News for 'New Ventures India'

3 dead, 7 missing as heavy rains batter Guj; hundreds shifted

3 dead, 7 missing as heavy rains batter Guj; hundreds shifted

Rediff.com26 Aug 2024

The administration is geared up for more showers as the India meteorological department has warned of heavy to very heavy rains with isolated extremely heavy rains in several districts of the state till Thursday morning.

Bharti dials up UK telecom play with $4 bn stake in BT

Bharti dials up UK telecom play with $4 bn stake in BT

Rediff.com13 Aug 2024

Bharti Global, the international investment arm of Bharti Enterprises, has decided to buy 24.5 per cent equity in BT Group - a move that will make the Indian conglomerate the biggest shareholder in the UK's second-largest telecom company both in terms of market value and subscriber count. The shares are being purchased from billionaire Patrick Drahi's Altice UK through a combination of cash and debt .

Licious eyes IPO in 24 months, 500 stores in five years

Licious eyes IPO in 24 months, 500 stores in five years

Rediff.com2 May 2024

The fresh meat and seafood delivery startup Licious plans to set up 500 stores nationwide within the next five years as part of an omnichannel strategy. The aim is to attract new users in the offline channel and encourage them to transact online as well. The move would also help the company in its efforts to achieve profitability and go for an initial public offering (IPO) in the next 24 months, according to the sources.

Former Wipro CEO Abidali Neemuchwala turns investor, joins Dallas Venture

Former Wipro CEO Abidali Neemuchwala turns investor, joins Dallas Venture

Rediff.com15 Sep 2020

As a venture partner, DVP said that Neemuchwala would be bringing deep technology expertise and invaluable experience of building businesses.

India to fence entire 1,643-km Myanmar border, free movement to end

India to fence entire 1,643-km Myanmar border, free movement to end

Rediff.com6 Feb 2024

The move could virtually put an end to the Free Movement Regime prevalent along the porous border.

Action Packed Time For Two-Wheelers!

Action Packed Time For Two-Wheelers!

Rediff.com19 Aug 2024

The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...

The Path-Breaking '70s Actor You Didn't Know

The Path-Breaking '70s Actor You Didn't Know

Rediff.com16 Sep 2024

Rehana Sultan was all set to be a path-breaker. The time was right. Hindi cinema had emerged from the 1960s musicals era. But somehow, leading film-makers of the time did not believe Rehana had that cachet. It was Zeenat Aman who ended up being the definitive taboo-trasher of the era. Dinesh Raheja salutes the trendsetter of the 1970s, Rehana Sultan.

Orange alert sounded as Kerala is lashed by intense rains

Orange alert sounded as Kerala is lashed by intense rains

Rediff.com23 May 2024

Heavy rains continued to lash several parts of Kerala on Thursday, leading to waterlogging in the low-lying areas of major cities, including Thiruvananthapuram, Kochi and Thrissur.

LTIMindtree chief talks about the company's growth drivers

LTIMindtree chief talks about the company's growth drivers

Rediff.com28 Jul 2024

'We added a significant number of freshers in Q1. You will see a good number of hiring in Q2 as well.'

'The Audience Can't Be Tricked'

'The Audience Can't Be Tricked'

Rediff.com29 Aug 2024

'In the audience's mind there is no urgency to go see a film in the theatre.' 'If you pay for social media buzz it does not convert into bums on seats.'

The Menace Of Road Rage

The Menace Of Road Rage

Rediff.com3 Sep 2024

I am happy I didn't knock anyone down, driving recklessly or trying to show off. However, in one instance of road rage (the consequence of arguing with a driver who disrespected my right to cross the road peacefully) I did find a man in a SUV taking his anger out on me by driving his vehicle over my feet, recalls Shyam G Menon.

'Payment banks' micro-lending to significantly impact economy'

'Payment banks' micro-lending to significantly impact economy'

Rediff.com12 Jun 2024

'The transition from payment banks to SFBs is only permissible for banks not owned by corporate entities.'

Indian siblings drowned while they were on video call with family

Indian siblings drowned while they were on video call with family

Rediff.com7 Jun 2024

The Pinjari family faced a devastating turn of events as siblings Jishan and Jia were swept away with two others by a strong wave in the Volkhov river in Russia.

