News for 'Commercial Service'

Maruti, Tatas' Plans To Boost Car Sales

Maruti, Tatas' Plans To Boost Car Sales

Rediff.com21 Oct 2024

'The customer is fast changing, and she demands newer experiences that wealth can buy.'

Lorries Being Gifted This Wedding Season!

Lorries Being Gifted This Wedding Season!

Rediff.com27 Nov 2024

Another trend: A preference for coloured diamonds among brides, who are pairing them with their groom's birthstone. So, along with yellow or white diamonds, they are choosing pink, green, blue sapphires, emeralds or red rubies.

SC halts bulldozer action by states, lays down guidelines

SC halts bulldozer action by states, lays down guidelines

Rediff.com13 Nov 2024

Equating 'bulldozer justice' with a lawless state of affairs where might is right, the Supreme Court on Wednesday laid down pan-India guidelines and said no property should be demolished without a prior show cause notice and the affected must be given 15 days to respond.

'Wake up, act': Delhi HC to administration on coaching centre deaths

'Wake up, act': Delhi HC to administration on coaching centre deaths

Rediff.com17 Sep 2024

It is time for the administration to wake up from 'deep slumber' and take appropriate steps to address the condition of Delhi's coaching centres, the Delhi high court has said, while granting interim bail till November 30 to four co-owners of the basement of an Old Rajinder Nagar building that housed a coaching centre where three civil services aspirants drowned in July.

Cognizant Tech to acquire Belcan for $1.3 bn in cash and stock

Cognizant Tech to acquire Belcan for $1.3 bn in cash and stock

Rediff.com11 Jun 2024

Nasdaq-listed Cognizant Technology Solutions has signed a definitive agreement to acquire global engineering company Belcan for about $1.3 billion (Rs 10,853.7 crore) in cash and stock. The transaction is expected to close in the September quarter. The total consideration includes $1.19 billion (Rs 9,935.31 crore) in cash and 1.47 million Cognizant shares, valued at $97 million (Rs 809.53 crore) based on the information technology services provider's closing share price on June 7, 2024.

Delhi basement deaths: 13 'illegal' coaching centres sealed

Delhi basement deaths: 13 'illegal' coaching centres sealed

Rediff.com29 Jul 2024

A team of the civic body reached the Old Rajinder Nagar area to seal several illegally-run basements of coaching centres, a statement by the Delhi government said.

Canada lists India as cyberthreat, MEA reacts strongly

Canada lists India as cyberthreat, MEA reacts strongly

Rediff.com2 Nov 2024

While there was no mention of India in the National Cyber Threat Assessment reports of 2018, 2020 and 2023-24, the 2025-26 assessment mentions India -- along with China, Russia, Iran and North Korea -- in the 'Cyber threat from state adversaries' section that introduces the state cyber threat ecosystem and discusses the cyber threats to Canada.

Bharat Bandh hits life in Bihar, J'hand, tribal belts

Bharat Bandh hits life in Bihar, J'hand, tribal belts

Rediff.com21 Aug 2024

The response was tepid in other parts of the country even as several INDIA bloc parties as well as other non-BJP outfits extended their support to the bandh.

Noel Tata to succeed Ratan Tata; named chairman of Tata Trusts

Noel Tata to succeed Ratan Tata; named chairman of Tata Trusts

Rediff.com11 Oct 2024

Noel Tata -- the half-brother of late Rata Tata -- who takes over as chairman of Tata Trusts, has been with the Tata Group for over four decades, slowly rising through the ranks in the salt-to-software conglomerate. Having functioned mostly under the shadows of his illustrious half-brother, Noel (67) will now have the responsibility of leading the Tata Trusts -- broadly comprising Sir Ratan Tata Trust & Allied Trusts, and Sir Dorabji Tata Trust & Allied Trusts -- that hold a controlling 66 per cent stake in Tata Sons, the holding and promoter firm of Tata Group companies.

India core to our products and services: JPMorgan Chase CIO Lori Beer

India core to our products and services: JPMorgan Chase CIO Lori Beer

Rediff.com20 Nov 2023

For Lori Beer, chief information officer, JPMorgan Chase & Co, largest banker in the US, India is a big part of the organisation's global technology footprint and is core to its products and services. This is evident from the fact that in less than two months since JPMorgan & Chase chief executive officer Jamie Dimon visited India, Beer has come here to see the recently opened centres in Mumbai and Bengaluru. "What is different for me this year are our new centres and to be able to come and see the vibrancy, and connectedness is great.

IAS coaching where 3 died 'flouted norms'; owner, coordinator arrested

IAS coaching where 3 died 'flouted norms'; owner, coordinator arrested

Rediff.com28 Jul 2024

The owner and the coordinator of a coaching centre where three civil services aspirants died due to rain-induced flooding in the basement were arrested on Sunday even as protests erupted in the area over the incident.

