News for 'MD'

4 more murder cases filed against Hasina, aides in Bangladesh

4 more murder cases filed against Hasina, aides in Bangladesh

Rediff.com25 Aug 2024

A murder case was filed on Sunday against 76-year-old Hasina, former director general of Border Guard of Bangladesh Gen Aziz Ahmed and 11 others over the death of Abdur Rahim, an official of the then Bangladesh Rifles in 2010, state-run BSS news agency reported.

Hyundai Bets Big On EV infrastructure

Hyundai Bets Big On EV infrastructure

Rediff.com20 Jan 2025

The charging infrastructure expansion includes the setup of over 600 DC charging stations by 2030 (including company-owned and company-operated ones) in addition to partnerships with over 10,200 charging points, collaborating with operators like Shell, Charge Zone, and Statiq.

Maruti Rolls Out Scheme To Encourage EV Adoption

Maruti Rolls Out Scheme To Encourage EV Adoption

Rediff.com31 Jan 2025

MSIL, which currently has a subscription service that allows customers to lease its petrol-run and strong hybrid vehicles on a flexible, long-term basis without ownership commitments, will introduce a leasing service as well.

Budget curtails carry-forward losses for mergers and acquisitions

Budget curtails carry-forward losses for mergers and acquisitions

Rediff.com4 Feb 2025

The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).

Reliance spent $13 bn on acquisitions in five years

Reliance spent $13 bn on acquisitions in five years

Rediff.com31 Dec 2024

Billionaire Mukesh Ambani's Reliance Industries Ltd has spent $13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer facing verticals. Last week, Reliance bought oncology platform Karkinos Healthcare for Rs 375 crore, adding another stack to its diagnostic and digital healthcare ecosystem, Morgan Stanley said in a report.

Foreign investors to increase participation in NSE IX

Foreign investors to increase participation in NSE IX

Rediff.com5 Nov 2024

Trading turnover on NSE IX has been witnessing an uptrend and this momentum is likely to continue thanks to the growing global interest in the overall India growth trajectory, MD & CEO of NSE International Clearing Neeraj Kulshrestha has said. Speaking at the Singapore Fintech Festival (SFF) on Monday Kulshrestha said foreign investors are likely to further increase their participation in GIFT City NIFTY.

Recipe: Vidhya's Singhare Ki Kachri

Recipe: Vidhya's Singhare Ki Kachri

Rediff.com13 Dec 2024

Water chesnuts can be magically converted into a toasty warm winter evening snack.

Bengal govt moves HC for death sentence to RG Kar convict

Bengal govt moves HC for death sentence to RG Kar convict

Rediff.com21 Jan 2025

The West Bengal government has sought permission from the Calcutta High Court to appeal against the Sealdah court order that sentenced Sanjay Roy to life imprisonment until death in the RG Kar hospital doctor's rape and murder case. The state government is seeking the death penalty for Roy, the sole convict in the case, and has expressed dissatisfaction with the Sealdah court's verdict, which did not consider the crime "rarest of the rare." The court also ordered Roy to pay a Rs 50,000 fine and directed the state government to pay compensation of Rs 17 lakh to the family of the deceased doctor.

Wipro Q2 net profit climbs 21.2%; announces 1:1 bonus share

Wipro Q2 net profit climbs 21.2%; announces 1:1 bonus share

Rediff.com17 Oct 2024

IT company Wipro on Thursday reported a 21.2 per cent increase in its consolidated net profit to Rs 3,208.8 crore for the second quarter of FY25. It had reported a profit of Rs 2,646.3 crore in the year-ago period. The revenue from operations for the reporting quarter was Rs 22,301.6 crore, a 0.95 per cent decline from Rs 22,515.9 crore in Q2 FY24.

Recipe: Bethica's Black Rice Phirni

Recipe: Bethica's Black Rice Phirni

Rediff.com5 Dec 2024

Phirni can taste astoundingly good with nutritious black rice.

Ghaziabad case: Cops receives complaint against Swara Bhasker, Twitter India MD

Ghaziabad case: Cops receives complaint against Swara Bhasker, Twitter India MD

Rediff.com17 Jun 2021

The Uttar Pradesh Police has filed the FIR against Twitter Inc, Twitter Communications India, news portal The Wire, scribes Mohammed Zubair and Rana Ayyub, and senior journalist and author Saba Naqvi, besides Congress leaders Salman Nizami, Masqoor Usmani and Sama Mohammad for sharing the video clip on the social media.

National Games: Uttarakhand hockey teams knocked out

National Games: Uttarakhand hockey teams knocked out

Rediff.com8 Feb 2025

Karnataka to face Services in men's doubles tennis final

FMCG firms worry over high inflation; price hike likely

FMCG firms worry over high inflation; price hike likely

Rediff.com3 Nov 2024

Leading FMCG companies reported a decline in margins in the September quarter on account of higher input costs and food inflation, which ultimately slowed down the pace of urban consumption. Rising prices of commodity inputs such as palm oil, coffee and cocoa were also accentuated and some FMCG firms have hinted at a price hike. HUL, Godrej Consumer Products Ltd (GCPL), Marico, ITC, and Tata Consumer Products Ltd (TCPL) have expressed concerns over squeezing urban consumption, which according to industry experts forms 65-68 per cent of FMCG total sales.

