News for 'Punit'

40-year-old fintech gurus need 60-year-olds to handhold them

40-year-old fintech gurus need 60-year-olds to handhold them

Rediff.com19 Mar 2024

The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.

Asian Games: India's rowers off to impressive start

Asian Games: India's rowers off to impressive start

Rediff.com20 Sep 2023

The Indian men's and women's Coxless Four team advanced to the final along with the men's coxed eights team, to keep themselves in the hunt for the medal.

Continuing in WhatsApp groups with terrorism posts a crime: J-K police

Continuing in WhatsApp groups with terrorism posts a crime: J-K police

Rediff.com7 Dec 2023

The guidelines come after director general of police RR Swain said that posting any content on social media that promotes disharmony will be a criminal offence in Jammu and Kashmir.

Janhvi's Bold, Beautiful Look

Janhvi's Bold, Beautiful Look

Rediff.com26 Mar 2022

Janhvi Kapoor turned up the heat in a midriff-baring backless choli.

Bombay HC judge quits, says 'can't work against self-respect'

Bombay HC judge quits, says 'can't work against self-respect'

Rediff.com4 Aug 2023

Bombay High Court Justice Rohit Deo on Friday said he has resigned.

Flight duty norms revised; pilots to get weekly rest time of 48 hours

Flight duty norms revised; pilots to get weekly rest time of 48 hours

Rediff.com8 Jan 2024

In a major relief for pilots in dealing with fatigue, aviation watchdog DGCA on Monday came out with revised norms that increase their weekly rest time to 48 hours and limit the number of landings to two during night operations. The Directorate General of Civil Aviation (DGCA) has also extended the night hours for pilots and now, it covers the period from 0000-0600 hours whereas it was 0000-0500 hours earlier. Besides, all airlines have to compulsorily submit quarterly fatigue reports, which "should follow a follow a non-punitive and confidentiality policy".

10 IIT-Mandi students suspended, action against 62 for ragging juniors

10 IIT-Mandi students suspended, action against 62 for ragging juniors

Rediff.com6 Sep 2023

The disciplinary action taken against the students includes fines ranging between Rs 15,000 and Rs 25,000 and community service of 20 to 60 hours, according to the extent of their involvement in the incident, they said.

Delhi's air quality likely to dip, anti-pollution plan kicks in

Delhi's air quality likely to dip, anti-pollution plan kicks in

Rediff.com21 Oct 2023

Delhi's 24-hour average air quality index (AQI) stood at 248 on Saturday.

Electric two-wheeler sales skid by a fourth

Electric two-wheeler sales skid by a fourth

Rediff.com1 May 2023

Stung by the government's punitive action on electric two-wheelers, registrations in April fell by nearly a fourth to 62,581 from 82,292 in March, according to data from VAHAN. Electric two-wheeler companies, including Okinawa, Hero Electric, Ather Energy, and TVS, have all clocked their lowest registrations in the four months of this calendar year. Ola Electric has been the only exception to this bloodbath, and has crossed its March numbers, hitting 21,560 registrations in April, which is its highest in this calendar year. As a result, there have been some interesting changes in the electric two-wheeler pecking order.

Sebi justifies 'urgent action' against Zee Entertainment in 197-page reply

Sebi justifies 'urgent action' against Zee Entertainment in 197-page reply

Rediff.com19 Jun 2023

In its reply to the Securities Appellate Tribunal (SAT), the Securities and Exchange Board of India (Sebi) said urgent action was warranted against the promoters of Zee Entertainment Enterprises Limited (ZEEL) in the alleged fund diversion case to safeguard the management and protect investors and other stakeholders. It termed the applications made by Essel Group Chairman Subhash Chandra and ZEEL managing director (MD) and Chief Executive Officer (CEO) Punit Goenka as "completely false and misleading" in its response submitted to SAT on June 17. "We have a situation before us where the chairman emeritus and the MD and CEO of this large listed company are involved in a myriad of different schemes and transactions through which vast amounts of public money belonging to listed companies are diverted to private entities owned and controlled by these persons.

