News for 'Scheme of Arrangement'

Home Deal: 'Fair Or Has My Builder Cheated Me?'

Home Deal: 'Fair Or Has My Builder Cheated Me?'

Rediff.com24 Jun 2025

rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries

Water crisis splits couple in MP village; more break-ups feared

Water crisis splits couple in MP village; more break-ups feared

Rediff.com9 Apr 2025

A village in Madhya Pradesh's Dindori district is facing a severe water crisis, leading to a woman abandoning her husband and leaving with their children. The husband, Jitendra Soni, appealed to the district administration during a public outreach program, prompting authorities to take action. The Public Health Engineering department has been directed to resolve the water shortage, including connecting the village to an overhead tank in a neighboring village.

Govt will extend free ration scheme for 5 years: Modi

Govt will extend free ration scheme for 5 years: Modi

Rediff.com5 Nov 2023

Prime Minister Narendra Modi on Saturday said the government will extend for five years the free ration scheme, Pradhan Mantri Garib Kalyan Anna Yojana, covering 80 crore poor people.

Here's how much government spent on Manu's training

Here's how much government spent on Manu's training

Rediff.com29 Jul 2024

Bhaker finished third to secure a bronze medal in the final of the Women's Air Pistol event on Sunday. She became the first Indian woman to win a medal in shooting at the Olympics.

What's New for Indian Sports in This Year's Budget?

What's New for Indian Sports in This Year's Budget?

Rediff.com1 Feb 2025

Sports budget raised by over Rs 350 crore, Khelo India gets biggest share

What are India's free trade agreements?

What are India's free trade agreements?

Rediff.com6 May 2025

India finalised a free trade agreement with the UK, its 16th so far as the country aimed at boosting bilateral trade and investments. The other regions and countries with which India has signed such agreements include the four-nation European bloc EFTA, Japan, Korea and Australia.

Homebuyers Beware: No Sale Agreement, No Legal Rights

Homebuyers Beware: No Sale Agreement, No Legal Rights

Rediff.com6 Jun 2025

Registering the agreement for sale remains the most reliable way for a homebuyer to secure their legal and financial interests.

High points of Sitharaman's 8th Union Budget

High points of Sitharaman's 8th Union Budget

Rediff.com1 Feb 2025

These are the highlights of the Union Budget 2025-26 presented by Finance Minister Nirmala Sitharaman in Parliament on Saturday.

'I've No Desire To Be Prime Minister'

'I've No Desire To Be Prime Minister'

Rediff.com4 Jul 2025

'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'

'Pay Your Credit Card Loan ASAP'

'Pay Your Credit Card Loan ASAP'

Rediff.com29 Apr 2025

rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries

Brahmin couples offered Rs 1 lakh for having 4 children

Brahmin couples offered Rs 1 lakh for having 4 children

Rediff.com13 Jan 2025

The chief of the Madhya Pradesh Parshuram Kalyan Board has said he would pay Rs 1 lakh as reward to couples from the Brahmin community producing four children.

Harvinder lauds society's inclusivity for para athletes

Harvinder lauds society's inclusivity for para athletes

Rediff.com18 Mar 2025

'India is now adopting and recognising para sports and our performances.'

US slams India's telecom, electronics testing norms, standards

US slams India's telecom, electronics testing norms, standards

Rediff.com4 Apr 2025

The US wants India to recognise internationally accredited labs, harmonise labelling requirements and the validity period of test reports and certification with global practices, and eliminate retesting requirements.

Mary Kom, Paes, Saina on panel to groom future Olympians

Mary Kom, Paes, Saina on panel to groom future Olympians

Rediff.com10 Feb 2025

The Indian government has established two expert committees aimed at elevating the country's sports performance.

Equity boom spurs shareholder activism

Equity boom spurs shareholder activism

Rediff.com9 Dec 2024

Punit Goenka, the former director of Zee Entertainment Enterprises, is not the only one who lost his board seat due to shareholders' activism last fortnight. In recent past, institutional shareholders of several companies, including Nestle and Wipro, have pushed back against board proposals by taking an aggressive stance while voting.

Budget curtails carry-forward losses for mergers and acquisitions

Budget curtails carry-forward losses for mergers and acquisitions

Rediff.com4 Feb 2025

The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).

Sebi warns public against high returns via illegal schemes

Sebi warns public against high returns via illegal schemes

Rediff.com6 Jan 2014

In a public notice, the Securities and Exchange Board of India observed that some companies or entities are illegally mobilising funds from the public by making false promises of exorbitant rates of return under various schemes.

'My Mother Received An I-T Notice For...'

'My Mother Received An I-T Notice For...'

Rediff.com8 Apr 2025

rediffGURU Vipul Bhavsar answers readers' personal income tax queries.

Why India Needs Trump's Tariffs To Reform Again

Why India Needs Trump's Tariffs To Reform Again

Rediff.com10 Apr 2025

India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now. A drastic reduction in tariff protection, other elements of sarkari wet-nursing will force entrepreneurial India to become competitive again, argues Shekhar Gupta.

Crypto wrap 2024: Bitcoin, altcoins remain popular among Indian investors

Crypto wrap 2024: Bitcoin, altcoins remain popular among Indian investors

Rediff.com27 Dec 2024

The majority of crypto investors in the country have invested in mainstream virtual digital assets (VDAs) such as Bitcoins, altcoins like Dogecoin, Shiba Inu, and Ethereum, followed by non-fungible tokens (NFTs) and stablecoins, a compilation of year-end reports of crypto majors CoinDCX and CoinSwitch revealed. The crypto exchange platform CoinDCX reported that 14.6 per cent of total investments on its platform were allocated to Bitcoin, while CoinSwitch saw the share of the VDA at 7 per cent.

Jay Shah takes over as ICC chairman

Jay Shah takes over as ICC chairman

Rediff.com1 Dec 2024

Jay Shah expressed his vision to grow the global reach of the sport with a particular focus on the opportunity of the Olympic Games in Los Angeles in 2028.

ITC Hotels demerger gets shareholders nod

ITC Hotels demerger gets shareholders nod

Rediff.com6 Jun 2024

Diversified entity ITC on Thursday said it has received shareholders' approval to demerge ITC Hotels into a separate entity. Shareholders of ITC, in a virtual meeting held on Thursday through video conferencing/other audio-visual means, approved the resolution for the scheme of arrangement between ITC Ltd and ITC Hotels Ltd, the Kolkata-headquartered firm said in a regulatory filing. The proposal "has been approved and passed by the requisite majority of the Members, pursuant to Section 230(6) of the Companies Act, 2013", it added.

Scattered protests during Bharat Bandh over Agnipath scheme

Scattered protests during Bharat Bandh over Agnipath scheme

Rediff.com20 Jun 2022

Road and rail traffic was partially affected in some regions on Monday during a 'Bharat bandh' called against the Agnipath military recruitment scheme, while protests appeared to taper off in many states, with authorities stepping up security and imposing curbs after days of unrest.

An Agitation That Woke Up Kerala

An Agitation That Woke Up Kerala

Rediff.com20 Mar 2025

It was a protest which held a mirror to the government of a state taking pride in its commitment to democracy, gender equality and social indices.One person, who in his employed days had known governments and political parties at close quarters, told me that public perception of how the Kerala government handled the ASHA workers' strike had been terrible, reports Shyam G Menon.

Why EC announces LS poll on 544 seats instead of 543

Why EC announces LS poll on 544 seats instead of 543

Rediff.com16 Mar 2024

Kumar said the increase was due to Outer Manipur being counted twice, since polls will be held there in two phases.

Delhi govt claims Centre 'stalled' doorstep ration delivery scheme

Delhi govt claims Centre 'stalled' doorstep ration delivery scheme

Rediff.com5 Jun 2021

The Delhi government on Saturday claimed the Centre has 'stalled' its ambitious doorstep delivery of ration scheme that would have benefitted 72 lakh ration card holders in the national capital and termed the move 'politically motivated'.

BJP Concedes AIADMK Demands In Eagerness For Alliance

BJP Concedes AIADMK Demands In Eagerness For Alliance

Rediff.com26 Mar 2025

EPS has had its way on most things, alliance-wise. A week earlier, he reiterated that he would not re-admit OPS and Sasikala Natarajan back in the party. It was a message not just to detractors in the AIADMK. It was even more so for the BJP leadership in Delhi. Even more important for the AIADMK was their demand for accepting EPS as the chief ministerial candidate of any alliance that the party would form, observes N Sathiya Moorthy.

'Retirement Goal: Rs 2 Cr. Possible?

'Retirement Goal: Rs 2 Cr. Possible?