What led to basement flooding which killed 3 students

What led to basement flooding which killed 3 students

Rediff.com29 Jul 2024

According to the officials, the three-storey coaching institute, surrounded by residential and commercial establishments, had permission to use the basement as a store room, but it was being used as library in violation of the rules.

Bajaj now third most valued finance group; overtakes SBI

Bajaj now third most valued finance group; overtakes SBI

Rediff.com30 Sep 2024

India's financial sector is dominated by large government-owned and private-sector banks.

India's service sector is losing its sheen

India's service sector is losing its sheen

Rediff.com30 Apr 2012

India is losing ground to China when it comes to global exports of commercial services.

'NIM To See Increase After Couple Of Quarters'

'NIM To See Increase After Couple Of Quarters'

Rediff.com6 Sep 2024

'There has been a change in the advances mix, with the share of corporate loans decreasing.'

Delhi basement tragedy: LS demands inquiry, RS defers debate

Delhi basement tragedy: LS demands inquiry, RS defers debate

Rediff.com29 Jul 2024

Officials have said an absence of drainage system and safety measures, and use of basement for commercial activities in violation of norms led to the death of three civil services aspirants at the coaching centre.

'Imagine Dying Like This, And That Too In Delhi'

'Imagine Dying Like This, And That Too In Delhi'

Rediff.com29 Jul 2024

'They charge such high fees and offer us this safety. Our lives have become a mockery.'

'Yaarana to continue': India, Maldives ink key pacts

'Yaarana to continue': India, Maldives ink key pacts

Rediff.com7 Oct 2024

India on Monday asserted that its friendly ties with the Maldives will continue as Prime Minister Narendra Modi and President Mohamed Muizzu unveiled a blueprint for comprehensive economic and maritime cooperation, signalling a reset of the relationship that had hit a rough patch last year due to anti-New Delhi rhetoric.

India: Fastest growing nation in services

India: Fastest growing nation in services

Rediff.com20 Apr 2007

India has emerged as the fastest growing nation in the global services trade and contrary to popular belief, the country's import growth in commercial services has outpaced exports in 2006, a WTO report said.

How Trai Plans To Scuttle Scams

How Trai Plans To Scuttle Scams

Rediff.com15 Jun 2024

Numbers could be classified further into (140) marketing and (160 or 161) for service calls to easily identify the purpose of the call in the future.

NBFCs throng bond mkt to fund festival credit demand

NBFCs throng bond mkt to fund festival credit demand

Rediff.com18 Sep 2024

A number of non-banking financial companies (NBFCs) have tapped into the debt capital market ahead of the festival season to meet increasing credit demand as bank funding slows. On Tuesday, Aptus Value Housing Finance secured Rs 300 crore at an interest rate of 8.75 per cent through bonds maturing in five years. ICICI Home Finance Company turned to the market to raise Rs 275 crore at 7.94 per cent, alongside another Rs 300 crore at 7.95 per cent, through bonds maturing in five and three years, respectively.

How Delhi's coaching institutions risking students' lives

How Delhi's coaching institutions risking students' lives

Rediff.com29 Jul 2024

Coaching institutions across the national capital, some lined up in cramped lanes while others housed in lofty buildings in busy commercial areas, are risking the lives of students, with lack of fire safety measures, single entry and exit points, faulty wiring and overloaded electrical circuits among the most common problems.

'Ratan Tata Always Displayed His Kindness'

'Ratan Tata Always Displayed His Kindness'

Rediff.com12 Nov 2024

'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'

Will New MPC Members Cut Interest Rates?

Will New MPC Members Cut Interest Rates?

Rediff.com8 Oct 2024

The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.

AI, Cloud, super app: Adani group to bet big on tech

AI, Cloud, super app: Adani group to bet big on tech

Rediff.com5 Jun 2024

Coal-to-airports conglomerate Adani group is set to make a splash in the tech world. The group is considering the creation of customised artificial intelligence (AI) models for commercial prospects and consolidating digital services on a super app, according to people in the know. The Adani One app, part of its consumer-facing businesses, is reportedly in talks to expand into e-commerce and digital payments, according to a Financial Times report.

Last Action Hero: Vijay's Cinematic Legacy

Last Action Hero: Vijay's Cinematic Legacy

Rediff.com17 Sep 2024

As Thalapathy Vijay embarks on a career in politics, Arjun Menon looks closer at his glorious filmography.

A Serendipitous Civil Service Career

A Serendipitous Civil Service Career

Rediff.com22 Dec 2022

Every twist and turn in KMC's civil service career is attributed to serendipity, an aptitude for making desirable discoveries by accident. He plays down his capabilities, which took him to the top of the civil service as the Cabinet Secretary or his misfortune in losing a daughter in her prime and suggests that his career was indeed serendipitous, observes Ambassador T P Sreenivasan.

