As part of a plan to refinance debt and expand its upcoming constellation of satellites, French satellite major Eutelsat Communications will raise euro 1.35 billion, or $1.55 billion, through a reserved capital increase and a rights issue, the company announced on Friday. Bharti Enterprises' space venture, Bharti Space Ltd, will invest euro 31.4 million, or $36 million, in the capital raise.
'LAP is suited for borrowers with a steady income, sound repayment discipline, and a clear repayment plan.'
The Reserve Bank of India (RBI) has extended the trading hours for the interbank call money market from July 1, and that of repo and tri-party repo markets from August 1. Market participants said the decision is intended to help reduce the large Standing Deposit Facility (SDF) balances held by banks with the RBI, thereby addressing liquidity mismatches.
'Languages should be introduced when the brain is ready, not when it's most vulnerable.'
The change in stance to neutral from accommodative in the June monetary policy meeting does not necessarily signal that the Reserve Bank of India's (RBI's) rate setting body - monetary policy committee (MPC) - will go on a prolonged pause on rate cuts going forward, believe experts.
Retained by Punjab Kings in the IPL 2025 mega auction for a price of INR 5.50 crore, Shashank kept the faith, hitting 284 runs in 13 matches with 2 half-tons so far (strike rate of 149.47).
However, under several external factors -- such as technological disruption or advancement, regulatory or policy changes, or economic shocks -- the gig workforce may grow only to 32.5 million by 2047, a report points out.
In a move that could have implications for market share dynamics, the Securities and Exchange Board of India (Sebi) has permitted the National Stock Exchange (NSE) and the BSE to alter the days for settlement of equity derivatives contracts.
Indian refiners are likely to import 2-2.2 million barrels per day of Russian crude oil in June - the highest in the last two years and more than the total volumes bought from Iraq, Saudi Arabia, the UAE and Kuwait, preliminary data by global trade analytics firm Kpler showed.
The India meteorological department said heatwave conditions will persist for at least two more days.
rediffGURU Dr Shakeeb Ahmed Khan, a physiotherapist with 13 years of experience, explains how you can prevent injuries and heal from physical pain.
One Rajya Sabha seat is a small price to pay for all the skills that Kamal Haasan brings to the table, points out Aditi Phadnis.
With the regulatory approval from the US Department of Energy in its kitty, Indian multinational conglomerate L&T is planning to focus on manufacturing small modular reactors (SMRs) to play a leading role in the commercialisation of nuclear energy in India.
rediffGURU Dr Karan Gupta, education counsellor and the founder of Karan Gupta Consulting and the Karan Gupta Education Foundation offers expert advice on overseas education, including courses, admissions and visa guidance.
'Many global investors have been overweight on dollar assets, so some diversification or hedging is naturally expected.'
'I have a deep affection for Indian cricket. If someone asked me to come back, I wouldn't say no.'
Foreign investment in bonds issued by Indian corporates touched a 10-year high in May at 20,996 crore, driven by $3.35 billion fundraise by the Shapoorji Pallonji (SP) group, which saw infusion from Deutsche Bank, BlackRock, Morgan Stanley, Davidson Kempner, and Cerberus Capital, among others. The SP group sold three-year bonds, offering 19.75 per cent yield compounded annually and payable at maturity.
Consider this: despite a traffic of over 130 million passengers flying international-to-international (I2I) routes per annum over India, only one-sixth of the long-haul traffic (26 million) emanates from the country.
TOEFL is a standardised test to measure the English language abilities of non-native speakers wishing to enrol in English-speaking universities.
Swiggy on Monday announced the launch of the 'Fasting Mode' feature that offers users the flexibility to pause food notifications whenever they observe a fast.
'...rectification has to happen then and there, and that takes additional time.'
The weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity may result in the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) to cut the repo rate by another 25 basis points, opine top economists. They also said the external economic pressures like trade policies and others would require continued RBI's accommodative stance and policy support for the Indian industry to sustain the growth.
British multinational BAT Plc on Wednesday trimmed its ownership in conglomerate ITC by divesting a 2.5 per cent stake for Rs 12,927 crore ($1.51 billion) through a block deal, according to a revised term sheet accessed by PTI. Following the stake sale, shares of ITC went lower by 1.15 per cent to trade at Rs 421.15 apiece on the NSE.
The Indian Air Force on Friday commenced its much-anticipated 'land and go' drill on the 3.5-km stretch of the Ganga Expressway in Shahjahanpur district of Uttar Pradesh, marking a significant milestone in the country's defence preparedness.
Stewards said the former champions failed to provide video from the forward and rear-facing wireless cameras within the required timeframe.
On Global Work From Home Day, take our quiz to find out just how productive you really are when you're working remotely!
Xabi Alonso guided Bayer Leverkusen to a double last season as they won the German Cup and lifted their first Bundesliga title without losing a game.
Hyundai aims to raise exports to 30% of output by FY30 as domestic sales slow; six EVs among 26 product launches planned as part of long-term growth strategy.
Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP) are very crucial. Here, we will help you understand how these tools can pave the way for a stress-free retirement.
US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a fifth of global oil and gas supply flows.
Competition Commission of India (CCI) has notified the regulations for determining the cost of production, a move that will help the watchdog to more effectively assess alleged predatory pricing and deep discounting practices especially in the quick commerce and e-commerce segments. As part of efforts to update the framework for assessing predatory pricing, the watchdog came out with the draft rules in February.
The bench noted that this case illustrates how administrative apathy can defeat the benefit of provisions of the Rights of Persons with Disabilities Act, 2016, enacted to support persons with disabilities.
The Indian Army in the intervening night of May 8 and May 9 successfully repelled and responded to multiple drone attacks by Pakistan along the western border and the Line of Control (LoC) in Jammu and Kashmir.
Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
Registering the agreement for sale remains the most reliable way for a homebuyer to secure their legal and financial interests.
'Given a chance, more than 50 per cent of employees would switch to WFH as opposed to working from office.'
Wouldn't it be better to reach 45 with a backup engine of passive income that helps you glide through these years instead of grinding, asks Ramalingam Kalirajan
Markets regulator Sebi is actively working with the Ministry of Finance and other financial regulators on setting up a centralised KYC (Know Your Customer) system, chairman Tuhin Kanta Pandey has said. The Central KYC is an online database that maintains KYC records of customers in a centralised manner, aiming to streamline compliance across financial institutions.
Royal Challengers Bengaluru and Punjab Kings, two sides chasing their first IPL title, will square off in a tantalising Qualifier 1 encounter on Thursday, May 29, 2025.
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