News for 'New Ventures India'

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.'

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.

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.

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.

'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.'

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.

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.

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.

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.

Dhoni Beats Bachchan, SRK!

Dhoni Beats Bachchan, SRK!

Rediff.com5 Dec 2024

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

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.'

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.

'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?'

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.

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".

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.

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.'

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.

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.

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.

Virat Kohli ventures into E motor sports

Virat Kohli ventures into E motor sports

Rediff.com3 Oct 2023

Buys team in electric powerboat series.

US sanctions 15 Indian entities for backing Russia

US sanctions 15 Indian entities for backing Russia

Rediff.com1 Nov 2024

The United States has imposed sanctions on 275 individuals and entities, including 15 from India, for allegedly supporting Russia's military-industrial base.

The Man Who Saw Tomorrow

The Man Who Saw Tomorrow

Rediff.com21 Oct 2024

Here stood a man who embodied the legacy of whatever Brand Tata stood for, embellished it, and departed into the long night, leaving the brand legacy for others to further enrich, notes R Gopalakrishnan.

Vote: Deepika Padukone's Sizzling New Avatar

Vote: Deepika Padukone's Sizzling New Avatar

Rediff.com18 Sep 2024

The new momma is making a stunning debut in the gaming world.

Govt talking to Kukis, Meiteis for lasting peace: Amit Shah

Govt talking to Kukis, Meiteis for lasting peace: Amit Shah

Rediff.com17 Sep 2024

Union Home Minister Amit Shah said on Tuesday said the government was talking to both the Meitei and Kuki communities in Manipur to ensure lasting peace and has begun fencing the country's border with Myanmar to check infiltration.

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.

Cyclone to hit Bengal, Odisha with wind speed of 120 kmph

Cyclone to hit Bengal, Odisha with wind speed of 120 kmph

Rediff.com23 Oct 2024

More than 150 express/passenger trains running through South Eastern Railway jurisdiction have been cancelled in view of the severe cyclonic storm, an SER official said.

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.

The aviator: How Ratan Tata finally made his group fly

The aviator: How Ratan Tata finally made his group fly

Rediff.com11 Oct 2024

In a December 2012 interview, Ratan Tata, then preparing to step down as chairman of Tata Sons, expressed doubts about the Tata group re-entering the aviation sector, calling it a space plagued by "destructive competition". But beneath that frustration lay nearly two decades of failed attempts to conquer the Indian skies. In 1994, Tata, along with Singapore Airlines, had plans to launch a joint venture (JV) airline in India.

Vistara to operate last flight under its brand on Nov 11

Vistara to operate last flight under its brand on Nov 11

Rediff.com30 Aug 2024

Vistara will operate the last flight under its brand on November 11 and the full-service carrier's operations will be unified with Air India from November 12. The government has given its nod for the foreign direct investment by Singapore Airlines as part of the Air India-Vistara merger. Vistara is a joint venture between Tata Group and Singapore Airlines.

BSE 100 companies boost R&D, innovation challenges persist

BSE 100 companies boost R&D, innovation challenges persist

Rediff.com13 Oct 2024

Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.

Indian hockey team still missing one key ingredient...

Indian hockey team still missing one key ingredient...

Rediff.com25 Oct 2024

German hockey captain Moritz Furste knows a thing or two about consistency and he feels the ability to deliver even performances in a series of games is the "little missing piece" in India's admirable resurgence in the last one decade.

I've seen him work hard for this: Gill on Pant comeback

I've seen him work hard for this: Gill on Pant comeback

Rediff.com21 Sep 2024

Pant is playing a Test match for the first time since a serious car accident in 2022, and Gill was happy for his teammate.

Markets: 'India Will Be In A Brighter Position'

Markets: 'India Will Be In A Brighter Position'

Rediff.com8 Aug 2024

'India's fundamentals are a lot better (than those of other emerging market economies).' 'India will suffer (witness a fall in its stock market) what I call the second order effect.' 'And the second order will happen when these funds (belonging to macro and hedge fund investors and which have leveraged Japanese yen-carry trades), because they lose money elsewhere as lot of their positions were financed by borrowing Japanese yen, will have to book profits in investment destinations where they are making money, including in markets like India.' 'They (these investors) will have to effectively sell in countries like India and which is the consequence (the crash in equity markets) that Indian markets might see.'

'You Can't Expect To Get Hot Potatoes From Colleges'

'You Can't Expect To Get Hot Potatoes From Colleges'

Rediff.com12 Nov 2024

'It is the responsibility of industry to take the very bright talent whose knowledge of software engineering basics is very high, and then give them additional skills.'

7 Stunning Sequences From Raj Kapoor Films

7 Stunning Sequences From Raj Kapoor Films

Rediff.com20 Dec 2024

Within his short lifespan of 63 years, Raj Kapoor left behind an incredible cinematic legacy. Dinesh Raheja continues celebrating Raj Kapoor's birth centenary by looking at seven sequences from his films that have defined Hindi cinema.

Tata leaves behind an unfulfilled dream: A Nano EV

Tata leaves behind an unfulfilled dream: A Nano EV

Rediff.com11 Oct 2024

From Tetley Tea to Jaguar Land Rover and Air India, Ratan Tata has ticked off almost every item on his bucket list. However, one that remains unfinished is the electric version of his small car, the Tata Nano. A concept entrusted to Coimbatore-based Jayem Automotives (Jayem Auto) is still on the shelves, despite nearly 400 cars being launched, primarily due to Covid-19 and new crash norms.

JSW MG to launch 4 luxury cars

JSW MG to launch 4 luxury cars

Rediff.com20 Sep 2024

The first luxury car will be launched in the first quarter of 2025 and the company is planning to open 12 'MG Select' showrooms in the next six months.

Workers Hope For Second Innings At Ford Chennai Plant

Workers Hope For Second Innings At Ford Chennai Plant

Rediff.com18 Sep 2024

The chances of former workers getting jobs depends on the model under which Ford would restart its Chennai plant operations -- under Ford India or as a joint venture or under any other model.