News for 'Rediff Archives'

Steve Smith joins Washington Freedom ahead of MLC season

Steve Smith joins Washington Freedom ahead of MLC season

Rediff.com11 Apr 2024

Smith, who has played just four Twenty20 internationals for Australia since the start of 2023, went unsold at the Indian Premier League auction held in December last year.

SC grants bail to 8 convicts in Hashimpura massacre case

SC grants bail to 8 convicts in Hashimpura massacre case

Rediff.com6 Dec 2024

The Supreme Court of India granted bail to eight convicts in the 1987 Hashimpura massacre case. The case involved the killing of 38 people by personnel of the Provincial Armed Constabulary. The court considered the fact that the convicts have been incarcerated for over six years following the Delhi High Court's reversal of their acquittal by the trial court.

JP Morgan gives 'overweight' rating to four Adani bonds

JP Morgan gives 'overweight' rating to four Adani bonds

Rediff.com6 Dec 2024

US investment banker JP Morgan has given 'overweight' rating on four Adani group bonds, comforted by ability to scale and grow using internal cash flows which reduces the scope for credit stress. In a report, JP Morgan gave 'overweight' rating on three bond issues of Adani Ports & SEZ and one by Adani Electricity Mumbai Ltd (a subsidiary of Adani Energy Solutions Ltd). It has taken neutral stand on other five Adani bonds and is underweight on one bond issued by Adani Green Energy Ltd.

Sensex gains 102 points in range-bound trade

Sensex gains 102 points in range-bound trade

Rediff.com21 Aug 2024

Among the Sensex firms, Titan, Asian Paints, ITC, Hindustan Unilever, Nestle India, Bajaj Finserv and Bharti Airtel were among the gainers. In contrast, UltraTech Cement, Tech Mahindra, Tata Steel, Power Grid, HDFC Bank, HCL Technology, State Bank of India and ICICI Bank were the laggards.

Bill Gates Under Fire for 'Lab' Remark

Bill Gates Under Fire for 'Lab' Remark

Rediff.com4 Dec 2024

Bill Gates' remark, intended to underscore India's role in global development efforts, faced swift backlash on social media, where many criticised the choice of words as inappropriate and patronising.

What Makes Rekha Bollywood's Sari Queen

What Makes Rekha Bollywood's Sari Queen

Rediff.com10 Oct 2024

All her public appearances are marked by trademark glitter and glow, of which her opulent collection of Kanjivarams and Benarasis are Sukanya Verma's absolute favourite.

England To Travel With Chef To India

England To Travel With Chef To India

Rediff.com6 Jan 2024

Wary of taking ill or relying just on pizzas and canned food from home, the England cricket team will travel to India with a chef for the five Test tour starting January 25.

'Imposing Hindi Will Affect BJP's Prospects In Tamil Nadu'

'Imposing Hindi Will Affect BJP's Prospects In Tamil Nadu'

Rediff.com5 Mar 2025

'The vast majority of BJP supporters in Tamil Nadu can't speak any language other than Tamil.' 'When rural Tamil Nadu can't speak any other language than Tamil, how are they going to convince them that they have to learn Hindi?'

Strategic pacts reshape energy turf

Strategic pacts reshape energy turf

Rediff.com13 Feb 2025

Leading oil companies dedicated the second day of India Energy Week (IEW) 2025 to announcing strategic deals and business agreements across the supply chain - from sourcing more crude oil supply to deploying more domestic ships and building gas distribution capacity.

Reliance spent $13 bn on acquisitions in five years

Reliance spent $13 bn on acquisitions in five years

Rediff.com31 Dec 2024

Billionaire Mukesh Ambani's Reliance Industries Ltd has spent $13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer facing verticals. Last week, Reliance bought oncology platform Karkinos Healthcare for Rs 375 crore, adding another stack to its diagnostic and digital healthcare ecosystem, Morgan Stanley said in a report.

