News for '-atlantic'

Missing Titanic sub crew dead after 'catastrophic implosion'

Missing Titanic sub crew dead after 'catastrophic implosion'

Rediff.com23 Jun 2023

OceanGate was meant to explore the wreck of the sunken Titanic, in the Atlantic Ocean off Newfoundland, Canada.

Has Joe Biden Lost Interest In India?

Has Joe Biden Lost Interest In India?

Rediff.com7 May 2024

Had it not been for the slow but sure emergence of China as a threat to the western order, would India have been accepted as a near-equal partner by individual western nations, jointly and severally, questions N Sathiya Moorthy.

Will OceanGate Be Found Before Oxygen Runs Out?

Will OceanGate Be Found Before Oxygen Runs Out?

Rediff.com22 Jun 2023

A Canadian air force plane has detected intermittent 'banging' noises from OceanGate in its last known location.

Defence Budget Can't Beat Inflation!

Defence Budget Can't Beat Inflation!

Rediff.com26 Feb 2024

India spends significantly less on defence than could be expected from a country that faces simultaneous armed threats from two hostile neighbours -- China and Pakistan.

Why Priyanka Missed Parineeti's Wedding

Why Priyanka Missed Parineeti's Wedding

Rediff.com25 Sep 2023

When the paps asked why her daughter Priyanka had given the wedding a miss, Dr Chopra said, 'Woh kaam kar rahi hai (She is working).'

PhonePe raises $350 mn at $12 bn valuation

PhonePe raises $350 mn at $12 bn valuation

Rediff.com19 Jan 2023

Walmart-owned digital payments app Phonepe on Thursday said it has raised $350 million at a valuation of $12 billion in a funding round led by private equity firm General Atlantic. "Marquee Global and Indian investors are also participating in the round," PhonePe said in a statement adding the investment marks the first tranche of an up to $1 billion total fundraise that commenced in January 2023. The fundraise follows PhonePe's recently announced change of domicile to India and full separation from Flipkart.

What If Trump Wins A Second Term?

What If Trump Wins A Second Term?

Rediff.com25 Jan 2024

Although India-US relations have strengthened significantly in recent years, partly because of the security situation in the region, the Indian policy establishment would have to be prepared to protect India's interests in a world that could get more unpredictable.

5 Yummy Dishes Made With Leftovers

5 Yummy Dishes Made With Leftovers

Rediff.com2 May 2024

What can you do with common leftovers -- bread, coconut chutney, dal, rice, rotis.

Byju's EGM gets underway; investors file suit in NCLT

Byju's EGM gets underway; investors file suit in NCLT

Rediff.com23 Feb 2024

An Extraordinary General Meeting (EGM) of Byju's shareholders got underway on Friday to vote on a resolution brought by some investors to ouster founder CEO Byju Raveendran and his family over alleged "mismanagement and failures". Raveendran and his family stayed away from the EGM, calling it "procedurally invalid."

Will BJP commit to 3% of GDP for defence spending?

Will BJP commit to 3% of GDP for defence spending?

Rediff.com12 Mar 2024

Neither the BJP, nor the Congress before it, made any manifesto commitments on defence spending, even though allocations have plummeted from 4 per cent of gross domestic product (GDP) in the late 1980s to less than 2 per cent today, points out Ajai Shukla.

Beckenbauer, the icon of German sporting success

Beckenbauer, the icon of German sporting success

Rediff.com9 Jan 2024

Franz Beckenbauer was for decades synonymous with Germany's success on the pitch, as player and then coach.

Titanic tourist submersible carrying 5 goes missing

Titanic tourist submersible carrying 5 goes missing

Rediff.com20 Jun 2023

British-Pakistani billionaire businessman Shahzada Dawood and his son Suleman were also on the sub, the BBC reported on Tuesday.

No water, power to Gaza until hostages freed: Israel

No water, power to Gaza until hostages freed: Israel

Rediff.com12 Oct 2023

Amid the ongoing war between Hamas and Israel that has claimed thousands of innocent lives, Israel's Energy Minister has warned that Tel Aviv will not allow humanitarian aid or any essential resources into Gaza until Hamas releases captives, Al Jazeera reported.

Pak billionaire's son didn't want to go on Titanic sub

Pak billionaire's son didn't want to go on Titanic sub

Rediff.com23 Jun 2023

Suleman Dawood, 19, was on board the vessel with Shahzada Dawood as a Father's Day bonding trip when their small submarine is believed to have imploded, killing all five on board, including British billionaire-explorer Hamish Hamilton.

