News for 'settlement'

Be Warned: Restarting Stalled Vehicle In Flooded Area Magnifies Damage

Be Warned: Restarting Stalled Vehicle In Flooded Area Magnifies Damage

Rediff.com26 Dec 2023

'Exit the car and call for your vehicle to be towed.'

RBI to launch first pilot of digital rupee on Tuesday

RBI to launch first pilot of digital rupee on Tuesday

Rediff.com31 Oct 2022

India's first digital rupee pilot project will commence on Tuesday with nine banks, including SBI, HDFC Bank and ICICI Bank, issuing the virtual currency for transactions in government securities. "...the first pilot in the digital rupee - Wholesale segment shall commence on November 1, 2022," the RBI said in a statement on 'Operationalisation of Central Bank Digital Currency-Wholesale (e?-W) Pilot'. It also announced that the first pilot in digital rupee - Retail segment is planned for launch within a month in select locations in closed user groups comprising customers and merchants.

73 killed in massive building fire in S. Africa's Johannesburg

73 killed in massive building fire in S. Africa's Johannesburg

Rediff.com31 Aug 2023

Authorities said it was unclear what sparked the blaze at the five-storey building in the city centre.

Mumbai's G20 Cover Up

Mumbai's G20 Cover Up

Rediff.com16 Dec 2022

G20 delegates are in Mumbai, so the Maximum City has got hurriedly painted walls and makeover.

Bizarre! Reserve day only for India vs Pakistan match

Bizarre! Reserve day only for India vs Pakistan match

Rediff.com8 Sep 2023

In view of the prevailing weather conditions, the ACC decided to add an exclusive reserve day for the Super 4 match between India and Pakistan.

When Will Putin End This Cruel War?

When Will Putin End This Cruel War?

Rediff.com6 Apr 2023

400 days and more, Vladimir Putin's brutal invasion of Ukraine continues.

Settle border issues for 'legal ties': China to Bhutan

Settle border issues for 'legal ties': China to Bhutan

Rediff.com24 Oct 2023

Bhutan firmly abides by the one-China principle meaning Taiwan and Tibet are part of China and stands ready to work with China for an early settlement of the boundary issue and advance the political process of establishing diplomatic relations, it said.

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.

'Hamas is not stupid'

'Hamas is not stupid'

Rediff.com25 Oct 2023

'The Israeli government is saying, "OK, leave northern Gaza, because we're going to fight Hamas there".' 'But Hamas is not stupid. They are going to put militants in southern Gaza too. And then what's Israel going to do?' 'At some point are they going to say, 'Leave southern Gaza too because we want to fight Hamas there? Go across the border to Egypt"'? 'That's what people are worried about. Because they fear that once they cross the border into Egypt there will be no coming back.'

HC stays forgery case against Hero MotoCorp chairman

HC stays forgery case against Hero MotoCorp chairman

Rediff.com12 Oct 2023

Justice Swarana Kanta Sharma said the stay on the operation of the FIR as well as the trial court order will remain in force till December 6, the next date of hearing. The trial court had directed registration of an FIR against them on a complaint alleging that Hero MotoCorp manufactured fake bills worth Rs 5.9 crore and obtained tax credit of over Rs 55 lakh. The company, its chairman and officials approached the high court challenging the trial court's order.

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.

India to advocate for food security, WTO reforms at upcoming Geneva meeting

India to advocate for food security, WTO reforms at upcoming Geneva meeting

Rediff.com19 Oct 2023

Commerce secretary Sunil Barthwal is set to attend a two-day meeting from October 23 at the World Trade Organization (WTO) headquarters in Geneva, that would focus on finding solutions and giving the 'necessary political push' for at least some crucial global trade issues. Next week's meeting comes ahead of the WTO's 13th ministerial conference (MC13), scheduled in Abu Dhabi in February 2024. It will see participation of senior government officials from all WTO member nations.

Hamas commander killed in Gaza airstrike, 36 held in West Bank raids: IDF

Hamas commander killed in Gaza airstrike, 36 held in West Bank raids: IDF

Rediff.com27 Oct 2023

For the second consecutive night, Israeli troops carried out targeted strikes inside Gaza, as confirmed by the IDF, bracing them for their preparations for the next phase in the conflict against Hamas.

BSE lays down new norms for share settlement, tendering

BSE lays down new norms for share settlement, tendering

Rediff.com1 Jul 2015

The acquirer would need to place an order before tendering period.

Self-Employed? How To Get Term Insurance?

Self-Employed? How To Get Term Insurance?

Rediff.com13 Feb 2024

A prudent guideline for self-employed individuals is to target at least 10 to 15 times their actual annual income when determining life insurance coverage.

