In the second of a four-part series, Shashikant Trivedi/Business Standard checks out the currency press in Dewas, Madhya Pradesh, to find target-based allowances have increased the monthly salary of employees from Rs 10,000 to Rs 30,000, at a time when currency notes are being printed 24x7. Part 1: When did printing of Rs 2,000 notes actually begin? The Dewas mint is looking at a target of at least 18 million pieces of the new 500 denomination notes per day soon. Photograph: PTI Photo. Like ... Rediff.com, 2 months ago
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Ruling Samajwadi Party is facing a tough battle as it tries to retain the seven assembly seats it had won last time out of nine in Uttar Pradesh capital, while the Bharatiya Janata Party and the Bahujan Samaj Party queer the pitch. The two other seats were shared by the BJP and the Congress. The SP candidates include Mulayam Singh Yadav’s daughter-in-law Aparna Yadav and three ministers, one of whom was recently sacked. The BJP has preferred to field turncoats on two seats -- Lucknow ...Rediff.com, 1 week ago
The bodies of film producer and realtor Abis Rizvi and fashion designer Khushi Shah, who were killed in a terror attack at a nightclub in Istanbul during New Year’s celebrations, were laid to rest on Wednesday at their respective native places in Mumbai and Vadodara. "The Turkish Airlines plane carrying the bodies landed in Mumbai shortly after 5 am," Bharatiya Janata Party MP Kirit Somaiya, who received the bodies at the airport, said. From the airport, Rizvi’s body was taken to ...Rediff.com, 1 month ago
Between May 26, 2014, when Narendra Modi became the 14th prime minister of India, and December 5, 2016, 39 of the 137 mid-cap stocks from the BSE Midcap and Nifty Midcap indices have surged between 100% and 338%. Of these, five stocks -- Havells, NCC, Suzlon, Blue Star and Crompton Greaves -- look the most attractive after the recent course correction. Hamsini Karthik/Business Standard finds out the reason behind their success. IMAGE: Ffocused effort to reduce debt and improve core competence ...Rediff.com, 2 months ago
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