The finance ministry is considering amending the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, which governs public-sector banks (PSBs), to make suitable provisions for allowing PSBs to transfer shares to the Investor Education and Protection Fund (IEPF) when dividends of such shares remain unclaimed by the investors for seven consecutive years. "While Section 10B of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, allows the transfer of unclaimed dividends to the IEPF, it, however, does not mention a provision for transferring unclaimed shares and may now be amended by the next government to allow such transfers to happen," said a person familiar with the matter.
An erratic Sunrisers Hyderabad would look to fix their chasing troubles and get their campaign back on track when they host the high-flying Rajasthan Royals in the Indian Premier League in Hyderabad on Thursday.
On the holy and auspicious occassion of Ganesh Chathurthi several sports stars took to social media to wish their fans and followers.
Heinrich Klaasen's entertaining half-century went in vain as Andre Russell's all-round effort steered Kolkata Knight Riders to a thrilling four-run victory against Sunrisers Hyderabad.
From steel tycoon Lakshmi Mittal to billionaire Sunil Bharti Mittal's Airtel, Anil Agarwal's Vedanta, ITC, Mahindra and Mahindra, and a lesser-known Future Gaming and Hotel Services were among the prominent buyers of the now-scrapped electoral bonds for making political donations.
PM Modi interacts with top Indian gamers; tries his hands on few games
A total of 149 kgs of mephedrone or 'meow meow' drug (both in powder and liquid form), 50 kg ephedrine, and 200 litres of acetone was recovered from the three labs located in Bhinmal of Jalore district and Osian in Jodhpur district of Rajasthan and Gandhinagar in Gujarat, the officer said.
Inconsistent SRH take on LSG in push for play-offs spot
Pat Cummins-led side will also want to challenge for the top two spots, which is a possibility considering they have one more game after this match and a healthy net run rate of +0.406.
Anil Agarwal-owned Vedanta Resources (VRL), which has hired Standard Chartered Bank to raise funds for its Konkola copper mine assets, says it is engaging with several potential partners for both short-term funds and long-term equity financing for the Zambian project. A Vedanta official said its commitment to optimising capital allocation and driving expansion is a key cornerstone of its strategy for the mines. It will enhance value creation and operationalise the Konkola Copper Mines (KCM).
The attached properties include 14 assets of Tuteja worth Rs 15.82 crore, 115 properties of Anwar Dhebar, the elder brother of Raipur Mayor and Congress leader Aijaz Dhebar, worth Rs 116.16 crore, properties of Vikash Agarwal alias Subbu worth Rs 1.54 crore and 33 properties of Arvind Singh worth Rs 12.99 crore, it said in a statement.
The company no longer sees the London listing as necessary to access capital and the deal will simplify Vedanta's corporate structure.
The Delhi high court will pronounce its verdict on Friday on whether to admit the Central Bureau of Investigation's (CBI) appeal challenging the acquittal of former telecom minister A Raja, firms and others in the 2G spectrum allocation 'scam' case.
Shikhar Dhawan has revealed that Rishabh Pant was not even able to perform basic chores like going to washroom all by himself following a horrific car crash.
Mumbai were ahead by 257 runs in the first innings after Musheer Khan struck an unbeaten 203, with Baroda reaching 127/2 in reply by the close of play on day two
AAP Rajya Sabha MP Sanjay Singh said that the decision that Kejriwal should continue to be the chief minister even after being jailed was that of the people of Delhi.
The Allahabad high court on Wednesday adjourned to February 12 the hearing on a plea challenging the Varanasi district court order allowing Hindu prayers in a cellar of the Gyanvapi mosque in Varanasi.
Agarwal, thrusted into the squad following failure of KL Rahul and Murali Vijay, responded with a 76-run knock off balls, sorting out India's opening woes to some extent.
High-flying Kolkata Knight Riders and an unpredictable Sunrisers Hyderabad, teams that have built their IPL 2024 campaign on power-hitting, will look to outmuscle each other in Qualifier 1 in Ahmedabad on Tuesday.
Tactician par excellence Gautam Gambhir couldn't have envisaged a battle of brains with a more different kind of adversary than the smiling yet ruthless Pat Cummins as Kolkata Knight Riders face a spirited Sunrisers Hyderabad in a mega IPL final in Chennai on Sunday.
