News for 'Financial Times of London'

How To Invest In Gold, Silver?

How To Invest In Gold, Silver?

Rediff.com22 Dec 2023

Commodity investments can help you diversify your portfolio in asset classes other than equity and debt, says Dwaipayan Bose.

Arthur, Bradburn and Puttick resign from PCB

Arthur, Bradburn and Puttick resign from PCB

Rediff.com19 Jan 2024

Meanwhile, the sports ministry has asked the PCB not to offer a long-term contract to its incumbent director of cricket Mohammad Hafeez yet, who came into the role after the 50-overs World Cup last year.

PCB unhappy with ICC's revenue sharing model

PCB unhappy with ICC's revenue sharing model

Rediff.com16 May 2023

"In principle, India should get more, there is no doubt about that but ... how is this table being developed?" Sethi said.

Mithali expects equal respect, financial gains post World Cup show

Mithali expects equal respect, financial gains post World Cup show

Rediff.com25 Jul 2017

"We have done exceptionally well and I am sure it is different phase for women's cricket back in India," the 34- year-old said at a special reception hosted for the team by the Indian High Commissioner to the UK, Y K Sinha, on Monday.

ICC readies back-up pitch to negate protesters

ICC readies back-up pitch to negate protesters

Rediff.com7 Jun 2023

If the pitch gets hampered then the match officials will assess the pitch and see whether it is in good condition to play or not if yes they will continue playing on the same and if not then they will look at the other pitch condition and take a call on whether they can play on the other one or not, according to ANI.

India-Pak clash fails to ignite spark. What went wrong?

India-Pak clash fails to ignite spark. What went wrong?

Rediff.com10 Sep 2023

Empty stands not good advertisement for cricket's greatest rivalry

New party linked to 26/11 attack mastermind Hafiz Saeed to contest Pak polls

New party linked to 26/11 attack mastermind Hafiz Saeed to contest Pak polls

Rediff.com5 Feb 2024

India has also taken note of reports of Saeed's son Talha contesting elections in Pakistan and said the "mainstreaming" of radical terror outfits in the neighbouring country is nothing new and that it has been part of its State policy for a long time.

Oil prices surge after OPEC+ cut output

Oil prices surge after OPEC+ cut output

Rediff.com3 Apr 2023

The Oil prices have surged and surpassed $85 per barrel after several oil producer countries announced surprise cuts in production, TASS Agency reported. According to the Russian News Agency, this is the first time since March 7 that the price of futures contracts of Brent crude oil surged. The price of futures contracts of Brent crude oil for June 2023 delivery on London's ICE surpassed $85 per barrel.

Near-term demand worries to weigh on Hindalco stocks

Near-term demand worries to weigh on Hindalco stocks

Rediff.com20 Aug 2023

Hindalco's first quarter (Q1FY23) results indicate healthy domestic volumes for aluminium and copper, and lower cost of production. Subsidiary Novelis saw weak volume trends but it managed to push operating profit margins on a better mix and pricing hikes. The weak global outlook on aluminium is a cause for ongoing concern.

Hindujas's 1.2 Billion Project Makes Waves

Hindujas's 1.2 Billion Project Makes Waves

Rediff.com22 Jan 2022

'Our family philosophy is to build a bridge between India and Britain.'

'Aster DM's plan is to be among top three in India'

'Aster DM's plan is to be among top three in India'

Rediff.com27 Jan 2024

'Now that we are a pure-play India business, many investors are open to investing.'

What British PM-elect Rishi Sunak has promised

What British PM-elect Rishi Sunak has promised

Rediff.com24 Oct 2022

Indian-origin Rishi Sunak, who will take over as Britain's prime minister from Liz Truss, on Monday promised 'stability and unity' as his priority.

Infy in $1.6 bn deal with telco Liberty Global

Infy in $1.6 bn deal with telco Liberty Global

Rediff.com16 Aug 2023

Information technology major Infosys and Liberty Global, a London-based telecom firm, signed a 1.5 billion (about $1.64 billion) deal for five years to evolve and scale up the telco's digital entertainment and connectivity platforms, the companies said in a joint statement on Tuesday. As part of the expanded collaboration agreement, the size of the contract will touch 2.3 billion (about $2.5 billion) if extended to 8 years. The collaboration allows Liberty Global to realise run-rate savings of over 100 million (about $109 million) per annum, inclusive of other savings and technology investments, Infosys said in a statement.

