News for 'dave'

Trade on road to recovery but Indian firms tread cautiously

Trade on road to recovery but Indian firms tread cautiously

Rediff.com12 Oct 2024

Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.

SC dismisses plea to review Adani-Hindenburg verdict

SC dismisses plea to review Adani-Hindenburg verdict

Rediff.com15 Jul 2024

The Supreme Court has dismissed a plea seeking review of its January 3 verdict by which it refused to transfer the probe into allegations of stock price manipulation by the Adani Group to a special investigation team or the CBI.

Stokes: 'Bazball' philosophy changed cricket forever

Stokes: 'Bazball' philosophy changed cricket forever

Rediff.com3 Jul 2024

England's highly aggressive 'Bazball' approach to Test cricket did not secure the 2023 home Ashes against their arch rivals, Australia.

Amazon infuses Rs 1,600 crore into India entity

Amazon infuses Rs 1,600 crore into India entity

Rediff.com15 May 2024

Ecommerce firm Amazon has infused ~1,600 crore into its India entity Amazon Seller Services, according to its regulatory filings. The funding comes at a time when the company is seeing opportunities in emerging geographies, including India. The regulatory filings are dated April 15. This is the second time in five months that Amazon invested in its India arm Amazon Seller Services. Before this, Amazon had infused over ~1,000 crore into its Indian entity this year.

Bodypainting In Honour Of Chandrayaan-3

Bodypainting In Honour Of Chandrayaan-3

Rediff.com25 Aug 2023

Happy Bharatvasis are creating living portraits as tributes to India reaching the moon.

India A to play Australia A ahead of Border Gavaskar Trophy

India A to play Australia A ahead of Border Gavaskar Trophy

Rediff.com28 May 2024

India 'A' will play two first-class matches against Australia 'A' in the run-up to the marquee Border Gavaskar Trophy later this year, CA announced on Tuesday.

Is This India's Team For The Perth Test?

Is This India's Team For The Perth Test?

Rediff.com16 Nov 2024

'There will be a lot of spice to the contest -- there is a reason India is the only team other than England against whom Australia is keen to play a five Test series.' 'I'll watch, as I suspect most fans will -- but this one time, I'll watch with considerable trepidation and, from a fan's point of view, with the hope that the team finds its feet and that right quick,' notes the distinguished cricket commentator Prem Panicker.

Paytm, Adani Group deny stake sale talks

Paytm, Adani Group deny stake sale talks

Rediff.com29 May 2024

Paytm operator One97 Communications Ltd on Wednesday said it is not in talks to sell a stake to the Adani Group. Adani group has also termed such reports as "false and untrue." Commenting on a report that billionaire Gautam Adani was in talks with Paytm CEO Vijay Shekhar Sharma for a possible stake buy, One97 Communications said, the "news item is speculative and the company is not engaged in any discussions in this regard."

India now 3rd-largest domestic airline market; capacity doubles in 10 yrs

India now 3rd-largest domestic airline market; capacity doubles in 10 yrs

Rediff.com20 Jun 2024

India is the third-largest domestic airline market in the world, up from number five position a decade ago, according to analysis based on OAG data. The data shows India's domestic airline capacity doubling in a decade from 7.9 million in April 2014 to 15.5 million in April 2024. In reaching the third slot, India has replaced Brazil (pushed to fourth place with 9.7 million) and Indonesia (relegated to fifth in the rankings with 9.2 million).

Ahead of LS polls, taming food prices govt's priority

Ahead of LS polls, taming food prices govt's priority

Rediff.com5 Apr 2024

Ahead of the seven-phase Lok Sabha elections, keeping food prices under check has emerged as one of the topmost priorities for the government. Food prices would likely have a bearing on the preferences of voters. In the past, there have been instances when governments have been voted out over rising food inflation.

