News for '-ltd'

Debt reduction, joint venture benefits positive for JSW Steel

Debt reduction, joint venture benefits positive for JSW Steel

Rediff.com15 Dec 2025

JSW Steel Ltd (JSTL) has announced a restructuring that unlocks value from Bhushan Power & Steel Ltd (BPSL) and changes the balance-sheet. JSTL will do a slump sale of 50 per cent stake in BPSL to Japan's JFE Steel in two equal tranches, totalling Rs 15,700 crore in cash.

ED attaches assets of celebrities in 1xBet money laundering probe

ED attaches assets of celebrities in 1xBet money laundering probe

Rediff.com19 Dec 2025

The Enforcement Directorate on Friday said it has attached assets worth a combined Rs 8 crore of former Indian cricketers, actors and models like Yuvraj Singh, Robin Uthappa, former Trinamool Congress MP Mimi Chakraborty, Sonu Sood and some others as part of its money laundering probe against an 'illegal' betting app named 1xBet.

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.

FPIs withdraw Rs 17,955 cr from Indian equities so far in Dec

FPIs withdraw Rs 17,955 cr from Indian equities so far in Dec

Rediff.com14 Dec 2025

Foreign investors pulled out Rs 17,955 crore (Rs 2 billion) from Indian equities in the first two weeks of this month, taking the total outflow to Rs 1.6 lakh crore (Rs 18.4 billion) in 2025.' This sharp withdrawal follows a net outflow of Rs 3,765 crore in November, extending the pressure on domestic equity markets.

Airfares May Surge After Court Order

Airfares May Surge After Court Order

Rediff.com19 Dec 2025

The cost of any flight from Delhi and Mumbai could rise by up to Rs 3,000 soon unless the airport regulator is able to reverse a court order.

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.

Insurance: Lack of legacy distribution network a challenge for foreign cos

Insurance: Lack of legacy distribution network a challenge for foreign cos

Rediff.com22 Dec 2025

The Union Cabinet's decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent is unlikely to significantly boost foreign investment as distribution remains a critical factor, requiring overseas players to partner with Indian businesses, experts said.

US court reverses $1 bn damages against Byju

US court reverses $1 bn damages against Byju

Rediff.com10 Dec 2025

A US bankruptcy court has reversed a $1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn Pvt Ltd - the parent firm of ed-tech platform Byju's.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com30 Nov 2025

In an event-heavy week ahead, stock markets' movement would highly depend on macroeconomic data announcements, global trends, RBI's interest rate decision and trading activity of foreign investors, analysts said. India's industrial production data for October 2025 will be released on December 1, an official statement said on Friday.

Delhi police bust three high-value cyber fraud networks; 3 held

Delhi police bust three high-value cyber fraud networks; 3 held

Rediff.com26 Nov 2025

Delhi Police have dismantled three multi-state cyber fraud networks involved in online investment scams, fake trading applications, and KYC fraud, leading to the arrest of three key individuals.

Herald case: HC seeks Gandhis' reply on ED's challenge

Herald case: HC seeks Gandhis' reply on ED's challenge

Rediff.com22 Dec 2025

The Delhi high court on Monday asked Congress leaders Sonia Gandhi, Rahul Gandhi and others to respond to a plea by the Enforcement Directorate (ED) challenging the order of the trial court that refused to take cognisance of its chargesheet against them in the National Herald case.

Why Weddings Need Insurance

Why Weddings Need Insurance

Rediff.com8 Dec 2025

Wedding insurance goes far beyond protecting against cancellations.

TCS pegs $1.5 bn AI revenue, seeks to become largest AI-led tech firm

TCS pegs $1.5 bn AI revenue, seeks to become largest AI-led tech firm

Rediff.com17 Dec 2025

The country's largest IT services firm Tata Consultancy Services on Wednesday outlined an aggressive plan to become the "world's largest AI-led technology services company" as CEO K Krithivasan shared that the company has logged about $1.5 billion in annualised revenue.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com23 Nov 2025

Macroeconomic data, global market trends and trading activity of foreign investors will be the key drivers for dictating market sentiment this week, analysts said. "This week, volatility may increase ahead of the November derivatives expiry. Domestically, markets will track several high-impact macro releases, including Q2 GDP data and industrial production.

