News for 'Commercial Service'

IBM To Lay Off Thousands Of Employees

IBM To Lay Off Thousands Of Employees

Rediff.com6 Nov 2025

The technology major confirmed that a 'low single-digit percentage' of its 270,000 employees would be affected in the fourth quarter of 2025.

Airtel to approach DoT on AGR in coming days: MD

Airtel to approach DoT on AGR in coming days: MD

Rediff.com5 Nov 2025

Telecom firm Bharti Airtel will approach the government on the adjusted gross revenue (AGR) it has to pay the exchequer following the Supreme Court's judgment that the government can reassess all AGR dues, according to vice-chairman and managing director Gopal Vittal.

'Indians Are Better Suited Than Most Other Countries'

'Indians Are Better Suited Than Most Other Countries'

Rediff.com1 Dec 2025

'Because of the size and complexity of the economy, we can address almost every job that is there, from agriculture farming to healthcare.'

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.

This MLA Wants Workers To Have The Right To Disconnect

This MLA Wants Workers To Have The Right To Disconnect

Rediff.com5 Nov 2025

The debate over working hours flared up after Infosys Co-founder N R Narayana Murthy called for 14-hour workdays.

Bihar Polls: Makhana Turns Into Political Hot Potato

Bihar Polls: Makhana Turns Into Political Hot Potato

Rediff.com10 Nov 2025

As it gains commercial viability, the food will likely become a powerful political currency.

RBI announces slew of measures to promote rupee

RBI announces slew of measures to promote rupee

Rediff.com1 Oct 2025

In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday announced a slew of measures, including allowing banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka for bilateral trade.

At Rs 1.45 trillion, Tata Motors sheds 40 pc of pre-merger valuation

At Rs 1.45 trillion, Tata Motors sheds 40 pc of pre-merger valuation

Rediff.com16 Oct 2025

The passenger vehicle (PV) business of Tata Motors, which also includes the electric vehicle and Jaguar Land Rover businesses, post-demerger is now valued at Rs 1.45 trillion.

After 5 years, India, China to resume direct flights this month

After 5 years, India, China to resume direct flights this month

Rediff.com2 Oct 2025

India and China will resume direct flight services by the end of this month after a five-year gap, signaling an effort to rebuild ties strained by the border standoff in eastern Ladakh.

Why Banks Are Struggling For Deposits

Why Banks Are Struggling For Deposits

Rediff.com19 Nov 2025

As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends, points out Tamal Bandyopadhyay.

Fresh launches and upscale offerings to fuel M&M's growth

Fresh launches and upscale offerings to fuel M&M's growth

Rediff.com13 Nov 2025

Brokerages expect the company to continue outperforming in the auto segment, driven by launches and the strong trajectory of healthy bookings.

IPL's Valuation Hits Flat Pitch

IPL's Valuation Hits Flat Pitch

Rediff.com16 Oct 2025

The IPL's overall valuation fell by 8 per cent to Rs 76,100 crore in 2025.

'Emirates NBD Is In RBL For 15-20 Years'

'Emirates NBD Is In RBL For 15-20 Years'

Rediff.com29 Oct 2025

'It is not looking at valuation, but investment, growth and ultimately better profit for stakeholders.'

Pilot Training In India Is Below The Mark

Pilot Training In India Is Below The Mark

Rediff.com14 Oct 2025

The principal problem lies in lack of training infrastructure and relatively lax safety standards.

Adani Energy Q2 net profit dips 28% to Rs 557 cr

Adani Energy Q2 net profit dips 28% to Rs 557 cr

Rediff.com27 Oct 2025

Adani Energy Solutions on Monday posted a 28 per cent decline in consolidated net profit to Rs 557.10 crore for the September quarter, mainly due to one-time adjustment of deferred tax of Rs 314 crore in the year-ago period. Adani Energy Solutions Ltd (AESL) had reported a net profit of Rs 773 crore in the July-September quarter of the last fiscal.

