News for 'Company'

Delhi scooter rider killed in Mercedes hit-and-run; driver held after 2 days

Delhi scooter rider killed in Mercedes hit-and-run; driver held after 2 days

Rediff.com7 Jul 2026

In a hit-and-run case, a scooter rider was killed after being struck by a Mercedes car in northwest Delhi's Jahangirpuri area, the police said on Tuesday. The driver of the luxury car was arrested on Tuesday in connection with the accident that took place on July 5 near the foot overbridge at the Jahangirpuri Bus Stand on the Outer Ring Road.

'We Treat Retirement Like A Distant Destination'

'We Treat Retirement Like A Distant Destination'

Rediff.com1 Jul 2026

If you have ever said 'I'll sort retirement later,' now is when 'later' begins.

Indian Talent Continues To Ascend Global Tech Leadership Ranks

Indian Talent Continues To Ascend Global Tech Leadership Ranks

Rediff.com22 Jun 2026

Kunal Shah, founder of CRED, has been appointed global head of WhatsApp, joining a growing list of Indian-origin executives leading major technology companies worldwide. This trend underscores the increasing demand for Indian talent in strategic leadership roles across Silicon Valley.

One 97 Communications Subsidiary Gets European Payment Institution Licence

One 97 Communications Subsidiary Gets European Payment Institution Licence

Rediff.com3 Jul 2026

One 97 Communications, operating as Paytm, announced that its subsidiary, Paytm Europe Payments, has secured a payment institution licence from Luxembourg's financial regulator, CSSF, effective July 2, 2026. This licence permits services like execution of payment transactions, credit transfers, and acquiring payment transactions, marking a significant step in Paytm's European expansion strategy, supported by a recent 9 million euro investment from Paytm Cloud Technologies Limited.

Mumbai's first desalination plant on course, to add 200 MLD a day

Mumbai's first desalination plant on course, to add 200 MLD a day

Rediff.com3 Jul 2026

The Maharashtra government has confirmed that Mumbai's first desalination project is moving forward, with a work order issued and key clearances secured. This 200 MLD project, undertaken by the BMC, aims to address the city's growing water demand and will result in a minor tariff hike of 15-17 paise per litre.

One killed, 20 injured after major fire at naphtha pipeline in Bengal

One killed, 20 injured after major fire at naphtha pipeline in Bengal

Rediff.com30 Jun 2026

One person died, and more than 20 others were injured after a major fire broke out in a naphtha-carrying pipeline of Haldia Petrochemicals Ltd (HPL) in West Bengal's Purba Medinipur district in the early hours of Tuesday, the police said.

4 killed in landslide, wall collapse in Pune, two swept away; 500 shifted

4 killed in landslide, wall collapse in Pune, two swept away; 500 shifted

Rediff.com7 Jul 2026

A landslide in Maval tehsil, Pune district, has buried a house, with three family members feared trapped. Rescue operations are underway by NDRF and police, while heavy rainfall has also caused waterlogging and partial closure of the Mumbai-Pune Expressway.

SETL Invests Rs 500 Crore In AI Datacenter Sector With GScale Energy Acquisition

SETL Invests Rs 500 Crore In AI Datacenter Sector With GScale Energy Acquisition

Rediff.com25 Jun 2026

Hyderabad-based SETL, a precision engineering company, has acquired a 51% majority stake in GScale Energy Private Limited, an AI Datacenter Engineering infrastructure specialist. This strategic move involves an initial investment of Rs 190 crore, with a total commitment of Rs 500 crore, marking SETL's expansion into the rapidly growing AI Datacenter sector and leveraging its expertise from pharmaceutical and chemical industries.

Adani Power to invest Rs 2 trn over 5 years

Adani Power to invest Rs 2 trn over 5 years

Rediff.com25 Jun 2026

Adani Group Chairman Gautam Adani announced a capital expenditure programme of over 2 trillion for Adani Power, aiming for 45 gigawatts (Gw) capacity in five years, including a significant entry into nuclear power with a target of 10 Gw by 2035 through Adani Atomic Energy.

