News for 'Scheme of Arrangement'

DBS retains Lakshmi Vilas Bank's name, logo

DBS retains Lakshmi Vilas Bank's name, logo

Rediff.com8 Dec 2020

According to experts, 'Lakshmi' and the logo 'Godesses Lakshmi' have a lot of value in India and are the biggest driver for the Bank. Retaining the Lakshmi name and logo will help DBS.

'Today It Is Absolute Dictatorship'

'Today It Is Absolute Dictatorship'

Rediff.com10 Jan 2023

'If you persist in opposing the government, they set the ED or the NIA on you. And the courts have not given us much hope.'

'Modi has done little to punish China'

'Modi has done little to punish China'

Rediff.com9 Aug 2022

'It is only when Beijing sees a country with an infirm political will such as India that it acts up as the PLA has done in eastern Ladakh.'

Why BJP leaders are praising Tejashwi

Why BJP leaders are praising Tejashwi

Rediff.com15 Dec 2021

'By making Rachel Rajeshwari, Tejashwi has done an exemplary thing.'

Real Estate could be Bedrock of Economy

Real Estate could be Bedrock of Economy

Rediff.com17 Jun 2021

If the real estate sector is properly managed, it could drive not just finance but demand for a range of products and services, observes T N Ninan.

2,000 cops, 5,000 volunteers to ensure phase 2 of odd-even is a hit

2,000 cops, 5,000 volunteers to ensure phase 2 of odd-even is a hit

Rediff.com14 Apr 2016

Friday will be the first day of the second phase of the odd-even scheme in New Delhi.

Pvt hospitals can charge up to Rs 250 for Covid vaccination

Pvt hospitals can charge up to Rs 250 for Covid vaccination

Rediff.com28 Feb 2021

Private hospitals can charge up to Rs 250 per dose of COVID-19 vaccine, official sources said on Saturday as India prepares to vaccinate people aged above 60 years and those over 45 with comorbidities from March 1.

IBC: 'Defaulters' paradise is lost'

IBC: 'Defaulters' paradise is lost'

Rediff.com30 Mar 2021

'The Insolvency and Bankruptcy Code cleans up non-performing assets and puts companies in capable and credible hands.'

LVB to become DBS Bank India from Nov 27; Rs 25,000 withdrawal restriction to go

LVB to become DBS Bank India from Nov 27; Rs 25,000 withdrawal restriction to go

Rediff.com25 Nov 2020

The Reserve Bank on Wednesday said the amalgamation of Lakshmi Vilas Bank with DBS Bank India will come into force from November 27 and the moratorium imposed on the crisis-ridden lender will be removed on that day. The RBI issued the statement within hours of the Cabinet clearing the Scheme of Amalgamation of Lakshmi Vilas Bank Limited (LVB) with DBS Bank India Limited (DBIL).

Virgin Atlantic's Delhi, Mumbai flights from London to resume

Virgin Atlantic's Delhi, Mumbai flights from London to resume

Rediff.com13 Aug 2020

Virgin Atlantic plans to operate three flights a week from Delhi to London's Heathrow from September 2, while Mumbai services are planned to re-commence from September 17 with four flights per week. Both the destinations will provide connections to New York JFK and will operate on 787-9 Dreamliner.

'Sasikala's arrival won't impact AIADMK'

'Sasikala's arrival won't impact AIADMK'

Rediff.com6 Feb 2021

'Our party cadre does not want her in the party.'

RIL consolidates media biz: TV18, Hathway and DEN to merge into Network18

RIL consolidates media biz: TV18, Hathway and DEN to merge into Network18

Rediff.com18 Feb 2020

RIL's stake in Network18 would reduce to 64 per cent, from 75%, following the merger

Back home, migrant workers stare at uncertain future

Back home, migrant workers stare at uncertain future

Rediff.com28 May 2020

Migrants are no longer sure if they would be able to live by Modi's mantra of "Jaan Bhi Jahaan Bhi".

Kejriwal warns of strict action against lockdown violators

Kejriwal warns of strict action against lockdown violators

Rediff.com24 Mar 2020

He also announced that 50 per cent of the DTC buses will be operational from Tuesday to ensure that those involved in essential services do not face problems. He said that there were 30 cases in Delhi till date, out of which 23 were reported from people who came from the affected countries and seven were infected through the local transmission.

How Covid took devastating turn in 2021

How Covid took devastating turn in 2021

Rediff.com29 Dec 2021

A second wave of Covid driven by the Delta variant engulfed the country in May-June bringing the health system to its knees and leaving people gasping for help.

Captain Warner targets another IPL title for SunRisers

Captain Warner targets another IPL title for SunRisers

Rediff.com29 Jul 2020

Australia opener David Warner does not see the captaincy of IPL team SunRisers Hyderabad as a tale of "redemption" for him. Warner, who will be leading SunRisers in this year's IPL, played under the leadership of Kane Williamson last season as the left-hander was making a comeback after his one-year ban for his involvement in the ball-tampering scandal during a Test match against South Africa in 2018.

Gig workers to make PF contribution, get social security for first time

Gig workers to make PF contribution, get social security for first time

Rediff.com5 Nov 2020

According to the law, the contribution "should not be more than 5 per cent of the amount paid to gig workers. The government is likely to start seeking contribution from gig companies towards the fund from April 1, 2021.

Nitish cites central guidelines for not bringing Kota students back

Nitish cites central guidelines for not bringing Kota students back

Rediff.com28 Apr 2020

Participating in a video conference along with chief ministers of other states, Kumar spoke about many states having arranged for return of students from the Rajasthan town, and also made an oblique reference to the pressure from opposition parties that his government has been facing on the issue.

SC dismisses plea against offline exams for Class 10, 12

SC dismisses plea against offline exams for Class 10, 12

Rediff.com23 Feb 2022

'This creates not only false hopes, it creates confusion all over to students who are preparing'

COVID crisis affects mind but I am focused on Olympics: Neeraj Chopra

COVID crisis affects mind but I am focused on Olympics: Neeraj Chopra

Rediff.com12 May 2021

Training is fine but I need competitions before Olympics, says Neeraj Chopra

UK, Ireland offer joint visa to Indian, Chinese tourists

UK, Ireland offer joint visa to Indian, Chinese tourists

Rediff.com17 Jun 2014

Under a new British-Irish visa scheme announced by Ireland's minister for justice Frances Fitzgerald, tourists and business visitors from India and China will be allowed to travel freely in the 'common travel area' of Britain and Ireland with either an Irish or a British visa.

Free vaccination, scrapping of NEET in Congress Puducherry manifesto

Free vaccination, scrapping of NEET in Congress Puducherry manifesto

Rediff.com28 Mar 2021

A homemaker in every family would get a monthly assistance of Rs 1,000, the manifesto said.

FM for plugging regulatory gaps in financial sector

FM for plugging regulatory gaps in financial sector

Rediff.com22 May 2013

The minister was speaking at a seminar on the 'Indian Financial Code' which was framed by Financial Sector Legislative Reforms Commission with a view to update the laws and regulations dealing with the sector.

Haseen Dillruba review

Haseen Dillruba review

Rediff.com2 Jul 2021

A messy love story, a tale of infidelity, a jab on sexism, a whodunit -- Haseen Dillruba wildly oscillates between diabolical provocations and unrealistic sentiment, notes Sukanya Verma.

BJP to fight TN urban civic polls alone, says alliance with AIADMK intact

BJP to fight TN urban civic polls alone, says alliance with AIADMK intact

Rediff.com31 Jan 2022

The Tamil Nadu unit of the Bharatiya Janata Party on Monday announced that it would contest alone in the urban civic polls slated to be held on February 19, even while asserting that its alliance with the All India Anna Dravida Munnetra Kazhagam in the state remained intact.

Kashmir Politics Stands Bereft Of Its Propellers

Kashmir Politics Stands Bereft Of Its Propellers

Rediff.com5 Aug 2022

At the moment, there appears to be no alternative political narrative to the one lying buried under the debris of havoc caused on this front by the fallout of 'August 5, 2019', asserts Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.

Reliance shareholders vote to demerge oil-to-chemicals business

Reliance shareholders vote to demerge oil-to-chemicals business

Rediff.com3 Apr 2021

With the O2C business outlook on the mend, the Street is also looking forward to news on RIL's proposal to sell up to 20 per cent of the O2C business to a strategic investor like Saudi Aramco.

Probe ordered after tribal man denied ambulance, forced to carry wife's body

Probe ordered after tribal man denied ambulance, forced to carry wife's body

Rediff.com25 Aug 2016

The incident took place on Wednesday when locals found Majhi carrying his wife Amang Dei's body along with his 12-year-old daughter.

As markets peak, investors look at exit routes from MFs

As markets peak, investors look at exit routes from MFs

Rediff.com21 Jan 2020

Staggered pull-out will help investors if the market continues to rise.

RPG Life to undergo restructuring

RPG Life to undergo restructuring

Rediff.com13 Jun 2007

RPG Life Sciences said on Wednesday it will undergo a restructuring process, wherein its pharmaceutical business and investments will be transfered to two of its group companies.

