News for 'Doing Business'

'Oppn can't dictate': Rijiju amid demand for Shah's statement

'Oppn can't dictate': Rijiju amid demand for Shah's statement

Rediff.com7 Aug 2026

Parliamentary Affairs Minister Kiren Rijiju asserted in Lok Sabha that the Opposition cannot dictate which minister responds to questions, amidst demands for Home Minister Amit Shah to address police action on protesting students. The House faced continuous disruptions, leading to adjournment.

Lok Sabha passes bill to allow charges on UPI, digital payments

Lok Sabha passes bill to allow charges on UPI, digital payments

Rediff.com6 Aug 2026

The Lok Sabha has passed a Bill to amend the Payment and Settlement Systems Act, 2007, authorising the government to permit banks and service providers to levy charges on UPI and other electronic payment modes. This move aims to create a sustainable revenue model for the digital payments ecosystem, shifting from the current exemption of UPI transactions from such charges.

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Rediff.com4 Aug 2026

Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

Rediff.com3 Aug 2026

'At the end of the day, it is just another technology produced by the human mind.'

Gen Z Protests: What Government Needs To Fix

Gen Z Protests: What Government Needs To Fix

Rediff.com7 Aug 2026

The challenge thrown by the youth movement creates the opportunity for a more consequential debate on India's economic trajectory because it must remain centered on India's youth as its driving impulse, asserts former foreign secretary Shyam Saran.

Your KYC Is More Important Than You Think

Your KYC Is More Important Than You Think

Rediff.com11 Aug 2026

Keeping KYC information accurate and current should, therefore, be seen not merely as meeting a regulatory requirement, but as an important part of safeguarding one's own financial identity and safety, explains RBI Deputy Governor J Swaminathan.

What transpired at Modi's breakfast meet with selected MPs

What transpired at Modi's breakfast meet with selected MPs

Rediff.com5 Aug 2026

Prime Minister Narendra Modi held a breakfast meeting with 37 BJP MPs, including recent AAP defectors, where he emphasised the importance of smooth parliamentary proceedings. He also advised MPs on taking their roles seriously, utilising the Parliament library, engaging with youth, and effectively implementing MPLADS.

Vedika Pinto Looks So Captivating!

Vedika Pinto Looks So Captivating!

Rediff.com3 Aug 2026

Vedika Pinto may have everyone talking thanks to her performance in Musafir Cafe, but anyone who's been following her Instagram knows she's been serving main-character moments long before Netflix came calling.

Ethanol Blending In Petrol Causes No Damage To Vehicles: Brazilian Minister

Ethanol Blending In Petrol Causes No Damage To Vehicles: Brazilian Minister

Rediff.com7 Aug 2026

'As long as the vehicle has a flex engine, it is irrelevant if the mixture is 15 per cent or 30 per cent; the performance is the same.'

Gold loan-backed PSLC sales boost PSBs' non-interest income in Q1FY27

Gold loan-backed PSLC sales boost PSBs' non-interest income in Q1FY27

Rediff.com3 Aug 2026

Public-sector banks (PSBs) have reported a substantial increase in non-interest income for Q1FY27, primarily driven by the sale of Priority Sector Lending Certificates (PSLCs) backed by their rapidly expanding gold loan portfolios. This strategy has allowed several lenders to book significant profits by exceeding priority sector lending targets.

Microsoft's Hyderabad Data Centre Goes Live, Bolstering India's AI Ambitions

Microsoft's Hyderabad Data Centre Goes Live, Bolstering India's AI Ambitions

Rediff.com7 Aug 2026

Microsoft has announced the activation of its latest data centre in Hyderabad, significantly expanding its Cloud infrastructure in India and enabling organisations to leverage AI-era services with enhanced local choice and security.

CPI(M) Slams Proposed UPI Charges As Breach Of Public Trust

CPI(M) Slams Proposed UPI Charges As Breach Of Public Trust

Rediff.com6 Aug 2026

The CPI(M) has strongly opposed the Union government's proposal to levy charges on UPI transactions, calling it a "breach of public trust" and demanding the immediate withdrawal of the legislation. The party highlighted that the government had previously promoted UPI as a free public utility, encouraging widespread adoption, and now seeks to monetise this infrastructure. They also linked this move to a broader trend of increasing banking charges.

Spider-Man: Brand New Day Makes History In Indian Box Office

Spider-Man: Brand New Day Makes History In Indian Box Office

Rediff.com5 Aug 2026

Spider-Man: Brand New Day, has shattered box office records in India, achieving the biggest opening day for a non-Indian film.

Tata Chemicals Q1 Profit Dips 81% to Rs 60 Crore Due to Increased Expenses

Tata Chemicals Q1 Profit Dips 81% to Rs 60 Crore Due to Increased Expenses

Rediff.com27 Jul 2026

Tata Chemicals reported an 81 per cent decline in consolidated net profit to Rs 60 crore for the quarter ended June, primarily attributed to higher expenses, despite an increase in total income.

