News for 'md'

Foreign secretary to visit Bangladesh for talks amid tensions

Foreign secretary to visit Bangladesh for talks amid tensions

Rediff.com4 Dec 2024

Indian Foreign Secretary Vikram Misri is scheduled to visit Bangladesh next week for a foreign secretary-level meeting, amidst ongoing tensions between the two countries. The visit comes after the interim government led by Muhammad Yunus took power in Bangladesh, following the ouster of Sheikh Hasina as prime minister. The meeting will focus on a range of bilateral issues, including the potential extradition of Hasina and visa-related matters. Tensions between the two nations escalated further with the arrest of Hindu monk Chinmoy Krishna Das in Bangladesh, leading to concerns from India regarding attacks on minorities in the country.

JD-U sacks Manipur unit chief soon after he withdrew support from BJP

JD-U sacks Manipur unit chief soon after he withdrew support from BJP

Rediff.com22 Jan 2025

The Janata Dal-United state unit in Manipur has withdrawn support to the Bharatiya Janata Party-led Biren Singh government and the party has informed its decision to governor Ajay Kumar Bhalla.

Sebi makes separation of chairperson and MD, CEO roles voluntary

Sebi makes separation of chairperson and MD, CEO roles voluntary

Rediff.com15 Feb 2022

In a significant move, markets watchdog Sebi on Tuesday decided to implement the requirement to separate the positions of chairperson and managing director at listed companies on a voluntary basis and not make it mandatory for now. The development also comes against the backdrop of Finance Minister Nirmala Sitharaman recently saying the regulator should hear if Indian companies have a view on the matter even as she made it clear that she was not "giving a diktat". The top-500 listed entities were required to split the roles of chairperson and managing director/chief executive officer before the April 2022 deadline.

RIL, L&T, and JSW line up new energy projects for 2025

RIL, L&T, and JSW line up new energy projects for 2025

Rediff.com20 Jan 2025

Some of India's largest conglomerates are gearing up to either commission or commercially start the first phase of their new energy projects this year, according to company executives and analysts.

Budget plans to complete 1 lakh homes in stalled projects

Budget plans to complete 1 lakh homes in stalled projects

Rediff.com2 Feb 2025

Union Finance Minister Nirmala Sitharaman on Saturday announced a fresh Rs 15,000 crore 'SWAMIH Fund' for completion of 1 lakh units in stalled housing projects across various cities, a move aimed at providing relief to distressed homebuyers whose investments are stuck. In November 2019, the Centre announced a stress fund named 'Special Window for Affordable and Mid-Income Housing' (SWAMIH), to complete stalled housing projects across India.

Ranji Thriller: Can Gujarat overhaul Kerala's 457?

Ranji Thriller: Can Gujarat overhaul Kerala's 457?

Rediff.com20 Feb 2025

A resilient 72-run unbroken partnership for the eighth wicket between Jaymeet Patel and Siddharth Desai, following a commanding 148 from opener Priyank Panchal, kept Gujarat on the brink of a third Ranji Trophy final as they finished day four at 429/7 in response to Kerala's 457.

SMAT: Hardik stars with quick-fire 47; Shardul gets unwanted record

SMAT: Hardik stars with quick-fire 47; Shardul gets unwanted record

Rediff.com29 Nov 2024

Delhi use 11 bowlers vs Manipur

Consumption Funds: What You Must Know

Consumption Funds: What You Must Know

Rediff.com7 Feb 2025

Invest in these funds through the SIP route with at least a seven-year horizon.

Will it be Chakravarthy over Kuldeep for India's Champions Trophy opener?

Will it be Chakravarthy over Kuldeep for India's Champions Trophy opener?

Rediff.com19 Feb 2025

Although India are playing a strong brand of 50-overs' cricket of late, they have some selection riddles to solve before they face Bangladesh in their opening match of the Champions Trophy.

