The shift to a shorter T+3 settlement cycle for initial public offerings (IPOs) will be a big test of the domestic market structure, requiring players in the ecosystem to work harder to meet the squeezed timelines, according to industry insiders. The Securities and Exchange Board of India (Sebi), has announced that the transition to the T+3 cycle will be voluntary starting next month and mandatory from December 1. The new mechanism will necessitate quicker confirmations from banks and speedy verification of permanent account numbers (PANs) for all applicants.
This facility will be available to all those subscribers whose Universal Account Number (UAN) is activated and seeded with the KYC details like bank account and Aadhaar number.
In FY24, the net income generated from Waqf properties fell to about Rs 1.26 crore from Rs 150 crore in FY20.
The new form does not require attestation by employer and can be submitted directly to the concerned EPFO offices
A remarkable story which helped in transforming a bureaucratic organization, to a customer centric organization. This experience may inspire several government / private organizations to modify or adopt digitisation to transform their business, notes Professor N Ravichandran (retd).
'If people want to work 90 hours, we should let them work.' 'If people want to work 30 hours, you should let them work 30 hours.' 'But they should not expect the same level of success and attention.'
When asked about the Uniform Civil Code, Gandhi said he would comment on it only after he knows what is BJP's proposal.
For Indian parents, sending a child abroad for a three-year degree could deplete 48% of their retirement savings, while a four-year degree may consume up to 64%.
'With tuition fees for international students rising, education loans have become critical for bridging the gap between savings, scholarship, and full cost.'
Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.
'In the case of a road accident, prevention is the only answer.' 'There's no cure to death or disability when the accident happens, and when it's due to reckless or negligent driving, it's worse because it's avoidable.'
Karnataka has the highest number of medical seats in the country at 11,745, of which 3,750 seats were in government institutions and 7,995 seats were in private colleges.
The Bombay high court has passed an ex-parte interim order restraining several entities from operating websites etc claiming to provide PAN card services on behalf of the government-owned UTI Infrastructure Technology and Services Limited (UTIITSL) and noted such an act poses a "national level threat". A single bench of Justice Bharati Dangre, in its order of January 12, said the Union government has made it mandatory for PAN card holders to link the same to their Aadhar Card, which is an acceptable proof of identification. Therefore, any potential misuse of the licence/ authorization to issue PAN cards would be highly detrimental not only to the interest of the company but also to national interest, the HC said.
rediffGURU Patrick DSouza trains students for competitive management entrance exams such as the Common Admission Test, the Xavier Aptitude Test, Common Management Admission Test and the Common Entrance Test.
'The lack of opportunities here remains the biggest worry.' 'We have seen investment summits, but if you look around, much of it is only on paper and not on the ground.'
The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.
Infosys has shot off a missive to its employees, asserting that dual employment or 'moonlighting' is not permitted, and has warned that any violation of contract clauses will trigger disciplinary action "which could even lead to termination of employment". "No two timing - no moonlighting!" India's second largest IT services company said in a strong and firm message to employees on Monday. Put simply, moonlighting refers to employees taking up side gigs to work on more than one job at a time.
In a complaint to the Acting Assistant Secretary for Civil Rights Suzanne Goldberg and Deputy Assistant Secretary for Enforcement Randolph Wills, the Hindu American Foundation has asked the Office of Civil Rights to investigate and determine whether the University of Pennsylvania and its Department of South Asia Studies, South Asia Center created a hostile environment for students and faculty of Indian and Hindu descent, and whether the same entities and individuals misused any federal funds.
The NTA had treated the two options as correct answers to the Physics question and had granted four marks to those examinees who had marked these options.
EPFO had started allotting UAN numbers in July 2014.
Justice Sanjiv Khanna, who has been part of several landmark Supreme Court judgements such as scrapping the electoral bonds scheme and upholding abrogation of Article 370, will be sworn in as the 51st Chief Justice of India on Monday.
What are the reasons why a girl's education falls by the wayside? Why was Safeena a casualty too? Maybe because the education system doesn't give youngsters enough options? Or there are societal issues or pressures?
Rejecting the criticism of the CAA, Jaishankar said, "There are people who publicly said on record that because of CAA, a million Muslims will lose their citizenship in this country."
The share of candidates who were successful among the BJP was 56.5% in 2019. It was 5% for the Congress.
India Inc reported an uptick in revenue growth in the January-March quarter (Q4) of 2023-24 (FY24), but it came at the cost of a deceleration in earnings growth.
rediffGURU Nayagam PP counsels students and aspiring professionals on how to pick the right courses and scale up in your career.
There is nothing to be worried about as bilateral ties are robust with solid foundations. Both are on the same page on the economic and defence/security ties bilaterally and globally and that shall continue irrespective of change in political dispensation in either country, points out Dr Rajaram Panda.
Women account for 35 per cent of the 860,000 people employed in startups in 2022, compared to 19 per cent in the corporate sector.
rediffGURU Sushil Sukhwani underlines the factors you need to consider before you make the decision to study outside India.
As per the latest finance ministry data, the total balance in over 36.06 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts was at Rs 1,00,495.94 crore as on July 3.
India has managed to move a smaller share of its working-age population away from farm-related work than many of its neighbours. Bangladesh, Bhutan, Sri Lanka and Nepal managed to shift a bigger share of jobs to non-agricultural work than India, shows data from the year 2000 to 2023 the compiled from the World Bank's April South Asia Development Update report. Only Pakistan and the Maldives show a lower shift among South Asian peers.
While the tax treatment does legitimise past crypto transactions, there is a possibility that any, or all, private cryptocurrencies will be banned in future.
According to the officials, the three-storey coaching institute, surrounded by residential and commercial establishments, had permission to use the basement as a store room, but it was being used as library in violation of the rules.
Overseas education consultant NNS Chandra shares advice on how to pick the right international education.
The BJP had registered a one-sided victory on all the 17 SC-reserved seats in the 2014 Lok Sabha elections. But in 2019, out of these 17 seats, it lost Nagina and Lalganj seats to the Bahujan Samaj Party.
The number of contributors was 46.4 million in July and 44 million in September.
The credibility of the examination system has also come under question, they said.
'I do not think the scam is limited to 1,563 students. The number is too low to have caused such an inflation in the marks'
In the first phase of the Lok Sabha polls, there were 135 women candidates while in the second phase, there were 100 women candidates, bringing the combined total for the first two phases to 235 women candidates.
Despite accounting for the largest number of fatalities, the death rate, however, in the US is much lower than other countries.
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