JF-17 engine sale to Pak benefits India, claims Russian experts

JF-17 engine sale to Pak benefits India, claims Russian experts

Rediff.com6 Oct 2025

A Russian defence expert says the reported sale of RD-93 engines to Pakistan for integration into the JF-17 will actually benefit India, dismissing criticism of the Indian government by the opposition.

When Women In Blue Stayed At NRI Homes During Tours!

When Women In Blue Stayed At NRI Homes During Tours!

Rediff.com1 Nov 2025

There was no money, sponsors didn't make a beeline and foreign tours were an ordeal, but there were women of steel who believed in the old adage that "the show must go on." And Nutan Gavaskar was the first among equals, one of the torchbearers of the women's cricket movement in India back then in 1973.

Tech Mahindra profit down 4.5%, sees limited impact from H-1B visa fees

Tech Mahindra profit down 4.5%, sees limited impact from H-1B visa fees

Rediff.com15 Oct 2025

Tech Mahindra's net profit declined 4.5 per cent to 1,195 crore in the September quarter over a year earlier. It was, however, slightly higher than 1,141 crore sequentially.

Centre races to rescue failing power discoms

Centre races to rescue failing power discoms

Rediff.com24 Nov 2025

After four failed reform drives, a new plan aims to rescue India's debt-laden power discoms through privatisation, accountability and long-term financial fixes.

Ammonium nitrate, fuel oil, detonators used in Red Fort blast

Ammonium nitrate, fuel oil, detonators used in Red Fort blast

Rediff.com11 Nov 2025

According to sources, a man named Tariq from Pulwama, Jammu and Kashmir, who has been arrested, is said to have given the Hyundai i20 car to Umar Mohammad.

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

Delhi HC protects Abhishek Bachchan's personality rights

Delhi HC protects Abhishek Bachchan's personality rights

Rediff.com12 Sep 2025

The Delhi high court has protected the personality rights of Bollywood actor Abhishek Bachchan, restraining websites and online platforms from illegally using his name or images for commercial gain without his consent.

Realty's Next Address: SPR, Sohna Power NCR's Growth

Realty's Next Address: SPR, Sohna Power NCR's Growth

Rediff.com18 Oct 2025

Part-I of this three-part series dives into Delhi-NCR's SPR, Sohna, Dwarka Expressway, and Jewar Airport leading the charge.

China commissions 3rd aircraft carrier: Should India worry?

China commissions 3rd aircraft carrier: Should India worry?

Rediff.com7 Nov 2025

China has commissioned its third aircraft carrier, the Fujian, featuring advanced electromagnetic catapults, amidst rising tensions and military modernization efforts.

Carmakers post record sales in Oct driven by GST rate cut

Carmakers post record sales in Oct driven by GST rate cut

Rediff.com1 Nov 2025

Top carmakers led by Maruti Suzuki, Mahindra & Mahindra, Tata Motors Passenger Vehicles and Kia India on Saturday reported record sales in the domestic market riding on festive demand boosted by GST rate cut. Other manufacturers such as Skoda Auto India and Toyota Kirloskar Motor also posted impressive growth in sales in October.

Weight Loss Drug Mounjaro Registers Rs 80 Cr Sales

Weight Loss Drug Mounjaro Registers Rs 80 Cr Sales

Rediff.com8 Oct 2025

The bumper rise is due to the rising demand for the drug and patients' gradual shift towards its higher dosage.

Delhi 10/11 blast: Pulwama doctor was driving Hyundai i20 car

Delhi 10/11 blast: Pulwama doctor was driving Hyundai i20 car

Rediff.com11 Nov 2025

Hours before the blast in Delhi, eight people, including three doctors, were arrested and 2,900 kg of explosives were seized with the uncovering of a "white collar" terror module on Monday.

Sri Lanka: Paradiso For Travellers

Sri Lanka: Paradiso For Travellers

Rediff.com25 Nov 2025

Sri Lanka stays with you not just in memory, but gently reminds you what a society can achieve when heart and heritage guide the way.

