Actor Mahesh Babu has been summoned by the Enforcement Directorate (ED) in a money laundering case related to realty group Surana group and Sai Surya Developers. The actor is accused of receiving over Rs 5.5 crore for appearing in advertisements for the Surana Group. The ED earlier found illegal transactions worth Rs 100 crore and seized Rs 74.5 lakh in cash during searches at Surana group's affiliated companies. Surana Group is accused of fraud under the guise of real estate ventures and is alleged to have caused financial losses to numerous investors.
The surge in the market price is also attributed to demand by retail and high-networth individual investors ahead of the IPO.
Punjab Chief Minister Bhagwant Mann announced a Rs 5 lakh ex gratia from the Chief Minister's Relief Fund for the family of Sukhwinder Kaur. He expressed deep sorrow over Kaur's death.
HCL Tech, State Bank of India, Infosys, Tech Mahindra, Tata Consultancy Services, Bajaj Finserv, Larsen & Toubro, Mahindra & Mahindra and Titan were also among the losers in the Sensex pack. Eternal, Hindustan Unilever, Asian Paints, ITC, Tata Motors and NTPC were among the gainers.
During his two-day Gujarat visit, PM Modi is scheduled to take part in public events in Dahod, Bhuj and Gandhinagar and inaugurate and lay the foundation stones for a series of development projects costing over Rs 82,950 crore, an official release stated.
Net direct tax collection grew 19.54 per cent to over Rs 5.74 lakh crore so far this fiscal on higher advance tax payment by corporate. The first instalment of advance tax, which was due on June 15, rose 27.34 per cent to Rs 1.48 lakh crore. This includes Corporation Income Tax (CIT) at Rs 1.14 lakh crore and Personal Income Tax (PIT) at Rs 34,470 crore.
AIFF chief Chaubey accuses Bhutia of running football schools for "vested interest"
'Session musicians, background singers, and studio instrumentalists fill out the sound of India's biggest hits. But their names rarely show up on screen.' 'Their royalties never arrive. And their contribution, no matter how iconic, vanishes once the track is mastered.'
Raid 2 has entered the Rs 100 Crore (Rs 1 billion) Club.
If Rakesh Sharma represented the dreams of a nascent India looking outward, Shubhanshu Shukla embodies a confident India reaching for the controls.
Mixing humour with political resolve, Chief Minister Omar Abdullah on Friday used the flagging-off ceremony of the first train to Kashmir by Prime Minister Narendra Modi in Katra to subtly but clearly articulate his government's demand for the restoration of statehood to Jammu and Kashmir.
Siemens on Tuesday reported over 37 per cent decline in its net profit to Rs 408 crore in March quarter, compared to the same period year ago, mainly due to under-absorption of fixed costs and higher material costs in the Digital Industries business. The company follows an October to September fiscal year.
India's largest cable and wire manufacturer Polycab India ended financial year 2024-25 (FY25) on a high, delivering another strong quarter of double-digit growth and market share gains. This coupled with margin expansion, operating breakeven for its fast-moving electrical goods (FMEG) business, and steady exports outlook for FY26 is expected to support the stock, which is up 18 per cent over the past month. The stock is currently trading at Rs 5,765 a share.
Security agencies have identified 11 Indians who spied for Pakistan. Look at what they did for a living.
Eight years ago, tabla maestro Zakir Hussain had narrated how his father Alla Rakha had welcomed him into this world by putting the musical instrument's rhythms into his ears when asked to recite prayers.
Krunal Pandya is also the first player to win 4 IPL titles -- three with Mumbai Indians and one with RCB.
'LAP is suited for borrowers with a steady income, sound repayment discipline, and a clear repayment plan.'
As the election nears, political positions on prohibition are shifting.
For FY26, the company has adopted a cautious outlook, anticipating domestic growth to broadly track the industry's low single-digit estimated growth amid ongoing economic headwinds.
On May 28, 2010, Maoists derailed the Jnaneshwari Express, killing 148 passengers.
The volume growth of India's FMCG industry has slowed down in the March quarter to 5.1 per cent, driven by increased consumer purchases of small-value packs, according to the latest report from data analytics firm NielsenIQ. Volume growth is slowing across categories, and non-food segments are still outpacing food in the FMCG sector.
