News for 'Punit'

Air India to Spend $400 Million On...

Air India to Spend $400 Million On...

Rediff.com12 Jun 2023

... changing seats and in-flight entertainment on its older aircraft.

Malegaon blast: Can't decide on charges against ex-ATS officer now, says court

Malegaon blast: Can't decide on charges against ex-ATS officer now, says court

Rediff.com4 Aug 2023

Disposing of the plea on August 1, special judge AK Lahoti, however, noted the contentions raised by the accused are kept open and he is at liberty to point them out at the time of final hearing.

Sensex declines 51 points; Nifty settles flat

Sensex declines 51 points; Nifty settles flat

Rediff.com12 Dec 2022

The Sensex ended over 51 points lower on Monday while the Nifty settled flat amid a weak trend in global markets and continuous foreign fund outflows. Markets are awaiting the November inflation data to be announced later in the day, traders said. The 30-share BSE Sensex declined 51.10 points or 0.08 per cent to settle at 62,130.57. During the day, it tumbled 505.52 points or 0.81 per cent to 61,676.15. The broader NSE Nifty ended at 18,497.15, marginally higher by 0.55 points.

The State Has Rolled The Dice Of Growth

The State Has Rolled The Dice Of Growth

Rediff.com25 Sep 2023

After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.

Rashmika Or Malaika? Vote For The Hottest Showstopper!

Rashmika Or Malaika? Vote For The Hottest Showstopper!

Rediff.com20 Mar 2023

Which celeb took your breath away? Take the poll and vote for your favourite.

Karnataka HC sets aside lower court bar on Congress's Twitter handles

Karnataka HC sets aside lower court bar on Congress's Twitter handles

Rediff.com8 Nov 2022

A division bench of the high court of Karnataka has set aside an order of a designated economic court that ordered blocking of @INCIndia and @BharatJodo Twitter handles calling it "punitive action."

Check out India's schedule on Day 6 of Asian Games

Check out India's schedule on Day 6 of Asian Games

Rediff.com24 Sep 2023

Following is the schedule of Indian contingent on day six of the Asian Games:

Ex-teachers, students seek DU college principal's apology over harassment

Ex-teachers, students seek DU college principal's apology over harassment

Rediff.com5 Apr 2023

They have also raised a host of questions regarding the incident questioning the management's action and reaction in a letter signed by all of them.

Indian-American engineer fired for talking in Hindi files lawsuit

Indian-American engineer fired for talking in Hindi files lawsuit

Rediff.com1 Aug 2023

Anil Varshney, a Senior Systems Engineer with Huntsville missile defence contractor Parsons Corporation, recently filed a federal lawsuit alleging systemic discriminatory actions that left him jobless in October last year.

Noel Tata's Retail Masterstroke

Noel Tata's Retail Masterstroke

Rediff.com8 Sep 2023

His value lifestyle brand Zudio signals a coming of age of retail in small town India.

Adani says examining legal options against Hindenburg

Adani says examining legal options against Hindenburg

Rediff.com26 Jan 2023

A day after Adani Group's shares took a beating as Hindenburg Research made damaging allegations against it, the group on Thursday said it is examining legal options to take "punitive action" against the US activist investor for its "reckless" attempt to sabotage a share-sale at the conglomerate's flagship firm. "The maliciously mischievous, unresearched report published by Hindenburg Research on January 24, 2023 has adversely affected the Adani Group, our shareholders and investors. "The volatility in Indian stock markets created by the report is of great concern and has led to unwanted anguish for Indian citizens," the group's lead head Jatin Jalundhwala said in a statement.

'Volume of AI Deals Is Growing Massively'

'Volume of AI Deals Is Growing Massively'

Rediff.com26 Jul 2023

'There is not one discussion with a client without a discussion around AI. They all have it on their mind.'

Markets settle lower on fag-end sell-off; Sensex falls 311 points

Markets settle lower on fag-end sell-off; Sensex falls 311 points

Rediff.com25 Aug 2022

Equity benchmarks ended lower on Thursday as a fag-end sell-off wiped out early gains, with IT and bank stocks playing spoilsport amid monthly derivatives expiry. After remaining in the positive territory for most part of the trade, the BSE Sensex suddenly came under selling pressure during the last half-hour of the session, declining 310.71 points or 0.53 per cent to settle at 58,774.72. During the day, it hit a high of 59,484.35 and a low of 58,666.41.

It's Bhediya time for Kriti-Varun!

It's Bhediya time for Kriti-Varun!

Rediff.com25 Nov 2022

The Varun Dhawan-Kriti Sanon starrer, Bhediya, has released to good reviews.

Derecognise Cong, file FIR against Sonia for 'sovereignty' remark, BJP tells EC

Derecognise Cong, file FIR against Sonia for 'sovereignty' remark, BJP tells EC

Rediff.com8 May 2023

The Congress, referring to Gandhi's speech at a campaign rally at Hubballi on Saturday, said in a tweet that the Congress Parliamentary Party Chairperson "sends a strong message to 6.5 crore Kannadigas,' and also posted pictures of her speaking at the public meeting.

Rashmika Steals The Style Show!

Rashmika Steals The Style Show!

Rediff.com31 Oct 2022

How to dress for a wedding the celeb way.

Commercial vehicle sales may grow 9-11% in FY24

Commercial vehicle sales may grow 9-11% in FY24

Rediff.com13 Feb 2023

Domestic commercial vehicle sales volume is expected to grow 9-11 per cent in FY24 driven by medium and heavy commercial vehicles and an estimated economic growth of around 6 per cent, rating agency CRISIL said on Monday. Besides, an increased allocation to infrastructure spending in the Union Budget for next fiscal year will support demand, it said. This would be the third consecutive year of growth in the domestic CV industry, according to CRISIL.

Kerala HC quashes transfer of judge who made remarks on women's attire

Kerala HC quashes transfer of judge who made remarks on women's attire

Rediff.com2 Nov 2022

At the same time, the bench also said the observations of the appellant in the bail order were indeed "derogatory to women and wholly uncalled for".

Jamiat Ulema-i-Hind moves SC over razing properties of riots-accused

Jamiat Ulema-i-Hind moves SC over razing properties of riots-accused

Rediff.com18 Apr 2022

The Jamiat Ulama-i-Hind has moved the Supreme Court seeking a direction to the Centre and some states, including Madhya Pradesh and Uttar Pradesh, that "precipitative actions" like razing buildings in criminal proceedings be not taken.

Invesco wanted to merge Zee with a big group: Goenka

Invesco wanted to merge Zee with a big group: Goenka

Rediff.com12 Oct 2021

In the continuing battle between the promoter family and Invesco, ZEEL said its MD and CEO Punit Goenka has informed its board about a proposal made by Invesco about the merger, under which Strategic Group would hold majority stake but he was offered to be appointed as MD and CEO of the merged entity besides offering 4 per cent stake. In a regulatory filing, ZEEL alleged that Invesco's stance in their Open Letter that they "will firmly oppose any strategic deal structure that unfairly rewards select shareholders, such as the promoter family, at the expense of ordinary shareholders" runs contrary to the very deal Invesco was proposing itself a few months ago.

SC flags bias in educational institutions, asks UGC to end it

SC flags bias in educational institutions, asks UGC to end it

Rediff.com6 Jul 2023

A bench of Justices AS Bopanna and MM Sundresh asked the UGC to furnish the details of steps taken on a plea by the mothers of Rohith Vemula and Payal Tadvi.

Kiara Parties With Karan Johar

Kiara Parties With Karan Johar

Rediff.com8 Aug 2022

Karan Johar had a busy weekend doing what he loves best: Partying!

Air India processes refunds worth over Rs 150 crore after privatisation

Air India processes refunds worth over Rs 150 crore after privatisation

Rediff.com27 Sep 2022

Air India said on Monday that it has processed passengers refunds of more than Rs 150 crore during the first few months after its privatisation. After winning the bid for Air India on October 8 last year, the Tata Group took charge of the airline on January 27. Since then, the airline has been taking multiple steps to address the legacy issues such as stuck refunds.

