News for 'Latin America'

Will EV Policy Lure Tesla?

Will EV Policy Lure Tesla?

Rediff.com5 Apr 2024

If Tesla comes in, India's position as a manufacturing hub will rise many notches, as it will become only the second country, after China, to have both Apple as well as Tesla.

Mexico City: Viva La Vida!

Mexico City: Viva La Vida!

Rediff.com1 Feb 2024

Embracing the past and the present, Mexico City pulsates with warmth and vibrancy, discovers Payal Singh Mohanka.

TCS reports 8.4% rise in Q2 profit but nervous Street pulls stock down

TCS reports 8.4% rise in Q2 profit but nervous Street pulls stock down

Rediff.com13 Oct 2016

Tata Consultancy Services (TCS) on Thursday reported an 8.4 per cent rise in consolidated net profit to Rs 6,586 crore for the second quarter ended September 30 and said uncertainties in environment had resulted in holdbacks in discretionary spend by customers.

Hyundai stops car exports to Europe from India

Hyundai stops car exports to Europe from India

Rediff.com11 Aug 2014

The move will result in around 25 per cent reduction in overseas shipments from the company's Chennai plant this year at 190,000 units compared to 253,000 units last year.

Trump triumphs! India plans to cut oil imports from Iran

Trump triumphs! India plans to cut oil imports from Iran

Rediff.com28 Jun 2018

Replacing Iran, which is India's third largest oil supplier behind Iraq and Saudi Arabia, will not be a problem but margins will be hit as Tehran offers the best commercial terms

Maradona hospitalised after watching intense Argentina victory

Maradona hospitalised after watching intense Argentina victory

Rediff.com27 Jun 2018

According to reports, the 57-year-old was seen being from his seat, before collapsing into a chair inside the stadium.

Banks Fallout: Time For RBI To Be Alert

Banks Fallout: Time For RBI To Be Alert

Rediff.com31 Mar 2023

The broader economy risks a potential flight of foreign portfolio capital, therefore pressure on the rupee and more bad news on the stock market, warns T N Ninan.

Ghana's WC penalty nightmare rekindles once again

Ghana's WC penalty nightmare rekindles once again

Rediff.com3 Dec 2022

Ghana had always been expected to struggle at this World Cup after an unconvincing qualifying campaign in which a Nigerian goalkeeping howler saw them win a fortunate place in Qatar.

Banking tech start-up Zeta enters unicorn club with $1.4 bn valuation

Banking tech start-up Zeta enters unicorn club with $1.4 bn valuation

Rediff.com26 May 2021

Banking technology start-up Zeta is the latest entrant to the unicorn club after raising $250 million in its Series C round from SoftBank Vision Fund 2. Sodexo participated as an additional minority investor in the round. Founded by serial entrepreneur and billionaire Bhavin Thurakia, the startup is now valued at $1.4 billion. It is the 14th company this year to cross the $1 billion valuation mark after Meesho, Cred, Pharmeasy, ShareChat, Moglix and others.

PIX: Argentina and Mexico fans' rivalry rocks Qatar

PIX: Argentina and Mexico fans' rivalry rocks Qatar

Rediff.com27 Nov 2022

Argentina and Mexico fans lit up the World Cup on Saturday with their vast and vociferous followings creating a thunderous atmosphere in and around Qatar's Lusail Stadium.

Onus for peace is on Pakistan, Modi tells Japanese publication

Onus for peace is on Pakistan, Modi tells Japanese publication

Rediff.com19 May 2023

On Pakistan, the publication quoted him as saying that India wants "normal and neighborly relations."

Muted near-term outlook, weak Q4 show to keep UPL stock under pressure

Muted near-term outlook, weak Q4 show to keep UPL stock under pressure

Rediff.com18 May 2023

The stock of India's largest agrochemical player - UPL (formerly United Phosphorus) - fell 2.8 per cent in trade. It was among the top losers in the BSE 100 on Tuesday. Weak 2022-23 (FY23) January-March quarter (fourth quarter, or Q4) performance and muted near-term outlook led to the decline. The company reported lacklustre growth in revenue of 4 per cent on the back of a price reduction of 3 per cent and volume growth of 1 per cent.

Pope remembers fellow Argentine Diego affectionately

Pope remembers fellow Argentine Diego affectionately

Rediff.com26 Nov 2020

Pope Francis is a lifelong fan of the Buenos Aires San Lorenzo soccer team.

