Search results for 'Business Development'

IBM India MD Highlights India's Pivotal Role In Shaping AI Future

IBM India MD Highlights India's Pivotal Role In Shaping AI Future

Rediff.com5 days ago

IBM India and South Asia MD Sandip Patel stated that India is at a defining moment with a unique opportunity to shape exponential technologies like artificial intelligence, emphasizing that "when India builds, it builds for billions," leading to scalable impact. Speaking at the IBM Think 2026 event, Patel highlighted that the AI revolution is still in its early stages, requiring enterprises to redesign their operations around agents, real-time data, automation, hybrid architecture, and trust. He also introduced the concept of "digital swaraj" or sovereignty in the Indian context, stressing the importance of control over operating environments, data, technology, and AI execution. IBM also announced an MoU with MeitY Startup Hub to accelerate India's deep tech innovation and startup ecosystem, providing startups access to IBM's technology expertise and platforms like watsonx and Sovereign Core.

Kolkata lottery firm donates Rs 260 cr to DMK, AIADMK in 2025-26

Kolkata lottery firm donates Rs 260 cr to DMK, AIADMK in 2025-26

Rediff.com2 days ago

A Kolkata-based lottery firm, Tiger Associates, donated Rs 260 crore to Tamil Nadu's DMK and AIADMK in 2025-26, significantly increasing its contributions from the previous financial year. The firm accounted for nearly 74% of the combined contributions reported by the two parties, highlighting a concentration of political funding. The disclosures also revealed contributions from electoral trusts and a link between Tiger Associates' partner and lottery magnate Santiago Martin, whose other firm was a major electoral bond purchaser.

HSBC emerges as top international bank for Indian corporate fundraising

HSBC emerges as top international bank for Indian corporate fundraising

Rediff.com6 days ago

HSBC has emerged as the leading international bank in facilitating fundraising for Indian companies through bonds, syndicated loans, and IPOs during January-September 2026, according to Hitendra Dave, CEO of HSBC India.

CBIC plans wider AI use, unified portal to ease Customs compliance: Chairman

CBIC plans wider AI use, unified portal to ease Customs compliance: Chairman

Rediff.com17 Sep 2026

The Central Board of Indirect Taxes and Customs (CBIC) is set to significantly increase its use of artificial intelligence (AI), machine learning (ML), and real-time analytics in Customs processes, aiming for a near-touchless, near-digital clearance experience, according to Chairman Vivek Chaturvedi.

Modi urges people to take 'developed India' pledge on I-Day

Modi urges people to take 'developed India' pledge on I-Day

Rediff.com11 Aug 2026

Prime Minister Narendra Modi has called upon citizens to celebrate Independence Day with honour and pride, urging them to take a pledge for a developed India. This appeal comes amidst parliamentary sessions marked by protests from both ruling and opposition alliances.

Land, business reforms key to India's next phase of growth, say economists

Land, business reforms key to India's next phase of growth, say economists

Rediff.com17 Aug 2026

Economists highlight that resolving domestic policy bottlenecks, particularly through land reforms and improving the ease of doing business, will be critical for Prime Minister Narendra Modi's 'next-generation reforms' and India's economic transformation towards its 'Viksit Bharat' vision for 2047.

Ramlila Maidan: Delhi's costly protest venue with limited dates

Ramlila Maidan: Delhi's costly protest venue with limited dates

Rediff.com6 days ago

Ramlila Maidan, recently designated as one of Delhi's new protest sites, is proving to be a costly and difficult option for demonstrators. With no free dates for the next two and a half months and booking fees exceeding Rs 1 lakh, it contrasts sharply with the previously free Jantar Mantar. The ground, rich in political history, also poses logistical challenges due to its busy commercial location and impact on traffic.

India eyes 30 GW private nuclear capacity by 2047, Rs 7.5 lakh cr investment

India eyes 30 GW private nuclear capacity by 2047, Rs 7.5 lakh cr investment

Rediff.com7 days ago

Atomic Energy Commission Chairman Ajit Kumar Mohanty announced that India's private sector is projected to invest Rs 7.5 lakh crore and contribute 30 GW towards the nation's goal of achieving 100 GW nuclear power capacity by 2047. This marks a significant policy shift, facilitated by the SHANTI Act, encouraging private participation in nuclear energy beyond the traditional public sector model. The country is also exploring Small Modular Reactors (SMRs) for industrial needs and advancing its three-stage nuclear power programme, leveraging its substantial thorium reserves.

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Rediff.com4 Aug 2026

Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.

