The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution professionals (RPs) and committees of creditors (CoCs) back to the drawing board to reassess their strategies for resolving corporate insolvencies.
While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.
The ultra-rich invest differently -- embracing growth, compounding, and long-term clarity to build wealth with purpose and discipline, explains Ramalingam Kalirajan.
The Indian government has provided assurances to Belgian authorities regarding the prison conditions awaiting Mehul Choksi if he is extradited. The details focus on meeting European standards for humane treatment and addressing concerns about overcrowding and solitary confinement.
Despite the win, Indian Army exited the tournament as they could not make it to the quarterfinals.
'If you have 270 bodies and each body is fragmented into 10 parts, you cannot do (so many) DNA tests and even if you do it will be a long procedure.'
rediffGURU Dr Karan Gupta, an overseas education expert, suggests how to pick the right course and country to study abroad.
With demand for information-technology (IT) services in North America still sluggish, Europe has become a source of optimism for Indian companies because it is delivering steady gains over the past two years and continuing to outperform in the latest quarter. Yet analysts caution a full-scale revival will require a rebound in the United States (US), particularly in manufacturing, retail, and BFSI (banking, financial services, and insurance), because Europe contributes only about a third of the revenues.
The Kraken COVID-19 variant accounts for almost 41 per cent of all Covid infections.
Among fresher job seekers, one in three believes AI will create more jobs.
The Indian Embassy in Ireland has issued a safety advisory for Indian citizens following a rise in reported attacks, particularly in Dublin. The advisory urges precautions and provides emergency contact details.
The upcoming Union Budget to be presented on February 1 is likely to assume a nominal gross domestic product (GDP) growth between 10 and 10.5 per cent for FY26, a Business Standard poll of 10 economists showed. The first advance estimates released by the National Statistics Office (NSO) had estimated a nominal GDP growth of 9.7 per cent for FY25. Nominal GDP, calculated at current market prices, factors in the effect of inflation. It is used as the base to calculate crucial macroeconomic indicators, such as fiscal deficit, revenue deficit, and debt-to-GDP ratio.
Lightning claims more lives in India annually than any other extreme weather event. Between April and July this year alone, 1,621 people died due to lightning strikes.
What has surprised the industry is that the Bill has been tabled without any consultation. Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue.
Streamlining enterprise data, having an AI policy, reskilling people, and cultural transformation have been cited by experts as key.
It is time for India to raise its voice not just through military prowess, but through professionalism, principled voting and partnerships, asserts Deepak Mishra.
Images from Friday's Women's Euro 2025 Group C action between Germany-Poland and Denmark-Sweden.
Other members of the high-level advisory committee are former RBI Deputy Governor Usha Thorat, former Securities and Exchange Board of India Chairman C B Bhave, and Nachiket M Mor, Director of the Central Board of Directors of RBI, Governor Raghuram Rajan said.
Following the postponement of the Axiom 4 mission, Group Captain Shubhanshu Shukla's father, Shambhu Dayal Shukla, said that his family is 'mentally' prepared for the mission.
In a pump and dump operation, fraudsters artificially inflate the price of a stock by spreading misleading or false information, creating a frenzy among unsuspecting retail investors.
An Indian-origin taxi driver in Dublin was attacked in a suspected hate crime, prompting a police investigation and raising safety concerns for Indian citizens in Ireland.
'Earlier, we used to talk about a deficit economy. There is a deficit in democracy' 'If you read superficially Gandhi and Ambedkar and Nehru, some misconceptions and misunderstanding come to mind, as if they were at loggerheads and they differed radically in their views' 'India is one nation. There is only one citizenship. No citizenship for South India and no citizenship for North India and another for the Northeast'
The experts issued a joint statement in New Delhi, expressing concerns over the shortage of nurses in the country.
'...as then it brings them closer to the complaints and grievances that the public faces.'
The MiG-21's sharp silhouette and supersonic roar will live on in the memories of those who flew it, those who maintained it, and those who watched it streak across the sky as a symbol of India's strength, asserts IAF veteran Air Commodore Nitin Sathe (retd).
Suresh Narayanan, chairman and managing director of Nestl India, is set to retire on July 31 next year, marking the end of an era that began 26 years ago with the Nestl group, a multinational giant in the food and beverage space. His tenure is perhaps most famously defined by his role in reviving the Maggi noodles brand. When Narayanan stepped into leadership at Nestl India in 2015, the company was facing criticism: the Food Safety and Standards Authority of India (FSSAI) had ordered a nationwide recall of the popular Maggi noodles due to high levels of lead found in the product.
In October 2024, Jindal Stainless challenged a Goods and Services Tax (GST) notice in the Delhi high court. It was about corporate guarantees issued to related parties by its former group company, Jindal Stainless (Hisar), before their merger in March 2023.
rediffGURU Pradeep Pramanik, career coach, placement consultant and director of Fast Track Career Consultants, shares useful tips to land your dream job while you're still in college.
The Indian Army's broader reorganisation is inevitable as India's military doctrine adapts to the demands of the modern battlefield.
Generative AI is transforming workplaces but at a cost -- there are fewer jobs for young workers just entering the workforce, reveals a Goldman Sachs report.
More than one million cybersecurity incidents were flagged within 10 days.
'... when the process isn't transparent, people will naturally raise questions. 'The AAIB's own press release says they had the black boxes by June 16.' 'Why wasn't decoding initiated until the 24th? What were they waiting for?'
AI chatbots often give unsafe health advice, warns a global study.
The India meteorological department said heatwave conditions will persist for at least two more days.
'Long-short SIFs are designed for seasoned, high-risk, high-reward investors, who understand market volatility.'
US President Donald Trump's announcement of 25 per cent tariff on all goods coming from India starting August 1, plus an unspecified penalty, is expected to impact Apple's plans to expand iPhone manufacturing in India as well as export of other electronics to the US. The move comes at a time when Indian electronics production is reeling under pressure due to restrictions imposed by China on supply of several critical components, capital goods and even skilled technology professionals.
The IPO wave of 2025 is here, and it's bigger than ever. From fintech unicorns to financial powerhouses and infrastructure giants, some of India's biggest names are all set to make their stock market debut. PhonePe, Zepto, Tata Capital, NSE, NSDL, and JSW Cement are just a few of the highly awaited listings that have investors and analysts buzzing with excitement.
One of the most exploited provisions is Section 10(13A), which permits exemption on HRA.
'Data retrieval is just one part. Investigators also examine physical wreckage, pilot logs, and maintenance records.'
French information technology (IT) and consulting services major Capgemini on Monday said it would acquire Mumbai-headquartered WNS for $3.3 billion in cash. This could be one of the largest merger & acquisition deals in the IT services and business process management sector.
