News for 'Office Spaces'

Room for many beliefs but conform to Constitution: SC

Room for many beliefs but conform to Constitution: SC

Rediff.com6 Dec 2024

The Supreme Court of India has ruled that individuals affiliated with political parties are not barred from contesting elections for bar bodies. The court dismissed a PIL seeking directions to prevent such candidates, arguing that a diverse range of ideologies is essential in a democracy and that there is no law prohibiting politically active individuals from participating in bar body elections.

Maharashtra govt becomes new owner of iconic Air India building

Maharashtra govt becomes new owner of iconic Air India building

Rediff.com14 Mar 2024

The Maharashtra government has become the owner of iconic Air India building with the Union government approving transfer of the asset on Thursday. The Maharashtra government bought the Air India building at Nariman Point in Mumbai for Rs 1,601 crore. "GoI has approved transfer of Air India building, Mumbai of AI Assets Holding Company Ltd (AIAHL) to Government of Maharashtra (GoM) at consideration of Rs.1601 cr. GoM has agreed to waive dues of Rs. 298.42 cr, which would have been otherwise payable by AIAHL to GoM for this transaction," DIPAM secretary Tuhin Kanta Pandey said in a post on X.

30 killed, 60 injured in stampede amid rush of pilgrims at Maha Kumbh

30 killed, 60 injured in stampede amid rush of pilgrims at Maha Kumbh

Rediff.com30 Jan 2025

At least 30 people were killed and 60 others injured in a pre-dawn stampede at the Sangam area of the Maha Kumbh early on Wednesday as crores of pilgrims jostled for space to take a holy dip on the occasion of one of the most auspicious days of Mauni Amavasya, officials said.

Full text: President Murmu's R-Day eve address to the nation

Full text: President Murmu's R-Day eve address to the nation

Rediff.com25 Jan 2025

'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'

Ruling or Oppn, parties can't block people's right of way: HC

Ruling or Oppn, parties can't block people's right of way: HC

Rediff.com12 Dec 2024

The Kerala High Court has criticized both the ruling front and the opposition in the state for holding public meetings that block public roads and footpaths. The court observed that the December 5 incident, where the CPI(M) held a conference outside the Vanchiyoor court complex in Thiruvananthapuram, was a "clear case of breach of trust" as the government holds the roads as a trustee of the people. The court has directed the police to submit a report by December 16 identifying those involved in the meeting, including those who attended and were seen on-stage in news reports. The court also pointed out that the stage for the meeting was constructed right on top of the pedestrian/zebra crossing, completely blocking the carriageway on one side of the road. This caused traffic snarls and inconvenienced pedestrians, including school children, infants, and elderly persons. The court said that provisions of the Bharatiya Nyaya Sanhita (BNS) and other laws, like the Motor Vehicles Act, would be applicable to the incident.

Cong, BJP spar over Manmohan Singh's funeral site

Cong, BJP spar over Manmohan Singh's funeral site

Rediff.com28 Dec 2024

The Congress on Saturday accused the Centre of insulting Dr Manmohan Singh, the country's first Sikh prime minister, by carrying out his last rites at the Nigambodh Ghat instead of a designated spot that could later become his memorial.

You did it your way, chief: Successor bids emotional farewell to CJI

You did it your way, chief: Successor bids emotional farewell to CJI

Rediff.com8 Nov 2024

Chief Justice of India-designate Sanjiv Khanna on Friday lauded CJI D Y Chandrachud for his "monumental" contribution, saying he worked on a mission to improve the apex court and pursued his goal of making it "a sanctuary of inclusivity", which was accessible to all.

Work space in high demand in India

Work space in high demand in India

Rediff.com25 Aug 2007

Over the years, Indian IT/ITeS companies have grown and so have multinationals which, after entering India 5-10 years ago, now want larger office spaces to consolidate their work into a single large building.

Zero Se Restart Review: Riveting

Zero Se Restart Review: Riveting

Rediff.com13 Dec 2024

Zero Se Restart is a must watch for cinema students, and also, perhaps for the layperson who has never been on a film set, and is curious about what goes into the making of a movie, recommends Deepa Gahlot.

Air India starts vacating offices from govt properties

Air India starts vacating offices from govt properties

Rediff.com9 Sep 2022

The Air India Group has started vacating its offices, which are currently being operated from government-owned properties, from this month, as part of its strategy to consolidate workspaces across the country. The loss-making Air India and its international budget arm Air India Express were taken over by the Tata Group on January 27 this year, after successfully winning the bid for the airline on October 8, last year. Besides these two airlines, Tata Group also holds a majority 51 per cent stake in Vistara, its joint venture airline with Singapore Airlines (SIA), and a 83.67 per cent stake in budget carrier, AirAsia India.

How is Tata Motors gearing up to face competition?

How is Tata Motors gearing up to face competition?

Rediff.com8 Jan 2025

Why is Shailesh Chandra, managing director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, not worried about the competition?