Can Anurag Gupta Turn Fashion Into Real Change?

Can Anurag Gupta Turn Fashion Into Real Change?

Rediff.com2 days ago

For generations, women in Bishkhor, Uttar Pradesh, have lived with stigma and limited choices. Designer Anurag Gupta hopes to help change that narrative, one livelihood at a time.

Indian Hockey Stars Unaware Of Imminent Retirement

Indian Hockey Stars Unaware Of Imminent Retirement

Rediff.com5 days ago

Four senior Indian hockey players, including Mandeep Singh and Amit Rohidas, have expressed surprise and disappointment over reports that they are set to retire after the upcoming Asian Champions Trophy. The players, who recently won gold at the Asian Games, stated they were not consulted and are keen to continue playing, with eyes on the 2028 Olympics.

Karnataka Government Urges Stronger BFSI And FinTech Partnerships

Karnataka Government Urges Stronger BFSI And FinTech Partnerships

Rediff.com7 Oct 2026

The Government of Karnataka has called for enhanced collaboration with the BFSI and FinTech sectors to bolster its technology ecosystem and accelerate the adoption of innovative solutions. This initiative, discussed at an Industry Meet, aims to foster partnerships between government, industry, and academia, particularly through programmes like 'Government First', in preparation for the Bengaluru Tech Summit 2026.

CCAvenue Brings Apple Pay To Its Merchant Network

CCAvenue Brings Apple Pay To Its Merchant Network

Rediff.com30 Sep 2026

Apple Pay has officially launched in India, integrating with CCAvenue and partnering with Axis Bank to bring secure and convenient mobile payment solutions to millions of iPhone, iPad, and Apple Watch users across a vast network of merchants.

Aadhaar: 'Fraudsters Get Smarter, But We're Also Getting Smarter'

Aadhaar: 'Fraudsters Get Smarter, But We're Also Getting Smarter'

Rediff.com10 Sep 2026

'It's A Cat And Mouse Game.'

Jio Platforms IPO Set for October End Listing, Valued at $143-146 Billion

Jio Platforms IPO Set for October End Listing, Valued at $143-146 Billion

Rediff.com4 Oct 2026

Digital services major Jio Platforms is anticipated to list on the stock exchange by the end of October, with an estimated enterprise valuation of USD 143-146 billion, making it India's largest public offer at around USD 3.8 billion.

Viksit Bharat: What Nirmala Sitharaman told India Inc

Viksit Bharat: What Nirmala Sitharaman told India Inc

Rediff.com22 Sep 2026

Finance Minister Nirmala Sitharaman has called upon Indian industry to prioritise not just scale but also resilience, better governance, and deeper technological capabilities to achieve the 'Viksit Bharat' goal by 2047.

Jaishankar to host Rubio in Mumbai on Oct 20 for key India-US talks

Jaishankar to host Rubio in Mumbai on Oct 20 for key India-US talks

Rediff.com2 days ago

External Affairs Minister S Jaishankar will host US Secretary of State Marco Rubio in Mumbai on October 20 for talks aimed at strengthening the Comprehensive Global Strategic Partnership. Discussions will cover energy, trade, defence, and critical technologies. The visit also includes celebrations for the 250th anniversary of US Independence. This meeting follows earlier confusion regarding Rubio's visit and will also touch upon the India-US bilateral trade agreement, which both sides are close to concluding. The MEA clarified that hosting foreign dignitaries outside Delhi is a common practice.

Iran defies US exit order, Rubio strikes as 2 envoys 'kicked out' of America

Iran defies US exit order, Rubio strikes as 2 envoys 'kicked out' of America

Rediff.com4 Oct 2026

Two members of Iran's delegation to the United Nations General Assembly in New York were "kicked out" of the United States on Saturday after allegedly failing to comply with a US State Department order to leave the country, Axios reported, citing a US official, as tensions between Washington and Tehran continue to rise amid the West Asia crisis, particularly the Strait of Hormuz.

Police Action Intensifies In Mansa Anti-Drug Activist Murder Case

Police Action Intensifies In Mansa Anti-Drug Activist Murder Case

Rediff.com3 days ago

Following the murder of anti-drug activist Parvinder Singh Jhota in Mansa, police have suspended a station house officer and arrested the alleged shooter's wife. The shooter, Ashwani Kumar, and an associate are in police remand. Investigations are ongoing into Kumar's arms licence and drug network, while Jhota's family and activists demand further action and a CBI probe, leading to a 'Punjab bandh' on Thursday.

