News for 'MOU'

Can't deny funds to states not implementing NEP: Parl panel

Can't deny funds to states not implementing NEP: Parl panel

Rediff.com26 Mar 2025

A parliamentary panel has criticized the Indian government for withholding funds from states that have not agreed to implement the PM SHRI schools scheme, calling the reasoning behind the decision "not factual or justified." The panel has recommended the immediate release of pending funds to states like Kerala, Tamil Nadu, and West Bengal, which have been significantly impacted by the delays.

SC stays HC order over Ayushman Bharat scheme in Delhi

SC stays HC order over Ayushman Bharat scheme in Delhi

Rediff.com17 Jan 2025

A bench of Justices B R Gavai and Augustine George Masih issued notices to the Centre and others seeking their responses on a plea filed by the Delhi government against the December 24 2024 direction of the Delhi high court.

Brazil's Embraer in talks with IndiGo, A-I to strengthen foot print in India

Brazil's Embraer in talks with IndiGo, A-I to strengthen foot print in India

Rediff.com2 Jun 2025

Embraer sees a lot of opportunities in India in the commercial and business jets as well as military aircraft and eVTOL segments, its CEO Francisco Gomes Neto has said as the Brazilian seeks to strengthen its foot print in the fast growing Indian market. Besides, the company is in talks with IndiGo and Air India to explore the possibility of selling its E-2 aircraft, which can have up to 146 seats.

Pradhan alleges U-turn on NEP, Stalin says 'control your tongue'

Pradhan alleges U-turn on NEP, Stalin says 'control your tongue'

Rediff.com10 Mar 2025

The DMK protested in the Lok Sabha after Union Education Minister Dharmendra Pradhan criticized the Tamil Nadu government for refusing to implement the National Education Policy (NEP) and accused them of "politics." Pradhan alleged that the state had initially agreed to the PM SHRI scheme but later backed out. The DMK, however, asserted that they have issues with the NEP and the three-language formula, and cannot accept it in full. The protests disrupted House proceedings, leading to an adjournment. The DMK members were angered by Pradhan's accusations, demanding the release of funds allocated for education in the state.

India, Sri Lanka to ink major defence pact 40 yrs after IPKF intervention

India, Sri Lanka to ink major defence pact 40 yrs after IPKF intervention

Rediff.com29 Mar 2025

The two sides are also likely to firm up a currency swap framework and seal several other agreements including one on debt restructuring following talks between Modi and Sri Lankan President Anura Kumara Disanayaka on April 5, people familiar with the matter said.

Olympics: Amit Shah says, ten stadiums to be built in Ahmedabad

Olympics: Amit Shah says, ten stadiums to be built in Ahmedabad

Rediff.com10 Mar 2025

'India has resolved to hold the 2036 Olympic Games in these 10 complexes.'

Why Modi's visit to Sri Lanka is important

Why Modi's visit to Sri Lanka is important

Rediff.com4 Apr 2025

Prime Minister Narendra Modi is set to visit Sri Lanka, where he will hold talks with President Anura Kumara Dissanayake and strengthen ties through agreements on defence, energy security, and digitalisation. This visit aims to further bolster the already strong relationship between the two nations and is expected to include several outcomes, including a defence cooperation agreement, debt restructuring, and a currency swap. This visit comes at a time when Sri Lanka is recovering from an economic crisis, where India played a significant role in providing financial assistance.

Upstream oil companies return to Andaman Sea, dig offshore wells

Upstream oil companies return to Andaman Sea, dig offshore wells

Rediff.com29 Mar 2025

In a significant move, state-run oil producer Oil India Limited (OIL) has finished drilling its first well in the Andaman sea while Oil and Natural Gas Corporation (ONGC) has just started drilling operations in the area, said officials.

Modi reaches Colombo, 10 ambitious outcomes expected

Modi reaches Colombo, 10 ambitious outcomes expected

Rediff.com4 Apr 2025

Prime Minister Narendra Modi's visit to Sri Lanka is expected to yield at least 10 ambitious outcomes, including a defense cooperation agreement and frameworks for deeper engagement in the energy sector. The visit comes at a time when Sri Lanka is recovering from an economic crisis, with India providing significant financial assistance. Modi and Sri Lankan President Anura Kumara Dissanayake will also dedicate several projects built with India's assistance and virtually inaugurate the Sampur solar energy project.

