News for '-company'

2030 CWG in Ahmedabad to host 17 sports at massive cost savings

2030 CWG in Ahmedabad to host 17 sports at massive cost savings

Rediff.com22 Jun 2026

Seventeen sports will feature at the 2030 Commonwealth Games in Ahmedabad, which is set to be staged at around 60 per cent lower cost than previous editions as part of the Commonwealth Sport's revamped hosting model.

Holoflex Plans Major Investment Amid Rising Counterfeit Concerns

Holoflex Plans Major Investment Amid Rising Counterfeit Concerns

Rediff.com11 Jun 2026

Holoflex Ltd, a leading anti-counterfeiting and security solutions provider, plans to invest Rs 30 crore over the next two years to establish a second manufacturing facility. This expansion is driven by increasing demand for integrated brand protection solutions and growing concerns over counterfeit products across various sectors, including essential goods. The company aims to significantly boost its revenue and strengthen its position in the rapidly growing anti-counterfeiting market.

Made-in-India drone swarms pass battlefield trial

Made-in-India drone swarms pass battlefield trial

Rediff.com24 Jun 2026

The autonomous, edge-native drone swarms are capable of continuing operations even when some lose connectivity, run low on battery, or return to base.

Oracle And UPSDM Join Forces To Upskill 3 Lakh In AI, Cloud

Oracle And UPSDM Join Forces To Upskill 3 Lakh In AI, Cloud

Rediff.com15 Jun 2026

Oracle has partnered with the Uttar Pradesh State Skill Development Mission (UPSDM) to provide free digital skills training in AI, cloud, cybersecurity, and data science to 300,000 students and professionals by 2029, aiming to enhance employability and build a future-ready workforce.

UK court orders Nirav Modi to pay over $11.5 million to Bank of India

UK court orders Nirav Modi to pay over $11.5 million to Bank of India

Rediff.com24 Jun 2026

Fugitive diamond merchant Nirav Modi has been ordered by a UK High Court to pay Bank of India over USD 11.5 million, including accruing interest, for a personal loan guarantee related to his Dubai-incorporated firm, Firestar Diamond FZE.

Telegram app is back on Google after ban, not on Apple

Telegram app is back on Google after ban, not on Apple

Rediff.com23 Jun 2026

Instant messaging platform Telegram has been restored in India after a week-long government ban, imposed due to its alleged role in circulating leaked NEET examination papers, expired. The Delhi High Court had upheld the ban as lawful and necessary.

Rajesh Exports dismisses 'speculative' claims of inflated revenue, LIC share placement

Rajesh Exports dismisses 'speculative' claims of inflated revenue, LIC share placement

Rediff.com5 Jun 2026

Rajesh Exports has vehemently denied allegations of inflated revenues and preferential share placement to LIC, labelling them 'speculative inferences' and affirming its commitment to addressing concerns raised by Sebi.

AI Boom Displaces India Inc from MSCI EM Top 10 for First Time in 26 Years

AI Boom Displaces India Inc from MSCI EM Top 10 for First Time in 26 Years

Rediff.com9 Jun 2026

The unprecedented rally in artificial intelligence (AI)-linked stocks has led to Indian companies being excluded from the top 10 constituents of the MSCI Emerging Markets (EM) Index for the first time in over two decades, raising concerns about concentration risk.

Centre tightens FCRA rules for NGOs receiving foreign funds

Centre tightens FCRA rules for NGOs receiving foreign funds

Rediff.com23 Jun 2026

The Indian government has amended the Foreign Contribution Regulation Act (FCRA) rules, introducing stricter regulations for NGOs receiving foreign funds. Key changes include mandatory selection of predefined purposes and areas of operation, restrictions on foreign nationals as key functionaries, and explicit exclusion of proselytisation from certain faith-based activities. The amendments also introduce minimum spending limits, enhanced financial accountability, and increased transparency requirements, including social media disclosure and ultimate donor identification.

Want To Study At Melbourne University?

Want To Study At Melbourne University?

Rediff.com22 Jun 2026

'We're doing a lot of work around work-integrated learning, providing students with every opportunity to take at least part of their education as a practical work-based experience.'

