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How india Inc biggies are going green

How india Inc biggies are going green

Rediff.com6 Jan 2022

India's traditional companies are now moving full scale into the renewable and alternative energy space that had been dominated by smaller players over the past decade. Companies such as government-owned NTPC and the Adani and the Tata groups restructured their businesses well in time to become major players in the green space. At the same time, other conventional companies, such as Larsen & Toubro and Reliance Industries Ltd (RIL), which have a presence both in the energy sector as well as myriad other activities - construction, technology and retailing - are tying up with new-age companies to hitch a ride to a greener path.

The Dust Of Development

The Dust Of Development

Rediff.com1 Jan 2022

So, what's the problem if our present is screwed up when the future promises to be profitable? It's an Indian habit, notes Shyam G Menon.

FPIs' net investments cross Rs 51,000 cr in 2021

FPIs' net investments cross Rs 51,000 cr in 2021

Rediff.com29 Dec 2021

Waves of foreign portfolio investments worth over Rs 51,000 crore splashed into the Indian market in 2021 as overseas investors turned net buyers of domestic securities for the third straight year while excess global liquidity and other factors steered the ebb and flow of their investing ways. With the global financial system still flush with liquidity, emerging market assets, especially equities, might well remain the preferred investment avenue for many more months to come, experts opined. As the equities sizzled during most of 2021, that also saw economy slowly coming back into the recovery path, Foreign Portfolio Investors (FPIs) turned net buyers but their investment is much less compared to net inflows of Rs 1.03 lakh crore in 2020.

ASK AJIT: 'Suffering huge losses in stock market. Please help'

ASK AJIT: 'Suffering huge losses in stock market. Please help'

Rediff.com24 Dec 2021

Ajit Mishra, vice president, research, Religare Broking, answers your queries.

10 Tips To Choose The Right Life Partner

10 Tips To Choose The Right Life Partner

Rediff.com23 Dec 2021

If you think you have a good connection with someone, don't reject them for an imaginary list.

JioMart taps WhatsApp to deliver groceries, vegetables

JioMart taps WhatsApp to deliver groceries, vegetables

Rediff.com15 Dec 2021

Ordering groceries, vegetables and daily essentials is just a WhatsApp away as billionaire Mukesh Ambani's e-commerce platform JioMart taps into the popular messaging app to scale up online business in its fight for dominance in the giant Indian retail market with Amazon and Walmart-owned Flipkart. Ambani's twin children, Akash and Isha gave a preview of the ordering at Meta's second edition of the Fuel for India event on Wednesday. A new 'tap and chat' option allows users to order groceries through WhatsApp.

TAX GURU: How to calculate tax on property sold?

TAX GURU: How to calculate tax on property sold?

Rediff.com15 Dec 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Verdict on Nirav Modi's extradition appeal likely in Jan 2022

Verdict on Nirav Modi's extradition appeal likely in Jan 2022

Rediff.com14 Dec 2021

The High Court in London on Tuesday began hearing Nirav Modi's appeal on the grounds of his mental health against extradition to India to face charges of fraud and money laundering, amounting to an estimated $2 billion in the Punjab National Bank (PNB) loan scam case. Lord Justice Jeremy Stuart-Smith and Justice Robert Jay presided over the hearing at the Royal Courts of Justice to determine whether District Judge Sam Goozee's February ruling in favour of extradition was incorrect to overlook the diamond merchant's "high risk of suicide". The court heard of an additional assurance from the Indian authorities on November 13, which reiterates previous commitments of adequate specialist medical care and an ambulance at hand were Nirav to be extradited to Mumbai.

What makes Raveena so HOT?

What makes Raveena so HOT?

Rediff.com3 Dec 2021

'Hot is more of a mindset. If you think you're hot, you are hot!'

Naidu rejects demand to discuss MSP law in Rajya Sabha

Naidu rejects demand to discuss MSP law in Rajya Sabha

Rediff.com3 Dec 2021

Rejecting these notices, the Chairman said, "I have not admitted (the notices) as there are other avenues to raise this matter in the House and some matters are local."

