News for 'asia-pacific'

Mastercard Sells Entire 4.31% Stake in Fintech Firm Pine Labs for Rs 933 Crore

Mastercard Sells Entire 4.31% Stake in Fintech Firm Pine Labs for Rs 933 Crore

Rediff.com1 days ago

Global payments solution major Mastercard has fully exited Indian fintech firm Pine Labs, selling its entire 4.31 per cent stake for Rs 933 crore through block deals on the BSE.

GMR Aero Technic And StandardAero Forge Alliance For APAC On-Wing Engine MRO

GMR Aero Technic And StandardAero Forge Alliance For APAC On-Wing Engine MRO

Rediff.com1 days ago

GMR Aero Technic (GAT) and StandardAero have signed an agreement to establish an authorised service centre in India for on-wing engine support in the Asia-Pacific (APAC) region. This partnership aims to combine StandardAero's engine aftermarket expertise with GMR Aero Technic's MRO capabilities, offering a comprehensive range of specialised engine maintenance services to minimise aircraft downtime and enhance operational efficiency for airlines and operators in the region.

S&P, Fitch Raise India's FY27 GDP Growth Forecasts, Anticipate RBI Rate expected

S&P, Fitch Raise India's FY27 GDP Growth Forecasts, Anticipate RBI Rate expected

Rediff.com1 days ago

Fitch Ratings has increased India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, up from 6.4 per cent, attributing the revision to robust economic growth in the June quarter and overall economic resilience. The agency also anticipates the Reserve Bank of India (RBI) will raise interest rates by 0.25 per cent in October.

Check Point Software Appoints Krishnan V V To Lead India And South Asia Operations

Check Point Software Appoints Krishnan V V To Lead India And South Asia Operations

Rediff.com1 days ago

Check Point Software Technologies has appointed Krishnan V V as its Managing Director and Country Head for India and South Asia. He will be responsible for business strategy, P&L, go-to-market execution, and organisational development, leveraging his three decades of leadership experience in the cybersecurity and technology sectors.

Indian Firms Plan Highest AI Investment Growth in Asia-Pacific: Lenovo Study

Indian Firms Plan Highest AI Investment Growth in Asia-Pacific: Lenovo Study

Rediff.com5 Mar 2026

A Lenovo study reveals that Indian enterprises are planning to increase their investments in Artificial Intelligence (AI) at a higher rate than other countries in the Asia-Pacific region.

Why Google Picked 4 Indian Startups For Climate AI Programme

Why Google Picked 4 Indian Startups For Climate AI Programme

Rediff.com15 Sep 2026

Google has chosen four Indian startups -- Terrastack, Varaha Climate, Farmers for Forests, and Climitra Carbon -- for its inaugural Google DeepMind Accelerator: AI for the Planet programme.

'Such gimmicks by Pak nothing new': India rejects Masood Azhar bounty

'Such gimmicks by Pak nothing new': India rejects Masood Azhar bounty

Rediff.com16 Sep 2026

India has dismissed Pakistan's recent announcement of a seven million rupees bounty on Jaish-e-Mohammed chief Masood Azhar as a "gimmick," demanding concrete action against terrorism. India highlighted Pakistan's history of similar "phoney announcements" and its alleged sheltering of Azhar, while Pakistan faces international pressure from the FATF to crack down on terror financing.

Jeep places India at centre of Asia-Pacific strategy

Jeep places India at centre of Asia-Pacific strategy

Rediff.com2 Feb 2026

Jeep outlines a renewed regional roadmap with higher localisation, export expansion and focus on products and ownership experience amid intense competition in India's SUV market.

Pakistani Naval Captain Was Reckless, Incompetent

Pakistani Naval Captain Was Reckless, Incompetent

Rediff.com5 days ago

The captain of the Pakistani naval ship was overconfident, reckless and professionally incompetent. He displayed false bravado and by his actions would have caused grievous injuries to his men onboard and severely damaged the ship. On the other hand the captain of INS Kolkata maintained his cool, composure, displayed excellent seamanship skills and maintained his course and speed to avoid a major catastrophe. Comparison of the two captains shows the levels in professional competence of the two navies which are miles apart, points out Commodore Venugopal Menon (retd).

Hindu Outfit's Visit Provokes Eiffel Staff Strike

Hindu Outfit's Visit Provokes Eiffel Staff Strike

Rediff.com9 Sep 2026

Eiffel Tower employees launched a strike, leading to the iconic landmark's closure, after allegations surfaced that female staff were asked to vacate their posts during a visit by the Hindu religious organisation BAPS.

Google's Vizag AI Hub: Construction by '28, Full Ops in 5 Years

Google's Vizag AI Hub: Construction by '28, Full Ops in 5 Years

Rediff.com28 Aug 2026

Google aims to complete the first phase of its 1 gigawatt artificial intelligence (AI) data centre hub in Visakhapatnam by late 2028, with full operations across all phases expected within five years, according to Alexander Smith, Principal of Global Infrastructure and Energy for Asia Pacific at Google.

