News for 'System Business Group'

Stocks brokers to face 'financial disincentives' for tech glitches in their trading systems

Stocks brokers to face 'financial disincentives' for tech glitches in their trading systems

Rediff.com25 Nov 2022

Markets watchdog Sebi on Friday directed stock exchanges to impose "financial disincentives" on stock brokers for technical glitches at their end, amid instances of snags at the brokers' end impacting the overall trading system. Besides, the stock brokers would have to inform the bourses within one hour of any glitch happening in their trading sysstems as well as submit a preliminary incident report in one day. As part of tightening the regulations, Sebi also said that the bourses should disseminate on their websites the instances of technical glitches occurring in the trading systems of stock brokers along with the Root Cause Analysis (RCA) of such issues.

US businesses urge Biden to press India on concerns

US businesses urge Biden to press India on concerns

Rediff.com23 Jul 2013

The letter was the latest sign of US frustration about the business environment in India.

RBI imposes biz restrictions on Edelweiss

RBI imposes biz restrictions on Edelweiss

Rediff.com30 May 2024

The Reserve Bank on Wednesday imposed business restrictions on Edelweiss Group's lending and asset reconstruction arms on concerns over evergreening of loans. The central bank has asked ECL Finance Ltd (ECL) to cease and desist from undertaking any structured transactions in respect of its wholesale exposures, other than repayment and/or closure of accounts, an official statement said.

Foxconn Betting Big on South India

Foxconn Betting Big on South India

Rediff.com19 Aug 2024

Foxconn's business in India has grown to over $10 billion till 2024.

Tata group warns UK over harsh business tax regime

Tata group warns UK over harsh business tax regime

Rediff.com25 Aug 2014

But there are fears that any reform could be reduced to tweaking because the tax is so lucrative.

AI Takes Over Delhi Election Campaign

AI Takes Over Delhi Election Campaign

Rediff.com9 Jan 2025

From dubbing voices to putting faces with the help of AI, political campaigns are undergoing a Bollywood makeover. Among the favourites is a scene from the Anil Kapoor-starrer Nayak, posted by the BJP, where Kapoor asks about the Chunaavi Vaade (poll promise), with Arvind Kejriwal at the receiving end instead of Amrish Puri.

2025: Top 10 Stocks To Watch Out

2025: Top 10 Stocks To Watch Out

Rediff.com2 Jan 2025

These 10 stocks represent the best mix of value and growth, offering relatively low price-to-earnings and price-to-book ratios, a high return on equity, and sufficiently high potential from current levels.

How To Prepare For XAT 2025

How To Prepare For XAT 2025

Rediff.com22 Oct 2024

Preparing for the XAT requires a balanced approach, focusing on conceptual understanding, regular practice, and strategic planning, says Rahul K Shukla, convenor, XAT and admissions, XLRI-Xavier School of Management.

'Putting coal-fired plants is like committing a sin'

'Putting coal-fired plants is like committing a sin'

Rediff.com17 Aug 2024

'With technology advancing, we should go all out and put up solar, wind, pumped storage, and battery, and make India go green.'

LIC earmarks Rs 600 crore for digital shift; to be 'paperless' in 2 years

LIC earmarks Rs 600 crore for digital shift; to be 'paperless' in 2 years

Rediff.com19 Sep 2024

State-run Life Insurance Corporation of India (LIC) has committed Rs 600 crore for its digital transformation journey, Sunder Krishnan, chief risk officer said on Wednesday. The insurance giant is also aiming to become completely "paperless" in two years. "We have hired a large system integrator for more than Rs 400 crore, a consultant for digital transformation for Rs 100 crore, and Rs 100 crore for agency transformation.

'Ratan Tata Always Displayed His Kindness'

'Ratan Tata Always Displayed His Kindness'

Rediff.com12 Nov 2024

'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'

'Rakesh Jhunjhunwala Inspires New Investors'

'Rakesh Jhunjhunwala Inspires New Investors'

Rediff.com17 Oct 2024

'More investors now view the stock market as a valuable opportunity, though many still seek quick gains, leading to a rise in futures and options trading.'

Big Tech in financial system poses concentration risk: Shaktikanta Das

Big Tech in financial system poses concentration risk: Shaktikanta Das

Rediff.com21 Sep 2022

The increasing involvement of Big Tech in the financial system could give rise to concentration risk and there are potential spillovers, which call for closer attention, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday. "...enormous amounts of consumer data is being generated and leveraged upon by a few entities (the so-called Big Tech) by virtue of their huge customer base. "Such developments raise concerns on concentration risk and potential spillovers as their level of engagement with the financial system strengthens in the years to come," Das said at the Global Fintech Fest 2022.

The Legend That Was Pritish Nandy

The Legend That Was Pritish Nandy

Rediff.com9 Jan 2025

He was colourful. He was dramatic. He was The Master of His Craft. There never will be an editor as versatile as Pritish Nandy, notes Nikhil Lakshman.

SC scraps Punjab's NRI quota expansion, calls it a fraud

SC scraps Punjab's NRI quota expansion, calls it a fraud

Rediff.com24 Sep 2024

The Supreme Court on Tuesday dismissed the Punjab government's appeal against a high court verdict quashing its decision to expand the definition of 'NRI quota' for admissions in undergraduate medical and dental courses in the state. "This fraud must come to an end now," the apex court said.

What Gave Ratan Tata Great Pleasure

What Gave Ratan Tata Great Pleasure

Rediff.com14 Oct 2024

'I get enormous pleasure from seeing the uplift of an underprivileged or poor person.' 'I feel elated when I walk on the street and see someone who pushes a handcart talking on a cell phone.' A revealing glimpse from Peter Casey's The Story of Tata: 1968 to 2021.

How OCIs Are Taxed

How OCIs Are Taxed

Rediff.com18 Sep 2024

'Any earnings, regardless of location, will be subject to Indian income tax.'

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

How To Invest In Quality Stocks

How To Invest In Quality Stocks

Rediff.com23 Oct 2024

'Allocate up to 20 per cent of your core equity portfolio to quality funds.'

GST@7: Challenges But Collections Surge

GST@7: Challenges But Collections Surge

Rediff.com12 Jul 2024

Average monthly GST collection rose from Rs 90,000 crore during the first year of its implementation -- 2017-2018 -- to Rs 1.68 trillion during 2023-2024, representing an 87 per cent rise.

The Shyam Benegal I Knew

The Shyam Benegal I Knew

Rediff.com23 Dec 2024

His cinema of compassion inspired me, gave me tools to develop empathy for others. But it also made me understand that serious, socially committed cinema with deeply engaging narratives and great performances is an art form to admire, appreciate and explore. Aseem Chhabra remembers Shyam Benegal, who passed into the ages on Monday evening.

Run business schools like businesses

Run business schools like businesses

Rediff.com2 Dec 2019

The one-size-fits-all approach adopted by the AICTE is not suitable for regulating business schools in India, argues Asish K Bhattacharyya.

Cong seeks 'serious' probe into Hindenburg report against Adani

Cong seeks 'serious' probe into Hindenburg report against Adani

Rediff.com27 Jan 2023

Hindenburg Research has alleged that Adani Group was "engaged in a brazen stock manipulation and accounting fraud", a charge the conglomerate described as malicious, unsubstantiated, one-sided, and having done with malafide intention to ruin its share-sale.

Who Will Take Over The Godrej Empires?

Who Will Take Over The Godrej Empires?

Rediff.com6 May 2024

Pirojsha Godrej, 43, patriarch Adi Godrej's son, is set to take over as chairman of the Godrej Industries Group from 2026 whol Nyrika Holkar, Smita Godrej Crishna's 42-year-old daughter, has emerged as the face of the Godrej Enterprises Group.

Are The Markets Headed For A Bubble?

Are The Markets Headed For A Bubble?

Rediff.com11 Nov 2024

'The problem is that the bubble may not only be in valuations, but also in investors' minds.'

Modi 3.0: Focus Shifts To Governance

Modi 3.0: Focus Shifts To Governance

Rediff.com7 Oct 2024

'It would be reasonable to assume that Modi 3.0 would be more focused on projects and schemes which do not require any legislative change or which have the support of its coalition partners,' asserts A K Bhattacharya.

June-Aug 2024 was India's 2nd-hottest quarter since 1970: Report

June-Aug 2024 was India's 2nd-hottest quarter since 1970: Report

Rediff.com18 Sep 2024

India experienced its second-hottest quarter from June to August this year since 1970, with over one-third of the country's population enduring at least seven days of dangerous heat, according to a new report by a United States-based group of climate scientists and communicators.

