News for 'Company'

'India Has Enough Oil And Gas Beneath The Soil'

'India Has Enough Oil And Gas Beneath The Soil'

Rediff.com13 Jun 2026

'Exploration should be made easier and companies should be given operational flexibility.'

US-Iran Peace Deal: Analysts Eye OMCs, Aviation, Infra as Key Beneficiaries

US-Iran Peace Deal: Analysts Eye OMCs, Aviation, Infra as Key Beneficiaries

Rediff.com16 Jun 2026

A potential US-Iran peace deal, expected to be signed on June 19, is anticipated to ease geopolitical stress and benefit various sectors, particularly in India, with analysts suggesting investors await finer details before making significant moves.

Delhi sets countdown for ICE 2W, 3W phaseout

Delhi sets countdown for ICE 2W, 3W phaseout

Rediff.com30 Jun 2026

The Delhi government has approved the Delhi EV Policy 2.0, which will phase out fresh registrations of internal combustion engine (ICE) two-wheelers and three-wheelers over the next two years, starting with a ban on ICE 3Ws and N1 category LCVs from January 1, 2027, and ICE 2Ws from April 1, 2028.

Guwahati Misses Out On Hosting India-Japan Summit

Guwahati Misses Out On Hosting India-Japan Summit

Rediff.com24 Jun 2026

The visit was expected to project Assam as the gateway to Southeast Asia and reinforce the state's emergence as a preferred investment destination.

Wipro Boosts Enterprise AI With New Applied AI Centre

Wipro Boosts Enterprise AI With New Applied AI Centre

Rediff.com16 Jun 2026

IT services giant Wipro has launched an Applied AI Centre of Excellence (CoE) in Bengaluru, focusing on Anthropic's Claude models. This initiative aims to accelerate enterprise AI adoption, train 10,000 experts, and integrate AI into core business workflows and Wipro's internal operations.

AI Agents to Equal Human Staff, No Downsizing Planned: TCS' Chandra

AI Agents to Equal Human Staff, No Downsizing Planned: TCS' Chandra

Rediff.com9 Jun 2026

Tata Consultancy Services (TCS) Chairman N Chandrasekaran announced that the company anticipates having as many artificial intelligence (AI) agents as its human workforce, currently half a million, while assuring that no staff downsizing is planned.

Why Taiwan Is At The Heart Of US-China Rivalry

Why Taiwan Is At The Heart Of US-China Rivalry

Rediff.com29 Jun 2026

For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.

'Engine of plunder': Cong targets MP CM over Ujjain land scam

'Engine of plunder': Cong targets MP CM over Ujjain land scam

Rediff.com24 Jun 2026

Madhya Pradesh BJP president Hemant Khandelwal has termed the land scam allegations against Yadav as "baseless", saying whenever the state has a CM from the backward class, the Congress attempts to weaken him.

OMCs incur Rs 22,000 cr LPG underrecoveries amid West Asia crisis

OMCs incur Rs 22,000 cr LPG underrecoveries amid West Asia crisis

Rediff.com20 Jun 2026

Indian oil-marketing companies (OMCs) have incurred LPG underrecoveries of approximately Rs 22,000 crore between March and May 2026, as domestic cooking gas prices failed to keep pace with surging international rates exacerbated by the West Asia crisis, according to a Crisil report.

Jio Platforms files for $4 bn IPO

Jio Platforms files for $4 bn IPO

Rediff.com19 Jun 2026

Jio Platforms Ltd, the digital services arm of Reliance Industries, has filed draft papers for an initial public offering (IPO) aiming to raise approximately USD 4 billion (about Rs 37,700 crore), which is expected to be India's largest ever IPO.

HC orders removal of false info on judges' London badminton trip

HC orders removal of false info on judges' London badminton trip

Rediff.com21 Jun 2026

The Delhi high court has ordered social media companies and online service providers to remove 'false' information circulating online about Indian judges and Union ministers allegedly participating in a badminton tournament in London at taxpayers' expense. The court deemed the content malicious and a systematic misinformation campaign aimed at undermining the judiciary and executive.

