News for 'sec'

Puja Khedkar's mother in police custody; Sec 307 added to FIR

Puja Khedkar's mother in police custody; Sec 307 added to FIR

Rediff.com18 Jul 2024

Cops also called Manorama, her husband Dilip and three others, all shown as accused in the FIR, as "influential and politically active" persons, in the court in Paud that remanded Manorama in police custody till July 20.

SIT to probe Pak man linked to Cong MP Gogoi's wife

SIT to probe Pak man linked to Cong MP Gogoi's wife

Rediff.com17 Feb 2025

The Assam Cabinet on Sunday had decided not to register any case against the Congress MP or his British spouse, who the BJP has accused of having ISI links, but instructed the DGP to file an FIR against Pakistani national Ali Tauqeer Sheikh.

Adani crisis: No negative actions so far by lenders, investors, says Crisil

Adani crisis: No negative actions so far by lenders, investors, says Crisil

Rediff.com29 Nov 2024

Backing embattled Adani Group, rating agency CRISIL Ratings on Friday said the conglomerate has sufficient liquidity and operational cash flows to meet debt obligations and committed capex and that there has been no negative actions so far by lenders and investors following the US indictment of group founder chairman. The Adani Group, which has the flexibility to reduce certain discretionary capital expenditure (capex) depending on developments in financial markets and future capital availability, has a healthy Ebitda and cash balance that reduces its dependence on external debt to sustain operations, it said in a bulletin.

The North-South Battle Gets Ugly

The North-South Battle Gets Ugly

Rediff.com20 Mar 2025

With its age-old fascination for education, southern states have done better than the North. Start-ups, IT hubs, and industry majors setting up shop have changed the face of the South. Nearly 79% of global offices set up by international conglomerates in India are in the South. Almost 46% of tech unicorns are from the South. The GDP per person in the South is 4.2 times higher than the North. None of these indicators can be ignored by any central government, whatever the political compulsions, notes Ramesh Menon.

'How Can I Save Tax If I Earn Less Than Rs 10L?'

'How Can I Save Tax If I Earn Less Than Rs 10L?'

Rediff.com28 Jan 2025

rediffGURU T S Khurana answers readers' personal income tax queries.

The World Nature Photographs Of The Year

The World Nature Photographs Of The Year

Rediff.com25 Feb 2025

From stunning animal portraits to captivating glimpses of behaviour in their natural habitat, the World Nature Photography Awards contest showcases the intricate relationship between animals, plants, fungi, and humans.

AAP workers marching towards BJP HQ detained, Sec 144 imposed

AAP workers marching towards BJP HQ detained, Sec 144 imposed

Rediff.com19 May 2024

The traffic police also issued an advisory in view of the protest planned outside the BJP office at the Deen Dayal Upadhyay Marg, while entry and exit have been disallowed at the nearest ITO metro station.

Adani, nephew not charged with bribes in US: Group

Adani, nephew not charged with bribes in US: Group

Rediff.com27 Nov 2024

Billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the US Foreign Corrupt Practices Act (FCPA) in the indictment filed by US authorities in a court in a bribery case, the Adani Group said on Wednesday.

Rating agencies Moody's, Fitch cut outlook on Adani firms

Rating agencies Moody's, Fitch cut outlook on Adani firms

Rediff.com26 Nov 2024

Ratings agency Moody's said on Tuesday that it has cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable', citing the US indictment of chairman Gautam Adani and others on alleged bribery charges, while Fitch Ratings put some bonds of the conglomerate on negative watch. Moody's affirmed the ratings on all seven entities -- Adani Ports and Special Economic Zone Ltd, two limited restricted groups of Adani Green Energy Ltd, Adani Transmission Step-One Ltd, Adani Transportation Restricted group 1 (AESL RG1), Adani Electricity Mumbai Ltd and Adani International Container Terminal Pvt Ltd.