Fadnavis orders probe into harassment complaint at Spanish firm in Pune

Fadnavis orders probe into harassment complaint at Spanish firm in Pune

Rediff.com24 Jun 2026

Maharashtra Chief Minister Devendra Fadnavis has ordered probes into multiple allegations of sexual harassment and forced religious conversion at a Spanish multinational in Pune, a government-run ITI in Solapur, and a TCS unit in Nashik. The CM highlighted a pattern of such incidents in corporate firms and suggested forming a panel of women legislators to review existing laws and recommend improvements.

Who Should Pay On A First Date? It's Complicated, Says Gen Z

Who Should Pay On A First Date? It's Complicated, Says Gen Z

Rediff.com8 Jul 2026

A viral Rs 370 biryani debate has reignited an age-old dating question. Should the man pay, should couples split the bill or does it depend on the situation? We asked Gen Z and dating experts.

'Is It A Demographic Curse?'

'Is It A Demographic Curse?'

Rediff.com8 Jul 2026

'The main problem the country faces is not low GDP growth, but low employment growth.'

Novartis Launches Prostate Cancer Radiotherapy

Novartis Launches Prostate Cancer Radiotherapy

Rediff.com23 Jun 2026

The launch highlights the growing maturity of India's nuclear medicine ecosystem.

How Adidas Is Winning The World Cup Brand War Against Nike

How Adidas Is Winning The World Cup Brand War Against Nike

Rediff.com25 Jun 2026

Early data from the World Cup indicates that sportswear giant Adidas is currently gaining a significant advantage over rival Nike in brand visibility and sales. Adidas, an official sponsor, is seeing a substantial surge in apparel spending and foot traffic, particularly driven by jersey sales. While Nike's business is also growing, it is being outpaced by Adidas, which appears to have a more resonant product offering. Nike, facing declining market share and intense competition, is relying on the World Cup for a boost, though its footwear presence remains strong.

Takaichi's Assam visit cancelled, Modi to host Japan PM in New Delhi

Takaichi's Assam visit cancelled, Modi to host Japan PM in New Delhi

Rediff.com24 Jun 2026

The planned India-Japan annual summit, featuring Japanese PM Sanae Takaichi and Indian PM Narendra Modi, has been moved from Guwahati to New Delhi due to logistical issues and Takaichi's tight schedule. The summit, scheduled for July 1-3, aims to boost bilateral ties with discussions on investment, supply chain deals, energy resilience, and strategic oil reserves, accompanied by a delegation of 50 Japanese companies.

Govt to lift curbs on petrol, diesel sales to commercial buyers from Jul 1

Govt to lift curbs on petrol, diesel sales to commercial buyers from Jul 1

Rediff.com29 Jun 2026

The government will lift restrictions on the sale of petrol and diesel to commercial and industrial consumers from July 1, easing emergency measures imposed to manage fuel supplies.

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Radhika Gupta, Edelweiss: 'Hopefully, The Worst Is Behind Us'

Rediff.com4 Jul 2026

'Investors shouldn't let fear dictate their decisions. The most important step is simply to begin investing.'

Govt cracks whip on Meta over child sexual abuse material on Instagram

Govt cracks whip on Meta over child sexual abuse material on Instagram

Rediff.com5 Jul 2026

The government has issued a stern notice to Meta on Child Sexual Exploitative and Abuse Material (CSEAM) in paid advertisements on Instagram, sources said on Sunday.

Delhi dowry death: 'She hoped earning more would help end abuse'

Delhi dowry death: 'She hoped earning more would help end abuse'

Rediff.com7 Jul 2026

A 28-year-old newlywed Delhi woman, Akriti Sutar, who died after allegedly falling from a building, had hoped that returning to work and earning money would help her gradually end the dowry-related taunts and abuse she faced at her matrimonial home, her brother revealed.

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Rediff.com19 Jun 2026

Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.

