News for 'industry use cases'

When Will Kejriwal Government Fall?

When Will Kejriwal Government Fall?

Rediff.com11 Apr 2024

For someone who is such an indefatigable litigant, what is stopping Mr Saxena from using the law to depose Mr Kejriwal? Maybe we will get the answer after May 25, notes Aditi Phadnis.

4 AISATS staffers among 5 held at Delhi airport over trafficking link

4 AISATS staffers among 5 held at Delhi airport over trafficking link

Rediff.com28 Dec 2023

The company said it has suspended the staffers and that it was part of the operation to unearth this crime.

Russians Devise Ways To Outwit US, Help India

Russians Devise Ways To Outwit US, Help India

Rediff.com1 Mar 2024

Russian oil supplies to India will continue to flow unhindered and suppliers will come up with ways to sidestep secondary sanctions, a Russian official told Business Standard.

How Banks Plan To Tackle 'Mule' Fraud

How Banks Plan To Tackle 'Mule' Fraud

Rediff.com8 Aug 2024

'A mule operates someone else's account to transfer illegal money.'

GenAI can add $1.5 trn to GDP by 2030: EY

GenAI can add $1.5 trn to GDP by 2030: EY

Rediff.com18 Dec 2023

Generative AI (GenAI) has the potential to add a cumulative $1.2-1.5 trillion to India's GDP over the next seven years, according to a report by EY. The report titled 'AIdea of India: Generative AI's potential to accelerate India's digital transformation' says that in 2029-30 alone, GenAI can contribute an additional $359-438 billion to India's GDP. The report said that around 69 per cent of the overall impact of GenAI on India's GDP is expected to be derived from sectors such as business services (including IT, legal, consulting, rental of machinery and equipment, and others), financial services, education, retail, and healthcare.

Ayodhya set for Ram Lalla's Surya tilak on first Ram Navami post-consecration

Ayodhya set for Ram Lalla's Surya tilak on first Ram Navami post-consecration

Rediff.com17 Apr 2024

This would be the first Ram Navami since the consecration of the Ram idol at the new temple, inaugurated by Prime Minister Narendra Modi on January 22. The system was tested by the scientists on Tuesday.

Policy, valuations could keep rural stocks in play post-2024 polls result

Policy, valuations could keep rural stocks in play post-2024 polls result

Rediff.com13 Jun 2024

Most brokerages are betting that the new government will shift to a policy focussing on boosting rural incomes and consumption since that has clearly been a pain point.

Companies finding innovative ways to rotate independent directors

Companies finding innovative ways to rotate independent directors

Rediff.com17 May 2024

Following the end of the grandfathering period given to India Inc to replace their independent directors who had already served for 10 years, certain companies have come up with unique ways to replace the old guard.

BSE at odds with NSE over 'high' clearing and settlement charges

BSE at odds with NSE over 'high' clearing and settlement charges

Rediff.com16 Feb 2024

Rising outgo towards clearing and settlement fees has led to an altercation between the BSE and the National Stock Exchange of India (NSE), with the latter striking down the former's request to lower the charges. NSE said it has no plans to restructure the same and that it will continue with the pricing defined under the interoperability framework. The interoperability framework, introduced in 2019, allows trades executed on any of the exchanges to be settled or cleared at either of the two clearing corporations -- NSE Clearing (NCL) or Indian Clearing Corporation (ICCL), fully-owned by the NSE and the BSE, respectively.

CCI refuses to pass interim order restricting Google

CCI refuses to pass interim order restricting Google

Rediff.com21 Mar 2024

The Competition Commission of India (CCI) on Wednesday declined an interim relief order that would restrain Google from levying service fees on app developers until a final decision is made by the regulator. The CCI also said the Director General (DG) would continue its investigation as ordered by the commission in its March 15 order. "The Commission is of the considered opinion that no case whatsoever has been made out by the informants which warrant the grant of interim relief. Resultantly, the applications stand dismissed," said the CCI while rejecting the plea by app developers in its order.

Why BJP Is More Guilty Than Sam Pitroda

Why BJP Is More Guilty Than Sam Pitroda

Rediff.com15 May 2024

If Pitroda's blunder cost him his office, what should the BJP's unrepentant attitude cost it?, asks Shyam G Menon.

Largecap, midcap cutoff surges over 26% in latest Amfi classification

Largecap, midcap cutoff surges over 26% in latest Amfi classification

Rediff.com12 Jan 2024

The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. On the latest list put out by the Association of Mutual Funds in India (Amfi), the smallest largecap stock now has a market capitalisation (m-cap) of Rs 67,000 crore, 35 per cent higher than in July 2023. In the case of midcaps, the cutoff has surged 26 per cent to Rs 22,000 crore.

