News for 'apex bank'

No stay on metro shed construction in Aarey: SC

No stay on metro shed construction in Aarey: SC

Rediff.com22 Oct 2019

A bench of justices Arun Mishra and Deepak Gupta sought a status report with pictures on plantation, transplantation and felling of trees in Aarey colony area of Brihanmumbai Municipal Corporation.

Aadhaar neither creates surveillance state nor violates privacy: UIDAI

Aadhaar neither creates surveillance state nor violates privacy: UIDAI

Rediff.com26 Sep 2018

"Aadhaar Act has withstood the judicial scrutiny and the purpose of the Act is legitimate," it said.

SC orders Aadhar-type regime to secure NRC data

SC orders Aadhar-type regime to secure NRC data

Rediff.com13 Aug 2019

A bench directed that only hard copies of supplementary list of inclusions would be published at the NRC seva centers, circle offices and offices of the district magistrates of the state.

Ceasefire violations, child abuse cases... What Parliament discussed on Friday

Ceasefire violations, child abuse cases... What Parliament discussed on Friday

Rediff.com18 Nov 2016

Before Lok Sabha and Rajya Sabha was proceedings were disrupted by a relentless Opposition over the demonetisation issue, other topics such as compensation for military personnel, counterfeit notes were spoken of. Here's what happened in Parliament.

Neglect of 1992 scam led to Mallya, Modi frauds

Neglect of 1992 scam led to Mallya, Modi frauds

Rediff.com7 Mar 2018

'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.

PE major Advent snaps up Eureka Forbes for Rs 4,400 cr

PE major Advent snaps up Eureka Forbes for Rs 4,400 cr

Rediff.com20 Sep 2021

After a long wait, the Shapoorji Pallonji Group has closed the sale process of its consumer durables business under the Eureka Forbes label by picking the American private equity fund Advent International's Rs 4,400-crore offer for a 72 per cent stake. The sale process, which began in November 2019, will help the over 156-year-old SP Group pair the debt pile and sharpen the focus on the flagship construction and engineering business under Afcons. The valuation of Rs 4,400 crore for a 72.56 per cent stake is is at an enterprise level and subject to closing adjustments and also includes an open offer for the remaining stake after the demerger and listing of Eureka Forbes, the SP group said in a statement on Sunday.

India's jewellery business has lost its lustre

India's jewellery business has lost its lustre

Rediff.com14 Nov 2018

There was a massive 24% decline in India's gems and jewelry exports to $2,321 million for September 2018 as against $3,053.38 million in the same period last year.

CJI faces sexual abuse charges, says work of a 'bigger force'

CJI faces sexual abuse charges, says work of a 'bigger force'

Rediff.com20 Apr 2019

During the hearing in CJI's court No 1, an unfazed Justice Gogoi said the allegations are unbelievable.

SC refuses interim order against Centre's Aadhaar notification

SC refuses interim order against Centre's Aadhaar notification

Rediff.com27 Jun 2017

The bench referred to the June 9 judgement passed by the apex court in which it had upheld the validity of an Income Tax Act provision making Aadhaar mandatory for allotment of PAN cards

Centre, EC take contrary stands in SC on electoral bonds

Centre, EC take contrary stands in SC on electoral bonds

Rediff.com10 Apr 2019

'Secrecy allowed in the electoral bonds scheme legalises anonymity'

'High-risk remittance' data under Income Tax lens

'High-risk remittance' data under Income Tax lens

Rediff.com8 Jul 2019

The Income Tax Act empowers the CBDT to capture information in respect of payments to non-residents, whether taxable or not

BJP teaches Cong the alphabet: A for Adarsh, B for Bofors...

BJP teaches Cong the alphabet: A for Adarsh, B for Bofors...

Rediff.com25 Oct 2013

Major rival parties in poll-bound Madhya Pradesh are literally waging a 'war of words' by coining meanings to alphabets to highlight issues of corruption allegedly linked to each other.

Units without effluent treatment plants won't be allowed: SC

Units without effluent treatment plants won't be allowed: SC

Rediff.com22 Feb 2017

If industrial units do not have functional PETPs, then they will not be allowed to function any more, the court said.