Harvard University adds caste as protected category for student workers

Harvard University adds caste as protected category for student workers

Rediff.com3 Dec 2021

The historic addition marks Harvard as the first Ivy League school to have caste equity protection in its non-discrimination clause for unionised student workers.

60% of Central Vista project has been done, govt tells Lok Sabha

60% of Central Vista project has been done, govt tells Lok Sabha

Rediff.com2 Dec 2021

Redevelopment of the Central Vista Avenue, stretching from Rashtrapati Bhavan to India Gate and has a deadline of December 2021, has achieved 60 per cent of physical progress, the Union housing and urban affairs ministry told the Lok Sabha on Thursday.

Varun Gandhi now flags lack of jobs, says youth getting frustrated

Varun Gandhi now flags lack of jobs, says youth getting frustrated

Rediff.com2 Dec 2021

Gandhi said avenues of employment for the average young person in rural India are largely restricted to seeking government jobs but the government is employing less than before in every sector be it defence, police, railways or education.

RBI's retail direct scheme off to a good start

RBI's retail direct scheme off to a good start

Rediff.com30 Nov 2021

The Reserve Bank of India's retail direct scheme is off to a good start but the central bank itself sees it as an additional avenue and not an alternative to the existing one. Still, a reasonable expectation is to have at least 100,000 investors within a month of it being operational, and that could be well under way, if the latest trend is to sustain. The registration in the retail direct platform has crossed 35,000.

Black Friday Sale receives good response, shoppers throng stores, websites

Black Friday Sale receives good response, shoppers throng stores, websites

Rediff.com29 Nov 2021

Black Friday sales in India received a good response as brands dropped their prices making customers queue up outside stores where discounts were steeper. Discounts were offered both online and offline. Most of the international brands in India offered discounts under the Black Friday Sale banner. The Black Friday Sale started in the US on the Friday after Thanksgiving Thursday. The day typically marks the beginning of the Christmas shopping season ahead of the festival.

'I watch horror movies with my eyes shut'

'I watch horror movies with my eyes shut'

Rediff.com26 Nov 2021

'When I look at my journey in Bollywood, I realise that all of those things were small pieces towards a larger sort of plan, which just had to fall in place the way it did.'

RBI unions to step up stir with mass casual leave on Nov 30 over wage deal

RBI unions to step up stir with mass casual leave on Nov 30 over wage deal

Rediff.com23 Nov 2021

The Reserve Bank of India (RBI) unions have decided to intensify their stir demanding revision of wages, pending since November 2017, and have called for mass casual leave of employees at the central bank on November 30. However, several sources in the RBI told Business Standard that the unions may not have to go on agitation, as the new contours of the wage pact have been almost finalised and could be announced any time. An email sent to the RBI was not answered. The United Forum of Reserve Bank Officers and Employees had deferred its agitation earlier after it was told that RBI Governor Shaktikanta Das was to hold talks with the human resource management department (HRMD).

'Indianness of Arunachal is not to be proven to anyone'

'Indianness of Arunachal is not to be proven to anyone'

Rediff.com18 Nov 2021

'Our love for our great nation -- Bharat is second to none and our patriotism towards our motherland -- India is for the entire nation to emulate.'

Ganguly replaces Kumble as ICC Cricket's Committee chairman

Ganguly replaces Kumble as ICC Cricket's Committee chairman

Rediff.com17 Nov 2021

Ramiz Raja part of ICC working group formed to review cricket in Afghanistan

Kashmir parties seek probe into Hyderpora encounter

Kashmir parties seek probe into Hyderpora encounter

Rediff.com16 Nov 2021

Four persons, including a Pakistani terrorist and his accomplice, were killed in a gunfight in Hyderpora locality of Srinagar late Monday evening. The dead also included the house owner and a doctor, whom police dubbed as 'terror associates'.

