News for 'International Management Group'

Draft DPDP rules: Task cut out for banks as operational challenges loom

Draft DPDP rules: Task cut out for banks as operational challenges loom

Rediff.com9 Jan 2025

The draft digital personal data protection (DPDP) rules, which require banks to obtain explicit consent from their customers before using their data for purposes beyond the original intent, although is being followed in spirit, leaves no room for regulatory arbitrage, experts said. They said that the potential business impact is difficult to assess at this stage, but the formalisation of these rules will mean banks now need to establish clear data processing agreements with third-party entities to ensure compliance.

Top-level Indo-Bangla talks next week, first after Hasina's ouster

Top-level Indo-Bangla talks next week, first after Hasina's ouster

Rediff.com14 Feb 2025

The border forces of India and Bangladesh will hold their bi-annual talks next week in New Delhi, with issues such as border fence construction and attacks on BSF personnel and civilians by Bangladeshi miscreants figuring among the discussion points. The 55th Director General-Level Border Coordination Conference between BSF and the Border Guard Bangladesh (BGB) will be organised at the Border Security Force (BSF) headquarters in New Delhi between February 17-20. The conference will be the first top-level meeting between the two sides after the fall of the Sheikh Hasina government in August last year. Discussions will be held on prevention of attacks on BSF personnel and Indian civilians by Bangladesh-based miscreants/nationals, how to prevent trans-border crimes, construction of a single-row fence, action against Indian Insurgent Groups in Bangladesh, issues related to border infrastructure, joint efforts for effective implementation of the Coordinated Border Management Plan, Confidence Building Measures and other issues.

The Strange Cases Of Sanju, Siraj, Karun

The Strange Cases Of Sanju, Siraj, Karun

Rediff.com20 Jan 2025

Sanju Samson will feel hard done by after being left out and so will Mohammed Siraj.

No wives: BCCI's strict rule for Champions Trophy

No wives: BCCI's strict rule for Champions Trophy

Rediff.com13 Feb 2025

Families will not be accompanying the Indian cricket players heading to Dubai on February 15 for the ICC Champions Trophy as the BCCI's new travel policy comes into effect for the first time with this tournament.

'When the market is good, you have to capitalise on it'

'When the market is good, you have to capitalise on it'

Rediff.com29 Nov 2024

'Within India, people want high-quality, personalised banking services, and the demand for such services has exploded.'

Items worth Rs 1.5 cr looted during attack on Manipur MLA's home

Items worth Rs 1.5 cr looted during attack on Manipur MLA's home

Rediff.com21 Nov 2024

The mother of Janata Dal-United MLA Kh Joykishan Singh in Manipur has lodged a complaint, alleging that Rs 18 lakh in cash and jewellery items worth Rs 1.5 crore were looted by a mob that vandalised the legislator's residence on November 16, police said on Thursday.

Adani's younger son Jeet to wed on Feb 7; no celebrities invited

Adani's younger son Jeet to wed on Feb 7; no celebrities invited

Rediff.com21 Jan 2025

Billionaire Gautam Adani's younger son Jeet will wed next month in a simple and traditional ceremony, without any pomp and show and celebrity stars. Adani, on Mahakumbh pilgrimage with his family, scorched speculations of a star-studded wedding of his son Jeet with Diva Shah, daughter of Surat diamond merchant Jaimin Shah. "It will be a very simple, traditional marriage... just like common people," he told reporters in Prayagraj.

'We'll take that': Rohit hails India's resilience

'We'll take that': Rohit hails India's resilience

Rediff.com18 Dec 2024

Rohit Sharma hailed the resilience of the lower-order batters after his team managed to salvage a crucial draw in the rain-hit third Test against Australia in Brisbane

Hotel Rates Hit Record High In '24

Hotel Rates Hit Record High In '24

Rediff.com19 Dec 2024

Driven by a boom in domestic tourism, a record number of weddings in November and December, and a surge in extended weekend vacations.

upGrad Course Free For 100,000 Learners

upGrad Course Free For 100,000 Learners

Rediff.com18 Oct 2024

Intern-Zip will teach 'technical savviness', soft skills and professional development. It would skill individuals in Microsoft Office and ChatGPT. It will include communication, problem-solving, time management, professional grooming, and networking.

