News for 'Liability'

Indian football shake-up: ISL clubs want full control

Indian football shake-up: ISL clubs want full control

Rediff.com19 Dec 2025

Indian Super League (ISL) clubs on Friday formally proposed a fundamental restructuring of the country's top-tier professional football league, seeking perpetual operational and commercial rights for a club-owned league model while retaining the All India Football Federation (AIFF) as the sport's regulator.

Young Earners, Start With A Minimum Rs 1 Cr Cover

Young Earners, Start With A Minimum Rs 1 Cr Cover

Rediff.com27 Nov 2025

Younger customers should opt for increasing cover as their financial commitments are likely to rise in the future.

Sebi panel seeks overhaul of conflict-of-interest, disclosure norms

Sebi panel seeks overhaul of conflict-of-interest, disclosure norms

Rediff.com13 Nov 2025

All board members and staff of the Securities and Exchange Board of India (Sebi) will be required to declare their assets, liabilities, trading activities, and relevant relationships at multiple stages - at the time of appointment, annually, upon key events, and at exit. This is part of a series of recommendations by a high-level committee constituted by the markets regulator in a bid to overhaul conflict-of-interest and disclosure rules.

L&T eyes global nuclear supply chain expansion

L&T eyes global nuclear supply chain expansion

Rediff.com19 Dec 2025

Construction major L&T is gearing up to expand its footprint in the global nuclear supply chain, a senior company official has said, while calling for amendments to key legislations on the domestic front to pave the way for the entry of private players and foreign capital necessary for capacity enhancement.

Sexual assault: Absconding Kerala Cong MLA's flat searched

Sexual assault: Absconding Kerala Cong MLA's flat searched

Rediff.com30 Nov 2025

Two police teams have been conducting the search to collect evidence at his apartment in Kunathurmedu since morning, officials said.

No bail for absconding Kerala Cong MLA Rahul in rape case

No bail for absconding Kerala Cong MLA Rahul in rape case

Rediff.com5 Dec 2025

A court in Thiruvananthapuram dismissed the anticipatory bail petition of expelled Congress MLA Rahul Mamkoottathil in a sexual assault case, citing the gravity of the allegations and potential impact on the investigation.

Leverage moderating across Adani firms: BofA

Leverage moderating across Adani firms: BofA

Rediff.com12 Nov 2025

The Adani group, which operates across multiple infrastructure sectors, with 12 listed entities in India and a combined market capitalisation of about $200 billion, remains "anchored by strong assets and robust cash flows", according to a Bank of America (BofA) report.

Govt to bring G RAM G Bill to replace MGNREGA; guarantees 125-day work

Govt to bring G RAM G Bill to replace MGNREGA; guarantees 125-day work

Rediff.com16 Dec 2025

A bill to repeal the MGNREGA and introduce a new rural employment law, the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), has been circulated among Lok Sabha members.

Why Gambhir Should Bring Back Kohli-Era Style Pitches

Why Gambhir Should Bring Back Kohli-Era Style Pitches

Rediff.com17 Nov 2025

Gautam Gambhir, India's head coach, may have expressed support for the Kolkata pitch, but it continues to draw criticism from all quarters.

Messi event fiasco: Mamata accepts sports minister's resignation

Messi event fiasco: Mamata accepts sports minister's resignation

Rediff.com17 Dec 2025

West Bengal Chief Minister Mamata Banerjee on Tuesday accepted Aroop Biswas's resignation as the sports minister in the wake of the controversy over the mismanagement of football icon Lionel Messi's event last week, a senior leader of the ruling Trinamool Congress said.

GLAS Trust's claims: Byju Raveendran to file for $2.5 bn damages

GLAS Trust's claims: Byju Raveendran to file for $2.5 bn damages

Rediff.com27 Nov 2025

Byju's founder Byju Raveendran is preparing to file a $2.5 billion damages claim, alongside new evidence in a US court that he says disproves GLAS Trust's allegations that $533 million in 'Alpha Funds' was diverted by the company's founders.

IndiGo moves Delhi HC seeking Rs 900 crore Customs duty refund

IndiGo moves Delhi HC seeking Rs 900 crore Customs duty refund

Rediff.com13 Dec 2025

InterGlobe Aviation, the operator of IndiGo, has approached the Delhi high court seeking a refund of over Rs 900 crore it claims to have paid as Customs duty on aircraft engines and parts re-imported into India after overseas repairs. The petition came up for hearing on Friday before a bench of Justices Prathiba M Singh and Shail Jain.

