News for 'Ares Management'

Salah hits the jackpot with Trabzonspor move

Salah hits the jackpot with Trabzonspor move

Rediff.com6 Aug 2026

Egyptian football star Mohamed Salah has officially signed a two-year deal with Turkish club Trabzonspor, reportedly worth 17 million euros per season. The move follows his departure from Liverpool after nine successful years, during which he won multiple titles. Salah's transfer includes a share from merchandise sales and performance-based bonuses, marking a new chapter in his illustrious career.

AI And E-Commerce To Drive India's Consumer Economy To $1.9 Trillion By 2030

AI And E-Commerce To Drive India's Consumer Economy To $1.9 Trillion By 2030

Rediff.com4 Aug 2026

A joint report by Deloitte India and FICCI projects India's consumer economy to reach USD 1.9 trillion by 2030. This growth will be fuelled by rapid AI adoption, evolving consumer preferences, and new commerce models like e-commerce and quick commerce. India leads in AI adoption among top countries, with businesses leveraging it for engagement, innovation, and forecasting. The report also highlights the emergence of a new Indian consumer seeking convenience and transparency, and identifies key trends shaping FMCG, retail, and e-commerce sectors.

Pradhan's resignation only beginning: Congress

Pradhan's resignation only beginning: Congress

Rediff.com30 Jul 2026

The Congress party has called for the resignation of Education Minister Dharmendra Pradhan, stating that the 'rot' in India's education system is profound. Party general secretary Jairam Ramesh highlighted alleged scams in Maharashtra's engineering admissions and discrepancies between entrance exam and board results, urging deep introspection beyond mere legislative fixes for paper leaks.

IPL to Tests: Stokes defends Archer's workload management

IPL to Tests: Stokes defends Archer's workload management

Rediff.com3 Jun 2026

Ben Stokes defended England's decision to rest Jofra Archer for the opening Test against New Zealand at Lord's after the fast bowler's Indian Premier League stint, with the captain warning that mishandling such situations could drive players away from international cricket.

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Rediff.com12 Aug 2026

Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.

From borrowed rifle to Asian Games: Vidarsa K Vinod's journey of sacrifice and resilience

From borrowed rifle to Asian Games: Vidarsa K Vinod's journey of sacrifice and resilience

Rediff.com10 Aug 2026

Vidarsa K Vinod, a 27-year-old shooter from Kerala, has secured a spot in India's Asian Games squad for the 10m Air Rifle and 50m Rifle 3 Positions events, overcoming significant financial hurdles and training setbacks through resilience and family support.

Bumrah Setback Puts BCCI's Centre of Excellence Under Scanner

Bumrah Setback Puts BCCI's Centre of Excellence Under Scanner

Rediff.com3 Aug 2026

A significant communication breakdown between the Centre of Excellence's (CoE) sports science team and the senior national men's selection committee has been exposed by Jasprit Bumrah's unexpected absence from the Test series against Sri Lanka, alongside other player injury concerns.

CJP founder Abhijeet Dipke seeks cop's removal after confrontation

CJP founder Abhijeet Dipke seeks cop's removal after confrontation

Rediff.com8 Aug 2026

Cockroach Janta Party convenor Abhijeet Dipke confronted a police sub-inspector assigned to his security detail in Chhatrapati Sambhajinagar, accusing him of being rude and restricting visitors. Dipke, who has security due to threats, also alleged that state CID personnel were monitoring his residence and reporting via a social media group.

Tata power struggle deepens as Chandra, other Ratan Tata allies step away

Tata power struggle deepens as Chandra, other Ratan Tata allies step away

Rediff.com12 Aug 2026

N Chandrasekaran, chairman of Tata Sons, announced he would not seek reappointment when his term ends in February 2027, following a series of departures by senior figures closely associated with former chairman Ratan Tata, including Vijay Singh and Mehli Mistry, amid a deepening power struggle and governance dispute within the Tata Group.

CAQM Mandates Drone Surveillance To Tackle Stubble Burning In Northern States

CAQM Mandates Drone Surveillance To Tackle Stubble Burning In Northern States

Rediff.com30 Jul 2026

The Commission for Air Quality Management (CAQM) has directed Punjab, Haryana, Uttar Pradesh, and Rajasthan to implement drone-based surveillance to monitor and prevent stubble burning. This initiative aims to counter late-evening burning incidents that evade satellite detection, leveraging drone technology for real-time monitoring, accurate detection, and evidence collection to ensure effective enforcement against agricultural residue burning.

Milky Mist Dairy Food IPO to open on Aug 11, targets Rs 1,553 crore

Milky Mist Dairy Food IPO to open on Aug 11, targets Rs 1,553 crore

Rediff.com6 Aug 2026

Milky Mist Dairy Food Ltd has set the price band for its Rs 1,553 crore Initial Public Offering (IPO) at Rs 133-140 per share, with subscriptions opening on August 11 and closing on August 13.

HDFC Bank Board Imposes Rs 1 Lakh Penalty on MD, CFO in MSRDC Case

HDFC Bank Board Imposes Rs 1 Lakh Penalty on MD, CFO in MSRDC Case

Rediff.com27 Jul 2026

HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.

