News for 'Regulatory Services'

DGCA tells airlines how to handle unruly passengers

DGCA tells airlines how to handle unruly passengers

Rediff.com6 Jan 2023

The guidelines come in the wake of back-to-back two urination incidents on Air India flights last year.

Citibank to offer specialised health insurance services

Citibank to offer specialised health insurance services

Rediff.com20 Mar 2014

They combine financial protection and health and lifestyle management support for non-communicable diseases such as hypertension, diabetes, heart disease, cancers and tumours.

Wipro to acquire US-based HealthPlan Services for $460 mn

Wipro to acquire US-based HealthPlan Services for $460 mn

Rediff.com11 Feb 2016

Wipro's clients currently include over 100 US payers, healthcare providers, and public health agencies.

NSE makes more money than 98% of companies listed on it

NSE makes more money than 98% of companies listed on it

Rediff.com22 Sep 2023

The stock exchange on which they are traded boasts higher profits than most of the companies whose shares are hitting new highs. Only 37 of approximately 2,000 listed companies with comparable data for 2022-23 (FY23) reported higher profits, while the rest had lower profits. Despite rising corporate profitability, the universe of companies that outperform the National Stock Exchange (NSE) in terms of profitability has been shrinking of late, according to an analysis of companies with comparable data over the past seven years.

How Private Should Be A CEO's Life Be?

How Private Should Be A CEO's Life Be?

Rediff.com5 Dec 2023

Health issues, divorce, court battles, moral turpitude, and more can all distract the CEO and impinge on a company's performance. So, how much of their private life should a company disclose? asks Amit Tandon.

NCDEX, Skymet takes initial steps towards tradeable weather index

NCDEX, Skymet takes initial steps towards tradeable weather index

Rediff.com22 Aug 2023

India's leading commodity exchange, National Commodity and Derivatives Exchange (NCDEX), and private weather forecasting company Skymet took a significant step towards launching the country's first tradeable weather index on Monday (August 14) by entering into an agreement to deepen their understanding of the impact that weather has on agricultural commodities. The memorandum of understanding (MoU) between NCDEX and Skymet is a profound step in the direction of linking farmers with the weather in a scientific way, according to an official statement. Sources indicate that NCDEX and Skymet will conduct workshops and seminars across the country to educate farmers about how they can scientifically use weather forecasts to hedge risks.

GST Authority Summon Insurance Intermediaries

GST Authority Summon Insurance Intermediaries

Rediff.com2 Mar 2023

At least 120 insurance intermediaries and aggregators from across the country are under scrutiny, mainly from Mumbai, Gurugram and Bengaluru.

Why RBI Is Wary About Big Techs

Why RBI Is Wary About Big Techs

Rediff.com29 Dec 2021

They straddle many different (non-financial) lines of business with sometimes opaque overarching governance structures.

Anti-money laundering provisions imposed on cryptos

Anti-money laundering provisions imposed on cryptos

Rediff.com8 Mar 2023

The government has imposed anti-money laundering provisions on cryptocurrencies or virtual assets as it looks to tighten oversight of digital assets. In a gazette notification, the Finance Ministry said the anti-money laundering legislation has been applied to crypto trading, safekeeping and related financial services. After this, Indian crypto exchanges will have to report suspicious activity to the Financial Intelligence Unit India (FIU-IND).

Unions claim shortage of pilots at Air India

Unions claim shortage of pilots at Air India

Rediff.com15 Dec 2022

Two pilot unions at Air India have claimed that there is a shortage of pilots to operate the airline's long-haul and ultra-long haul flights. The concerns raised by the Indian Pilots Guild (IPG) and Indian Commercial Pilots Association (ICPA) also come against the backdrop of the Tatas-owned airline recently cancelling and rescheduling certain flights to and from the North American region due to crew shortage. In a joint letter written to Air India's chief human resources officer Suresh Dutt Tripathi on December 13, the unions said, "...we cannot maintain the printed planned roster due to a shortage of pilots, as CMS (crew management system) does not have standby pilots."

SC asks Kejriwal, LG to rise above 'political bickering'

SC asks Kejriwal, LG to rise above 'political bickering'

Rediff.com17 Jul 2023

The Supreme Court on Monday asked Delhi Chief Minister Arvind Kejriwal and Lieutenant Governor V K Saxena to rise above 'political bickering' and discuss who could head the national capital's power regulator Delhi Electricity Regulatory Commission (DERC), saying the two constitutional functionaries should get down to 'serious work of governance' away from glare of publicity.

Airlines told to keep a 'tight check' on fares

Airlines told to keep a 'tight check' on fares

Rediff.com5 Jun 2023

The government on Monday asked airlines to devise a mechanism to ensure reasonable airfares amid a surge in air ticket prices, particularly on certain routes that were earlier served by Go First. In the case of the unfortunate Odisha tragedy, airlines have been advised to provide free carriage (cargo) services to the families of the deceased, the civil aviation ministry said. During an hour-long meeting of the airlines advisory group, Civil Aviation Minister Jyotiraditya Scindia shared his concerns about the steep rise in airfares on certain routes.

