Search results for ' Capitate (right)'

Byju's in talks with 3-4 strategic buyers to sell Epic for $450 million

Byju's in talks with 3-4 strategic buyers to sell Epic for $450 million

Rediff.com7 Nov 2023

Byju's is in talks with three-four strategic buyers, including Joffre Capital Ltd and language learning platform Duolingo, to sell one of its key assets, US-based digital reading platform Epic, for about $400-$450 million, according to sources. With this, the beleaguered edtech firm wants to meet various commitments, including repaying its entire $1.2 billion term loan B (TLB) within six months. "The binding offers of the bidders to acquire Epic are expected to come in the next few weeks after the due diligence is complete," said a person familiar with the matter.

It may take less than 3 days to rescue trapped tunnel workers if ...: Official

It may take less than 3 days to rescue trapped tunnel workers if ...: Official

Rediff.com21 Nov 2023

He further said that the "focus is on horizontal drilling" as rock formation has created challenges for vertical drilling.

North-South Divide: Myth Or Reality?

North-South Divide: Myth Or Reality?

Rediff.com20 Dec 2023

For the BJP, Telangana is a sunrise state in the South, while Karnataka is a southern success despite the ups and downs.

How govt's PLI scheme is fuelling Dixon's global dreams

How govt's PLI scheme is fuelling Dixon's global dreams

Rediff.com27 Dec 2023

Dixon Technologies right now is a beehive of activity. It is building a new facility in Noida to make 1.3 million laptops for Taiwanese PC maker Acer. The facility must be up and running in four months. The pace of activity will only increase. Last week Dixon won a similar contract from Lenovo, the Chinese personal computer maker and the third largest information technology (IT) hardware brand in India, to assemble laptops and notebooks. Though the clientele in these two cases is Taiwanese and Chinese, Dixon is a company reaching for the stars with its feet planted firmly in the Indian government's policy.

How Private Should Be A CEO's Life Be?

How Private Should Be A CEO's Life Be?

Rediff.com5 Dec 2023

Health issues, divorce, court battles, moral turpitude, and more can all distract the CEO and impinge on a company's performance. So, how much of their private life should a company disclose? asks Amit Tandon.

BJP secures 'Donate for Desh' domain, redirects traffic ahead of Cong

BJP secures 'Donate for Desh' domain, redirects traffic ahead of Cong

Rediff.com19 Dec 2023

Congress president Mallikarjun Kharge on Monday launched the party's crowdfunding campaign in New Delhi, asking people to join the fight against unemployment and rising costs.

New Delhi to discuss continuing Indian military with Maldives

New Delhi to discuss continuing Indian military with Maldives

Rediff.com18 Nov 2023

The Indian government sources said Muizzu, in the meeting, brought up the issue of Indian military personnel present in the Maldives for operating aircraft for medical evacuation and to counter drug trafficking.

'Goa Inquisition was most merciless and cruel'

'Goa Inquisition was most merciless and cruel'

Rediff.com9 Feb 2024

'It was a machinery of death. A large number of Hindus were first converted and then persecuted from 1560 all the way to 1812!' says novelist Richard Zimler.

IPL Auction: GT's Hardik replacement quest and more...

IPL Auction: GT's Hardik replacement quest and more...

Rediff.com18 Dec 2023

There could be some eye-popping deals for players, who would have struggled otherwise to attract attention in the mega auction.

'You can't experience India without experiencing its food'

'You can't experience India without experiencing its food'

Rediff.com8 Feb 2024

'My God, we could win half the world over just by our food alone.'

Small but mighty: SME IPOs break 2018 record; one every 1.38 days

Small but mighty: SME IPOs break 2018 record; one every 1.38 days

Rediff.com16 Nov 2023

In the current calendar year, small and medium enterprises (SMEs) have witnessed an impressive surge in initial public offerings (IPOs), surpassing the 2018 record. Over 150 SME IPOs have been introduced to the market, breaking the previous record of 141 set in 2018. According to data from PRIME Database, a primary market tracking firm, 147 companies successfully concluded their debut share sales by the end of October, raising a cumulative Rs 3,727 crore.

'Largecaps appear attractive'

'Largecaps appear attractive'

Rediff.com30 Nov 2023

'Auto, pharma, and industrials have delivered well in the recent quarter, while businesses like quick-service restaurants, consumer staples, and durables have underperformed in volume growth.'

'Banks are actively working on several IPOs'

'Banks are actively working on several IPOs'

Rediff.com21 Dec 2023

'The deal pipeline across products is robust for 2024.'

Interim Budget: No Big Bang Announcements On Cards

Interim Budget: No Big Bang Announcements On Cards

Rediff.com21 Dec 2023

If the Budget makes no big announcements on new schemes, projects, or tax giveaways, the government would face a major political dilemma as it may have to reluctantly consider shunning the practice of unveiling pre-election sops to woo voters, notes A K Bhattacharya.

Vishnu Deo Sai takes oath as Chhattisgarh CM

Vishnu Deo Sai takes oath as Chhattisgarh CM

Rediff.com13 Dec 2023

Senior Bharatiya Janata Party leader and the tribal face of the party, Vishnu Deo Sai, on Wednesday took oath as the chief minister of Chhattisgarh, 10 days after the saffron party returned to power after a gap of five years by unseating Congress in the assembly elections.

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

Delhi's air quality remains 'very poor', AQI at 306

Delhi's air quality remains 'very poor', AQI at 306

Rediff.com23 Oct 2023

'I think pollution levels have been rising in Delhi for the past 10-12 days. We can feel it in our eyes today. The smog is dense'

Fintechs may shift to secure products after RBI order on consumer loans

Fintechs may shift to secure products after RBI order on consumer loans

Rediff.com23 Nov 2023

Fintech companies believe that the impact of Reserve Bank of India's order last week on unsecured loans will be visible in six to 12 months and prompt them to diversify and strengthen their secured portfolio. Fintechs which source funds through banks or non-banking finance companies (NBFCs) are looking at quickly building their secured portfolio options to at least 40 per cent of their total portfolio. "Over the medium to long term, as part of our product strategy, we are evaluating secured products which can be enabled over a digital platform" said Yogi Sadana, the founder of Zype, a lending-focussed fintech.

Will Or Gift Deed? What's Better To Transfer Assets To Next Generation?

Will Or Gift Deed? What's Better To Transfer Assets To Next Generation?

Rediff.com22 Dec 2023

'Planning for the transfer of assets to the next generation is an important aspect of financial and estate planning.'

Delhi's air quality likely to dip, anti-pollution plan kicks in

Delhi's air quality likely to dip, anti-pollution plan kicks in

Rediff.com21 Oct 2023

Delhi's 24-hour average air quality index (AQI) stood at 248 on Saturday.

Kerala Guv hardens stand against CM over protests

Kerala Guv hardens stand against CM over protests

Rediff.com13 Dec 2023

Training his guns directly at the Kerala Chief Minister and the Left wing Students Federation of India, Kerala Governor Arif Mohammed Khan on Tuesday claimed that his car was 'attacked' by Students' Federation of India (SFI) activists at the behest of Chief Minister Pinarayi Vijayan.

Ponting to remain at Delhi Capitals?

Ponting to remain at Delhi Capitals?

Rediff.com15 Jun 2023

However there is no clarity whether Ponting will get the support staff of his choice as Shane Watson and James Hopes might not be seen in the dug-out next time around.

Fresh rescue plan ready on Day 7: Vertical hole, new road to reach workers

Fresh rescue plan ready on Day 7: Vertical hole, new road to reach workers

Rediff.com18 Nov 2023

A high performance drilling machine was brought in Uttarkashi from Indore on Saturday to pierce through the rubble of the collapsed tunnel on the Char Dham route and was being assembled before it is deployed to resume drilling, officials at the site said.

Shreyas Iyer hits back at scribe at press conference

Shreyas Iyer hits back at scribe at press conference

Rediff.com3 Nov 2023

In the post-match press conference, Iyer was quizzed about short ball being a problem for him and Iyer, in reply, snapped at the reporter saying: 'When you say it's a problem for me what do you mean?'

Parl passes 3 criminal law bills, Shah says end of 'tareekh-pe-tareekh' era

Parl passes 3 criminal law bills, Shah says end of 'tareekh-pe-tareekh' era

Rediff.com22 Dec 2023

The bills that repeal and replace the Indian Penal Code, Code of Criminal Procedure and the Indian Evidence Act will usher in a new era in the criminal justice system, Home Minister Amit Shah said

Batla House encounter: HC to decide on Ariz Khan's death penalty on Thursday

Batla House encounter: HC to decide on Ariz Khan's death penalty on Thursday

Rediff.com12 Oct 2023

The court will also rule on Khan's appeal against the trial court verdict that said his offence fell under the "rarest of the rare category", warranting the maximum sentence and that he be "hanged by the neck" till death.

Manipur extends internet ban till Oct 16; students block highway

Manipur extends internet ban till Oct 16; students block highway

Rediff.com11 Oct 2023

Frustration continues to mount over the prolonged mobile internet suspension with a Senapati district-based Naga students body imposing highway blockade over the issue since October 5.

Domestic mutual funds roll out US bonds as yields hit multi-year high

Domestic mutual funds roll out US bonds as yields hit multi-year high

Rediff.com25 Oct 2023

After Bandhan MF's US Treasury Bond 0-1 year Fund of Fund (FoF), Aditya Birla Sun Life (ABSL) MF has come out with US Treasury 1-3 Year Bond ETFs FoF and 3-10 Year Bond ETFs FoF. US bonds, which generally offer low yields, have turned attractive post the 525-basis point hike in US interest rates. According to Bloomberg data, the 1-year and 2-year US treasury yields now stand at 5.4 per cent and 5.1 per cent, respectively. Although the yields remain lower than what Indian government bonds offer, the differential has come down steeply.

Fundraising through QIPs surges; 20 companies raise Rs 18,400 cr in H1

Fundraising through QIPs surges; 20 companies raise Rs 18,400 cr in H1

Rediff.com8 Oct 2023

Fundraising through the issuance of shares to qualified institutional investors has seen hectic activity in the first half of the current fiscal year (FY24), with 20 companies mobilising over Rs 18,400 crore, more than four-fold from the year-ago period, on positive investors' sentiments. Moreover, the robust trend of Qualified Institutional Placements (QIPs) in the first half of the fiscal year 2023-24 is expected to persist throughout the second half of the year too, Sanjay Moorjani, Research Analyst at SAMCO Securities, told PTI. Prashant Rao, director and head of equity capital markets, Anand Rathi Investment Banking, said that market and investor sentiments play an important role for these issuances.

Judges' ability to use Constitution key to...: CJI Chandrachud

Judges' ability to use Constitution key to...: CJI Chandrachud

Rediff.com24 Oct 2023

The CJI also dealt with the principle of affirmative action by the state and said it was meant to achieve broader equality and was not against the right to equality.

IAF to unveil its new ensign after 72 years on Sunday

IAF to unveil its new ensign after 72 years on Sunday

Rediff.com7 Oct 2023

The Indian Air Force's move comes over a year after the Navy made changes in its ensign shedding its colonial past.

When Some Speak For All

When Some Speak For All

Rediff.com19 Jan 2024

...close to the 2024 general election. The BJP calling the Congress 'seasonal Hindu' is as laughable as the saffron party sparing itself the title of 'seasonal extreme Hindu.'

How else should one describe its election campaigns of the past years?
It was typically obsessive religion and personality cult with economic development for fig leaf, asserts Shyam G Menon.

Ban on barium firecrackers binds every state, not limited to Delhi alone: SC

Ban on barium firecrackers binds every state, not limited to Delhi alone: SC

Rediff.com7 Nov 2023

The clarification by the top court, which had in 2018 banned the bursting of conventional firecrackers to curb air and sound pollution, will have ramifications across the nation.

Israel, Hamas reach deal on 4-day ceasefire, hostage release

Israel, Hamas reach deal on 4-day ceasefire, hostage release

Rediff.com22 Nov 2023

According to the Qatar government, the agreement includes the release of 50 civilian women and children hostages currently held in the Gaza Strip in exchange for the release of a number of Palestinian women and children detained in Israeli prisons, the number of those released will be increased in later stages of implementing the agreement.

It is DIY for mutual fund investors as bull market continues the run

It is DIY for mutual fund investors as bull market continues the run

Rediff.com3 Oct 2023

The sharp surge in investment accounts (folios) in midcap and smallcap mutual funds (MF) in recent months is likely driven by the do-it-yourself (DIY) investors. In the first five months of the present financial year (FY 2024), net folio additions in direct MF plans (4.5 million) has outpaced that in regular plans (3.9 million), contrary to the trend seen in the previous three six-month periods. The net folio additions in direct plans in the five-month period (April-August 2023) is 40 per cent higher than the total additions made in the previous six month period.

Ranji: Mulani's 10-wicket haul powers Mumbai to consecutive bonus-point win

Ranji: Mulani's 10-wicket haul powers Mumbai to consecutive bonus-point win

Rediff.com15 Jan 2024

Left-arm spinner Shams Mulani grabbed a match haul of 10 wickets as Mumbai defeated Andhra by 10 wickets to secure a successive bonus-point victory in the Ranji Trophy in Mumbai on Monday.

India Inc rides merger-demerger wave

India Inc rides merger-demerger wave

Rediff.com19 Oct 2023

Corporate India is busy restructuring - through mergers, demergers and splits. That seems to be the new normal as CXOs and boards brainstorm on how to create assets and value. The pitch rose significantly during the third quarter of this financial year (FY24), translating into $32.9-billion worth of such deals - the highest quarterly total since the HDFC Bank-HDFC merger announced in FY22 Q2.

'Pro-China' leader Muizzu wins Maldivian presidential polls

'Pro-China' leader Muizzu wins Maldivian presidential polls

Rediff.com1 Oct 2023

Progressive Party of Maldives (PPM) candidate Mohamed Muizzu, won the Maldivian presidential elections on Saturday, Al Jazeera reported citing local media.

TMC volunteers leave Kolkata for Delhi in 25 buses

TMC volunteers leave Kolkata for Delhi in 25 buses

Rediff.com30 Sep 2023

Around 25 buses carrying Trinamool Congress volunteers set out from Kolkata on Saturday for the planned protest programme in Delhi on October 3 against the alleged withholding of funds by the Centre, party leaders said.

The Railway Men Review: Compelling Watch

The Railway Men Review: Compelling Watch

Rediff.com18 Nov 2023

The Railway Men is a compelling watch; the subject is handled with seriousness and respect without going overboard with the dramatic impact, observes Mayur Sanap.