News for 'Company'

India's Largest Listed Holding Company...

India's Largest Listed Holding Company...

Rediff.com6 days ago

The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.

Six Companies Set to Launch IPOs, Targetting Rs 5,600 Crore Next Week

Six Companies Set to Launch IPOs, Targetting Rs 5,600 Crore Next Week

Rediff.com7 days ago

Six companies, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart, are poised to collectively raise nearly Rs 5,600 crore through initial public offerings (IPOs) in the upcoming week, adding to the bustling primary market activity.

20 additional CRPF companies deployed in Delhi amid protests

20 additional CRPF companies deployed in Delhi amid protests

Rediff.com22 Jul 2026

The Centre has ordered the deployment of 20 additional companies of the Central Reserve Police Force (CRPF) in Delhi. These forces are being airlifted from West Bengal to strengthen security measures in response to CJP protests, demonstrations by various political parties, and the ongoing Parliament session, following instances of violent clashes.

Andrea Pirlo's Italy coach bid ends amid Russian betting company controversy

Andrea Pirlo's Italy coach bid ends amid Russian betting company controversy

Rediff.com27 Jul 2026

Former Italy international Andrea Pirlo has withdrawn from contention for the national team's head coach position after his commercial ties to Russian betting company Fonbet drew significant criticism and opposition from Italian football officials and lawmakers.

How 'Boss Scam' Cyber Fraud Targets Indian Companies

How 'Boss Scam' Cyber Fraud Targets Indian Companies

Rediff.com17 Jul 2026

India's markets regulator, Sebi, has issued a warning to listed companies and regulated entities about an emerging cyber fraud known as the "Boss Scam." This scam involves fraudsters impersonating senior officials like CEOs or MDs to trick finance teams into transferring funds, often using advanced AI tools or malicious software. Sebi advises organisations to verify requests independently and report incidents to prevent financial losses.

IT companies risk losing ground to AI-native firms: S&P Global

IT companies risk losing ground to AI-native firms: S&P Global

Rediff.com14 Jul 2026

Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.

Indian Hotels Company Set for Strong Growth Driven by Domestic Demand, Acquisitions

Indian Hotels Company Set for Strong Growth Driven by Domestic Demand, Acquisitions

Rediff.com10 Jul 2026

Indian Hotels Company Ltd (IHCL) is expected to benefit from higher room rates, rising occupancy, and strategic acquisitions, with analysts projecting double-digit revenue growth for FY27 driven by strong domestic demand and a favourable demand-supply dynamic.

US de-lists 4 Indian companies sanctioned over Russia links

US de-lists 4 Indian companies sanctioned over Russia links

Rediff.com1 Jul 2026

The United States has removed four Indian companies from its sanctions list, which had been accused of supplying advanced technology and equipment to Russia's military-industrial complex. The de-listed firms include RRG Engineering Technologies, Lokesh Machines, Galaxy Bearings, and Shaurya Aeronautics, previously sanctioned for exporting dual-use items to Russian entities.

How Did Tata Group Fare Under Chandra?

How Did Tata Group Fare Under Chandra?

Rediff.com2 days ago

N Chandrasekaran not only faces muted financial performance from the group's listed companies, but also mounting losses at Tata Sons' unlisted subsidiaries, many of which have been set up by him in the last decade.

GX Group Boosts Domestic Photonics Manufacturing

GX Group Boosts Domestic Photonics Manufacturing

Rediff.com11 hours ago

Broadband technology firm GX Group is set to commence manufacturing operations at its advanced photonics facility in India from December, investing Rs 500 crore. This initiative aims to strengthen domestic manufacturing, create skilled jobs, and reduce dependence on imported optical components crucial for high-speed data networks and AI data centres.

Zomato, Zepto, Swiggy, Urban Company, Porter Challenge Karnataka Gig Workers Act

Zomato, Zepto, Swiggy, Urban Company, Porter Challenge Karnataka Gig Workers Act

Rediff.com1 Jul 2026

'If there are different laws governing the same subject, it can increase the compliance burden on platforms. The process would be easier and more transparent if there were a singular national-level law.'

