Search results for 'Money manage'

SETL Invests Rs 500 Crore In AI Datacenter Sector With GScale Energy Acquisition

SETL Invests Rs 500 Crore In AI Datacenter Sector With GScale Energy Acquisition

Rediff.com5 days ago

Hyderabad-based SETL, a precision engineering company, has acquired a 51% majority stake in GScale Energy Private Limited, an AI Datacenter Engineering infrastructure specialist. This strategic move involves an initial investment of Rs 190 crore, with a total commitment of Rs 500 crore, marking SETL's expansion into the rapidly growing AI Datacenter sector and leveraging its expertise from pharmaceutical and chemical industries.

Tata Motors CV business pivots to logistics, mobility platforms for resilient growth

Tata Motors CV business pivots to logistics, mobility platforms for resilient growth

Rediff.com6 days ago

Tata Motors' commercial vehicle (CV) business is strategically repositioning itself from a traditional truck manufacturer to a comprehensive logistics and mobility platform, aiming to reduce dependence on cyclical vehicle demand by accelerating growth in digital, international, and services segments.

Decentro Secures Key Licence For Global Payment Services

Decentro Secures Key Licence For Global Payment Services

Rediff.com1 Jun 2026

Fintech platform Decentro has received final approval for a Payment Service Provider (PSP) licence from the IFSCA at GIFT City, enhancing its cross-border payment capabilities.

Centre tightens FCRA rules for NGOs receiving foreign funds

Centre tightens FCRA rules for NGOs receiving foreign funds

Rediff.com7 days ago

The Indian government has amended the Foreign Contribution Regulation Act (FCRA) rules, introducing stricter regulations for NGOs receiving foreign funds. Key changes include mandatory selection of predefined purposes and areas of operation, restrictions on foreign nationals as key functionaries, and explicit exclusion of proselytisation from certain faith-based activities. The amendments also introduce minimum spending limits, enhanced financial accountability, and increased transparency requirements, including social media disclosure and ultimate donor identification.

The Women Who Shaped My Life

The Women Who Shaped My Life

Rediff.com18 Jun 2026

The men in my family left early. The women stayed. And somewhere in between, they made me whoever I am, notes Binu Alex.

BJP rebel stuns Mahayuti, defeats Sena nominee in Nashik council polls

BJP rebel stuns Mahayuti, defeats Sena nominee in Nashik council polls

Rediff.com22 Jun 2026

BJP rebel Gokul Gite secured a surprising victory in Maharashtra legislative council's Nashik district local governing body constituency, defeating the ruling Shiv Sena nominee Narendra Darade by 109 votes, despite senior Mahayuti leaders' attempts to resolve his independent candidature.

Indian Pharma Bets Beyond US Generics

Indian Pharma Bets Beyond US Generics

Rediff.com5 days ago

Companies are investing heavily in complex injectables, respiratory therapies and biosimilars to improve margins and diversify portfolios.

VHP slams Bar Association's ban on defending Ram Temple fund scam accused

VHP slams Bar Association's ban on defending Ram Temple fund scam accused

Rediff.com14 hours ago

The Vishva Hindu Parishad (VHP) has strongly criticised the Faizabad Bar Association's resolution to prevent advocates from representing those accused in the alleged theft of donations from the Ram Janmabhoomi temple, calling the move 'unethical and unlawful' and a violation of constitutional principles and professional ethics.

Ram Temple donation scam: Champat Rai's statement recorded

Ram Temple donation scam: Champat Rai's statement recorded

Rediff.com16 hours ago

Shri Ram Janmabhoomi Teerth Kshetra Trust general secretary Champat Rai's statement has been recorded by Ayodhya police as part of the investigation into the alleged embezzlement of donations at the Ram temple, following his offer to resign over the controversy.

Sensex Sees Worst H1 Since 2020

Sensex Sees Worst H1 Since 2020

Rediff.com32 minutes ago

IT stocks had their worst first half fall in decades, with the Nifty IT index declining 31% in the January-June 2026 period, its biggest decline in the first six months of a calendar year since 2003.

How AI Is Reshaping Human Resources

How AI Is Reshaping Human Resources

Rediff.com21 Jun 2026

A recent survey reveals that Artificial Intelligence is becoming a central focus in human resource management, with a majority of professionals identifying it as a top priority for improving efficiency, reducing costs, and optimising workforce planning across various HR functions.

Sensex Drops 607 Points, Nifty Falls to 24,013 on IT Sell-off and Geopolitical Uncertainty

Sensex Drops 607 Points, Nifty Falls to 24,013 on IT Sell-off and Geopolitical Uncertainty

Rediff.com19 Jun 2026

Indian benchmark equity indices, Sensex and Nifty, ended lower after a five-day rally, with the Sensex dropping 607 points and the Nifty falling to 24,013.10. The decline was primarily driven by heavy selling in IT firms following Accenture's trimmed revenue guidance and renewed geopolitical uncertainty, specifically the postponement of US-Iran negotiations.

