News for 'international payments'

'Probe important': Court extends Aryan Khan's NCB custody

'Probe important': Court extends Aryan Khan's NCB custody

Rediff.com4 Oct 2021

The court, in its order, noted that the investigation in the case was of prime importance and considering this aspect, the further presence of the accused before the NCB was necessary.

Bankers take fright as UK vote count points to Brexit

Bankers take fright as UK vote count points to Brexit

Rediff.com24 Jun 2016

For investment bankers, a Brexit vote is more than just about volatile prices on a screen but also about where they may end up working and living.

Government takes up pay cut, layoffs with India Inc

Government takes up pay cut, layoffs with India Inc

Rediff.com6 Apr 2020

A senior official in the central labour commissioner's office said the efforts of the government were to resolve the cases amicably and not to press for legal action against employers. "Everyone is going through tough times. We could initiate legal action if we want but that's not the idea. We want to address the issues amicably," the official said.

BCCI clears dues of players; says won't let anyone suffer

BCCI clears dues of players; says won't let anyone suffer

Rediff.com10 Apr 2020

The Board of Control for cricket in India has cleared the quarterly dues of all its centrally-contracted cricketers and vowed not to let anyone suffer despite the uncertainty triggered by the coronavirus pandemic, which has caused financial blowback in other countries. Major cricket boards like England and Australia have indicated that players will have to take pay cuts.

Boeing gives Jet Airways a helping hand

Boeing gives Jet Airways a helping hand

Rediff.com21 Aug 2018

'Boeing has returned some cash to the airline which will help it improve the current liquidity crisis.'

Paytm goes global

Paytm goes global

Rediff.com4 May 2016

It has signed up with Uber and Macys.

4 non-bailable warrants issued against Mallya in GMR cheque case

4 non-bailable warrants issued against Mallya in GMR cheque case

Rediff.com15 Mar 2016

A local court in Hyderabad has issued four more non-bailable warrants (NBWs) against businessman Vijay Mallya after he failed to appear in a court here in connection with alleged dishonour of cheques amounting to Rs 2 crore (Rs 20 million) to GMR Hyderabad International Airport Ltd.

Private sector involvement in defence R&D made easier

Private sector involvement in defence R&D made easier

Rediff.com20 Oct 2020

Defence Minister Rajnath Singh on Tuesday unveiled a new version of the procurement manual of the premier military research institute Defence Research and Development Organisation featuring simplified procedures for the involvement of the private sector in various research and development projects.

What Make in India? Tata Power penalised for using indigenous parts!

What Make in India? Tata Power penalised for using indigenous parts!

Rediff.com18 May 2017

Rs 275 cr payment to Tata Power (SED) blocked for putting Indian part

Why Bhupathi's IPTL shut shop

Why Bhupathi's IPTL shut shop

Rediff.com5 Oct 2018

Mahesh Bhupathi was on Friday accused of non-payment of dues by the production company that was involved in the broadcast of his star-studded league International Premier Tennis League (IPTL) but the Indian tennis ace said he is not responsible for the situation.

Post-Ukraine, Finance Minister Must Revisit Budget

Post-Ukraine, Finance Minister Must Revisit Budget

Rediff.com23 Mar 2022

Budget has already bombed at the box office and passing it without a revisit will be a mockery of the exercise though any modification may be short lived and perfunctory, observes V Ranganathan.

Praful Patel grilled for 8 hrs in alleged aviation scam

Praful Patel grilled for 8 hrs in alleged aviation scam

Rediff.com10 Jun 2019

He is the first high-profile person who has deposed before the ED in this case.

Why Uber is looking over its shoulder in India

Why Uber is looking over its shoulder in India

Rediff.com20 Mar 2017

India turns talent backyard for Southeast Asian taxi apps to fight Uber.

Infosys takes whistleblower complaint to audit panel

Infosys takes whistleblower complaint to audit panel

Rediff.com21 Oct 2019

According to reports, an anonymous group that calls itself "ethical employees" have written to the Infosys Board as well as American regulator US Securities and Exchange Commission with the allegations. They have claimed that they have emails and voice recordings to substantiate the same.

Wanting to buy a house? It's a good time!

Wanting to buy a house? It's a good time!

Rediff.com7 Jan 2019

If you have been planning to buy a house, don't postpone your purchase. Developers are offering discounts, freebies and attractive payment plans.

