News for 'International Holding Company'

Asia Cup: India's old guard holds the key against Pakistan

Asia Cup: India's old guard holds the key against Pakistan

Rediff.com27 Aug 2022

While Rohit Sharma will be eager to test his ultra-aggressive batting template against the Asian giants, for Virat Kohli it is the perfect platform to return to form after enduring a tough phase in the last few years.

Egyptian company spooks Tata Chem

Egyptian company spooks Tata Chem

Rediff.com18 Jun 2005

BharatPe files arbitration to claw back co-founder Ashneer Grover's 1.4% shares

BharatPe files arbitration to claw back co-founder Ashneer Grover's 1.4% shares

Rediff.com9 Dec 2022

Upping the ante, fintech unicorn BharatPe has filed an arbitration for clawing back it's former MD and co-founder Ashneer Grover's restricted shareholding and founder title, sources said. The arbitration was filed on Thursday under Singapore International Arbitration Centre (SIAC) rules, sources with direct knowledge of the matter said. If relief is granted, Grover may lose his unvested shares and right to use the founder title.

JSW group keen to launch car in EV segment at Rs 15-20 lakh price tag

JSW group keen to launch car in EV segment at Rs 15-20 lakh price tag

Rediff.com7 Sep 2023

The promoter entities of JSW Group are in talks with several electric-car manufacturers in China to launch an electric car for the Indian market at Rs 15-20 lakh, a source close to the development said.

Time to Hold or Fold in the Market?

Time to Hold or Fold in the Market?

Rediff.com15 Nov 2021

The fundamental debate remains where you stand on the long-term growth question. That is what every investor must monitor and come to their own conclusions, suggests Akash Prakash.

Investing In Silver ETFs? An FAQ

Investing In Silver ETFs? An FAQ

Rediff.com7 Feb 2024

Anamika Pareek answers five most frequently asked questions about investing in silver ETFs

Health check for healers: The big audit firms are under the NFRA lens

Health check for healers: The big audit firms are under the NFRA lens

Rediff.com17 Jan 2024

In recent times, more and more audit firms have challenged company managements, some going to the extent of resigning on the ground of incompatibility with what the management wanted or was doing. This, said Ajay Bhushan Pandey, chairman of the National Financial Regulatory Authority (NFRA), in a media interview, was a good sign. Now, the national accounting watchdog has turned the spotlight on audit firms themselves.

Now buying, selling of MFs under insider trading rules

Now buying, selling of MFs under insider trading rules

Rediff.com25 Nov 2022

Capital markets regulator Sebi has amended norms to bring buying and selling of mutual fund units under the ambit of insider trading rules. At present, insider trading rules are applicable to dealing in securities of listed companies or those proposed to be listed, when in possession of Unpublished Price Sensitive Information (UPSI). The units of mutual funds are specifically excluded from the definition of securities under the rules.

Adani says will complete infra projects on time, focused on financials

Adani says will complete infra projects on time, focused on financials

Rediff.com16 Feb 2023

Adani Enterprises, the flagship of Adani Group, said on Wednesday new businesses of renewables, data centres, airports and roads account for more than 33 per cent of earnings and it will complete all infrastructure projects on time. "We are laser focused on continuing our business momentum, in this market volatility. "We are confident in our internal controls, compliance and corporate governance.

Stocks you must buy, hold or exit in the New Year

Stocks you must buy, hold or exit in the New Year

Rediff.com26 Dec 2019

Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.

Send us your tourists, Prez Muizzu urges China amid row with India

Send us your tourists, Prez Muizzu urges China amid row with India

Rediff.com10 Jan 2024

He urged China to bolster the flow of its tourists to the Maldives.

Now, small shareholders are left holding dud stocks

Now, small shareholders are left holding dud stocks

Rediff.com27 May 2015

High retail concentration in small companies; many left to fend for themselves in penny stocks

Rising costs, competition leave paint sector in need of fresh coat

Rising costs, competition leave paint sector in need of fresh coat

Rediff.com9 Oct 2023

While the four largest listed paint companies have seen marginal negative returns, the S&P BSE Fast Moving Consumer Goods (FMCG) and the National Stock Exchange Nifty FMCG indices have delivered a solid 16 per cent return during the same period. Initially, volume growth and reduced costs bolstered the sector's sentiment, but brokerages have grown cautious due to increased competitive pressures.

'Investors should stay invested'

'Investors should stay invested'

Rediff.com14 Jul 2023

'Markets are not expensive; they are fairly priced.'

