News for 'asset declaration'

MF Guru: 'Can I achieve Rs 2 cr target in 10 years?'

MF Guru: 'Can I achieve Rs 2 cr target in 10 years?'

Rediff.com13 Jan 2023

Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.

A Week In The Life Of A PSU Banker

A Week In The Life Of A PSU Banker

Rediff.com12 May 2023

'The CM kept his cool, but his adviser was liberal with filthy language.' Tamal Bandyopadhyay recreates the diary of a general manager in a public sector bank, providing a glimpse of how they balance their work and life.

Gambhir richest among LS candidates in Delhi

Gambhir richest among LS candidates in Delhi

Rediff.com24 Apr 2019

The cricketer-turned-politician, who will be making his electoral debut from East Delhi, has shown an income of nearly Rs 12.40 crore in the income tax returns filed for 2017-18.

UN declares Ebola outbreak 'threat to peace and security'

UN declares Ebola outbreak 'threat to peace and security'

Rediff.com19 Sep 2014

The UN Security Council has declared the Ebola outbreak in West Africa a threat to peace and security, with UN chief Ban Ki-moon deciding to deploy an "unprecedented" emergency health mission to combat the outbreak that has impacted the lives of millions.

Cong's Bharat Jodo Yatra to be a reach out exercise

Cong's Bharat Jodo Yatra to be a reach out exercise

Rediff.com19 May 2022

The Congress will reach out to civil society members and like-minded political groups for the 'Bharat Jodo' yatra from October 2 for rallying support to combat polarisation and protect Constitution, democracy and various institutions, senior party leaders said on Thursday.

Reliance says deal with Future group is off after secured creditors vote it down

Reliance says deal with Future group is off after secured creditors vote it down

Rediff.com23 Apr 2022

Reliance Industries on Saturday said its Rs 24,713-crore deal with the Future Group cannot go ahead as secured creditors of the latter have voted against it.

How govt will judge the performance of PSUs

How govt will judge the performance of PSUs

Rediff.com11 May 2022

The number of times public sector undertakings (PSUs) have held conference calls with investors, their capital management, and debt financing are among the parameters that the Centre will use to judge their performance for the first time, a senior official in the know said. The government will evaluate PSUs for FY22 based on new parameters that were finalised by the Department of Public Enterprises (DPE) in consultation with the Department of Investment and Public Asset Management (DIPAM) last year, the official said. The government had included more conditions in the memorandum of understandings (MoUs) - used to set annual targets - that public sector enterprises sign with the DPE every year. These included a consistent dividend policy, which seeks to transfer dividends by PSUs every quarter; and market capitalisation or share price improvement over the sectoral index on an annual average basis for listed companies.

Guptas used former Prez Zuma against people of S Africa: Probe panel

Guptas used former Prez Zuma against people of S Africa: Probe panel

Rediff.com1 May 2022

The report said Zuma 'would do anything that the Guptas wanted him to do for them,' including firing competent ministers and senior officials at parastatal institutions, so that Gupta lackeys could be appointed to those positions.

Manipur: Not A Time To Burn Bridges

Manipur: Not A Time To Burn Bridges

Rediff.com7 Jun 2023

The present happenings in Manipur are the wages of continued neglect, and not so benign at that, of a vital region and its people. Had we lavished on the North East even a fraction of the care and resources we do on Kashmir, things would not have come to this pass, asserts Shreekant Sambrani.

Anil Ambani, Vinod Adani, Sachin Tendulkar, Kiran Mazumdar-Shaw named in Pandora Papers

Anil Ambani, Vinod Adani, Sachin Tendulkar, Kiran Mazumdar-Shaw named in Pandora Papers

Rediff.com4 Oct 2021

"Tendulkar's attorney said the cricket player's investment is legitimate and has been declared to tax authorities. Shakira's attorney said the singer declared her companies, which the attorney said do not provide tax advantages. Schiffer's representatives said the supermodel correctly pays her taxes in the UK, where she lives," it notes.

All the AIADMK candidates are crorepatis!

All the AIADMK candidates are crorepatis!

Rediff.com18 Apr 2019

23 of the DMK's 24 candidates are crorepatis!

CBI files Rs 230-crore bank fraud case against Amrapali

CBI files Rs 230-crore bank fraud case against Amrapali

Rediff.com20 May 2022

The CBI has filed an FIR against Amrapali Leisure Valley Developers Pvt Ltd, its director Anil Sharma and others for allegedly cheating Bank of Maharashtra and Andhra Bank of over Rs 230 crore, officials said on Friday. The banks had sanctioned credit facilities to develop a housing building at the Tech Zone IV in Uttar Pradesh's Greater Noida on a plot measuring 1.06 lakh square metre, the FIR alleged. The company failed to maintain financial discipline following which the account was declared a non-performing asset on March 31, 2017, the complaint from Bank of Maharashtra, now part of the FIR, has alleged, adding that "it has resulted in the loss of over Rs 230.97 crore". Following the FIR, the CBI Thursday conducted searches at four locations in Delhi, Noida and Ghaziabad, they said.