Why China Issued Stapled Visas To Arunachal Athletes

Why China Issued Stapled Visas To Arunachal Athletes

Rediff.com26 Sep 2023

The Chinese inference is that if the Chinese visa is embossed on an Indian passport, held by Indian citizens from Arunachal Pradesh, it may be tantamount to recognising Indian sovereignty over Arunachal Pradesh, states Rup Narayan Das.

4 days after plane crash, Russia confirms death of Wagner chief Prigozhin

4 days after plane crash, Russia confirms death of Wagner chief Prigozhin

Rediff.com27 Aug 2023

Black boxes from the jet that crashed and killed Yevgeny Prigozhin and nine other people have also been recovered by Russian investigators.

SpiceJet, Credit Suisse resolve financial dispute

SpiceJet, Credit Suisse resolve financial dispute

Rediff.com18 Aug 2022

Low cost airline SpiceJet and Swiss firm Credit Suisse AG on Thursday told the Supreme Court they have resolved their financial dispute. The apex court then permitted SpiceJet to withdraw its appeal against a Madras high court verdict ordering that the airline be wound up on account of alleged non-payment of dues to Credit Suisse AG. "There is a settlement which has taken place on May 23, 2022 as per the consent terms.

Tax disputes: Vodafone seeks to club all cases for settlement

Tax disputes: Vodafone seeks to club all cases for settlement

Rediff.com2 Jan 2014

Vodafone, according to sources, in its response to the Finance Ministry's offer for conciliation, had expressed keenness to settle the long-pending capital gains tax dispute.

Prigozhin made some mistakes: Putin's first remarks on Wagner chief's death

Prigozhin made some mistakes: Putin's first remarks on Wagner chief's death

Rediff.com25 Aug 2023

The Russian President also expressed "sincere condolences" to the families of those who died.

War Has Broken Between IT Giants

War Has Broken Between IT Giants

Rediff.com12 Jan 2024

Trouble started brewing after Cognizant announced that Ravi Kumar, former Infosys president, would take over as the Nasdaq-listed company's CEO.

Modi cannot be intimidated or forced to act against Indian interests: Putin

Modi cannot be intimidated or forced to act against Indian interests: Putin

Rediff.com8 Dec 2023

Putin said the 'policy' pursued by Modi is the main 'guarantor' of relations between the two countries.

HC rejects 2 PILs against operations of Google Pay

HC rejects 2 PILs against operations of Google Pay

Rediff.com20 Aug 2023

Dismissing the petitions, a bench headed by Chief Justice Satish Chandra Sharma said Google Pay is "mere third-party app provider" which requires no authorisation from RBI under the Payments and Settlement Systems Act.

Will 2024 be a happy year for equity investors?

Will 2024 be a happy year for equity investors?

Rediff.com31 Dec 2023

tailwinds of a remarkable year and handsome investor returns, Indian equities are set for an eventful journey in 2024, with a slew of local and global cues -- varying from interest rates to Lok Sabha polls to geopolitical happenings. Analysts are of the view that the bull run in the domestic equity market will continue, and over the next 3-6 months, the benchmark indices -- Sensex and Nifty -- could climb up to 7 per cent. In 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent, and the NSE Nifty climbed 3,626.1 points or 20 per cent.

Religare board rallies behind chairperson Saluja, defends her share sale

Religare board rallies behind chairperson Saluja, defends her share sale

Rediff.com21 Nov 2023

The board of Religare Enterprises Ltd (REL) has rallied behind its embattled chairperson Rashmi Saluja, saying she had turned around the financial services company whose market cap has increased to about a billion dollars from under $100 million in March 2018. The board -- which is fending off an Rs 2,200 crore open offer by the Burman family -- said accusations had not only targeted Saluja but the entire Religare management that has made Religare debt free. "Our story has been one of resurgence under the guidance of the Board of Directors led by Saluja, executive chairman.

'Scenes out of a Zombie film': Israel on beheading of babies by Hamas

'Scenes out of a Zombie film': Israel on beheading of babies by Hamas

Rediff.com12 Oct 2023

'There were bodies scattered everywhere, mutilated, women and children that were handcuffed and shot, executed, houses torched and burned, and people who were either burnt inside or suffocated'

Raymond independent directors urged to appoint interim CEO

Raymond independent directors urged to appoint interim CEO

Rediff.com29 Nov 2023

Proxy advisory firm Institutional Investor Advisory Services (IiAS) has asked independent directors of Raymond Ltd to consider appointing an interim CEO and investigate the allegations of assault by its chairman and MD Gautam Singhania on his wife and daughter, and the use of company funds for personal benefit. In an open letter to the company's five independent directors, IiAS also suggested they ask Singhania and his estranged wife Nawaz Modi, also a board member, to take time off from their responsibilities as board members. The five independent directors to whom the letter was addressed are Mukeeta Jhaveri, Ashish Kapadia, Dinesh Lal, K Narsimha Murthy, and Shiv Surinder Kumar.

