News for 'Asset'

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Rediff.com20 May 2026

The Competition Commission of India (CCI) has approved the acquisition of a stake in AI acceleration cloud provider Neysa Networks by Blackstone-backed private equity funds and other investors, following Neysa's announcement of a USD 1.2 billion capital raise.

Gold drops to Rs 1.64 lakh/10g as Iran talks temper market anxiety

Gold drops to Rs 1.64 lakh/10g as Iran talks temper market anxiety

Rediff.com22 May 2026

Gold prices in the national capital fell by Rs 600 to Rs 1.64 lakh per 10 grams, influenced by tentative progress in US-Iran negotiations, which reduced demand for precious metals. However, unresolved tensions surrounding the Strait of Hormuz continue to keep traders cautious.

FIFA World Cup: Can 'liberated' Messi lead Argentina to an encore?

FIFA World Cup: Can 'liberated' Messi lead Argentina to an encore?

Rediff.com2 Jun 2026

Inspirational Lionel Messi would like to end his glittering career on a high as Argentina begin their World Cup defence on June 17 against Algeria in their Group J encounter.

23 Arrested In Bengaluru For Illegal IPL Betting

23 Arrested In Bengaluru For Illegal IPL Betting

Rediff.com27 May 2026

Bengaluru police have arrested 23 people in connection with illegal betting during the IPL T20 cricket tournament, seizing cash, mobile phones, and betting chips worth over Rs 13 crore.

The Bihar I Have Begun To Believe In

The Bihar I Have Begun To Believe In

Rediff.com3 Jun 2026

Bihar's greatest resource is not beneath its soil but above it -- its people. With a population approaching 140 million and one of India's youngest demographic profiles, Bihar possesses an asset many societies would envy, explains Bihar Governor Lieutenant General Syed Ata Hasnain (retd).

India's Forex Reserves Jump by $6.29 Billion to $696.99 Billion

India's Forex Reserves Jump by $6.29 Billion to $696.99 Billion

Rediff.com15 May 2026

India's foreign exchange reserves saw a significant increase of USD 6.295 billion, reaching USD 696.988 billion for the week ending May 8, as reported by the Reserve Bank of India.

Tripura Chit Fund Executives Sentenced In Swindling Case

Tripura Chit Fund Executives Sentenced In Swindling Case

Rediff.com30 May 2026

A special CBI court in Tripura sentenced three executives of a chit fund company to six years of rigorous imprisonment each for swindling Rs 5.5 crore from over 800 depositors.

US moves planes with ammo to Israel, readies for Iran strike

US moves planes with ammo to Israel, readies for Iran strike

Rediff.com18 May 2026

Dozens of US planes carrying ammunition landed in Tel Aviv, raising concerns about potential strikes on Iran. Negotiations between the US and Iran remain deadlocked over key issues, with both sides issuing fresh demands and warnings.

Enforcement Directorate Attaches Assets in Andhra Pradesh Liquor Scam Case

Enforcement Directorate Attaches Assets in Andhra Pradesh Liquor Scam Case

Rediff.com6 Mar 2026

The Enforcement Directorate has attached assets worth over 441 crore in connection with the Andhra Pradesh liquor scam, which allegedly occurred during the previous YSRCP government's tenure.

The Rediff Podcast: Andrew Holland: 'I'd Bet 80% Of My Money On India'

The Rediff Podcast: Andrew Holland: 'I'd Bet 80% Of My Money On India'

Rediff.com13 May 2026

Market maven Andrew Holland on why India missed the AI wave, why FIIs are leaving, why he personally invests in cryptocurrencies and why he's still betting big on the country.

Congress Alleges BJP Leader Concealed Assets in Kerala Election Affidavit

Congress Alleges BJP Leader Concealed Assets in Kerala Election Affidavit

Rediff.com24 Mar 2026

A political controversy has erupted in Kerala ahead of the Assembly elections, with the Congress party accusing BJP leader Rajeev Chandrasekhar of concealing details of a high-value property in his election affidavit. Chandrasekhar has denied the allegations, challenging the Congress to prove their claims in court.

'Clock is ticking': Trump warns Iran to move FAST or...

'Clock is ticking': Trump warns Iran to move FAST or...

Rediff.com18 May 2026

Donald Trump issued a fresh warning to Iran as negotiations remained deadlocked over uranium stockpiles, sanctions relief and war compensation. The US President's sharp remarks came just hours after Iranian media revealed Washington's core conditions for resuming negotiations.

IPL Betting Racket Busted In Indore; Eight Arrested

IPL Betting Racket Busted In Indore; Eight Arrested

Rediff.com27 May 2026

Indore police busted a gang allegedly involved in online betting on Indian Premier League (IPL) matches, arresting eight individuals, including an IT professional and a bank official.

