News for 'Special Purpose Vehicles'

Enforcement Directorate Attaches Assets in Andhra Pradesh Liquor Scam Case

Enforcement Directorate Attaches Assets in Andhra Pradesh Liquor Scam Case

Rediff.com5 days ago

The Enforcement Directorate has attached assets worth over 441 crore in connection with the Andhra Pradesh liquor scam, which allegedly occurred during the previous YSRCP government's tenure.

Tata Sons to build, operate Ayodhya temple museum

Tata Sons to build, operate Ayodhya temple museum

Rediff.com2 Dec 2025

The Uttar Pradesh Cabinet has approved the expansion of the proposed temple museum in Ayodhya, contracting Tata Sons to develop and operate the project on a 52-acre site.

Maha cabinet clears land policy for 'third Mumbai' push

Maha cabinet clears land policy for 'third Mumbai' push

Rediff.com10 Feb 2026

The Maharashtra cabinet has approved a land acquisition and allotment policy for development projects in the 'Third Mumbai' area near the Mumbai Trans Harbour Link (Atal Setu), along with other key infrastructure and development initiatives across the state.

11 Items That Got Cheaper Post-Budget

11 Items That Got Cheaper Post-Budget

Rediff.com2 Feb 2026

What items did Indian Finance Minister Nirmala Sitharaman make cheaper?

AI summit, board exams: Delhi braces for traffic chaos

AI summit, board exams: Delhi braces for traffic chaos

Rediff.com16 Feb 2026

Delhi is implementing heightened security and traffic restrictions for the five-day AI Impact Summit, deploying over 10,000 police personnel and issuing traffic advisories to minimize disruption to commuters and students.

Republic Day parade to see next-gen Army officers leading contingents

Republic Day parade to see next-gen Army officers leading contingents

Rediff.com24 Jan 2026

Army officers share their experiences and details about the contingents and displays that will be part of the Republic Day Parade on Kartavya Path.

PIX: Navi Mumbai airport sees first arrivals, departures

PIX: Navi Mumbai airport sees first arrivals, departures

Rediff.com25 Dec 2025

Nearly three decades after the ambitious project was first conceived to decongest the existing airport in the financial capital, the greenfield Navi Mumbai International Airport became a reality on Thursday as an IndiGo Airbus A320 from Bengaluru landed on the tarmac at 8 am amid a traditional water cannon salute.

India's Listed REITs AUM Rises To Rs 2.35 Trillion

India's Listed REITs AUM Rises To Rs 2.35 Trillion

Rediff.com25 Nov 2025

Since their inception, they have cumulatively distributed over Rs 26,700 crore to unitholders.

God's Own Country Takes EV Ride To Top Slot

God's Own Country Takes EV Ride To Top Slot

Rediff.com27 Jan 2026

Kerala has overtaken more industrialised states in personal electric vehicle adoption, driven by strong middle-class uptake, policy support, and charging infrastructure.

Republic Day 2026: Op Sindoor, defence prowess displayed at 77th R-Day parade

Republic Day 2026: Op Sindoor, defence prowess displayed at 77th R-Day parade

Rediff.com26 Jan 2026

Around 100 artistes heralded the parade, on the theme 'Vividata Mein Ekta (Unity in Diversity) that featured a grand presentation of musical instruments, demonstrating the nation's unity and rich cultural diversity.

RBI proposes to allow banks to fund acquisitions

RBI proposes to allow banks to fund acquisitions

Rediff.com25 Oct 2025

Banks will be able to give loans to Indian companies for acquiring the entire equity stake or a controlling part of it in domestic or foreign firms as strategic investment that creates long-term value rather than for short-term financial restructuring if the Reserve Bank of India's (RBI's) draft circular, issued on Friday, comes to fruition.

Recent RBI policies to help banks stay at equilibrium: Kamath

Recent RBI policies to help banks stay at equilibrium: Kamath

Rediff.com17 Oct 2025

The recent policies that have been announced by the Reserve Bank of India (RBI) will allow banks to fully use its capital, funding profile to keep business at an equilibrium level, which otherwise was getting skewed towards retail, said K V Kamath, chairman, Jio Financial Services.

