The customs officials, based on an intelligence input, halted a Malta-flagged merchant ship -- CMA CGM Attila -- at the port en route to Karachi on January 23 and inspected the consignment, which included a Computer Numerical Control (CNC) machine, originally manufactured by an Italian company.
The Adi/Nadir Godrej family, along with other family members/trusts, has made an open offer to the shareholders of Astec Lifesciences to acquire an additional 26 per cent stake from the public as part of the family settlement agreement (FSA), according to an announcement to the stock exchanges on Wednesday. The offer, made at the price of Rs 1,069.75 per share, was triggered by the Adi/Nadir family's plan to acquire a 20.84 per cent stake in Godrej Industries (GIL) from the Jamshyd Godrej/Smita Crishna Godrej family, according to the FSA announced on Tuesday.
Other prominent candidates among the 904 in the fray are Union minister Anurag Thakur, West Bengal Chief Minister Mamata Banerjee's nephew Abhishek Banerjee, RJD supremo Lalu Prasad's daughter Misa Bharti.
In mid-March this year, the finance ministry asked state-run banks to review their gold loan portfolio for the two-year period between January 1, 2022, and January 31, 2024. This business had grown at a fast clip. Reserve Bank of India (RBI) data has it that it grew 15 per cent to Rs 1 trillion in FY24. Now, in recent times, any kind of exuberance in financial services has seen the authorities swoop down - be it pushing the lines on governance or unsecured credit.
T20 WC will spread awareness on cricket, LA Olympics more likely to attract local Americans
Ganga Ram hospital Chairperson Dr D S Rana on Tuesday said that Remdesivir is also being considered to be dropped from COVID-19 treatment soon as there is no evidence of its effectiveness in treating COVID-19 patients.
The Reserve Bank will announce draft guidelines for giving new banking licences in the next few days, the Finance Ministry said on Monday.
Banks are preferring instruments with higher premium over government securities for their held-till-maturity (HTM) portfolio, following the new investment norms, which came into effect from April 1. They are stocking up on corporate bonds and state government securities to boost yield on their portfolio, according to market participants. "Definitely, if there is a good spread available and without lower credit risk, those instruments will be favoured to boost the yield on the portfolio.
The cryogenic upper stage of the LVM3 M4 launch vehicle, which successfully injected the Chandrayaan-3 spacecraft into the intended orbit on July 14 this year, made an uncontrolled re-entry into the Earth's atmosphere, the ISRO said.
Reserve Bank has directed banks to provide their eligible customers with an option to choose from multiple card networks at the time of issuing credit or debit cards, a move which will benefit card users. The central bank also asked issuers of credit cards not to enter into any arrangement or agreement with card networks that restrain customers from availing the services of other networks.
The AAP national general secretary (organisation) said Kejriwal asked him to convey to the party MLAs to go door to door in their areas and meet people to understand their concerns.
In a jolt to the Centre, the Supreme Court on Thursday stayed the notification setting up a fact-checking unit under the Press Information Bureau (PIB) to identify fake news about the Union government.
The Union home ministry has issued strict guidelines for the enforcement of the 21-day complete nationwide lockdown in the wake of the covid-19 pandemic, invoking the National Disaster Management Act which may result in imprisonment of up to two years for any violation. All government offices, the offices of state and Union territory governments, autonomous institutions, public corporations, commercial, private, industrial establishments shall remain closed, the guidelines issued by the ministry said.
The Election Commission on Monday censured BJP leader Dilip Ghosh and Congress'd Supriya Shrinate for derogatory remarks against the dignity of women.
Though electoral verdicts have historically been accepted, even though grudgingly, by all parties, there has been a sharper edge to the questions being raised by Opposition parties this time over the polling process, including the Election Commission.
The move comes after a few hospitals closed down following the detection of the disease among its medical workers.
