News for 'Letter of Intent'

Twitter to appoint chief compliance officer within a week

Twitter to appoint chief compliance officer within a week

Rediff.com9 Jun 2021

Social media platform Twitter is learnt to have written to the government that it is in advanced stages of finalising chief compliance officer as per the new IT rules and additional details will be submitted to the government within a week, according to an official source.

Indusind Bank says whistleblower claims baseless

Indusind Bank says whistleblower claims baseless

Rediff.com6 Nov 2021

Terming whistleblower allegations on loan evergreening as "grossly inaccurate and baseless", Indusind Bank on Saturday admitted to have disbursed 84,000 loans without customer consent in May owing to a "technical glitch". Lending without the consent was reported by the field staff in two days, and the glitch was also rectified expeditiously, the private sector lender said in a clarification. On Friday, there was a media report about anonymous whistleblowers writing to the bank management and the RBI about BFIL, the microlending-focused subsidiary of the bank, allegedly resorting to evergreening of loans, wherein existing borrowers unable to pay dues were given new loans to present the books as clean.

Sonia Gandhi keen to involve Prashant Kishor for Congress revival: Moily

Sonia Gandhi keen to involve Prashant Kishor for Congress revival: Moily

Rediff.com19 Apr 2022

The former Union minister said it is 'quite heartening' to see that Gandhi has taken up the initiative to involve Kishor to come out with a strategy for the 2024 Lok Sabha elections, and the party's revival plan.

Arnab, wife seek pre-arrest bail in 'assault' case

Arnab, wife seek pre-arrest bail in 'assault' case

Rediff.com11 Nov 2020

Last week, a first information report was registered against Goswami, his wife and his son at N M Joshi Marg police station in central Mumbai for allegedly assaulting a woman police officer when a police team went to his house to arrest him in the suicide case on November 4.

Hairstylist Habib booked for spitting on woman's hair; NCW issues summons

Hairstylist Habib booked for spitting on woman's hair; NCW issues summons

Rediff.com7 Jan 2022

Habib operates more than 850 salons and around 65 hair academies across 115 cities across India.

Sedition case against celebs who wrote to PM on lynchings

Sedition case against celebs who wrote to PM on lynchings

Rediff.com4 Oct 2019

The letter was written by 49 eminent personalities, including filmmakers Mani Ratnam, Anurag Kashyap, Shyam Benegal, actor Soumitra Chatterjee as well as vocalist Shubha Mudgal in July this year.

Djokovic is our LeBron but we have to call him out sometimes: Kyrgios

Djokovic is our LeBron but we have to call him out sometimes: Kyrgios

Rediff.com26 Jan 2021

Nick Kyrgios has likened Novak Djokovic to NBA player LeBron James in his influence both on and off the court but says he had a duty to call out the world number one when he "lost his way" during the COVID-19 pandemic.

Putin Offers Ukraine an Olive Branch

Putin Offers Ukraine an Olive Branch

Rediff.com25 Feb 2022

Russia's main gain will be that in geopolitical terms, Ukraine regains its sovereignty and ceases to be a de facto American colony, observes Ambassador M K Bhadrakumar.

'This is not a fight against the Gandhis'

'This is not a fight against the Gandhis'

Rediff.com23 Mar 2022

'I am requesting Sonia Gandhi to listen to her inner voice again.' 'Then, she will know this is the time for the family to step aside.'

Vikrant: A Giant Leap For Indian Navy

Vikrant: A Giant Leap For Indian Navy

Rediff.com2 Sep 2022

The Indian Navy has a big role to play in support of our strategic objectives in the Indian Ocean. The increasing Chinese presence in the Indian Ocean is a matter of concern and need to be factored. Hence, the requirement of an Aircraft Carrier is a foregone conclusion, asserts Commodore Venugopal Menon (retd).

Russia reaches out to Kerala for Sputnik V plant

Russia reaches out to Kerala for Sputnik V plant

Rediff.com29 Jul 2021

The government may look at areas around Thonnakkal, in Thiruvananthapuram district, for the facility. If successful, this would be one of the few sites of Sputnik V owned by Russian firms outside that country. Shine Jacob and Sohini Das report.

Ex-Barcelona coach Setien to sue club over contract

Ex-Barcelona coach Setien to sue club over contract

Rediff.com18 Sep 2020

Setien's complaint piled yet more pressure on president Josep Maria Bartomeu less than an hour after a group seeking his removal announced they had gathered enough signatures to force a vote of no-confidence against him.

Timeline: Novak Djokovic's Australian saga

Timeline: Novak Djokovic's Australian saga

Rediff.com16 Jan 2022

Tennis star Novak Djokovic's bid to win a record-breaking 21 men's Grand Slam titles at the Australian Open ended on Sunday with a court decision to uphold the government's cancellation of his visa.

