News for 'Control Companies'

'Tata Trusts Wants To Determine Destiny Of Group Companies'

'Tata Trusts Wants To Determine Destiny Of Group Companies'

Rediff.com2 days ago

'Members of Indian family businesses have considered it their birthright to work there and responsibility to take care of it.'

Shapoorji Pallonji Group backs Tata Sons listing, bolstering board's push

Shapoorji Pallonji Group backs Tata Sons listing, bolstering board's push

Rediff.com3 days ago

The Shapoorji Pallonji (SP) Group, the second-largest shareholder in Tata Sons, has publicly endorsed a listing of the Tata Group's holding company, aligning with the board's push for greater transparency and public accountability despite opposition from the Tata Trusts.

Microsoft India President On AI's Future And Investment In The Nation

Microsoft India President On AI's Future And Investment In The Nation

Rediff.com55 minutes ago

Microsoft India and South Asia President, Puneet Chandok, discusses the company's strong belief in human-centric AI development, significant investments in India's cloud and AI infrastructure, and the country's pivotal role as an AI market, talent hub, and technology builder. He highlights AI's impact on jobs and the need for responsible innovation.

Bharti Airtel's Homegrown Cloud Platform Secures 40 Customers, Targets Manufacturing Sector

Bharti Airtel's Homegrown Cloud Platform Secures 40 Customers, Targets Manufacturing Sector

Rediff.com1 days ago

Bharti Airtel's homegrown cloud platform, Airtel Cloud, has acquired approximately 40 customers within a year of its launch, with a significant portion coming from the manufacturing sector. The platform, designed for Indian companies, offers sovereign, telco-grade cloud infrastructure, connectivity, and GenAI-based provisioning, addressing the growing demand for secure, India-hosted data solutions, particularly for sensitive workloads and regulated sectors.

FMCG firms to hold prices through festive season despite rising commodity costs

FMCG firms to hold prices through festive season despite rising commodity costs

Rediff.com1 days ago

Fast-moving consumer goods (FMCG) companies in India are committed to maintaining current prices through the festive season, despite facing increased commodity costs and geopolitical disruptions. This strategy aims to protect consumer demand and sustain volume growth, even as margins remain under pressure.

'Tatas May Challenge RBI's Decision'

'Tatas May Challenge RBI's Decision'

Rediff.com6 days ago

'...but should prepare for listing unless a court grants effective interim relief.'

Chandra reappointment: Tata Trusts call the vote 'illegal', setting up boardroom battle

Chandra reappointment: Tata Trusts call the vote 'illegal', setting up boardroom battle

Rediff.com4 days ago

The Tata Sons board has voted to reappoint N Chandrasekaran as chairman for a third five-year term, a decision influenced by the Reserve Bank of India's rejection of the company's application to surrender its NBFC registration, which revives the prospect of a stock market listing.

Tata's Problem Is India's Problem

Tata's Problem Is India's Problem

Rediff.com4 days ago

J R D Tata, chairman of the Tata group from 1938 to 1991, said that whenever he had to make a difficult decision, he would ask himself, what will be good for India, and what will be good for the Tatas. If he had a doubt, he would decide in favour of India. In the long run, it would turn out well for the Tatas too, he said, points out Arun Maira.

Padikkal's maiden ton puts India in control on Day 1 vs Sri Lanka

Padikkal's maiden ton puts India in control on Day 1 vs Sri Lanka

Rediff.com15 Aug 2026

Devdutt Padikkal's maiden Test century put India firmly in control on the opening day of the first Test against Sri Lanka, with the visitors reaching 288/2 at stumps.

'They Fought To The Last Man, Last Bullet, Last Breath'

'They Fought To The Last Man, Last Bullet, Last Breath'

Rediff.com3 days ago

I had found spending one night at 14,500 feet inside a cottage difficult to get by -- struggling to breathe in the cold, thin, mountain air. Here, our soldiers had fought a ferocious battle at much greater heights in bone-chilling weather, worse than I had encountered. 114 men were killed in action in a 16-hour epic battle against China in Rezang La, the farthest outpost along India's border with China.

Salesforce Sees India Leading Global Agentic AI Innovation

Salesforce Sees India Leading Global Agentic AI Innovation

Rediff.com1 days ago

Salesforce executives, including South Asia CEO Arundhati Bhattacharya, predict a significant shift in India towards wider enterprise AI adoption, moving from experimentation to production deployments. The company plans to invest in physical infrastructure and talent upskilling in India. Salesforce's vision for the "agentic enterprise" involves a four-layer architecture, emphasising the need for robust security and governance for autonomous agents. Executives also highlighted the evolving nature of jobs, with AI handling repetitive tasks and creating new specialised roles, positioning India as a potential leader in agentic innovation by 2030.

US de-lists 4 Indian companies sanctioned over Russia links

US de-lists 4 Indian companies sanctioned over Russia links

Rediff.com1 Jul 2026

The United States has removed four Indian companies from its sanctions list, which had been accused of supplying advanced technology and equipment to Russia's military-industrial complex. The de-listed firms include RRG Engineering Technologies, Lokesh Machines, Galaxy Bearings, and Shaurya Aeronautics, previously sanctioned for exporting dual-use items to Russian entities.

Why Tata Trusts Should Let Go Of Tata Sons

Why Tata Trusts Should Let Go Of Tata Sons

Rediff.com5 days ago

A stake sale by Tata Trusts will help it to have a larger corpus that could be used to balance the unequal dividends that flow from Tata Sons on an ongoing basis.

Why China Is Pushing For International AI Governance

Why China Is Pushing For International AI Governance

Rediff.com6 days ago

China has called for stronger global governance of artificial intelligence, advocating for international cooperation to develop the technology for humanity's benefit while preventing it from getting out of control. This comes amidst warnings from leading AI researchers in the US about potential existential risks, with China emphasizing both rapid development and robust safeguards, including its new AI Safety Governance Framework 3.0. The issue is expected to be a key topic in upcoming US-China talks.

35,000 security personnel deployed in Delhi for BRICS summit

35,000 security personnel deployed in Delhi for BRICS summit

Rediff.com10 Sep 2026

Delhi Police has implemented a comprehensive multi-layered security system for the upcoming BRICS Summit in New Delhi, deploying 15,000 personnel, 200 paramilitary companies, and over 500 CCTV cameras. The arrangements aim to ensure maximum security for visiting dignitaries while minimising public inconvenience, with extensive coordination across agencies and states, and robust measures at the main venue, Bharat Mandapam.

Nirmala Sitharaman Calls For Faster CBDC Progress And Stronger Cybersecurity Measures

Nirmala Sitharaman Calls For Faster CBDC Progress And Stronger Cybersecurity Measures

Rediff.com11 Sep 2026

Finance Minister Nirmala Sitharaman has urged the Reserve Bank of India to accelerate its central bank digital currency initiatives, emphasising the need to sharpen capabilities with the digital rupee amidst rapid advancements in tokenisation, agentic AI, and quantum computing. She also highlighted critical concerns regarding cybersecurity, warning that autonomous AI systems are evolving rapidly and require robust safeguards. Sitharaman proposed a federated industry platform to give India's technology ecosystem a collective international voice.

Tata Sons Boardroom Battle: Listing Decision Sparks Controversy

Tata Sons Boardroom Battle: Listing Decision Sparks Controversy

Rediff.com3 days ago

A significant boardroom battle has erupted at Tata Sons, India's largest conglomerate, following the board's decision to proceed with a public listing and extend N Chandrasekaran's tenure as executive chairman, moves opposed by Noel Tata, who represents the majority shareholder Tata Trusts.

When Will Tata Sons List?

When Will Tata Sons List?

Rediff.com13 Sep 2026

'Listing leads to greater transparency and shareholder oversight.'

I Stood Where Every Man Died A Hero's Death

I Stood Where Every Man Died A Hero's Death

Rediff.com3 days ago

The soil mingled with the blood of 114 soldiers, gathered from the battlefield, has been preserved in a glass bottle in Rezang La. When the frozen bodies of the were recovered, they had their rifles in hand, fingers on the trigger, pointed towards the enemy. The mountains they defended will never forget them. Neither should we.

