News for 'SCOPE'

Should You Deposit Money In FD?

Should You Deposit Money In FD?

Rediff.com18 Jan 2024

Longer-tenure FDs generally give higher returns. Nonetheless, going for a tenure higher than two to three years is not advisable.

How Should You Invest In A Bull Market?

How Should You Invest In A Bull Market?

Rediff.com29 Dec 2023

The rising market poses a dilemma for investors on whether to continue buying, reduce equity holding, or exit equities altogether.

Why 810 Million Indians Need Free Rations

Why 810 Million Indians Need Free Rations

Rediff.com20 Nov 2023

Is it a case of poor targeting of a welfare scheme, or is it a reflection of the government's desire to expand the scope of this benefit to secure greater electoral dividends? asks A K Bhattacharya.

IBC: Timely support from the judiciary is MUST

IBC: Timely support from the judiciary is MUST

Rediff.com16 Dec 2023

IBC has been revolutionary in many ways and is a formidable instrument for stress resolution. And despite the room for improvement, the overall effectiveness of IBC in the distress space is unmatched, notes Saloni Kothari.

The Star Gazer Stars At TIME Gala

The Star Gazer Stars At TIME Gala

Rediff.com26 Apr 2024

At this year's TIME ball in New York City on Thursday, April 25, you would have run into a Coimbatore-born American scientist, looking lovely in Sabyasachi Mukherjee designer finery, who would most likely have been hanging out with Dua Lipa.

If Maratha quota is not given by December 24...: Jarange Patil

If Maratha quota is not given by December 24...: Jarange Patil

Rediff.com8 Nov 2023

Activist Manoj Jarange on Wednesday claimed that Maratha leaders earlier did not support quota for the community and there was also pressure from OBC leaders on the government for 30-40 years to not give reservation to Marathas.

'Aim to be strong fast-moving consumer goods company'

'Aim to be strong fast-moving consumer goods company'

Rediff.com28 Jan 2024

'Will make sure that we create value. We will again look for organic and inorganic opportunities.'

India, US ink pact to boost cooperation among startups, promote innovation

India, US ink pact to boost cooperation among startups, promote innovation

Rediff.com15 Nov 2023

India and the US have signed an agreement to promote innovation through increasing cooperation among startups, address regulatory hurdles and share best practices on fundraising by entrepreneurs, an official statement said on Wednesday. The memorandum of understanding (MoU) on enhancing innovation ecosystems through an innovation handshake under the framework of India-US Commercial Dialogue was signed on November 14 in San Francisco. Commerce and Industry Minister Piyush Goyal is in San Francisco.

'Ashok Gehlot's conscience is dead'

'Ashok Gehlot's conscience is dead'

Rediff.com14 Sep 2023

'And once someone is dead in a family the ritual is to shave your head.'

When ISI Alerted India About Terror Plot!

When ISI Alerted India About Terror Plot!

Rediff.com2 Feb 2024

The ISI was taking no chances and wanted no repeat of Pulwama; it wanted to make it clear at a political level it was not involved with the revenge attack being planned, but was only giving India a friendly tip-off. A stunning excerpt from Ambassador Ajay Bisaria's Anger Management: The Troubled Diplomatic Relationship between India and Pakistan.

LG bound by aid and advice of council of ministers of Delhi govt: SC

LG bound by aid and advice of council of ministers of Delhi govt: SC

Rediff.com11 May 2023

A five-judge constitution bench headed by Chief Justice DY Chandrachud said the term "administration" with regard to powers of the lieutenant governor cannot be understood as the entire administration of Delhi.

RBI's decision on connected lending may curb India Inc's powers

RBI's decision on connected lending may curb India Inc's powers

Rediff.com18 Dec 2023

The decision by the Reserve Bank of India to introduce a unified regulatory framework on connected lending for all the regulated entities (RE) is expected to reduce the influence of business conglomerates in the Indian lending space, said bankers and experts. "Connected lending pertains to lending to related parties within the same business group. "While the RBI might appear more agreeable to allowing business conglomerates to own banking licenses, it deems it crucial to bolster regulations that would prevent conglomerate-owned banks from gaming the system," said Shivaji Thapliyal, head of research and lead analyst, YES Securities.

