News for 'financial distress'

'Nobody Has The Right To Criticise My Dance Because Of My Skin Colour'

'Nobody Has The Right To Criticise My Dance Because Of My Skin Colour'

Rediff.com14 Mar 2025

This is the story of a man who fought racism and casteism throughout his life to become a professor of Bharata Natyam at the premier centre for performing arts in India, the Kerala Kalamandalam.

Missing 'Tarak Mehta' actor Gurucharan Singh operated over 10 bank accounts

Missing 'Tarak Mehta' actor Gurucharan Singh operated over 10 bank accounts

Rediff.com9 May 2024

50-year-old Singh is believed to have been visiting his parents in Delhi and was expected to return to Mumbai. However, the actor has not been heard from since April 22.

It's do-or-die battle for key satraps Pawar, Shinde, Ajit in Maha polls

It's do-or-die battle for key satraps Pawar, Shinde, Ajit in Maha polls

Rediff.com19 Nov 2024

The Maharashtra Assembly elections are set to be a defining moment for several regional heavyweights, including Sharad Pawar, Chief Minister Eknath Shinde, his predecessor Uddhav Thackeray, and deputy CM Ajit Pawar. The two Pawars, Shinde, and Thackeray are engaged in a fierce battle for political dominance, with the outcome potentially deciding the fate of their respective parties. The BJP is contesting 149 seats, Shiv Sena 81 seats, and the Ajit Pawar-led NCP has fielded candidates in 59 constituencies. In the opposition alliance, the Congress has fielded 101 candidates, Shiv Sena (UBT) 95, and the NCP (SP) 86. The election is also marked by intense factional fights, with the two claimants of Shiv Sena's legacy competing in over 50 seats and the two Pawars facing each other in nearly 37 constituencies.

What You Can Now Expect Every Election

What You Can Now Expect Every Election

Rediff.com6 Dec 2024

A freebie once granted can hardly be discontinued. All that can happen is to substitute it with a bigger freebie, notes A K Bhattacharya.

ED grills Sharad Pawar's MLA grandnephew for 8 hrs in coop bank case

ED grills Sharad Pawar's MLA grandnephew for 8 hrs in coop bank case

Rediff.com2 Feb 2024

Emerging out of the ED grilling in Mumbai, Rohit Pawar denied any wrongdoing and asserted struggle was imminent in fight for ideology while declaring he wasn't scared.

Future group shareholders stare at possible wipeout of investments

Future group shareholders stare at possible wipeout of investments

Rediff.com25 Apr 2022

Future group promoter Kishore Biyani's stake fell consistently across group companies since December 2019 after American retail major Amazon infused funds in a Future group promoter entity and the group companies started showing signs of financial distress due to closure of stores due to Covid-19 pandemic. As lenders take Future group companies to the bankruptcy courts to recover their dues under the Insolvency and Bankruptcy Code, the shareholders of Future group companies are staring at complete wipeout of their investments as secured lenders get top priority in any potential recovery, say lawyers. "The fate of all Future group shareholders is now sealed with them looking at a complete loss.

Husband calling wife 'parasite' insult to entire womankind: HC

Husband calling wife 'parasite' insult to entire womankind: HC

Rediff.com24 Sep 2024

The petitioner husband, who was stated to have abandoned his wife and children and was living with another woman, was ordered by the trial court to pay Rs 30,000 per month as maintenance to his wife, along with Rs 5 lakh towards the "injuries" sustained by her, including mental torture, depression and emotional distress.

Once She Begged. Now She's A Doctor!

Once She Begged. Now She's A Doctor!

Rediff.com4 Oct 2024

After a wait of 20 years, Pinki Haryan is a qualified doctor raring to serve the destitute and give them a better life.

NTPC 'open to buying' distressed assets

NTPC 'open to buying' distressed assets

Rediff.com2 Aug 2013

Many private players have been under pressure due to factors such as macro-economic issues and delay in receivables from state electricity boards with weak financial health.

Govt keen on NITI's plan to help distressed farmers

Govt keen on NITI's plan to help distressed farmers

Rediff.com28 Jan 2019

The area-based income compensation scheme says that farmers should be paid the difference between the actual price they get and the state-mandated MSP. The compensation will be determined on a per acre basis by using district-level estimates of marketable surplus and prices in the harvest season.

TMC's Saket Gokhale to pay Rs 50 lakh damages for defaming minister's wife

TMC's Saket Gokhale to pay Rs 50 lakh damages for defaming minister's wife

Rediff.com1 Jul 2024

The Delhi high court on Monday directed Trinamool Congress leader Saket Gokhale on Monday to apologise and pay Rs 50 lakh damages to former diplomat Lakshmi Murdeshwar Puri, wife of Union minister Hardeep Singh Puri, for his defamatory tweets against her over the purchase of a property in Switzerland.

Govt, celebrities join forces to rebuild Kerala teen's dairy farm

Govt, celebrities join forces to rebuild Kerala teen's dairy farm

Rediff.com3 Jan 2024

Actor Jayaram, known for his love of animals, also visited the boy's house and handed over a cheque of Rs 5 lakh to buy new cows and rebuild his farm.

Will Anna's Death Be A Wake-Up Call For India Inc?

Will Anna's Death Be A Wake-Up Call For India Inc?

Rediff.com8 Oct 2024

'In India, managers and the leadership almost glorify overworking.'

Stock markets edge down on STT, LTCG hike

Stock markets edge down on STT, LTCG hike

Rediff.com23 Jul 2024

Adani Ports, NTPC, Infosys, Hindustan Unilever, HCL Technologies and Sun Pharma were among the other big gainers. However, Larsen & Toubro, Bajaj Finance, State Bank of India, Axis Bank and HDFC Bank were amonh the major laggards.

'If You Want To Invest Directly, Ensure...'

'If You Want To Invest Directly, Ensure...'

Rediff.com27 Aug 2024

'...you evaluate three key factors before committing your money.'

India to award leases to top up strategic oil reserves amid Gulf tensions

India to award leases to top up strategic oil reserves amid Gulf tensions

Rediff.com17 Oct 2024

State-owned Indian Strategic Petroleum Reserves Ltd (ISPRL), which operates India's strategic crude oil storage, will make awards by December to lease around 1 million tons of crude oil storage space (7.3 million barrels) at two of the country's three existing Strategic Petroleum Reserves (SPRs), around a fifth of the total SPR capacity. This will enable the refilling of crude caverns even as escalating hostilities in the Gulf threaten disruptions in crude supplies, two industry sources said.

The little-known company that's buying up distressed telcos

The little-known company that's buying up distressed telcos

Rediff.com24 Jan 2020

UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group's Reliance Communications and Reliance Telecom, which are in the National Company Law Tribunal (NCLT). Last year it was the highest bidder for taking over Aircel's assets for an upfront payment of Rs 150 crore. Surajeet Das Gupta and Dev Chatterjee dig deeper to find out more about this little known company.

'Indian rupee best-performing Asian currency this year'

'Indian rupee best-performing Asian currency this year'

Rediff.com29 Jun 2024

'India represents one of the top opportunities with robust growth, solid fundamentals, and openness to foreign investment.'

Journalist not expected to dramatise incident, create news: HC

Journalist not expected to dramatise incident, create news: HC

Rediff.com1 Jul 2021

The Allahabad high court has rejected the bail plea of a reporter accused of abetting a suicide, saying a journalist is not expected to dramatise sensational incidents and create news by putting a person's life in danger.

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.

Cash-strapped airlines compromise on safety

Cash-strapped airlines compromise on safety

Rediff.com5 Jan 2012

An official financial audit of all Indian carriers has found that safety issues were being neglected by some of them due to serious financial distress and suggested stringent action, including cancelling of flying permits, against two major carriers.

This man helped physically challenged cricketers raise Rs 1.5 lakh

This man helped physically challenged cricketers raise Rs 1.5 lakh

Rediff.com17 Jun 2020

The Physically Challenged Cricket Association of India (PCCAI) secretary Ravi Chauhan on Wednesday, said, Medcalf took the initiative to help the disabled cricket players under aegis of PCCAI.

Oppn protests 'discriminatory' Budget; 'Viksit Bharat' dream, says BJP

Oppn protests 'discriminatory' Budget; 'Viksit Bharat' dream, says BJP

Rediff.com24 Jul 2024

Indian National Developmental Inclusive Alliance (INDIA) MPs, including Congress president Mallikarjun Kharge, Congress Parliamentary Party chief Sonia Gandhi and Leader of Opposition in the Lok Sabha Rahul Gandhi, staged a protest in Parliament premises on Wednesday over the alleged discrimination against opposition-ruled states in the Union Budget.

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.

Govt worried over teaser loan rates

Govt worried over teaser loan rates

Rediff.com23 Apr 2010

Teaser home loan rates, which entice borrowers with a low fixed rate initially and then move to a floating rate, are a matter regulatory concern and may impact financial stability of the lenders, Parliament was informed on Friday.

Package for Bengal NOT quid pro quo for Prez poll: Cong

Package for Bengal NOT quid pro quo for Prez poll: Cong

Rediff.com11 Jun 2012

Hours after West Bengal Finance Minister Amit Mitra met Pranab Mukherjee to seek a special financial package for the state, the Congress on Monday indicated that the crisis-ridden state could be helped but dismissed suggestions on any quid pro quo for the Presidential polls.

When Moral Police Followed Zeenat Aman

When Moral Police Followed Zeenat Aman

Rediff.com17 Jun 2024

Zeenat Aman shares pictures from Shammi Kapoor's directorial debut Manoranjan where she played a sex worker, Nisha and spoke in detail about how the moral police had a field day because of her flirtatious and sexy outfits in the film.

Private placements at lowest since 2014; total money raised down 23%

Private placements at lowest since 2014; total money raised down 23%

Rediff.com24 Jun 2022

The total amount of money various entities have raised through the private placement route is at its lowest since 2014. They raised a total of Rs 1.96 trillion in the first five months of 2022, revealed the numbers from PRIME Database. It is down 23.4 per cent from the Rs 2.56 trillion raised in the corresponding period in 2021.

Budget focuses on jobs and skilling, keeping 2 allies happy

Budget focuses on jobs and skilling, keeping 2 allies happy

Rediff.com23 Jul 2024

Finance Minister Nirmala Sitharaman on Tuesday announced income tax relief for the middle class, a Rs 2 lakh crore outlay for job creation schemes over the next five years and a spending splurge for states run by her party's new coalition partners as she unveiled the Modi 3.0 government's first budget after the general elections.

When will distressed farmers get help, Sena asks Centre

When will distressed farmers get help, Sena asks Centre

Rediff.com13 Apr 2015

Taking a sceptical view of MUDRA program, Shiv Sena sought to know when the distressed farmers get help and how does the government plan to curb their suicides.

Why bankruptcy suicides are on the rise in Mumbai, Hyderabad

Why bankruptcy suicides are on the rise in Mumbai, Hyderabad

Rediff.com3 Jul 2014

Number of suicides due to financial distress rose 13.6 per cent compared to 2012

Bill to deal with crisis in banks, insurers cleared

Bill to deal with crisis in banks, insurers cleared

Rediff.com14 Jun 2017

The Bill when enacted will pave the way for setting up of the Resolution Corporation

Society should know man's chromosomes decide child's gender, says HC

Society should know man's chromosomes decide child's gender, says HC

Rediff.com11 Jan 2024

Parents who give their daughters-in-law a hard time for not being able to fulfil their desire of "preserving their family tree", need to be educated that it is their son and not his wife whose chromosomes will decide the child's gender, the Delhi high court has observed.

Unmanageable EMIs? How to cope

Unmanageable EMIs? How to cope

Rediff.com24 Nov 2008

How do you cope with a home loan EMI that's becoming unmamanageable due to various reasons? Can going for a personal loan to pay home loan installments a good idea?

'My Father Is My God'

'My Father Is My God'

Rediff.com16 Jun 2024

To tell us about your father, just mail us at getahead@rediff.co.in (subject: My father) along with your name, the place where you live, your father's name and picture and your message about him.

Das urges G20 nations to resolutely address global challenges

Das urges G20 nations to resolutely address global challenges

Rediff.com24 Feb 2023

RBI Governor Shaktikanta Das on Friday called upon G20 nations to resolutely address the challenges, like threats to financial stability and debt distress that confront the global economy. Addressing the inaugural session of the meeting of G20 finance ministers and central bank governors, Das said although the outlook for the global economy has improved in recent months and there is now greater optimism that the world may avoid a deep recession and only experience slow growth or softer recession,"yet uncertainties lie ahead of us." "Together we must resolutely address the challenges that confront us, including those that are of medium to long-term nature such as threat to financial stability, debt distress, climate finance, fractures in global trade and strains on global value chains.

AI pilots warn they will keep away from flying duties

AI pilots warn they will keep away from flying duties

Rediff.com7 Mar 2012

Protesting delayed payment of salaries and allowances, a section of Air India pilots today warned they would not undertake flying duties from April one if their dues were not cleared by then.

'Banks will continue infrastructure projects financing'

'Banks will continue infrastructure projects financing'

Rediff.com26 May 2024

'Banks make money because they take the right credit calls. So they need to focus on risk mitigation rather than risk avoidance.'

'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.

Karnataka's farm distress is a sore point for BJP

Karnataka's farm distress is a sore point for BJP

Rediff.com7 May 2018

The best option to reduce farm distress in the state is that when the rains fail, the state -- the central and the state government -- provide a financial cushion for the farmer