News for 'Securities and Markets Authority'

Will RBI's rate cut force banks to lend?

Will RBI's rate cut force banks to lend?

Rediff.com28 Apr 2020

'One way of doing this could be offering credit guarantee to the banks, say 10 per cent, for fresh loans given to micro, small and medium enterprises,' observes Tamal Bandyopadhyay.

Normal life disrupted in Kashmir for 42nd day

Normal life disrupted in Kashmir for 42nd day

Rediff.com15 Sep 2019

The weekly flea market opened in Srinagar on Sunday as several vendors put up their stalls on the TRC Chowk-Polo View axis, the officials said.

What was Pratip Chaudhuri's crime?

What was Pratip Chaudhuri's crime?

Rediff.com23 Nov 2021

The account turned bad before Chaudhari took over as SBI chairman and the asset was sold to AARC following an open bidding process, months after Chaudhari retired, explains Tamal Bandyopadhyay.

ESOPs, M&As out of capital gains tax net

ESOPs, M&As out of capital gains tax net

Rediff.com7 Jun 2017

The regulations will only apply to the share purchases that have been done after October 1, 2004

What BJP's Gujarat Win Proves

What BJP's Gujarat Win Proves

Rediff.com9 Dec 2022

What these elections prove beyond any doubt (if ever there was one) that Modi's hold over public mind and Shah's mastery of election management are unparalleled. It doesn't seem likely that they will be matched any time soon in the Indian political scene, reaffirms Shreekant Sambrani.

Bird flu outbreak reported in 7 states now

Bird flu outbreak reported in 7 states now

Rediff.com9 Jan 2021

Besides Uttar Pradesh, the other six states where bird flu is confirmed are Kerala, Rajasthan, Madhya Pradesh, Himachal Pradesh, Haryana and Gujarat.

Enforcing A Ban On Cryptos Is IMPOSSIBLE

Enforcing A Ban On Cryptos Is IMPOSSIBLE

Rediff.com24 Nov 2021

Traders who pay in rupees generate over Rs 50 crore in daily cryptocurrency volumes. Indians actually invest a great deal more in forex-denominated trades, observes Devangshu Dutta, explaining why it is impossible to ban cryptocurrency.

The Man in the Middle of the Twitter Storm

The Man in the Middle of the Twitter Storm

Rediff.com10 Jul 2021

When the Delhi police served him a notice in May for a case involving tagging some political leaders' tweets as carrying manipulated media, a spirited Maheshwari said he was employed by Twitter Communications Private Limited, and not Twitter Inc, and, therefore, could not help them. The authorities were understandably not pleased.

2022 Will Determine Xi's Political Future

2022 Will Determine Xi's Political Future

Rediff.com3 Jan 2022

Xi does not want to risk any political or economic crisis complicating his bid to remain in office, observes Ambassador Shyam Saran, the former foreign secretary.

Mukesh Ambani bats for data privacy, cryptocurrency bills

Mukesh Ambani bats for data privacy, cryptocurrency bills

Rediff.com3 Dec 2021

Billionaire Mukesh Ambani on Friday backed the proposed data privacy and cryptocurrency bills, saying India is putting in place the most forward-looking policies and regulations. Ambani, who has been a votary of Indians owning and controlling their own data and the nation drafting strict rules around how digital information is stored and shared, said nations have the right to build and protect strategic digital infrastructure. Stating that data is the 'new oil', he said every citizen's right to privacy has to be safeguarded. "India is putting in place the most forward-looking policies and regulations," he said at the Infinity Forum, hosted by International Financial Services Centres Authority (IFSCA).

What To Check Before Studying Abroad

What To Check Before Studying Abroad

Rediff.com29 Apr 2022

While most universities and colleges are genuine about what they offer, applicants need to verify the claims to check for authenticity and red flags if any, alerts Piyush Kumar, regional director, (South Asia), IDP Education, an overseas education consultancy.

Make no mistake, we're heading into war

Make no mistake, we're heading into war

Rediff.com22 Oct 2021

The days of a thousand cuts are over. These mini wars will remain under the threshold of undeniable war, but will escalate closer to that threshold when their big brother pushes in. Chinese aggression has changed the matrix, the strategies, and surely the objectives too, warns David Devadas.

