News for 'MD of Sun Group'

Why Affordable Housing Will Remain Muted Despite Rate Cut

Why Affordable Housing Will Remain Muted Despite Rate Cut

Rediff.com10 Jul 2025

While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors.

Adani Ports, JSW Infra make logistics anchor for cargo growth plans

Adani Ports, JSW Infra make logistics anchor for cargo growth plans

Rediff.com24 May 2025

Adani Ports and JSW Infrastructure, India's leading private port operators, are expanding their logistics services to capture extra cargo while they run integrated transport services. "With incrementally less availability of lucrative port assets that can drive cargo volumes, port operators have naturally shifted their focus on deriving value in the upstream integration, i.e., the logistics space.

Why Calcutta Remains A City Of Bhoy

Why Calcutta Remains A City Of Bhoy

Rediff.com8 Aug 2025

A year after the RG Kar rape-murder Swarupa Dutt/Rediff look at the city where it happened, Kolkata -- its study in dichotomy, at once the self-proclaimed cultural capital of India as also a petri dish for a peculiar rage that breeds crimes against women.

Crash Puts Spotlight On DGCA Warnings To Air India

Crash Puts Spotlight On DGCA Warnings To Air India

Rediff.com20 Jun 2025

The DGCA has issued multiple fines and warnings to Air India over the past three years, flagging serious concerns in flight operations, cockpit discipline, and internal accountability.

Morbi bridge collapse: Oreva Group MD sent to custody

Morbi bridge collapse: Oreva Group MD sent to custody

Rediff.com8 Feb 2023

Patel, whose company was responsible for the operation and maintenance of the bridge, surrendered before the court on January 31 after it issued an arrest warrant against him. He was later arrested by the police.

The Jet Set Prefers Luxury Electric Cars

The Jet Set Prefers Luxury Electric Cars

Rediff.com1 Jul 2025

The share of EVs in the luxury segment rose from 7 per cent in January-May 2024 to 11 per cent during the same period in 2025, marking a 66 per cent growth in the electric luxury segment.

Home loan rates may fall to 8%: Realty experts

Home loan rates may fall to 8%: Realty experts

Rediff.com7 Jun 2025

Housing demand should improve nationwide after the Reserve Bank of India (RBI) cut the repo rate by a larger-than-expected 50 basis points (bps) on Friday, said real estate industry executives. The rate cut comes after housing sales in top Indian cities in the first quarter of 2025 dipped 28 per cent due to skyrocketing residential property prices and geopolitical headwinds, according to Anarock.

What DGCA Wants AI To Check Before B787 Flights

What DGCA Wants AI To Check Before B787 Flights

Rediff.com14 Jun 2025

The DGCA directive called for a series of specific checks before each flight's departure from India, including inspection of fuel parameter monitoring systems, cabin air compressors, and electronic engine control units.

Yoga Special, Day 4: Phalakasana, The Plank Pose

Yoga Special, Day 4: Phalakasana, The Plank Pose

Rediff.com19 Jun 2025

Welcome to Day 4 of Rediff's week-long celebration of Yoga ahead of the International Day of Yoga. Today, learn about Phalakasana or the Plank Pose.

'This Year, We Will Commence Full Refit Of B787s'

'This Year, We Will Commence Full Refit Of B787s'

Rediff.com16 Jun 2025

'That refresh programme -- because they are big aircraft and we cannot ground them all at the same time -- will last well into 2027.'

Morbi bridge collapse: Oreva Group MD surrenders, sent to jail

Morbi bridge collapse: Oreva Group MD surrenders, sent to jail

Rediff.com31 Jan 2023

Ajanta Manufacturing Limited (Oreva Group) was responsible for the operation and maintenance of the British-era suspension bridge on the Machchhu river in Morbi that collapsed on October 30 last year, days after its repairs.

Omkar realty group's chairman, MD arrested in money-laundering case

Omkar realty group's chairman, MD arrested in money-laundering case

Rediff.com27 Jan 2021

The Enforcement Directorate has arrested the chairman and the managing director (MD) of Mumbai-based Omkar Realtors and Developers in connection with a money laundering case against them linked to the alleged loan fraud in Yes Bank, official sources said on Wednesday.

'IPL Final A Magnet For Cricket Tourism'

'IPL Final A Magnet For Cricket Tourism'

Rediff.com30 May 2025

'It's clear that fans are eager to be part of the live stadium experience, reflecting a growing trend of travel driven by marquee sporting events.'

Raigad police quiz Edelweiss MD, officials for 8 hours

Raigad police quiz Edelweiss MD, officials for 8 hours

Rediff.com8 Aug 2023

ECL Finance Company MD and three officials were on Tuesday quizzed for nearly eight hours by the Raigad police in Maharashtra probing the alleged suicide of film art director Nitin Desai, an official said.