Rediff.com10 Jan 2025

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

Info on parties funding essential for voters, rules SC in electoral bonds case

Info on parties funding essential for voters, rules SC in electoral bonds case

Rediff.com15 Feb 2024

Holding that the electoral bonds scheme was not fool-proof, the Supreme Court said on Thursday that information about funds received by a political party is essential for voters to exercise their freedom to vote effectively.

Zee, Sony amicably settle disputes over their failed merger, to withdraw claims

Zee, Sony amicably settle disputes over their failed merger, to withdraw claims

Rediff.com27 Aug 2024

ZEE Entertainment Enterprises Ltd (ZEEL) and Sony Pictures Networks India on Tuesday said they have settled their six-month-long dispute related to the failed $10-billion merger and have agreed to withdraw all claims against each other. As part of the "comprehensive non-cash settlement" between ZEEL and Culver Max Entertainment Pvt Ltd (CMEPL), both "have mutually agreed to withdraw all respective claims against each other, in the ongoing arbitration at the SIAC and all related legal proceedings initiated in the NCLT and other forums," said a joint statement.

Sony gets 3 weeks to respond to Zee shareholder's petition

Sony gets 3 weeks to respond to Zee shareholder's petition

Rediff.com30 Jan 2024

The National Company Law Tribunal (NCLT) on Tuesday admitted a fresh petition filed by a Zee Entertainment Enterprises Ltd shareholder seeking enforcement of the now-cancelled merger deal between ZEEL and Sony. The Mumbai bench of NCLT also directed Sony Pictures Network India, now known as Culver Max, to file a reply within three weeks and fixed the next date of hearing on March 12. On January 21, Sony Group Corp (SGC), the Japanese parent company of Sony Picture Network India (SPNI) and BEPL, announced the termination of the $10 billion merger agreement with ZEEL, while seeking $90 million for breach of conditions besides initiating arbitration.

From Oct Delhi govt's free power scheme only for those who opt in

From Oct Delhi govt's free power scheme only for those who opt in

Rediff.com14 Sep 2022

With this move, the option to get Delhi government's power subsidy will no longer be available by default and every year, power consumers will be given an option to continue with power subsidy or not.

Reliance Retail valued at $34 bn in new share-swap scheme

Reliance Retail valued at $34 bn in new share-swap scheme

Rediff.com26 Dec 2019

Reliance Retail's shareholders will get one share of its listed parent, Reliance Industries, in exchange for every four shares, according to the scheme of arrangement.

Why Choose Fixed-Fee RIAs

Why Choose Fixed-Fee RIAs

Rediff.com27 Nov 2024

One reason the fee can't be lower than 3 per cent is that it is difficult for an RIA to do a good job and remain viable even at 3 per cent.

What awaits newly-elected MPs in New Delhi

What awaits newly-elected MPs in New Delhi

Rediff.com31 May 2024

Transit accommodation in the Western Court Annexe or state bhavans will be provided to the newly-elected members who don't already have a government house in Delhi till they are provided regular accommodation by the Lok Sabha's House Committee, it said.

Bengaluru women rush to open post office account after INDIA win rumour

Bengaluru women rush to open post office account after INDIA win rumour

Rediff.com29 May 2024

There was such a rush that more counters were opened outside the GPO building, under the open sky, he added.

How Will History Remember Chandrachud?

How Will History Remember Chandrachud?

Rediff.com2 Dec 2024

He could have blazed a trail that few Indian judges had. It was a missed opportunity of a lifetime, notes Ramesh Menon.

Paralympians Soar, But Await India Inc's Leap Of Faith

Paralympians Soar, But Await India Inc's Leap Of Faith

Rediff.com10 Sep 2024

'Historically, there hasn't been much representation around para-athletes from a brand perspective.' 'With their best medal tally in Paris, it has triggered considerable organic interest.'

When A PM Miraculously Escaped Air Crash

When A PM Miraculously Escaped Air Crash

Rediff.com17 Feb 2025

Wing Commander Raveendran and flight steward Sargeant Iyer, though shaken and injured, managed to open the rear door of the aircraft and shouted for Prime Minister Morarji Desai and the passengers in the forward cabin to exit in haste since they suspected that fire would engulf the aircraft.

Why RBI Cracked Down On P2P Lending

Why RBI Cracked Down On P2P Lending

Rediff.com22 Aug 2024

Following a review of peer-to-peer (P2P) platforms, certain issues -- including high non-performing asset levels, significantly high balances in escrow accounts, and non-compliance with net owned fund and disclosure requirements -- came to the RBI's attention.