As fintech major Pine Labs gears up for its initial public offering (IPO), its Draft Red Herring Prospectus has highlighted its top executives' pay and stock options, including those of Chief Executive Officer (CEO) Amrish Rau. Rau's net worth is estimated at Rs 850 crore-1,000 crore following the IPO.
'Government officials use Gmail and ordinary phones without basic security consciousness.' 'Interoperability, especially in joint exercises with countries like the US, worries me.' 'It often means we open our systems to them, but they don't reciprocate.' 'They could have kill switches in their systems and might even be able to affect ours.'
Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.
HCLTech reported flat net income of Rs 4,235 crore in the second quarter of 2025-26 (Q2FY26) compared to last year, even as its revenue was up 10.7 per cent to Rs 31,492 crore helped by financial services and technology business verticals.
The Supreme Court on Friday refused to entertain a plea by HDFC Bank CEO and MD Sashidhar Jagdishan challenging an FIR of cheating and fraud registered against him on a complaint by the Lilavati Kirtilal Mehta Medical Trust, which runs the prominent Lilavati Hospital in Mumbai. A bench of Justices P S Narasimha and R Mahadevan noted that the matter was already listed for hearing on July 14 before the Bombay high court.
Cricket enters new era with launch of Test Twenty, a revolutionary 80-over format
Private equity investments in Indian real estate dropped 15 per cent in July-September to USD 819 million amid global uncertainties, according to property consultant Anarock.
'Gujarati films are crossing the Rs 100 crore mark, Lokah Chapter 1: Chandra has surged past Rs 300 crore, Marathi film Dashaavtar has already topped Rs 50 crore and Tamil blockbuster Coolie has raked in over Rs 250 crore.' 'These successes show that regional cinema is no longer niche.'
Chennai Super Kings CEO Kasi Viswanathan has said that the franchise is not pressing the panic button despite their poor run in the current IPL season.
'We will continue supporting those affected long after the work in Ahmedabad is done.'
Romance may be personal, but when it enters the workplace, particularly in reporting hierarchies, it becomes a matter of governance.
EPFO has simplified PF withdrawals -- fewer rules, faster access, and more flexibility -- while introducing safeguards that make it harder to drain your retirement savings too early.
Stock market investors this week would track the renewed tariff tensions between the US and China, domestic inflation data, besides, quarterly earnings from blue-chips HCL Tech, Infosys and Reliance Industries would also drive the momentum in equities, analysts said.
The takeover surpasses the previous LBO record -- the $45 billion buyout of Texas utility TXU Energy in 2007 -- and underscores investors' long-term bet on blockbuster gaming franchises.
rediffGURU Ravi Mittal, CEO, Quack Quack tells you how to avoid arguments and set healthy boundaries with your in-laws.
'It takes time and the experience of a few market cycles to develop awareness about one's true risk appetite.'
Led by marquee player Tomas Martin Etcheverry, the GS Delhi Aces added Belgium's Sofia Costoulas for Rs 11 lakh as well as the doubles specialist Jeevan Neduncheziyan for Rs 6 lakh.
'We expect this festival buying spirit to continue in October as well, with upcoming festivities including Dhanteras and Diwali, which traditionally witness spirited buying from customers.'
Mahendra Singh Dhoni announced on Tuesday that he has completed the DGCA Drone Pilot Certification program.
IndusInd Bank MD and CEO Sumant Kathpalia on Tuesday resigned with immediate effect, taking moral responsibility of accounting lapses in the derivatives portfolio, having financial implication of Rs 1,960 crore to the bank.
The Reserve Bank of India (RBI) has approved IndusInd Bank's request to form an executive committee to discharge the duties and responsibilities of the chief executive officer (CEO) for a period of maximum three months or till a new CEO takes charge, whichever is earlier.
Whether Trump will actually press ahead with the oil sanctions remains unclear, since keeping Russian oil out of the world market risks high oil prices which could boomerang on the US economy and be damaging politically for Trump, points out Ambassador M K Bhadrakumar.
'The primary market's rhythm mirrors investor confidence. While sentiment may appear cautious, it reflects maturity, not weakness.'
New investors should not allow themselves to fall prey to FOMO and rush headlong into gold.
'Do exhaustive research and then select the one that best fits your budget and requirements.'
IT services firm Wipro on Thursday reported a marginal increase in consolidated net profit to Rs 3,246.2 crore in the July-September quarter, even as company CEO and MD Srini Pallia asserted that the demand environment remains robust with discretionary spends shifting towards AI-related projects.
Wholesale price inflation (WPI) softened to 0.13 per cent in September on easing in prices of food articles and manufactured items, government data showed on Tuesday. WPI-based inflation was 0.52 per cent in August and 1.91 per cent in September last year.
Since June, India's ministry of external affairs has intensified its diplomatic calendar, hosting several heads of state and government, foreign ministers, and key trade delegations.
The Election Commission is preparing to roll out a special intensive revision of voter lists across India, potentially before the end of the year. Most voters may not need to provide additional documents if they are already on the electoral roll from the last special intensive revision in their state.
India's gifting market is seeing its biggest festive season yet, with sales through quick commerce platforms like Zepto, Blinkit and Instamart jumping 40%-50% year-on-year.
Electric passenger vehicle (PV) retail sales jumped more than twofold in September with Tata Motors (TaMo) leading the pack having over 6,000 registrations and a 40 per cent market share.
Net inflows into equity mutual funds (MFs) moderated for the second straight month in September, declining 9 per cent during the month to Rs 30,422 crore. The slowdown came as redemptions from active equity schemes rose 30 per cent month-on-month (M-o-M) to a one-year high of around Rs 36,000 crore.
India's brittle energy security is inextricably linked to two opposing paradigms - fossil fuels, and the transition to green energy. The first powers the present; the second paves the way for Viksit Bharat in 2047.
Does voter deletion controversy expose critical gaps in ECI verification procedures and safeguards protecting electoral roll integrity?
The Election Commission is set to begin training poll officers in West Bengal for the special intensive revision (SIR) of electoral rolls, ahead of the upcoming assembly polls. The training aims to equip officers to guide booth-level officers (BLOs) in ensuring a smooth and accurate voter list revision process.
'Returning Indians can leverage their international skills and the strong funding environment for start-ups here.'
Bengaluru is at a critical juncture, where its economic model, reliant on attracting and retaining skilled professionals, is directly threatened by a measurable decline in urban quality of life, point out Shishir Gupta and Rishita Sachdeva.
Organised by TCM Sports, Cricket West Indies' long-term strategic partner, the the Golf Day brought together cricketing legends, global business leaders, and sporting icons on one stage, marking a celebration of West Indies cricket in the company of some of the formidable forces of the game such as Sir Vivian Richards, Brian Lara, and Sir Richie Richardson.
Prime Minister Narendra Modi will inaugurate phase one of the Navi Mumbai International Airport and the final phase of Mumbai Metro Line-3 during his two-day Maharashtra visit. He will also launch Mumbai One, India's first integrated common mobility app.
Use these loans to meet emergency needs, and not to fund holidays or luxury purchases.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances