Raghav Aggarwal

All stories by Raghav Aggarwal

India's 10 Costliest Weddings

India's 10 Costliest Weddings

Rediff.com12 Jul 2024

The estimated costs of these weddings start from Rs 100 crore and go up to Rs 700 crore.

Budget 2024: Real estate sector bats for revival of affordable housing

Budget 2024: Real estate sector bats for revival of affordable housing

Rediff.com29 Jun 2024

The real estate sector wants "high-impact" measures, like special schemes and tax breaks for developers, to revive the fortunes of the affordable housing segment in the country, multiple executives told Business Standard. This segment has been struggling since the Covid-19 outbreak, in contrast to larger and costlier homes which have been selling like hot cakes. The demand comes at a time when the government is taking suggestions from industry players before tabling the General Budget in the Parliament next month.

WeWork's exit from India unit unlikely to impact domestic co-working market

WeWork's exit from India unit unlikely to impact domestic co-working market

Rediff.com25 Jun 2024

The exit of WeWork from its India unit is unlikely to have an impact on the country's co-working real estate market, according to industry executives. The company last week received approval from the Competition Commission of India (CCI) to sell its entire 27.5 per cent stake in the India unit to Real Trustee Advisory Company. The majority of the stake (72.5 per cent) in WeWork India is owned by Bengaluru-based Embassy Group.

Cyber commando unit on home ministry's 100-day agenda

Cyber commando unit on home ministry's 100-day agenda

Rediff.com25 Jun 2024

These "cyber commandos" will be different from personnel at cyber police stations and will work with local administration to tackle cyber threats.

Pre-Budget talks: Industry bodies suggest tax reforms to revenue secy

Pre-Budget talks: Industry bodies suggest tax reforms to revenue secy

Rediff.com19 Jun 2024

Three industry bodies suggested changes in India's tax regime in their pre-Budget discussions with Revenue Secretary Sanjay Malhotra in New Delhi on Tuesday. The bodies - Confederation of Indian Industry (CII), PHD Chamber of Commerce and Industry (PHDCCI), and Federation of Indian Chambers of Commerce & Industry (FICCI) - held separate meetings with Malhotra during the day and put across their suggestions for the upcoming Budget.

Ultra-luxury housing in India sees shift to ultra-customised marketing

Ultra-luxury housing in India sees shift to ultra-customised marketing

Rediff.com18 Jun 2024

With the rise of ultra-luxury housing in India comes ultra-customised marketing. Developers selling high-end homes, priced above Rs 20 crore, are moving away from traditional marketing for these homes to newer methods, such as painstaking profiling of customers before showing them the property, augmented reality for visualisation of interior decor, virtual tours, and closed-door international shows. There is also marketing through online ads, social media influencers, and exclusive memberships.

Will These 5 Parties Survive After Defeat?

Will These 5 Parties Survive After Defeat?

Rediff.com6 Jun 2024

The parties which gave chief ministers and sent scores of MPs to Parliament, drew a blank this time.

Talks underway at MCA for expansion of audit companies

Talks underway at MCA for expansion of audit companies

Rediff.com24 May 2024

The Ministry of Corporate Affairs has been engaging with officials from several audit firms over the past two months to streamline the process for the expansion of audit firms in the country, according to sources familiar with the matter. These discussions have involved representatives from notable firms who have independently submitted their recommendations to the ministry.

Modi Looms Over India's Smallest Lok Sabha Seat

Modi Looms Over India's Smallest Lok Sabha Seat

Rediff.com24 May 2024

'It is necessary to have a person at the top who can make strict decisions without hesitation. Modiji has done that.'

Healthcare sector most violative of advertisement rules, says Asci report

Healthcare sector most violative of advertisement rules, says Asci report

Rediff.com23 May 2024

Maximum cases of advertisement norms violations were reported from the healthcare sector during 2023-24, followed by illegal offshore betting and personal care categories, according to the Advertising Standards Council of India's (Asci's) Annual Complaints Report released on Wednesday. The healthcare sector accounted for a maximum 19 per cent or 1,569 of 8,229 advertisements scrutinised by Asci during the year. Illegal offshore betting accounted for 17 per cent, while the share of personal care advertisements was 13 per cent.

CII asks startups to keep their valuations 'as realistic as possible'

CII asks startups to keep their valuations 'as realistic as possible'

Rediff.com29 Apr 2024

The Confederation of Indian Industry (CII) on Sunday urged Indian startups to keep their valuation "realistic" and distinguish between the goals of the organisation and its founder. "Startups may strive for long-term value creation rather than short-term valuations. "The valuations of businesses should be kept as realistic as possible," CII said in its Corporate Governance Charter for Startups.

