News for 'Ares Management'

L&T Forays Into AI Factory Business With NVIDIA B300-Based Facility

L&T Forays Into AI Factory Business With NVIDIA B300-Based Facility

Rediff.com13 Aug 2026

Infrastructure major Larsen & Toubro (L&T) has secured a mega order, valued between Rs 10,000 and Rs 15,000 crore, to construct India's largest single-cluster artificial intelligence (AI) infrastructure facility. This strategic move marks L&T's entry into the AI Factory business, aiming to establish an NVIDIA B300-based AI Factory in Chennai to power the AI-native cloud platform of US-based Together AI, thereby strengthening India's AI ecosystem and supporting global innovation.

Bethlehem Kudumba Unit Review: Delightful Romcom

Bethlehem Kudumba Unit Review: Delightful Romcom

Rediff.com3 days ago

Bethlehem Kudumba Unit offers a delightful and charming cinematic experience, blending trademark humour with a sweet, unconventional love story, gushes Sreeju Sudhakaran.

How Bengaluru Will Use AI To Manage Water Better

How Bengaluru Will Use AI To Manage Water Better

Rediff.com1 Jun 2026

The Bangalore Water Supply and Sewerage Board (BWSSB) is set to explore the use of AI, predictive analytics, and robotic inspection technologies to detect water theft, reduce leakages, and improve operational efficiency across Bengaluru's water distribution network.

Amit Bhatia-Jeff Bezos set to buy stake in Liverpool FC

Amit Bhatia-Jeff Bezos set to buy stake in Liverpool FC

Rediff.com10 Aug 2026

The consortium is being led by Amit Bhatia, the son-in-law of steel magnate Lakshmi Mittal and a former shareholder in English second-tier club Queens Park Rangers.

'Election Commission Is Excited It Is Eliminating People By The Millions'

'Election Commission Is Excited It Is Eliminating People By The Millions'

Rediff.com3 days ago

'The incumbent matters. It matters a lot. If a person sitting on top is good, then he can achieve a lot. And if he is bad, you see what can happen.'

Luxury Cars Get Costlier, Used Demand Surges

Luxury Cars Get Costlier, Used Demand Surges

Rediff.com5 days ago

Repeated increases in new luxury-car prices, driven partly by the rupee's depreciation against the euro, are expanding the market for certified pre-owned vehicles.

FPIs inject Rs 16,621 crore into Indian equities in early August

FPIs inject Rs 16,621 crore into Indian equities in early August

Rediff.com16 Aug 2026

Foreign Portfolio Investors (FPIs) have injected Rs 16,621 crore into Indian equities during the first half of August, continuing a buying spree driven by improving relative valuations, resilient corporate earnings, and expectations of softer US interest rates.

ISS Antenna Replacement Delayed After Spacewalk Challenges

ISS Antenna Replacement Delayed After Spacewalk Challenges

Rediff.com6 days ago

Astronauts Anil Menon and Sophie Adenot encountered unexpected delays during a spacewalk to replace a critical space-to-ground antenna on the International Space Station. Despite successfully removing the failed antenna, they ran out of time to install the replacement, rescheduling the task for a future spacewalk. Menon, of Indian origin, and Adenot, the first French woman to spacewalk, faced challenges with tight connectors and bolting during the six-hour mission.

Nine years away, Hull City return to EPL with a bang by stunning Manchester United

Nine years away, Hull City return to EPL with a bang by stunning Manchester United

Rediff.com2 days ago

Hull City marked their Premier League return after nine years with a deserved 2-0 victory over Manchester United, exposing flaws in Michael Carrick's promising side.

Jharkhand govt's move to cancel 44 recruitment exams sparks fresh protests

Jharkhand govt's move to cancel 44 recruitment exams sparks fresh protests

Rediff.com6 days ago

The Jharkhand government has cancelled 44 recruitment examinations conducted by the state Public Service Commission (JPSC) and an outsourced agency since 2014, including the JSSC Combined Graduate Level (CGL) examination, following a 25-day student agitation over alleged irregularities. This decision has led to protests from around 2,000 candidates who had already been appointed to various state government departments after clearing the JSSC-CGL exam.

Former Australia batter David Warner convicted, fined for drink-driving

Former Australia batter David Warner convicted, fined for drink-driving

Rediff.com7 days ago

Former Australian cricketer David Warner has been convicted and fined A$1,500 for drink-driving in Sydney.

How Bangladesh's pacers shocked No 1 Australia

How Bangladesh's pacers shocked No 1 Australia

Rediff.com16 Aug 2026

Bangladesh achieved a historic nine-wicket victory over top-ranked Australia in the first Test in Darwin, marking their first Test win in Australia. Captain Najmul Hossain Shanto credited the team's focus on pace bowling for this significant upset, highlighting a shift in mindset among young fast bowlers. Hasan Mahmud was named Player of the Match for his nine wickets, including 6-55 in the first innings.

Bullet Gold Loans Lose Edge Under New RBI Rules

Bullet Gold Loans Lose Edge Under New RBI Rules

Rediff.com7 days ago

Under bullet repayment, the principal remains outstanding and unpaid interest raises the liability over time. This makes the LTV ratio more vulnerable to a sharp fall in gold prices.

Titli Maji Secures Silver For India At Asian Youth Weightlifting

Titli Maji Secures Silver For India At Asian Youth Weightlifting

Rediff.com7 Aug 2026

Titli Maji secured a silver medal for India in the women's 45kg category at the Asian Youth & Junior Weightlifting Championships in Tashkent, lifting a total of 145kg. Teammate Parishmita Gogoi finished fourth in the same event.

Snake bites 6 tribal girls at Gadchiroli school, 3 dead

Snake bites 6 tribal girls at Gadchiroli school, 3 dead

Rediff.com10 Aug 2026

Three tribal girls tragically died and three others were hospitalised after being bitten by a venomous snake at a residential school hostel in Gadchiroli, Maharashtra. The district administration has launched a detailed inquiry to investigate the incident, assess safety measures, and determine accountability.

How Indian Banks Can Drive A USD 30 Trillion Economy By 2047

How Indian Banks Can Drive A USD 30 Trillion Economy By 2047

Rediff.com12 Aug 2026

A new report by FICCI, BCG, and IBA outlines that India's banking sector must grow significantly faster than nominal GDP to support a USD 30 trillion economy by 2047, requiring banking assets of USD 45 trillion. The report highlights the sector's current strength, challenges in digitisation, and the need to enhance resilience against fraud and cyber threats, proposing a 13-point agenda for stakeholders.

Vijay's 'gift' leaves MLA singing his praises in assembly

Vijay's 'gift' leaves MLA singing his praises in assembly

Rediff.com5 days ago

Tamil Nadu Chief Minister C Joseph Vijay announced official vehicles and a monthly allowance for MLAs to address public grievances and monitor government projects in their constituencies. This initiative aims to reduce financial burden, improve transparency, and ensure grassroots service delivery.

UP banker shoots wife dead over 'betrayal'; kills sister, ends life

UP banker shoots wife dead over 'betrayal'; kills sister, ends life

Rediff.com4 days ago

A bank employee in Lucknow allegedly shot dead his wife and sister before taking his own life, reportedly due to marital discord. The incident involved shootings outside an ICICI Bank branch and at his home, with the accused posting a WhatsApp status alleging 'betrayal' by his wife.

Joe Root: 'I Feel Ready As Captain'

Joe Root: 'I Feel Ready As Captain'

Rediff.com6 days ago

'I do not believe there is one way of playing Test cricket. You have got to be adaptable and play the situation.' 'It is never the same throughout five days, there is different challenges and you have got to adjust to the ebbs and flows throughout.'

After Ashwin and Jadeja, Manav Suthar looks ready to lead India's new spin generation

After Ashwin and Jadeja, Manav Suthar looks ready to lead India's new spin generation

Rediff.com5 days ago

Manav Suthar's 10-wicket haul against Sri Lanka showcased his skill, meticulous preparation and growing maturity, marking him as India's potential next spin leader.

Man books 5-star hotel room, kills 2 daughters, attempts suicide

Man books 5-star hotel room, kills 2 daughters, attempts suicide

Rediff.com11 Aug 2026

A 40-year-old man allegedly strangled his two minor daughters, aged 5 and 10, inside a five-star hotel room in Bengaluru before attempting suicide. A note found at the scene cited a marital dispute and suspicion of his wife's infidelity as the motive.

How Long Can US Forces Fight Iran War?

How Long Can US Forces Fight Iran War?

