News for 'india-pvt'

Qnet scam: Hyderabad cops arrest former billiards champ Michael Ferreira

Qnet scam: Hyderabad cops arrest former billiards champ Michael Ferreira

Rediff.com19 Oct 2016

"The four directors of the company, including Michael Ferreira, have been brought to Hyderabad from Mumbai on warrant," a senior police official attached to Central Crime Station, a wing of Hyderabad Police, said on Wednesday.

Govt to buy another 4.5 crore doses of Covishield

Govt to buy another 4.5 crore doses of Covishield

Rediff.com12 Jan 2021

According to the purchase order placed on Monday, each dose of the vaccine has been priced at Rs 200 and with GST of Rs 10, it would cost Rs 210.

Twitter, Centre get SC notice on mechanism to check fake news

Twitter, Centre get SC notice on mechanism to check fake news

Rediff.com12 Feb 2021

The Supreme Court on Friday sought responses from the Centre and Twitter India on a plea seeking a mechanism for regulating content and advertisements spreading hatred through fake news and instigative messages via bogus accounts.

McDonald's strikes out-of-court settlement with Vikram Bakshi

McDonald's strikes out-of-court settlement with Vikram Bakshi

Rediff.com9 May 2019

As part of the agreement, McDonald's has acquired 50 per cent voting equity shares in Connaught Plaza Restaurants, held by Bakshi and his affiliated entity since inception.

India will be short of 3.5 million cybersecurity jobs by year-end

India will be short of 3.5 million cybersecurity jobs by year-end

Rediff.com11 Aug 2021

India is in dire need of cybersecurity professionals. With several recent incidents of data breach, India's cybersecurity journey so far proves this demand. But is the country ready to meet this demand and is it preparing a cybersecurity workforce for the unforeseen cyber future? A report titled "India Cybersecurity Services Landscape" by Nasscom-Data Security Council of India (DSCI) predicts that the Indian cybersecurity services industry would grow at a compound annual growth rate (CAGR) of about 21 per cent to touch $13.6 billion by 2025. And by 2022, the industry, which generated a cumulative revenue of about $4.3 billion in 2019, is expected to grow to $7.6 billion. However, around 3.5 million jobs in the cybersecurity space will remain unfilled by the end of 2021.

Gas leak: NGT slaps interim penalty of Rs 50 cr on LG Polymers India

Gas leak: NGT slaps interim penalty of Rs 50 cr on LG Polymers India

Rediff.com8 May 2020

A bench, headed by NGT Chairperson Justice Adarsh Kumar Goel, set up a five-member Committee to probe Thursday's gas leak incident in the chemical factory, in which 11 people were killed and 1,000 exposed, and submit a report before May 18.

Modi Has Enormous Curiosity About The World

Modi Has Enormous Curiosity About The World

Rediff.com24 May 2022

'From the very start, PM Modi was insistent that visiting foreign leaders should be exposed to an India beyond its capital.' 'Through these experiences, he felt that the full Indian narrative would be much better understood across the world,' explains External Affairs Minister S Jaishankar. A riveting excerpt from Bluekraft Digital Foundation's Modi@20: Dreams Meet Delivery.

Chanakya's TIPS to be a WINNER

Chanakya's TIPS to be a WINNER

Rediff.com7 Jan 2022

It is said in Chanakya Neeti that the grass on the ground survives the storm because it is flexible as per the direction of the wind. The large trees break down easily as they are strong and rigid. Winners are not rigid, they are flexible. At the same time, they are focused on winning. A must read excerpt from Radhakrishnan Pillai's Art Of Winning: The Chanakya Way.

Guess which IIT bagged the highest package?

Guess which IIT bagged the highest package?

Rediff.com9 Dec 2020

IIT Roorkee has so far seen the highest domestic salary rise Rs 80 lakh, up by a third from Rs 60 lakh last year.

