News for 'Port Trust'

Low profile, yet outspoken, Trai's Vaghela knows how to take tough calls

Low profile, yet outspoken, Trai's Vaghela knows how to take tough calls

Rediff.com8 Oct 2020

Vagela could not have reached this position if Narendra Modi, who'd known him from his chief minister days, had not backed the choice.

Oil spill in Bangladesh Sunderbans; India on high alert

Oil spill in Bangladesh Sunderbans; India on high alert

Rediff.com13 Dec 2014

An ecological disaster is in the making in the Sunderbans, the world's largest mangrove forest spanning across the Indo-Bangla border, after an oil tanker collided with an empty cargo vessel. The incident spilled nearly 350 tonnes of oil into the Sela river, threatening the survival of multiple species of flora and fauna.

After Mahinda's exit, Gotabaya talks to dissidents to end impasse

After Mahinda's exit, Gotabaya talks to dissidents to end impasse

Rediff.com11 May 2022

After nearly two days of political deadlock, the stakeholders are engaged in prolonged talks to try and appoint a successor to Mahinda Rajapaksa.

How India can become a hub of software products

How India can become a hub of software products

Rediff.com1 Mar 2019

Policy lays out a 5-year road map seeking creation of 3.5 mn jobs and promoting 10,000 start-ups.

'Urban Naxals' trying to enter Gujarat: Modi targets AAP

'Urban Naxals' trying to enter Gujarat: Modi targets AAP

Rediff.com10 Oct 2022

The Arvind Kejriwal-led AAP is trying to make inroads into BJP-ruled Gujarat where the assembly polls are due later this year.

Mumbaikars can travel in a seaplane soon!

Mumbaikars can travel in a seaplane soon!

Rediff.com19 Jan 2016

Mumbaikars will get the opportunity to travel in a unique, exciting and quick mode of transport between Juhu and Girgaum Chowpatty.

Mukesh Ambani's family in alleged black money net

Mukesh Ambani's family in alleged black money net

Rediff.com3 Jan 2020

The queries, sent in November, were mainly about Capital Investment Trust, which the I-T department said, was used for the purpose of transferring foreign funds comprising global depository receipts (GDRs) of the value of $400 million to two Indian entities - Reliance Utilities & Power (RUPL) and Reliance Port & Terminal (RPTL), owned by the Ambani family. A show-cause notice issued on March 29 to Ambani's wife Nita, and their three children.

India to get first dedicated rail freight corridor in December

India to get first dedicated rail freight corridor in December

Rediff.com29 Oct 2015

The double-line pilot section will be commissioned with an investment of Rs 1,000 crore.

India joins 11 nations in another US-led China-centric group

India joins 11 nations in another US-led China-centric group

Rediff.com23 May 2022

India on Monday joined a US-led initiative to set up an Indo-Pacific Economic Framework to bind partner countries to achieve common goals, with Prime Minister Narendra Modi asserting that New Delhi will work with the stakeholders to make it an "inclusive and flexible" structure to pave the way for development, peace and prosperity in the region.

2nd key suspect behind attack on Hindus in B'desh arrested

2nd key suspect behind attack on Hindus in B'desh arrested

Rediff.com23 Oct 2021

At least 70 houses and shops of the Hindus were torched in attacks at Pirganj following Mandal's Facebook post on October 17.

Heavy rains, strong winds batter Mumbai; signage atop BSE damaged

Heavy rains, strong winds batter Mumbai; signage atop BSE damaged

Rediff.com6 Aug 2020

The Indian Meteorological Department, meanwhile, warned of intense spell of 30 to 50 mm rainfall per hour with strong winds in Mumbai and suburban areas.

Abu Dhabi sovereign fund first to get 100% tax exemption in infra

Abu Dhabi sovereign fund first to get 100% tax exemption in infra

Rediff.com4 Nov 2020

The government, under the Finance Act, 2020, had allowed tax exemption for SWFs and pension funds in the case of incomes from investment in 34 key infrastructure sectors, including hotels, cold chains, educational institutions, hospitals, and gas pipelines.

Mumbai on high alert after men with arms seen near naval base

Mumbai on high alert after men with arms seen near naval base

Rediff.com22 Sep 2016

The navy, police, the anti-terror squad and the army are involved in a massive search operation. Rediff.com's Prasanna D Zore reports

Bains hits century to lift India U-19 to huge win over Zimbabwe

Bains hits century to lift India U-19 to huge win over Zimbabwe

Rediff.com29 Sep 2013

Opening batsman Ankush Bains blasted his way to a scintillating century as India inflicted a humiliating nine-wicket defeat on Zimbabwe to seal a berth in the final of the Quadrangular Under-19 One-day Series, in Visakhapatnam.

