Search results for 'business'

Stock Markets Today: Sensex, Nifty Tumble, HDFC Bank, Oil Spike Hurt Sentiments

Stock Markets Today: Sensex, Nifty Tumble, HDFC Bank, Oil Spike Hurt Sentiments

Rediff.com20 hours ago

Indian benchmark indices Sensex and Nifty experienced a significant tumble in early trade, primarily driven by heavy selling in HDFC Bank following its quarterly earnings and a sharp spike in Brent crude oil prices due to escalating tensions between the US and Iran. Track Sensex, Nifty

Karnataka announces India's first govt-driven AI university

Karnataka announces India's first govt-driven AI university

Rediff.com6 days ago

Karnataka Chief Minister D K Shivakumar announced the establishment of India's first government-driven Artificial Intelligence University and an AI Hub in Bengaluru. This initiative aims to position Karnataka as a global leader in responsible AI innovation, fostering talent, research, and collaboration. The state seeks to become an AI-native state, leveraging AI to improve governance and daily life across various sectors.

Vikram-1, India's first privately-built orbital rocket, to lift off on July 18

Vikram-1, India's first privately-built orbital rocket, to lift off on July 18

Rediff.com4 days ago

Skyroot Aerospace is set to launch the maiden test flight of its orbital-class rocket, Vikram-1, from SDSC-SHAR on July 18, marking a significant milestone for India's private sector in the global launch business.

RBI directs bank boards to sharpen strategic focus, effective Oct 2026

RBI directs bank boards to sharpen strategic focus, effective Oct 2026

Rediff.com5 days ago

The Reserve Bank of India (RBI) has issued amended directions for bank boards, effective October 1, 2026, to rationalise agenda items and enable more focused engagement on strategy and risk governance, while explicitly defining matters reserved for board approval and periodically reviewing delegated powers.

Net direct tax revenue rises 16.4%

Net direct tax revenue rises 16.4%

Rediff.com5 days ago

India's net direct tax collections have surged by 16.4 per cent year-on-year to 6.51 trillion as of July 13, primarily driven by robust growth in corporate tax receipts, according to provisional data from the Central Board of Direct Taxes (CBDT).

Naviq Technology To Revolutionise Global Travel With $500 Million AI Investment

Naviq Technology To Revolutionise Global Travel With $500 Million AI Investment

Rediff.com9 Jul 2026

IBS Group has launched Naviq Technology, an artificial intelligence company dedicated to the global travel industry, backed by a substantial USD 500 million investment over the next five years. The new venture aims to partner with major travel players to drive business transformations, modernise operations, and leverage AI for new revenue streams, with plans for significant job creation in India.

How EY India's New Platform Quantifies Cyber Risk In Real-Time

How EY India's New Platform Quantifies Cyber Risk In Real-Time

Rediff.com9 Jul 2026

EY India has launched its Cyber Performance Management (CPM) platform, an integrated solution designed to help enterprises quantify and manage cyber risk in real-time. This platform leverages AI and cybersecurity to provide decision intelligence, enabling organisations to identify and address threats proactively and translate cyber exposure into financial insights.

Smallcap Funds Surge; Experts Urge Discipline

Smallcap Funds Surge; Experts Urge Discipline

Rediff.com8 Jul 2026

Smallcap funds give investors access to businesses that can grow much faster than the broader economy.

India's Top 100 Brands Hit $253 Billion

India's Top 100 Brands Hit $253 Billion

Rediff.com5 days ago

LIC is the only brand in the Brand Finance India 100 2026 report that has a top five rank in both brand value and brand strength.

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Rediff.com10 hours ago

Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Rediff.com11 hours ago

Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.

Why Such Fuss About Tata Sons Listing!

Why Such Fuss About Tata Sons Listing!

Rediff.com6 days ago

In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.

Nykaa's next glow-up lies in margin gains

Nykaa's next glow-up lies in margin gains

Rediff.com4 days ago

FSN E-Commerce Ventures (Nykaa) reported nearly 30 per cent year-on-year revenue growth in Q1FY27, marking its highest revenue growth in 13 quarters, primarily driven by accelerated expansion in its fashion segment.

