News for 'Middle East Markets Leader'

Why India Is Angry with Turkiye

Why India Is Angry with Turkiye

Rediff.com28 May 2025

India-Turkiye ties are strained over Ankara's Islamabad tilt, its arms links with Pakistan, and fallout from the Pahalgam terror attack.

Michelin seeks larger market share in India

Michelin seeks larger market share in India

Rediff.com23 May 2011

"In the next ten years, I would expect that we should be recognised as one of the leaders in the truck tyre market in India," Michelin President (Africa-India-Middle East) Prashant Prabhu said.

How Adani Countered Hindenburg And Made The Boldest Comeback

How Adani Countered Hindenburg And Made The Boldest Comeback

Rediff.com22 Apr 2025

Hindenburg Research, the forensic financial firm that challenged the Adani Group, took its name from the infamous airship that burst into flames upon arriving in New Jersey in 1937. And the counter to its damning report against the conglomerate was dubbed 'Operation Zeppelin,' named after the German dirigible airships used for reconnaissance and bombing during the First World War.

Why Do We Believe Israel, And Not Iran?

Why Do We Believe Israel, And Not Iran?

Rediff.com20 Jun 2025

At the end of the day, for many worldwide, the ongoing mutual attacks between Israel and Iran would seem a contest devoid of any moral high ground and only a bout between two ordinary adversaries, one that nevertheless risks spinning out of control into a larger conflagration, notes Shyam G Menon.

China Remains Jaishankar's Main Problem

China Remains Jaishankar's Main Problem

Rediff.com15 Jun 2024

'China is India's primary strategic challenge, which will not go away.

One Month Of Trump: The World Is In Shock

One Month Of Trump: The World Is In Shock

Rediff.com20 Feb 2025

The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.

ICICI venture firm acquires Alved Pharma

ICICI venture firm acquires Alved Pharma

Rediff.com4 Jan 2008

ICICI venture firm, RFCL Ltd acquired Alved Pharma and Foods. RFCL aims at banking on Alved's southern market in animal healthcare business.

Time We Understood America's Game

Time We Understood America's Game

Rediff.com13 Dec 2024

Sections of our media and elites take Western reports/judgements at face value and are ready to condemn the targets without understanding the deeper power linkages behind such actions, asserts Colonel Anil A Athale (Retd).

'Modi Bought A Reprieve, Not A Resolution'

'Modi Bought A Reprieve, Not A Resolution'

Rediff.com18 Feb 2025

'Modi's intention was to create goodwill that will allow India to be seen by Trump as more than just a bad tariff problem.' 'He succeeded brilliantly on that count but none of these wins are unfortunately permanent.' 'Modi will have to do this again and again if Trump's grievances are to be durably assuaged.'

The India Story: 90% Work In Progress

The India Story: 90% Work In Progress

Rediff.com2 Jan 2025

From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.

PepsiCo appoints D Shivakumar as India head

PepsiCo appoints D Shivakumar as India head

Rediff.com9 Dec 2013

Global beverages and snacks major PepsiCo on Monday roped in former Nokia head for emerging markets, including India, D Shivakumar as its Chairman and CEO, India Region.

Wipro appoints Satya Easwaran as India head

Wipro appoints Satya Easwaran as India head

Rediff.com18 Apr 2022

IT major Wipro Limited has appointed Satya Easwaran, a former senior executive at consultancy KPMG, as its India head. Easwaran will be in charge of strengthening Wipro's business in India across key industry sectors through strategic consulting, transformation and modernisation engagements, it said in a statement on Monday. "India is a strategic market for Wipro and I am excited to welcome Satya to champion our bold ambition for growth and leadership here.

Uzbekistan: Land Of Arabian Nights

Uzbekistan: Land Of Arabian Nights

Rediff.com20 Dec 2024

Uzbekistan lives comfortably in several centuries but is also a forward-looking nation, Deepa Gahlot discovers on a visit to this Central Asian country.

Hinduja group chairman Srichand Parmanand Hinduja dies in London at 87

Hinduja group chairman Srichand Parmanand Hinduja dies in London at 87

Rediff.com17 May 2023

His business successes which started with the international distribution rights for the Bollywood blockbuster movie 'Sangam' in 1964 made him one of the richest in Britain but it was the Bofors scam that made Srichand Parmanand Hinduja famous, or rather infamous, back home. SP Hinduja, as he was known, died in London on Wednesday after a prolonged illness. He was 87, a family spokesperson said. Born in a business family in Karachi, British India, he and his two younger brothers were accused of receiving payments totalling Rs 64 crore in illegal commissions to help Swedish gunmaker AB Bofors secure an Indian government contract.

