News for 'Major Ghosh'

India's VC funding rises 43% to $13.7 bn in 2024

India's VC funding rises 43% to $13.7 bn in 2024

Rediff.com11 Mar 2025

India's Venture Capital (VC) ecosystem exhibited robust growth in 2024, with funding surging 43 per cent year-on-year to $13.7 billion, according to a report. This recovery was fuelled by a 45 per cent rise in deal activity, with 1,270 transactions recorded, reinforcing India's position as the second largest market for venture capital and growth funding in the Asia-Pacific region, the report by Bain & Company and IVCA said.

How the markets will fare this week

How the markets will fare this week

Rediff.com9 Mar 2025

Global trends, macroeconomic announcements and US tariff developments are expected to drive stock markets in a holiday-shortened week, analysts said. Market participants will also closely track foreign investor activity, geopolitical tensions, and their impact on the US dollar and crude oil prices, they added.

'BJP Won't Be Able To Form Government In Bengal in 2026'

'BJP Won't Be Able To Form Government In Bengal in 2026'

Rediff.com21 Apr 2025

'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'

WPL: Can RCB score first win at home vs Delhi Capitals?

WPL: Can RCB score first win at home vs Delhi Capitals?

Rediff.com28 Feb 2025

Defending champions Royal Challengers Bengaluru will be determined to give their home fans a parting victory when they take on a fatigued Delhi Capitals in Bengaluru on Saturday, before the Women's Premier League moves to Lucknow for its third leg.

GCCs reach new heights in India with neo and mid-sized banks

GCCs reach new heights in India with neo and mid-sized banks

Rediff.com24 Mar 2025

Neo banks, along with mid-sized banks, are establishing global capability centres (GCCs) in India, mirroring the expansion strategies of larger global counterparts. This trend is being seen as the next major wave in the country's banking, financial services, and insurance (BFSI) sector.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com22 Dec 2024

Stock market participants would track global trends and foreign investors' trading activity in a holiday-shortened week ahead, amid lack of any major domestic trigger in sight, analysts said. Equity markets will remain closed on Wednesday for Christmas.

Manipur situation not satisfactory, Shah tells Lok Sabha

Manipur situation not satisfactory, Shah tells Lok Sabha

Rediff.com3 Apr 2025

Union Home Minister Amit Shah informed the Lok Sabha that the situation in Manipur is largely under control, with no deaths reported in the last four months. However, he acknowledged that the situation cannot be considered satisfactory as displaced people are still living in relief camps. Shah attributed the violence to a high court decision regarding a reservation-related dispute, emphasizing that it was not terrorism-related but ethnic violence between two communities. He highlighted government efforts to establish peace, including discussions with both the Meitei and Kuki communities and a rehabilitation package for the displaced. While the opposition supported the resolution confirming the imposition of President's rule, they urged for a swift return to peace and normalcy in the state.

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.'

WPL: UP Warriorz need to raise game against RCB

WPL: UP Warriorz need to raise game against RCB

Rediff.com23 Feb 2025

Royal Challengers Bengaluru's sturdy middle-order, in-form skipper Smriti Mandhana and a partisan home crowd will be the major challenges UP Warriorz will have to contend with when the two teams clash in the Women's Premier League match in Bengaluru on Monday.

Irdai seeks IPO road map from 10 insurers

Irdai seeks IPO road map from 10 insurers

Rediff.com19 Feb 2025

The Insurance Regulatory and Development Authority of India (Irdai) has asked at least 10 general and life insurance companies to submit a detailed road map for their listing strategies by the end of this month, according to multiple sources with direct knowledge of the matter. "The regulator met four life and six general insurers last month and asked them to provide their listing strategies by the end of February," said one of the sources.

'Have Savings Of Rs 5 Cr; Can I Retire At 40?'

'Have Savings Of Rs 5 Cr; Can I Retire At 40?'

