News for 'corp'

Why Are The Generals At LoC?

Why Are The Generals At LoC?

Rediff.com12 Apr 2022

Army commanders visited the Kashmir Valley to review the security situation at the Line of Control on Monday.

Ties depend on peace at border, Rajnath tells Chinese defence minister in Delhi

Ties depend on peace at border, Rajnath tells Chinese defence minister in Delhi

Rediff.com27 Apr 2023

Defence Minister Rajnath Singh on Thursday held talks with his Chinese counterpart Li Shangfu and is learnt to have discussed the lingering border row in eastern Ladakh.

Why Bajwa did not shift ISI chief

Why Bajwa did not shift ISI chief

Rediff.com8 Sep 2021

Despite persisting questions among peer officers in the army about his professional competence and ethics, after his recent 'triumphal' Kabul sojourn, Faiz Hameed remains the hot favourite of both General Bajwa and Prime Minister Imran Khan, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing.

'The basic lesson is not to trust China'

'The basic lesson is not to trust China'

Rediff.com19 Jun 2023

'Three decades of intensive discussions, protocols and Confidence Building Measures were jettisoned one fine morning in 2020.' 'The primary lesson that has been learnt is that that there is no reliability about the Chinese.'

Delhi's iconic Ashok hotel to go under the hammer for Rs 7,409 crore

Delhi's iconic Ashok hotel to go under the hammer for Rs 7,409 crore

Rediff.com24 Nov 2022

The government has fixed an indicative value for Delhi's iconic 'The Ashok' hotel at Rs 7,409 crore under the national monetisation programme, according to sources. The Ashok and the adjacent hotel Samrat are among the eight India Tourism Development Corp assets listed under the National Monetisation Pipeline (NMP) announced by Finance Minister Nirmala Sitharaman last year. The sources said investor consultation has already been undertaken and a cabinet note for the sale of the sprawling 25-acre property in the heart of the national capital is under consideration.

On Pulwama attack anniversary, officials say terror ecosystem wiped out

On Pulwama attack anniversary, officials say terror ecosystem wiped out

Rediff.com14 Feb 2023

Kumar also said in the last three years, the Jaish-e-Mohammed has been "wiped out" in the Kashmir Valley. Only seven to eight terrorists are active now, he said.

Security forces foil infiltration bid near LoC in J-K, 2 terrorists killed

Security forces foil infiltration bid near LoC in J-K, 2 terrorists killed

Rediff.com25 Sep 2022

The infiltration bid was foiled by Army and Jammu and Kashmir Police early on Sunday morning.

After 15 months, RBI allows AmEx to acquire new credit card customers

After 15 months, RBI allows AmEx to acquire new credit card customers

Rediff.com25 Aug 2022

The Reserve Bank of India has on Wednesday lifted the ban on new customer acquisition by American Express which was imposed with effect from May 2021 due to non-compliance with local data storage norms. "In view of the satisfactory compliance demonstrated by American Express Banking Corp. with the Reserve Bank of India (RBI) circular dated April 6, 2018, on Storage of Payment System Data, the restrictions imposed, vide order dated April 23, 2021, on onboarding of new domestic customers have been lifted with immediate effect," RBI said. Similar bans were imposed on Diners Club International and Mastercard previously.

Future Retail insolvency process: 48 cos selected as eligible prospective bidders

Future Retail insolvency process: 48 cos selected as eligible prospective bidders

Rediff.com24 Apr 2023

As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani group, are in the final list of eligible prospective resolution applicants for acquiring debt-ridden Future Retail Ltd. The Resolution Professional of Future Retail Ltd (FRL), which is currently going through an insolvency resolution process, on Monday came out with the final list of 'Eligible Prospective Resolution Applicants'. On April 10, FRL's RP updated a list of 49 companies, which had submitted Expressions of Interest (EoIs) after the company's lenders decided to invite fresh bids after dividing its assets into clusters.

India Test Fires Made In India Anti-Tank Missile

India Test Fires Made In India Anti-Tank Missile

Rediff.com29 Jun 2022

On Tuesday, June 28, 2022, the Defence Research and Development Organisation and the Indian Army successfully test-fired the Made In India developed laser-guided Anti-Tank Guided Missile from the Main Battle Tank Arjun at the KK ranges in Maharashtra's Ahmednagar district.

