News for 'L Capital Asia'

Do capital markets excite you?

Do capital markets excite you?

Rediff.com11 Mar 2005

The Indian Institute of Capital Markets invites applications for its one-year full-time post graduate Securities Markets Programme.

Threat of another spell of floods looms over Delhi

Threat of another spell of floods looms over Delhi

Rediff.com22 Jul 2023

The water level of the Yamuna in Delhi, which has been hovering around the danger mark of 205.33 metres for the last few days, dropped below the threshold again on Saturday morning.

AirAsia, Vistara book slots to fly from Delhi

AirAsia, Vistara book slots to fly from Delhi

Rediff.com16 Oct 2014

Sources in the know confirmed Vistara, the joint venture between Tata Sons and Singapore Airlines, had booked six slots at the airport in New Delhi, adding it was ready to fly once it secured the government's nod.

Bhutan-China Closeness: Must India Worry?

Bhutan-China Closeness: Must India Worry?

Rediff.com13 Nov 2023

Although the special relationship might compel Bhutan to be considerate of Indian interests, new challenges will likely arise. An emerging new phase of relations will also call for fresh redlines between India and Bhutan, observe Harsh V Pant and Aditya Gowdara Shivamurthy.

Shriram Transport: In a rare instance shareholders oust high-profile board member

Shriram Transport: In a rare instance shareholders oust high-profile board member

Rediff.com24 Aug 2020

The issue also underscores the growing scrutiny by investors and voting advisory firms of the performance of board members.

Adani hikes stake in two group companies

Adani hikes stake in two group companies

Rediff.com10 Sep 2023

Billionaire Gautam Adani-led promoter group has increased stake in two of the group's listed companies, as the ports-to-energy conglomerate continues to work on a claw back strategy after being hit by damaging reports. The promoter group has increased stake in flagship Adani Enterprises to 71.93 per cent from 69.87 per cent, according to stock exchange filings. This is the second time in less than a month that the promoters have raised stake in the flagship firm that incubates new businesses.

Foxconn plans mobile component manufacturing arm in TN

Foxconn plans mobile component manufacturing arm in TN

Rediff.com31 Jul 2023

Taiwan's Foxconn signed a letter of intent (LoI) with the Tamil Nadu government on Monday to establish a new mobile component manufacturing facility for Rs 1,600 crore in Kancheepuram with potential to generate 6,000 jobs. On his Twitter handle, Chief Minister M K Stalin said the LoI was signed, in his presence, between the state government and Foxconn Group represented by its chairman Young Liu. State Industries Minister T R B Rajaa, Chief Secretary Shiv Das Meena and senior officials participated.

Adani hikes stake in flagship firm

Adani hikes stake in flagship firm

Rediff.com21 Aug 2023

Billionaire Gautam Adani-led promoter group has increased its stake in the group's flagship firm as the ports-to-energy conglomerate continues to recover from the effects of a report by US short-seller Hindenburg Research. Promoter group has increased stake in Adani Enterprises Ltd from 67.65 per cent to 69.87 per cent, according to a stock exchange filing. Promoter group firm Kempas Trade and Investment Ltd, which had a minimal stake in the firm, acquired 2.22 per cent in the open market between August 7 and August 18, it said.

Asian Games: Chopra-led India set to showcase its sporting prowess

Asian Games: Chopra-led India set to showcase its sporting prowess

Rediff.com22 Sep 2023

Led by Olympic champion Neeraj Chopra, India will seek to showcase its ascendency as a sporting power at the Asian Games, which opens formally on Saturday after an unprecedented one-year delay due to the COVID-19 pandemic.

Tides turning for India's startups?

Tides turning for India's startups?

Rediff.com3 Oct 2023

The recovering valuations, will lead to enhanced optimism among investors about funding startups.

Asia, investment hub for '05

Asia, investment hub for '05

Rediff.com20 Jan 2005

The Net private capital flows to emerging markets rose in 2004 to the highest level in seven years and are likely to reach approximately the same level in 2005, Institute of International Finance said.

Tomato prices may touch Rs 300/kg in coming days!

Tomato prices may touch Rs 300/kg in coming days!

Rediff.com2 Aug 2023

Tomato prices are likely to touch Rs 300 per kilogram in the coming days and the prices of vegetables are also on the rise, according to wholesale traders. Kaushik, a member of Agricultural Produce Marketing Committee (APMC), said that vegetable wholesalers are facing losses as the sale of tomato, capsicum, and other seasonal vegetables has fallen drastically. He said that the prices of tomatoes have shot up to Rs 220 per kilo from Rs 160 per kilo in the wholesale market, owing to which retail prices can also go up.

