News for 'Company'

International ATF prices cut 27%; commercial LPG, 5-kg cylinder prices raised

International ATF prices cut 27%; commercial LPG, 5-kg cylinder prices raised

Rediff.com1 Jun 2026

India has significantly reduced Aviation Turbine Fuel (ATF) prices for international airlines by 27% due to easing global fuel benchmarks, while simultaneously increasing commercial LPG and 5-kg cylinder prices to record highs.

IT Stocks Fuel Sensex Rebound, Snap Four-Day Losing Streak

IT Stocks Fuel Sensex Rebound, Snap Four-Day Losing Streak

Rediff.com2 Jun 2026

Indian benchmark indices, the BSE Sensex and NSE Nifty, snapped a four-day losing streak, with the Sensex climbing 382 points, primarily driven by a strong rally in IT sector shares. Major IT firms like TCS, Infosys, and HCL Tech saw significant gains, contributing to the market's recovery.

Want To Own Ultra-Exclusive Cars?

Want To Own Ultra-Exclusive Cars?

Rediff.com15 Jun 2026

'I own a few cars that I have had specified minutely to my taste, and it does feel nice to know that there are no other vehicles like them anywhere in the world.'

Why ED Raided Former Kerala CM Pinarayi Vijayan's Residences

Why ED Raided Former Kerala CM Pinarayi Vijayan's Residences

Rediff.com27 May 2026

The Enforcement Directorate conducted searches at the residences of former Kerala chief minister Pinarayi Vijayan and his family members as part of a money laundering probe linked to the CMRL case involving his daughter, Veena Vijayan.

Former RCom MD Amitabh Jhunjhunwala In Judicial Custody

Former RCom MD Amitabh Jhunjhunwala In Judicial Custody

Rediff.com5 Jun 2026

Amitabh Jhunjhunwala, former group managing director of Anil Ambani-led Reliance Communications, has been remanded in 14-day judicial custody in an alleged bank loan fraud case. The CBI alleges misutilisation of loan funds, causing significant losses to a consortium of banks led by SBI.

Grand Venice Mall Owner Arrested In Money Laundering Case

Grand Venice Mall Owner Arrested In Money Laundering Case

Rediff.com30 May 2026

The Enforcement Directorate has arrested the promoter of a Noida-based realty company in a money laundering case linked to alleged duping of home buyers.

Why ED Raided Pinarayi Vijayan's Residence

Why ED Raided Pinarayi Vijayan's Residence

Rediff.com27 May 2026

The Enforcement Directorate conducted searches at the residences of former Kerala chief minister Pinarayi Vijayan and his family members as part of its money laundering probe linked to the CMRL case involving his daughter.

Why Is Odisha BJD Questioning Dharmendra Pradhan's Family Trust?

Why Is Odisha BJD Questioning Dharmendra Pradhan's Family Trust?

Rediff.com2 Jun 2026

Odisha's opposition BJD has requested Union Education Minister Dharmendra Pradhan to clarify his family's connection with the Vikas Foundation Trust, which is alleged to have purchased properties in the US. BJP leaders have dismissed the allegations as a smear campaign.

Digital Commerce: Why Indians Lose Rs 28,000 Crore

Digital Commerce: Why Indians Lose Rs 28,000 Crore

Rediff.com10 Jun 2026

Dark patterns are no longer just a consumer protection concern, but a broader macroeconomic challenge affecting the long-term sustainability of India's digital commerce ecosystem.

Reliance Begins Green Energy Rollout From Jamnagar Complex

Reliance Begins Green Energy Rollout From Jamnagar Complex

Rediff.com28 May 2026

Reliance Industries has delivered the first batch of solar modules from its green energy complex in Jamnagar, Gujarat, marking the operational rollout of its New Energy business. The company is developing an integrated clean energy manufacturing ecosystem, including solar modules, batteries, green hydrogen, and bio-energy infrastructure.

AI boom reshapes global equity markets, India slips to sixth place

AI boom reshapes global equity markets, India slips to sixth place

Rediff.com27 May 2026

The global artificial intelligence (AI) boom has significantly reshaped equity markets, with Taiwan surpassing India to become the world's fifth-largest stock market. India has seen its market capitalisation decline by 7% year-to-date, while AI-linked economies like Taiwan and South Korea have surged.

Which Industries Will Give Bigger Salary Hikes?

Which Industries Will Give Bigger Salary Hikes?

Rediff.com10 Jun 2026

'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'

Lost many nationals in attacks on ships in Gulf, India tells UN

Lost many nationals in attacks on ships in Gulf, India tells UN

Rediff.com11 Jun 2026

India has expressed firm opposition to attacks on merchant shipping amidst the ongoing Iran conflict, revealing that several Indian nationals have died or are missing due to these incidents. The nation also called for restraint, de-escalation, and prioritising civilian safety in the region.