Lokayukta police book Karnataka CM Siddaramaiah in MUDA case

Lokayukta police book Karnataka CM Siddaramaiah in MUDA case

Rediff.com28 Sep 2024

Congress president M Mallikarjun Kharge, meanwhile, came to Siddaramaiah's defence, stating that the party is standing with him and will support him.

'Are ULIP Returns Taxable?'

'Are ULIP Returns Taxable?'

Rediff.com25 Nov 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Stock exchanges seek clarification on disclosure violations by Adani Group entities

Stock exchanges seek clarification on disclosure violations by Adani Group entities

Rediff.com22 Nov 2024

Stock exchanges have sought clarification on violation of disclosure norms by Adani Group entities regarding the alleged bribery case in the US and subsequent cancellation of Kenya's airport expansion deal. In its response to the case in the US, Adani Group firms on Thursday had said "there are no allegations made against the company". On clarification with regard to Kenya cancelling airport expansion and energy deals following the US bribery and fraud indictments, the group is yet to respond to the bourses.

Turbulence-hit Singapore Airlines flight dropped 178 ft in 4.6 secs

Turbulence-hit Singapore Airlines flight dropped 178 ft in 4.6 secs

Rediff.com29 May 2024

Investigators found that the aircraft, a Boeing 777-300ER, was flying at its cruise altitude of 37,000 ft south of Myanmar and near an area of developing storms in the afternoon when turbulence started to cause fluctuations between +0.44g and +1.57g for 19 seconds.

Every attack makes us stronger: Adani speaks up for first time

Every attack makes us stronger: Adani speaks up for first time

Rediff.com1 Dec 2024

"Less than two week back, we faced a set of allegations from the US about compliance practices. This is not the first time we have faced such challenges. What I can tell you is that every attack makes us stronger," he said addressing the 51st Gems and Jewellery Award in Jaipur.

Adani Charges Test For US Legal System

Adani Charges Test For US Legal System

Rediff.com25 Nov 2024

US prosecutors' case against Gautam Adani and others may stumble on the extraterritorial application of American law.

Adani stocks' mcap erodes by Rs 2.45 lakh cr

Adani stocks' mcap erodes by Rs 2.45 lakh cr

Rediff.com21 Nov 2024

Adani group stocks faced heavy drubbing during the early trade on Thursday, with Adani Energy and Adani Enterprises tumbling 20 per cent, as billionaire Gautam Adani has been charged by US prosecutors over his role in an alleged years-long scheme to pay $250 million bribe to Indian officials in exchange for favourable terms for solar power contracts. The stock of the group's flagship firm Adani Enterprises plunged 20 per cent, Adani Energy Solutions tanked 20 per cent, Adani Green Energy plummeted 19.17 per cent, Adani Total Gas tumbled 18.14 per cent, Adani Power slumped 17.79 per cent, and Adani Ports dived 15 per cent on the BSE.

Panchayat polls: Bengal SEC orders re-election in 690 booths amid violence

Panchayat polls: Bengal SEC orders re-election in 690 booths amid violence

Rediff.com9 Jul 2023

The SEC, which held a meeting on Sunday evening, went through reports of vote-tampering and violence which affected polling in many places, and passed the order, an official said.

All you want to know about G-Secs

All you want to know about G-Secs

Rediff.com19 Feb 2021

There are, however, a few aspects to factor in before considering G-Secs as an investment option, advises Bindisha Sarang.

Gangster-politician Mukhtar Ansari dead, Sec 144 imposed across UP

Gangster-politician Mukhtar Ansari dead, Sec 144 imposed across UP

Rediff.com29 Mar 2024

Ansari was taken to the Rani Durgavati Medical College in Banda from the district jail after his health deteriorated.

Should You Invest In Gilt Funds?

Should You Invest In Gilt Funds?

Rediff.com4 Jul 2024

By taking the mutual fund route, investors can take exposure to gilts with small amounts. Over a decade or more, returns from these funds tend to be sound.

