News for 'India Business Unit'

Reliance stops use of Russian oil at its only-for-export refinery

Reliance stops use of Russian oil at its only-for-export refinery

Rediff.com21 Nov 2025

Reliance Industries Ltd on Thursday said it has halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, as the company moves to comply with European Union sanctions. Reliance is India's largest buyer of Russian oil, which it processes and turns into fuel, such as petrol and diesel, at its giant oil refining complex at Jamnagar.

Modi and Putin: Hug in airport, ride in car, dinner at 7, LKM

Modi and Putin: Hug in airport, ride in car, dinner at 7, LKM

Rediff.com5 Dec 2025

Russian President Vladimir Putin arrived in New Delhi for a two-day visit focused on strengthening ties with India, including defense cooperation and trade, amidst a changing geopolitical landscape.

RE leads charge as Andhra bags Rs 13 trn investment proposals

RE leads charge as Andhra bags Rs 13 trn investment proposals

Rediff.com17 Nov 2025

Renewables sector stole the show as Andhra Pradesh bagged investments to the tune of around Rs 13.25 trillion during the three-day CII Partnership Summit in Visakhapatnam. The sector accounted for the bulk of Rs 5.33 trillion out of the memorandum of understanding (MoUs) signed during the summit.

Shah Rukh-Kajol's DDLJ Now Lives In London

Shah Rukh-Kajol's DDLJ Now Lives In London

Rediff.com5 Dec 2025

Shah Rukh Khan and Kajol unveiled a bronze statue of their iconic characters, Raj and Simran, from Aditya Chopra's blockbuster Dilwale Dulhania Le Jayenge in London on December 4.

India, UK natural partners: Modi after talks with Starmer

India, UK natural partners: Modi after talks with Starmer

Rediff.com9 Oct 2025

Prime Minister Narendra Modi emphasized the strong partnership between India and the UK, highlighting its importance for global stability and economic progress amidst global uncertainty. Discussions covered trade, defense cooperation, and geopolitical issues.

Fuel emission relief for small cars leaves industry divided

Fuel emission relief for small cars leaves industry divided

Rediff.com24 Nov 2025

A deep split has emerged within India's auto industry over the proposed CAFE exemption for small cars, with only Maruti Suzuki and Renault backing the move in the final SIAM vote.

'If Entrepreneurship Is A Marathon, Then...'

'If Entrepreneurship Is A Marathon, Then...'

Rediff.com17 Nov 2025

'...then preparing oneself for the long haul is also essential.' 'Identifying and holding onto values gives you strength to withstand the difficulties enroute.' 'Taking care of your physical, mental, and intellectual well-being gives you the strength to stay the path.'

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.

'Govt Has Executed A Commendable Task'

'Govt Has Executed A Commendable Task'

Rediff.com5 Dec 2025

'...not merely in managing fiscal mathematics, but in demonstrating conservatism and prudence within that framework.' 'Looking forward, we believe sufficient growth drivers exist -- ranging from government reforms to revival in consumption to favourable monsoons. Numerous factors support the Indian economy.'

Affordable homes no longer attractive to investors

Affordable homes no longer attractive to investors

Rediff.com27 Nov 2025

Affordable homes, priced under Rs 40 lakh per unit, may not be attractive anymore, not just for developers but also for investors, with the segment seeing a 26 per cent price rise over three years since 2022 versus 40 per cent returns from luxury homes priced Rs 1.5 crore and above.

Reits to be gradually included in market indices, says Sebi chief

Reits to be gradually included in market indices, says Sebi chief

Rediff.com23 Nov 2025

India's market regulator is moving ahead to include real estate investment trusts (Reits) in benchmark indices in a phased manner, Sebi chief Tuhin Kanta Pandey said, while asserting that the regulator was working to strengthen the link between infrastructure building and the markets.

Marsh backs Australia's attacking game ahead of India T20Is

Marsh backs Australia's attacking game ahead of India T20Is

Rediff.com28 Oct 2025

'Look, they (India) are a fantastic team, one which we have great respect for and I think five-match series are going to provide a lot of excitement for the fans that are coming to watch.'

Carmakers post record sales in Oct driven by GST rate cut

Carmakers post record sales in Oct driven by GST rate cut

Rediff.com1 Nov 2025

Top carmakers led by Maruti Suzuki, Mahindra & Mahindra, Tata Motors Passenger Vehicles and Kia India on Saturday reported record sales in the domestic market riding on festive demand boosted by GST rate cut. Other manufacturers such as Skoda Auto India and Toyota Kirloskar Motor also posted impressive growth in sales in October.