Adani Group stocks crash up to 20% amid Hindenburg report

Adani Group stocks crash up to 20% amid Hindenburg report

Rediff.com27 Jan 2023

The Adani group stocks continued to remain under pressure on Friday, falling up to 20 per cent in morning trade, after the US-based investment research firm Hindenburg Research made damaging allegations. Shares of Adani Total Gas plummeted 19.65 per cent, Adani Transmission tumbled 19 per cent, Adani Green Energy plunged 15.50 per cent and Adani Enterprises tanked 6.19 per cent on the BSE. Also, Adani Ports and Special Economic Zone fell 5.31 per cent, Adani Wilmar dipped 5 per cent and Adani Power declined 4.99 per cent.

NCLAT dismisses insolvency plea against Wipro

NCLAT dismisses insolvency plea against Wipro

Rediff.com10 Sep 2023

The National Company Law Appellate Tribunal has dismissed an operational creditor's petition to initiate insolvency proceedings against Wipro Ltd. A two-member Chennai bench of the appellate tribunal held earlier that there was a pre-existing dispute over the payment between Wipro and the petitioner and observed that the Insolvency and Bankruptcy Code was not framed for being a "mere recovery legislation for creditors". The National Company Law Appellate Tribunal (NCLAT) has upheld the order of the NCLT.

Malegaon blast: Another witness turns hostile, 32 so far

Malegaon blast: Another witness turns hostile, 32 so far

Rediff.com31 Mar 2023

The witness, who worked at a hotel in Madhya Pradesh's Indore, had in his statement to the Anti-Terrorism Squad claimed that he had booked rooms for the accused in the case.

Refer Bidhuri to privileges panel, Oppn writes to LS speaker

Refer Bidhuri to privileges panel, Oppn writes to LS speaker

Rediff.com22 Sep 2023

In separate letters to the speaker, Congress leader Adhir Ranjan Chowdhury, Supriya Sule of the NCP, DMK leader Kanimozhi and TMC's Aparupa Poddar said what had happened with Ali is unfortunate and that action should be taken against Bidhuri.

Nepalese booked for attacking crew, damaging loo door on AI flight

Nepalese booked for attacking crew, damaging loo door on AI flight

Rediff.com12 Jul 2023

The Nepalese citizen was handed over to security agencies on arrival at the airport in New Delhi.

If Mahua is expelled...: Cong's Adhir Ranjan Chowdhury warns Speaker

If Mahua is expelled...: Cong's Adhir Ranjan Chowdhury warns Speaker

Rediff.com2 Dec 2023

Ahead of the Winter session of Parliament beginning on December 4, the Congress' Lok Sabha leader Adhir Ranjan Chowdhury on Saturday wrote to Speaker Om Birla, saying the expulsion of Trinamool Congress MP Mahua Moitra from Parliament is an 'extremely serious punishment and has very wide ramifications'.

Bareilly SDM shifted after 'punishment' video goes viral

Bareilly SDM shifted after 'punishment' video goes viral

Rediff.com16 Sep 2023

Sub-divisional magistrate of Meerganj tehsil in Bareilly has been removed from his post after a video surfaced in which he is purportedly seen to have asked a man to squat in his office as a punishment.

How To Make Banks Treat Customers Fairly

How To Make Banks Treat Customers Fairly

Rediff.com10 Apr 2023

Nobody is held accountable for lapses, no matter how badly it affects the person or business whose accounts are frozen. Nor is there compensation for losses. Most people get to know their accounts are blocked only when a cheque bounces, points out Debashis Basu.

Global Chess League: Carlsen, Anand lead starry field: All you need to know!

Global Chess League: Carlsen, Anand lead starry field: All you need to know!

