News for 'BASIS'

Higher input costs, price hikes may play spoilsport for HUL

Higher input costs, price hikes may play spoilsport for HUL

Rediff.com12 May 2026

Hindustan Unilever (HUL) exceeded consensus estimates in Q4FY26, driven by lower overheads and 6 per cent consolidated volume growth. However, the company anticipates further price hikes to counter an expected 8-10 per cent material cost inflation, while maintaining a mid-term margin guidance of 22.5-23.5 per cent.

Massive Goa Liquor Haul In Thane: Rs 1.89 Crore Worth Seized

Massive Goa Liquor Haul In Thane: Rs 1.89 Crore Worth Seized

Rediff.com5 Jun 2026

The Excise department in Thane seized 73,440 bottles of Goa-made Indian Made Foreign Liquor (IMFL) worth Rs 1.89 crore from a truck on the Panvel-Mumbra highway. The liquor, lacking batch numbers and MRP, is banned for sale in Maharashtra, leading to the driver's arrest under the Maharashtra Prohibition Act.

Muzaffarnagar Man Allegedly Poisoned By Wife Amidst Family Dispute

Muzaffarnagar Man Allegedly Poisoned By Wife Amidst Family Dispute

Rediff.com9 Jun 2026

A 35-year-old man was allegedly poisoned to death by his wife in Muzaffarnagar following a family dispute. Police have arrested the wife, Puja, and registered a case against 12 members of her in-laws' family. The article also mentions a separate incident where a 25-year-old man was found dead, suspected of consuming poison due to harassment by his in-laws.

Avoid Costly Mistakes In ITR Filing

Avoid Costly Mistakes In ITR Filing

Rediff.com24 Jun 2026

With more granular reporting and enhanced data matching, mismatches are likely to be identified more quickly.

RBI Targets Mule Accounts With AI

RBI Targets Mule Accounts With AI

Rediff.com5 Jun 2026

While opening new accounts, banks can check if the name appears in any mule data. In case it does, the bank can conduct enhanced due diligence.

RBI raises FY27 inflation forecast to 5.1% on higher fuel pricescosts

RBI raises FY27 inflation forecast to 5.1% on higher fuel pricescosts

Rediff.com5 Jun 2026

The Reserve Bank of India has increased its retail inflation projection for 2026-27 to 5.1 per cent, up from an earlier estimate of 4.6 per cent. This revision is primarily attributed to mounting input costs, driven by the pass-through of higher global energy prices to domestic petrol and diesel rates, which have seen significant increases since May.

SC dismisses Natarajan's plea against nomination rejection

SC dismisses Natarajan's plea against nomination rejection

Rediff.com12 Jun 2026

The Supreme Court dismissed Congress leader Meenakshi Natarajan's challenge to her rejected Rajya Sabha nomination, reaffirming that the Election Commission is the sole recourse for such disputes and citing Article 329(b) of the Constitution which bars judicial interference in electoral matters.

How Delhi Customs Foiled Rs 2.1 Crore Hydroponic Weed Smuggling Bid

How Delhi Customs Foiled Rs 2.1 Crore Hydroponic Weed Smuggling Bid

Rediff.com6 Jun 2026

Customs officials at Delhi's IGI Airport seized over 6 kg of hydroponic weed, valued at Rs 2.1 crore, from an Indian passenger arriving from Bangkok. The high-potency cannabis was found during baggage screening, leading to a case under the NDPS Act.

Accenture's Gloomy Outlook Drags Down Indian IT Shares, Nifty IT Slips 6%

Accenture's Gloomy Outlook Drags Down Indian IT Shares, Nifty IT Slips 6%

Rediff.com20 Jun 2026

Accenture's revised annual revenue growth forecast and weaker-than-expected fourth-quarter guidance have sent shockwaves through the Indian IT sector, causing major IT stocks and the Nifty IT index to tumble significantly.

Supreme Court declares right to walk on footpaths a fundamental right

Supreme Court declares right to walk on footpaths a fundamental right

Rediff.com19 Jun 2026

The Supreme Court has declared the right to walk on demarcated footpaths a fundamental right, prioritising it over motorised vehicle movement, and has called for the establishment of a regulatory body to ensure its enforcement and provide restitutionary remedies for violations.

Land Dispute Suspected In Kannauj Elderly Man's Murder

Land Dispute Suspected In Kannauj Elderly Man's Murder

Rediff.com8 Jun 2026

A 75-year-old man, Shri Krishna Batham, was allegedly hacked to death in Kannauj, Uttar Pradesh. His son, Ashok, is suspected of the murder, which police believe was motivated by a land dispute. The accused is currently absconding, and an FIR has been registered.

Why Bombay High Court Says FIR Delay Cannot Quash Sexual Assault Cases

Why Bombay High Court Says FIR Delay Cannot Quash Sexual Assault Cases

Rediff.com12 Jun 2026

The Bombay High Court has ruled that delay in lodging an FIR for sexual assault and harassment cases cannot be the sole ground for quashing a criminal prosecution, especially given the societal challenges families face in reporting such incidents. The court dismissed a petition by a man accused of molesting his domestic help, rejecting his arguments about delayed complaint and false implication.

TMC Alleges Political Vendetta After Police Search Abhishek Banerjee's Residence

TMC Alleges Political Vendetta After Police Search Abhishek Banerjee's Residence

Rediff.com13 Jun 2026

The Trinamool Congress (TMC) has strongly condemned a pre-dawn police search at MP Abhishek Banerjee's Kalighat residence in connection with an alleged financial fraud, calling it an act of political vendetta by West Bengal's BJP government. The party claims the search yielded no incriminating evidence, intensifying political confrontation in the state.

Modi under Cong fire over US statements after killing of Indian seafarers

Modi under Cong fire over US statements after killing of Indian seafarers

Rediff.com14 Jun 2026

The Congress on Sunday lashed out at Prime Minister Narendra Modi over the US' statements after three Indian sailors were killed in American attacks on ships, with party leader Rahul Gandhi saying the "compromised PM" listens "like an obedient servant" and "complies with the orders".

BEST bus strike: Mumbaikars continue to struggle for 2nd day

BEST bus strike: Mumbaikars continue to struggle for 2nd day

Rediff.com20 Jun 2026

BEST employees continued their strike in Mumbai for a second day, causing significant disruption to public transport despite appeals from the Maharashtra Transport Minister and the invocation of MESMA. Commuters were forced to rely on alternative, overcrowded transport options, while the striking unions maintained their demands for budget merger, improved pay, and absorption of contractual workers.

Crisil: India's Toll Collection Growth to Ease to 5-7% in FY27

Crisil: India's Toll Collection Growth to Ease to 5-7% in FY27

Rediff.com28 May 2026

India's toll collection growth is projected to moderate to 5-7 per cent year-on-year in FY27, a 150-200 basis points reduction, primarily due to the economic impact of the West Asia conflict and a slowdown in commercial traffic, according to Crisil Ratings.

Man Held For Hiding Identity, Pressuring Woman To Convert

Man Held For Hiding Identity, Pressuring Woman To Convert

Rediff.com14 Jun 2026

A man in Moradabad was arrested for allegedly concealing his religious identity, sexually exploiting a woman for four years, and then pressuring her to convert for marriage. The woman claims he defrauded her of Rs 12 lakh and that his family also pressured her to convert, leading to an appeal to the Chief Minister.

Delhi HC upholds blocking of Telegram ahead of NEET retest

Delhi HC upholds blocking of Telegram ahead of NEET retest

Rediff.com19 Jun 2026

The Delhi High Court has upheld the Indian government's decision to temporarily restrict access to Telegram, citing the messaging app's capacity for 'automated dissemination' of large content, which could facilitate misinformation during the crucial NEET-UG retest.

