News for '-------h--'

World Chess C'ship: Gukesh and Liren draw again

World Chess C'ship: Gukesh and Liren draw again

Rediff.com5 Dec 2024

The drawn match left both the players on an identical tally of 4.5 points each, still shy of 3 points in order to win the championship.

Increase in room rates, higher occupancy to drive gains for Indian Hotels

Increase in room rates, higher occupancy to drive gains for Indian Hotels

Rediff.com28 Jan 2025

Indian Hotels reported strong consolidated revenue growth of 29 per cent year-on-year (Y-o-Y) in the third quarter of the current financial year (Q3FY25), led by revenue per available room, or RevPAR, growth of 15 per cent. The average room rate, or ARR, was up 13 per cent and occupancy improved 120 basis points (bps) Y-o-Y on a standalone business. Like-for-like revenue growth was 15 per cent Y-o-Y, while TajSats (airline catering) grew by 18 per cent Y-o-Y.

Chess C'ship: Gukesh stuns Ding in Game 11, seizes lead

Chess C'ship: Gukesh stuns Ding in Game 11, seizes lead

Rediff.com8 Dec 2024

India's D Gukesh outplayed Ding Liren to seize a 6-5 lead in the World Chess Championship final

Indian gets 8 yrs jail for bid to attack White House

Indian gets 8 yrs jail for bid to attack White House

Rediff.com17 Jan 2025

The attack aimed to overthrow the democratically elected American government in order to replace it with a dictatorship fuelled by Nazi ideology, the Department of Justice said.

'Trump Is More Unpredictable'

'Trump Is More Unpredictable'

Rediff.com7 Nov 2024

'The policies announced by his administration are implemented faster.'

'Preity Was Natural, Vulnerable'

'Preity Was Natural, Vulnerable'

Rediff.com31 Jan 2025

'My mantra on set to actors has always been, 'Feel... feel'.' 'And Preity would say, 'Feeling... feeling'.'

Despite short-term blip, Sun Pharma remains favourite among investors

Despite short-term blip, Sun Pharma remains favourite among investors

Rediff.com28 Dec 2024

Around six weeks ago, Sun Pharmaceutical Industries, India's largest drugmaker, suffered a setback, which led to a selloff in the share. The US District Court of New Jersey granted Incyte's request for a preliminary injunction against Sun Pharma's launch of Leqselvi, a drug that treats alopecia.

Army chief reviews operational preparedness, interacts with troops

Army chief reviews operational preparedness, interacts with troops

Rediff.com30 Dec 2024

Army Chief Gen Upendra Dwivedi visited Dehradun on Monday and reviewed operational preparedness, interacted with troops, and received briefings on security initiatives and infrastructure development in the region. He emphasized the importance of maintaining peak operational efficiency and adaptability in a complex security environment. The visit highlights the Army's proactive approach to ensuring mission readiness and boosting troop morale.

US cop who struck and killed Indian student with patrol car fired

US cop who struck and killed Indian student with patrol car fired

Rediff.com7 Jan 2025

The development comes months after another Seattle police officer Daniel Auderer was fired following his insensitive comments and laughter after Kandula's death.

GDP growth slows to 2-year low of 5.4% in Q2

GDP growth slows to 2-year low of 5.4% in Q2

Rediff.com29 Nov 2024

India's economic growth slowed to near two-year low of 5.4 per cent in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors, but the country continued to remain the fastest-growing large economy, data showed on Friday. The gross domestic product (GDP) had expanded by 8.1 per cent in the July-September quarter of 2023-24 fiscal. The previous low level of GDP growth at 4.3 per cent was recorded in the third quarter (October-December 2022) of financial year 2022-23.

World C'ship: Stalemate continues as Gukesh-Liren play another draw

World C'ship: Stalemate continues as Gukesh-Liren play another draw

Rediff.com3 Dec 2024

The second, fourth, fifth and sixth games had ended in draws.

Why Ashok Leyland has forayed into mini-truck segment

Why Ashok Leyland has forayed into mini-truck segment

Rediff.com20 Jan 2025

'This market for diesel starts at around Rs 6.3 lakh and goes up to Rs 7 lakh, and with Saathi we have our usual price set at Rs 6.5 lakh, so we are slightly on the lower side with a superior product.'

