'Our objective is to reach a localisation rate of 50% in the span of five years.'
The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).
A match defined by mistakes - 11 dropped catches, several misfields, and one team punished more heavily than the other.
Activist Manoj Jarange on Monday announced he was withdrawing his 17-day-old fast undertaken over the Maratha quota issue, but insisted he would continue his agitation until the Maharashtra government starts issuing Kunbi caste certificates to extended family members of people already having such documents, thereby allowing them to avail of reservation benefits.
Jaffer appreciated Ashwani's skill-set, as someone capable of bowling close to 140 kmph, having a great bouncer and yorker.
He made the announcement after Maharashtra minister and member of Maratha quota sub-committee Shambhuraj Desai, Shiv Sena MP Sandipan Bhumre met him at his native Antarwali Sarati village in Jalna district and discussed the issue.
Since October, FPIs have offloaded Indian equities worth Rs 2.1 trillion.
A sprightly Mumbai Indians continued their ascent in IPL 2025 with a four-wicket victory over Sunrisers Hyderabad.
When AI is used to enhance operational efficiency, businesses can deliver the same product or service but with improved quality, faster, or even at a reduced cost
Fostering kindness doesn't require grand gestures; even the smallest acts can create a ripple effect, cultivating a more harmonious and effective work culture.
'If we execute our plans properly, we can beat any team on any given day.'
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said regulations should not create unintended barriers to financial inclusion while emphasising that the impact of regulations on individuals and businesses should be considered.
Brokerages expect a further slowdown in Indian firms' revenue and earnings growth in Q4FY25, following low single-digit growth in the preceding three quarters, as factors like weak consumer demand and credit growth linger on.
Organisations that reward constant optimism and penalise negativity create environments where employees feel pressured to hide their struggles, notes Sonica Aron, founder of HR consultancy firm Marching Sheep.
Kyiv School of Economics President Tymofiy Mylovanov shared a video of Zelenskyy responding to a question from BBC News in Ukrainian. Zelenskyy stated that he is focused on Ukraine's security today and not staying in power for decades.
If you are fasting, you must steer clear of processed and packaged foods as they often contain additives, preservatives and excessive salt or sugar which can disrupt the purity and purpose of your diet, says dietician Ruchi Rai.
'It showed me that this man had courage. He makes his own decisions, but he also trusted me enough in that moment to walk with me into the crowd,' Modi tells Lex Fridman on his podcast.
'If you compare the data from 2017 and 2023 of the US imports from the world and China, you will see that the US was a complete loser in the trade war, and China was a complete gainer.'
'Muslims in Bihar under Nitishji's rule are safest than anywhere else.'
'Unsurprisingly, Trump shared Modi's podcast with Fridman on his Truth account.' 'The intentions of Trump, a transactional president, are never easy to tell.' 'We will know in the next fortnight if and when he unfolds reciprocal tariffs on Indian goods, whether Modi's flattering words made any significant difference to Trump's compass,' notes Ambassador M K Bhadrakumar.
Fitch Ratings has removed energy infrastructure company Adani Energy Solutions Ltd (AESL) from its 'Ratings Watch Negative' list, the first upgrade by an international ratings agency since the US indictment. Fitch affirmed AESL long-term foreign and local-currency issuer default ratings (IDRs) at 'BBB-'.
The project is critical as the region expects huge investments in the automotive, renewable energy, and space sectors.
'They want to keep the pot boiling all the time.' 'The BJP wants to set a political narrative that the Gandhis are doing wrong things.'
The Reserve Bank should focus on making liquidity easier rather than cutting rates if the intent is to drive growth, Axis Bank's chief economist Neelkanth Mishra said on Tuesday. Mishra, who is also a part-time member of the Economic Advisory Council to the PM, said the rate cut announced earlier this month or even the subsequent ones if they were to come will not end up increasing borrowings as the scarce liquidity will hamper transmission.
The Budget has given signals that India is sensitive to the US needs and willing to walk the extra mile, but if need be, we should respond in equal measure as a sovereign nation, notes Ajay Srivastava.
Referring to the demand of giving a Kunbi certificate to all 54 lakh people whose proof of being Kunabi has been found till now, Patil said that they will be given the certificates soon.
Abid Ali's contributions to Indian cricket remain etched in history. His spirit, sportsmanship, and selfless play defined an era, and his legacy will endure in the annals of the game.
It was a protest which held a mirror to the government of a state taking pride in its commitment to democracy, gender equality and social indices.One person, who in his employed days had known governments and political parties at close quarters, told me that public perception of how the Kerala government handled the ASHA workers' strike had been terrible, reports Shyam G Menon.
'...you can't become a slave of it, but certainly there are huge advantages to using Artificial Intelligence.'
'The choice is clear: We either embrace this transformation and cement our global leadership, or hesitate, lose ground, and fade into irrelevance.'
Maratha quota activist Manoj Jarange on Thursday ended his nine-day-old indefinite fast, but warned of a bigger agitation if no action was taken in two months on giving reservation benefits to the community.
Eden Gardens will host the first game of the five match T20I series between India and England on Wednesday.
The duo met at the IOC's headquarters in Lausanne, Switzerland and discussed about cricket's future in the Olympic programme.
Joburg Super Kings and Pretoria Capitals claimed crucial victories over Durban's Super Giants and Sunrisers Eastern Cape respectively in the Betway SA20.
Besides its spiritual significance, religious fasting translates into several health benefits for those who go through with it.
FMCG major Hindustan Unilever Ltd on Wednesday reported a 19.18 per cent rise in consolidated net profit at Rs 2,989 crore in the December quarter.
In the months immediately following the 2024 tragedy, reporting on the landslide per se had been a straightforward affair. On one side was death and destruction. On the other side, survivors and the business of survival. It was black and white. What direction to take was clear. Rehabilitation in comparison, felt like a complex situation. One that is fraught with shades of grey. As grey as human life, explains Shyam G Menon.
10 largecaps stocks which stand to gain from the Budget.
The rapid rise of quick commerce is anticipated to create a substantial increase in the need for blue-collar workers, with India projected to require 2.4 million jobs by 2027, according to job matching and hiring platform Indeed. Quick commerce companies hired over 40,000 employees in the last quarter to handle increased festive shopping and e-commerce demand, Indeed India Sales Head Sashi Kumar said.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances