The Odisha government has issued a notice to Vedanta Aluminium Limited, Jharsuguda, demanding 233.11 crore for allegedly extracting over 30 lakh cubic metres of water monthly from the Bheden river system without authorisation between May 2025 and April 2026, a charge the company denies, claiming compliance with existing agreements.
The Enforcement Directorate has attached assets worth 159 crore in connection with a money laundering investigation related to illegal coal mining in West Bengal. The case involves alleged pilferage and implicates various entities, including the political consultancy firm I-PAC.
A special CBI court in Ahmedabad convicted eight individuals, including three retired Punjab National Bank (PNB) officials, in a 2016 loan fraud case that resulted in a loss of Rs 1.57 crore to the bank.
Delhi High Court judge Justice Swarana Kanta Sharma has recused herself from hearing a plea by Congress MP Karti Chidambaram seeking to quash a CBI FIR against him. The FIR alleges that Chidambaram helped an alcoholic beverage company over the ban on the duty-free sale of its whisky.
The central bank is yet to consider actions such as a rate hike or mobilising dollar inflows from non-resident Indians to boost forex reserves as it cannot afford to continue with them for long when the rupee's internationalisation tops its agenda, explains Tamal Bandyopadhyay.
Indian refiners are recalibrating their crude sourcing strategy due to supply disruptions in West Asia, leading to Venezuela and Brazil emerging as top five suppliers in April, replacing traditional sources like Iraq and the United States.
A Delhi court has remanded former senior executives of Reliance Anil Ambani Group (RAAG) to five days of ED custody in connection with an alleged bank loan fraud-linked money laundering case.
Rediff.com India Ltd, a subsidiary of AvenuesAI Ltd, has filed draft red herring prospectus (DRHP) with SEBI through the confidential pre-filing route, marking an important step towards a potential public listing after its acquisition and strategic shift to an AI-led digital platform.
NCP (SP) MLA Rohit Pawar has alleged a link between a godman and the fatal plane crash involving his uncle, Ajit Pawar, and has demanded a CID interrogation.
India's core sector output contracted by 0.4 per cent in March, marking the first decline in five months, with coal, crude oil, fertiliser, and electricity production falling, according to official data.
The Enforcement Directorate has restored assets worth over 15,000 crore to a Supreme Court-appointed committee for distribution to investors defrauded in the PACL (Pearls Group) Ponzi scheme.
The CBI has registered a new case against Anil Ambani and Reliance Communications Ltd for allegedly causing a loss of Rs 3,750 crore to the Life Insurance Corporation (LIC) of India.
Indian benchmark indices, Sensex and Nifty, closed almost unchanged in a volatile session as investors reacted cautiously to mounting geopolitical headwinds and a significant jump in crude oil prices, with Brent crude surging to USD 94.68 per barrel.
A Mumbai court has rejected a plea by a couple, former officials of New India Co-operative Bank, accused of a Rs 122-crore fraud, to appear via video conferencing from the UK, deeming their request as showing 'huge abysmal entitlement'. The couple cited a 'hostile environment' and 'threats to their lives' if they returned to India.
Hazoor Multi Projects Ltd (HMPL) has been awarded a 27.15 crore contract by the National Highways Authority of India (NHAI) for fee collection and maintenance on a section of National Highway 48 in Karnataka.
Riddhima Kapoor Sahni, Neetu Singh and Rishi Kapoor's daughter, is making her acting debut at 46, joining a list of actors who took their sweet time to be bitten by the acting bug.
State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) are reportedly incurring losses of Rs 18 per litre on petrol and Rs 35 per litre on diesel, as they continue to absorb rising crude oil costs without increasing retail prices. This situation is leading to expectations of a fuel price hike after upcoming state elections.
'Shah Rukh Sir gave us a lot of room to make the film we wanted to make.'