Political leaders and candidates should not use children for campaign activities in any manner including holding a child in their arms, carrying a child in a vehicle or in rallies, the poll watchdog said.
Around 200 schools in Delhi-NCR on Wednesday morning received a hoax bomb threat via email which led to widespread panic among parents and students, prompting authorities to suspend classes and ask parents to pick their wards from the school.
The principal commissioner has been made responsible for developing and approving any intelligence, conducting search, and completing investigations and relevant subsequent actions, including at the lower field formations, points out T N C Rajagopalan.
In the wake of an increase in COVID-19 cases in the state, the government has taken a decision to strengthen precautionary measures against the spread of coronavirus, the government said in an explanatory note with the Gazette notification.
He said God has chosen him as an instrument to represent all Indians during the 'Pran Pratishtha' exercise and that he is undertaking the special religious exercise keeping this in mind.
Cracking down on repeated non-compliance of IT norms, the RBI on Wednesday barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels and issuing fresh credit cards with immediate effect after the regulator found "serious deficiencies" in the lender's IT risk management. These actions, the RBI said, are necessitated based on significant concerns arising out of Reserve Bank's IT examination of the bank for the years 2022 and 2023 and the continued failure on part of the bank to address these concerns in a comprehensive and timely manner.
'We can save 70 patients out of 100, if they reach a hospital well within time.' 'The most crucial aspect is time.'
Saturday's voting will mark the end to the marathon polling process that began on April 19 month and has already covered 486 Lok Sabha seats in 28 states and Union territories.
Terming it as a "world war" against COVID-19, the apex court said that due to the "unprecedented pandemic" everybody in the world is suffering one way or the other.
Bengaluru is reeling under a severe water crisis, the worst in the last four decades, and there have been calls from several quarters to shift the IPL games, beginning here on March 25, out of the city.
More than 80 per cent of Indians live in districts vulnerable to climate risks. Among these, Assam, Andhra Pradesh, Maharashtra, Karnataka, and Bihar are the most vulnerable states to extreme climate events.
The Wrestling Federation of India (WFI) on Friday decided at its Special General Meeting (SGM) that it will start functioning at 'no cost to the government' model if its request to lift the suspension is not considered by the Sports Ministry.
Speaking at a "people's court" and holding a "mega press conference", Thackeray said his fight would decide whether democracy survives in the country.
Rahul Dravid's contract ended after the ODI World Cup final last year, but he was asked to continue in his role.
rediffGURU Krishna Kumar offers expert advice on how you can polish your skills and perform better at work.
Khelo India Games were first organised in 2018 as part of the Modi government's initiative to revitalise sports culture at the grassroots level.
I did not take up research for any award.' 'What is more important is the medicine that I have developed.' 'This helps the patient recover and the family is happy that their relative has survived and they go back to their lives.
Why is the RBI harsh on Paytm Payments Bank? Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that can threaten financial sector stability, explains Tamal Bandyopadhyay.
'In life insurance, it is about creating distribution capacity and solutions for customers. We are constantly working on that.'
Under the amended norms, the market price would mean the latest available closing price, prior to the date of the meeting of the company board in which options are granted or shares are issued, on stock exchanges.
The country has been under lockdown since March 25 and the third phase ends on May 17.
The decision by the Reserve Bank of India to introduce a unified regulatory framework on connected lending for all the regulated entities (RE) is expected to reduce the influence of business conglomerates in the Indian lending space, said bankers and experts. "Connected lending pertains to lending to related parties within the same business group. "While the RBI might appear more agreeable to allowing business conglomerates to own banking licenses, it deems it crucial to bolster regulations that would prevent conglomerate-owned banks from gaming the system," said Shivaji Thapliyal, head of research and lead analyst, YES Securities.
Participating in a video conference along with chief ministers of other states, Kumar spoke about many states having arranged for return of students from the Rajasthan town, and also made an oblique reference to the pressure from opposition parties that his government has been facing on the issue.
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.
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