Indian airlines are likely to face additional weekly expenses of Rs 77 crore for international flights operated from north Indian cities as the airspace curbs result in increased fuel consumption and longer flight duration. An analysis of the number of overseas flights and back-of-the-envelope calculations based on increased flight time as well as approximate expenses by PTI showed that the additional monthly operational costs could be over Rs 306 crore.
One97 Communications Ltd (OCL), the company that operates the Paytm brand, posted a consolidated loss of Rs 539.8 crore in the fourth quarter of 2024-25 (Q4FY25), slightly lower from the Rs 549.6 crore it reported in Q4FY24. Sequentially, the fintech company's loss widened from Rs 208.3 crore in Q3FY25 on account of a one-time exceptional expense amounting to Rs 522 crore during the quarter ended March 2025.
Inflow in equity mutual funds dipped 3.24 per cent to Rs 24,269 crore in April amid continued market volatility against the backdrop of escalating tensions between India and Pakistan following the Pahalgam terrorist attack. This was the fourth consecutive month of decline in inflow in equity funds.
A 22-year-old man in Meerut, India, alleges he was tricked into marrying the mother of his intended bride. The complainant, Mohammad Azeem, claims his brother and sister-in-law arranged the marriage and the bride's 45-year-old widowed mother, disguised as the bride, was married to him instead. Azeem claims he was threatened with a false rape accusation after protesting the deception. Police are investigating the case, but a settlement has been reached between the parties and Azeem has withdrawn his complaint.
rediffGURU Dr Ganesh Natarajan offers advice on how to build and scale your first start-up.
The cosplay at the Mumbai Comic Con 2025 is A-M-A-Z-I-N-G.
Houses in low lying areas of Kerala were flooded in the heavy rains, while the accompanying strong winds uprooted trees, damaged homes and caused power disruptions, throwing normal way of life into disarray across the state.
Electric two-wheeler company Ola Electric Mobility will float its initial public offering (IPO) on August 2, and a significant part of the proceeds will be used for capacity expansion of its cell manufacturing plant and revving up R&D. The initial share sale will conclude on August 6, and the bidding for anchor investors will open for a day on August 1, according to the red herring prospectus (RHP).
Stock market benchmark indices Sensex and Nifty tumbled over 1 per cent each on Friday as tensions soared between India and Pakistan, fuelling fears of a wider conflict.
India's four listed Real Estate Investment Trusts (Reits) collectively distributed 13 per cent more funds to their shareholders in fourth quarter of financial year 2024-25 (Q4FY25) at Rs 1,553 crore on year, reflecting the growing strength of the sector fuelled by strong leasing activity, especially from Global Capability Centres (GCCs).
Inflows into equity mutual fund (MF) schemes declined for a fourth consecutive month in April, even as systematic investment plan (SIP) inflows reached a record high of about Rs 26,632 crore.
Ground Zero is a decent watch but word-of-mouth needs to be strong for the weekdays to stay stable as well.
Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.
A case has been registered against Maharashtra BJP minister Radhakrishna Vikhe Patil and 53 others, including directors of a sugar mill, for allegedly obtaining loans of nearly Rs 9 crore in the names of farmers using forged documents. The complaint was filed by a sugarcane cultivator and member of the cooperative sugar mill, alleging that the loan amounts were never credited to the farmers' accounts and were instead siphoned off by sugar mill officials and bank staff. The case was registered based on a court directive following a complaint alleging irregularities that occurred in 2004.
The sequel factor seems to have worked, as audiences have given a thumbs up to the film.
The return filed could be treated as defective, invalid, or even be considered as not filed at all.
InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Wednesday posted its highest ever fourth-quarter profit after tax of Rs 3,067.5 crore, mainly helped by strong air travel demand. The company's profit after tax in the three months ended March 2025 jumped 62 per cent from Rs 1,894.8 crore in the year-ago period.
'It's clear that fans are eager to be part of the live stadium experience, reflecting a growing trend of travel driven by marquee sporting events.'
The income tax department has notified ITR forms 1 and 4 for assessment year (AY) 2025-26 that are to be filed by individuals and entities with total income of up to Rs 50 lakh a year. Now individuals having long-term capital gains of up to Rs 1.25 lakh in a fiscal year can also file ITR-1.
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