News for 'Trustee'

Badlapur school sexual assault accused opens fire at police, shot dead

Badlapur school sexual assault accused opens fire at police, shot dead

Rediff.com24 Sep 2024

An official said Akshay Shinde, who worked as a cleaner at the school, was being taken to Badlapur from Taloja jail for investigation.

De-risking loan portfolio likely a top priority for new Bandhan CEO

De-risking loan portfolio likely a top priority for new Bandhan CEO

Rediff.com15 Oct 2024

Partha Pratim Sengupta, who will be taking charge as the MD & CEO of Bandhan Bank in early November, has his task cut out. The Kolkata-based lender, which converted itself from a microfinance institution to a universal bank, is in its 10th year of operation. The bank was able to cut down the share of the micro loan book over these years.

Link PAN with Aadhaar by May 31 or pay higher TDS

Link PAN with Aadhaar by May 31 or pay higher TDS

Rediff.com28 May 2024

The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid tax deduction at a higher rate. As per income tax rules, if a Permanent Account Number (PAN) is not linked with biometric Aadhaar, TDS is required to be deducted at double the applicable rate. Last month, the income tax department issued a circular stating that no action will be taken for short deduction of TDS in case the assessee links his/her PAN with Aadhaar by May 31.

LS passes bill to remove Cong prez as trustee of Jallianwala Bagh memorial

LS passes bill to remove Cong prez as trustee of Jallianwala Bagh memorial

Rediff.com2 Aug 2019

Culture Minister Prahlad Patel asserted that national memorials cannot be 'political memorials' and they should be kept away from politics.

Delhi Metro cancels ad referring to breasts as oranges

Delhi Metro cancels ad referring to breasts as oranges

Rediff.com24 Oct 2024

Delhi Metro on Thursday said it has withdrawn a poster on breast cancer awareness that asked women 'to check your oranges' but the questions remained -- does the metaphor obscure the message, does it help women in a cloistered society get comfortable or more awkward by sexualising a body part.

What's Adani Doing With King Charles's Brother-in-Law?

What's Adani Doing With King Charles's Brother-in-Law?

Rediff.com27 Mar 2024

Glimpses from the opening of the Adani Green Energy Gallery at the Science Museum in London.

Vadodara man arrested for posing as PMO official

Vadodara man arrested for posing as PMO official

Rediff.com24 Jun 2023

The arrest of Mayank Tiwari on Friday comes months after an Ahmedabad resident, Kiran Patel, was held from a five-star hotel in Jammu and Kashmir for posing as a senior official from the PMO.

Noel Tata's three children to be on five Tata Trusts' board seats

Noel Tata's three children to be on five Tata Trusts' board seats

Rediff.com23 May 2024

Noel Tata's children - Leah, Neville, and Maya - have been appointed to the boards of five philanthropic organisations of Tata Trusts, which oversees the $150-billion Tata group. The move is being seen as part of the Trusts' succession plan. Noel Tata's wife Aloo is the daughter of Pallonji Mistry, whose family owns an 18.5 per cent stake in Tata Sons, the holding company of Tata group.

Hindujas' RCap purchase hangs fire as deadline looms with payment on hold

Hindujas' RCap purchase hangs fire as deadline looms with payment on hold

Rediff.com1 Aug 2024

Mauritius-based Hinduja group firm IndusInd International Holdings (IIHL) has informed the administrator of Reliance Capital that it is ready with its equity contribution of Rs 2,750 crore in cash to acquire the bankrupt firm, but it wants certain conditions to be met in accordance with the resolution plan before transferring the amount. IIHL has also filed an application with the Mumbai Bench of the National Company Law Tribunal (NCLT), seeking directions for the administrator and the committee of creditors (CoC) to complete all pending activities to close the transaction and not let the lenders invoke the bank guarantees provided by the firm earlier.

Madoff trustee sues J P Morgan for $6.4 bn

Madoff trustee sues J P Morgan for $6.4 bn

Rediff.com3 Dec 2010

The trustee liquidating the assets of imprisoned scamster Bernard Madoff has sued J P Morgan seeking damages worth $6.4 billion for allegedly aiding the fraud committed by him.

SC refuses to stop Hindu prayers in Gyanvapi mosque cellar

SC refuses to stop Hindu prayers in Gyanvapi mosque cellar

Rediff.com1 Apr 2024

A bench headed by Chief Justice D Y Chandrachud also sought response of priest Shailendra Kumar Pathak Vyas by April 30 on the plea of the mosque committee.

Ram temple gets donations worth Rs 3.17 cr on Day 1 of opening

Ram temple gets donations worth Rs 3.17 cr on Day 1 of opening

Rediff.com25 Jan 2024

On Tuesday, devotees made offerings in cash at the temple counters and online donations, totalling Rs 3.17 crore, Mishra told PTI.