Skoda Bets Big On India With CNG, Diesel and EVs

Skoda Bets Big On India With CNG, Diesel and EVs

Rediff.com4 days ago

Skoda Auto is strategically navigating the competitive Indian automotive market by prioritising profitable growth, exploring new powertrain options like CNG and a limited diesel return, and gearing up for a locally produced electric SUV, all while expanding its retail footprint.

Milky Mist Dairy Food shares list with nearly 18% premium on debut

Milky Mist Dairy Food shares list with nearly 18% premium on debut

Rediff.com5 days ago

Shares of packaged food company Milky Mist Dairy Food Ltd listed with a premium of nearly 18 per cent against its issue price of Rs 140, reaching a market valuation of Rs 13,968.81 crore.

Why Are Indian IT Firms Cutting H-1B Applications?

Why Are Indian IT Firms Cutting H-1B Applications?

Rediff.com2 days ago

Indian IT companies have significantly reduced their fresh H-1B visa applications for US FY27, a direct consequence of soaring fees imposed by the Trump administration and new lottery system changes that prioritise higher-salaried employees, leading to a seven-year low in registrations.

Supreme Court Orders CBI Probe into ED Allegations Against Former Indiabulls Housing Finance Promoter

Supreme Court Orders CBI Probe into ED Allegations Against Former Indiabulls Housing Finance Promoter

Rediff.com4 days ago

The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.

Shiprocket stock jumps 35% on market debut, valued at over Rs 9,900 crore

Shiprocket stock jumps 35% on market debut, valued at over Rs 9,900 crore

Rediff.com4 days ago

E-commerce enablement platform Shiprocket Ltd saw its shares list with a 35 per cent premium on its market debut, trading at Rs 129.50 on the BSE and Rs 131 on the NSE against an issue price of Rs 97, achieving a market valuation of Rs 9,901.60 crore.

Foreign Firms' Investment Intensity in India Falls Since FY20: EAC-PM

Foreign Firms' Investment Intensity in India Falls Since FY20: EAC-PM

Rediff.com2 days ago

A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) reveals a continuous decline in the rate at which foreign-owned firms invest in fixed assets in India since the FY20 peak, contrasting with a steady increase from Indian business groups.

Tata Sons Listing: Suspense Continues

Tata Sons Listing: Suspense Continues

Rediff.com2 days ago

Tata Sons approached the RBI in 2024 seeking de-registration after becoming debt-free, a move that would allow it to remain a privately held, unlisted company. The application has remained pending.

How Cashfree Payments Achieved Significant Loss Reduction And Revenue Growth In FY26

How Cashfree Payments Achieved Significant Loss Reduction And Revenue Growth In FY26

Rediff.com3 days ago

Fintech company Cashfree Payments India Private Limited has significantly reduced its consolidated net losses to Rs 118.5 crore in FY26 from Rs 154 crore in FY25. The firm also saw a substantial revenue growth of over 51 per cent, reaching Rs 967.4 crore. Co-founder & CEO Akash Sinha highlighted achieving EBITDA profitability in March 2026 and outlined plans for full-year profitability in FY27, driven by growth in SMB and cross-border payments.

Aditya Birla Capital targets 1,000 gold loan branches in three years

Aditya Birla Capital targets 1,000 gold loan branches in three years

Rediff.com3 days ago

Aditya Birla Capital has entered the gold loan business, aiming to establish 1,000 branches within three years, capitalising on the strong structural growth and surge in demand for gold-backed credit in India.

Zerodha Co-founder Nikhil Kamath Backs CtrlS With Rs 200 Crore Investment

Zerodha Co-founder Nikhil Kamath Backs CtrlS With Rs 200 Crore Investment

Rediff.com4 days ago

Zerodha co-founder Nikhil Kamath has invested Rs 200 crore in CtrlS, a hyperscale data centre company, with entrepreneur Sreeram Reddy Vanga adding Rs 50 crore. This capital infusion will fuel CtrlS's infrastructure expansion and capacity growth across India, addressing the rising demand from enterprises and hyperscale clients driven by AI, cloud, and digital advancements.

