News for 'System Business Group'

'You are ruining an entire generation'

'You are ruining an entire generation'

Rediff.com13 Mar 2024

'We are calling companies to set up assembly plants for mobile phones while all the components are imported.' 'Only the last turn of the screwdriver is done here. And you call it self-reliance, Atmanirbharta, etc.' 'Unless you invest in research, you will not climb up the ladder. But this government is happy getting sub-contract work.'

Will L'affaire Adani Affect Modi's Image?

Will L'affaire Adani Affect Modi's Image?

Rediff.com21 Feb 2023

Gautam Adani's alleged proximity to Narendra Modi may dent the latter's self-styled image of incorruptibility, points out Kanika Datta.

Disney, Reliance sign deal to create Rs 70,000 cr behemoth

Disney, Reliance sign deal to create Rs 70,000 cr behemoth

Rediff.com28 Feb 2024

Walt Disney Co and Reliance Industries on Wednesday announced signing of binding pacts to merge their media operations in India to create a Rs 70,000 crore behemoth. Reliance and its affiliates will hold 63.16 per cent in the combined entity while Disney will hold the remaining 36.84 per cent, the companies said in a statement.

How To Prevent Terror On The High Seas

How To Prevent Terror On The High Seas

Rediff.com17 Apr 2024

The world needs to wake up to this new dimension of war at sea and be prepared to face the 'unknown enemy' who have the advantage of attacking at their choice of location and time, cautions Commodore Venugopal Menon (retd).

Modi meets women from Sandeshkhali, slams TMC

Modi meets women from Sandeshkhali, slams TMC

Rediff.com7 Mar 2024

Modi, while addressing a rally in Barasat, said whatever happened with women in Sandeshkhali "is a matter of shame".

Congress' Cricket Promise In MP

Congress' Cricket Promise In MP

Rediff.com15 Nov 2023

'The concept of an MP IPL team is the brainchild of Kamal Nath.' 'If the Congress government comes to power in the state, he will assemble an IPL team for MP with the assistance of his business contacts.'

'There is not a major worry on the price front'

'There is not a major worry on the price front'

Rediff.com7 Sep 2023

'I believe that as we produce more, our cost will come down further. We will maintain our competitiveness.'

Which ITR Should You File?

Which ITR Should You File?

Rediff.com16 Feb 2024

A new schedule has been added to report income from cryptocurrencies and other Virtual Digital Assets.

Future of digital payments in India

Future of digital payments in India

Rediff.com20 Mar 2024

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'

IPL 2024: How god-fearing Mayank turned struggle into success

IPL 2024: How god-fearing Mayank turned struggle into success

Rediff.com31 Mar 2024

The Delhi youngster had had his fair share of struggles while transforming from a frail 15-year-old to a frighteningly quick fast bowler.

Use of Indian languages key for increasing internet access in India: Report

Use of Indian languages key for increasing internet access in India: Report

Rediff.com13 Mar 2024

Nearly 665 million Indians or 45 per cent of the rural population did not have access to the internet as of 2023. Difficulty in understanding internet procedures, insufficient awareness of its benefits, and a lack of interest have emerged as the top reasons for a gap in internet penetration in rural India, according to a joint report by the Internet and Mobile Association of India (IAMAI) and Kantar. "The proficiency of English in rural India is very low. While we have content in Hindi, the internet is English-heavy.

SEBI To Go Soft On Rumour Verification For Listed Cos

SEBI To Go Soft On Rumour Verification For Listed Cos

Rediff.com12 Jan 2024

The rumour verification process would now be triggered by changes in price or 'material price movements', as the paper defines it. What this means is that companies would need to verify rumours only if the share price moves significantly.

Adani-Hindenburg row: Plea in SC seeks contempt action against Sebi

Adani-Hindenburg row: Plea in SC seeks contempt action against Sebi

Rediff.com19 Nov 2023

A plea has been filed in the Supreme Court for initiation of contempt proceedings against the Securities and Exchange Board of India (SEBI), alleging it has violated the timeline for completing the investigation and submitting its report on the allegations of stock price manipulation by the Adani group. An application has been filed by PIL petitioner Vishal Tiwari saying that despite the deadline given to the SEBI it has failed to comply with the direction of the court and has not submitted the final conclusion/report as was directed by the court. It said by the order dated May 17, 2023, the apex court directed SEBI to submit its report till August 14, 2023.

Fraud job syndicates target Reliance, Tata groups

Fraud job syndicates target Reliance, Tata groups

Rediff.com1 Jul 2013

Both groups warn of initiating strict actions, issue public notices.

Can Biden do business with Raisi?

Can Biden do business with Raisi?

Rediff.com21 Jun 2021

The Biden administration should expect continuity in Iran's policies under Raisi. This may not necessarily mean that strengthening of ties with the West will be Raisi's top priority, observes Ambassador M K Bhadrakumar.

