News for 'Company'

'Unlawful': US court strikes down Trump's $100,000 H-1B visa fee

'Unlawful': US court strikes down Trump's $100,000 H-1B visa fee

Rediff.com9 Jun 2026

A US federal judge has ruled that the USD 100,000 fee imposed by former President Donald Trump for H-1B visa applications was unlawful, as it lacked congressional approval. The ruling states the fee was a tax, exceeding the administration's authority and impacting skilled global talent.

UK court orders Nirav Modi to pay over $11.5 million to Bank of India

UK court orders Nirav Modi to pay over $11.5 million to Bank of India

Rediff.com24 Jun 2026

Fugitive diamond merchant Nirav Modi has been ordered by a UK High Court to pay Bank of India over USD 11.5 million, including accruing interest, for a personal loan guarantee related to his Dubai-incorporated firm, Firestar Diamond FZE.

BJP Leaders Assure Support To Family Of Indian Seafarer Killed Off Oman Coast

BJP Leaders Assure Support To Family Of Indian Seafarer Killed Off Oman Coast

Rediff.com13 Jun 2026

BJP leaders and other political figures visited the family of Shivanand Chaurasia in Deoria, Uttar Pradesh, who was among three Indian crew members killed in an attack on merchant ships off the Oman coast. They offered condolences and assured the family of government and party support. Shivanand, an engine fitter, was on a tanker targeted on June 10, and his body was recovered on Thursday.

'Quality Companies To Lead Next IPO Wave'

'Quality Companies To Lead Next IPO Wave'

Rediff.com13 Mar 2026

'The next phase of India's IPO cycle will be defined by quality, pricing discipline and investor selectivity.'

Govt restricts bulk petrol, diesel purchases from retail pumps

Govt restricts bulk petrol, diesel purchases from retail pumps

Rediff.com12 Jun 2026

The Indian government has restricted industrial, commercial, and institutional users from purchasing petrol and diesel from retail petrol pumps, directing them to bulk sale points instead. This move, which can last up to 90 days, aims to address abnormal demand growth and prevent localised shortages caused by a significant price difference between retail and bulk fuel prices.

Stringent MCOCA To Target Organised Gutka Trade In Maharashtra

Stringent MCOCA To Target Organised Gutka Trade In Maharashtra

Rediff.com12 Jun 2026

Maharashtra FDA Commissioner Tukaram Mundhe has directed officials to invoke the stringent Maharashtra Control of Organised Crime Act (MCOCA) against gangs involved in the illegal manufacture and sale of gutka and other banned tobacco products. This move aims to treat such activities as serious organised crimes affecting public health, rather than mere regulatory violations, due to the sophisticated nature of the illegal trade.

Stringent MCOCA To Target Organised Gutka Trade In Maharashtra

Stringent MCOCA To Target Organised Gutka Trade In Maharashtra

Rediff.com12 Jun 2026

Maharashtra FDA Commissioner Tukaram Mundhe has directed officials to invoke the stringent Maharashtra Control of Organised Crime Act (MCOCA) against gangs involved in the illegal manufacture and sale of gutka and other banned tobacco products. This move aims to treat such activities as serious organised crimes affecting public health, rather than mere regulatory violations, due to the sophisticated nature of the illegal trade.

Construction Firm Employees Face Charges For Obstructing Kalina-BKC Link Road

Construction Firm Employees Face Charges For Obstructing Kalina-BKC Link Road

Rediff.com6 Jun 2026

Two employees of a construction firm in Mumbai have been booked for allegedly blocking the new Kalina-BKC Link Road with cranes and other materials, leading to an FIR after viral videos and a failure to comply with MMRDA's request to clear the stretch.

India-UK FTA: Alcobev Industry Welcomes Tariff Cuts, Domestic Makers Seek Level Playing Field

India-UK FTA: Alcobev Industry Welcomes Tariff Cuts, Domestic Makers Seek Level Playing Field

Rediff.com17 Jun 2026

Industry bodies representing alcoholic beverage manufacturers have welcomed the India-UK Free Trade Agreement (FTA), which will see tariffs on UK whisky and gin reduced, boosting bilateral trade and supporting premiumisation. However, domestic manufacturers are calling for state governments to withdraw concessions currently enjoyed by imported liquor brands.

