News for 'SWIFT'

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Rediff.com7 Jul 2025

The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution professionals (RPs) and committees of creditors (CoCs) back to the drawing board to reassess their strategies for resolving corporate insolvencies.

'Pak troops were unable to handle foreign drones'

'Pak troops were unable to handle foreign drones'

Rediff.com20 May 2025

The Indian Army used Medium Machine Guns (MMGs) to target Pakistani Army forward posts along the Line of Control (LoC), inflicting heavy casualties during a ceasefire violation on the intervening night of May 7-8.

IT Bench Strengths Thin as Skills Evolve

IT Bench Strengths Thin as Skills Evolve

Rediff.com4 Jul 2025

'Keeping a bench increases cost. If you keep a bench, the skills may not remain relevant.' 'In the future, bench strength will literally be zero.'

Beginning Of The End For Trump?

Beginning Of The End For Trump?

Rediff.com16 Jul 2025

Unless Donald Trump takes a major U turn, this is possibly the beginning of the end for Trumpian politics, argues Colonel Anil A Athale (retd). Unless President Trump takes a major U turn, this is possibly the 'beginning of the end' for Trumpian politics driven by TV trp's, points out Colonel Anil A Athale (retd).

'We saw a missile and a drone fall from sky'

'We saw a missile and a drone fall from sky'

Rediff.com19 Jun 2025

The first flight carrying 110 Indian students, who were evacuated to Armenia from war-torn Iran, landed in Delhi in the early hours on Thursday.

'Human Error Verdict Keeps Dreamliner's Reputation Intact'

'Human Error Verdict Keeps Dreamliner's Reputation Intact'

Rediff.com30 Jun 2025

'Earlier, the NTSB was actively flagging technical issues with Boeing. But now, the narrative is shifting toward 'human error'.' 'That term is often misunderstood -- it could mean pilots, engineers, refueling staff -- anyone.' 'But this framing ('human error') conveniently steers the conversation away from mechanical or design faults.'

Tension escalates in Etawah after 'caste-based' tonsuring of preacher

Tension escalates in Etawah after 'caste-based' tonsuring of preacher

Rediff.com27 Jun 2025

Days after the alleged caste-based tonsuring of a Bhagwat Katha preacher and his aide in Etawah's Dandarpur village, tensions escalated on Thursday as members of Yadav groups staged protests demanding the arrest of all accused and withdrawal of the case registered against the victims.

Govt holds safety review after Air India crash, flight disruptions

Govt holds safety review after Air India crash, flight disruptions

Rediff.com20 Jun 2025

The ministry also said it remains committed to full transparency relating to the ongoing investigation and will follow all mandated protocols and norms in the larger interest of the highest standards of passenger Safety and convenience.

4th accused in Kolkata law college gangrape case held, police forms SIT

4th accused in Kolkata law college gangrape case held, police forms SIT

Rediff.com28 Jun 2025

The victim, in her written complaint to the police, alleged that the security guard did not help her.

AI 171 Crash: Fear Lingers Among Pilots

AI 171 Crash: Fear Lingers Among Pilots

Rediff.com1 Jul 2025

'This (crash) is one of those times where there is no concrete explanation yet for what happened. I think that adds to my parents' worry.'

India shoots down Pakistani kamikaze drones in Punjab

India shoots down Pakistani kamikaze drones in Punjab

Rediff.com10 May 2025

The Indian Army's Air Defence units successfully shot down multiple Kamikaze drones launched by Pakistan after they crossed the International Border in Punjab's Amritsar early Saturday morning. The drones, identified as Byker YIHA III models, were carrying high-explosive payloads and were headed towards densely populated civilian areas. The incident highlights the efficiency of India's multi-layered air-defence system.

Cockpit Voice Recorder found 4 days after AI plane crash

Cockpit Voice Recorder found 4 days after AI plane crash

Rediff.com16 Jun 2025

With the finding of both black boxes of the plane, it would be easy for investigators to ascertain the cause of the crash.

PSG's 19-year-old steals the UCL final spotlight

PSG's 19-year-old steals the UCL final spotlight

Rediff.com1 Jun 2025

Paris St Germain teenager Desire Doue, who was not even guaranteed a spot in the starting lineup, burst into instant stardom when he lit up the Champions League final as they thrashed Inter Milan 5-0 on Saturday.

Air India flight fell on ground right after take-off

Air India flight fell on ground right after take-off

Rediff.com12 Jun 2025

The Air India plane AI-171 from Ahmedabad to London crashed immediately after take-off from the Sardar Vallabhbhai Patel Ahmedabad airport on Thursday, as per the Gujarat State Police Control Room.