'Villains Are The Most Interesting To Design For'

'Villains Are The Most Interesting To Design For'

Rediff.com9 Dec 2025

'Every film had its challenges, but Mr India, Sadak and Gandhi were the toughest.' 'Mr India needed imagination, Sadak needed sensitivity and Gandhi demanded historical authenticity.'

US Sanctions May Not Stop Russian Oil Flow To India

US Sanctions May Not Stop Russian Oil Flow To India

Rediff.com4 Nov 2025

Sanctioning Russian oil would have led to a sharp surge in oil prices to above $80 per barrel levels, which would impact pump prices in the US ahead of midterm elections next year.

What India Plans to Focus On At COP30 Summit in Brazil

What India Plans to Focus On At COP30 Summit in Brazil

Rediff.com27 Oct 2025

'At COP30, the emphasis will be on unlocking climate finance, reinforcing the principle of common but differentiated responsibilities, and building resilience through inclusive transitions and the mainstreaming of adaptation.'

Ashok Leyland logs record profit

Ashok Leyland logs record profit

Rediff.com13 Nov 2025

Hinduja Group-led Ashok Leyland has posted a record consolidated net profit of ~820 crore in the second quarter of 2025-26 (FY26), up 7 per cent from ~767 crore during the same quarter last year.

'Gopi Was A Champion Of Enterprise'

'Gopi Was A Champion Of Enterprise'

Rediff.com6 Nov 2025

'What made Gopi a man above others was his belief that business carried a broader purpose -- creating opportunity and bridging cultures.' Lakshmi Mittal, executive chairman, ArcelorMittal, pays tribute to Gopichand Hinduja who passed into the ages on November 4, 2025.

India Scrap Arrival Cards For Foreigners

India Scrap Arrival Cards For Foreigners

Rediff.com3 Oct 2025

Starting Wednesday, October 1, foreigners in India have the option to submit a 'digital arrival card' online instead of the paper card.

India Eyes Self-Reliance in Rare-Earth Magnet Production

India Eyes Self-Reliance in Rare-Earth Magnet Production

Rediff.com9 Oct 2025

The government plans to establish a fully indigenous manufacturing ecosystem with an annual production capacity of up to 6,000 tonnes. The scheme is expected to run for seven years, according to official documents.

Visa Shock Stalls India's Talent Race

Visa Shock Stalls India's Talent Race

Rediff.com13 Oct 2025

If the Indian government is indeed serious about reversing brain drain, it needs to put much more emphasis on research and innovation, especially in areas that will determine the future, asserts Prosenjit Datta.

Andhra all set for huge investments from Adani Group, Reliance

Andhra all set for huge investments from Adani Group, Reliance

Rediff.com15 Nov 2025

Adani Group said on Friday it will invest around Rs 1 trillion in various sectors of Andhra Pradesh over the next ten years, deepening its commitment in the state where it will partner with Google for an artificial intelligence (AI) hub in Visakhapatnam.

Packed Calendar, Big Diplomatic Moves

Packed Calendar, Big Diplomatic Moves

Rediff.com16 Oct 2025

Since June, India's ministry of external affairs has intensified its diplomatic calendar, hosting several heads of state and government, foreign ministers, and key trade delegations.

India face selection dilemma as Ro-Ko eye series revival

India face selection dilemma as Ro-Ko eye series revival

Rediff.com22 Oct 2025

The Indian team's heavy reliance on all-rounders will be tested by a plucky Australia in the second ODI but the spotlight will continue to stay firmly on Virat Kohli and Rohit Sharma, both of whom would look to turn back the clock with series-saving knocks in Adelaide on Thursday.

Top 6 Countries To Study Abroad

Top 6 Countries To Study Abroad

Rediff.com11 Nov 2025

Study abroad experts explain how Canada, Australia, Germany, France and Dubai are redefining global education.

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

Rediff.com6 Dec 2025

'Where rostering systems are automated and duty time software interfaces directly with DGCA, the assertion that they suddenly discovered crew shortages is simply implausible.' 'If adequate crew planning hasn't materialised within 12 to 24 months from inception, how will 45 days -- from December 5 to February 12 -- suddenly resolve matters?'

Reits keep lights on for India's office leasing as market flickers

Reits keep lights on for India's office leasing as market flickers

Rediff.com13 Oct 2025

With average returns of 18 per cent over the past year, listed real estate investment trusts (Reits) have clearly outperformed both the Nifty Realty index and the Sensex. Over the same period, Nifty Realty fell 15.5 per cent, while the benchmark index was largely unchanged. Steady office leasing, the Securities and Exchange Board of India's (Sebi's) decision to reclassify Reits as equity instruments, and ongoing portfolio expansion have strengthened the sector's appeal.

