Japanese investment giant SoftBank is looking to partially exit from three startups which are aiming at an IPO next year - Ola Electric, Swiggy and First Cry. But its decision will depend on the size of the offer for sale pool in each of the companies. According to sources aware of the strategy, Softbank invested over $850 million collectively in these companies whose value conservatively would go up more than 4.3 times to around $3.7 billion, based on preliminary estimates of their projected valuation when they go public next year.
Meet IAF Veteran Bhopinder Singh Saini from the Viro ke Vir Indian Party.
When Jia Shankar hits the ramp, expect her to bring some drama.
India's economy is not like Western ones, and thus needs restrained fiscal policy even during a recession, says Ajay Shah.
'China is struggling to get out of its property bubble.' 'Japan took 35 years to walk out of its equity bubble.' 'Bubbles can be difficult to forecast.'
'At the moment, there are no challenges to the Cheetah Project. If there are any challenges in the future, these will be addressed as we go forward'
Rediff.com spoke to registered investment advisors to figure out how best the extra Rs 17,500 saved ever year can be invested to create a decent corpus in the years ahead. This is what they said.
Speaking to PTI, Environment and Forest Minister Chandra Mohan Patowary said the additional chief secretary of the forest and environment department Ravi Shankar Prasad has been directed to look after the allegation following a reply to a social activist under the Right to Information Act.
Former Australian captain Aaron Finch on Wednesday slammed critics for questioning India batter Virat Kohli's place in Men in Blue's T20I set-up, calling the chatter around his spot "the biggest rubbish he has ever heard".
The Wayanad Lok Sabha seat, where Rahul Gandhi won for the second time in a row, comprises three assembly constituencies each in the tribal district of Wayanad and the Muslim-dominated Malappuram, as well as one in Kozhikode district where Christians hold a significant vote base.
The woes have become a serious issue of concern for Bengalureans, especially in Whitefield, KR Puram, Electronic City, RR Nagar, Kengeri and CV Raman Nagar.
Reserve Bank Governor Shaktikanta Das on Friday said there is no plan to loosen interest rates as inflation continues to be the top priority for the central bank. Speaking to reporters at the central bank headquarters here, Das clarified that the inclusion of "over tightening" in his statement while announcing the fifth consecutive status quo in rates, should not be construed as anything else. A "loosening" in rates is not on the table, Das added.
A group of 91 retired bureaucrats has appealed to the Centre to withdraw the Green Credits programme, which they claimed may facilitate diversion of forest land to private entities. "Quick, smooth and easy diversion of our forest lands in favour of user agencies is apparently the sole intention of this set of Green Credits rules. "We urge the MOEFCC to recognise this danger and withdraw the Green Credits notification expeditiously," the group of former civil servants wrote in an open letter to the Ministry of Environment, Forest and Climate Change (MoEFCC).
Trawling back into the past, she said her family had an elephant mahal, where the jumbos were kept in large numbers after being tamed and domesticated.
The Centre has set up an 11-member high-level steering committee to review and monitor the progress of the cheetah reintroduction programme and provide suggestions on the opening of the cheetah habitat for eco-tourism.
Efforts have also intensified to extinguish the raging forest fires in the state, especially in the worst-affected areas of Nainital, Haldwani and Ramnagar forest divisions, forest officials here said on Sunday.
Godrej Consumer Products (GCPL) reported 6 per cent year-on-year (Y-o-Y) consolidated net revenue growth in Q4FY24 to Rs 3,385 crore and this was impacted adversely by currency movement. The constant currency (CC) growth would have been 30 per cent Y-o-Y in Q4FY24. India business clocked 12 per cent Y-o-Y revenue growth (5 per cent of it organic) with volume growth of 15 per cent Y-o-Y (7 per cent organic).
Ramoji Rao lived as the interface between business and politics and was an active participant in both for most of his remarkable life.
'I don't know where this acting keeda came into her. One day she just announced she was going to be an actor. And that was it.'
He finished a stellar T20 International career, registering the record for most by runs any player in T20 World Cups -- 1,292 runs in 35 matches.
The two major parties offer the United States choices that are basically unacceptable and the bench strength, such as it is, is not entirely capable of winning popular acclaim, notes Shreekant Sambrani.
Domestic rating agency Icra on Monday revised its FY24 GDP growth forecast to 6.5 per cent from 6.2 per cent earlier. However, the revised forecast is still much lower than the Reserve Bank of India's (RBI's) 7 per cent real Gross Domestic Product (GDP) growth estimate for the ongoing fiscal. Earlier this month, the RBI had revised upwards its GDP estimate to 7 per cent from 6.5 per cent, calling the revised number a "conservative" one.
Indian-American Nikki Haley suspended her presidential campaign on Wednesday after being defeated in 15 states across the United States on Super Tuesday, paving the way for a rematch between her rival Donald Trump and incumbent Joe Biden in the November elections.
Spiritual leader Sadhguru Jaggi Vasudev underwent an emergency brain surgery at a private hospital in New Delhi after suffering "life-threatening" bleeding in the skull and is now recovering well, a senior doctor said on Wednesday.
Legendary Australian cricketer Ian Chappell has punched holes in England skipper Ben Stokes' aggressive leadership tactics during the just-concluded five-Test series against India, saying some of his decisions were responsible for the visitors' 1-4 series humiliation.
Salaries in India are expected to increase by 9.5 per cent in 2024, slightly lower than the actual increase of 9.7 per cent in 2023, largely in response to market dynamics, according to global professional services firm Aon plc. According to the firm's annual salary increase and turnover survey 2023-24 India, that analysed data across 1,414 companies from almost 45 industries, salary increase in India seems to have stabilised at high single digits, after the post-pandemic high increments in 2022. "The projected increase in salaries in the Indian formal sector indicates a strategic adjustment in response to the evolving economic landscape.
Since the last nine years, gold investors have made money each year, while gains in silver have been consistent only in the last five years.
'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'
More than 80 per cent of Indians live in districts vulnerable to climate risks. Among these, Assam, Andhra Pradesh, Maharashtra, Karnataka, and Bihar are the most vulnerable states to extreme climate events.
According to the data, the tiger population was 1,411 in 2006, 1,706 in 2010, 2,226 in 2014, 2,967 in 2018 and 3,167 in 2022.
AB de Villiers isn't one bit surprised at the possibility of his good mate Virat Kohli playing in this year's T20 World Cup.
While disposing of an appeal, it said as far as the prayer for taking steps to save and conserve critically endangered indigenous species of livestock is concerned, it will be open for the appellant to make a representation to the state governments concerned.
Volkswagen Passenger Cars is targeting a volume sales growth of about 15 per cent in the country in 2024, even as it expects the Indian passenger vehicle (PV) industry to grow by 5-7 per cent in the current year, its India brand director, Ashish Gupta, said on Thursday. This means the company is expecting to grow 2-3 times faster than the Indian PV industry in 2024. But globally, the German automaker is expecting just 3 per cent rise in sales this year, down from 12 per cent last year.
Nearly Rs 3,400 crore (Rs 34 billion) in cash and other items were seized in the elections in 2022-2023, an increase of 835 per cent over 2017-2018.
In a letter to Dhankhar, Ramesh said sending the Bill to the joint committee of both Houses means "devaluation and denigration" of the status and functions of the standing committee.
Though the contest is tough in Baramati, Sule has an edge over her rival as the locals may not break the pattern that she is meant for the Lok Sabha and Ajit Pawar for the state assembly, the political analyst felt.
After three days of intense search operations, forest department officials tracked the wild cat in the city's outskirts at Kudlu Gate near Electronic City in Bengaluru South.
Experts from South Africa and Namibia, who are helping reintroduce cheetahs in India, have recommended fencing their habitats to prevent poaching, habitat fragmentation and minimise human-animal conflict.
India had been striving for long to get a UNESCO tag for this cultural site located in Birbhum district.
United States President Joe Biden has slammed his predecessor Donald Trump for dragging Indian-American Republican presidential candidate Nikki Haley's husband into the swirl of personal attacks.
