News for 'Company'

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.

OpenAI Launches ChatGPT For Teens

OpenAI Launches ChatGPT For Teens

Rediff.com4 days ago

'ChatGPT for Teens brings together learning and safety features in one unified experience, supporting active, collaborative learning outside the classroom while enabling more intentional and age-appropriate use of AI.'

Does GPay/PhonePe Affect CIBIL Score?

Does GPay/PhonePe Affect CIBIL Score?

Rediff.com2 days ago

It's not about how much you earn -- it's about how you borrow and repay.

AI drives demand for flexible office spaces as firms seek agility

AI drives demand for flexible office spaces as firms seek agility

Rediff.com2 days ago

Artificial intelligence (AI) is significantly increasing the demand for flexible office spaces in India, as enterprises prioritise agility, speed-to-market, and struggle with forecasting workforce requirements. AI-native startups are a primary driver, while established companies are adopting 'core-plus-flex' strategies to balance stability with adaptability.

Shiprocket's Rs 1,617.5-cr IPO subscribed 99.38 times on final day

Shiprocket's Rs 1,617.5-cr IPO subscribed 99.38 times on final day

Rediff.com14 Aug 2026

The initial public offering (IPO) of e-commerce enablement platform Shiprocket Ltd was subscribed an impressive 99.38 times on its final day of bidding, attracting bids for over 9.38 billion shares against 94.43 million on offer.

Chinese Robot Lightning Beats Usain Bolt's 100m World Record

Chinese Robot Lightning Beats Usain Bolt's 100m World Record

Rediff.com1 days ago

A humanoid robot named Lightning, developed by Chinese smartphone maker Honor, has reportedly run 100 meters in 9.32 seconds, surpassing Usain Bolt's human world record.

Dubai fund transfers: Fresh ED claims against Vijayan's daughter in CMRL case

Dubai fund transfers: Fresh ED claims against Vijayan's daughter in CMRL case

Rediff.com4 days ago

The Enforcement Directorate has seized handwritten notes and digital evidence during searches related to former Kerala Chief Minister Pinarayi Vijayan's daughter, Veena T. The agency alleges these notes detail fund transfers to Dubai and amounts handled beyond her known income, linking her to a money laundering probe involving Cochin Minerals and Rutile Ltd (CMRL) and her defunct company, Exalogic Solutions. Political leaders have condemned the probe as a vendetta.

Trump announces 'Economic D-Day' against Iran, warns countries helping Tehran

Trump announces 'Economic D-Day' against Iran, warns countries helping Tehran

Rediff.com3 days ago

US President Donald Trump has declared an 'economic D-Day' against Iran, unveiling what he terms the 'most crushing economic operation ever taken' and warning global entities against providing any support to Tehran.

TCS receives employee data leak alerts; says no impact to customer info

TCS receives employee data leak alerts; says no impact to customer info

Rediff.com10 Aug 2026

India's largest IT firm, TCS, has received threat-intelligence alerts regarding a potential leak of 'basic' employee data, but the company asserts there is no indication of customer data or operational systems being affected.

Foreign Investors Pour Rs 23,544 Crore into Indian Equities in August

Foreign Investors Pour Rs 23,544 Crore into Indian Equities in August

Rediff.com18 hours ago

Foreign Portfolio Investors (FPIs) have significantly increased their investment in Indian equities, infusing Rs 23,544 crore in August, driven by improving quarterly earnings, a stable rupee, and positive market prospects.

BRICS Ministers Forge Stronger Sports Cooperation

BRICS Ministers Forge Stronger Sports Cooperation

Rediff.com13 hours ago

BRICS Sports Ministers adopted a Joint Declaration in Visakhapatnam, reaffirming their commitment to strengthen sports cooperation through dialogue and mutual respect. The meeting, held under India's 2026 Chairship, saw Union Minister Dr. Mansukh Mandaviya call for a BRICS Sporting Partnership and introduce three key initiatives: a Working Group on Sports Technology, a Sports Manufacturing Conclave in Udaipur, and Traditional and Indigenous Sports Demonstration Games in Ahmedabad in 2026.

