News for 'Strategic Working Group'

India to continue as part of developing country group

India to continue as part of developing country group

Rediff.com16 Sep 2015

Negotiators from 13 countries spent a day and a half behind closed doors.

Take long-term view, place border issue in appropriate position: China responds

Take long-term view, place border issue in appropriate position: China responds

Rediff.com28 Apr 2023

After India firmly told China that its violation of the border pacts has "eroded" the entire basis of bilateral ties, China's defence ministry on Friday said the situation at the border is "generally stable" and both sides should put the boundary issue in an "appropriate position" and promote its transition to "normalised management".

'No second thoughts on Great Nicobar Port'

'No second thoughts on Great Nicobar Port'

Rediff.com11 Apr 2023

'An area of land has already been earmarked for their protected habitation.' 'There are also steps being taken to take care of the coral zone and mangroves.'

Pak out of FATF grey list after 4 years, big relief to cash-strapped country

Pak out of FATF grey list after 4 years, big relief to cash-strapped country

Rediff.com21 Oct 2022

Significantly, for the first time, the FATF put Myanmar in the "high risk jurisdictions subject to a call for action", often referred to as the watchdog's black list.

A new fintech world is upon us amid funding drought, lower valuations

A new fintech world is upon us amid funding drought, lower valuations

Rediff.com29 May 2023

In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.

Quad leaders go into first in-person summit in White House

Quad leaders go into first in-person summit in White House

Rediff.com25 Sep 2021

Prime Minister Narendra Modi along with his counterparts from Australia and Japan on Friday attended the first in-person meeting of Quad leaders hosted by US President Joe Biden during which they plan to discuss issues like climate change, Covid-19 pandemic and challenges in the Indo Pacific, amidst China's growing military presence in the strategic region.

Xi, Sharif to attend virtual SCO meet hosted by India

Xi, Sharif to attend virtual SCO meet hosted by India

Rediff.com30 Jun 2023

At the invitation of Prime Minister Narendra Modi, President Xi Jinping and PM Shehbaz Sharif will attend via video conference, the 23rd meeting of the Council of Heads meeting of the SCO on July 4.

Difficult to eject Russian troops from Ukraine in 2023: US general

Difficult to eject Russian troops from Ukraine in 2023: US general

Rediff.com21 Jan 2023

That does not mean it cannot and will not happen, General Mark Milley, chairman of the US Joint Chiefs of Staff, said on Friday.

'LIC keeps investing in companies...'

'LIC keeps investing in companies...'

Rediff.com17 Feb 2023

'In equities, it has diversified portfolios.' 'So the short-term movement of individual stocks does not impact them.'

JLR says it's business as usual; Tata Group stocks hit hard

JLR says it's business as usual; Tata Group stocks hit hard

Rediff.com24 Jun 2016

'Jaguar Land Rover will manage the long-term impact and implications of this decision.'

Chintan Shivir: Cong plans 50% quota for SCs, STs, minorities in party

Chintan Shivir: Cong plans 50% quota for SCs, STs, minorities in party

Rediff.com14 May 2022

Noting that a very important policy for advancement of SCs and STs was Schedules Caste Sub-Plan and Tribal Sub-Plan, Raju said the group has recommended a central and states' legislation on them.

ED grills ex-Mumbai CP Sanjay Pandey in NSE co-location case

ED grills ex-Mumbai CP Sanjay Pandey in NSE co-location case

Rediff.com6 Jul 2022

The agency recorded his statement under criminal sections of the Prevention of Money Laundering Act (PMLA), officials said.

India right country at right time to host G20 summit, says Rishi

India right country at right time to host G20 summit, says Rishi

Rediff.com8 Sep 2023

Emphasising that various issues are on agenda at the G20 under India's leadership.

How foreign media covered Chandrayaan-3 landing

How foreign media covered Chandrayaan-3 landing

Rediff.com24 Aug 2023

From The New York Times to BBC and The Guardian to The Washington Post, the historic event in India's space programme on Wednesday made headlines across the globe.

Godrej may charge group firms royalty for use of brand name

Godrej may charge group firms royalty for use of brand name

Rediff.com19 Nov 2014

The $2.25-billion Godrej Group is considering leasing its flagship name to group companies for a royalty fee, a model similar to the one adopted by Tata Group, India's largest conglomerate.

'It would be a mistake to allow private sector corporate groups to own banks'

'It would be a mistake to allow private sector corporate groups to own banks'

Rediff.com18 Feb 2021

'We still need a certain number of large public sector banks for financial inclusion and stability purposes.'

BMW India CEO Rudratej Singh passes away at 46

BMW India CEO Rudratej Singh passes away at 46

Rediff.com20 Apr 2020

His transformational vision and strategic orientation played a crucial role in navigation of BMW Group India in a challenging business environment.

Nick Walker is new CEO of Vedanta Cairn Oil and Gas

Nick Walker is new CEO of Vedanta Cairn Oil and Gas

Rediff.com19 Jan 2023

Vedanta's Cairn Oil & Gas on Thursday announced the appointment of Nick Walker as the new chief executive officer (CEO) of the company. In a statement, the company said the appointment is effective January 5. "Before this appointment, Walker was president and chief executive officer at Lundin Energy, one of the leading European independent E&P companies," it said.

US offers all support to make India's G20 presidency a success

US offers all support to make India's G20 presidency a success

Rediff.com25 Feb 2023

Blinken will also attend a meeting of the foreign ministers of the Quad grouping and will hold bilateral talks with his Indian counterpart S Jaishankar in Delhi.

FIFA WC: Will Paqueta be missing in Brazil's lineup?

FIFA WC: Will Paqueta be missing in Brazil's lineup?

Rediff.com27 Nov 2022

"I have already made my decision but will not disclose until game time," Tite said.

Lesson for Go First from Jet Airways' insolvency: Restart quickly

Lesson for Go First from Jet Airways' insolvency: Restart quickly

Rediff.com24 May 2023

Both Jet Airways and Go First have met with a similar fate of landing up in insolvency, albeit for different reasons. Whether Go First will be able to avoid the sharp erosion in value like in the case of Jet, experts say, will depend on how quickly it is able to restart operations and retain its slots at airports. Go First, owned by the Wadia group, filed for voluntary corporate insolvency resolution on May 2 due to inadequate capacity utilisation that led to a cash crunch.

Modi, Abe ask Pakistan to act against 26/11 accused

Modi, Abe ask Pakistan to act against 26/11 accused

Rediff.com14 Sep 2017

The two PMs called upon all countries to work towards rooting out terrorist safe havens and infrastructure.

Red Fort's Tryst With India's Destiny

Red Fort's Tryst With India's Destiny

Rediff.com14 Aug 2023

Jawaharlal Nehru did not unfurl the Tricolour at the Red Fort on August 15, 1947. But, in a gesture of nationalistic symbolism -- one that has endured by repetition over the 76 years of independent India -- Nehru took to the ramparts at Red Fort's Lahori Gate on August 16, 1947, unfurled the Tricolour there and delivered his first Independence Day speech.

India to upgrade airfield near China border for fighter jets

India to upgrade airfield near China border for fighter jets

Rediff.com27 Oct 2022

The capability of operating fighter aircraft from this area would strengthen the air force's ability to tackle any misadventures by the adversary in a faster way.

Pak remains on global terror funding watchdog's grey list: Report

Pak remains on global terror funding watchdog's grey list: Report

Rediff.com5 Mar 2022

Pakistan has been on the grey list of the Paris-based Financial Action Task Force since June 2018 for failing to check money laundering, leading to terror financing, and was given a plan of action to complete it by October 2019.

2D films to 3D: Rel MediaWorks partners In-Three

2D films to 3D: Rel MediaWorks partners In-Three

Rediff.com7 Dec 2009

The strategic alliance between the two companies would address the rapidly growing demand of Hollywood studios for converting both new films shot in 2D as well as older film released in cinemas and on home platforms into the 3D format, Reliance MediaWorks said in a filing to the Bombay Stock Exchange.

Vikrant: A Giant Leap For Indian Navy

Vikrant: A Giant Leap For Indian Navy

Rediff.com2 Sep 2022

The Indian Navy has a big role to play in support of our strategic objectives in the Indian Ocean. The increasing Chinese presence in the Indian Ocean is a matter of concern and need to be factored. Hence, the requirement of an Aircraft Carrier is a foregone conclusion, asserts Commodore Venugopal Menon (retd).

In first meet with Xi, Biden brings up China's policies in Taiwan, Tibet, Hong Kong

In first meet with Xi, Biden brings up China's policies in Taiwan, Tibet, Hong Kong

Rediff.com14 Nov 2022

US President Joe Biden and his Chinese counterpart Xi Jinping on Monday held their first in-person meeting in Bali, with both leaders underscoring the need to manage their differences and prevent a conflict, amid Beijing's coercive military posturing against Taiwan and in the strategic Indo-Pacific region.

This deal will see the single-biggest outflow of foreign capital from India

This deal will see the single-biggest outflow of foreign capital from India

Rediff.com11 May 2022

The much-talked-about sale of Ambuja Cement and ACC by Holcim Group will see the single-biggest outflow of foreign capital from the country if the two cement firms are acquired by Indian investors. The deal, valued at nearly $10.35 billion, will put in the shade Cairn Energy Plc's exit from India in 2010, when it sold Cairn India to Vedanta Group for $4.48 billion. According to various reports, big business groups such as AV Birla, JSW Group, and Adani Group are in the fray to acquire Holcim's assets in India.

