News for 'letter of credit'

DU sends proposal to UGC, admission process still on hold

DU sends proposal to UGC, admission process still on hold

Rediff.com26 Jun 2014

Ignoring UGC's directive to start the admission process for undergraduate courses Thursday morning, Delhi University on threw the ball back in the Commission's court by sending it a proposal suggested by academicians to resolve the issue.

What awaits Urjit Patel in 3rd year as RBI governor

What awaits Urjit Patel in 3rd year as RBI governor

Rediff.com1 Sep 2018

Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.

CCD's Siddhartha was a 'nice guy' CEO

CCD's Siddhartha was a 'nice guy' CEO

Rediff.com31 Jul 2019

A family man with two sons, who made it a point to attend all weddings and occasions in the community, Siddhartha is known by everyone as the quintessential 'nice guy' CEO -- never yelling, raising his voice or screaming at his employees, says Pavan Lall.

PNB may be allowed to spread fraud losses over 4 quarters

PNB may be allowed to spread fraud losses over 4 quarters

Rediff.com28 Mar 2018

With the entire fraud amount becoming a non-performing asset, around 25 per cent of the bank's estimated net worth of Rs 40,000 crore could be affected.

How Indian banks are getting ready to avoid fraud, enhance security

How Indian banks are getting ready to avoid fraud, enhance security

Rediff.com23 Nov 2018

Experts say the recent Rs 14,000-crore PNB fraud could have been avoided had there been an integration of PNB's CBS with its SWIFT system

Buffett's wit, humility, charm never fail to impress shareholders

Buffett's wit, humility, charm never fail to impress shareholders

Rediff.com5 Mar 2015

Berkshire Hathaway annual meetings are most awaited.

GoAir readies ambitious plans to boost growth

GoAir readies ambitious plans to boost growth

Rediff.com16 Jul 2018

The Wadia group-owned airline is building a new management team and putting in place strategies for efficient operations. Leading the change is Cornelis Vrieswijk, the airline's new chief executive officer.

It's time to name and shame defaulters

It's time to name and shame defaulters

Rediff.com4 Dec 2018

Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, writes Tamal Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, says Tamal Bandyopadhyay.

CBI quizzes top Kingfisher, UB officials for the 2nd day

CBI quizzes top Kingfisher, UB officials for the 2nd day

Rediff.com16 Mar 2016

While Raghunathan is a named accused in the CBI's case registered in October last year, Nedungadi had resigned recently from the post of CFO of the UB group.

That's not the way we wanted it: Naidu on note ban

That's not the way we wanted it: Naidu on note ban

Rediff.com20 Dec 2016

"I am spending two hours daily to ease the problems caused by demonetisation. I am breaking my head daily but we are unable to find a solution to this problem," the CM said.

Small bizmen drive economy, not large companies: Modi

Small bizmen drive economy, not large companies: Modi

Rediff.com9 Apr 2015

Prime Minister Modi has said it is their small units that drive the Indian economy.

Don't stop SIP till you need money!

Don't stop SIP till you need money!

Rediff.com20 Jan 2018

Despite uncertain times and market volatility ahead, investors should continue with their disciplined investing via SIPs.

Study abroad tips: How to crack your visa interview

Study abroad tips: How to crack your visa interview

Rediff.com12 May 2016

Provide necessary documents. Be calm and confident.

'This government wants to make India a gambling den'

'This government wants to make India a gambling den'

Rediff.com14 Mar 2018

'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'

ED seizes Rs 5,100cr assets of Nirav Modi, moves to revoke his passport

ED seizes Rs 5,100cr assets of Nirav Modi, moves to revoke his passport

Rediff.com15 Feb 2018

As many as 17 locations in Delhi, Mumbai, Hyderabad, Jaipur and Surat were raided by the ED.

As RBI chief Rajan retreats, his long-time nemesis advances

As RBI chief Rajan retreats, his long-time nemesis advances

Rediff.com21 Jun 2016

While he has plenty of critics at home, Rajan is a favourite among foreign investors and has been credited for bringing inflation under control.

We, not you, decide how best to serve our readers: CJR editor to Trump

We, not you, decide how best to serve our readers: CJR editor to Trump

Rediff.com18 Jan 2017

In the op-ed 'An open letter to Trump from the US press corps' published on Wednesday in CJR, Pope says that the relationship between the media and the President-elect are strained.

We must give Vibhishan his due

We must give Vibhishan his due

Rediff.com11 Apr 2020

Vibhishan was a seeker of justice who risked it all to be on the side of truth, says Sudhir Bisht.

CBI registers case against Teesta Setalvad

CBI registers case against Teesta Setalvad

Rediff.com8 Jul 2015

The CBI on Wednesday registered a case against social activist Teesta Setalvad and her organisation for alleged violation of FCRA in recieving funds from abroad without taking prior permission from the home ministry.

PDP-BJP coordination committee to meet in Jammu on Friday

PDP-BJP coordination committee to meet in Jammu on Friday

Rediff.com26 Mar 2015

The ruling Peoples Democratic Party-Bharatiya Janata Party coalition government in Jammu and Kashmir have formed a 10-member coordination committee to 'ensure that the agenda for the alliance is implemented within the defined timeframe and all the policy issues adhered to in letter and spirit'.

GST: These 27 items just got cheaper!

GST: These 27 items just got cheaper!

Rediff.com6 Oct 2017

Small and medium enterprises had complained of tedious compliance burden under the Goods and Services Tax

RIL says new gas rates to be effective from April 1

RIL says new gas rates to be effective from April 1

Rediff.com9 Apr 2014

Last week, RIL and urea companies failed to settle the key terms of gas supply from April 1 upon expiry of the five-year contracts that priced gas from the eastern offshore KG-D6 fields at $4.205 per million British thermal units.

