News for 'International Management Institute'

After Namibia, India likely to get 12 more S African cheetahs in Feb

After Namibia, India likely to get 12 more S African cheetahs in Feb

Rediff.com27 Jan 2023

Modi had released the first batch of eight eight spotted felines -- five females and three males -- from Namibia into a quarantine enclosure at Kuno on his 72nd birthday on September 17 last year.

RBI rate hike, Fed fears spook markets, Sensex plunges Rs 1300 pts

RBI rate hike, Fed fears spook markets, Sensex plunges Rs 1300 pts

Rediff.com4 May 2022

Equities went into a tailspin on Wednesday after the Reserve Bank surprised the market with a mid-cycle rate hike in a bid to tame soaring inflation.

Modi to release 8 Namibian cheetahs into MP park on his birthday

Modi to release 8 Namibian cheetahs into MP park on his birthday

Rediff.com14 Sep 2022

The large carnivore got completely wiped out from India due to their use for coursing, sport hunting, over-hunting and habitat loss.

Govt to promote Kisan Drones, chemical-free farming

Govt to promote Kisan Drones, chemical-free farming

Rediff.com1 Feb 2022

The Centre will promote Kisan Drones, chemical-free natural farming, public-private partnerships for the delivery of digital and high-tech services to farmers across the country during the financial year 2022-23, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting the Budget 2022-23 in Parliament, Sitharaman said the inclusive development is one of the four priorities of the government moving forward. As part of the inclusive development, the government will promote the use of 'Kisan Drones' for crop assessment, digitisation of land records and spraying of insecticides. The government will also facilitate a fund with blended capital raised under the co-investment model through Nabard to finance agri start-ups and rural enterprises, she said.

Phew! IT companies return to hire at B-schools

Phew! IT companies return to hire at B-schools

Rediff.com29 Jan 2018

After last year's lull, number of offers jump by 15%.

HR Guru: Why do freshers get less salary hike?

HR Guru: Why do freshers get less salary hike?

Rediff.com1 Sep 2022

HR Guru Mayank Rautela offers practical advice.

Russia's Supply of S-400 Missiles Moving 'Smoothly'

Russia's Supply of S-400 Missiles Moving 'Smoothly'

Rediff.com4 Sep 2022

Russia has almost completed the delivery of major components of the second regiment of the weapon systems.

Want to be an investment banker?

Want to be an investment banker?

Rediff.com27 Feb 2019

The CFA Institute is inviting applications for its Young Women in Investment initiative.

Assam To New York: A Supermodel's Journey

Assam To New York: A Supermodel's Journey

Rediff.com27 Jan 2022

The girl from the north east who now walks for the best names in international fashion today was content wearing hand-me-downs from cousins those days.

Monkeypox case in Delhi takes India's tally to 4; govt holds high-level meet

Monkeypox case in Delhi takes India's tally to 4; govt holds high-level meet

Rediff.com24 Jul 2022

The man had attended a stag party recently in Manali in Himachal Pradesh.

Sensex nosedives 1,491 points on manic Monday

Sensex nosedives 1,491 points on manic Monday

Rediff.com7 Mar 2022

From the 30-share pack, Indusind Bank, Axis Bank, Maruti Suzuki, Bajaj Finance, Bajaj Finserv, UltraTech Cement and Mahindra & Mahindra were the biggest drags, tumbling up to 7.63 per cent.

Will the entry of PEs into banks lead to better governance?

Will the entry of PEs into banks lead to better governance?

Rediff.com24 Mar 2022

Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.

Align Omicron travel rules with ours: Govt tells Maharashtra

Align Omicron travel rules with ours: Govt tells Maharashtra

Rediff.com1 Dec 2021

After the Maharashtra government revised the guidelines on quarantine for international passengers in view of concerns over the Omicron variant, the Centre on Wednesday asked the state to align its order with the SOPs issued by the Union Health Ministry.

'Unprecedented vaccine trial in India'

'Unprecedented vaccine trial in India'

Rediff.com23 Dec 2020

Bharat Biotech recruited 13,000 participants for the Phase-3 clinical trial of Covaxin. This is one of the largest efficacy trials held in the country.

Govt issues guidelines for monkeypox patients, here are the details

Govt issues guidelines for monkeypox patients, here are the details

Rediff.com27 Jul 2022

One has to stay in isolation for 21 days from the last contact with a monkeypox patient or their contaminated materials, they said.

Bindra to help Delhi HC-appointed committee run IOA

Bindra to help Delhi HC-appointed committee run IOA

Rediff.com16 Aug 2022

The Delhi High Court on Tuesday directed the setting up of a three-member Committee of Administrators (CoA) to take over the affairs of the Indian Olympic Association (IOA).