Why analysts have downgraded growth and margin expectations of Dabur

Why analysts have downgraded growth and margin expectations of Dabur

Rediff.com14 Jan 2025

Dabur's pre-quarterly update for Q3FY25 disappointed the market with the share dropping by 3.9 per cent. Growth was slower than expected and inflation hit margins. The management said that the fast-moving consumer goods (FMCG) consumption in rural markets was resilient and continued to grow faster than in urban markets.

PIX: Kohli's 100 crushes Pak as India seal semis spot

PIX: Kohli's 100 crushes Pak as India seal semis spot

Rediff.com23 Feb 2025

IMAGES from the Champions Trophy Group A match played between India and Pakistan at the Dubai International Cricket Stadium, in Dubai on Sunday.

Modi, Macron fly together to Marseille, open new Indian consulate

Modi, Macron fly together to Marseille, open new Indian consulate

Rediff.com12 Feb 2025

Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.

No pressure to sell airport to Adani: GVK Group rebuts Rahul Gandhi

No pressure to sell airport to Adani: GVK Group rebuts Rahul Gandhi

Rediff.com8 Feb 2023

The company's comments came a day after Gandhi alleged in Lok Sabha that 'Mumbai airport, was taken away from GVK using agencies such as the CBI and the ED, and was given to Adani by the Government of India'.

Adani Group touts 'very healthy' balance sheet to calm investors

Adani Group touts 'very healthy' balance sheet to calm investors

Rediff.com15 Feb 2023

Billionaire Gautam Adani's embattled conglomerate said its balance sheet is "very healthy" and is laser focused on continuing business momentum, as it looked to reassure investors to keep faith in the conglomerate despite a share rout triggered by a damning report by a US short-seller. Group CFO Jugeshinder (Robbie) Singh in an earnings call said the group is confident of its internal controls, compliance and corporate governance. Separately, it released a compendium of group companies to highlight that it has adequate cash reserves and has ability to refinance debt.

PIX: Spain edge Switzerland; Croatia, Denmark in quarters

PIX: Spain edge Switzerland; Croatia, Denmark in quarters

Rediff.com19 Nov 2024

A late penalty from Bryan Zaragoza secured Spain a 3-2 win over Switzerland in their final Nations League Group A4 game on Monday.

Demand woes likely to keep a lid on HUL stock in near term

Demand woes likely to keep a lid on HUL stock in near term

Rediff.com24 Jan 2025

The October-December quarter (Q3FY25) results of fast moving consumer goods (FMCG) major Hindustan Unilever (HUL) indicated weak demand, with urban growth muted and rural showing recovery. Consolidated revenue grew by 1.6 per cent (volume was flat) to Rs 15,818 crore, due to price hikes. Prices of key raw materials such as palm oil and tea remained elevated, leading to compression of gross margin.

From 2021 Pain To CT Glory: Varun's Dubai Redemption

From 2021 Pain To CT Glory: Varun's Dubai Redemption

Rediff.com3 Mar 2025

Varun Chakravarthy now holds the best figures by an Indian bowler on Champions Trophy debut. His five wicket haul in just his second ODI is the earliest by an Indian in 50 overs cricket.

IIM grads get higher salaries, international offers

IIM grads get higher salaries, international offers

Rediff.com2 Mar 2022

'IIM Ahmedabad has seen one of the best placement seasons ever and this change can be attributed to the markets opening up after the pandemic.'

US sanctions hit Russian oil supply to India; March supplies may be hit

US sanctions hit Russian oil supply to India; March supplies may be hit

Rediff.com23 Jan 2025

The wide-ranging sanctions imposed by the US on the Russian oil sector have started to dent near-term oil flows to India with state-owned Bharat Petroleum Corporation Ltd (BPCL) saying not enough cargoes are available for March.

