News for '-business-standard'

Why Have Major Trade Unions Been Excluded From Minimum Wage Panel?

Why Have Major Trade Unions Been Excluded From Minimum Wage Panel?

Rediff.com7 days ago

'Major unions should be included. If this goes on, decision-making will become heavily one-sided and we will be forced to continue our strikes.'

India must prioritise 'speed of doing business' for sustained growth: CII President

India must prioritise 'speed of doing business' for sustained growth: CII President

Rediff.com4 days ago

India needs to move beyond ease and cost of doing business and focus on the "speed of doing business" as the next leg of reforms to sustain economic growth and private investment, Confederation of Indian Industry (CII) President R Mukundan said.

Chandra Reappointment Sparks Legal Debate

Chandra Reappointment Sparks Legal Debate

Rediff.com9 hours ago

'On a plain reading of Article 121, it can be said that the chairman's casting vote can be invoked in either of these cases.'

'We Will Ask Customers To Pay In Cash'

'We Will Ask Customers To Pay In Cash'

Rediff.com3 days ago

'UPI has been free since Covid, so why is the government charging us now?'

6 IPOs Take Stage In Record Debut-Day Rush

6 IPOs Take Stage In Record Debut-Day Rush

Rediff.com3 days ago

Six companies made their stock market debut on Thursday, setting a new record for the most mainboard listings on a single day since at least 1996.

Maruti Suzuki Bets On Premium Hatchbacks With New Baleno

Maruti Suzuki Bets On Premium Hatchbacks With New Baleno

Rediff.com6 days ago

Maruti Suzuki India is strategically investing in the premium hatchback segment, launching a refreshed Baleno with advanced driver assistance systems (ADAS) to capture a significant share of the evolving Indian passenger vehicle market, even as SUVs continue their dominance.

EV manufacturers seek deadline extension for eDRIVE localisation norms

EV manufacturers seek deadline extension for eDRIVE localisation norms

Rediff.com1 Sep 2026

Electric commercial vehicle manufacturers in India are struggling to meet localisation requirements under the PM eDRIVE scheme, set to begin on Tuesday. The Society of Indian Automobile Manufacturers (Siam) has requested a seven-month extension until April 1, 2027, citing disruptions in the supply of rare earth magnets due to China's export restrictions and geopolitical tensions. The government is yet to decide on the request, which aims to prevent production disruptions and allow time for local supply chain development.

'Tata Trusts Wants To Determine Destiny Of Group Companies'

'Tata Trusts Wants To Determine Destiny Of Group Companies'

Rediff.com2 days ago

'Members of Indian family businesses have considered it their birthright to work there and responsibility to take care of it.'

Why More Private Invits Are Shifting to Public Listings

Why More Private Invits Are Shifting to Public Listings

Rediff.com7 Sep 2026

At least four to five privately placed infrastructure investment trusts (Invits) are expected to transition to public listings by the end of the 2026-27 financial year, significantly increasing the number of publicly traded Invits to 12-14, according to N S Venkatesh, CEO of the Bharat Invits Association (BIA).

Private Defence Firms Get DRDO Missile Tech Boost

Private Defence Firms Get DRDO Missile Tech Boost

Rediff.com27 Aug 2026

The move is meant to enhance the operational capability of the armed forces, reduce import dependence and increase domestic value addition.

Lupin eyes $500 million from biosimilars, expands global footprint

Lupin eyes $500 million from biosimilars, expands global footprint

Rediff.com6 days ago

Pharma major Lupin is significantly increasing its focus on biosimilars, aiming for a turnover of nearly $500 million from this segment over the next five years, driven by new product launches and expanded presence in key global markets like the US, Europe, and Japan.

Brics Grain Exchange: A Game-Changer or Too Many Hurdles?

Brics Grain Exchange: A Game-Changer or Too Many Hurdles?

Rediff.com7 days ago

The Brics proposal for a Grain Exchange, aimed at challenging the dominance of Western trading firms, faces significant operational and implementation hurdles, including settlement currency, regulatory frameworks, and limited participation from key members like India, according to experts.

