News for 'Bloomberg'

Work from home forever

Work from home forever

Rediff.com3 Jun 2020

'Employees may well be expected to be on call at almost all times -- much like the standard Indian approach to the workday,' points out Mihir S Sharma.

'No need to give special attention to COVID-19 anymore'

'No need to give special attention to COVID-19 anymore'

Rediff.com22 Aug 2022

'All actions for COVID-19 should be the same as for other routine health conditions.' 'There is no need to report the matter in the media all the time; not on front page please.'

Will India Repeat Same Covid Mistakes?

Will India Repeat Same Covid Mistakes?

Rediff.com12 Jan 2022

We are entering 2022, facing another infectious variant, with much the same baseless confidence, notes Mihir S Sharma.

Is India taking COVID-19 seriously?

Is India taking COVID-19 seriously?

Rediff.com25 Nov 2020

We have no standard processes in place to address the more serious public health hazard of our lifetime, observes Aakar Patel.

Chip shortage throws a spanner in JLR's plans

Chip shortage throws a spanner in JLR's plans

Rediff.com7 Jul 2021

Tata Motors has halved the volume outlook for its UK subsidiary Jaguar Land Rover Automotive (JLR) and warned of lower earnings as it sees the semiconductor shortage deepening in the September quarter of the current financial year, according to a notification issued by the company to the stock exchanges on Tuesday. The announcement caught investors unawares. They were hoping for a quicker recovery. Tata Motors' stock tanked 13 per cent (on July 6) from the day's high of Rs 358.10 and hit the lower circuit (Rs 311.45) in intra-day trades.

Electric vehicles set to get costlier as battery prices rise

Electric vehicles set to get costlier as battery prices rise

Rediff.com5 Jan 2022

The soaring prices of metals like lithium, nickel and cobalt, which are the primary constituents of the cell, as well as supply chain bottlenecks, are also pushing up the cost of batteries

In India, electric vehicles are set to get costlier from 2022

In India, electric vehicles are set to get costlier from 2022

Rediff.com27 Dec 2021

While traditional automakers in India are reeling under a global shortage of semiconductors, the country's electric vehicle (EV) makers, too, are now facing a shortage of lithium-ion batteries, a key raw material. The soaring prices of metals like lithium, nickel and cobalt, which are the primary constituents of the cell, as well as supply chain bottlenecks, are also pushing up the cost of batteries. Battery manufacturers say that prices have been increasing every quarter since the beginning of 2021.

Why experts fear that NSE 500 index has become overheated

Why experts fear that NSE 500 index has become overheated

Rediff.com5 Jul 2021

More than 90 per cent stocks in the NSE 500 universe are currently trading above their 200-day moving average (DMA). Experts say this is a sign that the market has become overheated and can lead to a correction or sideways movement for a long period. The 200-DMA is a key technical indicator used by traders to get a sense of market direction. A level, which is roughly a 40-week average, often acts as key support or resistance.

It's official, Amazon CEO Jeff Bezos is the world's 3rd richest man

It's official, Amazon CEO Jeff Bezos is the world's 3rd richest man

Rediff.com22 Jul 2016

Bezos' total net worth hit $65.05 billion

Renewable energy: Investments may cross $15 bn in 2022

Renewable energy: Investments may cross $15 bn in 2022

Rediff.com24 Dec 2021

After witnessing cloudy skies this year, the country's renewable energy sector is expected to boom with a likely investment of over $15 billion in 2022 as the government focuses on electric vehicles, green hydrogen, manufacturing of solar equipment as well as achieving the ambitious 175 GW renewable capacity target. India, which has an installed renewable energy generation capacity of a little over 150 GW, aims to reach 175 GW in 2022. Out of the total mix, 100 GW would be from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydro power projects.

Adani now keen to produce world's cheapest hydrogen

Adani now keen to produce world's cheapest hydrogen

Rediff.com11 Nov 2021

Billionaire Gautam Adani on Thursday said his logistics-to-energy conglomerate will invest $70 billion over the next decade to become the world's largest renewable energy company and produce world's cheapest hydrogen. Adani Green Energy Ltd (AGEL), the world's largest solar power developer, is targeting 45 gigawatts of renewable energy capacity by 2030 and will invest $20 billion to develop a 2 GW per year solar manufacturing capacity by 2022-23. Adani Transmission Ltd (ATL), India's largest private sector power transmission and retail distribution company, is looking to increase the share of renewable power procurement from the current 3 per cent to 30 per cent by FY 2023 and to 70 per cent by FY 2030.

