News for 'Business Development'

Check Point Software Appoints Krishnan V V To Lead India And South Asia Operations

Check Point Software Appoints Krishnan V V To Lead India And South Asia Operations

Rediff.com23 Sep 2026

Check Point Software Technologies has appointed Krishnan V V as its Managing Director and Country Head for India and South Asia. He will be responsible for business strategy, P&L, go-to-market execution, and organisational development, leveraging his three decades of leadership experience in the cybersecurity and technology sectors.

Online Shopping Scams: How To Stay Safe

Online Shopping Scams: How To Stay Safe

Rediff.com14 Oct 2026

Fake web sites, counterfeit goods, bogus delivery charges and fraudulent customer support agents are common warning signs.

Nana Patekar's helping hand made this village 'tanker-free'

Nana Patekar's helping hand made this village 'tanker-free'

Rediff.com8 Oct 2026

Following the death of veteran actor Nana Patekar, a Maharashtra village, Dhondalgaon, recalls how his NAAM Foundation funded a water conservation project ten years ago, transforming it from a drought-prone area to a 'tanker-free' and economically thriving community. The project, which involved desilting barrages, boosted agriculture and dairy farming, and eliminated farmer suicides.

BRICS represents 50% of world population, 40% of GDP: Ramaphosa

BRICS represents 50% of world population, 40% of GDP: Ramaphosa

Rediff.com12 Sep 2026

South African President Cyril Ramaphosa on Friday described BRICS as an important global forum, highlighting the grouping's growing demographic and economic weight and noting that its members account for around half of the world's population and 40 percent of global GDP.

Punjab observes state-wide bandh over anti-drug activist's murder

Punjab observes state-wide bandh over anti-drug activist's murder

Rediff.com16 Oct 2026

A state-wide bandh was observed across Punjab on Thursday following the murder of anti-drug activist Parvinder Singh Jhota in Mansa. Markets and educational institutions remained shut, and roads were blocked by protesters, disrupting traffic. Jhota was shot on Tuesday for questioning the illegal sale of addictive drugs. His family, supported by various political parties and farmer unions, has refused to perform his last rites until justice is delivered, demanding resignations of top officials and a CBI probe. The incident has intensified the political debate on drug menace and law and order in Punjab.

F1 returns to Africa after 33 years, with Rwanda set to host Grand Prix from early 2030s

F1 returns to Africa after 33 years, with Rwanda set to host Grand Prix from early 2030s

Rediff.com14 Oct 2026

Formula One will return to Africa after 33 years, with Rwanda securing a 10-year deal to host a Grand Prix from the early 2030s, promising tourism, investment and jobs.

Bharat Forge, Pratt & Whitney Partner For India's HALE UAV Engines

Bharat Forge, Pratt & Whitney Partner For India's HALE UAV Engines

Rediff.com16 Sep 2026

An Indian firm, Bharat Forge, and US defence major Pratt & Whitney Canada have announced a collaboration to develop India's high-altitude, long-endurance (HALE) unmanned aerial vehicle (UAV). This partnership will focus on integrating advanced turboprop engines into the DRDO-designed HALE UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative. The collaboration aims to enhance India's strategic self-reliance in surveillance and reconnaissance technology.

Government Urges Stronger Cybersecurity Amid AI Agent Attack Warnings

Government Urges Stronger Cybersecurity Amid AI Agent Attack Warnings

Rediff.com16 Oct 2026

India's cybersecurity agency, CERT-In, has issued a critical advisory warning about autonomous AI agents accessing sensitive data of Indian organisations without authorisation. Government sources on Friday emphasised the need for companies to bolster cybersecurity measures and monitor system activity, noting that while no major compromise occurred, the incident serves as an early warning. Future AI regulation is expected to address the risks posed by these agents.

IBM India MD Sandip Patel: AI Innovation Must Not Be Stifled

IBM India MD Sandip Patel: AI Innovation Must Not Be Stifled

Rediff.com13 Oct 2026

IBM India and South Asia MD Sandip Patel states that technology, especially AI, should not be "artificially paused." He advocates for vigilance and proactive governance to foster innovation while addressing potential risks. Patel also highlights IBM's India-specific initiatives like Bharat Core and a sovereign AI stack, and discusses the impact of AI on jobs and global supply chains.