10 clean cities that make India proud

10 clean cities that make India proud

Rediff.com8 Oct 2014

These 10 cities have maintained cleanliness throughout

No panic now so no free food-grains for migrants: Govt

No panic now so no free food-grains for migrants: Govt

Rediff.com10 May 2021

The government on Monday ruled out the possibility of free food-grains distribution to migrants saying there is no panic situation and no complete national lockdown unlike last year.

Ronaldinho facing money laundering charges in Paraguay?

Ronaldinho facing money laundering charges in Paraguay?

Rediff.com16 Mar 2020

The inquiry that led to the detention of former Brazil player Ronaldinho Gaucho enters a new stage this week as prosecutors focus on what they believe is a money laundering scheme involving the businesswoman who invited him to Paraguay. Investigators will begin reviewing files and messages on the phones of the former Barcelona and AC Milan player and his brother and business manager Roberto Assis.

Olympic hero Neeraj eyes 90+ mark

Olympic hero Neeraj eyes 90+ mark

Rediff.com8 Aug 2021

'There was no pressure and I was taking it (Olympics) just like any other event. It was like I have played against these athletes before and there's no reason to worry. I was able to focus on my performance. That has helped me win gold.'

Mutual fund investment: Buy, sell, or hold?

Mutual fund investment: Buy, sell, or hold?

Rediff.com11 Oct 2019

Wondering if you did the right thing with your mutual fund investments?

Amazon gets show-cause notice from CCI

Amazon gets show-cause notice from CCI

Rediff.com22 Jul 2021

Amazon on Thursday said it has received a show-cause notice from the Competition Commission of India (CCI) based on a complaint filed by Future Group, with which the e-commerce major is locked in a legal battle. The American company and Future Group - one of the biggest retail companies in the country - have been engaged in a bitter tussle after the latter entered into a Rs 24,713 crore deal with Reliance Industries for its retail, logistics and warehousing assets. "We are in receipt of a show-cause notice from the CCI based on the complaint filed by Future as a part of an ongoing dispute.

MP: Man carries mother-in-law's body on cycle for 20 km

MP: Man carries mother-in-law's body on cycle for 20 km

Rediff.com10 Sep 2016

Her son-in-law, Gore Singh, said, "We tried to arrange a hearse for carrying her body to her village but it did not come, and no other option was left. So we carried it on bicycle to Amiliha (her native village) for her last rites."

A 2019 investigation of Bombay Dyeing may delay Go Air IPO

A 2019 investigation of Bombay Dyeing may delay Go Air IPO

Rediff.com8 Jul 2021

A 2019 investigation of Bombay Dyeing by market regulator Sebi has put a brake on the initial public offering process of sister company Go Air. The Wadia group-owned low cost airline had earlier planned to launch the IPO to raise Rs 3,600 crore by August, but may be forced to postpone it by a month or two as Sebi completes its investigation.

How Modi govt plans to ensure 24x7 power supply

How Modi govt plans to ensure 24x7 power supply

Rediff.com20 Dec 2021

A greater payment security mechanism for power generation companies to ensure timely payouts for supply of electricity will be in focus in 2022 as stricter rules are on the anvil for 24x7 power supply amid discoms' outstanding dues at a whopping Rs 1.56 lakh crore. Mounting outstanding dues of distribution companies (discoms) to electricity generation companies (gencos) have been a perennial issue affecting the entire value chain in the power sector and are also a hindrance for the ambitious goal of 24x7 power supply across the country even when the payment for coal is made in advance. The situation persists despite the fact that discoms' dues become overdue after 45 days of generating bills and they also have to pay penal interest on the overdue amount in most of the cases to gencos.

Future Retail gets relief from Delhi HC in RIL case

Future Retail gets relief from Delhi HC in RIL case

Rediff.com8 Feb 2021

Future Retail Ltd (FRL) on Monday said the Delhi high court has ruled that statutory authorities cannot be restrained from acting in accordance with law and stayed a previous order on status quo of its Rs 24,713 crore deal with Reliance. Updating stock exchanges about the court ruling, FRL said a Division Bench comprising Chief Justice D N Patel and Justice Jyoti Singh has stayed the operation and effect of order passed by single Judge J R Midha on February 2. "...inter alia, for the prima facie reason that the company is not a party to the Shareholders Agreement dated August 22, 2019 executed between Amazon, Future Coupons Private Limited and the Promoters of FRL, under which arbitration was initiated by Amazon in Singapore," FRL said.