News for '-transmission'

India's Big Guns Firing On Capex Front

India's Big Guns Firing On Capex Front

Rediff.com13 Feb 2024

'Interim Budget has ignited the entrepreneurial spirit.'

Covid strain driving China surge also found in India

Covid strain driving China surge also found in India

Rediff.com21 Dec 2022

The first case of BF.7 in India was detected in October by Gujarat Biotechnology Research Centre.

5G could interfere with aircraft's radio signals, says govt

5G could interfere with aircraft's radio signals, says govt

Rediff.com14 Dec 2023

In a written reply, Singh said the 5G C-band spectrum has the likelihood of interfering with the current radio altimeters installed on the aircraft.

Ram Teri Ganga Maili

Ram Teri Ganga Maili

Rediff.com12 Jun 2024

Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.

Electoral bonds: Who is lottery king Santiago Martin?

Electoral bonds: Who is lottery king Santiago Martin?

Rediff.com15 Mar 2024

Future Gaming and Hotel Services whose director is the lottery magnate Santiago Martin is the top purchaser of electoral bonds having purchased bonds worth Rs 1,368, according to data uploaded by the Election Commission of India on its website on Thursday.

Adani hikes stake in two group companies

Adani hikes stake in two group companies

Rediff.com10 Sep 2023

Billionaire Gautam Adani-led promoter group has increased stake in two of the group's listed companies, as the ports-to-energy conglomerate continues to work on a claw back strategy after being hit by damaging reports. The promoter group has increased stake in flagship Adani Enterprises to 71.93 per cent from 69.87 per cent, according to stock exchange filings. This is the second time in less than a month that the promoters have raised stake in the flagship firm that incubates new businesses.

Adani Group promoters to prepay $1.11 bn to release pledged shares

Adani Group promoters to prepay $1.11 bn to release pledged shares

Rediff.com6 Feb 2023

Adani Group on Monday said that the promoters will pre-pay $1,114 million for the release of pledged shares of its firms ahead of the maturity in September 2024. These shares belong to Adani Ports & Special Economic Zones, Adani Green Energy and Adani Transmission, a statement said. "This is in continuation of promoters' assurance to pre-pay all share-backed financing," it said.

Top 100 Indian firms create Rs 92.2 lakh cr wealth during FY17-22

Top 100 Indian firms create Rs 92.2 lakh cr wealth during FY17-22

Rediff.com8 Dec 2022

Two Adani group companies -- Adani Enterprises and Adani Transmission -- have uprooted the traditional leader Reliance Industries in annual wealth creation in 2022 so far, while the top 100 of them created a massive Rs 92.2 lakh crore of wealth, according to a report. However, Reliance Industries has smashed all records to emerge as the largest wealth creator during the five-year period ending March 2022, says the leading brokerage Motilal Oswal in its 27th annual wealth creation study. The Gautam Adani group companies have been rallying to dizzying heights in the year as the group snapped up many assets and diversified into newer areas.

Reliance Infra had filed arbitration claim of Rs 500 crore: Adani

Reliance Infra had filed arbitration claim of Rs 500 crore: Adani

Rediff.com13 Sep 2022

The Adani group said Reliance Infrastructure, part of the Reliance Anil Dhirubhai Ambani Group, had initiated arbitration on one specific dispute under the Share Purchase Agreement (SPA) in December 2021 with a claim for just Rs 500 crore. Adani said it has filed counterclaims against the Ambani company. The Adani group firm, Adani Electricity was reacting to a Reliance Infrastructure statement of last week, which said it has filed an arbitration claim of Rs 13,400 crore against Adani Group in the Mumbai Centre for International Arbitration (MCIA). Reliance had cited a breach of a December 2017 share purchase agreement relating to the transfer of its Mumbai power distribution business to Adani Transmission.

22 cases of JN.1 found so far, Kerala woman recovers

22 cases of JN.1 found so far, Kerala woman recovers

Rediff.com22 Dec 2023

Twenty-two cases of COVID-19 sub-variant JN.1 have been detected in the country till Thursday, with 21 cases being reported from Goa and another from Kerala, official sources said.

