News for 'Business Development'

Indian Investments in US Rise, Create American Jobs: Official

Indian Investments in US Rise, Create American Jobs: Official

Rediff.com5 May 2026

Indian foreign direct investment (FDI) in the United States has reached approximately USD 16.4 billion, supporting around 70,800 jobs and contributing significantly to research and development, according to US Deputy Undersecretary Brandon Remington.

Tata Board Meeting Silent On Chandra's Extension

Tata Board Meeting Silent On Chandra's Extension

Rediff.com27 May 2026

The much-awaited board meeting of Tata Sons did not discuss listing of the holding company or a third term for Chairman N Chandrasekaran.

Biocon eyes in-licensing to boost biosimilars portfolio, targets margin expansion

Biocon eyes in-licensing to boost biosimilars portfolio, targets margin expansion

Rediff.com9 May 2026

Biocon is actively seeking in-licensing opportunities to expand its biosimilars portfolio, focusing on products that complement existing therapy areas, as the company shifts to a 'consolidate' phase with a strong emphasis on improving capacity utilisation, expanding margins, and driving return on capital employed.

Affordable housing may lose more ground as costs rise

Affordable housing may lose more ground as costs rise

Rediff.com5 May 2026

The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.

Uber and Flipkart Team Up to Reward Riders with SuperCoins

Uber and Flipkart Team Up to Reward Riders with SuperCoins

Rediff.com15 Apr 2026

Flipkart and Uber have announced a partnership to integrate Flipkart's 'SuperCoins' reward programme into Uber's mobility services, allowing users to earn rewards on rides.

Uber and Flipkart Team Up: Earn Rewards on Rides with SuperCoins

Uber and Flipkart Team Up: Earn Rewards on Rides with SuperCoins

Rediff.com15 Apr 2026

Flipkart and Uber have announced a partnership to integrate Flipkart's SuperCoins reward programme into Uber's mobility services, allowing users to earn rewards on rides.

Punjab Minister Accuses ED Of Politically Motivated Defamation

Punjab Minister Accuses ED Of Politically Motivated Defamation

Rediff.com8 May 2026

Punjab Minister Aman Arora has accused the Enforcement Directorate (ED) of defaming him by linking his name to recent raids in a money laundering probe. Arora alleges the BJP-led Centre is running a politically motivated campaign to malign him and has offered full cooperation with any inquiry.

Biocon Succession Plan: Kiran Mazumdar-Shaw Names Claire Mazumdar as Future Leader

Biocon Succession Plan: Kiran Mazumdar-Shaw Names Claire Mazumdar as Future Leader

Rediff.com6 May 2026

Kiran Mazumdar-Shaw names niece Claire Mazumdar as successor at Biocon. Explore the leadership transition, strategy, and future plans.

Salesforce To Create 'Digital Labour Platforms', Not Replace Humans

Salesforce To Create 'Digital Labour Platforms', Not Replace Humans

Rediff.com18 May 2026

Salesforce is concentrating on developing 'digital labour platforms' and using AI to augment human capabilities rather than replace them, according to a senior company official.

ISRO to print rocket components with Russian 3D printing machine

ISRO to print rocket components with Russian 3D printing machine

Rediff.com29 Apr 2026

The RusBeam 2800 is now India's largest electron-beam wire deposition 3D printer operating under vacuum. The machine was custom-built for India and is operated with software developed by Rosatom.

Kalyani Group Breaks Ground On Defence Manufacturing Facility

Kalyani Group Breaks Ground On Defence Manufacturing Facility

Rediff.com15 May 2026

Kalyani Strategic Systems' subsidiary, Agneyastra Energetics Ltd, has commenced construction of a Rs 1,500-crore defence manufacturing facility in Andhra Pradesh, aiming to enhance India's indigenous defence capabilities and generate employment.

Why Estonian Tech Startups Are Keen On Partnering With India

Why Estonian Tech Startups Are Keen On Partnering With India

Rediff.com31 May 2026

Estonian tech startups in AI, cybersecurity, defence, and medicine are showing interest in collaborating with India, aiming to tap into its vast market. Latitude59, a prominent startup conference, is considering hosting a networking event in India next year to foster these partnerships.

Kattalan Review: Loud, Violent And Dull

Kattalan Review: Loud, Violent And Dull

Rediff.com29 May 2026

Kattalan tries to roar like Marco with blood-soaked violence and mass swagger, but ends up as a noisy, identity-less actioner with little bite.

Netradyne Buys Moove To Boost European Operations

Netradyne Buys Moove To Boost European Operations

Rediff.com5 May 2026

AI-powered fleet safety and performance solutions provider Netradyne has acquired European fleet intelligence and connected mobility company Moove Connected Mobility for an undisclosed sum.

India must not rent its intelligence future: Adani

India must not rent its intelligence future: Adani

Rediff.com12 May 2026

Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.

South India Industry Feels Absence of Bengal, Assam Workers

South India Industry Feels Absence of Bengal, Assam Workers

Rediff.com23 May 2026

South India's manufacturing, construction, and services sectors are grappling with severe labour shortages, prompting employers to offer attractive incentives like free air tickets and salary increments to lure migrant workers back from their home states after recent assembly elections.

Budget 2026: The Business Of IP Remains Unfinished

Budget 2026: The Business Of IP Remains Unfinished

Rediff.com23 Feb 2026

The Union Budget backs skilling across animation, gaming and comics. But creators and studios confront a hard question: who owns what comes next?

Op Sindoor: 'Pakistan Was Completely Blind'

Op Sindoor: 'Pakistan Was Completely Blind'

Rediff.com5 Jun 2026

'We won not (only) because we were able to carry out long-range precision strikes.' 'That is, of course, one of the reasons but we had better situational awareness about what's happening than Pakistan.'

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Yogi Adityanath: UP Attracted Rs 50 Trillion Investment Proposals Since 2017

Rediff.com12 May 2026

Uttar Pradesh Chief Minister Yogi Adityanath announced that the state has secured investment proposals worth approximately Rs 50 trillion over the past nine years, attributing this economic revival to the enforcement of the rule of law and strategic policy changes. He affirmed UP's trajectory towards becoming a $1 trillion economy by 2029-30.

Bengal Government To Prioritise Women's Safety And Complaints

Bengal Government To Prioritise Women's Safety And Complaints

Rediff.com13 May 2026

West Bengal minister Agnimitra Paul announced that the state government will ensure women's freedom of movement at any time and prioritise their complaints. CCTV monitoring will be introduced across civic bodies to enhance transparency and curb corruption. The government also plans to address illegal activities such as toll plazas, sand extraction, and coal mining, while streamlining welfare schemes and improving infrastructure projects.

How Delhi Police Busted Illegal Forex Trading Call Centre

How Delhi Police Busted Illegal Forex Trading Call Centre

Rediff.com22 May 2026

Delhi Police busted an illegal forex trading call centre in Indore, arresting six individuals involved in defrauding victims nationwide through fake online investment schemes. The syndicate allegedly used a fake trading platform to lure people into investing in forex and online trading products, showing fabricated profits and gains.

PhonePe Surpasses 50 Million Registered Merchants Milestone

PhonePe Surpasses 50 Million Registered Merchants Milestone

Rediff.com28 Apr 2026

Fintech giant PhonePe has announced it has surpassed 50 million registered merchants on its platform, marking a significant milestone as it expands its financial service offerings beyond QR code payments.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com22 May 2026

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

Rupee Fall Exposes India's Economic Weakness

Rupee Fall Exposes India's Economic Weakness

Rediff.com27 May 2026

We who were dreaming of being the third largest economy in dollar terms, have slid back to sixth, thanks to the falling rupee. We are moving about with begging bowls for investments and trade opportunities, which will be a while in materialising, if ever, notes Shreekant Sambrani.

How Norway Chess Is Reshaping The Elite Chess Experience

How Norway Chess Is Reshaping The Elite Chess Experience

Rediff.com28 May 2026

Norway Chess has consistently innovated to enhance the experience for players and fans, introducing features like the 'confession box' and the Armageddon tie-break to make elite chess more engaging and decisive.

US Calls For Openness, Security In AI Partnership With India

US Calls For Openness, Security In AI Partnership With India

Rediff.com9 May 2026

A senior US official has emphasised the importance of openness and security in the development of artificial intelligence between India and the US, urging both nations to avoid dependencies on adversarial countries.

How TCS Is Building The 'Infrastructure Of Intelligence'

How TCS Is Building The 'Infrastructure Of Intelligence'

Rediff.com16 May 2026

Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.

Balrampur Chini's Bio-Plastic Plant To Generate 2,000 Crore Revenue

Balrampur Chini's Bio-Plastic Plant To Generate 2,000 Crore Revenue

Rediff.com17 May 2026

Balrampur Chini Mills Ltd anticipates annual revenue of approximately Rs 2,000 crore from its new bio-plastic plant in Uttar Pradesh, scheduled for commissioning in the December quarter. The company is investing over Rs 3,000 crore in the Poly Lactic Acid (PLA) plant with a capacity of 80,000 tonnes per annum.

