News for 'it firm closure'

Sensex snaps 3-day losing spell; gains 141 points at close

Sensex snaps 3-day losing spell; gains 141 points at close

Rediff.com21 Feb 2018

The 50-share NSE Nifty ended up 37.05 points, or 0.36 per cent, at 10,397.45 points

Omicron: What Mask Should I Wear?

Omicron: What Mask Should I Wear?

Rediff.com29 Nov 2021

'Every time you put on a mask and take the mask off and adjust the fit, you are putting additional fatigue on the materials.'

Ayodhya conflict was not a mere title dispute

Ayodhya conflict was not a mere title dispute

Rediff.com19 Nov 2019

'The verdict must be seen as something more; as a historical balm, a moral restitution and the deliverance of justice to a people wronged,' argues Vivek Gumaste.

India resumes fuel supply to Nepal after blockade ends

India resumes fuel supply to Nepal after blockade ends

Rediff.com8 Feb 2016

Indian Oil Corporation's Raxaul depot resumed supplies after the obstruction by protesters was removed from the main 'Maitreyi' (Friendship) Bridge connecting the two countries.

RIL's two mega deals: What the brokerages say

RIL's two mega deals: What the brokerages say

Rediff.com13 Aug 2019

Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.

Rhea opens up, says wasn't living off Sushant's money

Rhea opens up, says wasn't living off Sushant's money

Rediff.com27 Aug 2020

'Yes, I said 'Sorry babu'. When you see a dead person, what else will you say?' 'I said sorry as he was no more. When you love someone and they die, you say sorry.' 'Sorry that you aren't here. Sorry that a joke has been made out of your death.'

How companies deal with coronavirus panic

How companies deal with coronavirus panic

Rediff.com17 Mar 2020

Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.

Good news for stressed asset buyers

Good news for stressed asset buyers

Rediff.com12 Dec 2019

In a major relief to stressed assets, the Cabinet approved the proposed IBC amendment that the licences, permits, concessions, and clearances for a corporate debtor cannot be terminated or suspended or not renewed during the moratorium period. The Cabinet also allowed amending the code to streamline the corporate insolvency resolution process and protect last-mile funding to boost investment in financially distressed sectors.

IOC Should Not DIE!

IOC Should Not DIE!

Rediff.com23 Aug 2021

If IOC is not allowed to run its own affairs, then we can see it close down in the next 10 to 15 years, warns Sudhir Bisht.

Explained: What Walmart's reverse merger with Flipkart means

Explained: What Walmart's reverse merger with Flipkart means

Rediff.com6 Aug 2020

Although Walmart-Flipkart wholesale game-plan is to target about a $150 billion market out of a total pie of $700 billion in the country, the consolidation marks the end of the multi-brand dream of the American retail giant.

Flipkart awaits CCI nod for Walmart deal, puts plans on hold

Flipkart awaits CCI nod for Walmart deal, puts plans on hold

Rediff.com26 Jun 2018

Flipkart has not been able to process with its plans of getting into the grocery vertical and is stuck on running pilots in select cities.

How one man is changing young lives in India

How one man is changing young lives in India

Rediff.com4 Jun 2020

An initiative to fund the education of bright Indian youngsters undertaken by two Indian-Americans has now acquired a momentum of its own, discovers Anjuli Bhargava.

Coal scam: Ex-coal secretary HC Gupta, two govt officials get bail

Coal scam: Ex-coal secretary HC Gupta, two govt officials get bail

Rediff.com31 Oct 2014

Former coal secretary and four others, including two serving government officials, were on Friday granted bail by a special court in connection with a coal blocks allocation scam case.

'E-commerce dream run far from over'

'E-commerce dream run far from over'

Rediff.com3 Jun 2016

Tata Group's CLiQ is the latest to join the e-commerce club, to compete with the likes of Amazon, Flipkart and Snapdeal.

