News for 'BASIS'

Indian-Origin Man In US Faces Denaturalisation Over Fraud

Indian-Origin Man In US Faces Denaturalisation Over Fraud

Rediff.com9 May 2026

A 62-year-old Indian-origin man, now a US citizen, faces denaturalisation proceedings for allegedly defrauding investors of USD 2.5 million and concealing this from US authorities.

'Invalid, unauthorised by law': US court strikes down Trump's 10% global tariffs

'Invalid, unauthorised by law': US court strikes down Trump's 10% global tariffs

Rediff.com8 May 2026

These new tariffs were imposed by Trump on all countries, including India, on February 24 for 150 days following a Supreme Court verdict that struck down his earlier sweeping levies.

Sun Pharma's Organon deal: Strategic entry into new segments, but integration challenges loom

Sun Pharma's Organon deal: Strategic entry into new segments, but integration challenges loom

Rediff.com5 May 2026

Sun Pharmaceutical Industries' acquisition of US-based Organon & Co. for $11.75 billion, the largest overseas acquisition by an Indian pharma company, has been met with mixed reactions from brokerages, who see strategic entry into women's health and biosimilars but also flag potential integration challenges and debt concerns.

Buying Gold Bars, Coins? Read This

Buying Gold Bars, Coins? Read This

Rediff.com14 May 2026

'It has always been viewed as a hedge against inflation.'

Odisha Student Found Dead; Ragging Allegations Surface

Odisha Student Found Dead; Ragging Allegations Surface

Rediff.com3 May 2026

A first-year BTech student was found dead in a private university in Bhubaneswar, Odisha. Police are investigating allegations of mental torture by seniors after the student was found hanging in his hostel room.

Bharti Airtel's Q4 net profit drops 33.5% to Rs 7,325 crore due to one-time provisions

Bharti Airtel's Q4 net profit drops 33.5% to Rs 7,325 crore due to one-time provisions

Rediff.com13 May 2026

Bharti Airtel reported a 33.5 per cent decline in consolidated net profit to Rs 7,325 crore for the March 2026 quarter, primarily attributed to one-time provisions for statutory and tax liabilities.

Haryana Man Arrested In Connection With Uklana Shooting

Haryana Man Arrested In Connection With Uklana Shooting

Rediff.com5 May 2026

A man has been arrested in Uklana, Haryana, following the death of a youth in a shooting incident. The accused, identified as Pradeep, allegedly opened fire during an altercation, resulting in the death of Shubham. Police are investigating the incident and have recovered significant information.

Sanjeev Arora Challenges Arrest By ED In Money Laundering Case

Sanjeev Arora Challenges Arrest By ED In Money Laundering Case

Rediff.com12 May 2026

Punjab Cabinet Minister Sanjeev Arora has challenged his arrest by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), claiming it is illegal and unconstitutional. The Punjab and Haryana High Court heard arguments and adjourned the matter to May 14. Arora was arrested in connection with an alleged Rs 100-crore GST fraud-linked money laundering case.

'No preference for a foreign coach': Hockey India rejects Sreejesh's claim

'No preference for a foreign coach': Hockey India rejects Sreejesh's claim

Rediff.com13 May 2026

Hockey India president Dilip Tirkey said P R Sreejesh had been offered the role of coach for the development team but he had refused to take up the role.

Why Sreejesh Is Unhappy With Hockey India

Why Sreejesh Is Unhappy With Hockey India

Rediff.com13 May 2026

Former India goalkeeper PR Sreejesh has publicly criticised Hockey India for allegedly favouring foreign coaches over Indian talent, despite his successful tenure with the junior men's team. Hockey India has rejected the claims.

Why Sreejesh Is Unhappy With Hockey India

Why Sreejesh Is Unhappy With Hockey India

Rediff.com13 May 2026

Former India goalkeeper PR Sreejesh has publicly criticised Hockey India for allegedly favouring foreign coaches over Indian coaches, despite his successful tenure with the junior men's team. Hockey India has rejected Sreejesh's claims.

Casemiro hails Carrick's impact, backs him for full-time role at Man United

Casemiro hails Carrick's impact, backs him for full-time role at Man United

Rediff.com6 May 2026

Casemiro backs Michael Carrick for the permanent Manchester United job after a strong run that lifted the club to third in the Premier League.

Why Young Indians Skip Health Cover

Why Young Indians Skip Health Cover

Rediff.com14 May 2026

Young buyers often underestimate future health risks.

Iran War May Push Markets Into Bear Cycle

Iran War May Push Markets Into Bear Cycle

Rediff.com14 May 2026

Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.

