News for 'settlement'

Cruelty: HC on withholding mutual divorce consent in failed marriage

Cruelty: HC on withholding mutual divorce consent in failed marriage

Rediff.com28 Dec 2023

A bench headed by Justice Suresh Kumar Kait, while dealing with an appeal of the wife who withdrew her consent for mutual divorce after a settlement, observed that the idea of a no-fault-divorce is to make the parties realise that there was a sensible way of parting on the agreed terms.

Which settlement plan must you opt for in term insurance?

Which settlement plan must you opt for in term insurance?

Rediff.com4 Mar 2019

While buying a term plan, do check how much money will be paid in lumpsum and how much of the money will come to the surviving family as a regular payout, suggests Sarbajeet K Sen.

How Aditya Birla Health Insurance plans to achieve full year profitability by FY26

How Aditya Birla Health Insurance plans to achieve full year profitability by FY26

Rediff.com12 Jul 2024

'We want to play the value game for our consumers, which is health and retail will grow faster for us than the group.'

Bajaj factions meet for settlement

Bajaj factions meet for settlement

Rediff.com12 Dec 2003

RBI imposes biz restrictions on Edelweiss

RBI imposes biz restrictions on Edelweiss

Rediff.com30 May 2024

The Reserve Bank on Wednesday imposed business restrictions on Edelweiss Group's lending and asset reconstruction arms on concerns over evergreening of loans. The central bank has asked ECL Finance Ltd (ECL) to cease and desist from undertaking any structured transactions in respect of its wholesale exposures, other than repayment and/or closure of accounts, an official statement said.

Putin thanks Modi for bid to resolve Ukraine crisis

Putin thanks Modi for bid to resolve Ukraine crisis

Rediff.com9 Jul 2024

Russian President Vladimir Putin on Tuesday thanked Prime Minister Narendra Modi for trying to help find a peaceful solution to the Ukraine crisis.

It's Going To Get Hotter In India

It's Going To Get Hotter In India

Rediff.com22 May 2024

More than 80 per cent of Indians live in districts vulnerable to climate risks. Among these, Assam, Andhra Pradesh, Maharashtra, Karnataka, and Bihar are the most vulnerable states to extreme climate events.

Weizmann to move court against Western Union on trademark, logo issue

Weizmann to move court against Western Union on trademark, logo issue

Rediff.com13 May 2024

Mumbai-based Weizmann, part of a diversified group, will take to court its former partner Western Union Holdings, the American money-transfer giant, alleging that the United States-based company has imitated its trademark and logo. This, its lawyers say, constitutes a case of infringement and dilution of its intellectual-property rights.

PepsiCo offers out-of-court settlement to potato farmers

PepsiCo offers out-of-court settlement to potato farmers

Rediff.com28 Apr 2019

Firm had sued them for buying seeds and selling a potato variety used for making Lays chips, It has been suggested that the farmers give an undertaking that they would never buy and sow the registered variety of FC-5 potato seeds in future.

Divorce And The Business World

Divorce And The Business World

Rediff.com6 Jan 2024

'Being financially independent is crucial.' 'This spares women a lot of grief if the marriage, especially in large business families, breaks down.'

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

Desis in US Internet scam to pay $1m as settlement

Desis in US Internet scam to pay $1m as settlement

Rediff.com9 Jun 2017

Rajiv Chhatwal, Rupinder Kaur and Harinder Singh and companies Global Access Technical Support, Source Pundit and Helios Digital Media LLC were the defendants that had been charged in October 2016 by the Federal Trade Commission (FTC) as part of its ongoing crackdown against tech support scams.

Biggest money-laundering settlements by banks

Biggest money-laundering settlements by banks

Rediff.com14 Dec 2012

Let's take a look at biggest money-laundering settlements with US authorities.

RBI restrains commercial card payments by a network

RBI restrains commercial card payments by a network

Rediff.com16 Feb 2024

The Reserve Bank of India (RBI), on Thursday issued orders restraining commercial transactions routed through intermediaries by a card network. The central bank, without naming the card network, said the intermediary with an arrangement with the network, did not have the authorisation to function under the Payment and Settlement Systems (PSS) Act. This led the regulator to suspend the arrangement till further notice.

