News for 'L Capital Asia'

Anarchy In Manipur: Modi Missing Big Picture

Anarchy In Manipur: Modi Missing Big Picture

Rediff.com27 Jul 2023

Unless the anarchy in Manipur is brought under control quickly, we are sowing the seeds of a flare up in the entire North East and the end of our dream of checking China in South East Asia, warns Colonel Anil A Athale (retd).

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.

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.

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.

Israeli diplomat attacked in China amid war against Hamas

Israeli diplomat attacked in China amid war against Hamas

Rediff.com13 Oct 2023

Meanwhile, Israel has expressed its "deep disappointment" with China's response to the war.

Investors turn richer by Rs 81.90 lakh crore in 2023

Investors turn richer by Rs 81.90 lakh crore in 2023

Rediff.com29 Dec 2023

In a memorable year for the equity market, Dalal Street investors added a whopping Rs 81.90 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks. Experts said India's strong macroeconomic fundamentals, political stability owing to the BJP's success in recent elections in three significant states, optimistic corporate earnings outlook, signals from the US Federal Reserve about three prospective rate cuts next year and heavy retail investors participation played a major role in fuelling the stock market rally in 2023. In the year 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent.

Yamuna breaches danger mark again; floods likely in Delhi

Yamuna breaches danger mark again; floods likely in Delhi

Rediff.com23 Jul 2023

The water level of the Yamuna in Delhi breached the danger mark again on Sunday following a surge in discharge from the Hathnikund Barrage into the river after heavy rain in parts of Uttarakhand and Himachal Pradesh.

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

Rs Least Volatile Against $ In 30 Years

Rs Least Volatile Against $ In 30 Years

Rediff.com5 Jan 2024

Market participants attribute the stability to the Reserve Bank of India's timely intervention in the foreign exchange market, both in terms of selling and buying dollars.

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.

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".

'Beijing, Moscow will be keenly watching Modi's visit'

'Beijing, Moscow will be keenly watching Modi's visit'

Rediff.com20 Jun 2023

Research Fellow and Director at Initiative on the Future of India and South Asia Aparna Pande, said that Beijing and Moscow will be keenly watching Prime Minister Narendra Modi's visit to the United States.

India to play Canada in junior women's Hockey World Cup opener

India to play Canada in junior women's Hockey World Cup opener

Rediff.com23 Jun 2023

India will open their campaign against Canada in the FIH Junior Women's Hockey World Cup

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.

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.

Kuldeep Yadav: From warming the bench to India's No 1 spinner!

Kuldeep Yadav: From warming the bench to India's No 1 spinner!

Rediff.com6 Sep 2023

Within the last year or so, Kuldeep Yadav has managed to change his status to become India's No 1 spinner for the World Cup.

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.

Over half of NSE 500 stocks deliver 10x return in 20 years: Goldman Sachs

Over half of NSE 500 stocks deliver 10x return in 20 years: Goldman Sachs

Rediff.com13 Jun 2023

Over half, or 269 NSE 500 stocks, have given over 10-fold (10x) returns in the last two decades, finds a recent report by Goldman Sachs that analysed 10 major markets across emerging and developed markets (EM/DM) that covered 6,700 stocks. The report examined '10-baggers' - stocks that have generated at least 10x total returns within a rolling 5-year period over the past two decades. Some of the prominent ones that comprise these 269 stocks in the Indian context stocks that delivered over 10x total returns over a 5-year rolling period since 2000 as per Goldman Sachs includes Westlife Foodworld, Bharti Airtel, Adani Total Gas, Patanjali Foods, Larsen & Toubro, BEML, Blue Star, Shree Cement, Lupin, Godrej Industries, Astral, Adani Enterprises, Hindustan Petroleum and Deepak Fertilisers.

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.

India may be the top FPI destination once US Fed pauses rate hike: Analysts

India may be the top FPI destination once US Fed pauses rate hike: Analysts

Rediff.com12 May 2023

Within three trading sessions in May, foreign portfolio investors (FPIs) have pumped in Rs 9,461 crore into Indian equities. This follows net inflows worth Rs 7,936 crore in March, and Rs 11,631 crore in April. The trend, analysts said, could continue going ahead as the US Federal Reserve may soon halt its interest rate hike cycle, which will strengthen foreign fund inflows into emerging markets, including India.

