News for 'India Business Unit'

Should You Go For FoF?

Should You Go For FoF?

Rediff.com10 Sep 2025

'First-time investors, busy professionals, NRIs and those with modest sums looking for curated strategies may find FoFs especially appealing.'

Wockhardt exits US generics biz, to focus on innovation

Wockhardt exits US generics biz, to focus on innovation

Rediff.com12 Jul 2025

Mumbai-based pharma major Wockhardt, which is gearing up to launch its promising antibiotic candidate Zaynich soon, on Friday announced a shift in its United States (US) operations. The Indian pharma giant revealed that it has decided to exit the generics pharmaceutical segment in the country.

'The door is always open for Chhetri'

'The door is always open for Chhetri'

Rediff.com17 Aug 2025

Newly appointed India head coach Khalid Jamil on Sunday cleared the air about the leaving out of talismanic striker Sunil Chhetri from the CAFA Nations Cup national camp, saying it was just a preparatory tournament for the crucial Asian Cup qualifying round matches in October.

US tariff shock puts MSMEs at risk

US tariff shock puts MSMEs at risk

Rediff.com9 Aug 2025

India's micro, small and medium enterprises (MSMEs) - which contribute over 45 per cent to outbound shipments - are facing a major disruption following the United States (US) decision to impose 50 per cent additional tariffs on the country's exports. MSME industry bodies have raised an alarm over the deep impact, seeking immediate government intervention.

'India is a land of opportunities'

'India is a land of opportunities'

Rediff.com13 May 2025

'We've maintained that India is a high-penetration game. It's not only a premiumisation game.'

Anil Agarwal to demerge 5 businesses of Vedanta, restructure zinc unit

Anil Agarwal to demerge 5 businesses of Vedanta, restructure zinc unit

Rediff.com29 Sep 2023

Mining magnate Anil Agarwal's conglomerate on Friday announced a major business shake-up, with flagship Vedanta Ltd approving a spin-off of its metals, power, aluminium and oil and gas businesses into separate listed entities and an overhaul of lucrative zinc unit planned as part of value creation and reducing debt load. Vedanta will issue one share of the five demerged businesses for every share held in the company, the firm said in a statement. The entire exercise, which would require shareholder and lender approval as well as a nod from the stock exchanges and courts, is expected to be completed in 12-15 months, its president for finance Ajay Agarwal said.

Is AI Wiping Out Entry Level Jobs?

Is AI Wiping Out Entry Level Jobs?

Rediff.com14 Aug 2025

Generative AI is transforming workplaces but at a cost -- there are fewer jobs for young workers just entering the workforce, reveals a Goldman Sachs report.

Why D-Street is positive on 2-wheeler stocks

Why D-Street is positive on 2-wheeler stocks

Rediff.com10 Sep 2025

Given the stronger rural activity, and potential goods and services tax (GST) impact, investors are bullish on the two-wheeler (2W) segment. In August, dealers in the domestic market picked up 11 per cent more 2Ws year-on-year (Y-o-Y), despite only 2 per cent growth in retail registrations. This indicates inventory stocking ahead of the festival season. Export trends were good. TVS Motor and Royal Enfield may have gained domestic market share.

India's BPO Industry Gets AI Makeover

India's BPO Industry Gets AI Makeover

Rediff.com29 May 2025

Call centres, once the engine room of India's BPO exports, are evolving too. Depending on the complexity, 30 to 50 per cent of voice and chat volumes are now handled by conversational AI.

Do Gold and Index ETFs Actually Deliver?

Do Gold and Index ETFs Actually Deliver?

Rediff.com23 Aug 2025

When we talk about Exchange-Traded Funds (ETFs), a few of their features that strike our mind are their low cost, easy-to-understand composition, and simple trading. While Index ETFs have always been popular among investors, Gold ETFs have garnered interest in recent years due to gold prices fluctuating near their all-time highs. But from a long-term investing context, do these ETFs really deliver?

Indians can now get UAE's Golden Visa at Rs 23 lakh

Indians can now get UAE's Golden Visa at Rs 23 lakh

Rediff.com7 Jul 2025

Until now, one of the ways to get Dubai's Golden Visa from India was to invest in property whose value should be at least AED Two Million (Rs 4.66 crore), or invest a large amount in business in the country.

EPS Shows BJP Who Is The Boss in Tamil Nadu

EPS Shows BJP Who Is The Boss in Tamil Nadu

Rediff.com9 Sep 2025

'The EPS camp feels assertiveness will help the AIADMK keep the BJP's seat-share ambitions to the minimum,' observes N Sathiya Moorthy.

