News for 'AT1'

ACT PIX: India set up China final after Harmanpreet brace

ACT PIX: India set up China final after Harmanpreet brace

Rediff.com16 Sep 2024

China stunned Pakistan 2-0 in the shoot-out to enter the final of Hero Asian Champions Trophy for the first time in the history of the tournament.

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

Rediff.com30 Aug 2024

Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). This is Zepto's third big-ticket fundraise within a year. With this, the company has raised more than $1 billion in 12 months.

Any correction in oil marketing companies could be a buying opportunity

Any correction in oil marketing companies could be a buying opportunity

Rediff.com3 Sep 2024

Trends in the global energy markets are crucial if India's growth outlook is to remain healthy. Prices for the Indian crude basket were averaging around $86.2 per barrel through Q1FY25 and then moderated to $84 in July and to $78-79 in August (so far). But global crude supply may outpace weak global demand in the short term.

How Sri Lanka shattered 27-year hoodoo against India

How Sri Lanka shattered 27-year hoodoo against India

Rediff.com8 Aug 2024

Avishka Fernando scored a superb 96 and Dunith Wellalage took five wickets as Sri Lanka thumped India by 110 runs in Colombo.

Sebi Can't Recover Rs 76,293 Cr Dues!

Sebi Can't Recover Rs 76,293 Cr Dues!

Rediff.com10 Aug 2024

Out of 3,871 recovery certificates issued by the regulator in various cases, 807 have been certified as difficult to recover.

PIX: Alcaraz, Sinner drop set on way to second round

PIX: Alcaraz, Sinner drop set on way to second round

Rediff.com28 Aug 2024

Images from the US Open men's singles first round matches, at Flushing Meadows, New York, on Tuesday.

Wholesale inflation falls to 3-month low of 2.04% in July

Wholesale inflation falls to 3-month low of 2.04% in July

Rediff.com14 Aug 2024

Wholesale inflation fell to a 3-month low of 2.04 per cent in July on decline in prices of food items especially vegetables, government data released on Wednesday showed. The decline in wholesale price index (WPI) based inflation in July came after it rose for four months in a row till June, when it was 3.36 per cent. It was (-) 1.23 per cent in July last year. In April wholesale inflation stood at 1.19 per cent.

Former AAP official Vijay Nair gets bail in excise policy case

Former AAP official Vijay Nair gets bail in excise policy case

Rediff.com2 Sep 2024

In a relief to former Aam Aadmi Party communication in-charge Vijay Nair, the Supreme Court on Monday granted him bail after nearly 23 months of incarceration in a money laundering case stemming from the alleged Delhi excise policy scam, observing that liberty is 'sacrosanct' and needs to be respected in cases involving even stringent laws.

Retail inflation slips to 5-yr low of 3.54% in July

Retail inflation slips to 5-yr low of 3.54% in July

Rediff.com12 Aug 2024

Retail inflation declined to a five-year low of 3.54 per cent in July mainly on account of subdued prices of food items, and base effect, according to official data released on Monday. The Consumer Price Index (CPI) based retail inflation was 5.08 per cent in June 2024 and 7.44 per cent in July 2023.

Sreejesh's heroics save the day for India

Sreejesh's heroics save the day for India

Rediff.com4 Aug 2024

Sreejesh was the cynosure of all eyes as he consistently denied Great Britain scoring opportunities

Man City down United on penalties to win Community Shield

Man City down United on penalties to win Community Shield

Rediff.com11 Aug 2024

English Premier League champions Manchester City beat FA Cup winners Manchester United 7-6 on penalties to win the Community Shield.

Truck driver injured as bridge collapses in Karnataka

Truck driver injured as bridge collapses in Karnataka

Rediff.com7 Aug 2024

An old bridge across Kali river in Uttara Kannada district collapsed in the small hours of Wednesday, resulting in heavy traffic along National Highway 66, connecting Goa to Karnataka.

Paris Olympics: How India's athletes fared on Day 13

Paris Olympics: How India's athletes fared on Day 13

Rediff.com9 Aug 2024

Check out how India's athletes fared on Day 13, Thursday, August 8.

Wimbledon's Costliest Ever Final Ticket

Wimbledon's Costliest Ever Final Ticket

Rediff.com15 Jul 2024

The rematch between Carlos Alcaraz and Novak Djokovic was one of the most expensive get-in-final tickets in the history of the sport.

Apollo Hospitals to ride on healthy growth outlook

Apollo Hospitals to ride on healthy growth outlook

Rediff.com24 Aug 2024

Apollo Hospitals Enterprise (APH) delivered an in-line performance for the April-June quarter of the financial year 2024-2025 (Q1FY25)with growth in the number of patients. AHLL (Apollo Health & Lifestyle), a subsidiary, posted sales growth and profitability. APH also reduced operational costs at Healthco.

US Open PIX: Zheng triumphs in a thriller; Gauff out!

US Open PIX: Zheng triumphs in a thriller; Gauff out!

Rediff.com2 Sep 2024

China's Zheng Qinwen is bidding to become the fourth woman to win Olympic gold and the US Open title in the same year

At 1,334, India logs lowest single day Covid cases in 188 days; 16 die

At 1,334, India logs lowest single day Covid cases in 188 days; 16 die

Rediff.com24 Oct 2022

The death toll has climbed to 5,28,977 with 16 fatalities, which include 12 deaths reconciled by Kerala, data updated by the ministry at 8 am stated.

20 coaches of Sabarmati Express derail in UP, sabotage suspected

20 coaches of Sabarmati Express derail in UP, sabotage suspected

Rediff.com17 Aug 2024

Twenty coaches of the Ahmedabad-bound Sabarmati Express passenger train derailed near Govindpuri station in Kanpur early Saturday after the engine hit an 'object placed on the track'.

Olympic golf: Shubhankar ends tied 40th, Bhullar finishes tied 45th

Olympic golf: Shubhankar ends tied 40th, Bhullar finishes tied 45th

Rediff.com5 Aug 2024

India's previous best result in the men's golf at the Olympics was tied 42nd achieved by Anirban Lahiri at Tokyo three years ago.

Oppn, Dhankhar walk out of RS over Vinesh Phogat disqualification

Oppn, Dhankhar walk out of RS over Vinesh Phogat disqualification

Rediff.com8 Aug 2024

Dhankhar expressed his anguish on the conduct of Opposition members and left the House for a while.

CAD may dip in Q4 as net exports hit 11-quarter high

CAD may dip in Q4 as net exports hit 11-quarter high

Rediff.com10 Jun 2024

India's current account deficit (CAD) may dip further in the March quarter of FY24 as pressure from the negative net exports during the January-March period eased to an 11-quarter high. A part of the gross domestic product (GDP) data, net export- which is usually negative for India - captures the difference between exports and imports of both goods and services, while the CAD data, released by the Reserve Bank of India (RBI), also factors in private transfer receipts.

Budget Eases TDS, TCS For Salaried Class

Budget Eases TDS, TCS For Salaried Class

Rediff.com6 Aug 2024

'Earlier there was no provision for considering TCS collected from the taxpayer for overall tax computation.' 'Now, credit will be given by the employer for TCS already collected to consider net tax to be deductible.'

No rethinking on support for Chinese for investments in India: Piyush Goyal

No rethinking on support for Chinese for investments in India: Piyush Goyal

Rediff.com31 Jul 2024

India is not "rethinking" supporting investments from China, said Commerce and Industry Minister Piyush Goyal on Tuesday, referring to a proposal made in the Economic Survey 2024. The survey by India's chief economic advisor last week said India had two "choices" to benefit from the so-called China plus one strategy, either by integrating into that country's supply chain or by promoting foreign direct investment (FDI). "Chief economic advisor's report speaks about new ideas and gives out their own thinking. It is not at all binding on the government and there is no rethinking to support Chinese investments in the country," Goyal told reporters in Delhi.

Wayanad landslide survivor lost 11 family members

Wayanad landslide survivor lost 11 family members

Rediff.com31 Jul 2024

Everyone at Chooralmala thought that the 1.30pm landslide would be the only one, and many had gone back to bed, hoping that others who screamed for help would be safe.

Bharti Airtel Q1 profit jumps 2.5 times to Rs 4,160 cr

Bharti Airtel Q1 profit jumps 2.5 times to Rs 4,160 cr

Rediff.com5 Aug 2024

Telecom operator Bharti Airtel reported more than 2.5 times jump in its consolidated profit to Rs 4,160 crore in the April-June quarter of 2024-25 compared to the year-ago period driven by an improvement in average revenue per user and an exceptional gain of Rs 735 crore. The company had posted a profit of Rs 1,612.5 crore in the same period a year ago. The consolidated revenue from operations of Bharti Airtel increased by 2.8 per cent to Rs 38,506.4 crore during the reported quarter from Rs 37,440 crore in the June quarter of the last year.

Sebi eases valuation norms for AT-1 bonds

Sebi eases valuation norms for AT-1 bonds

Rediff.com24 Mar 2021

The Securities and Exchange Board of India (Sebi) on Monday relaxed the norms for valuing perpetual bonds. The norms, which had sought to value banks' deemed residual maturity of Basel III additional tier 1 (AT1) bonds as 100-year debt from April 1, were strongly opposed by the finance ministry. In a statement released on Monday, the regulator said the maturity would be 10 years until March 31, 2022, and would be increased to 20 and 30 years over the subsequent six-month period.