The Lives PSU Bankers Lead

The Lives PSU Bankers Lead

Rediff.com15 Jul 2024

A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay.

How Modi Can Overcome Coalition Challenges

How Modi Can Overcome Coalition Challenges

Rediff.com19 Jun 2024

If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya.

Crypto industry asks govt to not rush with ban, take 'nuanced approach'

Crypto industry asks govt to not rush with ban, take 'nuanced approach'

Rediff.com24 Nov 2021

The cryptocurrency industry on Wednesday urged the government to take a nuanced approach towards regulating crypto assets in India and asked investors in the country to remain calm and not arrive at a rushed conclusion, a day after the government listed for introduction a Bill to ban all such cryptocurrencies, with some exceptions.

Can Reliance Jio change the rules of the 5G game?

Can Reliance Jio change the rules of the 5G game?

Rediff.com15 Aug 2022

It came as a surprise to all stakeholders - competing telecom companies (telcos), most analysts and even the government's internal projections on revenues from the 5G auctions. Reliance Jio disrupted all calculations by paying a stiff Rs 40,000 crore to buy 10 MHz of spectrum in the 700-MHz band, globally considered a key band for efficient 5G service coverage, along with the default 3.5 GHz band and the ultra-high speed and low-latency millimetre band of 26 GHz band. So what made Jio pay almost 45 per cent of its total spend in this auction for the 700 MHz band - much more than what it rustled up even for the 3.5 GHz band?

Dr Dhruv Chauhan: 'There's No NEET Gadbad But A Scam'

Dr Dhruv Chauhan: 'There's No NEET Gadbad But A Scam'

Rediff.com26 Jun 2024

'Aspiring doctors have put in years of their lives to study in preparation for NEET exams as they start studies from Class 9 to get good marks.' 'And today, after the NEET paper leak, these students even after getting good marks are unable to get admission in any good medical college (because of inflated merit marks due to the paper leak).' 'They are thinking, was it worthwhile to study so hard for the examinations to become a doctor?'

Drugs case: Rhea received ganja from co-accused, charges NCB

Drugs case: Rhea received ganja from co-accused, charges NCB

Rediff.com12 Jul 2022

The Central anti-drug agency had filed the draft charges last month in the Special Narcotic Drugs and Psychotropic Substances Act Court against 35 accused, the details of which were made available on Tuesday.

Corporate affairs ministry assessing need to ramp up bench strength of NCLT

Corporate affairs ministry assessing need to ramp up bench strength of NCLT

Rediff.com22 Aug 2023

The Ministry of Corporate Affairs (MCA) is contemplating an increase to the existing strength of the National Company Law Tribunal (NCLT) benches to handle the growing case load. The ministry is currently analysing the time taken by each bench to dispose of matters and the total number of cases being handled by each bench. "We need to first determine our requirement, given that the NCLT handles both Company Act and insolvency and bankruptcy matters. "The latter constitutes the majority of the case burden.

ED names Jacqueline Fernandez as accused in 'conman' case

ED names Jacqueline Fernandez as accused in 'conman' case

Rediff.com17 Aug 2022

The ED in April provisionally attached Rs 7.27 crore funds of the actor under the PMLA apart from Rs 15 lakh cash as the agency called these funds as "proceeds of crime".

Army to acquire 200 mounted howitzers, 400 towed guns for China border

Army to acquire 200 mounted howitzers, 400 towed guns for China border

Rediff.com27 Nov 2023

This would be the first time that the Indian artillery would have these types of 105 mm mounted howitzers and would add to the strength of the formations deployed in forward positions, they said.

CBI grills Karti Chidambaram for 9 hours in visa bribery case

CBI grills Karti Chidambaram for 9 hours in visa bribery case

Rediff.com26 May 2022

A special court had ordered him to join the CBI investigation within 16 hours of his arrival from the United Kingdom and Europe, where he had gone with the permission of the Supreme Court and the special court itself.

'Markets may experience turbulence'

'Markets may experience turbulence'

Rediff.com22 Nov 2023

'...similar to the 2008 global financial crisis, the 2012 taper tantrum, or the 2018 midcap crash.' 'This could lead to a substantial decline in activity and revenues for the broking industry.' 'When this will happen is uncertain, but as brokers, we must be prepared for such a downturn.'

Jio, Finland's University of Oulu ink JV on 6G technology

Jio, Finland's University of Oulu ink JV on 6G technology

Rediff.com20 Jan 2022

Jio's Estonia arm and Finland-based University of Oulu have signed an agreement to collaborate for development of 6G technology as well as to foster entrepreneurship. The collaboration with the university is expected to extend Jio's 5G capabilities and will help explore use cases in the 6G era. Jio Platforms is the parent of telecom player Reliance Jio.

The Battle For Satellite Spectrum

The Battle For Satellite Spectrum

Rediff.com27 Dec 2023

While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services.