Edtech giant Byju's CBO Prathyusha Agarwal, two senior executives quit

Edtech giant Byju's CBO Prathyusha Agarwal, two senior executives quit

Rediff.com30 Aug 2023

Three senior executives have resigned from Byju's at a time when the most valuable edtech company has been trying to address challenges such as due diligence issues, legal battles with lenders, challenges in raising fresh capital, and a markdown in its valuation by investors. Prathyusha Agarwal, the chief business officer of Byju's, has quit, according to sources. They said Himanshu Bajaj, business head of Byju's tuition centres, and Mukut Deepak, business head for Class 4 to 10, have also moved on.

Renewable energy: Avaada, others up the ante against conglomerates

Renewable energy: Avaada, others up the ante against conglomerates

Rediff.com24 Dec 2023

When Vineet Mittal first got into solar power, sometime around 2009, and was planting solar panels in Gujarat, renewable energy looked like a sector ripe for startups. Renewables were clearly the future of energy, and the big boys - Mukesh Ambani's Reliance, Adani Group, and the Tatas - were focusing much more on coal and petroleum. Little did Mittal know that things were going to change drastically.

JPMorgan to invest $100-150 mn in India

JPMorgan to invest $100-150 mn in India

Rediff.com2 Apr 2008

JPMorgan Chase is planning to invest $100-150 mn a year in India. This fund will be looking at a range of sectors and would not be focused on one particular sector. It can bring in sector expertise, investment banking expertise and the other broader resources of a full-service financial institution. The new fund, Private Capital Asia, will take non-controlling stakes in mid-cap companies, exclusively in Asia. JPMorgan regards India as a supportive market for private equity.

Neymar is Saudi bound as Al Hilal agree PSG deal

Neymar is Saudi bound as Al Hilal agree PSG deal

Rediff.com14 Aug 2023

Al Hilal, managed by Portuguese coach Jorge Jesus, play Al Fayha on Saturday with Neymar expected to wear the number 10 shirt.

India, US to explore alternate mechanism to fund renewable energy

India, US to explore alternate mechanism to fund renewable energy

Rediff.com17 Jul 2023

India and the US on Monday committed to further improving bilateral ties, exploring alternate mechanisms for funding renewable energy and actively pursuing the G20 agenda which includes strengthening MDBs and taking coordinated action to deal with climate change. Several issues, including climate action, rising indebtedness in low and middle income countries and digital public infrastructure, figured during a bilateral meeting between Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet Yellen held on the sidelines of the G20 meeting of Finance Ministers and Central Bank Governors. India, Sitharaman said, will "look forward to furthering ... bilateral interests through development cooperation and new investment opportunities through Alternate Investment platforms for renewable energy."

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."

Tata front runner for GE Capital's stake in SBI Cards

Tata front runner for GE Capital's stake in SBI Cards

Rediff.com16 Sep 2015

State Bank of India partnered GE Capital in 1998 for its credit card business.

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.

NSE makes more money than 98% of companies listed on it

NSE makes more money than 98% of companies listed on it

Rediff.com22 Sep 2023

The stock exchange on which they are traded boasts higher profits than most of the companies whose shares are hitting new highs. Only 37 of approximately 2,000 listed companies with comparable data for 2022-23 (FY23) reported higher profits, while the rest had lower profits. Despite rising corporate profitability, the universe of companies that outperform the National Stock Exchange (NSE) in terms of profitability has been shrinking of late, according to an analysis of companies with comparable data over the past seven years.

'Believe me, nobody can do reassurance better than Mr Modi'

'Believe me, nobody can do reassurance better than Mr Modi'

Rediff.com1 Oct 2023

'You ain't seen anything yet,' EAM Jaishankar says about the India-US relationship.

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.

'Crypto is serious threat to financial stability'

'Crypto is serious threat to financial stability'

Rediff.com11 Mar 2024

'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'

Biocon wins BioSingapore Asia Pacific Tech Award

Biocon wins BioSingapore Asia Pacific Tech Award

Rediff.com18 Mar 2009

Every year, BioSingapore receives nominations from biotechnology industry associations, industry peers, academics and institutions across Asia-Pacific for the most outstanding companies or individuals in various categories. The nominees are judged by a panel of distinguished leaders in the field.

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.

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.

'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.

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.

India mobilised maximum debt in Asia

India mobilised maximum debt in Asia

Rediff.com14 Jul 2009

"Lending to India is the highest in the region with $3.3 billion via 11 loans, accounting for 22.1 per cent of total volume in 2009," the report said

These are Asia's top high-value real estate deals...

These are Asia's top high-value real estate deals...

Rediff.com2 Apr 2012

The sale of Leela Kempinski Kovalam was among the top 10 hotel deals in Asia during the past one year, shows data from the US-based research firm Real Capital Analytics.