News for 'Business Development'

Three Business Dailies Set to Launch

Three Business Dailies Set to Launch

Rediff.com7 days ago

The last major business daily to launch in India was Financial Chronicle in April 2008, preceded by Mint on February 1, 2007.

World Bank: AI Offers Lifeline For Developing Economies

World Bank: AI Offers Lifeline For Developing Economies

Rediff.com4 Aug 2026

The World Bank's "World Development Report 2026" urges developing countries to adopt low-cost AI tools to accelerate progress in healthcare, education, and judicial services. The report highlights AI's potential to boost productivity and improve public services, while noting that jobs in high-income countries are more at risk from automation than those in developing nations.

Land, business reforms key to India's next phase of growth, say economists

Land, business reforms key to India's next phase of growth, say economists

Rediff.com17 Aug 2026

Economists highlight that resolving domestic policy bottlenecks, particularly through land reforms and improving the ease of doing business, will be critical for Prime Minister Narendra Modi's 'next-generation reforms' and India's economic transformation towards its 'Viksit Bharat' vision for 2047.

Modi urges people to take 'developed India' pledge on I-Day

Modi urges people to take 'developed India' pledge on I-Day

Rediff.com11 Aug 2026

Prime Minister Narendra Modi has called upon citizens to celebrate Independence Day with honour and pride, urging them to take a pledge for a developed India. This appeal comes amidst parliamentary sessions marked by protests from both ruling and opposition alliances.

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Rediff.com4 Aug 2026

Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.

L&T Forays Into AI Factory Business With NVIDIA B300-Based Facility

L&T Forays Into AI Factory Business With NVIDIA B300-Based Facility

Rediff.com13 Aug 2026

Infrastructure major Larsen & Toubro (L&T) has secured a mega order, valued between Rs 10,000 and Rs 15,000 crore, to construct India's largest single-cluster artificial intelligence (AI) infrastructure facility. This strategic move marks L&T's entry into the AI Factory business, aiming to establish an NVIDIA B300-based AI Factory in Chennai to power the AI-native cloud platform of US-based Together AI, thereby strengthening India's AI ecosystem and supporting global innovation.

Tata Consumer's new businesses drive strong Q1, poised for sustained double-digit growth

Tata Consumer's new businesses drive strong Q1, poised for sustained double-digit growth

Rediff.com4 Aug 2026

Tata Consumer Products reported healthy revenue growth in Q1 FY27, driven by its India branded business and accelerating momentum in newer segments, which are now expected to sustain double-digit sales growth and improve profitability.

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Rediff.com3 Aug 2026

Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.

Quantum Computing: AI's Next Frontier

Quantum Computing: AI's Next Frontier

Rediff.com10 hours ago

Quantum computing is set to redefine artificial intelligence, cybersecurity, and scientific discovery, promising unprecedented speeds and capabilities while also necessitating urgent development of quantum-safe security measures and strategic enterprise readiness, says Sunil Varghese.

Private Defence Firms Get DRDO Missile Tech Boost

Private Defence Firms Get DRDO Missile Tech Boost

Rediff.com2 days ago

The move is meant to enhance the operational capability of the armed forces, reduce import dependence and increase domestic value addition.

Bengaluru Gets First Gemini Enterprise Experience Centre

Bengaluru Gets First Gemini Enterprise Experience Centre

Rediff.com19 Aug 2026

Econz IT Services, in partnership with Google Cloud, has launched Bengaluru's first Gemini Enterprise Experience Centre. This centre provides an immersive environment for businesses to develop and deploy advanced Agentic AI solutions, marking a significant step in enterprise AI innovation in the region.

How EVTOLs Can Revolutionise India's Medical Logistics

How EVTOLs Can Revolutionise India's Medical Logistics

Rediff.com31 Jul 2026

Air India, SkyDrive, and Suzuki Motor Corporation have signed an initial pact to conduct a joint feasibility study on using electric vertical take-off and landing (eVTOL) aircraft for medical air logistics in India. This collaboration aims to address severe traffic congestion in major Indian cities, which poses challenges for time-critical medical transport, by developing last-mile emergency medical solutions.

5 Signs that you should no longer be a spectator, but a shareholder

5 Signs that you should no longer be a spectator, but a shareholder

Rediff.com1 days ago

Becoming a shareholder isn't about predicting markets perfectly. What matters more is recognising when you're financially and mentally prepared to participate in wealth creation. If you've been wondering when you should start investing, here are five signs that suggest you're already ready.

Irdai's crackdown on insurer operating costs signals stricter compliance

Irdai's crackdown on insurer operating costs signals stricter compliance

Rediff.com5 days ago

The Insurance Regulatory and Development Authority of India's (Irdai) recent actions against insurers for breaching expense of management (EoM) limits indicate a serious commitment to enforcing operating and distribution cost controls, according to industry experts.

IIM Bangalore Incubator Creates 35,000 Jobs, $7 Bn In Value

IIM Bangalore Incubator Creates 35,000 Jobs, $7 Bn In Value

Rediff.com17 Aug 2026

As NSRCEL enters its next phase, the incubator plans to focus on AI, deep technology and global partnerships as it looks to expand its reach.

Matthew Hayden: ETPL's future lies in developing Europe's next cricket stars

Matthew Hayden: ETPL's future lies in developing Europe's next cricket stars

Rediff.com4 Jul 2026

Matthew Hayden says the European T20 Premier League can establish itself as a talent-development platform for Europe's associate nations, stressing that ETPL's strength lies in creating pathways to global franchise cricket rather than competing with the IPL.

10 Skills AI Is Teaching That Schools Aren't

10 Skills AI Is Teaching That Schools Aren't

Rediff.com4 days ago

When a student asks AI to explore an idea, challenges its response, asks for alternatives, improves the output and decides what is worth retaining, the student is practising behaviours that are central to leadership, says Jaspreet Bindra, co-founder and CEO of AI & Beyond, an organisation promoting AI literacy.

How AI Weather Forecasts Are Transforming Farming In Telangana

How AI Weather Forecasts Are Transforming Farming In Telangana

Rediff.com9 Aug 2026

A World Bank report highlights how Artificial Intelligence-powered weather forecasts have enabled small farmers in Telangana, India, to save up to USD 560 by adapting their farming practices to specific risks. The report, "The Promise of Artificial Intelligence," advocates for developing countries to rapidly adopt small, low-cost AI tools to enhance productivity, improve government services, and avoid missing out on the AI revolution.

Rahul Dravid On Vaibhav Sooryavanshi's Induction Into Test Team: Need To Be Patient

Rahul Dravid On Vaibhav Sooryavanshi's Induction Into Test Team: Need To Be Patient

Rediff.com1 days ago

Former India captain and Head Coach Rahul Dravid has advised a patient approach for 15-year-old batting sensation Vaibhav Sooryavanshi, stating he requires 'a couple of seasons of red-ball cricket' to establish himself in the longest format.

Report Highlights Key Challenges For India's AI Growth

Report Highlights Key Challenges For India's AI Growth

Rediff.com19 Aug 2026

A report by policy think tank The Dialogue reveals that India's artificial intelligence (AI) ecosystem is primarily constrained by a shortage of skilled talent and a lack of data standardisation, rather than market concentration. The study, which surveyed 308 stakeholders, found that talent availability and data usability are major concerns, with a significant reliance on open-source AI models.

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

Rediff.com2 days ago

Indian banks and non-banking financial companies (NBFCs) are undertaking a comprehensive review and reset of their engagement terms with fintech firms, driven by the Reserve Bank of India's (RBI) draft Guidance on Regulatory Expectations for Data Governance and the stringent compliance requirements of the Digital Personal Data Protection (DPDP) Act, 2023, and its 2025 Rules.

Tata Group Faces Massive Funding Challenge

Tata Group Faces Massive Funding Challenge

Rediff.com3 days ago

Tata Sons has the balance sheet to support them, for now.

ISRO Bets Big on Space Startups

ISRO Bets Big on Space Startups

Rediff.com5 days ago

'ISRO will not manufacture any launch vehicles. That will all be done by the private sector or public sector undertakings.'

TCS And Google Cloud Unveil Gemini Experience Centre In Mexico City

TCS And Google Cloud Unveil Gemini Experience Centre In Mexico City

Rediff.com11 Aug 2026

Tata Consultancy Services (TCS) and Google Cloud have inaugurated a new Gemini Experience Center (GEC) in Mexico City. This facility, the second in Latin America and ninth globally for TCS, is equipped with over 3,000 AI agents and aims to drive industry-specific AI solutions across various sectors. It will help organisations bridge the gap between AI experimentation and implementation, enhancing innovation and data-driven decision-making in the region.

Why Is I-T Department Investigating 394 Entities, 36 Individuals?

Why Is I-T Department Investigating 394 Entities, 36 Individuals?

Rediff.com19 Aug 2026

The income-tax department has launched a significant verification drive targeting 394 entities and 36 professionals over suspected irregularities in substantial foreign remittances made over the past three years, aiming to uncover potential tax evasion and fraudulent transactions.

