News for '-india-ltd'

Qatar declares force majeure, gas supplies to Indian industry cut

Qatar declares force majeure, gas supplies to Indian industry cut

Rediff.com3 Mar 2026

Qatar, India's largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in production in the wake of an Iranian drone strike -- a disruption that has led to a cut in supplies to Indian industry by up to 40 per cent, sources said.

Multinational pharma cos, Indian drugmakers diverge to mutual gain: How win-win is it?

Multinational pharma cos, Indian drugmakers diverge to mutual gain: How win-win is it?

Rediff.com6 days ago

For decades, multinational pharmaceutical companies and Indian drugmakers worked in ways that supported each other: MNCs brought innovation and brands, while Indian companies built scale through generics and cost efficiency. There was an important overlap - generic drugs - but this is shrinking fast. And the consequences are reshaping India's gigantic pharmaceutical market.

Western Coalfields Finds Rare Earth Elements in Maharashtra Mines

Western Coalfields Finds Rare Earth Elements in Maharashtra Mines

Rediff.com27 Feb 2026

Western Coalfields Limited (WCL) has discovered significant concentrations of rare earth elements and critical minerals in its mines in Maharashtra, potentially transforming waste material into revenue-generating resources and diversifying the company's business.

HUL Q3 profit up two-fold to Rs 6,603 cr

HUL Q3 profit up two-fold to Rs 6,603 cr

Rediff.com12 Feb 2026

FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a two-fold jump in consolidated net profit to Rs 6,603 crore in the December quarter of FY'26, on a year-on-year basis, driven by a one-off positive impact from the demerger of its ice cream business.

Entry-level cars rebound, boost Maruti's quarterly sales to record high

Entry-level cars rebound, boost Maruti's quarterly sales to record high

Rediff.com6 Feb 2026

Maruti Suzuki sold more cars than ever before, earned more money, and saw many first-time buyers choosing small cars again.

Rahul accuses EC of 'gaslighting citizens'; BJP responds

Rahul accuses EC of 'gaslighting citizens'; BJP responds

Rediff.com16 Jan 2026

Congress leader Rahul Gandhi alleges 'vote chori' amid controversy over the quality of indelible ink used in Maharashtra civic polls. The Election Commission has launched a probe into the matter.

Oppn flags wipe-off ink in Maha civic polls; SEC orders probe

Oppn flags wipe-off ink in Maha civic polls; SEC orders probe

Rediff.com15 Jan 2026

The Brihanmumbai Municipal Corporation (BMC) has refuted reports that indelible ink marks on voters' fingers were being wiped off during the ongoing civic polls. The BMC clarified that the Municipal Commissioner had not made any such statement.

ISRO Readies For Crucial Space Launches

ISRO Readies For Crucial Space Launches

Rediff.com10 Jan 2026

These upcoming launches carry added significance in light of setbacks suffered in recent years.

Aramco, OIL likely to pick up stake in BPCL's Andhra refinery

Aramco, OIL likely to pick up stake in BPCL's Andhra refinery

Rediff.com30 Dec 2025

State-owned Bharat Petroleum Corporation Ltd (BPCL) is willing to dilute a 30-40 per cent stake in its upcoming greenfield refinery in Andhra Pradesh, with Gulf energy major Saudi Aramco and upstream player Oil India Ltd (OIL) likely to join as partners, a senior BPCL executive said.

Second wave of dematerialisation takes off in unlisted companies

Second wave of dematerialisation takes off in unlisted companies

Rediff.com26 Dec 2025

In the mid-1990s, when the shares of listed companies first began to be held in electronic form, they accounted for less than 1 per cent of the stocks bought and sold on the stock exchanges. This climbed to 99.5 per cent by 2001.

Govt notifies Rs 7,280-cr scheme to manufacture rare earth magnets in India

Govt notifies Rs 7,280-cr scheme to manufacture rare earth magnets in India

Rediff.com17 Dec 2025

The Centre has notified the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet (REPM) with an outlay of Rs 7,280 crore. The initiative is targeting to reduce dependence on China for critical inputs and secure supply chains for EVs, electronics, aerospace and green energy.

Historic! ISRO's 'Bahubali' rocket launches heaviest-ever satellite

Historic! ISRO's 'Bahubali' rocket launches heaviest-ever satellite

Rediff.com24 Dec 2025

Weighing 6,100 kg, the communication satellite would be the heaviest payload to be placed into the Low Earth Orbit (LEO) in LVM3 launch history from Indian soil.

LS clears Insurance Amendment Bill to allow 100% FDI in insurance sector

LS clears Insurance Amendment Bill to allow 100% FDI in insurance sector

Rediff.com17 Dec 2025

Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable.