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.

Police Freeze Assets in Cough Syrup Trafficking Case

Police Freeze Assets in Cough Syrup Trafficking Case

Rediff.com26 Feb 2026

Kanpur police have frozen assets worth Rs 9.5 crore, including properties, vehicles, and bank accounts, as part of an investigation into an interstate racket involved in trafficking codeine-based cough syrups.

Eight Arrested In Akasa Air Gold Theft Case

Eight Arrested In Akasa Air Gold Theft Case

Rediff.com22 May 2026

Ahmedabad police have arrested eight individuals involved in a pre-planned scheme to steal 2.1 kilograms of gold jewellery worth Rs 2.58 crore from an Akasa Air cargo shipment at Ahmedabad airport.

Russia shared intelligence with Iran on US assets: Report

Russia shared intelligence with Iran on US assets: Report

Rediff.com7 Mar 2026

Russia has shared intelligence with Iran that could help Tehran target American warships, aircraft and other military assets in the region, according to United States intelligence assessments cited by media reports, marking the first indication of Moscow's possible involvement in the ongoing conflict. Officials familiar with US intelligence findings said a significant portion of the shared information reportedly includes imagery from Russia's network of surveillance satellites.

Captain Shahidi Shoulders Afghanistan's Test Hopes Against India

Captain Shahidi Shoulders Afghanistan's Test Hopes Against India

Rediff.com3 Jun 2026

Captain Hashmatullah Shahidi is the batting fulcrum around whom Afghanistan's Test ambitions revolve.

LIC emerges as highest profit-making financial company in Jan-Mar quarter

LIC emerges as highest profit-making financial company in Jan-Mar quarter

Rediff.com24 May 2026

State-owned Life Insurance Corporation of India (LIC) has reported a net profit of over Rs 23,400 crore for the January-March quarter, making it the highest profit-making firm in the Indian financial sector during this period, surpassing major banks like SBI and HDFC Bank.

Supreme Court to hear Rs 500 cr UAE money decree case in July after mediation fails

Supreme Court to hear Rs 500 cr UAE money decree case in July after mediation fails

Rediff.com25 May 2026

The Supreme Court has scheduled a July hearing for the Rs 500 crore money decree case involving Ras Al Khaimah Investment Authority (RAKIA) and industrialist Nimmagadda Prasad, following the failure of a mediation process led by former Chief Justice of India U U Lalit.

Cash In Circulation Hits Record Rs 42.86 Trillion

Cash In Circulation Hits Record Rs 42.86 Trillion

Rediff.com22 May 2026

Cash remains dominant for many transactions despite continued expansion in digital payments across the country.

SBI's Q4 Profit Jumps 6% to Rs 19,684 Crore as Bad Loans Decline

SBI's Q4 Profit Jumps 6% to Rs 19,684 Crore as Bad Loans Decline

Rediff.com8 May 2026

State Bank of India (SBI) reported a 6 per cent increase in standalone net profit to Rs 19,684 crore for the fourth quarter ended March 2026, driven by a significant decline in bad loans.

'Where's The Letter Which Says 20 MPs Are Leaving TMC?'

'Where's The Letter Which Says 20 MPs Are Leaving TMC?'

Rediff.com10 Jun 2026

'Now if you break the party under the 10th Schedule you have to join another party.' 'You cannot join the NDA as it is not a party. You can only join another party, and that is the BJP.' 'So the question to ask is that these so-called 20 TMC Lok Sabha MPs who are parting ways with the TMC, are they ready to join the BJP and accept Narendra Modi as their leader?'

Great Nicobar project is not about defence but real estate: Rahul

Great Nicobar project is not about defence but real estate: Rahul

Rediff.com5 Jun 2026

Congress leader Rahul Gandhi on Friday said the government's argument that the Great Nicobar Island Project is about defence and a trans-shipment port is a "lie", and alleged that it is actually about benefiting one businessman so that he can build hotels and casinos on India's most irreplaceable ecological land.

ED Returns 63,000 Crore To Victims Of Financial Crimes

ED Returns 63,000 Crore To Victims Of Financial Crimes

Rediff.com12 May 2026

The Enforcement Directorate has reported a staggering 170 per cent surge in asset attachments, reaching 81,422 crore in the last financial year (FY26), underscoring its intensified efforts against financial crimes and its significant role in restituting funds to victims.

