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UltraTech Cement to acquire 23% in India Cements

UltraTech Cement to acquire 23% in India Cements

Rediff.com27 Jun 2024

The country's leading cement maker UltraTech on Thursday said it will acquire a 23 per cent stake in its Chennai-based rival India Cements Ltd, in a deal estimated to be around Rs 1,885 crore. As part of the transaction, UltraTech Cement will acquire 7.06 crores equity shares of India Cements at a price of up to Rs 267 per share, according to a regulatory filing from the Aditya Birla Group flagship firm.

Unheralded Kiran secures Olympic slot in women's 400m

Unheralded Kiran secures Olympic slot in women's 400m

Rediff.com27 Jun 2024

She clocked a personal best time of 50.92 seconds on the opening day of the National Inter-State Championships, surpassing the automatic Olympics qualification mark of 50.95 seconds.

Euro '24: Battle lines drawn as 16 Teams vie for glory

Euro '24: Battle lines drawn as 16 Teams vie for glory

Rediff.com27 Jun 2024

Here is a quick guide to the eight games which get underway on Saturday.

'Rishabh Pant could open the batting in T20s, like Sachin in ODIs'

'Rishabh Pant could open the batting in T20s, like Sachin in ODIs'

Rediff.com27 Jun 2024

'I have a feeling that after a certain transition happens, you could see Rishabh Pant opening the batting for India in T20 cricket.'

Sri Lanka head coach Silverwood resigns after T20 WC debacle!

Sri Lanka head coach Silverwood resigns after T20 WC debacle!

Rediff.com27 Jun 2024

Sri Lanka head coach Chris Silverwood has resigned from his position in order to spend more time with his family.

South Africa's painful past in World Cups!

South Africa's painful past in World Cups!

Rediff.com27 Jun 2024

A look at South Africa's tormented past when they failed to get over the line at key junctures in World Cups.

'It was a people's election'

'It was a people's election'

Rediff.com27 Jun 2024

'There was a strong undercurrent of deprivation, and also frustration against misuse of power and authority.' 'This election was an opportunity for the manifestation of this discontentment.'

Heavy rain lashes Delhi, brings respite from heat

Heavy rain lashes Delhi, brings respite from heat

Rediff.com27 Jun 2024

The minimum temperature in Delhi was recorded at 28.6 degrees Celsius, according to the India Meteorological Department (IMD).

'We Are Frittering Away The Demographic Dividend'

'We Are Frittering Away The Demographic Dividend'

Rediff.com27 Jun 2024

'it's not just youth in India who are left behind because of their inability to find jobs; nearly two-thirds of Indian women of working ages do not participate at all in the paid labour force.'

'There Are Really Two Different Indias'

'There Are Really Two Different Indias'

Rediff.com27 Jun 2024

'Over the next 20 years, we would be adding almost 10 million people to the workforce every year!' 'And we won't be able to give employment to even 2 million out of the 10 million every year.' 'Don't forget, it keeps adding every year.'

How Well Has Akshay Remade South Movies?

How Well Has Akshay Remade South Movies?

Rediff.com27 Jun 2024

From the 'khiladi' brand of movies rocking his boat to a love for starring in biopics and scripts inspired by true stories to headlining endless remakes of South Indian hits, there's a pattern to the man and his methods.

India will come hard at us: England coach Mott

India will come hard at us: England coach Mott

Rediff.com27 Jun 2024

India's approach with the bat now is drastically different to what it was in the 2022 T20 World Cup semi-final and both teams will start Thursday's contest on an even keel, said England head coach Matthew Mott on Wednesday.

Rohit: 'Staying cool, calm' key to semi-final success

Rohit: 'Staying cool, calm' key to semi-final success

Rediff.com26 Jun 2024

Rohit Sharma expressed the team's determination to maintain composure and simplicity as they prepare for the high-stakes T20 World Cup semi-final against England

Jayawardene resigns after Sri Lanka's T20 WC debacle

Jayawardene resigns after Sri Lanka's T20 WC debacle

Rediff.com26 Jun 2024

Former skipper Mahela Jayawardene has stepped down from his position as consultant coach of Sri Lanka with immediate effect, the country's cricket board (SLC) said on Wednesday.

Bumrah-Arshdeep Hold Key against England

Bumrah-Arshdeep Hold Key against England

Rediff.com26 Jun 2024

Who do you think should be part of the Indian team for the T20 World Cup semi-final against England?

