News for 'North America'

Is It Thumbs Up For Kamala?

Is It Thumbs Up For Kamala?

Rediff.com5 Nov 2024

Glimpses of Democratic presidential nominee Kamala Devi Harris at her final campaign rally at Muhlenberg College in Allentown, Pennsylvania, November 4, 2024.

Desi Cheers For Trump!

Desi Cheers For Trump!

Rediff.com6 Nov 2024

Trump looks like he will be America's next president while yet again the country seems to have rejected a woman candidate...

Forest rights activist Alok Shukla gets 'Green Nobel'

Forest rights activist Alok Shukla gets 'Green Nobel'

Rediff.com30 Apr 2024

Forest and tribal rights activist Alok Shukla will on Friday receive the prestigious Goldman Environmental Prize -- 2024 for successfully leading a community campaign that saved 4.45 lakh acres of biodiversity-rich forests from 21 planned coal mines in Chhattisgarh.

Total Solar Eclipse: Breathtaking Scenes

Total Solar Eclipse: Breathtaking Scenes

Rediff.com9 Apr 2024

On Monday, April 8, 2024, millions across parts of Mexico, Canada and the United States watched the rare total solar eclipse.

'India Needs More Than 2 Airlines'

'India Needs More Than 2 Airlines'

Rediff.com6 Aug 2024

'Just look at China: They have five or six major airlines and some smaller ones.'

Near-term headwinds may delay UPL recovery

Near-term headwinds may delay UPL recovery

Rediff.com23 Nov 2023

UPL, the country's largest agrochemical company, had a weak July-September quarter (Q2), reporting a sharp fall in revenues across geographies. Overall, the revenues were down 19 per cent on the back of lower agrochemical prices and inventory destocking. While the overall volumes were down 7 per cent, prices fell by 15 per cent. Volume decline in the European market was on the back of high channel inventory and product bans while in India the fall by 27 per cent was on account of muted demand for segments such as cotton and pulses.

Cognizant Tech to acquire Belcan for $1.3 bn in cash and stock

Cognizant Tech to acquire Belcan for $1.3 bn in cash and stock

Rediff.com11 Jun 2024

Nasdaq-listed Cognizant Technology Solutions has signed a definitive agreement to acquire global engineering company Belcan for about $1.3 billion (Rs 10,853.7 crore) in cash and stock. The transaction is expected to close in the September quarter. The total consideration includes $1.19 billion (Rs 9,935.31 crore) in cash and 1.47 million Cognizant shares, valued at $97 million (Rs 809.53 crore) based on the information technology services provider's closing share price on June 7, 2024.

What Happens If Donald J Trump Wins?

What Happens If Donald J Trump Wins?

Rediff.com31 Oct 2024

Showing total disregard for the US constitution, Trump has said that this could be the last election to be held in the country. A Trump presidency could lead to mass deportation of undocumented migrants and harsh family separation, warns Aseem Chhabra.

Infosys Q1 net profit rises 7%, hikes FY25 growth outlook

Infosys Q1 net profit rises 7%, hikes FY25 growth outlook

Rediff.com18 Jul 2024

IT major Infosys Ltd on Thursday reported a 7 per cent rise in first quarter net profit and raised its growth outlook for the current financial year. The consolidated net profit of Infosys increased to Rs 6,368 crore in the April-June quarter, compared to Rs 5,945 crore in the same period a year back, according to a stock exchange filing by the company.

'Aionos will bridge silos within aviation, hospitality using AI'

'Aionos will bridge silos within aviation, hospitality using AI'

Rediff.com24 Apr 2024

Industries such as aviation and hospitality have many silos within them and Aionos, the joint venture between Interglobe Enterprises (IGE) and Assago Group, is an attempt to bridge them and boost efficiencies using artificial intelligence (AI) solutions, Rahul Bhatia told Business Standard on Tuesday. Bhatia, the Group Managing Director of IGE, serves as the majority shareholder in India's largest airline, IndiGo. Additionally, IGE operates 21 hotels under the Ibis brand and runs a logistics company called Movin.

