News for 'industry use cases'

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.

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.

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".

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.

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.

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.'

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.

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.

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.

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.

'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 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.

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.

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.

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?'

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.

MF industry badly hit by slowdown in equity flows

MF industry badly hit by slowdown in equity flows

Rediff.com17 May 2019

In April, the inflows into equity schemes dropped 60% compared to the previous month to Rs 4,608 crore, the lowest since Sept 2016.

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.

How diamond industry stands to gain from GST cut

How diamond industry stands to gain from GST cut

Rediff.com23 Sep 2019

Blocked working capital worth Rs 1,500 crore, in the almost-defunct job work diamond polishing units, is expected to be released even as diamantaires will issue fresh orders to such units following the GST relief.

Kashmir: No blanket ban on pellet guns, but to be used in rare cases

Kashmir: No blanket ban on pellet guns, but to be used in rare cases

Rediff.com29 Aug 2016

The expert panel, set up by the home ministry to find an alternative to pellet guns, is believed to have zeroed in on 'PAVA shells', a chilli-based ammunition, which is less lethal and immobilises the target.

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.

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.

ED raids 26 locations in ABG Shipyard bank fraud case

ED raids 26 locations in ABG Shipyard bank fraud case

Rediff.com26 Apr 2022

As many as 26 premises are being searched in these cities by the federal agency under the criminal sections of the Prevention of Money Laundering Act, they said.

'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.'

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.'

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.

Reliance partners Brookfield for India data centre business

Reliance partners Brookfield for India data centre business

Rediff.com24 Jul 2023

Reliance Industries Ltd on Monday announced an agreement to invest alongside Brookfield Infrastructure and Digital Realty in special purpose vehicles developing data centres in India. Reliance will hold a 33.33 per cent stake in each of the five Indian special purpose vehicles and become an equal partner, the company said in a statement. Digital Realty Trust, Inc is the largest provider of cloud and carrier-neutral data centre, colocation and interconnection solutions globally with 300+ data centres across 27 countries.

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.

'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.'

Airtel, TCS ink JV for 5G-based remote robotic operations

Airtel, TCS ink JV for 5G-based remote robotic operations

Rediff.com28 Dec 2021

Telecom operator Bharti Airtel and IT major Tata Consultancy Services (TCS) have joined hands to build a 5G-based remote working technology using robotics, according to a joint statement. TCS during the trials has successfully tested two use cases of its Neural Manufacturing solutions on Airtel's 5G testbed in Manesar - remote robotics operations, and vision-based quality inspection, the statement claimed. "The 5G ecosystem will open limitless possibilities for enterprises to enhance productivity and serve their customers even better with digitally enabled applications.

Reliance to acquire US-based solar energy software maker for $32 mn

Reliance to acquire US-based solar energy software maker for $32 mn

Rediff.com6 Sep 2022

Reliance Industries on Tuesday said it will acquire a majority stake in California-based solar energy software developer SenseHawk for $32 million (around Rs 256 crore). The acquisition of a 79.4 per cent stake in SenseHawk is part of the conglomerate's aggressive push into renewable energy to decarbonise its oil and chemical-dominated business. SenseHawk, founded in 2018, develops tools for the solar industry to help companies streamline processes and use automation. It had a turnover of $2.3 million in last financial year.

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.

ED arrests CPI-M councillor in Kerala co-operative bank fraud

ED arrests CPI-M councillor in Kerala co-operative bank fraud

Rediff.com26 Sep 2023

Arivandakshan's arrest is the first of a political person in the alleged scam in which several political functionaries of the CPM are under scanner, they said.

Bank fraud: ED registers money laundering case against ABG Shipyard

Bank fraud: ED registers money laundering case against ABG Shipyard

Rediff.com17 Feb 2022

The action comes days after the CBI registered an FIR in the country's biggest alleged bank loan fraud case till date.

Steel: Industry seeks hike in customs duty

Steel: Industry seeks hike in customs duty

Rediff.com23 Feb 2016

Industry demands the basic customs duty on all steel imports to be raised to 25%

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.

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.