News for 'erode'

World is awash in capital, no better time to be an entrepreneur: Kumar Birla

World is awash in capital, no better time to be an entrepreneur: Kumar Birla

Rediff.com29 Jan 2022

A hallmark of some new businesses today is that they seek to use the brute force of capital, combined with smart technology and operations, to create new needs that you didn't even know existed, the chairman of Aditya Birla group said in a blog post on the trends for the new year.

Redouble fight for victims of govt's worst excesses: Sonia to Cong workers

Redouble fight for victims of govt's worst excesses: Sonia to Cong workers

Rediff.com26 Oct 2021

Attacking the Modi government, Sonia said it has sought to erode our institutions.

Will RBI Rescue Banks Again?

Will RBI Rescue Banks Again?

Rediff.com20 Jul 2022

Many banks' profits will take a hit and a few of them could even end up being in the red because of treasury losses, triggered by a sudden spike in government bond yields in the rising interest rate cycle, notes Tamal Bandyopadhyay.

ASK ANU: 'I love her. She calls me bro'

ASK ANU: 'I love her. She calls me bro'

Rediff.com23 Nov 2022

In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.

Blinken to raise human rights issue during India visit

Blinken to raise human rights issue during India visit

Rediff.com24 Jul 2021

Blinken is scheduled to arrive in New Delhi late on July 27. He is scheduled to attend a full slate of engagements on July 28. During his stay in the country, he will meet Prime Minister Narendra Modi and External Affairs Minister S Jaishankar.

At Chintan Shivir, Cong moots '1 family, 1 ticket' formula

At Chintan Shivir, Cong moots '1 family, 1 ticket' formula

Rediff.com13 May 2022

Sending out a clear message to Congress ranks, Sonia said the party will have to change its style of functioning with changing times and urged them to keep the organisation above their personal ambitions.

Cong to focus on time-bound revival of party in 3-day Chintan Shivir

Cong to focus on time-bound revival of party in 3-day Chintan Shivir

Rediff.com13 May 2022

Congress' chief spokesperson Randeep Surjewala said the 'Nav Sankalp Chintan Shivir' is also aimed at deliberating on challenges facing the country such as "freefall of the economy", increasing inequality of wealth, price rise of essential commodities, "deep-rooted conspiracy" to hand over farming sector to a select group of private corporates, "attack on India's territorial integrity by China, "attack" on rights of Dalits, SCs/STs, minorities and attempts to divide by using Hindu-Muslim rhetoric.

Haasan's MNM releases names of 70 candidtaes for TN polls

Haasan's MNM releases names of 70 candidtaes for TN polls

Rediff.com10 Mar 2021

The party, which is facing the elections with allies, actor R Sarath Kumar-headed All India Samathuva Makkal Katchi and India Jananayaka Katchi of Lok Sabha MP Paarivendhar, has announced it will test its fortunes from 154 of the 234 seats, leaving the rest to its two partners.

'My time in jail scarred me forever'

'My time in jail scarred me forever'

Rediff.com7 Apr 2022

'Your faith in the system, and in the fact that you are a citizen of this country and have rights, starts eroding.'

Sensex tanks 883 points as rising COVID cases spooks investors

Sensex tanks 883 points as rising COVID cases spooks investors

Rediff.com19 Apr 2021

PowerGrid was the top loser in the Sensex pack, slumping over 4 per cent, followed by ONGC, IndusInd Bank, Kotak Bank, L&T, Asian Paints and Bajaj Auto. NSE Nifty tanked 258.40 points to 14,359.45.

Time For Congress To Split Up?

Time For Congress To Split Up?

Rediff.com3 Jun 2022

If it splits now, who takes what away and leaves what behind? asks Shekhar Gupta.

Dismiss MoS Mishra: Cong to Prez over Lakhimpur violence

Dismiss MoS Mishra: Cong to Prez over Lakhimpur violence

Rediff.com13 Oct 2021

The delegation demands the immediate dismissal of Minister of State for Home Ajay Kumar Mishra over the Lakhimpur Kheri violence.

How govt plans to plug gaps in the bankruptcy code

How govt plans to plug gaps in the bankruptcy code

Rediff.com25 Dec 2021

In a move to plug gaps in the Insolvency and Bankruptcy Code (IBC), the ministry of corporate affairs (MCA) has proposed robust norms against avoidance transactions, wrongful trading, and inordinate delays via changes to look-back period and fixed timelines for the tribunals to reject or approve plans, among other measures. The MCA has proposed that the IBC should provide the adjudicating authority with 30 days for approving or rejecting a resolution plan under Section 31. If a decision is not made on the resolution plan within that period, the adjudicating authority will record reasons in writing for the same, the ministry has proposed.

How BJP Won UP

How BJP Won UP

Rediff.com12 Mar 2022

The BJP campaign highlighted Yogi's persona as a tough-as-nails leader and an incorruptible man with no nest to feather; Modi's charisma which was turned on full blast in the penultimate phases; Amit Shah's ground work; a well-oiled party organisation, and the RSS's back-up.

