At least 16 people lost their lives in various rain-related incidents in Telangana while the unprecedented rainfall and floods in Andhra Pradesh over the past three days affected about 4.5 lakh people leading to the evacuation of more than 30,000 to relief camps.
The National Company Law Tribunal (NCLT) on Tuesday admitted a fresh petition filed by a Zee Entertainment Enterprises Ltd shareholder seeking enforcement of the now-cancelled merger deal between ZEEL and Sony. The Mumbai bench of NCLT also directed Sony Pictures Network India, now known as Culver Max, to file a reply within three weeks and fixed the next date of hearing on March 12. On January 21, Sony Group Corp (SGC), the Japanese parent company of Sony Picture Network India (SPNI) and BEPL, announced the termination of the $10 billion merger agreement with ZEEL, while seeking $90 million for breach of conditions besides initiating arbitration.
The Financial Intelligence Unit (FIU), the federal economic snoop agency under the Union finance ministry, sent 289 legal requests to its counterparts across the globe during 2018-19 as compared to 177 in 2017-18 and 138 in 2016-17.
Business success often involves a combination of planning, implementation, and continuous learning, says rediffGURU Harsh Bharwani.
rediffGURU Mayank Kumar offers guidance about degree courses, campus, job-linked and executive programmes and studying abroad.
Days before Sony Group pulled the plug on the $10 billion deal, Zee group founder Subhash Chandra had written to Finance Minister Nirmala Sitharaman, blaming Sebi for trying to "scuttle" the merger of its flagship media firm Zee Entertainment Enterprise with the Japanese firm and subsequent investment in the merged entity. Alleging market regulator Sebi is "acting with a predetermined mind", the Zee group patriarch requested the finance minister to take the necessary steps "to safeguard the interest of the minority shareholders of Zee". Chandra in his letter dated January 16, seen by PTI, said Zee and all other people have been cooperating in the investigation related to the alleged fund diversion by promoters and expressed concern over a new notice issued by the market regulator to former directors of Zee.
Billionaire banker Uday Kotak founded bank as well as brokerage created and oversaw an offshore fund used by an unnamed investor to profit from a plunge in Adani shares that followed a damning Hindenburg report, the US short seller said on Tuesday. Hindenburg Research, which had in a January 2023 report alleged stock market manipulations and accounting fraud at the Adani group, said it has received a show cause notice from the Indian markets regulator Sebi over gains made from betting on the conglomerate's shares.
'This Lok Sabha election is more of a trial for GenAI content.'
Gohil, who is also one of the party's national spokespersons and a Rajya Sabha member from Gujarat, made the disclosure on his official twitter handle. 'Due to personal reasons, I have requested our party high command to allocate me lighter work for next few months and to relieve me ASAP as #Bihar in charge,' Gohil tweeted, tagging his party, its units in Bihar, Gujarat and Delhi besides a number of colleagues.
The Delhi airport, the country's busiest airport, on Friday early morning witnessed the collapse of a roof at Terminal 1 amid heavy rains that killed one person, prompting the government to order a detailed probe and an inspection of the structural strength of all airports.
Vietnam-based electric vehicle maker VinFast, a rival of Tesla in the global market, has set foot in India and began work on building its Rs 16,000 crore EV manufacturing facility at Thoothukudi in Tamil Nadu. The company has already sought a reduction in import duties on its cars for about two years until customers get familiar with the brand and its unit in the state. The global major kicked off the construction of the first phase of its integrated EV hub, which may see Rs 4,000 crore of investment initially and will create more than 10,000 jobs.
Shares of Zee Entertainment Enterprises Ltd (ZEEL) tumbled 12 per cent in the mid-session trade on Wednesday amid reports of capital market regulator Sebi has unearthed a financial discrepancy exceeding USD 241 million (nearly Rs 2,000 crore) in the accounts of the company. The stock of the company nosedived 11.58 per cent to Rs 170.65 apiece on the BSE. ZEEL shares plunged 11.39 per cent to Rs 170.70 per piece on the NSE.
The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.
The IMD issued a 'red alert' for Pune district and asked people to take precautions.
All three agreed to have the proceedings heard in English and each of them nodded that they understood the charges of first-degree murder and conspiring to murder Nijjar, the report said.
rediffGURU Sushil Sukhwani underlines the factors you need to consider before you make the decision to study outside India.
The senior IPS officer said that 45 percent of cyber financial frauds taking place in the country are originating from the South East Asia.
