News for 'Punit'

Mood on the ground in Kashmir is against perpetrators

Mood on the ground in Kashmir is against perpetrators

Rediff.com26 Apr 2025

The dastardly dimensions of the attack are gradually sinking in even as the Government of India announced its immediate diplomatic and other retaliatory measures. It is generally expected to be followed up with punitive military action across the LoC, sooner than later, observes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.

Startups face I-T department heat over funding through Singapore

Startups face I-T department heat over funding through Singapore

Rediff.com24 Apr 2025

The income-tax (I-T) department has issued showcause notices under Section 68 of the Income-Tax Act to several startups over funds routed through Singapore, seeking explanations for investments received over the past five years, people familiar with the development said. The department is questioning the source, identity, and creditworthiness of overseas investors in these transactions, they said.

Is Sobhita Getting Ready For Her Wedding?

Is Sobhita Getting Ready For Her Wedding?

Rediff.com15 Oct 2024

The shining star of Designer Punit Balana's show was Sobhita Dhulipala, who walked in an intoxicating wine-toned lehenga that had everyone talking.

'This Year, We Will Commence Full Refit Of B787s'

'This Year, We Will Commence Full Refit Of B787s'

Rediff.com16 Jun 2025

'That refresh programme -- because they are big aircraft and we cannot ground them all at the same time -- will last well into 2027.'

Meitei group surrenders 246 firearms in Manipur

Meitei group surrenders 246 firearms in Manipur

Rediff.com28 Feb 2025

The Meitei group Arambai Tenggol surrendered 246 firearms to security forces in Manipur, bringing the total number of weapons surrendered to 307. The surrender follows a deadline set by Governor Ajay Bhalla for the return of illegal weapons. Arambai Tenggol's decision was influenced by assurances from the governor, including the eradication of opium poppy cultivation, implementation of border fencing, and a general amnesty for members of the group. Officials believe the surrender will contribute to restoring peace in the state, which has been rocked by ethnic violence for nearly two years. The police have urged others in possession of illegal firearms to surrender them before the deadline. Former Chief Minister N Biren Singh welcomed the surrender, calling it a "big step towards peace."

'Last chance': Manipur governor extends arms surrender deadline

'Last chance': Manipur governor extends arms surrender deadline

Rediff.com28 Feb 2025

Manipur Governor Ajay Kumar Bhalla has extended the deadline for the surrender of looted and illegal arms until 4 PM on March 6 following requests from both hill and valley areas for additional time. The initial deadline for the voluntary surrender of arms ended on February 24. Bhalla has assured that no punitive action will be taken against those who surrender their weapons within this period, emphasising that "this is the last opportunity for everyone concerned to contribute to peace, communal harmony, the future of our youth, and the security of our society."

Bajaj posts record sales on Gudi Padwa

Bajaj posts record sales on Gudi Padwa

Rediff.com1 Apr 2025

Two-wheeler (2W) giant Bajaj Auto registered record sales across the country over the weekend on the back of Gudi Padwa, hawking 26,938 vehicles that included motorcycles and its electric scooter Chetak.

Housing Sales Drop 28%

Housing Sales Drop 28%

Rediff.com28 Mar 2025

Average residential property prices in seven cities increased 10% to 34% due to new supplies in the luxury and ultra-luxury segments and overall demand.

Border residents clear bunkers as India-Pak tension rises

Border residents clear bunkers as India-Pak tension rises

Rediff.com26 Apr 2025

Villagers living near the International Border and Line of Control in Jammu are on high alert following the recent terror attack in Pahalgam, preparing underground bunkers and accelerating crop harvesting. The incident has heightened security concerns despite a renewed ceasefire agreement between India and Pakistan in 2021. Residents are demanding swift action against the perpetrators and their handlers.

Man sues PVR INOX for too many ads before movie, wins

Man sues PVR INOX for too many ads before movie, wins

Rediff.com19 Feb 2025

A Bengaluru consumer court has ruled against PVR INOX for delaying film screenings with excessive advertisements, deeming it an "unfair" trade practice. The court ordered the multiplex chain to pay Rs one lakh in punitive damages and ensure clear communication of actual movie start times to viewers. The ruling highlights the value of time in today's world and the need for businesses to respect consumers' time and money.

'Unlikely Pakistan Shot Down 3 Rafales'

'Unlikely Pakistan Shot Down 3 Rafales'

Rediff.com9 May 2025

'There is no independently verified imagery or battlefield evidence to support Pakistan's claim.'

26/11 survivor who identified Kasab seeks death for Rana

26/11 survivor who identified Kasab seeks death for Rana

Rediff.com10 Apr 2025

Devika Rotawan, a survivor of the 26/11 Mumbai terror attacks, has demanded the death penalty for Tahawwur Hussain Rana, a key accused extradited from the US. Rotawan, a key witness in the case, identified terrorist Mohammed Ajmal Kasab in court during the trial. She believes the extradition is a "big win" for India and called for further action against other conspirators in Pakistan.

No-contest clause in Ratan Tata's will raises questions on legal validity

No-contest clause in Ratan Tata's will raises questions on legal validity

Rediff.com30 Apr 2025

The inclusion of a "no-contest" clause in Ratan Tata's will has caught the attention of India Inc, prompting a wave of interest among promoters of listed companies and business families. Legal advisors and estate planners are seeing a noticeable uptick in queries, as wealthy individuals look for ways to shield their legacies from courtroom battles.

Shutdown hits normal life in Kuki areas of Manipur; no fresh violence

Shutdown hits normal life in Kuki areas of Manipur; no fresh violence

Rediff.com9 Mar 2025

Violence erupted in Manipur's Kangpokpi district as Kuki-Zo groups protested a directive allowing free movement across the state. One protester was killed and over 40 others were injured in clashes with security forces. The protests were sparked by Union Home Minister Amit Shah's order, which aimed to restore free movement across the state after ethnic violence erupted in May 2023.

After The Ceasefire: What Can India Expect?

After The Ceasefire: What Can India Expect?

Rediff.com12 May 2025

'One good outcome of Operation Sindoor -- perhaps, its best outcome -- could be that India has resumed meaningful contact directly with Pakistan at the military-to-military level,' observes Ambassador M K Bhadrakumar.

Courts authorised to determine rate of interest: SC

Courts authorised to determine rate of interest: SC

Rediff.com1 Apr 2025

The Supreme Court of India has ruled that courts have the authority to determine the appropriate interest rate in cases involving share valuation, considering the specific facts of each case. The decision came in a 52-year-old legal battle between private parties and the Rajasthan government over the valuation of shares transferred to the state government. The court also modified the interest rate applicable to delayed payments, awarding 6 percent per annum simple interest from July 8, 1975, until the date of decree, and 9 percent per annum simple interest from the date of decree until realization of the payment.

CAT overturns transfer of Sameer Wankhede

CAT overturns transfer of Sameer Wankhede

Rediff.com6 Mar 2025

The Central Administrative Tribunal (CAT) has overturned the transfer of Indian Revenue Service (IRS) officer Sameer Wankhede from Mumbai to Chennai, ruling that the revenue department violated its own guidelines. Wankhede, known for his role in the Cordelia cruise drug bust case involving Bollywood actor Shah Rukh Khan's son, had claimed his transfer was punitive and a consequence of his actions at the Narcotics Control Bureau (NCB). The CAT found procedural lapses and potential bias in the transfer decision, stating that transfer policies must be implemented fairly and transparently.

Houses of mob attack accused demolished in Ahmedabad

Houses of mob attack accused demolished in Ahmedabad

Rediff.com15 Mar 2025

Authorities in Ahmedabad demolished the houses of six out of 14 accused arrested for attacking commuters and rioting in the city. The demolition followed a mob attack on Thursday night in which three people were injured and several vehicles were damaged. The police are taking action against "anti-social elements" in the city, including preparing a list of repeat offenders and taking action against illegal constructions and encroachments.

2 key shareholders seek Zee MD Punit Goenka's removal

2 key shareholders seek Zee MD Punit Goenka's removal

Rediff.com14 Sep 2021

Two investment firms, together accounting for 17.88 per cent of the paid-up share capital of Zee Entertainment Enterprise Ltd (ZEEL), have sought the removal of the current managing director Punit Goenka from the board of the company. The two investment firms are -- Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) and OFI Global China Fund LLC, the largest shareholder of ZEEL. The two firms have called an extraordinary general meeting of shareholders seeking to remove Punit Goenka.

Not feasibl to...: SC disposes of PIL on mob lynching

Not feasibl to...: SC disposes of PIL on mob lynching

Rediff.com11 Feb 2025

The Supreme Court of India has dismissed a plea seeking directions to states to take immediate action against mob lynching and cow vigilantism, particularly against Muslims. The court stated that it was not feasible to "micro-manage" such incidents from Delhi and referred to its 2018 verdict, which issued guidelines to address mob violence and cow vigilantism. The court also noted that the new Bharatiya Nyaya Sanhita (BNS) criminalizes mob lynching as a separate offence. The plea argued that there was "gross non-compliance" with the 2018 directions, but the court maintained that authorities were bound by its previous rulings.

