News for 'Scheme of Arrangement'

Tata Motors to demerge passenger, commercial biz

Tata Motors to demerge passenger, commercial biz

Rediff.com4 Mar 2024

Tata Motors on Monday announced the demerger of its commercial and passenger vehicle segments into two separate listed entities to better capitalise on growth opportunities. The commercial vehicles business and its related investments would be housed in one entity while the passenger vehicle business, including electric vehicles, Jaguar Land Rover (JLR) and its related investments, would be part of the second entity, the auto major said in a regulatory filing. Tata Motors chairman N Chandrasekaran said that Tata Motors has scripted a strong turnaround in the last few years.

Kejriwal's poll guarantees include 24x7 power supply, 2 cr jobs for youths

Kejriwal's poll guarantees include 24x7 power supply, 2 cr jobs for youths

Rediff.com12 May 2024

On the announcement of his gurantees, Kejriwal said, "I have not discussed with my INDIA bloc partners about this. I will press upon my INDIA bloc partners to fulfill these guarantees."

Ex-Agniveers to get 10% reservation, age relaxation in CAPFs

Ex-Agniveers to get 10% reservation, age relaxation in CAPFs

Rediff.com24 Jul 2024

A provision has been made for relaxation in the upper age limit and exemption from the Physical Efficiency Test in the recruitment to the post of constable (general duty) and rifleman in the CAPFs and Assam Rifles for ex-Agniveers, Minister of State for Home Affairs Nityanand Rai said in response to a written question.

Direct Cash Transfer scheme not complex: FM

Direct Cash Transfer scheme not complex: FM

Rediff.com24 Dec 2012

Addressing officials of Puducherry government and various banks at a meeting organised by state level Bankers Committee in Puducherry, Chidambaram said 'with the availability of banking technology, the scheme is not a complex arrangement but an easy programme.'

On Kargil Vijay Diwas, Modi hails Agnipath, targets Opposition

On Kargil Vijay Diwas, Modi hails Agnipath, targets Opposition

Rediff.com26 Jul 2024

Prime Minister Narendra Modi on Friday said the Agnipath scheme is an example of necessary reforms undertaken by the Army and accused the opposition of playing politics over the recruitment process aimed at keeping the average age in armed forces young.

Adityanath meets UP violence victim's kin; 50 held, internet suspended

Adityanath meets UP violence victim's kin; 50 held, internet suspended

Rediff.com15 Oct 2024

Over 50 people have been arrested after the communal violence in Maharajgaj town, officials said on Tuesday, as markets remained shut and people stayed indoors for a second day in a row amid heavy deployment of police and other security personnel.

All is not well in Amethi: Villagers threaten poll boycott over bad roads

All is not well in Amethi: Villagers threaten poll boycott over bad roads

Rediff.com19 Mar 2024

A banner came up outside Purey Alpi Tiwari hamlet in Sarmeny village under Jamo block on Monday warning to boycott the coming elections with the locals raising slogans.

Record wheat output expected, arranging storage for harvest a worry

Record wheat output expected, arranging storage for harvest a worry

Rediff.com19 Feb 2020

India is expected to harvest 291.95 mt of foodgrain in 2019-20

Sebi cautions against illicit high-return schemes

Sebi cautions against illicit high-return schemes

Rediff.com17 Dec 2014

Sebi, which has been given powers to take action against all unregulated money pooling schemes worth over Rs 100 crore (Rs 1 billion) besides all public issuances of securities, has issued this fresh caution notice at a time when a large number of people have been duped by numerous schemes in various states and enforcement action is underway against such operators.

Tribunal reserves order on Zee, Sony merger

Tribunal reserves order on Zee, Sony merger

Rediff.com11 Jul 2023

The National Company Law Tribunal (NCLT) has reserved its order on the merger of Zee Entertainment Enterprises and with Culver Max Entertainment (earlier known as Sony Pictures Networks India). The Mumbai bench of NCLT, comprising H V Subba Rao and Madhu Sinha, reserved the order on Monday, after hearing arguments from creditors who objected to the scheme including Axis Finance, JC Flower Asset Reconstruction Co, IDBI Bank, Imax Corp and IDBI Trusteeship. In December 2021, Zee Entertainment and Sony Pictures had agreed to merge their businesses.

Voter's right trumps donor's privacy: SC on electoral bonds

Voter's right trumps donor's privacy: SC on electoral bonds

Rediff.com16 Feb 2024

A voter's right to know is 'far too important' in democracy than the privacy of a donor, Supreme Court judge Justice Sanjiv Khanna said on Thursday as the apex court scrapped the 2018 electoral bond scheme for funding political parties.

Companies bribed parties via electoral bonds for projects: Prashant Bhushan

Companies bribed parties via electoral bonds for projects: Prashant Bhushan

Rediff.com12 May 2024

He said a petition has been filed before the Supreme Court, seeking an independent probe by a special investigation team into the alleged nexus between political parties and companies for corruption through electoral bonds.