Chronology of events leading to conclusion of India, UK FTA

Chronology of events leading to conclusion of India, UK FTA

Rediff.com7 May 2025

Prime Minister Narendra Modi and (the then) UK Prime Minister Boris Johnson launched an 'Enhanced Trade Partnership' (ETP) to unleash the trade potential between the two economies. As part of the ETP, they agreed on a roadmap to negotiate a comprehensive and balanced FTA.

'Let Your Actions And Achievements Prove Your Value'

'Let Your Actions And Achievements Prove Your Value'

Rediff.com29 Jul 2025

Bollywood actor Vivek Oberoi has shared details about his journey from film stardom to becoming a successful global entrepreneur. In an article for Rolling Stone, which he also posted on social media platform X (formerly Twitter), Oberoi explained how stepping away from fame helped him focus, grow, and build a lasting legacy.

Has India offered to drop all tariffs on American goods?

Has India offered to drop all tariffs on American goods?

Rediff.com15 May 2025

US President Donald Trump on Thursday claimed that India has offered to drop all tariffs on American goods. Speaking at a business roundtable in Doha, Trump also said he had a "little problem" with Tim Cook, and he told the Apple CEO that he does not want him to build iPhones in India.

Air India crash: Focus shifts to decoding black box

Air India crash: Focus shifts to decoding black box

Rediff.com19 Jun 2025

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.

Big Tech May Miss Out on IndiaAI Mission Support

Big Tech May Miss Out on IndiaAI Mission Support

Rediff.com12 Jun 2025

'Taxpayers' money cannot be given to these companies which can access the market and buy GPUs at a competitive price from any vendor.'

'Trump Will Unite America Provided...'

'Trump Will Unite America Provided...'

Rediff.com22 Jan 2025

'...he keeps his campaign promises, does what he said he will do which led to his huge victory.'

'Trump Is Frustrated'

'Trump Is Frustrated'

Rediff.com4 Aug 2025

'What India has done will surely embolden more countries to stand up to Trump.'

With ML and AI, IBM shows the fight is not over for mainframes

With ML and AI, IBM shows the fight is not over for mainframes

Rediff.com17 Apr 2025

This innovation has made mainframes the fastest-growing segment within IBM's Infrastructure business, demonstrating that even legacy technologies can continue to deliver value.

India rubbing US wrong way by buying Russian arms: Lutnick

India rubbing US wrong way by buying Russian arms: Lutnick

Rediff.com3 Jun 2025

"For instance, you generally buy your military gear from Russia. That's a way to kind of get under the skin of America, if you go to buy your armaments from Russia."

Dubai Crown Prince to visit India on April 8-9

Dubai Crown Prince to visit India on April 8-9

Rediff.com7 Apr 2025

The Crown Prince of Dubai, Sheikh Hamdan bin Mohammed Al Maktoum, will visit India on April 8-9, during which he will meet Prime Minister Narendra Modi, hold talks with External Affairs Minister S Jaishankar and Defence Minister Rajnath Singh, and participate in a business roundtable seeking to bolster India-United Arab Emirates ties.

'If We Want India To Be A Source Of New Ideas...'

'If We Want India To Be A Source Of New Ideas...'

Rediff.com23 Jun 2025

'Despite being a software powerhouse, we're not producing proportionate original IP, frameworks, or global tech products originating in India.'

Arjun, Praggnanandhaa disappoint in Freestyle Chess

Arjun, Praggnanandhaa disappoint in Freestyle Chess

Rediff.com21 Jul 2025

Arjun Erigaisi and R Praggnanandhaa finished in sixth and seventh position respectively, even as Grandmaster Levon Aronian of the United States reigned supreme in the Freestyle Chess Grand Slam.

Amazon India ends referral fees on 12 million products

Amazon India ends referral fees on 12 million products

Rediff.com31 Mar 2025

In its highest ever reduction in seller fees, ecommerce giant Amazon India has introduced zero referral charges on over 12 million products on its platform that are priced below Rs 300. The move is aimed at boosting seller growth on Amazon.in and supporting hundreds of thousands small businesses across the country.

Guess how much salary Anant Ambani will draw as executive director of RIL

Guess how much salary Anant Ambani will draw as executive director of RIL

Rediff.com30 Jun 2025

Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed executive director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed executive director of Reliance Industries Ltd.

