News for 'Rediff Archives'

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.

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).

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.'

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.

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.

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.

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.

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.

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.

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.

When Cricket Legends Walked Away Without A Roar

When Cricket Legends Walked Away Without A Roar

Rediff.com15 May 2025

While Sachin Tendulkar's 2013 farewell became a national pilgrimage, a vibrant celebration befitting a cricketing deity, the exits of many other Indian icons this century have been quieter journeys into the twilight.

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.

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.

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).

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.

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.

'Ashwin's body was used like a dart board by Hazlewood and Cummins'

'Ashwin's body was used like a dart board by Hazlewood and Cummins'

Rediff.com25 Mar 2024

As Ravichandran Ashwin achieved the milestone 100th Test in Mohali, everyone had their lists of his best bowling feats. But Ashwin's finest cricketing moment was probably when he and Hanuma Vihari battled inhuman injury to draw the Sydney Test against Australia after India were bowled out for 36 in the first Test at Adelaide.

Asian Games: Gymnast Pranati disappoints

Asian Games: Gymnast Pranati disappoints

Rediff.com28 Sep 2023

The only Indian gymnast at the Asian Games, Nayak faltered with her landing and received a penalty to score 12.100 in the first vault.

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.

NCP tells Ravi Shastri: Speak about Manipur violence too

NCP tells Ravi Shastri: Speak about Manipur violence too

Rediff.com4 Dec 2023

He also said Shastri should share his views on the fight and struggle of the women wrestlers who are seeking justice against a Lok Sabha member of the ruling Bharatiya Janata Party (BJP), Brij Bhushan Singh Sharan. Brij Bhushan has been accused of sexual harassment of several women wrestlers.

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.

Premji gifts 1 crore Wipro shares to his sons

Premji gifts 1 crore Wipro shares to his sons

Rediff.com25 Jan 2024

Wipro founder Azim Premji has transferred 1.02 crore equity shares of Wipro held by him to his two sons --Rishad Premji and Tariq Premji-- as 'gift', according to exchange filing. The Wipro scrip is currently valued at Rs 472.9 per share, and at roughly this value, the transferred shares will amount to a whopping Rs 483 crore.

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.

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.

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.

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.

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.

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.

Court forces police to protect wrestler in Brij Bhushan case

Court forces police to protect wrestler in Brij Bhushan case

Rediff.com22 Aug 2024

A Delhi court directed the city police on Thursday to immediately reinstate the security of a female wrestler who has accused former Wrestling Federation of India (WFI) chief Brij Bhushan Sharan Singh of sexual harassment.

Tenacity, altruism define white-ball maestro Dhawan

Tenacity, altruism define white-ball maestro Dhawan

Rediff.com24 Aug 2024

In a career that spanned over 14 years, the calmness that Dhawan exuded on and off the field was one characteristic that set him apart from the other stalwarts of Indian cricket.

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.

Easy win for Prannoy, Sameer causes upset at Australian Open

Easy win for Prannoy, Sameer causes upset at Australian Open

Rediff.com13 Jun 2024

However, it was curtains for Kiran George in the men's singles event as he lost 20-22, 6-21 against seventh seed Kenta Nishimoto of Japan.

Perth Test could be preview to WTC final: Green

Perth Test could be preview to WTC final: Green

Rediff.com6 Sep 2024

Australia spinner Nathan Lyon termed Indian players as superstars' while hoping to revive his on-field rivalry with India spinner Ravichandran Ashwin.

Mariyappan's Historic Paralympic Hat-Trick

Mariyappan's Historic Paralympic Hat-Trick

Rediff.com6 Sep 2024

Gold in Rio. Silver in Tokyo. Bronze in Paris. Mariyappan Thangavelu is a Paralympic legend.

TCS mcap crosses Rs 15 lakh crore as shares soar

TCS mcap crosses Rs 15 lakh crore as shares soar

Rediff.com6 Feb 2024

Shares of Tata Consultancy Services (TCS) jumped 4 per cent on Tuesday, taking its market valuation to above Rs 15 lakh crore mark. The stock of the country's second most valued firm by market valuation jumped 4.05 per cent to settle at Rs 4,133.45 apiece on the BSE. During the day, shares of the company climbed 4.45 per cent to Rs 4,149.75 -- its all-time high.

Ranji Trophy: Vihari quits as Andhra skipper

Ranji Trophy: Vihari quits as Andhra skipper

Rediff.com12 Jan 2024

Interestingly, eager to play under domestic coach Chandrakant Pandit to revive his international career, Vihari was mulling a move to Madhya Pradesh before the start of the season.

'Bharat is the original name, but...'

'Bharat is the original name, but...'

Rediff.com6 Sep 2023

'Any such change should be initiated at the official, governmental, and BCCI levels to have the team officially referred to as the Bharat cricket team.'

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.

Adani Green's Khavda power plant is world's largest and 5 times the size of Paris

Adani Green's Khavda power plant is world's largest and 5 times the size of Paris

Rediff.com7 Apr 2024

Adani Green Energy Limited is developing 30 GW renewable energy plant on barren land at Khavda in Kutch of Gujarat over area of 538 sq km after which the project would be the planet's largest power plant.