Titan's Jewellery Business Sparkles in Q1, Driving Robust Growth and Investor Confidence

Titan's Jewellery Business Sparkles in Q1, Driving Robust Growth and Investor Confidence

Rediff.com5 days ago

Titan Company reported a strong first-quarter performance for FY27, primarily driven by its jewellery segment, which saw a 30 per cent growth in sales. This robust Q1, coupled with expectations of continued outperformance, has led brokerages to raise earnings estimates and boosted the company's stock.

Indian IT firms see uptick in outcome-based deals driven by AI

Indian IT firms see uptick in outcome-based deals driven by AI

Rediff.com2 days ago

Indian IT companies are experiencing a growing trend towards outcome-based pricing models, moving away from traditional time and material or fixed-price contracts, as artificial intelligence reshapes client engagement and deal structures.

India launches Rs 62,500 crore mobile production scheme to boost local brands

India launches Rs 62,500 crore mobile production scheme to boost local brands

Rediff.com1 days ago

India has launched the ~62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to incentivise domestic production and strengthen Indian mobile phone brands, offering production-linked incentives and additional benefits for local component sourcing.

India Inc navigates West Asia conflict: Rising costs, price hikes, and margin pressures

India Inc navigates West Asia conflict: Rising costs, price hikes, and margin pressures

Rediff.com5 days ago

India Inc's first-quarter earnings season was significantly impacted by the West Asia conflict, leading to rising costs, calibrated price increases, and margin pressures across various sectors including FMCG, automotive, steel, and cement. Companies are implementing price hikes to protect profitability, with many anticipating further escalations if input costs remain elevated.

New 'boss' scam to dupe corporate employees busted

New 'boss' scam to dupe corporate employees busted

Rediff.com5 days ago

Ahmedabad Cyber Crime Branch has uncovered a Rs 1.5 crore WhatsApp fraud, leading to the arrest of two key SIM and OTP suppliers in West Bengal. The investigation revealed a sophisticated international cybercrime network spanning China, Pakistan, India, and Hong Kong, operating a "boss scam" and utilizing a "Cybercrime as a Service" model. Police recovered a significant portion of the defrauded amount and secured thousands of devices.

Tata Sons AGM adjourned due to lack of quorum

Tata Sons AGM adjourned due to lack of quorum

Rediff.com5 days ago

A crucial annual general meeting (AGM) of Tata Sons, the primary holding company of the Tata conglomerate, was adjourned due to a lack of quorum, specifically the absence of representatives from the Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT). The SRTT is currently under restrictions from the Maharashtra Charities Commissioner, preventing it from making major decisions or holding meetings, which impacted its ability to participate.

The EPlane Company Unveils E200X Electric Air Taxi Prototype

The EPlane Company Unveils E200X Electric Air Taxi Prototype

Rediff.com24 Jun 2026

Chennai-based deep-tech startup The ePlane Company has successfully completed the assembly of its full-scale electric air taxi, the e200X. This prototype, designated PT-01, is now ready for ground testing, marking a significant step towards flight testing and eventual type certification. The versatile e200X is designed for passenger air taxi services, urban cargo transport, and air ambulance operations, aiming to leverage existing city infrastructure.

Indian billionaire Lakshmi Mittal's Ukraine steel plant hit in Russian strike, 2 killed

Indian billionaire Lakshmi Mittal's Ukraine steel plant hit in Russian strike, 2 killed

Rediff.com6 days ago

A Russian missile strike on the ArcelorMittal steel plant in Kryvyi Rih, Ukraine, has resulted in two fatalities and 13 injuries. The attack partially disrupted operations at the country's largest steelworks, owned by Indian billionaire Lakshmi Mittal, damaging key energy and blast furnace facilities. Search and rescue efforts are underway, and the extent of the damage is being assessed.