How To Choose A Retail Algo

How To Choose A Retail Algo

Rediff.com7 days ago

Algo strategies must be registered with stock exchanges.

How Delhi Police Uncovered A Prostitution Racket In Paharganj

How Delhi Police Uncovered A Prostitution Racket In Paharganj

Rediff.com14 Jun 2026

Delhi Police busted a prostitution racket operating under the guise of a spa in Paharganj, arresting one man and rescuing five women after a decoy operation.

Women's Cricket A Loss-Making Proposition For ICC

Women's Cricket A Loss-Making Proposition For ICC

Rediff.com5 Jun 2026

In the last decade, only two Women's World Cups (in 2020 and 2023) managed to generate profits.

India Post's Biggest Makeover in 150 Years

India Post's Biggest Makeover in 150 Years

Rediff.com4 days ago

India Post is reinventing itself from a traditional mail service into a modern logistics, e-commerce, and real estate powerhouse. Several post offices situated inside major university campuses, called Gen Z post offices, have received a facelift, with cafe-like decor and wi-fi availability.

Court denies bail to I-PAC co-founder in money laundering case

Court denies bail to I-PAC co-founder in money laundering case

Rediff.com29 Apr 2026

A Delhi court rejected I-PAC co-founder Vinesh Chandel's interim bail plea in a money-laundering case linked to an alleged coal scam, citing a lack of exceptional humanitarian grounds.

Reliance succession 'almost complete' as children take charge: Mukesh Ambani

Reliance succession 'almost complete' as children take charge: Mukesh Ambani

Rediff.com19 Jun 2026

Billionaire Mukesh Ambani announced that the transfer of day-to-day management responsibilities at Reliance Industries to his children, Akash, Isha, and Anant, is "almost complete," marking the final stages of a significant succession process for India's most valuable company.

ED summons Pinarayi Vijayan's daughter for questioning

ED summons Pinarayi Vijayan's daughter for questioning

Rediff.com9 Jun 2026

The investigation pertains to alleged irregularities in CMRL's financial transactions and its links with Veena's now-defunct company Exalogic Solutions Private Limited.

480 new entrants entered Indian automobile sector last year, mostly in EVs

480 new entrants entered Indian automobile sector last year, mostly in EVs

Rediff.com22 Jun 2026

India's electric vehicle market is experiencing an unprecedented boom with a 37 per cent increase in new entrants, driven by supportive policies and infrastructure.

'Heroines Still Get Paid Less Than Heroes'

'Heroines Still Get Paid Less Than Heroes'

Rediff.com1 days ago

'Heroes get private chartered planes while we don't even make as much money. Unfortunately, that discrimination still exits.'

Why Smallcaps Are Winning The Market Battle

Why Smallcaps Are Winning The Market Battle

Rediff.com5 days ago

The remarkable rise of smallcaps reflects the emergence of a broad set of specialised businesses operating in industries where the sectoral tailwinds remain considerably stronger than macroeconomic headwinds, points out Debashis Basu.

'Only Small Fish Have Been Caught For Ram Temple Theft'

'Only Small Fish Have Been Caught For Ram Temple Theft'

Rediff.com1 days ago

''These people who were running the show at the Ram temple have something to hide, therefore they are not ready for a CBI investigation.'

DoT notifies new telecom authorisation rules, replacing multiple licences

DoT notifies new telecom authorisation rules, replacing multiple licences

Rediff.com5 days ago

The Department of Telecommunications (DoT) has introduced a new authorisation regime, replacing multiple licences with a single permission for principal telecom services, aiming to simplify compliance and accommodate evolving technologies. This move is expected to ease business operations, enhance fraud prevention with AI, and expand connectivity, especially through satellite networks.

How Delhi Police Uncovered A Major Cyber Fraud Network

How Delhi Police Uncovered A Major Cyber Fraud Network

Rediff.com6 Jun 2026

Delhi Police have dismantled an interstate cyber fraud syndicate, arresting three key operatives involved in siphoning off money through unauthorised banking transactions. The police successfully froze approximately Rs 4 lakh of the Rs 4.82 lakh stolen from a victim's account and recovered numerous debit cards, SIM cards, and mobile phones used in the operation.

How Garuda Aerospace Is Expanding Its Global Drone Footprint

How Garuda Aerospace Is Expanding Its Global Drone Footprint

Rediff.com16 Jun 2026

Indian drone startup Garuda Aerospace has partnered with Extensee SAS to deploy Airbus' Flexrotor unmanned aerial vehicles internationally. This collaboration aims to leverage Extensee's operational expertise for various long-range autonomous missions, expanding Garuda Aerospace's Drone-as-a-Service offerings globally.