Automobile exports from India rise 15.5% in Q1

Automobile exports from India rise 15.5% in Q1

Rediff.com14 Jul 2024

Automobile exports from India rose 15.5 per cent year-on-year in the June quarter with all verticals, barring three-wheelers, recording growth in shipments, according to the latest SIAM data. Overall shipments stood at 11,92,577 units in the first quarter the current fiscal year, as compared with 10,32,449 units in the same period of the last fiscal. Passenger vehicle exports stood at 1,80,483 units in the first quarter, registering a jump of 19 per cent over 152,156 units in the same period last year.

Young guns to fill void left by Kohli, Rohit, Jadeja

Young guns to fill void left by Kohli, Rohit, Jadeja

Rediff.com9 Jul 2024

"There is plenty of talent...": Vaughan on Virat, Rohit,Jadeja retiring from T20Is

Yes Bank Q1 net profit surges 46.7% on lower provisions

Yes Bank Q1 net profit surges 46.7% on lower provisions

Rediff.com20 Jul 2024

Private sector lender Yes Bank on Saturday reported a 46.7 per cent growth in net profit to Rs 502 crore for the June 2024 quarter, helped by a reduction in provisions. The city-headquartered bank's core net interest income rose 12.2 per cent to Rs 2,000 crore. Its net interest margin stayed flat at 2.4 per cent.

Heavy rain continues in Mumbai, NDRF teams deployed

Heavy rain continues in Mumbai, NDRF teams deployed

Rediff.com22 Jul 2024

Western Railway stated that local train services were running normally on Monday morning, however, commuters claimed trains were running late by 5 to 10 minutes.

Mumbai gets 100 mm rainfall in 10 hrs; rail, air traffic hit

Mumbai gets 100 mm rainfall in 10 hrs; rail, air traffic hit

Rediff.com21 Jul 2024

Flight operations at Chhatrapati Shivaji Maharaj International Airport were suspended twice for a brief period due to inclement weather and low visibility, a source said.

London-bound Air India flight receives bomb threat

London-bound Air India flight receives bomb threat

Rediff.com25 Jun 2024

Security personnel conducted extensive checks on the aircraft and found no danger, allowing the flight to proceed as planned, a Cochin International Airport spokesperson said in a statement in Kochi.

Gig workers Bill: Unease among startups

Gig workers Bill: Unease among startups

Rediff.com15 Jul 2024

A group comprising top tech startups and unicorns has raised several "serious concerns" over a platform-based gig workers Bill proposed by the Karnataka government, saying it would hurt the ease of doing business. They told the state government the Bill in its current form would hamper operations and increase regulatory and compliance burden on the nascent gig and startup economy, according to sources.

I always believe in my hitting ability: Abhishek

I always believe in my hitting ability: Abhishek

Rediff.com7 Jul 2024

Abhishek Sharma said he kept belief in his hitting ability despite getting out for a duck in his international debut.

As food items become costlier, May inflation rises to 2.61%

As food items become costlier, May inflation rises to 2.61%

Rediff.com14 Jun 2024

The wholesale inflation rose for the third consecutive month in May at 2.61 per cent on account of rise in prices of food articles, especially vegetables, and manufactured items. The wholesale price index (WPI) based inflation was 1.26 per cent in the previous month. It was (-) 3.61 per cent in May 2023. "Positive rate of inflation in May, 2024 is primarily due to increase in prices of food articles, manufacture of food products, crude petroleum & natural gas, mineral oils, other manufacturing etc," the ministry of commerce & industry said in a statement on Friday.

Canny Switzerland provide blueprint to beat Germany

Canny Switzerland provide blueprint to beat Germany

Rediff.com24 Jun 2024

Germany coach Julian Nagelsmann -- who for the third time named the same starting 11 -- is a big fan of Havertz, but the fact an old-school number 9 like Fuellkrug saved the day may prompt calls for the side to have a clear focal point up front.

Political Savvy Nirmalaji's Bold Budget

Political Savvy Nirmalaji's Bold Budget

Rediff.com3 Aug 2024

Few finance ministers announce any taxation measure that could upset the stock market. Ms Sitharaman decided to take that risk, observes A K Bhattacharya.

Spain's Euro glory built on selfless group mentality

Spain's Euro glory built on selfless group mentality

Rediff.com15 Jul 2024

Spain's path to European Championship success was forged the hard way thanks to a remarkable collective effort, with several squad players coming off the bench at key moments to make decisive contributions when the team needed them the most.

'Aim to reach 1 billion tonnes coal output by FY 2027'

'Aim to reach 1 billion tonnes coal output by FY 2027'

Rediff.com21 Jul 2024

'With the deployment of a higher degree of mechanisation, awarding contractual mining to MDOs and operational efficiency, we feel confident of achieving the desired target.'

Alcaraz, Djokovic one win from repeat Wimbledon final

Alcaraz, Djokovic one win from repeat Wimbledon final

Rediff.com12 Jul 2024

The Wimbledon men's singles semi-finals take centre stage at the All England Club on Friday.