News for 'Rediff Archives'

With Rs 11.6 lakh cr wealth, Adani replaces Ambani as India's richest

With Rs 11.6 lakh cr wealth, Adani replaces Ambani as India's richest

Rediff.com29 Aug 2024

Recouping the dent caused by the Hindenburg Research report, Gautam Adani's networth shot up 95 per cent to Rs 11.6 lakh crore last year, which helped him replace Mukesh Ambani to become the richest Indian, a report said on Thursday. Reliance Industries chairman and managing director Ambani's overall networth increased by 25 per cent to Rs 10.14 lakh crore, as per the 2024 Hurun India Rich List. In 2023's report, Adani's wealth declined by 57 per cent to Rs 4.74 lakh crore, and Ambani was way ahead with a fortune of Rs 8.08 lakh crore.

Buttler, Curran back ECB for pulling players out of IPL

Buttler, Curran back ECB for pulling players out of IPL

Rediff.com21 May 2024

England players returned home even before the completion of the IPL's league stage on Sunday.

Buchanan on key to India winning the Border-Gavaskar Trophy again

Buchanan on key to India winning the Border-Gavaskar Trophy again

Rediff.com29 Aug 2024

'It'll be very much a battle again between the very good pace bowling attacks of both sides and how well the top order players of both sides can deal with the ball that will bounce, seam and probably swing a little bit more in the day-night game in Adelaide.'

CBI not under control of Union of India, Centre tells SC

CBI not under control of Union of India, Centre tells SC

Rediff.com2 May 2024

The Central Bureau of Investigation (CBI) is not under the 'control' of the Union, the Centre on Thursday told the Supreme Court while raising preliminary objections on a lawsuit filed by the West Bengal government on the agency going ahead with its probe in several cases without the prerequisite nod from the state.

'He played a big role in turning Test cricket around'

'He played a big role in turning Test cricket around'

Rediff.com12 Sep 2024

Under Kohli's captaincy, India became the first Asian side to win a Test series in Australia, besides recording some memorable wins elsewhere.

Sanjay Dutt, Yami Offer Prayers At Golden Temple

Sanjay Dutt, Yami Offer Prayers At Golden Temple

Rediff.com18 Dec 2024

Sanjay Dutt visited the Golden Temple in Amritsar with Uri Director Aditya Dhar, who's directing Dutt in his next. Accompanying them was a special guest.

After nearly 2 years, industrial production contracts 0.1% in August

After nearly 2 years, industrial production contracts 0.1% in August

Rediff.com11 Oct 2024

After a gap of nearly two years, India's industrial production turned negative as it contracted by 0.1 per cent in August, mainly due to a decline in the mining and power generation sectors' output, in addition to an almost flat expansion in the manufacturing sector. According to the data released by the National Statistical Office (NSO), factory output growth based on the Index of Industrial Production (IIP) has also been revised downwards for July to 4.7 per cent from the earlier estimate of 4.8 per cent. "The IIP growth rate for the month of August 2024 is (-) 0.1 per cent, which was 4.7 per cent in the month of July 2024," NSO said in a release.

Blue Economy Needs Strong Navy Protection

Blue Economy Needs Strong Navy Protection

Rediff.com7 Jan 2025

Naval assets take years to build, and therefore, not only is futuristic force planning essential, but indigenous projects must also be put into the pipeline, technologies developed and contracts for assets signed regularly so that the Indian Navy always remains a future-focussed force, asserts Vice Admiral Biswajit Dasgupta (retd).

Sheena Bora's remains found at CBI office in Delhi

Sheena Bora's remains found at CBI office in Delhi

Rediff.com11 Jul 2024

Weeks after it informed that parts of the purported skeleton of murder victim Sheena Bora were untraceable, the prosecution on Wednesday told the trial court in Mumbai that they were lying at the Central Bureau of Investigation's (CBI) office in New Delhi.

Maruti Suzuki, Hyundai sales drop due to weak demand in July

Maruti Suzuki, Hyundai sales drop due to weak demand in July

Rediff.com1 Aug 2024

Leading carmakers Maruti Suzuki and Hyundai on Thursday reported a dip in wholesales in July as companies reduced vehicle dispatches to dealers amid moderation in demand. Maruti Suzuki India said its total domestic passenger vehicle sales stood at 137,463 units in July against 152,126 units in the year-ago month, down 9.64 per cent.

Ashwin Has Their Number!

Ashwin Has Their Number!

Rediff.com9 Feb 2024

As Ashwin nears his 500th Test wicket, here are some of the batters who have been unable to read him and have been his victims one time too many.

After Delhi, CNG and piped gas price hiked in Mumbai

After Delhi, CNG and piped gas price hiked in Mumbai

Rediff.com9 Jul 2024

After Delhi, CNG price in Mumbai has been hiked by Rs 1.50 per kg and the rate of cooking gas piped to houses by Re 1 due to rise in input costs. Mahanagar Gas Ltd, which retails CNG to automobiles and piped natural gas to households for cooking purposes in Mumbai and surrounding cities, said the increased prices will come into effect from the intervening night of July 8 and 9.

Nadal in Australian Open draw, Kyrgios absent

Nadal in Australian Open draw, Kyrgios absent

Rediff.com7 Dec 2023

Defending champion Novak Djokovic will bid for a record-extending 11th title at Melbourne Park and 25th Grand Slam crown overall.

Is Lyon better than Ashwin in Test cricket?

Is Lyon better than Ashwin in Test cricket?

Rediff.com23 Sep 2024

Panesar believes Lyon is a better bowler than Ashwin because of the dominance he has imposed in Australia, where spinners struggle to find assistance from the pitch.

Australia itching to snatch back dominance from India

Australia itching to snatch back dominance from India

Rediff.com18 Aug 2024

'That's one we need to tick off, definitely, in particular at home... we should pretty much win every series here at home.'

Reliance board approves 1:1 bonus issue

Reliance board approves 1:1 bonus issue

Rediff.com5 Sep 2024

The board of Reliance Industries Ltd on Thursday approved issuing 1:1 bonus shares -- the first bonus issue in seven years. Reliance, the nation's most valuable company, had last issued bonus shares in September 2017.

RPL stock case: Relief to Mukesh Ambani as SC junks Sebi plea

RPL stock case: Relief to Mukesh Ambani as SC junks Sebi plea

Rediff.com11 Nov 2024

The Supreme Court on Monday dismissed a plea filed by Sebi against a Securities Appellate Tribunal order which set aside the penalty imposed by the market regulator on RIL chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in shares of the erstwhile Reliance Petroleum Ltd (RPL) in November 2007. A bench of Justices J B Pardiwala and R Mahadevan said it was not inclined to interfere with the order passed by SAT.

HDFC Bank Q3 profit edges up 2.3% on slower loan growth

HDFC Bank Q3 profit edges up 2.3% on slower loan growth

Rediff.com22 Jan 2025

HDFC Bank on Wednesday reported a 2.3 per cent year-on-year rise in its consolidated net profit to Rs 17,657 crore for the October-December quarter, restricted by slower loan growth. On a standalone basis, the largest private sector lender's net profit came at Rs 16,735.50 crore for the period, up from Rs 16,372.54 crore in the year-ago period, but marginally down from the preceding quarter's Rs 16,820.97 crore.

Asia Cup: Weather gods may disrupt India vs Pakistan match

Asia Cup: Weather gods may disrupt India vs Pakistan match

Rediff.com1 Sep 2023

Weather.com has predicted Thunderstorms with an 80 percent chance of rain for the region of Kandy on Saturday.

Power utilities likely to see moderate growth in Q3 earnings

Power utilities likely to see moderate growth in Q3 earnings

Rediff.com22 Jan 2025

Power utilities may report moderate growth in earnings for Q3FY25. Generation is up 3 per cent year-on-year (Y-o-Y) in Q3 on lower cooling demand and high base, to 429 billion units (BU). Peak demand was steady at 224 Gw in Q3FY25, a 10 per cent decline from the record highs of 250 Gw in May 2024.