Banks, NBFCs Light Up Season With Special Offers

Banks, NBFCs Light Up Season With Special Offers

Rediff.com24 Sep 2025

Banks and NBFCs are launching festival offers, including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali

US Judgment Against Byju Raveendran Faces Steep Hurdles in India

US Judgment Against Byju Raveendran Faces Steep Hurdles in India

Rediff.com1 Dec 2025

A US court's $1.07-billion default judgment against Byju Raveendran can't be enforced directly in India because the US isn't a "reciprocating territory." Creditors must file a new case in an Indian court.

Byju's Alpha alleges $533 million was routed back to founder in new court filing

Byju's Alpha alleges $533 million was routed back to founder in new court filing

Rediff.com18 Nov 2025

Debtor alleges evidence from OCI Ltd shows funds were "round-tripped" to Byju Raveendran despite his earlier sworn statements -- claims Byju's founders strongly reject.

India, Russia call for 'uncompromising' global fight against terrorism

India, Russia call for 'uncompromising' global fight against terrorism

Rediff.com5 Dec 2025

India and Russia have called for an uncompromising global fight against terrorism without hidden agendas and double standards. Prime Minister Narendra Modi asserted that the menace is a direct attack on the values of humanity.

Want To Invest In Credit Risk Funds?

Want To Invest In Credit Risk Funds?

Rediff.com22 Sep 2025

'Investing in these funds makes sense if their net yield over better-quality funds -- corporate bond funds or banking and PSU funds -- is meaningful.'

New segments like defence and data centres to drive growth for L&T

New segments like defence and data centres to drive growth for L&T

Rediff.com9 Oct 2025

The exit of Larsen & Toubro (L&T) from the Hyderabad Metro is a long-term positive for the stock. It could be a bullish trigger, alongside higher international orders, and new opportunities in segments like defence and data centres.

Fuel efficiency norms allow carmakers to pool with others

Fuel efficiency norms allow carmakers to pool with others

Rediff.com6 Oct 2025

The move offers flexibility in compliance but also places penalties squarely on the designated manager of such a pool.

Delhi gears up for first artificial rain through cloud seeding

Delhi gears up for first artificial rain through cloud seeding

Rediff.com24 Oct 2025

Delhi is preparing for its first artificial rain through cloud seeding to combat air pollution. A trial run was successful, and the first rainfall is expected on October 29 if weather conditions are favorable.

'Conspiracy Was To Destroy My Career'

'Conspiracy Was To Destroy My Career'

Rediff.com9 Dec 2025

Ernakulam Principal Sessions Judge Honey M Varghese acquitted Dileep of the offences charged against him in the case after the trial that lasted around eight years.

J-K police detain over 50 for anti-state activities

J-K police detain over 50 for anti-state activities

Rediff.com11 Nov 2025

Jammu and Kashmir Police detained over 50 people for alleged involvement in anti-state activities following raids across multiple districts. The crackdown targeted separatist networks, overground workers, and individuals linked to Pakistan-based Kashmiri natives.

TVS Motor partners Noise for EV-smartwatch integration

TVS Motor partners Noise for EV-smartwatch integration

Rediff.com17 Sep 2025

TVS Motor Company on Wednesday said it has partnered with connected lifestyle brand Noise for electric vehicle-smartwatch integration to enable riders to connect with their vehicles.

One Reit may enter market annually for next 3-5 yrs: IRA chief

One Reit may enter market annually for next 3-5 yrs: IRA chief

Rediff.com15 Sep 2025

India's real estate investment trust (Reit) sector is set for robust expansion, with at least one new Reit expected to enter the market each year over the next three-five years. This growth trajectory builds on rising occupancies, surging leasing activity, and increasing investor interest.

Govt plans SPV for aircraft manufacturing in India

Govt plans SPV for aircraft manufacturing in India

Rediff.com4 Sep 2024

The government will set up a special purpose vehicle to push ahead with plans to start manufacturing commercial aircraft in India, Civil Aviation Minister K Rammohan Naidu said on Wednesday as he highlighted the potential of the country's fast-growing aviation sector. The Bhartiya Vayuyan Vidheyak Bill 2024, which was passed by the Lok Sabha in August, includes provisions to regulate the design and manufacturing of aircraft, supporting the Aatmanirbhar Bharat initiative for self-reliance.

Senior Maoist carrying a bounty of Rs 6 cr surrenders with 60 others

Senior Maoist carrying a bounty of Rs 6 cr surrenders with 60 others

Rediff.com14 Oct 2025

Senior Naxalite Mallojula Venugopal Rao, also known as Bhupathi, surrendered to police in Maharashtra's Gadchiroli district along with 60 other cadres. Bhupathi, a key strategist in the banned organization, carried a significant bounty.