Hate speech: Gujarat cops detain Islamic preacher in Mumbai

Hate speech: Gujarat cops detain Islamic preacher in Mumbai

Rediff.com4 Feb 2024

Gujarat Police probing a hate speech case on Sunday detained Islamic preacher Mufti Salman Azhari in Mumbai, an official said.

India's services sector activity slips to 10-month low in Sep

India's services sector activity slips to 10-month low in Sep

Rediff.com4 Oct 2024

India's services sector activity fell to a 10-month low in September as new businesses, international sales and output growth moderated, a monthly survey said on Friday. The seasonally adjusted HSBC India Services Business Activity Index fell from 60.9 in August to 57.7 in September, indicating that though the output registered an increase, the pace of growth was the slowest since November 2023. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

India Inc pays rich tributes to Manmohan Singh

India Inc pays rich tributes to Manmohan Singh

Rediff.com27 Dec 2024

Singh, who opened up the economy as finance minister and served as prime minister for two consecutive terms, died on Thursday at the age of 92. "History will forever honour his pivotal role in the transformative 1991 reforms that reshaped India and opened its doors to the world.

'Pant plays the game in the right spirit' :Labuschagne

'Pant plays the game in the right spirit' :Labuschagne

Rediff.com1 Oct 2024

Australian batter Marnus Labuschagne described wicketkeeper-batter Rishabh Pant as the most "amusing" player in the Indian team, ahead of the upcoming five-match Test series between the fierce rivals.

CCI probe finds Zomato, Swiggy violating competition norms

CCI probe finds Zomato, Swiggy violating competition norms

Rediff.com9 Nov 2024

A Competition Commission probe has found that food delivery platforms Zomato and Swiggy indulged in unfair business practices, including alleged preferential treatment to some restaurant partners, according to sources. The detailed investigation was ordered by the Competition Commission of India (CCI) in April 2022 and the probe report was submitted to the regulator earlier this year. Under the norms, CCI director general's report has been shared with the parties concerned and later, they will be called for hearings by the watchdog.

Kareena, Shahid Hug!

Kareena, Shahid Hug!

Rediff.com8 Mar 2025

Bebo and Sasha hugged and chatted as the paparazzi's cameras went click-click-click-click.

'Gill Can Be A Great Captain'

'Gill Can Be A Great Captain'

Rediff.com16 Jul 2025

'Shubman Gill is a great thinker and player, but man management will be key to his leadership success.'

Sensex sinks 1,062 points on selling in index majors

Sensex sinks 1,062 points on selling in index majors

Rediff.com9 May 2024

Asian Paints, JSW Steel, ITC, Bajaj Finance, IndusInd Bank, Tata Steel, NTPC, Bajaj Finserv, HDFC Bank, Reliance Industries and Power Grid were among the laggards. In contrast, Tata Motors, Mahindra & Mahindra, State Bank of India, Infosys and HCL Tech were the gainers.

Elgar Parishad case: HC flags violation of Article 21

Elgar Parishad case: HC flags violation of Article 21

Rediff.com15 Jan 2025

Prolonged incarceration without trial amounts to infringement of the right to life under the Constitution, the Bombay high court said while urging a special court to expedite the trial in the 2018 Elgar Parishad-Maoist links case.

Glenmark to sell 75% in life sciences arm to Nirma for Rs 5,651.5 cr

Glenmark to sell 75% in life sciences arm to Nirma for Rs 5,651.5 cr

Rediff.com21 Sep 2023

Glenmark Pharmaceuticals on Thursday said it will sell a 75 per cent stake in its subsidiary Glenmark Life Sciences to Nirma Ltd for Rs 5,651.5 crore.

Why Mohammad Rafi Will Always Be Missed

Why Mohammad Rafi Will Always Be Missed

Rediff.com24 Dec 2023

Mohammad Rafi had a powerful range that could accommodate anything from the sublime O duniya ke rakhwale for Bharat Bhushan in Baiju Bawra to the eccentric Badan pe sitare lapete huye for Shammi Kapoor in Prince.