Sahara to move SC before submitting fresh title deeds

Sahara to move SC before submitting fresh title deeds

Rediff.com29 Nov 2013

Sahara India was required to submit the title deeds of Rs 20,000 crore (Rs 200 billion) to the marker regulator as per direction of the Supreme Court.

Sahara to move SC before submitting fresh title deeds

Sahara to move SC before submitting fresh title deeds

Rediff.com29 Nov 2013

Sahara India was required to submit the title deeds of Rs 20,000 crore (Rs 200 billion) to the marker regulator as per direction of the Supreme Court.

SC says Aadhaar can't be made compulsory for welfare schemes

SC says Aadhaar can't be made compulsory for welfare schemes

Rediff.com5 Apr 2018

The bench also said that a seven-judge bench needed to be constituted for authoritatively deciding a batch of petitions challenging the Aadhaar scheme on grounds including that it infringes on the Right to Privacy of citizens.

Star-studded economic panel marks Stalin's break with past

Star-studded economic panel marks Stalin's break with past

Rediff.com22 Jun 2021

Chief Minister MK Stalin has shown that he is cut from a different cloth when it comes to embracing what is current, modern and absolutely necessary. Thus, even while retaining the spirit and content of the pan-Tamil, Dravidian socio-political and socio-economic ideology to the 't', his government has also acknowledged the need to accepting scientifically-proven facts in operational matters, says N Sathiya Moorthy.

Mumbai ODI: MCA cites financial constraints, COA chief confident of solution

Mumbai ODI: MCA cites financial constraints, COA chief confident of solution

Rediff.com9 Oct 2018

The BCCI is confident that the Mumbai Cricket Association will host India's fourth ODI against the West Indies on October 29 despite the roadblocks cited by the state body's officials.

Over Rs 80,00,00,00,000 blackmoney brought under tax ambit: Centre to SC

Over Rs 80,00,00,00,000 blackmoney brought under tax ambit: Centre to SC

Rediff.com3 Oct 2016

About Rs 1,282 crore has been levied as tax in 159 cases pertaining to concealment of tax due to the government

SC directs Mallya to disclose assets by April 21

SC directs Mallya to disclose assets by April 21

Rediff.com7 Apr 2016

The banks also wanted disclosure of assets of Mallya's other close relatives and former relatives, including his ex-wife, which was objected by his counsel.

Why swift action in the Vijay Mallya case is important

Why swift action in the Vijay Mallya case is important

Rediff.com14 Mar 2016

Several of his lenders have a lot to answer for.

Road rage case: SC holds Sidhu guilty, but no jail term

Road rage case: SC holds Sidhu guilty, but no jail term

Rediff.com15 May 2018

The Punjab tourism minister was fined Rs 1,000 for voluntarily causing hurt to a 65-year-old man in the 1998 case.

Bill proposing voluntary use of Aadhaar as ID tabled in LS

Bill proposing voluntary use of Aadhaar as ID tabled in LS

Rediff.com24 Jun 2019

Suggesting the bill is in line with the apex court judgment, Prasad said people of India have accepted Aadhaar. The bill proposes to allow voluntary use of Aadhaar number for authentication and identity proof in opening of bank accounts and procuring of mobile phone connections. The Bill also seeks to give a child an option to exit from the biometric ID programme on attaining 18 years of age, while stipulating stiff penalties for violation of norms set for use of Aadhaar and violation of privacy.

Will Supreme Court finally end RBI's supreme conceit?

Will Supreme Court finally end RBI's supreme conceit?

Rediff.com12 Apr 2019

For the past 10 years or more, the RBI has been turning down dozens of applications under the RTI Act that sought disclosing the list of wilful defaulters and the RBI's inspection reports. In fact, it is the only organisation that has a granular and complete view of the heist that has been going on for 25 years at least. But it has escaped any blame for the multiple rounds of bankruptcy and massive periodic recapitalisation of public sector banks caused by bad loans. In fact, they don't want anyone to know how incompetent and collusive they have been in handling bad loans, says Debashis Basu.

'Lockdown will lead to shutdown'

'Lockdown will lead to shutdown'

Rediff.com8 Apr 2020

'You cannot start an MSME again.' 'It is not like a Yes Bank that someone comes and saves the bank.' Once the shutter is down for an MSME, nobody will come to its rescue.'

