Infrastructure major Larsen & Toubro on Wednesday said it has bagged an ultra-mega order from QatarEnergy LNG for its offshore hydrocarbon business. The company classifies contracts above Rs 15,000 crore as 'ultra mega' orders.
Of the 156 LCH, 90 would be for the Indian Army while 66 would be for the Indian Air Force.
The secret to building Rs 5 crore corpus lies in one simple decision. But the longer you wait, the more it costs you -- not just in money but in missed opportunities, says Ramalingam Kalirajan
IndusInd Bank on Tuesday fire-fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses.
Stree 2 has etched its name in cinematic history by becoming the highest-grossing Hindi film ever, surpassing the lifetime collections of Shah Rukh Khan's Jawan.
Investor confidence in value mutual funds remains robust, with the category witnessing an inflow of Rs 1,556 crore in January, indicating a shift in their focus towards fundamentally strong yet undervalued stocks.
Foreign investors continue to pull back money from the Indian equity market, withdrawing Rs 24,753 crore (about $2.8 billion) in the first week of March amid escalating global trade tensions and lacklustre corporate earnings.
The BJP received the highest amount in large donations among national parties in the financial year 2023-24, with over Rs 2,243 crore declared from 8,358 donations, according to a report by poll rights body the Association for Democratic Reforms (ADR). The report, based on data submitted to the Election Commission, highlighted trends in political donations above Rs 20,000. The total declared donations to national parties stood at Rs 2,544.28 crore from 12,547 contributions - a sharp 199 per cent increase compared to the previous year.
Mangaluru Police in Karnataka have seized over 37 kg of MDMA, valued at Rs 75 crore, marking the biggest-ever drug haul in the state. Two South African nationals were arrested in Bengaluru in connection with the case. The operation stemmed from an earlier arrest six months ago, leading authorities to an international drug network with links to traffickers using air routes between Delhi and Bengaluru. The arrested individuals are suspected of supplying drugs to Nigerian peddlers and using forged passports and visas for travel. Karnataka Chief Minister Siddaramaiah lauded the police operation and highlighted the government's commitment to building a drug-free society.
The project also aims to address critical gaps in rural sports infrastructure, particularly at the block level, where facilities remain underdeveloped.
Adani Group on Tuesday committed to investing Rs 2.3 lakh crore over the next five years across power, cement, industrial parks, aluminium and city gas expansion in Odisha. According to a statement by the group, the investment commitment was made during Utkarsh Odisha 2025 - the state's investor meeting.
If there is a misleading news, it will be clarified in real-time. If there is a negative news, clarification will be given expeditiously, it said.
Earlier on Thursday, Kejriwal accused the BJP of attempting to poach 16 AAP candidates ahead of the Delhi assembly polls results.
Mankind Pharma Ltd on Wednesday said it has been imposed a GST related penalty of over Rs 2 crore by tax authority in Kolkata over alleged mismatch in figures for the period of FY18 to FY22. The company has received an order on January 14, 2025 from Office of the Commissioner of Kolkata South CGST & CX -- issued by Additional Commissioner, Mankind Pharma said in a regulatory filing.
Earlier, Preity posted about the platform's growing cynicism, especially when people expressed appreciation for public figures.
Anandu Krishnan, a 26-year-old man, has been arrested for allegedly defrauding people of several crores by promising scooters, sewing machines, home appliances, and laptops at half price using fake CSR funds from major companies. The total fraud is estimated to be around Rs 600-700 crore. Krishnan was operating the scam since 2022 by registering societies and convincing people that he was the National Coordinator of the National NGO Federation and that he had been entrusted with managing the CSR funds of various companies. He collected money through 62 "seed societies" and used his political links to convince the victims. The police are investigating the role of certain political leaders in the fraud.
Leading stock exchange NSE on Tuesday reported a 94 per cent year-on-year surge in consolidated profit after tax to Rs 3,834 crore for three months ended December 2024. It posted a Profit After Tax (PAT) of Rs 1,975 crore in the year-ago period.
Rishabh Pant released by DC, Heinrich Klaasen pips Virat Kohli in retention price
Finance Minister Nirmala Sitharaman on Saturday presented Union Budget 2025-26, envisaging an expenditure of Rs 50,65,345 crore, an increase of 7.4 per cent over the current fiscal.
The Union Budget 2025-26 has allocated Rs 3,481.27 crore for security-related expenditure (SRE) and the Special Infrastructure Scheme for Left Wing Extremist (LWE) areas. The BJP-led Centre has set a target of March 2026 to end the Maoists menace in the country. The allocation is considered significant in the wake of Union Home Minister Amit Shah's repeated statements that the Narendra Modi government has resolved to end Naxalism in the country by March 2026. This year, till January-end, 40 Naxalites have been killed in separate gunfights in the worst Naxal-hit state of Chhattisgarh. Last year, 219 Naxalites were neutralized by security forces in separate encounters in Chhattisgarh. Six Maoists were killed in Odisha in 2024, while eight were arrested and 24 had surrendered. According to the home ministry's data, 48 Naxals have so far been killed this year in all Naxal-affected states, 290 were killed in 2024 and 50 in 2023. The government has also established 290 camps of security forces in Naxal-affected areas since 2019 and 88 more are proposed to be set up in 2025.
The report on the alleged liquor scam, a hot button issue in the run-up to the elections, claimed a loss of revenue to the tune of Rs 941.53 crore, saying timely permissions were not taken for opening the liquor vends in non-conforming municipal wards.