Chandrasekaran latest among Ratan Tata allies to step down

Chandrasekaran latest among Ratan Tata allies to step down

Rediff.com12 Aug 2026

N Chandrasekaran's decision not to seek reappointment when his term as chairman of Tata Sons ends in February 2027 signals a significant shift in leadership amidst an ongoing power struggle and governance disputes within the Tata Group.

Indian Shuttler Ashmita Chaliha Storms Into Korea Masters Final

Indian Shuttler Ashmita Chaliha Storms Into Korea Masters Final

Rediff.com8 Aug 2026

Indian shuttler Ashmita Chaliha has advanced to her maiden BWF World Tour singles final at the Korea Masters Super 300, defeating compatriot Rakshitha Ramraj. Chaliha, returning from injury, will now face China's Han Qianxi for the title, marking a significant achievement for Indian badminton.

Sridhar Vembu On Why AI Is Not Creating New IT Jobs

Sridhar Vembu On Why AI Is Not Creating New IT Jobs

Rediff.com2 Aug 2026

Sridhar Vembu, Zoho Corporation Founder, states that the IT industry is not generating new jobs due to funds being redirected towards the escalating costs of AI and data centre infrastructure. He highlights a structural economic challenge where advanced technology, while making goods affordable, creates income distribution issues and suggests that solutions like Universal Basic Income might gain traction, especially in countries like India.

Why Bishnoi Gang Claimed Attack On Dosanjh's Manager

Why Bishnoi Gang Claimed Attack On Dosanjh's Manager

Rediff.com13 May 2026

A social media post allegedly linked to the Lawrence Bishnoi gang has claimed responsibility for a firing incident outside the residence of Punjabi actor-singer Diljit Dosanjh's manager in Haryana's Karnal.

Chandipura virus outbreak: Centre rushes expert team to Gujarat, Rajasthan

Chandipura virus outbreak: Centre rushes expert team to Gujarat, Rajasthan

Rediff.com5 Aug 2026

The Union health ministry has deployed a National Joint Outbreak Response Team (NJORT) to Gujarat and Rajasthan to strengthen the response to the ongoing Chandipura Virus Disease (CHPV) outbreak.

Gen Z Protests: What Government Needs To Fix

Gen Z Protests: What Government Needs To Fix

Rediff.com7 Aug 2026

The challenge thrown by the youth movement creates the opportunity for a more consequential debate on India's economic trajectory because it must remain centered on India's youth as its driving impulse, asserts former foreign secretary Shyam Saran.

'I gave my 200 per cent': Rahane on retirement

'I gave my 200 per cent': Rahane on retirement

Rediff.com7 Aug 2026

Former Indian cricketer Ajinkya Rahane has expressed profound satisfaction with his decision to retire from international cricket, stating he has 'no regrets at all' after giving his '200 per cent' on the field. Rahane also revealed his openness to venturing into coaching or mentorship roles in the future, aiming to share his extensive experience globally.

Friendship Day: When Colleagues Become Family

Friendship Day: When Colleagues Become Family

Rediff.com2 Aug 2026

Divya Nair remembers the work friendships that proved some of life's strongest bonds are built beyond the cubicle.

How Tata Steel Tackled Challenges Under Chandra

How Tata Steel Tackled Challenges Under Chandra

Rediff.com13 Aug 2026

Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.

RBI likely to hold rates in August, maintain hawkish tone as inflation risks persist

RBI likely to hold rates in August, maintain hawkish tone as inflation risks persist

Rediff.com2 Aug 2026

The Reserve Bank of India (RBI) is widely expected to keep its benchmark repo rate unchanged in the August monetary policy review, with economists citing elevated inflation risks and the pending closure of the FCNR(B) deposit scheme as key factors. Most anticipate a 'Neutral' policy stance but with a hawkish tone due to geopolitical tensions, high crude oil prices, and an uneven monsoon.

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Rediff.com3 Aug 2026

Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.

Sensex-Nifty closing divergence shrinks, but market worries persist over CAS rollout

Sensex-Nifty closing divergence shrinks, but market worries persist over CAS rollout

Rediff.com6 Aug 2026

The divergence between the Sensex and Nifty closing values narrowed on the third day of the Closing Auction Session (CAS) rollout, but market participants, including Zerodha's Nithin Kamath, highlight structural issues and the unfortunate timing of its introduction alongside new RBI norms.

Rashmika Mandanna On Her Injury: 'It Hurts But...'

Rashmika Mandanna On Her Injury: 'It Hurts But...'

Rediff.com4 Aug 2026

Rashmika Mandanna sustained a severe hip injury during a strenuous dance shoot for her film Mysaa.

'A Student's Life Can't Be Held Hostage To A 3-Hour Performance'

'A Student's Life Can't Be Held Hostage To A 3-Hour Performance'

Rediff.com10 Aug 2026

Education sector experts agree that using the "best technology" was essential to ensure students did not have to sit for an examination all over again because of a question paper leak.