How Paytm's Separation From PPBL Secured Its Future

How Paytm's Separation From PPBL Secured Its Future

Rediff.com29 Apr 2026

Following regulatory action against Paytm Payments Bank Ltd (PPBL), Paytm strategically separated its core operations, a move praised by analysts for preserving business continuity and governance. This separation has enabled Paytm to sustain growth and improve profitability.

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Rediff.com23 May 2026

Kerala, Tamil Nadu and West Bengal have been fiscally stressed for a considerable period of time, and there are no easy ways to mobilise revenues to meet the cost of the promised freebies, particularly in the prevailing difficult economic scenario, points out M Govinda Rao.

Absence of many MLAs at TMC's protest triggers chatter

Absence of many MLAs at TMC's protest triggers chatter

Rediff.com20 May 2026

The absence of many TMC legislators from a major protest programme has triggered political chatter, raising questions about the party's unity and ability to transition into an effective opposition after its recent electoral defeat in West Bengal.

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Rediff.com22 May 2026

Pharmaceutical major Cipla reported a 3 per cent year-on-year decline in March quarter revenue to Rs 6,541 crore, with net profit falling 55 per cent to Rs 554.6 crore, missing consensus estimates. Despite strong growth in India and Africa, a significant decline in North American sales impacted overall performance, with the company now focusing on new product launches and regulatory filings to drive future gains.

Gautam Adani overtakes Mukesh Ambani to become Asia's wealthiest person

Gautam Adani overtakes Mukesh Ambani to become Asia's wealthiest person

Rediff.com17 Apr 2026

Gautam Adani, Chairman of the Adani Group, has surpassed Mukesh Ambani to become Asia's richest person, with a net worth of USD 92.6 billion, placing him 19th globally according to the Bloomberg Billionaires Index.

Indian Youth Adopt Work AI Faster Than Global Peers

Indian Youth Adopt Work AI Faster Than Global Peers

Rediff.com21 May 2026

A Deloitte survey reveals that Indian Gen Z and millennial professionals are rapidly adopting AI tools in the workplace, surpassing their global counterparts in usage and confidence, while also facing financial pressures and shifting workplace expectations.

How Mizoram Police Rescued Women From Trafficking Racket

How Mizoram Police Rescued Women From Trafficking Racket

Rediff.com7 May 2026

Mizoram police, in collaboration with Uttarakhand police, rescued five Mizo women, including two minors, from a sex trafficking racket operating under the guise of a spa in Rudrapur. Six individuals have been arrested, including the alleged mastermind and spa owner.

'IPL money can put you in a comfortable space': Kohli warns young cricketers

'IPL money can put you in a comfortable space': Kohli warns young cricketers

Rediff.com19 May 2026

Virat Kohli has urged young cricketers to prioritise long-term commitment and respect in the sport over the instant fame and money offered by the IPL, emphasising the importance of being versatile players capable of handling pressure in all formats.

Punjab Minister Accuses ED Of Defaming Him In Raids

Punjab Minister Accuses ED Of Defaming Him In Raids

Rediff.com8 May 2026

Punjab Cabinet Minister Aman Arora has accused the Enforcement Directorate (ED) of defaming him by linking his name to a raid operation conducted on realty groups in Punjab and Chandigarh. Arora denies any wrongdoing and claims the ED's actions are politically motivated.

How India Can Lead In AI-Native Governance, According To ServiceNow

How India Can Lead In AI-Native Governance, According To ServiceNow

Rediff.com7 May 2026

ServiceNow Vice Chairman Nick Tzitzon highlights India's potential to develop an AI-native government model, emphasising enhanced public services, data privacy, and economic growth.

Mizoram Women's Group Condemns Trafficking Of Women

Mizoram Women's Group Condemns Trafficking Of Women

Rediff.com12 May 2026

The apex women's association in Mizoram, Mizo Hmeichhe Insuihkhawm Pawl (MHIP), has strongly condemned the alleged trafficking and exploitation of women from the state under the guise of employment outside Mizoram. The organisation is pursuing the matter to ensure the accused receive stringent punishment under the law.

Ralph Lauren Faces Heat Over Bandhani Skirt

Ralph Lauren Faces Heat Over Bandhani Skirt

Rediff.com6 May 2026

'It is disappointing that a craft, which is protected by the Geographical Indication Tag, Polo Ralph Lauren has turned it into a cheap wrap skirt, that too, printed.'