Rediff.com23 Apr 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

RCB looking to return to winning ways against Gujarat Giants

RCB looking to return to winning ways against Gujarat Giants

Rediff.com26 Feb 2025

Smarting from their dramatic Super Over loss in the Women's Premier League, Royal Challengers Bengaluru will aim to get back on track when they take on bottom-placed Gujarat Giants in Bengaluru on Thursday.

Crypto use suspected in terrorism, secessionist activities: FIU report

Crypto use suspected in terrorism, secessionist activities: FIU report

Rediff.com13 Mar 2025

A trends study conducted by India's Financial Intelligence Unit (FIU) has expressed suspicion that cryptocurrency is being used across the country in serious criminal acts like terrorist financing, fuelling secessionist activities, cybercrime, narcotics trafficking, illegal betting and gambling. The report, which was based on suspicious transaction reports and operational analysis, shared these trends and credible intelligence with law enforcement agencies.

Rs 50K cr shares to unlock soon; sellers may sweat

Rs 50K cr shares to unlock soon; sellers may sweat

Rediff.com25 Feb 2025

Shares worth over Rs 50,000 crore (or approximately $6 billion) are set to become freely tradable between now and April 10. Historically, such substantial volumes have been absorbed by a buoyant block-deal market.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com26 Jan 2025

In an eventful week ahead, stock market investors will take cues from major events like the US Federal Reserve's interest rate decision, the upcoming Union Budget and Q3 earnings, analysts said.

WPL: Can UP Warriorz spoil RCB's playoff dreams?

WPL: Can UP Warriorz spoil RCB's playoff dreams?

Rediff.com7 Mar 2025

UP Warriorz, facing elimination in the Women's Premier League, will aim to spoil Royal Challengers Bangalore's playoff hopes in a crucial encounter on Saturday.

Why Sebi plans to start pre-listing trading in IPO shares

Why Sebi plans to start pre-listing trading in IPO shares

Rediff.com21 Jan 2025

Sebi is looking at introducing a system where an investor can sell shares as soon as they are allotted in an Initial Public Offering (IPO) to curb grey market activity, chairperson Madhabi Puri Buch said on Tuesday. The chief of the capital markets regulator also announced that the top two proxy advisory firms are on the verge of launching a portal which will be a repository of related party transactions and will be useful in judging the governance standards in a company for any stakeholder.

'How Do I Reduce My Tax Burden?'

'How Do I Reduce My Tax Burden?'

Rediff.com20 Feb 2025

rediffGURU Yogendra Arora answers readers' personal income tax queries.

Indian-origin tech firms corner 1/5th of H-1B visas

Indian-origin tech firms corner 1/5th of H-1B visas

Rediff.com5 Jan 2025

Indian-origin tech companies cornered a fifth of all H-1B visas issued by the US with Infosys and Tata Consultancy Services leading the pack, an analysis of data from the US immigration department showed. According to data from the US Citizenship and Immigration Services, in April-September 2024 period, out of the total 1.3 lakh H-1B visas issued to different employers, about 24,766 visas were issued to Indian-origin companies.

Life insurance Dec new biz premium falls 21.7% to Rs 30,218.71 crore

Life insurance Dec new biz premium falls 21.7% to Rs 30,218.71 crore

Rediff.com12 Jan 2025

The new business premium (NBP) of life insurance companies dropped 21.7 per cent year-on-year (Y-o-Y) to Rs 30,218.71 crore in December 2024 on the back of a steep fall in business. According to data published by the Life Insurance Council, LIC's premium dropped 41.15 per cent Y-o-Y to Rs 13,523.87 crore while private insurers reported 7 per cent growth in NBP to Rs 16,694.85 crore as the industry absorbs the impact of the revised surrender value norms.

Nifty May End In Red For Record 5th Month

Nifty May End In Red For Record 5th Month

Rediff.com25 Feb 2025

The last time this happened was in 1996.

