News for 'digital initiatives'

TCS Hikes Campus Offers To...

TCS Hikes Campus Offers To...

Rediff.com14 Aug 2024

'With Prime, TCS is making sure that we are able to secure the right high talent...' 'Colleges will make sure that students who are offered jobs in this category do not go for another company's hiring process.'

Air India-Vistara Merger: What You Must Know

Air India-Vistara Merger: What You Must Know

Rediff.com26 Oct 2024

From November 12, Vistara aircraft will be operated under Air India's banner, identifiable by a special four-digit flight code beginning with '2'. For example, flight UK 955 will become AI 2955, making it easier for customers to recognise when booking on airindia.com after this date.

Adani to exit consumer goods venture Adani Wilmar in $2 bn deal

Adani to exit consumer goods venture Adani Wilmar in $2 bn deal

Rediff.com31 Dec 2024

Billionaire Gautam Adani's group on Monday announced its exit from FMCG joint venture Adani Wilmar by selling its entire stake to the Singaporean partner and in the open market for an estimated over $2 billion in a first major deal since the US bribery indictment. In a statement, Adani Enterprises Ltd -- which held 43.94 per cent stake in Fortune brand cooking oil, wheat flour and other food product maker Adani Wilmar Ltd -- said it will sell 31.06 per cent stake to Wilmar International. About 13 per cent will be sold in the open market to meet minimum public shareholding requirements.

Quad statement includes subtle warning to China over Indo-Pacific

Quad statement includes subtle warning to China over Indo-Pacific

Rediff.com22 Sep 2024

'We condemn recent illicit missile launches in the region that violate UN Security Council resolutions. We express serious concern over recent dangerous and aggressive actions in the maritime domain. We seek a region where no country dominates and no country is dominated one where all countries are free from coercion, and can exercise their agency to determine their futures,' the declaration said.

Private consumption is back; to boost economy: RBI Bulletin

Private consumption is back; to boost economy: RBI Bulletin

Rediff.com20 Nov 2024

Private consumption is back driven by festive spending, and the medium-term economic outlook remains bullish as the innate strength of the macro-fundamentals reasserts itself, the Reserve Bank Bulletin said on Wednesday. Global economic activity remained resilient during Q4:2024 amidst fragile confidence and rising protectionism, said an article on 'State of the Economy' published in the November Bulletin.

DeMo@1: Banks happy as digital activity picks up

DeMo@1: Banks happy as digital activity picks up

Rediff.com8 Nov 2017

While digitisation and automation have made internal processes more efficient, front-end products are being enhanced digitally through robotics, artificial intelligence and botchats.

ONDC likely to start levying small user charges on each transaction

ONDC likely to start levying small user charges on each transaction

Rediff.com2 Jul 2024

The government-backed Open Network for Digital Commerce (ONDC) is likely to start levying user charges in the current financial year.

RBI may introduce CBDC in call money market soon

RBI may introduce CBDC in call money market soon

Rediff.com5 Sep 2023

The Reserve Bank is planning to extend wholesale Central Bank Digital Currency (CBDC) for transactions for interbank borrowing or call money market, sources said on Tuesday. The pilot in the wholesale segment, known as the Digital Rupee -Wholesale (e-W), was launched on November 1, 2022, with the use case being limited to the settlement of secondary market transactions in government securities. "RBI is now planning to go into the interbank borrowing market.

CEC slams exit polls, early trends show by news channels on counting day

CEC slams exit polls, early trends show by news channels on counting day

Rediff.com15 Oct 2024

Kumar also said exit polls create a huge distraction by raising expectations and it was a matter for self-introspection for the media, particularly electronic media.

Success of humanity lies not on battlefield: Modi at UN

Success of humanity lies not on battlefield: Modi at UN

Rediff.com23 Sep 2024

'While on the one hand, terrorism continues to be a serious threat to global peace and security, on the other hand, areas such as cyber, maritime and space, are emerging as new theatres of conflict'

Can SC's new measures put a curb on child marriage?

Can SC's new measures put a curb on child marriage?

Rediff.com19 Oct 2024

Under the title of "legal enforcement", states and Union Territories were directed to appoint officers solely responsible for discharging the functions of Child Marriage Prohibition Officers at the district level.

Why Subianto Is The R-Day Chief Guest

Why Subianto Is The R-Day Chief Guest

Rediff.com14 Jan 2025

India is trying hard to erase Indonesia's wariness about New Delhi, building security cooperation in the Indian Ocean and Pacific Ocean. If Indonesia decides to buy the Brahmos missile, it would further strengthen relations between the world's most populous nation and the most populous Islamic country.

Robust FY25 outlook to sustain Marico gains

Robust FY25 outlook to sustain Marico gains

Rediff.com19 Jul 2024

From its recent lows, the stock of consumer major Marico is up 7 per cent on the back of a better-than-expected June quarter performance and robust outlook. In a pre-quarter update, the management indicated that domestic volume growth should witness an improvement in FY25, while other segments (growth portfolio, international business) too would see traction going ahead. The near-term trigger is strong sales and operating performance for Q1FY25.

Life insurers turn to policies with high value

Life insurers turn to policies with high value

Rediff.com23 Nov 2024

Life insurers shifted their focus to selling high-value policies in October as the transition to new surrender value norms, effective October 1, limited their ability to roll out all products in their portfolio. This led to a 40 per cent year-on-year (Y-o-Y) drop in the number of policies sold in October. Additionally, distributors engaged in a fire sale of policies in September due to uncertainty about the impact of the new norms on their commission structures.

India's digital health mission likely to face privacy issues

India's digital health mission likely to face privacy issues

Rediff.com11 Oct 2021

Lack of clarity on data-sharing persists, public health experts sceptic about the pilot that was run in six Union territories as benchmark for national roll-out

Digital India goals will be realised: Mukesh Ambani

Digital India goals will be realised: Mukesh Ambani

Rediff.com15 Sep 2021

Reliance Industries Ltd (RIL) chairman Mukesh D Ambani on Wednesday said the latest reforms and relief measures will enable the telecom sector to achieve goals set under the Digital India mission. The Cabinet has announced several reforms for the telecom sector, including redefining adjusted gross revenue (AGR) that will now include revenues earned only from telecom services. The government calculates various levies on AGR. "The telecom sector is one of the prime movers of the economy and the key enabler for making India a Digital Society, I welcome the Government of India's announcement of reforms and relief measures that will enable the industry to achieve the goals of Digital India. I thank Prime Minister (Narendra Modi) for this bold initiative," Ambani said.

IPL Media Rights: Disney Star bags TV deal; Viacom18 gets digital

IPL Media Rights: Disney Star bags TV deal; Viacom18 gets digital

Rediff.com13 Jun 2022

Disney Star won the coveted IPL Indian sub-continent TV rights for a whopping Rs 23,575 crore, while Viacom18 grabbed the digital rights with a bid of Rs 20,500 crore at the media rights auction on Monday.

The ambitious plans of Flipkart-backed super.money

The ambitious plans of Flipkart-backed super.money

Rediff.com17 Dec 2024

Flipkart-backed super.money is on an expansion spree and plans to expand its range of offerings in credit and wealth management after launching its operations in July this year. The Bengaluru-based fintech company is on track to roll out credit products such as credit on Unified Payments Interface (UPI), unsecured credit cards, and personal loans within the first half of the next calendar year (2025).

Festival demand boosts domestic sales of two-wheelers by up to 26%

Festival demand boosts domestic sales of two-wheelers by up to 26%

Rediff.com5 Nov 2024

Major two-wheeler manufacturers in India witnessed a double-digit increase in domestic sales in October, driven by the festival fervour.

India must embrace Biden's B3W initiative

India must embrace Biden's B3W initiative

Rediff.com1 Jul 2021

Joe Biden's B3W proposal aims to bring democracies together. India should come up with its own plans to contribute to the initiative, states Rahul Mishra.

