News for 'construction firm'

Day 5 of Odisha I-T raids: Cash haul goes past Rs 300 cr

Day 5 of Odisha I-T raids: Cash haul goes past Rs 300 cr

Rediff.com10 Dec 2023

The marathon raids against Boudh Distillery Private Limited, its promoters and others entered the fifth day on Sunday.

He Delivered Milk When He Was 6. At 29 He's A Magistrate!

He Delivered Milk When He Was 6. At 29 He's A Magistrate!

Rediff.com28 Jan 2025

'Studying was never an important part of our life, surviving was.'

Malaysian firm to develop township in India

Malaysian firm to develop township in India

Rediff.com11 Jul 2005

Malaysian construction firm IJM Corp. said Monday it is jointly developing a township in India's southern Andhra Pradesh state for 599 million ringgit ($158 million).

The India Story: 90% Work In Progress

The India Story: 90% Work In Progress

Rediff.com2 Jan 2025

From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.

Day after, this is what China has to say on Modi-Xi meet

Day after, this is what China has to say on Modi-Xi meet

Rediff.com24 Oct 2024

China on Thursday said the meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping in Russia's Kazan on Wednesday carries a "great significance" as they reached an "important common understandings" to improve the bilateral ties.

Skilling plan laudable, but needs clarity: Biz leaders

Skilling plan laudable, but needs clarity: Biz leaders

Rediff.com2 Aug 2024

While praising the internship scheme announced in the Budget, India Inc wants clarity on how it will be implemented. The scheme is expected to help companies address the skill gap in employment. Dheeraj Hinduja, chairman, auto major Ashok Leyland, said: "We had started an internship programme at our plant in Pantnagar, which we established in 2010 with colleges there.

Expert explains why Shivaji Maharaj statue collapsed

Expert explains why Shivaji Maharaj statue collapsed

Rediff.com29 Aug 2024

Corroded nuts and bolts likely contributed to the collapse of the Chhatrapati Shivaji Maharaj statue by causing a failure in steel members forming the frame inside the statue, according to a structural engineer.

Home construction: Analysts bet on pipe makers; wary on tile, paint segment

Home construction: Analysts bet on pipe makers; wary on tile, paint segment

Rediff.com14 Mar 2023

Notwithstanding expectations of a pick-up in construction activity during a seasonally strong January-March quarter (fourth quarter) of 2022-23 (FY23), analysts are cautiously optimistic about the building material sector - encompassing paints, pipes, wood panels, tiles, metals, and cement - as volatile input costs, coupled with fears of a global slowdown, are making demand projections uncertain. Against this backdrop, analysts suggest investors stay selective and pick stocks of companies with stronger brand recall, expanding distribution network, diversified product profile, healthier balance sheet, and sustainable cash flow. "The government's various proposals under Budget 2023-24 (FY24) may lead to the building material segment growing between 8 per cent and 12 per cent for the next five years.

ATMs to loans: All eyes on the road for finance world

ATMs to loans: All eyes on the road for finance world

Rediff.com6 Jan 2025

In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

Trump picks Fox News host as defence secretary

Trump picks Fox News host as defence secretary

Rediff.com13 Nov 2024

United States President-elect Donald Trump on Tuesday announced the nomination of popular Fox News host and Army veteran Pete Hegseth, 44, as his defence secretary.

Why Is Maharashtra An Underperformer?

Why Is Maharashtra An Underperformer?

Rediff.com23 Nov 2024

'Why has Maharashtra slipped up over the past couple of decades?' 'Not only is this question critical for residents of the state, but given that it accounts for 14% of India's GDP, a faster-growing Maharashtra implies a faster-growing India as well, point out Shishir Gupta and Rishita Sachdeva.

Protect our CPEC workers from terror attacks, China tells Pak

Protect our CPEC workers from terror attacks, China tells Pak

Rediff.com16 May 2024

Pakistan's deputy Prime Minister and Foreign Minister Ishaq Dar, who is in China on a four-day visit, and Chinese Foreign Minister Wang Yi co-chaired the fifth round of the foreign minister-level China-Pakistan Strategic Dialogue.

Hyderabad co got big projects close to dates of electoral bond purchases

Hyderabad co got big projects close to dates of electoral bond purchases

Rediff.com22 Mar 2024

Megha Engineering and Infrastructure Ltd made a number of electoral bond purchases close to the date of bagging crucial projects, including the all-weather Zojila tunnel that is being constructed at an estimated cost of Rs 4,500 crore in Jammu and Kashmir.

AMU order: Dissenting judge flags lack of time, non-exchange of ideas

AMU order: Dissenting judge flags lack of time, non-exchange of ideas

Rediff.com8 Nov 2024

Aligarh Muslim University is not a minority educational institution, Supreme Court's Justice Dipankar Datta said on Friday and noted had it not been a "race against time" he would have articulated better in his dissenting opinion. The judge also flagged a non-exchange of ideas and opinions in a "true democratic spirit" to build a consensus.

