The government on Friday received financial bids for the strategic disinvestment of IDBI Bank, the Department of Investment and Public Asset Management (Dipam) said in an official statement on X.
Members of Parliament, state legislatures, and local governments not eligible to be members of PSB boards
rediffGURU Radheshyam Zanwar, founder of Zanwar Classes, counsels students on how to register and prepare for various competitive exams.
Nyrraa Banerji's reason for staying away from Bollywood for a while: 'In Bollywood, there was a phase where all the movies were getting very bold. Physical intimacy was the criteria at that time for films. I didn't want to be part of that.'
West Bengal Chief Minister Mamata Banerjee has urged the Election Commission to halt the ongoing Special Summary Revision (SIR) of electoral rolls in the state, citing irregularities and potential disenfranchisement.
The Supreme Court has directed the Election Commission to display the names of those on the 'logical discrepancies' list at various public offices in West Bengal, addressing concerns about irregularities in the voter rolls.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
A comprehensive study by AIIMS, Delhi, found no evidence linking COVID-19 vaccination to sudden deaths in young adults, emphasizing the safety of the vaccines and highlighting coronary artery disease as a leading cause of sudden death.
The Securities and Exchange Board of India (Sebi) is mulling changes to the 'fit & proper' criteria for market infrastructure institutions (MIIs), such as stock exchanges, in a bid to segregate the role of an individual from the entity, said sources. Under the current framework, wrongdoing by senior personnel could lead to a debarment of the MIIs such as stock exchanges, depository participants and clearing members-with quite a few such instances in the past. Additionally, Sebi is also mulling to introduce a clause through which any order passed against an MII will not affect their operations, unless it is specifically mentioned so in the order.
'Poverty eradication is a continuous process. There is no full stop to it.'
To prevent companies from submitting unrealistic quotes to bag project contracts across industries, the government is planning to soon roll out a mechanism to curb irrational bidding.
Erroneous payments were made to 77,980 women and 12,431 men, many of whom did not qualify for the scheme's benefits.
'Marathwada is the suicide capital of Maharashtra.' 'To stop such man-made disasters, the government should immediately come up with a rightful package, not this charitable approach to compensation.'
rediffGURU Radheshyam Zanwar, founder of Zanwar Classes, guides students on how to prepare for engineering entrance exams and secure engineering admissions.
Election Commission officials report finding a large number of illegal migrants from Nepal, Bangladesh, and Myanmar during a review of Bihar's voters' list. Measures are being taken to exclude them from the final electoral roll.
Union Minister Nitin Gadkari on Wednesday said the government will introduce a FASTag-based annual pass for private vehicles, priced at Rs 3,000, effective from August 15, in a step towards hassle-free highway travel.
Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.
Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.
'Everyone with a low BMI will not get Type 5 diabetes.'
'When one air force (India's) hits the other's airbases with impunity and that air force (Pakistan's) is not able to respond, then the air force, which has put the other's airbases out of commission, has won.'
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Capital markets regulator Sebi on Tuesday barred five brokerage houses for up to six months from making fresh applications seeking registration as commodity brokers as they failed to meet 'fit and proper' criteria in the NSEL case. The affected brokerage houses include India Infoline Commodities, Anand Rathi Commodities and Geofin Comtrade (banned for 6 months each), and Phillip Commodities and Motilal Oswal Commodities Broker (for 3 months each). "There were enough red flags for a reasonable person to come to conclude that what was being offered as paired contracts on NSEL were not spot contract in commodities," Sebi said in five separate orders.
The Burman family, which runs Dabur Group, has denied any involvement or role in an illegal cricket-betting app as alleged by the Mumbai police in a complaint filed last week. The family said vested interests were behind the police complaint and they wanted to scuttle their (Dabur's) move to acquire Religare Enterprises, a financial services company. "We have not received any formal communication on any such FIR
The government is set to initiate consultations with the Reserve Bank of India (RBI) to devise a new security clearance framework for screening potential bidders of public sector banks (PSBs) as it kick-starts the privatisation process, beginning with the strategic divestment of IDBI Bank. As the government is moving ahead with strategic divestment of IDBI Bank and is looking to privatise two PSBs, the Department of Investment and Public Asset Management (DIPAM) is looking to put in place an appropriate framework as the potential buyers will have to meet the RBI's fit and proper criteria, said an official. The process of bank privatisation would be different from the sale of any other public sector undertaking (PSU), and more restrictions and measures will have to be put in place, the official said.
Shubman Gill's thumb fracture is certainly a "jolt" for India ahead of the series opener against Australia
'Assess the property in terms of type, size, location and price point, and whether it fits into your budget.' 'If it checks out on these fronts, one may consider the accompanying offers.'
The Burman family, which had made an open offer in September to acquire Religare Enterprises' control, in a statement said: "We are surprised and disappointed at these allegations." Burmans said it will move towards closing the transaction "expeditiously", working with all the regulators.
About the 34-year-old officer's alleged misuse of power, including the use of a private luxury car with a VIP number plate and red-blue beacon, during her tenure at the Pune collector's office, Dilip said she had taken permission for everything.
A parliamentary panel on Friday opposed the new bank licences to corporate houses and voiced concerns over the discretionary power vested with RBI for applying 'fit and proper' criteria for deciding on applications.
Isn't it time to review the 'fit and proper' criteria for banking licence, particularly with reference to individuals applying for it, asks Tamal Bandyopadhyay?
In his order, SEBI member dealt with the "fit and proper" criteria of the exchange promoted by Financial Technologies (FT) and Multi Commodity Exchange (MCX) and their founder Jignesh Shah.
Aman Sehrawat missed out on securing a berth for the Paris Games after losing his semi-final at the Asian Olympic Qualifier.
In the case of double-income couples, not more than 40 per cent of the net income of one partner should be the EMI for the property.
SEBI said it has cancelled the portfolio management licence held by Sahara Asset Management Company Pvt Ltd
The judgment will impact a sizeable number of people in the state, according to a lawyer involved in the matter.
The I-League 2023-24 will be organised with 13 participating clubs on a home-and-away double round-robin basis for a total of 156 matches in the season.
Former Australia skipper Steve Waugh has slammed the ICC and top cricket boards, including the BCCI, for not caring about Test cricket after South Africa named a depleted red-ball squad for the tour of New Zealand.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
The IOA ad-hoc committee on Wednesday decided to hold much-awaited Asian Games wrestling trials on July 22-23.
Do you have questions about CAT, XAT, CMAT or CET? rediffGURU Patrick Dsouza will answer them.
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