News for 'PVT'

Vijay Deverakonda Starts A New Film With Sreeleela

Vijay Deverakonda Starts A New Film With Sreeleela

Rediff.com4 May 2023

Sreeleela will star in the actor's 12th film, tentatively titled VD 12, and he posted pictures from its pooja ceremony.

Centre alerts pvt sector to be ready to handle Omicron threat

Centre alerts pvt sector to be ready to handle Omicron threat

Rediff.com24 Dec 2021

In view of Omicron variant of COVID-19, the Centre on Friday urged the private health sector to be ready as it has to play an important role in managing the pandemic.

Romila, Naseer, Dreze among 750 citizens to come out in support of NewsClick

Romila, Naseer, Dreze among 750 citizens to come out in support of NewsClick

Rediff.com16 Aug 2023

More than 750 eminent citizens, including historian Romila Thapar, economist Jean Dreze and actor Naseeruddin Shah, on Wednesday came out in support of a news website which is alleged to have received dubious funds to spread Chinese propaganda.

Tax raids find Rs 225 cr, Modi vows to return money 'looted from public'

Tax raids find Rs 225 cr, Modi vows to return money 'looted from public'

Rediff.com9 Dec 2023

With the Income Tax department recovering over Rs 225 crore cash during a series of raids on an Odisha-based distillery group on charges of tax evasion, Prime Minister Narendra Modi on Friday assured the people that the money looted from the public will be returned.

Former Barclays banker Ashok Vaswani to head Kotak Mahindra Bank

Former Barclays banker Ashok Vaswani to head Kotak Mahindra Bank

Rediff.com23 Oct 2023

Ashok Vaswani, a banker with more than three-and-half decades experience in building and scaling up businesses across consumer and corporate banking and payments, will be the next managing director (MD) and chief executive officer (CEO) of Kotak Mahindra Bank. Last week, the Reserve Bank of India (RBI) had given its approval to Vaswani's appointment. Vaswani is currently President of Pagaya Technologies, a US-Israeli artificial intelligence (AI) fintech firm, which he joined in June 2022.

RBI rejects 3 small finance banks' applications

RBI rejects 3 small finance banks' applications

Rediff.com4 Jul 2023

The Reserve Bank of India has rejected three applications, including that of West End Housing Finance, for setting up small finance banks. These applications were found not suitable for granting of in-principle approval to set up small finance banks, it said in a statement on Tuesday. RBI had received about a dozen applications to set up banks under the guidelines for 'on tap' Licensing of Universal Banks and Small Finance Banks (SFBs).

Why Israeli police are in touch with a Kerala town

Why Israeli police are in touch with a Kerala town

Rediff.com19 Oct 2023

Hundreds of tailors from a local apparel unit in Kannur have been working tirelessly to get the uniform shirts ready for the Israel police force for the past eight years.

Pvt centres allowed to charge up to Rs 150 above covid vaccine price

Pvt centres allowed to charge up to Rs 150 above covid vaccine price

Rediff.com9 Apr 2022

The centre informed that no fresh registration would be required for the precaution dose on the CoWIN.

CBI files charge sheet against Rana Kapoor, Gautam Thapar in Yes Bank fraud

CBI files charge sheet against Rana Kapoor, Gautam Thapar in Yes Bank fraud

Rediff.com19 Sep 2022

The CBI has filed a charge sheet against former Chief Executive and Managing Director of Yes Bank Rana Kapoor as well as Avantha Group promoter Gautam Thapar in the Rs 466.51 crore alleged fraud in the bank, officials said. Kapoor was not named a suspect in the FIR registered on June 2 last year in the case. His role, however, surfaced during the investigation, they said.

SC agrees to hear CBI's plea against Chanda Kochhar

SC agrees to hear CBI's plea against Chanda Kochhar

Rediff.com16 Oct 2023

The Supreme Court on Monday sought response of former ICICI Bank CEO-cum-MD Chanda Kochhar and her businessman husband Deepak Kochhar on a plea of the CBI challenging the interim bail granted to them by the Bombay high court in a loan fraud case. A bench of Justices Aniruddha Bose and Bela M Trivedi issued notice on the plea of the CBI and sought the response of the couple in three weeks.