Malaysia Open: Lakshya crashes out; Treesa-Gayatri advance

Malaysia Open: Lakshya crashes out; Treesa-Gayatri advance

Rediff.com7 Jan 2025

An inconsistent Lakshya Sen faltered in his opening match, while H S Prannoy endured a frustrating start to the season-opening Malaysia Super 100.

Strong Q2 performance, growth outlook drive gains for Info Edge stock

Strong Q2 performance, growth outlook drive gains for Info Edge stock

Rediff.com30 Nov 2024

The stock of online classified major Info Edge (India) was up over 6 per cent on Friday on expectations of demand improvement for Indian IT companies. Strong revenue growth prospects for each of its online verticals - including recruitment, matrimony, real estate, education, and upside from its holdings in companies such as Zomato - had prompted Goldman Sachs to upgrade the stock. Info Edge's standalone revenue grew 10.6 per cent year on year (Y-o-Y) in Q2FY25, beating consensus. 99acres (+16.9 per cent Y-o-Y) and Jeevansathi (+33 per cent Y-o-Y) were drivers of growth while recruitment grew 8.5 per cent Y-o-Y.

Valuations and margin moderation likely to cap upsides for Colgate

Valuations and margin moderation likely to cap upsides for Colgate

Rediff.com8 Dec 2024

Markets to track inflation data, global trends, FII trading this week: Analysts New Delhi, Dec 8 (PTI) Investors' sentiments will be guided by a host of domestic and global macroeconomic data announcements this week, along with the trading activity of foreign investors and trends in world stocks, analysts said. Besides, the rupee-dollar trend and movement of global oil benchmark Brent crude will also be crucial in dictating terms in the market, experts added. "The domestic stock market is likely to be shaped by a mix of global cues, domestic economic indicators, and the flow of investments from foreign and domestic institutional investors. Key factors like the rupee's exchange rate and crude oil prices will play a critical role in determining market trends. "Globally, geopolitical tensions, particularly the ongoing Russia-Ukraine conflict, continue to pose challenges. However, recent declines in the dollar index and US bond yields have created a more favourable environment for emerging markets like India," Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd, said. On the economic front, significant macroeconomic releases, including retail inflation and industrial production data from India as well as US core CPI, are expected to influence overall market sentiment, Gour added. Last week, the BSE benchmark jumped 1,906.33 points or 2.38 per cent, and the NSE Nifty climbed 546.7 points or 2.26 per cent. "FIIs turning buyers in early December, in a total reversal of their sustained selling strategy during the last two months, has altered the market sentiments. The change in FII (Foreign Institutional Investors) strategy is getting reflected in stock price movements, particularly in large-cap banking stocks in which FIIs have been sellers," VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. The release of US CPI inflation data will give some insights into the Fed's December meeting, an expert said. "The markets' attention is expected to turn towards macroeconomic indicators like IIP and CPI inflation. Additionally, the trend of FII inflows, following their recent buying spree, will remain a key focal point for market participants," Ajit Mishra - SVP, Research, Religare Broking Ltd, said. Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, said this week will see significant economic data releases, including GDP numbers from Japan and the UK, along with China's CPI and India's CPI.

Warning! Trump 2.0 Will Be Very Different

Warning! Trump 2.0 Will Be Very Different

Rediff.com8 Jan 2025

'Trump has no more elections to fight and his soaring ambition, which is no secret, will be to carve out a presidential legacy that outshines by far all his mediocre predecessors.' 'Trump's turnaround on the H-1B visa debate shows that he can take tough decisions and there are no holy cows in his domain,' asserts Ambassador M K Bhadrakumar.

H-1B visa renewal programme to start in Dec, Indians to benefit most

H-1B visa renewal programme to start in Dec, Indians to benefit most

Rediff.com29 Nov 2023

In a move that will benefit a significantly large number of Indian technology professionals, the US is set to begin a pilot programme for domestic renewal of certain categories of H-1B visas in December. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.

Large deals power paradigm shift in India's venture capital terrain

Large deals power paradigm shift in India's venture capital terrain

Rediff.com23 Aug 2024

India's venture capital (VC) landscape saw a strategic shift during the first half (H1) of the calendar year (CY) 2024, with a notable increase in larger-sized investments. This was evident from a 45.3 per cent rise in disclosed funding value year-on-year, despite a 2.1 per cent drop in deal volume, according to GlobalData, a data analytics and consulting company.

