News for 'Managing Director'

'Listing Does Not Alter Our Investment Philosophy'

'Listing Does Not Alter Our Investment Philosophy'

Rediff.com23 Dec 2025

'We operate in an economy that is structurally positioned for long-term growth. As market levels rise over time, our AUM grows in line.'

Flight Chaos Fuels Year-End Staycation Boom

Flight Chaos Fuels Year-End Staycation Boom

Rediff.com17 Dec 2025

'The entire travel ecosystem is reeling with the domino impact of flight cancellations.'

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

Rediff.com3 Oct 2025

The Enforcement Directorate (ED) and Income Tax (I-T) Department are likely to join the Assam Police in investigating alleged organised financial crimes and acquisition of benami properties by event manager Shyamkanu Mahanta, an accused in the death of Assam's cultural icon Zubeen Garg.

Insurers to Spend More on Tech for DPDP Compliance

Insurers to Spend More on Tech for DPDP Compliance

Rediff.com21 Nov 2025

The DPDP rules, which have come into effect, require companies to implement a data protection and consent management system by November 2026.

IndiGo Board Unsure If CEO Must Go

IndiGo Board Unsure If CEO Must Go

Rediff.com9 Dec 2025

'I don't think it is right to remove him over one lapse. The focus should be on restoring operations, not on removing a key management personnel.'

ED books Myntra, directors in Rs 1,654-cr FEMA violation case

ED books Myntra, directors in Rs 1,654-cr FEMA violation case

Rediff.com23 Jul 2025

The Enforcement Directorate has registered a FEMA case against Myntra and related entities for allegedly violating FDI guidelines, with contravention amounting to over Rs 1,654 crore.

Pan-India kidney racket unearthed after Maha farmer's complaint

Pan-India kidney racket unearthed after Maha farmer's complaint

Rediff.com31 Dec 2025

An investigation into an illegal kidney racket, triggered by a farmer's complaint, has revealed a pan-India kidney transplant network involving agents, donors, doctors, and hospitals.

'I'm not going to quit'

'I'm not going to quit'

Rediff.com5 Jan 2026

'I know that my name is not (Thomas) Tuchel, it's not (Antonio) Conte, it's not (Jose) Mourinho, but I'm the manager of Manchester United. It's going to be like this for 18 months or when the board decides to change.'

Bajaj Finserv targets a 22% profit CAGR, double customers in 5 years

Bajaj Finserv targets a 22% profit CAGR, double customers in 5 years

Rediff.com8 Dec 2025

Bajaj Finserv - the holding company of Bajaj group's financial services business - has laid out plans for the next five years. During this period, it is eyeing 18-22 per cent compound annual growth rate (CAGR) in net profit at Rs 21,000-24,000 crore on a consolidated basis.

Ozempic launched in India, priced at Rs 2,200 per week

Ozempic launched in India, priced at Rs 2,200 per week

Rediff.com12 Dec 2025

Danish pharma major Novo Nordisk on Friday launched its blockbuster type 2 diabetes treatment injection Ozempic, globally popular for its weight-loss benefits.

India's Listed REITs AUM Rises To Rs 2.35 Trillion

India's Listed REITs AUM Rises To Rs 2.35 Trillion

Rediff.com25 Nov 2025

Since their inception, they have cumulatively distributed over Rs 26,700 crore to unitholders.

Open offers highest since 2008 as acquisition, takeover attempts surge

Open offers highest since 2008 as acquisition, takeover attempts surge

Rediff.com29 Dec 2025

Open offers this calendar year, following attempts at acquisition and takeover, came in at more than two a week. There were 121 such open offers to acquire additional shares following a substantial acquisition or change of control, shows the data compiled by primedatabase.com.

Leasing of retail spaces in malls, high streets up 15% this year

Leasing of retail spaces in malls, high streets up 15% this year

Rediff.com23 Dec 2025

Leasing of retail space in shopping malls and high streets across India's top eight cities is estimated to rise 15 per cent to nearly 9 million sq ft this year on increased supply amid high demand from retailers, according to Cushman & Wakefield. The leasing of retail spaces stood at 7.8 million sq ft in 2024.

