News for 'settlement'

Raut says rebels fighting over Union ministry, claims 'Rs 25 crore settlement'

Raut says rebels fighting over Union ministry, claims 'Rs 25 crore settlement'

Rediff.com19 Jun 2026

Shiv Sena-UBT leader Sanjay Raut has made explosive claims of a Rs 25 crore deal for dissident MPs who miss out on Union ministerial berths, highlighting growing rifts within Maharashtra's political landscape. Six Sena-UBT MPs are expected to join the Eknath Shinde-led Shiv Sena, with Aaditya Thackeray calling them 'shameless, ungrateful and corrupt'.

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com19 May 2026

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

NCLAT Rejects MMTC's Challenge to NSEL Settlement Scheme

NCLAT Rejects MMTC's Challenge to NSEL Settlement Scheme

Rediff.com30 Mar 2026

The National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal by MMTC, challenging the settlement scheme between National Spot Exchange Ltd (NSEL) and its traders, affirming the earlier approval by the NCLT and the Supreme Court.

Major Step For Indus Valley Civilisation Research

Major Step For Indus Valley Civilisation Research

Rediff.com5 days ago

Human skeletal remains from the ancient Indus-Saraswati Civilisation site of Rakhigarhi in Haryana have been formally transferred by the Archaeological Survey of India (ASI) to the Anthropological Survey of India (AnSI) for detailed scientific investigation. This transfer, under a new MoU, aims to advance multidisciplinary research into one of the largest known settlements of the Indus-Saraswati Civilisation, with archaeologists having uncovered eight burials, including three complete skeletons, during recent excavations.

Sebi Reintroduces Open-Market Buybacks, Eases Debt Listing Norms

Sebi Reintroduces Open-Market Buybacks, Eases Debt Listing Norms

Rediff.com6 days ago

India's market regulator, Sebi, has approved the re-introduction of open-market share buybacks through stock exchanges, effective August 1, 2026, alongside easing debt listing norms for RBI-regulated entities and simplifying rules for mutual funds and alternative investment funds.

NSE IPO: Draft Papers Likely Next Week After Decade-Long Delay

NSE IPO: Draft Papers Likely Next Week After Decade-Long Delay

Rediff.com14 Jun 2026

The National Stock Exchange (NSE) is expected to file its preliminary IPO papers with Sebi next week, marking a significant step forward for the long-awaited public offering which has been delayed for nearly a decade due to regulatory issues.

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Rediff.com3 days ago

Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.

Rupee's Internationalisation: RBI Report Highlights Increased Use in Trade

Rupee's Internationalisation: RBI Report Highlights Increased Use in Trade

Rediff.com29 May 2026

The Reserve Bank of India (RBI) has reported a significant increase in the use of the Indian Rupee (INR) for import and export invoicing and settlement, highlighting its growing internationalisation and mutual benefits for trading partners.

Mumbai's BEST bus services remain below normal despite strike recall

Mumbai's BEST bus services remain below normal despite strike recall

Rediff.com6 days ago

Despite BEST employees calling off their indefinite strike, Mumbai's bus services remained significantly below normal on Monday morning, with only 57% of the scheduled fleet operational. Commuters experienced long waits, leading many to seek alternative transport. The strike ended after an agreement with Deputy CM Eknath Shinde, which included interim pay hikes and commitments for future improvements and clearing dues.

Gurugram Police Cracks Down On Illegal Bangladeshi Residents

Gurugram Police Cracks Down On Illegal Bangladeshi Residents

Rediff.com10 Jun 2026

Gurugram police have launched a special verification drive to identify and take legal action against Bangladeshi nationals residing unlawfully in the city. The campaign involves checking documents in various residential and commercial areas, with an appeal for public cooperation.

