News for '-company'

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.

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.

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.

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.

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).

Akash Ambani named MD of Jio Platforms for 5 years ahead of anticipated IPO

Akash Ambani named MD of Jio Platforms for 5 years ahead of anticipated IPO

Rediff.com14 May 2026

Jio Platforms has announced the appointment of Akash Ambani as its managing director for a five-year term, effective from April 9, 2026, as the digital services company prepares for its highly anticipated Initial Public Offering.

Indian killed in Moscow drone strike from Odisha; joined job 2 months ago

Indian killed in Moscow drone strike from Odisha; joined job 2 months ago

Rediff.com19 May 2026

An Indian worker from Odisha was killed and two others were injured in a drone attack by Ukraine in the Moscow region. The deceased, A Rameya, was working at an oil refinery. Efforts are underway to repatriate his body.

How Punjab Police Dismantled Drug Trafficking Networks

How Punjab Police Dismantled Drug Trafficking Networks

Rediff.com31 May 2026

Punjab Police has dismantled the financial infrastructure of drug-trafficking networks, freezing assets worth Rs 300 crore linked to alleged drug smugglers.

Why IPL Banned Smart Sunglasses For Players, Officials

Why IPL Banned Smart Sunglasses For Players, Officials

Rediff.com29 May 2026

The BCCI's Anti-Corruption Unit has banned the use of smart sunglasses by players and match officials in the ongoing IPL due to security concerns and advanced communication features.

Bromocriptine To Marocain: Scripps Bee Winning Words

Bromocriptine To Marocain: Scripps Bee Winning Words

Rediff.com1 Jun 2026

From marocain to bromocriptine, the Scripps National Spelling Bee has challenged young wordsmiths with some of the English language's most obscure and fascinating words over the past decade.

Tailor Held For Arson During Noida Labour Unrest

Tailor Held For Arson During Noida Labour Unrest

Rediff.com23 May 2026

A tailor has been arrested for allegedly setting vehicles on fire during labour unrest in Noida on April 13. Police allege the accused incited workers to strike and then participated in arson, damaging vehicles with iron pipes. The accused was identified using scientific and electronic evidence.

McLaren reaches 1,000 Formula One starts, joins exclusive milestone club

McLaren reaches 1,000 Formula One starts, joins exclusive milestone club

Rediff.com1 Jun 2026

In terms of achievement, McLaren are the second most successful Formula One team of all time with 203 grand prix victories since the first in 1968.

Sunil Mittal plans Bharti Telecom to regain 51% Airtel stake, eyes succession in a decade

Sunil Mittal plans Bharti Telecom to regain 51% Airtel stake, eyes succession in a decade

Rediff.com14 May 2026

Telecom czar Sunil Bharti Mittal plans to hand over the reins of Bharti Airtel to his children in the next decade and desires that promoter firm Bharti Telecom regains over 50 per cent stake in the company.

Kerala Ministers Allege CPI(M)-BJP Understanding Amid ED Raids

Kerala Ministers Allege CPI(M)-BJP Understanding Amid ED Raids

Rediff.com27 May 2026

Kerala ministers deny allegations of a Congress-BJP operation behind ED searches at residences linked to Marxist veteran Pinarayi Vijayan, claiming instead that the CPI(M) had an understanding with the BJP. They also downplayed the significance of the searches and the meeting between the Kerala CM and the Prime Minister.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com22 May 2026

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

Byju's Founder Byju Raveendran Sentenced to Jail in Singapore for Contempt of Court

Byju's Founder Byju Raveendran Sentenced to Jail in Singapore for Contempt of Court

Rediff.com27 May 2026

Byju Raveendran, founder of the embattled edtech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt of court over alleged non-compliance with disclosure orders, a ruling he described as "procedural" and plans to appeal.

Pradhan, Rahul Gandhi engage in public spat over CBSE exam row

Pradhan, Rahul Gandhi engage in public spat over CBSE exam row

Rediff.com28 May 2026

Education Minister Dharmendra Pradhan and Rahul Gandhi have engaged in a public dispute over alleged irregularities in the CBSE exam system, with Gandhi demanding an independent probe and Pradhan accusing Gandhi of politicising the issue.

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Rediff.com20 May 2026

The Competition Commission of India (CCI) has approved the acquisition of a stake in AI acceleration cloud provider Neysa Networks by Blackstone-backed private equity funds and other investors, following Neysa's announcement of a USD 1.2 billion capital raise.

