News for 'System Business Group'

Modi: 'We need wealth creators to even distribute wealth'

Modi: 'We need wealth creators to even distribute wealth'

Rediff.com11 Feb 2021

Demoralising the private companies and disregarding their contribution won't do any good to the country or its youth as our experience has shown that private enterprises in mobile manufacturing has lead to every poor family owning a mobile phone now, while the country's private sector in the pharmaceutical space has been serving humanity through vaccines and medicines during Covid times, Modi said.

No Party Can Solve Punjab's Problems!

No Party Can Solve Punjab's Problems!

Rediff.com15 Feb 2022

Punjab faces many mortal threats. For most of these the people of Punjab are themselves responsible. And unless they take a brutal hard look within, their future generations have to be resigned to continue living with this constant slide, warns Shekhar Gupta.

Was Nirav Modi tipped off?

Was Nirav Modi tipped off?

Rediff.com7 May 2021

'One cannot avoid speculating whether there was something else at play that led to the uncovering of this saga.'

Meet the millionaire poster boys of online advertising

Meet the millionaire poster boys of online advertising

Rediff.com24 Aug 2016

Bhavin and Divyank Turakhia remain as committed as ever to incubating start-ups despite selling their firm for $900 mn

Boeing gets US govt nod to offer F-15EX jet to India: Official

Boeing gets US govt nod to offer F-15EX jet to India: Official

Rediff.com28 Jan 2021

United States aerospace major Boeing on Thursday said it received approval from the country's government to offer its F-15EX multi-role combat jet to the Indian Air Force.

'India will be a difficult team to beat'

'India will be a difficult team to beat'

Rediff.com27 Jan 2021

The series win in Australia shows India will be a difficult team to beat and England will have to be at the top of their game to outwit the hosts in the upcoming four-match Test series, coach Chris Silverwood said on Tuesday.

Moody's raises red flag on demonetisation impact in short term

Moody's raises red flag on demonetisation impact in short term

Rediff.com24 Nov 2016

Moody's said implementation challenges, in addition to affecting growth and government revenues, will impact corporates by lowering sales volumes and cash flows.

Rahul becoming 'doomsday man' for India: Nirmala Sitharaman

Rahul becoming 'doomsday man' for India: Nirmala Sitharaman

Rediff.com13 Feb 2021

Replying to the general discussion on Budget in Lok Sabha, she said the former Congress chief was creating fake narratives but does not have patience to listen to replies on allegations levelled against the government.

Cryptocurrencies: 'Invest for long-term'

Cryptocurrencies: 'Invest for long-term'

Rediff.com3 Jun 2021

'Allocate some parts of one's surplus income towards cryptocurrencies, considering the immense growth potential of this emerging asset class.'

The Weak are People too

The Weak are People too

Rediff.com11 Nov 2017

'Economically, if there are too many losers, macro-demand will suffer and undercut growth.' 'In more developed societies, the issue is resolved through the provision of safety nets, which don't exist in India.' points out T N Ninan.

How the RBI's new home finance rules affect you

How the RBI's new home finance rules affect you

Rediff.com6 Jul 2020

'Real estate loans are given in the garb of retail loans, sourcing money cheap from the NHB refinance window.' 'This loophole is being plugged,' notes Tamal Bandyopadhyay.

Tatas might find it tough to get an outsider

Tatas might find it tough to get an outsider

Rediff.com26 Oct 2016

Tatas' best bet would be to find an insider who understands the systems, say headhunters

The challenge before Yogi's population control policy

The challenge before Yogi's population control policy

Rediff.com30 Jul 2021

On the ground, rural medical infrastructure and more crucially, women's access to reproductive health services is practically non-existent in Uttar Pradesh, reports Geetanjali Krishna.