How AI Is Transforming Wildlife Protection In Rajasthan

How AI Is Transforming Wildlife Protection In Rajasthan

Rediff.com14 Jun 2026

Rajasthan's forest department is implementing an AI-based surveillance system across its wildlife sanctuaries to enhance anti-poaching efforts and monitor animal movement. The system, utilising thermal cameras, drones, and advanced software, provides 24x7 monitoring, helps prevent human-wildlife conflict through real-time alerts, and strengthens the fight against wildlife crime. Installations are being rolled out in phases across key protected areas, with advanced cameras capable of identifying individual animals and suspicious activities.

Is All Well With US-Iran MoU?

Is All Well With US-Iran MoU?

Rediff.com20 Jun 2026

Much will depend on how the protagonists use the current interlude to work proactively for the beginning of a durable settlement or, on the contrary, prepare for a new round of escalation, points out Ambassador M K Bhadrakumar.

US-Iran peace deal: Tehran gives up nuke bid, wins sanctions relief

US-Iran peace deal: Tehran gives up nuke bid, wins sanctions relief

Rediff.com18 Jun 2026

The United States and Iran have reached an agreement in principle to immediately and permanently halt all military operations, lift sanctions, and work towards a comprehensive final agreement within 60 days, including a significant reconstruction package for Iran.

NSE IPO Set To Mint Fortunes

NSE IPO Set To Mint Fortunes

Rediff.com19 Jun 2026

With momentum building around the IPO, the NSE saw a surge in retail investors in the last two years, making it one of the widely traded stocks in the unlisted market.

Byju's Founder Byju Raveendran Sentenced to Jail in Singapore for Contempt of Court

Byju's Founder Byju Raveendran Sentenced to Jail in Singapore for Contempt of Court

Rediff.com27 May 2026

Byju Raveendran, founder of the embattled edtech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt of court over alleged non-compliance with disclosure orders, a ruling he described as "procedural" and plans to appeal.

Delhi Fires Reveal A Grim Reality

Delhi Fires Reveal A Grim Reality

Rediff.com2 days ago

We have built an economy that can deliver everything -- from iPhones to biryani -- to a doorstep in 10 minutes, but it cannot deliver a fire engine through a lane in 20, points out Amit Kapoor.

Gurugram Police To Launch Drive Against Illegal Bangladeshi Migrants

Gurugram Police To Launch Drive Against Illegal Bangladeshi Migrants

Rediff.com4 Jun 2026

Gurugram police are initiating a special verification drive to identify and deport Bangladeshi migrants residing unlawfully in the city. The campaign will involve inspections across various areas, and residents are encouraged to report illegal foreign nationals and ensure police verification for tenants and employees, with authorities prioritising national security.

Gurugram Police To Launch Drive Against Illegal Bangladeshi Migrants

Gurugram Police To Launch Drive Against Illegal Bangladeshi Migrants

Rediff.com4 Jun 2026

Gurugram police are initiating a special verification drive to identify and deport Bangladeshi migrants residing unlawfully in the city. The campaign will involve inspections across various areas, and residents are encouraged to report illegal foreign nationals and ensure police verification for tenants and employees, with authorities prioritising national security.

Starmer Calls for Iran Settlement, Sends More Jets to West Asia

Starmer Calls for Iran Settlement, Sends More Jets to West Asia

Rediff.com5 Mar 2026

British Prime Minister Keir Starmer has called for a negotiated settlement with Iran and deployed additional fighter jets to West Asia to strengthen the UK's defensive operations.

'An Indian and a Pakistani': Who are the two key people in JD Vance's life?

'An Indian and a Pakistani': Who are the two key people in JD Vance's life?

Rediff.com6 days ago

US Vice President JD Vance on Sunday generated significant online traction after making a light-hearted reference to two "very, very important" Indian and Pakistani people in his life - his wife Usha Vance and Pakistani Army chief Asim Munir, on the sidelines of the US-Iran diplomatic deliberations in Switzerland.