Punjab govt asks pvt hospitals to return vaccine stock

Punjab govt asks pvt hospitals to return vaccine stock

Rediff.com5 Jun 2021

Under flak from the opposition for 'diverting' Covid vaccines to private hospitals to make a profit, the Punjab government on Friday asked them to return all stock meant for the 18-44 age group.

Govt to bring bill to ban pvt cryptos in winter session

Govt to bring bill to ban pvt cryptos in winter session

Rediff.com23 Nov 2021

Currently, there is no regulation or any ban on the use of cryptocurrencies in the country.

How to Apply For Global Scholarship Program AIS 2023

How to Apply For Global Scholarship Program AIS 2023

Rediff.com13 Apr 2023

Selected candidates will receive an annual scholarship award for up to two years for any subject and any college or university across the world.

Tunnel rescue: Vertical boring underway, here's what happens now

Tunnel rescue: Vertical boring underway, here's what happens now

Rediff.com26 Nov 2023

The vertical approach was one of the at least five options on which preparatory work had begun some days back, as anxiety mounted over the fate of the men trapped in the under-construction tunnel on Uttarakhand's Char Dham route.

ED raids BYJU's CEO, seizes 'incriminating material'

ED raids BYJU's CEO, seizes 'incriminating material'

Rediff.com29 Apr 2023

The Enforcement Directorate on Saturday said it has searched the Bengaluru-located office and residential premises of Edtech major BYJU's and its CEO and co-founder Raveendran Byju and seized 'incriminating' documents and digital data as part of a foreign exchange violation probe.

'My life has been a constant battle'

'My life has been a constant battle'

Rediff.com2 Oct 2023

Guneet Monga came to Mumbai at 21 and went on to carve a successful career as a film producer, winning an Oscar this year!

CBI draws flak for not objecting to Chanda Kochhar, husband's interim bail

CBI draws flak for not objecting to Chanda Kochhar, husband's interim bail

Rediff.com10 Oct 2023

The Supreme Court on Tuesday questioned the CBI over not objecting to repeated extension of the two-week interim bail granted in January this year to former ICICI Bank CEO-cum-MD Chanda Kochhar and her businessman husband Deepak Kochhar in a loan fraud case. A bench of Justices Aniruddha Bose and Bela M Trivedi asked Additional Solicitor General SV Raju, appearing for the CBI, as to why the probe agency did not resist repeated extension of interim bail granted to them by the Bombay high court on January 9. "This order is of January 9 and interim bail was granted for only two weeks. Why have you not resisted? Why are you permitting it to continue for such a long period?

Teacher job scam: ED quizzes TMC's Abhishek Banerjee for 9 hours

Teacher job scam: ED quizzes TMC's Abhishek Banerjee for 9 hours

Rediff.com14 Sep 2023

Soon after coming out of the ED office in Kolkata, Banerjee said the interrogation was an effort to prevent him from participating in the INDIA meet and a testimony to the vital role TMC is playing in forging the opposition unity.

Future Retail's RP moves tribunal against Biyani, others

Future Retail's RP moves tribunal against Biyani, others

Rediff.com17 Aug 2023

The Resolution Professional (RP) of Future Retail Ltd (FRL) has filed an application before the NCLT against Kishore Biyani, his brother Rakesh Biyani and eight other entities alleging their involvement in a "fraudulent transaction" in the company. This application "has been filed pursuant to the findings in the report received from Nangia & Co. LLP, which was appointed as 'Transaction Review Auditor' by the RP," said a regulatory filing from Future Retail Ltd (FRL). The Transaction Review Auditor was to assist RP in his duties and the determination, wherein a transaction has been reported under Section 66 of the Code for adjudication by the NCLT.

'I've Rs 5 lakh to invest. Buy MFs Or Stocks?'

'I've Rs 5 lakh to invest. Buy MFs Or Stocks?'

Rediff.com22 Jan 2024

rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.

Future Retail insolvency process: 48 cos selected as eligible prospective bidders

Future Retail insolvency process: 48 cos selected as eligible prospective bidders

Rediff.com24 Apr 2023

As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani group, are in the final list of eligible prospective resolution applicants for acquiring debt-ridden Future Retail Ltd. The Resolution Professional of Future Retail Ltd (FRL), which is currently going through an insolvency resolution process, on Monday came out with the final list of 'Eligible Prospective Resolution Applicants'. On April 10, FRL's RP updated a list of 49 companies, which had submitted Expressions of Interest (EoIs) after the company's lenders decided to invite fresh bids after dividing its assets into clusters.

