Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.
Prime Minister Narendra Modi has urged states to balance the opportunities presented by artificial intelligence with the need to safeguard against social challenges like cyber fraud and drug abuse. He also warned of the risks posed by El Nino conditions, calling for stronger water conservation measures and emphasising the collective resolve towards a 'Viksit Bharat'.
The CBI has filed two chargesheets in connection with the siphoning of Rs 657 crore from Haryana government and Chandigarh Smart City Limited funds held at IDFC First Bank. The fraud involved fictitious transactions, shell entities, and alleged gold purchases and real estate investments, with IDFC First Bank having already reimbursed the Haryana government.
Tata Consultancy Services (TCS) Chairman N Chandrasekaran announced that the company anticipates having as many artificial intelligence (AI) agents as its human workforce, currently half a million, while assuring that no staff downsizing is planned.
rediffGURU T S Khurana answers readers' personal income tax queries
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.
In the rush to complete tax-saving investments at the end of the financial year, many taxpayers choose instruments that do not match their long-term financial goals.
Cyber Police have arrested Abdu Rahman in Delhi, a key accused in a Cambodia-based online fraud network. This syndicate, which initially used online trading and loan scams, shifted to matrimonial platforms to defraud Indian citizens, including a Kochi doctor who lost Rs 37 lakh. The network recruits Indians to work in scam centres in Cambodia and has been responsible for numerous online frauds.
If something matters, schedule it, block it, put a placeholder in your calendar, says Sonica Aron, founder and managing director of Marching Sheep.
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.
Indian benchmark stock indices, Sensex and Nifty, extended their winning streak for a third consecutive day, driven by positive global market trends and a significant softening of crude oil prices following a peace deal between the US and Iran.
State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.
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.
Set in the crucial 21 days between 25 July and 14 August 1947, Josy Joseph's upcoming book The Birth of a Nation: The Twenty-One Days That Made India uncovers the dramatic story of how India nearly fragmented into multiple independent states before independence.
The Union Housing and Urban Affairs Minister's announcement of four 'Namo Cities' aims to decentralise development and decongest Delhi, but experts warn that the initiative may face execution challenges similar to previous urbanisation plans due to inadequate coordination among NCR states.
Congress general secretary Jairam Ramesh has alleged that the BJP's "real and ultimate target" in seeking a two-thirds majority in the Lok Sabha is to amend the Constitution to end reservation, rather than genuinely implement women's reservation.
Investors are keenly awaiting clarity on Reliance Jio Infocomm's IPO, the company's AI and data centre strategies, and next-generation leadership structure at Reliance Industries Ltd's (RIL's) 49th annual general meeting (AGM).
Dinesh Trivedi's experience as a businessperson and his fluency in Bengali are expected to be crucial in strengthening India-Bangladesh relations, particularly in attracting Indian investments to Dhaka.
The World Bank has increased India's economic growth projection for FY27 to 6.6 per cent, citing resilient domestic demand, while simultaneously cutting its global economic growth outlook due to the conflict in West Asia.
A significant majority (57%) of India's investment advisors are concentrated in just five metro cities, leading to concerns about financial inclusion and the spread of financial market products beyond urban centres, according to a Business Standard analysis of Sebi data.
In the remote tribal village of Pahadpur, preparations are in full swing as it looks to script history.
Industry bodies representing alcoholic beverage manufacturers have welcomed the India-UK Free Trade Agreement (FTA), which will see tariffs on UK whisky and gin reduced, boosting bilateral trade and supporting premiumisation. However, domestic manufacturers are calling for state governments to withdraw concessions currently enjoyed by imported liquor brands.
'The flip side of this is that he won't hesitate to call out India if he thinks its policies are hurting US economic interests or border US foreign policy goals.'
'As the Bihar government's focus is on development and infrastructure projects worth thousands of crores, Rishu Sinha created a network to pay a decent commission to government officials for securing tenders.'
Former India captain Mithali Raj has expressed concerns over the Indian women's cricket team's bowling department, citing a lack of "role clarity" ahead of crucial ICC Women's T20 World Cup matches. She believes bowling is India's weakest link, especially with Shreyanka Patil's injury and an out-of-form seam attack, while praising the batting strength led by Smriti Mandhana and Richa Ghosh.
While the Andaman and Nicobar islands serve as a vital, stationary asset for projecting power in the Indian Ocean, referring to them as an unsinkable aircraft carrier ignores key military and geopolitical limitations, explains Commodore Venugopal Menon (retd).
Delhi Police have dismantled a cyber fraud operation that used a fake online investment platform to deceive victims, leading to the arrest of three individuals involved in the scheme.
Do not get trapped in the fear-and-greed cycle. Let time and discipline do the heavy lifting, points out Harsh Roongta.
Most actively-managed equity mutual fund schemes outperformed their benchmarks despite volatility across domestic equity markets during the past year.
Specialty chemicals maker Anupam Rasayan India Ltd has become the first company globally to commercialise Ethyl trifluoroacetate (ETFA) production using its proprietary continuous flow chemistry platform. This innovative technology offers significant advantages over traditional methods, and ETFA is a crucial component for pharmaceuticals, life sciences, and performance materials, with a global market estimated at USD 500-600 million.
Kerala Police chief Ravada Chandrasekhar highlighted cyber fraud as a serious social challenge, particularly targeting youth, during the inauguration of 'RBI Reelathon 2026'. This multi-phase awareness campaign by the Reserve Bank of India aims to engage college students in combating cyber financial frauds through creative content creation and timely reporting.
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.
The Income Tax Department has clarified that income from the transfer of investments made before April 1, 2017, is excluded from the scope of the General Anti-Avoidance Rules (GAAR), addressing industry concerns about retrospective application.
Foreign Portfolio Investors (FPIs) withdrew nearly Rs 33,000 crore from Indian equities in May, bringing the total outflow for 2026 to Rs 2.25 lakh crore, driven by weak earnings growth, rupee depreciation, and more attractive opportunities in other global markets.
The Delhi High Court denied anticipatory bail to a man accused in an organised cyber fraud case involving the transfer of approximately Rs 1 crore in cryptocurrency. The court emphasised the need for custodial interrogation to unearth the larger conspiracy and recover the cheated amount.
Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.
"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."
A riveting mother-son drama with a superb first half, Balan: The Boy loses some of its grip after an ambitious but uneven turn, notes Sreeju Sudhakaran.
A 41-year-old man in Thane has alleged that four individuals kidnapped him, assaulted him, and forced him to transfer Rs 47.25 lakh, blaming him for stock market losses incurred by their clients. The accused are middlemen who invested through the complainant.
Delhi Police have arrested two men in connection with separate cyber investment fraud cases involving over Rs 74 lakh. The accused were involved in luring victims into investing in fake stock trading and IPO platforms.