Banks shift bets from G-secs to state and corporate bonds

Banks shift bets from G-secs to state and corporate bonds

Rediff.com11 Apr 2024

Banks are preferring instruments with higher premium over government securities for their held-till-maturity (HTM) portfolio, following the new investment norms, which came into effect from April 1. They are stocking up on corporate bonds and state government securities to boost yield on their portfolio, according to market participants. "Definitely, if there is a good spread available and without lower credit risk, those instruments will be favoured to boost the yield on the portfolio.

Sec 144 imposed in T'gana town after communal clash ahead of Bakrid; 13 held

Sec 144 imposed in T'gana town after communal clash ahead of Bakrid; 13 held

Rediff.com16 Jun 2024

The situation has been brought under control and remains peaceful, the police said on Sunday.

J P Morgan to add G-Secs to its emerging markets index from next year

J P Morgan to add G-Secs to its emerging markets index from next year

Rediff.com22 Sep 2023

Global financial firm J P Morgan has said that it plans to include Indian government bonds (IGBs) or government securities (G-Secs) into its benchmark Emerging Market index from next year, a move that will bring down borrowing cost for the government. The inclusion of the IGBs will be staggered over a 10-month period from June 28, 2024 to March 31, 2025, indicating one per cent increment on its index weight. "India's weight is expected to reach the maximum weight threshold of 10 per cent in the GBI-EM Global Diversified, and approximately 8.7 per cent in the GBI-EM Global index," J P Morgan said in a statement on Friday.

US charges against Adani could lead to arrest warrants: NY attorney

US charges against Adani could lead to arrest warrants: NY attorney

Rediff.com22 Nov 2024

With the US filing civil and criminal charges against billionaire Gautam Adani and seven others over a multi-million-dollar bribery scheme, a prominent attorney here has said that the case could escalate significantly, potentially leading to arrest warrants and even extradition attempts. Adani, India's second-richest man, and seven others, including his nephew Sagar Adani, have been charged by the US Department of Justice with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion in profit over 20 years.

Govt likely to bring 3 bills to implement 'one nation, one election' plan

Govt likely to bring 3 bills to implement 'one nation, one election' plan

Rediff.com29 Sep 2024

The proposed first constitutional amendment bill would deal with making provisions for holding Lok Sabha and state legislative assembly elections together.

Adani charges: Cong seeks probe, BJP questions timing

Adani charges: Cong seeks probe, BJP questions timing

Rediff.com21 Nov 2024

With billionaire Gautam Adani charged in the United States with alleged bribery and fraud, the Congress on Thursday said it 'vindicates' its demand for a Joint Parliamentary Committee investigation into the various 'scams' involving his conglomerate.

Kashmir Marathon: '42 kilometres in a paradise!'

Kashmir Marathon: '42 kilometres in a paradise!'

Rediff.com20 Oct 2024

Around 2000 runners, including 59 internationals athletes, took part in the inaugural Kashmir Marathon in Srinagar.

Russia's Sputnik Light vaccine gets phase 3 SEC trial nod

Russia's Sputnik Light vaccine gets phase 3 SEC trial nod

Rediff.com15 Sep 2021

The Subject Expert Committee (SEC) under the Central Drugs Standard Control Organisation has recommended the conduct of Phase III clinical trials of Russia's single dose COVID-19 vaccine Sputnik Light.

Mercedes Benz classics take over Mumbai's streets!

Mercedes Benz classics take over Mumbai's streets!

Rediff.com25 Nov 2024

The 11th edition of the Mercedes-Benz Classic Car Rally in Mumbai on Sunday featured headturners that left the audience gasping in awe. Rajesh Alva/Rediff.com presents a ringside view.

Farmers' march: Sec 144 imposed in Delhi for a month

Farmers' march: Sec 144 imposed in Delhi for a month

Rediff.com12 Feb 2024

There will be a complete ban on gathering, processions or rallies and entry of tractor trolleys carrying people in the national capital as the Delhi Police has imposed Section 144 for a month in the view of intended widespread tension and 'social unrest' due to the farmers' 'Delhi Chalo March' on Tuesday.