Why FIIs want short-term capital gains to be scrapped

Why FIIs want short-term capital gains to be scrapped

Rediff.com29 Nov 2016

FIIs fear short-term capital gains would give rise to tax uncertainty and make their operations difficult, reports Pavan Burugula from Mumbai.

PayU Payment's acquisition of BillDesk gets CCI nod

PayU Payment's acquisition of BillDesk gets CCI nod

Rediff.com5 Sep 2022

Competition Commission of India (CCI) on Monday granted its approval for the acquisition of 100 per cent equity of indiaideas.com (BillDesk) by PayU Payments. The proposed combination relates to the acquisition of 100 per cent of the equity share capital of India Ideas Ltd (IIL) by PayU India. In a tweet on Monday, CCI said it approved, "acquisition of 100% of the equity share capital of IndiaIdeas.com (BillDesk) by PayU Payments."

Pragati Maidan: A Walk In Time

Pragati Maidan: A Walk In Time

Rediff.com12 Aug 2023

'A microcosm of India, inclusive and welcoming'. For years, Pragati Maidan was the centre of Delhi's social life.

Protesting wrestlers join Asian Games trials

Protesting wrestlers join Asian Games trials

Rediff.com18 Jun 2023

Protesting wrestlers joined several of their colleagues to prepare for the Asian Games trials.

How dengue in India is linked to climate change

How dengue in India is linked to climate change

Rediff.com25 Nov 2023

The transmission of dengue is closely associated with three key factors -- rainfall, humidity and temperature -- that dictate the geographies in which it spreads and the transmission rate of the viral infection caused by the dengue virus (DENV), and transmitted to humans through the bite of infected mosquitoes.

Awaiting actionable inputs on AirAsia: govt on Mistry charge

Awaiting actionable inputs on AirAsia: govt on Mistry charge

Rediff.com27 Oct 2016

"We are waiting for any input from any quarter," Civil Aviation Secretary R N Choubey said, adding, "We have not received anything so far".

Pannun 'Plot': 'US and India have bent backward...'

Pannun 'Plot': 'US and India have bent backward...'

Rediff.com15 Dec 2023

'...to prevent this episode from disrupting ongoing cooperation.' 'The discovery of this plot had the potential to derail much of what has been achieved in the relationship during this administration's tenure -- I don't think that fact has been sufficiently appreciated in India.'

'Dharavi will be a piece of art and I will ensure it'

'Dharavi will be a piece of art and I will ensure it'

Rediff.com10 Jan 2024

'You will really wish oh! Had I stayed in Dharavi I would have got a nice house. I can assure you that. We will make dreams come true.'

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.

'You can't experience India without experiencing its food'

'You can't experience India without experiencing its food'

Rediff.com8 Feb 2024

'My God, we could win half the world over just by our food alone.'

Sensex surges 600 points to scale 61k-mark

Sensex surges 600 points to scale 61k-mark

Rediff.com14 Feb 2023

ITC topped the Sensex gainers' chart with a jump of 3.31 per cent, followed by Reliance Industries, Bajaj Finance, ICICI Bank, Infosys, Axis Bank and Wipro. On the other hand, NTPC, UltraTech Cement, L&T, Sun Pharma, Asian Paints and Maruti were among the major laggards.

What Vistara merger means for Air India

What Vistara merger means for Air India

Rediff.com29 Nov 2022

Singapore Airlines on Tuesday said Vistara will be merged with Tata group-owned Air India. Tata group owns a 51 per cent stake in Vistara, and the remaining 49 per cent shareholding is with Singapore Airlines (SIA). As part of the transaction, SIA will also invest Rs 2,058.5 crore in Air India.

All Eyes On M&M-RBL Bank Saga

All Eyes On M&M-RBL Bank Saga

Rediff.com14 Sep 2023

Why did the company zero in on RBL Bank to understand the business of banking? While the M&M investors heaved a sigh of relief, one gentleman must have been all smiles after this, RBL Bank MD and CEO R Subramaniakumar, notes Tamal Bandyopadhyay.

Anil Ambani bullish about Reliance Capital's future

Anil Ambani bullish about Reliance Capital's future

Rediff.com4 Aug 2013

The company also expects to benefit in its proposed banking foray through partnership with Japan's Sumitomo Mitsui Trust Bank and Nippon Life Insurance

'It's hard to leave Karthik out'

'It's hard to leave Karthik out'

Rediff.com31 Aug 2022

Australian batting great Ricky Ponting said Rishabh Pant's 'surprise' omission from India's playing XI in their Asia Cup opener against Pakistan shows the quality the team possesses heading into the World T20.

