Search results for ' Commercial'

HC restrains misuse of actor Jackie Shroff's name, voice without consent

HC restrains misuse of actor Jackie Shroff's name, voice without consent

Rediff.com18 May 2024

The court said Shroff is a celebrity and this status inherently grants him certain rights over his personality and associated attributes.

M&M shifts to high gear with Rs 37K cr investments

M&M shifts to high gear with Rs 37K cr investments

Rediff.com17 May 2024

Automotive (auto) major Mahindra & Mahindra (M&M), which is readying to launch nine sport utility vehicles (internal combustion engine/ICE), seven Born Electric Vehicles (BEVs), and seven light commercial vehicles by 2030, has outlined an investment of Rs 27,000 crore in its auto business between 2024-25 (FY25) and 2026-27 (FY27). Over the next three years, the company will deploy Rs 37,000 crore, including its auto business, farm business (Rs 5,000 crore), and service business (Rs 5,000 crore).

My records not under threat for now: Usain Bolt

My records not under threat for now: Usain Bolt

Rediff.com17 May 2024

Usain Bolt is going to be back at the Olympics after eight years.

Thalaimai Seyalagam Review: Strained Cliffhanger

Thalaimai Seyalagam Review: Strained Cliffhanger

Rediff.com17 May 2024

If you are looking for an average political thriller with good performances, Thalamai Seyalagam may interest you, suggests Divya Nair.

ARC chiefs to meet RBI deputy guvs for seeking clarity on bank borrowing

ARC chiefs to meet RBI deputy guvs for seeking clarity on bank borrowing

Rediff.com16 May 2024

The Reserve Bank of India (RBI) will meet top executives of asset reconstruction companies (ARCs) on Friday to take stock of the sector. During the meeting, ARCs will also seek clarity from the regulator on bank borrowing. While there is no regulatory ban in place, ARC sources said banks often refuse funding.

Making Drones For India's Villages

Making Drones For India's Villages

Rediff.com16 May 2024

'From our survey we found that there was a problem in the agricultural sector and drones could solve the problem.'

'No impact of elections on commercial vehicles market'

'No impact of elections on commercial vehicles market'

Rediff.com15 May 2024

'In April, we saw a 10 per cent growth in our own volumes.'

How DoT Plans To Check Rising Spam

How DoT Plans To Check Rising Spam

Rediff.com15 May 2024

Launched in March, it triggers re-verification of suspected fraudulent numbers. Failing re-verification, the number will be disconnected.

Mumbai hoarding crash: Owner of ad co has 23 cases, was held for rape

Mumbai hoarding crash: Owner of ad co has 23 cases, was held for rape

Rediff.com15 May 2024

After Monday's hoarding crash in which at least 14 people died, he has been absconding, while a case under IPC section 304 (causing death by negligence) was registered against him at Pantnagar police station in the city.

Lawyers cannot be sued for 'deficiency in service': SC

Lawyers cannot be sued for 'deficiency in service': SC

Rediff.com15 May 2024

The top court said a considerable amount of direct control is exercised by the client over the manner in which an advocate renders his services during the course of his employment.

Jackie Shroff moves HC against illegal use of his name by many entities

Jackie Shroff moves HC against illegal use of his name by many entities

Rediff.com14 May 2024

Counsel appearing for the actor objected to the "misuse" of his personality and publicity rights through sale of merchandise, ringtones, wallpapers as well as "insulting" memes and GIFs and the use of artificial intelligence.

Plea in SC for court-monitored SIT probe into electoral bonds scheme

Plea in SC for court-monitored SIT probe into electoral bonds scheme

Rediff.com14 May 2024

A bench comprising Justices Sanjiv Khanna and Dipankar Datta took note of the submissions of lawyer Prashant Bhushan, appearing for NGOs 'Common Cause' and the Centre for Public Interest Litigation, that the plea needed to be listed for hearing at the earliest.

$120 mn investments, $250 mn credit line to fund Chabahar port growth

$120 mn investments, $250 mn credit line to fund Chabahar port growth

Rediff.com14 May 2024

India's 10-year bilateral contract with Iran for the operation of Chabahar Port is likely to bring in an investment of approximately $370 million. This comprises a direct investment of $120 million from India for infrastructure development and a $250 million line of credit to Iran, Business Standard has learnt. With the $120 million committed for port development, India is set to procure advanced equipment, such as rail-mounted quay cranes, rubber-tyred gantry cranes (also known as transtainers), reach stackers, and forklifts.

Who Will Be The Next SBI Chief?

Who Will Be The Next SBI Chief?

