'After his warm and affectionate farewell speech, the Chief of Staff of the formation asked me, "So, now you are off to Coorg to look after your coffee estates?"' For the last time, in Army uniform and much to his surprise, I replied, "Sir, I am not from Kodagu.".'
Neeraj dropped the news to the world at a time of his choosing, which was a good 48 hours after solemnising his union with US-based tennis player and coach Himani Mor.
The initial public offer of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, got subscribed 2.37 times on the third day of the bidding on Thursday, helped by institutional buyers. This is the largest IPO in the country, surpassing LIC's initial share sale of Rs 21,000 crore. The Rs 27,870 crore initial share sale got bids for 23,63,26,937 shares against 9,97,69,810 shares on offer, translating into 2.37 times subscription, as per NSE data.
The Enforcement Directorate (ED) faced criticism from the Supreme Court for filing a "half-baked" reply in a bail matter related to the Chhattisgarh liquor scam. The court expressed dissatisfaction with the situation, questioning the accountability of the ED and its advocate-on-record. The ED's additional solicitor general, S.V. Raju, attributed the error to a miscommunication and assured the court that a departmental inquiry would be initiated.
Ask rediffGURU Aashish Sood your CAT related questions.
Just as the atom and the byte needed careful societal control to prevent damage to society, perhaps, so does the gene, particularly in debates like 'genes vs merit', explains Ajit Balakrishnan.
The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.
rediffGURU Patrick Dsouza tells you how to optimise your preparation for the Common Admission Test scheduled on Sunday, November 26, 2023.
Macroeconomic data announcements, trading activity of foreign investors and global trends will guide equity market movement this week, which would also mark the beginning of the new calendar year and month, analysts said.
Former Indian Administrative Service (IAS) officer M G Devasahayam, who was one of the signatories to the representation on the credibility of electronic voting machines (EVMs), voter-verifiable paper audit trail (VVPAT) and the vote-counting process, had filed an application with the poll panel under the Right to Information (RTI) Act, seeking details of the action taken on it.
Investors lost Rs 24.69 lakh crore in market valuation in the last four days of severe drubbing in the equity market. Spike in global crude prices, unabated foreign fund outflows, a strong US jobs data diminishing early rate cut expectations, and the rupee logging its steepest single-day fall in nearly two years dampened investors' sentiment.
The conditions that lead to landslides, including soil texture, soil moisture and slope are known, and it is important to put all this knowledge into an operational system, he said.
"Nothing has been more constant in the world than war," said Aumann, who won the Nobel prize in economics in 2005.
In the last budget, then finance minister Arun Jaitley had allocated Rs 85,010 crore for the education sector which was later revised to Rs 83,625.86 crore.
The Securities and Exchange Board of India (Sebi) on Tuesday announced that the top 500 stocks will be eligible for the same-day settlement cycle (T+0) in a phased manner. This move is seen as a fresh push to ready the market ecosystem to speed up the settlement cycle, which currently stands at T+1.
With its age-old fascination for education, southern states have done better than the North. Start-ups, IT hubs, and industry majors setting up shop have changed the face of the South. Nearly 79% of global offices set up by international conglomerates in India are in the South. Almost 46% of tech unicorns are from the South. The GDP per person in the South is 4.2 times higher than the North. None of these indicators can be ignored by any central government, whatever the political compulsions, notes Ramesh Menon.
'A less tense US-China relationship would make Beijing less likely to provoke India -- including on the border -- in retaliation for its close defence ties with the US.'
The opposition on Sunday asked the Centre to allow discussions in the Parliament on the United States prosecutors' bribery charges against the Adani Group even as Union minister Kiren Rijiju made it clear that the matters to be taken up in the two Houses will be decided by their authorised committees with the consent of the respective Chair.
rediffGURU and CAT expert Aashish Sood will answer all your queries relating to the upcoming CAT exam.
"The new structure will substantially reduce taxes on the middle class and leave more money in their hands, boosting household consumption, savings and investment," Sitharaman said presenting what was dubbed as 'reformist' budget for the next fiscal in Lok Sabha.
Steel maker JSW Steel's Q3 results, announced on January 24, 2025, after market hours, failed to meet Street expectations. The company reported a consolidated net profit attributable to the owners of Rs 717 crore in Q3FY25, reflecting a 70.3 per cent decline Y-o-Y, compared to Rs 2,415 crore in Q3FY24.
