News for 'Dhabi Group'

Asia Cup in UAE: India-Pak set for explosive showdown

Asia Cup in UAE: India-Pak set for explosive showdown

Rediff.com26 Jul 2025

The men's Asia Cup will be held in the United Arab Emirates (UAE) from September 9 to 28, Asian Cricket Council chairman Mohsin Naqvi announced on Saturday.

Samson in trouble? Ashwin hints Gill may take his place

Samson in trouble? Ashwin hints Gill may take his place

Rediff.com20 Aug 2025

Ravichandran Ashwin has raised a big question mark over Sanju Samson's place in India's Asia Cup 2025 playing XI, warning that the wicketkeeper-batter's spot could be under serious threat

India the team to beat as Asia Cup battle commences

India the team to beat as Asia Cup battle commences

Rediff.com8 Sep 2025

India, for all their internal debates and external expectations, look like the one side that has clarity of purpose. And clarity, in high-pressure tournaments, often counts for more than raw talent.

Historic! Uzbekistan, Jordan qualify for FIFA World Cup

Historic! Uzbekistan, Jordan qualify for FIFA World Cup

Rediff.com6 Jun 2025

Uzbekistan earn first World Cup qualification, Australia, Jordan close in

Rejected by Pakistan, Kaleem Makes History

Rejected by Pakistan, Kaleem Makes History

Rediff.com20 Sep 2025

On Friday night in Abu Dhabi, that same man -- now 43 and wearing Oman's colours -- stood tall against cricket's biggest stars and proved that dreams have no expiry date.

'There's No Justice With Shreyas lyer'

'There's No Justice With Shreyas lyer'

Rediff.com21 Aug 2025

'He adds stability in the middle order and there were spots where he could have slotted in.'

Air India, AI Express resume flights to Middle East

Air India, AI Express resume flights to Middle East

Rediff.com25 Jun 2025

Air India and Air India Express on Tuesday progressively resumed their services to the Middle East, with flights to Dubai and Muscat, respectively, as countries in the region reopened their airspaces.

Abu Dhabi's IHC exits two Adani firms

Abu Dhabi's IHC exits two Adani firms

Rediff.com28 Sep 2023

Abu Dhabi's International Holding Company, one of the first high-profile investors in billionaire Gautam Adani's conglomerate, has decided to sell its stake in two Adani companies. In a disclosure, IHC said it has "entered into a definitive agreement with a buyer to dispose of its FDI investment in Adani Green Energy Ltd and Adani Transmission Ltd". It, however, did not name the buyer.

Why Vacation Costs Are On The Rise

Why Vacation Costs Are On The Rise

Rediff.com8 Jul 2025

The primary drivers: Geopolitical disruptions inflating fuel and operational costs, and a surge in travel demand.

Stokes in race with Brooks, Livingstone for Eng ODI captaincy

Stokes in race with Brooks, Livingstone for Eng ODI captaincy

Rediff.com6 Mar 2025

'Ben Stokes is one of the best captains I've ever seen. So it would be stupid not to look at him.'

All that work in Abu Dhabi allowed us to come back from that big deficit: Pope

All that work in Abu Dhabi allowed us to come back from that big deficit: Pope

Rediff.com28 Jan 2024

Ollie Pope, whose sensational 196 formed the core of England's 28-run win over India in the first Test in Hyderabad, said on Sunday that he practiced those sweeps and reverse sweeps extensively before arriving on these shores.

LIC's Adani group portfolio value surges 51.6% at Rs 66,000 crore

LIC's Adani group portfolio value surges 51.6% at Rs 66,000 crore

Rediff.com3 Jun 2024

Government-owned Life Insurance Corporation of India (LIC) has seen substantial gains from its investments in Adani group shares, which have experienced a significant recovery over the past year. The value of LIC's stake in Adani group companies surged by 51.6 per cent, or Rs 22,591 crore, reaching Rs 66,388 crore as of Friday's close. This compares to Rs 43,797 crore on May 31 last year, according to stock exchange data.

Premier League sponsorship regulations 'void and unenforceable'

Premier League sponsorship regulations 'void and unenforceable'

Rediff.com15 Feb 2025

The decision follows a legal challenge by Manchester City against the league's Associated Party Transaction (APT) rules, which regulate commercial deals between clubs and companies linked to their owners if considered above fair market value.

Dhoni to join T10 League? Rumours swirl...

Dhoni to join T10 League? Rumours swirl...

Rediff.com19 Oct 2024

Shaji Ul Mulk, T Ten Global Sports Founder and Chairman, believes the prospect of seeing India icon Mahendra Singh Dhoni in the T10 format could be a possibility.

Manchester City claim win in legal battle with EPL

Manchester City claim win in legal battle with EPL

Rediff.com8 Oct 2024

Reigning champions City are also involved in a separate independent hearing into the club's alleged breaches of Premier League financial regulations which began in September, with a verdict expected some time before the end of the current season.

Security concerns plague women's sport

Security concerns plague women's sport

Rediff.com12 Mar 2025

'Although one-in-five women in the UK will experience stalking at some point in their lives, there are no scientific studies around the stalking of athletes.'

Lulu IPO ends with 25X oversubscription, becomes largest IPO in UAE this year

Lulu IPO ends with 25X oversubscription, becomes largest IPO in UAE this year

Rediff.com7 Nov 2024

Lulu Retail announced on Wednesday that its initial public offering (IPO) was oversubscribed 25 times across all tranches, excluding cornerstone investors, generating demand exceeding $37 billion-a record for a private sector IPO in the United Arab Emirates. The company is controlled by Kerala-based business tycoon MA Yusuff Ali. The final offer price for Lulu shares was set at AED 2.04 per share, raising a total of $1.72 billion (AED 6.32 billion), making it the largest IPO in the UAE in 2024 to date.

Planning A Trip To Dubai? Read This

Planning A Trip To Dubai? Read This

Rediff.com6 Sep 2024

The bulk of Indian carriers flying to Dubai are low-cost carriers, which include IndiGo, Air India Express, and SpiceJet.

Amazing, Awesome, Stunning Photographs!

Amazing, Awesome, Stunning Photographs!

Rediff.com4 Mar 2025

The 2025 Sony World Photography Awards has announced its National and Regional Award winners, celebrating talent from 56 countries.

Despite US indictment, Adani still has a few supporters

Despite US indictment, Adani still has a few supporters

Rediff.com28 Nov 2024

Abu Dhabi's International Holding Company (IHC), one of the largest sovereign funds that manages assets close to $100 billion, has reaffirmed its support to the Adani Group, saying its outlook on investments in the group remains unchanged despite the US indictment of the conglomerate's founder chairman Gautam Adani. "Our partnership with the Adani Group reflects our confidence in their contributions to the green energy and sustainability sectors," IHC, one of Adani group's key foreign investors, said in a statement.

UAE shoots down 2 ballistic missiles fired by Houthis over Abu Dhabi

UAE shoots down 2 ballistic missiles fired by Houthis over Abu Dhabi

Rediff.com24 Jan 2022

The attack did not result in any human losses, it said, adding that the remnants of the intercepted and destroyed ballistic missiles fell in separate areas around Abu Dhabi.

'This Is Your Chance, India'

'This Is Your Chance, India'

Rediff.com14 Feb 2025

'You don't need massive industry or huge energy resources.' 'You could start with just 3 or 4 people in a coffee shop and invent the world.'

Adani group to prepay $130 million debt to boost investor confidence

Adani group to prepay $130 million debt to boost investor confidence

Rediff.com9 May 2023

Billionaire Gautam Adani's group on Tuesday said it will prepay $130 million of debt as it looks to boost investor confidence post being targeted by a US short-seller. Adani Ports and Special Economic Zone, the ports company of the Adani Group, had last month floated a tender to buy back as much as $130 million of its July 2024 bonds and similar amounts in each of the next four as it looked to regain investor confidence by showing that its liquidity position is comfortable. In a stock exchange filing, APSEZ said an aggregae principal amount of $412.7 million was validly tendered.