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Rediff.com13 Aug 2026

Manappuram Finance has announced the appointment of Ashish Singh as its new managing director and chief executive officer, effective January 1, 2027, marking a significant shift from its family-led governance structure.

Luxury Cars Get Costlier, Used Demand Surges

Luxury Cars Get Costlier, Used Demand Surges

Rediff.com4 days ago

Repeated increases in new luxury-car prices, driven partly by the rupee's depreciation against the euro, are expanding the market for certified pre-owned vehicles.

Liquor ban row: TN orders strict quality checks at distilleries

Liquor ban row: TN orders strict quality checks at distilleries

Rediff.com15 hours ago

The Tamil Nadu government has mandated stringent quality testing across all distilleries in the state to ensure alcohol content compliance. This decision follows public concern over the temporary ban and swift clearance of products from a private manufacturer, Enrica Enterprises, by the state's liquor monopoly, TASMAC. The move aims to address suspicions and ensure public safety regarding alcoholic beverages.

Carmakers ramp up production for festive season, but high base and inventory risks loom

Carmakers ramp up production for festive season, but high base and inventory risks loom

Rediff.com1 days ago

Indian passenger vehicle manufacturers are significantly increasing production and stocking dealerships in anticipation of strong festival season demand, with new launches planned and supply bottlenecks being addressed. However, the industry faces potential moderation in growth during the second half of FY27 due to a high base from last year's post-GST surge, commodity inflation, and elevated inventory levels.

NeoGeoInfo Secures USD 20 Million For Global Expansion

NeoGeoInfo Secures USD 20 Million For Global Expansion

Rediff.com5 days ago

NeoGeoInfo Technologies, a spatial intelligence solutions provider, has secured a Series A investment of approximately USD 20 million from Neev II Fund and Aavishkaar Capital. This funding will fuel the company's R&D, expand its international presence in the Middle East and Americas, and strengthen its team for complex projects.

Vi's Q1 Loss Halves, Records First Net Subscriber Addition Since 2018 Merger

Vi's Q1 Loss Halves, Records First Net Subscriber Addition Since 2018 Merger

Rediff.com11 Aug 2026

Vodafone Idea (Vi) significantly reduced its losses in Q1 FY27 to approximately 3,754 crore, driven by an exceptional gain and increased average revenue per user (Arpu). The company also reported its first net subscriber additions since its 2018 merger, indicating a positive shift in its operational trajectory.

How Tata Steel Tackled Challenges Under Chandra

How Tata Steel Tackled Challenges Under Chandra

Rediff.com13 Aug 2026

Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.

Delhi techie beaten to death by in-laws after dispute with wife

Delhi techie beaten to death by in-laws after dispute with wife

Rediff.com2 days ago

A 31-year-old software engineer, Vinay Gupta, was allegedly beaten to death by his in-laws in outer Delhi following a matrimonial dispute. His wife had called her family after an argument, leading to the fatal assault. Police have detained four individuals and registered a murder case.

How PhonePe's Data Platform Will Enhance National Planning

How PhonePe's Data Platform Will Enhance National Planning

Rediff.com3 days ago

Fintech firm PhonePe has signed a Memorandum of Understanding (MoU) with the Ministry of Electronics and Information Technology (MeitY) to integrate its enterprise data intelligence platform, PulsePro, into the PM GatiShakti framework. This collaboration aims to provide granular, hyperlocal insights for national infrastructure planning, economic analysis, and holistic urban and rural development.

Tata Group Stocks Tumble After Chairman Chandrasekaran Declines Reappointment

Tata Group Stocks Tumble After Chairman Chandrasekaran Declines Reappointment

Rediff.com12 Aug 2026

Tata Group stocks experienced a significant decline, with TCS falling nearly 6 per cent, after Tata Sons Chairman N Chandrasekaran announced he would not seek reappointment when his current term concludes on February 20, 2027.

