News for 'MD'

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.

Unbeaten India, SA in battle for U-19 Women's WC crown

Unbeaten India, SA in battle for U-19 Women's WC crown

Rediff.com1 Feb 2025

Unbeaten so far in the tournament, a dominant India will start as overwhelming favourites to win their second consecutive women's Under-19 T20 World Cup crown when they take on also-undefeated South Africa in the final in Kuala Lumpur on Sunday.

Eminent cardiac surgeon Dr KM Cherian dies at 80

Eminent cardiac surgeon Dr KM Cherian dies at 80

Rediff.com26 Jan 2025

Eminent cardiac surgeon Dr K M Cherian, who performed the country's first coronary artery bypass surgery about 50 years ago, has passed away. The veteran surgeon, in his 80s, died in Bengaluru on Saturday after reportedly collapsing during a function. Prime Minister Narendra Modi and Tamil Nadu Chief Minister M K Stalin have expressed their condolences, recognizing Dr Cherian's contributions to cardiology. Dr Cherian, who founded the Frontier Lifeline hospital in Chennai, was a recipient of the Padma Shri award.

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.

SRK, Sachin Hug At Swearing In

SRK, Sachin Hug At Swearing In

Rediff.com5 Dec 2024

Mukesh Ambani, accompanied by younger son Anant and younger daughter-in-law Radhika Merchant Ambani, were among the many celebrities who attended Devendra Fadnavis' swearing in at Azad Maidan on Thursday afternoon.

Hyatt Hotels launches new luxury venue in Mumbai to boost banquet revenue

Hyatt Hotels launches new luxury venue in Mumbai to boost banquet revenue

Rediff.com21 Oct 2024

Social gatherings and events held at hotels have seen an exponential rise since the pandemic and to cater to that segment, Hyatt Hotels has launched a luxury venue in Mumbai. Last week, Hyatt launched 'The Grand Showroom' which is a luxury venue customisable for events ranging from corporate parties, luxury weddings to high-profile occasions. This venue is an addition to its existing property in the city - Grand Hyatt Mumbai.

Cong slams Assam CM after govt reports 72 encounters

Cong slams Assam CM after govt reports 72 encounters

Rediff.com4 Mar 2025

The opposition Congress in Assam has accused the BJP government of running a "police raj" after official data revealed that 72 people were killed and 220 injured in police actions since Himanta Biswa Sarma became the chief minister in May 2021. The Congress has demanded that the Supreme Court take suo motu cognisance of the data and investigate the alleged fake encounters in the state. The data shows that a total of 256 police actions have been taken between May 2021 and February 2024, resulting in the deaths of 38 people in police remand and 34 more while in custody but before remand. The Congress has alleged that the ruling party is using the police for political gains, while the government has defended its actions, stating that police cases have been registered in each incident and that the NHRC guidelines have been followed.

Court rejects FIR plea over MF Husain's paintings row

Court rejects FIR plea over MF Husain's paintings row

Rediff.com24 Jan 2025

A Delhi court refused to order an FIR on a complaint alleging that two paintings by late artist M F Husain hurt religious sentiments, stating that no further investigation was required. The court, however, issued notice to the Delhi Art Gallery for a complaint case hearing on February 12. The paintings, featuring Hindu deities Hanuman and Ganesh, were seized by the police earlier this month following the complaint. The complainant, advocate Amita Sachdeva, argued that the paintings insulted the revered deities and constituted obscenity.

Karnataka Cong MLA gets 7-yr jail for theft, illegal export of iron ore

Karnataka Cong MLA gets 7-yr jail for theft, illegal export of iron ore

Rediff.com26 Oct 2024

A special court in Bengaluru has sentenced Congress MLA Sateesh Krishna Sail to seven years imprisonment and imposed hefty fines for theft and illegal export of seized iron ore from Belekeri port during 2009-10.

Ranji final: Form favours Vidarbha vs sprightly Kerala

Ranji final: Form favours Vidarbha vs sprightly Kerala

Rediff.com25 Feb 2025

Former winners Vidarbha will rely on their red-hot form to stake claim for a title they last won over five years ago, while first-time finalists Kerala will be driven by grit when the two contrasting teams clash in the summit showdown for the 90th Ranji Trophy, starting in Nagpur on Wednesday.

Are You Ready for Kia's New SUV?

Are You Ready for Kia's New SUV?

Rediff.com7 Nov 2024

Kia India Unveils Sketches of Its Revolutionary new SUV

Rupee REER declines in Dec after Nov peak

Rupee REER declines in Dec after Nov peak

Rediff.com20 Jan 2025

The Real Effective Exchange Rate (REER) of the rupee moderated in December to 107.20 after hitting a peak of 108.14 in November, latest data released by the Reserve Bank of India (RBI) showed. The REER was 103.66 in January 2024. The rupee depreciated around 3 per cent against the dollar in 2024.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com3 Feb 2025

RBI's interest rate decision, quarterly earnings and global cues would be the major driving factors for equity markets this week, analysts said adding that the impact of the Union Budget could linger on this week. Trading activity of foreign investors will also be a key driver for the markets, experts noted. "US and India's manufacturing PMI for January to be released on Monday, will be the key macro data to watch out for.

Ghaziabad police slaps second notice on Twitter India MD

Ghaziabad police slaps second notice on Twitter India MD

Rediff.com22 Jun 2021

The Ghaziabad police on Monday warned the Twitter India managing director that his failure to report to it and join its investigation on June 24 in the case of the circulation of a communally sensitive video on its platform would amount to a hindrance in its probe, entailing legal consequences.

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

Rediff.com21 Feb 2025

Kotak Mahindra Bank's net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards and onboarding new customers through digital mode, brokerages said on Thursday. The bank's net interest margin (NIM) has seen a decline of over 35 basis points (bps) since the restrictions were imposed by the regulator in April 2024.

C S Setty appointed new SBI chairman for 3 years

C S Setty appointed new SBI chairman for 3 years

Rediff.com7 Aug 2024

The government on Tuesday appointed C S Setty as chairman of the country's biggest lender State Bank of India (SBI) for a period of three years. Setty, currently senior most MD of the bank, will replace incumbent chairman Dinesh Kumar Khara on August 28.

I have no retirement or succession plans: Rajiv Bajaj

I have no retirement or succession plans: Rajiv Bajaj

Rediff.com28 Aug 2024

Bajaj Auto is gearing up to launch clean-energy vehicles including another motorcycle powered by compressed natural gas (CNG), showcase ethanol-powered motorcycles and three-wheelers next month, as well as launch a new Chetak platform early next year, as it closes in on hitting 100,000 monthly sales from clean-energy vehicles this festival season. In an interview with CNBC-TV18, Bajaj Auto managing director Rajiv Bajaj said these initiatives were part of the firm's broader goal to achieve monthly sales of 100,000 clean-energy vehicles this festival season.

EVs and beyond: Auto industry's journey for 2025

EVs and beyond: Auto industry's journey for 2025

Rediff.com24 Dec 2024

Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced technologies like autonomous driving, vehicle intelligence, connected features and electrification are quickly gaining traction -- will be reflected in the upcoming Bharat Mobility Global Expo in which India's flagship Auto Expo has been clubbed to be held from January 17-22, 2025 in Delhi-NCR.

Punit Goenka resigns as managing director of Zee; appointed CEO

Punit Goenka resigns as managing director of Zee; appointed CEO

Rediff.com19 Nov 2024

Punit Goenka has resigned as the managing director of Zee Entertainment and has been appointed as CEO to have his focus entirely on operational responsibilities assigned to him by the board of the company. The board has "accepted the resignation of Punit Goenka as managing director of the company and appointed him as CEO," said Zee Entertainment in a regulatory update.

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.

