News for 'trustee'

6 discontinued Franklin Templeton MF unitholders to get Rs 9k cr

6 discontinued Franklin Templeton MF unitholders to get Rs 9k cr

Rediff.com2 Feb 2021

The Supreme Court on Tuesday ordered that Rs 9,122 crore be disbursed within three weeks to the unitholders of Franklin Templeton's six mutual fund schemes which are proposed to be wound up.

Journalist Ravish Kumar wins 2019 Magsaysay award

Journalist Ravish Kumar wins 2019 Magsaysay award

Rediff.com2 Aug 2019

In electing Kumar to receive the 2019 Ramon Magsaysay Award, the board of trustees recognises his unfaltering commitment to a professional, ethical journalism of the highest standards; his moral courage in standing up for truth, integrity, and independence; and his principled belief that it is in giving full and respectful voice to the voiceless, in speaking truth bravely yet soberly to power, that journalism fulfills its noblest aims to advance democracy, the award citation said.

White House yet to take a call on Trump's Sabarmati visit

White House yet to take a call on Trump's Sabarmati visit

Rediff.com21 Feb 2020

Earlier it was announced that after landing at the airport in Ahmedabad on February 24, Trump will go to the Sabarmati Ashram and spend around 30 minutes there. All preparations are in final stages for the visit of President Trump.

Gujarat CM Rupani links Islamic State terror suspects to Ahmed Patel

Gujarat CM Rupani links Islamic State terror suspects to Ahmed Patel

Rediff.com28 Oct 2017

Patel rejected the charge as "completely baseless" and urged the Bharatiya Janata Party not to politicise matters pertaining to national security and divide the peace-loving Gujaratis.

PM bats for cleaner, greener planet

PM bats for cleaner, greener planet

Rediff.com5 Jun 2014

Prime Minister Narendra Modi on Thursday asked the people to serve as "trustees" in protecting the environment and utilising natural resources for the present while ensuring happiness of future generations.

PSBs sanction Rs 3,200 cr loans to MSMEs in one day

PSBs sanction Rs 3,200 cr loans to MSMEs in one day

Rediff.com1 Jun 2020

The scheme is the biggest fiscal component of the Rs 20-lakh crore Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman last month.

SBI-led consortium to auction assets of Kingfisher Airlines

SBI-led consortium to auction assets of Kingfisher Airlines

Rediff.com21 Nov 2015

Cars, towing machines, forklifts, tractors, fire extinguishers, and iron ladders will be e-auctioned.

Tata Capital rebuts Mistry, says loan to Siva followed due process

Tata Capital rebuts Mistry, says loan to Siva followed due process

Rediff.com28 Oct 2016

The company said, due internal processes as applicable for sanctions of loans of such nature and value were followed

Maha: Ganesh fest begins under Covid cloud; darshan goes online

Maha: Ganesh fest begins under Covid cloud; darshan goes online

Rediff.com10 Sep 2021

For the second straight year, the pandemic cast a long shadow on festivities with the Maharashtra government placing a slew of restrictions to avoid gathering and processions.

Haji Ali Dargah trust says women not allowed inside for their 'own safety'

Haji Ali Dargah trust says women not allowed inside for their 'own safety'

Rediff.com29 Jan 2016

With Muslim women groups protesting in favour of their demand, seeking entry into the inner sanctum of Haji Ali Dargah in Mumbai, trustee of the Dargah, Rizwan Merchant on Thursday said that their entry is prohibited in view of their safety which is 'fair and just'.

ED slaps money laundering case on Franklin MF

ED slaps money laundering case on Franklin MF

Rediff.com4 Mar 2021

The ED case follows the police complaint for alleged criminal conspiracy and defrauding investors.

How Ahmed Patel became close to Sonia Gandhi

How Ahmed Patel became close to Sonia Gandhi

Rediff.com27 Nov 2020

'Temperamentally, they are quite alike.' 'Ahmed Patel avoided the limelight and was not a power seeker.' 'The Gandhis too are not power wielders, but trustees of power.'

Bedi offers to return excess travel money to organisers

Bedi offers to return excess travel money to organisers

Rediff.com24 Oct 2011

Under attack over charging her hosts business class for economy class travel, Team Anna member Kiran Bedi on Monday offered to return the excess money collected but it did not cut much ice with her detractors.

Andhra temple attacks by treasure hunters, drunks: DGP

Andhra temple attacks by treasure hunters, drunks: DGP

Rediff.com13 Jan 2021

Investigation into the attacks on some temples in Andhra Pradesh has revealed that most offences were committed by treasure trove hunters, believers in superstition, drunkards and others, Director General of Police D G Sawang said on Wednesday.

