News for 'Scheme of Arrangement'

PHOTOS:This is how Mumbai will travel now

PHOTOS:This is how Mumbai will travel now

Rediff.com23 Dec 2015

The Central Railway will soon introduce modified seating arrangement in the coaches of a local train to check the ever increasing deaths of commuters.

Modinomics Ain't Right. It's Hindu-Left

Modinomics Ain't Right. It's Hindu-Left

Rediff.com31 Jan 2022

It is in no way a government of the economic Right. The Right is limited to religion and nationalism. The rest is as Left as the Congress or any other party, observes Shekhar Gupta.

RNRL view on how Ambani row can be resolved

RNRL view on how Ambani row can be resolved

Rediff.com25 Nov 2009

Stumbling blocks for resolving the gas row between the Ambani brothers can be removed by putting together the family MoU and the demerger scheme, Anil Ambani-led RNRL told the Supreme Court on Wednesday.

MFs' tie-ups with India Post fail to take off

MFs' tie-ups with India Post fail to take off

Rediff.com27 Dec 2006

Fund houses' tie-ups with the postal department for marketing their schemes through post offices are yet to take off in a bigger way.

PE major Advent snaps up Eureka Forbes for Rs 4,400 cr

PE major Advent snaps up Eureka Forbes for Rs 4,400 cr

Rediff.com20 Sep 2021

After a long wait, the Shapoorji Pallonji Group has closed the sale process of its consumer durables business under the Eureka Forbes label by picking the American private equity fund Advent International's Rs 4,400-crore offer for a 72 per cent stake. The sale process, which began in November 2019, will help the over 156-year-old SP Group pair the debt pile and sharpen the focus on the flagship construction and engineering business under Afcons. The valuation of Rs 4,400 crore for a 72.56 per cent stake is is at an enterprise level and subject to closing adjustments and also includes an open offer for the remaining stake after the demerger and listing of Eureka Forbes, the SP group said in a statement on Sunday.

Wipro gets shareholders' nod for demerger

Wipro gets shareholders' nod for demerger

Rediff.com31 Dec 2012

Wipro on Monday said its shareholders have approved the company's plans to hive off non-IT business into unlisted arm.

Amid Covid shadow, PM to address nation from Red Fort

Amid Covid shadow, PM to address nation from Red Fort

Rediff.com14 Aug 2020

All eyes will be on what the prime minister says as his August 15 addresses have often been marked by big announcements, his government's achievements and bringing to people's attention what he believes to be the major challenges facing the country.

Pak Hindus who came to India say CAB will end hardships

Pak Hindus who came to India say CAB will end hardships

Rediff.com11 Dec 2019

Around 750 Hindus who migrated from Pakistan, who live in makeshift tents in Delhi, welcome the move by the government to grant them citizenship.

'Government is selling people's trust in LIC'

'Government is selling people's trust in LIC'

Rediff.com17 Feb 2022

'The entire value of LIC is created by its shareholders because after the initial invest net of Rs 5 crores in 1956, the government has not given any additional capital to the LIC.' 'If the corporation has expanded and emerged as the biggest financial institution in the country, it is only because of the policyholders.'

'Modicare' likely to be launched on Aug 15 or Oct 2, to cost Rs 12,000cr pa

'Modicare' likely to be launched on Aug 15 or Oct 2, to cost Rs 12,000cr pa

Rediff.com2 Feb 2018

All the poor people identified by the Socio Economic and Caste Census 2011 will be eligible for the scheme, officials said, adding that it will be linked to Aadhar but will not be a mandatory condition for availing the benefit.

Bihar: No food for 10L students as teachers boycott cooking

Bihar: No food for 10L students as teachers boycott cooking

Rediff.com27 Jul 2013

As over 10 lakh students continued to be deprived of mid-day meals due to primary school teachers boycotting food-cooking duties for the third consecutive day in Bihar on Saturday, the government held "positive" talks with the agitators to end the logjam.