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.

Anand Mahindra: M&M must enter attack mode

Anand Mahindra: M&M must enter attack mode

Rediff.com31 Jul 2026

Mahindra Group Chairman Anand Mahindra announced the company would adopt an 'attack mode' strategy, accelerating investment, innovation, and execution to capitalise on opportunities arising from prolonged geopolitical and economic uncertainty.

'Mid- Small-Caps May Deliver More Selective Returns'

'Mid- Small-Caps May Deliver More Selective Returns'

Rediff.com28 Jul 2026

'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'

IPL Stays in Australia's Plans, But Workload Comes First

IPL Stays in Australia's Plans, But Workload Comes First

Rediff.com8 Aug 2026

Australia's head coach Andrew McDonald discusses how the Indian Premier League (IPL) can be integrated into the national team's demanding international schedule, emphasising the need for workload management, especially for fast bowlers. He highlights the IPL's benefits for player development while acknowledging the challenges of a packed calendar including major Test series and ICC events.

Amit Shah's debate offer fails to break Parliament logjam

Amit Shah's debate offer fails to break Parliament logjam

Rediff.com10 Aug 2026

The Indian Parliament remains deadlocked as the Opposition, led by the Congress, insists on Prime Minister Narendra Modi's reply to discussions on alleged donation theft at the Ram temple in Ayodhya and student protests, rejecting the government's offer for Home Minister Amit Shah to respond.

M&M's Auto Segment Poised for Near-Term Gains Despite Q1FY27 Margin Contraction

M&M's Auto Segment Poised for Near-Term Gains Despite Q1FY27 Margin Contraction

Rediff.com8 Aug 2026

Mahindra & Mahindra's Q1FY27 results missed consensus estimates due to declining gross margins, but strong demand for its SUV portfolio and strategic price hikes are expected to drive near-term gains, particularly in the auto segment, despite headwinds in farm equipment.

Bankipur win gives Prashant Kishor's party a foothold in Bihar

Bankipur win gives Prashant Kishor's party a foothold in Bihar

Rediff.com3 Aug 2026

Political strategist-turned-politician Prashant Kishor's Jan Suraaj Party has secured its first seat in the Bihar Assembly, with Kishor winning the Bankipur bypoll in his electoral debut, stunning the BJP in its long-held bastion.

N-plants save blushes for India's Q1 investment outlay

N-plants save blushes for India's Q1 investment outlay

Rediff.com10 Aug 2026

India's fresh investment plans in Q1FY27 surged 71 per cent to 14.77 trillion, primarily driven by four large nuclear power projects worth 6.5 trillion, according to investment monitoring firm Projects Today. Excluding these nuclear projects, fresh investment plans actually declined 4.27 per cent quarter-on-quarter.

Vinicius Jr Happy Under Mourinho as Arsenal Transfer Rumours Grow

Vinicius Jr Happy Under Mourinho as Arsenal Transfer Rumours Grow

Rediff.com4 Aug 2026

Real Madrid forward Vinicius Jr is reportedly 'happy, cheerful and playing his football' under new manager Jose Mourinho, despite being in the final year of his contract and facing speculation about a potential move to Arsenal.

A Neighbour Like No Other And Her Chole Recipe

A Neighbour Like No Other And Her Chole Recipe

Rediff.com8 Aug 2026

My doctor neighbour makes the best Chole -- not too spicy, not too thick, tangy and delicious.

FIFA advisor quits, calls World Cup stake sale 'bad deal for football'

FIFA advisor quits, calls World Cup stake sale 'bad deal for football'

Rediff.com31 Jul 2026

Carlos Cordeiro, senior advisor to FIFA president Gianni Infantino, has resigned with immediate effect, protesting a proposal to sell a stake in the World Cup, which he labelled 'a bad deal for football'.

'FIFA President Gianni Infantino Must Resign Now'

'FIFA President Gianni Infantino Must Resign Now'

Rediff.com7 Aug 2026

Norwegian Football Federation (NFF) President Lise Klaveness has called for the immediate resignation of FIFA President Gianni Infantino, stating he 'does not have the institutional trust required to govern FIFA stably' and that 'there is no going back for Gianni Infantino'.

What Makes Soundous Moufakir Just Right For The Traitors 2

What Makes Soundous Moufakir Just Right For The Traitors 2

Rediff.com5 Aug 2026

Moroccan-French model-turned-actress Soundous Moufakir is set to bring her fierce competitive spirit and strategic mind to The Traitors Season 2.

Oppn seeks urgent debate on police brutality at Gen Z protests

Oppn seeks urgent debate on police brutality at Gen Z protests

Rediff.com27 Jul 2026

Opposition parties have submitted notices in the Rajya Sabha demanding an urgent discussion on the alleged use of force, including pellet guns, against students protesting the NEET paper leak issue. They are seeking accountability from the Home Minister and Prime Minister regarding the police action and alleged assault on protesters and journalists.

