Search results for ' Asset'

AMI To Deploy 9,000 Nvidia Rubin GPUs

AMI To Deploy 9,000 Nvidia Rubin GPUs

Rediff.com26 Aug 2026

The Hyderabad AI factory is being designed to run some of the world's largest and most sophisticated AI models, including trillion-parameter models and next-generation agentic AI applications.

At Pune event, Rahul Gandhi asks girl students to 'smash Manusmriti mindset'

At Pune event, Rahul Gandhi asks girl students to 'smash Manusmriti mindset'

Rediff.com23 Aug 2026

Congress leader Rahul Gandhi urged girl students to "smash patriarchy" and criticised the "Manusmriti mindset" during an interaction in Pune, highlighting issues of sexual harassment, safety, and economic independence for women.

ISRO Bets Big on Space Startups

ISRO Bets Big on Space Startups

Rediff.com24 Aug 2026

'ISRO will not manufacture any launch vehicles. That will all be done by the private sector or public sector undertakings.'

Sebi streamlines FPI onboarding, allows digitally signed Power of Attorney

Sebi streamlines FPI onboarding, allows digitally signed Power of Attorney

Rediff.com20 Aug 2026

India's capital markets regulator, Sebi, has simplified the onboarding process for foreign portfolio investors (FPIs) by permitting them to submit a digitally signed Power of Attorney (PoA) to their custodians, eliminating the need for notarisation or apostillisation.

2 killed as under-construction building collapses in Hyderabad

2 killed as under-construction building collapses in Hyderabad

Rediff.com22 Aug 2026

An under-construction seven-storey building in Hyderabad collapsed, killing two workers and injuring two others. The incident highlighted issues of illegal construction near a drain and violations of mandatory setbacks. Authorities revealed the building was seized four months prior, but construction resumed, leading to the collapse. Investigations into the owner's role and demolition of similar illegal structures are underway.

Indian Crypto Firms Applaud CBDT's New Reporting Framework

Indian Crypto Firms Applaud CBDT's New Reporting Framework

Rediff.com28 Jul 2026

Indian crypto exchanges and companies have expressed strong support for the Central Board of Direct Taxes' (CBDT) new Crypto Asset Reporting Framework (CARF), which mandates reporting and due-diligence obligations for crypto service providers on all transactions starting 2026.

Bajaj Finance sees 29% profit surge in Q1, driven by robust NII and AUM growth

Bajaj Finance sees 29% profit surge in Q1, driven by robust NII and AUM growth

Rediff.com31 Jul 2026

Bajaj Finance, India's largest private-sector NBFC, reported a 29 per cent year-on-year increase in standalone net profit to 5,346 crore for Q1FY27, propelled by robust growth in net interest income and assets under management, which surpassed 4 trillion.

Equity MF Inflows Fall 15% In July

Equity MF Inflows Fall 15% In July

Rediff.com12 Aug 2026

Net inflows into smallcap funds surged 39 per cent M-o-M to a record Rs 7,768 crore, while midcap fund inflows rose marginally to Rs 6,192 crore.

5 Entities With 62% Voting Rights Behind Subhash Chandra's Rs 6.5 Cr Insolvency Plan Getting NCLT Nod

5 Entities With 62% Voting Rights Behind Subhash Chandra's Rs 6.5 Cr Insolvency Plan Getting NCLT Nod

Rediff.com30 Aug 2026

The National Company Law Tribunal (NCLT) has approved media baron Subhash Chandra's personal insolvency resolution plan, which proposes to pay Rs 6.5 crore against admitted creditor claims of approximately Rs 22,006.57 crore, despite allegations from dissenting lenders that five family-linked entities controlled 61.78 per cent of the voting share.

Morne Morkel hails Prasidh Krishna's resilience, calls him 'world-class'

Morne Morkel hails Prasidh Krishna's resilience, calls him 'world-class'

Rediff.com25 Aug 2026

India bowling coach Morne Morkel has lauded pacer Prasidh Krishna for his resilience in ignoring 'outside voices' and working hard to develop into a 'world-class bowler', highlighting his impressive performance against Sri Lanka.

Tata Sons continues as 'upper-layer NBFC'; listing application pending

Tata Sons continues as 'upper-layer NBFC'; listing application pending

Rediff.com7 Aug 2026

Tata Sons, the holding company of the Tata group, continues to be classified as an 'upper-layer non-banking financial company' (NBFC) by the Reserve Bank of India (RBI), despite its application to deregister as an NBFC-Core Investment Company (CIC) remaining under consideration. This classification subjects it to enhanced regulation and a mandatory listing requirement, which remains uncertain.

Bengal to fast-track CAA hearings, 23,000 get citizenship: CM Suvendu

Bengal to fast-track CAA hearings, 23,000 get citizenship: CM Suvendu

Rediff.com25 Aug 2026

West Bengal Chief Minister Suvendu Adhikari on Monday said that hearings of applications for citizenship under the CAA will soon be over, and so far the state has issued certificates to 23,000 people out of 2.30 lakh applicants.

