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WeWork's exit from India unit unlikely to impact domestic co-working market

WeWork's exit from India unit unlikely to impact domestic co-working market

Rediff.com25 Jun 2024

The exit of WeWork from its India unit is unlikely to have an impact on the country's co-working real estate market, according to industry executives. The company last week received approval from the Competition Commission of India (CCI) to sell its entire 27.5 per cent stake in the India unit to Real Trustee Advisory Company. The majority of the stake (72.5 per cent) in WeWork India is owned by Bengaluru-based Embassy Group.

India's water crisis detrimental to credit health, warns Moody's

India's water crisis detrimental to credit health, warns Moody's

Rediff.com25 Jun 2024

Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sectors and is detrimental to the credit health of the sovereign as rising food inflation and decline in income may spark social unrest. It said decreases in water supply can disrupt agricultural production and industrial operations, resulting in inflation in food prices and hence can be detrimental to credit health of sectors that heavily consume water, such as coal power generators and steel-makers.

Order granting bail to Kejriwal 'perverse', ED tells HC

Order granting bail to Kejriwal 'perverse', ED tells HC

Rediff.com24 Jun 2024

The Enforcement Directorate (ED) on Monday told the Delhi high court that the trial court order granting bail to Chief Minister Arvind Kejriwal was based on 'perverse' findings as it did not consider the material demonstrating his 'neck deep involvement' in the offence of money laundering linked to the alleged excise scam.

Not heard properly: ED tells HC, challenging Kejriwal's bail

Not heard properly: ED tells HC, challenging Kejriwal's bail

Rediff.com21 Jun 2024

The Enforcement Directorate (ED) has challenged the order of Rouse Avenue court on granting bail to Delhi Chief Minister Arvind Kejriwal in a money laundering case related to the Delhi Excise policy.

PM leads Yoga Day event in Kashmir amid rain spoiler

PM leads Yoga Day event in Kashmir amid rain spoiler

Rediff.com21 Jun 2024

Prime Minister Narendra Modi on Friday said the world sees yoga as a powerful agent for global good as it helps people live in the present without carrying the baggage of the past.

Charged-up: Bengaluru takes top spot in electric car registrations

Charged-up: Bengaluru takes top spot in electric car registrations

Rediff.com18 Jun 2024

Bengaluru outpaced Mumbai, Delhi, and Pune in 2023 to become India's leading city for electric car registrations. The city's tech-savvy workforce, increased acceptability, zero road tax, subsidised electricity for EV charging, and a wide charging station network contributed to this surge. Electric car registrations in Karnataka's capital surged more than threefold in 2023 to 8,690 units, overtaking the growth witnessed in the other three cities, according to data from Jato Dynamics

Treat transgenders only as special category for job, education: HC

Treat transgenders only as special category for job, education: HC

Rediff.com13 Jun 2024

Justice V Bhavani Subbaroyan in an order passed on June 12, 2024 said in 'every employment and educational avenues,' the government shall prescribe separate norms for transgenders.

SC directs AAP to vacate Rouse Avenue office by Aug 10

SC directs AAP to vacate Rouse Avenue office by Aug 10

Rediff.com10 Jun 2024

The top court had on March 4 directed the party to vacate its office by June 15 after noting that the plot was allotted to the Delhi high court for expanding judicial infrastructure.

Coding to Pro Cricket: Netravalkar's unique journey

Coding to Pro Cricket: Netravalkar's unique journey

Rediff.com7 Jun 2024

An alumni of the prestigious Cornell University and a senior techie (coder) at Oracle, Netravalkar juggled academics and cricket with aplomb.

Modi focuses on 'clean sweeps', skips mention of reduced tally

Modi focuses on 'clean sweeps', skips mention of reduced tally

Rediff.com4 Jun 2024

Preparing to take office for a record third consecutive term, Prime Minister Narendra Modi on Tuesday pledged to work with all states, regardless of the party in power, to build a developed India.

Valuations, access to capital spur fintechs' homecoming

Valuations, access to capital spur fintechs' homecoming

Rediff.com4 Jun 2024

Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping?

What awaits newly-elected MPs in New Delhi

What awaits newly-elected MPs in New Delhi

Rediff.com31 May 2024

Transit accommodation in the Western Court Annexe or state bhavans will be provided to the newly-elected members who don't already have a government house in Delhi till they are provided regular accommodation by the Lok Sabha's House Committee, it said.