Strong prospects already priced in for Crompton Greaves after Q4 results

Strong prospects already priced in for Crompton Greaves after Q4 results

Rediff.com21 Jun 2024

Good results for the January-March quarter (Q4) of FY24 and strong seasonal demand have led to strong investor interest in Crompton Greaves (CG) Consumer Electricals which is hitting new highs. While there's bullish consensus on the company's future performance, the stock has gained over 40 per cent in the last six months and valuations may become stretched. The Q4FY24 revenue rose 9.5 per cent YoY to Rs 1,960 crore.

Muslim women entitled to alimony under secular CrPC, rules SC

Muslim women entitled to alimony under secular CrPC, rules SC

Rediff.com10 Jul 2024

In a judgment of far-reaching implications, the Supreme Court on Wednesday ruled that a Muslim woman can seek maintenance from her husband under Section 125 of the CrPC and said the "religion neutral" provision is applicable to all married women irrespective of their religion.

Indefinite strike at Bosch ends after wage settlement

Indefinite strike at Bosch ends after wage settlement

Rediff.com9 Dec 2014

Bosch Limited's Bengaluru plant reached the settlement with its Workmen Union-Mico Employees' Association on December 8 and, with this, the prolonged "illegal" strike called by the Union comes to an end, it said.

'We're Not Anti-Nationals'

'We're Not Anti-Nationals'

Rediff.com3 Sep 2024

'We are not secessionists, we want to coexist with our countrymen but not on the terms that will strip us off our dignity and a right to peaceful existence.'

Good News For Android App Developers

Good News For Android App Developers

Rediff.com30 Dec 2023

For many developers, it may not be a sufficient saving to make it worth creating and maintaining alternatives.

Army rebuts Rahul's claim, says Agniveer Ajay's family paid Rs 93.39 lakh

Army rebuts Rahul's claim, says Agniveer Ajay's family paid Rs 93.39 lakh

Rediff.com3 Jul 2024

The total amount will be Rs 1.65 crore approximately, it said in the "clarification" that came after Leader of Opposition in Lok Sabha Rahul Gandhi shared on X a video purportedly of Kumar's father, who stated he had not received any money.

Private players see 6% rise in benefits paid to Rs 1.57 trillion in FY23

Private players see 6% rise in benefits paid to Rs 1.57 trillion in FY23

Rediff.com12 Feb 2024

The total benefits paid by private life insurance companies to policyholders rose by 5.98 per cent to Rs 1.57 trillion during 2022-23. This figure stood at Rs 1.49 trillion in the corresponding year-ago period. On the other hand, Life Insurance Corporation of India (LIC) paid out 4 per cent fewer benefits at Rs 3.39 trillion from Rs 3.53 trillion in 2021-22.

Citi defends $75 mn SEC settlement: Report

Citi defends $75 mn SEC settlement: Report

Rediff.com14 Sep 2010

Citigroup Inc has defended its $75 million settlement with the Securities and Exchange Commission over under-declaration of its subprime mortgage exposure, setting the stage for a federal judge to decide on whether to approve the deal, according to a media report.

Sebi norms on physical delivery settlement soon

Sebi norms on physical delivery settlement soon

Rediff.com8 Jul 2010

In March, Sebi had decided to allow physical delivery in the equity derivatives segment to bring down speculation in the stock markets and had said it will hold talks with the stock exchanges and work on the system.

Minimum wage cap: EPFO mulls hike after 10 years

Minimum wage cap: EPFO mulls hike after 10 years

Rediff.com22 Apr 2024

The Employees' Provident Fund Organisation (EPFO) is considering raising the monthly minimum wage ceiling from Rs 15,000 now to improve the coverage and bring millions of informal workers under its purview. The last increase in the minimum wage ceiling was in 2014 to Rs 15,000 from Rs 6,500.

Adani to give 350 sq ft flats to Dharavi residents

Adani to give 350 sq ft flats to Dharavi residents

Rediff.com15 Jan 2024

The Adani group on Monday said it will offer eligible residents of the Dharavi slum clusters new flats measuring 350 sq ft. The Adani group, which is redeveloping Dharavi slums in collaboration with the Maharashtra government, claimed the flat size was "17 per cent more" than what is offered as part of slum redevelopment projects. The new flats will have a kitchen and toilet, Adani said in a statement, adding that earlier, the dwellers of informal settlements were given houses measuring 269 sq ft.

