News for 'Ambit Capital'

Kharge meets Nitish, Pawar, Left leaders in bid to cement Opposition unity

Kharge meets Nitish, Pawar, Left leaders in bid to cement Opposition unity

Rediff.com14 Apr 2023

As part of the efforts to bring several opposition parties together on a common platform to defeat the BJP in 2024 Lok Sabha polls, Pawar met Kharge on Thursday evening.

Without Modi, BJP's MP Tally Would Shrink

Without Modi, BJP's MP Tally Would Shrink

Rediff.com28 Sep 2022

Despite consumer inflation, joblessness, etc, ordinary voters still think Modi is the best to rule the country.< Going into the poll with a tried and tested prime ministerial candidate is a huge plus for the BJP --- and a huge handicap for the Opposition, points out Virendra Kapoor.

How brokerages read Budget 2021

How brokerages read Budget 2021

Rediff.com3 Feb 2021

PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.

Kharge to pick Karnataka CM based on opinions of all Cong MLAs

Kharge to pick Karnataka CM based on opinions of all Cong MLAs

Rediff.com15 May 2023

The Congress Legislature Party, which met at a private hotel in Bengaluru on Sunday evening, passed a unanimous resolution authorising the party chief to pick its leader.

Nitish to be PM face if other parties want: JD-U

Nitish to be PM face if other parties want: JD-U

Rediff.com19 Aug 2022

Amid a buzz that Bihar Chief Minister Nitish Kumar may emerge as the opposition's prime ministerial candidate, his party Janata Dal-United said on Friday if other parties want so, then this is an option.

Funding for space start-ups zooms

Funding for space start-ups zooms

Rediff.com30 Nov 2022

The race for space has got real, and it is attracting funding like never before. In 2022 so far, funding to private players in the space sector has jumped a whopping 61.5 per cent - soaring to $108.52 million compared to $67.2 million in 2021. Propelling it is the government's decision to open up the space sector to private players and the work done by companies like Skyroot Aerospace, the Hyderabad-based start-up behind the launch of India's first privately developed rocket on November 18.

Chips: Can India Be A World Leader?

Chips: Can India Be A World Leader?

Rediff.com8 Sep 2022

Is self-reliance the right approach in a mega-buck game, or better to be part of a network? asks T N Ninan.

Before Atique Ahmed, there was Chand Baba in UP

Before Atique Ahmed, there was Chand Baba in UP

Rediff.com10 Mar 2023

Atique Ahmed is one of the most feared dons of Uttar Pradesh today. There was another don who preceded Atique and had he survived, Atique wouldn't have been around today, recalls Sudhir Bisht.

India needs $223 bn to meet 2030 renewable goals

India needs $223 bn to meet 2030 renewable goals

Rediff.com22 Jun 2022

India will need $223 billion of investment to meet its goal of wind and solar capacity installations by 2030, according to a new report by research company BloombergNEF (BNEF). The government has set a target of increasing non-fossil power capacity to 500 GW by 2030. It wants non-fossil fuel power sources to provide half of its electricity supply by 2030. "To achieve this target, India needs to massively scale up funding for renewables," the report said, adding that $223 billion is required over the next eight years just to meet the solar and wind capacity targets.

'Raising funds is not the end, execution is important'

'Raising funds is not the end, execution is important'

Rediff.com23 Nov 2021

'We do realise it is time to have a larger ambition.'

Time ripe to enter electric 4-wheeler space: Anand Mahindra

Time ripe to enter electric 4-wheeler space: Anand Mahindra

Rediff.com15 Aug 2022

With increased consumer awareness and government support in place, it is the opportune time to enter the electric passenger vehicle segment, Mahindra Group Chairman Anand Mahindra said on Monday. With an eye on gaining leadership in the electric four-wheeler segment, the Indian auto major announced that it will launch five new electric Sports Utility Vehicles (SUVs) for both domestic and international markets, with the first four expected to hit the road between 2024 and 2026. The company would introduce the first of the five e-SUVs towards the end of 2024, starting with the Indian market.

Lingayats hold key for 50 seats in Kittur Karnataka region

Lingayats hold key for 50 seats in Kittur Karnataka region

Rediff.com7 Apr 2023

The Bharatiya Janata Party had won 30 of the total 50 seats in the region in the 2018 assembly polls, followed by Congress 17, Janata Dal-Secular 2, and others (KPJP-Shankar) 1.