Top US official to visit Israel for hostage release negotiations: Report

Top US official to visit Israel for hostage release negotiations: Report

Rediff.com12 Nov 2023

After his visit to Brussels, McGurk will visit Israel where he is slated to meet with Prime Minister Benjamin Netanyahu, Defence Minister Yoav Gallant and senior security and intelligence officials.

Putin moves tactical nuclear warheads to Belarus-Ukraine border

Putin moves tactical nuclear warheads to Belarus-Ukraine border

Rediff.com17 Jun 2023

Russia moves forward with the plan as part of the plan to deploy tactical nuclear bombs in the country bordering Ukraine.

Reliance Retail aims at 2025 IPO after valuation jump

Reliance Retail aims at 2025 IPO after valuation jump

Rediff.com5 Oct 2023

Reliance Retail Ventures Ltd (RRVL) is discussing a three-pronged plan that includes an additional divestment of $250-300 million this year, apart from what it has diluted in favour of the Qatar Investment Authority (QIA) and US-based private equity fund KKR recently.

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.

Aditi set for 24th Major - most by any Indian!

Aditi set for 24th Major - most by any Indian!

Rediff.com22 Jun 2023

Aditi Ashok, currently enjoying her best LPGA season, is all set to compete in her 24th Major, most by any Indian golfer.

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.

UK's biggest aircraft carrier breaks down on way to US

UK's biggest aircraft carrier breaks down on way to US

Rediff.com29 Aug 2022

The United Kingdom's biggest aircraft carrier, HMS Prince of Wales, has broken down off the south coast of England after setting sail from Portsmouth Naval Base for the United States on what the Royal Navy has described as a 'landmark' aviation trial mission.

Edtech giant Byju's likely to lay off 1,000 more employees

Edtech giant Byju's likely to lay off 1,000 more employees

Rediff.com9 Jun 2023

With debt woes and a legal case in the US courts, educational technology (edtech) giant Byju's is expected to be laying off more employees, according to media reports. According to The Morning Context report, Byju's intends to lay off 1,000 employees. This number, however, could not be confirmed by Business Standard independently. A spokesperson for the company declined to comment on the reports.

Will act to protect US if China threatens our sovereignty: Biden

Will act to protect US if China threatens our sovereignty: Biden

Rediff.com8 Feb 2023

Amidst growing tension with China over a suspected surveillance balloon, US President Joe Biden has said that the United States will act to protect if Beijing threatens its sovereignty.

When Biden Met Rishi, Charles

When Biden Met Rishi, Charles

Rediff.com11 Jul 2023

On Monday, July 10, US President Joe Biden held meetings with British Prime Minister Rishi Sunak and King Charles III, in an overnight stopover in London.

Trump appeared before this Indian-American judge

Trump appeared before this Indian-American judge

Rediff.com4 Aug 2023

Trump, who is seeking to contest the 2024 presidential election from the Republican Party, on Thursday pleaded not guilty before Upadhyaya as he appeared at the courthouse that sits just blocks away from the Capitol, where his angry supporters stormed the US Congress on January 6, 2021.

Qatar fund to acquire around 1% stake in Reliance Retail for Rs 8,278 cr

Qatar fund to acquire around 1% stake in Reliance Retail for Rs 8,278 cr

Rediff.com23 Aug 2023

Qatar Investment Authority (QIA) will acquire around 1 per cent stake in Reliance Retail Ventures Ltd (RRVL), the retail arm of billionaire Mukesh Ambani-led Reliance Industries, by investing Rs 8,278 crore ($1 billion). A QIA's wholly-owned subsidiary will make the investment in India's largest retailer at a valuation of Rs 8.278 lakh crore ($100 billion). Updating about the development, Reliance Industries in a regulatory filing said: "QIA's investment will translate into a minority equity stake of 0.99 per cent in RRVL on a fully-diluted basis." RRVL is the holding company for all retail businesses of Reliance Industries Ltd (RIL).

Aliens or terrestrial activity? US clarifies on recent takedowns

Aliens or terrestrial activity? US clarifies on recent takedowns

Rediff.com14 Feb 2023

After the third unidentified object was shot down in the US on Sunday, speculations were made that they could be alien or terrestrial activities.

Mouni, Esha, Alaya's Bikini Fashion

Mouni, Esha, Alaya's Bikini Fashion

Rediff.com30 Mar 2023

The Swimsuit Files.