Manipur violence: Soldiers fired on in Imphal; life improving elsewhere

Manipur violence: Soldiers fired on in Imphal; life improving elsewhere

Rediff.com10 May 2023

Life in the north-eastern state of Manipur continued to limp back to normal as curfew was relaxed in 11 districts, including Imphal West, Bishnupur, Churachandpur and Jiribam, for six hours from 5 am, as no fresh incident of violence was reported, officials said on Wednesday.

MHA announces 10% reservation in BSF jobs for ex-Agniveers

MHA announces 10% reservation in BSF jobs for ex-Agniveers

Rediff.com11 Mar 2023

In a fillip to the ambitious Agnipath scheme, the Union home ministry has announced 10 per cent reservation for former Agniveers in vacancies in the Border Security Force (BSF) with relaxations in the upper age limit.

Pak HC summons top officials over Imran Khan's arrest; reserves judgment

Pak HC summons top officials over Imran Khan's arrest; reserves judgment

Rediff.com9 May 2023

After hearing the case, the chief justice reserved the judgment without giving a date for its announcement.

The 1st IAF Lady Pilot To Win A Gallantry Medal

The 1st IAF Lady Pilot To Win A Gallantry Medal

Rediff.com12 Jul 2023

Helicopter Pilot Wing Commander Deepika Misra rescued 47 people in an operation that lasted 8 days in flood-ravaged Madhya Pradesh.

Pakistan Army's Imran Nightmare

Pakistan Army's Imran Nightmare

Rediff.com14 Nov 2022

There has always been a risk-taking edge to Imran Khan. Like him or hate him, it had to be someone like him to finally threaten to demolish the Pakistani establishment, explains Shekhar Gupta.

How Australia's A-League is trying to lure Cristiano Ronaldo

How Australia's A-League is trying to lure Cristiano Ronaldo

Rediff.com17 Nov 2022

Ronaldo's future at United is up in the air after he said he felt 'betrayed' by the Premier League club

Situation along LAC in Ladakh abnormal: Jaishankar after talks with China

Situation along LAC in Ladakh abnormal: Jaishankar after talks with China

Rediff.com5 May 2023

Jaishankar also said that there is a need to take the disengagement process forward.

Pak arrests Chinese national on blasphemy charges, airlifted to Abbottabad

Pak arrests Chinese national on blasphemy charges, airlifted to Abbottabad

Rediff.com17 Apr 2023

The SHO said that Section 7 of the Anti-Terrorism Act had been included in the FIR, adding that the Chinese national would be presented before a court in Abbottabad.

10% reservation for ex-Agniveers in CISF

10% reservation for ex-Agniveers in CISF

Rediff.com17 Mar 2023

Those who join the armed forces even at the upper age limit of 21 years under the Agnipath scheme can be recruited by the CISF till the age of 30 after four years of service in the Army, the Air Force or the Navy in the case of the first batch and till 28 years for the subsequent batches.

IndianOil top bidder for Reliance's KG gas for 2nd auction in a row

IndianOil top bidder for Reliance's KG gas for 2nd auction in a row

Rediff.com11 Jun 2023

Indian Oil Corporation (IOC), the nation's largest oil firm, has walked away with half of the natural gas that Reliance Industries Ltd and its partner bp of the UK offered in the latest auction of the fuel used to generate power, produce fertilizer, turned into CNG and used for cooking purposes. IOC got 2.5 million standard cubic meters per day out of the 5 mmscmd of gas auctioned last month, sources with knowledge of the matter said. The oil refining and marketing company, which was the top bidder even in the previous auction of gas from the eastern offshore KG-D6 block of Reliance-bp, bid the volumes on behalf of seven fertilizer plants.

