News for 'Max India Group'

T20 WC: India are with a foot in the semis already

T20 WC: India are with a foot in the semis already

Rediff.com2 Nov 2022

With scores of 4,9,9 in his previous three matches, Rahul was under pressure to justify his selection and the opener responded by clubbing four sixes en route to a 31-ball fifty as India reached 86-2 at the halfway stage.

The Ranbaxy conflict

The Ranbaxy conflict

Rediff.com17 Jul 2006

US aviation watchdog likely to maintain highest safety rating for India

US aviation watchdog likely to maintain highest safety rating for India

Rediff.com28 Apr 2022

A continuation of the highest standard by the FAA will be a relief for Indian airlines especially the Tata group which intends to increase Air India flights on India-US routes. US aviation watchdog Federal Aviation Administration (FAA) has completed the audit of India's aviation regulator DGCA. Sources said that the FAA team was satisfied with the work and changes in regulations by India and is likely to maintain a Category 1 status rating under its International Aviation Safety Assessment (IASA) programme.

Air passenger traffic nearly doubled to 1.25 cr in Jan

Air passenger traffic nearly doubled to 1.25 cr in Jan

Rediff.com20 Feb 2023

India's domestic air passenger traffic nearly doubled to 1.25 crore in January compared to 64.08 lakh recorded in the year-ago period, according to official data released on Monday. In January, IndiGo saw its domestic market share decline for the fifth consecutive month at 54.6 per cent. It carried 68.47 lakh passengers last month.

Australian insurer IAG to raise stake in SBI General to 49%

Australian insurer IAG to raise stake in SBI General to 49%

Rediff.com26 Mar 2015

Many other companies have expressed intent of diluting stakes.

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.

PIX: India top-order fire in unison to rout Netherlands

PIX: India top-order fire in unison to rout Netherlands

Rediff.com27 Oct 2022

Virat Kohli hit a second successive unbeaten half century. Rohit Sharma and Suryakumar Yadav also reached the 50-mark

25 years of telecom in India: Who won, who lost

25 years of telecom in India: Who won, who lost

Rediff.com14 Aug 2020

While smart boys like the Ruias of Essar, Ajay Piramal, Max India promoter Analjit Singh laughed all the way to the bank, the Tatas, Anil Ambani, Malaysian tycoon T Ananda Krishna of Maxis (which invested in Aircel), Sistema, and Norway's Telenor burnt their fingers, notes Surajeet Das Gupta.

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.

Why India's airlines are plagued by glitches

Why India's airlines are plagued by glitches

Rediff.com15 Aug 2022

The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.

Manesar violence: Maruti reaches out to other HR heads

Manesar violence: Maruti reaches out to other HR heads

Rediff.com31 Jul 2012

Top HR minds in India, including Santrupt Misra of Aditya Birla Group, Satish Pradhan of Tata Sons, P Dwarakanath of Max India, Aquil Busrai (ex-IBM India) and Price Augustine of Mahindra & Mahindra and Pankaj Bansal of People Strong were among those who brainstormed with Maruti Suzuki India chief operating officer (administration) S Y Siddiqui last week.

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.

CCI gives conditional nod to Sony-Zee merger deal

CCI gives conditional nod to Sony-Zee merger deal

Rediff.com4 Oct 2022

The Competition Commission of India on Tuesday approved with certain conditions the mega-merger deal between media groups Sony and Zee. In a tweet, the watchdog said it has cleared the deal with certain modifications. The proposed merger was announced in September last year. CCI said it has approved the "amalgamation of Zee Entertainment Enterprises Limited (ZEE) and Bangla Entertainment Private Limited (BEPL) with Culver Max Entertainment Private Limited (CME), with certain modifications".

Davis Cup: Sumit Nagal's epic win steals the spotlight

Davis Cup: Sumit Nagal's epic win steals the spotlight

Rediff.com17 Sep 2023

Nagal's court coverage and solid defence in long drawn points was the highlight of his win.

PICS: India in semis after Netherlands shock South Africa

PICS: India in semis after Netherlands shock South Africa

Rediff.com6 Nov 2022

Images from the T20 World Cup Super 12 match between the Netherlands and South Africa, in Adelaide, on Sunday.

Kartarpur pilgrims can carry max Rs 11K, one bag

Kartarpur pilgrims can carry max Rs 11K, one bag

Rediff.com24 Oct 2019

According to the "do's and don'ts" issued by the ministry of home affairs, children below 13 years and elderly persons of about 75 years and above will have to travel in groups. Eco-friendly material, preferably cloth bags, should be used during the pilgrimage and the surroundings should be kept clean.