FDA suspends licences of Mumbai's iconic Cafe Mondegar, 3 other eateries

FDA suspends licences of Mumbai's iconic Cafe Mondegar, 3 other eateries

Rediff.com5 days ago

The Maharashtra Food and Drug Administration (FDA) has suspended the licences of popular Mumbai restaurant Cafe Mondegar and three other food establishments due to serious food safety and hygiene violations. This action is part of an intensified crackdown by the FDA, which also saw inspections of 38 establishments, seizure of substandard food products worth over Rs 15 lakh, and action against banned gutkha products totalling Rs 1.35 crore in seized goods and vehicles across Maharashtra.

Indian Investors Boost Paytm Stake To Over 51%

Indian Investors Boost Paytm Stake To Over 51%

Rediff.com15 Jul 2026

Paytm's parent company, One 97 Communications Ltd, has seen its domestic ownership increase to 51.6% in Q1 FY27, solidifying its status as an Indian-Owned and Controlled Company. This rise is driven by increased investments from mutual funds and insurance companies, reflecting growing investor confidence following Paytm's first full-year profit in FY26 and improved operating performance.

Indian Investors Boost Paytm Stake To Over 51%

Indian Investors Boost Paytm Stake To Over 51%

Rediff.com15 Jul 2026

Paytm's parent company, One 97 Communications Ltd, has seen its domestic ownership increase to 51.6% in Q1 FY27, solidifying its status as an Indian-Owned and Controlled Company. This rise is driven by increased investments from mutual funds and insurance companies, reflecting growing investor confidence following Paytm's first full-year profit in FY26 and improved operating performance.

Vibe Review: More Ridiculous Than Funny

Vibe Review: More Ridiculous Than Funny

Rediff.com3 days ago

Despite occasional bursts of spunky comedy, the madness simply doesn't land as expected, and the overall vibe feels off with Vibe.

Bengaluru healthcare firm owner held in interstate fake drug racket

Bengaluru healthcare firm owner held in interstate fake drug racket

Rediff.com5 days ago

Karnataka Health Minister U T Khader announced the busting of a major interstate counterfeit drug racket, leading to an arrest and an ongoing investigation into the suspected supply of fake medicines to hospitals. The racket involved procuring cheap drugs, refilling them, and relabelling them as premium brands, with seizures worth Rs 5 crore. A Special Investigation Team (SIT) has been formed to probe the widespread network.

ONGC to spend Rs 1 trillion on deepwater oil exploration

ONGC to spend Rs 1 trillion on deepwater oil exploration

Rediff.com1 Sep 2026

State-run ONGC plans a massive Rs 1 trillion investment in deepwater exploration over the next five years, aiming to drill 87 wells to counter declining domestic crude oil and natural gas production. The company is also establishing a trading firm and its overseas arm, OVL, is pursuing operatorship of assets in Venezuela.

Tata Curvv EV Just Got Cheaper, And More Attractive

Tata Curvv EV Just Got Cheaper, And More Attractive

Rediff.com10 Sep 2026

The Tata Curvv EV Series X keeps its distinctive coupe-SUV design but becomes a more attractive package with a standard 55kWh battery, more features and a lower starting price of Rs 16.99 lakh.

Ola unveils S1Z EV scooter with made in India battery tech

Ola unveils S1Z EV scooter with made in India battery tech

Rediff.com4 Sep 2026

The new range brings Ola's 46-series LFP cells to its most affordable scooter lineup aimed at India's mass-market electric vehicle (EV) buyers.

Enemies Beware! India Widens Missile Testing Infrastructure

Enemies Beware! India Widens Missile Testing Infrastructure

Rediff.com7 days ago

Specialised range taking shape in Andhra Pradesh, while West Bengal clears way for DRDO's new testing facility.

Lalu, Rabri, Tejashwi among nine charged in IRCTC hotel scam

Lalu, Rabri, Tejashwi among nine charged in IRCTC hotel scam

Rediff.com11 Sep 2026

A Delhi court has ordered the framing of money laundering charges against former railway minister Lalu Prasad Yadav, his wife Rabri Devi, son Tejashwi Yadav, and six others in the alleged IRCTC hotel scam. The court found strong suspicion of a manipulated tender for railway hotels and a quid pro quo involving land transfer at undervalued rates.

