Search results for 'business unit'

RBI introduces new business correspondent norms to expand banking access

RBI introduces new business correspondent norms to expand banking access

Rediff.com7 Apr 2026

The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

Rediff.com4 Jun 2026

Indian companies are increasingly opting for demergers, with 29 deals valued at over $40 billion in 2025 alone, marking a 10-year high, as promoters and boards recognise that markets favour focused businesses over complex conglomerates.

Man United beat Chelsea, Wolves on brink of relegation

Man United beat Chelsea, Wolves on brink of relegation

Rediff.com19 Apr 2026

Matheus Cunha struck just before half-time to earn Manchester United a 1-0 victory at luckless Chelsea on Saturday, taking them a big step closer to Champions League football next season.

Rupee Exchange Rate Is Not Just A Number

Rupee Exchange Rate Is Not Just A Number

Rediff.com6 Jul 2026

If we really want to curb the further depreciation of the rupee and make the rupee appreciate, we want to come out of the mindset that the exchange rate is merely a number, bring policy corrections to help reduce the outflow of foreign exchange by imposing suitable tariffs to discourage imports and bring self reliance, discipline FPIs, and correcting rules governing royalty outflows, suggests Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.

How Hydration Breaks Are Reshaping Tactics at the 2026 World Cup

How Hydration Breaks Are Reshaping Tactics at the 2026 World Cup

Rediff.com22 Jun 2026

FIFA's new hydration breaks at the 2026 World Cup have sparked controversy, with coaches including Marcelo Bielsa and Gustavo Alfaro claiming they disrupt football's rhythm and serve commercial interests more than player welfare.

No word on India-US interim trade deal as tariff deadline looms

No word on India-US interim trade deal as tariff deadline looms

Rediff.com24 Jun 2026

India and the United States have reviewed progress on a proposed interim bilateral trade agreement, discussing market access, digital trade, and non-tariff barriers, as they race to finalise a deal before a temporary 10 per cent US tariff regime expires on July 24.

India Post's Biggest Makeover in 150 Years

India Post's Biggest Makeover in 150 Years

Rediff.com27 Jun 2026

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.

World Cup 2026 Set to Shatter All-Time Sports Gambling Records

World Cup 2026 Set to Shatter All-Time Sports Gambling Records

Rediff.com25 Jun 2026

World Cup 2026 is on track to become the biggest betting event in history, with global wagers expected to exceed $50 billion as sportsbooks report record-breaking activity driven by the expanded tournament format and growing legal gambling markets.

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Rediff.com24 Jun 2026

Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

Rediff.com13 May 2026

Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.

'What Happened With Anthropic Is A Wake-Up Call'

'What Happened With Anthropic Is A Wake-Up Call'

Rediff.com24 Jun 2026

'It shows that access to these technologies cannot be taken for granted.'

Drones To Drive India's Logistics And Clean Tech Growth

Drones To Drive India's Logistics And Clean Tech Growth

Rediff.com15 Jun 2026

A new study predicts a 55 per cent surge in drone deployment across India's logistics and clean tech sectors over the next three years, driven by rapid digitalisation and the need for faster, more sustainable solutions. The Indian logistics market is projected to nearly double to USD 428.7 billion by 2033, highlighting a significant transformation in these key industries.

Protection products fuel double-digit VNB growth for major life insurers

Protection products fuel double-digit VNB growth for major life insurers

Rediff.com3 Jun 2026

Major life insurers in India reported close to double-digit growth in the value of new business (VNB) last financial year, primarily driven by increased sales of high-margin protection and non-participating (non-par) products.

TN CM Vijay carries forward DMK govt-initiated Rs 38,000-crore Hyundai project

TN CM Vijay carries forward DMK govt-initiated Rs 38,000-crore Hyundai project

Rediff.com19 Jun 2026

Tamil Nadu's new government, led by C Joseph Vijay, is committed to advancing the ~38,000 crore shipbuilding project with HD Hyundai in Thoothukudi, securing bipartisan support from the Opposition DMK, despite initial industry concerns about policy continuity after the change in leadership.

BMW has maxi plans for Mini Cooper, drive into Tier 2 markets

BMW has maxi plans for Mini Cooper, drive into Tier 2 markets

Rediff.com13 Jun 2026

The luxury carmaker plans to drive growth through local assembly of the MINI Countryman, expansion into 10 new cities and a broader product portfolio.

