News for 'Development Partnership'

Ford Motor in talks with TN to restart production

Ford Motor in talks with TN to restart production

Rediff.com12 Sep 2024

Two years after winding up its India production, global automobile giant Ford Motor Company is in talks with the Tamil Nadu government to restart operations at Maraimalai Nagar near Chennai, where it will focus on exports. Chief Minister Stalin visited Ford headquarters in Michigan on Tuesday and held discussions with its top management, urging it to restart production. "Had a very engaging discussion with the team from Ford Motors.

2024: The Year Of Shift In Politics

2024: The Year Of Shift In Politics

Rediff.com31 Dec 2024

Much drama is likely to continue in the coming year, within the Sangh Parivar as well as involving the Opposition parties and, of course the BJP's allies, predicts Modi biographer Nilanjan Mukhopadhyay.

Mercedes Rules Luxury Cars Segment

Mercedes Rules Luxury Cars Segment

Rediff.com21 Dec 2024

For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way

'Trump Is More Unpredictable'

'Trump Is More Unpredictable'

Rediff.com7 Nov 2024

'The policies announced by his administration are implemented faster.'

Modi urges global tech CEOs to be part of India growth story

Modi urges global tech CEOs to be part of India growth story

Rediff.com23 Sep 2024

Prime Minister Narendra Modi urged CEOs of US majors to take advantage of India's growth story as the country is making all efforts to become the third largest economy of the world in his third term. India is currently the fifth largest economy of the world after the US, China, Germany and Japan with a GDP of around $3.9 trillion. India has been the fastest growing large economies of the world with GDP growth rate of over 7 per cent for the last three consecutive years.

Duleep Trophy: Another duck for Iyer but Samson steals the show

Duleep Trophy: Another duck for Iyer but Samson steals the show

Rediff.com19 Sep 2024

Shreyas Iyer, aiming to make a comeback to India's Test squad, fell for a second successive duck in the ongoing tournament.

Lower production cost may support HZL margins

Lower production cost may support HZL margins

Rediff.com29 Oct 2024

During the September quarter (Q2FY25), Hindustan Zinc's (HZL's) revenue was reported at Rs 8,300 crore (up 22 per cent year-on-year or Y-o-Y, and 2 per cent quarter-on-quarter or Q-o-Q), marginally above consensus. Operating profit stood at Rs 4,100 crore (up 31 per cent Y-o-Y and 5 per cent Q-o-Q), also a small beat. The operating profit margin was 50 per cent, up from 48.5 per cent in Q1FY25.

'Local Boy' Punishes India In Bengaluru

'Local Boy' Punishes India In Bengaluru

Rediff.com18 Oct 2024

Rachin Ravindra, the rising star of New Zealand cricket, has once again showcased his exceptional talent, guiding his team to a dominant position in the first Test against India.

India's hot, sweaty and a tough place to play: Guptill

India's hot, sweaty and a tough place to play: Guptill

Rediff.com25 Sep 2024

The biggest challenge for the New Zealand batters on their upcoming Test tour of India will be picking the turning ball and more so the odd one that skids through, reckons former Black Caps opener Martin Guptill.

Modi dials Biden, briefs India's stand on Ukraine, B'desh situation

Modi dials Biden, briefs India's stand on Ukraine, B'desh situation

Rediff.com26 Aug 2024

Prime Minister Narendra Modi on Monday briefed US President Joe Biden in a phone conversation on his visit to Ukraine and conveyed India's full support for the early return of peace to the region through dialogue and diplomacy.

World Bank ups India growth forecast to 7% for FY25

World Bank ups India growth forecast to 7% for FY25

Rediff.com3 Sep 2024

The World Bank on Tuesday raised the growth forecast for the Indian economy to 7 per cent for the current fiscal year on the back of recovery in agri sector and rural demand. World Bank had in June projected India to grow at 6.6 per cent for FY24. According to the World Bank Report released on Tuesday, India's growth continues to be strong despite a challenging global environment.

LML owner sues Bajaj Auto over 'Freedom' trademark

LML owner sues Bajaj Auto over 'Freedom' trademark

Rediff.com4 Oct 2024

SG Corporate Mobility - the parent company of the Indian two-wheeler brand LML - has taken auto major Bajaj Auto to high court, claiming that it was illegally using its 'Freedom' trademark in newly-launched Bajaj Freedom CNG motorbikes, the company said in a statement on Thursday. SG Corporate Mobility claims that the term 'Freedom' has a deep-rooted association dating back to 2002 when the company had introduced its 'LML Freedom' motorcycle. The trademark 'Freedom,' along with the 'LML' brand, was officially assigned to SG Corporate Mobility in 2021 after being transferred by LML.

'America Is In For A Period Of Extended Domestic Turmoil'

'America Is In For A Period Of Extended Domestic Turmoil'

Rediff.com15 Nov 2024

'Trump's disregard for norms and institutions could prove very costly for America's social fabric.'

