News for 'Max Group'

Panel on baby being wrongly declared dead finds Max Hospital guilty

Panel on baby being wrongly declared dead finds Max Hospital guilty

Rediff.com5 Dec 2017

The three-member panel in its report said that no ECG tracings were done to check if the child was alive. The body was handed over without written instructions.

Pvt life insurance stocks up on decent growth prospects in Q1

Pvt life insurance stocks up on decent growth prospects in Q1

Rediff.com20 Jul 2023

Private life insurers are expected to deliver decent growth in the first quarter of the 2023-24 financial year (Q1FY24) on the back of stronger group business performance and easing supply-side constraints on individual protection. Life Insurance Corporation (LIC), though, is likely to see a decline. Healthy 12 per cent year-on-year (YoY) retail annual premium equivalent (APE) growth for private players, coupled with 11 per cent year-on-year (YoY) decline in LIC, will pull retail APE growth to a mere 3 per cent YoY in June 2023.

Ruias eye Max, IL&FS stake in Hutch JV

Ruias eye Max, IL&FS stake in Hutch JV

Rediff.com28 Sep 2005

Continuing the efforts to strengthen its presence in telecom JV with Hutchison, Ruias' Essar Group is considering buying Max Telecom and IL&FS's 3.16 per cent stake in the Hutch-Essar joint venture.

Praggnanandhaa shocks World champion Liren; overtakes Anand

Praggnanandhaa shocks World champion Liren; overtakes Anand

Rediff.com17 Jan 2024

The 18-year-old also created history as he surpassed the legendary Viswanathan Anand to take the No 1 spot among Indian chess players in the live ratings.

Indian Max New York sees rise in insurance premium

Indian Max New York sees rise in insurance premium

Rediff.com5 Dec 2002

Max New York Life Insurance Co Ltd, 26 per cent owned by New York Life, expects the premium income of private life insurers in India to grow at a compounded annual rate of 75 per cent over the next five years.\n\n\n\n\n\n

India is only hope for WiMAX in South Asia

India is only hope for WiMAX in South Asia

Rediff.com16 Apr 2009

The only hope for WiMax operations in South Asia will be India, according to the Yankee Group, since even in countries like the US and other advanced nations, the technology "cannot be rated as successful".

End of a dream! Sony-Zee's $10 billion mega deal called off

End of a dream! Sony-Zee's $10 billion mega deal called off

Rediff.com22 Jan 2024

Culver Max Entertainment, formerly known as Sony Pictures Networks India (SPNI), has terminated merger agreements with Zee Entertainment, which could have otherwise created a USD 10 billion media enterprise in the country.

'Second-gen promoters more open to selling out'

'Second-gen promoters more open to selling out'

Rediff.com6 Jun 2024

'There is not any negative connotation associated with it.'

Disney, Fox, Warner Bros to collab for sports streaming

Disney, Fox, Warner Bros to collab for sports streaming

Rediff.com7 Feb 2024

The CEOs have been discussing a collaboration for some time, according to two people with knowledge of the situation.

Air India acquires first A350 aircraft through GIFT City

Air India acquires first A350 aircraft through GIFT City

Rediff.com29 Sep 2023

Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City. This is also the first wide body aircraft to be leased through the GIFT City, the country's first International Financial Services Centre (IFSC). In a release, the airline said the transaction was facilitated by its wholly-owned subsidiary AI Fleet Services Ltd (AIFS) and is also the first financing transaction from the orders for 470 aircraft that were made earlier this year.

90 planes set to board Air India fleet in 2 years

90 planes set to board Air India fleet in 2 years

Rediff.com20 Feb 2023

The Tata group-owned Air India will induct over 90 aircraft in two years as it looks to widen its footprint and grab a larger market share. The plan includes 56 planes from the mega aircraft order that the airline has now finalised with Airbus and Boeing. These will be in addition to previously announced leases of 36 planes that include Airbus A320Neo, A321Neo, and Boeing 777 aircraft.