Why China Shield's Pakistan's Terror Agenda

Why China Shield's Pakistan's Terror Agenda

Rediff.com16 May 2025

'It is typical of China's strategic deception of making virtue out of necessity,' observes Rup Narayan Das.

'Anti-India' slogans: SC seeks Maha reply to contempt plea

'Anti-India' slogans: SC seeks Maha reply to contempt plea

Rediff.com24 Mar 2025

The Supreme Court has directed a Maharashtra authority to respond to a man's plea for initiating contempt action against it after his properties were demolished for allegedly raising anti-India slogans during a cricket match. The petitioner, who hails from Sindhudurg district in the state, claims his house and shop were demolished on February 24 following an FIR against him, his wife, and his 14-year-old son for allegedly raising anti-India slogans during the India-Pakistan Champions Trophy match. The plea argues that the demolition violated the Supreme Court's November 13, 2024 verdict on demolition of properties, which barred demolition without a prior showcause notice and 15 days' time for the aggrieved party to respond. The petitioner seeks directions for initiating contempt proceedings against the chief officer and administrator of the Malvan Municipal Council.

Sebi bans Zee Ent's Punit Goenka, Subhash Chandra from holding directorial positions

Sebi bans Zee Ent's Punit Goenka, Subhash Chandra from holding directorial positions

Rediff.com12 Jun 2023

Markets regulator Sebi on Monday barred Essel Group chairman Subhash Chandra and Zee Entertainment Enterprises Ltd (ZEEL) MD and CEO Punit Goenka from holding the position of a director or key managerial personnel in any listed company for siphoning off funds of the media firm. The case pertains to Chandra, who was also the chairman of ZEEL during the alleged violation, and Goenka having abused their position as directors or KMPs of a listed company for siphoning off funds for their own benefit. In its interim order, Sebi noted that Chandra and Goenka alienated the assets of ZEEL and other listed companies of Essel Group for the benefit of associate entities, which are owned and controlled by them.

Uddhav's Shiv Sena demands Bharat Ratna for Bal Thackeray

Uddhav's Shiv Sena demands Bharat Ratna for Bal Thackeray

Rediff.com23 Jan 2025

The Shiv Sena (UBT) has demanded the Bharat Ratna for Shiv Sena founder late Bal Thackeray, calling for the highest civilian honor to be bestowed upon the late leader on the occasion of his 99th birth anniversary. Party leader Sanjay Raut criticized the BJP-led government for awarding the Bharat Ratna to individuals he deemed undeserving and argued that Thackeray, who he described as the "sower of Hindutva seeds," deserves the honor. Raut also emphasized the significance of Thackeray's upcoming birth centenary, asserting that awarding him the Bharat Ratna before the centenary would also be an honor for Veer Savarkar.

'India Missed Opportunity To Take Back Parts Of PoK'

'India Missed Opportunity To Take Back Parts Of PoK'

Rediff.com14 May 2025

'Had Haji Pir and/or Skardu been taken, the message would have gone out not just to General Asim Munir and his cohort in the Pakistan army but to the Pakistani people that every terrorist incident in India would lead to substantial loss of territory in PoK.'

'India will look into hurting the Pakistani army's interest'

'India will look into hurting the Pakistani army's interest'

Rediff.com26 Apr 2025

'It could be the Pakistan army's commercial interest, tactical or strategic interest or one of their leaders.' 'Even if you send a message that we have attempted to kill one of the Pakistani generals, that itself will serve the purpose.'

After wolf attacks, stray dogs haunt UP's Bahraich

After wolf attacks, stray dogs haunt UP's Bahraich

Rediff.com6 Mar 2025

A pack of stray dogs in Bahraich, Uttar Pradesh, has killed a 12-year-old girl and injured 14 people in the past 10 days. The situation has escalated to the point where the administration is advising residents to carry sticks when venturing out in the evening and urging parents not to allow children to go outside alone. The administration is conducting awareness campaigns and a sterilization drive to control the stray dog population. Authorities have also emphasized proper waste management to prevent strays from scavenging for food.

Over 1,000 arms given up in Manipur during surrender period

Over 1,000 arms given up in Manipur during surrender period

Rediff.com7 Mar 2025

More than 1,000 arms, including handguns, machine guns, grenades, mortars, and INSAS and AK-56 rifles, were surrendered by people in Manipur during a two-week amnesty period for voluntarily giving up looted and illegally held weapons. The surrender of arms comes as Manipur grapples with ethnic violence that has left hundreds dead and thousands displaced.

