News for 'world--rsquo'

Generic industry unlikely to be affected by Trump's EO: Indian drug cos

Generic industry unlikely to be affected by Trump's EO: Indian drug cos

Rediff.com14 May 2025

A fresh US executive order (EO) which seeks to bring down prices of prescription drugs in the country by up to 90 per cent -- on par with other developed nations -- will affect innovator companies, while sparing the Indian generic drug makers in the short term. US President Donald Trump signed the EO on Monday, directing the US Trade Representative and the Secretary of Commerce to act against foreign countries that "purposefully and unfairly undercut market prices", driving price hikes in the US.

Jadeja's reign under threat? Bangladesh star closes in

Jadeja's reign under threat? Bangladesh star closes in

Rediff.com7 May 2025

Ravindra Jadeja continues to reign supreme at the top of the ICC Men's Test Player Rankings for all-rounders, but his lead has narrowed following a stellar performance from Bangladesh's Mehidy Hasan Miraz.

Kohli's England Saga: The Fall, The Rise and His Legacy

Kohli's England Saga: The Fall, The Rise and His Legacy

Rediff.com12 May 2025

England tested him like no other place - from exposing his raw edges in 2014 to witnessing his peak in 2018, and finally revealing his human side in 2021.

India's 10 Tallest Statues

India's 10 Tallest Statues

Rediff.com23 Feb 2025

India is known for some of the world's tallest statues, many built in recent years. They represent India's close emotional ties with religion and history and are landmarks to our cultural pride.

Expect India to strike first trade pact: US Treasury Secy Scott Bessent

Expect India to strike first trade pact: US Treasury Secy Scott Bessent

Rediff.com25 Apr 2025

As in-person negotiations between India and the US kickstarted on Wednesday, Treasury Secretary Scott Bessent said he expected India to strike the first bilateral trade deal to avert President Donald Trump's reciprocal tariffs.

Who Is Kajol Cheering For?

Who Is Kajol Cheering For?

Rediff.com29 Apr 2025

'I was just seeing myself here (pointing at the poster) and was like 'damn, I made it!'' Rediff's Mayur Sanap, Hitesh Harisinghani and Afsar Dayatar report from the teaser launch of Tanvi The Great.

R Ashwin 'theru': Chennai street to be named after spinner

R Ashwin 'theru': Chennai street to be named after spinner

Rediff.com21 Mar 2025

The GCC had sought and received government approval to pass a resolution for the renaming of the street.

Citi is keen to allocate more global roles to India

Citi is keen to allocate more global roles to India

Rediff.com20 Mar 2025

US-based Citigroup is likely to allocate more global roles to India than to any other centre it operates in due to the country's strong talent pool, said Jane Fraser, chief executive officer of Citigroup, on Wednesday in an interaction with CNBC-TV18. Fraser also expressed confidence that India will remain the world's fastest-growing economy.

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

Rediff.com26 Mar 2025

JSW Steel, owned by Sajjan Jindal, has emerged as the world's most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data.

Did RCB make a huge mistake letting Siraj go?

Did RCB make a huge mistake letting Siraj go?

Rediff.com3 Apr 2025

Siraj, named Player of the Match, dismantled RCB's top order with a fiery 3/19, leading GT to a dominant 8-wicket victory at the M. Chinnaswamy Stadium.

Realme 14 Pro 5G Launched In India

Realme 14 Pro 5G Launched In India

Rediff.com17 Jan 2025

Realme 14 Pro 5G claims to be world's first smartphone that changes colour when it's cold! Here are Realme 14 Pro 5G features, specifications...

Accenture, TCS, Infosys, HCLTech top 2025 Brand Finance IT Services ranking

Accenture, TCS, Infosys, HCLTech top 2025 Brand Finance IT Services ranking

Rediff.com22 Jan 2025

India has secured the second position, contributing 36 per cent of the total brand value, a significant achievement fuelled by a 14 per cent increase in brand value, according to Brand Finance 2025 ranking. India follows the US, which maintains its dominant position in IT services brand value, holding 40 per cent of the total brand value.