CCI nods Reliance's Rs 2,850 crore buy of Metro's India biz

CCI nods Reliance's Rs 2,850 crore buy of Metro's India biz

Rediff.com14 Mar 2023

The Competition Commission of India (CCI) on Tuesday said it has approved Reliance Retail Venture's acquisition of German firm Metro AG's wholesale operations in India. Reliance Retail Ventures Ltd (RRVL) is a subsidiary of Reliance Industries Ltd (RIL) while Metro Cash & Carry India is engaged in the wholesale operations in India. In December last year, it was announced that RRVL had signed definitive agreements to acquire a 100 per cent equity stake in the company for a total cash consideration of Rs 2,850 crore.

Hurrah For These Women Achievers!

Hurrah For These Women Achievers!

Rediff.com22 Feb 2024

More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.

Why Do We Overspeed On An Expressway?

Why Do We Overspeed On An Expressway?

Rediff.com8 Feb 2024

The toughest part is to tackle human behaviour. On the Atal Setu, says Indrajit Gupta, I chose to drive at a consistent speed of 80 kmph in the middle lane. Vehicles on the right lane were clipping along at 150 kmph, way over the maximum permissible limit of 100 kmph. On occasion, I had to slow down or dodge vehicles suddenly pulling into the middle lane from the side.

In US Rahul calls Modi 'a specimen' who knows more than god

In US Rahul calls Modi 'a specimen' who knows more than god

Rediff.com31 May 2023

Gandhi said the govt "tried everything to stop" his 'Bharat Jodo Yatra', but nothing was working against the "effect" of the foot march.

'Prefer largecap to midcaps and smallcaps'

'Prefer largecap to midcaps and smallcaps'

Rediff.com31 Oct 2023

'Midcap and smallcap indices are trading in the expensive zone.'

Can Terrorists Make Money From Markets After Attacks?

Can Terrorists Make Money From Markets After Attacks?

Rediff.com26 Dec 2023

The men with guns tend to know little finance, and establishing such a conspiracy then involves leakage of information, which is also dangerous, Ajay Shah points out.

The People Mumbai Forgot

The People Mumbai Forgot

Rediff.com5 Feb 2024

'When the mill strike started, there was crisis in every mill worker household.' 'One entire generation went without education.' 'Hunger forced them to take to crime.'

Modi flags challenges in the fast growing cross-border e-com

Modi flags challenges in the fast growing cross-border e-com

Rediff.com24 Aug 2023

Prime Minister Narendra Modi on Thursday suggested the G20 trade ministers to work collectively to ensure equitable competition between large and small sellers as there are challenges in the fast growing cross-border e-commerce. In a video message at the G20 Trade and Investment Minister's meeting here, he also emphasised on the need to address the problems faced by consumers in fair price discovery and grievance handling mechanisms. "Digitising processes and use of e-commerce have the potential to enhance market access. "I am glad that your group is working on the 'High Level Principles for the Digitalization of Trade Documents'. These principles can help countries in implementing cross-border electronic trade measures, and reduce compliance burdens.

Tata group may need to invest $1 billion to upgrade Air India fleet

Tata group may need to invest $1 billion to upgrade Air India fleet

Rediff.com18 Oct 2021

The Tata group may have to deploy upwards of $1 billion to improve the airline's passenger reservation system, upgrade and refurbish Air India's fleet, primarily the wide-body aircraft which are the mainstay for the airline's international operations, people in the know said. While the group has not yet decided on how it intends to integrate Air India with its existing airlines AirAsia India and Vistara, sources said the first task will be to refinance Air India's existing loans, upgrade its aircraft gradually, and rewrite multiple business contracts with vendors and suppliers. "They will have to do 100 things to stabilise the airline and will have to put in a lot of money," DIPAM secretary Tuhin Kanta Pandey said, confirming that many aircraft are grounded.

The adman who headed Dera chief Gurmeet's business

The adman who headed Dera chief Gurmeet's business

Rediff.com8 Oct 2017

Though Dentsu Aegis says C P Arora left the business in July 2016, his Twitter handle and LinkedIn profile continue to refer to him as Group CFO of Denstu India.

BAE Systems, Mahindra join hands for howitzer facility

BAE Systems, Mahindra join hands for howitzer facility

Rediff.com17 Feb 2016

India and the United States are in discussion for supply of 145 M777A2 LW155 howitzers for the Indian Army, it said.

Deepfake video of me doing garba: Modi flags concern at media meet

Deepfake video of me doing garba: Modi flags concern at media meet

Rediff.com17 Nov 2023

Prime Minister Narendra Modi on Friday flagged the use of artificial intelligence for creating deepfakes saying this can lead to a big crisis, as he urged the media to spread awareness about its misuse and impact to educate people.

