News for 'PVT'

Illegal construction being removed at Rane's bungalow

Illegal construction being removed at Rane's bungalow

Rediff.com17 Nov 2022

The removal of unauthorised construction at Union minister Narayan Rane's bungalow in Mumbai's Juhu area started on Thursday, a civic official confirmed.

'What happens when a Marathi manoos takes a loan'

'What happens when a Marathi manoos takes a loan'

Rediff.com4 Aug 2023

'He said the N D Studios wasn't functioning, shootings were not happening.'

PSBs will only lead bad bank, pvt banks also need to support: SBI

PSBs will only lead bad bank, pvt banks also need to support: SBI

Rediff.com6 May 2021

State-run lenders will take a lead in creation of the bad bank, but the sick asset resolution platform needs the support of private banks and other lenders to be successful, State Bank of India managing director Swaminathan J said on Thursday. If all lenders come on board, the National Asset Reconstruction Company (NARC) announced in the budget will be able to aggregate 100 per cent of a sick company's outstanding loans, which shall ultimately lead to better resolution of the asset quality stress for all. The government is yet to announce the specific contours of the NARC or the bad bank and has also only said that it is willing to provide some sovereign guarantee to help the platform.

Police find Nitin Desai's voice notes critical of creditor firm

Police find Nitin Desai's voice notes critical of creditor firm

Rediff.com3 Aug 2023

In one of these clips or voice notes, he is heard stating that his company could not come out of the financial crisis it was facing because of the procedure adopted by the financial services firm.

Tesla to make a significant investment in India: Elon Musk after meeting PM Modi

Tesla to make a significant investment in India: Elon Musk after meeting PM Modi

Rediff.com21 Jun 2023

Tesla Inc, the world's largest electric car producer, is looking to make a significant investment in India, said its chief Elon Musk, who saw India as holding more promise than any other large country around the globe. Musk, after meeting Prime Minister Narendra Modi, said he plans to visit India in 2024. "I am confident that Tesla will be in India and we will do so as soon as humanly possible," Musk told reporters after the meeting.

New Vice President Enclave to have bullet-proof windows, CPWD invites bids

New Vice President Enclave to have bullet-proof windows, CPWD invites bids

Rediff.com12 May 2023

The Central Public Works Department, a prime construction agency of the central government, said the bullet-proof window system of the selected bidder will be sent for testing at the forensic science lab in Gujarat's Gandhinagar.

Sisodia framed excise policy to generate illegal funds: ED

Sisodia framed excise policy to generate illegal funds: ED

Rediff.com31 May 2023

The now-scrapped Delhi Excise Policy 2021-22 was brought in by the Aam Aadmi Party leadership, specifically former excise minister Manish Sisodia, to 'continuously generate and channel illegal funds' to themselves, the Enforcement Directorate said in its latest chargesheet in this money laundering case.

SC refuses to interfere with HC order giving bail to ex-Mumbai top cop

SC refuses to interfere with HC order giving bail to ex-Mumbai top cop

Rediff.com8 May 2023

The Supreme Court on Monday refused to interfere with the Delhi high court verdict granting bail to former Mumbai Police Commissioner Sanjay Pandey in a money laundering case related to alleged illegal phone tapping and snooping of National Stock Exchange (NSE) employees.

ED issues fresh summons to Rahul Gandhi for June 13

ED issues fresh summons to Rahul Gandhi for June 13

Rediff.com3 Jun 2022

The case pertains to the ED probe into the alleged financial irregularities in the party-promoted Young Indian that owns the National Herald newspaper.

CBI's 2nd chargesheet in Delhi excise policy case targets AAP Goa funding

CBI's 2nd chargesheet in Delhi excise policy case targets AAP Goa funding

Rediff.com13 Jul 2023

The CBI has alleged that Singh had transferred funds through hawala channels to Chariot Media that was handling the AAP's publicity campaign during the Goa elections, the officials said.

Tatas get CCI nod to acquire 64.3% stake in BigBasket

Tatas get CCI nod to acquire 64.3% stake in BigBasket

Rediff.com29 Apr 2021

The Competition Commission of India has approved Tatas' proposal to acquire up to 64.3 per cent stake in BigBasket, a deal that will provide the diversified group a strong foothold in the fast-growing online grocery market.

Uzbek kids' death: Noida company loses manufacturing licence

Uzbek kids' death: Noida company loses manufacturing licence

Rediff.com23 Mar 2023

The manufacturing licence of Noida-based pharmaceutical firm Marion Biotech has been cancelled by the Uttar Pradesh authorities, according to officials.

Foxconn junks $19.5 bn Vedanta chip plan

Foxconn junks $19.5 bn Vedanta chip plan

Rediff.com10 Jul 2023

Taiwanese electronic contract manufacturer Foxconn on Monday said it has decided to pull out of semiconductor joint venture with Indian conglomerate Vedanta, according to a statement. Foxconn said it is "working to remove the Foxconn name from what now is a fully-owned entity of Vedanta". "Foxconn has no connection to the entity and efforts to keep its original name will cause confusion for future stakeholders," Hon Hai Technology group (Foxconn) said.