For what reason, India, Ukraine not UNSC permanent member: Zelenskyy

For what reason, India, Ukraine not UNSC permanent member: Zelenskyy

Rediff.com22 Sep 2022

India has been at the forefront of efforts at the UN to push for urgent long-pending reform of the Security Council, emphasising that it rightly deserves a place at the UN high table as a permanent member.

How Malala Yousafzai will help India's girls

How Malala Yousafzai will help India's girls

Rediff.com25 Jan 2018

Apple has teamed up with the Malala Fund to support girls' education.

India keen to diversify oil exports, buy crude from US

India keen to diversify oil exports, buy crude from US

Rediff.com28 Oct 2014

The new strategy is being planned to guard against disruption in supplies from its biggest sources in West Asia -- Iraq and Syria -- as they are caught in problems relating to Islamic State movement.

India is now less dependant on Iran oil

India is now less dependant on Iran oil

Rediff.com22 Jul 2014

India imported 11 million tonnes of crude oil from Iran in the fiscal year ending March 31, 2014, down from 13.14 million tonnes in the previous fiscal

Crop protection companies to reap bumper Q2 harvest

Crop protection companies to reap bumper Q2 harvest

Rediff.com4 Sep 2023

After being underweight on domestic agrochemical companies and preferring global plays, brokerages believe that the former may perform better in the quarters ahead. Domestic crop protection companies have faced multiple headwinds over the past year and a half, given high inventory costs, pricing pressures, lower realisations in the generic segment, increased stocks due to lower infestations, and demand-led hits to volumes. Some of the overhang from previous quarters was reflected in the April-June quarter (first quarter, or Q1) of 2023-24 (FY24) as well, with aggregate revenues and operating profit for the sector down 12 per cent and 27 per cent, respectively.

India Inc earns 72% of revenue from the domestic market: Morgan Stanley

India Inc earns 72% of revenue from the domestic market: Morgan Stanley

Rediff.com16 Jun 2021

72 per cent of the revenue of Indian firms (India Inc) is derived from the domestic / home market - the sixth highest in percentage terms in the emerging market (EM) and the Asian region, said a recent report by Morgan Stanley. The balance, according to the report titled 'Global Exposure Guide 2021' co-authored by analysts led by Jonathan F Garner, their chief Asia and emerging market strategist, is split between the developed markets (DMs) and other EMs. The report is based on an analysis of 3,300 companies globally that have revenue exposure in 17 different regions.

Wipro hires former TCS veteran as Group Prez & COO

Wipro hires former TCS veteran as Group Prez & COO

Rediff.com16 Mar 2015

Wipro hires former TCS veteran as Group Prez & COO.

Hamid Ansari sets out to conquer India's last diplomatic frontier

Hamid Ansari sets out to conquer India's last diplomatic frontier

Rediff.com24 Oct 2013

Vice-President Hamid Ansari embarks on an important Latin American visit, heralding that resource-rich continent's importance to India.

'The basic lesson is not to trust China'

'The basic lesson is not to trust China'

Rediff.com19 Jun 2023

'Three decades of intensive discussions, protocols and Confidence Building Measures were jettisoned one fine morning in 2020.' 'The primary lesson that has been learnt is that that there is no reliability about the Chinese.'

The rise and rise of Bangladesh

The rise and rise of Bangladesh

Rediff.com12 Jul 2019

'Beijing is comfortable with Hasina's pragmatism -- perceived as 'pro-India', but staying out of Indian orbit and receptive to forging close ties with China and yet, siding with neither neighbour,' says Ambassador M K Bhadrakumar.

Two-wheeler exports from India skid nearly 18% in FY23

Two-wheeler exports from India skid nearly 18% in FY23

Rediff.com14 Apr 2023

Two-wheeler exports from India fell by 17.8 per cent to 3.65 million units in 2022-23 (FY23), according to data released by the Society of Indian Automobile Manufacturers (Siam) on Thursday. This decline is due to a rise in global inflation and the weakening of economies and currencies in key export markets of Africa, Latin America (LatAm), and South Asia. In contrast to FY23, two-wheeler exports from India jumped 35.4 per cent to 4.44 million units in 2021-22 (FY22).

Another senior-level exit at Infosys

Another senior-level exit at Infosys

Rediff.com18 Nov 2013

Pratt, who joined the firm in 2004, has left the company to start his own entrepreneurial venture.

South America disappoints but is the demise permanent?

South America disappoints but is the demise permanent?