Skoda unveils mid-sized SUV Kushaq in India

Skoda unveils mid-sized SUV Kushaq in India

Rediff.com19 Mar 2021

Czech automaker Skoda on Thursday globally unveiled its all new SUV Kushaq which would take on the likes of Hyundai Creta and Kia Seltos in the fastest growing mid-sized SUV segment in the domestic market. The model is the first production car as part of the company's India 2.0 project. Under the lead responsibility of Skoda Auto, Volkswagen Group is investing 1 billion euros in its model campaign in the Indian subcontinent to strengthen its presence.

Govt places order for 11 mn doses of Serum vaccine Covishield

Govt places order for 11 mn doses of Serum vaccine Covishield

Rediff.com11 Jan 2021

Dispatch of the vaccine is likely to start by early Tuesday morning, sources said. According to the order placed, each dose of the vaccine has been priced at Rs 200 and with GST of Rs 10, it would cost Rs 210.

What Savarkar Thought of Independence

What Savarkar Thought of Independence

Rediff.com20 Dec 2021

Savarkar believed Swarajya is more than the mere geographical independence of a stretch of earth called India. There was no point in fighting and sacrificing one's life for a Swarajya (mere territorial independence) at the cost of our Svatva (self-existence) or Hindutva itself! A revealing excerpt from Uday Mahurkar and Chirayu Pandit's Veer Savarkar: The Man Who Could Have Prevented Partition.

MG puts its bets on smaller cars for Indian market

MG puts its bets on smaller cars for Indian market

Rediff.com7 Sep 2021

The MG Motor India management is focused on scaling up and launching smaller cars to play the long game in the country, says Pavan Lall.

Murthy-Amazon tax dispute draws in son-in-law Sunak

Murthy-Amazon tax dispute draws in son-in-law Sunak

Rediff.com14 Jun 2021

"Reaching an international agreement on how large digital companies are taxed has been a priority for the chancellor since he took office," said a spokesperson for his UK treasury office. "The chancellor's consistent position has been that it matters where tax is paid, and any agreement must ensure digital businesses pay tax in the UK that reflects their economic activities. That is what our taxpayers would expect and is the right thing," the spokesperson said.

Sebi bars Franklin Templeton from launching new debt schemes for 2 years

Sebi bars Franklin Templeton from launching new debt schemes for 2 years

Rediff.com7 Jun 2021

Sebi on Monday barred Franklin Templeton AMC from launching any new debt scheme for two years and fined it Rs 5 crore for violating regulatory norms in the case of winding up of six debt schemes in 2020. Also, it has been asked to refund investment management and advisory fees to the tune of Rs 512 crore, including interest, collected with respect to the six debt schemes, Sebi said in its 100-page order. In a separate order, the regulator has barred Vivek Kudva, former head of Asia Pacific (APAC) for Franklin Templeton, and his wife Roopa from the securities market for one year for redeeming units of Franklin Templeton MF schemes while in possession of non-public information.

SFIO probes 11 companies on BoB forex fraud

SFIO probes 11 companies on BoB forex fraud

Rediff.com8 Dec 2015

A forensic probe has been ordered into alleged irregularities by the department of financial services.

Franklin Templeton AMC's senior officials, trustee fined

Franklin Templeton AMC's senior officials, trustee fined

Rediff.com14 Jun 2021

Sebi on Monday imposed a penalty totalling Rs 15 crore on senior officials of Franklin Templeton AMC and its trustee for violating regulatory norms in the case of winding up of six debt schemes in 2020. However, a spokesperson of Franklin Templeton said they disagree with the findings in Sebi's order and intend to file an appeal with the Securities Appellate Tribunal (SAT). A fine of Rs 3 crore has been levied on Franklin Templeton Trustee Services Pvt Ltd and Rs 2 crore each on Franklin Asset Management (India) Pvt Ltd President Sanjay Sapre and its chief investment officer Santosh Kamat, according to the Sebi order. In addition, the regulator imposed a penalty of Rs 1.5 crore each on fund managers -- Kunal Agarwal, Pallab Roy, Sachin Padwal Desai and Umesh Sharma -- as well as former fund manager Sumit Gupta.

