News for 'Customs'

Jio Platforms IPO bids cross Rs 50,000 cr after record 100 minutes sellout

Jio Platforms IPO bids cross Rs 50,000 cr after record 100 minutes sellout

Rediff.com3 days ago

Jio Platforms Ltd's (JPL) public offer, valued at Rs 30,213 crore, was fully subscribed within 100 minutes of opening, making it the fastest-ever subscribed IPO in India, driven by strong institutional demand.

What Sunil Mittal said on Musk's Starlink satellite's internet approval in India

What Sunil Mittal said on Musk's Starlink satellite's internet approval in India

Rediff.com14 Oct 2026

Bharti Airtel Chairman Sunil Bharti Mittal stated that his satcom venture, Eutelsat OneWeb, is 'significantly ahead' of Elon Musk's Starlink in the Indian satcom queue, having applied for a licence five years ago, and expressed a desire to receive regulatory approval before Starlink.

Is Your CV Speaking To A Robot?

Is Your CV Speaking To A Robot?

Rediff.com15 Oct 2026

Focus on clarity. Avoid keyword stuffing, advises Sarieka S Vaze, head of HR and administration at Montran Corporation.

Jio Platforms IPO: What it means for Reliance's debt-free ambition and shareholder value

Jio Platforms IPO: What it means for Reliance's debt-free ambition and shareholder value

Rediff.com16 Oct 2026

Jio Platforms, the digital arm of Reliance Industries Ltd (RIL), is launching its initial public offering (IPO) with a price band of 1,065-1,119 a share, aiming to make RIL a net-debt-free company and create long-term shareholder value.

Police Bust Illegal Call Centre In Lonavala, Arrest 20 For Defrauding Foreigners

Police Bust Illegal Call Centre In Lonavala, Arrest 20 For Defrauding Foreigners

Rediff.com16 Oct 2026

Twenty individuals were arrested in Lonavala, Maharashtra, for operating an illegal call centre that defrauded foreign nationals. The accused impersonated representatives of companies like Amazon and Google, threatening victims with fake drug cases to extract banking details and money.

Signaltron, Signalchip Ink Pact With Indonesia's BRIN For Advanced Telecom Tech

Signaltron, Signalchip Ink Pact With Indonesia's BRIN For Advanced Telecom Tech

Rediff.com6 days ago

Indian telecom gear maker Signaltron and semiconductor firm Signalchip have partnered with Indonesia's sovereign research body PRT BRIN to develop and deploy advanced telecom technologies, including 4G, 5G, and future 6G, specifically tailored for Indonesia's unique archipelagic geography to connect underserved regions.

AI Firm RapidCanvas Raises $29 Million For Global Expansion

AI Firm RapidCanvas Raises $29 Million For Global Expansion

Rediff.com16 Oct 2026

AI-managed services firm RapidCanvas, with a significant employee base in India, announced on Friday that it has raised USD 29 million (approximately Rs 275 crore) in Series B funding. The round was led by Vertex Ventures SEA and India, with participation from Hitachi Ventures and existing investors. The company plans to use the funds to expand its go-to-market teams, partner network, and grow its employee base and engineering teams in India, the US, and Brazil, while also investing in product development.

Yeh Jeevan Hai... Well Done Appa!!

Yeh Jeevan Hai... Well Done Appa!!

Rediff.com17 Oct 2026

Some people leave behind a business. A rare few leave behind a place in people's hearts. Appa leaves behind both.

TCS to hire 80% of new workforce with digital, AI skills; AI work to expand profitability

TCS to hire 80% of new workforce with digital, AI skills; AI work to expand profitability

Rediff.com12 Oct 2026

Tata Consultancy Services (TCS) plans for 80% of its new hires to possess digital and Artificial Intelligence (AI) skills, anticipating that the growing share of AI-led work will significantly boost its profit margins.

Jio Platforms IPO Oversubscribed 5.57 Times, Draws Rs 3.73 Lakh Crore Demand

Jio Platforms IPO Oversubscribed 5.57 Times, Draws Rs 3.73 Lakh Crore Demand

Rediff.com2 days ago

Jio Platforms Ltd's Rs 30,213-crore initial public offering (IPO) has garnered bids worth Rs 3.73 lakh crore, achieving a subscription rate of 5.57 times the shares on offer, driven by robust institutional and anchor investor demand.

Savings Account Fees You Should Know

Savings Account Fees You Should Know

Rediff.com9 Oct 2026

The goal is to ensure that your bank works for you, providing liquidity and convenience without charging you for the privilege of holding your own money.