Hinduja group chairman Srichand Parmanand Hinduja dies in London at 87

Hinduja group chairman Srichand Parmanand Hinduja dies in London at 87

Rediff.com17 May 2023

His business successes which started with the international distribution rights for the Bollywood blockbuster movie 'Sangam' in 1964 made him one of the richest in Britain but it was the Bofors scam that made Srichand Parmanand Hinduja famous, or rather infamous, back home. SP Hinduja, as he was known, died in London on Wednesday after a prolonged illness. He was 87, a family spokesperson said. Born in a business family in Karachi, British India, he and his two younger brothers were accused of receiving payments totalling Rs 64 crore in illegal commissions to help Swedish gunmaker AB Bofors secure an Indian government contract.

India Inc's capex wheel likely to turn soon

India Inc's capex wheel likely to turn soon

Rediff.com17 May 2023

India Inc could be embarking upon a new phase of capital expenditure (capex) cycle, observed analysts, and suggest its revival would lead to a rerating of industrial stocks. Assisted by a property upcycle, analysts at Jefferies said several government initiatives were likely to drive capex. Indicators, they said, include a private project announcement at Rs 25 trillion for 2022-23 (up 150 per cent from pre-pandemic levels) and credit growth at about 16 per cent, which is closer to pre-pandemic highs.

Automobile retail sales up 14% in March; post 21% YoY growth in FY23

Automobile retail sales up 14% in March; post 21% YoY growth in FY23

Rediff.com12 Apr 2023

Automotive retail sales saw a 14 per cent rise in March on a year-on-year (YoY) basis, according to data released by the Federation of Automobile Dealers Associations (FADA). For the whole of financial year 2022-23 (FY23), sales grew 21 per cent YoY. For both March and the financial year, all categories, except for tractors, and including two-wheelers, three-wheelers, passenger vehicles (PVs), and commercial vehicles (CVs), posted double-digit growth. However, the total retail sales of 22.1 million for the financial year were still 12 per cent lower than the pre-Covid (FY20) level of 25 million, owing to an 18 per cent dip in the two-wheeler segment.

Why infiltration bids have reduced in JK: Army officer explains

Why infiltration bids have reduced in JK: Army officer explains

Rediff.com28 Sep 2022

"There are floods. Large number of leaders try to portray militant groups in a good way. A number of militant groups have sent their elements to Balochistan and Sindh for helping people affected by floods," Lt Gen Singh said.

Pak HC upholds Imran Khan's arrest, says all legal formalities fulfilled

Pak HC upholds Imran Khan's arrest, says all legal formalities fulfilled

Rediff.com10 May 2023

The court issued its reserved ruling, upsetting the Pakistan Tehreek-e-Insaf (PTI), which claimed the arrest was illegal and that the IHC would rule in favour of party chief Imran Khan.

China, Not Pakistan, Is India's Enemy No 1

China, Not Pakistan, Is India's Enemy No 1

Rediff.com16 Jan 2023

16 Indian Army divisions face China, 20 face Pakistan and two divisions are reserves. This powerful signal can hardly be missed in China or Pakistan, notes Ajai Shukla.

India, China begin disengagement in Gogra-Hotsprings PP-15 in Ladakh

India, China begin disengagement in Gogra-Hotsprings PP-15 in Ladakh

Rediff.com8 Sep 2022

The development comes after after reaching a consensus in the 16th round of military talks, the two sides said in a joint statement this evening.

The Army Doctor Who Won Hearts In Turkey

The Army Doctor Who Won Hearts In Turkey

Rediff.com8 Mar 2023

Major Beena Tiwari was the only woman in the 99-member medical team at the Indian Army's field hospital in earthquake-hit Turkey.

HDFC's exit to ease fund-raising conditions for high-rated finance firms

HDFC's exit to ease fund-raising conditions for high-rated finance firms

Rediff.com27 Mar 2023

Highly-rated finance firms and housing finance companies are expected to benefit from the absence of Housing Development Finance Corp (HDFC) from the bond market once it merges with the HDFC Bank in early FY24. Post merger, the bond market is expected to become less crowded, which will ease fund raising conditions for other players in the field. It may perhaps also compress the spread for debt instruments floated by housing finance companies (HFCs) over 10-year government bonds, subject to demand and supply conditions.