Very powerful: CBI, ED oppose BRS leader Kavitha's bail plea

Very powerful: CBI, ED oppose BRS leader Kavitha's bail plea

Rediff.com28 May 2024

The ED's counsel also contended that Kavitha was a co-conspirator and a beneficiary of the excise "scam" and the proceeds of crime were directly going to her.

2 die as Cyclone Remal tears through Bengal, heavy rain to continue

2 die as Cyclone Remal tears through Bengal, heavy rain to continue

Rediff.com27 May 2024

The cyclone ravaged adjacent coasts of the state and Bangladesh between Sagar Island and Khepupara, near the southwest of Mongla in the neighbouring country, after its landfall process began at 8.30 pm on Sunday.

President, CJI, CEC: Famous faces at polling booths

President, CJI, CEC: Famous faces at polling booths

Rediff.com26 May 2024

President Droupadi Murmu, Vice President Jagdeep Dhankhar, Chief Justice of India D Y Chandrachud, Congress leaders Sonia Gandhi and Rahul Gandhi and several other famous faces were seen at polling booths, exercising their franchise in the sixth phase of the Lok Sabha polls on Saturday.

'Kirana Stores May Adopt Quick Commerce'

'Kirana Stores May Adopt Quick Commerce'

Rediff.com23 May 2024

'Traders must adopt digital payments as soon as possible within a set timeframe, as the nation is moving rapidly towards digitisation.' 'Ignoring digital systems is not an option for strengthening trade.'

Sebi eases minimum promoter contribution norms to boost IPO process

Sebi eases minimum promoter contribution norms to boost IPO process

Rediff.com22 May 2024

In a bid to ease compliance towards companies planning public offers (IPOs), the Securities and Exchange Board of India (Sebi) has notified norms that open more avenues to meet the minimum promoters' contribution (MPC). The market regulator has permitted promoter group entities and non-individual shareholders to contribute to the mandated promoters' contribution in the case of a shortfall without being identified as a promoter.

Excise case: Jolt to Sisodia as HC rejects bail pleas in ED, CBI cases

Excise case: Jolt to Sisodia as HC rejects bail pleas in ED, CBI cases

Rediff.com22 May 2024

The high court said he was a very powerful and influential person within the power corridors of the Delhi government as he had the responsibility of 18 portfolios in the city dispensation.

'Come back and face probe': Uncle HDK to Prajwal

'Come back and face probe': Uncle HDK to Prajwal

Rediff.com21 May 2024

"...I would appeal to him (Prajwal Revanna) to come back to Karnataka and face this investigation... If you have not done anything then why are you afraid, why did you run away? You have to face this situation," Kumaraswamy told a reporter in Bengaluru.

Boxer's Olympic dream dashed by whereabouts failures

Boxer's Olympic dream dashed by whereabouts failures

Rediff.com17 May 2024

India likely to lose Olympic boxing quota as WADA suspends Parveen for three whereabout failures

'How To Choose Good MFs For Rs 5K SIPs?'

'How To Choose Good MFs For Rs 5K SIPs?'

Rediff.com16 May 2024

rediffGURU Ramalingam Kalirajan answers your personal finance queries.

Excise case: ED names K Kavitha in fresh charge sheet

Excise case: ED names K Kavitha in fresh charge sheet

Rediff.com10 May 2024

The federal agency had arrested 46-year-old Kavitha, the daughter of former Telangana chief minister K Chandrashekar Rao, from her Banjara hills residence in Hyderabad on March 15.

Campaigning not a fundamental right: ED opposes Kejri's bail in SC

Campaigning not a fundamental right: ED opposes Kejri's bail in SC

Rediff.com9 May 2024

In a fresh affidavit filed in the top court, the ED said no political leader has ever been granted interim bail for campaigning even if he is not contesting polls.

LG recommends NIA probe against Kejriwal for funding from banned SFJ

LG recommends NIA probe against Kejriwal for funding from banned SFJ

Rediff.com6 May 2024

Delhi Lt Governor V K Saxena has recommended an NIA probe against Chief Minister Arvind Kejriwal for allegedly receiving political funding from the banned terrorist organisation 'Sikhs for Justice', Raj Niwas sources said on Monday.

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.

'Rahul Gandhi Has No Idea How To Resurrect Congress'

'Rahul Gandhi Has No Idea How To Resurrect Congress'

Rediff.com3 May 2024

'Rahul Gandhi never gets firsthand information. He does not know what is good or bad going on in the party.'