Why Banks Are Raising Deposit Rates

Why Banks Are Raising Deposit Rates

Rediff.com26 Jun 2026

The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.

Assess Mythos Threat By June 30: RBI To Banks

Assess Mythos Threat By June 30: RBI To Banks

Rediff.com17 Jun 2026

'...A new challenge has emerged in the form of Mythos.'

5 dead, 20 rescued as under-construction warehouse collapses in Kolkata

5 dead, 20 rescued as under-construction warehouse collapses in Kolkata

Rediff.com24 Jun 2026

A three-storey under-construction warehouse in Kolkata's Taratala area collapsed, killing three people and trapping several others. Rescue operations are ongoing, with 18 individuals already saved, amid allegations of substandard construction materials and illegal building practices.

Anthropic Slams US' Suspension of Fable 5, Mythos 5 as 'Misunderstanding'

Anthropic Slams US' Suspension of Fable 5, Mythos 5 as 'Misunderstanding'

Rediff.com13 Jun 2026

Anthropic has labelled the US government's directive to suspend its Fable 5 and Mythos 5 AI models as a "misunderstanding" and is actively working to restore access, warning that the current standard for narrow jailbreak findings could "essentially halt all new model deployments for all frontier model providers."

Accenture's Gloomy Outlook Drags Down Indian IT Shares, Nifty IT Slips 6%

Accenture's Gloomy Outlook Drags Down Indian IT Shares, Nifty IT Slips 6%

Rediff.com20 Jun 2026

Accenture's revised annual revenue growth forecast and weaker-than-expected fourth-quarter guidance have sent shockwaves through the Indian IT sector, causing major IT stocks and the Nifty IT index to tumble significantly.

Mahindra & Mahindra shifts focus beyond tractors to boost future growth

Mahindra & Mahindra shifts focus beyond tractors to boost future growth

Rediff.com15 Jun 2026

Mahindra & Mahindra (M&M) is expanding its farm equipment strategy beyond tractors to include a wider range of mechanisation solutions like harvesters, balers, seed drills, and telematics-enabled services, aiming to capitalise on the growing demand for rental services by rural entrepreneurs and address low mechanisation levels in Indian agriculture.

Travelling abroad a Fundamental Right: Delhi court

Travelling abroad a Fundamental Right: Delhi court

Rediff.com24 Jun 2026

A Delhi court has affirmed that travelling abroad is an integral part of Fundamental Rights, allowing a woman accused in a money laundering case to visit Thailand for her children's summer vacation. The court balanced her right to travel against the risk of her fleeing justice, finding no evidence to suggest she would abscond.

Amazon To Deepen Automation In India With Advanced Robotics

Amazon To Deepen Automation In India With Advanced Robotics

Rediff.com14 Jun 2026

Amazon plans to significantly expand its use of automation and advanced robotics, including systems like the SLAM labeler, across its Indian fulfilment centres. The company, which has committed substantial investments in India, also highlighted its global rollout of autonomous robots like Proteus and cautioned against premature AI regulation that could stifle innovation.

ED summons Pinarayi Vijayan's daughter for questioning

ED summons Pinarayi Vijayan's daughter for questioning

Rediff.com9 Jun 2026

The investigation pertains to alleged irregularities in CMRL's financial transactions and its links with Veena's now-defunct company Exalogic Solutions Private Limited.

Anupam Rasayan Pioneers ETFA Production With Innovative Chemistry Platform

Anupam Rasayan Pioneers ETFA Production With Innovative Chemistry Platform

Rediff.com12 Jun 2026

Specialty chemicals maker Anupam Rasayan India Ltd has become the first company globally to commercialise Ethyl trifluoroacetate (ETFA) production using its proprietary continuous flow chemistry platform. This innovative technology offers significant advantages over traditional methods, and ETFA is a crucial component for pharmaceuticals, life sciences, and performance materials, with a global market estimated at USD 500-600 million.