Donald Trump greeted with boos at NBA Finals in Madison Square Garden

Donald Trump greeted with boos at NBA Finals in Madison Square Garden

Rediff.com9 Jun 2026

Basketball fans greeted US President Donald Trump with a chorus of loud boos on Monday, as the Republican became the first sitting US president to attend the NBA Finals.

Gadkari calls for JVs with US cos to leverage their new tech

Gadkari calls for JVs with US cos to leverage their new tech

Rediff.com21 May 2026

Union Minister Nitin Gadkari has called for Indian companies to form joint ventures with US companies to leverage new technologies, while also expressing an ambitious target to make India's automobile industry the world's number one within five years.

Why Estonian Tech Startups Are Keen On Partnering With India

Why Estonian Tech Startups Are Keen On Partnering With India

Rediff.com31 May 2026

Estonian tech startups in AI, cybersecurity, defence, and medicine are showing interest in collaborating with India, aiming to tap into its vast market. Latitude59, a prominent startup conference, is considering hosting a networking event in India next year to foster these partnerships.

Ghaziabad Call Centre Busted For Insurance Fraud

Ghaziabad Call Centre Busted For Insurance Fraud

Rediff.com28 May 2026

Gurugram police have dismantled a cyber fraud operation run from a call centre in Ghaziabad, arresting three individuals accused of defrauding people of significant sums through deceptive insurance and government bond investment schemes.

4 Finance Careers That Really Pay Well

4 Finance Careers That Really Pay Well

Rediff.com28 May 2026

In the latest Rediff series exploring non-traditional careers, Sandeep Goel, professor and dean-research at MDI, Gurgaon lists a range of high-growth finance careers beyond CA, CS, and MBA degrees.

Meet Dr Ros Rivaz, ICC's new face after Indra Nooyi

Meet Dr Ros Rivaz, ICC's new face after Indra Nooyi

Rediff.com30 May 2026

The ICC has announced the appointment of Dr. Ros Rivaz as its new Independent Director, succeeding Indra Nooyi. Rivaz brings extensive experience in governance, corporate strategy, and operational effectiveness to the role.

Netrasemi's Indigenous AI Chipset A2000 Nears Commercial Launch

Netrasemi's Indigenous AI Chipset A2000 Nears Commercial Launch

Rediff.com28 May 2026

Netrasemi, an Indian semiconductor start-up, has announced that its flagship AI chipset, A2000, has achieved silicon bringup and is preparing for commercial production this year. The A2000 SoC, supported by Zoho and the government's DLI programme, will enable smart vision and real-time video analytics for smart cameras and edge AI platforms.

The business behind the three-minute water breaks during FIFA World Cup 2026

The business behind the three-minute water breaks during FIFA World Cup 2026

Rediff.com10 Jun 2026

With hot weather due and memories fresh of the scorching 2025 Club World Cup, FIFA has for the first time mandated three-minute hydration breaks in each half for all 104 matches of the World Cup starting this week in the U.S., Mexico and Canada.

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached assets worth over 581 crore belonging to Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL), companies of Reliance Group Chairman Anil Ambani, as part of an ongoing investigation.

Is A Woman's Consent Only Worth Rs 370?

Is A Woman's Consent Only Worth Rs 370?

Rediff.com12 Jun 2026

I have spent the last couple of days trying to understand what exactly is making me so angry about the viral controversy surrounding comedian Pranit More's crowd-work show. At first, I thought it was because of the audience member whose story has now sparked outrage across social media. Then I thought it was because of the comedian's response.

SRK Didn't Like Cricket': Lalit Modi Reveals How Shah Rukh Bought KKR

SRK Didn't Like Cricket': Lalit Modi Reveals How Shah Rukh Bought KKR

Rediff.com3 Jun 2026

Lalit Modi reveals how a hesitant Shah Rukh Khan was persuaded to buy Kolkata Knight Riders in 2008, helping create one of the IPL's most iconic franchises.

Teen dies after zipline cable snaps at Agra amusement park

Teen dies after zipline cable snaps at Agra amusement park

Rediff.com25 May 2026

A 16-year-old boy, Kunal Agrawal, died after a zipline cable snapped at an amusement facility in Agra, causing him to fall nearly 45 feet. The incident occurred on Sunday evening, and an FIR has been registered as police investigate the private company operating the zipline.

ED raids on Kerala ex-CM Vijayan's homes in CMRL case; violence erupts

ED raids on Kerala ex-CM Vijayan's homes in CMRL case; violence erupts

Rediff.com28 May 2026

CPI(M) workers clashed with security personnel outside former Chief Minister Pinarayi Vijayan's residence in Kerala during Enforcement Directorate (ED) searches related to the alleged CMRL monthly payment case involving his daughter.

How India plans to counter external risks facing its economy

How India plans to counter external risks facing its economy

Rediff.com9 Jun 2026

The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.

Itel Aqua Debuts In India With IP67 Rating

Itel Aqua Debuts In India With IP67 Rating

Rediff.com3 Jun 2026

The India-manufactured Itel Aqua is a tough, everyman phone at a very economical price.