China Threat Leads India Japan To Boost Defence Ties

China Threat Leads India Japan To Boost Defence Ties

Rediff.com22 Aug 2024

The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.

Tatas to build Rs 650 cr museum of temples in Ayodhya

Tatas to build Rs 650 cr museum of temples in Ayodhya

Rediff.com25 Jun 2024

Sharing details about the decision, tourism minister Jaivir Singh said the tourism department would provide the company land for the international-level museum on a 90-year lease for a token amount of Re 1.

What Modi said before leaving for Russia

What Modi said before leaving for Russia

Rediff.com8 Jul 2024

India seeks to play a supportive role for a peaceful and stable region, Prime Minister Narendra Modi said on Monday as he embarked on a high-profile visit to Russia to hold summit talks with President Vladimir Putin amid the conflict in Ukraine.

Pujara wants K L Rahul at No 3; not as opener

Pujara wants K L Rahul at No 3; not as opener

Rediff.com21 Nov 2024

Cheteshwar Pujara, who knows a thing or two about grinding the Australian attack in their den, backs K L Rahul to bat at the vital number three slot in the Border-Gavaskar Trophy. He says the swashbuckling Yashasvi Jaiswal is capable of doing what David Warner did in his prime.

'Ladakh Made The World Wary Of China'

'Ladakh Made The World Wary Of China'

Rediff.com7 Nov 2024

'While my generation carries with it the memory of the Chinese perfidy of 1962, this generation will carry the memory of Chinese perfidy in Galwan.'

'Growth Of Cheese Market In India Is Exponential'

'Growth Of Cheese Market In India Is Exponential'

Rediff.com1 Nov 2024

'Only 20 per cent of families in India buy cheese twice once a year.'

'Always Treat China With Caution'

'Always Treat China With Caution'

Rediff.com7 Nov 2024

'Given China's past behaviour and their territorial claims, should we be sceptical regarding China's willingness to adhere to these agreements fully? The answer is yes.' 'As Ronald Reagan famously said in the context of the SALT talks, 'Trust, but verify!' India should also do the same.' 'This has already begun with foot patrolling, drones, satellite imagery and so on. India's military deployment did mirror China's and will continue to do so in the future.'

Delhi, Male in talks to retain Indian military personnel

Delhi, Male in talks to retain Indian military personnel

Rediff.com3 Dec 2023

India and the Maldives are in discussions for keeping the Indian military platforms in the island nation and a core group that both sides agreed to set up will look at the details relating to it, official sources said on Sunday.

Duleep Trophy: Mulani, Kotian lead India A fightback

Duleep Trophy: Mulani, Kotian lead India A fightback

Rediff.com12 Sep 2024

All-rounder Shams Mulani starred with the ball to spearhead India A's remarkable recovery against India D on Day 1 of the Duleep Trophy match.

Russia backs Pak bid to join BRICS; will India resist this move?

Russia backs Pak bid to join BRICS; will India resist this move?

Rediff.com19 Sep 2024

Dar also said Pakistan views Russia as an important player in the West, South and Central Asia, and strengthening mutually beneficial cooperation with Russia remains an important priority for Pakistan's foreign policy.

Ola Maps navigating beyond 'western apps'

Ola Maps navigating beyond 'western apps'

Rediff.com9 Jul 2024

Bhavish Aggarwal, founder and chief executive officer of Ola, is encouraging developers to switch from Google Maps to Ola Maps. Ola is offering developers a year of free access to Ola Maps on the company's Krutrim Cloud and over Rs 100 crore in free credits. This initiative comes after Ola replaced Google Maps with its own Ola Maps, leading to annual savings of around Rs 100 crore.

'Modi will win with largest majority ever recorded'

'Modi will win with largest majority ever recorded'

Rediff.com25 May 2024

Ron Somers, founder and CEO of India First Group and the former President of leading business advocacy group US-India Business Council said that when Lok Sabha election results are declared on June 4, "I believe that Narendra Modi will win Parliament by the largest majority ever recorded in the country's history.

Duleep Trophy: Pratham, Varma hit centuries as India A dominate

Duleep Trophy: Pratham, Varma hit centuries as India A dominate

Rediff.com14 Sep 2024

Tilak Varma and Pratham smashed centuries as India A dominated the third day of their Duleep Trophy match against India D.

What assurance did Jaishankar give to Maldives

What assurance did Jaishankar give to Maldives

Rediff.com11 Aug 2024

External Affairs Minister S Jaishankar on Sunday concluded a crucial visit to Male, assuring the country's top leadership that the Maldives remains an important partner of India in maintaining peace, stability and prosperity in the Indian Ocean region.

