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News for 'Financial Highlights'

Ex-Corporation Promoter Arrested In Subsidy Fraud Case

Ex-Corporation Promoter Arrested In Subsidy Fraud Case

Rediff.com29 Apr 2026

A former scheduled caste promoter of the Thiruvananthapuram Corporation was arrested in connection with an alleged Rs 75 lakh subsidy fraud under a self-employment scheme for women of the marginalised community.

M&M refines supply chain strategy to counter global disruptions

M&M refines supply chain strategy to counter global disruptions

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is implementing a comprehensive, multi-layered strategy to fortify its supply chains against geopolitical volatility, logistical challenges, and regulatory risks, drawing lessons from recent global disruptions.

Iranian FM Araghchi arrives in India for BRICS summit; to meet Jaishankar

Iranian FM Araghchi arrives in India for BRICS summit; to meet Jaishankar

Rediff.com14 May 2026

Iranian Foreign Minister Abbas Araghchi is in India for a BRICS foreign ministers' meeting, where discussions will focus on the escalating crisis in West Asia and its impact on global energy supply chains.

VHP Appeals To UN For Religious Minorities' Protection In Pakistan, Bangladesh

VHP Appeals To UN For Religious Minorities' Protection In Pakistan, Bangladesh

Rediff.com27 Apr 2026

The Vishva Hindu Parishad (VHP) has appealed to the United Nations to intervene on behalf of religious minorities in Pakistan and Bangladesh, citing human rights violations.

New TN cabinet vows break from Dravidian-era governance

New TN cabinet vows break from Dravidian-era governance

Rediff.com10 May 2026

Following the swearing-in of C Joseph Vijay as Tamil Nadu's chief minister, the new cabinet has pledged a 'white paper' audit of all state departments and a 'zero-interference' policy in administration, signalling a significant shift in governance.

Businessman Remanded To ED Custody In Money Laundering Case

Businessman Remanded To ED Custody In Money Laundering Case

Rediff.com20 Apr 2026

A special court in Kolkata has remanded businessman Jay Kamdar to eight days' ED custody in connection with an alleged money laundering case. Kamdar, the managing director of Sun Enterprise, was arrested under the PMLA after searches were conducted against him and a Kolkata Police Deputy Commissioner.

Banks Review Cybersecurity Amid AI Threat Concerns

Banks Review Cybersecurity Amid AI Threat Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman convened a high-level meeting with bank heads to assess cybersecurity risks linked to advanced AI models, following concerns over Anthropic's Claude Mythos system and its potential impact on financial data security.

What Is The Thucydides Trap That Xi Warned Trump About?

What Is The Thucydides Trap That Xi Warned Trump About?

Rediff.com14 May 2026

An explainer on the 'Thucydides Trap' and its relevance to current tensions between the United States and China, as discussed by President Xi Jinping.

L&T reports 3% decline in profit; revenue up 11%

L&T reports 3% decline in profit; revenue up 11%

Rediff.com6 May 2026

Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.

Ex-Company Officials Get Jail Term In IDBI Fraud Case

Ex-Company Officials Get Jail Term In IDBI Fraud Case

Rediff.com4 May 2026

A Delhi court has sentenced three former officials of a company to four years in jail for defrauding the Industrial Development Bank of India (IDBI). The court emphasised that leniency would undermine the justice system and public confidence in the law.

HDFC Bank, ICICI Bank: Solid Q4, split outlook

HDFC Bank, ICICI Bank: Solid Q4, split outlook

Rediff.com21 Apr 2026

Analysts have largely maintained a bullish outlook on HDFC Bank and ICICI Bank following their Q4FY26 results, though their perspectives on future growth drivers differ. HDFC Bank's near-term performance is tied to accelerating loan growth, while ICICI Bank is seen as a strong candidate for a valuation rerating.

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Rediff.com21 Apr 2026

Pakistan has received the second and final tranche of USD 1 billion from Saudi Arabia, completing a USD 3 billion aid package aimed at boosting its foreign reserves, the state bank said.

Kerala CM row: Satheesan meets sulking Chennithala; UDF begins govt talks

Kerala CM row: Satheesan meets sulking Chennithala; UDF begins govt talks

Rediff.com15 May 2026

Kerala's Chief Minister-designate V D Satheesan visited senior Congress leader Ramesh Chennithala, emphasising their close relationship and seeking blessings for his new role.

DP World PGTI Appoints Rachana Bahadur As Advisor

DP World PGTI Appoints Rachana Bahadur As Advisor

Rediff.com18 Apr 2026

The DP World Professional Golf Tour of India has appointed Rachana Bahadur, Senior Vice President and Country Head " India at Synchrony Financial, as an advisor to the organisation.

