News for 'Capital Complex'

Champions League hosts tighten security after Islamic State threat

Champions League hosts tighten security after Islamic State threat

Rediff.com9 Apr 2024

France and Spain will step up security ahead of the Champions League quarter-finals in Madrid and Paris on Tuesday and Wednesday nights, top officials said, as Islamic State threats cast a shadow over Europe's top club soccer tournament.

'Expect formulations biz to outpace API biz'

'Expect formulations biz to outpace API biz'

Rediff.com2 Jun 2024

'API prices are dragging down margins and impacting our competitive ability.'

10 Times Arvind Kejriwal Made Headlines

10 Times Arvind Kejriwal Made Headlines

Rediff.com18 Sep 2024

From the time he first rose to prominence during the movement against the then UPA government, Arvind Kejriwal has regularly grabbed headlines for his surprise moves and decisions. Here are 10 such instances.

SC takes cognisance of doctor's rape-murder case, hearing on Aug 20

SC takes cognisance of doctor's rape-murder case, hearing on Aug 20

Rediff.com18 Aug 2024

According to the cause list of August 20 uploaded on the apex court website, a bench comprising Chief Justice DY Chandrachud and Justices JB Pardiwala and Manoj Misra is scheduled to hear on Tuesday.

Adani Group to invest $100 bn in energy transition

Adani Group to invest $100 bn in energy transition

Rediff.com19 Jun 2024

Adani group will invest more than $100 billion (around Rs 8,340 crore) in energy transition projects and manufacturing capability to produce every major component required for green energy generation, its chairman said on Wednesday. Besides building solar parks to produce electricity from sunlight and wind farms that do the same from wind, the conglomerate is building major facilities to manufacture electrolyzers for making green hydrogen, wind power turbines and solar panels.

New orders point to further gains for Hindustan Aeronautics stock

New orders point to further gains for Hindustan Aeronautics stock

Rediff.com23 Apr 2024

Hindustan Aeronautics (HAL) is one of the largest beneficiaries of the defence indigenisation programme. The aerospace Public Sector Undertaking (PSU) has just received a new tender for 97 Light Combat Aircraft (LCA) Tejas Mk1A, and it is already servicing an earlier order for 83 LCA aircraft. The new order is worth around Rs 65,000 crore with a 65 per cent indigenisation component, whereas the earlier order (February 21) was worth Rs 45,700 crore with 55 per cent indigenisation.

Delhi shuts borders, police told to retaliate if farmers use force

Delhi shuts borders, police told to retaliate if farmers use force

Rediff.com13 Feb 2024

Authorities in New Delhi intensified security arrangements on Tuesday to stop the farmers' march from entering Delhi as the Singhu and Tikri borders were shut while the Red Fort complex was closed temporarily after peasants on their way to the national capital clashed with the police at the Shambhu border between Haryana and Punjab.

Delhi remains under heavy security as farmers determined to march

Delhi remains under heavy security as farmers determined to march

Rediff.com14 Feb 2024

With protesting farmers seeking to march to the national capital, security remained tight on Wednesday with personnel deployed in huge numbers and barricades regulating movement in central Delhi and at border points with Haryana, which can cause hardships to commuters.

Stop capital punishment: UN on Nirbhaya convicts' hanging

Stop capital punishment: UN on Nirbhaya convicts' hanging

Rediff.com21 Mar 2020

The UN calls on all nations to stop the use of capital punishment or put a moratorium on it.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

Which is going be the biggest hotel complex in India?

Which is going be the biggest hotel complex in India?

Rediff.com12 Dec 2018

Dipak Haksar, bottom, left, chief executive, ITC Hotels and WelcomHotels, tells Ajay Modi that FY19 is going to be a year of strong growth, and tariffs are likely to see a substantial improvement in the fourth quarter

Terrorist Pannun threatens to disrupt Ranchi Test

Terrorist Pannun threatens to disrupt Ranchi Test

Rediff.com21 Feb 2024

According to the Press Trust of India, Pannun, who has been designated as a terrorist by the Home Ministry, has also appealed to the banned CPI (Maoist) through a video uploaded on social media to disrupt the match, officials said.

Pricing challenge in US biz, rich valuations may weigh on pharma stocks

Pricing challenge in US biz, rich valuations may weigh on pharma stocks

Rediff.com11 Jun 2024

The tailwind of low price erosion in the US generics market, seen by domestic pharmaceutical companies in calendar year 2023 (CY23), may be reversing slowly, caution analysts. According to the latest data from US-based Centers for Medicare and Medicaid Services (CMMS), price erosion in calendar year 2024 (CY24) on a year-to-date (YTD) basis stood at a high of 15 per cent in the oral solid dosage (OSD) segment compared to a low of 1 per cent in CY23. This erosion, according to a report by Antique Stock Broking, was the highest in the last three years.

