News for 'Business Standard'

Mark Mobius: The Champion of Emerging Markets

Mark Mobius: The Champion of Emerging Markets

Rediff.com17 Apr 2026

'Mobius made EMs investable and India his most enduring belief.'

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.

Puri Jagannath Temple Plans New Dress Code: No jeans, shirt

Puri Jagannath Temple Plans New Dress Code: No jeans, shirt

Rediff.com7 days ago

According to the recommendations, reviewed by Business Standard, any dress code shall always be akin to Hindu culture.

Tata Trusts must reduce life trustees at Sir Ratan Tata Trust to comply with Maharashtra law

Tata Trusts must reduce life trustees at Sir Ratan Tata Trust to comply with Maharashtra law

Rediff.com6 days ago

Tata Trusts, which holds a significant stake in Tata Sons, is facing a mandate to immediately comply with Section 30A(2) of the Maharashtra Public Trusts Act, 1950, requiring two of the three life trustees at Sir Ratan Tata Trust to step down to meet the 25 per cent cap on perpetual trustees.

Tata Trusts must reduce life trustees at Sir Ratan Tata Trust to comply with Maharashtra law

Tata Trusts must reduce life trustees at Sir Ratan Tata Trust to comply with Maharashtra law

Rediff.com7 days ago

Tata Trusts, which holds a significant stake in Tata Sons, is facing a mandate to immediately comply with Section 30A(2) of the Maharashtra Public Trusts Act, 1950, requiring two of the three life trustees at Sir Ratan Tata Trust to step down to meet the 25 per cent cap on perpetual trustees.

Air India plans to complete B787-8 retrofit by Q1 2028

Air India plans to complete B787-8 retrofit by Q1 2028

Rediff.com20 Apr 2026

Air India is undertaking a $400 million programme to modernise its legacy fleet, with plans to complete the retrofit of its entire Boeing 787-8 fleet by the first quarter of 2028 and its Boeing 777 fleet by 2029.

RBI introduces new business correspondent norms to expand banking access

RBI introduces new business correspondent norms to expand banking access

Rediff.com7 Apr 2026

The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

Rediff.com2 days ago

SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.

Andhra Pradesh aims for Rs 50,000 crore investment in rare earth corridor

Andhra Pradesh aims for Rs 50,000 crore investment in rare earth corridor

Rediff.com6 days ago

Andhra Pradesh is spearheading an ambitious initiative to establish a fully integrated beach sand minerals, rare earth, and titanium ecosystem, aiming to attract over 50,000 crore in investments over the next decade. This move is part of India's broader strategy to reduce its reliance on China for strategic minerals and permanent magnets, with the state preparing a comprehensive rare earth policy and planning specialised industrial clusters.

TN Welfare Push Raises Fiscal Risks For New Government

TN Welfare Push Raises Fiscal Risks For New Government

Rediff.com2 days ago

Amid the arithmetic of subsidies, consumption and capacity, whichever government assumes office in Tamil Nadu after May 4 is likely to inherit a growing debate over how far the state can continue to expand welfare promises without placing additional strain on public finances and the power sector.

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

Rediff.com2 days ago

IT services major LTM is set to introduce a new pricing framework, 'Blueverse Credit', in the first quarter of FY27, aiming to align monetisation with the growing adoption of agentic artificial intelligence.

Tamil Nadu Elections: Vanniyars Hold Key To 70-75 Seats

Tamil Nadu Elections: Vanniyars Hold Key To 70-75 Seats

Rediff.com23 Apr 2026

The Vanniyar vote can tip the balance in 70 to 75 assembly constituencies of the 234 in the state, mainly in the Ranipet, Vellore, Thiruppathur, Krishnagiri, Dharmapuri, Tiruvannamalai, Arani, Villupuram and Kallakurichi districts.

Ralph Lauren Faces Heat Over Bandhani Skirt

Ralph Lauren Faces Heat Over Bandhani Skirt

Rediff.com10 hours ago

'It is disappointing that a craft, which is protected by the Geographical Indication Tag, Polo Ralph Lauren has turned it into a cheap wrap skirt, that too, printed.'

TCS Makes 25,000 Fresher Offers

TCS Makes 25,000 Fresher Offers

Rediff.com21 Apr 2026

These offers provide some relief to engineering students impacted by the uptake in artificial intelligence (AI) tools.

