With the government clearing the decks for direct listing at the Gujarat International Finance Tec-City (GIFT City) International Financial Services Centre (IFSC), issuers will wait for the ecosystem to develop further before firming up their listing plans. In the meantime, most companies may continue to prefer listing in the onshore market, even as the new avenue provides key benefits such as tax waivers and reduced foreign exchange risk. Sources said that a few key things need to be ironed out further.
A quick look at the winners of the 96th Annual Academy Awards.
The Bombay high court has passed an ex-parte interim order restraining several entities from operating websites etc claiming to provide PAN card services on behalf of the government-owned UTI Infrastructure Technology and Services Limited (UTIITSL) and noted such an act poses a "national level threat". A single bench of Justice Bharati Dangre, in its order of January 12, said the Union government has made it mandatory for PAN card holders to link the same to their Aadhar Card, which is an acceptable proof of identification. Therefore, any potential misuse of the licence/ authorization to issue PAN cards would be highly detrimental not only to the interest of the company but also to national interest, the HC said.
The chief minister said no one should indulge in vote bank politics
The government had earlier announced the country's highest civilian honour for L K Advani and Karpoori Thakur.
In a statement on Sunday, the Maldivian foreign ministry said they were aware of the "derogatory remarks on social media platforms against foreign leaders and high-ranking individuals".
Senior leaders of the Bharatiya Janata Party and the Congress were stopped by police on Friday from visiting the trouble-torn Sandeshkhali, escalating the political tensions in the state as the leaders accused West Bengal Chief Minister Mamata Banerjee of fostering a 'lawless situation' and attempting to 'communalise' the issue.
Vouching for preserving its independence and sovereignty, Muizzu made a firm commitment to ensure that the Maldives remains "free of any foreign military presence."
So many movies coming up for release in theatres in 2024 but January's OTT watch seems interesting too.
Tata Electronics' Rs 91,000 crore semiconductor fab in Dholera, Gujarat, in partnership with PSMC, will generate over 20,000 direct and indirect skilled jobs in the region and construction of the mega unit is expected to begin this year, according to a statement on Thursday. The planned unit - India's first commercial fab, marks Tata Electronics' entry into the global semiconductor industry. Tata Electronics said it is "proud to lead India's entry into global semiconductor fabrication".
Social stock exchange (SSE) saw its first listing on Wednesday, with SGBS Unnati Foundation becoming the first entity to take this route to avail financing. The foundation - engaged in vocational training of youth - raised Rs 1.8 crore from four investors. These include brokerage firm Zerodha and National Bank for Agriculture and Rural Development (Nabard).
KKR were in a similar position in 2021 when they had lost four in a row in the first phase before they bounced back in the second leg in the UAE to make it the final.
In Tamil Nadu, though reformist spiritual giant Sri Ramanujacharya was a crusader against discrimination who nurtured equality almost a millenium ago, the broad canvas of social justice had only an occasional place for him.
A bench headed by Justice S H Kapadia asked the company to challenge the ruling before an appropriate high court. The apex court also stayed both the AAR order and the assessment till the company moves a high court. On May 9, the AAR said that income of Foster's Australia Ltd from the transfer of its right, title and interest in trademarks and Foster's brand intellectual property is taxable in India.
This was the first time in the history of SA cricket a senior team had reached the final of a World Cup.
Immediately following its ban being lifted on July 11, 1949, the RSS began debating entering politics in the pages of its house organ, The Organiser. Thus was born the Jana Sangh/BJP, points out Aakar Patel.Thus Was Born Jana Sangh/BJP, asserts Aakar Patel.
Twelve-year-old Akbar is unwilling to go back to his mother forsaking his foster father, Aiku Lal, with whom he has spent eight long years.
The court made it clear that no death penalty should be awarded to Kohli even after he is found guilty after the trial there.
Bring on the popcorn, the OTT scene is buzzing with three things -- entertainment, entertainment, entertainment.
A voter's right to know is 'far too important' in democracy than the privacy of a donor, Supreme Court judge Justice Sanjiv Khanna said on Thursday as the apex court scrapped the 2018 electoral bond scheme for funding political parties.
Reacting strongly to attempts by Norwegian authorities to extend the Residence Permits of two Indian children in foster care there, India today told Norway that they are neither orphans nor stateless persons, and enjoy the protection of the Indian State.
Comedies are a difficult genre to pull off in today's day and age, thanks to the audiences' increasing exposure to diverse content and dwindling attention spans. Still, there are quite a few Tamil movies that can bring on the laughs. Arjun Menon lists the recent releases you can watch at home.
Uber Chief Executive Officer (CEO) Dara Khosrowshahi sees India as one of the toughest markets and a standard to succeed in any other part of the world. One of the biggest challenges for the ride-hailing firm, according to Khosrowshahi, is the expectation of Indian consumers for more services at lower spending. "India is one of the toughest markets out there.
The top 50 exposures, amounting to Rs 7.8 trillion, of government-registered non-banking financial companies (G-NBFCs) constitute about 40 per cent of corporate credit within the NBFC sector, indicating concentration risk, according to the Reserve Bank of India's report "Trend and Progress of Banking in India 2022-23". Notably, all the 50 are tied to the power sector, a domain fraught with inherent challenges, the report said. The report highlighted recognising the escalating systemic importance of G-NBFCs, the Prompt Corrective Action (PCA) framework had been expanded to include G-NBFCs excluding those falling within the base layer.
Forty MLAs from violence-hit Manipur have written to Prime Minister Narendra Modi stating that the state requires complete disarmament to foster an environment of peace and security.
The triennial exercise will take place for two hours and fifteen minutes during the day, dusk and night, he said.
'Imran Khan's rule was dismal. Despite this, he has become a cult figure.' 'He sold the dream of a Naya Pakistan to the people of Pakistan, especially the youth, and branded all other politicians as corrupt.' 'Hence, his popularity.'
Ravi Mittal, CEO, Quack Quack, explains how casual dating will pave the way for manifest dating and more serious relationships in 2024.
A group of fans shouted 'Jai Shri Ram' (Hail Lord Ram) multiple times when Rizwan was walking back to the pavilion after being dismissed by pacer Jasprit Bumrah.
RediffGURUS Ashwini Dasgupta, Anu Krishna, Dr Karthiyayini Mahadevan and Jinal Mehta answer queries from Rediff readers.
Jaiswal remained composed, primarily adopting a defensive approach throughout the evening.
The scaling up of the India-US strategic partnership to the level of non-NATO ally with defence deals, sharing and transfer of defence technology, interoperability, joint collaboration and joint production of defence equipment has exacerbated Moscow's anxiety, notes Rup Narayan Das.
Shubman Gill's loss has been Gujarat Titans' gain as the India opener played a key role in winning the title in their maiden appearance last season.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
Nasreen, who served as the director of the Indian Cultural Centre at the high commission of India in Male, Republic of Maldives, from 2019 to 2023, shared insights into the growing influence of China and Pakistan in countering India's soft power.
The 75th Emmys saw a lot of fashion, but even more talent.
The case has been registered against entities such as the Halal India Private Limited Chennai, Jamiat Ulama-i-Hind Halal Trust Delhi, Halal Council of India Mumbai, Jamiat Ulama Maharashtra and others for allegedly exploiting religious sentiments to boost sales by providing halal certificates to customers of a specific religion, the UP government said in a statement on Saturday.
Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government's last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.
The Chinese and Pakistani navies at a naval base in Karachi on Saturday kicked off the 'Sea Guardians-3' exercise in the waters and airspace of the northern Arabian Sea in drills that include anti-submarine operations, Dawn News reported on the exercises which will end on Friday.
"We will examine the latest developments and make a determination about our future engagement with BRICS," Baloch said.
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