News for 'Business Standard'

IHCL to reach 700 hotels by FY27, surpasses 2030 target early

IHCL to reach 700 hotels by FY27, surpasses 2030 target early

Rediff.com22 Oct 2026

Indian Hotels Company Ltd (IHCL) is set to achieve its target of 700 hotels by fiscal year 2027, significantly ahead of its original 2030 goal, driven by strong financial performance and strategic expansion plans, including the merger of Oriental Hotels Ltd.

Sebi Chairman: 'We Want Markets To Function Well With Integrity'

Sebi Chairman: 'We Want Markets To Function Well With Integrity'

Rediff.com29 Oct 2026

'They allow people to enter and exit. And there is transparency. There is market infrastructure. There is technology. There is cyber security. And then there are enough enablers.'

Darius Khambata Quits Tata Trusts

Darius Khambata Quits Tata Trusts

Rediff.com3 Nov 2026

'I was the first to caution against the potential listing of Tata Sons.'

Graduate Employment Rises, But Job Seekers Fall

Graduate Employment Rises, But Job Seekers Fall

Rediff.com20 Oct 2026

The lack of faster growth in salaried jobs may well account for the degrowth in the unemployed educated population who are actively seeking jobs.

Theatre Commands: India Awaits Top-Level Approval

Theatre Commands: India Awaits Top-Level Approval

Rediff.com24 Oct 2026

'The political leadership is very clear that we have to move towards the integration of the three services into theatre commands.'

India Could Grow Old Before Becoming Rich

India Could Grow Old Before Becoming Rich

Rediff.com28 Oct 2026

'India needs to create eight-nine million jobs annually to absorb the growth in the working-age population.' 'Failure to create productive jobs could squander the demographic advantage that we enjoy right now.'

Medical Education Abroad: New Risks For Indian Students

Medical Education Abroad: New Risks For Indian Students

Rediff.com7 days ago

Indian students pursuing medical degrees in Georgia face uncertainty over their eligibility to practise in India following a recent clarification by the National Medical Commission on the country's junior doctor status.

Microsoft rolls out voluntary exit scheme for employees in India, 3 other nations

Microsoft rolls out voluntary exit scheme for employees in India, 3 other nations

Rediff.com26 Oct 2026

Microsoft has announced a voluntary exit programme for eligible employees in India, the US, the UK, and Canada, providing financial support and career planning resources to those who choose to leave the company. The offer, available to employees at level 70 and below in participating teams, aims to offer flexibility and allow businesses to adjust their workforce.

Lifestyle Inflation Is Young Investors' Biggest Enemy

Lifestyle Inflation Is Young Investors' Biggest Enemy

Rediff.com27 Oct 2026

'As a youngster, if you are not investing in yourself and your active income, you will not be able to reach the first 1 crore mark.'

Flying Economy Costs More Than Ever

Flying Economy Costs More Than Ever

Rediff.com28 Sep 2026

Economy passengers are paying more year-on-year while business travellers are paying less.

Lifestyle Spending Beats SIPs For Gen Z

Lifestyle Spending Beats SIPs For Gen Z

Rediff.com28 Oct 2026

'It is not the market that is a competitor to SIPs . It is your lifestyle.'

Nifty 50 Warning: Just 10 Stocks Above 200-DMA

Nifty 50 Warning: Just 10 Stocks Above 200-DMA

Rediff.com15 Oct 2026

The 200-DMA is a closely watched indicator of a stock's long-term trend and can serve as an early warning of trouble.

Look beyond volatility: MF CIOs to investors

Look beyond volatility: MF CIOs to investors

Rediff.com29 Oct 2026

Leading mutual fund executives advise investors to prioritise valuations, long-term earnings potential, and asset allocation over chasing recent market winners, as global uncertainty reshapes investment opportunities. They caution against decisions based solely on recent returns and advocate for portfolios built on fundamentals.

'Jio Has The Energy And Nimbleness Of A Startup'

'Jio Has The Energy And Nimbleness Of A Startup'

Rediff.com21 Oct 2026

'... but runs with the rigour and discipline of a large enterprise.'

'IAF Takes China, Pakistan Threats Seriously'

'IAF Takes China, Pakistan Threats Seriously'

Rediff.com3 Nov 2026

'The close collaboration between Pakistan and China, and the assistance Pakistan receives, is a factor in our planning, and the IAF is building its capacity to counter precisely such collusive threats.'

US Visa Curbs May Push IT Talent Back Home

US Visa Curbs May Push IT Talent Back Home

Rediff.com7 days ago

'This creates a lot of uncertainty. I am not sure if I want to be here, but then a lot of this now depends on my company.'