HC restrains misuse of actor Jackie Shroff's name, voice without consent

HC restrains misuse of actor Jackie Shroff's name, voice without consent

Rediff.com18 May 2024

The court said Shroff is a celebrity and this status inherently grants him certain rights over his personality and associated attributes.

Trade on road to recovery but Indian firms tread cautiously

Trade on road to recovery but Indian firms tread cautiously

Rediff.com12 Oct 2024

Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.

Maruti to drive deep into small towns via Arena Satellite showrooms

Maruti to drive deep into small towns via Arena Satellite showrooms

Rediff.com3 Sep 2024

Maruti Suzuki India (MSIL) plans to open new Arena Satellite showrooms as the country's largest carmaker aims to tap small towns and new markets, said a senior company executive, amid signs of recovery in rural demand and an approaching festival season. Senior executive officer for marketing and sales MSIL, Partho Banerjee, told Business Standard the company was aiming to penetrate deeper into markets and reach closer to its customers. "We have already had a concept of mobile showrooms in the Arena channel.

Balasore still under curfew, entry points sealed

Balasore still under curfew, entry points sealed

Rediff.com19 Jun 2024

Curfew remained in force in the northern Odisha town of Balasore for the second day on Wednesday following a clash between two groups over animal slaughter in which 10 people were injured, an official said.

High Time India Resists Real Estate Mania

High Time India Resists Real Estate Mania

Rediff.com14 Oct 2024

Once we break free of the idea that land is scarce, real estate is just a pile of bricks, steel, and glass. Any price surge will kick off a supply response, which kills off the possibility of sustained price appreciation, points out Ajay Shah.

How DoT Plans To Check Rising Spam

How DoT Plans To Check Rising Spam

Rediff.com15 May 2024

Launched in March, it triggers re-verification of suspected fraudulent numbers. Failing re-verification, the number will be disconnected.

Telcos reiterate demands over FSC, 6 GHz spectrum

Telcos reiterate demands over FSC, 6 GHz spectrum

Rediff.com13 Jun 2024

Telecom service providers have doubled down on their demands for a proposed fair-share charge (FSC) to be levied on major over-the-top (OTT) service providers, opening up the 6 GHz spectrum band and increasing the number of testing labs for telecommunication products. Telecom industry body Cellular Operators Association of India (COAI) on Wednesday said these were the topmost demands for Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government. The industry body wants this additional capital expenditure to be borne by these Large Traffic Generator (LTGs) OTTs as a proposed fair-share charge.

'I Am Getting 1,000 Calls Every Day'

'I Am Getting 1,000 Calls Every Day'

Rediff.com23 Aug 2024

'I am 7 feet and 7 inches tall.'

RBI Warns Use Of CBDC As Crisis Safe Haven

RBI Warns Use Of CBDC As Crisis Safe Haven

Rediff.com14 Aug 2024

'The impact of CBDC on deposits and deposit insurance is largely unknown.'

Banks' gross NPAs at 12-yr low, may fall further to 2.5%

Banks' gross NPAs at 12-yr low, may fall further to 2.5%

Rediff.com27 Jun 2024

The bad assets or gross NPAs of commercial banks fell to a 12-year low of 2.8 per cent in March 2024 and may go down further to 2.5 per cent by the end of the current fiscal, said the RBI's Financial Stability Report (FSR) released on Thursday. Scheduled Commercial Banks' (SCBs) gross non-performing assets (GNPA) ratio fell to 2.8 per cent, and the net non-performing assets (NNPA) ratio to 0.6 per cent at the end of March 2024. "The asset quality of SCBs recorded sustained improvement, and their GNPA ratio moderated to a 12-year low in March 2024. Their NNPA ratio too improved to a record low," said the June FSR.

FM Nirmala Sitharaman to review RRBs' performance after Budget session

FM Nirmala Sitharaman to review RRBs' performance after Budget session

Rediff.com30 Jul 2024

Union Finance Minister Nirmala Sitharaman will review the performance of regional rural banks (RRBs) after the Budget session of Parliament, according to two people familiar with the matter. The finance minister will review the performance of RRBs after August 13. The review will include discussions on enhancing the digital capabilities of RRBs, said a senior government official.

Faced with outage, TRAI puts off new commercial SMS norms by a week

Faced with outage, TRAI puts off new commercial SMS norms by a week

Rediff.com9 Mar 2021

Telecom regulator TRAI on Tuesday suspended the newly-implemented norms for commercial text messages for one week, following major disruptions in SMS and OTP deliveries for banking, payment, and other transactions.

Indian man pleads guilty to attacking White House in a bid to 'seize power'

Indian man pleads guilty to attacking White House in a bid to 'seize power'

Rediff.com14 May 2024

According to the plea agreement, Sai Varshith Kandula (20), of St Louis, Missouri, crashed a rented truck into the White House perimeter, and he was attempting to gain access to the White House to seize political power.