News for 'uk technology'

Russia increases shelling as advance on Kyiv makes little progress

Russia increases shelling as advance on Kyiv makes little progress

Rediff.com1 Mar 2022

Fighting in Ukraine has so far pushed more than 500,000 people across the country's borders, according to the United Nations refugee agency.

NITI Aayog's Dynamic New CEO

NITI Aayog's Dynamic New CEO

Rediff.com7 Mar 2023

Go-getter, ambitious, dynamic, workaholic are some of the adjectives that officials who worked closely with B V R Subrahmanyam use to describe him.

Will INS Vishal Opt For British Power?

Will INS Vishal Opt For British Power?

Rediff.com28 Oct 2021

London hopes to convince New Delhi's naval planners to power India's second indigenous aircraft carrier with the Queen Elizabeth's integrated all-electric propulsion system.

Virus Made Us Love the Internet Again

Virus Made Us Love the Internet Again

Rediff.com3 Aug 2021

The wave of enthusiasm for digital technology had faded as we'd grown more and more worried about what smartphones and social media were doing to society and to us as individuals. Now that switchback ride between hopes for the technology and fear of it seemed to have taken us on another upward path, as the virus made us fall back in love with it. Read on for an intriguing excerpt from Rory Cellan-Jones's Always On: Hope And Fear In The Social Smartphone Era.

Modi to visit Bali from Nov 14-16 for G-20 summit, hold bilateral meets

Modi to visit Bali from Nov 14-16 for G-20 summit, hold bilateral meets

Rediff.com10 Nov 2022

Prime Minister Narendra Modi will visit the Indonesian city of Bali from November 14 to 16 to attend the G-20 summit, the ministry of external affairs announced on Thursday.

Indian firms to gain from Brexit only in the long run, say analysts

Indian firms to gain from Brexit only in the long run, say analysts

Rediff.com29 Dec 2020

Auto, pharma, IT, chemicals among sectors with significant reliance on UK and European nations with Tata Motors, Motherson Sumi, Tata Steel, TCS, Wipro, Infosys and Tech M among key names.

Theresa May to become UK's 2nd woman PM

Theresa May to become UK's 2nd woman PM

Rediff.com12 Jul 2016

Theresa May is set to become Britain's next Prime Minister after her internal party Andrea Leadsom dropped out of the Conservative leadership race.

INS Vikrant launched by us in 2013, Modi commissioned it today, says Congress

INS Vikrant launched by us in 2013, Modi commissioned it today, says Congress

Rediff.com2 Sep 2022

The Congress on Friday attacked Prime Minister Narendra Modi for "taking credit for the commissioning of" India's first indigenous aircraft carrier INS Vikrant and accused him of "hypocrisy" for not recognising the contributions made by earlier governments.

Reliance buys British battery firm for 100 mn

Reliance buys British battery firm for 100 mn

Rediff.com31 Dec 2021

Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced the buyout of British battery maker Faradion Ltd for an enterprise value of 100 million, as the oil-to-retail conglomerate continued with the acquisition of end-to-end technology for its multi-billion-dollar clean energy portfolio. Reliance New Energy Solar Ltd (RNESL), a unit of the nation's most valuable company, signed definitive agreements to acquire 100 per cent shareholding in Faradion for an enterprise value of 100 million and will invest an additional 25 million as growth capital to accelerate the commercial roll-out, the company said in a statement. Based out of Sheffield and Oxford in the UK and with its patented sodium-ion battery technology, Faradion is one of the leading global battery technology companies.

Modi to present India's climate action plan at COP26 summit

Modi to present India's climate action plan at COP26 summit

Rediff.com31 Oct 2021

During his three-day UK visit until Tuesday, Modi is listed to address the COP26 summit with a national statement about India's climate action plan in the afternoon session on Monday, ahead of Australian Prime Minister Scott Morrison and Pakistan Prime Minister Imran Khan.

Reliance to raise $5 bn to retire existing debts

Reliance to raise $5 bn to retire existing debts

Rediff.com2 Jan 2022

Billionaire Mukesh Ambani's Reliance Industries on Saturday said it will raise as much as $5 billion in foreign currency-denominated bonds and use the proceeds to retire existing borrowings. In a stock exchange filing, the company said the Finance Committee of the company board at its meeting on Saturday approved a "proposal for issuance of senior unsecured US Dollar-denominated fixed-rate notes from time to time, for an aggregate amount up to $5 billion, in one or more tranches".

