News for 'Unit Trust of India'

What was in red bag on IC-814 flight? Ex-envoy reveals in new book

What was in red bag on IC-814 flight? Ex-envoy reveals in new book

Rediff.com14 Sep 2024

"The 'red bag' belonged to one of the hijackers, it contained explosives, and possibly, real passports, too.

'The Waqf Bill Is Very Dangerous'

'The Waqf Bill Is Very Dangerous'

Rediff.com9 Aug 2024

'Under this amendment, in any dispute over Waqf properties, the Waqf Board cannot approach the court.' 'This is very surprising because the government instead of protecting Waqf properties they are snatching it away and not allowing them to go to court.' 'The third biggest landowner in India is the Waqf Board after the Indian Army and Indian Railways.'

India's first public InvIT for road, highway projects in the works

India's first public InvIT for road, highway projects in the works

Rediff.com8 Aug 2023

After the success of the National Highways Authority of India's (NHAI's) first infrastructure investment trust (InvIT) with foreign institutional investors, the Centre is working on a proposal to launch a fresh InvIT for national highways, where domestic retail investors can hold units of the trust

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Rediff.com17 Jul 2024

Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent decrease from its last funding round valuation of around $5.5 billion, according to industry sources. The Bhavish Aggarwal-founded firm aims to file for the IPO by next month, according to people familiar with the matter. "The strategy is to price the IPO attractively for investors, fostering long-term growth and wealth creation," said a source.

India's ambitious chip dream all set to be real

India's ambitious chip dream all set to be real

Rediff.com18 Feb 2024

Two full-fledged semiconductor fabrication plants are going to come up in India very soon entailing multi-billion dollar investment besides several chip assembly and packaging units, Minister of Electronics and IT Rajeev Chandrasekhar said. In an interview with PTI, the minister confirmed that the two projects include a $8 billion proposal submitted by Israel-based Tower Semiconductors and the other from Tata Group. "I am happy to share this with you and you are probably the first one I'm sharing this with.

'You show them who you are': Kamala invokes mother as she accepts presidential nomination

'You show them who you are': Kamala invokes mother as she accepts presidential nomination

Rediff.com23 Aug 2024

Describing her Republican rival Donald Trump as an unserious man, Kamala Harris warned Americans of the consequences of re-electing him for the second term.

'Modi will win with largest majority ever recorded'

'Modi will win with largest majority ever recorded'

Rediff.com25 May 2024

Ron Somers, founder and CEO of India First Group and the former President of leading business advocacy group US-India Business Council said that when Lok Sabha election results are declared on June 4, "I believe that Narendra Modi will win Parliament by the largest majority ever recorded in the country's history.

Sebi puts NSDL's IPO in abeyance

Sebi puts NSDL's IPO in abeyance

Rediff.com3 Aug 2023

Capital markets regulator Sebi has kept in 'abeyance' the proposed initial share sale of securities depository NSDL. However, the Securities and Exchange Board of India (Sebi) did not clarify further. The National Securities Depository Ltd (NSDL) filed its preliminary papers with the capital markets regulator on July 7.

MPs spar over Maharashtra upheaval during no-trust motion

MPs spar over Maharashtra upheaval during no-trust motion

Rediff.com8 Aug 2023

Shinde, participating in a discussion on the no-confidence motion in the Lok Sabha, took a jibe at the opposition coalition Indian National Develomental Inclusive Alliance (INDIA) describing it as a 'destructive alliance' and said the next elections will be fought on the issue of scams of the United Progressive Alliance and schemes of the National Democratic Alliance.

Donkey agents misuse visa on arrival for trafficking, 11 held

Donkey agents misuse visa on arrival for trafficking, 11 held

Rediff.com11 Jul 2024

The countries offering visa-on-arrival service to Indian nationals have been exploited as 'Donkey Routes' by agents for people who endeavour to reach the United States and Canada.

Why dropping Shami could be risky for India

Why dropping Shami could be risky for India

Rediff.com14 Sep 2023

Decision to rest Mohammed Shami, a move Mhambrey acknowledges is not easy.

Extreme training: Horn's recipe for Indian hockey win

Extreme training: Horn's recipe for Indian hockey win

Rediff.com31 Jul 2024

As India prepare for their quarter-final match, it seems that Horn's boot-camp has had its desired effect.

Kharge set to be named INDIA chair, Nitish could be convener

Kharge set to be named INDIA chair, Nitish could be convener

Rediff.com13 Jan 2024

Consensus emerged on the appointment of Congress president Mallikarjun Kharge as the chairperson of the opposition Indian National Developmental Inclusive Alliance (INDIA), while Janata Dal-United chief Nitish Kumar's name was proposed for the convener's post, pending approval of parties absent at the alliance meeting on Saturday, according to sources.

