News for '-a12'

Pet pics: A 12-year-old's story about his dog

Pet pics: A 12-year-old's story about his dog

Rediff.com14 May 2019

We asked you to share pics and stories of your furry companions. This is what 12-year-old Aarat had to share.

Deepika's journey: From a 12-year-old to India's Olympic medal prospect

Deepika's journey: From a 12-year-old to India's Olympic medal prospect

Rediff.com21 Jul 2021

Deepika Kumari is a story of grits, guts and gumption.

Toll in blasts at Christian prayer gathering in Kerala rises to 5

Toll in blasts at Christian prayer gathering in Kerala rises to 5

Rediff.com12 Nov 2023

The victim, identified as 45-year-old Sally Pradeepan from Malayattoor in Ernakulam district of the state, died at a private hospital on Saturday night, a government health bulletin said.

RIL's new energy business piques analysts' interest

RIL's new energy business piques analysts' interest

Rediff.com18 Dec 2023

For the company's latest energy initiative to expand its green energy and storage portfolio, some analysts are beginning to suggest a closer look at some of its segments. In his address to shareholders in the company's FY22 annual report, billionaire Mukesh Ambani, chairman and managing director of the company, said: "The green energy value holds great promise to outshine all our existing growth engines in just 5-7 years." The company has marked an investment of Rs 75,000 crore towards its new energy plans, which include solar energy value chain, green hydrogen, energy storage and other similar businesses.

Warner angst adds spice to Australia's sleepy home summer

Warner angst adds spice to Australia's sleepy home summer

Rediff.com5 Dec 2023

Home Tests against an undermanned Pakistan may struggle to excite even the most ardent Australian cricket fan but angst over David Warner's farewell tour has given the series a much-welcomed boost.

US investor BlackRock slashes Byju's valuation by 95% to $1 billion

US investor BlackRock slashes Byju's valuation by 95% to $1 billion

Rediff.com15 Jan 2024

BlackRock has again reduced the valuation of its share in edtech firm Byju's - this time to about $1 billion, TechCrunch reported on Friday, citing disclosures made by the US-based asset manager. This is 95 per cent less than its peak valuation of $22 billion in 2022. The markdown comes at a time when the company is facing a multitude of challenges, including securing fresh capital, delays in financial reporting and legal disputes with lenders.

Can Vijay Succeed Where Rajini Couldn't?

Can Vijay Succeed Where Rajini Couldn't?

Rediff.com2 Feb 2024

Will Vijay will go the most successful MGR/Jayalalithaa way, or that of Vijayakanth, Seeman or Kamalahaasan, or will he end up as another Rajinikanth who cries wolf at the last minute and quits the scene even before it all had really begun, asks N Sathiya Moorthy.

It was a very sad time for me as well for the wrestling fraternity: Brij Bhushan

It was a very sad time for me as well for the wrestling fraternity: Brij Bhushan

Rediff.com21 Dec 2023

The protesting wrestlers will not face any sort of vendetta politics and they will get the required support from the new federation, outgoing WFI chief Brij Bhushan Sharan Singh said on Thursday after the panel backed by him emerged victorious in the keenly-followed elections.

Fund managers find comfort in largecaps as Sensex tops 70K

Fund managers find comfort in largecaps as Sensex tops 70K

Rediff.com19 Dec 2023

Following the sharp run in markets, valuations across the board have become elevated. The National Stock Exchange Nifty50 Index now trades at a 12-month trailing price-to-earnings (P/E) multiple of 24.3 times, 18 per cent higher than this year's low of 20.5 times. The valuation expansion in the broader markets has been sharper.

Consider plea to hold 'Muslim Mahapanchayat' at Ramlila maidan: HC to police

Consider plea to hold 'Muslim Mahapanchayat' at Ramlila maidan: HC to police

Rediff.com29 Nov 2023

Justice Subramonium Prasad asked the organisation to give the list of speakers at the event to the Delhi Police and listed the case for further hearing on Thursday.

