News for 'Year India Pvt Ltd'

Right to silence is virtue in present noisy times: Facebook VP tells SC

Right to silence is virtue in present noisy times: Facebook VP tells SC

Rediff.com24 Feb 2021

A bench of justices S K Kaul, Dinesh Maheshwari and Hrishikesh Roy reserved its verdict after lawyers representing Facebook official, Delhi assembly and the Centre wrapped up submissions on the plea of Mohan challenging summons issued by the Peace and Harmony committee for failing to appear before it as witness in connection with the north-east Delhi riots matter.

Specialty teas become popular with Assam's growers

Specialty teas become popular with Assam's growers

Rediff.com8 Sep 2018

Sale of India's specialty tea varieties from exclusive estates in Assam and Arunachal Pradesh are on the rise in the domestic market, and sought after in overseas markets too.

Now, Rotomac Pens owner goes missing after taking loans of Rs 800 crore

Now, Rotomac Pens owner goes missing after taking loans of Rs 800 crore

Rediff.com18 Feb 2018

Vikram Kothari took a loan of Rs 485 crore from Mumbai-based Union Bank of India and a loan of Rs 352 crore from Kolkata-based Allahabad Bank. A year later, Kothari has reportedly not paid back either the interest or the loan.

'Indian or a foreigner, appoint the best as Team India coach'

'Indian or a foreigner, appoint the best as Team India coach'

Rediff.com14 May 2015

Indian batting legend Rahul Dravid said he has not been approached for the coach's job of Team India, and added that the new coach must be selected irrespective of nationality.

E-rickshaws legal but aren't regulated

E-rickshaws legal but aren't regulated

Rediff.com2 Jul 2014

Transport Minister Nitin Gadkari puts them out of the ambit of Motor Vehicles Act; experts say some regulation, licensing and driver training will be necessary

Future Retail moves SC to avert defaulter tag

Future Retail moves SC to avert defaulter tag

Rediff.com25 Jan 2022

Embattled retailer Future Retail Ltd (FRL) on Tuesday moved the Supreme Court to avert insolvency proceedings over missing a loan repayment deadline, even as its independent directors rejected an Amazon-supported offer to sell the company businesses at less than a third of what Mukesh Ambani's Reliance is offering. India's second-largest retailer, which operates multi-brand retail chains such as Big Bazaar, Easyday and Heritage, failed to pay Rs 3,494.56 crore to lenders by the due date of December-end and sought a 30-day grace period to resolve the situation. Unable to find money, it moved the apex court seeking to restrain its lenders from declaring the company a defaulter, which can invite initiation of insolvency proceedings.

Robots now rule Indian car manufacture

Robots now rule Indian car manufacture

Rediff.com30 May 2018

Indian automobile units are employing more and more robots to improve your car's efficiency. India is catching up well as world over, the latest technologies is redefining outdated manufacturing processes.

Mallya faces bankruptcy proceedings in UK high court

Mallya faces bankruptcy proceedings in UK high court

Rediff.com18 Dec 2018

In a ruling in May, a UK high court judge had refused to overturn a worldwide order freezing Mallya's assets and upheld an Indian court's ruling that the consortium of 13 Indian banks were entitled to recover funds amounting to nearly 1.145 billion pounds.

Mallya loses $1.55 billion assets case in UK court

Mallya loses $1.55 billion assets case in UK court

Rediff.com8 May 2018

Judge Andrew Henshaw refused to overturn a worldwide order freezing Mallya's assets and upheld an Indian court's ruling that a consortium of 13 Indian banks were entitled to recover funds amounting to nearly $1.55 billion.

Meet India's chief human resources officer

Meet India's chief human resources officer

Rediff.com11 Jun 2015

Four recent instances help us understand why Prime Minister Narendra Modi could truly be called the chief human resources officer (CHRO) of the country.

When Javed Akhtar and Lata Mangeshkar got together

When Javed Akhtar and Lata Mangeshkar got together

Rediff.com27 Oct 2017

Yet another honour for Javed Akhtar.

Football Focus: United's Young to join Inter Milan?

Football Focus: United's Young to join Inter Milan?

Rediff.com17 Jan 2020

News of all that transpired on and off the football field.

#MeToo: No guerilla warfare through anonymity, says HC

#MeToo: No guerilla warfare through anonymity, says HC

Rediff.com21 Nov 2019

Justice Rajiv Sahai Endlaw made these observations while hearing submissions on behalf of Instagram handle Herdsceneand - which sought to maintain anonymity in a suit filed against it by artist Subodh Gupta seeking removal of the allegedly defamatory content made against him on social media.