Meet Vijaya Gadde, who spearheaded ban on Trump's Twitter account

Meet Vijaya Gadde, who spearheaded ban on Trump's Twitter account

Rediff.com12 Jan 2021

Hyderabad-born Gadde, 45, is Twitter's legal, public policy and trust and safety lead.

Banned apps' India dream may turn sour

Banned apps' India dream may turn sour

Rediff.com18 Sep 2020

Bringing a local or non-Chinese partner onboard opens up the possibility of legal recourse to have the ban diluted or revoked. However, the process of going through a review committee and setting up local servers might take at least 3-6 months.

EPFO to pay 8.75% interest on PF deposits in 2014-15

EPFO to pay 8.75% interest on PF deposits in 2014-15

Rediff.com26 Aug 2014

The EPFO has about 5 crore (50 million) subscribers and the decision will have a bearing on their retirement fund.

Banks, taxman eye Kingfisher House

Banks, taxman eye Kingfisher House

Rediff.com17 Mar 2016

According to sources, both the departments have already laid their claim on the proceeds from the sale of the property

EPFO to provide 3-year life cover to subscribers after job loss

EPFO to provide 3-year life cover to subscribers after job loss

Rediff.com16 May 2016

EPFO manages a corpus of over Rs 8.5 lakh crore and its subscribers' base is over five crore at present.

Yes Bank biggest lender to loan defaulter Cox & Kings

Yes Bank biggest lender to loan defaulter Cox & Kings

Rediff.com6 Mar 2020

Cox & Kings is currently going through the corporate insolvency resolution process. Around 2,500 operational creditors have submitted claims of over Rs 631 crore, 2,440 employees and workman have claimed dues of over Rs 94 crore and other creditors have submitted claims of over Rs 3 crore.

EPFO not keen to invest in stock markets

EPFO not keen to invest in stock markets

Rediff.com17 Sep 2014

The Finance Ministry has been pitching for EPFO funds to be invested in the equity markets to maximise their yields.

Devotees throng Shani temple on Saturday after lifting of ban

Devotees throng Shani temple on Saturday after lifting of ban

Rediff.com9 Apr 2016

A smooth access to the hitherto prohibited area of the temple brought cheer to women devotees as they poured oil on the ancient black stone idol and offered flowers to the deity on Saturday.

Breaking 400-year-old tradition, women enter Shani temple's inner sanctum

Breaking 400-year-old tradition, women enter Shani temple's inner sanctum

Rediff.com8 Apr 2016

Despite the trust's orders that men as well as women will not be allowed to enter the Shani Shingnapur temple here, around 100 men were on Friday seen storming into the inner sanctum of the holy place.

Reveal financial dealings: AP govt to Sai Trust

Reveal financial dealings: AP govt to Sai Trust

Rediff.com27 Jun 2011

The police are questioning members of Sathya Sai Central Trust in Puttaparthi in relation to the Rs 35.5 lakh seized at Kodikonda checkpost at Hindupur on June 18. While the police have completed the questioning of Ratnakar, Sathya Sai Baba's nephew, the interrogation of Srinivasan, a high-profile member of the trust, is underway.

Why Anil Ambani wants Edelweiss banned from capital markets

Why Anil Ambani wants Edelweiss banned from capital markets

Rediff.com12 Feb 2019

Reliance Group, recently, accused L&T Finance and Edelweiss Group entities of "illegal" and "motivated" actions in invoking the pledged shares of Anil Ambani group's three listed firms and selling them in open market causing a steep fall in share values.

Deshmukh demanded Rs 2 crore from me: Waze

Deshmukh demanded Rs 2 crore from me: Waze

Rediff.com7 Apr 2021

Waze's letter claimed that in January 2021, another state minister Anil Parab asked him to look into an inquiry against "fraudulent" contractors listed in the BMC and collectat least Rs 2 crore from about 50 such contractors.

8 dead after fire breaks out at COVID-19 hospital in Ahmedabad

8 dead after fire breaks out at COVID-19 hospital in Ahmedabad

Rediff.com6 Aug 2020

Prime Minister Narendra Modi condoled the tragic loss of lives in the fire.