Smallcaps see biggest monthly leap in 3 years; Nifty climbs 5.5% in Nov

Smallcaps see biggest monthly leap in 3 years; Nifty climbs 5.5% in Nov

Rediff.com8 Dec 2023

Notwithstanding concerns about lofty valuations, smallcaps recorded their most significant monthly gain in nearly three years in November. The National Stock Exchange Nifty Smallcap 100 finished the month with a 12 per cent gain, the most since February 2021 when it rose by 12.2 per cent. After declining by 4.1 per cent in the preceding month, the Nifty Midcap 100 rose by 10.4 per cent, the most since July 2022.

4 bullets fired at J-K ex-SSP, 'reham' his last word, say family members

4 bullets fired at J-K ex-SSP, 'reham' his last word, say family members

Rediff.com24 Dec 2023

The police officials stated that Mir, who retired as a senior superintendent of police in 2012, was shot inside the mosque located in the Gantmulla locality of Sheeri area.

Meta Smart Glasses Get More Smarter

Meta Smart Glasses Get More Smarter

Rediff.com28 Sep 2023

Mark Zuckerberg unveiled the next generation Wayfarer style Meta Smart Glasses at the company's headquarters in Menlo Park, California, September 27, 2023.

Sheetal Sharma to lead India rugby team at Asiad

Sheetal Sharma to lead India rugby team at Asiad

Rediff.com14 Sep 2023

Singapore is the fourth country in Pool F. The top two teams in each pool will qualify for the semi-finals.

Byju's in talks with investors to raise $300 mn in return for more controls

Byju's in talks with investors to raise $300 mn in return for more controls

Rediff.com2 Jan 2024

With investors asking for a change in the board structure at Byju's, the edtech giant's founder and chief executive officer (CEO), Byju Raveendran, is now asking them to put $300 million into the company for more control. The company has rung up $5.8 billion from investors such as General Atlantic, Sofina, the Qatar Investment Authority, Sumeru Ventures, Vitruvian Partners, BlackRock, Chan Zuckerberg Initiative, Sequoia, Silver Lake, Bond Capital, Tencent, and Tiger Global.

Raveendran puts Rs 4K cr own wealth into Byju's

Raveendran puts Rs 4K cr own wealth into Byju's

Rediff.com6 Dec 2023

Byju Raveendran, founder of educational technology (edtech) firm Byju's, has injected around Rs 4,000 crore of personal capital into the company in recent months. This move comes as the company grapples with challenges, including securing fresh capital, delays in financial reporting, and legal disputes with lenders. "Raveendran has pledged personal property to assist the company in dealing with the crisis. "He conveyed to employees that despite perceptions of being a billionaire, he has reinvested a major portion of his wealth back into the company," said a person familiar with the matter.

BJK Cup: Czech Republic and Slovenia seal places in semis

BJK Cup: Czech Republic and Slovenia seal places in semis

Rediff.com11 Nov 2023

The Czech Republic won a heavyweight clash against the United States with a deciding doubles victory sending them through to the Billie Jean King Cup semi-finals in Seville.

India's pharma industry likely to take 5-6% price hikes this year

India's pharma industry likely to take 5-6% price hikes this year

Rediff.com6 Sep 2023

Notwithstanding the fact that the country's pharmaceutical (pharma) pricing regulator has allowed a 12 per cent price increase for medicines listed under the National List of Essential Medicines (NLEM) in 2023, analysts and industry insiders predict that the overall domestic pharma industry will only witness a price hike of 5-6 per cent. This is attributed to higher competitive intensity in the market. Krishnakumar V, executive director and chief operating officer (CEO) of Eris Lifesciences, a domestic-focused pharma company, noted that the NLEM segment experienced growth suppression of around 150 basis points due to price reductions during the January to July period this year.

UAPA invoked against suspect in Kerala blasts case

UAPA invoked against suspect in Kerala blasts case

Rediff.com30 Oct 2023

Besides Section 302 of the Indian Penal Code (IPC) (punishment for murder) and Section 3 of the Explosive Substances Act, relevant sections of the UAPA have also been invoked against the accused, a Special Investigation Team (SIT) official told reporters in Kochi.