'Samajwadi Party Isn't Breaking Up Like TMC Or Shiv Sena (UBT)'

'Samajwadi Party Isn't Breaking Up Like TMC Or Shiv Sena (UBT)'

Rediff.com17 Jun 2026

Political tensions are escalating in Uttar Pradesh as Samajwadi Party leaders strongly refute Suheldev Bharatiya Samaj Party chief Om Prakash Rajbhar's assertions of an impending split within the SP.

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Rediff.com23 Jun 2026

'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'

AI Agents to Equal Human Staff, No Downsizing Planned: TCS' Chandra

AI Agents to Equal Human Staff, No Downsizing Planned: TCS' Chandra

Rediff.com9 Jun 2026

Tata Consultancy Services (TCS) Chairman N Chandrasekaran announced that the company anticipates having as many artificial intelligence (AI) agents as its human workforce, currently half a million, while assuring that no staff downsizing is planned.

Equestrian Federation And Olympian Anush Agarwalla Clash Over Asian Games Selection Process

Equestrian Federation And Olympian Anush Agarwalla Clash Over Asian Games Selection Process

Rediff.com19 Jun 2026

Olympian dressage rider Anush Agarwalla and the Equestrian Federation of India (EFI) ad-hoc panel are engaged in a heated dispute over the selection process for the upcoming Asian Games. Agarwalla, a gold medallist and Paris Olympics representative, alleges a lack of transparency after being named a reserve member, while the EFI defends its process as compliant with selection criteria.

Don't Blindly Trust Your Form 16

Don't Blindly Trust Your Form 16

Rediff.com19 Jun 2026

Salaried taxpayers should not use these forms blindly to file their income-tax returns.

8 Air Coolers To Survive This Summer

8 Air Coolers To Survive This Summer

Rediff.com12 Jun 2026

If you're planning an upgrade before the next heatwave hits full swing, here are 8 air coolers for this summer.

Paint Majors' Outlook Brightens on Robust Demand, Strategic Price Hikes

Paint Majors' Outlook Brightens on Robust Demand, Strategic Price Hikes

Rediff.com8 Jun 2026

Indian paint majors, including Asian Paints, Berger Paints, and Kansai Nerolac, reported better-than-expected performance in Q4FY26, driven by steady demand, improved product mix, and strategic price hikes. The sector is also benefiting from reduced competitive intensity as new players also increase prices, narrowing the gap with incumbents.

Why Investors Are Exiting Gold

Why Investors Are Exiting Gold

Rediff.com18 Jun 2026

The case for long-term investment in gold, however, remains intact.

Mumbai grinds to a halt as BEST strike pulls 2,700 buses off roads

Mumbai grinds to a halt as BEST strike pulls 2,700 buses off roads

Rediff.com19 Jun 2026

Employees of Mumbai's BEST undertaking have launched an indefinite strike, severely impacting public transport and electricity services. The strike, called by a joint action committee, demands budget merger with BMC, settlement of dues, and implementation of the Seventh Pay Commission, among other issues. Despite court orders and MESMA invocation, the strike continues, causing widespread inconvenience to millions of commuters and electricity consumers.

Putin says Russia ready for Ukraine peace deal based on Trump plan

Putin says Russia ready for Ukraine peace deal based on Trump plan

Rediff.com5 Jun 2026

President Vladimir Putin has declared Russia's willingness to finalise a peace agreement with Ukraine based on US President Donald Trump's Anchorage proposals, provided Kyiv accepts necessary compromises.

3rd ODI: Rana returns, Jaiswal under scrutiny as India aim to sweep series

3rd ODI: Rana returns, Jaiswal under scrutiny as India aim to sweep series

Rediff.com19 Jun 2026

Harshit Rana returns to the Indian after regaining fitness even as Yashasvi Jaiswal will have to prove his ODI credibility as India look to sweep series against Afghanistan.

