News for 'USAG'

Sebi Tightens Grip Against Fraudulent Messages, Apps

Sebi Tightens Grip Against Fraudulent Messages, Apps

Rediff.com30 May 2024

The directions follow a report by the Indian Cyber Crime Coordination Centre, which has seen a new pattern of transnational cyber-enabled financial fraud and investment scam, impersonating as stockbrokers and company executives.

Sidda's wife Parvathi returns 14 sites to MUDA after ED action

Sidda's wife Parvathi returns 14 sites to MUDA after ED action

Rediff.com1 Oct 2024

In a letter to the Mysuru Urban Development Authority commissioner she said she was allotted the 14 alternative sites in the third and fourth phase of Vijayanagar in Mysuru against the usage of her three acres and 16 Guntas of land in Kesare village under Kasaba Hobli in Mysuru.

Trade on road to recovery but Indian firms tread cautiously

Trade on road to recovery but Indian firms tread cautiously

Rediff.com12 Oct 2024

Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.

JSW MG bets on EV revolution with bold Windsor pricing

JSW MG bets on EV revolution with bold Windsor pricing

Rediff.com19 Sep 2024

Stepping up the competition in the electric vehicle (EV) market, JSW MG Motor on Wednesday launched its electric crossover sport utility vehicle (SUV) Windsor with a new and 'aggressive' pricing model, an assured buyback plan, a lifetime battery warranty, and free public charging for one year. Under this new battery-as-a-service (BaaS) pricing model, customers can purchase the Windsor at a starting price of Rs 9.99 lakh (ex-showroom) and then pay a battery usage fee of Rs 3.5 per kilometre (km).

The Elevance of Kamala Harris

The Elevance of Kamala Harris

Rediff.com2 Nov 2024

Kamala has finessed bubblegum conversation about whether she is Black or Indian. Her Irrelevancing-approach, an Irrelevance-code if you will, is Elevated and Elegant -- this is the Elevance of Kamala! asserts economist Dr Anuradha Luther Maitra.

Voting advisory firms divided over FMCG major ITC's hotel demerger move

Voting advisory firms divided over FMCG major ITC's hotel demerger move

Rediff.com4 Jun 2024

Three leading domestic voting advisory firms are not on the same page over the proposed demerger and separate listing of ITC's hotel business, ITC Hotels. Institutional Investor Advisory Services (IiAS) has recommended a vote "against" the resolution, while InGovern and Stakeholders Empowerment Services (SES) have advised their clients to vote in favour. Voting on the resolution is currently underway.

HC demands MCA response over extra water usage for additional IPL ties

HC demands MCA response over extra water usage for additional IPL ties

Rediff.com13 Apr 2018

The MCA stadium at Gahunje in Pune will host the remaining six 'home' matches of IPL franchise Chennai Super Kings (CSK) after these were shifted from the southern city following protests over the Cauvery water-sharing issue in the Tamil Nadu capital.

SEBI Cracks Down On Stock Market Fantasy Games

SEBI Cracks Down On Stock Market Fantasy Games

Rediff.com25 May 2024

'MIIs or market intermediaries shall enter into an appropriate agreement with entities with whom they intend to share real-time price data.'

RBI Flags Concern Over Illegal Accounts

RBI Flags Concern Over Illegal Accounts

Rediff.com10 Jul 2024

'We found certain banks having lakhs of such accounts with apparently no valid reason.'

Bharti Airtel Q1 profit jumps 2.5 times to Rs 4,160 cr

Bharti Airtel Q1 profit jumps 2.5 times to Rs 4,160 cr

Rediff.com5 Aug 2024

Telecom operator Bharti Airtel reported more than 2.5 times jump in its consolidated profit to Rs 4,160 crore in the April-June quarter of 2024-25 compared to the year-ago period driven by an improvement in average revenue per user and an exceptional gain of Rs 735 crore. The company had posted a profit of Rs 1,612.5 crore in the same period a year ago. The consolidated revenue from operations of Bharti Airtel increased by 2.8 per cent to Rs 38,506.4 crore during the reported quarter from Rs 37,440 crore in the June quarter of the last year.

Data stickiness likely to see users absorb mobile tariff hike: Analysts

Data stickiness likely to see users absorb mobile tariff hike: Analysts

Rediff.com9 Jul 2024

Consumers are unlikely to disconnect their mobile connections and will most likely absorb the up to 22 per cent tariff hike imposed last week by Jio, Airtel, and Vodafone Idea (Vi), according to analysts. The last major tariff hike in 2021 was followed by a 4-5 per cent SIM consolidation, with people leaving mobile operators with more expensive plans for their peers offering comparatively affordable options.

Why You Must Cook In Earthen Pots

Why You Must Cook In Earthen Pots

Rediff.com27 May 2024

Earthen ware are environment-friendly and keep the food's nutritional content intact Heat can circulate through the food in earthen pots, preserving the nutrition.

Bopanna, Nagal secure Paris Olympics berths

Bopanna, Nagal secure Paris Olympics berths

Rediff.com11 Jun 2024

Rohan Bopanna and Sumit Nagal have secured their Paris Olympics 2024 quotas for India

Bidders of Haldiram Snacks Foods seek clarity on ownership of the brand

Bidders of Haldiram Snacks Foods seek clarity on ownership of the brand

Rediff.com26 Jun 2024

The prospective bidders of Haldiram Snacks Foods (HSFPL), a leading food firm, have sought clarity on the ownership of the brand as it is currently owned by different family factions. The Delhi and Nagpur families have decided to merge their operations and formed a joint venture to sell part of their stake. On the other hand, the Kolkata family runs its separate, independent operations. Bankers said prospective bidders of the company do not want any confusion over the brand in future. They have sought clarity over usage of the brand.

Top-Up Home Loan May Cost Your Home!

Top-Up Home Loan May Cost Your Home!

Rediff.com13 Aug 2024

'If the borrower can't repay the loan due to lack of income or losses from speculative activities, they risk defaulting on it.' 'This could lead to the bank seizing the property.'

WazirX Breach: 'Recovering Stolen Crypto Is Hard'

WazirX Breach: 'Recovering Stolen Crypto Is Hard'

Rediff.com22 Jul 2024

'A lot of them are converted to other tokens, and since crypto is dealt with internationally, it can go to any exchange in any country.'

How CIBIL keeps an eye on your credit card usage

How CIBIL keeps an eye on your credit card usage

Rediff.com29 Dec 2015

You may forget about your mistakes but CIBIL keeps an eye and maintains a record of each and every transaction right from your first credit card!

Balancing green concerns with soaring energy demand

Balancing green concerns with soaring energy demand

Rediff.com18 Jun 2024

Rising energy demand could tilt India's energy basket towards fossil fuels from coal to oil, natural gas.

Weizmann to move court against Western Union on trademark, logo issue

Weizmann to move court against Western Union on trademark, logo issue

Rediff.com13 May 2024

Mumbai-based Weizmann, part of a diversified group, will take to court its former partner Western Union Holdings, the American money-transfer giant, alleging that the United States-based company has imitated its trademark and logo. This, its lawyers say, constitutes a case of infringement and dilution of its intellectual-property rights.

Should You Take A Loan Against MFs?

Should You Take A Loan Against MFs?

Rediff.com3 Jul 2024

'If the portfolio growth rate is higher, take this loan. If it is lower, liquidate your investments.'

'Had liberalisation not taken place, I may have gone back to the US'

'Had liberalisation not taken place, I may have gone back to the US'

Rediff.com10 Oct 2024

An exclusive excerpt from The Tatas: How A Family Built A Business And A Nation.

Spend Wisely On A Credit Card!

Spend Wisely On A Credit Card!

Rediff.com10 Jul 2024

'Lack of self-control over spending leads to a credit card debt trap.' 'People think they have money and spend using a credit card, but when it's time to pay, they realise they don't have the money.'

Airtel, Vi to raise mobile tariff by 10-24% from first week of July

Airtel, Vi to raise mobile tariff by 10-24% from first week of July

Rediff.com28 Jun 2024

Bharti Airtel and Vodafone Idea will roll out revised mobile service tariffs increasing rates in the range of 10-24 per cent from the first week of July. Bharti Airtel announced a 10-21 per cent hike in prepaid and postpaid mobile tariffs from July 3, a day after larger rival Reliance Jio announced an increase in rates. Later in the day, loss-making telecom operator Vodafone Idea (Vi) also announced its plan to raise mobile tariffs by 11-24 per cent from July 4.

Will go on 28-day fast from August 15 if...: Sonam Wangchuk

Will go on 28-day fast from August 15 if...: Sonam Wangchuk

Rediff.com28 Jul 2024

Climate activist Soman Wangchuk announced on Sunday that he will launch a 28-day fast on Independence Day if the government does not invite Ladakh authorities for talks on demands for statehood and constitutional protection for the union territory.

Digital payments in India to double to $7 tn by 2030

Digital payments in India to double to $7 tn by 2030

Rediff.com14 Jul 2024

With digital adoption fast gaining currency, India is likely to see retail digital payments double to $7 trillion by 2030 from current levels, a study by Kearney and Amazon Pay said. In the report 'How Urban India Pays', Kearney-Amazon Pay said strong adoption of digital payments in online purchases has potentially led to a permanent shift in consumer behaviours, fuelling offline adoption as well.

Air India suspends flights to Israel amid Iran strike

Air India suspends flights to Israel amid Iran strike

Rediff.com14 Apr 2024

With the Middle East tensions flaring up, Air India has temporarily suspended its Tel Aviv flights and airlines have charted alternative flight paths to avoid the Iranian airspace.

How To Be Aware About Early Heart Disease

How To Be Aware About Early Heart Disease

Rediff.com7 Oct 2024

'Thirty per cent of the world's deaths in young people, due to heart disease, are encountered by people in India.'

