Search results for ' Singapore'

Foxconn junks $19.5 bn Vedanta chip plan

Foxconn junks $19.5 bn Vedanta chip plan

Rediff.com10 Jul 2023

Taiwanese electronic contract manufacturer Foxconn on Monday said it has decided to pull out of semiconductor joint venture with Indian conglomerate Vedanta, according to a statement. Foxconn said it is "working to remove the Foxconn name from what now is a fully-owned entity of Vedanta". "Foxconn has no connection to the entity and efforts to keep its original name will cause confusion for future stakeholders," Hon Hai Technology group (Foxconn) said.

All You Wanted to Know About Gift Nifty Index

All You Wanted to Know About Gift Nifty Index

Rediff.com30 Jun 2023

Gift Nifty will provide Indian investors cues on how domestic markets could react to global events.

Why Veerappan's Story Needed To Be Told

Why Veerappan's Story Needed To Be Told

Rediff.com24 Aug 2023

'He killed so many people, doing the kind of horrible things he did, and yet, he believed he was making the right choices.'

World lauds ISRO for Chandrayaan-3's success

World lauds ISRO for Chandrayaan-3's success

Rediff.com23 Aug 2023

India scripted history as the ambitious third Moon mission of the Indian Space Research Organisation (ISRO) touched down on the Moon's south pole, propelling the country to an exclusive club of four and making it the first nation to land on the uncharted surface.

Drop our names, 33 academicians tells NCERT amid row

Drop our names, 33 academicians tells NCERT amid row

Rediff.com15 Jun 2023

The signatories to a letter sent to NCERT Director Dinesh Saklani include Kanti Prasad Bajpai, a former Jawaharlal Nehru University professor who currently serves as the vice dean at the National University, Singapore, Pratap Bhanu Mehta, a former vice-chancellor of the Ashoka University, Rajeev Bhargava, a former director of CSDS, Niraja Gopal Jayal, a former JNU professor, Nivedita Menon, a JNU professor, Vipul Mudgal, the head of civil society watchdog Common Cause, K C Suri, a former professor at the University of Hyderabad who is now associated with the Gitam University, and Peter Ronald deSouza, a former director of the Indian Institute of Advanced Studies.

Asian Athletics Meet: India finish 3rd with 27 medals

Asian Athletics Meet: India finish 3rd with 27 medals

Rediff.com16 Jul 2023

Unheralded Abha Khatua equalled the women's shot put national record of 18.06m while winning silver in a surprise performance.

Gopal Kanda acquitted in air hostess suicide case

Gopal Kanda acquitted in air hostess suicide case

Rediff.com25 Jul 2023

Sharma, who was earlier employed with Kanda's MLDR airlines, was found dead on August 5, 2012 at her Ashok Vihar residence in North West Delhi.

India tops airfare spike in APAC, West Asia

India tops airfare spike in APAC, West Asia

Rediff.com13 Jun 2023

India witnessed the highest increase in airfares among the 10 top aviation markets in the Asia-Pacific and West Asia collectively across both domestic and international flights Q4 2019 and Q4 2022 in nominal terms, according to research by Hong Kong-based Airports Council International (ACI). India, where fares went up by 41 per cent, was followed by the UAE (34 per cent), Singapore (30 (per cent) and Australia (23 per cent). The study, which was undertaken in collaboration with Flare Aviation Consulting, examined around 36,000 routes in the top 10 aviation markets in Asia-Pacific and West Asia.

50 evacuated from oil rig off Gujarat coast in dramatic rescue

50 evacuated from oil rig off Gujarat coast in dramatic rescue

Rediff.com13 Jun 2023

Wind speed at the time is expected to be in the range of 125-135 kmph gusting up to 150 kmph.

Ambani among those setting up family business offices in Singapore

Ambani among those setting up family business offices in Singapore

Rediff.com7 Feb 2023

Ambani is in good company. The likes of ultra-rich individuals like hedge fund billionaire Ray Dalio and co-founder of Google Sergey Brin have chosen Singapore to establish their family offices. So have British inventor James Dyson, famous for his bladeless fans and hair dryers and vacuum cleaners, and Zhang Yong, founder of China's Haidilao hotpot restaurant chain, reports Lee Kah Whye.

