News for 'Settlement Commission'

India abstains from UN resolution over 'violation' of Palestinian rights

India abstains from UN resolution over 'violation' of Palestinian rights

Rediff.com31 Dec 2022

The United States and Israel voted against the resolution while Brazil, Japan, Myanmar and France were among those that abstained.

Karnataka: Cong demands arrest of BJP MLA, others for trader's suicide

Karnataka: Cong demands arrest of BJP MLA, others for trader's suicide

Rediff.com3 Jan 2023

Speaking to reporters after meeting the family, he said, as MLA of the locality, Arvind Limbavali is said to have tried to settle things.

Record $600mn settlement in US insider trading case

Record $600mn settlement in US insider trading case

Rediff.com16 Mar 2013

Two Indian Americans are at the centre of a case, which resulted in a deal that brought $600 million to the Securities and Exchange Commission, the largest amount it got ever to settle an investigation.

Russia to withdraw troops from Ukraine's Kherson

Russia to withdraw troops from Ukraine's Kherson

Rediff.com10 Nov 2022

Notably, Ukrainian forces disabling bridges across the Dnipro river and attacking Russian supply lines made it very difficult for Russia to defend the occupied territory.

Reorient Islam to China, be patriotic, China tells Muslims

Reorient Islam to China, be patriotic, China tells Muslims

Rediff.com21 Sep 2022

A top leader of the ruling Communist Party has asked China's over 25 million Muslims to "uphold the banner of patriotism" and reorient Islam to adapt to Chinese conditions, amid Beijing's diplomatic offensive to counter a damning UN report accusing it of serious human rights violations against Uygur Muslims.

FTX Failure: Lessons To Be Learnt

FTX Failure: Lessons To Be Learnt

Rediff.com16 Dec 2022

Damage from new shenanigans can be contained if regulators move quickly when something does not smell right, counsels Debashis Basu.

A whopping Rs 1.45 lakh cr stuck due to tax disputes

A whopping Rs 1.45 lakh cr stuck due to tax disputes

Rediff.com31 Jul 2015

Finance Minister Arun Jaitley on Friday said as many as 37,506 tax dispute cases were pending before various Income Tax Appellate Tribunals having a financial implication of Rs 1.45 lakh crore at end March 2015.

What is the biggest concern about GST?

What is the biggest concern about GST?

Rediff.com12 Apr 2017

As corporate India gears up to be GST-ready, the ongoing litigation and tax dispute cases are something most businesses are cagey about.

Will build China into great wall of steel, vows Xi in first speech of 3rd term

Will build China into great wall of steel, vows Xi in first speech of 3rd term

Rediff.com13 Mar 2023

President Xi Jinping on Monday vowed to build China's military into a "Great Wall of steel" to protect its sovereignty and developmental interests as he sought a bigger role for Beijing in global affairs, days after brokering a Saudi Arabia-Iran detente, regarded as a diplomatic coup.

Govt announces host of steps to deal with black money menace

Govt announces host of steps to deal with black money menace

Rediff.com28 Feb 2015

Govt to introduce comprehensive law on black money

Over Rs 2,000 cr of M&As may come under CCI's purview

Over Rs 2,000 cr of M&As may come under CCI's purview

Rediff.com6 Aug 2022

An additional criterion in mergers and acquisitions (M&As) may require digital businesses to secure approval from the Competition Commission of India (CCI), the anti-trust regulator. The government is set to introduce a minimum threshold "transaction value" of Rs 2,000 crore (around $250 million) for any deal as a criterion for notification to the anti-trust regulator if the entity being acquired has substantial operations in India. The new criterion is learnt to be part of the proposed amendments to the two-decade-old Competition law, which is expected to be tabled in the ongoing monsoon session of Parliament.

Why Term Plan Is Better For Home Loan Liability

Why Term Plan Is Better For Home Loan Liability

Rediff.com28 Sep 2022

If you opt for a term-life cover, buy separate policies to cover the loan for all the co-borrowers in a home loan for a sum assured equal to the home loan amount.

Why Short-Sellers Like Hindenburg Matter

Why Short-Sellers Like Hindenburg Matter

Rediff.com8 Feb 2023

Strange souls see a research report on an Indian conglomerate as part of a vast conspiracy to Keep India Down. There is only one possible response to this: Grow up. Nobody in the West cares enough about India or Adani to put all the effort into creating a giant conspiracy that links together BBC documentaries and short-sellers, points out Mihir S Sharma.

World must not forget Afghan situation, says Jaishankar after talks with Lavrov

World must not forget Afghan situation, says Jaishankar after talks with Lavrov

Rediff.com8 Nov 2022

At a joint media briefing with Lavrov, Jaishankar listed issues such as "factors of instability" such as terrorism and its cross-border manifestation and said it remains a "major concern".