Air India May Restore Flight Cuts

Air India May Restore Flight Cuts

Rediff.com3 days ago

'We may be able to wind back some of the schedule reductions we'd taken in recent months.'

'You Need Khoon, Paseena, Mitti Ki Khushboo'

'You Need Khoon, Paseena, Mitti Ki Khushboo'

Rediff.com5 days ago

'All of that combined makes a Hindustani film.'

Court Orders Case Against 69 Indian Bank Staff In Rs 5 Crore Embezzlement

Court Orders Case Against 69 Indian Bank Staff In Rs 5 Crore Embezzlement

Rediff.com13 Jun 2026

Police in Gonda, Uttar Pradesh, have registered a case against 69 former and serving officers and employees of an Indian Bank branch for allegedly embezzling nearly Rs 5 crore from a union account. The case was filed following a court order after the accused failed to return the embezzled funds despite an earlier undertaking.

Airbound, Andhra sign MoU to build large-scale drone delivery network

Airbound, Andhra sign MoU to build large-scale drone delivery network

Rediff.com4 days ago

The initiative is expected to begin with operations in Guntur, with both parties working towards enabling 10,000 daily drone flights across Andhra Pradesh over the coming year, a scale that could position the state among the largest commercial drone delivery networks globally.

Sebi Reintroduces Open-Market Buybacks, Eases Debt Listing Norms

Sebi Reintroduces Open-Market Buybacks, Eases Debt Listing Norms

Rediff.com21 Jun 2026

India's market regulator, Sebi, has approved the re-introduction of open-market share buybacks through stock exchanges, effective August 1, 2026, alongside easing debt listing norms for RBI-regulated entities and simplifying rules for mutual funds and alternative investment funds.

Jio to develop sovereign LEO satellite constellation, partner global providers

Jio to develop sovereign LEO satellite constellation, partner global providers

Rediff.com19 Jun 2026

Jio Platforms managing director Akash Ambani announced plans for Jio to develop a sovereign Low Earth Orbit (LEO) satellite constellation and partner with global providers to extend connectivity to remote areas of India, aiming to strengthen India's self-reliance in space.

The Silent Storm: Mercedes-Benz Launches Its First Ever Plug-In Hybrid S-Class in India

The Silent Storm: Mercedes-Benz Launches Its First Ever Plug-In Hybrid S-Class in India

Rediff.com16 Jun 2026

Say hello to the S 450 e Launch Edition. Priced at 2.20 crore upwards.

How India's AI Job Market Is Evolving Beyond Experimentation

How India's AI Job Market Is Evolving Beyond Experimentation

Rediff.com17 Jun 2026

A new report reveals a significant shift in India's AI hiring landscape, moving from experimental roles to those focused on deployment, integration, and scaling of AI solutions. Employers, including GCCs, IT services, and enterprises, are increasingly seeking professionals who can implement AI across core business operations, leading to a demand for core AI roles that currently outstrips the available supply.

The Lifestyle Inflation Trap: Is Earning More Actually Making You Poor?

The Lifestyle Inflation Trap: Is Earning More Actually Making You Poor?

Rediff.com6 days ago

Rising income feels like success but unchecked lifestyle inflation traps urban professionals into financing a more expensive version of living paycheck-to-paycheck -- buying material upgrades instead of true future financial freedom.

Can SIPs Help You Live Debt-Free?

Can SIPs Help You Live Debt-Free?

Rediff.com18 Jun 2026

A simple SIP-first approach can help reduce debt, avoid EMIs and build lasting financial freedom through disciplined spending, advises Ramalingam Kalirajan

Emirates NBD buys majority stake in RBL Bank for $2.75 bn

Emirates NBD buys majority stake in RBL Bank for $2.75 bn

Rediff.com18 Jun 2026

Emirates NBD Bank has successfully acquired a 60 per cent majority stake in RBL Bank through a primary capital infusion of approximately USD 2.75 billion, marking the largest foreign direct investment in India's banking sector.

Why Is RBI Buying Billions Of Dollars?

Why Is RBI Buying Billions Of Dollars?

Rediff.com19 Jun 2026

The rupee has been among the The RBI uses the Iran-US peace deal to bolster its forex reserves.

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Rediff.com5 days ago

Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.

Stock Markets Today: Sensex, Nifty Rebound as Geopolitical Tensions Ease

Stock Markets Today: Sensex, Nifty Rebound as Geopolitical Tensions Ease

Rediff.com9 Jun 2026

Indian benchmark indices Sensex and Nifty rebounded in early trade, tracking a recovery in global equity markets and an easing of hostilities between Israel and Iran, after a sharp fall in the previous session.