'I have always looked at people and said, 'You just have to accept. You just have to love. You just have to let this person be and the trouble would be less.' 'But we keep complicating things, and that is the tragedy -- our desire not to understand.'
'Make your child solve his/her problems on his/her own. Let the child see parenting as a partnership between you and your child.'
Jaishankar said, "The immediate part which awaits us is what we call the de-escalation, which is the build-up of forces along the Line of Actual Control."
He further opined that though as public functionaries, courts were vested with the responsibility to give effect to equity, these judicial bodies were not directly in charge of the manner in which resources were to be distributed.
India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.
Internship opportunities have been posted by 193 companies, including Jubilant Foodworks, Maruti, Eicher Motor, L&T, Muthoot Finance and Reliance.
Six times CAT topper rediffGURU Patrick Dsouza explains how you can utilise the final days to improve your performance in the CAT exam.
A host of macroeconomic data announcements, the last batch of September quarter earnings, global trends, and trading activity of foreign investors will be the major driving factors for the equity market this week, according to analysts. Equity markets would remain closed on Friday for Guru Nanak Jayanti. "India is set to release CPI and IIP data on November 12, with WPI data expected on November 14.
'It seems to be a hasty step ahead of the election.'
The Centre may overshoot the Rs 56,260 crore target for dividend receipts from central public-sector enterprises (CPSEs) set for FY25 and is likely to end up getting around Rs 65,000 crore this financial year, according to a senior government official. This excludes dividend from nationalised banks and financial institutions. As on October 21, the Centre collected Rs 28,913 crore as dividend and other investment from CPSEs, accounting for over 50 per cent of the Budget Estimate for FY25.
Over 200 individuals in Rajouri, Jammu and Kashmir, have been quarantined after 17 people, including 13 children, died from a mysterious illness. The deaths have sparked concerns about the spread of the illness, and a medical emergency has been demanded by local officials. A central team is investigating the cause of the deaths, with over 230 samples sent for testing. Officials have identified a common factor among the deceased: brain involvement and damage to the nervous system. Three patients have been airlifted to a hospital in Jammu, and one patient has been airlifted to PGI Chandigarh for further treatment.
Analysts are warning of growing risks to the market's sustained momentum, and even to the possibility of consolidation at current levels. Domestically, markets are grappling with several challenges, including a slowing economy, as indicated by the latest GDP data for the July-September (Q2) quarter of 2024-25 (FY25), sticky inflation, fluctuations in the rupee, waning consumption, and high interest rates.
All sectoral indices ended lower. BSE Telecommunication tanked 2.18 per cent, metal (1.77 per cent), auto (1.70 per cent), energy (1.64 per cent), oil & gas (1.59 per cent), commodities (1.39 per cent) and financial services (1.37 per cent) were the major laggards.
Global firm Accenture's fourth quarter results prove that the worst is behind for the Indian information technology (IT) sector, said analysts on Friday (September 27). While the pace and the broadness of recovery is debatable, they said Accenture's results and revenue growth guidance for the next financial year (FY25) reduce downside risks for Indian IT companies.
Global brokerage firm CLSA has reversed its early tactical shift from Indian equities to Chinese stocks, and has decided to raise India allocation while cutting exposure to China. In its report titled 'Pouncing Tiger, Prevaricating Dragon', CLSA cited challenges facing Chinese markets in the aftermath of Donald Trump's victory in the US elections as the reason for the move. "Misfortune can happen in threes. So it has played out for Chinese equities over the past week.
The initial public offer of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, received an 18 per cent subscription on the first day of bidding on Tuesday. The Rs 27,870 crore initial share sale received bids for 1,77,89,457 shares against 9,97,69,810 shares on offer, as per NSE data. The IPO received over 9 lakh applications on the first day.
'Investors may have made money in mid and smallcaps due to market momentum, but now they need to focus on fundamentals.'
Two foreign women mountaineers, who were stranded at a height of 6,015 metres on way to the Chaukhamba III peak in Uttarakhand's Chamoli district, were rescued on Sunday morning, the District Disaster Management Centre in Gopeshwar said.
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