'India Should Move Quickly As Conditions Change'

'India Should Move Quickly As Conditions Change'

Rediff.com2 Jan 2026

'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'

Registration Isn't Ownership

Registration Isn't Ownership

Rediff.com26 Nov 2025

Lawful possession means having both actual control over a property and a valid legal right to keep it, usually based on a registered sale deed, lease agreement, or lawful allotment.

From 35 To 6: NITI Aayog's Tax Trim Plan

From 35 To 6: NITI Aayog's Tax Trim Plan

Rediff.com11 Oct 2025

While the new income tax law replaces the Income Tax Act, 1961 and omits 13 offences, 35 actions and omissions continue to attract criminal liability under 13 provisions.

New Rural Jobs Bill Sparks International Concern

New Rural Jobs Bill Sparks International Concern

Rediff.com20 Dec 2025

'Previously, contributing only 25 per cent of material costs, states now face burdens of 40 per cent to 100 per cent of total costs, ensuring poorer states will curb project approvals, directly stifling work demand.'

Nitin Nabin Was 7 Weeks Old When BJP Was Formed In 1980

Nitin Nabin Was 7 Weeks Old When BJP Was Formed In 1980

Rediff.com15 Dec 2025

BJP sources said the formal process to elect current party President J P Nadda's successor will begin in mid-January, following Makar Sankranti, with Nitin Nabin expected to be the frontrunner to file his nomination.

Vodafone Idea net loss narrows to Rs 5,524 crore in Q2

Vodafone Idea net loss narrows to Rs 5,524 crore in Q2

Rediff.com11 Nov 2025

Debt-ridden telecom operator Vodafone Idea on Monday said its consolidated net loss narrowed to Rs 5,524 crore in the second quarter ended September compared to the year-ago period, mainly on account of savings in finance cost on debt from banks and an increase in average revenue per user supported by a tariff hike.

Jane Street Now Under CBDT Scanner

Jane Street Now Under CBDT Scanner

Rediff.com24 Sep 2025

The CBDT is investigating Jane Street for possibly misusing the India-Singapore tax treaty.

Why steel tycoon Lakshmi Mittal is leaving UK

Why steel tycoon Lakshmi Mittal is leaving UK

Rediff.com23 Nov 2025

Indian-origin steel magnate Lakshmi N Mittal, until now based in Britain and a regular on the country's richest billionaires tally, has decided to quit the UK as the Labour Party-led government's feared tax shake-up for the super-rich nears, according to a UK media report on Sunday.

Mamkoottathil raped complainant multiple times during pregnancy: FIR

Mamkoottathil raped complainant multiple times during pregnancy: FIR

Rediff.com28 Nov 2025

The police first information report (FIR) against suspended Congress MLA Rahul Mamkoottathil alleged that he raped the complainant multiple times even when she was pregnant.

Fresh rape complaint against absconding Kerala Cong MLA Mamkootathil

Fresh rape complaint against absconding Kerala Cong MLA Mamkootathil

Rediff.com2 Dec 2025

In the fresh complaint, the woman allegedly stated that Mamkootathil had grievously exploited, assaulted, and emotionally abused her under "the false promise of marriage."

Congress Will Split Soon: Modi

Congress Will Split Soon: Modi

Rediff.com15 Nov 2025

'The Congress has no positive vision for the country. The truth is that today the Congress has become the Muslimleegi Maowadi Congress -- MMC. The Congress' entire agenda revolves around this, so now a new faction is emerging within Congress itself, which is uncomfortable with this negative politics.'

Why Banks Are Struggling For Deposits

Why Banks Are Struggling For Deposits

Rediff.com19 Nov 2025

As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends, points out Tamal Bandyopadhyay.

'Confident of good trade deal with US'

'Confident of good trade deal with US'

Rediff.com21 Nov 2025

Officials from both India and the US in the recent past have indicated that a "fair deal" will be concluded soon, with Indian officials holding that more formal rounds of talks are not needed.

RBI outlines steps to improve EPFO's investment management

RBI outlines steps to improve EPFO's investment management

Rediff.com15 Oct 2025

The RBI advisory follows a labour ministry request earlier this year seeking the central bank's expertise to identify gaps in EPFO's investment strategy and fund management practices, including accounting, risk management, and internal governance.