Argentina Players Display Political Banner After World Cup Victory, Spark Row

Argentina Players Display Political Banner After World Cup Victory, Spark Row

Rediff.com3 days ago

Argentina's football players displayed a political banner claiming "The Falklands are Argentine" after their World Cup semi-final win against England, potentially violating FIFA's code of conduct.

Monsoon Getaways Drive Travel Bookings

Monsoon Getaways Drive Travel Bookings

Rediff.com3 days ago

Popular monsoon destinations include Kerala, Goa, Wayanad, Munnar, Mussoorie, Nainital, Bali, Thailand and the Maldives.

VS Rathanvel secures Grandmaster title as India nears historic 100th GM mark

VS Rathanvel secures Grandmaster title as India nears historic 100th GM mark

Rediff.com2 days ago

V S Rathanvel has become India's 99th Grandmaster, fulfilling a five-year dream after crossing the 2500 Elo rating mark at the Guwahati Smart City International Open 2026. His achievement brings India closer to the landmark 100th GM milestone, marking a significant moment for Indian chess.

Q1 Earnings, West Asia Tensions, Crude Oil to Drive Market Movement This Week

Q1 Earnings, West Asia Tensions, Crude Oil to Drive Market Movement This Week

Rediff.com1 days ago

Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.

The Retirement Crisis Nobody Talks About

The Retirement Crisis Nobody Talks About

Rediff.com10 Jul 2026

Behind the aesthetics of an entrepreneurial lifestyle lies a silent financial crisis that nobody is talking about: Freelancers are sprinting toward a retirement brick wall.

'Rats, flies': FDA suspends licence of Mumbai's iconic Rustom ice cream over hygiene

'Rats, flies': FDA suspends licence of Mumbai's iconic Rustom ice cream over hygiene

Rediff.com9 Jul 2026

Maharashtra FDA has suspended the license of Mumbai's renowned 'Rustom' ice cream outlet due to serious food safety and hygiene violations, including live rats, houseflies, and expired food items.

Private Banks Stocks Outshine PSU Peers In FY27

Private Banks Stocks Outshine PSU Peers In FY27

Rediff.com5 days ago

'Banking is the only sector that can see double-digit growth in FY27.'

Andhra Covid Deaths Trigger Southern Alert

Andhra Covid Deaths Trigger Southern Alert

Rediff.com5 days ago

'There is no need for panic as there is widespread protective immune memory in the population from vaccination as well as prior infections.'

Bhagyashri Borse Is Living In A...

Bhagyashri Borse Is Living In A...

Rediff.com6 days ago

Some people dress for the occasion. Bhagyashri Borse dresses like she's about to bump into the love of her life in the middle of a flower field.

Skyroot's Success Changes India's Space Future

Skyroot's Success Changes India's Space Future

Rediff.com18 hours ago

'The Indian private space sector is no longer a high-risk bet; it is a highly bankable, globally competitive asset class capable of easing the global small satellite launch bottleneck.'

FIFA World Cup: Messi's Last Dance? Argentina Boss Breaks Silence

FIFA World Cup: Messi's Last Dance? Argentina Boss Breaks Silence

Rediff.com2 days ago

Defending champions Argentina are motivated by their passionate fans to win the World Cup again, with manager Lionel Scaloni and goalkeeper Emiliano Martinez highlighting the emotional connection with supporters as a key driver ahead of their final clash with Spain.

Tamil Nadu CM Vijay to meet Karur stampede victims' kin, offer jobs

Tamil Nadu CM Vijay to meet Karur stampede victims' kin, offer jobs

Rediff.com9 Jul 2026

Tamil Nadu Chief Minister C Joseph Vijay is set to visit Karur for a crucial public interaction, where he will address victims of last year's stampede, distribute welfare, and lay the foundation stone for a major Rs 1,700 crore footwear manufacturing factory.

Gurugram Hotel Owner Kidnapped Over Business Rivalry

Gurugram Hotel Owner Kidnapped Over Business Rivalry

Rediff.com27 Apr 2026

Gurugram Police arrested two men for allegedly kidnapping and assaulting a hotel owner, threatening him to shut down his business due to competition.

