News for 'Punit'

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.

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.

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.

'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.'

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.

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.

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.

'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.

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.

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.

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.

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.

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.

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.

'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.

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.

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.

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.

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.

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.

'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.'

'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.'

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.

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.

Punit Garg to head FLAG Telecom

Punit Garg to head FLAG Telecom

Rediff.com26 Apr 2006

Anil Ambani group company FLAG Telecom on Wednesday announced the appointment of Punit Garg, who was heading Reliance Infocomm's international business, as its president.\n\n

Environment: Ministry mulls punitive steps

Environment: Ministry mulls punitive steps

Rediff.com11 Aug 2010

Ministry sources told Business Standard that necessary action would be taken to amend the Act to include penalty for non-compliance and modify the procedure to decide the penalty and punishment under the Act.

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.

'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.

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.

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.

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.

Manushi Or Ananya: Who Ruled The Ramp?

Manushi Or Ananya: Who Ruled The Ramp?

Rediff.com17 Oct 2024

The recently-concluded Lakme Fashion Week saw celebs at their stunning best on the ramp. Who's your favourite?

Two more insolvency pleas against SpiceJet

Two more insolvency pleas against SpiceJet

Rediff.com18 Nov 2024

Two more insolvency petitions were filed by Sabarmati Aviation and JetAir 17 against budget carrier Spicejet at the National Company Law Tribunal (NCLT) on Monday. The NCLT issued a notice to the airline over the plea by operational creditor Sabarmati Aviation while asking another complainant, JetAir 17, to file additional documents in support of its claims of $27 million.

Will China wage war over Taiwan in 2025? Xi's remark raises alarm

Will China wage war over Taiwan in 2025? Xi's remark raises alarm

Rediff.com31 Dec 2024

President Xi Jinping has said that no one can ever stop Taiwan's reunification with China as he signed off 2024 amid growing anxieties in the country over the continued slowdown of the economy and the return of Donald Trump, who has threatened to impose punitive tariffs and trade measures against Beijing in his second term.

'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.'

Will China's Loss Be India's Gain In EV Race?

Will China's Loss Be India's Gain In EV Race?

Rediff.com14 Oct 2024

Lithium-ion cells, primarily imported from China, are likely to become cheaper following punitive tariffs imposed by the US on Chinese battery cells.