PVR Inox shares hit 44-month low; stock has tanked 23% from December high

PVR Inox shares hit 44-month low; stock has tanked 23% from December high

Rediff.com8 Jan 2025

PVR Inox shares hit a 44-month low of Rs 1,154, declining 8 per cent on the BSE in Tuesday's intra-day trade in an otherwise firm market, driven by growth concerns. The stock has slipped 23 per cent from its December high of Rs 1,620, touched on December 5, 2024. It has fallen below its previous low of Rs 1,203.7 from June 4, 2024, and is trading at its lowest level since May 2021.

Jimmy Carter, 39th US president, dies at 100

Jimmy Carter, 39th US president, dies at 100

Rediff.com30 Dec 2024

Jimmy Carter, the 39th US president and a champion of peace and human rights, has died at the age of 100. Carter, who was known for his work with the Carter Center, promoting democracy and conflict resolution, was also a close friend of India. He visited the country in 1978, forging a lasting relationship between the two nations.

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Rediff.com3 Feb 2025

The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.

E2W firms get serious about customer care support

E2W firms get serious about customer care support

Rediff.com10 Dec 2024

Players like Ola Electric, Ather Energy, Kinetic Green and BGauss are introducing premium services and infrastructure enhancements.

Skilling plan laudable, but needs clarity: Biz leaders

Skilling plan laudable, but needs clarity: Biz leaders

Rediff.com2 Aug 2024

While praising the internship scheme announced in the Budget, India Inc wants clarity on how it will be implemented. The scheme is expected to help companies address the skill gap in employment. Dheeraj Hinduja, chairman, auto major Ashok Leyland, said: "We had started an internship programme at our plant in Pantnagar, which we established in 2010 with colleges there.

Sedans Ready To Take On SUVs

Sedans Ready To Take On SUVs

Rediff.com12 Nov 2024

Sedans and hatchbacks have both lost market share to SUVs, which now account for more than 50% share of the 4 million-odd-unit PV market in the country.

Probe launched into racist insults during El Clasico

Probe launched into racist insults during El Clasico

Rediff.com27 Oct 2024

The Spanish Football Federation (RFEF) and LaLiga have taken steps to tackle an increase in racist abuse with measures including partial stadium closures.

SEE: Tiranga flutters at edge of space

SEE: Tiranga flutters at edge of space

Rediff.com15 Aug 2022

The payload sent into the upper reaches of the atmosphere were recovered after it splashed into the sea.

Fuelled by demand in southern markets, office leasing rises

Fuelled by demand in southern markets, office leasing rises

Rediff.com6 Oct 2020

The Q3 office rebound growth was led by Bengaluru and Hyderabad, which together accounted for nearly 80 per cent of the net absorption in Q3.

'India can secure release of naval officers'

'India can secure release of naval officers'

Rediff.com2 Nov 2023

'There is a view that there is a Pakistan angle to this.' 'Pakistan has a large presence in Qatar and would want India to be blacklisted.'

Sebi's 2024 review: Push for reforms continued despite controversies

Sebi's 2024 review: Push for reforms continued despite controversies

Rediff.com31 Dec 2024

In 2024, the Securities and Exchange Board of India (Sebi) implemented significant reforms, focusing on cooling down the derivatives segment, enhancing transparency and accountability in small and midsised enterprise (SME) listings, and deepening the fund management ecosystem.

Bollywood's FIRE POWER

Bollywood's FIRE POWER

Rediff.com25 Nov 2024

Bollywood doesn't need fire-breathing dragons when it has Bhai.

The ambitious plans of Flipkart-backed super.money

The ambitious plans of Flipkart-backed super.money

Rediff.com17 Dec 2024

Flipkart-backed super.money is on an expansion spree and plans to expand its range of offerings in credit and wealth management after launching its operations in July this year. The Bengaluru-based fintech company is on track to roll out credit products such as credit on Unified Payments Interface (UPI), unsecured credit cards, and personal loans within the first half of the next calendar year (2025).

Office lease records 10-quarter high, Bengaluru No.1

Office lease records 10-quarter high, Bengaluru No.1

Rediff.com19 Oct 2016

The office space absorption in seven cities, Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad and Pune, rose 14 per cent during the July-September quarter compared with the year-ago period.

FACE's ambitious goal: Uniting 75% fintech players

FACE's ambitious goal: Uniting 75% fintech players

Rediff.com27 Nov 2024

The Fintech Association for Consumer Empowerment (FACE), the only self-regulatory organisation for financial technology/fintech (SRO-FT) companies, is aiming to secure membership from at least 75 per cent of players across all key fintech categories within the next three years, according to a senior executive. The total number of members in the organisation has increased to 110, up from around 60 when it received approval from the Reserve Bank of India (RBI) to operate as an SRO-FT in August.

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.