Tata Motors to hike passenger vehicle prices by up to Rs 25,000 from September 1

Tata Motors to hike passenger vehicle prices by up to Rs 25,000 from September 1

Rediff.com2 days ago

Tata Motors Passenger Vehicles Ltd (TMPV) announced a price hike of up to Rs 25,000 across its ICE and electric vehicle models, effective September 1, to mitigate rising input costs and inflationary pressures.

Bengaluru Gets First Gemini Enterprise Experience Centre

Bengaluru Gets First Gemini Enterprise Experience Centre

Rediff.com4 days ago

Econz IT Services, in partnership with Google Cloud, has launched Bengaluru's first Gemini Enterprise Experience Centre. This centre provides an immersive environment for businesses to develop and deploy advanced Agentic AI solutions, marking a significant step in enterprise AI innovation in the region.

Floe AI Model Tackles India's Multilingual Communication Challenges

Floe AI Model Tackles India's Multilingual Communication Challenges

Rediff.com4 days ago

Blue Machines AI has launched Floe, a context-aware language detection model designed for AI agents. Floe distinguishes between code-mixing and genuine language switches in multimodal interactions, supporting over 10 Indic languages with ultra-low latency. It aims to improve enterprise AI conversations by understanding user intent in multilingual settings.

Only 9 Women CEOs, 25 Women MDs in Top 500

Only 9 Women CEOs, 25 Women MDs in Top 500

Rediff.com13 Aug 2026

The top 500 listed companies had 860 women directors or board members overall.

'FY27 Should Be A Recovery Year For India'

'FY27 Should Be A Recovery Year For India'

Rediff.com4 days ago

'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'

India's Regional Air Connectivity Set To Soar With Electric Seaplanes

India's Regional Air Connectivity Set To Soar With Electric Seaplanes

Rediff.com6 days ago

SkyHop Aviation has partnered with Norwegian firm NOEMI Aerospace to explore deploying electric seaplanes in India and South Asia, aiming to enhance regional air connectivity. The collaboration includes evaluating NOEMI's aircraft for SkyHop's fleet, with plans to induct up to 10 by FY2030, and exploring manufacturing opportunities in India.

'Noel Tata May Want To Appoint Somebody'

'Noel Tata May Want To Appoint Somebody'

Rediff.com3 days ago

'whom he believes in ... or whom he has faith in. But we don't know whether that person will be competent or not. This will lead to a lot of uncertainty in the minds of investors and shareholders of the Tata group companies.'

Tata Sons AGM likely to be adjourned due to Sir Ratan Tata Trust's regulatory issue

Tata Sons AGM likely to be adjourned due to Sir Ratan Tata Trust's regulatory issue

Rediff.com6 days ago

The Annual General Meeting (AGM) of Tata Sons, scheduled for Tuesday, is likely to be adjourned because the Sir Ratan Tata Trust (SRTT), a major shareholder, cannot nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner.

'We are on your side': Polish envoy backs right to pursue terrorists

'We are on your side': Polish envoy backs right to pursue terrorists

Rediff.com2 days ago

Polish envoy Piotr Antoni Switalski stated that Poland stands with India in the fight against terrorism, asserting his country's support for India's right to pursue terrorists globally, while also highlighting strong cultural and defence ties between the two nations.

Tata Motors PV: Margin Pressures May Dampen Strong Volume Growth

Tata Motors PV: Margin Pressures May Dampen Strong Volume Growth

Rediff.com1 days ago

Tata Motors Passenger Vehicles (TMPV) reported Q1FY27 results showing significant margin pressures at both Jaguar Land Rover (JLR) and its domestic operations, despite strong volume growth in the India business. Analysts expect these margin headwinds to persist, potentially offsetting gains from increased sales and new launches.

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Reliance, Rolls-Royce join hands to build India's fighter jet engine

Rediff.com14 Aug 2026

Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.