News for 'Business India'

How Tata Steel Tackled Challenges Under Chandra

How Tata Steel Tackled Challenges Under Chandra

Rediff.com13 Aug 2026

Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.

Abu Dhabi Targets Indian Tourists

Abu Dhabi Targets Indian Tourists

Rediff.com28 Aug 2026

'India was the emirate's largest international source market by hotel guest volume.'

HDFC Bank: 'When You Have Cracks In 3 Places At Once...'

HDFC Bank: 'When You Have Cracks In 3 Places At Once...'

Rediff.com7 Sep 2026

'The sales pressure on the ground, a board and CEO not fully aligned, and a senior team that isn't pulling together -- that's when these things surface.'

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Rediff.com11 Aug 2026

Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.

'West Bengal Doesn't Need To Experiment With The Bulldozer'

'West Bengal Doesn't Need To Experiment With The Bulldozer'

Rediff.com8 Sep 2026

'We have a very demanding electorate which expects us to do something. So we will have to do something which is a bit out of the ordinary while at the same time keeping in mind the risk factors.'

Private Defence Firms Get DRDO Missile Tech Boost

Private Defence Firms Get DRDO Missile Tech Boost

Rediff.com27 Aug 2026

The move is meant to enhance the operational capability of the armed forces, reduce import dependence and increase domestic value addition.

Can India Become New Power Centre Of Global Chess?

Can India Become New Power Centre Of Global Chess?

Rediff.com1 Aug 2026

'India should hold several high-level chess tournaments that would attract the world's top players so that the country will have a say in the game.'

How AI Is Set To Revolutionise India's Power Generation By 2030

How AI Is Set To Revolutionise India's Power Generation By 2030

Rediff.com6 Aug 2026

A new study by The Energy & Climate Initiative Society (ENCIS) predicts that AI adoption in India's power generation sector will surge from 35% to 65% by 2030, becoming a core operational capability. The study highlights that nearly seven out of ten professionals see power generation as offering the best opportunity for efficiency gains through AI, driven by India's expanding digital infrastructure and significant investments from energy giants. Predictive asset management and proactive maintenance are identified as key areas for AI application, with efficiency being the primary driver for AI investments.

'If The Economy Is Growing At 6.5-7%, Why Don't Wages Increase?'

'If The Economy Is Growing At 6.5-7%, Why Don't Wages Increase?'

Rediff.com4 Sep 2026

'Wages have not risen. Rural wages have stagnated. The growth was 0.7 per cent last year. For casual and irregular labour, the wage growth is negative.'

Why Is I-T Department Investigating 394 Entities, 36 Individuals?

Why Is I-T Department Investigating 394 Entities, 36 Individuals?

Rediff.com19 Aug 2026

The income-tax department has launched a significant verification drive targeting 394 entities and 36 professionals over suspected irregularities in substantial foreign remittances made over the past three years, aiming to uncover potential tax evasion and fraudulent transactions.

HDFC Bank CEO Sashidhar Jagdishan to retire amid governance concerns

HDFC Bank CEO Sashidhar Jagdishan to retire amid governance concerns

Rediff.com29 Aug 2026

Sashidhar Jagdishan, the managing director and chief executive of HDFC Bank, has opted out of being considered for reappointment after his current term ends on October 26, choosing to retire after nearly three decades with the lender.

Six Companies Set to Launch IPOs, Targetting Rs 5,600 Crore Next Week

Six Companies Set to Launch IPOs, Targetting Rs 5,600 Crore Next Week

Rediff.com16 Aug 2026

Six companies, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart, are poised to collectively raise nearly Rs 5,600 crore through initial public offerings (IPOs) in the upcoming week, adding to the bustling primary market activity.

'People Were Crying That Their Builder Screwed Them'

'People Were Crying That Their Builder Screwed Them'

Rediff.com10 Sep 2026

'I met with people who had their flats redeveloped. I saw this was a real human struggle.' 'People get caught in the middle between their dreams, wishes and their community.'

Why Southern States Want Families To Have More Kids

Why Southern States Want Families To Have More Kids

Rediff.com1 Sep 2026

Southern chief ministers fear population stabilisation could reduce their parliamentary representation and tax devolution benefits.

Can India's New Mobile Scheme Beat China?

Can India's New Mobile Scheme Beat China?