India, UK plan green technology ventures

India, UK plan green technology ventures

Rediff.com8 Jul 2009

This was one of the major outcomes of a 45-minute meeting between Prime Minister Manmohan Singh and British Prime Minister Gordon Brown on the sidelines of G-8/G-5 Summit in Rome on Wednesday

Sony gets 3 weeks to respond to Zee shareholder's petition

Sony gets 3 weeks to respond to Zee shareholder's petition

Rediff.com30 Jan 2024

The National Company Law Tribunal (NCLT) on Tuesday admitted a fresh petition filed by a Zee Entertainment Enterprises Ltd shareholder seeking enforcement of the now-cancelled merger deal between ZEEL and Sony. The Mumbai bench of NCLT also directed Sony Pictures Network India, now known as Culver Max, to file a reply within three weeks and fixed the next date of hearing on March 12. On January 21, Sony Group Corp (SGC), the Japanese parent company of Sony Picture Network India (SPNI) and BEPL, announced the termination of the $10 billion merger agreement with ZEEL, while seeking $90 million for breach of conditions besides initiating arbitration.

Modi flags off 'Namo Bharat' train, India's 1st RRTS

Modi flags off 'Namo Bharat' train, India's 1st RRTS

Rediff.com20 Oct 2023

Modi showed the green flag to the train connecting Sahibabad and Duhai Depot stations, marking launch of the RRTS in India. The train can run at a speed of 180 km per hour,

Millennials Spark Luxury Homes Demand

Millennials Spark Luxury Homes Demand

Rediff.com20 Jun 2024

High-end apartments, penthouses, and bungalows boasting amenities like swimming pools, expansive driveways, and premium interiors are becoming highly sought after.

Banks are investing big time in venture capital

Banks are investing big time in venture capital

Rediff.com16 Feb 2018

Banks are allowed to invest up to 10 per cent of the paid-up or unit capital in Category-I or Category-II Alternative Investment Funds

'US-India initiatives will face new scrutiny'

'US-India initiatives will face new scrutiny'

Rediff.com5 Dec 2023

'This incident offers ammunition to those inside the US government and elsewhere who question the wisdom of trusting India, so it will have a lasting consequence no matter how it is managed.'

Why investors are putting their money on venture debt

Why investors are putting their money on venture debt

Rediff.com27 May 2019

In 2018, venture debt providers cumulatively deployed Rs 1,300 crore. This year, the market is expected to absorb venture debt of Rs 1,800 crore to Rs 2,000 crore. So what makes this asset class so attractive?

NASA will soon train Indian astronauts for joint ISS mission: Garcetti

NASA will soon train Indian astronauts for joint ISS mission: Garcetti

Rediff.com25 May 2024

National Aeronautics and Space Administration will soon provide advanced training to Indian astronauts, with the goal of mounting a joint effort to the International Space Station, a top American diplomat said Friday.

'I Never Take My Opponent's Name'

'I Never Take My Opponent's Name'

Rediff.com30 May 2024

'Even last time, when I defeated Shatrughan Sinha, I did not take his name.'

'Aim to reach 1 billion tonnes coal output by FY 2027'

'Aim to reach 1 billion tonnes coal output by FY 2027'

Rediff.com21 Jul 2024

'With the deployment of a higher degree of mechanisation, awarding contractual mining to MDOs and operational efficiency, we feel confident of achieving the desired target.'

How China Is Wooing Elon Musk

How China Is Wooing Elon Musk

Rediff.com30 Apr 2024

'Companies like Tesla and others have been given a long rope in India.'

From bricks to stocks: Indian family houses take leap with new-found wealth

From bricks to stocks: Indian family houses take leap with new-found wealth

Rediff.com25 Jun 2024

Led by a new generation of entrepreneurs, India's family offices are shifting from traditional investments in physical and tangible assets like real estate to investing in technology, healthcare, and retail stocks. This new wave of family offices is engaging in stock market investments, including pre-IPO placements and secondary market operations. "Born into a world of technology, the next generation, especially those born after 2000, view technology as equally crucial as finance for running a business.