Ansals convicted of tampering with evidence in Uphaar fire case

Ansals convicted of tampering with evidence in Uphaar fire case

Rediff.com8 Oct 2021

A Delhi court on Friday convicted real estate barons Sushil and Gopal Ansal for tampering with evidence in the 1997 case of Uphaar Cinema fire which claimed 59 lives.

A Sad Day For Rahul Mukerjea In Court

A Sad Day For Rahul Mukerjea In Court

Rediff.com5 Oct 2022

Indrani laughed loudly. She looked like the cat that got the cream, smiling gaily. Vaihayasi Pande Daniel reports from the Sheena Bora murder trial.

China, Russia, Iran and terrorism big 4 threats, says UK spy chief

China, Russia, Iran and terrorism big 4 threats, says UK spy chief

Rediff.com30 Nov 2021

China, Russia, Iran and international terrorism form the 'big four' set of security threats in an era of dramatic change, Britain's chief spy said in a rare public speech on Tuesday.

TN cops ask YouTube to block channel over offensive content against Lord Murugan

TN cops ask YouTube to block channel over offensive content against Lord Murugan

Rediff.com20 Jul 2020

The Central Crime Branch police team also conducted searches in the office of the Karuppar Kootam channel at T Nagar and sealed it days ago.

'My nation, its dignity and welfare, is being defaced'

'My nation, its dignity and welfare, is being defaced'

Rediff.com22 Mar 2022

'Religion is being deprived of its spirituality and is being used for strife and war.' 'The task right now is to keep raising a voice in favour of the 'Real Hindustan', its democracy, its composite culture, its people and their welfare.'

Why AAP's Rise Worries Modi-Shah-Nadda

Why AAP's Rise Worries Modi-Shah-Nadda

Rediff.com25 May 2022

The BJP can't be sure if it should celebrate that the old rival is fading or worry that new ones are rising. Because the last thing the BJP wants to see is alternatives rising, if only to the Congress, observes Shekhar Gupta.

'LIC's investment decisions won't change'

'LIC's investment decisions won't change'

Rediff.com19 Jul 2022

'We try to pick up stocks early and hold onto them for the long term.' 'We are not someone who buys and sells on a daily basis.'

Judge in Jantar Mantar hate case: 'We are not Taliban State'

Judge in Jantar Mantar hate case: 'We are not Taliban State'

Rediff.com24 Aug 2021

Additional sessions judge Anil Antil dismissed the application of Bhupinder Tomar, president of the 'Hindu Raksha Dal', and said that in the past such incidents have flared communal tensions leading to riots and loss to life and property. Tomar was accused of raising communal slogans and inciting youth to propagate against a particular religion at a rally at Jantar Mantar on August 8. "We are not Taliban State. Rule of law is the sacrosanct governing principle in our plural and multi-cultural society. While the whole of India is celebrating 'Azadi ka Amrut Mahotsav', there are some minds still chained with Intolerant and self centric beliefs," the judge said in the order passed on August 21.

Rs 1.63 lakh cr shaved off market value of top 9 firms, RIL leads the pack

Rs 1.63 lakh cr shaved off market value of top 9 firms, RIL leads the pack

Rediff.com1 Nov 2020

Nine of the top 10 most valued companies witnessed a combined erosion of Rs 1,63,510.28 crore in market valuation last week, with Reliance Industries emerging as the biggest laggard.

RPL case: Sebi fines RIL, Mukesh Ambani

RPL case: Sebi fines RIL, Mukesh Ambani

Rediff.com1 Jan 2021

Regulator Sebi on Friday imposed penalties on Reliance Industries Ltd, its chairman and managing director Mukesh Ambani as well as two other entities for alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) back in November 2007. Fines of Rs 25 crore and Rs 15 crore have been imposed on Reliance Industries Ltd (RIL) and Ambani, respectively. Besides, Navi Mumbai SEZ Pvt Ltd has been asked to pay a penalty of Rs 20 crore and Mumbai SEZ Ltd has been directed to pay Rs 10 crore. The case pertains to sale and purchase of RPL shares in the cash and the futures segments in November 2007.

Modiji, A Sure Shot Way To Win 2024

Modiji, A Sure Shot Way To Win 2024

Rediff.com12 May 2022

Ramesh Menon, the veteran journalist suggests Prime Minister Narendra Damodardas Modi what he should do if he wants to win 2024 Lok Sabha elections.

Centre orders ministries, PSUs to use MTNL/BSNL services

Centre orders ministries, PSUs to use MTNL/BSNL services

Rediff.com14 Oct 2020

The central government has mandated all ministries, public departments and public sector units to use the telecom services of State-run Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL).

Aggregate annual PE deal count over 60% in last 5 yrs

Aggregate annual PE deal count over 60% in last 5 yrs

Rediff.com3 Mar 2021

With the Indian economy expected to emerge as the third largest by 2030, investors have earmarked significant capital to actively participate in the India growth story.