Coventry makes history as IOC's first female president

Coventry makes history as IOC's first female president

Rediff.com20 Mar 2025

Kirsty Coventry smashed through the International Olympic Committee's glass ceiling to become the organisation's first female and first African president in its 130-year history.

Here's how much Champions Trophy winners will get...

Here's how much Champions Trophy winners will get...

Rediff.com14 Feb 2025

The total prize pool has increased by an impressive 53 percent from the 2017 edition, reaching $6.9 million (Rs 57.3 crore).

India well placed to tackle Trump's tariff volleys: Blackstone CEO

India well placed to tackle Trump's tariff volleys: Blackstone CEO

Rediff.com13 Mar 2025

India and the US are expected to have smooth trade negotiations after US President Donald Trump and Indian Prime Minister Narendra Modi had a productive meeting during Modi's visit to the White House last month, Stephen A Schwarzman, chairman, chief executive officer, and co-founder of one of the world's largest alternative investment firms, Blackstone Group, said in Mumbai on Wednesday.

'Work does not disappear due to technology'

'Work does not disappear due to technology'

Rediff.com11 Feb 2025

'Its nature changes, new types of jobs are created.' 'We need to invest in skilling and re-skilling our people for an AI-driven future,' Prime Minister Narendra Modi said in his opening speech at the AI Action Summit in Paris, co-hosted by India.

Test Rankings: Bumrah holds fort at No 1, Brook overtakes Root

Test Rankings: Bumrah holds fort at No 1, Brook overtakes Root

Rediff.com11 Dec 2024

Bumrah leads a competitive field, including South African speedster Kagiso Rabada (856) and Australian pacer Josh Hazlewood (851).

IndiGo eyes early induction of wide-body planes in fleet

IndiGo eyes early induction of wide-body planes in fleet

Rediff.com26 Dec 2024

IndiGo on Wednesday said it was exploring an earlier introduction of wide-body planes in its fleet to meet the growing demand for international travel. Industry sources said the airline was in talks with Norse Atlantic Airways to wet-lease six B787 planes in its fleet.

Higher tax will drive capital away, says CEA V Anantha Nageswaran

Higher tax will drive capital away, says CEA V Anantha Nageswaran

Rediff.com14 Dec 2024

Taxing capital less may not lead to more investments but taxing more will drive capital away, Chief Economic Advisor V Anantha Nageswaran on Friday said during a discussion on Inequality, Economic Growth and Inclusion. While it is easy to drive capital out, bringing it back is a lot harder, said Nageswaran.

Adidas, Nike supplier Hong Fu enters India to foot manufacturing push

Adidas, Nike supplier Hong Fu enters India to foot manufacturing push

Rediff.com17 Dec 2024

Taiwanese footwear major Hong Fu Industrial Group - a supplier to Nike, Converse, Vans, UGG, Puma, Adidas, Reebok, HOKA, Under Armour, and ON (a Swiss sportswear brand) -marked its India entry on Monday, with the ground breaking ceremony of the Rs 1,500-crore footwear manufacturing facility at the SIPCOT Industrial Park in Panapakkam, nearly 85 kms from Chennai.

Sazerac targets India's whisky mkt to uncork bourbon growth

Sazerac targets India's whisky mkt to uncork bourbon growth

Rediff.com28 Nov 2024

Sazerac Company, the largest distiller in the US, is looking to leverage India's position as the world's largest whisky market to introduce a range of bourbon whiskies in the country. Identifying India as a key priority market, Diego Bianchi, general manager of emerging markets and Barrel Select at Sazerac Company, told Business Standard that new consumers, including women, will be key drivers for the growth of the category in India. "India, particularly, is where some of the fastest-growing consumers are.

MG Cyberster EV To Debut In India In January 2025

MG Cyberster EV To Debut In India In January 2025

Rediff.com3 Dec 2024

The Cyberster is currently sold in the UK for about Rs 63 lakh and is expected to be priced between Rs 65 lakh and Rs 70 lakhs.

