News for 'Managing Partner'

Hindi-Chini bhai bhai 2 as India-China ties turn 75

Hindi-Chini bhai bhai 2 as India-China ties turn 75

Rediff.com1 Apr 2025

India and China celebrated the 75th anniversary of their diplomatic relations on Tuesday, with leaders from both countries exchanging congratulatory messages. The anniversary comes as the two countries are working to restore ties after a four-year freeze due to the military standoff in eastern Ladakh. Both countries have expressed a willingness to enhance strategic mutual trust and step up cooperation in various fields. The two sides are also exploring ways to rebuild ties and promote people-to-people exchanges.

IPL PIX: Rahul, spinners help DC trump RCB

IPL PIX: Rahul, spinners help DC trump RCB

Rediff.com10 Apr 2025

IMAGES from the Indian Premier League match played between Royal Challengers Bengaluru and Delhi Capitals in Bengaluru on Thursday.

Played with people's life: No bail to Raut aide in Covid centre scam

Played with people's life: No bail to Raut aide in Covid centre scam

Rediff.com19 Nov 2024

A special court in Mumbai denied bail to businessman Sujit Patkar, an aide of Shiv Sena (UBT) MP Sanjay Raut, in the alleged COVID treatment centres scam. The court found that Patkar played with the "life of people" by under-deployment of doctors and staff to generate proceeds of crime. The Enforcement Directorate (ED) alleged that Patkar's firm, Lifeline Hospital Management, fraudulently obtained a contract for supplying medical staff at Dahisar and Worli Jumbo Covid facilities during the pandemic, resulting in the generation of proceeds of crime (PoC) amounting to Rs 32.44 crore. The court noted that there are ample statements of the witnesses to show that a list of more staff members was prepared than being deployed on the instructions of Patkar.

Gift City Helps Ahmedabad's Rise As Trading Powerhouse

Gift City Helps Ahmedabad's Rise As Trading Powerhouse

Rediff.com28 Feb 2025

The share of Ahmedabad in the total value of trades on both the BSE and NSE is set to touch double digits for the third year in a row.

'Sri Lanka's Relations With India At All-Time High'

'Sri Lanka's Relations With India At All-Time High'

Rediff.com9 Apr 2025

'Granting the country's highest civilian honour to Prime Minister Modi was surprising as it indicated the government was going out of its way to have India as a close partner.'

Growth worries, competitive pressures weigh on Trent stock performance

Growth worries, competitive pressures weigh on Trent stock performance

Rediff.com15 Apr 2025

The stock of India's largest listed pure play retail major Trent was down 14.76 per cent at close on Monday after a fall in revenue growth for the March quarter of 2024-25 (Q4FY25). The sales growth trajectory has been in a declining trend over the last few quarters, which, coupled with falling operational metrics, higher competitive intensity, and expensive valuations, has seen the stock crack about 44 per cent since its 52-week highs in October last year.

Can Dhoni Get CSK Back On Track?

Can Dhoni Get CSK Back On Track?

Rediff.com11 Apr 2025

If CSK fails to win Friday's match against the Kolkata Knight Riders in Chennai, it could turn to be a historic new low for them. It could be the first time that CSK have lost three matches in a row at home.

Reliance partners Brookfield for India data centre business

Reliance partners Brookfield for India data centre business

Rediff.com24 Jul 2023

Reliance Industries Ltd on Monday announced an agreement to invest alongside Brookfield Infrastructure and Digital Realty in special purpose vehicles developing data centres in India. Reliance will hold a 33.33 per cent stake in each of the five Indian special purpose vehicles and become an equal partner, the company said in a statement. Digital Realty Trust, Inc is the largest provider of cloud and carrier-neutral data centre, colocation and interconnection solutions globally with 300+ data centres across 27 countries.

'Should end fourth quarter on a robust note'

'Should end fourth quarter on a robust note'

Rediff.com2 Feb 2025

'We have opened 100 branches in the last one and a half years. Our manpower is also in place.'

India's next big business op: Hub for undersea cables?

India's next big business op: Hub for undersea cables?

Rediff.com2 Apr 2025

While India has become the largest data generating nation, and hosts more than 152 data centres, it is fed by only 18 undersea cables.

10 Ways To Spice Your Love Life in 2025

10 Ways To Spice Your Love Life in 2025

Rediff.com9 Jan 2025

Your romantic life is about to become a thrilling and touching journey with these simple resolutions, says Sybil Shiddell, relationship manager at Gleeden.

