News for 'Indian Standard Time'

'Lacklustre Market Is Good Time To Invest'

'Lacklustre Market Is Good Time To Invest'

Rediff.com1 Nov 2023

'Historically, equities have consistently outperformed debt, gold, property, and other assets over a reasonable period.'

Can Kirana Stores Beat The Q-Com Threat?

Can Kirana Stores Beat The Q-Com Threat?

Rediff.com30 Sep 2024

Indian kiranas are agile enough to face the q-com challenge, but it's going to be a tough fight, notes Ambi Parameswaran.

8th Eco Census likely next year; data for 7th awaited

8th Eco Census likely next year; data for 7th awaited

Rediff.com14 Aug 2024

The Ministry of Statistics and Programme Implementation (Mospi) has started preparations for the eighth Economic Census (EC), which is expected to be formally launched next year, sources told Business Standard, even as the results of the seventh edition are yet to be made public. "Centre has asked states and Union Territories (UTs) to submit requirements for funds and manpower in a bid to start work on the eighth EC. "The states and UTs are required to set up a dedicated unit to conduct the exercise.

Talks underway at MCA for expansion of audit companies

Talks underway at MCA for expansion of audit companies

Rediff.com24 May 2024

The Ministry of Corporate Affairs has been engaging with officials from several audit firms over the past two months to streamline the process for the expansion of audit firms in the country, according to sources familiar with the matter. These discussions have involved representatives from notable firms who have independently submitted their recommendations to the ministry.

Why 30-Day Samsung Strike Continues

Why 30-Day Samsung Strike Continues

Rediff.com7 Oct 2024

Although the company has shown willingness to talk to its workers and accept their key demands, it is CITU that is causing a roadblock to a solution.

'RBI In No Hurry To Do Big Rate Cuts'

'RBI In No Hurry To Do Big Rate Cuts'

Rediff.com30 Sep 2024

'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'

'India is an important education market'

'India is an important education market'

Rediff.com23 Oct 2024

'It's the second-largest market for us after the US, and should be the largest market at some point.'

'We Give Our 100% Every Single Day'

'We Give Our 100% Every Single Day'

Rediff.com5 Sep 2024

'Pressure will always be there because in international cricket, you can't take any series lightly.' 'The margin between winning and losing is very small, and nowadays, the gap between international teams isn't much either.'

Re-attempting IIT-JEE? These Tips Can Help

Re-attempting IIT-JEE? These Tips Can Help

Rediff.com8 Nov 2024

Instead of repeating the same study patterns, focus on creating a more efficient schedule that prioritises building a strong foundation in maths, physics and chemistry, advises Rohit Gupta, COO, College Vidya.

Why 38% of IIT Graduates Are Unemployed

Why 38% of IIT Graduates Are Unemployed

Rediff.com28 Nov 2024

Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.

'AI Has Pushed India 5 To 7 Years Behind!'

'AI Has Pushed India 5 To 7 Years Behind!'

Rediff.com19 Sep 2024

'Unfortunately, most of our students use AI to replace knowledge when they should be using the AI tools to enhance their knowledge.' 'I am sorry to say, even those students who have opted to study AI have no idea what AI is.'

Bhutia urges ISL, I-League to 'invest in grassroots'

Bhutia urges ISL, I-League to 'invest in grassroots'

Rediff.com3 Oct 2024

'Today, U20 players are losing to Bangladesh, not qualifying for the Asia Cup. We can't expect miracles from the senior team. We need to really work at the ground level. The important thing for the AIFF is to bring as many kids as possible to play.'

Why Are Samsung Workers On Strike?

Why Are Samsung Workers On Strike?

Rediff.com21 Sep 2024

According to CITU, around 90% of the 1,723 workers of the Sriperumbudur plant are participating in the strike. Samsung said it is ready to talk to employees and not a third party like CITU.

Why Indian auto companies fail to comply with safe emission standards

Why Indian auto companies fail to comply with safe emission standards

Rediff.com11 Jan 2016

Stalling the introduction of better emission standards is based on specious logic, especially in a country that has 13 of the world's most polluted cities.

Big Steel Boys Pushing Future Mobiility Pedal

Big Steel Boys Pushing Future Mobiility Pedal

Rediff.com11 Aug 2024

From setting up cutting-edge facilities to cater to the domestic market and building capabilities of global standards, the action is building up.

