News for 'New Ventures India'

Want To Take Your Parents For A Holiday?

Want To Take Your Parents For A Holiday?

Rediff.com31 Dec 2024

From specialised senior-friendly tours to redesigned hotel amenities, hotels are becoming increasingly attuned to the unique requirements of elderly travellers.

Paralympians Soar, But Await India Inc's Leap Of Faith

Paralympians Soar, But Await India Inc's Leap Of Faith

Rediff.com10 Sep 2024

'Historically, there hasn't been much representation around para-athletes from a brand perspective.' 'With their best medal tally in Paris, it has triggered considerable organic interest.'

Budget 2025: What realtors want from Nirmala Sitharaman

Budget 2025: What realtors want from Nirmala Sitharaman

Rediff.com13 Jan 2025

As the Union Budget 2025-2026 (FY26) inches closer, the Indian real estate industry is seeking stamp duty cuts, revised home loan limits and updated affordable housing norms through Pradhan Mantri Awas Yojna (PMAY), single-window clearance and eco-friendly policies, among others. Industry leaders and consultancy firms, including Anarock, Raheja, Gaurs, Kanodia Group, Reach, Urban Space, Justo and Eros Group, have shared their expectations.

Maoists force cadres to undergo vasectomy before marriage, says ex-rebel

Maoists force cadres to undergo vasectomy before marriage, says ex-rebel

Rediff.com15 Dec 2024

Former Maoist insurgents have revealed a shocking practice within the CPI (Maoist) organization, where cadres are forced to undergo vasectomy before they are allowed to marry. This policy, designed to prevent distractions and ensure loyalty to the movement, has been implemented across the organization. The practice has been highlighted by several former insurgents who have now surrendered to the authorities.

What Will FM's Budget Speech Focus On?

What Will FM's Budget Speech Focus On?

Rediff.com30 Jan 2025

The finance minister, in her Budget speech, should focus more on what she is directly responsible for, rather than on programmes where her role is largely supportive, notes Nitin Desai.

After extended winter, signs of thaw in Indian edtech sector

After extended winter, signs of thaw in Indian edtech sector

Rediff.com10 Dec 2024

After a prolonged winter, the Indian edtech sector seems to be witnessing some signs of a thaw. The sector has received $608.8 million of funding across 68 deals in 2024 so far - 153 per cent more than the $240.9 million across 106 deals during the same period last year - according to data from market intelligence platform Tracxn.

The Swades State Of Mind

The Swades State Of Mind

Rediff.com19 Dec 2024

As Swades turns 20, Aseem Chhabra looks back at the film that spoke to him.

'ONGC is venturing into high-risk ultra-deep water exploration'

'ONGC is venturing into high-risk ultra-deep water exploration'

Rediff.com25 May 2023

'We plan to add over 100,000 square kilometres every year, to reach an ambitious target of 500,000 square kilometres by 2025.'

Why Freshers Are Turning Entrepreneurs

Why Freshers Are Turning Entrepreneurs

Rediff.com4 Sep 2024

According to a recent survey, 67% of students polled intend to start their own business within 10 years of graduation.

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Rediff.com1 Jan 2025

'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'

What makes Reliance Retail a unique venture in India?

What makes Reliance Retail a unique venture in India?

Rediff.com31 Oct 2021

Even as regulatory focus has zeroed in on foreign e-commerce giant Amazon, a domestic retail giant has been created almost below the radar in Reliance Retail (RR), one of the most crucial businesses for the group's future. From doorstep delivery of groceries, apparels to branded jewellery, medicines, toys, furniture to high street retailing, RR's presence in the world's fourth largest consumer market is just one part of the story.

Gadkari favours 51% stake to foreign cos in tunnel construction JV

Gadkari favours 51% stake to foreign cos in tunnel construction JV

Rediff.com3 Sep 2024

Road Transport and Highways Minister Nitin Gadkari on Tuesday favoured giving a majority 51 per cent stake to foreign partners in joint ventures for building tunnels and detailed project reports to improve work quality. Gadkari said providing a majority stake to a foreign partner in the joint venture is necessary to ensure that only serious and technically qualified players bid for tunnel projects.

Reliance, BP partnership to continue despite end of exclusivity

Reliance, BP partnership to continue despite end of exclusivity

Rediff.com2 Oct 2024

Global supermajor BP Plc's exclusivity with Reliance Industries Ltd has ended but the energy giant will continue to pursue oil and gas as well as mobility ventures in India with the Mukesh Ambani firm owing to an unwritten strategic partnership, BP's outgoing India head Sashi Mukundan said. BP in 2011 spent $7.2 billion to acquire 30 per cent interest in 23 oil and gas blocks of Reliance. Eastern offshore KG-D6 block was the cornerstone of the deal that also provided for a 10-year exclusivity period which meant that BP would take up energy projects or investments in India only in partnership with Reliance.

Why Foreign Financial Firms Quit India

Why Foreign Financial Firms Quit India

Rediff.com24 May 2024

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.