ED attaches jailed NCP leader Nawab Malik's multiple assets under PMLA

ED attaches jailed NCP leader Nawab Malik's multiple assets under PMLA

Rediff.com13 Apr 2022

The properties include Goawala compound and a commercial unit in Mumbai's suburban Kurla (West) 147.79-acre agricultural land located in Osmanabad district of Maharashtra and three flats in Kurla (West).

Can pvt hospitals take Ayushman rate for Covid, asks SC

Can pvt hospitals take Ayushman rate for Covid, asks SC

Rediff.com5 Jun 2020

The SC said it is not asking all the private hospitals to treat certain number of COVID-19 patients for free.

FEEDBACK Is LEARNING

FEEDBACK Is LEARNING

Rediff.com27 Jun 2022

Every time someone gives you feedback, ask yourself: What can I learn from this feedback?

Govt caps vax prices for pvt hospitals: Covishield Rs 780, Covaxin Rs 1,410

Govt caps vax prices for pvt hospitals: Covishield Rs 780, Covaxin Rs 1,410

Rediff.com8 Jun 2021

The government on Tuesday set the maximum price private hospitals can charge for the three COVID-19 vaccines currently available in the country -- Covishield Rs 780 per dose, Covaxin Rs 1,410 and Sputnik V Rs 1,145.

BMC to hire pvt doctors for treating COVID-19 patients

BMC to hire pvt doctors for treating COVID-19 patients

Rediff.com14 Apr 2020

According to the directive, doctors will be paid a monthly remuneration of Rs 1.5 lakh to Rs 2 lakh, depending on their qualification, for eight-hour duty everyday.

Maha cancels Johnson & Johnson's baby powder manufacturing licence

Maha cancels Johnson & Johnson's baby powder manufacturing licence

Rediff.com17 Sep 2022

Samples of the powder for babies did not conform to standard pH value during a laboratory test, the regulator said.

Delhi excise case: ED attaches Rs 72 cr worth assets of accused

Delhi excise case: ED attaches Rs 72 cr worth assets of accused

Rediff.com25 Jan 2023

Delhi deputy Chief Minister and AAP leader Manish Sisodia has been named as an accused in the case.

RBI panel plans to raise promoters cap to 26% in pvt banks

RBI panel plans to raise promoters cap to 26% in pvt banks

Rediff.com20 Nov 2020

An internal working group set up by the RBI has proposed to raise the cap on promoters' stake in private banks from the current 15 per cent to 26 per cent in 15 years. The group has also recommended that large corporate or industrial houses may be allowed as promoters of banks only after amendments to the Banking Regulation Act and strengthening of the supervisory mechanism for conglomerates, including consolidated supervision. The Reserve Bank of India had constituted the internal working group (IWG) on June 12, 2020, to review extant ownership guidelines and corporate structure for Indian private sector banks.

Adani's open offer for 26% stake in NDTV gets Sebi nod

Adani's open offer for 26% stake in NDTV gets Sebi nod

Rediff.com14 Nov 2022

Markets regulator Sebi has approved Adani Group's open offer to buy an additional 26 per cent stake in media firm New Delhi Television (NDTV) and the offer will commence on November 22. According to an update on Sebi's website on Monday, the regulator gave its final comments on the proposed Rs 492.81 crore-open offer on November 7. The offer will tentatively open on November 22 and close on December 5. The price fixed is Rs 294 per share, as per a recent regulatory filing by NDTV.

Covishield to be priced at Rs 400 to states; Rs 600 to pvt hospitals

Covishield to be priced at Rs 400 to states; Rs 600 to pvt hospitals

Rediff.com21 Apr 2021

SII said it will address the limited capacity by scaling up the vaccine production over the next two months.

Haryana clears bill to provide 75% quota to locals in pvt sector

Haryana clears bill to provide 75% quota to locals in pvt sector

Rediff.com6 Nov 2020

The Haryana State Employment of Local Candidates Bill, 2020 provides the quota for local people in private sector jobs that offer a salary of less than Rs 50,000 a month.

SBI, top pvt banks come together to rescue Yes Bank

SBI, top pvt banks come together to rescue Yes Bank

Rediff.com13 Mar 2020

The central bank is engaged with other financial institutions for investment as part of the scheme to resurrect Yes Bank under RBI imposed moratorium since March 5.

LIC mega IPO to hit the market in March, draft prospectus next week

LIC mega IPO to hit the market in March, draft prospectus next week

Rediff.com2 Feb 2022

The government is likely to file draft papers for the mega initial public offering of LIC with market regulator Sebi by next week, while a portion of the issue would be reserved for anchor investors, a top official said on Wednesday.

Indian man missing in Turkey quake found dead

Indian man missing in Turkey quake found dead

Rediff.com12 Feb 2023

With his face crushed beyond recognition, Gaud was identified with a tattoo of the word 'Om' on one of his hands, his family said quoting Indian embassy officials.

