News for '-a12'

At $171 billion in 2022, India Inc clinches highest ever yearly M&As

At $171 billion in 2022, India Inc clinches highest ever yearly M&As

Rediff.com19 Dec 2022

Aided by the $57.8-billion merger of HDFC Bank and HDFC, India Inc reported its highest ever mergers and acquisitions in calendar 2022 at $171 billion as against deals worth $145 billion announced last year. The acquisition by the Adani group across cement, media and ports dominated the headlines with the conglomerate making its foray into the cement sector by buying Swiss materials firm Holcim's stake in Ambuja Cements for $6.5 billion. The Adani family's additional $4-billion open offer for Ambuja did not get a response because shareholders preferred to stay invested with the new owner.

3 Reasons Budget Stands Out!

3 Reasons Budget Stands Out!

Rediff.com2 Feb 2023

The finance minister has stayed true to her commitment to fiscal consolidation, even though the pace of the decline in the deficit could have been faster, notes A K Bhattacharya.

Chorus of 'NTPC go back' grows louder in sinking Joshimath

Chorus of 'NTPC go back' grows louder in sinking Joshimath

Rediff.com18 Jan 2023

From the numerous small and big shops in the main markets to the residential properties, vehicles, and billboards, posters with the slogan 'NTPC go back' have come up around the town in Uttarakhand's Chamoli district over the past few days.

Projects that harm Joshimath should be stopped: Badrinath head priest

Projects that harm Joshimath should be stopped: Badrinath head priest

Rediff.com15 Jan 2023

Talking to PTI, he said the development works should be implemented by protecting the lives of the people.

Top Carmakers Post Double-Digit Export Growth With Maruti At The Wheel

Top Carmakers Post Double-Digit Export Growth With Maruti At The Wheel

Rediff.com4 Jan 2023

Clock 11% growth in the first 11 months of 2022.

Marcus Stoinis hits fastest Australian T20I fifty

Marcus Stoinis hits fastest Australian T20I fifty

Rediff.com25 Oct 2022

Stoinis reached his half-century in just 17 balls and finished with an 18-ball 59* much to the delight of the Australian fans at home in this knock decorated by four boundaries and six sixes

U-17 Asian Cup Qualifiers: India whip Myanmar

U-17 Asian Cup Qualifiers: India whip Myanmar

Rediff.com8 Oct 2022

India registered a hat-trick of victories in the ongoing AFC Under-17 Asian Cup 2023 Qualifiers, defeating Myanmar 4-1 at the Prince Saud Bin Jalawi Stadium, at Al Khobar, Saudi Arabia, on Friday night.

Google to spend $75 mn on women-led Indian startups

Google to spend $75 mn on women-led Indian startups

Rediff.com19 Dec 2022

Google is building voice and text search for over 100 Indian languages and will spend $75 million to support women-led startups in the country, said its CEO Sundar Pichai at the start of his visit to India - a nation that he saw as a big export economy. India, he said, will be a big export economy and it needs to create a balance between safeguarding citizens and enabling companies to innovate with its framework. Pichai first met Telecom and IT Minister Ashwini Vaishnaw and spoke at a Google for India 2022 event before calling on Prime Minister Narendra Modi.

World Cup: 'Superman' Valencia adds to cult status

World Cup: 'Superman' Valencia adds to cult status

Rediff.com21 Nov 2022

Valencia, who was taken off for the last 15 minutes of Sunday's Group A game, has had a decade-long career in the Ecuador side, starting off as a winger but being converted to a striker in the qualifiers for the 2014 World Cup.

India's Largest Maze Garden

India's Largest Maze Garden

Rediff.com7 Nov 2022

Every week, we bring you fascinating videos, chosen by you, through your likes.

Talent Cloud will address moonlighting: TCS

Talent Cloud will address moonlighting: TCS

Rediff.com24 Oct 2022

In the future of work, companies will have to embrace terms like moonlighting, gig work, flexi work as 'on-demand talent in a Cloud' can be a reality, says Milind Lakkad, chief human resource officer of Tata Consultancy Services (TCS). In some form or the other, gig work, flexiworking - and even moonlighting - will have to be welcomed by companies, says Lakkad. As a first step towards embracing these, TCS is trying to bring all these opportunities for its own employees within the company.

Cong's no-trust vote against Shivraj govt in MP defeated

Cong's no-trust vote against Shivraj govt in MP defeated

Rediff.com23 Dec 2022

The Congress had moved the motion on Wednesday, targeting the Chouhan government over law and order, unemployment, inflation, corruption, 'discrimination' against the opposition legislators, atrocities against women and tribals, farmers' problems and other issues.

What CWG gold medallist Mirabai said after meeting PM

What CWG gold medallist Mirabai said after meeting PM

Rediff.com13 Aug 2022

'We feel empowered to perform for India'

Australia relocates more Afghan athletes fleeing Taliban rule

Australia relocates more Afghan athletes fleeing Taliban rule

Rediff.com17 Aug 2022

Australia evacuated more than 70 Afghan athletes, family members and officials a year ago as the Taliban swept to power.

How a 4-year-old boutique firm clinched a $12.9-billion deal

How a 4-year-old boutique firm clinched a $12.9-billion deal

Rediff.com20 Feb 2017

The Essar Oil, Rosneft deal also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions league table.

PIX: An aeroplane dedicated to Diego Maradona

PIX: An aeroplane dedicated to Diego Maradona

Rediff.com27 May 2022

The Tango D10S - a 12-seater financed by an Argentine fintech company - is designed as a flying museum in tribute to the former World Cup winner, who died of a heart attack in November 2020.

Shantaram Review: Too Verbose

Shantaram Review: Too Verbose

Rediff.com14 Oct 2022

If future episodes are as verbose and unwieldy, it might be difficult to keep from switching channels, points out Deepa Ghalot.

Global wealth up 9.8% YoY at $463.6 trn in 2021; India, China lead the way

Global wealth up 9.8% YoY at $463.6 trn in 2021; India, China lead the way

Rediff.com28 Sep 2022

India witnessed a 12 per cent year-on-year (YoY) jump in total household wealth last year, at $14,225 billion, according to the Global Wealth Report 2022 by Credit Suisse. The report also forecasts the number of millionaires in the country to more than double from 796,000 in 2021 to 1.6 million in 2026. According to the report, which is based on data for the wealth holdings of 5.3 billion adults across nearly 200 countries, global household wealth rose 9.8 per cent in 2021 to $463.6 trillion, driven by widespread gains in share prices and a favourable environment created by central bank policies in 2020 to lower interest rates but at the cost of inflationary pressure.

Vijender to make return at first pro boxing event in Raipur

Vijender to make return at first pro boxing event in Raipur

Rediff.com21 Jun 2022

Excited to witness the first professional boxing in the state, Chhattisgarh Chief Minister Bhupesh Baghel said: "Promoting sports for the current and next-generation is extremely important for the state of Chhattisgarh.

Antrix dispute: Devas seizes $87,457 cash in US

Antrix dispute: Devas seizes $87,457 cash in US

Rediff.com17 Aug 2022

Devas Multimedia has seized $87,457.47 cash that ISRO's commercial arm Antrix Corporation held in the US as it looked to enforce a $1.2 billion compensation it had won over a cancelled satellite deal, its lawyer said on Wednesday. Devas Multimedia America Inc had sought seizure of $145,000 but the actual recovery was $87,457.47 (a little less than Rs 70 lakh). This came after it secured a favourable order from the Eastern District Court of Virginia, Matthew D McGrill said.

Ranji: Siddarth's haul helps Gujarat nab first win

Ranji: Siddarth's haul helps Gujarat nab first win

Rediff.com22 Dec 2022

Himachal Pradesh, who were bowled out for 130 in their first innings, were 79 for one at stumps on day three needing another 393 runs for an improbable win.

Harry & Meghan Review: Unusual And Engaging

Harry & Meghan Review: Unusual And Engaging

Rediff.com12 Dec 2022

There is something very compelling about the story Harry and Meghan have been telling through the first three parts of this limited series, feels Vaihayasi Pande Daniel.

Ranji: Himachal squander wickets as Bengal near win

Ranji: Himachal squander wickets as Bengal near win

Rediff.com21 Dec 2022

This was Shorey's highest first-class score in 45 matches, with his previous best being 145. The double-century will do more good to his already healthy batting average of 48.49.

Gas prices hiked 40%; CNG, PNG to cost more

Gas prices hiked 40%; CNG, PNG to cost more

Rediff.com30 Sep 2022

Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step with global firming up of energy rates. The rate paid for gas produced from old fields, which make up for about two-thirds of all gas produced in the country, was hiked to $8.57 per million British thermal units from the current $6.1, according to an order from the oil ministry's Petroleum Planning and Analysis Cell (PPAC). Simultaneously, the price of gas from difficult and newer fields like the ones in Reliance Industries Ltd and its partner bp plc operated deepsea D6 block in KG basin, was hiked to $12.6 per mmBtu from $9.92, the order said.

'This is the year to pick and choose sectors and companies carefully'

'This is the year to pick and choose sectors and companies carefully'

Rediff.com20 Oct 2022

'2022 has not been -- and will not be -- the kind of 2021 bull market, which lifted all boats.'

No GST on room rents of inns managed by religious or charitable trusts

No GST on room rents of inns managed by religious or charitable trusts

Rediff.com5 Aug 2022

The finance ministry has said that the Goods and Services Tax will not apply on room rents of 'sarais' (inns) or properties managed by religious and charitable institutions. The clarification was issued by the Central Board of Indirect Taxes and Customs (CBIC) on Thursday evening to clear the confusion with regard to the levy of GST on room rents. This clarification by the Finance Ministry came following a demand from various quarters including AAP MP Raghav Chadha that the GST on rooms rented by religious institutions be withdrawn.

India's valuation premium to emerging market peers at five-month high

India's valuation premium to emerging market peers at five-month high

Rediff.com26 Aug 2022

A sharp rally in domestic stocks from June lows has once again rendered Indian markets expensive to their emerging-market (EM) peers. The 12-month forward price-to-earnings (P/E) multiple for the Nifty50 Index is around 20.6x - 82 per cent higher than 11.3 per cent for the MSCI EM Index. India's valuation premium has hit a five-month high. This is on the back of sharp outperformance to EM and global peers from June lows and also due to earnings downgrades, following the April-June quarter of 2022-23 earnings.

How NITI Aayog got 5 cities to agree to new purchase model of e-buses

How NITI Aayog got 5 cities to agree to new purchase model of e-buses

Rediff.com26 May 2022

Five cities -- Delhi, Bengaluru, Kolkata, Hyderabad and Surat -- ceded their power of procurement and agreed to a different procurement model to operate state-run buses.

India slay Singapore to retain CWG men's TT team gold

India slay Singapore to retain CWG men's TT team gold

Rediff.com3 Aug 2022

In the first singles, Sharath went down 7-11, 14-12, 3-11,9-11 against Clarence.

Natural gas price to rise to record level this week

Natural gas price to rise to record level this week

Rediff.com25 Sep 2022

Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, is likely to rise to record levels at the rate review scheduled this week, sources said. The government-dictated price for natural gas produced in the country is to be revised on October 1. After factoring in the spike in energy prices witnessed in recent months, the rate paid for gas produced from old fields such as of state-owned Oil and Natural Gas Corporation (ONGC) is likely to rise to $9 per million British thermal units from current $6.1.

GST council clears proposal to remove tax exemptions on some items

GST council clears proposal to remove tax exemptions on some items

Rediff.com28 Jun 2022

The GST Council on Tuesday approved changes in tax rates on some goods and services while allowing states to issue an e-way bill for intra-state movement of gold and precious stones, officials said. The Council, chaired by Finance Minister Nirmala Sitharaman and comprising state counterparts, also cleared a host of compliance procedures for GST-registered businesses along with a GoM report on high-risk tax payers to check evasion. The discussion on the crucial issues of extension of compensation to states beyond June 2022 and the imposition of 28 per cent GST on casinos, online gaming and horse racing, will take place on Wednesday.

Chopra in World javelin final with 1st throw; Rohit Yadav also qualifies

Chopra in World javelin final with 1st throw; Rohit Yadav also qualifies

Rediff.com22 Jul 2022

His first throw of 88.39 metres earned him automatic qualification for the final.

Actor Stephen Fry is new MCC president

Actor Stephen Fry is new MCC president

Rediff.com5 May 2022

Speaking in November last year, his address followed Azeem Rafiq's allegations that he had been a victim of institutional racism at Yorkshire County Cricket Club.

South Korea dethrone China, end 12-year Uber Cup drought

South Korea dethrone China, end 12-year Uber Cup drought

Rediff.com15 May 2022

South Korea ended their 12-year wait for an Uber Cup title with a 3-2 upset of defending champions China that was only decided in the last singles match of the final in Bangkok, Thailand on Saturday.

'Yeh Bachchan saab hain ka?'

'Yeh Bachchan saab hain ka?'

Rediff.com18 Nov 2022

'He made me feel like a crorepati even without sitting in the hot seat.'

Haryana home minister denies nod to probe IAS officer Khemka

Haryana home minister denies nod to probe IAS officer Khemka

Rediff.com27 Jul 2022

Haryana's Home Minister Anil Vij has recommended that sanction for investigation "may be denied" in a case registered against senior IAS officer Ashok Khemka by the State Warehousing Corporation in a 12-year-old matter.

Shooting WC: Anjum clinches silver, India move up to third spot

Shooting WC: Anjum clinches silver, India move up to third spot

Rediff.com3 Jun 2022

Anjum went down 12-16 in the gold medal match to Denmark's Rikke Maeng Ibsen.

Wipro net profit rises to Rs 3,092 crore in Q4

Wipro net profit rises to Rs 3,092 crore in Q4

Rediff.com29 Apr 2022

IT company Wipro on Friday posted a 4 per cent rise in consolidated profit at Rs 3,092.5 crore in the fourth quarter ended March 2022. The company had registered a profit of Rs 2,974.1 crore in the same period a year ago. "We have had an outstanding year, finishing with USD 10.4 billion in revenues, and an industry-leading growth of 27 per cent Year-on-Year (Y-o-Y).

A creative writing workshop for your kids

A creative writing workshop for your kids

Rediff.com21 Apr 2022

Creative writing workshops for children from HarperCollins India and Amar Chitra Katha.

Bubble To Bubble Transfer for Rohit, Bumrah

Bubble To Bubble Transfer for Rohit, Bumrah

Rediff.com16 Mar 2022

'He has got more grey hair after beginning captaincy,' Head Coach Mahela Jayewardene quipped as he gave his skipper an affectionate hug.