Day 5 of Assam gas leak: ONGC ropes in expert team, 1,500 people affected

Day 5 of Assam gas leak: ONGC ropes in expert team, 1,500 people affected

Rediff.com16 Jun 2025

The district administration said that air pollution is still within the acceptable limit and the local office of Pollution Control Board, Assam is closely monitoring the situation.

Quad condemns Pahalgam attack; silent on Pak, 4-day military conflict

Quad condemns Pahalgam attack; silent on Pak, 4-day military conflict

Rediff.com2 Jul 2025

The Quad grouping has called for bringing the perpetrators, organisers and financiers of the Pahalgam terror attack to justice without any delay and urged UN member nations to extend cooperation for it.

When a slip threatened the Kohli-De Villiers friendship

When a slip threatened the Kohli-De Villiers friendship

Rediff.com15 Jun 2025

In a rare moment of candour, de Villiers admitted that Kohli had ignored him for months last year, after what he calls a "blunder" involving the Indian cricketer's private life.

Gold smugglers arriving from Dubai abducted in UP, rescued

Gold smugglers arriving from Dubai abducted in UP, rescued

Rediff.com25 May 2025

Six alleged gold smugglers, who arrived from Dubai, were rescued after they were abducted by a gang impersonating as customs officers. The smugglers had ingested a total of 29 gold capsules, weighing around 950 grams. Two of the kidnappers were injured and arrested after a police encounter.

Seniors gang rape student inside Kolkata college, main accused linked to TMC

Seniors gang rape student inside Kolkata college, main accused linked to TMC

Rediff.com27 Jun 2025

A first-year student of a law college in south Kolkata was allegedly "gang-raped" inside the institution by an alumnus and two senior students of the institution, a police officer said on Friday.

Auto industry seeks govt's help for rare earth import from China

Auto industry seeks govt's help for rare earth import from China

Rediff.com8 Jun 2025

The automobile industry has sought government support in expediting approvals from the Chinese government for importing rare earth magnets used in various applications, including passenger cars. As per the industry sources, various domestic suppliers have already sought approval from the Chinese government through their local vendors in China.

Mumbai police to get 6th joint CP to oversee intel gathering

Mumbai police to get 6th joint CP to oversee intel gathering

Rediff.com16 May 2025

The Mumbai police will get another joint commissioner, the sixth such post, to oversee intelligence gathering, including keeping track of sleeper cells, an official has said.

'They killed people to claim money': 52 held in UP's Rs 100cr insurance scam

'They killed people to claim money': 52 held in UP's Rs 100cr insurance scam

Rediff.com5 Jun 2025

The Enforcement Directorate has also taken interest in the case and sought related documents and FIR copies from the local police, they added.

'No provocative slogans, display of weapons': Yogi on Kanwar Yatra, Muharram

'No provocative slogans, display of weapons': Yogi on Kanwar Yatra, Muharram

Rediff.com26 Jun 2025

"This entire period is highly sensitive in terms of law and order, healthcare, sanitation, education, and disaster management. Hence, all related departments and district administrations must work with coordination and accountability," Adityanath said, according to an official statement.

Pak violates ceasefire for 7th night despite DGMOs talks, India responds

Pak violates ceasefire for 7th night despite DGMOs talks, India responds

Rediff.com1 May 2025

The exchange of fire occurred even though the directors general of military operations of India and Pakistan spoke over the hotline on Tuesday amid rising tensions between the two countries over the Pahalgam terror attack on April 22.

Cyprus Prez Christodoulides, Modi view Turkish-occupied mountains

Cyprus Prez Christodoulides, Modi view Turkish-occupied mountains

Rediff.com17 Jun 2025

Modi, who visited Cyprus in the first leg of his three-nation visit, reiterated India's support for Cyprus's unity and for a peaceful resolution of the Cyprus Question based on UN Security Council resolutions, international law, and the EU Acquis.

Taylor Swift Makes History At Grammys

Taylor Swift Makes History At Grammys

Rediff.com5 Feb 2024

She is the first person to win Album of the Year four times, with her latest prize for Midnights.

The Kashmiri Militant Who Killed 300 Terrorists

The Kashmiri Militant Who Killed 300 Terrorists

Rediff.com8 Jul 2025

'A man with a gun commanded respect. I thought if I also got a gun, I could save my family. With this thought, I went to Pakistan and got training there'

Rare Earth Magnet Shortage: Will China Play Ball?