Reits keep lights on for India's office leasing as market flickers

Reits keep lights on for India's office leasing as market flickers

Rediff.com13 Oct 2025

With average returns of 18 per cent over the past year, listed real estate investment trusts (Reits) have clearly outperformed both the Nifty Realty index and the Sensex. Over the same period, Nifty Realty fell 15.5 per cent, while the benchmark index was largely unchanged. Steady office leasing, the Securities and Exchange Board of India's (Sebi's) decision to reclassify Reits as equity instruments, and ongoing portfolio expansion have strengthened the sector's appeal.

SC orders Railways to compensate widow after 20-year legal battle

SC orders Railways to compensate widow after 20-year legal battle

Rediff.com22 Oct 2025

The Supreme Court intervened to ensure a tragedy-struck widow received compensation from the Railways after a 20-year legal battle following her husband's death in a train accident.

Power network sharing plan will face 3 key challenges

Power network sharing plan will face 3 key challenges

Rediff.com16 Oct 2025

The ambitious proposal by the power ministry to allow network sharing between distribution licensees operating in the same geographical area will face three key challenges, said a former bureaucrat.

Sitharaman on the merits of next gen GST reforms

Sitharaman on the merits of next gen GST reforms

Rediff.com2 Sep 2025

The next generation GST reforms would 'absolutely' set an economy open and transparent with further reduction in compliance burden and benefiting small businesses, Union Finance Minister Nirmala Sitharaman said on Tuesday.

India's cricket jersey gets new sponsor - Apollo Tyres

India's cricket jersey gets new sponsor - Apollo Tyres

Rediff.com16 Sep 2025

Apollo Tyres has been locked in as the new jersey sponsor for the Indian cricket team following the exit of online game platform Dream11, a senior BCCI official told PTI on Tuesday.

'Don't Quit Your Job To Start a Business'

'Don't Quit Your Job To Start a Business'

Rediff.com7 Oct 2025

Yamuna Kalyani reveals how she battled stereotypes to build UniteAR, an augmented reality platform that helps users create interactive AR experiences for personal and commercial purposes.

Delhi HC protects Karan Johar's personality rights

Delhi HC protects Karan Johar's personality rights

Rediff.com20 Sep 2025

The Delhi High Court has protected the personality and publicity rights of filmmaker and producer Karan Johar by restraining several websites and platforms from illegally using his name, image and persona for commercial gains.

Indian-American named NASA's associate administrator

Indian-American named NASA's associate administrator

Rediff.com4 Sep 2025

Amit Kshatriya, a decorated Indian-American and NASA veteran, has been appointed as NASA's new associate administrator, marking a significant step in the agency's exploration efforts.

Armed forces gear up for counter-drone exercise in Oct

Armed forces gear up for counter-drone exercise in Oct

Rediff.com23 Sep 2025

The Indian armed forces will conduct an exercise to test the capabilities of its drones and counter-drone systems. The exercise, named 'Cold Start', will involve all three services and will take place in Madhya Pradesh.

Elon Musk's Starlink gets nod to offer satellite internet in India

Elon Musk's Starlink gets nod to offer satellite internet in India

Rediff.com9 Jul 2025

India's space regulator INSPACe has granted a license to Starlink to offer space-based internet services in the country. The authorization is valid for five years and subject to regulatory provisions and clearances.

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Rediff.com30 Sep 2025

Tata Capital is set to launch India's largest ever initial public offering (IPO) by a non-banking financial company (NBFC), valuing the Tata group firm at Rs 1.38 trillion. This will make the company India's fifth-most-valued NBFC after Bajaj Finance (Rs 6.12 trillion), Bajaj Finserv (Rs 3.2 trillion), Jio Financial Services (Rs 1.87 trillion), and IRFC (Rs 1.59 trillion).

'Insurance Sector Is At An Unstable Equilibrium'

'Insurance Sector Is At An Unstable Equilibrium'

Rediff.com3 Nov 2025

'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'