News for 'illegal stocking'

Xi makes first public appearance after SCO summit, scotches coup rumours

Xi makes first public appearance after SCO summit, scotches coup rumours

Rediff.com27 Sep 2022

Chinese President Xi Jinping on Tuesday visited an exhibition of the Communist Party, appearing in public for the first time after his return from the SCO summit on September 16, which sparked rumours about his absence from the limelight ahead of next month's key Congress of the ruling party.

Can Abhishek pull off The Big Bull?

Can Abhishek pull off The Big Bull?

Rediff.com19 Mar 2021

Perhaps because it was a film meant for the theatres, The Big Bull has romance and songs, notes Moumita Bhattacharya.

4 killed in landslide at Haryana mining site, more feared trapped

4 killed in landslide at Haryana mining site, more feared trapped

Rediff.com1 Jan 2022

Police said around half-a-dozen dumper trucks and some machines were buried under the debris caused by the landslide which occurred around 9 am in Tosham block.

NSE Rot Goes Deeper

NSE Rot Goes Deeper

Rediff.com11 Mar 2022

The rot is is not limited to Chitra Ramkrishna and the yogi, observed Debashis Basu.

Rs 62,000 Crore GST Evasion Detected

Rs 62,000 Crore GST Evasion Detected

Rediff.com26 Dec 2022

'There are unscrupulous traders who create fake invoices by showing bogus e-way bills, movement of goods.' 'Since the entities registered across different states, and kept on changing their numbers, tracing them was difficult.'

'No state should sell pulses at more than Rs 120/kg'

'No state should sell pulses at more than Rs 120/kg'

Rediff.com17 May 2016

Paswan said his Ministry has acquired 55,000 tonnes of pulses.

Future Retail independent directors drag Amazon to CCI

Future Retail independent directors drag Amazon to CCI

Rediff.com8 Nov 2021

Amazon violated FDI norms, allege Future Retail independent directors.

'They wanted to strike terror in India'

'They wanted to strike terror in India'

Rediff.com11 Mar 2023

'The entire idea behind the serial bomb blasts was to strike fear in the minds of Indians.' 'I don't think the blasts were targeted to derail the Indian economy; the idea behind the blasts was retribution.'

Cattle hits, snags raise doubts over Vande Bharat as 'train of future'

Cattle hits, snags raise doubts over Vande Bharat as 'train of future'

Rediff.com19 Oct 2022

Experts suggest that a revamp in the surrounding infrastructure should take care of the issues plaguing the VB-2, stressing that the lightweight nature of the trains is what allows for higher speeds, and that needless design additions may hamper the train's efficiency.

How Governments Harm Job Creators

How Governments Harm Job Creators

Rediff.com21 Apr 2022

From small restaurants to mighty software companies, it is businesses, not the government, that create jobs. Yet, in a cruel irony, they have to fight extortive and brutal State power every step of the way, says Debashis Basu.

Future holds shareholders' meet for approval of Reliance Retail deal

Future holds shareholders' meet for approval of Reliance Retail deal

Rediff.com20 Apr 2022

Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd. The meeting was chaired by Shailesh Haribhakti, FRL said in a regulatory filing. Haribhakti has been appointed by the NCLT to chair the meeting. The result of the voting will be announced in due course, it added.

Controversies make IPL's stock soar

Controversies make IPL's stock soar

Rediff.com9 Dec 2015

Despite all the controversies, the IPL's brand value hasn't diminished. Instead, says Harish Kotian/Rediff.com, the IPL made the BCCI richer by over Rs 3 billion!

In shadow of Chinese rout, India fights illegal 'dabba' market

In shadow of Chinese rout, India fights illegal 'dabba' market

Rediff.com16 Jul 2015

Dabba trades also allow investors to avoid SEBI registration requirements or the margin requirements set by exchanges.

NSE's Colo Case: Will CBI Do What Sebi Didn't?

NSE's Colo Case: Will CBI Do What Sebi Didn't?

Rediff.com9 May 2022

It is the biggest issue we have ever faced in the securities market, where a sensitive and systemically important institution and first-line regulator was not only exploited by unscrupulous elements but functioned like a private fief, points out Debashis Basu.

'India is losing 10,000 artefacts per decade'

'India is losing 10,000 artefacts per decade'

Rediff.com28 Sep 2021

'In China there is capital punishment for heritage theft. That is how they treat criminals, unlike us.' 'Here we treat them like it's a house-breaking theft.'