Luxury automakers hike prices up to 3% amid rising costs

Luxury automakers hike prices up to 3% amid rising costs

Rediff.com25 Nov 2024

Amid mounting inflationary pressures, escalating material costs, and rising operational expenses, luxury carmakers Mercedes-Benz India and BMW India have announced price increases of up to 3 per cent on their entire model ranges effective from January 1, 2025. Mercedes-Benz India will revise ex-showroom prices by Rs 2 lakh to Rs 9 lakh, depending on the model. This adjustment will impact vehicles such as the GLC SUV and the high-end Mercedes-Maybach S 680 limousine.

Missing trainer aircraft located in reservoir; pilot, trainee dead

Missing trainer aircraft located in reservoir; pilot, trainee dead

Rediff.com25 Aug 2024

The bodies of the instructor, Captain Jeet Satru, and trainee Subrodeep Dutta were found in the reservoir of the dam on Thursday.

What You Don't Know About Ambani, Adani Wealth

What You Don't Know About Ambani, Adani Wealth

Rediff.com21 Jan 2025

Ambani and Adani account for a fifth of the net worth of all billionaire promoters in the country and half the combined net worth of the top 10.

India Skoda's top foreign market after sales slows in China

India Skoda's top foreign market after sales slows in China

Rediff.com30 Jan 2025

The auto major is not just looking at domestic sales, but also planning to ramp up exports to key markets from here, like the Middle East, North Africa and Australia.

'Swiggy Is Now Focusing On Overall Growth'

'Swiggy Is Now Focusing On Overall Growth'

Rediff.com16 Dec 2024

'Expect our food delivery business to deliver sustainable adjusted EBITDA margins of about 5 per cent in the medium term.'

Oreva MD named in Morbi bridge collapse charge-sheet, warrant already out

Oreva MD named in Morbi bridge collapse charge-sheet, warrant already out

Rediff.com27 Jan 2023

The charge-sheet, which runs into more than 1,200 pages, was filed in the Morbi sessions court by Deputy Superintendent of Police P S Zala, who is the investigating officer of the case.

Ranji Trophy: Lord Shardul's century rescues Mumbai on Day 2

Ranji Trophy: Lord Shardul's century rescues Mumbai on Day 2

Rediff.com24 Jan 2025

Shardul Thakur's second first-class hundred brought Mumbai back from the brink in their Elite Group A clash against Jammu and Kashmir at MCA BKC Ground in Mumbai on Friday.

Asset quality risk, a worry for IndusInd

Asset quality risk, a worry for IndusInd

Rediff.com6 Nov 2024

A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank's share price on Friday (October 25). Contingency provisions are generally made when a lender expects more bad loans in the coming quarters. Shares of the bank on Tuesday (October 29) declined 1.53 per cent to settle at Rs 1,038.2 apiece on the BSE.

'Workplace safety key to get more women in labour force'

'Workplace safety key to get more women in labour force'

Rediff.com27 Aug 2024

International Monetary Fund (IMF) Deputy Managing Director (MD) Gita Gopinath has condemned the "terrible and disturbing" incident of rape and murder of a trainee doctor in Kolkata. "Personally, it is terrible to have any event of this kind. It is disturbing," she told Business Standard in New Delhi.

Brokerages upbeat on TCS after Q3 miss

Brokerages upbeat on TCS after Q3 miss

Rediff.com12 Jan 2025

Most global as well as domestic brokerages are upbeat on India's largest IT services provider, Tata Consultancy Services (TCS), despite its performance during the December quarter of FY25, when it missed Street estimates. On the bourses, the TCS share price rallied as much as 6.44 per cent to hit an intraday high of Rs 4,296.80 apiece, before settling 5.67 per cent higher at Rs 4,265.55.

Asian Team Squash: Indian men lose to Pakistan in quarterfinals

Asian Team Squash: Indian men lose to Pakistan in quarterfinals

Rediff.com14 Jun 2024

The Indian teams will now vie for classification spots.

Radhika Gupta: Inspire And Lead, Don't...

Radhika Gupta: Inspire And Lead, Don't...

Rediff.com11 Jan 2025

When you create a culture where people find purpose in what they do, they will go above and beyond for you, even in difficult personal circumstances, says Radhika Gupta, MD and CEO, Edelweiss MF

TCS COO Ganapathy's FY24 pay more than CEO Krithivasan's

TCS COO Ganapathy's FY24 pay more than CEO Krithivasan's

Rediff.com10 May 2024

K Krithivasan, chief executive officer (CEO) and managing director (MD) of TCS, took home a salary of Rs 25.4 crore in 2023-24 (FY24), less than chief operating officer and executive director N Ganapathy Subramaniam. Krithivasan took charge as CEO on June 1, 2023.

Bangladesh foreign secy meets Indian envoy over border tensions

Bangladesh foreign secy meets Indian envoy over border tensions

Rediff.com12 Jan 2025

Bangladesh has summoned the Indian High Commissioner in Dhaka over border tensions, accusing India of violating a bilateral agreement by constructing fences at five locations along the Indo-Bangla border. The development comes after Bangladesh officials alleged that India had halted construction of barbed wire fencing due to strong opposition from the Border Guard Bangladesh and local residents.