Nirmalaji And Why I Quit The Government

Nirmalaji And Why I Quit The Government

Rediff.com15 Jan 2024

She said I treated her like a bachchi. At another moment, she said I had gone to various people and 'bitched' about her. She also threatened to bring the entire matter to the PM's notice. A revealing excerpt from Subhash Chandra Garg's We Also Make Policy: An Insider's Account of How the Finance Ministry Functions.

New mutual fund schemes with performance-based fee on anvil

New mutual fund schemes with performance-based fee on anvil

Rediff.com11 May 2023

The Securities and Exchange Board of India (Sebi) is considering a proposal to allow mutual funds (MFs) to charge a fee based on their performance, said Ananta Barua, whole-time member of the markets regulator. He said the proposal is being reviewed by a working group formed to look into cost structures. "One working group has been set up which is going to review... One of the suggestions is that if any scheme or fund is performing well above the benchmark, it (fee) can be linked to its performance.

'The agenda is 'insurance for all by 2047''

'The agenda is 'insurance for all by 2047''

Rediff.com31 Dec 2023

'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'

BSNL may file 4 tariff plans for basic services

BSNL may file 4 tariff plans for basic services

Rediff.com4 Mar 2003

Bharat Sanchar Nigam Ltd is likely to file three to four alternate tariff packages for basic telephony services with Telecom Regulatory Authority of India.

Trai for 100% foreign ownership in radio services

Trai for 100% foreign ownership in radio services

Rediff.com27 Jun 2005

Telecom Regulatory Authority of India on Monday recommended 100 per cent foreign ownership in satellite radio services and no entry and licence fee for the time being.\n\n

Sensex snaps 3-day losing run, climbs 298 points

Sensex snaps 3-day losing run, climbs 298 points

Rediff.com19 May 2023

Among the Sensex firms, Tata Motors jumped over 3 per cent. Tech Mahindra, Infosys, HCL Technologies, Axis Bank, Mahindra & Mahindra, ICICI Bank, UltraTech Cement and Kotak Mahindra Bank were the other major gainers. NTPC, Asian Paints, Titan and Power Grid were among the laggards.

P2P Lending: Barking Up The Wrong Tree

P2P Lending: Barking Up The Wrong Tree

Rediff.com24 Jan 2024

P2P platforms do not have the safety net. Instead of playing the role of an intermediary, if they run their own balance sheets for safety and growth, it's a recipe for disaster, warns Tamal Bandyopadhyay.

'We are confident our H2 will be better than H1'

'We are confident our H2 will be better than H1'

Rediff.com11 Nov 2023

'Our Q1 was almost flat, and there was very negligible growth in Q2, but the deal pipeline and the order book have been fairly significant.'

Revenue from telecom services rises to Rs 57,378 cr in Jan-Mar

Revenue from telecom services rises to Rs 57,378 cr in Jan-Mar

Rediff.com12 Jun 2014

Mobile phone service providers alone jointly reported gross revenue of Rs 55,164.18 crore (RS 551.64 billion).

WhatsApp India head Abhijit Bose quits

WhatsApp India head Abhijit Bose quits

Rediff.com15 Nov 2022

WhatsApp India head Abhijit Bose and Meta's public policy head Rajiv Aggarwal have resigned from their positions, social media major Meta said on Tuesday. The development comes within a week of Meta announcing 11,000 lay-offs across the globe. The company has given charge of Meta India Public Policy to Shivnath Thukral who is currently serving as Director of WhatsApp Public Policy in India.

Mixed show for AMCs in second quarter; limited scope for stock rally

Mixed show for AMCs in second quarter; limited scope for stock rally

Rediff.com8 Nov 2023

The 2023-24 (FY24) July-September quarter (second quarter, or Q2) proved to be a mixed period for asset management companies (AMCs). While the two largest listed AMCs, HDFC and Nippon, reported robust growth in both revenue and profits, the other two, Aditya Birla Sun Life and UTI, experienced profit declines. HDFC AMC reported an 18 per cent year-on-year increase in Q2 revenue to Rs 765 crore, while Nippon's revenue rose 15 per cent to Rs 475 crore.

Thousands of govt employees throng Ramlila maidan seeking old pension scheme

Thousands of govt employees throng Ramlila maidan seeking old pension scheme

Rediff.com1 Oct 2023

The protesters who had gathered under the banner of the Joint Forum for Restoration of Old Pension Scheme and National Joint Council of Action said they were worried about their post-retirement future.

Peeing incident: Air India fined Rs 30 lakh, pilot's license suspended

Peeing incident: Air India fined Rs 30 lakh, pilot's license suspended

Rediff.com20 Jan 2023

The incident came to the notice of the Directorate General of Civil Aviation (DGCA) only on January 4 and the latest actions are for violations of various norms.

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