News for 'Unit Trust of India'

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.

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.

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.

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.'

'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.'

Swaraj's visit will enhance 'political trust' with India: China

Swaraj's visit will enhance 'political trust' with India: China

Rediff.com18 Apr 2018

We have seen great strides in all-around cooperation, Chinese foreign ministry spokesperson said.

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.

'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.

Nexus files for $500 mn IPO in India's 1st retail REIT public offer

Nexus files for $500 mn IPO in India's 1st retail REIT public offer

Rediff.com18 Nov 2022

Global investment firm Blackstone-sponsored Nexus Select Trust has filed the draft paper with market regulator Sebi to launch India's first public issue of retail REIT to raise around $500 million (about Rs 4,000 crore), sources said. Nexus Select Trust has a portfolio of 17 operational shopping malls across 14 major cities, covering about 10 million square feet of area valued at around $3 billion. As per the sources, Nexus Select Trust has on Thursday filed the Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) and is looking to hit the capital market with India's first retail REIT (Real Estate Investment Trust) public issue in the first half of the 2023 calendar year.

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.

Imran Khan becomes 1st Pak PM to lose no-trust vote

Imran Khan becomes 1st Pak PM to lose no-trust vote

Rediff.com10 Apr 2022

While in power, Khan repeatedly talked about making Pakistan an Islamic welfare state. However, he failed to fix the economy and the basic problem of keeping the prices of commodities in control.

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.

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.

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.

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

Rediff.com12 Aug 2022

From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.

Jharkhand's Champai Soren to face floor test today

Jharkhand's Champai Soren to face floor test today

Rediff.com5 Feb 2024

The MLAs of the ruling JMM-led alliance exuded confidence of winning the floor test, while the opposition BJP asserted that the coalition would be defeated.

Huge win for India as G20 adopts New Delhi declaration

Huge win for India as G20 adopts New Delhi declaration

Rediff.com9 Sep 2023

"Have just got the good news that due to the hard work of our teams and your cooperation, a consensus has been reached on New Delhi G20 Leaders Summit Declaration," Modi said while addressing the second session of the Summit at the Bharat Mandapam in New Delhi.

India Inc leans on InvITs to reduce debt, generate returns for investors

India Inc leans on InvITs to reduce debt, generate returns for investors

Rediff.com20 Apr 2023

Reliance Industries, construction major L&T and IRB Infrastructure are some of the top companies that have used an infrastructure investment trust structure to reduce part of their debt and generate returns for their investors. Earlier this month, IRB Infrastructure InvIT was listed on the National Stock Exchange, giving its investors an option to exit by selling their units. The listing came within months of the Securities and Exchange Board of India's (Sebi's) guidelines for conversion of private unlisted InvITs into listed ones were issued.

Long tail exposes India's shortcomings in T20Is

Long tail exposes India's shortcomings in T20Is

Rediff.com7 Aug 2023

'India tend to taper off at the end. You don't need batters down at 9/10 but they must have the ability to hit boundaries.'

'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.'

Sonia Or Kharge: Who Will Be INDIA Chairperson?

Sonia Or Kharge: Who Will Be INDIA Chairperson?

Rediff.com30 Aug 2023

'Most leaders, from Lalu Yadav and Mamata to M K Stalin, respect and trust Sonia. She should continue unless she expressly declines.'

Meet the members of Ayodhya Ram temple trust

Meet the members of Ayodhya Ram temple trust

Rediff.com6 Feb 2020

The government on Wednesday named nine out of 15 members of the 'Shri Ram Janambhoomi Teertha Kshetra' trust constituted for the construction of Ram temple in Ayodhya as mandated by the Supreme Court. Here's all you need to know about the members of the trust who have been named so far.

Major defence deals with India to be announced: White House

Major defence deals with India to be announced: White House

Rediff.com22 Jun 2023

Modi and Biden will have a one-on-one meeting in the Oval Office of the White House on Thursday before holding high-level talks.

Donkey agents misuse visa on arrival for trafficking, 11 held

Donkey agents misuse visa on arrival for trafficking, 11 held

Rediff.com11 Jul 2024

The countries offering visa-on-arrival service to Indian nationals have been exploited as 'Donkey Routes' by agents for people who endeavour to reach the United States and Canada.

BJP MLA winning Muslims's trust on CAA, NRC

BJP MLA winning Muslims's trust on CAA, NRC

Rediff.com15 Jan 2020

'Till the time we do not remove fear in the minds of Muslims of India, how will we achieve peace?' asks the Bharatiya Janata Party MLA from Gorakhpur, Radha Mohan Das Agarwal, who says he will resign as a member of the Uttar Pradesh assembly if any Indian Muslim of his constituency is evicted from the country during the Citizenship (Amendment) Act exercise.

What was in red bag on IC-814 flight? Ex-envoy reveals in new book

What was in red bag on IC-814 flight? Ex-envoy reveals in new book

Rediff.com14 Sep 2024

"The 'red bag' belonged to one of the hijackers, it contained explosives, and possibly, real passports, too.