Govt investigating reported Tata Electronics data leak

Govt investigating reported Tata Electronics data leak

Rediff.com3 Jul 2026

India's Ministry of Electronics and Information Technology (MeitY) has sought an explanation from WhatsApp regarding its username feature, citing concerns over potential cybercrime facilitation. Concurrently, the ministry is investigating reported data leak allegations involving Tata Electronics, a key supplier for Apple's iPhone components in India. MeitY is also exploring techno-legal solutions for VPNs to address challenges posed by unregistered providers operating from outside India.

India to supply BrahMos, Astra missiles to Indonesia; backs Indo-Pacific peace

India to supply BrahMos, Astra missiles to Indonesia; backs Indo-Pacific peace

Rediff.com7 Jul 2026

Prime Minister Narendra Modi and Indonesian President Prabowo Subianto have significantly advanced the India-Indonesia Comprehensive Strategic Partnership, securing crucial agreements on defence, critical minerals, and maritime security, including BrahMos missile supply and Sabang port development.

Jio Platforms set for mega IPO of 27 crore equity shares; eyes 5G, AI expansion

Jio Platforms set for mega IPO of 27 crore equity shares; eyes 5G, AI expansion

Rediff.com19 Jun 2026

Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has approved filing draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares, aiming to unlock value for shareholders and fuel its ambitious expansion into 5G, AI, and global markets.

Amazon CEO Andy Jassy unveils massive India qcomm expansion plan

Amazon CEO Andy Jassy unveils massive India qcomm expansion plan

Rediff.com24 Jun 2026

Amazon CEO Andy Jassy has announced a significant expansion of the company's quick commerce business, Amazon Now, to over 300 Indian cities, aiming to build the country's largest delivery-in-minutes network. This move follows a recent USD 35 billion investment commitment by Amazon in India.

Gulf Crisis: How India Avoided Economic Turmoil

Gulf Crisis: How India Avoided Economic Turmoil

Rediff.com7 Jul 2026

Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.

Wimbledon steps up heat measures as London temperatures rise

Wimbledon steps up heat measures as London temperatures rise

Rediff.com3 Jul 2026

With the temperatures set to rise again in London, Wimbledon chiefs and accommodation organisers are making sure that the fans and players have what they need to keep cool.

Vedanta Aluminium Metal set to be top performer post-demerger

Vedanta Aluminium Metal set to be top performer post-demerger

Rediff.com24 Jun 2026

The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.

India Inc payout to shareholders grows slower than profit for third straight year

India Inc payout to shareholders grows slower than profit for third straight year

Rediff.com17 Jun 2026

Shareholder payouts by India Inc, including dividends and buybacks, increased by 2.2 per cent year-on-year in FY26 to $5.06 trillion, but this growth lagged the 18.8 per cent rise in reported net profit for the third consecutive year, leading to the lowest dividend payout ratio in 12 years.

Maha panel to combat corporate sector harassment, conversions

Maha panel to combat corporate sector harassment, conversions

Rediff.com25 Jun 2026

Maharashtra Chief Minister Devendra Fadnavis announced the formation of a committee of women legislators to amend laws and ensure effective implementation against harassment and religious conversion in the corporate sector. This decision follows an incident at a TCS unit in Nashik involving alleged exploitation and forced conversion, which is currently under SIT investigation. Probes have also been ordered into similar complaints at a Spanish multinational in Pune and a government ITI in Solapur, highlighting a broader issue of workplace misconduct.

Matthew Hayden: ETPL's future lies in developing Europe's next cricket stars

Matthew Hayden: ETPL's future lies in developing Europe's next cricket stars

Rediff.com4 Jul 2026

Matthew Hayden says the European T20 Premier League can establish itself as a talent-development platform for Europe's associate nations, stressing that ETPL's strength lies in creating pathways to global franchise cricket rather than competing with the IPL.

