News for 'Company'

20 additional CRPF companies deployed in Delhi amid protests

20 additional CRPF companies deployed in Delhi amid protests

Rediff.com4 days ago

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.

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.

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.'

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.

FSSAI issues notices to 8 food companies over misleading 'healthy' claims

FSSAI issues notices to 8 food companies over misleading 'healthy' claims

Rediff.com14 Jun 2026

The Food Safety and Standards Authority of India (FSSAI) has issued notices to eight food business operators, including Emami Healthy & Tasty and Plan B, for using misleading brand names, trade names, and product claims that violate the Food Safety and Standards Act, 2006.

Thane Finance Company Duped With Fake Jewellery

Thane Finance Company Duped With Fake Jewellery

Rediff.com28 May 2026

A finance company in Thane, Maharashtra, has reported being defrauded of Rs 25.96 lakh by five individuals who allegedly mortgaged fake jewellery to obtain loans. Police are investigating the case, which reportedly occurred in 2025.

IPO Rush: Zepto, Shiprocket, Truhome Finance set for August debut

IPO Rush: Zepto, Shiprocket, Truhome Finance set for August debut

Rediff.com1 hour ago

More than a dozen companies, including quick commerce firm Zepto, logistics platform Shiprocket, and housing finance company Truhome Finance, are preparing to launch their initial public offerings (IPOs) next month, collectively aiming to raise over Rs 25,000 crore.

Delhi Court Remands Man In D-Company, ISI Nexus Probe

Delhi Court Remands Man In D-Company, ISI Nexus Probe

Rediff.com4 Jun 2026

A Delhi court has remanded Huzaifa Farooque Ahmed Hashmi to five days' police custody following his arrest by the Delhi Police Special Cell and Maharashtra ATS. He is accused of having links with a D-Company operative and Pakistan's ISI, with investigators presenting evidence of his contact with a Pakistan-based operative. The case is part of a broader probe into the alleged Mumbai underworld-Pakistan ISI nexus.

Nvidia CEO Jensen Huang Calls Marvell A 'Trillion-Dollar Company'

Nvidia CEO Jensen Huang Calls Marvell A 'Trillion-Dollar Company'

Rediff.com3 Jun 2026

Nvidia CEO Jensen Huang has publicly endorsed Marvell Technology as a potential 'trillion-dollar company,' citing its crucial role in developing advanced connectivity solutions for next-generation artificial intelligence infrastructure. This endorsement, made at Computex 2026, follows a significant Nvidia investment in Marvell and highlights the industry's shift towards optical interconnects to meet the demands of large-scale AI systems.

Former India spinner Rajesh Chauhan booked in transport contract fraud case

Former India spinner Rajesh Chauhan booked in transport contract fraud case

Rediff.com1 days ago

Former India cricketer Rajesh Chauhan has been booked for allegedly cheating a man of over Rs 15 lakh by promising a transport contract with a steel company, a case registered on court orders under Section 316(2) of the Bharatiya Nyay Sanhita.

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

Rediff.com3 days ago

Mobile payments pioneer Paytm reported significant growth in its UPI payments business for Q1 FY27, driven by app simplification, AI investments, and a focus on attracting Gen Z customers. The company saw a 45% year-on-year increase in Consumer UPI Gross Transaction Value and a rise of 60 lakh in Monthly Transacting Users, outpacing the industry. Paytm's strategy prioritises customer retention and product innovation, leading to a profitable quarter with strong revenue and EBITDA growth, further supported by AI-led operational efficiencies and an India-focused language model.

TVS Motor's Q1 net profit jumps 57% on record sales, robust demand across segments

TVS Motor's Q1 net profit jumps 57% on record sales, robust demand across segments

Rediff.com4 days ago

TVS Motor Company reported a significant 56.8 per cent year-on-year increase in net profit to 1,036 crore in Q1FY27, driven by record sales volumes, an improved product mix, and robust demand in both domestic and international markets, with management anticipating continued double-digit industry growth.

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Rediff.com3 days ago

Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.

BPCL, HPCL Report Huge Q1FY27 Losses Due to High Crude Oil Prices

BPCL, HPCL Report Huge Q1FY27 Losses Due to High Crude Oil Prices

Rediff.com3 days ago

State-owned refiners Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have reported substantial losses for the first quarter of financial year 2026-27 (Q1FY27), primarily driven by a sharp increase in crude oil prices exacerbated by the ongoing West Asia crisis and suppressed marketing margins on petroleum products.

