News for 'Directorate of Revenue Intelligence'

DRI Seizes Opium Worth Over Rs 21 Lakh In Ludhiana

DRI Seizes Opium Worth Over Rs 21 Lakh In Ludhiana

Rediff.com19 May 2026

The Directorate of Revenue Intelligence (DRI) in Ludhiana seized over 4 kg of opium worth Rs 21.69 lakh, uncovering a cross-border drug smuggling operation using courier channels.

DRI Seizes Crystal Meth, Arrests Two At Secunderabad Station

DRI Seizes Crystal Meth, Arrests Two At Secunderabad Station

Rediff.com28 Apr 2026

The Directorate of Revenue Intelligence (DRI) seized 11.4 kg of crystal meth worth Rs 11.4 crore at Secunderabad railway station and arrested two women passengers.

Mumbai Airport Gold Seizure: 24 Women Arrested in Smuggling Operation

Mumbai Airport Gold Seizure: 24 Women Arrested in Smuggling Operation

Rediff.com10 Apr 2026

The Directorate of Revenue Intelligence (DRI) seized 29.37 kg of gold worth Rs 37.74 crore from 24 women at Mumbai's Chhatrapati Shivaji Maharaj International Airport, uncovering a significant smuggling operation.

Samsung India begins job cuts; trims workforce at senior level

Samsung India begins job cuts; trims workforce at senior level

Rediff.com8 Sep 2026

Samsung India Electronics has initiated job cuts in its Consumer Electronics (CE) division, laying off 8-10 mid-to-senior-level employees with plans to let go of another 40-50 staff. This move is part of a cost-rationalisation exercise driven by rising input costs, muted consumer demand, and intense competition from rival Korean and Chinese players.

Indian Authorities Halt Illegal Red Sanders Export Attempt at Cochin Port

Indian Authorities Halt Illegal Red Sanders Export Attempt at Cochin Port

Rediff.com28 Mar 2026

The Directorate of Revenue Intelligence (DRI) has successfully intercepted and seized 512 kg of red sanders at Cochin Port, preventing its illegal export to China. The red sanders were concealed within a consignment declared as rubber core veneer.

Mumbai Firms Busted for Importing Banned Walkie-Talkies and E-Waste

Mumbai Firms Busted for Importing Banned Walkie-Talkies and E-Waste

Rediff.com22 Mar 2026

The Directorate of Revenue Intelligence (DRI) seized a large consignment of illegal walkie-talkies and second-hand hard drives at Nhava Sheva Port, leading to the arrest of two individuals.

8-year jail for 6 Pakistanis for heroin seizure off Gujarat coast

8-year jail for 6 Pakistanis for heroin seizure off Gujarat coast

Rediff.com28 Jul 2026

A special NIA court in Ahmedabad has sentenced six Pakistani nationals to eight years of rigorous imprisonment for their involvement in the 2019 mid-sea seizure of 330 kg of 'brown heroin' off Gujarat's Jakhau coast. An Indian man, allegedly the intended recipient, was acquitted due to benefit of doubt. The National Investigation Agency had probed the case, alleging funds from the smuggling were intended for a terror organisation.

Rs 1.58 Crore Worth Of Meth Seized At Calicut Airport

Rs 1.58 Crore Worth Of Meth Seized At Calicut Airport

Rediff.com18 Apr 2026

The Directorate of Revenue Intelligence (DRI) seized crystal methamphetamine worth approximately Rs 1.58 crore from a passenger at Calicut International Airport and arrested him under the NDPS Act.

ISRO Bets Big on Space Startups

ISRO Bets Big on Space Startups

Rediff.com24 Aug 2026

'ISRO will not manufacture any launch vehicles. That will all be done by the private sector or public sector undertakings.'

Publishers Must Adapt To Evolving AI Copyright Framework

Publishers Must Adapt To Evolving AI Copyright Framework

Rediff.com10 Aug 2026

A new report highlights that publishers need to adopt clear records, AI-specific provisions, and transparent disclosure of AI use to manage legal and commercial risks as the copyright framework around artificial intelligence evolves. Jointly developed by SS Rana & Co and Ficci, the 'Copyright In The AI Age' report emphasises practical governance measures while courts and regulators work on legal principles. It also addresses concerns about authorship, creators' rights, and research integrity amidst increasing AI integration in publishing.