'Aionos will bridge silos within aviation, hospitality using AI'

'Aionos will bridge silos within aviation, hospitality using AI'

Rediff.com24 Apr 2024

Industries such as aviation and hospitality have many silos within them and Aionos, the joint venture between Interglobe Enterprises (IGE) and Assago Group, is an attempt to bridge them and boost efficiencies using artificial intelligence (AI) solutions, Rahul Bhatia told Business Standard on Tuesday. Bhatia, the Group Managing Director of IGE, serves as the majority shareholder in India's largest airline, IndiGo. Additionally, IGE operates 21 hotels under the Ibis brand and runs a logistics company called Movin.

It's back to the drawing board for payment banks

It's back to the drawing board for payment banks

Rediff.com15 Mar 2024

RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed.

BJP govt in J-K will restore statehood: Modi

BJP govt in J-K will restore statehood: Modi

Rediff.com28 Sep 2024

Prime Minister Narendra Modi on Saturday said the decision to transform Jammu and Kashmir into a Union Territory is 'temporary' and the Bharatiya Janata Party-led government will restore the statehood to the region.

Retirement Funds: Customize Your Mix

Retirement Funds: Customize Your Mix

Rediff.com28 Sep 2024

Equity-focused schemes may perform better in a bull market, while debt-oriented ones may offer greater stability during volatile periods.

Bharat Electronics' growth story is intact after excellent Q4 performance

Bharat Electronics' growth story is intact after excellent Q4 performance

Rediff.com29 May 2024

Bharat Electronics (BEL) reported excellent results for the January-March quarter (Q4) of FY24, which were driven by decent EBITDA margins and higher PAT as well as good revenue growth. Order inflows were also good. BEL is a major beneficiary of the policy of defence indigenisation.

Why ASUS Is Betting On Gaming

Why ASUS Is Betting On Gaming

Rediff.com24 Jul 2023

'As long as ASUS continues to introduce new products into the market, we still have a chance to grow our business in India.'

Under Trump India-US Space Sector May Soar

Under Trump India-US Space Sector May Soar

Rediff.com22 Nov 2024

'With India's growing capabilities in the space sector, this creates promising opportunities for enhanced collaboration and market access.'

How Kalki's Bujji Was Born

How Kalki's Bujji Was Born

Rediff.com1 Jul 2024

'Fun stuff does, indeed, happen on X.'

How AI Will Revolutionise Workplaces

How AI Will Revolutionise Workplaces

Rediff.com21 Dec 2023

'Even for operational buildings, we are looking to smarten them in various ways.'

Rerating potential in Axis Bank stock, may be among top outperformers

Rerating potential in Axis Bank stock, may be among top outperformers

Rediff.com20 Jul 2024

The April-June quarter (Q1) of the current financial year (FY25) may be soft for banks with loan growth moderation, net interest margin (NIM) pressures, and higher staff and credit costs inching up, according to analysts. Credit growth could ease due to the lagged impact of the Reserve Bank of India (RBI) tightening and deposit growth has weakened, and the current account and savings account (CASA) ratio has declined 10-370 basis points (bps) quarter-on-quarter (Q-o-Q) for many banks.

I&B holds meet to discuss Big Tech revenue sharing

I&B holds meet to discuss Big Tech revenue sharing

Rediff.com13 Jun 2024

The ministry of information and broadcasting (I&B) on Wednesday held an inter-ministerial meeting with various departments to discuss issues regarding revenue sharing between Big Tech companies and digital news publishers, according to sources. The meeting - chaired by I&B Secretary Sanjay Jaju - invited senior officials from the ministry of corporate affairs (MCA), Competition Commission of India (CCI), ministry of electronics and information technology (Meity) and departments of promotion of industry and internal trade, legal affairs and consumer affairs.

What Mahabali Won't Hear

What Mahabali Won't Hear

Rediff.com13 Sep 2024

Questions that the state had come to recognise over time but consistently delayed treating seriously because doing so requires an overhaul of perspective and lifestyle, notes Shyam G Menon.

How FarmDidi Is Changing Lives

How FarmDidi Is Changing Lives

Rediff.com20 Sep 2024

Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.