UltraTech Cement Q4 net profit up 35% to Rs 2,258.6 cr

UltraTech Cement Q4 net profit up 35% to Rs 2,258.6 cr

Rediff.com29 Apr 2024

UltraTech Cement Ltd on Monday reported a 35.24 per cent increase in consolidated net profit at Rs 2,258.58 crore for the fourth quarter ended March 31, 2024. The leading cement maker had posted a consolidated net profit of Rs 1,670.10 crore in the January-March quarter of the last fiscal, according to a regulatory filing from UltraTech. Its revenue from operations rose 9.41 per cent to Rs 20,418.94 crore during the period under review.

No Place For Kohli In This 2024 Side!

No Place For Kohli In This 2024 Side!

Rediff.com26 Apr 2024

No Shubhman Gill or Hardik Pandya either in Sanjay Manjrekar's T20 World Cup team.

'Can't demolish accused's house': SC questions 'bulldozer justice'

'Can't demolish accused's house': SC questions 'bulldozer justice'

Rediff.com2 Sep 2024

With several state administrations flattening the houses of those involved in criminal cases with bulldozers, the Supreme Court on Monday questioned how can anybody's house be demolished just because he is an accused.

Court can direct UIDAI to share missing person's data with it: HC

Court can direct UIDAI to share missing person's data with it: HC

Rediff.com1 Aug 2024

The high court said in a habeas corpus case, there is a sense of urgency with which the court has to act as the missing person could be in danger and under such circumstances, the UIDAI can be directed to provide the data forthwith.

SC sets free TN YouTuber held under Goondas Act

SC sets free TN YouTuber held under Goondas Act

Rediff.com18 Jul 2024

Granting the interim relief to Shankar currently lodged in the Coimbatore Central Prison, a bench of Justices Sudhanshu Dhulia and Ahsanuddin Amanullah said it would not decide the case on merits as the Madras high court is seized of the matter.

Supreme Court bar assn chief trashes predecessor's letter to CJI

Supreme Court bar assn chief trashes predecessor's letter to CJI

Rediff.com7 Dec 2023

Supreme Court Bar Association (SCBA) president Adish C Aggarwala Thursday wrote to Chief Justice of India D Y Chandrachud expressing "shock" at an open letter to the head of the judiciary by a senior member of the bar.

As steel stocks falter, a silver lining for investors

As steel stocks falter, a silver lining for investors

Rediff.com21 Aug 2024

Stocks of Indian steel companies are reeling from pricing pressure that is partly blamed on cheap imports. The stocks have declined up to 9 per cent on the NSE in one month, likely allowing investors an opportunity to use the correction to enter the pack as pricing pressure eases. "In steel or any other commodity, if prices or spreads are nearing their bottom, it can be an opportune time to invest in those stocks. In India, domestic fundamentals such as steel consumption remain robust, hence one can take fresh positions in these counters," said Amit Dixit, an analyst at ICICI Securities.

Ratan Tata's Biggest Contribution To Management Theory

Ratan Tata's Biggest Contribution To Management Theory

Rediff.com15 Oct 2024

'It is notable how humble he was and didn't want anything different just because he was a Tata.'

'Kuldeep had a feeling he will be my 700th Test scalp!'

'Kuldeep had a feeling he will be my 700th Test scalp!'

Rediff.com13 Mar 2024

Veteran England pacer James Anderson has revealed that Kuldeep Yadav had a hunch about being his 700th Test wicket when the two came face to face during the fifth and final Test against India in Dharamsala.

As crisis deepens, exporters concerned about Indo-Bangladesh trade

As crisis deepens, exporters concerned about Indo-Bangladesh trade

Rediff.com5 Aug 2024

Domestic exporters on Monday expressed concerns over the crisis in Bangladesh and said the developments in the neighbouring country would have implications on bilateral trade. However, exporters expect that the situation may normalise soon. According to exporters, they are already facing disruptions in exports to Bangladesh due to a shortage of foreign exchange in that country.

