News for 'Business India'

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.

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.

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.

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.

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.

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.

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.

Bharti Airtel's Q1 FY27 profit surges 37.3% driven by premium users

Bharti Airtel's Q1 FY27 profit surges 37.3% driven by premium users

Rediff.com5 Aug 2026

Bharti Airtel, India's second-largest telecom operator, reported a 37.3 per cent rise in consolidated net profit to 8,167 crore for Q1 FY27, driven by the addition of high-paying premium customers, despite missing Bloomberg consensus estimates.

'RTI activism a new business', says SC; denies bail to activist

'RTI activism a new business', says SC; denies bail to activist

Rediff.com15 Jun 2026

The Supreme Court has criticised RTI activism, calling it a "new business," while denying anticipatory bail to an activist accused of obstructing road construction work and intimidating public servants in Punjab.

Karnataka announces India's first govt-driven AI university

Karnataka announces India's first govt-driven AI university

Rediff.com14 Jul 2026

Karnataka Chief Minister D K Shivakumar announced the establishment of India's first government-driven Artificial Intelligence University and an AI Hub in Bengaluru. This initiative aims to position Karnataka as a global leader in responsible AI innovation, fostering talent, research, and collaboration. The state seeks to become an AI-native state, leveraging AI to improve governance and daily life across various sectors.

Brazil to face India in historic friendly in Kolkata on October 3

Brazil to face India in historic friendly in Kolkata on October 3

Rediff.com30 Jul 2026

Almost five decades after Pele ignited Kolkata's romance with Brazilian football, the iconic yellow jersey is set to return to the City of Joy, with the record five-time World Cup champions Brazil scheduled to face India in a landmark international friendly at the Salt Lake Stadium on October 3.

Cockroaches, gutka packet: FSSAI slaps notices on Delhi's JW Marriott, Andaz

Cockroaches, gutka packet: FSSAI slaps notices on Delhi's JW Marriott, Andaz

Rediff.com27 Aug 2026

India's food safety regulator, FSSAI, has issued notices to five-star hotels JW Marriott and Andaz Delhi following inspections that revealed serious hygiene and food-safety violations, including cockroach infestations, expired food, poor sanitation, and improper food storage.

Several parliamentary panels await reconstitution

Several parliamentary panels await reconstitution

Rediff.com21 Aug 2026

Several vital parliamentary committees, including those dealing with ethics, rules, and financial matters, are yet to be formally reconstituted. This delay affects the functioning of the Lok Sabha and the oversight of government operations.

SBI MD Highlights Need For Alternative Data In MSME Lending

SBI MD Highlights Need For Alternative Data In MSME Lending

Rediff.com11 Aug 2026

A top SBI official has highlighted the challenges bankers face in lending to MSMEs using only GST data, advocating for the integration of alternative data sources like power consumption and telecom records through credit bureaus to improve credit assessment.

Carlsberg India confidentially files IPO papers with Sebi

Carlsberg India confidentially files IPO papers with Sebi

Rediff.com3 Jul 2026

Danish brewing giant Carlsberg has confidentially filed draft papers with India's markets regulator Sebi for an initial public offering (IPO) of its Indian business, joining a growing list of multinational companies looking to tap India's equity markets.

Can HIL do for hockey what IPL did for cricket?

Can HIL do for hockey what IPL did for cricket?

Rediff.com20 Aug 2026

Former Australian hockey legend Jamie Dwyer believes the Indian team possesses the talent and infrastructure to become a dominant force in world hockey but stresses that 'they need to maintain consistency as a team' to realise their true potential.

What went wrong for N Chandrasekharan at Tata Sons

What went wrong for N Chandrasekharan at Tata Sons

Rediff.com12 Aug 2026

N Chandrasekaran will step down as chairman of Tata Sons in February 2027, concluding a decade at the helm, following a prolonged standoff over his reappointment with Tata Trusts Chairman Noel Tata.

Home Flooded? Avoid These Insurance Claim Mistakes

Home Flooded? Avoid These Insurance Claim Mistakes

Rediff.com25 Aug 2026

Flood insurance claims can be rejected or reduced if homeowners do not understand what their policy actually covers.

Airport Authority Gets Waiver Request Amid Adani Airline Buzz

Airport Authority Gets Waiver Request Amid Adani Airline Buzz

Rediff.com11 Aug 2026

The Airports Authority of India has received a request for a waiver from contractual restrictions that prevent airport concessionaires and their group entities from holding equity in scheduled airlines, Minister of State for Civil Aviation Murlidhar Mohol confirmed in the Rajya Sabha. This comes amid reports of the Adani group's interest in the airline business, despite their denial.

H1N1, Flu Cases: 'No Need To Panic'

H1N1, Flu Cases: 'No Need To Panic'

Rediff.com26 Aug 2026

Several Indian cities report a surge in influenza cases, prompting state governments to issue advisories asking people to mask up in public spaces and follow basic respiratory hygiene.

India's CWG Day 7 Medal Hunt: Who's Competing Today?

India's CWG Day 7 Medal Hunt: Who's Competing Today?

Rediff.com28 Jul 2026

Indian athletes are set to compete across various disciplines including athletics, boxing, lawn bowls, swimming, and weightlifting on the seventh day of the Commonwealth Games, with several medal events scheduled.

