News for 'Business India'

Indian IT firms paid record Rs 1.3 trillion to shareholders in FY26 despite AI headwinds

Indian IT firms paid record Rs 1.3 trillion to shareholders in FY26 despite AI headwinds

Rediff.com20 May 2026

India's top 16 IT services companies distributed a record 1.3 trillion to shareholders in FY26 through dividends and share buybacks, a 36.3 per cent increase from FY25, even as the industry grappled with AI-driven business model threats and a significant decline in market capitalisation.

The complete Indian investor's guide to every asset class worth knowing in 2026!

The complete Indian investor's guide to every asset class worth knowing in 2026!

Rediff.com31 May 2026

Earlier, most investors counted on traditional options like fixed deposits, gold, or property. But in 2026, you will have access to a much wider range of opportunities across different markets and sectors.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com22 May 2026

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

'Mehangai manav strikes again': Rahul slams Modi on fuel price hike

'Mehangai manav strikes again': Rahul slams Modi on fuel price hike

Rediff.com25 May 2026

Congress leader Rahul Gandhi on Monday launched a scathing attack on Prime Minister Narendra Modi over the latest fuel hike, saying mehangai manav has struck again and he has just one job of making promises during elections and attacking people's pockets at other times.

Ladakh relaxes liquor curbs, extends sales to 4 more districts

Ladakh relaxes liquor curbs, extends sales to 4 more districts

Rediff.com31 May 2026

Ladakh Lieutenant Governor Vinai Kumar Saxena on Sunday approved a new Excise Policy, permitting the sale of hard liquor through retail vends, reducing documents to obtain a licence from 16 to six and extending the liquor availability to four more districts.

No IIT After JEE? What To Do NEXT

No IIT After JEE? What To Do NEXT

Rediff.com3 Jun 2026

Many successful careers begin from ordinary colleges, says rediffGURU Radheshyam Zanwar as he guides worried a class 12 student who was unable to secure admission at an IIT.

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Rediff.com2 Jun 2026

The CBI has filed three chargesheets against former Karnataka minister B Nagendra and his associate Nekkanti Nagaraj for allegedly diverting Rs 89 crore in state government funds intended for Scheduled Tribes.

King's College Offers Rs 6.44 Lakh Grant For Indian Students Only

King's College Offers Rs 6.44 Lakh Grant For Indian Students Only

Rediff.com22 May 2026

The University of Gloucestershire is looking for international student-athletes for funded study and training opportunities in the UK.

A Museum Where You Can Drive A Formula E Car!

A Museum Where You Can Drive A Formula E Car!

Rediff.com21 May 2026

This is just one of the things you can experience in the Mahindra museum -- The Museum of Living History -- whose sleek, immersive design made Rediff's Mayur Sanap feel he was walking into a Tron movie. Except, instead of neon blue tones, the dominant colour everywhere was Mahindra's signature red which made the space feel bold and dramatic.

Cong MP moves privilege motion against Dharmendra Pradhan

Cong MP moves privilege motion against Dharmendra Pradhan

Rediff.com18 May 2026

Congress chief whip Jairam Ramesh has filed a privilege notice against Union Education Minister Dharmendra Pradhan for allegedly making derogatory remarks about a parliamentary committee, claiming he lowered the dignity of Parliament.

'We will keep the consumer at the centre, use technology to optimise, and continue investing behind brands to drive volume-led penetration'

'We will keep the consumer at the centre, use technology to optimise, and continue investing behind brands to drive volume-led penetration'

Rediff.com11 May 2026

"Our strategy has always been to focus on volume-led penetration growth," said Manish Tiwary, chairman and managing director, Nestle India.

Delhi Quad meet to focus on West Asia fallout, Indo-Pacific security

Delhi Quad meet to focus on West Asia fallout, Indo-Pacific security

Rediff.com25 May 2026

The economic fallout of the West Asia crisis, the prevailing security situation in the Indo-Pacific and ways to boost cooperation in critical minerals and technology are expected to top the agenda at a crucial meeting of the Quad foreign ministers on Tuesday.

