Sepp Blatter was re-elected president of FIFA for a fifth term on Friday after the only other candidate conceded defeat after a first round of voting in an election overshadowed by allegations of corruption in world soccer.Sepp Blatter was re-elected president of FIFA for a fifth term on Friday after the only other candidate conceded defeat after a first round of voting in an election overshadowed by allegations of corruption in world soccer. Blatter's victory came despite demands that he quit in the face of a major bribery scandal being investigated by U.S., Swiss and other law enforcement agencies that plunged the world soccer body into the worst crisis in its 111-year history. Neither Blatter nor Jordanian challenger Prince Ali bin Al Hussein got the necessary two thirds of the vote in the first round, with Blatter on 133 and Prince Ali on 73. Prince Ali later conceded. In a victory speech, Blatter declared: "Let's go FIFA, let's go FIFA," to a standing ovation. Speaking just before the vote, Blatter, who joined FIFA in 1975, said he felt that he had only been with the organisation for a short time and wanted to stay longer. "What is time anyway. I find that the time I have spent at FIFA is very short," he said. "The more one ages the more time flies by quickly. I am with you, and I would like to stay with you," he said to applause.
Day 2: Syed Firdaus Ashraf attempts to deposit Rs 500, 1,000 notes in his bank account.
Sam Manekshaw led the Indian Army to its greatest military victory this month 46 years ago. Lieutenant Colonel A K Shinde (retd), the field marshal's doctor for 35 years, tells Rediff.com's Archana Masih about the charming man behind the soldier's uniform.
Arthur J Pais, who has covered the Toronto International Film Festival for Rediff.com for 13 years, glances at the buzz-worthy movies at TIFF 2014.
Bandhan Bank is the first bank to be launched in eastern India post Independence.
'A fresh look is being given to ways of processing, transmission, and delivery.'
'Don't do it if you only want to wear good clothes and drive a flashy car. Get into banking, then.'
There are perks for banking with the newest bank in India.
'What would a composite of Dawood, Rajan, and Arun Gawli be like?' 'What if an absconding mafia boss were to land in Mumbai tomorrow, tired from all the running, and tender his final apology to the city by narrating his story and narrating it with brutal honesty?' Sreehari Nair watches Sacred Games.
Aadhaar now has legal backing but it still faces challenges of privacy and data sharing
It is possible that this experiment might see a rise in the Union government's cost incurred on tax concessions, without any increase in the tax base or coverage, says A K Bhattacharya.
Tamal Bandyopadhyay discusses his latest book Bandhan: The Making of a Bank at Bandhan headquarters in Kolkata.
Bihar Chief Minister Nitish Kumar on Tuesday hit back at Narendra Modi, comparing him to Hitler and said his desperate dream to unfurl national flag at Red Fort would remain unfulfilled.
Banking as we know it will stand on its head in the next 10 years.
Follow these 5 tips to deliver a killer presentation.
'You don't need a godfather to protect you from dangers of Bollywood because nobody will.'
Down in the Indian Ocean, cricket turned out to be the great unifier and Archana Masih, only an intermittent fan, became its ambassador of sorts.
An international television series is on the anvil says Anand Neelkantan as he shares the challenges of penning The Rise Of Sivagami.
'There was a kissing scene in Hello with Gul Panag, but nobody saw that film. In Style, it was only a little peck on the cheek. There was a little in Life... In A Metro too. But I haven't done an erotic film.' Sharman Joshi gets candid about his first erotic film, Hate Story 3.
Debit card use at POS terminals increasing at rapid clip, transactions at ATMs declining
'As citizens of this country, we often expect sweeping changes here, but find the smallest of abdications that we may ourselves be called upon to make far too inconveniencing.' 'Think about it deeply -- about the move and the reactions it has gathered -- and we will actually learn a lot about ourselves,' says Sreehari Nair.
From Boyhood to The Grand Budapest Hotel, we've seen some brilliant cinema this year.
'We had decided that if the audience liked Stree, then after two or three years we would plan a sequel.' 'Because of the kind of reaction we received for the film we have already started work on it.'
PK is no satire -- it's a bit too toothless for that -- but it is a rollicking mainstream entertainer with ambition to evoke some introspection, says Raja Sen.
'As a director, I am happy to take the blame because that's mine but I get blamed for everything.' Anurag Kashyap gets candid.
Though the list of superstitious beliefs is long, often dissolving distinctions of class, caste, religion and education, Karnataka's anti-superstition bill is seen as a big step ahead.
India must first improve working condition, then it can concentrate on Make in India concept.
Whether India can create labour-intensive factory jobs instead that it needs to put millions to work in the next few years looks very unlikely.
KV Kamath has had a tough journey so far.
Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it and what lies ahead.
'My own Indianness has kept me evolving and changing -- and that's something that nobody and nothing can take from me,' says Roopa Unnikrishnan, who left the Indian shores a decade ago. As India gears up to honour its pravasis to mark their contribution in the nation's development, Rediff.com presents different perspectives on the Diaspora.
Anecdotes and laughter peppered the launch of Renu Kurien Balakrishnan debut novel, Four Aleys.
Her book is less of a Hindutva-loving diatribe against the Dynasty than its detractors suggest, but it is still hard to agree with much of what she writes, says Vir Sanghvi on Tavleen Singh's latest book.
Some banks might charge you a nominal amount of Rs 100-150 for issuing the card.
Non-resident individuals (NRIs) have also been allowed to apply for the niche banking licence, provided they plan to return to India.
We need a change in mindset, says the RBI Governor.
'There is no danger of the suggestion being accepted in a hurry, as we are still discussing the design of an IFS tie and trainee officers are still taught how to handle forks and knives.'
Tough conditions imposed by global lenders could cause an outcry.
If you have an IT firm, you should avoid encroaching on their turf.