A 'force for global good,' says Modi at Quad summit

A 'force for global good,' says Modi at Quad summit

Rediff.com25 Sep 2021

India, Australia, Japan and the US on Friday pledged to work together for ensuring peace and prosperity of the Indo-Pacific and the world, as top leaders of the Quad grouping announced a slew of new initiatives to take on common challenges, amidst muscle flexing by an assertive China in the strategic region.

Baba Kalyani's 'Make in India' work starts with import strategy

Baba Kalyani's 'Make in India' work starts with import strategy

Rediff.com16 Dec 2014

Using available government data, the team is targeting $30-40 billion worth of iron and steel products that are imported into India.

Bharti Telecom to buy 3.33% Airtel stake from Singtel

Bharti Telecom to buy 3.33% Airtel stake from Singtel

Rediff.com25 Aug 2022

Bharti Airtel promoter Bharti Telecom will buy a 3.33 per cent Airtel stake from Singtel for 2.25 billion Singapore dollars or about Rs 12,895 crore in 90 days' time, the telecom operator said on Thursday. Bharti Group chairman Sunil Bharti Mittal's family and Singtel are co-investors in Bharti Telecom (BTL). Singtel in a statement said that after the transaction, Singtel Group is expected to own an effective stake of 29.7 per cent in Bharti Airtel, which is estimated to be worth SGD 22 billion (about Rs 1.26 lakh crore).

Govt to snip red-tape in PSU sale approval, cut time frame by 90%

Govt to snip red-tape in PSU sale approval, cut time frame by 90%

Rediff.com7 Apr 2021

The idea is to do away with the need for the approval of the Core Group of Secretaries on Divestment for privatisation of companies, especially in non-strategic sectors.

UK foreign secy raises BBC issue, Jaishankar bats it down

UK foreign secy raises BBC issue, Jaishankar bats it down

Rediff.com1 Mar 2023

All entities operating in India must fully comply with relevant laws, External Affairs Minister S Jaishankar Wednesday told his British counterpart James Cleverly, who raised the BBC tax surveys issue during a meeting with him.

You Can Become Chief Minister Only if You Have The MLAs

You Can Become Chief Minister Only if You Have The MLAs

Rediff.com11 May 2023

The two main factions in Karnataka's Congress party -- one led by Siddaramaiah and the other by D K Shivakumar -- are both contenders for the chief ministership. Both groups have fought hard to get their choice of MLAs the party ticket, notes Aditi Phadnis.

ASK HR GURU: Is it okay to moonlight?

ASK HR GURU: Is it okay to moonlight?

Rediff.com1 Nov 2022

HR Guru Mayank Rautela offers practical advice.

Why India Needs Another Aircraft Carrier

Why India Needs Another Aircraft Carrier

Rediff.com16 Aug 2022

The navy is pushing hard for IAC-2 to be a 65,000-tonne, flat deck carrier that is designed and built in India, with technical and tactical consultation from the US navy -- the global masters in aircraft carrier operations.

Army reorienting, rebalancing troops along China border in Arunachal

Army reorienting, rebalancing troops along China border in Arunachal

Rediff.com7 Sep 2022

The Indian Army is effecting a major "reorientation" and "rebalancing" of its troops in the strategically sensitive areas along the Line of Actual Control (LAC) in Arunachal Pradesh, with a top general saying its overall combat readiness in the region is of a "very high order."

Ola CEO Bhavish Aggarwal to focus more on long-term strategy

Ola CEO Bhavish Aggarwal to focus more on long-term strategy

Rediff.com13 Apr 2022

Ola founder and chief executive officer (CEO) Bhavish Aggarwal will step back from day-to-day operations to focus more on engineering functions, team building, and products, apart from focusing on long-term strategic projects, such as two-wheelers, cars, and innovations in quick commerce and international expansion. "I'll be spending more time with all engineering functions, team building, and on products," said Aggarwal in an internal note, adding, "I'll also be increasing my focus on our longer-term strategic projects, including new two-wheeler products, our car project, innovations in quick commerce, electrifying ride-hailing, our cell research and development (R&D), international expansion, building our Pune technology (tech) centre, and Futurefoundry UK." To drive scale, speed, and quality, Aggarwal said he is expanding Ola Group's chief financial officer (CFO) G R Arun Kumar's role to help him steer 'day-to-day operations' across the group.

NSA Ajit Doval leads A-team to US for crucial talks on emerging tech

NSA Ajit Doval leads A-team to US for crucial talks on emerging tech

Rediff.com30 Jan 2023

National Security Advisor Ajit Doval will hold crucial talks with the top US leadership, including his counterpart Jake Sullivan, on the first high-level dialogue on Initiative for Critical and Emerging Technologies (iCET).