News for 'Global Network'

NIA charges 17 ISIS men over radicalising youth, making IEDs

NIA charges 17 ISIS men over radicalising youth, making IEDs

Rediff.com3 Jun 2024

The NIA had originally chargesheeted three persons in March 2023 and filed its supplementary chargesheet before the special court at Patiala House in New Delhi on Monday against 17 others, of whom 15 are from Maharashtra and one each from Uttarakhand and Haryana, it said.

Hyundai global boss pushes electric vehicle credentials on India visit

Hyundai global boss pushes electric vehicle credentials on India visit

Rediff.com9 Aug 2023

Korean automaker Hyundai Motor Group (HMG) is vigorously aiming to establish a robust presence in India's electric vehicle (EV) segment through the introduction of new models and the establishment of charging stations under Hyundai Motor India (HMIL) and Kia India. Euisun Chung, executive chairman of HMG, who is currently visiting India, urged both companies to deliver products that not only meet but exceed customer expectations on time, thus driving the achievement of these growth targets. The group is strategically working to elevate Kia's market share from the current 6.7 per cent to an impressive 10 per cent in India in the near future.

'Wealth Is Concentrated In A Few Hands'

'Wealth Is Concentrated In A Few Hands'

Rediff.com30 Jul 2024

'The top 10 per cent of the population should adopt and handhold the bottom 20 per cent of the population as a social responsibility.'

Tatas on global safari on board Corus

Tatas on global safari on board Corus

Rediff.com6 Oct 2007

Corus, which was acquired by Tata Steel for 6.2 billion in the beginning of this year, is eyeing global network alliances in automotive steel, as it aims to build a strong position in the international market.

Corus to lead Tata Group's global safari

Corus to lead Tata Group's global safari

Rediff.com5 Oct 2007

Corus, which was acquired by Tata Steel for 6.2 billion pounds in the beginning of this year, is eyeing global network alliances in automotive steel, as it aims to build a strong position in the international market.

India's Economic Reality And The Hype

India's Economic Reality And The Hype

Rediff.com13 Jul 2024

From connectivity woes to infrastructure advancements and the startup boom, there is a gulf between claims and reality in India's economic landscape, points out Devangshu Datta.

200 Delhi police personnel attended 2 am meeting before NewsClick raids

200 Delhi police personnel attended 2 am meeting before NewsClick raids

Rediff.com3 Oct 2023

Apart from senior officials, the mobile handset of junior officials were kept at the station, to hide any leaked information.

Police reach Yechury's home to quiz staffer's son in NewsClick case

Police reach Yechury's home to quiz staffer's son in NewsClick case

Rediff.com3 Oct 2023

As the Delhi police continue to raid different premises linked to NewsClick, a team reached at Communist Party of India-Marxist General Secretary Sitaram Yechury's residence on Tuesday morning to question his staffer Sri Narayan's son Sunmit Kumar.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

Reliance net profit drops 5% in Q1 on weak O2C business

Reliance net profit drops 5% in Q1 on weak O2C business

Rediff.com19 Jul 2024

Reliance Industries Ltd, India's most valuable company, on Friday reported a 5 per cent drop in its June quarter net profit as lower fuel cracks and petrochemical margins outdid gains in telecom and retail businesses. The oil-to-retail-to-telecom conglomerate's consolidated net profit was at Rs 15,138 crore, or Rs 22.37 per share, in April-June -- the first quarter of the current 2023-24 fiscal year -- compared to Rs 16,011 crore, or Rs 23.66 a share, earnings a year back, according to a company's statement.

Google Unveils AI For India's Developers

Google Unveils AI For India's Developers

Rediff.com18 Jul 2024

Developers in India now have expanded access to Google's powerful AI models with the 2 million token context window in Gemini 1.5 Pro and Gemma 2, the next generation of open models.