Indian-origin CFO gets jail term for bribing surgeons in US

Indian-origin CFO gets jail term for bribing surgeons in US

Rediff.com11 Aug 2026

An Indian-origin chief financial officer of a US spinal implant company has been sentenced to a four-month jail term for his role in a scheme to bribe surgeons. Aditya Humad conspired to pay over USD 540,000 in sham consulting fees to surgeons to induce them to use SpineFrontier's products, leading to millions in revenue for the company and undermining healthcare safeguards.

'Nobody is...': Tukaram Mundhe on notice to SRK, Ajay Devgn and Tiger

'Nobody is...': Tukaram Mundhe on notice to SRK, Ajay Devgn and Tiger

Rediff.com5 days ago

Mundhe said the FDA was examining advertisements for products other than tobacco-related items and would act wherever misleading claims or other violations were found.

Jadeja achieves rare Test double, joins all-time greats

Jadeja achieves rare Test double, joins all-time greats

Rediff.com6 days ago

Indian all-rounder Ravindra Jadeja has achieved a rare feat in Test cricket, becoming only the fourth player in history to score over 4,000 runs and take 350 wickets. He joins an exclusive club alongside legends like Kapil Dev, Ian Botham, and Daniel Vettori, reaching the milestone during the first Test against Sri Lanka in Galle.

Indian drugmakers in no rush to shift to US despite tariff threat

Indian drugmakers in no rush to shift to US despite tariff threat

Rediff.com10 Aug 2026

Indian pharmaceutical companies are not rushing to relocate manufacturing to the United States despite former President Donald Trump's renewed threat of tariffs up to 200 per cent on imported generic drugs. Instead, they are leveraging existing US plants, contract manufacturers, and making selective investments in complex products while maintaining India as their primary production hub.

Trai expands 1601 number series to utilities, logistics to curb fraud

Trai expands 1601 number series to utilities, logistics to curb fraud

Rediff.com11 Aug 2026

The Telecom Regulatory Authority of India (Trai) has expanded the 1600-number series to include utilities, courier, and logistics companies, introducing the new 1601 series to help consumers identify legitimate calls and prevent widespread fraud and impersonation.

SkyDrive Aims For India Launch Of EVTOL Aircraft By 2028

SkyDrive Aims For India Launch Of EVTOL Aircraft By 2028

Rediff.com13 Aug 2026

Japanese 'flying car' manufacturer SkyDrive Inc plans to commercialise its eVTOL aircraft in India by 2028, initially focusing on medical logistics, particularly organ transportation. The company, backed by Suzuki, has signed an agreement with Air India and Suzuki for this purpose and is considering future manufacturing in India.

India sees Rs 4,896 crore FDI in 29 projects after easing China stake norms

India sees Rs 4,896 crore FDI in 29 projects after easing China stake norms

Rediff.com1 days ago

India has attracted foreign direct investment (FDI) worth approximately 4,896 crore across 29 projects since May, following the government's relaxation of norms under Press Note 2 of 2026. The revised rules permit investment without government approval from entities with up to 10 per cent non-controlling ownership by land-bordering countries.

Tata Motors' Q1 Net Profit Jumps 83% on Strong Sales, Iveco Acquisition Nears

Tata Motors' Q1 Net Profit Jumps 83% on Strong Sales, Iveco Acquisition Nears

Rediff.com12 Aug 2026

Commercial vehicle manufacturer Tata Motors Ltd reported an impressive 83 per cent increase in consolidated net profit, reaching Rs 2,556 crore for the first quarter ending June 30, primarily boosted by a significant mark-to-market gain on investments in Tata Capital Ltd.

Vedanta Pours Over $1 Billion into Net-Zero Transition for FY26

Vedanta Pours Over $1 Billion into Net-Zero Transition for FY26

Rediff.com4 days ago

Mining major Vedanta has invested over $1 billion in net-zero transition initiatives for FY26, focusing on renewable energy, lower-carbon fuels, energy efficiency, and technology-led interventions to drive its decarbonisation efforts.

