News for 'India Business Unit'

Drug lord wanted by FBI arrested in Ludhiana

Drug lord wanted by FBI arrested in Ludhiana

Rediff.com10 Mar 2025

Punjab police have arrested an Indian-origin transnational drug lord, wanted by the FBI in connection with one of the largest narcotics seizures in the US. Shehnaz Singh, also known as Shawn Bhinder, had been operating under the guise of a transportation business in Canada since 2014 and allegedly facilitated the movement of drugs from Colombia to the US and Canada via Mexico. Bhinder was arrested in Ludhiana, Punjab, after he had managed to give a slip to FBI sleuths and clandestinely landed in India. He was wanted by the FBI in connection with a seizure of 391 kg methamphetamine, 109 kg cocaine, four sophisticated weapons, and vehicles from six of his associates on February 26, 2025.

Centre notifies fact check unit a day before SC hearing

Centre notifies fact check unit a day before SC hearing

Rediff.com20 Mar 2024

The notification came days after the Bombay high court declined to restrain the Centre from notifying the unit. The petition was filed by stand-up comedian Kunal Kamra and the Editors Guild of India.

Trump picks China hawk, India's friend as NSA, Secy of State

Trump picks China hawk, India's friend as NSA, Secy of State

Rediff.com12 Nov 2024

By picking Rubio and Waltz as his top diplomat and NSA guarantees a continuation of bi-partisan support and further strengthening of India-US relationship under the second Trump administration.

Will money in hand from tax breaks spur housing demand?

Will money in hand from tax breaks spur housing demand?

Rediff.com21 Apr 2025

Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.

'US tariff issue is an overhanging sword'

'US tariff issue is an overhanging sword'

Rediff.com7 Mar 2025

Firodia talked about his plans for the EV-components business, and the components business at large for the group

EXPLAINED: Trump's reciprocal tariffs

EXPLAINED: Trump's reciprocal tariffs

Rediff.com3 Apr 2025

Here is a list of Q & As to explain these issues and implications of the US move.

Russian, US Envoys Meet ISRO Chairman

Russian, US Envoys Meet ISRO Chairman

Rediff.com12 Feb 2025

Ahead of Prime Minister Narendra D Modi's meeting United States President Donald J Trump, Russia's ambassador to India and the US charge d'affaires met Indian Space Research Organisation Chairman Dr V Narayanan.

Zetwerk Manufacturing plans IPO in 15-24 months, aims to raise $500 million

Zetwerk Manufacturing plans IPO in 15-24 months, aims to raise $500 million

Rediff.com17 Mar 2025

Zetwerk Manufacturing, a $3.1 billion company in the contract manufacturing space, is planning to come up with an initial public offering within the next 15-24 months, a top company executive said on Saturday. The Bengaluru-based company aims to raise at least $500 million, targeting a valuation of around $5 billion.

The India Story: 90% Work In Progress

The India Story: 90% Work In Progress

Rediff.com2 Jan 2025

From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.

India lists theatre commands, simpler defence procurement for 2025

India lists theatre commands, simpler defence procurement for 2025

Rediff.com1 Jan 2025

India has declared 2025 as the year of defence reforms, aiming to establish integrated theatre commands to enhance synergy among the three armed forces and transform the military into a technologically-advanced combat-ready force. The reforms will also focus on streamlining acquisition procedures, promoting collaboration, and leveraging emerging technologies like artificial intelligence and robotics.

IPL Boosts JioHotstar To 200M Subscribers

IPL Boosts JioHotstar To 200M Subscribers

Rediff.com14 Apr 2025

The subscriber count made JioHotstar one of the largest OTT platforms in the world.

Trump Order May Delay Adani Case

Trump Order May Delay Adani Case

Rediff.com12 Feb 2025

'While the current pause offers temporary reprieve and alleviates any immediate legal pressure, the long-term implications remain uncertain.'

Crypto: Assess Risks Before Investing

Crypto: Assess Risks Before Investing

Rediff.com19 Mar 2025

Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.

Waqf bill debate finale to Budget session ending with over 100% productivity

Waqf bill debate finale to Budget session ending with over 100% productivity

Rediff.com4 Apr 2025

Parliament's approval of the Waqf (Amendment) Bill, a contentious piece of legislation aimed at reforming Waqf bodies, has sparked strong reactions from the opposition, who allege that the bill was "bulldozed" through Parliament. The bill, considered the government's most consequential legislation in its third term, was passed with comfortable majorities in both the Lok Sabha and Rajya Sabha despite opposition claims of a lack of consultation and an intrusion into religious affairs. Other notable bills approved during the session included the Finance Bill, Appropriation Bill, Immigration and Foreigners Bill, and Tribhuvan Sahkari University Bill. The session, which saw high productivity, also witnessed debates on issues such as economic distress, delimitation, and the three-language policy. While the government touted its achievements, the opposition criticized the government's approach and vowed to challenge the Waqf bill in court.

Want A US Visa? Pray to Lord Hanuman!

Want A US Visa? Pray to Lord Hanuman!