India swings into action as reports say 50 students forced into slavery in UK

India swings into action as reports say 50 students forced into slavery in UK

Rediff.com10 Feb 2023

The Indian high commission in London on Friday appealed for students to contact the mission for help and counselling amid fears that over 50 of them may have become victims of modern slavery while working at care homes in North Wales.

About time Modi spends money on military!

About time Modi spends money on military!

Rediff.com9 Jul 2021

The political-electoral calculus favours spending thousands of crores on vanity projects like Sardar Patel's statue and the Central Vista over building up our military to handle the confrontations and conflicts that loom large, points out Ajai Shukla.

Isha, Akash, Anant Ambani appointed to Reliance board

Isha, Akash, Anant Ambani appointed to Reliance board

Rediff.com28 Aug 2023

Billionaire Mukesh Ambani's children -- Isha, Akash and Anant -- on Monday were appointed on the board of his energy-to-technology conglomerate Reliance Industries Ltd, in what is seen as a clear path of succession planning at India's most valuable company.

FT Rankings: Where do IIMs stand?

FT Rankings: Where do IIMs stand?

Rediff.com17 Sep 2018

The Indian Institute of Management-Ahmedabad is the second best in Asia.

Mikes in our Parliament are silenced: Rahul tells British MPs

Mikes in our Parliament are silenced: Rahul tells British MPs

Rediff.com6 Mar 2023

Congress leader Rahul Gandhi told British parliamentarians in London on Monday that functioning microphones in the Lok Sabha are often silenced against the Opposition.

Bankers tried to create illegal investment arm for Anil: FSA

Bankers tried to create illegal investment arm for Anil: FSA

Rediff.com15 Dec 2011

According to a report in the Financial Times, two UBS bankers tried to create Pleuri, an offshore vehicle through which Ambani 'could illegally invest in securities at home'.

Modi's Cult Of Personality

Modi's Cult Of Personality

Rediff.com10 Mar 2023

'It was more than ego.' 'It carried with it a sincere belief that he was the quintessence of the country, that the country's destiny was irrevocably intertwined with his destiny.' An excerpt from T J S George's The Dismantling of India: In 35 Portraits.

Neeyat Review: It's Not Boring But...

Neeyat Review: It's Not Boring But...

Rediff.com7 Jul 2023

Neeyat is not only sluggish, it also creates zero interest in the characters. It could, perhaps, be watched on OTT, where it is inevitably headed, feels Deepa Gahlot.

Income tax dept ends survey at BBC after nearly 60 hours

Income tax dept ends survey at BBC after nearly 60 hours

Rediff.com16 Feb 2023

The income tax department's marathon "surveys" at BBC's offices ended on Thursday, after clocking over 58 hours in total, as officials prepared an inventory of financial data from select staffers and collected digital and paper data.

MCX ties up with FTSE group

MCX ties up with FTSE group

Rediff.com29 Jul 2009

Jignesh Shah-promoted MCX Stock Exchange (MCX SX) will partner London-based index calculator FTSE to create new index opportunities for the Indian financial markets.

ED books BBC India for foreign exchange violations, seeks documents

ED books BBC India for foreign exchange violations, seeks documents

Rediff.com13 Apr 2023

The federal probe agency has also called for documents and the recording of statements of some company executives under provisions of the FEMA, they said.

BBC chairman resigns after row over loan deal for BoJo

BBC chairman resigns after row over loan deal for BoJo

Rediff.com28 Apr 2023

The 67-year-old former Goldman Sachs banker, who has been the chairman of the UK taxpayer-funded licence fee-backed British Broadcasting Corporation (BBC), said the investigation found he had breached the governance code for public appointments.

Tough times ahead for Hindalco

Tough times ahead for Hindalco

Rediff.com11 Nov 2011

Weakness in LME prices of copper and aluminium to hurt company in second half.

'Modi has wasted his time with religious things'

'Modi has wasted his time with religious things'

Rediff.com16 Jan 2020

'Outside investors don't want to get tangled up in a religious war.'

Indian legal system a hurdle for aircraft lessors: Air India to govt

Indian legal system a hurdle for aircraft lessors: Air India to govt

Rediff.com12 Dec 2022

Tata Group-owned Air India has informed the Centre that aircraft lessors wish to set up their special purpose vehicles (SPVs) outside India since they aren't enthused about the Indian 'legal structure' and are loath to take risks. Indian airlines have a combined fleet of about 700 planes; over 85 per cent are on lease. A majority of lessors are based in Ireland due to its attractive tax policy, light-touch regulations, and swift legal system.

