News for 'financial dispute'

SC refuses to stay Krishna Janambhoomi-idgah suits in Allahabad HC

SC refuses to stay Krishna Janambhoomi-idgah suits in Allahabad HC

Rediff.com10 Nov 2023

The Supreme Court on Friday refused to stay the proceedings before the Allahabad high court on suits related to the Sri Krishna Janambhoomi-Shahi Idgah dispute, saying it will not be fair to interfere with the high court order without hearing both the sides.

SC rejects plea against Sanjay Dutt's bail

SC rejects plea against Sanjay Dutt's bail

Rediff.com4 Jul 2011

The Supreme Court on Monday dismissed Bollywood film producer Shakeel Noorani's plea seeking cancellation of actor Sanjay Dutt's bail in the 1993 Mumbai serial blast case.

Zomato, McDonald's fined Rs 1 lakh for delivering non-veg in place of veg

Zomato, McDonald's fined Rs 1 lakh for delivering non-veg in place of veg

Rediff.com13 Oct 2023

The company is in the process of filing an appeal against the order, Zomato said in a regulatory filing.

Jet Air's ownership to be transferred to Jalan Kalrock

Jet Air's ownership to be transferred to Jalan Kalrock

Rediff.com12 Mar 2024

Insolvency appellate tribunal NCLAT on Tuesday upheld the resolution plan of grounded carrier Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium. The NCLAT bench has directed the Jet Airways monitoring committee to complete the transfer of ownership within 90 days. Besides, it has also directed the lenders of Jet Airways to adjust the Rs 150 crore paid by the consortium as performance bank guarantee.

2 sisters shot dead in Delhi, killing triggers political row

2 sisters shot dead in Delhi, killing triggers political row

Rediff.com18 Jun 2023

Gunmen allegedly shot dead two women in southwest Delhi's RK Puram in the early hours of Sunday over a suspected financial dispute with their brother, police said.

2021: How to organise your financial documents

2021: How to organise your financial documents

Rediff.com5 Jan 2021

The trick is to know how long you are supposed to hold which document, observes Bindisha Sarang.

'Balanced advantage funds are good option'

'Balanced advantage funds are good option'

Rediff.com30 Jan 2024

'.. if you do not want to take the asset allocation call.'' 'This category of funds can offer optimum risk-adjusted returns.'

Maha's Yavatmal sees 5 farmer suicides in 3 days over suspected crop loss

Maha's Yavatmal sees 5 farmer suicides in 3 days over suspected crop loss

Rediff.com19 Aug 2023

A local official confirmed the incidents but said the causes of these suicides were yet to be ascertained.

Byju Raveendran talks 'struggles', not layoffs

Byju Raveendran talks 'struggles', not layoffs

Rediff.com30 Jun 2023

After assuring shareholders that Byju's is on a strong footing, Chief Executive Officer Byju Raveendran, after much delay, spoke to employees in a townhall session. In his first-ever address to employees since problems began at Byju's, Raveendran spoke about the resignation of auditors and board members, the Term Loan B dispute, and the future of educational technology (edtech). Raveendran also asked his team to 'rise above the noise' and work with resilience and determination.

Free ration, healthcare: What BJP's manifesto promises

Free ration, healthcare: What BJP's manifesto promises

Rediff.com14 Apr 2024

Here are the key highlights of the BJP's 'Sankalp Patra' for the 2024 parliamentary polls.

Indrani Mukerjea refuses to wear convict's uniform, moves court

Indrani Mukerjea refuses to wear convict's uniform, moves court

Rediff.com23 Dec 2020

In her application, Mukerjea said that jail authorities were asking her to wear the convict's uniform even though she is an under-trial accused. The next date of hearing on her application is January 5.

Husband has no control over wife's 'stridhan': SC

Husband has no control over wife's 'stridhan': SC

Rediff.com25 Apr 2024

A husband has no control over his wife's 'stridhan' (woman's property) and while he may use it during the time of his distress, he has a moral obligation to return it to his wife, the Supreme Court has reiterated while directing a man to pay Rs 25 lakh to a woman in return for her lost gold.

Key investors may drag Byju's to NCLT

Key investors may drag Byju's to NCLT

Rediff.com21 Feb 2024

A consortium of shareholders with over 30 per cent stake in cash-strapped Byju's might approach the National Company Law Tribunal (NCLT) seeking a management change, if the extraordinary general meeting (EGM) scheduled for Friday failed to yield an 'amicable settlement' or faced further delays, sources said. Earlier this month, these shareholders had issued a notice calling for an EGM to address "persistent issues", including a change in management. They will vote for a revamp of the existing board, an exercise which would include asking Byju Raveendran to step down as chief executive officer (CEO) and relinquish his operational role, according to sources.

UCC Can Wait, Personal Law Reforms Can't

UCC Can Wait, Personal Law Reforms Can't

Rediff.com8 Aug 2024

Crucial reforms in Muslim personal law, especially laws related to inheritance and adoption, need to be initiated forthwith; historically speaking, without the State's backing, hardly has any reform taken place or allowed to prevail, asserts Mohammad Sajjad.

Will Or Gift Deed? What's Better To Transfer Assets To Next Generation?

Will Or Gift Deed? What's Better To Transfer Assets To Next Generation?

Rediff.com22 Dec 2023

'Planning for the transfer of assets to the next generation is an important aspect of financial and estate planning.'

Are you paying property tax? If not, read this now

Are you paying property tax? If not, read this now

Rediff.com11 Mar 2024

Municipal corporations penalise late property tax payments. 'Penalties can include attachment of properties, bank accounts, rent and other movable assets," says Anand Moorthy, co-founder, Square Yards.

Raveendran puts Rs 4K cr own wealth into Byju's

Raveendran puts Rs 4K cr own wealth into Byju's

Rediff.com6 Dec 2023

Byju Raveendran, founder of educational technology (edtech) firm Byju's, has injected around Rs 4,000 crore of personal capital into the company in recent months. This move comes as the company grapples with challenges, including securing fresh capital, delays in financial reporting, and legal disputes with lenders. "Raveendran has pledged personal property to assist the company in dealing with the crisis. "He conveyed to employees that despite perceptions of being a billionaire, he has reinvested a major portion of his wealth back into the company," said a person familiar with the matter.

NRIs, Are You Aware Of Indian Tax Rules?

NRIs, Are You Aware Of Indian Tax Rules?

Rediff.com12 Mar 2024

Understanding tax residency rules and maintaining proper documentation is imperative to ensure smooth tax compliance.

Sensex ends 107 points lower in choppy trade

Sensex ends 107 points lower in choppy trade

Rediff.com1 Feb 2024

Among the Sensex firms, Larsen & Toubro, UltraTech Cement, JSW Steel, Titan, Bajaj Finance, Wipro, Tech Mahindra and Nestle were the major laggards. Maruti, Power Grid, Axis Bank, State Bank of India, NTPC, HDFC Bank, ITC and IndusInd Bank were the gainers.

Google begins reinstating Indian apps after govt intervention

Google begins reinstating Indian apps after govt intervention

Rediff.com6 Mar 2024

Google on Tuesday began reinstating about 250 Indian apps it had delisted from its Play Store over a billing dispute as it caved in to government criticism, but the squabble may not yet be over.

Poll code first imposed in Kerala in1960, here is its history

Poll code first imposed in Kerala in1960, here is its history

Rediff.com15 Mar 2024

According to the Election Commission of India, the code has evolved over the last 60 years to assume its present form.

Of LTA, Gift And Crypto Tax

Of LTA, Gift And Crypto Tax

Rediff.com16 Jan 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

SC stays arbitral proceedings between Dhoni and Amrapali group

SC stays arbitral proceedings between Dhoni and Amrapali group

Rediff.com25 Jul 2022

The apex court-appointed forensic auditors had told the bench that Amrapali Group had entered into "sham agreements" with Rhiti Sports Management Pvt Ltd (RSMPL) which promotes the brand of Dhoni, to "illegally divert" home buyers' money and a total amount of Rs 42.22 crore was paid to RSMPL during 2009-2015. Dhoni had moved to the Delhi high court which, on October 16, 2019, had appointed its former judge Veena Birbal as sole arbitrator to arbitrate the commercial dispute between the cricketer and the real estate firm.

Getting Married? Plan Finances First!

Getting Married? Plan Finances First!

Rediff.com23 Oct 2023

For women, it is important to build an emergency fund and a financial independence fund independent of the couple's joint goals and plans.

Making a will? Minimise disputes when distributing wealth unevenly

Making a will? Minimise disputes when distributing wealth unevenly

Rediff.com26 Sep 2016

Explain reasons for uneven bequest in the will and make small changes to it regularly to show that your intention remains unchanged.

