News for 'Foundation Capital'

Reliance to invest Rs 75,000 crore in UP in 4 years: Ambani

Reliance to invest Rs 75,000 crore in UP in 4 years: Ambani

Rediff.com10 Feb 2023

Reliance Industries Ltd will invest Rs 75,000 crore in rolling out 5G mobile telephony services, expanding retail network and setting up renewable energy capacity in Uttar Pradesh in the next four years, its chairman Mukesh Ambani said on Friday. Ambani also announced foray of the oil-to-telecom conglomerate into bio-energy business, converting agriculture waste into gas which can be used as fuel in industries, run automobiles or light kitchen stoves. Speaking at the Uttar Pradesh Global Investors Summit 2023 here, Ambani said his group will set up 10 GigaWatts of renewable energy capacity and roll out 5G services across the state in the next 10 months.

Can Jeetega Bharat Campaign Win 2024?

Can Jeetega Bharat Campaign Win 2024?

Rediff.com4 Dec 2023

Jeetega Bharat has selected 125 Lok Sabha seats across the country where it will assist the Opposition alliance.

'Hopefully I'll get company' Rai optimistic of Indian team's chances

'Hopefully I'll get company' Rai optimistic of Indian team's chances

Rediff.com21 Sep 2023

India's only Asian Games individual medallist in recurve section, Tarundeep Rai, feels at least one from the men's archery team could win a medal in the Hangzhou edition and end a 13-year-long drought in the continental showpiece.

Adhir's 'Raavan' jibe after Shah linked Cong protests to Ram temple

Adhir's 'Raavan' jibe after Shah linked Cong protests to Ram temple

Rediff.com6 Aug 2022

Adhir Ranjan Chowdhury accused the ruling dispensation of resorting to diversionary tactics.

How 'Namo Bharat' will transform Delhi-Meerut commute

How 'Namo Bharat' will transform Delhi-Meerut commute

Rediff.com21 Oct 2023

Semi-high-speed 'Namo Bharat' train services on the 17-km priority section of India's first Regional Rapid Transit System (RRTS) rail corridor will be opened for people from Saturday morning.

Will Monsoon Session Be Another Washout?

Will Monsoon Session Be Another Washout?

Rediff.com27 Jul 2023

The productivity of the Budget session was abysmal. The Lok Sabha functioned for 33% of its scheduled time (46 hours); the Rajya Sabha 24% (32 hours).

Why PSU Banks Should Be Held Accountable

Why PSU Banks Should Be Held Accountable

Rediff.com8 Nov 2023

If they are made accountable, bad loan cases will shrink dramatically, recoveries will rise, and the NCLT process will be more manageable, asserts Debashis Basu.

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

Modi flags off Kerala's 1st Vande Bharat train, launches Kochi Water Metro

Modi flags off Kerala's 1st Vande Bharat train, launches Kochi Water Metro

Rediff.com25 Apr 2023

Kerala Governor Arif Mohammed Khan, Chief Minister Pinarayi Vijayan and Congress MP Shashi Tharoor were also present with the PM as he interacted with the students inside the train.

US Diaspora Disappointed At Modi's Curtailed Event

US Diaspora Disappointed At Modi's Curtailed Event

Rediff.com18 Jun 2023

'The PM was gracious enough to delay his departure from DC by a few hours, and granted a slot for the diaspora meeting.'

Adani family's partners used 'opaque' funds to invest in stocks: OCCRP

Adani family's partners used 'opaque' funds to invest in stocks: OCCRP

Rediff.com31 Aug 2023

Hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based 'opaque' investment funds by partners of promoter family, the Organised Crime and Corruption Reporting Project (OCCRP) alleged on Thursday. The fresh allegations by an organisation funded by likes of George Soros and Rockefeller Brothers Fund come months after a US short seller wiped away close to $150 billion in value of Adani group stocks with allegations of accounting fraud, stock price manipulation and improper use of tax havens by the ports-to-energy conglomerate run by billionaire Gautam Adani. Adani group has denied all allegations. Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the "mysterious" investors bought and sold Adani stock through such offshore structures.

Rahul in Kerala as Congress firefights in Punjab

Rahul in Kerala as Congress firefights in Punjab

Rediff.com29 Sep 2021

The Congress leadership, though, has insisted that "all is well" in Punjab, despite the turmoil caused by the resignation of Sidhu and other leaders.

