News for 'Custom'

L&T's Q1 profit jumps 14% to Rs 3,926 crore, beating estimates

L&T's Q1 profit jumps 14% to Rs 3,926 crore, beating estimates

Rediff.com29 Jul 2026

Larsen & Toubro (L&T) reported a 14 per cent year-on-year increase in Q1 FY27 profit attributable to owners, reaching Rs 3,926 crore, surpassing analyst estimates, despite facing significant supply-chain disruptions in West Asia.

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

Rediff.com30 Jul 2026

Larsen & Toubro (L&T) is investing Rs 5,000 crore over five years to enter the automotive components sector, focusing on electric vehicle (EV) motors, safety systems, and connected-vehicle technologies, aiming to become a Tier-I auto supplier.

'India is among Standard Chartered's top five wealth markets globally'

'India is among Standard Chartered's top five wealth markets globally'

Rediff.com6 Jul 2026

"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.

E20 petrol safe, no engine failure reported, Gadkari tells Parliament

E20 petrol safe, no engine failure reported, Gadkari tells Parliament

Rediff.com30 Jul 2026

The Indian government has defended its E20 ethanol blending programme, stating that extensive testing and field experience show no evidence of abnormal engine wear, corrosion, or reduced vehicle life, despite a potential 2-6% reduction in fuel economy.

Uff! Priyanka, Isha, Esha And A Melting-With-Love Paris

Uff! Priyanka, Isha, Esha And A Melting-With-Love Paris

Rediff.com14 Jul 2026

Paris Haute Couture Week 2026 saw Indian celebrities and business leaders making stylish appearances across some of fashion's biggest shows.

Why Rs 5 Lakh Health Cover Falls Short

Why Rs 5 Lakh Health Cover Falls Short

Rediff.com28 Jul 2026

Marriage, childbirth, dependent parents and ageing increase the cover a person needs.

Customs Officials Arrest Six in Bengaluru Airport Drug Bust

Customs Officials Arrest Six in Bengaluru Airport Drug Bust

Rediff.com31 Mar 2026

Customs officials at Kempegowda International Airport in Bengaluru seized large quantities of hydroponic ganja from passengers arriving from Bangkok, leading to the arrest of six individuals.

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Rediff.com13 Jul 2026

Bharti Airtel is strategically shifting its focus towards data centres, cloud services, and financial services as key drivers for its next phase of growth, leveraging significant past investments in digital infrastructure, as outlined by Chairman Sunil Mittal in the company's Annual Report for 2025-26.

Can India's New Mobile Scheme Beat China?

Can India's New Mobile Scheme Beat China?

Rediff.com30 Jul 2026

Apple Inc, which had planned to shift only 10 per cent of its global production base from China to India with respect to iPhones at the end of FY26, is currently churning out one out of every four iPhones in the world from India.

How Gen Z Can Build Wealth With 20% Rule

How Gen Z Can Build Wealth With 20% Rule

Rediff.com27 Jul 2026

'Users should protect their savings goals before allocating money to discretionary expenditure.'

Claude AI Now More Accessible With Rupee Pricing In India

Claude AI Now More Accessible With Rupee Pricing In India

Rediff.com14 Jul 2026

Anthropic has introduced Rupee-denominated pricing for its Claude AI assistant in India, making its Pro and Max plans more accessible to one of its largest user communities. This move, alongside the opening of its Bengaluru office and increased revenue, highlights Anthropic's growing focus on the Indian market, a sentiment echoed by rival OpenAI.

Doctor's E20 Petrol Car Ordeal: 'I've Lost Faith In Maruti'

Doctor's E20 Petrol Car Ordeal: 'I've Lost Faith In Maruti'

Rediff.com20 Jul 2026

'I am now driving an electric vehicle. I have lost faith in petrol-run cars.'

Honda to add 3,800 jobs, expand capacity to 80 lakh units by 2028

Honda to add 3,800 jobs, expand capacity to 80 lakh units by 2028

Rediff.com9 Jul 2026

Honda Motorcycle & Scooter India (HMSI) plans to create over 3,800 jobs and expand its annual two-wheeler production capacity to 80 lakh units by 2028, reinforcing India's role as a global manufacturing and export hub for Honda.

Students still throng Jantar Mantar protest site to click selfies

Students still throng Jantar Mantar protest site to click selfies

Rediff.com27 Jul 2026

Two days after a 36-day student agitation concluded at Jantar Mantar, the iconic protest site in New Delhi is already witnessing new demonstrations, including calls for Gorkhaland and women's reservation, alongside curious visitors documenting the aftermath.

