Search results for 'Investments'

JK Tyre Invests In Future Of Indian Motorsport With Atiqa Mir Sponsorship

JK Tyre Invests In Future Of Indian Motorsport With Atiqa Mir Sponsorship

Rediff.com27 Aug 2026

JK Tyre has signed 11-year-old racing sensation Atiqa Mir, reinforcing its commitment to nurturing young talent in Indian motorsport. Atiqa, who has already achieved significant international success, joins an elite list of drivers supported by the company, including F1 legends Narain Karthikeyan and Karun Chandhok. Her journey also highlights the increasing presence of women in motorsport.

PhonePe To Expand Digital Payments To Rural India With 20,000 New Hires

PhonePe To Expand Digital Payments To Rural India With 20,000 New Hires

Rediff.com4 days ago

PhonePe has announced a significant expansion plan to deepen digital payment infrastructure across India's towns and villages. This initiative includes hiring over 20,000 sales personnel and deploying more than 50 lakh payment devices, with a strong focus on rural areas, aiming to bring small merchants into the formal financial ecosystem.

India must prioritise 'speed of doing business' for sustained growth: CII President

India must prioritise 'speed of doing business' for sustained growth: CII President

Rediff.com17 Sep 2026

India needs to move beyond ease and cost of doing business and focus on the "speed of doing business" as the next leg of reforms to sustain economic growth and private investment, Confederation of Indian Industry (CII) President R Mukundan said.

Document Bank Transactions Before IT Officials Come Knocking

Document Bank Transactions Before IT Officials Come Knocking

Rediff.com7 days ago

A deposit is not necessarily taxable simply because it appears in a bank account. What matters is whether its source can be satisfactorily explained.

S&P, Fitch Raise India's FY27 GDP Growth Forecasts, Anticipate RBI Rate expected

S&P, Fitch Raise India's FY27 GDP Growth Forecasts, Anticipate RBI Rate expected

Rediff.com5 days ago

Fitch Ratings has increased India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, up from 6.4 per cent, attributing the revision to robust economic growth in the June quarter and overall economic resilience. The agency also anticipates the Reserve Bank of India (RBI) will raise interest rates by 0.25 per cent in October.

Sridhar Vembu: Why India Needs An Independent AI Strategy

Sridhar Vembu: Why India Needs An Independent AI Strategy

Rediff.com5 days ago

Zoho cofounder Sridhar Vembu dismisses exaggerated fears about AI's catastrophic potential and global development pauses. He advocates for India to adopt an independent AI strategy, fostering partnerships while avoiding entanglement in US-China tech rivalry. Vembu stresses extensive investment in foundational R&D across sectors, distinguishing it from costly frontier AI model development. He also highlights concerns about AI's impact on human judgment, skill erosion, and job disruption, particularly in software engineering, while remaining optimistic about new economic opportunities.

CBI Registers Case Against RCAP, Anil Ambani In Rs 2,684 Crore LIC Fraud

CBI Registers Case Against RCAP, Anil Ambani In Rs 2,684 Crore LIC Fraud

Rediff.com18 Sep 2026

The CBI has registered a case against Reliance Capital Limited (RCAP), its former chairman Anil Ambani, and others for an alleged Rs 2,684.57-crore fraud involving investments made by the Life Insurance Corporation of India (LIC). Anil Ambani has denied any wrongdoing. The LIC alleges criminal conspiracy, misrepresentation, and fraudulent diversion of funds.

Global Uncertainty Drives FPIs to Pull Rs 20,974 Crore from Indian Equities

Global Uncertainty Drives FPIs to Pull Rs 20,974 Crore from Indian Equities

Rediff.com20 Sep 2026

Foreign Portfolio Investors (FPIs) have withdrawn Rs 20,974 crore from Indian equities in September, driven by global uncertainties, higher US interest rates and bond yields, elevated crude oil prices, and a weakening rupee.

Private Sector Capex Rises 7% in FY25, Govt Spending Slows

Private Sector Capex Rises 7% in FY25, Govt Spending Slows

Rediff.com15 Sep 2026

Private corporations in India invested approximately 30.3 trillion in fixed assets during FY25, marking a 7 per cent increase from the previous year, according to the statistics ministry. This growth in private capital expenditure contrasts with a slowdown in government capital spending.