LIC Q4 profit jumps 38% to Rs 19,013 cr

LIC Q4 profit jumps 38% to Rs 19,013 cr

Rediff.com27 May 2025

State-owned insurer Life Insurance Corporation of India (LIC) on Tuesday posted a 38 per cent increase in net profit to Rs 19,013 crore in the fourth quarter ended March 2025 helped by lower expenses. The country's biggest insurer had earned a profit of Rs 13,763 crore in the corresponding quarter a year earlier.

Mongolia: AI's new shortcut to North America to cut Pak costs

Mongolia: AI's new shortcut to North America to cut Pak costs

Rediff.com13 May 2025

Besides, the carrier is having a technical stop in Kolkata for some of the North America flights from Delhi, they added.

How to Choose Loans Against Property

How to Choose Loans Against Property

Rediff.com11 Jun 2025

'LAP is suited for borrowers with a steady income, sound repayment discipline, and a clear repayment plan.'

'Biggest Problem Industrialists Face Is From Politicians'

'Biggest Problem Industrialists Face Is From Politicians'

Rediff.com7 Jul 2025

'If you don't fulfil whatever they ask, you are in trouble.'

Swiggy losses widened nearly 2x in March quarter

Swiggy losses widened nearly 2x in March quarter

Rediff.com10 May 2025

Food delivery aggregator Swiggy saw its loss widen for the fourth quarter (January-March) of financial year 2024-25 (Q4FY25). The firm reported a consolidated loss of Rs 1,081.1 crore for the quarter, compared to a loss of Rs 554.7 crore in the corresponding quarter of FY24.

Indian IT companies need to be paranoid: HCL CEO

Indian IT companies need to be paranoid: HCL CEO

Rediff.com24 Feb 2025

The time is up for the over three-decades-old business model with the advent of artificial intelligence, HCL Technologies' chief executive C Vijayakumar said on Monday. Speaking at industry lobby grouping Nasscom's annual NTLF event in Mumbai, Vijayakumar said companies need to be "paranoid", given the wide-ranging impact of AI and stressed that this attitude will help them to be relevant and grow. "I strongly believe that the business model is ripe for disruption.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

Sanju Samson set to miss Kerala's Ranji match

Sanju Samson set to miss Kerala's Ranji match

Rediff.com20 Jan 2025

Sanju Samson will miss Kerala's Ranji Trophy match against Madhya Pradesh, beginning on January 23, as he has been included in India's squad for the five-match T20I series against England. Samson may also miss the final Group C match against Bihar if he is not released from India's squad.

HC discharges Adanis in market regulations violation case

HC discharges Adanis in market regulations violation case

Rediff.com17 Mar 2025

The Bombay High Court discharged Adani Group Chairman Gautam Adani and Managing Director Rajesh Adani from a case of alleged violations of market regulations involving nearly Rs 388 crore. The Serious Fraud Investigation Office (SFIO) had initiated the case in 2012 against Adani Enterprises Limited (AEL) and its promoters, accusing them of criminal conspiracy and cheating. The HC's single bench of Justice R N Laddha quashed the sessions court order and discharged the duo from the case.

Taxmen raid former NSE MD Chitra Ramkrishna's home

Taxmen raid former NSE MD Chitra Ramkrishna's home

Rediff.com17 Feb 2022

Ramkrishna is in the news after a recent Sebi order said she was steered by a yogi, dwelling in the Himalayan ranges, in the appointment of Anand Subramanian as the exchange's group operating officer and advisor to the managing director (MD).

Bangladesh in battle for survival vs high-flying Kiwis

Bangladesh in battle for survival vs high-flying Kiwis

Rediff.com23 Feb 2025

A confident New Zealand side will be eager to seal a semi-final spot when they take on Bangladesh, who will be fighting for survival, in their Champions Trophy Group A match in Rawalpindi on Monday.

Shoppers Stop's MD quits, panel to run retail group

Shoppers Stop's MD quits, panel to run retail group

Rediff.com11 Jul 2020

Rajiv Suri's resignation is effective August 25, the company said in a stock exchange filing. Suri quit for personal reasons and would pursue a career outside India, it added.

TDP Reacts Cautiously To Adani Charges

TDP Reacts Cautiously To Adani Charges

Rediff.com22 Nov 2024

The Telugu Desam Party, a key member of the National Democratic Alliance, will react to allegations of the Adani Group paying bribes for solar power contracts in Andhra Pradesh only after studying the issue.

Private sector banks' credit costs up in Q3FY25 on higher provisions

Private sector banks' credit costs up in Q3FY25 on higher provisions

Rediff.com27 Jan 2025

Private sector banks that announced their earnings for the October-December quarter (Q3) of 2024-25 (FY25) reported a rise in credit costs due to higher provisions, mainly for unsecured retail loans.