Byju's EGM gets underway; investors file suit in NCLT

Byju's EGM gets underway; investors file suit in NCLT

Rediff.com23 Feb 2024

An Extraordinary General Meeting (EGM) of Byju's shareholders got underway on Friday to vote on a resolution brought by some investors to ouster founder CEO Byju Raveendran and his family over alleged "mismanagement and failures". Raveendran and his family stayed away from the EGM, calling it "procedurally invalid."

India and US settle 100 tax disputes

India and US settle 100 tax disputes

Rediff.com29 Jan 2016

The development is expected to pave way for greater transfer pricing cooperation between the two countries, enhance investment flow

ICC hopes India-West Indies settle dispute amicably

ICC hopes India-West Indies settle dispute amicably

Rediff.com22 Oct 2014

The International Cricket Council (ICC) has expressed its concern about the dispute between the Indian and West Indian cricket boards but says it is powerless to intervene.

IDBI Bank files insolvency plea against Zee

IDBI Bank files insolvency plea against Zee

Rediff.com15 Dec 2022

IDBI Bank has moved the National Company Law Tribunal (NCLT) against Zee Entertainment Enterprises Ltd (ZEEL) seeking an insolvency proceeding against the media firm to recover dues of Rs 149.60 crore. IDBI Bank has claimed an amount of Rs 149.60 crore, which has been disputed by ZEEL, said a regulatory update from the media major. IDBI Bank has filed an application under section 7 of the Insolvency and Bankruptcy Code, 2016, claiming to be a financial creditor, before NCLT for initiation of Corporate Insolvency Resolution Process against the company, it added.

Digital Loan Apps: Boon Or Bane?

Digital Loan Apps: Boon Or Bane?

Rediff.com18 Jan 2024

For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.

Loss At Byju's May Only Be Tip Of Iceberg

Loss At Byju's May Only Be Tip Of Iceberg

Rediff.com18 Nov 2023

'Byju's financials only reflect the core business. At a group level, they are experiencing substantial losses.'

Byju's pays Jan salaries; Raveendran says moving mountains to make payroll

Byju's pays Jan salaries; Raveendran says moving mountains to make payroll

Rediff.com5 Feb 2024

Byju Raveendran, the founder and chief executive officer of the beleaguered edtech firm Byju's, said the company credited all pending January salaries to employees over the past few days. This was communicated to the employees in another letter sent on February 4. Byju's has about 15,000 employees. "I know you were told that you would get your salaries by Monday.

Australian govt may intervene in CA-ACA dispute

Australian govt may intervene in CA-ACA dispute

Rediff.com28 May 2017

'If it got to a last-minute situation, I suspect that we would offer to provide good officers brokering between the parties, but there's six months between now and the Ashes'

Taxtortion Is Here To Stay!

Taxtortion Is Here To Stay!

Rediff.com31 Jan 2024

If you think that revenue officials are going berserk, acting on their own, while the government chants the mantra of 'ease of doing business', you would be wrong. These moves appear to have full official backing, points out Debashis Basu.

What Does Ranjan Pai's Re-Entry Mean For Byju's?

What Does Ranjan Pai's Re-Entry Mean For Byju's?

Rediff.com1 Dec 2023

'Considering Pai is putting his own personal money in Byju's, stakeholders in the company can look forward to more governance and transparency.'

CA offer players new deal in bid to end pay dispute

CA offer players new deal in bid to end pay dispute

Rediff.com23 Jun 2017

Australia's top cricketers face being locked out unless a new memorandum of understanding is struck between CA and the Australian Cricketers' Association (ACA) before the end of the month.

Divorce And The Business World

Divorce And The Business World

Rediff.com6 Jan 2024

'Being financially independent is crucial.' 'This spares women a lot of grief if the marriage, especially in large business families, breaks down.'

More than 2,800 jobs to be axed as Tata Steel plans to close Port Talbot furnances

More than 2,800 jobs to be axed as Tata Steel plans to close Port Talbot furnances

Rediff.com19 Jan 2024

More than 2,800 jobs will be axed as Tata Steel plans to close its blast furnaces at the Port Talbot plant in South Wales in the UK. Of the total job cuts, 2,500 will be in the next 18 months, said Indian conglomerate Tata. A further 300 jobs are to go in three years.

'I have no sympathy for Byju's'

'I have no sympathy for Byju's'

Rediff.com12 Feb 2024

'What has happened at Byju's is no surprise to anyone.'