Strategic pacts reshape energy turf

Strategic pacts reshape energy turf

Rediff.com13 Feb 2025

Leading oil companies dedicated the second day of India Energy Week (IEW) 2025 to announcing strategic deals and business agreements across the supply chain - from sourcing more crude oil supply to deploying more domestic ships and building gas distribution capacity.

Hindustan Aeronautics gets wings to fly higher as analysts stay bullish

Hindustan Aeronautics gets wings to fly higher as analysts stay bullish

Rediff.com5 Apr 2025

News reports that GE Aerospace has delivered the first of 99 F404-IN20 engines ordered by Hindustan Aeronautics (HAL) for the Tejas Mk-1A has revived interest in the HAL stock.

Politics over NEP heats up, TN to protest on Tuesday

Politics over NEP heats up, TN to protest on Tuesday

Rediff.com17 Feb 2025

Tamil Nadu is set to protest against the National Education Policy (NEP) on February 18, with the ruling DMK and its allies announcing a demonstration. The state government has been at odds with the Centre over the implementation of the NEP and the three-language formula proposed in the policy. Union Education Minister Dharmendra Pradhan dismissed the state's opposition as "politics" and asserted that the Centre is committed to implementing the NEP across the country. The DMK, however, accused the Centre of encroaching on the state's rights and using the office of the Governor to push the NEP.

India To Have Second Rocket Port

India To Have Second Rocket Port

Rediff.com12 Mar 2025

The fuel cost will come down if rockets are launched from Kulasekarapattinam as they will have a straight trajectory and need not have to avoid Sri Lanka, which is being done by rockets flown from Sriharikota.

Tata Power, BoB ink pact for rooftop solar projects

Tata Power, BoB ink pact for rooftop solar projects

Rediff.com6 Feb 2025

Tata Power Renewable Energy Ltd (TPREL) has partnered with Bank of Baroda to offer financing for residential rooftop solar projects under the PM - Surya Ghar Muft Bijli Yojana. The partnership aims to make clean energy solutions accessible to households across India. Customers can avail loans up to Rs 6 lakh at an interest rate starting at 7 per cent per annum. The scheme offers flexible repayment tenures and requires a margin contribution of 10-20 per cent depending on the installation size.

After Delhi's sign-in, Bengal only state to hold out on Ayushman Bharat

After Delhi's sign-in, Bengal only state to hold out on Ayushman Bharat

Rediff.com28 Feb 2025

According to a parliamentary response by the Union health ministry in 2023, around 654,000 families in Delhi are eligible to enrol under the scheme.

'Sri Lanka's Relations With India At All-Time High'

'Sri Lanka's Relations With India At All-Time High'

Rediff.com9 Apr 2025

'Granting the country's highest civilian honour to Prime Minister Modi was surprising as it indicated the government was going out of its way to have India as a close partner.'

New face in Indian Track & Field coaching

New face in Indian Track & Field coaching

Rediff.com16 Feb 2025

Olympic champion Elaine Thompson's mentor Jerry Holness joins as Indian women's 400m coach

Who's a tougher negotiator? Modi or him? Trump says...

Who's a tougher negotiator? Modi or him? Trump says...

Rediff.com14 Feb 2025

Trump announced that India and the US agreed to work together to build the India-Middle East-Europe Economic Corridor (IMEC) and called it one of the greatest trade routes. He said that the route will operate from Israel to Italy and onward to the US.

Tata Motors signs MoU for Ford India's Sanand plant

Tata Motors signs MoU for Ford India's Sanand plant

Rediff.com30 May 2022

Tata Motors on Monday said its subsidiary and Ford India have inked a pact with the Gujarat government to acquire FIPL's Sanand vehicle manufacturing plant. Tata Passenger Electric Mobility Ltd (TPEML) -- a subsidiary of Tata Motors -- and Ford India Pvt Ltd (FIPL) have today signed a memorandum of understanding (MOU) with the Gujarat government for the potential acquisition of FIPL's Sanand vehicle manufacturing facility, including land, buildings, vehicle manufacturing plant, machinery and equipment, Tata Motors said in a regulatory filing. The MoU also includes the transfer of all eligible employees of FIPL Sanand's vehicle manufacturing operations, subject to the signing of definitive agreements and receipt of relevant approvals, it added.