US Judgment Against Byju Raveendran Faces Steep Hurdles in India

US Judgment Against Byju Raveendran Faces Steep Hurdles in India

Rediff.com1 Dec 2025

A US court's $1.07-billion default judgment against Byju Raveendran can't be enforced directly in India because the US isn't a "reciprocating territory." Creditors must file a new case in an Indian court.

The Putin Visit: The US-Pakistan Connection

The Putin Visit: The US-Pakistan Connection

Rediff.com8 Dec 2025

Luckily for us, a Russia that is desperate to stay relevant in an emerging multipolar world finds in India a reliable geostrategic partner. The Russian proximity to India also keeps China from exploiting its economic dominance vis a vis Russia, points out Colonel Anil A Athale (retd).

RBI in no hurry to launch digital currency nationwide

RBI in no hurry to launch digital currency nationwide

Rediff.com8 Oct 2025

The Reserve Bank of India (RBI) is in no rush to launch the central bank digital currency (CBDC) nationwide, as its most promising use case - cross-border payments - depends on other countries rolling out their own CBDCs simultaneously for the system to work effectively. That said, the CBDC pilot is progressing well, with the user base in India expanding to about seven million, said RBI Deputy Governor T Rabi Sankar.

'Online Real Money Games Are A Menace'

'Online Real Money Games Are A Menace'

Rediff.com21 Aug 2025

'There are cases of suicides, and middle-class families losing their entire family savings.'

Vijay's TVK not a recognised political party: EC

Vijay's TVK not a recognised political party: EC

Rediff.com17 Oct 2025

The Election Commission of India informed the Madras High Court that actor Vijay's TVK is not a recognised political party during a hearing regarding a PIL seeking its derecognition following a stampede at a party rally.

Core areas light up Havells India as consumer durables dim the spark

Core areas light up Havells India as consumer durables dim the spark

Rediff.com6 Nov 2025

The July-September quarter (Q2) performance of consumer electricals and durables major Havells India in 2025-26 (FY26) was broadly in line with Street estimates. While the top line was supported by robust growth in the wire and cable, switchgear, and lighting segments, the consumer durables segment restricted overall gains.

Bank customer has zero liability for unauthorised transaction: HC

Bank customer has zero liability for unauthorised transaction: HC

Rediff.com13 Jun 2024

The bench referred to three reports submitted by the cyber cell police which said the beneficiaries were added to the bank account without any message or OTP received on the registered mobile number and email to the registered email account.

Digital Rupee Faces Delay Over Banks' Tech Hurdles

Digital Rupee Faces Delay Over Banks' Tech Hurdles

Rediff.com21 Oct 2025

'There are no additional benefits for banks and market participants to use CBDC...'

'Bulldozer Justice Continues Despite SC Verdict'

'Bulldozer Justice Continues Despite SC Verdict'

Rediff.com2 Dec 2025

'Even as the Supreme Court's anti-punitive demolition judgment nears its first anniversary, no formal contempt proceedings have been initiated either by the Supreme Court or any high court against officers or demolition squads who have acted in violation of it.'

Jio IPO to fetch premium valuations: I-Sec

Jio IPO to fetch premium valuations: I-Sec

Rediff.com24 Oct 2025

ICICI Securities expects Jio Platforms' ensuing IPO to fetch "premium valuations", as was the case in the high-profile equity raise of FY21, and has pegged the company's equity value at $148 billion by September 2027.

Compensation Assured for Crash Victims

Compensation Assured for Crash Victims

Rediff.com14 Jul 2025

The only case where there could be a change in insurance payout is if Air India's management were found to be aware of the accident and the accident was deliberate.

Arunachal Key To India-Japan Strategy Against China

Arunachal Key To India-Japan Strategy Against China

Rediff.com26 Nov 2025

If they act now, they can reshape the strategic map of Asia without firing a shot. If they wait, the next opportunity will come only after a serious Taiwan Strait incident -- by which time the price will be far higher, and the room for boldness far smaller -- the opportunity may well be lost by then. The question is no longer whether this can or should be done, points out Varun Arya.

No AGR relief for Vodafone Idea: MoS Telecom

No AGR relief for Vodafone Idea: MoS Telecom

Rediff.com25 Aug 2025

The telecom department is not contemplating providing any relief to Vodafone Idea with regard to adjusted gross revenue, Minister of State for Communications Chandra Sekhar Pemmasani said on Monday. "We have recently converted a lot of their debt into equity.

India rejects IMF view that US tariffs will stay indefinitely, hit growth

India rejects IMF view that US tariffs will stay indefinitely, hit growth

Rediff.com27 Nov 2025

The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.