Why the ISI chief was changed

Why the ISI chief was changed

Rediff.com8 Oct 2021

Lieutenant General Faiz Hameed, who has been replaced as ISI chief, will remain in the forefront of Pakistani initiatives in Afghanistan as also in the peace talks with the Tehrik e Taliban, Pakistan. He will also get a year plus to serve in a corps command, remaining in the race for selection as the next army chief when General Bajwa retires in November 2022, explains Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing.

You were not even born when...: Imran slams Pak army officer

You were not even born when...: Imran slams Pak army officer

Rediff.com14 May 2023

Khan took strong exception to the Inter-Services Public Relations (ISPR) allegations against him and said the spokesperson of the army's military wing was not even born when he represented Pakistan in the world.

JK: 3 soldiers die after falling into gorge along LoC

JK: 3 soldiers die after falling into gorge along LoC

Rediff.com11 Jan 2023

An Army official said the JCO and two other rank soldiers were on a routine patrol in Macchil sector when the trio slipped into the gorge on Tuesday.

'Adani Group is a man-made disaster in the making'

'Adani Group is a man-made disaster in the making'

Rediff.com27 Jan 2023

In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.

49 firms including RIL, Adani & Jindal Power keen to buy Future Retail

49 firms including RIL, Adani & Jindal Power keen to buy Future Retail

Rediff.com10 Apr 2023

As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process. Reliance Retail Ventures Ltd, which is the holding company for retail operations of RIL and April Moon Retail Private Ltd, a joint venture between Adani Airport holdings and Flemingo group have again submitted their EOI, after the lenders of Future Retail decided to invite fresh bids after dividing FRL's assets into clusters. According to an update from FRL's Resolution Professional, the 49 players would be permitted to submit "resolution plan(s) for any/all such Clusters under Option II".

'Housing sector seeing biggest boom in last 15 years'

'Housing sector seeing biggest boom in last 15 years'

Rediff.com21 Mar 2023

India's housing sector is witnessing probably the "biggest boom" in the last one and half decade driven by various factors such as affordability and customers aspiration to own homes, HDFC Capital Advisors Managing Director and CEO Vipul Roongta said on Tuesday. Addressing a real estate summit organised by FICCI, he noted that the residential real estate segment has revived strongly after going through a lot of pain due to new realty law RERA and demonetisation. "In the last one and half decade, I think this is probably the biggest boom I am personally seeing as an organisation on the residential segment, whether it is affordable mid-income and premium housing properties," said Roongta, who is also co-chairman, FICCI Real Estate Committee.

India-China border 'generally' stable: Chinese FM to Jaishankar

India-China border 'generally' stable: Chinese FM to Jaishankar

Rediff.com5 May 2023

Chinese Foreign Minister Qin Gang reiterated that the situation at the India-China border is generally stable and both sides should consolidate the present achievements and strictly abide by the relevant agreements while pushing for further cooling and easing of the conditions for sustainable peace and tranquillity at the frontier.

As demand for EV batteries picks up, makers eye lithium reserves

As demand for EV batteries picks up, makers eye lithium reserves

Rediff.com3 Jul 2023

The EV industry is at an inflection point and batteries will play a critical role ahead -- batteries and related components typically constitute 35-45 per cent of an EV's costs.

Shah was fully conversant with agenda on Art 370 abrogation: Ex-Lt Gen's book

Shah was fully conversant with agenda on Art 370 abrogation: Ex-Lt Gen's book

Rediff.com12 Feb 2023

Amit Shah's visit on June 26, 2019, was already touted to be a precursor for a dramatic announcement and "I got a call at 2 am in the morning, informing me of a meeting with the home minister at 7 am", Dhillon said in his book.

Explained: What happens on US state visit

Explained: What happens on US state visit

Rediff.com10 Jun 2023

Prime Minister Modi is visiting the US from June 21-24 at the invitation of US President Biden and First Lady Jill Biden.

14-day custody for Chinese national facing blasphemy charge in Pakistan

14-day custody for Chinese national facing blasphemy charge in Pakistan

Rediff.com18 Apr 2023

A Pakistani anti-terrorism court has sent a Chinese national to jail on 14-day judicial remand on blasphemy charges in the restive Khyber Pakhtunkhwa province after he was arrested on Monday, according to media reports on Tuesday.