LFW 2026: Vote For Your Favourite Showstopper!

LFW 2026: Vote For Your Favourite Showstopper!

Rediff.com5 days ago

Lakme Fashion Week x FDCI 2026 gave us dramatic silhouettes, experimental fashion and plenty of celebrity moments.

Victoria's Secret Fashion Show 2026: Kylie's 50 Million Bra To Barbara's Postpartum Walk

Victoria's Secret Fashion Show 2026: Kylie's 50 Million Bra To Barbara's Postpartum Walk

Rediff.com5 days ago

The Victoria's Secret Fashion Show returned to the spotlight in Los Angeles on October 18, bringing together some of the world's biggest models and music stars for a night of high-octane glamour.

Axis Bank To Hire 12,500 Freshers

Axis Bank To Hire 12,500 Freshers

Rediff.com5 Oct 2026

'Get people young, train them, assimilate them, and grow them adequately.'

TCS: US green card programme suspension won't impact workforce strategy

TCS: US green card programme suspension won't impact workforce strategy

Rediff.com9 Oct 2026

Tata Consultancy Services (TCS) has stated that the recent suspension of eight IT firms, including itself, from a US green card programme will not impact its workforce strategy or customer engagements, citing its low number of applications and focus on local hiring.

CCAvenue Brings Apple Pay To Its Merchant Network

CCAvenue Brings Apple Pay To Its Merchant Network

Rediff.com30 Sep 2026

Apple Pay has officially launched in India, integrating with CCAvenue and partnering with Axis Bank to bring secure and convenient mobile payment solutions to millions of iPhone, iPad, and Apple Watch users across a vast network of merchants.

Ooh La La, Janhvi!

Ooh La La, Janhvi!

Rediff.com5 Oct 2026

Janhvi Kapoor had quite the fashionable weekend in Paris, serving not one but two very different looks during her time in the French capital.

Punjab Government Steps Up Fight Against Illegal Mining

Punjab Government Steps Up Fight Against Illegal Mining

Rediff.com7 days ago

The Punjab government has intensified its crackdown on illegal mining across Pathankot, Kapurthala, and Sri Anandpur Sahib. Operations led to the seizure of heavy machinery and vehicles, registration of cases, and one arrest. Mines and Geology Minister Barinder Kumar Goyal affirmed the government's commitment to eliminating illegal mining and ensuring strict legal action against violators.

RBI Rate Hike to Test Housing Affordability, Buyer Sentiment During Festive Season

RBI Rate Hike to Test Housing Affordability, Buyer Sentiment During Festive Season

Rediff.com8 Oct 2026

The Reserve Bank of India's 25-basis point increase in the repo rate to 5.5 per cent is expected to exert pressure on housing affordability and buyer sentiment, particularly affecting interest rate-sensitive segments and potentially moderating sales during the crucial festival season.

Cisco CEO Chuck Robbins: Why Slowing Down AI Is Not The Answer

Cisco CEO Chuck Robbins: Why Slowing Down AI Is Not The Answer

Rediff.com14 Oct 2026

Cisco Chairman and CEO Chuck Robbins stated that attempts to slow down AI development are futile. He emphasised that the primary focus should be on enhancing security and defensive measures to match AI's rapid advancement. Robbins also discussed the need for guardrails in AI model releases, the importance of cyber hygiene, and the balancing act between innovation and regulation, particularly for countries like India. He believes AI will not be a net job disruptor but will move people up the value chain.

Major Drug Bust At Bengaluru Airport: Rs 6.33 Crore Hydroponic Ganja Seized

Major Drug Bust At Bengaluru Airport: Rs 6.33 Crore Hydroponic Ganja Seized

Rediff.com28 Sep 2026

Bengaluru Customs officials arrested two passengers from Bangkok at Kempegowda International Airport for smuggling hydroponic ganja worth Rs 6.33 crore. This incident is part of a series of recent seizures, including more ganja and gold, highlighting ongoing efforts against contraband.

Kumar Mangalam Birla: AI Investments Must Yield Returns, Avoid FOMO

Kumar Mangalam Birla: AI Investments Must Yield Returns, Avoid FOMO

Rediff.com13 Oct 2026

Aditya Birla Group Chairman Kumar Mangalam Birla stated on Tuesday that investments in artificial intelligence should be driven by potential returns, not by a "fear of missing out." Speaking at the 2026 Bloomberg New Economy Forum, Birla indicated that his group would adopt AI more gradually than previously planned, moving away from an "AI arms race" mentality. He also discussed the varied applications of AI across different business sectors, the challenges of capital allocation, and the impact of geopolitical events on global companies.