Air India to resume flights to Shanghai from Feb 2026

Air India to resume flights to Shanghai from Feb 2026

Rediff.com18 Nov 2025

Air India announced the resumption of its non-stop flights between Delhi and Shanghai (PVG), effective from February 1, 2026, marking Air India's return to mainland China after nearly six years, an official statement by the airline stated.

Why Kerala's Twenty20 Party Joined The NDA

Why Kerala's Twenty20 Party Joined The NDA

Rediff.com2 Feb 2026

'When the prime minister and home minister promised their full support for the development of Kerala, why should we not be a part of them?'

'Buying Opportunity, Not A Regret Opportunity'

'Buying Opportunity, Not A Regret Opportunity'

Rediff.com2 Feb 2026

'For those in for the long haul, this is a God-given opportunity.' 'Your market is falling despite strong fundamentals, and such a clear roadmap has been announced.'

Gold returns beat equities, realty in 20-yr period

Gold returns beat equities, realty in 20-yr period

Rediff.com12 Dec 2025

Investing in gold trumped most other asset classes in terms of compounded annualised returns over the long term, suggests a report by FundsIndia.

'Audiences Are No Longer Loyal To Language'

'Audiences Are No Longer Loyal To Language'

Rediff.com29 Nov 2025

'Audiences are loyal to good content.'

Realty firms upbeat on reforms, expect better affordability, project viability

Realty firms upbeat on reforms, expect better affordability, project viability

Rediff.com5 Sep 2025

Real-estate firms have welcomed the Goods and Services Tax Council's reforms, expecting better affordability for buyers, spurring demand. The council has reduced the rate on cement from 28 per cent to 18 per cent, while the rate on sand lime bricks or stone inlay work and granite blocks has been cut to 5 per cent from 12 per cent.

Rajpal Yadav's Wife Thanks Bollywood For The Help

Rajpal Yadav's Wife Thanks Bollywood For The Help

Rediff.com12 Feb 2026

'Everybody has stood by Rajpal Yadav. The industry has been supportive.'

Top realtors bet on plotted development

Top realtors bet on plotted development

Rediff.com22 Dec 2025

India's leading real estate developers are accelerating their push into plotted development, a segment once dominated by unorganised players but now reshaped by branded offerings, faster cash flows and evolving buyer preferences. This strategic shift is visible across markets such as Bengaluru, Chennai, Hyderabad, Gurugram, peripheries of the Mumbai Metropolitan Region (MMR) and even Tier-II cities.

Mercedes-Benz, BMW eyeing India's luxe realty sector

Mercedes-Benz, BMW eyeing India's luxe realty sector

Rediff.com9 Jan 2026

According to multiple sources close to the development, Mercedes-Benz is already in talks with multiple developers in Gurugram for a luxury branded residence project.

HDFC Bank doesn't see AI leading to layoffs: CEO

HDFC Bank doesn't see AI leading to layoffs: CEO

Rediff.com19 Oct 2025

The country's largest private sector lender HDFC Bank does not see its use of artificial intelligence leading to any layoffs, a top company official has said.

T20 World Cup: 'If Pakistan cricket can survive without playing India, they can sustain'

T20 World Cup: 'If Pakistan cricket can survive without playing India, they can sustain'

Rediff.com2 Feb 2026

Pakistan have somehow survived the financial loss of not being able to play India bilaterally for two decades now, said former ICC Head of Communications Sami-ul-Hasan Burney.

Digital Connexion lines up $11 bn for data centres

Digital Connexion lines up $11 bn for data centres

Rediff.com27 Nov 2025

Digital Connexion, a joint venture between Brookfield, Reliance Industries and Digital Realty, on Wednesday announced an investment of $11 billion till 2030 for building 1 gigawatt (Gw) state-of-the-art AI-native, purpose-built data centres in Visakhapatnam, Andhra Pradesh.

Bulls prowl D-Street: Benchmarks see best day in over 8 months

Bulls prowl D-Street: Benchmarks see best day in over 8 months

Rediff.com4 Feb 2026

Domestic equities surged on Tuesday, posting their best single-day gains in more than eight months after a long-awaited trade deal between India and the US. The deal, which lowered tariffs on Indian goods to 18 per cent from 50 per cent, significantly improved investor sentiment and lifted a key overhang for the market.

Smallcap Index Faces Worst Year Since 2018

Smallcap Index Faces Worst Year Since 2018

Rediff.com31 Dec 2025

Over 50 per cent, or 660 stocks, from the BSE 1000 index recorded negative returns during CY25.

Profit-Focused Startups Power India's Strong IPO Revival

Profit-Focused Startups Power India's Strong IPO Revival

Rediff.com16 Jan 2026

Eighteen new-age technology firms went public during the year, a near triple increase from the five firms that debuted in 2023 and 38 per cent more than 2024's tally of 13.

Former Axis fund manager held for cheating investors

Former Axis fund manager held for cheating investors

Rediff.com3 Aug 2025

Viresh Joshi, a former chief trader and fund manager of Axis Mutual Fund, has been arrested under the anti-money laundering law in a case linked to alleged cheating of investors to the tune of Rs 200 crore by 'front-running' in trade activities, the Enforcement Directorate (ED) said on Sunday.

PIX: Navi Mumbai airport sees first arrivals, departures

PIX: Navi Mumbai airport sees first arrivals, departures

Rediff.com25 Dec 2025

Nearly three decades after the ambitious project was first conceived to decongest the existing airport in the financial capital, the greenfield Navi Mumbai International Airport became a reality on Thursday as an IndiGo Airbus A320 from Bengaluru landed on the tarmac at 8 am amid a traditional water cannon salute.

Why YouTube Is Investing In India

Why YouTube Is Investing In India

Rediff.com30 Dec 2025

'As a nation, we create beautiful content and a high volume of it (films) but we are limited by the number of theatres and screen density.' 'You now have a living-room large screen available to showcase that.'

Time to Reassess Your Term Insurance

Time to Reassess Your Term Insurance

Rediff.com7 Jan 2026

While investments are typically reviewed annually, risk cover is often left unchanged for years.

20% Shopping Centres Are Ghost Malls

20% Shopping Centres Are Ghost Malls

Rediff.com12 Dec 2025

Ghost malls have a vacancy rate of over 50 per cent.

India's diagnostic chains are in expansion mode. Here's why

India's diagnostic chains are in expansion mode. Here's why

Rediff.com29 Dec 2025

India's diagnostics sector is accelerating capacity addition and geographic expansion, as large chains and regional players invest in new laboratories, integrated centres and dense sample collection networks to tap rising demand for preventive, advanced and precision testing.

Private jet skids off runway during take-off in UP, none hurt

Private jet skids off runway during take-off in UP, none hurt

Rediff.com9 Oct 2025

A private jet skidded off the runway and crashed into bushes at the Mohammadabad airstrip in Farrukhabad, Uttar Pradesh. All passengers and pilots are safe.

Who is Michael Carrick? The man asked to save United

Who is Michael Carrick? The man asked to save United

Rediff.com14 Jan 2026

Manchester United have turned to one of their own, appointing their former midfielder Michael Carrick to steady the ship as interim manager until the season's end, the Premier League club said on Tuesday.

Bangladesh ask ICC to relocate T20 WC matches to Sri Lanka

Bangladesh ask ICC to relocate T20 WC matches to Sri Lanka

Rediff.com17 Jan 2026

Bangladesh ask ICC to swap group with Ireland, relocate T20 WC matches to Sri Lanka

Air India Dreamliner: 'Is This A New Defect?'

Air India Dreamliner: 'Is This A New Defect?'

Rediff.com3 Feb 2026

'We have been insisting that all Boeing 787 aircraft be grounded and checked for the electrical systems.'

Will New Labour Codes Boost Textile Exports?

Will New Labour Codes Boost Textile Exports?

Rediff.com2 Dec 2025

While the move may give a competitive edge over rivals like Bangladesh in the global market, several industry bodies raised concerns that many state governments may not implement it on the ground.

Relief or rage? Man United fans react to Amorim sacking

Relief or rage? Man United fans react to Amorim sacking

Rediff.com5 Jan 2026

Manchester United supporters had mixed feelings on Monday after the club fired Ruben Amorim, with some mentioning relief having grown weary of rigid tactics, strange team selections and confusing press conferences.