News for 'construction firm'

We can defend ourselves: Pak reacts to Rajnath

We can defend ourselves: Pak reacts to Rajnath

Rediff.com6 Apr 2024

A statement by the foreign office in Islamabad said that Pakistan has always demonstrated its commitment to peace in the region but its desire for peace should not be misconstrued.

Zelenskyy explains war situation, Modi says India willing to help

Zelenskyy explains war situation, Modi says India willing to help

Rediff.com24 Aug 2024

Ukraine and Russia need to engage with each other to find a solution to the ongoing conflict between them, India said on Friday after Prime Minister Narendra Modi held wide-ranging talks with President Volodymyr Zelenskyy in Kyiv under the shadow of the raging war.

India eyes multiple mineral pacts with about a dozen countries in Africa

India eyes multiple mineral pacts with about a dozen countries in Africa

Rediff.com8 Jun 2024

India is planning to soon sign new and updated mineral pacts with about a dozen countries in Africa. The Ministry of Mines is in discussions with Cte d'Ivoire, Democratic Republic of the Congo (DRC), Madagascar, Malawi, Mali, Morocco, Mozambique, South Africa, Tanzania, Zambia and Zimbabwe, Business Standard has learnt. Negotiations are ongoing with around a dozen countries, and more will be added to the list soon.

The Woman Who Lost Everything

The Woman Who Lost Everything

Rediff.com13 Nov 2024

When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.

Wife, daughter of man abducted by Naxals enter Chh'garh forest

Wife, daughter of man abducted by Naxals enter Chh'garh forest

Rediff.com16 Feb 2022

The ultras released the engineer Ashok Pawar and worker Anand Yadav unharmed on Tuesday evening but Sonali is still inside the forest. She is in touch with local journalists and police officials.

Hard Choice Modi Must Make

Hard Choice Modi Must Make

Rediff.com22 Aug 2024

Modi can abandon the path of Hindutva only at risk to his position within his own fraternity. But if he pursues a hard line, he faces the risk of being hauled up by his coalition-partners. For the first time in a decade, Modi is not in enviable situation, observes Nilanjan Mukhopadhyay.

Why India Has Shortage Of Skilled Workers

Why India Has Shortage Of Skilled Workers

Rediff.com31 Aug 2023

'The second generation of migrant labourers is not enthusiastic about continuing in this field.' 'The parents of the next generation do not wish their children to be part of this trade.'

'Aim to reach 1 billion tonnes coal output by FY 2027'

'Aim to reach 1 billion tonnes coal output by FY 2027'

Rediff.com21 Jul 2024

'With the deployment of a higher degree of mechanisation, awarding contractual mining to MDOs and operational efficiency, we feel confident of achieving the desired target.'

Yet another healthy showing likely for capital goods in Q3

Yet another healthy showing likely for capital goods in Q3

Rediff.com17 Jan 2024

Earnings growth trajectory for India's capital goods firms is likely to stay buoyant for the December 2023-ended quarter (Q3 FY24), said analysts. Guidance on margins, ordering activity in an election year and export-related demand would be key monitorables. Brokerages - Motilal Oswal, Nuvama, Kotak Institutional Equities and Prabhudas Lilladher - estimated revenue growth for their capital goods universe to be 11-16 per cent year-on-year (Y-o-Y).

PNC Infra sale could lead to valuation upgrades for road assets

PNC Infra sale could lead to valuation upgrades for road assets

Rediff.com24 Jan 2024

While activity in the highway segment has been slow, the bid pipeline saw recovery in January 2024, and awards are expected to improve in Q4FY24. The national highway (NH) bid pipeline has recovered from a low of Rs 15,900 crore in December 2023 to Rs 68,400 crore at present. The NHAI's pipeline stands at Rs 66,100 crore, with hybrid annuity model (HAM), build operate transfer (BOT) and engineering procurement and construction (EPC) projects accounting for 60 per cent, 29 per cent and 13 per cent share, respectively.