Workers' strike still on at Samsung Chennai unit despite pay hike offer

Workers' strike still on at Samsung Chennai unit despite pay hike offer

Rediff.com9 Oct 2024

Workers' strike at Samsung Electronics plant at Sriperumbudur entered 30th day on Tuesday with no end in sight as Centre of Indian Trade Unions (CITU), the union leading the charge, claimed that its major demands are yet to be fulfilled. This is despite the company agreeing to pay a special incentive to the employees.

Bangladesh foreign secy meets Indian envoy over border tensions

Bangladesh foreign secy meets Indian envoy over border tensions

Rediff.com12 Jan 2025

Bangladesh has summoned the Indian High Commissioner in Dhaka over border tensions, accusing India of violating a bilateral agreement by constructing fences at five locations along the Indo-Bangla border. The development comes after Bangladesh officials alleged that India had halted construction of barbed wire fencing due to strong opposition from the Border Guard Bangladesh and local residents.

Jio-bp, Mahindra sign MoU for EV

Jio-bp, Mahindra sign MoU for EV

Rediff.com8 Dec 2021

A joint venture of Reliance Industries Ltd and BP of the UK on Wednesday said it has signed an agreement with the Mahindra Group to explore EV and low-carbon solutions, including battery swapping technology options, for electric 3-wheelers. Besides exploring creation of EV products and services, the non-binding MoU signed by Reliance BP Mobility Limited (RBML) and Mahindra Group would look for identifying synergies in low-carbon and conventional fuels, the company said in a statement. "The MoU also covers evaluating charging solutions by Jio-bp for Mahindra vehicles including electric 3 and 4 wheelers, quadricycles and e-SCV (Small Commercial Vehicles - sub 4 ton)," it said.

Dabur plans first plant in South India, to invest Rs 400 crore in Tamil Nadu

Dabur plans first plant in South India, to invest Rs 400 crore in Tamil Nadu

Rediff.com22 Aug 2024

Home-grown FMCG major Dabur India on Thursday said it will set up a Rs 400-crore manufacturing plant in Tamil Nadu's Villupuram district, marking the company's maiden foray into the South. State Industries Minister TRB Rajaa said, Dabur has signed a Memorandum of Understanding (MoU) with the state government to this effect on Thursday. The MoU outlines an approved Phase 1 investment of Rs 135 crore, scaling up to Rs 400 crore over five years, Dabur India said in a statement.

Modi, Macron fly together to Marseille, open new Indian consulate

Modi, Macron fly together to Marseille, open new Indian consulate

Rediff.com12 Feb 2025

Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.

India Will Always Be Grateful To Osamu Suzuki

India Will Always Be Grateful To Osamu Suzuki

Rediff.com7 Jan 2025

'Without his vision and foresight, his willingness to take a risk that no one else was willing to take, his deep and abiding love for India, the Indian automobile industry could not have become the powerhouse that it has become.'

Won't allow Lankan soil to be used against India: Prez Disanayaka

Won't allow Lankan soil to be used against India: Prez Disanayaka

Rediff.com17 Dec 2024

Sri Lankan President Anura Kumara Disanayaka assured Prime Minister Narendra Modi that his country's soil will not be used against India's interests, addressing concerns over China's growing influence in Colombo. The two leaders discussed a range of issues, including a defense cooperation agreement, energy ties, and debt restructuring. They also agreed to initiate a ferry service between Rameshwaram and Talaimannar, and to adopt a "humanitarian approach" to the fishermen issue.

Yuvraj Takes Builder To Court

Yuvraj Takes Builder To Court

Rediff.com10 Jul 2024

The cricketer said a sale agreement was executed between him and his mother on one side and the builder on the other for the purchase of an apartment for over Rs 14 crore in the real estate project initiated by Brilliant Etoile Pvt Ltd in Hauz Khas under the name 'Sky Mansion' and displaying the name 'Risland'.

Space Kidz Is Planning A Moon Mission

Space Kidz Is Planning A Moon Mission

Rediff.com17 Dec 2024

If it becomes a reality, the Chennai-based company will become the first private player from India to conduct such a mission to the lunar surface.