'India deserved it', said Rana; wanted award for 26/11 attackers

'India deserved it', said Rana; wanted award for 26/11 attackers

Rediff.com11 Apr 2025

Tahawwur Rana, a Canadian citizen and native of Pakistan, was extradited to India to face charges related to his alleged role in the 2008 Mumbai terror attacks. The US Department of Justice said Rana allegedly commended the LeT terrorists who carried out the attacks and suggested they should be awarded Pakistan's highest gallantry award. Rana is accused of facilitating a fraudulent cover for his childhood friend, David Headley, to conduct surveillance in Mumbai for the Lashkar-e-Taiba (LeT) terrorist group. He is also accused of helping Headley submit false visa applications to Indian authorities. This extradition follows a lengthy legal process that began in 2020 with India's request for Rana's surrender. Rana, who was previously convicted in the US for providing material support to LeT, will now face trial in India on 10 criminal charges related to the Mumbai attacks.

NRIs yet to fully warm up to GIFT City's higher FPI limits

NRIs yet to fully warm up to GIFT City's higher FPI limits

Rediff.com20 Sep 2024

The Securities and Exchange Board of India (Sebi) has permitted 100 per cent contribution from non-resident Indians (NRIs) and overseas citizens of India (OCIs) in the corpus of foreign portfolio investors (FPIs) based out of Gujarat International Finance Tec-City (GIFT City), the country's international financial services centre (IFSC). However, the Indian diaspora is yet to fully embrace this new route. The regulator allowed this route to enhance the fund ecosystem at GIFT City and attract genuine investments from overseas Indians.

Teams are no longer scared of Manchester City: Guardiola

Teams are no longer scared of Manchester City: Guardiola

Rediff.com25 Jan 2025

Manchester City manager Pep Guardiola has noticed an increase in opposing teams adopting a man-marking approach.

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).

Domestic steel prices rise but looming global trade war sparks concerns

Domestic steel prices rise but looming global trade war sparks concerns

Rediff.com19 Mar 2025

Domestic steel prices have seen an increase over the past couple of months in anticipation of a safeguard duty, but a looming global trade war is likely to weigh as threat of import rises and prospect of export flounders. Data from BigMint showed that in March 2025, hot rolled coil (HRC) prices ex-Mumbai increased by Rs 600 per tonne month-on-month (M-o-M), rising from Rs 48,400 per tonne in February to Rs 49,000 per tonne.

Amount paid on share buyback to be treated as dividend and taxed in hands of shareholders: FM

Amount paid on share buyback to be treated as dividend and taxed in hands of shareholders: FM

Rediff.com23 Jul 2024

Finance Minister Nirmala Sitharaman on Tuesday said buyback of shares will be taxed in the hands of shareholders similar to dividend from October 1, a move that will increase the tax burden on investors. Further, the cost paid by the shareholder to acquire these shares will be considered for computation of capital gains or loss to them.

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Rediff.com8 May 2025

Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.

No wives: BCCI's strict rule for Champions Trophy

No wives: BCCI's strict rule for Champions Trophy

Rediff.com13 Feb 2025

Families will not be accompanying the Indian cricket players heading to Dubai on February 15 for the ICC Champions Trophy as the BCCI's new travel policy comes into effect for the first time with this tournament.

EPL PIX: Liverpool score hard-fought win against Wolves

EPL PIX: Liverpool score hard-fought win against Wolves

Rediff.com16 Feb 2025

Images from Premier League matches played on Sunday.

Indians Work More Than Chinese!

Indians Work More Than Chinese!

Rediff.com14 Feb 2025

The average Indian works 46.7 hours per week, surpassing even China's 46.1 hours. In some sectors, the numbers are even more staggering.

Kohli's Century of Fifties Crushes Rajasthan!

Kohli's Century of Fifties Crushes Rajasthan!

Rediff.com14 Apr 2025

Virat Kohli, the maestro of the chase, orchestrated a dominant nine-wicket victory for Royal Challengers Bengaluru (RCB) against Rajasthan Royals in Jaipur on Sunday.

Valuations support ICICI Prudential Life despite margin challenges

Valuations support ICICI Prudential Life despite margin challenges

Rediff.com30 Jan 2025

ICICI Prudential Life Insurance (IPRU) disappointed the market even though some analysts said the Q3FY25 results were in line. Most analysts cut margin estimates. The insurer reported M9FY25 growth of 8.5 per cent year-on-year (Y-o-Y) in value of new business (VNB) premium to Rs 1,575 crore, while total annual premium equivalent (APE) grew 27.2 per cent to Rs 6,910 crore.

Indian Pharma Gets Relief from Trump's Tariffs

Indian Pharma Gets Relief from Trump's Tariffs

Rediff.com4 Apr 2025

Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages.

'Love requires time management'

'Love requires time management'

Rediff.com13 Jul 2023

'In today's world, giving time is the most beautiful and priceless thing that you could give your partner.'

'Can i-pill Cause Delay In Periods?'

'Can i-pill Cause Delay In Periods?'