'86% executives using AI to boost revenue'

'86% executives using AI to boost revenue'

Rediff.com16 May 2024

As many as 86 per cent of senior business executives have deployed artificial intelligence (AI) to enhance revenue streams or create new ones, said a report by Tata Consultancy Services (TCS) on Wednesday. As many as 69 per cent of businesses are more focused on using AI for innovation and increasing revenue than on improving productivity and optimising cost, said the 'TCS AI for Business Study'.

2025: Top 10 Stocks To Watch Out

2025: Top 10 Stocks To Watch Out

Rediff.com2 Jan 2025

These 10 stocks represent the best mix of value and growth, offering relatively low price-to-earnings and price-to-book ratios, a high return on equity, and sufficiently high potential from current levels.

US Open 2023: Dates, schedule, seeds and how to watch on TV

US Open 2023: Dates, schedule, seeds and how to watch on TV

Rediff.com23 Aug 2023

This year's US Open runs from Aug. 28-Sept. 10.

100 Indian Elephants March To New York

100 Indian Elephants March To New York

Rediff.com5 Sep 2024

Why is the Big Apple welcoming our pachyderms? And how is India teaching the world about living with wildlife?

TRUMP ELECTED 47TH PRESIDENT OF THE USA

TRUMP ELECTED 47TH PRESIDENT OF THE USA

Rediff.com7 Nov 2024

Former United States President Donald Trump on Wednesday is cruising towards winning the race for the White House in one of the greatest political comebacks in American history by almost defeating his Democratic rival Kamala Harris in an election that virtually divided the country into two camps.

Call them back to office, they'll quit: Musk-Vivek's bold plan

Call them back to office, they'll quit: Musk-Vivek's bold plan

Rediff.com21 Nov 2024

Tesla owner billionaire Elon Musk and Indian American entrepreneur Vivek Ramaswamy in an op-ed provided an insight into their blueprint for an unprecedented government reform that includes mass federal job cuts and massive expense reduction.

North Korea tests missile in face of US warnings

North Korea tests missile in face of US warnings

Rediff.com29 Apr 2017

Earlier, United States Secretary of State Rex Tillerson urged the international community to increase pressure on North Korea, saying that failing to do so would bring 'catastrophic consequences'.

2024: Top 10 International Films

2024: Top 10 International Films

Rediff.com7 Dec 2024

Aseem Chhabra lists his favourite 2024 films that he watched at film festivals held in Berlin, Cannes, Toronto and India.

India's manufacturing growth in Dec sinks to 18-month low

India's manufacturing growth in Dec sinks to 18-month low

Rediff.com3 Jan 2024

India's manufacturing sector growth fell to 18-month low in December amid softer increase in factory orders and output, despite minimal inflation, a monthly survey said on Wednesday. The HSBC India Manufacturing PMI survey, conducted by S&P Global, showed that there were softer, albeit sharp, increase in factory orders and output, while business confidence towards the year-ahead outlook strengthened. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 56 in November to an 18-month low of 54.9 in December.

Messi completes signing for Beckham's Inter Miami

Messi completes signing for Beckham's Inter Miami

Rediff.com16 Jul 2023

Argentine great Lionel Messi has completed his signing for Inter Miami on a deal that will keep him in Florida until 2025.

Close shave between Russian fighter jet and US F-16

Close shave between Russian fighter jet and US F-16

Rediff.com1 Oct 2024

Military officials released new video on Monday of a close encounter between a Russian fighter jet and a US Air Force F-16 interceptor near Alaska, Associated Press has reported.

5 killed, including police officer, in shooting in US state of North Carolina

5 killed, including police officer, in shooting in US state of North Carolina

Rediff.com14 Oct 2022

"This is a sad and tragic day for the city of Raleigh," city Mayor Mary-Ann Baldwin said.

