News for 'Public Limited Company'

Clubhouse sets the trend for social audio apps in pandemic

Clubhouse sets the trend for social audio apps in pandemic

Rediff.com2 Jul 2021

From Twitter to Facebook to Spotify, everyone it seems is clambering aboard the social audio bandwagon. Neha Alawadhi reports.

'EC should investigate against the background of 2002 communal incidents'

'EC should investigate against the background of 2002 communal incidents'

Rediff.com2 Dec 2022

'A political party taking the law into its hands is objectionable, especially in the context of the 2002 incidents in Gujarat.'

Airlines told to share international fliers' PNR with customs

Airlines told to share international fliers' PNR with customs

Rediff.com9 Aug 2022

With this, India joins 60 other countries that collect PNR details of international passengers.

Situation under control: BMC after gas leak complaints

Situation under control: BMC after gas leak complaints

Rediff.com8 Jun 2020

Many residents complained of suspected gas leak from Chembur, Ghatkopar, Powai and Vikhroli areas late on Saturday night, an official of the BMC's disaster management cell said.

Ola reports first-ever operating profit of Rs 90 cr in FY21

Ola reports first-ever operating profit of Rs 90 cr in FY21

Rediff.com2 Nov 2021

Ola has reported its first operating profit of Rs 89.82 crore for 2020-21, even as the ride-hailing company's revenue declined 65 per cent to Rs 689.61 crore amid COVID-19 induced lockdowns. As per regulatory documents filed by ANI Technologies - the parent company of Ola - it had logged standalone operating profit (profit before finance cost, depreciation, amortisation and tax (EBITDA)) of Rs 89.82 crore in FY21 on a standalone basis, while it had registered a loss of Rs 610.18 crore in the preceding fiscal year.

Even as economy reopens, new projects down 82% YoY in Sep

Even as economy reopens, new projects down 82% YoY in Sep

Rediff.com9 Oct 2020

Completed projects saw an improvement of 29.2 per cent over the June quarter, which is valued at Rs 0.31 trillion.

Oppn grills govt over PM CARES Fund, questions its transparency

Oppn grills govt over PM CARES Fund, questions its transparency

Rediff.com19 Sep 2020

They were participating in a debate on the bill for giving effect to various compliance relief measures for taxpayers, including extending time limits for filing returns, in the wake of the coronavirus crisis and tax benefits for donations to PM CARES Fund.

Get ready for Indian Army's new uniform on Jan 15

Get ready for Indian Army's new uniform on Jan 15

Rediff.com13 Jan 2022

Like most army combat uniforms, this one has been designed to serve two requirements: First, protection against harsh climatic conditions, including extreme heat and cold. Second, the need to provide soldiers' outfits with field camouflage, so as to increase his battlefield survivability.

Sputnik V vaccine to be available in India from next week: Govt

Sputnik V vaccine to be available in India from next week: Govt

Rediff.com14 May 2021

India is expecting 156 million doses of the vaccine from August to September, reports Ruchika Chitravanshi.

CBI raids Lalu, files fresh case, names Rabri, daughters

CBI raids Lalu, files fresh case, names Rabri, daughters

Rediff.com21 May 2022

The CBI has named Prasad, his wife Rabri Devi, and daughters Misa Bharti and Hema Yadav, in addition to 12 people who were given jobs in Railway zones of Mumbai, Jabalpur, Kolkata, Jaipur, Hajipur, the officials said.

Vodafone Idea files review petition in SC; says struggling to survive

Vodafone Idea files review petition in SC; says struggling to survive

Rediff.com12 Aug 2021

Troubled Vodafone Idea Ltd (VIL) has filed a review petition in the Supreme Court after the apex court recently dismissed its plea for rectification of the alleged errors in the calculation of adjusted gross revenues-related dues. In the petition, filed earlier this week, VIL has said it is "a travesty of justice" that the company is restrained from questioning the arithmetical errors/ omission which are going to cost it about Rs 25,000 crore (Rs 5,932 crore of principal plus interest, penalty and interest on penalty). VIL has said its contentions have been rejected by the order under review and added that this denial could result in the company going under and its about 27.3 crore subscribers being left "high and dry".

Rahul Gandhi quizzed by ED for 2nd consecutive day

Rahul Gandhi quizzed by ED for 2nd consecutive day

Rediff.com14 Jun 2022

While agency sources informed that Gandhi recorded his statement and checked its transcript minutely, Congress leaders said the investigators took multiple breaks during his questioning

ED grills Rahul Gandhi for 11 hours on 2nd day, calls him again on Wednesday

ED grills Rahul Gandhi for 11 hours on 2nd day, calls him again on Wednesday

Rediff.com15 Jun 2022

Congress leader Rahul Gandhi was questioned for over eight hours by the Enforcement Directorate for the second consecutive day in the National Herald money-laundering probe and was again summoned on Wednesday, even as the opposition party continued its protests and sparred with the BJP, accusing it of conspiring to defame the Gandhi family through the ''false'' case.

