News for 'Business Development'

Mumbai man dies after falling into open manhole; 4 officials suspended

Mumbai man dies after falling into open manhole; 4 officials suspended

Rediff.com3 Jul 2026

A 55-year-old man died after falling into an open manhole in Mumbai during heavy rains, leading to the Brihanmumbai Municipal Corporation (BMC) suspending four officials and initiating a homicide case against the responsible contractor for alleged negligence.

Walmart's India Sourcing Crosses $40 Billion Mark, Bolstering Export Push

Walmart's India Sourcing Crosses $40 Billion Mark, Bolstering Export Push

Rediff.com8 May 2026

Retail giant Walmart has announced that India has become one of its fastest-growing sourcing hubs globally, with the company having procured over $40 billion worth of goods from the country. This initiative aims to expand supplier capabilities, improve compliance standards, and help Indian manufacturers scale exports worldwide.

Indian Pharma Firms Deepen US Investment in Specialty Drugs Amidst Generic Pressure

Indian Pharma Firms Deepen US Investment in Specialty Drugs Amidst Generic Pressure

Rediff.com2 Jun 2026

Indian pharmaceutical companies are strategically increasing investments in the US market, focusing on specialty drugs, complex generics, respiratory products, and local manufacturing, despite a nearly 10 per cent fall in exports to the US in FY26 due to pricing pressure and competition in traditional generics.

Info Edge invests over Rs 1,000 crore in AI, deep-tech startups since 2020

Info Edge invests over Rs 1,000 crore in AI, deep-tech startups since 2020

Rediff.com23 Jun 2026

Info Edge, the parent company of naukri.com, has invested over 1,000 crore in more than 50 artificial intelligence (AI) and deep-tech startups since 2020, demonstrating its commitment to fostering India's emerging technology ecosystem.

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Rediff.com17 May 2026

Fintech and enterprise technology firm Paramotor Digital Technology Ltd has confidentially filed draft papers with markets regulator Sebi for an initial public offering (IPO). The company submitted its draft papers under Sebi's pre-filing route, which allows issuers to keep details related to the issue size and other key information confidential until a later stage.

'Small-Caps Represent Best Opportunity In India'

'Small-Caps Represent Best Opportunity In India'

Rediff.com16 Jun 2026

'The real money in India over the coming period is likely to be made in small-cap stocks rather than in the large-cap benchmark names.'

Delhi hotel fire: Key accused Jay Mishra surrenders to court

Delhi hotel fire: Key accused Jay Mishra surrenders to court

Rediff.com8 Jun 2026

Jay Mishra, a key accused and associate of the owner in the south Delhi hotel fire that killed 22 people, has surrendered to a court. Mishra is implicated in the hotel's operations and lack of security, with the police probe widening to examine his and the owner's roles in the tragedy.

Want To Study At Melbourne University?

Want To Study At Melbourne University?

Rediff.com22 Jun 2026

'We're doing a lot of work around work-integrated learning, providing students with every opportunity to take at least part of their education as a practical work-based experience.'

Which Industries Will Give Bigger Salary Hikes?

Which Industries Will Give Bigger Salary Hikes?

Rediff.com10 Jun 2026

'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'

Flipkart Strengthens Tech Leadership With Strategic AI And Fintech Appointments

Flipkart Strengthens Tech Leadership With Strategic AI And Fintech Appointments

Rediff.com12 Jun 2026

E-commerce major Flipkart has announced significant appointments to its technology leadership team, bringing in experts in artificial intelligence, data science, fintech, and core engineering. These strategic hires, including Goda Ramkumar, Mohan Palisetti, and Nitesh Jain, are aimed at strengthening Flipkart's capabilities in these critical areas to better serve India's expanding digital consumer and seller base.

Flipkart Strengthens Tech Leadership With Strategic AI And Fintech Appointments

Flipkart Strengthens Tech Leadership With Strategic AI And Fintech Appointments

Rediff.com12 Jun 2026

E-commerce major Flipkart has announced significant appointments to its technology leadership team, bringing in experts in artificial intelligence, data science, fintech, and core engineering. These strategic hires, including Goda Ramkumar, Mohan Palisetti, and Nitesh Jain, are aimed at strengthening Flipkart's capabilities in these critical areas to better serve India's expanding digital consumer and seller base.

Maharashtra plans Devabhau, Chhava taxis to take on Uber/Ola, activists cry foul

Maharashtra plans Devabhau, Chhava taxis to take on Uber/Ola, activists cry foul

Rediff.com16 Jun 2026

Maharashtra BJP MLC Pravin Darekar announced the launch of 'Devabhau' and 'Chhava' cooperative taxi services in Mumbai, aiming to counter private aggregators and benefit drivers directly, but the scheme has drawn sharp criticism from social activist Anjali Damania and the Opposition Congress over the proposed use of Mumbai Bank funds and its political branding.

