Search results for ' Commercial'

IDBI employees' forum opposes stake sale to Fairfax, seeks review

IDBI employees' forum opposes stake sale to Fairfax, seeks review

Rediff.com20 Jul 2026

The United Forum of IDBI Officers & Employees has voiced "profound concern" over the Centre's reported decision to proceed with the strategic disinvestment of its controlling stake in IDBI Bank to Fairfax Financial Holdings, urging a parliamentary review of the proposed sale.

India has adequate fuel stocks, commercial LPG restored to 70%: Govt

India has adequate fuel stocks, commercial LPG restored to 70%: Govt

Rediff.com27 Mar 2026

The ministry of petroleum and natural gas on Friday reiterated that India has sufficient stock of crude oil, petrol and diesel, while ensuring an uninterrupted supply of LNG and LPG despite disruptions caused by the ongoing West Asia conflict.

US troops set to leave Iraq after 23 years

US troops set to leave Iraq after 23 years

Rediff.com15 Jul 2026

The United States military is scheduled to complete its withdrawal from Iraq by September 30, marking the end of a 23-year deployment that began with the 2003 invasion and later focused on combating the Islamic State group.

Hormuz Crisis Exposes India's Energy Risks

Hormuz Crisis Exposes India's Energy Risks

Rediff.com20 Jul 2026

Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.

US strikes 90 military targets inside Iran, shares video

US strikes 90 military targets inside Iran, shares video

Rediff.com9 Jul 2026

The United States has launched a fresh wave of precision strikes, hitting approximately 90 Iranian military targets deep inside Iran, further intensifying a rapidly expanding regional conflict, with Tehran warning of severe retaliation.

AIFF Executive Committee Reviews Bids for Commercial Rights, Considers Sports Governance Act

AIFF Executive Committee Reviews Bids for Commercial Rights, Considers Sports Governance Act

Rediff.com29 Mar 2026

The All India Football Federation (AIFF) is evaluating commercial rights bids for its flagship competitions, including the Indian Super League and the Indian Women's League. The Executive Committee is also discussing the implementation of the National Sports Governance Act.

Iran claims strikes on US drone command centre

Iran claims strikes on US drone command centre

Rediff.com14 Jul 2026

Iran's Islamic Revolutionary Guard Corps (IRGC) has claimed responsibility for missile and drone strikes on US military installations in Bahrain, describing the operations as the second phase of its retaliatory campaign. This announcement follows US Central Command (CENTCOM) confirming its own large-scale offensive targeting Iranian military infrastructure.

BCCI seeks new title partner for India's home cricket season

BCCI seeks new title partner for India's home cricket season

Rediff.com20 Jul 2026

The BCCI on Monday invited bids for the title sponsorship rights for its domestic and international home events, with the current agreement with IDFC FIRST Bank nearing the end of its tenure.

Trump to reinstate Hormuz blockade, announces 20% toll on ships

Trump to reinstate Hormuz blockade, announces 20% toll on ships

Rediff.com13 Jul 2026

US President Donald Trump announced the 'reinstatement' of an 'Iranian Blockade' in the Strait of Hormuz, stating the US would charge a 20 per cent levy on transiting cargo for providing security, while Iran warned against any US interference, reaffirming its authority over the critical waterway.

Trump says US agrees to resume Iran talks; declares ceasefire 'over'

Trump says US agrees to resume Iran talks; declares ceasefire 'over'

Rediff.com11 Jul 2026

As Qatari negotiators travel to Iran in an effort to ease tensions and create conditions for the resumption of US-Iran talks following the recent military escalation between them, US President Donald Trump on Friday said that Washington has agreed to continue talks with the Islamic Republic following Tehran's request but reiterated that the US still considers the ceasefire between the two sides to be "over".

Global Markets Reel as US-Iran Tensions Escalate, Crude Oil Prices Jump

Global Markets Reel as US-Iran Tensions Escalate, Crude Oil Prices Jump

Rediff.com8 Jul 2026

Indian equity benchmark indices Sensex and Nifty plummeted over 2 per cent following US President Donald Trump's declaration that the interim agreement with Iran is 'over', which led to a sharp rally in crude oil prices and heightened geopolitical tensions.

Mass protest erupts over Amazon's data centre plan near Mumbai

Mass protest erupts over Amazon's data centre plan near Mumbai

Rediff.com19 Jul 2026

Hundreds of Thane residents protested against a proposed Amazon data centre, citing environmental concerns, noise pollution, and excessive water and electricity consumption. Amazon stated compliance with environmental laws, assuring the facility would not strain local resources, but protesters remain unsatisfied, with a local MP also demanding a review.

Lucknow fire: Lapses by officials being probed

Lucknow fire: Lapses by officials being probed

Rediff.com24 Jun 2026

The Lucknow Development Authority has served a notice to the owner of the Aliganj building where a recent fire claimed 15 lives, citing alleged building bylaw violations and unauthorised commercial use. The LDA is also investigating its own officials for previously withdrawing a demolition order against the same property in 2016, while police have arrested four individuals in connection with the tragedy.