Gill's woes continue! Karnataka take control vs Punjab

Gill's woes continue! Karnataka take control vs Punjab

Rediff.com23 Jan 2025

Shubman Gill flops as Karnataka bundle out Punjab for 55 to gain command on Day 1

Why Mumbai's Luxe Homes Are Losing Their Shine

Why Mumbai's Luxe Homes Are Losing Their Shine

Rediff.com24 Apr 2025

Mumbai -- home to industry titans and Bollywood stars -- is witnessing a slow offtake of houses priced between Rs 10 crore and Rs 50 crore. Industry insiders and real estate watchers explain why.

Why health insurance premium growth is in slow lane

Why health insurance premium growth is in slow lane

Rediff.com11 Mar 2025

Health insurance premium growth has slowed after touching record highs during the Covid-19 pandemic due to tapering demand from retail consumers amid affordability issues. According to General Insurance Council data, health insurance premiums grew by 10.44 per cent year-on-year (Y-o-Y) in the Apr-Jan period of FY25 in comparison with 20.79 per cent in the year-ago period. It was around 23.57 per cent in FY23, and 25.89 per cent in FY22.

Air India will increase its global coverage: CEO Wilson

Air India will increase its global coverage: CEO Wilson

Rediff.com1 Jan 2025

Air India has covered a lot of ground since privatisation and its global coverage will further increase in the years ahead, the airline's chief Campbell Wilson said on Wednesday. He also said the interior refit of the single-aisle fleet, serving domestic and short-haul international destinations, is underway, and will be completed by mid-2025.

CT 2025: Pakistan, Bangladesh out: Pride at stake now

CT 2025: Pakistan, Bangladesh out: Pride at stake now

Rediff.com26 Feb 2025

Pakistan and Bangladesh will face off in a dead rubber match in the Champions Trophy on Thursday, both teams looking to salvage some pride after disappointing tournament performances. Both teams have suffered heavy defeats to New Zealand.

How Tamil Nadu Is Becoming A Global Hub

How Tamil Nadu Is Becoming A Global Hub

Rediff.com2 Apr 2025

After Chennai, it is Coimbatore, Madurai, and Tiruchirappalli, that are emerging as manufacturing hubs. Coimbatore is India's top Tier-II city in terms of the number of GCCs, according to a report by Cushman & Wakefield.

Realty sector turns cautious as equity market tumbles

Realty sector turns cautious as equity market tumbles

Rediff.com14 Apr 2025

'In the past six months, capital markets have seen a dip, and realty is struggling. The stock-market investor will be cautious of putting that investment in real estate when there may be a slowdown coming.'

News about Starbucks leaving India is baseless: TCPL

News about Starbucks leaving India is baseless: TCPL

Rediff.com19 Dec 2024

Tata Consumer Products Ltd (TCPL) on Thursday denied reports on the exit of cafe chain Starbucks from the Indian market, terming them as "baseless". Tata in a 50:50 joint venture with US-based Starbucks Corporation operates a cafe chain in India under the brand name of Starbucks, which is the leading cafe chain in India.

Protesters set afire Mujibur Rahman's home in Dhaka during Hasina's address

Protesters set afire Mujibur Rahman's home in Dhaka during Hasina's address

Rediff.com6 Feb 2025

A large group of protesters vandalized and set fire to the residence of Bangladesh founder Sheikh Mujibur Rahman in Dhaka during a live online address by his daughter and deposed prime minister Sheikh Hasina. The incident occurred as Hasina was delivering a speech organized by the Awami League's now disbanded student wing Chhatra League, calling upon the countrymen to resist the current regime.

'Retaliatory Tariffs By Us Won't Hurt US'

'Retaliatory Tariffs By Us Won't Hurt US'

Rediff.com22 Apr 2025

'When Prime Minister Modi met President Trump, they agreed to initiate a bilateral trade dialogue.' 'It makes sense to give these negotiations a chance.'

13 candidates in fray for PNB top job

13 candidates in fray for PNB top job

Rediff.com2 Oct 2024

At least 13 candidates are in the race for the position of managing director and chief executive officer (MD & CEO) of Punjab National Bank (PNB), the second-largest public sector bank (PSB), according to multiple sources familiar with the matter. "Among the candidates, some are executive directors (EDs) and managing directors in major PSBs. "Financial Services Institutions Bureau (FSIB) will conduct the interviews next month," said a source.

Office leasing hit record 885 lakh sq ft in 2024 in India's top 8 cities

Office leasing hit record 885 lakh sq ft in 2024 in India's top 8 cities

Rediff.com3 Jan 2025

India's office market was very active in 2024 with gross leasing of workspace witnessing a 19 per cent increase to a record 885.2 lakh square feet across eight major cities, according to Cushman & Wakefield. The gross leasing or absorption of office space stood at 745.6 lakh square feet in the preceding year, data from real estate consultant Cushman & Wakefield (C&W) showed.