News for 'Provident Fund Organization'

Union Budget 2024-25: MSMEs bat for Rs 5,000 crore export booster

Union Budget 2024-25: MSMEs bat for Rs 5,000 crore export booster

Rediff.com3 Jul 2024

India SME Forum, an organisation for small and medium businesses, has called for creating a dedicated fund of Rs 5000 crore for the export capacity development, promotion, and marketing of Micro, Small & Medium Enterprises (MSMEs) in its Budget recommendation. The forum for MSMEs with over 98,000 members said that to enhance India's global competitiveness and increase its market share in global exports, it was "crucial to increase the number of active exporters and enable at least 3-4 lakh first-time micro, small, and medium exporters while supporting them in promoting Indian products globally."

The Woman Who Lost Everything

The Woman Who Lost Everything

Rediff.com13 Nov 2024

When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.

'We Are Lucky To Have Modi'

'We Are Lucky To Have Modi'

Rediff.com16 Oct 2024

'We don't have to go abroad for anything.' 'Anyone who thinks we have a lot to learn from the US needs to have his head examined.' 'We are in a new era.'

Why is Wayanad Quiet About Tragedy?

Why is Wayanad Quiet About Tragedy?

Rediff.com13 Nov 2024

There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of Wayanad's 2024 by-elections; the July landslides were not a burning issue, observes Shyam G Menon.

Crew Review: Enjoyable!

Crew Review: Enjoyable!

Rediff.com29 Mar 2024

You do get your money's worth simply watching these girls do what they are best at: Entertainment, feels Divya Nair.

Alleged Dawood associate held in terror funding case; FIR names don's brother

Alleged Dawood associate held in terror funding case; FIR names don's brother

Rediff.com4 Aug 2022

The First Information Report registered by the ATS also named Anees Ibrahim, Dawood's younger brother and another fugitive.

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

Tamil Nadu, India's model for organ transplants

Tamil Nadu, India's model for organ transplants

Rediff.com8 Aug 2014

Tamil Nadu has the most efficient and effective cadaver transplant programme in India.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

Mutual funds set for digital disruption

Mutual funds set for digital disruption

Rediff.com31 Dec 2020

Mutual funds aspirants have the option of snapping up smaller AMCs or applying for a new licence.

Serum Institute to provide Covid vaccine at Rs 250 a dose

Serum Institute to provide Covid vaccine at Rs 250 a dose

Rediff.com8 Aug 2020

Serum Institute of India plans to make 300 million doses of AZD1222 by December, and will begin phase-2 trials soon. It has also tied up with Novavax for development and commercialisation of its candidate.

'Time RBI became data-dependent'

'Time RBI became data-dependent'

Rediff.com18 Oct 2023

'Data-dependence means you can raise or drop rates. The present stance is only for raising rates.'

PM Modi launches Rs 1 lakh cr agri infrastructure fund

PM Modi launches Rs 1 lakh cr agri infrastructure fund

Rediff.com9 Aug 2020

The PM also said that the country does not face problems in farm production but in post-harvest losses and therefore efforts are being made to strengthen post harvest infrastructure facilities and ensure better income for farmers.

MMA fighter Mangat to be part of series to raise funds for COVID-19 pandemic

MMA fighter Mangat to be part of series to raise funds for COVID-19 pandemic

Rediff.com16 Apr 2020

The 'Together At Home' series will provide fans an in-depth look into how MMA athletes are living through the coronavirus outbreak, as well as offer engaging home fitness workouts on April 18 and 19.

Boost Consumption Of The Poorest 80 Crores And Not The Richest Eight Crores

Boost Consumption Of The Poorest 80 Crores And Not The Richest Eight Crores

Rediff.com15 Jul 2024

There are reports that the government will soon cut income taxes by about Rs 50,000 crore to boost consumption.
Prime Minister Modi, I suggest that, instead, you distribute about one lakh crore rupees per year to the 80 crore poor, which will boost both consumption and economic growth, suggests Kalyan Singhal, McCurdy Professor of Business at the University of Baltimore.

How To Prevent Terror On The High Seas

How To Prevent Terror On The High Seas

Rediff.com17 Apr 2024

The world needs to wake up to this new dimension of war at sea and be prepared to face the 'unknown enemy' who have the advantage of attacking at their choice of location and time, cautions Commodore Venugopal Menon (retd).

Delhivery's IPO will be second biggest this year after LIC

Delhivery's IPO will be second biggest this year after LIC

Rediff.com9 May 2022

Logistics services provider Delhivery is likely to launch its downsized initial public offering (IPO) this week, said people in the know. The Softbank-backed firm may trim its issue size from Rs 7,460 crore to Rs 5,500 crore to align with the volatile market conditions, sources said. Sources added the fresh issue component of the IPO could be reduced to Rs 4,500 crore and the OFS component to Rs 1,000 crore.

