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Justice Sanjiv Khanna appointed as 51st CJI, to take oath on Nov 11

Justice Sanjiv Khanna appointed as 51st CJI, to take oath on Nov 11

Rediff.com24 Oct 2024

He will take oath on November 11, a day after incumbent Justice DY Chandrachud demits office on attaining the age of 65.

Will H2 of 2023 bring more cheer to equity investors?

Will H2 of 2023 bring more cheer to equity investors?

Rediff.com10 Jul 2023

Indian equity markets had a good run in the first half of calendar year 2023 (CY23), with the S&P BSE Sensex and the National Stock Exchange Nifty50 hitting fresh 52-week highs. While the Sensex scaled up to a peak 64,718, the Nifty50 hit Mt 19,189. As the markets now prepare to enter the second half (H2) of CY23, all eyes are on global central banks, especially the US Federal Reserve, as to when they will pause and pivot as regards their interest-rate cycle.

1984 anti-Sikh riots: Forty years on, where cases stand

1984 anti-Sikh riots: Forty years on, where cases stand

Rediff.com31 Oct 2024

However, it was only in May 2023 that the central probe agency the CBI filed a chargesheet against Congress leader Jagdish Tytler for his alleged role in the killings of three people on November 1, 1984.

Who's Who In Tata Trusts

Who's Who In Tata Trusts

Rediff.com11 Oct 2024

The Tata Trusts, led by the Sir Ratan Tata Trust and the Sir Dorabji Tata Trust, hold a 66 per cent stake in Tata Sons, the Tata group's holding company.

How Will History Remember Chandrachud?

How Will History Remember Chandrachud?

Rediff.com2 Dec 2024

He could have blazed a trail that few Indian judges had. It was a missed opportunity of a lifetime, notes Ramesh Menon.

Biden celebrates Diwali at Whited House, Desis in attendance

Biden celebrates Diwali at Whited House, Desis in attendance

Rediff.com29 Oct 2024

United States President Joe Biden on Monday hosted a Diwali celebration at the White House that was attended by more than 600 eminent Indian Americans, including Congressmen, officials, and corporate executives, from across the country.

Skoda to drive in Brezza, Sonet rival in H1FY25

Skoda to drive in Brezza, Sonet rival in H1FY25

Rediff.com28 Feb 2024

koda Auto India is set to drive in a new car by the first half of next year to reach its target of 100,000 unit annual sales in the country by 2026. The compact sports utility vehicle (SUV) will be positioned against the likes of Maruti Brezza, Hyundai Venue, and Kia Sonet, and would be competitively priced, a senior company official said. koda will also export the car to right-hand-drive markets like Australia, New Zealand and the Asean nations.

Sultan of Johor Cup: Dilraj leads India to victory

Sultan of Johor Cup: Dilraj leads India to victory

Rediff.com20 Oct 2024

Mohd Konain Dad (7th minute) opened India's account before Dilraj (17th, 50th), Sharda Nand (20th, 50th) struck.

Will Singham Again Restore PVR's Profits

Will Singham Again Restore PVR's Profits

Rediff.com16 Oct 2024

>The success of Stree 2, which emerged as the highest-grossing Hindi film, was significant to PVR Inox's performance in the July-September quarter.

Govt appoints three new external RBI MPC members

Govt appoints three new external RBI MPC members

Rediff.com1 Oct 2024

The government on Tuesday appointed three external members -- Ram Singh, Saugata Bhattacharya and Nagesh Kumar -- to the RBI's rate-setting Monetary Policy Committee for four years. The central government has reconstituted the Monetary Policy Committee (MPC) of RBI, the finance ministry said in a statement. Ram Singh is the director of the Delhi School of Economics, Saugata Bhattacharya is an economist, and Nagesh Kumar is the director and Chief Executive, Institute for Studies in Industrial Development, New Delhi.

Strong India biz growth to drive gains for Godrej Consumer

Strong India biz growth to drive gains for Godrej Consumer

Rediff.com2 Nov 2024

Godrej Consumer Products Ltd (GCPL) reported a 2 per cent year-on-year (Y-o-Y) increase in consolidated revenue to Rs 3,670 crore. Organic revenue growth in constant currency was up 14 per cent Y-o-Y. Consolidated operating profit was up 5 per cent to Rs 760 crore, profit before tax grew 10 per cent Y-o-Y to Rs 710 crore, and adjusted net profit grew 12 per cent Y-o-Y to Rs 490 crore.

Volume outlook, e-auction premiums remain positive for C

Volume outlook, e-auction premiums remain positive for C

Rediff.com5 Nov 2024

The Q2FY25 revenue for Coal India (CIL) was reported at Rs 30,700 crore (down 6 per cent year-on-year or Y-o-Y and 16 per cent sequentially). The blended average selling price was Rs 1,622/tonne (down 6 per cent Y-o-Y and 3 per cent quarter-on-quarter or Q-o-Q). Adjusted operating profit stood at Rs 7,200 crore (down 20 per cent Y-o-Y and 38 per cent Q-o-Q) due to lower-than-expected e-auction volumes and higher costs.

The King of Polo Rides Off Into The Ages

The King of Polo Rides Off Into The Ages

Rediff.com16 Nov 2024

Colonel Billie Sodhi's life and family heritage reflect an unwavering commitment to excellence in polo, equestrian sports, and a rare, enduring athletic legacy.

Olympics Badminton: Sen beats Prannoy to enter quarters

Olympics Badminton: Sen beats Prannoy to enter quarters

Rediff.com1 Aug 2024

Lakshya Sen is only the third Indian men's badminton player to reach the quarter-finals at the Olympic Games.

Mouni's Backless Style Will Take Your Breath Away

Mouni's Backless Style Will Take Your Breath Away

Rediff.com13 Aug 2024

She has been bringing sexy back!

Auto majors' offer: Scrap old cars, get 3% discount on new

Auto majors' offer: Scrap old cars, get 3% discount on new

Rediff.com27 Aug 2024

Ahead of the festive season, several passenger and commercial vehicle manufacturers have agreed to offer discounts of 1.5-3 per cent on new vehicle purchase against scrapped old vehicles after a meeting with Union Minister Nitin Gadkari, an official statement said on Tuesday. The statement further said Mercedes Benz India has offered a flat discount of Rs 25,000, which will be over and above all existing discounts. Union Road Transport and Highways (RT&H) Minister Nitin Gadkari on Tuesday chaired a meeting with the SIAM delegation at Bharat Mandapam, where he addressed pressing issues in the automobile industry.

'Come back and face probe': Uncle HDK to Prajwal

'Come back and face probe': Uncle HDK to Prajwal

Rediff.com21 May 2024

"...I would appeal to him (Prajwal Revanna) to come back to Karnataka and face this investigation... If you have not done anything then why are you afraid, why did you run away? You have to face this situation," Kumaraswamy told a reporter in Bengaluru.

Shivakumar's remark on Shakti scheme sparks row, Sidda clarifies

Shivakumar's remark on Shakti scheme sparks row, Sidda clarifies

Rediff.com31 Oct 2024

Speaking to reporters in Bengaluru, the CM said, "There is no situation for revisiting it at the government level. There is no such intention, there is no such proposal."

Electoral bonds: Court orders FIR against Nirmala Sitharaman

Electoral bonds: Court orders FIR against Nirmala Sitharaman

Rediff.com28 Sep 2024

According to police, a first information report (FIR) was registered under Sections 384 (punishment for extortion) and 120B (criminal conspiracy) read with 34 (acts done by several persons in furtherance of common intention) against Union minister Nirmala Sitharaman, Enforcement Directorate officials, office-bearers of the Bharatiya Janata Party at state and national level, based on the order of a special court.

