News for 'Organisation of the Market'

Vijay 69 Review: Bland

Vijay 69 Review: Bland

Rediff.com8 Nov 2024

It's too bad Viijay 69 does not let the viewer feel Anupam Kher's despair or his triumph. The most forgettable 'zero to hero' films at least managed that much, notes Deepa Gahlot.

LIC earmarks Rs 600 crore for digital shift; to be 'paperless' in 2 years

LIC earmarks Rs 600 crore for digital shift; to be 'paperless' in 2 years

Rediff.com19 Sep 2024

State-run Life Insurance Corporation of India (LIC) has committed Rs 600 crore for its digital transformation journey, Sunder Krishnan, chief risk officer said on Wednesday. The insurance giant is also aiming to become completely "paperless" in two years. "We have hired a large system integrator for more than Rs 400 crore, a consultant for digital transformation for Rs 100 crore, and Rs 100 crore for agency transformation.

How Much Do Indians Spend On Weddings?

How Much Do Indians Spend On Weddings?

Rediff.com22 Jul 2024

An average Indian couple spends around 2x on weddings versus education (pre-primary to graduation).

How Ratan Tata reacted when govt picked BMW bullet-proof cars over TaMo

How Ratan Tata reacted when govt picked BMW bullet-proof cars over TaMo

Rediff.com10 Oct 2024

On another occasion, he recalled, as part of the SPG, he was tasked with the security of the then prime minister Manmohan Singh and assigned the responsibility of escorting Tata from Taj Mansingh Hotel in New Delhi.

L&T eyes up to Rs 40K cr in pre-sales from realty business

L&T eyes up to Rs 40K cr in pre-sales from realty business

Rediff.com7 Oct 2024

Buoyed by regulatory overhaul and infrastructure boom, engineering conglomerate Larsen & Toubro (L&T) has identified realty business as one of its growth engines for the next 10 years and plans to acquire land parcels while expanding pre-sales, said a senior company executive. L&T Realty has started looking out to acquire land parcels and grab partnership development opportunities across markets to scale up its business. "We are making some strides in that direction, albeit cautiously.

Should You Avoid High-Cost Funds?

Should You Avoid High-Cost Funds?

Rediff.com12 Nov 2024

Investors should match their investment horizon with the fund's portfolio duration.

Lionel Messi and Argentina to play in Kerala next year!

Lionel Messi and Argentina to play in Kerala next year!

Rediff.com20 Nov 2024

The Kerala government announced on Wednesday that the Argentina national football team, led by legendary player Lionel Messi, will visit the state next year for an international friendly match, which Chief Minister Pinarayi Vijayan hailed as a tribute to state people's passion for soccer.

COP29: India, developing world face EU resistance to climate finance

COP29: India, developing world face EU resistance to climate finance

Rediff.com19 Nov 2024

Talks on global climate finance virtually ground to a halt last week at COP29, the annual United Nations (UN) Climate Change event in Baku, Azerbaijan, as the developed world, led by the European Union (EU), and developing countries including India, Brazil, South Africa, and a clutch of island nations and African countries faced a wide chasm between their expectations. This has raised doubts about whether an agreement can be reached this week or whether talks will spill over to COP30, to be held next year in Benem, Brazil.

Disengagement likely to smoothen bilateral ties: Chinese envoy

Disengagement likely to smoothen bilateral ties: Chinese envoy

Rediff.com30 Oct 2024

Chinese ambassador to India, Xu Feihong, on Wednesday expressed hope that the recently completed Indo-China border disengagement in Eastern Ladakh would smoothen relations and pave the way for a better understanding between the two neighbours in the days ahead.

Union Budget 2024-25: MSMEs bat for Rs 5,000 crore export booster

Union Budget 2024-25: MSMEs bat for Rs 5,000 crore export booster

Rediff.com3 Jul 2024

India SME Forum, an organisation for small and medium businesses, has called for creating a dedicated fund of Rs 5000 crore for the export capacity development, promotion, and marketing of Micro, Small & Medium Enterprises (MSMEs) in its Budget recommendation. The forum for MSMEs with over 98,000 members said that to enhance India's global competitiveness and increase its market share in global exports, it was "crucial to increase the number of active exporters and enable at least 3-4 lakh first-time micro, small, and medium exporters while supporting them in promoting Indian products globally."

Dahi Handi: Insurers Cover 90,000+ Govindas

Dahi Handi: Insurers Cover 90,000+ Govindas

Rediff.com26 Aug 2024

'As on August 25, 94,753 Govindas have been insured.' 'This number is expected to rise further, as proposals for 5,000 to 8,000 Govindas are received daily.'

'I Quit My Job Because I Was Miserable'

'I Quit My Job Because I Was Miserable'

Rediff.com7 Oct 2024

Delhi-based Shubham Chakraborty, 32, a management graduate from XLRI, Jamshedpur, tells us how he fought anxiety and stress due to poor workplace management.