Bankers prefer more disclosure on NPAs

Bankers prefer more disclosure on NPAs

Rediff.com14 Apr 2016

'Confidentiality needs to be maintained.'

Trump administration supports environment case against Tata Mundra project

Trump administration supports environment case against Tata Mundra project

Rediff.com2 Aug 2018

The US govt has urged the Supreme Court to reverse a lower court order on the Tata Mundra Power Plant in Gujarat funded by a financial wing of the World Bank

Gambhir contributes two years' salary to coronavirus fund

Gambhir contributes two years' salary to coronavirus fund

Rediff.com2 Apr 2020

Cricketer-turned-politician Gautam Gambhir on Thursday said he will contribute his two years' salary as an MP to the Prime Minister-CARES fund to tackle the coronavirus pandemic sweeping through the country. The BJP's Lok Sabha member from East Delhi made the announcement on his Twitter page, urging people to come forward and donate generously.

'We will render you homeless', SC threatens Amrapali group

'We will render you homeless', SC threatens Amrapali group

Rediff.com8 Aug 2018

The bench asked the group to submit within 15 days a valuation report of movable and immovable properties of its managing director and directors.

SC order exposes 'lame excuses' of Modi govt: Cong

SC order exposes 'lame excuses' of Modi govt: Cong

Rediff.com28 Oct 2014

Congress on Tuesday said that the Supreme Court order on the black money issue has exposed the Centre's "lame excuses" by directing it to disclose to it by Wednesday the names of all those who have black money stashed abroad.

Govt submission on black money in SC 'ill-advised': Jethmalani

Govt submission on black money in SC 'ill-advised': Jethmalani

Rediff.com24 Oct 2014

Jethmalani said that the BJP-led government at the Centre should take no step without obtaining the consent of the SIT which has been set up to probe the matter.

DeMo: 3 questions still remain unanswered

DeMo: 3 questions still remain unanswered

Rediff.com13 Sep 2017

Could the gains in terms of widening the tax net, increased digital transactions and detection of higher fake currency notes have been achieved without the huge disruption and output loss that demonetisation caused to the Indian economy, asks A K Bhattacharya.

PM meets Jaitley, Goyal; discusses bottlenecks in power sector

PM meets Jaitley, Goyal; discusses bottlenecks in power sector

Rediff.com25 Aug 2014

These issues range from resolving the conflicts between power sector borrowers and banks.

Black money: SC appoints special probe team

Black money: SC appoints special probe team

Rediff.com4 Jul 2011

Former apex court judge M B Shah will also be member of the SIT.

SC refers plea on demonetised notes to Constitution Bench

SC refers plea on demonetised notes to Constitution Bench

Rediff.com3 Nov 2017

A bench comprising Chief Justice Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud said the Constitution Bench would also deal with the individual plea of those who could not deposit their currency notes during the window period provided by the Reserve Bank of India.

Aadhaar must for filing IT returns from July 1: CBDT

Aadhaar must for filing IT returns from July 1: CBDT

Rediff.com10 Jun 2017

I-T said that the Supreme Court on Friday had only given a "partial relief" to those who do not have an Aadhaar.

SC adopts new roster system, CJI to hear all PILs

SC adopts new roster system, CJI to hear all PILs

Rediff.com21 Apr 2018

A roster of the work for fresh cases notified under the order of the chief justice of India will come into effect from February 5 till further orders.

Farmers gear up for Bharat bandh, draw more support

Farmers gear up for Bharat bandh, draw more support

Rediff.com8 Dec 2020

With almost all opposition parties too backing the 'Bharat bandh' and many announcing parallel protests in support of the farmers, the Centre has issued an advisory directing the states and Union Territories to tighten security and ensure peace is maintained.

Man who killed Himachal officer during demolition drive arrested

Man who killed Himachal officer during demolition drive arrested

Rediff.com3 May 2018

Vijay Singh had fired at assistant town planner Shail Bala Sharma, who was leading a SC mandated demolition drive against illegal structures, and fled.

We will see: SC on PIL seeking urgent hearing into govt's computer surveillance order

We will see: SC on PIL seeking urgent hearing into govt's computer surveillance order

Rediff.com3 Jan 2019

The Supreme Court said on Thursday that it will hear "as and when required" a public interest litigation challenging the government's notification authorising 10 central agencies to intercept, monitor and decrypt any computer system.