News for 'AND THE MOVERS'

MoD signs Rs 2,580 cr deal for Pinaka rocket launchers

MoD signs Rs 2,580 cr deal for Pinaka rocket launchers

Rediff.com1 Sep 2020

The six Pinaka Regiments comprise of 114 Launchers with automated gun aiming and positioning system and 45 command posts to be procured from M/s TPCL and M/s L&T, and 330 vehicles to be procured from M/s BEML.

'Brilliant businesses were not built on money, but on great ideas'

'Brilliant businesses were not built on money, but on great ideas'

Rediff.com6 Feb 2023

'People will say a lot of things -- ignore the noise.'

Carens is another arrow in Kia's packed quiver

Carens is another arrow in Kia's packed quiver

Rediff.com29 Jul 2022

The Carens is a warning for cars such as the Tata Safari, Hyundai Alcazar, Maruti Ertiga, Toyota Innova Crista and Mahindra XUV 700, because Kia punches much harder than others in its weight category.

Pakistan captain Azam breaks Kohli's T20 ranking record

Pakistan captain Azam breaks Kohli's T20 ranking record

Rediff.com29 Jun 2022

Pakistan captain Babar Azam has surpassed India's Virat Kohli in becoming the world No.1 T20I batter for the longest period of time after he maintained his top spot in the latest ICC T20 batting rankings.

139-yr-old house rolls through San Francisco to new address

139-yr-old house rolls through San Francisco to new address

Rediff.com23 Feb 2021

The move turned into something like a parade, with fascinated onlookers coming out to watch a truck slowly and carefully pull the historic house through the streets of the city.

Digital India goals will be realised: Mukesh Ambani

Digital India goals will be realised: Mukesh Ambani

Rediff.com15 Sep 2021

Reliance Industries Ltd (RIL) chairman Mukesh D Ambani on Wednesday said the latest reforms and relief measures will enable the telecom sector to achieve goals set under the Digital India mission. The Cabinet has announced several reforms for the telecom sector, including redefining adjusted gross revenue (AGR) that will now include revenues earned only from telecom services. The government calculates various levies on AGR. "The telecom sector is one of the prime movers of the economy and the key enabler for making India a Digital Society, I welcome the Government of India's announcement of reforms and relief measures that will enable the industry to achieve the goals of Digital India. I thank Prime Minister (Narendra Modi) for this bold initiative," Ambani said.

IPO hard sell: LIC boasts of Rs 37-trillion AUM before overseas investors

IPO hard sell: LIC boasts of Rs 37-trillion AUM before overseas investors

Rediff.com30 Dec 2021

At a closed-door meeting with global investors, the largest asset manager in the country boasted of its nearly Rs 37 trillion assets under management (AUM) - 16.6 times that managed by the second-largest insurer SBI Life. The numbers are as of March 31, 2021. The assets of LIC are 1.2 times the net assets of the entire Indian mutual fund industry, which had AUM of Rs 31.43 trillion as of March 31, 2021 (about Rs 37.3 trillion until November this year). The standalone assets that LIC manages are equal to 18.7 per cent of India's GDP and worth more than gross domestic product (GDP) of the UAE, Bangladesh, Malaysia, Singapore, Hong Kong, South Africa, New Zealand, and Pakistan.

Panchayat 2 Review

Panchayat 2 Review

Rediff.com20 May 2022

If at all the series can be criticised, it would be for its all-Brahmin characters and keeping out the caste problems, the misogyny and the backwardness and ugliness of rural India, points out Deepa Gahlot.

MobiKwik to delay IPO; turns to private market

MobiKwik to delay IPO; turns to private market

Rediff.com9 Mar 2022

With the stock market turning choppy, fintech start-up MobiKwik, which had filed a draft red herring prospectus (DRHP) to raise around $250 million through an initial public offering (IPO), is now looking to raise money from the private market. "We will raise private money but we are not in dire need. "The business was profitable for the first time in the December quarter on a top line of around Rs 150 crore and that will be maintained in the March quarter also. We are generating cash," said Upasana Taku, co-founder of MobiKwik.

