News for 'India Business Unit'

SUVs The Flavour While Small Cars Remain Out of Reach

SUVs The Flavour While Small Cars Remain Out of Reach

Rediff.com29 May 2025

The country's biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales.

Harvard is not Harvard...: Varsity sues Trump admin over foreign student ban

Harvard is not Harvard...: Varsity sues Trump admin over foreign student ban

Rediff.com23 May 2025

Harvard University has filed a lawsuit against the Trump administration over its decision to revoke the university's certification to enroll foreign students. The lawsuit claims that the government's action is unlawful and unwarranted and that Harvard is not Harvard without its international students. The university argues that the government's decision will have a devastating effect on Harvard and its thousands of international students. The lawsuit comes a day after the Trump administration ordered the Department of Homeland Security to terminate Harvard University's Student and Exchange Visitor Program (SEVP) certification.

USAID Funding To India Declines Amid Trump's Freeze

USAID Funding To India Declines Amid Trump's Freeze

Rediff.com13 Feb 2025

'If the Bill and Melinda Gates Foundation cuts funds, there could be more impact.'

Pak Airspace Shut: Indian Carriers Redraw Flight Paths

Pak Airspace Shut: Indian Carriers Redraw Flight Paths

Rediff.com25 Apr 2025

Executives from India's leading airlines are conducting internal meetings to devise alternative routes for their international flights that currently pass through Pakistani airspace.

Why I Rejected An Offer From Google

Why I Rejected An Offer From Google

Rediff.com10 Mar 2025

The journey of life will always come with its temptations; it is the ability to stick to your goal that will eventually lead you to success. A fascinating excerpt from Manish Vij's must-read book, Brick by Brick.

Why are we giving $21 million to India?: Trump on DOGE cut

Why are we giving $21 million to India?: Trump on DOGE cut

Rediff.com19 Feb 2025

Trump made these remarks after Elon Musk-led DOGE's (Department of Government Efficiency) disclosed that USAID contributed USD 21 million to Election Commission for boosting voter turnout.

Sun Pharma Q4 profit down 19% at Rs 2,149.8 cr, revenue up 8%

Sun Pharma Q4 profit down 19% at Rs 2,149.8 cr, revenue up 8%

Rediff.com23 May 2025

India's largest drug maker Sun Pharmaceutical on Thursday posted a decline of 19 per cent year-on-year (Y-o-Y) for its consolidated net profit for the fourth quarter of the financial year 2025 (Q4FY25) at Rs 2,149.8 crore. Meanwhile, its revenue from operations rose by 8 per cent at Rs 12,958.8 crore.

India hopes for temporary tariff waiver as US official comes calling

India hopes for temporary tariff waiver as US official comes calling

Rediff.com24 Mar 2025

India and the United States will finalize the contours, schedule of negotiations, and terms of reference for a proposed bilateral trade agreement (BTA) during a three-day meeting beginning Tuesday. The agreement is expected to be finalized in two tranches, with the first phase focusing on goods trade. The US team, led by Assistant US Trade Representative for South and Central Asia Brendan Lynch, will be in India from March 25-29 to discuss the agreement. Both countries are aiming to conclude the first phase of the agreement by fall 2025.

Trump vows tariffs on nations that 'harm' US; names India, China

Trump vows tariffs on nations that 'harm' US; names India, China

Rediff.com28 Jan 2025

Earlier, Trump has already talked about slapping "100 per cent tariffs" on the BRICS grouping, a bloc that includes India as well.

Why Do We Believe Israel, And Not Iran?

Why Do We Believe Israel, And Not Iran?

Rediff.com20 Jun 2025

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.

How Bank of India Plans To Counter Deposit Woes

How Bank of India Plans To Counter Deposit Woes

Rediff.com28 Nov 2024

A grooming branch network for servicing HNIs is a stepping stone for a full-fledged wealth management business.

Why 500,000 Indians Visited Vietnam

Why 500,000 Indians Visited Vietnam

Rediff.com3 Jul 2025

Stunning landscapes, natural beauty, clean beaches, cultural wealth, mouth-watering food, shopping options, safety for solo travellers, warm hospitality, easy visas, and connectivity make Vietnam a must-visit destination, discovers Ramesh Menon.

Aster DM Healthcare's sale of Gulf business faces flak

Aster DM Healthcare's sale of Gulf business faces flak

Rediff.com11 Jan 2024

Hospital chain Aster DM Healthcare's plans to sell its Gulf business may run into rough weather with voting advisory firm Institutional Investor Advisory Services (IiAS) raising concerns over the transaction. Recommending an 'against' vote on the resolution, IiAS has said there is no clarity on how Aster DM will utilise the proceeds that it will obtain by selling the unit, which contributes to bulk of its revenues. In November, Aster DM had announced its plans to sell its wholly-owned subsidiary Affinity Holdings, which conducts business in the Gulf Cooperation Council (GCC) region, to Alpha GCC for $1 billion.