Equity MFs Gain Despite Selloff

Equity MFs Gain Despite Selloff

Rediff.com13 Feb 2025

Among the 11 equity sub-categories, thematic funds received the highest net inflows at Rs 9,017 crore, followed by smallcap funds at Rs 5,721 crore and flexicap funds at Rs 5,698 crore.

'7,000 More MBBS Seats, 3,000 For PG'

'7,000 More MBBS Seats, 3,000 For PG'

Rediff.com17 Feb 2025

India is trying to add 75,000 medical seats in five years as it also eyes to touch the WHO standard of one doctor for every 1,000 persons.

Budget sets a comprehensive blueprint for India's economic growth

Budget sets a comprehensive blueprint for India's economic growth

Rediff.com4 Feb 2025

Finance Minister (FM) Nirmala Sitharaman has presented a forward-looking Budget, reinforcing the government's commitment to 'Reform, Perform, and Transform'.

ED freezes Rs 143-crore assets of Manappuram Finance MD & CEO in money laundering case

ED freezes Rs 143-crore assets of Manappuram Finance MD & CEO in money laundering case

Rediff.com4 May 2023

The Enforcement Directorate on Thursday said it has frozen assets worth Rs 143 crore of prominent Kerala-based NBFC Manappuram Finance Ltd's MD and CEO V P Nandakumar after it conducted raids as part of a money laundering investigation. A total of six premises in Thrissur, where the company is headquartered, were covered during the searches that were launched on Wednesday. The case pertains to allegations of money laundering through "illegal" collection of deposits from the public, the agency said in a statement.

Tata Punch Knocks Out Maruti!

Tata Punch Knocks Out Maruti!

Rediff.com7 Jan 2025

While Maruti held the top spot for four decades, the Ambassador was the best-selling car in post-Independence India for three decades.

Union Budget 2025: Will 10K new medical seats curb students outflow?

Union Budget 2025: Will 10K new medical seats curb students outflow?

Rediff.com2 Feb 2025

The Indian government's announcement of 10,000 additional seats in medical colleges next year, part of a plan to add 75,000 seats over five years, has been welcomed by education experts and stakeholders. The move aims to address the shortage of medical professionals and reduce the outflow of Indian medical students to other countries. The budget also includes infrastructure expansion at five new IITs to accommodate 6,500 more students and an allocation of Rs 500 crore to set up a Centre of Excellence in Artificial Intelligence for education.

Infosys Q3 profit up 11.5%; raises growth guidance

Infosys Q3 profit up 11.5%; raises growth guidance

Rediff.com16 Jan 2025

IT services major Infosys on Thursday reported 11.46 per cent increase in consolidated net profit at Rs 6,806 crore for December quarter FY25 and raised its guidance on the back of growth in financial services and manufacturing. The company had logged a profit of Rs 6,106 crore in the corresponding period of the previous fiscal.

Buying Ford JLR was Tata's way of 'paying back'

Buying Ford JLR was Tata's way of 'paying back'

Rediff.com10 Oct 2024

Tata Indica, the Tata Group's big passenger car bet, was not delivering expected returns a year into its launch. Desperate, the Tata Motors brass, led by Ratan Tata, acceded to a meeting request from Ford Motors for a possible sale of the passenger vehicles division to the American auto major. Some people had advised Tata to sell the business, and the Ford officials came to Bombay House to hold talks.

'Our objective is to keep improving Casa ratio'

'Our objective is to keep improving Casa ratio'

Rediff.com15 Aug 2024

'The Casa ratio is at 33.4 per cent, which has to keep improving. Right now, there is a bit of liquidity pressure in the market.'

Bloodbath: 'Markets Can Fall Further From Here'

Bloodbath: 'Markets Can Fall Further From Here'

Rediff.com28 Feb 2025

As the Indian stock markets tumble under the panic set off by US President Donald Trump's tariff tantrums, three market experts weigh in on the reasons behind this fall, how much pain is left and how should investors adapt their strategies to invest in markets.

