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Three CEOs to lead Reliance-Disney media behemoth

Three CEOs to lead Reliance-Disney media behemoth

Rediff.com6 days ago

Reliance Industries Limited (RIL), Viacom18 Media (Viacom18), and The Walt Disney Company announced on Thursday that they have completed the merger of Viacom18's media and JioCinema businesses into Star India (SIPL), creating a mega joint venture valued at Rs 70,352 crore. The new entity will be guided by three chief executive officers (CEOs), "who will lead the company into a new era of ambition and disruption", according to a joint statement. Kevin Vaz will lead the entertainment division across all platforms, Kiran Mani will head the combined digital division, and Sanjog Gupta will oversee the sports operations.

'America Is In For A Period Of Extended Domestic Turmoil'

'America Is In For A Period Of Extended Domestic Turmoil'

Rediff.com6 days ago

'Trump's disregard for norms and institutions could prove very costly for America's social fabric.'

O2C drag clogs RIL's flow

O2C drag clogs RIL's flow

Rediff.com23 Oct 2024

Reliance Industries' (RIL's) oil-to-chemicals (O2C) business is likely to remain under pressure for the remaining of the current financial year, according to analysts and company executives. "Management guides for softness for the next couple of quarters in both retail and O2C businesses," analysts at BOB Capital Markets noted in an after-results report on RIL. For the July-September quarter (Q2) of 2024-25 (FY25), RIL's O2C business reported a 5.1 per cent year-on-year increase in revenue to Rs 1.55 trillion.

'Cancelling Adani Project Not Good Sign'

'Cancelling Adani Project Not Good Sign'

Rediff.com30 Sep 2024

'If there is a push towards a Marxist oriented government it will be dangerous.' 'We have seen this in Nepal and Myanmar and it will be a concern for India if it is surrounded by countries with such political dispensations.'

Foreign Brands Are Eyeing India Again

Foreign Brands Are Eyeing India Again

Rediff.com28 Sep 2024

Whether it's Carrefour, Ford, or other foreign majors, they are ready to adjust their strategies and design their plans in a way that would address the Indian consumption story.

'BJP Is Losing Ground Rapidly In J&K'

'BJP Is Losing Ground Rapidly In J&K'

Rediff.com13 Sep 2024

'Everyone is unhappy with the lieutenant governor's administration, which is ignorant, high-handed, and inaccessible.'

Indian Biz Sees Hope After Bangladesh SC Order

Indian Biz Sees Hope After Bangladesh SC Order

Rediff.com22 Jul 2024

'Bilateral trade has suffered seriously because of the growing unrest.' 'There is a standstill on both sides amid the curfew.'

'US Will Never Let Pakistan Down'

'US Will Never Let Pakistan Down'

Rediff.com22 Jul 2024

'Pakistan is a nuclear country.' 'With the kind of situation that is there in Pakistan today, America will help Pakistan stay afloat.'

Why Adani Solar Sought Visas For Chinese

Why Adani Solar Sought Visas For Chinese

Rediff.com8 Jul 2024

In seeking visa approvals for engineers from China, the company has reasoned that India lacks the expertise to set up such a solar facility.

Gen Upendra Dwivedi takes charge as 30th Army chief

Gen Upendra Dwivedi takes charge as 30th Army chief

Rediff.com30 Jun 2024

Gen Dwivedi, who has vast operational experience along the frontiers with China and Pakistan, was serving as the Vice Chief of the Army.

Govt follows seniority, appoints Lt Gen Dwivedi as Army chief

Govt follows seniority, appoints Lt Gen Dwivedi as Army chief

Rediff.com12 Jun 2024

In appointing Lt Gen Dwivedi, the government followed the seniority principle.

India eyes multiple mineral pacts with about a dozen countries in Africa

India eyes multiple mineral pacts with about a dozen countries in Africa

Rediff.com8 Jun 2024

India is planning to soon sign new and updated mineral pacts with about a dozen countries in Africa. The Ministry of Mines is in discussions with Cte d'Ivoire, Democratic Republic of the Congo (DRC), Madagascar, Malawi, Mali, Morocco, Mozambique, South Africa, Tanzania, Zambia and Zimbabwe, Business Standard has learnt. Negotiations are ongoing with around a dozen countries, and more will be added to the list soon.

