News for 'Amit Dave'

RIL to pump Rs 1.5 trn into petro, new energy

RIL to pump Rs 1.5 trn into petro, new energy

Rediff.com28 Apr 2025

Mukesh Ambani-led Reliance Industries Ltd (RIL) plans to invest Rs 75,000 crore ($9 billion) each into its new energy business and petrochemical expansion, according to a company presentation. In its FY25 result statement, Ambani said the company has laid a strong foundation for its projects in renewable energy and battery operations. "In the coming quarters, we will see the transition of this business from incubation to operationalisation.

Crash: 'Preliminary Report Will Have Answers'

Crash: 'Preliminary Report Will Have Answers'

Rediff.com16 Jun 2025

'A few answers for the reason of the crash will be known -- whether it was a technical fault, design issue, human error etc.'

Zakia Jafri, wife of ex-Cong MP killed in 2002 Gujarat riots, dies

Zakia Jafri, wife of ex-Cong MP killed in 2002 Gujarat riots, dies

Rediff.com1 Feb 2025

Zakia Jafri, the wife of former Congress MP Ehsan Jafri who was killed in the 2002 Gujarat riots, died on Saturday in Ahmedabad at the age of 86. Ehsan Jafri was among 69 persons who were killed inside Gulbarg Society, a Muslim neighbourhood in Ahmedabad, on February 28, 2002, a day after coaches of the Sabarmati Express train were burnt in Godhra, resulting in the deaths of 59 'karsevaks' returning from Ayodhya. The incident triggered horrific rioting across the state. Zakia Jafri hit the national headlines as she waged a legal battle all the way to the Supreme Court in a bid to hold top political leaders accountable for the large conspiracy for the riots post the Godhra train burning episode. Her son Tanveer Jafri said that his mother was visiting his sister's house in Ahmedabad when she complained of feeling uneasy. The doctor who was called in declared her dead at around 11:30 am. Social activist Teesta Setalvad, who was co-complainant in Jafri's protest petition in the Supreme Court, posted on X that Zakia Jafri was a compassionate leader of the human rights community.

England spinner Shoaib Bashir concedes 38 runs in an over

England spinner Shoaib Bashir concedes 38 runs in an over

Rediff.com24 Jun 2024

The 20-year-old, playing for Worcestershire, was hit for five straight sixes by England teammate Dan Lawrence, playing for Surrey.

Should Sachin Help India In Australia?

Should Sachin Help India In Australia?

Rediff.com14 Nov 2024

'#TeamIndia could benefit if they have the services of #Tendulkar as the batting consultant in their prep for the #BGT2025.'

Focus on skippers Pant, Patel as LSG, DC face off in Vizag

Focus on skippers Pant, Patel as LSG, DC face off in Vizag

Rediff.com23 Mar 2025

With their respective leaders switching camps and squads undergoing major overhauls, both Delhi Capitals and Lucknow Super Giants, under new captains, will be eager to make a strong start to their IPL campaign when they face off in Visakhapatnam on Monday.

PIX: Gill, Jurel guide India to series win!

PIX: Gill, Jurel guide India to series win!

Rediff.com26 Feb 2024

Shubman Gill and Dhruv Jurel pulled off a nervy chase as India beat England by five wickets in the fourth Test on Monday to claim an unassailable 3-1 lead.

SpiceJet placed under enhanced surveillance

SpiceJet placed under enhanced surveillance

Rediff.com29 Aug 2024

Aviation watchdog DGCA on Thursday decided to place crisis-hit SpiceJet under enhanced surveillance that will entail increased spot checks and night surveillance to ensure safety of the airline's operations. Based on reports of cancellation of flights and financial stress being experienced by SpiceJet, DGCA said it conducted a special audit of the airline's engineering facilities on August 7 and 8 and certain deficiencies were found during the audit.

Farm profits likely to be higher this kharif season

Farm profits likely to be higher this kharif season

Rediff.com12 Dec 2024

Overall profitability in the agriculture sector is expected to be marginally higher at the pan-India level in the 2024-25 kharif season, driven largely by higher production and low input cost, but offset by the declining price of some produce, according to a report released by Motilal Oswal Financial Services Ltd on Wednesday. The report said that region-wise farm profitability in the northern belt was expected to be relatively better than in the southern belt, while the eastern and western belts presented a mixed bag.

