News for 'CROSS Industries'

Earth records hottest year ever in 2024, surpasses 1.5C mark

Earth records hottest year ever in 2024, surpasses 1.5C mark

Rediff.com11 Jan 2025

The year 2024 was the hottest year on record, with the global average temperature exceeding 1.5 degrees Celsius above pre-industrial levels for the first time, according to the European climate agency Copernicus. Every month from January to June was the warmest ever recorded, and from July to December (except August), each month was the second warmest on record. Scientists are warning that the world is entering a new climate reality, with extreme heatwaves, floods, and storms becoming more frequent and severe. The report also highlights the failure of developed nations to meet their climate finance commitments to developing countries, despite the urgency of the situation.

Honda-Nissan Merger: What About India?

Honda-Nissan Merger: What About India?

Rediff.com24 Dec 2024

Two Japanese auto giants, Honda and Nissan, are moving towards a potential merger, but it remains unclear how their Indian operations will be immediately impacted.

Rs 24.69 lakh cr of investors' wealth wiped out in 4 days

Rs 24.69 lakh cr of investors' wealth wiped out in 4 days

Rediff.com13 Jan 2025

Investors lost Rs 24.69 lakh crore in market valuation in the last four days of severe drubbing in the equity market. Spike in global crude prices, unabated foreign fund outflows, a strong US jobs data diminishing early rate cut expectations, and the rupee logging its steepest single-day fall in nearly two years dampened investors' sentiment.

Novelis expects improved outlook in near term, Q4FY25 to outperform Q3

Novelis expects improved outlook in near term, Q4FY25 to outperform Q3

Rediff.com25 Feb 2025

Novelis' Q3FY25 volume stood at 904,000 tonnes (down 1 per cent Y-o-Y, down 4 per cent Q-o-Q), due to lower VAP and automotive shipments. Revenue stood at $4.1 billion (+4 per cent Y-o-Y, down 5 per cent Q-o-Q).

The World Nature Photographs Of The Year

The World Nature Photographs Of The Year

Rediff.com25 Feb 2025

From stunning animal portraits to captivating glimpses of behaviour in their natural habitat, the World Nature Photography Awards contest showcases the intricate relationship between animals, plants, fungi, and humans.

Electric vehicle sales down 12% in November after festival-driven rush

Electric vehicle sales down 12% in November after festival-driven rush

Rediff.com5 Dec 2024

In the e2W category, which accounts for more than 60 per cent of total EV sales, volumes fell 15 per cent to 118,944 units in November, compared to 139,787 units in the previous month

Growth Or Inflation? What Will RBI Gov Tackle?

Growth Or Inflation? What Will RBI Gov Tackle?

Rediff.com11 Dec 2024

Sanjay Malhotra takes charge as the 26th RBI governor at a time when headline retail inflation has shot up to 6.2%.

Who Are India's Newest Billionaires?

Who Are India's Newest Billionaires?

Rediff.com11 Oct 2024

The collective wealth of the 100 richest went past $1 trillion for the first time.

AIFs gain currency as fundraise tops Rs 5 trn

AIFs gain currency as fundraise tops Rs 5 trn

Rediff.com27 Nov 2024

Alternative investment funds (AIFs) have crossed Rs 5 trillion in terms of funds raised, while the investment commitments have surpassed Rs 12 trillion for the first time as of September, according to data released by the Securities and Exchange Board of India (Sebi).

Bengaluru Gets A US Consulate, But...

Bengaluru Gets A US Consulate, But...

Rediff.com18 Jan 2025

To begin with, the consulate in Bengaluru will not offer visa services.

How is Tata Motors gearing up to face competition?

How is Tata Motors gearing up to face competition?

Rediff.com8 Jan 2025

Why is Shailesh Chandra, managing director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, not worried about the competition?