Is BJP Getting It Wrong In Tamil Nadu?

Is BJP Getting It Wrong In Tamil Nadu?

Rediff.com17 Mar 2023

The AIADMK is convinced that the BJP will remain an electoral burden for a long time to come, beginning the Lok Sabha polls next year, reveals N Sathiya Moorthy.

What was Pratip Chaudhuri's crime?

What was Pratip Chaudhuri's crime?

Rediff.com23 Nov 2021

The account turned bad before Chaudhari took over as SBI chairman and the asset was sold to AARC following an open bidding process, months after Chaudhari retired, explains Tamal Bandyopadhyay.

20 central PSUs in pipeline for sale, 6 for shutdown

20 central PSUs in pipeline for sale, 6 for shutdown

Rediff.com14 Sep 2020

As many as 20 central public sector enterprises and their units are at various stages of strategic disinvestment, while six are being considered for closure or are under litigation, Minister of State for Finance Anurag Singh Thakur said on Monday.

China's tech crackdown may be good news for Indian start-ups

China's tech crackdown may be good news for Indian start-ups

Rediff.com2 Sep 2021

The Chinese government is imposing severe restrictions on their tech companies - whether it is on data security, marketing practices or floating an IPO. Should this be music to the ears of Indian start-ups and home-grown private equity (PE) funds? Ask Indian start-ups and the answer is a resounding "yes".

Can't accept Amazon offer until legally viable: Future's ind directors

Can't accept Amazon offer until legally viable: Future's ind directors

Rediff.com24 Jan 2022

Future Retail's independent directors had last week asked Amazon if it was willing to give a long-term loan to avoid default on repayment of Rs 3,500 crore loan due on January 29. Amazon replied to that saying it was willing to financially assist Future Retail through the Samara Capital deal but the retailer must shelve Rs 24,713 crore deal with the Reliance group.

Modinomics Ain't Right. It's Hindu-Left

Modinomics Ain't Right. It's Hindu-Left

Rediff.com31 Jan 2022

It is in no way a government of the economic Right. The Right is limited to religion and nationalism. The rest is as Left as the Congress or any other party, observes Shekhar Gupta.

IL&FS and Rs 13,000-cr worth of fishy deals

IL&FS and Rs 13,000-cr worth of fishy deals

Rediff.com4 Mar 2019

The report has identified 29 instances where it appears that the loans disbursed to borrowers were in turn utilised by their group companies to repay the existing debt obligations with IL&FS Financial Services Limited.

E-commerce rules to get stricter; flash sales may soon be history

E-commerce rules to get stricter; flash sales may soon be history

Rediff.com21 Jun 2021

The Centre on Monday proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020 and sought public comments on banning mis-selling and fraudulent flash sale of goods and services on e-commerce platforms, and also on making registration of these entities mandatory with DPIIT. Ban on misleading users by manipulating search results, appointment of chief compliance officer and resident grievance officer are some of the other amendments being proposed. The Consumer Protection (E-Commerce) Rules, 2020 were first notified in July last year.

Mobile phone makers want relaxation under PLI scheme

Mobile phone makers want relaxation under PLI scheme

Rediff.com5 Apr 2021

In a communication to the empowered committee on PLI recently, the Indian Cellular & Electronics Association (ICEA) has stated that except one player (Samsung), all the other eight players (which include vendors of Apple Inc) selected under the scheme were facing numerous challenges in fulfilling the qualification criteria.

Adani Enterprises becomes third group firm to hit Rs 1-trn market cap

Adani Enterprises becomes third group firm to hit Rs 1-trn market cap

Rediff.com4 Mar 2021

Adani Ports and Special Economic Zone and Adani Green Energy are the other two Adani Group firms to have crossed the Rs 1-trillion mark in m-cap.

'Investment not gathering momentum will be a big risk factor for the economy'

'Investment not gathering momentum will be a big risk factor for the economy'

Rediff.com18 Feb 2022

'The government is trying to kickstart the investment cycle in India and while the corporate investments are yet to gather momentum, there are early signs of the same.'

Are signs of green shoots in economy really visible?

Are signs of green shoots in economy really visible?

Rediff.com9 Jul 2020

While seven companies bagged orders worth Rs 42,000 crore, industry experts said most of this new order activity was a spillover, and fresh project finalisation remains weak.

The Woes Of Wayanad Continue

The Woes Of Wayanad Continue

Rediff.com19 Apr 2023

Away from the distraction of its new high-profile politics, Wayanad's worries seemed very down to earth, discovers Shyam G Menon.