Force Motors Reports Highest Ever Revenue And Profitability

Force Motors Reports Highest Ever Revenue And Profitability

Rediff.com30 Apr 2026

Force Motors Limited announced its highest-ever revenue and profitability for the fiscal year ending March 31, 2026, driven by growth across its Urbania, Trax, and Traveller platforms, as well as defence partnerships and international engine manufacturing.

Why ED asset seizures hit record high despite fewer arrests

Why ED asset seizures hit record high despite fewer arrests

Rediff.com2 May 2026

The Enforcement Directorate (ED) reported a decrease in arrests related to money laundering cases but a significant increase in asset seizures during the last financial year. The agency also saw a rise in searches and chargesheets filed.

UPI transactions dip 1.7% by value in April after record March

UPI transactions dip 1.7% by value in April after record March

Rediff.com2 May 2026

Unified Payments Interface (UPI) transaction value and volume saw a slight month-on-month dip in April after record highs in March, but daily transaction volumes increased, indicating sustained growth in digital payments across India.

Odisha man was made to walk 3km to re-bury sister's skeleton: BJD

Odisha man was made to walk 3km to re-bury sister's skeleton: BJD

Rediff.com29 Apr 2026

An administrative inquiry has been ordered after a man in Odisha was allegedly forced to carry his sister's skeleton to a bank to withdraw money. The BJD has alleged further mistreatment, claiming he was made to re-bury the remains. The bank denies asking for the corpse, stating they only required a death certificate.

India Is Not Alone: How Hormuz Crisis Affected Lifestyles Worldwide

India Is Not Alone: How Hormuz Crisis Affected Lifestyles Worldwide

Rediff.com14 May 2026

The Strait of Hormuz crisis is impacting lifestyles worldwide, from reduced gold purchases in India to energy conservation in Europe and Japan, as governments urge citizens to adapt to the global energy shock.

Father And Son Stabbed To Death In Delhi Money Row

Father And Son Stabbed To Death In Delhi Money Row

Rediff.com18 Apr 2026

A father and his son were stabbed to death in Delhi's Chittaranjan Park following a dispute over money. Police are investigating the incident and searching for the absconding accused.

Online Share Trading Scam Costs Pune Doctor 1.2 Million

Online Share Trading Scam Costs Pune Doctor 1.2 Million

Rediff.com9 Apr 2026

A 75-year-old doctor from Pune was defrauded of Rs 12.31 crore in an online share trading scam after being coerced into making multiple investments by fraudsters.

Child Welfare Member Held For Blackmailing Woman

Child Welfare Member Held For Blackmailing Woman

Rediff.com2 May 2026

A 46-year-old man, a member of the Child Welfare Committee, has been arrested in Bengaluru for allegedly blackmailing a woman using her explicit photos and videos to coerce her into a sexual relationship. The accused also allegedly impersonated a police officer and defrauded the victim of money.

UP Farmer Couple End Lives Due To Debt, Family Dispute

UP Farmer Couple End Lives Due To Debt, Family Dispute

Rediff.com27 Apr 2026

A farmer couple in Uttar Pradesh allegedly died by suicide due to mounting debt and a family dispute over land. Santosh Kumar, 66, and his wife Radha Devi, 60, were found unconscious near Adurpur village after consuming a poisonous substance.

Nationwide Cyber Fraud Network Busted; 38 Arrested In Rajasthan

Nationwide Cyber Fraud Network Busted; 38 Arrested In Rajasthan

Rediff.com22 Apr 2026

Police in Rajasthan have arrested 38 individuals involved in a nationwide cyber fraud network, unearthing scams worth over Rs 10 crore under 'Operation Mule Hunt'. The accused operated from various locations, including Dubai, and lured victims through investment, trading, and escort service schemes.

DMart valuation cart full: Little room for upside

DMart valuation cart full: Little room for upside

Rediff.com5 May 2026

Shares of Avenue Supermarts, operator of DMart, fell 5.2 per cent after reporting mixed Q4 FY26 results, with brokerages offering divergent 'sell', 'buy', and 'hold' ratings based on factors like valuation, competitive intensity, and store expansion strategies.

Delhi Police Nab Suspect In Double Murder Case

Delhi Police Nab Suspect In Double Murder Case

Rediff.com18 Apr 2026

Delhi Police have arrested Asad Siddiqui, the main suspect in the double murder of an elderly man and his son in the Alaknanda area. The victims, Rakesh Sood and Karan Sood, were stabbed to death following a financial dispute. A third person, Rahul, was injured in the attack.

4 AI Careers For Creative Professionals

4 AI Careers For Creative Professionals

Rediff.com8 May 2026

In part 3 of a Rediff series exploring new careers for aspiring professionals, Sanjay Salunkhe, founder of Jaro Education highlights how young professionals can adapt to the evolving AI-driven landscape in the creative industry.