Forward Deployed Engineers In High Demand

Forward Deployed Engineers In High Demand

Rediff.com15 Jun 2026

In the first three quarters of 2025, FDE job demand jumped by nearly 800 per cent.

Rajesh Exports' chief distances firm from LIC's investments

Rajesh Exports' chief distances firm from LIC's investments

Rediff.com8 Jun 2026

Rajesh Mehta, Chairman of Rajesh Exports, has distanced his firm from LIC's investment decisions, stating, "We don't even know where LIC's office is. We have no contact, no connection. This decision of buying shares through the secondary market is their own decision in a prudent commercial manner."

L&T bets big on 'digital workers' to overcome manpower challenges in projects

L&T bets big on 'digital workers' to overcome manpower challenges in projects

Rediff.com9 Jun 2026

Larsen & Toubro (L&T) is significantly investing in automation, robotics, and technology-led solutions to scale up its construction activities, as increasing traditional manpower is no longer a viable growth option, according to CFO R Shankar Raman.

SEE: How K-Pop, Cuisine and Football United South Korea and Mexico

SEE: How K-Pop, Cuisine and Football United South Korea and Mexico

Rediff.com19 Jun 2026

Thanks to major companies like Kia, Mexico has seen a huge influx of South Korean population in places like Monterrey, with Korean cuisine and K-Pop becoming major influences in the country.

Starlink in 'Productive Discussions' with India, Awaits Final Clearance

Starlink in 'Productive Discussions' with India, Awaits Final Clearance

Rediff.com10 Jun 2026

Elon Musk's Starlink is in "active and productive discussions" with the Indian government, awaiting final regulatory clearance, including spectrum allocation, to launch its satellite internet services, despite media reports suggesting a freeze on approvals.

India-UK FTA: Alcobev Industry Welcomes Tariff Cuts, Domestic Makers Seek Level Playing Field

India-UK FTA: Alcobev Industry Welcomes Tariff Cuts, Domestic Makers Seek Level Playing Field

Rediff.com17 Jun 2026

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.

SC grants Bihar contractor 4-week protection from arrest in tender case

SC grants Bihar contractor 4-week protection from arrest in tender case

Rediff.com16 Jun 2026

The Supreme Court has granted four weeks of protection from arrest to Bihar-based contractor Rishu Shree, who is accused of acting as a middleman in government tender manipulation. Shree is alleged to have charged commissions to facilitate contracts, with the Enforcement Directorate investigating a "larger conspiracy" involving multiple Bihar departments.

Tata Motors' CV arm shifts focus to services, digital biz for growth

Tata Motors' CV arm shifts focus to services, digital biz for growth

Rediff.com8 Jun 2026

Tata Motors' commercial vehicle business is increasingly focusing on parts, services, connected-vehicle platforms, and digital businesses to drive growth and reduce dependence on cyclical vehicle sales, as outlined in its FY26 annual report.

Avoid Costly Mistakes In ITR Filing

Avoid Costly Mistakes In ITR Filing

Rediff.com24 Jun 2026

With more granular reporting and enhanced data matching, mismatches are likely to be identified more quickly.

Paint Majors' Outlook Brightens on Robust Demand, Strategic Price Hikes

Paint Majors' Outlook Brightens on Robust Demand, Strategic Price Hikes

Rediff.com8 Jun 2026

Indian paint majors, including Asian Paints, Berger Paints, and Kansai Nerolac, reported better-than-expected performance in Q4FY26, driven by steady demand, improved product mix, and strategic price hikes. The sector is also benefiting from reduced competitive intensity as new players also increase prices, narrowing the gap with incumbents.

India Achieves Quantum Cooling Milestone

India Achieves Quantum Cooling Milestone

Rediff.com20 Jun 2026

This is one of the coldest temperatures achieved in a research facility in India with more than 80 per cent domestically sourced components.

Magical Salah inspires Egypt to historic World Cup victory

Magical Salah inspires Egypt to historic World Cup victory

Rediff.com22 Jun 2026

Talismanic Mohamed Salah scores twice to help Egypt rally to 3-1 win over New Zealand on Sunday.

Father's Day: 'I Work Odd Hours, But I Still Show Up'

Father's Day: 'I Work Odd Hours, But I Still Show Up'

Rediff.com21 Jun 2026

For Valerian Vincent, who works a night shift for a US-based company, fatherhood means squeezing playtime, learning and love into the few precious hours he gets with his one-and-a-half-year-old son.

Desi co-founded firm behind drone boat in rescue of US Apache crew

Desi co-founded firm behind drone boat in rescue of US Apache crew

Rediff.com10 Jun 2026

A drone boat, co-founded by Indian-American Vibhav Altekar, successfully rescued two crew members of a downed US Army Apache helicopter near the Strait of Hormuz, marking a first-of-its-kind autonomous surface vessel rescue for the US Armed Forces.

BJP Leaders Assure Support To Family Of Indian Seafarer Killed Off Oman Coast

BJP Leaders Assure Support To Family Of Indian Seafarer Killed Off Oman Coast

Rediff.com13 Jun 2026

BJP leaders and other political figures visited the family of Shivanand Chaurasia in Deoria, Uttar Pradesh, who was among three Indian crew members killed in an attack on merchant ships off the Oman coast. They offered condolences and assured the family of government and party support. Shivanand, an engine fitter, was on a tanker targeted on June 10, and his body was recovered on Thursday.

Rajesh Exports denies financial irregularities, blames 'communication gap' for Sebi action

Rajesh Exports denies financial irregularities, blames 'communication gap' for Sebi action

Rediff.com4 Jun 2026

Rajesh Exports has refuted allegations of financial irregularities, stating that its reported revenues are accurate and attributing the Securities and Exchange Board of India's (Sebi) interim action to a 'communication gap' between the regulator and the company.

India must focus on long-term growth, not short-term challenges: Citi CEO

India must focus on long-term growth, not short-term challenges: Citi CEO

Rediff.com12 Jun 2026

Despite current headwinds, India remains the world's fastest-growing major economy and should not allow near-term challenges to obscure its long-term growth potential, said Jane Fraser, Citi Chair and Chief Executive Officer.

How CBI Is Tackling Widespread Builder-Banker Fraud

How CBI Is Tackling Widespread Builder-Banker Fraud

Rediff.com8 Jun 2026

The Central Bureau of Investigation has filed a charge sheet against Ninex Developers Ltd and its director for alleged fraudulent activities in a Gurugram housing project. This marks the 11th charge sheet in the ongoing builder-banker nexus investigation, initiated by the Supreme Court, which involves 50 cases nationwide where homebuyers were allegedly cheated.

How CBI Is Tackling Widespread Builder-Banker Fraud

How CBI Is Tackling Widespread Builder-Banker Fraud

Rediff.com8 Jun 2026

The Central Bureau of Investigation has filed a charge sheet against Ninex Developers Ltd and its director for alleged fraudulent activities in a Gurugram housing project. This marks the 11th charge sheet in the ongoing builder-banker nexus investigation, initiated by the Supreme Court, which involves 50 cases nationwide where homebuyers were allegedly cheated.

Emirates NBD buys majority stake in RBL Bank for $2.75 bn

Emirates NBD buys majority stake in RBL Bank for $2.75 bn

Rediff.com18 Jun 2026

Emirates NBD Bank has successfully acquired a 60 per cent majority stake in RBL Bank through a primary capital infusion of approximately USD 2.75 billion, marking the largest foreign direct investment in India's banking sector.

Stringent MCOCA To Target Organised Gutka Trade In Maharashtra

Stringent MCOCA To Target Organised Gutka Trade In Maharashtra

Rediff.com12 Jun 2026

Maharashtra FDA Commissioner Tukaram Mundhe has directed officials to invoke the stringent Maharashtra Control of Organised Crime Act (MCOCA) against gangs involved in the illegal manufacture and sale of gutka and other banned tobacco products. This move aims to treat such activities as serious organised crimes affecting public health, rather than mere regulatory violations, due to the sophisticated nature of the illegal trade.

