News for 'Unit Trust of India'

Adani Energy raises $1 bn in share sale, first since Hindenburg

Adani Energy raises $1 bn in share sale, first since Hindenburg

Rediff.com30 Jul 2024

Billionaire Gautam Adani-led group's power transmission unit has raised $1 billion through a share sale, the first public equity raise by the conglomerate since a damning Hindenburg report, which wiped away billions in shareholder value. Adani Energy Solutions Ltd raised the funds through a qualified institutional placement (QIP) issue, sources with direct knowledge of the matter said. The QIP, which opened on Tuesday, was oversubscribed three times with demand of about Rs 26,000 crore - making it the largest transaction in India's energy space.

Want To Invest In Crypto? Read This

Want To Invest In Crypto? Read This

Rediff.com16 Dec 2024

Regularly monitor your account for any suspicious activity. Keep your devices updated with the latest security patches to prevent vulnerabilities. Ensure the physical wallet you use is stored securely to avoid loss or theft.

'MLAs' Homes Are Being Burned, Ransacked'

'MLAs' Homes Are Being Burned, Ransacked'

Rediff.com18 Nov 2024

'One of our MLA's homes has already been attacked by the mob. This legislator was beaten. This MLA belongs to the Meitei community.' 'There is a complete collapse of law and order in Manipur.'

No response to 26/11, but it won't be the case anymore: Jaishankar

No response to 26/11, but it won't be the case anymore: Jaishankar

Rediff.com27 Oct 2024

"We should not have a repeat of what happened in Mumbai. That there was a terror attack and there was no response," Jaishankar told reporters in Mumbai.

Russia's Unease Over India-US Proximity

Russia's Unease Over India-US Proximity

Rediff.com5 Mar 2024

The scaling up of the India-US strategic partnership to the level of non-NATO ally with defence deals, sharing and transfer of defence technology, interoperability, joint collaboration and joint production of defence equipment has exacerbated Moscow's anxiety, notes Rup Narayan Das.

Goodbye Skipper!

Goodbye Skipper!

Rediff.com29 Nov 2024

'He asserted in his usual jovial style that he was not an MBA like his audience at IIM-Ahmedabad but perhaps had an even better business degree: MBB'. 'He went on to explain to his perplexed, blue chip B-School audience that MBB stood for "Marwadi by birth"!' Shivanand Kanavi salutes Shashi Ruia, co-founder of the Essar group who passed into the ages on November 25, 2024 in Mumbai.

Tatas to be India's first homegrown iPhone maker

Tatas to be India's first homegrown iPhone maker

Rediff.com27 Oct 2023

Tata Group is set to become India's first homegrown iPhone maker after Taiwan's Wistron Group agreed to sell a plant in Bengaluru to India's largest conglomerate. Wistron's board approved the sale of Wistron InfoComm Manufacturing (India) Private Ltd to Tata Electronics for $125 million, the Taiwanese electronics manufacturer said in a statement on Friday. The unit operates an iPhone assembly plant near Bengaluru.

India's first public InvIT for road, highway projects in the works

India's first public InvIT for road, highway projects in the works

Rediff.com8 Aug 2023

After the success of the National Highways Authority of India's (NHAI's) first infrastructure investment trust (InvIT) with foreign institutional investors, the Centre is working on a proposal to launch a fresh InvIT for national highways, where domestic retail investors can hold units of the trust

INDIA bloc slams Modi for 'Ram temple-bulldozer' claim

INDIA bloc slams Modi for 'Ram temple-bulldozer' claim

Rediff.com18 May 2024

Kharge accused PM Modi of inciting people over the issues "that the Congress will never do".

Nitish Kumar wins trust vote amid BJP walkout

Nitish Kumar wins trust vote amid BJP walkout

Rediff.com24 Aug 2022

Altogether 160 MLAs voted in favour of the confidence motion while no vote was cast against the same.

Sebi puts NSDL's IPO in abeyance

Sebi puts NSDL's IPO in abeyance

Rediff.com3 Aug 2023

Capital markets regulator Sebi has kept in 'abeyance' the proposed initial share sale of securities depository NSDL. However, the Securities and Exchange Board of India (Sebi) did not clarify further. The National Securities Depository Ltd (NSDL) filed its preliminary papers with the capital markets regulator on July 7.

What Modi Can Learn From Trump's DOGE

What Modi Can Learn From Trump's DOGE

Rediff.com28 Nov 2024

'Our politicians solely depend on bureaucrats who are unaccountable and follow their own agenda.' 'Our politicians would dare not dream of establishing a DOGE,' argues Lieutenant General Prakash Katoch (retd).

Nitish to face trust vote, BJP Speaker refuses to quit

Nitish to face trust vote, BJP Speaker refuses to quit

Rediff.com24 Aug 2022

The special session is set to commence on a stormy note on account of Speaker Vijay Kumar Sinha's stout refusal to resign despite the new ruling dispensation's motion of no-confidence against him.