Byju's in talks with 3-4 strategic buyers to sell Epic for $450 million

Byju's in talks with 3-4 strategic buyers to sell Epic for $450 million

Rediff.com7 Nov 2023

Byju's is in talks with three-four strategic buyers, including Joffre Capital Ltd and language learning platform Duolingo, to sell one of its key assets, US-based digital reading platform Epic, for about $400-$450 million, according to sources. With this, the beleaguered edtech firm wants to meet various commitments, including repaying its entire $1.2 billion term loan B (TLB) within six months. "The binding offers of the bidders to acquire Epic are expected to come in the next few weeks after the due diligence is complete," said a person familiar with the matter.

2023's Must Watch Web Series

2023's Must Watch Web Series

Rediff.com28 Dec 2023

Deepa Gahlot picks 10 Web series that was worth the viewer's while.

'Unity in diversity has helped us survive'

'Unity in diversity has helped us survive'

Rediff.com30 Dec 2023

'The BJP is trying to change this mantra.'

Divergent trends in consumer spending: Auto shines, FMCG stumbles

Divergent trends in consumer spending: Auto shines, FMCG stumbles

Rediff.com27 Nov 2023

The K-shaped economic recovery in India from the pandemic slowdown shows in corporate results as well. The automobile sector, which represents big-ticket consumption, continues to do well and has increased its share in corporate revenues and profits while fast-moving consumer goods (FMCG) companies that sell low-ticket consumer goods are struggling with poor sales and earnings growth. The share of the automobile sector, including makers of auto ancillaries, in corporate net sales rose to a 10-quarter high of 10.05 per cent during July-September 2023 (Q2FY24) from 8.94 per cent a year earlier and 9.75 per cent in Q1FY24.

Lankan president asks Mamata in Dubai: Will you lead INDIA?

Lankan president asks Mamata in Dubai: Will you lead INDIA?

Rediff.com13 Sep 2023

A smiling Sri Lanka President Ranil Wickremesinghe on Wednesday asked West Bengal Chief Minister Mamata Banerjee whether she is going to lead the Opposition alliance, INDIA.

Ujjain shocker: 12-yr-old raped, left bleeding on street

Ujjain shocker: 12-yr-old raped, left bleeding on street

Rediff.com27 Sep 2023

A girl, around 12 years of age, was found bleeding on a street in Ujjain city of Madhya Pradesh, and her medical examination confirmed that she had been raped, police said on Wednesday.

Road to Gold: Ministry approves Neeraj's Swiss training

Road to Gold: Ministry approves Neeraj's Swiss training

Rediff.com2 Sep 2023

Neeraj Chopra's preparatory camp in Switzerland gets ministry approval

What Does Ranjan Pai's Re-Entry Mean For Byju's?

What Does Ranjan Pai's Re-Entry Mean For Byju's?

Rediff.com1 Dec 2023

'Considering Pai is putting his own personal money in Byju's, stakeholders in the company can look forward to more governance and transparency.'

Why I Support Narayana Murthy

Why I Support Narayana Murthy

Rediff.com12 Dec 2023

If 4,000 workers could work round the clock for the construction of the new Parliament building, then there is no reason why all infrastructure projects too cannot follow that model, asserts Dr Sudhir Bisht.

Midcap stocks have room to correct; buy the dips: Chris Wood

Midcap stocks have room to correct; buy the dips: Chris Wood

Rediff.com24 Sep 2023

The sharp rally in the midcap stocks has made valuations expensive, and there is room for a correction, wrote Christopher Wood, global head of equity strategy at Jefferies in his latest note to investors, GREED & fear. The midcap index, Wood said, now trades at 24.1x 12-month forward earnings compared with 18.7x for the Nifty. Rising crude oil prices, he believes, are another worry for India, which imports nearly 80 per cent of its annual crude oil requirement.

Airfares Zoom For Diwali Week!

Airfares Zoom For Diwali Week!

Rediff.com26 Oct 2023

During the Diwali week (November 10-16), airfares on major routes across the country have surged by up to 44 per cent.

Profit of capital goods cos may stay the course in Q2

Profit of capital goods cos may stay the course in Q2

Rediff.com18 Oct 2023

Capital goods companies in their Q2FY24 results are expected to report another steady quarter of earnings growth as order inflows and execution remain healthy, according to analysts. An upward revision in order inflow targets and a margin improvement due to lower raw material costs are also anticipated. "We expect the execution of all capital goods companies and most EPC (engineering, procurement, and construction) companies to remain healthy Y-o-Y (year-on-year), led by strong order book accretion in the past 5-6 quarters," wrote analysts at Kotak Securities in a note, estimating revenue growth of 32 per cent for India's largest company in the capital goods space -- Larsen & Toubro.

