The Delhi high court on Friday stayed a Rs 1,140 crore angel tax demand raised by the Income Tax department from hospitality and hotel aggregator Oyo's parent company Oravel Stays Private Limited for the assessment year 2020-21. The tax demand was issued under Section 56(2) (viib) of the Income Tax Act, commonly known as the "angel tax" provision, which applies when unlisted companies issue shares at a value exceeding their "fair" market price.
Prime Minister Narendra Modi addressed the nation on Independence Day, focusing on economic growth, self-reliance, and national security. He emphasized manufacturing quality products at affordable prices, supporting farmers, and combating terrorism and infiltration.
The stock of Apollo Hospitals Enterprise (AHEL), India's largest listed health care services company, fell 4.6 per cent on Monday (April 29) and slipped another 0.34 per cent to close at Rs 5,946.20 on Tuesday (April 30). The share declined due to a lower valuation for subsidiary Apollo HealthCo (AHL) and an aggressive valuation for Keimed, a promoter-owned drug wholesaler that is merging with AHL.
"It is still not too late. India must speak clearly, act responsibly, and use every diplomatic channel available to defuse tensions and promote a return to dialogue in West Asia," Gandhi asserted.
Here's why the snooze button on your alarm clock costs you precious sleep every month.
Kannada film actor Darshan Thoogudeepa has been granted bail by the Karnataka High Court in the Renukaswamy murder case. The actor, along with his friend Pavithra Gowda and seven others, was arrested in June for allegedly killing Renukaswamy, a fan, for sending obscene messages to Pavithra Gowda.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
'She didn't think she'd die. It was just a trend -- a video. But it took her away in seconds.'
Jaish-e-Mohammad chief Maulana Masood Azhar has acknowledged that 10 members of his family and four close associates were killed in India's missile attack on the outfit's headquarters in Bahawalpur. The statement attributed to Azhar said those killed included his elder sister and her husband, a nephew and his wife, another niece, and five children from his extended family. The attack also claimed the lives of one of Azhar's close associates and his mother, along with two other close companions.
In a little-known episode from the Emergency era, former prime minister Indira Gandhi quietly donated a significant sum of Rs 90,000 for treatment of her fiercest critic, Jayaprakash Narayan, the leader of the nationwide anti-Emergency movement.
This might help explain why our global outreach has received such a tepid response. We have chosen to be transactional with the world, as our UN votes reveal, points out Aakar Patel.
India currently performs around 6,00,000 to 7,00,000 laser-assisted in situ keratomileusis (Lasik) and refractive procedures a year, and the uptake is accelerating.
Rediff reports on the reasons behind this dramatic shift.
Chawdhary announced this after laying a wreath at the Amar Prahari memorial at the BS Headquarters in Jammu in remembrance of the fallen soldiers.
The former West Indies captain was admitted to the Global Hospital in Parel after complaining of chest pain during a gym workout session.
Today, learn about Utthita Trikonasana or the Extended Triangle Pose.
The DGCA directive called for a series of specific checks before each flight's departure from India, including inspection of fuel parameter monitoring systems, cabin air compressors, and electronic engine control units.
Welcome to Day 2 of Rediff's week-long celebration of Yoga ahead of the International Day of Yoga. Today, learn about Virabhadrasana II or the Warrior II Pose.
Prithvi Raj Singh Oberoi, the 94-year-old veteran corporate hotelier who redefined India's hospitality industry, passed away on Tuesday. The Chairman Emeritus of The Oberoi Group, popularly known as 'Biki', built a sprawling chain comprising 32 hotels during his lifetime. EIH owns the eponymous Oberoi and Trident hotel chains.
Your yoga practice doesn't start on the mat; it begins in the kitchen, says Dr Yogrishi Vishvketu, global yoga educator and founder of the Akhanda Yoga Institute.
Welcome to Rediff's week-long celebration of yoga ahead of the International Day of Yoga. We begin today with Vriksasana, the Tree Pose.
Esow escaped with "minor" injuries after he was hit from behind by two bikers on Wednesday but he said that it could have been worse.
Welcome to Day 6 of Rediff's week-long celebration of Yoga ahead of the International Day of Yoga. Today, learn about Urdhva Dhanurasana, The Wheel Pose.
