News for 'Challenges in Energy Business'

'Markets will be in consolidation mode for some time'

'Markets will be in consolidation mode for some time'

Rediff.com15 Jun 2022

'Investors need to expect steady returns over the next one to two years with bouts of high volatility.'

Modi meets French Prez Macron, both leaders may discuss Ukraine crisis

Modi meets French Prez Macron, both leaders may discuss Ukraine crisis

Rediff.com5 May 2022

Macron held a tete-a-tete with Modi before the delegation-level talks at the Elysee Palace - the official residence of the French president.

India needs to rethink and redesign the whole economy: Tata's Chandra

India needs to rethink and redesign the whole economy: Tata's Chandra

Rediff.com4 Aug 2020

He said COVID-19 can be a catalyst towards the adoption of digital technologies in health and education and drive change in a way that even venture capital funds have not achieved despite pouring billions in investments.

India asks US court to reject Cairn's $1.2 bn suit

India asks US court to reject Cairn's $1.2 bn suit

Rediff.com17 Aug 2021

The Indian government has asked a federal court in Washington to dismiss Britain's Cairn Energy suit seeking enforcement of a $1.2 billion arbitral award, saying it had sovereign immunity under US law. Cairn had in May asked a US federal court to force Air India to pay a $1.26 billion arbitration award the firm had won in December. The government on August 13 filed a 'Motion to Dismiss' petition in the US District Court for the District of Colombia, saying it lacked subject matter jurisdiction in the dispute between Cairn and the Indian tax authority, according to a filing seen by PTI.

He went to Harvard Business School to help India's farmers

He went to Harvard Business School to help India's farmers

Rediff.com4 May 2017

Siddharth Tata's Purple Chilli helps vegetable farmers earn an income 365 days a year.

India files appeal against Cairn award in The Hague

India files appeal against Cairn award in The Hague

Rediff.com23 Mar 2021

India is believed to have challenged in a court in The Hague an arbitration tribunal verdict that overturned its demand for Rs 10,247 crore in back taxes from Cairn Energy Plc -- the second time in three months that it has refused to accept an international award against retrospective tax.

Cirkus Review: Angoor Khatte Hain!

Cirkus Review: Angoor Khatte Hain!

Rediff.com23 Dec 2022

Cirkus is boring and puerile, notes Sukanya Verma.

Indigenous vaccine for lumpy skin disease ready; Aadhar for animals: Modi

Indigenous vaccine for lumpy skin disease ready; Aadhar for animals: Modi

Rediff.com12 Sep 2022

Prime Minister Narendra Modi on Monday said the Centre along with states is making efforts to control lumpy skin disease in cattle.

Who Will Admit To Committing Fraud?

Who Will Admit To Committing Fraud?

Rediff.com27 Apr 2023

Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money. Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.

Paris climate meet must have universal agreement: French envoy

Paris climate meet must have universal agreement: French envoy

Rediff.com18 Jun 2015

He said that energy will be the first chapter to be addressed.

WFH Burnout? 9 Simple Things To Do

WFH Burnout? 9 Simple Things To Do

Rediff.com15 Mar 2022

Clearly demarcate family time in your schedule and ensure that you do not work, receive calls or even reply to emails during this time.

'Large-caps, especially with a value bias, are preferable at this stage'

'Large-caps, especially with a value bias, are preferable at this stage'

Rediff.com7 Jan 2022

'If the third wave of Covid infections is as bad as the second one, the market may get very polarised with a preference for blue-chips with low volatility.'

'I always wanted to lead a simple life'

'I always wanted to lead a simple life'

Rediff.com4 Oct 2022

'When I got married and moved to the US, I found it liberating in a way that I understood myself, who I am as a person and how I process things.'

Hurt by higher expenses, Reliance net drops 7% in Q1

Hurt by higher expenses, Reliance net drops 7% in Q1

Rediff.com23 Jul 2021

Reliance Industries Ltd on Friday reported a 7 per cent drop in its June quarter net profit as retail business got hit by the second wave of COVID infections.

Cometh The Hour, Cometh Iceman Tewatia

Cometh The Hour, Cometh Iceman Tewatia

Rediff.com6 May 2022

In a season of many firsts, debutants Gujarat Titans will be hoping for the ultimate finish from iceman Tewatia -- one that ends with the glittering IPL 2022 trophy in their hands.

'Adani affair overshadowed Budget's stability, prudence'

'Adani affair overshadowed Budget's stability, prudence'

Rediff.com6 Feb 2023

'That is the one headline the world is reading about India this week, and it is a potentially damaging story...' 'I don't think a panic mentality has set in, but this story is one that investors and market watchers are absolutely seized with.'

Shrina Kurani Is Running For Congress

Shrina Kurani Is Running For Congress

Rediff.com18 Mar 2022

Indian-American engineer-entrepreneur Shrina Kurani challenges a 30-year Republican veteran in a US Congressional race in a district that is predominantly white.