Runner dies hours after completing Goa River Marathon

Runner dies hours after completing Goa River Marathon

Rediff.com12 Dec 2024

A 29-year-old dental surgeon died of a massive heart attack after completing a marathon in Goa, his father said on Thursday.

How Will Trump's Tariff Threat Affect India?

How Will Trump's Tariff Threat Affect India?

Rediff.com19 Mar 2025

Unless something changes, Mr Trump is a huge threat right now, which is perhaps not being recognised fully, cautions Debashis Basu.

'Time ripe for replacing collegium with NJAC or a better system'

'Time ripe for replacing collegium with NJAC or a better system'

Rediff.com6 Apr 2025

Former Union Law Minister Ashwani Kumar has argued for replacing the existing collegium system for judicial appointments, asserting that public sentiment leans toward an alternative mechanism, potentially resembling the National Judicial Appointments Commission (NJAC). He believes that the government has the authority to propose a revised constitutional amendment for judicial appointments that would withstand judicial scrutiny. Kumar also urged the Supreme Court to establish a robust internal process to address concerns within the judiciary, including allegations against judges.

RBI's Sanjay Malhotra is a Governor with a difference!

RBI's Sanjay Malhotra is a Governor with a difference!

Rediff.com10 Mar 2025

Since Sanjay Malhotra took office as governor in December, the Reserve Bank of India (RBI) has adopted a more accommodative stance, which bodes well for banking and the economy as they navigate a growth slowdown, according to analysts.

Wipro Q3 net profit zooms 24.4% to Rs 3,354 cr

Wipro Q3 net profit zooms 24.4% to Rs 3,354 cr

Rediff.com17 Jan 2025

IT services company Wipro on Friday reported a 24.4 per cent year-on-year rise in its consolidated net profit for the just-ended December quarter at about Rs 3,354 crore. The Bengaluru-based tech major saw its revenue from operations inch up by 0.5 per cent to about Rs 22,319 crore.

Zee's Punit Goenka: Not Just The Owner's Son

Zee's Punit Goenka: Not Just The Owner's Son

Rediff.com6 Oct 2021

Puneet Goenka's ability to stay calm is probably what helped Zee rise from a down-in-the-dumps broadcaster into one of the largest, steadiest and most profitable media companies in India, reports Vanita Kohli-Khandekar.

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

Rediff.com21 Feb 2025

Kotak Mahindra Bank's net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards and onboarding new customers through digital mode, brokerages said on Thursday. The bank's net interest margin (NIM) has seen a decline of over 35 basis points (bps) since the restrictions were imposed by the regulator in April 2024.

Modi govt opposes life-time ban on convicted politicians

Modi govt opposes life-time ban on convicted politicians

Rediff.com26 Feb 2025

The Centre said as a matter of judicial review, the court could declare the provisions to be unconstitutional, however, the relief sought by the petitioner effectively sought to read "life-long" instead of "six years" in all sub-sections of Section 8 of the Act.

Should World Be Afraid Of China's DeepSeek?

Should World Be Afraid Of China's DeepSeek?

Rediff.com28 Jan 2025

Cheaper ripoffs was how China powered its way as an economic superpower but hitherto the tech realm had remained out of bounds. With DeepSeek's AI model the West, it seemed, was about to lose its competitive edge in cutting edge generative AI technology. And this is what is causing deep furrows in the forehead of tech titans in Silicon Valley.

Kiara-Sidharth Light Up A Diwali Party

Kiara-Sidharth Light Up A Diwali Party

Rediff.com23 Oct 2024

Manish Malhotra's Diwali Party had the who's who of Bollywood in attendance.

'Goa Beach Shacks Can't Sell Idli-Sambar'

'Goa Beach Shacks Can't Sell Idli-Sambar'

Rediff.com28 Feb 2025

'These beach shacks were meant to protect the employment of local Goans who in turn would showcase Goan cuisine and culture on the beaches of Goa.'

Zee - Sony merger deal sealed; Punit Goenka to be MD, CEO

Zee - Sony merger deal sealed; Punit Goenka to be MD, CEO

Rediff.com22 Dec 2021

Sony Pictures Networks India Pvt Ltd (SPNI) and Zee Entertainment Enterprises Ltd (ZEEL) on Wednesday said they have signed definitive agreements for their merger following conclusion of an exclusive negotiation period during which both parties conducted mutual due diligence. In a joint statement, the two companies said they have "signed definitive agreements to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations and program libraries". The agreements follow the conclusion of an exclusive negotiation period during which ZEEL and SPNI conducted mutual due diligence, it added.