Meet Prashant Kishor's Wife, Jahnavi Das

Meet Prashant Kishor's Wife, Jahnavi Das

Rediff.com4 Aug 2026

Prashant Kishor and Dr Jahnavi Das first met while working on a United Nations public health initiative.

Digital Divide Keeps Women Out of India's Gig Economy: Report

Digital Divide Keeps Women Out of India's Gig Economy: Report

Rediff.com25 Aug 2026

Despite near gender parity in basic bank account ownership, women in India remain significantly underrepresented in the growing platform economy due to gaps in digital financial capability and access to credit, according to a joint report by the International Labour Organization and National Council of Applied Economic Research.

Dawood Ibrahim Associate's Assets Frozen In Drug Probe

Dawood Ibrahim Associate's Assets Frozen In Drug Probe

Rediff.com30 Apr 2026

Assets worth Rs 3.78 crore belonging to drug kingpin Danish Merchant, a key associate of fugitive gangster Dawood Ibrahim, and his key aide were frozen under the SAFEMA and NDPS Act, an official said on Thursday.

How AI Is Set To Revolutionise India's Power Generation By 2030

How AI Is Set To Revolutionise India's Power Generation By 2030

Rediff.com6 Aug 2026

A new study by The Energy & Climate Initiative Society (ENCIS) predicts that AI adoption in India's power generation sector will surge from 35% to 65% by 2030, becoming a core operational capability. The study highlights that nearly seven out of ten professionals see power generation as offering the best opportunity for efficiency gains through AI, driven by India's expanding digital infrastructure and significant investments from energy giants. Predictive asset management and proactive maintenance are identified as key areas for AI application, with efficiency being the primary driver for AI investments.

Dhruv Jurel: The Fighter Who Refused to Surrender

Dhruv Jurel: The Fighter Who Refused to Surrender

Rediff.com25 Aug 2026

Dhruv Jurel showed the same traits as his father did as an army man: Courage, discipline, resilience and an unwillingness to surrender.

US Visa Pause Clouds Travel Plans

US Visa Pause Clouds Travel Plans

Rediff.com27 Aug 2026

'One important clarification is that the reported US action is not a blanket cancellation of all US tourist visas.'

Aditya Birla Capital targets 1,000 gold loan branches in three years

Aditya Birla Capital targets 1,000 gold loan branches in three years

Rediff.com20 Aug 2026

Aditya Birla Capital has entered the gold loan business, aiming to establish 1,000 branches within three years, capitalising on the strong structural growth and surge in demand for gold-backed credit in India.

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Rediff.com13 Aug 2026

Manappuram Finance has announced the appointment of Ashish Singh as its new managing director and chief executive officer, effective January 1, 2027, marking a significant shift from its family-led governance structure.

US lawmaker flags India's FCRA bill, says could hit bilateral ties

US lawmaker flags India's FCRA bill, says could hit bilateral ties

Rediff.com5 Aug 2026

A US Congressman has raised serious concerns regarding India's proposed amendments to the Foreign Contribution Regulation Act (FCRA), warning that these changes could lead to government takeovers of religious charities and strain bilateral relations.

Rahul Dravid insists on balance in Vaibhav Sooryavanshi's development

Rahul Dravid insists on balance in Vaibhav Sooryavanshi's development

Rediff.com22 Aug 2026

According to former India coach Rahul Dravid, Vaibhav Sooryavanshi's development must balance white-ball success with sustained red-ball exposure, giving the teenager time, patience and experience to eventually become a Test cricketer.

5 High Growth Business Ideas for First-Time Women Entrepreneurs

5 High Growth Business Ideas for First-Time Women Entrepreneurs

Rediff.com24 Aug 2026

The companies that grow are the ones that adapt quickly, embrace technology thoughtfully and never lose sight of the customer.

What Caused Chinese Ship To Sink In 8 Minutes In Bay Of Bengal?

What Caused Chinese Ship To Sink In 8 Minutes In Bay Of Bengal?

Rediff.com26 Aug 2026

The MV Ocean Winner sank within about eight minutes with 24 crew aboard; experts say excess moisture in its iron ore fines cargo may have caused liquefaction.

'The Next Chairman Does Not Need To Build Tata'

'The Next Chairman Does Not Need To Build Tata'

Rediff.com14 Aug 2026

'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'

US lost roughly 25% of its MQ-9 Reaper drones in Iran war

US lost roughly 25% of its MQ-9 Reaper drones in Iran war

Rediff.com14 Aug 2026

The US military has lost at least 45 MQ-9 Reaper drones during the conflict with Iran, representing a quarter of its fleet and a significant financial blow. These losses, some due to communication failures, raise questions as India recently signed an agreement to procure 31 of these drones.