Dawood Ibrahim Aide Dola In NCB Custody Till May 8

Dawood Ibrahim Aide Dola In NCB Custody Till May 8

Rediff.com30 Apr 2026

A court in Mumbai has remanded Mohammad Salim Dola, an associate of Dawood Ibrahim, to Narcotics Control Bureau custody until May 8 in connection with a 2023 drug seizure case.

J-K ACB Exposes Massive Land Irregularities, Files FIRs

J-K ACB Exposes Massive Land Irregularities, Files FIRs

Rediff.com24 Apr 2026

The Jammu and Kashmir Anti-Corruption Bureau (ACB) has uncovered significant land-related irregularities, leading to the registration of 24 FIRs against revenue officials, land grabbers, and others involved in the fraudulent acquisition of prime custodian land parcels.

How AI Will Reshape The IT Services Industry, According To Coforge

How AI Will Reshape The IT Services Industry, According To Coforge

Rediff.com7 May 2026

Coforge believes that the rapid adoption of AI is disrupting the traditional labour model but also creating new high-margin opportunities in the IT services industry.

Sreejesh Voices Frustration Over Hockey India Coaching Decision

Sreejesh Voices Frustration Over Hockey India Coaching Decision

Rediff.com13 May 2026

Former India goalkeeper PR Sreejesh has publicly criticised Hockey India's decision to remove him as junior men's team coach after 17 months, questioning the preference for foreign coaches. Hockey India has rejected Sreejesh's claims, stating his contract ended as scheduled and a new coach was selected through a formal process.

Sreejesh Voices Frustration Over Hockey India's Coaching Decisions

Sreejesh Voices Frustration Over Hockey India's Coaching Decisions

Rediff.com13 May 2026

Former India goalkeeper PR Sreejesh has publicly criticised Hockey India for removing him from his role as junior men's team coach after just 17 months, questioning the organisation's preference for foreign coaches. Hockey India has rejected Sreejesh's claims, stating that his contract ended as scheduled and a new coach was selected through a formal process.

ED Attaches Assets In Global Media App Fraud Case

ED Attaches Assets In Global Media App Fraud Case

Rediff.com9 May 2026

The Enforcement Directorate (ED) has attached properties worth Rs 1.06 crore in connection with the 'Global Media App' fraud, an online earning platform that allegedly generated over Rs 45 crore through illicit means.

New Labour Codes: How a 4-day workweek could become a reality in India

New Labour Codes: How a 4-day workweek could become a reality in India

Rediff.com11 May 2026

The Indian government has notified final rules under four labour codes, potentially enabling a four-day workweek in certain sectors by capping weekly working hours at 48 while allowing daily flexibility. This move also introduces significant changes to wage fixation, compliance obligations, and social security norms.

More Women Contract Infections At Kota Hospital

More Women Contract Infections At Kota Hospital

Rediff.com9 May 2026

Two more women have contracted infections at a government-run hospital in Kota, India, with family members alleging they were forced to move them to private facilities after complications arose. This follows a previous incident where several women contracted infections after undergoing cesarean deliveries at the same hospital.

Ex-Company Officials Get Jail Term In IDBI Fraud Case

Ex-Company Officials Get Jail Term In IDBI Fraud Case

Rediff.com4 May 2026

A Delhi court has sentenced three former officials of a company to four years in jail for defrauding the Industrial Development Bank of India (IDBI). The court emphasised that leniency would undermine the justice system and public confidence in the law.

Govt Not Complacent, More Reforms In The Pipeline: Shaktikanta Das

Govt Not Complacent, More Reforms In The Pipeline: Shaktikanta Das

Rediff.com12 May 2026

'Policy consistency combined with timely and calibrated reforms are expected to ensure that India not only maintains macroeconomic stability, but also emerges as a globally competitive and inclusive economy.'

Punjab Minister Accuses BJP Of Trying To Disrupt Peace

Punjab Minister Accuses BJP Of Trying To Disrupt Peace

Rediff.com6 May 2026

Punjab Finance Minister Harpal Singh Cheema has condemned the recent blasts in Amritsar and Jalandhar, calling them a deliberate attempt to spread terror and disrupt the state's peace. He accused the BJP of trying to create an atmosphere of fear and division for political gains ahead of elections.

Virat Kohli picks his most special women's cricket knock

Virat Kohli picks his most special women's cricket knock

Rediff.com16 May 2026

Virat Kohli praises Smriti Mandhana and Jemimah Rodrigues for their performances in women's cricket, highlighting Rodrigues' World Cup semi-final knock as particularly special. He also acknowledges the impact of the Women's Premier League (WPL) on the rising standards of Indian women's cricket.