Indian-origin executives in 'lean' Unilever corporate shakeup

Indian-origin executives in 'lean' Unilever corporate shakeup

Rediff.com25 Jan 2022

UK-headquartered consumer goods giant Unilever on Tuesday announced a major organisational shakeup to make the company leaner, which involves some of its Indian-origin executives, and plans to lay off 1,500 staff as part of the wider restructuring of its global operations. Sanjiv Mehta retains executive leadership of Mumbai-headquartered subsidiary Hindustan Unilever, while Unilever chief operating officer (COO) Nitin Paranjpe will take on a new role as chief transformation officer & chief people officer, leading the business transformation and heading the HR function for the transformed organisation. The company said Sunny Jain, president of beauty & personal care, has decided to leave Unilever to set up an "investment fund in technology megatrends".

Jio-BP partners with BluSmart to set up EV charging infrastructure

Jio-BP partners with BluSmart to set up EV charging infrastructure

Rediff.com9 Sep 2021

Jio-BP, the fuels and mobility joint venture between Reliance Industries and UK's BP, on Thursday announced a partnership with BluSmart - India's first and largest all-electric ride-hailing platform - to set up a network of commercial large-scale EV charging stations. As part of the partnership, Jio-BP will set up these stations for passenger electric vehicles and fleets across the country, the company said in a statement. "Through this partnership, both companies will collaborate in planning, development and operation of EV charging infrastructure, at suitable locations across cities where BluSmart operates," it said.

Indian economy poised for further growth in 2023 despite global headwinds

Indian economy poised for further growth in 2023 despite global headwinds

Rediff.com2 Jan 2023

The Indian economy recovered from the Covid-induced downturn during 2022 and is poised for further improvement in the coming quarters though downside risks emanating from geopolitical tensions, strengthening dollar and elevated inflation will continue. The positive trajectory in the growth trend and improved fundamentals will help the nation in neutralising the impact of global headwinds which are expected to have a bearing on the country's exports in the months to come. The challenges before the government and the Reserve Bank in the new year would be to arrest inflation, check declining value of rupee against US dollar and promote private investment and growth, with a view to ensure that the country remains one the fastest growing major economies of the world.

India natural ally of G7: Modi

India natural ally of G7: Modi

Rediff.com13 Jun 2021

Prime Minister Narendra Modi on Sunday said India is a natural ally for the G7 countries in defending the shared values from a host of threats stemming from authoritarianism, terrorism and violent extremism, disinformation and economic coercion.

Mukesh Ambani completes 20 years as Reliance boss

Mukesh Ambani completes 20 years as Reliance boss

Rediff.com28 Dec 2022

Mukesh Ambani, who took over the reins of Reliance Industries Ltd (RIL) after the sudden demise of his legendary industrialist father Dhirubhai Ambani, completes 20 years at the helm during which the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global conglomerate.

G20 summit: Delhi civic body makes big plans to fight dengue

G20 summit: Delhi civic body makes big plans to fight dengue

Rediff.com10 Jan 2023

Municipal authorities have envisioned a comprehensive and pro-active plan to combat dengue this year with focussed fumigation at monument sites and markets in Delhi, which will host the G20 summit in September.

Britain's new King believes in Yoga, Ayurveda

Britain's new King believes in Yoga, Ayurveda

Rediff.com9 Sep 2022

King Charles III, Britain's new monarch who ascended to the throne on the death of his mother Queen Elizabeth II, has a strong connection with India and its age-old traditions of Yoga and Ayurveda.

Banking tech start-up Zeta enters unicorn club with $1.4 bn valuation

Banking tech start-up Zeta enters unicorn club with $1.4 bn valuation

Rediff.com26 May 2021

Banking technology start-up Zeta is the latest entrant to the unicorn club after raising $250 million in its Series C round from SoftBank Vision Fund 2. Sodexo participated as an additional minority investor in the round. Founded by serial entrepreneur and billionaire Bhavin Thurakia, the startup is now valued at $1.4 billion. It is the 14th company this year to cross the $1 billion valuation mark after Meesho, Cred, Pharmeasy, ShareChat, Moglix and others.

10 HOT Tech Careers

10 HOT Tech Careers

Rediff.com22 Feb 2022

From cloud computing to people analytics, most lucrative future jobs will be dominated by people with digital skills and expertise, explains Sarita Digumarti, chief learning officer, UNext Learning.