HC green signal to UP's Banke Bihari temple corridor

HC green signal to UP's Banke Bihari temple corridor

Rediff.com21 Nov 2023

A bench comprising Chief Justice Pritinker Diwaker and Justice Ashutosh Srivastava passed the order while hearing a PIL filed by Anand Sharma and another person from Mathura.

'Electoral Bonds Biggest Scam In India'

'Electoral Bonds Biggest Scam In India'

Rediff.com10 Apr 2024

'There is no scope for any doubt. This was a scheme designed to enrich the ruling party.'

SC strikes down electoral bonds as 'unconstitutional', orders disclosure of donors

SC strikes down electoral bonds as 'unconstitutional', orders disclosure of donors

Rediff.com16 Feb 2024

In a landmark judgment that delivered a big blow to the government, the Supreme Court on Thursday annulled the electoral bonds scheme, saying it violates the constitutional right to freedom of speech and expression as well as the right to information.

Is Your Car Insured For This Monsoon?

Is Your Car Insured For This Monsoon?

Rediff.com9 Jul 2024

It is essential to have a comprehensive motor policy, and not just a third-party cover, as the latter does not protect your own vehicle.

How RSS Plans To Win Vidarbha For BJP

How RSS Plans To Win Vidarbha For BJP

Rediff.com18 Nov 2024

'BJP and RSS may have differences over minor issues but their hearts long for one common aim -- that of A Hindu Rashtra.' 'And this time to prove this point the RSS has prepared to help BJP win this election with all its might.'

28 dead as rains wreak havoc across north India

28 dead as rains wreak havoc across north India

Rediff.com11 Aug 2024

At least 28 people died in rain-related incidents Sunday as heavy downpours lashed north and northwest India, causing landslides, traffic chaos and house collapses, as well as a dam breach which inundated several villages in Haryana.

Voting advisory firms divided over FMCG major ITC's hotel demerger move

Voting advisory firms divided over FMCG major ITC's hotel demerger move

Rediff.com4 Jun 2024

Three leading domestic voting advisory firms are not on the same page over the proposed demerger and separate listing of ITC's hotel business, ITC Hotels. Institutional Investor Advisory Services (IiAS) has recommended a vote "against" the resolution, while InGovern and Stakeholders Empowerment Services (SES) have advised their clients to vote in favour. Voting on the resolution is currently underway.

Himachal cloudbursts: Rescuers, drones join search for 45 missing; 8 dead

Himachal cloudbursts: Rescuers, drones join search for 45 missing; 8 dead

Rediff.com2 Aug 2024

Rescue operations were underway on Friday to trace over 45 people missing following flash floods triggered by cloudbursts in three districts of Himachal Pradesh, officials said on Friday.

How To Claim Health Insurance Money

How To Claim Health Insurance Money

Rediff.com29 Jul 2024

Follow these steps to avoid last-minute surprises while claiming your mediclaim -- via cashless or reimbursement method, says P V Subramanyam

Indian Parents Risk Savings For Child's Education

Indian Parents Risk Savings For Child's Education

Rediff.com12 Sep 2024

For Indian parents, sending a child abroad for a three-year degree could deplete 48% of their retirement savings, while a four-year degree may consume up to 64%.

The Woman Who Lost Everything

The Woman Who Lost Everything

Rediff.com13 Nov 2024

When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.

RBI asks card issuers to explore more networks, increase customer choices

RBI asks card issuers to explore more networks, increase customer choices

Rediff.com6 Jul 2023

To provide more choices to customers, the Reserve Bank of India has suggested mandating bank and non-bank card issuers to issue debt, credit and prepaid cards on more than one network. Customers can choose any one either at the time of issue of the card or anytime later, according to draft norms released by the Reserve Bank of India on Wednesday. The RBI said card issuers would also be barred from signing agreements that limit their ability to tie-up with other card-networks, according to the draft.

Modi won't debate with me because...: Rahul

Modi won't debate with me because...: Rahul

Rediff.com18 May 2024

Gandhi said the debate would end after these two questions only, but he also wants to ask the prime minister why did he ask the public to bang plates and flash mobile phones when people were suffering from the Covid pandemic.

'Sansad mein bhi...': Kejriwal sounds AAP's LS poll bugle

'Sansad mein bhi...': Kejriwal sounds AAP's LS poll bugle

Rediff.com8 Mar 2024

Delhi and Punjab are ruled by the AAP and these are the only two states that have free electricity supply, he said.

Bhajan Lal Sharma to take oath as Rajasthan CM today

Bhajan Lal Sharma to take oath as Rajasthan CM today

Rediff.com15 Dec 2023

Along with Sharma, Diya Kumari and Prem Chand Bairwa, who were named as deputy chief ministers in the recently held Bharatiya Janata Party legislature party meeting, will take oath.