India, A Miracle And A Wonder

India, A Miracle And A Wonder

Rediff.com16 Aug 2023

'There are many things we need to work on.' 'At the heart of it is, one, the extent of inequality, which is not good for democracy and nation; two, a structural decline on how a country ought to function, how people should be held accountable, whose role is what.'

Several Pak agencies using Israel's intrusive cyber tech since 2012: Report

Several Pak agencies using Israel's intrusive cyber tech since 2012: Report

Rediff.com3 Aug 2023

Unlike Israeli company NSO, whose sale of Pegasus cyber tech grabbed worldwide attention, and other manufacturers of offensive-cyber products, Cellebrite operates in a grey area between security exports and civilian ones.

Indonesia Open: Srikanth overpowers Lakshya; Sindhu exits

Indonesia Open: Srikanth overpowers Lakshya; Sindhu exits

Rediff.com15 Jun 2023

The win ensured Srikanth's dominance over his younger countrymate as he took his head-to-head record to 3-0 over Lakshya.

Vistara to add 10 planes, 1,000 people this fiscal

Vistara to add 10 planes, 1,000 people this fiscal

Rediff.com8 Jun 2023

Full service carrier Vistara expects to add a total of 10 planes as well as hire more than 1,000 people in the current financial year and has shelved plans to fly to the US, according to a top executive. Currently, Vistara, which is set to be merged with Air India, has a fleet of 61 aircraft and a staff strength of over 5,200. During an interaction in Istanbul this week, Vistara CEO Vinod Kannan said there has been a ready pool of talent, especially pilots and cabin crew members, with the collapse of Go First.

Lalu's kidney transplant in Singapore successful: Tejashwi

Lalu's kidney transplant in Singapore successful: Tejashwi

Rediff.com5 Dec 2022

Yadav, who has been by his ailing father's side for the past few days, expressed delight that both Prasad and Rohini Acharya, his elder sister who has donated one of her kidneys to the 74-year-old, were fine after the surgery.

Centre gives nod to Delhi minister Atishi for UK visit

Centre gives nod to Delhi minister Atishi for UK visit

Rediff.com7 Jun 2023

The counsel for the Centre said the proposal has been sent to the economic affairs department for further approvals, which would also be processed and the petitioner can apply for requisite visa permits.

Bernstein pegs RIL's stake in retail arm at $111 billion

Bernstein pegs RIL's stake in retail arm at $111 billion

Rediff.com26 May 2023

Global investment management firm Bernstein has pegged the enterprise valuation of Reliance Industries (RIL)'s 85 per cent stake in Reliance Retail at $111 billion, while valuing the Mukesh Ambani-led company's 66.5 per cent stake in telecom and digital platform arm Reliance Jio at $88 billion. Reliance Industries had earlier planned to list both its subsidiaries to unlock value for its shareholders but hadn't fixed any timeline. The report said that Reliance Retail had raised $6 billion by diluting a 10.1 per cent stake, while Jio Platforms raised $20 billion from investors by selling 33 per cent in 2020.

Income tax conducts searches at premises linked to TN minister Balaji

Income tax conducts searches at premises linked to TN minister Balaji

Rediff.com26 May 2023

Income tax authorities on Friday launched coordinated searches across different locations in Tamil Nadu linked to state Electricity Minister V Senthil Balaji, police sources said.

Airline industry to post $9.8 bn net profit this year: IATA

Airline industry to post $9.8 bn net profit this year: IATA

Rediff.com5 Jun 2023

Fuelled by rising passenger traffic and reviving local economies, the global airline industry is projected to record a net profit of $9.8 billion this year, IATA Director General Willie Walsh said on Monday and also made a strong pitch for having global standards for a Sustainable Aviation Fuel (SAF) book and claim system to help reduce carbon emissions. While addressing the Annual General Meeting of the International Air Transport Association (IATA) here, Walsh also flagged concerns about supply chain issues that are raising costs as well as limiting the ability of airlines to deploy aircraft. He also pointed out that decarbonising aviation is a serious issue and governments must not be allowed to use it to shore up exchequer finances.