UK's biggest aircraft carrier breaks down on way to US

UK's biggest aircraft carrier breaks down on way to US

Rediff.com29 Aug 2022

The United Kingdom's biggest aircraft carrier, HMS Prince of Wales, has broken down off the south coast of England after setting sail from Portsmouth Naval Base for the United States on what the Royal Navy has described as a 'landmark' aviation trial mission.

'One of us': A R Rahman dedicates song to 'Kamala ji'

'One of us': A R Rahman dedicates song to 'Kamala ji'

Rediff.com14 Oct 2024

Vice President Kamala Harris' White House bid gets a boost from legendary Indian music composer A R Rahman, who has come out in support of her 'vision for an equitable world', and recording some of his popular songs like 'Jai Ho' to inspire Indian American voters.

Understand Russian feeling; will acquire Canada: Trump's big remarks

Understand Russian feeling; will acquire Canada: Trump's big remarks

Rediff.com8 Jan 2025

United States President-elect Donald Trump on Tuesday said that he understands the Russian feeling with NATO (North Atlantic Treaty Organisation) being on their doorstep.

TCS says IT cos not yet out of woods; Q2 net profit up 9%

TCS says IT cos not yet out of woods; Q2 net profit up 9%

Rediff.com11 Oct 2023

The country's largest software company Tata Consultancy Services (TCS) on Wednesday said its net profit increased 8.7 per cent year-on-year to Rs 11,342 crore in the September 2023 quarter. The Tata Group flagship had reported a net profit of Rs 10,431 crore in the year-ago period.

LTIMindtree misses revenue, profit estimates

LTIMindtree misses revenue, profit estimates

Rediff.com25 Apr 2024

IT services major LTIMindtree reported a net profit of Rs 1,100 crore for the fourth quarter of financial year 2023-24 (FY24), down 1.2 per cent year-on-year (Y-o-Y) from Rs 1,141 crore in the same quarter last financial year. Revenue grew 2.3 per cent Y-o-Y for the fourth quarter to Rs 8,892.9 crore. Sequentially, revenue was down 1.4 per cent.

Donald Trump is unstable: Kamala's unprecedented attack

Donald Trump is unstable: Kamala's unprecedented attack

Rediff.com1 Nov 2024

Former President Donald Trump is becoming increasingly unstable, obsessed with revenge and is out for unchecked power, Vice President Kamala Harris said on Friday in an unprecedented attack on her Republican rival ahead of next week's election.

Date set for Messi's Inter Miami debut!

Date set for Messi's Inter Miami debut!

Rediff.com20 Jun 2023

Lionel Messi is set to play his first game for Inter Miami on July 21 when the Major League Soccer side host Mexico's Cruz Azul in their Leagues Cup opener.

Canadian action will impact ties: Ex-RAW chief

Canadian action will impact ties: Ex-RAW chief

Rediff.com19 Sep 2023

Former Research and Analysis Wing (RAW) chief A S Dulat Tuesday said Canada expelling an Indian diplomat after claiming that New Delhi was potentially linked to the killing of a Khalistani extremist will have a bearing on bilateral relations.

'Depending on the product, the pricing pressure will always be there'

'Depending on the product, the pricing pressure will always be there'

Rediff.com3 Jun 2024

'That is a significant milestone for us and something we aspired for.'

TCS Q4 review: Near-term growth to moderate, demand levers intact

TCS Q4 review: Near-term growth to moderate, demand levers intact

Rediff.com21 Apr 2023

The impact of the banking crisis in the US was visible in IT bellwether Tata Consultancy Services' (TCS) weak performance in the March quarter of fiscal 2023 (Q4FY23). The firm witnessed slower revenue growth in Q4FY23 and failed to meet its FY23 exit Ebit margin of 25 per cent as some clients, especially in the North American region, took to pausing projects and rising onsite costs offset utilisation gains. Sequentially, the company's revenue grew by just 0.6 per cent on a constant currency basis, which was one of the slowest paces in over 11 quarters.