Home Flooded? Avoid These Insurance Claim Mistakes

Home Flooded? Avoid These Insurance Claim Mistakes

Rediff.com25 Aug 2026

Flood insurance claims can be rejected or reduced if homeowners do not understand what their policy actually covers.

NeoGeoInfo Secures USD 20 Million For Global Expansion

NeoGeoInfo Secures USD 20 Million For Global Expansion

Rediff.com18 Aug 2026

NeoGeoInfo Technologies, a spatial intelligence solutions provider, has secured a Series A investment of approximately USD 20 million from Neev II Fund and Aavishkaar Capital. This funding will fuel the company's R&D, expand its international presence in the Middle East and Americas, and strengthen its team for complex projects.

Smallcaps, Midcaps Race Ahead Of Largecaps

Smallcaps, Midcaps Race Ahead Of Largecaps

Rediff.com21 Aug 2026

Smallcap and midcap funds now account for nearly 30% of active equity MF folios, as stock-market gains revive investor appetite for high-growth segments.

Commercial Vehicle Loans See Rising Delinquencies, Used Car Finance Surges: CRIF

Commercial Vehicle Loans See Rising Delinquencies, Used Car Finance Surges: CRIF

Rediff.com20 Aug 2026

Commercial vehicle loans recorded the highest early-stage delinquency among vehicle finance products, with portfolio at risk (PAR) 31-90 at 4.1 per cent in June 2026, while used car loans emerged as the fastest-growing segment, according to a CRIF High Mark report.

'Best For Investors To Miss India IT Bus'

'Best For Investors To Miss India IT Bus'

Rediff.com10 Aug 2026

'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

Rediff.com24 Aug 2026

A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.

Why ED asset seizures hit record high despite fewer arrests

Why ED asset seizures hit record high despite fewer arrests

Rediff.com2 May 2026

The Enforcement Directorate (ED) reported a decrease in arrests related to money laundering cases but a significant increase in asset seizures during the last financial year. The agency also saw a rise in searches and chargesheets filed.

India's Forex Reserves Jump by $6.12 Billion to $682.35 Billion

India's Forex Reserves Jump by $6.12 Billion to $682.35 Billion

Rediff.com31 Jul 2026

India's foreign exchange reserves increased by USD 6.118 billion, reaching USD 682.354 billion for the week ending July 24, according to the Reserve Bank of India.

Massive Drug Bust: Assets Worth Crores Seized In J&K

Massive Drug Bust: Assets Worth Crores Seized In J&K

Rediff.com8 May 2026

Police in Anantnag district attached properties worth over Rs 6.5 crore, allegedly acquired through illicit drug trafficking, marking the single largest attachment under the NDPS Act in Jammu and Kashmir.

AI drives demand for flexible office spaces as firms seek agility

AI drives demand for flexible office spaces as firms seek agility

Rediff.com21 Aug 2026

Artificial intelligence (AI) is significantly increasing the demand for flexible office spaces in India, as enterprises prioritise agility, speed-to-market, and struggle with forecasting workforce requirements. AI-native startups are a primary driver, while established companies are adopting 'core-plus-flex' strategies to balance stability with adaptability.

Bankipur win gives Prashant Kishor's party a foothold in Bihar

Bankipur win gives Prashant Kishor's party a foothold in Bihar

Rediff.com3 Aug 2026

Political strategist-turned-politician Prashant Kishor's Jan Suraaj Party has secured its first seat in the Bihar Assembly, with Kishor winning the Bankipur bypoll in his electoral debut, stunning the BJP in its long-held bastion.

Udhampur Police Seize Drug Peddler's Assets

Udhampur Police Seize Drug Peddler's Assets

Rediff.com3 May 2026

Udhampur Police have attached an immovable property worth Rs 40 lakh belonging to an alleged drug peddler, Rafiq Ahmed, in the Sainik Colony area of Jammu district.

Rishikesh mother saves son, is electrocuted with infant

Rishikesh mother saves son, is electrocuted with infant

Rediff.com18 Aug 2026

A tragic incident in Rishikesh saw a mother and her two-year-old daughter electrocuted in a waterlogged area due to a snapped power line. The mother, Suman Jethudi, managed to save her 12-year-old son before her death. Following public outcry and a complaint, a Junior Engineer of Uttarakhand Power Corporation Limited (UPCL) has been suspended, and a high-level inquiry committee has been formed. UPCL has also launched a statewide safety inspection drive.

J-K Police Crackdown: Drug Dealers' Assets Seized

J-K Police Crackdown: Drug Dealers' Assets Seized

Rediff.com21 May 2026

Jammu and Kashmir Police have seized immovable properties worth approximately Rs 7.35 crore belonging to two detained drug peddlers in Kathua district, as part of an intensified campaign against drug trafficking networks.