News for 'Future Ventures'

Sikh body complaints against Kangana for 'derogatory' remarks

Sikh body complaints against Kangana for 'derogatory' remarks

Rediff.com22 Nov 2021

In the complaint, the DSGMC mentioned that Ranaut had intentionally and deliberately portrayed the farmers' protest (Kisan Morcha) as a Khalistani movement and also dubbed the Sikh community as Khalistani terrorists.

As aviation opens up, GE bets on India's wide-body aircraft market

As aviation opens up, GE bets on India's wide-body aircraft market

Rediff.com26 Mar 2022

The slot constraint in Indian airports is also going to play a role in pushing airlines to have wide bodies.

How to secure your family's financial future

How to secure your family's financial future

Rediff.com28 Nov 2017

Use whole life term policies for legacy planning. By doing so, your annual outgo will come down and returns will improve, suggest Chirag Madia and Tinesh Bhasin.

Brahmastra Sets Rs 225 Crore Record

Brahmastra Sets Rs 225 Crore Record

Rediff.com12 Sep 2022

This is the best-ever opening three day collections for a Bollywood film.

British firm to invest up to Rs 1,925 cr in Mahindra's EV biz

British firm to invest up to Rs 1,925 cr in Mahindra's EV biz

Rediff.com8 Jul 2022

Mahindra & Mahindra (M&M) and the British International Investment (BII) have inked a pact to invest Rs 1,925 crore each in a wholly-owned subsidiary of the home-grown auto major to focus on four-wheel passenger electric vehicles. The Mumbai-based automaker and BII have executed a binding agreement to invest in the new entity -- "EV Co". According to the pact, BII will invest up to Rs 1,925 crore in the form of compulsory convertible instruments at a valuation of up to Rs 70,070 crore, resulting in 2.75 per cent to 4.76 per cent ownership in the EV Co, M&M said in a regulatory filing. EV Co will focus on four-wheel (4W) passenger electric vehicles, it added.

Designed with just six-month life, India's Mangalyaan completes 7 years in space

Designed with just six-month life, India's Mangalyaan completes 7 years in space

Rediff.com26 Sep 2021

"Indeed, a satisfying feeling," K Radhakrishnan who as the then Chairman of Indian Space Research Oranisation (ISRO) led the Mars Orbiter Mission (Mangalyaan) team said on achieving the milestone.

PE/VC investments touch all-time high of $9.5 bn in July

PE/VC investments touch all-time high of $9.5 bn in July

Rediff.com16 Aug 2021

Investments by private equity and venture capital funds doubled to a record high of $9.5 billion in July mainly driven by higher investor interest in the e-commerce sector, a report said on Monday. Private equity (PE) and venture capital (VC) investments stood at $4.1 billion in the year-ago period. The activity was higher by 77 per cent when compared to June's $5.4 billion, the report on monthly PE/VC investment activity by industry lobby IVCA and consultancy firm EY said.

The Banking Accidents Have Started

The Banking Accidents Have Started

Rediff.com24 Mar 2023

The failure of SVB was due to idiosyncratic reasons, but shows how higher rates can expose fault lines in unforeseen places, observes Neelkanth Mishra.

India added three 'unicorns' per month in 2021

India added three 'unicorns' per month in 2021

Rediff.com2 Sep 2021

India added three 'unicorns' per month in 2021 to nearly double the overall number of startups valued at over USD 1 billion to 51 as of end-August, a report said on Thursday. Even as, cumbersome regulations are forcing startups to leave India and settle in other countries where they enjoy better treatment, as per the Hurun India, which prepared the list. It can be noted that over the last few years, dedicated efforts have been undertaken to hone the startups ecosystem by the government through flagship initiatives like 'Startup India'.

MG Motor, BPCL in JV to boost EV charging infrastructure

MG Motor, BPCL in JV to boost EV charging infrastructure

Rediff.com25 Apr 2022

Automaker MG Motor India on Monday said it has partnered with Bharat Petroleum Corporation Ltd (BPCL) to bolster EV charging infrastructure across the country. The partnership with BPCL will add momentum to EV adoption by expanding opportunities for intercity travel as the two entities will install EV chargers across highways and within cities, the automaker said in a statement. With BPCL's vast customer reach and operations and MG's strides in the EV space, the two entities can combine expertise to strategically identify charging sites, garner consumer insights, devise loyalty programs, and create technology to manage charging systems, it added.

Electric vehicles steal the limelight of first day of Auto Expo 2023

Electric vehicles steal the limelight of first day of Auto Expo 2023

Rediff.com11 Jan 2023

India's flagship motor show Auto Expo 2023 kicked off on Wednesday with the global unveiling of Suzuki Motor Corporation's concept electric SUV 'eVX' which is slated to hit the market by 2025. The company's Indian arm Maruti Suzuki India is among the major manufacturers participating in the show that has returned after three years. The Concept eVX is a mid-size electric SUV concept designed and developed by Suzuki Motor Corporation (SMC), Japan. It will be powered by a 60 kWh battery pack offering up to 550 km of driving range on single charge.