In a huge relief to homebuyers, allotted houses to stay out of liquidation

In a huge relief to homebuyers, allotted houses to stay out of liquidation

Rediff.com21 Feb 2024

In a relief to homebuyers, assets in a real estate project that have been handed over to the allottee would be kept out of the liquidation process of the company, the latest amendment to the rules by the Insolvency and Bankruptcy Board of India (IBBI) has said. The notification dated February 12 said: "For the purposes of clause (e) of sub-section (4) of section 36, wherever the corporate debtor has given possession to an allottee in a real estate project, such asset shall not form a part of the liquidation estate of the corporate debtor." Real estate experts call it a "pragmatic approach" by the regulator. "However, there are many cases where possession has not been given because the property is stuck in insolvency.

Mystical Mongolia

Mystical Mongolia

Rediff.com24 Sep 2024

Mongolia can take a lifetime to happen but rewards the intrepid traveller with enduring memories of a surreal, delightful land.

India set to bid farewell to old Parliament building

India set to bid farewell to old Parliament building

Rediff.com17 Sep 2023

Historians and conservation architects describe the old edifice as a "repository of India's history" and its "democratic ethos", and an "architectural jewel" of Delhi.

How India Won Back Maldives's Trust

How India Won Back Maldives's Trust

Rediff.com12 Sep 2024

The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.

How To Start A Business: 14 Tips

How To Start A Business: 14 Tips

Rediff.com1 Apr 2024

Business success often involves a combination of planning, implementation, and continuous learning, says rediffGURU Harsh Bharwani.

Kavitha sent to judicial custody till April 9

Kavitha sent to judicial custody till April 9

Rediff.com26 Mar 2024

A court in New Delhi on Tuesday sent Bharat Rashtra Samiti leader K Kavitha to judicial custody till April 9 on a plea made by the Enforcement Directorate that the 'highly influential' arrestee, if released, was likely to influence witnesses and tamper with evidence.

Andhra govt puts up 3-capital formula to expert panel

Andhra govt puts up 3-capital formula to expert panel

Rediff.com3 Jan 2020

The decision about the high-powered committee was taken as the government apparently thought of taking one step at a time instead of hurrying things up in the face of growing resistance from farmers who gave their lands for the development of Amaravati as the new capital, under the previous government headed by N Chandrababu Naidu, reports Dasarath Reddy.

The Machine That Saved Tanishq

The Machine That Saved Tanishq

Rediff.com29 Aug 2024

Stories are legion about the Karatmeter's use at that time. Hundreds of people standing in queue for testing, customers breaking down after discovering the actual purity of their jewellery and then becoming irate about the jeweller who had gypped them, the local jewellery industry leaning heavily on the Tanishq franchisees to desist from using it, some jewellers even threatening violent action.

Time To Be Cautious In Bull Market

Time To Be Cautious In Bull Market

Rediff.com10 Jan 2024

A piece of slightly negative news can cause a serious setback, warns Debashis Basu.

Tax devolution to states seen at 32%, but lags 15th FC advice

Tax devolution to states seen at 32%, but lags 15th FC advice

Rediff.com2 Feb 2024

The Union government is projected to share about 32 per cent of central taxes with states during the financial year 2024-25 against the 15th Finance Commission's recommendation of 41 per cent. The Revised Estimates (RE) for FY24, too, show a similar share of states in the central taxes at 32 per cent. In absolute terms, however, there has been an increase in the amount devolved to states compared to the Budget Estimates (BE) for FY24 at Rs 11 trillion.

Adani in talks with sovereign funds to raise up to $2.6 bn

Adani in talks with sovereign funds to raise up to $2.6 bn

Rediff.com26 Feb 2024

The Adani group is in advanced talks with top sovereign funds based in West Asia to raise up to $2.6 billion for its airport expansion and green hydrogen projects. The group, which expects to close the ongoing financial year ending March with Rs 80,000 crore of Ebitda (earnings before interest, tax, depreciation, and amortisation), has held a series of road shows in London, Dubai, and Singapore with potential investors, briefing them about their future growth plans. The group's flagship, Adani Enterprises, may dilute part of its stake in the airport-holding firm and/or the green hydrogen business to these funds, which are keen to invest in the Indian infrastructure sector, said a source close to the development.

Markets: 'India Will Be In A Brighter Position'

Markets: 'India Will Be In A Brighter Position'

Rediff.com8 Aug 2024

'India's fundamentals are a lot better (than those of other emerging market economies).' 'India will suffer (witness a fall in its stock market) what I call the second order effect.' 'And the second order will happen when these funds (belonging to macro and hedge fund investors and which have leveraged Japanese yen-carry trades), because they lose money elsewhere as lot of their positions were financed by borrowing Japanese yen, will have to book profits in investment destinations where they are making money, including in markets like India.' 'They (these investors) will have to effectively sell in countries like India and which is the consequence (the crash in equity markets) that Indian markets might see.'