Kodiaq, Skoda's brand-new luxury SUV, stands tall among 7-seaters

Kodiaq, Skoda's brand-new luxury SUV, stands tall among 7-seaters

Rediff.com28 Feb 2022

Suspension that has fully acclimatised to Indian roads and handles potholes and bumps with ease, plush interiors that feel premium beyond just surface level, and aggressive and imposing design cues give this SUV a presence and profile that has little competition, says Pavan Lall.

Sensex, Nifty race to over 1-week high amid global stock rally

Sensex, Nifty race to over 1-week high amid global stock rally

Rediff.com28 Dec 2021

The 30-share BSE Sensex surged by 477.24 points or 0.83 per cent to close at more than one-week high of 57,897.48. As many as 28 of its constituents closed with gains while two declined. The broad-based Nifty of the National Stock Exchange rose by 147.20 points or 0.86 per cent to settle 17,233.45, tracking gains in Sun Pharma, Asian Paints, and Reliance Industries.

Kanpur encounter: Gangster Vikas Dubey's house razed

Kanpur encounter: Gangster Vikas Dubey's house razed

Rediff.com4 Jul 2020

"It was a hub of crime," Inspector General of Police Kanpur Mohit Agarwal said when asked about the razing of the house.

Bumper debut for Zomato; m-cap races past Rs 1 lakh cr

Bumper debut for Zomato; m-cap races past Rs 1 lakh cr

Rediff.com23 Jul 2021

Shares of Zomato on Friday zoomed nearly 53 per cent in its debut trade against its issue price of Rs 76. The stock made its debut at Rs 115, reflecting a huge gain of 51.31 per cent against the issue price on the BSE. It then hit a high of Rs 138, a jump of 81.57 per cent.

Why Shibani Is Crazy About Sneakers

Why Shibani Is Crazy About Sneakers

Rediff.com23 Mar 2022

How Shibani Bhagat plans to rewrite the rules of the Indian sneaker business.

What made Ford pull the plug on its EV PLI?

What made Ford pull the plug on its EV PLI?

Rediff.com2 Jun 2022

Earlier in May, Ford India announced that it had dropped its plans to make electric vehicles (EVs) in India, which it intended to export, under the production-linked incentive scheme (PLI). Ford was among 20 companies that had signed a Champion OEM Incentive Scheme under the PLI project with the government in February this year. The decision comes as a blow for the 4,000-odd employees at Ford India's Maraimalai Nagar plant near Chennai and in Sanand, Gujarat. In September last year, the company had announced that it would exit the India market, which it had entered in 1995 through an on-again, off-again joint venture with Mahindra & Mahindra (they split in 1998, signed a JV in 2019 and split again in December 2020), retailing petrol and diesel brands such as the EcoSport, Figo, Aspire, and Endeavour.

Jhunjhunwala-backed Akasa Air to start flying from 2022

Jhunjhunwala-backed Akasa Air to start flying from 2022

Rediff.com12 Oct 2021

In the season of aviation action, Rakesh Jhunjhunwala-backed Akasa Air has secured the crucial no-objection certificate (NoC) from the civil aviation ministry. It expects to start operations next summer. The airline will now have to apply for the Directorate General of Civil Aviation for operations permit. Aviation sector has been in the limelight with the Tata Group winning the Air India bid last week.

Ukraine war threatens another global recession, deglobalisation: Patra

Ukraine war threatens another global recession, deglobalisation: Patra

Rediff.com11 Mar 2022

The sweeping economic sanctions on Russia - the second largest producer of crude oil - following its invasion of Ukraine late last month can cull global and domestic growth along with the added pains of higher inflation and currency depreciation, RBI Deputy Governor Michael Patra has said. And if the war lingers on, it can even lead to deglobalisation and even a recession, he added. The ongoing war has only added a whole new dimension to the outlook, and in fact, a weighty downside, Patra said in a lecture at the industry lobby IMC on Friday evening.

