News for 'Business Standard the company'

Banks can now fund India Inc's M&A drive

Banks can now fund India Inc's M&A drive

Rediff.com2 Oct 2025

The Reserve Bank of India (RBI) on Wednesday met the long-standing demand of banks by allowing them to finance acquisitions by Indian companies, a move that also expands banks' capital market lending in the country.

'India Is Critical Hub For GlobalLogic's Operations'

'India Is Critical Hub For GlobalLogic's Operations'

Rediff.com30 Aug 2025

'The scale and depth of talent here plays a central role in core software product engineering for some of the biggest brands in tech.'

'Where Your Data Resides Is Now A Fundamental Question'

'Where Your Data Resides Is Now A Fundamental Question'

Rediff.com1 Sep 2025

'What we see now is a much stronger need for data sovereignty.'

RMG Cos Stunned By Ban Bill

RMG Cos Stunned By Ban Bill

Rediff.com21 Aug 2025

What has surprised the industry is that the Bill has been tabled without any consultation. Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue.

Meet India's Corporate Fraudsters

Meet India's Corporate Fraudsters

Rediff.com10 Sep 2025

The average Indian fraudster isn't an outsider exploiting security loopholes. He's usually a man between 26 and 45 years of age, working in operations or procurement, with more than six years at the organisation.

Foxconn's 'Plan B' to rescue iPhone production in India

Foxconn's 'Plan B' to rescue iPhone production in India

Rediff.com11 Jul 2025

A day after news emerged that Foxconn Technology Group was "forced" by Beijing to send back its Chinese engineers and technicians from its Tamil Nadu plant, sources indicate that the global electronics giant has already drawn up an alternative plan to rescue its India iPhone 17 production by bringing in experts from mainly Taiwan and the US.

RBI lens on 8 fintech companies in P2P lending space

RBI lens on 8 fintech companies in P2P lending space

Rediff.com28 Jan 2025

Currently there are 26 licensed players in the P2P lending sector but only 10-11 are actively operating.

'Future Generali always wanted to outgrow the industry'

'Future Generali always wanted to outgrow the industry'

Rediff.com12 Jul 2025

'This will be our first large-size bank partner, and hence, the partnership will be a game-changer for us.'

After Covid, management buyouts have seen an uptick

After Covid, management buyouts have seen an uptick

Rediff.com27 May 2025

There have been more instances of a management team buying out the owners of a company after the pandemic. There are eight such transactions, called management buyouts (MBOs), in the five years ending 2024, according to data from tracker LSEG shared with Business Standard.

The little-known BluSmart founder

The little-known BluSmart founder

Rediff.com1 May 2025

As the Jaggi brothers - Anmol Singh Jaggi and Puneet Singh Jaggi - find themselves at the heart of the financial mismanagement in the Gensol-BluSmart saga, attention on the third BluSmart co-founder, Punit K Goyal, has taken a notably different turn.

Kinetic, Lamborghini Bet Big on Electric Lifestyle Carts

Kinetic, Lamborghini Bet Big on Electric Lifestyle Carts

Rediff.com18 Jul 2025

JV to export e-carts, aim for 10% global market share, $1 bn turnover and innovation in driverless tech.

Rentals on rise: Robust office space demand set to benefit landowners

Rentals on rise: Robust office space demand set to benefit landowners

Rediff.com19 Aug 2025

Office space owners are looking at good times ahead as rentals are expected to rise due to demand for Grade A office spaces outpacing supply that has been sluggish due to construction delays, long gestation periods and developers' interests shifting to residential.

'AI Can Improve The Lives Of Millions Of Indians'

'AI Can Improve The Lives Of Millions Of Indians'

Rediff.com7 Aug 2025

'We're already seeing signs of superhuman capability.'

Casual Gaming To Gain From RMG Ban

Casual Gaming To Gain From RMG Ban

Rediff.com22 Aug 2025

'There is responsibility to make great games that are played by audiences, that fill the gap from an entertainment perspective.'

'Bureaucrats Resist Meeting Public...'

'Bureaucrats Resist Meeting Public...'

Rediff.com25 Aug 2025

'...as then it brings them closer to the complaints and grievances that the public faces.'