Global Dark Economy Clouds Hover Over India

Global Dark Economy Clouds Hover Over India

Rediff.com30 Aug 2023

'Rhetoric and chest-thumping are running high on India's recent growth record.'
'But will the giant waves developing elsewhere allow us to sail smoothly into fair winds?' asks Debashis Basu.

Top Performers: Abhishek, Klaasen star for SRH, Marsh for Delhi

Top Performers: Abhishek, Klaasen star for SRH, Marsh for Delhi

Rediff.com30 Apr 2023

While Abhishek Sharma and Heinrich Klaasen starred with the willow for SRH, Mitchell Marsh's all-round show went in vain as Delhi went down at home.

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.

Top Performers: Shaw-Warner

Top Performers: Shaw-Warner

Rediff.com11 Apr 2022

Prithvi Shaw (51) and David Warner (61) steered Delhi Capitals to a flying start.

Mukesh Ambani completes 20 years as Reliance boss

Mukesh Ambani completes 20 years as Reliance boss

Rediff.com28 Dec 2022

Mukesh Ambani, who took over the reins of Reliance Industries Ltd (RIL) after the sudden demise of his legendary industrialist father Dhirubhai Ambani, completes 20 years at the helm during which the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global conglomerate.

ICC WC PHOTOS: Australia drub Netherlands for record win

ICC WC PHOTOS: Australia drub Netherlands for record win

Rediff.com25 Oct 2023

IMAGES from the match between Australia and The Netherlands, played in New Delhi on Wednesday.

King takes a walk down memory lane as WTA completes five decades

King takes a walk down memory lane as WTA completes five decades

Rediff.com20 Jun 2023

For Billie Jean King, her leading role in the foundation of the WTA half a century ago ranks above the many successes she enjoyed on court.

Titans take on Knight Riders, eye third straight win

Titans take on Knight Riders, eye third straight win

Rediff.com8 Apr 2023

Defending champions Gujarat Titans will be eyeing a hat-trick of victories, while Kolkata Knight Riders, fresh from their decimation of Royal Challengers Bangalore, will be keen to show that win was not a flash in the pan when the two sides clash in the IPL in Ahmedabad on Sunday.

America's largest Hindu temple inaugurated in New Jersey

America's largest Hindu temple inaugurated in New Jersey

Rediff.com9 Oct 2023

The grand dedication ceremony of Akshardham in Robbinsville, New Jersey was conducted on Sunday in the presence of Mahant Swami Maharaj following a nine-day celebration that commenced on September 30.

Indian markets have limited upside in the near-term; buy the dips: Nomura

Indian markets have limited upside in the near-term; buy the dips: Nomura

Rediff.com13 Jun 2023

Indian equity markets have a limited upside potential in the near-term as they negotiate the ensuing cyclical slowdown, wrote analysts at Nomura in a recent coauthored report led by Saion Mukherjee, their managing director and head of equity research for India. He, however, believes that the foundations are in place for sustainable growth over the medium-to-long term, and hence suggests a 'buy on dips' strategy to equity investors. As an investment strategy, Nomura prefers domestic-oriented sectors and companies over exporters, and prefers stocks that provide valuation comfort. Industrials and banks are their overweight sectors, while IT services and consumer discretionary are their underweight sectors.

BJP rule brought MP out of BIMARU category, says Shah; releases report card

BJP rule brought MP out of BIMARU category, says Shah; releases report card

Rediff.com20 Aug 2023

He said the people of the state took a historic decision in 2003 by removing the government of "Mr Bantadhar", apparently referring to senior Congress leader and former chief minister Digvijaya Singh.

Rupee falls 16 paise to record low of 77.60 against USD

Rupee falls 16 paise to record low of 77.60 against USD

Rediff.com18 May 2022

The rupee on Wednesday declined by 16 paise to close at its fresh lifetime low of 77.60 against the US dollar amid unabated foreign fund outflows and a stronger greenback in overseas markets. At the interbank foreign exchange market, the rupee opened lower at 77.57 and later hit the day's low of 77.61 as the dollar rebounded in global markets following hawkish comments from US Federal Reserve chief Jerome Powell. Crude oil prices also surged over 1 per cent, which weighed on the rupee.

Is Technology Important In Banking?

Is Technology Important In Banking?

Rediff.com14 Mar 2024

'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'

Pooran, Punjab Kings donate to help India fight COVID

Pooran, Punjab Kings donate to help India fight COVID

Rediff.com30 Apr 2021

Punjab Kings batsman Nicholas Pooran will donate a portion of his IPL salary to help the Indian people as the country battles a severe second wave of the COVID-19 pandemic.