'After 6 Months, NSE Scrip Will Have 100% Free Float'

'After 6 Months, NSE Scrip Will Have 100% Free Float'

Rediff.com12 Sep 2026

'Regulations give a particular minimum amount of shares to be given in the OFS or IPO -- without which one cannot do the IPO.' 'We got that number on the day of filing of updated DRHP -- sufficient for us to go live with the IPO.'

India's FDI hits record $94.53 bn in FY26, cumulative inflows reach $843 bn

India's FDI hits record $94.53 bn in FY26, cumulative inflows reach $843 bn

Rediff.com25 Sep 2026

India has achieved its highest-ever annual Foreign Direct Investment (FDI) inflow of USD 94.53 billion in FY 2025-26, with cumulative FDI reaching USD 843 billion since 2014-15, announced Commerce and Industry Minister Piyush Goyal. Production Linked Incentive (PLI) schemes have also significantly boosted investment, production, exports, and job creation.

Why Is Zepto Cafe Shutting Hundreds of Outlets?

Why Is Zepto Cafe Shutting Hundreds of Outlets?

Rediff.com22 Sep 2026

Zepto is sharply scaling back Zepto Cafe, closing hundreds of outlets and shrinking its menu as it reworks the business.

'Every Time The Rains Fail, We Talk About Drought; By Next June We Have Forgotten About It'

'Every Time The Rains Fail, We Talk About Drought; By Next June We Have Forgotten About It'

Rediff.com16 Oct 2026

'Without that one critical irrigation, the entire crop can be lost.'

OpenAI, Anthropic Urge AI Slowdown; But Will It Happen?

OpenAI, Anthropic Urge AI Slowdown; But Will It Happen?

Rediff.com22 Sep 2026

'You cannot stop these models from getting better. There is competitive and business pressure and if the US stops then maybe China will go ahead.'

'Nana Patekar Got Milder With Age'

'Nana Patekar Got Milder With Age'

Rediff.com15 Oct 2026

'Nana left Mumbai, its luxuries and all the roles he could have played, and moved to Pune, where he lived like a farmer.'

Tata Sons listing looms after RBI rejects plea on NBFC status

Tata Sons listing looms after RBI rejects plea on NBFC status

Rediff.com12 Sep 2026

The Reserve Bank of India (RBI) has rejected Tata Sons' application to surrender its non-banking finance company (NBFC) licence, a decision that mandates a public markets listing for the conglomerate's holding company as it is classified as an upper-layer NBFC.

Anti-drug activist shot dead by medical shop owner in Punjab

Anti-drug activist shot dead by medical shop owner in Punjab

Rediff.com13 Oct 2026

An anti-drug activist, Parvinder Singh alias Jhota, was allegedly shot dead by a medical store owner in Mansa, Punjab, after confronting the owner about the illegal sale of intoxicating substances.

Airtel Money files for London IPO, IFC to buy $90 mn stake

Airtel Money files for London IPO, IFC to buy $90 mn stake

Rediff.com24 Sep 2026

Airtel Africa's mobile payments arm, Airtel Money, has filed for an initial public offering (IPO) on the London Stock Exchange, with the International Finance Corporation (IFC) agreeing to purchase shares worth up to $90 million at the final offer price.

Why IIT-Bombay Wants UPI MDR Cut To 0.08%

Why IIT-Bombay Wants UPI MDR Cut To 0.08%

Rediff.com11 Oct 2026

A report by IIT-Bombay professors recommends reducing the Merchant Discount Rate (MDR) on UPI transactions from 0.40 per cent to 0.08 per cent. It suggests that banks should fund the UPI ecosystem using their net interest margins from CASA deposits, rather than relying on MDR. The report also addresses transaction costs, credit card MDR, and ATM withdrawal allowances, aiming to ensure UPI's long-term sustainability and public trust by proposing remuneration only from large merchants.

Paytm CEO Foresees Increased Profitability From New UPI Charges

Paytm CEO Foresees Increased Profitability From New UPI Charges

Rediff.com16 Sep 2026

Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transactions will significantly increase the company's revenue and profitability. The 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants, effective October 15, is expected to give Paytm a competitive edge. Sharma also highlighted the company's focus on generating free cash flow, expanding internationally, and developing proprietary artificial intelligence capabilities to drive future growth.