Reports of Goldy Brar's killing false: California Police

Reports of Goldy Brar's killing false: California Police

Rediff.com2 May 2024

Police on Wednesday also said the incident was not connected to a case involving a reputed gang killing in India, The Fresno Bee newspaper reported.

SC questions ED on timing of Kejriwal's arrest ahead of LS polls

SC questions ED on timing of Kejriwal's arrest ahead of LS polls

Rediff.com30 Apr 2024

A bench of Justices Sanjiv Khanna and Dipankar Datta, which continued hearing on the Kejriwal's plea challenging his arrest for the consecutive day, posed several queries to Additional Solicitor General S V Raju, appearing for the ED, and sought his reply on Friday.

AAP locks horns with EC over party's LS poll campaign song

AAP locks horns with EC over party's LS poll campaign song

Rediff.com28 Apr 2024

The over two-minute campaign song, penned and sung by AAP MLA Dilip Pandey, was released at the party headquarters in New Delhi on Thursday.

Not a single rupee...: Kejriwal to SC on ED charges

Not a single rupee...: Kejriwal to SC on ED charges

Rediff.com27 Apr 2024

'The present case is a classic case of how the ruling party led central government has misused the central agency- Enforcement Directorate and its wide powers under PMLA to crush its biggest political opponent -Aam Aadmi Party and its leaders'

'My husband slapped me'

'My husband slapped me'

Rediff.com26 Apr 2024

rediffGURU Kanchan Rai, founder, Let Us Talk, offers advice on how to navigate life's problems.

'Aionos will bridge silos within aviation, hospitality using AI'

'Aionos will bridge silos within aviation, hospitality using AI'

Rediff.com24 Apr 2024

Industries such as aviation and hospitality have many silos within them and Aionos, the joint venture between Interglobe Enterprises (IGE) and Assago Group, is an attempt to bridge them and boost efficiencies using artificial intelligence (AI) solutions, Rahul Bhatia told Business Standard on Tuesday. Bhatia, the Group Managing Director of IGE, serves as the majority shareholder in India's largest airline, IndiGo. Additionally, IGE operates 21 hotels under the Ibis brand and runs a logistics company called Movin.

Age limits on health insurance policies removed

Age limits on health insurance policies removed

Rediff.com20 Apr 2024

The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap on buying health insurance policies, effective from April 1, 2024. Earlier, individuals were restricted to purchasing new insurance policies only until the age of 65. However, after the recent changes that have come into effect from April 01, 2024, anyone, regardless of age, is eligible to purchase a new health insurance.

IRDAI removes age limits on health insurance, huge relief for seniors

IRDAI removes age limits on health insurance, huge relief for seniors

Rediff.com20 Apr 2024

The move by the insurance regulatory body aims to create a more inclusive healthcare ecosystem in India and to encourage insurance provider companies to diversify their product offerings.

Diabetic Kejriwal eating mangoes, sweets to get bail: ED

Diabetic Kejriwal eating mangoes, sweets to get bail: ED

Rediff.com19 Apr 2024

This is being done to make grounds for medical bail, the ED told the court

It's All About Loving Numbers!

It's All About Loving Numbers!

Rediff.com18 Apr 2024

Bollywood loves number games. And not just the rat race kind. There's a slew of movies with numbers in their title.

Kejriwal, Jain, Sisodia on AAP's star campaigners list for Gujarat

Kejriwal, Jain, Sisodia on AAP's star campaigners list for Gujarat

Rediff.com16 Apr 2024

Names of Rajya Sabha MPs Harbhajan Singh and Swati Maliwal are missing from the list.

'Tamil voters don't like to be told what to do'

'Tamil voters don't like to be told what to do'

Rediff.com16 Apr 2024

'Modi is trying avenues to convince people why they should vote for the BJP.'

Kejriwal cannot sign political docs, says jails chief

Kejriwal cannot sign political docs, says jails chief

Rediff.com16 Apr 2024

In an interaction with PTI editors at its headquarters in New Delhi, Baniwal also said no distinction is made in the treatment meted out to the inmates and it is ensured they get the same basic right.

ED nabs man who 'managed' AAP funds for Goa polls; 17th arrest so far

ED nabs man who 'managed' AAP funds for Goa polls; 17th arrest so far

Rediff.com15 Apr 2024

He has been sent to the ED custody till April 18 by the court, they said.

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