Despite its FMCG push, for D-Street ITC is still a tobacco play

Despite its FMCG push, for D-Street ITC is still a tobacco play

Rediff.com20 Jun 2021

Most of the changes have come about in the last four years and ITC is now reaping the dividends - standalone revenues from the non-cigarettes FMCG business have grown 40 per cent from FY17 to Rs 14,728.21 crore in FY21 and pre-tax profits 30 times to Rs 823.69 crore. The business accounted for 30.58 per cent of gross revenues and 4.85 per cent of pre-tax profits in FY21. "In the last four years, our margins in FMCG have gone up by 640 basis points (bps) and EBITDA margins have been moving up consistently. "We created levers that enabled a sustained growth trajectory," said ITC chairman and managing director Sanjiv Puri. Puri took charge as the chief executive officer in 2017; in 2018, he was redesignated managing director and effective May 2019, he became chairman.

Sabarimala board defends use of 'halal' sign on jaggery in HC

Sabarimala board defends use of 'halal' sign on jaggery in HC

Rediff.com18 Nov 2021

The Travancore Devaswom Board, which manages the Lord Ayyappa temple at Sabarimala, on Thursday told the Kerala high court that the jaggery received by it had 'halal' mentioned on the packaging as they are also exported to Arab countries by the company supplying to them.

NSE co-location case: ED to also investigate tech glitch

NSE co-location case: ED to also investigate tech glitch

Rediff.com25 Mar 2021

Sebi had, in February, dropped allegations of fraudulent and unfair trade practices against NSE's former heads Ravi Narain and Chitra Ramakrishna in the co-lo case.

Indian power station coal stocks lowest since 2012 blackouts

Indian power station coal stocks lowest since 2012 blackouts

Rediff.com29 Aug 2014

There was a sharp fall in power output on Thursday from a plant in Gujarat that left India more than 9,000 megawatts short of peak demand, according to two officials at the state grid operator.

'Demonetisation didn't impact even 0.001% of black money'

'Demonetisation didn't impact even 0.001% of black money'

Rediff.com17 Nov 2021

'In the total of black wealth, only 1% or less than 1% constitute cash.' 'So, even if cash is completely weaned out, it impacts only 1% of the black wealth.'

Anil Ambani's sinking wealth leaves lenders jittery

Anil Ambani's sinking wealth leaves lenders jittery

Rediff.com21 Feb 2019

While RCom owes Indian banks close to Rs 45,000 crore, Ambani has lost close to $408 million of personal wealth year-to-date until Tuesday.

3 shops selling meat set ablaze in UP

3 shops selling meat set ablaze in UP

Rediff.com22 Mar 2017

The incident comes close on the heels of some slaughter houses being sealed in Uttar Pradesh after the Bharatiya Janata Party government led by Yogi Adityanath was sworn in.

HC dismisses Chanda Kochhar's plea against sacking

HC dismisses Chanda Kochhar's plea against sacking

Rediff.com5 Mar 2020

The Bombay high court on Thursday dismissed a petition filed by Chanda Kochhar against her termination as the managing director and chief executive officer of ICICI Bank A division bench of Justices N M Jamdar and M S Karnik accepted the bank's contention that Kochhar's petition was not maintainable as the dispute was contractual and concerns a private body.

Shareholders vote down Birla nominees to board of directors

Shareholders vote down Birla nominees to board of directors

Rediff.com25 Sep 2021

Vindhya Telelinks, Universal Cables and Birla Cable shareholders go against family's wishes.

Mutual funds take a hit post note ban

Mutual funds take a hit post note ban

Rediff.com1 Dec 2016

The average fall in 15 most-invested stocks by equity MFs was 5.7 per cent. Chandan Kishore Kant reports

'I didn't want to quit Ukraine like a coward'

'I didn't want to quit Ukraine like a coward'

Rediff.com11 May 2022

'I want to be with the Ukrainian people and serve those I know here.'

Probe how celebs procured anti-Covid drugs: HC to Maha govt

Probe how celebs procured anti-Covid drugs: HC to Maha govt

Rediff.com27 May 2021

The Bombay high court on Thursday directed the Maharashtra government to investigate how celebrities and politicians procured anti-COVID-19 drugs and injections to help those in need when the same were available only in scarce quantities across the country.

Chanda Kochhar's termination case: HC seeks RBI's reply

Chanda Kochhar's termination case: HC seeks RBI's reply

Rediff.com9 Dec 2019

Chanda Kochhar, the high-profile ex-banker had on November 30 moved the Bombay high court challenging "termination" of her employment by ICICI Bank which also denied her remuneration and clawed back all the bonuses and stock options between April 2009 and March 2018 for her alleged role in granting out of turn loans worth Rs 3,250 crore to the Videocon Group which benefitted her husband Deepak Kochhar. A division Bench of justices Ranjit More and SP Tavade allowed her to implead RBI and directed the apex bank to file its reply by December 16.

