News for 'assets frozen'

HC appoints Ernst & Young India as valuer for Nokia's plant

HC appoints Ernst & Young India as valuer for Nokia's plant

Rediff.com27 Apr 2015

Ernst & Young is appointed as valuer for Nokia India's Chennai mobile making plant

Racing Point ready to move on from cash-starved Force India era

Racing Point ready to move on from cash-starved Force India era

Rediff.com14 Feb 2019

Racing Point have put the cash-starved Force India days behind them and now have the resources to show Formula One what they can really do, the Canadian-owned team said.

Force India had 2.2m pounds worth dues to be paid before July

Force India had 2.2m pounds worth dues to be paid before July

Rediff.com4 Oct 2018

The report also revealed the parlous finances of the Vijay Mallya-owned team at the time they were taken into administration last July.

UK high court deals another blow to Mallya

UK high court deals another blow to Mallya

Rediff.com17 Apr 2019

The court ruled that an interim debt order in favour of SBI and other banks seeking access to funds in the Mallya's ICICI UK bank account "should remain in force" but the application to make it final should be adjourned until after the hearing of his pending bankruptcy petition.

Not Lehman but a Northern Rock moment for India

Not Lehman but a Northern Rock moment for India

Rediff.com17 Oct 2018

Most of the NBFCs do not take public deposits but that does not mean they cannot create systemic risks. The banking system has at least Rs 57,000 crore exposure to IL&FS. Haven't the banks invested public money in IL&FS papers, asks Tamal Bandyopadhyay.

Afghanistan: America Forsakes Friends, Allies

Afghanistan: America Forsakes Friends, Allies

Rediff.com31 Aug 2021

Remember the US withdrawal agreement was signed in February 2020. In the intervening period, a proper evacuation plan ought to have been in place. It was not. Consequently, tens of thousands of Afghans who had worked as interpreters, drivers, suppliers of goods and services, etc, face brutal retribution from the Taliban, Virendra Kapoor points out.

Banks were made to bail out Mallya under UPA rule: BJP

Banks were made to bail out Mallya under UPA rule: BJP

Rediff.com11 Mar 2016

BJP alleged that banks were 'pushed' into giving Rs 3,100 crore loan to him and unfreezing his bank accounts in 2012.

Nokia withdraws plea to sell Chennai unit as buyer backs out

Nokia withdraws plea to sell Chennai unit as buyer backs out

Rediff.com26 May 2015

Nokia may now not sell its Chennai unit.

Sasikala returns to Bengaluru prison as parole ends

Sasikala returns to Bengaluru prison as parole ends

Rediff.com13 Oct 2017

Sasikala left Chennai on Thursday morning by a car which had to halt at several locations till it reached the Bengaluru highway as party cadres gathered to greet her.

ASK AJIT: 'Accumulate', 'Hold' Or 'Exit'?

ASK AJIT: 'Accumulate', 'Hold' Or 'Exit'?

Rediff.com11 May 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries

Koda case: Rs 144 cr properties attached by special court

Koda case: Rs 144 cr properties attached by special court

Rediff.com11 Sep 2013

Property worth Rs 144 crore, which includes 25 flats and a shopping mall, has been attached in connection with the disproportionate assets case against the alleged associates of former Jharkhand Chief Minister Madhu Koda.

Mallya bank loan fraud: ED registers fresh case

Mallya bank loan fraud: ED registers fresh case

Rediff.com23 Aug 2016

By registering the fresh case, ED wants to strengthen its probe against the beleagured liquor baron and expedite a slew of actions it has initiated against him

'$1.37bn pumped into real estate in smaller cities in 2015-18'

'$1.37bn pumped into real estate in smaller cities in 2015-18'

Rediff.com9 Aug 2019

'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.

In praise of the bureaucrat

In praise of the bureaucrat

Rediff.com16 Dec 2020

Does IAS officers' work go unappreciated, asks Ajit Balakrishnan.

India 'deeply regrets' statements of Turkey, Malaysia on Kashmir

India 'deeply regrets' statements of Turkey, Malaysia on Kashmir

Rediff.com4 Oct 2019

External Affairs Ministry Spokesperson Raveesh Kumar said India has friendly ties with both the countries.

How Modi can rescue the economy

How Modi can rescue the economy

Rediff.com26 Jun 2019

''I have been saying for the last 25 years, to no avail naturally, that the only government asset that is politically unproblematic is land,' says T C A Srinivasa Raghavan.

Indian companies that lost billions in overseas acquisitions

Indian companies that lost billions in overseas acquisitions

Rediff.com31 Mar 2016

Tata Steel, others sell assets abroad after taking massive impairments.

Outlawed JuD defies Pak govt by launching ambulance service

Outlawed JuD defies Pak govt by launching ambulance service

Rediff.com27 Jan 2015

Unfazed by sanctions imposed by the government, Mumbai 2008 attacks mastermind Hafeez Saeed-led militant outfit Jamaat-ud-Dawah has launched an ambulance service in Karachi in southern port city of Pakistan.

India Inc heaves sigh of relief over 30-day grace for loan default

India Inc heaves sigh of relief over 30-day grace for loan default

Rediff.com8 Jun 2019

Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.

Now a 21-year-old treaty to be used to get Mallya back to India

Now a 21-year-old treaty to be used to get Mallya back to India

Rediff.com17 Aug 2016

Besides Mallya, his companies Kingfisher Airlines and United Breweries Holdings Limited have also been named as accused

You closed all options to recover dues by going public: Nirav Modi tells PNB

You closed all options to recover dues by going public: Nirav Modi tells PNB

Rediff.com19 Feb 2018

The billionaire jeweller, who has fled the country, in the letter also disagreed with the loan default amount of Rs 11,400 crore and pegged the amount his companies owe to the bank at under Rs 5,000 crore.