EPS's Vanniyar sub-quota trick may become TN's sole poll issue

EPS's Vanniyar sub-quota trick may become TN's sole poll issue

Rediff.com6 Mar 2021

The sub-quota scheme may now lead to a ganging up of non-Vanniyars in individual constituencies against the Vanniyars just as in the past, such ganging up against SC-ST candidates was seen in the non-quota constituencies, says N Sathiya Moorthy.

Nirav Modi's brother charged in $2.6 m fraud in New York

Nirav Modi's brother charged in $2.6 m fraud in New York

Rediff.com20 Dec 2020

Nehal, 41, is charged in a New York Supreme Court indictment with Grand Larceny in the First Degree, Manhattan District Attorney Cy Vance, Jr. said.

BJP wants odd-even to fail, but Delhi will fail BJP: Kejriwal

BJP wants odd-even to fail, but Delhi will fail BJP: Kejriwal

Rediff.com16 Apr 2016

In January too, BJP tried to fail odd-even by orchestrating officers' strike. People failed BJP and made odd-even success, tweeted the CM.

Fadnavis resigns, to continue as caretaker CM

Fadnavis resigns, to continue as caretaker CM

Rediff.com8 Nov 2019

Fadnavis's resignation came a day before the expiry of the 13th Legislative Assembly of the state.

Centre rules out door-to-door vaccination

Centre rules out door-to-door vaccination

Rediff.com10 May 2021

The Centre has ruled out door-to-door vaccination of people and said the inoculation will be done at identified COVID Vaccination Centres, both government and private, registered on COWIN for 'good, germane and rational reasons'.

Modi And The Arrogance Of Not Learning

Modi And The Arrogance Of Not Learning

Rediff.com3 Dec 2021

The Modi government's defeat on farm laws underlines the perils of governing an entire continent-sized, diverse and federal nation like the chief minister of a state, observes Shekhar Gupta.

CCI raps Coal India for misusing position

CCI raps Coal India for misusing position

Rediff.com28 Oct 2014

The CCI passed this judgment in two different cases relating to the e-auction scheme and fuel supply agreements which were filed last year.

COVID-19: 'My job is to save and help people'

COVID-19: 'My job is to save and help people'

Rediff.com8 Apr 2020

'This is a long haul, god knows where it will end.' 'So it is best to conserve all the funds right now for fighting the COVID-19 pandemic.'

India Post turns lifesaver during COVID-19

India Post turns lifesaver during COVID-19

Rediff.com17 Apr 2020

The world's largest postal service is stepping in to help deliver lifesaving medicines during a countrywide lockdown aimed at tackling the coronavirus pandemic.

12 dead in stampede at Vaishno Devi during New Year rush

12 dead in stampede at Vaishno Devi during New Year rush

Rediff.com1 Jan 2022

Jammu and Kashmir Director General of Police Dilbag Singh told PTI that preliminary information from the scene suggests there was a minor altercation among some young boys, and within seconds, there was a stampede situation.

'Definite improvement in economic activity in October'

'Definite improvement in economic activity in October'

Rediff.com24 Nov 2021

'I hope the trend is sustainable and that economic activity accelerates going forward.'

Union seeks transport, police protection for bank staff

Union seeks transport, police protection for bank staff

Rediff.com29 Mar 2020

Anticipating a sudden and huge crowd in bank branches following the announcement of various measures by the government on Friday, the AIBEA said since the number of employees in bank branches are very few, the crowds can pose a big risk for the bank staff as well as for the customers who might be visiting in large numbers.

Raghuvansh Singh, who quit RJD days ago, passes away

Raghuvansh Singh, who quit RJD days ago, passes away

Rediff.com13 Sep 2020

Singh was widely regarded as an expert in the rural and agricultural landscape of the country and is credited with the conceptualisation and implementation of the NREGA (National Rural Guarantee Employment) Act.

ITD freezes Cognizant's bank accounts on a Rs 2,500-crore dispute

ITD freezes Cognizant's bank accounts on a Rs 2,500-crore dispute

Rediff.com28 Mar 2018

The allegations of DDT evasion is connected to some transactions the Indian entity has made while buying shares of the company from the Mauritius and US companies of Cognizant.