Why BSP Wants To Go Solo In Lok Sabha 2024 Polls

Why BSP Wants To Go Solo In Lok Sabha 2024 Polls

Rediff.com29 Apr 2024

The BSP has not entered into any alliances and has also been keen to shed the tag of being a 'B-team' of the BJP.

PE deal value in Indian real estate down 30% from 2019-20: Anarock

PE deal value in Indian real estate down 30% from 2019-20: Anarock

Rediff.com17 Apr 2024

The aggregate value of private equity (PE) deals in Indian real estate has declined nearly 30 per cent to $3.6 billion in 2023-24 (FY24) as compared to $5.1 billion in FY20, according to a report released on Monday.

CEO compensation grew 40% in 4 years

CEO compensation grew 40% in 4 years

Rediff.com9 Apr 2024

It added that in the last four years, the number of CEOs earning more than Rs 20 crore has doubled. The survey titled 'Deloitte India Executive Performance and Rewards Survey 2024', based on the analysis of 400 organisations (except public sector companies), said that 75 per cent of all CEOs in India now earn more than Rs 5 crore annually. This was 66 per cent in 2020.

25 Global Brands Coming To India!

25 Global Brands Coming To India!

Rediff.com8 Apr 2024

'The Indian retail landscape is poised for a significant shift with the anticipated arrival of several prominent international luxury fashion brands in 2024.'

Big Four bet on employees with tech skill

Big Four bet on employees with tech skill

Rediff.com4 Apr 2024

The Big Four accounting firms have increased the hiring of people from technology backgrounds in India amid an increased focus of clients on digital transformation, especially after the Covid-19 pandemic. EY India said that it has expanded its overall tech talent pool by 3x in the last three years across service lines including consulting, tax, assurance, and strategy & transactions. "Today over 50 per cent of our workforce is from STEM (science, technology, engineering and mathematics) and technology background," it said, adding that it continues to hire significantly in the areas of AI, cloud computing, data analytics and cybersecurity to help its clients in transformation.

Number of women on boards of top 100 firms rose in 5 years: Report

Number of women on boards of top 100 firms rose in 5 years: Report

Rediff.com12 Mar 2024

The representation of women on the boards of the top 100 companies in India has improved in the last five years, said a survey released on Monday. The findings were based on the annual reports and website disclosures of Nifty 100 companies and revealed in the 4th Annual Corporate Governance Survey by Excellence Enablers Private Limited. In the year ending March 31, 2023, the percentage of women among the total directors in the top 100 companies was the highest since 2018-2019 - rising to 19 per cent from 15 per cent earlier.

Centre's new regulations bring cheer to owners of vintage cars in India

Centre's new regulations bring cheer to owners of vintage cars in India

Rediff.com11 Mar 2024

On Sunday morning, the sun shone brightly on vintage cars parked in symmetry on the grounds of ITC Maurya in New Delhi. The owners were making sure the old beauties turned up spick and span for a rally organised by ITC Hotels in partnership with the Heritage Motoring Club of India. The rally would end at ITC Grand Bharat in Gurugram, Haryana, later in the day.

Percentage of women in senior management falling since 2021: Grant Thornton

Percentage of women in senior management falling since 2021: Grant Thornton

Rediff.com8 Mar 2024

The percentage of Indian women in senior management positions in mid-market companies, with revenue between $10 million and $1 billion, has been declining since 2021, a report released on Thursday said. According to Grant Thornton's "Women in Business Report 2024", currently, 34 per cent of women in these Indian businesses have senior management posts. In 2023, it was 36 per cent. In 2021 and 2022, this percentage was 39 per cent and 38 per cent, respectively.

India Inc may see average salary hike of 9.6% in 2024

India Inc may see average salary hike of 9.6% in 2024

Rediff.com7 Mar 2024

India Inc may offer an average salary hike of 9.6 per cent in 2024, similar to the actual increase last year, according to a report released by global professional services provider Ernst & Young (EY). The 'Future of Pay 2024' report states that the highest salary hikes are expected in e-commerce (10.9 per cent), financial services (10.1 per cent), and 10 per cent each in professional services and real estate. The expected hike will be lower than the 10.4 per cent seen in 2022. In 2023, the highest salary hikes were seen in e-commerce (10.5 per cent), and 10.4 per cent both in auto/vehicle manufacturing and financial services.

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