Search results for ' Asset'

McCullum: Pietersen Must Challenge England's White-Ball Setup

McCullum: Pietersen Must Challenge England's White-Ball Setup

Rediff.com6 days ago

England's white-ball head coach Brendon McCullum has encouraged newly-appointed mentor Kevin Pietersen to actively challenge the team's approach and suggest improvements, leveraging his "incredible pedigree as a player."

India's Forex Kitty Soars to New All-Time High of $740.8 Billion

India's Forex Kitty Soars to New All-Time High of $740.8 Billion

Rediff.com4 Sep 2026

India's foreign exchange reserves surged by USD 11.475 billion to a new record high of USD 740.803 billion for the week ended August 28, driven by the RBI's concessional forex swap initiatives.

Tata Sons listing looms after RBI rejects plea on NBFC status

Tata Sons listing looms after RBI rejects plea on NBFC status

Rediff.com12 Sep 2026

The Reserve Bank of India (RBI) has rejected Tata Sons' application to surrender its non-banking finance company (NBFC) licence, a decision that mandates a public markets listing for the conglomerate's holding company as it is classified as an upper-layer NBFC.

'Abominable practice': HC orders SBI to refund widow's Rs 19.90 lakh FD

'Abominable practice': HC orders SBI to refund widow's Rs 19.90 lakh FD

Rediff.com2 days ago

The Allahabad High Court has ordered the State Bank of India (SBI) to refund Rs 19.90 lakh debited from a widow's fixed deposit to recover her deceased husband's personal loan. The court deemed the bank's action an "abominable" breach of banking practice and also directed SBI to pay Rs 1 lakh in compensation to the woman.

NSE's Mega IPO Fully Subscribed on Day 2, QIBs and Non-Institutional Investors Lead

NSE's Mega IPO Fully Subscribed on Day 2, QIBs and Non-Institutional Investors Lead

Rediff.com2 days ago

The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) was fully subscribed on the second day of bidding, driven by strong interest from qualified institutional buyers and non-institutional investors.

Accept 7 conditions or face 'decisive war': Iran tells Trump

Accept 7 conditions or face 'decisive war': Iran tells Trump

Rediff.com1 days ago

Iran has conveyed seven conditions to the United States through Qatari mediators for starting negotiations to end the ongoing war, while warning that Tehran is prepared for a "decisive war" if Washington rejects its demands.

Education Minister Highlights NCERT's Role In Viksit Bharat

Education Minister Highlights NCERT's Role In Viksit Bharat

Rediff.com1 Sep 2026

Union Education Minister Pralhad Joshi announced that revised NCERT textbooks for classes 10 to 12 are being prepared in "mission mode," while textbooks for classes 1 to 9 under the new National Curriculum Framework have already been released. He emphasised NCERT's role in building a 'Viksit Bharat' and highlighted the need for curricula to evolve with AI advancements and the importance of India's young population as a global asset.

NSE's Rs 22,569-crore IPO sees 43% subscription on opening day

NSE's Rs 22,569-crore IPO sees 43% subscription on opening day

Rediff.com3 days ago

The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) was subscribed 43 per cent on its first day of bidding, making it India's second-largest public issue after Hyundai Motor India's Rs 27,870-crore IPO in 2024.

Rentomojo IPO subscribed 73 times, Karamtara 62.6 times; 4 others also fully subscribed

Rentomojo IPO subscribed 73 times, Karamtara 62.6 times; 4 others also fully subscribed

Rediff.com11 Sep 2026

Six initial public offerings, including Rentomojo Ltd and Karamtara Engineering, were fully subscribed on their final day of bidding, with Rentomojo's IPO subscribed 72.88 times and Karamtara's 62.63 times, reflecting robust investor appetite in the primary market.

NSE's Rs 22,569-crore IPO opens, subscribed 9% on Day 1

NSE's Rs 22,569-crore IPO opens, subscribed 9% on Day 1

Rediff.com4 days ago

The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) opened for subscription, receiving 9 per cent bids on its first day, with strong participation from anchor investors.

Asian Games: 'Vidarsa has made Keralam proud'

Asian Games: 'Vidarsa has made Keralam proud'

Rediff.com17 hours ago

Vidarsa K Vinod has made history by becoming the first woman from Keralam to win an Asian Games medal in shooting, securing a silver in the women's 10m air rifle team event in Japan.

Digital Credit Surges In Tier-2 Cities, Salaried Women Borrow More

Digital Credit Surges In Tier-2 Cities, Salaried Women Borrow More

Rediff.com10 Sep 2026

A new report, the Digital Credit and Inclusion Index (DCII) 2026, reveals that Tier-2 cities are spearheading digital credit adoption in India. The study, a collaboration between Pahle India Foundation and Amazon Pay, highlights that salaried women are borrowing more than men and that digital credit is primarily used for consumption, with limited productive use.

Miss These 10 Days, Lose 55% Of Your Wealth

Miss These 10 Days, Lose 55% Of Your Wealth

Rediff.com6 days ago

What happens to my money if the market falls off a cliff tomorrow? Sandipan Roy, CIO, Motilal Oswal Private Wealth has the answer.

Why Fund Managers Are Avoiding IT Stocks

Why Fund Managers Are Avoiding IT Stocks

Rediff.com9 Sep 2026

IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.

Equity MF Inflows Hit Four-Month High In August

Equity MF Inflows Hit Four-Month High In August

Rediff.com11 Sep 2026

Smallcap funds topped the net inflow chart for the second consecutive month, as investors poured record Rs 7,973 crore into one of the best-performing MF categories.

NIIF, PB Fintech, And DGFT Announce Major Strategic Moves

NIIF, PB Fintech, And DGFT Announce Major Strategic Moves

Rediff.com7 Sep 2026

National Investment and Infrastructure Fund Limited (NIIF) has appointed Gauravjit Singh as managing partner to lead its global capital formation efforts. Simultaneously, PB Fintech's payment aggregator platform, PB Pay, has gone live, offering consolidated payment acceptance for merchants. In a move to enhance trade efficiency, the Directorate General of Foreign Trade (DGFT) has introduced open API integration for Certificate of Origin, allowing exporters to streamline their application processes.

Accel's 11-Year Bet on RentoMojo Pays Off with Strong IPO Debut

Accel's 11-Year Bet on RentoMojo Pays Off with Strong IPO Debut

Rediff.com3 hours ago

Accel's early investment in RentoMojo, a furniture and appliance rental platform, has paid off handsomely with the company's strong debut on the stock exchanges, listing nearly 19 per cent above its issue price after a significantly oversubscribed IPO.

How Social Media Is Destroying Your Retirement

How Social Media Is Destroying Your Retirement

Rediff.com3 days ago

Urban Indian millennials are caught in an algorithmically amplified consumption spiral where social media normalises spending patterns that systematically undermine retirement security.

6 IPOs Take Stage In Record Debut-Day Rush

6 IPOs Take Stage In Record Debut-Day Rush

Rediff.com3 days ago

Six companies made their stock market debut on Thursday, setting a new record for the most mainboard listings on a single day since at least 1996.

'Tata Trusts Wants To Determine Destiny Of Group Companies'

'Tata Trusts Wants To Determine Destiny Of Group Companies'

Rediff.com2 days ago

'Members of Indian family businesses have considered it their birthright to work there and responsibility to take care of it.'

India must prioritise 'speed of doing business' for sustained growth: CII President

India must prioritise 'speed of doing business' for sustained growth: CII President

Rediff.com4 days ago

India needs to move beyond ease and cost of doing business and focus on the "speed of doing business" as the next leg of reforms to sustain economic growth and private investment, Confederation of Indian Industry (CII) President R Mukundan said.

Internal Rift: Hockey India President Dilip Tirkey Strips DG Of All Powers

Internal Rift: Hockey India President Dilip Tirkey Strips DG Of All Powers

Rediff.com12 Sep 2026

Hockey India President Dilip Tirkey has served a legal notice to Director General Cdr RK Srivastava, immediately stripping him of all powers. The move comes amidst an internal rift, with Tirkey citing the need to maintain discipline, accountability, and smooth functioning within the organisation. Srivastava has been directed to hand over all operational charge and official documents.