India's manufacturing sector regains growth momentum in October: PMI

India's manufacturing sector regains growth momentum in October: PMI

Rediff.com4 Nov 2024

India's manufacturing sector growth recovered from September's eight-month low to 57.5 in October fuelled by faster increases in total new orders and international sales, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) rose from September's eight-month low of 56.5 to 57.5 in October, indicating a substantial and accelerated improvement in operating conditions.

Calcutta HC allows RSS rally in Bardhaman, limits attendance

Calcutta HC allows RSS rally in Bardhaman, limits attendance

Rediff.com14 Feb 2025

The Calcutta High Court has granted conditional permission to the Rashtriya Swayamsevak Sangh (RSS) to hold a rally in West Bengal's Purba Bardhaman district on February 16, despite objections from the state government. The court allowed the event, which will be addressed by RSS chief Mohan Bhagwat, on the condition that the organizers keep the crowd size and sound levels under control and ensure that students taking secondary exams are not disturbed. The event will be held at the Sports Authority of India (SAI) complex, which is located in a remote area and away from any schools.

Tomatoes now cost Rs 65/kg in Delhi

Tomatoes now cost Rs 65/kg in Delhi

Rediff.com7 Oct 2024

The Centre on Monday started selling tomatoes at a subsidised rate of Rs 65 per kg in the national capital to provide relief to the common man and check abnormal profits by intermediaries. Tomatoes are being sold at an average rate of Rs 90 per kg in the national capital.

Stop Violence! India Tells Manipur

Stop Violence! India Tells Manipur

Rediff.com25 Jul 2023

The horrific videos from Manipur have shocked India, leading to protests across the nation.

An Open Letter To Terrorists Who Attacked Pahalgam

An Open Letter To Terrorists Who Attacked Pahalgam

Rediff.com25 Apr 2025

'I am ashamed that you and I were born into the same faith -- because we are nothing alike. My religion is humanity. The Islam I know teaches me to protect the innocent. Yours celebrates slaughter, you #&$#@#. 'My Islam teaches me to serve my nation. Yours tells you to tear it apart,' writes Major Dr Mohommed Ali Shah (retd).

BJP Celebrates Modi's Third Term

BJP Celebrates Modi's Third Term

Rediff.com4 Jun 2024

Celebrations had already begun at BJP headquarters before the full announcement of results.

WC PHOTOS: NZ batters put on an exhibition in England mauling

WC PHOTOS: NZ batters put on an exhibition in England mauling

Rediff.com5 Oct 2023

Devon Conway and Rachin Ravindra smashed rapid unbeaten centuries to set up New Zealand's successful pursuit of a 283-run victory target, which came with 13.4 overs to spare.

World Cup PIX: Fan Fare At Narendra Modi Stadium

World Cup PIX: Fan Fare At Narendra Modi Stadium

Rediff.com14 Oct 2023

The wait for the highly-awaited India vs Pakistan World Cup contest finally came to an end and fans didn't disappoint as they thronged to the Narendra Modi Stadium.

All Roads In Dubai Lead To India-Pakistan Game

All Roads In Dubai Lead To India-Pakistan Game

Rediff.com22 Feb 2025

The turnout of only about 10,000 spectators for the India-Bangladesh opening match of the Champions Trophy at the 30,000-capacity Dubai International Stadium has sparked debate over whether fans are only interested in an India-Pakistan clash.

India plans new migration law amid US deportations

India plans new migration law amid US deportations

Rediff.com6 Feb 2025

The proposed legislation on Emigration (Overseas Mobility (Facilitation and Welfare) Bill, 2024) seeks to replace the Emigration Act of 1983 with a view to facilitate the circular mobility of people intending to emigrate for overseas employment.

Domestic steel prices rise but looming global trade war sparks concerns

Domestic steel prices rise but looming global trade war sparks concerns

Rediff.com19 Mar 2025

Domestic steel prices have seen an increase over the past couple of months in anticipation of a safeguard duty, but a looming global trade war is likely to weigh as threat of import rises and prospect of export flounders. Data from BigMint showed that in March 2025, hot rolled coil (HRC) prices ex-Mumbai increased by Rs 600 per tonne month-on-month (M-o-M), rising from Rs 48,400 per tonne in February to Rs 49,000 per tonne.