Putin: Sanctions threat on India will 'boomerang' under Modi

Putin: Sanctions threat on India will 'boomerang' under Modi

Rediff.com6 Jun 2026

Russian President Vladimir Putin asserted that any attempts to undermine India's sovereignty through 'threats of sanctions' would 'boomerang immediately' under Prime Minister Narendra Modi's leadership, highlighting India's sovereign decision-making and strong national interests.

Goodbye, Shastri Bhawan

Goodbye, Shastri Bhawan

Rediff.com13 Jun 2026

As Shastri Bhawan nears demolition, one of Delhi's most iconic government buildings leaves behind six decades of stories, power, journalism and public life.

Pressure mounts on UK PM Starmer as Burnham emerges as challenger

Pressure mounts on UK PM Starmer as Burnham emerges as challenger

Rediff.com21 Jun 2026

Keir Starmer has come under mounting pressure to resign as the leader of the Labour Party to pave the way for Andy Burnham to take over as the new British Prime Minister.

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Rediff.com24 Jun 2026

Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.

AI provides huge opportunities to Indian firms; won't hurt business: Nasscom

AI provides huge opportunities to Indian firms; won't hurt business: Nasscom

Rediff.com17 Feb 2026

The rapid development of artificial intelligence (AI) globally presents significant opportunities for Indian companies and will not adversely impact their businesses, Nasscom AI head Ankit Bose said on Tuesday.

Why Make Yoga Day A Ritual

Why Make Yoga Day A Ritual

Rediff.com22 Jun 2026

We have Yoga Day. We have Hindi Day. We have, I am fairly certain, so many days, though I have never met anyone enjoying these days, notes Binu Alex.

Reliance Begins Green Energy Rollout From Jamnagar Complex

Reliance Begins Green Energy Rollout From Jamnagar Complex

Rediff.com28 May 2026

Reliance Industries has delivered the first batch of solar modules from its green energy complex in Jamnagar, Gujarat, marking the operational rollout of its New Energy business. The company is developing an integrated clean energy manufacturing ecosystem, including solar modules, batteries, green hydrogen, and bio-energy infrastructure.

Father's Day: Fathers Of 18 Famous Indians

Father's Day: Fathers Of 18 Famous Indians

Rediff.com21 Jun 2026

Who are the special fathers of these famous Indians? The paternal figures responsible for putting them on the right path and helping them find greatness.

Fit Hardik Pandya could be India's X-factor at 2027 World Cup: WV Raman

Fit Hardik Pandya could be India's X-factor at 2027 World Cup: WV Raman

Rediff.com20 Jun 2026

Former India coach WV Raman says a fully fit Hardik Pandya could provide India the edge at the 2027 ODI World Cup, highlighting his all-round value while urging the team management to use the next 12-15 months to experiment with combinations and define player roles.

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.'

Fiancee, lover made 2,004 calls before Lohagad Fort murder plot: Police

Fiancee, lover made 2,004 calls before Lohagad Fort murder plot: Police

Rediff.com25 Jun 2026

In a deadly twist to what would have been a dream wedding, police on Tuesday said 26-year-old Ketan, who died while on a trek on June 18, was allegedly pushed into the gorge by his fiancee Siya (20) and her lover Chetan (22).

What Dilip Shanghvi said on Sun Pharma's Organon Buy

What Dilip Shanghvi said on Sun Pharma's Organon Buy

Rediff.com27 Apr 2026

Sun Pharmaceutical Industries' Executive Chairman Dilip Shanghvi described the USD 11.75 billion acquisition of US-based Organon & Co as both a "happy" and "bit anxious" moment, acknowledging the significant debt required to fund the large transaction.

India Inc to see 8.6-10.2% salary hikes in FY27, driven by skilled talent demand

India Inc to see 8.6-10.2% salary hikes in FY27, driven by skilled talent demand

Rediff.com9 Jun 2026

Corporate India is projected to offer salary increments ranging from 8.6 per cent to 10.2 per cent across various industries in the financial year 2026-27, primarily fuelled by a sustained demand for skilled and execution-focused talent, according to a TeamLease Services report.

Govt Not Complacent, More Reforms In The Pipeline: Shaktikanta Das

Govt Not Complacent, More Reforms In The Pipeline: Shaktikanta Das

Rediff.com12 May 2026

'Policy consistency combined with timely and calibrated reforms are expected to ensure that India not only maintains macroeconomic stability, but also emerges as a globally competitive and inclusive economy.'