Hyundai Motor Q2 rises 14.3% to Rs 1,572.26 cr

Hyundai Motor Q2 rises 14.3% to Rs 1,572.26 cr

Rediff.com30 Oct 2025

Hyundai Motor India Ltd on Thursday reported a 14.3 per cent rise in consolidated net profit to Rs 1,572.26 crore in the second quarter ended September 30, 2025.

Bhopal gas anniversary rally sparks row over effigy; organisers booked

Bhopal gas anniversary rally sparks row over effigy; organisers booked

Rediff.com4 Dec 2025

A rally marking the 41st anniversary of the Bhopal gas tragedy was disrupted by a controversy over an effigy allegedly depicting an RSS 'sevak,' leading to an FIR against organizers.

LG Electronics' Rs 11,607-cr IPO garners 54 times subscription

LG Electronics' Rs 11,607-cr IPO garners 54 times subscription

Rediff.com10 Oct 2025

The initial public offering of LG Electronics India Ltd received 54.02 times subscription on the final day of bidding on Thursday, driven by overwhelming participation from institutional buyers.

Chinese steel inflows via Nepal raise alarm

Chinese steel inflows via Nepal raise alarm

Rediff.com24 Nov 2025

The matter has now been escalated and the ministry has written to Customs, Bureau of Indian Standards (BIS) and the Directorate of Revenue Intelligence (DRI) to investigate it thoroughly.

Maruti Suzuki Q2 net profit rises 8% to Rs 3,349 cr

Maruti Suzuki Q2 net profit rises 8% to Rs 3,349 cr

Rediff.com31 Oct 2025

Maruti Suzuki India Ltd on Friday reported an 8 per cent rise in consolidated net profit to Rs 3,349 crore for the second quarter ended September 30.

Nestle's Q2 profit slips 17.4% to Rs 743 cr

Nestle's Q2 profit slips 17.4% to Rs 743 cr

Rediff.com16 Oct 2025

FMCG major Nestle India Ltd on Thursday reported a 17.37 per cent decline in consolidated net profit to Rs 743.17 crore for the September 2025 quarter.

'Not hatchbacks, not sedans, SUVs still king post-GST cut'

'Not hatchbacks, not sedans, SUVs still king post-GST cut'

Rediff.com12 Nov 2025

'In the January-August period, the share of hatchback in the overall PV industry sales was about 22.4 per cent. In the September-October period, the share of hatchbacks has come down to 20.4 per cent. In just October, their share was just 20 per cent. This is simple wholesale data from industry body SIAM.'

Will GST cut bring back hatchbacks to top of the line?

Will GST cut bring back hatchbacks to top of the line?

Rediff.com12 Nov 2025

Since the Indian government reduced GST on small cars on September 22, the small car segment's share in Maruti's overall sales has risen to more than 25 per cent, up from 16.6 per cent earlier in FY26.

India Opens Doors To Foreign Banks, But...

India Opens Doors To Foreign Banks, But...

Rediff.com12 Nov 2025

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.

Carmakers post record sales in Oct driven by GST rate cut

Carmakers post record sales in Oct driven by GST rate cut

Rediff.com1 Nov 2025

Top carmakers led by Maruti Suzuki, Mahindra & Mahindra, Tata Motors Passenger Vehicles and Kia India on Saturday reported record sales in the domestic market riding on festive demand boosted by GST rate cut. Other manufacturers such as Skoda Auto India and Toyota Kirloskar Motor also posted impressive growth in sales in October.

Tata Capital, LG to launch IPOs worth over Rs 27,000 crore

Tata Capital, LG to launch IPOs worth over Rs 27,000 crore

Rediff.com5 Oct 2025

The primary market is set for a busy week as two major companies, Tata Capital Ltd and LG Electronics India Ltd, gear up to launch their initial public offerings (IPOs), collectively worth more than Rs 27,000 crore.

Hyundai Motor India to invest Rs 45k cr by FY30

Hyundai Motor India to invest Rs 45k cr by FY30

Rediff.com15 Oct 2025

South Korean auto major Hyundai Motor Co president & CEO Jose Munoz on Wednesday said the company's Indian arm will invest Rs 45,000 crore by FY30, aiming to make India its second-largest region globally. Addressing investors here in his first visit to the country, Munoz said Hyundai Motor India Ltd (HMIL) has set a target of up to 30 per cent export contribution.

Can Private Bankers Transform Public Sector Banks?

Can Private Bankers Transform Public Sector Banks?

Rediff.com29 Oct 2025

Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.

Race For Stealth Fighter Jet Heats Up

Race For Stealth Fighter Jet Heats Up

Rediff.com1 Oct 2025

This is seen as the first concrete opportunity to break HAL's monopoly in combat aircraft manufacturing, potentially opening the door to a private-sector fighter jet producer.