Will TDP, JD-U Toe BJP Line On Hindutva?

Will TDP, JD-U Toe BJP Line On Hindutva?

Rediff.com5 Jun 2024

The TDP and JD-U will have a lot to answer inside Parliament, day after day, session after session, notes N Sathiya Moorthy.

'Nuclear Has To Get Into Achche Din'

'Nuclear Has To Get Into Achche Din'

Rediff.com20 May 2024

'Chinese are going bang, bang, bang building 30-35 reactors.' 'We should announce a programme of 50 new reactors and show that we mean business on the ground and not just announcements.'

'US Can't Take Indians As Guinea Pigs'

'US Can't Take Indians As Guinea Pigs'

Rediff.com20 May 2024

'Why should we disclose classified information to satisfy those who doubt our Hydrogen Bomb capability?'

BJP Invites World Parties To Witness Festival Of Democracy

BJP Invites World Parties To Witness Festival Of Democracy

Rediff.com15 Apr 2024

In the first such initiative, the Bharatiya Janata Party has invited the ruling and Opposition parties from around the world to witness the Lok Sabha elections in India first-hand.

Top general calls PLA combat capabilities 'fake'

Top general calls PLA combat capabilities 'fake'

Rediff.com9 Mar 2024

In a surprise development, a top Chinese military general has cast aspersions on the People's Liberation Army (PLA)'s much-publicised 'real combat-oriented exercises' as 'fake combat capabilities' at a time when Chinese President Xi Jinping has ordered it to prepare for 'maritime military struggles' to win wars.

Will BJP commit to 3% of GDP for defence spending?

Will BJP commit to 3% of GDP for defence spending?

Rediff.com12 Mar 2024

Neither the BJP, nor the Congress before it, made any manifesto commitments on defence spending, even though allocations have plummeted from 4 per cent of gross domestic product (GDP) in the late 1980s to less than 2 per cent today, points out Ajai Shukla.

'China will be given a bloody nose'

'China will be given a bloody nose'

Rediff.com23 Feb 2024

'They will continue to keep pricking at places where both of us are sensitive and keep the LAC alive.'

'J&K is an indicator of India's political future'

'J&K is an indicator of India's political future'

Rediff.com13 Dec 2023

'When the Executive can do whatever they want, why bother having an election?'

'After Asian Games show, it's time for India to bid for Olympics'

'After Asian Games show, it's time for India to bid for Olympics'

Rediff.com8 Oct 2023

Buoyed by the record medal haul at the Hangzhou Asian Games, Indian Olympic Association (IOA) president PT Usha on Sunday supported the government's plan to place a proposal to host the 2036 Olympics.

Vivek Ramaswamy wants to end H-1B visa system he used 29 times

Vivek Ramaswamy wants to end H-1B visa system he used 29 times

Rediff.com17 Sep 2023

Ramaswamy's stance on H-1B visas is reminiscent of the 2016 Trump campaign, when then-candidate Donald Trump, who has also hired a number of foreign workers under H-1B visas for his businesses, took a hardline stance on these foreign workers before later softening his rhetoric.

Opposition decries PM's I-Day address as 'crass election speech'

Opposition decries PM's I-Day address as 'crass election speech'

Rediff.com15 Aug 2023

'To summarise, PM Modi's failures in the last nine years can be categorised under 'durniti' (bad policies), 'anyay' (injustice) and - perhaps most importantly - 'badniyat' (ill intention)'

US Senate panel raps China, backs India on Arunachal Pradesh

US Senate panel raps China, backs India on Arunachal Pradesh

Rediff.com14 Jul 2023

Less than a month after the historic visit of Prime Minister Narendra Modi to the US, a Congressional senatorial Committee has passed a resolution recognising Arunachal Pradesh as an integral part of India.

Nuclear Or Conventional Submarines: What Should India Pick?

Nuclear Or Conventional Submarines: What Should India Pick?

Rediff.com13 Jun 2023

The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).

Ajay Banga becomes first Indian-American to head World Bank

Ajay Banga becomes first Indian-American to head World Bank

Rediff.com3 May 2023

Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."

Has Apple's Roller-Coaster Ride In India Ended?

Has Apple's Roller-Coaster Ride In India Ended?

Rediff.com21 Apr 2023

The new mantra was to align Apple's ambition with the government's, focusing on Modi's favourite themes of Make in India, employment generation and India as a high-tech export hub.

Richard Gere Calls for Action For Tibet

Richard Gere Calls for Action For Tibet

Rediff.com29 Mar 2023

Gere accused China of 'cruelty, collective violence and persecution' of the Tibetan people, whom he said were repressed by a 'pervasive surveillance system.'

Onboard INS Vikrant, Rajnath talks of Chinese threat

Onboard INS Vikrant, Rajnath talks of Chinese threat

Rediff.com6 Mar 2023

In a projection of India's growing maritime prowess, Defence Minister Rajnath Singh on Monday addressed the top naval commanders onboard the country's first indigenous aircraft carrier INS Vikrant in the Arabian Sea and witnessed a mega wargame, amid China's increasing military posturing in the Indian Ocean region.

Biden nominates ex-Mastercard CEO Ajay Banga to head World Bank

Biden nominates ex-Mastercard CEO Ajay Banga to head World Bank

Rediff.com23 Feb 2023

At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.

Arunachal integral part of India: US resolution snubs China

Arunachal integral part of India: US resolution snubs China

Rediff.com17 Feb 2023

The resolution condemns additional Chinese provocations, including China's use of military force to change the status quo along the Line of Actual Control, construction of villages in contested areas, publication of maps with Mandarin-language names for cities and features in the Indian state of Arunachal Pradesh, and expansion of Beijing's territorial claims in Bhutan.

'Adani Group is a man-made disaster in the making'

'Adani Group is a man-made disaster in the making'

Rediff.com27 Jan 2023

In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.

'Much Bigger Disaster Looming Ahead In Joshimath'

'Much Bigger Disaster Looming Ahead In Joshimath'

Rediff.com17 Jan 2023

'There were literally thousands of houses with cracks.' '40 percent of the town has been affected.'

China logs nearly 60,000 Covid deaths in last 30 days

China logs nearly 60,000 Covid deaths in last 30 days

Rediff.com14 Jan 2023

The average age of those who died was 80.3, and 90 per cent of the fatalities were aged 65 or over, the Hong Kong-based South China Morning Post reported.

'PVR-INOX Merger In Final Stages'

'PVR-INOX Merger In Final Stages'

Rediff.com14 Jan 2023

'We would love to have more players entering the market because that is how the business will grow.'

Vikrant: A Giant Leap For Indian Navy

Vikrant: A Giant Leap For Indian Navy

Rediff.com2 Sep 2022

The Indian Navy has a big role to play in support of our strategic objectives in the Indian Ocean. The increasing Chinese presence in the Indian Ocean is a matter of concern and need to be factored. Hence, the requirement of an Aircraft Carrier is a foregone conclusion, asserts Commodore Venugopal Menon (retd).

Whither The Middle Class?

Whither The Middle Class?

Rediff.com12 Jul 2022

Ajit Balakrishnan on how to arrest a worldwide decline.

'We should pay more attention to China'

'We should pay more attention to China'

Rediff.com18 May 2022

'Our competitiveness with China is very important.' 'If the exchange rate depreciates, it is good for us because it helps in our competitiveness.'

Sri Lanka: 'Political stability must be restored'

Sri Lanka: 'Political stability must be restored'

Rediff.com7 May 2022

'For the common man, the economic conditions are not going to get better.'

India's Shanghai consulate shuts in-person services as Covid cases worsen

India's Shanghai consulate shuts in-person services as Covid cases worsen

Rediff.com13 Apr 2022

Indian citizens in Eastern China Region may apply at the Embassy of India, Beijing for availing urgent consular services, the Consulate said in a notice issued on Tuesday.

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