Expect India-US trade deal in not-too-distant future: US Commerce Secretary Howard Lutnick

Expect India-US trade deal in not-too-distant future: US Commerce Secretary Howard Lutnick

Rediff.com3 Jun 2025

Secretary of Commerce Howard Lutnick has said one should expect a trade deal between India and the US in the "not-too-distant future" as the two countries have found a place that works for them. "So the idea is when they put the right person and India put the right person on the other side of the table, and we've managed, I think, to be in a very, very good place," Lutnick said in his keynote address at the eighth edition of the US-India Strategic Partnership Forum (USISPF) Leadership Summit in Washington on Monday.

IPOs That Burned Investor Wealth

IPOs That Burned Investor Wealth

Rediff.com2 Aug 2025

Many high-profile IPOs in India since 2021 have destroyed investor wealth due to overvaluation, weak business models, and post-listing disinterest, turning 1 lakh investments into as little as 3,500.

'You Don't Know If The Rebellion Will Be Successful'

'You Don't Know If The Rebellion Will Be Successful'

Rediff.com17 Sep 2025

'It is daunting, for sure, because you're rowing upstream.'

The Leverage Trump's US Has On Xi's China Has Shrunk

The Leverage Trump's US Has On Xi's China Has Shrunk

Rediff.com31 Jul 2025

The stock and bond markets told Trump firmly that any idea of isolating China would lead to harming the US economy and this forced Trump to backtrack, points out Aakar Patel.

Automobile retail sales up 5% in June; PVs, two-wheelers see growth

Automobile retail sales up 5% in June; PVs, two-wheelers see growth

Rediff.com7 Jul 2025

Automobile retail sales in India rose around 5 per cent year-on-year in June with all vehicle segments, including passenger vehicles and two-wheelers, witnessing growth, Federation of Automotive Dealers Associations (FADA) said on Monday.

'India Is Where The Action Is'

'India Is Where The Action Is'

Rediff.com20 May 2025

'Pakistan is no longer a front-burner issue for America.'

Adani Group to invest $5-20 bn over next 5 years

Adani Group to invest $5-20 bn over next 5 years

Rediff.com24 Jun 2025

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.

Modi, Shah call on President Murmu, reasons unknown

Modi, Shah call on President Murmu, reasons unknown

Rediff.com3 Aug 2025

Prime Minister Narendra Modi and Union Home Minister Amit Shah on Sunday called on President Droupadi Murmu separately within hours at the Rashtrapati Bhavan in New Delhi.

Rana facilitated 26/11 recce, ran fake Mumbai office for Headley: NIA

Rana facilitated 26/11 recce, ran fake Mumbai office for Headley: NIA

Rediff.com23 Jul 2025

According to the chargesheet, Rana played a crucial role in supporting terrorist David Coleman Headley, a Pakistani-American operative linked to Lashkar-e-Taiba, by facilitating his reconnaissance missions across Mumbai.

Kinetic, Lamborghini Bet Big on Electric Lifestyle Carts

Kinetic, Lamborghini Bet Big on Electric Lifestyle Carts

Rediff.com18 Jul 2025

JV to export e-carts, aim for 10% global market share, $1 bn turnover and innovation in driverless tech.

India's GDP growth revised downward to 6.3% for 2025

India's GDP growth revised downward to 6.3% for 2025

Rediff.com17 May 2025

India's economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by resilient consumption and government spending, the United Nations has said.

Mid-Income Homebuyers Return as Banks Slash Loan Rates

Mid-Income Homebuyers Return as Banks Slash Loan Rates

Rediff.com29 Jul 2025

Home purchase affordability has improved in the first half of calendar year (CY) 2025, after the RBI reduced the repo rate by 100 basis points (bps), according to real estate consultancy Knight Frank India.

Why Is The US So Fond Of Asim Munir?

Why Is The US So Fond Of Asim Munir?

Rediff.com12 Aug 2025

Sections in the US State Department and Pentagon have always felt more comfortable dealing with all powerful Pakistani generals instead of elected civilians, points out Rana Banerji, who headed the Pakistan desk at RA&W.

Savings on stamp duty draw HFTs to GIFT City

Savings on stamp duty draw HFTs to GIFT City

Rediff.com12 Jun 2025

Although most high-frequency traders (HFTs) prefer to set up shop close to stock exchanges to enjoy better latency, a few are willing to sacrifice proximity to save a few bucks. Two HFTs have already established their offices at the GIFT City (Gujarat International Finance Tec-City) IFSC while many more are likely to follow suit.