5 SUPER COOL courses you should pursue in 2020

5 SUPER COOL courses you should pursue in 2020

Rediff.com19 Dec 2019

Did you know that ethical hackers earn anything between Rs 800 to Rs 1,000 per hour?

Ola CEO Bhavish Aggarwal to focus more on long-term strategy

Ola CEO Bhavish Aggarwal to focus more on long-term strategy

Rediff.com13 Apr 2022

Ola founder and chief executive officer (CEO) Bhavish Aggarwal will step back from day-to-day operations to focus more on engineering functions, team building, and products, apart from focusing on long-term strategic projects, such as two-wheelers, cars, and innovations in quick commerce and international expansion. "I'll be spending more time with all engineering functions, team building, and on products," said Aggarwal in an internal note, adding, "I'll also be increasing my focus on our longer-term strategic projects, including new two-wheeler products, our car project, innovations in quick commerce, electrifying ride-hailing, our cell research and development (R&D), international expansion, building our Pune technology (tech) centre, and Futurefoundry UK." To drive scale, speed, and quality, Aggarwal said he is expanding Ola Group's chief financial officer (CFO) G R Arun Kumar's role to help him steer 'day-to-day operations' across the group.

'US didn't tell Pakistan to oust me'

'US didn't tell Pakistan to oust me'

Rediff.com14 Feb 2023

'From what evidence has come up, General Bajwa somehow managed to tell the Americans that I was anti-American.' 'And so, it [the plan to oust me] wasn't imported from there. It was exported from here to there.'

SpiceJet to transfer logistics biz to subsidiary

SpiceJet to transfer logistics biz to subsidiary

Rediff.com21 Sep 2021

SpiceJet on Tuesday said shareholders have approved the transfer of its cargo and logistics services business to a subsidiary, on a slump sale basis, through an all-share deal worth over Rs 2,555 crore, a move that will help the airline to significantly reduce its negative networth. Besides, the shareholders have cleared the proposal to raise up to Rs 2,500 crore through the Qualified institutional placement (QIP) route. These developments also come at a time when the airline industry is slowly recovering after being battered by the coronavirus pandemic.

4 dead as ONGC chopper falls into sea off Mumbai coast

4 dead as ONGC chopper falls into sea off Mumbai coast

Rediff.com28 Jun 2022

An ONGC helicopter carrying nine persons including two pilots, on Tuesday fell into the sea while attempting to land on a company's rig in the Arabian Sea, the company said, adding that six persons have so far been rescued.

Want To Be An Investment Banker?

Want To Be An Investment Banker?

Rediff.com7 Apr 2022

2022 is shaping up as the year brimming with job opportunities for people who possess relevant skillsets. Therefore, it is crucial for fresh graduates and young professionals to enroll in relevant certification courses to add more feathers to their introductory portfolio

Three Covid positive UK returnees isolated at Goa airport

Three Covid positive UK returnees isolated at Goa airport

Rediff.com10 Dec 2021

Three passengers, including a British national of Goan-origin, who arrived at the international airport near here on a flight from the United Kingdom on early Friday, tested positive for COVID-19, state Health Minister Vishwajit Rane said.

'Cyber attackers are 10 steps ahead'

'Cyber attackers are 10 steps ahead'

Rediff.com4 Apr 2023

'Hacking of an ID or an account will have the same impact on a user in a city and one in a small town.' 'Security is like a railroad, you create it to last for every customer.'

'No Time Till The Oscar Storm Passes'

'No Time Till The Oscar Storm Passes'

Rediff.com1 Nov 2022

'We have to do everything in our power to get as many Academy members to watch the film as possible.' 'After that, I am confident, my film will speak for itself.'

How the Nirav Modi show manages to go on

How the Nirav Modi show manages to go on

Rediff.com15 Feb 2018

Modi has been relentless in building his brand regardless of banks having a problem of fraudulent and unauthorised transactions with his companies.

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

Rediff.com12 Aug 2022

From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.

Sebi's new rules for executing trades may open Pandora's box for MFs

Sebi's new rules for executing trades may open Pandora's box for MFs

Rediff.com23 Dec 2020

Fund managers may end up losing out on crucial information during market hours, leading to information asymmetry vis-a-vis other institutional investors such as alternative investment funds, insurance players, or foreign portfolio investors.

Why Raghuram Rajan Raced At RBI

Why Raghuram Rajan Raced At RBI

Rediff.com13 Jan 2023

The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank balance sheets, and opening the sector -- makes one believe that Rajan knew he had only three years to do his job. A fascinating excerpt from Tamal Bandyopadhyay's MUST-READ Roller Coaster: An Affair with Banking.