Oil India discovers natural gas in Andaman shallow offshore block

Oil India discovers natural gas in Andaman shallow offshore block

Rediff.com27 Sep 2025

Oil India has discovered natural gas reserves off the Andaman Islands, the state-owned firm said without putting an estimate of the size of the find. In a statement, OIL said "occurrence of natural gas" was reported in the second exploratory well Vijayapuram-2 drilled in the Offshore Andaman Block AN-OSHP-2018/1, which the company had won under the Open Acreage Licensing Policy (OALP).

Car sales in fast lane in Sep on lower prices post GST rejig

Car sales in fast lane in Sep on lower prices post GST rejig

Rediff.com1 Oct 2025

Auto majors Maruti Suzuki, Tata Motors and Mahindra & Mahindra reported robust sales in September as reduced price tags owing to GST rationalisation led to record demand in the Navaratri period. The month also saw Tata Motors and Mahindra & Mahindra settling at number two and three positions, respectively in vehicle wholesales ahead of Hyundai Motor India.

'Big Discovery In Deepwater Basin Need Of Hour'

'Big Discovery In Deepwater Basin Need Of Hour'

Rediff.com3 Sep 2025

'Both initiatives are welcome moves and we would commit ourselves with focused attention aligned with the national priorities, and pursue our exploration initiatives.'

Rare Earth Magnet Crunch Persists For Automakers

Rare Earth Magnet Crunch Persists For Automakers

Rediff.com11 Sep 2025

'Despite assurance from China, none of the companies have received supplies from Chinese sellers.'

Why EVMs Won't Be Used In VP Election

Why EVMs Won't Be Used In VP Election

Rediff.com8 Sep 2025

EVMs can't be used in presidential, vice-presidential, or Rajya Sabha polls because they only count simple votes, not the preference-based system needed for these elections.

Industrialist Ratul Puri discharged in Rs 1,101-cr Moser Baer cases

Industrialist Ratul Puri discharged in Rs 1,101-cr Moser Baer cases

Rediff.com20 Jun 2025

An accused is discharged at the stage of charge-framing when the judiciary is persuaded that the prosecution's claims do not contain adequate prima facie evidence to suggest criminal conduct.

British American Tobacco sells 2.5% stake in ITC for Rs 12,927 crore

British American Tobacco sells 2.5% stake in ITC for Rs 12,927 crore

Rediff.com28 May 2025

British multinational BAT Plc on Wednesday trimmed its ownership in conglomerate ITC by divesting a 2.5 per cent stake for Rs 12,927 crore ($1.51 billion) through a block deal, according to a revised term sheet accessed by PTI. Following the stake sale, shares of ITC went lower by 1.15 per cent to trade at Rs 421.15 apiece on the NSE.

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Rediff.com11 Jul 2025

India's mergers & acquisitions (M&As) market recorded deals worth $45.44 billion in the first half of 2025, up nearly 3.3 per cent from a year ago, even as ultra large-ticket transactions remained subdued. During the first half, the 7.1 per cent rise in deal count to 1,614 signals continuing appetite among domestic conglomerates and private equity (PE) funds for mid-sized and smaller assets.

Hydrogen-run cars get a boost with Hyundai-IITM tieup

Hydrogen-run cars get a boost with Hyundai-IITM tieup

Rediff.com10 Jul 2025

The only other company working on hydrogen cars in India is Toyota Kirloskar Motor.

A Nuclear Scientist Who Advocated Disarmament

A Nuclear Scientist Who Advocated Disarmament

Rediff.com4 Jun 2025

M R Srinivasan focused on the peaceful use of nuclear power at a time when the popular view among the 'hawks' was that India should build a nuclear arsenal as a deterrent.

JSW Paints to buy Akzo Nobel India in Rs 8,986-crore deal

JSW Paints to buy Akzo Nobel India in Rs 8,986-crore deal

Rediff.com27 Jun 2025

JSW Paints, part of $23 billion JSW Group, on Friday said it will acquire majority controlling stake in Akzo Nobel India Ltd (ANIL), the maker of Dulux paints, for Rs 8,986 crore. It will acquire 74.76 per cent stake from its Dutch promoters/holding entities -- namely Imperial Chemical Industries and Akzo Nobel Coatings International BV -- for a consideration of Rs 8,986 crore, according to a statement from the JSW Group firm.

UP plans high-tech defence shield against nuke, chemical attacks

UP plans high-tech defence shield against nuke, chemical attacks

Rediff.com8 Jun 2025

Drawing lessons from security protocols of Parliament, the state is working closely with agencies like the Defence Research and Development Organisation and the Electronics Corporation of India Ltd to design a multi-layered safety mechanism.

Rs 1,500 cr incentive scheme in the works for recycling critical minerals

Rs 1,500 cr incentive scheme in the works for recycling critical minerals

Rediff.com14 Jun 2025

Following the disruption in the supply of rare earth or permanent magnets after China's notification on April 4, the mines ministry is planning to introduce a Rs 1,500 crore incentive scheme to recycle critical minerals, according to a top official.