News for 'financial difficulties'

India really matters more in this polarised world: Jaishankar

India really matters more in this polarised world: Jaishankar

Rediff.com25 Sep 2022

India has so many relationships, such an ability to communicate and find touch points with different countries and regions.

MoS Rathore's 8-year struggle to get Gurgaon flat from Parsvnath ends

MoS Rathore's 8-year struggle to get Gurgaon flat from Parsvnath ends

Rediff.com21 Oct 2016

The Supreme Court on Friday directed Parsvnath developers to hand over possession of a flat in its Gurgaon project to Minister of State for Information and Broadcasting Rajyavardhan Singh Rathore in two days.

Why RBI imposed curbs on HDFC Bank for service outages

Why RBI imposed curbs on HDFC Bank for service outages

Rediff.com4 Dec 2020

The need to maintain people's confidence in digital banking resulted in the action against HDFC Bank for service outages, RBI Governor Shaktikanta Das said on Friday and exhorted lenders to invest more on the technology front.

Lashkar, JuD get handsome financial aid from Pak: PM told Obama

Lashkar, JuD get handsome financial aid from Pak: PM told Obama

Rediff.com28 Sep 2013

After receiving the United States backing on the issue of terrorism emanating from Pakistan, Prime Minister Manmohan Singh will meet Nawaz Sharif in New York on Sunday when he is likely to ask him to rein in terror elements operating from their soil and unleashing violence in India.

Divestment's Tough Climate Call: The hurdle in govt's fund-raising path

Divestment's Tough Climate Call: The hurdle in govt's fund-raising path

Rediff.com4 Jan 2022

There is money to buy the central public sector enterprises, but buyers will need a firm assurance that the disvestment programme will keep environment issues front and centre of their corporate plans.

About 21% elders surveyed lost kin to Covid: Report

About 21% elders surveyed lost kin to Covid: Report

Rediff.com14 Jun 2021

About 20.8 per cent elders have lost either family members or friends due to COVID-19 and most of them believe that a better medical and health infrastructure could have saved these lives, according to a report that surveyed 3,526 elderly people in the country.

Guj poll: 'Bring back our family members from Pak jail and get votes'

Guj poll: 'Bring back our family members from Pak jail and get votes'

Rediff.com28 Nov 2022

The family members of the fishermen lodged in Pakistani jails say they would vote for those parties in the upcoming elections which assure to bring their relatives back from the neighbouring country.

China, Russia warn against US fiscal stimulus withdrawal

China, Russia warn against US fiscal stimulus withdrawal

Rediff.com5 Sep 2013

Echoing the position articulated by Prime Minister Manmohan Singh, China and Russia on Thursday warned that imminent withdrawal of fiscal stimulus by the US could have an adverse impact on the global economy and cautioned the Obama administration against it.

With SC's strict order, is it all over for Voda-Idea?

With SC's strict order, is it all over for Voda-Idea?

Rediff.com15 Feb 2020

Vodafone Idea's net worth (or shareholders' equity) was down 73 per cent year-on-year to around Rs 17,600 crore at the end of the December 2019 quarter after the company reported a net loss of around Rs 6,400 crore during the quarter. Cumulatively, the company has lost nearly Rs 45,000 crore in the last four quarters, eroding its net worth to its lowest level in three-year. Analysts said a such a low level of net worth, coupled with continuing losses in operations, ruled out the possibility of the company getting fresh loans from lenders to fund its adjusted gross revenue (AGR) dues of Rs 54,000 crore.

TCS to hire 40,000 freshers from campuses in FY22

TCS to hire 40,000 freshers from campuses in FY22

Rediff.com9 Jul 2021

Largest software exporter TCS will be hiring more than 40,000 freshers from campuses in the country in the financial year 2021-22 , a top executive said on Friday. The company, the largest employer in the private sector with a base of over 5 lakh employees, had hired 40,000 graduates from campuses last year and will do better on that number, its chief of global human resources Milind Lakkad told reporters in Mumbai. He said the COVID pandemic-related restrictions do not pose any difficulties in hiring and added that last year, a total of 3.60 lakh freshers had appeared for an entrance test virtually.

'Crypto not currency; needs to be regulated'

'Crypto not currency; needs to be regulated'

Rediff.com7 Sep 2021

Former RBI deputy governor R Gandhi on Tuesday made a case for treating and regulating crypto as a separate asset class with a view to enabling governments around the world to effectively deal with illegal activities associated with virtual currencies. After quite a lot of debate over the years, he said, people have fully understood that crypto cannot be a currency because the fundamental element of a currency- that it should be a legal tender- is missing in this case. He said that in this case, one cannot compel a crypto currency to be accepted by another person as it is not a legal tender.

