News for 'Business India'

India's Semiconductor Sector Attracts $1.4 Billion in Equity Funding

India's Semiconductor Sector Attracts $1.4 Billion in Equity Funding

Rediff.com13 Sep 2026

India's semiconductor sector has garnered USD 1.4 billion in total equity funding across 281 companies, with a substantial USD 701 million raised since 2025 alone, according to Tracxn data.

Meet American Singer Mary Millben, Modi Supporter

Meet American Singer Mary Millben, Modi Supporter

Rediff.com15 Oct 2026

American singer Mary Millben has become a prominent figure in Indian political discourse due to her outspoken support for Prime Minister Narendra Modi, using social media to defend him against critics and appeal to young Indians, despite her musical career being less known in the country.

Supreme Court asks Centre: Why not cap margins on all medicines?

Supreme Court asks Centre: Why not cap margins on all medicines?

Rediff.com13 Oct 2026

The Supreme Court has questioned the Centre's decision to cap trade margins on anti-cancer drugs at 30 per cent, asking why similar restrictions could not be extended to other medicines and medical consumables, citing glaring disparities between procurement costs and maximum retail prices (MRPs).

Nandan Nilekani calls for population-scale tokenisation infrastructure in India

Nandan Nilekani calls for population-scale tokenisation infrastructure in India

Rediff.com11 Sep 2026

Infosys Chairman Nandan Nilekani stressed the need for India to develop population-scale tokenisation infrastructure capable of handling billions of transactions, rather than merely focusing on issuing tokens. He highlighted the importance of interoperability, liquidity, and high volumes for tokenisation to expand across various asset classes and use cases.

UPI MDR on transactions over Rs 2,000 deferred until after Diwali

UPI MDR on transactions over Rs 2,000 deferred until after Diwali

Rediff.com13 Oct 2026

The National Payments Corporation of India (NPCI) has deferred the implementation of a 0.4 per cent Merchant Discount Rate (MDR) on Person-to-Merchant (P2M) UPI payments above Rs 2,000, originally set for October 15, until after Diwali.

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.

Akash Ambani: 'IPO Is Just The Start Of Jio's Journey'

Akash Ambani: 'IPO Is Just The Start Of Jio's Journey'

Rediff.com16 Oct 2026

'Reliance has had a very, very strong history of shareholder value and growth, and that's what we need to focus on the further journey from the IPO.'

Workday CEO Warns AI Will Overtake Low-Cost, Outsourced Jobs

Workday CEO Warns AI Will Overtake Low-Cost, Outsourced Jobs

Rediff.com15 Oct 2026

Workday, a global HR tech major, has unveiled its new AI platform, Sana, designed to automate human resources and finance functions. Chairman and CEO Aneel Bhusri stated that AI is likely to replace low-cost, outsourced jobs due to increased productivity, rather than leading to jobs moving out of first-world countries. The platform uses AI agents for tasks like payroll and compliance, and Workday has acquired C1.ai to manage access rights for these agents. Bhusri emphasised that AI should augment humans, redefining roles rather than replacing them entirely.

NPCI Defers UPI MDR On Transactions Over Rs 2,000

NPCI Defers UPI MDR On Transactions Over Rs 2,000

Rediff.com13 Oct 2026

The National Payments Corporation of India (NPCI) has deferred the implementation of a 0.4 per cent Merchant Discount Rate (MDR) on Person-to-Merchant UPI transactions above Rs 2,000. Originally set for October 15, the new date will be announced after Diwali, providing relief to users and merchants, especially during the festive season. The decision came amidst opposition concerns about the levy burdening consumers.

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.

Will Budget see axing of LTCG tax? Sitharaman says...

Will Budget see axing of LTCG tax? Sitharaman says...

Rediff.com13 Oct 2026

Finance Minister Nirmala Sitharaman stated that the Reserve Bank of India (RBI) will persist in its efforts to prevent excessive volatility in the rupee, which has significantly depreciated against the US dollar due to global uncertainties, despite India's strong macro-economic fundamentals.

Salesforce Sees India Leading Global Agentic AI Innovation

Salesforce Sees India Leading Global Agentic AI Innovation

Rediff.com20 Sep 2026

Salesforce executives, including South Asia CEO Arundhati Bhattacharya, predict a significant shift in India towards wider enterprise AI adoption, moving from experimentation to production deployments. The company plans to invest in physical infrastructure and talent upskilling in India. Salesforce's vision for the "agentic enterprise" involves a four-layer architecture, emphasising the need for robust security and governance for autonomous agents. Executives also highlighted the evolving nature of jobs, with AI handling repetitive tasks and creating new specialised roles, positioning India as a potential leader in agentic innovation by 2030.

India vs Japan One-Off T20I: More Than Just a Match for Cricket in Japan

India vs Japan One-Off T20I: More Than Just a Match for Cricket in Japan

Rediff.com21 Sep 2026

Cricket giants India are set to play a historic one-off T20 International against Japan in Sano, a match seen as a pivotal moment for the sport's growth in the baseball-dominated country, coinciding with celebrations of 75 years of India-Japan diplomatic relations.