With seven million new subscribers, India accounted for the highest net addition of mobile subscriptions globally in the second quarter of 2023, according to the August edition of Ericsson Mobility. Among national markets, India was followed by China with five million and the US with three million subscribers. The subscriber penetration in India, however, stood at 79 per cent, compared to 120 per cent in China, the report said.
Remember that connecting with someone does not guarantee commitment of any kind.
Discontent has been brewing among a section of the cabin crew at the low-cost carrier for some time now, especially after the start of the process of merger of AIX Connect, formerly AirAsia India, with itself.
RediffGURUS Ashwini Dasgupta, Anu Krishna, Dr Karthiyayini Mahadevan and Jinal Mehta answer queries from Rediff readers.
What would your reaction be to seeing an elderly family member on a social networking site? Tell us!
rediffGURU Rohit Gupta, co-founder and COO of College Vidya, offers expert advice on career programmes in India.
The Supreme Court agreed to hear on Friday, instead of Wednesday, a batch of pleas alleging the use of Israeli spyware for surveillance of certain people in India, after taking note of the submissions of the solicitor-general that he would be busy arguing a money-laundering case in another court.
Prime Minister Narendra Modi on Sunday said Indian scientists have done their duty by developing the COVID-19 vaccine and 'now we have to fulfil ours' by defeating through the right information every network spreading lies and rumours.
rediffGURU Baqar Iftikar Naqvi, start-up mentor, founder and CEO of Upriver Ecommerce, offers advice on how to navigate the many challenges of entrepreneurship.
Try to maintain a healthy relationship with people you have worked for and within the past, suggests Sachin Alug.
Four French judges earlier in the day began questioning the passengers detained by the French authorities at Vatry airport, 150 km east of Paris, since Thursday over suspected "human trafficking".
The National Commission for Protection of Child Rights demanded Sony Pictures Networks take down an episode of the dance reality show Super Dancer Chapter 3 where judges were allegedly seen asking a minor 'vulgar and sexually explicit' questions regarding his parents on stage.
An open and direct conversation is the only way to deal with a marital problem but choose the right time and place to address the issue, advises rediffGURU Ravi Mittal.
'Exit the car and call for your vehicle to be towed.'
Telecom regulator on Saturday again asked BSNL to open up its last mile connectivity to private operators for broadband usage and said that instead of losing the value of such a huge network, it was best to work jointly to fully leverage the potentia
The government will develop a mechanism to ensure that e-commerce companies and entities that have adopted Open Network for Digital Commerce (ONDC) architecture are compliant with the rules. Non-compliance may result in a penalty. "We will have our own evaluation system, and if we find any player is not sticking to it, then we will take action. "Participants will have to be compliant with the rule of the land," Sanjiv, joint secretary at the Department for Promotion of Industry and Internal Trade (DPIIT), told reporters on Thursday.
If you have to take the daunting step of joining a conversation of strangers, always pick a duo.
Nearly 665 million Indians or 45 per cent of the rural population did not have access to the internet as of 2023. Difficulty in understanding internet procedures, insufficient awareness of its benefits, and a lack of interest have emerged as the top reasons for a gap in internet penetration in rural India, according to a joint report by the Internet and Mobile Association of India (IAMAI) and Kantar. "The proficiency of English in rural India is very low. While we have content in Hindi, the internet is English-heavy.
rediffGURU Chandu Nair advises entrepreneurs and enterprises about how to create and build their business.
'The people of Tamil Nadu in particular Chennai know about the double standards of the BJP. Nothing will work for them here.'
Even as the gas pipeline project with Iran hangs in balance, India is likely to help the country in modernisation and expansion of its rail network.Iran, facing UN sanctions, has sought India's expertise in upgrading its train operations, signalling system and electrical work besides training its personnel as part of its plans to modernise the railway system.
The Securities Appellate Tribunal (SAT) on Thursday quashed the markets regulator Sebi's order imposing a fine of Rs 7 crore on the National Stock Exchange (NSE) in the dark-fibre case. Additionally, the tribunal has set aside a fine of Rs 5 crore levied by Sebi on the exchange's former official Anand Subramanian. Further, it has partly set aside the regulator's order against former MD and CEO of NSE Chitra Ramkrishna, ex-official Ravi Varanasi and a few stock brokers, among others.
The second cyber attack on AIIMS took place just last fortnight, but the hospital's cyber security systems were able to successfully thwart this attempt.
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