1.5 cr take holy dip daring intense cold as Maha Kumbh begins

1.5 cr take holy dip daring intense cold as Maha Kumbh begins

Rediff.com13 Jan 2025

The Maha Kumbh, the world's largest religious gathering, began in Prayagraj, India, with millions taking a dip in the Sangam, the confluence of the Ganges, Yamuna, and Saraswati rivers. Devotees from across India and the world converged for the 45-day event, which is considered to be a particularly auspicious one this year due to celestial alignments. The event is a major logistical challenge for the government, which has implemented several crowd-control measures and security measures to ensure the safety of the millions of pilgrims.

AI, Cloud, super app: Adani group to bet big on tech

AI, Cloud, super app: Adani group to bet big on tech

Rediff.com5 Jun 2024

Coal-to-airports conglomerate Adani group is set to make a splash in the tech world. The group is considering the creation of customised artificial intelligence (AI) models for commercial prospects and consolidating digital services on a super app, according to people in the know. The Adani One app, part of its consumer-facing businesses, is reportedly in talks to expand into e-commerce and digital payments, according to a Financial Times report.

Won't allow Lankan soil to be used against India: Prez Disanayaka

Won't allow Lankan soil to be used against India: Prez Disanayaka

Rediff.com17 Dec 2024

Sri Lankan President Anura Kumara Disanayaka assured Prime Minister Narendra Modi that his country's soil will not be used against India's interests, addressing concerns over China's growing influence in Colombo. The two leaders discussed a range of issues, including a defense cooperation agreement, energy ties, and debt restructuring. They also agreed to initiate a ferry service between Rameshwaram and Talaimannar, and to adopt a "humanitarian approach" to the fishermen issue.

Want To Know About Mahatma Murder Case?

Want To Know About Mahatma Murder Case?

Rediff.com12 Sep 2024

You can also read about the Indira Gandhi Assassination Case, the Parliament Attack Case, the Red Fort Attack Case, the Jessica Lal Murder Case, the Decriminalisation of Homosexuality Case among others.

Ambani brothers shower praises on Modi, hail Digital India

Ambani brothers shower praises on Modi, hail Digital India

Rediff.com1 Jul 2015

Ambani brothers on Wednesday showered lavish praises on Prime Minister Narendra Modi saying, India has now got a decisive and visionary leader.

12 industrial smart cities - A vital cog in India's development journey

12 industrial smart cities - A vital cog in India's development journey

Rediff.com13 Sep 2024

Given the high priority accorded to the manufacturing sector, several policy initiatives around the theme of Atmanirbhar Bharat have been set in motion to address its competitiveness and growth. Some notable examples include the PLI scheme and the employment-linked incentive scheme announced in the recent Union Budget. The Budget also announced the setting up of 12 industrial parks under the National Industrial Corridor Development Programme (NICDP).

Officials violating demolition guidelines will pay for rebuild: SC

Officials violating demolition guidelines will pay for rebuild: SC

Rediff.com13 Nov 2024

The Supreme Court on Wednesday issued pan-India guidelines on demolition of properties and said affected people need to be given some time to challenge demolition orders before an appropriate forum.

India's Dating Trends For 2025

India's Dating Trends For 2025

Rediff.com12 Dec 2024

Busy daters will use AI tools to save time and avoid awkward conversations. Two in 10 daters turn to AI for unbiased relationship advice, predicts rediffGURU Ravi Mittal, CEO, Quack Quack, an online dating Web site.

Nilekani-backed people+ai rolls out AI strategy...

Nilekani-backed people+ai rolls out AI strategy...

Rediff.com8 May 2024

An initiative of Nandan Nilekani's EkStep Foundation, people+ai on Tuesday unveiled its vision for the future of Artificial Intelligence (AI) in India, dubbed 'Adbhut India' (Amazing India). It aims to harness AI as a powerful tool to enhance the lives of all Indians. The event marked the rollout of several initiatives by people+ai that are focused on discovering, demonstrating, and disseminating population-scale AI use cases for India.