Reliance net profit drops 5% in Q1 on weak O2C business

Reliance net profit drops 5% in Q1 on weak O2C business

Rediff.com19 Jul 2024

Reliance Industries Ltd, India's most valuable company, on Friday reported a 5 per cent drop in its June quarter net profit as lower fuel cracks and petrochemical margins outdid gains in telecom and retail businesses. The oil-to-retail-to-telecom conglomerate's consolidated net profit was at Rs 15,138 crore, or Rs 22.37 per share, in April-June -- the first quarter of the current 2023-24 fiscal year -- compared to Rs 16,011 crore, or Rs 23.66 a share, earnings a year back, according to a company's statement.

Zepto claims 2nd spot in monthly active customers, surpasses JioMart

Zepto claims 2nd spot in monthly active customers, surpasses JioMart

Rediff.com7 Dec 2023

The Bengaluru-based quick-commerce application (app) Zepto is making big strides. According to Sensor Tower data, it surpassed JioMart in November, securing the second position among grocery apps in terms of monthly usage. This shift, identified by BofA Global Research, closely monitoring key segments of the app business, has pushed JioMart to third place in the grocery space.

The Menace Of Road Rage

The Menace Of Road Rage

Rediff.com3 Sep 2024

I am happy I didn't knock anyone down, driving recklessly or trying to show off. However, in one instance of road rage (the consequence of arguing with a driver who disrespected my right to cross the road peacefully) I did find a man in a SUV taking his anger out on me by driving his vehicle over my feet, recalls Shyam G Menon.

Byju's $200 million rights issue fully subscribed

Byju's $200 million rights issue fully subscribed

Rediff.com21 Feb 2024

Edtech major Byju's top official on Wednesday said the company's $200 million rights issue has been fully subscribed and asked all shareholders to participate in the "renewed mission". Think and Learn Private Limited, which operates under Byju's brand name, has floated $200 million rights issue at less than 99 per cent enterprise valuation compared to its peak valuation of $22 billion. "Our rights issue is fully subscribed and my gratitude to my shareholders remains strong.

Airtel's Q3 net rises 54% to Rs 2,442 crore

Airtel's Q3 net rises 54% to Rs 2,442 crore

Rediff.com5 Feb 2024

Bharti Airtel on Monday posted a 54 per cent jump in consolidated net profit to Rs 2,442.2 crore in the December quarter, mainly on account of growth in high value customers. Airtel prepaid mobile customers are required to pay at least Rs 155 for about a month-long service as the company had raised rates by 56 per cent in January 2023. Bharti Airtel managing director Gopal Vittal has indicated a need for further increase in mobile services rates.

SC: Profane OTT content can't be regulated by criminalising it

SC: Profane OTT content can't be regulated by criminalising it

Rediff.com20 Mar 2024

The top court set aside the Delhi high court verdict of March 6, 2023, by which it had upheld an order of the Additional Chief Metropolitan Magistrate (ACMM) asking the Delhi Police to register an FIR in connection with an episode in web series, 'College Romance', against TVF, the show's director Simarpreet Singh and actor Apoorva Arora under the Information Technology Act.

Why Megacities Are Not Cooling Down

Why Megacities Are Not Cooling Down

Rediff.com5 Jun 2024

The heat index in major metro cities in the country has majorly risen since 2010 compared to a decade earlier.

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.

Making Drones For India's Villages

Making Drones For India's Villages

Rediff.com16 May 2024

'From our survey we found that there was a problem in the agricultural sector and drones could solve the problem.'

Policy, valuations could keep rural stocks in play post-2024 polls result

Policy, valuations could keep rural stocks in play post-2024 polls result

Rediff.com13 Jun 2024

Most brokerages are betting that the new government will shift to a policy focussing on boosting rural incomes and consumption since that has clearly been a pain point.

Reliance Jio opposes proposal to change spectrum usage rate

Reliance Jio opposes proposal to change spectrum usage rate

Rediff.com30 Dec 2013

The uniform SUC, if implemented as per recommendations made by Telecom Regulatory Authority of India, will provide relief for mobile operators such as Airtel, Vodafone and Idea, but will increase rates for broadband wireless access spectrum holders like RJIL.

Never faced political pressure from powers that be: CJI Chandrachud

Never faced political pressure from powers that be: CJI Chandrachud

Rediff.com5 Jun 2024

"We live lives which are relatively isolated from the political arm of the government -- but obviously judges have to be conversant with the impact of their decisions on the polity at large. That's not political pressure but an understanding by the court of the likely impact of a decision," CJI Chandrachud said in his address at the Oxford Union.

Dombivli chemical factory blast toll rises to 8; more than 60 injured

Dombivli chemical factory blast toll rises to 8; more than 60 injured

Rediff.com23 May 2024

A major fire broke out inside the industrial area of Dombivli in Thane after a boiler exploded at the plant of a chemical company.