News for 'L Capital Asia'

Air India sale: Govt relaxes rules to attract buyers

Air India sale: Govt relaxes rules to attract buyers

Rediff.com15 Jun 2019

'Since the government will not hold any significant stake in the airline this time, such restrictions are not required anymore.'

China gets tough with Bangladesh

China gets tough with Bangladesh

Rediff.com17 May 2021

We can expect to see more Chinese wolf warrior diplomats on the prowl, in India's neighbourhood, though its mailed fist is not so visible while dealing with India, observes Colonel R Hariharan (retd).

ADB cuts India's FY19 growth forecast to 5.1%

ADB cuts India's FY19 growth forecast to 5.1%

Rediff.com11 Dec 2019

Asian Development Bank on Wednesday lowered India's economic growth forecast for FY2019 to 5.1 per cent on slowing job prospects, rural distress exacerbated by poor harvest and credit crunch. Growth in FY2020 is likely to recover thanks to this support, low oil prices, and a weakening rupee, but risks to the projections remain tilted to the downside, it said on India.

Big fat Indian weddings to the rescue of 5-star hotels

Big fat Indian weddings to the rescue of 5-star hotels

Rediff.com24 Aug 2020

Hotels are also relying on couples who had earlier planned destination weddings but are now considering options within the country.

Markets soar for 5th straight day; Sensex rallies 553 pts

Markets soar for 5th straight day; Sensex rallies 553 pts

Rediff.com6 Nov 2020

Reliance Industries was the top gainer in the Sensex pack, surging over 3 per cent, followed by Bajaj Finserv, IndusInd Bank, HDFC twins and Kotak Bank. NSE Nifty surged 143.25 points or 1.18 per cent to 12,263.55.

Muthoot Finance's chairman dies after falling from 4th floor

Muthoot Finance's chairman dies after falling from 4th floor

Rediff.com7 Mar 2021

Mathai George George Muthoot joined the family business as an office assistant and in 1979 he became the managing director and group chairman in February 1993.

HDFC raises over Rs 14,000 cr; closes QIP issue

HDFC raises over Rs 14,000 cr; closes QIP issue

Rediff.com12 Aug 2020

The housing finance major issued non-convertible debentures and warrants to raise another Rs 4,000.03 crore.

Neighbours challenge political Hindutva's Ram agenda

Neighbours challenge political Hindutva's Ram agenda

Rediff.com24 Jul 2020

Indian claims to the Ram story and ownership could be challenged from more places than one, says N Sathiya Moorthy.

Will PMC Bank depositors get their money?

Will PMC Bank depositors get their money?

Rediff.com9 Jul 2021

There will be different ways of returning the money, depending on the profile of the depositors and the amount, predicts Tamal Bandyopadhyay.

Covid's 4 Lasting Scars On The Economy

Covid's 4 Lasting Scars On The Economy

Rediff.com6 Oct 2021

Expect a more modest out-turn of around 5 per cent (if not less) because of the longer-term scarring effects of the Covid shock, the sharply slowing growth in the pre-Covid years and some scepticism about the growth-efficacy of some of recent official policy initiatives, explains Shankar Acharya, former chief economic advisor to the government.

Why Switzerland is as desperate as Adityanath for Noida airport to take off

Why Switzerland is as desperate as Adityanath for Noida airport to take off

Rediff.com5 Oct 2021

There is little that Andreas Schmid, the Swiss-born chairman of Flughafen Zurich AG (Zurich Airport International AG), and Yogi Adityanath, chief minister of Uttar Pradesh (UP), could have in common. But Schmid, whose company is building the Noida airport in partnership with the UP government, finds himself on the same footing as the firebrand Hindutva leader who rules the state. Both hope the Rs 30,000-crore ($4 billion) project, hanging fire for 20 years, shows some progress when UP goes to the polls in 2022.

Pakistan struggling to pick team for Davis Cup tie against India

Pakistan struggling to pick team for Davis Cup tie against India

Rediff.com20 Nov 2019

Dismissing Pakistan's review appeal, the International Tennis Federation (ITF) announced Kazakhstan's capital Nur-Sultan as the neutral venue for the tie.