Prashant Kishor says no party for now, announces 3,000 km Bihar padyatra

Prashant Kishor says no party for now, announces 3,000 km Bihar padyatra

Rediff.com5 May 2022

Kishor held out the possibility of Jan Suraaj metamorphosing into a political party at a latter stage.

What if Kishore Biyani wins the battle against Amazon?

What if Kishore Biyani wins the battle against Amazon?

Rediff.com20 Nov 2020

Experts say Biyani will now become a contract manufacturer of fashion and FMCG products, with the Reliance group being one of his customers.

FRL independent directors threaten to 'expose' Amazon

FRL independent directors threaten to 'expose' Amazon

Rediff.com11 Nov 2021

Independent directors of Future Retail Ltd are collating information and will expose the details of contradiction and misrepresentation made by Amazon before the Competition Commission of India (CCI), said FRL independent director Ravindra Dhariwal. Speaking to PTI, Dhariwal said the independent directors are "collating" all the pieces of information together, going "deeper into each and every representation" which Amazon had made before the CCI and showing how its "intent was totally contradictory." "We are going out to point exactly to CCI, this is what they have told you and this is what the internal documents are saying. "We are going to expose the details of contradiction and details of misrepresentation, which they have made," Dhariwal said adding "We are going to show the true face of Amazon to the whole world". In November 2019, Amazon had acquired a 49 per cent stake in Future Coupons Pvt Ltd (FCPL), a company that holds a stake in FRL.

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.

PE/VCs invest $6.8 bn in Indian cos in November

PE/VCs invest $6.8 bn in Indian cos in November

Rediff.com16 Dec 2021

Investments by private equity and venture capital funds in November stood at $6.8 billion across 102 deals, which is double by value when compared with the pandemic-impacted year-ago period but half of the bets in the preceding month of October, as per a report. In November 2020, such high-risk investors had infused $3.9 billion, while in October, the total investments had stood at $13.1 billion, the monthly data shared by industry lobby IVCA and the consultancy EY said. The overall investments in the first 11 months of the year have touched $72.6 billion, which is 53 per cent higher than the all-time high for a year achieved in 2020, it said.

Narayana Murthy urged to extend support to antitrust probe against Amazon

Narayana Murthy urged to extend support to antitrust probe against Amazon

Rediff.com11 Aug 2021

Indian Sellers Collective (ISC), a trade association of micro and small enterprises and family businesses, on Wednesday urged IT veteran NR Narayana Murthy to cooperate in the Competition Commission of India's antitrust probe against Amazon for alleged anti-competitive practices. In 2014, Murthy's Catamaran and Amazon had formed a joint venture, Prione Business Services. On Monday, the partners announced that they have mutually decided not to continue the JV beyond May 2022. ISC thanked Murthy for deciding to end the joint venture with Amazon.

PS:2: So Who Killed Aditha Karikalan?

PS:2: So Who Killed Aditha Karikalan?

Rediff.com28 Apr 2023

The question 'Who was/were behind Aditha Karikalan's killing?' will continue to remain a historic mystery despite Mani Ratnam setting out to unravel it in his own way, points out N Sathiya Moorthy.

Bihar heading for midterm polls with NDA in turmoil: Chirag

Bihar heading for midterm polls with NDA in turmoil: Chirag

Rediff.com21 Jan 2022

An ugly spat ensued after a JD-U spokesman took potshots at state BJP president Sanjay Jaiswal over his offer of help to family members of those who died in a hooch tragedy in West Champaran district last year.

Intel group company back with chip-making plan in India

Intel group company back with chip-making plan in India

Rediff.com19 Feb 2022

'Our plan to set up a semiconductor facility in India is back on the table'

Ban 2: No more Chinese firms in highway projects

Ban 2: No more Chinese firms in highway projects

Rediff.com1 Jul 2020

India will not allow Chinese companies to participate in highway projects, including those through joint ventures, Union Minister Nitin Gadkari said on Wednesday amid the border standoff with China. Gadakri also said the government will ensure that Chinese investors are not entertained in various sectors like the micro, small and medium enterprises (MSMEs).

IPL will have two-and-half month window in next FTP: Shah

IPL will have two-and-half month window in next FTP: Shah

Rediff.com14 Jun 2022

BCCI secretary Jay Shah spoke on a range of subjects related to Indian cricket, IPL's place in the global cricket calendar, running the cricket establishment in times of COVID-19 and the road ahead for both Indian cricket and IPL.

Starting a new venture? Choose a co-founder wisely

Starting a new venture? Choose a co-founder wisely

Rediff.com23 Jun 2014

Starting a new business is always exciting.