India's 501-strong squad eyes a new Asian Games high

India's 501-strong squad eyes a new Asian Games high

Rediff.com18 Sep 2026

India's large contingent of 501 athletes is set to compete at the 20th Asian Games in Nagoya, Japan, aiming to showcase the nation's growing sporting depth and its ambition to become a global top-10 sporting power by 2036. Despite initial accommodation challenges, the focus is on building on the momentum from the record 2022 Hangzhou Games, with strong medal hopes in shooting, athletics, cricket, badminton, and hockey.

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.

World Bank: AI Offers Historic Opportunity For Developing Countries

World Bank: AI Offers Historic Opportunity For Developing Countries

Rediff.com8 Oct 2026

A World Bank report, 'The Promise of Artificial Intelligence', states that AI presents a historic opportunity for low- and middle-income countries to overcome development challenges, despite many being unprepared. It advises these nations to adopt and adapt existing AI tools rather than focusing on building frontier models immediately. The report also notes a significant gap in AI adoption and job automation between high-income and developing countries.

Why was Tiger Shroff targeted? Salman Khan link emerges in audio clip

Why was Tiger Shroff targeted? Salman Khan link emerges in audio clip

Rediff.com19 Oct 2026

Three individuals were arrested in Kota for allegedly firing at actor Tiger Shroff's car in Mumbai. The incident, which injured Shroff's driver and a bystander, is being investigated for links to the Lawrence Bishnoi gang, which purportedly claimed responsibility due to Shroff's alleged association with Salman Khan. Maharashtra CM Devendra Fadnavis confirmed the arrests and vowed strict action.

Ooh La La, Janhvi!

Ooh La La, Janhvi!

Rediff.com5 Oct 2026

Janhvi Kapoor had quite the fashionable weekend in Paris, serving not one but two very different looks during her time in the French capital.

Rose Foresees More Golfers Eyeing DP World Tour For Ryder Cup

Rose Foresees More Golfers Eyeing DP World Tour For Ryder Cup

Rediff.com13 Oct 2026

Former world number one Justin Rose believes more golfers are considering leaving LIV Golf to play on the DP World Tour, aiming for eligibility in next year's Ryder Cup. He also shared his evolving career goals, prioritising creating lasting memories over solely winning Major championships, and expressed his excitement about returning to India for the DP World India Championship after 22 years. Rose highlighted India's growing importance in global golf.

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.

Tata's Unlisted Companies Burn Rs 31,823 Crore

Tata's Unlisted Companies Burn Rs 31,823 Crore

Rediff.com28 Sep 2026

Seven of them posted losses, led by Air India, with their combined net loss widening to Rs 31,823 crore in FY26 from Rs 17,553 crore a year earlier and Rs 1,555 crore in FY20.

Marc Benioff Highlights India's Role In Salesforce's AI Transformation

Marc Benioff Highlights India's Role In Salesforce's AI Transformation

Rediff.com16 Sep 2026

Salesforce CEO Marc Benioff has identified a significant opportunity for India as the company transitions its enterprise systems to an AI-first model. He emphasised India's crucial role, leveraging its extensive pool of technology professionals and partners, in this global technological transformation, which he likened to a "Y2K moment" for engineering.

Kolkata lottery firm donates Rs 260 cr to DMK, AIADMK in 2025-26

Kolkata lottery firm donates Rs 260 cr to DMK, AIADMK in 2025-26

Rediff.com17 Oct 2026

A Kolkata-based lottery firm, Tiger Associates, donated Rs 260 crore to Tamil Nadu's DMK and AIADMK in 2025-26, significantly increasing its contributions from the previous financial year. The firm accounted for nearly 74% of the combined contributions reported by the two parties, highlighting a concentration of political funding. The disclosures also revealed contributions from electoral trusts and a link between Tiger Associates' partner and lottery magnate Santiago Martin, whose other firm was a major electoral bond purchaser.

Dipke, Neha among 150 detained; flash protests continue in Delhi

Dipke, Neha among 150 detained; flash protests continue in Delhi

Rediff.com17 Oct 2026

Cockroach Janta Party (CJP) leader Abhijeet Dipke and AISA chief Neha Bora were preventively detained by Delhi Police on Friday, preventing their participation in the 'Lehra Do Tiranga' protests amidst heightened security in the national capital.

Infosys CEO Predicts AI Will Drive Half Of Company's Work

Infosys CEO Predicts AI Will Drive Half Of Company's Work

Rediff.com13 Oct 2026

Infosys CEO Salil Parekh stated on Tuesday that the company's AI services, currently contributing over 8% of revenue, are growing rapidly and could account for almost half of its work within two to three years. He highlighted the strong demand for AI services, the company's hiring and training efforts for graduates in AI, and discussed potential risks like infrastructure challenges and societal backlash.