Fodder for scam: Lalu and his cows

Fodder for scam: Lalu and his cows

Rediff.com30 Sep 2013

The former Bihar chief minister has seven criminal cases against him, most of them related to cheating and forgery. Vicky Nanjappa reports

Atishi gets income tax notice, AAP calls BJP sexist

Atishi gets income tax notice, AAP calls BJP sexist

Rediff.com30 Jun 2021

Atishi claimed the notice was sent to scare her, but "we have come from difficult fields to change politics of this country and we will not get intimidated by these hollow threats of the BJP".

401 crorepati candidates in Phase 1

401 crorepati candidates in Phase 1

Rediff.com11 Apr 2019

The richest candidate in the first phase is from Chevella. The poorest candidate is also contesting from the same constituency in Telengana!

87 per cent Rajya Sabha candidates are crorepatis

87 per cent Rajya Sabha candidates are crorepatis

Rediff.com22 Mar 2018

Election watchdog Association of Democratic Reforms also reported that Janata Dal-United's Mahendra Prasad was the richest with assets worth Rs 4,078 crore.

BOI drags Future Retail to insolvency tribunal NCLT

BOI drags Future Retail to insolvency tribunal NCLT

Rediff.com14 Apr 2022

Public sector lender Bank of India has moved to the National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Future Retail Ltd and a moratorium over the assets of the Kishore Biyani-led debt-ridden firm. Besides, Bank of India (BOI), the lead banker of a consortium of banks that lent money to Future Retail Ltd (FRL), also suggested the insolvency tribunal appoint Vijay Kumar V Iyer as the interim professional of the company. Meanwhile FRL, in a regulatory filing, said it has been served and received a copy of the petition and is in the "process of taking legal advice".

47 Gujarat MLAs have criminal cases; 141 crorepatis

47 Gujarat MLAs have criminal cases; 141 crorepatis

Rediff.com20 Dec 2017

Among MLAs with criminal cases, 33 have declared serious cases including cases related to murder, attempt to murder, dacoity, robbery etc.

How BJP hopes to gain by taking Kuldeep Bishnoi into its fold

How BJP hopes to gain by taking Kuldeep Bishnoi into its fold

Rediff.com10 Aug 2022

According to experts, Bishnoi had been sulking since the Congress ignored him for the post of its Haryana unit chief during a revamp earlier this year.

Will General Munir Take On Imran Khan?

Will General Munir Take On Imran Khan?

Rediff.com24 Nov 2022

If General Asim Munir, Pakistan's new army chief, wants to help defuse the current polarised atmosphere and shepherd civilian politicians towards negotiations on an acceptable date for elections, he may need to distance himself from any perception of needless hostility to Imran Khan, explains Rana Banerji, who headed the Pakistan desk at RA&W, India's external intelligence agency.

33 of 95 BSE100 cos INCREASED CAPEX

33 of 95 BSE100 cos INCREASED CAPEX

Rediff.com4 Feb 2021

Acquisitions may have played a role in much of the increase.

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.

Amid resignation report, Rajapaksa says he is ready to make 'any sacrifice'

Amid resignation report, Rajapaksa says he is ready to make 'any sacrifice'

Rediff.com9 May 2022

Despite mounting pressure, Gotabaya, and Prime Minister Mahinda have refused to quit office.

Now, taxpayers can file updated returns within 2 years

Now, taxpayers can file updated returns within 2 years

Rediff.com1 Feb 2022

Currently, if the IT department finds out that some income has been missed out by the assessee, it goes through a lengthy process of adjudication, and the new proposal would repose trust in the taxpayer.

Why Ruchi Soya is a prized asset for its bidders

Why Ruchi Soya is a prized asset for its bidders

Rediff.com25 Jun 2018

At the heart of the bidding war is the firm's edible oil refining capacity

Govt gets Rs 6,651 cr interim dividend from 12 PSUs

Govt gets Rs 6,651 cr interim dividend from 12 PSUs

Rediff.com19 Jan 2022

The Centre has received Rs 6,651 crore as interim dividend from 12 public sector undertakings (PSUs) on Monday, edging towards its Rs 50,028 crore dividend target for the ongoing fiscal. Power Grid Corporation of India (PGCIL) has transferred Rs 2,506 crore as a dividend tranche to the government, while NMDC and Nuclear Power Corporation of India transferred interim dividend of Rs 1,605 crore and Rs 972 crore, respectively. The government has received dividend tranches of Rs 913 crore from GAIL, Rs 351 crore from Hindustan Aeronautics, Rs 149 crore from Bharat Electronics, among others, Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey tweeted.