H-1B, L-1 visa fees to be hiked massively

H-1B, L-1 visa fees to be hiked massively

Rediff.com5 Jan 2023

The Biden administration has proposed a massive hike in immigration fees, including the much sought-after H-1B visas for high-skilled foreign workers, which is very popular among Indian tech professionals. Under the proposed rule, published by the US Citizenship and Immigration Services (USCIS) on Wednesday, the application for the H-1B visa increases from $460 to $780, and L-1 from $460 to $1,385. The application fee for O-1 visas has been proposed to increase from $460 to $1,055.

Trump 2.0: Will Bulls Run Amok?

Trump 2.0: Will Bulls Run Amok?

Rediff.com8 Nov 2024

'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'

Cyclone Dana causes major damage in Odisha, Bengal; 2 killed in WB

Cyclone Dana causes major damage in Odisha, Bengal; 2 killed in WB

Rediff.com25 Oct 2024

West Bengal Chief Minister Mamata Banerjee on Friday said that one person died in the state in cyclone Dana, even as the administration evacuated around 2.16 lakh people from the low-lying areas.

IOA mess: PT Usha calls for SGM

IOA mess: PT Usha calls for SGM

Rediff.com3 Oct 2024

'The SGM shall be a hybrid meeting as per Article 8.3 of the Constitution of the IOA. Those who are unable to join the meeting physically, can join the meeting through Webex for which the online link would be available on the website of the IOA.'

Lower production cost may support HZL margins

Lower production cost may support HZL margins

Rediff.com29 Oct 2024

During the September quarter (Q2FY25), Hindustan Zinc's (HZL's) revenue was reported at Rs 8,300 crore (up 22 per cent year-on-year or Y-o-Y, and 2 per cent quarter-on-quarter or Q-o-Q), marginally above consensus. Operating profit stood at Rs 4,100 crore (up 31 per cent Y-o-Y and 5 per cent Q-o-Q), also a small beat. The operating profit margin was 50 per cent, up from 48.5 per cent in Q1FY25.

Atomic bomb survivors group gets Nobel Peace Prize

Atomic bomb survivors group gets Nobel Peace Prize

Rediff.com11 Oct 2024

The group has campaigned over the years for the abolition of nuclear weapons.

Man who chopped woman's body into several pieces kills self in Odisha

Man who chopped woman's body into several pieces kills self in Odisha

Rediff.com26 Sep 2024

According to the police in Bengaluru, the suspect and the woman were working in a garment shop where they met and become friends. The two were in a relationship.

CJI Chandrachud: A legacy of landmark verdicts that shaped society, row

CJI Chandrachud: A legacy of landmark verdicts that shaped society, row

Rediff.com9 Nov 2024

While that created a stir so did the decision on his penultimate day at work with the Supreme Court rechristening its summer vacation "partial court working days", an issue that has led to criticism that the apex court judges enjoyed long breaks.

Duleep Trophy: Shreyas, Padikkal stretch India D's lead vs India C

Duleep Trophy: Shreyas, Padikkal stretch India D's lead vs India C

Rediff.com6 Sep 2024

Captain Shreyas Iyer and Devdutt Padikkal struck half-centuries to help India D stretch their lead against India C on the second day of their Duleep Trophy match.

Rising orders, execution to help road infra companies

Rising orders, execution to help road infra companies

Rediff.com12 Sep 2024

Road awards were muted in Q1FY25. But the pace will accelerate with a bidding pipeline of Rs 1.1 trillion (September 2024), mostly dominated by HAM (Hybrid Annuity Model) projects, which contribute 47 per cent and engineering procurement and construction or EPC projects, which have about 36 per cent share. Hence, infrastructure companies mostly reported revenue decline on a year-on-year (Y-o-Y) basis in Q1FY25.

Paytm appears poised for rebound

Paytm appears poised for rebound

Rediff.com18 Oct 2024

While Paytm (One97 Communications) is not completely past regulatory hurdles, its share price has gained in the last month or two. The Paytm handle migration is complete along with FDI clearance necessary for the Payment Aggregator (PA) license. UPI consumer data indicates stable market share, and expansion in partner networks in financial distribution. All this implies Paytm could be set to meet guidance of turning Adjusted Ebitda breakeven by Q4FY25 (ex of UPI-incentives).