Automobile dispatches rose 12% in 2024: SIAM

Automobile dispatches rose 12% in 2024: SIAM

Rediff.com14 Jan 2025

Automobile dispatches from companies to dealers rose 12 per cent last year compared to 2023 on the back of positive consumer sentiments which aided robust demand for two-wheelers, industry body SIAM said on Tuesday. Total wholesales across categories rose to 2,54,98,763 units in 2024 against 228,39,130 units in 2023, a growth of 11.6 per cent.

Hyundai's IPO subscribed 2.37 times on final day

Hyundai's IPO subscribed 2.37 times on final day

Rediff.com17 Oct 2024

The initial public offer of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, got subscribed 2.37 times on the third day of the bidding on Thursday, helped by institutional buyers. This is the largest IPO in the country, surpassing LIC's initial share sale of Rs 21,000 crore. The Rs 27,870 crore initial share sale got bids for 23,63,26,937 shares against 9,97,69,810 shares on offer, translating into 2.37 times subscription, as per NSE data.

Sensex, Nifty scale fresh peaks on firm global cues

Sensex, Nifty scale fresh peaks on firm global cues

Rediff.com30 Aug 2024

Among the 30 Sensex firms, Bajaj Finance, Mahindra & Mahindra, NTPC, Power Grid, Bajaj Finserv, Bharti Airtel and Tata Consultancy Services were the biggest gainers. In contrast, Tata Motors, HDFC Bank, Reliance Industries, Tech Mahindra and ITC were among the laggards.

MSP for wheat hiked by Rs 150/quintal ahead of state polls

MSP for wheat hiked by Rs 150/quintal ahead of state polls

Rediff.com16 Oct 2024

The government on Wednesday increased the Minimum Support Price (MSP) for wheat by Rs 150 to Rs 2,425 per quintal for the 2025-26 marketing season, a move that comes ahead of key state elections. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved price hikes for six rabi crops, with increases ranging from Rs 130 to Rs 300 per quintal for the 2025-26 marketing season beginning April 2025. "Like for kharif crops, there is a significant increase in the MSP for rabi crops," Information and Broadcasting Minister Ashwini Vaishnaw said in a media briefing after the Cabinet meeting.

Tattoo Messages This Navratri

Tattoo Messages This Navratri

Rediff.com16 Oct 2023

Artists in Ahmedabad paint tattoos ahead of Navratri.

'It's been very hard on Rishabh not playing, but...'

'It's been very hard on Rishabh not playing, but...'

Rediff.com1 Mar 2025

Rishabh Pant hasn't been a part of the playing eleven in the last two group games as India handed over the wicketkeeping duties to KL Rahul, who has performed remarkably well behind the stumps and provided solidity to the middle order.

'Indian Cricket Changed My Life'

'Indian Cricket Changed My Life'

Rediff.com16 Jul 2025

'I have a deep affection for Indian cricket. If someone asked me to come back, I wouldn't say no.'

Paytm to reapply for RBI's payments aggregator licence

Paytm to reapply for RBI's payments aggregator licence

Rediff.com15 Sep 2024

Paytm will focus on its core business of payments and cross-selling financial services as it works to achieve "profitability soon", said Vijay Shekhar Sharma, founder and chief executive officer of the fintech, on Thursday. "The past six months have taught us many lessons, giving us the opportunity to thoroughly examine our business processes, compliance, and the way we operate from the inside out.

Inflation soars to 14-month high of 6.2% in Oct

Inflation soars to 14-month high of 6.2% in Oct

Rediff.com12 Nov 2024

Retail inflation breached the Reserve Bank's upper tolerance level, soaring to a 14-month high of 6.21 per cent in October mainly on account of rising food prices. Inflation based on the consumer price index (CPI) was 5.49 per cent in September and 4.87 per cent in the year-ago month. Retail inflation trended below the RBI's upper tolerance band of 6 per cent since September last year.

Bumper kharif production to lower food inflation in coming months: FinMin

Bumper kharif production to lower food inflation in coming months: FinMin

Rediff.com26 Nov 2024

Prospects of a bumper kharif harvest are expected to lower food inflation in the coming months, making the country's inflation outlook benign, the Union Ministry of Finance (FinMin) said in its monthly economic report for October released on Monday.

