News for 'trustee'

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.

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.

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.

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.

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.

'The Judiciary Is Like A Black Hole'

'The Judiciary Is Like A Black Hole'

Rediff.com16 Oct 2024

'People don't know about the immense pressures that come with this position -- every decision a judge takes affects real people and their lives.' 'This is not a job that one can take lightly.' A

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.

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.

Ram temple gets donations worth Rs 3.17 cr on Day 1 of opening

Ram temple gets donations worth Rs 3.17 cr on Day 1 of opening

Rediff.com25 Jan 2024

On Tuesday, devotees made offerings in cash at the temple counters and online donations, totalling Rs 3.17 crore, Mishra told PTI.

Meet BJP's 1st woman candidate for LS poll from Goa

Meet BJP's 1st woman candidate for LS poll from Goa

Rediff.com25 Mar 2024

The 49-year-old entrepreneur oversees the media and real estate arm of Dempo Industries as its executive director.

Yunus takes oath as head of interim B'desh; says will rein in conspirators

Yunus takes oath as head of interim B'desh; says will rein in conspirators

Rediff.com9 Aug 2024

Yunus, 84, was administered the oath of office by President Mohammed Shahabuddin at a ceremony at the presidential palace 'Bangabhaban'.

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.

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.

How To Curb Speculation In F&Os

How To Curb Speculation In F&Os

Rediff.com13 Jul 2024

'Sebi had no problem with derivatives until trading exploded after Covid.' 'But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll, Sebi is concerned that people are driving on it in much greater numbers,' explains Debashis Basu.

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.

SC sets aside T'gana HC order declaring 106 acre of forest land as private

SC sets aside T'gana HC order declaring 106 acre of forest land as private

Rediff.com19 Apr 2024

The humans have "selective amnesia" about the significance of forests, the Supreme Court said on Thursday while advocating the need for a change in approach towards natural resources from anthropocentric to ecocentric.

Will India CHANGE In Modi 3.0?

Will India CHANGE In Modi 3.0?

Rediff.com27 Jun 2024

The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the continued red tape has kept the enterprise system as stifled as before, points out Debashis Basu.

LS passes bill to remove Cong prez as trustee of Jallianwala Bagh memorial

LS passes bill to remove Cong prez as trustee of Jallianwala Bagh memorial

Rediff.com2 Aug 2019

Culture Minister Prahlad Patel asserted that national memorials cannot be 'political memorials' and they should be kept away from politics.

41 firms facing probe donated Rs 2,471 cr to BJP: Petitioners

41 firms facing probe donated Rs 2,471 cr to BJP: Petitioners

Rediff.com23 Mar 2024

Senior advocate Prashant Bhushan, who appeared for the petitioners in the court, said at least 30 shell companies purchased electoral bonds worth over Rs 143 crore.

Why Foreign Financial Firms Quit India

Why Foreign Financial Firms Quit India

Rediff.com24 May 2024

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.

Madoff trustee sues J P Morgan for $6.4 bn

Madoff trustee sues J P Morgan for $6.4 bn

Rediff.com3 Dec 2010

The trustee liquidating the assets of imprisoned scamster Bernard Madoff has sued J P Morgan seeking damages worth $6.4 billion for allegedly aiding the fraud committed by him.

Family members of Dalit icons invited to Ayodhya consecration

Family members of Dalit icons invited to Ayodhya consecration

Rediff.com11 Jan 2024

Family members of Dalit icons B R Ambedkar, Jagjivan Ram, Kanshi Ram and other 'prominent people' belonging to the scheduled castes are among those invited for the January 22 consecration ceremony at the Ram temple in Ayodhya, according to sources.

FinMin rejects plea to double minimum EPS pension

FinMin rejects plea to double minimum EPS pension

Rediff.com12 Feb 2024

The Union finance ministry has rejected a proposal sent by the labour ministry to double the monthly minimum pension amount to Rs 2,000 under the Employee Pension Scheme (EPS). The Central Board of Trustees (CBT), the apex decision-making body of the Employee Provident Fund Organisation (EPFO), was apprised of the proposal's rejection during a meeting on Saturday. "According to the recommendations made by a highly-empowered monitoring committee constituted by the government, a proposal to increase the minimum pension under EPS from Rs 1,000 to Rs 2,000 per month, by providing additional budgetary support, was sent to the ministry of finance.

Puja at Gyanvapi: Masjid committee fails to get relief

Puja at Gyanvapi: Masjid committee fails to get relief

Rediff.com2 Feb 2024

The Allahabad high court on Friday did not give any immediate relief to the Gyanvapi Masjid committee which had challenged the order of the Varanasi court allowing Hindu prayers in a cellar of the mosque.

Caste has no role in appointing temple priests, rules Madras HC

Caste has no role in appointing temple priests, rules Madras HC

Rediff.com27 Jun 2023

The Madras high court has ruled that pedigree based on caste will have no role to play in the appointment of archakas (priests) in temples and allowed trustees to appoint any person well-versed and qualified to perform the puja as per the requirements of the temple Agama.

