News for 'Scheme of Arrangement'

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.

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.

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?

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."

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.'

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.

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.

Future Retail files appeal in Delhi HC against status quo order on RIL deal

Future Retail files appeal in Delhi HC against status quo order on RIL deal

Rediff.com3 Feb 2021

Future Retail Ltd (FRL) on Wednesday said it has filed an appeal in the Delhi high court against the status quo order on its Rs 24,713-crore deal with Reliance. On Tuesday, a Delhi High Court bench of Justice J R Midha had directed FRL to maintain status quo in relation to its Rs 24,713-crore deal with Reliance Retail that has been objected to by US-based e-commerce giant, Amazon. Following the Tuesday directive, FRL had said it would explore legal recourse.

Sherni review

Sherni review

Rediff.com18 Jun 2021

Sherni is a triumph -- a sublime outcome of purpose and storytelling falling in place, applauds Sukanya Verma.

Full text: What Modi said in his farm laws repeal speech

Full text: What Modi said in his farm laws repeal speech

Rediff.com19 Nov 2021

'Whatever I did, I did for the farmers and whatever I am doing, I am doing for the country'

Three lakh Bihar teachers withdraw mid-day meal boycott

Three lakh Bihar teachers withdraw mid-day meal boycott

Rediff.com29 Jul 2013

Four days after staying off from duties in midday meal scheme, nearly three lakh primary school teachers on Monday decided to end their stir after assurance from the government to look into their demands.

Like Lord Shiva drank poison, Modi endured pain: Shah on Gujarat riots ruling

Like Lord Shiva drank poison, Modi endured pain: Shah on Gujarat riots ruling

Rediff.com25 Jun 2022

'Modiji did not say anything so that there was no influence. He endured all this silently'

Budget: Govt hikes farm credit target to Rs 15 lakh cr

Budget: Govt hikes farm credit target to Rs 15 lakh cr

Rediff.com2 Feb 2020

The government also proposed promoting 'one product one district' for better marketing and export of horticulture crops. It also called on states for early implementation of three key central model laws on land leasing, agriculture produce and livestock marketing and contract farming.

Want to know how to use family to save tax? Read this

Want to know how to use family to save tax? Read this

Rediff.com15 Mar 2021

While using the family to save tax is legal and smart, ensure you use the ones where clubbing income laws isn't a concern, advises Bindisha Sarang.

Electoral bonds: SC asks parties for funding details

Electoral bonds: SC asks parties for funding details

Rediff.com12 Apr 2019

A bench headed by Chief Justice Ranjan Gogoi asked the parties to furnish 'forthwith' the details of electoral bonds received by a political party till date.

Why BJP Targets Congress All The Time

Why BJP Targets Congress All The Time

Rediff.com27 Oct 2021

The BJP believes that the only party still capable of leading a credible challenge against it is the Congress. Please note how BJP campaigners in states where the Congress may count for a cipher or thereabouts, mostly attack the Congress, observes Shekhar Gupta.

Is the BJP behind Pappu Yadav's arrest?

Is the BJP behind Pappu Yadav's arrest?

Rediff.com11 May 2021

Why MP Rajiv Pratap Rudy and his party, the BJP, are angry with Pappu Yadav.

25% vendor payments delayed: Tata Motors

25% vendor payments delayed: Tata Motors

Rediff.com6 Feb 2009

Managing Director Ravi Kant said that 75 per cent of the company's purchases from vendors were covered by a tripartite arrangement, between vendors who had chosen to be covered by the scheme, Tata Motors and banks. As per the scheme, the bank paid the vendor and Tata Motors paid the bank, he said. "For the remaining 25 per cent purchases, there could be some delays," Kant said, without giving details about the outstanding debt or when payments will be made.

Domestic banks can sell NPAs abroad: What does this RBI move mean?

Domestic banks can sell NPAs abroad: What does this RBI move mean?

Rediff.com31 Jul 2019

Apart from easing the NPA pressure on domestic banks, the RBI's move can allow companies to raise cheap, long-term loans easily now.

Lodha's Macrotech seeks debt moratorium as sales tank 69%

Lodha's Macrotech seeks debt moratorium as sales tank 69%

Rediff.com18 Feb 2021

The pandemic caused construction delays at its ongoing projects due to several factors such as lockdowns enforced by government agencies, work-stoppage orders, disruptions in the supply of materials and shortage of labour resulted in failure to meet development milestones.

Will welcome migrants with open heart: MP CM Shivraj Singh Chouhan

Will welcome migrants with open heart: MP CM Shivraj Singh Chouhan

Rediff.com21 May 2020

He also rejected reports that have hinted possible increase in coronavirus cases due to migrants and asked, "Did corona not spread at places where migrants were not there?"

'Mission UP' in mind, Akhilesh embarks on cycle yatra

'Mission UP' in mind, Akhilesh embarks on cycle yatra

Rediff.com5 Aug 2021

Before pedalling down the streets of the state capital, Yadav told mediapersons at the party headquarters that the BJP government has "failed" in Covid management.