'If You Want To Invest Directly, Ensure...'

'If You Want To Invest Directly, Ensure...'

Rediff.com27 Aug 2024

'...you evaluate three key factors before committing your money.'

Mahatma Carter

Mahatma Carter

Rediff.com9 Jan 2025

Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.

Has correlation between Nifty IT index and NASDAQ ended?

Has correlation between Nifty IT index and NASDAQ ended?

Rediff.com26 May 2023

Back home, the Nifty IT index - a gauge of the performance of the IT stocks on the National Stock Exchange (NSE) that has closely mirrored the performance of NASDAQ over the past few years - has lost nearly 2 per cent in CY23.

LIC is world's fourth-largest insurer: S&P Global

LIC is world's fourth-largest insurer: S&P Global

Rediff.com6 Dec 2023

Insurance behemoth Life Insurance Corporation of India (LIC) is the fourth largest insurer in the world, according to a ranking based on life and accident & health reserves of companies in 2022 by S&P Global Market Intelligence. The state-owned insurer is ranked after Allianz SE, China Life Insurance Company, and Nippon Life Insurance Company. According to the report, LIC's reserves stood at $503.7 billion. Germany's Allianz SE ($750.20 billion), China Life Insurance Company ($616.90 billion) and Nippon Life Insurance Company ($536.80 billion) are the top three insurance companies in the world.

TCS Q3 net profit grows 11% to Rs 10,846 cr; revenue jumps over 19%

TCS Q3 net profit grows 11% to Rs 10,846 cr; revenue jumps over 19%

Rediff.com9 Jan 2023

The country's largest IT services exporter TCS on Monday reported an 11 per cent jump in the December quarter net profit to Rs 10,846 crore, led by overall growth and forex gains. The Tata group company had reported a post-tax net profit of Rs 9,769 crore in the year-ago period. Overall revenue grew 19.1 per cent to Rs 58,229 crore for the reporting quarter from Rs 48,885 crore in the year-ago period, the company said, adding in constant currency, the topline growth is 13.5 per cent, and in the dollar terms, it clipped at 8 per cent.

I Didn't Expect Kamala Harris To Be The Nominee So Easily

I Didn't Expect Kamala Harris To Be The Nominee So Easily

Rediff.com22 Jul 2024

'She's been a terrific advocate for women's rights in recent months and her prosecutor's background will really help her challenge Trump in a forceful way that Biden could not,' notes Sree Sreenivasan.

Weak guidance, muted sentiment to weigh on near term IT outlook

Weak guidance, muted sentiment to weigh on near term IT outlook

Rediff.com25 Apr 2023

The two IT majors -- Infosys and TCS -- delivered disappointing results for the fourth quarter of the 2022-23 financial year (Q4FY23). Poor macro conditions and weak sentiment in the banking, financial services and insurance (BFSI) space accounted for the miss. For TCS, revenue in constant currency (CC) terms grew at 0.6 per cent on a quarter-on-quarter (QoQ) basis. Weakness was visible in North America, primarily due to deferred discretionary spending.

India Inc earns 72% of revenue from the domestic market: Morgan Stanley

India Inc earns 72% of revenue from the domestic market: Morgan Stanley

Rediff.com16 Jun 2021

72 per cent of the revenue of Indian firms (India Inc) is derived from the domestic / home market - the sixth highest in percentage terms in the emerging market (EM) and the Asian region, said a recent report by Morgan Stanley. The balance, according to the report titled 'Global Exposure Guide 2021' co-authored by analysts led by Jonathan F Garner, their chief Asia and emerging market strategist, is split between the developed markets (DMs) and other EMs. The report is based on an analysis of 3,300 companies globally that have revenue exposure in 17 different regions.