Pfizer seeks approval in India for Covid vaccine

Pfizer seeks approval in India for Covid vaccine

Rediff.com6 Dec 2020

'Pfizer India has submitted an application on December 4 to the DCGI seeking emergency use authorization for its COVID-19 vaccine in India'

Curfew-like curbs reimposed in Kashmir to foil Muharram processions

Curfew-like curbs reimposed in Kashmir to foil Muharram processions

Rediff.com10 Sep 2019

The processions stand banned in Kashmir since 1990 when armed insurgency began.

USFDA denies Covaxin emergency use nod, to take 'full approval' route

USFDA denies Covaxin emergency use nod, to take 'full approval' route

Rediff.com11 Jun 2021

In a setback that could potentially delay the launch of Bharat Biotech's Covid-19 vaccine Covaxin in USA, the Food and Drug Administration there has "recommended" Ocugen Inc, the US partner of the Indian vaccine maker, to go for Biologics Licence Application (BLA) route with additional data, nixing hopes of Emergency Use Authorisation.

'You never exit a portfolio'

'You never exit a portfolio'

Rediff.com23 Mar 2021

'We will be looking to prune our portfolio to make GIC Re a healthier entity.'

Afghanistan recalls envoy, senior officials from Pakistan

Afghanistan recalls envoy, senior officials from Pakistan

Rediff.com19 Jul 2021

The diplomatic crisis between Pakistan and Afghanistan deepened on Sunday after Kabul announced that it will withdraw its ambassador and other senior staff from Islamabad after the abduction and torture of the daughter of its envoy to Pakistan.

Sebi wants govt banks as 'public' shareholders in stock exchanges

Sebi wants govt banks as 'public' shareholders in stock exchanges

Rediff.com19 Mar 2014

The issue is likely to be discussed on Thursday at a meeting of Sebi's board, which would also be apprised of the impact of the Finance Ministry's decision for not agreeing to such a proposal from the capital markets regulator, sources said.

Why India's airlines are plagued by glitches

Why India's airlines are plagued by glitches

Rediff.com15 Aug 2022

The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.

Delhi's 'Yellow, Amber, Orange, Red' plan for 3rd Covid wave

Delhi's 'Yellow, Amber, Orange, Red' plan for 3rd Covid wave

Rediff.com9 Jul 2021

The stage of alert will be based on positivity rate (on two consecutive days), cumulative number of new cases (over a week) and average oxygenated-bed occupancy (for a week).

RERA: Only 22% happy with grievance redressal system

RERA: Only 22% happy with grievance redressal system

Rediff.com28 Jul 2021

However, the report pointed out that the implementation of the grievance redressal process still has many gaps as "only 22 per cent of the consumers involved in a grievance redressal process were satisfied due to the uncertain timelines involved". The Real Estate (Regulation and Development) Act, 2016, was passed by Parliament in March 2016.

Sebi's plan to sell select assets of Mallya falls flat

Sebi's plan to sell select assets of Mallya falls flat

Rediff.com29 Nov 2017

The assets mentioned in the Sebi order are already in possession of the ED for violation of an anti-money laundering law by Mallya and PMLA overrides all other laws, providing ED first right over the assets.

New restrictions in Maha from Wednesday. What's allowed and what's not

New restrictions in Maha from Wednesday. What's allowed and what's not

Rediff.com13 Apr 2021

Maharashtra Chief Minister Uddhav Thackeray announced a statewide curfew for 15 days from 8 am on April 14 to contain the rapid spread of the coronavirus in its second wave. With Section 144 being imposed across the state, Thackeray essential services have been exempted from the restrictions. The curfew will be in place till 7 am on May 1.

What should the RBI do next, Mr Das?

What should the RBI do next, Mr Das?

Rediff.com17 Apr 2020

'No one cares about fiscal deficit now. Or for that matter, inflation.' 'The focus is on growth and growth alone.' 'RBI needs to break the risk aversion of banks and infuse adrenaline in their veins', says Tamal Bandyopadhyay.

WhatsApp moves Delhi HC, says IT rules undermine users' privacy

WhatsApp moves Delhi HC, says IT rules undermine users' privacy

Rediff.com26 May 2021

WhatsApp has filed a lawsuit in the Delhi high court challenging the government's new digital rules saying the requirement for the company to provide access to encrypted messages will break privacy protections.