TN govt powers Foxconn residence for 18K women

TN govt powers Foxconn residence for 18K women

Rediff.com16 Aug 2024

The Tamil Nadu government is set to unveil a housing initiative for 18,720 women employed by Taiwanese tech giant Foxconn, a key supplier to iPhone-maker Apple, this Saturday. The project, located at Vallam Vadagal near Chennai, marks the first time an Indian state government has constructed a hostel of this scale for a private firm - a model that's been successful in China and Vietnam.

After Rs 351-cr Odisha cash find, IT dept ends 10-day raids

After Rs 351-cr Odisha cash find, IT dept ends 10-day raids

Rediff.com15 Dec 2023

The last two I-T teams left the premises, one each in Odisha and Jharkhand, carrying with them a number of seized "incriminating documents" and data cloned from electronic gadgets in the early morning hours.

Ghatkopar hoarding collapse: What Mumbai police chargesheet says

Ghatkopar hoarding collapse: What Mumbai police chargesheet says

Rediff.com15 Jul 2024

The chargesheet, which was submitted in court last week, includes views of the premier VJTI, as well as IMD about the ill-fated structure being of sub standard quality and not having the capability to withstand winds, an official said.

Kuwait fire tragedy devastates Kerala and Tamil Nadu

Kuwait fire tragedy devastates Kerala and Tamil Nadu

Rediff.com14 Jun 2024

Heart-breaking stories of sorrow and shock began emerging from various parts of Kerala as people learned about the death of their loved ones.

42 Indians among 49 killed Kuwait apartment fire

42 Indians among 49 killed Kuwait apartment fire

Rediff.com13 Jun 2024

Most deaths were due to smoke inhalation while residents were sleeping, and a significant number of occupants were evacuated, they added. The fire started in a kitchen in the six-storey building in the Mangaf area in Kuwait's southern Ahmadi Governorate, officials said, adding that the building reportedly had 195 people living in it, who are workers of the same company.

Chinese firm fined $ 63,000 for damaging Great Wal

Chinese firm fined $ 63,000 for damaging Great Wal

Rediff.com4 Dec 2006

China's first regulation on the protection of the Great Wall came into effect last Friday.

Rs 290 cr: Odisha cash haul set to be 'highest-ever'

Rs 290 cr: Odisha cash haul set to be 'highest-ever'

Rediff.com9 Dec 2023

The tax department has deployed about 40 large and small machines to count currency notes and brought in more department and bank staffers to finish the counting process, which began on December 6 following raids against Boudh Distillery Pvt Ltd and others, they said.

After LAC tension, now China helps Pak boost military infra along LoC

After LAC tension, now China helps Pak boost military infra along LoC

Rediff.com29 May 2024

This move is seen as part of efforts to strengthen China's ties with Pakistan and safeguard Chinese investments in Pakistan-occupied Kashmir, particularly related to the China-Pakistan Economic Corridor.

Tata Digital unveils leaner A-team under CEO Tahilyani

Tata Digital unveils leaner A-team under CEO Tahilyani

Rediff.com21 May 2024

After weeks of organisational shakeup, Tata Digital's new chief executive Naveen Tahilyani has come up with a revamped executive team for the Neu super app. Tahilyani announced his A-team in an internal mail to employees. The focus of the rejig has been to streamline the structure of the leadership and make the firm nimble and business focused.

1 killed, 6 injured as Delhi airport roof collapses; govt orders probe

1 killed, 6 injured as Delhi airport roof collapses; govt orders probe

Rediff.com29 Jun 2024

The Delhi airport, the country's busiest airport, on Friday early morning witnessed the collapse of a roof at Terminal 1 amid heavy rains that killed one person, prompting the government to order a detailed probe and an inspection of the structural strength of all airports.

What Modi, Xi told each other during first talks since Ladakh standoff

What Modi, Xi told each other during first talks since Ladakh standoff

Rediff.com23 Oct 2024

In their first structured bilateral talks in nearly five years, Prime Minister Narendra Modi and Chinese President Xi Jinping Wednesday agreed that India and China can have a 'peaceful and stable' relationship by displaying maturity and mutual respect and endorsed the pact on the resolution of the dragging eastern Ladakh border row.

Metal firms see China re-opening as boost to commodities

Metal firms see China re-opening as boost to commodities

Rediff.com2 Mar 2023

The re-opening of the Chinese economy, as it moves away from its zero-Covid policy, could help stabilise commodity prices, according to some of the country's top metal companies. They view this as a positive for demand, at a time when markets such as the US and Europe have been largely weighed down by slowdown concern now. "Most of us in the metals business are hoping the Chinese economy picks up because half of any metal demand, including demand for aluminium, comes from China.

How China Is Wooing Elon Musk

How China Is Wooing Elon Musk

Rediff.com30 Apr 2024

'Companies like Tesla and others have been given a long rope in India.'

China debate in Parliament should be constructive

China debate in Parliament should be constructive

Rediff.com15 Sep 2020

India-China relations have always attracted Parliament's attention and there have always been useful and productive and constructive discussions how to engage with China, notes Rup Narayan Das.