India's Untold Nepal Stories

India's Untold Nepal Stories

Rediff.com11 Mar 2024

In 2017, a retired R&AW officer conveyed that Uttar Pradesh Chief Minister Yogi Adityanath was keen to get monarchy restored in Nepal and suggested that I support these efforts.

Himanta's wife files Rs 10cr defamation suit against Gaurav Gogoi

Himanta's wife files Rs 10cr defamation suit against Gaurav Gogoi

Rediff.com23 Sep 2023

Riniki Bhuyan Sarma, the wife of Assam Chief Minister Himanta Biswa Sarma, has filed a Rs 10 crore defamation suit against Congress MP Gaurav Gogoi for 'false' allegations of irregularities in a food processing project.

Raigad police quiz Edelweiss MD, officials for 8 hours

Raigad police quiz Edelweiss MD, officials for 8 hours

Rediff.com8 Aug 2023

ECL Finance Company MD and three officials were on Tuesday quizzed for nearly eight hours by the Raigad police in Maharashtra probing the alleged suicide of film art director Nitin Desai, an official said.

Haryana moves SC against HC's stay order on pvt sector job quota law

Haryana moves SC against HC's stay order on pvt sector job quota law

Rediff.com4 Feb 2022

A bench headed by Chief Justice N V Ramana took note of the submissions of Solicitor General Tushar Mehta, appearing for the state government, and agreed to list the appeal of the state government on placing the order of the high court on its record.

Loan Default: Nitin Desai Lost Control Of Studio

Loan Default: Nitin Desai Lost Control Of Studio

Rediff.com2 Aug 2023

The financial creditor had approached district authorities in Raigad to take possession of ND Studio a few months ago.

Govt approves Rs 357 crore for Foxconn under PLI for mobile phones

Govt approves Rs 357 crore for Foxconn under PLI for mobile phones

Rediff.com20 Dec 2022

The government has approved Rs 357.17 crore for Apple's vendor Foxconn India and Rs 58.29 crore for Dixon Technologies subsidiary Padget Electronics under the Production-Linked Incentive scheme for mobile phones. This is the first time the government has cleared an incentive of a global company engaged in electronics manufacturing in the country. "Foxconn Hon Hai Technology India Mega Development Pvt. Ltd is the first global company that has been approved under the target segment 'Mobile Phones' (in the category of invoice value of Rs 15,000 and above) to receive incentive under mobile manufacturing for the period 1 August 2021-31 March 2022 based on its incremental investments and sales figures.

ED raids Delhi minister Satyendar Jain's home, other premises

ED raids Delhi minister Satyendar Jain's home, other premises

Rediff.com6 Jun 2022

The Enforcement Directorate on Monday conducted raids against arrested Delhi minister Satyendar Jain as part of a money-laundering probe linked to an alleged hawala dealings case being conducted against him, officials said.

ED moves Delhi HC for vacating interim protection to NewsClick, promoter

ED moves Delhi HC for vacating interim protection to NewsClick, promoter

Rediff.com11 Aug 2023

The HC had on July 29, 2021 extended the interim protection to the portal, represented through its holding company PPK NewsClick Studio Pvt. Ltd., and Purkayastha, uptill the next date of hearing.

Only way forward is...: Cong points to Adani's 'China links'

Only way forward is...: Cong points to Adani's 'China links'

Rediff.com14 Apr 2023

Congress general secretary in-charge communications Jairam Ramesh said that in the 'Hum Adani ke Hain Kaun (HAHK)' series under which the Congress posed questions to Prime Minister Narendra Modi, the party had asked him about his "favourite business group's links with the Chinese citizen Chang Chung-Ling (aka Lingo Chang) who has been a director in several Adani Group companies along with Vinod Adani and also made an appearance in the Panama Papers".

49 firms including RIL, Adani & Jindal Power keen to buy Future Retail

49 firms including RIL, Adani & Jindal Power keen to buy Future Retail

Rediff.com10 Apr 2023

As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process. Reliance Retail Ventures Ltd, which is the holding company for retail operations of RIL and April Moon Retail Private Ltd, a joint venture between Adani Airport holdings and Flemingo group have again submitted their EOI, after the lenders of Future Retail decided to invite fresh bids after dividing FRL's assets into clusters. According to an update from FRL's Resolution Professional, the 49 players would be permitted to submit "resolution plan(s) for any/all such Clusters under Option II".