Google Asked To Urgently Remove Fake Bank Web Sites

Google Asked To Urgently Remove Fake Bank Web Sites

Rediff.com1 days ago

Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.

Startups Bet Big on Quick Commerce

Startups Bet Big on Quick Commerce

Rediff.com13 Aug 2026

For these startups, qcom is emerging as a launch and discovery platform, not simply a fulfilment channel.

How GE Aerospace AI Is Revolutionising Aircraft Engine Maintenance

How GE Aerospace AI Is Revolutionising Aircraft Engine Maintenance

Rediff.com5 days ago

GE Aerospace is utilising artificial intelligence solutions, developed by its Bengaluru team, to significantly improve aircraft engine inspection, analytics, and maintenance. These innovations have reduced turnaround times by at least five days, enhancing engine durability, reliability, and time on wing, with specific tools like the AI-enabled Blade Inspection Tool cutting inspection times by 50%.

CIBIL Score Explained: Why It Matters

CIBIL Score Explained: Why It Matters

Rediff.com13 Aug 2026

For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.

Joe Root Creates History with Record 219th Catch in Test Cricket

Joe Root Creates History with Record 219th Catch in Test Cricket

Rediff.com2 days ago

England Test captain Joe Root has surpassed Steve Smith to become the leading fielder in Test cricket with 219 catches, and also equalled Sachin Tendulkar's record for the most fifties in the longest format with his 68th half-century.

Bharti Airtel's Q1 FY27 results beat estimates, driven by strong Arpu and subscriber growth

Bharti Airtel's Q1 FY27 results beat estimates, driven by strong Arpu and subscriber growth

Rediff.com14 Aug 2026

Bharti Airtel's first-quarter (April-June/Q1) performance for 2026-27 (FY27) surpassed estimates across most metrics, fuelled by robust growth in both its India and Africa operations, with significant increases in average revenue per user (Arpu) and subscriber additions.

'Sword to kill mosquito': HC raps Maha FDA over Cadila drug action

'Sword to kill mosquito': HC raps Maha FDA over Cadila drug action

Rediff.com11 Aug 2026

The Bombay High Court has strongly criticised the Maharashtra FDA for its "shoot first" approach, likening its drastic actions to using a sword to kill a mosquito. The court, hearing a petition from Cadila Pharmaceuticals, directed the FDA to grant companies a hearing before taking severe measures, warning of heavy costs for its arbitrary conduct.

Maruti Suzuki poised for sustained sales growth in FY27 despite Q1 margin contraction

Maruti Suzuki poised for sustained sales growth in FY27 despite Q1 margin contraction

Rediff.com10 Aug 2026

Maruti Suzuki India (MSIL) reported a mixed Q1 FY27, with record quarterly sales driving strong revenue growth, but operating performance was below expectations due to higher commodity and other costs impacting margins. Brokerages anticipate sustained sales growth for the company in the current fiscal year, supported by new launches, robust demand, and significant capacity expansion.

N CHANDRASEKHARAN STEPS DOWN AS TATA SONS CHAIRMAN

N CHANDRASEKHARAN STEPS DOWN AS TATA SONS CHAIRMAN

Rediff.com12 Aug 2026

Tata Sons Chairman N Chandrasekaran has announced he will not seek reappointment when his current term concludes on February 20, 2027. This decision follows a lack of unanimous board support for his extension, despite recommendations from the majority shareholders, the Sir Dorabji Tata Trust and Sir Ratan Tata Trust. Chandrasekaran cited the need for leadership clarity amidst strategic projects and has requested the board to initiate a succession plan.

Maharashtra Forms Task Force For Drone Policy Implementation

Maharashtra Forms Task Force For Drone Policy Implementation

Rediff.com13 Aug 2026

The Maharashtra government is setting up a ministerial task force, led by Minister Ashish Shelar, to ensure the effective implementation of its drone policy. Chief Minister Devendra Fadnavis announced this, emphasising the need for a "policy of policies" to integrate R&D, manufacturing, testing, and subsidies, and to strengthen the state's drone ecosystem, including developing a 'Drone City'.