News for 'Ambit Capital'

Can India's Fireworks Capital Take on China?

Can India's Fireworks Capital Take on China?

Rediff.com1 days ago

Sivakasi, India's fireworks capital, is eyeing global markets as green crackers, rising demand and interest from overseas buyers offer a chance to challenge China's dominance.

AM Green Wins H2Global Auction, Boosts India's Green Molecule Export Ambitions

AM Green Wins H2Global Auction, Boosts India's Green Molecule Export Ambitions

Rediff.com30 Sep 2026

AM Green Ammonia has won the Asian lot in H2Global's auction, securing a 10-year agreement to supply renewable ammonia to Germany, valued at over 585 million euros. This deal positions India as a significant exporter of green molecules, with production slated for AM Green's Kakinada project, utilising renewable power and aiming for 2029 deliveries.

Jio Platforms IPO breaks global records with over 1 crore applications

Jio Platforms IPO breaks global records with over 1 crore applications

Rediff.com1 days ago

Jio Platforms' initial public offering has shattered global records by receiving over one crore applications, underscoring immense investor confidence in the company's ambitious plans for technology, AI, and cloud services, with the IPO subscribed almost seven times overall.

Ketan Parekh's bid to cross-examine Capital Group traders rejected by SAT

Ketan Parekh's bid to cross-examine Capital Group traders rejected by SAT

Rediff.com25 Aug 2026

The Securities Appellate Tribunal (SAT) has dismissed Ketan Parekh's appeal challenging Sebi's denial of his request to cross-examine two traders from Capital Group, related to an alleged front-running scheme.

Mukesh Kumar's Duleep Trophy performance fuels his India return ambitions

Mukesh Kumar's Duleep Trophy performance fuels his India return ambitions

Rediff.com8 Sep 2026

Mukesh Kumar, the Bengal pacer, has delivered an impressive performance in the Duleep Trophy, taking 11 wickets and expressing the critical importance of the ongoing domestic season for his potential India comeback. He detailed his strategic bowling approach on challenging pitches and the team's tactics for managing the hot conditions, while also providing an update on teammate Anukul Roy's injury.

HSBC emerges as top international bank for Indian corporate fundraising

HSBC emerges as top international bank for Indian corporate fundraising

Rediff.com12 Oct 2026

HSBC has emerged as the leading international bank in facilitating fundraising for Indian companies through bonds, syndicated loans, and IPOs during January-September 2026, according to Hitendra Dave, CEO of HSBC India.

TCG's Cortex DC To Develop 2 GW AI-Ready Data Centres In India

TCG's Cortex DC To Develop 2 GW AI-Ready Data Centres In India

Rediff.com2 days ago

Cortex DC, a company of The Chatterjee Group (TCG), announced its entry into the data centre market with plans to develop 2 GW of AI-ready capacity across India over the next seven years. The initiative aims to meet the growing demand for high-performance computing, targeting hyperscalers, cloud service providers, and advanced AI workloads with a focus on speed, scale, and sustainable power.

Jio IPO subscribed 3.01 times, draws Rs 66,500 cr bids after record 100-minute sellout

Jio IPO subscribed 3.01 times, draws Rs 66,500 cr bids after record 100-minute sellout

Rediff.com3 days ago

Jio Platforms Ltd's Rs 30,213-crore initial public offering was subscribed 3.01 times, attracting approximately Rs 66,500 crore in public bids, with qualified institutional buyers oversubscribing their portion by 9.02 times, while retail investor demand remained under-subscribed at 0.68 times.

Rishabh Pant 'fits perfectly' as Delhi's middle-order mainstay: Ganguly

Rishabh Pant 'fits perfectly' as Delhi's middle-order mainstay: Ganguly

Rediff.com7 Oct 2026

Newly-appointed Delhi Capitals head coach Sourav Ganguly expresses confidence in Rishabh Pant's return to form and his perfect fit in the team's middle order for the upcoming IPL season. Ganguly also outlines his vision for the team, aiming to lead them to success after a period away from the franchise.

'Jio Has The Energy And Nimbleness Of A Startup'

'Jio Has The Energy And Nimbleness Of A Startup'

Rediff.com3 days ago

'... but runs with the rigour and discipline of a large enterprise.'

Jio Platforms IPO Oversubscribed 5.57 Times, Draws Rs 3.73 Lakh Crore Demand

Jio Platforms IPO Oversubscribed 5.57 Times, Draws Rs 3.73 Lakh Crore Demand

Rediff.com2 days ago

Jio Platforms Ltd's Rs 30,213-crore initial public offering (IPO) has garnered bids worth Rs 3.73 lakh crore, achieving a subscription rate of 5.57 times the shares on offer, driven by robust institutional and anchor investor demand.

Chandrasekaran: Energy Security, Advanced Manufacturing Jobs 'Critical' for India's Long-Term Growth

Chandrasekaran: Energy Security, Advanced Manufacturing Jobs 'Critical' for India's Long-Term Growth

Rediff.com5 Oct 2026

Tata Sons Chairman N Chandrasekaran affirmed India's robust economic position amidst global uncertainty, emphasising that energy security, advanced manufacturing jobs, and investment in human capital are 'critical' for sustaining the nation's long-term growth.

Vijay Shekhar Sharma's Personal Bet On India's AI Future

Vijay Shekhar Sharma's Personal Bet On India's AI Future

Rediff.com7 Oct 2026

Paytm founder Vijay Shekhar Sharma has pledged personal funds, ranging from Rs 1 crore to Rs 2 crore, to Indian entrepreneurs developing their own artificial intelligence models. This initiative aims to foster indigenous AI capabilities and reduce reliance on foreign models, echoing Sharma's past success in mobile payments.

Tata Motors steps up its global CV ambition with Iveco

Tata Motors steps up its global CV ambition with Iveco

Rediff.com30 Jun 2026

Tata Motors is set to acquire Italy's Iveco Group, a strategic move aimed at propelling the Indian automaker into the top four global commercial vehicle (CV) manufacturers, with projected annual revenues of $35 billion-$40 billion within five years.

India's EV Ambitions: MHI Boosts Incentives, Tackles Financing & Manufacturing Hurdles

India's EV Ambitions: MHI Boosts Incentives, Tackles Financing & Manufacturing Hurdles

Rediff.com12 Aug 2026

The Ministry of Heavy Industries (MHI) anticipates disbursing approximately 4,700 crore in incentives under the automotive PLI scheme in FY27, more than double the previous two years, while also exploring financing mechanisms for electric buses and trucks and promoting domestic manufacturing of critical EV components.

AM Intelligence To Invest Over $20 Billion In AI Data Centres

AM Intelligence To Invest Over $20 Billion In AI Data Centres

Rediff.com5 Oct 2026

AI infrastructure firm AM Intelligence announced plans to invest over USD 20 billion in the next 15 months to significantly expand its data centre capacity, including firm orders for 20,000 NVIDIA Rubin GPUs. This expansion will bring its total capacity to 100 Megawatt initially, with a broader goal of 1 GW of compute-as-a-service capacity globally, establishing it as a major buyer of advanced AI hardware.

Former owners Boehly and Walter sell Chelsea holdings to Clearlake

Former owners Boehly and Walter sell Chelsea holdings to Clearlake

Rediff.com17 Sep 2026

Clearlake Capital Group is set to acquire the minority interests of co-owners Todd Boehly and Mark Walter, taking full control of Chelsea FC, with Boehly stepping down as chairman.

Oversupply Looms: India's Cement Sector Braces for Pricing Pressure

Oversupply Looms: India's Cement Sector Braces for Pricing Pressure

Rediff.com16 Sep 2026

India's cement industry is on the brink of an oversupply situation as aggressive capacity expansion by major players is set to outpace demand growth over the next two financial years, potentially leading to pricing pressures and moderated utilisation rates.

Maharashtra Deputy CM Shinde Concludes UK Visit, Pitches For Global Investment

Maharashtra Deputy CM Shinde Concludes UK Visit, Pitches For Global Investment

Rediff.com11 Sep 2026

Maharashtra Deputy Chief Minister Eknath Shinde concluded a two-day visit to the UK, focusing on attracting foreign direct investment and promoting the state's economic potential. His engagements included receiving leadership awards, meeting with sports figures like Virat Kohli to discuss Olympic aspirations, and appealing to British investors to bring technology and capital to Maharashtra, leveraging the India-UK FTA.