Life insurers turn to policies with high value

Life insurers turn to policies with high value

Rediff.com23 Nov 2024

Life insurers shifted their focus to selling high-value policies in October as the transition to new surrender value norms, effective October 1, limited their ability to roll out all products in their portfolio. This led to a 40 per cent year-on-year (Y-o-Y) drop in the number of policies sold in October. Additionally, distributors engaged in a fire sale of policies in September due to uncertainty about the impact of the new norms on their commission structures.

JD-U sacks Manipur unit chief soon after he withdrew support from BJP

JD-U sacks Manipur unit chief soon after he withdrew support from BJP

Rediff.com22 Jan 2025

The Janata Dal-United state unit in Manipur has withdrawn support to the Bharatiya Janata Party-led Biren Singh government and the party has informed its decision to governor Ajay Kumar Bhalla.

Ranji Thriller: Can Gujarat overhaul Kerala's 457?

Ranji Thriller: Can Gujarat overhaul Kerala's 457?

Rediff.com20 Feb 2025

A resilient 72-run unbroken partnership for the eighth wicket between Jaymeet Patel and Siddharth Desai, following a commanding 148 from opener Priyank Panchal, kept Gujarat on the brink of a third Ranji Trophy final as they finished day four at 429/7 in response to Kerala's 457.

Anish Shah is new MD-CEO of Mahindra group

Anish Shah is new MD-CEO of Mahindra group

Rediff.com27 Mar 2021

When Anand Mahindra becomes non-executive chairman in November, Shah will become the first professional MD and CEO in the history of the Mahindra group to have a complete oversight of and responsibility for the Mahindra group businesses.

Budget plans to complete 1 lakh homes in stalled projects

Budget plans to complete 1 lakh homes in stalled projects

Rediff.com2 Feb 2025

Union Finance Minister Nirmala Sitharaman on Saturday announced a fresh Rs 15,000 crore 'SWAMIH Fund' for completion of 1 lakh units in stalled housing projects across various cities, a move aimed at providing relief to distressed homebuyers whose investments are stuck. In November 2019, the Centre announced a stress fund named 'Special Window for Affordable and Mid-Income Housing' (SWAMIH), to complete stalled housing projects across India.

Will it be Chakravarthy over Kuldeep for India's Champions Trophy opener?

Will it be Chakravarthy over Kuldeep for India's Champions Trophy opener?

Rediff.com19 Feb 2025

Although India are playing a strong brand of 50-overs' cricket of late, they have some selection riddles to solve before they face Bangladesh in their opening match of the Champions Trophy.

RIL, L&T, and JSW line up new energy projects for 2025

RIL, L&T, and JSW line up new energy projects for 2025

Rediff.com20 Jan 2025

Some of India's largest conglomerates are gearing up to either commission or commercially start the first phase of their new energy projects this year, according to company executives and analysts.

Equity MFs Gain Despite Selloff

Equity MFs Gain Despite Selloff

Rediff.com13 Feb 2025

Among the 11 equity sub-categories, thematic funds received the highest net inflows at Rs 9,017 crore, followed by smallcap funds at Rs 5,721 crore and flexicap funds at Rs 5,698 crore.

Consumption Funds: What You Must Know

Consumption Funds: What You Must Know

Rediff.com7 Feb 2025

Invest in these funds through the SIP route with at least a seven-year horizon.

'7,000 More MBBS Seats, 3,000 For PG'

'7,000 More MBBS Seats, 3,000 For PG'

Rediff.com17 Feb 2025

India is trying to add 75,000 medical seats in five years as it also eyes to touch the WHO standard of one doctor for every 1,000 persons.

