News for 'FT'

'We want to be trust marker for the fintech industry'

'We want to be trust marker for the fintech industry'

Rediff.com28 Sep 2024

'So, we would work with our members to ensure that we as an SRO create some sort of due diligence for fintechs.'

Keep water level at Mullaperiyar dam at 139 ft till August 31: SC

Keep water level at Mullaperiyar dam at 139 ft till August 31: SC

Rediff.com24 Aug 2018

The dam is located on the Western Ghats near Thekkady in Idukki district of Kerala on the Periyar river.

Army Created Bridge Overnight In Wayanad

Army Created Bridge Overnight In Wayanad

Rediff.com1 Aug 2024

Despite facing inclement weather, rising water levels and the challenges of working through the night, the Madras Engineers Group team completed the bridge at landslide-hit Choorlamala in Wayanad.

Japan's Nikkei to buy FT Group for $1.3 bn

Japan's Nikkei to buy FT Group for $1.3 bn

Rediff.com23 Jul 2015

The deal did not include the FT Group's 50 per cent stake in The Economist magazine.

New initiatives, margin gain hopes positives for Delhivery

New initiatives, margin gain hopes positives for Delhivery

Rediff.com27 Nov 2024

Logistics major Delhivery has had promising Q2FY25 results. The Q2FY25 consolidated revenue was Rs 2,190 crore (up 0.8 per cent quarter-on-quarter or Q-o-Q and 12.8 per cent year-on-year or Y-o-Y). Express parcel revenue was Rs 1,300 crore, (up 1.7 per cent Q-o-Q/7.3 per cent Y-o-Y) alongside better yield (+5 per cent Y-o-Y) in the segment.

Is This A Good Time To Buy A House?

Is This A Good Time To Buy A House?

Rediff.com23 Sep 2024

Experts say you should be certain of living in a city and locality for a long time before purchasing a home.

Infosys to lay groundwork for LIC's digital transformation

Infosys to lay groundwork for LIC's digital transformation

Rediff.com17 Sep 2024

State-owned Life Insurance Corporation (LIC) announced on Monday that it had signed up tech giant Infosys to develop a next-generation digital platform that will act as the foundation for new high-value business applications, such as customer and sales super apps, portals, and digital branches. The financial terms of the deal remain undisclosed. The tie-up with Infosys is part of LIC's "long-drawn" strategy, said a senior executive of India's biggest insurer, who noted that the IT giant "won the bid to develop the next-generation platform through a request for proposal (RFP) process".

Wine maker Sula Vineyard eyes double-digit growth on premiumisation

Wine maker Sula Vineyard eyes double-digit growth on premiumisation

Rediff.com24 Jun 2024

Raising toast to 25 successful years, India's largest wine maker Sula Vineyard is eyeing a sustained double-digit growth in revenue over the next five years, buoyed by growth in the premium and elite categories and expansion of its new ranges. It was during Covid that the vineyards shifted focus to its own brands and pivoted towards growing the premium and elite segment of the market.

Mahayuti Win Will Boost Adani's Dharavi Plan

Mahayuti Win Will Boost Adani's Dharavi Plan

Rediff.com23 Nov 2024

The Opposition had promised to scrap the Dharavi redevelopment project if it came to power. With the Mahayuti's massive mandate in the Maharashtra assembly election, that prospect has been laid to rest.

Why Punjab pacer Gurnoor Brar was called up for India's nets in Chennai

Why Punjab pacer Gurnoor Brar was called up for India's nets in Chennai

Rediff.com14 Sep 2024

Gurnoor Brar has been drafted in specifically to get some simulation for the high-arm action of Bangladesh pacer Nahid Rana

Upper-teens EPS growth likely for Gland Pharma in next two financial yrs

Upper-teens EPS growth likely for Gland Pharma in next two financial yrs

Rediff.com13 Nov 2024

Gland Pharma beat muted expectations for Q2FY25. There was increased Ebitda (Earnings before interest, taxes, depreciation and amortisation) loss at Cenexi, the CRAM subsidiary. However, overall Ebitda margin was better than expectations at 21.1 per cent. But given two years of earnings decline in FY23 and FY24, the business may have bottomed and upper-teens EPS (earnings per share) growth looks possible over next two financial years.

PM unveils 12-ft statute of Adi Shankara in Kedarnath

PM unveils 12-ft statute of Adi Shankara in Kedarnath

Rediff.com5 Nov 2021

Modi said he was at a loss of words to describe what he felt while he was sitting before the statue.