Air India is in the midst of an ambitious transformation plan, but...: CEO Campbell Wilson

Air India is in the midst of an ambitious transformation plan, but...: CEO Campbell Wilson

Rediff.com9 Jun 2026

Outgoing Air India CEO Campbell Wilson stated that the airline's foundations have been rebuilt over the last four years, but non-delivery of aircraft on schedule has significantly impacted growth and fleet modernisation. He also revealed he has no plans to take up another full-time executive position after stepping down.

Ex-govt staffer acquitted in Rs 800 bribery case after 19 years

Ex-govt staffer acquitted in Rs 800 bribery case after 19 years

Rediff.com29 May 2026

A special CBI court in Thane acquitted a former central government employee accused of accepting a bribe, citing insufficient proof of demand despite the recovery of currency notes.

Kerala Police Arrest Four After ED Officials Attacked

Kerala Police Arrest Four After ED Officials Attacked

Rediff.com27 May 2026

Kerala police have arrested four individuals in connection with the violent attack on vehicles carrying Enforcement Directorate (ED) officials who raided former Kerala CM Pinarayi Vijayan's rented house. The arrests followed a stand-off with CPI(M) party workers and leaders.

Disclosure Day Review: Close Encounters of The Tiresome Kind

Disclosure Day Review: Close Encounters of The Tiresome Kind

Rediff.com12 Jun 2026

Steven Spielberg's latest sci-fi offering Disclosure Day attempts to blend political thriller elements with an alien narrative, but despite strong performances and moments of suspense, it ultimately leaves viewers with too many unanswered questions and a somewhat unearned climax laments Sreeju Sudhakaran.

Kerala Minister Alleges Conspiracy Behind ED Office Attack

Kerala Minister Alleges Conspiracy Behind ED Office Attack

Rediff.com28 May 2026

Kerala Home Minister Ramesh Chennithala has alleged that the violent attack on Enforcement Directorate (ED) officials' vehicles was a conspiracy by the CPI(M) to disrupt law and order. The ED raids were linked to financial dealings between former CM Pinarayi Vijayan's daughter's firm and a sand mining company.

J-K Tightens Rules for Courier Companies to Curb Drug Trafficking

J-K Tightens Rules for Courier Companies to Curb Drug Trafficking

Rediff.com13 Mar 2026

The Jammu and Kashmir government has issued an order regulating courier companies, parcel services, and logistics operators in Jammu district to prevent the transport of contraband substances.

Check AIS Before Filing Tax Returns

Check AIS Before Filing Tax Returns

Rediff.com9 Jun 2026

'AIS helps taxpayers check whether all income streams and reportable transactions -- such as interest from old bank accounts, small dividend receipts or transactions across multiple brokers -- have been properly disclosed.' 'Mismatches between these transactions and declared income may trigger automated notices or scrutiny.'

Jalna Factory Raided For Making Fake Ghee, Rs 13 Lakh Stock Seized

Jalna Factory Raided For Making Fake Ghee, Rs 13 Lakh Stock Seized

Rediff.com4 Jun 2026

The Food and Drug Administration (FDA) raided a factory in Jalna, Maharashtra, seizing over Rs 13 lakh worth of suspected adulterated ghee. The unit was allegedly manufacturing fake ghee using edible oil and synthetic essence. Samples have been sent for analysis, and legal action is pending.

Investors Mistake Parle Industries for Melody Toffee Maker, Stock Surges

Investors Mistake Parle Industries for Melody Toffee Maker, Stock Surges

Rediff.com21 May 2026

Shares of Parle Industries Ltd surged by 5% after Prime Minister Narendra Modi gifted Melody toffees to Italian Prime Minister Giorgia Meloni.

Indian IT firms paid record Rs 1.3 trillion to shareholders in FY26 despite AI headwinds

Indian IT firms paid record Rs 1.3 trillion to shareholders in FY26 despite AI headwinds

Rediff.com20 May 2026

India's top 16 IT services companies distributed a record 1.3 trillion to shareholders in FY26 through dividends and share buybacks, a 36.3 per cent increase from FY25, even as the industry grappled with AI-driven business model threats and a significant decline in market capitalisation.

Cognizant Research: Companies Prioritise Custom AI Solutions for Enterprise Value

Cognizant Research: Companies Prioritise Custom AI Solutions for Enterprise Value

Rediff.com11 Mar 2026

Cognizant's research reveals that companies seeking AI adoption favour IT services firms offering custom, full-stack AI solutions, prioritising flexibility and expertise over cost and speed.

Kerala Minister Alleges CPI(M) Conspiracy In ED Attack

Kerala Minister Alleges CPI(M) Conspiracy In ED Attack

Rediff.com27 May 2026

Kerala Home Minister Ramesh Chennithala has condemned the violent attack on Enforcement Directorate (ED) officials' vehicles, alleging a CPI(M) conspiracy to disrupt law and order. He asserted that those involved will face stringent legal action, regardless of their status.