News for 'company ban'

Rare-earth squeeze puts electric two-wheeler firms, suppliers at odds

Rare-earth squeeze puts electric two-wheeler firms, suppliers at odds

Rediff.com24 Sep 2025

Electric two-wheeler (e2W) companies are upset with some of their suppliers of heavy rare-earth magnet-powered electric motors, who have objected to their proposal - under consideration by the government - that would allow e2W original equipment manufacturers (OEMs) an exemption from localisation norms on electric motors, thereby enabling them to continue receiving the 5,000-per-vehicle subsidy.V

India's cricket jersey gets new sponsor - Apollo Tyres

India's cricket jersey gets new sponsor - Apollo Tyres

Rediff.com16 Sep 2025

Apollo Tyres has been locked in as the new jersey sponsor for the Indian cricket team following the exit of online game platform Dream11, a senior BCCI official told PTI on Tuesday.

How India Let Sri Lanka Steal Its Tea Crown

How India Let Sri Lanka Steal Its Tea Crown

Rediff.com2 Oct 2025

India, the land that gave the world Darjeeling and Assam tea, risks losing its place at the global tea table, not because of its leaves, but because of its lost opportunities, notes Kanika Datta.

How To Make Online Gaming Safe For Your Kids

How To Make Online Gaming Safe For Your Kids

Rediff.com17 Oct 2025

Gaming and cyber security experts suggest how kids and parents can stay aware to fight the growing threats and miscreants who act from behind the screen.

Team India Sponsorship: BCCI bars gaming, crypto firms

Team India Sponsorship: BCCI bars gaming, crypto firms

Rediff.com2 Sep 2025

The BCCI invited bids for the Indian cricket team's title sponsorship rights after fantasy sports giants Dream11's pullout.

BCCI hikes team India jersey sponsorship rates

BCCI hikes team India jersey sponsorship rates

Rediff.com5 Sep 2025

Following the government's recent Promotion and Regulation of Online Gaming Act, 2025, the BCCI promptly cancelled the contract of the Indian team's lead sponsor, Dream11.

Tribunal stays CCI ban on WhatsApp-Meta data sharing

Tribunal stays CCI ban on WhatsApp-Meta data sharing

Rediff.com23 Jan 2025

The National Company Law Appellate Tribunal (NCLAT) on Thursday stayed the five-year ban imposed by competition watchdog CCI on data-sharing practices between WhatsApp and Meta for advertising purposes, offering a breather to the tech giant. Meta welcomed the "NCLAT's decision to grant a partial stay on the Competition Commission of India's (CCI) order" and said it will evaluate next steps.

Case of a missing 'degree': Lenskart's weird problem

Case of a missing 'degree': Lenskart's weird problem

Rediff.com30 Jul 2025

In a surprising disclosure, eyewear giant Lenskart Solutions has revealed that Sumeet Kapahi, one of its co-founders and promoters, has been unable to locate copies of his Bachelor of Commerce (Honours) degree and marksheets from the University of Delhi. The revelation was made in the company's draft red herring prospectus (DRHP) filed with markets regulator Sebi as part of its proposed initial public offering (IPO).

Sebi lifts trading ban on Jane Street after Rs 4,843 cr deposit in escrow account

Sebi lifts trading ban on Jane Street after Rs 4,843 cr deposit in escrow account

Rediff.com21 Jul 2025

Markets regulator Sebi on Monday announced that it has allowed Jane Street, the US-based proprietary trading firm accused of market manipulation, to resume trading after the company deposited the mandated Rs 4,843.57 crore in an escrow account. The move comes after Jane Street complied with Sebi's directive, issued in the interim order dated July 3, to deposit the amount in an escrow account.

It's time to get started, put money in deals: M&A financing opens up

It's time to get started, put money in deals: M&A financing opens up

Rediff.com15 Sep 2025

Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.

TikTok shut down in US hours before ban takes effect

TikTok shut down in US hours before ban takes effect

Rediff.com19 Jan 2025

TikTok's app effectively shut down in the US, just hours before a law banning the popular video-sharing platform was set to go into effect. The app was shut down on Saturday, displaying a message that the app "isn't available right now," but expects resolution under President-elect Trump. The Supreme Court on Friday unanimously upheld the divest-or-ban law, which gave TikTok's China-based parent company ByteDance until Sunday to divest from the app. President Trump said Saturday that he would most likely give TikTok a 90-day extension. Following Friday's Supreme Court decision, TikTok CEO Shou Zi Chew thanked the president-elect for his commitment to finding a solution to keep the app accessible in the US.

'Ample Room For New Entrants In Equity Exchange'

'Ample Room For New Entrants In Equity Exchange'

Rediff.com31 Aug 2025

'Market momentum and investor interest are at unprecedented levels, making this the opportune moment.'

Are Reels Guiding Your Financial Decisions? Beware!

Are Reels Guiding Your Financial Decisions? Beware!

Rediff.com25 Aug 2025

Reels often induce the FOMO-'Act now!' mentality. But sound investing is about consistency, diversification and a long-term horizon.

Has Vijay Changed After Karur Stampede?

Has Vijay Changed After Karur Stampede?