How Wadhwani AI Uses AI To Predict Disease Outbreaks

How Wadhwani AI Uses AI To Predict Disease Outbreaks

Rediff.com14 Oct 2026

Wadhwani AI is working on a 'vulnerability mapping' project which determines the probability of a disease breaking out in a particular area during a particular season or time.

MRPs of 543 cancer drugs cut by up to 93%, but expensive innovator medicines untouched

MRPs of 543 cancer drugs cut by up to 93%, but expensive innovator medicines untouched

Rediff.com29 Oct 2026

India's drug price regulator, the National Pharmaceutical Pricing Authority (NPPA), has significantly reduced the maximum retail prices (MRPs) of 543 cancer drug brands and pack sizes, with some reductions reaching up to 93 per cent. However, expensive innovator drugs from multinational corporations, including high-selling Bevacizumab and immunotherapy Keytruda, remain unaffected, highlighting limitations in the price control intervention.

Mumbai Airport defers international flight shift to Navi Mumbai until March-end

Mumbai Airport defers international flight shift to Navi Mumbai until March-end

Rediff.com14 Oct 2026

Mumbai International Airport Ltd (MIAL) has informed airlines that it will not shift any international flights from Mumbai airport to Navi Mumbai airport until the end of the winter season in March next year, following discussions with the Airline Operators Committee.

Volvo Cars May Hike Prices Again Amid Rising Shipping Costs

Volvo Cars May Hike Prices Again Amid Rising Shipping Costs

Rediff.com13 Oct 2026

Geopolitical disruptions have made shipping times unpredictable and raised costs for Volvo Car India, which may have to increase vehicle prices if the situation persists, its Managing Director Jyoti Malhotra said on Monday.

3 workers die while cleaning toxic tank at Tata's Apple supply plant in TN

3 workers die while cleaning toxic tank at Tata's Apple supply plant in TN

Rediff.com1 days ago

Three contract workers tragically died from asphyxiation while cleaning a wastewater treatment tank at a Nalco Water facility within a Tata Electronics factory in Hosur, Tamil Nadu. The plant manufactures components for Apple iPhones. An inquiry has been launched into the safety regulations breach, and both Nalco Water and Apple are reportedly investigating the incident.

Akash Ambani: 'IPO Is Just The Start Of Jio's Journey'

Akash Ambani: 'IPO Is Just The Start Of Jio's Journey'

Rediff.com16 Oct 2026

'Reliance has had a very, very strong history of shareholder value and growth, and that's what we need to focus on the further journey from the IPO.'

GST Notices: CBIC Directs Year-Wise Demand Breakup, Streamlines Registration & Export Rules

GST Notices: CBIC Directs Year-Wise Demand Breakup, Streamlines Registration & Export Rules

Rediff.com28 Oct 2026

The Central Board of Indirect Taxes and Customs (CBIC) has issued new guidelines for GST officers, mandating year-wise demand breakdowns in multi-year notices, clarifying registration procedures, and streamlining export rules to reduce litigation and improve taxpayer clarity.

Goa runway incursion: AAIB cites AI Express crew error, miscommunication

Goa runway incursion: AAIB cites AI Express crew error, miscommunication

Rediff.com31 Oct 2026

The Aircraft Accident Investigation Bureau (AAIB) has identified flight crew's failure to follow instructions and misinterpretation of communication as probable causes for an Air India Express runway incursion at Goa's Dabolim airport in April, when a Navy fighter jet was taking off. The report also highlights contributory factors and makes several safety recommendations for Air India Express, AAI, and INS HANSA.

Microsoft Announces Voluntary Exit Programme For Employees

Microsoft Announces Voluntary Exit Programme For Employees

Rediff.com27 Oct 2026

Microsoft has launched a voluntary exit programme for eligible employees in India, the US, the UK, and Canada. The initiative offers financial support and career planning resources, with eligible employees in India having until December 1 to decide. The package includes severance benefits and health insurance, aiming to provide flexibility for employees and allow the company to adjust its workforce. This comes as Microsoft continues significant investments in India's AI ecosystem.

GST Bachat Utsav Gets Half Of Rs 54 Crore Ad Spend

GST Bachat Utsav Gets Half Of Rs 54 Crore Ad Spend

Rediff.com6 Oct 2026

Across all 10 schemes from FY24 to FY26, print media captured 58.8 per cent of the total ad spending, followed by electronic media at 19.5 per cent, digital media at 14.6 per cent, and outdoor media at 7.2 per cent.

'India Has Been Flat For 2 Years'

'India Has Been Flat For 2 Years'

Rediff.com30 Oct 2026

'In the past, when the Indian markets have been flat for two years, the next year's returns have ranged between 5 per cent and 55 per cent.'