Sensex reclaims 60,000-mark as bulls tighten grip

Sensex reclaims 60,000-mark as bulls tighten grip

Rediff.com17 Aug 2022

The BSE Sensex maintained its winning run for the fourth session on the trot on Wednesday to reclaim the 60,000-level after a gap of over four months as investors remained upbeat amid softening crude oil prices and persistent foreign fund inflows. A strengthening rupee and positive Asian markets further bolstered sentiment, traders said. The 30-share BSE benchmark jumped 417.92 points or 0.70 per cent to settle at 60,260.13 -- closing above the psychologically key 60,000-mark for the first time since April 5 this year.

Social media startup Pepul to launch on R-Day

Social media startup Pepul to launch on R-Day

Rediff.com19 Jan 2022

After raising Rs 10 crore in seed funding last week from investors like Paytm founder Vijay Shekhar Sharma, Freshworks founder Girish Mathrabootham and Silicon Valley based venture capitalist firm Hourglass Venture, Chennai-based social media startup Pepul told Business Standard that it is looking to raise around Rs 200 crore by June this year for expansion. The social media platform, focused on online ethical practices, will be launched by 1,000 entrepreneurs across the country on January 26. Pepul, founded by G Suresh Kumar, will be using an Aadhaar-based user verification system to get rid of fake accounts on its platform. "We are planning to raise around Rs 200 crore by June this year.

Over 100 mn consumers want to upgrade to 5G in India: Ericcson report

Over 100 mn consumers want to upgrade to 5G in India: Ericcson report

Rediff.com29 Sep 2022

More than 100 million users with 5G-ready smartphones wish to upgrade to a 5G subscription in 2023 while a majority of them are open to adopting a higher data-tiered plan in the next 12 months, a report by Ericsson Consumer Lab has shown. Titled "Promise of 5G in India", the study carried out in the second quarter this year reflects the views of 300 million urban smartphone users. According to the study, consumer 5G readiness remains one of the highest in the world.

Hottest Study Abroad Destination Is...

Hottest Study Abroad Destination Is...

Rediff.com5 Oct 2021

Canada has emerged as the most preferred country for Indian students abroad.

Ambani buys Britain's iconic country club Stoke Park

Ambani buys Britain's iconic country club Stoke Park

Rediff.com23 Apr 2021

Billionaire Mukesh Ambani's Reliance Industries Ltd has bought Britain's iconic country club and luxury golf resort, Stoke Park, for 57 million pounds (about Rs 592 crore). The acquisition adds to Reliance's current stake in Oberoi hotels and hotel/managed residences in Mumbai that it's developing. Over the past four years, Reliance has announced $3.3 billion in acquisitions with 14 per cent in retail, 80 per cent in technology, media, and telecom (TMT) sector, and 6 per cent in energy. The UK-based firm, which owns a hotel and golf course in Buckinghamshire, UK, will add to Reliance's consumer and hospitality assets, the firm said in a filing late on Thursday.

AUKUS complements Quad; India, Japan supported pact: Aus PM Morrison

AUKUS complements Quad; India, Japan supported pact: Aus PM Morrison

Rediff.com30 Sep 2021

The trilateral AUKUS security alliance complements partnerships like Quad and there was a "very warm embrace" of the deal by India and Japan as both the countries totally understood and supported what it is seeking to achieve, Australian Prime Minister Scott Morrison said on Thursday.

Omicron driven third Covid wave in India may peak in Feb: Covid Panel

Omicron driven third Covid wave in India may peak in Feb: Covid Panel

Rediff.com19 Dec 2021

Daily COVID-19 caseload in India that is currently around 7,500 infections is expected to increase once the Omicron starts displacing Delta as the dominant variant, informed members of the national COVID-19 supermodel committee and predicted the third wave in India early year.

India edges out China in creating new unicorns in H1CY22: Hurun report

India edges out China in creating new unicorns in H1CY22: Hurun report

Rediff.com8 Sep 2022

India overtook China to add the most number of new unicorns--start-ups valued at $1 billion or more--in the first half of 2022 despite a funding winter haunting entrepreneurs in the south Asian nation. India added 14 new unicorns in the period (H1 2022) and China had 11, according to the Hurun Global Unicorn Index 2022. The US led the ranking by adding 138 start-ups in the unicorn club.

Bird group's executive director Ankur Bhatia dies at 48

Bird group's executive director Ankur Bhatia dies at 48

Rediff.com4 Jun 2021

Bird Group's executive director Ankur Bhatia died on Friday at the age of 48 following a massive cardiac arrest.

Ukraine war an important point of discussion at G20 FMs' meet: India

Ukraine war an important point of discussion at G20 FMs' meet: India

Rediff.com1 Mar 2023

Foreign Secretary Vinay Kwatra on Wednesday refused to speculate on whether the G20 foreign ministers' meeting would be able to come out with a joint communique against the backdrop of widening differences between the West and Russia on the Ukraine conflict.

