News for 'Letters of Intent'

Franklin Templeton scotches rumours of exiting India

Franklin Templeton scotches rumours of exiting India

Rediff.com3 Apr 2021

Any speculation suggesting otherwise, or any rumours around sale of our business in India are incorrect and simply that -- rumours, says head of the US-based asset manager.

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).

EC bars cop who claimed Shaheen Bagh shooter-AAP link from poll duty

EC bars cop who claimed Shaheen Bagh shooter-AAP link from poll duty

Rediff.com6 Feb 2020

The poll body also observed that the investigation had 'political connotations' and Deo's conduct has 'consequences' for 'free and fair elections'.

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.

Surat couple makes Rafale-themed wedding card; earns PM's praise

Surat couple makes Rafale-themed wedding card; earns PM's praise

Rediff.com21 Jan 2019

In a letter sent to the Surat-based couple -- Yuvraj Pokharna and bride-to-be Sakshi Agrawal -- Modi described the content of the card as "ingenious" and asserted that it had inspired him to work even harder for the country.

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.

Sasan go-ahead for REL tomorrow

Sasan go-ahead for REL tomorrow

Rediff.com31 Jul 2007

Sasan Power Ltd, the special purpose vehicle floated by Power Finance Corporation for the 4,000 MW project, will on Wednesday issue the Letter of Intent to Reliance Power Ltd.

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'

Will ICC act against India for wearing military caps?

Will ICC act against India for wearing military caps?

Rediff.com11 Mar 2019

Mani said that Pakistan's stance is very clear that cricket must not be used for politics.

India-Pak agreement: J-K border residents hope for lasting peace

India-Pak agreement: J-K border residents hope for lasting peace

Rediff.com26 Feb 2021

The announcement by India and Pakistan to strictly observe all agreements on ceasefire along the Line of Control (LoC) and other sectors has rekindled hope for a peaceful future among border residents in Jammu and Kashmir who have been living under constant fear of firing and shelling.

Sebi to relax norms for re-classification process

Sebi to relax norms for re-classification process

Rediff.com24 Nov 2020

Maximum promoter holding to be eligible for reclassification to be raised from 10% to 15%; waiting time to be brought down to one month from three.

Bomb threat on flight: Accused hoped airline shuts, girlfriend shifts to Mumbai

Bomb threat on flight: Accused hoped airline shuts, girlfriend shifts to Mumbai

Rediff.com31 Oct 2017

This is the first arrest under the Act which came into force in July 2017, replacing the 1982 vintage law, according to which an accused can face a maximum punishment of life imprisonment till death and his properties can be confiscated, police said.

A 2019 investigation of Bombay Dyeing may delay Go Air IPO

A 2019 investigation of Bombay Dyeing may delay Go Air IPO

Rediff.com8 Jul 2021

A 2019 investigation of Bombay Dyeing by market regulator Sebi has put a brake on the initial public offering process of sister company Go Air. The Wadia group-owned low cost airline had earlier planned to launch the IPO to raise Rs 3,600 crore by August, but may be forced to postpone it by a month or two as Sebi completes its investigation.

SC asks UP to submit journalist Kappan's medical records

SC asks UP to submit journalist Kappan's medical records

Rediff.com27 Apr 2021

The Supreme Court on Tuesday asked the Uttar Pradesh government to submit medical records of journalist Sidhique Kappan who was arrested last year on the way to Hathras where a young Dalit woman had died after being allegedly gang-raped.

Was Nirav Modi tipped off?

Was Nirav Modi tipped off?

Rediff.com7 May 2021

'One cannot avoid speculating whether there was something else at play that led to the uncovering of this saga.'

Trump plans to scrap preferential trade status for India, Turkey

Trump plans to scrap preferential trade status for India, Turkey

Rediff.com5 Mar 2019

In a letter to Speaker of the US House of Representatives Nancy Pelosi, Trump said he was determined that New Delhi had "not assured" the US that it would "provide equitable and reasonable access" to the markets of India.