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Rediff.com11 Aug 2026

Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.

'UP Has Potential To Generate More Than 11 Million Jobs'

'UP Has Potential To Generate More Than 11 Million Jobs'

Rediff.com1 Sep 2026

'Improved law and order and transparent governance have helped change UP's investment image.'

Rs 8.9 Crore Worth of Hydroponic Weed Seized at Hyderabad Airport

Rs 8.9 Crore Worth of Hydroponic Weed Seized at Hyderabad Airport

Rediff.com31 Mar 2026

Authorities seized 25.45 kg of hydroponic weed, valued at Rs 8.9 crore, from two passengers arriving at Hyderabad's international airport from Bangkok. The passengers were arrested under the NDPS Act.

Ahmedabad Airport Bust: Passengers Arrested with Rs 2 Crore of Hydroponic Weed

Ahmedabad Airport Bust: Passengers Arrested with Rs 2 Crore of Hydroponic Weed

Rediff.com3 Apr 2026

Two passengers were arrested at Ahmedabad airport for allegedly possessing hydroponic weed worth Rs 2 crore, after arriving from Bangkok. The drugs were discovered following a tip-off.

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

Rediff.com3 May 2026

SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.

Cheaper Chinese AI Models Could Trigger 'Massive Capital Destruction' in US Markets: Jefferies

Cheaper Chinese AI Models Could Trigger 'Massive Capital Destruction' in US Markets: Jefferies

Rediff.com29 Jul 2026

Christopher Wood, global head of equity strategy at Jefferies, warns that cheaper Chinese artificial intelligence (AI) models could lead to 'massive capital destruction' in US markets, highlighting the rapid growth of Chinese LLMs and the increasing debt funding for AI capex in the US.

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Rediff.com23 Jul 2026

Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.

Mumbai Father-Son Duo Arrested in Walkie-Talkie, HDD Smuggling Case

Mumbai Father-Son Duo Arrested in Walkie-Talkie, HDD Smuggling Case

Rediff.com21 Mar 2026

The Directorate of Revenue Intelligence (DRI) seized a large consignment of prohibited walkie-talkies and second-hand hard disk drives (HDDs) at Nhava Sheva Port, leading to the arrest of a father-son duo involved in the illegal import.

EC deploys 432 counting observers across Bengal

EC deploys 432 counting observers across Bengal

Rediff.com3 May 2026

The Election Commission has deployed 432 counting observers across all 294 assembly constituencies in West Bengal to ensure transparent and smooth counting of votes. Several districts have been assigned additional observers in view of their sensitivity and electoral significance. Enforcement agencies have carried out extensive seizure drives during the election period to curb illegal inducements, with total seizures valued at approximately Rs 561 crore.

Why India Is Central To Rockwell Automation's Global Growth Plans

Why India Is Central To Rockwell Automation's Global Growth Plans

Rediff.com15 Jul 2026

Rockwell Automation's CEO Blake Moret highlights India as the centrepiece of the company's Asian growth strategy, detailing its four-decade presence, significant employee base, and support for the 'Make in India' initiative. The company sees major opportunities in pharmaceuticals, automotive, food and beverage, and consumer products, with AI playing a crucial role in simplifying industrial automation and boosting productivity for Indian manufacturers, including MSMEs.

Spain Vs Argentina FIFA World Cup Final Shatters US Viewership Records

Spain Vs Argentina FIFA World Cup Final Shatters US Viewership Records

Rediff.com22 Jul 2026

The FIFA World Cup final between Spain and Argentina garnered nearly 63 million viewers in the United States, setting new viewership records and highlighting football's increasing popularity in the country.

Jio Platforms set for mega IPO of 27 crore equity shares; eyes 5G, AI expansion

Jio Platforms set for mega IPO of 27 crore equity shares; eyes 5G, AI expansion

Rediff.com19 Jun 2026

Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has approved filing draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares, aiming to unlock value for shareholders and fuel its ambitious expansion into 5G, AI, and global markets.

Google Bets Big on India's AI Future

Google Bets Big on India's AI Future

Rediff.com15 Jul 2026

The aim is to win over the country's enterprises, developers and startups as AI systems shift from answering questions to autonomously executing tasks.

Can Srini Pallia Revive Wipro?

Can Srini Pallia Revive Wipro?

Rediff.com2 Jun 2026

'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'

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.'