NITI Aayog recommends privatising United India Insurance

NITI Aayog recommends privatising United India Insurance

Rediff.com7 Jul 2021

The NITI Aayog has recommended privatisation of state-owned insurer United India Insurance Company as the government aims to move ahead with its new public sector enterprise (PSE) policy for Atmanirbhar Bharat. The policy think tank has suggested that the public sector insurer be considered for privatisation in the banking, insurance and financial services sector, which has been classified as 'strategic' in the PSE policy, said an official. The policy proposes the "bare minimum" presence of government-owned companies in strategic sectors, and privatisation, merger or closure of remaining public sector undertakings (PSUs).

'We've been pushed against the wall and no one seems to care'

'We've been pushed against the wall and no one seems to care'

Rediff.com25 Apr 2022

The silence is specially deafening from three parties that symbolised hope for Muslims: The Congress, the Aam Aadmi Party and the Samajwadi Party. 'What fear prevents these leaders from at least talking about the way our community is being targeted?' 'Will they really lose Hindu votes if they do so?'

IPO Is Right Time For LIC To Take Hard Decisions

IPO Is Right Time For LIC To Take Hard Decisions

Rediff.com2 Mar 2022

LIC identifies the problems well, but what the markets will watch is how nimble it is with the solutions.

A warning for BJP from Himachal Pradesh

A warning for BJP from Himachal Pradesh

Rediff.com11 Dec 2021

If the BJP doesn't do something quickly, Anurag Thakur and P K Dhumal will be the ones having a quiet last laugh.

M-cap of eight of top-10 most valued firms zooms Rs 1.90 lakh cr

M-cap of eight of top-10 most valued firms zooms Rs 1.90 lakh cr

Rediff.com15 Nov 2020

The combined market valuation of eight of the top-10 most valued companies zoomed Rs 190,571.55 crore last week, with Bajaj Finance emerging as the biggest gainer, reflecting bullish investor sentiment. While Reliance Industries Ltd (RIL) and Tata Consultancy Services (TCS) witnessed erosion in their market capitalisation, rest of the eight companies including Hindustan Unilever Limited, HDFC, ICICI Bank and Bharti Airtel emerged as gainers. The market valuation of Bajaj Finance jumped Rs 35,878.56 crore to Rs 2,63,538.56 crore, becoming the biggest gainer among the top-10 most valued firms.

Budget Won't Ensure Economic Recovery

Budget Won't Ensure Economic Recovery

Rediff.com24 Feb 2022

By any economic theory or doctrine, this is no Budget that supports economic recovery, whether through supporting aggregate demand, or through expansionary stimulus, declares Rathin Roy.

'Tatas will bring Air India to former glory'

'Tatas will bring Air India to former glory'

Rediff.com5 Feb 2022

'All they need is proper leadership.'

Why Bommai needs New Delhi's backing to stay on as CM

Why Bommai needs New Delhi's backing to stay on as CM

Rediff.com17 Jan 2022

'Bommai is everybody's man and nobody's man'

Investor wealth tumbles Rs 6.59 lakh cr as new COVID-19 strain jolts markets

Investor wealth tumbles Rs 6.59 lakh cr as new COVID-19 strain jolts markets

Rediff.com21 Dec 2020

Investor wealth eroded by Rs 6.59 lakh crore on Monday as equities tanked after the UK reported a new strain of the COVID-19 virus. The 30-share BSE Sensex plunged 1,406.73 points or 3 per cent to close at 45,553.96. The benchmark hit an all-time high of 47,055.69 during the session. Following the sharp selling, the market capitalisation of BSE-listed firms plummeted by Rs 659,313.65 crore to Rs 1,78,79,323.05 crore.

Why Should Crude Oil Prices Go Up?

Why Should Crude Oil Prices Go Up?

Rediff.com17 Feb 2022

If international crude oil prices zoom past the current level of about $90 per barrel and move towards $100 and beyond, middle-class consumers are not going to keep quiet about their discomfort, points out Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.

What Is Raj Thackeray's Gameplan?

What Is Raj Thackeray's Gameplan?

Rediff.com22 Apr 2022

'The BJP's solo aim in Mumbai and Maharashtra is to finish off the Shiv Sena and Sharad Pawar's NCP.'

After rain havoc 'Smart City' Chennai reels under politics

After rain havoc 'Smart City' Chennai reels under politics

Rediff.com23 Nov 2021

Chennai is one of the cities where works have been completed for almost 62 per cent of the money lined up -- Rs 599 crore of the Rs 959 crore has been utilised so far. Despite this, there was no respite for the people in the city this time either, with North Chennai being the worst affected.

INS Visakhapatnam: India's Most Potent Destroyer

INS Visakhapatnam: India's Most Potent Destroyer

Rediff.com23 Nov 2021

INS Vishakapatnam's ground attack and anti-ship capabilities are achieved through a bank of BrahMos cruise missiles that can be fired at targets up to 295 km away.