Robust growth ahead for pvt insurers; HDFC Life may see stronger momentum

Robust growth ahead for pvt insurers; HDFC Life may see stronger momentum

Rediff.com17 Sep 2023

Private players continued to show strong momentum in the life insurance individual new business segment during August, 2023. On an aggregate, the industry registered 14 per cent growth year-on-year (Y-o-Y) compared to 15 per cent in July '23. Private players were up 21 per cent Y-o-Y, up from 16 per cent Y-o-Y in July '23, while public insurers' growth was muted at 3 per cent.

Air India-Boeing deal to create 1 million jobs in US: Biden to Modi

Air India-Boeing deal to create 1 million jobs in US: Biden to Modi

Rediff.com15 Feb 2023

The landmark Air India-Boeing deal will create up to 1 million jobs across 44 states in the US and will further deepen bilateral ties, President Joe Biden has told Prime Minister Narendra Modi. Boeing and Air India announced a mega deal on Tuesday under which the Tata Group-owned airline will purchase 190 B737 MAX, 20 B787, and 10 B777X for a total of 220 firm orders valued at $34 billion at list price. The deal will also include customer options for an additional 50 Boeing 737 MAX and 20 Boeing 787, totalling 290 airplanes for a total of $45.9 billion at the list price.

World Championships: Israeli swimmer booed by crowd

World Championships: Israeli swimmer booed by crowd

Rediff.com19 Feb 2024

Politics infused the event in Doha where Belarusian swimmers competed as neutrals due to restrictions imposed on their athletes, and Russia's, stemming from Russia's invasion of Ukraine -- which Moscow called a "special military operation".

5 Fastest World Cup Centuries

5 Fastest World Cup Centuries

Rediff.com26 Oct 2023

Glenn Maxwell scored a 40 ball century on Wednesday.

'India is big enough to have over 4 airlines'

'India is big enough to have over 4 airlines'

Rediff.com28 Oct 2023

'Within five years, we should be achieving more on the international front than what it took most airlines 15 to 20 years back.'

India's biggest media company is born. $10 bn Zee-Sony merger gets NCLT nod

India's biggest media company is born. $10 bn Zee-Sony merger gets NCLT nod

Rediff.com10 Aug 2023

The National Company Law Tribunal (NCLT) on Thursday allowed the merger of Zee Entertainment Enterprises Ltd and Culver Max Entertainment (earlier known as Sony Pictures Networks India). This order by the Mumbai bench, headed by H V Subba Rao and Madhu Sinha, will pave the way for the creation of a $10-billion media company, the biggest in the country. The tribunal also dismissed all objections regarding the merger.

Heart Disease: Why Young Women Are At Risk

Heart Disease: Why Young Women Are At Risk

Rediff.com17 Nov 2023

Practo has witnessed a 215% increase in total consultations related to cardiovascular health, with women in the age group of 25 to 34 contributing to the largest number of consultations.

Mini in name, max in power and appeal

Mini in name, max in power and appeal

Rediff.com26 Mar 2021

Why is the Mini the only "lifestyle" auto badge that seems to be growing and staying strong? Pavan Lall finds out.

'I earn Rs 30k per month. Help me save and invest'

'I earn Rs 30k per month. Help me save and invest'

Rediff.com1 Sep 2023

rediffGURU Hemant Bokil answers your personal finance queries

3G Vs 4G: Intel pushes for WiMAX

3G Vs 4G: Intel pushes for WiMAX

Rediff.com17 Dec 2009

WiMAX is generally said to deliver 70 megabits per second over 50 kilometers but can either operate at higher bitrates or over longer distances.

Nirma, 3 private equity firms in race to buy Glenmark Life Sciences

Nirma, 3 private equity firms in race to buy Glenmark Life Sciences

Rediff.com25 May 2023

Ahmedabad-based Nirma group and leading private equity firms have joined the race to acquire BSE-listed Glenmark Life Sciences. The acquisition by chemicals-to-cement major Nirma, if successful, would be a major boost for the health-care segment of the group, on the lines of its successful entry into the cement sector following its purchase of Lafarge India's assets for about Rs 9,400 crore in July 2016. It later followed up by buying Emami cement assets for Rs 5,500 crore in February 2020.