CBI Uncovers Rs 657 Crore Fraud In Haryana And Chandigarh Government Funds

CBI Uncovers Rs 657 Crore Fraud In Haryana And Chandigarh Government Funds

Rediff.com12 Jun 2026

The CBI has filed two chargesheets in connection with the siphoning of Rs 657 crore from Haryana government and Chandigarh Smart City Limited funds held at IDFC First Bank. The fraud involved fictitious transactions, shell entities, and alleged gold purchases and real estate investments, with IDFC First Bank having already reimbursed the Haryana government.

SEE: How K-Pop, Cuisine and Football United South Korea and Mexico

SEE: How K-Pop, Cuisine and Football United South Korea and Mexico

Rediff.com19 Jun 2026

Thanks to major companies like Kia, Mexico has seen a huge influx of South Korean population in places like Monterrey, with Korean cuisine and K-Pop becoming major influences in the country.

Flipkart Strengthens Tech Leadership With Strategic AI And Fintech Appointments

Flipkart Strengthens Tech Leadership With Strategic AI And Fintech Appointments

Rediff.com12 Jun 2026

E-commerce major Flipkart has announced significant appointments to its technology leadership team, bringing in experts in artificial intelligence, data science, fintech, and core engineering. These strategic hires, including Goda Ramkumar, Mohan Palisetti, and Nitesh Jain, are aimed at strengthening Flipkart's capabilities in these critical areas to better serve India's expanding digital consumer and seller base.

Flipkart Strengthens Tech Leadership With Strategic AI And Fintech Appointments

Flipkart Strengthens Tech Leadership With Strategic AI And Fintech Appointments

Rediff.com12 Jun 2026

E-commerce major Flipkart has announced significant appointments to its technology leadership team, bringing in experts in artificial intelligence, data science, fintech, and core engineering. These strategic hires, including Goda Ramkumar, Mohan Palisetti, and Nitesh Jain, are aimed at strengthening Flipkart's capabilities in these critical areas to better serve India's expanding digital consumer and seller base.

Fintechs Seek Safe Harbour Shield

Fintechs Seek Safe Harbour Shield

Rediff.com5 Jun 2026

'There has to be a safe harbour for licensed entities, which have followed all the norms prescribed by the RBI.'

Want To Study At Melbourne University?

Want To Study At Melbourne University?

Rediff.com22 Jun 2026

'We're doing a lot of work around work-integrated learning, providing students with every opportunity to take at least part of their education as a practical work-based experience.'

Centre tightens FCRA rules for NGOs receiving foreign funds

Centre tightens FCRA rules for NGOs receiving foreign funds

Rediff.com23 Jun 2026

The Indian government has amended the Foreign Contribution Regulation Act (FCRA) rules, introducing stricter regulations for NGOs receiving foreign funds. Key changes include mandatory selection of predefined purposes and areas of operation, restrictions on foreign nationals as key functionaries, and explicit exclusion of proselytisation from certain faith-based activities. The amendments also introduce minimum spending limits, enhanced financial accountability, and increased transparency requirements, including social media disclosure and ultimate donor identification.

Electric passenger vehicle retail sales jump 81.20% to 26,682 units in May: FADA

Electric passenger vehicle retail sales jump 81.20% to 26,682 units in May: FADA

Rediff.com9 Jun 2026

Electric passenger vehicle retail sales in India surged by 81.2 per cent to 26,682 units in May, with Tata Motors leading the segment, while electric two-wheeler sales also saw a substantial 62.76 per cent increase, according to the Federation of Automobile Dealers Associations (FADA).

Stanford students walk out during Sundar Pichai's address over deal with Israel

Stanford students walk out during Sundar Pichai's address over deal with Israel

Rediff.com15 Jun 2026

Students at Stanford University staged a walkout during Google CEO Sundar Pichai's commencement address, protesting the company's ties with the Israeli government, particularly its Project Nimbus cloud-computing deal.

Google Cloud services disrupted in India after Delhi data centre fire

Google Cloud services disrupted in India after Delhi data centre fire

Rediff.com10 Jun 2026

Google Cloud services in major Indian cities, including Delhi, Mumbai, and Chennai, are experiencing network disruptions and elevated latency following a fire at a third-party data centre facility in the national capital, which necessitated an emergency power shutdown.

'The Way You Buy Is Going To Change'

'The Way You Buy Is Going To Change'

Rediff.com6 Jun 2026

'Today, we see people go on ChatGPT to ask 'can you plan my holiday' and then they have to go outside of the ChatGPT window to make all the bookings and so how can we complete that really high-intent use case that a user has come to ChatGPT with and help them complete that all the way within the chat GPT window.'

India Achieves Quantum Cooling Milestone

India Achieves Quantum Cooling Milestone

Rediff.com20 Jun 2026

This is one of the coldest temperatures achieved in a research facility in India with more than 80 per cent domestically sourced components.

Emirates NBD buys majority stake in RBL Bank for $2.75 bn

Emirates NBD buys majority stake in RBL Bank for $2.75 bn

Rediff.com18 Jun 2026

Emirates NBD Bank has successfully acquired a 60 per cent majority stake in RBL Bank through a primary capital infusion of approximately USD 2.75 billion, marking the largest foreign direct investment in India's banking sector.

Indian Pharma Firms Deepen US Investment in Specialty Drugs Amidst Generic Pressure

Indian Pharma Firms Deepen US Investment in Specialty Drugs Amidst Generic Pressure

Rediff.com2 Jun 2026

Indian pharmaceutical companies are strategically increasing investments in the US market, focusing on specialty drugs, complex generics, respiratory products, and local manufacturing, despite a nearly 10 per cent fall in exports to the US in FY26 due to pricing pressure and competition in traditional generics.

Father's Day: 'I Work Odd Hours, But I Still Show Up'

Father's Day: 'I Work Odd Hours, But I Still Show Up'

Rediff.com21 Jun 2026

For Valerian Vincent, who works a night shift for a US-based company, fatherhood means squeezing playtime, learning and love into the few precious hours he gets with his one-and-a-half-year-old son.

JSW Motors to roll out 15 new-energy vehicles in India by 2027, targeting premium segment

JSW Motors to roll out 15 new-energy vehicles in India by 2027, targeting premium segment

Rediff.com12 Jun 2026

JSW Motors, part of the JSW group, is set to enter India's passenger vehicle market with plans to launch 15 new-energy vehicles (NEVs) over the next four years, with deliveries commencing from December 2026.

Hormuz Reopening to Ease India's Oil Supply Risks, Lower Prices

Hormuz Reopening to Ease India's Oil Supply Risks, Lower Prices

Rediff.com15 Jun 2026

The reopening of the Strait of Hormuz, following a ceasefire agreement between the US and Iran, is expected to significantly ease India's crude oil supply risks, lower freight costs, and reduce inflationary pressures, as global oil prices have already dropped.

Priyanka Chopra To Star With Angelina Jolie

Priyanka Chopra To Star With Angelina Jolie

Rediff.com19 Jun 2026

Priyanka Chopra Jonas has announced a collaboration with Angelina Jolie while also sharing insights into her role in S S Rajamouli's Varanasi.

How Nykaa Is Revolutionising Beauty And Fashion Shopping With OpenAI

How Nykaa Is Revolutionising Beauty And Fashion Shopping With OpenAI

Rediff.com16 Jun 2026

Beauty and lifestyle retailer Nykaa has announced a multi-year collaboration with OpenAI to integrate AI-driven shopping experiences through ChatGPT. This partnership will allow users to receive conversational recommendations for beauty and fashion products, with Nykaa fulfilling these queries. Additionally, OpenAI's technologies will be deployed across Nykaa's internal operations to boost productivity.

Magical Salah inspires Egypt to historic World Cup victory

Magical Salah inspires Egypt to historic World Cup victory

Rediff.com22 Jun 2026

Talismanic Mohamed Salah scores twice to help Egypt rally to 3-1 win over New Zealand on Sunday.