ITC Hotels' demerger to mirror Reliance Industries-Jio Financial playbook

ITC Hotels' demerger to mirror Reliance Industries-Jio Financial playbook

Rediff.com2 Jan 2025

ITC's move to hive off its hotel business will have implications for passive funds and exchange traded funds (ETFs) similar to that seen during the Reliance Industries-Jio Financial demerger. As ITC is part of popular indices such as Nifty and Sensex, it is held by several index funds and ETFs.

Cook picks Root's closest rival: Not Kohli or Smith

Cook picks Root's closest rival: Not Kohli or Smith

Rediff.com22 Oct 2024

Former England captain Alastair Cook believes at the "precise moment in time" the in-form Joe Root is only matched by New Zealand's Kane Williamson.

Global firms form 'good rice alliance' for Indian farmers

Global firms form 'good rice alliance' for Indian farmers

Rediff.com21 Oct 2024

Four big global companies - Bayer, GenZero (a wholly-owned arm of financial major Temasek), Shell and Mitsubishi - have decided to scale up their carbon credit programme in nine states to empower farmers. The credits are generated through the adoption of smart agriculture practices - Alternate Wetting and Drying (AWD) and Direct Seeded Rice (DSR). Since over a year, the project, which was being run on a pilot basis, has positively impacted 10,000 farmers, covering more than 25,000 hectares.

Spicejet plans to raise over Rs 3,200 cr via debt, equity

Spicejet plans to raise over Rs 3,200 cr via debt, equity

Rediff.com7 Sep 2024

Cash-strapped domestic carrier Spicejet plans to raise Rs 3,200 crore through QIP, warrants and capital infusion by the promoter, the airline said in a presentation on Friday. The funds will be utilised in taking back the grounded fleet in operations, liability settlement, new fleet induction and other general purposes, Spicejet in the presentations. "Spicejet plan to raise Rs 2,500 crore through QIP and Rs 736 crore through Previous Warrants and promoter infusion, the airline said in an investor presentation," it said in a corporate presentation to investors ahead of its proposed capital infusion.

Protests Erupt Over Udaipur Killing

Protests Erupt Over Udaipur Killing

Rediff.com30 Jun 2022

Kanhaiya Lal's gruesome murder leads to protests in many towns and cities.

Hero Moto says sales may rebound in 'big way'

Hero Moto says sales may rebound in 'big way'

Rediff.com16 Jan 2025

Hero MotoCorp anticipates a big rebound in two-wheeler (2W) sales in rural India over the next four to eight quarters, driven by favourable factors such as a decent monsoon, rising crop prices, improved employment conditions, and increasing consumer confidence, its chief executive officer (CEO) Niranjan Gupta said on Wednesday. Amid tepid rural sales, he stated that there is a "strong case" for GST (goods and services tax) on entry-level two-wheelers, which are under 125 CC, to be moved down from 28 per cent to 18 per cent as they are used by "masses".

Airtel may see highest revenue growth, user addition in Q3

Airtel may see highest revenue growth, user addition in Q3

Rediff.com16 Jan 2025

Bharti Airtel is expected to see its highest revenue growth, and subscriber addition during the third quarter (October-December) of FY25 among telcos, said analysts. The telco's top line in Q3 may see the fastest sequential growth at 5 per cent compared to 3 per cent for Reliance Jio and Vodafone Idea (Vi). Airtel's annual mobile revenue growth would rise to 16 per cent, IIFL Capital said in an analyst note.

World Cup Final PIX: Surya Kirans' grand display lights up Motera

World Cup Final PIX: Surya Kirans' grand display lights up Motera

Rediff.com19 Nov 2023

Prior to the start of the World Cup final, Indian Air Force's aerobatic team Surya Kirans put up a grand show at the Narendra Modi Stadium.

India-Pakistan Game: This Is What Fans Do!

India-Pakistan Game: This Is What Fans Do!

Rediff.com12 Oct 2023

Ahead of Saturday's India-Pakistan World Cup 2023 game at Ahmedabad's Narendra Modi stadium, cricket fans in the city show their support by painting their bodies in the colours of the national flags of both nations.

Knew my strengths, believed in myself: Shreyas Iyer

Knew my strengths, believed in myself: Shreyas Iyer

Rediff.com18 Mar 2025

Shreyas Iyer has overcome perceptions about his batting abilities and a difficult period in his career to establish himself as a key player in India's ODI team.