India remains an attractive FDI destination

India remains an attractive FDI destination

Rediff.com14 Sep 2021

India remains an attractive destination for foreign direct investments (FDI) on account of healthy prospects of economic growth and its skilled workforce, according to a survey by Deloitte. A large proportion of international business leaders remain confident in India's short- and long-term prospects and are readying plans to make additional and first-time investments in the country, it said on Tuesday. "The survey, which questioned 1,200 business leaders of multinational corporations in the US, UK, Japan and Singapore, found that India remains an attractive destination for investments, scoring highly for its skilled workforce and prospects for economic growth," the survey - India's FDI Opportunity - said.

IPL turns 'Sweet 16'! The driving force of the glitzy league

IPL turns 'Sweet 16'! The driving force of the glitzy league

Rediff.com30 Mar 2023

As the 16th edition of the glitzy Indian Premier League is set to unfold, let's take a look at the driving force of the T20 league and what's in store in this edition.

Cash crunch shadow on Sensex earnings

Cash crunch shadow on Sensex earnings

Rediff.com22 Nov 2016

Cash crunch shadow on Sensex earnings

Manchester United up for sale?

Manchester United up for sale?

Rediff.com23 Nov 2022

Manchester United said on Tuesday it was commencing a process to explore strategic alternatives, including a new investment or a potential sale, 17 years after the American Glazer family bought the English Premier League soccer club.

IPL: Williamson, Bravo among big names let go

IPL: Williamson, Bravo among big names let go

Rediff.com15 Nov 2022

In other big movements, Punjab Kings have released their last edition's captain Mayank Agarwal, while West Indies skipper Nicholas Pooran was released by Sunrisers Hyderabad.

India Inc profitability at five-year low

India Inc profitability at five-year low

Rediff.com23 Dec 2013

Returns on capital harder to sustain as debt levels rise; responsibility for this invariably of firms themselves

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

Raj Thackeray Asked Akshay To Play Shivaji

Raj Thackeray Asked Akshay To Play Shivaji

Rediff.com3 Nov 2022

'To essay Chhatrapati Shivaji is a huge responsibility. I can't tell you how great and proud I feel.'

LG-Kejriwal tussle refuses to die down despite one-hour meeting

LG-Kejriwal tussle refuses to die down despite one-hour meeting

Rediff.com14 Jan 2023

Kejriwal alleged that for the last few months, the interference of the lieutenant governor in the elected government's working has increased day by day.

Why Yes Bank audit committee chief quit

Why Yes Bank audit committee chief quit

Rediff.com13 Jan 2020

Uttam Prakash Agarwal alleged that Citax and Braich offers were incomplete and did not include firm commitment as to the price, size, timings, confirmation from the banks about availability of the funds.

Budget Won't Ensure Economic Recovery

Budget Won't Ensure Economic Recovery

Rediff.com24 Feb 2022

By any economic theory or doctrine, this is no Budget that supports economic recovery, whether through supporting aggregate demand, or through expansionary stimulus, declares Rathin Roy.

'Fadnavis is as ruthless as Modi-Shah'

'Fadnavis is as ruthless as Modi-Shah'

Rediff.com19 Sep 2022

It was not a one-way ride up though for the man who now could potentially become the BJP's national president over time.

Why some fund managers have quit their jobs

Why some fund managers have quit their jobs

Rediff.com7 Dec 2017

They are making switch to the high-growth alternative investments fund industry, reports Pavan Burugula.

Will Kharge's win as Cong prez help party regain lost Dalit base in K'taka?

Will Kharge's win as Cong prez help party regain lost Dalit base in K'taka?

Rediff.com23 Oct 2022

The veteran leader is also expected to use his good offices in unifying the faction-ridden party in the state, ahead of assembly elections just six months away.

How can you change history, asks Nitish on Shah remark

How can you change history, asks Nitish on Shah remark

Rediff.com14 Jun 2022

History, incidentally, has often been the stick that the BJP and the JD-U have used to beat each other with.

This is why Godrej is a big name in India's real estate sector

This is why Godrej is a big name in India's real estate sector

Rediff.com21 Nov 2017

In the quarter ended September 30, the Pirojsha Godrej-led firm recorded Rs 492 crore net sales, up 49% year-on-year

Clarity likely on taxing NFT as virtual digital asset

Clarity likely on taxing NFT as virtual digital asset

Rediff.com6 Jun 2022

Ahead of the first due date of advance tax payment on June 15, the government is likely to release guidelines on what will be covered within the ambit of virtual digital assets (VDA). To remove any ambiguity in the recently established tax framework for asset holders, the Central Board of Direct Taxes (CBDT) is currently preparing guidelines, said government officials in the know. The apex direct tax body will define non-fungible tokens (NFTs) and whether or not they fall within the purview of VDA.