Piramal Group's resolution plan for beleaguered DHFL gets NCLT nod

Piramal Group's resolution plan for beleaguered DHFL gets NCLT nod

Rediff.com8 Jun 2021

The Mumbai Bench of the National Company Law Tribunal (NCLT) on Monday approved Piramal Group's resolution plan for the beleaguered Dewan Housing Finance Ltd (DHFL), which has been reeling from the insolvency process since 2019. The plan put forward by Piramal Group, which has offered to pay Rs 37,250 crore, has been approved by the committee of creditors (CoC), the Reserve Bank of India (RBI), and the Competition Commission of India (CCI).

Arms dealer Bhandari sues French firm for unpaid cut in Indian deal

Arms dealer Bhandari sues French firm for unpaid cut in Indian deal

Rediff.com11 Jan 2022

Sanjay Bhandari, an accused arms dealer wanted in India on money laundering and tax evasion charges, is pursuing a separate legal battle of his own in France over an alleged unpaid cut from a large Indian defence contract dating back over 10 years, according to a UK media report.

Chinese economy may be hit harder by war in Ukraine

Chinese economy may be hit harder by war in Ukraine

Rediff.com3 Mar 2022

Amid China's economic slowdown, the country's economic challenges may increase manifold and its economy may be hit harder in the wake of the Ukraine-Russia crisis.

Future Retail shuts Big Bazaar as RIL plans takeover

Future Retail shuts Big Bazaar as RIL plans takeover

Rediff.com28 Feb 2022

Future Retail has shut most of its Big Bazaar stores since February 25 (Friday) and its website is also down as it missed lease payments to Reliance Industries (RIL). RIL will open most of the 200 Future Retail stores as Reliance stores in the next week and it is in the process of taking stock, re-branding, and transferring 30,000 Future Retail and Future Lifestyle employees on to the rolls of its manpower and staffing firm Reliance SMSL, according to a source. The first tranche of stores are set to be opened as early as in the next two days.

Cabinet approves bill on black money

Cabinet approves bill on black money

Rediff.com17 Mar 2015

To check black money menace, the Cabinet on Tuesday approved a new bill that would give more powers to the tax department in tracking illicit wealth stashed abroad and provide for strict penal actions for such offence.

Is Tourism Destroying Goa?

Is Tourism Destroying Goa?

Rediff.com24 Feb 2023

Poor governance and mediocre short-sighted politics are destroying the paradise that Goa was as its environment, water table, culture and way of life is drastically threatened by tourism and migration, points out Ramesh Menon.

BJP wins Manipur, but no consensus on CM choice

BJP wins Manipur, but no consensus on CM choice

Rediff.com10 Mar 2022

The Bharatiya Janata Party is ahead in 20 seats in Manipur, with Chief Minister N Biren Singh leading by a handsome margin of more than 16,000 votes against his nearest Congress rival in Heingang constituency, Election Commission data showed.

Indian firms reject Google Play's new bill plan

Indian firms reject Google Play's new bill plan

Rediff.com19 Mar 2021

Indian industry snubbed Google Play's decision to cut by half its commission for developers when they make $1 million in annual revenue for in-app purchases, saying the US tech giant may continue its "abrasive & monopolistic abuse" as it owns the Android system. Google Play said Tuesday that beginning July 1 it would slash its 30 per cent billing fee to 15 per cent for developers globally when they make the first $1 million of their annual revenue.

RPL case: Sebi fines RIL, Mukesh Ambani

RPL case: Sebi fines RIL, Mukesh Ambani

Rediff.com1 Jan 2021

Regulator Sebi on Friday imposed penalties on Reliance Industries Ltd, its chairman and managing director Mukesh Ambani as well as two other entities for alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) back in November 2007. Fines of Rs 25 crore and Rs 15 crore have been imposed on Reliance Industries Ltd (RIL) and Ambani, respectively. Besides, Navi Mumbai SEZ Pvt Ltd has been asked to pay a penalty of Rs 20 crore and Mumbai SEZ Ltd has been directed to pay Rs 10 crore. The case pertains to sale and purchase of RPL shares in the cash and the futures segments in November 2007.

'Muslims ready to give up Babri claim, their leaders are not'

'Muslims ready to give up Babri claim, their leaders are not'

Rediff.com23 Nov 2018

'Today, the situation in the country is bad.' 'The distance between Hindus and Muslims is increasing.' 'If an out-of-court settlement is reached, then a cordial atmosphere will prevail in the country.'