RBI Caps Fraud Compensation at Rs 25,000

RBI Caps Fraud Compensation at Rs 25,000

Rediff.com25 Jun 2026

Customers must report the fraud both to their bank and to the National Cyber Crime Reporting Portal or Helpline 1930 within five calendar days of the occurrence of the fraudulent transaction.

Louis Vuitton's World Cup Trophy Trunk Unveiled

Louis Vuitton's World Cup Trophy Trunk Unveiled

Rediff.com17 Jul 2026

Louis Vuitton has once again designed the bespoke trunk for the FIFA World Cup trophy, marking the fifth consecutive tournament. The luxury travel case, featuring a golden V and the brand's monogram, will transport the coveted prize to the New York-New Jersey stadium. This partnership highlights the growing presence of luxury brands in professional sports, with Louis Vuitton also crafting trunks for Formula 1 and Tiffany & Co. for the Super Bowl trophy.

After donation theft, 250 Ayodhya seers meet to rebuild devotee trust

After donation theft, 250 Ayodhya seers meet to rebuild devotee trust

Rediff.com23 Jul 2026

A crucial meeting of around 250 seers and VHP functionaries in Ayodhya will address issues concerning the Ram temple, including ensuring adherence to Vaishnav-Ramanandi traditions, restoring devotee confidence after an alleged donation theft, and deliberating on the Trust's management. The meeting follows deferred decisions by the Shri Ram Janmabhoomi Teerth Kshetra Trust on key appointments.

HP India resellers fined Rs 142 crore by CCI for cartelisation, bid rigging

HP India resellers fined Rs 142 crore by CCI for cartelisation, bid rigging

Rediff.com14 Jul 2026

The Competition Commission of India (CCI) has imposed a total penalty of approximately Rs 142.37 crore on HP India Sales Private Limited and several of its resellers for engaging in cartelisation and bid rigging on the Government e-Marketplace (GeM).

Can Tekton SUV Bring Nissan Back Into the Big League?

Can Tekton SUV Bring Nissan Back Into the Big League?

Rediff.com11 Jul 2026

Nissan Motor India aims to achieve a fourfold increase in domestic sales, targeting 100,000 units annually, and export another 100,000 vehicles from its Chennai plant by financial year 2027-28 (FY28), marking a significant revival of its presence in the Indian passenger vehicle market.

Why Such Fuss About Tata Sons Listing!

Why Such Fuss About Tata Sons Listing!

Rediff.com14 Jul 2026

In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.

Monsoon Getaways Drive Travel Bookings

Monsoon Getaways Drive Travel Bookings

Rediff.com17 Jul 2026

Popular monsoon destinations include Kerala, Goa, Wayanad, Munnar, Mussoorie, Nainital, Bali, Thailand and the Maldives.

Trump to reinstate Hormuz blockade, announces 20% toll on ships

Trump to reinstate Hormuz blockade, announces 20% toll on ships

Rediff.com13 Jul 2026

US President Donald Trump announced the 'reinstatement' of an 'Iranian Blockade' in the Strait of Hormuz, stating the US would charge a 20 per cent levy on transiting cargo for providing security, while Iran warned against any US interference, reaffirming its authority over the critical waterway.

How To Protect Yourself From Online Dark Patterns

How To Protect Yourself From Online Dark Patterns

Rediff.com29 Jun 2026

'Dark patterns exploit human psychology, cognitive biases, urgency, confusion, or lack of attention to increase revenue for digital platforms at the expense of consumer choice and transparency.'

Naseeruddin Shah On Student Protests: 'I Am Boiling With Anger'

Naseeruddin Shah On Student Protests: 'I Am Boiling With Anger'

Rediff.com22 Jul 2026

'...after seeing how our children are being subjected to such oppression at the hands of these masked men carrying sticks.'

Dell Pro Precision 14S: Dell's Thinnest Workstation

Dell Pro Precision 14S: Dell's Thinnest Workstation

Rediff.com17 Jul 2026

The Dell Pro Precision 14S is designed for professionals who need a balance of performance and portability.

IndiGo Secures Largest Ever LEAP Engine Order For A320 Neo Fleet

IndiGo Secures Largest Ever LEAP Engine Order For A320 Neo Fleet

Rediff.com20 Jul 2026

IndiGo, India's largest airline, has placed a record-breaking order with CFM International for over 1,000 LEAP-1A engines to power its 510 Airbus A320 neo family aircraft. This significant deal, announced at the Farnborough International Airshow, also includes extensive MRO support and material services, reinforcing CFM's commitment to the Indian aviation market.