'2024 poll will be major event for mid/smallcaps'

'2024 poll will be major event for mid/smallcaps'

Rediff.com19 Dec 2023

'It will dictate the flow of funds into the index. We will maintain caution on mid/smallcaps.'

Will Paytm Curbs Affect Users?

Will Paytm Curbs Affect Users?

Rediff.com23 Feb 2024

Get a new QR code from an alternative provider. PhonePe, Google Pay, Pine Labs, etc are some of the other service providers.

Ready to talk to banks for one-time settlement: Mallya

Ready to talk to banks for one-time settlement: Mallya

Rediff.com10 Mar 2017

Supreme Court has posed a question to Mallya about the truthfulness of his disclosure of assets and transfer of $40 million to his children

Sports Shorts: Man United reach financial settlement with Moyes

Sports Shorts: Man United reach financial settlement with Moyes

Rediff.com25 Apr 2014

David Moyes has agreed a compensation settlement with Manchester United after being sacked only 10 months into a six-year contract, the League Managers' Association (LMA) said.

Reliance settlement likely on July 6

Reliance settlement likely on July 6

Rediff.com15 Jun 2005

An end to the bitter seven-month old battle between the Ambani brothers for the ownership of the Reliance business empire appeared imminent and an announcement about the settlement is likely to be made on July 6, the third death anniversary of their

Who Will Take Over The Godrej Empires?

Who Will Take Over The Godrej Empires?

Rediff.com6 May 2024

Pirojsha Godrej, 43, patriarch Adi Godrej's son, is set to take over as chairman of the Godrej Industries Group from 2026 whol Nyrika Holkar, Smita Godrej Crishna's 42-year-old daughter, has emerged as the face of the Godrej Enterprises Group.

BSE, NSE to remain closed on Jun 29 on account of Bakrid

BSE, NSE to remain closed on Jun 29 on account of Bakrid

Rediff.com27 Jun 2023

Leading bourses BSE and NSE and money markets will remain closed on Thursday on account of Eid al-Adha also known as Bakrid. Earlier, the holiday was scheduled for June 28. The markets are now open on Wednesday. The change came after the Maharashtra government declared June 29 a public holiday as the festival of Bakrid falls on this day instead of June 28 declared earlier.

Mourning A Slain Comrade

Mourning A Slain Comrade

Rediff.com16 Nov 2023

More and more Israeli soldiers are killed during the Israeli defence force's war against Hamas in Gaza.

The Lives PSU Bankers Lead

The Lives PSU Bankers Lead

Rediff.com15 Jul 2024

A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay.

Direct listing of firms at GIFT City likely by year-end

Direct listing of firms at GIFT City likely by year-end

Rediff.com7 Sep 2023

The International Financial Services Centre Authority (IFSCA) plans to operationalise the framework for direct listing of companies at International Financial Services Centre (IFSC) exchanges by the end of the year, said Chairperson K Rajaraman. He added that the amendments would be notified within three months. Further, the GIFT City regulator is also considering the launch of separate payments system regulations - similar to that of the real time gross settlement (RTGS) for banking within a few months.

Delhi: Rohingya settlement gutted in fire

Delhi: Rohingya settlement gutted in fire

Rediff.com13 Jun 2021

More than 50 shanties were gutted in a fire that broke out at a Rohingya refugee camp near Kalindi Kunj Metro station in southeast Delhi, officials said.

Sandeshkhali violence: NCPCR seeks probe into cruelty on child

Sandeshkhali violence: NCPCR seeks probe into cruelty on child

Rediff.com16 Feb 2024

The report indicates that the miscreants forcibly entered her house and physically assaulted her. Shockingly, they also snatched her infant daughter and callously threw her away, the commission said.

'Banks must be prepared for providing UPI credit'

'Banks must be prepared for providing UPI credit'

Rediff.com19 Jul 2024

'A credit line on UPI is going to make banks think about credit fundamentally as they digitise the credit process entirely.'