News for 'Business India'

'You Can't Over-Rule A Supreme Court Judgment By Making A Law'

'You Can't Over-Rule A Supreme Court Judgment By Making A Law'

Rediff.com25 Aug 2026

'This government is in the very bad habit of doing so again and again. It has done so many times.'

The Big Boom In Gold Loans

The Big Boom In Gold Loans

Rediff.com22 Aug 2026

Gold loans accounted for 41 per cent of retail loan disbursements in FY26, up sharply from 18 per cent in FY23 and 20 per cent in FY24.

Hyundai Motor India reports 35% decline in Q1 PAT, cites 'challenging quarter'

Hyundai Motor India reports 35% decline in Q1 PAT, cites 'challenging quarter'

Rediff.com31 Jul 2026

Hyundai Motor India Ltd reported a 35 per cent decline in consolidated profit after tax to Rs 888.62 crore in the first quarter ended June 30, impacted by lower revenue and higher expenses, with MD & CEO Tarun Garg noting it was a "challenging quarter".

How Cashfree Payments Achieved Significant Loss Reduction And Revenue Growth In FY26

How Cashfree Payments Achieved Significant Loss Reduction And Revenue Growth In FY26

Rediff.com20 Aug 2026

Fintech company Cashfree Payments India Private Limited has significantly reduced its consolidated net losses to Rs 118.5 crore in FY26 from Rs 154 crore in FY25. The firm also saw a substantial revenue growth of over 51 per cent, reaching Rs 967.4 crore. Co-founder & CEO Akash Sinha highlighted achieving EBITDA profitability in March 2026 and outlined plans for full-year profitability in FY27, driven by growth in SMB and cross-border payments.

AI cannot substitute judicial conscience: CJI Surya Kant

AI cannot substitute judicial conscience: CJI Surya Kant

Rediff.com27 Aug 2026

Chief Justice of India Surya Kant stated that while artificial intelligence (AI) can augment judicial reasoning, it cannot substitute judicial conscience, and a permanent apex body is proposed to supervise AI adoption and accountability within the judiciary.

Ekta Kapoor:'You Can't Make A Business Out Of Doomscrolling'

Ekta Kapoor:'You Can't Make A Business Out Of Doomscrolling'

Rediff.com20 Jun 2026

'Of our population of 1.4 billion, 80 per cent are into doomscrolling.'

When Ratan Tata Saved My Dog

When Ratan Tata Saved My Dog

Rediff.com4 Sep 2026

The Small Animal Hospital, which provides world-class treatment to pets and strays alike, continues Ratan Tata's legacy.

'Ethanol Blending Has Not Led to Sugar's Price Rise'

'Ethanol Blending Has Not Led to Sugar's Price Rise'

Rediff.com1 Sep 2026

'The ethanol blended with petrol programme should not be halted or reconsidered.' 'India is not experiencing a structural sugar shortage, and the ethanol blending roadmap does not compete with food security or drive domestic price increases.'

How Shreyas Iyer Inspired India's Zimbabwe Win

How Shreyas Iyer Inspired India's Zimbabwe Win

Rediff.com27 Jul 2026

Shreyas Iyer urged his players to shed fear and forget the past: 'Be in the present. Maximise the opportunity you're getting. Tomorrow is a new day.' Simple words, but they struck deep.

I-T dept launches nationwide drive against suspicious foreign remittances

I-T dept launches nationwide drive against suspicious foreign remittances

Rediff.com18 Aug 2026

The Income Tax Department has initiated a nationwide verification drive targeting suspicious foreign remittances made by entities with minimal business activity, including those in border districts, and is scrutinising the chartered accountants who issued the mandatory tax determination certificates.

Blinkit extends lead in quick commerce, outperforming rivals beyond major cities

Blinkit extends lead in quick commerce, outperforming rivals beyond major cities

Rediff.com27 Aug 2026

A new CLSA report indicates that Eternal's Blinkit is significantly widening its lead in India's quick-commerce sector, particularly beyond major metropolitan areas, by expanding its dark store network and securing a first-mover advantage in over 180 cities.

Fashion Quick Commerce Gets Festive Boost

Fashion Quick Commerce Gets Festive Boost

Rediff.com24 Aug 2026

Qcom platforms are prioritising convenience, selection, AI-driven inventory planning and loyalty rewards over deep discounting.

Shabnam Sinha to succeed Sunil Mittal as Airtel Payments Bank Chairperson

Shabnam Sinha to succeed Sunil Mittal as Airtel Payments Bank Chairperson

Rediff.com17 Aug 2026

Shabnam Sinha is set to take over as the Chairperson of Airtel Payments Bank for a three-year term starting October 1, 2026, succeeding Sunil Mittal, who concludes his tenure as non-executive Chairman.

