State-owned Life Insurance Corporation (LIC) announced on Monday that it had signed up tech giant Infosys to develop a next-generation digital platform that will act as the foundation for new high-value business applications, such as customer and sales super apps, portals, and digital branches. The financial terms of the deal remain undisclosed. The tie-up with Infosys is part of LIC's "long-drawn" strategy, said a senior executive of India's biggest insurer, who noted that the IT giant "won the bid to develop the next-generation platform through a request for proposal (RFP) process".
French Open and Wimbledon champion Alcaraz, who won both of his previous meetings with Sinner this year, recovered from a slow start to wrap up victory in three hours, 21 minutes and improve his head-to-head record with the Italian to 6-4.
After several losses in the early years of the new century, a resurgent India notched up two consecutive series wins in Australia to become the Aussies' nemesis.
The Afghanistan Cricket Board said the final 15-member squad will be announced at the end of a week-long preparatory camp in Greater Noida.
The new National Cricket Academy which was inaugurated in Bengaluru on Sunday has been renamed as the BCCI Centre of Excellence.
Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.
Retirement fund body EPFO recorded a net addition of 19.94 lakh members in July this year, the labour ministry said on Monday. Union Labour Minister Mansukh Mandaviya said at a press conference that 10.52 lakh new or first-time workers subscribed to social security schemes run by Employees' Provident Fund Organisation (EPFO). The minister said almost 20 lakh net new members addition (19.94 lakh) was recorded in July this year.
India's manufacturing sector growth moderated in August as output and sales rose at slowest rates since January, while competitive pressures and inflation concerns hampered business confidence, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) stood at 57.5 in August, below July's reading of 58.1 but above its long-run average of 54.0, signalling a substantial improvement in operating conditions.
Indian companies are generating more cash than ever. The net cash flow from listed firms' operations hit a new high of Rs 11.1 trillion in financial year 2023-24 (FY24), crossing the Rs 10-trillion mark for the first time, according to the Centre for Monitoring Indian Economy (CMIE) data going back to 1990-91. The FY24 figure represents a 19.3 per cent jump over the previous year, even as quite a few companies are yet to release their numbers.
It seems that the West is sending a signal to India that it can return to old hostilities unless India toes their line on Russia. It is no surprise that India is being compared with Putin's Russia in terms of targeting 'dissidents' as the West calls these Khalistani terrorists, asserts Colonel Anil A Athale (retd).
An official said Akshay Shinde, who worked as a cleaner at the school, was being taken to Badlapur from Taloja jail for investigation.
Hundreds of people are facing a shortage of food, safe drinking water and sanitation in Kathmandu following the natural disaster, according to eyewitnesses.
A five-time Olympic shooter, Randhir Singh was the lone eligible candidate for the OCA president's post.
Ask rediffGURU Aashish Sood your CAT related questions.
The 22-year-old from Almora, who had come close to winning an Olympic medal in Paris before finishing fourth, will undergo a series of tests at the Red Bull Athlete Performance Centre in Salzburg to get a detailed evaluation to rev up his fitness and game.
The bulk of Indian carriers flying to Dubai are low-cost carriers, which include IndiGo, Air India Express, and SpiceJet.
Follow this 15 x 15 x 15 rule to become a crorepati without taking big risks. Ramalingam Kalirajan explains how
Suhas Yathiraj and Nitesh Kumar continued their impressive run to secure spots in the men's singles SL4 and SL3 semi-finals respectively, at the Paralympic Games.
On speculation that Phogat might enter the political arena, Singh refused to comment saying it was a personal matter of the 30-year-old wrestler. He said he would extend full support to Phogat if she returns to competitive wrestling.
India's economic growth slowed to a 15-month low of 6.7 per cent in April-June 2024-25, mainly due to poor performance of the agriculture and services sectors, government data showed on Friday. The gross domestic product (GDP) expanded by 8.2 per cent in the April-June quarter of 2022-23. India, however, remained the fastest-growing major economy, as China posted a 4.7 per cent growth in April-June 2024.