Pak bans JuD, FIF; arrests JeM chief Masood Azhar's brother

Pak bans JuD, FIF; arrests JeM chief Masood Azhar's brother

Rediff.com5 Mar 2019

According to Pakistan's National Counter Terrorism Authority (NACTA) list, which was updated on Tuesday, JuD and FIF were among 70 organisations proscribed by the ministry of Interior under the Anti-Terrorism Act 1997.

US imposes sanctions against Russian oligarchs, government officials

US imposes sanctions against Russian oligarchs, government officials

Rediff.com6 Apr 2018

The measures announced by the Treasury Department were also aimed at 17 senior Russian government officials. The state-owned Russian weapons trading company, Rosoboronexport, which has long-standing ties to Syria and its subsidiary, Russian Financial Corporation Bank were also targeted under new sanctions.

Saeed, other JuD leaders still freely using group's offices despite ban

Saeed, other JuD leaders still freely using group's offices despite ban

Rediff.com6 Mar 2018

The government last month had taken over the JuD's famous Muridke Markaz and Lahore's headquarters of Masjid Al Qadsia in Chauburji.

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).

Nokia may be allowed to sell Chennai mobile plant

Nokia may be allowed to sell Chennai mobile plant

Rediff.com24 Mar 2015

Nokia may be allowed to sell Chennai mobile plant.

A Salute to the Soldier at the LAC

A Salute to the Soldier at the LAC

Rediff.com10 Feb 2021

Indian Army officers, serving and retired, will tell you that the one thing that makes the Indian soldier singularly unique is his josh and jazba.

Two reasons why you must invest in the NPS now

Two reasons why you must invest in the NPS now

Rediff.com29 Sep 2016

Reduction in the mandatory minimum contribution and extension to invest in the scheme from 60 years to 70 years has made the National Pension Scheme more friendly, says Anil Chopra, Group CEO & Director Bajaj Capital

Another terror attack on India will be 'extremely problematic': US to Pak

Another terror attack on India will be 'extremely problematic': US to Pak

Rediff.com21 Mar 2019

'We need to see Pakistan taking concrete and sustained action to reign in the terrorist groups'

Parole ends, Sasikala to return to jail today

Parole ends, Sasikala to return to jail today

Rediff.com12 Oct 2017

She visited her husband M Natarajan, who underwent liver and kidney transplantation at a hospital in Chennai, on all five days of her parole period.

Nokia wants early permission to sell off its Chennai plant

Nokia wants early permission to sell off its Chennai plant

Rediff.com14 Oct 2014

In a separate tax case, the Supreme Court had ordered Nokia India on March 14 to give a Rs 3,500 crore or Rs 35 billion guarantee before it transfers the plant to Microsoft.

India-Pakistan relations can stem threat of terrorism, says UN chief

India-Pakistan relations can stem threat of terrorism, says UN chief

Rediff.com26 Nov 2015

As India commemorates the 7th anniversary of the 2008 Mumbai attacks, UN chief Ban Ki-moon has said that perpetrators of all terror attacks must be brought to justice.

Good ambience evolving for AIADMK merger talks, says Panneerselvam

Good ambience evolving for AIADMK merger talks, says Panneerselvam

Rediff.com25 Apr 2017

Panneerselvam's remark came a day after the two factions were squabbling and blaming each other for the delay in the talks getting off the ground.

Sebi slaps Rs 15 crore fine on Sharekhan

Sebi slaps Rs 15 crore fine on Sharekhan

Rediff.com31 Jul 2015

Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.

'Differences with India on making Swiss bank a/c info public'

'Differences with India on making Swiss bank a/c info public'

Rediff.com28 Oct 2014

Noting that tax evasion is not a criminal offence in Switzerland, a senior Swiss official has acknowledged differences with India on what can be made public about Indians having unaccounted money parked in Swiss banks.

Pakistan's devotion to LeT's Saeed runs deep

Pakistan's devotion to LeT's Saeed runs deep

Rediff.com13 Jan 2021

The perpetrators of the 2008 Mumbai attack, who shot dead 166 people, had confessed to details that should have been enough to hang him, but Pakistan enjoyed his anti-India rhetoric and let him spread his tentacles. A revealing excerpt from Khaled Ahmed's Pakistan's Terror Conundrum.

Pak bans JUD, Haqqani network 3 days ahead of Obama's India visit

Pak bans JUD, Haqqani network 3 days ahead of Obama's India visit

Rediff.com22 Jan 2015

In a paradigm shift in its policy against terrorism, Pakistan has included Jamaat-ud-Dawa led by the 2008 Mumbai attack mastermind Hafiz Saeed and the dreaded Haqqani network in the list of proscribed organisations after the US mounted pressure on the country.

Wanted! A National Security Strategy

Wanted! A National Security Strategy

Rediff.com31 May 2021

India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).

Bandhan finds that banking licence comes with challenges

Bandhan finds that banking licence comes with challenges

Rediff.com3 Nov 2018

From zeroing in on the best means for stake dilution to moving beyond microfinance, Bandhan navigates a tough path. Namrata Acharya reports.

Nokia unit may make phones for Microsoft

Nokia unit may make phones for Microsoft

Rediff.com5 Dec 2013

Unions will 'fight to death' if company 'decides' to shut Chennai factory.