India imported $2.8 bn worth crude from Russia in July

India imported $2.8 bn worth crude from Russia in July

Rediff.com15 Aug 2024

India, the world's third largest oil consuming and importing nation, in July bought $2.8 billion worth of crude oil from Russia, second only to China which remains the largest importer of Russian oil, a report said. Russia emerged as India's biggest supplier of crude oil, which is converted into fuels like petrol and diesel in refineries, after Russian oil was available on discount following some European nations shunning purchases from Moscow over its invasion of Ukraine in February 2022.

Hero MotoCorp to vroom on new launches and uptick in rural growth

Hero MotoCorp to vroom on new launches and uptick in rural growth

Rediff.com23 Aug 2024

Hero MotoCorp (HMCL) saw strong volume performance in the first quarter of the current financial year (Q1FY25), but margins disappointed due to weak spare part sales and negative electric vehicle (EV) margins. The company hopes for a strong festive season due to better rural sentiment. Revenue grew 16 per cent year-on-year (Y-o-Y) to Rs 10,140 crore, operating profit was up 21 per cent to Rs 1,460 crore, and adjusted net profit grew 19 per cent Y-o-Y to Rs 1,120 crore.

Warner Lands At SCG In A Helicopter!

Warner Lands At SCG In A Helicopter!

Rediff.com12 Jan 2024

'Is it a bird? Is it a plane? No, it's @davidwarner31 arriving for the Sydney Smash!', Big Bash League captioned the video on X.

'Selectors have gone for seniors - a move that hasn't worked for India'

'Selectors have gone for seniors - a move that hasn't worked for India'

Rediff.com31 May 2024

Former cricketer Sanjay Manjrekar says he would have picked a much younger Indian squad for the T20 World Cup since loading the side with seniors has not worked in the past.

Three-wheeler exports may continue to skid in FY25

Three-wheeler exports may continue to skid in FY25

Rediff.com18 Jun 2024

India's three-wheeler exports, which have been on a downhill trajectory over the past few years, are showing no signs of recovery in FY25, with key markets like Sri Lanka, Bangladesh, Nigeria, and Egypt witnessing subdued demand. In May, the country's exports plummeted 11.3 per cent year-on-year (Y-o-Y).

Air India fined Rs 30 lakh after passenger not given wheelchair dies

Air India fined Rs 30 lakh after passenger not given wheelchair dies

Rediff.com29 Feb 2024

80-year-old passenger collapsed and later died after walking from plane to terminal at the Mumbai airport after not getting a wheelchair.

Coal India posts 26% rise in profit in Q4 on higher supplies

Coal India posts 26% rise in profit in Q4 on higher supplies

Rediff.com2 May 2024

Coal behemoth CIL on Thursday reported a 26.2 per cent rise in consolidated net profit to Rs 8,682.20 crore for the March quarter on the back higher supplies of the dry fuel. The company's consolidated net profit stood at Rs 6,875.07 crore in the year-ago period, Coal India Ltd (CIL) said in a regulatory filing. Its consolidated income in the January-March period declined to Rs 39,654.50 crore from Rs 40,371.51 crore a year ago.

M&A wave set to sweep over South cement market, say industry experts

M&A wave set to sweep over South cement market, say industry experts

Rediff.com6 Aug 2024

UltraTech Cement's announcement that it would snap up a controlling stake in India Cements may only be a sign of more to come. In the wake of one of the country's most expensive deals in recent times, cement majors may slug it out to add smaller firms from the region to their portfolio. UltraTech's buy is the latest in the four deals the southern market has seen in less than a year, with Adani Cement being the other buyer.

Manufacturing sector activity moderated in April, but...

Manufacturing sector activity moderated in April, but...

Rediff.com2 May 2024

India's manufacturing sector activity moderated in April, but still recorded the second fastest improvement in operating conditions in three-and-a-half years supported by buoyant demand, a monthly survey said on Thursday.