Why south Asian nations need to work hard on reforms

Why south Asian nations need to work hard on reforms

Rediff.com10 Oct 2013

Observing that the turmoil in global capital should come as a wake-up call for South Asia, which was the second-fastest growing region in the world in the aftermath of the global crisis, the World Bank said on Wednesday its recent performance has been less stellar, and it has been sustained by potentially volatile portfolio inflows.

SC rejects pleas seeking probe into R Day violence

SC rejects pleas seeking probe into R Day violence

Rediff.com3 Feb 2021

The Supreme Court Wednesday refused to entertain pleas seeking time-bound probe, including by an apex court-appointed commission, into the tractor rally violence in the national capital on the Republic Day saying the government is already inquiring the matter and the Prime Minister has stated that law will take its own course.

China is a 'challenging neighbour' for India: Jaishankar

China is a 'challenging neighbour' for India: Jaishankar

Rediff.com26 Mar 2021

Jaishankar noted that it would be difficult to say what will happen in the future as there are a lot of "contradictions and frictions" out there today.

'Investment in commercial realty to touch $ 1tn'

'Investment in commercial realty to touch $ 1tn'

Rediff.com23 Jan 2013

The report estimates that direct commercial real estate transactional market will exceed $1 trillion per annum by 2030, compared with nearly $450 billion in 2012.

'Investment in commercial realty to touch $ 1tn'

'Investment in commercial realty to touch $ 1tn'

Rediff.com23 Jan 2013

The report estimates that direct commercial real estate transactional market will exceed $1 trillion per annum by 2030, compared with nearly $450 billion in 2012.

Mumbai among top 10 tourist destinations in APAC

Mumbai among top 10 tourist destinations in APAC

Rediff.com5 Jun 2015

Bangkok is the top spot in Asia/Pacific's top 10 destinations in terms of international overnight visitor.

Aditya Birla, US firm Vrde Partners in $1-billion JV for stressed assets

Aditya Birla, US firm Vrde Partners in $1-billion JV for stressed assets

Rediff.com30 Aug 2018

Vrde currently manages about $14 billion globally, and has invested nearly $500 million in India in the past five years

London can host 2020 Games if moved over coronavirus

London can host 2020 Games if moved over coronavirus

Rediff.com20 Feb 2020

With the Tokyo Games due to begin on July 24, organisers have set up a task force to coordinate with public health authorities over the epidemic.

From Ford to Harley-Davidson, why US automakers failed in India

From Ford to Harley-Davidson, why US automakers failed in India

Rediff.com21 Sep 2021

Besides their country of origin, General Motors, Ford Motor and Harley-Davidson have another trait in common: all three have failed in India, the world's fifth largest automobile market. All three of them took a tough call to de-prioritise India as a market amid disruption from heightened regulations and sharper focus on capital allocation by the parent.

If Jaishankar's diagnosis is correct, what stops him from correcting it?

If Jaishankar's diagnosis is correct, what stops him from correcting it?

Rediff.com14 Sep 2020

'What Jaishankar says is simplistic.' 'The past does not matter that much.' 'If we think that it does it is because we are not good enough at running the nation competently today and are searching for excuses why,' argues Aakar Patel.

Will Pawar ditch Uddhav after May 2?

Will Pawar ditch Uddhav after May 2?

Rediff.com16 Apr 2021

There is growing talk of a realignment of forces in Maharashtra after May 2 when the results of West Bengal and other four states would be in, notes Virendra Kapoor.

How law school alumni helped migrants fly home to Jharkhand

How law school alumni helped migrants fly home to Jharkhand

Rediff.com30 May 2020

Shyel Trehan, an alumna of the 2000 batch of the National Law School, was one of the organisers who managed this near impossible achievement.

Global hedge fund managers see India as a top investment bet

Global hedge fund managers see India as a top investment bet

Rediff.com2 Mar 2017

19% of 320 institutional investors managing $1.3 trillion prefer India as investment destination in 2017

With more seats, IndiGo pips Air India on international routes

With more seats, IndiGo pips Air India on international routes

Rediff.com9 Sep 2019

While IndiGo had 11.8 per cent of all the international seats to and fro India in the last week of August, Air India's seat share was 11.4 per cent. Emirates came third with 8.1 per cent, and rest of the airlines constituted 68 per cent of the seat share.