Incoming Air India CEO outlines priorities: Safety, reliability, profitability

Incoming Air India CEO outlines priorities: Safety, reliability, profitability

Rediff.com29 Sep 2026

Tewolde Gebremariam, Air India's CEO and MD-designate, has outlined passenger safety, operational reliability, and sustainable profitability as the airline's foremost priorities, emphasising a stronger safety-reporting culture and improved disruption recovery.

'Absurd hypocrisy': Elon Musk escalates attack on Ambani

'Absurd hypocrisy': Elon Musk escalates attack on Ambani

Rediff.com11 Oct 2026

Elon Musk has renewed his criticism of Mukesh Ambani regarding Starlink's entry into India, accusing Ambani's supporters of hypocrisy for simultaneously claiming Starlink can't compete with low prices and that it poses a strong competitive threat. Musk argues that competition would benefit Indian consumers and that Starlink would adjust pricing if too expensive. He also shared reports alleging Reliance-funded political donations. Communications Minister Jyotiraditya Scindia stated India does not permit monopolies and that multiple players, including Starlink, have received satcom licences.

Power bank catches fire mid-air on IndiGo's Delhi-Chennai flight

Power bank catches fire mid-air on IndiGo's Delhi-Chennai flight

Rediff.com12 Oct 2026

An IndiGo flight from Delhi to Chennai was diverted to Hyderabad on Sunday after a passenger's power bank caught fire in the overhead bin. The cabin crew quickly extinguished the fire, and the aircraft landed safely. All 180 passengers and seven crew members were unharmed. This is reportedly the third such incident on an IndiGo aircraft in about a year.

Jio IPO subscribed 3.01 times, draws Rs 66,500 cr bids after record 100-minute sellout

Jio IPO subscribed 3.01 times, draws Rs 66,500 cr bids after record 100-minute sellout

Rediff.com3 days ago

Jio Platforms Ltd's Rs 30,213-crore initial public offering was subscribed 3.01 times, attracting approximately Rs 66,500 crore in public bids, with qualified institutional buyers oversubscribing their portion by 9.02 times, while retail investor demand remained under-subscribed at 0.68 times.

Regime change agitations won't...: RSS chief cites France, Albania examples

Regime change agitations won't...: RSS chief cites France, Albania examples

Rediff.com5 days ago

RSS chief Mohan Bhagwat stated that regime-change agitations do not resolve fundamental problems and can become instruments of political interests, fuelling divisions rather than delivering solutions. He also called for discernment in consuming information, especially from OTT platforms, and stressed the importance of national unity based on emotional bonds.

Customer ordered iPhone, received beard oil; sellers fined Rs 1.8 lakh

Customer ordered iPhone, received beard oil; sellers fined Rs 1.8 lakh

Rediff.com25 Jul 2026

A Mumbai consumer court has directed Flipkart and its seller to refund over Rs 1.11 lakh to a customer who received beard growth oil instead of an Apple iPhone, and to pay an additional Rs 70,000 in compensation and litigation costs, citing "unfair trade practice" and "deficiency in service."

Used-Car Sales Set to Surge 15 per cent This Festive Season

Used-Car Sales Set to Surge 15 per cent This Festive Season

Rediff.com13 Oct 2026

More than 40 per cent of Cars24's sales are now linked to rural registration and transport office (RTO) locations, although procurement remains concentrated in urban markets.

Mandaviya Highlights Cultural Identity At BRICS Traditional Sports Event

Mandaviya Highlights Cultural Identity At BRICS Traditional Sports Event

Rediff.com12 Oct 2026

Union Minister Mansukh Mandaviya inaugurated the BRICS Traditional and Indigenous Sports Demonstration Games 2026 in Ahmedabad, emphasising the role of traditional sports in reflecting cultural identity and fostering international cooperation. The one-day event, hosted by the Ministry of Youth Affairs and Sports, brought together delegations from BRICS and partner countries to showcase indigenous sporting practices like Mallakhamb, Yogasana, and Kalaripayattu from India, alongside Wushu from China and Sambo from Russia. Gujarat Deputy Chief Minister Harsh Sanghavi also highlighted India's rich sporting heritage and proposed initiatives for global promotion and preservation of traditional sports.