Rediff.com15 Aug 2026

Torn between loyalty to their comrades and disillusionment towards the cause for which they are fighting, they are beginning to cave in. Morale has been the casualty, points out Vice Admiral Biswajit Dasgupta (retd).

How Haryana Is Using Drones For Smart Governance

How Haryana Is Using Drones For Smart Governance

Rediff.com3 Aug 2026

Haryana is institutionalising drone technology as a key governance tool, deploying AI-powered surveillance and high-resolution geospatial mapping. This initiative aims to detect illegal constructions, monitor mining activities, map civic infrastructure, and track pollution across the state. The Chief Secretary reviewed progress on various projects, including an AI-powered Change Detection Application and digital mapping of municipal assets, highlighting the state's commitment to evidence-based governance and improved public service delivery.

Why Investors Are Choosing Equity Savings Funds

Why Investors Are Choosing Equity Savings Funds

Rediff.com3 Jul 2026

The tax treatment of equity savings funds makes them appealing, especially to investors in higher income-tax brackets.

Mahindra Racing Faces Uphill Battle In Formula E Finale

Mahindra Racing Faces Uphill Battle In Formula E Finale

Rediff.com15 Aug 2026

Mahindra Racing's pursuit of a third-place finish in the Formula E Teams' championship was hampered after a challenging penultimate race in London. Despite Edoardo Mortara's impressive recovery from 18th to seventh, Nyck De Vries struggled, leaving Mahindra 13 points behind Andretti heading into the season finale. Poor qualifying performance due to tyre issues was cited as a key factor. The Drivers' Championship remains open for three contenders, while Jaguar TCS leads the Teams' standings.

Liverpool sign Barcelona's Ronald Araujo on season-long loan

Liverpool sign Barcelona's Ronald Araujo on season-long loan

Rediff.com11 Aug 2026

Liverpool have secured Uruguay defender Ronald Araujo from Spanish champions Barcelona on a season-long loan, with an option to buy for approximately 47 million, as the Premier League club seeks to reinforce its injury-plagued defence.

How Delhi's New Drone Policy Aims To Boost Employment And Innovation

How Delhi's New Drone Policy Aims To Boost Employment And Innovation

Rediff.com8 Aug 2026

The Delhi government is set to introduce a comprehensive drone policy aimed at creating over 1,000 jobs and regulating drone operations. The policy will focus on establishing research clusters, flight testing facilities, and providing subsidies, while also addressing drone usage for government purposes like traffic management and surveillance, considering the city's extensive 'no drone zones'.

Devotees hurt in rush at Ujjain's Mahakaleshwar temple complex

Devotees hurt in rush at Ujjain's Mahakaleshwar temple complex

Rediff.com7 days ago

Amid a massive rush for Nag Panchami at Ujjain's Nagchandreshwar Temple, reports of minor injuries circulated, prompting authorities to deny any stampede. Officials stated that darshan was proceeding smoothly, despite the large number of devotees and heavy crowds in the city.

RBI's Capital Inflow Measures Ease Long Bond Fears, But Fund Managers Remain Cautious

RBI's Capital Inflow Measures Ease Long Bond Fears, But Fund Managers Remain Cautious

Rediff.com16 Jun 2026

Despite the Reserve Bank of India's (RBI) and the government's recent initiatives to attract foreign capital, which are expected to alleviate pressure on long-duration bonds, most debt fund managers are maintaining a cautious stance, favouring shorter-duration papers due to global uncertainties and potential future rate hikes.

Delhi's Indira Gandhi Stadium Undergoes Major Renovation for Badminton World Championships

Delhi's Indira Gandhi Stadium Undergoes Major Renovation for Badminton World Championships

Rediff.com10 Aug 2026

Organisers of the upcoming BWF World Championships have undertaken extensive upgrades at the Indira Gandhi Stadium in Delhi, including anti-bird measures, non-toxic gels, and even 'monkey whisperers', to prevent a repeat of the hygiene and disruption issues experienced during the India Open earlier this year.

'I will find a way to vanish': CBI chargesheet reveals Twisha's final messages

'I will find a way to vanish': CBI chargesheet reveals Twisha's final messages

Rediff.com6 days ago

The CBI has filed a chargesheet against the husband and mother-in-law of former model and actor Twisha Sharma, accusing them of mental cruelty that led to her suicide. The chargesheet relies heavily on text messages sent by Sharma, detailing her suffocation and distress, and awaits crucial forensic reports from her iPhone and other digital evidence.

