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News for 'trustee'

Ruling or Oppn, parties can't block people's right of way: HC

Ruling or Oppn, parties can't block people's right of way: HC

Rediff.com12 Dec 2024

The Kerala High Court has criticized both the ruling front and the opposition in the state for holding public meetings that block public roads and footpaths. The court observed that the December 5 incident, where the CPI(M) held a conference outside the Vanchiyoor court complex in Thiruvananthapuram, was a "clear case of breach of trust" as the government holds the roads as a trustee of the people. The court has directed the police to submit a report by December 16 identifying those involved in the meeting, including those who attended and were seen on-stage in news reports. The court also pointed out that the stage for the meeting was constructed right on top of the pedestrian/zebra crossing, completely blocking the carriageway on one side of the road. This caused traffic snarls and inconvenienced pedestrians, including school children, infants, and elderly persons. The court said that provisions of the Bharatiya Nyaya Sanhita (BNS) and other laws, like the Motor Vehicles Act, would be applicable to the incident.

Hindu groups clash in Shimla ashram over ownership row, cops among 7 hurt

Hindu groups clash in Shimla ashram over ownership row, cops among 7 hurt

Rediff.com17 Nov 2024

A dispute between two Hindu groups, the Himalayan Brahmo Samaj and the Ramakrishna Mission Ashram, in Shimla resulted in injuries to seven people, including three police personnel. The clash occurred after members of the Brahmo Samaj entered the ashram premises to perform prayers, which the ashram members objected to. The incident, which involved alleged stone-pelting, has led to the registration of FIRs against seven individuals, including an ABVP leader. The dispute centers around the ownership of the ashram property, which is reportedly worth crores. Both groups have accused each other of attempting to take possession of the property and have called for investigations into the incident.

Can Modiji Fix The Economy's Problems?

Can Modiji Fix The Economy's Problems?

Rediff.com7 Jan 2025

'If weak indicators persist, there is a risk that India could slip into a prolonged slowdown similar to the one experienced between 2014 and 2019,' warns Debashis Basu.

Why Muslims Prefer This BJP Candidate

Why Muslims Prefer This BJP Candidate

Rediff.com19 Nov 2024

Will Hindus not vote for a Muslim candidate? Is that why such few Muslims are given tickets? Two constituencies in Mumbai break prevalent stereotypes about these difficult questions.

'Forever deputy CM' Ajit Pawar emerges as the ultimate survivor

'Forever deputy CM' Ajit Pawar emerges as the ultimate survivor

Rediff.com5 Dec 2024

Defying predictions of his political eclipse, Nationalist Congress Party chief Ajit Pawar has not only consolidated his position in the Bharatiya Janata Party-led Mahayuti, but also fortified his place in Maharashtra politics by becoming deputy chief minister for the sixth time.

'I assure all shareholders of their fair share'

'I assure all shareholders of their fair share'

Rediff.com2 Nov 2024

'Everything can be resolved, but my husband's legacy is not up for sale.'

Sebi board okays new asset class, MF Lite rules

Sebi board okays new asset class, MF Lite rules

Rediff.com1 Oct 2024

The Securities and Exchange Board of India (Sebi) on Monday approved the introduction of a new asset class, designed to offer greater flexibility to fund managers and target investors with a higher risk appetite. The markets regulator also cleared the liberalised Mutual Funds Lite (MF Lite) framework, aimed at fund houses that solely launch passively managed schemes. In another significant move, the board reduced the timeframe for rights issues from the current 317 working days to just 23.

Who Will Lead The Tata Group?

Who Will Lead The Tata Group?

Rediff.com11 Oct 2024

Will it be Noel Tata, Ratan Tata's half brother?

Rating agencies Moody's, Fitch cut outlook on Adani firms

Rating agencies Moody's, Fitch cut outlook on Adani firms

Rediff.com26 Nov 2024

Ratings agency Moody's said on Tuesday that it has cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable', citing the US indictment of chairman Gautam Adani and others on alleged bribery charges, while Fitch Ratings put some bonds of the conglomerate on negative watch. Moody's affirmed the ratings on all seven entities -- Adani Ports and Special Economic Zone Ltd, two limited restricted groups of Adani Green Energy Ltd, Adani Transmission Step-One Ltd, Adani Transportation Restricted group 1 (AESL RG1), Adani Electricity Mumbai Ltd and Adani International Container Terminal Pvt Ltd.

Ayodhya bhoomi pujan to be telecast live on DD: Trustees

Ayodhya bhoomi pujan to be telecast live on DD: Trustees

Rediff.com26 Jul 2020

Invitations are being extended to several people who have been part of this temple movement including BJP leaders L K Advani, Murali Manohar Joshi and Uma Bharti, Mishra said. Kameshwar Chaupal, another trustee of the temple, said top leaders of the RSS including its chief Mohan Bhagwat and general secretary Suresh Bhaiyyaji Joshi are also being invited for the event along with VHP's working president Alok Kumar.