Raghu Rai: The Genius Who Captured India For Eternity

Raghu Rai: The Genius Who Captured India For Eternity

Rediff.com28 Apr 2026

He was childlike with a camera in his hands -- not nave, but wonderstruck, as though the world were always on the verge of delivering something unrepeatable. Pulitzer Prize nominee Namas Bhojani recalls his long association with Raghu Rai, the legendary photographer who passed into the ages on Sunday.

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Rediff.com2 Jun 2026

Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.

Industry Taskforce Calls For AI Curriculum Overhaul

Industry Taskforce Calls For AI Curriculum Overhaul

Rediff.com28 May 2026

An industry-led AI curriculum taskforce has recommended shifting the present lecture-based teaching system for technical education to learning from real industry use cases and enhancing practical exposure of students.

Tata Sons Dilemma: To List Or Not To List

Tata Sons Dilemma: To List Or Not To List

Rediff.com26 May 2026

The upcoming Tata Sons board meeting in June could possibly throw some light on several critical issues that may have a bearing on the future of the corporate behemoth.

'Loneliness Is An Epidemic'

'Loneliness Is An Epidemic'

Rediff.com1 Jun 2026

Loneliness can engulf people at different stages in their lives. Weighing in on their lonely state of mind are three people -- a soul-searching Gen Z stage actress, Malikka Advani; a beleaguered big-tech employee in his 40s, Vinod Patel; and a confidence-exuding business writer, Maya Lalchandani -- who reveal the different methods they employ to tackle this emotion.

TaMo PV profit slumps 32% on JLR headwinds

TaMo PV profit slumps 32% on JLR headwinds

Rediff.com15 May 2026

Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Rediff.com8 May 2026

'We are targeting a 2.5x to 3x increase in valuation by FY31.'

Salesforce To Create 'Digital Labour Platforms', Not Replace Humans

Salesforce To Create 'Digital Labour Platforms', Not Replace Humans

Rediff.com18 May 2026

Salesforce is concentrating on developing 'digital labour platforms' and using AI to augment human capabilities rather than replace them, according to a senior company official.

Rubio meets Modi, discusses West Asia, extends Trump's invitation to visit US

Rubio meets Modi, discusses West Asia, extends Trump's invitation to visit US

Rediff.com23 May 2026

Prime Minister Narendra Modi and US Secretary of State Marco Rubio discussed various aspects of India-US bilateral ties, focusing on defence, trade, energy, and technology. Rubio extended an invitation from President Donald Trump for PM Modi to visit the US.

'Mama Used To Hit Sanju With Chappals'

'Mama Used To Hit Sanju With Chappals'

Rediff.com1 Jun 2026

'While she was particularly attached to Sanju, she'd spew expletives at him, and hit him with chappals when he misbehaved.' 'She'd even beat me when I was rude to my elder sister Namrata.' 'Today you can't whack your child, but we have grown up with two-three whacks a day.'

Byju's Founder Byju Raveendran Sentenced to Jail in Singapore for Contempt of Court

Byju's Founder Byju Raveendran Sentenced to Jail in Singapore for Contempt of Court

Rediff.com27 May 2026

Byju Raveendran, founder of the embattled edtech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt of court over alleged non-compliance with disclosure orders, a ruling he described as "procedural" and plans to appeal.

Kalyani Group Breaks Ground On Defence Manufacturing Facility

Kalyani Group Breaks Ground On Defence Manufacturing Facility

Rediff.com15 May 2026

Kalyani Strategic Systems' subsidiary, Agneyastra Energetics Ltd, has commenced construction of a Rs 1,500-crore defence manufacturing facility in Andhra Pradesh, aiming to enhance India's indigenous defence capabilities and generate employment.

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Cipla's Q4 Revenue Below Estimates, Strategic Launches Crucial for Recovery

Rediff.com22 May 2026

Pharmaceutical major Cipla reported a 3 per cent year-on-year decline in March quarter revenue to Rs 6,541 crore, with net profit falling 55 per cent to Rs 554.6 crore, missing consensus estimates. Despite strong growth in India and Africa, a significant decline in North American sales impacted overall performance, with the company now focusing on new product launches and regulatory filings to drive future gains.

Mutual funds' stock market lead over LIC widens for fifth year in a row

Mutual funds' stock market lead over LIC widens for fifth year in a row

Rediff.com25 May 2026

India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.