Reliance to invest in Abu Dhabi petrochemical hub

Reliance to invest in Abu Dhabi petrochemical hub

Rediff.com29 Jun 2021

Billionaire Mukesh Ambani's Reliance Industries has signed a pact to invest an undisclosed amount in a giant petrochemical hub being built in the UAE. The oil-to-telecom conglomerate will join the recently-formed Ta'ziz joint venture of Abu Dhabi state energy giant Adnoc and state holding company ADQ for developing the Ruwais Derivatives Park in western Abu Dhabi. A company statement said an agreement has been signed for Reliance to invest in the project but did not give details. Unconfirmed reports put the investment at about $1.5 billion.

Did Rohit's heroics end Matthew Wade's career?

Did Rohit's heroics end Matthew Wade's career?

Rediff.com30 Oct 2024

Matthew Wade has revealed that his team's defeat to India in the T20 World Cup earlier this year was probably the moment that ended his career as it was the first time that the thought of retirement crossed his mind.

Livingstone excited to join RCB's power-packed lineup

Livingstone excited to join RCB's power-packed lineup

Rediff.com27 Nov 2024

Livingstone, who made his IPL debut in 2019 with Rajasthan Royals, spent the last three seasons with Punjab Kings where the middle-order batter scored 827 runs in the world's richest Twenty20 league.

Women's T20 World Cup: India take on Pakistan on October 6

Women's T20 World Cup: India take on Pakistan on October 6

Rediff.com27 Aug 2024

Defending champions Australia are clubbed alongside India, New Zealand, Pakistan and Sri Lanka in Group A.

Lulu group chairman Yusuff Ali undergoes spinal surgery in UAE

Lulu group chairman Yusuff Ali undergoes spinal surgery in UAE

Rediff.com16 Apr 2021

NRI businessman and Lulu group chairman M A Yusuff Ali, who had a miraculous escape on April 11 after his helicopter crash-landed on marshy land in Kochi, has undergone a spinal surgery at a hospital in Abu Dhabi, the company said.

Adani group refutes report on loans from PSBs

Adani group refutes report on loans from PSBs

Rediff.com6 Sep 2022

Richest Indian Gautam Adani's conglomerate has cited an improved net debt to operating profit ratio and more than halving of loans from public sector banks to allay concerns about it being overleveraged. In a 15-page note in response to CreditSights report calling the group overleveraged, it said companies in the group have consistently de-levered, with the net debt to Ebitda ratio declining to 3.2 times from 7.6 times in the last nine years. "The businesses operate on a simple yet robust and repeatable business model focused on development and origination, operations and management and capital management plan," the note, reviewed by PTI, said.

Byju's to raise $600 mn, in talks with Abu Dhabi's sovereign wealth funds

Byju's to raise $600 mn, in talks with Abu Dhabi's sovereign wealth funds

Rediff.com24 Oct 2022

Byju's is planning to raise $500-600 million from Abu Dhabi's sovereign wealth funds and existing investors, according to sources, as the start-up world is facing a funding freeze. The educational technology (edtech) giant targets profitability by March next year. "There is no change in Byju's valuation. The new fundraising process is still going on," said a person familiar with the matter. "Any new valuation would be determined in the futureByju's is planning to raise $500-600 million from Abu Dhabi's sovereign wealth funds and existing investors, according to sources, as the start-up world is facing a funding freeze. The educational technology (edtech) giant targets profitability by March next year. "There is no change in Byju's valuation. The new fundraising process is still going on," said a person familiar with the matter. "Any new valuation would be determined in the future as it is very tough for investors to do that in this environment." as it is very tough for investors to do that in this environment."