Retail Inflation Edges Up to 3.48% in April on Costlier Jewellery, Kitchen Staples

Retail Inflation Edges Up to 3.48% in April on Costlier Jewellery, Kitchen Staples

Rediff.com13 May 2026

India's retail inflation, measured by the Consumer Price Index (CPI), increased to 3.48 per cent in April, up from 3.40 per cent in March, primarily due to a surge in prices of gold and silver jewellery, as well as certain kitchen staples like tomatoes and cauliflower.

Nashik TCS case: 'They forced me to wear skullcap, perform namaaz'

Nashik TCS case: 'They forced me to wear skullcap, perform namaaz'

Rediff.com25 Apr 2026

Four TCS employees have been arrested for allegedly sexually harassing and attempting to forcibly convert a colleague, including forcing him to wear a Muslim cap and perform Namaz.

Were The West Bengal Elections Fair?

Were The West Bengal Elections Fair?

Rediff.com7 May 2026

The extent of doubts over the fairness of this election can be assessed by juxtaposing two figures: Total votes polled by the two principal parties and the number of people who were disallowed from voting this time, observes Nilanjan Mukhopadhyay.

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

Rediff.com11 May 2026

A software engineer earning a high salary allegedly abandoned his career to run a fake online trading racket, duping investors of nearly Rs 100 crore.

Dawood Ibrahim's Aide Salim Dola Arrives In Mumbai

Dawood Ibrahim's Aide Salim Dola Arrives In Mumbai

Rediff.com29 Apr 2026

Notorious drug trafficker Mohammad Salim Dola, a close aide of fugitive gangster Dawood Ibrahim, was brought to Mumbai from Delhi by the Narcotics Control Bureau (NCB) on Wednesday evening.

Indian exporters may not get US tariff refunds

Indian exporters may not get US tariff refunds

Rediff.com30 Apr 2026

Indian exporters are unlikely to receive direct tariff refunds from the US's $166 billion payout, but the rollback of reciprocal duties is enhancing their pricing power and improving order prospects, particularly in textiles, apparel, and engineering goods.

Uttarakhand HC Upholds 10-Year Jail Term In POCSO Case

Uttarakhand HC Upholds 10-Year Jail Term In POCSO Case

Rediff.com27 Apr 2026

The Uttarakhand High Court upheld a 10-year rigorous imprisonment sentence for a man convicted of raping a minor girl under the POCSO Act, dismissing his appeal and affirming the evidentiary value of school records for age determination.

Banking liquidity surplus stays over Rs 5 trn

Banking liquidity surplus stays over Rs 5 trn

Rediff.com16 Apr 2026

India's banking system is grappling with a persistent liquidity surplus exceeding Rs 5 trillion, driven by significant government spending and bond redemptions, leading market participants to anticipate the Reserve Bank of India will step up Variable Rate Reserve Repo operations to manage the excess funds.

Diagnostics sector poised for robust Q4 growth, outperforming healthcare peers

Diagnostics sector poised for robust Q4 growth, outperforming healthcare peers

Rediff.com20 Apr 2026

The diagnostics sector is projected to significantly outperform other healthcare segments like pharmaceuticals and hospitals in Q4FY26, driven by increasing volumes, stable realisations, and a domestic focus that insulates it from geopolitical risks.

Hampton Sky Realty Claims Innocence After Director's Arrest

Hampton Sky Realty Claims Innocence After Director's Arrest

Rediff.com9 May 2026

Hampton Sky Realty Limited, formerly directed by Punjab minister Sanjeev Arora, has issued a statement asserting its innocence and cooperation with authorities following the arrest of Arora in connection with a money laundering probe.

Should You Fall In Developers' Flexible Payments Trap?

Should You Fall In Developers' Flexible Payments Trap?

Rediff.com12 May 2026

Deferred payment plans may come with a cost, which may not be immediately visible.

Jharkhand Police Rescue Abducted Boy, Arrest Three Kidnappers

Jharkhand Police Rescue Abducted Boy, Arrest Three Kidnappers

Rediff.com30 Apr 2026

Police in Jharkhand's Koderma district rescued an abducted boy and arrested three kidnappers. The abduction was orchestrated by the boy's brother-in-law, who wanted to marry the boy's elder sister.

IPL 2026: LSG's batting inconsistency led to early exit, admits Tom Moody

IPL 2026: LSG's batting inconsistency led to early exit, admits Tom Moody

Rediff.com11 May 2026

Lucknow Super Giants' global director of cricket, Tom Moody, attributes the team's IPL exit to inconsistent batting performances, particularly in the middle order. Jamie Overton of CSK credits his success to simple execution and praises the team environment.

Cheteshwar Pujara urges focus on Test cricket future

Cheteshwar Pujara urges focus on Test cricket future

Rediff.com6 May 2026

Cheteshwar Pujara suggests earmarking 25-30 domestic players for Test cricket, even if they aren't part of the Indian Premier League, while acknowledging the rise of white-ball specialists.