News for 'Intelligence Capital'

2 sisters shot dead in Delhi, killing triggers political row

2 sisters shot dead in Delhi, killing triggers political row

Rediff.com18 Jun 2023

Gunmen allegedly shot dead two women in southwest Delhi's RK Puram in the early hours of Sunday over a suspected financial dispute with their brother, police said.

Mob attack on Meghalaya CMO pre-planned, plot to harm CM: DGP

Mob attack on Meghalaya CMO pre-planned, plot to harm CM: DGP

Rediff.com25 Jul 2023

The director general of police said that all conspirators will be taken to task and put behind bars.

Brain Drain 2.0 Is Taking Place In India

Brain Drain 2.0 Is Taking Place In India

Rediff.com28 Sep 2023

The migration of domestically developed intellectual property to foreign corporations within India reflects an anomaly in the demand pattern of the country's job market, points out Kanika Datta.

How India Can Rival China As Production Platform

How India Can Rival China As Production Platform

Rediff.com28 Jul 2023

We have the workforce, now we need to ensure that we take full advantage of game-changing technologies and geopolitical openings, suggests Jayant Sinha, chairman, Parliament's Standing Committee on Finance.

Maoists open fire at CRPF commandos in Chhattisgarh, none hurt

Maoists open fire at CRPF commandos in Chhattisgarh, none hurt

Rediff.com12 Jan 2023

A joint team of multiple forces are undertaking the offensive to target some senior and most-wanted Naxal commanders, official sources said.

Walmart-owned PhonePe calls off deal to acquire fintech startup ZestMoney

Walmart-owned PhonePe calls off deal to acquire fintech startup ZestMoney

Rediff.com31 Mar 2023

Walmart-owned digital payments firm PhonePe has decided to halt its proposed acquisition of Goldman Sachs- and Xiaomi-backed ZestMoney, a Bengaluru-based buy now, pay later (BNPL) platform. The deal, which was poised to fetch anywhere between $150-200 million and $300 million, has hit a snag over lapses in due diligence, disagreements over valuation, sustainability of the business, and shareholding structure of ZestMoney, according to people familiar with the matter. The collapse of the deal is also being attributed to a slowdown in the financial technology (fintech) sector in the midst of a funding winter, difficult regulatory environment, and macroeconomic uncertainty, informed other sources.

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.

Why Do Banks Hide Losses?

Why Do Banks Hide Losses?

Rediff.com21 Mar 2023

Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the 'distance to default' as a measure of a particular bank's fragility, reveals Tamal Bandyopadhyay.

Nuh violence spills over into Gurugram, mosque, eatery torched

Nuh violence spills over into Gurugram, mosque, eatery torched

Rediff.com1 Aug 2023

Mobs killed a cleric in a late night attack on a mosque, torched an eatery and vandalised shops as communal violence that began in Haryana's Nuh spilled over into Gurugram, taking the death toll to five, the police said on Tuesday.

Narayana Murthy's Catamaran aims to double AUM to $2 billion in 5 yrs

Narayana Murthy's Catamaran aims to double AUM to $2 billion in 5 yrs

Rediff.com31 Jul 2023

Catamaran, the family office of Infosys founder Narayana Murthy, is targeting 15 per cent returns on its portfolio investments per annum as it shifts focus from early-stage investments to growth and late-stage bets. This would double the firm's assets under management (AUM) from the current $1 billion to $2 billion over the next five years. "For direct investments, we are focusing on growth-stage investments and very selectively on early stage," Deepak Padaki, president, Catamaran, told Business Standard. "(This is) primarily because the early-stage space in India, in the last three-four years, has completely changed. "There has been a huge influx of capital in the last two years. It has become a very crowded space for early-stage investment," he said.

China Will Never Get Ladakh!

China Will Never Get Ladakh!

Rediff.com31 Oct 2023

'It is flabbergasting to think that this heavenly region has, for decades, been coveted by India's aggressive neighbours,' says Claude Arpi after a recent visit to Ladakh. 'Wanting to use the newly created infrastructure to defend the borders after the clash of 2020 with China and the resulting standoffs, the home ministry is keen to boost border tourism to show that these areas are controlled by India.'

US used R9X Hellfire missile to eliminate Qaeda chief

US used R9X Hellfire missile to eliminate Qaeda chief

Rediff.com2 Aug 2022

According to one American analyst, the "house that was struck was owned by a top aide to Sirajuddin Haqqani," who is now the interior minister in the Taliban government in Kabul.

Quotas: Band-Aids Not The Solution

Quotas: Band-Aids Not The Solution

Rediff.com13 Nov 2023

Our caste warriors will not even ask these questions, let alone explore better solutions to address the problems of inequality and skewed life outcomes, argues R Jagannathan.