IAF To Get More Power With Gen-5 Fighter

IAF To Get More Power With Gen-5 Fighter

Rediff.com18 Jun 2024

In the event of a war with China, AMCA deep strikes would target China's rail and road links with Tibet, isolating PLA divisions there.

New Vice President Enclave to have bullet-proof windows, CPWD invites bids

New Vice President Enclave to have bullet-proof windows, CPWD invites bids

Rediff.com12 May 2023

The Central Public Works Department, a prime construction agency of the central government, said the bullet-proof window system of the selected bidder will be sent for testing at the forensic science lab in Gujarat's Gandhinagar.

Reliance buys British battery firm for 100 mn

Reliance buys British battery firm for 100 mn

Rediff.com31 Dec 2021

Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced the buyout of British battery maker Faradion Ltd for an enterprise value of 100 million, as the oil-to-retail conglomerate continued with the acquisition of end-to-end technology for its multi-billion-dollar clean energy portfolio. Reliance New Energy Solar Ltd (RNESL), a unit of the nation's most valuable company, signed definitive agreements to acquire 100 per cent shareholding in Faradion for an enterprise value of 100 million and will invest an additional 25 million as growth capital to accelerate the commercial roll-out, the company said in a statement. Based out of Sheffield and Oxford in the UK and with its patented sodium-ion battery technology, Faradion is one of the leading global battery technology companies.

10 days after Bihar bridge collapse, missing guard's body found

10 days after Bihar bridge collapse, missing guard's body found

Rediff.com14 Jun 2023

Workers engaged in removal of debris of the collapsed bridge found the body from the flood plain of Kauwakol block, the official said.

Ram temple replicas a hit in India, abroad even before consecration

Ram temple replicas a hit in India, abroad even before consecration

Rediff.com2 Jan 2024

In addition to these temple models, metallic rings, lockets and other cloth items bearing Lord Ram's name are flying off the shelves in Ayodhya, according to shopkeepers.

How FarmDidi Is Changing Lives

How FarmDidi Is Changing Lives

Rediff.com20 Sep 2024

Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.

Draft rules for gig workers are 'complex, confusing and shoddy'

Draft rules for gig workers are 'complex, confusing and shoddy'

Rediff.com17 Nov 2020

Experts say, these leave many matters to the discretionary powers of bureaucrats, rather than providing them explicitly in the rules.

'BJP Underperformance May Trigger Market Correction'

'BJP Underperformance May Trigger Market Correction'

Rediff.com1 May 2024

'This can eventually start the end of the current market frenzy, which has lasted for a full year.'

Adani adds another feather to his cap

Adani adds another feather to his cap

Rediff.com26 Mar 2024

Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday announced the acquisition of a 95 per cent stake in Gopalpur Ports in Odisha from Shapoorji Pallonji Group and Orissa Stevedores Ltd at an equity value of Rs 1,349 crore. In Gopalpur Ports, Shapoorji Pallonji Group (SP Group) firm SP Port Maintenance Pvt Ltd has a 56 per cent stake and Orissa Stevedores Ltd (OSL) has a 44 per cent stake. Gopalpur Port is an all-weather deep-water berthing port with a capacity of 20 million tonnes per annum (MTPA) situated in Ganjam district of Odisha.

Union Budget '24: Realty players' high-rise expectations

Union Budget '24: Realty players' high-rise expectations

Rediff.com11 Jan 2024

During 2023, the Indian real estate sector - both housing and commercial - witnessed buoyancy fuelled by demand, supply, and absorption, and the sector is banking on the upcoming Budget to keep the momentum going. Mumbai-based Sattva Group wants the government to focus on the critical pillars for long-term growth. The company emphasised on the infrastructure boom with increased allocation, lower goods and services tax (GST) rates, incentives for affordable housing and single-window clearance to fast-track projects and support liquidity.