Ex-PM IK Gujral's son Naresh duped of Rs 7.8 cr in cyber scam

Ex-PM IK Gujral's son Naresh duped of Rs 7.8 cr in cyber scam

Rediff.com18 Jun 2026

Former Rajya Sabha MP Naresh Gujral was allegedly duped of Rs 7.8 crore after cyber fraudsters impersonated him on a messaging app and tricked his company's chief financial officer into transferring funds to multiple bank accounts, the police said on Thursday.

Residents sleep on Mumbai beach to escape extreme heat

Residents sleep on Mumbai beach to escape extreme heat

Rediff.com19 Jun 2026

As Mumbai grapples with rising temperatures and humidity, many slum dwellers are spending their nights on Versova beach to escape the unbearable heat in their poorly ventilated homes, with the India Meteorological Department (IMD) forecasting a gradual rise in temperatures before a decline, and a yellow alert for isolated rainfall.

Decentro Secures Key Licence For Global Payment Services

Decentro Secures Key Licence For Global Payment Services

Rediff.com1 Jun 2026

Fintech platform Decentro has received final approval for a Payment Service Provider (PSP) licence from the IFSCA at GIFT City, enhancing its cross-border payment capabilities.

ED summons Pinarayi Vijayan's daughter for questioning

ED summons Pinarayi Vijayan's daughter for questioning

Rediff.com9 Jun 2026

The investigation pertains to alleged irregularities in CMRL's financial transactions and its links with Veena's now-defunct company Exalogic Solutions Private Limited.

Bhagwat's Haldighati Claim Diminishes History

Bhagwat's Haldighati Claim Diminishes History

Rediff.com5 days ago

Maharana Pratap became a hero not because he won a battle, but because he continued fighting after he lost one, asserts Harishchandra.

Day 3 of BEST strike: Special buses for NEET re-exam

Day 3 of BEST strike: Special buses for NEET re-exam

Rediff.com7 days ago

The Brihanmumbai Electric Supply and Transport (BEST) undertaking arranged special bus services for students appearing in the NEET re-examination in Mumbai, deploying 60 buses on 24 routes for approximately 180 trips, despite an ongoing strike by its employees that has paralysed public transport.

HC upholds 'right to be forgotten', orders de-indexing of acquittal records

HC upholds 'right to be forgotten', orders de-indexing of acquittal records

Rediff.com1 Jun 2026

The Delhi High Court has recognised an individual's 'right to be forgotten', ruling that search engines cannot perpetually display judicial records in name-based searches for private cases or those ending in acquittal.

Shrinking Forests Fuel Deadly Elephant Encounters in Assam

Shrinking Forests Fuel Deadly Elephant Encounters in Assam

Rediff.com25 May 2026

The incidents resulted in 1,468 human deaths and 337 injuries, making it one of the country's gravest wildlife-related crises.

Namo Cities: Delhi's decongestion dream faces the test of execution

Namo Cities: Delhi's decongestion dream faces the test of execution

Rediff.com19 Jun 2026

The Union Housing and Urban Affairs Minister's announcement of four 'Namo Cities' aims to decentralise development and decongest Delhi, but experts warn that the initiative may face execution challenges similar to previous urbanisation plans due to inadequate coordination among NCR states.

BEST bus strike: Mumbaikars continue to struggle for 2nd day

BEST bus strike: Mumbaikars continue to struggle for 2nd day

Rediff.com7 days ago

BEST employees continued their strike in Mumbai for a second day, causing significant disruption to public transport despite appeals from the Maharashtra Transport Minister and the invocation of MESMA. Commuters were forced to rely on alternative, overcrowded transport options, while the striking unions maintained their demands for budget merger, improved pay, and absorption of contractual workers.

Mumbai grinds to a halt as BEST strike pulls 2,700 buses off roads

Mumbai grinds to a halt as BEST strike pulls 2,700 buses off roads

Rediff.com19 Jun 2026

Employees of Mumbai's BEST undertaking have launched an indefinite strike, severely impacting public transport and electricity services. The strike, called by a joint action committee, demands budget merger with BMC, settlement of dues, and implementation of the Seventh Pay Commission, among other issues. Despite court orders and MESMA invocation, the strike continues, causing widespread inconvenience to millions of commuters and electricity consumers.