Is Modi Ki Vote Guarantee Finished?

Is Modi Ki Vote Guarantee Finished?

Rediff.com11 Jul 2024

Now, every state election -- first up, Maharashtra, Haryana and Jharkhand later this year, then Delhi in January and Bihar in September next year -- will be seen by his followers for evidence of his recovery, and by rivals of sharpening decline, points out Shekhar Gupta.

Electoral bonds: Can India be democracy if..., asks SC

Electoral bonds: Can India be democracy if..., asks SC

Rediff.com15 Feb 2024

Democracy does not begin and end with elections and the integrity of election process is pivotal for sustaining the democratic form of government, the Supreme Court said on Thursday while striking down as unconstitutional the electoral bonds scheme for political funding.

Future Group firms tumble up to 20% on the BSE

Future Group firms tumble up to 20% on the BSE

Rediff.com25 Apr 2022

Shares of Future Group firms on Monday faced heavy drubbing, tanking up to 20 per cent, after Reliance Industries said its Rs 24,713-crore deal to acquire Future Group's assets cannot be implemented after secured creditors of the Kishore Biyani-led companies voted against the proposal. The stock of Future Consumer plummeted 19.91 per cent, Future Supply Chain Solutions slipped 19.96 per cent, Future Lifestyle Fashions 19.89 per cent, Future Enterprises tumbled 9.87 per cent and Future Retail fell 4.96 per cent on the BSE. Shares of Reliance Industries also dipped 1.75 per cent.

Irrigation, rural job schemes to be linked

Irrigation, rural job schemes to be linked

Rediff.com13 Jan 2016

MNREGS labourers are usually engaged in irrigation projects.

Implementation of import curbs on laptops deferred to Oct 31

Implementation of import curbs on laptops deferred to Oct 31

Rediff.com5 Aug 2023

The government on Friday deferred the implementation of the import restriction order on laptops and computers (including tablet computers) by about three months till October 31, a move that gives more time to electronic companies to import these devices without a licence. Nw, these companies would need to take a licence from the government to import these devices from November 1. On August 3, the government put the import of these devices under a licence regime with immediate effect.

J&K govt launches scheme for students along IB

J&K govt launches scheme for students along IB

Rediff.com25 Oct 2014

The Jammu and Kashmir government has introduced a scheme for the students living along the International Border, with an aim to make up for the academic losses suffered by them due to Pakistani firing.

Jolt to TN as HC nod for Modi's Coimbatore roadshow on Mar 18

Jolt to TN as HC nod for Modi's Coimbatore roadshow on Mar 18

Rediff.com15 Mar 2024

Setting aside the order of the assistant commissioner of police, the judge directed the officer to grant the permission and provide necessary police protection, besides imposing reasonable conditions.

NEET: Cure The Disease Not The Symptoms

NEET: Cure The Disease Not The Symptoms

Rediff.com17 Jul 2024

'The Indian private sector knows how to build and run educational organisations, what is needed is a large dose of removal of restrictions.' 'Government restrictions hold back universities in India from launching medical schools,' argue Ajay Shah and Vijay Kelkar.

TMC volunteers leave Kolkata for Delhi in 25 buses

TMC volunteers leave Kolkata for Delhi in 25 buses

Rediff.com30 Sep 2023

Around 25 buses carrying Trinamool Congress volunteers set out from Kolkata on Saturday for the planned protest programme in Delhi on October 3 against the alleged withholding of funds by the Centre, party leaders said.

Shivraj evades question on becoming MP CM again

Shivraj evades question on becoming MP CM again

Rediff.com2 Dec 2023

Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Friday said his party would pull off a spectacular victory in the state assembly elections, but evaded a direct reply to a question whether he would be the chief minister for the fifth time, as he just said 'Bharatiya Janata Party Zindabad'.

A Small Line Of People Crossed Into India

A Small Line Of People Crossed Into India

Rediff.com19 Aug 2024

When I asked Krishna Gopal Sengupta, who had travelled through Bangladesh from Chittagong to Petrapole if the interim government had made any impact at ground level, he said, "it's been only a couple of days. They will need some time." Shyam G Menon reports from Petrapole, India's entry point with Bangladesh.

Pratik Gandhi Suffers Mishap On Gandhi Set

Pratik Gandhi Suffers Mishap On Gandhi Set

Rediff.com31 May 2024

'I'm better now. A ceramic pot fell on me while rehearsing for a next scene to shoot. And I got a deep cut on my right-hand knuckle.'

Easing note ban pain through rural housing scheme

Easing note ban pain through rural housing scheme

Rediff.com16 Jan 2017

Almost 3.3 million houses awaiting completion under the IAY will be built by the end of 2016-17.