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West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

Rediff.com18 May 2026

Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.

Large Codeine Cough Syrup Consignment Seized In Uttar Pradesh

Large Codeine Cough Syrup Consignment Seized In Uttar Pradesh

Rediff.com31 May 2026

Authorities in Uttar Pradesh's Gonda district have seized a large consignment of codeine-based cough syrup, prompting an investigation into its procurement and intended distribution. The seizure led to a halt in sales as officials examine records and supply chain details to verify the legality of the transaction.

Customs Agent Sentenced In Import Duty Evasion Case

Customs Agent Sentenced In Import Duty Evasion Case

Rediff.com21 May 2026

A court in Mumbai sentenced a customs clearing agent to two years' imprisonment in four cases of import duty evasion, while acquitting three others due to flawed investigation by the CBI.

More than 300 booked over attack on ED officials in Kerala

More than 300 booked over attack on ED officials in Kerala

Rediff.com27 May 2026

Kerala Police have booked approximately 300 individuals following an alleged attack on Enforcement Directorate officials and security personnel after a raid linked to former Kerala Chief Minister Pinarayi Vijayan.

West Asia Conflict to Impact Indian Cement Firms' Profitability from Q1FY27

West Asia Conflict to Impact Indian Cement Firms' Profitability from Q1FY27

Rediff.com27 May 2026

Indian cement manufacturers, despite a stable Q4FY26, are bracing for significant profitability pressures from Q1FY27 onwards due to escalating input costs, primarily driven by the West Asia conflict's impact on coal and petcoke prices.

Mumbai Couple Held In Rs 31 Crore Investment Scam

Mumbai Couple Held In Rs 31 Crore Investment Scam

Rediff.com21 May 2026

Faridabad police have arrested a husband and wife from Mumbai for allegedly defrauding people of approximately Rs 31 crore through fraudulent investment schemes in forex trading and film production.

How Bengaluru Will Use AI To Manage Water Better

How Bengaluru Will Use AI To Manage Water Better

Rediff.com1 Jun 2026

The Bangalore Water Supply and Sewerage Board (BWSSB) is set to explore the use of AI, predictive analytics, and robotic inspection technologies to detect water theft, reduce leakages, and improve operational efficiency across Bengaluru's water distribution network.

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Rediff.com18 May 2026

Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.

TVS Motor Inducts Ravindran Shanmugam As Independent Director

TVS Motor Inducts Ravindran Shanmugam As Independent Director

Rediff.com14 May 2026

TVS Motor Company has appointed Ravindran Shanmugam, a technology entrepreneur and business leader, as an independent director for a five-year term, effective May 13, subject to shareholder approval.

June's OTT Watchlist: Dhurandhar 2, Raja Shivaji, Maa Behen

June's OTT Watchlist: Dhurandhar 2, Raja Shivaji, Maa Behen

Rediff.com3 Jun 2026

It's going to be a busy month on OTT as several series and original movies get ready for release. June's OTT guide also includes quite a few digital premieres of theatrical releases.

Rajasthan Raid Uncovers Thousands Of Litres Of Adulterated Ghee

Rajasthan Raid Uncovers Thousands Of Litres Of Adulterated Ghee

Rediff.com30 May 2026

Authorities in Udaipur, Rajasthan, seized approximately 18,000 litres of suspected adulterated ghee and yellow food colour during a raid on a dairy farm. The raid was prompted by complaints of food adulteration and product quality. Samples have been sent for testing, and the sale and distribution of the seized ghee have been banned.

OpenAI, Anthropic Threat For India's IT Majors

OpenAI, Anthropic Threat For India's IT Majors

Rediff.com18 May 2026

OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.

India, Venezuela vow long-term energy tie-up

India, Venezuela vow long-term energy tie-up

Rediff.com4 Jun 2026

India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.

Petrol, diesel price hiked for 3rd time in 10 days

Petrol, diesel price hiked for 3rd time in 10 days

Rediff.com23 May 2026

Petrol price has been increased by 87 paise in Delhi from Rs 98.64 to Rs 99.51 per litre. Diesel rates have gone up by 91 paise from Rs 91.58 to Rs 92.49.