India Builds Resilience Against Future Global Shocks

India Builds Resilience Against Future Global Shocks

Rediff.com14 Oct 2026

Union Minister Ashwini Vaishnaw warned of increased global turbulence from tech disruptions, AI, and financial risks in the coming years. He stated that India is strengthening its economic and technological resilience to protect its growth from external shocks. India is focusing on domestic manufacturing and design in critical tech areas while maintaining global integration, with trust becoming as crucial as cost in supply chains.

India's 2038 Asian Games Bid Decision By 2028: South Korea, Mongolia Also In The Running

India's 2038 Asian Games Bid Decision By 2028: South Korea, Mongolia Also In The Running

Rediff.com18 Sep 2026

India's bid to host the 2038 Asian Games will not be decided before 2028, as the Olympic Council of Asia (OCA) has revealed that five other countries are also vying for the same edition.

India to sustain 7% growth in FY27 despite global headwinds: Sitharaman

India to sustain 7% growth in FY27 despite global headwinds: Sitharaman

Rediff.com31 Aug 2026

Finance Minister Nirmala Sitharaman stated that India is likely to sustain economic growth of 7 per cent or more in 2026-27, continuing the pace recorded since the Covid-19 pandemic, despite geopolitical uncertainties and supply-chain disruptions.

Nirmala Sitharaman: Next-Gen GST and India's next phase of growth

Nirmala Sitharaman: Next-Gen GST and India's next phase of growth

Rediff.com5 Oct 2026

India's Next-Gen GST reforms are proving instrumental in driving robust economic growth, simplifying tax compliance, and fostering a more inclusive business environment across the nation, aligning with the vision of a 'Viksit Bharat', writes Finance Minister Nirmala Sitharaman.

CBIC plans wider AI use, unified portal to ease Customs compliance: Chairman

CBIC plans wider AI use, unified portal to ease Customs compliance: Chairman

Rediff.com17 Sep 2026

The Central Board of Indirect Taxes and Customs (CBIC) is set to significantly increase its use of artificial intelligence (AI), machine learning (ML), and real-time analytics in Customs processes, aiming for a near-touchless, near-digital clearance experience, according to Chairman Vivek Chaturvedi.

West Bengal Launches Quantum And Semiconductor Tech Section To Attract Investments

West Bengal Launches Quantum And Semiconductor Tech Section To Attract Investments

Rediff.com14 Sep 2026

West Bengal has launched an Emerging Quantum and Semiconductor Technologies (EQST) section at CSIR-CGCRI to attract investments and position the state as a hub for next-generation technology. Minister Kalyan Chakraborti highlighted India's need to invest in these crucial sectors and outlined the state's plans to collaborate with institutions and leverage budget initiatives to foster research and start-ups.

'I love Test cricket': Tilak Varma opens up on India dream

'I love Test cricket': Tilak Varma opens up on India dream

Rediff.com2 Sep 2026

Tilak Varma, despite his white-ball success, expresses a strong desire to play Test cricket for India, considering red-ball cricket his true strength. He discusses the challenges of balancing international white-ball commitments with domestic red-ball opportunities and his eagerness to participate in the Duleep Trophy final amidst a tight schedule.

BRICS 2026: India's Chance To Make Diplomatic Gains

BRICS 2026: India's Chance To Make Diplomatic Gains

Rediff.com12 Sep 2026

For India, the goal is not simply to host another grand diplomatic gathering. It is to prove that a diverse coalition of emerging powers can still deliver.

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Rediff.com5 Sep 2026

The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.

Indian Enterprises Boost AI Investment But Face Governance Challenges

Indian Enterprises Boost AI Investment But Face Governance Challenges

Rediff.com8 Sep 2026

A new report reveals that enterprise AI investment in India has surged by 119 per cent, exceeding the global average. However, only 22 per cent of Indian organisations have established adequate governance frameworks, creating a significant gap between rapid deployment and safe, scalable AI adoption. This lack of governance impacts operational depth and raises concerns about transparency, regulation, and data privacy.

BRICS summit: Delhi hotels fully booked, rates soar

BRICS summit: Delhi hotels fully booked, rates soar

Rediff.com8 Sep 2026

Luxury hotels in Delhi are experiencing a significant room crunch and a sharp increase in tariffs ahead of the BRICS Summit. Many marquee properties show no availability or are quoting rates exceeding six figures per night around the September 12-13 event, highlighting a gap in India's hospitality infrastructure.