Union minister booked for remarks on Kerala blasts

Union minister booked for remarks on Kerala blasts

Rediff.com31 Oct 2023

A case has been registered against Union Minister of State Rajeev Chandrasekhar for allegedly making statements that promote enmity between different groups, police said on Tuesday.

Wage provisions limit SBI Q2 net profit growth to 9%

Wage provisions limit SBI Q2 net profit growth to 9%

Rediff.com4 Nov 2023

The country's largest lender SBI on Saturday reported a 9.13 per cent rise in consolidated net profit to Rs 16,099.58 crore for the September quarter, weighed down by money it had to set aside for employees' impending wage and pension revisions. On a standalone basis, the State Bank of India (SBI) had a 8.03 per cent increase in the profit after tax for the reporting quarter at Rs 14,330 crore. However, the same was down 15.13 per cent compared to Rs 16,884 crore in the June quarter.

iPhone 15 has 48 MP camera, USB-C type charging

iPhone 15 has 48 MP camera, USB-C type charging

Rediff.com13 Sep 2023

Tech giant Apple on Tuesday unveiled its much-awaited iPhone 15 and iPhone 15 Plus with USB-C type charging at its "Wonderlust" event.

HDFC Bank stock anticipates $600 mn in inflows from passive trackers

HDFC Bank stock anticipates $600 mn in inflows from passive trackers

Rediff.com18 Sep 2023

Shares of HDFC Bank will witness massive inflows totalling $600 million from passive trackers this week, predict analysts. This influx is attributed to the rebalancing activities in the S&B BSE Sensex and the Financial Times Stock Exchange (FTSE) indices. The Sensex is set for its quarterly rebalancing act on September 15 (date of adjustment), resulting in inflows of $102 million (approximately Rs 850 crore).

Union excise duty collection fell 12% in first five months of FY24

Union excise duty collection fell 12% in first five months of FY24

Rediff.com10 Oct 2023

Union excise duty collection dropped 18 per cent in August year-on-year at a time when the overall central tax kitty rose about 94 per cent before devolution to the states. The mop-up from Union excise duty declined to Rs 23,576 crore in August this year compared to Rs 28,816 crore in the same month a year ago. On the other hand, total tax collection rose to Rs 2.9 trillion in the month as against Rs 1.5 trillion in August 2022-23, shows the data released by the Controller General of Accounts (CGA).

Pinarayi, Union minister continue war of words over Kerala blasts

Pinarayi, Union minister continue war of words over Kerala blasts

Rediff.com30 Oct 2023

Union Minister Rajeev Chandrasekhar on Monday alleged that Kerala under Chief Minister Pinarayi Vijayan has shown tolerance towards radical elements and radicalisation.

Loss At Byju's May Only Be Tip Of Iceberg

Loss At Byju's May Only Be Tip Of Iceberg

Rediff.com18 Nov 2023

'Byju's financials only reflect the core business. At a group level, they are experiencing substantial losses.'

Groww topples Zerodha to become largest broker in terms of no. of clients

Groww topples Zerodha to become largest broker in terms of no. of clients

Rediff.com13 Oct 2023

Nextbillion Technology (Groww), the venture capital-backed broking platform, has dislodged Zerodha Broking as India's largest brokerage in terms of number of active clients. Groww had 6.63 million active clients at the end of September, as against Zerodha's 6.48 million, ending the latter's long run at the top. AngelOne and RKSV Securities (Upstox) were ranked third and fourth with 4.86 million and 2.19 million active clients, according to data available on the National Stock Exchange (NSE).

Our assessment shows Israel not responsible for Gaza hospital blast: US

Our assessment shows Israel not responsible for Gaza hospital blast: US

Rediff.com19 Oct 2023

The massive explosion at the Al-Ahli Baptist Hospital late on Tuesday night killed 471 people and injured 314 others, the Palestinian Health Ministry has said.