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Reliance opens Jio World Drive, first premium mall in Mumbai

Reliance opens Jio World Drive, first premium mall in Mumbai

Rediff.com7 Oct 2021

The premium mall, Jio World Drive (JWD), is spread across an area of 17.5 acre and it will be Mumbai's first rooftop Jio drive-in Theatre which will be operated by PVR. JWD will house only premium international and Indian brands.

Delhi riots cases judge critical of cops transferred to another district court

Delhi riots cases judge critical of cops transferred to another district court

Rediff.com6 Oct 2021

A trial judge, who has been critical of the "callous and farcical" probe of Delhi police in some riots cases of 2020 and had once observed that failure to conduct a proper investigation will torment "sentinels of democracy," was on Wednesday transferred to another court in the national capital.

ITC Hotel to launch boutique luxury property, its 6th

ITC Hotel to launch boutique luxury property, its 6th

Rediff.com2 Oct 2021

Mementos, the new brand, would be aimed at addressing the need for boutique luxury hotels across various destinations.

Facebook actions 31.7mn content pieces for violating rules

Facebook actions 31.7mn content pieces for violating rules

Rediff.com1 Oct 2021

"Actioned" content refers to the number of pieces of content (such as posts, photos, videos or comments) where action has been taken for violation of standards. Taking action could include removing a piece of content from Facebook or Instagram or covering photos or videos that may be disturbing to some audiences with a warning.

How Obama, Trump, Biden Greeted Modi...

How Obama, Trump, Biden Greeted Modi...

Rediff.com28 Sep 2021

Did Prime Minister Modi receive a different kind of reception at the Biden White House on Friday than he has has been used to at the American president's home?

'I am very confident about who I am'

'I am very confident about who I am'

Rediff.com27 Sep 2021

'I've come to a point where if people say something negative or if there's a comment that is not in good taste, I reply by saying, "Yeah but I'm getting cast for my body".'

New York court pauses Cairn tax suit

New York court pauses Cairn tax suit

Rediff.com26 Sep 2021

A New York court has paused Cairn Energy's pursuit of US assets of Air India for the recovery of $1.2 billion arbitral award, so as to allow the British firm to reach a settlement with the Indian government on the long drawn dispute. The New York district court delayed the tax suit to November 18, according to court documents reviewed by PTI. This follows Cairn Energy and Air India jointly asking the court to stay further proceedings in view of the fresh government enacting a fresh law to scrap retrospective taxation in the country.

Defence ministry orders 118 Arjun tanks at Rs 7523 cr

Defence ministry orders 118 Arjun tanks at Rs 7523 cr

Rediff.com23 Sep 2021

The defence ministry on Thursday sealed a contract to procure 118 main battle tanks Arjun for the Indian Army at a cost of Rs 7,523 crore, in a major move to boost its combat capabilities.

Why Are Banks Venturing Into New Areas?

Why Are Banks Venturing Into New Areas?

Rediff.com23 Sep 2021

For now, the concerns over bad loans have taken a back seat; a bigger challenge for the banking community is credit growth, explains Tamal Bandyopadhyay.

Modi to embark on 3-day US visit today

Modi to embark on 3-day US visit today

Rediff.com22 Sep 2021

The main elements of the programme are bilateral meetings with the US leadership, participation in the Quad Leaders' Summit, address at the UN General Assembly and business interactions.

B School Curricula: Time for A Reset?

B School Curricula: Time for A Reset?

Rediff.com21 Sep 2021

... As the world swings from 'financialisation' to 'artificial intelligence', asks Ajit Balakrishnan.

India to make its own GSLV-Mk III and SSLV: DoS

India to make its own GSLV-Mk III and SSLV: DoS

Rediff.com19 Sep 2021

The Department of Space (DoS) plans to realise entirely-built rockets -- GSLV-Mk III and SSLV -- from Indian industry partners, in addition to PSLV, according to a top official of its commercial arm NSIL.

US apologises for Kabul drone strike that killed 7 kids

US apologises for Kabul drone strike that killed 7 kids

Rediff.com19 Sep 2021

The strike by a Hellfire missile in Kabul on August 29, which was launched in an effort to kill ISIS-K planners, instead killed 10 civilians, he said.

PM slams Central Vista critics as he inaugurates new defence offices

PM slams Central Vista critics as he inaugurates new defence offices

Rediff.com16 Sep 2021

He also asserted that ease of living and ease of doing business were behind the spirit of the work being done under the Central Vista project.