Infosys Q1 Net Profit Up 12.2%, Lowers Full-Year Revenue Growth Forecast

Infosys Q1 Net Profit Up 12.2%, Lowers Full-Year Revenue Growth Forecast

Rediff.com3 days ago

Infosys reported a 12.2 per cent year-on-year increase in consolidated net profit for the June quarter, reaching Rs 7,769 crore, but simultaneously lowered its full-year FY27 revenue growth outlook to 1.5-3 per cent, citing an uncertain macro-environment.

Half of Indian companies to adopt AI payroll in a year, ADP report finds

Half of Indian companies to adopt AI payroll in a year, ADP report finds

Rediff.com12 Jun 2026

A new report by ADP reveals that one in two Indian companies plan to adopt AI-powered payroll systems within the next 12 months, driven by the need for automation in workforce management, compliance, and compensation decisions. However, firms are increasingly cautious about data protection risks, especially with the implementation of the Digital Personal Data Protection (DPDP) Act, 2023.

Bira 91 Founder Ankur Jain Exits Board, Executive Roles Following Settlement

Bira 91 Founder Ankur Jain Exits Board, Executive Roles Following Settlement

Rediff.com4 days ago

Bira 91 founder Ankur Jain and his family have stepped down from the board and executive positions of B9 Beverages, the parent company, after reaching a settlement with the craft beer maker's lenders and investors.

Infosys trims FY27 revenue guidance, citing 'uncertain macros'

Infosys trims FY27 revenue guidance, citing 'uncertain macros'

Rediff.com2 days ago

Infosys has revised down the upper end of its revenue growth target for financial year 2027 (FY27) to 1.5-3 per cent, from the earlier 1.5-3.5 per cent, attributing the change to persistent macroeconomic uncertainty and a one-time client impact.

'India's First Substantive Judicial Engagement With AI'

'India's First Substantive Judicial Engagement With AI'

Rediff.com1 days ago

The judgment is India's first to examine AI companies' use of copyrighted works for foundation models, setting an analytical framework for Section 52 of the Copyright Act.

HCLTech to invest Rs 15,000 crore in AI data centre, global tech hub in Odisha

HCLTech to invest Rs 15,000 crore in AI data centre, global tech hub in Odisha

Rediff.com1 days ago

HCLTech, India's third-largest IT services company, announced plans to establish a global technology centre and an AI-optimised data centre in Bhubaneswar, Odisha, with a total investment of approximately Rs 15,000 crore, marking its entry into the AI infrastructure business.

D-Company-ISI Nexus: Thane Court Grants Transit Remand For Suspect

D-Company-ISI Nexus: Thane Court Grants Transit Remand For Suspect

Rediff.com4 Jun 2026

A Thane court has granted transit remand for Huzaifa Farooque Ahmed Hashmi, arrested for alleged links to a D-Company operative and Pakistan's ISI. Investigators presented evidence of his contact with a Pakistan-based operative and his association with Mumbai underworld figure Munna Jhingada, as agencies probe the alleged underworld-ISI nexus.

Maruti Suzuki announces price hike of up to Rs 30,000 across models from August

Maruti Suzuki announces price hike of up to Rs 30,000 across models from August

Rediff.com4 days ago

Maruti Suzuki India will increase the prices of its vehicles by up to Rs 30,000 across all models from August 2026, citing a sustained increase in input costs.

Mercedes-Benz India to launch more hybrid vehicles, undeterred by policy support gaps

Mercedes-Benz India to launch more hybrid vehicles, undeterred by policy support gaps

Rediff.com3 days ago

Mercedes-Benz India plans to continue introducing hybrid vehicles, including the new AMG E 53 plug-in hybrid EV, to meet consumer demand, viewing hybrids as a crucial bridge to full electrification despite the absence of supportive government policies.

IHCL's Q1 net profit up 20% despite West Asia tensions impacting international travel

IHCL's Q1 net profit up 20% despite West Asia tensions impacting international travel

Rediff.com4 days ago

Indian Hotels Company (IHCL) reported a 20.8 per cent year-on-year rise in net profit for Q1 FY27, reaching 357.9 crore, despite macroeconomic headwinds like geopolitical tensions in West Asia impacting international travel and airline catering business.