Mumbai hoarding crash: Owner of ad co has 23 cases, was held for rape

Mumbai hoarding crash: Owner of ad co has 23 cases, was held for rape

Rediff.com15 May 2024

After Monday's hoarding crash in which at least 14 people died, he has been absconding, while a case under IPC section 304 (causing death by negligence) was registered against him at Pantnagar police station in the city.

'Where Has The Money Gone? Whose Coffers Did It Go To?'

'Where Has The Money Gone? Whose Coffers Did It Go To?'

Rediff.com15 Nov 2024

'Crores of rupees have been spent on paper but nothing has actually happened on the ground.'

Rahul promises 500 sq ft houses for slum-dwellers in Mumbai

Rahul promises 500 sq ft houses for slum-dwellers in Mumbai

Rediff.com2 Mar 2019

Gandhi said, "I am saying in 10 days, but I assure you it will do done within two days."

Want To Buy A Bungalow For Rs 325 Crore?

Want To Buy A Bungalow For Rs 325 Crore?

Rediff.com1 Mar 2024

Enquiries indicate it belongs to an industrialist with links to a prominent cricketer.

Ansal sells 17.5 million sq ft of land

Ansal sells 17.5 million sq ft of land

Rediff.com17 Feb 2011

Ansal has received bookings for 1.66 million sq ft of space in January.

Nepal bus tragedy victims from Jalgaon: Fadnavis

Nepal bus tragedy victims from Jalgaon: Fadnavis

Rediff.com23 Aug 2024

Maharashtra Deputy Chief Minister Devendra Fadnavis on Friday said the passengers onboard the bus that fell 150 metres into a river in central Nepal were from Jalgaon district in the state as per preliminary information, and efforts are on to bring them back.

CJI Chandrachud: A legacy of landmark verdicts that shaped society, row

CJI Chandrachud: A legacy of landmark verdicts that shaped society, row

Rediff.com9 Nov 2024

While that created a stir so did the decision on his penultimate day at work with the Supreme Court rechristening its summer vacation "partial court working days", an issue that has led to criticism that the apex court judges enjoyed long breaks.

Everyone is a MS Dhoni fan: SRH players praise CSK legend

Everyone is a MS Dhoni fan: SRH players praise CSK legend

Rediff.com7 Apr 2024

After the end of the Indian Premier League 2024 match between Chennai Super Kings (CSK) and Sunrisers Hyderabad (SRH) on Friday, the Hyderabad-based franchise players praised MS Dhoni and said that everyone is a fan of him.

Shapoorji's mega plan: 13 million sq ft of residential real estate

Shapoorji's mega plan: 13 million sq ft of residential real estate

Rediff.com31 Mar 2017

According to property experts, this is the biggest plan by any developer at the moment.

Wah, there's a Taj Mahal in Kashmir

Wah, there's a Taj Mahal in Kashmir

Rediff.com14 Mar 2024

Did the Taj just move to Sonmarg?

Avenue Supermarts regains Rs 3-trillion m-cap; stock zooms 23% in 1 month

Avenue Supermarts regains Rs 3-trillion m-cap; stock zooms 23% in 1 month

Rediff.com12 Apr 2024

Shares of Avenue Supermarts, which owns and operates the DMart stores, hit a two-year high of Rs 4,710.15 as they surged nearly 6 per cent on the BSE in Thursday's (April 4) intraday trade after reporting strong revenue growth in the January-March quarter (Q4) of the previous financial year (FY24). DMart, in the Q4FY24 pre-quarter update, said the company reported 20 per cent growth in standalone revenue from operations at Rs 12,393 crore, as against Rs 10,337 crore in the third quarter (Q3) of 2022-23 (FY23), driven by a 7 per cent growth in revenue per store and a robust 13 per cent year-on-year (Y-o-Y) increase in store additions. In Q3 of 2021-22, the company reported revenue of Rs 8,606 crore and in Q3 of 2020-21, it posted revenue of Rs 7,303 crore.

Is This The Secret Of Kareena's Happy Marriage?

Is This The Secret Of Kareena's Happy Marriage?

Rediff.com18 Jun 2024

Ranbir-Raha's adorable pic... John goes retro...Priyanka's day out with Malti Marie...

Mumbai flat sold for Rs 1.25 lakh a sq ft!

Mumbai flat sold for Rs 1.25 lakh a sq ft!

Rediff.com22 May 2008

Cinestar and BJP MP Vinod Khanna has bought a residential apartment at Malabar Hill, in the tony South Mumbai area, from Citibank for Rs 1.25 lakh a sq ft. Khanna has paid Rs 31.25 crore for the 2,500 sq ft flat. The sale price was four times higher than the reserve price of Rs 32,000 per sq ft.