Cutting cake depicting national flag not an offence: HC

Cutting cake depicting national flag not an offence: HC

Rediff.com22 Mar 2021

Cutting a huge cake depicting the National Flag and eating it could not be construed as an offence punishable under the relevant Act, the Madras high Court ruled.

Gujarat polls: Gandhinagar archbishop gets EC notice for prayer appeal

Gujarat polls: Gandhinagar archbishop gets EC notice for prayer appeal

Rediff.com26 Nov 2017

In Gujarat's political circles, the appeal was seen as an indirect call to vote against the ruling Bharatiya Janata Party.

Interpol issues red corner notice for Nirav Modi's brother Nehal

Interpol issues red corner notice for Nirav Modi's brother Nehal

Rediff.com13 Sep 2019

They said the global arrest warrant against the Belgian national Nehal, 40, has been issued on charges of alleged money laundering that is being probed by the Enforcement Directorate.

Kangana, Prasoon Joshi, 60 others question 'selective outrage'

Kangana, Prasoon Joshi, 60 others question 'selective outrage'

Rediff.com26 Jul 2019

On Tuesday, 49 people, including award-winning filmmakers Aparna Sen and Mani Ratnam, and historian Ramachandra Guha, wrote to PM Modi, urging him to intervene in cases of hate crimes and atrocities against minority communities.

US formally exits Paris climate deal

US formally exits Paris climate deal

Rediff.com4 Nov 2020

President Trump originally announced his intention to withdraw from the agreement in 2017 and formally notified the United Nations last year. The US exited the pact after a mandatory year-long waiting period that ended on Wednesday.

NPR, CAA wasteful exercises; don't want it: Retired bureaucrats

NPR, CAA wasteful exercises; don't want it: Retired bureaucrats

Rediff.com9 Jan 2020

'At a time when the economic situation in the country warrants the closest attention of the government, India can ill afford a situation where the citizenry and the government enter into confrontation on the roads'

Modi's language doesn't behove PM's position: Manmohan writes to President

Modi's language doesn't behove PM's position: Manmohan writes to President

Rediff.com14 May 2018

The letter signed by other Congress leaders stated that the PM had used "threatening and intimidating" language against them.

Reliance, Saudi Aramco stake sale talks gain pace

Reliance, Saudi Aramco stake sale talks gain pace

Rediff.com28 Apr 2021

Billionaire Mukesh Ambani's Reliance Industries is reported to have held talks with Saudi Aramco on a cash and share deal for sale of a 20 per cent stake in its oil refining and petrochemical arm. Ambani had in August 2019 announced talks for the sale of a 20 per cent stake in the oil-to-chemicals (O2C) business, which comprises its twin oil refineries at Jamnagar in Gujarat and petrochemical assets, to the world's largest oil exporter. The deal was to conclude by March 2020 but has been delayed for reasons not disclosed by either company.

'Barca should have sold Messi'

'Barca should have sold Messi'

Rediff.com3 Dec 2020

"Both in terms of what you save on the wage bill as well as the money you make, it would've been desirable. But this is something the coaching staff have to consent to and that's not my place.

Ashoka University chancellor says founders never interfered

Ashoka University chancellor says founders never interfered

Rediff.com21 Mar 2021

In a strong counter to the narrative building around reasons for the exit of Professor Pratap Bhanu Mehta, Ashoka University Chancellor Rudrangshu Mukherjee has said the institution remains committed to academic freedom and intellectual independence while its Board of Trustee Chairman Ashish Dhawan promised an open line of communication.

Rahul's aircraft develops technical snag, Congress seeks probe

Rahul's aircraft develops technical snag, Congress seeks probe

Rediff.com26 Apr 2018

The plane suddenly tilted heavily on the left side and the altitude dipped steeply with violent shuddering of the aircraft body, the complainant said.

Stop Cong leaders: K'taka rebel MLAs to Mumbai police

Stop Cong leaders: K'taka rebel MLAs to Mumbai police

Rediff.com15 Jul 2019

The MLAs in the letter said they feel threatened, and requested the police to stop any Congress leader from meeting them.

Judge Saini singles out Nair, Chatterjee in Dr Singh's PMO

Judge Saini singles out Nair, Chatterjee in Dr Singh's PMO

Rediff.com23 Dec 2017

'The question is: Who misrepresented the facts to the then PM? It was not A Raja but Pulok Chatterjee, in consultation with T K A Nair, as he had suppressed the most relevant and controversial part of the letter of A Raja from the then Prime Minister,' says the special CBI judge in his 2G spectrum case verdict.

Ex-Maha HM Deshmukh arrested by ED after over 12 hrs questioning

Ex-Maha HM Deshmukh arrested by ED after over 12 hrs questioning

Rediff.com2 Nov 2021

Officials said Deshmukh, 71, was arrested under the provisions of the Prevention of Money Laundering Act.