Yuvraj Takes Builder To Court

Yuvraj Takes Builder To Court

Rediff.com10 Jul 2024

The cricketer said a sale agreement was executed between him and his mother on one side and the builder on the other for the purchase of an apartment for over Rs 14 crore in the real estate project initiated by Brilliant Etoile Pvt Ltd in Hauz Khas under the name 'Sky Mansion' and displaying the name 'Risland'.

How To Work With A Colleague You Dislike

How To Work With A Colleague You Dislike

Rediff.com12 Nov 2024

When addressing issues, it's crucial to focus on specific behaviours rather than personal characteristics to maintain objectivity and reduce personal offence, suggests Sonica Aron, founder, Marching Sheep.

India, Russia seal $500 million deal for construction of 2 frigates

India, Russia seal $500 million deal for construction of 2 frigates

Rediff.com20 Nov 2018

Under the deal, Russia will provide design, technology know how and key materials to GSL for construction of the ships in India.

Urban Realtors Ride Redevelopment Bandwagon

Urban Realtors Ride Redevelopment Bandwagon

Rediff.com8 Oct 2024

15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.

'Industry Has To Help Us'

'Industry Has To Help Us'

Rediff.com16 Aug 2024

'There will be 200 ITIs developed as hubs, while 800 will be developed as spoke, connected with five National Skill Training Institutes.'

Steel firms prep for festivals, see demand by auto, consumer goods sectors

Steel firms prep for festivals, see demand by auto, consumer goods sectors

Rediff.com23 Sep 2023

The festive season will mean business for the steel industry as it is the time when automotive and consumer appliance companies bump up demand to prepare for higher sales, experts have said. Ranjan Dhar, chief marketing officer at ArcelorMittal Nippon Steel India (AM/NS India), said that bookings by auto and consumer appliance industries are 20 per cent higher ahead of the festive season compared to last year. "While this could be for a couple of months, it could normalise later at approximately 10 per cent," he said.

Is Your Boss Micromanaging You?

Is Your Boss Micromanaging You?

Rediff.com16 Oct 2024

Micromanagers feel the need to be involved in every decision, hence they will avoid delegating tasks and spend a lot of time focusing on minor details rather than the bigger picture, says Sonica Aron, founder of the HR consultancy firm, Marching Sheep.

India, China complete disengagement; exchange of sweets on Diwali

India, China complete disengagement; exchange of sweets on Diwali

Rediff.com30 Oct 2024

Following the disengagement, both sides will soon start the coordinated patrolling in their respective areas, sources added.

Tyger Capital to list by next year, targets Rs 20,000 crore book

Tyger Capital to list by next year, targets Rs 20,000 crore book

Rediff.com12 Jul 2024

Bain Capital-backed Tyger Capital is planning to list its shares on the Indian stock exchanges by the next financial year and is targeting to grow its assets under management by four times to Rs 20,000 crore in five years from Rs 5,000 crore now, Gaurav Gupta, MD and CEO of the firm said. In an exclusive interview, Gupta said that keeping with the growing business, the finance company expects to on-board 600 people in the current financial year as it is opening 60-65 new branches for broad-basing its network in the country.

Ambani unveils growth roadmap for Reliance

Ambani unveils growth roadmap for Reliance

Rediff.com29 Aug 2024

Billionaire Mukesh Ambani on Thursday unveiled the next phase of growth at Reliance Industries Ltd, with retail and telecom worth over $100 billion each, doubling revenues and pre-tax profit in 3-4 years, new energy business becoming profitable by 2031, and core oil and chemical business continuing to be the robust growth engine. The sprawling conglomerate with interests in refining, oil and gas, petrochemicals, telecom, retail, and media is on track to more than double in size before the end of the decade, Ambani, chairman and managing director of Reliance, told company shareholders.

Adani Enterprises Q4 net falls 37% bogged down by airport dues and mining losses

Adani Enterprises Q4 net falls 37% bogged down by airport dues and mining losses

Rediff.com2 May 2024

Adani Enterprises Ltd, the flagship incubator of billionaire Gautam Adani's conglomerate, on Thursday reported a 37 per cent drop in March quarter net profit, bogged down by one-time past airport dues and commercial mining losses. Its consolidated net profit of Rs 450.58 crore in January-March - the fourth quarter of fiscal year 2023-24 - compares to Rs 722.48 crore net profit in the same period last year and Rs 1,888.45 crore earning in the preceding quarter, according to a stock exchange filing by the company.

UltraTech Cement to acquire 23% in India Cements

UltraTech Cement to acquire 23% in India Cements

Rediff.com27 Jun 2024

The country's leading cement maker UltraTech on Thursday said it will acquire a 23 per cent stake in its Chennai-based rival India Cements Ltd, in a deal estimated to be around Rs 1,885 crore. As part of the transaction, UltraTech Cement will acquire 7.06 crores equity shares of India Cements at a price of up to Rs 267 per share, according to a regulatory filing from the Aditya Birla Group flagship firm.