Google to start a $1 billion bidding war with Facebook

Google to start a $1 billion bidding war with Facebook

Rediff.com24 May 2013

Maps and navigation services have become a key asset for tech companies as consumers increasingly adopt mobile devices.

Letters containing deadly poison sent to NYC mayor

Letters containing deadly poison sent to NYC mayor

Rediff.com30 May 2013

Two anonymous letters containing traces of the deadly poison ricin were sent to New York City Mayor Michael Bloomberg and his non-profit organisation in Washington, the latest in a string of similar incidents.

RBI asked to maintain inflation target of 4% till March 2026

RBI asked to maintain inflation target of 4% till March 2026

Rediff.com31 Mar 2021

The government on Wednesday asked the Reserve Bank to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side for another five-year period ending March 2026. To control the price rise, the government in 2016 gave a mandate to the RBI to keep the retail inflation at 4 per cent with a margin of 2 per cent on either side for a five-year period ending March 31, 2021.

India in sweet spot as commodity prices are on uptick

India in sweet spot as commodity prices are on uptick

Rediff.com26 Jan 2021

The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.

The latest member of the $100 bn club!

The latest member of the $100 bn club!

Rediff.com21 Jun 2019

Its latest member is a Frenchman. Bernard Arnault's fortune is now estimated at $100.4 billion.

RIL struck more sale deals in Q1 than in last 11 years

RIL struck more sale deals in Q1 than in last 11 years

Rediff.com22 Jun 2020

The COVID-19 pandemic and the ensuing lockdown may have put the best of funds on a backfoot of deal activity, RIL, however, has been an outlier. With 10 different investors brought in for its telecom venture Jio Platforms, RIL undertook 12 different transactions since April this year.

20 most influential people in the world

20 most influential people in the world

Rediff.com6 Sep 2012

Bloomberg has ranked world's most influential people.

Indian among 30 richest businesspeople in the world

Indian among 30 richest businesspeople in the world

Rediff.com6 Nov 2012

Let's take a look at the 30 richest businesspeople.

Data breach could cost world's top brands up to $223 billion

Data breach could cost world's top brands up to $223 billion

Rediff.com10 Mar 2021

The world's top brands across sectors might lose between $93 billion and $223 billion because of a data breach, a first-of-its-kind study by Interbrand and Infosys, called 'Invisible Tech, Real Impact', has found. This represents 4-9.6 per cent of their cumulative value. The study gains significance in the backdrop of yet another massive hack, this time of Microsoft's email software, which is estimated to have affected at least 60,000 known victims globally, according to Bloomberg. The study found that there is a long-term impact of data breaches on brands across sectors.

Wealth of India's super-rich slips 4.4% to $12.83 trn in 2020 due to rupee fall

Wealth of India's super-rich slips 4.4% to $12.83 trn in 2020 due to rupee fall

Rediff.com22 Jun 2021

In spite of Mukesh Ambani, Gautam Adani, the Poonawallas and many other Indians seeing a jump in their net worth in the pandemic-hit 2020, overall wealth of the country's super-rich dipped 4.4 per cent to $12.83 trillion in the year due to the rupee's fall, and so did their tally, says a report. The number of dollar millionaires in India fell from 7,64,000 in 2019 to 6,98,000 solely because of the rupee's fall, while their cumulative wealth stood at $12.833 trillion, down $594 billion or 4.4 per cent from the previous year, according to the report by Credit Suisse Research Institute. The country is home to just 1 per cent of the global rich, whose number rose by 5.2 million to 56.1 million in the COVID-hit year. However, the report expects the number of millionaires in India to soar 81.8 per cent to 1.3 million by 2025.

Post Sandy, New York mayor backs Obama for second term

Post Sandy, New York mayor backs Obama for second term

Rediff.com2 Nov 2012

In a major political boost to Barack Obama, New York Mayor Michael Bloomberg, an otherwise fierce critic of the president, has endorsed his bid for re-election, citing his efforts in dealing with climate change as the city recovers from the destruction caused by Superstorm Sandy.

Refining margins may boost RIL's earnings

Refining margins may boost RIL's earnings

Rediff.com16 Oct 2019

10 analysts estimated RIL's consolidated net profit at Rs 11,256 crore and nine analysts estimated revenue at Rs 1.5 trillion.

RIL-Aramco deal fits well for both their future strategies

RIL-Aramco deal fits well for both their future strategies

Rediff.com23 Apr 2019

Aramco also plans to invest in building India's largest oil refinery on the country's west coast.

New York cancels Sunday marathon in wake of deadly storm

New York cancels Sunday marathon in wake of deadly storm

Rediff.com3 Nov 2012

New York City Mayor Michael Bloomberg abruptly reversed course and canceled Sunday's marathon, a beloved annual race that had become a lightning rod for people frustrated by the disastrous aftermath of megastorm Sandy.

Indian-American Sabrina Singh named White House Deputy Press Secretary

Indian-American Sabrina Singh named White House Deputy Press Secretary

Rediff.com9 Jan 2021

Singh was Press Secretary to Vice President-elect Kamala Harris on the Biden-Harris campaign.

Pursue an international degree in public health in Jaipur

Pursue an international degree in public health in Jaipur

Rediff.com29 Jun 2012

The Johns Hopkins Bloomberg School of Public Health, United States has collaborated with the Indian Institute of Health Management Research in Jaipur to offer a masters programme in public health in the country.

World's 10 richest people, Mark Zuckerberg is the biggest gainer

World's 10 richest people, Mark Zuckerberg is the biggest gainer

Rediff.com3 Mar 2016

The world's richest people have become poorer.

I-Pru Life: Retail focused portfolio, no investment risks augur well

I-Pru Life: Retail focused portfolio, no investment risks augur well

Rediff.com4 Jan 2021

The life insurer tinkered with its business strategy - raised the share of protection plans and reduced dependency on ULIPs in the past four years.

It's between Biden and Sanders in Democratic presidential race

It's between Biden and Sanders in Democratic presidential race

Rediff.com4 Mar 2020

The "Super Tuesday", or March 3 presidential primaries, were held in as many as 15 states including Alabama, Arkansas, California, Colorado, Maine, Massachusetts, Minnesota, North Carolina, Oklahoma, Tennessee, Texas, Utah, Vermont and Virginia. Biden, 77, registered impressive victories in the states of Virginia, North Carolina, Alabama, Oklahoma, Tennessee, Minnesota, Massachusetts and Arkansas, propelling him as the frontrunner in the primaries. However, Sanders, 78, by winning big in the State of California -- which sends 415 pledge delegates -- reflected the fight to win Democratic nomination to challenge Republican incumbent Donald Trump was not over yet.

10 Most Popular Stocks

10 Most Popular Stocks

Rediff.com2 May 2022

10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.

China blocks Indian newspapers, websites

China blocks Indian newspapers, websites

Rediff.com30 Jun 2020

The recent action comes amid the ongoing tension between India and China after the violent standoff on June 15 in Galwan Valley area in eastern Ladakh in which both sides suffered casualties.

India's IPO story is actually not all that bright!

India's IPO story is actually not all that bright!

Rediff.com26 Mar 2021

This year is set to be the third consecutive year when India's share of IPOs has fallen relative to the rest of the world.

India-China ties going through a 'bad patch' due to Beijing's acts: Jaishankar

India-China ties going through a 'bad patch' due to Beijing's acts: Jaishankar

Rediff.com19 Nov 2021

External Affairs Minister S Jaishankar said on Friday that India and China are going through a 'particularly bad patch' in their ties because Beijing has taken a set of actions in violation of agreements for which it still doesn't have a 'credible explanation' and it is for the Chinese leadership to answer where they want to take the bilateral relationship.

Take advantage of golden opportunity, invest in India, Modi tells global biz community

Take advantage of golden opportunity, invest in India, Modi tells global biz community

Rediff.com25 Sep 2019

He said India has also opened its defence industry 'like never before' and sought investments in the sector.

Bill Gates once again tops Forbes richest list

Bill Gates once again tops Forbes richest list

Rediff.com21 Mar 2017

Bill Gates with an estimated wealth of $86 billion topped the list for the fourth year running.

Stocks: 'Third wave will bring near-term challenges'

Stocks: 'Third wave will bring near-term challenges'

Rediff.com23 Aug 2021

'Companies with a strong business case and healthy balance-sheet should sail through and emerge more robust in the future.'

High coal price to weigh on steel cos' Q2 earnings

High coal price to weigh on steel cos' Q2 earnings

Rediff.com14 Oct 2021

Rising prices of international coal - both coking and thermal - used in the making of ferrous and non-ferrous metals, respectively, are expected to have an impact on margins of metals companies in July-September quarter (Q2) as steel companies may see margins getting eroded, while the base firms could stand to benefit, said brokerages.

Apple to take on Samsung with bigger iPhones

Apple to take on Samsung with bigger iPhones

Rediff.com24 Jun 2014

Apple Inc's suppliers will begin producing larger versions of the iPhone in China next month.

Twitter accounts of Obama, Biden, Gates, Musk hacked

Twitter accounts of Obama, Biden, Gates, Musk hacked

Rediff.com16 Jul 2020

The account of former US vice-president Joe Biden, who is the current Democratic Party presidential candidate in the November election, was also hacked.