News for 'global trust'

Bhutan-China Closeness: Must India Worry?

Bhutan-China Closeness: Must India Worry?

Rediff.com13 Nov 2023

Although the special relationship might compel Bhutan to be considerate of Indian interests, new challenges will likely arise. An emerging new phase of relations will also call for fresh redlines between India and Bhutan, observe Harsh V Pant and Aditya Gowdara Shivamurthy.

India-Russia ties are under stress because of US approach: Envoy

India-Russia ties are under stress because of US approach: Envoy

Rediff.com6 Feb 2023

Russia on Monday accused the US of "actively" exploiting the "contradictions" between India and China to its advantage and asserted Moscow and New Delhi accumulated mutual trust and confidence based on decades-old ties that would help the two sides to deal with the current geopolitical turbulence.

Neal Mohan to succeed Susan Wojcicki as YouTube CEO

Neal Mohan to succeed Susan Wojcicki as YouTube CEO

Rediff.com17 Feb 2023

Wojcicki, 54, said in her blog post that she will focus on "family, health, and personal projects I'm passionate about." Wojcicki, who was previously a senior vice president for ad products at Google, became CEO of YouTube in 2014.

Google unveils a slate of AI tools for Indian developers

Google unveils a slate of AI tools for Indian developers

Rediff.com29 Jun 2023

Google unveiled on Wednesday a slate of artificial intelligence (AI) tools and technologies for Indian developers at its first I/O Connect event for India, being held in Bengaluru. The company made accessible for Indian developers its faster, more accurate large language AI model accessible through PaLM API, Makersuite, as well as features on Google Cloud's Vertex AI. Google Cloud officially launched a new initiative in collaboration with Open Network for Digital Commerce (ONDC), under the Department for Promotion of Industry and Internal Trade, to help sellers build and scale commerce platforms across the country.

Maruti Suzuki logs 28% rise in exports at 263,068 units in 2022

Maruti Suzuki logs 28% rise in exports at 263,068 units in 2022

Rediff.com3 Jan 2023

Maruti Suzuki India on Tuesday reported a 28 per cent rise in exports at 263,068 units in 2022, its highest ever overseas shipments. The company's previous highest exports was achieved in 2021 with 205,450 units. The highest exported models in 2022 were Dzire, Swift, S-Presso, Baleno and Brezza, the company said in a statement.

'Applying to universities abroad is increasingly risky'

'Applying to universities abroad is increasingly risky'

Rediff.com31 Aug 2023

'With the current situation in the global job market, students come back with an added burden of educational loans.'

World Cup final: Five key battles to watch out for

World Cup final: Five key battles to watch out for

Rediff.com18 Nov 2023

A look at match-ups that could potentially decide the winner of the ICC World Cup final between India and Australia in Ahmedabad on Sunday.

Modi will be PM for 3rd time in 2024, says NDA resolution

Modi will be PM for 3rd time in 2024, says NDA resolution

Rediff.com19 Jul 2023

All 39 constituents of the National Democratic Alliance (NDA) on Tuesday reposed faith in Prime Minister Narendra Modi and resolved to contest the 2024 Lok Sabha elections unitedly under his leadership.

China to build 1200 MW nuclear plant in Pakistan's Punjab

China to build 1200 MW nuclear plant in Pakistan's Punjab

Rediff.com20 Jun 2023

China on Tuesday inked an agreement worth a whopping USD 4.8 billion with cash-strapped Pakistan to set up a 1,200-megawatt nuclear power plant as a sign of increasing strategic cooperation between the two all-weather allies.

The visionary who made Indian IT industry global

The visionary who made Indian IT industry global

Rediff.com7 Dec 2020

One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.

Antibiotic crisis needs global response: Experts

Antibiotic crisis needs global response: Experts

Rediff.com23 May 2014

Yet the international response to this threat caused by the overuse and misuse of antimicrobial drugs has been feeble, they said.

Tesla looking at sourcing components worth about $1.9 bn from India: Goyal

Tesla looking at sourcing components worth about $1.9 bn from India: Goyal

Rediff.com13 Sep 2023

US-based electric vehicle maker Tesla is looking to source components worth around $1.9 billion this year against $1 billion last year, Commerce and Industry Minister Piyush Goyal said on Wednesday. The minister said that going forward, demand for electric vehicles will increase and it will help in pushing the growth of the sector. "Tesla already last year bought one billion dollars of components from I think all of you sitting here.... I have the list of companies who supply to Tesla.