Manu, Gukesh, Harmanpreet honoured, para-athletes shine

Manu, Gukesh, Harmanpreet honoured, para-athletes shine

Rediff.com17 Jan 2025

The para-athletes outnumbered the able-bodied ones in the list this time due to the magnificent Paris Paralympics performance in which they returned with 29 medals, including seven gold and nine silver.

Prospects of economy expected to improve in 2025: RBI Guv

Prospects of economy expected to improve in 2025: RBI Guv

Rediff.com30 Dec 2024

Facing criticism from the government over the central bank prioritising inflation over growth, the new RBI Governor Sanjay Malhotra on Monday said that prospects of the Indian economy are expected to improve on the back of high consumer and business confidence in 2025. "As we strive to preserve financial stability to support a higher growth path for the Indian economy, our focus remains steadfast on maintaining stability of financial institutions and, more broadly, systemic stability," Malhotra said in foreword to the Financial Stability Report.

'Stop some poll guarantees': K'taka Cong MLA draws ire

'Stop some poll guarantees': K'taka Cong MLA draws ire

Rediff.com26 Nov 2024

The ruling party MLA from Vijayanagara suggested that the election guarantees have made it difficult to provide houses to the poor in the state.

World Chess C'ship: Gukesh and Ding Liren battle to a draw

World Chess C'ship: Gukesh and Ding Liren battle to a draw

Rediff.com1 Dec 2024

The sixth game of the World Chess Championship between India's D Gukesh and China's Ding Liren ended in a draw.

Want To Take Your Parents For A Holiday?

Want To Take Your Parents For A Holiday?

Rediff.com31 Dec 2024

From specialised senior-friendly tours to redesigned hotel amenities, hotels are becoming increasingly attuned to the unique requirements of elderly travellers.

World Chess C'ship: Gukesh bounces back to WIN third game

World Chess C'ship: Gukesh bounces back to WIN third game

Rediff.com27 Nov 2024

Gukesh secured a decisive victory in just 37 moves, showcasing his exceptional tactical prowess and strategic acumen.

World Championship: Gukesh loses to Ding; match tied at 6-6

World Championship: Gukesh loses to Ding; match tied at 6-6

Rediff.com9 Dec 2024

China's Ding Liren stormed back in fine fashion with a victory against Gukesh Dommaraju in Game 12 of the World Chess Championship 2024 to level the match at 6-6.

Mutual Funds add 77 mn SIP accounts in H1 to get back on high-growth track

Mutual Funds add 77 mn SIP accounts in H1 to get back on high-growth track

Rediff.com17 Oct 2023

After a short-term blip, mutual funds (MFs) are back to adding new systematic investment plan (SIP) investors at a record high pace, which was seen during the financial year 2021-22 (FY22). During the first six months (H1) of this financial year (FY24), MFs have added a net 77 million SIP accounts compared to 56 million during the same period of FY23. The net additions this year are a tad higher than the 76.5 million additions in H1 of FY22.

Banks post sixth year of profit growth in FY24, bad loans decline further

Banks post sixth year of profit growth in FY24, bad loans decline further

Rediff.com27 Dec 2024

Commercial banks in India reported a sixth consecutive year of rise in their net profits in 2023-24 while bad loans continued to fall, according to the Reserve Bank of India's (RBI's) annual publication "Trends and Progress of Banking in India", released on Thursday. "Banks' profitability rose for the sixth consecutive year in 2023-24 and continued to rise in H1:2024-25 with the return on assets (RoA) at 1.4 per cent and return on equity (RoE) at 14.6 per cent," the report said.

Chess C'ship: Gukesh holds World Champion

Chess C'ship: Gukesh holds World Champion

Rediff.com29 Nov 2024

Indian Grandmaster D Gukesh, the youngest player ever to qualify for the World Chess Championship, held defending champion Ding Liren to a draw in their fourth-round encounter in Singapore on Friday.

India 2nd country after US to make Mercedes 7-seater

India 2nd country after US to make Mercedes 7-seater

Rediff.com20 Sep 2024

This is not the first EV that Mercedes would be making in India though. It has been making the EQS sedan here for the last 18 months, and has sold 500 units of the car.