VIVO won't be IPL title sponsors this year, says BCCI

VIVO won't be IPL title sponsors this year, says BCCI

Rediff.com6 Aug 2020

The Board of Control for Cricket in India on Thursday confirmed they have suspended the IPL title sponsorship deal with Chinese mobile giant VIVO for this year's Indian Premier League amid widespread anti-China sentiment in India.

Serum Inst gets DGCI notice over continuation of vaccine trial

Serum Inst gets DGCI notice over continuation of vaccine trial

Rediff.com9 Sep 2020

The show-cause notice was issued following reports that human trials of the most promising COVID-19 vaccine candidate, being developed by the University of Oxford, have been put on hold after a United Kingdom participant had an adverse reaction to it.

Shell firms, paintings of Rana Kapoor under ED scanner

Shell firms, paintings of Rana Kapoor under ED scanner

Rediff.com8 Mar 2020

The central probe agency that began action against the banker by raiding his upscale residence in south Mumbai on Friday is primarily investigating Kapoor, his wife and three daughters over a Rs 600 crore fund received by a firm allegedly "controlled" by them from an entity linked to the scam-hit Dewan Housing Finance Limited.

CBI arrests DHFL promoters Kapil, Dheeraj Wadhawan in Yes Bank case

CBI arrests DHFL promoters Kapil, Dheeraj Wadhawan in Yes Bank case

Rediff.com26 Apr 2020

They were arrested with the 'cooperation of district authorities of Satara on the strength of Non-bailable Warrant of Arrest issued by the Court of Special Judge, CBI Cases, City Sessions Court, Mumbai', CBI spokesperson R K Gaur said in New Delhi.

HC appoints Ernst & Young India as valuer for Nokia's plant

HC appoints Ernst & Young India as valuer for Nokia's plant

Rediff.com27 Apr 2015

Ernst & Young is appointed as valuer for Nokia India's Chennai mobile making plant

Did Mithun Marry Sridevi?

Did Mithun Marry Sridevi?

Rediff.com21 Dec 2021

'His relationship with Sridevi was not meant to work out, especially since both of them were ambitious, driven and passionate.'

Thousands join 'Run to the moon' in aid of Covid-hit coaches, support staff

Thousands join 'Run to the moon' in aid of Covid-hit coaches, support staff

Rediff.com25 Jun 2020

As many as 14,000 runners from across 15 countries will be lining up to take part in a nearly month-long initiative to raise funds for coaches and support staff in various sports amid the COVID-19 pandemic, the organisers said on Thursday. Championed by celebrated national badminton coach Pullela Gopichand, and Arjuna Awardees Ashwini Nachappa and Malathi Holla, 'Run to the Moon' will conclude on July 21 to coincide with the 51st anniversary of man's first landing on the moon.

INX Media: Delhi court summons Chidambaram, son Karti

INX Media: Delhi court summons Chidambaram, son Karti

Rediff.com25 Mar 2021

A Delhi court Wednesday issued summons to former Union minister P Chidambaram and his son Karti in the INX Media money-laundering case on taking cognisance of the charge sheet filed by the Enforcement Directorate (ED) against them.

5 dead in Serum Institute fire; Covishield facility unaffected

5 dead in Serum Institute fire; Covishield facility unaffected

Rediff.com21 Jan 2021

Covishield vaccine production won't be hit due to the fire, Serum Institute of India Chief Executive Officer Adar Poonawalla said. The Manjari facility is where the Covishield vaccine used in the nationwide inoculation drive against the pandemic is made.

Nissan Kicks in with a bigger version

Nissan Kicks in with a bigger version

Rediff.com25 Oct 2018

It was only an exterior launch, not the actual car, but what he saw left Rediff.com's Rajesh Karkera hugely impressed.

Investment board clears 14 FDI proposals worth Rs 1,528 crore

Investment board clears 14 FDI proposals worth Rs 1,528 crore

Rediff.com6 Aug 2014

The proposals were considered by the Foreign Investment Promotion Board at its meeting held on July 4.