Rediff.com14 May 2024

'The FSIB will conduct interviews for the SBI chairman position on May 21-22 as the tenure of the current chairman Dinesh Kumar Khara is scheduled to end by August.'

Indian man pleads guilty to attacking White House in a bid to 'seize power'

Indian man pleads guilty to attacking White House in a bid to 'seize power'

Rediff.com14 May 2024

According to the plea agreement, Sai Varshith Kandula (20), of St Louis, Missouri, crashed a rented truck into the White House perimeter, and he was attempting to gain access to the White House to seize political power.

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.

Why Manthan Is A Must Watch

Why Manthan Is A Must Watch

Rediff.com9 May 2024

Nearly half a century later, Shyam Benegal's Manthan will be showcased in restored print at this year's Cannes Film Festival. It still serves as a much-needed reminder of setting aside differences in the favour of combined progress and profit, notes Sukanya Verma.

Sonakshi's Stunning Look Test For Heeramandi

Sonakshi's Stunning Look Test For Heeramandi

Rediff.com9 May 2024

Just in case anybody's forgotten how gorgeous Sonakshi Sinha can look, the actor sends a timely reminder.

India's automobile retail sales surge 27% in April: FADA

India's automobile retail sales surge 27% in April: FADA

Rediff.com8 May 2024

Total vehicle retail sales in India rose 27 per cent year-on-year to 22,06,070 units in April as all segments, including passenger vehicles and two-wheelers, witnessed growth, industry body FADA said on Wednesday. The overall vehicle registrations stood at 17,40,649 units in April 2023. Passenger vehicle retail sales rose 16 per cent to 335,123 units last month as compared to 289,056 units in the same month last year.

'I'm Somebody You Don't Mess With'

'I'm Somebody You Don't Mess With'

Rediff.com8 May 2024

'You treat me like eye candy and I will leave you like you're a wrapper.'

UPI credit line: NPCI may go easy on interchange fee

UPI credit line: NPCI may go easy on interchange fee

Rediff.com8 May 2024

To increase the adoption of credit on United Payments Interface (UPI), National Payments Corporation of India (NPCI) is looking at an interchange fee for transactions lower than that for a credit-card transaction. Sources in the know said these charges could be 1-1.2 per cent. Fintech participants concur with the view that the interchange fee is expected to be lower than that for a credit-card transaction.

Getting future-ready: Govt may tweak IBC to factor in climate change

Getting future-ready: Govt may tweak IBC to factor in climate change

Rediff.com7 May 2024

The government is contemplating changes to the Insolvency and Bankruptcy Code (IBC) to deal with environmental claims and liabilities of defaulting companies to make the law future-ready and meet climate action goals, sources told Business Standard. Currently, the IBC has various categories of claims and creditors, including those related to environmental liabilities.

Sunita Williams Heads To Space

Sunita Williams Heads To Space

Rediff.com6 May 2024

At 8.04 am IST on Monday, May 7, 2024, Indian-origin astronaut Sunita Williams and Barry Wilmore will fly to space as the first crewed mission of Boeing's Starliner.

Indian-origin astronaut Sunita Williams set to fly into space again

Indian-origin astronaut Sunita Williams set to fly into space again

Rediff.com6 May 2024

The mission has been delayed for several years because of setbacks in the spacecraft's development.

Who Will Take Over The Godrej Empires?

Who Will Take Over The Godrej Empires?

Rediff.com6 May 2024

Pirojsha Godrej, 43, patriarch Adi Godrej's son, is set to take over as chairman of the Godrej Industries Group from 2026 whol Nyrika Holkar, Smita Godrej Crishna's 42-year-old daughter, has emerged as the face of the Godrej Enterprises Group.

Adani, Tata eye bigger pie in Mumbai power distribution

Adani, Tata eye bigger pie in Mumbai power distribution

Rediff.com6 May 2024

As Mumbai's real estate and electric vehicle penetration grows, two of the city's private power distribution companies, Adani Electricity and Tata Power, are eyeing a bigger business pie, particularly betting on high-value customers. Adani Electricity Mumbai (AEML), the subsidiary which houses Adani Energy Solutions' Mumbai distribution business, recorded a six per cent growth in total units sold in the financial year 2023-24 (FY24), the company's presentation shows. This gain came at over 13 per cent growth in the year-ago period.

Home Loans: To Top Up Or Not To Top Up?

Home Loans: To Top Up Or Not To Top Up?

Rediff.com6 May 2024

The home loan top-up, a kind of secured multipurpose personal loan, is on the regulator's radar, points out Tamal Bandyopadhyay.

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.

Kotak Mahindra Bank reports 25% rise in Q4 net profit

Kotak Mahindra Bank reports 25% rise in Q4 net profit

Rediff.com4 May 2024

Kotak Mahindra Bank on Saturday reported a 25 per cent growth in its March quarter net profit at Rs 5,302 crore, limited by a drop in the core income due to narrow interest margins. On a standalone basis, the city-headquartered lender's Q4 net profit grew 18 per cent to Rs 4,133 crore. The FY24 consolidated net profit grew 22 per cent to Rs 18,213 crore.

Bajaj Finance sinks 8% amid rising NIM pressure

Bajaj Finance sinks 8% amid rising NIM pressure

Rediff.com4 May 2024

Investors shunned shares of Bajaj Finance on Friday, a day after the non-banking financial company (NBFC) reported a sharp contraction in its net interest margin (NIM) for the March quarter of the financial year 2023-24 (Q4FY24). The losses accounted for a fifth of the benchmark S&P BSE Sensex's 609-point loss. Most brokerages have tamed their earnings expectations for the next couple of quarters, after the management said it expected the pressure on NIMs to continue in the near term.

Chhattisgarh liquor scam: ED attaches assets of accused worth Rs 205 cr

Chhattisgarh liquor scam: ED attaches assets of accused worth Rs 205 cr

Rediff.com3 May 2024

The attached properties include 14 assets of Tuteja worth Rs 15.82 crore, 115 properties of Anwar Dhebar, the elder brother of Raipur Mayor and Congress leader Aijaz Dhebar, worth Rs 116.16 crore, properties of Vikash Agarwal alias Subbu worth Rs 1.54 crore and 33 properties of Arvind Singh worth Rs 12.99 crore, it said in a statement.

Adani Enterprises Q4 net falls 37% bogged down by airport dues and mining losses

Adani Enterprises Q4 net falls 37% bogged down by airport dues and mining losses

Rediff.com2 May 2024

Adani Enterprises Ltd, the flagship incubator of billionaire Gautam Adani's conglomerate, on Thursday reported a 37 per cent drop in March quarter net profit, bogged down by one-time past airport dues and commercial mining losses. Its consolidated net profit of Rs 450.58 crore in January-March - the fourth quarter of fiscal year 2023-24 - compares to Rs 722.48 crore net profit in the same period last year and Rs 1,888.45 crore earning in the preceding quarter, according to a stock exchange filing by the company.

SC registry refuses to accept Centre's plea on 2G verdict

SC registry refuses to accept Centre's plea on 2G verdict

Rediff.com2 May 2024

The Supreme Court Registry is learnt to have refused to accept the Centre's plea seeking modification of its 2012 verdict in the 2G spectrum case which had said the State was duty bound to adopt the auction route while transferring or alienating the country's natural resources.

How The Heat Wave Will Affect Your Kitchen

How The Heat Wave Will Affect Your Kitchen

Rediff.com2 May 2024

Apart from the human body, human food will bear direct repercussions. From staples such as wheat, to coffee, dairy, and even the great Hilsa face the threat of reduced supply due to the extreme heat.

'I've lost out on parts because...'

'I've lost out on parts because...'

Rediff.com2 May 2024

'People had a perception that I may be angry as a person.' 'Or I'm older than I really am.' 'Or I can't speak in English because of the characters I've done at the beginning of my career.'

Hindu marriage can't be recognised in 'absence of a valid ceremony': SC

Hindu marriage can't be recognised in 'absence of a valid ceremony': SC

Rediff.com1 May 2024

'A marriage is not an event for 'song and dance' and 'wining and dining' or an occasion to demand and exchange dowry and gifts by undue pressure leading to possible initiation of criminal proceedings thereafter'

Kotak Mahindra Bank's joint MD KVS Manian steps down

Kotak Mahindra Bank's joint MD KVS Manian steps down

Rediff.com30 Apr 2024

Kotak Mahindra Bank on Tuesday announced that its joint managing director K V S Manian, a veteran at the private sector lender, has stepped down with immediate effect. Manian, who had been with the lender for nearly three decades, was elevated in a management rejig in January.

Navy rescues Panama ship with 22 Indians onboard after Houthi missile attack

Navy rescues Panama ship with 22 Indians onboard after Houthi missile attack

Rediff.com28 Apr 2024

Indian Navy's destroyer INS Kochi responded following the attack on the vessel, MV Andromeda Star, on April 26, officials said, adding all the crew members are safe.

'We will grow at about 20% over the next few years'

'We will grow at about 20% over the next few years'

Rediff.com27 Apr 2024

'Private General insurers are poised to grow at 17 per cent - 18 per cent over the next 5 to 7 years and we will grow faster.'

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