News for 'enterprise governance'

2023's Must Watch Web Series

2023's Must Watch Web Series

Rediff.com28 Dec 2023

Deepa Gahlot picks 10 Web series that was worth the viewer's while.

Modi flags challenges in the fast growing cross-border e-com

Modi flags challenges in the fast growing cross-border e-com

Rediff.com24 Aug 2023

Prime Minister Narendra Modi on Thursday suggested the G20 trade ministers to work collectively to ensure equitable competition between large and small sellers as there are challenges in the fast growing cross-border e-commerce. In a video message at the G20 Trade and Investment Minister's meeting here, he also emphasised on the need to address the problems faced by consumers in fair price discovery and grievance handling mechanisms. "Digitising processes and use of e-commerce have the potential to enhance market access. "I am glad that your group is working on the 'High Level Principles for the Digitalization of Trade Documents'. These principles can help countries in implementing cross-border electronic trade measures, and reduce compliance burdens.

Can Jeetega Bharat Campaign Win 2024?

Can Jeetega Bharat Campaign Win 2024?

Rediff.com4 Dec 2023

Jeetega Bharat has selected 125 Lok Sabha seats across the country where it will assist the Opposition alliance.

The Family That Makes Ganeshas

The Family That Makes Ganeshas

Rediff.com19 Sep 2023

'We are called artists, just like the film people and dancers and actors. But there's a very little value to what we do as artists.'

With love from govt: Synchronised tax surveys on BBC's Delhi, Mumbai offices

With love from govt: Synchronised tax surveys on BBC's Delhi, Mumbai offices

Rediff.com14 Feb 2023

The surprise action comes weeks after the broadcaster aired a two-part documentary on the 2002 Gujarat riots and India.

Scam 2003: The Telgi Story Review: Yet Another Winner

Scam 2003: The Telgi Story Review: Yet Another Winner

Rediff.com1 Sep 2023

The series is held together by a superbly astute performance by Gagan Dev Riar, who moves from cheerful conman to menacing criminal with remarkable skill, observes Deepa Gahlot.

Tomato Is Not The Villain Of Price Rise!

Tomato Is Not The Villain Of Price Rise!

Rediff.com21 Jul 2023

How is it that tomatoes recorded a price fall in official statistics when it remained unaffordable for the common person in June?

Adani Group touts 'very healthy' balance sheet to calm investors

Adani Group touts 'very healthy' balance sheet to calm investors

Rediff.com15 Feb 2023

Billionaire Gautam Adani's embattled conglomerate said its balance sheet is "very healthy" and is laser focused on continuing business momentum, as it looked to reassure investors to keep faith in the conglomerate despite a share rout triggered by a damning report by a US short-seller. Group CFO Jugeshinder (Robbie) Singh in an earnings call said the group is confident of its internal controls, compliance and corporate governance. Separately, it released a compendium of group companies to highlight that it has adequate cash reserves and has ability to refinance debt.

Joint resolution of 26 Opposition parties says...

Joint resolution of 26 Opposition parties says...

Rediff.com18 Jul 2023

The opposition alliance that will take on the ruling National Democratic Alliance in the 2024 Lok Sabha elections will be called Indian National Developmental Inclusive Alliance (INDIA) and an 11-member committee will be set up for coordination, Congress president Mallikarjun Kharge announced after a meeting of the parties in Bengaluru.

Govt likely to tweak SEZ rules for better land use

Govt likely to tweak SEZ rules for better land use

Rediff.com4 May 2023

With the fate of the Development Enterprise and Services Hub (DESH) Bill in limbo, the commerce department is working towards tweaking some rules under the existing special economic zone (SEZ) law to allow use of unutilised spaces in IT/ITES for non-SEZ purposes. The move, when implemented, will free-up the land area that is not in demand through partial de-notification of certain floors or buildings, thereby allowing easier exit. "The department of commerce is discussing the matter with the revenue department before making changes in the Special Economic Zone Act, 2005," a person aware of the matter

Faces of enterprise: Ratan Tata

Faces of enterprise: Ratan Tata

Rediff.com2 Jan 2008

A shy man, he rarely features in the society glossies, drives himself to work in a Tata car and has lived for years in a book-crammed, dog-filled bachelor flat in Mumbai's Colaba district.

Pvt hospitals must make their own security arrangement, can't burden govt: SC

Pvt hospitals must make their own security arrangement, can't burden govt: SC

Rediff.com5 Sep 2022

The apex court was hearing a petition seeking directions to the authorities to ensure adequate security at hospitals and medical centres to prevent attacks on doctors and healthcare workers by relatives of patients and others.

'Biden has thrown out the rule book for India'

'Biden has thrown out the rule book for India'

Rediff.com29 Sep 2023

'In the long run, I don't foresee major ramifications [about Trudeau's allegations].' 'There's just enough hypocrisy among Western nations for India to douse the outrage.'

Is India Distancing Itself From Israel?

Is India Distancing Itself From Israel?

Rediff.com27 Dec 2023

India's voting pattern in the United Nations with regard to the Israel-Palestine conflict is lately marked by a calibrated distancing from Israel, observes Ambassador M K Bhadrakumar.