Can't wait to return, says Apple CEO Tim Cook on last day of India visit

Can't wait to return, says Apple CEO Tim Cook on last day of India visit

Rediff.com21 Apr 2023

After a five-day long visit, Apple CEO Tim Cook left India with a note that he can't wait to return to the country. The visit of Cook coincided with 25 years of the iPhone maker's presence in India. Cook arrived in India on Monday. The visit started with the launch of the first official Apple store in Mumbai on April 18 followed by a second in the national capital on April 20.

WPL Photos: Kerr powers MI to win as RCB sign off with loss

WPL Photos: Kerr powers MI to win as RCB sign off with loss

Rediff.com21 Mar 2023

Royal Challengers Bangalore signed off the inaugural Women's Premier League with a loss as Mumbai Indians registered a four-wicket win.

The State Has Rolled The Dice Of Growth

The State Has Rolled The Dice Of Growth

Rediff.com25 Sep 2023

After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.

Manipur violence set to rock Parliament's Monsoon Session

Manipur violence set to rock Parliament's Monsoon Session

Rediff.com19 Jul 2023

The situation in Manipur and the Delhi services ordinance are set to dominate the Monsoon session of Parliament beginning Thursday with the Opposition gearing up to raise these issues to corner the government.

What led to collapse of over 100 buildings in Shimla

What led to collapse of over 100 buildings in Shimla

Rediff.com22 Aug 2023

Overburdening of hills with construction coupled with saturation of soil and seepage seem to be responsible for landslides in Shimla city, said Principal Scientific Officer, Himachal Pradesh Council for Science Technology and Environment (HIMCOSTE) S S Randhawa.

Turning Point: Sai's Partnerships With Shankar, Miller

Turning Point: Sai's Partnerships With Shankar, Miller

Rediff.com5 Apr 2023

Calm was the need of the hour and the batters understood that to the T. They converted the singles into twos, scored the odd boundary every over and played no false shots.

From Kingsway to Kartavya Path, the journey of majestic Rajpath

From Kingsway to Kartavya Path, the journey of majestic Rajpath

Rediff.com8 Sep 2022

From witnessing the dawn of Independence to playing host to annual Republic Day celebrations for over seven decades, the historic Rajpath in India's power capital has seen the colonial rule and basked in the glory of a free, democratic nation.

IPL teams, players donate for COVID-19 relief efforts

IPL teams, players donate for COVID-19 relief efforts

Rediff.com11 May 2021

A look at what the IPL teams and players are doing to support the people of India in this massive battle against the deadly coronavirus.

What's next for Serena Williams?

What's next for Serena Williams?

Rediff.com9 Aug 2022

Serena has backed early stage companies for nearly a decade.

Can Stalin Repeat 2019 Lok Sabha Result In 2024?

Can Stalin Repeat 2019 Lok Sabha Result In 2024?

Rediff.com5 Jan 2024

Stalin still enjoys a lot of sympathy and empathy as someone wishing well for the state, but not full-throated support as in 2019 and 2021, notes N Sathiya Moorthy.

PIX: India celebrates Festival of Lights

PIX: India celebrates Festival of Lights

Rediff.com12 Nov 2023

Despite the national capital recording its best air quality on Diwali day in eight years, pollution levels may rise due to low night temperatures and sporadic burning of firecrackers though there is a ban on their manufacture, storage, sale and use within the city.

Can Shivaji's capital Raigad regain its old glory?

Can Shivaji's capital Raigad regain its old glory?

Rediff.com28 Mar 2017

Maharashtra has a rich wealth of forts, more than any other state in the country. 'If nothing is done, some of the small forts may simply disappear in the next 50 years.'

In rare act SC overturns HC order, convicts accused ex-MP in murder case

In rare act SC overturns HC order, convicts accused ex-MP in murder case

Rediff.com18 Aug 2023

Observing that it was dealing with a case which was an "exceptionally painful episode of our criminal justice system", the Supreme Court on Friday convicted former Lok Sabha MP from Bihar Prabhunath Singh in a 1995 double murder case, overturning the orders of the trial court and the Patna high court acquitting him.

Poll star Sitharaman woos middle class, women with tax and savings sops

Poll star Sitharaman woos middle class, women with tax and savings sops

Rediff.com1 Feb 2023

Finance Minister Nirmala Sitharaman on Wednesday raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tight rope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections.