News for '-north-america'

UK delivering on new FTA with India, says Rishi Sunak

UK delivering on new FTA with India, says Rishi Sunak

Rediff.com29 Nov 2022

British Prime Minister Rishi Sunak has reiterated the UK's commitment to a free trade agreement (FTA) with India as part of the country's wider focus on enhancing ties with the strategic Indo-Pacific region and standing up to competitors with "robust pragmatism". Delivering his first major foreign policy speech since taking charge at 10 Downing Street last month at the Lord Mayor of London's Banquet on Monday evening, the British Indian leader reflected upon his heritage and committed to promoting British values of "freedom and openness" around the world. He also pledged to "do things differently" far removed from the so-called "golden era" with China, which he said poses a "systemic challenge" to British values and interests.

In fourth such op, US shoots down another airborne object

In fourth such op, US shoots down another airborne object

Rediff.com13 Feb 2023

The United States on Sunday shot down another unidentified airborne object in its airspace, a day after it brought down a similar 'cylindrical' object over Canada.

Dominique Lapierre, author of City of Joy, passes away at 91

Dominique Lapierre, author of City of Joy, passes away at 91

Rediff.com5 Dec 2022

Dominique Lapierre, the French author with a passion for India and whose novels sold tens of millions of copies, has died, his wife announced on Sunday.

How much green would a 48 team FIFA WC format rake in?

How much green would a 48 team FIFA WC format rake in?

Rediff.com14 Dec 2022

FIFA conceded earlier this year they were concerned about the possibility of contrived results where two teams could engineer a positive result for both, which would eliminate the third group team not playing.

Two Indians among 21 new cardinals named by Pope Francis

Two Indians among 21 new cardinals named by Pope Francis

Rediff.com30 May 2022

Eight of the newly named cardinals are from Europe, six from Asia, two from Africa, one from North America, and four from Central and Latin America.

India Inc earns 72% of revenue from the domestic market: Morgan Stanley

India Inc earns 72% of revenue from the domestic market: Morgan Stanley

Rediff.com16 Jun 2021

72 per cent of the revenue of Indian firms (India Inc) is derived from the domestic / home market - the sixth highest in percentage terms in the emerging market (EM) and the Asian region, said a recent report by Morgan Stanley. The balance, according to the report titled 'Global Exposure Guide 2021' co-authored by analysts led by Jonathan F Garner, their chief Asia and emerging market strategist, is split between the developed markets (DMs) and other EMs. The report is based on an analysis of 3,300 companies globally that have revenue exposure in 17 different regions.

China violated sovereignty of several nations including India: US

China violated sovereignty of several nations including India: US

Rediff.com9 Feb 2023

China has 'violated the sovereignty' of not just the United States but of countries across five continents, Secretary of State Antony Blinken alleged Wednesday, days after US fighter jets shot down a Chinese surveillance balloon.

IT sector may be ripe for cherry picking

IT sector may be ripe for cherry picking

Rediff.com13 Dec 2022

The information technology (IT) services industry could see value investors taking selective punts in the near future. While growth remains visible, managements across the board have been cautious or measured in their guidance and have also complained about a combination of margin pressures and high churn. The two factors are related in that employee compensation is a large component of IT costs and high churn has forced firms to hike compensation packages and also invest more in hiring, training, and retention.

Justin Bieber Has Facial Paralysis

Justin Bieber Has Facial Paralysis

Rediff.com11 Jun 2022

The 28-year-old pop singer in a video on his Instagram account said he has been diagnosed with the Ramsay Hunt Syndrome, which has caused his condition.

Mahindra lays off two-thirds of staff at its North American subsidiary

Mahindra lays off two-thirds of staff at its North American subsidiary

Rediff.com14 Jan 2021

Firm attributes move to pandemic and legal spat with Fiat Chrysler, says it is in line with group's strategy to re-think capital allocation and drive efficiency.

The IIT Students Who Built An Award-Winning House

The IIT Students Who Built An Award-Winning House

Rediff.com26 May 2023

Project Vivaan won big at the Solar Decathlon, placing second overall (and missing the first position by a whisker). Members of the award-winning Team Shunya tell Mrigank Warrier how they built a carbon-neutral, water-neutral, energy-positive home for a family of four.

'I don't want to think of challenges, but tasks before us'

'I don't want to think of challenges, but tasks before us'

Rediff.com2 May 2023

'Every time a new tech comes in, there are a set of people who will predict that this will be the end of Indian IT and every time the Indian IT industry and overall technology providers have proven to be resilient.'

Grim global situation casts shadow on Budget 2023

Grim global situation casts shadow on Budget 2023

Rediff.com21 Dec 2022

Ahead of the Union Budget for 2023-24, Budget makers have welcomed the global consensus view that India will remain one of the bright spots in calendar year 2023. But there is some alarm over the grim global situation and how that might impact the Centre's projections and assessments for next financial year. The big global headwinds include a deep and sustained recession in the West, including India's biggest trading partners in North America and Europe, continuing volatility in commodity markets, and renewed Covid-19 fears, as lifting of strict curbs by China could potentially lead to a massive spread again.