SC rejects Kerala's plea against leasing Thiruvananthapuram airport to Adani

SC rejects Kerala's plea against leasing Thiruvananthapuram airport to Adani

Rediff.com17 Oct 2022

The Supreme Court on Monday dismissed a petition filed by the Kerala government against the state high court verdict rejecting the pleas challenging the Centre's decision to lease out Thiruvananthapuram International Airport to Adani Enterprises Ltd.

Xi Jinping names his close aide Li Qiang as China's new Premier

Xi Jinping names his close aide Li Qiang as China's new Premier

Rediff.com11 Mar 2023

The annual session of the National People's Congress, a ceremonial body that routinely passes the proposals of the ruling Communist Party of China, approved Li Qiang's candidature after his name was proposed by Xi himself.

Congress accuses PM of 'saving his friend' Adani

Congress accuses PM of 'saving his friend' Adani

Rediff.com3 Feb 2023

The Congress-led opposition stepped up its attack on Friday against the government over the Adani row and demanded that there should be a thorough investigation into what they alleged was a 'mega scam' as it involved public money.

PM post for 2024 is not vacant: Giriraj Singh

PM post for 2024 is not vacant: Giriraj Singh

Rediff.com13 Apr 2023

Asserting that the prime minister's job will remain with BJP leader Narendra Modi even after the general elections slated for next year, Singh claimed the country is scaling new heights under PM Modi's leadership.

'The agenda is 'insurance for all by 2047''

'The agenda is 'insurance for all by 2047''

Rediff.com31 Dec 2023

'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'

Reinventing Capitalism For The Digital Age

Reinventing Capitalism For The Digital Age

Rediff.com16 Jun 2023

US Congressman Ro Khanna's message is that instead of depending on the 'hidden hand' of capitalism -- that is to say, the power of markets -- it is time for policymakers to play a more active role in making sure that a wide range of towns become locations for digital economy enterprises and jobs, points out Ajit Balakrishnan.

Household savings report: There is no distress, says finance ministry

Household savings report: There is no distress, says finance ministry

Rediff.com22 Sep 2023

The finance ministry on Thursday sought to clarify that there was no distress in household savings and the data indicated that changing consumer preference for different financial products was the real reason for the change in the pattern of household savings. The clarification comes in the backdrop of Reserve Bank of India data showing that household net financial savings rate is at its lowest in decades, at 5.1 per cent of GDP in FY23 compared to 7.2 per cent of GDP in FY22. The divergence in the data for household gross financial assets and liabilities is not a cause for concern for the government, as the loans have largely been taken to buy real assets or automobiles, the finance ministry said.

Capital expenditure by 54 large CPSEs, key depts rose 93% in April-May

Capital expenditure by 54 large CPSEs, key depts rose 93% in April-May

Rediff.com12 Jun 2023

Capital expenditure by 54 large central public sector enterprises and five departmental arms, having a capex minimum target of Rs 100 crore, rose 93 per cent year-on-year (YoY) in the April-May period to Rs 1.39 trillion. The National Highways Authority of India (NHAI) and the Railways have started this financial year's capex cycle on a stronger note. In the first two months of FY24, the 54 CPSEs, along with the departmental arms, achieved 19 per cent of their combined budget target of Rs 7.33 trillion, Business Standard has learnt.

Maximum tenure of PSU banks' CEO raised to 10 years

Maximum tenure of PSU banks' CEO raised to 10 years

Rediff.com18 Nov 2022

The maximum tenure of CEO and MD of public sector banks has been increased to 10 years, a move that will help the government retain the best talent in the banking sector. As per a government notification dated November 17, 2022, the term for the appointment has been extended to 10 years, from the earlier 5 years, subject to superannuation age of 60 years. Earlier, the MD or executive director of a public sector undertaking (PSU) bank was eligible for a maximum tenure of 5 years or 60 years whichever was earlier.

Air India sale to boost privatisation: Survey

Air India sale to boost privatisation: Survey

Rediff.com31 Jan 2022

Air India sale will give a boost to India's privatisation drive, the Economic Survey said on Monday, as it suggested redefining the public sector role in business enterprises to encourage private participation in all sectors. The government earlier this month handed over ownership rights in national carrier Air India to Tata Group for Rs 18,000 crore. The amount includes the takeover of the debt burden of Rs 15,300 crore and another Rs 2,700 crore in cash.

Adani's Rs 20,000 Crore FPO Is Not A Record

Adani's Rs 20,000 Crore FPO Is Not A Record

Rediff.com5 Dec 2022

Adani Enterprises' proposed Rs 20,000 crore (Rs 200 billion) fundraising via fresh issue of equity shares through a public offer would be the fourth biggest by Indian companies, excluding banks and non-banking financial companies.

On camera, armed men rob car at gunpoint inside Delhi tunnel

On camera, armed men rob car at gunpoint inside Delhi tunnel

Rediff.com26 Jun 2023

The incident took place on Saturday inside the Pragati Maidan tunnel when the victims were going towards Gurugram in a cab to deliver the money.

'Minimum government, maximum governance' in public sector banks

'Minimum government, maximum governance' in public sector banks

Rediff.com27 Aug 2014

The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.