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Rediff.com2 Jun 2026

Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.

Delhi Police Nab Suspect In Anand Parbat Murder Case

Delhi Police Nab Suspect In Anand Parbat Murder Case

Rediff.com28 May 2026

Delhi Police have arrested the prime suspect and apprehended a juvenile in connection with the murder of a 21-year-old man in Delhi's Anand Parbat area. The victim, Sagar, was allegedly killed due to a past rivalry.

West Asia crisis may cost India Rs 2.1 trillion, says BoB

West Asia crisis may cost India Rs 2.1 trillion, says BoB

Rediff.com23 May 2026

Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.

Sebi May Allow Salary In MFs

Sebi May Allow Salary In MFs

Rediff.com21 May 2026

Investments under the framework would remain voluntary for employees.

Robert Vadra Withdraws Plea In Money Laundering Case

Robert Vadra Withdraws Plea In Money Laundering Case

Rediff.com18 May 2026

Businessman Robert Vadra unconditionally withdrew his petition in the Delhi High Court challenging a trial court order that summoned him in a money laundering case linked to a land deal in Haryana's Shikohpur.

Water Could Help India Cut Fuel Consumption, Emissions

Water Could Help India Cut Fuel Consumption, Emissions

Rediff.com17 May 2026

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water in fuel.

India is now world's largest market for Nestle's KitKat

India is now world's largest market for Nestle's KitKat

Rediff.com17 May 2026

India has emerged as the largest global market for Nestle's iconic KitKat chocolate-coated wafer bar, surpassing other nations due to strong consumer penetration, product innovation, and aggressive marketing investments.

Rana Kapoor Faces FIR Over Alleged Illegal Property Transfer

Rana Kapoor Faces FIR Over Alleged Illegal Property Transfer

Rediff.com15 May 2026

Mumbai Police have registered an FIR against former Yes Bank MD and CEO Rana Kapoor and others for alleged illegal transfer of mortgaged property worth Rs 1,000 crore.

The Leslee Lewis Podcast: 'Stopped Doing Remixes After KBC'

The Leslee Lewis Podcast: 'Stopped Doing Remixes After KBC'

Rediff.com26 May 2026

'I have never chased money. Yes, you have to pay me my worth. I am not a free artiste but I don't chase money.'

Imtiaz Ali: 'I Can Kill 25 People In A Minute On Screen, But...'

Imtiaz Ali: 'I Can Kill 25 People In A Minute On Screen, But...'

Rediff.com3 Jun 2026

'...depicting a love story is hard.'

Delhi govt advises 2-day WFH for pvt sector, car pooling

Delhi govt advises 2-day WFH for pvt sector, car pooling

Rediff.com17 May 2026

The Delhi government has advised private companies and organisations to adopt a two-day work-from-home policy, make changes to office timings, and urge employees to avail car pooling and public transport to support the fuel-saving efforts amid global uncertainties.

Delhi Police Busts GST Fraud Cartel, Arrests Six

Delhi Police Busts GST Fraud Cartel, Arrests Six

Rediff.com16 May 2026

The Delhi Police's Economic Offences Wing (EOW) has dismantled a GST fraud cartel, arresting six individuals involved in swindling Rs 128 crore through shell companies and fake invoicing.

Petrol, diesel prices hiked again within a week, up by 90 paise

Petrol, diesel prices hiked again within a week, up by 90 paise

Rediff.com19 May 2026

Petrol and diesel prices in India have been increased for the second time in a week, following a long freeze on revisions. The increase comes as global crude prices surge and state-run oil firms look to recoup losses.

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

Rediff.com13 May 2026

Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.

Rupee Fall Exposes India's Economic Weakness

Rupee Fall Exposes India's Economic Weakness

Rediff.com27 May 2026

We who were dreaming of being the third largest economy in dollar terms, have slid back to sixth, thanks to the falling rupee. We are moving about with begging bowls for investments and trade opportunities, which will be a while in materialising, if ever, notes Shreekant Sambrani.

Kerala Man Arrested For Rs 1.19 Crore Online Trading Scam

Kerala Man Arrested For Rs 1.19 Crore Online Trading Scam

Rediff.com22 May 2026

A 47-year-old man from Palakkad has been arrested for allegedly cheating a Thiruvananthapuram resident of over Rs 1.19 crore in an online trading scam.