News for 'Short Service'

Equity mutual funds cash rich even as inflows decline

Equity mutual funds cash rich even as inflows decline

Rediff.com25 Mar 2025

Equity mutual fund (MF) schemes were flush with cash at the start of this month, even as fresh investments shrank in February. As of February 28, equity schemes from the top 20 fund houses held 6.8 per cent of their portfolios in cash, up from 6.1 per cent in January and 5.9 per cent in December 2024, according to a report by Motilal Oswal Financial Services.

Tech startups worth $100 bn set to pursue IPOs by 2027: Rainmaker Group

Tech startups worth $100 bn set to pursue IPOs by 2027: Rainmaker Group

Rediff.com3 Apr 2025

More than 30 technology startups, collectively valued at $100 billion, are poised to go public by 2027, signalling a potential rebound in India's stock market activity, according to a report by investment bank The Rainmaker Group. Walmart-owned Flipkart, financial technology (fintech) leader PhonePe, SoftBank-backed Lenskart, Razorpay, Zetwerk, and Meesho are among the top companies preparing to go public in India.

Flexible office space growth set to trigger IPO wave

Flexible office space growth set to trigger IPO wave

Rediff.com9 Apr 2025

India's flexible (flex) office segment, having breached pre-pandemic levels, is thriving as corporates, startups, multinational corporations, and global capability centres (GCCs) expand in India, seeking low-capital yet Grade A plug-and-play facilities. In the first quarter (Q1) of 2025, the flex office segment continued to grow, with flex space leasing rising by 22 per cent to 2.2 million square feet (msf), according to Colliers.

FPIs pull out Rs 24,753 cr from equities in first week of Mar

FPIs pull out Rs 24,753 cr from equities in first week of Mar

Rediff.com9 Mar 2025

Foreign investors continue to pull back money from the Indian equity market, withdrawing Rs 24,753 crore (about $2.8 billion) in the first week of March amid escalating global trade tensions and lacklustre corporate earnings.

Guv ceases to be Chancellor of state varsities: DMK leader

Guv ceases to be Chancellor of state varsities: DMK leader

Rediff.com8 Apr 2025

The Supreme Court of India has ruled that Tamil Nadu Governor R.N. Ravi can no longer serve as chancellor of state-run universities, a decision welcomed by the ruling DMK party. The court's judgment stems from a long-standing dispute between the state government and the governor over the assent of 10 bills passed by the Tamil Nadu Assembly. The DMK alleges that the governor had obstructed the smooth functioning of universities by delaying appointments and other critical matters. The judgment paves the way for the Tamil Nadu government to appoint new chancellors for its universities, effectively removing the governor's influence in higher education.

India Strikes At Pakistan Airbases

India Strikes At Pakistan Airbases

Rediff.com10 May 2025

Pakistan military spokesperson Lieutenant General Ahmad Sharif Chaudhry told a hurriedly called press conference in Islamabad at around 4 am that th Pakistan air force's Nur Khan (Chaklala, Rawalpindi), Murid (Chakwal) and Rafiqui (Shorkot in Jhang district) airbases were targeted.

Delhi govt to shift overcrowded Tihar jail to outskirts

Delhi govt to shift overcrowded Tihar jail to outskirts

Rediff.com25 Mar 2025

Delhi Chief Minister Rekha Gupta announced plans to relocate Tihar Jail to the city's outskirts, allocating Rs 10 crore in the 2025-26 budget for survey and consultancy services related to the move. The decision comes amid severe overcrowding at the prison complex, which currently houses over 19,000 inmates despite being designed for approximately 10,025. The Delhi government has also initiated the development of new prison complexes in Narela to alleviate congestion. While a short-term proposal for retrofitting and vertical extension of the jail has been made, the chief minister did not disclose any date for the shifting plans. Additionally, the government will prioritize procurement of products manufactured by inmates in Tihar, Rohini, and Mandoli jails, aiming to boost their earnings and provide them with better opportunities for rehabilitation.

'India Missed Opportunity To Take Back Parts Of PoK'

'India Missed Opportunity To Take Back Parts Of PoK'

Rediff.com14 May 2025

'Had Haji Pir and/or Skardu been taken, the message would have gone out not just to General Asim Munir and his cohort in the Pakistan army but to the Pakistani people that every terrorist incident in India would lead to substantial loss of territory in PoK.'

50+ Firms Join Race For India AI

50+ Firms Join Race For India AI

Rediff.com3 Mar 2025

Nearly a dozen firms have shown interest in building the foundation model and LLMs, while others have proposed sector-specific SLMs.

No denotification of Waqf properties till May 5, govt tells SC

No denotification of Waqf properties till May 5, govt tells SC

Rediff.com17 Apr 2025

The Centre on Thursday assured the Supreme Court that it will neither denotify Waqf properties, including "Waqf by user", nor make any appointments to the central Waqf council and boards till May 5.

'We Have Doubled Our Exposures To India'

'We Have Doubled Our Exposures To India'

Rediff.com19 Mar 2025

'Expect India to keep doing well irrespective of geopolitics.'

Maruti Rolls Out Scheme To Encourage EV Adoption

Maruti Rolls Out Scheme To Encourage EV Adoption

Rediff.com31 Jan 2025

MSIL, which currently has a subscription service that allows customers to lease its petrol-run and strong hybrid vehicles on a flexible, long-term basis without ownership commitments, will introduce a leasing service as well.

Former vice chief of army staff is Prashant Kishor's bypoll pick

Former vice chief of army staff is Prashant Kishor's bypoll pick

Rediff.com16 Oct 2024

Prashant Kishor's Jan Suraaj Party on Wednesday named former vice chief of army staff, Lieutenant General Krishna Singh, as its candidate for the bypoll to Tarari assembly seat in Bihar.

Jai Hind Ki Sena!

Jai Hind Ki Sena!

Rediff.com4 Mar 2025

Every Indian must visit the National War Memorial in Delhi where every soldier who made the supreme sacrifice for the Motherland is remembered in gold letters.

Passenger train derails in Tamil Nadu, major accident averted

Passenger train derails in Tamil Nadu, major accident averted

Rediff.com14 Jan 2025

A coach of a MEMU train bound for Puducherry derailed near Villupuram on Tuesday, averting a major accident as the loco pilot noticed it and quickly halted the train. No one was injured and train services were restored within three hours. An inquiry has been ordered to determine the cause of the derailment.

NIA focuses Rana probe on Lashkar link; may take him to key locations

NIA focuses Rana probe on Lashkar link; may take him to key locations

Rediff.com11 Apr 2025

The National Investigation Agency (NIA) has begun questioning Tahawwur Hussain Rana, the mastermind behind the 2008 Mumbai terror attacks, to uncover the larger conspiracy behind the deadly strikes. Rana, who was extradited from the US, is being held at the NIA headquarters in New Delhi. The interrogation is focused on his possible connection with the Lashkar-e-Taiba (LeT) and his suspected links with the Pakistani spy agency Inter-Services Intelligence (ISI).

26 killed as Lashkar offshoot targets tourists in J-K's Pahalgam

26 killed as Lashkar offshoot targets tourists in J-K's Pahalgam

Rediff.com23 Apr 2025

Terrorists opened fire at a popular tourist spot near Kashmir's Pahalgam town on Tuesday afternoon, killing 26 people, mostly holidayers from other states, in what is the deadliest attack in the Valley since the Pulwama strike in 2019.

V-Day: Want To Go For A Helicopter Ride?

V-Day: Want To Go For A Helicopter Ride?

Rediff.com11 Feb 2025

Your ultimate guide to helicopter rides in India this Valentine's Day

Give Agniveers A Chance!

Give Agniveers A Chance!

Rediff.com10 Jul 2024

Such public domain discussions affect their morale and dedication -- and that, if anything, will definitely affect combat-effectiveness, asserts Vice Admiral Biswajit Dasgupta (retd).

How the markets will fare this week

How the markets will fare this week

Rediff.com9 Mar 2025

Global trends, macroeconomic announcements and US tariff developments are expected to drive stock markets in a holiday-shortened week, analysts said. Market participants will also closely track foreign investor activity, geopolitical tensions, and their impact on the US dollar and crude oil prices, they added.

The many firsts at 76th Republic Day Parade

The many firsts at 76th Republic Day Parade

Rediff.com27 Jan 2025

The 76th Republic Day parade in New Delhi featured many firsts, including the debut of the Pralay missile, a tri-services tableau, and a performance by 5,000 folk and tribal artists. The parade also showcased the Army's automated battle surveillance system SANJAY and a contingent from Indonesia. Captain Dimple Singh Bhati, the first woman Army officer, presented a salute to President Droupadi Murmu on a motorcycle.

Some equity research firms shutting shops after Sebi's guidelines

Some equity research firms shutting shops after Sebi's guidelines

Rediff.com22 Jan 2025

Markets regulator Sebi's new guidelines on research analysts (RAs) are forcing several equity research firms publicly announcing plans to shut down their shops due to heightened compliance and operational requirements. The Securities and Exchange Board of India (Sebi), on January 8, came out with guidelines for Research Analysts in a bid to curb fraudulent stock recommendations and illegal practices in the securities market.

World Health Day: 10 Tips For First-Time Moms

World Health Day: 10 Tips For First-Time Moms

Rediff.com7 Apr 2025

Writing your thoughts in a journal, listening to music or doing deep breathing exercises will do wonders for the mental well-being of new mothers, says Dr Kaishreen Khan, consultant-obstetrician and gynaecologist, Motherhood Hospitals.

Plea in SC for FIR against Delhi HC judge over cash recovery

Plea in SC for FIR against Delhi HC judge over cash recovery

Rediff.com24 Mar 2025

A plea in the Supreme Court of India seeks a direction to Delhi Police to lodge an FIR over the alleged discovery of semi-burnt stash of cash from the official residence of Delhi High Court judge Yashwant Varma. The plea challenges a 1991 judgement that prohibits criminal proceedings against judges without prior consent from the Chief Justice of India, arguing it violates the principle of equality before the law. It also seeks to declare the collegium's 3-member committee investigating the incident as having no jurisdiction and calls for action against corruption within the judiciary.

19-year-old Meena shatters pole vault record to win gold

19-year-old Meena shatters pole vault record to win gold

Rediff.com10 Feb 2025

Dev Kumar Meena bettered the previous National record of 5.31m set by Subramani Siva while winning the gold in the 2022 Games in Gujarat.

Why India Inc is opting for long-term borrowing

Why India Inc is opting for long-term borrowing

Rediff.com16 Jan 2025

With short-term rates firming up due to tight liquidity conditions, Indian corporates are opting to borrow long term to take advantage of the attractive rates by locking them in these uncertain times. The banking system has a liquidity deficit of over Rs 2 trillion. According to market participants, engineering conglomerate Larsen & Toubro (L&T) raised Rs 1,500 crore through 10-year bonds in December 2024.

History in Minutes: Major Who Saved Tawang From China

History in Minutes: Major Who Saved Tawang From China

Rediff.com21 Mar 2025

Major Khathing was the first man to hoist the Indian flag in Tawang. He also brought Bum La under Indian control.

Putin Has To Tread Carefully With Trump

Putin Has To Tread Carefully With Trump

Rediff.com14 Mar 2025

'There is no question that Putin's preference will be to avoid unpleasantness with Trump, leave alone a collision course,' observes Ambassador M K Bhadrakumar.

'Markets Are Testing Investors' Patience'

'Markets Are Testing Investors' Patience'

Rediff.com10 Mar 2025

'This is also a time when you realise that short-term trading and dabbling in derivatives may result in financial losses.'

How Will Trump Change The World On April 2?

How Will Trump Change The World On April 2?

Rediff.com1 Apr 2025

We have entered a new era in human history, asserts Aakar Patel.

FPIs' incessant selling continues; withdraw Rs 7,300 cr

FPIs' incessant selling continues; withdraw Rs 7,300 cr

Rediff.com9 Feb 2025

The exodus of FPIs from the Indian equity markets continued unabated, as they withdrew over Rs 7,300 crore (about $840 million) in the first week of this month due to global trade tensions, with the US imposing tariffs on countries such as Canada, Mexico, and China. This came following an outflow of Rs 78,027 crore in the entire January. Before that, they invested Rs 15,446 crore in December, data with the depositories showed.