Rahul issues first remark in CJP's support, Dipke thanks him

Rahul issues first remark in CJP's support, Dipke thanks him

Rediff.com15 Oct 2026

Opposition leaders, including Rahul Gandhi and members of the INDIA bloc, have strongly condemned the arrest and jailing of Cockroach Janta Party (CJP) co-conveners Saurav Das and Ashutosh Ranka for protesting at Jantar Mantar, asserting that waving the national flag and peaceful protest are not crimes.

InsuranceDekho-RenewBuy merger to deepen India reach, eyes IPO

InsuranceDekho-RenewBuy merger to deepen India reach, eyes IPO

Rediff.com5 Sep 2026

The merged InsuranceDekho-RenewBuy entity aims to significantly expand its distribution network across India, offering insurance, mutual funds, and loans, with a strong focus on 'Bharat' (rural India), according to CEO Ankit Agarwal.

Hasina slams Bangladesh PM for skipping BRICS meet

Hasina slams Bangladesh PM for skipping BRICS meet

Rediff.com14 Oct 2026

Former Bangladesh Prime Minister Sheikh Hasina has strongly criticised Prime Minister Tarique Rahman's decision to skip the BRICS summit in India, calling it "immature" and detrimental to Bangladesh's national interest. She argued that the absence lost opportunities for economic development and that foreign policy should not be driven by personal considerations. Hasina also highlighted the current "grave national crisis" in Bangladesh and her intention to return to restore democracy.

Mamata Banerjee, Kejriwal, Neha Bora detained during CJP protest

Mamata Banerjee, Kejriwal, Neha Bora detained during CJP protest

Rediff.com10 Oct 2026

Trinamool Congress chief Mamata Banerjee, AAP national convenor Arvind Kejriwal, and several other opposition leaders were detained by Delhi Police during protests against Chief Election Commissioner Gyanesh Kumar and the Special Intensive Revision (SIR) of electoral rolls.

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.

'Will Modi shut 100 places?' CJP founder Dipke hits out over park closure

'Will Modi shut 100 places?' CJP founder Dipke hits out over park closure

Rediff.com16 Oct 2026

The Cockroach Janta Party (CJP) founder Abhijeet Dipke called for a 'Lehra do Tiranga' march in Central Park, Connaught Place, on Friday, despite the NDMC announcing the park's closure and Delhi Police citing prohibitory orders against mass gatherings. The march is part of an ongoing protest against Chief Election Commissioner Gyanesh Kumar over alleged irregularities in electoral rolls. Police have urged people to stay away, while Dipke questioned the authorities' stance on waving the national flag and alleged surveillance. The agitation follows the arrest of CJP leaders and the denotification of Jantar Mantar as a protest site.

Ramlila Maidan: Delhi's costly protest venue with limited dates

Ramlila Maidan: Delhi's costly protest venue with limited dates

Rediff.com13 Oct 2026

Ramlila Maidan, recently designated as one of Delhi's new protest sites, is proving to be a costly and difficult option for demonstrators. With no free dates for the next two and a half months and booking fees exceeding Rs 1 lakh, it contrasts sharply with the previously free Jantar Mantar. The ground, rich in political history, also poses logistical challenges due to its busy commercial location and impact on traffic.

Tiger Shroff firing: 3 suspects caught on train in 15-minute Kota op

Tiger Shroff firing: 3 suspects caught on train in 15-minute Kota op

Rediff.com7 days ago

Three suspects have been detained in Kota, Rajasthan, in connection with the recent firing incident targeting actor Tiger Shroff's car in Mumbai, as police investigate the alleged involvement of the notorious Lawrence Bishnoi gang.

'Suspension Of PERM May Not Immediately Affect Indian IT Companies'

'Suspension Of PERM May Not Immediately Affect Indian IT Companies'

Rediff.com13 Oct 2026

'...but could demotivate employees seeking US residency.'

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.

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.

HDFC Bank, Axis, Kotak Mahindra See Robust Deposit Growth in Q2

HDFC Bank, Axis, Kotak Mahindra See Robust Deposit Growth in Q2

Rediff.com13 Oct 2026

India's leading private-sector banks, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, reported robust deposit growth in the July-September quarter (Q2FY27), significantly aided by the Reserve Bank of India's concessional FCNR(B) swap window.

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.

How India's Real-Time Payments Can Create Global Fintech Giants

How India's Real-Time Payments Can Create Global Fintech Giants

Rediff.com9 Sep 2026

Razorpay CEO Harshil Mathur highlights India's leadership in real-time payments, stating it can foster numerous billion-dollar fintech companies capable of expanding globally. He draws parallels with the US internet boom and discusses how India's unique regulatory and private sector collaboration, exemplified by UPI, can be replicated in other emerging markets. Mathur also touches upon the opportunities and risks associated with leveraging AI in business.

'Don't Push Me For Non-Veg... Veg Market Is Too Huge'

'Don't Push Me For Non-Veg... Veg Market Is Too Huge'

Rediff.com6 Oct 2026

How India's Jumbo King Is Taking On McDonalds And Burger King Without Selling Chicken Burgers.