India Needs Foxconn And Vice Versa

India Needs Foxconn And Vice Versa

Rediff.com22 Aug 2023

Clearly, Foxconn Chairman Young Liu and his team are looking to raise their game in India.

Under dogs South Africa to keep calm in final vs Aus

Under dogs South Africa to keep calm in final vs Aus

Rediff.com25 Feb 2023

South Africa had been to five previous World Cup semi-finals across all formats without success, but now stand on the brink of a career-defining moment for what is largely a young group of players.

India need Iyer, Ashwin to step up in 2nd ODI vs Aus

India need Iyer, Ashwin to step up in 2nd ODI vs Aus

Rediff.com23 Sep 2023

The game on Friday had enough positives for India, mainly the performance of Mohammad Shami and Suryakumar Yadav, but few questions still need to be answered ahead of the World Cup, beginning October 5.

Real estate investment trusts: Pros and cons

Real estate investment trusts: Pros and cons

Rediff.com13 Aug 2014

Liquidity, stable income generation, potential capital appreciation are the benefits from REITs

Why stocks of listed REITs are risky bets in the near term

Why stocks of listed REITs are risky bets in the near term

Rediff.com28 Feb 2023

In addition to the negative sentiment as a consequence of changes announced in the Union Budget 2023-24 concerning tax treatment for debt repayment distribution, concerns about hiring slowdown and its leasing impact, as well as higher interest rates, could blight the sector in the near term.

Yes Bank's insolvency may widen economic pain: S&P

Yes Bank's insolvency may widen economic pain: S&P

Rediff.com9 Mar 2020

SBI's ownership should give confidence to depositors and lenders about the bank's solvency.

'Even Himalayas can't stop China and India, if there is political trust'

'Even Himalayas can't stop China and India, if there is political trust'

Rediff.com9 Mar 2018

Shed suspicion and manage differences to improve Sino-Indian ties, says Chinese Foreign Minister.

RBI Governor Wants Bankers To Be Like Dravid

RBI Governor Wants Bankers To Be Like Dravid

Rediff.com20 Nov 2023

The governor made it clear that the RBI is aware of what's happening and acts accordingly, but doesn't make a noise about that, points out Tamal Bandyopadhyay.

Modi arrives in US on his maiden state visit

Modi arrives in US on his maiden state visit

Rediff.com21 Jun 2023

From the US, Modi will travel to Egypt at the invitation of President Abdel Fattah El-Sisi.

WEF creates task force with Rajan to study global financial system

WEF creates task force with Rajan to study global financial system

Rediff.com27 Jan 2016

The task force will look at emerging markets, technology, regulatory and monetary policies, loss of trust in financial services, and financial inclusion.

If Ambani Buys Disney Star...

If Ambani Buys Disney Star...

Rediff.com18 Nov 2023

Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'

'Reduce slavery to foreign goods': Modi calls for 'vocal for local'

'Reduce slavery to foreign goods': Modi calls for 'vocal for local'

Rediff.com6 May 2022

He asked to focus on the 'vocal for local' mantra during the 'Azadi ka Amrit Mahotsav' celebrations.

India likely to be among top 20 global FDI sources by 2021

India likely to be among top 20 global FDI sources by 2021

Rediff.com14 Jun 2019

While the UN report said that FDI inflows rose 6 per cent in 2018 to $ 42 billion, the government's own data for the entire FY19 period has shown that inbound equity investments declined for the first time in six years in FY19.

India-Australia relations enter T-20 mode, says Modi on strengthening ties

India-Australia relations enter T-20 mode, says Modi on strengthening ties

Rediff.com24 May 2023

Modi and Albanese also reiterated their shared ambition for an early conclusion of the ambitious Comprehensive Economic Cooperation Agreement (CECA) that is expected to significantly expand bilateral trade ties.

Third round of layoffs: Meta's senior India executives get pink slips

Third round of layoffs: Meta's senior India executives get pink slips

Rediff.com27 May 2023

With the third and final round of layoffs implemented by Facebook's parent company Meta Platforms, Inc. in process globally, India, too, has seen its impact, with some senior executives being asked to leave. Some of the executives to have been impacted are Avinash Pant, India's director of marketing; Saket Jha Sourabh, director and head of media partnerships; and Amrita Mukherjee, one of the directors on the legal team. An email sent to the company did not elicit any comment on the development until the time of going to press.