London police cancels Vijay's event citing safety reasons

London police cancels Vijay's event citing safety reasons

Rediff.com16 Sep 2026

Tamil Nadu Chief Minister C Joseph Vijay's fan event in London was cancelled by Metropolitan Police due to safety concerns, disappointing hundreds who had gathered. The CM is in the UK leading a delegation to attract investments, having already secured MoUs worth Rs 12,300 crore, aiming to create over 9,400 jobs and position Tamil Nadu as a manufacturing and technology hub.

Anil Ambani, RCAP Under CBI Scanner For Alleged Rs 2,684 Crore LIC Fraud

Anil Ambani, RCAP Under CBI Scanner For Alleged Rs 2,684 Crore LIC Fraud

Rediff.com18 Sep 2026

The CBI has registered a case against Reliance Capital Limited (RCAP), its former chairman Anil Ambani, and others for an alleged Rs 2,684.57-crore fraud. The case stems from a complaint by the Life Insurance Corporation of India (LIC) regarding investments in RCAP's non-convertible debentures, alleging criminal conspiracy, misrepresentation, and fraudulent diversion of funds causing significant loss to LIC.

Tata Trusts Propose Merger to Keep Tata Sons Unlisted, Shed NBFC Tag

Tata Trusts Propose Merger to Keep Tata Sons Unlisted, Shed NBFC Tag

Rediff.com12 hours ago

Tata Trusts, the majority shareholders of Tata Sons, have proposed merging two operating companies, Tata Electronics Systems Solutions Pvt Ltd (TESS) and Tata Consulting Engineers (TCE), with Tata Sons. This restructuring aims to shed Tata Sons' classification as a non-banking financial company (NBFC) and a core investment company (CIC), thereby allowing it to retain its status as an unlisted private company and resolve ongoing disputes regarding its future ownership.

CAGR vs XIRR: Why are most SIP investors are reading their returns wrong!

CAGR vs XIRR: Why are most SIP investors are reading their returns wrong!

Rediff.com15 Sep 2026

The SIP culture has been rapidly growing in India among retail investors. As per AMFI data, monthly SIP contributions crossed 31,961 crore in July 2026, which is nearly a 10x jump from 3,122 crore recorded in April 2016.

CAGR vs XIRR: Why are most SIP investors are reading their returns wrong!

CAGR vs XIRR: Why are most SIP investors are reading their returns wrong!

Rediff.com15 Sep 2026

The SIP culture has been rapidly growing in India among retail investors. As per AMFI data, monthly SIP contributions crossed 31,961 crore in July 2026, which is nearly a 10x jump from 3,122 crore recorded in April 2016.

ACB Uncovers Rs 6.13 Crore Disproportionate Assets From NIMS Official

ACB Uncovers Rs 6.13 Crore Disproportionate Assets From NIMS Official

Rediff.com6 days ago

Telangana's Anti-Corruption Bureau (ACB) has registered a Disproportionate Assets (DA) case against N Lakshmi Bhasker, an Additional Medical Superintendent at NIMS, Hyderabad. Searches at his properties and associates' places revealed assets worth over Rs 6.13 crore, including apartments, plots, bank deposits, and gold, acquired through alleged corrupt practices. The investigation is ongoing.

FIFA President Gianni Infantino Proposes Independent Governance Review To Regain Support

FIFA President Gianni Infantino Proposes Independent Governance Review To Regain Support

Rediff.com6 days ago

FIFA President Gianni Infantino has proposed an independent review of the world football body's decision-making framework.

Microsoft Expands India Footprint With New Hyderabad Cloud Region

Microsoft Expands India Footprint With New Hyderabad Cloud Region

Rediff.com7 days ago

Microsoft has officially launched its fourth cloud region in India, located in Hyderabad, as part of its USD 20.5 billion investment in the country's digital and AI infrastructure. This new facility, which became available on August 6, features zero-water cooling technology and aims to enhance capacity and resilience for organisations in India and Asia, supporting the nation's rapid digital growth and projected increase in data centre capacity.

How Premji Invest Built $43 Billion AI Empire

How Premji Invest Built $43 Billion AI Empire

Rediff.com20 Jul 2026

Azim Premji's private investment firm, Premji Invest, has quietly built a formidable portfolio of 11 AI startups, primarily in the US, with a combined valuation of $43 billion. The firm has participated in 19 funding rounds since 2021, with a notable focus on US-based companies, many of which were founded by Indian entrepreneurs.

