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With Air India will Pawan Ruia prove to be India's 'turnaround tycoon'?

With Air India will Pawan Ruia prove to be India's 'turnaround tycoon'?

Rediff.com6 days ago

Pawan Ruia has finally done it, a beaming Buddhadeb Bhattacharjee, then West Bengal chief minister, had said at the reopening of the 70-year-old Sahagunj factory owned by Dunlop in 2005. But with the Calcutta high court passing a winding-up order in 2013 and the Trinamool Congress-led state government passing a Bill to take over the company in 2016, the once-upon-a-time undisputed leader in the Indian tyre industry looks vastly undone. But that can hardly be a deterrent for Ruia, who has a penchant for making headlines one way or the other.

Sri Lanka scraps 2nd deal, to re-acquire IOC's oil tanks

Sri Lanka scraps 2nd deal, to re-acquire IOC's oil tanks

Rediff.com17 Feb 2021

Sri Lanka will re-acquire 99 World War II-era oil storage tanks leased to Indian Oil Corporation in the eastern port district of Trincomalee, Energy Minister Udaya Gammanpila announced on Wednesday.

Pawan Ruia throws hat into the ring to buy out Air India

Pawan Ruia throws hat into the ring to buy out Air India

Rediff.com17 Feb 2021

Ruia, a chartered accountant whose business ranged from sugar to textiles and heavy engineering to tyres, refused to comment on queries about his interest in Air India.

For banks, the option is to go digital or die

For banks, the option is to go digital or die

Rediff.com16 Feb 2021

Bankers need to take a call on whether they will allow technology firms to run banks or banks themselves will turn into tech firms, says Tamal Bandyopadhyay.

Former SC judge P B Sawant passes away

Former SC judge P B Sawant passes away

Rediff.com15 Feb 2021

Former Supreme Court judge P B Sawant died due to cardiac arrest at his residence in Pune in Maharashtra on Monday morning, family sources said. He was 90.

Son rise at ArcelorMittal: Aditya to take over as CEO

Son rise at ArcelorMittal: Aditya to take over as CEO

Rediff.com11 Feb 2021

Global steel giant ArcelorMittal on Thursday announced the appointment of Aditya Mittal as its chief executive officer (CEO). Aditya Mittal, son of steel baron Lakshmi N Mittal, is the chief financial officer (CFO) of the company, and will succeed his father in the new role.

PIX: Man City crush Liverpool, extend lead at the top

PIX: Man City crush Liverpool, extend lead at the top

Rediff.com8 Feb 2021

Tottenham moved up to seventh place with 36 points from 22 games

Brady wins his 7th Super Bowl at 43

Brady wins his 7th Super Bowl at 43

Rediff.com8 Feb 2021

Tom Brady leads Buccaneers to Super Bowl win on home field

Nirav Modi's remand extended till Feb 25

Nirav Modi's remand extended till Feb 25

Rediff.com5 Feb 2021

Wanted diamond merchant Nirav Modi appeared via videolink from his London prison for a regular call-over hearing at Westminster Magistrates' Court on Friday, when he was further remanded in custody until February 25, when the judgment in his extradition case is to be handed down. District Judge Angus Hamilton informed Modi that he would most likely be appearing again via videolink on the day of the ruling, which will decide whether the 49-year-old jeweller has a case to answer before the Indian courts on fraud and money laundering in relation to the Punjab National Bank (PNB) scam case. Last month, District Judge Samuel Goozee had confirmed the timeline for the judgment at the end of closing submissions in the case, during which he heard that Modi is responsible for overseeing a "ponzi-like scheme" that caused enormous fraud to PNB.

Niti's next divestment list will be ready in few weeks: Rajiv Kumar

Niti's next divestment list will be ready in few weeks: Rajiv Kumar

Rediff.com4 Feb 2021

Niti Aayog will prepare the next list of central public sector companies for disinvestment in the next few weeks, its vice chairman Rajiv Kumar said on Thursday and expressed hope that the proposed asset reconstruction and management companies to address banks' bad loan woes will do a good job like the UTI. Days after Finance Minister Nirmala Sitharaman announced the Union Budget for 2021-22 laying out various measures (including disinvestment proposals) to bolster the pandemic-hit economy, Kumar also emphasised that the Modi government has shown consistent commitment for the welfare of farmers and for the improvement of the agriculture sector. "Now the process has begun... We will complete preparation of the next list in the next few weeks, we have got the marching order," Kumar said about the list of public sector companies for the next round of stake sales.