Eicher Motors shareholders refuse to re-appoint Siddhartha Lal as MD

Eicher Motors shareholders refuse to re-appoint Siddhartha Lal as MD

Rediff.com20 Aug 2021

Eicher Motors' shareholders in its recently held annual general meeting (AGM) have rejected a proposal for re-appointment of Siddhartha Lal as the company's managing director for a period of five years with effect from May 1 this year. During the company's 39th AGM, which was held earlier this week, the members also rejected the proposal of increasing Lal's remuneration. While 73 per cent of the votes favoured the re-appointment, the rest 27 per cent were against it.

Govt mulls permitting foreign investment in LIC

Govt mulls permitting foreign investment in LIC

Rediff.com24 Aug 2021

The government is mulling allowing foreign direct investment (FDI) in the country's largest insurer LIC, a move which would help overseas investors take part in the company's proposed mega IPO, sources said. The proposal is under discussion between the Department of Financial Services and Department of Investment and Public Asset Management (DIPAM). "Discussions have been going on for the proposal for the last few weeks. "It would also go for inter-ministerial discussions and would also require Cabinet nod," a source said.

Kerala moves SC against decision to lease airport to Adani

Kerala moves SC against decision to lease airport to Adani

Rediff.com24 Nov 2020

Seeking an interim stay of the high court's verdict, the plea filed through lawyer C K Sasi said that it has challenged the 'arbitrary and illegal action' of the Airports Authority of India in attempting to prefer a particular private concessionaire, Adani Enterprises Ltd, for the operation, management and development of Thiruvananthapuram International Airport.

QS Rankings: These are the top 20 MBA colleges in the world

QS Rankings: These are the top 20 MBA colleges in the world

Rediff.com28 Mar 2018

The QS World Rankings 2018 lists the best universities to pursue business and management.

Gujarat, Karnataka are best states for start-ups

Gujarat, Karnataka are best states for start-ups

Rediff.com4 Jul 2022

Gujarat and Karnataka have been ranked as the best performers in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Among smaller states having population of less than one crore, Meghalaya has been adjudged as the best performer. The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.

'Private equity can transform banks'

'Private equity can transform banks'

Rediff.com22 Mar 2021

'Facilitating conversion of well-run NBFCs into banks is urgently needed.'

'Our partnership with BharatPe is firm and good'

'Our partnership with BharatPe is firm and good'

Rediff.com8 Feb 2022

'Banking is a business of trust.'

Budget proposes major boost for infra sector

Budget proposes major boost for infra sector

Rediff.com1 Feb 2021

Expressing commitment to augment the country's infrastructure, Finance Minister Nirmala Sitharaman on Monday proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetizing assets to achieve the goals of the National Infrastructure Pipeline (NIP). Sitharaman said NIP, that was launched in December 2019 with 6,835 projects, has now been expanded to 7,400 projects and around 217 projects worth Rs 1.10 lakh crore under some key infrastructure ministries have been completed. "For 2021-22, I propose a sharp increase in capital expenditure and thus have provided Rs 5.54 lakh crores which is 34.5% more than the BE of 2020-21," the finance minister said.

What Rakesh Gangwal's exit from IndiGo may mean for the airline

What Rakesh Gangwal's exit from IndiGo may mean for the airline

Rediff.com18 Mar 2022

On February 19, India's largest private low-fare airline IndiGo announced the resignation of one of the two founders, Rakesh Gangwal, from the airline's board and his intentions of offloading his stake in the airline over the next five years. The announcement came on a Friday, giving the stock markets the weekend to absorb the news but the markets registered a tepid response on Monday's opening. In contrast, in July 2019, when the fight between the two founders and erstwhile friends first became public, the markets reacted savagely. The IndiGo scrip at the time fell 19 per cent, wiping out millions of rupees of shareholder wealth before bouncing back. For readers who may be hazy on the details of the dispute, here is the context.

CPM member introduces bill to regulate appointment of judges, AAP opposes

CPM member introduces bill to regulate appointment of judges, AAP opposes

Rediff.com9 Dec 2022

The National Judicial Commission Bill, 2022, was introduced after the majority of voice votes were in its favour.

How BJP ensures beneficiaries of govt schemes vote for it

How BJP ensures beneficiaries of govt schemes vote for it

Rediff.com28 Feb 2022

A vistarak is assigned to convince voters of the 'far-reaching benefits' of the schemes and doles handed out by the Centre and the UP government.