No plan for mandatory Covid testing at airports now, say govt sources

No plan for mandatory Covid testing at airports now, say govt sources

Rediff.com21 Dec 2023

Even though the number of cases is rising and the JN.1 sub-variant has been detected in the country, there is no cause of immediate concern as 92 per cent of those infected are opting for home-based treatment, indicating mild illness, they said.

More Adani group shares pledged

More Adani group shares pledged

Rediff.com9 Mar 2023

More shares belonging to companies of the embattled Adani Group have been pledged as security for loans taken by the group's flagship firm, a trustee said. SBICap Trustee in notices to stock exchanges said that a further 0.99 per cent shares in Adani Green Energy Ltd were pledged "for the benefits of the lenders" of Adani Enterprises Ltd. An additional 0.76 per cent shares in Adani Transmission Ltd were also pledged to banks, the trustee said. SBICap, which is a unit of State Bank of India (SBI), however did not give details of the loans taken by Adani Enterprises for which the pledge was created.

Tata Power stock likely to remain subdued in near-term; here's why

Tata Power stock likely to remain subdued in near-term; here's why

Rediff.com20 Feb 2024

Tata Power saw a big sell-off, with the stock falling almost 8 per cent after declaring disappointing results for the October-December quarter (Q3) of 2023-24 (FY24) on Friday evening. The company reported net consolidated revenue of Rs 14,650 crore, up 4.4 per cent year-on-year (Y-o-Y), and earnings before interest, tax, depreciation, and amortisation (Ebitda) of Rs 2,607 crore, up 2 per cent Y-o-Y, in the quarter, led by higher sales across Odisha distribution companies (discoms) and capacity addition in renewables. This was well below consensus estimates.

All Adani Group firms gain; Adani Enterprises shares jump 15%

All Adani Group firms gain; Adani Enterprises shares jump 15%

Rediff.com1 Mar 2023

Stocks of all the ten listed Adani Group firms ended with gains on Wednesday, continuing the positive momentum amid a recovery in the broader equity market. Adani Enterprises stock jumped 14.70 per cent to settle at Rs 1,564.55 on the BSE. In intra-day trade, it rallied 15.83 per cent to Rs 1,580.

Most Adani Group stocks slide in morning trade; Adani Enterprises falls 10%

Most Adani Group stocks slide in morning trade; Adani Enterprises falls 10%

Rediff.com10 Feb 2023

Most of the Adani Group companies fell in the morning trade on Friday and flagship Adani Enterprises tumbled 10 per cent after index provider MSCI decided to reduce the weightage of four firms in its indices following a review. Amid volatile trading in the market, seven Adani Group firms were in the negative territory while three others were in the green. Adani Enterprises plunged 10 per cent to Rs 1,734.60 per share, its lower price band on the BSE, and the company's market valuation dropped to Rs 2.14 lakh crore.

Delhi detects 7 M pneumonia cases amid outbreak in China

Delhi detects 7 M pneumonia cases amid outbreak in China

Rediff.com7 Dec 2023

Mycoplasma pneumoniae has been linked to the recent surge in respiratory ailments among children in China.

Nearly 34% loans charged 10% or more interest

Nearly 34% loans charged 10% or more interest

Rediff.com20 Sep 2023

As the policy rate has seen a steady increase since May 2022, the percentage of loans offered at interest rates below 8 per cent have declined sharply, dropping from 53 per cent in March 2022 to 18 per cent by June 2023, according to a report by the Reserve Bank of India (RBI). The share of bank loans with interest rates of 10 per cent or higher rose from 22 per cent to 34 per cent during this period, reflecting the impact of a 250 basis point (bps) hike in the policy repo rate by the RBI's Monetary Policy Committee. In response to the rise in repo rate, 32 domestic banks have made corresponding upward revisions to their repo-linked external benchmark-based lending rates (EBLRs), aligning them with the magnitude of the rate hike.