Modi Knows How To Deal With Dissanayake

Modi Knows How To Deal With Dissanayake

Rediff.com23 Sep 2024

For India to view the new Sri Lankan leadership only through the prism of the past or through their narrow view on China, is fraught with possibilities that should be avoided, asserts N Sathiya Moorthy.

Tough Fight For Mumbai's 'Muslim Leader'

Tough Fight For Mumbai's 'Muslim Leader'

Rediff.com18 Nov 2024

'In this assembly election, Muslims here will vote for one who works, but also one who safeguards their identity.' 'Their existence is more important they feel, than a faulty light meter. So yes, a Muslim representative will make a difference.'

Nitish Kumar wins trust vote amid BJP walkout

Nitish Kumar wins trust vote amid BJP walkout

Rediff.com24 Aug 2022

Altogether 160 MLAs voted in favour of the confidence motion while no vote was cast against the same.

What Do These Pix Tell Us?

What Do These Pix Tell Us?

Rediff.com6 Jun 2024

President Droupadi Murmu hosted a dinner for the outgoing Union council of ministers at Rashtrapati Bhavan.

SEE: Tendulkar plays roadside cricket in Uri!

SEE: Tendulkar plays roadside cricket in Uri!

Rediff.com22 Feb 2024

Cricketing great Sachin Tendulkar on Wednesday visited the Aman Setu bridge -- the last point on the Line of Control in Uri sector of Jammu and Kashmir.

Telangana bureaucrat's disability quota post triggers row

Telangana bureaucrat's disability quota post triggers row

Rediff.com22 Jul 2024

Senior bureaucrat Smita Sabharwal courted controversy by questioning the need for reservation for the differently-abled people in the All India Services (AIS).

G20: India-Middle East-Europe connectivity corridor announced

G20: India-Middle East-Europe connectivity corridor announced

Rediff.com9 Sep 2023

Modi said today "we all have reached an important and historic partnership".

2nd T20: How India's bowlers tackled dew to outclass Australia

2nd T20: How India's bowlers tackled dew to outclass Australia

Rediff.com27 Nov 2023

'We were prepared, we knew that dew was going to play a huge role.'

Nitish to face trust vote, BJP Speaker refuses to quit

Nitish to face trust vote, BJP Speaker refuses to quit

Rediff.com24 Aug 2022

The special session is set to commence on a stormy note on account of Speaker Vijay Kumar Sinha's stout refusal to resign despite the new ruling dispensation's motion of no-confidence against him.

Jharkhand's Champai Soren to face floor test today

Jharkhand's Champai Soren to face floor test today

Rediff.com5 Feb 2024

The MLAs of the ruling JMM-led alliance exuded confidence of winning the floor test, while the opposition BJP asserted that the coalition would be defeated.

Quality Lapses Shut Down Drug Makers

Quality Lapses Shut Down Drug Makers

Rediff.com28 Jun 2024

Most of the pharma units are failing in documentation, and validation processes, and many don't have full-fledged quality control laboratories.

Indira Gandhi And The Nagarwala Scam

Indira Gandhi And The Nagarwala Scam

Rediff.com20 Jul 2024

A host of conspiracy theories followed, involving Indira Gandhi, her younger son Sanjay, his favourite small car project, secret funding of the Bangladesh Mukti Bahini and even the Central Intelligence Agency of the United States.

'My Manager Asked Me To Resign Without Notice'

'My Manager Asked Me To Resign Without Notice'

Rediff.com21 Aug 2024

You can ask for written communication from your HR manager seeking an explanation about your resignation. Please mark the copies to your senior authorities as well as top executives especially if you feel you are being harassed, suggests rediffGURU Pradeep Pramanik.

Irony that Kejriwal who was part of anti-graft movement...: Hazare

Irony that Kejriwal who was part of anti-graft movement...: Hazare

Rediff.com23 Mar 2024

Hazare in a statement accused Kejriwal of betraying the trust of crores of countrymen and rued that political ambitions destroyed the 2011 anti-corruption movement.

NC promises Article 370, autonomy, statehood resolution

NC promises Article 370, autonomy, statehood resolution

Rediff.com19 Aug 2024

Restoration of Article 370 and Jammu and Kashmir's statehood as well as implementation of the autonomy resolution passed by the erstwhile assembly in 2000 are among the National Conference's 12 guarantees announced in its manifesto for the upcoming polls.