'As He Was Taken To The Gallows, He Proclaimed 'Bharat Mata ki Jai'

'As He Was Taken To The Gallows, He Proclaimed 'Bharat Mata ki Jai'

Rediff.com12 Jun 2025

Standing near the noose, he recited a couplet in which he said he wished nothing but to sacrifice his life for the motherland. Utkarsh Mishra remembers Ram Prasad Bismil on the revolutionary leader's 128th birth anniversary.

What makes Hero Splendor India's top motorcycle for 6 years

What makes Hero Splendor India's top motorcycle for 6 years

Rediff.com22 Jan 2025

However, while Splendor's annual sales surged 31.7 per cent to 3.638 million units between 2019 and 2024, Hero's other models suffered sharp drops.

Wrong ITR Form Can Delay Tax Returns

Wrong ITR Form Can Delay Tax Returns

Rediff.com27 May 2025

The return filed could be treated as defective, invalid, or even be considered as not filed at all.

70% Of Fortune 500 Book Passage To India

70% Of Fortune 500 Book Passage To India

Rediff.com12 Sep 2024

'India has undeniably become the GCC capital of the world.'

Institutional investment in real estate jumps 31% to $1.3bn

Institutional investment in real estate jumps 31% to $1.3bn

Rediff.com5 Apr 2025

The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the first quarter of the financial year.

India Inc holds breath for Trump's new tariffs to kick in

India Inc holds breath for Trump's new tariffs to kick in

Rediff.com27 Feb 2025

Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports.

PC shipments in India up 3.8%; HP leads with 30% share

PC shipments in India up 3.8%; HP leads with 30% share

Rediff.com24 Feb 2025

Shipments of personal computers grew 3.8 per cent on a year-on-year basis to 14.4 million driven by demand for gaming and AI-powered PCs, market research firm IDC said on Monday. IDC India, South Asia and ANZ, associate vice president for devices research, Navkendar Singh said the weakening rupee can lead to an increase in device costs, which can impact the price-sensitive SMB (small and medium businesses) and consumer segments but despite all challenges, the India PC market is most likely to witness a low single-digit growth in 2025.

Rana helped Headley get Indian visa, claims Mumbai cop

Rana helped Headley get Indian visa, claims Mumbai cop

Rediff.com11 Apr 2025

Tahawwur Hussain Rana, a key accused in the 26/11 Mumbai terror attack case, had helped co-conspirator David Coleman Headley to obtain an Indian visa, a Mumbai police official familiar with the probe said. Rana was arrested by the National Investigation Agency (NIA) on Thursday evening following his extradition from the United States. Rana, who had served in the Pakistan Army medical corps, had emigrated to Canada in the late 1990s and started an immigration consultancy firm. He later moved to the US and set up an office in Chicago. Through his firm, Rana gave cover to Headley to carry out reconnaissance mission in Mumbai prior to the November 2008 attacks and helped him get a ten-year visa extension. During his stay in India, Headley used the front of running an immigration business and was in regular contact with Rana. There were more than 230 phone calls between the two during this period. Rana was also in touch with 'Major Iqbal', another co-conspirator of the attacks during this period, as per the NIA charge sheet. Rana himself visited India in November 2008. As per the charge sheet filed by Mumbai Police against Rana in 2023 in the 26/11 attack case, he lived in a hotel in Powai, and had a discussion about crowded places in South Mumbai with a person who has been listed as a witness in the case. Subsequently, some of these places were targeted by the Pakistani terrorists during the deadly attacks that claimed 166 lives.

Maruti's Feb PV sales rise marginally; Hyundai, Tata's decline

Maruti's Feb PV sales rise marginally; Hyundai, Tata's decline

Rediff.com1 Mar 2025

Leading passenger vehicle maker Maruti Suzuki on Saturday reported marginal growth while Hyundai and Tata Motors posted a decline in their sales in February as a slowdown in the market continued with demand remaining muted. On the other hand, Mahindra & Mahindra and Toyota Kirloskar Motor posted double-digit growth riding on their SUV and MPV models.

No-contest clause in Ratan Tata's will raises questions on legal validity

No-contest clause in Ratan Tata's will raises questions on legal validity

Rediff.com30 Apr 2025

The inclusion of a "no-contest" clause in Ratan Tata's will has caught the attention of India Inc, prompting a wave of interest among promoters of listed companies and business families. Legal advisors and estate planners are seeing a noticeable uptick in queries, as wealthy individuals look for ways to shield their legacies from courtroom battles.

Don't Want IT Notice? Read This NOW!

Don't Want IT Notice? Read This NOW!

Rediff.com10 Jun 2025

Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.

How Many Billionaires Does India Have?

How Many Billionaires Does India Have?

Rediff.com21 Dec 2024

The number of Indian billionaires has grown by 123 per cent in the 10-year period, reaching 185 in 2024. Their wealth has grown by 263 per cent to $905.6 billion.

