Shreya Nandi &Amp;Amp; Peerzada Abrar

Stories by Shreya Nandi &Amp;Amp; Peerzada Abrar

India a top priority: Prosus CEO

India a top priority: Prosus CEO

Rediff.com   4 days ago

Highlighting India as the company's most important growth market, Fabricio Bloisi, group chief executive officer (CEO) of the Dutch technology investor Prosus signaled a sharp acceleration in artificial-intelligence investments across its portfolio in the country.

US Judgment Against Byju Raveendran Faces Steep Hurdles in India

US Judgment Against Byju Raveendran Faces Steep Hurdles in India

Rediff.com   5 days ago

A US court's $1.07-billion default judgment against Byju Raveendran can't be enforced directly in India because the US isn't a "reciprocating territory." Creditors must file a new case in an Indian court.

India-US Trade Deal: ' Not Much To Negotiate'

India-US Trade Deal: ' Not Much To Negotiate'

Rediff.com   7 days ago

'There are very few issues and a political call needs to be taken about some of them.'

Exports up in first 3 weeks of Nov: Goyal

Exports up in first 3 weeks of Nov: Goyal

Rediff.com   26 Nov 2025

India's merchandise exports grew in the first three weeks of November compared with the same period last year, according to preliminary government data, Commerce and Industry Minister Piyush Goyal said on Tuesday. The uptick comes despite globa

Gems & jewellery exports slipped 30% in October: GJEPC

Gems & jewellery exports slipped 30% in October: GJEPC

Rediff.com   24 Nov 2025

India's gems & jewellery exports witnessed 30.6 per cent year-on-year (Y-o-Y) contraction in October to $2.17 million, amid the imposition of a steep 50 per cent tariff by the United States (US) on several Indian products.

200% spike in gold import drives India's trade deficit to $41.68 billion

200% spike in gold import drives India's trade deficit to $41.68 billion

Rediff.com   22 Nov 2025

India's merchandise trade deficit widened to a record $41.68 billion in October, as gold imports trebled and outbound shipments registered their sharpest contraction in 14 months, according to data released by the commerce department.

Govt: Boost AI Now or Lose IT Edge

Govt: Boost AI Now or Lose IT Edge

Rediff.com   20 Nov 2025

'What the government is doing would be a drop in the ocean. It has to be matched by investments by industry.'

Uber Adds Teen Rides With Parental Control

Uber Adds Teen Rides With Parental Control

Rediff.com   19 Nov 2025

Guardians continue to have full oversight of teen trips and activity on the app.

Govt in talks to streamline FDI, FII processes: Goyal

Govt in talks to streamline FDI, FII processes: Goyal

Rediff.com   19 Nov 2025

The Centre is regularly holding consultations with stakeholders to streamline foreign direct investments (FDIs) and foreign institutional investments (FIIs) related processes to enable faster and more efficient investment flows into the country, said Commerce and Industry Minister Piyush Goyal, adding one such meeting with stakeholders was held on Tuesday.

Byju's Alpha alleges $533 million was routed back to founder in new court filing

Byju's Alpha alleges $533 million was routed back to founder in new court filing

Rediff.com   18 Nov 2025

Debtor alleges evidence from OCI Ltd shows funds were "round-tripped" to Byju Raveendran despite his earlier sworn statements -- claims Byju's founders strongly reject.

Almost There: India, US Set to Seal Trade Deal

Almost There: India, US Set to Seal Trade Deal

Rediff.com   12 Nov 2025

'We are now awaiting a response from the US; they have to get back to us.'

Ola Electric rebuts LG tech leak claims

Ola Electric rebuts LG tech leak claims

Rediff.com   10 Nov 2025

Ola Electric has denied media reports suggesting its involvement in a leak of proprietary pouch cell technology (tech) from South Korea's LG Energy Solution, calling the allegations "baseless". The company said it has no commercial or research interest in the older pouch cell format cited in the reports, emphasising that its new 4680 Bharat Cell - based on advanced dry-electrode cylindrical tech - is already in commercial production.

Deepinder Goyal's $25 Mn Bet On Longer Life

Deepinder Goyal's $25 Mn Bet On Longer Life

Rediff.com   3 Nov 2025

'Our goal here is to become a small catalyst in humanity's journey of conscious evolution. To lead us into the Post-Darwin era.'

India-US Trade Deal In Final Lap!

India-US Trade Deal In Final Lap!

Rediff.com   25 Oct 2025

'As far as the contentious issues such as agriculture are concerned, we are finding some common ground.'

Venture funding slowed in Sep qtr; exit activity at 7-year high

Venture funding slowed in Sep qtr; exit activity at 7-year high

Rediff.com   24 Oct 2025

Venture funding in India slowed in the third quarter (Q3) of 2025 amid geopolitical uncertainty, though exit activity surged to a seven-year high, according to Venture Pulse from KPMG Private Enterprise, a quarterly report tracking investment trends globally across major regions around the world.

Lenskart eyeing mega expansion as it readies for IPO

Lenskart eyeing mega expansion as it readies for IPO

Rediff.com   15 Oct 2025

Eyewear retailer Lenskart plans to add 450 stores in the current financial year, its fastest expansion in three years, as the company prepares for a public listing that could value it at up to $10 billion. The addition would take Lenskart's store count to more than 3,150 across 14 countries, representing a 34 per cent rise from the 334 stores opened last year.

Sergio Gor, Agrawal Talk Trade Deal

Sergio Gor, Agrawal Talk Trade Deal

Rediff.com   13 Oct 2025

While both sides have announced the decision to restart talks for a trade deal, government officials said discussions are continuing virtually.

Amazon, Flipkart deploy war rooms for Rs 1.2 trillion festival battle

Amazon, Flipkart deploy war rooms for Rs 1.2 trillion festival battle

Rediff.com   23 Sep 2025

At the stroke of midnight, live dashboards lit up simultaneously across Amazon India's World Trade Centre headquarters and Flipkart's Outer Ring Road office in Bengaluru. In sprawling "war rooms" at both the companies, executives monitored real-time data streams tracking payment speeds, inventory levels, and delivery logistics as millions of shoppers flooded online platforms.

Amazon, Flipkart showcase GST deals as festival shopping begins

Amazon, Flipkart showcase GST deals as festival shopping begins

Rediff.com   23 Sep 2025

Amazon India unveiled a dedicated marketplace section highlighting products with reduced tax burdens as the goods and services tax (GST) restructuring took effect on September 22, positioning the ecommerce giant to capitalise on lower consumer prices across electronics, appliances, and other categories. Its rival Flipkart, too, has rolled out its own GST-focused storefront, the GST Bachat Utsav, aimed at helping shoppers maximise benefits from the new tax rates across multiple categories.

Bengaluru Traffic Test Corporate Patience

Bengaluru Traffic Test Corporate Patience

Rediff.com   20 Sep 2025

'We do not need short-term measures but long-term ones. Companies seem to have given up on the infrastructure part. Long delays are fuelling more traffic crisis.'