News for 'INC'

LG India is the most valuable consumer durable company

LG India is the most valuable consumer durable company

Rediff.com15 Oct 2025

LG Electronics India made a dazzling market debut on Tuesday, ending 48 per cent higher than its issue price and surpassing its South Korean parent in market value.

India Inc promoters holding slumps to 8-yr low in Q1

India Inc promoters holding slumps to 8-yr low in Q1

Rediff.com4 Aug 2025

Promoters' ownership in private listed companies declined to an eight-year low of 40.58 per cent as of June 30, 2025, following a net share sale worth Rs 54,732 crore during the quarter, according to data from primeinfobase.com, an initiative of PRIME Database Group.

Pharma Inc hopes for fair deal as Donald Trump announces 25% tariffs

Pharma Inc hopes for fair deal as Donald Trump announces 25% tariffs

Rediff.com31 Jul 2025

India's pharmaceuticals and medical devices industries are still hopeful that trade negotiations with the US could cut a fairer deal for both sides, after President Donald Trump announced a 25 per cent tariff rate on India on a social networking platform without divulging the finer details.

IPO Boom Faces Reality Check Amid Market Volatility

IPO Boom Faces Reality Check Amid Market Volatility

Rediff.com28 Oct 2025

More than a third of 83 mainboard IPOs this year ended their debut sessions in the red, with losses of up to 35 per cent.

Legal Tussles Rock India's IT Sector

Legal Tussles Rock India's IT Sector

Rediff.com14 Oct 2025

2025 has seen a sharp rise in lawsuits targeting IT services and consulting companies, which now increasingly offer proprietary digital platforms and cloud services.

Smart Glasses To Be As Affordable As Regular Eyewear

Smart Glasses To Be As Affordable As Regular Eyewear

Rediff.com27 Sep 2025

Qualcomm is partnering with Indian firms like Lenskart to make smart glasses nearly as affordable as regular eyewear.

Pak can make him...: BJP targets Rahul over Shahid Afridi's praise

Pak can make him...: BJP targets Rahul over Shahid Afridi's praise

Rediff.com16 Sep 2025

Hitting back, Congress spokesperson Supriya Shrinate posted a picture of Afridi with BJP leader Anurag Thakur to say that the ruling party should be ashamed for asking questions from the Congress while it itself maintain ties with them.

Vote deletion can't be done online: EC on Rahul charge

Vote deletion can't be done online: EC on Rahul charge

Rediff.com18 Sep 2025

The Election Commission has refuted allegations made by Congress leader Rahul Gandhi that CEC Gyanesh Kumar is protecting 'vote chors,' calling the claims incorrect and baseless.

Dubai offers India Inc a low-tariff launchpad into EMs

Dubai offers India Inc a low-tariff launchpad into EMs

Rediff.com17 Apr 2025

Dubai is positioning itself as a springboard for Indian companies looking to tap into fast-growing emerging markets, including Africa, banking on low tariffs, long-standing trade relations, and a shared vision for regional economic growth, said Mohammad Ali Rashid Lootah, president and chief executive officer, Dubai Chambers, at the Dubai-India Business Forum in Mumbai.

Will India Inc get to explore critical minerals overseas?

Will India Inc get to explore critical minerals overseas?

Rediff.com14 Jun 2025

India is planning to amend the Mines and Minerals (Development and Regulation) Amendment Act 2023 to specify the use of funds currently earmarked at 5,600 crore for exploring critical mineral mines overseas, according to a top official. The proposed amendments also aim to introduce a tailings policy and modify the royalty structure to facilitate the extraction of critical minerals from waste materials, the official added.

Delhi HC protects Karan Johar's personality rights

Delhi HC protects Karan Johar's personality rights

Rediff.com20 Sep 2025

The Delhi High Court has protected the personality and publicity rights of filmmaker and producer Karan Johar by restraining several websites and platforms from illegally using his name, image and persona for commercial gains.

Will GST 2.0 Fix Deeper Weaknesses?

Will GST 2.0 Fix Deeper Weaknesses?

Rediff.com3 Sep 2025

GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.

Byju's Founders to Sue Investors

Byju's Founders to Sue Investors

Rediff.com18 Jul 2025

'Byju's founders reserve all rights to bring actions against those parties that have caused damage to them personally and to their businesses.'

Stocks of domestic-facing firms lag despite tariff-related hedge calls

Stocks of domestic-facing firms lag despite tariff-related hedge calls

Rediff.com1 Sep 2025

To shield against US President Donald Trump's tariff shock, analysts have been advising investors to focus on stocks of domestic-oriented companies, rather than export-centric ones, to minimise potential losses.

