News for 'settlement'

Ambani settlement under public scrutiny

Ambani settlement under public scrutiny

Rediff.com23 Jun 2005

The peace plan rolled out by the Ambanis last week was lapped up without any questions by investors, but the deal to split the Reliance business empire has drawn reactions ranging from anger, indifference to even sadness from an unlikely quarters --

Lawyers cannot be sued for 'deficiency in service': SC

Lawyers cannot be sued for 'deficiency in service': SC

Rediff.com15 May 2024

The top court said a considerable amount of direct control is exercised by the client over the manner in which an advocate renders his services during the course of his employment.

BSE's secured settlement platform next week

BSE's secured settlement platform next week

Rediff.com18 Dec 2009

The BSE would also launch soon a Corporate Bond Repo, another new product for the Indian market.

ED files money-laundering case against Kerala CM's daughter

ED files money-laundering case against Kerala CM's daughter

Rediff.com27 Mar 2024

The Enforcement Directorate (ED) has filed a money-laundering case against Kerala Chief Minister Pinarayi Vijayan's daughter Veena Vijayan and her IT firm for receiving 'illegal payments' from a Kochi-based private firm, official sources said on Wednesday.

India may buy more oil from UAE in the coming months after COP talks

India may buy more oil from UAE in the coming months after COP talks

Rediff.com11 Dec 2023

India is expected to ramp up its purchase of crude oil from the United Arab Emirates (UAE) in the coming months following discussions between the two countries on the sidelines of the ongoing COP28 summit in Dubai, multiple sources in the know said. The UAE has historically been India's third-largest source of crude. It has suffered the largest drop in shipments since Indian refiners began to binge on Russian crude in 2022.

Chelsea agree settlement with Ranieri

Chelsea agree settlement with Ranieri

Rediff.com8 Jun 2004

"We have fully honoured the terms of Claudio's contract and we wish him good luck for the future," a spokesman for the club told Chelsea's website.\n\n

Putin's North Korea Gamble

Putin's North Korea Gamble

Rediff.com26 Jun 2024

Russia's unprecedented rapprochement with North Korea has raised concerns about the re-emergence of a Russia-China-North Korea alliance which could increase the probability of conflict on the Korean Peninsula, explains Dr Rajaram Panda.

Ayodhya row: Sri Sri again appeals to AIMPLB for out-of-court settlement

Ayodhya row: Sri Sri again appeals to AIMPLB for out-of-court settlement

Rediff.com6 Mar 2018

He said going through the court was a loss for both Hindus and Muslims and an out-of-court settlement would be a 'win-win situation' for both the communities.

Govt-ITC settlement as per SC proposal

Govt-ITC settlement as per SC proposal

Rediff.com5 Apr 2005

The settlement reached between government and cigarette major ITC over Rs 803 crore excise dispute was in accordance with the 'suggestion' from the Supreme Court, Finance Minister P Chidambaram said on Tuesday.

Kalyan Singh for negotiated Babri settlement

Kalyan Singh for negotiated Babri settlement

Rediff.com20 Jan 2009

Kalyan Singh, who was the Uttar Pradesh Chief Minister at the time of demolition of the Babri Masjid, on Tuesday suggested a negotiated settlement of the vexed Ram Janmbhomi-Babri Masjid tangle. Singh, who quit the BJP on Tuesday, said that when he was the chief minister, he had initiated steps to this effect but before a settlement could be reached, his government had to go.

Changing complexion: Adani stocks now have prominent investor base

Changing complexion: Adani stocks now have prominent investor base

Rediff.com24 Apr 2024

Amid intense scrutiny from short-sellers and regulators, Adani group stocks have seen a significant shift in their shareholder base: Relatively opaque foreign portfolio investors (FPIs) have given way to more recognisable investors and broad-based funds. The list of large public shareholders - those directly holding at least 1 per cent - is now dominated by entities, such as the state-owned Life Insurance Corporation (LIC), US-based GQG Partners, Abu Dhabi-based International Holding Company, and Qatar Investment Authority's INQ Holding.

Respite for Cafe Coffee Day; NCLAT sets aside insolvency proceedings

Respite for Cafe Coffee Day; NCLAT sets aside insolvency proceedings

Rediff.com13 Sep 2023

Coffee Day Global Ltd (CDGL) and its financial creditor IndusInd Bank have reached a settlement, following which NCLAT has set aside an insolvency order against the company which owns and operates coffee chain Cafe Coffee Day. Counsel representing CDGL and IndusInd bank on Wednesday informed the Chennai bench of National Company Law Appellate Tribunal (NCLAT) about the settlement and sought permission to withdraw insolvency litigations. A two-member bench comprising Justice M Venugopal and Shreesha Merla took their submissions on record and set aside the order admitting CDGL to insolvency.