Wipro, not TCS or Infy, to kickstart Q4 results season

Wipro, not TCS or Infy, to kickstart Q4 results season

Rediff.com12 Apr 2020

While Wipro will announce its fourth quarter (Q4) results along with annual financial statements on April 15, market leader TCS will hold its board meet the next day (April 16) for approval of its financial statements. Infosys is yet to inform investors the date it will announce its Q4 earnings.

No terror funds in stock markets: Govt

No terror funds in stock markets: Govt

Rediff.com12 Aug 2009

The government on Tuesday ruled out any surreptitious entry of terrorist outfits into the stock market and said that sufficient caution has been administered to the stock exchanges to look out for any suspicious entry into their activity.

Maruti, Bajaj Auto clock highest-ever exports in FY22

Maruti, Bajaj Auto clock highest-ever exports in FY22

Rediff.com11 Apr 2022

Overseas shipments at auto firms expanded at a brisk pace year-on-year (YoY) in March, bumping up the overall annual exports for FY22 and taking it to a record level for some like Maruti Suzuki India and Bajaj Auto. Amid a semiconductor shortage, a depreciating rupee and a strong demand in various export destinations, passenger vehicle makers diverted capacity meant for the local market in favour of the more-lucrative export market. Among the passenger vehicle makers, market leader Maruti Suzuki led the rally with its overseas shipments touching a record level of 238,376 units in FY22 - the highest for the company in any financial year.

'Netanyahu cannot eradicate Hamas'

'Netanyahu cannot eradicate Hamas'

Rediff.com6 Nov 2023

'Assassinating the leaders of an organisation, destroying their homes, buildings and institutions are not 'wiping out' an organisation.' 'Genociding the Lebanese or the Palestinians is something that Israel cannot technically do, let alone morally afford.'

Modi Or Manmohan? Who Travelled More?

Modi Or Manmohan? Who Travelled More?

Rediff.com27 Feb 2024

While Narendra Modi spent fewer days abroad than his predecessor -- 275 days versus Dr Singh's 306 - he has travelled more widely than any other Indian PM.

India eyes pacts, expansion of ties with Egypt during Sisi's visit

India eyes pacts, expansion of ties with Egypt during Sisi's visit

Rediff.com20 Jan 2023

Sisi will be the first Egyptian President and the fifth leader from the Middle-East to grace the Republic Day celebrations as the chief guest. He is scheduled to arrive in India on January 24.

India's passenger vehicle exports jump 26% in Apr-Jun

India's passenger vehicle exports jump 26% in Apr-Jun

Rediff.com19 Jul 2022

India's passenger vehicle exports rose by 26 per cent in April-June 2022 aided by enhanced shipments to Latin America and Africa and a low base of the year-ago quarter that was hit by the second wave of COVID-19. As per the latest data released by the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle shipments rose to 1,60,263 units in the April-June period of this fiscal as compared with 1,27,083 units in the same quarter of 2021-22. Passenger car shipments saw an 88 per cent year-on-year growth at 1,04,400 units while utility vehicle exports rose 18 per cent to 55,547 units during the period under review, SIAM data showed.

'Who Does Not Want To Be Prime Minister?'

'Who Does Not Want To Be Prime Minister?'

Rediff.com27 Dec 2024

'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'

14 IPOs raised $940 mn in Q1 of 2019

14 IPOs raised $940 mn in Q1 of 2019

Rediff.com2 Apr 2019

Around 70 companies have received IPO clearance from markets regulator Sebi, but are waiting for election results.

Get over 'West is bad guy' syndrome: Jaishankar

Get over 'West is bad guy' syndrome: Jaishankar

Rediff.com18 Sep 2023

The minister said this underlying resentment and pain of those countries regarding the global economy was building up for the last 15-20 years and the COVID-19 pandemic and the Ukraine conflict resulted in prices of energy and food items going up.

India's IPO proceeds highest for 9-mth period in 20 yrs

India's IPO proceeds highest for 9-mth period in 20 yrs

Rediff.com10 Oct 2021

Bolstered by bullish investor sentiments, India witnessed companies mopping up a whopping $9.7 billion through initial share sales in the first nine months of 2021, the highest amount for the nine-month period in two decades, says a report. As many as 72 initial public offerings (IPOs) hit the stock market during the January-September period this year in India and strong sentiments were visible in the global markets as well, according to leading consultancy EY. EY, in its latest report, said the global IPO market continued to boom through Q3 2021 resulting in the most active third quarter by deal numbers and proceeds in the last 20 years.

Has Russia's invasion of Ukraine stalled? UK's defence ministry thinks so

Has Russia's invasion of Ukraine stalled? UK's defence ministry thinks so

Rediff.com17 Mar 2022

Russian forces have made minimal progress on land, sea or air in recent days and they continue to suffer heavy losses, the UK's ministry of defence said on Thursday.