Transfers: Chelsea sign Fofana from Leicester

Transfers: Chelsea sign Fofana from Leicester

Rediff.com31 Aug 2022

Chelsea have completed the transfer of defender Wesley Fofana from Leicester City, both Premier League sides said on Wednesday, with the Frenchman signing a seven-year contract with the west London club.

'Congress is fighting with bows and arrows whereas BJP has cannons'

'Congress is fighting with bows and arrows whereas BJP has cannons'

Rediff.com23 Aug 2023

'The Congress is not pragmatic about politics or about people.' 'Rahul's intention is good, but good intention does not win you elections.'

Air India takes Rs 60,800 cr cover for its fleet

Air India takes Rs 60,800 cr cover for its fleet

Rediff.com26 Apr 2022

Air India, under its new Tata management, has taken a Rs 60,800 crore ($8 billion) cover by paying Rs 266 crore premium to a clutch of insurance companies, including Tata AIG General Insurance. The airline managed to get a better deal as it valued its fleet lower by almost $2 billion. The new management held extensive negotiations - both in India and London, to get a good deal considering the rising premiums due to the ongoing Russia-Ukraine war.

Sensex rose 456 points to close at 60,571

Sensex rose 456 points to close at 60,571

Rediff.com13 Sep 2022

Benchmark Sensex rallied 455 points and Nifty rose more than 133 points to close above the key 18,000-mark for the first time since April on Tuesday as foreign institutional investors continued to be bullish on the domestic market. Continuing its rally for the fourth straight session, the 30-share Sensex rose 455.95 points or 0.76 per cent to close at 60,571.08 points. The broader Nifty climbed 133.70 points or 0.75 per cent to settle at 18,070.05 points. Previously, the Nifty had closed above the 18,000-mark on April 4 this year.

Engineer hails IPL being 'envy of the world' but says Test cricket can't be...

Engineer hails IPL being 'envy of the world' but says Test cricket can't be...

Rediff.com7 Jun 2023

Former Indian cricketer Farokh Engineer hailed IPL being the 'envy of the world' but said Test cricket cannot be sacrificed.

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.

Historic! Rishi Sunak to be UK's 1st Indian-origin PM

Historic! Rishi Sunak to be UK's 1st Indian-origin PM

Rediff.com24 Oct 2022

Rishi Sunak on Monday is all set to make history on Diwali as Britain's first Indian-origin prime minister after being elected unopposed as the new leader of the governing Conservative Party, following Penny Mordaunt's withdrawal from the race.

UK court rejects Nirav Modi's bail plea for the fourth time

UK court rejects Nirav Modi's bail plea for the fourth time

Rediff.com12 Jun 2019

In her judgment handed down at the Royal Courts of Justice in London, Justice Ingrid Simler concluded there are "substantial grounds" to believe that the 48-year-old fugitive diamantaire would fail to surrender as he does possess the means to "abscond".

India's deep discounts on Russian crude will stay

India's deep discounts on Russian crude will stay

Rediff.com6 Dec 2022

Even as the Group of Seven (G7) price cap on Russian crude oil enters into force as of December 5, India has been assured it will continue to receive the existing deep discounts on Russian oil, for the time being, informed officials. "We have been assured by our Russian partners of uninterrupted crude supplies at the existing rates for the time being. "There were a lot of reports of changes in (India's) buying patterns after the global price cap took hold.

Govt has ambitious plans for the GIFT City

Govt has ambitious plans for the GIFT City

Rediff.com1 Feb 2022

The government on Tuesday said it will allow setting up of world-class foreign universities in Gandhinagar's GIFT City, free from domestic regulations, to facilitate availability of skilled manpower in the financial services space. In addition, an international arbitration centre will be set up in the GIFT City for timely settlement of disputes under international jurisprudence, Finance Minister Nirmala Sitharaman said while presenting the Union Budget for 2022-23. The centre could be on the lines of the Singapore International Arbitration Centre, or the London Commercial Arbitration Centre.

Citi to raise headcount at hedge fund unit

Citi to raise headcount at hedge fund unit

Rediff.com29 Mar 2010

The hedge fund servicing unit would be headed by John Nicholson, a former Barclays Capital executive, who would become the managing director in Citi's US trading team, the Financial Times reported.

'A simple guy despite being a billionaire'

'A simple guy despite being a billionaire'

Rediff.com5 Sep 2022

'He was the most thoughtful corporate person I encountered.'