Amid US blockade of Hormuz, India emphasises safe maritime passage

Amid US blockade of Hormuz, India emphasises safe maritime passage

Rediff.com16 Apr 2026

External Affairs Minister S Jaishankar has emphasised India's commitment to safe maritime transit and condemned attacks on merchant shipping amidst the ongoing West Asia conflict and global energy market disruptions.

Himachal Pradesh Government To Take Strong Action Against Drug Smugglers

Himachal Pradesh Government To Take Strong Action Against Drug Smugglers

Rediff.com11 May 2026

The Himachal Pradesh government is set to implement stringent measures, including mandatory drug testing for government jobs and 'bulldozer action' against drug smugglers, to combat the growing menace of 'chitta' (adulterated heroin) in the state.

Weak FY27 guidance, AI fears weigh on Infosys

Weak FY27 guidance, AI fears weigh on Infosys

Rediff.com25 Apr 2026

Infosys shares experienced a significant drop, hitting a 52-week low, after the company announced its Q4FY26 results and provided a modest revenue growth guidance of 1.5-3.5 per cent in constant currency for FY27, falling below market expectations and raising concerns about AI-led deflation and margin pressures.

Paytm Shifts to Majority Indian Ownership Amidst Rising Investor Confidence

Paytm Shifts to Majority Indian Ownership Amidst Rising Investor Confidence

Rediff.com14 Apr 2026

One 97 Communications Ltd, operating under the Paytm brand, has transitioned to a majority Indian-owned and controlled company, reflecting increased domestic investor confidence and improved financial performance.

KV Kamath Emphasises AI Application and Education Reform for India's Future

KV Kamath Emphasises AI Application and Education Reform for India's Future

Rediff.com9 Apr 2026

Veteran banker K V Kamath stresses the importance of reskilling and education reforms to leverage artificial intelligence (AI) in India, advocating for practical applications over expensive foundational models.

Sensex, Nifty dip in volatile trade as profit-taking hits banking stocks

Sensex, Nifty dip in volatile trade as profit-taking hits banking stocks

Rediff.com16 Apr 2026

Indian benchmark indices Sensex and Nifty closed lower in a volatile session due to profit-taking in banking and financial shares, despite earlier gains driven by easing geopolitical tensions. Analysts suggest investors remain cautious and are not aggressively chasing the recent rally.

Abhishek Banerjee Accuses BJP Of False Promises

Abhishek Banerjee Accuses BJP Of False Promises

Rediff.com21 Apr 2026

TMC leader Abhishek Banerjee criticised the BJP for not fulfilling its promises to the people of West Bengal, highlighting the success and continuation of the state's 'Lakshmir Bhandar' scheme.

Fadnavis Calls For Maharashtra Police To Combat Cybercrime

Fadnavis Calls For Maharashtra Police To Combat Cybercrime

Rediff.com28 Apr 2026

Maharashtra Chief Minister Devendra Fadnavis has emphasised the need for the state police to enhance their preparedness in addressing modern challenges such as cybercrime and financial offences. He highlighted the importance of the police force in maintaining law and order and contributing to the state's economic progress during the closing ceremony of the 36th Maharashtra State Police Sports Competition.

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

Rediff.com4 May 2026

IT services major LTM is set to introduce a new pricing framework, 'Blueverse Credit', in the first quarter of FY27, aiming to align monetisation with the growing adoption of agentic artificial intelligence.

'Dhurandhar Is Not A Ranveer Singh Film'

'Dhurandhar Is Not A Ranveer Singh Film'

Rediff.com2 Apr 2026

The monumental box office success of the Dhurandhar franchise has been attributed to Director Aditya Dhar's creative vision, rather than lead star Ranveer Singh's appeal.

Kolkata Businessman Arrested For Money Laundering: What It Means

Kolkata Businessman Arrested For Money Laundering: What It Means

Rediff.com20 Apr 2026

The Enforcement Directorate (ED) has arrested Jay Kamdar, a Kolkata businessman, for alleged money laundering. The ED claims Kamdar had close ties with police officers and misused his influence in land-related matters. The investigation is linked to an alleged criminal syndicate led by Biswajit Podder.

VB-G RAM G Act to replace MGNREGA: What Changes For Rural Workers

VB-G RAM G Act to replace MGNREGA: What Changes For Rural Workers

Rediff.com11 May 2026

The Indian government has announced the replacement of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), or VB-G RAM G Act, 2025, effective July 1. The new scheme aims to expand guaranteed wage employment and link it more closely with infrastructure development and climate resilience, but faces concerns from opposition parties and labour rights activists.

Cyber Fraudsters Swindle Navi Mumbai Senior Citizen Of 64 Lakh

Cyber Fraudsters Swindle Navi Mumbai Senior Citizen Of 64 Lakh

Rediff.com26 Apr 2026

A senior citizen in Navi Mumbai was allegedly swindled of 64 lakh over four years by cyber fraudsters posing as insurance regulators and grievance officials.

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