News for 'Business Development'

From Tesla to Mercedes, luxury carmakers head South

From Tesla to Mercedes, luxury carmakers head South

Rediff.com11 Mar 2025

In 2024 alone, South India saw the highest rise in sales in the luxury segment, with Tamil Nadu reportedly registering a 19.3 per cent increase in premium car registrations from 2022-23

'Tariffs will hurt insurance, patients and everyone'

'Tariffs will hurt insurance, patients and everyone'

Rediff.com10 Feb 2025

After registering a net profit of Rs 25.1 crore in Q3FY25 and consolidated revenues growing by 7 per cent on a like-for-like basis, Siddharth Mittal, chief executive officer (CEO) and managing director, Biocon, told Sohini Das/Business Standard in a virtual interaction that local manufacturing in the US is a trade off between cost and qualifying to do business there.

UK condemns security breach during Jaishankar's visit

UK condemns security breach during Jaishankar's visit

Rediff.com6 Mar 2025

The UK has strongly condemned a security breach involving a pro-Khalistan extremist rushing towards External Affairs Minister S Jaishankar's convoy in London. The incident took place as Jaishankar was leaving the Chatham House think tank on Wednesday evening. The protester was swiftly taken aside by officers of the Metropolitan Police, with no arrests being confirmed so far. The UK said such attempts to "intimidate, threaten, or disrupt" public events are "completely unacceptable". The incident comes after Jaishankar's talks with UK Foreign Secretary David Lammy, during which both leaders covered the entire gamut of bilateral ties, including the relaunched Free Trade Agreement (FTA) negotiations, regional and global issues. The MEA has condemned the security breach and the provocative activities of the "small group of separatists and extremists", calling on the UK to "live up to their diplomatic obligations".

'How Can IRDAI Ask Insurers To Invest In Bima Sugam?'

'How Can IRDAI Ask Insurers To Invest In Bima Sugam?'

Rediff.com27 Feb 2025

'It is imprudent on the part of Indian insurance companies to invest out of the shareholders' fund in a private limited company.'

'Our India centre is a hub for global innovation'

'Our India centre is a hub for global innovation'

Rediff.com8 Jan 2025

'Our business continues to roll out its strategy, the role of this GDTC continues to grow.'

Thoothukudi ahoy! Adani, Vedanta in race for port project

Thoothukudi ahoy! Adani, Vedanta in race for port project

Rediff.com23 Jan 2025

The project is critical as the region expects huge investments in the automotive, renewable energy, and space sectors.

'The formulations business been a growth driver'

'The formulations business been a growth driver'

Rediff.com24 Feb 2024

'However, we have seen weakness in our active pharmaceutical ingredients business.'

Indian tech sector revenues to grow 5% in FY25, cross $300 bn in FY26: Nasscom

Indian tech sector revenues to grow 5% in FY25, cross $300 bn in FY26: Nasscom

Rediff.com24 Feb 2025

Indian tech sector's revenues are set to grow 5.1 per cent to $282.6 billion in FY25, and likely to climb up further to $300 billion in FY26, lobby grouping Nasscom said on Monday. The revenue growth is on the "right trajectory", the body's president Rajesh Nambiar told reporters here, pointing out to revenue growth of 4 per cent in FY24, 5.1 per cent in FY25 and the over 6.1 per cent needed to cross its expectation of crossing $300 billion in FY26.

5 Workplace Changes You Will See in 2025

5 Workplace Changes You Will See in 2025

Rediff.com2 Jan 2025

Workplaces of 2025 will be defined by a deep focus on people-first values, inclusivity, and sustainable growth, foresees Sonica Aron, founder of Marching Sheep.

Why is India Inc not speaking about investment?: Sitharaman

Why is India Inc not speaking about investment?: Sitharaman

Rediff.com28 Feb 2025

'The answer is not for me to give. The answer either way has to be heard from the industry itself. Tell us why not if you are not doing it; tell us if you are doing it -- why should this question remain unanswered?'

No off-season: Modi bats for round-the-year tourism in U'khand

No off-season: Modi bats for round-the-year tourism in U'khand

Rediff.com6 Mar 2025

Prime Minister Narendra Modi visited the Mukhwa temple in Uttarakhand, the winter abode of Goddess Ganga, and offered prayers. The visit is expected to boost winter pilgrimage and tourism in the state. Modi also flagged off a trek and bike rally and addressed a public meeting in Harshil. This comes a day after the Cabinet Committee on Economic Affairs approved two major ropeway projects to Kedarnath and Hemkund Sahib worth over Rs 6,000 crore.