'Aadhaar is the best in class in terms of privacy protection'

'Aadhaar is the best in class in terms of privacy protection'

Rediff.com1 Apr 2016

Former chairman of the UIDAI Nandan Nilekani, elucidates how Aadhaar could become the spine for alternative banking and could replace government services with cash benefits.

'Mamata is clearly talking of appeasement'

'Mamata is clearly talking of appeasement'

Rediff.com24 Jun 2019

'I don't think the state administration has shown the resolve to enter Muslim neighbourhoods and arrest offenders in the last decade.'

Nirav Modi fraud case: Original sin committed in UPA tenure, says Sitharaman

Nirav Modi fraud case: Original sin committed in UPA tenure, says Sitharaman

Rediff.com17 Feb 2018

Nirmala Sitharaman said Nirav Modi may have been able to run away from the country, but the government is taking action against him, and claimed that it will "surely nab him".

EPFO dumps CSC Aadhaar services after data theft

EPFO dumps CSC Aadhaar services after data theft

Rediff.com3 May 2018

Unique Identification Authority of India said the alleged data breach took place on a website that does not belong to it.

Nitish writes to Chidambaram to implement Rajan panel report

Nitish writes to Chidambaram to implement Rajan panel report

Rediff.com8 Oct 2013

In a letter to Union Finance Minister P Chidambaram, he said the proportional share between the Centre and the state in centrally sponsored schemes should be changed for the least developed states like the one existing for special category states now.

IBM CEO: Topic of jobs is the topic for every country I go to

IBM CEO: Topic of jobs is the topic for every country I go to

Rediff.com17 Feb 2017

Ginni Rometty, who is on Donald Trump's advisory committee, discusses the importance of an open workforce, work visas, and why India is a microcosm of all of IBM.

Lalit Modi resigns from RCA, says 'goodbye to cricket administration'

Lalit Modi resigns from RCA, says 'goodbye to cricket administration'

Rediff.com12 Aug 2017

Lalit Modi resigned as the president of the Nagaur District Association, marking an end to his presence in the Rajasthan Cricket body, which was banned by the Board of Control for Cricket in India for allowing the tainted administrator in its fold.

Want an education loan to study abroad?

Want an education loan to study abroad?

Rediff.com8 Apr 2019

The biggest challenge with public sector banks is the processing time, which is why starting early helps.

More trouble for SpiceJet: DGCA might issue showcause notice

More trouble for SpiceJet: DGCA might issue showcause notice

Rediff.com9 Dec 2014

DGCA sources pegged SpiceJet's total dues at Rs 1,600 crore (Rs 16 billion), which the airline owes lessors, vendors, income-tax department and airport operators.

102 Not Out Review: Rishi Kapoor steals the show

102 Not Out Review: Rishi Kapoor steals the show

Rediff.com3 May 2018

'Rishi Kapoor is what sustains our interest when the humour evaporates and 102 Not Out slumps in a cesspool of soppy disclosures and exploited emotions.' 'The sequence where he walks down memory lane alone is testament to his artistic extensity.' 'No one makes the viewer vulnerable like Rishi,' says Sukanya Verma.

Manohar Parrikar: Defence minister with a difference

Manohar Parrikar: Defence minister with a difference

Rediff.com20 Mar 2019

'He consulted widely, both formally and informally and acted quickly on pragmatic suggestions.' 'To his credit, Parrikar took the initiative to reduce excessive litigation against armed forces veterans and widow over small sums of pensionary and disability benefits,' points out says Brigadier Gurmeet Kanwal (retd).

BJP's Pramod Sawant takes oath as Goa CM at 2 am

BJP's Pramod Sawant takes oath as Goa CM at 2 am

Rediff.com19 Mar 2019

As per the power-sharing arrangement, Goa Forward Party chief Vijai Sardesai and Maharashtrawadi Gomantak Party MLA Sudin Dhavalikar will be the deputy chief ministers.

IL&FS board readies turnaround plan

IL&FS board readies turnaround plan

Rediff.com23 Oct 2018

JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward

4 money lessons you can learn from President Barack Obama

4 money lessons you can learn from President Barack Obama

Rediff.com12 Mar 2015

Here's what the 44th President of the United States can teach you about making money.

Sheena Bora case: Why did her lawyers give Indrani a drubbing?

Sheena Bora case: Why did her lawyers give Indrani a drubbing?

Rediff.com28 Feb 2020

Indrani dressed in a short purple kurta and leggings, with a bandhini green-purple chunni, sindhoor glowing in her mang, was receiving a drubbing from her lawyers for the facts she had revealed before the court on Tuesday while arguing the rejoinder to her bail application. She was insisting: "But he asked me for a motive!"

'I have lived on the edge for too long'

'I have lived on the edge for too long'

Rediff.com13 Sep 2017

'The stereotype of an actress is that she's dumb, somebody who will sit on your lap, giggle on stupid jokes, come to the van when she's being called, receive a call at 3am and come over to your house. So when a girl comes along and challenges this, people get uncomfortable.'

'We want to prevent Pak from training Kashmiri youth'

'We want to prevent Pak from training Kashmiri youth'

Rediff.com13 Aug 2020

'It's a matter of great pride that no student of Army Goodwill Schools has ever joined terrorism.'

Sahara says submissions to SC can't be subject of media trial

Sahara says submissions to SC can't be subject of media trial

Rediff.com25 Mar 2015

Sahara was to provide a bank guarantee from HSBC.