India seek revenge; England look to defend T20 crown

India seek revenge; England look to defend T20 crown

Rediff.com26 Jun 2024

Rain threatens high-voltage India-England semi-final clash

Entire system against him, this is dictatorship and Emergency: Sunita Kejriwal

Entire system against him, this is dictatorship and Emergency: Sunita Kejriwal

Rediff.com26 Jun 2024

In a post on X in Hindi, Sunita said her husband got bail on June 20 in the excise policy-linked money laundering case and the Enforcement Directorate immediately got a stay.

SC allows Kejriwal to file substantial appeal against HC order

SC allows Kejriwal to file substantial appeal against HC order

Rediff.com26 Jun 2024

The Enforcement Directorate on Wednesday told the Supreme Court that the trial court judge was in a "hurry" and did not afford a reasonable opportunity to the prosecutor to oppose Delhi Chief Minister Arvind Kejriwal's bail in a money laundering case linked to the alleged excise scam.

Alcaraz ready for Grand Slam defence at Wimbledon

Alcaraz ready for Grand Slam defence at Wimbledon

Rediff.com26 Jun 2024

Alcaraz's triumph on the Parisian red dirt was the third Grand Slam trophy of his young career and followed the Spanish world number three's breakthrough title at the 2022 U.S. Open and epic Wimbledon victory 12 months ago.

India favoured but England can upset: Collingwood

India favoured but England can upset: Collingwood

Rediff.com26 Jun 2024

The pitch in Guyana has favoured the bowlers in the past by slowing down as the game goes on.

Stree 2 Promises More Chills

Stree 2 Promises More Chills

Rediff.com26 Jun 2024

It looks like Stree 2 has been granted a bigger budget for VFX and sound, bringing with it a promise of more chills, observes Deepa Gahlot.

Spectrum auction ends with bids worth Rs 11,000 crore

Spectrum auction ends with bids worth Rs 11,000 crore

Rediff.com26 Jun 2024

Spectrum auction for mobile radiowaves services worth Rs 96,000 crore ended with bids worth about Rs 11,000 crore, according to sources. The government has put over 10,500 Mhz spectrum in eight frequency bands -- 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz and 26 GHz, valued at Rs 96,238 crore at base price, for auction.

'England Don't Fear India'

'England Don't Fear India'

Rediff.com26 Jun 2024

'England are going to beat India in Guyana and South Africa will be too good for Afghanistan so it will be a South Africa versus England final.'

Why Australia flopped in the T20 World Cup...

Why Australia flopped in the T20 World Cup...

Rediff.com26 Jun 2024

Australia were grossly under-prepared for the India challenge, while pacer Mitchell Starc virtually ran out of ideas when Rohit Sharma smashed him for 29 runs in an over in their Super Eights match in Gros Islet (Saint Lucia), says former-cricketer Brad Hogg.

Muted spectrum auction sees telcos placing bids worth Rs 11,000 cr

Muted spectrum auction sees telcos placing bids worth Rs 11,000 cr

Rediff.com26 Jun 2024

The auction of radio waves used for mobile services saw a muted opening on Tuesday, with five rounds attracting bids worth about Rs 11,000 crore from telecom companies. The government has put over 10,500 Mhz spectrum in eight frequency bands -- 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz and 26 GHz, valued at Rs 96,238 crore at base price, for auction.

Party men revolt against Sukhbir Badal, ask him to quit SAD top post

Party men revolt against Sukhbir Badal, ask him to quit SAD top post

Rediff.com25 Jun 2024

The rebel leaders met in Jalandhar when SAD chief Badal was holding a meeting with the district presidents and other leaders in Chandigarh to review the party's performance in the Lok Sabha polls.

T20 WC: Gaffaney, Tucker to officiate India vs England semis

T20 WC: Gaffaney, Tucker to officiate India vs England semis

Rediff.com25 Jun 2024

New Zealand's Chris Gaffaney and Rodney Tucker of Australia will be the on-field officials for the second semi-final of the T20 World Cup between India and England

HC grants bail to 17 PFI men in Kerala RSS leader murder case

HC grants bail to 17 PFI men in Kerala RSS leader murder case

Rediff.com25 Jun 2024

The high court's 111-page order came on the appeals moved by the 26 accused against the special court's orders denying them bail.

