News for 'John Lenders'

How India Got The MiG-21 63 Years Ago

How India Got The MiG-21 63 Years Ago

Rediff.com26 Sep 2025

The MiG-21 episode demonstrates that procurement is always strategic.
Choices about what aircraft to acquire, who builds them, who supplies the spares, who trains the pilots and technicians are decisions with political consequences lasting for decades.

Beginning Of The End For Trump?

Beginning Of The End For Trump?

Rediff.com16 Jul 2025

Unless Donald Trump takes a major U turn, this is possibly the beginning of the end for Trumpian politics, argues Colonel Anil A Athale (retd). Unless President Trump takes a major U turn, this is possibly the 'beginning of the end' for Trumpian politics driven by TV trp's, points out Colonel Anil A Athale (retd).

2,000 Ex-Byju's Staff Fight For Dues

2,000 Ex-Byju's Staff Fight For Dues

Rediff.com30 May 2024

'When I called the HR department, they abused me.'

What Future plans to do after its deal with RIL was rejected

What Future plans to do after its deal with RIL was rejected

Rediff.com25 Apr 2022

Debt-ridden Future Group is now focusing on saving and rebuilding firms such as -- Future Lifestyle Fashions, Future Supply Chain Solutions, Future Consumer and Future Enterprises, after the Rs 24,713-crore deal with Reliance Retail was rejected by secured creditors, according to industry sources. However, Future Group's flagship firm Future Retail Ltd (FRL), which has nearly Rs 18,000 crore debt, is bound to face the corporate insolvency resolution process before the National Company Law Tribunal (NCLT). Other companies like Future Enterprises Ltd (FEL), Future Lifestyle Fashions Ltd (FLFL), Future Supply Chain Solutions Ltd (FSCSL), Future Consumer Ltd (FCL) can sustain on their own and can be rebuilt by restructuring their liabilities with the help of current lenders and investors, said an industry source close to the Future Group.

FTX Failure: Lessons To Be Learnt

FTX Failure: Lessons To Be Learnt

Rediff.com16 Dec 2022

Damage from new shenanigans can be contained if regulators move quickly when something does not smell right, counsels Debashis Basu.

Gita Gopinath to quit as IMF chief economist, return to Harvard

Gita Gopinath to quit as IMF chief economist, return to Harvard

Rediff.com20 Oct 2021

IMF's Chief Economist Gita Gopinath will leave her job in January next year and return to the prestigious Harvard University, according to the global financial institution.

StanChart rejigs board; CEO Sands, Asia head Bindra to leave

StanChart rejigs board; CEO Sands, Asia head Bindra to leave

Rediff.com26 Feb 2015

Leading share-holders called for change.

Deutsche Bank backs its India born co-CEO Anshu Jain

Deutsche Bank backs its India born co-CEO Anshu Jain

Rediff.com21 Feb 2014

Last month, German lender said it was co-operating with regulators in global foreign exchange probe.

Global growth still vulnerable to shocks: IMF

Global growth still vulnerable to shocks: IMF

Rediff.com11 Dec 2009

Cautioning that economic recovery remains tentative, the International Monetary Fund has said global growth is still prone to new "shocks".

Anshu Jain resigns as Deutsche Bank co-CEO: Report

Anshu Jain resigns as Deutsche Bank co-CEO: Report

Rediff.com6 Jul 2015

Jain, who, landed the top spot at Deutsche in 2012, had to resign following criticism from investors

Who will buy Citi's consumer business?

Who will buy Citi's consumer business?

Rediff.com24 May 2021

The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay.

Lehman@10: How the crisis unfolded

Lehman@10: How the crisis unfolded

Rediff.com19 Sep 2018

The US market regulator Securities and Exchange Commission was doing what it could to stem the flow. It temporarily prohibited naked short-selling in the securities of major financial players including Freddie Mac and its sister firm Fannie Mae in July. But this didn't really help. It was only after global central banks pumped in unprecedented liquidity into global markets, that the storm was finally calmed.

India's economy to shrink by 3.2% in FY21: World Bank

India's economy to shrink by 3.2% in FY21: World Bank

Rediff.com8 Jun 2020

However, the Indian economy is expected to bounce back in 2021, the World Bank said.

