InterGlobe Aviation promoter Rakesh Gangwal and his family trust on Tuesday sold a 5.7 per cent stake in the airline for about Rs 11,385 crore ($1.33 billion) through a block deal, according to sources. Apart from Gangwal, the Chinkerpoo Family Trust, whose trustees are Shobha Gangwal and JP Morgan Trust Company of Delaware, has also participated in the transaction for divesting its stake in IndiGo, the country's largest airline, the sources said.
On Thursday, NASA announced that it was working with Roscosmos to understand a new pressure signature, after the recent post-repair effort in the aft-most segment of the International Space Station's Zvezda service module.
Zepto co-founder and CEO Aadit Palicha has accused the chief financial officer of a competing company of orchestrating a smear campaign against his quick commerce platform. In a LinkedIn post on late Sunday, Palicha, not taking names, alleged that the CFO of one of Zepto's competitor firms has been reaching out to Zepto's investors with unsubstantiated claims, distributing false financial data to journalists, and employing bots to spread negative narratives about Zepto on social media.
Commerce Minister Piyush Goyal's scathing remarks on Indian startup ecosystem and its innovation priorities have drawn sharp reaction from the industry, with Zepto CEO Aadit Palicha putting up a strong defence citing the company's contribution to jobs, FDI and terming it a "miracle in Indian innovation".
Hegde, who was arrested on Thursday, had allegedly posted that a Jain monk was attacked by a Muslim youth, they said.
Google says its AI models are being used across sectors in India, from improving maternal health programmes and streamlining patient-care to supporting agri-tech solutions and advancing the country's sovereign AI efforts.
Destinations like Coorg, Munnar, the Western Ghats, and parts of the North East, are at their scenic best in the monsoon.
Model Kate Upton makes allegations against the co-founder of Guess.
Fraudsters lure individuals with false promises of recovering bonuses or maturity proceeds from lapsed policies.
Infosys co-founders N R Narayana Murthy and Nandan Nilekani along with their family members on Monday sold shares worth Rs 6,484 crore in the country's second largest software services firm.
The Bill and Melinda Gates Foundation will scale up its efforts on the African continent, focusing on three key goals over the next 20 years, ending preventable maternal and child deaths, eradicating deadly infectious diseases, and reducing poverty.
The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.
As the digital age turns children into informed, opinionated little adults, what guardrails should parents employ? Parents with new-age sensibilities admit to oftentimes feeling stumped. A psychologist, a principal and an eye doctor suggest how they can navigate this new parental landscape.
The company is targeting countries like Germany, Italy, France, Spain, Portugal, and the UK which account for over 70 per cent of Europe's two-wheeler volumes.
Even though both situations -- with their symptoms of detachment and fatigue -- may occur at the same time, the causes for both are quite different. Which means they need to be approached differently, points out Shruti Swaroop, founder, Embrace Consulting and co-founder, International Inclusion Alliance.
'We have done everything in our power to help him take his game to the next level and become a star player.'
Average housing prices across Mumbai Metropolitan Region (MMR), Delhi-NCR, Chennai and Pune remained stable during the January-March period compared to the previous quarter while rates appreciated 4-5 per cent in the other four major cities, according to PropTiger. Data from real estate brokerage firm PropTiger, a part of REA India that owns Housing.com, showed that prices in Bengaluru and Hyderabad grew 5 per cent each while Ahmedabad and Kolkata saw an appreciation of 4 per cent each.
Riding on the company's stellar market debut, Twitter co-founders Evan Williams and Jack Dorsey saw their combined fortunes soar by over one billion dollars in a single day to $3.6 billion.
Britain's Prince Edward and former prime minister Rishi Sunak were also at the game.
What do you think is the right way to go?
The domestic stock market this week would monitor the geopolitical developments after India and Pakistan reached an understanding to stop military actions, analysts said. Moreover, macroeconomic data announcements, Q4 earnings, trading activity of foreign investors and global market trends are also likely to influence sentiments, traders said.
rediffGURU Dr Ganesh Natarajan tells you how to upskill and upgrade yourself in order to future-proof your career.
Companies typically face challenges in recruiting candidates who are skilled in AI, machine learning and generative artificial intelligence though they have hundreds of vacancies.
Errors in filing income-tax returns frequently lead to scrutiny notices, additional liabilities, or delayed refunds.
The Grammy award winner was suffering from Rheumatoid Arthritis, Acute Ulcerative Colitis and Pneumonia.
Google co-founder Larry Page is backing two start-ups that are working on flying cars, including funding one of them with more than $100 million so far.
Amazon India has launched Amazon Diagnostics, an at-home healthcare service that allows customers to book lab tests, schedule appointments and receive digital reports directly via the Amazon app. Initially available in six cities-Bengaluru, Delhi, Gurgaon, Noida, Mumbai and Hyderabad-the service covers more than 450 PIN codes and offers access to over 800 diagnostic tests.
Equity mutual funds witnessed a remarkable surge in inflows to nearly Rs 4 lakh crore in 2024, more than double the amount recorded in the preceding year, reflecting strong investor confidence and a continued shift towards long-term investing, particularly through Systematic Investment Plans (SIPs).
Uncertainty clouds US fall intake as Trump's visa ban on Harvard raises fears of wider policy shifts, pushing Indian students to explore alternative destinations.
'A lot of youngsters are hired because senior people do not want to work in such a culture and these people are made to work 14 hours a day atleast.'
Bring Easter in with a magnificent dessert at the end of your holiday repast.
rediffGURU Dr Ganesh Natarajan offers advice on how to build and scale your first start-up.
Mukesh Ambani's Antilia includes a private theatre that seats over 50, a snow room, and even an ice cream parlour. If that's not redefining home entertainment, what is?
'India is a very strategic geography. The business is growing over 37-38 per cent year-on-year.'
rediffGURU Anu Krishna tells you how to set boundaries in your workplace relationships.
Fintech company BharatPe on Monday said that its former co-founder Ashneer Grover will neither be associated with the company in any capacity nor be a part of its shareholding as part of a settlement agreement signed between them. Grover was removed from the position of managing director of BharatPe by the company's board in March 2022.
Named 'Kamala ' by Giri, Mrs Jobs arrived in Prayagraj on Monday. She is staying at the Kumbh tent city at the Niranjini Akhara camp till January 15, before returning to the US to attend the swearing-in ceremony of President-elect Donald Trump on January 20.
Tennis legend Serena Williams and Reddit co-founder Alexis Ohanian are engaged.
Her husband Raja's body has been discovered, but there is no trace of Sonam Raghuvanshi.
Vineeta Singh is making boss babe moves both in business and fashion.