Shinde had invited Vedanta-Foxconn to sign MoU on July 29

Shinde had invited Vedanta-Foxconn to sign MoU on July 29

Rediff.com16 Sep 2022

The Vedanta team held a meeting with Shinde, Fadnavis and top officials on July 26, he said.

How Can India Deal With Trump 2.0?

How Can India Deal With Trump 2.0?

Rediff.com21 Jan 2025

It would be a challenge to India's policy makers how to deal with Trump so that mutual economic growth remains sustained and mutual understanding on global issues are not hampered, observes Dr Rajaram Panda.

Bollywood Heads To Goa

Bollywood Heads To Goa

Rediff.com21 Nov 2024

The 55th International Film Festival of India kicked off in India's party venue, Goa, and the stars added to the dazzle.

Modi first foreign head to get Bhutan's highest civilian honour

Modi first foreign head to get Bhutan's highest civilian honour

Rediff.com22 Mar 2024

Prime Minister Narendra Modi on Friday received Bhutan's highest civilian award, the 'Order of the Druk Gyalpo', making him the first foreign Head of the Government to receive the honour.

Maharashtra asks Centre to raise non-creamy layer ceiling to Rs 15 lakh

Maharashtra asks Centre to raise non-creamy layer ceiling to Rs 15 lakh

Rediff.com10 Oct 2024

The ordinance will be tabled in the next session of the legislature, it said, adding that 27 posts were approved for the commission.

BCCI, Emirates board sign MoU to boost cricketing ties

BCCI, Emirates board sign MoU to boost cricketing ties

Rediff.com19 Sep 2020

The BCCI and Emirates Cricket Board (ECB) on Saturday signed a Memorandum of Understanding (MoU) and hosting agreement to boost cricketing ties between the two countries.

Air India, TASL to invest Rs 2,300 crore in Karnataka

Air India, TASL to invest Rs 2,300 crore in Karnataka

Rediff.com20 Feb 2024

Air India and Tata Advanced Systems Ltd (TASL), a player in aerospace and defence solutions, on Monday signed a memorandum of understanding (MoU) with the Karnataka government for an investment of ~2,300 crore in the state's aerospace and defence sector. The strategic move is expected to enhance Karnataka's aerospace ecosystem and help create over 1,600 direct and 25,000 indirect jobs in the state.

Buzz: Raina signs MoU to start academy

Buzz: Raina signs MoU to start academy

Rediff.com24 Nov 2020

New Zealand's highest Test and one-day runs scorer, Taylor should achieve another milestone this season by becoming the most country's most capped player.

M&M, Adani Total Energies join hands to set up EV charging infra

M&M, Adani Total Energies join hands to set up EV charging infra

Rediff.com21 Mar 2024

Mahindra & Mahindra on Thursday said it has tied up with a unit of Adani Total Gas to establish electric vehicle charging infrastructure across the country. The auto major and Adani Total Energies E-Mobility Ltd (ATEL) have inked a memorandum of understanding (MoU) in this regard. The MoU sets a roadmap for the creation of an expansive EV charging infrastructure across the country, it added.

Shamsi opts out of CSA central contract to pursue T20 franchise cricket

Shamsi opts out of CSA central contract to pursue T20 franchise cricket

Rediff.com3 Oct 2024

West Indies award 9 cricketers historic multi-year contracts across men's, women's teams

Will Modi meet Trump in US? Can't confirm yet, says govt

Will Modi meet Trump in US? Can't confirm yet, says govt

Rediff.com19 Sep 2024

Prime Minister Narendra Modi and US President Joe Biden will have a substantive engagement on the sidelines of the Quad summit on Saturday, and the two sides will sign at least two agreements following the talks.

Infosys loses $1.5 bn mega contract; client terminates deal

Infosys loses $1.5 bn mega contract; client terminates deal

Rediff.com24 Dec 2023

IT services firm Infosys has said that a global company has decided to terminate a multi-year contract worth $1.5 billion with it. On September 14, 2023, Infosys announced a pact with a global company to offer enhanced digital experiences alongside modernisation and business operations services leveraging Infosys platforms and AI (Artificial Intelligence) solutions. In a BSE filing on Saturday, Infosys said the global company has now elected to terminate the Memorandum of Understanding (MoU) and the parties will not be pursuing the master agreement."