News for 'Commerce'

Sonu Nigam issues apology hours after justifying his remarks

Sonu Nigam issues apology hours after justifying his remarks

Rediff.com6 May 2025

Singer Sonu Nigam has issued an apology following a controversy at a concert in Bengaluru. The singer, known for tracks like "Abhi Mujh Mein Kahin", "Dil Dooba" and "No Entry", said his love for Karnataka is bigger than his ego. The incident took place on April 25 when Nigam was performing at a college in Bengaluru and a group of boys threatened him to sing in the Kannada language. Nigam responded by saying, "Kannada. Kannada. This is the reason behind the incident in Pahalgam." Many found comments made by Nigam hurtful and an FIR was registered against him at the Avalahalli Police Station in Bengaluru. The Karnataka Film Chamber of Commerce (KFCC) announced a 'non-cooperation' campaign against Nigam for his allegedly controversial remark, which hurt the sentiments of the Kannadaigas.

Kamal Haasan moves HC for 'Thug Life' release amid Kannada row

Kamal Haasan moves HC for 'Thug Life' release amid Kannada row

Rediff.com2 Jun 2025

The move comes in response to the Karnataka Film Chamber of Commerce's (KFCC) recent announcement that it would not permit the screening of the film in Karnataka unless Haasan issues a public apology for his comment suggesting that Kannada evolved from Tamil.

Realty firms eye revenue upside, portfolio diversification from data centre boom

Realty firms eye revenue upside, portfolio diversification from data centre boom

Rediff.com24 Jun 2025

Data centres are increasingly becoming a key part of the real estate landscape, as reality firms - with rich expertise in land acquisition, construction and dealing with government approvals - are seeing them as opportunities to build long-term assets with continuous revenue flow.

'Whole World Is Under A Cloud Of Uncertainty'

'Whole World Is Under A Cloud Of Uncertainty'

Rediff.com30 May 2025

The CII Business Summit 2025's inaugural session witnessed a rousing standing ovation and a felicitation ceremony for the defence top brass sending a strong message about India's rising military industrial complex and hghlghting that security is a top-of-the-mind issue for India Inc.

MEA Pushes For Quick Resolution To China's Rare Earth Curbs

MEA Pushes For Quick Resolution To China's Rare Earth Curbs

Rediff.com13 Jun 2025

'We remain in touch with the Chinese side, in Beijing as well as in Delhi, to bring predictability in the supply chain.'

China hits US with 125% tariffs, Xi seeks EU support

China hits US with 125% tariffs, Xi seeks EU support

Rediff.com11 Apr 2025

China on Friday raised its additional tariffs on imports from the United States to 125 per cent in retaliation to the Trump administration's 145 per cent levies on Chinese exports.

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).

MCom Or MBA: Which Is Better For Your Future?

MCom Or MBA: Which Is Better For Your Future?

Rediff.com11 Jun 2025

rediffGURU Patrick Dsouza, founder of Patrick100 counsels students, and aspiring professionals about the scope of an MBA degree.

Amazon enters India's $15 bn diagnostics market with At-Home testing

Amazon enters India's $15 bn diagnostics market with At-Home testing

Rediff.com23 Jun 2025

Amazon India has launched Amazon Diagnostics, an at-home healthcare service that allows customers to book lab tests, schedule appointments and receive digital reports directly via the Amazon app. Initially available in six cities-Bengaluru, Delhi, Gurgaon, Noida, Mumbai and Hyderabad-the service covers more than 450 PIN codes and offers access to over 800 diagnostic tests.

India's smartphone exports soar in FY25

India's smartphone exports soar in FY25

Rediff.com18 May 2025

India's smartphone exports surged nearly fivefold to the US and about fourfold to Japan in the past three years, propelling the segment to surpass petroleum products and diamonds as the country's top exported goods, according to government data. The smartphone exports rose by 55 per cent to $24.14 billion in 2024-25 from $15.57 billion in 2023-24 and $10.96 billion in 2022-23.

Kamal Haasan not to release Thug Life in Karnataka

Kamal Haasan not to release Thug Life in Karnataka

Rediff.com4 Jun 2025

Kamal Haasan starrer Thug Life will not be released in Karnataka on June 5, the scheduled date for the pan-India release of the much-anticipated movie, its producers informed the Karnataka high court on Tuesday.

Apology could've saved the situation, HC tells Kamal Haasan

Apology could've saved the situation, HC tells Kamal Haasan

Rediff.com3 Jun 2025

The Karnataka high court on Tuesday strongly criticised actor and filmmaker Kamal Haasan for his recent remark suggesting that "Kannada was born out of Tamil", and observed that a "single apology could have resolved the situation."

'US Is Only Arm-Twisting'

'US Is Only Arm-Twisting'

Rediff.com13 Jun 2025

'There is nothing bilateral about this deal.'