Manufacturing sector hits a virtual standstill

Manufacturing sector hits a virtual standstill

Rediff.com26 Mar 2020

Factories are shutting down owing to a shortage of labour and raw materials, and a lack of logistical support amid the ongoing nationwide lockdown against the coronavirus pandemic.

Xi makes first visit to coronavirus-hit Wuhan

Xi makes first visit to coronavirus-hit Wuhan

Rediff.com10 Mar 2020

Xi, also the general secretary of the ruling Communist Party of China, arrived in Wuhan, the epicentre of the virus outbreak, on Tuesday for an inspection of the epidemic prevention and control work in Hubei province and its capital city Wuhan, state-run Xinhua news agency reported.

PNB fraud raises stink over banks' risk management ability

PNB fraud raises stink over banks' risk management ability

Rediff.com16 Feb 2018

The latest fraud is a failure of management supervision and accountability, as no bad debt was generated and no cash was involved

Sebi tightens norms for mutual funds

Sebi tightens norms for mutual funds

Rediff.com27 Jun 2019

Coming down heavily on MF players who in recent past chose to use shareholder fund to buy out debt of bleeding invested companies, Sebi said MFs can't have standstill agreements with companies and will take action against fund houses for such deals.

EV: Govt extends olive branch to automakers

EV: Govt extends olive branch to automakers

Rediff.com1 Aug 2019

The change in stance follows a strong opposition by automakers of the proposed government plan to ban two-wheelers (below 150cc) and three-wheelers by 2023 and 2025, respectively

6-person core group manipulated accounts at PMC Bank

6-person core group manipulated accounts at PMC Bank

Rediff.com7 Oct 2019

Only when the RBI inspection started on September 19 did they realise that their game was up and one of them had sent a letter to the central bank, leading to the RBI crackdown, report Anup Roy and Subrata Panda.

EMI moratorium: Calculate how much more you will pay

EMI moratorium: Calculate how much more you will pay

Rediff.com3 Jun 2020

Beware: During the period that you avail of the moratorium, there would be no repayment of interest or principal. Thus, the outstanding will go up substantially for this period as a consequence

Sensex up over 200 points on global cues; Nifty hits 8,500

Sensex up over 200 points on global cues; Nifty hits 8,500

Rediff.com7 Nov 2016

Lupin was the top gainer after the USFDA cleared its Goa facility

The mystery death of Pakistan's 'holy warrior'

The mystery death of Pakistan's 'holy warrior'

Rediff.com5 Dec 2020

Khadim Hussain Rizvi is now gone. But the mass appeal of fundamentalism among Pakistan's burgeoning, young, illiterate, unemployed and angry population isn't, observes Shekhar Gupta.

Net closing in on PNB, IL&FS, ICICI-Videocon, AugustaWestland

Net closing in on PNB, IL&FS, ICICI-Videocon, AugustaWestland

Rediff.com7 Jun 2019

'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'

Ronaldo reaches 400-goal landmark as Juventus's perfect start ends

Ronaldo reaches 400-goal landmark as Juventus's perfect start ends

Rediff.com21 Oct 2018

Cristiano Ronaldo became the first player to score 400 goals in Europe's top five leagues as Juventus dropped points for the first time this season following a 1-1 Serie A draw with Genoa on Saturday. The Portuguese striker's fifth league goal for Juve carried him to the milestone, adding to his 84 strikes for Manchester United in the Premier League and 311 for Real Madrid in La Liga.

Can Mumbai's landmark theatres survive?

Can Mumbai's landmark theatres survive?

Rediff.com1 Mar 2019

'If we keep losing such institutions, we will soon become a city and culture of short-term memory.' 'Nothing to remind us of the years gone by and eventually with nothing to remember.'

Early Diwali at Ola, gets $1.1 bn funding, another $1 bn in pipeline

Early Diwali at Ola, gets $1.1 bn funding, another $1 bn in pipeline

Rediff.com11 Oct 2017

The company did not disclose the valuations at which funds were raised.