MPs spar over Maharashtra upheaval during no-trust motion

MPs spar over Maharashtra upheaval during no-trust motion

Rediff.com8 Aug 2023

Shinde, participating in a discussion on the no-confidence motion in the Lok Sabha, took a jibe at the opposition coalition Indian National Develomental Inclusive Alliance (INDIA) describing it as a 'destructive alliance' and said the next elections will be fought on the issue of scams of the United Progressive Alliance and schemes of the National Democratic Alliance.

Why Muslims Prefer This BJP Candidate

Why Muslims Prefer This BJP Candidate

Rediff.com19 Nov 2024

Will Hindus not vote for a Muslim candidate? Is that why such few Muslims are given tickets? Two constituencies in Mumbai break prevalent stereotypes about these difficult questions.

SC takes note of Allahabad HC judge's remark at VHP event

SC takes note of Allahabad HC judge's remark at VHP event

Rediff.com11 Dec 2024

The Supreme Court has sought details from the Allahabad High Court regarding controversial statements made by Justice Shekhar Kumar Yadav at a VHP function. The development comes amid calls for action against the judge for his remarks, which have been labeled as hate speech by some. The judge's statements were made at a VHP function on December 8, where he spoke about the Uniform Civil Code and the law working according to the majority. Several individuals and organizations, including lawyer Prashant Bhushan and CPI(M) leader Brinda Karat, have called for an inquiry into the judge's conduct and for his removal from judicial duties.

A tool used...: China blows hot and cold over Quad summit

A tool used...: China blows hot and cold over Quad summit

Rediff.com23 Sep 2024

Ever since the Quad started taking shape in 2007, China has been saying that the four-member grouping will be bound to fail. But much to the chagrin of Beijing, it picked up pace in the recent years emerging as a premier strategic group especially challenging China's assertiveness in the disputed South China Sea.

Haryana youth turn to Dunki as there are no jobs: Rahul

Haryana youth turn to Dunki as there are no jobs: Rahul

Rediff.com24 Sep 2024

Leader of Opposition in the Lok Sabha Rahul Gandhi on Tuesday alleged that the Bharatiya Janata Party has done 'grave injustice' to the youth of the country, including in Haryana, by snatching employment opportunities and forced them to undertake a 'journey of torture' to foreign countries.

Hindu outfit removes Sai Baba statues from Varanasi temples

Hindu outfit removes Sai Baba statues from Varanasi temples

Rediff.com1 Oct 2024

Rammu Guru, the head priest of the temple, said, "Sai Baba was being worshiped without proper knowledge, which is forbidden according to scriptures."

Sitaram Yechury: A face of pragmatic Left politics

Sitaram Yechury: A face of pragmatic Left politics

Rediff.com12 Sep 2024

The CPI-M leader was fluent in Hindi, Telugu, Tamil, Bangla, and also Malayalam. He was also well-versed in Hindu mythology, and often used those references in his speeches especially to attack the BJP.

'EC Can Shut Mouths Once And For All'

'EC Can Shut Mouths Once And For All'

Rediff.com28 Nov 2024

'If machines (EVMs) are so reliable, if our electoral system is so reliable, then why has the Election Commission so far not even responded to an ADR plea to share data of 79 (Lok Sabha) constituencies where there's a (alleged) dispute?'

How hockey team crushed mental hurdles in bronze-medal run

How hockey team crushed mental hurdles in bronze-medal run

Rediff.com10 Aug 2024

Harmanpreet said all of it helped when the team was faced with nervy situations like the the quarter-final against Britain, when they were reduced to 10 men for more than 40 minutes after Amit Rohidas was red-carded for dangerous play.

Why dropping Shami could be risky for India

Why dropping Shami could be risky for India

Rediff.com14 Sep 2023

Decision to rest Mohammed Shami, a move Mhambrey acknowledges is not easy.

'Being a champion is an experience like no other...'

'Being a champion is an experience like no other...'

Rediff.com5 Jul 2024

'Unless you're part of a winning team, you'll never truly grasp the sheer exhilaration and meaning behind this victory.'

India's ambitious chip dream all set to be real

India's ambitious chip dream all set to be real

Rediff.com18 Feb 2024

Two full-fledged semiconductor fabrication plants are going to come up in India very soon entailing multi-billion dollar investment besides several chip assembly and packaging units, Minister of Electronics and IT Rajeev Chandrasekhar said. In an interview with PTI, the minister confirmed that the two projects include a $8 billion proposal submitted by Israel-based Tower Semiconductors and the other from Tata Group. "I am happy to share this with you and you are probably the first one I'm sharing this with.

Bypolls: Voting picks up amid stone pelting in UP

Bypolls: Voting picks up amid stone pelting in UP

Rediff.com20 Nov 2024

An average voter turnout of 20 per cent was recorded in the first four hours of voting in the bypolls to 15 assembly seats spread across Uttar Pradesh, Punjab, Kerala and Uttarakhand on Wednesday amid an incident of stone pelting in a village in UP's Meerapur and allegations of police personnel deterring voters from casting their ballot.