Setback for Boris Johnson as party chief quits after by-election reverses

Setback for Boris Johnson as party chief quits after by-election reverses

Rediff.com24 Jun 2022

British Prime Minister Boris Johnson suffered a triple blow following crushing defeats for his Conservative Party in two important by-elections that also prompted the resignation of the party's chairman and one of his close allies, raising another major challenge to the embattled premier's leadership.

India's Green Shoots for the Planet

India's Green Shoots for the Planet

Rediff.com16 Nov 2021

Modi's unexpected announcement of achieving net zero by 2070 may have neatly deflected the pressures on India to sign up to an ambitious pledge but it does nothing to dispel the ecological emergency that threatens all life on the planet, , points out former forerign secretary Shyam Saran, the prime minister's special envoy and chief negotiator on climate change 2007-2010.

2021: What worked with work, or didn't

2021: What worked with work, or didn't

Rediff.com30 Dec 2021

'During the course of these two years, as new people have joined, we have no mental picture to associate with them and hence, have little connection with them.'

Vodafone wins Rs 22,100 cr retro tax dispute against govt

Vodafone wins Rs 22,100 cr retro tax dispute against govt

Rediff.com25 Sep 2020

British telecom giant Vodafone Group plc on Friday won an arbitration against the Indian government over a demand for Rs 22,100 crore in taxes using retrospective legislation.

'Time we show maturity to do business,' Swaraj tells Pakistan during 2-day visit

'Time we show maturity to do business,' Swaraj tells Pakistan during 2-day visit

Rediff.com9 Dec 2015

India on Wednesday extended a hand of friendship to Pakistan, saying it was time the two countries display "maturity and self-confidence" to do business with each other.

Kohli applauds 'superhuman' AB de Villiers after KKR rout

Kohli applauds 'superhuman' AB de Villiers after KKR rout

Rediff.com13 Oct 2020

Royal Challengers Bangalore captain Virat Kohli described team-mate AB de Villiers's unbeaten 33-ball 73, which set up a comprehensive victory over Kolkata Knight Riders in the Indian Premier League on Monday, as "superhuman" effort.

Terrorism biggest threat to humanity: PM at BRICS meet

Terrorism biggest threat to humanity: PM at BRICS meet

Rediff.com28 Jun 2019

Modi said that there was an immediate need to strengthen the WTO, fighting protectionism, ensuring energy security and work together to fight terrorism.

The bizarre tale of Cairn retro tax

The bizarre tale of Cairn retro tax

Rediff.com6 Mar 2022

The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time finance minister to interim one and the talks at the highest level to resolve the dispute, to claims that levy of back taxes was a result of an investigation into Panama Papers leak. The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination. But, this did not come about easily. For seven years, the establishment vehemently justified in courts and outside seeking of Rs 10,247 crore in back taxes plus interest and penalty from a firm that gave India its biggest onshore oil discovery.

Let others step up, says Tharoor on contesting CWC elections

Let others step up, says Tharoor on contesting CWC elections

Rediff.com16 Feb 2023

Senior Congress leader Shashi Tharoor on Thursday virtually ruled out contesting CWC polls if the party decides to hold them, saying he is not considering any further elections after having fought the AICC presidential polls and it is "for others to step forward".

Want to be an Entrepreneur? 6 SMART Tips

Want to be an Entrepreneur? 6 SMART Tips

Rediff.com30 Nov 2021

Calculative risks is what differentiates the successful businesses from the rest, points out Bhargav Varma, co-founder and COO of CiS App, a social networking venture.

Reliance, bp to retail fuel under 'Jio-bp' brand

Reliance, bp to retail fuel under 'Jio-bp' brand

Rediff.com9 Jul 2020

bp had last year bought 49 per cent stake in the 1,400-odd petrol pumps and 31 aviation turbine fuel stations owned by RIL for $1 billion.

Tesla enters India; opens arm in Bengaluru

Tesla enters India; opens arm in Bengaluru

Rediff.com13 Jan 2021

American electric car maker Tesla has registered its Indian arm amid indications that the company is set to enter the country's automobile market. According to a regulatory filing, the firm has registered Tesla India Motors and Energy Pvt Ltd with RoC Bangalore. The company has been registered as an unlisted private entity with a paid up capital of Rs 1 lakh.

From layoffs to cost-cutting, start-ups brace for long funding winter

From layoffs to cost-cutting, start-ups brace for long funding winter

Rediff.com28 Oct 2022

On a cloudy Monday this month, Mohammed Irshad flew from Kochi to Gurugram to attend an exclusive investor networking event. Among a handful of founders selected for the event, Irshad was to pitch his peer-to-peer learning start-up Notespaedia for funding in front of top venture capital investors such as AngelBay, Elevation Capital, and Inflection Point Ventures. He failed to woo them, but the feisty entrepreneur was determined to continue his hunt.