Equity MF Inflows Stay Strong in April Despite Softer SIP Numbers

Equity MF Inflows Stay Strong in April Despite Softer SIP Numbers

Rediff.com19 May 2026

Net investments into equity mutual fund schemes in India remained elevated at approximately 38,440 crore in April, despite a slight dip from March's high and a 3% month-on-month decline in Systematic Investment Plan (SIP) inflows.

Mumbai Airport: Gold Worth 3.15 Crore Seized From Passengers

Mumbai Airport: Gold Worth 3.15 Crore Seized From Passengers

Rediff.com11 May 2026

The Customs department seized gold worth Rs 3.15 crore from two passengers at Mumbai airport, including a finance professional smuggling gold due to US-Iran conflict concerns.

MSME Credit Growth Slows, Micro Borrowers Show Early Stress: Report

MSME Credit Growth Slows, Micro Borrowers Show Early Stress: Report

Rediff.com3 Jun 2026

Loans to micro, small and medium enterprises (MSMEs) in India saw moderated growth in April 2026, with early signs of stress emerging among micro borrowers and manufacturers, according to a report by credit bureau CRIF High Mark. The slowdown is attributed to potential impacts of global uncertainty.

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

Rediff.com5 Jun 2026

Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.

West Asia Conflict to Impact Indian Cement Firms' Profitability from Q1FY27

West Asia Conflict to Impact Indian Cement Firms' Profitability from Q1FY27

Rediff.com27 May 2026

Indian cement manufacturers, despite a stable Q4FY26, are bracing for significant profitability pressures from Q1FY27 onwards due to escalating input costs, primarily driven by the West Asia conflict's impact on coal and petcoke prices.

Jammu Authorities Demolish Drug Peddler's Properties

Jammu Authorities Demolish Drug Peddler's Properties

Rediff.com23 May 2026

Authorities in Jammu demolished properties worth approximately Rs 4 crore belonging to an alleged drug peddler as part of an intensified crackdown on narcotics.

AI deals rising, but IT sector earnings lag

AI deals rising, but IT sector earnings lag

Rediff.com26 May 2026

Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.

ISI asks J-K OGWs to infiltrate national parties to evade crackdown

ISI asks J-K OGWs to infiltrate national parties to evade crackdown

Rediff.com31 May 2026

Pakistan's ISI is reportedly pushing its network of Over Ground Workers (OGWs) in Jammu and Kashmir to infiltrate mainstream national political parties to evade security crackdowns and investigations. The ISI is also attempting to revive dormant, locally-founded terror outfits to give an 'indigenous colour' to terrorist violence and mask Pakistan's direct involvement.

Srinagar Police Seize Properties Of Alleged Drug Traffickers

Srinagar Police Seize Properties Of Alleged Drug Traffickers

Rediff.com23 May 2026

Police in Srinagar have seized multiple properties worth approximately Rs 5 crore belonging to individuals allegedly involved in drug trafficking and related unlawful activities as part of the 'Nasha Mukt J-K Abhiyan'.

IN-SPACe's PSLV EoI Triggers Debate in Indian Space Industry

IN-SPACe's PSLV EoI Triggers Debate in Indian Space Industry

Rediff.com25 May 2026

India's move to privatise PSLV rocket production through IN-SPACe has triggered debate over national security, ageing technology and the agency's role.

How Modi's Austerity Appeal Can Work

How Modi's Austerity Appeal Can Work

Rediff.com28 May 2026

Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.

How Delhi Police Busted Illegal Forex Trading Call Centre

How Delhi Police Busted Illegal Forex Trading Call Centre

Rediff.com22 May 2026

Delhi Police busted an illegal forex trading call centre in Indore, arresting six individuals involved in defrauding victims nationwide through fake online investment schemes. The syndicate allegedly used a fake trading platform to lure people into investing in forex and online trading products, showing fabricated profits and gains.

Mamata Banerjee Vows To Protest Despite Police Obstruction

Mamata Banerjee Vows To Protest Despite Police Obstruction

Rediff.com1 Jun 2026

West Bengal Chief Minister Mamata Banerjee has declared that the TMC will proceed with its planned sit-in protest against alleged attacks on party leaders and workers, as well as the Railways' hawker eviction drive, despite the police denying permission for the event.

Why Gold Loan Boom Needs Caution

Why Gold Loan Boom Needs Caution

Rediff.com11 May 2026

Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.

French Open favours Sinner: Is the Italian set for history?

French Open favours Sinner: Is the Italian set for history?

Rediff.com20 May 2026

World number one Jannik Sinner has the opportunity to complete his Grand Slam collection at the French Open, especially with Carlos Alcaraz's withdrawal altering the tournament dynamics. Sinner's improved clay court game and consistent performance make him a strong contender for the title.