Netaji sent secret letter in 1939 seeking Soviet help to liberate India

Netaji sent secret letter in 1939 seeking Soviet help to liberate India

Rediff.com23 Jan 2022

Amiya Bose, freedom icon Subhas Bose's nephew, was tasked by his uncle to carry a secret letter seeking Soviet help in India's liberation, which was to be delivered to agents in Britain in October 1939, barely a month into the Second World War.

Must deal with radicalisation in Afghanistan: Modi to SCO

Must deal with radicalisation in Afghanistan: Modi to SCO

Rediff.com17 Sep 2021

Prime Minister Narendra Modi on Friday called for developing a template by the Shanghai Cooperation Organisation (SCO) to effectively deal with the challenges of extremism and radicalisation.

Why Mumbai's mayor has become a nurse again

Why Mumbai's mayor has become a nurse again

Rediff.com28 Apr 2020

'It is time to give back to this city that has given me so much.'

Debt exposure remains a big risk for infra king Gautam Adani

Debt exposure remains a big risk for infra king Gautam Adani

Rediff.com8 Sep 2020

Unlike RIL, the Adani group has not yet brought in any big stakeholders to refinance debt or expand.

For projects that are stuck, answer lies in 'file under submission'

For projects that are stuck, answer lies in 'file under submission'

Rediff.com2 Sep 2013

In many cases, all that is required is a final letter from the ministry

Fire breaks out at ONGC plant in Navi Mumbai; 4 killed

Fire breaks out at ONGC plant in Navi Mumbai; 4 killed

Rediff.com3 Sep 2019

The blaze erupted around 7 am in the gas processing plant of the ONGC located in Uran area of neighbouring Navi Mumbai, an official said.

Major Rajesh Adhikari's Supreme Sacrifice

Major Rajesh Adhikari's Supreme Sacrifice

Rediff.com15 Aug 2022

Major Adhikari was a man par excellence and had won our hearts. His supreme sacrifice for the nation shook us till the roots. A fascinating excerpt from Param Vir Chakra Captain (Honorary) Yogendra Singh Yadav's book, The Hero of Tiger Hill.

Adani, POSCO tie-up for new terminal in Aus to export coal

Adani, POSCO tie-up for new terminal in Aus to export coal

Rediff.com17 Dec 2014

Terminal Zero will be constructed at the port of Abbot Point near Bowen town, Queensland, as per the Memorandum of Understanding inked between the company and Korea's POSCO.

Budget proposes major boost for infra sector

Budget proposes major boost for infra sector

Rediff.com1 Feb 2021

Expressing commitment to augment the country's infrastructure, Finance Minister Nirmala Sitharaman on Monday proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetizing assets to achieve the goals of the National Infrastructure Pipeline (NIP). Sitharaman said NIP, that was launched in December 2019 with 6,835 projects, has now been expanded to 7,400 projects and around 217 projects worth Rs 1.10 lakh crore under some key infrastructure ministries have been completed. "For 2021-22, I propose a sharp increase in capital expenditure and thus have provided Rs 5.54 lakh crores which is 34.5% more than the BE of 2020-21," the finance minister said.

India Inc goes slow on rupee bonds, eyes international market

India Inc goes slow on rupee bonds, eyes international market

Rediff.com15 Mar 2021

Indian corporate are fast tapping the international bonds market to raise funds for their operational expenses even as they reduce their presence in the rupee bond market. As bonds are costlier for companies and investors are more sceptical than the banks, chief financial officers say they are looking at other avenues for raising funds in the coming months as dollar bond rates are lower in the range of 100 to 250 basis points. "For corporate with reasonable credit quality, the Indian bond market has become less of an option from a cost point of view. "In addition, conditions imposed in the Indian bond market by investors post Franklin episode have also become very onerous," said Prabal Banerjee, president-finance of Bajaj group. "Hence very few corporate are looking at the local bond market for resource mobilisation, since both, bank loans and the overseas bond markets are much more attractive," he said.

Chennai oil spill: Centre orders probe, 80% clean-up ops over

Chennai oil spill: Centre orders probe, 80% clean-up ops over

Rediff.com3 Feb 2017

Minister of State for Shipping Pon Radhakrishnan said the vessel had more than 32,000 tonne of oil and has been emptied.