Kumbh stampede to rock Parliament's Budget session

Kumbh stampede to rock Parliament's Budget session

Rediff.com30 Jan 2025

India's Parliament is set to begin its Budget session on Friday, with opposition parties poised to demand a discussion on the alleged mismanagement of the Maha Kumbh festival in Prayagraj, where 30 pilgrims died in a stampede. The opposition also accused the government of politicising parliamentary committees and pushing its agenda through its majority. The session will start with President Droupadi Murmu addressing both houses of Parliament. Finance Minister Nirmala Sitharaman will present the Union Budget on Saturday for the eighth consecutive time.

'We Expect 1 Million Start Ups By 2035'

'We Expect 1 Million Start Ups By 2035'

Rediff.com13 Mar 2025

'Binary fission will happen -- startups will lead to more startups.'

'BC network has to be commercially viable'

'BC network has to be commercially viable'

Rediff.com20 Feb 2025

'With a very stable technology with limited functionalities, a large network has spanned out.'

Trump pauses tariffs on Mexico, Canada negotiations continue

Trump pauses tariffs on Mexico, Canada negotiations continue

Rediff.com3 Feb 2025

Trump on February 1 had announced tariffs on major US trading partners Canada, Mexico and China. He imposed a 25 per cent tariff on Canadian and Mexican imports and a 10 per cent on goods from China.

This Mum Helps Women Return To Work

This Mum Helps Women Return To Work

Rediff.com3 Jan 2025

In two years, the start-up Overqualified Housewives has helped over 6,000 women across India find flexible-job roles across India from salaries ranging between Rs 8,000 to Rs 80,000, making them financially independent.

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Rediff.com3 Feb 2025

The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.

Survey outlines how India will benefit from AI

Survey outlines how India will benefit from AI

Rediff.com31 Jan 2025

India's demographic advantage and diverse economic landscape position it uniquely to benefit from AI, the Economic Survey for 2024-25 tabled in the Parliament on Friday afternoon asserted. However, achieving these benefits requires significant investments in education and workforce skilling, supported by enabling, insuring, and stewarding institutions, the state of the economy report tabled by Finance Minister Nirmala Sitharaman said.

'Goal is to become an AI-powered organisation'

'Goal is to become an AI-powered organisation'

Rediff.com31 Jan 2025

'Our vision is to become a GenAI managed services provider.'

RIL, L&T, and JSW line up new energy projects for 2025

RIL, L&T, and JSW line up new energy projects for 2025

Rediff.com20 Jan 2025

Some of India's largest conglomerates are gearing up to either commission or commercially start the first phase of their new energy projects this year, according to company executives and analysts.

Why Trump Wants All Wars To End

Why Trump Wants All Wars To End

Rediff.com13 Mar 2025

The US involvement in Ukraine and the Middle East is a distraction which has to end quickly so that the main business of China can be focussed on. China is America's only peer competitor, not Russia and not anybody else. Therefore it makes little sense to be diverted from the overall mission, explains Aakar Patel.

'Pakistan Seen As A State Devoid Of Hope'

'Pakistan Seen As A State Devoid Of Hope'

Rediff.com28 Mar 2025

'No military offensive by Pakistan will end the insurgency in Balochistan without simultaneous, concerted efforts toward political dialogue to de-escalate tensions.'

Startups To Altman: Make OpenAI Affordable

Startups To Altman: Make OpenAI Affordable

Rediff.com6 Feb 2025

'There is need for India-specific pricing.' 'Google, Microsoft and others also have different pricing.' 'It is important for OpenAI to think on these lines as the global pricing may not work in the Indian context.'

'Should end fourth quarter on a robust note'

'Should end fourth quarter on a robust note'

Rediff.com2 Feb 2025

'We have opened 100 branches in the last one and a half years. Our manpower is also in place.'

Empuraan Review: Return Of The King

Empuraan Review: Return Of The King

Rediff.com27 Mar 2025

L2: Empuraan is an ambitious sequel that is bigger, bolder and timid in equal measure, observes Arjun Menon.

OpenAI Plans for India Data Center

OpenAI Plans for India Data Center

Rediff.com21 Feb 2025

'It may take some time for them to get down to the details, such as the location and capacity.'

'Smuggler' Kannada actress earned Rs 12 lakh for each Dubai trip

'Smuggler' Kannada actress earned Rs 12 lakh for each Dubai trip

Rediff.com6 Mar 2025

Kannada actress Ranya Rao's frequent trips to Dubai have come under intense scrutiny following her arrest for allegedly smuggling gold into India.

The North-South Battle Gets Ugly

The North-South Battle Gets Ugly

Rediff.com20 Mar 2025

With its age-old fascination for education, southern states have done better than the North. Start-ups, IT hubs, and industry majors setting up shop have changed the face of the South. Nearly 79% of global offices set up by international conglomerates in India are in the South. Almost 46% of tech unicorns are from the South. The GDP per person in the South is 4.2 times higher than the North. None of these indicators can be ignored by any central government, whatever the political compulsions, notes Ramesh Menon.

Sambhal predates Islam, Vishnu temple destroyed in 1526: Yogi

Sambhal predates Islam, Vishnu temple destroyed in 1526: Yogi

Rediff.com12 Mar 2025

Uttar Pradesh Chief Minister Yogi Adityanath has said that forcibly seizing someone's faith and trampling over their beliefs is "unacceptable," especially "when we know the truth about Sambhal" which predates Islam, with the Vishnu temple there being destroyed in 1526. He said that Sambhal has been mentioned in scriptures that are 5,000 years old, which contain references to Lord Vishnu's future incarnation. He also mentioned that a temple of Lord Vishnu in Sambhal was demolished in 1526, and two years later, in 1528, the Ram temple in Ayodhya was destroyed, both acts carried out by the same person.

Why Subianto Is The R-Day Chief Guest

Why Subianto Is The R-Day Chief Guest

Rediff.com14 Jan 2025

India is trying hard to erase Indonesia's wariness about New Delhi, building security cooperation in the Indian Ocean and Pacific Ocean. If Indonesia decides to buy the Brahmos missile, it would further strengthen relations between the world's most populous nation and the most populous Islamic country.

How China retaliated against Trump's tariffs

How China retaliated against Trump's tariffs

Rediff.com4 Mar 2025

China on Tuesday retaliated US President Donald Trump's imposition of 2nd round of ten per cent tariffs on its export by slapping an additional 15 per cent tariffs on American goods and initiated legal action against Washington in WTO while leaving the door open for talks to address each other's concerns.

'Social engineering and deepfakes are only going to increase'

'Social engineering and deepfakes are only going to increase'

Rediff.com30 Jan 2025

'The use of AI, especially genAI is only going to get worse, especially in an enterprise ecosystem.'

Elon Musk Takes Centrestage At Trump's Cabinet Meet

Elon Musk Takes Centrestage At Trump's Cabinet Meet

Rediff.com27 Feb 2025

Donald Trump held his first cabinet meeting of his second term, featuring a controversial appearance by Elon Musk, who stood wearing a "tech support" T-shirt.

5 Must Watch Titles From This Supergirl of Bollywood!

5 Must Watch Titles From This Supergirl of Bollywood!

Rediff.com27 Feb 2025

Sukanya Verma captures everything Reema Kagti has created so far and where you can watch it.

Govt announces new Fund of Funds scheme with Rs 10k cr corpus for startups

Govt announces new Fund of Funds scheme with Rs 10k cr corpus for startups

Rediff.com1 Feb 2025

The government on Saturday announced a host of measures such as setting up of a new Fund of Funds Scheme (FFS) with Rs 10,000 crore corpus; and extension of period of incorporation by five years with a view to promote growth of budding entrepreneurs.

USAID Funding To India Declines Amid Trump's Freeze

USAID Funding To India Declines Amid Trump's Freeze

Rediff.com13 Feb 2025

'If the Bill and Melinda Gates Foundation cuts funds, there could be more impact.'

Infosys countersues Cognizant, its CEO in battle over misuse of information

Infosys countersues Cognizant, its CEO in battle over misuse of information

Rediff.com11 Jan 2025

Information Technology (IT) major Infosys escalated the legal tussle with Cognizant by filing a countersuit in a US court, accusing the Nasdaq-listed firm and its Chief Executive Officer (CEO) Ravi Kumar of anticompetitive practices by maintaining its monopoly. Infosys has also alleged that Kumar misused sensitive information that slowed the launch of the company's health care platform Helix.

Gold loan business is shining as regulatory scrutiny of sector grows

Gold loan business is shining as regulatory scrutiny of sector grows

Rediff.com27 May 2024

In mid-March this year, the finance ministry asked state-run banks to review their gold loan portfolio for the two-year period between January 1, 2022, and January 31, 2024. This business had grown at a fast clip. Reserve Bank of India (RBI) data has it that it grew 15 per cent to Rs 1 trillion in FY24. Now, in recent times, any kind of exuberance in financial services has seen the authorities swoop down - be it pushing the lines on governance or unsecured credit.

Investors' kitty swells by nearly Rs 8 lakh crore

Investors' kitty swells by nearly Rs 8 lakh crore

Rediff.com5 Mar 2025

Investors became richer by nearly Rs 8 lakh crore on Wednesday as benchmark BSE Sensex surged by 740 points amid value buying in utilities and power shares and a strong trend in global markets. The 30-share BSE Sensex surged by 740.30 points or 1.01 per cent to close at 73,730.23.

Raymond Realty may get listed in Q2FY26: CEO

Raymond Realty may get listed in Q2FY26: CEO

Rediff.com9 Dec 2024

Raymond Limited's real estate arm, Raymond Realty, plans to get listed during the second quarter of the next financial year (Q2FY26), according to Harmohan Sahni, chief executive officer (CEO), Raymond Realty. "We are expecting the order by June-July 2025 as far as the National Company Law Tribunal (NCLT) is concerned.