L&T plans to exit road, power concessions, incubate digital business

L&T plans to exit road, power concessions, incubate digital business

Rediff.com30 May 2022

Engineering giant Larsen & Toubro (L&T) is looking to divest its exposure to road and power concessions and incubate digital and e-commerce businesses as part of its new five-year plan ending 2025-26 (FY26). The base year for the plan is 2020-21 (FY21). The blueprint, called Lakshya 2026, is intended to help the company exit sub-scale businesses, concentrate on high-technology (tech) manufacturing, construction and green energy projects, and increase its share from information technology (IT) and digital services. The lending operations of the financial services business, meanwhile, will be reorganised, with focus on retail lending.

'Chilling effect': HC quashes govt's fact checking unit order

'Chilling effect': HC quashes govt's fact checking unit order

Rediff.com20 Sep 2024

The Bombay high court on Friday quashed the amended Information Technology rules aimed at identifying through a fact checking unit "fake and false" content against the government on social media platforms, holding it as unconstitutional.

Gold set to extend record run; may hit Rs 90,000 in 2025

Gold set to extend record run; may hit Rs 90,000 in 2025

Rediff.com31 Dec 2024

Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue.

Kerala bypolls: Why UDF concerned over namesakes in Palakkad, Chelakkara

Kerala bypolls: Why UDF concerned over namesakes in Palakkad, Chelakkara

Rediff.com31 Oct 2024

The grand old party alleged that these namesake candidates are backed by the Communist Party of India-Marxist and the Bharatiya Janata Party to confuse voters.

Equity MFs Rake In Rs 38,239 Crore In August

Equity MFs Rake In Rs 38,239 Crore In August

Rediff.com11 Sep 2024

'The correction in the markets in the initial part of August provided investors a good buying opportunity.'

Reliance ready for next level of growth: Ambani

Reliance ready for next level of growth: Ambani

Rediff.com7 Aug 2024

Reliance Industries Ltd has consolidated its balance sheet after the previous round of capex and is ready for the next level of growth, its chairman and managing director Mukesh Ambani said outlining plans from net zero to roll-out of True5G telecom network and retail. In the firm's latest annual report, he said in the world of volatility and uncertainty, India is shining as a beacon of stability and prosperity.

Personal data of about 3 cr Star Health customers up for sale

Personal data of about 3 cr Star Health customers up for sale

Rediff.com9 Oct 2024

Personal data like mobile numbers, PAN, addresses and pre-existing medical conditions of about 3.1 crore customers of Star Health Insurance is allegedly available on a website created by a hacker identified as xenZen. The hacker claimed that Star Health's Chief Information Security Officer (CISO) sold all the data and later tried to change the terms of their deal.

LIC's market share drops to 59% till September from 68.7% in a year

LIC's market share drops to 59% till September from 68.7% in a year

Rediff.com10 Oct 2023

The share of Life Insurance Corporation of India (LIC) in monthly new business premium (NBP) in the life insurance sector declined to 58.50 per cent in September 2023 from 68.25 per cent in September 2022 -- a drop of 975 basis points -- owing to shortcomings in the product and distribution side of business. However, the market share saw a marginal uptick from the 57.37 per cent recorded in August this year. According to the monthly business data released for September 2023 by the Life Insurance Council, the NBP of LIC up to September 2023 stood at Rs 92,462.62 crore as compared to about Rs 1.25 trillion in the same period a year ago.

FM proposes Rs 1,500 crore-scheme to promote digital payments

FM proposes Rs 1,500 crore-scheme to promote digital payments

Rediff.com1 Feb 2021

The FM said there has been a manifold increase in digital payments in the recent past.

PM may announce these health sector initiatives in I-Day speech

PM may announce these health sector initiatives in I-Day speech

Rediff.com14 Aug 2022

Prime Minister Narendra Modi is likely to announce a host of initiatives for the health sector on Independence Day with the highlights being the 'Heal in India' and 'Heal by India' projects and a roadmap to eliminate sickle cell disease by 2047, official sources said.

Competition Law in Digital Platform Era

Competition Law in Digital Platform Era

Rediff.com18 Jun 2021

Are we running a cricket match using football rules, asks Ajit Balakrishnan.