Holiday majors plan SE Asia buys

Holiday majors plan SE Asia buys

Rediff.com2 Feb 2006

Dharavi not Asia's largest slum: UNDP report

Dharavi not Asia's largest slum: UNDP report

Rediff.com7 Sep 2009

Dharavi, a congested slum located in the heart of India's financial capital Mumbai, said to be the largest slum in Asia, is actually not, a report by the United Nations Development Programme claims.

VC investment in Indian startups plunge 38% in 2022

VC investment in Indian startups plunge 38% in 2022

Rediff.com24 Jan 2023

Venture capital (VC) investments in Indian startups plunged over 38 per cent in 2022 as economic uncertainty and market volatility affected fundraising and investment activities, GlobalData said on Tuesday. In a statement, GlobalData said an analysis of its financial deals database reveals that "a total of 1,726 VC funding deals worth $20.9 billion were announced in India in 2022 compared to 1,715 deals worth $33.8 billion in 2021." "The ongoing economic uncertainty and market volatility continue to affect the fundraising and investment activities in India and subsequently VC investment in the country startups suffered a massive year-on-year 38.2 per cent decline in value terms during 2022," the data and analytics company said.

46 killed, 700 injured as 5.4 magnitude earthquake jolts Indonesia

46 killed, 700 injured as 5.4 magnitude earthquake jolts Indonesia

Rediff.com21 Nov 2022

According to CNA citing several reports, stated that around 700 people were injured in the West Java town.

Losses in index majors drag Sensex, Nifty down

Losses in index majors drag Sensex, Nifty down

Rediff.com20 Jan 2023

From the Sensex pack, Hindustan Unilever, Asian Paints, Bajaj Finance, Nestle, Bajaj Finserv, Reliance Industries, Larsen & Toubro, Maruti, Infosys and Bharti Airtel were the major laggards.

Asia Cup tournament to move out of Bangladesh?

Asia Cup tournament to move out of Bangladesh?

Rediff.com26 Dec 2013

Organisers of cricket's Asia Cup will hold talks next month to decide whether to move February's tournament out of violence-plagued Bangladesh, a top official said on Thursday.

PM in Laos tomorrow for ASEAN-India, East Asia meets

PM in Laos tomorrow for ASEAN-India, East Asia meets

Rediff.com6 Sep 2016

The Summit comes at a time when China is flexing its muscle to tighten its grip over the disputed South China Sea.

Asia-Pacific development needs $600 bn

Asia-Pacific development needs $600 bn

Rediff.com11 Apr 2006

A staggering $600 billion a year is needed for infrastructure development in the entire Asia-Pacific region, the United Nations has estimated.

Sensex ends down 251 points; IT, bank stocks top drags

Sensex ends down 251 points; IT, bank stocks top drags

Rediff.com13 Feb 2023

SBI was the biggest loser in the Sensex pack, tumbling 2.83 per cent, followed by Infosys, TCS, Bajaj Finance, Tech Mahindra, Wipro and Axis Bank. In contrast, Titan, L&T, NTPC, Power Grid, Sun Pharma, ITC and HDFC twins were among the prominent winners, rising as much as 1.97 per cent.

Sensex, Nifty close lower on selloff in power, metal stocks

Sensex, Nifty close lower on selloff in power, metal stocks

Rediff.com9 Nov 2022

Equity benchmarks Sensex and Nifty gave up early gains to close in the red on Wednesday after a selloff in power, metal and consumer durable stocks amid a weak trend in global equities. However, a rally in the rupee against the US dollar and unabated foreign capital inflows helped the indices restrict the losses, traders said. In a largely range-bound session, the 30-share BSE Sensex ended 151.60 points or 0.25 per cent lower at 61,033.55.

Adani family's partners used 'opaque' funds to invest in stocks: OCCRP

Adani family's partners used 'opaque' funds to invest in stocks: OCCRP

Rediff.com31 Aug 2023

Hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based 'opaque' investment funds by partners of promoter family, the Organised Crime and Corruption Reporting Project (OCCRP) alleged on Thursday. The fresh allegations by an organisation funded by likes of George Soros and Rockefeller Brothers Fund come months after a US short seller wiped away close to $150 billion in value of Adani group stocks with allegations of accounting fraud, stock price manipulation and improper use of tax havens by the ports-to-energy conglomerate run by billionaire Gautam Adani. Adani group has denied all allegations. Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the "mysterious" investors bought and sold Adani stock through such offshore structures.

Modi's guarantee India will be 3rd largest economy in BJP's 3rd term, says PM

Modi's guarantee India will be 3rd largest economy in BJP's 3rd term, says PM

Rediff.com27 Jul 2023

He slammed naysayers for opposing developmental projects, saying some people have a habit of trying to stall any good work.