Central Vista will be ready to host 2022 R-Day parade: Puri

Central Vista will be ready to host 2022 R-Day parade: Puri

Rediff.com16 Sep 2021

The redevelopment work of the Central Vista Avenue, stretching from Rashtrapati Bhavan to India Gate in New Delhi, will be completed within two-and-a-half months, Union Minister Hardeep Singh Puri said on Thursday.

Cairn, Air India seek stay on New York court proceedings

Cairn, Air India seek stay on New York court proceedings

Rediff.com15 Sep 2021

Cairn Energy and Air India have jointly asked a New York federal court to stay further proceedings in the British firm's US lawsuit targeting the airline for enforcement of a $1.2-billion arbitral award. The move follows the government enacting a law to scrap retrospective taxation in the country, which in effect will result in withdrawal of the Rs 10,247 crore tax demand on Cairn, according to court documents reviewed by PTI. The British company had won an international arbitration award against levy of such taxes and sought to take over Air India assets when the government refused to honour the award and pay it $1.2 billion-plus interest and penalty.

Rape case filed against Chirag Paswan's MP cousin

Rape case filed against Chirag Paswan's MP cousin

Rediff.com14 Sep 2021

As per police, both met at the Western Court, Janpath, Delhi, where Raj allegedly sexually assaulted the victim after drugging her and made a video of the act and threatened her.

Minorities '100% secure' under Modi govt': NCM chief

Minorities '100% secure' under Modi govt': NCM chief

Rediff.com14 Sep 2021

Lalpura, who took over as the National Commission for Minorities (NCM) chairperson last week, asserted that his priority would be to dispel 'false narratives' fuelling insecurity among minorities.

SC grants protection to 'The Wire' journos against FIRs in UP

SC grants protection to 'The Wire' journos against FIRs in UP

Rediff.com8 Sep 2021

The Supreme Court on Wednesday said it does not want freedom of press to be muzzled but it cannot create a separate avenue for journalists to approach it directly for quashing of FIRs lodged against them.

Stalin Needs to Think Fast, Act Faster

Stalin Needs to Think Fast, Act Faster

Rediff.com4 Sep 2021

Good intentions and elaborate roadmaps apart, there is an urgent need for the Tamil Nadu chief minister to come up with branded schemes like MGR's meal scheme, asserts N Sathiya Moorthy.

Indian equities may lose sheen on lofty valuations: Analysts

Indian equities may lose sheen on lofty valuations: Analysts

Rediff.com3 Sep 2021

Bulls might be on the rampage on Dalal Street but lofty valuations of the Indian equities present a reason for concern and the markets could perhaps witness up to 10 per cent correction, according to analysts. Benchmark indices have been on a record-breaking rally lately and August witnessed the stock market reaching many new highs. The BSE benchmark soared over 9 per cent last month.

ASK AJIT: Are these stocks good to hold for one year?

ASK AJIT: Are these stocks good to hold for one year?

Rediff.com1 Sep 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Not my best but happy to break world record: Sumit

Not my best but happy to break world record: Sumit

Rediff.com30 Aug 2021

A student of Delhi's Ramjas College, Antil was an able-bodied wrestler before his accident. A para athlete in his village initiated him to the sport in 2018.

The BJP's Politics of Population

The BJP's Politics of Population

Rediff.com27 Aug 2021

Population is a touchy issue in India. Anybody will notice the crowded rat race we live in, notes Shyam G Menon.

Taliban say they're 'not trained' to respect women

Taliban say they're 'not trained' to respect women

Rediff.com26 Aug 2021

Taliban spokesperson Zabiullah Mujahid said that women should not go to work for their own safety.

ASK ANIL: How do I SAVE TAX?

ASK ANIL: How do I SAVE TAX?

Rediff.com25 Aug 2021

'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'

UN relocates about 100 staff from Afghanistan to Kazakhstan

UN relocates about 100 staff from Afghanistan to Kazakhstan

Rediff.com19 Aug 2021

Stephane Dujarric, Spokesman for the Secretary-General Antonio Guterres, told reporters on Wednesday that the group of about 100 UN personnel from across the system travelled from Kabul to Almaty, where they will continue their work remotely.

D-Mart owner Radhakishan Damani enters top 100 global billionaires' club

D-Mart owner Radhakishan Damani enters top 100 global billionaires' club

Rediff.com19 Aug 2021

Radhakishan S Damani, investor and promoter of the D-Mart supermarket chain, has broken into the elite club of the top 100 global billionaires. Damani, who grew up in a single-room apartment in Mumbai, is now ranked 98th on the Bloomberg Billionaires Index with $19.2 billion as his net worth. The index is a daily ranking of the world's richest people. The other Indians on the top 100 rich list ahead of Damani are Mukesh Ambani, Gautam Adani, Azim Premji, Shiv Nadar, and Lakshmi Mittal.