Auschwitz, Where 6,000 Were Murdered Daily

Auschwitz, Where 6,000 Were Murdered Daily

Rediff.com27 Jan 2025

When the Soviet army reached Auschwitz 80 years ago, on January 27, 1945, it found only about 7,000 inmates. What they saw was beyond words -- living skeletons, lice-infested human forms with just skin and bones, barely able to stand, greeted them.

'Pushpa 2 May Inaugurate 700 Cr Club'

'Pushpa 2 May Inaugurate 700 Cr Club'

Rediff.com4 Dec 2024

Pushpa 2's advance bookings have set a new record, with advance bookings standing at Rs 50 crore on Day One.

Tatas may choose Singapore as key partner for semiconductor play

Tatas may choose Singapore as key partner for semiconductor play

Rediff.com8 Nov 2024

Tata Sons will likely choose Singapore as a "key partner" for its semiconductor plans, a senior minister from the city-state said on Friday. Speaking to reporters after a meeting with Tata Sons chairman N Chandrasekaran earlier in the day, Singapore's minister for home affairs and law K Shanmugam said semiconductors was a "big discussion" point during the meeting. "If they (Tatas) want to, they can do business with anybody in the world.

Reliance Q3 net rises 7.4% on rebound in retail, higher telecom earnings

Reliance Q3 net rises 7.4% on rebound in retail, higher telecom earnings

Rediff.com16 Jan 2025

Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose. Its consolidated net profit of Rs 18,540 crore, or Rs 13.70 per share, in October-December - the third quarter of April 2024 to March 2025 fiscal (FY25) - compared to Rs 17,265 crore, or Rs 12.76 a share, in the same period a year back, according to a stock exchange filing by the company.

Right Time To Invest In Silver ETFs?

Right Time To Invest In Silver ETFs?

Rediff.com29 Oct 2024

Invest with a 5 to 7 year horizon so that you are able to ride out price volatility and benefit from the long-term trends of demand and macroeconomic shifts.

Modi, Macron fly together to Marseille, open new Indian consulate

Modi, Macron fly together to Marseille, open new Indian consulate

Rediff.com12 Feb 2025

Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.

Brokerages upbeat on TCS after Q3 miss

Brokerages upbeat on TCS after Q3 miss

Rediff.com12 Jan 2025

Most global as well as domestic brokerages are upbeat on India's largest IT services provider, Tata Consultancy Services (TCS), despite its performance during the December quarter of FY25, when it missed Street estimates. On the bourses, the TCS share price rallied as much as 6.44 per cent to hit an intraday high of Rs 4,296.80 apiece, before settling 5.67 per cent higher at Rs 4,265.55.

Disengagement likely to smoothen bilateral ties: Chinese envoy

Disengagement likely to smoothen bilateral ties: Chinese envoy

Rediff.com30 Oct 2024

Chinese ambassador to India, Xu Feihong, on Wednesday expressed hope that the recently completed Indo-China border disengagement in Eastern Ladakh would smoothen relations and pave the way for a better understanding between the two neighbours in the days ahead.

Sensex crosses 64,000 for the first time; Nifty ends at 18,972

Sensex crosses 64,000 for the first time; Nifty ends at 18,972

Rediff.com28 Jun 2023

From the Sensex pack, NTPC, Tata Motors, Titan, Larsen & Toubro, Reliance Industries, IndusInd Bank, Infosys, HDFC Bank and Power Grid were among the major gainers. Wipro and Tech Mahindra were the laggards.

India pitches for more info sharing on int'l payments

India pitches for more info sharing on int'l payments

Rediff.com11 Sep 2024

India is pushing for greater disclosures by credit card companies, fintech firms, and payment aggregators (PAs) at the Financial Action Task Force (FATF), so that the sender and recipient in a cross-border financial transaction can be easily identified and the information shared with law enforcement agencies. Separately, the inter-governmental group, which sets standards to curb money laundering, will release the fourth round of its mutual evaluation report on India on September 19. FATF in June had adopted the mutual evaluation report on India and placed the country in the "regular follow-up" category - the highest rating given by the global watchdog and a distinction shared by only four other G20 countries.