Protesters set afire Mujibur Rahman's home in Dhaka during Hasina's address

Protesters set afire Mujibur Rahman's home in Dhaka during Hasina's address

Rediff.com6 Feb 2025

A large group of protesters vandalized and set fire to the residence of Bangladesh founder Sheikh Mujibur Rahman in Dhaka during a live online address by his daughter and deposed prime minister Sheikh Hasina. The incident occurred as Hasina was delivering a speech organized by the Awami League's now disbanded student wing Chhatra League, calling upon the countrymen to resist the current regime.

'PSB is exploring digital lending solutions'

'PSB is exploring digital lending solutions'

Rediff.com5 Feb 2025

'We plan to launch new initiatives, including cash flow-based lending, to ensure borrowers are not burdened and can access funds more quickly.'

Q2 results: Slow growth bottoming out in the top five IT companies

Q2 results: Slow growth bottoming out in the top five IT companies

Rediff.com26 Oct 2024

The second-quarter performance of the top five information-technology services firms gives the hint that slow growth has bottomed out on the back of discretionary spending kicking in for the sector's largest vertical - the banking and financial services. However, concern about the macro-environment continues to be a challenge. Among the top four - Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro - it is Bengaluru-based Infosys that has performed the best and that was evident in its full-year revenue guidance.

'BC network has to be commercially viable'

'BC network has to be commercially viable'

Rediff.com20 Feb 2025

'With a very stable technology with limited functionalities, a large network has spanned out.'

Ghaziabad case: Cops receives complaint against Swara Bhasker, Twitter India MD

Ghaziabad case: Cops receives complaint against Swara Bhasker, Twitter India MD

Rediff.com17 Jun 2021

The Uttar Pradesh Police has filed the FIR against Twitter Inc, Twitter Communications India, news portal The Wire, scribes Mohammed Zubair and Rana Ayyub, and senior journalist and author Saba Naqvi, besides Congress leaders Salman Nizami, Masqoor Usmani and Sama Mohammad for sharing the video clip on the social media.

Recipe: Zelda's Edamame Truffle Rice

Recipe: Zelda's Edamame Truffle Rice

Rediff.com28 Feb 2025

Edamame + truffle oil + basmati rice = an exquisite combo.

Expert Speak: How To Sleep Better

Expert Speak: How To Sleep Better

Rediff.com17 Mar 2025

'You should keep your sleep time and wake up time fixed.' 'Avoid caffeine-containing drinks after 5 pm.' 'Avoid a heavy dinner.' 'Avoid alcohol or any stimulants, like nicotine.'

No bail, no lawyer for arrested Hindu leader in Bangladesh

No bail, no lawyer for arrested Hindu leader in Bangladesh

Rediff.com3 Dec 2024

A Hindu leader in Bangladesh, Chinmoy Krishna Das, had his bail hearing in a sedition case postponed for a month due to the absence of a lawyer to represent him. The hearing was scheduled for December 3rd, but was adjourned to January 2nd, 2024. Das was arrested on November 25th for alleged sedition and has been denied bail since. The incident has sparked protests from his supporters and has highlighted concerns about the safety of minorities in Bangladesh. The postponement of the bail hearing further delays a decision on his release.

Mercedes Benz classics take over Mumbai's streets!

Mercedes Benz classics take over Mumbai's streets!

Rediff.com25 Nov 2024

The 11th edition of the Mercedes-Benz Classic Car Rally in Mumbai on Sunday featured headturners that left the audience gasping in awe. Rajesh Alva/Rediff.com presents a ringside view.

4 more murder cases filed against Hasina, aides in Bangladesh

4 more murder cases filed against Hasina, aides in Bangladesh

Rediff.com25 Aug 2024

A murder case was filed on Sunday against 76-year-old Hasina, former director general of Border Guard of Bangladesh Gen Aziz Ahmed and 11 others over the death of Abdur Rahim, an official of the then Bangladesh Rifles in 2010, state-run BSS news agency reported.