WeWork's exit from India unit unlikely to impact domestic co-working market

WeWork's exit from India unit unlikely to impact domestic co-working market

Rediff.com25 Jun 2024

The exit of WeWork from its India unit is unlikely to have an impact on the country's co-working real estate market, according to industry executives. The company last week received approval from the Competition Commission of India (CCI) to sell its entire 27.5 per cent stake in the India unit to Real Trustee Advisory Company. The majority of the stake (72.5 per cent) in WeWork India is owned by Bengaluru-based Embassy Group.

Bangladeshis hope for normalcy with new govt at the helm

Bangladeshis hope for normalcy with new govt at the helm

Rediff.com9 Aug 2024

People in Bangladesh have welcomed the new interim government led by Nobel laureate Muhammad Yunus, hoping it would restore order, end repression and hold a fair election to facilitate a democratic transition of power.

Meet BJP's 1st woman candidate for LS poll from Goa

Meet BJP's 1st woman candidate for LS poll from Goa

Rediff.com25 Mar 2024

The 49-year-old entrepreneur oversees the media and real estate arm of Dempo Industries as its executive director.

Which is Better? FDs Or Debt MFs?

Which is Better? FDs Or Debt MFs?

Rediff.com5 Sep 2024

Feature for feature, bank FDs are indeed better than debt funds today, mainly thanks to Ms Sitharaman, notes Debashis Basu.

15 STUNNING Wildlife Photos

15 STUNNING Wildlife Photos

Rediff.com19 Sep 2024

A sneak peek of some extraordinary entries for the 60th annual Wildlife Photographer of the Year event.

Minimum wage cap: EPFO mulls hike after 10 years

Minimum wage cap: EPFO mulls hike after 10 years

Rediff.com22 Apr 2024

The Employees' Provident Fund Organisation (EPFO) is considering raising the monthly minimum wage ceiling from Rs 15,000 now to improve the coverage and bring millions of informal workers under its purview. The last increase in the minimum wage ceiling was in 2014 to Rs 15,000 from Rs 6,500.

Yunus takes oath as head of interim B'desh; says will rein in conspirators

Yunus takes oath as head of interim B'desh; says will rein in conspirators

Rediff.com9 Aug 2024

Yunus, 84, was administered the oath of office by President Mohammed Shahabuddin at a ceremony at the presidential palace 'Bangabhaban'.

'The Judiciary Is Like A Black Hole'

'The Judiciary Is Like A Black Hole'

Rediff.com16 Oct 2024

'People don't know about the immense pressures that come with this position -- every decision a judge takes affects real people and their lives.' 'This is not a job that one can take lightly.' A

SC sets aside T'gana HC order declaring 106 acre of forest land as private

SC sets aside T'gana HC order declaring 106 acre of forest land as private

Rediff.com19 Apr 2024

The humans have "selective amnesia" about the significance of forests, the Supreme Court said on Thursday while advocating the need for a change in approach towards natural resources from anthropocentric to ecocentric.

How To Curb Speculation In F&Os

How To Curb Speculation In F&Os

Rediff.com13 Jul 2024

'Sebi had no problem with derivatives until trading exploded after Covid.' 'But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll, Sebi is concerned that people are driving on it in much greater numbers,' explains Debashis Basu.

Caste has no role in appointing temple priests, rules Madras HC

Caste has no role in appointing temple priests, rules Madras HC

Rediff.com27 Jun 2023

The Madras high court has ruled that pedigree based on caste will have no role to play in the appointment of archakas (priests) in temples and allowed trustees to appoint any person well-versed and qualified to perform the puja as per the requirements of the temple Agama.

Ryan murder: Trustees refused advance bail; more arrests likely

Ryan murder: Trustees refused advance bail; more arrests likely

Rediff.com14 Sep 2017

The Gurugram Police detained and questioned Harpal Singh, a gardener at the Ryan International School.

HC stays Jalgaon collector's order barring entry into mosque

HC stays Jalgaon collector's order barring entry into mosque

Rediff.com18 Jul 2023

The Bombay high court on Tuesday granted an interim stay for two weeks on the Jalgaon district collector's order restraining people from praying at a mosque on a complaint by an outfit which claimed the structure has the "appearance of a temple".

Will India CHANGE In Modi 3.0?

Will India CHANGE In Modi 3.0?

Rediff.com27 Jun 2024

The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the continued red tape has kept the enterprise system as stifled as before, points out Debashis Basu.

41 firms facing probe donated Rs 2,471 cr to BJP: Petitioners

41 firms facing probe donated Rs 2,471 cr to BJP: Petitioners

Rediff.com23 Mar 2024

Senior advocate Prashant Bhushan, who appeared for the petitioners in the court, said at least 30 shell companies purchased electoral bonds worth over Rs 143 crore.

Family members of Dalit icons invited to Ayodhya consecration

Family members of Dalit icons invited to Ayodhya consecration

Rediff.com11 Jan 2024

Family members of Dalit icons B R Ambedkar, Jagjivan Ram, Kanshi Ram and other 'prominent people' belonging to the scheduled castes are among those invited for the January 22 consecration ceremony at the Ram temple in Ayodhya, according to sources.

