Search results for 'company'

West Bengal Government Launches Probe Into Alleged Rs 635 Crore Irregularities In Business Summits

West Bengal Government Launches Probe Into Alleged Rs 635 Crore Irregularities In Business Summits

Rediff.com12 Jun 2026

West Bengal's BJP government, led by Chief Minister Suvendu Adhikari, has announced a probe into the expenditure of the Bengal Global Business Summit (BGBS) organised during the previous TMC regime. Adhikari alleged that an event management firm was paid Rs 635 crore for various editions of the summit, promising strict action against those found responsible for financial irregularities.

Delhi HC quashes cases against NewsClick, editor Prabir Purkayastha

Delhi HC quashes cases against NewsClick, editor Prabir Purkayastha

Rediff.com10 Jun 2026

The Delhi High Court has quashed cases registered by the Delhi Police and the Enforcement Directorate against news portal NewsClick and its editor-in-chief Prabir Purkayastha, citing that the continuation of the FIR was 'a gross abuse of the process of law' and the investment was an economic decision that 'did not spell out any criminal offence'.

Airtel Defends Its Priority Postpaid Plans

Airtel Defends Its Priority Postpaid Plans

Rediff.com6 Jun 2026

Airtel, which upgraded all postpaid customers to priority plans, argued that the service did not throttle or degrade the experience for its prepaid customers, forming the majority of its 368 million customers in the country.

Indian Pharma Firms Deepen US Investment in Specialty Drugs Amidst Generic Pressure

Indian Pharma Firms Deepen US Investment in Specialty Drugs Amidst Generic Pressure

Rediff.com2 Jun 2026

Indian pharmaceutical companies are strategically increasing investments in the US market, focusing on specialty drugs, complex generics, respiratory products, and local manufacturing, despite a nearly 10 per cent fall in exports to the US in FY26 due to pricing pressure and competition in traditional generics.

Ab Hoga Hisaab Review: Muddled Revenge Drama

Ab Hoga Hisaab Review: Muddled Revenge Drama

Rediff.com18 Jun 2026

Dive into the chaotic world of Ab Hoga Hisaab, a revenge drama that attempts to weave a complex narrative of crime and retribution but often loses its way amidst a multitude of bizarre subplots, notes Deepa Gahlot.

Army inducts 106 indigenous Agniveg drones for deep precision strikes

Army inducts 106 indigenous Agniveg drones for deep precision strikes

Rediff.com11 Jun 2026

A tech firm has delivered to the Army 106 turbojet-powered kamikaze drones designed to engage high-value targets deep inside enemy territory and operate in contested electromagnetic environments, according to a statement.

Adani Group And Embraer Choose Dholera For Regional Jet Assembly

Adani Group And Embraer Choose Dholera For Regional Jet Assembly

Rediff.com16 Jun 2026

Adani Group and Brazilian aerospace firm Embraer have selected Dholera, Gujarat, as the location for a final assembly line for Embraer's regional jets. This strategic collaboration, formalised by an MoU in January, aims to boost India's Regional Transport Aircraft programme and align with the Aatmanirbhar Bharat initiative and UDAN scheme. Embraer sees immense potential in the Indian market across various aviation segments.

Don't Blindly Trust Your Form 16

Don't Blindly Trust Your Form 16

Rediff.com19 Jun 2026

Salaried taxpayers should not use these forms blindly to file their income-tax returns.

JK cardiologist suspended for operating on healthy hearts

JK cardiologist suspended for operating on healthy hearts

Rediff.com20 Jun 2026

A doctor in Anantnag, Jammu and Kashmir, has been suspended following an inquiry into alleged large-scale procedural irregularities, including a pacemaker implantation scam where nearly 50 per cent of evaluated patients underwent unnecessary advanced cardiac surgical procedures. The inquiry revealed fraudulent insurance claims, patient exploitation, and manipulation of medical records.

Ekta Kapoor:'You Can't Make A Business Out Of Doomscrolling'

Ekta Kapoor:'You Can't Make A Business Out Of Doomscrolling'

Rediff.com20 Jun 2026

'Of our population of 1.4 billion, 80 per cent are into doomscrolling.'

Capital Market Firms Post Strong Q4 Growth Amidst MTM Headwinds

Capital Market Firms Post Strong Q4 Growth Amidst MTM Headwinds

Rediff.com5 Jun 2026

Listed capital market companies in India delivered strong fourth-quarter earnings growth, with a universe of 12 firms posting 30 per cent year-on-year revenue growth and 19 per cent earnings growth in Q4FY26, despite mark-to-market (MTM) losses impacting headline profitability for some.