Pvt sector to be allowed to build rockets: ISRO chief Sivan

Pvt sector to be allowed to build rockets: ISRO chief Sivan

Rediff.com25 Jun 2020

Sivan said the Indian National Space Promotion and Authorisation Centre (In-Space) has been created under the Department of Space as a separate vertical for taking independent decisions with respect to permitting and regulating space activities of the private sector.

ICICI fraud: Dhoot's plea against arrest rejected

ICICI fraud: Dhoot's plea against arrest rejected

Rediff.com5 Jan 2023

A special court here on Thursday rejected Videocon founder Venugopal Dhoot's plea which claimed that his arrest by the Central Bureau of Investigation in the alleged loan fraud involving former ICICI Bank CEO and MD Chanda Kochhar was illegal. The CBI court also rejected applications of Chanda Kochhar and her husband Deepak Kochhar for home food, beds, mattresses and chairs. The court directed jail authorities to provide them diet food in consultation with the medical officer.

ED to quiz Sena MP Sanjay Raut again on Wednesday in money laundering case

ED to quiz Sena MP Sanjay Raut again on Wednesday in money laundering case

Rediff.com20 Jul 2022

Raut has been asked to depose at the agency's regional office in Mumbai.

2G scam: HC asks CBI, ED, Raja and others to file submissions in appeals

2G scam: HC asks CBI, ED, Raja and others to file submissions in appeals

Rediff.com13 Apr 2023

Justice Dinesh Kumar Sharma said the parties shall file brief written submissions not exceeding five pages.

8 dead in Mizoram stone quarry collapse, search on for 4 missing

8 dead in Mizoram stone quarry collapse, search on for 4 missing

Rediff.com15 Nov 2022

Eight bodies have been recovered from the debris of a stone quarry that collapsed in south Mizoram's Hnahthial district on Monday, an official said Tuesday.

U'khand: Helicopter crashed within seconds after takeoff

U'khand: Helicopter crashed within seconds after takeoff

Rediff.com18 Oct 2022

The helicopter came to pieces as it crashed and went up in flames.

Videocon founder Dhoot arrested in ICICI Bank loan fraud case

Videocon founder Dhoot arrested in ICICI Bank loan fraud case

Rediff.com26 Dec 2022

The CBI on Monday arrested Videocon group founder Venugopal Dhoot in connection with the ICICI Bank loan fraud case, officials said. The 71-year-old Dhoot was arrested from Mumbai, nearly three days after former CEO and MD of the ICICI Bank Chanda Kochhar and her husband Deepak Kochhar were taken into custody by the CBI, they said.

CBI makes another arrest in Delhi excise policy case

CBI makes another arrest in Delhi excise policy case

Rediff.com10 Oct 2022

Abhishek Boinpally who was allegedly lobbying for certain liquor businessmen based in southern India was called for questioning on Sunday.

3 employees of Noida pharma arrested in Uzbek cough syrup death case

3 employees of Noida pharma arrested in Uzbek cough syrup death case

Rediff.com3 Mar 2023

Three employees of a Noida-based pharmaceutical firm, whose cough syrup is alleged to have led to the death of 18 children in Uzbekistan last year, were arrested on charges of manufacturing and sale of adulterated drugs, officials said.

Mumbai police book BJP leader Mohit Kamboj, court grants him protection

Mumbai police book BJP leader Mohit Kamboj, court grants him protection

Rediff.com1 Jun 2022

The Mumbai police have registered an FIR against former city Bharatiya Janata Party youth wing president Mohit Kamboj and two others on charges of cheating, an official said on Wednesday.

Land-for-jobs 'scam': Tejashwi questioned by CBI; ED quizzes sister Misa

Land-for-jobs 'scam': Tejashwi questioned by CBI; ED quizzes sister Misa

Rediff.com25 Mar 2023

Both the central agencies had recently initiated action in the case, with the CBI questioning Lalu Prasad and his wife and former Bihar chief minister Rabri Devi and the ED carrying out raids against the RJD chief's family.

Govt asks pvt schools to reconsider fee hike; Delhi bars increase

Govt asks pvt schools to reconsider fee hike; Delhi bars increase

Rediff.com17 Apr 2020

While the Delhi government announced that schools will not be allowed to hike fees during the lockdown period and only tuition fee will have to be paid, Maharashtra has said parents can lodge complaints with district education officers if schools demanded fees. The Gujarat government had on Monday announced that private schools will not hike fees for an year. The West Bengal government has appealed to schools to refrain from hiking fees.

HC grants bail to Mumbai ex-top cop Sanjay Pandey in NSE phone-tapping case

HC grants bail to Mumbai ex-top cop Sanjay Pandey in NSE phone-tapping case

Rediff.com8 Dec 2022

The Delhi high court on Thursday granted bail to former Mumbai police commissioner Sanjay Pandey in connection with a money-laundering case related to alleged illegal phone-tapping and snooping of National Stock Exchange (NSE) employees.