While the BJP received the highest amount, securing Rs 1,685.63 crore, the Congress received Rs 828.36 crore, and the Aam Aadmi Party (AAP) Rs 10.15 crore.
rediffGURU Sunil Lala answers your personal finance-related queries.
The intruder first entered the room of Saif and Kareena Kapoor-Khan's younger son Jeh, said Eliyama Philip, the complainant in the case.
State Bank of India (SBI), India's largest lender, reported an impressive 84% jump in its standalone net profit for the December quarter, reaching Rs 16,891 crore. This is a significant increase from the Rs 9,164 crore earned in the same period last year. The bank's total income also grew to Rs 1,28,467 crore in Q3 FY24, compared to Rs 1,18,193 crore in the same period a year ago. SBI's asset quality improved as well, with gross NPAs declining to 2.07% at the end of December from 2.42% a year ago. Net NPAs also eased to 0.53% from 0.64% in the same period last year. On a consolidated basis, SBI Group's net profit rose by 70% to Rs 18,853 crore in Q3 FY24.
Reliance Industries chairman Mukesh Ambani on Wednesday announced a fresh investment commitment of Rs 50,000 crore in West Bengal by the end of this decade. Speaking at the Bengal Global Business Summit (BGBS) 2025, Ambani said the investment would generate one lakh jobs in the state.
The Maha Kumbh witnessed its third grand 'Amrit Snan' on the auspicious occasion of Basant Panchami, drawing hundreds of thousands of devotees from across the globe, all seeking spiritual liberation through the sacred dip, which was going on smoothly, officials said.
... resulting in a Rs 2 trillion economic spinoff.
A court in Sonipat on Tuesday remanded in judicial custody till May 27 Ali Khan Mahmudabad, the head of Ashoka University's political science department who was arrested for his social media posts related to Operation Sindoor, his lawyer said.
The Uttar Pradesh government is expecting over 35 crore pilgrims to attend the Maha Kumbh Mela in Prayagraj, a significant increase from the 24 crore who attended the 2019 Kumbh Mela. The event, which will take place over 45 days, will feature extensive security and sanitation measures, as well as a digital component. The state government has allocated Rs 7,000 crore for the event.
Ola Electric on Wednesday said it has successfully completed a company-wide initiative to reduce cost and improve customer experience.
A family in Noida was duped of over Rs 1 crore after they were kept under 'digital arrest' for five days by unknown people posing as government officials. The scammers threatened the family with arrest by making video calls and claiming to be investigating money laundering and other crimes. This is a new type of cyber fraud where the accused pose as law enforcement agency officials and use video calls to intimidate their victims.
The HC said this while dismissing a petition by Taufik Ahmad who had sought quashing of proceedings against him on charges of rape and unlawful religious conversion of a Hindu girl to Islam through misrepresentation under the UP anti-conversion law.
These are the highlights of the Union Budget 2025-26 presented by Finance Minister Nirmala Sitharaman in Parliament on Saturday.
Having missed the target for the current financial year, Finance Minister Nirmala Sitharaman on Saturday proposed to spend Rs 11.21 lakh crore towards capital expenditure (capex) for FY26. However, the capex target is going to be missed by about 93,000 crore for the current financial year.
India's Finance Minister Nirmala Sitharaman has announced an ambitious plan to develop the country's top 50 tourist destinations in a "challenge mode", with the aim of boosting employment-led growth and attracting international visitors. The Ministry of Tourism has received a significant budget increase for 2025-2026, with a focus on enhancing tourism infrastructure, promoting domestic and international travel, and ensuring the safety of tourists, particularly women. The government plans to promote homestays, improve connectivity to tourist spots, and provide performance-linked incentives to states that demonstrate effective destination management. The budget also includes investments in public enterprises, skill development programs, and initiatives to promote medical tourism and spiritual tourism.
Bharatiya Janata Party MP Parvesh Verma on Wednesday said he will file a Rs 50 crore defamation suit each against AAP supremo Arvind Kejriwal and Punjab Chief Minister Bhagwant Mann for levelling "false allegations against" and claiming he called Punjabis a "threat" to the country.
Hyundai Motor India Ltd (HMIL) has since 2019 saved around Rs 5,700 crore in foreign exchange (forex) by locally manufacturing or sourcing more than 1,200 components, including battery packs for electric vehicles, said a senior executive of the automaker. The company's efforts for Aatmanirbhar Bharat, the government's campaign for domestic manufacturing, have resulted in a localisation rate of 92 percent in India, said Gopalakrishnan Chathapuram Sivaramakrishnan, whole-time director and chief manufacturing officer at HMIL.
The government may save over Rs 70,000 crore (Rs 700 billion) on capital and revenue expenditure allocated towards new schemes in the FY25 Budget that are yet to be implemented.
The Supreme Court of India has formed a National Task Force (NTF) to address the growing concern of student suicides in higher educational institutions. The court took note of the recurring cases and directed Delhi Police to register FIRs on the complaints of families of two students who died by suicide at IIT Delhi in 2023. The NTF, chaired by former apex court judge Justice S Ravindra Bhat, will prepare a comprehensive report, including the identification of causes leading to suicides, analysis of existing regulations, and recommendations for strengthening protections. The NTF will also have the authority to conduct surprise inspections of higher educational institutions and make further recommendations to ensure a holistic approach to addressing mental health concerns and eliminating suicides.