35 Years On, SC Quashes FERA Case Against Standard Chartered Bank

35 Years On, SC Quashes FERA Case Against Standard Chartered Bank

Rediff.com22 Jul 2026

The Supreme Court of India has quashed criminal proceedings against Standard Chartered Bank and one of its officers in a 1991-92 Foreign Exchange Regulation Act (FERA) case, citing an extraordinary 23-year delay in prosecution and the Enforcement Directorate's failure to comply with mandatory procedural safeguards.

'India is among Standard Chartered's top five wealth markets globally'

'India is among Standard Chartered's top five wealth markets globally'

Rediff.com6 Jul 2026

"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.

Which Airlines Will Move Flights From Mumbai To Navi Mumbai?

Which Airlines Will Move Flights From Mumbai To Navi Mumbai?

Rediff.com3 Oct 2026

IndiGo will have 74 of its 224 weekly international departures affected while Air India will relocate 33 of its 100 departures.

Jio Platforms charts capex-light 6G strategy, eyes global expansion

Jio Platforms charts capex-light 6G strategy, eyes global expansion

Rediff.com16 Oct 2026

Jio Platforms (JPL) is preparing a capex-light strategy to commercially launch 6G services in the early 2030s through software upgrades, rather than fresh infrastructure investments, according to Akash Ambani, managing director of JPL.

Indian Airlines Prioritise Domestic MRO Amidst Fleet Expansion

Indian Airlines Prioritise Domestic MRO Amidst Fleet Expansion

Rediff.com7 days ago

Indian airlines are increasingly focusing on developing in-house maintenance, repair, and overhaul (MRO) capabilities to support their rapidly expanding fleets and reduce reliance on overseas facilities. This strategic shift is driven by market growth projections, with India's MRO market expected to triple to USD 9.5 billion by 2035, and recent geopolitical challenges highlighting the need for domestic capacity.

HSBC emerges as top international bank for Indian corporate fundraising

HSBC emerges as top international bank for Indian corporate fundraising

Rediff.com12 Oct 2026

HSBC has emerged as the leading international bank in facilitating fundraising for Indian companies through bonds, syndicated loans, and IPOs during January-September 2026, according to Hitendra Dave, CEO of HSBC India.

Marc Faber: 'India Is In A Bear Market'

Marc Faber: 'India Is In A Bear Market'

Rediff.com22 Oct 2026

'The Indian market has struggled over the past two years.' 'It peaked in September 2024, and although it has moved up and down since then, investors have not really made money.'

Mercedes Benz could have sold more cars in India if only...

Mercedes Benz could have sold more cars in India if only...

Rediff.com15 Oct 2026

Mercedes-Benz India's Managing Director & CEO Santosh Iyer stated that demand continues to outstrip supply, particularly for the CLA electric vehicle, with over 1,000 orders and deliveries extending to March-April 2027. The company could have sold an additional 1,000 vehicles if supply had been adequate.

Private Defence Firms Get DRDO Missile Tech Boost

Private Defence Firms Get DRDO Missile Tech Boost

Rediff.com27 Aug 2026

The move is meant to enhance the operational capability of the armed forces, reduce import dependence and increase domestic value addition.

Auto Dealers Gear Up For Robust Oct As Festival Season Bookings Rise

Auto Dealers Gear Up For Robust Oct As Festival Season Bookings Rise

Rediff.com12 Oct 2026

Automobile dealers in India are reporting healthy bookings ahead of Navratri and Dussehra, with the Federation of Automobile Dealers Associations (Fada) indicating strong confidence in a pickup in deliveries from mid-October, despite a high base from last year's GST-led surge.

Ravi Kishan's 10 Must Watch Performances

Ravi Kishan's 10 Must Watch Performances

Rediff.com3 Nov 2026

From a nostalgic TV detective to scene-stealing turns in Laapataa Ladies and Mirzapur: The Movie, we look at 10 performances that showcase Ravi Kishan's remarkable range.

EV manufacturers seek deadline extension for eDRIVE localisation norms

EV manufacturers seek deadline extension for eDRIVE localisation norms

Rediff.com1 Sep 2026

Electric commercial vehicle manufacturers in India are struggling to meet localisation requirements under the PM eDRIVE scheme, set to begin on Tuesday. The Society of Indian Automobile Manufacturers (Siam) has requested a seven-month extension until April 1, 2027, citing disruptions in the supply of rare earth magnets due to China's export restrictions and geopolitical tensions. The government is yet to decide on the request, which aims to prevent production disruptions and allow time for local supply chain development.

'Airtel Will Remain An Institution Run By Professionals'

'Airtel Will Remain An Institution Run By Professionals'

Rediff.com14 Oct 2026

'The Rs 35,000 crore of capex every year, I don't get to sign 35 paise out of this.'