Reliance to acquire Metro AG's India business for Rs 2,850 crore

Reliance to acquire Metro AG's India business for Rs 2,850 crore

Rediff.com22 Dec 2022

Reliance Industries Ltd will acquire German firm Metro AG's wholesale operations in India for Rs 2,850 crore as the conglomerate run by billionaire Mukesh Ambani seeks to strengthen its dominant position in India's mammoth retail sector. "Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, signed definitive agreements to acquire a 100 per cent equity stake in Metro Cash & Carry India for a total cash consideration of Rs 2,850 crore, subject to closing adjustments," said a joint statement. Through this acquisition, Reliance Retail will get access to a network of Metro India stores located in prime locations across key cities, along with a large base of registered kiranas and other institutional customers, and a strong supplier network.

Court seeks Newsclick stand on lifting protection from coercive action

Court seeks Newsclick stand on lifting protection from coercive action

Rediff.com11 Aug 2023

The Delhi high court on Friday sought the stand of news portal NewsClick and its editor-in-chief on a plea by the Enforcement Directorate (ED) seeking vacation of an earlier order granting them protection from coercive action in a money laundering case.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

RIL arm to buy British toy-maker Hamleys

RIL arm to buy British toy-maker Hamleys

Rediff.com9 May 2019

The world-wide acquisition of the iconic Hamleys brand and business places Reliance into the front-line of global retail.

Murdoch's News International gets new name in Britain

Murdoch's News International gets new name in Britain

Rediff.com26 Jun 2013

News International, the subsidiary of media mogul Rupert Murdoch's News Corp, was on Wednesday renamed 'News UK' as the group sought to rebuild the brand tarnished by the phone-hacking scandal.

Kerala firm to stop supplying uniform to Israeli police over Gaza war

Kerala firm to stop supplying uniform to Israeli police over Gaza war

Rediff.com21 Oct 2023

'We request everyone to stop the war. The Israel police force will not be short of uniforms because of our decision. But this a moral decision. Bombing of the hospitals cannot be accepted... We have decided not to take further orders temporarily'

Will Ideology Trump Personalities And Issues in TN Again?

Will Ideology Trump Personalities And Issues in TN Again?

Rediff.com15 Mar 2024

According to DMK, the voters are already consolidated on ideological lines, hence the impact of anti-incumbency, whether against the BJP Centre or the DMK state may not be too much, notes N Sathiya Moorthy.

Opening day blues for Paytm's mega IPO, subscribed just 18%

Opening day blues for Paytm's mega IPO, subscribed just 18%

Rediff.com8 Nov 2021

Paytm's Rs 18,300-crore IPO -- India's largest public issue to date -- was subscribed only 18 per cent on the first day of bidding on Monday.

IMEC: Project Biden Thinks Hamas Targeted

IMEC: Project Biden Thinks Hamas Targeted

Rediff.com26 Oct 2023

Israeli Prime Minister Benjamin Netanyahu termed it the 'largest cooperation project in our history', one that would 'change the face of the Middle East, Israel, and impact the entire world'.

Reliance Brands to pick 40% stake in Manish Malhotra's MM Styles

Reliance Brands to pick 40% stake in Manish Malhotra's MM Styles

Rediff.com15 Oct 2021

Reliance Brands Ltd (RBL) will pick a 40 per cent minority stake in renowned fashion designer Manish Malhotra's MM Styles Pvt Ltd, for an undisclosed sum, the two companies said on Friday. This is the first external investment for the brand, which had so far been privately held by the designer. The strategic partnership is aimed at accelerating the 16-year-old couture house's growth plans in India and across the globe, they said in a joint statement.

Former Barclays banker Ashok Vaswani to head Kotak Mahindra Bank

Former Barclays banker Ashok Vaswani to head Kotak Mahindra Bank

Rediff.com23 Oct 2023

Ashok Vaswani, a banker with more than three-and-half decades experience in building and scaling up businesses across consumer and corporate banking and payments, will be the next managing director (MD) and chief executive officer (CEO) of Kotak Mahindra Bank. Last week, the Reserve Bank of India (RBI) had given its approval to Vaswani's appointment. Vaswani is currently President of Pagaya Technologies, a US-Israeli artificial intelligence (AI) fintech firm, which he joined in June 2022.

10 small economies hold 85% of $15 trn phantom FDI

10 small economies hold 85% of $15 trn phantom FDI

Rediff.com11 Sep 2019

Phantom FDI refers to investments that pass through shell companies that have no real business activities and are tailor-made to cut tax liabilities.