Hockey World Cup: 48 years on... Can India win back lost glory?

Hockey World Cup: 48 years on... Can India win back lost glory?

Rediff.com12 Jan 2023

India will aim for their first podium finish in 48 years in the men's Hockey World Cup as they begin their campaign with a tricky match against Spain in Rourkela on Friday.

Noel Tata's Retail Masterstroke

Noel Tata's Retail Masterstroke

Rediff.com8 Sep 2023

His value lifestyle brand Zudio signals a coming of age of retail in small town India.

How india Inc biggies are going green

How india Inc biggies are going green

Rediff.com6 Jan 2022

India's traditional companies are now moving full scale into the renewable and alternative energy space that had been dominated by smaller players over the past decade. Companies such as government-owned NTPC and the Adani and the Tata groups restructured their businesses well in time to become major players in the green space. At the same time, other conventional companies, such as Larsen & Toubro and Reliance Industries Ltd (RIL), which have a presence both in the energy sector as well as myriad other activities - construction, technology and retailing - are tying up with new-age companies to hitch a ride to a greener path.

As aviation opens up, GE bets on India's wide-body aircraft market

As aviation opens up, GE bets on India's wide-body aircraft market

Rediff.com26 Mar 2022

The slot constraint in Indian airports is also going to play a role in pushing airlines to have wide bodies.

Life insurers' new biz premium down 17% in Feb, LIC collections shrink 32%

Life insurers' new biz premium down 17% in Feb, LIC collections shrink 32%

Rediff.com17 Mar 2023

Life insurance companies reported a 17 per cent year-on-year (YoY) drop in new business premium (NBP) in February as state-owned Life Insurance Corporation of India's premiums contracted 32 per cent during this period on account of a drop in its group single premium segment. According to data released by the Life Insurance Council, the industry earned an NBP of Rs 22,847.65 crore in February - a drop of 17 per cent from the same period a year ago.

Aviation stocks may lose altitude over ATF prices, traffic seasonality

Aviation stocks may lose altitude over ATF prices, traffic seasonality

Rediff.com11 Sep 2023

Rising crude oil prices and muted passenger traffic in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24) have raised concerns about the profitability of listed aviation players. These two concerns have caused the stock of InterGlobe Aviation (IndiGo), the largest player in the sector, to slip by 11 per cent since its highs at the end of July. Nuvama Research expects yields to cool down in the near term due to seasonality, rising crude oil prices, and higher capacity.

Realtors upbeat on homes for senior citizens

Realtors upbeat on homes for senior citizens

Rediff.com7 Apr 2014

A good number of seniors today are independent, financially stable.

Lessons To Be Learnt From Nitin Desai's Death

Lessons To Be Learnt From Nitin Desai's Death

Rediff.com25 Aug 2023

We must stop stigmatising business failures. Particularly when startups are mushrooming all around, the financial system, backed by the RBI and the government, can explore ways of extending support to restart the journey of a failed entrepreneur by finance as well as counselling, recommends Tamal Bandyopadhyay.

I want Pant sitting with me in the dugout in IPL: Ponting

I want Pant sitting with me in the dugout in IPL: Ponting

Rediff.com20 Jan 2023

Delhi Capitals coach Ricky Ponting wants "cultural leader" Rishabh Pant in the dugout every day of the week in IPL 2023.

HDFC - HDFC Bank merger: What's in store for the shareholders?

HDFC - HDFC Bank merger: What's in store for the shareholders?

Rediff.com12 Apr 2022

HDFC and HDFC Bank's merger - touted as India's biggest-ever corporate merger - pumped up shares of the two entities on the bourses. Shares of Housing Finance Development Corporation (HDFC) skyrocketed 9 per cent while those of HDFC Bank zoomed 10 per cent. In comparison, the benchmark S&P BSESensex and the Nifty50 indices settled 2.2 per cent higher on Monday.

Kusal Mendis's knock sends Sri Lanka into the Super 12

Kusal Mendis's knock sends Sri Lanka into the Super 12

Rediff.com20 Oct 2022

For the Dutch, opener Max O'Dowd came up with a valiant 71 not out from 53 balls (6x4, 3x6) but he lacked the final flourish, with hardly any support from the middle and lower order batters.