Nirma, 3 private equity firms in race to buy Glenmark Life Sciences

Nirma, 3 private equity firms in race to buy Glenmark Life Sciences

Rediff.com25 May 2023

Ahmedabad-based Nirma group and leading private equity firms have joined the race to acquire BSE-listed Glenmark Life Sciences. The acquisition by chemicals-to-cement major Nirma, if successful, would be a major boost for the health-care segment of the group, on the lines of its successful entry into the cement sector following its purchase of Lafarge India's assets for about Rs 9,400 crore in July 2016. It later followed up by buying Emami cement assets for Rs 5,500 crore in February 2020.

Sen stuns World No 4 Yew; Sindhu advances

Sen stuns World No 4 Yew; Sindhu advances

Rediff.com25 May 2023

Lakshya Sen upset World No 4 Loh Kean Yew of Singapore in the round of 32 match at the Malaysia Masters.

TT Worlds: Manika advances to Round 3

TT Worlds: Manika advances to Round 3

Rediff.com23 May 2023

While Sharath lost on Monday, Sathiyan could not do much against the mighty world number nine Dang Qiu of Germany, losing 6-11, 6-11, 5-11, 7-11 on Tuesday.

NEET 2023: Two students from Andhra, TN share top rank

NEET 2023: Two students from Andhra, TN share top rank

Rediff.com14 Jun 2023

A total of 11.45 lakh candidates out of 20.38 lakh have qualified the examination, up by 48 per cent from last year.

How India Plans To Become A Semiconductor Giant

How India Plans To Become A Semiconductor Giant

Rediff.com22 Jun 2023

Micron plans an assembly testing, marking and packaging project of $1 billion, and talks are on to set up a memory chip plant for captive requirements.

Modi invites G20 to witness 'festival of democracy' in 2024 polls

Modi invites G20 to witness 'festival of democracy' in 2024 polls

Rediff.com21 Jun 2023

Modi said India's next general elections will be held in 2024 and he invited G20 delegates to visit the country to witness the "festival of democracy" in the "mother of democracy".

Shein is ready to make its second entry into India with Reliance Retail

Shein is ready to make its second entry into India with Reliance Retail

Rediff.com19 May 2023

Chinese fashion e-commerce platform Shein is expected to make a second entry into India and has tied up with Reliance Retail for this, according to a source in the know. The source said as part of the tie-up, Shein would source goods from India for its global operations. Also, the manufacturing of its products could happen in the country and they could be exported.

Why FDI inflow into India contracted during 2022-23

Why FDI inflow into India contracted during 2022-23

Rediff.com30 May 2023

Hardening interest rates globally and worsening geo-political situation have impacted the foreign direct investment (FDI) inflows into India in 2022-23, a top government official said on Tuesday. Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said that the department would analyse the reasons for the contraction in FDI in five important sectors like computer hardware and software; construction, education, automobiles and metallurgical industries. "I cannot think of any other reason. It is not as if our FDI policies have become protectionist. "On the contrary, we have kept it very very liberal ... The decline is combination of hardening of interest rates along with geo-political risks going up around the world. In general the appetite may be less," Singh told PTI in an interview.

The Credila Success Story

The Credila Success Story

Rediff.com10 Jul 2023

Education finance is a complex and dynamic sector. There are too many variables -- the course, the calibre of students, the universities, and the job prospects once the course is over, notes Tamal Bandyopadhyay.

Exports fall by 12.7% in April; trade deficit at 20-month low

Exports fall by 12.7% in April; trade deficit at 20-month low

Rediff.com15 May 2023

The decline in exports is mainly on account of poor demand in India's key destinations -- the Europe and the US -- and it may take some more months for the situation to improve. The demand scenario is "not looking very good as far as Europe is concerned, and the US also we have seen a decline in demand. "For the next 2-3 months, I think the demand scenario does not look very optimistic," DGFT (Director General of Foreign Trade) Santosh Kumar Sarangi told reporters.

Exports saw sharp fall on decline in US and UAE share

Exports saw sharp fall on decline in US and UAE share

Rediff.com24 May 2023

Exports to India's key markets - the US, the United Arab Emirates, China, Singapore, Bangladesh and Germany - witnessed a sharp decline, resulting in a 12.69 per cent contraction in outbound shipments during the first month of the current financial year, commerce department data showed. India's biggest export market - the US - with 17 per cent share witnessed 17.16 per cent contraction at $5.9 billion in April. This was followed by the United Arab Emirates (UAE) that saw 22.09 per cent decline at $2.23 billion exports.