Increasing the number of policy sales will be a key focus area for SBI Life

Increasing the number of policy sales will be a key focus area for SBI Life

Rediff.com5 hours ago

"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

Rediff.com7 days ago

'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'

Odisha govt slaps Rs 233 crore penalty on Vedanta for 'illegal' water extraction

Odisha govt slaps Rs 233 crore penalty on Vedanta for 'illegal' water extraction

Rediff.com2 days ago

The Odisha government has issued a notice to Vedanta Aluminium Limited, Jharsuguda, demanding 233.11 crore for allegedly extracting over 30 lakh cubic metres of water monthly from the Bheden river system without authorisation between May 2025 and April 2026, a charge the company denies, claiming compliance with existing agreements.

'Equity Investing In Good Shape And Fashionable As Ever!'

'Equity Investing In Good Shape And Fashionable As Ever!'

Rediff.com7 days ago

'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'

India Inc's FY27 earnings forecast cut amid Iran war

India Inc's FY27 earnings forecast cut amid Iran war

Rediff.com28 Apr 2026

Analysts are revising down India Inc's financial year 2026-27 (FY27) earnings growth forecasts, citing persistently high crude oil prices above $100 a barrel due to the West Asia conflict, which is expected to dent corporate financial performance in the coming quarters.

Chinese API price surge tests India's pharma buffers amid West Asia crisis

Chinese API price surge tests India's pharma buffers amid West Asia crisis

Rediff.com4 days ago

India's pharmaceutical industry is experiencing increased bulk drug prices, particularly for APIs from China, following the escalation of the West Asia crisis in March. While current inventories provide a temporary buffer, concerns are mounting over the availability of key solvents and feedstocks, potentially leading to manufacturing disruptions and shortages in specific drug categories.

Orissa High Court: Indiscriminate Bank Account Freezes Hurt Businesses

Orissa High Court: Indiscriminate Bank Account Freezes Hurt Businesses

Rediff.com12 Mar 2026

'Statutory power must be exercised in a manner that is fair, proportionate, and not excessive.' 'The authority must demonstrate a rational nexus between the property frozen and the alleged offence.'

2 Years On, Automakers Still Waiting For Govt to Clear FAME-II Dues

2 Years On, Automakers Still Waiting For Govt to Clear FAME-II Dues

Rediff.com16 Apr 2026

Under FAME-II, automakers provided subsidies to electric vehicle (EV) customers at the time of purchase, with the understanding that the government would reimburse the firms later.

India's Smaller Cities Pop Corks: Champagne Demand Spreads Beyond Metros

India's Smaller Cities Pop Corks: Champagne Demand Spreads Beyond Metros

Rediff.com5 days ago

Champagne consumption in India is expanding beyond major metropolitan areas into smaller cities like Kanpur, Guwahati, and Lucknow, driven by a desire for sophisticated lifestyle declarations and a growing appreciation for the beverage.

HDFC Life profit rose 4% in Q4; parent bank to invest Rs 1,000 crore

HDFC Life profit rose 4% in Q4; parent bank to invest Rs 1,000 crore

Rediff.com17 Apr 2026

HDFC Life Insurance reported a 4 per cent year-on-year increase in net profit to Rs 495.6 crore for Q4FY26, while its parent, HDFC Bank, announced a Rs 1,000 crore preferential share issuance to raise its stake to 50.5 per cent.

Corporate India's Conduct Conundrum: Bridging Policy and Practice

Corporate India's Conduct Conundrum: Bridging Policy and Practice

Rediff.com6 days ago

Recent controversies at major IT firms like TCS and Infosys have highlighted a persistent gap between workplace conduct policies and their implementation in corporate India. While companies assert zero tolerance for harassment and discrimination, employees and experts point to uneven enforcement and the need to embed ethical behaviour into organisational culture.

Why Were 3 HDFC Executives Asked To Leave?

Why Were 3 HDFC Executives Asked To Leave?

Rediff.com21 Mar 2026

The controversy involves mis-selling Credit Suisse AT-I bonds to NRIs as fixed-maturity instruments, later written off after collapse.

Affordable housing may lose more ground as costs rise

Affordable housing may lose more ground as costs rise

Rediff.com1 days ago

The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.

Maruti Suzuki discontinues Ignis hatchback amid weak sales, supply woes hit S-Presso and WagonR

Maruti Suzuki discontinues Ignis hatchback amid weak sales, supply woes hit S-Presso and WagonR

Rediff.com6 days ago

Maruti Suzuki has discontinued its Ignis hatchback due to weak sales and a shift towards SUVs, while simultaneously facing supply chain issues for its popular S-Presso and WagonR models, leading to booking halts at some dealerships.