WOMEN INTERRUPTED: Building Bridges For Women To Return To The Workplace

WOMEN INTERRUPTED: Building Bridges For Women To Return To The Workplace

Rediff.com7 Oct 2026

A career break does not erase the experience that came before it. But the labour market can act as though it does. The more women invest in building professional careers, the more costly an interruption can become. How, then, do we enable women to make a comeback? Whose responsibility is it? asks Radha Roy Biswas.

Premium Office Rents Surge in Mumbai, Delhi-NCR Due to Supply Constraints

Premium Office Rents Surge in Mumbai, Delhi-NCR Due to Supply Constraints

Rediff.com28 Sep 2026

Large office leases in Mumbai and Delhi-NCR are commanding premium rentals in key micro-locations, driven by a scarcity of quality Grade-A space and sustained occupier demand, according to real estate consultants.

Online Shopping Scams: How To Stay Safe

Online Shopping Scams: How To Stay Safe

Rediff.com4 days ago

Fake web sites, counterfeit goods, bogus delivery charges and fraudulent customer support agents are common warning signs.

Punjab observes state-wide bandh over anti-drug activist's murder

Punjab observes state-wide bandh over anti-drug activist's murder

Rediff.com3 days ago

A state-wide bandh was observed across Punjab on Thursday following the murder of anti-drug activist Parvinder Singh Jhota in Mansa. Markets and educational institutions remained shut, and roads were blocked by protesters, disrupting traffic. Jhota was shot on Tuesday for questioning the illegal sale of addictive drugs. His family, supported by various political parties and farmer unions, has refused to perform his last rites until justice is delivered, demanding resignations of top officials and a CBI probe. The incident has intensified the political debate on drug menace and law and order in Punjab.

F1 returns to Africa after 33 years, with Rwanda set to host Grand Prix from early 2030s

F1 returns to Africa after 33 years, with Rwanda set to host Grand Prix from early 2030s

Rediff.com4 days ago

Formula One will return to Africa after 33 years, with Rwanda securing a 10-year deal to host a Grand Prix from the early 2030s, promising tourism, investment and jobs.

Nana Patekar's helping hand made this village 'tanker-free'

Nana Patekar's helping hand made this village 'tanker-free'

Rediff.com8 Oct 2026

Following the death of veteran actor Nana Patekar, a Maharashtra village, Dhondalgaon, recalls how his NAAM Foundation funded a water conservation project ten years ago, transforming it from a drought-prone area to a 'tanker-free' and economically thriving community. The project, which involved desilting barrages, boosted agriculture and dairy farming, and eliminated farmer suicides.

Government Urges Stronger Cybersecurity Amid AI Agent Attack Warnings

Government Urges Stronger Cybersecurity Amid AI Agent Attack Warnings

Rediff.com2 days ago

India's cybersecurity agency, CERT-In, has issued a critical advisory warning about autonomous AI agents accessing sensitive data of Indian organisations without authorisation. Government sources on Friday emphasised the need for companies to bolster cybersecurity measures and monitor system activity, noting that while no major compromise occurred, the incident serves as an early warning. Future AI regulation is expected to address the risks posed by these agents.

Indian B-Schools Face Urgent Need To Boost AI Competencies

Indian B-Schools Face Urgent Need To Boost AI Competencies

Rediff.com18 Sep 2026

A national study of top 75 Indian B-schools reveals a significant competency gap in AI skills among management graduates, with industry expectations far exceeding current MBA capabilities. A new framework by AIMS, EPSI, and IMC highlights the urgent need for management education to adapt to an AI-led workplace, emphasizing behavioural competencies alongside data fluency.

IBM India MD Sandip Patel: AI Innovation Must Not Be Stifled

IBM India MD Sandip Patel: AI Innovation Must Not Be Stifled

Rediff.com5 days ago

IBM India and South Asia MD Sandip Patel states that technology, especially AI, should not be "artificially paused." He advocates for vigilance and proactive governance to foster innovation while addressing potential risks. Patel also highlights IBM's India-specific initiatives like Bharat Core and a sovereign AI stack, and discusses the impact of AI on jobs and global supply chains.

Check Point Software Appoints Krishnan V V To Lead India And South Asia Operations

Check Point Software Appoints Krishnan V V To Lead India And South Asia Operations

Rediff.com23 Sep 2026

Check Point Software Technologies has appointed Krishnan V V as its Managing Director and Country Head for India and South Asia. He will be responsible for business strategy, P&L, go-to-market execution, and organisational development, leveraging his three decades of leadership experience in the cybersecurity and technology sectors.