Bengaluru Cyber Command Busts Fake US Call Centre Racket

Bengaluru Cyber Command Busts Fake US Call Centre Racket

Rediff.com21 May 2026

The Karnataka State Cyber Command has uncovered a fake call centre racket operating in Bengaluru, where individuals impersonated a US-based accounting firm to defraud US citizens.

Why Modi Wouldn't Bother Targeting CPI(M), Explained

Why Modi Wouldn't Bother Targeting CPI(M), Explained

Rediff.com27 May 2026

BJP leader V Muraleedharan dismisses claims that Prime Minister Narendra Modi would strike a deal with the Congress to target the CPI(M), stating Modi has 'better things to do'. He also questioned Kerala CM Pinarayi Vijayan's concern over ED raids if he has done nothing wrong.

Banks Push Loans Against Mutual Funds

Banks Push Loans Against Mutual Funds

Rediff.com4 Jun 2026

LAMF allows investors to access liquidity while staying invested.

Jaipur Farmers Summoned In Land Fraud Investigation

Jaipur Farmers Summoned In Land Fraud Investigation

Rediff.com31 May 2026

The Enforcement Directorate has summoned several farmers in Jaipur as part of an investigation into alleged money laundering and fraudulent land aggregation involving real estate developers.

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com19 May 2026

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

How TCS Plans To Become The Top AI Services Firm

How TCS Plans To Become The Top AI Services Firm

Rediff.com16 May 2026

TCS, India's largest IT firm, is aiming to become the world's leading AI-led technology services company. CEO K Krithivasan highlights the company's strategy, including upskilling its workforce and executing nation-scale projects in India.

Army's Rocket System Gets A Boost

Army's Rocket System Gets A Boost

Rediff.com22 May 2026

Loitering munitions, often described as 'suicide drones' or 'kamikaze drones', are becoming central to modern warfare because of their ability to hover over target areas, identify threats and strike with high precision.

Maruti Suzuki Hikes Car Prices From June

Maruti Suzuki Hikes Car Prices From June

Rediff.com22 May 2026

'With inflationary pressures now at elevated levels and the adverse cost environment persisting, the company has to pass on a portion of the increased costs to the market, while continuing to ensure that the impact on customers is kept to the minimum extent possible.'

'In India Politics Has Taken Over Business'

'In India Politics Has Taken Over Business'

Rediff.com20 May 2026

'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Rediff.com17 May 2026

Fintech and enterprise technology firm Paramotor Digital Technology Ltd has confidentially filed draft papers with markets regulator Sebi for an initial public offering (IPO). The company submitted its draft papers under Sebi's pre-filing route, which allows issuers to keep details related to the issue size and other key information confidential until a later stage.

MSME Credit Growth Slows, Micro Borrowers Show Early Stress: Report

MSME Credit Growth Slows, Micro Borrowers Show Early Stress: Report

Rediff.com3 Jun 2026

Loans to micro, small and medium enterprises (MSMEs) in India saw moderated growth in April 2026, with early signs of stress emerging among micro borrowers and manufacturers, according to a report by credit bureau CRIF High Mark. The slowdown is attributed to potential impacts of global uncertainty.

Court allows CBI to arrest Reliance Group executive in bank loan case

Court allows CBI to arrest Reliance Group executive in bank loan case

Rediff.com2 Jun 2026

A Mumbai court has granted the CBI permission to arrest Amitabh Jhunjhunwala, a former senior executive at Reliance Group, in connection with a case involving the alleged misuse of bank loans. Jhunjhunwala was already in judicial custody in Delhi for a related money laundering case.

Delhi Man Drowns In Canal While Bathing

Delhi Man Drowns In Canal While Bathing

Rediff.com27 May 2026

A 21-year-old man drowned in a canal near Sector-4 in Bawana after being swept away by strong currents while taking a bath with a colleague.

Mumbai Man Cheats Widow Of 7 Crore With False Loan Promise

Mumbai Man Cheats Widow Of 7 Crore With False Loan Promise

Rediff.com18 May 2026

A man in Mumbai has been booked for allegedly cheating a woman of 7 crore by making false promises of financial assistance and business loans after her husband's death. The accused, Bharat Singh alias Johnny, allegedly obtained the woman's GST login credentials and carried out fake transactions in her company's name.