How TCS Is Advancing AI-Led Manufacturing In India

How TCS Is Advancing AI-Led Manufacturing In India

Rediff.com9 Sep 2026

Tata Consultancy Services (TCS) has inaugurated India's first Industrial Autonomy & Engineering Lab in Pune, a "lights-out factory lab" designed to advance AI-led manufacturing. The facility features a robotic battery pack assembly line, enabling manufacturers to prototype and scale AI-first production systems with minimal human intervention, simulating self-optimising factories.

Delhi on high alert for BRICS meet, traffic curbs on key roads

Delhi on high alert for BRICS meet, traffic curbs on key roads

Rediff.com11 Sep 2026

New Delhi is under a thick blanket of security as it hosts top world leaders for the BRICS Summit. Extensive security measures, including thousands of personnel and CCTV cameras, are in place. Commuters can expect temporary traffic restrictions and diversions due to VVIP movements, though officials aim to minimise public inconvenience.

Did Dhoni Ask for 25 per cent? CSK Gives Blunt Reply

Did Dhoni Ask for 25 per cent? CSK Gives Blunt Reply

Rediff.com12 Sep 2026

MS Dhoni's reported bid for a stake in Chennai Super Kings has been denied by the franchise, which said the former captain never approached them about buying a share in the IPL team.

Why 9/11 Still Matters

Why 9/11 Still Matters

Rediff.com11 Sep 2026

On the 25th anniversary of that world-changing morning in New York, it is also for the rest of to reflect. Not only on those who were killed but also on why the event happened and what led to it and what came after it, asserts Aakar Patel.

US, EU flag India's 'trade barriers' at WTO, citing high tariffs, QCOs, and digital trade curbs

US, EU flag India's 'trade barriers' at WTO, citing high tariffs, QCOs, and digital trade curbs

Rediff.com10 Sep 2026

The United States and the European Union have strongly criticised India's trade policies at the World Trade Organization review, highlighting concerns over high tariffs, quality-control orders (QCOs), and restrictions on digital trade and services, which they argue undermine India's economic openness.

BJP Faces West Bengal Investment Test

BJP Faces West Bengal Investment Test

Rediff.com7 Sep 2026

West Bengal could be the Bharatiya Janata Party's real test case of its business-friendly policies, points out Kanika Datta.

Tata Elxsi To Power Sarla Aviation's Innovative Shunya Air Taxi

Tata Elxsi To Power Sarla Aviation's Innovative Shunya Air Taxi

Rediff.com1 Sep 2026

Tata Elxsi has partnered with Sarla Aviation to develop the Shunya air taxi platform. Tata Elxsi will provide engineering support for avionics, software integration, and certification, while Sarla Aviation will lead the design and type certification of the electric vertical take-off and landing (VTOL) aircraft.

How To Pick The Right Broker

How To Pick The Right Broker

Rediff.com6 days ago

Investors opening new brokerage accounts must choose a broker suited to their style.

5 Entities With 62% Voting Rights Behind Subhash Chandra's Rs 6.5 Cr Insolvency Plan Getting NCLT Nod

5 Entities With 62% Voting Rights Behind Subhash Chandra's Rs 6.5 Cr Insolvency Plan Getting NCLT Nod

Rediff.com30 Aug 2026

The National Company Law Tribunal (NCLT) has approved media baron Subhash Chandra's personal insolvency resolution plan, which proposes to pay Rs 6.5 crore against admitted creditor claims of approximately Rs 22,006.57 crore, despite allegations from dissenting lenders that five family-linked entities controlled 61.78 per cent of the voting share.

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

Rediff.com27 Aug 2026

Indian banks and non-banking financial companies (NBFCs) are undertaking a comprehensive review and reset of their engagement terms with fintech firms, driven by the Reserve Bank of India's (RBI) draft Guidance on Regulatory Expectations for Data Governance and the stringent compliance requirements of the Digital Personal Data Protection (DPDP) Act, 2023, and its 2025 Rules.

Trump announces 'biggest oil deal in world history' with Venezuela

Trump announces 'biggest oil deal in world history' with Venezuela

Rediff.com29 Aug 2026

Donald Trump announced a landmark agreement with Venezuela, claiming it to be the 'biggest oil deal in world history'. The deal reportedly grants the US majority control over more than 65 billion barrels of Venezuela's proven crude oil reserves, aiming to double American oil reserves and lower domestic gasoline prices.