HC stays Kejriwal's bail, says trial court order reflects perversity

HC stays Kejriwal's bail, says trial court order reflects perversity

Rediff.com25 Jun 2024

In a blow to Delhi Chief Minister Arvind Kejriwal, the Delhi high court on Tuesday stayed the trial court order granting him bail in the money laundering case arising from the alleged excise scam, holding that the lower court did not "appropriately appreciate" the material placed before it by the Enforcement Directorate.

Avoid unnecessary bail delays, decide Jain's plea on July 9, SC tells HC

Avoid unnecessary bail delays, decide Jain's plea on July 9, SC tells HC

Rediff.com25 Jun 2024

A bench of Justices Manoj Misra and SVN Bhatti made the observation while disposing of Jain's plea against the high court's decision of adjourning the hearing of his bail application for six weeks.

MP woman 'given triple talaq' for voting to BJP; husband denies charge

MP woman 'given triple talaq' for voting to BJP; husband denies charge

Rediff.com25 Jun 2024

A 26-year-old woman in Madhya Pradesh's Chhindwara district has claimed her husband gave her 'triple talaq' after being angry with her for supporting the Bharatiya Janata Party, among other reasons, police said.

Auto, BFSI dominated Q4 earnings circuit

Auto, BFSI dominated Q4 earnings circuit

Rediff.com25 Jun 2024

Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.

IPOs: Record Rs 32,000 Crore Raised in 1st Half

IPOs: Record Rs 32,000 Crore Raised in 1st Half

Rediff.com25 Jun 2024

This year's tally is the second best ever after 2022 when 16 firms raised Rs 40,311 crore, led by LIC's biggest-ever IPO.

India's water crisis detrimental to credit health, warns Moody's

India's water crisis detrimental to credit health, warns Moody's

Rediff.com25 Jun 2024

Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sectors and is detrimental to the credit health of the sovereign as rising food inflation and decline in income may spark social unrest. It said decreases in water supply can disrupt agricultural production and industrial operations, resulting in inflation in food prices and hence can be detrimental to credit health of sectors that heavily consume water, such as coal power generators and steel-makers.

IT Freshers: Worst Hiring In 20 Years!

IT Freshers: Worst Hiring In 20 Years!

Rediff.com25 Jun 2024

'The top five IT giants are not hiring, but most of the freshers want to start their careers with the top five IT firms.' 'In today's scenario this is a challenge.'

Bharat Biotech finally names ICMR as co-owner in Covaxin patent filings

Bharat Biotech finally names ICMR as co-owner in Covaxin patent filings

Rediff.com25 Jun 2024

After reports claimed that filings in patent offices in India, the US, and Europe did not mention ICMR or its scientists, but only BBIL and its scientists, the Hyderabad-based biotechnology (biotech) company clarified that in the "rush" to develop vaccines and file appropriate patents, BBIL had missed adding ICMR's name in the original filings.

Will HC stay Kejriwal's bail? Order today

Will HC stay Kejriwal's bail? Order today

Rediff.com25 Jun 2024

The Delhi high court will pronounce on Tuesday its verdict on a plea by the Enforcement Directorate seeking a stay on the trial court order granting bail to Chief Minister Arvind Kejriwal in the money laundering case stemming from the alleged excise scam.

Centre notifies rules under anti-paper leak law

Centre notifies rules under anti-paper leak law

Rediff.com24 Jun 2024

The Centre on Monday made public the rules under the recently-notified anti-paper leak law, mandating the National Recruitment Agency (NRA) to prepare norms, standards and guidelines for the computer-based tests among others.

Related-party transactions: Rs 2.68 trn awaits shareholder nod this week

Related-party transactions: Rs 2.68 trn awaits shareholder nod this week

Rediff.com24 Jun 2024

Shareholders of industry giants Adani Enterprises, Reliance Industries, and Tata Motors - the latter two are part of the Sensex - will decide on combined related-party transactions of more than Rs 2.68 trillion proposed for this financial year and later. Related-party transactions for BSE 500 companies touched at least a six-year high of Rs 42.1 trillion in FY23, the Capitaline data shows. The Rs 42.1 trillion includes related-party transactions both at balance-sheet and profit-and-loss levels.

Unusual for HC to reserve order: SC on Kejriwal's bail

Unusual for HC to reserve order: SC on Kejriwal's bail

Rediff.com24 Jun 2024

The Supreme Court on Monday termed as 'unusual' the Delhi high court's decision of reserving the order while granting interim stay on the operation of the trial court's order granting bail to Delhi Chief Minister Arvind Kejriwal in a money laundering case linked to the alleged excise scam.

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