TVs may be costlier from January due to memory chips shortage, weak rupee

TVs may be costlier from January due to memory chips shortage, weak rupee

Rediff.com15 Dec 2025

Prices of televisions are expected to rise by 3-4 per cent from January next year on account of the rising cost of memory chips and depreciation of the rupee, which recently crossed the 90-to-a-dollar mark for the first time.

Former India pacer Venkatesh Prasad elected KSCA president

Former India pacer Venkatesh Prasad elected KSCA president

Rediff.com7 Dec 2025

Prasad now will have the onerous task of bringing top-flight cricket back to the state, which got sidelined after the stampede near the M Chinnaswamy Stadium on June 4 in which 11 Royal Challengers Bengaluru fans were killed.

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.

Sensex, Nifty hit fresh highs in early trade

Sensex, Nifty hit fresh highs in early trade

Rediff.com1 Dec 2025

From the Sensex firms, Adani Ports, Bharat Electronics, Eternal, Tata Motors Passenger Vehicles, State Bank of India and Kotak Mahindra Bank were among the biggest gainers. However, ITC, Bajaj Finance, Titan and Tech Mahindra were the laggards.

Sonia Gandhi, Rahul booked in National Herald case

Sonia Gandhi, Rahul booked in National Herald case

Rediff.com30 Nov 2025

Delhi Police has filed an FIR against Congress leaders Sonia Gandhi and Rahul Gandhi and others in the National Herald case based on a complaint by the ED, alleging money laundering and abuse of position for personal gains.

Stock markets rally as RBI cuts rate; Sensex jumps 447 points

Stock markets rally as RBI cuts rate; Sensex jumps 447 points

Rediff.com5 Dec 2025

From the Sensex firms, State Bank of India, Bajaj Finserv, Bajaj Finance, Maruti, HCL Tech, Larsen & Toubro, Mahindra & Mahindra and Infosys were among the major winners. However, Hindustan Unilever, Eternal, Tata Motors Passenger Vehicles, and Sun Pharma were among the laggards.

Emami Q2 PAT down 29.7% at Rs 148.35 cr

Emami Q2 PAT down 29.7% at Rs 148.35 cr

Rediff.com10 Nov 2025

Homegrown FMCG player Emami Ltd on Monday reported a 29.7 per cent decline in consolidated profit after tax at Rs 148.35 crore in the second quarter ended September 30, 2025, impacted by temporary trade disruption in expectation of GST rate cut and excessive rains affecting certain product categories.

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.

Relief for Gandhis as court rejects ED's National Herald chargesheet

Relief for Gandhis as court rejects ED's National Herald chargesheet

Rediff.com17 Dec 2025

The ED has accused Congress leaders Sonia Gandhi and Rahul Gandhi, as well as late party leaders Motilal Vora and Oscar Fernandes, along with Suman Dubey, Sam Pitroda, and a private company, Young Indian, of conspiracy and money laundering.

IndiGo moves Delhi HC seeking Rs 900 crore Customs duty refund

IndiGo moves Delhi HC seeking Rs 900 crore Customs duty refund

Rediff.com13 Dec 2025

InterGlobe Aviation, the operator of IndiGo, has approached the Delhi high court seeking a refund of over Rs 900 crore it claims to have paid as Customs duty on aircraft engines and parts re-imported into India after overseas repairs. The petition came up for hearing on Friday before a bench of Justices Prathiba M Singh and Shail Jain.

Sensex up 388 points, Nifty revisits 26K

Sensex up 388 points, Nifty revisits 26K

Rediff.com17 Nov 2025

From the Sensex pack, Eternal, Maruti Suzuki India, Kotak Mahindra Bank, Mahindra & Mahindra, Tech Mahindra, Titan, HDFC Bank, PowerGrid, Bajaj Finserv, HCL Technologies, Bajaj Finance and Larsen & Toubro were among the gainers. On the other hand, Tata Motors Passenger Vehicles, Asian Paints, UltraTech Cement, Bharat Electronics Ltd, Tata Steel, Adani Ports, Hindustan Unilever, ITC, Tata Consultancy Services and Reliance Industries were the only laggards.

Byju's Alpha alleges $533 million was routed back to founder in new court filing

Byju's Alpha alleges $533 million was routed back to founder in new court filing

Rediff.com18 Nov 2025

Debtor alleges evidence from OCI Ltd shows funds were "round-tripped" to Byju Raveendran despite his earlier sworn statements -- claims Byju's founders strongly reject.

Will RCB have a new owner ahead of IPL 2026?

