News for 'Business Standard'

'Pilots Must Have Tried Everything In 50 Seconds'

'Pilots Must Have Tried Everything In 50 Seconds'

Rediff.com12 Jun 2025

'In 50 seconds, the pilots were fighting drag, trying relight, throttling up and avoiding obstacles.' 'They had neither height nor speed. There was no margin.'

'Oracle Was Little Late To Cloud Game'

'Oracle Was Little Late To Cloud Game'

Rediff.com26 Feb 2025

'We also realised that locking customers to our Cloud was not fair to them.'

India Strikes At Pakistan Airbases

India Strikes At Pakistan Airbases

Rediff.com10 May 2025

Pakistan military spokesperson Lieutenant General Ahmad Sharif Chaudhry told a hurriedly called press conference in Islamabad at around 4 am that th Pakistan air force's Nur Khan (Chaklala, Rawalpindi), Murid (Chakwal) and Rafiqui (Shorkot in Jhang district) airbases were targeted.

UPI Hits Record High In March

UPI Hits Record High In March

Rediff.com2 Apr 2025

UPI topped Rs 24 trillion in value of transactions and 19 billion in volume for the first time after becoming operational in April 2016.

'Goal is to become an AI-powered organisation'

'Goal is to become an AI-powered organisation'

Rediff.com31 Jan 2025

'Our vision is to become a GenAI managed services provider.'

Mumbai Airport's T1 To Be Demolished In October

Mumbai Airport's T1 To Be Demolished In October

Rediff.com18 Mar 2025

Reconstruction of the terminal is expected to be completed by September 2028.

Will money in hand from tax breaks spur housing demand?

Will money in hand from tax breaks spur housing demand?

Rediff.com21 Apr 2025

Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.

1 In 5 Super Rich Indians Plans To Move Abroad

1 In 5 Super Rich Indians Plans To Move Abroad

Rediff.com27 Mar 2025

These super-rich Indians intend to reside in their chosen host country permanently while retaining their Indian citizenship.

IPL PIX: MI overpower Titans; set up Punjab Kings clash in Qualifier 2

IPL PIX: MI overpower Titans; set up Punjab Kings clash in Qualifier 2

Rediff.com31 May 2025

Mumbai Indians outlasted Gujarat Titans by 20 runs in a high-scoring IPL Eliminator despite a classy effort from Sai Sudharsan.

Retail Investors Bear Brunt Of Market Crash

Retail Investors Bear Brunt Of Market Crash

Rediff.com15 Mar 2025

Retail investors have been the hardest hit in the recent market downturn, with stocks where they hold over 20% falling 45% from their 52-week highs.

Stricter Steel Rules May Crush Small Manufacturers

Stricter Steel Rules May Crush Small Manufacturers

Rediff.com13 Mar 2025

Since India relies heavily on specialised imported fasteners for critical applications in industries, such as automobiles, aerospace, electronics, and defence, their sudden unavailability will jeopardise production.

Promoter dilution in small, midcaps surges

Promoter dilution in small, midcaps surges

Rediff.com4 Oct 2024

The controlling shareholders of smaller and mid-sized companies are reducing their stakes at levels seldom seen since the 2008 global financial crisis. Over 20 per cent of companies listed on BSE MidCap and BSE SmallCap have seen a decline in promoter holdings for five consecutive quarters, reveals data from DSP Mutual Fund, shared with Business Standard. In the latest June quarter, the figure stood at 22.6 per cent.

Samsung: Workers paid 1.8x of average industry salary in Sriperumbudur

Samsung: Workers paid 1.8x of average industry salary in Sriperumbudur

Rediff.com25 Sep 2024

As the strike by Samsung Electronics employees in Sriperumbudur on the outskirts of Chennai entered its 16th day, the company on Tuesday claimed that it is paying 1.8 times of the average salary that manufacturing workers in the region are getting. "At Samsung India, the welfare of our workers is our top priority. "The average monthly salary of our full-time manufacturing workers at the Chennai plant is 1.8 times the average salary of similar workers employed at other companies in the region,"a Samsung statement said.