Why ASUS Is Betting On Gaming

Why ASUS Is Betting On Gaming

Rediff.com24 Jul 2023

'As long as ASUS continues to introduce new products into the market, we still have a chance to grow our business in India.'

Adani Crisis: What RBI, SEBI Must Do

Adani Crisis: What RBI, SEBI Must Do

Rediff.com6 Mar 2023

In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.

Meet 10 Indians who head global tech companies

Meet 10 Indians who head global tech companies

Rediff.com12 Aug 2015

With Sundar Pichai becoming the CEO of Google, India has one more reason to cheer its prowess in the global IT sector.

Mahua Moitra writes to Speaker over Apple alerts

Mahua Moitra writes to Speaker over Apple alerts

Rediff.com1 Nov 2023

Trinamool Congress MP Mahua Moitra on Wednesday wrote to Lok Sabha Speaker Om Birla flagging alerts received by several opposition leaders about 'state-sponsored' attacks on their iPhones, and urged him to provide them protection to continue doing their duties.

With Mumbai in pocket, Adani is India's largest private airport operator

With Mumbai in pocket, Adani is India's largest private airport operator

Rediff.com31 Aug 2020

Billionaire Gautam Adani's Adani group on Monday said it has reached an agreement to acquire GVK group's shareholding and control of Mumbai airport.

Pak foreign minister disqualified by court for holding UAE work permit

Pak foreign minister disqualified by court for holding UAE work permit

Rediff.com26 Apr 2018

Pakistan's Foreign Minister Khawaja Asif now unable to hold public or party office after the verdict.

Ex-finance secy booked for corruption in currency security thread supply

Ex-finance secy booked for corruption in currency security thread supply

Rediff.com12 Jan 2023

The CBI, in its FIR, alleged that Mayaram, the UK-based company De La Rue International Ltd and unidentified officials of the finance ministry and RBI hatched a criminal conspiracy to extend undue favour to the firm.

'Xi didn't want to avoid Modi at G20'

'Xi didn't want to avoid Modi at G20'

Rediff.com27 Sep 2023

'We will likely never know why Xi decided not to travel to New Delhi. One possible explanation could be his desire to avoid a meeting with US President Joe Biden.'

What the future holds for Indian students abroad

What the future holds for Indian students abroad

Rediff.com6 May 2020

All you need to know about intakes, proficiency tests and visas.

Tata Motors to raise $1 bn in passenger EV biz

Tata Motors to raise $1 bn in passenger EV biz

Rediff.com12 Oct 2021

Homegrown auto major Tata Motors on Tuesday said it will raise $1 billion (Rs 7,500 crore) in its passenger electric vehicle business from TPG Rise Climate at a valuation of up to $9.1 billion. Tata Motors Ltd (TML) and TPG Rise Climate, the dedicated climate investing strategy of private investment firm TPG, have entered into a binding agreement in this regard. Under the agreement, TPG Rise Climate along with its co-investor ADQ, will invest in a subsidiary of Tata Motors that will be newly incorporated, the company said in a statement.

Centre-Bengal ties may hold key to investments

Centre-Bengal ties may hold key to investments

Rediff.com6 May 2021

Though the mandate is seen largely an outcome of Banerjee's welfare schemes, she has promised to industrialise at a faster pace, or so read the manifesto.

IOC puts on hold its Haldia refinery plan

IOC puts on hold its Haldia refinery plan

Rediff.com3 Jun 2009

Indian Oil Corporation, the country's largest oil marketing company, has put on hold its plan to set up a 15-million tonne refinery at Haldia due to the economic downturn.

India link in 18-point US plan to hold China accountable

India link in 18-point US plan to hold China accountable

Rediff.com15 May 2020

A top United States senator has unveiled an 18-point plan, including enhancing military ties with India, to hold the Chinese government accountable for its "lies, deception, and cover-ups" that ultimately led to the global COVID-19 pandemic.

Centre releases first ever list of 30 critical minerals

Centre releases first ever list of 30 critical minerals

Rediff.com29 Jun 2023

In a significant move to enhance its strategic resource security, India has officially released its first-ever critical minerals list, identifying 30 key critical minerals crucial to the nation's economic growth and technological development. This pioneering step aims at reducing import dependence, enhancing supply-chain resilience, and supporting the country's net-zero objectives. Union Minister Parliamentary Affairs, Coal and Mines Pralhad Joshi, while releasing the Critical Minerals for India report in New Delhi on Wednesday, said, "India is readying for an Atmanirbhar Bharat."