Reliance Industries (RIL) annual general meeting (AGM) had several stunning announcements. RIL looks to list Jio Platforms (JPL) by June 2026. It targets doubling of FY22 earnings before interest, taxes, depreciation and amortisation (Ebitda) (Rs 1.25 trillion; $14.6 billion) by FY27 implying 14.7 per cent compound annual growth rate (CAGR) over the FY22 levels.
For both polishing unit operators and diamond merchants, the US is still the biggest export destination: Three in every 10 diamonds polished in India end up in American stores.
Eyewear retailer Lenskart plans to add 450 stores in the current financial year, its fastest expansion in three years, as the company prepares for a public listing that could value it at up to $10 billion. The addition would take Lenskart's store count to more than 3,150 across 14 countries, representing a 34 per cent rise from the 334 stores opened last year.
Faithfuls thronged the streets of Mumbai for immersion processions of Ganesh idols on Anant Chaturdashi, marking the end of the 10-day Ganpati festival.
'A bus driver should possess a comprehensive road plan: Toll plazas, major hospitals, road conditions, repairs, diversions, and dangerous areas.' 'Only through such preparation can we save lives.' 'Otherwise, simply sitting in the driver's seat and pressing the accelerator -- anyone can do that.'
'Due to orographic rainfall, localised areas are experiencing intense downpours.' 'In a very heavy downpour, the burst of water has to find its way and therefore whatever comes in its path gets washed away.'
Earlier, police froze Rs 8 crore linked to Saraswati and parked in multiple bank accounts and fixed deposits.
A lot of entertaining content is coming your way on OTT this week! Namrata Thakker lists your entertainment, coming up, so you can binge-watch movies and shows high on romance, drama and humour.
Stepping up the company's AI and cloud play, Reliance Industries chairman Mukesh Ambani on Thursday announced that Jio users will get up to 100 GB of free cloud storage to securely store and access their photos, videos, documents, digital content and data. Addressing the 47th AGM of RIL, Ambani said the Jio AI-Cloud Welcome offer will be launched during the upcoming Diwali, which would bring a "powerful and affordable solution where cloud data storage and data-powered AI services are available to everyone, everywhere". "Jio users will get up to 100 GB of free cloud storage to securely store and access all their photos, videos, documents, all other digital content, and data.
Colliers reports that GCC leasing has jumped from 4.6 million square feet in 2021 and is expected to hit 10.6 million square feet by 2025 -- a clear sign that multinationals see Bengaluru as a long-term base.
The Employees' Provident Fund Organisation (EPFO) board has approved liberalised part withdrawals for subscribers, allowing up to 100 per cent EPF withdrawal, and rolled out the 'Vishwas Scheme' to reduce litigation through rationalised penal damages.
With demand for information-technology (IT) services in North America still sluggish, Europe has become a source of optimism for Indian companies because it is delivering steady gains over the past two years and continuing to outperform in the latest quarter. Yet analysts caution a full-scale revival will require a rebound in the United States (US), particularly in manufacturing, retail, and BFSI (banking, financial services, and insurance), because Europe contributes only about a third of the revenues.
Among Sensex firms, Mahindra & Mahindra, Tata Motors, Trent, Eternal, Asian Paints and Infosys were the major gainers. However, Sun Pharma, ITC, Hindustan Unilever and Titan were among the laggards.
Nataraj and Desinghu are tipped to become the best male and female athletes of the Games.
On the way out of the home, I thought, This good-hearted woman carried me for nine months and brought me safely into the world and cared for me till I grew up. How great women are!
The excitement swept across India on Sunday night as thousands of people gathered in different cities to witness the much-awaited Total Lunar Eclipse, popularly known as the Blood Moon.
MI6 launches a dark web portal, 'Silent Courier,' to recruit spies globally, targeting Russia and other regions. The initiative aims to enhance UK's intelligence capabilities against growing threats.
How a Legendary Commando's Downfall Began with a Simple Meal: The Tale of Bajrang Singh's Capture.
Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.
The frequency of short-duration, heavy rainfall events over central India and long-duration heavy rainfall events over the north-western coasts of the country has risen considerably in the last few decades.
Tigres nearly forced extra time when Edgar Lpez's header rattled both posts late on.
Six people died after a cable wire snapped on a cargo ropeway at Pavagadh Hill in Gujarat. The victims included ropeway operators and others transporting materials to the hilltop Mahakalika Temple.
ETS introduces adaptive TOEFL, fairness protocols and faster scores to ease global students' stress and test anxiety.
'What we see now is a much stronger need for data sovereignty.'
'India may never fully participate in the AI hype cycle, but we can position ourselves to benefit from its inevitable disenchantment and the cycle of disillusionment,' alerts Akash Prakash.
LinkedIn experts and real-life stories offer hope that Indian tech talent can still thrive globally, even as the $100,000 H1B fee reshapes onsite opportunities.
More than 750 houses and crops on over 33,000 hectares were damaged in Dharashiv district, where helicopters and boats had to be deployed to rescue stranded people, they said.
Equity markets this week would keenly track the upcoming GST Council meeting, macroeconomic data announcements and trading activity of foreign investors for further movement, analysts said. Moreover, developments related to tariff negotiations, global market trends and auto sales data would also drive investors' sentiment.
Dr Ramakanta Panda's unique exhibition, titled Heartbeats -- Wildlife, Our Shared Future, features a compelling collection of over 200 photographs centred around the theme of wildlife conservation.
'Returning Indians can leverage their international skills and the strong funding environment for start-ups here.'
'Legally clean farmland is difficult to find. It requires time, money, and legal effort to verify the title.'
The US remains the largest market for IT outsourcing, and for Indian giants TCS, Infosys and Wipro, it contributes around 40 per cent of their top line.
Following the devastating cloudburst and flash floods that wreaked havoc in Kathua, Jammu and Kashmir, the Indian Army has launched extensive rescue and relief operations.
'What we are witnessing is not a freak incidence or a freak occurrence, but a new climate reality where warming oceans, monsoon variability and local geography are combining to produce extreme events.'
A landslide on the Kedarnath route in Uttarakhand killed two pilgrims and injured six, while heavy rain led to the temporary suspension of the Char Dham and Hemkund Sahib pilgrimages.
rediffGURU Chocko Valliappa offers crucial career advice to engineering aspirants.
Climate activist Sonam Wangchuk called off his hunger strike as protests for Ladakh statehood and Sixth Schedule extension turned violent. The BJP office was set on fire, vehicles were torched, and clashes erupted, leading to the imposition of prohibitory orders.
DPDP Act (2023) gives individuals the right to decide how their personal data is collected and used. For many businesses, this means reworking longstanding data practices, notes Ravi Duvvuru.
'Amazon, Meta, Google, Microsoft have large operations in India and rely on smooth trade and data flows.' 'Restrictions could raise their costs, limit AI chip exports, and complicate their India strategies.'
The biggest risk for investors isn't the market, but their own minds, biases and emotions often lead to poor financial choices.