Big twist: Rajya Sabha nomination of Cong's Meenakshi Natarajan rejected

Big twist: Rajya Sabha nomination of Cong's Meenakshi Natarajan rejected

Rediff.com10 Jun 2026

A complaint was submitted by BJP candidate Mahesh Kewat, contesting the third Rajya Sabha seat, to the Returning Officer alleging that Natarajan deliberately hid information about a case filed against her in Telangana.

TCS stares at additional $70 mn hit after US Supreme Court declines review in trade secret dispute

TCS stares at additional $70 mn hit after US Supreme Court declines review in trade secret dispute

Rediff.com16 Jun 2026

Tata Consultancy Services (TCS) will make an additional provision of USD 70 million in Q1 FY2027, bringing its total provision to USD 220 million, after the US Supreme Court declined to review a lower court ruling in a trade secrets dispute with Computer Sciences Corporation (now DXC Technology).

Want OpenAI Shares? Read This First

Want OpenAI Shares? Read This First

Rediff.com17 Jun 2026

Investors should do thorough due diligence when selecting a platform.

Viral albino buffalo 'Donald Trump' sold for Eid sacrifice in Bangladesh

Viral albino buffalo 'Donald Trump' sold for Eid sacrifice in Bangladesh

Rediff.com23 May 2026

A rare albino buffalo nicknamed 'Donald Trump' due to its distinctive hairstyle has been sold in Bangladesh ahead of Eid al-Adha, capturing widespread attention on social media and local news.

Somali soccer referee denied US entry, will miss FIFA World Cup

Somali soccer referee denied US entry, will miss FIFA World Cup

Rediff.com9 Jun 2026

Somali football referee Omar Abdulkadir Artan, expected to be the first Somali to officiate at a World Cup match, was denied entry into the United States due to "vetting concerns" by US Customs and Border Protection.

A Green Banana Adventure

A Green Banana Adventure

Rediff.com23 Jun 2026

It took years and years to bump into a green banana and learn how to eat it.

Ayodhya Police Probe Viral Video Of Couple Assault

Ayodhya Police Probe Viral Video Of Couple Assault

Rediff.com4 Jun 2026

A video showing a group of saffron-clad men assaulting a young couple in a public park in Ayodhya has gone viral, leading police to launch an investigation. The attackers allegedly claimed the couple was 'desecrating' the temple town's religious character.

How Delhi Police Uncovered A Rs 5.5 Lakh Job Scam

How Delhi Police Uncovered A Rs 5.5 Lakh Job Scam

Rediff.com12 Jun 2026

Delhi Police's Economic Offences Wing has arrested Manish Kumar for allegedly defrauding over 20 unemployed youths of Rs 5.5 lakh by falsely promising contractual jobs at GTB Hospital. Kumar, a B.Sc in nursing, used his alleged connections to gain trust before collecting security deposits, then disappeared when jobs didn't materialise.

Investment, Consumption Drive India's FY26 GDP Growth

Investment, Consumption Drive India's FY26 GDP Growth

Rediff.com13 Jun 2026

India's economy in FY26 saw significant momentum from investment demand, with gross fixed capital formation (GFCF) accelerating to 8.2 per cent, while private final consumption expenditure (PFCE) also grew steadily, according to provisional estimates.

Jharkhand Police Act Swiftly In Separate Rape Cases

Jharkhand Police Act Swiftly In Separate Rape Cases

Rediff.com9 Jun 2026

Jharkhand police have detained two teenagers in Bokaro for allegedly raping a 15-year-old girl and filming the act, while in Jamtara, three middle-aged men were arrested for the alleged rape of a 35-year-old woman. Investigations are ongoing in both cases, with legal actions initiated under relevant acts.

Family Feud Ends In Tragedy: Teen Girl Killed By Sister-In-Law

Family Feud Ends In Tragedy: Teen Girl Killed By Sister-In-Law

Rediff.com4 Jun 2026

A 17-year-old girl, Jyoti Kumari, was allegedly beaten to death by her sister-in-law, Manu, during a family dispute in Nagla Chaube village, Kasganj district, Uttar Pradesh. Police have taken the accused into custody and are investigating the incident.