Mamata-Congress tie-up in Nandigram: Has Bengal Oppn politics changed?

Mamata-Congress tie-up in Nandigram: Has Bengal Oppn politics changed?

Rediff.com20 hours ago

Former West Bengal Chief Minister's faction has announced support for the Congress candidate in the Nandigram assembly bypoll, marking a significant shift in state politics. This move comes amidst an internal party dispute within the Trinamool Congress and is seen as an attempt to consolidate anti-BJP votes and strengthen the INDIA bloc, despite a history of acrimonious rivalry between the two parties.

Leaked images show damaged US bases in Iranian strikes

Leaked images show damaged US bases in Iranian strikes

Rediff.com4 days ago

New photographic evidence and a Pentagon inspector general's report confirm extensive damage to US military installations across the Middle East due to Iranian missile and drone strikes. The report details billions in financial costs, structural losses to hundreds of buildings, and damage to dozens of aircraft, contradicting previous assertions about US military readiness and ordnance stockpiles. The conflict also led to disruptions in the Strait of Hormuz, impacting global oil prices.

Delhi HC orders 6-month forensic audit in Daiichi-Fortis case

Delhi HC orders 6-month forensic audit in Daiichi-Fortis case

Rediff.com1 Sep 2026

The Delhi High Court has mandated a six-month forensic audit into the alleged dissipation of assets by former Fortis promoters Malvinder Mohan Singh and Shivinder Mohan Singh, stemming from enforcement proceedings by Japanese drug major Daiichi Sankyo.

ONGC to spend Rs 1 trillion on deepwater oil exploration

ONGC to spend Rs 1 trillion on deepwater oil exploration

Rediff.com1 Sep 2026

State-run ONGC plans a massive Rs 1 trillion investment in deepwater exploration over the next five years, aiming to drill 87 wells to counter declining domestic crude oil and natural gas production. The company is also establishing a trading firm and its overseas arm, OVL, is pursuing operatorship of assets in Venezuela.

India's Forex Kitty Soars to All-Time High of $729.3 Billion

India's Forex Kitty Soars to All-Time High of $729.3 Billion

Rediff.com28 Aug 2026

India's foreign exchange reserves have surged by $12.42 billion, reaching a new all-time high of $729.33 billion for the week ended August 21, driven by increases in foreign currency assets and gold reserves.

Jyotika-Suriya Renew Wedding Vows

Jyotika-Suriya Renew Wedding Vows

Rediff.com4 days ago

Suriya and Jyotika marked their 20th wedding anniversary by renewing their vows in a touching ceremony.

Flexi-Cap Funds Attract Nearly Rs 50,000 Crore Inflows, Investor Base Surges

Flexi-Cap Funds Attract Nearly Rs 50,000 Crore Inflows, Investor Base Surges

Rediff.com2 Sep 2026

Flexi-cap mutual fund schemes have attracted nearly Rs 50,000 crore in net inflows during January-July 2026, a 27 per cent increase year-on-year, as investors increasingly favour dynamic equity strategies.

Ladakhis get rights over barren land, relief for thousands

Ladakhis get rights over barren land, relief for thousands

Rediff.com4 Sep 2026

Ladakh Lieutenant Governor Vinai Kumar Saxena has approved new rules for the regularisation of 'nautor lands', granting proprietary rights to eligible landholders. This move aims to resolve a long-pending issue, provide legal certainty, and allow land to be used as a financial asset for thousands of residents in the Union Territory.

ISRO staring at privatisation? Employee associations seek clarity

ISRO staring at privatisation? Employee associations seek clarity

Rediff.com6 Sep 2026

Nine employee associations at ISRO have written to Chairperson V Narayanan, seeking official clarification on the proposed transfer of manufacturing and operational functions to private entities. They raised concerns about ISRO's future role, employee consequences, and recruitment, following comments by IN-SPACe chairperson Pawan Goenka regarding ISRO's eventual exit from launch vehicle manufacturing.

'We want to dominate all teams': Abhishek Sharma

'We want to dominate all teams': Abhishek Sharma

Rediff.com7 days ago

Abhishek Sharma's explosive 82-run innings led India to a seven-wicket victory over Afghanistan in the opening T20 International in New Delhi, giving them a 1-0 lead in the three-match series. Despite recent underwhelming performances, the Indian team showcased a strong collective effort, with key contributions from Jasprit Bumrah, Arshdeep Singh, and Ishan Kishan, while Afghanistan's skipper acknowledged their batting shortfall.

How AI Will Revolutionise Healthcare And Empower Doctors

How AI Will Revolutionise Healthcare And Empower Doctors

Rediff.com7 Sep 2026

Prof Ajit Kumar Chaturvedi, Vice-Chancellor of Banaras Hindu University, highlighted Artificial Intelligence's transformative potential in healthcare, emphasising its role in augmenting doctors' capabilities and enhancing efficiency. Speaking at PGIMER's Foundation Day, he stressed the need for India to develop AI solutions tailored to its unique healthcare realities, moving beyond being a mere consumer of Western-trained systems. PGIMER Director Vivek Lal also detailed the institute's expansion and commitment to affordable healthcare.

Gold Rally: Should Investors Buy Now?

Gold Rally: Should Investors Buy Now?

Rediff.com31 Aug 2026

Investors should cap gold allocation at 10-15 per cent and consider staggered purchases through gold ETFs.

Tata Sons Boardroom Battle: Listing Decision Sparks Controversy

Tata Sons Boardroom Battle: Listing Decision Sparks Controversy

Rediff.com2 days ago

A significant boardroom battle has erupted at Tata Sons, India's largest conglomerate, following the board's decision to proceed with a public listing and extend N Chandrasekaran's tenure as executive chairman, moves opposed by Noel Tata, who represents the majority shareholder Tata Trusts.

NGOs down by half in last 10 years; contribution rises to Rs 22,974 cr

NGOs down by half in last 10 years; contribution rises to Rs 22,974 cr

Rediff.com2 days ago

The Ministry of Home Affairs informed a Joint Committee of Parliament that the number of active NGOs registered under the Foreign Contribution (Regulation) Act has halved over the last decade, even as foreign funds received by them have significantly increased. Christian associations received the largest share of these funds in 2024-25. The report comes amidst discussions on a contentious FCRA amendment bill aimed at tighter government oversight.

Gujarat Official Held In Disproportionate Assets Case

Gujarat Official Held In Disproportionate Assets Case

Rediff.com1 Jun 2026

A senior Gujarat government official has been arrested by the Anti-Corruption Bureau (ACB) in a disproportionate assets case after searches revealed valuables worth over Rs 2.64 crore.

NSE IPO: 'Demand Is Unexpectedly Large'

NSE IPO: 'Demand Is Unexpectedly Large'

Rediff.com5 days ago

Shares will be allocated across different institutional investors, including domestic mutual funds, other domestic institutions and FPIs.

Mutual funds' overseas equity holdings surged to Rs 93,602 crores in FY26

Mutual funds' overseas equity holdings surged to Rs 93,602 crores in FY26

Rediff.com1 Sep 2026

Indian mutual fund holdings in overseas equity securities increased by 37.5 per cent year-on-year to approximately '93,602 crore by March-end, according to RBI data. This growth is attributed to mark-to-market gains from a global market rally and heightened investor interest, with the US remaining the primary destination for these investments.

NCLT's Subhash Chandra Order: Not Rs 22,000 Cr Bank Loan Write-Off, Clarify Sources

NCLT's Subhash Chandra Order: Not Rs 22,000 Cr Bank Loan Write-Off, Clarify Sources

Rediff.com27 Aug 2026

Sources clarify that the NCLT's approval of a repayment plan for Essel Group founder Subhash Chandra does not signify a 99.97 per cent write-off of Rs 22,000 crore in bank loans, as the figure represents claims against him as a personal guarantor, not debt personally borrowed.