Will build China into great wall of steel, vows Xi in first speech of 3rd term

Will build China into great wall of steel, vows Xi in first speech of 3rd term

Rediff.com13 Mar 2023

President Xi Jinping on Monday vowed to build China's military into a "Great Wall of steel" to protect its sovereignty and developmental interests as he sought a bigger role for Beijing in global affairs, days after brokering a Saudi Arabia-Iran detente, regarded as a diplomatic coup.

Wipro rewrites growth strategy under new chief Thierry Delaporte

Wipro rewrites growth strategy under new chief Thierry Delaporte

Rediff.com27 Nov 2020

Under the new model, the IT services firm will replace the current structure of its various strategic business units, service lines and geographies with four strategic market units and two global business lines.

Qatar-Saudi standoff: Iran plays its cards

Qatar-Saudi standoff: Iran plays its cards

Rediff.com12 Jun 2017

Iran signed a $3 billion deal with Boeing, backed Qatar against the Saudis, scored a big victory in Syria and reached out to Hamas. Ambassador M K Bhadrakumar examines how the Qatar versus Saudi Arabia standoff is quickly changing alignments in the Middle East.

'Today it's Canada, it could be something else tomorrow'

'Today it's Canada, it could be something else tomorrow'

Rediff.com21 Sep 2023

'You know the kind of force involved in all of this. They are not good for the country where all of this will happen.'

India dials OPEC on high oil prices

India dials OPEC on high oil prices

Rediff.com19 Jul 2021

India has taken up the issue of high oil prices with producer nations and OPEC, demanding affordable rates, Minister of State for Petroleum and Natural Gas Rameswar Teli told the Lok Sabha on Monday. Petrol and diesel prices have shot up to record highs across the country after relentless price increases since early May. Petrol is retailing above Rs 100 a litre in more than a dozen states.

Sell rating on Jhunjhunwala-backed Nazara sees stock tank

Sell rating on Jhunjhunwala-backed Nazara sees stock tank

Rediff.com19 Jun 2021

Foreign brokerage firm CLSA initiated coverage on the stock with a Sell rating and target price of Rs 1,095, citing hefty premium valuation.

Global PC shipment slips 11% in Q2 to 76 mn units

Global PC shipment slips 11% in Q2 to 76 mn units

Rediff.com11 Jul 2013

PC shipments declined by 10.9 per cent to 76 million units in second quarter of 2013 from 85.32 million units in the same period last year, preliminary data by Gartner said.

Thousands gather in Kuala Lumpur to demand Malaysia's PM ouster

Thousands gather in Kuala Lumpur to demand Malaysia's PM ouster

Rediff.com29 Aug 2015

Online reports said there were at least 40,000 protesters in the rally in downtown Kuala Lumpur.

Manchester City is world's most valuable soccer group

Manchester City is world's most valuable soccer group

Rediff.com27 Nov 2019

Manchester City's Abu Dhabi-controlled owner has agreed to sell a $500 million stake to US private equity firm Silver Lake, making it the world's most valuable soccer group with a $4.8 billion price tag.

IT firm Atos plans to hire 15K people in India by mid-2023

IT firm Atos plans to hire 15K people in India by mid-2023

Rediff.com7 Jan 2022

French IT firm Atos is planning to hire 15,000 people in the next 12-18 months in India, including climate experts, as it moves towards decarbonisation by 2028, chief operating officer (COO) Nourdine Bihmane said. "India is a strategic market for Atos. "We have been present here for the last 30 years, and we have grown organically since. "People and innovation are our two key drivers to build momentum. "India represents one-third of our total workforce," Bihmane said. Atos has around 40,000 employees in India.

Surge of Saudi nationalism hurts US

Surge of Saudi nationalism hurts US

Rediff.com24 Jun 2017

'The surge of Saudi nationalism is the last thing Washington wants,' says Ambassador M K Bhadrakumar.

Andaman & Nicobar can attract Hong Kong investments

Andaman & Nicobar can attract Hong Kong investments

Rediff.com9 Jun 2020

'Leaders of the Indian community in Hong Kong had broached the idea of developing the Andaman and Nicobar islands for investment and setting up manufacturing units,' points out Rup Narayan Das.

'When Modi chants Ram, Ram, the youth chant kaam kaam'

'When Modi chants Ram, Ram, the youth chant kaam kaam'

Rediff.com22 Feb 2021

'Who are these people on the streets?' 'They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.' 'And Mamata sings the same tune.' 'But the youth can see that as long as there is Mamata or Modi, there is no hope.'

Can G7 Decoupling From China Boost India?

Can G7 Decoupling From China Boost India?

Rediff.com29 May 2023

Indian policymakers are almost alone, alongside the United States, in seeking a hard and multi-sectoral global decoupling from China in the expectation that it will boost their economies, observes Mihir S Sharma.