Reliance Retail to build manufacturing, export platforms for next phase of growth: Mukesh Ambani

Reliance Retail to build manufacturing, export platforms for next phase of growth: Mukesh Ambani

Rediff.com19 Jun 2026

Reliance Industries Ltd (RIL) is preparing for its next phase of growth by establishing advanced manufacturing and export platforms to strengthen its consumer products ecosystem and expand its global footprint, Chairman and MD Mukesh Ambani announced.

Rakul Singh Shares A Taste Of New York

Rakul Singh Shares A Taste Of New York

Rediff.com9 Jun 2026

Rakul Singh and Jackky Bhagnani recently jetted off to New York for a delightful vacation with friends, indulging in culinary delights and sharing glimpses of their fun escape.

Avoid Costly Mistakes In ITR Filing

Avoid Costly Mistakes In ITR Filing

Rediff.com24 Jun 2026

With more granular reporting and enhanced data matching, mismatches are likely to be identified more quickly.

RIL to build Meta's first AI data centre in India

RIL to build Meta's first AI data centre in India

Rediff.com11 Jun 2026

Meta has partnered with Reliance Industries Ltd (RIL) to construct its first AI-powered data centre in India, a 168-megawatt facility located in Jamnagar, marking a significant milestone in Meta's global infrastructure expansion and deepening its strategic partnership with Reliance.

Indian LNG carrier safely crosses Hormuz, first since US-Iran ceasefire

Indian LNG carrier safely crosses Hormuz, first since US-Iran ceasefire

Rediff.com15 Jun 2026

A Liquefied Natural Gas (LNG) carrier, chartered by an Indian firm, safely transited through the Strait of Hormuz -- the first Indian LNG tanker to cross the war-hit narrow shipping lane since the war in West Asia broke out more than three and a half months back.

Titan's expansion plans earn glittering outlook

Titan's expansion plans earn glittering outlook

Rediff.com6 Jun 2026

Titan Company's ambitious roadmap to achieve a 20 per cent revenue compound annual growth rate (CAGR) by financial year 2030 (FY30) has garnered a positive outlook from analysts, who highlight the company's strong brand, sourcing capabilities, and diversified portfolio as key strengths.

How A Tea Break Cost Nagpur Employees Rs 5 Lakh

How A Tea Break Cost Nagpur Employees Rs 5 Lakh

Rediff.com9 Jun 2026

Two employees in Nagpur lost Rs 5 lakh cash from their car after stopping for a tea break, with thieves swiftly taking advantage of the unattended vehicle. Police are investigating the theft and examining CCTV footage.

Airtel Defends Its Priority Postpaid Plans

Airtel Defends Its Priority Postpaid Plans

Rediff.com6 Jun 2026

Airtel, which upgraded all postpaid customers to priority plans, argued that the service did not throttle or degrade the experience for its prepaid customers, forming the majority of its 368 million customers in the country.

LPG Cylinder Price Up By Rs 29: Second Hike In 3 Months

LPG Cylinder Price Up By Rs 29: Second Hike In 3 Months

Rediff.com7 Jun 2026

Domestic cooking gas (LPG) prices have increased by Rs 29 per cylinder, marking the second hike in three months due to rising global energy costs. This follows broader fuel price increases for petrol, diesel, and CNG, with state-owned retailers still incurring significant losses despite the revisions.

Someone Else Owns India's Off Switch

Someone Else Owns India's Off Switch

Rediff.com17 Jun 2026

A sovereign cloud, our own DNS root and Root CA, a defence-led research base that builds for keeps, and a real national cybersecurity strategy that outlives electoral cycles are not vanity projects. They are the difference between a nation that can be switched off and one that cannot, points out Venkata Satish Guttula.

'Education Minister Must Resign'

'Education Minister Must Resign'

Rediff.com2 Jun 2026

'The software vendor had a black mark against him and yet they went ahead with him. Why was this company shortlisted? Who is responsible for signing off this software?'