Apple Boosts Output For iPhone 17 Launch

Apple Boosts Output For iPhone 17 Launch

Rediff.com4 Sep 2025

India has become Apple's main export hub to the US, which consumes over $40 billion worth of iPhones annually.

Indian among 5 killed in US tour bus crash near Buffalo

Indian among 5 killed in US tour bus crash near Buffalo

Rediff.com24 Aug 2025

A tour bus crash near Buffalo, New York, has resulted in the death of five people, including an Indian national. The bus, carrying 54 passengers, was returning to New York City from Niagara Falls when the accident occurred.

India Inc to clock 7-8% revenue growth in Q4

India Inc to clock 7-8% revenue growth in Q4

Rediff.com24 Feb 2025

Domestic rating agency ICRA on Monday said Indian companies are likely to clock 7-8 per cent revenue growth during the March quarter of the current fiscal year, led by revival in rural demand and uptick in government spending. ICRA expects the private capital expenditure (capex) cycle to remain measured in view of the uncertainties around geopolitical developments and relatively subdued outlook on merchandise exports from India.

'I Won't Wait For Decades To Get Reform Done'

'I Won't Wait For Decades To Get Reform Done'

Rediff.com19 Sep 2025

'That is going to have an impact on literally every one, whether you buy a toothpaste, a safety pin, a car, shoes or medicines or you go to a diagnostic centre.'

Rahul alleges 'vote theft' in Maha CM's constituency

Rahul alleges 'vote theft' in Maha CM's constituency

Rediff.com25 Jun 2025

Gandhi's remarks came on a day it emerged that the Election Commission has formally written to him on his allegations of rigging in the 2024 Maharashtra polls, saying all polls held by the poll panel strictly as per laws passed by Parliament and rules, and the entire exercise involves thousands of personnel, including booth-level agents appointed by political parties.

India Inc to double capex to $850 bn in 5 yrs: S&P report

India Inc to double capex to $850 bn in 5 yrs: S&P report

Rediff.com11 Jun 2025

Corporate India is embarking on an ambitious investment drive, with capital expenditure (capex) expected to double to $850 billion over the next five years, according to a report by S&P Global Ratings. Indian power & transmission, airlines, and green hydrogen sectors would spearhead the spending, the report said.

It's time to get started, put money in deals: M&A financing opens up

It's time to get started, put money in deals: M&A financing opens up

Rediff.com15 Sep 2025

Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.

ONGC Q1 net profit drops 10% on lower oil prices

ONGC Q1 net profit drops 10% on lower oil prices

Rediff.com13 Aug 2025

State-owned Oil and Natural Gas Corporation (ONGC) has reported a 10 per cent decline in its June quarter net profit on lower oil prices and stagnant production from its aging fields. The company reported a net profit of Rs 8,024 crore in the first quarter of 2025-26 fiscal year, compared to Rs 8,938 crore earning in the same period last year, a company statement said.

Astronomer CEO quits after Coldplay kiss cam scandal

Astronomer CEO quits after Coldplay kiss cam scandal

Rediff.com20 Jul 2025

The short video clip shows Byron and Cabot as captured on the jumbotron at Gillette Stadium in Foxborough, Massachusetts, Boston during a Coldplay concert on July 16, 2025.

Why is India Inc not speaking about investment?: Sitharaman

Why is India Inc not speaking about investment?: Sitharaman

Rediff.com28 Feb 2025

'The answer is not for me to give. The answer either way has to be heard from the industry itself. Tell us why not if you are not doing it; tell us if you are doing it -- why should this question remain unanswered?'

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Rediff.com11 Jul 2025

India's mergers & acquisitions (M&As) market recorded deals worth $45.44 billion in the first half of 2025, up nearly 3.3 per cent from a year ago, even as ultra large-ticket transactions remained subdued. During the first half, the 7.1 per cent rise in deal count to 1,614 signals continuing appetite among domestic conglomerates and private equity (PE) funds for mid-sized and smaller assets.

Indira Gandhi Or Modi: Who's India's Strongest PM?

Indira Gandhi Or Modi: Who's India's Strongest PM?

Rediff.com5 Sep 2025

Mrs Gandhi's power ebbed and peaked with the times. Mr Modi's has almost been constant, barring the few months of hard dip after the 240 seats of 2024, points out Shekhar Gupta.

Why India Inc is opting for long-term borrowing

Why India Inc is opting for long-term borrowing

Rediff.com16 Jan 2025

With short-term rates firming up due to tight liquidity conditions, Indian corporates are opting to borrow long term to take advantage of the attractive rates by locking them in these uncertain times. The banking system has a liquidity deficit of over Rs 2 trillion. According to market participants, engineering conglomerate Larsen & Toubro (L&T) raised Rs 1,500 crore through 10-year bonds in December 2024.