Mcap of top 6 most valued firms drops nearly Rs 65k cr; Airtel biggest laggard
The Allahabad High Court has deferred its order directing an FIR against Congress MP Rahul Gandhi in connection with the alleged dual citizenship controversy, pending a review of whether prior notice to the accused was legally required.
Eight of India's top-10 most valued firms saw their combined market valuation increase by Rs 1,87,497.45 crore last week, with Bharti Airtel emerging as the largest gainer, reflecting a positive trend in the equities market.
A legal representative of I-PAC director Rishi Raj Singh assisted the Enforcement Directorate in Delhi with data extraction from seized electronic devices. This follows raids and the arrest of another director, Vinesh Chandel, amid allegations of financial irregularities and money laundering.
The Powerica Limited IPO opened on March 24, 2026, with muted Day 1 subscription. Check latest GMP, price band, lot size, issue details, and investor response.
Godrej Consumer Products Ltd (GCPL) delivered a robust Q4FY26 performance, with steady demand in India and signs of stabilisation in international markets, despite persistent inflationary pressures. The company expects to maintain profitability in FY27 through strategic cost management and pricing adjustments.
HDFC Bank has launched an independent review by external law firms following the abrupt resignation of Chairman Atanu Chakraborty, who cited 'ethical concerns and practices within the bank' as the reason for his departure.
Arvind SmartSpaces Ltd has partnered with Sigma Oxford Realtors to develop a residential housing project in Goregaon, Mumbai, with an expected revenue of Rs 2,400 crore.
A new report suggests that blending 20 per cent dimethyl ether (DME) with LPG could significantly reduce India's LPG imports, leading to substantial savings in foreign exchange.
The Indian stock market is poised for a volatile week, influenced by the Reserve Bank of India's monetary policy decision, crucial global macroeconomic data, and the escalating geopolitical tensions in West Asia, according to market analysts.
Atanu Chakraborty has resigned as chairman of HDFC Bank, citing ethical concerns, marking an unusual departure and prompting the appointment of an interim chairman.
The United States has announced it will not renew sanctions exemptions for the purchase of Russian and Iranian oil, ending a 30-day waiver that allowed some countries, including India, to continue importing Russian oil despite sanctions related to the Ukraine war.
'The Atomic Energy Commission has approved the FDI policy and it is going in for ministerial consultations.'
State-run oil-marketing companies (OMCs) are unlikely to significantly raise petrol and diesel prices despite crude oil nearing $100 a barrel, leading to potential margin pressure, while CLSA analysts project a 65 per cent upside for ONGC's stock.
India's electric passenger vehicle market saw an 87.4 per cent year-on-year increase in FY26, reaching 233,246 units, primarily driven by the mid-size SUV segment (20-30 lakh price bracket), while the entry-level segment (sub-10 lakh) experienced a decline.
The death toll in the Vedanta power plant blast in Chhattisgarh's Sakti district has risen to 24, with one more worker succumbing to injuries. An investigation is underway to determine the cause of the explosion, which occurred in a steel tube carrying high-pressure steam.
The Mumbai Cricket Association is working with the Maharashtra state government to accelerate the development of a new 100,000-capacity cricket stadium in the Mumbai Metropolitan Region.
Silver prices surged by Rs 11,800 to Rs 2.57 lakh per kg and gold advanced by Rs 3,000 to Rs 1.58 lakh per 10 grams in the national capital, driven by fresh buying from jewellers and stockists ahead of Akshaya Tritiya.
Nepal's former parliament speaker Krishna Bahadur Mahara and others have been accused of facilitating gold smuggling, leading to a corruption case filed by the CIAA.
The Allahabad High Court has directed the registration of an FIR against Congress MP Rahul Gandhi concerning allegations of dual citizenship, potentially escalating the legal scrutiny surrounding the opposition leader.
CAE Simulation Training has launched a new pilot training facility in Mumbai, its fourth in India, to address the increasing demand for skilled pilots in the rapidly growing domestic aviation market.
rediffGURU T S Khurana answers readers' personal income tax queries