Mahua Moitra moves HC to restrict 'defamatory' content

Mahua Moitra moves HC to restrict 'defamatory' content

Rediff.com17 Oct 2023

Trinamool Congress (TMC) member Mahua Moitra on Tuesday approached the Delhi high court seeking to restrain Bharatiya Janata Party MP Nishikant Dubey, an advocate and several social media platforms and media houses from posting, circulating or publishing any alleged fake and defamatory content against her.

'It's a tough job to sell life insurance to people'

'It's a tough job to sell life insurance to people'

Rediff.com2 Dec 2023

'We are expected to grow at above 28 per cent this year, higher than the industry.'

Sebi puts NSDL's IPO in abeyance

Sebi puts NSDL's IPO in abeyance

Rediff.com3 Aug 2023

Capital markets regulator Sebi has kept in 'abeyance' the proposed initial share sale of securities depository NSDL. However, the Securities and Exchange Board of India (Sebi) did not clarify further. The National Securities Depository Ltd (NSDL) filed its preliminary papers with the capital markets regulator on July 7.

Two shooters among 3 held in Chandigarh for Karni Sena chief's murder

Two shooters among 3 held in Chandigarh for Karni Sena chief's murder

Rediff.com10 Dec 2023

Delhi police sources on Sunday said a team of the crime branch in a joint operation with the Rajasthan police nabbed the duo from Chandigarh's Sector 22.

UN chief 'shocked' by 'misinterpretations' Hamas remark

UN chief 'shocked' by 'misinterpretations' Hamas remark

Rediff.com25 Oct 2023

In remarks that angered Israel, Guterres had told the Security Council ministerial meeting on Tuesday on the Israel-Hamas conflict that it is "important to also recognize the attacks by Hamas did not happen in a vacuum."

EPFO records highest net member addition of 18.75 lakh in July

EPFO records highest net member addition of 18.75 lakh in July

Rediff.com20 Sep 2023

Retirement fund body EPFO has recorded the highest net member addition of 18.75 lakh in July 2023, according to the payroll data released on Wednesday. The labour ministry in a statement said that the addition of 18.75 lakh during the month is the highest since the first publishing of EPFO payroll data from April 2018 covering the period of September 2017 onwards. A growing trend has continued for the last three months with an increase of around 85,932 net members over the previous month of June 2023.

Compensate for land taken during war: Border residents

Compensate for land taken during war: Border residents

Rediff.com2 Aug 2023

"We villagers are not against the Army or the government. But getting a compensation for their land is the right of the villagers," Rana said.

Tibetans protest against China joining G20 meet in Delhi

Tibetans protest against China joining G20 meet in Delhi

Rediff.com9 Sep 2023

Holding banners and raising anti-China slogans, protesters carried out a peaceful demonstration amid heavy personnel deployment, the police said.

More Freebies In The Interim Budget?

More Freebies In The Interim Budget?

Rediff.com15 Dec 2023

The rising goods and services tax (GST) and personal income-tax collections may bolster the Narendra Modi government's ability to announce new schemes or enhance existing ones.

No thaw in sight in India-China ties for 4th year

No thaw in sight in India-China ties for 4th year

Rediff.com28 Dec 2023

With Beijing remaining intransigent on the withdrawal of additional troops deployed by the People's Liberation Army (PLA) since the deadly border clash in 2020 in eastern Ladakh, India's bilateral ties with China remained frozen in 2023 with no forward movement on the horizon despite several rounds of diplomatic and military talks.

'Subrata Roy was arbitraging between India and Bharat'

'Subrata Roy was arbitraging between India and Bharat'

Rediff.com16 Nov 2023

'The India which was all about glamour and razzmatazz through which he could earn the trust of people of the other India, which was Bharat.'

Ford India offers final severance package for Chennai unit employees

Ford India offers final severance package for Chennai unit employees

Rediff.com6 Sep 2022

Ford India has offered a "final revised severance package" for its employees at the Chennai unit, which is on average equivalent to 130 days of gross wages per completed year of service. The company said this was rolled out in the absence of any suitable alternative buyer. As part of the earlier package, employees were offered 115 days of gross wages for each completed year of service, which was later revised to 124 days.