Rediff.com21 Jun 2023

The stage is set for the inaugural edition of the Global Chess League to get underway in Dubai.

Wipro to invest $1 bn in AI over 3 years, launches new platform for tech

Wipro to invest $1 bn in AI over 3 years, launches new platform for tech

Rediff.com13 Jul 2023

IT services firm Wipro has launched an artificial intelligence (AI)-first ecosystem that will put the technology in every platform, tool, and solution it uses and offers to clients. Along with the launch of Wipro ai360, the company committed to invest $1 billion to advance AI capabilities in the next three years. Wipro ai360, fuelled by this new investment, will help in a new era of value, productivity, and commercial opportunities through the application of AI and generative AI, said the company.

Man caught smoking on AI flight refuses to pay for bail, opts for jail

Man caught smoking on AI flight refuses to pay for bail, opts for jail

Rediff.com14 Mar 2023

The accused told the court he had read online that the fine payable under section 336 of the IPC is Rs 250, which he was willing to pay, but not the bail amount.

Some convicts more privileged, observes SC in Bilkis Bano hearing

Some convicts more privileged, observes SC in Bilkis Bano hearing

Rediff.com14 Sep 2023

There are some convicts who are "more privileged", the Supreme Court said on Thursday while hearing pleas challenging the grant of remissions to 11 convicts in the Bilkis Bano gangrape case and the murder of seven of her family members during the 2002 Gujarat riots.

At The Hottest Bollywood Party In Town!

At The Hottest Bollywood Party In Town!

Rediff.com6 Dec 2022

Manish Malhotra turned 56 on December 5 and film folk trooped in to celebrate with him.

Cockpit breach: DGCA fines Air India Rs 30L, pilot's licence suspended

Cockpit breach: DGCA fines Air India Rs 30L, pilot's licence suspended

Rediff.com12 May 2023

The pilot of Air India AI-915 Delhi-Dubai flight on February 27 allowed a woman friend to enter the cockpit, according to a complaint filed by a cabin crew member on the same flight.

Bridal Dreams, Served Sara Style!

Bridal Dreams, Served Sara Style!

Rediff.com12 Mar 2023

The vivacious actor turned showstopper for Punit Balana at the Lakme Fashion Week in Mumbai

Wipro Q2 net drops 9.6% to Rs 2,649.1 cr

Wipro Q2 net drops 9.6% to Rs 2,649.1 cr

Rediff.com12 Oct 2022

Wipro Ltd on Wednesday reported a 9.6 per cent drop in its net profit in the second quarter, on lower earnings from clients in non-US markets. The company reported a net profit of Rs 2,649.1 crore in July-September quarter, compared to Rs 2,930.6 crore in the same period a year back, the company said in a statement. Revenues rose to Rs 22,539.7 crore in the quarter under review, from Rs 19,667.4 crore a year-ago.

Mumbai builder dies by suicide after jumping from 23rd floor

Mumbai builder dies by suicide after jumping from 23rd floor

Rediff.com20 Oct 2022

Well known real estate developer Paras Porwal allegedly committed suicide by jumping from the 23rd floor of a building in Mumbai on Thursday, a police official said.

Sensex pares most losses; ends down 104 points

Sensex pares most losses; ends down 104 points

Rediff.com20 Dec 2022

Equity benchmarks recovered most of their intra-day losses and ended marginally lower on Tuesday amid buying in index majors Reliance Industries and Tata Consultancy Services. Helped by last minute buying activity in some of the index heavyweights, the 30-share BSE benchmark Sensex managed to trim most of its early declines and ended lower by 103.90 points or 0.17 per cent at 61,702.29. During the day, it had tumbled 703.51 points or 1.13 per cent to 61,102.68.

Markets end in red; auto, finance stocks weigh

Markets end in red; auto, finance stocks weigh

Rediff.com18 Nov 2022

Market benchmarks ended lower for the second straight session on Friday, paring their initial gains amid a mixed trend in the global equities. The 30-share BSE Sensex declined 87.12 points or 0.14 per cent to settle at 61,663.48. During the day, it fell 413.17 points or 0.66 per cent to 61,337.43.