TMC distances itself from Hakim's Muslim population remark amid backlash

TMC distances itself from Hakim's Muslim population remark amid backlash

Rediff.com16 Dec 2024

The Trinamool Congress (TMC) has distanced itself from controversial remarks made by its senior leader and West Bengal minister Firhad Hakim regarding the Muslim percentage in the population. Hakim, in a speech, had claimed that Muslims constitute 33 per cent of the population in West Bengal and 17 per cent nationwide, adding that they could become a numerical majority if they empower themselves. The party issued a statement on Monday condemning Hakim's remarks, asserting that they do not reflect its ideology and commitment to communal harmony. The remarks have sparked a political storm, with the opposition BJP accusing Hakim of attempting to stir communal sentiments. Hakim later clarified that his remarks were misinterpreted and that he was advocating for the empowerment of minorities through education and skill development. However, the controversy has caused ripples within the TMC and complicated the party's messaging.

Fighting digital fraud: From KYC processes to advanced authentication

Fighting digital fraud: From KYC processes to advanced authentication

Rediff.com10 Feb 2025

In today's rapidly evolving digital payment landscape, security concerns remain a top priority for stakeholders across sectors.

CBI arrests RG Kar ex-principal, 3 others over fin irregularities

CBI arrests RG Kar ex-principal, 3 others over fin irregularities

Rediff.com3 Sep 2024

Officials said the three others who have been arrested are Ghosh's security guard Afsar Ali (44), and hospital vendors Biplav Singha (52) and Suman Hazara (46) who used to supply material to the hospital.

Qcom industry may add 150,000 gig workers in 2025

Qcom industry may add 150,000 gig workers in 2025

Rediff.com21 Feb 2025

Quick commerce (qcom) industry is poised to lead gig workforce hiring in 2025, propelled by a surge in demand for faster deliveries, expansion by existing players, entry of new competitors, and evolving consumer preferences in the post-pandemic era, according to industry experts. The qcom industry currently employs nearly 260,000 people - around 200,000 delivery personnel and 60,000 dark store workers, according to TeamLease Staffing.

7 Lessons To Be An Entrepreneur

7 Lessons To Be An Entrepreneur

Rediff.com10 Jan 2025

'Before you work on your business plan, before you build your team, you should have a clear idea about what your product is, who your customer is, how valuable the product is, and whether the market is deep and wide.'

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).

Why Pyaasa Is A Must Watch 68 Years On

Why Pyaasa Is A Must Watch 68 Years On

Rediff.com26 Feb 2025

'At a time when the 'my country, right or wrong' attitude is sweeping over the majority, the Pyaasa song Jinhe Naaz Hai Hind Par Woh Kahan Hain brings a much-needed sense of reality. It questions: How can one feel any sense of pride when women are treated like this? Utkarsh Mishra salutes Guru Dutt's classic that turns 68 this month.

Adah's Killer Ada

Adah's Killer Ada

Rediff.com22 Nov 2024

This bubbly actress is popular for her bold, experimental approach to fashion.

Investors return to IPOs with Rs 2.2 trillion bids across three offerings

Investors return to IPOs with Rs 2.2 trillion bids across three offerings

Rediff.com14 Dec 2024

It is not just the secondary market that is witnessing a revival in fortunes. Even the initial public offering (IPO) market have roared back to life, with investors submitting bids worth over Rs 2.2 trillion on the three IPOs that wrapped up on Friday. Fashion retailer Vishal Mega Mart (VMM)'s IPO (fifth largest of the year) garnered 27.3x subscription, with bids exceeding Rs 1.6 trillion.