Adani group refutes report on loans from PSBs

Adani group refutes report on loans from PSBs

Rediff.com6 Sep 2022

Richest Indian Gautam Adani's conglomerate has cited an improved net debt to operating profit ratio and more than halving of loans from public sector banks to allay concerns about it being overleveraged. In a 15-page note in response to CreditSights report calling the group overleveraged, it said companies in the group have consistently de-levered, with the net debt to Ebitda ratio declining to 3.2 times from 7.6 times in the last nine years. "The businesses operate on a simple yet robust and repeatable business model focused on development and origination, operations and management and capital management plan," the note, reviewed by PTI, said.

Half of India Faces Glucose Imbalance

Half of India Faces Glucose Imbalance

Rediff.com5 Dec 2024

'Obesity, especially central obesity and increased visceral fat due to physical inactivity, along with the consumption of high-calorie, high-fat, and high-sugar diets, are major contributing factors.'

Xiaomi India head Muralikrishnan B resigns

Xiaomi India head Muralikrishnan B resigns

Rediff.com5 Nov 2024

Chinese smart devices firm Xiaomi's India head Muralikrishnan B has resigned from the company to pursue his interest in academic research, the company said on Monday. He will continue to support Xiaomi India as an independent Strategic Advisor, the company said. "Muralikrishnan B, the current President of Xiaomi India, will be transitioning out of his role at the end of the year.

How the stock markets will fare this week

How the stock markets will fare this week

Rediff.com29 Dec 2024

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.

Investment bankers' fees to manage IPOs jump as issue size shrink in 2023

Investment bankers' fees to manage IPOs jump as issue size shrink in 2023

Rediff.com19 Oct 2023

The fees charged by investment banks to manage initial public offerings (IPOs) have increased to an average 3.23 per cent of the issue size this calendar year, the highest since 2020. The average fee is up 8 per cent compared to last year, when it stood at 2.99 per cent. The investment banking fees have increased as the average IPO size has shrunk this year.

Tension in Odisha college as Nepali student ends life; one detained

Tension in Odisha college as Nepali student ends life; one detained

Rediff.com18 Feb 2025

A third-year B-Tech student at Kalinga Institute of Industrial Technology (KIIT) in Bhubaneswar, India, died by suicide in her hostel. Police are investigating a possible case of blackmail by a male student, who is currently in custody. The incident sparked protests from Nepali students on campus, leading to heightened security measures and the temporary relocation of some students.

Centre on alert over HMPV outbreak in China

Centre on alert over HMPV outbreak in China

Rediff.com3 Jan 2025

The National Centre for Disease Control (NCDC) under the Union health ministry is closely monitoring respiratory and seasonal influenza cases in the country, and is in touch with international agencies, according to official sources.

Air India cabin crew assaulted at London hotel

Air India cabin crew assaulted at London hotel

Rediff.com18 Aug 2024

Sources in the know said a homeless man barged into the room at the hotel where the female cabin crew was staying and assaulted her.

Why CEOs, Bankers Want To Be Like Bumrah

Why CEOs, Bankers Want To Be Like Bumrah

Rediff.com7 Jan 2025

From CEOs to RBI governors, cricket's rich imagery and strategy resonate deeply with leadership, uncertainty, and decision-making across industries and global diplomacy, points out Suveen Sinha.

Abhishek Bachchan joins European T20 League as co-owner

Abhishek Bachchan joins European T20 League as co-owner

Rediff.com6 Jan 2025

With cricket being included in the 2028 Olympics, its popularity will further surge. I'm humbled and excited about this unique collaboration between the cricket boards of Ireland, Scotland, and the Netherlands.