Modi's Politics And India's Future

Modi's Politics And India's Future

Rediff.com8 Feb 2022

With the BJP continuing to be the constant combatant, centrifugal pressures will rise. Fractured relations between the Centre and the states as between BJP and non-BJP ruled states is a sizeable risk owing ahead, warns Shekhar Gupta.

Centre not disbursing PM-Kisan funds in Bengal: Mamata

Centre not disbursing PM-Kisan funds in Bengal: Mamata

Rediff.com9 Feb 2021

West Bengal Chief Minister Mamata Banerjee on Tuesday alleged that the Bharatiya Janata Party-led government at the Centre was not disbursing funds under the PM-Kisan scheme to peasants in the state despite the Trinamool Congress administration having sent the verified names of farmers to it.

NIIT to spin-off software biz

NIIT to spin-off software biz

Rediff.com24 Oct 2003

The board of directors of NIIT, which met on Friday, has approved the proposal to create a new software company by carving out the global solutions business out of the company.

Space tech firms urge PM to expedite approvals, fine tune rules

Space tech firms urge PM to expedite approvals, fine tune rules

Rediff.com12 Oct 2021

Government think-tank body Niti Ayog CEO Amitabh Kant supported the industry demand and called for setting up of a single window clearance system for expeditious approval of projects. Start-ups and small medium enterprises requested the prime minister to provide support in low-cost capital at the virtual launch of space and satellite industry body Indian Space Association (ISpA).

SHOCKING! Why Adam Harry Can't Be A Pilot In India

SHOCKING! Why Adam Harry Can't Be A Pilot In India

Rediff.com25 Jul 2022

'How can I pursue my dream forgoing my identity? I want to fly as a trans man.'

Gig workers set to come under labour laws

Gig workers set to come under labour laws

Rediff.com26 Sep 2019

According to draft Code on Social Security, 2019, gig and platform workers will be entitled to life and disability cover, health and maternity benefits, among others.

150,000 households need to be electrified each day

150,000 households need to be electrified each day

Rediff.com25 May 2018

And it has to be done in less than 200 days!

Budget 2018: States may get more say in farm pricing

Budget 2018: States may get more say in farm pricing

Rediff.com1 Jan 2018

Rural budget set to increase; likely to enhance market linkages for agri commodities

Will PMC Bank depositors get their money?

Will PMC Bank depositors get their money?

Rediff.com9 Jul 2021

There will be different ways of returning the money, depending on the profile of the depositors and the amount, predicts Tamal Bandyopadhyay.

Employees or contractors? Gig workers face social code dilemma

Employees or contractors? Gig workers face social code dilemma

Rediff.com3 Dec 2020

The Code on Social Security, 2020 gives a lot of comfort to gig firms which recognise cab drivers or food delivery executives as 'independent contractors' who directly do business with customers with the help of their digitised platforms.

How Biden's trade team could influence relations between the two countries

How Biden's trade team could influence relations between the two countries

Rediff.com7 Jan 2021

India will have to show more willingness to import, and since Biden will not encourage sale of oil and gas to bridge the gap, it means there has to be more meaningful duty reduction in other areas even if Delhi baulks at a Free Trade Agreement so soon after walking out of RCEP.

Burnley condemn 'White Lives Matter' flyover banner

Burnley condemn 'White Lives Matter' flyover banner

Rediff.com23 Jun 2020

A plane carrying a banner declaring 'White Lives Matter Burnley' flew over Manchester City's Etihad Stadium on Monday at the start of the Premier League game against Burnley.

NSE co-location case: Probe shifts towards money trail, illicit gains

NSE co-location case: Probe shifts towards money trail, illicit gains

Rediff.com21 Feb 2022

As a multi-agency probe into the NSE case gathers pace, the grant of preferential server and data access to select brokers and their suspected misuse are being investigated threadbare to unveil all quid pro quo arrangements in a highly-sophisticated scheme that worked like a cricket betting scandal, officials said on Monday. While the bourse has said it has taken several steps over the years to strengthen its technology infrastructure, including as per regulatory orders, the officials said certain fresh disclosures call for a detailed probe into whether a select group of individuals in high positions had banded together to make illicit gains by facilitating the preferential trading slots, beginning over a decade ago. Even a split-second faster access is said to result in huge gains for a trader.

For Modi's Teachers' Day speech, UP distributes 14.36 lakh laptops

For Modi's Teachers' Day speech, UP distributes 14.36 lakh laptops

Rediff.com3 Sep 2014

Political opposition notwithstanding, the Samajwadi Party government in Uttar Pradesh has made elaborate arrangements to ensure that Prime Minister Narendra Modi's speech reaches lakhs of students in the state this Teachers' Day.

Day after Sasikala's exit, theories abound on her decision

Day after Sasikala's exit, theories abound on her decision

Rediff.com4 Mar 2021

The move of expelled All India Anna Dravida Munnetra Kazhagam leader V K Sasikala to stay away from politics has fuelled various theories on her decision while the ruling party confined itself to poll related work like holding interview for ticketaspirants.