News for 'L Capital Asia'

India may require some tough negotiations with Trump: Experts

India may require some tough negotiations with Trump: Experts

Rediff.com7 Nov 2024

The India-United States relationship is set to expand under the Donald Trump administration, but there could be some unease on issues like imports, tariffs and immigration, strategic affairs experts said after the Republican leader won the fiercely contested presidential election.

Israel attacks Iran's military targets in retaliation

Israel attacks Iran's military targets in retaliation

Rediff.com26 Oct 2024

The IDF noted that the strikes are being conducted in response to "relentless attacks" from Iran and its proxies since October 7, adding that Israel has the "right and the duty to respond."

S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct

S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct

Rediff.com24 Sep 2024

S&P Global Ratings on Tuesday retained India's growth forecast at 6.8 per cent for the current fiscal and said it expects the RBI to start cutting interest rates in its October monetary policy review. In the economic outlook of Asia Pacific, S&P Global Ratings also retained its GDP growth forecast for the 2025-26 fiscal at 6.9 per cent and said solid growth in India will allow the Reserve Bank to focus on bringing inflation in line with its target.

9 Uncapped Players Who Could Light Up Auction

9 Uncapped Players Who Could Light Up Auction

Rediff.com23 Nov 2024

Uncapped players who could create a bidding war between franchises at the IPL auction, come Sunday.

Junior Asia Cup 2023: India down rivals Pakistan to clinch historic title

Junior Asia Cup 2023: India down rivals Pakistan to clinch historic title

Rediff.com2 Jun 2023

The Indian junior men's team beat Pakistan in a thriller in the final of the Men's Junior Asia Cup 2023.

IPOs: India First, US Second, China Third

IPOs: India First, US Second, China Third

Rediff.com28 Sep 2024

India topped the APAC region with 227 transactions in the first eight months of CY24. The US was second with 133 deals while China ranked third with 69 transactions.

Deep appetite in Pak to improve ties with India: Ex-interim PM Kakar

Deep appetite in Pak to improve ties with India: Ex-interim PM Kakar

Rediff.com16 Oct 2024

His comments came hours after External Affairs Minister S Jaishankar arrived in the Pakistani capital to attend the Council of Heads of Government (CHG) summit of the Shanghai Cooperation Organisation.

Rs 11K crore IPO in sight, Swiggy projects quick commerce as the future

Rs 11K crore IPO in sight, Swiggy projects quick commerce as the future

Rediff.com4 Nov 2024

On the cusp of launching its Rs 11,327 crore initial public offering (IPO) next week, food and grocery delivery major Swiggy believes quick commerce to be its future growth engine and anticipates that it will outpace its core food delivery business over the next five years. Currently, the quick commerce business of Swiggy - backed by Prosus and SoftBank - is 40 per cent of the size of its food delivery revenues.

Sreejesh takes inspiration from Dravid

Sreejesh takes inspiration from Dravid

Rediff.com6 Sep 2024

Sreejesh broke into a wide grin that like his idol, his own skills earned him the sobriquet "The Great Wall of Indian Hockey".

Sensex plunges 1,769 pts to 3-week low, investors lose Rs 9.78 lakh cr

Sensex plunges 1,769 pts to 3-week low, investors lose Rs 9.78 lakh cr

Rediff.com3 Oct 2024

From the 30 Sensex firms, Larsen & Toubro, Reliance Industries, Axis Bank, Asian Paints, Tata Motors, Bajaj Finance, Maruti, Bajaj Finserv, Kotak Mahindra Bank, Titan, Adani Ports and HDFC Bank were the major laggards. JSW Steel emerged as the only gainer.

India-focused funds log first weekly redemption in 19 mths

India-focused funds log first weekly redemption in 19 mths

Rediff.com14 Oct 2024

India's stock markets are experiencing a shift in investor sentiment, with a 30 per cent surge in Chinese stocks, prompting investors to move money from domestic markets to China. This reversal of fortunes is a notable change from the past three years, where China's losses benefited India.

Air India proposes to acquire AirAsia India

Air India proposes to acquire AirAsia India

Rediff.com27 Apr 2022

Tatas-owned Air India plans to acquire no-frills carrier AirAsia India and has sought approval from the Competition Commission for the proposed deal. AirAsia India is majority-owned by Tata Sons Private Ltd with a shareholding of 83.67 per cent and the remaining stake is with AirAsia Investment Ltd (AAIL), which is part of Malaysia's AirAsia Group. Full service carrier Air India and its low-cost subsidiary Air India Express were acquired by Talace Private Limited, a wholly-owned subsidiary of Tata Sons Private Ltd, last year. Besides, Tatas operate full service airline Vistara in a joint venture with Singapore Airlines.