FIFA World Cup PIX: Thousands of Colombia Fans Paint Mexico Yellow

FIFA World Cup PIX: Thousands of Colombia Fans Paint Mexico Yellow

Rediff.com18 Jun 2026

Thousands of Colombian football fans transformed Mexico City into a vibrant yellow sea, celebrating their national team's 3-1 victory over Uzbekistan in their World Cup opener. The city's streets and restaurants buzzed with supporters enjoying Colombian food, music, and a strong cultural connection, making the Estadio Azteca feel like a home venue for the victorious team.

'US Thought They Could Pressurise India'

'US Thought They Could Pressurise India'

Rediff.com29 Jun 2026

'They talked bad about our leaders. They said India was a dead economy. They were not sensitive to the Indian psyche.'

Indian Women's Hockey Team Eyes Undefeated Pool Run Against Uruguay

Indian Women's Hockey Team Eyes Undefeated Pool Run Against Uruguay

Rediff.com17 Jun 2026

The Indian women's hockey team, having already secured a semifinal spot in the FIH Nations Cup, is set to face lower-ranked Uruguay in their final pool match. India aims to maintain their undefeated record and bolster confidence, especially as winning this tournament is crucial for their return to the elite FIH Pro League after being relegated last season. Coach Sjoerd Marijne hopes for improved field goal conversions and may experiment with combinations ahead of the World Cup and Asian Games.

Amid 'Operation Tiger' buzz, Uddhav convenes his LS MPs; all 9 attend

Amid 'Operation Tiger' buzz, Uddhav convenes his LS MPs; all 9 attend

Rediff.com14 Jun 2026

Amid intense speculation that some Shiv Sena-Uddhav Balasaheb Thackeray MPs might switch sides, party chief Uddhav Thackeray on Sunday held a meeting of his faction's Lok Sabha MPs, which all nine lawmakers attended either virtually or in person.

Father's Day: Fathers Of 18 Famous Indians

Father's Day: Fathers Of 18 Famous Indians

Rediff.com21 Jun 2026

Who are the special fathers of these famous Indians? The paternal figures responsible for putting them on the right path and helping them find greatness.

India-UK trade pact: 85% of India's exports out of British steel measures

India-UK trade pact: 85% of India's exports out of British steel measures

Rediff.com17 Jun 2026

India has successfully negotiated the protection of its steel export interests under the free trade agreement with the UK, ensuring 85 per cent of its outbound shipments remain outside Britain's steel safeguard measures. This consensus addresses a key sticking point ahead of the comprehensive economic and trade agreement (CETA) coming into force on July 15.

Maruti Suzuki's mini-car sales jump 147% in April-May as production eases

Maruti Suzuki's mini-car sales jump 147% in April-May as production eases

Rediff.com2 Jun 2026

Maruti Suzuki India reported a significant 147 per cent year-on-year increase in mini-car sales (Alto and S-Presso) during April-May 2026, reaching 32,341 units, driven by eased production constraints and a surge in demand for CNG vehicles amidst rising fuel prices.

Want To Own Ultra-Exclusive Cars?

Want To Own Ultra-Exclusive Cars?

Rediff.com15 Jun 2026

'I own a few cars that I have had specified minutely to my taste, and it does feel nice to know that there are no other vehicles like them anywhere in the world.'

Mammootty's 10 Best Roles From This Decade

Mammootty's 10 Best Roles From This Decade

Rediff.com26 Jun 2026

From Peranbu to Bramayugam, Padma Bhushan winner Mammootty's recent filmography is proof that legends can keep reinventing themselves, even post 70.

Iran team arrive in US for FIFA World Cup opener as the two nations reach peace deal

Iran team arrive in US for FIFA World Cup opener as the two nations reach peace deal

Rediff.com15 Jun 2026

Iran's soccer team arrived in the United States for the first time at this World Cup on Sunday, landing at Los Angeles International Airport and holding a press conference on the same day that a peace deal between the two nations was announced.

Trump turns 80, hosts UFC fight night at White House

Trump turns 80, hosts UFC fight night at White House

Rediff.com14 Jun 2026

The White House on Sunday is witnessing a "fight night" in an octagon-shaped cage as the Ultimate Fighting Championship (UFC) fighters slug it out in the marquee event on the South Lawn on a day President Donald Trump turned 80.

Ahmed Khan: 'Akshay Kumar-Suniel Shetty Did Disturb Us But...'

Ahmed Khan: 'Akshay Kumar-Suniel Shetty Did Disturb Us But...'

Rediff.com25 Jun 2026

'Without sugar coating things, I could tell Akshay (Kumar) and Rajpal (Yadav) aisa mat kar (don't do that), remind Anna (Suniel Shetty) that it was a just a 'back' shot and point out to Paresh (Rawal) bhai that since he was not in focus, so he didn't have to give too many expressions.'