Rediff.com25 Oct 2025

Vijay, despite the loud message from his delayed arrival at the road-show/stampede venue, and more so his continued inaccessibility for fans-turned-cadres after graduating from a super-star to a political party leader with electoral ambitions, refuses to change. Or, so it seems, observes N Sathiya Moorthy.

Scandal rocks PCB! Agent representing 20 Pakistani players banned

Scandal rocks PCB! Agent representing 20 Pakistani players banned

Rediff.com31 Mar 2025

The Pakistan Cricket Board (PCB) is set to investigate a case involving a UK-based Pakistani agent, Mughiz Ahmad Shearachiikh, who has been suspended by the England and Wales Cricket Board (ECB) for breaching its anti-corruption code. Shearachiikh and his company, International Cricketers Association (ICA), had signed several centrally contracted Pakistani players last year.

Reliance sanction compliant; Russian oil benefit capped at 2.1pc of EBITDA

Reliance sanction compliant; Russian oil benefit capped at 2.1pc of EBITDA

Rediff.com5 Sep 2025

Reliance Industries Ltd has consistently remained compliant with international sanctions and is expected to adhere to upcoming measures on Russian oil, analysts said, estimating that oil sourced from Russia contributes just 2.1 per cent to its consolidated EBITDA. Reliance operates the world's largest single location refining complex, with more than half of the capacity exclusively dedicated for exports.

BCCI confirm: Discontinuing relationship with Dream 11

BCCI confirm: Discontinuing relationship with Dream 11

Rediff.com25 Aug 2025

In 2023, the BCCI announced a deal with Dream11 as the lead sponsor for Team India. Dream11 replaced Byju's, whose contract ended in March that year, and had signed the agreement with BCCI for a period of three years.

China vows to protect its firms after India, others ban DeepSeek

China vows to protect its firms after India, others ban DeepSeek

Rediff.com6 Feb 2025

China has defended its newly-released AI tool DeepSeek, after several countries, including India, imposed restrictions on government officials accessing it. Beijing claims actions against DeepSeek amount to "politicisation" of trade and tech issues and vowed to protect the interests of its companies. India's Finance Ministry directed officials to avoid using DeepSeek on office devices, citing confidentiality risks. The tool has garnered global attention for its low-cost model and efficient use of resources, surpassing ChatGPT in popularity on Apple's Appstore.

US SC upholds law banning TikTok, app to be removed from stores

US SC upholds law banning TikTok, app to be removed from stores

Rediff.com18 Jan 2025

The US Supreme Court has upheld a law requiring TikTok's China-based parent company to divest from the app, paving the way for the popular platform to be banned from the US starting Sunday. The court's decision was unanimous, with the justices citing national security concerns related to TikTok's data collection practices and relationship with a foreign adversary. While existing users may still access the app, new users will be unable to download it and updates will no longer be available. The decision comes as the Biden administration prepares to hand over the reins to the incoming Trump administration, which is expected to review the situation before making a final determination on TikTok's fate.

Kerala couple flees Bengaluru after duping investors of Rs 50 cr

Kerala couple flees Bengaluru after duping investors of Rs 50 cr

Rediff.com9 Jul 2025

A couple from Kerala, running a chit fund company in Bengaluru, has allegedly fled after cheating over 1,300 investors of more than Rs 50 crore. Police have launched a manhunt and are investigating the extent of the fraud.

Bike Taxis Go Off Roads in Karnataka

Bike Taxis Go Off Roads in Karnataka

Rediff.com27 Jun 2025

Bike-taxi drivers are also left stranded as many depended on the service.

Ban Loss-Making Companies' IPOs!

Ban Loss-Making Companies' IPOs!

Rediff.com20 Oct 2022

The most important step is delivering what is needed -- a fairer IPO pricing, notes Debashis Basu.

Nestle India turnover grew 2.5 fold post Maggi crisis

Nestle India turnover grew 2.5 fold post Maggi crisis

Rediff.com3 Jun 2025

The turnover of FMCG major Nestle India's has grown 2.5 folds to Rs 20,100 crore in last one decade, post the Maggi crisis in 2015, according to the company's latest annual report. At the time of crisis, Nestle India's turnover was at Rs 8,100 crore.

Gandhi Called Him 'Father Of The Nation'

Gandhi Called Him 'Father Of The Nation'

Rediff.com5 Sep 2025

On his 200th birth anniversary, Utkarsh Mishra traces the life, thought, and legacy of Dadabhai Naoroji, the Grand Old Man of India.

India's imports of Russian oil under spotlight after Trump tariffs

India's imports of Russian oil under spotlight after Trump tariffs

Rediff.com31 Jul 2025

From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per cent of total crude imports, India's reliance on Russian oil has surged -- drawing fresh scrutiny with US President Donald Trump announcing a penalty on top of a 25 per cent tariff, or tax, on all goods going to the US.

How online war games turn out to be recruitment hub in J-K

How online war games turn out to be recruitment hub in J-K

Rediff.com25 Jul 2025

Terror groups are using online war games to communicate with recruits in Jammu and Kashmir, bypassing traditional social media channels, officials said.

