Search results for 'Asia Capital'

When Terrorists Struck Iran...

When Terrorists Struck Iran...

Rediff.com4 Jan 2024

The worst terror attack in Iran this century occurred when Iranians marked the fourth anniversary of Iranian Revolutionary Guards commander General Qassem Soleimani's death. Soleimani was killed by a US drone on January 3, 2020.

Asia Cup tournament to move out of Bangladesh?

Asia Cup tournament to move out of Bangladesh?

Rediff.com26 Dec 2013

Organisers of cricket's Asia Cup will hold talks next month to decide whether to move February's tournament out of violence-plagued Bangladesh, a top official said on Thursday.

How GenAI Startup Ecosystem Is Unfolding

How GenAI Startup Ecosystem Is Unfolding

Rediff.com11 Jan 2024

'In India, the GenAI startup ecosystem is unfolding with remarkable speed, signalling a new era of technological advancement and investment opportunities.'

Air India Express cabin crew call off strike; no sacking of staffers

Air India Express cabin crew call off strike; no sacking of staffers

Rediff.com10 May 2024

Both parties will discuss the issues and there will be a meeting again on May 28, he said.

'It is not ideal, we would have also liked to have an extra day'

'It is not ideal, we would have also liked to have an extra day'

Rediff.com8 Sep 2023

'Yeah! Look, obviously, I was a little surprised when I heard it first. But we don't organise the competition, so we can't do a whole lot about it, right?'

PM in Laos tomorrow for ASEAN-India, East Asia meets

PM in Laos tomorrow for ASEAN-India, East Asia meets

Rediff.com6 Sep 2016

The Summit comes at a time when China is flexing its muscle to tighten its grip over the disputed South China Sea.

Tata front runner for GE Capital's stake in SBI Cards

Tata front runner for GE Capital's stake in SBI Cards

Rediff.com16 Sep 2015

State Bank of India partnered GE Capital in 1998 for its credit card business.

Strong outlook to support Cummins India stock

Strong outlook to support Cummins India stock

Rediff.com3 Apr 2024

Genset manufacturer Cummins India has seen its share price rise by 45 per cent in the past three months. The management has reaffirmed that growth would be in double digits over the coming two fiscal years. Growth is expected to be driven by a pickup in domestic infrastructure spending.

Paris Olympics will be more challenging: Sindhu

Paris Olympics will be more challenging: Sindhu

Rediff.com8 Feb 2024

Set to return after an injury-induced break, two-time Olympic medallist PV Sindhu is aware the road to Paris will be "challenging" and she needs to be "smarter" in her pursuit of coveted gold medal in the French capital.

Stanchart to continue focus on wealth management in India

Stanchart to continue focus on wealth management in India

Rediff.com27 Feb 2024

Standard Chartered's India strategy will focus on wealth management while credit card will remain core to its business though will avoid competition with the country's private banks, said a senior executive of the British lender. "Our focus on wealth management and affluent clients are central to our existence. "We are strong in these areas and we want to grow in these areas.

BCCI-PCB back on collision course! Ashraf rejects 'hybrid model'

BCCI-PCB back on collision course! Ashraf rejects 'hybrid model'

Rediff.com22 Jun 2023

The likely new chairman of Pakistan Cricket Board (PCB) Zaka Ashraf has rejected his predecessor Najam Sethi's much-publicised "hybrid model" for the upcoming Asia Cup.

India can become $6.7 trillion economy by 2031: S&P Global

India can become $6.7 trillion economy by 2031: S&P Global

Rediff.com3 Aug 2023

India can become a $6.7 trillion economy by 2031, from $3.4 trillion currently, if the country clocks an average growth of 6.7 per cent for 7 years, an S&P Global report said on Thursday. India had clocked a 7.2 per cent GDP growth in 2022-23 fiscal. But a global slowdown and lagged effect of a policy rate hike by RBI could slow down growth to 6 per cent in the current fiscal, S&P Global said in a report titled 'Look Forward: India's Money'.

Action Packed Time For Two-Wheelers!

Action Packed Time For Two-Wheelers!

Rediff.com19 Aug 2024

The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...

Ratan Tata-promoted Electra EV raises $25 mn

Ratan Tata-promoted Electra EV raises $25 mn

Rediff.com3 Nov 2022

Ratan Tata-promoted Electrodrive Powertrain Solutions or Electra EV has raised USD 25 million in equity capital from GEF Capital for a minority stake. The Tata Group patriarch set up Electra EV in 2017 and the company designs, manufactures and supplies EV powertrains systems across passenger and commercial vehicle segments. It also has products for the agriculture and off-highway segments.

Biocon wins BioSingapore Asia Pacific Tech Award

Biocon wins BioSingapore Asia Pacific Tech Award

Rediff.com18 Mar 2009

Every year, BioSingapore receives nominations from biotechnology industry associations, industry peers, academics and institutions across Asia-Pacific for the most outstanding companies or individuals in various categories. The nominees are judged by a panel of distinguished leaders in the field.