What Cairn, Vodafone, Devas reveal about the Indian State

What Cairn, Vodafone, Devas reveal about the Indian State

Rediff.com23 Jul 2021

The Indian State's arbitrariness may have come to be accepted with resignation within the country, but when it behaves in the same manner with external players, it gets a push-back, observes T N Ninan.

Pulitzer-winning Indian photojournalist Danish Siddiqui killed in Afghanistan

Pulitzer-winning Indian photojournalist Danish Siddiqui killed in Afghanistan

Rediff.com17 Jul 2021

Danish Siddiqui, in his early 40s, was killed during clashes in Spin Boldak district in Kandahar, Tolo News quoted sources as saying.

Why didn't China warn the world in December?

Why didn't China warn the world in December?

Rediff.com27 Mar 2020

The reality is, the worldwide toll could have been checked within time if China had been more transparent and had warned countries regarding the new strain of Severe Acute Respiratory Syndrome (SARS)-like infection, which originated at a 'wet market' in its province of Hubei late last year.

Jio is India's top telecom revenue earner

Jio is India's top telecom revenue earner

Rediff.com27 Aug 2019

The incumbents Bharti Airtel and Vodafone Idea recorded adjusted gross revenue of Rs 10,701.5 crore and Rs 9,808.92 crore, respectively, during the quarter.

Mobile makers turn down DoT's demand for source code

Mobile makers turn down DoT's demand for source code

Rediff.com1 Jul 2020

The mobile phone manufacturers are planning to plead with the government that the new rules suggested by the DoT could leave them with no option but to stop introducing new phone models in the country if the stringent rules are eventually approved.

J&K restrictions to prevent deaths, removal in phases

J&K restrictions to prevent deaths, removal in phases

Rediff.com13 Aug 2019

Restrictions imposed on people's movement and communication links in the Kashmir Valley are being eased out in a phased manner and the normal situation in the Jammu division has been restored after assessment by relevant local authorities.

Air India eyes more slots at Heathrow

Air India eyes more slots at Heathrow

Rediff.com15 Jan 2020

With over 700,000 annual passengers and 21 per cent market share Air India is the largest carrier on India-United Kingdom routes.

Infosys faces another lawsuit in US

Infosys faces another lawsuit in US

Rediff.com12 Dec 2019

US-based Schall Law Firm has said it will file a class action lawsuit against Infosys Ltd to recover losses suffered by investors in the wake of allegations of "unethical practices" at the Indian IT major. In October, Infosys had informed the stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management.

Amazon knocks on Sebi doors again over Future-RIL deal

Amazon knocks on Sebi doors again over Future-RIL deal

Rediff.com11 Jan 2021

E-commerce major Amazon has written to Sebi yet again, apprising the market regulator of the formation of the arbitration tribunal at SIAC while urging it to suspend the review of the Rs 24,713 crore Future-RIL deal. It has also filed an appeal with the division bench of the Delhi high court against the December 21 order of the single member bench, according to sources.

Funds get a Sebi code to boost corporate governance

Funds get a Sebi code to boost corporate governance

Rediff.com2 Jan 2020

Sebi's stewardship code for mutual funds and alternative investment funds lays down six principles to improve corporate governance standards in their investee companies, reports Jash Kriplani.

BSE, NSE cut off tieups with foreign exchanges

BSE, NSE cut off tieups with foreign exchanges

Rediff.com10 Feb 2018

The move is meant to curb or reverse the export of India's financial markets to overseas trading platforms.

Banks and ARCs: Time to break the cosy relationship

Banks and ARCs: Time to break the cosy relationship

Rediff.com31 May 2021

Banks feel happy shifting their toxic assets from loan books to investment books while the ARCs enjoy the management fees with a smile, observes Tamal Bandyopadhyay.

Champions Trophy says cheers to Mallya's Kingfisher beer

Champions Trophy says cheers to Mallya's Kingfisher beer

Rediff.com22 May 2017

Kingfisher to be lager partner at ICC Champions Trophy to be played in UK.

Nod for Covid vaccine in next few days: Serum Institute's Poonawalla

Nod for Covid vaccine in next few days: Serum Institute's Poonawalla

Rediff.com29 Dec 2020

The Serum Institute of India has stockpiled 40 mn-50 mn doses and is adding more every week. Most of these will come to India.

2021: How to organise your financial documents

2021: How to organise your financial documents

Rediff.com5 Jan 2021

The trick is to know how long you are supposed to hold which document, observes Bindisha Sarang.