Have not abandoned Afghans: Indian envoy

Have not abandoned Afghans: Indian envoy

Rediff.com17 Aug 2021

An Indian Air Force plane with 120 people on-board, including Indian envoy Rudrendra Tandon, landed on Tuesday at the Jamnagar airbase in Gujarat from Kabul in Afghanistan.

FULL TEXT: President's address to nation on I Day eve

FULL TEXT: President's address to nation on I Day eve

Rediff.com14 Aug 2021

President Ram Nath Kovind addressed the nation on the eve of India's 75th Independence Day. Here's the text of what he said:

IPO frenzy: 24 stocks that more than doubled your money in two years

IPO frenzy: 24 stocks that more than doubled your money in two years

Rediff.com12 Aug 2021

The retail frenzy over initial public offers (IPOs) seen over the past few months is not without reason. Over the past two years, 61 companies have tapped the primary market and raised funds via IPOs. Of these, 24 companies (nearly 39 per cent companies) have more than doubled at the bourses with Happiest Minds, IndiaMart Intermesh, Indian Railway Catering and Tourism Corporation (IRCTC), Affle India and Route Mobile surging 468 per cent to 722 per cent since their listing date till now. Retail participation in the equity market, according to analysts, has just reached an inflection point due to the low interest rate regime amid lack of investment-worthy avenues that can generate a good return for investors.

PwC India to create 10,000 jobs over 5 years

PwC India to create 10,000 jobs over 5 years

Rediff.com11 Aug 2021

Global consultancy firm PwC India on Wednesday said it will invest up to Rs 1,600 crore and create additional 10,000 jobs in the next five years. Announcing its new business strategy 'The New Equation', PwC India said the firm will also increase its campus hiring by over five times in the same time period. The New Equation is based on analysis of trends and thousands of conversations with clients and stakeholders, it said in a release.

India Must Be Prepared for the Taliban

India Must Be Prepared for the Taliban

Rediff.com10 Aug 2021

Robust military preparedness along the entire perimeter of our nation is the only iron-clad permanent guarantee for our security, asserts Vivek Gumaste.

MFs to Create LONG-TERM Wealth

MFs to Create LONG-TERM Wealth

Rediff.com9 Aug 2021

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Was govt's decision to sell Cairn shares flawed?

Was govt's decision to sell Cairn shares flawed?

Rediff.com8 Aug 2021

Faced with prospect of its assets across the globe being seized just like Pakistan and Venezuela, the government decided to scrap retrospective taxation but the international embarrassment could have been avoided had 'attached' shares of Britain's Cairn Energy Plc not been sold, according to tax and legal experts. On Thursday, the government introduced a Bill in Parliament to scrap the tax rule that gave the tax department power to go 50 years back and slap capital gains levies wherever ownership had changed hands overseas but business assets were in India. The 2012 legislation was used to levy a cumulative of Rs 1.10 lakh crore of tax on 17 entities, including UK telecom giant Vodafone, but substantial punitive action was taken only in the case of Cairn.

Why Modi is HARSH on NGOs

Why Modi is HARSH on NGOs

Rediff.com24 Jul 2021

It should stop what it is deliberately doing to the NGO sector and let it operate as freely as the rest of the private sector, asserts Aakar Patel.

How the Rane-Uddhav War Began

How the Rane-Uddhav War Began

Rediff.com16 Jul 2021

'There is no future for the Shiv Sena under Uddhavji's leadership.'

Ask Anil: Your Tax Queries Answered

Ask Anil: Your Tax Queries Answered

Rediff.com13 Jul 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Rs 3.03-lakh cr scheme to improve power discoms gets nod

Rs 3.03-lakh cr scheme to improve power discoms gets nod

Rediff.com30 Jun 2021

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a five-year-long reform-based result-linked power distribution scheme worth Rs 3.03 lakh crore, for strengthening system of utilities to improve efficiency. Briefing after the CCEA meet here, Power and New & Renewable Energy Minister R K Singh said, "We have done a lot for power distribution reforms. It needs to be strengthened. Today, the Cabinet has approved the new scheme worth Rs 3.03 lakh crore, including Rs 97,000 crore central outlay." He said the funds would be given to power distribution companies (discoms) to strengthen their system.

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