No 'irregularities' in 2006 World Cup bid win: German FA

No 'irregularities' in 2006 World Cup bid win: German FA

Rediff.com16 Oct 2015

The German Football Association (DFB) has found no indication of wrongdoing in the process of winning the right to host 2006 World Cup, it said on Friday after an internal investigation was completed.

Ethics Board extends IAAF officials' suspension

Ethics Board extends IAAF officials' suspension

Rediff.com7 Dec 2016

Three senior athletics officials have had their provisional suspension from the sport extended by the IAAF's Ethics Board as it continues its investigation into their alleged involvement in a suspected cover-up of Russian doping cases.

Tokyo 2020 bid to be investigated

Tokyo 2020 bid to be investigated

Rediff.com18 May 2016

A Japanese official who led the successful bid for the Tokyo 2020 Olympics said on Wednesday the Japanese Olympic Committee (JOC) plans to investigate the bidding.

RCom clears debt of Rs 2,700 crore

RCom clears debt of Rs 2,700 crore

Rediff.com10 May 2013

RCom had reported net debt of around Rs 37,360 crore (Rs 373.6 billion) as on December 31, 2012.

Why are digital wallet players worried?

Why are digital wallet players worried?

Rediff.com21 Oct 2017

Digital transaction players are hurriedly drawing up a memorandum to be taken to the central bank in hope of having a few of the guidelines -- such as full Know Your Customer (KYC) compliance in 12 months -- overturned, reports Karan Choudhury

Doesn't RBI regret giving banking licences to Ramesh Gelli and Rana Kapoor?

Doesn't RBI regret giving banking licences to Ramesh Gelli and Rana Kapoor?

Rediff.com22 Dec 2021

Isn't it time to review the 'fit and proper' criteria for banking licence, particularly with reference to individuals applying for it, asks Tamal Bandyopadhyay?

US says Fed not involved in clearing India's Iran oil dues

US says Fed not involved in clearing India's Iran oil dues

Rediff.com24 Jun 2014

The comment was in response to a June 19 Reuters story citing sources with knowledge of the matter as saying that India planned to clear some oil payments to Iran through the United Arab Emirates central bank.

Titan's mega plan to become leader in India's smartwatch space

Titan's mega plan to become leader in India's smartwatch space

Rediff.com26 Nov 2019

Titan is investing heavily on research and development, which will do things beyond a smart watch can do today such as switching off lights, locking, and unlocking doors and making payments. Titan is also working closely with start-ups, too, to develop such futuristic features.

Future's women employees appeal to PM Modi in tussle with Amazon

Future's women employees appeal to PM Modi in tussle with Amazon

Rediff.com8 Mar 2021

In a letter to the Prime Minister, the Women of Big Bazaar SOS group said: "Future Retail and Reliance had entered into an arrangement through which Future's retail stores will continue to be operated by Reliance. Reliance has also committed to clear all debts and dues owed by Future Retail to suppliers and vendors."

Govt agrees to Air India employees' main demands

Govt agrees to Air India employees' main demands

Rediff.com25 Aug 2021

The central government has agreed in-principle to Air India employees' main demands. It fears an industrial dissension now could impede the process of privatisation. It has agreed to bear the cost of liquidation loss on account of transfer to the Employees' Provident Fund Organisation (EPFO) from company-owned trusts, inclusion of employees in the central government health scheme (CGHS), and encashment of leaves. The template of the Air India process will be followed for other public sector undertakings up for privatisation at a later date.

CA reduce size of national umpire panel

CA reduce size of national umpire panel

Rediff.com5 Jun 2020

CA's Head of Cricket Operations Peter Roach thanked the umpires and said the decision to reduce head count was a mutual one.

'BCCI elections will be conducted in next 90 days'

'BCCI elections will be conducted in next 90 days'

Rediff.com27 Aug 2018

The Committee of Administrators (CoA) chief Vinod Rai, on Monday, said that the Board of Control for Cricket in India elections will be held in next 90 days now that the Constitution has been adopted.

Sensex snaps 6-day winning run to end 129 pts lower

Sensex snaps 6-day winning run to end 129 pts lower

Rediff.com4 Jun 2020

Asian Paints was the top laggard in the Sensex pack, falling around 5 per cent, followed by Bajaj Finance, HDFC, IndusInd Bank, Axis Bank and Kotak Bank. On the other hand, Tech Mahindra, Sun Pharma, Bharti Airtel and HCL Tech were among the gainers.