Look Who's Following Karan Johar's Footsteps!

Look Who's Following Karan Johar's Footsteps!

Rediff.com20 Nov 2024

Siddharth Roy Kapur's RKF aims to raise around $50 million by offering up to a 50 per cent stake in the company.

Will Poonawalla Let Karan Johar Thrive?

Will Poonawalla Let Karan Johar Thrive?

Rediff.com27 Nov 2024

A non-strategic investor like Poonawalla brings in not only capital but also creative freedom. Indian cinema needs more investors like him, reports Vanita Kohli Khandekar.

JSW MG surges in sales: Is this the disruption electric car market needs?

JSW MG surges in sales: Is this the disruption electric car market needs?

Rediff.com30 Nov 2024

In September, JSW MG Motor India, the newly minted joint venture between SAIC Motor, which is present in 100 countries, and Indian conglomerate JSW Group, launched the Windsor, an electric car that introduced battery as a service (BaaS).

Air India-Vistara merger may impact 600 non-flying staff

Air India-Vistara merger may impact 600 non-flying staff

Rediff.com11 Jul 2024

Around 600 non-flying staff of Air India and Vistara are likely to be impacted by the two airlines' mega-merger, and efforts will be made to provide job opportunities to the affected employees within Air India group and Tata companies, sources said on Wednesday. Tata Group-owned loss-making full-service carriers -- Air India and Vistara -- together have more than 23,000 employees.

AIFs gain currency as fundraise tops Rs 5 trn

AIFs gain currency as fundraise tops Rs 5 trn

Rediff.com27 Nov 2024

Alternative investment funds (AIFs) have crossed Rs 5 trillion in terms of funds raised, while the investment commitments have surpassed Rs 12 trillion for the first time as of September, according to data released by the Securities and Exchange Board of India (Sebi).

As Bengaluru gets inundated in rains, netizens flood social media

As Bengaluru gets inundated in rains, netizens flood social media

Rediff.com21 Oct 2024

Amid the heavy downpour in Bengaluru, residents of many flood-affected areas have taken to social media to pour out their woes ranging from waterlogging to complaining about "crumbling" infrastructure.

US chipmaker AMD to invest $400 mn in India

US chipmaker AMD to invest $400 mn in India

Rediff.com28 Jul 2023

US chipmaker Advanced Micro Devices (AM) on Friday announced a $400 million investment in India over the next five years and said it will build its largest design centre in Bengaluru. AMD chief technology officer Mark Papermaster made the announcement at the annual semiconductor conference in the presence of Prime Minister Narendra Modi. Undeterred by Taiwan's Foxconn pulling out of his group's $20 billion semiconductor-making venture, mining baron Anil Agarwal said the first phase of Vedanta's chip-making project will be ready in two-and-a-half years.

Canada FDI has more than doubled since pandemic

Canada FDI has more than doubled since pandemic

Rediff.com23 Oct 2024

Canada's foreign direct investment (FDI) into India doubled after the pandemic years even as India's own investments into Canada show signs of slackening in recent years. The cumulative equity FDI inflows from Canada rose from $1.8 billion in March 2019 to $3.9 billion in March 2024, shows data from the Department for Promotion of Industry and Internal Trade (DPIIT). The overall share is up from 0.42 per cent to 0.57 per cent during the same period, suggesting that Canadian FDI grew faster than overall FDI during this period

Swiggy launches Rs 11,330-cr IPO

Swiggy launches Rs 11,330-cr IPO

Rediff.com30 Oct 2024

Food delivery app Swiggy on Wednesday launched a Rs 11,330-crore initial share sale, asking investors to take a pie of Indian middle class' rising propensity of online ordering. The company, which is present in over 650 cities and towns of the country, is launching the initial public offering (IPO) amid heightened concerns on urban demand slump, and the management stressed that it is unaffected by the broader trends in the economy. "We are also reading about it, but we are not seeing that yet in the business... So far, we have not seen the impact of demand on our business," its chief financial officer Rahul Bothra said.

Virat Kohli ventures into E motor sports

Virat Kohli ventures into E motor sports

Rediff.com3 Oct 2023

Buys team in electric powerboat series.

Parents, Equip Your Child For A Changing World

Parents, Equip Your Child For A Changing World

Rediff.com19 Dec 2024

'Make your child solve his/her problems on his/her own. Let the child see parenting as a partnership between you and your child.'

Dubai-based siblings to transfer jiohotstar.com domain to Reliance 'free of cost'

Dubai-based siblings to transfer jiohotstar.com domain to Reliance 'free of cost'

Rediff.com17 Nov 2024

Dubai-based siblings Jainam and Jivika, the owners of jiohotstar.com domain, have decided to transfer it to Reliance "free of cost", resting speculations on social media platforms. The story of the internet domain name, which grabbed a lot of attention on social media platforms in the recent past, ended with "seva and kindness", according to the duo.

