News for 'Financial Times'

UEFA nations to boycott World Cup over FIFA stake sale plans

UEFA nations to boycott World Cup over FIFA stake sale plans

Rediff.com30 Jul 2026

UEFA's member associations have unanimously voted to boycott the World Cup and other FIFA competitions in protest against FIFA's plan to sell stakes to external investors in a subsidiary managing its tournaments.

15 dead as rains pound Kerala, 7 missing

15 dead as rains pound Kerala, 7 missing

Rediff.com3 Aug 2026

Kerala Chief Minister V D Satheesan announced that the death toll from rain-related incidents has reached 15, with seven people still missing. He confirmed that the overall situation is under control, except for a few areas in Pathanamthitta, as the state intensifies rescue and relief operations. The CM detailed the deployment of rescue teams, functioning relief camps, and immediate compensation measures for victims and affected families, while also cautioning against rumours regarding dam water release.

Apologise in 3 days or...: Zuckerberg warned over PM video removal

Apologise in 3 days or...: Zuckerberg warned over PM video removal

Rediff.com5 Aug 2026

An Indian Parliamentary standing committee has demanded an apology from Meta chief Mark Zuckerberg within three days for the temporary removal of Prime Minister Narendra Modi's video from Facebook, threatening to withdraw immunity under the IT Act if he fails to comply. The committee also pushed for government action against Google India regarding financial fraud.

HDFC Bank Board Imposes Rs 1 Lakh Penalty on MD, CFO in MSRDC Case

HDFC Bank Board Imposes Rs 1 Lakh Penalty on MD, CFO in MSRDC Case

Rediff.com27 Jul 2026

HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.

Meet Prashant Kishor's Wife, Jahnavi Das

Meet Prashant Kishor's Wife, Jahnavi Das

Rediff.com4 Aug 2026

Prashant Kishor and Dr Jahnavi Das first met while working on a United Nations public health initiative.

Time To Choose Growth Over Rupee Fear

Time To Choose Growth Over Rupee Fear

Rediff.com11 Jun 2026

The primary objective should be to figure out a way to grow at 7 to 7.5 per cent with inflation around 4 per cent. Any policy that can help us get there must be experimented with. Those that work should stay. Those that do not should go, suggests Karan Bhasin.

LIC emerges as highest profit-making financial company in Jan-Mar quarter

LIC emerges as highest profit-making financial company in Jan-Mar quarter

Rediff.com24 May 2026

State-owned Life Insurance Corporation of India (LIC) has reported a net profit of over Rs 23,400 crore for the January-March quarter, making it the highest profit-making firm in the Indian financial sector during this period, surpassing major banks like SBI and HDFC Bank.

India Dominates FIDE Awards Shortlist

India Dominates FIDE Awards Shortlist

Rediff.com21 Jul 2026

From supporting young talents financially to earning global recognition, Indian chess is making its presence felt like never before.

Temasek looks to cash in on IPL boom as investor race heats up

Temasek looks to cash in on IPL boom as investor race heats up

Rediff.com22 Jul 2026

Temasek is exploring investment opportunities in India's booming IPL cricket league, a senior executive told Reuters, making the Singapore state investor the latest player to target one of the world's richest sports tournaments.

'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.'

Guess How Much DIIs Invested In Indian Equities?

Guess How Much DIIs Invested In Indian Equities?

Rediff.com1 Aug 2026

DIIs invested $22.8 billion in Indian equities in Q2CY26.

Sebi tightens governance norms in post-Madhabi Buch era

Sebi tightens governance norms in post-Madhabi Buch era

Rediff.com16 Jul 2026

The Securities and Exchange Board of India (Sebi) has introduced a comprehensive new code of conduct for its board members, significantly tightening rules on conflict of interest, disclosures, recusals, and non-permitted investments, moving from broad ethical guidelines to a more prescriptive, compliance-driven regime.

'Can't describe our pain': Wayanad survivors recall nightmare 2 yrs later

'Can't describe our pain': Wayanad survivors recall nightmare 2 yrs later

Rediff.com30 Jul 2026

Two years after the devastating Mundakkai-Chooralmala landslides in Wayanad claimed 298 lives, survivors continue to grapple with profound grief and trauma. Despite government rehabilitation efforts providing new homes in Kalpetta, many families face lingering emotional scars and financial hardships, highlighting the long-term impact of the tragedy.

