Partha Pratim Sengupta, who will be taking charge as the MD & CEO of Bandhan Bank in early November, has his task cut out. The Kolkata-based lender, which converted itself from a microfinance institution to a universal bank, is in its 10th year of operation. The bank was able to cut down the share of the micro loan book over these years.
Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent decrease from its last funding round valuation of around $5.5 billion, according to industry sources. The Bhavish Aggarwal-founded firm aims to file for the IPO by next month, according to people familiar with the matter. "The strategy is to price the IPO attractively for investors, fostering long-term growth and wealth creation," said a source.
'With Prime, TCS is making sure that we are able to secure the right high talent...' 'Colleges will make sure that students who are offered jobs in this category do not go for another company's hiring process.'
The international cargo operations of two major carriers - IndiGo and Air India Group (Air India and Vistara) - are experiencing opposite trajectories despite both the airlines significantly expanding their international flight offerings over the past year. During the fourth quarter of 2023-24, IndiGo's international non-passenger cargo business declined to 6,848 tonnes. This is an 18.2 per cent year-on-year (Y-o-Y) decrease, according to data from the Directorate General of Civil Aviation (DGCA)
'While investors need to be prepared for making some losses, they should not lose big money chasing euphoria amid fear of missing out.'
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.
Gen Dwivedi, who has vast operational experience along the frontiers with China and Pakistan, was serving as the Vice Chief of the Army.
People in full-time jobs should especially avoid intraday trading as it results in loss of focus and affects performance.
WazirX lost about 45 per cent of its crypto assets to the security breach. People privy to the discussions say North Korea has been mentioned.
The scaling up of the India-US strategic partnership to the level of non-NATO ally with defence deals, sharing and transfer of defence technology, interoperability, joint collaboration and joint production of defence equipment has exacerbated Moscow's anxiety, notes Rup Narayan Das.
Concerned over the fallout of the Red Sea crisis and severe shortage of containers against the backdrop of a steep decline in merchandise exports in August, the Union government is pulling out all the stops to find a solution. To begin with, the government has devised a strategy aimed at boosting container supply and supporting exporters.
The highest-ever goods and services tax (GST) evasion has been done by the online money gaming industry.
rediffGURU Kanchan Rai urges you to talk about your problems so you can seek solutions and also transform your life.
From installing water-saving aerators on taps to using cans for washing hands and dishes, Bengaluru is adopting diverse strategies to tide over the water crisis. While several citizens have taken to social media to urge Karnataka Chief Minister Siddaramaiah to make work from home mandatory for IT companies, it appears that hybrid mode will continue to be the norm for most - although with new water conservation measures in place. Co-working space provider Urban Vault has, for instance, installed smart water meters to detect leakage.
'The 2024 election results will lead to much intense targeting of Modi, more intense debates, many more breakdowns in Parliament and many more movements on the streets.' 'The results have hit Modi's standing, and the politics of the Opposition parties will be sharply focused to ensure that Modi doesn't get back his charisma of being 'invincible' with help of State power.' Sheela Bhatt looks at the political situation through the prism of 2024 Lok Sabha election results.
'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'
'If their allocation to certain segments have become high due to strong returns over the past three-four years, they should rebalance their portfolios and bring them in line with their long-term asset allocation.'
West Indies award 9 cricketers historic multi-year contracts across men's, women's teams
'We see mid-and small-caps as a real pot of gold.' 'From a 10-15 years perspective, mid-and small-cap are likely to outperform the larger index, as they have done in the past.'
EAM Jaishankar's mission is aimed at strengthening India's strategic autonomy in a complex international environment, observes Ambassador M K Bhadrakumar.
Priyanka's victory seems assured, but the broader implications for Kerala's political landscape and South Indian politics remain to be seen.
Ever since the Quad started taking shape in 2007, China has been saying that the four-member grouping will be bound to fail. But much to the chagrin of Beijing, it picked up pace in the recent years emerging as a premier strategic group especially challenging China's assertiveness in the disputed South China Sea.
The countries offering visa-on-arrival service to Indian nationals have been exploited as 'Donkey Routes' by agents for people who endeavour to reach the United States and Canada.
'It's advisable not to go overboard on a banking sector fund or any other sector fund.'
Pakistan Prime Minister Imran Khan on Friday launched the country's first-ever national security policy, which articulates a citizen-centric framework, placing economic security at its core unlike the previous one-dimensional security policy where the focus was on the military.
Davis Cup: Strong Indian team is firm favourite against Pakistan in historic clash
With the recent launch of smartwatches, home-grown smartphone maker Lava is looking to secure a strong foothold in the Indian wearables market. The company aims to capture up to 20 per cent of this segment over the next few years, according to a senior executive.
'We are in a position to start due diligence and private data room access shortly.'
'I am very happy to see that the work is starting to bear some fruit now.'
The claims made by Canada were discussed when visiting External Affairs Minister S Jaishankar and National Security Advisor Jake Sullivan met in Washington, DC last week, John Kirby, Coordinator for Strategic Communications at the National Security Council in the White House told reporters at a news conference.
Describing the unrest among party members as just the "tip of the iceberg," the report shed light on the underlying discontent within the BJP.
Aakash Chopra believes Virat Kohli can rediscover his form if he shows patience at the crease
Kumar, whose NDA-allied Janata Dal-United has won 12 of the 40 Lok Sabha seats in Bihar, has emerged as a key player in government formation
In 2017, a retired R&AW officer conveyed that Uttar Pradesh Chief Minister Yogi Adityanath was keen to get monarchy restored in Nepal and suggested that I support these efforts.
Lakshya leaves Paris with the best-ever finish by an Indian shuttler in the men's singles event at the Olympics.
As Archana navigates her new path, her time as a top athlete continues to shape her perspective and inspire others.
If Rashid cannot be the king, he could be the kingmaker after October 8 when the results to the J&K assembly are declared.
Multi-asset allocation funds emerged as the most popular option for MFs as they provided the needed flexibility.
To threaten China and Pakistan, and then to sharply cut back on military funding, bespeaks a remarkable trust in Beijing and Islamabad that is not borne out by anything they say or do, notes Ajai Shukla.
Joly said that Ottawa stands by its decision to inform Canadians about the allegations surrounding the killing of Nijjar, but remains engaged with the Indian government on the issue.
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