NZ's Rachin prepares for 'home' Test in Bengaluru

NZ's Rachin prepares for 'home' Test in Bengaluru

Rediff.com14 Oct 2024

Rachin Ravindra will carry along with him that soothing 'home ground' feeling when the New Zealand top-order batter steps on to the field in Bengaluru on Wednesday for the first Test against India.

Rs 2,541 cr boost for tourism, 50 destinations to be developed

Rs 2,541 cr boost for tourism, 50 destinations to be developed

Rediff.com1 Feb 2025

India's Finance Minister Nirmala Sitharaman has announced an ambitious plan to develop the country's top 50 tourist destinations in a "challenge mode", with the aim of boosting employment-led growth and attracting international visitors. The Ministry of Tourism has received a significant budget increase for 2025-2026, with a focus on enhancing tourism infrastructure, promoting domestic and international travel, and ensuring the safety of tourists, particularly women. The government plans to promote homestays, improve connectivity to tourist spots, and provide performance-linked incentives to states that demonstrate effective destination management. The budget also includes investments in public enterprises, skill development programs, and initiatives to promote medical tourism and spiritual tourism.

HCL Tech Q3 net profit up 6.2% to Rs 4,350 cr

HCL Tech Q3 net profit up 6.2% to Rs 4,350 cr

Rediff.com12 Jan 2024

IT company HCL Tech reported a 6.2 per cent increase in consolidated net profit at Rs 4,350 crore, highest ever on a quarterly basis, in the third quarter ended December 31. The company had posted a net profit of Rs 4,096 crore in the same period a year ago, HCL Tech said in a regulatory filing.

Infosys countersues Cognizant, its CEO in battle over misuse of information

Infosys countersues Cognizant, its CEO in battle over misuse of information

Rediff.com11 Jan 2025

Information Technology (IT) major Infosys escalated the legal tussle with Cognizant by filing a countersuit in a US court, accusing the Nasdaq-listed firm and its Chief Executive Officer (CEO) Ravi Kumar of anticompetitive practices by maintaining its monopoly. Infosys has also alleged that Kumar misused sensitive information that slowed the launch of the company's health care platform Helix.

Infosys' Q3 net profit down 7.3% to Rs 6,106 crore

Infosys' Q3 net profit down 7.3% to Rs 6,106 crore

Rediff.com11 Jan 2024

IT company Infosys on Thursday posted a 7.3 per cent decline in consolidated net profit at Rs 6,106 crore in the third quarter of the current financial year. The company had posted a net profit (attributable to shareholders) of Rs 6,586 crore during the same period a year ago, Infosys said in a regulatory filing. Consolidated revenue from operations of the company increased marginally by 1.3 per cent to Rs 38,821 crore during the quarter under review from Rs 38,318 crore in the year-ago period.

GenNext Gets Gorgeous At Lakme!

GenNext Gets Gorgeous At Lakme!

Rediff.com27 Mar 2025

Emerging designers Abhishek Shinde, Yash Patil and Saumya Locha captivated fashion watchers with their distinctive creative voices.

RBI pegs inflation at 4.5% for FY25

RBI pegs inflation at 4.5% for FY25

Rediff.com5 Apr 2024

The Reserve Bank on Friday retained inflation projection at 4.5 per cent for the current financial year, lower than 5.4 per cent in the last fiscal. Assuming a normal monsoon this year, CPI (consumer price index-based) inflation for the current year is projected at 4.5 per cent, with Q1 at 4.9 per cent, Q2 at 3.8 per cent, Q3 at 4.6 per cent, and Q4 at 4.5 per cent.

Anil Ambani reviewing securities market ban, to take appropriate steps

Anil Ambani reviewing securities market ban, to take appropriate steps

Rediff.com26 Aug 2024

Reliance Group chairman Anil Ambani is reviewing "appropriate" options after the Securities and Exchange Board of India (Sebi) banned him from the stock markets and imposed a Rs 25-crore fine for alleged fund diversion from Reliance Home Finance (RHFL), a former subsidiary of Reliance Capital. In a statement, a spokesperson for Ambani said he had resigned from the boards of Reliance Infrastructure and Reliance Power pursuant to the Sebi interim order dated February 11, 2022.