'They wanted to strike terror in India'

'They wanted to strike terror in India'

Rediff.com11 Mar 2023

'The entire idea behind the serial bomb blasts was to strike fear in the minds of Indians.' 'I don't think the blasts were targeted to derail the Indian economy; the idea behind the blasts was retribution.'

Lok Sabha approves Delhi services bill by voice vote, AAP cries foul

Lok Sabha approves Delhi services bill by voice vote, AAP cries foul

Rediff.com3 Aug 2023

The Government of National Capital Territory of Delhi (Amendment) Bill, 2023, which will replace an ordinance promulgated for handling the transfers and postings of senior officers in the city government, was passed in the Lok Sabha on Thursday amid a walkout by opposition parties.

G20 Summit: The biggest challenge India faces is...

G20 Summit: The biggest challenge India faces is...

Rediff.com8 Sep 2023

The biggest question looming over the summit is whether there will be a joint leaders' declaration in view of the sharp differences between the West and the Russia-China combine on the text to describe the Ukraine conflict in the document.

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.'

UBS buy gives Credit Suisse India employees a glimmer of hope

UBS buy gives Credit Suisse India employees a glimmer of hope

Rediff.com28 Mar 2023

UBS stepping in to save Credit Suisse with a $3.2-billion acquisition has provided the beleaguered Swiss bank's India employees a glimmer of hope. The surprise deal - engineered by the Swiss government - has triggered optimism of fewer job losses at Credit Suisse's India unit and better synergies at key verticals, such as wealth management and investment banking. "UBS is a much stronger hand. Coming within its fold will give Credit Suisse's wealth management and investment banking divisions a good home.

Microsoft is very committed to India: Satya Nadella

Microsoft is very committed to India: Satya Nadella

Rediff.com4 Jan 2023

Microsoft chairman and CEO Satya Nadella on Wednesday highlighted the importance of driving inclusivity and empowerment through technology and economic growth and asserted that the company is "very committed to India". He was speaking at Microsoft's Tech for Good and Education showcase, an event that highlighted the impact created by technology in the areas of philanthropic work and education. Nadella did a walk through, interacting with teachers, students and professionals who are making a difference in the society, by leveraging various Microsoft programs, initiatives and tools.

Security forces carry out op to seize arms in Manipur

Security forces carry out op to seize arms in Manipur

Rediff.com27 May 2023

Armed vigilante groups have been taking the law into their own hands in parts of Manipur, in the wake of ethnic rioting earlier, thus complicating the peace process. At times, militant groups have joined in the fray, creating an even more volatile cocktail of ethnic tension.

Govt tweaks licensing norms for laptop, computer imports

Govt tweaks licensing norms for laptop, computer imports

Rediff.com19 Oct 2023

The government on Thursday tweaked curbs on imports of laptops and computers as it allowed importers to bring in shipments of IT hardware from overseas on a mere 'authorisation' upon detailing quantity and value. The new 'import management system' is aimed at monitoring shipments of laptops, tablets and computers into the country without hurting market supply or creating a cumbersome licensing regime. The announcement is likely to provide relief to companies in the IT hardware segment in India as they had flagged concerns over the imposition of a strict licensing regime for importers.

Several Pak agencies using Israel's intrusive cyber tech since 2012: Report

Several Pak agencies using Israel's intrusive cyber tech since 2012: Report

Rediff.com3 Aug 2023

Unlike Israeli company NSO, whose sale of Pegasus cyber tech grabbed worldwide attention, and other manufacturers of offensive-cyber products, Cellebrite operates in a grey area between security exports and civilian ones.

Russian prepares major attack on Kyiv; seizes nuclear plant

Russian prepares major attack on Kyiv; seizes nuclear plant

Rediff.com12 Mar 2022

Latest satellite images issued by United States company Maxar revealed that Russian forces are getting ready for a massive offensive in the Ukrainian capital city of Kyiv.

Another bid on Imran's life possible, govt must look into matter: Pak judge

Another bid on Imran's life possible, govt must look into matter: Pak judge

Rediff.com18 Nov 2022

Justice Farooq said the PTI should submit a fresh plea to the Islamabad administration seeking permission for its long march, demanding early general election.

Trump bans US investments in firms linked to Chinese military

Trump bans US investments in firms linked to Chinese military

Rediff.com13 Nov 2020

The executive order, which was signed by Trump on Thursday, prohibits certain purchases involving publicly traded securities or any securities that are derivative of or are designed to provide investment exposure to such securities of any Communist Chinese military company.

Modinomics: Indianised capitalism is the need of the hour

Modinomics: Indianised capitalism is the need of the hour

Rediff.com5 Jun 2015

The temptation to rehash Manmohanomics is not going to deliver the achche-din that Narendra Modi has promised, warns Sriram Balasubramanian.