Rediff.com17 Mar 2025

rediffGURU Dr Nandita Palshetkar, medical director, Bloom IVF, offers advice on how to take care of your menstrual health.

'Goal for Axis Max Life Insurance is to become listed entity'

'Goal for Axis Max Life Insurance is to become listed entity'

Rediff.com17 Feb 2025

'However, this process will take some time. Depending on the approval timeline, it may span a few quarters.'

Depleted MI face stiff task against spin-heavy CSK

Depleted MI face stiff task against spin-heavy CSK

Rediff.com22 Mar 2025

Chennai Super Kings will lean on their formidable spin strength under favourable conditions at the Chepauk as well as recent record against Mumbai Indians sans Jasprit Bumrah and Hardik Pandya, when the two sides face each other in their Indian Premier League campaign opener in Chennai on Sunday.

Lessons For Start Ups From UPI Success Story

Lessons For Start Ups From UPI Success Story

Rediff.com14 Apr 2025

Isn't there something significant in the UPI example for all of us to learn from and execute to enable world-scale success for our startups?, asks Ajit Balakrishnan.

Real estate attracts $1.3bn investment in Jan-Mar, up 31% YoY: Colliers

Real estate attracts $1.3bn investment in Jan-Mar, up 31% YoY: Colliers

Rediff.com11 Apr 2025

Institutional investments in Indian real estate have seen a strong start to 2025, with inflows reaching $ 1.3 billion in the first quarter - a 31 per cent year-on-year (YoY) increase. This growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the quarter. With $ 0.8 billion inflows, domestic investments saw a 75 per cent annual rise and were largely focused on industrial & warehousing and office segments.

Corporate bond market cooled 22% in August

Corporate bond market cooled 22% in August

Rediff.com11 Sep 2024

Corporate bond issuances fell by around 22 per cent in August, despite easing yields as issuers delayed raising funds awaiting the US Federal Reserve to start cutting interest rates from this month. Corporates and financial institutions expect yields to fall further and borrowing costs to become cheaper, said market participants. The US Fed is widely expected to cut interest rates by 25 bps in the 17-18 September meeting, marking the start of a downward interest rate cycle.

Abolition of angel tax cheers startups, investors

Abolition of angel tax cheers startups, investors

Rediff.com23 Jul 2024

Startup and venture funds on Tuesday cheered the Budget decision on the abolition of angel tax for all investor classes, terming it a "game-changer" that would remove significant barriers in growth and foster a vibrant and dynamic ecosystem. Angel tax refers to the tax that the government imposes on funding raised by unlisted companies, or startups if their valuation exceeds the company's fair market value.

Kohli Revolts Against BCCI Family Rule

Kohli Revolts Against BCCI Family Rule

Rediff.com19 Mar 2025

'Players can apply for permission if they want their families to stay longer on tours.' 'The BCCI will make a decision as it sees fit.'

SBI eyes Rs 10K cr via infra bond

SBI eyes Rs 10K cr via infra bond

Rediff.com20 Nov 2024

State Bank of India (SBI), India's largest lender, is looking to raise Rs 10,000 crore through 15-year infrastructure bonds as early as next week, said multiple sources aware of the development. Market participants expect a coupon in the range of 7.15-7.18 per cent for SBI's upcoming infrastructure bond issuance. This comes as demand for longer-tenor papers has remained strong in recent domestic capital market offerings.

India well placed to tackle Trump's tariff volleys: Blackstone CEO

India well placed to tackle Trump's tariff volleys: Blackstone CEO

Rediff.com13 Mar 2025

India and the US are expected to have smooth trade negotiations after US President Donald Trump and Indian Prime Minister Narendra Modi had a productive meeting during Modi's visit to the White House last month, Stephen A Schwarzman, chairman, chief executive officer, and co-founder of one of the world's largest alternative investment firms, Blackstone Group, said in Mumbai on Wednesday.

Don't Derail SIP Goals!

Don't Derail SIP Goals!

Rediff.com7 Mar 2025

Stopping SIPs during a downturn undermines the benefit of rupee-cost averaging.

'Life partner of warrior': Hemant Soren in jail, wife posts wedding anniversary message

'Life partner of warrior': Hemant Soren in jail, wife posts wedding anniversary message

Rediff.com7 Feb 2024

Kalpana said her husband is not with the family on their wedding anniversary but she will not be emotional as he will "defeat conspiracy and emerge as a winner".

Insecure, not happy person: Sam Altman jabs Elon Musk

Insecure, not happy person: Sam Altman jabs Elon Musk

Rediff.com12 Feb 2025

If completed, this deal would place OpenAI among the most valuable private companies globally, alongside Musk's SpaceX and ByteDance, the parent company of TikTok, according to The New York Times.

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