Kashmir discussion only with Pak: India after Trump's offer

Kashmir discussion only with Pak: India after Trump's offer

Rediff.com2 Aug 2019

Last month, President Trump offered to be the "mediator" between India and Pakistan on the Kashmir issue when he met Prime Minister Imran Khan for the first time at the White House.

'A third of the hotels might close down forever'

'A third of the hotels might close down forever'

Rediff.com31 Jul 2020

With demand drying up, hotels are surviving on quarantine centres and isolation facilities.

'Defence is a permanent start-up'

'Defence is a permanent start-up'

Rediff.com19 Jun 2020

'India should take up defence manufacturing in a more serious manner and encourage greater private participation.'

Gadkari's mega plan to woo investors

Gadkari's mega plan to woo investors

Rediff.com16 Sep 2019

Gadkari said the NHAI was working on setting up an InvIT to monetise its projects for mobilising resources through capital markets.

2nd Covid wave: No major impact on economy, says CEA

2nd Covid wave: No major impact on economy, says CEA

Rediff.com31 May 2021

Chief Economic Adviser K V Subramanian on Monday said the overall impact of the second wave of COVID-19 on the country's economy is not likely to be large but cautioned about an uncertainty surrounding the pandemic going ahead. He further said that given the circumstances due to the pandemic, it is difficult to forecast if the country would achieve a double digit growth in the current fiscal. The Economic Survey 2020-21 released in January this year had projected GDP growth of 11 per cent during the current financial year ending March 2022.

Milkha Singh: An unmatchable romance with a near miss

Milkha Singh: An unmatchable romance with a near miss

Rediff.com19 Jun 2021

To him running was both his God and beloved as he created his own little fairytale out of what what could have easily been a tale of horrors.

All you want to know about social bourses

All you want to know about social bourses

Rediff.com22 Jul 2019

A social stock exchange, broadly, is understood to be a platform that allows investors to buy shares, bonds or units in a social enterprise that has been vetted by the exchange. These allow firms operating in sectors such as health, environment and transportation to raise risk capital.

'A short and limited war would be a disaster'

'A short and limited war would be a disaster'

Rediff.com29 Jun 2020

'Open conflict would be a disaster for both China and India.'

'Pakistan's backing for Taliban goes back many years'

'Pakistan's backing for Taliban goes back many years'

Rediff.com9 Aug 2021

'Throughout the nearly 20-year US-led war, State sponsorship from Pakistan has been a constant.'

Will PMC Bank find salvation?

Will PMC Bank find salvation?

Rediff.com6 Mar 2021

Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank's revival is a challenge very different from Yes Bank and LVB, both for the regulator and the rescuer, observes Tamal Bandyopadhyay.

Oyo brass Aditya Ghosh joins board, Rohit Kapoor becomes CEO

Oyo brass Aditya Ghosh joins board, Rohit Kapoor becomes CEO

Rediff.com3 Dec 2019

Oyo has recently undergone large-scale corporate restructuring, setting up several subsidiaries and bifurcating operations globally.

The man who is caught in the crossfire between Tata and Mistry

The man who is caught in the crossfire between Tata and Mistry

Rediff.com28 Oct 2016

R Venkataramanan, the managing trustee of the Sir Dorabji Tata Trust who is responsible for all Tata-run trusts, prefers to keep a low profile but has emerged as a power centre in the group - with more clout than many established CEOs, says Dev Chatterjee.

Why India is a prime destination for PE investors

Why India is a prime destination for PE investors

Rediff.com10 May 2018

The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals

Ruias' bid to re-take Essar Steel hits NCLT wall

Ruias' bid to re-take Essar Steel hits NCLT wall

Rediff.com29 Jan 2019

The Essar group hinted at challenging the verdict, citing last week's Supreme Court order that upheld the August 2018 amendment to the IBC law.