India to buy 200 BrahMos, MiG 29 engines in Rs 39K cr deal

India to buy 200 BrahMos, MiG 29 engines in Rs 39K cr deal

Rediff.com1 Mar 2024

The contracts for the procurement of the platforms and weapons systems were signed in the presence of Defence Minister Rajnath Singh and defence secretary Giridhar Aramane, under whose guidance these deals fructified, an official readout said.

India eyes diamond mining ventures abroad

India eyes diamond mining ventures abroad

Rediff.com4 May 2007

It is the diamond in Africa and Russia that is dazzling India these days. India is planning joint ventures with diamond mining companies across Russia, Africa and the CIS nations.

The Genius Behind Bollywood's Beautiful Words

The Genius Behind Bollywood's Beautiful Words

Rediff.com17 Aug 2024

As a uniquely multi-hyphenated writer-director-lyricist-author, Gulzar has built a reputation across multiple spheres of film-making and literary creative endeavours. Dinesh Raheja salutes the Master who turns 90 on Sunday.

India venture into unknown against mighty Aussies

India venture into unknown against mighty Aussies

Rediff.com26 Nov 2020

Rohit Sharma will certainly leave a gaping hole at the top of the order, something that skipper Virat Kohli wouldn't have fancied at the onset of a gruelling two-month tour.

Dharavi redevelopment gets boost as residents back survey

Dharavi redevelopment gets boost as residents back survey

Rediff.com4 Aug 2024

Representatives of Citizen and Society Development Welfare, who have given the slogan of Dharavi Banao Andolan, met Srinivas and submitted a memorandum seeking expedition of the survey being conducted in Dharavi.

Budget focuses on jobs and skilling, keeping 2 allies happy

Budget focuses on jobs and skilling, keeping 2 allies happy

Rediff.com23 Jul 2024

Finance Minister Nirmala Sitharaman on Tuesday announced income tax relief for the middle class, a Rs 2 lakh crore outlay for job creation schemes over the next five years and a spending splurge for states run by her party's new coalition partners as she unveiled the Modi 3.0 government's first budget after the general elections.

The Machine That Saved Tanishq

The Machine That Saved Tanishq

Rediff.com29 Aug 2024

Stories are legion about the Karatmeter's use at that time. Hundreds of people standing in queue for testing, customers breaking down after discovering the actual purity of their jewellery and then becoming irate about the jeweller who had gypped them, the local jewellery industry leaning heavily on the Tanishq franchisees to desist from using it, some jewellers even threatening violent action.

How GenAI Startup Ecosystem Is Unfolding

How GenAI Startup Ecosystem Is Unfolding

Rediff.com11 Jan 2024

'In India, the GenAI startup ecosystem is unfolding with remarkable speed, signalling a new era of technological advancement and investment opportunities.'

Charge sheet filed against Vivo India in money laundering case

Charge sheet filed against Vivo India in money laundering case

Rediff.com7 Dec 2023

The Enforcement Directorate has filed its first charge sheet in connection with its money laundering probe against Chinese smartphone maker Vivo-India and some others, official sources said on Thursday. The prosecution complaint was filed before the court of Special Judge Kiran Gupta in New Delhi on Wednesday under the criminal sections of the Prevention of Money Laundering Act and Vivo-India has been named an accused apart from those arrested in this case, the sources told PTI. The judge posted the matter for consideration on December 13.

Why Promoters Are Cutting Stake In Companies

Why Promoters Are Cutting Stake In Companies

Rediff.com26 Jun 2024

'This trend will continue as long as the bull run continues.'

India Needs Foxconn And Vice Versa

India Needs Foxconn And Vice Versa

Rediff.com22 Aug 2023

Clearly, Foxconn Chairman Young Liu and his team are looking to raise their game in India.

CCI nods Reliance's Rs 2,850 crore buy of Metro's India biz

CCI nods Reliance's Rs 2,850 crore buy of Metro's India biz

Rediff.com14 Mar 2023

The Competition Commission of India (CCI) on Tuesday said it has approved Reliance Retail Venture's acquisition of German firm Metro AG's wholesale operations in India. Reliance Retail Ventures Ltd (RRVL) is a subsidiary of Reliance Industries Ltd (RIL) while Metro Cash & Carry India is engaged in the wholesale operations in India. In December last year, it was announced that RRVL had signed definitive agreements to acquire a 100 per cent equity stake in the company for a total cash consideration of Rs 2,850 crore.