Info Edge Q4 billings slow on muted hiring, Gulf risks

Info Edge Q4 billings slow on muted hiring, Gulf risks

Rediff.com17 Apr 2026

Info Edge (India) shares fell 2.9 per cent after the company reported muted growth in recruitment billings for Q4 FY26, leading brokerages to expect impacted operating performance and potential margin contraction.

'Host Vaishali-Ju World Title Match In India'

'Host Vaishali-Ju World Title Match In India'

Rediff.com17 Apr 2026

With D Gukesh and R Vaishali set to play world title matches, experts urge India to bid for hosting rights, calling it a major boost for the sport.

Social Media Influencer Ankush Bahuguna Faces Homophobia In London

Social Media Influencer Ankush Bahuguna Faces Homophobia In London

Rediff.com19 May 2026

Indian influencer Ankush Bahuguna shares his experience of facing homophobic abuse on the streets of London after attending a Huda Beauty event in a pink suit and makeup.

Massive 'economic storm' on the way: Rahul slams Modi

Massive 'economic storm' on the way: Rahul slams Modi

Rediff.com19 May 2026

Congress leader Rahul Gandhi has warned of a severe economic crisis looming over India, criticising Prime Minister Narendra Modi's economic policies and foreign travels.

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Rediff.com18 May 2026

Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.

How IndiaAI Mission Is Helping AI Startups Scale Globally

How IndiaAI Mission Is Helping AI Startups Scale Globally

Rediff.com17 Apr 2026

The IndiaAI Mission, under MeitY, has selected 10 Indian AI startups for its Global Acceleration Programme, aimed at fostering international growth and innovation.

India-Africa Initiative Aims to Bridge AI Skills Gap

India-Africa Initiative Aims to Bridge AI Skills Gap

Rediff.com27 Mar 2026

JNS Cloud Solutions, in partnership with upGrad Enterprise, has launched the Africa AI Skilling Initiative to accelerate digital transformation and address the skills gap in Africa.

Indian Youth Adopt Work AI Faster Than Global Peers

Indian Youth Adopt Work AI Faster Than Global Peers

Rediff.com21 May 2026

A Deloitte survey reveals that Indian Gen Z and millennial professionals are rapidly adopting AI tools in the workplace, surpassing their global counterparts in usage and confidence, while also facing financial pressures and shifting workplace expectations.

How Modi's Austerity Appeal Can Work

How Modi's Austerity Appeal Can Work

Rediff.com28 May 2026

Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.

Gautam Adani: Energy Security, Digital Infrastructure Key To Geopolitics

Gautam Adani: Energy Security, Digital Infrastructure Key To Geopolitics

Rediff.com11 May 2026

Gautam Adani emphasised the importance of energy security and digital infrastructure in shaping geopolitical power, urging India to develop sovereign capabilities across the AI value chain.

At 89, My Father Chose Ayodhya, Varanasi, Sikkim

At 89, My Father Chose Ayodhya, Varanasi, Sikkim

Rediff.com3 Jun 2026

Sacred spots and soaring peaks: Bucket-listing across the heartland. Roopa Unnikrishnan and her father journey through the heart of India.

Modi embarks on five-nation tour; energy security, trade in focus

Modi embarks on five-nation tour; energy security, trade in focus

Rediff.com15 May 2026

Prime Minister Narendra Modi has begun a six-day tour of the UAE, the Netherlands, Sweden, Norway and Italy to strengthen bilateral relations amid geopolitical challenges. The trip will focus on energy security, trade, and technological cooperation.

Deloitte India and IIT Bombay Collaborate to Advance Quantum Technology

Deloitte India and IIT Bombay Collaborate to Advance Quantum Technology

Rediff.com8 Apr 2026

Deloitte India has partnered with IIT Bombay to launch a Quantum Technology Centre, aiming to accelerate quantum adoption, research, and enterprise use-cases for Indian businesses.

Are Anirudh Ravichander, Kavya Maran Getting Married?

Are Anirudh Ravichander, Kavya Maran Getting Married?

Rediff.com21 May 2026

Rumours of music director Anirudh Ravichander and Sunrisers Hyderabad co-owner Kavya Maran tying the knot have resurfaced on the Internet, despite Anirudh's previous denial a year ago.