Trustees' decision final on PF investments

Trustees' decision final on PF investments

Rediff.com3 Sep 2010

There are differences between the ministries of labour and finance on the issue.

PF trustees forced to buy suspect bonds

PF trustees forced to buy suspect bonds

Rediff.com19 Feb 2005

Priyanka becomes Rajiv Gandhi Foundation's trustee

Priyanka becomes Rajiv Gandhi Foundation's trustee

Rediff.com20 Sep 2009

Sonia Gandhi has made her daughter Priyanka Gandhi a trustee of the Rajiv Gandhi Foundation.Political insiders believe that Sonia's decision indicates that Priyanka will be inducted into politics within a year or so.The website of the Rajiv Gandhi Foundation mentions Priyanka as a teacher and an educationist.Priyanka also makes time to visit the foundation's office every weekday.

Unique move: Uttarakhand backs soldiers' right on waqf property

Unique move: Uttarakhand backs soldiers' right on waqf property

Rediff.com28 Oct 2024

They stated that when a soldier fights for the nation, he does so not as a Hindu, Muslim, or any other religion, but as a patriot.

Prosperity Is Not India's Birth Right

Prosperity Is Not India's Birth Right

Rediff.com30 Nov 2024

If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu.

Property at core of Mewar royal family dispute

Property at core of Mewar royal family dispute

Rediff.com26 Nov 2024

A dispute over property and the right to succeed the titular head of the Mewar royal family in Udaipur, Rajasthan, has escalated into a major controversy. Vishvaraj Singh Mewar, a BJP MLA and the newly appointed titular head, was denied entry to the city palace and Eklingnathji temple by his uncle Arvind Singh Mewar and his son Lakshyaraj Singh Mewar. The incident sparked violent protests and the district administration has appointed a receiver to manage the controversial portion of the city palace where the 'Dhuni' (sacred fire) is located. This dispute raises questions about the future of the Mewar family's legacy and its historical traditions.

'I Feel Like I Have Lost My Father Again'

'I Feel Like I Have Lost My Father Again'

Rediff.com27 Dec 2024

'After Om's untimely demise, he would call us every Sunday for the next two years to ask, "How are you doing my dear? How's the young fella?"'

28L diyas to illuminate Ayodhya in first deepotsav after consecration

28L diyas to illuminate Ayodhya in first deepotsav after consecration

Rediff.com30 Oct 2024

The government aims to better its last year's Guinness World Record by lighting 25 lakh diyas on the banks of Saryu river.

All India Tennis Association in turmoil

All India Tennis Association in turmoil

Rediff.com27 Sep 2024

State associations propose no confidence motion against AITA President Jain

Beware! Markets Headed For Downturn

Beware! Markets Headed For Downturn

Rediff.com26 Nov 2024

Trumponomics, poor growth, and high valuation certainly don't make a bullish recipe for Indian markets, warns Debashis Basu.

EPFO trustees to appoint fund managers tomorrow

EPFO trustees to appoint fund managers tomorrow

Rediff.com13 Jul 2011

Ahead of the crucial CBT meet, the Employees' Provident Fund Organisation's advisory body Finance and Investment Committee will firm up its view on the matter.

Populist decision-making a threat to judicial independence: CJI

Populist decision-making a threat to judicial independence: CJI

Rediff.com10 Oct 2024

He further opined that though as public functionaries, courts were vested with the responsibility to give effect to equity, these judicial bodies were not directly in charge of the manner in which resources were to be distributed.

Police notice to two Sai trustees for cash in car

Police notice to two Sai trustees for cash in car

Rediff.com22 Jun 2011

The Andhra Pradesh police on Wednesday issued a legal notice to two Sathya Sai Baba trustees in Puttaparthi over Rs 35.5 lakh seized from a car belonging to the Sathya Sai Central Trust, which manages affairs of the late spiritual guru.

Professional trustees for mutual funds mulled

Professional trustees for mutual funds mulled

Rediff.com31 Mar 2004

Badlapur school sexual assault accused opens fire at police, shot dead

Badlapur school sexual assault accused opens fire at police, shot dead

Rediff.com24 Sep 2024

An official said Akshay Shinde, who worked as a cleaner at the school, was being taken to Badlapur from Taloja jail for investigation.

De-risking loan portfolio likely a top priority for new Bandhan CEO

De-risking loan portfolio likely a top priority for new Bandhan CEO

Rediff.com15 Oct 2024

Partha Pratim Sengupta, who will be taking charge as the MD & CEO of Bandhan Bank in early November, has his task cut out. The Kolkata-based lender, which converted itself from a microfinance institution to a universal bank, is in its 10th year of operation. The bank was able to cut down the share of the micro loan book over these years.

Delhi Metro cancels ad referring to breasts as oranges

Delhi Metro cancels ad referring to breasts as oranges

Rediff.com24 Oct 2024

Delhi Metro on Thursday said it has withdrawn a poster on breast cancer awareness that asked women 'to check your oranges' but the questions remained -- does the metaphor obscure the message, does it help women in a cloistered society get comfortable or more awkward by sexualising a body part.

Link PAN with Aadhaar by May 31 or pay higher TDS

Link PAN with Aadhaar by May 31 or pay higher TDS

Rediff.com28 May 2024

The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid tax deduction at a higher rate. As per income tax rules, if a Permanent Account Number (PAN) is not linked with biometric Aadhaar, TDS is required to be deducted at double the applicable rate. Last month, the income tax department issued a circular stating that no action will be taken for short deduction of TDS in case the assessee links his/her PAN with Aadhaar by May 31.

What's Adani Doing With King Charles's Brother-in-Law?

What's Adani Doing With King Charles's Brother-in-Law?

Rediff.com27 Mar 2024

Glimpses from the opening of the Adani Green Energy Gallery at the Science Museum in London.

EPFO trustees may fix rate at 8.5%

EPFO trustees may fix rate at 8.5%

Rediff.com27 Aug 2010

For the sixth year in a row, over 4.7 crore (47 million) subscribers of retirement fund manager EPFO are likely to get 8.5 per cent interest on their deposits in the current fiscal.

Hindujas' RCap purchase hangs fire as deadline looms with payment on hold

Hindujas' RCap purchase hangs fire as deadline looms with payment on hold

Rediff.com1 Aug 2024

Mauritius-based Hinduja group firm IndusInd International Holdings (IIHL) has informed the administrator of Reliance Capital that it is ready with its equity contribution of Rs 2,750 crore in cash to acquire the bankrupt firm, but it wants certain conditions to be met in accordance with the resolution plan before transferring the amount. IIHL has also filed an application with the Mumbai Bench of the National Company Law Tribunal (NCLT), seeking directions for the administrator and the committee of creditors (CoC) to complete all pending activities to close the transaction and not let the lenders invoke the bank guarantees provided by the firm earlier.

Noel Tata's three children to be on five Tata Trusts' board seats

Noel Tata's three children to be on five Tata Trusts' board seats

Rediff.com23 May 2024

Noel Tata's children - Leah, Neville, and Maya - have been appointed to the boards of five philanthropic organisations of Tata Trusts, which oversees the $150-billion Tata group. The move is being seen as part of the Trusts' succession plan. Noel Tata's wife Aloo is the daughter of Pallonji Mistry, whose family owns an 18.5 per cent stake in Tata Sons, the holding company of Tata group.

Under fire Indian origin trustee quits US varsity

Under fire Indian origin trustee quits US varsity

Rediff.com4 Aug 2009

He stepped down following continuing criticism that he used political clout to get admission for an underscoring student from India to the university, which is one of the more competitive of public schools.

Vikram Seth appointed trustee of British Museum

Vikram Seth appointed trustee of British Museum

Rediff.com11 Feb 2004

The appointment, made by British Prime Minister Tony Blair on Tuesday night, will be for a period of four years with immediate effect.

Trustee of Bedi's NGO quits, claims his reputation tarnished

Trustee of Bedi's NGO quits, claims his reputation tarnished

Rediff.com25 Oct 2011

Already in the thick of controversies, Team Anna member Kiran Bedi on Tuesday faced problems from within when one of the founder members of her NGO managing her trips quit the trust claiming his reputation has been tarnished.

Vadodara man arrested for posing as PMO official

Vadodara man arrested for posing as PMO official

Rediff.com24 Jun 2023

The arrest of Mayank Tiwari on Friday comes months after an Ahmedabad resident, Kiran Patel, was held from a five-star hotel in Jammu and Kashmir for posing as a senior official from the PMO.

SC refuses to stop Hindu prayers in Gyanvapi mosque cellar

SC refuses to stop Hindu prayers in Gyanvapi mosque cellar

Rediff.com1 Apr 2024

A bench headed by Chief Justice D Y Chandrachud also sought response of priest Shailendra Kumar Pathak Vyas by April 30 on the plea of the mosque committee.

Bangladeshis hope for normalcy with new govt at the helm

Bangladeshis hope for normalcy with new govt at the helm

Rediff.com9 Aug 2024

People in Bangladesh have welcomed the new interim government led by Nobel laureate Muhammad Yunus, hoping it would restore order, end repression and hold a fair election to facilitate a democratic transition of power.

WeWork's exit from India unit unlikely to impact domestic co-working market

WeWork's exit from India unit unlikely to impact domestic co-working market

Rediff.com25 Jun 2024

The exit of WeWork from its India unit is unlikely to have an impact on the country's co-working real estate market, according to industry executives. The company last week received approval from the Competition Commission of India (CCI) to sell its entire 27.5 per cent stake in the India unit to Real Trustee Advisory Company. The majority of the stake (72.5 per cent) in WeWork India is owned by Bengaluru-based Embassy Group.

Which is Better? FDs Or Debt MFs?

Which is Better? FDs Or Debt MFs?

Rediff.com5 Sep 2024

Feature for feature, bank FDs are indeed better than debt funds today, mainly thanks to Ms Sitharaman, notes Debashis Basu.

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