L&T Technology Services Teams Up With Anthropic To Embed Claude AI In Engineering

L&T Technology Services Teams Up With Anthropic To Embed Claude AI In Engineering

Rediff.com14 Jul 2026

L&T Technology Services (LTTS) has announced a strategic partnership with Anthropic to integrate its Claude AI models into LTTS' engineering processes and AI platforms. This collaboration aims to redefine engineering work by enabling faster decision-making, streamlining workflows, and accelerating innovation for global clients, coinciding with Anthropic's new rupee-denominated pricing for Indian customers.

Sex racket busted at luxury Mumbai hotel, 2 actresses rescued

Sex racket busted at luxury Mumbai hotel, 2 actresses rescued

Rediff.com3 Jul 2026

Mumbai Police's anti-human trafficking cell has busted a prostitution racket operating from a luxury hotel in south Mumbai, rescuing two actresses and arresting a make-up artist who allegedly ran the operation.

Margin Squeeze Hits Private Bank Stocks; HDFC, Axis Lead Decline

Margin Squeeze Hits Private Bank Stocks; HDFC, Axis Lead Decline

Rediff.com21 Jul 2026

Shares of major private lenders, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, experienced a sharp selloff after their June-quarter results indicated persistent pressure on net interest margins (NIMs), despite healthy credit growth. This decline overshadowed gains in ICICI Bank and Punjab National Bank (PNB), which reported resilient or stronger-than-expected earnings.

MP Cabinet clears UCC Bill; covers marriage, inheritance, live-in relations

MP Cabinet clears UCC Bill; covers marriage, inheritance, live-in relations

Rediff.com19 Jul 2026

The Madhya Pradesh cabinet has approved the draft Uniform Civil Code (UCC) bill, which will be introduced in the state assembly's monsoon session. The proposed legislation, excluding the tribal community, addresses marriage, live-in relationships, adoption, and inheritance, aiming for women's empowerment and social harmony. Chief Minister Mohan Yadav highlighted broad support and criticised the Congress for its stance.

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

Rediff.com25 Jul 2026

State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.

Time To Make India Attractive To Foreign Capital

Time To Make India Attractive To Foreign Capital

Rediff.com22 Jul 2026

That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.

10 Questions Every First-Time Health Insurance Buyer Must Ask

10 Questions Every First-Time Health Insurance Buyer Must Ask

Rediff.com7 Jul 2026

The best time to buy health insurance is when you don't think you need it.

Customs Officials at Pune Airport Intercept Major Hydroponic Marijuana Shipment

Customs Officials at Pune Airport Intercept Major Hydroponic Marijuana Shipment

Rediff.com29 Mar 2026

Customs officials at Pune International Airport seized a large consignment of hydroponic marijuana, valued at Rs 26.8 crore, that was concealed within boxes labelled as 'Mandarin orange sacs' arriving from Bangkok.

Nirmohi Akhara moves SC seeking reconstitution of Ram temple trust

Nirmohi Akhara moves SC seeking reconstitution of Ram temple trust

Rediff.com19 Jul 2026

The Nirmohi Akhara has approached the Supreme Court, seeking a directive to the Centre to reconstitute the Shri Ram Janmabhoomi Theerth Kshetra Trust as a 'public trust' and include structural safeguards for oversight by seers, citing alleged large-scale embezzlement of donations.

10 AI Careers For Fresh Graduates

10 AI Careers For Fresh Graduates

Rediff.com15 Jul 2026

Dr Lovi Raj Gupta, pro vice-chancellor, Lovely Professional University, explains how aspiring professionals can equip themselves for a competitive AI-driven job market.

Why Policyholders Surrender Life Insurance Policies

Why Policyholders Surrender Life Insurance Policies

Rediff.com20 Jul 2026

Understanding a product and assessing its suitability improve the chances of staying invested. Use life insurance mainly to cover risk, not to seek returns.

9 Facts About The Puri Rath Yatra

9 Facts About The Puri Rath Yatra

Rediff.com16 Jul 2026

July 16 will be the biggest and happiest day of the year in Puri, home to the magnificent Jagannath Temple.

'Future Attacks Are Going To Be Autonomously Run By AI'

'Future Attacks Are Going To Be Autonomously Run By AI'

Rediff.com6 Jul 2026

''When these agents are deployed at enterprise-grade scale, your risk will not just amplify, it will mutate.' 'And the reason is because you will have ungoverned agents.'

Why Is BMW Losing Profit Even After Selling More Cars?

Why Is BMW Losing Profit Even After Selling More Cars?

Rediff.com17 Jul 2026

BMW Group India says every Re 1 depreciation in the rupee against the euro trims its profit margin by about 1 per cent, prompting the company to consider further price increases.