Tata Motors PV: No concern over Tata Sons-Trusts tussle we are listed company

Tata Motors PV: No concern over Tata Sons-Trusts tussle we are listed company

Rediff.com2 days ago

Tata Motors Passenger Vehicles (TMPV) Managing Director and CEO Shailesh Chandra stated that the ongoing tussle between Tata Sons and Tata Trusts is 'of no concern' to TMPV, as it is an independently listed company focused on its own strategy.

Sridhar Vembu: Why India Needs An Independent AI Strategy

Sridhar Vembu: Why India Needs An Independent AI Strategy

Rediff.com5 days ago

Zoho co-founder Sridhar Vembu argues that predictions of AI's catastrophic outcomes are overstated and a global pause in AI development is improbable. He urges India to adopt an independent AI strategy, focusing on extensive foundational R&D across sectors, while remaining wary of market monopolisation attempts by major tech players. Vembu also highlights concerns about AI's impact on human judgment, skill development, and job markets, particularly for junior professionals.

Arkhangelskiy, Son of Russian Political Refugees, Wins Asian Games Gold For Bahrain

Arkhangelskiy, Son of Russian Political Refugees, Wins Asian Games Gold For Bahrain

Rediff.com3 days ago

Michel Arkhangelskiy, whose family fled Russia as political opponents, clinched his first major title at the Asian Games, winning the 50-metre butterfly gold for Bahrain.

Stock Markets Today: Sensex, Nifty up in Volatile Trade

Stock Markets Today: Sensex, Nifty up in Volatile Trade

Rediff.com3 days ago

Indian benchmark indices Sensex and Nifty experienced volatile trading, influenced by elevated crude oil prices, high US bond yields, and selling pressure in IT stocks, despite an early rebound.

India's BoP pressure to remain a challenge, says Chief Economic Advisor

India's BoP pressure to remain a challenge, says Chief Economic Advisor

Rediff.com3 days ago

India's Chief Economic Advisor V Anantha Nageswaran stated that the country's balance of payments (BoP) pressure is expected to remain a continuous challenge due to rising imports, commodity dependence, high global interest rates, and intense competition for capital.

Salesforce Sees India Leading Global Agentic AI Innovation

Salesforce Sees India Leading Global Agentic AI Innovation

Rediff.com20 Sep 2026

Salesforce executives, including South Asia CEO Arundhati Bhattacharya, predict a significant shift in India towards wider enterprise AI adoption, moving from experimentation to production deployments. The company plans to invest in physical infrastructure and talent upskilling in India. Salesforce's vision for the "agentic enterprise" involves a four-layer architecture, emphasising the need for robust security and governance for autonomous agents. Executives also highlighted the evolving nature of jobs, with AI handling repetitive tasks and creating new specialised roles, positioning India as a potential leader in agentic innovation by 2030.

Industry Leaders Advocate AI And Agility For Business Growth

Industry Leaders Advocate AI And Agility For Business Growth

Rediff.com7 days ago

Industry leaders at an AIMA panel discussion emphasised the need for businesses to quickly adapt to changing market conditions and invest in technologies like artificial intelligence to build resilience and achieve long-term growth. They highlighted the current era of uncertainty driven by geopolitical tensions, supply chain disruptions, and rapid regulatory changes, stressing that tactical responses are as crucial as long-term strategy.

TVK urges Tamils in London not to gather for Vijay

TVK urges Tamils in London not to gather for Vijay

Rediff.com16 Sep 2026

Tamil Nadu Chief Minister C Joseph Vijay's planned meet-and-greet sessions with the Tamil diaspora in London have been cancelled due to public safety concerns and directives from the Metropolitan Police. The TVK party appealed to supporters to refrain from gathering, as CM Vijay is in the UK to attract investments, having already secured agreements worth Rs 12,300 crore.

F&O: When Trading Turns Into Gambling

F&O: When Trading Turns Into Gambling

Rediff.com6 days ago

88 per cent of individual traders lost money during FY26. Until we recognise gambling dressed up as option buying for what it is, we will keep treating the wrong disease, asserts Harsh Roongta.

ED Nabs Alleged Middleman In Punjab Police Corruption Case

ED Nabs Alleged Middleman In Punjab Police Corruption Case

Rediff.com7 days ago

The Enforcement Directorate has arrested Kirshanu Sharda, an alleged middleman for suspended Punjab Police DIG Harcharan Singh Bhullar, in a money laundering case. Sharda is accused of facilitating illegal gratification for Bhullar, with investigations revealing unexplained cash deposits and frozen assets worth over Rs 1.42 crore.