Vedanta in talks to raise upto $2.5 bn to repay overseas bondholders

Vedanta in talks to raise upto $2.5 bn to repay overseas bondholders

Rediff.com9 Nov 2023

Vedanta Resources (VRL), the diversified mining company headquartered in London, is giving final touches to a plan to raise up to $2.5 billion (about Rs 20,800 crore) as debt repayment deadlines near. The company owned by billionaire Anil Agarwal plans to do this by a combination of instruments, including issuing preference shares in the holding company to a slew of offshore investors from West Asia, and taking on another loan to refinance older debt at a higher interest rate. VRL, which is the group's holding company, is also looking to sell part of its 63.71 per cent stake in the Indian listed subsidiary Vedanta Ltd to meet funding requirements, said a banker close to the development.

Delhiites advised to exercise caution amid Covid variant JN.1 detection

Delhiites advised to exercise caution amid Covid variant JN.1 detection

Rediff.com19 Dec 2023

With Christmas and the New Year approaching, doctors at some hospitals in the city also referred to the detection of the first case of the new JN.1 variant of the coronavirus in the country and asked people to exercise extra caution.

At ASEAN, Modi presents 12-point proposal to bolster cooperation

At ASEAN, Modi presents 12-point proposal to bolster cooperation

Rediff.com7 Sep 2023

Modi attended the 20th ASEAN-India Summit in Jakarta. Secretary-General of ASEAN Dr Kao Kim Hourn also attended the summit.

AIF returns trailed market gains in Dec

AIF returns trailed market gains in Dec

Rediff.com25 Jan 2024

Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Close-ended schemes had a median return of 5.62 per cent in December, according to data from industry tracker PMSBazaar. The median returns for open-ended schemes were 3.91 per cent

India mobilised maximum debt in Asia

India mobilised maximum debt in Asia

Rediff.com14 Jul 2009

"Lending to India is the highest in the region with $3.3 billion via 11 loans, accounting for 22.1 per cent of total volume in 2009," the report said

Disney-Star & RIL JV will see loss of $400 mn on $3.5 bn revenue next FY

Disney-Star & RIL JV will see loss of $400 mn on $3.5 bn revenue next FY

Rediff.com20 Mar 2024

Both sports and digital will drag down the healthy operating margins that entertainment television continues to make.

New era of Indian equity outperformance is dawning: Morgan Stanley

New era of Indian equity outperformance is dawning: Morgan Stanley

Rediff.com11 Aug 2023

A new era of Indian equity market outperformance compared to China "appears to be dawning", according to Morgan Stanley. The firm has upgraded India to overweight in its Asia Pacific-excluding Japan (APxJ) list, making it their most preferred market not only in the region but also in the global emerging market (GEM) pack. India now holds the top position in this category, with an overweight of 75 basis points, a significant increase from nil previously.

Fall 2024 May Not Be A Repeat Of 2018

Fall 2024 May Not Be A Repeat Of 2018

Rediff.com1 Apr 2024

'We expect the bull-market phase to still persist, but now led by large-caps which offer better valuation and benefit from FII inflows.'
'We expect continued pressure on midcaps, but any sharp correction looks unlikely from here on.'

How India Can Defend Economy From Global Spillovers

How India Can Defend Economy From Global Spillovers

Rediff.com10 Nov 2023

While India won't be immune to global spillovers, we need to create the macro preconditions for sustained growth. Policy agility, prudence, and resilience will be key, suggests Sonal Varma.

These are Asia's top high-value real estate deals...

These are Asia's top high-value real estate deals...

Rediff.com2 Apr 2012

The sale of Leela Kempinski Kovalam was among the top 10 hotel deals in Asia during the past one year, shows data from the US-based research firm Real Capital Analytics.

Putin's North Korea Gamble

Putin's North Korea Gamble

Rediff.com26 Jun 2024

Russia's unprecedented rapprochement with North Korea has raised concerns about the re-emergence of a Russia-China-North Korea alliance which could increase the probability of conflict on the Korean Peninsula, explains Dr Rajaram Panda.

'India, China are locked in a boxing match'

'India, China are locked in a boxing match'

Rediff.com9 Jun 2023

'The 2017 Doklam stand-off in Bhutan, the 2018 Maldives crisis, and the 2020 Nepal Kalapani border dispute shows how Beijing has shot off these countries' shoulders to target India.'

One of the strongest people I know: Nayar backs Shreyas amid career setbacks

One of the strongest people I know: Nayar backs Shreyas amid career setbacks

Rediff.com3 May 2024

Ahead of his side's Indian Premier League match against Mumbai Indians, Kolkata Knight Riders assistant coach Abhishek Nayar hailed skipper Shreyas Iyer for his mental strength and positive approach to life.

