News for 'Trustee'

Big moment as street in New York co-named after Ganesh temple

Big moment as street in New York co-named after Ganesh temple

Rediff.com4 Apr 2022

Established in 1977, The Hindu Temple Society of North America Sri Maha Vallabha Ganapati Devasthanam, popularly known as the Ganesh temple, is regarded as the first and oldest Hindu temple in North America.

Titanic tourist submersible carrying 5 goes missing

Titanic tourist submersible carrying 5 goes missing

Rediff.com20 Jun 2023

British-Pakistani billionaire businessman Shahzada Dawood and his son Suleman were also on the sub, the BBC reported on Tuesday.

India asks for $55-million funding in first call with Pandemic Fund

India asks for $55-million funding in first call with Pandemic Fund

Rediff.com30 May 2023

In a significant development, India is believed to have placed a funding request of around $55 million in its first call with the Pandemic Fund of the World Bank, sources said. The fund has been set up to finance critical investments in a bid to strengthen pandemic prevention, preparedness, and response capacities at national, regional, and global levels, with a focus on low- and middle-income countries. It was created in the aftermath of the Covid-19 global pandemic.

HC pulls up Centre over 1-page reply to plea on PM CARES Fund

HC pulls up Centre over 1-page reply to plea on PM CARES Fund

Rediff.com12 Jul 2022

Observing that the issue concerning the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) is 'not so simple' the high court asked the Centre to file a 'detailed and exhaustive' response in the matter.

Maha govt, Oppn spar over claims of lathi charge on warkaris in Alandi

Maha govt, Oppn spar over claims of lathi charge on warkaris in Alandi

Rediff.com12 Jun 2023

The incident occurred when devotees were scrambling to gain entry into Sant Dnyaneshwar Maharaj Samadhi Mandir in Alandi town, 22 km from Pune city, during the ceremonial procession which is part of the annual Ashadhi Ekadashi pilgrimage to Pandharpur.

Senseless To Predict Nifty Direction

Senseless To Predict Nifty Direction

Rediff.com12 Jul 2023

Very often, 'sentiment' drives prices well beyond what is warranted and it is hard to forecast market sentiment, explains Debashis Basu.

US bank pulls out of Adani's Australian coal mine project

US bank pulls out of Adani's Australian coal mine project

Rediff.com8 Nov 2021

Bank of New York Mellon Corp has pulled out of providing financial services to the Adani group and its Carmichael coal mine in Australia, saying the venture is incompatible with its environmental, social and governance rules.

Madras HC rules on how Iyengar sects may observe Brahmotsavam festival

Madras HC rules on how Iyengar sects may observe Brahmotsavam festival

Rediff.com17 May 2022

The Madras high court on Tuesday held that the devotees of Thenkalai sect must be given the first two or three rows inside the Varadaraja Perumal temple in Kanchipuram and behind them the Vadakalai sect, and ordinary devotees shall be permitted to sit in the remaining available space.

Banks' Digital Push Risks Customers' Safety

Banks' Digital Push Risks Customers' Safety

Rediff.com28 Jul 2023

We as customers have to be conscious and careful to sidestep numerous types of frauds made possible under a mindless shift to a digital ecosystem without customer-redress procedures, warns Debashis Basu.

US court rejects Nirav Modi's plea against fraud charges

US court rejects Nirav Modi's plea against fraud charges

Rediff.com19 Oct 2021

In a major blow to Nirav Modi, a bankruptcy court in the US has rejected a petition of the fugitive diamond merchant and two of his associates, seeking dismissal of fraud allegations against them by the trustee of three companies they previously owned indirectly.

Imran's party claims 4 workers killed in police firing

Imran's party claims 4 workers killed in police firing

Rediff.com10 May 2023

Khan will be presented before the accountability court on Wednesday, a NAB source was quoted as saying by the Dawn newspaper.

S M Krishna, Kumar Mangalam Birla among those given Padma awards

S M Krishna, Kumar Mangalam Birla among those given Padma awards

Rediff.com22 Mar 2023

Former Karnataka chief minister S M Krishna, noted industrialist Kumar Mangalam Birla and famous playback singer Suman Kalyanpur were given Padma awards by President Droupadi Murmu at a ceremony at the Rashtrapati Bhavan on Wednesday.

Read This Before Filing I-T Returns

Read This Before Filing I-T Returns

Rediff.com18 Jul 2023

Penalties for non-disclosure or inaccurate disclosure of these details can be severe.

Has Sanatana Dharma Met Its Electoral Match In Caste Census?

Has Sanatana Dharma Met Its Electoral Match In Caste Census?

Rediff.com5 Oct 2023

It is not much of an issue just now, but it could become one if the idea of caste census captures socio-political imagination, going beyond electoral tags and identities, says N Sathiya Moorthy.

Venkatarmanan quits, Noel, Jehangir inducted in Tata Trust

Venkatarmanan quits, Noel, Jehangir inducted in Tata Trust

Rediff.com14 Feb 2019

While the entry of 62-year-old Noel Tata, half brother of Ratan Tata, into Tata Trusts is being seen as a significant departure from the past within the salt-to-software conglomerate, Jehangir, a long-standing philanthropist is expected to add heft to Tata Trusts.

'As a voter my vote should have value'

'As a voter my vote should have value'

Rediff.com18 Sep 2023

'Switching loyalty from one party to another is completely unfair as it devalues my vote.'

Ajay Banga becomes first Indian-American to head World Bank

Ajay Banga becomes first Indian-American to head World Bank

Rediff.com3 May 2023

Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."

PM CARES Fund got Rs 3,076 crore in just 5 days: Account statement

PM CARES Fund got Rs 3,076 crore in just 5 days: Account statement

Rediff.com2 Sep 2020

The fund generated a lot of interest immediately after Prime Minister Narendra Modi announced its formation of the fund in the last week of March after the COVID-19 outbreak and appealed for donations, prompting several private firms, government bodies and individuals, including celebrities, to donate money.

Indian art boom inspires bigger canvas for galleries

Indian art boom inspires bigger canvas for galleries

Rediff.com26 Mar 2023

The recent India Art Fair in New Delhi generated greater interest than before in local contemporary artists among a growing cohort of Indian collectors, including millennials. But growth in Indian art is not restricted to that alone. This year saw 91 exhibitors, a much higher number than 63 in the previous edition - indicating a flourishing market. While live auction sales were largely suspended during Q2 of 2020 due to Covid-19 precautions, global fine art auctioneer Christie's says online-only sales were up 262 per cent in 2020 to $311 million), marking a record total for the channel.

Let's Hope India Gets Lucky With Growth

Let's Hope India Gets Lucky With Growth

Rediff.com2 Jun 2023

After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.

Abramovich to sell Chelsea FC, donate money to Ukraine war victims

Abramovich to sell Chelsea FC, donate money to Ukraine war victims

Rediff.com3 Mar 2022

Earlier on Wednesday, Reuters reported that Swiss business tycoon Hansjoerg Wyss is considering buying football club Chelsea from Abramovich, Wyss told Swiss newspaper Blick as British lawmakers continued to push for sanctions against the billionaire.

PM Cares not govt fund, 3rd party info can't be revealed, Centre tells HC

PM Cares not govt fund, 3rd party info can't be revealed, Centre tells HC

Rediff.com31 Jan 2023

The affidavit was filed in response to a petition seeking a direction to declare the PM CARES Fund a 'State' under the Constitution to ensure transparency in its functioning.

Biden nominates ex-Mastercard CEO Ajay Banga to head World Bank

Biden nominates ex-Mastercard CEO Ajay Banga to head World Bank

Rediff.com23 Feb 2023

At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.

K'taka seer facing sexual assault case gets HC nod to sign cheques from jail

K'taka seer facing sexual assault case gets HC nod to sign cheques from jail

Rediff.com30 Sep 2022

The seer has been in custody since September 1 in a Protection of Children from Sexual Offences case.

Modi to hoist flag atop Gujarat temple after dargah shifts amicably

Modi to hoist flag atop Gujarat temple after dargah shifts amicably

Rediff.com17 Jun 2022

Prime Minister Narendra Modi will on Saturday unfurl a traditional flag on the famous Mahakali temple in Gujarat's Panchmahal district, after a dargah which stood atop the temple was shifted with the consent of its caretakers.

Adani Stocks: What Price Rigging?

Adani Stocks: What Price Rigging?

Rediff.com29 May 2023

The Adani stock price saga will pass into public memory as one of those matters that simply escaped being nailed down, perhaps because too many vested interests were involved, notes Debashis Basu.

Bhupendra Patel had to take some tough decisions to get 2nd term

Bhupendra Patel had to take some tough decisions to get 2nd term

Rediff.com12 Dec 2022

Patel's elevation and his subsequent projection as chief ministerial face -- he is the first from the Kadva Patidar sub-group to be the chief minister -- is key to BJP's plans to woo the Kadva Patidar community, which some political observers feel, has drifted away from the party.

Taxing The Rich To Please The Poor

Taxing The Rich To Please The Poor

Rediff.com15 May 2023

Taxing the rich will fetch nothing; only votes, argues Debashis Basu.