IIT Madras raises Rs 231 cr in funding from alumni, firms, donors in FY23

IIT Madras raises Rs 231 cr in funding from alumni, firms, donors in FY23

Rediff.com20 Jun 2023

Indian Institute of Technology Madras (IIT Madras) said on Monday that it had raised the highest-ever corpus of annual funds for the institution, garnering Rs 231 crore from alumni, industry and individual donors for 2022-23 (FY23). Its funding increased 76 per cent year-on-year (YoY) compared to Rs 131 crore in FY22, according to data shared by the institute. The number of donors contributing more than Rs 1 crore increased 64 per cent YoY.

The Beginner's Guide To Investing In Real Estate

The Beginner's Guide To Investing In Real Estate

Rediff.com16 Feb 2024

If you're a beginner eager to embark on wealth-building journey in the real estate sector, Karan Shetty shares this comprehensive guide on how to get started.

Surat bourse pips Pentagon as the world's largest office building

Surat bourse pips Pentagon as the world's largest office building

Rediff.com19 Jul 2023

A newly opened building in the diamond hub of Surat in Gujarat has surpassed the Pentagon as the world's largest office building, according to a report in CNN. Surat Diamond Bourse, billed as a "one-stop destination" for over 65,000 diamond professionals, including cutters, polishers and traders, will welcome its first occupants in November, the report said. It features a succession of nine rectangular structures spilling out from - and interconnected via - a central "spine", and the sprawling 15-storey complex has been built across more than 35 acres.

Lok Sabha election outcome can trigger stock market correction: Bernstein

Lok Sabha election outcome can trigger stock market correction: Bernstein

Rediff.com23 Apr 2024

While the markets have factored in a number close to 350 for the BJP and almost 400 for the NDA, 50 seats fewer could trigger a market correction

Manufacturing activities fall in Feb; but firms upbeat on demand spike

Manufacturing activities fall in Feb; but firms upbeat on demand spike

Rediff.com1 Mar 2021

India's manufacturing sector activities eased slightly in February but firms were upbeat as they responded to increased new work intakes by stepping up production and purchasing activities, a monthly survey said on Monday. The seasonally-adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) fell marginally to 57.5 in February from 57.7 in January, indicating that even though the pace of growth eased from January it remained sharp in the context of historical data. The headline figure for February remained above its long-run average of 53.6, the survey noted. In PMI parlance, a print above 50 means expansion while a score below 50 denotes contraction.

LS polls: Will it be a cakewalk for CM Shinde's son in Kalyan this time?

LS polls: Will it be a cakewalk for CM Shinde's son in Kalyan this time?

Rediff.com19 May 2024

The rivalry between the local leaders of the two parties could be a cause of concern for Shinde.

Finance, durables stocks see maximum FPI selling in last fortnight of Feb

Finance, durables stocks see maximum FPI selling in last fortnight of Feb

Rediff.com9 Mar 2023

Financial services and consumer durable companies accounted for most of the selling by foreign portfolio investors (FPI) in the last fortnight of February. FPIs sold finance stocks worth Rs 2,263 crore and consumer durable stocks worth Rs 1,111 crore, according to data collated by Prime Infobase. Information technology (selling worth Rs 708 crore), metals and mining (Rs 694 crore), and power (Rs 497 crore) were the other sectors where overseas funds sold shares.

'100% guarantee all workers are alive'

'100% guarantee all workers are alive'

Rediff.com20 Nov 2023

'We are hoping that in three-four days we will surely get a positive result.'

Needed Quickly! Semiconductor Experts

Needed Quickly! Semiconductor Experts

Rediff.com1 May 2024

Semiconductor makers need thousands of engineers and technicians, and though India has one of the largest pool of engineers in the world, they do not have experience in the semiconductor manufacturing space.

After Parliament, now focus on VP Enclave, new PMO

After Parliament, now focus on VP Enclave, new PMO

Rediff.com28 May 2023

The government also plans to build MPs' chambers that will come up on the land where the Transport Bhawan and Shram Shakti Bhawan are located.

Two killed, 9 injured as under construction building collapses in Chennai

Two killed, 9 injured as under construction building collapses in Chennai

Rediff.com28 Jun 2014

Two persons were killed and nine injured when an 11-storeyed under construction building collapsed near suburban Porur on Saturday with rescue efforts on by multiple agencies, including National Disaster Response Force.

