'The government is just laying foundation stones everywhere.' 'It has hardly inaugurated anything.'
A banker from Jaipur in Rajasthan tells Rediff.com's A Ganesh Nadar what he would like to see in Finance Minister Nirmala Sitharaman's Budget.
'The real India lives in the villages where everyone is trying to improve the other.'
JM Financial, Axis Bank, and Bank of America have been roped in as the bankers to run the mandate, say sources.
'When I contracted COVID and was extremely unwell, I almost thought I was not going to make it.' 'But this man (Karan Johar) was like family for us in Bombay. He would send doctors for me, made sure my medication was done correctly and made sure I came out of COVID.'
In what is amongst the first focused fund in the space, India Media Entertainment Fund (IMEF) is raising Rs 500 crore, which will provide both equity as well as instruments like non-convertible debentures (NCD) to companies in the content, distribution platform and services areas. The private equity fund has appointed a high-profile advisory body which includes ad guru Prahlad Kakkar, managing director of Red Chillies Entertainment and cricket team KKR Sports, actress and entrepreneur Raadhika Sarathkumar, who has starred in Malayalam, Hindi and Kannada films and runs Radaan Mediaworks. It also includes Ramnath Pradeep, former chairman and managing director of Corporation Bank, and Rajesh Gupta, senior partner of law firm SNG Partners.
Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.
To prevent the spread of COVID-19 in the metropolis, Singh has asked the city police force to take strict action against those not wearing masks in public places, the official said.
Shortages of chips will impact the car market
Deepika Padukone is set to begin her next with Hrithik Roshan, one waits to see if this would be a start of a new innings with her latest co-star.
Jailed gangster and former member of Parliament Atiq Ahmad and his wife on Tuesday joined the All India Majlis e Ittehadul Muslimeen in the presence of its chief Asaduddin Owaisi, drawing a sharp reaction from the Bharatiya Janata Party which said Chief Minister Yogi Adityanath will not allow "Jinnah's jihadi mentality" to flourish in Uttar Pradesh.
Vodafone Idea's cash flow analysis indicates that its situation may remain challenging even after any relief measures, and the telco needs "meaningful capital infusion" with a long gestation period to become competitive, a report by Credit Suisse said on Wednesday. The report expects Airtel to be "well placed" in either of the scenarios, of two-private-operator sector, or three private operators post an industry repair. The note by Credit Suisse on the Indian telecom sector said there has been increasing interest among investors to evaluate valuations of Bharti Airtel and Indus Towers under two situations, in the wake of recent developments.
IndusInd Bank was the top gainer in the Sensex pack, zooming around 8 per cent, followed by PowerGrid, Dr Reddy's, Sun Pharma, NTPC and Axis Bank. On the other hand, UltraTech Cement, Maruti, ITC, Kotak Bank and Asian Paints were among the losers.
India on Monday set aside over Rs 7,100 crore in its budget for 2021-22 as development assistance for countries in its neighbourhood as well as in Africa and Latin America, with Bhutan getting the maximum allocation of Rs 3,004 crore while Rs 100 crore will be given to Chabahar port project in Iran.
The economics and pricing of the Covishield vaccines and the government's own decision to pay higher prices raise more than a few questions, observes Prosenjit Datta.
The court allowed the group to re-auction certain properties in Ajmer, Firozabad, Vellore, Tiruchirappalli and Ujjain for which the bidding was at a much higher price
Adar Poonawalla said the real challenge lies in taking the vaccine to the "common man, to the vulnerable groups of people and to healthcare workers".
An internal working group set up by the RBI has proposed to raise the cap on promoters' stake in private banks from the current 15 per cent to 26 per cent in 15 years. The group has also recommended that large corporate or industrial houses may be allowed as promoters of banks only after amendments to the Banking Regulation Act and strengthening of the supervisory mechanism for conglomerates, including consolidated supervision. The Reserve Bank of India had constituted the internal working group (IWG) on June 12, 2020, to review extant ownership guidelines and corporate structure for Indian private sector banks.
ED has come across two immovable assets - one flat in Dubai and one land parcel in London. It is examining the valuation of both properties, estimated between Rs 150 crore and Rs 200 crore.
As many as 17 films entered the Rs 100 Crore Club in 2019.
According to the latest report from Stranded Workers Action Network (SWAN), a voluntary effort started in March 2020 to mobilise relief for stranded migrant workers, almost 92 per cent workers, whom the group contacted between April 21 and May 31, had not received any money from their employer. This was after restrictions were imposed and work had stopped. The survey, which was conducted among 1,396 worker groups, adding up to 8,023 people that included 4,836 women and children, showed that 76 per cent of the workers had less than Rs 200 left with them.
The chargesheet was filed by the agency early this month before a special Prevention of Money Laundering Act court in New Delhi and the Enforcement Directorate named Chandrashekhar, his wife Leena Maria Paul and six others in it.
Some films have done predictably well at the box office while others have emerged as surprise hits.
But why is everyone getting so het up over what, after all, is a mere film? If you don't like it, don't watch it. Why create a public spectacle over it? asks Virendra Kapoor.
Badminton rackets used by the Paralympic gold medallist, the javelin which brought India its first gold in the Olympics and gloves worn by the bronze medal winning athlete are among Prime Minister Narendra Modi's mementos which are drawing the highest bids currently on the culture ministry website which is e-auctioning them.
As Kareena Kapoor celebrates her 20 years in the industry, here is presenting her Top 10 biggest grossers.
The department notified ITR 1-Sahaj and ITR 4-Sugam in January against the usual practice of notifying returns in April, with disclosure requirements related to cash deposits, spending on foreign travel, and electricity. The notification of the returns followed Budget announcements making income-tax return filing mandatory for certain persons even if their income was below the taxable limit.
Vishwas Mote, assistant municipal commissioner (K-West ward), said on Thursday that since the past seven days they have made people do community service in the form of sweeping roads if they unnecessarily argue with officials or refuse to pay fine for not wearing a mask.
Rediff Fashion Fest - 5 Women's Fashion Trends of 2016
The party also promised to end the mafia raj by creating corporations for the sale of liquor and sand mining.
Sebi also plans to examine if any comments made by company officials or the bankers could have misled investors.
Accounting for the first Advance Estimates for 2017-18, an additional planned borrowing of Rs 200 billion, the fiscal deficit could come in at 3.35 per cent of GDP.
Joginder Tuteja looks at the forthcoming films, and also looks back at how successful this genre has been in the past.
Verification of 733 persons under the four categories of bedridden, mentally challenged, physically handicapped and those suffering from cancer has been completed, Kasaragod collector said.
Pinky Irani alias Angel, 53, was arrested in this case by the agency in December last year. She was recently granted bail by a Delhi court.
Ramesh Menon, the veteran journalist suggests Prime Minister Narendra Damodardas Modi what he should do if he wants to win 2024 Lok Sabha elections.
Uncertainties on account of COVID-19 pandemic have increased the demand for currency notes not only in India but across the globe, official sources said, dismissing the criticism that demonetisation has failed to reduce cash in the economy. Government sources said that growth of the digital payments system post-demonetisation will ultimately curb the dependence on cash. Official data points out a jump in digital payments through different modes, including plastic cards, net banking and Unified Payments Interface (UPI).
Joginder Tuteja looks at the big December hits in the past decade.
Joginder Tuteja looks back at how Hindi movies have done during this festive season in the last decade.
'This is the best time to do a pan-Indian film.'
