News for 'trustee'

New Ram Lalla idol in Ayodhya temple to be known as 'Balak Ram'

New Ram Lalla idol in Ayodhya temple to be known as 'Balak Ram'

Rediff.com23 Jan 2024

The first time I saw the idol, I was thrilled and tears started rolling down my face. I cannot explain the feeling I experienced then

Ram temple consecration: 14 couples from across country to be 'Yajmans'

Ram temple consecration: 14 couples from across country to be 'Yajmans'

Rediff.com20 Jan 2024

'They are from the north, east, west, south and northeast part of India. They will be the 'mukhya yajmaan' (main hosts)'

How did investors miss Byju's numerous red flags?

How did investors miss Byju's numerous red flags?

Rediff.com18 Mar 2024

Byju's is set to go the way of Housing.com and Zilingo. It is only a matter of time. Indeed, the coup attempted by investors will ensure that, says Debashis Basu.

I'm the luckiest person, says Ram Lalla idol sculptor

I'm the luckiest person, says Ram Lalla idol sculptor

Rediff.com22 Jan 2024

"I have always felt that Lord Ram has been shielding me and my family from all the bad times and I strongly believe that it is him, who chose me for the auspicious task," Yogiraj, who has received effusive praise for his work, told PTI.

Ryan murder: Trustees refused advance bail; more arrests likely

Ryan murder: Trustees refused advance bail; more arrests likely

Rediff.com14 Sep 2017

The Gurugram Police detained and questioned Harpal Singh, a gardener at the Ryan International School.

No reply yet from Apple on hacking alert to politicos: MoS

No reply yet from Apple on hacking alert to politicos: MoS

Rediff.com19 Feb 2024

Minister of State for Electronics and IT Rajeev Chandrasekhar said the government has asked Apple two questions: whether their devices are safe, and if so the reason for the alert was sent to the Opposition members.

HC nod to continue puja in Gyanvapi mosque cellar, says 1993 action illegal

HC nod to continue puja in Gyanvapi mosque cellar, says 1993 action illegal

Rediff.com26 Feb 2024

The high court has dismissed the Gyanvapi mosque management committee's appeal.

Aus PM Anthony Albanese begins maiden India tour with Sabarmati Ashram visit

Aus PM Anthony Albanese begins maiden India tour with Sabarmati Ashram visit

Rediff.com9 Mar 2023

He arrived at the Sardar Vallabhbhai Patel Airport in the city in the evening and headed straight to the Ashram, the former home of Mahatma Gandhi which also served as one of the main centres of India's freedom struggle.

The Mystery of ZEE and DIIs

The Mystery of ZEE and DIIs

Rediff.com6 Feb 2024

Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock, observes Debashis Basu.

How Ram mandir is a true amalgamation of India

How Ram mandir is a true amalgamation of India

Rediff.com24 Jan 2024

'The temple's construction is the result of collective wisdom of some of the best brains in the country. Water and sacred soil from almost all pilgrimage sites in India, including Gangotri, Yamunotri, Kailash Mansarovar, Prayags (there are seven Prayags) and all 'puris' (seven holy towns in India, besides Ayodhya) have been used in the making of the temple'

EPFO may decide interest rate for FY23 by Tuesday

EPFO may decide interest rate for FY23 by Tuesday

Rediff.com27 Mar 2023

The retirement fund body EPFO is likely to announce the rate of interest on employees' provident fund (EPF) deposits for 2022-23 at its two-day meeting beginning Monday. EPFO had lowered the interest on EPF for 2021-22 to an over four-decade low of 8.1 per cent for its about five crore subscribers, from 8.5 per cent in 2020-21 in March 2022. This was the lowest since 1977-78, when the EPF interest rate stood at 8 per cent.

Mysuru sculptor's Ram Lalla to be installed in Ayodhya mandir

Mysuru sculptor's Ram Lalla to be installed in Ayodhya mandir

Rediff.com15 Jan 2024

A new idol of Ram Lalla sculpted by Mysuru-based Arun Yogiraj has been selected for installation at the Ram temple in Ayodhya, temple trust's general secretary Champat Rai said on Monday.

Rs 2,000 crore loans to Go First are now NPA: Central Bank of India

Rs 2,000 crore loans to Go First are now NPA: Central Bank of India

Rediff.com23 Oct 2023

Central Bank of India classified its loans to Go First as non-performing assets (NPAs) in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). The no-frills carrier has been under insolvency proceedings since May 2023 and ceased operating flights on May 3 this year. The public sector lender's exposure, including government-guaranteed emergency credit to the ailing airline, amounts to about Rs 2,000 crore.