Murdoch's News International gets new name in Britain

Murdoch's News International gets new name in Britain

Rediff.com26 Jun 2013

News International, the subsidiary of media mogul Rupert Murdoch's News Corp, was on Wednesday renamed 'News UK' as the group sought to rebuild the brand tarnished by the phone-hacking scandal.

Samara-Amazon bags Aditya Birla Group retail chain 'More'

Samara-Amazon bags Aditya Birla Group retail chain 'More'

Rediff.com20 Sep 2018

Amazon has also signed a term sheet with Kishore Biyani-led Future group to invest $600 million to $700 million for a 12 to 15 per cent stake in the retail giant, it is learnt.

Why MPC members are a worried lot today

Why MPC members are a worried lot today

Rediff.com21 Oct 2019

'Overall, domestic demand has moderated significantly. 'The weakening of private consumption, which for long has been the bedrock of aggregate demand, in particular, is a matter of concern,' RBI Governor Shaktikanta Das said in the MPC meetings, in October.

Coal scam: Why was Manmohan Singh not examined, court asks CBI

Coal scam: Why was Manmohan Singh not examined, court asks CBI

Rediff.com25 Nov 2014

The special court has asked the Central Bureau of Investigation if the then coal minister was examined by it in a coal scam case involving Kumar Mangalam Birla and others.

Coalgate: Ex-secretary, 5 others convicted

Coalgate: Ex-secretary, 5 others convicted

Rediff.com30 Nov 2018

Five others, including one retired and another serving public servant -- K S Kropha and K C Samria -- were held guilty for various offences under the Prevention of Corruption Act and Indian Penal Code.

Essar Power's Rs 11,000-crore investment awaits approval

Essar Power's Rs 11,000-crore investment awaits approval

Rediff.com3 Nov 2013

Within a month of the Comptroller and Auditor General of India (CAG) tabling the coal block allocation report in Parliament in August last year, the Central Bureau of Investigation (CBI) filed a First Information Report (FIR) against Hyderabad-based Navabharat Power Private Ltd for the coal block allotted to it in Odisha in January 2008.

Increased import of Chinese goods hurts Indian MSMEs

Increased import of Chinese goods hurts Indian MSMEs

Rediff.com18 Jun 2013

In eight major MSME-centric product groups, imports from China grew the fastest.

Think before accusing the armed forces

Think before accusing the armed forces

Rediff.com6 Jan 2014

Two lessons from the closure of the Barak investigation: be careful with investigations, and buy from the US or Russia through transparent protocols. Premvir Das examines

TechM buys LCC for $240 mn in largest Indian IT deal this year

TechM buys LCC for $240 mn in largest Indian IT deal this year

Rediff.com20 Nov 2014

India's fifth largest software services firm Tech Mahindra will acquire global network services firm Lightbridge Communications Corporation (LCC) in an all-cash deal worth $240 million (over Rs 1,486 crore).

Tamil Nadu Inc lost Rs 1000 cr from Tuesday's mourning

Tamil Nadu Inc lost Rs 1000 cr from Tuesday's mourning

Rediff.com7 Dec 2016

Production at every automotive facility, offices of information technology firms and retail establishments in the state remained shut on Tuesday as a mark of respect to the late chief minister.

Sensex gains 130 points on late buying ahead of RBI meet

Sensex gains 130 points on late buying ahead of RBI meet

Rediff.com4 Apr 2016

The 30-share S&P BSE Sensex ended up 130 points at 25,400 and the Nifty50 rose 46 points to close at 7,759.

UP meat traders meet CM, back move to ban illegal slaughterhouses

UP meat traders meet CM, back move to ban illegal slaughterhouses

Rediff.com30 Mar 2017

Adityanath assured the delegation that stern action would be taken if any officer acted against a legal and licensed slaughterhouse.