Digital payments start-up MobiKwik files for Rs 1,900-crore IPO

Digital payments start-up MobiKwik files for Rs 1,900-crore IPO

Rediff.com13 Jul 2021

Fintech firm MobiKwik on Monday filed a draft red herring prospectus (DRHP) with the markets regulator, Securities and Exchange Board of India (Sebi), for its initial public offering (IPO). According to its DRHP, the company plans to raise Rs 1,900 crore, which includes a fresh issue of Rs 1,500 crore and an offer for sale of Rs 400 crore. The selling shareholders include American Express Travel, Bajaj Finance, Cisco Systems and Sequoia Capital India, besides founder Bipin Preet Singh. MobiKwik is the latest among tech majors wanting to list on stock exchanges. Food delivery start-up Zomato will launch its IPO on Wednesday.

Byju's expects $7-8 bn minimum valuation

Byju's expects $7-8 bn minimum valuation

Rediff.com23 Jan 2024

Byju's plans to raise funds at a lower valuation of $7-8 billion as the embattled edtech major looks to shore up its financials with adequate liquidity, a senior company executive said on Tuesday. Banking on overall "improved performance", Think and Learn, the parent of Byju's, is hopeful of a higher valuation ahead of its rights issue being planned in February to raise funds. Byju's India chief financial officer Nitin Golani said the company is in need of funds and plans to raise it at a lower valuation to make the offer lucrative for investors as well as ensure adequate liquidity support for the edtech firm.

Trump halts funding to WHO, says it failed in basic duty

Trump halts funding to WHO, says it failed in basic duty

Rediff.com15 Apr 2020

The Trump administration has accused WHO of taking side with China in the coronavirus outbreak that has brought America's economy to a standstill.

Advertising Council releases guidelines on ads for charity

Advertising Council releases guidelines on ads for charity

Rediff.com21 Jul 2023

Advertisements of charitable organisations and crowdsourcing platforms must not disrespect the dignity of the beneficiaries by showing their graphic images, the Advertising Standards Council of India (Asci) said in its guidelines for charitable causes released on Thursday. Additionally, these ads must disclose how much of the raised funds would be used as fee by the platform, it added. Acknowledging that crowdsourcing platforms provide reach through ads and organic posts to beneficiaries by helping them tap potential donors, Asci said: "There have been some concerns about ads that create donor distress through the use of images that may be too graphic."

Jewish campaign to raise funds for India

Jewish campaign to raise funds for India

Rediff.com1 Jun 2021

'It was a result of a fundamental Jewish value of kindness and concern.' 'A value that extends beyond our own and on the premise that when we are ok, we are supposed to look up and look around to see who is not.' 'And do something about it.'

'Angel tax' provisions in Finance Bill will not impact startups

'Angel tax' provisions in Finance Bill will not impact startups

Rediff.com21 Feb 2023

The 'angel tax' provision in the Finance Bill will not impact startups in India, a senior government official said on Tuesday. Startups which are registered with the Department for Promotion of Industry and Internal Trade do not come under the purview, Anurag Jain, the secretary in the department said while speaking at the IVCA Conclave. "Let me put one thing very clearly. It doesn't affect startups in the least," he said, addressing the audience at the event organized by the venture capital industry lobby grouping.

Trump says WHO seems biased to China, threatens to withhold funding

Trump says WHO "seems biased to China", threatens to withhold funding

Rediff.com8 Apr 2020

"We pay for a majority or the biggest portion of their money. They actually criticised and disagreed with my travel ban at the time I did it. They were wrong. They've been wrong about a lot of things. They had a lot of information early and they didn't want to -- they're very -- they seem to be very China centric," the US president charged during his news conference.

Terror recruitment module busted in J-K with arrest of PhD scholar

Terror recruitment module busted in J-K with arrest of PhD scholar

Rediff.com26 Jul 2023

It was also revealed that Bashir motivated two youngsters and made them to join the terrorist ranks.

Despite Modi govt's best efforts...: Cong on fresh charges against Adani

Despite Modi govt's best efforts...: Cong on fresh charges against Adani

Rediff.com31 Aug 2023

The Organised Crime and Corruption Reporting Project (OCCRP) on Thursday trained its guns on the Adani Group, alleging hundreds of millions of dollars were invested in publicly traded group stocks through Mauritius-based 'opaque' investment funds managed by partners of promoter family, charges the conglomerate denied vehemently.