India Aiming for Series Sweep Against Ireland in Women's ODI

India Aiming for Series Sweep Against Ireland in Women's ODI

Rediff.com14 Jan 2025

India, having secured two convincing victories, will be looking to complete a clean sweep of the women's ODI series against Ireland in the third and final match. The Indian team is brimming with confidence after a series of impressive batting performances, particularly from Pratika Rawal and Smriti Mandhana, who have formed a formidable opening partnership. Despite their strong batting, India's bowling has shown some vulnerabilities, allowing Ireland to score a respectable 254/7 in the previous match. The absence of key players like Shafali Verma and Harmanpreet Kaur has given opportunities for emerging players to shine. The series has highlighted the impressive performance of Pratika Rawal, who has made the most of her chances. The Irish team has been led by the strong performances of Gaby Lewis, Christina Coulter-Reilly, and Leah Paul, but their fielding has been a concern. The match is scheduled to begin at 11 am in Rajkot.

'Landmark Moment For Capital Market'

'Landmark Moment For Capital Market'

Rediff.com5 Feb 2025

DIIs owned equities worth Rs 73.5 trillion, just 1.9 per cent less than FPIs. This marks a significant change from a decade ago.

'I Don't Care How Much It Costs. Please Save My Mum'

'I Don't Care How Much It Costs. Please Save My Mum'

Rediff.com28 Mar 2025

'Doctors feel they have a duty to prolong a heartbeat at all costs.' 'And a son or a daughter feels, I can't let my mum die. I have to save her at all costs.' 'They think saving is just prolonging life. But the person suffers.'

Insurers to double down on tech, rural expansion for growth in '25

Insurers to double down on tech, rural expansion for growth in '25

Rediff.com10 Jan 2025

The Indian insurance industry is set to focus on customer-centric technological adoption and expansion into rural areas to drive growth in 2025.

How q-com will drive India's blue-collar job market

How q-com will drive India's blue-collar job market

Rediff.com9 Jan 2025

The rapid rise of quick commerce is anticipated to create a substantial increase in the need for blue-collar workers, with India projected to require 2.4 million jobs by 2027, according to job matching and hiring platform Indeed. Quick commerce companies hired over 40,000 employees in the last quarter to handle increased festive shopping and e-commerce demand, Indeed India Sales Head Sashi Kumar said.

Half of India Faces Glucose Imbalance

Half of India Faces Glucose Imbalance

Rediff.com5 Dec 2024

'Obesity, especially central obesity and increased visceral fat due to physical inactivity, along with the consumption of high-calorie, high-fat, and high-sugar diets, are major contributing factors.'

Credit card spends rise 14.5% in October on festive season purchases

Credit card spends rise 14.5% in October on festive season purchases

Rediff.com26 Nov 2024

Credit card spending reached Rs 2 trillion in October, a 14.5 per cent rise from September, largely driven by festival season purchases. However, the volume of outstanding credit cards increased only marginally during the same period. The spike in spending comes at a time when nearly all major credit card issuers are calibrating their growth in the segment due to visible signs of stress.

Rupee tumbles 3% in 2024; turbulence to ebb in 2025

Rupee tumbles 3% in 2024; turbulence to ebb in 2025

Rediff.com29 Dec 2024

The rupee tumbled 3 per cent against the US dollar in 2024 as concerns over slower economic growth and a stronger greenback in global markets weighed, but it was among the least volatile currencies in the world and the headwinds may be less intense in the coming year.

FACE's ambitious goal: Uniting 75% fintech players

FACE's ambitious goal: Uniting 75% fintech players

Rediff.com27 Nov 2024

The Fintech Association for Consumer Empowerment (FACE), the only self-regulatory organisation for financial technology/fintech (SRO-FT) companies, is aiming to secure membership from at least 75 per cent of players across all key fintech categories within the next three years, according to a senior executive. The total number of members in the organisation has increased to 110, up from around 60 when it received approval from the Reserve Bank of India (RBI) to operate as an SRO-FT in August.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com17 Nov 2024

Trading activity of foreign investors and global trends will be the major driving factors for the equity markets in a holiday-shortened week ahead, according to analysts. Leading stock exchanges BSE and NSE have declared a trading holiday on November 20 for assembly elections in Maharashtra. Elections to the 288-member state legislative assembly will be held on November 20, and votes will be counted on November 23.