FPI selling tops $10 bn in Oct amid China shift

FPI selling tops $10 bn in Oct amid China shift

Rediff.com22 Oct 2024

Foreign portfolio investors (FPIs) have net sold domestic shares worth over $10 billion so far this month amid a shift to China, which not only offers attractive valuations compared to India but has also announced several measures to support the economy and the stock market in recent weeks. If the trend doesn't reverse, this will be the first time that overseas funds will yank out more than $10 billion from Indian equity markets in a month.

We Are In An Era Of Puppets And Puppeteers

We Are In An Era Of Puppets And Puppeteers

Rediff.com31 Dec 2024

'As we enter 2025, it must be acknowledged that there is a convergence of capital, influential people (from business and politics) and technology deciding the destiny of others in the name of pride, patriotism, nationalism, nation building, all of it thinly veiled disguises for personal profit and glory,' asserts Shyam G Menon.

Tributes pour in for Tata's 'Ratan'

Tributes pour in for Tata's 'Ratan'

Rediff.com10 Oct 2024

Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.

Market Rout Shaves Rs 16 Trn From India's MCap

Market Rout Shaves Rs 16 Trn From India's MCap

Rediff.com5 Oct 2024

On a five-day rolling basis, FPI selling is the highest in 24 years.

Reliance board approves 1:1 bonus issue

Reliance board approves 1:1 bonus issue

Rediff.com5 Sep 2024

The board of Reliance Industries Ltd on Thursday approved issuing 1:1 bonus shares -- the first bonus issue in seven years. Reliance, the nation's most valuable company, had last issued bonus shares in September 2017.

IT firms may remain on recovery path in Q2

IT firms may remain on recovery path in Q2

Rediff.com11 Oct 2024

Management commentary on demand environment, and forward guidance will be in focus when Indian IT services players declare their September quarter results for financial year 2024-25 (Q2FY25). The industry is exepected to have continued on the path of recovery in Q2, similar to the preceding quarter, rather than sprint towards growth. The top four firms likely grew between 0 per cent and 4 per cent year-on-year (Y-o-Y), according to consensus estimates.

India runs risk of capital flight if crude touches $150, says S&P Global Ratings

India runs risk of capital flight if crude touches $150, says S&P Global Ratings

Rediff.com4 May 2022

Without naming India, S&P said it expects that in regions where inflation already exceeds targets, or which are vulnerable to capital flight, central banks will be forced to raise interest rates.

How a full-blown Iran-Israel war may hurt India's trade

How a full-blown Iran-Israel war may hurt India's trade

Rediff.com2 Oct 2024

The escalation of conflict in the West Asian region is expected to push already high logistics costs besides hurting trade in sectors such as oil, electronics and agriculture, according to exporters. They said that insurance costs for exports to the countries directly involved in the war could also go up, which will impact Indian exporters' working capital. Think tank Global Trade Research Initiative (GTRI) stated that the conflict is already hurting India's trade with countries like Israel, Jordan, and Lebanon.

Jaishankar lands in Islamabad as India swears by SCO, but no bilaterals

Jaishankar lands in Islamabad as India swears by SCO, but no bilaterals

Rediff.com15 Oct 2024

It is the first time in nearly nine years that India's foreign minister travelled to Pakistan even as the ties between the two neighbours remained tense over the Kashmir issue and cross-border terrorism emanating from Pakistan.

'RBI In No Hurry To Do Big Rate Cuts'

'RBI In No Hurry To Do Big Rate Cuts'

Rediff.com30 Sep 2024

'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'

Israel declares 48-hour emergency amid tension with Lebanon

Israel declares 48-hour emergency amid tension with Lebanon

Rediff.com25 Aug 2024

As tensions continue to rise, the Israeli public remains on high alert, bracing for the possibility of further incidents.

Investors, Wait And Watch

Investors, Wait And Watch

Rediff.com19 Oct 2024

'Invest only in stocks of those companies that deliver on earnings and there is earnings visibility too for the next few quarters.'

India communicating between Russia, Ukraine to end war: Jaishankar

India communicating between Russia, Ukraine to end war: Jaishankar

Rediff.com1 Oct 2024

With these propositions in mind, India started "some exploratory discussions" he said, adding that it started during Prime Minister Narendra Modi's visit to Italy during G-7, and then during his visit to Moscow.

Aster DM Healthcare's sale of Gulf business faces flak

Aster DM Healthcare's sale of Gulf business faces flak

Rediff.com11 Jan 2024

Hospital chain Aster DM Healthcare's plans to sell its Gulf business may run into rough weather with voting advisory firm Institutional Investor Advisory Services (IiAS) raising concerns over the transaction. Recommending an 'against' vote on the resolution, IiAS has said there is no clarity on how Aster DM will utilise the proceeds that it will obtain by selling the unit, which contributes to bulk of its revenues. In November, Aster DM had announced its plans to sell its wholly-owned subsidiary Affinity Holdings, which conducts business in the Gulf Cooperation Council (GCC) region, to Alpha GCC for $1 billion.

L&T likely to outperform guidance after strong Q1 FY25 performance

L&T likely to outperform guidance after strong Q1 FY25 performance

Rediff.com2 Aug 2024

L&T surprised on the upside of consensus due to stronger-than-expected growth overseas. The Q1FY25 results were ahead of estimates on both revenue and net profit fronts. The company reported a 15 per cent year-on-year (Y-o-Y) growth in revenues along with 15 per cent Y-o-Y growth in operating profit and 12 per cent Y-o-Y growth in net profit on consolidated basis.

'Preserve Capital In 2022'

'Preserve Capital In 2022'

Rediff.com21 Dec 2021

'For someone who wants to invest for the future or his family, diversification is necessary.' 'Diversify across asset classes -- equities, gold, real estate, fixed income, commodities, and even cryptocurrency.'

What I Discovered In 100 Hours In Seoul

What I Discovered In 100 Hours In Seoul

Rediff.com6 Nov 2024

A sojourn in Seoul, one of Asia's largest metropolises, where the ultra-modern coexists with the ancient -- temples and palaces with futuristic skyscrapers climbing to the stratosphere, K-pop with Buddhism, a village within city limits.

Nearly 200 killed, 33 missing in floods, landslides in Nepal

Nearly 200 killed, 33 missing in floods, landslides in Nepal

Rediff.com30 Sep 2024

Hundreds of people are facing a shortage of food, safe drinking water and sanitation in Kathmandu following the natural disaster, according to eyewitnesses.

Markets Expected To Remain Volatile

Markets Expected To Remain Volatile

Rediff.com4 Oct 2024

'As the markets are expected to remain jittery in the near term, we advise investors to use this opportunity to enter quality largecaps from a long-term perspective.'

Cash crunch pushes AirAsia India to take short-term loans of Rs 630 crore

Cash crunch pushes AirAsia India to take short-term loans of Rs 630 crore

Rediff.com3 Oct 2022

Tata Group-owned AirAsia India, which is in the process of being merged with Air India Express, has taken short-term loans worth Rs 630 crore during the last six months to deal with cash crunch. AirAsia India has been making losses since its first commercial flight on June 12, 2014. Its net loss increased by 42 per cent to Rs 2,178 crore in FY22.

Private banks' bottom line remains healthy in Q1, bad loans inch up

Private banks' bottom line remains healthy in Q1, bad loans inch up

Rediff.com7 Aug 2024

Private banks' net profit grew 26.3 per cent year-on-year (Y-o-Y) to Rs 48,982 crore in the first quarter ended June 2024 (Q1FY25) owing to healthy growth in credit and other income. The gross non-performing assets (GNPAs) increased with the end of dispensation granted during the pandemic, according to the data compiled by BS Research Bureau for listed 18 private banks.

Ladakh row: No breakthrough in India, China diplomatic talks

Ladakh row: No breakthrough in India, China diplomatic talks

Rediff.com31 Jul 2024

India and China on Wednesday held 'constructive' and 'forward-looking' diplomatic talks to resolve the over four-year border standoff along the Line of Actual Control (LAC) in eastern Ladakh but there was clear no indication of any breakthrough.

Should You Invest In Gold ETFs?

Should You Invest In Gold ETFs?

Rediff.com16 Aug 2024

All investors should ideally have a 10 to 15 per cent allocation to gold. Whether they invest in gold ETFs or SGBs should depend on their investment horizon.

94 new Indian entrants to Hurun rich list

94 new Indian entrants to Hurun rich list

Rediff.com27 Mar 2024

The global billionaires list witnessed as many as 94 new entrants from India, stated a report by Hurun India on Tuesday. Following a net addition of 84, the country's billionaire tally touched 271 with their combined wealth at $1 trillion, noted the report. Mukesh Ambani, chairman & managing director of Reliance Industries, is the only Indian to make it into the top 10 of the Hurun Global Rich List 2024, a ranking of billionaires in US dollar terms.

Brazil's FIFA World Cup qualification hanging by a thread

Brazil's FIFA World Cup qualification hanging by a thread

Rediff.com11 Sep 2024

Brazil shocked and other big upsets at World Cup qualifiers played on Tuesday

Labour Pains, The Silent Crisis Undermining India's Infrastructure Boom

Labour Pains, The Silent Crisis Undermining India's Infrastructure Boom

Rediff.com11 Jul 2024

Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.

Mystical Mongolia

Mystical Mongolia

Rediff.com24 Sep 2024

Mongolia can take a lifetime to happen but rewards the intrepid traveller with enduring memories of a surreal, delightful land.