Tiger Global-backed Koo lays off 30% of its workforce in a year

Tiger Global-backed Koo lays off 30% of its workforce in a year

Rediff.com21 Apr 2023

Tiger Global-backed Koo, an Indian alternative to Twitter, has laid off 30 per cent of its workforce of 260 employees in the last year as the budding firm, like many other start-ups in the country, battles global headwinds. "It's important for businesses of all sizes to adopt efficient and conservative approaches to see this period through. "In line with this, we have acted on some role redundancies by letting go of 30 per cent of our workforce over the course of the year," said a Koo spokesperson.

As order books grow, capital goods, engg companies firm up capex plans

As order books grow, capital goods, engg companies firm up capex plans

Rediff.com5 Jun 2024

As order books gain from India's increased capital outlay, some large capital goods and engineering companies are together spending over Rs 11,500 crore in creating new facilities, data shows. Nine engineering and capital goods companies, where data was available, including Siemens, Larsen & Tourbo (L&T) and KEC International, have a combined capital expenditure (capex) of about Rs 11,500 crore or more. Others such as ABB India and Thermax Global are also adding capacities.

IMF sees India as 'bright spot' in global economy, says PM Modi

IMF sees India as 'bright spot' in global economy, says PM Modi

Rediff.com11 Jan 2023

Prime Minister Narendra Modi Wednesday said the International Monetary Fund (IMF) sees India as a "bright spot" in the global economy and as per the World Bank, India is in a better position to deal with the global headwinds than many other countries. This is because of India's strong "macroeconomic fundamentals", Modi said while virtually addressing the inaugural function of the 7th edition of Invest Madhya Pradesh-Global Investors Summit in Indore. In the past eight years, the government has increased the speed of reforms and removed many hurdles in the way of investments.

Paytm goes global

Paytm goes global

Rediff.com4 May 2016

It has signed up with Uber and Macys.

The Intern's Dilemma

The Intern's Dilemma

Rediff.com12 Sep 2024

'When it is unpaid, sometimes, they don't take you seriously.' 'Work is not reviewed, and there is no effort in making interns learn.'

Air India joins global grouping Star Alliance

Air India joins global grouping Star Alliance

Rediff.com24 Jun 2014

Ending a seven-year-long wait, the Star Alliance Chief Executive Board, at its meeting in London on Monday, gave an endorsement vote to induct Air India into the fold.

Mystical Mongolia

Mystical Mongolia

Rediff.com24 Sep 2024

Mongolia can take a lifetime to happen but rewards the intrepid traveller with enduring memories of a surreal, delightful land.

'Without incentives people will not purchase EVs'

'Without incentives people will not purchase EVs'

Rediff.com8 Jun 2024

'Wherever the government has provided incentives for the purchase of two-wheelers, three-wheelers, cars, buses, and trucks, it gets a push for most of these alternate fuels. '

Pak-bound ship from China of banned chemicals seized at TN port

Pak-bound ship from China of banned chemicals seized at TN port

Rediff.com11 Jul 2024

Pakistan is allegedly working on an offensive chemical and biological warfare program with the help of its 'all-weather friend' China.

Digital payments in India to double to $7 tn by 2030

Digital payments in India to double to $7 tn by 2030

Rediff.com14 Jul 2024

With digital adoption fast gaining currency, India is likely to see retail digital payments double to $7 trillion by 2030 from current levels, a study by Kearney and Amazon Pay said. In the report 'How Urban India Pays', Kearney-Amazon Pay said strong adoption of digital payments in online purchases has potentially led to a permanent shift in consumer behaviours, fuelling offline adoption as well.

Companies Join Battle Against Sugar, Salt

Companies Join Battle Against Sugar, Salt

Rediff.com15 Jul 2024

Mondelez, Coca-Cola, PepsiCo and Nestle India have been working on bringing down the sugar, salt, and sodium content.