In FY25, NHAI to monetise 2,741 km roads

In FY25, NHAI to monetise 2,741 km roads

Rediff.com18 Apr 2024

The National Highways Authority of India (NHAI) is looking to monetise 33 stretches of national highways during the current financial year (FY25) through its toll operate transfer (TOT) and infrastructure investment trust (Invit). These stretches include Lucknow-Aligarh, Kanpur-Ayodhya-Gorakhpur, and Bareilly-Sitapur in Uttar Pradesh, Gurugram-Kotputli-Jaipur bypass and Jaipur-Kishangarh in Rajasthan, Panikoili-Rimuli in Odisha, Chennai Bypass in Tamil Nadu, and Muzaffarpur-Darbhanga-Purnia highway in Bihar. Cumulatively, the 33 stretches, spanning 2,741 kilometres (km) earned approximately Rs 5,000 crore revenue in FY24.

'Death Was Flying Around Us'

'Death Was Flying Around Us'

Rediff.com26 Aug 2024

'The odds were stacked against us.' 'Through it all, we were determined to overcome and prevail we did!' Wing Commander Shailesh Singh on the high-risk flying mission for which he was awarded the Shaurya Chakra.

Where did we lose? NDA was there yesterday, is there today: Modi

Where did we lose? NDA was there yesterday, is there today: Modi

Rediff.com7 Jun 2024

"If you see in the context of alliances and statistics, then this is the strongest alliance government," Modi said while addressing newly-elected MPs and leaders of the NDA from across the country following his election as leader of the ruling bloc ahead of his government's swearing-in on Sunday.

JNUSU gets first Dalit president after 30 yrs as Left sweeps polls

JNUSU gets first Dalit president after 30 yrs as Left sweeps polls

Rediff.com25 Mar 2024

The Jawaharlal Nehru University Students Union (JNUSU) on Sunday elected its first Dalit president from the Left-backed groups after nearly three decades.

US chipmaker AMD to invest $400 mn in India

US chipmaker AMD to invest $400 mn in India

Rediff.com28 Jul 2023

US chipmaker Advanced Micro Devices (AM) on Friday announced a $400 million investment in India over the next five years and said it will build its largest design centre in Bengaluru. AMD chief technology officer Mark Papermaster made the announcement at the annual semiconductor conference in the presence of Prime Minister Narendra Modi. Undeterred by Taiwan's Foxconn pulling out of his group's $20 billion semiconductor-making venture, mining baron Anil Agarwal said the first phase of Vedanta's chip-making project will be ready in two-and-a-half years.

Kirsten, Gillespie take charge of Pakistan cricket

Kirsten, Gillespie take charge of Pakistan cricket

Rediff.com28 Apr 2024

Pakistan have appointed former South Africa batsman Gary Kirsten as head coach of their men's white-ball teams

People in democracies need a sense of uncertainty

People in democracies need a sense of uncertainty

Rediff.com20 Mar 2024

For trust in democracy to be retained, elections need to be not just free of intervention -- ruling out Pakistan and Russia -- but also demonstrate the capability to both deliver ruling mandates and hold the potential for large swings in favour of the opposition, points out Mihir S Sharma.And, after an election is done, they need to see a mandate in order to go back to their lives and let their representatives get on with the business of government, points out Mihir S Sharma.

'We're Not Anti-Nationals'

'We're Not Anti-Nationals'

Rediff.com3 Sep 2024

'We are not secessionists, we want to coexist with our countrymen but not on the terms that will strip us off our dignity and a right to peaceful existence.'

Got Excess Funds in Bank Accounts?

Got Excess Funds in Bank Accounts?

Rediff.com10 Jul 2024

Keeping surplus money in a bank account has become perilous, alerts Harsh Roongta.

Happy Congress took note of my issues, will fight polls unitedly, says Pilot

Happy Congress took note of my issues, will fight polls unitedly, says Pilot

Rediff.com6 Jul 2023

Congress leader Sachin Pilot on Thursday expressed happiness that the Congress party has taken cognisance of the issues raised by him about welfare of youth and corruption under the previous Vasundhara Raje government in Rajasthan, and asserted the party will contest the assembly polls unitedly to secure a massive victory.

Huge win for India as G20 adopts New Delhi declaration

Huge win for India as G20 adopts New Delhi declaration

Rediff.com9 Sep 2023

"Have just got the good news that due to the hard work of our teams and your cooperation, a consensus has been reached on New Delhi G20 Leaders Summit Declaration," Modi said while addressing the second session of the Summit at the Bharat Mandapam in New Delhi.

Ayodhya And India's New Tryst With Destiny

Ayodhya And India's New Tryst With Destiny

Rediff.com12 Jan 2024

If Saudi Arabia, with just two Muslim holy sites of Mecca and Medina, can create a huge tourism-based ecosystem beyond oil, Ayodhya is sure to become the world's hottest religious tourism site in less than a decade, predicts R Jagannathan.