Modi holds meet on cryptos as Karnataka battles Bitcoin scam charge

Modi holds meet on cryptos as Karnataka battles Bitcoin scam charge

Rediff.com14 Nov 2021

Amid concerns over misleading claims of huge returns on cryptocurrency investment, Prime Minister Narendra Modi on Saturday chaired a meeting on the way forward on the issue, with government sources asserting that such unregulated markets cannot be allowed to become avenues for "money laundering and terror financing".

Kanpur trader's death: SC transfers trial to Delhi CBI court

Kanpur trader's death: SC transfers trial to Delhi CBI court

Rediff.com12 Nov 2021

The Supreme Court on Friday ordered the transfer of trial in the death case of a Kanpur-based businessman in which six policemen have been charged with murder to a CBI court in Delhi after the Uttar Pradesh government said that it has no objection to it.

Ola reports first-ever operating profit of Rs 90 cr in FY21

Ola reports first-ever operating profit of Rs 90 cr in FY21

Rediff.com2 Nov 2021

Ola has reported its first operating profit of Rs 89.82 crore for 2020-21, even as the ride-hailing company's revenue declined 65 per cent to Rs 689.61 crore amid COVID-19 induced lockdowns. As per regulatory documents filed by ANI Technologies - the parent company of Ola - it had logged standalone operating profit (profit before finance cost, depreciation, amortisation and tax (EBITDA)) of Rs 89.82 crore in FY21 on a standalone basis, while it had registered a loss of Rs 610.18 crore in the preceding fiscal year.

Modi calls for 'One Sun, One World, One Grid'

Modi calls for 'One Sun, One World, One Grid'

Rediff.com2 Nov 2021

Emphasising that everything is created from Sun, Prime Minister Narendra Modi on Tuesday called for 'One Sun, One World, One Grid' to improve the viability of solar power and announced that India's space agency ISRO will soon provide the world a calculator that can measure solar energy potential of any region across the globe. Addressing world leaders at the event 'Accelerating Clean Technology Innovation and Deployment' on the sidelines of the climate summit in Glasgow, Modi said that fossil fuel powered many nations to become wealthy during the industrial revolution, but it made the earth and environment poor.

Will Narendra Modi join Israel's Yamina party?

Will Narendra Modi join Israel's Yamina party?

Rediff.com2 Nov 2021

"Come and join my party," Israel's Prime Minister Naftali Bennett said, as the two leaders laughed and shook hands when they met on the sidelines of COP26 climate summit in Glasgow on Tuesday.

Navy leak case: Two commanders, 4 others named in CBI charge sheet

Navy leak case: Two commanders, 4 others named in CBI charge sheet

Rediff.com2 Nov 2021

The CBI on Tuesday filed its first charge sheet in the alleged leak of sensitive information on submarine retrofitting projects against six persons including two serving naval officers, officials said.

When Modi Met Biden in Rome

When Modi Met Biden in Rome

Rediff.com2 Nov 2021

No such frost was visible at the G-20 summit in Rome if this Press Information Bureau photograph is evidence.

8 banks recast exposures worth Rs 27,000 cr in OTR 2.0

8 banks recast exposures worth Rs 27,000 cr in OTR 2.0

Rediff.com2 Nov 2021

Personal loans have about 80 per cent share in exposures restructured under regulatory package 2.0 by eight banks who have declared results for the second quarter. The remaining 20 per cent are loans to individuals used for business and credit to MSMEs. The total recast exposure of these banks under One Time Restructuring (OTR 2.0) was Rs 27,708 crore.

2.7 cr Facebook content pieces actioned in India in Sep: Meta

2.7 cr Facebook content pieces actioned in India in Sep: Meta

Rediff.com1 Nov 2021

As per the report released on Monday, the over 26.9 million content pieces actioned by Facebook during September included content related to spam (20.3 million), violent and graphic content (3.4 million), adult nudity and sexual activity (2.4 million), and hate speech (182,200).

North, South blocks to be converted into national museums, Centre tells SC

North, South blocks to be converted into national museums, Centre tells SC

Rediff.com29 Oct 2021

The Centre has informed the Supreme Court that the North and South blocks, which cover nearly 27 acres housing government offices in national capital, are proposed to be converted into national museums.