Ola CEO Bhavish Aggarwal to focus more on long-term strategy

Ola CEO Bhavish Aggarwal to focus more on long-term strategy

Rediff.com13 Apr 2022

Ola founder and chief executive officer (CEO) Bhavish Aggarwal will step back from day-to-day operations to focus more on engineering functions, team building, and products, apart from focusing on long-term strategic projects, such as two-wheelers, cars, and innovations in quick commerce and international expansion. "I'll be spending more time with all engineering functions, team building, and on products," said Aggarwal in an internal note, adding, "I'll also be increasing my focus on our longer-term strategic projects, including new two-wheeler products, our car project, innovations in quick commerce, electrifying ride-hailing, our cell research and development (R&D), international expansion, building our Pune technology (tech) centre, and Futurefoundry UK." To drive scale, speed, and quality, Aggarwal said he is expanding Ola Group's chief financial officer (CFO) G R Arun Kumar's role to help him steer 'day-to-day operations' across the group.

How to GET FIT with your family

How to GET FIT with your family

Rediff.com26 Mar 2021

Get inspired from these celebs who have found interesting ways to stay fit with their families.

India received $20 bn in FDI during pandemic: FS Shringla

India received $20 bn in FDI during pandemic: FS Shringla

Rediff.com15 Sep 2020

India has received over USD 20 billion in FDI amid the coronavirus pandemic, Foreign Secretary Harsh Vardhan Shringla said on Tuesday, showcasing the country as one of the most attractive destinations for investment globally.

Mukesh Ambani bats for bridging the digital divide

Mukesh Ambani bats for bridging the digital divide

Rediff.com21 Jun 2021

Billionaire Mukesh Ambani on Monday pressed for bridging the digital divide "both among nations and within nations", saying connectivity and communications have become the fundamental rights of every person. Also, there is a need to bring back the economies around the globe. Speaking at the Qatar Economic Forum, he said it is difficult to imagine what India would have been without the 4G telecom network during the pandemic. "The digital divide must be bridged, both among nations and within nations.

How Mum-To-Be Kajal Aggarwal Stays Fit

How Mum-To-Be Kajal Aggarwal Stays Fit

Rediff.com3 Feb 2022

'During pregnancy, your body may tell you what it's feeling more acutely than during other phases of life, which is your body's way of adapting to protect your pregnancy.'

Blow to India as US, UK courts confirm $1.4 bn award to Cairn

Blow to India as US, UK courts confirm $1.4 bn award to Cairn

Rediff.com8 Mar 2021

Courts in five countries including the US and the UK have given recognition to an arbitration award that asked India to return $1.4 billion to Cairn Energy plc - a step that now opens the possibility of the British firm seizing Indian assets in those countries if New Delhi does not pay, sources said. Cairn Energy had moved courts in nine countries to enforce its $1.4 billion arbitral award against India, which the company won after a dispute with the country's revenue authority over a retroactively applied capital gains tax. Of these, the December 21 award from a three-member tribunal at the Permanent Court of Arbitration in the Netherlands has been recognised and confirmed by courts in the US, the UK, Netherlands, Canada and France, three people with knowledge of the matter said.

3 oil majors in race for BPCL's 53% pie: Sources

3 oil majors in race for BPCL's 53% pie: Sources

Rediff.com29 Jul 2020

According to sources, Russian energy giant Rosneft or its affiliates, Saudi Aramco and Reliance Industries are in race for BPCL's three refineries - Mumbai, Kochi in Kerala and Bina in Madhya Pradesh - 16,309 petrol pumps, 6,113 LPG distributor agencies and more than a fifth of 256 aviation fuel stations in the country.

'Stock valuations may not go up'

'Stock valuations may not go up'

Rediff.com5 Apr 2021

'It won't help being complacent about the momentum and valuations of equities that currently exist.'

Will Adani Invest Big In Rajasthan Before 2023 Poll?

Will Adani Invest Big In Rajasthan Before 2023 Poll?

Rediff.com13 Oct 2022

'I clearly recall how you immediately directed your administration to identify and allocate land, water, and other clearances in the shortest time possible.' 'That was the fastest decision-making process I have ever witnessed.'

India's hotels business: 'Lots of Chinese capital will come in'

India's hotels business: 'Lots of Chinese capital will come in'

Rediff.com31 Jul 2017

'Jin Jiang had invested in Louvre Hotels.' 'Louvre, a couple of months ago, took a majority in Sarovar hotels.' 'So they are coming in now.' 'Look at the Chinese -- two quarters ago they took 25 percent in Hilton.' And then HNA also took majority in Carlson (Radisson).'