Tight security in Maha as Raj Thackeray's 'deadline' ends

Tight security in Maha as Raj Thackeray's 'deadline' ends

Rediff.com4 May 2022

Raj has set May 4 as the deadline to remove loudspeakers from mosques.

What Vijay Mallya's bankruptcy means for fugitive businessman, lenders

What Vijay Mallya's bankruptcy means for fugitive businessman, lenders

Rediff.com29 Jul 2021

The Insolvencies and Companies Court of London high court on Monday declared fugitive business baron Vijay Mallya a bankrupt person as per UK laws. Legal experts explain what this means for 65-year old Mallya's personal liberties, his legal battle against extradition to India to face trial, and for the consortium of Indian lenders - at whose behest the bankruptcy proceedings were initiated in the UK courts.

Patidar leader Naresh Patel keeps everyone guessing about his political moves

Patidar leader Naresh Patel keeps everyone guessing about his political moves

Rediff.com27 Apr 2022

Influential Patidar leader Naresh Patel, who heads the Shree Khodaldham Temple Trust, on Wednesday claimed that though the older generation is against him joining politics, youth and women want him to take the route.

How To Make Banks Treat Customers Fairly

How To Make Banks Treat Customers Fairly

Rediff.com10 Apr 2023

Nobody is held accountable for lapses, no matter how badly it affects the person or business whose accounts are frozen. Nor is there compensation for losses. Most people get to know their accounts are blocked only when a cheque bounces, points out Debashis Basu.

Blow for promoter group in Birla Corp AGM as well

Blow for promoter group in Birla Corp AGM as well

Rediff.com2 Oct 2021

It was a replay of the annual general meetings of the cable companies of the M P Birla group last month even as the Birla side raised "illegalities" in the latest poll results.

Bhupendra Patel to be sworn-in for 2nd term as Gujarat CM on Dec 12

Bhupendra Patel to be sworn-in for 2nd term as Gujarat CM on Dec 12

Rediff.com8 Dec 2022

A dedicated party worker, who made his way up in the state politics from the municipality level, Patel was a surprise choice for the top post when the BJP decided to effect a regime change, replacing the entire ministry a year before the elections.

Govt gets cracking on setting up Ayodhya temple trust

Govt gets cracking on setting up Ayodhya temple trust

Rediff.com11 Nov 2019

With Parliament's winter session is to begin on November 18, the Union home and law ministries want to complete the process of formation of the board of trustees in time, reports R Rajagopalan.

'Mr Khan, is that you?'

'Mr Khan, is that you?'

Rediff.com24 Jun 2022

It's travel time for everyone, including Bollywood's celebrities.

Bill Gates lauds Digital India initiatives

Bill Gates lauds Digital India initiatives

Rediff.com1 Mar 2023

India's sprawling digital public infrastructure received a glowing endorsement from billionaire philanthropist Bill Gates on Wednesday as he praised the country's "great" digital network, reliable and low-cost connectivity, and said this will be the cheapest 5G market. Under the G20 presidency of India, a session on 'Building resilient and inclusive economies- the Promise of Digital Public Infrastructure' was held on Wednesday in New Delhi, where the Microsoft co-founder spoke of India's digital identity Aadhaar, its payment infrastructure, and rapid strides that the country has taken in bringing more people into formal banking system. "India in particular, by laying the groundwork for digital public infrastucture starting with identity system, allows people to build on top of that.

Imran May Be Jailed For A Long Time

Imran May Be Jailed For A Long Time

Rediff.com10 May 2023

His disqualification to participate in future elections may follow, notes Rana Banerji, who headed the Pakistan desk at RA&W, India's external intelligence agency.

'Childish jab': Solicitor general opposes Kejriwal's RTI plea on Modi's degree

'Childish jab': Solicitor general opposes Kejriwal's RTI plea on Modi's degree

Rediff.com9 Feb 2023

The Gujarat University on Thursday told the high court in Ahmedabad the Right to Information Act cannot be used for satisfying someone's "childish curiosity" as it defended its petition seeking quashing of an order under the transparency law to provide information on Prime Minister Narendra Modi's degree to Delhi CM Arvind Kejriwal.

Govt names members of Ram temple trust; deposits Re 1

Govt names members of Ram temple trust; deposits Re 1

Rediff.com6 Feb 2020

The members include senior lawyer K Parasaran, Jagatguru Shankracharya, Jyothishpeethadheeshwar Swami Vasudevanand Saraswati Ji Maharaj from Allahabad, Jagatguru Madhavacharya Swami Vishwa Prasannatheerth Ji Maharaj, Pejawar Math in Udupi, Yugpurush Paramanand Ji Maharaj from Haridwar, Swami Govinddev Giri Ji Maharaj from Pune and Vimlendra Mohan Pratap Mishra from Ayodhya.