3 temples vandalised in Bangladesh amid protests over Hindu leader's arrest

3 temples vandalised in Bangladesh amid protests over Hindu leader's arrest

Rediff.com30 Nov 2024

Three Hindu temples were vandalized by a mob in Bangladesh's Chattogram on Friday, following protests and violence sparked by the arrest of a former ISKCON member on sedition charges. The attack occurred in the port city's Harish Chandra Munsef Lane, where the Shantaneshwari Matri Temple, the nearby Shoni Temple, and the Shantaneshwari Kalibari Temple were targeted. Temple authorities reported that a group of hundreds threw brickbats at the temples, causing damage to the Shoni Temple and the gates of the other two. The incident has triggered diplomatic tensions between India and Bangladesh, with both countries expressing concerns over the safety of their respective minorities.

US Accuses Adani Of Bribing Officials

US Accuses Adani Of Bribing Officials

Rediff.com21 Nov 2024

Gautam Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion profit over 20 years.

Sunny skies await Indian aviation?

Sunny skies await Indian aviation?

Rediff.com23 Dec 2024

The trails of mega-mergers, tailwinds of expanding fleets, flights and airports will dot the fast-growing Indian aviation firmament in 2025, though the dark clouds of supply chain woes will persist longer. Also, new airline takeoffs, the future trajectory of revised norms to tackle pilot fatigue and efforts to reduce carbon emissions will be on the radar.

Better demand trends upgrade Indian Hotels to prfit suite

Better demand trends upgrade Indian Hotels to prfit suite

Rediff.com18 Nov 2024

After a quiet April-June quarter in 2024-25 (FY25), the operational and financial performance of India's largest listed hotel company, Indian Hotels Company, clearly rebounded in the July-September quarter (Q2) of FY25. With double-digit growth in the average room rate (ARR) and higher occupancy, the Taj Hotels chain owner reported a 16 per cent revenue increase and a 30 per cent rise in operating profit.

After The Oval Office Fracas, What Next For Ukraine?

After The Oval Office Fracas, What Next For Ukraine?

Rediff.com3 Mar 2025

Trump knows by now that the western narrative of Biden's war is a load of bullshit peppered with falsehoods and outright lies, and that the war erupted only out of the diabolic western plot to poke the bear, which got provoked finally and hit out, explains Ambassador M K Bhadrakumar.

MLC: LA Knight Riders, MI New York rope in top international names

MLC: LA Knight Riders, MI New York rope in top international names

Rediff.com16 Jun 2023

LA Knight Riders and MI New York have roped in top international stars for the debut season of the Major League Cricket.

Nations League PIX: France, England win; Israel upset Belgium

Nations League PIX: France, England win; Israel upset Belgium

Rediff.com18 Nov 2024

Israel debutant Yarden Shua scored an 86th-minute winner as they upset more fancied Belgium 1-0 in Budapest on Sunday.

India's HMPV cases rise to 5; govt says no need to panic

India's HMPV cases rise to 5; govt says no need to panic

Rediff.com6 Jan 2025

It is important to note that neither of the patients have any history of international travel, the ministry underlined.

Tata Group uses internal portal to retain talent and cut costs

Tata Group uses internal portal to retain talent and cut costs

Rediff.com25 Jun 2012

The Tata companies employ 4,25,000 people across seven sectors, worldwide, thus constituting a vast talent pool. "An initiative like this enables us to retain and nurture talent, and at the same time gives existing employees a chance to move across locations," says Satish Pradhan, chief, group human resources, Tata Sons.

Adani Group repays loans worth $2.65 bn to complete prepayment programme

Adani Group repays loans worth $2.65 bn to complete prepayment programme

Rediff.com5 Jun 2023

Embattled Adani Group on Monday said it has repaid loans aggregating $2.65 billion to complete a prepayment programme to cut overall leverage in an attempt to win back investor trust post a damning report of a US short seller. In a Credit Note released on Monday, Adani Group said it has made a full prepayment of $2.15 billion of loans that were taken by pledging shares in the conglomerate's listed firms and also another $700 million in loans taken for the acquisition of Ambuja Cement. "The prepayment was done along with interest payment of $203 million," it added.