After 10 years: Infosys may overtake Cognizant on revenue front

After 10 years: Infosys may overtake Cognizant on revenue front

Rediff.com11 Nov 2022

Slowing growth and execution challenges for Cognizant (CTSH) may well allow Infosys to overtake the former after a decade. Cognizant had marched ahead of Infosys in terms of revenue in the first quarter of financial year 2012-13. The Nasdaq-listed IT services firm's performance in Q3 and the guidance for Q4 and full-year 2022 suggest that it could take time for Cognizant to see the expected improvement in performance from its decision to restructure.

Belgian teen youngest to fly solo around the world

Belgian teen youngest to fly solo around the world

Rediff.com25 Aug 2022

17-year-old Mack Rutherford landed at an airfield near the Bulgarian capital Sofia after flying 54,124 km (33,631 miles) and visiting more than 30 countries since he departed from the same site in his Shark Aero microlight airplane on March 23.

Is Governor Ravi Serving Hindutva Electoral Cause Well?

Is Governor Ravi Serving Hindutva Electoral Cause Well?

Rediff.com4 Jul 2023

While Governor Ravi's speeches have put the local BJP supporters on the defensive in matters of religion and social justice, his add-on 'attack on the constitutional scheme' in the 'Senthil Balaji case', has been condemned squarely by many legal experts and editorial writers across the country, thus adding weight to CM Stalin's position -- at least until the courts come up with their binding views, observes N Sathiya Moorthy.

Rishi Sunak makes it clear: 'Golden era' with China is over

Rishi Sunak makes it clear: 'Golden era' with China is over

Rediff.com29 Nov 2022

Prime Minister Rishi Sunak has made a clear break with the past on UK-China relations as he declared that the "so-called golden era" of bilateral ties is over in the face of the "systemic challenge" posed by the Chinese regime to British values and interests.

5G scare: Air India cancels 14 US flights

5G scare: Air India cancels 14 US flights

Rediff.com19 Jan 2022

Air India cancelled 14 flights on India-US routes from Wednesday onwards due to deployment of 5G internet in North America which could interfere with aircraft's navigation systems. Meanwhile, DGCA chief Arun Kumar told PTI that the Indian aviation regulator was working "in close coordination with our carriers to overcome the situation" that has arisen due to 5G internet's deployment in the US. US aviation regulator Federal Aviation Administration (FAA) had on January 14 said that "5G interference with the aircraft's radio altimeter could prevent engine and braking systems from transitioning to landing mode, which could prevent an aircraft from stopping on the runway".

'Question mark if we will grow at 6%'

'Question mark if we will grow at 6%'

Rediff.com9 Mar 2023

'The rebound has run out of steam.'

ICC events: Pakistan to host 2025 Champions Trophy, India to host 2026 World T20

ICC events: Pakistan to host 2025 Champions Trophy, India to host 2026 World T20

Rediff.com16 Nov 2021

Major cricket event will return to Pakistan after more than two decades with the country set to host the 2025 Champions Trophy, an ICC flagship tournament.

Privatised Air India loses priority in international traffic rights

Privatised Air India loses priority in international traffic rights

Rediff.com25 Apr 2022

Air India will no longer enjoy a priority in allocation of international traffic rights. This follows its takeover by Tata Sons in January. The Directorate General of Civil Aviation has dropped a clause which gave Air India an advantage over other private airlines in the amended rules issued on April 19.

RPG fired at police station in Punjab, DGP alleges Pak hand

RPG fired at police station in Punjab, DGP alleges Pak hand

Rediff.com10 Dec 2022

The projectile, fired by some unidentified people, hit the Saanjh Kendra adjoining the Sarhali police station on the Amritsar-Bathinda highway on Friday night.

At 17.3%, India Inc badly lags women board members

At 17.3%, India Inc badly lags women board members

Rediff.com28 Sep 2021

Corporate India lags the rest of its Western and Asian peers by a wide margin when it comes to the presence of women on their boards, with just 17.3 per cent of the large companies having them on their key decision making bodies, an international report said on Tuesday. However, this is a near 6 percentage points improvement between 2015 -- when it was only 11.4 per cent -- and 2021, Swiss brokerage Credit Suisse said in the report, which covered over 33,000 executives from more than 3,000 companies across 46 countries, including over 1,440 firms across 12 Asia-Pacific markets. Female representation on boards of large Indian companies has increased by 5.9 percentage points from 11.4 per cent in 2015 to 17.3 per cent in 2021.

TCS Q2 net profit up 14.1% at Rs 9,624 crore

TCS Q2 net profit up 14.1% at Rs 9,624 crore

Rediff.com8 Oct 2021

Tata Consultancy Services (TCS) on Friday reported a 14.1 per cent rise in consolidated net profit to Rs 9,624 crore in the September 2021 quarter, aided by broad-based growth across geographies and verticals. The Mumbai-based company had logged a net profit of Rs 8,433 crore (excluding adjustment towards a legal claim) in the year-ago period. Its revenue grew 16.7 per cent to Rs 46,867 crore for the September 2021 quarter from Rs 40,135 crore in the year-ago period.