'PhysicsWallah Targets 30% Revenue Growth In FY27'

'PhysicsWallah Targets 30% Revenue Growth In FY27'

Rediff.com5 Jun 2026

Ed-tech unicorn PhysicsWallah is strategically targeting a 30% revenue improvement by FY27, leveraging AI-led automation, aggressive expansion into southern Indian markets, and a strong focus on student learning outcomes and enrolment growth.

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Geopolitical Tensions, AI Risks Prompt Citi to Cut Nifty Target to 26,000

Rediff.com12 Jun 2026

Global brokerage Citi has reduced its Nifty 50 index target to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India's role in the global artificial intelligence (AI) ecosystem.

'Education Minister Must Resign'

'Education Minister Must Resign'

Rediff.com2 Jun 2026

'The software vendor had a black mark against him and yet they went ahead with him. Why was this company shortlisted? Who is responsible for signing off this software?'

Want To Make India's Heaviest Rocket, LVM3?

Want To Make India's Heaviest Rocket, LVM3?

Rediff.com12 Jun 2026

The EoI comes at a time when ISRO is working to enhance LVM3's payload capacity to five tonnes in GTO and is also evaluating the procurement of a Russian semi-cryogenic engine for the vehicle's second stage.

ED to move Supreme Court against clean chit to NewsClick in PMLA case

ED to move Supreme Court against clean chit to NewsClick in PMLA case

Rediff.com11 Jun 2026

The Enforcement Directorate (ED) is set to appeal the Delhi High Court's decision to quash a money laundering case against news portal NewsClick and its editor-in-chief Prabir Purkayastha, arguing that the High Court 'overlooked or left unaddressed' critical contentions regarding alleged FDI rule violations and false representations to authorities.

Why Investors Are Exiting Gold

Why Investors Are Exiting Gold

Rediff.com18 Jun 2026

The case for long-term investment in gold, however, remains intact.

Magicpin's AI Assistant Vera Aims To Double Merchant Base To 1 Million By 2026

Magicpin's AI Assistant Vera Aims To Double Merchant Base To 1 Million By 2026

Rediff.com14 Jun 2026

Food delivery and e-commerce platform magicpin aims to expand its AI assistant, Vera's, merchant base to over 1 million by the end of 2026. Launched three months ago, Vera already supports over 5 lakh merchants by providing real-time order insights and has facilitated over 50 lakh interactions across various business verticals. The company has invested USD 1 million in its AI stack and plans further enhancements to Vera's capabilities.

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.'

India's fertiliser subsidy bill set to double to Rs 3.4 trillion in FY27

India's fertiliser subsidy bill set to double to Rs 3.4 trillion in FY27

Rediff.com17 Jun 2026

India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.

Tripura Chit Fund Executives Sentenced In Swindling Case

Tripura Chit Fund Executives Sentenced In Swindling Case

Rediff.com30 May 2026

A special CBI court in Tripura sentenced three executives of a chit fund company to six years of rigorous imprisonment each for swindling Rs 5.5 crore from over 800 depositors.

India: World's Biggest Plastic Polluter

India: World's Biggest Plastic Polluter

Rediff.com10 Jun 2026

India generates 9.3 million tonnes of plastic waste annually, nearly 20 per cent of the world's total.

Cars24 Invests $20 Million In New AI Labs Initiative

Cars24 Invests $20 Million In New AI Labs Initiative

Rediff.com1 Jun 2026

Cars24 has announced the launch of its AI Labs, backed by a USD 20 million investment, to foster AI innovation and support startups in the field.

CPI(M) Alleges Sabotage In Sabarimala Gold Case Over Lawyer Appointment

CPI(M) Alleges Sabotage In Sabarimala Gold Case Over Lawyer Appointment

Rediff.com12 Jun 2026

The Congress-led UDF government's decision to appoint a defence lawyer for the accused in the Sabarimala gold loss case as a Devaswom advocate has drawn strong criticism from the opposition CPI(M), which alleges the move is an attempt to sabotage the ongoing probe and protect political figures.

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.

Anil Ambani Aide In CBI Custody Over Rs 9,280 Crore Fraud

Anil Ambani Aide In CBI Custody Over Rs 9,280 Crore Fraud

Rediff.com10 Jun 2026

Amitabh Jhunjhunwala, former Managing Director of the Anil Dhirubhai Ambani Group, has been remanded in CBI custody in an alleged bank fraud case involving Reliance Commercial Finance Limited (RCFL) worth Rs 9,280 crore. The CBI alleges misappropriation of loan funds and violations of RBI guidelines, while Jhunjhunwala's lawyers claim he is a scapegoat.