38 killed as 7.7 magnitude quake jolts Indonesia; tsunami alert issued

38 killed as 7.7 magnitude quake jolts Indonesia; tsunami alert issued

Rediff.com15 Aug 2026

At least 38 people were killed after a powerful 7.7-magnitude earthquake struck eastern Indonesia on Saturday, triggering a tsunami warning that was later lifted, CBS News reported.

Market Crash: 7 Costly Mistakes to Avoid

Market Crash: 7 Costly Mistakes to Avoid

Rediff.com13 Aug 2026

Understanding the most common mistakes during market downturns can help you protect your investments and stay focused on your long-term financial goals, says Ramalingam Kalirajan

Why Japan Is Expanding Defence Ties Beyond India

Why Japan Is Expanding Defence Ties Beyond India

Rediff.com6 days ago

Japan is deepening its defence relationship with India while simultaneously expanding its economic, infrastructure and security engagement with countries around India -- particularly Bangladesh. The result is an emerging Japanese conception of South Asia in which India remains the strategic anchor, but the geography surrounding India is becoming increasingly important, points out Varun Arya.

Indian Super League season delayed, AIFF clarifies financial allegations

Indian Super League season delayed, AIFF clarifies financial allegations

Rediff.com5 days ago

The Indian Super League (ISL) 2024-25 season has been postponed to after October 6 due to the FIFA international match window, and will proceed with 13 teams after Diamond Harbour FC failed to meet payment deadlines. Concurrently, the All India Football Federation (AIFF) has condemned "unverified claims" regarding its finances and the decision to withdraw from the FIFA ASEAN Cup, asserting that the prioritisation of a friendly match against Brazil was a strategic move for Indian football.

Delhi fire: Police hunt for hotel manager after owner blames him

Delhi fire: Police hunt for hotel manager after owner blames him

Rediff.com4 Jun 2026

Delhi Police are searching for hotel manager Jai Mishra following a devastating fire that killed 21 people in Malviya Nagar. Hotel owner Lavkesh Bajaj has been arrested and claims Mishra managed the hotel and held the licenses. Investigators are probing potential licensing violations, as the hotel allegedly operated 25 rooms with permission for only six.

'Chicken's Neck' link to northeast to get 4th railway line

'Chicken's Neck' link to northeast to get 4th railway line

Rediff.com13 Aug 2026

The Centre has approved a fourth railway line through the strategically important 'Chicken's Neck' corridor, a crucial link for Northeast India. This, along with other infrastructure projects like a double-line underground project and station redevelopment, aims to enhance connectivity, capacity, and passenger services in the region.

No blanket ban, bank account freeze must match proceeds of crime: HC

No blanket ban, bank account freeze must match proceeds of crime: HC

Rediff.com14 Aug 2026

The Allahabad High Court has ruled that investigating agencies cannot impose a blanket debit freeze on a person's bank account during cybercrime investigations. The court stated that restraint must be proportionate to the suspected proceeds of crime, directing banks to de-freeze accounts beyond the disputed amount. This ruling aims to protect innocent account holders from complete financial deprivation due to minor disputed transactions.

India's Top Developers Target Rs 1.8 Trillion in Presales by FY27 Amidst Market Resilience

India's Top Developers Target Rs 1.8 Trillion in Presales by FY27 Amidst Market Resilience

Rediff.com13 Aug 2026

India's top 11 listed real estate developers are projected to achieve combined presales of 1.82 trillion by FY27, a significant increase from 1.49 trillion in FY26, demonstrating sustained sales momentum despite market challenges.

Dubai fund transfers: Fresh ED claims against Vijayan's daughter in CMRL case

Dubai fund transfers: Fresh ED claims against Vijayan's daughter in CMRL case

Rediff.com5 days ago

The Enforcement Directorate has seized handwritten notes and digital evidence during searches related to former Kerala Chief Minister Pinarayi Vijayan's daughter, Veena T. The agency alleges these notes detail fund transfers to Dubai and amounts handled beyond her known income, linking her to a money laundering probe involving Cochin Minerals and Rutile Ltd (CMRL) and her defunct company, Exalogic Solutions. Political leaders have condemned the probe as a vendetta.