PIX: Rashid Khan's grand wedding takes Kabul by storm

PIX: Rashid Khan's grand wedding takes Kabul by storm

Rediff.com4 Oct 2024

Afghanistan's star all-rounder, Rashid Khan, celebrated his grand wedding in Kabul on October 3, 2024. The event, held in Afghanistan's capital, quickly became a viral sensation as videos from the ceremony circulated on social media.

Minorities account for bulk of India's emigrant population

Minorities account for bulk of India's emigrant population

Rediff.com21 Aug 2024

'Christians, for example, make up 2 per cent of India's population but an estimated 16 per cent of those who were born in India now reside elsewhere,' said Pew.

Stuart Broad gets his name etched at Trent Bridge

Stuart Broad gets his name etched at Trent Bridge

Rediff.com18 Jul 2024

Broad's elation was evident in his tweet following the ceremony, 'A huge honour at one of my favourite places in the world,' he wrote.

Foxconn arm to infuse Rs 13K cr to set up TN factory

Foxconn arm to infuse Rs 13K cr to set up TN factory

Rediff.com9 Oct 2024

The Tamil Nadu government on Tuesday cleared the Rs 13,180 crore project by Yuzhan Technology, part of Taiwan's Foxconn Group, at Kancheepuram. The unit is reportedly expected to assemble smartphone display modules, which will be one of the first such units to cater to Apple's growing presence in the country. The unit is expected to generate at least 14,000 jobs. Of the 14 existing manufacturing units in the Apple supply chain, seven are based in Tamil Nadu.

Pix: Masaba Gupta's Fun-Filled Baby Shower

Pix: Masaba Gupta's Fun-Filled Baby Shower

Rediff.com27 Aug 2024

The guests -- mostly dressed in cream, coffee and shades of brown -- were in sync with the celebration's theme, 'Biscuit and Cookies'.

Nvidia, RIL join forces to build AI computing infra

Nvidia, RIL join forces to build AI computing infra

Rediff.com25 Oct 2024

American chip behemoth Nvidia Corp and India's retail-to-refining giant Reliance Industries on Thursday unveiled their goal to build a formidable AI computing infrastructure in the country. Highlighting the tie-up, Jensen Huang, founder and CEO of Nvidia, made a broader appeal: India should focus on "manufacturing" AI, rather than racing to build semiconductor fabs. As part of this collaboration, Nvidia will reportedly supply its Blackwell AI processors to power Reliance's one-gigawatt data center in Jamnagar, Gujarat.

Chris Wood trims exposure to Indian equities by 1 point

Chris Wood trims exposure to Indian equities by 1 point

Rediff.com3 Oct 2024

Global head of equity strategy at Jefferies, Christopher Wood, has cut his exposure to Indian equities by one percentage point in the Asia-Pacific ex-Japan relative-return portfolio, and Australia and Malaysia by half a percentage point each in favour of China, which has seen a hike in exposure by two percentage points. The rally in China has been fast-forwarded by the approach of a seven-day holiday with the CSI 300 Index up 8.5 per cent on Monday, and 25.1 per cent in five trading days, he said.

Binance detaches self from liabilities after WazirX hack

Binance detaches self from liabilities after WazirX hack

Rediff.com20 Sep 2024

Global cryptocurrency giant Binance has asserted that it never owned or controlled WazirX before or after the embattled Indian exchange was hacked in July that led to a security breach of more than $230 million. Binance added that there was no legal basis for the firm to be liable for claims made against the embattled crypto exchange. It refuted WazirX's claims that the global exchange owns the company, adding that it does not operate the platform.

BFSI sector valuation discount at new high

BFSI sector valuation discount at new high

Rediff.com4 Oct 2024

Companies in the banking, finance sector and insurance (BFSI) sector have underperformed on the bourses despite leading the earnings growth charts in the post-pandemic period. This has created a dichotomy between their earnings and share prices. BFSI companies have never been less expensive than the rest of the equity market.