I need Nitish govt for development: PM writes to Bihar

I need Nitish govt for development: PM writes to Bihar

Rediff.com5 Nov 2020

In his four-page letter in Hindi, the PM said that better infrastructure and rule of law are imperative for social and economic prosperity and only the NDA can provide that in Bihar.

Khurshid 'bows to the wisdom' of the Election Commission

Khurshid 'bows to the wisdom' of the Election Commission

Rediff.com14 Feb 2012

Seeking to end his row with the Election Commission over his comments on sub-quota for Muslims, Law Minister Salman Khurshid has expressed regret, saying it was never his intention to transgress the law and undermine the poll code of conduct.

SC decision on contempt proceedings against Kamra on Friday

SC decision on contempt proceedings against Kamra on Friday

Rediff.com17 Dec 2020

The pleas came up for hearing before a bench headed by Justice Ashok Bhushan which heard the submissions of advocate Nishant R Katneshwarkar, who appeared for one of the petitioners and claimed that Kamra had posted several tweets scandalous to the judiciary.

Activists slam HC verdict on sexual abuse under POCSO

Activists slam HC verdict on sexual abuse under POCSO

Rediff.com25 Jan 2021

In a judgment passed on January 19, the Bombay high court has said groping a minor's breast without 'skin-to-skin contact' cannot be termed sexual assault as defined under the Protection of Children from Sexual Offences (POCSO) Act.

Twitter appoints interim chief compliance officer for India

Twitter appoints interim chief compliance officer for India

Rediff.com15 Jun 2021

A Twitter spokesperson on Tuesday said the company continues to make every effort to comply with the new guidelines, and is keeping the IT Ministry apprised of progress at every step of the process.

'UP's love jihad law legalises criminal intimidation, regressive attitudes'

'UP's love jihad law legalises criminal intimidation, regressive attitudes'

Rediff.com14 Jan 2021

'Whom do I want to marry and what decisions I make for marrying the person I love are totally personal decisions, in which neither the State nor the courts have any right to interfere.'

Plot thickens: Maha minister, BJP spar on Metro car shed land

Plot thickens: Maha minister, BJP spar on Metro car shed land

Rediff.com3 Nov 2020

State minister Nawab Malik said the Centre has written to the Maharashtra chief secretary, saying the proposed Metro-3 car shed land in suburban Kanjurmarg belongs to it, as he accused the opposition BJP of conspiring to stall the project through the Union government.

DLF to build three more tech parks

DLF to build three more tech parks

Rediff.com8 Aug 2006

Coal gate: SC expands scrutiny, notice to all mining states

Coal gate: SC expands scrutiny, notice to all mining states

Rediff.com26 Sep 2013

The Supreme Court on Thursday issued notices to seven coal mining states asking them to explain their role in coal block allocation after the Centre washed off its hands in any irregularities, saying that its role was limited to identifying the blocks and rest was done by states.

IAS officer who tweeted about Gandhi transferred

IAS officer who tweeted about Gandhi transferred

Rediff.com3 Jun 2019

Nidhi Chaudhari has also been issued a show-cause notice by the Maharashtra government for the 'sarcastic' tweet.

How Taliban's funding continued over 20 years

How Taliban's funding continued over 20 years

Rediff.com9 Sep 2021

In fact, the Taliban apparently collects about 10 per cent as cultivation tax from opium farmers and 15 per cent as heroin tax from laboratories and smugglers that smuggle narcotics into Pakistan. This, by itself, is a revenue stream estimated at USD 250-300 million.

India women's team divided over coach Powar's retention

India women's team divided over coach Powar's retention

Rediff.com4 Dec 2018

'Another change of coach will effect our growth and we will have to start from the scratch. And whatever may be the reason for Ramesh Sir's and Mithali Raj's conflicts, they should solve it across the table like a family and call it truce. This will provide more sense and security to them and the entire team'

TMC writes to EC over PM's Kedarnath visit

TMC writes to EC over PM's Kedarnath visit

Rediff.com19 May 2019

The TMC leader said all these moves were well calculated with the "ill intention to influence the voters" on the polling day.