Karnataka parties strategise to ring-fence MLAs, lure independents

Karnataka parties strategise to ring-fence MLAs, lure independents

Rediff.com12 May 2023

A day before counting of votes polled in the Karnataka assembly elections, both the ruling Bharatiya Janata Party and the Congress on Friday went into a huddle and held strategy sessions on ways to keep their flock together.

Indian-origin climber missing while returning from Everest summit

Indian-origin climber missing while returning from Everest summit

Rediff.com21 May 2023

Shrinivas Sainis Dattatraya, 39, went missing on Friday from camp IV situated at an altitude of 8,400 metres while returning from the Summit, said Mingma Sherpa, chairperson of the Seven Summit Trek, which organised the expedition.

Indians' funds in Swiss banks down 11% to Rs 30k cr on lower deposits

Indians' funds in Swiss banks down 11% to Rs 30k cr on lower deposits

Rediff.com22 Jun 2023

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, declined by 11 per cent in 2022 to 3.42 billion Swiss francs (nearly Rs 30,000 crore), annual data from Switzerland's central bank showed on Thursday.

Adani group to prepay $130 million debt to boost investor confidence

Adani group to prepay $130 million debt to boost investor confidence

Rediff.com9 May 2023

Billionaire Gautam Adani's group on Tuesday said it will prepay $130 million of debt as it looks to boost investor confidence post being targeted by a US short-seller. Adani Ports and Special Economic Zone, the ports company of the Adani Group, had last month floated a tender to buy back as much as $130 million of its July 2024 bonds and similar amounts in each of the next four as it looked to regain investor confidence by showing that its liquidity position is comfortable. In a stock exchange filing, APSEZ said an aggregae principal amount of $412.7 million was validly tendered.

India asks for $55-million funding in first call with Pandemic Fund

India asks for $55-million funding in first call with Pandemic Fund

Rediff.com30 May 2023

In a significant development, India is believed to have placed a funding request of around $55 million in its first call with the Pandemic Fund of the World Bank, sources said. The fund has been set up to finance critical investments in a bid to strengthen pandemic prevention, preparedness, and response capacities at national, regional, and global levels, with a focus on low- and middle-income countries. It was created in the aftermath of the Covid-19 global pandemic.

How a Kanpur-born Indian-origin CEO is a chip off the old block

How a Kanpur-born Indian-origin CEO is a chip off the old block

Rediff.com3 May 2023

In the technology (tech) world, especially storage, Sanjay Mehrotra is a well-known name. Co-founder of SanDisk, a flash memory storage company in 1988, it was eventually acquired by Western Digital in 2016 for a whopping $19 billion. For a boy from Kanpur, who went on to pursue higher studies in the US, becoming the chief executive officer of Micron Technology, Inc - one of America's largest memory chip makers - and now setting up the company's first plant in India, it has been quite a ride.

India are World No 1 Test team!

India are World No 1 Test team!

Rediff.com2 May 2023

India have overtaken Australia to regain the top position in the MRF Tyres ICC Test Team Rankings following the annual update that drops results from the 2019-20 season.

Govt set to approve Micron Technology's $1-billion semiconductor plant

Govt set to approve Micron Technology's $1-billion semiconductor plant

Rediff.com2 May 2023

The government is close to approving a proposal by Micron Technology to set up an assembly, testing, marking and packaging (ATMP) facility in the country involving an investment of about $1 billion. The world's fifth largest semiconductor company, based in Idaho, USA, will use the facility to process some of its own wafers, manufactured across the globe.

Tim David - the next Kieron Pollard of Mumbai Indians?

Tim David - the next Kieron Pollard of Mumbai Indians?

Rediff.com1 May 2023

MI skipper Rohit Sharma sounded hopeful that Tim David could fit into the power-hitter's role, but maintained that Kieron Pollard's shoes weren't easy to fill.

Taarak Mehta Actor Accuses Producer Of Sexual Harassment

Taarak Mehta Actor Accuses Producer Of Sexual Harassment

Rediff.com12 May 2023

A former member of the Taarak Mehta Ka Ooltah Chashmah cast has accused Producer Asit Kumarr Modi and two others of sexual harassment, a charge they denied, claiming she was let go from the show due to misbehaviour.