Adani Group repays loans worth $2.65 bn to complete prepayment programme

Adani Group repays loans worth $2.65 bn to complete prepayment programme

Rediff.com5 Jun 2023

Embattled Adani Group on Monday said it has repaid loans aggregating $2.65 billion to complete a prepayment programme to cut overall leverage in an attempt to win back investor trust post a damning report of a US short seller. In a Credit Note released on Monday, Adani Group said it has made a full prepayment of $2.15 billion of loans that were taken by pledging shares in the conglomerate's listed firms and also another $700 million in loans taken for the acquisition of Ambuja Cement. "The prepayment was done along with interest payment of $203 million," it added.

World Cup 2023: India's XI Stunners!

World Cup 2023: India's XI Stunners!

Rediff.com23 Nov 2023

The collective brilliance of the Indian XI in the 2023 World Cup makes a compelling case for each player to be considered for inclusion in every World XI.

Adani Crisis: No Harm To National Interest

Adani Crisis: No Harm To National Interest

Rediff.com22 Feb 2023

Those who worry that the Adani saga will turn the world off India are not looking at the entire picture, asserts Mihir S Sharma.

Satyam auditor found guilty in GTB case

Satyam auditor found guilty in GTB case

Rediff.com10 Feb 2009

Price Waterhouse's S Gopalakrishnan was involved in the Satyam case. The other two auditors who have been found guilty by the ICAI's disciplinary committee in the Global Trust Bank case, five years after the bank had collapsed, are Price Waterhouse partner P Ramakrishna and Lovelock & Lewes employee Manish Agarwal. ICAI President Uttam Agarwal said punitive action against the erring auditors would depend upon the gravity of offence.

GTB to appoint merchant bankers

GTB to appoint merchant bankers

Rediff.com13 Jan 2003

GTB to appoint merchant bankers

Tiger Woods accused of sexual harassment by ex-girlfriend

Tiger Woods accused of sexual harassment by ex-girlfriend

Rediff.com7 May 2023

Erica and Woods have been in an ongoing legal battle for several months. In October 2022, she filed a lawsuit against a trust set up for his residence. Erica said that she had a verbal agreement to live at the estate for five years but she was kicked and locked out of the home.

Indo-US ties: Force for good: Modi; Among closest on Earth: Biden

Indo-US ties: Force for good: Modi; Among closest on Earth: Biden

Rediff.com24 May 2022

Biden praised India's Covid vaccination efforts.

'One film out of X number of films works and...'

'One film out of X number of films works and...'

Rediff.com7 Aug 2023

'...you start running after the star.' 'If the star says yes to the film, the ecosystem supports it.' 'The biggest cog in the wheel of the ecosystem is the audience and we forget that.'

Elections not a factor for monetary policy: RBI Guv

Elections not a factor for monetary policy: RBI Guv

Rediff.com22 Dec 2022

The Lok Sabha elections in 2024 are not a consideration when it comes to monetary policymaking, said Reserve Bank of India governor Shaktikanta Das to underscore the central bank's commitment to controlling inflation. "It's not possible for me to comment what we do in the next MPC (Monetary Policy Committee), but one thing I can tell and I would like to make it very clear-that the fact of elections coming up in 2024 is not a factor at all so far as monetary policymaking is concerned. "Monetary policymaking is for checking (and) controlling inflation," Das said at the Business Standard, BFSI Insight Summit.

Ayodhya to get 'Ramaland' on the lines of Disneyland

Ayodhya to get 'Ramaland' on the lines of Disneyland

Rediff.com8 May 2023

'With Ramaland, the tourism department is looking to attract children and adults alike. It'll be learning with entertainment.'

Sebi quizzed on GTB scrip

Sebi quizzed on GTB scrip

Rediff.com6 Aug 2004

Why TCS' mega deal with Transamerica came to an end

Why TCS' mega deal with Transamerica came to an end

Rediff.com24 Jun 2023

India's largest IT services player Tata Consultancy Services (TCS) saw its $2 billion, 10-year deal with Transamerica Life Insurance Company come to an end even before the period was over. Transamerica is the subsidiary of American arm of Dutch insurer Aegon NV. This is not the first time such a long-term deal has been called off. Earlier this year, UK's National Employment Savings Trust (NEST), ended a $1.8-billion deal with French IT services player Atos.

Charles III to be crowned King today

Charles III to be crowned King today

Rediff.com6 May 2023

Charles will be crowned the King of the United Kingdom amid spectacular pomp and pageantry at Westminster Abbey in London on Saturday in a solemn religious ceremony that dates back almost a thousand years.