'Engaging With The US Is Important'

'Engaging With The US Is Important'

Rediff.com10 Apr 2025

'But I don't think the government is in a great hurry to sign the BTA.'

Hotel Rates Hit Record High In '24

Hotel Rates Hit Record High In '24

Rediff.com19 Dec 2024

Driven by a boom in domestic tourism, a record number of weddings in November and December, and a surge in extended weekend vacations.

Mamata Ready To Take On BJP For 2026

Mamata Ready To Take On BJP For 2026

Rediff.com27 Feb 2025

The TMC-led West Bengal government has already started laying the groundwork for the election, setting the tone with the recent Bengal Global Business Summit and the state Budget.

Want A US Visa? Pray to Lord Hanuman!

Want A US Visa? Pray to Lord Hanuman!

Rediff.com20 Feb 2025

As the US gets tougher with visas, the prayers of US-bound devotees in India are getting more fervent, and their purse strings looser. Called Visa Hanuman temples (there are half a dozen all over India), some of them ask for a 'fee'.

How Bank of India Plans To Counter Deposit Woes

How Bank of India Plans To Counter Deposit Woes

Rediff.com28 Nov 2024

A grooming branch network for servicing HNIs is a stepping stone for a full-fledged wealth management business.

Rupee Slide: Tough Times For Overseas Corporate Debt

Rupee Slide: Tough Times For Overseas Corporate Debt

Rediff.com16 Jan 2025

Raising overseas debt has become prohibitively expensive due to the depreciating rupee.

Fighting digital fraud: From KYC processes to advanced authentication

Fighting digital fraud: From KYC processes to advanced authentication

Rediff.com10 Feb 2025

In today's rapidly evolving digital payment landscape, security concerns remain a top priority for stakeholders across sectors.

RBI's draft circular seeks to standardise gold loan regulations

RBI's draft circular seeks to standardise gold loan regulations

Rediff.com10 Apr 2025

The Reserve Bank of India (RBI) on Wednesday came out with comprehensive draft guidelines to harmonise and regulate gold loans across all financial entities, including putting a cap of 75 per cent on loan-to-value (LTV) ratio. The draft guidelines also aim to address concerns related to certain lending practices, provide clarity on specific aspects, and strengthen the conduct-related standards in the sector.

Kerala: The Puzzled Book Of Questions

Kerala: The Puzzled Book Of Questions

Rediff.com11 Jun 2025

Can a culture survive as a way of life, even as the language and writing at its core, alter with time? Can we be rational and Malayalee or do we have to necessarily be religious and proudly cultural to be Malayalee? asks Shyam G Menon.

'Should end fourth quarter on a robust note'

'Should end fourth quarter on a robust note'

Rediff.com2 Feb 2025

'We have opened 100 branches in the last one and a half years. Our manpower is also in place.'

'We want to grow better than industry, mindful of biz quality'

'We want to grow better than industry, mindful of biz quality'

Rediff.com3 Jan 2025

'Health and motor insurance will continue to be our two most important segments'

'Retaliatory Tariffs By Us Won't Hurt US'

'Retaliatory Tariffs By Us Won't Hurt US'

Rediff.com22 Apr 2025

'When Prime Minister Modi met President Trump, they agreed to initiate a bilateral trade dialogue.' 'It makes sense to give these negotiations a chance.'

Ongoing selloff in equity market fails to close mid, smallcap valuation gap

Ongoing selloff in equity market fails to close mid, smallcap valuation gap

Rediff.com19 Feb 2025

The recent selloff in the Indian equity market has been far more painful for mid and smallcap stocks compared to largecap stocks. The benchmark BSE Sensex is now down 9.5 per cent from its record monthly closing of 84,300 at the end of September last year. In the same period, the BSE MidCap has lost 17 per cent of its value, while the BSE SmallCap has corrected by 17.1 per cent.