What Rakesh Gangwal's exit from IndiGo may mean for the airline

What Rakesh Gangwal's exit from IndiGo may mean for the airline

Rediff.com18 Mar 2022

On February 19, India's largest private low-fare airline IndiGo announced the resignation of one of the two founders, Rakesh Gangwal, from the airline's board and his intentions of offloading his stake in the airline over the next five years. The announcement came on a Friday, giving the stock markets the weekend to absorb the news but the markets registered a tepid response on Monday's opening. In contrast, in July 2019, when the fight between the two founders and erstwhile friends first became public, the markets reacted savagely. The IndiGo scrip at the time fell 19 per cent, wiping out millions of rupees of shareholder wealth before bouncing back. For readers who may be hazy on the details of the dispute, here is the context.

India, Pak agree to 'strict observance' of ceasefire pacts

India, Pak agree to 'strict observance' of ceasefire pacts

Rediff.com25 Feb 2021

India and Pakistan have agreed to strictly observe all agreements on ceasefire along the Line of Control (LoC) and other sectors, according to a joint statement on Thursday.

LoI: Cell cos write to DoT

LoI: Cell cos write to DoT

Rediff.com14 Nov 2007

Private GSM mobile players' lobby Cellular Operators Association of India launched on Wednesday another attack on the government, warning that any proposal to issue Letters of Intent to all prospective licencees will seriously hamper investors' confidence. According to COAI, the entry fee of Rs 1,651 crore (Rs 16.51 billion) for a pan-India licence, as fixed by the department of telecommunication is for spectrum bundled with license.

Bihar police drop sedition charge against celebrities

Bihar police drop sedition charge against celebrities

Rediff.com9 Oct 2019

Police sources claimed that during investigations it was noted that allegations were "mischievous" and "lacked substance".

Compensation case: ICC orders PCB to pay 60 pc of cost claimed by BCCI

Compensation case: ICC orders PCB to pay 60 pc of cost claimed by BCCI

Rediff.com19 Dec 2018

The BCCI, on the other hand, has been asked to pay 40 per cent of the administrative costs and expenses of the DRC. The judgement did not specify the exact amount that was claimed by the Indian Board.

Ex-BSF jawan loses SC case challenging PM's election

Ex-BSF jawan loses SC case challenging PM's election

Rediff.com24 Nov 2020

A bench comprising Chief Justice S A Bobde and justices A S Bopanna and V Ramasubramanian, that had reserved its verdict in the case on November 18, upheld the Allahabad high court judgment dismissing Bahadur's election petition against the poll panel's decision to reject his nomination papers.

Operation Bluestar: A Governor Reveals All

Operation Bluestar: A Governor Reveals All

Rediff.com23 Nov 2021

B D Pande was Punjab's governor during Operation Bluestar. In this excerpt from his memoir, In the Service of Free India: Memoir of a Civil Servant, Pande reveals what really went on behind the scenes during those dark days in India's history.

TMC moves Prez to remove Dhankhar from governor's post

TMC moves Prez to remove Dhankhar from governor's post

Rediff.com30 Dec 2020

The Bharatiya Janata Party, however, said the governor is acting within his constitutional parameters while the "TMC is scared".

On Pak's request, UNSC allows Hafiz Saeed to withdraw money

On Pak's request, UNSC allows Hafiz Saeed to withdraw money

Rediff.com27 Sep 2019

Pakistan in a letter to UN Security Council 1267 Committee has contended that Hafiz Saeed supports a family of four members, as a sole supporter, he is responsible for food, drink and clothes expenses for all family members.

Karni Sena refuses Bhansali's invitation to watch Padmaavat

Karni Sena refuses Bhansali's invitation to watch Padmaavat

Rediff.com20 Jan 2018

The production company sent a missive to Shree Rajput Karni Sena and Shree Rajput Sabha Bhawan, its leaders claimed but alleged that the move was only a ploy "aimed at fooling".

L&T Infotech recalls 1,500 job offers

L&T Infotech recalls 1,500 job offers

Rediff.com31 May 2016

The withdrawal of offer letters is an indication that the company might have overestimated its future business after giving offer letters.

Kartarpur corridor: Sidhu seeks permission for visiting Pakistan

Kartarpur corridor: Sidhu seeks permission for visiting Pakistan

Rediff.com2 Nov 2019

In a letter to External Affairs Minister S Jaishankar, Sidhu said that he had been invited by the Pakistan government for opening ceremony of Kartarpur Sahib corridor on November 9.

US not in a rush to recognise Taliban govt: White House

US not in a rush to recognise Taliban govt: White House

Rediff.com9 Sep 2021

'No one in this administration, not the President nor anyone on the national security team, would suggest that the Taliban are respected and valued members of the global community'