Will This DGCA Plan Reduce Pilot Fatigue?

Will This DGCA Plan Reduce Pilot Fatigue?

Rediff.com6 Nov 2023

Increasing cases of aviators in India complaining of fatigue and in some cases leading to death have spurred the DGCA to bring in draft rules to reduce stress.

If Ambani Buys Disney Star...

If Ambani Buys Disney Star...

Rediff.com18 Nov 2023

Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'

As AIFs rise in popularity, PMS industry feels the heat

As AIFs rise in popularity, PMS industry feels the heat

Rediff.com12 Jul 2023

Portfolio management services (PMS), catering to higher networth individuals (HNIs), are facing tough competition from emerging alternative investment funds (AIFs), evident from their dwindling client base. In May, the number of clients for the industry stood at 125,390, down 20,528 in two months, shows data from the Securities and Exchange Board of India (Sebi). "PMS managers also have a high active ratio, which means their portfolios are quite differently positioned and more actively managed, compared to the benchmark, which is also a highlight for long-term investors.

Rise In Drunk Staff At Airports

Rise In Drunk Staff At Airports

Rediff.com3 Oct 2023

189 people working at 59 Indian airports were found drunk on duty in the first half of this year, marking a 32 per cent year-on-year increase.

Sensex, Nifty decline after 2-day rally as US markets tumble

Sensex, Nifty decline after 2-day rally as US markets tumble

Rediff.com19 Jan 2023

Equity benchmarks declined on Thursday after a two-day rally, mirroring a weak trend in the US markets and fresh foreign fund outflows. Weak US consumer data and hawkish comments from the Fed's policymakers dragged markets lower. The 30-share BSE Sensex dropped 187.31 points or 0.31 per cent to settle at 60,858.43.

Can AAP's Raghav Chadha be suspended as MP indefinitely, SC wants to know

Can AAP's Raghav Chadha be suspended as MP indefinitely, SC wants to know

Rediff.com30 Oct 2023

The top court said the exclusion of a member of the Opposition from the House just because of a perspective which may not be consistent with the viewpoint of the government is a serious issue.

How Air India Got Funds To Buy Planes

How Air India Got Funds To Buy Planes

Rediff.com8 Jul 2023

'The funds were arranged from multiple banks at a very competitive rate and converted into dollars at the best rates.'

HC verdict on ASI survey of Gyanvapi mosque on August 3

HC verdict on ASI survey of Gyanvapi mosque on August 3

Rediff.com28 Jul 2023

The Allahabad high court on Thursday reserved till August 3 its order on a plea against the survey of Gyanvapi mosque premises by the Archeological Survey of India.

Sensex snaps 2-day winning run; ends down 124 points

Sensex snaps 2-day winning run; ends down 124 points

Rediff.com10 Feb 2023

HCL Tech was the biggest loser on the Sensex chart, shedding 2.79 per cent, followed by Tata Steel, ICICI Bank, Reliance Industries, ITC, Wipro, Infosys and M&M. In contrast, Tata Motors, L&T, Bharti Airtel, HDFC Bank and SBI were among the winners, climbing up to 2.05 per cent.

Meet Bollywood's March STUNNERS

Meet Bollywood's March STUNNERS

Rediff.com29 Mar 2023

While Deepika Padukone grabbed everyone's attention at the Oscars, courtesy her towering presence and fashion choices, many other B-town divas also impressed us with their style picks in March.

US House recommends CAATSA waiver for India

US House recommends CAATSA waiver for India

Rediff.com15 Jul 2022

The legislative amendment was passed on Thursday by voice vote as part of an en bloc (all together as a single unit) amendment during floor consideration of the National Defence Authorisation Act (NDAA).