Stringent MCOCA To Target Organised Gutka Trade In Maharashtra

Stringent MCOCA To Target Organised Gutka Trade In Maharashtra

Rediff.com12 Jun 2026

Maharashtra FDA Commissioner Tukaram Mundhe has directed officials to invoke the stringent Maharashtra Control of Organised Crime Act (MCOCA) against gangs involved in the illegal manufacture and sale of gutka and other banned tobacco products. This move aims to treat such activities as serious organised crimes affecting public health, rather than mere regulatory violations, due to the sophisticated nature of the illegal trade.

Govt restricts bulk petrol, diesel purchases from retail pumps

Govt restricts bulk petrol, diesel purchases from retail pumps

Rediff.com12 Jun 2026

The Indian government has restricted industrial, commercial, and institutional users from purchasing petrol and diesel from retail petrol pumps, directing them to bulk sale points instead. This move, which can last up to 90 days, aims to address abnormal demand growth and prevent localised shortages caused by a significant price difference between retail and bulk fuel prices.

Stanford students walk out during Sundar Pichai's address over deal with Israel

Stanford students walk out during Sundar Pichai's address over deal with Israel

Rediff.com15 Jun 2026

Students at Stanford University staged a walkout during Google CEO Sundar Pichai's commencement address, protesting the company's ties with the Israeli government, particularly its Project Nimbus cloud-computing deal.

Priyanka Chopra To Star With Angelina Jolie

Priyanka Chopra To Star With Angelina Jolie

Rediff.com19 Jun 2026

Priyanka Chopra Jonas has announced a collaboration with Angelina Jolie while also sharing insights into her role in S S Rajamouli's Varanasi.

Born in Tamil Nadu, Made for the World: Hyundai to make TN its EV hub

Born in Tamil Nadu, Made for the World: Hyundai to make TN its EV hub

Rediff.com10 Jun 2026

Hyundai Motor India Ltd (HMIL) announced plans to make Tamil Nadu its 'flagship EV hub for India', committing over 26,000 crore in investment, enhancing localisation, and creating approximately 2,000 additional jobs over the next five to six years. The company will roll out two new EV models from its Chennai facility this year, including its first mass-market dedicated EV.

CBI Uncovers Rs 657 Crore Fraud In Haryana And Chandigarh Government Funds

CBI Uncovers Rs 657 Crore Fraud In Haryana And Chandigarh Government Funds

Rediff.com12 Jun 2026

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.

Flipkart Strengthens Tech Leadership With Strategic AI And Fintech Appointments

Flipkart Strengthens Tech Leadership With Strategic AI And Fintech Appointments

Rediff.com12 Jun 2026

E-commerce major Flipkart has announced significant appointments to its technology leadership team, bringing in experts in artificial intelligence, data science, fintech, and core engineering. These strategic hires, including Goda Ramkumar, Mohan Palisetti, and Nitesh Jain, are aimed at strengthening Flipkart's capabilities in these critical areas to better serve India's expanding digital consumer and seller base.

Flipkart Strengthens Tech Leadership With Strategic AI And Fintech Appointments

Flipkart Strengthens Tech Leadership With Strategic AI And Fintech Appointments

Rediff.com12 Jun 2026

E-commerce major Flipkart has announced significant appointments to its technology leadership team, bringing in experts in artificial intelligence, data science, fintech, and core engineering. These strategic hires, including Goda Ramkumar, Mohan Palisetti, and Nitesh Jain, are aimed at strengthening Flipkart's capabilities in these critical areas to better serve India's expanding digital consumer and seller base.

Reliance Retail to build manufacturing, export platforms for next phase of growth: Mukesh Ambani

Reliance Retail to build manufacturing, export platforms for next phase of growth: Mukesh Ambani

Rediff.com19 Jun 2026

Reliance Industries Ltd (RIL) is preparing for its next phase of growth by establishing advanced manufacturing and export platforms to strengthen its consumer products ecosystem and expand its global footprint, Chairman and MD Mukesh Ambani announced.