USAID Funding To India Declines Amid Trump's Freeze

USAID Funding To India Declines Amid Trump's Freeze

Rediff.com13 Feb 2025

'If the Bill and Melinda Gates Foundation cuts funds, there could be more impact.'

Credit Card Payments Will Be Blocked On Apps

Credit Card Payments Will Be Blocked On Apps

Rediff.com1 Jul 2024

Some of the fintechs that will get impacted include Cred, Paytm, Phonepe and Amazon Pay, among others.

Zomato's parent Eternal Q4 net profit falls 78% to Rs 39 cr

Zomato's parent Eternal Q4 net profit falls 78% to Rs 39 cr

Rediff.com2 May 2025

Eternal (formerly known as Zomato) reported a net profit of Rs 39 crore for the fourth quarter of FY25, down 77.7 per cent year-on-year from Rs 175 crore in the same period a year ago. On a sequential basis, profit was also down 33.8 per cent from Rs 59 crore in the preceding quarter (Q3FY25).

Budget Prepares For Rise In Cancer Cases

Budget Prepares For Rise In Cancer Cases

Rediff.com3 Feb 2025

Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?

'BC network has to be commercially viable'

'BC network has to be commercially viable'

Rediff.com20 Feb 2025

'With a very stable technology with limited functionalities, a large network has spanned out.'

'No Politics When It Comes To The Country's Finances'

'No Politics When It Comes To The Country's Finances'

Rediff.com2 Apr 2025

'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'

'Tariffs will hurt insurance, patients and everyone'

'Tariffs will hurt insurance, patients and everyone'

Rediff.com10 Feb 2025

After registering a net profit of Rs 25.1 crore in Q3FY25 and consolidated revenues growing by 7 per cent on a like-for-like basis, Siddharth Mittal, chief executive officer (CEO) and managing director, Biocon, told Sohini Das/Business Standard in a virtual interaction that local manufacturing in the US is a trade off between cost and qualifying to do business there.

Raymond Realty may get listed in Q2FY26: CEO

Raymond Realty may get listed in Q2FY26: CEO

Rediff.com9 Dec 2024

Raymond Limited's real estate arm, Raymond Realty, plans to get listed during the second quarter of the next financial year (Q2FY26), according to Harmohan Sahni, chief executive officer (CEO), Raymond Realty. "We are expecting the order by June-July 2025 as far as the National Company Law Tribunal (NCLT) is concerned.

'Trump's Gaza-Ukraine Resolution to Benefit India'

'Trump's Gaza-Ukraine Resolution to Benefit India'

Rediff.com13 Feb 2025

'Geopolitical stability could remove the crude oil risk premium.'

RBL Bank's business trajectory remains intact

RBL Bank's business trajectory remains intact

Rediff.com11 Dec 2023

'We are committed to achieving the targets we had outlined.'

Startups To Altman: Make OpenAI Affordable

Startups To Altman: Make OpenAI Affordable

Rediff.com6 Feb 2025

'There is need for India-specific pricing.' 'Google, Microsoft and others also have different pricing.' 'It is important for OpenAI to think on these lines as the global pricing may not work in the Indian context.'

USTR Report Intensifies Trade Tensions With India

USTR Report Intensifies Trade Tensions With India

Rediff.com2 Apr 2025

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.

'IAF's Job Is To Keep India Secure'

'IAF's Job Is To Keep India Secure'

Rediff.com24 Feb 2025

'Today's situation is unacceptable. It has the potential to affect the IAF's operational capability.'

Why This Banker Didn't Get Promoted!

Why This Banker Didn't Get Promoted!

Rediff.com2 May 2025

The bank made a Rs 67 crore net profit, up 21% from the previous year. Its deposits grew 8%, the loan book 10%. Net bad loans dropped from 7.53% to 6.07%. So why was the banker, who headed the bank, not promoted?