NCLAT stays insolvency proceedings against Zee

NCLAT stays insolvency proceedings against Zee

Rediff.com24 Feb 2023

In a major relief to media major Zee Entertainment Enterprises Ltd (ZEEL), the National Company Law Appellate Tribunal (NCLAT) on Friday stayed the insolvency proceedings initiated against it earlier this week. Admitting a petition filed by ZEEL Managing Director and chief executive Punit Goenka, the appellate tribunal issued notices to private sector lender IndusInd bank and the interim resolution professional directing them to file a reply in two weeks. NCLAT said the submissions made by both sides need a detailed hearing.

New bill moots up to Rs 250 cr fine for violating data protection norms

New bill moots up to Rs 250 cr fine for violating data protection norms

Rediff.com3 Aug 2023

The government on Thursday tabled the Digital Personal Data Protection Bill 2023 in the Lok Sabha with an aim to protect the privacy of Indian citizens, while proposing a penalty of up to Rs 250 crore on entities for misusing or failing to protect digital data of individuals.

3 CISF commandos sacked over security breach at NSA Doval's home

3 CISF commandos sacked over security breach at NSA Doval's home

Rediff.com17 Aug 2022

Doval is a 'Z plus' category protectee under the central VIP security list and the security cover is provided by the Special Security Group unit of the CISF.

How Air India plans to alert fliers about flight changes, delays

How Air India plans to alert fliers about flight changes, delays

Rediff.com2 Sep 2022

Air India will put in place new systems to proactively alert fliers about changes or delays in flight schedules and also set up a coordination team to address airport-specific issues, according to an internal communication. After reviewing block times, airport connecting times and aircraft as well as crew rotations, Tatas-owned Air India has identified various improvement areas for bettering overall performance. In the internal communication on Friday, Air India CEO and managing director Campbell Wilson said the airline would seek airport slots to carry out the improvements.

Zee cancels board meeting due to lack of quorum

Zee cancels board meeting due to lack of quorum

Rediff.com26 Oct 2021

Media major Zee Entertainment Enterprises Ltd (ZEEL) has cancelled its board meeting, scheduled to be held on Wednesday for considering the results for the July-September quarter, due to lack of quorum. In a regulatory filing on Tuesday, ZEEL said, "A meeting of the Board of Directors of the Company, which was scheduled to be held on Wednesday, October 27, 2021, inter alia, to consider and approve the unaudited financial results of the Company both on a standalone and consolidated basis for the 2nd quarter and half year ended September 30, 2021, has been cancelled due to lack of quorum." The development comes at a time when the company is battling it out the single-largest shareholders Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) and OFI Global China Fund LLC that together hold 17.88 per cent and have been pressing for an extraordinary general meeting of shareholders for removing managing director Punit Goenka, besides opposing ZEEL's proposed merger deal with Pictures Network India (SPNI).

Sebi proposes enhanced disclosure requirements for high-risk FPIs

Sebi proposes enhanced disclosure requirements for high-risk FPIs

Rediff.com1 Jun 2023

The Securities and Exchange Board of India (Sebi) has proposed stricter disclosure norms for certain foreign portfolio investors (FPIs) to bring in more transparency and trust against the backdrop of the Adani-Hindenburg Research saga. Under the new norms, FPIs with an exposure of more than 50 per cent to a single group or with assets of over Rs 25,000 crore will be tagged as 'high risk' and will be required to provide additional information such as full identification of their ownership, economic interests, and control rights. A failure to provide these disclosures will lead to invalidation of the FPI registration.

Zee : HC restrains Invesco from requisitioning EGM

Zee : HC restrains Invesco from requisitioning EGM

Rediff.com26 Oct 2021

The Bombay high court on Tuesday granted an interim injunction against Zee Entertainment Enterprise Ltd's (ZEEL) largest shareholder Invesco, restraining the latter from going ahead with the requisition of an extraordinary general meeting (EGM) seeking removal of the ZEEL MD and CEO Punit Goenka. A single bench presided over by Justice Gautam Patel said, "I have granted an injunction to the respondents." A detailed order of the court is awaited.