Urmila Matondkar's 5 FINEST Performances

Urmila Matondkar's 5 FINEST Performances

Rediff.com4 Feb 2021

In a career spanning 30 years, Urmila Mantodkar has played everything from a killer to a stalker to a rape survivor.

Meet the top women's contenders at Australian Open

Meet the top women's contenders at Australian Open

Rediff.com3 Feb 2021

Penpix of the top women's contenders at the 2021 Australian Open

Rape victims' testimony not confidence-inspiring: HC

Rape victims' testimony not confidence-inspiring: HC

Rediff.com30 Jan 2021

In the second judgment, she said sole testimony of the victim in rape cases is sufficient to fix criminal liability. "However, in the present case, considering the sub-standard quality of testimony of the prosecutrix, it would be a grave injustice to send the appellant behind bars for 10 years, her order said.

Another Chelsea era begins as Tuchel named manager

Another Chelsea era begins as Tuchel named manager

Rediff.com27 Jan 2021

Tuchel has agreed an 18-month contract with the option of another year, the west London club announced.

Chelsea sack coach Lampard

Chelsea sack coach Lampard

Rediff.com25 Jan 2021

Lampard was named Chelsea coach in July 2019.

'Real power comes not from the barrel of a gun'

'Real power comes not from the barrel of a gun'

Rediff.com23 Jan 2021

'...but from those who control the narrative.' Powerful nations have mastered this art of narrative building. Those nations who aspire to become global powers must do so, observes Shanthie Mariet D'Souza.

'Vajpayee brought BJP to the pole position of Indian politics'

'Vajpayee brought BJP to the pole position of Indian politics'

Rediff.com22 Jan 2021

'When economic policies were attacked by people on his own side, he went ahead despite all the criticisms in the coalition, within the party and the Sangh Parivar.'

Ready to serve: Harris' first tweet as US Vice President

Ready to serve: Harris' first tweet as US Vice President

Rediff.com21 Jan 2021

Harris, the 49th US Vice President, will serve as the deputy of President Joe Biden, 78, who also took the oath of office, becoming the 46th US President.

Kamala Harris sworn in as America's first woman vice president

Kamala Harris sworn in as America's first woman vice president

Rediff.com20 Jan 2021

Harris, the daughter of an Indian immigrant from Chennai, scripted history by becoming the first-ever woman Vice President of the United States. She is also the first female, first Black and first South Asian American vice president.

Trump leaves White House with unprecedent tainted legacy

Trump leaves White House with unprecedent tainted legacy

Rediff.com20 Jan 2021

The 74-year-old real estate mogul-turned politician, who radically changed politics in the corridors of power in Washington, DC over the past four tumultuous years, was impeached for a second time on the charges of 'incitement of insurrection' for the violent storming of the United States Capitol by his supporters just days before the end of his four-year term.

PIX: Trump leaves White House without welcoming Biden

PIX: Trump leaves White House without welcoming Biden

Rediff.com20 Jan 2021

Donald Trump, known for his unpredictable leadership style, divisive rhetoric targeting both allies and opponents, and the only US president to be impeached twice, left the White House on Wednesday with a tainted legacy never seen before in American political history.

Legendary classical musician Ustad Ghulam Mustafa Khan passes away

Legendary classical musician Ustad Ghulam Mustafa Khan passes away

Rediff.com17 Jan 2021

Melody queen Lata Mangeshkar, Sitar maestro Ustad Amjad Ali Khan and music composer AR Rahman also paid tributes to the musician.

Kohli lauds Washington Sundar, Shardul Thakur

Kohli lauds Washington Sundar, Shardul Thakur

Rediff.com17 Jan 2021

Sundar and Shardul Thakur registered their half-centuries on day three of the ongoing fourth Test against Australia.

De Kock-led Proteas touchdown in Karachi

De Kock-led Proteas touchdown in Karachi

Rediff.com17 Jan 2021

CSA on Friday said that Marco Jansen has replaced Ottniel Baartman, who has been ruled out "due to medical reasons of a separate nature.".

Rest In Peace, Onkar Singh, Superman of News

Rest In Peace, Onkar Singh, Superman of News

Rediff.com14 Jan 2021

Onkar Singh, a valuable member of the Rediff.com team over the years, breathed his last on January 13. Syed Firdaus Ashraf, who knew him intimately, remembers the ultimate newsman.