Uncertainty resulting from Trump's tariffs will be short-lived: TCS CEO

Uncertainty resulting from Trump's tariffs will be short-lived: TCS CEO

Rediff.com13 Apr 2025

K Krithivasan -- the chief executive and managing director of TCS -- believes that the tariff moves-induced uncertainty impacting the sector will be "short-lived" and expects it to get resolved within "months".

IPL PIX: MI overpower Titans; set up Punjab Kings clash in Qualifier 2

IPL PIX: MI overpower Titans; set up Punjab Kings clash in Qualifier 2

Rediff.com31 May 2025

Mumbai Indians outlasted Gujarat Titans by 20 runs in a high-scoring IPL Eliminator despite a classy effort from Sai Sudharsan.

Go find another 'sucker': Trump's warning to India, China, Russia

Go find another 'sucker': Trump's warning to India, China, Russia

Rediff.com1 Dec 2024

United States President-elect Donald Trump on Saturday warned BRICS countries against any move to replace the US dollar and has sought a commitment from the nine-member group that includes India, Russia, China, and Brazil.

Has govt accepted US mediation on Kashmir, asks Cong

Has govt accepted US mediation on Kashmir, asks Cong

Rediff.com11 May 2025

The Congress on Sunday demanded answers from the government on whether it has accepted third-party mediation on Kashmir after the United States made announcements on behalf of India and Pakistan, and slammed attempts to 'internationalise' the issue and 'hyphenate' the two countries.

New Zealand head coach Stead quits white-ball roles

New Zealand head coach Stead quits white-ball roles

Rediff.com8 Apr 2025

New Zealand head coach Gary Stead will no longer coach the One-Day International and T20 teams but may re-apply for the Test role, he said on Tuesday.

Despite Sanctions, India's Russian Oil Imports Surge

Despite Sanctions, India's Russian Oil Imports Surge

Rediff.com1 Feb 2025

Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier.

Why Is US NSA Coming To India?

Why Is US NSA Coming To India?

Rediff.com4 Jan 2025

'The message that we intend to leave with at the end of this trip is one of real gratitude for the friendship and the close partnership that President Biden and Prime Minister Modi have enjoyed over the last four years, but also one of tremendous optimism because we see a lot of opportunity in the future.'

LIC Hits Back At USTR Bias Claim

LIC Hits Back At USTR Bias Claim

Rediff.com5 Apr 2025

LIC said USTR's views are based on an incomplete understanding of Indian insurance regulation and LIC's functioning.

RBI Forex Intervention Hits Highest In 17 Years

RBI Forex Intervention Hits Highest In 17 Years

Rediff.com23 May 2025

In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.

India Will Always Be Grateful To Osamu Suzuki

India Will Always Be Grateful To Osamu Suzuki

Rediff.com7 Jan 2025

'Without his vision and foresight, his willingness to take a risk that no one else was willing to take, his deep and abiding love for India, the Indian automobile industry could not have become the powerhouse that it has become.'

Torrent Group acquires 67% stake in Gujarat Titans

Torrent Group acquires 67% stake in Gujarat Titans

Rediff.com17 Mar 2025

Ahmedabad-based Torrent Group has completed the acquisition of a majority 67 percent stake in Indian Premier League (IPL) franchise Gujarat Titans.

682 Indians deported from US since January: Govt

682 Indians deported from US since January: Govt

Rediff.com4 Apr 2025

According to the minister, the government continues to be engaged with the US to promote mutually advantageous and secure mobility frameworks for streamlining the movement of students and professionals and facilitating short-term tourist and business travel.

AC prices likely to go up by 4-5% due to component shortages

AC prices likely to go up by 4-5% due to component shortages

Rediff.com18 Mar 2025

As temperatures shoot up this month signalling an early onset of summer, sales of air conditioners (AC) are set to increase, with companies expected to hike the prices of ACs by 4-5 per cent due to component shortages. Leading players like Haier and Bluestar and suppliers like EPack Durables have raised their production capacities to meet the 25-30 per cent rise in demand expected in the coming months.

US sanctions Indian national for shipping Iranian oil

US sanctions Indian national for shipping Iranian oil

Rediff.com11 Apr 2025

The US has sanctioned an Indian national based in the United Arab Emirates and two India-based entities for operating as part of Iran's shadow fleet and involved in shipping Iranian oil. The US Department of the Treasury said Jugwinder Singh Brar, who owns multiple shipping companies, operates as part of Iran's shadow fleet, which the US said is used to evade sanctions and transport Iranian oil. Brar also owns or controls India-based shipping company Global Tankers Private Limited and petrochemical sales company B and P Solutions Private Limited. The sanctions come as part of a US campaign of maximum pressure on Iran and target the country's petroleum and petrochemical sectors.

Cyber commando unit on home ministry's 100-day agenda

Cyber commando unit on home ministry's 100-day agenda

Rediff.com25 Jun 2024

These "cyber commandos" will be different from personnel at cyber police stations and will work with local administration to tackle cyber threats.