In G7 address, PM calls for 'one earth one health' approach

In G7 address, PM calls for 'one earth one health' approach

Rediff.com13 Jun 2021

Prime Minister Narendra Modi on Saturday called for following a 'one earth, one health' approach to effectively deal with the coronavirus pandemic globally, and sought the support of the G7 grouping to lift patent protections for COVID-19 vaccines, during a virtual address at an outreach session of a summit of the bloc.

Trading halt: Why NSE did not switch to disaster recovery site

Trading halt: Why NSE did not switch to disaster recovery site

Rediff.com26 Feb 2021

The country's largest stock bourse NSE on Friday said it stuck to the primary site for carrying out trading on Wednesday and did not switch to the disaster recovery site after a considered view while dealing with telecom connectivity issues which led to the nearly four-hour halt in trading earlier this week. It can be noted that Sebi had asked the exchange, which also trades the highest derivative volumes in the world, as to why it did not switch to the Disaster Recovery (DR) site. "Post shut down of trading on NSE, we considered all the available alternatives on hand including invocation of DR to decide on the course of action that would bring up the market at the earliest with least disruption to market participants and post evaluation, a decision was taken to bring up the systems at the primary site," a statement from NSE said.

UK firm offers bid for grounded Jet Airways

UK firm offers bid for grounded Jet Airways

Rediff.com10 May 2019

Sources involved in the bidding process confirmed that the entity had submitted a bid but expressed doubt over its acceptance

Issues India must focus on while negotiating trade deals

Issues India must focus on while negotiating trade deals

Rediff.com17 Nov 2021

As India goes into firming up trade deals with developed nations like Australia, the United Kingdom (UK) and the regional bloc, and the European Union (EU), it will have to be well prepared to negotiate on new-generation issues, such as data protection regulation, e-commerce, and environment. India is yet to negotiate pacts with its trading partners on these evolving issues since discussions between them have until now been largely focused on tariff and non-tariff barriers and the rules of origin. "We can no longer look at trade just as trade. We have to look at it in totality of global and regional conditions.

Indian startups raised $42 billion in 2021

Indian startups raised $42 billion in 2021

Rediff.com13 Jan 2022

Indian startups have raised $42 billion in 2021, up from $11.5 billion in the previous year, a report by Orios Venture Partners said. The report titled 'The Indian Tech Unicorn Report 2021' said India saw 46 unicorns (companies with $1 billion valuations) in 2021 alone, more than doubling the total number of unicorns to 90. These include ShareChat, Cred, Meesho, Nazara, Moglix, MPL, Grofers (now Blinkit), upGrad, Mamaearth, GlobalBees, Acko, Spinny and others. India - with 90 unicorns - is the third-largest unicorn hub behind the US (487) and China (301), and ahead of the UK (39).

Third Covid wave in India may peak in early Feb: IIT-Kanpur study

Third Covid wave in India may peak in early Feb: IIT-Kanpur study

Rediff.com24 Dec 2021

The third wave of the COVID-19 pandemic in India may peak by February 3, 2022, claims a modelling study by researchers at Indian Institute of Technology Kanpur.

London looks amazing thanks to UK's biggest light festival

London looks amazing thanks to UK's biggest light festival

Rediff.com19 Jan 2018

London has been spectacularly lit up as the Lumiere festival returns to the capital. The city's largest light festival, commissioned by Mayor of London Sadiq Khan and produced by Artichoke, started on January 18 and will continue till January 21. Here are some of the highlights from the festival.

MG Motor launches all-new ZS EV at Rs 21.99 lakh

MG Motor launches all-new ZS EV at Rs 21.99 lakh

Rediff.com7 Mar 2022

The all-new ZS EV will be available in two variants -- Excite and Exclusive, priced at Rs 21.99 lakh and Rs 25.88 lakh, respectively. The company said it has initiated bookings for the Exclusive variant, while bookings for the Excite trim will commence from July 2022. The model comes with the largest in-segment 50.3-kWh (kilowatt-hour) battery with advanced technology, offering a 461-km certified range in a single charge.

Modi, Morrison discuss keeping Indo-Pacific rules-based

Modi, Morrison discuss keeping Indo-Pacific rules-based

Rediff.com24 Sep 2021

Prime Minister Narendra Modi has met his Australian counterpart Scott Morrison in Washington, DC, ahead of the first in-person Quad meeting to be hosted by US President Joe Biden and discussed a broad range of issues of bilateral, regional and global importance, including the Indo-Pacific.