Putin pitches NDB investment platform to deepen BRICS trade, technology ties

Putin pitches NDB investment platform to deepen BRICS trade, technology ties

Rediff.com11 Sep 2026

Russian President Vladimir Putin has proposed a new investment platform, based on the New Development Bank (NDB), to fund projects in trade, infrastructure, logistics, and technology across BRICS nations, emphasising that the grouping's expanding economic cooperation is not 'against anyone' but aims to advance members' national interests.

Lupin eyes $500 million from biosimilars, expands global footprint

Lupin eyes $500 million from biosimilars, expands global footprint

Rediff.com15 Sep 2026

Pharma major Lupin is significantly increasing its focus on biosimilars, aiming for a turnover of nearly $500 million from this segment over the next five years, driven by new product launches and expanded presence in key global markets like the US, Europe, and Japan.

Noel Tata: We Hope RBI Will Find Common Ground With Us

Noel Tata: We Hope RBI Will Find Common Ground With Us

Rediff.com30 Sep 2026

Listing, according to Noel Tata, will fundamentally change how the company and the group have been working over the past 150 years.

FIFA slams UEFA's 'misinformation campaign' over investment proposal, alleges election interference

FIFA slams UEFA's 'misinformation campaign' over investment proposal, alleges election interference

Rediff.com29 Sep 2026

FIFA has accused UEFA of waging a 'misinformation campaign' and attempting to influence its upcoming presidential election, urging a US court to reject a discovery request related to a controversial, now-abandoned investment proposal for World Cup commercial rights.

CM Mann Reviews Preparations For Asian Champions Trophy

CM Mann Reviews Preparations For Asian Champions Trophy

Rediff.com9 Oct 2026

Punjab Chief Minister Bhagwant Mann has issued directives to various departments to ensure top-tier arrangements for the Asian Champions Trophy hockey tournament, set to take place in Jalandhar and Mohali from October 27 to November 5. Mann emphasised the need for world-class facilities, robust security, and comprehensive crowd management, while also calling for a statewide trophy tour and student participation to foster public enthusiasm and showcase Punjab's rich sporting heritage. He personally inspected venues and stressed the importance of cleanliness, beautification, and hospitality for international delegations.

Century 21 to enter India with 126-region franchise model, targeting 1,500 offices

Century 21 to enter India with 126-region franchise model, targeting 1,500 offices

Rediff.com9 Sep 2026

US-based real estate agent franchise firm Century 21 is set to enter the Indian market, estimated at around $600 billion, with a franchise-led business model. The company aims to connect Indian buyers with international properties and NRIs with Indian real estate, projecting 1,500 offices and 30,000 agents within five years.

Adani Airport Holdings raises Rs 9,825 crore from global investors for expansion

Adani Airport Holdings raises Rs 9,825 crore from global investors for expansion

Rediff.com10 Sep 2026

Adani Airport Holdings (AAHL) has announced it will raise 9,825 crore through a primary equity infusion from a consortium of global investors, including Alpha Wave Global, Premji Invest, Temasek, and funds managed by BlackRock, who will collectively acquire a 5.54 per cent stake.

Why Anthropic's Claude AI Is Now Processing Data Within India

Why Anthropic's Claude AI Is Now Processing Data Within India

Rediff.com5 Oct 2026

Artificial intelligence major Anthropic has launched AI inference capabilities in India through Amazon Bedrock, allowing its Claude AI models to process data within the country's jurisdiction. This strategic move addresses the growing demand from Indian entities, particularly in regulated sectors, for compliance with local data processing norms as per the Digital Personal Data Protection Act. The initiative strengthens Anthropic's commitment to the Indian market, enabling secure and compliant AI deployment for sensitive workloads and fostering trust among major enterprises like Reliance, CRED, and NPCI.

Longest Nifty Losing Streak Since Covid

Longest Nifty Losing Streak Since Covid

Rediff.com26 Sep 2026

'India is collateral damage. There is no way that foreign investors are going to bring money in India despite our yields also going up.'

Tax relief on insurance drives higher policy purchases, expands coverage

Tax relief on insurance drives higher policy purchases, expands coverage

Rediff.com22 Sep 2026

The removal of Goods and Services Tax (GST) on individual health and life insurance has led to a significant increase in new policy purchases and higher coverage levels, despite an initial surge moderating, according to industry experts.

Amazon Now hits $1 billion annualised gross sales in India, eyes 100 cities by Diwali

Amazon Now hits $1 billion annualised gross sales in India, eyes 100 cities by Diwali

Rediff.com15 Sep 2026

Amazon's ultra-fast delivery service, Amazon Now, has achieved $1 billion in annualised gross sales in India over the last three months, marking it as the fastest-growing e-commerce business in Amazon India's history, with orders doubling every quarter.

Is koda-VW Finally Bring a Mass-Market EV to India?

Is koda-VW Finally Bring a Mass-Market EV to India?

Rediff.com15 Sep 2026

koda Auto Volkswagen India is actively exploring various approaches to penetrate India's burgeoning electric vehicle (EV) market, including importing global models, local assembly, and developing highly localised products, as EV penetration is expected to reach 17-18% by the end of the decade.

Tata Trusts: What Maharashtra Charity Commissioner Is Looking At

Tata Trusts: What Maharashtra Charity Commissioner Is Looking At

Rediff.com30 Sep 2026

A letter sent by the Sir Dorabji Tata Trust to Venu Srinivasan, Tata Trusts vice-chairman and nominee director on Tata Sons, a day before the Tata Sons board meeting on September 17, is at the centre of deliberations.

Airlines Challenge Adani Over Mumbai T1 Redevelopment

Airlines Challenge Adani Over Mumbai T1 Redevelopment

Rediff.com5 Oct 2026

The Airline Operators Committee has questioned the basis for shifting 33 per cent of international services to Navi Mumbai International Airport.

Why India Is Wooing Sri Lanka's JVP

Why India Is Wooing Sri Lanka's JVP

Rediff.com5 Oct 2026

India's ruling Bharatiya Janata Party (BJP) is actively courting Sri Lanka's Janatha Vimukthi Peramuna (JVP), a Marxist party with strong Sinhalese nationalist roots, marking a significant shift in bilateral relations despite ideological differences. This engagement, highlighted by a recent high-profile visit by JVP leader Tilvin Silva, aims to foster cooperation on economic projects and address New Delhi's concerns over slow progress in India-aided initiatives in the island nation.

Irdai proposes phased reduction in insurer expense limits, new commission framework

Irdai proposes phased reduction in insurer expense limits, new commission framework

Rediff.com24 Sep 2026

The Insurance Regulatory and Development Authority of India (Irdai) has proposed a phased reduction in the expenses of management (EoM) limits for insurers, aiming to lower the overall cost of insurance and enhance returns for policyholders. The proposals also include a new framework for commissions, stricter measures against mis-selling, and mandatory cost audits.

Why India Is Key To Salesforce's AI-First Enterprise Transformation

Why India Is Key To Salesforce's AI-First Enterprise Transformation

Rediff.com16 Sep 2026

Salesforce CEO Marc Benioff highlights India's crucial role in the company's shift to an AI-first enterprise system. He emphasized India's vast pool of technology professionals and partners as key to this transformation, underscoring the country's importance in Salesforce's global strategy.

Pressure on current account is a temporary problem, says RBI Governor

"Pressure on current account is a temporary problem," says RBI Governor

Rediff.com8 Oct 2026

"Pressure on the current account is a temporary problem. Sooner rather than later, our external sector will improve," said RBI Governor Sanjay Malhotra.

BRICS 2026: India's Chance To Make Diplomatic Gains

BRICS 2026: India's Chance To Make Diplomatic Gains

Rediff.com12 Sep 2026

For India, the goal is not simply to host another grand diplomatic gathering. It is to prove that a diverse coalition of emerging powers can still deliver.

How NVIDIA's Hugging Face Acquisition Will Shape Open AI

How NVIDIA's Hugging Face Acquisition Will Shape Open AI

Rediff.com3 Sep 2026

NVIDIA has acquired AI startup Hugging Face for USD 12.9 billion, aiming to scale its platform, strengthen infrastructure, and expand access to AI for developers and institutions worldwide while maintaining an open ecosystem.