You closed all options to recover dues by going public: Nirav Modi tells PNB

You closed all options to recover dues by going public: Nirav Modi tells PNB

Rediff.com19 Feb 2018

The billionaire jeweller, who has fled the country, in the letter also disagreed with the loan default amount of Rs 11,400 crore and pegged the amount his companies owe to the bank at under Rs 5,000 crore.

Is India's economy crashing?

Is India's economy crashing?

Rediff.com3 Jan 2020

'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.

225,000 more shell companies come under ministry lens

225,000 more shell companies come under ministry lens

Rediff.com21 Apr 2018

After taking action against 226,000 shell companies last year, the ministry of corporate affairs has now zeroed in on a fresh batch of suspected shell companies.

Tech giants urge Trump admin to retain H1-B spouses' work permit

Tech giants urge Trump admin to retain H1-B spouses' work permit

Rediff.com19 Jan 2018

The Trump administration is reportedly moving ahead with its decision not to give work permits to the spouses of H-1B visa-holders, arguing that this displaces genuine American workers.

Elitism, populism, meritocracy...

Elitism, populism, meritocracy...

Rediff.com5 Jul 2019

Ajit Balakrishnan decodes the angst-ridden discourse of the day.

Why should RBI be answerable to SC, asks Deepak Parekh

Why should RBI be answerable to SC, asks Deepak Parekh

Rediff.com3 Jul 2020

The chairman of mortgage giant HDFC Ltd in his annual letter to shareholders, also suggested a one-time restructuring of real estate loans, easing of external commercial borrowing rules and immediate changes in regulations to allow end-to-end execution of housing loans online.

India, Pakistan, Taliban On Same Page?

India, Pakistan, Taliban On Same Page?

Rediff.com30 Nov 2021

Delhi has come to accept the Taliban takeover in Kabul as a reality and seems increasingly unsure of its dogmatic view of the Taliban as a mere proxy of the Pakistani military and security establishment, observes Ambassador M K Bhadrakumar.

More skeletons stumble out of Il&FS closet

More skeletons stumble out of Il&FS closet

Rediff.com7 Jun 2019

What ex-IL&FS top brass got for loans? Foreign trips, private jets and chopper rides.

Why the rise of China's military worries the world

Why the rise of China's military worries the world

Rediff.com2 Mar 2021

There is growing alarm at the inexorable rise of China, both of its military prowess and its aggressive bullying of other countries plus its subjugation of whole portions of its own population.

Was India at all ready for monorail?

Was India at all ready for monorail?

Rediff.com25 Jul 2018

Mumbai Monorail was to be built in two phases - Phase I of 8.93 km and Phase II of 11.20 km. The first phase ran operations for around three years before services were abruptly halted, owing to a fire incident last year. The second phase now stands completed, but is lying closed.

India's family structure helps in coping mentally during Covid-19

India's family structure helps in coping mentally during Covid-19

Rediff.com28 Mar 2020

Mental health issues of sports-persons is now a serious topic and recently Australia coach Justin Langer advocated the need to keep a tab on the younger lot as to how they are coping up with trying times.

IMF makes it official: World has entered recession

IMF makes it official: World has entered recession

Rediff.com28 Mar 2020

The world is in the face of a devastating impact due to the coronavirus pandemic and has clearly entered a recession, the International Monetary Fund said on Friday, but projected a recovery next year. "We have reassessed the prospects for growth for 2020 and 2021. It is now clear that we have entered a recession as bad or worse than in 2009. We do project recovery in 2021," IMF Managing Director Kristalina Georgieva told reporters at a news conference.

What is Ronnie Screwvala up to these days?

What is Ronnie Screwvala up to these days?

Rediff.com20 Nov 2019

"If telecom changed the game for how business was done in India, then we need 20 more of those systemic game-changers to take us to the next level," Ronnie Screwvala tells Pavan Lall.

155 flights delayed as Air India's software shuts down

155 flights delayed as Air India's software shuts down

Rediff.com27 Apr 2019

According to airline sources, the software, which is of Atlanta-based SITA company, was not functioning approximately from 3 am to 9 am on Saturday. Consequently, boarding passes could not be issued at major airports across the world and various flights were delayed.