Australia outclass Finland, return to Davis Cup final

Australia outclass Finland, return to Davis Cup final

Rediff.com25 Nov 2023

Australia reached a second successive Davis Cup final when Alex de Minaur overpowered Emil Ruusuvuori 6-4 6-3 after Alexei Popyrin beat Otto Virtanen 7-6(5) 6-2 to earn the 28-time champions a 2-0 win over Finland on Friday.

Air India signs pacts with Airbus, Boeing to buy 470 planes

Air India signs pacts with Airbus, Boeing to buy 470 planes

Rediff.com20 Jun 2023

Air India on Tuesday signed agreements with Airbus and Boeing for acquiring 470 planes for an estimated $70 billion at list prices. The Tata Group-owned airline had announced that it will buy 470 aircraft, including wide-body planes, in February this year. The "firm orders include 34 A350-1000, 6 A350-900, 20 Boeing 787 Dreamliners and 10 Boeing 777X widebody aircraft, as well as 140 Airbus A320neo, 70 Airbus A321neo and 190 Boeing 737MAX narrow-body aircraft," the airline said in a release.

NCLAT stays insolvency proceedings against Zee

NCLAT stays insolvency proceedings against Zee

Rediff.com24 Feb 2023

In a major relief to media major Zee Entertainment Enterprises Ltd (ZEEL), the National Company Law Appellate Tribunal (NCLAT) on Friday stayed the insolvency proceedings initiated against it earlier this week. Admitting a petition filed by ZEEL Managing Director and chief executive Punit Goenka, the appellate tribunal issued notices to private sector lender IndusInd bank and the interim resolution professional directing them to file a reply in two weeks. NCLAT said the submissions made by both sides need a detailed hearing.

Air India, SpiceJet, and Go First lost domestic market share in Q4FY23

Air India, SpiceJet, and Go First lost domestic market share in Q4FY23

Rediff.com19 Apr 2023

Indian carriers transported 12.8 million domestic passengers in March 2023, a year-on-year growth of 21.41 per cent. India's largest carrier IndiGo shored up its domestic market share from 53.8 per cent in Q4 of FY22 to 55.7 per cent in Q4 of FY23, according to the Directorate General of Civil Aviation (DGCA) data released on Monday.

Sebi ban not a problem: Zee's Goenka to staff

Sebi ban not a problem: Zee's Goenka to staff

Rediff.com17 Jul 2023

The merger of ZEE Entertainment and Sony has reached an advanced stage of completion, and the issues faced by promoters with Sebi should not become a problem for the company, debarred ZEEL MD Punit Goenka has said in a letter to employees, according to sources. Goenka, who along with his father Subhas Chandra, was denied any interim relief against a Sebi order that barred them from holding the position of director or key managerial post in any listed company, in the letter ZEE Entertainment Enterprises Ltd (ZEEL) staff asserted that the merger of Culver Max (earlier known as Sony Pictures Networks India) is at a very important juncture. With the Securities Appellate Tribunal (SAT) restricting him from holding a directorial or key managerial position in a listed company, Goenka told the employees that the ZEEL board has constituted an interim committee of senior executives to ensure smooth operations and day-to-day functioning.

LIC's market share drops to 59% till September from 68.7% in a year

LIC's market share drops to 59% till September from 68.7% in a year

Rediff.com10 Oct 2023

The share of Life Insurance Corporation of India (LIC) in monthly new business premium (NBP) in the life insurance sector declined to 58.50 per cent in September 2023 from 68.25 per cent in September 2022 -- a drop of 975 basis points -- owing to shortcomings in the product and distribution side of business. However, the market share saw a marginal uptick from the 57.37 per cent recorded in August this year. According to the monthly business data released for September 2023 by the Life Insurance Council, the NBP of LIC up to September 2023 stood at Rs 92,462.62 crore as compared to about Rs 1.25 trillion in the same period a year ago.

Out of WC, England, Netherlands eye Champions Trophy qualification

Out of WC, England, Netherlands eye Champions Trophy qualification

Rediff.com7 Nov 2023

To avoid the ignominy of missing the cut for the prestigious Champions Trophy, England must win their remaining two fixtures against the Netherlands and Pakistan.