Modi labels JMM-Cong alliance as 'Gushpaithiya Bandhan'

Modi labels JMM-Cong alliance as 'Gushpaithiya Bandhan'

Rediff.com4 Nov 2024

Modi accused the JMM, Congress and RJD of using Bangladeshi infiltrators for "vote bank politics," facilitating their settlement in Jharkhand, which is a threat to the state's social structure.

Airbus to source more components from India, says CEO

Airbus to source more components from India, says CEO

Rediff.com7 Oct 2024

Airbus will increase sourcing of components from India, which offers plenty of opportunities, according to the aircraft maker's CEO Guillaume Faury. The European major, which has bagged huge aircraft orders from IndiGo and Air India, doubled its sourcing of components and services from India to 1 billion euros during the period from 2019-2023, he said.

Australia stuck on a tightrope to World Cup

Australia stuck on a tightrope to World Cup

Rediff.com20 Nov 2024

The 2-2 draw in Riffa left Australia second in Asia's Group C on seven points, nine behind runaway leaders Japan and one ahead of Indonesia, Saudi Arabia, Bahrain and China.

'How Lata, Rafi Helped Liberate Dadra And Nagar Haveli

'How Lata, Rafi Helped Liberate Dadra And Nagar Haveli

Rediff.com30 Sep 2024

'The core group from Pune, which bought arms, trained people, carried out intelligence gathering and participated in all the stages of the battle, consisted of RSS volunteers.' 'The Pune group raised resources with the help of three stalwarts from the film industry.' 'The stalwarts were Lata Mangeshkar, Mohammad Rafi and C Ramchandra.'

Walmart-owned PhonePe crosses 500 million lifetime registered users

Walmart-owned PhonePe crosses 500 million lifetime registered users

Rediff.com9 Nov 2023

Walmart-owned fintech firm PhonePe said it has crossed 500 million lifetime registered users on its platform. With this milestone, 1 in 3 Indians are now on PhonePe. The company said it is the first Indian internet company to have reached this scale globally. This milestone has been achieved in just over 7 years since the PhonePe UPI (Unified Payments Interface) payments launched in August 2016.

Govt to set up e-comm hubs to promote exports

Govt to set up e-comm hubs to promote exports

Rediff.com23 Jul 2024

The government on Tuesday announced setting up of hubs to promote exports through e-commerce medium in public-private-partnership (PPP) mode and initially 10-15 hubs will be established. Finance Minister Nirmala Sitharaman said that these hubs, under a seamless regulatory and logistic framework, will facilitate trade and export-related services under one roof. "To enable MSMEs (micro, small and medium enterprises) and traditional artisans to sell their products in international markets, e-commerce export hubs will be set up in PPP mode," she said.

Nayanthara: Beyond the Fairy Tale Review: Empty Calories

Nayanthara: Beyond the Fairy Tale Review: Empty Calories

Rediff.com19 Nov 2024

Nayanthara: Beyond the Fairy Tale ends up being a flashy, aspirational celebrity lifestyle doc that is aimed for an evening of popcorn-fueled fan tribute entertainment, observes Arjun Menon.

The Menace Of Road Rage

The Menace Of Road Rage

Rediff.com3 Sep 2024

I am happy I didn't knock anyone down, driving recklessly or trying to show off. However, in one instance of road rage (the consequence of arguing with a driver who disrespected my right to cross the road peacefully) I did find a man in a SUV taking his anger out on me by driving his vehicle over my feet, recalls Shyam G Menon.