Bhubaneswar in running to host FIFA U-17 Women's World Cup

Bhubaneswar in running to host FIFA U-17 Women's World Cup

Rediff.com27 Aug 2019

The final inspection will take place later this year following which the venue of the FIFA U-17 Women's World Cup India 2020 will be named.

PNB fraud is now pegged at Rs 12,717 crore

PNB fraud is now pegged at Rs 12,717 crore

Rediff.com27 Feb 2018

The jewellers and companies linked to Nirav Modi and Mehul Choksi had allegedly colluded with PNB officers to obtain fake bank guarantees to get loan from overseas branches of Indian banks including Allahabad Bank, Axis Bank and UCO Bank.

Music lovers are falling in love with vinyl records, once again!

Music lovers are falling in love with vinyl records, once again!

Rediff.com29 Jan 2020

The market for vinyl collapsed with the advent of CDs in 1982. But LPs, as they were fondly called, have made a comeback in the past ten years, with certain editions costing quite a packet

Vijay Mallya declared bankrupt by UK court

Vijay Mallya declared bankrupt by UK court

Rediff.com26 Jul 2021

A British court on Monday granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the State Bank of India (SBI) to pursue a worldwide freezing order to seek repayment of debt owed by the now-defunct Kingfisher Airlines. "As at 15.42 [UK time], I shall adjudicate Dr Mallya bankrupt," Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs said in his ruling during a virtual hearing of the Chancery Division of the high court. "I have to decide if there is a real prospect of payment of petition debt in full within a reasonable period of time... there is insufficient evidence that [Mallya's asset realisations in India] will pay the debt in full within a reasonable period of time," Judge Briggs noted, in reference to defence arguments pointing to a restoration process in India following a Prevention of Money Laundering Act (PMLA) court order for the attachment of Mallya's assets.

Paytm is the new Indian unicorn on the block

Paytm is the new Indian unicorn on the block

Rediff.com3 Mar 2017

Paytm e-commerce plans to add close to a billion products from across the globe to its platform before the festive season this year.

Herald case: Court seeks Congress' balance sheet

Herald case: Court seeks Congress' balance sheet

Rediff.com21 Mar 2016

The court's direction came after the counsel appearing for the Indian National Congress informed it that the party needed time to follow the March 11 order by which the documents were sought.

I-T dept to slap fresh demand notices on Nokia

I-T dept to slap fresh demand notices on Nokia

Rediff.com4 Oct 2013

In more trouble for Finnish mobile firm Nokia, whose immovable assets were attached in an alleged tax evasion case recently, the Income Tax department is set to issue fresh demand notices for payment of taxes to the tune of Rs 1,000 crore (Rs 10 billion).

BSE, S&P Dow Jones Indices form JV firm Asia Index

BSE, S&P Dow Jones Indices form JV firm Asia Index

Rediff.com16 Sep 2013

The 50-50 partnership would bring together BSE's closely watched India index suite, which includes the Sensex, with S&P Dow Jones Indices' 115 years of experience in publishing transparent and independent global benchmarks.

SBI, top pvt banks come together to rescue Yes Bank

SBI, top pvt banks come together to rescue Yes Bank

Rediff.com13 Mar 2020

The central bank is engaged with other financial institutions for investment as part of the scheme to resurrect Yes Bank under RBI imposed moratorium since March 5.

Dabhol revival hinges on new govt at Centre

Dabhol revival hinges on new govt at Centre

Rediff.com21 Feb 2014

Ratnagiri Gas & Power Pvt Ltd, in charge of Dabhol assets since 2005, has admitted it is passing through a difficult phase in the absence of gas allocation and low recovery of dues from the Maharashtra State Electricity Distribution Company.

'Power of truth being replaced by truth of power'

'Power of truth being replaced by truth of power'

Rediff.com12 Jun 2017

Congress vice president Rahul Gandhi attacked the Modi government of forcing everyone into silence at a function to re-launch the National Herald newspaper.

SoftBank buys $627 million stake in Snapdeal

SoftBank buys $627 million stake in Snapdeal

Rediff.com28 Oct 2014

The cash-rich Japanese company made waves with its plans to grow outside its home base last year when it bought No. 3 US mobile carrier Sprint Corp for $21.6 billion.

Black money: ED summons bullion trader Pankaj Lodhiya

Black money: ED summons bullion trader Pankaj Lodhiya

Rediff.com14 Nov 2014

The Enforcement Directorate (ED) has summoned Rajkot-based bullion trader Pankaj Lodhiya, whose name figured in the list of black money holders submitted by the government to the Supreme Court, to probe if he was involved in hawala trade.