21 injured as fire erupts at main venue of UN COP30 summit in Brazil

21 injured as fire erupts at main venue of UN COP30 summit in Brazil

Rediff.com21 Nov 2025

A fire broke out at the main venue of the ongoing United Nations COP30 Climate Summit in Brazil's Belem on Thursday, forcing thousands of people to run for safety.

Why steel tycoon Lakshmi Mittal is leaving UK

Why steel tycoon Lakshmi Mittal is leaving UK

Rediff.com23 Nov 2025

Indian-origin steel magnate Lakshmi N Mittal, until now based in Britain and a regular on the country's richest billionaires tally, has decided to quit the UK as the Labour Party-led government's feared tax shake-up for the super-rich nears, according to a UK media report on Sunday.

India's legacy liquor brands raise a toast to growth, reinvention

India's legacy liquor brands raise a toast to growth, reinvention

Rediff.com21 Sep 2025

By 10 am, Rakshit N Jagdale is already deep into the rhythm of the day, which promises to be a carousel of meetings, calls, and strategic decisions. As managing director of Amrut Distilleries, he balances ritual and ambition, tradition and transformation, like many other legacy players in India's alcoholic beverages sector who are staring at a rosy future.

Honour Killings Hit Six-Year Peak

Honour Killings Hit Six-Year Peak

Rediff.com23 Oct 2025

Jharkhand and Haryana together accounted for over 40 per cent of such cases.

'You Can't Be Madhuri Dixit Anywhere'

'You Can't Be Madhuri Dixit Anywhere'

Rediff.com3 Dec 2025

'One day my neighbour in Denver called me and said, "I think somebody is casing your house. So should I call the cops?"... they were scared that people case your house and then rob it.' 'And I said, "no, no, no. It's just that I am an actress".'

Russia's Rosneft in early talks with Reliance to sell stake in India unit

Russia's Rosneft in early talks with Reliance to sell stake in India unit

Rediff.com29 Jun 2025

Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil Corporation (IOC) to become India's No.1 oil refiner as well as give a meaningful presence in the fuel marketing space.

Hyundai to make India global export hub, 2nd largest market

Hyundai to make India global export hub, 2nd largest market

Rediff.com17 Oct 2025

Lining up its 2030 strategy, Hyundai said it was targeting up to 30 per cent export contribution and over 1.5-fold rise in revenue, to cross the 1 trillion milestone in five years.

'Pakistan May Get More Adventurous Towards India'

'Pakistan May Get More Adventurous Towards India'

Rediff.com4 Oct 2025

'What we need to watch is how Saudi Arabia's financial assistance will be used by Pakistan. If the funds go to build their military hardware and operations, it should worry us.'

Trump announces 100% tariffs on foreign-made movies, India to be hit

Trump announces 100% tariffs on foreign-made movies, India to be hit

Rediff.com29 Sep 2025

President Trump announces 100% tariffs on movies made outside the US, potentially impacting the Indian film industry. The move follows similar tariffs on pharmaceutical products.

India's energy sector battles taxes, global turmoil

India's energy sector battles taxes, global turmoil

Rediff.com13 Oct 2025

India's brittle energy security is inextricably linked to two opposing paradigms - fossil fuels, and the transition to green energy. The first powers the present; the second paves the way for Viksit Bharat in 2047.

Bihar Polls: Makhana Turns Into Political Hot Potato

Bihar Polls: Makhana Turns Into Political Hot Potato

Rediff.com10 Nov 2025

As it gains commercial viability, the food will likely become a powerful political currency.

Zodiac Signs Now Drive Luxury Home Buys

Zodiac Signs Now Drive Luxury Home Buys

Rediff.com5 Nov 2025

'Earlier, such beliefs were primarily observed among older buyers, but now we see younger buyers showing interest in aligning purchases with numerological or astrological significance.'

Bajaj Auto posts highest ever quarterly revenue and PAT

Bajaj Auto posts highest ever quarterly revenue and PAT

Rediff.com8 Nov 2025

Pune-based two-wheeler major Bajaj Auto posted its highest ever quarterly revenue and profit after tax (PAT) in Q2FY26. Even as consolidated revenues were up 18.8 per cent year-on-year (Y-o-Y) to Rs 15,734.7 crore, PAT zoomed 53.2 per cent to Rs 2,122 crore.