News for 'Development Prospects Group'

Want To Buy A New Home? Read This

Want To Buy A New Home? Read This

Rediff.com20 Oct 2023

Look at the sanctioned plan to know the exact carpet area you will get and pay a law firm to conduct a thorough title check.

Adani group strikes first coal from its Carmichael mine in Australia

Adani group strikes first coal from its Carmichael mine in Australia

Rediff.com25 Jun 2021

The Adani group struck first coal from its Carmichael, Australia project on Thursday and will start shipping to its customers according to schedule. With this, the project will not only lift the economic prospects of the hitherto barren Australian outback, but also help Indian power plants to source cheap coal. The project had faced protests from a section of population with several banks even refusing to fund it. The group, however, went ahead with the project which included construction of a brand new railway line connecting an Australian port to the mine -- situated 300 kilometers away in Queensland.

Shinde calms Shiv Sena lawmakers over Ajit Pawar joining govt

Shinde calms Shiv Sena lawmakers over Ajit Pawar joining govt

Rediff.com6 Jul 2023

A section of Shiv Sena lawmakers had raised certain concerns after the NCP faction led by Ajit Pawar joined the one-year-old Shinde-BJP government.

Forget football, these Brits are obsessed with kabaddi!

Forget football, these Brits are obsessed with kabaddi!

Rediff.com26 Mar 2024

Dawtrey said he was planning to quit his job in May and travel to India to train in an academy affiliated with Pro Kabaddi side UP Yoddha.

'Ambani, Adani, Tata will move to Dubai if India imposes inheritance tax'

'Ambani, Adani, Tata will move to Dubai if India imposes inheritance tax'

Rediff.com8 May 2024

'Sweden removed the inheritance tax because many of the rich were fleeing. For example, the owner of IKEA had migrated out of Sweden'

GST prospects get ambiguous again

GST prospects get ambiguous again

Rediff.com25 Jul 2016

Last week, a Rajya Sabha committee had allocated five hours for discussion on GST.

'India to see stable growth; prospects depends on reforms'

'India to see stable growth; prospects depends on reforms'

Rediff.com13 Nov 2014

The members of Association of Southeast Asian Nations are Indonesia, Malaysia, the Philippines, Thailand, Vietnam, Brunei Darussalam, Singapore, Cambodia, Lao PDR and Myanmar.

Tata Technologies IPO becomes the new buzzword of Street, investors

Tata Technologies IPO becomes the new buzzword of Street, investors

Rediff.com27 Nov 2023

Her reasoning is simple, "It's a Tata company. No shareholder will let go of this opportunity," she told Business Standard. When asked if the other reason for lining up for the IPO is the technology sector and the fact that the combination of Tata and tech is happening after almost two decades, she replied: "The name of the company and the group matter. Tata means stability and credibility," she added.

Retail broking industry's top line set for a five-year leap: Bain & Company

Retail broking industry's top line set for a five-year leap: Bain & Company

Rediff.com11 Dec 2023

The retail broking industry's top line could more than double over the next five years, according to the estimates of consultancy firm Bain & Company. The industry, which facilitates stock market trading for investors, has already witnessed its revenues double from Rs 14,000 crore during 2018-19 (FY19) to Rs 27,000 crore in 2022-23 (FY23), reflecting an annualised growth rate of 17 per cent. "This growth has been fuelled by the emergence of India's mass-affluent and affluent segments, coupled with increasing financial literacy.

Realty stocks' rally may hit valuation hurdle

Realty stocks' rally may hit valuation hurdle

Rediff.com18 Jan 2024

Shares of real estate firms have been outperforming over the past year. The rally, analysts say, may hit roadblocks in the near term amid stretched valuations, even as the long-term prospects for the sector remain ebullient. "Most of the positive news flow is already in the price. Hence, investors sitting on hefty profits may partially cash out at current levels," suggests V K Vijayakumar, chief investment strategist at Geojit Financial Services.

BRICS to admit 6 new countries from Jan 1, 2024

BRICS to admit 6 new countries from Jan 1, 2024

Rediff.com24 Aug 2023

Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates have been invited to join the grouping.

Team Shinde MLAs have started revolting: Sena UBT MP

Team Shinde MLAs have started revolting: Sena UBT MP

Rediff.com6 Jul 2023

Some MLAs (from Shinde bloc) have been sending messages that they want to "seek forgiveness from 'Matoshree'.

Top real estate developers see more consolidation coming in 2021

Top real estate developers see more consolidation coming in 2021

Rediff.com5 Jan 2021

Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.

Want To Buy A Home? Read This Please!

Want To Buy A Home? Read This Please!

Rediff.com12 Jun 2023

Prospective buyers must make a well-considered decision regarding whether this is the right time to buy a house, particularly with home loan rates at near-peak levels, and the risk of job losses looming in many sectors.

Adani group joins race to buy Air India, may submit EoI by March

Adani group joins race to buy Air India, may submit EoI by March

Rediff.com25 Feb 2020

Apart from the Adani group, the Tata group, the Hinduja group, Indigo and a New York-based fund, Interups, are expected to submit EoIs.

IPL 2024: How god-fearing Mayank turned struggle into success

IPL 2024: How god-fearing Mayank turned struggle into success

Rediff.com31 Mar 2024

The Delhi youngster had had his fair share of struggles while transforming from a frail 15-year-old to a frighteningly quick fast bowler.

World Bank pits India as fastest-growing economy

World Bank pits India as fastest-growing economy

Rediff.com5 Jun 2017

Even as the World Bank has revised India's growth figures by 0.4 percentage points as compared to its January forecast, India remains the fastest growing major economy in the world, the World Bank officials said.

Brain Drain 2.0 Is Taking Place In India

Brain Drain 2.0 Is Taking Place In India

Rediff.com28 Sep 2023

The migration of domestically developed intellectual property to foreign corporations within India reflects an anomaly in the demand pattern of the country's job market, points out Kanika Datta.

US chipmaker AMD to invest $400 mn in India

US chipmaker AMD to invest $400 mn in India

Rediff.com28 Jul 2023

US chipmaker Advanced Micro Devices (AM) on Friday announced a $400 million investment in India over the next five years and said it will build its largest design centre in Bengaluru. AMD chief technology officer Mark Papermaster made the announcement at the annual semiconductor conference in the presence of Prime Minister Narendra Modi. Undeterred by Taiwan's Foxconn pulling out of his group's $20 billion semiconductor-making venture, mining baron Anil Agarwal said the first phase of Vedanta's chip-making project will be ready in two-and-a-half years.

Revealed! BJP's gameplan to breach 400+ LS seats

Revealed! BJP's gameplan to breach 400+ LS seats

Rediff.com19 Mar 2024

The BJP is focusing determinedly on the seats it lost in 2019, with the hope of winning these either independently or with the aid of its allies.

Moderation in demand is where the shoe pinches for footwear majors

Moderation in demand is where the shoe pinches for footwear majors

Rediff.com28 Aug 2023

Notwithstanding lower growth rates recorded in the first quarter (Q1) of 2023-24 (FY24), which spanned from April to June, footwear stocks have seen some gains in the past two trading sessions. Bata India saw an increase of approximately 5 per cent, driven by positive expectations surrounding a potential tie-up in the sports/athleisure segment. This development is viewed favourably due to the segment's higher growth rates.

BJP looks for 2024 soar after ending 2023 on happy note

BJP looks for 2024 soar after ending 2023 on happy note

Rediff.com30 Dec 2023

Following the party's sweep of assembly elections in three Hindi heartland states against the odds, the BJP's brain trust is now busy game-planning as to how it can improve on its 2019 Lok Sabha election tally of 303 seats.

Manipur: Political Will, Legal Process Need Of Hour

Manipur: Political Will, Legal Process Need Of Hour

Rediff.com15 Sep 2023

No process can offer a panacea for ethnic conflict, but there are times at which a legal process could work to defuse violence, asserts Supreme Court lawyer Devvrat.

What worked for BJP in Chhattisgarh

What worked for BJP in Chhattisgarh

Rediff.com3 Dec 2023

Against predictions by most exit polls that the ruling Congress had an edge in the state, the BJP banked heavily on the charisma of the PM.

World Bank pegs India's GDP growth at 7.3%

World Bank pegs India's GDP growth at 7.3%

Rediff.com6 Jun 2018

India retains the tag of the fastest growing country among the world's major emerging economies

A Lot At Stake For India In US' Indo-Pacific Strategy

A Lot At Stake For India In US' Indo-Pacific Strategy

Rediff.com28 Sep 2023

India is increasingly a willing participant in the evolving US' Indo-Pacific strategy. While these developments are related to the perception of a growing Chinese security challenge, their implications for India's much-vaunted strategic autonomy should be a matter of deeper and closer reflection, asserts former foreign secretary Shyam Saran.

Lodha-owned Indsur Group acquires CDA Contracts

Lodha-owned Indsur Group acquires CDA Contracts

Rediff.com11 May 2014

The acquisition of CDA Contracts was completed by Indsur Group through its UK-headquartered arm Indsur Nevron Eurotherm Ltd.