Pep Guardiola turns down Italy role as search for coach continues

Pep Guardiola turns down Italy role as search for coach continues

Rediff.com24 Jul 2026

Former Manchester City and Barcelona manager Pep Guardiola has turned down the opportunity to coach the Italy national team, a source familiar with the discussions said on Friday, confirming media reports.

7 Life Lessons From Spider-Man: Brand New Day

7 Life Lessons From Spider-Man: Brand New Day

Rediff.com6 days ago

Spider-Man: Brand New Day shows that even superheroes need friends, healthy outlets for their emotions and the courage to learn from their mistakes.

Kerala rains: 25 dead, over 18K evacuated; red alert in 8 districts

Kerala rains: 25 dead, over 18K evacuated; red alert in 8 districts

Rediff.com5 Aug 2026

The heavy rains that have battered Kerala since August 1 have claimed 25 lives, left four people missing, injured 10 and damaged hundreds of properties, forcing thousands to seek shelter in relief camps, the state government said on Tuesday.

Friendship Day: When Colleagues Become Family

Friendship Day: When Colleagues Become Family

Rediff.com2 Aug 2026

Divya Nair remembers the work friendships that proved some of life's strongest bonds are built beyond the cubicle.

Bira 91 Founder Ankur Jain Exits Board, Executive Roles Following Settlement

Bira 91 Founder Ankur Jain Exits Board, Executive Roles Following Settlement

Rediff.com22 Jul 2026

Bira 91 founder Ankur Jain and his family have stepped down from the board and executive positions of B9 Beverages, the parent company, after reaching a settlement with the craft beer maker's lenders and investors.

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.

Financial chaos in PSL? PCB faces big crisis

Financial chaos in PSL? PCB faces big crisis

Rediff.com6 May 2026

The Pakistan Cricket Board has initiated a strong campaign to recover billions in dues from defaulting franchises, broadcast, and business partners to improve its financial standing.

Biggest Mistake MF Investors Make; Are You One Of Them?

Biggest Mistake MF Investors Make; Are You One Of Them?

Rediff.com27 Jul 2026

'Investors spend too much time picking the right mutual fund and too little time choosing the right asset allocation. That's where real wealth is created.'

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.'

WhatsApp begins testing age checks for Indian users

WhatsApp begins testing age checks for Indian users

Rediff.com4 Aug 2026

WhatsApp is testing new ways for users in India to confirm their age as it prepares to comply with upcoming legal requirements, including those related to the Digital Personal Data Protection (DPDP) Act, the Meta-owned messaging platform said on Tuesday.

Olympic Medallist Vijender Singh Seeks Ministry Support For Haryana Boxing Academy

Olympic Medallist Vijender Singh Seeks Ministry Support For Haryana Boxing Academy

Rediff.com22 Jul 2026

Indian boxing icon Vijender Singh is planning to establish a boxing academy in his ancestral village of Kaluwas, Bhiwani, and has sought financial assistance from the Sports Ministry.

FIFA's $20 Billion Subsidiary Plan: Infantino's Ultimatum & Global Backlash

FIFA's $20 Billion Subsidiary Plan: Infantino's Ultimatum & Global Backlash

Rediff.com30 Jul 2026

FIFA President Gianni Infantino's proposal to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to commercialise its events and offer stakes to external investors, has drawn significant criticism from governing bodies like UEFA and CONCACAF, who accuse FIFA of a lack of transparency and attempting to 'sell the soul of football'.

Here's why Kohli's RCB is IPL's most valuable team

Here's why Kohli's RCB is IPL's most valuable team

Rediff.com29 Jul 2026

The business value of the Indian Premier League (IPL) has surged by over 11% to $20.6 billion this year, according to U.S.-based investment bank Houlihan Lokey. This growth is driven by its robust commercial model, attracting significant investor interest, as evidenced by recent franchise ownership changes and a diversified commercial ecosystem.

Youth divert birthday savings to Jantar Mantar protests

Youth divert birthday savings to Jantar Mantar protests

Rediff.com24 Jul 2026

Young students are diverting their personal savings, originally intended for gadgets or college expenses, to fund their participation in the ongoing protests at Jantar Mantar, highlighting their commitment to issues affecting their future.

On Guru Purnima, para-athlete Dilip Gavit dedicates CWG gold to coach Vaijanath Kale

On Guru Purnima, para-athlete Dilip Gavit dedicates CWG gold to coach Vaijanath Kale

Rediff.com30 Jul 2026

Indian para-athlete Dilip Mahadu Gavit, fresh off winning the Commonwealth Games 2026 gold medal in the men's T47 100m with a Games record, dedicated his triumph to his coach Vaijanath Kale on Guru Purnima, crediting him for spotting his talent and transforming his career.