AIFF President Appeals To Tata Group Over Jamshedpur FC's ISL Exit

AIFF President Appeals To Tata Group Over Jamshedpur FC's ISL Exit

Rediff.com6 Aug 2026

All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.

Gujarat on high alert as extremely heavy rainfall likely in 2 days

Gujarat on high alert as extremely heavy rainfall likely in 2 days

Rediff.com30 Jul 2026

The administration has been put on high alert following the India meteorological department's (IMD) forecast of extremely heavy rainfall across several districts of Gujarat in the next two days.

Deal or total surrender: Trump warns Iran as Tehran denies talks

Deal or total surrender: Trump warns Iran as Tehran denies talks

Rediff.com4 Aug 2026

Former US President Donald Trump has issued a stern warning to Iran, stating that "nothing will get through" unless a deal or "total surrender" is achieved, amid escalating tensions and conflicting reports on direct negotiations.

Smallcap fund liquidity stress lowest since Feb 2024

Smallcap fund liquidity stress lowest since Feb 2024

Rediff.com28 Jul 2026

Liquidity stress in smallcap funds has fallen to its lowest level since February 2024, with the average time to liquidate 50% of portfolios dropping to 27 days in June from a peak of 44.2 days in January 2026, driven by a sharp recovery in smallcap stocks and increased trading volumes.

Karnataka activists tear up Vijay's Jana Nayagan posters over Cauvery order

Karnataka activists tear up Vijay's Jana Nayagan posters over Cauvery order

Rediff.com30 Jul 2026

Kannada activists in Mandya and Mysuru have intensified protests against the Cauvery Water Regulation Committee's directive for Karnataka to release 3,500 cusecs of Cauvery water daily to Tamil Nadu. Protesters cite severe drinking water scarcity and have engaged in actions like disrupting film screenings and blocking highways. Karnataka Chief Minister D K Shivakumar has stated the state will appeal the CWRC's order.

Assam Floods: Teen Saved His Puppy But Lost His Life

Assam Floods: Teen Saved His Puppy But Lost His Life

Rediff.com3 Aug 2026

The family had regarded the puppy as another member of the household, but never imagined the boy would risk his own life to save it.

AIFF President Appeals To Tata Group Over Jamshedpur FC's ISL Exit

AIFF President Appeals To Tata Group Over Jamshedpur FC's ISL Exit

Rediff.com6 Aug 2026

All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.

Haryana CM Discusses AI, Digital Governance With World Bank

Haryana CM Discusses AI, Digital Governance With World Bank

Rediff.com5 Aug 2026

Haryana Chief Minister Nayab Singh Saini met with a World Bank delegation to discuss advancing Artificial Intelligence, digital governance, and skill development in the state. The discussions focused on leveraging technology to enhance citizen services, with plans to showcase Haryana's AI Sandbox globally and develop a dedicated AI model for the state.

Delhi Man Arrested After Maiming Event Manager In Robbery

Delhi Man Arrested After Maiming Event Manager In Robbery

Rediff.com18 May 2026

A 70-year-old man accused of a brutal robbery and extortion attempt in Delhi's Dwarka, during which he allegedly chopped off both thumbs of an event manager, has been arrested after evading capture for nearly six years.

Why Vijay's Jana Nayagan Has Hit A Roadblock In Chennai

Why Vijay's Jana Nayagan Has Hit A Roadblock In Chennai

Rediff.com27 Jul 2026

The disruptions occurred after theatre management and police officials discovered parents bringing minor children into auditoriums to watch the strictly 'A' (Adults Only) certified film.

15 dead as rains pound Kerala, 7 missing

15 dead as rains pound Kerala, 7 missing

Rediff.com3 Aug 2026

Kerala Chief Minister V D Satheesan announced that the death toll from rain-related incidents has reached 15, with seven people still missing. He confirmed that the overall situation is under control, except for a few areas in Pathanamthitta, as the state intensifies rescue and relief operations. The CM detailed the deployment of rescue teams, functioning relief camps, and immediate compensation measures for victims and affected families, while also cautioning against rumours regarding dam water release.

AI could erode India's outsourcing advantage, warns WB report

AI could erode India's outsourcing advantage, warns WB report

Rediff.com5 Aug 2026

Generative artificial intelligence (AI) is beginning to alter hiring patterns in South Asia, with multinational companies (MNCs) and firms integrated into global value chains (GVCs) reducing recruitment more sharply than domestic firms, signalling the technology's early impact on the region's export-oriented services sector, according to the World Bank's World Development Report 2026.

Premature life policy exits surpass maturity payouts

Premature life policy exits surpass maturity payouts

Rediff.com4 Aug 2026

Premature surrender and withdrawal of life insurance policies in India have surpassed maturity payouts over the past five years, indicating a growing trend of policyholders exiting long-term policies before their full tenure, according to data presented in the Lok Sabha.

The Outsider Who Went On To Helm Tata Sons

The Outsider Who Went On To Helm Tata Sons

Rediff.com12 Aug 2026

Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.