Tatas now only half as small as PSUs

Tatas now only half as small as PSUs

Rediff.com27 Jan 2014

Analysts say Tatas could sustain their current pace of growth, provided the group's "cash cows", such as TCS and Tata Motors, continue to deliver.

Tomar says ready for talks; farmer unions unmoved

Tomar says ready for talks; farmer unions unmoved

Rediff.com10 Jun 2021

With the talks between the Centre and the agitating farmer unions stalled since January, Agriculture Minister Narendra Singh Tomar on Wednesday expressed readiness to resume the dialogue to resolve their objections to the three new agri laws, but the unions remained adamant on their demands for a repeal of the legislations and a legal guarantee on the minimum support price.

India's children may get 2 Covid vaccines by December

India's children may get 2 Covid vaccines by December

Rediff.com28 Jun 2021

While Bharat Biotech's Covaxin is in trials among children already, Serum Institute of India will begin Novavax vaccine trials on children from July, whereas the Pfizer vaccine has been approved for adolescents in the United States; and Cadila Healthcare's ZyCoV-D has done trials on 12 year-olds and above already, reports Sohini Das.

Tata's electric car to be priced less than $20,000

Tata's electric car to be priced less than $20,000

Rediff.com21 Jun 2012

Tata Technologies completed its first feasibility study of the electric vehicle using Dassault Systems' 3DEXPERIENCE Platform.

Traders can now edit their GSTR-3B returns of August, September

Traders can now edit their GSTR-3B returns of August, September

Rediff.com19 Nov 2017

At least 2,00,000 traders encountered difficulties in August, September, and October since there was no editing facility in summary return filing.

New York epicenter of Coronavirus crisis in US; cases cross 5,000

New York epicenter of Coronavirus crisis in US; cases cross 5,000

Rediff.com21 Mar 2020

New York City Mayor Bill de Blasio has said that the metropolitan city is the 'epicenter' of the coronavirus crisis in the United States, as government officials announced some of the most stringent measures to slow the spread of the pandemic that has claimed over 200 lives in the country.

Rs 5,000-crore stressed asset fund for MSMEs mooted

Rs 5,000-crore stressed asset fund for MSMEs mooted

Rediff.com26 Jun 2019

The RBI panel has also recommended a government-sponsored 'fund of funds' of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector.

Rajan slams govt inaction on high profile banking fraudsters

Rajan slams govt inaction on high profile banking fraudsters

Rediff.com11 Sep 2018

Rajan said it is hard to offer an objective self-assessment but the RBI should probably have raised more flags about the quality of lending in the early days of banking exuberance.

For Singh brothers, truce is temporary, split only way out

For Singh brothers, truce is temporary, split only way out

Rediff.com15 Sep 2018

NCLT allows Shivinder to withdraw petition against his brother Malvinder. Final decision to be taken by family members in their presence.

Graduates, do you have these job skills?

Graduates, do you have these job skills?

Rediff.com18 Feb 2019

These skills will give you an edge over the competition.

When Barack Obama became Santa Claus for ailing children

When Barack Obama became Santa Claus for ailing children

Rediff.com20 Dec 2018

The 57-year-old handed out jigsaw puzzles Hot Wheels sets, remote-control cars, and glittery nail polish, among other goodies collected by Obama and his staffers.

'Dream job' applications dip at IIM-Ahmedabad

'Dream job' applications dip at IIM-Ahmedabad

Rediff.com18 Feb 2019

A dip in 'dream job' applications could also mean that students are bagging their desired offers in the first go itself.

Why has SBI's stock risen 127.46%?

Why has SBI's stock risen 127.46%?

Rediff.com16 Jun 2021

Why are investors gung-ho about State Bank? asks Tamal Bandyopadhyay.