Trump picks anti-vaccine activist as health secretary

Trump picks anti-vaccine activist as health secretary

Rediff.com15 Nov 2024

President-elect Donald Trump announced a slate of key Cabinet nominations, including tapping former Democratic presidential candidate Robert F. Kennedy Jr. as his Secretary of Health and Human Services and former Congressman Doug Collins of Georgia as Secretary for Veterans Affairs. Trump also named Jay Clayton as US Attorney for the Southern District of New York, Todd Blanche as Deputy Attorney General, and Dean John Sauer as Solicitor General of the United States.

Tejasvi Surya becomes first MP to complete Ironman 70.3 challenge

Tejasvi Surya becomes first MP to complete Ironman 70.3 challenge

Rediff.com28 Oct 2024

Bharatiya Janata Party MP Tejasvi Surya on Sunday, became the first public representative to complete the Ironman 70.3 Challenge in Goa, which included 2 km of swimming, 90 km of cycling, and 21 km of running, the leader's office stated in a release.

Indians disappoint in men's 20km race walk at Olympics

Indians disappoint in men's 20km race walk at Olympics

Rediff.com1 Aug 2024

India's Vikash Singh and Paramjeet Singh finished at lowly 30th and 37th positions respectively while national record-holder Akshdeep Singh pulled out after the 6km mark in Paris

What are Dynamic Bond Funds?

What are Dynamic Bond Funds?

Rediff.com7 Nov 2024

'A dynamic bond fund acts like a gilt fund in a rate cut scenario and like a conservative short-term bond fund when rates rise.'

RBI proposes to tighten banks' LCR norms, releases draft guidelines

RBI proposes to tighten banks' LCR norms, releases draft guidelines

Rediff.com26 Jul 2024

In view of the rising number of mobile and internet banking users, the Reserve Bank of India (RBI) has proposed to tighten norms related to the liquidity coverage ratio (LCR) by increasing the run-off factor for retail deposits. "Banking has undergone rapid transformation in recent years. "While increased usage of technology has facilitated the ability to make instantaneous bank transfers and withdrawals, it has also led to a concomitant increase in risks, requiring proactive management," the RBI said in the draft guidelines released on Thursday.

Bank of America hit by graft charge on India stock deals

Bank of America hit by graft charge on India stock deals

Rediff.com6 Sep 2024

Bank of America has been hit by a whistleblower complaint that its officials in Asia had shared "non-public information" with investors "before the bank sold hundreds of millions of dollars of stock", reports the Wall Street Journal.

US Accuses Adani Of Bribing Officials

US Accuses Adani Of Bribing Officials

Rediff.com21 Nov 2024

Gautam Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion profit over 20 years.

Sec 144 clamped in Bengal village after protests for TMC leader's arrest

Sec 144 clamped in Bengal village after protests for TMC leader's arrest

Rediff.com10 Feb 2024

Local women with sticks and brooms in their hands took out processions in different areas of Sandeshkhali as the protests intensified on the second day on Friday.

Cricket, hockey, shooting, badminton dropped from CWG

Cricket, hockey, shooting, badminton dropped from CWG

Rediff.com22 Oct 2024

In a body blow to India's medal prospects in the Commonwealth Games, key sports such as hockey, badminton, wrestling, cricket and shooting have been dropped from the 2026 edition by host city Glasgow, which unveiled a pruned roster of 10 disciplines to keep the event budget-friendly.

HC lifts Sec 144 in Sandeshkhali, takes up abuse case on its own

HC lifts Sec 144 in Sandeshkhali, takes up abuse case on its own

Rediff.com13 Feb 2024

The Calcutta high court on Tuesday set aside the promulgation of prohibitory orders under Section 144 of CrPC at Sandeshkhali, which has been witnessing protests over the last one week.