Can India's Zorawar Match China's ZTQ-15?

Can India's Zorawar Match China's ZTQ-15?

Rediff.com17 Jan 2024

DRDO's latest tank will face trial in Rajasthan's summer which will be followed by 'user trials' ahead of facing battle in high-altitude deserts of eastern Ladakh and Sikkim, reports Ajai Shukla.

Centre alerts states, UTs as country sees surge in Covid cases

Centre alerts states, UTs as country sees surge in Covid cases

Rediff.com18 Dec 2023

In a letter to states and Union Territories, Union health secretary Sudhansh Pant underlined that "due to consistent and collaborative actions between the Centre and state governments, we have been able to sustain the (COVID-19) trajectory at sustainable low rates".

Amid border issue, China shouldn't expect...: Jaishankar

Amid border issue, China shouldn't expect...: Jaishankar

Rediff.com14 Jan 2024

You don't want to fight and do trade at the same time. Meanwhile, diplomacy is going on and sometimes solutions to difficult situations do not come in haste, Jaishankar asserted.

India doesn't need to ban int'l flights or impose lockdown: Experts

India doesn't need to ban int'l flights or impose lockdown: Experts

Rediff.com24 Dec 2022

The current Covid situation in India is under control and there are no reasons to panic, said Dr N K Arora, the chairperson of National Technical Advisory Group on Immunization (NTAGI).

Does India have enough vaccine reserves to combat another Covid wave?

Does India have enough vaccine reserves to combat another Covid wave?

Rediff.com27 Dec 2023

According to CoWIN data, only 73 vaccination centres are currently active in India, of which 32 are government-run.

India Tops On Crypto Adoption

India Tops On Crypto Adoption

Rediff.com23 Dec 2023

'India's emergence as a top crypto market comes despite a regulatory and tax environment that can be challenging for the industry to navigate.'

SC rejects Custom's plea against Adani firms

SC rejects Custom's plea against Adani firms

Rediff.com28 Mar 2023

The Supreme Court has dismissed an appeal filed the customs department against Adani Power Maharashtra Limited (APML), Adani Power Rajasthan Limited (APRL) and others in a case pertaining to alleged over-valuation of imported goods. "We have heard Balbir Singh, Additional Solicitor General appearing for the appellant(s), and Mukul Rohatgi, senior counsel appearing for the respondents, at length. "We are of the considered opinion that the matters are concluded by the findings of fact recorded by the authorities below and the impugned order(s) does not require any interference at our behest.

India registered 9.3 lakh cancer deaths, 2nd highest in Asia

India registered 9.3 lakh cancer deaths, 2nd highest in Asia

Rediff.com3 Jan 2024

Researchers found that India, along with China and Japan, were the three leading countries in Asia in terms of number of new cases and deaths, where they say cancer has become a more significant public health threat with 94 lakh new cases and 56 lakh deaths in 2019.

Lift mobile internet ban in peaceful areas: Manipur HC to govt

Lift mobile internet ban in peaceful areas: Manipur HC to govt

Rediff.com7 Nov 2023

The Manipur high court has directed the state government to operationalise mobile towers, on a trial basis, in all those district headquarters which have not been affected by ethnic strife.

Can the Tata Altroz get any better? The answer is, yes!

Can the Tata Altroz get any better? The answer is, yes!

Rediff.com31 Mar 2022

The safest car in its segment is now available in a 7-speed automatic transmission avatar, named as the Altroz DCA (Dual Clutch Automatic), says Rajesh Karkera/Rediff.com.

India can play pivotal role in ending Gaza violence: Iran envoy

India can play pivotal role in ending Gaza violence: Iran envoy

Rediff.com2 Nov 2023

He said that as India aspires to become the voice of the Global South, it cannot be discussed without discussing the problems of people in Palestine.

SC verdict on Adani 'extraordinarily generous': Cong

SC verdict on Adani 'extraordinarily generous': Cong

Rediff.com3 Jan 2024

The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be 'extraordinarily generous' to Securities and Exchange Board of India (SEBI) and asserted that the party's fight against crony capitalism and its ill-effects on prices, employment and inequalities will continue.