'Young People Feel Uncertainty Because Of The Huge Disruption In The Job Market'

'Young People Feel Uncertainty Because Of The Huge Disruption In The Job Market'

Rediff.com18 Aug 2026

'It could be in IT, it could be in administration, it could be in legal, it could be in technical services, but entry level jobs are rapidly disappearing because AI is taking them over.' 'So, the big question what would happen if the bottom rung of the ladder is removed?'

2nd Test: Abbas' four-fer puts Pakistan in command as England battle to 248-9 on Day 1

2nd Test: Abbas' four-fer puts Pakistan in command as England battle to 248-9 on Day 1

Rediff.com28 Aug 2026

Mohammad Abbas claimed four wickets as Pakistan controlled much of the opening day at Lord's, but England recovered through Cox, Smith and Atkinson to reach 248-9.

Ford India's new Coimbatore hub to drive data science, enhance global resilience

Ford India's new Coimbatore hub to drive data science, enhance global resilience

Rediff.com9 Jul 2026

Ford Business Solutions (FBS) India, the global capability centre for Ford Motor Company, has inaugurated a new office in Coimbatore, its third location in India. This expansion is a strategic move to strengthen the resilience of Ford's global operations, with nearly 50 per cent of its future growth in India expected to be in technology, data science, and data analytics.

'The Next Chairman Does Not Need To Build Tata'

'The Next Chairman Does Not Need To Build Tata'

Rediff.com14 Aug 2026

'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'

'The Core Issue Was Chandrasekaran's Tenure'

'The Core Issue Was Chandrasekaran's Tenure'

Rediff.com13 Aug 2026

'Chandrasekaran wanted a five-year extension, but the Tata Group has a policy of 65 years as the retirement age for its executive chairman.'

Modern Marriage: 'We Are Friends First, Husband-Wife Later'

Modern Marriage: 'We Are Friends First, Husband-Wife Later'

Rediff.com2 Sep 2026

Mumbai-based Raj Thakur tells us how his relationship with his wife, Mamta, blossomed from friendship to marriage and the little secrets that have kept their relationship alive for nearly three decades.

Goa nightclub fire: SC upholds HC order cancelling bail for 3 owners

Goa nightclub fire: SC upholds HC order cancelling bail for 3 owners

Rediff.com31 Aug 2026

The Supreme Court has upheld the Bombay High Court's decision to cancel the bail of Saurabh Luthra, Gaurav Luthra, and Ajay Gupta, co-owners of the Birch by Romeo Lane nightclub in Goa. This ruling comes after a devastating fire at the nightclub last December claimed 25 lives and injured over 50. The apex court has directed the trio to surrender within two weeks and mandated the lower court to expedite the trial process.

Ather Bets Big On Konarc, Supply Crunch To Continue

Ather Bets Big On Konarc, Supply Crunch To Continue

Rediff.com1 Sep 2026

With Konarc, the company has moved deeper into the mass-market e2W segment.

'If Inflation Persists, MPC May Review Policy Rates'

'If Inflation Persists, MPC May Review Policy Rates'

Rediff.com2 Sep 2026

'A balance had to be struck between the economic cost of taking action at this point against the need not to fall behind the curve in controlling inflation and anchoring inflation expectations.'

The Untold Story Behind Auqib Nabi's Historic India Test Call-Up

The Untold Story Behind Auqib Nabi's Historic India Test Call-Up

Rediff.com3 Aug 2026

Auqib Nabi, a right-arm pacer from Jammu and Kashmir, has made history by becoming the first cricketer from the region to be named in India's Test squad, earning a call-up for the tour of Sri Lanka after a remarkable domestic season.

India's Nuclear Mission Gains Major Momentum

India's Nuclear Mission Gains Major Momentum

Rediff.com23 Jul 2026

The government introduced the SHANTI Act, 2025, to support the mission and open the sector to private participation.

Vedanta targets $10 billion Ebitda by FY27, plans to cut debt by over Rs 20,000 crore

Vedanta targets $10 billion Ebitda by FY27, plans to cut debt by over Rs 20,000 crore

Rediff.com10 Aug 2026

Metals and mining conglomerate Vedanta aims to achieve $10 billion in group Ebitda by FY27, a significant increase from $6 billion in FY26, and plans to reduce its overall debt by more than 20,000 crore during the same period, according to CFO Ajay Goel.

Nurturing India's Future Motorsport Champions With TVS Apache Junior Programme

Nurturing India's Future Motorsport Champions With TVS Apache Junior Programme

Rediff.com27 Jul 2026

TVS Motor Company has launched the TVS Apache Junior Programme, a new initiative to identify and train young racing talent aged 10-14 years. The programme, conducted at the Madras International Karting Arena, provides structured training using purpose-built TVS Apache RR 200 Mini motorcycles, aiming to create a clear pathway for aspiring riders into professional motorsport.

Google Asked To Urgently Remove Fake Bank Web Sites

Google Asked To Urgently Remove Fake Bank Web Sites

Rediff.com22 Aug 2026

Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.