Air India's international cargo business takes wings, not so for IndiGo

Air India's international cargo business takes wings, not so for IndiGo

Rediff.com13 May 2024

The international cargo operations of two major carriers - IndiGo and Air India Group (Air India and Vistara) - are experiencing opposite trajectories despite both the airlines significantly expanding their international flight offerings over the past year. During the fourth quarter of 2023-24, IndiGo's international non-passenger cargo business declined to 6,848 tonnes. This is an 18.2 per cent year-on-year (Y-o-Y) decrease, according to data from the Directorate General of Civil Aviation (DGCA)

Pharma companies fight fakes with smart packaging

Pharma companies fight fakes with smart packaging

Rediff.com10 Oct 2024

Indian pharmaceutical companies are stepping up their efforts to combat the problem of counterfeit drugs, employing a variety of strategies, from packaging innovations to engaging private investigation agencies. The stakes are high, as counterfeit medicines not only harm consumers but also tarnish the reputation of leading brands.

Capgemini to buy WNS for $3.3 bn in AI boost

Capgemini to buy WNS for $3.3 bn in AI boost

Rediff.com8 Jul 2025

French information technology (IT) and consulting services major Capgemini on Monday said it would acquire Mumbai-headquartered WNS for $3.3 billion in cash. This could be one of the largest merger & acquisition deals in the IT services and business process management sector.

'Banca channel key to achieve insurance for all'

'Banca channel key to achieve insurance for all'

Rediff.com23 Aug 2025

'The kind of reach it has with so many bank branches even in the remotest part of the country, it is one channel which will play a very important role in vision of insurance for all.'

'We Aren't Security Conscious As A Nation'

'We Aren't Security Conscious As A Nation'

Rediff.com6 Nov 2025

'Government officials use Gmail and ordinary phones without basic security consciousness.' 'Interoperability, especially in joint exercises with countries like the US, worries me.' 'It often means we open our systems to them, but they don't reciprocate.' 'They could have kill switches in their systems and might even be able to affect ours.'

Real estate giant DLF aims to launch Mumbai project by next quarter

Real estate giant DLF aims to launch Mumbai project by next quarter

Rediff.com19 Jun 2025

DLF will officially launch its Mumbai housing project in the next quarter as the company has received the RERA approval a day before, while the real estate major sold out all 1,164 units in its luxury residential project Privana North securing Rs 11,000 crore revenue, DLF Homes joint managing director and chief business officer Aakash Ohri said.

'The demand for health insurance is fine'

'The demand for health insurance is fine'

Rediff.com22 Jun 2025

'The retail industry is still growing in double digits.'

IT Companies May See Recovery In June Quarter

IT Companies May See Recovery In June Quarter

Rediff.com11 Jul 2024

The June quarter is usually considered as a seasonally strong period for the IT sector.

Mid-tier IT firms outpaced larger peers' growth in FY25

Mid-tier IT firms outpaced larger peers' growth in FY25

Rediff.com22 May 2025

Mid-tier information-technology (IT) companies last financial year reported better growth numbers than their larger counterparts, highlighting their ability to navigate the uncertain macroeconomic environment. Most of these companies - such as Persistent Systems, Coforge, KPIT, and Mphasis - focus on niche businesses and industries that allow them to go deeper in terms of client mining and expanding wallet share from existing customers.

'Patience On The Markets Will Be Rewarded'

'Patience On The Markets Will Be Rewarded'

Rediff.com18 Sep 2025

'If nominal growth improves and earnings pick up, Indian stock markets could see a rally next year.'

285 Tweaks Proposed to Income Tax Bill

285 Tweaks Proposed to Income Tax Bill

Rediff.com17 Jul 2025

'The government, if it deems fit, will incorporate the changes in the Bill, take approval from the Cabinet before moving the bill for consideration and passage in the Lok Sabha.'

When Workplace Stress Turns Deadly

When Workplace Stress Turns Deadly

Rediff.com13 Aug 2025

At times, this stress reaches a tipping point, resulting in tragedy. 'Organisations need to empower their people managers to foster psychological safety, where employees feel seen, heard, and supported -- not just as professionals, but as people navigating the pressures of work and life.'

How To Get Hired By India's $68 Bn GCCs

How To Get Hired By India's $68 Bn GCCs

Rediff.com17 Sep 2025

'Employers increasingly want candidates who can take AI pilots from proof-of-concept to production-ready systems.' 'That requires governance, monitoring, and ROI measurement -- skills that go beyond coding and into business impact.'