Former Maruti MD Jagdish Khattar booked in bank loan fraud case

Former Maruti MD Jagdish Khattar booked in bank loan fraud case

Rediff.com24 Dec 2019

In its FIR filed recently, the CBI has named Khattar and his company Carnation Auto India Limited for allegedly causing a loss of Rs 110 crore to Punjab National Bank.

Honda to roll out two new models; commits Rs 800 cr capex

Honda to roll out two new models; commits Rs 800 cr capex

Rediff.com18 Oct 2017

HMSI is the biggest player in scooter market with a share of 60 per cent

Car majors suspend manufacturing operations

Car majors suspend manufacturing operations

Rediff.com23 Mar 2020

Hyundai Motor and Toyota Kirloskar Motor have announced the suspension of manufacturing operations at their respective plants amid coronavirus outbreak. On Sunday, various automakers like Maruti Suzuki India, Honda Cars, Mahindra & Mahindra and Fiat announced a temporary halt in manufacturing operations at their respective facilities.

PMC case: Wadhawan's UK, UAE properties to be attached

PMC case: Wadhawan's UK, UAE properties to be attached

Rediff.com11 Oct 2019

ED has come across two immovable assets - one flat in Dubai and one land parcel in London. It is examining the valuation of both properties, estimated between Rs 150 crore and Rs 200 crore.

Thinking of taking Covishield? Here's all you need to know

Thinking of taking Covishield? Here's all you need to know

Rediff.com13 Jan 2021

Prior to the beginning of the nationwide vaccination drive against Covid-19 in India on January 16, the Pune-based Serum Institute of India has issued a factsheet to answer frequently asked questions that vaccine beneficiaries might have.

Govt grants permission for live uplinking of IPL

Govt grants permission for live uplinking of IPL

Rediff.com6 Apr 2018

The Ministry of Information and Broadcasting has given its nod for temporary live uplinking of the 11th edition of the Indian Premier League, whose inaugural ceremony will be held on Friday.

CCI orders probe into Google's payment systems

CCI orders probe into Google's payment systems

Rediff.com9 Nov 2020

The Competition Commission of India (CCI) on Monday ordered a detailed probe against internet giant Google for alleged unfair business practices with respect to Google Pay as well as Google Play's payment system. Google Pay is a popular digital payments platform while Google Play is the app store on its Android ecosystem.

Govt nod for SBI-led group to take over Yes Bank?

Govt nod for SBI-led group to take over Yes Bank?

Rediff.com5 Mar 2020

The government has given a go-ahead to State Bank of India and other financial institutions to take over capital-starved Yes Bank, and an announcement is likely to be made soon, highly places sources said on Thursday. The board of SBI, the country's largest lender, is meeting in Mumbai on Thursday, but it could not be immediately ascertained whether the takeover of Yes Bank is on the agenda. Yes Bank, which is grappling with bad loans, is looking to raise fresh capital but the plans are facing uncertainties.

5 FDI proposals worth Rs 6,050 crore get cleared

5 FDI proposals worth Rs 6,050 crore get cleared

Rediff.com14 Jan 2016

The FIPB rejected two proposals -- Nigeria's Mokeme Chiwetal Izuchukwu and Lanarth Developers Pvt Ltd.

MG Motor plans to launch affordable EVs shortly

MG Motor plans to launch affordable EVs shortly

Rediff.com21 Feb 2020

Hopes to launch full-size SUV MG Gloster by Diwali 2020, and have four products in the market in one-and-a-half years of its operations in India.

Rs 3,700cr Noida ponzi: ED raids 5 locations in UP

Rs 3,700cr Noida ponzi: ED raids 5 locations in UP

Rediff.com5 Feb 2017

The Enforcement Directorate on Sunday conducted searches in various Uttar Pradesh cities after it registered a money laundering case to probe the alleged Rs 3,700 ponzi scam case perpetrated by seeking fake social media 'likes' from lakhs of gullible investors by a Noida based firm.

CBI books Amnesty for FCRA violation; conducts raids

CBI books Amnesty for FCRA violation; conducts raids

Rediff.com15 Nov 2019

After the case was registered, the CBI carried out searches at four places in the national capital and Bengaluru.