'You show them who you are': Kamala invokes mother as she accepts presidential nomination

'You show them who you are': Kamala invokes mother as she accepts presidential nomination

Rediff.com23 Aug 2024

Describing her Republican rival Donald Trump as an unserious man, Kamala Harris warned Americans of the consequences of re-electing him for the second term.

Irony that Kejriwal who was part of anti-graft movement...: Hazare

Irony that Kejriwal who was part of anti-graft movement...: Hazare

Rediff.com23 Mar 2024

Hazare in a statement accused Kejriwal of betraying the trust of crores of countrymen and rued that political ambitions destroyed the 2011 anti-corruption movement.

What Do These Pix Tell Us?

What Do These Pix Tell Us?

Rediff.com6 Jun 2024

President Droupadi Murmu hosted a dinner for the outgoing Union council of ministers at Rashtrapati Bhavan.

Economics for India, strategic trust for China

Economics for India, strategic trust for China

Rediff.com14 May 2015

While the two sides' objectives may appear to differ, it is clear that both India and China are emphasising on the common minimum possible areas of cooperation between them, says Srikanth Kondapalli.

Extreme training: Horn's recipe for Indian hockey win

Extreme training: Horn's recipe for Indian hockey win

Rediff.com31 Jul 2024

As India prepare for their quarter-final match, it seems that Horn's boot-camp has had its desired effect.

JNUSU gets first Dalit president after 30 yrs as Left sweeps polls

JNUSU gets first Dalit president after 30 yrs as Left sweeps polls

Rediff.com25 Mar 2024

The Jawaharlal Nehru University Students Union (JNUSU) on Sunday elected its first Dalit president from the Left-backed groups after nearly three decades.

'Historically, 2023 is the best year for India-US ties'

'Historically, 2023 is the best year for India-US ties'

Rediff.com8 Dec 2023

The relationship between the US and India has been very productive, in particular on the trade and technology front, and 2023 can be considered the best year historically for bilateral ties, according to a former top American trade official. Arun Kumar, an Indian-American, who served as the assistant secretary of Commerce for Global Markets and director general of the US and Foreign Commercial Service (USFCS) during the Obama administration, said this during an interview with PTI in Washington. "Looking back on 2023, it was a very productive year for the US-India relationship, by many accounts the best year historically," he said.

Ayodhya And India's New Tryst With Destiny

Ayodhya And India's New Tryst With Destiny

Rediff.com12 Jan 2024

If Saudi Arabia, with just two Muslim holy sites of Mecca and Medina, can create a huge tourism-based ecosystem beyond oil, Ayodhya is sure to become the world's hottest religious tourism site in less than a decade, predicts R Jagannathan.

Back from China, Maldives Prez takes veiled dig at India

Back from China, Maldives Prez takes veiled dig at India

Rediff.com13 Jan 2024

Returning home after a five-day high-profile state visit to China, Maldives President Mohamed Muizzu on Saturday struck a defiant note saying that his country may be small but 'doesn't give them the license to bully us'.

In FY25, NHAI to monetise 2,741 km roads

In FY25, NHAI to monetise 2,741 km roads

Rediff.com18 Apr 2024

The National Highways Authority of India (NHAI) is looking to monetise 33 stretches of national highways during the current financial year (FY25) through its toll operate transfer (TOT) and infrastructure investment trust (Invit). These stretches include Lucknow-Aligarh, Kanpur-Ayodhya-Gorakhpur, and Bareilly-Sitapur in Uttar Pradesh, Gurugram-Kotputli-Jaipur bypass and Jaipur-Kishangarh in Rajasthan, Panikoili-Rimuli in Odisha, Chennai Bypass in Tamil Nadu, and Muzaffarpur-Darbhanga-Purnia highway in Bihar. Cumulatively, the 33 stretches, spanning 2,741 kilometres (km) earned approximately Rs 5,000 crore revenue in FY24.

Modi's US video blitz: India has lost trust in UPA govt

Modi's US video blitz: India has lost trust in UPA govt

Rediff.com13 May 2013

Asserting that he has given a new meaning to "development" during his 12-year rule in Gujarat, Chief Minister Narendra Modi has said that the greatest challenge facing India is restoring the trust of the people.

OpenAI not to allow AI for political campaigning in polls

OpenAI not to allow AI for political campaigning in polls

Rediff.com16 Jan 2024

Besides India, the United States and the United Kingdom will also go to the polls this year.

People in democracies need a sense of uncertainty

People in democracies need a sense of uncertainty

Rediff.com20 Mar 2024

For trust in democracy to be retained, elections need to be not just free of intervention -- ruling out Pakistan and Russia -- but also demonstrate the capability to both deliver ruling mandates and hold the potential for large swings in favour of the opposition, points out Mihir S Sharma.And, after an election is done, they need to see a mandate in order to go back to their lives and let their representatives get on with the business of government, points out Mihir S Sharma.

Can India trust Gota and the Rajapaksas?

Can India trust Gota and the Rajapaksas?

Rediff.com5 Dec 2019

New Delhi is approaching Gota with an open mind, observes N Sathiya Moorthy.