At 120 kmph, cyclonic storm may hit Odisha-WB coasts by Oct 24: IMD

At 120 kmph, cyclonic storm may hit Odisha-WB coasts by Oct 24: IMD

Rediff.com20 Oct 2024

According to weather officials, wind speeds along and off the Odisha-West Bengal coasts are anticipated to reach 60 km/h from October 23, increasing to 120 km/h from October 24 night to October 25 morning.

Lokpal dismisses corruption complaint against ex-CJI Chandrachud

Lokpal dismisses corruption complaint against ex-CJI Chandrachud

Rediff.com6 Jan 2025

India's anti-corruption ombudsman, the Lokpal, has dismissed a complaint alleging corruption against former Chief Justice of India (CJI) DY Chandrachud, citing a lack of jurisdiction. The complaint, filed in October 2024, alleged abuse of office, corruption, and favoritism by Chandrachud while he was CJI. The Lokpal, in its order, concluded that sitting judges of the Supreme Court, including the CJI, are not subject to its jurisdiction under the Lokpal and Lokayuktas Act. The Lokpal stated that the Supreme Court was established by the Constitution of India, not an Act of Parliament, making it outside the scope of its jurisdiction.

Justice Khanna to take oath as CJI on Monday, Justice Chandrachud retires

Justice Khanna to take oath as CJI on Monday, Justice Chandrachud retires

Rediff.com10 Nov 2024

Justice Sanjiv Khanna, who has been part of several landmark Supreme Court judgements such as scrapping the electoral bonds scheme and upholding abrogation of Article 370, will be sworn in as the 51st Chief Justice of India on Monday.

Shyam Benegal's Life In Pictures

Shyam Benegal's Life In Pictures

Rediff.com24 Dec 2024

Shyam Benegal passed into the ages on December 23, leaving behind a rich legacy. We look back at some interesting moments from his life.

Khel Ratna honour for Manu Bhaker, Gukesh

Khel Ratna honour for Manu Bhaker, Gukesh

Rediff.com2 Jan 2025

Shooter Manu Bhaker won two bronze medals at the 2024 Paris Olympics while Gukesh was crowned the World Chess Champion in Singapore, last month.

Street positive on cement stocks despite pricing pressures, demand woes

Street positive on cement stocks despite pricing pressures, demand woes

Rediff.com10 Sep 2024

Cement manufacturers have hiked prices after a challenging Q1FY25, and Q2FY25 (so far) when general elections and seasonal factors cut down on construction activity. The August prices are currently around 3-6 per cent above July 2024 but may not be sustainable in the face of weak demand. H2FY25 may see realisation growth which, if it happens, would drive average operating profit/tonne improvements in H2FY25 over a muted H1FY25.

Priyanka Nag: How I Won The Best Designer Award

Priyanka Nag: How I Won The Best Designer Award

Rediff.com20 Jan 2025

'The jury panel said that my collection should not be limited to a college fashion show; it had much more potential. They encouraged me to sign up for the annual National Designer Awards organised by the World Designing Forum.'

Rijiju warns Mahua Moitra over Judge Loya mention in Lok Sabha

Rijiju warns Mahua Moitra over Judge Loya mention in Lok Sabha

Rediff.com13 Dec 2024

Trinamool Congress MP Mahua Moitra's reference to the death of judge B H Loya 'long before his time' created uproar in Lok Sabha on Friday as Union minister Kiren Rijiju accused her of raising a matter settled by the Supreme Court, and warned of 'appropriate parliamentary action'.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

Core acquisition adds to Metropolis Healthcare's long-term growth plans

Core acquisition adds to Metropolis Healthcare's long-term growth plans

Rediff.com27 Dec 2024

Metropolis Healthcare (MHL) has decided to acquire a 100 per cent stake in Gurgaon-based Core Diagnostics for Rs 247 crore. This is about 2.2x FY24 (financial year 2023-24) enterprise value (EV)/sales and estimated 14x FY26 EV/Ebitda for the deal.

It's Family Time For Assembly Bypolls

It's Family Time For Assembly Bypolls

Rediff.com2 Nov 2024

Political parties have fielded sons, wives and daughters-in-law of legislators who quit after being elected to the Lok Sabha.