Visa on time: Embassies work to meet spike in applications by Indians

Visa on time: Embassies work to meet spike in applications by Indians

Rediff.com21 Jun 2022

Visa delays have perturbed Indian visitors this summer. But a solution could be in sight soon, as embassies gear up to address the challenges caused by a spike in applications and staff shortages. While the British High Commission has said it is working urgently to reduce the current visa processing time, the German Embassy has introduced extra shifts to process more visas. However, appointments with the latter are fully booked till August-end due to high volumes.

Specialised skills to drive 20-25% growth in IT fresher hiring

Specialised skills to drive 20-25% growth in IT fresher hiring

Rediff.com17 Oct 2024

Fresher hiring, which has been subdued as Indian information technology (IT) services firms scaled back their recruitment, is set for a turnaround. The IT sector's fresher hiring is expected to rise by 20-25 per cent for 2024-25 (FY25). Additionally, the global capability centres are projected to boost their fresher hiring by 40 per cent compared to last year, according to a TeamLease Digital analysis.

Pitch in focus as India eye series-levelling win in Pune

Pitch in focus as India eye series-levelling win in Pune

Rediff.com23 Oct 2024

India will look for the right balance as they aim for a series-levelling victory against a spunky New Zealand in the must-win second Test.

Will GST Relief On Insurance Benefit Us?

Will GST Relief On Insurance Benefit Us?

Rediff.com9 Sep 2024

The life insurance industry does not have a good track record when it comes to passing on tax benefits to policyholders, points out Harsh Roongta.

Keki Daruwalla, Poet & Sleuth, Passes Into Ages

Keki Daruwalla, Poet & Sleuth, Passes Into Ages

Rediff.com28 Sep 2024

Poet, writer and former IPS officer Keki N Daruwalla, whose magic with words gained him national and international repute, has died at a Delhi hospital after prolonged illness and a spell of pneumonia. He was 87.

Shooter Sheoran claims podium finish in ISSF World Cup

Shooter Sheoran claims podium finish in ISSF World Cup

Rediff.com16 Oct 2024

In a year marred by disappointments, shooter Akhil Sheoran redeemed himself by winning the men's 50m rifle 3-positions bronze medal even as the other Indian participants failed to make a mark in the ISSF World Cup Final in New Delhi on Wednesday.

'Looking to expand international business'

'Looking to expand international business'

Rediff.com25 Sep 2024

'It is difficult to write business internationally, without an 'A-' rating. It becomes more expensive.'

'Nifty Pullback Needs To Be Taken In Stride'

'Nifty Pullback Needs To Be Taken In Stride'

Rediff.com22 Oct 2024

'The biggest near-term risk to Indian equities is the outflow of investments to China as tactical trades by foreign investors.'

Lt Tanishka, A Third Gen Army Officer

Lt Tanishka, A Third Gen Army Officer

Rediff.com4 Oct 2024

After both grandfathers, father and uncle, Lieutenant Tanishka Damodaran is the first girl from the family to join the Indian Army. She will join her first posting in Kashmir soon and hopes to follows her family tradition of joining the Paras.

'It's time for caution, not expansion'

'It's time for caution, not expansion'

Rediff.com12 Apr 2023

'Silicon Valley people are generally used to layoffs.' 'Every person who has been in the industry for 15-20 years would have been laid off at least 3-4 times.' 'In India, we aren't used to that concept.' 'So when it came here, people were shocked.'

CWG 2022: Check out India's schedule on August 1

CWG 2022: Check out India's schedule on August 1

Rediff.com1 Aug 2022

India's schedule on Day 4 of the 2022 Commonwealth Games in Birmingham on August 1, Monday.

The key to rehab and recovery for cricketers is...

The key to rehab and recovery for cricketers is...

Rediff.com2 Oct 2024

In the last two years, top-of-the-line cricketers such as Rishabh Pant, Jasprit Bumrah, Shreyas Iyer, KL Rahul and Prasidh Krishna spent several months at the National Cricket Academy (NCA), which is now a CoE, to recover from their respective injuries, sitting out of some high-value matches.

India's biggest oil, gas bid round gets 4 bidders

India's biggest oil, gas bid round gets 4 bidders

Rediff.com23 Sep 2024

India's biggest oil and gas bid round attracted four bidders that included state-owned ONGC and OIL and private sector Vedanta Ltd, with most blocks getting just two bids, according to Directorate General of Hydrocarbons (DGH). The OALP-IX bid round, where 28 blocks or areas spread over 1.36 lakh square kilometre were offered for finding and producing oil and gas, for the first time saw Reliance Industries Ltd-bp plc combine bidding together with ONGC for one block in Gujarat offshore.