SBI Boosts YONO Platform With New AI Features And Digital Journeys

SBI Boosts YONO Platform With New AI Features And Digital Journeys

Rediff.com1 Jul 2026

State Bank of India has launched a suite of AI-powered digital innovations on its YONO platform, enhancing both retail and business banking services. These new features include a 3-in-1 digital onboarding process, a sustainability tracker, integrated trade finance, and an AI virtual assistant, aiming to provide intelligent and future-ready banking experiences for its 53 crore customers.

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

Rediff.com7 Jul 2026

India's securitisation market achieved its highest-ever first-quarter performance, reaching approximately 60,000 crore, a 22 per cent year-on-year increase, primarily driven by Non-banking financial companies (NBFCs) and a significant surge in gold loan securitisation.

Dubai's Danube targets $4 bn launches in FY27

Dubai's Danube targets $4 bn launches in FY27

Rediff.com6 Jul 2026

Dubai-based Danube Group plans to launch projects with a combined sales potential of approximately $4 billion in fiscal year 2026-27 (FY27), adopting a more selective approach to new developments as the Emirati property market enters a correction phase.

Blue-chip buying propels Sensex up 965 points, Nifty crosses 24,330

Blue-chip buying propels Sensex up 965 points, Nifty crosses 24,330

Rediff.com3 days ago

Indian stock markets witnessed a significant rally, with the Sensex climbing 964.58 points and the Nifty reaching 24,330, driven by strong buying in blue-chip stocks, particularly in the IT and banking sectors, amidst optimism over Q1 earnings and a shift towards large-cap investments.

Hormuz Crisis Exposes India's Energy Risks

Hormuz Crisis Exposes India's Energy Risks

Rediff.com19 hours ago

Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.

Google Bets Big on India's AI Future

Google Bets Big on India's AI Future

Rediff.com5 days ago

The aim is to win over the country's enterprises, developers and startups as AI systems shift from answering questions to autonomously executing tasks.

New Funds For Indian Cinema!

New Funds For Indian Cinema!

Rediff.com11 Jul 2026

New financial investment funds, including Filmoney Global and CineNow, are entering the 22,000 crore Indian film business, aiming to establish Indian cinema as a new asset class for high-net-worth individuals and institutions, similar to the IPL.

India's Services Sector Growth Hits 17-Month Low Amidst Softer Domestic Demand

India's Services Sector Growth Hits 17-Month Low Amidst Softer Domestic Demand

Rediff.com3 Jul 2026

India's services sector growth experienced a significant slowdown in June, reaching a 17-month low due to challenging market conditions and reduced domestic client interest, as indicated by the HSBC India Services PMI Business Activity Index.

Foreign Universities Hire Indian Faculty

Foreign Universities Hire Indian Faculty

Rediff.com8 Jul 2026

Faculty recruitment is conducted directly by universities using global hiring standards while complying with Indian regulations.

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Rediff.com5 days ago

Adani Properties has emerged as the largest value creator in the 2026 Grohe-Hurun India Real Estate 150, adding Rs 38,000 crore in valuation to become India's fourth-most valuable real estate company, with its valuation rising 72.5 per cent year-on-year to Rs 90,400 crore.

J-K's Doda tense after SOG firing kills man; 3 cops hurt, internet suspended

J-K's Doda tense after SOG firing kills man; 3 cops hurt, internet suspended

Rediff.com3 days ago

A 30-year-old man was killed and three Special Operations Group (SOG) personnel were injured during a firing incident following an alleged attempt to snatch a service rifle in the Jaie area of Jammu and Kashmir's Doda district, officials said.

Why Is BMW Losing Profit Even After Selling More Cars?

Why Is BMW Losing Profit Even After Selling More Cars?

Rediff.com3 days ago

BMW Group India says every Re 1 depreciation in the rupee against the euro trims its profit margin by about 1 per cent, prompting the company to consider further price increases.

Why Indians Thrive Overseas

Why Indians Thrive Overseas

Rediff.com7 days ago

India too can rise to the top if the 1.4 billion Indians back home are given better opportunities to use their innate talent and capacity to work hard, with right incentives in a more meritocratic rules-based system, asserts Ajay Chhibber.

Why EPFO Mandated 25% PF Balance

Why EPFO Mandated 25% PF Balance

Rediff.com3 days ago

EPFO said the measure could substantially improve retirement outcomes with nearly half its members expected to see an increase of up to 35 times in their old-age savings.