Jet Airways flyers grapple with late refunds, soaring airfares

Jet Airways flyers grapple with late refunds, soaring airfares

Rediff.com16 Apr 2019

The sudden massive cancellations of Jet have put travel agents and customers in jeopardy

Indian-American Kamala Harris announces US Senate bid

Indian-American Kamala Harris announces US Senate bid

Rediff.com14 Jan 2015

California Attorney General Kamala Harris formally announced her campaign for the United States Senate on Tuesday. Her announcement came after US Senator Barbara Boxer announced that she would retire when her term ends in 2017.

Deutsche Bank's grip on Asia FX market may slip on Jain's exit

Deutsche Bank's grip on Asia FX market may slip on Jain's exit

Rediff.com11 Jun 2015

Jain was the architect of Deutsche's investment banking business and placed one of his former trading heads, Alan Cloete, in Hong Kong as co-CEO for Asia Pacific in 2012.

HSBC axes 840 IT jobs in Britain in first big wave of planned cuts

HSBC axes 840 IT jobs in Britain in first big wave of planned cuts

Rediff.com16 May 2016

Many of the jobs will now be offshored to lower income countries such as India, China and Poland

A tale of two sinking banks

A tale of two sinking banks

Rediff.com7 Jan 2016

Loans make money for the lender in the initial years but losses come later when they turn bad.

Greece defaults on IMF payment despite last-minute overtures to creditors

Greece defaults on IMF payment despite last-minute overtures to creditors

Rediff.com1 Jul 2015

11th-hour debt restructuring programme offered no concessions to creditors

Greece licks wounds after bailout vote

Greece licks wounds after bailout vote

Rediff.com16 Jul 2015

Greece awoke with a political hangover on Thursday after parliament approved a stringent bailout programme, thanks to the votes of the pro-European opposition, amid the worst protest violence this year.

Greece asks for bailout extension as clock ticks down

Greece asks for bailout extension as clock ticks down

Rediff.com30 Jun 2015

The proposals appeared so far apart that success seemed higly unlikely

Walmart's $16 bn Flipkart buy is the biggest deal this year

Walmart's $16 bn Flipkart buy is the biggest deal this year

Rediff.com9 May 2018

Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company

Greece faces last chance to stay in euro as cash runs out

Greece faces last chance to stay in euro as cash runs out

Rediff.com7 Jul 2015

Without some firmer pledge of debt relief, neither Greece nor the IMF is likely to accept a deal

Why Deutsche Bank's little jewel in India was spared the axe

Why Deutsche Bank's little jewel in India was spared the axe

Rediff.com6 Nov 2015

Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc.

EU makes last-ditch bid to save Greek bailout

EU makes last-ditch bid to save Greek bailout

Rediff.com30 Jun 2015

EU authorities made a last-minute offer to salvage a bailout deal that could keep Greece in the euro as the clock ticked down on Tuesday, with Germany warning that time had run out to extend vital credit lines to Athens.

Reluctant Tsipras fights to pass reforms in Greek parliament

Reluctant Tsipras fights to pass reforms in Greek parliament

Rediff.com15 Jul 2015

Prime Minister Alexis Tsipras battled to win lawmakers' approval on Wednesday for a bailout deal to keep Greece in the euro and avoid bankruptcy, as the IMF pressured Greece's creditors to provide massive debt relief for its crippled economy.

Will the Supreme Court declare the Aadhaar Act a black law?

Will the Supreme Court declare the Aadhaar Act a black law?

Rediff.com11 Jun 2018

Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.

IMF calls for Greece debt relief ahead of bailout vote

IMF calls for Greece debt relief ahead of bailout vote

Rediff.com15 Jul 2015

An International Monetary Fund study published on Tuesday showed that Greece needs far more debt relief than European governments have been willing to contemplate so far, as fractious parties in Athens prepared to vote on a sweeping austerity package demanded by their lenders.

The most powerful woman in Indian business

The most powerful woman in Indian business

Rediff.com2 Aug 2016

'I want to leave behind the bank stronger and better than when I took over.'

Full Text: What Prez Obama said at the State of the Union Address

Full Text: What Prez Obama said at the State of the Union Address

Rediff.com29 Jan 2014

Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.