Now buying, selling of MFs under insider trading rules

Now buying, selling of MFs under insider trading rules

Rediff.com25 Nov 2022

Capital markets regulator Sebi has amended norms to bring buying and selling of mutual fund units under the ambit of insider trading rules. At present, insider trading rules are applicable to dealing in securities of listed companies or those proposed to be listed, when in possession of Unpublished Price Sensitive Information (UPSI). The units of mutual funds are specifically excluded from the definition of securities under the rules.

SC asks Teesta, husband to cooperate with Gujarat police

SC asks Teesta, husband to cooperate with Gujarat police

Rediff.com1 Nov 2023

The Supreme Court on Wednesday directed activist Teesta Setalvad and her husband Javed Anand to cooperate with the Gujarat Police in connection with a case filed against them over alleged misappropriation of funds.

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.

Had to move court for telecast of Ayodhya event in Tamil Nadu: BJP

Had to move court for telecast of Ayodhya event in Tamil Nadu: BJP

Rediff.com22 Jan 2024

The Bharatiya Janata Party vs ruling Dravida Munnetra Kazhagam battle over live telecast of the Ayodhya Ram temple consecration in Tamil Nadu shrines reached the Supreme Court on Monday, with the apex court asking the authorities to act in accordance with the law and not based on any oral instructions.

Sort it out yourselves, SC tells sparring Lalit Modi, Mukul Rohatgi

Sort it out yourselves, SC tells sparring Lalit Modi, Mukul Rohatgi

Rediff.com27 Jan 2023

The Supreme Court on Friday refused to pass any order on a plea alleging that former IPL commissioner Lalit Modi made "scurrilous" remarks against former attorney general and senior advocate Mukul Rohatgi in a social media post.

Now 'ownership' of Sena Bhavan and Saamana in focus

Now 'ownership' of Sena Bhavan and Saamana in focus

Rediff.com23 Feb 2023

The Shiv Sena Bhavan is controlled by 'Shivai Seva Trust'. Its founding trustees include late Bal Thackeray and his wife late Meena Thackeray. Many of the founding trustees are not alive now.

Why villas have become homebuyers' favourite choice

Why villas have become homebuyers' favourite choice

Rediff.com24 Dec 2023

This shift is driven by a pursuit of a superior lifestyle and an innate desire to be grounded in an owned plot of land. Villas, situated within gated housing societies, have gained popularity as a property type, witnessing strong traction due to elevated aspirations and the need for more living space.

Time To Be Cautious In Bull Market

Time To Be Cautious In Bull Market

Rediff.com10 Jan 2024

A piece of slightly negative news can cause a serious setback, warns Debashis Basu.

Plea in Mathura court seeks nod for Hindus to offer prayers at Shahi Idgah

Plea in Mathura court seeks nod for Hindus to offer prayers at Shahi Idgah

Rediff.com24 May 2023

With this, the number of suits filed in the Krishna Janmabhoomi-Shahi Idgah case, in different courts of Mathura, has gone up to 15.

Deadline to apply for higher pension extended till July 11

Deadline to apply for higher pension extended till July 11

Rediff.com26 Jun 2023

Retirement fund body EPFO has extended the deadline for filing applications to opt for a higher pension till July 11. This is the second extension of the deadline for applying for a higher pension. Earlier, it was extended from May 3, 2023, to June 26, 2023.

EPFO board to meet this month, unlikely to cut rates below 8%

EPFO board to meet this month, unlikely to cut rates below 8%

Rediff.com8 Mar 2023

A decision on the interest rate for close to 60 million active subscribers of the Employee Provident Fund Organisation (EPFO) is likely to be taken in the next Central Board of Trustee (CBT) meeting, starting on March 25. A letter from the social security organisation regarding the convening of the 233rd CBT meeting was sent to all the board members last week, soliciting their presence in the meeting. Although the venue and the agenda haven't been drawn out yet, sources familiar with the matter say that the interest rate is unlikely to go below 8 per cent level amid a rising interest rate scenario across the globe.

Prince Charles' charity fund accepted Osama family donation: Report

Prince Charles' charity fund accepted Osama family donation: Report

Rediff.com31 Jul 2022

According to The Sunday Times, Prince Charles met with the Al Qaeda founder's half-brother Bakr in London and allegedly agreed to accept GBP 1 million.

More Adani group shares pledged

More Adani group shares pledged

Rediff.com9 Mar 2023

More shares belonging to companies of the embattled Adani Group have been pledged as security for loans taken by the group's flagship firm, a trustee said. SBICap Trustee in notices to stock exchanges said that a further 0.99 per cent shares in Adani Green Energy Ltd were pledged "for the benefits of the lenders" of Adani Enterprises Ltd. An additional 0.76 per cent shares in Adani Transmission Ltd were also pledged to banks, the trustee said. SBICap, which is a unit of State Bank of India (SBI), however did not give details of the loans taken by Adani Enterprises for which the pledge was created.