Top 10 Tamil Action Films On OTT

Top 10 Tamil Action Films On OTT

Rediff.com7 Mar 2024

Arjun Menon looks at some Tamil films from the last decade that tick all the right boxes, and lists where you can watch them.

Do You Have Cyber Insurance?

Do You Have Cyber Insurance?

Rediff.com15 Dec 2023

Cyber insurance policies cover ransomware attacks and the ensuing damages, including ransom payments, data restoration costs, forensic and other first-party costs, and loss of profit due to business interruption.

Any law becomes 'obsolete' after 50 yrs: Shah on need to replace IPC

Any law becomes 'obsolete' after 50 yrs: Shah on need to replace IPC

Rediff.com7 Oct 2023

It will expedite disposal of cases as they won't get inordinately delayed, Shah said.

Mutual Funds add 77 mn SIP accounts in H1 to get back on high-growth track

Mutual Funds add 77 mn SIP accounts in H1 to get back on high-growth track

Rediff.com17 Oct 2023

After a short-term blip, mutual funds (MFs) are back to adding new systematic investment plan (SIP) investors at a record high pace, which was seen during the financial year 2021-22 (FY22). During the first six months (H1) of this financial year (FY24), MFs have added a net 77 million SIP accounts compared to 56 million during the same period of FY23. The net additions this year are a tad higher than the 76.5 million additions in H1 of FY22.

Sectors & stocks analysts are betting on post the state poll outcome

Sectors & stocks analysts are betting on post the state poll outcome

Rediff.com13 Dec 2023

The S&P BSE Sensex and the Nifty50 have hit record highs amid the poll outcome-triggered bull frenzy at the bourses. Most analysts feel that the indices are on course to rise further over the next few months - till the general elections - albeit amid intermittent corrections - largely triggered by global developments. Bharatiya Janata Party's (BJP's) win in the three state elections of Madhya Pradesh (MP), Rajasthan and Chhattisgarh, analysts at Jefferies believe, reinforces the consensus expectations of a Modi win 2024 national elections with a greater likelihood of over 300 seats for the BJP.

Finance Ministry Eyes Rs 50,000 Crore GST

Finance Ministry Eyes Rs 50,000 Crore GST

Rediff.com2 Nov 2023

'This year's detection of frauds and probable recovery will be mainly driven by several compliance measures put in place, and amendments made to the GST regime to plug revenue leakages particularly in new-edge sectors.'

Jio Financial Services becomes India's most valued NBFC behind Bajaj twins

Jio Financial Services becomes India's most valued NBFC behind Bajaj twins

Rediff.com28 Jul 2023

Jio Financial Services, a unit of Mukesh Ambani's Reliance Industries (RIL), got valued at Rs 1.66 trillion ($20 billion) following an hour-long special trading session conducted by stock exchanges on Thursday. Shares of RIL's unit got priced at Rs 261.85 apiece - higher than analysts' expectations of Rs 134-224 per share. The price was arrived at after calculating the difference between RIL's Wednesday (July 19) close of Rs 2,840 and Rs 2,580, the price discovered during the first-of-its-kind pre-trade session.

Go First: NCLT rejects lessors' petitions to take possession of planes

Go First: NCLT rejects lessors' petitions to take possession of planes

Rediff.com26 Jul 2023

Insolvency tribunal NCLT on Wednesday rejected Go First lessors' petitions to take back the planes leased to the grounded airline, and said the aircraft are available for resumption of operations since aviation regulator DGCA has not deregistered them. A two-member bench of the National Company Law Tribunal (NCLT) held that physical possession of the aircraft/engines would be "indisputably" with Go First and lessors cannot claim possession during the Corporate Insolvency Resolution Process (CIRP) of the carrier. According to the tribunal, aircraft and its engines are the sole essence of Go First's business and if taken away, it would result in its "corporate death" leaving no scope for its resolution.