Eco Survey pegs next fiscal's growth at 6.5%

Eco Survey pegs next fiscal's growth at 6.5%

Rediff.com31 Jan 2020

The pre-Budget Survey said for wealth to be distributed, it first has to be created and called for looking at wealth creators with respect. The Survey said government interventions seem to be ineffective in stabilising prices of commodities such as onions.

Ronchi's hundred rallies NZ 'A'; Saxena takes six

Ronchi's hundred rallies NZ 'A'; Saxena takes six

Rediff.com29 Aug 2013

Veteran Luke Ronchi smashed a quick century as New Zealand 'A' recovered from a precarious position to post a respectable 310 against India 'A' on the second day of their three-day match in Visakhapatnam on Thursday.

Nandigram: Will Dada trounce Didi?

Nandigram: Will Dada trounce Didi?

Rediff.com3 Mar 2021

Nandigram, 126 km south of Kolkata, is Suvendu Adhikari's bastion, where he has vowed to defeat Mamata Banerjee by 50,000 votes or quit politics.

Countdown begins for launch of ISRO's foreign satellites

Countdown begins for launch of ISRO's foreign satellites

Rediff.com15 Sep 2018

This would be the 44th flight of the PSLV and the third launch by ISRO this year.

ED attaches over Rs 4-cr assets of ex-Maha HM Deshmukh, wife

ED attaches over Rs 4-cr assets of ex-Maha HM Deshmukh, wife

Rediff.com16 Jul 2021

A provisional order has been issued under the Prevention of Money Laundering Act (PMLA) attaching a residential flat worth Rs 1.54 crore in Mumbai's Worli, and 25 land parcels valued at Rs 2.67 crore in Dhutum village in Raigad district.

'India cannot take Gotabaya for granted'

'India cannot take Gotabaya for granted'

Rediff.com16 Jan 2020

'We should expect a cold-blooded, transactional relation that requires a lot of engagement and mutual trust to sustain,' says Constantino Xavier, Fellow, foreign policy, Brookings India.

J&K police files chargesheet against PDP's Waheed Parra

J&K police files chargesheet against PDP's Waheed Parra

Rediff.com1 Jun 2021

Police said that Parra has been chargesheeted by the Criminal Investigation (Kashmir) wing of the Jammu and Kashmir's CID under various sections of the Unlawful Activities (Prevention) Act dealing with waging war against the country and threatening peace.

Sitharaman bets big on infra spending to take highway to growth

Sitharaman bets big on infra spending to take highway to growth

Rediff.com1 Feb 2022

While she primed up spending on infrastructure to create jobs and boost economic activity, Sitharaman did not tinker with income tax slabs or tax rates. Her Budget for the fiscal year beginning April 2022 proposed a massive 35 per cent jump in capital expenditure to Rs 7.5 lakh crore, coupled with rationalisation of customs duty, an extension of time for setting up new manufacturing companies and plans for starting a digital currency and tax crypto assets.

The Rajapaksas You Did Not Know

The Rajapaksas You Did Not Know

Rediff.com7 Apr 2022

From Sri Lanka's most popular political family to its most despised -- going by the voices on the streets calling for the Rajapaksas' ouster -- what went wrong for the clan? Veteran Sri Lanka watcher N Sathiya Moorthy offers an insight.

Lakshadweep: Parties oppose 'anti-people' reforms of Administrator

Lakshadweep: Parties oppose 'anti-people' reforms of Administrator

Rediff.com24 May 2021

Opposition parties in Lakshadweep and Kerala are up in arms against various measures initiated by the Administrator of the group of islands, terming them as 'anti-people' and have sought his recall.

More PSUs likely to be sold soon

More PSUs likely to be sold soon

Rediff.com10 Jul 2017

Centre might move swiftly on its next round of strategic sales in CPSEs

Nitin Gadkari has many plans for India!

Nitin Gadkari has many plans for India!

Rediff.com30 Sep 2014

Nitin Gadkari has seven portfolios, but does not seem weighed down at all by the many things on his plate. The minister is brimming with ideas...

Full text: President Murmu's address to Parliament's Budget Session

Full text: President Murmu's address to Parliament's Budget Session

Rediff.com31 Jan 2023

'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.

Rabada sorry for letting team down

Rabada sorry for letting team down

Rediff.com21 Jan 2020

Rabada was handed a one-match ban by the International Cricket Council

India-Lanka: Beware Gota's gambit!

India-Lanka: Beware Gota's gambit!

Rediff.com4 Dec 2019

'Gotabaya will expect India to observe the red line.' 'He even dispensed with any gesture welcoming India as an interlocutor on the Tamil issue.' points out Ambassador M K Bhadrakumar.