Budget must provide a realistic road map

Budget must provide a realistic road map

Rediff.com14 Jan 2021

'But can it afford to present a scenario within the existing legal framework of fiscal consolidation?', asks A K Bhattacharya.

400 terrorists in launch pads across LoC waiting to infiltrate: Officials

400 terrorists in launch pads across LoC waiting to infiltrate: Officials

Rediff.com6 Jan 2021

A top police official said that Pakistan is trying to infiltrate terrorists along the LoC in Jammu and Kashmir even during the winters when most of the passes and mountainous areas along the border are covered in heavy snow.

Tata Motors drives in Gravitas as the new Safari

Tata Motors drives in Gravitas as the new Safari

Rediff.com6 Jan 2021

Tata Safari - The Legend Lives!

What Pranab thought about Modi

What Pranab thought about Modi

Rediff.com6 Jan 2021

Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. I learnt of it along with the rest of the country. I was not surprised when he did not discuss the issue with me prior to making the public announcement. It fitted in with his style of making dramatic announcements. A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.

Soccer: Fletcher joins Manchester United's coaching staff

Soccer: Fletcher joins Manchester United's coaching staff

Rediff.com4 Jan 2021

City's Guardiola defends Mendy after COVID protocol breach.

Nancy Pelosi re-elected as Speaker of House of Representatives

Nancy Pelosi re-elected as Speaker of House of Representatives

Rediff.com4 Jan 2021

Pelosi, 80, secured 216 votes in a tight contest against Republican Kevin McCarthy, who got support from 209 Congressmen, after Democrats lost 11 seats in the November elections to command a narrower 222-212 majority.

Soldier killed in Pak firing, shelling in J-K's Rajouri

Soldier killed in Pak firing, shelling in J-K's Rajouri

Rediff.com1 Jan 2021

Firing and mortar shelling from across the LoC was reported in the Nowshera sector of the district around 3.30 pm and at 5.30 pm, they said.

The HOT new words of 2020

The HOT new words of 2020

Rediff.com1 Jan 2021

Quarantine, lockdown, pandemic, covidiot... Sabyasachi Dutta unravels how different nations arrived at their Word Of The Year 2020.

Pak violates ceasefire; targets mosques, houses in J-K

Pak violates ceasefire; targets mosques, houses in J-K

Rediff.com31 Dec 2020

Indian Army retaliated befittingly to the unprovoked ceasefire violations.

Catalan government gives go-ahead for 2021 Spanish GP

Catalan government gives go-ahead for 2021 Spanish GP

Rediff.com30 Dec 2020

The circuit agreed last year an extension to cover this year's race, which was held in August and without spectators due to the COVID-19 pandemic, after fears it would drop off the calendar.

EPL: United go second; Arsenal win

EPL: United go second; Arsenal win

Rediff.com30 Dec 2020

Manchester United climbed two places up to second in the Premier League after Marcus Rashford scored deep into stoppage time to give them a fortuitous 1-0 home win over Wolverhampton Wanderers on Tuesday.

Modi's minister mediating with farmers

Modi's minister mediating with farmers

Rediff.com29 Dec 2020

Heckling, confrontation and strong-arm tactics don't come to him easily, reveals Aditi Phadnis.

How IAF choppers helped General Sagat liberate Bangladesh

How IAF choppers helped General Sagat liberate Bangladesh

Rediff.com24 Dec 2020

The retreating Pakistani troops were heading towards Dacca and they had to be stopped at all costs. The Eastern Army Commander, in his orders to General Sagat Singh, had reiterated that he did not want the troops of 4 Corps to cross the Meghna river. But General Sagat had other plans to threaten Dacca and ensure that the pressure would make the Pakistani commanders capitulate. This is where the IAF helicopters came in.

What we LEARNT about COVID-19

What we LEARNT about COVID-19

Rediff.com24 Dec 2020

'If you delay the diagnosis even by 24 hours, in that 24 hours individuals would have affected more people.' 'So, contact tracing, testing, isolation, quarantine needs to continue.'

Bradman's 'baggy green' sold for $340,000

Bradman's 'baggy green' sold for $340,000

Rediff.com22 Dec 2020

The "baggy green" cap awarded to late Australian cricketing great Don Bradman on his Test debut in 1928 has been sold to a local businessman for A$450,000 (US $340,000) after it failed to sell at auction last week.

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