Business group linked to DMK MP among 2 raided by taxmen

Business group linked to DMK MP among 2 raided by taxmen

Rediff.com18 Oct 2023

The same day the tax sleuths had raided the house of DMK MP S Jagathrakshakan and some of those linked to him. The MP from Arakkonam has interests in a variety of business sectors.

Tough road before women's reservation becomes reality

Tough road before women's reservation becomes reality

Rediff.com19 Sep 2023

The provisions in the Constitution (128th Amendment) Bill make it clear that the women's reservation will come into effect only after the delimitation exercise or the redrawing of constituencies taking into account the data of the census conducted once the bill becomes a law.

Are Newbie Investors Prepared For Market Turbulence?

Are Newbie Investors Prepared For Market Turbulence?

Rediff.com28 Dec 2023

We have millions of newbie investors who are clueless about how to handle sudden and severe adverse market reactions, which arrive from time to time, observes Debashis Basu.

The Modi Premium

The Modi Premium

Rediff.com13 Dec 2023

Economic growth, which we are taking for granted, slows for a completely different set of local or global factors and the Modi premium vanishes, observes Debashis Basu.

'I want to go in front of Ram Lalla and get blessings'

'I want to go in front of Ram Lalla and get blessings'

Rediff.com19 Jan 2024

'Everyone is so excited. There is a lot of excitement everywhere. This was a long time desire of many people.'

Gita Press says it accepts Gandhi Peace Prize, not Rs 1 cr cash award

Gita Press says it accepts Gandhi Peace Prize, not Rs 1 cr cash award

Rediff.com19 Jun 2023

The Gorakhpur-based Gita Press, which is the world's largest publisher of Hindu religious texts, has declined the Rs 1 crore cash award for the Gandhi Peace Prize amid a political row over its selection for the prestigious honour.

Maha SIT begins probe into Trimbakeshwar temple forcible entry

Maha SIT begins probe into Trimbakeshwar temple forcible entry

Rediff.com19 May 2023

SIT chief Sukhwinder Singh visited the Shiva temple, one of 12 jyotirlingas in the country, examined relevant CCTV camera footage and met the temple's trustees.

Digital Loan Apps: Boon Or Bane?

Digital Loan Apps: Boon Or Bane?

Rediff.com18 Jan 2024

For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.

What Sunak, Akshata did at Akshardham for 45 minutes

What Sunak, Akshata did at Akshardham for 45 minutes

Rediff.com10 Sep 2023

Britain's Prime Minister Rishi Sunak on Sunday visited the Akshardham temple here with his wife Akshata Murty and said it is not only a place of worship but also a landmark that portrays India's values.

Karnataka Congress chief gets ED call, daughter gets CBI notice

Karnataka Congress chief gets ED call, daughter gets CBI notice

Rediff.com8 Feb 2023

Karnataka Congress president D K Shivakumar on Wednesday said he has been asked by the Enforcement Directorate to appear before it on February 22, while his daughter has been served notice by the Central Bureau of Investigation.

Unclaimed Bank Deposits: What To Know

Unclaimed Bank Deposits: What To Know

Rediff.com4 May 2023

Not just unclaimed bank deposits, there are thousands of crores of rupees locked in unclaimed shares and insurance policies lying with many institutions across India.

India's first public InvIT for road, highway projects in the works

India's first public InvIT for road, highway projects in the works

Rediff.com8 Aug 2023

After the success of the National Highways Authority of India's (NHAI's) first infrastructure investment trust (InvIT) with foreign institutional investors, the Centre is working on a proposal to launch a fresh InvIT for national highways, where domestic retail investors can hold units of the trust

EPFO likely to hike investment limit in equities to 20%

EPFO likely to hike investment limit in equities to 20%

Rediff.com18 Jul 2022

Retirement fund body EPFO is likely to approve this month a proposal to enhance its investments in equites to up to 20 per cent of the investible deposits from the current limit of 15 per cent. The proposal is expected to be considered and approved during the EPFO trustees' meeting scheduled to be held on July 29 and 30, according to a source. At present, EPFO can investment 5 to 15 per cent of the investible deposits in equity or equity-related schemes.

ED arrests J-K ex-minister Lal Singh in educational trust case

ED arrests J-K ex-minister Lal Singh in educational trust case

Rediff.com8 Nov 2023

Singh was under investigation by the federal agency as part of the case lodged under the Prevention of Money Laundering Act (PMLA) against an educational trust run by his wife and former legislator Kanta Andotra, they said.