HCLTech counts on M&As to add 1.5% to revenue

HCLTech counts on M&As to add 1.5% to revenue

Rediff.com14 Jan 2026

HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.

Bengaluru Drug Bust: DRI Seizes Rs 8.3 Crore Worth of Crystal Meth, Arrests Three

Bengaluru Drug Bust: DRI Seizes Rs 8.3 Crore Worth of Crystal Meth, Arrests Three

Rediff.com22 Mar 2026

The Directorate of Revenue Intelligence (DRI) has seized approximately 8.3 kilograms of crystal methamphetamine worth Rs 8.3 crore in Bengaluru and arrested three individuals involved in the drug trafficking network.

DRI Nagpur Nets Crores Worth of Ganja, Arrests Four in Drug Bust

DRI Nagpur Nets Crores Worth of Ganja, Arrests Four in Drug Bust

Rediff.com27 Feb 2026

The Directorate of Revenue Intelligence (DRI) in Nagpur seized over 1,250 kg of ganja worth Rs 6.25 crore in two operations, leading to the arrest of four individuals involved in interstate drug trafficking.

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Rediff.com19 Jun 2026

Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.

How AI Will Reshape The IT Services Industry, According To Coforge

How AI Will Reshape The IT Services Industry, According To Coforge

Rediff.com7 May 2026

Coforge believes that the rapid adoption of AI is disrupting the traditional labour model but also creating new high-margin opportunities in the IT services industry.

How India Brought Back Dawood Aide Salim Dola

How India Brought Back Dawood Aide Salim Dola

Rediff.com28 Apr 2026

The Narcotics Control Bureau (NCB) has successfully secured the return of Mohammad Salim Dola, a known international drug trafficker and associate of Dawood Ibrahim, from Turkiye.

Delhi to get first underground nuclear and chemical command centre

Delhi to get first underground nuclear and chemical command centre

Rediff.com2 Jul 2026

Delhi is set to establish its first underground Chemical, Biological, Radiological and Nuclear (CBRN) command centre at the new Delhi Fire Services headquarters, a facility designed to ensure uninterrupted coordination and protection for personnel during nuclear warfare, radiological leaks, or chemical disasters.

Kannada actress Ranya Rao fined Rs 102 cr in gold smuggling case

Kannada actress Ranya Rao fined Rs 102 cr in gold smuggling case

Rediff.com2 Sep 2025

The Directorate of Revenue Intelligence (DRI) has imposed a hefty fine on Kannada film actress Ranya Rao and others in connection with a gold smuggling case. The actress was caught with 14.8 kg of gold at Bengaluru airport.

How TCS Plans To Become The Top AI Services Firm

How TCS Plans To Become The Top AI Services Firm

Rediff.com16 May 2026

TCS, India's largest IT firm, is aiming to become the world's leading AI-led technology services company. CEO K Krithivasan highlights the company's strategy, including upskilling its workforce and executing nation-scale projects in India.

'Prison Can Make Or Break A Person'

'Prison Can Make Or Break A Person'

Rediff.com20 May 2026

After spending 31 months in Chennai's Puzhal prison, Ahmed Buhari is finally breathing free, as courts across the country quashed proceedings linked to his group company Coastal Energy.

OpenAI, Anthropic Threat For India's IT Majors

OpenAI, Anthropic Threat For India's IT Majors

Rediff.com18 May 2026

OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

Rediff.com5 Jun 2026

Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Rediff.com5 May 2026

Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.

DRI seizes Pak goods worth Rs 12 cr at Mumbai port; 2 held

DRI seizes Pak goods worth Rs 12 cr at Mumbai port; 2 held

Rediff.com14 Sep 2025

The Directorate of Revenue Intelligence (DRI) seized 28 containers of Pakistani-origin cosmetics and dry dates worth approximately Rs 12 crore at Nhava Sheva port in Navi Mumbai. Two individuals have been arrested for violating the ban on importing goods from Pakistan.

Mastermind Arrested In Interstate Robbery Gang Bust

Mastermind Arrested In Interstate Robbery Gang Bust

Rediff.com18 Apr 2026

Police in Haryana have arrested seven individuals, including the suspected mastermind, in connection with a robbery of gold and cash from a bullion trader's employees. The accused are part of an interstate gang involved in organised robberies across the NCR, Haryana, and Madhya Pradesh.