From Badla To Jane Street: Market Tricks Haunt Again

From Badla To Jane Street: Market Tricks Haunt Again

Rediff.com13 Aug 2025

Jane Street could do what they did because of the most fundamental flaw in the Indian stock market: a fragmented, fractured, fissured, fistula-ed liquidity stream, points out Shankar Sharma.

Centre bans 156 drugs used for fever, pain, allergies

Centre bans 156 drugs used for fever, pain, allergies

Rediff.com22 Aug 2024

FDC drugs are those which contain a combination of two or more active pharmaceutical ingredients in a fixed ratio and are also referred to as 'cocktail' drugs.

BSE: Stock Exchange That Refused To Die

BSE: Stock Exchange That Refused To Die

Rediff.com25 Jul 2025

The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.

US penalty risk on Russian oil may add $9-11 bn to India's import bill

US penalty risk on Russian oil may add $9-11 bn to India's import bill

Rediff.com3 Aug 2025

India's annual oil import bill could rise by $9-11 billion if the country is compelled to move away from Russian crude in response to US threats of additional tariffs or penalties on Indian exports, analysts said. India, the world's third-largest oil consumer and importer, has reaped significant benefits by swiftly substituting market-priced oil with discounted Russian crude following Western sanctions on Moscow after its invasion of Ukraine in February 2022.

No option for states to reject bike taxi norms: Rapido cofounder Guntupalli

No option for states to reject bike taxi norms: Rapido cofounder Guntupalli

Rediff.com10 Jul 2025

Rapido - one of the largest players in the bike taxi commute business - says the new guidelines released by the central government on July 1, permitting "non-transport motorcycles" for aggregators, no longer give states the option of rejecting the revised policy.

'Sahi track pe aa ja, jaise pehle tha': Sachin to Shaw

'Sahi track pe aa ja, jaise pehle tha': Sachin to Shaw

Rediff.com26 Jun 2025

Rumours swirled about his off-field distractions and poor company, something Shaw himself acknowledged in a candid interview

Financial regulators back ISA 600 for auditors of listed companies

Financial regulators back ISA 600 for auditors of listed companies

Rediff.com3 Sep 2024

The National Financial Reporting Authority (NFRA) will invite public comments on the revised International Standard on Auditing 600 (ISA 600) proposed to be adopted by publicly listed companies and non-public-sector banks, sources close to the development told Business Standard. The decision to take this "graded approach" for the adoption of the ISA, which is meant to rein in auditors often found hiding behind the audit reports signed off by subsidiary companies, was taken at a meeting of various financial sector regulators at NFRA's board meeting on Monday (August 26). The idea behind upgrading the Standards of Audit 600 currently followed by Indian auditors to ISA 600 is to plug current gaps, which have led to major audit lapses in the recent past.

Sunny OK With Pakistani Actors In Bollywood

Sunny OK With Pakistani Actors In Bollywood

Rediff.com10 Apr 2025

A day before his film Jatt released, Sunny Deol made a comment, surprising those who are so used to his cinematic patriotic image and his Pakistan-bashing movies.

'India Should Reduce Tariffs For All Countries'

'India Should Reduce Tariffs For All Countries'

Rediff.com11 Aug 2025

'That way you're not hostage just to US sort of exports to India.'

Alcaraz eyes Wimbledon hat-trick: Can Sinner stop him?

Alcaraz eyes Wimbledon hat-trick: Can Sinner stop him?

Rediff.com27 Jun 2025

Carlos Alcaraz will aim to reinforce his status as the new all-court monarch of men's tennis with a third successive Wimbledon title

How US-based Jane Street siphoned Rs 36,000 cr from Indian markets

How US-based Jane Street siphoned Rs 36,000 cr from Indian markets

Rediff.com4 Jul 2025

The strategy was straightforward - aggressively buy select Bank Nifty index stocks in the morning and sell them just as forcefully later in the day, triggering a sharp drop in share prices.

Maoists blame surrendered cadres for Basavaraju's killing

Maoists blame surrendered cadres for Basavaraju's killing

Rediff.com27 May 2025

Maoists have admitted that 28 cadres, including their top leader Basavaraju, were killed in an encounter with security forces in Chhattisgarh's Bastar region last week. The Naxals also claimed that some of their cadres had surrendered to police and provided information that led to the operation. Police have recovered a large cache of weapons, including an AK-47 looted by Basavaraju from security forces in a 2010 ambush.

'OTT Has Become Desi Porn'

'OTT Has Become Desi Porn'

Rediff.com6 May 2025

'This kind of content will destroy our culture.'

Sebi bans Vijay Mallya from securities market for 3 years

Sebi bans Vijay Mallya from securities market for 3 years

Rediff.com26 Jul 2024

Sebi on Friday barred fugitive businessman Vijay Mallya from the securities markets and restrained him from associating with any listed firm for three years in the matter of routing of funds to the Indian securities market using overseas bank accounts with UBS AG. The Indian government has been attempting to extradite Mallya from the United Kingdom to face fraud charges related to his now-defunct company Kingfisher Airlines. Mallya has been living in the United Kingdom since March 2016.