India's Junior Golfers Clinch APGC Team Championship

India's Junior Golfers Clinch APGC Team Championship

Rediff.com20 Jun 2026

Harjai Milkha Singh and Krish Chawla led India to victory in the boy's team event at the APGC Junior Golf Championship in Colombo, finishing one shot ahead of South Korea and Thailand. Harjai also secured a runner-up finish in the individual category.

Why Bank Frauds Keep Rising

Why Bank Frauds Keep Rising

Rediff.com7 Aug 2026

'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'

Why Have Flipkart, Netflix Tied Up?

Why Have Flipkart, Netflix Tied Up?

Rediff.com1 Aug 2026

'GenZ today is close to 45 to 50 per cent of the overall shopping journeys in the country. They are also very content-first in terms of entertainment or otherwise, general gratification of content and discovery.'

India to prioritise maritime security during UNSC bid

India to prioritise maritime security during UNSC bid

Rediff.com14 Jul 2026

External Affairs Minister S Jaishankar has affirmed India's commitment to ensuring issues like a free, open, and rule-based maritime order, seafarer safety, and countering terror financing receive due attention at the UN Security Council during its 2028-29 term.

ICICI Bank raises $1 bn in largest dollar issue this year, signalling strong investor confidence

ICICI Bank raises $1 bn in largest dollar issue this year, signalling strong investor confidence

Rediff.com25 Jul 2026

ICICI Bank has successfully raised $1 billion through a five-year senior unsecured US dollar bond, marking its first public dollar bond issuance since 2017 and the largest single-tranche US dollar bond issuance by an Indian issuer so far this year.

Olympic Medallist Vijender Singh Seeks Ministry Support For Haryana Boxing Academy

Olympic Medallist Vijender Singh Seeks Ministry Support For Haryana Boxing Academy

Rediff.com22 Jul 2026

Indian boxing icon Vijender Singh is planning to establish a boxing academy in his ancestral village of Kaluwas, Bhiwani, and has sought financial assistance from the Sports Ministry.

India maintaining balance of power in Indian Ocean: US

India maintaining balance of power in Indian Ocean: US

Rediff.com30 May 2026

US Secretary of War Pete Hegseth praised India's military modernisation efforts at the Shangri-La Dialogue in Singapore, highlighting its growing industrial and logistics capacity.

Apple achieves record June quarter revenue, but faces challenges

Apple achieves record June quarter revenue, but faces challenges

Rediff.com31 Jul 2026

Tech giant Apple reported a record June quarter revenue of USD 109.4 billion, a 16 per cent year-on-year increase, with significant double-digit growth in emerging markets like India. However, the company anticipates business risks in the coming quarters due to rising memory chip prices and ongoing supply constraints.

Guntas Kaur Sandhu To Lead India At Queen Sirikit Cup

Guntas Kaur Sandhu To Lead India At Queen Sirikit Cup

Rediff.com6 May 2026

Guntas Kaur Sandhu will lead the Indian team at the Queen Sirikit Cup, a prestigious Asia-Pacific amateur team championship in Indonesia.

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Rediff.com27 May 2026

Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.

How Embraer's New Jet Certifications Will Reshape Indian Regional Aviation

How Embraer's New Jet Certifications Will Reshape Indian Regional Aviation

Rediff.com7 Jul 2026

Brazilian aerospace company Embraer has secured type certification from India's aviation regulator, DGCA, for three of its commercial jets (E195-E2, E190, and E195). This approval, alongside an existing certification for its E175 jet, paves the way for Embraer to expand its presence in India's regional aviation market, supported by a strategic MoU with Adani Defence & Aerospace for a Final Assembly Line in Dholera, Gujarat.

Why Wipro's Q1 Net Profit Was Flat

Why Wipro's Q1 Net Profit Was Flat

Rediff.com18 Jul 2026

Wipro's net profit in the first quarter saw minimal growth, rising less than one per cent to 3,352 crore, while revenue increased by 10.6 per cent to 24,480 crore. The IT services segment, a key metric, grew by only one per cent year-on-year, falling short of analyst estimates amidst a challenging demand environment and longer decision cycles from clients.

ICC Revamps Cricket World Cups: Super 7 for ODI WC, Super 10 for T20 WC

ICC Revamps Cricket World Cups: Super 7 for ODI WC, Super 10 for T20 WC

Rediff.com15 Jul 2026

The International Cricket Council has announced significant format changes for the 2027 ODI World Cup and the 2028 T20 World Cup, aiming to increase competitiveness and consequence in both tournaments. The 2027 ODI World Cup will feature a Super Series and Super 7 stage, while the 2028 T20 World Cup will introduce a Super 10 stage after the group phase.

'Why Have The Number Of Jobs Created Fallen?'

'Why Have The Number Of Jobs Created Fallen?'