How India plans to tackle possible import surge from China, others

How India plans to tackle possible import surge from China, others

Rediff.com7 Apr 2025

The government has set up an inter-ministerial group to monitor a possible surge in imports from countries like China, Vietnam and Thailand, fearing a surge in inbound shipments following the imposition of high reciprocal tariffs by the US on these countries, sources said. The product categories that may see an upsurge in diversion of imports from the US to India include consumer goods, electronics, chemicals and steel.

Will China start talks with US on tariff reduction?

Will China start talks with US on tariff reduction?

Rediff.com2 May 2025

China on Friday said it is assessing whether to start trade talks with the US on tariff reductions following recent approaches by Washington, a move that would possibly ease the tit-for-tit tariff war between the world's two largest economies. "China is making assessments as the United States has recently reached out to convey messages to China through relevant parties many times, expressing hope to engage in talks with Beijing over tariff issues," the Chinese Commerce Ministry said in a statement in Beijing.

Digipin: Mapping Addresses Digitally

Digipin: Mapping Addresses Digitally

Rediff.com16 Jun 2025

Digipin promises to revolutionise location-based services in India with safeguards.

Kamal Haasan's film to be banned in Karnataka if he doesn't apologise

Kamal Haasan's film to be banned in Karnataka if he doesn't apologise

Rediff.com30 May 2025

Karnataka Film Chamber of Commerce (KFCC) said on Thursday that it will not allow the release of Kamal Haasan's film Thug Life in Karnataka unless he issues a public apology by May 30 for his controversial remark about the Kannada language.

Investments In Startups On The Decline

Investments In Startups On The Decline

Rediff.com15 Apr 2025

In the hottest sector of AI, where most global VC funding is going currently, the country's record has not been anything to write home about.

Without imposition, we will learn: Kamal Haasan on Hindi row

Without imposition, we will learn: Kamal Haasan on Hindi row

Rediff.com7 Jun 2025

Where does Kamal Haasan stand on the issue of imposition of Hindi in the south? "I stand with Punjab. I stand with Karnataka. I stand with Andhra," is his quick reply.

'India is a land of opportunities'

'India is a land of opportunities'

Rediff.com13 May 2025

'We've maintained that India is a high-penetration game. It's not only a premiumisation game.'

Indian pharma firms not copying products of Swiss cos: Goyal

Indian pharma firms not copying products of Swiss cos: Goyal

Rediff.com10 Jun 2025

Dismissing allegations that Indian phacosrmaceutical companies copy products of Swiss firms, Commerce and Industry Minister Piyush Goyal on Tuesday said it is a long-standing myth and India respects intellectual property rights and never steals technology from others. He said that Swiss pharmaceutical companies have not shown even a single instance that Indian companies have illegally copied any of their trademarks or patents or copyrighted technology.

Rare Earth Magnet Shortage: Will China Play Ball?

Rare Earth Magnet Shortage: Will China Play Ball?

Rediff.com25 Jun 2025

The 17 rare earth elements that are at the centre of the current crisis are critical components of everyday products -- from cars to jet engines to electronics like smartphones and flat-screen TVs.

Centre expects US to consider visa applications of Indian students

Centre expects US to consider visa applications of Indian students

Rediff.com29 May 2025

India on Thursday said it expects the United States to consider visa applications of Indian students on merit amid growing concerns over the Trump administration halting new student visa interviews.

Roshni Kumari: Auto Driver's Daughter Tops Bihar Board!

Roshni Kumari: Auto Driver's Daughter Tops Bihar Board!

Rediff.com26 Mar 2025

Roshni Kumari, an autorickshaw driver's daughter from Vaishali district, topped Bihar's Class 12 board examination in the commerce stream.

The Red Sea crisis: Commerce department flags rising import cost

The Red Sea crisis: Commerce department flags rising import cost

Rediff.com23 Jan 2024

However, as of now, container availability has not been seen as an issue as adequate empties are available. The Red Sea strait is vital for 30 per cent of global container traffic and 12 per cent of global trade.

'I'd Like To Think I'm The Cool Dad'

'I'd Like To Think I'm The Cool Dad'

Rediff.com15 Jun 2025

Today, says Ajit Menon, CEO, PGIM India Mutual Fund, he's pretty much cruising on the parenting highway but that wasn't always the case.

Air India crash: Focus shifts to decoding black box

Air India crash: Focus shifts to decoding black box

Rediff.com19 Jun 2025

A week after the devastating Air India plane crash in Ahmedabad claimed 270 lives, investigators on Thursday continued to sift for clues to ascertain the cause, while the government said the Aircraft Accident Investigation Bureau will decide where to decode the black box of the ill-fated Dreamliner.

Chronology of events leading to conclusion of India, UK FTA

Chronology of events leading to conclusion of India, UK FTA

Rediff.com7 May 2025

Prime Minister Narendra Modi and (the then) UK Prime Minister Boris Johnson launched an 'Enhanced Trade Partnership' (ETP) to unleash the trade potential between the two economies. As part of the ETP, they agreed on a roadmap to negotiate a comprehensive and balanced FTA.

