BS Reporter &Amp; PTI In Mumbai

Stories by BS Reporter &Amp; PTI In Mumbai

How Many Indian Students Overstayed in US?

How Many Indian Students Overstayed in US?

Rediff.com   30 Jan 2025

'Brazil, China, Colombia and India each had more than 2,000 of their citizens overstaying student/exchange visas, with India having the highest number (7,000).'

ISRO's 100th Mission Lifts Off In Style

ISRO's 100th Mission Lifts Off In Style

Rediff.com   29 Jan 2025

The Indian Space Research Organisation successfully launched its 100th mission on Wednesday, with a GSLV rocket carrying navigation satellite NVS-02.

The 'Alien' Who's Made A Tiger Film

The 'Alien' Who's Made A Tiger Film

Rediff.com   22 Jan 2025

'I am fascinated by the lurking presence of the tiger.'

How Sholay, Deewar, Aandhi Changed Cinema

How Sholay, Deewar, Aandhi Changed Cinema

Rediff.com   21 Jan 2025

'Do films today even have the courage to question the establishment?'

Union Budget 2025-26: This is what telecom sector wants

Union Budget 2025-26: This is what telecom sector wants

Rediff.com   21 Jan 2025

High spectrum costs limit operators to invest in next-gen network infrastructure.

Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

Rediff.com   5 Jan 2025

Bank of Baroda, a state-owned bank, in its quarterly update on Friday said its domestic deposits grew 9.23 per cent year-on-year (Y-o-Y) in October-December (Q3FY25) at Rs 11.65 trillion, while advances increased 11.76 per cent Y-o-Y at Rs 9.63 trillion, outpacing deposit growth during the period. Domestic retail advances grew at a robust 19.5 per cent Y-o-Y to Rs 2.43 trillion.

Will Trump 2.0 continue pro-India policies?

Will Trump 2.0 continue pro-India policies?

Rediff.com   5 Jan 2025

A leading expert predicts that the incoming Trump administration will likely continue its pro-India policies, including the Indo-Pacific strategy and Quad, but highlights potential challenges such as trade disagreements, immigration issues, and a possible quid pro quo for technology sharing. The expert also notes that the Trump 2.0 administration may prioritize great power politics over strategic altruism, potentially impacting human rights and religious freedom concerns.

SBI unveils two new schemes to boost deposit mobilisation

SBI unveils two new schemes to boost deposit mobilisation

Rediff.com   4 Jan 2025

State Bank of India (SBI) - the country's largest lender - has unveiled two new schemes to boost deposit mobilisation at a time when most banks are facing challenges in raising resources. The first is 'Har Ghar Lakhpati,' a pre-calculated recurring deposit (RD) scheme designed to help customers accumulate Rs 100,000 or multiples thereof and develop a savings habit.

Why Is US NSA Coming To India?

Why Is US NSA Coming To India?

Rediff.com   4 Jan 2025

'The message that we intend to leave with at the end of this trip is one of real gratitude for the friendship and the close partnership that President Biden and Prime Minister Modi have enjoyed over the last four years, but also one of tremendous optimism because we see a lot of opportunity in the future.'

Despite CRR cut, liquidity deficit in banking system crosses Rs 2 trillion

Despite CRR cut, liquidity deficit in banking system crosses Rs 2 trillion

Rediff.com   1 Jan 2025

The liquidity deficit in the banking system crossed Rs 2 trillion again on Monday, despite the second instalment of cash reserve ratio (CRR) reduction coming into effect from December 28.

IPOs see investor rush; five issues attract total bids worth Rs 1.4 trn

IPOs see investor rush; five issues attract total bids worth Rs 1.4 trn

Rediff.com   24 Dec 2024

The five initial public offerings (IPOs) that closed on Monday attracted cumulative bids worth Rs 1.4 trillion against Rs 2,909 crore they were looking to raise. These offerings were subscribed between 11 and 195 times. Mamata Machinery, a limited manufacturer of machines used for making plastic bags, saw the highest oversubscription at 195x.

Sebi widens scope of T+0 settlement to top 500 stocks from Jan 31

Sebi widens scope of T+0 settlement to top 500 stocks from Jan 31

Rediff.com   11 Dec 2024

The Securities and Exchange Board of India (Sebi) on Tuesday announced that the top 500 stocks will be eligible for the same-day settlement cycle (T+0) in a phased manner. This move is seen as a fresh push to ready the market ecosystem to speed up the settlement cycle, which currently stands at T+1.

Lock-up on nearly Rs 1.2 trillion pre-IPO shares to lift in two months

Lock-up on nearly Rs 1.2 trillion pre-IPO shares to lift in two months

Rediff.com   2 Dec 2024

Lock up on shares worth nearly Rs 1.2 trillion ($14 billion) belonging to 50 companies will end between now and January 31, said Nuvama Institutional Equities in a note. Most of the shares are held by promoters, strategic investors or pre-listing shareholders in companies that have gone public in recent weeks or months.

Will Trump Be Adani's Saviour?

Will Trump Be Adani's Saviour?

Rediff.com   26 Nov 2024

'If the criminal or civil charges are deemed unworthy or defective, Trump's new justice department and SEC can withdraw the criminal and civil cases.'

Adani Charges Test For US Legal System

Adani Charges Test For US Legal System

Rediff.com   25 Nov 2024

US prosecutors' case against Gautam Adani and others may stumble on the extraterritorial application of American law.

LML owner sues Bajaj Auto over 'Freedom' trademark

LML owner sues Bajaj Auto over 'Freedom' trademark

Rediff.com   4 Oct 2024

SG Corporate Mobility - the parent company of the Indian two-wheeler brand LML - has taken auto major Bajaj Auto to high court, claiming that it was illegally using its 'Freedom' trademark in newly-launched Bajaj Freedom CNG motorbikes, the company said in a statement on Thursday. SG Corporate Mobility claims that the term 'Freedom' has a deep-rooted association dating back to 2002 when the company had introduced its 'LML Freedom' motorcycle. The trademark 'Freedom,' along with the 'LML' brand, was officially assigned to SG Corporate Mobility in 2021 after being transferred by LML.

Once She Begged. Now She's A Doctor!

Once She Begged. Now She's A Doctor!

Rediff.com   4 Oct 2024

After a wait of 20 years, Pinki Haryan is a qualified doctor raring to serve the destitute and give them a better life.

Zomato ties up with IRCTC for food delivery

Zomato ties up with IRCTC for food delivery

Rediff.com   16 Sep 2024

Food aggregating platform Zomato, announced its collaboration with the Indian Railway Catering and Tourism Corporation (IRCTC) with its latest offering - 'Zomato - Food Delivery in Trains'. This collaboration aims to transform train journeys, enabling passengers to enjoy a variety of dishes from the comfort of their train seats. The service is currently live across 88 cities.

Amazon Pay UPI surpasses 100 million customers, marking a major milestone

Amazon Pay UPI surpasses 100 million customers, marking a major milestone

Rediff.com   27 Aug 2024

Amazon Pay UPI has crossed 100 million customers, with the online platform used mainly for e-commerce transactions, utility bill payments and mobile recharges, the company announced on Monday.

RBI Warns Use Of CBDC As Crisis Safe Haven

RBI Warns Use Of CBDC As Crisis Safe Haven

Rediff.com   14 Aug 2024

'The impact of CBDC on deposits and deposit insurance is largely unknown.'