News for 'Business Standard'

Fraud Bleeds Insurers Of Rs 10,000 Crore A Year

Fraud Bleeds Insurers Of Rs 10,000 Crore A Year

Rediff.com1 Dec 2025

These losses increase insurance premiums for customers and reduce insurer margins on the other.

'TCS Can Survive Without H-1B Visas'

'TCS Can Survive Without H-1B Visas'

Rediff.com21 Oct 2025

'We sent just 500 people from India to the US on H-1B visas. There is no dependence on H-1B visas.'

Is Paytm Out Of The Woods?

Is Paytm Out Of The Woods?

Rediff.com2 Oct 2025

'This marks a turning point for Paytm, with the regulatory environment looking much clearer than it has been in the last two years.'

Tourist Footfalls Drop Across J&K, Ladakh

Tourist Footfalls Drop Across J&K, Ladakh

Rediff.com14 Oct 2025

'The Pahalgam terror attacks and the conflict that followed were a big blow to local tourism.' 'And just when things were starting to go back to normal, the floods, caused by heavy rain, spoiled all chances of a bounce-back this season.'

Where The Deadly Cough Syrup Was Made

Where The Deadly Cough Syrup Was Made

Rediff.com18 Oct 2025

Sandwiched between a Hero MotoCorp showroom and a shop that hires out cooking utensils is a small, dingy building that's been locked up. The non-descript two-room building is a manufacturing unit of Sresan Pharmaceuticals, the pharma company made its Coldriff cough syrup that has allegedly killed 25 children in Madhya Pradesh.

'Don't Consider Gold, Silver As Asset Classes'

'Don't Consider Gold, Silver As Asset Classes'

Rediff.com11 Nov 2025

'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'

'Next Samvat Could See Equities Align With Economic Growth'

'Next Samvat Could See Equities Align With Economic Growth'

Rediff.com16 Oct 2025

'The outlook for the next Samvat is more constructive, as many of the earlier drags are gradually becoming supports.'

AC, TV makers upbeat about sales amid signs of GST cuts

AC, TV makers upbeat about sales amid signs of GST cuts

Rediff.com18 Aug 2025

Consumer durables makers are hopeful that the government's proposal to reduce goods and services tax (GST) on air conditioners and television panels above 32 inches to 18 per cent would help revive the sector.

'Don't Put Significant Portion Of Portfolio In Gold, Silver'

'Don't Put Significant Portion Of Portfolio In Gold, Silver'

Rediff.com14 Oct 2025

'For most investors, I recommend a low double-digit allocation (10 to 12 per cent) to gold and silver combined.'

Indian Cars Race Abroad as Home Sales Stall

Indian Cars Race Abroad as Home Sales Stall

Rediff.com3 Oct 2025

Between April and August this financial year, passenger car exports rose 8.5 per cent year-on-year (Y-o-Y), while domestic sales fell by 8.5 per cent.

Why Is Media Silent On Kashmir Times?

Why Is Media Silent On Kashmir Times?

Rediff.com29 Nov 2025

It is shameful that Kashmir Times has been attacked in the way it has and that Anuradha Bhasin has not found more voices to speak in support of her and her paper, points out Aakar Patel.

'I Won't Wait For Decades To Get Reform Done'

'I Won't Wait For Decades To Get Reform Done'

Rediff.com19 Sep 2025

'That is going to have an impact on literally every one, whether you buy a toothpaste, a safety pin, a car, shoes or medicines or you go to a diagnostic centre.'

Tariffs: India Inc Cautions Against Knee-jerk Reaction

Tariffs: India Inc Cautions Against Knee-jerk Reaction

Rediff.com19 Aug 2025

Industry leaders urge India to pursue diplomatic talks with the US, strengthen manufacturing, and consider China ties to gain leverage against tariff pressures.

Reliance Q2 net profit rises 9.6% YoY, slips sequentially on inventory losses

Reliance Q2 net profit rises 9.6% YoY, slips sequentially on inventory losses

Rediff.com18 Oct 2025

Reliance Industries Ltd (RIL) on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment.