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

Rediff.com25 Jul 2026

State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.

HCLTech CEO C Vijayakumar's Salary Jumps 67% to $18.13 Million in FY26

HCLTech CEO C Vijayakumar's Salary Jumps 67% to $18.13 Million in FY26

Rediff.com21 Jul 2026

HCLTech CEO C Vijayakumar's total salary for the financial year 2025-26 surged by nearly 66.9 per cent to $18.13 million, primarily driven by long-term incentives and stock options, placing him at the top among his Indian IT sector peers.

ED Returns 63,000 Crore To Victims Of Financial Crimes

ED Returns 63,000 Crore To Victims Of Financial Crimes

Rediff.com12 May 2026

The Enforcement Directorate has reported a staggering 170 per cent surge in asset attachments, reaching 81,422 crore in the last financial year (FY26), underscoring its intensified efforts against financial crimes and its significant role in restituting funds to victims.

Indian Students In Canada Face 'Post-Graduation Work Permit' Shock

Indian Students In Canada Face 'Post-Graduation Work Permit' Shock

Rediff.com22 Jul 2026

For hundreds of Indian scholars who journeyed to Canada aiming for a foreign degree and a path toward long-term career opportunities, what should have been a triumphant graduation has instead spiralled into deep uncertainty.

Why Banks Prefers Retired Bureaucrats...

Why Banks Prefers Retired Bureaucrats...

Rediff.com9 Jul 2026

It is because dealing with a regulatory system that is largely headed by retired IAS officers then becomes relatively easy, points out A K Bhattacharya.

Modern Marriage: 'I Never Saw My Husband's Affair Coming'

Modern Marriage: 'I Never Saw My Husband's Affair Coming'

Rediff.com21 Jul 2026

In Rediff's series on modern marriages, young couples from across India discuss how they deal with differences of opinion, lifestyle preferences and personal choices. Here, *Ananya tells Rishika Shah/Rediff how a marriage she thought was built on teamwork fell apart almost overnight.

'Jan shakti' will drag him out over student crackdown: Kharge slams Shah

'Jan shakti' will drag him out over student crackdown: Kharge slams Shah

Rediff.com31 Jul 2026

Holding Home Minister Amit Shah responsible for alleged police brutalities on protesting students, Leader of the Opposition in the Rajya Sabha Mallikarjun Kharge on Thursday said that "Jan Shakti" (people's power) will "drag him out" one day to make him accountable.

Maruti Suzuki's Q1 net profit falls 9% despite sales jump, as West Asia conflict drives up costs

Maruti Suzuki's Q1 net profit falls 9% despite sales jump, as West Asia conflict drives up costs

Rediff.com1 Aug 2026

Maruti Suzuki India (MSIL) reported a 9.1 per cent year-on-year decline in net profit for the April-June quarter of 2026-27, marking its second consecutive quarterly fall. This dip occurred despite a significant 29.3 per cent jump in sales volume, primarily due to escalating commodity prices, increased energy costs, and logistics disruptions stemming from the West Asia conflict.

EPFO Interest Credit: What You Should Know

EPFO Interest Credit: What You Should Know

Rediff.com20 Jul 2026

Millions of EPFO subscribers can now check whether 8.25% annual interest for FY2025-26 has been credited to their provident fund accounts.

Could a 64-team World Cup put Asian football at FIFA's mercy?

Could a 64-team World Cup put Asian football at FIFA's mercy?

Rediff.com21 Jul 2026

FIFA President Gianni Infantino has acknowledged the possibility of expanding the World Cup to 64 teams, a move that could significantly alter the sport's economics and logistics, despite opposition from major confederations like UEFA and AFC.

Can India's New Mobile Scheme Beat China?

Can India's New Mobile Scheme Beat China?

Rediff.com30 Jul 2026

Apple Inc, which had planned to shift only 10 per cent of its global production base from China to India with respect to iPhones at the end of FY26, is currently churning out one out of every four iPhones in the world from India.

Why Have Flipkart, Netflix Tied Up?

Why Have Flipkart, Netflix Tied Up?

Rediff.com1 Aug 2026

'GenZ today is close to 45 to 50 per cent of the overall shopping journeys in the country. They are also very content-first in terms of entertainment or otherwise, general gratification of content and discovery.'