Retail ownership of Indian equities up 800bps in a decade: Morgan Stanley

Retail ownership of Indian equities up 800bps in a decade: Morgan Stanley

Rediff.com12 Nov 2024

Retail investors have become a force to reckon with in the last 10 years with their ownership of Indian equities rising 800 basis points, or 8 per cent, to 23.4 per cent during this period, suggests a recent note from Morgan Stanley. This number, Morgan Stanley said, is set to rise in the next few years as Indian households are still underinvested in equities. India's demographics, policy framework, investor education and modest positive real rates, it said, will fuel the 'equity cult' in India.

Nifty Next 50 intensifies competition in the largecap space

Nifty Next 50 intensifies competition in the largecap space

Rediff.com12 Dec 2024

Passive funds tracking the National Stock Exchange Nifty Next 50 Index have seen their assets under management (AUM) more than double in the past year. The index's growing popularity can be attributed to its robust 50 per cent return over the same period. Currently, the AUM of funds tracking the Nifty Next 50 index stands at nearly Rs 30,000 crore.

Tatas may choose Singapore as key partner for semiconductor play

Tatas may choose Singapore as key partner for semiconductor play

Rediff.com8 Nov 2024

Tata Sons will likely choose Singapore as a "key partner" for its semiconductor plans, a senior minister from the city-state said on Friday. Speaking to reporters after a meeting with Tata Sons chairman N Chandrasekaran earlier in the day, Singapore's minister for home affairs and law K Shanmugam said semiconductors was a "big discussion" point during the meeting. "If they (Tatas) want to, they can do business with anybody in the world.

Tejasvi Surya becomes first MP to complete Ironman 70.3 challenge

Tejasvi Surya becomes first MP to complete Ironman 70.3 challenge

Rediff.com28 Oct 2024

Bharatiya Janata Party MP Tejasvi Surya on Sunday, became the first public representative to complete the Ironman 70.3 Challenge in Goa, which included 2 km of swimming, 90 km of cycling, and 21 km of running, the leader's office stated in a release.

Find Out Who Ruled Google in 2024

Find Out Who Ruled Google in 2024

Rediff.com11 Dec 2024

A major surprise in the 2024 Google search trends was the absence of iconic names like Cristiano Ronaldo, Lionel Messi, M S Dhoni, and Virat Kohli from the list of the top 10 most-searched athletes.

Is This The Future Of Television?

Is This The Future Of Television?

Rediff.com4 Dec 2024

'If you are watching cricket and don't want to leave the screen, you could check the menu and order through Zomato (or any other app) from a small part of your screen. That is what we are working towards.'

Dhoni Beats Bachchan, SRK!

Dhoni Beats Bachchan, SRK!

Rediff.com5 Dec 2024

Dhoni endorses 42 brands to Bachchan's 41 and SRK's 34.

Swiggy refiles IPO papers; eyes Rs 3,750 cr via fresh issue

Swiggy refiles IPO papers; eyes Rs 3,750 cr via fresh issue

Rediff.com26 Sep 2024

Food and grocery delivery major Swiggy on Thursday filed its updated draft papers with capital markets regulator Sebi to raise funds through its much anticipated initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth Rs 3,750 crore and an offer-for-sale (OFS) of 18.52 crore equity shares by existing shareholders, according to the updated draft red herring prospectus (UDRHP). Market sources have pegged the company's IPO size at over Rs 10,000 crore.

Women's Asian Champions Trophy: Nitish unveils logo, mascot

Women's Asian Champions Trophy: Nitish unveils logo, mascot

Rediff.com6 Oct 2024

'The design of the logo of this competition is a symbol of the rich cultural heritage and all-round progress of glorious Bihar.'

Brand Vistara Ends Its Journey

Brand Vistara Ends Its Journey

Rediff.com12 Nov 2024

Starting November 12, Vistara aircraft will be operated under the Air India banner, to be identified by a special four-digit flight code beginning with "2".

'Human Attention Span Is Now Less Than Goldfish's'

'Human Attention Span Is Now Less Than Goldfish's'

Rediff.com21 Dec 2024

'What scares me is the fact that there is so much content that people have content indigestion.' 'How do you entice people who have indigestion of content?'

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

Rediff.com30 Aug 2024

Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). This is Zepto's third big-ticket fundraise within a year. With this, the company has raised more than $1 billion in 12 months.

After cola play, Reliance Consumer takes trade margin fight to snacks

After cola play, Reliance Consumer takes trade margin fight to snacks

Rediff.com11 Nov 2024

After trying to make a dent in the cola market with Campa by offering higher trade margins to the supply chain, Reliance Consumer Products is betting on the same strategy to capture the chips, namkeen, and biscuits market in the country's booming snacks sector.

Temasek likely to invest $10 billion in India in the next three years

Temasek likely to invest $10 billion in India in the next three years

Rediff.com16 Jul 2024

Singapore government's sovereign wealth fund Temasek is looking to invest $10 billion in India during the next three years, Ravi Lambah, Temasek's head of India and strategic initiatives, said.