India Caucus chiefs ask Biden to not penalise India for buying S-400

India Caucus chiefs ask Biden to not penalise India for buying S-400

Rediff.com27 Oct 2021

Two powerful US Senators have urged President Joe Biden not to impose provisions of the punitive Countering America's Adversaries Through Sanctions Act against India for buying the S-400 surface-to-air missile system from Russia.

Army top brass reviews combat readiness in Eastern Ladakh

Army top brass reviews combat readiness in Eastern Ladakh

Rediff.com25 Oct 2021

Top commanders of the Indian Army on Monday carried out a comprehensive review of the country's security challenges, including in eastern Ladakh and other sensitive areas along the Line of Actual Control (LAC) with China, on the opening day of a four-day conference, people familiar with the developments said.

Top Army officers to review JK killings, Ladakh row

Top Army officers to review JK killings, Ladakh row

Rediff.com24 Oct 2021

People familiar with the development said Chief of Army Staff General M M Naravane and the top commanders will review the country's combat readiness in eastern Ladakh where Indian and Chinese troops have been locked in a bitter standoff for 17 months.

The HOT new study abroad destinations for Indians

The HOT new study abroad destinations for Indians

Rediff.com22 Oct 2021

As per Western Union's study on overseas education, 22 per cent students prefer new and unconventional study destinations such as Ireland, Turkey and Spain.

UK court to hear Nirav Modi extradition case on Dec 14

UK court to hear Nirav Modi extradition case on Dec 14

Rediff.com20 Oct 2021

Nirav Modi, the fugitive diamond merchant wanted in India to face charges of fraud and money laundering in the estimated $2-billion Punjab National Bank (PNB) scam case, has lodged his appeal against extradition from the UK and the case will be heard at the high court in London on December 14. The 50-year-old jeweller, who remains behind bars at Wandsworth Prison in south-west London since his arrest in March 2019, was granted permission to appeal against the Westminster Magistrates' Court extradition order on mental health and human rights grounds. High court judge Martin Chamberlain had ruled on August 9 that arguments presented by Modi's legal team concerning his "severe depression" and "high risk of suicide" were arguable at a substantial hearing.

B'desh PM asks home minister to crack down on those inciting violence against Hindus

B'desh PM asks home minister to crack down on those inciting violence against Hindus

Rediff.com19 Oct 2021

Bangladesh Prime Minister Sheikh Hasina on Tuesday instructed her home minister to initiate immediate action against those who incited violence using religion as she asked the people not to trust anything on social media without fact-checking.

Trends that will dictate the markets this week

Trends that will dictate the markets this week

Rediff.com17 Oct 2021

Quarterly earnings and global cues will be the major sentiment driver for the equity market this week, according to analysts. Of late, Benchmark indices have been on a record-breaking run. "Quarterly results will dictate market sentiment and will be the talk of this week as they pick up the pace. "D-Street will be all ears to any management insights to forecast the future earnings trajectory.

Kashmiri youth 'rescued' from IS dragnet ends in jail

Kashmiri youth 'rescued' from IS dragnet ends in jail

Rediff.com17 Oct 2021

Parvez, a resident of the downtown area in Khanyar, was 21 when he was rescued from Ankara, after his parents claimed he had been misguided by some people to join the terror ranks.

Space tech firms urge PM to expedite approvals, fine tune rules

Space tech firms urge PM to expedite approvals, fine tune rules

Rediff.com12 Oct 2021

Government think-tank body Niti Ayog CEO Amitabh Kant supported the industry demand and called for setting up of a single window clearance system for expeditious approval of projects. Start-ups and small medium enterprises requested the prime minister to provide support in low-cost capital at the virtual launch of space and satellite industry body Indian Space Association (ISpA).

Old Parliament 'unsafe': Puri on need for new building

Old Parliament 'unsafe': Puri on need for new building

Rediff.com9 Oct 2021

Union minister Hardeep Singh Puri on Saturday said the construction of a new Parliament building and redevelopment of the Central Vista Avenue, stretching from Rashtrapati Bhavan to the India Gate, will be completed in a time-bound manner.

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