9 Super Summer Holiday Options For Families

9 Super Summer Holiday Options For Families

Rediff.com3 May 2024

Looking for fun things to do as family during this sunny season?

AirAsia all set to fly to India

AirAsia all set to fly to India

Rediff.com16 Oct 2008

Maverick entrepreneur Tony Fernandes, who built low-cost carrier AirAsia to be a formidable player in South-East Asia, is prepared for a price battle in the Indian skies.

Markets in bear hug; weak global trends, crude prices weigh

Markets in bear hug; weak global trends, crude prices weigh

Rediff.com20 Oct 2023

Benchmark stock indices Sensex and Nifty fell for the third day running on Friday due to weak trends in global markets and soaring crude oil prices. Foreign fund outflows also weighed on investor sentiments amid strengthening US bond yields which are nearing 5 per cent for the first time since 2007. The 30-share BSE Sensex fell 231.62 points or 0.35 per cent to settle at 65,397.62.

Indian markets have limited upside in the near-term; buy the dips: Nomura

Indian markets have limited upside in the near-term; buy the dips: Nomura

Rediff.com13 Jun 2023

Indian equity markets have a limited upside potential in the near-term as they negotiate the ensuing cyclical slowdown, wrote analysts at Nomura in a recent coauthored report led by Saion Mukherjee, their managing director and head of equity research for India. He, however, believes that the foundations are in place for sustainable growth over the medium-to-long term, and hence suggests a 'buy on dips' strategy to equity investors. As an investment strategy, Nomura prefers domestic-oriented sectors and companies over exporters, and prefers stocks that provide valuation comfort. Industrials and banks are their overweight sectors, while IT services and consumer discretionary are their underweight sectors.

Battle Royale in Thiruvananthapuram

Battle Royale in Thiruvananthapuram

Rediff.com12 Apr 2024

The Lok Sabha contest in Thiruvananthapuram is shaping up to be a significant battle involving key candidates like Shashi Tharoor, Rajeev Chandrasekhar, and Panniyan Ravindran. This three-cornered fight highlights the political dynamics in Kerala's capital city, with each candidate bringing their own vision and promises for the region's development, notes Rajeev Srinivasan.

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Rediff.com31 Mar 2024

Adani group opened a $1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter of one week in signs that the apples-to-airport conglomerate has shrugged off the Hindenburg effect and is back to rapid expansion spree. In the last one week, Adani group has through regulatory filings and press statements announced expansions and investments in its mainstay ports business, diversification into metal refining, fund infusion into a two-year-old cement foray and continuing progress in the commissioning of its mega solar project.

Asia Cup to go ahead in Bangladesh; Afghanistan added

Asia Cup to go ahead in Bangladesh; Afghanistan added

Rediff.com4 Jan 2014

The security concerns triggered by political unrest in Bangladesh notwithstanding, the country will remain the host of the Asia Cup next month, the Asian Cricket Council (ACC) announced on Saturday.

4 capital goods stocks that look attractive

4 capital goods stocks that look attractive

Rediff.com15 Mar 2016

While the Budget might have been a sentiment booster for the sector, firms with market dominance emerge as favourites.

Global fundraising via IPOs drops 52% in 2023 to $147.2 billion

Global fundraising via IPOs drops 52% in 2023 to $147.2 billion

Rediff.com29 Sep 2023

Fundraising via initial public offers (IPOs) dropped 52.2 per cent to $147.2 billion in the first eight months of calendar year 2023 (CY23), suggests a recent report by GlobalData, a London-based analytics and consulting company. At the country level, the report suggests, India topped the charts with 152 transactions worth $3.8 billion during this period, primarily due to a higher number of SME IPOs, followed by the US with 99 deals totaling $16 billion, while China ranked third with 88 transactions worth $32.3 billion. "An analysis of GlobalData's Deals Database reveals that there were 750 IPO listings registered with an aggregate deal value of $147.2 billion in the first eight months of 2023 on the stock exchanges worldwide.

Why BJP Is More Guilty Than Sam Pitroda

Why BJP Is More Guilty Than Sam Pitroda

Rediff.com15 May 2024

If Pitroda's blunder cost him his office, what should the BJP's unrepentant attitude cost it?, asks Shyam G Menon.

Why India Has Shortage Of Skilled Workers

Why India Has Shortage Of Skilled Workers

Rediff.com31 Aug 2023

'The second generation of migrant labourers is not enthusiastic about continuing in this field.' 'The parents of the next generation do not wish their children to be part of this trade.'

'Lacklustre Market Is Good Time To Invest'

'Lacklustre Market Is Good Time To Invest'

Rediff.com1 Nov 2023

'Historically, equities have consistently outperformed debt, gold, property, and other assets over a reasonable period.'