Fuel-efficiency tool for trucks may be ready by Dec, launch likely in Feb

Fuel-efficiency tool for trucks may be ready by Dec, launch likely in Feb

Rediff.com4 Sep 2026

India is set to launch Bharat Vecto, its first certification tool for assessing the fuel efficiency and CO2 emissions of medium and heavy commercial vehicles, by December, with a full launch targeted for the Bharat Mobility Global Expo in February 2027.

Fortis Healthcare moves Supreme Court against Delhi HC forensic audit order

Fortis Healthcare moves Supreme Court against Delhi HC forensic audit order

Rediff.com4 days ago

Hospital chain Fortis Healthcare has filed a special leave petition in the Supreme Court against a Delhi High Court order directing a forensic audit into the alleged erosion of assets by its former promoters, Malvinder and Shivinder Singh, during enforcement proceedings initiated by Japanese drugmaker Daiichi Sankyo.

PNB targets wealth management entry by 2027, ramps up credit card portfolio

PNB targets wealth management entry by 2027, ramps up credit card portfolio

Rediff.com11 Sep 2026

State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.

Oversupply Looms: India's Cement Sector Braces for Pricing Pressure

Oversupply Looms: India's Cement Sector Braces for Pricing Pressure

Rediff.com5 days ago

India's cement industry is on the brink of an oversupply situation as aggressive capacity expansion by major players is set to outpace demand growth over the next two financial years, potentially leading to pricing pressures and moderated utilisation rates.

10 IPO Checks Before You Invest

10 IPO Checks Before You Invest

Rediff.com4 days ago

Dig into the prospectus. Use the prospectus to understand the business and its risks.

Is koda-VW Finally Bring a Mass-Market EV to India?

Is koda-VW Finally Bring a Mass-Market EV to India?

Rediff.com6 days ago

koda Auto Volkswagen India is actively exploring various approaches to penetrate India's burgeoning electric vehicle (EV) market, including importing global models, local assembly, and developing highly localised products, as EV penetration is expected to reach 17-18% by the end of the decade.

OMCs Lose Rs 5 Per Litre On Petrol, Rs 23 On Diesel

OMCs Lose Rs 5 Per Litre On Petrol, Rs 23 On Diesel

Rediff.com12 Sep 2026

'If crude remains above $100 per barrel, with restricted retail-price increases, OMCs could face negative petrol and diesel marketing margins, higher LPG under-recoveries, higher crude-landing, freight and insurance costs, working capital and debt accumulation and inventory losses if crude subsequently corrects sharply.'

'Bank Customers Have Become Demanding'

'Bank Customers Have Become Demanding'

Rediff.com6 days ago

'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'

AI Is Changing Work, Not Cutting Jobs

AI Is Changing Work, Not Cutting Jobs

Rediff.com4 Sep 2026

'It requires new skilling, new ways of working, and new structures. That's the reality.'

When Will Tata Sons List?

When Will Tata Sons List?

Rediff.com13 Sep 2026

'Listing leads to greater transparency and shareholder oversight.'

Air India UK Traffic Slumps After Crash

Air India UK Traffic Slumps After Crash

Rediff.com8 Sep 2026

Passenger traffic Y-o-Y fell 26.8 per cent in April and 24.6 per cent in May, while capacity declined 9.6 per cent and 11.3 per cent, respectively.

India Assures Nepal Of More Power

India Assures Nepal Of More Power

Rediff.com31 Aug 2026

'In the wake of this tragedy, India will provide power to Nepal if and when the requirement for the same is communicated to India as per their needs.'

How To Pick The Right BAF

How To Pick The Right BAF

Rediff.com4 Sep 2026

BAFs seek to offer a smoother experience across market cycles, not the full upside of a bull market.

Delhi HC orders 6-month forensic audit in Daiichi-Fortis case

Delhi HC orders 6-month forensic audit in Daiichi-Fortis case

Rediff.com1 Sep 2026

The Delhi High Court has mandated a six-month forensic audit into the alleged dissipation of assets by former Fortis promoters Malvinder Mohan Singh and Shivinder Mohan Singh, stemming from enforcement proceedings by Japanese drug major Daiichi Sankyo.