Trump's Tariffs: 3 Million Tamil Nadu Jobs At Risk

Trump's Tariffs: 3 Million Tamil Nadu Jobs At Risk

Rediff.com26 Aug 2025

The textile and apparel sector is India's second-largest employment provider, after agriculture, and it is now caught in a wave of uncertainty following the Donald Trump administration's tariff policy.

India Inc pays rich tributes to Manmohan Singh

India Inc pays rich tributes to Manmohan Singh

Rediff.com27 Dec 2024

Singh, who opened up the economy as finance minister and served as prime minister for two consecutive terms, died on Thursday at the age of 92. "History will forever honour his pivotal role in the transformative 1991 reforms that reshaped India and opened its doors to the world.

LIC's stock portfolio sees Rs 46,000 cr dent in July

LIC's stock portfolio sees Rs 46,000 cr dent in July

Rediff.com5 Aug 2025

Life Insurance Corporation (LIC) , the country's largest domestic institutional investor (DII), has seen a Rs 46,000 crore erosion in the value of its equity holdings amid market downturns in July. The benchmark indices, Nifty 50 and BSE Sensex, have slipped 2.6 per cent from their June 2025-end level to 24,837 and 81,463.09 respectively.

Have You Seen These Cool Work Desks?

Have You Seen These Cool Work Desks?

Rediff.com18 Jul 2025

Check out these cute and quirky work desk photographs!

Trump's Tariff Give Electronics A Breather

Trump's Tariff Give Electronics A Breather

Rediff.com31 Jul 2025

But the respite may not last long.

US sanctions Indian companies over Iran oil trade

US sanctions Indian companies over Iran oil trade

Rediff.com31 Jul 2025

The United States has imposed sanctions on at least half a dozen Indian companies accused of trading in Iranian petroleum and petrochemicals as part of broader action targeting 20 entities worldwide.

India Inc revenue growth in Q2 likely slowest in 4 years

India Inc revenue growth in Q2 likely slowest in 4 years

Rediff.com25 Oct 2024

The revenue growth of Indian companies for the July-September quarter is estimated to be 5-7 per cent year-on-year (Y-o-Y), marking the slowest growth in 16 quarters, rating agency CRISIL said on Thursday.

Hospitals Boost IT Spend to Fight Cyber Threats

Hospitals Boost IT Spend to Fight Cyber Threats

Rediff.com20 Jun 2025

The growing caution among hospitals is being driven by a rise in double-extortion ransomware attacks, AI-enabled phishing, deepfake fraud, and vulnerabilities in connected medical devices.

Can India Inc Absorb 10 Million Interns?

Can India Inc Absorb 10 Million Interns?

Rediff.com14 Aug 2024

'India's top companies currently lack the organisational wherewithal to hire and train 2 million interns annually, given their current scale of operations and existing employee base.'

Congress to Challenge Waqf Bill in Supreme Court 'very soon'

Congress to Challenge Waqf Bill in Supreme Court 'very soon'

Rediff.com4 Apr 2025

The Congress party announced its intention to challenge the constitutionality of the recently passed Wakf (Amendment) Bill, 2024 in the Supreme Court. AICC general secretary Jairam Ramesh stated that the party will "very soon" file a petition, citing concerns about the bill's impact on constitutional principles. Ramesh highlighted the Congress's ongoing legal challenges against other legislation, including the Citizenship Amendment Act (CAA), amendments to the Right to Information (RTI) Act, and changes to the Conduct of Election Rules. He emphasized the party's commitment to defending the Constitution's principles, provisions, and practices.

Apple's India Plans Unfazed by US-China Tariff Truce

Apple's India Plans Unfazed by US-China Tariff Truce

Rediff.com22 May 2025

There's no change in Apple Inc's India strategy, said a top government source. 'It can only be enhanced'.

Bihar Cabinet okays Rs 882.87cr for developing Sita's birthplace

Bihar Cabinet okays Rs 882.87cr for developing Sita's birthplace

Rediff.com1 Jul 2025

According to the proposal of the state Tourism department, which was approved by the Cabinet, around Rs 137 crore will be spent on the renovation of the old Punaura Dham Janki Mandir and Rs. 728 crore for the development of tourist infrastructure around the temple. The remaining amount will be spent on the maintenance of the infrastructure for ten years.

India Inc profits crawl as sales stay sluggish

India Inc profits crawl as sales stay sluggish

Rediff.com24 Feb 2025

Corporate India's struggle with subdued revenue and earnings growth persisted in the October-December quarter of 2024-25 (Q3FY25). The combined net sales (gross interest earnings for lenders) of listed companies grew in single digits for the seventh consecutive quarter, while their combined net profit rose by a single digit for the third straight quarter.