Chhattisgarh boy, who fell in borewell, rescued after 104 hours

Chhattisgarh boy, who fell in borewell, rescued after 104 hours

Rediff.com16 Jun 2022

Sahu fell into the unused 80-feet-deep borewell, located in the backyard of his house in Pihrid village in Malkharoda development block, around 2 pm on Friday while playing.

Drone start-ups: Adani to Ambani, billionaire Indians race for supremacy

Drone start-ups: Adani to Ambani, billionaire Indians race for supremacy

Rediff.com13 Jun 2022

An opportunity to enter a burgeoning sector at a low valuation and favourable policies are propelling some of India's largest corporate groups to scoop up drone start-ups. "Indian corporations lost the race in aerospace and space tech. "No one wants to miss the bus this time. "These are seasoned businessmen and they realise that the market cap of tech companies with problem-solving capabilities will exponentially rise in future," says Vipul Singh, CEO of Aarav Unmanned Systems (AUS).

Zomato to debut on the stock markets today, 4 days ahead of schedule

Zomato to debut on the stock markets today, 4 days ahead of schedule

Rediff.com23 Jul 2021

India's first unicorn Zomato will make its stock market debut on Friday, marking a historic moment for the domestic capital market. As per initial schedule, Zomato's listing was to take place on July 27. However, investment banks managed to complete the share allotment and listing formalities ahead of the deadline. Under the Sebi framework, the timeline between IPO closing and listing has to be six working days. Zomato's IPO had closed on July 16.

Super showing at US Open sees Osaka, Azarenka rise in rankings

Super showing at US Open sees Osaka, Azarenka rise in rankings

Rediff.com14 Sep 2020

Osaka also reached the final of the Western & Southern Open, which was held at Flushing Meadows this year due to the COVID-19 pandemic, but had to withdraw against Azarenka due to an injury.

Kia Carens: Made by an Asian company for Indian roads

Kia Carens: Made by an Asian company for Indian roads

Rediff.com9 Mar 2022

High ground clearance, a wide cabin and tall stance all mean that the Carens glides over bad roads with ease and comfort and an engine performance that is adequate in terms of the power of this vehicle, says Pavan Lall.

Restaurant to jewellery, brands make a beeline for metaverse

Restaurant to jewellery, brands make a beeline for metaverse

Rediff.com21 Jun 2022

'We're seeing major Bollywood celebrities, fashion icons, and even movie studios all wanting to build Metaverse experiences'

Time For Sonia To Give Up Her Son Love

Time For Sonia To Give Up Her Son Love

Rediff.com17 May 2022

For the Congress' revival, the eclipse of the Gandhis is absolutely necessary, asserts Virendra Kapoor.

Elon Musk's troubled tryst with India: Tesla, Starlink in limbo for over a year

Elon Musk's troubled tryst with India: Tesla, Starlink in limbo for over a year

Rediff.com30 May 2022

Recently, world headlines buzzed with Elon Musk's announcement that he was shelving his audacious bid for social media platform Twitter. Away from the media spotlight, questions are being asked about the maverick billionaire's plans in India, too. A few days ago, a Reuters report said Musk's flagship Tesla had put on hold its plan to launch electric cars in India.

This is how a country vaccinates!

This is how a country vaccinates!

Rediff.com30 Jul 2021

Israel and Bhutan, however small, illustrate what governments can do, and the mountains they can move, if they really care for their citizens.

20 cops injured in clash over COVID-19 victim's burial in Bengal

20 cops injured in clash over COVID-19 victim's burial in Bengal

Rediff.com21 Apr 2020

Three police vehicles were also torched by the mob. The policemen could only leave the area by a road that passes through the Jaldapara forest

Rebalancing India-China, The Sri Lanka Way

Rebalancing India-China, The Sri Lanka Way

Rediff.com14 Feb 2022

Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.