Bank accounts of Karmapa backed trust frozen

Bank accounts of Karmapa backed trust frozen

Rediff.com4 Feb 2011

Bank accounts of a trust backed by Karmapa Ugyen Trinley Dorje and its trustees have been frozen in connection with the probe into the seizure of a huge amount of foreign currency from a transit home of the Tibetan spiritual leader. "It (freezing of bank accounts) is part of the investigation process as bank accounts were being thoroughly screened for money transactions," Inspector General of Police P L Thakur said on Friday.

VOTE: No entry for non-Hindus at Somnath temple sans permit. Do you agree?

VOTE: No entry for non-Hindus at Somnath temple sans permit. Do you agree?

Rediff.com3 Jun 2015

The famous pilgrim place of Lord Shiva, the Somnath temple in Gujarat will now be off-limits for non-Hindus as authorities have decided against entry to people following other faiths without prior permission.

RBI extends Rs 60,000-cr credit line to Yes Bank

RBI extends Rs 60,000-cr credit line to Yes Bank

Rediff.com19 Mar 2020

Since the RBI is the 'lender of the last resort', as per terms of arrangement, Yes Bank would have to exhaust immediate liquid assets before accessing this fund.

FM urges pvt banks to ensure smooth liquidity for MSMEs

FM urges pvt banks to ensure smooth liquidity for MSMEs

Rediff.com15 Jun 2020

The finance minister chaired a meeting through video conference with major private banks and NBFCs to ensure effective rollout of ECLGS and uninterrupted liquidity to Indian MSMEs in this difficult time.

COVID-19 biggest challenge since WW-II: PM Modi at G20

COVID-19 biggest challenge since WW-II: PM Modi at G20

Rediff.com22 Nov 2020

Modi called for a new global index based on talent, technology, transparency and trusteeship towards the planet in the post-corona world.

SC orders audit of Padmanabha temple by former CAG

SC orders audit of Padmanabha temple by former CAG

Rediff.com24 Apr 2014

The Supreme Court today ordered that former Comptroller and Auditor General of India Vinod Rai will supervise special audit of property of Kerala's famous Sree Padmanabha Swamy temple, which is facing charges of financial irregularites, and constituted a new administrative committee headed by District Judge, Thiruvananthapuram.

Sitharaman tells PSU bank chiefs to quicken loans to MSMEs

Sitharaman tells PSU bank chiefs to quicken loans to MSMEs

Rediff.com9 Jun 2020

Finance Minister Nirmala Sitharaman on Tuesday held a review meeting on credit guarantee scheme with heads of public sector banks, and asked them to expedite loan disbursement under the Rs 3-lakh crore ECLGS for MSME sector, hit hard by coronavirus-induced lockdown. The meeting on Emergency Credit Line Guarantee Scheme (ECLGS) was held through video conference, and the minister appreciated the efforts of banks in execution of the scheme.

Ganguly rubbishes allegations of lack of transparency in ticket allocation

Ganguly rubbishes allegations of lack of transparency in ticket allocation

Rediff.com6 Feb 2017

Former Cricket Association of Bengal (CAB) treasurer Biswarup Dey has launched a fresh tirade against the Sourav Ganguly-led Cricket Association of Bengal alleging discrepancy in ticket distribution for the India-England ODI on January 22.

Budget may levy new cess to provide social security to coolies

Budget may levy new cess to provide social security to coolies

Rediff.com23 Jan 2017

The move can help mop up about Rs 1.2 lakh every day for the purpose.

EPFO to pay 8.5% interest for FY20 in two instalments

EPFO to pay 8.5% interest for FY20 in two instalments

Rediff.com10 Sep 2020

The remaining 0.35 per cent will be credited in December this year, if the EPFO is able to redeem its equity investments.

Mistry's tirade against Ratan Tata continues unabated

Mistry's tirade against Ratan Tata continues unabated

Rediff.com28 Oct 2016

Refuting Tat's charges about Welspun buy, Mistry said to even suggest that the Tata Sons board including the nominee directors of the Tata Trusts had not been adequately informed is contrary to the factual record

EPFO likely to announce 8.5% interest on PF deposits

EPFO likely to announce 8.5% interest on PF deposits

Rediff.com12 Jan 2014

Retirement fund body EPFO on Monday is likely to retain 8.5 per cent interest on PF deposits for its over 5 crore subscribers in 2013-14.

Ram Lalla is clear winner in protracted Ayodhya suit

Ram Lalla is clear winner in protracted Ayodhya suit

Rediff.com9 Nov 2019

A 5-judge Constitution Bench headed by Chief Justice Ranjan Gogoi, in its historic verdict delivered on a court holiday, held that the lawsuit of the deity was "within the period of limitation" and granted the title decree in its favour.