Mission Aagaman Gets Boost As Vikram-1 Readies For Historic Liftoff

Mission Aagaman Gets Boost As Vikram-1 Readies For Historic Liftoff

Rediff.com3 Jul 2026

'With Vikram-1, we take our biggest step yet towards a reliable, high-cadence launch programme built in India, for India and the world.'

'They left my son to die, now they are roaming free': A father's emotional plea

'They left my son to die, now they are roaming free': A father's emotional plea

Rediff.com2 Jul 2026

The grieving parents of Sarthak Mattoo, who died in an alleged hit-and-run incident in southwest Delhi, have made an emotional video appeal for justice, questioning the pace of the police investigation and demanding strict action against those responsible.

Jamco Interiors Establishes New Engineering Hub In Pune

Jamco Interiors Establishes New Engineering Hub In Pune

Rediff.com22 Jun 2026

Jamco Interiors, a global supplier of aircraft cabin systems, has opened a Centre of Excellence (COE) in Pune. This strategic move aims to meet the increasing demand for advanced cabin interiors in India's rapidly growing commercial aviation market and leverage local engineering talent for global aerospace programmes.

Airbound, Andhra sign MoU to build large-scale drone delivery network

Airbound, Andhra sign MoU to build large-scale drone delivery network

Rediff.com26 Jun 2026

The initiative is expected to begin with operations in Guntur, with both parties working towards enabling 10,000 daily drone flights across Andhra Pradesh over the coming year, a scale that could position the state among the largest commercial drone delivery networks globally.

Sridhar Vembu On Why Zoho Won't Chase AI Investment Bubble

Sridhar Vembu On Why Zoho Won't Chase AI Investment Bubble

Rediff.com22 Jun 2026

Zoho Corporation Founder Sridhar Vembu has echoed IBM CEO Arvind Krishna's concerns about a potential "bubble" in the multi-trillion dollar AI data centre build-out. Vembu stated that Zoho will adopt a measured approach, investing in AI capabilities like data curation and compiler infrastructure, but will not chase the current investment spree, contrasting with other global tech giants' massive spending.

From 'Wonderwall' to K-Pop: The music behind the FIFA World Cup roar

From 'Wonderwall' to K-Pop: The music behind the FIFA World Cup roar

Rediff.com5 Jul 2026

Watching the World Cup and hearing the music in the stadium may have left you wondering - how is that chosen? Is it just coincidence that "Wonderwall" plays after England matches? Are "Freed from Desire" or "Livin' on a Prayer" always played? And why?

The H-1 B Visa and the Fading American Dream

The H-1 B Visa and the Fading American Dream

Rediff.com8 Jul 2026

The H-1B visa once symbolised the American Dream for Indians, but today's students are increasingly asking whether they need America at all. In 1995, the question was: How do I get to America? In 2026, it may be: Do I need to?

How ArcelorMittal Is Automating Global Operations With AWS

How ArcelorMittal Is Automating Global Operations With AWS

Rediff.com22 Jun 2026

ArcelorMittal has announced a partnership with Amazon Web Services (AWS) to automate its global manufacturing operations using AWS's cloud and AI capabilities. This collaboration aims to enhance safety, asset reliability, and energy efficiency by deploying AI at the point of production for predictive maintenance, quality control, and process optimisation.

Maharashtra Opposition walks out to protest over TET exam paper leak, demands probe

Maharashtra Opposition walks out to protest over TET exam paper leak, demands probe

Rediff.com29 Jun 2026

The Maharashtra legislature witnessed widespread protests as Opposition legislators accused the government of failing to prevent examination paper leaks, including the recent Teacher Eligibility Test (TET) and NEET. Senior leaders alleged links between those behind the leaks and the BJP, demanding a comprehensive investigation into the examination process and government accountability.

GenAI Talent Shortage Hits India

GenAI Talent Shortage Hits India

Rediff.com29 Jun 2026

GenAI recorded the widest talent gap, followed by AI deployment engineering (72.4 per cent), AI governance (70 per cent), and MLOps (68 per cent).