Rare Earth Magnet Shortage: Will China Play Ball?

Rediff.com25 Jun 2025

The 17 rare earth elements that are at the centre of the current crisis are critical components of everyday products -- from cars to jet engines to electronics like smartphones and flat-screen TVs.

SEE: Warm hugs as Shuks, 3 others enter space station

SEE: Warm hugs as Shuks, 3 others enter space station

Rediff.com27 Jun 2025

India's Group Captain Shubhanshu Shukla and three other astronauts on Thursday reached the International Space Station as the Dragon spacecraft docked with the orbital laboratory.

Army to visit homes of Kargil heroes' families ahead of Vijay Diwas

Army to visit homes of Kargil heroes' families ahead of Vijay Diwas

Rediff.com9 Jun 2025

The visiting personnel will also ascertain difficulties, if any, being faced by the "families of our war heroes", he said.

Adani Group to invest $5-20 bn over next 5 years

Adani Group to invest $5-20 bn over next 5 years

Rediff.com24 Jun 2025

The Adani Group plans to invest a record $15-20 billion across businesses over the next five years to chart out the next phase of growth, chairman Gautam Adani said on Tuesday as he touted the conglomerate's strong balance sheet and robust business to shrug off relentless scrutiny it faces. Record earnings from the businesses ranging from seaports to airports, renewable energy parks to data centres, cement to gas and electricity has built India's largest infrastructure group that not only exists just to serve the markets but to serve the nation's destiny, he said.

'Heartbreaking': Prez, PM, Rahul condole stampede deaths

'Heartbreaking': Prez, PM, Rahul condole stampede deaths

Rediff.com4 Jun 2025

President Droupadi Murmu, Prime Minister Narendra Modi and Congress top leaders Mallikarjun Kharge and Rahul Gandhi on Wednesday condoled the Bengaluru stampede deaths and the Bharatiya Janata Party asked the Congress government to own up responsibility for what it called the 'state-sponsored negligence'.

Alcaraz stretched; Shelton reaches 3rd round in 55 secs

Alcaraz stretched; Shelton reaches 3rd round in 55 secs

Rediff.com5 Jul 2025

Talk about a man in a hurry -- 10th seed Ben Shelton required just 55 seconds to finish off Australian Rinky Hijikata and reach the Wimbledon third round on Friday.

'Saw missiles in the sky': Indian students evacuated from Iran

'Saw missiles in the sky': Indian students evacuated from Iran

Rediff.com19 Jun 2025

"We saw missiles in the sky and heard bombs in our neighbourhood... We were petrified," said MBBS student Mir Khalif, his voice still trembling with fear, as he stepped out of the Delhi airport after being evacuated from war-hit Iran under Operation Sindhu.

Will Marathi Unite Thackeray Cousins?

Will Marathi Unite Thackeray Cousins?

Rediff.com5 Jul 2025

'Let's see how this love story shapes up in the run up to the municipal corporation election.'

FIH Pro League: Drama as India suffer narrow loss

FIH Pro League: Drama as India suffer narrow loss

Rediff.com12 Jun 2025

Goal disallowed, India lose 1-2 to Argentina for fourth straight defeat in Pro League

Illegal online betting growing fast in India

Illegal online betting growing fast in India

Rediff.com2 Jun 2025

Lacking basic safeguards and regulations, India is fast emerging as a hub for illegal online betting and gambling market, with the top 15 such unauthorised platforms logging an alarming over 5.4 billion visits in FY25, according to a report by public policy think-tank on consumer sovereignty.

Sehwag, Gambhir, Raina Hail 'Operation Sindoor'

Sehwag, Gambhir, Raina Hail 'Operation Sindoor'

Rediff.com7 May 2025

Indian cricketers - both past and present - have voiced strong support for the armed forces following a daring cross-border strike

11 soldiers killed in India's Op Sindoor, says Pak

11 soldiers killed in India's Op Sindoor, says Pak

Rediff.com13 May 2025

The military also claimed that 40 civilians, including seven women and 15 children, were killed and 121 others injured in strikes by India on the night of 6-7 May.

Jaiswal withdraws Goa move, wants to stay with Mumbai

Jaiswal withdraws Goa move, wants to stay with Mumbai

Rediff.com9 May 2025

India opener Yashasvi Jaiswal has reversed his decision to move to Goa and requested the Mumbai Cricket Association (MCA) to allow him to remain with the domestic giants.