CEO-mom accused of killing son undergoes psychological tests

CEO-mom accused of killing son undergoes psychological tests

Rediff.com10 Jan 2024

Two empty bottles of a cough syrup were found in a Goa apartment, where a start-up CEO allegedly killed her minor son, indicating she may have given a heavy dose of the medicine to him in signs of a premeditated murder, even as she was subjected to psychological test to assess her mental state and help find the motive for the gruesome crime, the police said on Wednesday.

Why Builders Won't Drop Home Prices

Why Builders Won't Drop Home Prices

Rediff.com12 Jul 2024

'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'

Wage Pact: Will Bankers Make More Money?

Wage Pact: Will Bankers Make More Money?

Rediff.com2 May 2024

Postings to places at an altitude above 1,000 metres but less than 1,500 metres, between 1,500 and 3,000 metres, and above 3,000 metres entail different rates of allowances -- the higher the location, the bigger the allowance, reveals Tamal Bandyopadhyay.

Stock rally puts Gautam Adani back in world's 20 richest billionaires list

Stock rally puts Gautam Adani back in world's 20 richest billionaires list

Rediff.com30 Nov 2023

Led by a $6.5 billion surge in personal net worth on Tuesday, Gautam Adani, chairman of the Adani Group, is back in the top 20 of the world's richest list and is now ranked 19th globally. Adani is also now India's second richest with a net worth of $66.7 billion as of Tuesday, per the Bloomberg Rich List, while Mukesh Ambani, chair of Reliance Industries, is ranked number one in India and number 13 in the world with a net worth of $89.5 billion.

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.

Technology has become democratic in its truest sense: Modi

Technology has become democratic in its truest sense: Modi

Rediff.com1 Oct 2022

Prime Minister Narendra Modi on Saturday launched 5G technology services in India and said that technology has become democratic in its truest sense since even the poor of the country have always come forward in adopting new technologies. He said that this is a major step in the vision of Digital India and Aatmanirbhar Bharat. "Talking about Digital India, some people think that this is just a government scheme.

Jio completes 5G coverage planning in top 1,000 cities

Jio completes 5G coverage planning in top 1,000 cities

Rediff.com8 Aug 2022

Country's largest telecom player Jio has completed 5G coverage planning in top 1,000 cities and conducted field trials of its home-grown 5G telecom gears, Reliance Industries said in its annual report. In the report, RIL (Reliance Industries Limited) said that Jio took major steps during 2021-22 in getting ready for 5G with its 100 per cent indigenous technology. The company was the biggest bidder in the recently-concluded 5G spectrum auction.

Jacqueline Fernandez questioned by ED in 'conman' case

Jacqueline Fernandez questioned by ED in 'conman' case

Rediff.com27 Jun 2022

The 36-year-old actor has been questioned two-three times by the agency in the said case earlier.

'Huge demand for life insurance products in India'

'Huge demand for life insurance products in India'

Rediff.com1 Jan 2024

'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.'

Entities may get a year to comply with data protection norms

Entities may get a year to comply with data protection norms

Rediff.com20 Sep 2023

Entities may be given about a year to tune their systems to comply with norms of Digital Personal Data Protection Act, 2023, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday. Speaking to reporters on the sidelines of consultation with the industry, Chandrasekhar said the Data Protection Board and guidelines for the eight rules, including consent management, will be put in place within a month. "Industry wants some more time for age-gating, different timelines for transition for different data fiduciaries.

'Money lending has become prudent and conservative'

'Money lending has become prudent and conservative'

Rediff.com2 Feb 2024

'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.'

Now Get Customised Insurance

Now Get Customised Insurance

Rediff.com3 Apr 2024

From April 1, when we buy insurance for a car or take out a health cover, insurance companies can offer a product totally customised for us.

India registered 9.3 lakh cancer deaths, 2nd highest in Asia

India registered 9.3 lakh cancer deaths, 2nd highest in Asia

Rediff.com3 Jan 2024

Researchers found that India, along with China and Japan, were the three leading countries in Asia in terms of number of new cases and deaths, where they say cancer has become a more significant public health threat with 94 lakh new cases and 56 lakh deaths in 2019.

Cocaine among drugs worth Rs 250 cr seized in Maharashtra, 2 held

Cocaine among drugs worth Rs 250 cr seized in Maharashtra, 2 held

Rediff.com22 Oct 2023

The drug network was busted based on an intelligence input received by the Crime Branch, he said, adding that three persons were arrested and a case has been registered by the DRI.

Byju's Spectacular Meltdown

Byju's Spectacular Meltdown

Rediff.com7 Mar 2024

The edtech major promised a learning revolution, offering hope to millions of under-educated youth. Now, those dreams are shattered, observes Devangshu Datta.