Aryan Khan's bail plea to be heard on Oct 13

Aryan Khan's bail plea to be heard on Oct 13

Rediff.com11 Oct 2021

Aryan Khan was arrested on October 3. He is currently in judicial custody and lodged at the Arthur Road prison in Mumbai.

Rajan slams plans to allow India Inc to set up banks

Rajan slams plans to allow India Inc to set up banks

Rediff.com23 Nov 2020

The RBI working group's proposal to allow corporate houses to set up banks is a "bombshell" and at this juncture, it is more important to stick to the tried and tested limits on involvement of business houses in the banking sector, according to an article jointly written by former RBI Governor Raghuram Rajan and ex-Deputy Governor Viral Acharya. They also said that the proposal is "best left on the shelf".

Travel agent defaults on Rs 120 crore

Travel agent defaults on Rs 120 crore

Rediff.com9 Apr 2013

Spring Travels chairman assures 'every thing will be fine next week'.

Ganguly moots contracts for domestic first-class cricketers

Ganguly moots contracts for domestic first-class cricketers

Rediff.com28 Oct 2019

Sourav Ganguly hinted on Monday that a contract system will soon be in place for the thousands of first-class cricketers in the country.

The problem with India's tough stand on H1-B visa

The problem with India's tough stand on H1-B visa

Rediff.com10 May 2017

Amid hints that the government might be exploring capping royalty payments by India-based subsidiaries to US companies, experts warn Subhayan Chakraborty why such a move will only hurt the Indian economy.

Anil Ambani's RPower wins coal mine case in Indonesia

Anil Ambani's RPower wins coal mine case in Indonesia

Rediff.com24 Aug 2018

In 2010, R Power acquired 100 per cent economic interest in three coal mining concessions in Indonesia

Twitter accounts of Obama, Biden, Gates, Musk hacked

Twitter accounts of Obama, Biden, Gates, Musk hacked

Rediff.com16 Jul 2020

The account of former US vice-president Joe Biden, who is the current Democratic Party presidential candidate in the November election, was also hacked.

Evergrande isn't China's Lehman moment

Evergrande isn't China's Lehman moment

Rediff.com28 Oct 2021

Many in the US establishment must hope that the crisis would put the brakes on China's growing military might. Well, it ain't gonna happen, says T T Ram Mohan, who was appointed a member of the prime minister's economic advisory council on Wednesday, October 28, 2021.

More rift in the IOA?

More rift in the IOA?

Rediff.com29 May 2020

IOA Finance Committee chairman Khanna defends decision on Tokyo Games hotel bookings for Tokyo Games, says can't authorise expenditure in absence of approval from President or Secretary General. Indian Weightlifting Federation secretary general Sahdev Yadav resigned as member of the finance committee, saying he was doing so "to maintain self-respect".

RuPay will reduce dependence on cash transactions: Prez

RuPay will reduce dependence on cash transactions: Prez

Rediff.com8 May 2014

The RuPay card is accepted at all ATMs (1.6 lakh plus), 95 per cent of PoS terminals (9.45 lakh plus) and most of the eCom merchants (about 10,000) in the country.

Despite govt's relief package, questions remain over Voda Idea's survival

Despite govt's relief package, questions remain over Voda Idea's survival

Rediff.com4 Oct 2021

The question mark over Vodafone Idea's survival is gone after the government's telecom package, managing director and chief executive officer Ravinder Takkar said in an interaction recently. The extended moratorium for spectrum payments and adjusted gross revenue (AGR) dues has indeed ensured that Vodafone Idea survives, at least for the time being, but questions remain. Answers to those questions may determine the future of Vodafone Idea and its power to stay in a difficult telecom market in the coming years.

10 unions call for strike against labour law changes on May 22

10 unions call for strike against labour law changes on May 22

Rediff.com15 May 2020

Ten central trade unions on Friday gave a call for a nationwide strike on May 22 to protest against the suspension of labour laws by some states during the lockdown period, and also decided to take the matter to International Labour Organization (ILO). "The joint platform of Central Trade Unions (CTUs) in their meeting held on May 14 , 2020 took note of the critical situation for the working people in the country during the lockdown period and decided to enhance united actions to meet the challenge," a joint statement by 10 CTUs said.