HC stays Jalgaon collector's order barring entry into mosque

HC stays Jalgaon collector's order barring entry into mosque

Rediff.com18 Jul 2023

The Bombay high court on Tuesday granted an interim stay for two weeks on the Jalgaon district collector's order restraining people from praying at a mosque on a complaint by an outfit which claimed the structure has the "appearance of a temple".

Case booked as Noida boy throws puppy to death

Case booked as Noida boy throws puppy to death

Rediff.com4 Feb 2024

Acting on a complaint, the Greater Noida police have registered a first information report (FIR) against unknown persons in an incident of a minor boy allegedly throwing a puppy from a high-rise on the road killing the young canine, officials said on Sunday.

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

Rediff.com9 Feb 2024

In a bid to enhance its equity exposure and earn higher returns for its nearly 65 million subscribers, the Employees' Provident Fund Organisation (EPFO) is considering reinvesting 50 per cent of its exchange-traded funds (ETFs) redemption proceeds back into equity. Sources close to the development said a proposal regarding this was discussed in the investment committee (IC) meeting in October last year, and the recommendation has been sent to the Central Board of Trustees (CBT), the apex decision-making body of the EPFO for its approval. The next CBT meeting is scheduled to be held on Saturday.

Will it be Ajit Pawar's wife vs Supriya Sule in Baramati?

Will it be Ajit Pawar's wife vs Supriya Sule in Baramati?

Rediff.com17 Feb 2024

The campaign vehicle carried a banner with photographs of Sunetra Pawar and Ajit Pawar with the symbol of the Nationalist Congress Party.

Govt extends ban on J-K's Jamaat-e-Islami for 5 yrs

Govt extends ban on J-K's Jamaat-e-Islami for 5 yrs

Rediff.com27 Feb 2024

Shah said stringent actions would be taken against any individual who jeopardises the nation's security.

Sebi probing smallcaps a warning bell for microcaps; time to exit: Analysts

Sebi probing smallcaps a warning bell for microcaps; time to exit: Analysts

Rediff.com20 Mar 2024

Micro-cap stocks are in the line of fire as market regulator Securities and Exchange Board of India (Sebi) is tightening its noose around investment in small-cap stocks. Given this, analysts suggest investors exit the segment, at least, for the time being. Independent market analyst, Ambareesh Baliga, for instance, said that regulators have gotten worried on the valuation front, though belated, which could prove to be the last straw on the camel's back.

Judge passed puja order on day of retirement, Muslim side tells HC

Judge passed puja order on day of retirement, Muslim side tells HC

Rediff.com6 Feb 2024

The Allahabad high court on Tuesday heard both the Hindu and Muslim sides on the Gyanvapi mosque committee's appeal challenging the Varanasi district court order allowing Hindu prayers in a cellar of the mosque.

Consecration at 12.20 pm on Jan 22, no darshan on 20-21

Consecration at 12.20 pm on Jan 22, no darshan on 20-21

Rediff.com16 Jan 2024

General secretary of Shri Ram Janmabhoomi Teerth Kshetra Champat Rai on Monday announced that the idol of Lord Ram will be placed at its position at the 'garbh griha' of the temple on January 18 and Pran Pratishtha will take place at 12.20 pm on January 22.

Magsaysay Foundation presents 1959 award to Dalai Lama at home after 64 yrs

Magsaysay Foundation presents 1959 award to Dalai Lama at home after 64 yrs

Rediff.com26 Apr 2023

Ramon Magsaysay Award Foundation president Susanna B Afan and foundation trustee Emily A Abrera met with the Dalai Lama, the Nobel Peace laureate, to personally present the 1959 Ramon Magsaysay Award after 64 years.

India should spend $1 bn annually to train school teachers: Narayana Murthy

India should spend $1 bn annually to train school teachers: Narayana Murthy

Rediff.com15 Nov 2023

One possible way of accelerating National Education Policy's outcome is to invite 10,000 retired highly accomplished teachers from the developed world and from India in STEM areas to create 2,500 "Train the Teacher" colleges in the country's 28 states and eight union territories, Murthy said.

Can election manifestos show the way to Viksit Bharat?

Can election manifestos show the way to Viksit Bharat?

Rediff.com18 Mar 2024

Elections are not won or lost by expounding on such macro-economic matters. For the aam admi, what matters in manifestos are promises that will improve their quality of life, notes Vinayak Chatterjee.

Will never forget: Yajman couples at Ayodhya consecration

Will never forget: Yajman couples at Ayodhya consecration

Rediff.com23 Jan 2024

'Divine experience and a proud moment' is how the 15 couples who were the 'mukhya yajman' for the consecration ceremony at the Ram temple in Ayodhya described the grand event and said that the day will be forever etched in their memories.