Rediff.com24 Jun 2018

Three South American sides have accounted for almost half of all World Cup titles but their worst overall performance since 2002 has raised the question: Is South American football on the wane?

PM Modi's visit to Israel worrisome, says Congress

PM Modi's visit to Israel worrisome, says Congress

Rediff.com3 Jun 2015

PM Narendra Modi's proposed visit to Israel is "worrisome" as it undermines India's position on Palestine, senior Congress leader Anand Sharma said on Wednesday.

TCS posts marginal slide in Q3 profit; CEO says, 'no layoffs'

TCS posts marginal slide in Q3 profit; CEO says, 'no layoffs'

Rediff.com15 Jan 2015

TCS will have to deliver higher revenues in the succeeding quarter of FY15.

How Bajaj Auto, TVS Motor may outperform Hero MotoCorp

How Bajaj Auto, TVS Motor may outperform Hero MotoCorp

Rediff.com6 Jan 2021

Bajaj Auto and TVS Motor are the largest exporters in the listed space with export revenues of Rs 12,000 crore and Rs 5,000 crore.

Telecom export to double in 5 years, says govt

Telecom export to double in 5 years, says govt

Rediff.com14 Feb 2015

Buyers from 19 countries participated and showed interest in sourcing from India.

Lula Returns To Power in Brazil

Lula Returns To Power in Brazil

Rediff.com31 Oct 2022

Brazil's former president Luiz Inacio Lula da Silva -- better known as Lula in South America's largest country -- defeated President Jair Bolsonaro in Sunday's presidential election run-off.

Vice President Ansari leaves for Cuba

Vice President Ansari leaves for Cuba

Rediff.com29 Oct 2013

Vice President Hamid Ansari on Tuesday left Lima for the first ever bilateral visit to Cuba by a top Indian leader after a "landmark" tour of Peru during which four agreements were signed.

Soon...Brazil to resume soccer matches

Soon...Brazil to resume soccer matches

Rediff.com28 Apr 2020

Soccer was one example of a sector in the economy that could reopen relatively quickly, and that the government is in talks with clubs and the Brazilian Football Confederation (CBF) about the timing.

Indo-US military drills near LAC in October make China see red

Indo-US military drills near LAC in October make China see red

Rediff.com25 Aug 2022

Tan said that China has always stressed that military cooperation of relevant countries, especially on exercises and training activities, should not be targeted at any third party, but rather serve to help maintain regional peace and stability.

'Narasimha Rao was a prime minister with an open mind'

'Narasimha Rao was a prime minister with an open mind'

Rediff.com2 May 2023

'Narasimha Rao asked me why China was doing so well in attracting foreign investments and I gave my frank opinion.' 'I told him that giving thrust to exports had to be a national effort.' 'But in India, the system was very centralised in the Government of India and the state governments had no role to play.'

Indian-origin executives in 'lean' Unilever corporate shakeup

Indian-origin executives in 'lean' Unilever corporate shakeup

Rediff.com25 Jan 2022

UK-headquartered consumer goods giant Unilever on Tuesday announced a major organisational shakeup to make the company leaner, which involves some of its Indian-origin executives, and plans to lay off 1,500 staff as part of the wider restructuring of its global operations. Sanjiv Mehta retains executive leadership of Mumbai-headquartered subsidiary Hindustan Unilever, while Unilever chief operating officer (COO) Nitin Paranjpe will take on a new role as chief transformation officer & chief people officer, leading the business transformation and heading the HR function for the transformed organisation. The company said Sunny Jain, president of beauty & personal care, has decided to leave Unilever to set up an "investment fund in technology megatrends".

FIFA slams Maradona after middle-finger gesture

FIFA slams Maradona after middle-finger gesture

Rediff.com29 Jun 2018

Diego Maradona may be a giant of the game's history, soccer's governing body FIFA said on Friday, but even he must show respect to other fans at World Cup stadiums.

TCS: Revenue growth disappoints again

TCS: Revenue growth disappoints again

Rediff.com10 Jul 2015

A 150 basis points fall in realisations too weighed on the top-line.

India's automakers hit the fast lane in overseas markets

India's automakers hit the fast lane in overseas markets

Rediff.com10 Oct 2019

Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.

Russian vaccine has efficacy of over 95%: RFID CEO

Russian vaccine has efficacy of over 95%: RFID CEO

Rediff.com24 Nov 2020

In a virtual conference from Moscow, Dmitriev said Sputnik V is not only 'one of the most effective' but also among the 'affordable' vaccines in the world.