Spicejet, AI Express, IndiGo too pitch in with evacuation

Spicejet, AI Express, IndiGo too pitch in with evacuation

Rediff.com28 Feb 2022

SpiceJet, Air India Express and IndiGo will operate special flights from Hungarian capital Budapest and Romania's Bucharest on Monday and Tuesday to evacuate Indians stranded in Ukraine due to the Russian military offensive.

3 employees of Noida pharma arrested in Uzbek cough syrup death case

3 employees of Noida pharma arrested in Uzbek cough syrup death case

Rediff.com3 Mar 2023

Three employees of a Noida-based pharmaceutical firm, whose cough syrup is alleged to have led to the death of 18 children in Uzbekistan last year, were arrested on charges of manufacturing and sale of adulterated drugs, officials said.

Amid spike in Covid cases, India boosts health infrastructure

Amid spike in Covid cases, India boosts health infrastructure

Rediff.com28 Mar 2020

Even though the Health Ministry and Indian Council of Medical Research (ICMR) have been insisting that there is 'no solid evidence' of community transmission so far, the government has started scaling up health infrastructure to deal with any situation.

Sony merger: NCLT directs Zee to call shareholder meet on October 14

Sony merger: NCLT directs Zee to call shareholder meet on October 14

Rediff.com8 Sep 2022

The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday directed Zee Entertainment to convene a shareholders' meet on October 14 for approving the merger with Culver Max Entertainment (formerly Sony Pictures Network). The order, passed on August 24, but uploaded to the bourses on Wednesday, comes close on the heels of the Competition Commission of India (CCI)'s observation that the $10-billion merger could hurt competition and that greater scrutiny of the deal was needed. "This Tribunal hereby directs that a meeting of the equity shareholders of the applicant company (Zee) be convened and held on Friday, October 14, 2022 at 4 p.m. for the purpose of considering, and if thought fit, approving the proposed scheme," the NCLT order read.

Planning to buy an Apple iPhone 12 in India? Think again

Planning to buy an Apple iPhone 12 in India? Think again

Rediff.com27 Oct 2020

A Dubai trip plus Apple iPhone 12 is cheaper than buying the phone in India. Various models of the iPhone 12 Pro and Max are cheaper in Dubai by up to Rs 35,000 owing to higher GST, Customs duty in India.

Why are India's tycoons selling out?

Why are India's tycoons selling out?

Rediff.com21 Jun 2019

Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.

Piramal lines up big plans with Rs 1,800 cr Warburg boost

Piramal lines up big plans with Rs 1,800 cr Warburg boost

Rediff.com21 Jul 2015

In one of the largest FDI deals in realty sector, global private equity Warburg Pincus will invest Rs 1,800 crore (Rs 18 billion) in Piramal Realty, which would use the funds to develop mixed-use projects in the megalopolis.

French retailer Auchan scouts India all over again

French retailer Auchan scouts India all over again

Rediff.com23 Mar 2017

Auchan and another French retailer, Carrefour, exited India in 2014

AI brings back 489 citizens from Ukraine; private carriers step in too

AI brings back 489 citizens from Ukraine; private carriers step in too

Rediff.com1 Mar 2022

On Monday, the fifth Air India flight landed in Delhi from Bucharest with 249 Indian nationals while the sixth flight arrived from Budapest here with 240 Indian nationals, the officials said.

COVID-19 patient recovers well post plasma therapy

COVID-19 patient recovers well post plasma therapy

Rediff.com21 Apr 2020

The donor had recovered from the infection three weeks ago and again tested COVID-19 negative at the time of donation along with other standard tests to rule out other infections.

Retirement homes? You must read this!

Retirement homes? You must read this!

Rediff.com30 Nov 2015

These projects are targeted at financially well-off and upwardly mobile Indians.

India's COVID-19 death rate lower than many developed nations: Experts

India's COVID-19 death rate lower than many developed nations: Experts

Rediff.com10 Apr 2020

Suggesting that a relatively young Indian population may be one of the reasons for the low mortality rate due to the pandemic, experts have attributed the high number of fatalities in countries like Italy and Spain to their elderly population which are more susceptible to developing complications after contracting the infection.

'3 drinks are more than enough on a long flight'

'3 drinks are more than enough on a long flight'

Rediff.com12 Jan 2023

'Passengers feel since they have paid for the ticket it means they are entitled to unlimited free drinks.' 'They don't differentiate between 'free' and 'complimentary' drinks.'