Farmers' issues serious, don't file trivial petitions: SC

Farmers' issues serious, don't file trivial petitions: SC

Rediff.com4 Mar 2024

The bench said the petitioner must know that the high court has already passed certain directions on the issue.

Sights And Dazzle Of Japan

Sights And Dazzle Of Japan

Rediff.com25 Jun 2024

Tokyo -- the songs Japan, Love In Tokyo and Sayonara from the 1966 Hindi film automatically pop up in the mind -- is buzzing and crowded like any other metropolis, discovers Deepa Gahlot. The modern apartment blocks are built cheek by jowl, so close together that one can open the window and borrow sugar from the neighbour in the next building. One of the fears of the Indian traveller is the unavailability of vegetarian food. Every city and town in Japan has an array of Indian restaurants that serve every variety of cuisine, right from Gujarati to Punjabi to Andhra and Kerala meals.

AP passes Bill to establish 3 capitals; Naidu, TDP MLAs held

AP passes Bill to establish 3 capitals; Naidu, TDP MLAs held

Rediff.com21 Jan 2020

17 MLAs of the TDP were suspended from the assembly for disrupting CM Jagan Mohan Reddy's address on the Andhra Pradesh Decentralisation and Inclusive Development of All Regions Bill, 2020.

Why Jagan is hell-bent on creating 3 state capitals

Why Jagan is hell-bent on creating 3 state capitals

Rediff.com21 Jan 2020

Defending its three-capital decision, the government said since inception in 1956 the state had failed to integrate people from all regions, reports B Dasarath Reddy.

'Why Not Bundelkhand In Modi's Third Term?'

'Why Not Bundelkhand In Modi's Third Term?'

Rediff.com19 May 2024

'The Congress in the past backed the demand, but will not support it now since the SP opposes any division of UP.'

'The agenda is 'insurance for all by 2047''

'The agenda is 'insurance for all by 2047''

Rediff.com31 Dec 2023

'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'

Godrej Split Handled With Admirable Dignity

Godrej Split Handled With Admirable Dignity

Rediff.com2 May 2024

'Business families like the Godrej group are increasingly realising that an amicable settlement is better.' 'Else, the wealth of all shareholders gets destroyed.'

GDP Surge: Economy Truly Booming?

GDP Surge: Economy Truly Booming?

Rediff.com11 Mar 2024

This period of strong growth not only offers opportunities but also calls for strategic considerations to ensure sustainable development and equitable prosperity in the years to come, suggests Sujan Hajra.

Paytm shock: Fintech cos wary as frequent regulatory actions hurt sentiment

Paytm shock: Fintech cos wary as frequent regulatory actions hurt sentiment

Rediff.com13 Feb 2024

Following the Reserve Bank of India's (RBI's) action against Paytm Payments Bank, participants in the fintech ecosystem have turned their attention to giving priority to compliance with regulatory norms. Fintech industry players say the episode will ensure adherence to such measures. Executives Business Standard spoke to said companies should have clarity on their requirements.

'Conditions not ripe to make rupee a hard currency'

'Conditions not ripe to make rupee a hard currency'

Rediff.com19 Nov 2023

India should become a middle-income country and then push to make INR (rupee) a hard currency, and till then, it must promote the settlement of global trade in the local currency, think tank GTRI said on Sunday. Global Trade Research Initiative (GTRI) said that transforming a currency into a hard currency is a complex process that hinges on several pivotal factors. Firstly, economic stability is paramount; a country must exhibit low and stable inflation, consistent growth, and a balanced trade environment.

Putin's North Korea Gamble

Putin's North Korea Gamble

Rediff.com26 Jun 2024

Russia's unprecedented rapprochement with North Korea has raised concerns about the re-emergence of a Russia-China-North Korea alliance which could increase the probability of conflict on the Korean Peninsula, explains Dr Rajaram Panda.

'Difficult For Modi Govt To Win Floor Test'

'Difficult For Modi Govt To Win Floor Test'

Rediff.com19 Jun 2024

'The longevity of the government is a doubt for me because when the going gets tough, there could a be a point in time where there might be pressure, from within the party or from the allies.'

IPL 2024 Moments To Remember...

IPL 2024 Moments To Remember...

Rediff.com20 May 2024

The hot button moments of IPL 2024...

Candidates Chess: Vidit dumps Nakamura; Gukesh downs Praggnanandhaa

Candidates Chess: Vidit dumps Nakamura; Gukesh downs Praggnanandhaa

Rediff.com6 Apr 2024

Indian Grandmaster Vidit Gujrathi crashed through the defences of world number three Hikaru Nakamura of United States, while R Praggnanandhaa went down to compatriot D Gukesh in the second round of Candidates chess tournament in Toronto.

AIF returns trailed market gains in Dec

AIF returns trailed market gains in Dec

Rediff.com25 Jan 2024

Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Close-ended schemes had a median return of 5.62 per cent in December, according to data from industry tracker PMSBazaar. The median returns for open-ended schemes were 3.91 per cent