Adani, Qualcomm CEO discuss AI, semiconductors

Adani, Qualcomm CEO discuss AI, semiconductors

Rediff.com11 Mar 2024

Chip giant Qualcomm chief executive Cristiano R Amon and billionaire Gautam Adani on Monday discussed role of AI, semiconductors and edge appliances across markets in the fast changing global technology space. The two leaders met in Mumbai on Monday morning to discuss India's potential around semiconductors, AI and mobility, according to a social media post by Adani. While Qualcomm is big on designing and manufacturing semiconductors and wireless telecommunications products, Adani group had in 2022 bought a small quantity of fifth generation or 5G spectrum for private captive network deployment in ports, logistics and power generation among others.

RIL's 'Paramount' dream to be a media giant

RIL's 'Paramount' dream to be a media giant

Rediff.com14 Mar 2024

Paramount Global has agreed to sell its 13 per cent stake in its Indian TV business to Reliance Industries for Rs 4,286 crore, the Indian firm said on Thursday. In a stock exchange filing, Reliance said it has signed a binding agreement with two subsidiaries of Paramount Global to acquire 13.01 per cent equity stake of Viacom 18 Media Private Limited held by Paramount Global. Similarly, in a filing on the US Securities and Exchange Commission (SEC), Paramount Global said the closing of the transaction is subject to the satisfaction of certain customary conditions, including receipt of applicable regulatory approvals, as well as the completion of a previously announced joint venture involving Reliance, Viacom18 and Star Disney.

ED issues fresh summons to China-based US bizman Singham in NewsClick case

ED issues fresh summons to China-based US bizman Singham in NewsClick case

Rediff.com16 Nov 2023

The summons were sent to Singham recently on his personal email ID and also through the Chinese diplomatic channels after the ED routed them through the ministry of external affairs, the officials said.

Visa applications to beat pre-Covid levels in 2024

Visa applications to beat pre-Covid levels in 2024

Rediff.com21 Feb 2024

VFS Global expects visa applications from India to surpass pre-pandemic levels in 2024 with the easing of appointment availability. Vishal Jairath, head-South Asia, VFS Global, said during a media interaction that based on indications from the client governments in terms of appointment availability and the resources deployed by them, visa applications would surpass the pre-Covid levels by a healthy margin. "We have geared up. We have looked at our infrastructure and increased capacity in many locations," he added.

Air India to buy 470 planes from Airbus, Boeing in a landmark aviation deal

Air India to buy 470 planes from Airbus, Boeing in a landmark aviation deal

Rediff.com14 Feb 2023

Air India will purchase 220 planes from Boeing for $34 billion, with an option to buy 70 more aircraft that could take the total transaction value to $45.9 billion, a deal that US President Joe Biden described as a "historic agreement". While announcing the Boeing-Air India deal on Tuesday, Biden also asserted that together with Prime Minister Narendra Modi, he was looking forward to deepen the ties between India and the US. As per an announcement from the White House, Boeing and Air India have reached an agreement under which the airline will purchase 190 B737 MAX, 20 B787, and 10 B777X for a total of 220 firm order valued at $34 billion at list price.

'Farmers are our Annadata'

'Farmers are our Annadata'

Rediff.com15 Aug 2024

This is the full text of the address to the nation by President Droupadi Murmu on the eve of India's 78th Independence Day.

President Xi launches cyber warfare wing for Chinese military

President Xi launches cyber warfare wing for Chinese military

Rediff.com20 Apr 2024

The Information Support Force was regarded as the revised version of the PLA's Strategic Support Force, established in 2015 by the Chinese military to deal with space, cyber, political and electronic warfare to fight what was described as "informationised wars".