BCCI vs PCB: 'Process already beyond amicable settlement'

BCCI vs PCB: 'Process already beyond amicable settlement'

Rediff.com24 Sep 2018

Newly-appointed Pakistan Cricket Board chief Ehsan Mani said that the dispute with the Board of Control for Cricket in India regarding bilateral series is beyond 'amicable settlement' as they are yet to find a common ground of solution.

Eclipsed, Vasundhara, Gehlot Campaign For Sons

Eclipsed, Vasundhara, Gehlot Campaign For Sons

Rediff.com15 Apr 2024

While the going for Dushyant Singh in Jhalawar is not tough, winning Jalore is a tough battle for Vaibhav Gehlot.

Bajaj brothers working for out-of-court settlement

Bajaj brothers working for out-of-court settlement

Rediff.com26 Nov 2007

They also assured the CLB that in case of any settlement reached between the brothers, they would inform the Board. Following this, the Board adjourned the matter to January for the next hearing. Emerging from the hearing, the counsel representing Rahul Bajaj told PTI that their side informed the CLB that the talks between the brothers were still going on.

EPFO relaxes rule for profident fund settlement, but sets rider

EPFO relaxes rule for profident fund settlement, but sets rider

Rediff.com14 Jul 2016

EPFO had started allotting UAN numbers in July 2014.

Ready for probe over Raj's 'settlement' charges: Khadse

Ready for probe over Raj's 'settlement' charges: Khadse

Rediff.com12 Mar 2013

Leader of opposition in Maharashtra Legislative Assembly, Eknath Khadse on Tuesday rubbished allegations levelled against him by Maharashtra Navnirman Sena President Raj Thackeray of 'settlement' with the government saying that he was prepared for a probe by a House committee.

Car owners may see faster claim settlement

Car owners may see faster claim settlement

Rediff.com17 Apr 2015

A customer can also appoint a surveyor on his own expense

Yunus fracas: Bangla govt for amicable settlement

Yunus fracas: Bangla govt for amicable settlement

Rediff.com23 Mar 2011

Yunus, however, rejected reports that a committee was constituted for the negotiation.

Can Rupee Dethrone The Dollar?

Can Rupee Dethrone The Dollar?

Rediff.com22 Sep 2023

Those who consider the rupee as a proxy for virility have started thumping their chests and dreaming of dethroning the dollar from its coveted position, observes Tamal Bandyopadhyay.

Will support amicable settlement of Ayodhya dispute: Adityanath

Will support amicable settlement of Ayodhya dispute: Adityanath

Rediff.com1 Jun 2017

He further said that time has come to discuss the issue of Ram Temple and should try to find a permanent solution.

Sebi rejects consent settlement plea of SBI, 24 others

Sebi rejects consent settlement plea of SBI, 24 others

Rediff.com13 Sep 2013

Without giving specific details, Sebi said that SBI was being probed for 'alleged violation of regulations' contained in as many as 11 sections, sub-sections and clauses, including those related to the Code of Conduct, of the Securities and Exchange Board of India (Debenture Trustees) Regulations.

HSBC's $1.9bn money-laundering settlement approved by US judge

HSBC's $1.9bn money-laundering settlement approved by US judge

Rediff.com5 Jul 2013

HSBC has acknowledged compliance lapses, including a failure to maintain an effective anti-money laundering programme.

'Conditions not ripe to make rupee a hard currency'

'Conditions not ripe to make rupee a hard currency'

Rediff.com19 Nov 2023

India should become a middle-income country and then push to make INR (rupee) a hard currency, and till then, it must promote the settlement of global trade in the local currency, think tank GTRI said on Sunday. Global Trade Research Initiative (GTRI) said that transforming a currency into a hard currency is a complex process that hinges on several pivotal factors. Firstly, economic stability is paramount; a country must exhibit low and stable inflation, consistent growth, and a balanced trade environment.

Cong for negotiated settlement of Ayodhya row

Cong for negotiated settlement of Ayodhya row

Rediff.com1 Oct 2010

The Congress on Friday favoured a negotiated settlement to the Ayodhya issue saying all right thinking people should work for a compromise within the next three months in wake of the Allahabad high court verdict.

Maruti, Mahindra, Audi, Hyundai extend support to customers in cyclone-hit TN, AP

Maruti, Mahindra, Audi, Hyundai extend support to customers in cyclone-hit TN, AP

Rediff.com6 Dec 2023

Maruti Suzuki India, Mahindra & Mahindra, Hyundai Motor and luxury car maker Audi have extended support to customers in cyclone and flood affected regions of Tamil Nadu and Andhra Pradesh. In a statement, Maruti Suzuki India said it has collaborated with its dealer partners and made several arrangements at its workshops. As soon as the news about the cyclone 'Michaung' was reported, the company proactively sent out 7 lakh SMS alerts containing precautionary steps to its customers to ensure that even before the cyclone hits, customers could take precautionary measures to safeguard their cars against potential damage, it said in a statement.

'Muslims ready for out-of-court settlement'

'Muslims ready for out-of-court settlement'

Rediff.com15 Sep 2010

Whether the Ayodhya case is settled through reconciliation or through a judgment is something that remains to be seen. An application had been filed before the Lucknow Bench of the Allahabad High Court seeking a direction to both parties to settle this matter amicably so as to avoid any controversy that might follow after the judgment is pronounced.

Godrej split: Who gets to keep what

Godrej split: Who gets to keep what

Rediff.com1 May 2024

Jamshyd Naoroji Godrej and his sister Smita Crishna Godrej-controlled Godrej & Boyce will hold the exclusive construction rights over a vast land bank, including a prime 3,000 acre-property in Mumbai, they got as part of the family agreement that split the Godrej empire, as per sources and regulatory filing. According to the agreement reached late Tuesday, the 127-year-oldgets to keep what group will be split into two entities - one led by Adi Godrej and his brother Nadir and the other by their cousins Jamshyd and Smita.

UK hospital makes out-of-court settlement with NRI

UK hospital makes out-of-court settlement with NRI

Rediff.com14 Oct 2009

An Indian-origin man and his British wife have been awarded 160,000 pounds in an out-of-court settlement, following the death of their baby in a hospital in Cardiff, in November 2005.Krishna Govekar of Goan origin and his wife Johanne Rees lost their son Arun due to a series of alleged blunders by the hospital. After three years of legal action, the hospital has now offered them the settlement.The couple said they will now start a new life in Goa.

India, US settle final trade dispute at WTO

India, US settle final trade dispute at WTO

Rediff.com8 Sep 2023

India and the US have settled the last trade dispute at the World Trade Organization (WTO) over poultry products, according to a joint statement released on Friday. With this, the two countries have mutually resolved all the seven pending trade disputes at the WTO. "The leaders lauded the settlement of the seventh and last outstanding WTO dispute between India and the United States.

US court nod to Mahindra Satyam's $125-mn settlement pact

US court nod to Mahindra Satyam's $125-mn settlement pact

Rediff.com16 Sep 2011

Judgement is subject to an appeal period of 30 days from the date of its entry.

Byju Raveendran, board members will not attend BYJU's Feb 23 EGM

Byju Raveendran, board members will not attend BYJU's Feb 23 EGM

Rediff.com22 Feb 2024

Edtech firm Think and Learn Private Ltd, owner of Byju's, on Thursday said neither the company's founder and CEO Byju Raveendran nor any other board member will attend the extraordinary general meeting called by some select investors. Shareholders at Byju's are set to vote on Friday on a resolution brought by some investors to oust founder CEO Byju Raveendran and his family members over alleged "mismanagement and failures". Byju's has called the EGM "procedurally invalid" and contractually in contravention of the company's article of association and shareholder's agreement.

Unclaimed insurance funds higher in agent-sold policies: Analysts

Unclaimed insurance funds higher in agent-sold policies: Analysts

Rediff.com4 Mar 2024

The unclaimed funds within the life insurance sector are higher from policies sold by agents as against other channels like bancassurance or a digital platform, said analysts and officials from insurance companies. Unclaimed life insurance funds refer to the proceeds of insurance policies including death or survival benefits not claimed by the beneficiary or the policyholder. Bancassurance means selling an insurance product through banks.

How Byju's Staff Struggle With Layoffs

How Byju's Staff Struggle With Layoffs

Rediff.com4 Mar 2024

'Due to the fear caused by the Byju's crisis, several employees have chosen to take up entry-level jobs in firms other than edtech.'

Sebi to speed up dispute settlement

Sebi to speed up dispute settlement

Rediff.com22 Nov 2005

The move, if brought into effect, will substantially reduce the burden on the judicial system, while opening a window of opportunity for expediting court cases.

SC fines Rs 12L on 6 Maha cops for illegally detaining 3, razing houses

SC fines Rs 12L on 6 Maha cops for illegally detaining 3, razing houses

Rediff.com1 Feb 2024

According to the peculiar facts of the case, the six policemen of Jalgaon called three tenants including Vijaykumar Vishwanath Dhawale and Vinod Dodhu Chaudhary to a police station on March 9, 2022 and kept them under detention for 24 hours.

Taxtortion Is Here To Stay!

Taxtortion Is Here To Stay!

Rediff.com31 Jan 2024

If you think that revenue officials are going berserk, acting on their own, while the government chants the mantra of 'ease of doing business', you would be wrong. These moves appear to have full official backing, points out Debashis Basu.

Should Banks Be Closed On ALL Saturdays?

Should Banks Be Closed On ALL Saturdays?

Rediff.com25 Jul 2023

Currently, banks are closed every second and fourth Saturday of a month. Why shouldn't they be shut every Saturday? When most customers carry their banks in their pocket (the app on the mobile phone), there is no need to keep banks open on Saturdays, argues Tamal Bandyopadhyay.