US intercepts Russian, China bombers near Alaska

US intercepts Russian, China bombers near Alaska

Rediff.com25 Jul 2024

The North American Aerospace Defence Command (NORAD) intercepted a group of bombers near Alaska, marking the first instance of joint Russian and Chinese operations prompting such a response from the United States, CNN reported, citing, a United States defence official.

Kerala forms police team to probe sexual abuse of women in film industry

Kerala forms police team to probe sexual abuse of women in film industry

Rediff.com25 Aug 2024

The chief minister's office said the special team will be headed by IG Sparjan Kumar and will include four senior women IPS officers of the state.

Wrong to assume that sacked H-1B staffers have to leave America within 60 days: USCIS

Wrong to assume that sacked H-1B staffers have to leave America within 60 days: USCIS

Rediff.com28 Mar 2023

Amid mass layoffs in the tech sector, the federal agency for immigration services has said it is wrong to assume that sacked workers holding the much-sought-after H-1B visas have to leave the country within 60 days, asserting they have multiple options to stay in the US. 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.

Kali Puja Has Kolkata's Heart

Kali Puja Has Kolkata's Heart

Rediff.com1 Nov 2024

Ma Durga might be the city's most celebrated annual visitor, but Kali is the resident Goddess, notes Sandip Roy.

Noel Tata to succeed Ratan Tata; named chairman of Tata Trusts

Noel Tata to succeed Ratan Tata; named chairman of Tata Trusts

Rediff.com11 Oct 2024

Noel Tata -- the half-brother of late Rata Tata -- who takes over as chairman of Tata Trusts, has been with the Tata Group for over four decades, slowly rising through the ranks in the salt-to-software conglomerate. Having functioned mostly under the shadows of his illustrious half-brother, Noel (67) will now have the responsibility of leading the Tata Trusts -- broadly comprising Sir Ratan Tata Trust & Allied Trusts, and Sir Dorabji Tata Trust & Allied Trusts -- that hold a controlling 66 per cent stake in Tata Sons, the holding and promoter firm of Tata Group companies.

IT firms may remain on recovery path in Q2

IT firms may remain on recovery path in Q2

Rediff.com11 Oct 2024

Management commentary on demand environment, and forward guidance will be in focus when Indian IT services players declare their September quarter results for financial year 2024-25 (Q2FY25). The industry is exepected to have continued on the path of recovery in Q2, similar to the preceding quarter, rather than sprint towards growth. The top four firms likely grew between 0 per cent and 4 per cent year-on-year (Y-o-Y), according to consensus estimates.

Two killed, 92 hurt as super Typhoon Yagi wreaks havoc in China

Two killed, 92 hurt as super Typhoon Yagi wreaks havoc in China

Rediff.com7 Sep 2024

Yagi, the 11th typhoon of this year, made two landfalls in China on Friday, first striking Hainan and later Guangdong province.

Adulterated Drugs On Decline Amid Crackdown

Adulterated Drugs On Decline Amid Crackdown

Rediff.com10 Oct 2024

Rise in raids on illicit drug manufacturing units, alongside arrests for the production, sale, or distribution of spurious or adulterated drugs.

Modi meets Palestinian President in New York, discusses Gaza

Modi meets Palestinian President in New York, discusses Gaza

Rediff.com23 Sep 2024

Prime Minister Modi held separate talks with world leaders including his Nepalese counterpart K P Sharma Oli, and Palestinian President Mahmoud Abbas, discussing various facets of bilateral ties and reaffirmed India's support for the Palestinian people.

Siddaramaiah under pressure to step down over MUDA 'scam'?

Siddaramaiah under pressure to step down over MUDA 'scam'?

Rediff.com4 Oct 2024

Earlier, deputy Chief Minister DK Shivakumar, who is also the state party chief, also had separate meetings with Parameshwara and Jarkiholi.