Sensex, Nifty end flat in highly volatile trade

Sensex, Nifty end flat in highly volatile trade

Rediff.com1 Feb 2025

From the 30-share blue-chip pack, Zomato surged over 7 per cent. Maruti, ITC Hotels, ITC, Mahindra & Mahindra, Asian Paints, Titan and IndusInd Bank were among the biggest gainers. Power Grid, Larsen & Toubro, NTPC, UltraTech Cement, HCL Tech, Tech Mahindra, Infosys and Adani Ports were among the laggards.

'Goal for Axis Max Life Insurance is to become listed entity'

'Goal for Axis Max Life Insurance is to become listed entity'

Rediff.com17 Feb 2025

'However, this process will take some time. Depending on the approval timeline, it may span a few quarters.'

Ranji Trophy: Vidarbha pile on the runs against Mumbai

Ranji Trophy: Vidarbha pile on the runs against Mumbai

Rediff.com19 Feb 2025

Earlier, Akash Anand completed his second first-class century and shared a 69-run stand with Tanush Kotian (33) to lead Mumbai's recovery after they ended the second day at 188 for seven.

Hyundai Bets Big On EV infrastructure

Hyundai Bets Big On EV infrastructure

Rediff.com20 Jan 2025

The charging infrastructure expansion includes the setup of over 600 DC charging stations by 2030 (including company-owned and company-operated ones) in addition to partnerships with over 10,200 charging points, collaborating with operators like Shell, Charge Zone, and Statiq.

Foreign investors to increase participation in NSE IX

Foreign investors to increase participation in NSE IX

Rediff.com5 Nov 2024

Trading turnover on NSE IX has been witnessing an uptrend and this momentum is likely to continue thanks to the growing global interest in the overall India growth trajectory, MD & CEO of NSE International Clearing Neeraj Kulshrestha has said. Speaking at the Singapore Fintech Festival (SFF) on Monday Kulshrestha said foreign investors are likely to further increase their participation in GIFT City NIFTY.

Maruti Rolls Out Scheme To Encourage EV Adoption

Maruti Rolls Out Scheme To Encourage EV Adoption

Rediff.com31 Jan 2025

MSIL, which currently has a subscription service that allows customers to lease its petrol-run and strong hybrid vehicles on a flexible, long-term basis without ownership commitments, will introduce a leasing service as well.

Reliance spent $13 bn on acquisitions in five years

Reliance spent $13 bn on acquisitions in five years

Rediff.com31 Dec 2024

Billionaire Mukesh Ambani's Reliance Industries Ltd has spent $13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer facing verticals. Last week, Reliance bought oncology platform Karkinos Healthcare for Rs 375 crore, adding another stack to its diagnostic and digital healthcare ecosystem, Morgan Stanley said in a report.

Wipro Q2 net profit climbs 21.2%; announces 1:1 bonus share

Wipro Q2 net profit climbs 21.2%; announces 1:1 bonus share

Rediff.com17 Oct 2024

IT company Wipro on Thursday reported a 21.2 per cent increase in its consolidated net profit to Rs 3,208.8 crore for the second quarter of FY25. It had reported a profit of Rs 2,646.3 crore in the year-ago period. The revenue from operations for the reporting quarter was Rs 22,301.6 crore, a 0.95 per cent decline from Rs 22,515.9 crore in Q2 FY24.

Budget curtails carry-forward losses for mergers and acquisitions

Budget curtails carry-forward losses for mergers and acquisitions

Rediff.com4 Feb 2025

The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).

Recipe: Vidhya's Singhare Ki Kachri

Recipe: Vidhya's Singhare Ki Kachri

Rediff.com13 Dec 2024

Water chesnuts can be magically converted into a toasty warm winter evening snack.

Recipe: Bethica's Black Rice Phirni

Recipe: Bethica's Black Rice Phirni

Rediff.com5 Dec 2024

Phirni can taste astoundingly good with nutritious black rice.