Ekagrah Rohan Murty, NR Narayana Murthy's five-month-old grandson who was gifted a whopping 15 lakh shares by the Infosys founder recently, is set to earn Rs 4.20 crore, thanks to the Bengaluru-IT company declaring a bumper final and special dividend totalling Rs 28 per share. Murthy had gifted 15 lakh shares to Ekagrah valued at a staggering Rs 240 crore at that time, making the five-month-old the youngest millionaire shareholder of India's second-largest IT company.
In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers. The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal Bandyopadhyay.
Binny succeeds former India captain Sourav Ganguly.
Reliance Jio, India's biggest telecom operator, is planning to launch an initial public offering (IPO) and listing on bourses in the first half of 2026, billionaire Mukesh Ambani said on Friday. Jio is currently a unit of Reliance Industries Ltd, India's most valuable company.
'Financially we are sound and we have always broken even. 'It is just we don't have the personnel and that is why we have to close down.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
The contrast with the old Income-Tax Act is stark. The 1961 law ran into 512,000 words; the 2025 one pares that down to 259,000. Chapters have been cut from 47 to 23, while sections have reduced from 819 to 536. One of the clearest changes is terminological. The confusing twin concepts of 'assessment year' and 'previous year' have been scrapped.
Sagoo was the lone candidate left in fray after incumbent senior vice president Anju Bobby George opted out of the race for the position.
'One Chinese interlocutor said India should realise that "China can do without India, but India could not do without China", pointing to its inability to do without Chinese intermediates and components,' former foreign secretary Shyam Saran discovers on a visit to China.
India has decided to submit a dossier at the upcoming Financial Action Task Force (FATF) meeting, calling for Pakistan to be placed back on the grey list of the global money laundering and terrorist financing watchdog.
The meeting of the Akhil Bharatiya Pratinidhi Sabha which had been scheduled in Bangaluru has been suspended.
Banks offer a wide range of group insurance plans -- personal accident, health, hospital cash, home insurance, credit protection, and critical illness.
In a multi-city protest on Monday, a large number of company secretaries (CS) and chartered accountants (CAs) came together to seek extension of the deadline for annual filing due to glitches in the ministry of corporate affairs (MCA) portal. According to the Companies Act, firms are supposed to submit Form AOC 4 for filing of the balance sheet within 30 days of holding the annual general meeting (AGM). This deadline was over on October 29.
Over a million officials are said to have been punished in Xi's anti-corruption campaign according to the official media accounts. The intensity of the campaign also attracted criticism that Xi made effective use of it to silence his critics and rivals within the party.
Prime Minister Shigeru Ishiba's sudden resignation after only a year in office has thrown Japan into political turmoil, raising doubts about how the country will handle economic and regional challenges, observes Dr Rajaram Panda.
Unlike AI uses for consumers, the next generation technology for enterprises will unfold over several years and the biggest challenge is to unleash AI for next wave of productivity for businesses, Infosys chairman Nandan M Nilekani said on Wednesday. While speaking at 43rd annual general meeting (AGM) of Infosys, Nilekani said the initial AI doomerism has quietened down and people have accepted that, like any other general-purpose technology -- electricity, nuclear energy, the internet etc, gen AI (generative artificial intelligence) has enormous potential for good when advanced within the guardrails of responsibility.
Junior National team chief coach Ramesh Nagpuri was suspended by the National Anti Doping Agency for "complicity" in doping and seven athletes were in dock for "evading" tests after a slew of dope cases rocked Indian athletics.
'...it should not delude itself into thinking that India's security or its great-power ambitions will be advanced by those partnerships.'
'Instead, what India should focus on is on riding out the next three-and-a-half years of Trump's presidency with minimal damage to itself.'
Reliance Industries (RIL) has reset its battery pack production timeline, shifting it from 2023 earlier to 2024, details shared in the oil-to-telecom conglomerate's latest annual report suggest. In the FY23 annual report released on Sunday, the company has listed the start of battery pack production in 2024. A year ago, at the company's annual general meeting (AGM), Mukesh Ambani, chairman and managing director of RIL, had said, "We aim to start production of battery packs by 2023 and scale up to a fully integrated 5 GWh annual cell-to-pack manufacturing facility by 2024."
'Everything can be resolved, but my husband's legacy is not up for sale.'
Travellers are keen to explore traditional Indian arts and crafts like Madhubani painting in Bihar, pottery and weaving workshops in Rajasthan, or Kathakali and Kalaripayattu training in Kerala.
Shareholders of industry giants Adani Enterprises, Reliance Industries, and Tata Motors - the latter two are part of the Sensex - will decide on combined related-party transactions of more than Rs 2.68 trillion proposed for this financial year and later. Related-party transactions for BSE 500 companies touched at least a six-year high of Rs 42.1 trillion in FY23, the Capitaline data shows. The Rs 42.1 trillion includes related-party transactions both at balance-sheet and profit-and-loss levels.
The Rashtriya Swayamsevak Sangh paid tributes to late Samajwadi Party leader Mulayam Singh Yadav, socialist leader Sharad Yadav, senior advocate Shanti Bhushan and Prime Minister Narendra Modi's mother Hiraben Modi at its annual general body meeting in Samalkha on Sunday.
Former Board of Control for Cricket in India chief Jagmohan Dalmiya on Saturday skipped the Working Committee meeting of the Board before next month's Annual General Meeting, preferring to depute another representative of the Cricket Association of Bengal (CAB) which he is currently heading. CAB is being represented by Biswarup Dey at the one-day sitting of the BCCI at its headquarters in Mumbai.
Reliance has filed patents not only in India but also in the US, Canada, Europe, Estonia, South Korea, and South America. The patents include narrowband Internet of Things, AI large language models, AI DeepLearning, Big Data, devices, and quantum AI in 6G.
Newly-elected ICC Chairman Jay Shah on Tuesday said he will look to ensure that Test cricket forms the "bedrock" of the game in his tenure during which he will also try to "dismantle barriers that have hindered cricket's progress".
Hindustan Unilever (HUL) will closely assess the global initiatives of its parent under the productivity programme and evaluate what works best for its business and people, said the company. The statement from HUL comes after its parent Unilever recently told its employees that it will cut a third of office-based jobs in Europe by the end of 2025. "We will closely assess the global initiatives of Unilever under the productivity programme and evaluate what works best for our business and our people," HUL told Business Standard.
Coal behemoth CIL on Thursday reported a 26.2 per cent rise in consolidated net profit to Rs 8,682.20 crore for the March quarter on the back higher supplies of the dry fuel. The company's consolidated net profit stood at Rs 6,875.07 crore in the year-ago period, Coal India Ltd (CIL) said in a regulatory filing. Its consolidated income in the January-March period declined to Rs 39,654.50 crore from Rs 40,371.51 crore a year ago.
The demonstrators oncarried placards saying 'Anil Agarwal, Blood on Your hands', 'Who killed Arsi Majhi? Vedanta, Vedanta'.
Prime Minister Narendra Modi and US President Joe Biden will have a substantive engagement on the sidelines of the Quad summit on Saturday, and the two sides will sign at least two agreements following the talks.
Following a directive from the Supreme Court, the AIFF has been asked not to negotiate new terms of the MRA with FSDL, the apex governing body's commercial partner running the ISL, until a final judgment is delivered in the AIFF draft constitution case.
The Congress Working Committee (CWC) condemned the Pahalgam terror attack, calling it a direct assault on the values of the republic. The party accused the BJP of exploiting the tragedy to promote discord and polarization, while urging for unity and solidarity in the face of adversity. The CWC also demanded a comprehensive analysis of the intelligence failures and security lapses that led to the attack.
Defence Minister Rajnath Singh has assured the nation that India will respond strongly to the recent terror attack in Kashmir's Pahalgam, which killed 26 people. He stated that India will not be intimidated by such acts and will take every necessary step to trace those responsible and those who conspired behind the scenes. Singh described the attack as "extremely inhuman" and reiterated India's zero-tolerance policy against terrorism.
Prime Minister Modi will visit RSS headquarters in Nagpur on March 30.
Former India left-arm spinner Pragyan Ojha will no longer be Indian Cricketers' Association's representative in the Apex Council.
Tata Consultancy Services has taken action against six employees after finding them guilty of accepting favours from certain staffing firms in the appointment of contractual workers, Tata Sons chairman N Chandrasekaran said on Thursday. The largest IT services exporter is investigating the role of three more of its employees, Chandrasekaran said while speaking at the TCS annual general meeting in Mumbai. "We have banned six employees and also six companies," he said in response to questions from shareholders.
Jay Shah will take over as the next chairman of the ICC in December after he emerged as the sole nominee for the high-profile job