Tribunal reserves order on Zee, Sony merger

Tribunal reserves order on Zee, Sony merger

Rediff.com11 Jul 2023

The National Company Law Tribunal (NCLT) has reserved its order on the merger of Zee Entertainment Enterprises and with Culver Max Entertainment (earlier known as Sony Pictures Networks India). The Mumbai bench of NCLT, comprising H V Subba Rao and Madhu Sinha, reserved the order on Monday, after hearing arguments from creditors who objected to the scheme including Axis Finance, JC Flower Asset Reconstruction Co, IDBI Bank, Imax Corp and IDBI Trusteeship. In December 2021, Zee Entertainment and Sony Pictures had agreed to merge their businesses.

Uzbekistan cough syrup deaths: Noida firm loses production licence

Uzbekistan cough syrup deaths: Noida firm loses production licence

Rediff.com12 Jan 2023

A team of central agencies and the Uttar Pradesh drug department had carried out an inspection at the firm's office in Noida on December 29 and taken six more samples for testing.

DGCA suspends Air India's Boeing simulator facility in Mumbai for lapses

DGCA suspends Air India's Boeing simulator facility in Mumbai for lapses

Rediff.com30 Aug 2023

The Directorate General of Civil Aviation (DGCA) on Tuesday suspended Air India's Boeing simulator facility in Mumbai after finding certain alleged lapses during a spot check, a DGCA official said. The pilots, who were scheduled to undergo refresher courses at the Mumbai facility, will now not be able to do so.

PHOTOS: It's a Diwali dhamaka as unbeaten India thump Dutch!

PHOTOS: It's a Diwali dhamaka as unbeaten India thump Dutch!

Rediff.com12 Nov 2023

After their colleagues had departed following breezy fifties on a good M Chinnaswamy Stadium track, Iyer (128 not out) struck his fourth ODI ton before Rahul (102) exploded as the duo lit up the stage on the Hindu festival of Diwali to get India to 410-4.

Self-Employed? How To Get Term Insurance?

Self-Employed? How To Get Term Insurance?

Rediff.com13 Feb 2024

A prudent guideline for self-employed individuals is to target at least 10 to 15 times their actual annual income when determining life insurance coverage.

Looking For Guaranteed Long-Term Returns?

Looking For Guaranteed Long-Term Returns?

Rediff.com8 Dec 2023

These plans are best suited for individuals with a lower risk appetite as they provide guaranteed benefits.

Review: The Village Fails To Impress

Review: The Village Fails To Impress

Rediff.com24 Nov 2023

The Village starts off pretty well, but it required something more convincing than a bunch of creepy Gollum-like monsters to deliver the impact it should, observes Divya Nair.

T20 WC PIX: Netherlands pip UAE in an exciting finish

T20 WC PIX: Netherlands pip UAE in an exciting finish

Rediff.com16 Oct 2022

IMAGES of the Group A, round one match of the T20 World Cup played between Netherlands and UAE at the Simonds Stadium, in South Geelong, Australia on Sunday

F1: Leclerc faces 10 place grid penalty in Saudi Arabia

F1: Leclerc faces 10 place grid penalty in Saudi Arabia

Rediff.com15 Mar 2023

Austria to stay on Formula One calendar until 2027.

Warburg Pincus to buy 29.17% stake in Max India

Warburg Pincus to buy 29.17% stake in Max India

Rediff.com24 May 2004

Max India Ltd will allot 1 crore (10 million) equity shares of Rs 10 each, representing 29.17 per cent of the share capital, to Parkville Holdings Ltd, a member of the Warburg Pincus Group for a consideration of Rs 200 crore (Rs 2000 million).

LIC's knock-on effect: New business premium of insurers drops 12%

LIC's knock-on effect: New business premium of insurers drops 12%

Rediff.com21 Apr 2023

Contrary to expectations, the new business premium (NBP) of life insurance companies dropped 12.62 per cent year-on-year (YoY) in March 2023 due to an over 30 per cent drop in Life Insurance Corporation (LIC) of India's premiums, albeit on a high base. Data released by the Life Insurance Council shows the industry racked up NBP of Rs 52,081 crore in March 2023, compared with Rs 59,608.83 crore in the year-ago period. NBP is the premium acquired from new policies in a year. It is the sum of the first-year premium and single premium, reflecting the total premium received from new businesses.