Borne of a joke, speed climbing route arrives on big stage
France are only the third country to win back-to-back golds in men's volleyball after the former Soviet Union and the United States.
Leading carmakers Maruti Suzuki and Hyundai on Thursday reported a dip in wholesales in July as companies reduced vehicle dispatches to dealers amid moderation in demand. Maruti Suzuki India said its total domestic passenger vehicle sales stood at 137,463 units in July against 152,126 units in the year-ago month, down 9.64 per cent.
Sumariwalla revealed that a lot of measures were taken to ensure that Vinesh could get past the weigh-in despite the lack of time.
The average cost of data breaches in India reached $2.18 million in 2023, marking a 28 per cent increase since 2020, according to the Reserve Bank of India's (RBI) Currency and Finance report for 2023-24. The report said that India's average data breach cost was still below the global average. The most common attacks in India are phishing which was at 22 per cent and stolen or compromised credentials was 16 per cent. The automotive industry is highly vulnerable to cyber attacks, whereas the banking and financial services sector, benefiting from stringent regulations, enjoys comparatively stronger protection.
In view of the rising number of mobile and internet banking users, the Reserve Bank of India (RBI) has proposed to tighten norms related to the liquidity coverage ratio (LCR) by increasing the run-off factor for retail deposits. "Banking has undergone rapid transformation in recent years. "While increased usage of technology has facilitated the ability to make instantaneous bank transfers and withdrawals, it has also led to a concomitant increase in risks, requiring proactive management," the RBI said in the draft guidelines released on Thursday.
rediffGURU Shreya Shah answers diet and nutrition related questions.
There are elements that make this show entertaining, and if you haven't seen the original show, the concept is wild enough to keep you hooked, notes Mayur Sanap.
The BCCI is yet to give its consent to the tentative schedule for the ICC Champions Trophy next year.
Simone Biles won the vault final on Saturday to clinch her third gold medal of the Paris Games, dominating the competition with her signature Biles II vault to beat Brazilian silver medallist Rebeca Andrade with American Jade Carey taking bronze.
Public-sector banks, including Canara Bank and Bank of India, are tapping the infrastructure bond market. Canara Bank on Tuesday raised Rs 10,000 crore at a coupon rate of 7.40 per cent through 10-year infrastructure bonds. This comes after SBI on July 10 raised Rs 10,000 crore also through infrastructure bonds with a 15-year tenor at a coupon rate of 7.36 per cent.
Fintech firm One97 Communications, which owns Paytm brand, on Friday said its loss has widened to Rs 840 crore in the quarter ended June 30, primarily due to continued impact of restrictions on Paytm Payments Bank Ltd. The company had posted a loss of Rs 358.4 crore in the same period a year ago, according to a regulatory filing by the company. The consolidated revenue of Paytm declined 33.48 per cent to Rs 1,639.1 crore during the reported quarter, from Rs 2,464.2 crore in the same period a year ago.
Several BJP-backed state governments have unveiled schemes targeting the poor, women, farmers and students, following the party's setback in the Lok Sabha polls.
The American is hoping that belief will help her rekindle the Wimbledon magic that launched her into the public eye five years ago.
L&T surprised on the upside of consensus due to stronger-than-expected growth overseas. The Q1FY25 results were ahead of estimates on both revenue and net profit fronts. The company reported a 15 per cent year-on-year (Y-o-Y) growth in revenues along with 15 per cent Y-o-Y growth in operating profit and 12 per cent Y-o-Y growth in net profit on consolidated basis.
'Those satisfied with returns and not expecting further rally could be booking profits and also stopping SIPs.'
'We think he is a deserving captain and we will see how he fits into the role.'
Men's skeet, where competitors use shotguns to break clay targets flung into the air, has become much more competitive over the last decade, and it was "getting harder and harder to win", Hancock observed.
From setting up cutting-edge facilities to cater to the domestic market and building capabilities of global standards, the action is building up.
'Though one cannot paint the entire microcap basket with the same brush, investors need to be careful now as to what they're buying.'