Eternal's Q1 net profit nearly quadruples to Rs 92 crore, driven by Zomato and Blinkit's strong performance

Eternal's Q1 net profit nearly quadruples to Rs 92 crore, driven by Zomato and Blinkit's strong performance

Rediff.com3 days ago

Eternal, the parent company of Zomato and Blinkit, reported a nearly fourfold increase in net profit to 92 crore for Q1FY27, primarily due to operational gains and the strong performance of its quick commerce business, Blinkit.

Dr Reddy's Labs plunges 69% to Rs 443 crore, hit by lenalidomide exit and semaglutide issues

Dr Reddy's Labs plunges 69% to Rs 443 crore, hit by lenalidomide exit and semaglutide issues

Rediff.com3 days ago

Dr Reddy's Laboratories reported a 68.7 per cent year-on-year decline in consolidated net profit to Rs 443.5 crore in Q1 FY27, primarily due to the end of its lenalidomide sales agreement, a Rs 240-crore provision for semaglutide API inventory quality issues, and elevated freight costs.

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

Rediff.com2 days ago

Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

Rediff.com2 days ago

Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.

Maruti Brezza Targets First-Time SUV Buyers

Maruti Brezza Targets First-Time SUV Buyers

Rediff.com2 days ago

The refreshed Brezza will target first-time, replacement and additional-car buyers as Maruti responds to changing preferences and intensifying competition in compact SUVs.

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Rediff.com6 days ago

Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Indo MIM Eyes Engine Applications Amidst Robust Aerospace Growth

Rediff.com6 days ago

Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.

Manipal Health to launch India's largest healthcare IPO on July 29, aiming for Rs 9,275 crore

Manipal Health to launch India's largest healthcare IPO on July 29, aiming for Rs 9,275 crore

Rediff.com1 days ago

Manipal Health Enterprises is set to launch India's largest healthcare initial public offering (IPO) on July 29, aiming to raise Rs 9,275.22 crore to fund expansion and debt reduction, with the issue closing on July 31.

How Premji Invest Built $43 Billion AI Empire

How Premji Invest Built $43 Billion AI Empire

Rediff.com6 days ago

Azim Premji's private investment firm, Premji Invest, has quietly built a formidable portfolio of 11 AI startups, primarily in the US, with a combined valuation of $43 billion. The firm has participated in 19 funding rounds since 2021, with a notable focus on US-based companies, many of which were founded by Indian entrepreneurs.

Cipla Q1 net profit drops 39% to Rs 785.55 crore, North America sales down

Cipla Q1 net profit drops 39% to Rs 785.55 crore, North America sales down

Rediff.com3 days ago

Homegrown pharma major Cipla Ltd reported a 39 per cent decline in consolidated net profit to Rs 785.55 crore in the first quarter ended June 2026, primarily due to a dip in sales in the North American market and higher expenses.

L&T Finance posts strong Q1FY27 results, eyes AI-led growth and gold loan expansion

L&T Finance posts strong Q1FY27 results, eyes AI-led growth and gold loan expansion

Rediff.com3 days ago

L&T Finance reported a robust Q1FY27 with net profit growing 29% year-on-year to 900 crore, driven by strong asset growth and strategic initiatives including accelerating cross-selling, improving productivity, and fostering a technology-first, AI-led culture, alongside significant expansion in gold loans.

Bajaj Auto to expand annual capacity to over 9 million vehicles after record Q1 performance

Bajaj Auto to expand annual capacity to over 9 million vehicles after record Q1 performance

Rediff.com4 days ago

Bajaj Auto plans to increase its annual production capacity by nearly 25 per cent, from around 7 million to over 9 million vehicles, in the coming quarters. This expansion is driven by strong export demand and rapid growth in electric vehicles, which have stretched current capacity across key product segments.

Kurnool's Drone City To Host National Roundtable On August 18

Kurnool's Drone City To Host National Roundtable On August 18

Rediff.com4 days ago

Andhra Pradesh's "Drone City" in Kurnool district will host a national roundtable on drones on August 18, with the Civil Aviation Minister and up to 40 drone companies expected to attend. This initiative aims to boost the drone sector, which is projected to create 40,000 jobs.