Rediff.com30 Jul 2026

Apple Inc, which had planned to shift only 10 per cent of its global production base from China to India with respect to iPhones at the end of FY26, is currently churning out one out of every four iPhones in the world from India.

Nepal tragedy: Death toll hits 1,252 as fresh flood risks loom

Nepal tragedy: Death toll hits 1,252 as fresh flood risks loom

Rediff.com3 Sep 2026

The death toll from devastating flash floods in Nepal has surged to 1,252, with more bodies recovered and fresh flood risks emerging due to continuous rainfall in the Bhotekoshi River's upstream areas. The disaster, triggered by an ice-rock avalanche, has also left 4,875 people missing and prompted calls to address climate change's impact on the Himalayan region.

Longer life for clean-fuel vehicles may improve ownership costs

Longer life for clean-fuel vehicles may improve ownership costs

Rediff.com4 Sep 2026

The Indian government's proposal to extend the operating life of certain battery-electric, CNG, and hydrogen vehicles under national permits by five years could significantly improve their total cost of ownership (TCO) and residual values, according to industry experts.

JioHotstar launches in UK, Canada, and Singapore with vast content library

JioHotstar launches in UK, Canada, and Singapore with vast content library

Rediff.com2 Sep 2026

JioHotstar has officially launched its streaming services in the UK, Canada, and Singapore, offering over 160,000 hours of Indian entertainment in more than 12 languages, targeting both the South Asian diaspora and a wider global audience.

Opposition slams Centre, Delhi govt over fatal hostel collapse

Opposition slams Centre, Delhi govt over fatal hostel collapse

Rediff.com6 Sep 2026

A five-storey boys' hostel in Satya Niketan, Delhi, collapsed, killing three students and trapping others, leading to widespread condemnation from opposition parties. Leaders from Congress and AAP criticised both the central and Delhi governments, highlighting inadequate hostel facilities and demanding accountability for student safety.

Government Bats On Front Foot For Defence Exports

Government Bats On Front Foot For Defence Exports

Rediff.com31 Aug 2026

The reforms, undertaken by the Department of Defence Production, remove stakeholder consultation for exports of non-lethal defence items to most destinations, while retaining safeguards for sensitive countries.

The Outsider Who Went On To Helm Tata Sons

The Outsider Who Went On To Helm Tata Sons

Rediff.com12 Aug 2026

Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.

'Growth Is For 3%-4%. 96% Are Suffering'

'Growth Is For 3%-4%. 96% Are Suffering'

Rediff.com8 Sep 2026

'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'

'Growth Is For 3%-4%. 96% Are Suffering'

'Growth Is For 3%-4%. 96% Are Suffering'

Rediff.com8 Sep 2026

'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'

FBI issues 'wanted' notice for Indian national

FBI issues 'wanted' notice for Indian national

Rediff.com19 Aug 2026

The Federal Bureau of Investigation (FBI) has issued a 'Wanted' notice for Indian national Major Singh, alleging his involvement in a transnational criminal organisation engaged in racketeering and unlicensed firearms dealing, linked to the 'Jaggu Bhagwanpuria Organised Crime Group' which originated in Punjab, India.

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

Rediff.com27 Aug 2026

Indian banks and non-banking financial companies (NBFCs) are undertaking a comprehensive review and reset of their engagement terms with fintech firms, driven by the Reserve Bank of India's (RBI) draft Guidance on Regulatory Expectations for Data Governance and the stringent compliance requirements of the Digital Personal Data Protection (DPDP) Act, 2023, and its 2025 Rules.

HDFC Bank's Next CEO Faces Big Test

HDFC Bank's Next CEO Faces Big Test

Rediff.com1 Sep 2026

'The changes in its leadership team will help address the scepticism that has engulfed the bank over the recent period.'

Prosenjit Chatterjee: The Uttam Kumar I Knew

Prosenjit Chatterjee: The Uttam Kumar I Knew

Rediff.com3 Sep 2026

On Uttam Kumar's birth centenary, actor Prosenjit Chatterjee shares intimate memories of the Bengali matinee idol, recounting how 'Uttam-jethu' not only launched his career but also profoundly influenced his father, Biswajit Chatterjee, and remained a guiding force for their family.

ISRO Bets Big on Space Startups

ISRO Bets Big on Space Startups

Rediff.com24 Aug 2026

'ISRO will not manufacture any launch vehicles. That will all be done by the private sector or public sector undertakings.'