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Rediff.com23 Jun 2026

'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'

International flights to start from Navi Mumbai airport from July 15

International flights to start from Navi Mumbai airport from July 15

Rediff.com18 Jun 2026

The Adani Group-owned Navi Mumbai International Airport is slated to commence international passenger and freighter operations from July 15. This marks a significant expansion for the airport, which began domestic services last December. Air India Express and IndiGo are expected to operate international flights, with customs readiness reviews already completed. The airport anticipates a substantial increase in daily passenger footfall and air traffic movements by the year-end.

Like Zubeen Garg, Cong works to unite people: Rahul Gandhi

Like Zubeen Garg, Cong works to unite people: Rahul Gandhi

Rediff.com5 Apr 2026

Congress leader Rahul Gandhi has accused Assam Chief Minister Himanta Biswa Sarma of corruption and land grabbing, promising action if the Congress party wins the upcoming elections in Assam. Gandhi also criticised the BJP's governance and economic policies.

Argentina, Brazil, Germany win friendlies days before World Cup kick-off

Argentina, Brazil, Germany win friendlies days before World Cup kick-off

Rediff.com7 Jun 2026

Multi-champions Brazil, Argentina and Germany all won their preparatory games for the 2026 FIFA World Cup on Saturday, although by small margins, with former champion England and hopeful Portugal also securing victories.

FIFA World Cup: Can Qatar erase 2022 nightmare against Switzerland?

FIFA World Cup: Can Qatar erase 2022 nightmare against Switzerland?

Rediff.com12 Jun 2026

Qatar take on Switzerland in their World Cup opener on Saturday eager to shake off the pressure of expectation, coming in as back-to-back Asian champions with an urgent need to make amends for a dismal debut as hosts of the 2022 tournament.

Can Srini Pallia Revive Wipro?

Can Srini Pallia Revive Wipro?

Rediff.com2 Jun 2026

'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'

US Payment Giant Zelle Expands To India

US Payment Giant Zelle Expands To India

Rediff.com12 Jun 2026

Zelle, a major US peer-to-peer payment service, is set to launch in India by the end of this year, marking its first international expansion. The move aims to tap into India's large remittance market, offering a service similar to UPI but integrated with bank apps. Zelle also introduced ZelleUSD, a stablecoin for future global payment capabilities.

'What If A Mother's Daughter Goes Missing?'

'What If A Mother's Daughter Goes Missing?'

Rediff.com25 Jun 2026

'How will this woman find her? And how does that affect her, because it's not a biological relationship.'

India Inc payout to shareholders grows slower than profit for third straight year

India Inc payout to shareholders grows slower than profit for third straight year

Rediff.com17 Jun 2026

Shareholder payouts by India Inc, including dividends and buybacks, increased by 2.2 per cent year-on-year in FY26 to $5.06 trillion, but this growth lagged the 18.8 per cent rise in reported net profit for the third consecutive year, leading to the lowest dividend payout ratio in 12 years.

Trump Is Coming For Immigrant Brothers, Sisters, Aunties, Uncles...

Trump Is Coming For Immigrant Brothers, Sisters, Aunties, Uncles...

Rediff.com13 Jun 2026

Immigrants' contribution to the US economy is disproportionate to their share of the population, meaning that losing them would shrink the economy even more than losing a random group of Americans, points out Sree Sreenivasan.

Excited to bring world's biggest sporting spectacles to Indian audiences: Zee CEO

Excited to bring world's biggest sporting spectacles to Indian audiences: Zee CEO

Rediff.com1 Jun 2026

"Excited to bring world's biggest sporting spectacles to Indian audiences": Zee CEO Punit Goenka after securing FIFA broadcasting rights till 2034

Argentina retailers hit by wave of fake World Cup merch

Argentina retailers hit by wave of fake World Cup merch

Rediff.com29 May 2026

World Cup fever in Argentina, home of the defending champions, has boosted sales of counterfeit jerseys and soccer trading cards, sparking protests from retailers who are already under pressure from President Javier Milei's market-opening policies.

Pakistan's airstrikes on Afghanistan a violation of sovereignty, India tells UN

Pakistan's airstrikes on Afghanistan a violation of sovereignty, India tells UN

Rediff.com9 Jun 2026

India has strongly condemned Pakistan's military airstrikes against Afghanistan, citing significant civilian casualties, and criticised its 'trade and transit terrorism' against Afghan traders, calling these actions blatant violations of international law and UN norms.