Alternative investment funds (AIFs) have not seen any significant redemptions from financial institutions even though the 30-day timeline provided by the Reserve Bank of India (RBI) to liquidate their holdings or make full provisions ends recently. Sources said the industry is awaiting certain relaxations or extensions based on the recommendations submitted to the banking regulator. On December 19, the RBI restricted financial institutions and banks from investing in AIFs where there is any downstream link or exposure to a debtor firm.
Maharaja is an audacious attempt that breaks down the tropes of a crime film with a brilliant Vijay Sethupathi in the lead, notes Arjun Menon.
The decision by the World Anti-Doping Agency (WADA), imposed a four-year ban on Russia participating in a range of top-flight sporting tournaments, a period covering the 2020 Tokyo Summer Olympics, the 2022 Beijing Winter Olympics and the 2022 soccer World Cup.
Amyra Dastur has the knack of looking positively divine in just about everything.
Temporary drop-in pitches prepared by Adelaide Oval curator Damian Hough will be used for the upcoming T20 World Cup games in the USA with the ICC building a temporary seating gallery of 34,000 capacity for the marquee game between India and Pakistan in New York on June 9.
The outer structure of Navi Mumbai International Airport's first terminal building is almost ready. Exactly behind the under-construction building, stands a partially demolished hill. Executives from the airport company are now hopeful the hill will be flattened by mid-January, paving the way for the first commercial take-off by December next year.
Industrial base metals major Hindalco delivered a strong consolidated performance during the January-March quarter (Q4) of FY24. Consolidated revenue was reported at Rs 56,000 crore, up 6 per cent quarter-on-quarter or Q-o-Q (flat year-on-year or Y-o-Y), with better realisation and higher India volumes.
Check out the timeline in the Delhi gang rape case which shocked the nation's conscience.
In an address from the lectern on the steps of 10 Downing Street on a rainy London evening, Britain's first Prime Minister of Indian heritage confirmed a summer poll in six weeks' time and that the Parliament would soon be dissolved after he formally informed King Charles III of the election timeline.
With Pant back in action, the Delhi Capitals can anticipate a boost in their batting prowess
rediffGURU Samkit Maniar answers readers' personal income tax queries
Mitch Marsh, an integral part of the Australian squad, has returned to his hometown of Perth for personal reasons
Nivin Pauly is very proud of his latest release, Malayalee From India.
Stock markets would take cues from the biggest event of the week -- the US Fed interest rate decision, besides tracking the trends in global markets and trading activity of foreign investors, analysts said. Last week, a heavy decline in smallcap, midcap firms, foreign fund outflows and elevated crude oil prices in the international market dented investors' sentiments. Experts said equity markets may remain volatile in the near-term amid a host of global central bank's monetary policy decisions lined up during the week.
An alternative way is to make the Asba (Applications supported by blocked amount) facility compulsory for retail investors.
The Dutchman won a maiden Formula One title after a last-lap overtake on Mercedes rival Lewis Hamilton in Abu Dhabi.
With the Supreme Court declining to accord legal recognition to same-sex marriage on Tuesday, a section of the LGBTQ+ community, petitioners and activists highlighted the positives in the ruling and called for legislative action while others expressed dismay and concern.
The Competition Commission of India has introduced draft regulations for combinations or mergers, under the new competition Act, to bring global deals in the digital space, including those involving Big Tech companies, under its scanner. The draft regulations would provide guidance on the valuation of merger transactions and the criteria for assessing sustainable operations in India for companies. The proposed rules mention that if the number of users and subscribers, or the turnover or gross merchandise value in India is over 10 per cent of the global figure, the company would be considered to have substantial business operation in India and would need CCI approval for the merger.
An unknown person sent a letter to his office in Nashik informing him about a contract to kill him.
A husband has no control over his wife's 'stridhan' (woman's property) and while he may use it during the time of his distress, he has a moral obligation to return it to his wife, the Supreme Court has reiterated while directing a man to pay Rs 25 lakh to a woman in return for her lost gold.
Australia captain Pat Cummins is yet to come to terms with the death of his mother and described flying to India for a Test series as she received treatment at home as the "hardest time of my life".
The Securities and Exchange Board of India (Sebi) is considering segregation of settlement for proprietary trades and retail trades to avoid misuse and circumvention by certain brokers, its chairperson Madhabi Puri Buch said recently. Proprietary trading refers to trades done by brokers and other financial institutions using their own capital. "There are some people who are permitting access to their clients through prop accounts for a variety of reasons, including wanting to fund their margins.
Kamila Valieva failed a drug test for a banned substance before the Games.
HDFC Bank's January-March quarter result, which came in-line with expectations, failed to enthuse investors. The reason? The management's decision to abstain from providing any specific growth guidance, and analysts' expectations of an arduous road to recovery. Analysts believe the path to normalisation of several growth metrics is unlikely to be a straightforward one, and the road to balance sheet realignment may be long.
A plea has been filed in the Supreme Court for initiation of contempt proceedings against the Securities and Exchange Board of India (SEBI), alleging it has violated the timeline for completing the investigation and submitting its report on the allegations of stock price manipulation by the Adani group. An application has been filed by PIL petitioner Vishal Tiwari saying that despite the deadline given to the SEBI it has failed to comply with the direction of the court and has not submitted the final conclusion/report as was directed by the court. It said by the order dated May 17, 2023, the apex court directed SEBI to submit its report till August 14, 2023.
The public offer in which government plans to sell 5 per cent (427.77 million shares) was scheduled to open on July 5 and close on July 8.
Expressing hope for a potential deal by Ramadan, he also acknowledged the possibility that an agreement "may not get there," as reported by CNN.
As many as 174 members voted in favour of the motion in the 342-member House while members of the ruling Pakistan Tehreek-e-Insaf were absent during the voting.
In fact, a cotton futures exchange was started in Bombay (now Mumbai) in 1875.
From wrestlers' protest to WFI elections: Timeline
Here is a detailed timeline of the important developments in the matter of Jadhav so far.
Byju Raveendran, CEO and founder of the eponymous edtech giant, has told shareholders that the company will set up a board advisory committee (BAC). This was part of a discussion on July 4 with shareholders at an emergency general meeting (EGM). Raveendran also said that in the next EGM in three weeks will give details about BAC's members and composition.
Interim Budget, the US Federal policy decision and quarterly earnings will be the major drivers for stock markets which may also see some consolidation this week, say analysts. Besides, investors would also focus on the trading activity of foreign investors and global trends for further cues. From the macroeconomic front, the PMI (Purchasing Managers' Index) data for the manufacturing sector is scheduled to be announced on Thursday.
"Today, I am quiet because the attorney general has sought a very short time, next time I will not be quiet. Use your good office to see these issues are resolved," Justice Sanjay Kishan Kaul told Attorney General R Venkataramani. "I thought of saying a lot, but since the attorney general is only seeking seven days time, I'm holding myself," said Justice Kaul, whose bench also comprised Sudhanshu Dhulia, after Venkataramani sought a week's time to come back with instructions on the pending recommendations for judges' appointment to the high court.
Fiscal outlook to be little bit challenging next year: CEA
Retirement fund body EPFO has extended the date for filing applications to opt for a higher pension till June 26, 2023. In order to provide a larger window of opportunity and in order to enable all eligible persons to file their applications, the timeline for filing applications would now be till 26th June, 2023, according to a statement. "The EPFO (Employees' Provident Fund Organisation) has made arrangements for obtaining applications for validation of option/joint option from pensioners/members as per the Supreme Court order on November 4, 2022," labour ministry said in a statement.
As the court delivers its verdict on Thursday on the conviction of the Talwars in 2008 double murder case in Noida, here's a timeline in the case.
Manual horizontal digging will start soon in addition to the ongoing top-down drilling to rescue the 41 trapped workers in the Silkyara tunnel in Uttarkashi, the NDMA said on Monday.
Delegates of International Cricket Council (ICC) and Cricket West Indies (CWI) have started a second inspection of the venues in the Caribbean and in the USA ahead of next year's T20 World Cup.
Telugu star Varun Tej's first pan-India film Operation Valentine will release on March 1.
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