Edtech giant Byju's CBO Prathyusha Agarwal, two senior executives quit

Edtech giant Byju's CBO Prathyusha Agarwal, two senior executives quit

Rediff.com30 Aug 2023

Three senior executives have resigned from Byju's at a time when the most valuable edtech company has been trying to address challenges such as due diligence issues, legal battles with lenders, challenges in raising fresh capital, and a markdown in its valuation by investors. Prathyusha Agarwal, the chief business officer of Byju's, has quit, according to sources. They said Himanshu Bajaj, business head of Byju's tuition centres, and Mukut Deepak, business head for Class 4 to 10, have also moved on.

What Rajnath's UK Visit Means For India's Defence

What Rajnath's UK Visit Means For India's Defence

Rediff.com8 Jan 2024

The Indian Navy, which was earlier looking towards the US for design expertise, technical know-how and operational practices, is now considering the advantages of working with the Royal Navy.

From Kerala to Turkey: How I Made It

From Kerala to Turkey: How I Made It

Rediff.com11 Dec 2023

'Everybody thought I was crazy to quit my job and jump into entrepreneurship.'

The Blue Revolution: Indian Cricket's Success Story

The Blue Revolution: Indian Cricket's Success Story

Rediff.com30 Nov 2023

It is a tribute to a system so robustly meritocratic that this team represents India's diversity better than any other institution: The Union Cabinet, our chief ministers, the civil services, the leadership of our armed forces and security agencies, the judiciary and more than all of these, our typical newsroom. That is the biggest message from this breathless rise of Indian cricket, asserts Shekhar Gupta.

Wistron Deal: Tata Gets Global Reach, Apple Gets to Hedge Geopolitical Bets

Wistron Deal: Tata Gets Global Reach, Apple Gets to Hedge Geopolitical Bets

Rediff.com14 Nov 2023

The government's target of hitting $52 billion to $58 billion in mobile phone exports in FY26 has been faltering; an Indian corporate group with financial muscle will help.

How Cancer Survivors Can Obtain A Health Plan

How Cancer Survivors Can Obtain A Health Plan

Rediff.com7 Sep 2023

'Try to buy a policy with a lower sum assured or one with a deductible.' 'Those whose spouses work for companies must get themselves enrolled into the employer's group health cover.' 'Some public sector banks also offer group health covers to those who open a savings account with them.'

The business of Indian diplomacy is business

The business of Indian diplomacy is business

Rediff.com14 Jun 2016

Making it easier to do business is a key element of our strategy, says Foreign Secretary S Jaishankar.

Das cautions banks against any build-up of asset-liability mismatches

Das cautions banks against any build-up of asset-liability mismatches

Rediff.com17 Mar 2023

Reserve Bank governor Shaktikanta Das on Friday cautioned banks against any build-up of asset-liability mismatches, saying both are detrimental to financial stability and hinted that the ongoing crisis in the US banking system seems to have emanated from such mismatches. Delivering the annual KP Hormis (Federal Bank founder) commemorative lecture in Kochi this evening, the governor was quick to acknowledge and assure that the domestic financial sector is stable and the worst of inflation is behind us. Amid the continuing volatility in exchange rates, especially due to the excessive appreciation of the US dollar, and its impact on the external debt servicing ability of nations, Das said, "We have nothing to fear as our external debt is manageable and thus appreciation of the greenback does not pose any problem to us."

Why India's automobile business is like Bollywood

Why India's automobile business is like Bollywood

Rediff.com20 Oct 2020

What worked for Hyundai in India when so many other auto manufacturers have had to eat humble pie? Pavan Lall finds out.

Why RBI Was Worried About Consumer Credit Growth

Why RBI Was Worried About Consumer Credit Growth

Rediff.com13 Mar 2024

The banking regulator was uncomfortable with the runaway pace at which consumer credit was growing.

Swedish furnishing major IKEA to bring in funding arm, expand retail biz

Swedish furnishing major IKEA to bring in funding arm, expand retail biz

Rediff.com19 Jun 2023

Swedish furnishing major IKEA, part of the Ingka Group, is inviting its investment arm - Ingka Investments - to India, a senior company executive said during an interaction in New Delhi. The move suggests that the group is looking at India as a priority market. The areas of investments being considered by Ingka Investments could range from taking stake in companies across sectors such as renewables, recycling, real estate, and software which synergise with IKEA's broader retail requirements.

Valuation hurdle, competition may cap upside for Dixon Technologies

Valuation hurdle, competition may cap upside for Dixon Technologies

Rediff.com17 Oct 2023

The stock of Dixon Technologies (India), the country's largest listed electronic manufacturing services (EMS) player, was up 6 per cent in 10 trading sessions, boosting the gains over the last three months to 21 per cent. The gains came following reports that Dixon will produce laptops in India in partnership with US and Chinese firms under the production-linked investment (PLI) scheme. It recently signed an agreement to make smartphones for Xiaomi India.

India Inc making workplace more inclusive for persons with disabilities

India Inc making workplace more inclusive for persons with disabilities

Rediff.com4 Dec 2023

As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.