Wild Elephant Attacks Injure Three In Kerala; State Forms Special Reserve Force

Wild Elephant Attacks Injure Three In Kerala; State Forms Special Reserve Force

Rediff.com11 Jun 2026

Three people were injured in two suspected wild elephant attacks in Palakkad, Kerala. These incidents follow two recent fatalities in Wayanad and Idukki. In response, the Kerala government has decided to establish a 500-member Special Reserve Force to mitigate human-wildlife conflict.

Water Tankers Supply 119 Marathwada Villages Amidst Heatwave

Water Tankers Supply 119 Marathwada Villages Amidst Heatwave

Rediff.com14 May 2026

Over 100 villages in Marathwada, India, are now dependent on water tankers due to severe water shortages amid peak summer. A total of 194 tankers are supplying water to 119 villages and 55 settlements across six districts, with Chhatrapati Sambhajinagar facing the most acute shortages.

How Delhi Police Uncovered A Cyber Fraud Mule Account Network

How Delhi Police Uncovered A Cyber Fraud Mule Account Network

Rediff.com7 Jun 2026

Delhi Police have arrested two individuals from Haryana for their alleged involvement in facilitating cyber fraud through mule bank accounts. The arrests were made during an investigation into an online investment scam that defrauded a senior citizen of over Rs 1.69 lakh.

Why India-China Border Dispute Remains Unresolved

Why India-China Border Dispute Remains Unresolved

Rediff.com8 Jun 2026

While tensions have eased at several friction points and mechanisms for managing the boundary have been reactivated, underlying differences persist. Disputes over naming practices in Arunachal Pradesh, continued infrastructure development on both sides, and unresolved questions regarding patrolling rights indicate that the structural gap remains, notes Dr Kumar.

Father of Indian girl killed in US dies just before $29mn settlement

Father of Indian girl killed in US dies just before $29mn settlement

Rediff.com13 Feb 2026

The family of Jaahnavi Kandula, an Indian student killed in a US police crash, faces another tragedy as her father dies just before a USD 29 million compensation deal is announced.

Sebi agrees in principle to NSE colo-dark fibre settlement

Sebi agrees in principle to NSE colo-dark fibre settlement

Rediff.com16 Jan 2026

The Securities and Exchange Board of India (Sebi) has, in principle, agreed to the proposed settlement of the long-pending colocation and dark fibre cases filed by the National Stock Exchange (NSE), Sebi chairman Tuhin Kanta Pandey said on Wednesday.

Reliance Infra seeks review of surveillance framework linked to IBC

Reliance Infra seeks review of surveillance framework linked to IBC

Rediff.com8 Jun 2026

Reliance Infrastructure (Reliance Infra) has submitted a representation to Sebi, NSE, and BSE, seeking a review of the Additional Surveillance Measure (ASM) framework and related trading restrictions on its shares, arguing they adversely impact its 700,000+ public shareholders and hinder fair price discovery.

Israel defies US-Iran pact, refuses to withdraw from Lebanon

Israel defies US-Iran pact, refuses to withdraw from Lebanon

Rediff.com15 Jun 2026

Israel's Defence Minister Israel Katz declared that the Israeli military will not withdraw from its security zones in Lebanon, Syria, and Gaza, directly opposing the newly announced American-led diplomatic framework with Tehran. National Security Minister Itamar Ben-Gvir further asserted Israel's sovereignty, stating, "Trump's agreement does not bind us. Israel is not subject to the United States, and we are an independent and sovereign nation!"

Delhi Tenant Arrested For Faking Attack To Extort Property Owner

Delhi Tenant Arrested For Faking Attack To Extort Property Owner

Rediff.com17 May 2026

A tenant in Delhi has been arrested along with two associates for allegedly staging an attempt on his own life to implicate a property owner in an extortion plot and delay eviction, police said.