Lupin eyes $500 million from biosimilars, expands global footprint

Lupin eyes $500 million from biosimilars, expands global footprint

Rediff.com15 Sep 2026

Pharma major Lupin is significantly increasing its focus on biosimilars, aiming for a turnover of nearly $500 million from this segment over the next five years, driven by new product launches and expanded presence in key global markets like the US, Europe, and Japan.

Avengers: Endgame Encore: How The 4 New Crucial Scenes Set Up Doomsday

Avengers: Endgame Encore: How The 4 New Crucial Scenes Set Up Doomsday

Rediff.com28 Sep 2026

Avengers: Endgame Encore adds four crucial scenes that connect the old MCU to Avengers: Doomsday, from Loki's shocking return to Doctor Doom's sinister plans for the multiverse.

US India Space Partnership: A New Era Of Co-Creation

US India Space Partnership: A New Era Of Co-Creation

Rediff.com7 Sep 2026

US Ambassador to India, Sergio Gor, highlighted the evolving US-India space partnership, moving from cooperation to "co-creation" at the Bengaluru Space Expo. He emphasised joint design, funding, and co-authoring the future of human discovery, citing the NISAR satellite and India's participation in the Artemis Accords as key examples of this growing synergy.

Aadhaar: 'Fraudsters Get Smarter, But We're Also Getting Smarter'

Aadhaar: 'Fraudsters Get Smarter, But We're Also Getting Smarter'

Rediff.com10 Sep 2026

'It's A Cat And Mouse Game.'

JSW MG Motor India aims for 1 million vehicles, eyes fresh funding for expansion

JSW MG Motor India aims for 1 million vehicles, eyes fresh funding for expansion

Rediff.com27 Aug 2026

JSW Group and China's SAIC Motor are in discussions for the next round of capital support for JSW MG Motor India, aiming to expand manufacturing capacity beyond 220,000 units annually to an ambitious one million vehicles and broaden its new-energy vehicle (NEV) portfolio.

NSE gets regulatory nod for Rs 30,000 cr IPO, the biggest so far

NSE gets regulatory nod for Rs 30,000 cr IPO, the biggest so far

Rediff.com4 Sep 2026

The National Stock Exchange of India Ltd (NSE) has received regulatory approval from SEBI for its long-awaited Rs 30,000-crore initial public offering (IPO), positioning it to potentially become the country's largest-ever public issue.

Tata Group Faces Massive Funding Challenge

Tata Group Faces Massive Funding Challenge

Rediff.com26 Aug 2026

Tata Sons has the balance sheet to support them, for now.

Zerodha Co-founder Nikhil Kamath Backs CtrlS With Rs 200 Crore Investment

Zerodha Co-founder Nikhil Kamath Backs CtrlS With Rs 200 Crore Investment

Rediff.com19 Aug 2026

Zerodha co-founder Nikhil Kamath has invested Rs 200 crore in CtrlS, a hyperscale data centre company, with entrepreneur Sreeram Reddy Vanga adding Rs 50 crore. This capital infusion will fuel CtrlS's infrastructure expansion and capacity growth across India, addressing the rising demand from enterprises and hyperscale clients driven by AI, cloud, and digital advancements.

Will Mourinho return to Real Madrid add spice to La Liga?

Will Mourinho return to Real Madrid add spice to La Liga?

Rediff.com11 Aug 2026

The upcoming LaLiga season promises an intense battle as Barcelona defends its title against a revamped Real Madrid, led by returning manager Jose Mourinho, and a turbulent Atletico Madrid. Real Madrid has made significant signings and brought back Mourinho after two trophyless seasons, while Barcelona relies on continuity and its World Cup-winning core. Atletico Madrid faces pressure on manager Diego Simeone and a potential transfer saga involving Julian Alvarez, setting the stage for a dramatic season.

Sapne vs Everyone Season 2 Review: Ambition, Betrayal, Dreams In Disarray

Sapne vs Everyone Season 2 Review: Ambition, Betrayal, Dreams In Disarray

Rediff.com1 May 2026

Sapne vs Everyone is dark, and often depressing. At the same time, it is not completely hopeless, notes Deepa Gahlot.