Deloitte pegs India's FY25 GDP growth at 6.6%

Deloitte pegs India's FY25 GDP growth at 6.6%

Rediff.com26 Apr 2024

Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India's economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created demand for premium luxury products and services. With the expectation that the number of middle-to-high-income segments will be one in two households by 2030/31, up from one in four currently, we believe this trend will likely become further amplified, driving overall private consumer expenditure growth, it said.

Days after Modi's visit, Chinese military reiterates claim over Arunachal

Days after Modi's visit, Chinese military reiterates claim over Arunachal

Rediff.com17 Mar 2024

Zhang made the remarks in response to India's enhancement of its military readiness through the Sela Tunnel in Arunachal Pradesh, according to a report posted on the Chinese defence ministry's website on Friday.

Startups call for swift measures to ensure robust safety

Startups call for swift measures to ensure robust safety

Rediff.com4 Mar 2024

The blast at The Rameshwaram Caf has caused distress and concern among the startup and information technology (IT) community, raising questions related to safety and security. Approximately 10 people were reportedly injured in a low-intensity bomb blast at The Rameshwaram Caf, a popular restaurant in Bengaluru's Brookfield. The surrounding area is a major hub for the Indian technology (tech) industry, housing many startups and top IT companies such as IBM, SAP, Accenture, International Tech Park Bangalore, and Prestige Technostar.

How GenZ, Millennials Can Co-Exist At Work

How GenZ, Millennials Can Co-Exist At Work

Rediff.com1 Aug 2024

Gen Z, don't shy away from expressing your ideas, and millennials, be receptive to new perspectives, suggests Sonica Aron, founder of the HR consultancy firm, Marching Sheep.

Byju's growing slowly but sustainably; it's close to profitability: CEO

Byju's growing slowly but sustainably; it's close to profitability: CEO

Rediff.com29 Jun 2023

Edtech major Byju's is growing slowly but sustainably and is close to achieving profitability at the group level, the company's CEO Byju Raveendran said on Thursday. The company organised a town hall with Raveendran to allay apprehensions about the uncertainty around the company's growth and its future. According to sources, who attended the town hall, Raveendran said that issues with $1.2 billion Term Loan B lenders are being resolved through discussion and hopeful of a positive outcome in the next few weeks without the court's intervention.

First salary: Rs 700 to vice president of a company

First salary: Rs 700 to vice president of a company

Rediff.com2 Jan 2020

Rediff reader Srinivas Samudrala, 58 from Telangana shares his story.

Tata Realty to scale up business in India, overseas

Tata Realty to scale up business in India, overseas

Rediff.com27 Nov 2023

Tata Realty and Infrastructure, a subsidiary of Tata Sons, is looking to expand its business with over 50 projects across major cities in India, Sri Lanka, and the Maldives. The combined projects boast a development potential exceeding 51 million sq ft, according to a top executive. The Mumbai-based real estate major has completed the first phase of project developments in Male (the Maldives), and is gearing up for the second phase. It has also expanded its footprint in Sri Lanka and plans to add about 2 million sq ft. in Colombo.

With Rs 4.2 trn m-cap, Adani Green is now India's 10th most valued firm

With Rs 4.2 trn m-cap, Adani Green is now India's 10th most valued firm

Rediff.com12 Apr 2022

Adani Green Energy entered the list of top-10 most valued companies in terms of market capitalisation (m-cap) in the country on Monday after its stock price zoomed 16.3 per cent to hit a new high of Rs 2,701.6 on the BSE. Adani Green Energy's m-cap now stands at Rs 4.22 trillion, surpassing Bharti Airtel, which has an m-cap of Rs 4.16 trillion. With today's rally, the stock has zoomed about 25 per cent in the last two trading days after UAE's International Holding Company (IHC) agreed to invest Rs 3,850 crore in Adani Green Energy through preferential issue.

Auto, BFSI dominated Q4 earnings circuit

Auto, BFSI dominated Q4 earnings circuit

Rediff.com25 Jun 2024

Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.