Sebi diktat on splitting chairman, MD/CEO roles

Sebi diktat on splitting chairman, MD/CEO roles

Rediff.com6 Apr 2021

Capital markets regulator Sebi on Tuesday asked listed companies to work towards splitting the roles of chairman and managing director before the April 2022 deadline, as the new directive is not aimed at weakening the position of promoters. Listed entities were initially required to separate the roles of chairperson and MD/CEO from April 1, 2020 onwards. However, based on industry representations, an additional time period of two years was given for compliance. The regulation will now be applicable to the top 500 listed entities by market capitalisation, with effect from April 1, 2022.

Will Venkatesh Iyer captain KKR in IPL 2025?

Will Venkatesh Iyer captain KKR in IPL 2025?

Rediff.com24 Nov 2024

Bought back by Kolkata Knight Riders for a whopping Rs 23.75 crore at the IPL mega auction in Jeddah on Sunday, Venkatesh Iyer said he would be "more than happy" to take on the captaincy challenge and step into Shreyas Iyer's shoes.

'Portfolios Need To Be Balanced This Year'

'Portfolios Need To Be Balanced This Year'

Rediff.com6 Feb 2025

'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.'

Manu Bhaker Practices Bharata Natyam

Manu Bhaker Practices Bharata Natyam

Rediff.com10 Sep 2024

Manu Bhaker is on a three-month break from shooting following her triumphant campaign at the Paris Games.

Will Skoda's New SUV Kylaq Make It big?

Will Skoda's New SUV Kylaq Make It big?

Rediff.com12 Dec 2024

The company is eyeing sales of 8,000 units per month for the Kylaq, which starts at Rs 7.89 lakh (ex-showroom) and boasts 96 per cent localisation.

Bandhan Bank founder CEO C S Ghosh to retire in July

Bandhan Bank founder CEO C S Ghosh to retire in July

Rediff.com5 Apr 2024

Private sector lender Bandhan Bank on Friday said its founder, managing director and CEO Chandra Shekhar Ghosh has tendered his resignation. Ghosh would retire from the services of the bank as MD and CEO upon completion of his current tenure on July 9, 2024, the bank said in a regulatory filing. "After leading the bank for almost a decade, including three consecutive tenures as MD & CEO, I feel that the time has now come for me to assume a larger strategic role at Bandhan group level," Ghosh said in a letter addressed to the board.

Cyberfraud Thrives On Fear!

Cyberfraud Thrives On Fear!

Rediff.com29 Jan 2025

The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.

'Goodbye my lighthouse': Ratan Tata's aide Shantanu Naidu

'Goodbye my lighthouse': Ratan Tata's aide Shantanu Naidu

Rediff.com10 Oct 2024

Shantanu Naidu, a long-time associate of Ratan Tata, on Thursday bid adieu to the industrialist, comparing his boss to a 'lighthouse'.

When Will Air India Be Profitable?

When Will Air India Be Profitable?

Rediff.com29 Nov 2024

'We don't give any guidance about profitability. We have internal targets but we don't discuss them publicly.'

Sedans Ready To Take On SUVs

Sedans Ready To Take On SUVs

Rediff.com12 Nov 2024

Sedans and hatchbacks have both lost market share to SUVs, which now account for more than 50% share of the 4 million-odd-unit PV market in the country.

De-risking loan portfolio likely a top priority for new Bandhan CEO

De-risking loan portfolio likely a top priority for new Bandhan CEO

Rediff.com15 Oct 2024

Partha Pratim Sengupta, who will be taking charge as the MD & CEO of Bandhan Bank in early November, has his task cut out. The Kolkata-based lender, which converted itself from a microfinance institution to a universal bank, is in its 10th year of operation. The bank was able to cut down the share of the micro loan book over these years.

Ghaziabad case: Twitter India MD wants to join probe virtually

Ghaziabad case: Twitter India MD wants to join probe virtually

Rediff.com22 Jun 2021

Managing Director Manish Maheshwari, who lives in Bengaluru in Karnataka, was issued notice by the Ghaziabad police on June 17 and asked to report at its Loni Border police station within seven days to get his statement recorded in the case, the officials added.

Maruti eyes pole position in SUV segment, says MD Hisashi Takeuchi

Maruti eyes pole position in SUV segment, says MD Hisashi Takeuchi

Rediff.com20 Jul 2022

Maruti Suzuki India is eyeing a leadership position in the SUV segment as it continues to add new products across various sub segments, a top company official said on Wednesday. The country's largest carmaker has bolstered its presence in the high volume entry and mid level SUV segments with new Brezza and all new model -- Grand Vitara. "In every segment except SUV, we are the market leader by a distance. "It is only in the SUV that we are behind, so we need to catch up. Clearly, we have to become number one in the SUV space also," Maruti Suzuki India MD and CEO Hisashi Takeuchi said in an interaction on the sidelines of the global unveiling of Grand Vitara.