News for 'National Investment Board'

Meet the man likely to be Modi's personal secretary

Meet the man likely to be Modi's personal secretary

Rediff.com22 May 2014

A 1988 batch Indian Administrative Service of Gujarat cadre, Arvind Sharma is set to be Prime Minister-designate Narendra Modi's personal secretary. Sharma was additional principal secretary to the Modi when he was chief minister of Gujarat, and has been with him since 2001.

Post Karvy, legal shadow cast over collateral business

Post Karvy, legal shadow cast over collateral business

Rediff.com16 Dec 2019

In the aftermath of the Karvy incident, lending against third-party collateral facility raises questions over regulations concerning banks and brokers which are at loggerheads. While Sebi and NSDL have ordered the transfer of securities, which were kept as collateral, lenders followed the old business model of sanctioning loan against shares and allegedly overlooked certain parameters. Legal experts feel that this could lead to a collapse of the loan-against-shares market as it raises questions over the sanctity of the pledged securities.

G20 action plan praises India for reforms, inclusive growth

G20 action plan praises India for reforms, inclusive growth

Rediff.com9 Jul 2017

It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.

'PM Modi's healthcare plan is a welcome but interim measure'

'PM Modi's healthcare plan is a welcome but interim measure'

Rediff.com14 Feb 2018

There is a large population standing outside the coverage of primary healthcare, says Praveen Gupta of Raheja QBE.

Ronnie Screwvala bets big on non-cricket sports

Ronnie Screwvala bets big on non-cricket sports

Rediff.com8 Feb 2019

The growing interest in alternative sports is encouraging Ronnie Screwvala to extend the U Mumba brand from kabaddi to football and volleyball.

Pay up, make peace: Promoters make one-time settlements with banks on loans

Pay up, make peace: Promoters make one-time settlements with banks on loans

Rediff.com5 Apr 2019

Lenders say settlements will cross over 100 accounts in the March quarter.

Take our money, not FDI: Rail unions to government

Take our money, not FDI: Rail unions to government

Rediff.com24 Nov 2014

The two major railway unions have proposed to the government an unprecedented alternative to privatisation or inviting foreign investment, to help raise funds and improve revenue.

Freight hike won't affect prices of essential items: Prabhu

Freight hike won't affect prices of essential items: Prabhu

Rediff.com26 Feb 2015

There would be a marginal 3% increase in freight rates.

Govt wants rate cuts to revive growth

Govt wants rate cuts to revive growth

Rediff.com25 Sep 2017

Lower interest rates needed to boost manufacturing, officials say.

Why investors are gloomy about emerging markets

Why investors are gloomy about emerging markets

Rediff.com16 Jan 2014

Investors have another reason to wrinkle their noses at emerging economies - fading labour productivity.

Cricket Buzz: NZ name spin quartet for Sri Lanka tour

Cricket Buzz: NZ name spin quartet for Sri Lanka tour

Rediff.com29 Jul 2019

With this win, Australia have now gained a 12-2 lead in the series. The team had already secured the Ashes in the first T20I.

PM's vision for gas-based economy: 10K CNG pumps, 2 cr household connections

PM's vision for gas-based economy: 10K CNG pumps, 2 cr household connections

Rediff.com22 Nov 2018

Modi said the push towards a gas-based economy where the share of environment-friendly fuel in the energy basket will be increased from 6.2 per cent to 15 per cent by 2030, will create lakhs of jobs and help meet India's COP-21 commitment of cutting emission intensity by 33-35 per cent.

India must have a future in Electronics

India must have a future in Electronics

Rediff.com19 Jul 2019

'It is in electronics that the gap between where we are and where we need to be is most obvious and most persistent.' 'It is not only a national security issue, but also a commercial issue,' argues Rajeev Srinivasan.

Growth oriented, far-sighted Budget has impressed bull market

Growth oriented, far-sighted Budget has impressed bull market

Rediff.com2 Mar 2015

Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget

Cloud gathers over AirAsia's India plans

Cloud gathers over AirAsia's India plans

Rediff.com18 Sep 2013

The bench of Chief Justice N V Ramana and Justice Pradeep Nandrajog issued notices to the Centre, Foreign Investment Promotion Board and Commerce and Civil Aviation ministries and sought their responses by October 30.

After 105 days, Chidambaram walks out of Tihar

After 105 days, Chidambaram walks out of Tihar

Rediff.com4 Dec 2019

"The fact is that after 106 days of pre-trial incarceration there is not a single charge framed against me as I speak now," said Chidambaram, who is expected to attend the Rajya Sabha proceedings on Thursday.

Government to build 13 new expressways

Government to build 13 new expressways

Rediff.com26 May 2017

'Our target is to award Rs 25 lakh crore worth of projects that would result in creating 25 million jobs'

Budget 2017 moves the Indian economy backwards, not forwards

Budget 2017 moves the Indian economy backwards, not forwards

Rediff.com20 Feb 2017

Mihir S Sharma outlines why this year's Union Budget does not respond to the needs of India's economy, or attempt to frame the economy's future.

Football Focus: United's Young to join Inter Milan?

Football Focus: United's Young to join Inter Milan?

Rediff.com17 Jan 2020

News of all that transpired on and off the football field.

Now, call goes out for a Jain stock index

Now, call goes out for a Jain stock index

Rediff.com21 Aug 2014

On the lines of Shariah-compliant products, intermediaries ask exchanges to consider investment benchmark.