How WCT20 Can Help Boost Trade

How WCT20 Can Help Boost Trade

Rediff.com17 Jun 2024

Global consumer preferences can be influenced through music, films, literature, yoga and sports because they create interest and a sense of familiarity that can help our businesses to access foreign markets, suggests T N C Rajagopalan.

'Next DGP Must Only Be According To Seniority'

'Next DGP Must Only Be According To Seniority'

Rediff.com4 Nov 2024

'If you want to have fair elections you should have an officer, who is appointed as per the rules laid down for such appointments, which is based on seniority.'

G20: India-Middle East-Europe connectivity corridor announced

G20: India-Middle East-Europe connectivity corridor announced

Rediff.com9 Sep 2023

Modi said today "we all have reached an important and historic partnership".

Kharge set to be named INDIA chair, Nitish could be convener

Kharge set to be named INDIA chair, Nitish could be convener

Rediff.com13 Jan 2024

Consensus emerged on the appointment of Congress president Mallikarjun Kharge as the chairperson of the opposition Indian National Developmental Inclusive Alliance (INDIA), while Janata Dal-United chief Nitish Kumar's name was proposed for the convener's post, pending approval of parties absent at the alliance meeting on Saturday, according to sources.

'India is a trusted friend and important US ally'

'India is a trusted friend and important US ally'

Rediff.com4 May 2010

India is a trusted friend of the United States and an important ally in addressing the various global challenges, which both the countries faced, a top democratic senator has said.

How DAP Targets Honest Taxpayers, Misses Evaders

How DAP Targets Honest Taxpayers, Misses Evaders

Rediff.com4 Oct 2024

DAP does not consider past I-T returns to match a taxpayer's resources with their expenditures or investments, points out Harsh Roongta.

2nd T20: How India's bowlers tackled dew to outclass Australia

2nd T20: How India's bowlers tackled dew to outclass Australia

Rediff.com27 Nov 2023

'We were prepared, we knew that dew was going to play a huge role.'

'Modi will win with largest majority ever recorded'

'Modi will win with largest majority ever recorded'

Rediff.com25 May 2024

Ron Somers, founder and CEO of India First Group and the former President of leading business advocacy group US-India Business Council said that when Lok Sabha election results are declared on June 4, "I believe that Narendra Modi will win Parliament by the largest majority ever recorded in the country's history.

US chipmaker AMD to invest $400 mn in India

US chipmaker AMD to invest $400 mn in India

Rediff.com28 Jul 2023

US chipmaker Advanced Micro Devices (AM) on Friday announced a $400 million investment in India over the next five years and said it will build its largest design centre in Bengaluru. AMD chief technology officer Mark Papermaster made the announcement at the annual semiconductor conference in the presence of Prime Minister Narendra Modi. Undeterred by Taiwan's Foxconn pulling out of his group's $20 billion semiconductor-making venture, mining baron Anil Agarwal said the first phase of Vedanta's chip-making project will be ready in two-and-a-half years.

The World's First Suicide Bomber

The World's First Suicide Bomber

Rediff.com21 Oct 2024

On the night of July 5, the Tigers launched their first kamikaze operation. Miller took the wheels of the explosive-packed truck, smiled at everyone as he turned the ignition key and drove it slowly towards the Sri Lankan military camp. A few moments later all of Jaffna heard a thunderous explosion that brought the complex crashing down in clouds of dust. Miller had given birth to a deadly tactic that Prabhakaran would employ time and again with devastating consequences to Sri Lanka -- and India. A fascinating excerpt from M R Narayan Swamy's must read new book, The Rout Of Prabhakaran.

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Rediff.com17 Jul 2024

Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent decrease from its last funding round valuation of around $5.5 billion, according to industry sources. The Bhavish Aggarwal-founded firm aims to file for the IPO by next month, according to people familiar with the matter. "The strategy is to price the IPO attractively for investors, fostering long-term growth and wealth creation," said a source.

Happy Congress took note of my issues, will fight polls unitedly, says Pilot

Happy Congress took note of my issues, will fight polls unitedly, says Pilot

Rediff.com6 Jul 2023

Congress leader Sachin Pilot on Thursday expressed happiness that the Congress party has taken cognisance of the issues raised by him about welfare of youth and corruption under the previous Vasundhara Raje government in Rajasthan, and asserted the party will contest the assembly polls unitedly to secure a massive victory.

SEE: Tendulkar plays roadside cricket in Uri!

SEE: Tendulkar plays roadside cricket in Uri!

Rediff.com22 Feb 2024

Cricketing great Sachin Tendulkar on Wednesday visited the Aman Setu bridge -- the last point on the Line of Control in Uri sector of Jammu and Kashmir.

'The Waqf Bill Is Very Dangerous'

'The Waqf Bill Is Very Dangerous'

Rediff.com9 Aug 2024

'Under this amendment, in any dispute over Waqf properties, the Waqf Board cannot approach the court.' 'This is very surprising because the government instead of protecting Waqf properties they are snatching it away and not allowing them to go to court.' 'The third biggest landowner in India is the Waqf Board after the Indian Army and Indian Railways.'