Government clears the track for Formula One's long-awaited India return

Government clears the track for Formula One's long-awaited India return

Rediff.com17 Jul 2026

India's government is working to resolve tax and regulatory hurdles to bring Formula One back to the Buddh International Circuit on the outskirts of New Delhi in 2028, more than a decade after the race was dropped.

India's first hydrogen train rolls out with leak detection, auto shut-off

India's first hydrogen train rolls out with leak detection, auto shut-off

Rediff.com16 Jul 2026

India's first hydrogen-powered train, to be flagged off by Prime Minister Narendra Modi from Haryana's Jind railway station on Friday, is equipped with multi-layer safety systems capable of detecting hydrogen leaks, heat, flames and smoke.

59 India-Bound Vessels Transited Hormuz Since War

59 India-Bound Vessels Transited Hormuz Since War

Rediff.com22 Jul 2026

India has successfully evacuated 59 vessels, including 23 Indian-flagged and 36 foreign-flagged ships carrying cargo for India, from the Strait of Hormuz since March 1, 2026, amid fresh attacks and declining shipping traffic, Shipping Minister Sarbananda Sonowal informed the Rajya Sabha.

Law platform challenges Delhi HC's 'right to be forgotten' order

Law platform challenges Delhi HC's 'right to be forgotten' order

Rediff.com14 Jul 2026

Legal database platform India Kanoon has approached the Delhi High Court, challenging a single-judge order that recognised an individual's 'right to be forgotten' and directed the platform to de-index and disable 'name-based search functionality' for certain judicial orders.

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

Rediff.com24 Jul 2026

Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

Rediff.com24 Jul 2026

Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.

EV sales in India hit record high, with 63% YoY increase in June

EV sales in India hit record high, with 63% YoY increase in June

Rediff.com8 Jul 2026

India's electric vehicle market achieved a significant milestone in June 2026, accounting for over 12% of total vehicle retail sales for the first time. This growth, driven by strong demand across electric two-wheelers, passenger vehicles, and commercial vehicles, saw overall EV retail sales surge by 63% year-on-year to a record 306,220 units, indicating a mainstream shift in mobility.

Margin Squeeze Hits Private Bank Stocks; HDFC, Axis Lead Decline

Margin Squeeze Hits Private Bank Stocks; HDFC, Axis Lead Decline

Rediff.com21 Jul 2026

Shares of major private lenders, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, experienced a sharp selloff after their June-quarter results indicated persistent pressure on net interest margins (NIMs), despite healthy credit growth. This decline overshadowed gains in ICICI Bank and Punjab National Bank (PNB), which reported resilient or stronger-than-expected earnings.

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Rediff.com23 Jul 2026

Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.

AIFF Opens Bidding for Club Competition Commercial Rights

AIFF Opens Bidding for Club Competition Commercial Rights

Rediff.com2 Mar 2026

The All India Football Federation (AIFF) has invited bids for the commercial rights of men's and women's club competitions, offering two packages for a minimum of 15 years starting from the 2026-2027 season.

West Asia on edge as US hits Iran again; Tehran vows fierce revenge

West Asia on edge as US hits Iran again; Tehran vows fierce revenge

Rediff.com28 Jun 2026

US Central Command (CENTCOM) forces conducted additional strikes against multiple targets in Iran, on Saturday (local time), at the commander in chief, US President Donald Trump's direction.

35 Years On, SC Quashes FERA Case Against Standard Chartered Bank

35 Years On, SC Quashes FERA Case Against Standard Chartered Bank

Rediff.com22 Jul 2026

The Supreme Court of India has quashed criminal proceedings against Standard Chartered Bank and one of its officers in a 1991-92 Foreign Exchange Regulation Act (FERA) case, citing an extraordinary 23-year delay in prosecution and the Enforcement Directorate's failure to comply with mandatory procedural safeguards.

Iran has accepted 'just about everything' we wanted: Trump

Iran has accepted 'just about everything' we wanted: Trump

Rediff.com3 Jul 2026

US President Donald Trump has claimed that Iran has accepted "just about everything" the United States has demanded in ongoing indirect nuclear negotiations, particularly regarding denuclearisation. He also asserted that American forces repeatedly carried out military strikes that crippled Tehran's military infrastructure, including radar installations, and escorted commercial oil tankers through the Strait of Hormuz. Trump dismissed reports of Iran's strength, stating its military and economy were severely weakened.

You ever think it might be your last call to family? Iranian FM asked US envoy

You ever think it might be your last call to family? Iranian FM asked US envoy

Rediff.com21 Jul 2026

Iranian Foreign Minister Abbas Araghchi has revealed the intense psychological pressure faced by Tehran's diplomatic delegation during peace negotiations with the United States, recalling a direct exchange with US President Donald Trump's Middle East envoy, Steve Witkoff, where he questioned the envoy about the constant military threats.

FIFA WC FINAL: Singer Post Malone, Robbie Williams headline closing ceremony

FIFA WC FINAL: Singer Post Malone, Robbie Williams headline closing ceremony

Rediff.com20 Jul 2026

The World Cup final between Spain and Argentina is set to kick off in New Jersey, with fans flocking to the stadium despite high ticket prices and enhanced security measures, as both teams vie for the coveted title.

National Awards: 'Article 370' best film; Mammootty, Yami, Kartik best actor

National Awards: 'Article 370' best film; Mammootty, Yami, Kartik best actor

Rediff.com18 Jul 2026

The political drama 'Article 370' was the biggest winner at the 72nd National Film Awards, securing the best feature film honour, with its lead star Yami Gautam named best actress. Mammootty and Kartik Aaryan shared the best actor award for 'Bramayugam' and 'Chandu Champion' respectively.

Rapido founders booked over illegal bike taxi operations in Nagpur

Rapido founders booked over illegal bike taxi operations in Nagpur

Rediff.com4 Jul 2026

The founders of the Rapido app have been booked in Nagpur for allegedly operating petrol-powered bike taxi services in Maharashtra without the necessary government permissions. A case was registered following a complaint from the Nagpur RTO after a special drive revealed private vehicles were being used commercially without proper licenses, raising concerns about passenger safety and revenue loss for the government.

'Hit them hard again tonight': Trump warns of more strikes on Iran

'Hit them hard again tonight': Trump warns of more strikes on Iran

Rediff.com8 Jul 2026

Hours after US President Donald Trump on Wednesday said that the ceasefire deal with Iran was "over", the US President indicated that Washington could launch another round of strikes against the Islamic Republic, following strikes on Tuesday, saying it had already hit Tehran "very hard" and warning of further attacks.

Navi Mumbai Airport starts international operations with Abu Dhabi service

Navi Mumbai Airport starts international operations with Abu Dhabi service

Rediff.com15 Jul 2026

Navi Mumbai International Airport (NMIA) has officially commenced its international flight operations with an Air India Express service to Abu Dhabi, marking a significant boost in connectivity for the Mumbai Metropolitan Region and establishing a new global gateway.

Moments That Defined 2026 World Cup

Moments That Defined 2026 World Cup

Rediff.com22 Jul 2026

From Lionel Messi and Cristiano Ronaldo to Cape Verde's fairytale run, VAR controversies and unforgettable fan moments, relive the memories that made the 2026 FIFA World Cup the biggest and most dramatic tournament in history.

Tata Motors steps up its global CV ambition with Iveco

Tata Motors steps up its global CV ambition with Iveco

Rediff.com30 Jun 2026

Tata Motors is set to acquire Italy's Iveco Group, a strategic move aimed at propelling the Indian automaker into the top four global commercial vehicle (CV) manufacturers, with projected annual revenues of $35 billion-$40 billion within five years.

9 Facts About the $50 Million T Rex

9 Facts About the $50 Million T Rex

Rediff.com15 Jul 2026

9 fascinating facts about the dinosaur that shattered auction records.

How BikeWo And Kwik Flite Are Revolutionising India's Logistics

How BikeWo And Kwik Flite Are Revolutionising India's Logistics

Rediff.com13 Jul 2026

BikeWo Green Tech and Kwik Flite Support have signed an initial pact to develop an integrated air cargo, aviation logistics, and multimodal freight platform. This collaboration aims to combine road mobility with aviation capabilities to serve various industries, focusing on high-value and time-sensitive logistics across India, including Tier-II and Tier-III cities.

Lucknow fire: Building got demolition order in 2016, revoked within 2 months

Lucknow fire: Building got demolition order in 2016, revoked within 2 months

Rediff.com23 Jun 2026

A tragic fire in Lucknow that claimed 15 lives occurred in a commercial building that had a demolition order issued in 2016 due to unauthorised construction. The order was controversially revoked less than two months later, raising serious questions about the circumstances surrounding the decision. The building, originally allotted for residential use, was later found to have unauthorised commercial construction.

'Not your casino': Iran warns US over Trump's Hormuz 'takeover' threat

'Not your casino': Iran warns US over Trump's Hormuz 'takeover' threat

Rediff.com22 Jun 2026

Ebrahim Azizi, Head of the Iranian Parliament's National Security Committee, warned the US against interfering with the Strait of Hormuz, asserting Iran's sovereignty after former President Donald Trump threatened to 'take over' the strategic waterway. Despite the heated rhetoric, Iran and the US have established a direct communication line to prevent incidents during a 60-day negotiation period.

Kolkata warehouse tragedy: Suvendu orders audit of all TMC-era projects

Kolkata warehouse tragedy: Suvendu orders audit of all TMC-era projects

Rediff.com26 Jun 2026

A committee constituted by the West Bengal government to carry out a special audit of sanctioned plans for high-rise residential and commercial buildings in and around the city will meet on Friday to begin the exercise, Chief Minister Suvendu Adhikari said.

Nexon Geochem And Russia's Giredmet Forge Rare Earth Partnership

Nexon Geochem And Russia's Giredmet Forge Rare Earth Partnership

Rediff.com13 Jul 2026

Hyderabad-based Nexon Geochem has partnered with Russia's Giredmet to establish integrated rare-earth processing and downstream facilities in India. This collaboration aims to bridge critical gaps in India's rare earth value chain, focusing on producing NdFeB permanent magnets essential for electric vehicles, wind turbines, and defence systems, reducing reliance on imports.