Was Pakistan airspace used in drone strike that killed Zawahiri?

Was Pakistan airspace used in drone strike that killed Zawahiri?

Rediff.com4 Aug 2022

The US drone strike that killed Ayman al-Zawahiri has raised questions over Pakistan's possible role in the raid amid reports suggesting that the country's airspace could have been used for carrying out the precision strike on the Al Qaeda chief's safe house in Kabul.

Drone-Fired US Missiles Kill Al-Qaeda 'Emir'

Drone-Fired US Missiles Kill Al-Qaeda 'Emir'

Rediff.com2 Aug 2022

A US drone killed al-Qaeda leader Ayman al-Zawahri at a house in Kabul, where he had been living with his family, on Saturday.

No thaw seen in start-up funding winter despite 231 deals this year

No thaw seen in start-up funding winter despite 231 deals this year

Rediff.com30 Mar 2023

For a segment that thrives on promise more than performance, the country's start-up ecosystem is refusing to get carried away by the funding this calendar year. This has created the highest level of uninvested venture capital in seven years as investors wait for corrections in the working and - more importantly - valuation of start-ups while looking for cockroaches instead of unicorns. "Investors are now keen to invest in companies that have good top and bottom lines.

Time to rethink civil services recruitment process: Parl panel

Time to rethink civil services recruitment process: Parl panel

Rediff.com4 Aug 2023

It is high time to rethink the entire recruitment process for the civil services, the Department-related Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice opined in its latest report.

Ludhiana court blast accused held in Germany

Ludhiana court blast accused held in Germany

Rediff.com28 Dec 2021

A police officer said that during the investigation names of two suspects residing in Pakistan and Germany, both from banned Sikh organisations, have emerged.

White House reception done, Modi-Biden get down to brass tacks

White House reception done, Modi-Biden get down to brass tacks

Rediff.com22 Jun 2023

Prime Minister Narendra Modi held talks with US President Joe Biden at the White House on Thursday to discuss a wide range of issues of mutual and global interests, aimed at further boosting the Indo-US strategic relations in areas like defence, space, clean energy and critical technologies.

Delhi on high alert over terror threat

Delhi on high alert over terror threat

Rediff.com22 Jun 2020

Intelligence agencies have alerted police on the possibility of four to five men entering the national capital with an intention to carry out a terror attack.

Manipur: BJP's Formidable Internal Security Challenge

Manipur: BJP's Formidable Internal Security Challenge

Rediff.com12 Jun 2023

There are three things you never do in a small North East state: Undermine local leaders, divide and rule, push homogenisation, asserts Shekhar Gupta.

Bulk of Russian forces 30km from centre of Kyiv: UK

Bulk of Russian forces 30km from centre of Kyiv: UK

Rediff.com26 Feb 2022

Taking to Twitter, the ministry shared the intelligence update and said, 'Russian forces have continued their advance on Kyiv with the bulk of their forces now 30km from centre of the city.'

At least 61 killed, 150 injured in suicide blast at Pak mosque

At least 61 killed, 150 injured in suicide blast at Pak mosque

Rediff.com30 Jan 2023

The blast occurred in the mosque in the Police Lines area around 1.40 pm when a suicide bomber present in the front row during the Zuhr (afternoon) prayers blew himself up, security officials said.

Who Benefits From Imran Khan Attack?

Who Benefits From Imran Khan Attack?

Rediff.com4 Nov 2022

The rather amateurish, even ham-handed, attack would lend some credence to a 'false flag' theory, of the PTI leadership staging this incident, to provide new impetus to a flagging agitation, notes Rana Banerji, who headed the Pakistan desk at RAW, India's external intelligence agency.

'Technology' appears 44 times in Modi-Biden statement, up from 5 three years ago

'Technology' appears 44 times in Modi-Biden statement, up from 5 three years ago

Rediff.com24 Jun 2023

From the seas to the stars, this partnership will now be deepened by the defining role of technology, the statement said.

ED raids Dawood's sister, 10 other places in Mumbai in money-laundering case

ED raids Dawood's sister, 10 other places in Mumbai in money-laundering case

Rediff.com16 Feb 2022

The ED conducted multiple searches in Mumbai as part of a money laundering probe into the operations of the underworld and linked illegal property deals and hawala transactions, official sources said.

Imran Khan alleges abduction by army chief, returns to Lahore home after bail

Imran Khan alleges abduction by army chief, returns to Lahore home after bail

Rediff.com13 May 2023

A triumphant Khan returned to his Lahore home on Saturday after having locked himself in the Islamabad high court premises for hours for fear of re-arrest despite being granted bail on Friday.