Sebi promises stern action against 'dabba trading'

Sebi promises stern action against 'dabba trading'

Rediff.com25 Nov 2014

Operators of such trading rings allow people to trade in equities outside the stock exchange platform.

SC stays proceedings before Delhi HC in Amazon Future case

SC stays proceedings before Delhi HC in Amazon Future case

Rediff.com19 Apr 2021

The Supreme Court Monday stayed the ongoing proceedings before the Delhi high court in the case related to the amalgamation of Future Retail Ltd (FRL) with Reliance Retail. A bench of Justices R F Nariman, B R Gavai and Hrishikesh Roy posted the matter for hearing on May 4 and directed that all pleadings be completed in the matter. Amazon had moved the apex court on April 8 challenging the Delhi high court's division bench order that had vacated a stay on Kishore Biyani-led Future Group proceeding with its Rs 24,713 crore asset sale to Reliance Industries.

Aligarh hooch tragedy: Autopsy on 87 bodies, govt toll 35

Aligarh hooch tragedy: Autopsy on 87 bodies, govt toll 35

Rediff.com2 Jun 2021

Post-mortems of 16 more suspected hooch victims were conducted here in the last two days, raising their number to 87, but authorities on Wednesday kept the official death toll in tragedy pegged at 35.

Lucknow turns vegetarian as meat sellers go on strike

Lucknow turns vegetarian as meat sellers go on strike

Rediff.com25 Mar 2017

The meat sellers are miffed over the crackdown on slaughter houses which has adversely hit the livelihood of lakhs of people, Qureshi said.

Interpol suspends 'sports integrity' agreement with FIFA

Interpol suspends 'sports integrity' agreement with FIFA

Rediff.com12 Jun 2015

Interpol is suspending its 'sports integrity' agreement with FIFA in light of the ongoing investigations .

States' own versions of farm Bills are falling short on farmers' needs

States' own versions of farm Bills are falling short on farmers' needs

Rediff.com17 Nov 2020

Though the Bills of Punjab and Rajasthan have a lot of similarities, the one approved by the Chhattisgarh Assembly is structurally different. None of the three has tried to address a key demand of the agitating farmers in full, which is to make all payments below the MSP, within and outside mandis, illegal.

BSE: Top gainers and losers

BSE: Top gainers and losers

Rediff.com25 Aug 2014

The 30-share Sensex ended at a record closing high up 17 points at 26,437 after hitting a fresh record high of 26,631 and the 50-share Nifty ended down seven points at 7,906 after hitting a fresh record high of 7,968.

Assam, NE headed for fuel crisis if agitation over Citizenship Act continues

Assam, NE headed for fuel crisis if agitation over Citizenship Act continues

Rediff.com13 Dec 2019

IOC has been forced to shut down its Digboi refinery in Assam and is operating Guwahati unit at minimal throughput, while OIL has been forced to shut LPG production and its crude oil production has dropped by 15-20%. Sources said the agitation has blocked the movement of tankers and trucks, which are mostly used to supply petrol, diesel and LPG from the refineries to different parts of the North East.

Why CBI went after Sebi officers for Saradha, not Sahara

Why CBI went after Sebi officers for Saradha, not Sahara

Rediff.com15 Apr 2021

It is intriguing that the CBI has shown little interest in the most scandalous and biggest collective investment scheme ever, from the Sahara group, asserts Debashis Basu.

On Nov 8, RBI had only Rs 4.94 lakh cr in Rs 2k notes: RTI

On Nov 8, RBI had only Rs 4.94 lakh cr in Rs 2k notes: RTI

Rediff.com19 Dec 2016

86.69 per cent of available stock of currency notes is being taken away from circulation and less than one-fourth of these are being replenished by newly printed Rs 2,000 notes

SC asks NDTV promoters to give info on shares, market cap by Friday

SC asks NDTV promoters to give info on shares, market cap by Friday

Rediff.com28 Jan 2021

The Supreme Court Thursday asked NDTV promoters Prannoy Roy and Radhika Roy to give a statement on shares indicating the current market value which they would like to deposit as security with market regulator Sebi under the order of the Securities Appellate Tribunal (SAT).

Impasse enters Day 16: Toyota rolling out less than 100 units a day

Impasse enters Day 16: Toyota rolling out less than 100 units a day

Rediff.com27 Nov 2020

Battered by the Covid-19 pandemic, the maker of the Fortuner and Innova models is staring at a steep loss in the ongoing financial year.