News for 'settlement'

India committed to 'early settlement' of boundary issue: Swaraj

India committed to 'early settlement' of boundary issue: Swaraj

Rediff.com1 Feb 2015

India is committed to finding an 'early settlement' to the vexed boundary issue: Swaraj

Ranbaxy to pay $39.75 mn for litigation settlement with Texas

Ranbaxy to pay $39.75 mn for litigation settlement with Texas

Rediff.com16 Oct 2014

Last year, Ranbaxy had paid around $4,20,000 to the US state of Idaho as part of a $500-million settlement that the drug firm had signed with US authorities.

China reacts to Modi's comments on border dispute

China reacts to Modi's comments on border dispute

Rediff.com11 Apr 2024

China said that "sound and stable ties" serve the common interests of China and India.

'KCR tried to use MLAs poaching case to force BJP'

'KCR tried to use MLAs poaching case to force BJP'

Rediff.com28 May 2024

According to the confession statement of Radha Kishan Rao, 'Peddayana' was very angry for not completing the work as per his expectation.

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.

SpiceJet to resolve settlement disputes with lessors shortly

SpiceJet to resolve settlement disputes with lessors shortly

Rediff.com20 Mar 2015

Low-cost carrier SpiceJet Ltd on Friday said it expects to resolve settlement disputes with its lessors shortly.

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.

Why banks may not buy Mallya's settlement offer

Why banks may not buy Mallya's settlement offer

Rediff.com31 Mar 2016

Mallya has denied that he had fled India and said he would comply with laws.

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.

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.

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.

Sahara: No out-of-court settlement with Jet

Sahara: No out-of-court settlement with Jet

Rediff.com7 May 2009

Jet had bought Sahara Airlines from the Sahara group in April 2007 for Rs 1,450 crore after an arbitration award. It paid Rs 900 crore and agreed to pay the balance in four instalments. In March 2008, the income-tax department demanded tax dues of Rs 107 crore from Sahara India Airlines. Jet decided this should come from Sahara as it pertained to the period before the acquisition.

Virginia Tech victims' kin reach $11 mn settlement

Virginia Tech victims' kin reach $11 mn settlement

Rediff.com11 Apr 2008

The agreement includes "financial compensation, health benefits and non-monetary assistance for surviving family members and victims of the April 16, 2007, massacre at Virginia Tech," according to a statement released by lawyers representing some of the families. The finer details have not been released because the agreement has not been finalised.

'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.

Charlie Sheen pockets over 100 mn dollars with settlement

Charlie Sheen pockets over 100 mn dollars with settlement

Rediff.com20 Sep 2011

The actor, who was fired from the hit show in March this year has been replaced by Ashton Kutcher.

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.

Death row Indians get 34 days to reach settlement

Death row Indians get 34 days to reach settlement

Rediff.com17 Jun 2011

Seventeen Indians on death row for the murder of a Pakistani national in Sharjah have been granted over a month's time by a United Arab Emirates appeals court to reach a blood money settlement with the victim's family.

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.

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.

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.

Post-vax row settlement, Modi, Johnson talk trade, vaccine certification

Post-vax row settlement, Modi, Johnson talk trade, vaccine certification

Rediff.com11 Oct 2021

British Prime Minister Boris Johnson and his Indian counterpart Narendra Modi spoke over phone on Monday during which they took stock of India-UK trade and defence talks, opening up of international travel between the two countries and climate action targets in the lead up to the COP26 summit, Downing Street said.

Ayodhya: 3rd judge favours out-of-court settlement

Ayodhya: 3rd judge favours out-of-court settlement

Rediff.com20 Sep 2010

Justice Dharam Veer Sharma of the Lucknow bench of the Allahabad high court on Monday passed a dissenting order against the order passed by two other judges -- S U Khan and Sudhir Agarwal -- against postponing the Ayodhya case verdict, on September 17.Sharma claimed that the two judges passed the order without consulting him and there is still room for exploring the option of an out-of-court settlement.

'Hard to see how Hamas can be defeated'

'Hard to see how Hamas can be defeated'

Rediff.com26 Oct 2023

'The purported claim that Israel can defeat Hamas and everything 'would go back to normal' is completely absurd.'

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.