Maha FDA suspends licences of Domino's outlets over hygiene

Maha FDA suspends licences of Domino's outlets over hygiene

Rediff.com12 Aug 2026

The Maharashtra Food and Drug Administration (FDA) has suspended the food business licences of four Domino's Pizza outlets, including three in Mumbai, and several other chain restaurants like KFC and Pizza Hut, citing alleged violations of food safety and hygiene norms during a special drive.

Govt, Opposition blame each other for Parliament washout

Govt, Opposition blame each other for Parliament washout

Rediff.com13 Aug 2026

India's Monsoon Session of Parliament concluded with significantly low productivity, marked by frequent disruptions and protests from the Opposition, primarily the Congress, leading to minimal debate on key legislation.

India's Top 100 Brands Hit $253 Billion

India's Top 100 Brands Hit $253 Billion

Rediff.com15 Jul 2026

LIC is the only brand in the Brand Finance India 100 2026 report that has a top five rank in both brand value and brand strength.

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Rediff.com13 Aug 2026

Manappuram Finance has announced the appointment of Ashish Singh as its new managing director and chief executive officer, effective January 1, 2027, marking a significant shift from its family-led governance structure.

Tata Sons AGM adjourned due to lack of quorum

Tata Sons AGM adjourned due to lack of quorum

Rediff.com18 Aug 2026

A crucial annual general meeting (AGM) of Tata Sons, the primary holding company of the Tata conglomerate, was adjourned due to a lack of quorum, specifically the absence of representatives from the Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT). The SRTT is currently under restrictions from the Maharashtra Charities Commissioner, preventing it from making major decisions or holding meetings, which impacted its ability to participate.

Bullet Gold Loans Lose Edge Under New RBI Rules

Bullet Gold Loans Lose Edge Under New RBI Rules

Rediff.com18 Aug 2026

Under bullet repayment, the principal remains outstanding and unpaid interest raises the liability over time. This makes the LTV ratio more vulnerable to a sharp fall in gold prices.

Telangana CM denied US trip, MEA cites 'non-conformity of norms'

Telangana CM denied US trip, MEA cites 'non-conformity of norms'

Rediff.com22 Aug 2026

Telangana Chief Minister A Revanth Reddy's planned visit to the United States has been denied political clearance by the Ministry of External Affairs (MEA), citing non-conformity with laid down norms, forcing him to cancel the US leg of his 'TelanganaRising' delegation tour and return to Hyderabad earlier than planned.

Will Kuldeep Make Way For Saransh Jain For Second Test Vs Sri Lanka?

Will Kuldeep Make Way For Saransh Jain For Second Test Vs Sri Lanka?

Rediff.com21 Aug 2026

With Kuldeep Yadav looking ineffective, India could look towards including off-spinner Saransh Jain in the playing XI in the second Test in Colombo, especially looking at three left-handers in the Sri Lankan top seven.

Jhandu Kumar Wins India's First Medal At Glasgow Commonwealth Games

Jhandu Kumar Wins India's First Medal At Glasgow Commonwealth Games

Rediff.com25 Jul 2026

Jhandu Kumar, an Indian para powerlifter, secured India's first medal at the Commonwealth Games, winning bronze in the men's heavyweight category.

Hockey World Cup: Coach Fulton highlights defensive woes after England defeat

Hockey World Cup: Coach Fulton highlights defensive woes after England defeat

Rediff.com17 Aug 2026

India's men's hockey team suffered a 4-2 defeat against England in their second Hockey World Cup pool match, with head coach Craig Fulton and player Manpreet Singh attributing the loss to defensive lapses, particularly in the third quarter. The team now faces a crucial match against arch-rivals Pakistan, needing to improve their defensive discipline and penalty corner conversion.

Indian REITs show resilience, distribute Rs 3,136 crore to unitholders in Q1FY27

Indian REITs show resilience, distribute Rs 3,136 crore to unitholders in Q1FY27

Rediff.com18 Aug 2026

India's six publicly listed Real Estate Investment Trusts (REITs) collectively distributed approximately 3,136 crore to over 485,000 unitholders during the first quarter (April-June) of the current financial year (FY27), demonstrating the sector's resilience despite global uncertainties.

Ambanis Worth Rs 25.8 Trillion!

Ambanis Worth Rs 25.8 Trillion!

Rediff.com12 Aug 2026

India's 10 most valuable families had a combined valuation of Rs 70.5 trillion.

Sooryavanshi, Mayank lead the way as India sweep T20I series vs Zimbabwe

Sooryavanshi, Mayank lead the way as India sweep T20I series vs Zimbabwe

Rediff.com26 Jul 2026

India's teenage prodigy Vaibhav Sooryavanshi blasted an impressive 81 runs on Sunday to steer his side to a 3-0 whitewash of hosts Zimbabwe in their Twenty20 series at the Harare Sports Club.