Guj Congress promises free plots to rural middle class

Guj Congress promises free plots to rural middle class

Rediff.com22 Aug 2012

Following the overwhelming response of its poll promises of 'own your home' for housewives in urban Gujarat, the Congress on Wednesday promised to extend the scheme, with free 100 yards plots, to the rural middle class of the state.

Ram Lalla is clear winner in protracted Ayodhya suit

Ram Lalla is clear winner in protracted Ayodhya suit

Rediff.com9 Nov 2019

A 5-judge Constitution Bench headed by Chief Justice Ranjan Gogoi, in its historic verdict delivered on a court holiday, held that the lawsuit of the deity was "within the period of limitation" and granted the title decree in its favour.

UK panel mulls auction for Corus

UK panel mulls auction for Corus

Rediff.com18 Dec 2006

The battle for Anglo-Dutch steelmaker Corus is set to intensify with the UK takeover panel mulling over a rare intervention by arranging an auction between the two bidders - India's Tata Steel and Brazil's CSN.

Tata-Corus deal to be effective by April

Tata-Corus deal to be effective by April

Rediff.com8 Feb 2007

"Tata Steel now anticipates that the effective date of the scheme of arrangement will be around the end of March or the first week of April 2007," it added.

MPs find odd-even 'insulting', seek exemption

MPs find odd-even 'insulting', seek exemption

Rediff.com25 Apr 2016

Congress leader Anand Sharma said the scheme was coming in the way of MPs discharging their duties and not being able to attend the meetings of Parliamentary Committees due to it.

Modi's ambitious UDAN plan hits air pocket

Modi's ambitious UDAN plan hits air pocket

Rediff.com17 Oct 2017

GMR-led Delhi Airport had accepted the government's request to shift UDAN flights to Hindon Air Force Base, but airlines say poor last mile connectivity will have to be dealt with first before starting operations

Defaulters beware! Sebi to auction jewellery, gold if you fail to pay up

Defaulters beware! Sebi to auction jewellery, gold if you fail to pay up

Rediff.com20 Mar 2017

Sebi will e-auction next month, 48 jewellery and ornaments of gold (3.21 kg) of Sai Prasad group

Why 1,700 employees of Pfizer's India arm may lose their jobs

Why 1,700 employees of Pfizer's India arm may lose their jobs

Rediff.com10 Jan 2019

A key lesson for the pharmaceutical sector in this case is to not downplay the significant impact that regulatory non-compliance can have on operations.

India to play a big role in containing Covid pandemic: Bill Gates

India to play a big role in containing Covid pandemic: Bill Gates

Rediff.com15 Sep 2020

India's willingness to play a big role in the manufacturing and to allow some of those vaccines to go to other developing countries will be an absolutely critical part of containing the pandemic, said Gates.

Why you must NOT invest in too many MFs

Why you must NOT invest in too many MFs

Rediff.com6 Nov 2020

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Marathas stage 'jail bharo' protest as govt offers sops

Marathas stage 'jail bharo' protest as govt offers sops

Rediff.com1 Aug 2018

The government will stand guarantor for loans to be disbursed to youth from the community.

UP to woo investors in Asia and Europe for proposed Defence corridor

UP to woo investors in Asia and Europe for proposed Defence corridor

Rediff.com29 Aug 2019

The Uttar Pradesh Defence corridor is estimated to attract Rs 20,000 crore investment and create 250,000 jobs.

'There are people in TMC who are termites'

'There are people in TMC who are termites'

Rediff.com15 Mar 2021

'The TMC forgets that if people don't stand by you, your party will never win.'

 RNRL-RPower merger gets shareholders' nod

RNRL-RPower merger gets shareholders' nod

Rediff.com6 Sep 2010

Two Anil Ambani group companies, Reliance Power and Reliance Natural Resources, on Monday said their respective shareholders have approved merger between the two entities, estimated to create a Rs 50,000-crore (Rs 500 billion) entity.

Narmada Gelatines seeks nod

Narmada Gelatines seeks nod

Rediff.com8 Feb 2003

Narmada Gelatines Ltd will seek holdersÂ’ approval for a scheme of arrangement to be made between the company and its shareholders.