Top 3 Indian IT companies train over 775,000 in generative AI skills

Top 3 Indian IT companies train over 775,000 in generative AI skills

Rediff.com7 May 2024

The top three Indian IT firms -- Tata Consultancy Services (TCS), Infosys and Wipro -- collectively trained over 775,000 employees in generative AI (GenAI) capability by the end of 2023-24, according to an analysis of GenAI-trained workforce of leading companies in India in this sector. This number is significantly higher that the projection made by the IT industry body Nasscom in its Strategic Review of 2023, released in February this year. It said in 2023-2024, over 650,000 employees across the IT industry received training in Gen AI skills.

'75+ IPOs Have Received SEBI Approval'

'75+ IPOs Have Received SEBI Approval'

Rediff.com28 Jul 2025

'Listing of scaled Indian subsidiaries of multinational corporations as well as of Indian conglomerates continues to remain a key theme for IPOs in India.'

New Visa Rules: Tough Times Ahead For UK-Bound Indian Grads

New Visa Rules: Tough Times Ahead For UK-Bound Indian Grads

Rediff.com15 Oct 2025

Indian graduates face tougher English tests, shorter post-study stays, higher costs and stricter settlement rules as Britain rolls out sweeping immigration reforms.

Big Tech May Miss Out on IndiaAI Mission Support

Big Tech May Miss Out on IndiaAI Mission Support

Rediff.com12 Jun 2025

'Taxpayers' money cannot be given to these companies which can access the market and buy GPUs at a competitive price from any vendor.'

'My God, The Number Of Meetings We Had On GST!'

'My God, The Number Of Meetings We Had On GST!'

Rediff.com22 Sep 2025

'It was like rigorously preparing for a solid, good exam...' 'I don't know what marks I will get, but I felt the rigorous preparation of an exam.' 'You may sweat, but I feel rejuvenated.'

IBM Can Realise ROI On AI Within 24 Months, If...

IBM Can Realise ROI On AI Within 24 Months, If...

Rediff.com27 Jun 2025

Streamlining enterprise data, having an AI policy, reskilling people, and cultural transformation have been cited by experts as key.

Tesla Gears Up in Kurla

Tesla Gears Up in Kurla

Rediff.com4 Jun 2025

Tesla's official entry into the Indian market is expected in the final quarter of the current financial year.

L&T eyes up to Rs 40K cr in pre-sales from realty business

L&T eyes up to Rs 40K cr in pre-sales from realty business

Rediff.com7 Oct 2024

Buoyed by regulatory overhaul and infrastructure boom, engineering conglomerate Larsen & Toubro (L&T) has identified realty business as one of its growth engines for the next 10 years and plans to acquire land parcels while expanding pre-sales, said a senior company executive. L&T Realty has started looking out to acquire land parcels and grab partnership development opportunities across markets to scale up its business. "We are making some strides in that direction, albeit cautiously.

Talks underway at MCA for expansion of audit companies

Talks underway at MCA for expansion of audit companies

Rediff.com24 May 2024

The Ministry of Corporate Affairs has been engaging with officials from several audit firms over the past two months to streamline the process for the expansion of audit firms in the country, according to sources familiar with the matter. These discussions have involved representatives from notable firms who have independently submitted their recommendations to the ministry.

'30-40% Of H-1B Visas Cornered By Staffing Companies'

'30-40% Of H-1B Visas Cornered By Staffing Companies'

Rediff.com20 Jan 2025

'If the Trump administration decides to put guardrails on H-1B visas, that will surely impact both US and Indian firms.'

'How Am I Supposed To Get A Job?'

'How Am I Supposed To Get A Job?'

Rediff.com8 Feb 2025

'Our phones are taken away as we enter the room.' 'They are just asking us to sign without any discussion. If you ask for a discussion, they say, 'Sign first'.'

AI Boom Fuels Demand for IT Specialists

AI Boom Fuels Demand for IT Specialists

Rediff.com21 Mar 2025

Entry level engineers for these roles can be paid between Rs 4 lakh to Rs 8 lakh annually, which can go beyond Rs 30 lakhs for people with more than eight years of experience.