Supporters go on a rampage after Karnataka MLA denied cabinet berth

Supporters go on a rampage after Karnataka MLA denied cabinet berth

Rediff.com5 Aug 2026

Supporters of Congress MLA S N Subba Reddy launched a violent protest in Chikkaballapura, Karnataka, after he was excluded from the state cabinet. The agitation, which included a bandh, road blockades, and an attempted self-immolation, highlights a wider rebellion within the ruling Congress over ministerial berth denials following the recent cabinet expansion.

Shweta Tiwari, Shalini Passi, Mallika Sherawat Join The Traitors 2

Shweta Tiwari, Shalini Passi, Mallika Sherawat Join The Traitors 2

Rediff.com31 Jul 2026

'I have seen many a traitor. I can identify them very easily.'

New Venture Targets Gig Worker Welfare

New Venture Targets Gig Worker Welfare

Rediff.com27 Jul 2026

The physical centres will operate on a monthly subscription model, where access would be limited to verified active gig workers and platform verification.

IHCL's Q1 net profit up 20% despite West Asia tensions impacting international travel

IHCL's Q1 net profit up 20% despite West Asia tensions impacting international travel

Rediff.com22 Jul 2026

Indian Hotels Company (IHCL) reported a 20.8 per cent year-on-year rise in net profit for Q1 FY27, reaching 357.9 crore, despite macroeconomic headwinds like geopolitical tensions in West Asia impacting international travel and airline catering business.

How EVTOLs Can Revolutionise India's Medical Logistics

How EVTOLs Can Revolutionise India's Medical Logistics

Rediff.com31 Jul 2026

Air India, SkyDrive, and Suzuki Motor Corporation have signed an initial pact to conduct a joint feasibility study on using electric vertical take-off and landing (eVTOL) aircraft for medical air logistics in India. This collaboration aims to address severe traffic congestion in major Indian cities, which poses challenges for time-critical medical transport, by developing last-mile emergency medical solutions.

ArcelorMittal reports 62% drop in Q2 net income to $683 million

ArcelorMittal reports 62% drop in Q2 net income to $683 million

Rediff.com31 Jul 2026

ArcelorMittal reported a significant 62 per cent year-on-year decline in its net income, reaching USD 683 million in the June 2026 quarter, despite a quarter-on-quarter increase in sales and improved performance from its Indian joint venture, AMNS India.

Cipla Q1 net profit drops 39% to Rs 785.55 crore, North America sales down

Cipla Q1 net profit drops 39% to Rs 785.55 crore, North America sales down

Rediff.com23 Jul 2026

Homegrown pharma major Cipla Ltd reported a 39 per cent decline in consolidated net profit to Rs 785.55 crore in the first quarter ended June 2026, primarily due to a dip in sales in the North American market and higher expenses.

'Protest a way of building consensus in a democracy': Bhagwat at Gen Z meet

'Protest a way of building consensus in a democracy': Bhagwat at Gen Z meet

Rediff.com6 Aug 2026

Rashtriya Swayamsevak Sangh chief Mohan Bhagwat on Thursday said protest is a legitimate form of dialogue in a democracy and should be aimed at building consensus rather than creating divisions.

How Generative AI Will Reshape India's Job Market

How Generative AI Will Reshape India's Job Market

Rediff.com29 Jul 2026

A Goldman Sachs report indicates that up to 12% of India's non-agricultural workforce is at risk of substitution by generative AI, while 42-48% could be complemented. The report highlights uneven impacts across sectors and job types, with IT-enabled services facing higher risk and physical tasks remaining less affected. Gen-AI is projected to boost India's labour productivity growth over the next decade.

How AI Is Set To Revolutionise India's Power Generation By 2030

How AI Is Set To Revolutionise India's Power Generation By 2030

Rediff.com6 Aug 2026

A new study by The Energy & Climate Initiative Society (ENCIS) predicts that AI adoption in India's power generation sector will surge from 35% to 65% by 2030, becoming a core operational capability. The study highlights that nearly seven out of ten professionals see power generation as offering the best opportunity for efficiency gains through AI, driven by India's expanding digital infrastructure and significant investments from energy giants. Predictive asset management and proactive maintenance are identified as key areas for AI application, with efficiency being the primary driver for AI investments.

3 Big Lessons From Main Vaapas Aaunga

3 Big Lessons From Main Vaapas Aaunga

Rediff.com1 Aug 2026

'Making a film -- good or bad -- is extremely hard work, involving hundreds of people and at least two years from idea to release. When the audience rejects it, it is known to push makers into depression. And then there is the danger of theatres stopping the screenings after week one if footfalls don't improve.'

Govt allows FDI in inventory-based e-commerce model only for export purposes

Govt allows FDI in inventory-based e-commerce model only for export purposes

Rediff.com23 Jul 2026

The Indian government has permitted Foreign Direct Investment (FDI) in an inventory-based e-commerce model exclusively for the export of domestically manufactured or produced goods, aiming to boost outbound shipments without affecting small local retailers.