Adani ropes in TotalEnergies for its $50 bn green hydrogen venture

Adani ropes in TotalEnergies for its $50 bn green hydrogen venture

Rediff.com14 Jun 2022

TotalEnergies will acquire 25 per cent shareholding in Adani New Industries Ltd -- the firm that houses Adani Group's new energy business -- for an undisclosed amount, the two firms said in separate statements. "TotalEnergies has entered into an agreement with (Adani Group's flagship) Adani Enterprises Limited (AEL) to acquire a 25 per cent interest in ANIL," the French energy giant said.

All In The Family In The Name Of Politics

All In The Family In The Name Of Politics

Rediff.com2 May 2023

With some variations, all regional political formations, whether in power presently or out of it, share some common features: Tight family control of the political apparatus, key members in elected or appointed positions, obvious wealth but not quite known sources of income, and family factionalism, sometimes open and bitter, notes Shreekant Sambrani.

Tiranga And The Battle For Hyper Nationalism

Tiranga And The Battle For Hyper Nationalism

Rediff.com31 Aug 2022

The War of the Tiranga is a metaphor for a new battle of ideas in national politics, observes Shekhar Gupta.

Sack TN Guv for instigating communal hatred: DMK to Prez

Sack TN Guv for instigating communal hatred: DMK to Prez

Rediff.com9 Nov 2022

The DMK and its allies submitted a list of pending assembly bills with the Raj Bhavan.

Mahindra & Mahindra plans to launch 16 EVs by 2027

Mahindra & Mahindra plans to launch 16 EVs by 2027

Rediff.com9 Nov 2021

Homegrown auto major Mahindra & Mahindra on Tuesday said it plans to launch 16 electric vehicles (EVs) by 2027 across SUV and light commercial vehicle categories to strengthen its leadership position in India's electric mobility segment. The company, which has set a cumulative revenue growth target of 15-20 per cent by 2025, is keeping its options open to either bring in private equity investors or carve out its EV business into a separate entity to drive its growth. M&M, which has already announced plans to invest Rs 3,000 crore in EVs, is also considering a new brand name for the electric SUVs that it will launch by 2027.

What India needs to do at COP26, Glasgow

What India needs to do at COP26, Glasgow

Rediff.com1 Nov 2021

Rather than talking endlessly about lost and marginal opportunities, India's climate envoys need to start thinking bigger, says Mihir S Sharma.

Mukesh Ambani's Reliance Retail picks 25.8% pie in Dunzo

Mukesh Ambani's Reliance Retail picks 25.8% pie in Dunzo

Rediff.com6 Jan 2022

Reliance Retail has bought a 25.8 per cent stake in Dunzo, India's leading quick commerce player, for $200 million (around Rs 1,488 crore) as it looks to expand its presence in online grocery delivery business. Dunzo has raised $240 million (about Rs 1,787 crore) in its latest funding round that was led by Reliance Retail Ventures Ltd (RRVL) - the retail arm of Reliance Industries, the two firms said in a statement. Existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital also participated in the funding round.

Tharoor carries on with Malabar yatra as warring Cong groups unite against him

Tharoor carries on with Malabar yatra as warring Cong groups unite against him

Rediff.com22 Nov 2022

Although the leaders are not on same page on many matters related to the party, they have apparently come together to check Tharoor's larger political ambition in the state, they said.

India's 'fastest-growing' GDP stats: What's the truth?

India's 'fastest-growing' GDP stats: What's the truth?

Rediff.com5 Feb 2016

The slowdown is especially pronounced in rural areas, which have suffered two consecutive dry years.

Will markets get what they want from the Budget?

Will markets get what they want from the Budget?

Rediff.com23 Jan 2017

Besides Budget, markets will be driven by global events and the outcome of assembly elections.

Speculation rife over Rajan succeeding IMF chief Lagarde

Speculation rife over Rajan succeeding IMF chief Lagarde

Rediff.com7 Apr 2015

RBI governor is seen succeeding International Monetary Fund (IMF) chief executive officer, Christine Lagarde, next year.