Ammonia gas leak in fertilizer plant in Chennai; 52 hospitalised

Ammonia gas leak in fertilizer plant in Chennai; 52 hospitalised

Rediff.com27 Dec 2023

A number of persons fainted after experiencing 'burning sensation' in their throat and chest. Many people who were asleep woke up in panic and scurried out of their homes and alerted neighbours and all of them soon reached the main roads unsure of what to do.

Kejriwal skips ED summons, AAP alleges bid to arrest

Kejriwal skips ED summons, AAP alleges bid to arrest

Rediff.com4 Jan 2024

Delhi Chief Minister Arvind Kejriwal on Wednesday skipped the third summons by the Enforcement Directorate (ED) in connection with the Delhi excise policy case and cited Rajya Sabha polls, Republic Day preparations and the probe agency's 'non-disclosure and non-response approach' as reasons for not appearing before it.

Eagerly awaiting Chandrayaan-3's Moon landing: Sunita Williams

Eagerly awaiting Chandrayaan-3's Moon landing: Sunita Williams

Rediff.com22 Aug 2023

The NASA astronaut with a storied career in space exploration also commended India's substantial role in shaping the field of space exploration.

'Successful listing is true justice to RE development in country'

'Successful listing is true justice to RE development in country'

Rediff.com24 Dec 2023

'This is not just the IREDA's IPO. It is the success of the ministry of new and renewable energy and of the renewable energy industry.'

'My 7 years in Anda cell were the most inhuman form of solitary confinement'

'My 7 years in Anda cell were the most inhuman form of solitary confinement'

Rediff.com18 Mar 2024

'When there was no crime committed, everything had to be fabricated. They see it as a war, and everything is fair in love and war.'

Role of 2 outfits being probed in Parliament security breach

Role of 2 outfits being probed in Parliament security breach

Rediff.com14 Dec 2023

Four persons arrested in connection with the security breach in Parliament have been charged under the anti-terror law UAPA besides sections of the Indian Penal Code, police sources said on Thursday as security agencies were on the hunt to nab the alleged mastermind.

Why MoSha Picked B L Sharma As Rajasthan CM

Why MoSha Picked B L Sharma As Rajasthan CM

Rediff.com14 Dec 2023

The BJP has played the social engineering card in Rajasthan with an eye on the Lok Sabha election where the party will try and retain all the 25 seats that it had won in the 2014 and 2019 elections.

RS chairman refers new IPC, CrPC bills to standing committee

RS chairman refers new IPC, CrPC bills to standing committee

Rediff.com19 Aug 2023

The bills -- the Bharatiya Nyaya Sanhita, Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Bill -- were introduced in the Lok Sabha by Home Minister Amit Shah on August 11.

SC refuses to transfer Adani probe to CBI, fully backs SEBI

SC refuses to transfer Adani probe to CBI, fully backs SEBI

Rediff.com3 Jan 2024

In a significant win for the Adani group, the Supreme Court on Wednesday refused to transfer the probe into allegations of stock price manipulation by the Indian corporate giant to a special investigation team or the CBI, saying market regulator SEBI was conducting a "comprehensive investigation" and its conduct "inspires confidence".

'There still is a scope for one more policy rate cut'

'There still is a scope for one more policy rate cut'

Rediff.com7 Jun 2016

The Reserve Bank of India kept its policy interest rate unchanged at a five-year low of 6.50 percent on Tuesday.

Growth and margin uptick critical for gains in Divi's Laboratories

Growth and margin uptick critical for gains in Divi's Laboratories

Rediff.com17 Nov 2023

Rise in input costs, inventory write-off, and pricing pressures led to a drop in gross margins. Higher competitive pressures led to cuts in operating profit margins and earnings estimates for FY24 and FY25. Most brokerages have a 'neutral' or a 'reduce' rating on the stock on account of valuations.