Gurgaon's Rites to go aggressive on global export and consultancy tenders

Gurgaon's Rites to go aggressive on global export and consultancy tenders

Rediff.com6 Jun 2024

Recovering from an order dry-up and change in market conditions, Gurgaon-based Rites is looking to bid aggressively in global export and consultancy tenders and run with a volume-led approach, its chairman and managing director (CMD) Rahul Mithal said. Rites is a railway consultancy public sector undertaking (PSU) under the aegis of the Ministry of Railways. "We started the year with two huge challenges - the export order book, where no new orders had happened, and the opening up of Indian Railways quality assurance works to four players.

IT Freshers, What You Need To KNOW

IT Freshers, What You Need To KNOW

Rediff.com17 Oct 2024

The IT sector's fresher hiring is expected to rise by 20% to 25% for 2024-2025. The increase in hiring is driven by a focus on specialised skills catering to segments like AI, machine learning and data analytics.

UPSC cancels Puja Khedkar's selection, bars her from all future exams

UPSC cancels Puja Khedkar's selection, bars her from all future exams

Rediff.com31 Jul 2024

The Union Public Service Commission (UPSC) on Wednesday said it has cancelled the provisional candidature of probationary Indian Administrative Service officer Puja Khedkar and debarred her from all future examinations or selections.

'He Was Always The Same Old Ratan'

'He Was Always The Same Old Ratan'

Rediff.com15 Oct 2024

'Ratan had the quality that JRD and Russi Mody had -- they could walk with kings and never lose the common touch.'

Govt should give cheaper loans to spur affordable home sales: Naredco prez

Govt should give cheaper loans to spur affordable home sales: Naredco prez

Rediff.com28 Aug 2024

The government should provide home loan up to 25 lakh at a lower interest rate of 5 per cent to the people of the middle class, a prominent realtors' body appealed to the government against the backdrop of soaring home prices. G Hari Babu, president of the National Real Estate Development Council (Naredco), in an online interaction with Business Standard, said that the middle class in India accounts for roughly 30 per cent of the total population and is dependent on rental accommodation.

Quality Lapses Shut Down Drug Makers

Quality Lapses Shut Down Drug Makers

Rediff.com28 Jun 2024

Most of the pharma units are failing in documentation, and validation processes, and many don't have full-fledged quality control laboratories.

Ola Maps navigating beyond 'western apps'

Ola Maps navigating beyond 'western apps'

Rediff.com9 Jul 2024

Bhavish Aggarwal, founder and chief executive officer of Ola, is encouraging developers to switch from Google Maps to Ola Maps. Ola is offering developers a year of free access to Ola Maps on the company's Krutrim Cloud and over Rs 100 crore in free credits. This initiative comes after Ola replaced Google Maps with its own Ola Maps, leading to annual savings of around Rs 100 crore.

Our women boxers can win medals at Paris Olympics: Vijender

Our women boxers can win medals at Paris Olympics: Vijender

Rediff.com26 Jul 2024

'The girls will do well, I hope we get one or two medals. It could be a silver or may be even a gold.'

Will Anna's Death Be A Wake-Up Call For India Inc?

Will Anna's Death Be A Wake-Up Call For India Inc?

Rediff.com8 Oct 2024

'In India, managers and the leadership almost glorify overworking.'

De-risking loan portfolio likely a top priority for new Bandhan CEO

De-risking loan portfolio likely a top priority for new Bandhan CEO

Rediff.com15 Oct 2024

Partha Pratim Sengupta, who will be taking charge as the MD & CEO of Bandhan Bank in early November, has his task cut out. The Kolkata-based lender, which converted itself from a microfinance institution to a universal bank, is in its 10th year of operation. The bank was able to cut down the share of the micro loan book over these years.

Fema tweaks on the cards to allow FPIs to seamlessly access FDI route

Fema tweaks on the cards to allow FPIs to seamlessly access FDI route

Rediff.com31 Aug 2024

The government is planning to introduce legislative changes to the Foreign Exchange Management Act (Fema) regulations, with a focus on easing the pathway for inflows from a foreign portfolio investor to transition seamlessly into foreign direct investments (FDI) once the FPI surpasses the 10 per cent ownership threshold in a company. This move stems from multiple requests by foreign investors seeking to streamline the reporting requirements that arise when their stakes in Indian firms cross the 10 per cent mark.

Cold coffee: Starbucks sacks CEO Laxman Narasimhan

Cold coffee: Starbucks sacks CEO Laxman Narasimhan

Rediff.com13 Aug 2024

In a surprise move, struggling multinational coffee chain Starbucks on Tuesday announced the appointment of Brian Niccol as chairman and chief executive officer replacing Indian-origin CEO Laxman Narasimhan who is stepping down.