L&T Forays Into AI Factory Business With NVIDIA B300-Based Facility

L&T Forays Into AI Factory Business With NVIDIA B300-Based Facility

Rediff.com13 Aug 2026

Infrastructure major Larsen & Toubro (L&T) has secured a mega order, valued between Rs 10,000 and Rs 15,000 crore, to construct India's largest single-cluster artificial intelligence (AI) infrastructure facility. This strategic move marks L&T's entry into the AI Factory business, aiming to establish an NVIDIA B300-based AI Factory in Chennai to power the AI-native cloud platform of US-based Together AI, thereby strengthening India's AI ecosystem and supporting global innovation.

'Every Time The Rains Fail, We Talk About Drought; By Next June We Have Forgotten About It'

'Every Time The Rains Fail, We Talk About Drought; By Next June We Have Forgotten About It'

Rediff.com3 days ago

'Without that one critical irrigation, the entire crop can be lost.'

Tata Consumer's new businesses drive strong Q1, poised for sustained double-digit growth

Tata Consumer's new businesses drive strong Q1, poised for sustained double-digit growth

Rediff.com4 Aug 2026

Tata Consumer Products reported healthy revenue growth in Q1 FY27, driven by its India branded business and accelerating momentum in newer segments, which are now expected to sustain double-digit sales growth and improve profitability.

'Nana Patekar Got Milder With Age'

'Nana Patekar Got Milder With Age'

Rediff.com3 days ago

'Nana left Mumbai, its luxuries and all the roles he could have played, and moved to Pune, where he lived like a farmer.'

BRICS represents 50% of world population, 40% of GDP: Ramaphosa

BRICS represents 50% of world population, 40% of GDP: Ramaphosa

Rediff.com12 Sep 2026

South African President Cyril Ramaphosa on Friday described BRICS as an important global forum, highlighting the grouping's growing demographic and economic weight and noting that its members account for around half of the world's population and 40 percent of global GDP.

Anti-drug activist shot dead by medical shop owner in Punjab

Anti-drug activist shot dead by medical shop owner in Punjab

Rediff.com5 days ago

An anti-drug activist, Parvinder Singh alias Jhota, was allegedly shot dead by a medical store owner in Mansa, Punjab, after confronting the owner about the illegal sale of intoxicating substances.

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Rediff.com3 Aug 2026

Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.

Bharat Forge, Pratt & Whitney Partner For India's HALE UAV Engines

Bharat Forge, Pratt & Whitney Partner For India's HALE UAV Engines

Rediff.com16 Sep 2026

An Indian firm, Bharat Forge, and US defence major Pratt & Whitney Canada have announced a collaboration to develop India's high-altitude, long-endurance (HALE) unmanned aerial vehicle (UAV). This partnership will focus on integrating advanced turboprop engines into the DRDO-designed HALE UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative. The collaboration aims to enhance India's strategic self-reliance in surveillance and reconnaissance technology.

India's FDI hits record $94.53 bn in FY26, cumulative inflows reach $843 bn

India's FDI hits record $94.53 bn in FY26, cumulative inflows reach $843 bn

Rediff.com25 Sep 2026

India has achieved its highest-ever annual Foreign Direct Investment (FDI) inflow of USD 94.53 billion in FY 2025-26, with cumulative FDI reaching USD 843 billion since 2014-15, announced Commerce and Industry Minister Piyush Goyal. Production Linked Incentive (PLI) schemes have also significantly boosted investment, production, exports, and job creation.

Why IIT-Bombay Wants UPI MDR Cut To 0.08%

Why IIT-Bombay Wants UPI MDR Cut To 0.08%

Rediff.com7 days ago

A report by IIT-Bombay professors recommends reducing the Merchant Discount Rate (MDR) on UPI transactions from 0.40 per cent to 0.08 per cent. It suggests that banks should fund the UPI ecosystem using their net interest margins from CASA deposits, rather than relying on MDR. The report also addresses transaction costs, credit card MDR, and ATM withdrawal allowances, aiming to ensure UPI's long-term sustainability and public trust by proposing remuneration only from large merchants.

Why Is Zepto Cafe Shutting Hundreds of Outlets?

Why Is Zepto Cafe Shutting Hundreds of Outlets?

Rediff.com22 Sep 2026

Zepto is sharply scaling back Zepto Cafe, closing hundreds of outlets and shrinking its menu as it reworks the business.