IIM-A slips 8 places on FT Masters in Management rankings

IIM-A slips 8 places on FT Masters in Management rankings

Rediff.com17 Sep 2013

In the latest rankings for masters in management released by Financial Times, the country's premier management institute has slipped eight places down and is ranked at Number 18.

Andhra rains: Vijayawada flooded, over 2.7L affected, says Naidu

Andhra rains: Vijayawada flooded, over 2.7L affected, says Naidu

Rediff.com1 Sep 2024

Chief Minister N Chandrababu Naidu reviewed the weather situation with senior officials and asked them to incorporate technologies such as drones to assess the deluge and accordingly plan the relief works.

China's iSpace rocket fails soon after launch, 3 satellites lost

China's iSpace rocket fails soon after launch, 3 satellites lost

Rediff.com12 Jul 2024

A Chinese rocket start-up has suffered yet another launch failure, resulting in the loss of three satellites as part of a commercial constellation being assembled for global weather forecasting and earthquake prediction.

PIX: Two friends build Eiffel Tower from recycled wood

PIX: Two friends build Eiffel Tower from recycled wood

Rediff.com20 Feb 2024

Frederic Malmezac, a 38-year-old carpenter, paired up with 46-year-old Sylvain Bouchard to build the model, using wood that would otherwise have been thrown away.

Justice Khanna to take oath as CJI on Monday, Justice Chandrachud retires

Justice Khanna to take oath as CJI on Monday, Justice Chandrachud retires

Rediff.com10 Nov 2024

Justice Sanjiv Khanna, who has been part of several landmark Supreme Court judgements such as scrapping the electoral bonds scheme and upholding abrogation of Article 370, will be sworn in as the 51st Chief Justice of India on Monday.

At 22 ft, this Ganesha is made from paper and clay

At 22 ft, this Ganesha is made from paper and clay

Rediff.com2 Sep 2019

A Mumbai-based pandal has designed an idol that reduces pollution and ocean waste and urges its visitors to contribute smartly towards a social cause.

Reliance invested $125 bn in capex in last 10 years

Reliance invested $125 bn in capex in last 10 years

Rediff.com31 Mar 2024

Reliance Industries Ltd invested over $125 billion in the last ten years as it undertook massive expansion in hydrocarbon and telecom businesses, a report said, estimating that the conglomerate's investments in the next three years would be in relatively less capex-heavy retail and upstream new energy. Reliance is coming out of a series of long and intensive capex cycles (hydrocarbons and telecom).

Ispat may sell Mumbai flats at Rs 50,000/sq ft

Ispat may sell Mumbai flats at Rs 50,000/sq ft

Rediff.com18 Jan 2008

Steel producer Ispat Industries is hoping to sell its property at Mumbai's Pedder Road at a rate of about Rs 50,000 per sq.ft. The company may sell the property as duplex flats, implying an area of 8,000 sq ft, costing approximately Rs 40 crore (Rs 400 million), or as single flats of 4,000 sq ft, valued at Rs 20 crore (Rs 200 million).

Realty: Demand to cross 1,000-mn sq ft mark soon

Realty: Demand to cross 1,000-mn sq ft mark soon

Rediff.com25 Sep 2008

"Indian demand for real estate across office, retail, residential and hospitality sectors is expected to cross 1,000 million sq ft by 2012," said Cushman & Wakefield and GRI in The Metamorphosis, a report on India Real Estate Investment for 2008. The residential segment continues to drive real estate demand with 687 million sq ft, contributing 63 per cent throughout the term under consideration, the report said.

EC notice to Engineer Rashid on poll expenditure ahead of oath taking as LS MP

EC notice to Engineer Rashid on poll expenditure ahead of oath taking as LS MP

Rediff.com3 Jul 2024

The notice requested Rashid or a representative of his to appear before the district expenditure monitoring committee within two days to address the discrepancy and ensure timely submission of the expenditure report to the Election Commission of India.

In home and office, India's real estate market is charting a course for growth

In home and office, India's real estate market is charting a course for growth

Rediff.com8 Jun 2024

India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).

History and Mystery in Egypt

History and Mystery in Egypt

Rediff.com8 Oct 2024

Time travel in the land of the pharaohs.

PHOTOS: Modi unveils 108-ft statue of Lord Hanuman

PHOTOS: Modi unveils 108-ft statue of Lord Hanuman

Rediff.com16 Apr 2022

The statue is the second of the four statues being built in the four directions across the country.

US Open PIX: Sinner battles into quarters; Medvedev cruises

US Open PIX: Sinner battles into quarters; Medvedev cruises

Rediff.com3 Sep 2024

Images from the men's singles Round of 16 matches at the US Open on Monday.