Foreign secretary to visit Bangladesh for talks amid tensions

Foreign secretary to visit Bangladesh for talks amid tensions

Rediff.com4 Dec 2024

Indian Foreign Secretary Vikram Misri is scheduled to visit Bangladesh next week for a foreign secretary-level meeting, amidst ongoing tensions between the two countries. The visit comes after the interim government led by Muhammad Yunus took power in Bangladesh, following the ouster of Sheikh Hasina as prime minister. The meeting will focus on a range of bilateral issues, including the potential extradition of Hasina and visa-related matters. Tensions between the two nations escalated further with the arrest of Hindu monk Chinmoy Krishna Das in Bangladesh, leading to concerns from India regarding attacks on minorities in the country.

Bloodbath: 'Markets Can Fall Further From Here'

Bloodbath: 'Markets Can Fall Further From Here'

Rediff.com28 Feb 2025

As the Indian stock markets tumble under the panic set off by US President Donald Trump's tariff tantrums, three market experts weigh in on the reasons behind this fall, how much pain is left and how should investors adapt their strategies to invest in markets.

Ajmer's popular Hotel Khadim renamed as Ajaymeru

Ajmer's popular Hotel Khadim renamed as Ajaymeru

Rediff.com19 Nov 2024

The Rajasthan government has rechristened the state tourism corporation's well-known Hotel Khadim in Ajmer as 'Ajaymeru' with an aim to preserve the cultural heritage of the city, according to an official order.

Budget sets a comprehensive blueprint for India's economic growth

Budget sets a comprehensive blueprint for India's economic growth

Rediff.com4 Feb 2025

Finance Minister (FM) Nirmala Sitharaman has presented a forward-looking Budget, reinforcing the government's commitment to 'Reform, Perform, and Transform'.

Former Maruti Suzuki MD Jagdish Khattar passes away

Former Maruti Suzuki MD Jagdish Khattar passes away

Rediff.com26 Apr 2021

Former managing director of Maruti Suzuki India, Jagdish Khattar, passed away on Monday morning following a cardiac arrest, according to people close to him. Khattar (79), a former bureaucrat, was considered as one of the most high profile leaders of the Indian automotive industry, laying the foundation for Maruti's future growth after the government began its disinvestment in 2002 and gradually exited from its joint venture with Suzuki Motor Corporation (SMC). He had joined the then Maruti Udyog Ltd in July 1993 as director (marketing) and went on to become executive director (marketing) in the next six years.

Expert Speak: How To Sleep Better

Expert Speak: How To Sleep Better

Rediff.com17 Mar 2025

'You should keep your sleep time and wake up time fixed.' 'Avoid caffeine-containing drinks after 5 pm.' 'Avoid a heavy dinner.' 'Avoid alcohol or any stimulants, like nicotine.'

Union Budget 2025: Will 10K new medical seats curb students outflow?

Union Budget 2025: Will 10K new medical seats curb students outflow?

Rediff.com2 Feb 2025

The Indian government's announcement of 10,000 additional seats in medical colleges next year, part of a plan to add 75,000 seats over five years, has been welcomed by education experts and stakeholders. The move aims to address the shortage of medical professionals and reduce the outflow of Indian medical students to other countries. The budget also includes infrastructure expansion at five new IITs to accommodate 6,500 more students and an allocation of Rs 500 crore to set up a Centre of Excellence in Artificial Intelligence for education.

Recipe: Zelda's Edamame Truffle Rice

Recipe: Zelda's Edamame Truffle Rice

Rediff.com28 Feb 2025

Edamame + truffle oil + basmati rice = an exquisite combo.

Infosys Q3 profit up 11.5%; raises growth guidance

Infosys Q3 profit up 11.5%; raises growth guidance

Rediff.com16 Jan 2025

IT services major Infosys on Thursday reported 11.46 per cent increase in consolidated net profit at Rs 6,806 crore for December quarter FY25 and raised its guidance on the back of growth in financial services and manufacturing. The company had logged a profit of Rs 6,106 crore in the corresponding period of the previous fiscal.

'BC network has to be commercially viable'

'BC network has to be commercially viable'

Rediff.com20 Feb 2025

'With a very stable technology with limited functionalities, a large network has spanned out.'