Save or splurge? The dilemma millennials face

Save or splurge? The dilemma millennials face

Rediff.com22 Aug 2018

Many millennials believe that they have enough time to plan for long-term goals, hence they do not worry about goals such as retirement.

India's pharma cos hit by 'China-made disruptions'

India's pharma cos hit by 'China-made disruptions'

Rediff.com31 Mar 2022

With intermittent disruptions in the supply chain of raw materials from China, the Indian pharma industry has braced itself with bigger inventory. Even smaller drug makers are now carrying a month of buffer stock of key raw materials, said industry insiders. The lockdown in various Chinese provinces, including Shanghai, is likely to delay shipments by two weeks to a month, said domestic players. Shipments are critical for the Indian drug industry, which imports 70 per cent of its raw material from China.

More bad news for Amrapali's stalled projects

More bad news for Amrapali's stalled projects

Rediff.com16 Aug 2019

The expected time schedule for the completion of Amrapali projects is around four to five years considering volume of work as well as difficulties of the execution process.

Winsome Diamonds in death wheeze: Auditors

Winsome Diamonds in death wheeze: Auditors

Rediff.com7 Mar 2014

The auditors have discovered lack of confirmation of balances from 14 overseas buyers as claimed by Winsome Diamonds.

'I would have been the king of limited overs cricket'

'I would have been the king of limited overs cricket'

Rediff.com7 Apr 2023

'I am not envious of those who are making millions. It's their era and I had my era.'

From polishing shoes to winning Indian Idol 11

From polishing shoes to winning Indian Idol 11

Rediff.com26 Feb 2020

'I was like a scattered necklace; Indian Idol put the pieces together.'

All political parties are in favour of freebies: SC

All political parties are in favour of freebies: SC

Rediff.com23 Aug 2022

The bench said it has to balance the equity and it was not against any policy of the government or the scheme.

A Serendipitous Civil Service Career

A Serendipitous Civil Service Career

Rediff.com22 Dec 2022

Every twist and turn in KMC's civil service career is attributed to serendipity, an aptitude for making desirable discoveries by accident. He plays down his capabilities, which took him to the top of the civil service as the Cabinet Secretary or his misfortune in losing a daughter in her prime and suggests that his career was indeed serendipitous, observes Ambassador T P Sreenivasan.

SpiceJet loses second senior executive in a row

SpiceJet loses second senior executive in a row

Rediff.com5 Mar 2014

Things don't seem to be good at low fare carrier SpiceJet's office. In past few months, its top rung officers have resigned over differences in opinion with the management.

There was enough time to put together plan for Yes Bank, says Rajan

There was enough time to put together plan for Yes Bank, says Rajan

Rediff.com11 Mar 2020

To a question related to RBI's policy rate, Rajan said no amount of interest rate cut is going to help if credit growth is weak.

Fresh insolvency proceedings may be suspended till March

Fresh insolvency proceedings may be suspended till March

Rediff.com22 Dec 2020

Finance Minister Nirmala Sitharaman on Monday said the government is planning to extend the suspension of fresh insolvency proceedings for another three months, a move which will provide major relief to corporate borrowers hit by the coronavirus pandemic. Addressing the Bangalore Chamber Of Industry And Commerce (BCIC), she said the government has taken several measures, including deferment of tax payment date, to help businesses and people.

Getting compensation for tech glitches could be a tough task for investors

Getting compensation for tech glitches could be a tough task for investors

Rediff.com4 Mar 2021

Lawyers say compensation may be an uphill task for investors because of a lack of judicial precedent and broader institutional difficulties.

Afghan protestors outside UNHCR office can be Covid super spreaders: HC

Afghan protestors outside UNHCR office can be Covid super spreaders: HC

Rediff.com1 Sep 2021

The Delhi high court on Wednesday expressed concern over a large gathering of Afghan nationals protesting outside the UNHCR office and seeking refugee status, saying it could act as a super spreader of coronavirus as there is lack of adherence to Covid-19 appropriate norms.

Imran meets Xi; secures USD 6 bn Chinese package

Imran meets Xi; secures USD 6 bn Chinese package

Rediff.com2 Nov 2018

Khan's visit evoked considerable interest in Beijing as it comes in the wake of his past criticism of the USD 50 billion China-Pakistan Economic Corridor projects and remarks by his ministers to cut down some of the projects over debt concern.