Multi-Crore Real Estate Fraud: Proclaimed Offender Arrested By Delhi Police EOW

Multi-Crore Real Estate Fraud: Proclaimed Offender Arrested By Delhi Police EOW

Rediff.com13 Jun 2026

Delhi Police's Economic Offences Wing (EOW) has arrested Shiv Nandan Singh Yadav, a proclaimed offender, in connection with a multi-crore real estate fraud. Yadav was wanted in nine FIRs for allegedly duping investors in a housing project that never materialised.

Farah-Riteish Bring Lock Upp: Sach Ya Saza On OTT

Farah-Riteish Bring Lock Upp: Sach Ya Saza On OTT

Rediff.com26 Jun 2026

Brace yourself for tons of drama on OTT this week.

FIFA World Cup 2026: Scandinavia split over Norway's signature Viking row celebration

FIFA World Cup 2026: Scandinavia split over Norway's signature Viking row celebration

Rediff.com24 Jun 2026

Norway's success at the World Cup has triggered euphoria at home, but the team's trademark "Viking row" celebration is beginning to test the patience of their Scandinavian neighbours, drawing shrugs from Sweden and envy from Denmark.

Is Rs 1 Cr Enough For Retirement?

Is Rs 1 Cr Enough For Retirement?

Rediff.com1 Jul 2026

Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.

Reliance Infra seeks review of surveillance framework linked to IBC

Reliance Infra seeks review of surveillance framework linked to IBC

Rediff.com8 Jun 2026

Reliance Infrastructure (Reliance Infra) has submitted a representation to Sebi, NSE, and BSE, seeking a review of the Additional Surveillance Measure (ASM) framework and related trading restrictions on its shares, arguing they adversely impact its 700,000+ public shareholders and hinder fair price discovery.

India, US 'Very Close' to Historic Trade Deal

India, US 'Very Close' to Historic Trade Deal

Rediff.com24 Jun 2026

The United States and India are on the verge of finalising a landmark bilateral trade deal, aiming to boost trade to USD 500 billion by 2030, according to US Deputy Assistant Secretary of State Bethany Poulos Morrison. The agreement seeks to open India's 1.4 billion-strong market to American goods on reciprocal terms, with ongoing high-level discussions to recalibrate the pact after recent changes in US tariff policy.

India Inc Battles Rising Gulf War Costs

India Inc Battles Rising Gulf War Costs

Rediff.com9 Jun 2026

Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.

BMW has maxi plans for Mini Cooper, drive into Tier 2 markets

BMW has maxi plans for Mini Cooper, drive into Tier 2 markets

Rediff.com13 Jun 2026

The luxury carmaker plans to drive growth through local assembly of the MINI Countryman, expansion into 10 new cities and a broader product portfolio.

Ex-PM IK Gujral's son Naresh duped of Rs 7.8 cr in cyber scam

Ex-PM IK Gujral's son Naresh duped of Rs 7.8 cr in cyber scam

Rediff.com18 Jun 2026

Former Rajya Sabha MP Naresh Gujral was allegedly duped of Rs 7.8 crore after cyber fraudsters impersonated him on a messaging app and tricked his company's chief financial officer into transferring funds to multiple bank accounts, the police said on Thursday.

Former Kerala CM's daughter seeks more time, ED summons her on June 17

Former Kerala CM's daughter seeks more time, ED summons her on June 17

Rediff.com12 Jun 2026

The Enforcement Directorate has issued a fresh summons to Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, for questioning on June 17 in a money laundering case involving Cochin Minerals and Rutile Ltd (CMRL). The probe focuses on alleged payments of Rs 2.78 crore from CMRL to Veena's IT firm, Exalogic Solutions, without services rendered, and loans from an associated company.

AI 171 crash: Tatas paid Rs 1 cr ex-gratia, assigned caregiver to families

AI 171 crash: Tatas paid Rs 1 cr ex-gratia, assigned caregiver to families

Rediff.com12 Jun 2026

Families of 15 of the 260 victims of last year's Air India plane crash in Ahmedabad have declined to collect the personal belongings of their loved ones, while ex-gratia payments of Rs 1 crore have been disbursed to 91 per cent of the families of the deceased.