ED Attaches Unitech Group Assets In Money Laundering Case

ED Attaches Unitech Group Assets In Money Laundering Case

Rediff.com29 May 2026

The Enforcement Directorate has attached assets worth Rs 634 crore of a Unitech Group realty project in Noida as part of a money laundering investigation linked to alleged fraud with homebuyers.

Chhattisgarh Liquor Scam: ED Attaches Assets Worth Over Rs 1,000 Crore

Chhattisgarh Liquor Scam: ED Attaches Assets Worth Over Rs 1,000 Crore

Rediff.com1 Jun 2026

The Enforcement Directorate has attached properties worth over Rs 1,000 crore as part of its investigation into the alleged Chhattisgarh liquor scam, filing a fresh complaint against four additional accused.

Govt to Crack Down on Industrial Users Diverting Cheaper Retail Fuel

Govt to Crack Down on Industrial Users Diverting Cheaper Retail Fuel

Rediff.com28 May 2026

The Indian government has issued a stern warning to industrial users who are reportedly procuring cheaper retail fuel instead of industrial-grade fuel, leading to significant losses for state-run oil marketing companies (OMCs) and potential local shortages. This diversion, driven by a substantial price difference between retail and bulk diesel, is adversely impacting OMCs, which are absorbing daily losses of approximately 550 crore to keep retail prices stable.

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Rediff.com25 May 2026

Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.

Nashik Woman Kills Lover With Relative's Help

Nashik Woman Kills Lover With Relative's Help

Rediff.com27 May 2026

A 32-year-old married woman allegedly killed her 26-year-old lover in Nashik with the help of her relative following a financial dispute, police said.

West Asia crisis fuels EV boom, Tatas ramp up output by 50%

West Asia crisis fuels EV boom, Tatas ramp up output by 50%

Rediff.com29 May 2026

"There is a sharp jump that we have seen in bookings of EVs... The jump, at least in our case, in just two months, it is about 2 to 2.5 times of what it used to be"

Indian Navy's Submarine Shortfall Dilemma

Indian Navy's Submarine Shortfall Dilemma

Rediff.com2 Jun 2026

Experts' worries intensified after Pakistan commissioned its first Chinese-built Hangor-class submarine, PNS Hangor, last month.

Zepto to launch Rs 11,000-crore IPO in July, prioritising dense urban markets

Zepto to launch Rs 11,000-crore IPO in July, prioritising dense urban markets

Rediff.com21 May 2026

Quick commerce platform Zepto is reportedly planning to launch its Rs 11,000-crore Initial Public Offering (IPO) in July, following SEBI approval. The company is pursuing a distinct growth strategy, focusing on market density and operational intensity in metro markets rather than rapid geographic expansion, a move that sets it apart from rivals like Zomato and Swiggy.

UP: Part of bridge collapses due to storm, 6 labourers killed

UP: Part of bridge collapses due to storm, 6 labourers killed

Rediff.com29 May 2026

Six labourers died and three were injured when part of an under-construction bridge collapsed in Hamirpur, Uttar Pradesh, following a storm. The incident occurred early Friday morning as labourers slept on a slab of the bridge.

US shuts India-based call centre defrauding elderly Americans

US shuts India-based call centre defrauding elderly Americans

Rediff.com21 May 2026

US authorities have shut down an India-based call centre operation that allegedly defrauded hundreds of elderly Americans of millions of dollars through tech support scams, following a years-long investigation.

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Rediff.com2 Jun 2026

The Indian central government has reduced its total expenditure by approximately 60,000 crore in FY26, below its revised estimate, to successfully achieve the fiscal deficit target of 4.4 per cent of gross domestic product (GDP), according to the latest data from the Controller General of Accounts (CGA).

Kanpur Dehat Land Scam: FIR Lodged Against Officials

Kanpur Dehat Land Scam: FIR Lodged Against Officials

Rediff.com13 May 2026

The Uttar Pradesh Police have filed an FIR against a former additional district magistrate, company representatives, and bank officials in connection with an alleged land scam worth around Rs 400 crore in Kanpur Dehat district.