Shakti Dubey tops 2024 civil services exam; women dominate top 5

Shakti Dubey tops 2024 civil services exam; women dominate top 5

Rediff.com22 Apr 2025

Shakti Dubey has topped the civil services examination 2024, with Harshita Goyal and Dongre Archit Parag getting the second and third ranks, the Union Public Service Commission (UPSC) announced on Tuesday. The top five successful candidates comprise three women and two men. The civil services examination is conducted annually in three stages -- preliminary, main and interview -- by the UPSC to select officers of the Indian Administrative Service (IAS), Indian Foreign Service (IFS) and Indian Police Service (IPS) among others. A total of 1,009 candidates -- 725 men and 284 women -- have been recommended by the UPSC for appointment to various services.

Trump pulls NASA nominee Issacman days after Musk's White House exit

Trump pulls NASA nominee Issacman days after Musk's White House exit

Rediff.com1 Jun 2025

Isaacman's removal comes just days after Elon Musk's official departure from the White House, where the SpaceX CEO was serving in the role of a "special government employee" leading the Department of Government Efficiency.

'We Don't Negotiate At Gunpoint'

'We Don't Negotiate At Gunpoint'

Rediff.com12 Apr 2025

A government official said India and the US are exploring an interim trade deal within 90 days.

Zepto CEO Aadit Palicha accuses rival company's CFO of smear campaign

Zepto CEO Aadit Palicha accuses rival company's CFO of smear campaign

Rediff.com26 May 2025

Zepto co-founder and CEO Aadit Palicha has accused the chief financial officer of a competing company of orchestrating a smear campaign against his quick commerce platform. In a LinkedIn post on late Sunday, Palicha, not taking names, alleged that the CFO of one of Zepto's competitor firms has been reaching out to Zepto's investors with unsubstantiated claims, distributing false financial data to journalists, and employing bots to spread negative narratives about Zepto on social media.

Addressing non-tariff barriers key for India, EU trade pact: Goyal

Addressing non-tariff barriers key for India, EU trade pact: Goyal

Rediff.com12 Jun 2025

Finding solutions to address non-tariff barriers would be important for the proposed free trade agreement (FTA) between India and the European Union (EU) and both sides are actively working on resolving these issues, Commerce and Industry Minister Piyush Goyal said on Thursday. He said the two sides are "pretty" close to finalising the talks for the proposed free trade pact.

10 Ways India-Pak Tensions Affected Bollywood

10 Ways India-Pak Tensions Affected Bollywood

Rediff.com13 May 2025

Bollywood has come out in full support and shown solidarity to Indian army by postponing film releases and several events post the deadly Pahalgam attack and India's Operation Sindoor

India rejects role of US tariff threat behind Pak ceasefire

India rejects role of US tariff threat behind Pak ceasefire

Rediff.com30 May 2025

India on Thursday said the issue of trade did not come up at all in talks between Indian and American leaders during its military clashes with Pakistan, virtually rejecting Washington's repeated claims that its offer of trade stopped the confrontation.

SC slams K'taka govt, paves way for Kamal's Thug Life release in state

SC slams K'taka govt, paves way for Kamal's Thug Life release in state

Rediff.com17 Jun 2025

The Supreme Court on Tuesday came down heavily on the Karnataka government over actor Kamal Haasan's film "Thug Life" not being released in the state, saying mob and vigilantes cannot be allowed to take to the streets.

India, US trade talks to start from April 23 in Washington

India, US trade talks to start from April 23 in Washington

Rediff.com23 Apr 2025

Indian and US officials will begin deliberations on the proposed bilateral trade agreement in Washington from Wednesday with an aim to iron out issues and give an impetus to the negotiations.

Complaint filed against Kamal Haasan, ban on film likely

Complaint filed against Kamal Haasan, ban on film likely

Rediff.com28 May 2025

Actor Kamal Haasan has sparked outrage in Karnataka after he said "Tamil gave birth to Kannada" at an event in Chennai. Pro-Kannada groups have staged protests across the state, demanding an apology from the actor. They have also threatened to disrupt screenings of his upcoming film "Thug Life" in Karnataka. The Karnataka Film Chamber of Commerce is also set to discuss a possible ban on the actor.

I will apologise if...: Kamal Haasan on Kannada row

I will apologise if...: Kamal Haasan on Kannada row

Rediff.com30 May 2025

Kamal Haasan stoked a controversy during the audio launch event for his film Thug Life in Chennai, by remarking that Kannada was born out of Tamil.

Amazon India ends referral fees on 12 million products

Amazon India ends referral fees on 12 million products

Rediff.com31 Mar 2025

In its highest ever reduction in seller fees, ecommerce giant Amazon India has introduced zero referral charges on over 12 million products on its platform that are priced below Rs 300. The move is aimed at boosting seller growth on Amazon.in and supporting hundreds of thousands small businesses across the country.