Motown in slow lane: Sales of top 3 automakers down

Motown in slow lane: Sales of top 3 automakers down

Rediff.com1 Oct 2024

Maruti Suzuki, Hyundai and Tata Motors reported a decline in wholesales in September as the companies curtailed dispatches to dealers to reduce inventory build-up amid a decline in demand. Maruti Suzuki India reported a 4 per cent dip in total domestic passenger vehicle wholesales last month to 144,962 units compared to 150,812 units in the year-ago month. The auto major said sales of mini segment cars, comprising Alto and S-Presso, grew marginally to 10,363 units against 10,351 units in September 2023.

IT industry crosses $50 bn mark in FY07

IT industry crosses $50 bn mark in FY07

Rediff.com2 Aug 2007

By posting revenues of Rs 2,135 crore, the training sector also recorded a significant growth, as demand for training within corporations in India and overseas grew.

India crosses $400-bn milestone in exports

India crosses $400-bn milestone in exports

Rediff.com23 Mar 2022

The country's exports for the first time crossed the $400 billion mark in a fiscal on healthy performance by sectors such as petroleum products, engineering, gems and jewellery, and chemicals, according to the commerce ministry's data released on Wednesday. The merchandise exports rose by by 37 per cent to $400.8 billion in 2021-22 until March 21 against $292 billion in 2020-21. Previously, the outbound shipments had touched a record of $330.07 billion in 2018-19.

Bengali film personalities join protest against doctor's murder

Bengali film personalities join protest against doctor's murder

Rediff.com1 Sep 2024

While one was organised by the alumni of Ramakrishna Mission-run educational institutions, another involved students and past pupils from a well-known convent school, both echoing the demand for justice for the medic.

Yogi Goes All Out For Flawless Mahakumbh

Yogi Goes All Out For Flawless Mahakumbh

Rediff.com24 Dec 2024

For Yogi Adityanath the successful management of the fair is a crucial part of building 'Brand UP' and making the state a $1 trillion economy.

Mercedes Rules Luxury Cars Segment

Mercedes Rules Luxury Cars Segment

Rediff.com21 Dec 2024

For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way

China to build world's largest dam near India border

China to build world's largest dam near India border

Rediff.com26 Dec 2024

China has approved the construction of the world's largest dam on the Brahmaputra River in Tibet, close to the Indian border. The USD 137 billion project, which is expected to dwarf even China's own Three Gorges Dam, has raised concerns in India and Bangladesh, the downstream riparian states. Concerns in India are centered around China's potential to control water flow, potentially enabling the release of large amounts of water to flood border areas in times of hostilities. The dam is part of China's 14th Five-Year Plan, and the Chinese government claims that the project is safe and prioritizes ecological protection.

Voltas' margins need to match growth trajectory for further gains

Voltas' margins need to match growth trajectory for further gains

Rediff.com28 Nov 2024

After a strong show during the September quarter (Q2FY25) and favourable demand conditions, going ahead, the country's largest player in the room air conditioner segment, Voltas is well placed to improve its market share. Expectations of record volumes in FY25 for the sector and the company's strategy of prioritising market share over margins could help the leader expand share in the room AC segment.

Sensex crosses 73K for 1st time; Nifty scales 22K

Sensex crosses 73K for 1st time; Nifty scales 22K

Rediff.com15 Jan 2024

Among the Sensex firms, Wipro jumped over 6 per cent after the IT company's December quarter earnings beat estimates. The other prominent gainers were HCL Technologies, HDFC Bank, Infosys, Tech Mahindra, Bharti Airtel and Reliance Industries.

'There Are Some Conversations With Hollywood, Some Exciting Projects'

'There Are Some Conversations With Hollywood, Some Exciting Projects'

Rediff.com12 Nov 2024

'Hopefully, in 10 years, I will cross over.' 'I'll be doing Hindi stuff, but hopefully, global projects too.'

Iran Missile Strike Forces Flight Reroutes

Iran Missile Strike Forces Flight Reroutes

Rediff.com7 Oct 2024

Flights from Delhi or Bengaluru, while they may still fly over Iran, depending on the route, have alternative paths that may take them through Central Asia or northern routes.