How a full-blown Iran-Israel war may hurt India's trade

How a full-blown Iran-Israel war may hurt India's trade

Rediff.com2 Oct 2024

The escalation of conflict in the West Asian region is expected to push already high logistics costs besides hurting trade in sectors such as oil, electronics and agriculture, according to exporters. They said that insurance costs for exports to the countries directly involved in the war could also go up, which will impact Indian exporters' working capital. Think tank Global Trade Research Initiative (GTRI) stated that the conflict is already hurting India's trade with countries like Israel, Jordan, and Lebanon.

Why I Mourn Sitaram Yechury

Why I Mourn Sitaram Yechury

Rediff.com21 Sep 2024

There are few leaders in the Opposition line up who can claim a path to party leadership like Sitaram Yechury and certainly, very few who blended that ascent through student politics with awareness about non-elite real India, urban India and liberal politics, as he did, notes Shyam G Menon.

Israel-Palestine war: Markets not pricing in an escalation, says Chris Wood

Israel-Palestine war: Markets not pricing in an escalation, says Chris Wood

Rediff.com28 Oct 2023

Global financial markets are not yet fully factoring in any escalation in the Israel-Palestine geopolitical conflict, said Christopher Wood, global head of equity strategy at Jefferies in his latest weekly note to investors, GREED & fear. The pertinent point about ongoing events in West Asia from a financial market perspective, according to him, is that, despite much talk about a pending ground invasion of Gaza, no such invasion has yet happened. "This is beginning to make GREED & fear wonder if it is ever going to happen.

Beware The American Deep State

Beware The American Deep State

Rediff.com11 Dec 2024

Do not underestimate the ingenuity of the Deep State in America to have its way. Keeping the guard down will be a catastrophic mistake on the part of the Delhi establishment. We could get hit when least expected. That's what happened in Bangladesh and Syria, warns Ambassador M K Bhadrakumar.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

Fresh Youth Hiring Surged In April-May

Fresh Youth Hiring Surged In April-May

Rediff.com22 Jul 2024

'This year overall hiring has seen a slight improvement as compared to the dip seen during the last financial year.'

Vistara-Air India merger: How these two distinct brands will blend

Vistara-Air India merger: How these two distinct brands will blend

Rediff.com4 Nov 2024

In about a fortnight, Vistara - known for its premium service - will take off on its final flight before merging into the legacy of Air India. Set for November 12, the merger has sparked discussions on how these two distinct brands will blend.

Wife of man shot dead while returning home sues Sheikh Hasina

Wife of man shot dead while returning home sues Sheikh Hasina

Rediff.com19 Aug 2024

A new murder case has been filed against Bangladesh's deposed prime minister Sheikh Hasina and 62 others, including ex-ministers of her cabinet, over the death of a fish trader during the quota reform protests in the country, a media report said on Monday.

10 Skills That Matter At Job Interviews

10 Skills That Matter At Job Interviews

Rediff.com12 Jul 2024

Employers seek individuals who can prioritise tasks, solve problems, and work within deadlines, notes Ankit Aggarwal, founder and CEO, Unstop.

Indian food services sector to grow by 8.1% from 2024 to 2028: Report

Indian food services sector to grow by 8.1% from 2024 to 2028: Report

Rediff.com10 Jul 2024

Indian food services sector is expected to grow at a CAGR (compounded annual growth rate) of 8.1 per cent between 2024 and 2028 on the back of rapid urbanisation, robust GDP growth, a rising younger population, and greater exposure among consumers, said a new report. The India Food Services Report-2024, brought out by the National Restaurants Association of India (NRAI), states that the sector contributes 1.9 per cent to India's GDP and is projected to grow to Rs 7.76 trillion by 2028 from Rs 5.69 trillion currently.

LIC eyes less than 50% stake in standalone health insurance company

LIC eyes less than 50% stake in standalone health insurance company

Rediff.com4 Oct 2024

State-owned Life Insurance Corporation (LIC) is not keen on a composite license but it is looking to buy less than 50 per cent stake in a standalone health insurance company to enter the health insurance segment such that they have a say in the management of the company, without having to run the company, sources in the know said. "LIC doesn't need a composite licence. "Even if it is introduced, they will not opt for it.

Polls won't solve Kashmir issue, need dialogue: Hurriyat chairman

Polls won't solve Kashmir issue, need dialogue: Hurriyat chairman

Rediff.com4 Oct 2024

Delivering the sermon, he said election and "resolution of the Kashmir issue" were two different things.

Fresh violence in Manipur, shutdown disrupts life

Fresh violence in Manipur, shutdown disrupts life

Rediff.com28 Sep 2024

The shutdown was called by Kuki-Zo groups, including the Indigenous Tribal Leaders Forum (ITLF) and Kuki Students Organisation (KSO), in protest against Security Advisor Kuldiep Singh's statement about militants entering the state from outside.

Pharma companies fight fakes with smart packaging

Pharma companies fight fakes with smart packaging

Rediff.com10 Oct 2024

Indian pharmaceutical companies are stepping up their efforts to combat the problem of counterfeit drugs, employing a variety of strategies, from packaging innovations to engaging private investigation agencies. The stakes are high, as counterfeit medicines not only harm consumers but also tarnish the reputation of leading brands.

