News for 'ii---'

AIFs gain currency as fundraise tops Rs 5 trn

AIFs gain currency as fundraise tops Rs 5 trn

Rediff.com27 Nov 2024

Alternative investment funds (AIFs) have crossed Rs 5 trillion in terms of funds raised, while the investment commitments have surpassed Rs 12 trillion for the first time as of September, according to data released by the Securities and Exchange Board of India (Sebi).

India tests shield against missiles with 5000 km range

India tests shield against missiles with 5000 km range

Rediff.com24 Jul 2024

The flight test fully met all the trial objectives validating complete network centric warfare weapon system, the defence ministry said.

Adani denies entering into pact to operate Kenya airport

Adani denies entering into pact to operate Kenya airport

Rediff.com23 Nov 2024

Billionaire Gautam Adani's group on Saturday clarified on reports of Kenya cancelling more than $2.5 billion in deals after US indictment on bribery charges, saying it had not entered into any binding agreement to operate Kenya's main airport. On the pact it had signed last month to build and operate key electricity transmission lines in Kenya for 30 years, the group said the project did not fall within the ambit of Sebi's disclosure regulations, thereby not warranting any disclosure on its cancellation.

Aradhanaa Makes A Smashing Debut And Wins An Award

Aradhanaa Makes A Smashing Debut And Wins An Award

Rediff.com30 Sep 2024

Here's some sizzle from the IIFA Utsavam night, which was dedicated to the south film industries of Tamil, Telugu, Malayalam and Kannada.

Time For India To Revisit Western Alliances

Time For India To Revisit Western Alliances

Rediff.com4 Nov 2024

It's time India re-visited its Western alliances for the attitude and approach that the West reserves for the nation when it comes to security cooperation of the kind that they might not have visualised outside of China, India's bug-bear, asserts N Sathiya Moorthy.

The King of Polo Rides Off Into The Ages

The King of Polo Rides Off Into The Ages

Rediff.com16 Nov 2024

Colonel Billie Sodhi's life and family heritage reflect an unwavering commitment to excellence in polo, equestrian sports, and a rare, enduring athletic legacy.

Does IAF Need Eagle II To Take On China?

Does IAF Need Eagle II To Take On China?

Rediff.com5 Apr 2022

The latest avatar of the F-15 is designed to deal with the world's most potent air threats that are emerging from China.

Over 4 lakh students to lose 5 marks in NEET-UG after SC order

Over 4 lakh students to lose 5 marks in NEET-UG after SC order

Rediff.com24 Jul 2024

The NTA had treated the two options as correct answers to the Physics question and had granted four marks to those examinees who had marked these options.

Demolition of Kashmiri Pandits' shops sparks protests in Jammu

Demolition of Kashmiri Pandits' shops sparks protests in Jammu

Rediff.com21 Nov 2024

The Jammu Development Authority (JDA) demolished a dozen shops belonging to displaced Kashmiri Pandits in Jammu city, allegedly without issuing notices, sparking protests from various sections demanding action against the officials. The shops were located on JDA land and had been built by displaced Kashmiri Pandits near the Muthi camp three decades ago. The demolition drive sparked outrage from political parties, including the BJP, PDP and Apni Party, and several Kashmir Pandit organisations, who condemned the JDA's action and called for the construction of new shops to help the displaced community sustain their livelihood.

Modi pays homage at memorials, including 'Good Maharaja Square', in Warsaw

Modi pays homage at memorials, including 'Good Maharaja Square', in Warsaw

Rediff.com22 Aug 2024

Modi, who arrived in Warsaw on the first leg of his two-nation visit during which he will also travel to Ukraine, paid his tributes at the memorials for the Valivade-Kolhapur camp and the Monument to the Battle of Monte Cassino in Warsaw.

Swiggy refiles IPO papers; eyes Rs 3,750 cr via fresh issue

Swiggy refiles IPO papers; eyes Rs 3,750 cr via fresh issue

Rediff.com26 Sep 2024

Food and grocery delivery major Swiggy on Thursday filed its updated draft papers with capital markets regulator Sebi to raise funds through its much anticipated initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth Rs 3,750 crore and an offer-for-sale (OFS) of 18.52 crore equity shares by existing shareholders, according to the updated draft red herring prospectus (UDRHP). Market sources have pegged the company's IPO size at over Rs 10,000 crore.

IPO pipeline: 10 companies aim to raise Rs 20,000 cr in Dec

IPO pipeline: 10 companies aim to raise Rs 20,000 cr in Dec

Rediff.com24 Nov 2024

The primary market is expected to remain vibrant, with at least 10 companies, including supermart major Vishal Mega Mart and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd expected to raise a combined Rs 20,000 crore in the next month, merchant bankers said. Education-focused NBFC Avanse Financial Services, TPG Capital-backed Sai Life Sciences, hospital chain operator Paras Healthcare, and investment bank DAM Capital Advisors are also among the companies planning to launch their IPOs in December, they added. The companies aim to raise a total of Rs 20,000 crore through their public offerings.

India's warmth and hospitality touched Queen Elizabeth II

India's warmth and hospitality touched Queen Elizabeth II

Rediff.com9 Sep 2022

Queen Elizabeth II made 3 State visits to India -- in 1961, 1983 and 1997.

CPSE dividend likely to cross record FY24 tally

CPSE dividend likely to cross record FY24 tally

Rediff.com29 Oct 2024

The Centre may overshoot the Rs 56,260 crore target for dividend receipts from central public-sector enterprises (CPSEs) set for FY25 and is likely to end up getting around Rs 65,000 crore this financial year, according to a senior government official. This excludes dividend from nationalised banks and financial institutions. As on October 21, the Centre collected Rs 28,913 crore as dividend and other investment from CPSEs, accounting for over 50 per cent of the Budget Estimate for FY25.

Former Karnataka CM S M Krishna passes away

Former Karnataka CM S M Krishna passes away

Rediff.com10 Dec 2024

Former Karnataka Chief Minister S M Krishna passed away at his residence in Bengaluru early Tuesday morning, his family said.

Major strike foiled as 2 more terrorists killed in Jammu encounter

Major strike foiled as 2 more terrorists killed in Jammu encounter

Rediff.com29 Oct 2024

Security forces on Tuesday morning gunned down two terrorists holed up in a forest area near a village in the Akhnoor sector in Jammu and Kashmir, taking the number of militants killed in the 27-hour-long gunfight near the Line of Control (LoC) to three, officials said.

India announces 1-day state mourning for Queen Elizabeth II

India announces 1-day state mourning for Queen Elizabeth II

Rediff.com9 Sep 2022

One day state mourning will be observed across India on September 11 as a mark of respect to United Kingdom's Queen Elizabeth II, the government announced on Friday.

'Pope Francis Was Warm And Welcoming'

'Pope Francis Was Warm And Welcoming'

Rediff.com12 Dec 2024

'Senior Vatican officials were pleasantly surprised at the number of Indians who had come to witness the ceremony.'

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.

When Pele had bewitched Queen Elizabeth II

When Pele had bewitched Queen Elizabeth II

Rediff.com31 Dec 2022

Years later, in 1997, the queen honoured Pele with an honorary knighthood of the British Empire. He remembered the moment in an Instagram post in 2017 when he thanked "all the British people for their affection".

Mahatma Carter

Mahatma Carter

Rediff.com9 Jan 2025

Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.

What's India's 'Adaptive Defence' Strategy?

What's India's 'Adaptive Defence' Strategy?

Rediff.com15 Nov 2024

It's a strategic approach in which the country's military and defence mechanisms evolve continuously in tandem with emerging threats. The new strategy anticipates events and prepares to counter those proactively.

SBI eyes Rs 10K cr via infra bond

SBI eyes Rs 10K cr via infra bond

Rediff.com20 Nov 2024

State Bank of India (SBI), India's largest lender, is looking to raise Rs 10,000 crore through 15-year infrastructure bonds as early as next week, said multiple sources aware of the development. Market participants expect a coupon in the range of 7.15-7.18 per cent for SBI's upcoming infrastructure bond issuance. This comes as demand for longer-tenor papers has remained strong in recent domestic capital market offerings.

Queen Elizabeth II dies: What happens next?

Queen Elizabeth II dies: What happens next?

Rediff.com9 Sep 2022

The death of the Queen is known in official circles in the United Kingdom as Operation London Bridge, the protocol for which has been triggered when Buckingham Palace announced the death of the 96-year-old monarch on Thursday evening.

WhatsApp's Plan For Small Businesses

WhatsApp's Plan For Small Businesses

Rediff.com13 Sep 2024

Meta announced a first-of-its-kind initiative called 'WhatsApp Bharat Yatra', where the company will go to Tier-II and Tier-III cities to provide on-ground, in-person training to small businesses.

Gautam Singhania reappointed as Raymond CMD for 5 years

Gautam Singhania reappointed as Raymond CMD for 5 years

Rediff.com27 Jun 2024

Textiles and fabric manufacturer Raymond Ltd on Thursday said its shareholders have approved the reappointment of Gautam Hari Singhania as chairman & managing director for a term of five years effective from July 1, 2024, along with his proposed remuneration. "The shareholders of the company at their Annual General Meeting (AGM) held today (June 27) have approved the re-appointment of Singhania. "The AGM commenced at 3 pm and concluded at 4:05 pm," Raymond Ltd said in a regulatory filing.

PMLA provisions cannot become ED's tools, says SC in Balaji's bail order

PMLA provisions cannot become ED's tools, says SC in Balaji's bail order

Rediff.com26 Sep 2024

The Supreme Court on Thursday said constitutional courts cannot allow provisions of the Prevention of Money Laundering Act to become instruments in the hands of the Enforcement Directorate to continue incarceration for a long time.

Sukhbir Badal escapes attempt on life at Golden Temple; ex-terrorist held

Sukhbir Badal escapes attempt on life at Golden Temple; ex-terrorist held

Rediff.com4 Dec 2024

The man, identified as Narain Singh, was overpowered by some people standing outside the Golden Temple.

US Open semi-finalist Draper dons iconic Agassi kicks

US Open semi-finalist Draper dons iconic Agassi kicks

Rediff.com5 Sep 2024

'I don't know how the hell he moved with these shoes. Honestly, I can't imagine sliding in these.'

Time Services Acted On Modi Diktat!

Time Services Acted On Modi Diktat!

Rediff.com16 Dec 2024

Almost five years later, the three services have still not fully understood that joint/theatre commands are not a discussion point; they are the prime minister's diktat on a military reform measure that is in line with what armed forces around the world have implemented, points out Ajai Shukla.

Queen Elizabeth II admired richness, diversity of India

Queen Elizabeth II admired richness, diversity of India

Rediff.com9 Sep 2022

Queen Elizabeth II, who died aged 96 on Thursday, was the first British monarch to accede to the throne after India's Independence from colonial rule in 1952 and admired the 'richness and diversity' of India where she made three State Visits over the course of her reign -- in 1961, 1983 and 1997.

'When the market is good, you have to capitalise on it'

'When the market is good, you have to capitalise on it'

Rediff.com29 Nov 2024

'Within India, people want high-quality, personalised banking services, and the demand for such services has exploded.'

Time For Pak Army Chief To Shuffle Generals

Time For Pak Army Chief To Shuffle Generals

Rediff.com11 Oct 2024

Two important Corps Commands at Multan and Bahawalpur, as also the posts of Adjutant General and Quartermaster General at General Headquarters now stand vacant, reveals Rana Banerji, who headed the Pakistan desk at RA&W.

Brics likely to focus on closer energy partnerships among members

Brics likely to focus on closer energy partnerships among members

Rediff.com22 Oct 2024

The 16th Brics Summit beginning Tuesday in Kazan, Russia, is expected to see more focus on creating a sharper energy policy for Brics that ensures closer partnership among members in both energy security and energy transition, official sources said. The same is expected to be a part of the Kazan declaration, currently being negotiated, they added.

Hindujas turn London's World War II era war office into a luxury hotel

Hindujas turn London's World War II era war office into a luxury hotel

Rediff.com27 Sep 2023

The Old War Office (OWO) of Britain's World War II era prime minister Winston Churchill opened its doors as a brand-new luxury hotel in London with a glittering launch event, complete with surprise musical performances by musicians Lord Andrew Lloyd Webber and Andrea Bocelli. Princess Anne - the Princess Royal, the sister of King Charles III, officially unveiled the plaque for The OWO after a tour of the hotel with Hinduja Group co-chairman GP Hinduja on Tuesday evening. British Prime Minister Rishi Sunak also made a quick stopover, along with parliamentarians, entrepreneurs, hoteliers and stars of film and television.

Wow! Look At These Planes Over Jodhpur

Wow! Look At These Planes Over Jodhpur

Rediff.com5 Sep 2024

The Indian Air Force's Suryakiran aerobatic team dazzles the skies during Phase 2 of Exercise Tarang Shakti 24 with their mesmerising aerial display in Jodhpur.

SC upholds states' power to regulate industrial alcohol

SC upholds states' power to regulate industrial alcohol

Rediff.com23 Oct 2024

In 1997, the seven-judge bench ruled that the Centre had the regulatory power over the production of industrial alcohol. The case was referred to the nine-judge bench in 2010.

Army sniffer dog Phantom killed protecting troops in Jammu encounter

Army sniffer dog Phantom killed protecting troops in Jammu encounter

Rediff.com29 Oct 2024

It sustained fatal bullet injuries on Monday while attempting to protect the troops from the terrorist assault.

Who's Buying Luxury Cars In Small Cities?

Who's Buying Luxury Cars In Small Cities?

Rediff.com19 Aug 2024

The rise of startups and a thriving entrepreneurial culture in Tier-II and Tier-III cities is contributing to the increasing sales of high-end cars.

Only 41% of EVs FAME II scheme target achieved

Only 41% of EVs FAME II scheme target achieved

Rediff.com8 Jun 2023

As the government plans no further extension of the scheme beyond FY24, the task is to achieve the unfinished target of subsidising 914,707 EVs.