Adani Group begins $130 mn debt buyback, first since Hindenburg report

Adani Group begins $130 mn debt buyback, first since Hindenburg report

Rediff.com24 Apr 2023

Adani Ports and Special Economic Zone (APSEZ) on Monday started the first debt buyback programme since billionaire Gautam Adani's conglomerate was targeted by a US short-seller in January. APSEZ floated a tender to buy back as much as $130 million of its July 2024 bonds and similar amounts in each of the next four quarters, it said in an exchange filing, as it looks to regain investor confidence by showing that its liquidity position is comfortable. Shares of Adani group companies pummelled after Hindenburg Research in a January 24 report accused it of accounting fraud and improper use of offshore tax havens for stock manipulation.

'AI Might Enslave Or Annihilate Us'

'AI Might Enslave Or Annihilate Us'

Rediff.com10 Dec 2024

'It is the first technology in history which is not just a tool, it is an agent.' Yuval Noah Harari on the dangers on AI.

Hyundai Gears Up For Rs 27,856 Crore IPO

Hyundai Gears Up For Rs 27,856 Crore IPO

Rediff.com10 Oct 2024

India's second-largest passenger vehicles firm will be valued at Rs 1.59 trillion at the top-end of the price band of Rs 1,865-Rs 1,960.

Bharti to buy Bangladesh mobile operator

Bharti to buy Bangladesh mobile operator

Rediff.com16 Dec 2009

The eight-member SAARC region includes Bangladesh, Bhutan, Maldives, Nepal, Pakistan, India, Sri Lanka and Afghanistan. Gupta also hoped that the 3G auction would take place on time.

Champions League: Messi's PSG to face Man City in group stage

Champions League: Messi's PSG to face Man City in group stage

Rediff.com26 Aug 2021

Barcelona were drawn in Group E with Bayern Munich, Benfica and Dynamo Kyiv.

Hindu groups see red over namaaz inside Lucknow's Lulu Mall

Hindu groups see red over namaaz inside Lucknow's Lulu Mall

Rediff.com14 Jul 2022

A controversy broke out after a video purportedly showing a group of people offering namaaz in Lulu Mall in Lucknow surfaced on social media, leading to a protest by a right-wing Hindu group that also filed a police complaint.

Changing complexion: Adani stocks now have prominent investor base

Changing complexion: Adani stocks now have prominent investor base

Rediff.com24 Apr 2024

Amid intense scrutiny from short-sellers and regulators, Adani group stocks have seen a significant shift in their shareholder base: Relatively opaque foreign portfolio investors (FPIs) have given way to more recognisable investors and broad-based funds. The list of large public shareholders - those directly holding at least 1 per cent - is now dominated by entities, such as the state-owned Life Insurance Corporation (LIC), US-based GQG Partners, Abu Dhabi-based International Holding Company, and Qatar Investment Authority's INQ Holding.

'In All Oscars We Have Won, India Has Played A Role'

'In All Oscars We Have Won, India Has Played A Role'

Rediff.com28 Aug 2024

'When I started to step into the West in 2006, I believed India was not going to be the back end.' 'I understood that no film-maker wants to believe that they are outsourcing their creativity to a low-end place.' 'The application of technology in the hands of our Indian artistes is identical to any of our artists in the West.' 'Nobody in the world can say this shot was done in India and that in London.'

Adani slips to No 30, group stocks lose Rs 12 lk cr in 1 month

Adani slips to No 30, group stocks lose Rs 12 lk cr in 1 month

Rediff.com26 Feb 2023

Gautam Adani was the world's third and Asia's richest man a month back but a damning report by a US firm triggered a massive sell-off in shares of his apples-to-airport group, plunging his own wealth by $80 billion and the tycoon slipping to No.30 on the world billionaire index. Adani's sprawling conglomerate, which spans from sea ports to airports, edible oil and commodities, energy, cement and data centres, is under attack by US short-seller Hindenburg Research, which successfully deflated electric-vehicle maker Nikola Motors in 2020. Hindenburg, which held short positions in unidentified shares of Adani Group firms through its US-traded debt and offshore derivatives, on January 24 accused the conglomerate of "brazen stock manipulation and accounting fraud" and using a number of offshore shell companies to inflate stock prices.