Future-RIL deal: HC junks FRL plea, seeks Amazon's response

Future-RIL deal: HC junks FRL plea, seeks Amazon's response

Rediff.com29 Oct 2021

The Delhi high court on Friday declined Future Group's plea for stay on an arbitration tribunal order refusing to interfere with the Emergency Award (EA) which restrained it from going ahead with the Rs 24,731 crore merger deal with Reliance Retail. Justice Suresh Kumar Kait sought response from US-based e-commerce giant Amazon which had challenged the merger before the Singapore arbitration tribunal under SIAC, and listed the appeals by Future Coupons Pvt Ltd (FCPL) and Future Retail Ltd (FRL) for further hearing on January 4. Senior counsel Harish Salve, appearing for FRL, urged the court to pass an interim order clarifying that an earlier order passed by the Supreme Court - which stayed all proceedings in relation to the enforcement of the EA - would remain in force despite the subsequent order passed by the duly constituted arbitration tribunal.

Rediff Q: Will this Budget be a gamechanger?

Rediff Q: Will this Budget be a gamechanger?

Rediff.com1 Feb 2017

Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.

Why 'Make in India' is not viable for Microsoft Mobile

Why 'Make in India' is not viable for Microsoft Mobile

Rediff.com27 Nov 2014

All future smartphones from Microsoft will be under the Microsoft brand, which means Nokia brand will now be phased out.

Future plans value adjustments, reversal of takeover of stores by RIL

Future plans value adjustments, reversal of takeover of stores by RIL

Rediff.com16 Mar 2022

Future Retail Ltd (FRL) on Wednesday said it is "committed" to reversal of takeover of its stores by Reliance Retail and will take all such action as may be necessary to seek value adjustments. The Kishore Biyani-led firm also said the action of the Reliance Group has come as a "surprise" to it. Moreover, the action of taking possession of its stores has "complicated" the positive scenario which had started building up after a CCI order in December 2021, FRL said in a regulatory filing.

Hacking: All it takes is good coding skills and greed

Hacking: All it takes is good coding skills and greed

Rediff.com23 Mar 2017

After a group of young hackers beat companies that claim to spend a bomb on cyber security, Karan Choudhury reports on just how easy it is to exploit digital wallets.

India's top 10 realty hotspots

India's top 10 realty hotspots

Rediff.com11 May 2015

Bengaluru tops in 4 parameters.

'Indians 3rd biggest investors in US realty market'

'Indians 3rd biggest investors in US realty market'

Rediff.com28 Jan 2016

Around 25 per cent of the international real estate market in London also belongs to Indians with investments around 1 billion pounds.

Devas-Antrix Deal: International Tribunal asks India to pay damages

Devas-Antrix Deal: International Tribunal asks India to pay damages

Rediff.com28 Jul 2016

An international tribunal has ruled that the Indian government had acted "unfairly" and "inequitably" in annulling a contract between Devas and ISRO's commercial arm Antrix.

How were thousands of fake Covid certificates issued during Kumbh Mela?

How were thousands of fake Covid certificates issued during Kumbh Mela?

Rediff.com28 Jun 2021

The sordid details of the FIR filed against these companies for issuing fake certificates only reconfirm why the second Covid-19 wave in India came like a storm in the midst of the Kumbh Mela.

Tracing the chequered life of V G Siddhartha

Tracing the chequered life of V G Siddhartha

Rediff.com31 Jul 2019

Coming from a family that has a 140-year history of growing coffee, Siddhartha, 59, initially dabbled in stock trading and wanted to work as an investment banker in Mumbai after completing his Master's in Economics from Mangalore University.

Mumbai set for more seaplane services

Mumbai set for more seaplane services

Rediff.com22 Oct 2014

Once the services are launched, the travel time between the two destinations will be reduced to less than 10 minutes from 30 minutes now.

Kin of stranded Indian engineer in Iran writes to Modi for safe return

Kin of stranded Indian engineer in Iran writes to Modi for safe return

Rediff.com23 Jun 2014

Sanket Pandya, one of the two engineers left stranded in Iran since December 2013, has urged the Indian government to facilitate their early and safe return after the duo were illegally 'confined' following the seizure of their passports when their Goa-based employer got embroiled in a dispute with a company there.

Will gold loans lose sheen?

Will gold loans lose sheen?

Rediff.com5 Apr 2021

While taking gold out of the closet to borrow money is no longer taboo in Indian households, the sharp drop in gold prices is hitting the newest loan product on the banking turf hard, explains Tamal Bandyopadhyay.

5 CRITICAL skills for IT professionals

5 CRITICAL skills for IT professionals

Rediff.com12 Apr 2021

A candidate with good communication skills, critical thinking and problem solving abilities will have a higher chance of being hired.