Markets fall dragged by IT stocks, foreign fund outflows

Markets fall dragged by IT stocks, foreign fund outflows

Rediff.com25 Jan 2024

Among Sensex shares, Tech Mahindra fell by over 6 per cent after the company reported a 60 per cent decline in net profit to Rs 510.4 crore in the December quarter. Bharti Airtel, ITC, HCL Technologies, Asian Paints, Wipro, HDFC Bank, Nestle, Tata Steel, Tata Consultancy Services and Maruti were among the other major laggards. NTPC, ICICI Bank, IndusInd Bank, Reliance Industries, JSW Steel, Bajaj Finance, Bajaj Finserv and Mahindra & Mahindra were among the gainers.

Will CNG become costlier in Mumbai, Delhi?

Will CNG become costlier in Mumbai, Delhi?

Rediff.com17 Oct 2024

The government has slashed by up to a fifth the supplies of cheaper gas to city gas entities that retail CNG to automobiles, increasing their dependence in costly imported fuel. Buying costly imported gas to make up for the shortfall should result in a hike in CNG price but given the ensuing assembly elections in Maharashtra, that may be put off for now. Indraprastha Gas Ltd and Mahanagar Gas Ltd in regulatory filings stated that supplies of domestically produced gas, which was available at a capped rate which is half of the imported price, has been cut.

Govt doubles Mudra loan limit to Rs 20 lakh to promote entrepreneurship

Govt doubles Mudra loan limit to Rs 20 lakh to promote entrepreneurship

Rediff.com23 Jul 2024

Finance Minister Nirmala Sitharaman on Tuesday announced the doubling of the upper limit of Mudra loans to Rs 20 lakh to promote entrepreneurship in the country. "The limit of Mudra loans will be enhanced to Rs 20 lakh from the current Rs 10 lakh for those entrepreneurs who have availed and successfully repaid previous loans under the 'Tarun category', she said while presenting the Budget in the Lok Sabha.

Will RBI cut interest rate this October?

Will RBI cut interest rate this October?

Rediff.com16 Sep 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das has said the decision on interest rate moderation will be based on long-term inflation trajectory and not monthly data. The Monetary Policy Committee (MPC) headed by the RBI Governor is scheduled to meet between October 7 and 9 and take call on interest rate. The RBI kept the repo rate unchanged at 6.5 per cent for the ninth time in a row amid risks from higher food inflation.

T20 WC: Kohli's iconic 6 vs Pak voted 'Greatest Moment'

T20 WC: Kohli's iconic 6 vs Pak voted 'Greatest Moment'

Rediff.com1 Jun 2024

Virat Kohli's masterclass against Pakistan in the T20 World Cup in 2022 has been voted the T20 World Cup FanCraze Greatest Moment.

Promising career cut short: Will Pucovski retires at 26

Promising career cut short: Will Pucovski retires at 26

Rediff.com29 Aug 2024

After many episodes of concussion, Will Pucovski's career comes to premature end at 26. He was once seen as the future of Australian batting.

Rahane to play County Championship for Leicestershire

Rahane to play County Championship for Leicestershire

Rediff.com27 Jun 2024

The 36-year-old is signed as a replacement for South African Wiaan Mulder, who is expected to travel to the West Indies with the Proteas in August.

Ram's Footprint Over South East Asia

Ram's Footprint Over South East Asia

Rediff.com20 Jan 2024

Even those who are the supporters of India's 'cultural nationalism' seems to be unaware of the footprint of Shri Ram in South East Asia, observes Colonel Anil A Athale (retd).

Sensex jumps 941 points on bank stocks and firm global trends

Sensex jumps 941 points on bank stocks and firm global trends

Rediff.com29 Apr 2024

Benchmark BSE Sensex rebounded sharply by 941 points while NSE Nifty closed above the 22,600 level on Monday on the back of buying in banking and infra shares and a global stocks rally. The 30-share BSE Sensex jumped 941.12 points or 1.28 per cent to settle at 74,671.28. During the day, it zoomed 990.99 points or 1.34 per cent to 74,721.15.

Man, 4 daughters found dead at Delhi house

Man, 4 daughters found dead at Delhi house

Rediff.com28 Sep 2024

The deceased have been identified as Heeralal Sharma, who worked as a carpenter at the Indian Spinal Injury Centre in Vasant Kunj for the last 28 years, and his four daughters -- Neetu (26), Nikki (24), Neeru (23) and Nidhi (20). The bodies, found on Friday afternoon, did not have any injury mark.