From the brink to recovery, India's retail sector pins hope on 2021

From the brink to recovery, India's retail sector pins hope on 2021

Rediff.com29 Dec 2020

With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the New Year. In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach $1.3 trillion by 2025. It all started with Ambani's Reliance Industries agreeing in August to buy assets of the nation's second-largest retailer for Rs 24,713 crore, just a year after Bezos' Amazon purchased an indirect stake in the indebted Future Retail.

'I have an issue with my father. Pls help'

'I have an issue with my father. Pls help'

Rediff.com14 Dec 2022

In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.

'Brilliant businesses were not built on money, but on great ideas'

'Brilliant businesses were not built on money, but on great ideas'

Rediff.com6 Feb 2023

'People will say a lot of things -- ignore the noise.'

Dropout Who Built $100 Mn PhysicsWallah

Dropout Who Built $100 Mn PhysicsWallah

Rediff.com13 Jun 2022

'With our focus and strategy we can solve at least 20 per cent per cent of India's education problems.'

Future Group's appetite for food is taking a new form

Future Group's appetite for food is taking a new form

Rediff.com25 May 2011

The Kishore Biyani-led group is scaling up operations with Foodhall, its latest venture in the food retail space, which would offer a different format to cater to the growing aspirations of consumers.

'The women loved Elaben'

'The women loved Elaben'

Rediff.com4 Nov 2022

'Who would think of making a bank of poor women? She had vision and boldness.'

'Adani port project will be an environmental disaster'

'Adani port project will be an environmental disaster'

Rediff.com28 Nov 2022

'People should realise that what we are fighting for today is actually for tomorrow, for future generations.'

The Woes Of Wayanad Continue

The Woes Of Wayanad Continue

Rediff.com19 Apr 2023

Away from the distraction of its new high-profile politics, Wayanad's worries seemed very down to earth, discovers Shyam G Menon.

De Beers chief on the future of diamond trade in India

De Beers chief on the future of diamond trade in India

Rediff.com20 Apr 2018

Despite various challenges, the past year was a good one, says Bruce Cleaver, chief executive officer of the De Beers Group, the global corporation that has been the leading one in all aspects of the diamond trade for over a century.

Nexus CEO on the future and India growth story

Nexus CEO on the future and India growth story

Rediff.com15 Jul 2009

Suvir Sujan talks about his company's vision, investment plans and belief in the Indian growth story.

Tatas are committed to make Air India a world-class airline: Chandra

Tatas are committed to make Air India a world-class airline: Chandra

Rediff.com27 Jan 2022

"The strategic divestment transaction of Air India successfully concluded today with transfer of 100 per cent shares of Air India to M/s Talace Pvt Ltd along with management control," DIPAM secretary Tuhin Kanta Pandey said in a tweet. A new board, led by the strategic partner, takes charge of Air India, he added.

Beckham invests in esports with London-based start-up

Beckham invests in esports with London-based start-up

Rediff.com25 Jun 2020

Former England soccer captain David Beckham is moving into the virtual world as co-owner of London-based start-up Guild Esports. Guild said in a statement on Thursday that it will launch player academies and run teams in various esports arenas including Rocket League, EA Sports, FIFA and Fortnite.

More trouble for Franklin Templeton MF schemes

More trouble for Franklin Templeton MF schemes

Rediff.com3 Aug 2020

Due to default in payment, the securities of FICL and NDIL will be valued at zero basis AMFI standard hair cut matrix, and interest accrued and due will be fully provided.

Coming soon: A 'Tendulkar Drive', 'Kohli Crescent' and 'Dev Terrace'

Coming soon: A 'Tendulkar Drive', 'Kohli Crescent' and 'Dev Terrace'

Rediff.com15 Jun 2020

A new housing estate is luring buyers with a 'Tendulkar Drive', 'Kohli Crescent' and 'Dev Terrace'.

Is Sharad Pawar Buying Insurance?

Is Sharad Pawar Buying Insurance?

Rediff.com5 May 2023

Sharad Pawar reckons that the NCP has value as a united, going concern, not as a gaggle of leaders in search of followers, notes Shreekant Sambrani.

Will end of Bezos-Murthy's e-com JV hit Amazon's biz?

Will end of Bezos-Murthy's e-com JV hit Amazon's biz?

Rediff.com27 Aug 2021

Last year in January at Amazon's flagship event Smbhav, Infosys Co-founder N R Narayana Murthy had to shorten his keynote speech from 20 minutes to about five because the event was delayed by 1.5 hours. "I will try to finish it in five minutes, because I am not used to delays," said Murthy, while addressing hundreds of micro, small and medium enterprises (MSMEs) about building businesses that last. In the audience was Amazon founder Jeff Bezos. Murthy referred to Bezos' prediction that the 21st century will be the Indian century. "That confidence enhances our enthusiasm," said Murthy. The relationship between Murthy and Bezos dates to 2014, when Prione, a 49:51 joint venture (JV) between Amazon and Murthy's venture capital company Catamaran, was formed.