Expecting the Indian economy to sustain 7 to 9 per cent growth, leading French bank Societe Generale on Wednesday launched a private banking facility to tap $560 billion assets of the growing upper class Indians.
The Securities and Exchange Board of India (Sebi) on Monday issued a show cause notice and prohibited foreign institutional investor (FII) Societe Generale from issuing, subscribing or transacting in off-shore derivative instruments (ODIs), which are also known as participatory notes, or PNs.
Indian equities are in a multi-year bull story with capex cycle recovery as the main driver.
The job cuts comes in the wake of the banking sector, especially investment banking activities, facing difficult times amid the persisting European debt turmoil.
Bihar DGP Vinay Kumar expressed concern over the increasing frequency of gang-rape incidents in the state, attributing it to growing social tolerance and calling for stricter implementation of laws and a change in mindset.
Congress leader Kumari Selja expresses concern over the NCRB report highlighting a surge in crimes against children in Haryana, urging the state government to take immediate action.
A new study suggests that dreams are not random but reflect a complex interplay between personal traits, external events like the COVID-19 pandemic, and individual experiences.
A Delhi court has sentenced two CBI officers to three months' imprisonment for assaulting and trespassing into the residence of an IRS officer during a raid two decades ago.
The Open Quantum Institute (OQI), a joint initiative by Geneva Science and Diplomacy Anticipator (GESDA) and CERN, aims to ensure equitable access to quantum computing when it becomes widely available, fostering international cooperation and addressing societal implications.
The Open Quantum Institute, a joint initiative by GESDA and CERN, aims to ensure that quantum computing is accessible to all when it becomes widely available, fostering global collaboration and capacity building.
A top Swiss official has emphasised the growing importance of science and technology in international affairs, leading Switzerland to prioritise anticipatory science diplomacy in its foreign policy. Collaboration with India reflects a shared vision between two global innovation leaders.
Researchers have developed an AI algorithm capable of generating intricate 'sikku' kolam patterns, traditionally drawn by hand in South India. This innovative approach transforms a cultural art form into a complex computational challenge, with potential applications in various fields.
Researchers have developed an AI algorithm capable of generating intricate 'sikku' kolam patterns, an ancient Indian art form traditionally drawn by hand. The algorithm transforms this cultural practice into a complex computational challenge with potential applications in various technical fields.
Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. On July 26, 2023, the Mumbai-based diversified firm had announced the acquisition of a 3.53 per cent stake in RBL Bank as a treasury investment at a cost of Rs 417 crore.
'People don't believe that a 15-year-old girl subjected to sexual intercourse within a marriage is a victim of rape.'
'I will not be surprised if there is a 7 per cent handle in front of the decimal place for the full financial year.'
A fundraiser launched to support Nagamallaiah's wife, Nisha, and 18-year-old son, Gaurav - who witnessed the attack - has raised nearly $200,000, at last reckoning, to help cover funeral expenses and Gaurav's college education.
'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'
US President Donald Trump has condemned the murder of an Indian-origin motel manager in Dallas, allegedly by an undocumented Cuban immigrant, blaming the Biden administration's immigration policies.
The Supreme Court has raised concerns about discrimination against persons with disabilities in employment, questioning the Centre on the lack of 'upward movement' for meritorious candidates. The court also ordered nationwide monitoring of care institutions for persons with cognitive disabilities.
No author in the Malayalam literary canon has influenced and profoundly changed the way normal people interact with each other than the ever-relevant, eclectic yet elusive body of work left behind by MT Vasudevan Nair, notes Arjun Menon.
Some of the suggested strategies include making thoughtful trade-offs between career choices and family responsibilities to avoid the guilt of not spending adequate time with elders and children at home; resisting the pressure to be a 'superwoman' by trying to manage everything alone; demanding, negotiating, and selecting jobs with flexible working hours; exploring work-from-home options; choosing an appropriate time for a career break; upskilling to re-enter the workforce after a break; and communicating openly with family members -- including spouse and in-laws -- about the support needed to grow professionally and the challenges faced at work, highlights N Ravichandran.
Reliance Industries (RIL), India's largest conglomerate, is set to pivot into a deeptech and advanced manufacturing enterprise, chairman and managing director (CMD) Mukesh Ambani said. "In artificial intelligence, our purpose is clear: to address complex societal challenges and create wealth for the nation and its people.
'The quality of justice is directly linked to the quality of judges -- if that suffers, justice delivery suffers.'
Until they were arrested on charges of murdering their husbands. That they were women from small towns who broke out of stereotype in the most brutal way possible led to sensational headlines, frantic curiosity and also gave fodder to a series of misogynistic memes and jokes.
Justice Vinod Diwaker made the observation while rejecting a plea to cancel an FIR against four people accused under the Uttar Pradesh Prohibition of Unlawful Religious Conversion Act, 2021.
'At Keeladi, we have not come across any evidence for organised religion.'
While MBBS continues to be the most sought-after stream for medical aspirants, post pandemic, the demand for skilled nurses and physiotherapists are on the rise, notes Nayagam PP, career counsellor and founder of EduJob360.
Japanese conglomerate Softbank's arm SVF Doorbell (Cayman) on Wednesday divested 3.8 per cent of its stake in supply chain company Delhivery for Rs 954 crore through open market transactions. Saudi Arabian Monetary Authority, City of New York Group Trust, Societe Generale, BNP Paribas Arbitrage, Morgan Stanley Mauritius, Baillie Gifford Emerging Markets Equities Fund were among the buyers of shares.
Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani's conglomerate, plans to raise $409 million through US dollar-denominated bonds to repay a debt obligation falling this year. In a regulatory filing, the company said the bond will have a door-to-door tenor of 18 years. The proceeds will be used to redeem the $500 million 6.25 per cent senior secured notes due 2024, it said adding these notes were issued on June 10, 2019.
'In end-December 2015, Nifty would end at 8,600 and Sensex at 28,000.'
While data can empower communities, it reinforces identities, making local politics more caste-centric, with decisions increasingly contested on the grounds of representation.
Such dynamics could lead to shifting alliances and, in the worst case, local governance getting paralysed as each group demands proportional power-sharing, explain Amitabh Kundu and Mehebub Rahaman.
'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'
This Women's Day Week, we pay tribute to the extraordinary courage, resilience, and leadership of three iconic Indian queens -- Rani Lakshmibai of Jhansi, Rani Chennamma of Kittur, and Maharani Ahilyabai Holkar of Malwa.
Adani Green Energy (AGEL) on Tuesday announced it has secured a funding of $1.36 billion from a consortium of international banks as part of its construction financing framework. The $1.36-billion senior debt facility will enhance the company's funding pool to $3 billion since initial project financing in March 2021, AGEL said in a statement. According to the statement, AGEL, India's largest and world's leading renewable energy player, announced a follow-on funding of $1.36 billion to further boost its construction financing framework to $3 billion backed by a consortium of renowned international banks.
Soros, 94, in the recent past has spoken openly against Prime Minister Narendra Modi. The ruling BJP believe that he tried to interfere in Indian elections.
Contra-dating is all about pushing boundaries. rediffGURU Ravi Mittal, CEO of online dating app Quack Quack, lists 10 reasons why everyone should try it at least once.
Divya Nair/Rediff.com speaks to students and experts to find out whether it is better to study management in India or try for an international MBA.
The Indian Diaspora has been able to carve a niche in their adopted countries as a result of their talent, perseverance and hardworking nature, asserts Rup Narayan Das.
The United Nations General Assembly, heeding to a call by Prime Minister Modi, had made a declaration in December 2014 to observe June 21 every year as IDY.
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