Magsaysay Foundation presents 1959 award to Dalai Lama at home after 64 yrs

Magsaysay Foundation presents 1959 award to Dalai Lama at home after 64 yrs

Rediff.com26 Apr 2023

Ramon Magsaysay Award Foundation president Susanna B Afan and foundation trustee Emily A Abrera met with the Dalai Lama, the Nobel Peace laureate, to personally present the 1959 Ramon Magsaysay Award after 64 years.

Why Foreign Financial Firms Quit India

Why Foreign Financial Firms Quit India

Rediff.com24 May 2024

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.

Puja at Gyanvapi: Masjid committee fails to get relief

Puja at Gyanvapi: Masjid committee fails to get relief

Rediff.com2 Feb 2024

The Allahabad high court on Friday did not give any immediate relief to the Gyanvapi Masjid committee which had challenged the order of the Varanasi court allowing Hindu prayers in a cellar of the mosque.

FinMin rejects plea to double minimum EPS pension

FinMin rejects plea to double minimum EPS pension

Rediff.com12 Feb 2024

The Union finance ministry has rejected a proposal sent by the labour ministry to double the monthly minimum pension amount to Rs 2,000 under the Employee Pension Scheme (EPS). The Central Board of Trustees (CBT), the apex decision-making body of the Employee Provident Fund Organisation (EPFO), was apprised of the proposal's rejection during a meeting on Saturday. "According to the recommendations made by a highly-empowered monitoring committee constituted by the government, a proposal to increase the minimum pension under EPS from Rs 1,000 to Rs 2,000 per month, by providing additional budgetary support, was sent to the ministry of finance.

Case booked as Noida boy throws puppy to death

Case booked as Noida boy throws puppy to death

Rediff.com4 Feb 2024

Acting on a complaint, the Greater Noida police have registered a first information report (FIR) against unknown persons in an incident of a minor boy allegedly throwing a puppy from a high-rise on the road killing the young canine, officials said on Sunday.

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

Rediff.com9 Feb 2024

In a bid to enhance its equity exposure and earn higher returns for its nearly 65 million subscribers, the Employees' Provident Fund Organisation (EPFO) is considering reinvesting 50 per cent of its exchange-traded funds (ETFs) redemption proceeds back into equity. Sources close to the development said a proposal regarding this was discussed in the investment committee (IC) meeting in October last year, and the recommendation has been sent to the Central Board of Trustees (CBT), the apex decision-making body of the EPFO for its approval. The next CBT meeting is scheduled to be held on Saturday.

Will it be Ajit Pawar's wife vs Supriya Sule in Baramati?

Will it be Ajit Pawar's wife vs Supriya Sule in Baramati?

Rediff.com17 Feb 2024

The campaign vehicle carried a banner with photographs of Sunetra Pawar and Ajit Pawar with the symbol of the Nationalist Congress Party.

Govt extends ban on J-K's Jamaat-e-Islami for 5 yrs

Govt extends ban on J-K's Jamaat-e-Islami for 5 yrs

Rediff.com27 Feb 2024

Shah said stringent actions would be taken against any individual who jeopardises the nation's security.

Consecration at 12.20 pm on Jan 22, no darshan on 20-21

Consecration at 12.20 pm on Jan 22, no darshan on 20-21

Rediff.com16 Jan 2024

General secretary of Shri Ram Janmabhoomi Teerth Kshetra Champat Rai on Monday announced that the idol of Lord Ram will be placed at its position at the 'garbh griha' of the temple on January 18 and Pran Pratishtha will take place at 12.20 pm on January 22.

Judge passed puja order on day of retirement, Muslim side tells HC

Judge passed puja order on day of retirement, Muslim side tells HC

Rediff.com6 Feb 2024

The Allahabad high court on Tuesday heard both the Hindu and Muslim sides on the Gyanvapi mosque committee's appeal challenging the Varanasi district court order allowing Hindu prayers in a cellar of the mosque.

India should spend $1 bn annually to train school teachers: Narayana Murthy

India should spend $1 bn annually to train school teachers: Narayana Murthy

Rediff.com15 Nov 2023

One possible way of accelerating National Education Policy's outcome is to invite 10,000 retired highly accomplished teachers from the developed world and from India in STEM areas to create 2,500 "Train the Teacher" colleges in the country's 28 states and eight union territories, Murthy said.

Sebi probing smallcaps a warning bell for microcaps; time to exit: Analysts

Sebi probing smallcaps a warning bell for microcaps; time to exit: Analysts

Rediff.com20 Mar 2024

Micro-cap stocks are in the line of fire as market regulator Securities and Exchange Board of India (Sebi) is tightening its noose around investment in small-cap stocks. Given this, analysts suggest investors exit the segment, at least, for the time being. Independent market analyst, Ambareesh Baliga, for instance, said that regulators have gotten worried on the valuation front, though belated, which could prove to be the last straw on the camel's back.