News for 'Business Development'

Indian Hockey Stars Unaware Of Imminent Retirement

Indian Hockey Stars Unaware Of Imminent Retirement

Rediff.com1 days ago

Four senior Indian hockey players, including Mandeep Singh and Amit Rohidas, have expressed surprise and disappointment over reports that they are set to retire after the upcoming Asian Champions Trophy. The players, who recently won gold at the Asian Games, stated they were not consulted and are keen to continue playing, with eyes on the 2028 Olympics.

Karnataka Government Urges Stronger BFSI And FinTech Partnerships

Karnataka Government Urges Stronger BFSI And FinTech Partnerships

Rediff.com7 days ago

The Government of Karnataka has called for enhanced collaboration with the BFSI and FinTech sectors to bolster its technology ecosystem and accelerate the adoption of innovative solutions. This initiative, discussed at an Industry Meet, aims to foster partnerships between government, industry, and academia, particularly through programmes like 'Government First', in preparation for the Bengaluru Tech Summit 2026.

CCAvenue Brings Apple Pay To Its Merchant Network

CCAvenue Brings Apple Pay To Its Merchant Network

Rediff.com30 Sep 2026

Apple Pay has officially launched in India, integrating with CCAvenue and partnering with Axis Bank to bring secure and convenient mobile payment solutions to millions of iPhone, iPad, and Apple Watch users across a vast network of merchants.

Jio Platforms IPO Set for October End Listing, Valued at $143-146 Billion

Jio Platforms IPO Set for October End Listing, Valued at $143-146 Billion

Rediff.com4 Oct 2026

Digital services major Jio Platforms is anticipated to list on the stock exchange by the end of October, with an estimated enterprise valuation of USD 143-146 billion, making it India's largest public offer at around USD 3.8 billion.

Viksit Bharat: What Nirmala Sitharaman told India Inc

Viksit Bharat: What Nirmala Sitharaman told India Inc

Rediff.com22 Sep 2026

Finance Minister Nirmala Sitharaman has called upon Indian industry to prioritise not just scale but also resilience, better governance, and deeper technological capabilities to achieve the 'Viksit Bharat' goal by 2047.

Iran defies US exit order, Rubio strikes as 2 envoys 'kicked out' of America

Iran defies US exit order, Rubio strikes as 2 envoys 'kicked out' of America

Rediff.com4 Oct 2026

Two members of Iran's delegation to the United Nations General Assembly in New York were "kicked out" of the United States on Saturday after allegedly failing to comply with a US State Department order to leave the country, Axios reported, citing a US official, as tensions between Washington and Tehran continue to rise amid the West Asia crisis, particularly the Strait of Hormuz.

Aadhaar: 'Fraudsters Get Smarter, But We're Also Getting Smarter'

Aadhaar: 'Fraudsters Get Smarter, But We're Also Getting Smarter'

Rediff.com10 Sep 2026

'It's A Cat And Mouse Game.'

WOMEN INTERRUPTED: Building Bridges For Women To Return To The Workplace

WOMEN INTERRUPTED: Building Bridges For Women To Return To The Workplace

Rediff.com7 Oct 2026

A career break does not erase the experience that came before it. But the labour market can act as though it does. The more women invest in building professional careers, the more costly an interruption can become. How, then, do we enable women to make a comeback? Whose responsibility is it? asks Radha Roy Biswas.

Online Shopping Scams: How To Stay Safe

Online Shopping Scams: How To Stay Safe

Rediff.com23 hours ago

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

Premium Office Rents Surge in Mumbai, Delhi-NCR Due to Supply Constraints

Premium Office Rents Surge in Mumbai, Delhi-NCR Due to Supply Constraints

Rediff.com28 Sep 2026

Large office leases in Mumbai and Delhi-NCR are commanding premium rentals in key micro-locations, driven by a scarcity of quality Grade-A space and sustained occupier demand, according to real estate consultants.

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.com19 hours ago

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.

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

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

Rediff.com6 days ago

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.

Indian B-Schools Face Urgent Need To Boost AI Competencies

Indian B-Schools Face Urgent Need To Boost AI Competencies

Rediff.com18 Sep 2026

A national study of top 75 Indian B-schools reveals a significant competency gap in AI skills among management graduates, with industry expectations far exceeding current MBA capabilities. A new framework by AIMS, EPSI, and IMC highlights the urgent need for management education to adapt to an AI-led workplace, emphasizing behavioural competencies alongside data fluency.

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

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

Rediff.com1 days ago

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.

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.

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.

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

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

Rediff.com1 days ago

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.

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.

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.

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.

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 IIT-Bombay Wants UPI MDR Cut To 0.08%

Why IIT-Bombay Wants UPI MDR Cut To 0.08%

Rediff.com3 days ago

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.

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.

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.

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.'

'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.'

CM Mann Reviews Preparations For Asian Champions Trophy

CM Mann Reviews Preparations For Asian Champions Trophy

Rediff.com5 days ago

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.'

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

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

Rediff.com7 days ago

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

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.

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.