Why Pay Hikes Remain Muted

Why Pay Hikes Remain Muted

Rediff.com31 Aug 2026

Surging growth in sales by companies hasn't translated into higher salaries just yet.

BJP Faces West Bengal Investment Test

BJP Faces West Bengal Investment Test

Rediff.com7 Sep 2026

West Bengal could be the Bharatiya Janata Party's real test case of its business-friendly policies, points out Kanika Datta.

Odisha govt lens on Vedanta plant over excess water usage

Odisha govt lens on Vedanta plant over excess water usage

Rediff.com28 Aug 2026

Vedanta Ltd's aluminium plant in Jharsuguda, Odisha, is under regulatory scrutiny by the state's Water Resources department regarding its water sources and drawal history. This follows a complaint alleging unauthorised groundwater extraction and previous financial demands for illegal water use, with the National Green Tribunal also seeking responses on environmental concerns.

Abu Dhabi Targets Indian Tourists

Abu Dhabi Targets Indian Tourists

Rediff.com28 Aug 2026

'India was the emirate's largest international source market by hotel guest volume.'

'West Bengal Doesn't Need To Experiment With The Bulldozer'

'West Bengal Doesn't Need To Experiment With The Bulldozer'

Rediff.com8 Sep 2026

'We have a very demanding electorate which expects us to do something. So we will have to do something which is a bit out of the ordinary while at the same time keeping in mind the risk factors.'

Why Southern States Want Families To Have More Kids

Why Southern States Want Families To Have More Kids

Rediff.com1 Sep 2026

Southern chief ministers fear population stabilisation could reduce their parliamentary representation and tax devolution benefits.

India's Largest Listed Holding Company...

India's Largest Listed Holding Company...

Rediff.com17 Aug 2026

The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.

Smallcap Funds Double Down On IPOs

Smallcap Funds Double Down On IPOs

Rediff.com31 Aug 2026

"When you have more liquidity than good investment opportunities, there is no reason for MFs to sell a winning trade."

Why TCS Made Big Porsche Bet

Why TCS Made Big Porsche Bet

Rediff.com1 Sep 2026

'Across the entire value chain, we will be able to industrialise AI adoption, and that is the main purpose of the deal.'

Ather Bets Big On Konarc, Supply Crunch To Continue

Ather Bets Big On Konarc, Supply Crunch To Continue

Rediff.com1 Sep 2026

With Konarc, the company has moved deeper into the mass-market e2W segment.

Google's Vizag AI Hub: Construction by '28, Full Ops in 5 Years

Google's Vizag AI Hub: Construction by '28, Full Ops in 5 Years

Rediff.com28 Aug 2026

Google aims to complete the first phase of its 1 gigawatt artificial intelligence (AI) data centre hub in Visakhapatnam by late 2028, with full operations across all phases expected within five years, according to Alexander Smith, Principal of Global Infrastructure and Energy for Asia Pacific at Google.

Why have Promoters Borrowed Rs 7 Trillion?

Why have Promoters Borrowed Rs 7 Trillion?

Rediff.com29 Aug 2026

The absolute amount of money raised is more than three times the 2 trillion seen before the pandemic (June 2019).

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

Rediff.com27 Aug 2026

Indian banks and non-banking financial companies (NBFCs) are undertaking a comprehensive review and reset of their engagement terms with fintech firms, driven by the Reserve Bank of India's (RBI) draft Guidance on Regulatory Expectations for Data Governance and the stringent compliance requirements of the Digital Personal Data Protection (DPDP) Act, 2023, and its 2025 Rules.

Fashion Quick Commerce Gets Festive Boost

Fashion Quick Commerce Gets Festive Boost

Rediff.com24 Aug 2026

Qcom platforms are prioritising convenience, selection, AI-driven inventory planning and loyalty rewards over deep discounting.