Over 800 IndiGo flights cancelled on day 5 as cancellation chaos persists

Over 800 IndiGo flights cancelled on day 5 as cancellation chaos persists

Rediff.com6 Dec 2025

DGCA provided temporary relief to IndiGo, which is partially owned by Rahul Bhatia, by rolling back the night duty definition to 12 am-5 am from 12 am-6 am earlier, and allowing its pilots to do six night-landings from two earlier, besides other relaxations.

Auto industry turns on heat over ICE ban, wants ban deferred

Auto industry turns on heat over ICE ban, wants ban deferred

Rediff.com18 Jul 2025

Siam argues that a 2040 ban could destabilise ongoing and future investments and threaten millions of jobs in the automotive value chain.

India's shrimp exports hit by US tariffs, UK FTA offers slim relief

India's shrimp exports hit by US tariffs, UK FTA offers slim relief

Rediff.com31 Jul 2025

India's shrimp sector was pushed into uncertainty following US President Donald Trump's decision to impose a 25 per cent tariff on all goods imported into the US from India.

RBI outlines steps to improve EPFO's investment management

RBI outlines steps to improve EPFO's investment management

Rediff.com15 Oct 2025

The RBI advisory follows a labour ministry request earlier this year seeking the central bank's expertise to identify gaps in EPFO's investment strategy and fund management practices, including accounting, risk management, and internal governance.

TCS slammed for 'downplaying large scale layoffs'; headcount falls by 19,755

TCS slammed for 'downplaying large scale layoffs'; headcount falls by 19,755

Rediff.com9 Oct 2025

Tata Consultancy Services (TCS) employee headcount fell by a massive nearly 20,000 in a single quarter, as India's largest IT services company continues to restructure workforce to align with changed business dynamics. According to Q2 FY26 data on its website, the company's headcount has dropped to 5,93,314 in September quarter as compared to 6,13,069 in June quarter, even as IT workers' union NITES accused TCS of downplaying large scale layoffs through under-reporting.

Alto, Wagon R Prices May Drop By 40,000 To 67,000

Alto, Wagon R Prices May Drop By 40,000 To 67,000

Rediff.com5 Sep 2025

'GST reduction will help larger and high-end cars too.'

'We Must Aim For 100,000 Defence Startups'

'We Must Aim For 100,000 Defence Startups'

Rediff.com4 Oct 2025

'India has the capital to invest in defence production.' 'With clear timelines and commitments, private industry can deliver surge capacity effectively.'

'Ambition to double the business within three years'

'Ambition to double the business within three years'

Rediff.com24 Feb 2025

'The way the bank is doing in the past 4-5 quarters, no reason to see why we will not be able to achieve that.'

Classify Strategic Data As 'National Asset'

Classify Strategic Data As 'National Asset'

Rediff.com29 Aug 2025

...on par with oil, power, and defence, and to restrict its storage under foreign control.

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

Rediff.com6 Dec 2025

'Where rostering systems are automated and duty time software interfaces directly with DGCA, the assertion that they suddenly discovered crew shortages is simply implausible.' 'If adequate crew planning hasn't materialised within 12 to 24 months from inception, how will 45 days -- from December 5 to February 12 -- suddenly resolve matters?'

Akasa Air's net loss widens to 1,983 crore in FY25 as costs, delays rise

Akasa Air's net loss widens to 1,983 crore in FY25 as costs, delays rise

Rediff.com1 Jul 2025

Akasa Air's standalone net loss rose 18.7 per cent year-on-year (Y-o-Y) to roughly Rs 1,983 crore in 2024-25 (FY25), driven by rising employee costs, aircraft maintenance and airport charges, and a sharp increase in foreign exchange (forex) expenses, sources privy to the development told Business Standard.