Rajya Sabha clears long-pending Insurance Bill

Rajya Sabha clears long-pending Insurance Bill

Rediff.com12 Mar 2015

Foreign investment cap in insurance sector raised to 49 per cent.

CAG faults tax avoidance pacts

CAG faults tax avoidance pacts

Rediff.com9 May 2005

Comptroller and Auditor General has pulled up the finance ministry for flaws in double taxation avoidance agreements

Trump leaves for maiden India visit, calls Modi a 'friend'

Trump leaves for maiden India visit, calls Modi a 'friend'

Rediff.com23 Feb 2020

Trump is accompanied by First Lady Melania, daughter Ivanka, son-in-law Jared Kushner and the top brass of his administration.

ZEE's Subhash Chandra bets on white-label ATMs

ZEE's Subhash Chandra bets on white-label ATMs

Rediff.com21 Jan 2015

It is likely he will rope in an international ATM manufacturer as a strategic partner with equity stake.

Why India has failed to deal with bad loans

Why India has failed to deal with bad loans

Rediff.com29 Mar 2016

The problem of stressed assets needs to be addressed with effective recovery.

Walmart, Tesco seek assurance on non-reversal of FDI policy

Walmart, Tesco seek assurance on non-reversal of FDI policy

Rediff.com20 Jun 2013

Bentonville-based Walmart has also raised apprehensions about the ongoing probe by investigating agency Enforcement Directorate, said an internal note of the Department of Industrial Policy and Promotion.

Vodafone India stake sellers liable to pay capital gains tax

Vodafone India stake sellers liable to pay capital gains tax

Rediff.com4 Nov 2013

The company will spend Rs 10,141 crore to buy 15.5 per cent stake from minority investors.

Budget is an exercise in hiding bad government finances

Budget is an exercise in hiding bad government finances

Rediff.com18 Jul 2019

'No Budget has so far has addressed the issue of the government's abysmal productivity of capital spending, improving which will be the big game changer. 'But, the government's tight lock on businesses, banks, education, and even essential services like transportation and large parts of infrastructure and healthcare is destroying capital year after year,' points out Debashis Basu.

3 factors robbing the cream off dairy farmers' lives

3 factors robbing the cream off dairy farmers' lives

Rediff.com15 Dec 2018

Cheap milk prices, rising fodder cost and the difficulties in buying new cattle and selling old ones on account of cow vigilantism have cast a triple shadow on this sunshine sector in Indian agriculture, reports Sanjeeb Mukherjee.

Bhagwat's message to Modi

Bhagwat's message to Modi

Rediff.com22 Oct 2019

'By holding forth on Swadeshi economics, Bhagwat is showing his intent to fight back,' says Shekhar Gupta.

Unwelcome in India. Modi's message to foreign investors!

Unwelcome in India. Modi's message to foreign investors!

Rediff.com19 Sep 2016

One of the biggest ways in which recent government actions have been seen as investor-unfriendly is New Delhi's decision to unilaterally revisit almost every Bilateral Investment Treaty it has signed with other countries, says Mihir S Sharma.

Many hits, some misses by Sebi under U K Sinha

Many hits, some misses by Sebi under U K Sinha

Rediff.com15 Feb 2017

The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.

'In coming months, mutual fund industry will be stressed'

'In coming months, mutual fund industry will be stressed'

Rediff.com26 Jul 2019

'MFs have a combined exposure of Rs 3.2 lakh crore to NBFCs, out of which Rs 1.1 lakh crore matures by September 2019.'

MCX says it has no exposure to crisis-hit NSEL

MCX says it has no exposure to crisis-hit NSEL

Rediff.com17 Aug 2013

MCX said it has no exposure to crisis-hit NSEL, which has to settle dues worth Rs 5,600 crore to investors after it suspended trading.

Mistakes that retail investors make

Mistakes that retail investors make

Rediff.com30 Sep 2017

Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.

Chidambaram gets bail, but ED custody to continue

Chidambaram gets bail, but ED custody to continue

Rediff.com22 Oct 2019

Setting aside the Delhi high court's September 30 verdict denying bail to Chidambaram, the apex court said he is neither a "flight risk" nor there is a possibility of "his abscondence from the trial". Chidambaram had moved the apex court challenging the high court verdict.

COVID-19 can reset wrongs done to invisible millions

COVID-19 can reset wrongs done to invisible millions

Rediff.com23 Jun 2020

'The Modi government must create conditions to integrate millions into the rural economy as many migrants are certainly not going to return to live an undignified life,' notes Ramesh Menon.

Jet-Etihad deal probe may be closed

Jet-Etihad deal probe may be closed

Rediff.com26 Sep 2013

The Civil Aviation Ministry has submitted replies to the CVC on a series of allegations raised by Nishikant Dubey against the deal and clarified all concerns raised by him, official sources said.

17 US states, tech giants sue against new visa rule

17 US states, tech giants sue against new visa rule

Rediff.com14 Jul 2020

The lawsuit seeks an injunction to stop the entire rule from going into effect.

Good news for Indian IT workers; US L-1B visas are now easier to get

Good news for Indian IT workers; US L-1B visas are now easier to get

Rediff.com24 Mar 2015

Such a move, Obama argued would attract larger foreign direct investment to the US.