Cricket Club of India, MIG Cricket Club lose food licences after FDA action

Cricket Club of India, MIG Cricket Club lose food licences after FDA action

Rediff.com29 Jul 2026

The Maharashtra Food and Drug Administration (FDA) has suspended the food business licences of the Cricket Club of India (CCI), MIG Cricket Club in Bandra East, and three other clubs in the city for alleged violations of food safety and hygiene norms, officials said on Tuesday.

Modi-Takaichi Summit Opens New India-Japan Chapter

Modi-Takaichi Summit Opens New India-Japan Chapter

Rediff.com7 Jul 2026

Notwithstanding the economic complementarities and the host of agreements for deepening economic relation on a host of areas, both sides share common viewpoints on the foreign policy domain and seek common grounds to serve as a counterweight to China, notes Dr Rajaram Panda.

Why Are Thousands of GST Appeals Pending?

Why Are Thousands of GST Appeals Pending?

Rediff.com24 Aug 2026

GSTAT has crossed 75,000 filings but disposed of only 83 cases, highlighting the huge backlog facing India's new GST appeals tribunal.

Skyroot's Success Changes India's Space Future

Skyroot's Success Changes India's Space Future

Rediff.com20 Jul 2026

'The Indian private space sector is no longer a high-risk bet; it is a highly bankable, globally competitive asset class capable of easing the global small satellite launch bottleneck.'

How EY India's New Platform Quantifies Cyber Risk In Real-Time

How EY India's New Platform Quantifies Cyber Risk In Real-Time

Rediff.com9 Jul 2026

EY India has launched its Cyber Performance Management (CPM) platform, an integrated solution designed to help enterprises quantify and manage cyber risk in real-time. This platform leverages AI and cybersecurity to provide decision intelligence, enabling organisations to identify and address threats proactively and translate cyber exposure into financial insights.

Google Bets Big on India's AI Future

Google Bets Big on India's AI Future

Rediff.com15 Jul 2026

The aim is to win over the country's enterprises, developers and startups as AI systems shift from answering questions to autonomously executing tasks.

PM promises Rs 1 lakh crore Innovation Fund for start-ups

PM promises Rs 1 lakh crore Innovation Fund for start-ups

Rediff.com15 Aug 2026

Prime Minister Narendra Modi has called upon India's youth to dream big, assuring them of government support and resources, including a Rs 1 lakh crore Innovation Fund, to bolster the country's burgeoning startup ecosystem and drive its journey towards becoming a developed nation.

US Business Schools Eye India Partnerships

US Business Schools Eye India Partnerships

Rediff.com12 Mar 2026

The outreach comes amid a drop in Indian student enrolments in management programmes at American universities last year, following changes to US student visa policies.

IIM Bangalore Incubator Creates 35,000 Jobs, $7 Bn In Value

IIM Bangalore Incubator Creates 35,000 Jobs, $7 Bn In Value

Rediff.com17 Aug 2026

As NSRCEL enters its next phase, the incubator plans to focus on AI, deep technology and global partnerships as it looks to expand its reach.

India's private sector activity hits four-year low in July: Flash PMI

India's private sector activity hits four-year low in July: Flash PMI

Rediff.com25 Jul 2026

India's private sector activity slowed to a four-year low in July, with the HSBC Flash Purchasing Managers' Index (PMI) falling to 54.3, driven by weakened sales and output amidst renewed tensions in West Asia and rising inflationary pressures.

Hormuz Crisis Exposes India's Energy Risks

Hormuz Crisis Exposes India's Energy Risks

Rediff.com20 Jul 2026

Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.

How AI Weather Forecasts Are Transforming Farming In Telangana

How AI Weather Forecasts Are Transforming Farming In Telangana

Rediff.com9 Aug 2026

A World Bank report highlights how Artificial Intelligence-powered weather forecasts have enabled small farmers in Telangana, India, to save up to USD 560 by adapting their farming practices to specific risks. The report, "The Promise of Artificial Intelligence," advocates for developing countries to rapidly adopt small, low-cost AI tools to enhance productivity, improve government services, and avoid missing out on the AI revolution.

What Went Wrong At Tata Sons After Ratan Tata?

What Went Wrong At Tata Sons After Ratan Tata?

Rediff.com13 Aug 2026

Chandrasekaran's exit is more than a change of chairman. It represents the breakdown of the informal consensus that governed the Tata system under Ratan Tata.

'Coding Agents Won't Replace Software Engineers'

'Coding Agents Won't Replace Software Engineers'

Rediff.com17 Aug 2026

'It seems unlikely that organisations will be a bunch of individuals who work on their own and there are no teams anymore, because that is not sustainable.'

When A Flight Fails, Airlines Must Respond

When A Flight Fails, Airlines Must Respond

Rediff.com26 Aug 2026

A flight may be cancelled for reasons beyond an airline's control. The chaos that follows need not be, points out Air Commodore Nitin Sathe (retd).

Maruti Suzuki urges govt for 'as-is' settlement or amnesty scheme for indirect tax disputes

Maruti Suzuki urges govt for 'as-is' settlement or amnesty scheme for indirect tax disputes

Rediff.com7 Aug 2026

Maruti Suzuki India's CFO, Arnab Roy, has urged the central government to introduce an amnesty scheme or an 'as-is' settlement option to resolve past indirect tax disputes, aiming to clear legacy litigation and foster growth in the automotive industry. Roy emphasised the need for a 'smarter way to address the past' to provide long-term certainty for businesses.