Rediff.com27 Jul 2026

'We have to pull 80 million workers out of agriculture and go back to where we were in 2014. That itself is going to be a huge task.' 'We have already lost time, and that is a catastrophe impending.''

Google Bets Big on India's AI Future

Google Bets Big on India's AI Future

Rediff.com15 Jul 2026

The aim is to win over the country's enterprises, developers and startups as AI systems shift from answering questions to autonomously executing tasks.

Foreign Universities Hire Indian Faculty

Foreign Universities Hire Indian Faculty

Rediff.com8 Jul 2026

Faculty recruitment is conducted directly by universities using global hiring standards while complying with Indian regulations.

RIL to build Meta's first AI data centre in India

RIL to build Meta's first AI data centre in India

Rediff.com11 Jun 2026

Meta has partnered with Reliance Industries Ltd (RIL) to construct its first AI-powered data centre in India, a 168-megawatt facility located in Jamnagar, marking a significant milestone in Meta's global infrastructure expansion and deepening its strategic partnership with Reliance.

'India Has Only 15 More Years Left...'

'India Has Only 15 More Years Left...'

Rediff.com27 Jul 2026

'After that the burdens of an ageing population will be upon us, and the share of working age population will shrink.'

OpenAI Strengthens India Presence With New Managing Director

OpenAI Strengthens India Presence With New Managing Director

Rediff.com27 Jun 2026

OpenAI has appointed Prabhjeet Singh as its Managing Director for India, a key market for the AI company. Singh, formerly President of Uber India and South Asia, will oversee consumer growth, enterprise adoption, partnerships, and regulatory engagement, reinforcing OpenAI's commitment to India's rapidly expanding AI ecosystem.

India's FY27 growth may slow to 6.6%: S&PGlobal

India's FY27 growth may slow to 6.6%: S&PGlobal

Rediff.com25 Jun 2026

S&P Global Ratings projects India's economic growth to slow to 6.6 per cent in FY27, down from 7.7 per cent in FY26, citing energy stress and a potential sub-par monsoon.

'US Thought They Could Pressurise India'

'US Thought They Could Pressurise India'

Rediff.com29 Jun 2026

'They talked bad about our leaders. They said India was a dead economy. They were not sensitive to the Indian psyche.'

Agnikul Partners With ICEYE To Develop, Launch Satellites

Agnikul Partners With ICEYE To Develop, Launch Satellites

Rediff.com1 Jul 2026

'With this deal, we may see even 50 launches a year within the next few years.'

Goa Welcomes Asia's Top Bridge Players For Championship

Goa Welcomes Asia's Top Bridge Players For Championship

Rediff.com20 Jun 2026

The 5th Bonus Asia Cup Bridge Championships are set to begin in Goa, featuring nearly 300 players from 16 countries. Defending champions India will compete across various categories, facing strong contenders like Hong Kong and Indonesia. The event, described as the "Asian Games of bridge," highlights India's growing role in the sport.

How Gaurav Gill Conquered The South India Rally

How Gaurav Gill Conquered The South India Rally

Rediff.com17 Apr 2026

Gaurav Gill marked his return to rally action with a dominant performance at the 49th South India Rally, showcasing his skill and precision.

The Strategic Importance Of Pakistan's Gwadar Port For China

The Strategic Importance Of Pakistan's Gwadar Port For China

Rediff.com13 Jul 2026

Gwadar is viewed as a critical pearl in China's maritime strategy as it would give a permanent logistical footprint near an important choke point - the Strait of Hormuz and the oil rich Persian Gulf, explains Commodore Venugopal Menon (retd).

Novartis Launches Prostate Cancer Radiotherapy

Novartis Launches Prostate Cancer Radiotherapy

Rediff.com23 Jun 2026

The launch highlights the growing maturity of India's nuclear medicine ecosystem.

India fuel retailers face credit strain as high oil prices persist, says Fitch

India fuel retailers face credit strain as high oil prices persist, says Fitch

Rediff.com5 May 2026

Fitch Ratings has warned that India's oil marketing companies (OMCs) could face significant credit pressure if crude oil prices remain elevated, leading to eroded earnings and increased working capital needs due to delayed fuel price pass-through.

Iranian supertanker bypasses US Navy blockade

Iranian supertanker bypasses US Navy blockade

Rediff.com3 May 2026

An Iranian tanker successfully bypassed the US Navy to deliver crude oil to the Asia-Pacific region, despite ongoing tensions and a US blockade.

Indian Lacrosse Teams Set Sights on LA 2028 Olympics After Asian Games Success

Indian Lacrosse Teams Set Sights on LA 2028 Olympics After Asian Games Success

Rediff.com25 Mar 2026

Indian men's and women's lacrosse teams, fresh off their gold-winning performance at the Asian Lacrosse Games, have been felicitated by the Sports Minister and urged to focus on qualifying for the 2028 Los Angeles Olympics.