Unsung Kerala colleges bask in glory of Chandrayan-3 heroes

Unsung Kerala colleges bask in glory of Chandrayan-3 heroes

Rediff.com25 Aug 2023

While the historic success of Chandrayaan-3 is celebrated by Indians across the world, two untrumpeted engineering colleges in Kerala are basking in the glory of the key role played by some of their alumni in the crucial Moon mission.

Let's Hope India Gets Lucky With Growth

Let's Hope India Gets Lucky With Growth

Rediff.com2 Jun 2023

After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.

Centre starts process of eviction, sale of enemy properties worth Rs 1 lakh cr

Centre starts process of eviction, sale of enemy properties worth Rs 1 lakh cr

Rediff.com19 Mar 2023

There are a total of 12,611 establishments called enemy property, roughly estimated to be worth over Rs 1 lakh crore, in the country.

Favourable winds blowing for Cement sector, demand remains strong

Favourable winds blowing for Cement sector, demand remains strong

Rediff.com18 Jun 2023

Cement companies witnessed speculative support from investors through FY23 amid hopes of a rebound. After capex announcements in the FY24 Budget, there was further interest due to expectations that government expenditure would boost earnings, besides a generic macro-recovery. Cement earnings were under pressure in FY22 and FY23 due to high raw material and fuel costs; muted demand prevented them passing on the higher cost.

Why Bankers Love 'Casa'

Why Bankers Love 'Casa'

Rediff.com13 Nov 2023

Every banker loves the four-letter word Casa as it plays an important role in lowering the cost of deposits. Every bank wants to increase its Casa, as a higher portion of Casa in the overall deposit liability brings down its cost of money, points out Tamal Bandyopadhyay.

Govt seeks to improve disclosures by PSUs, asks for monthly data on capex

Govt seeks to improve disclosures by PSUs, asks for monthly data on capex

Rediff.com12 Sep 2022

The Centre is looking to improve disclosures made by public sector undertakings (PSUs), and has asked such companies to share monthly progress made on capital expenditure targets and corporate social responsibility (CSR) initiatives undertaken by them. New details such as gender-wise reporting of contractual workers, unused land, and profit share in joint venture companies have also been added in the list of disclosures. The Department of Public Enterprises (DPE), which publishes the Public Enterprises Survey and collects information for Memorandums of Understanding (MoUs) signed with PSUs, is looking to integrate data collected from government-owned companies.

Despite a mixed 1st quarter, cement sector's FY24 outlook looks concrete

Despite a mixed 1st quarter, cement sector's FY24 outlook looks concrete

Rediff.com1 Sep 2023

Cement companies posted mixed figures for the first quarter of the 2023-24 financial year (Q1FY24). Volume growth was robust at 17 per cent year-on-year (Y-o-Y) - on an aggregate basis - for 15 cement companies, with revenue growth at 15 per cent. Aggregate earnings before interest, taxes, depreciation, and amortisation (Ebitda) were up 8.8 per cent Y-o-Y and 1.2 per cent quarter-on-quarter (Q-o-Q).

'This government is playing a very, very, dangerous game'

'This government is playing a very, very, dangerous game'

Rediff.com16 Oct 2019

'Igniting in this country, a false feeding of nationalism combined with religion.' 'They are promoting the religion of the majority people in the country to feed their political agenda.'

Google investing $10 billion in India's digitisation fund: Pichai tells PM Modi

Google investing $10 billion in India's digitisation fund: Pichai tells PM Modi

Rediff.com24 Jun 2023

Internet giant Google is investing $10 billion in India's digitisation fund, its CEO Sundar Pichai has told Prime Minister Narendra Modi, a step that will recognise India's leadership on fintech and will support small and large businesses in India, the US and around the world. Pichai met Prime Minister Modi in Washington on Friday and also announced the opening of Google's global fintech operation centre in the Gujarat International Finance Tec-City (GIFT) in Gandhinagar. "It was an honour to meet Prime Minister Modi during the historic visit to the US. We shared with the Prime Minister that Google is investing $10 billion in India's digitisation fund," Pichai said.

'Trapped workers played cricket'

'Trapped workers played cricket'

Rediff.com1 Dec 2023

'I decided to send a bat and a ball which was smaller in size so that it shouldn't get stuck in the pipe. And with that, they had a little good time.'

Negligence Of Cybersecurity May Spoil The Party

Negligence Of Cybersecurity May Spoil The Party

Rediff.com28 Feb 2023

'As long as businesses do not consider cyber recovery an integral part of their enterprise IT, they remain greatly vulnerable.'

FPO withdrawn due to market volatility, says Gautam Adani

FPO withdrawn due to market volatility, says Gautam Adani

Rediff.com2 Feb 2023

Billionaire Gautam Adani has said the decision to withdraw a fully subscribed share sale of the flagship firm of his group was primarily because of volatility in the market. Adani Group company stocks have lost over $90 billion in value since a US short seller made damning allegations. Adani Enterprises Ltd's Rs 20,000 crore follow-on public offer managed to get investors on the last day of the share close on Tuesday.