India Post's Biggest Makeover in 150 Years

India Post's Biggest Makeover in 150 Years

Rediff.com27 Jun 2026

India Post is reinventing itself from a traditional mail service into a modern logistics, e-commerce, and real estate powerhouse. Several post offices situated inside major university campuses, called Gen Z post offices, have received a facelift, with cafe-like decor and wi-fi availability.

Sarvam AI becomes unicorn with $234 million Series B funding, HCLTech acquires 10.46% stake

Sarvam AI becomes unicorn with $234 million Series B funding, HCLTech acquires 10.46% stake

Rediff.com16 Jun 2026

Sarvam AI, an Indian full-stack sovereign artificial intelligence company, has achieved unicorn status after raising $234 million in a Series B funding round led by HCLTech and Bessemer Venture Partners, with HCLTech acquiring a 10.46 per cent stake.

Drones To Drive India's Logistics And Clean Tech Growth

Drones To Drive India's Logistics And Clean Tech Growth

Rediff.com15 Jun 2026

A new study predicts a 55 per cent surge in drone deployment across India's logistics and clean tech sectors over the next three years, driven by rapid digitalisation and the need for faster, more sustainable solutions. The Indian logistics market is projected to nearly double to USD 428.7 billion by 2033, highlighting a significant transformation in these key industries.

How Pramaana Labs Is Building Accountable AI With $27 Million Funding

How Pramaana Labs Is Building Accountable AI With $27 Million Funding

Rediff.com17 Jun 2026

AI firm Pramaana Labs, with a significant Indian workforce, has successfully raised $27 million in seed funding led by Khosla Ventures. The company aims to use these funds to advance its unique technology that converts complex knowledge into machine-verifiable truth, addressing the accountability gap in AI across regulated sectors like tax, healthcare, and financial compliance.

India's Badminton Future: BAI Seeks Partners For New League

India's Badminton Future: BAI Seeks Partners For New League

Rediff.com15 Jun 2026

The Badminton Association of India (BAI) has invited Expressions of Interest (EOI) from various organisations to conceptualise, develop, and manage a new professional badminton league in India. The initiative aims to create a sustainable league structure focused on commercialisation, fan engagement, and long-term growth of the sport. Interested parties must demonstrate strong financial capability and experience in managing sports leagues, with proposals due by June 30.

Holoflex Plans Major Investment Amid Rising Counterfeit Concerns

Holoflex Plans Major Investment Amid Rising Counterfeit Concerns

Rediff.com11 Jun 2026

Holoflex Ltd, a leading anti-counterfeiting and security solutions provider, plans to invest Rs 30 crore over the next two years to establish a second manufacturing facility. This expansion is driven by increasing demand for integrated brand protection solutions and growing concerns over counterfeit products across various sectors, including essential goods. The company aims to significantly boost its revenue and strengthen its position in the rapidly growing anti-counterfeiting market.

AI 171 Crash: 'Americans Would Prefer It To Be Pilot Error'

AI 171 Crash: 'Americans Would Prefer It To Be Pilot Error'

Rediff.com25 Jun 2026

'...because that protects their aviation industry.' 'The Boeing 787 is one of the most widely-flown wide-body aircraft in the world, and Airbus is running neck-and-neck with Boeing.' 'Airbus is not going to let an opportunity like this pass.' 'If a software problem with the 787 is confirmed, they will use it to increase their own orders.'

AI 171 Crash: 'Families Of 260 People Are Waiting For Answers'

AI 171 Crash: 'Families Of 260 People Are Waiting For Answers'

Rediff.com25 Jun 2026

'A lot of people feel there is pressure on the AAIB not to go against Boeing or GE -- both enormous American companies.' 'If the AAIB implicates Boeing or GE, it will impact their sales.' 'If their sales are impacted, jobs are lost in the United States. No government would willingly do that.'