Buying A Used Car? Read These Smart Tips

Buying A Used Car? Read These Smart Tips

Rediff.com20 Jul 2022

You will come across many a hurdle while purchasing a used car. That, however, cannot keep you away from realising your dream.

Naidu India's richest CM, Sarkar, Mamata poorest

Naidu India's richest CM, Sarkar, Mamata poorest

Rediff.com13 Feb 2018

Andhra Pradesh's Chandrababu Naidu has emerged as the wealthiest chief minister with declared assets worth over Rs 177 crore, followed by Arunanchal Pradesh's Pema Khandu (over Rs 129 crore) and Amarinder Singh of Punjab (over Rs 48 crore).

Naidu's 3-year-old grandson is 6 times richer than him

Naidu's 3-year-old grandson is 6 times richer than him

Rediff.com23 Nov 2018

Naidu's son and state Information Technology Minister Nara Lokesh declared the family's assets on Wednesday.

Sensex sinks 1,024 points; banks, financials drag

Sensex sinks 1,024 points; banks, financials drag

Rediff.com7 Feb 2022

HDFC Bank was the top loser in the Sensex pack, shedding over 3.5 per cent, followed by Bajaj Finance, L&T, HDFC, Bajaj Finserv, HDFC and Kotak Bank.

20 UP ministers have criminal charges, 35 are crorepatis

20 UP ministers have criminal charges, 35 are crorepatis

Rediff.com21 Mar 2017

Chief Minister Adityanath has total assets worth over Rs 71 lakh, while Deputy CM Keshav Prasad has total assets of over Rs 9 crore.

Was CIC Mahurkar Right In His Views?

Was CIC Mahurkar Right In His Views?

Rediff.com2 Dec 2022

'As CIC, you have the power to comment on policy matters. 'If you have very strong beliefs and you know your rulings will be reported, you will express your beliefs.'

Revealed: How PM Planned Demonetisation

Revealed: How PM Planned Demonetisation

Rediff.com8 Nov 2022

November 8 marks 6 years after demonetisation. A K Bhattacharya reveals how the prime minister and the RBI worked together for months before Modi's 8 pm speech. A riveting excerpt from The Rise Of Goliath: Twelve Disruptions That Changed India.

Djokovic looking forward to return to Australian Open

Djokovic looking forward to return to Australian Open

Rediff.com28 May 2022

Novak Djokovic said on Friday he would like to return to play in Australia again despite being deported from the country earlier this year

Nadal, Djokovic slam Wimbledon ban on Russian players

Nadal, Djokovic slam Wimbledon ban on Russian players

Rediff.com2 May 2022

Nadal says Wimbledon ban on Russian and Belarusian players unfair

Pandora Papers: A Rich Man's Game

Pandora Papers: A Rich Man's Game

Rediff.com20 Dec 2021

The money stashed away in tax havens is estimated at between $5.6 trillion and $32 trillion, numbers to make your eyes pop, asserts T N Ninan.

Can't accept Amazon offer until legally viable: Future's ind directors

Can't accept Amazon offer until legally viable: Future's ind directors

Rediff.com24 Jan 2022

Future Retail's independent directors had last week asked Amazon if it was willing to give a long-term loan to avoid default on repayment of Rs 3,500 crore loan due on January 29. Amazon replied to that saying it was willing to financially assist Future Retail through the Samara Capital deal but the retailer must shelve Rs 24,713 crore deal with the Reliance group.

Just how much is PM Narendra Modi worth?

Just how much is PM Narendra Modi worth?

Rediff.com20 Sep 2018

The 'pradhan sevak' is a crorepati, with no car and has only four gold rings in his name.

17 ex-ministers among 18 sworn-in in Maharashtra, no woman in Shinde cabinet

17 ex-ministers among 18 sworn-in in Maharashtra, no woman in Shinde cabinet

Rediff.com9 Aug 2022

The much-delayed expansion of the 41-day-old Maharashtra ministry saw as many as 17 former ministers taking oath on Tuesday.

Congress Challenge: Keep Siddaramaiah, Shivakumar Happy

Congress Challenge: Keep Siddaramaiah, Shivakumar Happy

Rediff.com18 May 2023

There are lessons for the Congress to learn from the Karnataka elections of how burying the hatchet among top leaders and not washing dirty linen in public can help, says Ramesh Menon.