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India's biggest challenge is inclusive growth: Chandrasekaran

India's biggest challenge is inclusive growth: Chandrasekaran

Rediff.com18 Dec 2023

All the global transitions are working in India's favour, giving it the potential to become a force in today's uncertain world, but one of the country's biggest challenges is inclusive growth, Tata Sons chairman N Chandrasekaran said on Monday. In his address at the JRD Tata Oration, the head of the Tata group also asserted that Artificial Intelligence (AI) is here to stay and it will be beneficial if India prepares for it. Post the cold war era of relative stability and prosperity, the world appears to have given way to unpredictable conflicts and economic uncertainty, he said, adding that the pandemic resulted in supply chain shocks of gigantic proportion.

Champions League draw: Barca, City's last 16 opponents revealed

Champions League draw: Barca, City's last 16 opponents revealed

Rediff.com18 Dec 2023

The following is the draw for the Champions League last 16 which was held in Nyon on Monday:

HUL's growth checkout: Navigating the low-volume aisle in Q3 FY24

HUL's growth checkout: Navigating the low-volume aisle in Q3 FY24

Rediff.com18 Dec 2023

There is no near-term respite for the country's largest fast-moving consumer goods maker, Hindustan Unilever (HUL), which is facing multiple challenges on the growth front. With demand showing no signs of improvement, especially in the rural segment, the October-December quarter (Q3) of 2023-24 (FY24) is likely to be similar to the previous quarter, with volume growth in the low single digits. The stock, which is down 7 per cent over the past year compared to the 11 per cent jump for the S&P BSE Sensex, could underperform the benchmark in the near term as well.

PHOTOS: Man United hold Liverpool in drab affair at Anfield

PHOTOS: Man United hold Liverpool in drab affair at Anfield

Rediff.com18 Dec 2023

'The boys will be pleased not to lose but also definitely not happy we didn't win.'

3 'hybrid' terrorists behind attack on J-K cop arrested

3 'hybrid' terrorists behind attack on J-K cop arrested

Rediff.com17 Dec 2023

The DGP said the conspiracy was hatched by one Pakistan-based terrorist Arjumand alias Hamza Burhan who got in touch with a local mastermind Danish Ahmad Malla to carry out the attack.

Costly veggies push wholesale price inflation to 8-month high

Costly veggies push wholesale price inflation to 8-month high

Rediff.com14 Dec 2023

Wholesale price-based inflation rose to an eight-month high of 0.26 per cent in November, driven by a sharp jump in food prices, especially onion and vegetables. The WPI inflation was in the negative or deflationary zone for the past seven months since April and was at (-)0.52 per cent in October. The last positive WPI inflation was recorded in March at 1.41 per cent.

Major security breach in Lok Sabha, 2 intruders release smoke

Major security breach in Lok Sabha, 2 intruders release smoke

Rediff.com14 Dec 2023

In a major security breach on the anniversary of the deadly 2001 Parliament terror attack, two persons on Wednesday jumped into the Lok Sabha chamber from the visitors' gallery, shouted slogans and released yellow smoke from canisters that triggered panic and chaos in the House.

Opposition demands Shah's statement on Parliament security breach

Opposition demands Shah's statement on Parliament security breach

Rediff.com14 Dec 2023

Several opposition MPs on Wednesday demanded an explanation from Home Minister Amit Shah after two visitors jumped into the Lok Sabha chamber from the visitors' gallery and opened canisters that emitted coloured smoke, triggering panic among the members.

Investors cautious ahead of US Fed meet; Sensex ends up 34 points

Investors cautious ahead of US Fed meet; Sensex ends up 34 points

Rediff.com13 Dec 2023

Among the Sensex firms, NTPC, Power Grid, Mahindra & Mahindra, Larsen & Toubro, Sun Pharma, State Bank of India, Titan and Tata Steel were the major gainers. Tata Consultancy Services, Infosys, Axis Bank, Bajaj Finserv, UltraTech Cement and Bajaj Finance were the major laggards.