Over 100,000 small and mid-sized firms flout GST e-invoicing rules

Over 100,000 small and mid-sized firms flout GST e-invoicing rules

Rediff.com17 Nov 2023

Over 100,000 small and medium-sized businesses are non-compliant with e-invoicing norms under the goods and services tax (GST) regime, a mandatory requirement for businesses with an annual turnover of over Rs 5 crore. E-invoicing provides real-time access to invoices that are prepared by the supplier on the purchase of goods, allowing faster accessibility to input tax credit, thereby limiting the manipulation of fake credit as it has to be generated before the transaction. "The default has been reported mainly in businesses with a turnover between Rs 5 crore and Rs 20 crore," a senior official informed

ABSL MF's conviction play sets stage for turnaround in performance

ABSL MF's conviction play sets stage for turnaround in performance

Rediff.com28 Sep 2023

After nearly four years of underwhelming performances in equity schemes, Aditya Birla Sun Life Mutual Fund (ABSL MF) is experiencing a revival. During the first quarter of the 2023-24 financial year (Q1FY24), the fund house arrested its declining market share, bolstered by stronger equity fund results and subsequent ratings upgrades. Mahesh Patil, the chief investment officer, attributes this resurgence to changes in the fund management team and adjustments to investment strategies.

Pak must throw out beggar's bowl: Army chief amid economic crisis

Pak must throw out beggar's bowl: Army chief amid economic crisis

Rediff.com25 Jul 2023

In July, the Pakistan government's debt swelled to USD 2.44 billion, including USD 2.07 billion in non-guaranteed debt owed to China, as per Geo News.

The People Mumbai Forgot

The People Mumbai Forgot

Rediff.com5 Feb 2024

'When the mill strike started, there was crisis in every mill worker household.' 'One entire generation went without education.' 'Hunger forced them to take to crime.'

Budget: Will Nirmalaji Loosen Purse Strings For Poll Gains?

Budget: Will Nirmalaji Loosen Purse Strings For Poll Gains?

Rediff.com18 Jan 2024

The finance minister's assertion that industry should not expect any spectacular announcements in the 2024 interim Budget suggest that the electoral imperatives of more tax concessions or higher expenditure on welfarist programmes could be far less pronounced than they were before the 2019 interim Budget, expects A K Bhattacharya.

No scope left for BJP to defend Raje, says Sachin Pilot

No scope left for BJP to defend Raje, says Sachin Pilot

Rediff.com25 Jun 2015

Congress said the BJP should ask Rajasthan Chief Minister Vasundhara Raje to step down as it can no longer "continue to defend the indefensible".

Health check for healers: The big audit firms are under the NFRA lens

Health check for healers: The big audit firms are under the NFRA lens

Rediff.com17 Jan 2024

In recent times, more and more audit firms have challenged company managements, some going to the extent of resigning on the ground of incompatibility with what the management wanted or was doing. This, said Ajay Bhushan Pandey, chairman of the National Financial Regulatory Authority (NFRA), in a media interview, was a good sign. Now, the national accounting watchdog has turned the spotlight on audit firms themselves.

'I want to play dynamic characters. No repeat characters'

'I want to play dynamic characters. No repeat characters'

Rediff.com14 Dec 2023

'In Bangladesh, I have played so many dynamic characters, be it a freedom fighter, a circus trapeze artist, sex worker, and many more.'

SC upholds Lakshadweep's meat exclusion from midday meals in schools

SC upholds Lakshadweep's meat exclusion from midday meals in schools

Rediff.com14 Sep 2023

A bench of Justices Aniruddha Bose and Bela M Trivedi dimissed the plea challenging the decision of the Lakshadweep administration and said courts cannot intervene in administrative decisions.