Small Cars Get Big Relief in New Fuel Efficiency Norms

Small Cars Get Big Relief in New Fuel Efficiency Norms

Rediff.com27 Sep 2025

Maruti Suzuki, India's largest producer of small cars, stands to benefit the most.

'IOB Bets Big On M&A Financing'

'IOB Bets Big On M&A Financing'

Rediff.com3 Nov 2025

'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'

'India shown in bad light': SC slams states on stray dogs

'India shown in bad light': SC slams states on stray dogs

Rediff.com27 Oct 2025

The Supreme Court has directed chief secretaries of states and Union Territories (excluding West Bengal and Telangana) to appear on November 3 to explain the lack of compliance affidavits in the stray dogs case.

Indian Reits distribute Rs 6,070 crore in FY25, up 13% from previous year

Indian Reits distribute Rs 6,070 crore in FY25, up 13% from previous year

Rediff.com16 May 2025

India's four listed Real Estate Investment Trusts (Reits) collectively distributed 13 per cent more funds to their shareholders in fourth quarter of financial year 2024-25 (Q4FY25) at Rs 1,553 crore on year, reflecting the growing strength of the sector fuelled by strong leasing activity, especially from Global Capability Centres (GCCs).

How To Save Money Under New Tax Regime

How To Save Money Under New Tax Regime

Rediff.com3 Oct 2025

Most think tax-saving deductions exist only in the old regime. But the New one quietly retains 40+ ways to ease your tax load

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Rediff.com7 Mar 2025

US-based private equity firm Blackstone and Bengaluru-based real estate developer Sattva Group filed the draft initial public offer (IPO) papers for India's biggest real estate investment trust (Reit) named Knowledge Realty Trust to raise ?6,200 crore. The Reit will be the largest in India in terms of net operating income (NOI) and gross assets value (GAV).

'No one in Dharavi will be left behind'

'No one in Dharavi will be left behind'

Rediff.com25 Mar 2025

The ongoing survey for the Dharavi Redevelopment Project has surpassed the scope of the 2007-08 survey, with over 63,000 tenements already mapped. The survey, which includes ground floor and upper floor structures, aims to provide housing for all residents of Dharavi, including those in existing SRA buildings and on RLDA Land. The project, undertaken by Navbharat Mega Developers Private Limited (NMDPL), aims to construct nearly 1.5 lakh tenements to accommodate the growing population of Dharavi.

Is Telangana Headed For Bankruptcy?

Is Telangana Headed For Bankruptcy?

Rediff.com11 Jul 2025

Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.

SC flags practical challenges in sheltering all stray dogs

SC flags practical challenges in sheltering all stray dogs

Rediff.com22 Aug 2025

The Supreme Court on Friday said a 'blanket direction' to pick up stray dogs in Delhi-NCR and place them in shelters without evaluating the existing infrastructure might lead to a 'catch-22 situation' as the directive might be impossible to comply with.

Auto industry turns on heat over ICE ban, wants ban deferred

Auto industry turns on heat over ICE ban, wants ban deferred

Rediff.com18 Jul 2025

Siam argues that a 2040 ban could destabilise ongoing and future investments and threaten millions of jobs in the automotive value chain.

SC alters order, bars feeding of stray dogs on streets

SC alters order, bars feeding of stray dogs on streets

Rediff.com22 Aug 2025

Its August 11 direction, which prohibits the release of stray dogs from dog shelters, shall be kept in abeyance for the time being, the apex court said.

LMV licence holders can drive heavy vehicles: SC

LMV licence holders can drive heavy vehicles: SC

Rediff.com6 Nov 2024

The judgment from a five-judge Constitution bench, led by Chief Justice DY Chandrachud, offers clarity on licensing regulations and is expected to prevent insurance companies from rejecting claims based on the type of licence of drivers involved in accidents.

Space Milestones For India On Ganesh Chaturthi

Space Milestones For India On Ganesh Chaturthi

Rediff.com28 Aug 2025

India took another leap in space infrastructure with the foundation stone laid for a new launch pad at the country's second rocket port in Kulasekarapattinam.

IPOs That Burned Investor Wealth

IPOs That Burned Investor Wealth

Rediff.com2 Aug 2025

Many high-profile IPOs in India since 2021 have destroyed investor wealth due to overvaluation, weak business models, and post-listing disinterest, turning 1 lakh investments into as little as 3,500.