Cervical Cancer: Don't Ignore These Symptoms!

Cervical Cancer: Don't Ignore These Symptoms!

Rediff.com7 Feb 2024

Early-stage cervical cancer may not exhibit noticeable symptoms, warns Dr Abha Bhalerao, consultant gynaecologist at Ruby Hall Clinic. But remember, cervical cancer is curable, preventable and treatable.

5 Electric SUVs Coming To India

5 Electric SUVs Coming To India

Rediff.com20 Feb 2024

If you are planning to buy an electric car in the near future, it would be highly advisable to wait for these upcoming electric SUVs.

On a hat-trick: Will Das throw up another surprise?

On a hat-trick: Will Das throw up another surprise?

Rediff.com7 Dec 2023

Reserve Bank of India (RBI) Governor Shaktikanta Das had stumped the market in the previous two policies - in August and in October - first with action and then with words. In August, it was the introduction of an incremental cash reserve ratio (I-CRR) to take out excess liquidity, which took the markets by surprise. In October, there was no action. Rather, what is known as "open mouth operation", Das' comment that the central bank might conduct open market operations (OMOs) by selling bonds tempered the euphoria in the bond markets after JP Morgan's inclusion of India in its Emerging Market Bond Index.

Covid: Parl panel stresses swift strategy evolution for next-gen vaccines

Covid: Parl panel stresses swift strategy evolution for next-gen vaccines

Rediff.com20 Dec 2023

The ICMR-National Institute of Virology has been regularly undertaking studies to understand the protective efficacy of COVID-19 vaccines against emerging variants.

My father did drop bombs, but...: Pilot slams BJP leader

My father did drop bombs, but...: Pilot slams BJP leader

Rediff.com16 Aug 2023

The Congress last week hit out at Prime Minister Narendra Modi for his criticism of then PM Indira Gandhi's decision to use the Indian Air Force in Mizoram in 1966, saying he "twisted decisions" taken by his predecessors out of their political and historical context to score "petty debating points".

Lack of valuation comfort may enhance gains in capital goods sector

Lack of valuation comfort may enhance gains in capital goods sector

Rediff.com12 Dec 2023

Existing optimism about the capital goods sector has been enhanced by the Assembly election results, which were favourable for the BJP. The prospects of political continuity led to renewed interest in the sector. There are demand-supply gaps, especially in power, and visibility of improved pricing and strong order flows, including from private enterprises.

First Look: The 2024 Kia Sonet Facelift

First Look: The 2024 Kia Sonet Facelift

Rediff.com23 Dec 2023

The 2024 Kia Sonet facelift impresses with its comprehensive upgrades, ranging from a refreshed exterior design to advanced safety and technological features.

Siemens' strong July-September quarter results fail to cheer markets

Siemens' strong July-September quarter results fail to cheer markets

Rediff.com7 Dec 2023

Siemens reported solid results in the July-September quarter (fourth quarter, or Q4) of 2022-23 (FY23), with the top line growing 25 per cent year-on-year (Y-o-Y) to Rs 5,808 crore. The operating profit margin stood at 12.1 per cent, led by lower employee costs and other operating expenses. The company follows the October-September financial year.

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.

Why DGCA Wants Airline Altimeter Upgrades

Why DGCA Wants Airline Altimeter Upgrades

Rediff.com6 Jan 2024

'We have informed the government multiple times that the situation in the US and India are different.' 'Here, there will be a 500 MHz gap in the frequencies which will safely allow aviation without interference.'

4000 dengue cases reported in Bengaluru, 7000 in Karnataka

4000 dengue cases reported in Bengaluru, 7000 in Karnataka

Rediff.com11 Sep 2023

Amid a surge in dengue cases in Karnataka, Chief Minister Siddaramaiah on Monday said he has instructed officials to take all necessary precautionary measures to prevent spread of the vector borne disease and urged the people to give utmost priority to cleanliness in their neighbourhoods.