Air India sacks over 180 non-flying staff

Air India sacks over 180 non-flying staff

Rediff.com15 Mar 2024

Air India has laid off more than 180 non-flying staff in recent weeks, sources said while the airline maintained that the affected people were not able to utilise the voluntary retirement schemes and reskilling opportunities. The loss-making Air India was taken over by the Tata Group in January 2022 and since then, efforts are being made to streamline the business model. An Air India spokesperson on Friday said that as part of the fitment process, employees in non-flying functions have been assigned roles based on organisational needs and individual merit.

Jan sees double-digit growth in PV sales

Jan sees double-digit growth in PV sales

Rediff.com14 Feb 2024

Domestic passenger vehicle wholesales rose 14 per cent year-on-year to 393,074 units last month, the best-ever figure for January, amid robust demand for utility vehicles, industry body SIAM said on Wednesday. As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), dispatches of passenger vehicle from manufacturers to dealers stood at 346,080 units in January 2023.

US cop who joked about Indian student's death taken off patrol duty

US cop who joked about Indian student's death taken off patrol duty

Rediff.com29 Sep 2023

The department Thursday confirmed by email that Officer Daniel Auderer has been administratively reassigned to a non-operational position.

Practice and process: How Jurel cracked Test code

Practice and process: How Jurel cracked Test code

Rediff.com25 Feb 2024

'The discussion before this innings with Dhruv was 'go down to the level of your practice and everything will be fine'. The talk is always about staying hungry.'

From Feb 29 you can't top up Paytm wallet, FASTag etc

From Feb 29 you can't top up Paytm wallet, FASTag etc

Rediff.com31 Jan 2024

The RBI on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, and FASTags, among others after February 29, 2024.

Fair trade, focus on manufacturing, infra on steel firms' Budget wish list

Fair trade, focus on manufacturing, infra on steel firms' Budget wish list

Rediff.com10 Jul 2024

India's leading steel companies hope the Modi 3.0 Budget will continue the massive capital expenditure currently underway, focusing on infrastructure development, manufacturing, and fair trade. The infrastructure segment is the largest steel user, and the government's focus has fuelled steel consumption even as international markets have underperformed. According to provisional statistics, steel consumption grew 13.6 per cent in FY24, reaching 136 million tonnes (mt), according to a CRISIL report.

Dhruv Jurel's IPL success could define India's T20 World Cup fate

Dhruv Jurel's IPL success could define India's T20 World Cup fate

Rediff.com3 Mar 2024

Gavaskar, impressed by Jurel's approach and situational awareness, made comparisons to the legendary MS Dhoni

Adani to invest Rs 1.3 lakh cr in FY25 across portfolio companies

Adani to invest Rs 1.3 lakh cr in FY25 across portfolio companies

Rediff.com26 Jun 2024

Adani group plans to invest about Rs 1.3 lakh crore across its portfolio companies this fiscal as it doubles down on its $100 billion investment guidance over the next 7-10 years to grow businesses, group CFO said on Tuesday. The investment across portfolio companies that range from ports to energy, airports, commodities, cement and media will be 70 per cent met through internal cash generation and the remaining through debt, Group CFO Jugeshinder 'Robbie' Singh told reporters in Ahmedabad.

World Cup PIX: Fan Fare At Narendra Modi Stadium

World Cup PIX: Fan Fare At Narendra Modi Stadium

Rediff.com14 Oct 2023

The wait for the highly-awaited India vs Pakistan World Cup contest finally came to an end and fans didn't disappoint as they thronged to the Narendra Modi Stadium.

World Cup Final PIX: Surya Kirans' grand display lights up Motera

World Cup Final PIX: Surya Kirans' grand display lights up Motera

Rediff.com19 Nov 2023

Prior to the start of the World Cup final, Indian Air Force's aerobatic team Surya Kirans put up a grand show at the Narendra Modi Stadium.

WC PHOTOS: NZ batters put on an exhibition in England mauling

WC PHOTOS: NZ batters put on an exhibition in England mauling

Rediff.com5 Oct 2023

Devon Conway and Rachin Ravindra smashed rapid unbeaten centuries to set up New Zealand's successful pursuit of a 283-run victory target, which came with 13.4 overs to spare.