After strong run, retail demand feels the fatigue

After strong run, retail demand feels the fatigue

Rediff.com25 Apr 2023

The retail industry witnessed robust top-line growth for the greater part of the previous financial year, but demand has started to show signs of fatigue seen in the January-March quarter (fourth quarter, or Q4) of 2022-23 (FY23), especially in the apparel and innerwear segments. Jewellery, however, has managed to hold on to demand in the quarter. "In the discretionary space, demand moderation in urban markets is expected to impact the quick-service restaurant and apparel categories the most, while paint, luggage, and jewellery should see resilient growth," Systematic Institutional Equities observed in its preview of the sector.

Tata Motors to hike prices of commercial vehicles from Apr 1

Tata Motors to hike prices of commercial vehicles from Apr 1

Rediff.com22 Mar 2022

Homegrown auto major Tata Motors on Tuesday said it will hike prices of its commercial vehicles range by 2-2.5 per cent, depending upon individual model and variant, from April 1. The increase in the prices of commodities, such as steel, aluminium and other precious metals -- in addition to higher costs of other raw materials -- has incited this price hike of commercial vehicles, Tata Motors said in a regulatory filing.

Gorgeous Karishma. Sexy Sara

Gorgeous Karishma. Sexy Sara

Rediff.com24 Sep 2021

Rounding off the best celeb styles for the week.

Around 1,000 passenger complaints received against Air India in 3 months

Around 1,000 passenger complaints received against Air India in 3 months

Rediff.com19 Jul 2022

Around 1,000 passenger complaints have been received against Air India during the last three months related to various issues, including refund of fares, overbooking of flights, and staff behaviour, Minister of State for Civil Aviation V K Singh said on Monday. The Tata Group on January 27 took control of Air India after winning the bid for the airline on October 8 last year. "Ministry of Civil Aviation has been receiving grievances related to air transport, including Air India, on the various issues such as refund of fares, flight issues, staff behaviour, baggage issues, overbooking of flights, etc," Singh said in his written reply to a question in Rajya Sabha.

Jaishankar meets Russian FM Lavrov ahead of G20 meet

Jaishankar meets Russian FM Lavrov ahead of G20 meet

Rediff.com1 Mar 2023

External Affairs Minister S Jaishankar on Wednesday held wide-ranging talks with his Russian counterpart Sergey Lavrov focusing on the Ukraine conflict, bilateral ties and issues relating to the G20 foreign ministers' meeting.

Ban on single-use plastic kicks in from July 1

Ban on single-use plastic kicks in from July 1

Rediff.com30 Jun 2022

Violation of the ban will invite punitive action, including a fine or a jail term or both, detailed under Section 15 of the Environment Protection Act (EPA) and under bylaws of respective municipal corporations, they said. For effective enforcement of the ban, national and state-level control rooms have been set up and special enforcement teams formed to check illegal manufacture, import, stocking, distribution, sale and use of banned SUP items, officials in the ministry said.

What Alia REALLY Wants!

What Alia REALLY Wants!

Rediff.com30 May 2022

Karisma is missing someone...What's on Neha's mind...Sara jets off to Istanbul...

Zee board rejects Invesco's request for convening EGM

Zee board rejects Invesco's request for convening EGM

Rediff.com1 Oct 2021

At its meeting held on Friday, the company's board rejected the minority shareholders' demand and termed the requisition as "invalid and illegal". "In its meeting held on 1st October 2021, the board has arrived at a conclusion that the requisition is invalid and illegal; and has accordingly conveyed its inability to convene the Extraordinary General Meeting to Invesco Developing Markets Funds and OFI Global China Fund, LLC," ZEEL said in a statement.

When Aishwarya Stunned In Saris

When Aishwarya Stunned In Saris

Rediff.com7 Jul 2022

5 times Aishwarya Rai Bachchan sets hearts aflutter in a sari.

BJP releases 'sting' to claim AAP selling MCD poll tickets

BJP releases 'sting' to claim AAP selling MCD poll tickets

Rediff.com21 Nov 2022

The BJP released a sting video shot purportedly by a former AAP volunteer from north west Delhi's Rohini to allege the AAP sold tickets for Municipal Corporation of Delhi (MCD) polls.