NSE indefinitely defers the internal limit for trading hour extension

NSE indefinitely defers the internal limit for trading hour extension

Rediff.com13 Dec 2023

The National Stock Exchange (NSE) of India is going to indefinitely defer the internal deadline set for extending trading hours, according to sources in the know. The exchange aimed to introduce a three-hour evening session exclusively for index derivatives by March 2024, contingent upon regulatory clearance from the Securities and Exchange Board of India (Sebi). Sources indicate that the market regulator has not provided a favourable indication, dimming optimism surrounding the proposal.

Champions League PIX: Real seal perfect group stage run

Champions League PIX: Real seal perfect group stage run

Rediff.com13 Dec 2023

Images from the UEFA Champions League group matches played on Tuesday night.

Industrial production growth rises to 16-month high of 11.7% in Oct

Industrial production growth rises to 16-month high of 11.7% in Oct

Rediff.com12 Dec 2023

India's industrial production growth accelerated to 16-month high of 11.7 per cent in October, mainly due to double-digit growth in manufacturing, power and mining sectors' output, according to the official data released on Tuesday. The factory output growth measured in terms of the Index of Industrial Production (IIP) had contracted by 4.1 per cent in October 2022. The previous high of IIP growth was recorded at 12.6 per cent in June 2022.

How HUL plans to serve the customers of tomorrow

How HUL plans to serve the customers of tomorrow

Rediff.com11 Dec 2023

Hindustan Unilever (HUL)'s decision to split its beauty and personal care division and place a renewed focus on digital has been driven by its aim to serve the consumer of tomorrow, say analysts and brand experts. HUL managing director and chief executive officer Rohit Jawa is looking to make the company 'future ready', and while these bets are not for the short-term, they will eventually pay off as the Indian consumer is young and digital friendly, they add. "Rohit Jawa comes with digital experience and he is preparing to steer HUL into serving the future consumer who is more digital friendly," said Sachin Bobade, vice-president at brokerage firm Dolat Capital.

BSP suspends MP Danish Ali for 'anti-party' activities

BSP suspends MP Danish Ali for 'anti-party' activities

Rediff.com9 Dec 2023

In a brief statement, the party's Uttar Pradesh unit said, Ali, MP from Amroha, has been suspended for anti-party activities.

Oppn decries Mahua's expulsion; BJP says 'apt move'

Oppn decries Mahua's expulsion; BJP says 'apt move'

Rediff.com9 Dec 2023

Trinamool Congress leader Mahua Moitra's expulsion from the Lok Sabha triggered a political slugfest on Friday, with the opposition calling it a 'betrayal of India's parliamentary democracy' and the Bharatiya Janata Party asserting that it was an 'apt decision' as there was proof of the allegations levelled against her.

Report on Moitra may be tabled in LS on Friday; BJP issues whip to MPs

Report on Moitra may be tabled in LS on Friday; BJP issues whip to MPs

Rediff.com7 Dec 2023

The report was earlier listed in the agenda of the lower house for December 4 but was not tabled.

BJP's Ramesh Bidhuri says sorry for remarks on Danish Ali in LS

BJP's Ramesh Bidhuri says sorry for remarks on Danish Ali in LS

Rediff.com7 Dec 2023

With Bidhuri expressing regret, sources said, the committee was likely to bring closure to the matter and send its report to the speaker.

Gulshan Kumar shocks fifth seed to enter quarters

Gulshan Kumar shocks fifth seed to enter quarters

Rediff.com7 Dec 2023

Karthikeya Gulshan Kumar produced a thrilling performance

Sensex falls 132 points ahead of RBI's monetary policy decision

Sensex falls 132 points ahead of RBI's monetary policy decision

Rediff.com7 Dec 2023

Major laggards among Sensex constituents included Bharti Airtel, Hindustan Unilever, Tata Steel and ITC. Power Grid, UltraTech Cement, NTPC and Titan emerged as winners.

In Rajasthan, 17 of 25 Gehlot ministers lose polls

In Rajasthan, 17 of 25 Gehlot ministers lose polls

Rediff.com4 Dec 2023

Seventeen of the 25 ministers in the Ashok Gehlot-led Congress government in Rajasthan, including Govind Ram Meghwal, who also led the party's campaign committee, lost in the assembly elections.

Rajasthan: 4 of 7 MPs BJP fielded win

Rajasthan: 4 of 7 MPs BJP fielded win

Rediff.com3 Dec 2023

Four of seven Bharatiya Janata Party MPs who fought the Rajasthan assembly elections won their respective seats while three others lost the polls.

'India should not wait for the clock to act'

'India should not wait for the clock to act'

Rediff.com2 Dec 2023

'Keeping the global temperature below not just 1.5 degree Celsius, even 2 degree Celsius is beyond our reach now. Both are impossible.'

BSE-listed firms' m-cap touch record high of Rs 337.67 lakh crore

BSE-listed firms' m-cap touch record high of Rs 337.67 lakh crore

Rediff.com1 Dec 2023

The combined market capitalisation of BSE-listed companies hit an all-time high of Rs 337.67 lakh crore ($4 trillion) on Friday amid a rally in equities, mainly on account of favourable macroeconomic data and continuous foreign fund inflows. Rising for the fourth straight day, the 30-share BSE Sensex jumped 492.75 points or 0.74 per cent to settle at 67,481.19 points. During the day, it rallied 575.89 points or 0.85 per cent to 67,564.33 points.

'What is predominant in India is disguised unemployment'

'What is predominant in India is disguised unemployment'

Rediff.com1 Dec 2023

'When you do some job for a few hours, you are hardly earning enough to survive.'

Bollywood's Night Out With Mamma Mia

Bollywood's Night Out With Mamma Mia

Rediff.com30 Nov 2023

Hitesh Harisinghani/Rediff.com captures the red carpet arrivals at Mamma Mia's opening night at the NMACC.

Man United's Champions League last 16 hopes in danger

Man United's Champions League last 16 hopes in danger

Rediff.com30 Nov 2023

Images from UEFA Champions League matches played on Wednesday.

Sensex ends up 204 points on fag-end buying

Sensex ends up 204 points on fag-end buying

Rediff.com28 Nov 2023

Benchmark equity indices Sensex and Nifty snapped two days of losses to close higher on Tuesday on the back of fag-end buying in auto, power and metal shares helped by fresh foreign fund inflows. The 30-share BSE Sensex rose by 204.16 points or 0.31 per cent to settle at 66,174.20 in a volatile trade. During the day, it hit a high of 66,256.20 and a low of 65,906.65.

NIA raids several states in Ghazwa-e-Hind case

NIA raids several states in Ghazwa-e-Hind case

Rediff.com26 Nov 2023

The raids were conducted at the premises of suspects in Dewas district of Madhya Pradesh, Gir Somnath district of Gujarat, Azamgarh district of Uttar Pradesh and Kozhikode district of Kerala, leading to the seizure of incriminating documents and digital devices, a spokesperson of the federal agency said.

BSE, NSE settle marginally lower in volatile trade

BSE, NSE settle marginally lower in volatile trade

Rediff.com24 Nov 2023

Among the Sensex firms, HCL Tech, Wipro, Tata Consultancy Services, Tech Mahindra, Nestle, Tata Motors, Infosys, Bharti Airtel, UltraTech Cement and Tata Steel were among the laggards. On the other hand, Axis Bank, HDFC Bank, ICICI Bank, JSW Steel, Mahindra & Mahindra and Kotak Mahindra Bank were the major gainers.

Petitioners seek open court hearing for same sex marriage review plea

Petitioners seek open court hearing for same sex marriage review plea

Rediff.com23 Nov 2023

A petition seeking a review of the October 17 verdict refusing to accord legal recognition to same-sex marriages was mentioned before the Supreme Court on Thursday for an open court hearing.

BSE, NSE settle flat in volatile trade

BSE, NSE settle flat in volatile trade

Rediff.com23 Nov 2023

Equity benchmark indices Sensex and Nifty ended almost flat in highly volatile trade on Thursday amid the lack of any immediate trigger. The 30-share BSE Sensex dipped 5.43 points or 0.01 per cent to settle at 66,017.81. During the day, it hit a high of 66,235.24 and a low of 65,980.50.

Will Gehlot's welfare schemes help Congress buck trend in Rajasthan?

Will Gehlot's welfare schemes help Congress buck trend in Rajasthan?

Rediff.com22 Nov 2023

With no apparent wave on the ground or pressing everyday issues, that's what it boils down for voters as Rajasthan readies for assembly polls this week.

Sensex up 276 points; banking, metal shares shine

Sensex up 276 points; banking, metal shares shine

Rediff.com21 Nov 2023

Among the Sensex firms, JSW Steel, Titan, Tata Steel, Sun Pharma, Reliance Industries, Bharti Airtel, Tata Motors and HDFC Bank were the biggest gainers. NTPC, Tech Mahindra, Maruti, State Bank of India and Larsen & Toubro were among the laggards.

Sensex ends in red amid sell-off in auto, commodity stocks

Sensex ends in red amid sell-off in auto, commodity stocks

Rediff.com20 Nov 2023

Among the Sensex firms, Bajaj Finance, Mahindra & Mahindra, UltraTech Cement, Bajaj Finserv, Asian Paints, Hindustan Unilever, Tata Motors and JSW Steel were the major laggards.

5 Lashkar terrorists among 6 ultras killed in 2 encounters in J-K

5 Lashkar terrorists among 6 ultras killed in 2 encounters in J-K

Rediff.com17 Nov 2023

Security forces had launched a cordon-and-search operation in Nehama village of Kulgam following information about the presence of terrorists in the area on Thursday, the officials said.

Sensex, Nifty decline on selloff in banking, financial stocks

Sensex, Nifty decline on selloff in banking, financial stocks

Rediff.com17 Nov 2023

Bajaj Finance, ICICI Bank, Bajaj Finserv, IndusInd Bank, Infosys, Kotak Mahindra Bank, Wipro, and Reliance Industries were among the other laggards. On the other hand, Larsen & Toubro, Hindustan Unilever, Power Grid, Asian Paints, Nestle and Mahindra & Mahindra were the major gainers.

From Lambretta to Aamby Valley Project: Rise and fall of Subrata Roy

From Lambretta to Aamby Valley Project: Rise and fall of Subrata Roy

Rediff.com16 Nov 2023

The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on November 14 aged 75, is the stuff of movies - of a spectacular rise and an equally spectacular fall. Born in Araria, Bihar, Roy was 30 when he set up Sahara in 1978. He started with a capital of about Rs 2,000, a peon, a clerk and his father's Lambretta scooter in Gorakhpur, eastern Uttar Pradesh, writes Tamal Bandyopadhyay in his 2014 book, Sahara: The Untold Story. Sahara was not his first venture.

'I have never done one wrong thing in my life'

'I have never done one wrong thing in my life'

Rediff.com16 Nov 2023

Excerpted from Sahara: The Untold Story by Tamal Bandyopadhyay.

Why HDFC Bank Is On A Hiring Spree

Why HDFC Bank Is On A Hiring Spree

Rediff.com15 Nov 2023

Between March 2022 and September 2023, HDFC Bank added 56,310 employees.

Sensex, Nifty fall amid caution ahead of inflation data

Sensex, Nifty fall amid caution ahead of inflation data

Rediff.com13 Nov 2023

Among the Sensex firms, Bajaj Finance, Infosys, Tech Mahindra, ICICI Bank, Nestle, Tata Consultancy Services, HDFC Bank and Reliance Industries were the major laggards. Mahindra & Mahindra, JSW Steel, NTPC, Power Grid and IndusInd Bank were among the gainers.

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