Will RCB have a new owner ahead of IPL 2026?

Rediff.com5 Nov 2025

Diageo's India arm will begin a strategic review of its investment in a unit which owns the IPL team Royal Challengers Bengaluru, the spirits maker said on Wednesday.

Consumer durable firms set to hike prices as rupee slides

Consumer durable firms set to hike prices as rupee slides

Rediff.com5 Dec 2025

As the rupee has been on a downward slide and crossed 90 a dollar, consumer electronics firms are looking to raise prices of products ranging from air conditioners (ACs) to television panels up to 10 per cent.

Sensex, Nifty settle with modest gains

Sensex, Nifty settle with modest gains

Rediff.com14 Nov 2025

From the Sensex pack, Eternal, Bharat Electronics Ltd, Trent, Axis Bank, State Bank of India, Bajaj Finance, Sun Pharmaceuticals, Asian Paints, Adani Ports, Hindustan Unilever, Reliance Industries, ITC, PowerGrid, Tata Motors Ltd's Commercial Vehicles business, and Bajaj Finserv were the gainers. Infosys, Tata Motors Passenger Vehicles, Tata Steel, ICICI Bank, Tech Mahindra, Titan, UltraTech Cement, Maruti Suzuki India, and Larsen & Toubro were the laggards.

Will New Labour Codes Boost Textile Exports?

Will New Labour Codes Boost Textile Exports?

Rediff.com2 Dec 2025

While the move may give a competitive edge over rivals like Bangladesh in the global market, several industry bodies raised concerns that many state governments may not implement it on the ground.

26 e-com players say they are free from dark patterns: Govt

26 e-com players say they are free from dark patterns: Govt

Rediff.com20 Nov 2025

As many as 26 top e-commerce companies, including Zepto, BigBasket and Zomato, have given an undertaking that their platforms are free from misleading claims and unfair trade practices which constitute 'dark patterns', the government said on Thursday.

Anil Ambani skips ED summons in FEMA case

Anil Ambani skips ED summons in FEMA case

Rediff.com14 Nov 2025

The Enforcement Directorate has issued fresh summons to Reliance Group chairman Anil Ambani to appear before it on November 17 in a FEMA case after he skipped his scheduled date on Friday.

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.

Stock markets end with marginal gains in volatile trade

Stock markets end with marginal gains in volatile trade

Rediff.com13 Nov 2025

From the Sensex pack, Asian Paints, ICICI Bank, PowerGrid, Larsen & Toubro, Bajaj Finserv, Bharti Airtel, Sun Pharmaceuticals, Maruti Suzuki India, Axis Bank, UltraTech Cement and HCL Technologies were the only gainers. On the other hand, Eternal, Tata Motors' commercial vehicles arm, Mahindra & Mahindra, Tata Steel, Bharat Electronics Ltd, Tata Motors Passenger Vehicles, Trent, Tata Consultancy Services, Hindustan Unilever, and Infosys were among the laggards.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com17 Nov 2025

Domestic PMI data, US Federal Reserve meeting minutes and the progress on India-US trade deal negotiations are likely to influence movement in the equity market in the week ahead, according to analysts. Moreover, the trading activity of foreign investors would also influence the equity market trends.

Brookfield India REIT to buy office campus in Bengaluru for Rs 13,125 cr

Brookfield India REIT to buy office campus in Bengaluru for Rs 13,125 cr

Rediff.com5 Nov 2025

Brookfield India Real Estate Trust (BIRET) plans to acquire a large office campus, covering 7.7 million sq ft, in Bengaluru for Rs 13,125 crore to expand its portfolio.

India to cut direct Russian crude imports from December

India to cut direct Russian crude imports from December

Rediff.com5 Nov 2025

India is set to reduce its direct imports of Russian crude from late November, following new US sanctions on Rosneft and Lukoil, effective November 21.

Govt orders 10% cut in IndiGo flights; airline says....

Govt orders 10% cut in IndiGo flights; airline says....

Rediff.com9 Dec 2025

The flights have been cut across sectors, particularly on high-demand, high-frequency routes, according to a DGCA statement.

New twist in Karnataka State Cricket Association polls

New twist in Karnataka State Cricket Association polls

Rediff.com29 Nov 2025

K N Shanth Kumar on Saturday expressed relief after the High Court declared his nomination papers for the post of Karnataka State Cricket Association (KSCA) valid.

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.