Depositors queue up as Yes Bank's ATMs shut down

Depositors queue up as Yes Bank's ATMs shut down

Rediff.com6 Mar 2020

Harried Yes Bank depositors rushed to ATMs to withdraw cash but faced multitude of problems including closed down machines and long queues, after the RBI placed the bank under a moratorium, capping maximum withdrawals at Rs 50,000 per account for a month. Aggravating the problems of depositors were difficulties accessing the internet banking channel, which ensured that they can't transfer the funds online as well.

Insurance cover for bank deposits hiked to Rs 5 lakh

Insurance cover for bank deposits hiked to Rs 5 lakh

Rediff.com1 Feb 2020

The decision assumes significance in the wake of a scam in the PMC Bank affecting lakhs of customers who are facing difficulties in withdrawing their money due to restrictions imposed by the Reserve Bank of India.

Air India's cup of woes spilleth over

Air India's cup of woes spilleth over

Rediff.com5 May 2015

Air India stares at an operational loss of Rs 2,171 crore in 2014-15.

'Indrani was very angry'

'Indrani was very angry'

Rediff.com30 Nov 2022

'At any point did you find out why Sheena had not disclosed her true relationship with Indrani?' Rahul: 'Sheena had told me as her grandparents were dependent on Indrani financially (and if she told the truth) her grandparents would suffer.' 'She had slapped Sheena the night before which she was very not happy about.'

'A Lot Of Demand For Niche Talent'

'A Lot Of Demand For Niche Talent'

Rediff.com11 Aug 2022

'Generic skills are in abundance, but technological advancements have left staple skills redundant.' 'It is why employers are now looking for alternate sources of hiring -- deploying gig workers, looking at Tier 2 and Tier 3 cities for relevant talent.'

Full text: President's address to the nation on the eve of Republic Day 2023

Full text: President's address to the nation on the eve of Republic Day 2023

Rediff.com25 Jan 2023

Here's the full text of address to the nation by President Droupadi Murmu on the eve of the Republic Day 2023.

FIFA working on ways to deal with Coronavirus fallout

FIFA working on ways to deal with Coronavirus fallout

Rediff.com31 Mar 2020

A spokesperson for FIFA told Reuters that they were aware that there were "serious financial problems on account of the coronavirus outbreak."

COVID-19: Celtic named as Scottish champions

COVID-19: Celtic named as Scottish champions

Rediff.com18 May 2020

The league statement added that final season placings were decided on a points-per-game basis in matches played to March 13.

HC tells Delhi govt, police to reduce Afghan refugees at protest site

HC tells Delhi govt, police to reduce Afghan refugees at protest site

Rediff.com3 Sep 2021

The Delhi high court on Friday directed the Delhi government and the police to ensure that the number of Afghan nationals, protesting outside the UNHCR office in New Delhi and seeking refugee status, is suitably reduced and they strictly follow Covid-19 appropriate protocol.

Air India may be unable to sustain operations

Air India may be unable to sustain operations

Rediff.com18 Dec 2019

Air India is seeking government approval to raise a Rs 2,000 crore loan and refinance $819 million aircraft debt, which would help tide over the financial crisis.

Bankruptcy Code giving sleepless nights to many directors

Bankruptcy Code giving sleepless nights to many directors

Rediff.com30 Oct 2017

Even though the powers of the board of directors stand suspended once a company's insolvency process begins, it does not absolve the directors from actions taken up to two years earlier.

El Salvador's crypto foray offers a cautionary tale for other countries

El Salvador's crypto foray offers a cautionary tale for other countries

Rediff.com6 Oct 2021

The tiny Central American nation of El Salvador has embarked on an interesting experiment by recognising bitcoin as legal tender. This is proving painful for many of its citizens but it's a useful "pilot" project for larger economies that are contemplating the peculiarities of this new asset class. El Salvador has a population of 6.5 million and GDP of about $27 billion.

SEE: The Dancing duo making India proud

SEE: The Dancing duo making India proud

Rediff.com6 Oct 2020

Sonali Majumdar and Maraju Sumanth have won countless hearts with their action-packed, impressive acts and their touching, heart-warming story of perseverance and grit.

Modi's fight against black money gets a fillip

Modi's fight against black money gets a fillip

Rediff.com9 Oct 2020

India has got the second set of Swiss bank account details of its nationals and entities under the automatic exchange of information pact with Switzerland, marking a key milestone in the government's fight against black money allegedly stashed abroad.

Will US Stall Russian Arms Sales To India?

Will US Stall Russian Arms Sales To India?

Rediff.com5 Mar 2022

New Delhi is vulnerable to US sanctions under a 2017 law called CAATSA.