Will Vistara bid for Air India pie?

Will Vistara bid for Air India pie?

Rediff.com2 Mar 2020

The government in January restarted the divestment process of Air India and invited bids for selling 100 per cent of its equity in the state-owned airline, including Air India's 100 per cent shareholding in AI Express Limited and 50 per cent in Air India SATS Airport Services Private Ltd.

10 laws that changed how India does business

10 laws that changed how India does business

Rediff.com6 Jan 2020

Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.

COVID-19 vaccine race: Where they stand currently

COVID-19 vaccine race: Where they stand currently

Rediff.com9 Jan 2021

As India prepares to launch its vaccine drive on January 16, here is a look at the options:

11 pm to 5 am Covid-19 curfew in Delhi from today

11 pm to 5 am Covid-19 curfew in Delhi from today

Rediff.com27 Dec 2021

Patients and pregnant women, people out to buy essential items, and those travelling to or from railway stations, bus stops and airports will be exempted from the night curfew that kicks in at 11 pm on Monday due to rising COVID-19 cases in Delhi, according to a DDMA order.

Unvaccinated people, children below 15 not allowed at R-Day parade

Unvaccinated people, children below 15 not allowed at R-Day parade

Rediff.com24 Jan 2022

Police also said that people will have to adhere to all Covid-protocols, such as wearing face masks and maintaining social distancing, at the programme on Rajpath on January 26.

How govt plans to plug gaps in the bankruptcy code

How govt plans to plug gaps in the bankruptcy code

Rediff.com25 Dec 2021

In a move to plug gaps in the Insolvency and Bankruptcy Code (IBC), the ministry of corporate affairs (MCA) has proposed robust norms against avoidance transactions, wrongful trading, and inordinate delays via changes to look-back period and fixed timelines for the tribunals to reject or approve plans, among other measures. The MCA has proposed that the IBC should provide the adjudicating authority with 30 days for approving or rejecting a resolution plan under Section 31. If a decision is not made on the resolution plan within that period, the adjudicating authority will record reasons in writing for the same, the ministry has proposed.

Govt needs to sell stake of over Rs 25,000 crore by Aug 21

Govt needs to sell stake of over Rs 25,000 crore by Aug 21

Rediff.com4 Jul 2018

Sebi had given an extension last year for PSUs to meet 25% minimum public shareholding rule

Govt refuses to budge on September 30 e-com deadline

Govt refuses to budge on September 30 e-com deadline

Rediff.com27 Sep 2019

The e-commerce companies believe the government is using this exercise to take an unauthorised look into their financials, shareholding and operations.

Serum Institute defends Covishield pricing amid row

Serum Institute defends Covishield pricing amid row

Rediff.com24 Apr 2021

"The initial supply price of Covishield for all government immunization programme, including India, has been the lowest", SII said.

Dewan Housing crisis drags Jhunjhunwala down

Dewan Housing crisis drags Jhunjhunwala down

Rediff.com10 Jun 2019

The liquidity crisis at Dewan Housing Finance Corporation Limited (DHFL) has dented the fortunes of ace investor Rakesh Jhunjhunwala, who increased his stake in the troubled company in the March 2019 quarter (Q4FY19).

FIR reveals how CBI officers compromised probe for kickbacks

FIR reveals how CBI officers compromised probe for kickbacks

Rediff.com15 Jan 2021

CBI officials booked for graft by the central probe agency were not only receiving regular kickbacks for compromising investigation, but were also acting as conduits to bribe their peers on behalf of companies accused of siphoning off crores of public money from banks, the FIR against them alleges.

SC sets aside high court stay on Haryana job quota in private sector

SC sets aside high court stay on Haryana job quota in private sector

Rediff.com17 Feb 2022

The Supreme Court on Thursday set aside a Punjab and Haryana high court order granting an interim stay on a Haryana law providing 75 per cent quota in private sector jobs for residents of the state.

Youngest Rajapaksa brother stopped from boarding flight to Dubai

Youngest Rajapaksa brother stopped from boarding flight to Dubai

Rediff.com12 Jul 2022

Sri Lanka's former finance minister Basil Rajapaksa, who is the youngest brother of President Gotabaya Rajapaksa, was stopped from boarding a flight to Dubai on Monday evening, local media reported.

Over Rs 86,600 crore fraud probe against Sahara

Over Rs 86,600 crore fraud probe against Sahara

Rediff.com3 Sep 2020

All four societies were under common management of the Sahara group and had collectively garnered Rs 86,673 crore, including more than Rs 47,000 crore collected by Sahara Credit Cooperative Society Ltd from nearly 4 crore depositors.