How Madhabi Puri Buch Is Changing Sebi

How Madhabi Puri Buch Is Changing Sebi

Rediff.com20 Jun 2022

Industry players credit Sebi's first woman chairperson with putting special emphasis on cyber security, use of tech and data, areas where Sebi is trying to 'stay ahead of the curve'.

Your Health Insurance Queries Answered

Your Health Insurance Queries Answered

Rediff.com20 Jan 2022

Rakesh Kaul, CDO, Edelweiss General Insurance, answers your health insurance queries.

Govt set to overhaul gold import scheme

Govt set to overhaul gold import scheme

Rediff.com1 Nov 2014

Move comes after agencies unearth several cases of misuse of the 80:20 scheme.

China sees red over new US-led Indo-Pacific grouping, calls it 'economic Nato'

China sees red over new US-led Indo-Pacific grouping, calls it 'economic Nato'

Rediff.com24 May 2022

As US President Joe Biden launched a new trade deal with 12 Indo-Pacific nations, including India, to enhance trade, economic and investment opportunities, China, which sees the pact as a threat to its dominance in the region, went on the offensive against it, promising more opening up, while the official media here termed it as "economic Nato".

A 2 minutes' guide to RBI monetary policy

A 2 minutes' guide to RBI monetary policy

Rediff.com7 Apr 2017

From liquidity, monetary policy operations to financial inclusion, know about RBI monetary policy

Black money Bill likely to be tabled in Lok Sabha tomorrow

Black money Bill likely to be tabled in Lok Sabha tomorrow

Rediff.com19 Mar 2015

The Bill could be referred to the Parliamentary Committee for scrutiny

DHFL shares may get delisted post acquisition by Piramal

DHFL shares may get delisted post acquisition by Piramal

Rediff.com7 Jun 2021

Debt-ridden mortgage firm DHFL's shares would be delisted from stock exchanges post acquisition by Piramal Capital and Housing Finance, which has emerged as the successful bidder for the company. As part of resolution process under the Insolvency and Bankruptcy Code (IBC), lenders led by Union Bank of India in January this year favoured the bid by Piramal Capital and Housing Finance to take over the beleaguered housing finance firm. According to sources, shares of DHFL would be delisted post acquisition as per the IBC guidelines and Sebi delisting norms.

We are not a 'high-tax' govt: Jaitley

We are not a 'high-tax' govt: Jaitley

Rediff.com25 Jul 2014

Jaitley also dismissed criticism that lower taxes were aimed at helping corporates.

India must learn from US, UK regulators' mistakes

India must learn from US, UK regulators' mistakes

Rediff.com20 Jan 2012

India must learn from the missteps made by financial regulators in the US and UK.

Black Money: Archaic laws won't help, India must ban Mauritius route

Black Money: Archaic laws won't help, India must ban Mauritius route

Rediff.com5 Mar 2015

The larger amount of black money either goes into domestic real estate or bullion, or is round-tripped back into India anyway.

Hope for 'open, inclusive' Islamic govt in Afghanistan: China

Hope for 'open, inclusive' Islamic govt in Afghanistan: China

Rediff.com16 Aug 2021

China on Monday expressed the hope that the Taliban will stand by its commitment of establishing an "open and inclusive" Islamic government in Afghanistan and will ensure a peaceful transition of power without violence and terrorism.

Mahindra reaches deal with SEC

Mahindra reaches deal with SEC

Rediff.com7 Apr 2011

This settlement relates to an accounting fraud perpetrated by the company's former management from at least 2003 through September 2008.

BJP Move in Delhi: Will AAP Profit?

BJP Move in Delhi: Will AAP Profit?

Rediff.com9 Apr 2022

If AAP dominates both state and local elections, the move for unification may become the illness for the BJP instead of the medicine it was supposed to have been.

Intel settles charges of anti-competitive conduct

Intel settles charges of anti-competitive conduct

Rediff.com5 Aug 2010

Global computer chip major Intel has reached at a settlement with the US Federal Trade Commission to resolve the anti-competitive charges against it and agreed to follow series of restrictions.

'Ayodhya judgment is clear: We have to co-exist'

'Ayodhya judgment is clear: We have to co-exist'

Rediff.com18 Oct 2010

Kamal Farooqui, member of the All-India Muslim Personal Law Board and former chairperson of the State Minority Commission, believe the Ayodhya verdict gives all warring sides a golden opportunity to come to a settlement and end the vexed issue which has caused untold violence and harm to the Muslims. In a candid interview with Vrinda Gopinath, he many of the perplexing issues and outlines a strategy for a final settlement.

The noose tightens around NSEL

The noose tightens around NSEL

Rediff.com7 Aug 2013

On Tuesday, it stopped trading in e-series contracts in gold in anticipation of the notification to this effect.