News for 'New Ventures India'

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.

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.

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.

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,

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.

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.

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.

'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.'

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.

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.

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.'

CRED's Kunal Shah Is Top Startup Founder-Investor

CRED's Kunal Shah Is Top Startup Founder-Investor

Rediff.com3 Jul 2024

Kunal Shah has funded over 266 startups including Razorpay, Snapdeal, Zetwork, BlueSmart, Unacademy, Bliss Club, and Spinny, amongst others.

'FAME must include tractors and LCVs'

'FAME must include tractors and LCVs'

Rediff.com15 Jun 2024

'The scheme excludes tractors, light commercial vehicles, and medium and heavy commercial vehicles.'

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.'

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

Sebi eases minimum promoter contribution norms to boost IPO process

Sebi eases minimum promoter contribution norms to boost IPO process

Rediff.com22 May 2024

In a bid to ease compliance towards companies planning public offers (IPOs), the Securities and Exchange Board of India (Sebi) has notified norms that open more avenues to meet the minimum promoters' contribution (MPC). The market regulator has permitted promoter group entities and non-individual shareholders to contribute to the mandated promoters' contribution in the case of a shortfall without being identified as a promoter.

Valuations, access to capital spur fintechs' homecoming

Valuations, access to capital spur fintechs' homecoming

Rediff.com4 Jun 2024

Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping?

Reliance, Tata on TIME's list of world's most influential companies

Reliance, Tata on TIME's list of world's most influential companies

Rediff.com30 May 2024

Billionaire Mukesh Ambani's Reliance Industries and Tata Group have made it to the prestigious TIME's list of 100 World's Most Influential Companies of 2024. TIME called Reliance 'India's Juggernaut'. This is the second time that Reliance has found its way into the TIME list. Jio Platforms, the firm that holds digital properties of the conglomerate, was included in the inaugural TIME 100 Most Influential Companies List of 2021. Serum Institute is the other Indian company on the list.

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.

Can India Create Multi Language AI Like Chat GPT?

Can India Create Multi Language AI Like Chat GPT?

Rediff.com8 Jan 2024

Creating an LLM trained on Indian languages is not easy. Experts say each language in India has a nuance of its own, so creating a ChatGPT-like product is an ambitious challenge.

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?

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

RIL in talks for stake in Tata Play, may buy Disney's 30% share

RIL in talks for stake in Tata Play, may buy Disney's 30% share

Rediff.com16 Feb 2024

Mukesh Ambani-owned Reliance Industries (RIL) is in discussions to acquire a 29.8 per cent stake in Tata Play from the Walt Disney Company, according to sources close to the development. This move is seen as part of RIL's broader strategy to deepen its footprint in India's television distribution sector. Tata Sons, the holding company of the Tata group, currently holds a 50.2 per cent stake in the satellite television broadcaster.

The end nears? Dhawan prepares for life after cricket

The end nears? Dhawan prepares for life after cricket

Rediff.com23 May 2024

Shikhar Dhawan has acknowledged he's in a transitional phase, nearing a new chapter in his life.

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.

2036 Olympics: Coming Out Party For India

2036 Olympics: Coming Out Party For India

Rediff.com14 Nov 2023

If Ahmedabad is India's preferred candidate, as seems likely, hosting Olympics 2036 should give it a leg up: A bigger airport, a better metro network, more hotels, flyovers and so on, observes T N Ninan.

Mukesh Ambani is once again India's richest on Forbes list

Mukesh Ambani is once again India's richest on Forbes list

Rediff.com12 Oct 2023

Mukesh Ambani has reclaimed the top position on the 2023 Forbes list of India's 100 Richest with a net worth of $92 billion. The fortune of infrastructure magnate Gautam Adani, who rose meteorically to overtake Ambani as India's richest person for the first time last year, has slipped to the second position. Adani's net worth, which includes that of his family, fell by a whopping $82 billion to $68 billion, after a report by US short-seller Hindenburg Research in January sent his group's shares tumbling.

India set to launch first-ever offshore mineral auction in Q1 FY24

India set to launch first-ever offshore mineral auction in Q1 FY24

Rediff.com28 Dec 2023

In a step towards diversifying its resource base and securing green energy minerals, India is poised to launch its first-ever offshore mineral auction in the first quarter of 2024, announced Union Minister of Mines Pralhad Joshi during the launch event of the National Geoscience Data Repository portal. The government plans to hold auctions in March, offering 10-15 blocks for bidding. Meanwhile, the ministry of mines is currently developing rules and regulations for offshore mining.

Startup story set for better script in 2024 after a bleak '23

Startup story set for better script in 2024 after a bleak '23

Rediff.com28 Dec 2023

Funding winter and corporate governance woes separated the men from the boys in the country's startup space in 2023 that saw funds into the segment tapering to just around $8 billion. All said, investors are hopeful of strong growth of the maturing startup ecosystem in the new year. Edtech and health tech segments that grew exponentially during the pandemic plunged into an abyss of financial uncertainties, with several firms shuttering their business, and valuation of prominent players like BYJU'S and PharmEasy plummeting 85-90 per cent.

RSS and its affiliates seek I-T cut, robot tax launch in upcoming Budget

RSS and its affiliates seek I-T cut, robot tax launch in upcoming Budget

Rediff.com30 Jun 2024

An increase in the farmer income support scheme PM Kisan Nidhi, the introduction of a 'robot tax' to fund reskilling of people who lose their jobs to artificial intelligence (AI), and a reduced income-tax (I-T) to bring relief to the middle classes - these are some of the items in the Budget wish list submitted by Sangh Parivar affiliates to Finance Minister (FM) Nirmala Sitharaman. Representatives of the affiliates of the Rashtriya Swayamsevak Sangh (RSS), such as the farmer organisation Bharatiya Kisan Sangh (BKS); trade union Bharatiya Mazdoor Sangh (BMS); Laghu Udyog Bharati, which works for micro and small industries; and Swadeshi Jagran Manch (SJM), which works on economic and policy issues, met the FM and other officials over the last couple of weeks as part of the pre-Budget consultations.

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.

'Chandu Champion Action Isn't An Item Number'

'Chandu Champion Action Isn't An Item Number'

Rediff.com15 Jun 2024

'Action for the sake of action never really works, then it's an item number.' 'Action works when the emotional drama and arc of the story moves forward with the action.'

Russian skier killed as avalanche hits Gulmarg, 7 rescued

Russian skier killed as avalanche hits Gulmarg, 7 rescued

Rediff.com22 Feb 2024

A Russian skier died while six others, including a local guide, were rescued as an avalanche struck the ski slopes of Gulmarg in Jammu and Kashmir on Thursday, officials said.

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.

India working on small, factory-built N-reactors, nod for 10 under 'fleet mode'

India working on small, factory-built N-reactors, nod for 10 under 'fleet mode'

Rediff.com23 May 2023

India is working on new technologies such as the small modular reactors that can be factory-built and help make clean energy transition, Science and Technology Minister Jitendra Singh said in New Delhi.

Neighbourhood First At Modi's Swearing-In

Neighbourhood First At Modi's Swearing-In

Rediff.com9 Jun 2024

Engagement with neighbours is a strategic imperative, and not an option, asserts Rup Narayan Das.

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.