Jet employees' plea against sale of Bandra Kurla office dismissed

Jet employees' plea against sale of Bandra Kurla office dismissed

Rediff.com14 Feb 2022

The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed the petition filed by an employee association of debt-ridden Jet Airways, challenging the sale of two floors of office space in Mumbai's business district of Bandra Kurla during the insolvency process of the grounded carrier. Jet Aircraft Maintenance Engineers Welfare Association (JAMEWA had challenged the orders passed by the Mumbai bench of the National Company Law Tribunal (NCLT) on June 11, 2021, allowing the sale of the office space for Rs 490 crore. The association had contended that the sale of BKC property, was not permissible under the Insolvency & Bankruptcy Code (IBC) as a moratorium was declared over the assets of the company after an order dated June 20, 2019.

Urban Realtors Ride Redevelopment Bandwagon

Urban Realtors Ride Redevelopment Bandwagon

Rediff.com8 Oct 2024

15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.

Startups Funding On Path To Recovery

Startups Funding On Path To Recovery

Rediff.com28 Nov 2024

Investors attribute the revival to the country's strong public markets, which are boosting confidence in initial public offering (IPO)-bound startups offering viable exit opportunities.

Over 40% of Sedans Are CNG-Powered

Over 40% of Sedans Are CNG-Powered

Rediff.com25 Nov 2024

Compact sedans (Maruti Dzire, Hyundai Aura, Tata Tigor)' share in the overall sedan category grew from 68% in 2021 to 74.6% in 2024. Mid-sedans' (Honda City, Maruti Ciaz, Volkswagen Virtus) share declined from 26.2% in 2021 to 20.2%.

China says Musk's SpaceX satellites had 2 close encounters with its space station

China says Musk's SpaceX satellites had 2 close encounters with its space station

Rediff.com28 Dec 2021

China on Tuesday alleged that US billionaire Elon Musk-owned SpaceX's satellites had two 'close encounters' with its space station in orbit, and has complained to the United Nations about the incidents which endangered the safety of the Chinese astronauts.

Bhool Bhulaiyaa 3 Or Singham Again: Who Will Win?

Bhool Bhulaiyaa 3 Or Singham Again: Who Will Win?

Rediff.com28 Oct 2024

In terms of the opening day, Rohit Shetty's film may take the lead since he has assembled a big star cast and each one will bring their own fanbase. On the other hand, the Kartik Aaryan-starrer will entice an audience of its own, since, as a franchise, Bhool Bhulaiyaa has done quite well.

Dune: Prophecy Review: Pale Addition to Dune Universe

Dune: Prophecy Review: Pale Addition to Dune Universe

Rediff.com19 Nov 2024

Dune: Prophecy feels like a moneygrab opportunity meant to capitalise on what's already popular, observes Mayur Sanap.

Google's Willow milestone may revolutionise AI, quantum computing

Google's Willow milestone may revolutionise AI, quantum computing

Rediff.com12 Dec 2024

With Google announcing the milestone of Willow - a state-of-the-art quantum computing chip that can solve complex problems in under five minutes, a computation so complex it would have taken a supercomputer around 10 septillion (10^25) years to complete - tech experts believe this breakthrough could impact artificial intelligence (AI), particularly by making it more accessible to the masses. However, industry players caution that it may take several years for this innovation to become commercially viable.

Pixxel Gets An Order From NASA

Pixxel Gets An Order From NASA

Rediff.com10 Sep 2024

This is the first deal by an Indian startup after the sector was opened to private companies in 2020.

PE deal value in Indian real estate down 30% from 2019-20: Anarock

PE deal value in Indian real estate down 30% from 2019-20: Anarock

Rediff.com17 Apr 2024

The aggregate value of private equity (PE) deals in Indian real estate has declined nearly 30 per cent to $3.6 billion in 2023-24 (FY24) as compared to $5.1 billion in FY20, according to a report released on Monday.

LOC issued against Briton among 6 in Rs 7K cr Delhi cocaine haul

LOC issued against Briton among 6 in Rs 7K cr Delhi cocaine haul

Rediff.com11 Oct 2024

According to police sources, the UK national, Savinder Singh, came to India last moth to supervise the transportation and delivery of the 208-kg consignment suspected to have been brought from South American countries.

Reits seek 'equity' label, option to take loan from banks

Reits seek 'equity' label, option to take loan from banks

Rediff.com28 Mar 2024

Real estate investment trusts (Reits) are in talks with regulatory bodies - the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) - to seek changes in regulations that will allow easier access to capital. The Indian Reits Association (IRA) said it has approached the market regulator seeking to get classified as an 'equity' asset, which will open the path for their inclusion in equity indices and also make investment by mutual funds (MFs) easier. The association is also in active discussions with the RBI to allow banks to lend to a Reit.

Maruti, Hyundai report muted sales in October

Maruti, Hyundai report muted sales in October

Rediff.com1 Nov 2024

Auto majors Maruti Suzuki India and Hyundai reported muted sales performance in October as the companies curtailed dispatches to dealers in order to cut inventory build up.