Coldplay Concert Controversy: Cases Filed

Coldplay Concert Controversy: Cases Filed

Rediff.com25 Sep 2024

'We have filed a complaint with the police authorities.'

Manipur: Kukis hold rallies to demand separate administration

Manipur: Kukis hold rallies to demand separate administration

Rediff.com31 Aug 2024

People belonging to the Kuki-Zo community on Saturday took out three rallies in parts of Manipur to press their demand for a separate administration and protested against the viral audio clips allegedly of Chief Minister N Biren Singh, in which certain objectionable comments were made.

Kamal@70: The Motto He Believes In

Kamal@70: The Motto He Believes In

Rediff.com7 Nov 2024

'Kamal has surfed and navigated a lot of tidal waves, manoeuvring the peaks and troughs, combining rare intelligence and commonly available intuitions to overcome unimaginable crises all his life.' 'There is no looking back at the past, for his only motto has been 'Tomorrow belongs to us'!'

Bharat Bandh hits life in Bihar, J'hand, tribal belts

Bharat Bandh hits life in Bihar, J'hand, tribal belts

Rediff.com21 Aug 2024

The response was tepid in other parts of the country even as several INDIA bloc parties as well as other non-BJP outfits extended their support to the bandh.

AI Can't Be Left To Techies!

AI Can't Be Left To Techies!

Rediff.com5 Oct 2024

Here is the Brahma Mantra for mankind. So long as the world has leaders with judgement -- humane, compassionate, and no-nonsense in their thinking -- natural intelligence will prevail, notes R Gopalakrishnan.

30% of GenAI Projects May Fail By 2025

30% of GenAI Projects May Fail By 2025

Rediff.com30 Jul 2024

'Historically, many chief financial officers have not been comfortable with investing today for indirect value in the future.' 'This reluctance can skew investment allocation to tactical versus strategic outcomes.'

No timeline on Ukraine war, says Putin; appreciates Modi

No timeline on Ukraine war, says Putin; appreciates Modi

Rediff.com19 Oct 2024

Putin said that the Indian leader had "aptly" noted that it is "not an anti-western one but a non-western one".

Putin invites Palestine Prez Abbas to BRICS summit; Modi to attend

Putin invites Palestine Prez Abbas to BRICS summit; Modi to attend

Rediff.com19 Oct 2024

Putin expressed concern over the situation in Gaza, and said Palestinian President Mahmoud Abbas has been invited to BRICS events.

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

Rediff.com9 Feb 2024

In a bid to enhance its equity exposure and earn higher returns for its nearly 65 million subscribers, the Employees' Provident Fund Organisation (EPFO) is considering reinvesting 50 per cent of its exchange-traded funds (ETFs) redemption proceeds back into equity. Sources close to the development said a proposal regarding this was discussed in the investment committee (IC) meeting in October last year, and the recommendation has been sent to the Central Board of Trustees (CBT), the apex decision-making body of the EPFO for its approval. The next CBT meeting is scheduled to be held on Saturday.

After Shimla, Hindu groups protest against Mandi mosque

After Shimla, Hindu groups protest against Mandi mosque

Rediff.com13 Sep 2024

"PWD officials had informed us that a wall of the mosque was in PWD land and we were served a notice. So we decided to demolish the wall," Iqbal Ali, a member of the mosque committee, said earlier.

Specialised skills to drive 20-25% growth in IT fresher hiring

Specialised skills to drive 20-25% growth in IT fresher hiring

Rediff.com17 Oct 2024

Fresher hiring, which has been subdued as Indian information technology (IT) services firms scaled back their recruitment, is set for a turnaround. The IT sector's fresher hiring is expected to rise by 20-25 per cent for 2024-25 (FY25). Additionally, the global capability centres are projected to boost their fresher hiring by 40 per cent compared to last year, according to a TeamLease Digital analysis.

After UPI and ULI, banks to set up Unified Recovery Interface

After UPI and ULI, banks to set up Unified Recovery Interface

Rediff.com9 Sep 2024

Eying benefits from digital banking, lenders are now looking at building Unified Recovery Interface (URI) for enhancing efficiency, reducing costs, and getting good prices for properties of defaulters. This would be managed by PSB Alliance Ltd, a company set up by all public sector banks in the country. M V Rao, chairman, Indian Banks' Association (IBA), said: "Till now we had Unified Payments Interface (UPI), a product developed by National Payments Corporation Ltd (NPCI).

IT Freshers, What You Need To KNOW

IT Freshers, What You Need To KNOW

Rediff.com17 Oct 2024

The IT sector's fresher hiring is expected to rise by 20% to 25% for 2024-2025. The increase in hiring is driven by a focus on specialised skills catering to segments like AI, machine learning and data analytics.

How FarmDidi Is Changing Lives

How FarmDidi Is Changing Lives

Rediff.com20 Sep 2024

Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.