Welcome to Day 5 of Rediff's week-long celebration of Yoga ahead of the International Day of Yoga. Today, learn about Prasarita Padottanasana, The Wide-Legged Forward Fold.
'Could the impending new crisis, vibe coding, similarly create not a disaster like what befell Indian handlooms during the Industrial Revolution but another opportunity like what the Y2K crisis created?' asks Ajit Balakrishnan.
Investors should tilt their portfolios towards domestic-facing defensive sectors, which should help provide stability and shield them from geopolitical and tariff risks.
A week after the devastating Air India plane crash in Ahmedabad claimed 270 lives, investigators on Thursday continued to sift for clues to ascertain the cause, while the government said the Aircraft Accident Investigation Bureau will decide where to decode the black box of the ill-fated Dreamliner.
Welcome to Day 4 of Rediff's week-long celebration of Yoga ahead of the International Day of Yoga. Today, learn about Phalakasana or the Plank Pose.
Former President Asif Ali Zardari will be the chief guest at the opening match between Pakistan and New Zealand at the National Stadium in Karachi.
The Adani Group plans to invest a record $15-20 billion across businesses over the next five years to chart out the next phase of growth, chairman Gautam Adani said on Tuesday as he touted the conglomerate's strong balance sheet and robust business to shrug off relentless scrutiny it faces. Record earnings from the businesses ranging from seaports to airports, renewable energy parks to data centres, cement to gas and electricity has built India's largest infrastructure group that not only exists just to serve the markets but to serve the nation's destiny, he said.
The United Nations, its top leaders and agencies have expressed horror and strong condemnation over the killing of hundreds of civilians in a strike on a hospital in Gaza, underscoring that attack on hospitals or civilian infrastructure is against international humanitarian law and called for holding those responsible to account.
Biryani is set to get its own valuation. Devyani International, the largest franchisee of Kentucky Fried Chicken (KFC) quick-service restaurants (QSRs) in India, is considering the acquisition of Sky Gate Hospitality, which operates restaurants under the brand Biryani By Kilo (BBK), it said in a statement to BSE on Monday.
The Indian Air Force (IAF) has confirmed that its crew are well-equipped to handle potential GPS spoofing incidents, asserting that all relief missions to earthquake-hit Myanmar were successfully completed as planned. The IAF's statement follows reports of GPS signal tampering during relief flights, which raised security concerns. Sources in the military establishment had earlier suggested that IAF transport aircraft carrying relief materials to Myanmar faced "GPS spoofing", prompting the IAF to assure that its crew are capable of handling such situations.
"It is shocking to note that Turkey, the second-largest arms supplier to Pakistan after China, has played a key role in modernising Pakistan's navy and enhancing its aerial warfare capabilities. "This defence collaboration is not just commercial; it is ideological, targeting the stability of South Asia and emboldening Pakistan's military adventurism," SJM national co-convenor Ashwini Mahajan said in a statement.
Proceeds from the sale will support the training of future generations of doctors at the Oslo University Hospital. The fascinating story behind the Husain painting which set a new record for modern Indian art.
Dr Ganesh Natarajan, a special guest on rediffGURUS, has been addressing questions from Rediff readers, about how to grow professionally, how women can achieve leadership roles in Indian companies, and what it takes to succeed as an entrepreneur.
West Indies legend Brian Lara has been admitted to Global Hospital in Mumbai after he complained of chest pain.
Pope Francis has died, the Vatican said on Monday. The Pope passed away on Easter Monday, April 21, 2025, at the age of 88 at his residence in the Vatican's Casa Santa Marta, according to a statement from the Vatican.
Pakistan Cricket Board (PCB) chairman Mohsin Naqvi has decided to watch the Champions Trophy matches from the stands, after selling the 30-seat VIP Hospitality Box offered to him for around 400,000 dirhams (INR 94 lakh), and putting the proceeds into the PCB's coffers. Naqvi was offered the premium seating for himself, his family, and guests for the matches in Dubai. However, he chose to sell the box and watch the game, including the game against India, from regular enclosures to experience the atmosphere with the fans.
At the end of the day, for many worldwide, the ongoing mutual attacks between Israel and Iran would seem a contest devoid of any moral high ground and only a bout between two ordinary adversaries, one that nevertheless risks spinning out of control into a larger conflagration, notes Shyam G Menon.