How Delhi airport will gain commercially from Tata-owned Air India

How Delhi airport will gain commercially from Tata-owned Air India

Rediff.com20 Oct 2021

With better utilisation of slots, foreign flying rights, and greater international connections, the operator of India's largest airport feels a privatised Air India will bring commercial benefit to Delhi airport and help it revive quicker from the pandemic shock. Delhi is the largest hub for Air India, with most of its long-haul flights to the US and Europe being operated from here. The airport plans to give its most modern terminal 3 (T3) exclusively to the Tata Group.

Fadnavis starts vacating CM residence, hunts for new home

Fadnavis starts vacating CM residence, hunts for new home

Rediff.com28 Nov 2019

According to sources, Fadnavis, who hails from Nagpur, has started hunting for a new house in Mumbai as he and his family members will continue to reside in the metropolis.

Divestment's Tough Climate Call: The hurdle in govt's fund-raising path

Divestment's Tough Climate Call: The hurdle in govt's fund-raising path

Rediff.com4 Jan 2022

There is money to buy the central public sector enterprises, but buyers will need a firm assurance that the disvestment programme will keep environment issues front and centre of their corporate plans.

Farm bill in RS: MPs tear papers, heckle presiding officer

Farm bill in RS: MPs tear papers, heckle presiding officer

Rediff.com20 Sep 2020

Derek O'Brien of Trinamool Congress came near the podium and tried to show the rule book to the Deputy Chairman. An attempt was also made to snatch the microphone and the marshals tried to prevent it.

Indore cleanest city for 5th straight yr, Chhattisgarh cleanest state

Indore cleanest city for 5th straight yr, Chhattisgarh cleanest state

Rediff.com20 Nov 2021

The second and third positions in the 'cleanest city' category of the 'Swachh Survekshan Awards, 2021' were secured by Surat and Vijayawada, respectively.

'BJP will win 225-250 seats in UP'

'BJP will win 225-250 seats in UP'

Rediff.com18 Jan 2022

'Both the BJP and SP have workers and cadres across the state, and now it will boil down to which party manages booths smartly and gets its voters to come out.'

Central Vista: PM's residence to be ready by Dec 2022

Central Vista: PM's residence to be ready by Dec 2022

Rediff.com3 May 2021

The redevelopment project of the Central Vista -- the power corridor of the country -- envisages a new triangular Parliament building, a Common Central Secretariat and the revamping of the three-km-long Rajpath from the Rashtrapati Bhavan to India Gate and new residences for the prime minister and the vice president.

20 central PSUs in pipeline for sale, 6 for shutdown

20 central PSUs in pipeline for sale, 6 for shutdown

Rediff.com14 Sep 2020

As many as 20 central public sector enterprises and their units are at various stages of strategic disinvestment, while six are being considered for closure or are under litigation, Minister of State for Finance Anurag Singh Thakur said on Monday.

Tips to shift your house smartly and save money

Tips to shift your house smartly and save money

Rediff.com2 May 2016

One way to bring down the cost is selling off old furniture.

Restoration work begins post Cyclone Nisarga

Restoration work begins post Cyclone Nisarga

Rediff.com4 Jun 2020

Several kutcha houses, temporary shades were destroyed, while hundreds of trees and many electrical poles were uprooted and roofs of some structures were blown away by the storm.

India needs to be prepared for 'two-front threat': Army chief

India needs to be prepared for 'two-front threat': Army chief

Rediff.com12 Jan 2021

Army chief General M M Naravane on Tuesday hoped for an amicable resolution of the military standoff with China in Ladakh through talks based on 'mutual and equal security' even as he said India will have to be prepared to deal with a 'two-front' threat scenario due to the potent and collusive threat from China and Pakistan.

Belgium and France share top spot in FIFA rankings

Belgium and France share top spot in FIFA rankings

Rediff.com20 Sep 2018

Roberto Martinez's Belgium collected two wins, including their first in the UEFA Nations League over Iceland earlier this month, to bring them level with France on 1729 points.