Vaibhav Sooryavanshi becomes IIM Indore research subject

Vaibhav Sooryavanshi becomes IIM Indore research subject

Rediff.com2 Jun 2026

IIM Indore will conduct a study on teenage cricket sensation Vaibhav Sooryavanshi to understand the impact of early fame and pressure on child prodigies.

Call records reveal how fiancee planned Ketan Agarwal's murder

Call records reveal how fiancee planned Ketan Agarwal's murder

Rediff.com25 Jun 2026

Pune police have revealed that Ketan Agarwal's fiancee, Siya Goyal, and her lover, Chetan Chaudhary, exchanged 2,004 calls and spent 238 hours on the phone in the six months leading up to Agarwal's alleged murder at Lohagad Fort, suggesting extensive planning for the crime.

Kaspersky Eyes India as Regional Hub Amid Cybersecurity Threat Surge

Kaspersky Eyes India as Regional Hub Amid Cybersecurity Threat Surge

Rediff.com17 Mar 2026

Global cybersecurity firm Kaspersky plans to significantly increase its investments in India, leveraging the country as a hub for regional services due to strong financial performance and the escalating threat landscape.

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Rediff.com2 Jun 2026

The CBI has filed three chargesheets against former Karnataka minister B Nagendra and his associate Nekkanti Nagaraj for allegedly diverting Rs 89 crore in state government funds intended for Scheduled Tribes.

India records $7.1 billion current account surplus in Q4 FY26

India records $7.1 billion current account surplus in Q4 FY26

Rediff.com8 Jun 2026

India achieved a current account surplus of USD 7.1 billion, or 0.7 per cent of GDP, in the January-March quarter of 2025-26, primarily boosted by robust services exports and increased remittances from overseas Indians, according to recent Reserve Bank of India data.

Playing two Tests a year on average has been the bane for Afghan cricket: Shahidi

Playing two Tests a year on average has been the bane for Afghan cricket: Shahidi

Rediff.com4 Jun 2026

Afghanistan Test captain Hashmatullah Shahidi addressed Rashid Khan's Test future, stating it's a matter for selectors. Shahidi emphasised the need for Afghanistan to play more Test matches to develop their red-ball team, despite their domestic red-ball structure. He also highlighted the talent beyond T20 leagues and expressed confidence in his team's ability to handle conditions and compete against India.

Does Trouble Follow Dharmendra Pradhan?

Does Trouble Follow Dharmendra Pradhan?

Rediff.com16 Jun 2026

Mr Pradhan is not an especially charismatic leader or a brilliant orator, but his understanding of realpolitik and organisational dynamics makes him the ultimate party man, points out Aditi Phadnis.

Kerala on high alert as fresh Nipah case found in Kozhikode

Kerala on high alert as fresh Nipah case found in Kozhikode

Rediff.com11 Jun 2026

The patient initially developed a fever that subsided but later returned, prompting hospitalisation.

US Payment Giant Zelle Expands To India

US Payment Giant Zelle Expands To India

Rediff.com12 Jun 2026

Zelle, a major US peer-to-peer payment service, is set to launch in India by the end of this year, marking its first international expansion. The move aims to tap into India's large remittance market, offering a service similar to UPI but integrated with bank apps. Zelle also introduced ZelleUSD, a stablecoin for future global payment capabilities.

Govt Clears Cancer Drug Price Hike

Govt Clears Cancer Drug Price Hike

Rediff.com11 Jun 2026

'While higher prices may create some financial burden for patients and caregivers in the short term, uninterrupted access to treatment remains the greater priority.'

Industry Taskforce Calls For AI Curriculum Overhaul

Industry Taskforce Calls For AI Curriculum Overhaul

Rediff.com28 May 2026

An industry-led AI curriculum taskforce has recommended shifting the present lecture-based teaching system for technical education to learning from real industry use cases and enhancing practical exposure of students.

91 Life Convicts Released From Telangana Prisons

91 Life Convicts Released From Telangana Prisons

Rediff.com2 Jun 2026

The Telangana Prisons and Correctional Services Department facilitated the release of 91 life convicts who were granted special remission by the state government. The released prisoners include 85 men and six women, all of whom were found eligible for remission under the government's prescribed guidelines.

Your Complete MCX Trading Calendar for June-July 2026

Your Complete MCX Trading Calendar for June-July 2026

Rediff.com25 Jun 2026

Commodity trading on MCX is quite different from trading equities on the NSE or BSE. During the June-July period, the commodity market players in India will encounter several commodity contract expiries.

EAM Jaishankar to Brief Parliament on West Asia Developments

EAM Jaishankar to Brief Parliament on West Asia Developments

Rediff.com8 Mar 2026

External Affairs Minister S Jaishankar will address the Lok Sabha on the situation in West Asia, as Parliament reconvenes for the Budget session amidst ongoing regional tensions.