India, US mutually resolve all six trade disputes at WTO

India, US mutually resolve all six trade disputes at WTO

Rediff.com17 Jul 2023

India and the US have mutually resolved all six trade disputes pending at the World Trade Organisation (WTO), in line with the commitment made by the two countries during the US visit of Prime Minister Narendra Modi last month, an official said. The official said that both countries have informed the WTO's dispute settlement body (DSB) about the resolution of all the pending disputes. The WTO has already issued a communication with regard to one of the disputes related to the imposition of additional customs duties by India on 28 US products.

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.

NHAI projects: Settlement may free Rs 10,000 cr

NHAI projects: Settlement may free Rs 10,000 cr

Rediff.com17 Mar 2010

The move, if accepted, will help resolve nearly one-third of the 1,200 cases on payments pending in various courts in the country.

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.'

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.

Retro tax settlement with Cairn may hinge on Vedanta case

Retro tax settlement with Cairn may hinge on Vedanta case

Rediff.com20 Aug 2021

The Union government's offer of settling the retrospective taxation case with Cairn Energy may hinge on Vedanta withdrawing the ongoing arbitration from the Singapore Tribunal on the same issue. The government has offered to refund Cairn Energy Rs 7,900 crore that it had collected under the retrospective tax demand on fulfilment of certain conditions, including withdrawal of pending litigation and furnishing of an undertaking to the effect that no claim for cost, damages, interest, etc., would be filed. This condition is also part of the Taxation Laws (Amendment) Bill, 2021, passed by Parliament recently.

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.

Wait till March for online settlement of PF claims

Wait till March for online settlement of PF claims

Rediff.com8 Dec 2009

The first phase of computerisation of the EPFO offices were to be completed within a year of the EPFO's apex body -- Central Board of Trustees' (CBT)-- approval of the project in April last year.

NSE indefinitely defers the internal limit for trading hour extension

NSE indefinitely defers the internal limit for trading hour extension

Rediff.com13 Dec 2023

The National Stock Exchange (NSE) of India is going to indefinitely defer the internal deadline set for extending trading hours, according to sources in the know. The exchange aimed to introduce a three-hour evening session exclusively for index derivatives by March 2024, contingent upon regulatory clearance from the Securities and Exchange Board of India (Sebi). Sources indicate that the market regulator has not provided a favourable indication, dimming optimism surrounding the proposal.

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.

Cong done with feedback, to begin talks within INDIA soon

Cong done with feedback, to begin talks within INDIA soon

Rediff.com4 Jan 2024

The committee, of which Mukul Wasnik is the convener and has former chief ministers Ashok Gehlot and Bhupesh Baghel as well as Mohan Prakash and Salman Khurshid in it, held final talks and suggested the way forward to the party leadership.

GST collections rise 10% to Rs 1.64 lakh cr in Dec

GST collections rise 10% to Rs 1.64 lakh cr in Dec

Rediff.com1 Jan 2024

Continuing the upward trend, GST collections rose 10 per cent to about Rs 1.64 lakh crore in December compared to Rs 1.49 lakh crore in the same month a year ago. During the April-December 2023 period, gross Goods and Services Tax (GST) collection witnessed a robust 12 per cent growth, reaching Rs 14.97 lakh crore against Rs 13.40 lakh crore mopped up in the same period of the previous year, the finance ministry said in a statement on Monday. The average monthly gross GST collection of Rs 1.66 lakh crore in the first nine-month period this year represents a 12 per cent increase compared to the Rs 1.49 lakh crore average recorded in the corresponding period of FY23, it added.

Sebi to launch T+2 rolling settlement from April 1

Sebi to launch T+2 rolling settlement from April 1

Rediff.com3 Jan 2003

Securities and Exchange Board of India will introduce T+2 rolling settlement cycle from April 1 to reduce risks in the capital market and protect investors' interest.

Manipur CM offers Rs 1000 relief to victims of violence staying in camps

Manipur CM offers Rs 1000 relief to victims of violence staying in camps

Rediff.com27 Jun 2023

Manipur Chief Minister N Biren Singh on Tuesday said his government will provide a one-time assistance of Rs 1000 to those living in relief camps because of ethnic rioting in the state.

Bhopal gas tragedy: SC rejects Centre's higher compensation plea

Bhopal gas tragedy: SC rejects Centre's higher compensation plea

Rediff.com14 Mar 2023

The top court said that a sum of Rs 50 crore lying with the RBI for the victims shall be utilised by the Union of India to satisfy pending claims of victims.