Sensex falls 385 points amid weak global trends

Sensex falls 385 points amid weak global trends

Rediff.com16 Dec 2024

From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the biggest laggards.

SC's verdict on AGR a big blow for telcos

SC's verdict on AGR a big blow for telcos

Rediff.com19 Sep 2024

In a jolt to telecom firms, the Supreme Court has dismissed a batch of pleas filed by companies, including Vodafone Idea and Bharti Airtel, seeking correction of alleged errors in the Adjusted Gross Revenue. A bench comprising Chief Justice D Y Chandrachud and Justices Sanjiv Khanna and B R Gavai also rejected the plea of telcos seeking to list the curative petitions for open court hearing.

Sensex climbs over 250 pts on buying in Reliance, M&M

Sensex climbs over 250 pts on buying in Reliance, M&M

Rediff.com17 May 2024

M&M was the biggest gainer on the Sensex chart, rising 5.97 per cent, followed by JSW Steel, Ultra Cement, Kotak Bank, ITC and NTPC. Reliance Industries gained 0.73 per cent to close at Rs 2,871 apiece. In contrast, TCS, HCL Tech, HUL, Nestle Industries, Bajaj Finserv, Wipro and Infosys were among the losers.

The Greatest Olympians!

The Greatest Olympians!

Rediff.com22 Jul 2024

Let's celebrate the Olympian legends!

'Would be cool to be part of an Olympics'

'Would be cool to be part of an Olympics'

Rediff.com20 Aug 2024

With the T20 format set to be played at the LA 28 Olympics, Smith sees himself playing the shortest format of cricket in the next four years.

Sensex, Nifty jump nearly 2% powered by rally in RIL

Sensex, Nifty jump nearly 2% powered by rally in RIL

Rediff.com29 Jan 2024

Tata Motors, Power Grid, Larsen and Toubro, Kotak Mahindra Bank, NTPC, Titan and UltraTech Cement were the other major gainers. ITC, Infosys, JSW Steel, Tech Mahindra and Tata Consultancy Services were the laggards.

Heeding Azad, Partition Could Have Been Prevented

Heeding Azad, Partition Could Have Been Prevented

Rediff.com1 Feb 2025

Abul Kalam Azad chose not to contest Congress Presidency and to throw his weight behind Nehru, instead of Patel, a decision he would come to regret. Patel would have seen his plan through, while Nehru, in Azad's opinion 'gave Jinnah the opportunity to sabotage' it, notes Aakar Patel.

BFI to take IOA to court over 'illegal' ad hoc panel

BFI to take IOA to court over 'illegal' ad hoc panel

Rediff.com25 Feb 2025

'The IOA has no jurisdiction over the conduct of elections for NSFs, yet this order has been issued in a manner that clearly questions its intent.'

Sensex, Nifty surge nearly 1% amid global rally

Sensex, Nifty surge nearly 1% amid global rally

Rediff.com21 Mar 2024

From the Sensex basket, NTPC, Power Grid, IndusInd Bank, Tata Steel, Tata Motors, JSW Steel, Tech Mahindra and Larsen & Toubro were the biggest gainers. Bharti Airtel, Maruti, ICICI Bank and Asian Paints were the laggards.

Sensex, Nifty tank nearly 1%; HDFC Bank drags

Sensex, Nifty tank nearly 1%; HDFC Bank drags

Rediff.com13 Aug 2024

Equity benchmark BSE Sensex tumbled nearly 700 points to sink below the 79,000 level on Tuesday, extending its losses for the second straight day due to selling pressure in HDFC Bank, SBI and ITC amid fresh foreign capital outflows. The 30-share BSE Sensex tumbled 692.89 points or 0.87 per cent to settle at 78,956.03. During the day, it tanked 759.54 points or 0.95 per cent to 78,889.38.

Aamir's Toughest Role That You Haven't Seen

Aamir's Toughest Role That You Haven't Seen

Rediff.com18 Mar 2025

'It was the toughest of roles because he had to change quickly behind the sofa and come out in the next dress!'