OECD raises prospects for global GDP, cuts it for India

OECD raises prospects for global GDP, cuts it for India

Rediff.com17 Sep 2020

While most economies contracted in the second quarter of 2020, the Chinese economy grew by 3.2 per cent.

What Is A Start-Up Visa? How You Can Get One?

What Is A Start-Up Visa? How You Can Get One?

Rediff.com11 Mar 2024

Businesspersons who have the potential to contribute to the economy of a country are given a red carpet welcome by way of a start-up visa.

Centre releases first ever list of 30 critical minerals

Centre releases first ever list of 30 critical minerals

Rediff.com29 Jun 2023

In a significant move to enhance its strategic resource security, India has officially released its first-ever critical minerals list, identifying 30 key critical minerals crucial to the nation's economic growth and technological development. This pioneering step aims at reducing import dependence, enhancing supply-chain resilience, and supporting the country's net-zero objectives. Union Minister Parliamentary Affairs, Coal and Mines Pralhad Joshi, while releasing the Critical Minerals for India report in New Delhi on Wednesday, said, "India is readying for an Atmanirbhar Bharat."

Al Qaeda helping regional proxy to spread to J-K, says UN report

Al Qaeda helping regional proxy to spread to J-K, says UN report

Rediff.com27 Jul 2023

Terror group Al Qaeda is "shaping" its regional affiliate in the Indian subcontinent to spread its operations into Jammu and Kashmir, Bangladesh and Myanmar, according to a UN report.

Lack of valuation comfort may enhance gains in capital goods sector

Lack of valuation comfort may enhance gains in capital goods sector

Rediff.com12 Dec 2023

Existing optimism about the capital goods sector has been enhanced by the Assembly election results, which were favourable for the BJP. The prospects of political continuity led to renewed interest in the sector. There are demand-supply gaps, especially in power, and visibility of improved pricing and strong order flows, including from private enterprises.

Some headwinds emerge for India's cement sector amidst high valuations

Some headwinds emerge for India's cement sector amidst high valuations

Rediff.com1 Oct 2023

The sector may be overcrowded with a fair number of large players and the entry of the Adani Group through its two key acquisitions, followed by the takeover of majority stake in Sanghi Industries via Ambuja Cements. Since every major player is in expansion mode, there could be a capacity surplus and hence, price wars.

Robust Q2, demand trends to put out welcome mat for realty stocks

Robust Q2, demand trends to put out welcome mat for realty stocks

Rediff.com16 Oct 2023

The S&P BSE Realty Index has emerged as one of the top-performing sectors, yielding a remarkable 45 per cent return over the past six months. The three leading players, listed by market capitalisation, have substantially enriched investor wealth by 43-70 per cent during this period. If the second quarter (Q2) of 2023-24 (FY24) updates from Macrotech Developers (Lodha) and Sobha, along with industry data for the quarter, serve as any indication, the trend of strong bookings for larger players is expected to continue.

Office mkt remains appealing for long-term investors seeking stable returns

Office mkt remains appealing for long-term investors seeking stable returns

Rediff.com13 Apr 2023

The Indian office real estate market, which had recovered significantly in early 2022, began to slow down in the latter half due to macroeconomic problems in the developed world. Rental yields are likely to be stable at best in FY24.

Mining an opportunity: Firm, transparent laws key to attract investments

Mining an opportunity: Firm, transparent laws key to attract investments

Rediff.com8 Aug 2023

Parliament has cleared the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, recently. The objective of the Act is to invite investments from the private sector, including foreign companies, for mining minerals such as lithium and other critical minerals. Other than lithium, some of these minerals were classified as atomic minerals, including beryl and beryllium, niobium, titanium, tantalum and zirconium.

Will build on privileged strategic ties with India: Russia

Will build on privileged strategic ties with India: Russia

Rediff.com31 Mar 2023

In the document, Russia underlined that it will build on a privileged strategic partnership with India with a view to enhance and expand cooperation in all areas on a mutually beneficial basis.

'2024 poll will be major event for mid/smallcaps'

'2024 poll will be major event for mid/smallcaps'

Rediff.com19 Dec 2023

'It will dictate the flow of funds into the index. We will maintain caution on mid/smallcaps.'

'Adani has deep pockets...'

'Adani has deep pockets...'

Rediff.com17 Oct 2023

'Adani can attract vessels at a much lower cost to Vizhinjam as he has the financial muscle to do so.'