TCS inks 1.25 billion Porsche deal, acquires German auto giant's IT unit MHP

TCS inks 1.25 billion Porsche deal, acquires German auto giant's IT unit MHP

Rediff.com4 days ago

Tata Consultancy Services (TCS) has announced a five-year strategic deal with German automaker Porsche AG worth 1.25 billion (nearly 14,000 crore), which includes the acquisition of Porsche's wholly-owned subsidiary MHP Management- und IT-Beratung GmbH for 320 million (around 3,574 crore). This move is set to significantly expand TCS's consulting footprint in Germany and the broader European market, giving it access to MHP's customer base and specialised talent.

SBI MD Highlights Need For Alternative Data In MSME Lending

SBI MD Highlights Need For Alternative Data In MSME Lending

Rediff.com11 Aug 2026

A top SBI official has highlighted the challenges bankers face in lending to MSMEs using only GST data, advocating for the integration of alternative data sources like power consumption and telecom records through credit bureaus to improve credit assessment.

Vice President Radhakrishnan Unveils Gnani Artha, Sovereign AI Stack For Indian Enterprises

Vice President Radhakrishnan Unveils Gnani Artha, Sovereign AI Stack For Indian Enterprises

Rediff.com1 days ago

Vice President CP Radhakrishnan launched Gnani Artha, an end-to-end sovereign AI stack for Indian enterprises and public institutions. He emphasised that new technologies, including AI, will enhance ease of work and create more jobs, drawing parallels with the IT industry's growth. The initiative, backed by the India AI Mission, aims for self-reliance and includes the Gnani Evon v3.3 language model and Gnani Plexus AI platform, offering cost-effective Indic language capabilities.

Vice President Radhakrishnan Unveils Gnani Artha, Sovereign AI Stack For Indian Enterprises

Vice President Radhakrishnan Unveils Gnani Artha, Sovereign AI Stack For Indian Enterprises

Rediff.com1 days ago

Vice President CP Radhakrishnan launched Gnani Artha, an end-to-end sovereign AI stack for Indian enterprises and public institutions. He emphasised that new technologies, including AI, will enhance ease of work and create more jobs, drawing parallels with the IT industry's growth. The initiative, backed by the India AI Mission, aims for self-reliance and includes the Gnani Evon v3.3 language model and Gnani Plexus AI platform, offering cost-effective Indic language capabilities.

US Visa Pause Clouds Travel Plans

US Visa Pause Clouds Travel Plans

Rediff.com2 days ago

'One important clarification is that the reported US action is not a blanket cancellation of all US tourist visas.'

Foreign Firms' Investment Intensity in India Falls Since FY20: EAC-PM

Foreign Firms' Investment Intensity in India Falls Since FY20: EAC-PM

Rediff.com21 Aug 2026

A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) reveals a continuous decline in the rate at which foreign-owned firms invest in fixed assets in India since the FY20 peak, contrasting with a steady increase from Indian business groups.

AI could erode India's outsourcing advantage, warns WB report

AI could erode India's outsourcing advantage, warns WB report

Rediff.com5 Aug 2026

Generative artificial intelligence (AI) is beginning to alter hiring patterns in South Asia, with multinational companies (MNCs) and firms integrated into global value chains (GVCs) reducing recruitment more sharply than domestic firms, signalling the technology's early impact on the region's export-oriented services sector, according to the World Bank's World Development Report 2026.

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Rediff.com14 Aug 2026

Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Rediff.com14 Aug 2026

Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.

Nepal flash floods toll rises to 579; morgues in hospitals run out of space

Nepal flash floods toll rises to 579; morgues in hospitals run out of space

Rediff.com23 hours ago

Nepal is grappling with a deepening flood crisis as the death toll from devastating flash floods in Rasuwa and surrounding districts has tragically risen to 538, with authorities now warning of a fresh flood threat and initiating evacuations.

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Rediff.com11 Aug 2026

Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.

Canada suspends trade talks with US, 50% tariff kicks in

Canada suspends trade talks with US, 50% tariff kicks in

Rediff.com7 days ago

Trade negotiations between the United States and Canada have collapsed, leading to the US imposing 50% tariffs on nearly $28 billion worth of Canadian imports, with Canada immediately vowing to retaliate dollar-for-dollar.

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

Rediff.com1 days ago

In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.

SEBI Chairman Highlights Cybersecurity As Board-Level Issue

SEBI Chairman Highlights Cybersecurity As Board-Level Issue

Rediff.com17 Aug 2026

SEBI Chairman Tuhin Kanta Pandey stated that cybersecurity is now a board-level concern, not just an IT challenge, emphasising the need for caution when deploying artificial intelligence in critical infrastructure. He highlighted that AI for cybersecurity must be secure, governed, and accountable, and also addressed the emerging risks from quantum computing, urging collective resilience and sharing of best practices among regulators.

Google Asked To Urgently Remove Fake Bank Web Sites

Google Asked To Urgently Remove Fake Bank Web Sites

Rediff.com7 days ago

Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.