Bajaj looks to pip TVS to second spot in e2W mkt

Bajaj looks to pip TVS to second spot in e2W mkt

Rediff.com2 Sep 2024

The country's legacy two-wheeler giants - Bajaj Auto and TVS - are fighting a neck-and-neck battle for market share, with the former threatening to dislodging its rival soon. The Pune-based giant, which was trailing far behind TVS just two months ago in e-two-wheelers (e2Ws), has upped the ante. It has increased its market share based on Vahan registrations from 11.6 per cent in June (when it sold only 9,046 electric two wheelers) to 19.3 per cent (when it sold 14,977 this month till August 30).

India just shy of top-weight China in MSCI EM after rejig

India just shy of top-weight China in MSCI EM after rejig

Rediff.com14 Aug 2024

The Indian equity markets will soon account for over a fifth of a key emerging market (EM) benchmark tracked by funds with assets exceeding $500 billion. This development is expected to funnel as much as $3 billion into the domestic markets. Following the latest review undertaken by global index provider MSCI, India's weighting in the MSCI EM index will surpass 20 per cent for the first time, narrowing its gap with the current top-weighted China to fewer than 400 basis points.

I have no retirement or succession plans: Rajiv Bajaj

I have no retirement or succession plans: Rajiv Bajaj

Rediff.com28 Aug 2024

Bajaj Auto is gearing up to launch clean-energy vehicles including another motorcycle powered by compressed natural gas (CNG), showcase ethanol-powered motorcycles and three-wheelers next month, as well as launch a new Chetak platform early next year, as it closes in on hitting 100,000 monthly sales from clean-energy vehicles this festival season. In an interview with CNBC-TV18, Bajaj Auto managing director Rajiv Bajaj said these initiatives were part of the firm's broader goal to achieve monthly sales of 100,000 clean-energy vehicles this festival season.

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Rediff.com17 Jul 2024

Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent decrease from its last funding round valuation of around $5.5 billion, according to industry sources. The Bhavish Aggarwal-founded firm aims to file for the IPO by next month, according to people familiar with the matter. "The strategy is to price the IPO attractively for investors, fostering long-term growth and wealth creation," said a source.

As Olympics kick off, Gazans seek refuge in football

As Olympics kick off, Gazans seek refuge in football

Rediff.com25 Jul 2024

Inspired by the Olympics worlds away in Paris, some Palestinian youths played football against each other at a school sheltering the displaced in the war-torn Gaza Strip

PICS: Leander, Amritraj inducted into Hall of Fame

PICS: Leander, Amritraj inducted into Hall of Fame

Rediff.com21 Jul 2024

Now both men have made history for their country, leaving a permanent mark on the history books.

Crypto firms bank on fair play as Binance logs into FIU-IND

Crypto firms bank on fair play as Binance logs into FIU-IND

Rediff.com20 May 2024

The regulatory gap between crypto firms registered with the Financial Intelligence Unit-India (FIU-India) and unregistered offshore entities is expected to narrow, industry players said, after global crypto players Binance and KuCoin received approvals to register with India's anti-money laundering unit.

iPhone exports from India hit $2 billion in April-May

iPhone exports from India hit $2 billion in April-May

Rediff.com12 Jun 2024

Technology giant Apple Inc has pushed the pedal on exporting iPhones from India by racking up exports valued at over $2 billion in the first two months of the current financial year (FY25), according to the data provided by vendors to the government. This accounts for 81 per cent of the country's total production of iPhones worth $2.6 billion. In May, Apple repeated its performance of April and once again crossed $1 billion of iPhone exports.

Tata Hitachi reaps rich harvest, from field to factory

Tata Hitachi reaps rich harvest, from field to factory

Rediff.com5 Jul 2024

It was the summer of 2006 (May 18). Writers' Building, then the state secretariat, was buzzing with journalists. The event marked the start of Buddhadeb Bhattacharjee's second term as chief minister. And in style, it got off with West Bengal bagging the small car plant, Nano.