What Adani Group CFO said about the bribery charges

What Adani Group CFO said about the bribery charges

Rediff.com23 Nov 2024

None of Adani group portfolio companies, comprising 11 listed firms, have been accused of any wrongdoing, conglomerate's CFO Jugeshinder Robbie Singh said on founder and chairman Gautam Adani's indictment on bribery charges in the US. In a post on X, Singh said the group would make a detailed comment on the US indictment once it gets counsel approvals.

Sprinter Hima exonerated by NADA over doping charges

Sprinter Hima exonerated by NADA over doping charges

Rediff.com11 Oct 2024

The 24-year-old Hima was last year provisionally suspended by the National Anti-Doping Agency (NADA) for three whereabout failures in a span of 12 months. She was, however, cleared by the Anti-Doping Disciplinary Panel (ADDP) following a hearing in March.

Shyam Benegal, Movie Legend, Dies At 90

Shyam Benegal, Movie Legend, Dies At 90

Rediff.com23 Dec 2024

'If there is one thing Shyam Benegal expressed best: It was the Poetry of the ordinary face and ordinary lives.'

Swiggy refiles IPO papers; eyes Rs 3,750 cr via fresh issue

Swiggy refiles IPO papers; eyes Rs 3,750 cr via fresh issue

Rediff.com26 Sep 2024

Food and grocery delivery major Swiggy on Thursday filed its updated draft papers with capital markets regulator Sebi to raise funds through its much anticipated initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth Rs 3,750 crore and an offer-for-sale (OFS) of 18.52 crore equity shares by existing shareholders, according to the updated draft red herring prospectus (UDRHP). Market sources have pegged the company's IPO size at over Rs 10,000 crore.

Built consensus with India, will reach solution at early date, says China

Built consensus with India, will reach solution at early date, says China

Rediff.com26 Sep 2024

China and India were able to "reduce differences" and build "some consensus" on disengaging troops from friction points to end the standoff in eastern Ladakh and agreed to maintain dialogue to reach a resolution acceptable to both sides at an "early date", the Chinese defence ministry said on Thursday.

Can this fan favourite help Australia bounce back in Adelaide?

Can this fan favourite help Australia bounce back in Adelaide?

Rediff.com5 Dec 2024

Australia trail 1-0 in the five-Test series against India after being thrashed in the Perth opener by 295 runs.

Sensex climbs 305 points on buyingi in index heavyweights

Sensex climbs 305 points on buyingi in index heavyweights

Rediff.com27 Feb 2024

Among the Sensex firms, Tata Motors, Tata Consultancy Services, IndusInd Bank, Power Grid, Bharti Airtel, Sun Pharma, JSW Steel and Tata Steel were the major gainers. On the other hand, Bajaj Finance, State Bank of India, Bajaj Finserv, Axis Bank and NTPC were among the laggards.

India tour Australia: Perth likely to host Test series opener

India tour Australia: Perth likely to host Test series opener

Rediff.com19 Mar 2024

The series is likely to start in late November this year.

Will King Kohli recreate magic of 2014 at MCG?

Will King Kohli recreate magic of 2014 at MCG?

Rediff.com22 Dec 2024

Kohli, Kohli.... the chants from 90,000 fervent fans still reverberate in the ear when you step into the fabled MCG, even two years after the former Indian skipper pulled off a stunning heist against Pakistan in the T20 World Cup 2022.

Automobile exports from India rise 15.5% in Q1

Automobile exports from India rise 15.5% in Q1

Rediff.com14 Jul 2024

Automobile exports from India rose 15.5 per cent year-on-year in the June quarter with all verticals, barring three-wheelers, recording growth in shipments, according to the latest SIAM data. Overall shipments stood at 11,92,577 units in the first quarter the current fiscal year, as compared with 10,32,449 units in the same period of the last fiscal. Passenger vehicle exports stood at 1,80,483 units in the first quarter, registering a jump of 19 per cent over 152,156 units in the same period last year.