Want OpenAI Shares? Read This First

Want OpenAI Shares? Read This First

Rediff.com17 Jun 2026

Investors should do thorough due diligence when selecting a platform.

'Without A Shade Of Doubt BJP Is Behind This'

'Without A Shade Of Doubt BJP Is Behind This'

Rediff.com19 Jun 2026

'It was done with record speed. First, a revolt of the MLAs, which was obviously engineered.' ''No one believed me when I said the MLAs breaking away is not the real issue.' 'It is like a comet. The head doesn't matter, the tail matters.' 'And the tail is Parliament. Suvendu has gifted the prime minister 20 MPs.'

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.

Flex fuel to be sold at 5,000 outlets by end of next year

Flex fuel to be sold at 5,000 outlets by end of next year

Rediff.com5 Jun 2026

Oil-marketing companies (OMCs) are set to significantly expand the sale of flex fuel (E85) across India, with plans to reach 5,000 outlets in major cities by the end of next year, according to Petroleum Minister Hardeep Singh Puri. This move aims to boost ethanol demand, reduce crude oil imports, and cut carbon emissions, coinciding with the launch of India's first flex-fuel vehicles by Maruti Suzuki and Hero MotoCorp.

Indian Firms Gain Access To Anthropic's Mythos AI For Cybersecurity

Indian Firms Gain Access To Anthropic's Mythos AI For Cybersecurity

Rediff.com6 Jun 2026

Indian government agencies and private sector firms have secured access to Anthropic's advanced AI model, Mythos, through Project Glasswing. This initiative aims to enhance cybersecurity by identifying software vulnerabilities in critical infrastructure. Anthropic has also urged a moderated pace of AI development due to potential societal risks.

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

Rediff.com5 Jun 2026

Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.

Paint companies raise prices as crude oil and gas costs surge

Paint companies raise prices as crude oil and gas costs surge

Rediff.com4 Apr 2026

Major paint companies in India, including Asian Paints, Berger Paints, Akzo Paints, and Kansai Nerolac, have announced price hikes ranging from 1% to 8% across various product lines, effective from mid-March to late April, in response to persistently high crude oil and gas prices.

India's Services PMI Hits 6-Month High in May Amid Robust Demand

India's Services PMI Hits 6-Month High in May Amid Robust Demand

Rediff.com3 Jun 2026

India's services sector experienced its strongest growth in six months in May, with the HSBC India Services PMI Business Activity Index rising to 59.8. This expansion was driven by healthy demand, new client acquisitions, and improved new business intakes, alongside a softer rise in cost burdens.

How TCS's New Oracle AI Lab Will Drive Data Transformation

How TCS's New Oracle AI Lab Will Drive Data Transformation

Rediff.com12 Jun 2026

Tata Consultancy Services (TCS) has launched India's first Oracle AI Data Platform Lab and Centre of Excellence (CoE) in Kolkata, in collaboration with Oracle. This facility aims to help enterprises accelerate the adoption of artificial intelligence and data-driven transformation by addressing challenges like fragmented data and limited AI scalability. The lab will leverage Oracle's AI Data Platform and TCS plans to expand similar CoEs to four more Indian cities.

Why Are Helmet Prices Rising Across India?

Why Are Helmet Prices Rising Across India?

Rediff.com10 Jun 2026

The start of the West Asia conflict has led to a sharp increase in crude-linked raw material prices, pushing up the price of helmets across the country.

US Congress Pays Tribute To Indian-American Tech Leader Sivaramakrishnan Somasegar

US Congress Pays Tribute To Indian-American Tech Leader Sivaramakrishnan Somasegar

Rediff.com13 Jun 2026

The US Congress has paid tribute to the late Indian-American entrepreneur Sivaramakrishnan Somasegar, known as 'Soma', for his significant contributions to Microsoft and the broader technology sector. Congresswoman Suzan DelBene highlighted his impactful career at Microsoft, his role in fostering new startups, and his community involvement, including co-founding the Seattle Orcas cricket team.

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

TCS Partners with Anthropic to Accelerate Enterprise AI Adoption Across Industries

TCS Partners with Anthropic to Accelerate Enterprise AI Adoption Across Industries

Rediff.com11 Jun 2026

Tata Consultancy Services (TCS) has announced a global partnership with AI major Anthropic to help enterprises accelerate their adoption of artificial intelligence, including equipping 50,000 TCS employees with Anthropic's Claude AI models.

Enforcement Directorate Investigates Vedanta Group For Forex Violations

Enforcement Directorate Investigates Vedanta Group For Forex Violations

Rediff.com2 Jun 2026

The Enforcement Directorate has launched a foreign exchange violation investigation against Vedanta Group, conducting searches at its premises in multiple locations.