Prosus, the Amsterdam-based technology investor with net assets valued at over $200 billion spanning payments to e-commerce, has identified India as one of its most critical growth markets, and is increasing its strategic investments here.
The core dilemma remains: Why provide further stimulus to an economy that is already booming at an 8 per cent growth rate? asks Rajeswari Sengupta.
They weren't up for a windfall even after the trophy but life was certain to get a lot better as some sponsors and state governments stepped up to lift them financially.
In terms of MLA salaries, Odisha is followed by Telangana (about Rs 2.7 lakh), Maharashtra (Rs 2.6 lakh), Manipur (Rs 2.5 lakh), and Uttar Pradesh (Rs 2.4 lakh).
Olympian Gurpreet Singh came agonisingly close to becoming the world champion in men's 25m Centre Fire Pistol event but eventually got a silver after losing on inner 10s to Ukraine's Pavlo Korostylov at the Olympic Shooting Range in Cairo.
Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.
Sanjay Malhotra has made structural changes to banking regulation to bring down costs and increase efficiency. Plus, he kicked off a benign interest regime. But there are challenges ahead.
University College London has recorded a 19 per cent and 26 per cent rise in undergraduate and postgraduate students from India for the 2026 term, indicating a preference for the UK over the US at a time when Indian students are facing visa uncertainties in US-based institutions.
The Union Cabinet on Friday approved 100 per cent foreign direct investment (FDI) in the insurance sector, a move that was welcomed by industry as it would help attract more capital and global expertise, while boosting insurance coverage in the country. A bill to amend the insurance law is likely to be tabled on Monday in Parliament, whose winter session is slated to conclude on December 19.
India and Russia have called for an uncompromising global fight against terrorism without hidden agendas and double standards. Prime Minister Narendra Modi asserted that the menace is a direct attack on the values of humanity.
Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. The events cumulatively slowed growth rate to single digits from the high teens seen earlier.
Indian Super League (ISL) clubs on Friday formally proposed a fundamental restructuring of the country's top-tier professional football league, seeking perpetual operational and commercial rights for a club-owned league model while retaining the All India Football Federation (AIFF) as the sport's regulator.
As the business head of Trent Hypermarket, Neville ensures that customers receive high-quality products that adhere to Tata standards.
Hockey India on Sunday said its internal inquiry into allegations of sexual misconduct against a coach of the junior women's team found no evidence.
'We operate in an economy that is structurally positioned for long-term growth. As market levels rise over time, our AUM grows in line.'
Delhi choked under a thick blanket of smog on Monday, with the Air Quality Index (AQI) settling at 498, which falls in the higher spectrum of 'severe' category.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Global index provider MSCI has announced the addition of four Indian companies-including Fortis Healthcare and Paytm - to its Global Standard indices. According to Nuvama Alternative & Quantitative Research, each of these companies is expected to see passive inflows exceeding $400 million. Shares of Paytm rose 4.3 per cent on Thursday, while Fortis Healthcare dipped 1.1 per cent.
India's second-largest telecom service provider Bharti Airtel will call in March 2026 the final tranche of about Rs 15,741 crore from its 2021 rights issue of Rs 21,000 crore, proceeds from which will be used towards retiring majority of non-government-related debt.
After completion of its mandatory tender offer in Fortis Healthcare and Fortis Malar Hospitals, Malaysian health care giant IHH Healthcare is aiming to add 2,000 beds in a bid to double down on value creation in India. IHH, which is Asia's largest multinational private healthcare provider, currently has over 5,000 beds across a combined network of 35 hospitals and 11 states.
The country also mounted bids on some high-profile continental and global events, including the 2031 World Athletics Championships with Ahmedabad as the proposed venue.
The operator's liability in the case of an incident is limited to 3,000 crore for reactors with thermal power above 3,600 Megawatt; 1,500 crore for reactors with thermal power between 1,500 Mw and 3,600 Mw; 750 crore for reactors with thermal power between 750 Mw and 1,500 Mw; 300 crore for reactors with thermal power between 150 Mw and 750 Mw; and 100 crore for reactors having thermal power up to 150 Mw, fuel cycle facilities other than spent fuel reprocessing plants and transportation of nuclear materials.
The Lokapriya Gopinath Bardoloi International Airport in Guwahati has inaugurated a new nature-themed terminal building, designed to handle 13.1 million passengers per year and serve as a key aviation hub for the northeast and a gateway to Southeast Asia.
A national rollout will take place after the pilot test in which SBI, PNB, Axis Bank, Bank of Maharashtra, Canara Bank, Kotak Mahindra Bank, IndusInd Bank, ICICI Bank, HDFC Bank, Indian Overseas Bank and Punjab & Sind Bank are participating.
The XEV 9S is poised to disrupt the market, specifically with its entry-level variant called the 'Pack One Above', which offers a level of equipment rarely seen in base models, writes Rajesh Karkera/Rediff.com.
The Directorate General of Civil Aviation (DGCA) is probing the incident reported on November 26. The regulator had asked the airline to carry out an internal probe to fix the responsibility and ensure that such incidents do not occur in the future.
The Supreme Court of India is considering formulating pan-India guidelines to prevent road accidents on expressways and national highways, following a fatal accident in Rajasthan. The court is focusing on the issue of illegal 'dhabas' and encroachments along highways as potential causes of accidents.
'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'
Liverpool could be 14th in the table by the time they kick off at West Ham on Sunday afternoon and they will be desperate to steady the ship with three points.
South Africa captain Temba Bavuma feels facing an Indian side with Virat Kohli and Rohit Sharma is nothing new.
Brookfield Asset Management will invest $1 billion to develop Asia's largest global capability centre (GCC) in Mumbai's Powai, the New York-based global alternative asset manager said in a statement on Friday. The infrastructure arm of Canada's investment firm will develop the campus across 6 acres with 2 million square feet that can be let out.
The Election Commission is set to publish the draft electoral rolls for West Bengal on Tuesday following the completion of the statewide Special Intensive Revision (SIR) ahead of the 2026 assembly polls. The publication of the draft rolls will mark the end of the enumeration phase and the beginning of a far more contentious stage - claims, objections and hearings that will stretch into February 2026.
'When the accused has a past record demonstrating unprecedented and unmatched criminality and perversion, I believe the interests of justice would have been better served if such a person remained behind bars.'
rediffGURU Anu Krishna suggests how to deal with a partner who doesn't contribute to house chores.
West Bengal Chief Minister Mamata Banerjee on Tuesday accepted Aroop Biswas's resignation as the sports minister in the wake of the controversy over the mismanagement of football icon Lionel Messi's event last week, a senior leader of the ruling Trinamool Congress said.
The United Nations has said that the verdict against Bangladesh's ousted prime minister Sheikh Hasina on charges of crimes against humanity is an 'important moment' for the victims, but expressed regret over the imposition of the death penalty.
Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies with 25 per cent or more shareholding, under the new Income Tax Act. This may possibly help some companies planning to go public, according to a source.
The Bill is likely to pave the way for amending two existing legislations -- the Atomic Energy Act 1962, and the Civil Liability for Nuclear Damage Act 2010.
A comprehensive study by AIIMS, Delhi, found no evidence linking COVID-19 vaccination to sudden deaths in young adults, emphasizing the safety of the vaccines and highlighting coronary artery disease as a leading cause of sudden death.
'Because of the size and complexity of the economy, we can address almost every job that is there, from agriculture farming to healthcare.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances