News for 'indian ownership'

IAF To Get More Power With Gen-5 Fighter

IAF To Get More Power With Gen-5 Fighter

Rediff.com18 Jun 2024

In the event of a war with China, AMCA deep strikes would target China's rail and road links with Tibet, isolating PLA divisions there.

SC verdict on Adani 'extraordinarily generous': Cong

SC verdict on Adani 'extraordinarily generous': Cong

Rediff.com3 Jan 2024

The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be 'extraordinarily generous' to Securities and Exchange Board of India (SEBI) and asserted that the party's fight against crony capitalism and its ill-effects on prices, employment and inequalities will continue.

Why Are Airport Roofs Collapsing?

Why Are Airport Roofs Collapsing?

Rediff.com1 Jul 2024

Are faulty design, hurried construction and private ownership to be blamed for the incidents of airport roofs crashing?

Why Politics Will Stay On The Boil

Why Politics Will Stay On The Boil

Rediff.com12 Jul 2024

It's obvious to all that the Congress is overestimating its success and the BJP is underestimating the people's message delivered through the ballot box, notes Sheela Bhatt.

'Would like youngsters to step up and replicate even half of Kohli's intensity'

'Would like youngsters to step up and replicate even half of Kohli's intensity'

Rediff.com18 Jan 2024

Star India batter Virat Kohli was given the 'Fielder of the Series' award following India's win over Afghanistan in the third T20I held at Bengaluru on Thursday.

MNCs look towards India for a booster dose

MNCs look towards India for a booster dose

Rediff.com1 Apr 2024

In recent months, several pharma multinational corporations (MNCs) are increasingly turning to Indian companies to expand market reach in the country's pharmaceuticals sector. Sanofi's partnerships with Dr Reddy's, Cipla, and Emcure, AstraZeneca and Mankind Pharma - teaming up for asthma medication distribution - are a few instances of this trend. This strategy allows MNCs to leverage established Indian networks and reach a wider audience. Indian companies also benefit from global brands and expertise, say analysts.

What Married Women Must Know About Money

What Married Women Must Know About Money

Rediff.com11 Mar 2024

Make financial planning a part of your education and definitely a part of your marriage, says financial planner Sheetal Jhaveri.

R-Day: Prez Murmu revives 'buggy tradition' after 40 years

R-Day: Prez Murmu revives 'buggy tradition' after 40 years

Rediff.com26 Jan 2024

The presidents were escorted by the President's Bodyguard -- "Rashtrapati Ke Angrakshak".

ED issues fresh summons to Hemant Soren

ED issues fresh summons to Hemant Soren

Rediff.com11 Dec 2023

Soren, 48, has been asked to depose at the federal agency's regional office in the Hinoo area in Ranchi and get his statement recorded under the Prevention of Money Laundering Act (PMLA), the sources said on Monday.

Govt to bring back 150 Indian artefacts from US in next 6 months

Govt to bring back 150 Indian artefacts from US in next 6 months

Rediff.com9 Jul 2023

Mohan said bilaterally also, India is working with countries like the United States.

Vishwaguru And Arundhati Roy

Vishwaguru And Arundhati Roy

Rediff.com20 Jun 2024

The go-ahead given to prosecute Arundhati Roy would be seen by supporters of freedom of speech as an announcement that the Right-Wing doesn't feel humbled by the results of the elections, argues Shyam G Menon.

Charan Singh opposed Nehru's socialist economy

Charan Singh opposed Nehru's socialist economy

Rediff.com9 Feb 2024

Chaudhary Charan Singh, who on Friday was conferred with India's highest civilian award Bharat Ratna, is popularly known as a champion of farmers.

It's Going To Get Hotter In India

It's Going To Get Hotter In India

Rediff.com22 May 2024

More than 80 per cent of Indians live in districts vulnerable to climate risks. Among these, Assam, Andhra Pradesh, Maharashtra, Karnataka, and Bihar are the most vulnerable states to extreme climate events.

NRIs likely to get bigger play in local equities through GIFT City FPIs

NRIs likely to get bigger play in local equities through GIFT City FPIs

Rediff.com3 Dec 2023

The Securities and Exchange Board of India (Sebi) may allow non-resident Indians (NRIs) and Overseas Citizens of India (OCIs) greater exposure to domestic equities if their investments are sent through foreign portfolio investors (FPIs) registered at the GIFT City International Financial Services Centre (IFSC). The proposal will be taken during Sebi's board meeting on Saturday along with other key agenda items such as easing of voluntary delisting mechanism and introduction of a regulatory framework for real estate fractional ownership platforms, said people in the know. At present, the combined holdings of NRIs and OCIs in a global fund have to be less than 50 per cent, while that of a single NRI or OCI is capped at 25 per cent.

Safeguard Streedhan. Read To Know More

Safeguard Streedhan. Read To Know More

Rediff.com13 May 2024

Streedhan refers to gifts, money or property that a woman receives before her marriage, at the time of her marriage, during childbirth or widowhood, primarily from her parents, relatives or in-laws.

Getting Married? Plan Finances First!

Getting Married? Plan Finances First!

Rediff.com23 Oct 2023

For women, it is important to build an emergency fund and a financial independence fund independent of the couple's joint goals and plans.

Unlisted Shares Market Is Buzzing

Unlisted Shares Market Is Buzzing

Rediff.com29 Jun 2024

The dealers operating in the space have jumped nearly three times over the past two years.

2023 likely to be another volatile year for Indian equity markets

2023 likely to be another volatile year for Indian equity markets

Rediff.com14 Dec 2022

2023 could be another volatile year for Indian equity markets, according to BofA. In a report, the brokerage pointed out that the Nifty50, at present, is trading at 20.7x against its long-term average of 18.8x one-year forward earnings of current Nifty constituents. Plus, India is trading at a 98 per cent premium to its emerging market (EM) peers against its long-term average of 45 per cent.

Green likely to get leeway to prep for India series in summer

Green likely to get leeway to prep for India series in summer

Rediff.com4 Mar 2024

'I'd like to probably err on the side of preparing him through red ball. We know how good a white-ball player he is so you put a priority on what it looks like next summer.'

Home loan outstanding up by Rs 10 lakh cr in last 2 yrs

Home loan outstanding up by Rs 10 lakh cr in last 2 yrs

Rediff.com5 May 2024

Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach a record Rs 27.23 lakh crore in March this year, according to RBI's data on 'Sectoral Deployment of Bank Credit'. Experts from banking and real estate sectors attributed this growth in housing credit outstanding to a strong revival in the residential property market post-COVID pandemic on pent-up demand. According to the data of the Reserve Bank of India (RBI) on sectoral deployment of bank credit for March 2024, the credit outstanding to the housing (including priority sector housing') stood at Rs 27,22,720 crore in March 2024, up from Rs 19,88,532 crore in March 2023, and Rs 17,26,697 crore in March 2022.

Indian aviation faces swadeshi headwinds

Indian aviation faces swadeshi headwinds

Rediff.com13 Apr 2017

Amber Dubey explains why India needs to stop blocking competition if it ever wants to become the top aviation market.

Harley, Triumph blaze a trail, give Enfield a tough ride

Harley, Triumph blaze a trail, give Enfield a tough ride

Rediff.com19 Feb 2024

It has been seven months since the iconic motorcycle manufacturers, Harley-Davidson and Triumph, embarked on their journey in India with the backing of partners Hero MotoCorp and Bajaj Auto. According to data shared by the Indian majors, both brands are already creating ripples in the above 350cc category. The increase in sales has prompted a ramp-up in production and even the doubling of retail touchpoints for one of them.

Sorry Mr Modi, Katchatheevu Isn't An Election Issue In Tamil Nadu

Sorry Mr Modi, Katchatheevu Isn't An Election Issue In Tamil Nadu

Rediff.com4 Apr 2024

Rulers in New Delhi and their political aides in sensitive states like Tamil Nadu have to be doubly careful not to provoke a situation whose consequences may be much more than visible now to the naked eye, notes N Sathiya Moorthy.

Sona BLW shifts gear with order boost from EV space

Sona BLW shifts gear with order boost from EV space

Rediff.com28 Feb 2024

From its lows this month, the stock of Sona BLW Precision Forgings is up 10 per cent on better-than-expected results. The stock rose by 4 per cent in the trading session on Tuesday after Japan's Nikkei Group said the Indian automotive component major has topped its rankings in terms of competitive advantage. The rankings are based on sales, profit margin, capital expenditure, research and development, and market capitalisation.

Majority of FPIs unlikely to be hit by Sebi's new disclosure norms

Majority of FPIs unlikely to be hit by Sebi's new disclosure norms

Rediff.com24 Jan 2024

Market regulator Sebi does not expect a large number of foreign portfolio investors to be impacted by the new beneficial ownership disclosure norms, according to sources. The norms are set to come into effect from February 1 and against this backdrop, the equity market has witnessed significant volatility, with the benchmark Sensex crashing over 1,000 points on Tuesday after shedding early intraday gains. The sources in the know said FPIs which may be required to provide enhanced disclosures are expected to be significantly less than estimated in the consultation paper and the Sebi board note of October 2023.

US House passes bill to ban Chinese app TikTok

US House passes bill to ban Chinese app TikTok

Rediff.com14 Mar 2024

Passed by the House by 352 to 65 votes, the bill now heads to the US Senate for it to be sent to the White House for the President to sign it into law.

Royals oppose Kerala govt's claim on Travancore House in Delhi

Royals oppose Kerala govt's claim on Travancore House in Delhi

Rediff.com2 Aug 2023

As the Left government in Kerala gears up to inaugurate a cultural centre at Travancore House, in the heart of the national capital, on August 4, the Travancore royal family has moved the central government and various local bodies in Delhi with a request to halt the same.

Ram Vilas Paswan's Final Throw Of Dice

Ram Vilas Paswan's Final Throw Of Dice

Rediff.com29 Mar 2024

Ram Vilas Paswan was no fool. He knew very well about the ownership tussle going on beneath this veneer of congeniality. At all costs, he wanted to keep the lid on the family drama. He did not want it to come in the way of his son's coronation.

Are you paying property tax? If not, read this now

Are you paying property tax? If not, read this now

Rediff.com11 Mar 2024

Municipal corporations penalise late property tax payments. 'Penalties can include attachment of properties, bank accounts, rent and other movable assets," says Anand Moorthy, co-founder, Square Yards.

Free Divestment From Finance Ministry

Free Divestment From Finance Ministry

Rediff.com21 Mar 2024

The new government that presents the full Budget for 2024-2025 in July should be ready to restructure the way divestment is managed and implemented, proposes A K Bhattacharya.

In a first since 2010, domestic investors overtake FPIs as shareholders

In a first since 2010, domestic investors overtake FPIs as shareholders

Rediff.com4 Aug 2022

After the massive sell-off since October, foreign portfolio investors (FPIs) are no longer the biggest non-promoter-shareholders in top Indian companies. This has happened for the first time in over a decade. "At 25.6 per cent ownership of India's largest 75 companies, domestic investors are now larger holders than FPIs for the first time since 2010," said Morgan Stanley strategists Ridham Desai, Sheela Rathi and Nayant Parekh in a note.

How Private Should Be A CEO's Life Be?

How Private Should Be A CEO's Life Be?

Rediff.com5 Dec 2023

Health issues, divorce, court battles, moral turpitude, and more can all distract the CEO and impinge on a company's performance. So, how much of their private life should a company disclose? asks Amit Tandon.

Adani row: SC panel says SEBI couldn't find anything, but...

Adani row: SC panel says SEBI couldn't find anything, but...

Rediff.com19 May 2023

An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Securities and Exchange Board of India (SEBI) has 'drawn a blank' in its probe into alleged violations in money flows from offshore entities into the conglomerate.

Sebi probe into Adani drew blank: SC-appointed panel

Sebi probe into Adani drew blank: SC-appointed panel

Rediff.com19 May 2023

An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate. But the six-member panel said there was an evidence of a build-up in short positions on Adani Group stocks ahead of the report of US-based short seller Hindenburg Research, and profiting from squaring off positions after prices crashed post-publication of the damning allegations. "At this stage, taking into account the explanations provided by Sebi, supported by empirical data, prima facie, it would not be possible for the committee to conclude that there has been a regulatory failure around the allegation of price manipulation," the panel said in the report submitted to the Supreme Court.

Growing dominance: Domestic investors now own a quarter of markets

Growing dominance: Domestic investors now own a quarter of markets

Rediff.com12 May 2023

The ownership by domestic investors, individual as well as institutional, in companies listed on the National Stock Exchange (NSE) has breached the 25 per cent mark for the first time. The share stood at 25.72 per cent at the end of the March 2023 quarter, up from 24.44 per cent in the previous quarter, according to data from Prime Database. The share of foreign portfolio investors (FPIs), meanwhile, rose slightly to 20.56 per cent from 20.24 per cent as on December 31, 2022.

Why Modi sought forgiveness from Lord Ram in Ayodhya

Why Modi sought forgiveness from Lord Ram in Ayodhya

Rediff.com22 Jan 2024

January 22, 2024 is not merely a date but marks the advent of a new era, PM Modi declared.

'All Good Things Start With Ghee'

'All Good Things Start With Ghee'

Rediff.com15 Feb 2024

'I always say you really cannot own a recipe.' 'In India, where, we have been cooking for thousands of years, how can you put a finger and say, 'This is mine'?'

DGCA renews Jet Airways' air operator certificate, says Jalan Kalrock Consortium

DGCA renews Jet Airways' air operator certificate, says Jalan Kalrock Consortium

Rediff.com31 Jul 2023

Jalan-Kalrock Consortium, the winning bidder for bankrupt Jet Airways, on Monday said aviation regulator DGCA has renewed the airline's air operator certificate. Cash-strapped Jet Airways stopped flying from April 17, 2019. The Air Operator Certificate (AOC) was re-issued on May 20, 2022. However, since the airline did not start operations, AOC expired on May 19, 2023.

Jalan-Kalrock consortium gets 6 more months to pay & take control of Jet

Jalan-Kalrock consortium gets 6 more months to pay & take control of Jet

Rediff.com13 Jan 2023

The National Company Law Tribunal (NCLT) on Friday approved the transfer of ownership of bankrupt-Jet Airways to the Jalan Kalrock consortium and gave the winning bidder more time to pay the dues to the creditors. The latest rulings have come on two petitions filed by the consortium. One plea pertained to approval of transfer of ownership and the second one related to extension of time for the payment of dues to the creditors. Earlier, the tribunal had given time till November 16, 2022 for the consortium to make the payments to the creditors of the airline.