Why Anthropic's Claude AI Is Now Processing Data Within India

Why Anthropic's Claude AI Is Now Processing Data Within India

Rediff.com5 Oct 2026

Artificial intelligence major Anthropic has launched AI inference capabilities in India through Amazon Bedrock, allowing its Claude AI models to process data within the country's jurisdiction. This strategic move addresses the growing demand from Indian entities, particularly in regulated sectors, for compliance with local data processing norms as per the Digital Personal Data Protection Act. The initiative strengthens Anthropic's commitment to the Indian market, enabling secure and compliant AI deployment for sensitive workloads and fostering trust among major enterprises like Reliance, CRED, and NPCI.

Revealed! The Story Behind Isha, Nita Ambani's Navratri Look

Revealed! The Story Behind Isha, Nita Ambani's Navratri Look

Rediff.com12 Oct 2026

When the Ambanis celebrate Indian craftsmanship, you can expect a masterclass in all things heritage, handwork and high fashion.

Guess How Much Tamannaah's Sari Costs?

Guess How Much Tamannaah's Sari Costs?

Rediff.com30 Sep 2026

Discover the most dazzling celebrity fashion moments from September, featuring Tamannaah's opulent sari, Kareena's vintage-inspired drape, Priyanka's show-stopping Dior ensemble and more.

Bank unions to go on 3-day strike from Monday. Here's why

Bank unions to go on 3-day strike from Monday. Here's why

Rediff.com27 Sep 2026

Banking services across India, particularly at public sector banks, are set to be disrupted for three days starting Monday due to a nationwide strike by bank unions. The strike, called by the United Forum of Bank Unions (UFBU), is primarily to press for a five-day working week and other demands, despite the finance ministry's appeal for dialogue.

Inter-State Drug Trafficking Foiled In Bengaluru

Inter-State Drug Trafficking Foiled In Bengaluru

Rediff.com13 Oct 2026

Bengaluru police arrested two individuals for transporting 317 kg of ganja, worth Rs 1.78 crore, from Odisha to Kerala. The arrests were made on October 12 after intercepting a car in Bengaluru. The accused had travelled to Odisha to purchase the ganja at a low price, intending to sell it for a higher price in Kerala. A case has been registered under the NDPS Act, and investigations are ongoing to identify others involved.

Airtel Business CEO Discusses AI Regulation And Productivity Gains

Airtel Business CEO Discusses AI Regulation And Productivity Gains

Rediff.com11 Oct 2026

Airtel Business CEO Sharat Sinha stated that evolving architecture and methodologies for safely deploying Artificial Intelligence, coupled with adequate guardrails, are essential to unlock productivity gains. He welcomed the government's upcoming consultation paper on AI regulation, focusing on safety, deepfakes, and a human-first approach. Sinha also highlighted AI's role in driving demand for digital infrastructure and Airtel's growth in cybersecurity and fraud prevention.

IDBI Bank: Past tense, future perfect?

IDBI Bank: Past tense, future perfect?

Rediff.com15 Oct 2026

The Indian government has approved the sale of a 60.72 per cent stake in IDBI Bank Ltd to Canadian billionaire Prem Watsa's Fairfax Financial Holdings Ltd for approximately 52,878 crore, a move that reflects improving India-Canada ties and marks a significant turning point for the bank.

Massive Smuggling Bust: Rs 18 Crore Contraband Seized In Mizoram

Massive Smuggling Bust: Rs 18 Crore Contraband Seized In Mizoram

Rediff.com26 Sep 2026

Security forces in Mizoram's Champhai district have seized smuggled areca nuts and poppy seeds worth approximately Rs 18 crore. The operation, conducted by a joint team including Assam Rifles and Directorate of Revenue Intelligence, led to the recovery of over 1.25 lakh kg of areca nuts and 25,440 kg of poppy seeds. The seized consignments have been handed over for further investigation.

Economic Think Tank Urges Government To Scrap UPI Charges

Economic Think Tank Urges Government To Scrap UPI Charges

Rediff.com8 Oct 2026

Economic think tank GTRI has urged the Indian government to withdraw the proposed UPI charges, set to begin on October 15, arguing that the digital payment system should remain free for merchants and consumers. GTRI warns that these charges could lead to higher prices, reduced earnings for small businesses, and weakened household demand, while also benefiting international card networks by eroding UPI's price advantage. The think tank also called for an independent audit of UPI's running costs.

How To Use Apple Pay In India

How To Use Apple Pay In India

Rediff.com6 Oct 2026

Apple Pay is now available in India. Here's how you can add an eligible credit card to Apple Wallet and make payments using your iPhone.