Quad Summit will exchange views on developments in Indo-Pacific: Modi

Quad Summit will exchange views on developments in Indo-Pacific: Modi

Rediff.com22 May 2022

He said he will be visiting Tokyo at the invitation of his Japanese counterpart Fumio Kishida, and noted that in March 2022, he had hosted Kishida for the 14th India-Japan Annual Summit.

'Wealth Is Concentrated In A Few Hands'

'Wealth Is Concentrated In A Few Hands'

Rediff.com30 Jul 2024

'The top 10 per cent of the population should adopt and handhold the bottom 20 per cent of the population as a social responsibility.'

'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.'

BSE hoists the sails for Sensex's 'offshore' voyage

BSE hoists the sails for Sensex's 'offshore' voyage

Rediff.com16 Sep 2024

Tasting success with the relaunch of Sensex derivatives in the onshore market, BSE is preparing for the 'offshore' debut of its 30-share index, which has become synonymous with the domestic markets. Sources in the know said that the India International Exchange (India INX), a subsidiary of BSE, received approval in July from the International Financial Services Centres Authority (IFSCA) to launch Sensex 30 derivatives contracts.

Ex-Arsenal boss Wenger to help develop Indian football

Ex-Arsenal boss Wenger to help develop Indian football

Rediff.com7 Jan 2023

Former Arsenal manager and world governing body FIFA's current chief of global football development, Arsene Wenger will play a role in Indian football's grassroots programmes and talent development.

Adani gives Teachers' Day lecture at college that rejected him

Adani gives Teachers' Day lecture at college that rejected him

Rediff.com5 Sep 2024

Gautam Adani had in the late 1970s applied to join a Mumbai college for education, but the college rejected his application. He did not pursue education but turned to business and went on to build a $220 billion empire. About four-and-a-half decades later, he gets called to the same college to deliver a lecture to students on Teachers Day. Adani had moved to Mumbai at the age of 16 and started working as a diamond sorter.

'India-China Ties Will Be Deeply Strained'

'India-China Ties Will Be Deeply Strained'

Rediff.com22 Oct 2024

'Tensions and dialogue are likely to go hand-in-hand with China.' 'The goal should be to cultivate power so that one can negotiate from a position of strength.'

Russia to help India build small tropical nuclear power plants

Russia to help India build small tropical nuclear power plants

Rediff.com10 Jul 2024

India on Tuesday said cooperation in peaceful uses of nuclear technology is an important pillar of the multifaceted cooperation with Russia, which offered help in building small tropical nuclear power stations.

India's biggest oil, gas bid round gets 4 bidders

India's biggest oil, gas bid round gets 4 bidders

Rediff.com23 Sep 2024

India's biggest oil and gas bid round attracted four bidders that included state-owned ONGC and OIL and private sector Vedanta Ltd, with most blocks getting just two bids, according to Directorate General of Hydrocarbons (DGH). The OALP-IX bid round, where 28 blocks or areas spread over 1.36 lakh square kilometre were offered for finding and producing oil and gas, for the first time saw Reliance Industries Ltd-bp plc combine bidding together with ONGC for one block in Gujarat offshore.

India had a policy to maintain distance, but now...: Modi in Poland

India had a policy to maintain distance, but now...: Modi in Poland

Rediff.com22 Aug 2024

Modi, who is visiting Ukraine at the invitation of President Volodymyr Zelenskyy, has said that he will share with the Ukrainian leader perspectives on peaceful resolution of the ongoing conflict.

Russia eyes partnership with India for COVID-19 vaccine

Russia eyes partnership with India for COVID-19 vaccine

Rediff.com20 Aug 2020

'We believe that India is capable of producing the Gamaleya vaccine and it is very important to say that those partnerships to produce the vaccine will enable us to cover the demand that we have'

India Inc awaits demand uptick to go on capex spree

India Inc awaits demand uptick to go on capex spree

Rediff.com1 Aug 2024

Chief executive officers (CEOs) across sectors have expressed intentions to expand capacities, expecting the government's target to invest a record Rs 11.11 trillion on infrastructure development will act as a catalyst for a jump in consumer demand. "With the government planning a capex of Rs 11.11 trillion, private sector investment will come in a big way. Companies will be preparing for it right from today," H M Bangur, chairman of Shree Cement, told Business Standard. For the past few years, the investment scene in India has been dominated by government capital expenditures; private investments in the manufacturing sector have remained muted.

WazirX looks for white knight; users set to lose 43% funds

WazirX looks for white knight; users set to lose 43% funds

Rediff.com3 Sep 2024

Crypto exchange WazirX has said customers affected by the recent cyber attack will not be able to recover their full funds even as the firm looks to restructure. At a virtual press conference, the firm's advisor said at best the company might look to return 55-57 per cent of the money. "This is what can be returned to users with the benefit of this restructuring," said Jason Kardachi, managing director (restructuring), Kroll.