Help Captain Kohli and Head Coach Shastri pick India's XI for the Rajkot Test.
In a jolt to the Aam Aadmi Party, educationist and child rights lawyer Ashok Agarwal on Tuesday quit the party, saying it has become "directionless" and functions like a private limited company.
Sunrisers Hyderabad will look to unleash their brute batting power on struggling Royal Challengers Bengaluru when the two teams face off in their return-leg fixture of the IPL in Hyderabad on Thursday.
rediffGURU Aruna Agarwal, a qualified child psychologist and behaviour therapist with over 20 years of experience, offers parenting advice.
The Supreme Court on Friday asked the Madhya Pradesh high court to decide within three weeks whether it can reconsider its decision to terminate the services of six women judicial officers for their unsatisfactory performance.
Shikhar Dhawan failed to recover from his knee injury. The team management is keen on Mayank translating his stupendous Test performance into the ODI arena
The sexy Maxim girl spoke about men, gambling and how she loves them both!
Direct tax collection, net of refunds, moderately exceeded the revised estimates (RE) for the financial year 2023-24 (FY24) on the back of personal income tax revenues, but corporation tax receipts fell short of the RE. Net direct tax collection stood at Rs 19.58 trillion in FY24, surpassing the RE of Rs 19.45 trillion by Rs 13,000 crore, or 0.7 per cent. The government had revised up FY24 projections for personal income tax by 13.5 per cent over the Budget estimates (BE) of Rs 9 trillion, at Rs 10.22 trillion.
Nisha Agarwal is making her acting debut with the Telugu film Emaindi ee Vela.
The Pat Cummins-led side is in the midst of an intense battle between multiple teams who are bidding for spots in the final four, with Rajasthan Royals (16 points), Kolkata Knight Riders (14 points) and Lucknow Super Giants (12 points) placed above SRH.
He walked on crutches in one of his first public appearances at Feroz Shah Kotla last year, but when an emotional Rishabh Pant walks out as captain of Delhi Capitals, he will need to put on his 'out of box' thinking cap to stop a marauding Sunrisers Hyderabad in an IPL match in New Delhi on Saturday.
Smarting from back-to-back defeats, defending champions Chennai Super Kings will be desperate to return to winning ways when they face a formidable but bruised Sunrisers Hyderabad in the IPL match in Chennai on Sunday.
BJP-led NDA gave five seats to the Chirag Paswan-led LJP (Ram Vilas).
While the Aam Aadmi Party is contesting on four seats, the Congress has fielded candidates for the remaining three seats.
Investments worth more than Rs 80 trillion are expected in roads, railways and urban infrastructure between now and FY30 and the supply chains helping to build this core infrastructure are also readying to cash in on the growth. In the first half of the current financial year, orders worth more than Rs 2.6 trillion were tendered in the roads and railways segment alone, according to data sourced from ICRA Ratings and Research. "India's transportation infrastructure sector is in high gear, and we enjoy a sizable share of it," said S V Desai, whole time director and senior executive vice president (Civil Infrastructure) for Larsen & Toubro.
Reader V Arun Kumar has sent us a photograph.
Besides the national capital, polling will be held Saturday in 14 seats in Uttar Pradesh, all 10 seats of Haryana, eight seats each in Bihar and West Bengal, six seats in Odisha, four seats in Jharkhand and one seat in Jammu and Kashmir. Simultaneously, polling will be held for 42 assembly constituencies in Odisha.
Vedanta Resources (VRL), the diversified mining company headquartered in London, is giving final touches to a plan to raise up to $2.5 billion (about Rs 20,800 crore) as debt repayment deadlines near. The company owned by billionaire Anil Agarwal plans to do this by a combination of instruments, including issuing preference shares in the holding company to a slew of offshore investors from West Asia, and taking on another loan to refinance older debt at a higher interest rate. VRL, which is the group's holding company, is also looking to sell part of its 63.71 per cent stake in the Indian listed subsidiary Vedanta Ltd to meet funding requirements, said a banker close to the development.
The court said the Delhi government was "interested in appropriation of power".
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