Tahawwur Rana lands in Delhi, NIA records arrest

Tahawwur Rana lands in Delhi, NIA records arrest

Rediff.com10 Apr 2025

Tahawwur Hussain Rana, a key accused in the 26/11 Mumbai terror attacks, was brought to India on Thursday after being "successfully extradited " from the US, the National Investigation Agency (NIA) said. The 64-year-old Canadian citizen of Pakistani origin landed in Delhi in a special plane on Thursday evening, ending days of speculation of when and how he will be extradited, officials said. The NIA said in a statement that it had secured the successful extradition after years of sustained and concerted efforts to bring to justice the key conspirator behind the 2008 mayhem that claimed 166 lives. Rana is accused of conspiring with David Coleman Headley alias Daood Gilani, and operatives of designated terrorist organisations Lashkar-e-Taiba (LeT) and Harkat-ul-Jihadi Islami (HUJI) along with other Pakistan-based co-conspirators, to carry out the the three-day terror siege of India's financial capital.

Rest In Peace, Voice Of America

Rest In Peace, Voice Of America

Rediff.com4 Apr 2025

What despots and dictators, jammers and competitors, had not managed to do in 83 years -- what the Soviet Union had failed to counter during the Cold War; what China had failed to crush during the Tiananmen Square uprising -- a US President had succeeded with his own hand, notes Krishna Prasad.

National Games: Kujur, Yarraji shine with sprint golds

National Games: Kujur, Yarraji shine with sprint golds

Rediff.com11 Feb 2025

Rising sprinter Animesh Kujur and star hurdler Jyothi Yarraji picked up their third and second gold medals respectively at the National Games.

Sindhu's All England hopes dashed in opening round

Sindhu's All England hopes dashed in opening round

Rediff.com13 Mar 2025

India's top women's singles shuttler, PV Sindhu, suffered a disappointing first-round exit at the All England Open 2025, bowing out to South Korea's Kim Ga Eun in a hard-fought three-game match 21-19, 13-21, 13-21.

'Welcome home', Biden tells Trump at White House

'Welcome home', Biden tells Trump at White House

Rediff.com20 Jan 2025

US President Joe Biden greeted his successor Donald Trump at the White House with the message "welcome home" as Trump's motorcade arrived at the official presidential residence. Biden and Trump then went inside the White House for their traditional tea. Trump, 78, will be sworn in as the 47th president of the United States, succeeding Biden, 82. The ceremony has been moved inside the Rotunda from outside the Capitol Hill facing the majestic National Mall.

'Do it, or we will': SC to Centre on women coast guards

'Do it, or we will': SC to Centre on women coast guards

Rediff.com26 Feb 2024

Declaring that women cannot be left out, the Supreme Court on Monday told the Centre to ensure that women are granted permanent commission in the Indian Coast Guard and said the court will do it if the government doesn't.

'Putin Is A Liar'

'Putin Is A Liar'

Rediff.com15 Apr 2025

'Putin dreams about his legacy. He wants to forcibly restore the Russian empire.' 'Unfortunately, after three years of large-scale war with massive human losses, Putin will not budge from his goal because human life is the cheapest resource in the Russian State.'

SC orders govt to grant permanent commission to woman Army officer

SC orders govt to grant permanent commission to woman Army officer

Rediff.com9 Dec 2024

The Supreme Court of India has ordered the Union government to grant a permanent commission to a woman officer in the Army Dental Corps who was denied benefits given to similarly placed officers. The court ruled that the woman officer was wrongly excluded from consideration and that the principle of "what is sauce for the goose ought to be sauce for the gander" applies in this case. The court directed the government to implement the order within four weeks and to extend all consequential benefits, including seniority, promotion, and monetary benefits, to the officer.

Trump opens up on his viral moment with Obama

Trump opens up on his viral moment with Obama

Rediff.com11 Jan 2025

United States President-elect Donald Trump opened up about the viral moment between him and former President Barack Obama, acknowledging the seemingly warm interaction that was captured during the funeral of former President Jimmy Carter, Politico reported.