Aakash Educational moves NCLT to implead EY in edtech firm Byju's dispute

Aakash Educational moves NCLT to implead EY in edtech firm Byju's dispute

Rediff.com4 Jun 2025

The dispute between Aakash Educational Services Ltd (AESL) and edtech firm Byju's has escalated, with Aakash filing a sharply worded petition before the National Company Law Tribunal (NCLT) in Bengaluru, alleging conflict of interest and professional misconduct by global consulting firm Ernst & Young (EY), according to court filings

Bengaluru Traffic Test Corporate Patience

Bengaluru Traffic Test Corporate Patience

Rediff.com20 Sep 2025

'We do not need short-term measures but long-term ones. Companies seem to have given up on the infrastructure part. Long delays are fuelling more traffic crisis.'

'Online Real Money Games Are A Menace'

'Online Real Money Games Are A Menace'

Rediff.com21 Aug 2025

'There are cases of suicides, and middle-class families losing their entire family savings.'

'Money Is Not A Problem For Me'

'Money Is Not A Problem For Me'

Rediff.com10 Sep 2025

'I can sanction projects worth Rs 20 trillion annually as of today.' 'But my system is only capable of executing projects worth Rs 3 trillion to Rs 4 trillion.'

Will You Wear AI Glasses?

Will You Wear AI Glasses?

Rediff.com7 Aug 2025

Qualcomm has partnered with eyewear brand Lenskart to build glasses using its Snapdragon XR chipsets, which allow for on-device AI processing and spatial computing.

'India is fastest growing market for SME segment'

'India is fastest growing market for SME segment'

Rediff.com21 Jul 2025

'India is a big market for StanC, and it is also fastest growing economy in the world.'

WhatsApp's Plan For Small Businesses

WhatsApp's Plan For Small Businesses

Rediff.com13 Sep 2024

Meta announced a first-of-its-kind initiative called 'WhatsApp Bharat Yatra', where the company will go to Tier-II and Tier-III cities to provide on-ground, in-person training to small businesses.

Jio's Rs 30,000 Cr IPO: India's Largest

Jio's Rs 30,000 Cr IPO: India's Largest

Rediff.com2 Sep 2025

Reliance holds 67.03% of Jio Platforms Limited and the public listing would provide an exit to many investors.

'US Is An Important Market For Us'

'US Is An Important Market For Us'

Rediff.com5 Sep 2025

Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.

India's EU Trade Deal Has A LONG Way To Go

India's EU Trade Deal Has A LONG Way To Go

Rediff.com18 Sep 2025

'Even if tariffs are reduced, non-tariff may still remain a challenge.'

'Government Is The Source Of Our Data Leakages'

'Government Is The Source Of Our Data Leakages'

Rediff.com4 Dec 2025

'Instead of the government and telecom operators solving the mess of their own creation, they're telling us we need to give access to our phones perpetually.'

500K Free ChatGPT Licences for India

500K Free ChatGPT Licences for India

Rediff.com26 Aug 2025

OpenAI will provide 500,000 free ChatGPT licences for six months to students and teachers across government schools from classes 1 to 12, engineering and technical institutes, as well as K-12 educators.

'India Reasserting Control Over Digital Economy'

'India Reasserting Control Over Digital Economy'

Rediff.com13 Nov 2025

'What we are seeing today is India stepping into its digital confidence, not as a follower but a leader.'

From warehouses to local stores: Ola Electric shifts gear

From warehouses to local stores: Ola Electric shifts gear

Rediff.com30 Apr 2025

Amid the ongoing controversy in Maharashtra over Ola Electric stores operating without a trade certificate, sources at the Bengaluru-based electric two-wheeler manufacturer said the company is currently transitioning from a centralised warehouse model to a retail-focused approach. They emphasized that Ola Electric is ensuring all regulatory compliances are being met during this shift.

Most PSBs see decline in headcount even as branches spread

Most PSBs see decline in headcount even as branches spread

Rediff.com16 Jun 2025

At a time when the finance ministry is focusing on addressing employee grievances, the number of employees in most public-sector banks (PSBs) has declined over the last three financial years.