How the private sector chipped in for Chandrayaan-3

How the private sector chipped in for Chandrayaan-3

Rediff.com25 Aug 2023

A number of private companies have contributed to the development of ISRO's Chandrayaan-3 spacecraft which successfully landed near the south pole of the Moon on Wednesday evening.

Navy Tests Ship-Launched BrahMos Missile

Navy Tests Ship-Launched BrahMos Missile

Rediff.com6 Mar 2023

In a boost to the Aatmanirbhar Bharat campaign, the Indian Navy on Sunday successfully test-fired the ship-launched version of the BrahMos supersonic missile in the Arabian Sea.

CCI gives conditional nod to Sony-Zee merger deal

CCI gives conditional nod to Sony-Zee merger deal

Rediff.com4 Oct 2022

The Competition Commission of India on Tuesday approved with certain conditions the mega-merger deal between media groups Sony and Zee. In a tweet, the watchdog said it has cleared the deal with certain modifications. The proposed merger was announced in September last year. CCI said it has approved the "amalgamation of Zee Entertainment Enterprises Limited (ZEE) and Bangla Entertainment Private Limited (BEPL) with Culver Max Entertainment Private Limited (CME), with certain modifications".

DPC is now Ratnagiri Gas and Power Pvt Ltd

DPC is now Ratnagiri Gas and Power Pvt Ltd

Rediff.com7 Jul 2005

The special purpose vehicle floated by GAIL(India) Ltd and National Thermal Power Corporation to revive the 2,184 MW Dabhol power plant has been named 'Ratnagiri Gas and Power Pvt Ltd'.

Air India-Vistara merger deal under CCI scanner

Air India-Vistara merger deal under CCI scanner

Rediff.com27 Jun 2023

Competition Commission of India (CCI) has issued a show cause notice to the parties with respect to the proposed merger of Tata Group airlines Vistara and Air India, according to a source. The fair trade watchdog issues notice asking why an investigation should not be initiated only after forming a prima-facie opinion that the deal could adversely impact competition in the marketplace. Vistara and Air India are the two full-service carriers that are part of the Tata Group, and Singapore Airlines holds a 49 per cent stake in Vistara.

ED attaches assets worth Rs 65 cr of sugar mill linked to Ajit Pawar

ED attaches assets worth Rs 65 cr of sugar mill linked to Ajit Pawar

Rediff.com1 Jul 2021

The ED said in a statement that it has attached the properties including land, building and structure and plant and machinery of Jarandeshwar Sahkari Sugar Karkhana at Chimangaon, Koregaon, Satara worth Rs 65,75,00,000 under the provisions of the Prevention of Money Laundering in a case related to Maharashtra State Co-operative Bank (MSCB).

Auditor Deloitte, 3 board members sever ties with Byju's

Auditor Deloitte, 3 board members sever ties with Byju's

Rediff.com22 Jun 2023

Audit firm Deloitte has resigned as auditors of Byju's citing a delay in submission of financial statements while almost simultaneously three of the edtech firm's board members have quit in what is being seen as a deepening crisis at the decacorn. Deloitte Haskins & Sells, which was slated to audit Byju's until 2025, stepped down with "immediate effect" mid-term stating that "the financial statements of the company are long delayed. In a letter sent to the board of Think & Learn Pvt Ltd (known as Byju's), Deloitte said it has not been able to start an audit due to the delays and that will have a "significant impact" on its ability to "plan, design perform and complete" the audit as per standards.

ED quizzes Tejashwi Yadav for around 9 hours in land-for-jobs case

ED quizzes Tejashwi Yadav for around 9 hours in land-for-jobs case

Rediff.com11 Apr 2023

The alleged scam pertains to the period when Lalu Prasad was the railway minister in the UPA-1 government at the Centre.

Markets leap to new highs helped by gains in pvt banks

Markets leap to new highs helped by gains in pvt banks

Rediff.com15 Jun 2021

Asian Paints was the top gainer in the Sensex pack, rising around 3 per cent, followed by Axis Bank, ICICI Bank, Hindustan Unilever, IndusInd Bank, Infosys and HDFC Bank.