Cricket: Warner motivated to win series in India

Cricket: Warner motivated to win series in India

Rediff.com12 Jan 2023

Nepal court releases rape accused cricketer Lamichhane on bail

India's Billionaire Club Shrinks....

India's Billionaire Club Shrinks....

Rediff.com5 Jan 2023

Among the many exits from the billionaire's club in 2022 are D Uday Kumar Reddy of Tanla Solutions (net worth down 66 per cent), Sushil Kanubhai Shah of Metropolis Healthcare (down 65.7 per cent), Vijay Shekhar Sharma of One97 Communications (down 66 per cent), and C K Birla (down 43.4 per cent).

Resolution seeking probe into Stan Swamy's death introduced in US Congress

Resolution seeking probe into Stan Swamy's death introduced in US Congress

Rediff.com6 Jul 2022

A resolution commemorating the life of Indian human rights defender Father Stan Swamy and seeking an independent investigation into the death of the Jesuit priest has been introduced in the US Congress, Congressman Juan Vargas has said.

'India's gold demand may cross China's'

'India's gold demand may cross China's'

Rediff.com12 Oct 2022

'When the gold price rises rapidly, India's physical gold market remains on standby.'

Full Text: PM Modi's address to US Congress

Full Text: PM Modi's address to US Congress

Rediff.com23 Jun 2023

Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.

WHO declares monkeypox global health emergency

WHO declares monkeypox global health emergency

Rediff.com23 Jul 2022

More than 16,000 cases have now been reported from 75 countries and there had been five deaths so far as a result of the outbreak.

Battista, the STUNNING e-hypercar from Pininfarina

Battista, the STUNNING e-hypercar from Pininfarina

Rediff.com9 Aug 2021

The Battista hyper GT delivers a unique dynamic experience that can be tailored to suit every journey and the pure-electric model will accelerate from 0-100 km/h in less than two seconds - faster than a current Formula 1 car.

Bollywood Brings House Down in Jeddah!

Bollywood Brings House Down in Jeddah!

Rediff.com5 Dec 2022

It was heartening to see so many women -- young and old, many in hijab and burqa shaking their bodies, raising their arms and singing with complete abandonment.

TCS aims to achieve $50 bn revenue by 2030

TCS aims to achieve $50 bn revenue by 2030

Rediff.com8 Mar 2022

IT major TCS is planning to revamp the organisation structure to align with customers more closely, as it aims to achieve $50 billion (about Rs 3.89 lakh crore) revenue by 2030, a source aware of the development said on Tuesday. The company had garnered $25 billion in revenue in 2021. "TCS has now charted its roadmap and long-term strategy to reach the next $25 billion revenue. "It aims to get to $50 billion by the close of the decade," the source told PTI.

TCS to recruit 10,000 staff in US by 2022

TCS to recruit 10,000 staff in US by 2022

Rediff.com15 Oct 2020

India's largest software services company Tata Consultancy Services (TCS) on Wednesday it has seen a surge in demand for its services and expects to recruit 10,000 individuals in the US by 2022. The Mumbai-based company has hired over 21,500 employees in the past five years in the US.

Devika Bulchandani has shattered the glass ceiling for good

Devika Bulchandani has shattered the glass ceiling for good

Rediff.com21 Sep 2022

'Devika is a people's person, who simply loves what she does. This reflects in her work; the insights she brings to the table and the way she interacts with people and clients. She has the demeanour of a good captain. Her success is well-deserved.'

Reliance sells last of its US shale gas assets

Reliance sells last of its US shale gas assets

Rediff.com8 Nov 2021

Reliance Industries Ltd has exited the last of its shale gas assets in the US after it agreed to sell its holding in Eagleford shale gas assets for an undisclosed sum of money.

How to get India's 400m 2G users to upgrade to 4G or 5G

How to get India's 400m 2G users to upgrade to 4G or 5G

Rediff.com22 Oct 2022

With India rolling out 5G services, can telcos get the sizeable 350-400 million 2G customers to upgrade to 4G, or even better -- but very improbably -- straight to 5G?

Will Anti-Prophet Remarks Hit India's Gulf Trade?

Will Anti-Prophet Remarks Hit India's Gulf Trade?

Rediff.com8 Jun 2022

Some of these nations are India's biggest export market. India is also dependent on these countries to meet its energy needs.

TCS Q1 profit up 28.5% to Rs 9,008 crore

TCS Q1 profit up 28.5% to Rs 9,008 crore

Rediff.com8 Jul 2021

IT major TCS on Thursday posted a 28.5 per cent increase in consolidated net profit at Rs 9,008 crore for the first quarter ended June 30, 2021. The country's biggest software services firm had posted a consolidated profit of Rs 7,008 crore in the same quarter a year ago. Consolidated revenue from operations increased by 18.5 per cent to Rs 45,411 crore compared to Rs 38,322 crore in the corresponding quarter of 2020-21.

The MANY, MANY FACES of Lata Mangeshkar

The MANY, MANY FACES of Lata Mangeshkar

Rediff.com9 Feb 2022

Glimpses of The Legend from our archives.