Corporate India's Conduct Conundrum: Bridging Policy and Practice

Corporate India's Conduct Conundrum: Bridging Policy and Practice

Rediff.com7 days ago

Recent controversies at major IT firms like TCS and Infosys have highlighted a persistent gap between workplace conduct policies and their implementation in corporate India. While companies assert zero tolerance for harassment and discrimination, employees and experts point to uneven enforcement and the need to embed ethical behaviour into organisational culture.

New truncated gas allocation regime still faces a large LNG shortfall

New truncated gas allocation regime still faces a large LNG shortfall

Rediff.com20 Mar 2026

India's plans to ration the consumption of liquefied natural gas (LNG) and liquefied petroleum gas (LPG) - in response to reduction in their import owing to war in West Asia - may fall short of what is needed to meet domestic needs.

Mercedes says demand stays strong despite supply disruptions

Mercedes says demand stays strong despite supply disruptions

Rediff.com28 Apr 2026

Despite the ongoing West Asia conflict causing global trade route disruptions, Mercedes-Benz India reports resilient customer demand, particularly for its new electric CLA sedan, though it faces challenges with component supply delays and escalating shipping costs.

Govt issues updated SOP for processing FDI applications

Govt issues updated SOP for processing FDI applications

Rediff.com1 days ago

The Indian government has issued an updated Standard Operating Procedure (SOP) for processing Foreign Direct Investment (FDI) applications, aiming to clear all proposals within 12 weeks, a two-week extension from the previous 10-week target, to ensure a fully paperless and transparent process.

Investment Advisors Heavily Concentrated in Five Metros, Hindering Financial Inclusion

Investment Advisors Heavily Concentrated in Five Metros, Hindering Financial Inclusion

Rediff.com1 Apr 2026

A significant majority (57%) of India's investment advisors are concentrated in just five metro cities, leading to concerns about financial inclusion and the spread of financial market products beyond urban centres, according to a Business Standard analysis of Sebi data.

Sebi introduces fast-track route for AIF scheme launches, cutting approval times

Sebi introduces fast-track route for AIF scheme launches, cutting approval times

Rediff.com5 days ago

The Securities and Exchange Board of India (Sebi) has implemented a fast-track mechanism for Alternative Investment Funds (AIFs), allowing scheme launches after 30 days of filing, aiming to reduce timelines and accelerate capital deployment.

BSNL Taps Samay Raina Buzz

BSNL Taps Samay Raina Buzz

Rediff.com15 Apr 2026

The post, markedly different from its usual X feed -- typically focused on low-cost tariff plans and anti-spam measures -- appears to ride on Samay Raina's popularity.

'Impact of the spike in energy prices will be transient'

'Impact of the spike in energy prices will be transient'

Rediff.com7 days ago

'As re-industrialisation gathers pace across regions like Asia, Europe and the US, a wide range of products and inputs will see demand.'

Intense battle of ballot in Tamil Nadu's cradle Of democracy

Intense battle of ballot in Tamil Nadu's cradle Of democracy

Rediff.com7 days ago

There is something that makes the Uthiramerur assembly constituency in Kancheepuram district special.

Andrew Holland: 'I'd Lean Towards 60-70% in Largecaps'

Andrew Holland: 'I'd Lean Towards 60-70% in Largecaps'

Rediff.com28 Apr 2026

'... with the rest split between mid and smallcaps, as valuations are becoming more attractive across segments.'

FMCG firms weigh price hikes as input costs rise

FMCG firms weigh price hikes as input costs rise

Rediff.com6 Apr 2026

Fast-moving consumer goods (FMCG) companies are closely monitoring crude oil prices and considering low single-digit price increases, while consumer durables firms have already begun passing on significant price hikes to consumers due to rising input costs exacerbated by the West Asia conflict.

Mid-Size SUVs Fuel 87% Surge in India's EV Sales in FY26

Mid-Size SUVs Fuel 87% Surge in India's EV Sales in FY26

Rediff.com27 Apr 2026

India's electric passenger vehicle market saw an 87.4 per cent year-on-year increase in FY26, reaching 233,246 units, primarily driven by the mid-size SUV segment (20-30 lakh price bracket), while the entry-level segment (sub-10 lakh) experienced a decline.