Stock Markets Today: Sensex, Nifty Tumble Amid Geopolitical Worries, Surging Crude Oil

Stock Markets Today: Sensex, Nifty Tumble Amid Geopolitical Worries, Surging Crude Oil

Rediff.com22 hours ago

Indian benchmark indices Sensex and Nifty experienced a significant downturn in early trade, with the Sensex tanking 730 points, driven by surging crude oil prices, escalating geopolitical uncertainties, and a weak trend observed across Asian markets.

Indian Oil to invest Rs 1 trillion in petchem projects over 5 years

Indian Oil to invest Rs 1 trillion in petchem projects over 5 years

Rediff.com4 Aug 2026

Indian Oil Corporation Ltd (IOCL) plans to invest approximately Rs 1 trillion in petrochemical projects over the next five to six years, aiming to significantly increase its petrochemical intensity and production capacity to meet growing domestic demand.

6 IPOs Take Stage In Record Debut-Day Rush

6 IPOs Take Stage In Record Debut-Day Rush

Rediff.com18 Sep 2026

Six companies made their stock market debut on Thursday, setting a new record for the most mainboard listings on a single day since at least 1996.

Stock Markets Today: Sensex, Nifty in Red; BSE tanked over 600 points

Stock Markets Today: Sensex, Nifty in Red; BSE tanked over 600 points

Rediff.com4 days ago

Indian benchmark indices, Sensex and Nifty, experienced a significant drop in early trade, with the Sensex falling over 600 points, primarily due to crude oil prices surging past the USD 100 per barrel mark and weak global market trends. Track Sensex, Nifty on September 24.

Sebi Reviews UPI Charges For Brokers

Sebi Reviews UPI Charges For Brokers

Rediff.com18 Sep 2026

'Treating stock brokers as merchants for MDR is fundamentally misplaced.'

Guess How Much DIIs Invested In Indian Equities?

Guess How Much DIIs Invested In Indian Equities?

Rediff.com1 Aug 2026

DIIs invested $22.8 billion in Indian equities in Q2CY26.

Sitharaman: GST Council to tackle process reforms, digital economy tax complexities

Sitharaman: GST Council to tackle process reforms, digital economy tax complexities

Rediff.com17 Sep 2026

Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.

Trump announces deal for 'permanent US control' over Greenland

Trump announces deal for 'permanent US control' over Greenland

Rediff.com19 Sep 2026

Trump has announced an 'Infinite Life' agreement with Denmark and Greenland, claiming it grants the United States permanent control over security and the ability to prevent adversaries from establishing a military presence or making sensitive investments on the strategically vital Arctic island.

Stock Markets Today: Sensex, Nifty Pare Early Gains; Now Trading in Red

Stock Markets Today: Sensex, Nifty Pare Early Gains; Now Trading in Red

Rediff.com6 days ago

Indian benchmark indices Sensex and Nifty opened higher, extending gains from the previous session, driven by a rally in global markets and a slight cooling in crude oil prices. Optimism around a potential meeting between US and Iranian presidents also contributed to positive sentiment.Later both indices pared gains and were trading in red. Track Sensex, Nifty on September 22.

Can India Fix Its Growing Student Housing Crisis?

Can India Fix Its Growing Student Housing Crisis?

Rediff.com6 days ago

India's student housing shortage is widening, but high land costs, weak rental yields and regulatory hurdles are keeping organised developers away.

Trump Can't Concede Defeat; He Doesn't Know How To Win

Trump Can't Concede Defeat; He Doesn't Know How To Win

Rediff.com19 hours ago

There are only bad and worse options before him, points out Aakar Patel.

ED charges EaseMyTrip co-founder Pitti in Mahadev online betting app case

ED charges EaseMyTrip co-founder Pitti in Mahadev online betting app case

Rediff.com7 days ago

EaseMyTrip co-founder Nishant Pitti has been chargesheeted by the Enforcement Directorate in the Mahadev online betting app money laundering case. He is accused of facilitating illegal betting proceeds into the equity market via foreign portfolio investments, with his DEMAT shares worth Rs 59.60 crore provisionally attached. Pitti denies knowledge of the chargesheet and vows to cooperate, while the ED alleges his involvement in stock price manipulation and layering crime proceeds.