Nepal Disaster Sparks Crisis In Bihar

Nepal Disaster Sparks Crisis In Bihar

Rediff.com28 Aug 2026

Nepal's devastating flash floods have created a worrisome flood situation in Bihar.

Assam: Protests Erupt Over NH-27 Accident Deaths

Assam: Protests Erupt Over NH-27 Accident Deaths

Rediff.com3 Sep 2026

'This accident was waiting to happen. It could have been averted if the authorities had acted in time.'

N-plants save blushes for India's Q1 investment outlay

N-plants save blushes for India's Q1 investment outlay

Rediff.com10 Aug 2026

India's fresh investment plans in Q1FY27 surged 71 per cent to 14.77 trillion, primarily driven by four large nuclear power projects worth 6.5 trillion, according to investment monitoring firm Projects Today. Excluding these nuclear projects, fresh investment plans actually declined 4.27 per cent quarter-on-quarter.

How AI And A Smartphone Could Change Cricket Coaching

How AI And A Smartphone Could Change Cricket Coaching

Rediff.com4 Sep 2026

Can AI transform grassroots 'If technology can help develop players a little quicker and make coaching more informed, then it has done its job.'

Why have Promoters Borrowed Rs 7 Trillion?

Why have Promoters Borrowed Rs 7 Trillion?

Rediff.com29 Aug 2026

The absolute amount of money raised is more than three times the 2 trillion seen before the pandemic (June 2019).

Active MFs reduce bets to multi-year low

Active MFs reduce bets to multi-year low

Rediff.com31 Aug 2026

HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.

P&G Appoints India-Born Shailesh Jejurikar As Chairman

P&G Appoints India-Born Shailesh Jejurikar As Chairman

Rediff.com29 Jul 2026

Procter & Gamble has announced the appointment of its India-born President and CEO, Shailesh Jejurikar, as the Chairman, effective August 1, 2026. He will succeed Jon Moeller, who is set to retire. Jejurikar, an IIM Lucknow alumnus, has been with P&G since 1989 and has held various senior leadership roles.

Former India spinner Rajesh Chauhan booked in transport contract fraud case

Former India spinner Rajesh Chauhan booked in transport contract fraud case

Rediff.com25 Jul 2026

Former India cricketer Rajesh Chauhan has been booked for allegedly cheating a man of over Rs 15 lakh by promising a transport contract with a steel company, a case registered on court orders under Section 316(2) of the Bharatiya Nyay Sanhita.

Google's Vizag AI Hub: Construction by '28, Full Ops in 5 Years

Google's Vizag AI Hub: Construction by '28, Full Ops in 5 Years

Rediff.com28 Aug 2026

Google aims to complete the first phase of its 1 gigawatt artificial intelligence (AI) data centre hub in Visakhapatnam by late 2028, with full operations across all phases expected within five years, according to Alexander Smith, Principal of Global Infrastructure and Energy for Asia Pacific at Google.

Services sector sees growth slowdown to 4.5 year low in July

Services sector sees growth slowdown to 4.5 year low in July

Rediff.com5 Aug 2026

India's services sector experienced its weakest growth in four-and-a-half years in July, as new business orders, both domestic and export, eased due to intense competition and declining demand. Despite a modest rebound in job creation and improved profit margins, overall business confidence slipped, reflecting a broader slowdown in the economy.

Patidar, Sooryavanshi set for Duleep Trophy semifinal showdown

Patidar, Sooryavanshi set for Duleep Trophy semifinal showdown

Rediff.com29 Aug 2026

The Duleep Trophy reaches its semifinal stage with defending champions Central Zone and last year's runners-up South Zone receiving direct entry. They will face East Zone and North Zone, respectively, who advanced after winning their quarterfinal matches. The upcoming clashes promise intense competition as teams battle for a spot in the final.

TCS inks 1.25 billion Porsche deal, acquires German auto giant's IT unit MHP

TCS inks 1.25 billion Porsche deal, acquires German auto giant's IT unit MHP

Rediff.com25 Aug 2026

Tata Consultancy Services (TCS) has announced a five-year strategic deal with German automaker Porsche AG worth 1.25 billion (nearly 14,000 crore), which includes the acquisition of Porsche's wholly-owned subsidiary MHP Management- und IT-Beratung GmbH for 320 million (around 3,574 crore). This move is set to significantly expand TCS's consulting footprint in Germany and the broader European market, giving it access to MHP's customer base and specialised talent.