News for 'look out circular'

Brokers target March-end for secondary mkt ASBA

Brokers target March-end for secondary mkt ASBA

Rediff.com7 Jan 2024

Investors may have to wait a little longer for Unified Payments Interface (UPI)-based block mechanism in the secondary market even as the market regulator has set the effective launch date as January 1, 2024. Several brokerage firms said they may take a few months more to implement it. Investors will be able to register for this facility only if the stock broker has opted for the UPI block facility.

NSE withdraws plan to move Nifty Bank derivative contracts to Friday

NSE withdraws plan to move Nifty Bank derivative contracts to Friday

Rediff.com28 Jun 2023

The National Stock Exchange (NSE) has withdrawn its decision to change the expiry day for Bank Nifty derivatives contracts from Thursday to Friday. The move follows a "request" from the BSE, which settles its Sensex and Bankex derivatives contracts on Friday. The proposed change in Bank Nifty settlement was scheduled to be effective from July 6 with the first weekly expiry on July 14.

Govt to consider PLI scheme for chemical and petrochemical industry: FM

Govt to consider PLI scheme for chemical and petrochemical industry: FM

Rediff.com27 Jul 2023

Finance Minister Nirmala Sitharaman on Thursday said the government will consider the Production Linked Incentive (PLI) scheme for Chemicals and Petrochemicals sector to make India a manufacturing hub for such products. In view of stringent pollution control regulations and rising labour cost, she said, global manufacturers in the chemical industry are looking at diversifying their products and production capability and India stands out as an alternative destination for manufacturing. Besides, India offers a large domestic market, she said while addressing the third edition of the summit on 'Global Chemicals and Petrochemicals Manufacturing Hubs in India'.

Aakar Patel stopped at airport again despite court order

Aakar Patel stopped at airport again despite court order

Rediff.com8 Apr 2022

The court on Thursday directed the CBI to withdraw a Look-Out Circular issued against Patel in a case of an alleged violation of the Foreign Contributions Regulation Act and apologise to him.

'No government ever stooped so low'

'No government ever stooped so low'

Rediff.com30 Oct 2023

'It is violation of the Model Code of Conduct.' 'It is a penal offence under the IPC to exert undue influence on voters.' 'Under the election law, it is a corrupt practice.'

Hurrah For These Women Achievers!

Hurrah For These Women Achievers!

Rediff.com22 Feb 2024

More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.

Door Looks SHUT For Corporate Run Banks

Door Looks SHUT For Corporate Run Banks

Rediff.com29 Sep 2021

It may be a 'no-go' for banking licences to large industrial houses.

Cong criticises architecture of new Parliament building, BJP hit back

Cong criticises architecture of new Parliament building, BJP hit back

Rediff.com23 Sep 2023

Congress general secretary Jairam Ramesh alleged that the new Parliament building should be called a 'Modi Multiplex or Modi Marriot'.

Aakar Patel sues CBI for contempt as agency challenges relief

Aakar Patel sues CBI for contempt as agency challenges relief

Rediff.com8 Apr 2022

The Central Bureau of Investigation on Friday approached a Delhi court seeking revision of its order directing the agency to withdraw a Look Out Circular issued against Aakar Patel even as the activist filed a contempt plea against the agency, stating that he was not allowed to leave the country once again despite the court's order.

Who Will Admit To Committing Fraud?

Who Will Admit To Committing Fraud?

Rediff.com27 Apr 2023

Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money. Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.

Air India issues new grooming guidelines for cabin crew

Air India issues new grooming guidelines for cabin crew

Rediff.com24 Nov 2022

Tata group-owned Air India has issued new guidelines on grooming for its male and female cabin crew, including barring them from sporting black and religious thread on the wrist, neck and ankle. Among others, the airline has told the crew that they should not have grey hair and must be regularly coloured in natural shade. "Religious rings with coloured stones and pearls, nose-pins and neck jewellery" along with thumb rings are not allowed.

Why Is The Modi Sarkar Mum On The Security Breach?

Why Is The Modi Sarkar Mum On The Security Breach?

Rediff.com19 Dec 2023

Maybe, the need for secrecy may have tied the government's hand from sharing details in Parliament. Still, it should consider the need of sharing the utmost within any consultative committee, so that relative secrecy is still maintained. But such a course should involve the prime minister or home minister, as it is much more serious than is being made out to be, argues N Sathiya Moorthy.

SC cancels LOC against TMC's Abhishek Banerjee, wife

SC cancels LOC against TMC's Abhishek Banerjee, wife

Rediff.com28 Jul 2023

The Supreme Court on Friday ordered withdrawal of the Look Out Circular (LOC) issued against Trinamool Congress MP Abhishek Banerjee and his wife Rujira in connection with the money laundering cases against them linked to an alleged coal smuggling scam in West Bengal.

Actor Kamal R Khan arrested over 'defamatory' tweet

Actor Kamal R Khan arrested over 'defamatory' tweet

Rediff.com30 Aug 2022

Khan was nabbed from the Mumbai airport late Monday night after he arrived from Dubai.

SC can't be used as platform to escalate tension in Manipur: CJI

SC can't be used as platform to escalate tension in Manipur: CJI

Rediff.com10 Jul 2023

The SC said at most it can give directions to the authorities to make the situation better and for that it needs assistance of different groups and positive suggestions.

Abhay's AMAZING Ganpati

Abhay's AMAZING Ganpati

Rediff.com9 Sep 2022

Abhay Gaikwad from Punawale, Pune, decided to do something special for Ganeshotsav this year.

China Will Never Get Ladakh!

China Will Never Get Ladakh!

Rediff.com31 Oct 2023

'It is flabbergasting to think that this heavenly region has, for decades, been coveted by India's aggressive neighbours,' says Claude Arpi after a recent visit to Ladakh. 'Wanting to use the newly created infrastructure to defend the borders after the clash of 2020 with China and the resulting standoffs, the home ministry is keen to boost border tourism to show that these areas are controlled by India.'

'There will always be some unknowns, but our scientists are well equipped to handle any challenges'

'There will always be some unknowns, but our scientists are well equipped to handle any challenges'

Rediff.com25 Jul 2023

'ISRO takes a very cautious approach.' 'After reaching the moon, the orbit has to be brought down from a single elliptical orbit to a circular orbit while simultaneously ensuring the stability of Chandrayaan 3 and the health parameters of the lander and rover.'

NBFC business has to hit the reset button after RBI strengthens norms

NBFC business has to hit the reset button after RBI strengthens norms

Rediff.com11 Dec 2023

"We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources," says Vimal Bhandari, executive vice-chairman and chief executive officer (CEO), Arka Fincap. The firm, a subsidiary of Kirloskar Oil, is only five years old and small (assets of around Rs 5,000 crore with an "AA" rating), but the response to this float will be closely watched: It would be the first by a non-banking finance company (NBFC) after Mint Road upped the risk weights on bank exposures to them by 25 percentage points. The move by the Reserve Bank of India (RBI) has caught NBFCs off guard even though the issue had been flagged by Governor Shaktikanta Das with their corner-room occupants (and that of banks) in July and August 2023 - on consumer credit and the dependency on bank borrowings.

Picture-Perfect Janhvi, Graceful Kriti

Picture-Perfect Janhvi, Graceful Kriti

Rediff.com4 Nov 2022

The week's best from the fashion circuit.

Noida: Ex-IIS officer kills lawyer wife over property

Noida: Ex-IIS officer kills lawyer wife over property

Rediff.com11 Sep 2023

A 61-year-old lawyer suffering from cancer was found dead inside her house in Noida in a posh locality, with the police Monday arresting her former Indian Information Service (IIS) officer husband and charged him with the murder.

World entering a highly disruptive green energy era, says Mukesh Ambani

World entering a highly disruptive green energy era, says Mukesh Ambani

Rediff.com7 Aug 2023

Reliance Industries (RIL's) annual report released on Sunday highlighted the company's focus on new energy solutions, with chairman and managing director (MD) Mukesh Ambani stating that the age of fossil fuels will not continue much longer. RIL has sought shareholders' approval to give Ambani another five-year term as MD till 2029 at nil salary. The recently demerged Jio Financial Services, which "will leverage the prowess of digital and retail businesses", was expected to be listed soon.

What I Discover When I Open A Heart?

What I Discover When I Open A Heart?

Rediff.com28 Sep 2023

We should fill our heart with things that we will be proud of when anyone opens our hearts -- fill it with love rather than hate, fill it with confidence rather than fear, with care rather than apathy, with warmth rather than indifference, suggests Cardiac Surgeon Dr Sanjeeth Peter.

What Are Teddy Bears Doing On The Ramp?

What Are Teddy Bears Doing On The Ramp?

Rediff.com9 May 2022

Welcome to Designer Thom Browne's Teddy Talk.

After killing wife, ex-IIS officer hid in store room

After killing wife, ex-IIS officer hid in store room

Rediff.com12 Sep 2023

As dramatic as it gets, but a former Indian Information Service (IIS) officer kept hiding inside a store room for more than 10 hours after killing his wife even as police teams along with a dog squad searched his property.

Colocation case: NSE receives Rs 300 crore from Sebi

Colocation case: NSE receives Rs 300 crore from Sebi

Rediff.com24 May 2023

The National Stock Exchange (NSE) has received Rs 300 crore from the Securities and Exchange Board of India (Sebi) following relief from the Supreme Court (SC), which is hearing an appeal by the market regulator in the colocation case. The court on March 20 asked Sebi to return Rs 300 crore to the NSE from the Rs 1,107 crore the exchange had deposited as part of the disgorgement in the case. The NSE had given an undertaking that it will return the entire amount to Sebi if the latter wins its appeal before the SC.

SC to hear Rana Ayyub's plea against ED summons on Monday

SC to hear Rana Ayyub's plea against ED summons on Monday

Rediff.com22 Jan 2023

Grover had said a summons was issued by the special court in Ghaziabad against Ayyub for January 27 and therefore the matter be listed urgently.

SC to hear Rana Ayyub's plea against ED summons

SC to hear Rana Ayyub's plea against ED summons

Rediff.com17 Jan 2023

The Supreme Court on Tuesday agreed to hear the petition of journalist Rana Ayyub challenging the summons issued to her by a special Prevention of Money Laundering Act (PMLA) court in Ghaziabad in a money laundering case lodged against her by the Enforcement Directorate (ED).

Party-Ready Handbags

Party-Ready Handbags

Rediff.com16 Dec 2021

Bag trends that will stay relevant through 2022.

'Mother Teresa must have been God incarnate'

'Mother Teresa must have been God incarnate'

Rediff.com10 Oct 2023

'When one was with Mother, one realised you were with somebody who was the nearest person to God.' 'She must have been God incarnate.'

A Film About Sex Not Seen In India Before

A Film About Sex Not Seen In India Before

Rediff.com26 Oct 2023

'Agra is about sexuality and sexual repression, and the relationship of sexuality to the physical spaces that we are in.'

Narco-terror nexus: NIA raids 324 places in 9 states, UTs; several detained

Narco-terror nexus: NIA raids 324 places in 9 states, UTs; several detained

Rediff.com17 May 2023

The NIA had registered three cases last year following information suggesting that terrorist outfits and their sympathisers abroad were operating as members of organised criminal gangs active in the northern states of India for targeted killings and violent criminal acts.

Amritpal obtained new clothes at gunpoint, fled on motorised cart

Amritpal obtained new clothes at gunpoint, fled on motorised cart

Rediff.com23 Mar 2023

Ranjit Singh, the granthi (Sikh priest), said in his complaint with police that the 'Waris Punjab De' chief and his three aides entered the gurdwara and demanded clothes of his son at gunpoint to change his appearance.

'Markets may remain sideways'

'Markets may remain sideways'

Rediff.com29 Aug 2022

'The idea is to invest where there is opportunity.'

'The trick is to look forward with excitement, then you're alive all the time'

'The trick is to look forward with excitement, then you're alive all the time'

Rediff.com26 Sep 2022

Varsha Bhosle salutes that effervescent icon of Indian cinema, Dev Anand.

Will see if new unparliamentary words list is enforced: Tharoor

Will see if new unparliamentary words list is enforced: Tharoor

Rediff.com17 Jul 2022

Amid the row over a new set of unparliamentary words, senior Congress leader Shashi Tharoor Sunday said he would treat the list as indicative rather than definitive, and 'speak normally' in the House and see whether it is applied in a 'draconian manner' to stifle meaningful criticism.

'Stay invested, buy quality stocks, exit weaker ones'

'Stay invested, buy quality stocks, exit weaker ones'

Rediff.com25 Aug 2021

'Stocks of weaker companies may see the correction continue, but the ones that are relatively bigger and stronger will see investor interest come back.'

Apple to unveil 3 watches, rugged Apple Watch Pro

Apple to unveil 3 watches, rugged Apple Watch Pro

Rediff.com25 Jul 2022

Apple will launch three new watches this year, including the Apple Watch 8, an updated SE, and a tough Pro watch, according to Bloomberg analyst Mark Gurman. According to reports by GSM Arena, the Apple Watch Pro has the first fresh look since 2018. However, it won't be all that novel because it will maintain its rectangular shape (rather than changing to a circular one) and won't have flat edges as some speculations claimed.

Asymptomatic passengers won't be tested on arrival: Maha govt

Asymptomatic passengers won't be tested on arrival: Maha govt

Rediff.com24 Dec 2020

The circular amended the Standard Operating Protocol (SOP) issued for dealing with passengers arriving from these regions on December 21 following the detection of a new variant of coronavirus in the UK.

CBI looking into RBI's rationale for rushing 20:80 gold import scheme

CBI looking into RBI's rationale for rushing 20:80 gold import scheme

Rediff.com9 Apr 2018

CBI officials, who questioned former RBI deputy governor H R Khan on Friday, wanted to understand from him why the gold scheme was rushed through without taking into the account the impact and potential misuse.