US announces $144mn in humanitarian aid for Afghans

US announces $144mn in humanitarian aid for Afghans

Rediff.com29 Oct 2021

'This funding provides support directly to some of the more than 18 million vulnerable Afghans in need in the region'

'We were listed in the global top 10 start-ups in sustainability'

'We were listed in the global top 10 start-ups in sustainability'

Rediff.com8 Feb 2024

'We want to make sustainability affordable.' 'We tell everyone, don't just recycle, Craste it!'

When India Hosted The First Asian Games

When India Hosted The First Asian Games

Rediff.com23 Sep 2023

Seventy two years ago, a newly independent India ventured to hold the the first Asian Games in Delhi with meager resources.

Bumper debut for Zomato; m-cap races past Rs 1 lakh cr

Bumper debut for Zomato; m-cap races past Rs 1 lakh cr

Rediff.com23 Jul 2021

Shares of Zomato on Friday zoomed nearly 53 per cent in its debut trade against its issue price of Rs 76. The stock made its debut at Rs 115, reflecting a huge gain of 51.31 per cent against the issue price on the BSE. It then hit a high of Rs 138, a jump of 81.57 per cent.

Atmanirbharta Complicates India-US Arms Deals

Atmanirbharta Complicates India-US Arms Deals

Rediff.com17 Feb 2024

Indian policymakers must realise that in buying small quantities of equipment, it becomes hard to start manufacturing them in India, explains Ajai Shukla.

Did Sebi suppress important facts on Adani stock manipulation?

Did Sebi suppress important facts on Adani stock manipulation?

Rediff.com11 Sep 2023

Market regulator Sebi suppressed important facts from the Supreme Court and "slept over" Directorate of Revenue Intelligence's letter on alleged stock manipulation by the Adani firms, one of the PIL petitioners in the Adani-Hindenburg row has alleged in the top court in an affidavit. The apex court is seized of four PILs on the Adani-Hindenburg controversy including those by lawyers M L Sharma and Vishal Tiwari, Congress leader Jaya Thakur and law student Anamika Jaiswal. On August 25, SEBI had informed the apex court it has completed the probe in all but two allegations against the Adani group, and is still awaiting information from five tax havens on the actual owners behind the foreign entities that have invested in the conglomerate.

AIIMS-Like Centre For Animals In Delhi

AIIMS-Like Centre For Animals In Delhi

Rediff.com25 Sep 2023

The Centre, for the first time, has initiated a draft proposal for setting up an All India Institute of Medical Sciences (AIIMS)-like institute of national importance for animal health, education and research in Delhi to be called the All India Institute of Veterinary Sciences (AIIVS).

EPFO to roll out universal A/C nos, calls for clean up act

EPFO to roll out universal A/C nos, calls for clean up act

Rediff.com26 Feb 2014

Employees Provident Fund Organisation is likely to issue permanent account numbers to employees.

Edtech start-up Eruditus gets funding from Zuckerberg duo

Edtech start-up Eruditus gets funding from Zuckerberg duo

Rediff.com7 Sep 2020

Eruditus runs on a partnership model with top global universities such as MIT, Columbia, Harvard, Cambridge, INSEAD, Wharton, and UC Berkeley, offering courses in coding, data science, fintech, block chain, and entrepreneurship.

CPM takes god's path to fight climate change in Kerala

CPM takes god's path to fight climate change in Kerala

Rediff.com7 Jun 2023

vIn its effort to tackle the impacts of climate change in Kerala, the Communist Party of India-Marxist-led government has launched an ambitious project to improve the green cover of over 3,000 temples being managed by five devaswom boards under its control.

'Unity in diversity has helped us survive'

'Unity in diversity has helped us survive'

Rediff.com30 Dec 2023

'The BJP is trying to change this mantra.'

Want to study but don't have funds? Try crowdfunding!

Want to study but don't have funds? Try crowdfunding!

Rediff.com19 Sep 2018

Whether it is for disaster relief or a personal cause, some online platforms help you raise funds for a fee.

Zomato IPO oversubscribed 38x

Zomato IPO oversubscribed 38x

Rediff.com16 Jul 2021

Zomato's mega initial public offering (IPO) ended with a bumper 38 times oversubscription on Friday as institutional investors poured money to get a pie of the hottest online food delivery platform. Zomato got bids for 2,751.25 crore shares against 71.92 crore shares on offer, stock exchange data showed. The IPO is India's biggest since March 2020. Institutional investors, who shied away in the first two days of the IPO, bid several times over the number of shares reserved for them.

BJP gave first OBC PM, while Cong insulted them: Amit Shah

BJP gave first OBC PM, while Cong insulted them: Amit Shah

Rediff.com21 May 2023

Union Home Minister Amit Shah on Sunday accused the opposition Congress of harassing and insulting the Other Backward Classes during its rule at the Centre, and asserted that it was the Bharatiya Janata Party that gave the first OBC prime minister to the country in the form of Narendra Modi.