Air India's international cargo business takes wings, not so for IndiGo

Air India's international cargo business takes wings, not so for IndiGo

Rediff.com13 May 2024

The international cargo operations of two major carriers - IndiGo and Air India Group (Air India and Vistara) - are experiencing opposite trajectories despite both the airlines significantly expanding their international flight offerings over the past year. During the fourth quarter of 2023-24, IndiGo's international non-passenger cargo business declined to 6,848 tonnes. This is an 18.2 per cent year-on-year (Y-o-Y) decrease, according to data from the Directorate General of Civil Aviation (DGCA)

'Need to ruthlessly pursue and destroy Hamas'

'Need to ruthlessly pursue and destroy Hamas'

Rediff.com14 Oct 2023

'We are in very tough times, but we are all absolutely committed to seeing the destruction of Hamas'

India's could see fastest rollout of 5G services globally

India's could see fastest rollout of 5G services globally

Rediff.com20 Sep 2022

The country's two top telcos, Reliance Jio and Airtel, are working overnight to undertake one of the fastest global roll-outs of 5G services in any country just a month down the line. India might be late in the game (already 70 countries have some kind of 5G and there are 698 million 5G subscribers across the world), but it's moving at breakneck speed. In his speech at the Reliance Industries AGM, Mukesh Ambani unveiled his plan to roll out the fastest 5G network in the world, starting from four metros in October but hitting every town taluka and tehsil - there are some 5,600 of them - in the country in 18 months.

Can VSNL become a global player?

Can VSNL become a global player?

Rediff.com4 Apr 2005

Global IT event to be held on Jan 9

Global IT event to be held on Jan 9

Rediff.com8 Jan 2007

The event will showcase India's cutting edge IT capabilities and outsourcing strengths to the global IT and business community.

8 cr jobs created in last 3-4 years has silenced...: Modi

8 cr jobs created in last 3-4 years has silenced...: Modi

Rediff.com13 Jul 2024

"My aim is to make Maharashtra the world's big financial powerhouse and to make Mumbai a global fintech capital," he said.

Health Insurance: What You Must Know!

Health Insurance: What You Must Know!

Rediff.com24 Jun 2024

Purchase health insurance at an early age, before you incur a disease, as this makes access to health insurance difficult and raises the premium significantly.

Mobile speed: India ranks above Japan, UK, Brazil

Mobile speed: India ranks above Japan, UK, Brazil

Rediff.com2 Oct 2023

The launch of 5G services in India turbocharged mobile download speeds here, pushing the country's ranking 72 notches higher to 47th spot in Speedtest Global Index, ahead of nations like Japan, the UK and Brazil, according to Ookla. India's speed performance has zoomed up 3.59 times since the introduction of 5G, it said dubbing the country's 5G advancement as "remarkable". In this global pecking order, India ranked not only ahead of its neighbours like Bangladesh, Sri Lanka, and Pakistan, but also some G20 countries, such as Mexico (90th), Turkey (68th), the UK (62nd), Japan (58th), Brazil (50th place), and South Africa (48th place).

At 7 million, India saw highest mobile subscriber addition in Q2: Ericsson

At 7 million, India saw highest mobile subscriber addition in Q2: Ericsson

Rediff.com6 Sep 2023

With seven million new subscribers, India accounted for the highest net addition of mobile subscriptions globally in the second quarter of 2023, according to the August edition of Ericsson Mobility. Among national markets, India was followed by China with five million and the US with three million subscribers. The subscriber penetration in India, however, stood at 79 per cent, compared to 120 per cent in China, the report said.

Budget 2024: What hospitality industry wants from Nirmalaji

Budget 2024: What hospitality industry wants from Nirmalaji

Rediff.com8 Jul 2024

Hospitality players want the government to accord infrastructure status to hotels to make investments on new properties more attractive rather than categorising them as luxury or even 'sin goods' in the upcoming Union Budget considering the sector's potential to play a key role in India's growth. They also want the government to consider incentives in the form of tax breaks or subsidies for adopting sustainable and eco-friendly practices, while asserting that the upcoming budget must accelerate the tourism agenda saying it is an opportunity to make Indian hospitality the emerging engine for GDP growth and employment generation.

India's Top Educational Institutions

India's Top Educational Institutions

Rediff.com13 Apr 2024

The coveted QS rankings indicate that India is slowly but steadily overtaking other nations in the field of education.