KKR to invest Rs 2,069 cr in Reliance Retail; to hike stake to 1.42%

KKR to invest Rs 2,069 cr in Reliance Retail; to hike stake to 1.42%

Rediff.com11 Sep 2023

Global investment firm KKR will invest Rs 2,069.50 crore in Reliance Retail Ventures Ltd for a 0.25 per cent additional stake of the retailer at a valuation of about Rs 8.36 lakh crore, Reliance Industries Ltd said on Monday. After this investment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL), the holding company of the retail business of billionaire Mukesh Ambani-led RIL, will increase to 1.42 per cent from 1.17 per cent. The investment is at "a pre-money equity value of Rs 8.361 lakh crore (around $100.87 billion)", said a joint statement.

Come, Fall In Love With India's Top Models

Come, Fall In Love With India's Top Models

Rediff.com14 Jul 2023

What models do when they're not on the catwalk.

Unacademy to lay off 12% employees as it aims to turn core biz profitable: CEO

Unacademy to lay off 12% employees as it aims to turn core biz profitable: CEO

Rediff.com30 Mar 2023

Edtech firm Uncademy will lay off 12 per cent or about 350 employees amid a funding crunch as it strives to make the core business profitable, a top company official said. In an internal note, Unacademy co-founder and CEO Gaurav Munjal mentioned that a decision has been taken to meet the goals in the current distressed global economic situation when funding is scarce. "We have taken every step in the right direction to make our core business profitable, yet it's not enough.

Qatar sovereign fund in talks for stake in Reliance Retail

Qatar sovereign fund in talks for stake in Reliance Retail

Rediff.com26 Jul 2023

Qatar's sovereign wealth fund is in early discussions to buy a minority stake in billionaire Mukesh Ambani's rapidly expanding retail unit for about $1 billion (Rs 8,200 crore), sources said. The Qatar Investment Authority is keen on tapping the fast-growing Indian market and has entered into a discussion to buy about 1 per cent stake in Reliance Retail Ventures, sources with knowledge of the matter said. Talks, sources said, are at a preliminary stage and being led by an executive director on the board of parent Reliance Industries Ltd.

Byju's sacks 1,000 more; count jumps to 3,500

Byju's sacks 1,000 more; count jumps to 3,500

Rediff.com20 Jun 2023

India's largest edtech firm Byju's will fire 1,000 employees in a fresh round of layoffs across departments. With the latest round, total job cuts at the company have mounted to around 3,500. According to sources, fresh job cuts are an attempt by the company to improve its finances and work towards a path to profitability.

Ajay Banga becomes first Indian-American to head World Bank

Ajay Banga becomes first Indian-American to head World Bank

Rediff.com3 May 2023

Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."

Abhilash Tomy Challenges The Oceans Again

Abhilash Tomy Challenges The Oceans Again

Rediff.com6 Mar 2023

'When I crossed that point where I had the accident, I felt light and that was a very physical experience. I felt something leave me.' Shyam G Menon chronicles the voyages of that incredible Indian sailor, Abhilash Tomy.

Titanic Director Reacts To Titan Tragedy

Titanic Director Reacts To Titan Tragedy

Rediff.com23 Jun 2023

Titanic Director James Cameron has reacted to the demise of five individuals, who were aboard the submersible Titan that was destroyed in a 'catastrophic implosion' during an exploration dive to the wreckage of the Titanic.

China refuses US request for talks, says Pentagon

China refuses US request for talks, says Pentagon

Rediff.com8 Feb 2023

The request was made soon after the balloon was shot down on Saturday off the coast of South Carolina in the Atlantic Ocean.

Priyanka-Nick's Lovey-Dovey Beach Break

Priyanka-Nick's Lovey-Dovey Beach Break

Rediff.com27 Jun 2022

Priyanka Chopra took a quick weekend break with husband Nick Jonas at the Turks and Caicos Islands.

Airlines cancel, reschedule London flights as Heathrow restrictions kick in

Airlines cancel, reschedule London flights as Heathrow restrictions kick in

Rediff.com15 Jul 2022

On Thursday, Virgin Atlantic, for instance, cancelled its morning flight between London and Delhi. And Air India rescheduled its London-Ahmedabad flight by several hours. With the Heathrow restrictions to remain in place till September 11, air traffic between India and London is likely to see slower growth over the next two months.

INS Tarkash To Celebrate Independence Day in Rio

INS Tarkash To Celebrate Independence Day in Rio

Rediff.com30 Jul 2022

The INS Tarkash is on her passage to Rio de Janeiro, Brazil, to hoist the National Flag on August 15 as part of Azaadi Ka Amrit Mahotsav celebrations.