Arnab Goswami accuses 'Sonia's goons' of attacking him

Arnab Goswami accuses 'Sonia's goons' of attacking him

Rediff.com23 Apr 2020

In a video posted after the alleged attack, Goswami said he was told by his security guards that the attackers were allegedly Youth Congress workers. However, there was no confirmation of the same by either police or the youth outfit.

Don't campaign for Trinamool Congress: Activists tell Anna

Don't campaign for Trinamool Congress: Activists tell Anna

Rediff.com19 Feb 2014

Activists associated with women's movements from different parts of India on Wednesday wrote an open letter to social activist Anna Hazare expressing their disappointment over the Gandhian campaigning for the Trinamool Congress Party in the upcoming Loksabha elections.

Sasikala takes everyone by surprise, says she is quitting politics

Sasikala takes everyone by surprise, says she is quitting politics

Rediff.com3 Mar 2021

Weeks ahead of the Tamil Nadu assembly elections, V K Sasikala, expelled All India Anna Dravida Munnetra Kazhagam leader and close aide of late chief minister J Jayalalithaa, on Wednesday announced that "she will stay away from politics," but would pray for the "golden rule" of the late party supremo.

Working to improve rotten system: Rahul

Working to improve rotten system: Rahul

Rediff.com17 Apr 2011

Congress General Secretary Rahul Gandhi has reacted sharply to former Supreme Court judge V R Krishna Iyer's letter accusing him of being "silent" on corruption, saying he is working to improve a "rotten system" instead of just complaining and has no intention of being glorified as a hero.

'Mischievious forces' behind CJI charges

'Mischievious forces' behind CJI charges

Rediff.com21 Apr 2019

There was no occasion for the woman to interact directly with the CJI, notes Supreme Court Secretary General S S Kalgaonkar.

Brexit countdown begins, PM triggers Article 50

Brexit countdown begins, PM triggers Article 50

Rediff.com29 Mar 2017

It sets the clock for a two-year negotiation process for Britain's relationship with the EU as a non-member.

FB row: Tharoor, BJP MP seek privilege notices against each other

FB row: Tharoor, BJP MP seek privilege notices against each other

Rediff.com20 Aug 2020

In his letter to Lok Sabha Speaker Om Birla, Tharoor took strong objection to Dubey's remarks on Twitter that 'the Chairman of Standing Committee does not have the authority to do anything without discussion of the agenda with its members'.

Reliance reboots Aramco deal, to re-evaluate structure

Reliance reboots Aramco deal, to re-evaluate structure

Rediff.com19 Nov 2021

After missing two self-imposed deadlines, billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced recalibration of a proposed $15 billion deal to sell 20 per cent stake in its oil refinery and petrochemical business to Saudi Aramco, saying the two firms have agreed to re-evaluate the proposed investment in light of the Indian firm's new energy forays. The stake sale talks, which were first officially revealed in August 2019, are being reset in light of Reliance making forays into new energy business in recent months by investing $10 billion in alternative energy over three years. To pivot to green energy, it has already bought a German maker of photovoltaic solar wafers and signed a deal with a Danish company to manufacture hydrogen electrolysers in India.

UK coronavirus deaths rise by 563 to 2,352

UK coronavirus deaths rise by 563 to 2,352

Rediff.com1 Apr 2020

The department of health said 29,474 people have tested positive for the virus, an increase of 4,324 cases since Tuesday, as the country remains under lockdown with the government's advice for people to stay at home and observe strict social distancing when outside for exercising or buying essentials.

What to expect at the Australian Open...

What to expect at the Australian Open...

Rediff.com4 Feb 2021

Rafael Nadal is tied with Roger Federer as the player with the most men's singles majors and the Spaniard can now overtake his great rival who has skipped the Australian Open.

Mr PM, This Is What You Could Do For Banks

Mr PM, This Is What You Could Do For Banks

Rediff.com13 Dec 2021

Your promise to protect bankers for their commercial decisions is a huge confidence booster, but how does one define a commercial decision? Are our investigative agencies well equipped to dissect lending decisions of bankers?