Rediff.com20 Feb 2025

As the US gets tougher with visas, the prayers of US-bound devotees in India are getting more fervent, and their purse strings looser. Called Visa Hanuman temples (there are half a dozen all over India), some of them ask for a 'fee'.

QS Rankings: 9 Indian Unis Make It To The Top 50

QS Rankings: 9 Indian Unis Make It To The Top 50

Rediff.com13 Mar 2025

Nine Indian universities and institutions have secured a place among the world's top 50 in the QS subject-wise rankings, with the Indian School of Mines (ISM) Dhanbad claiming the highest position at 20th globally for Engineering-Mineral and Mining. Despite the success, some top institutions, including three IITs, two IIMs and JNU, have experienced a drop in their rankings. The QS World University Rankings by Subject, in its 15th edition, highlight India's growing higher education ecosystem in terms of both size and quality.

Stricter Steel Rules May Crush Small Manufacturers

Stricter Steel Rules May Crush Small Manufacturers

Rediff.com13 Mar 2025

Since India relies heavily on specialised imported fasteners for critical applications in industries, such as automobiles, aerospace, electronics, and defence, their sudden unavailability will jeopardise production.

Workers' strike still on at Samsung Chennai unit despite pay hike offer

Workers' strike still on at Samsung Chennai unit despite pay hike offer

Rediff.com9 Oct 2024

Workers' strike at Samsung Electronics plant at Sriperumbudur entered 30th day on Tuesday with no end in sight as Centre of Indian Trade Unions (CITU), the union leading the charge, claimed that its major demands are yet to be fulfilled. This is despite the company agreeing to pay a special incentive to the employees.

'Not Time To Panic. It's Time To Buy'

'Not Time To Panic. It's Time To Buy'

Rediff.com9 Apr 2025

'It won't be a V-shaped recovery. It'll be consolidation.' 'Investors might exit during that grind. It'll be painful.'

Reits climb the office ladder even as valuations keep rungs in place

Reits climb the office ladder even as valuations keep rungs in place

Rediff.com31 Mar 2025

Even as concerns grow over the residential real estate market reaching its peak, the outlook for office real estate remains strong, with listed real estate investment trusts (Reits) standing to benefit from sustained demand in the segment.

Elon Musk Wants You!

Elon Musk Wants You!

Rediff.com19 Feb 2025

The Tesla careers page reveals there are 14 staff vacancies, of which 13 are based in Mumbai.

'Engaging With The US Is Important'

'Engaging With The US Is Important'

Rediff.com10 Apr 2025

'But I don't think the government is in a great hurry to sign the BTA.'

Budget 2025: More Jobs Via Thriving Farms and MSME Growth

Budget 2025: More Jobs Via Thriving Farms and MSME Growth

Rediff.com4 Feb 2025

The most striking features of this Budget was its focus on simplification and improving the ease of doing business in India, asserts Kaku Nakhate.

'Zepto Is India's Fastest-Growing Internet Company'

'Zepto Is India's Fastest-Growing Internet Company'

Rediff.com2 Dec 2024

'Domestic investors are opening up to the idea of high-growth Internet companies as a pool of value creation.' 'They like the execution that they see with Zepto, and for us, that is the most important factor.'

India's First Dengue Vaccine Likely To Be Ready By 2026

India's First Dengue Vaccine Likely To Be Ready By 2026

Rediff.com30 Jul 2024

Dengue has become a major public health concern in India with 289,235 cases reported last year. This year there were 19,447 cases of dengue which resulted in 19 deaths till April 2024.

Tahawwur Rana lands in Delhi, NIA records arrest

Tahawwur Rana lands in Delhi, NIA records arrest

Rediff.com10 Apr 2025

Tahawwur Hussain Rana, a key accused in the 26/11 Mumbai terror attacks, was brought to India on Thursday after being "successfully extradited " from the US, the National Investigation Agency (NIA) said. The 64-year-old Canadian citizen of Pakistani origin landed in Delhi in a special plane on Thursday evening, ending days of speculation of when and how he will be extradited, officials said. The NIA said in a statement that it had secured the successful extradition after years of sustained and concerted efforts to bring to justice the key conspirator behind the 2008 mayhem that claimed 166 lives. Rana is accused of conspiring with David Coleman Headley alias Daood Gilani, and operatives of designated terrorist organisations Lashkar-e-Taiba (LeT) and Harkat-ul-Jihadi Islami (HUJI) along with other Pakistan-based co-conspirators, to carry out the the three-day terror siege of India's financial capital.

Nobody can argue with me: Trump on reciprocal tariff talks with Modi

Nobody can argue with me: Trump on reciprocal tariff talks with Modi

Rediff.com19 Feb 2025

'India has very strong tariffs on certain imports from the US. Like in the automobile sector, India charges 100 per cent'

Passenger vehicle sales crash 10% in Feb, 2Ws down 6%

Passenger vehicle sales crash 10% in Feb, 2Ws down 6%

Rediff.com21 Mar 2025

The meltdown in Dalal Street that wiped out investor wealth to the tune of 44 trillion in 2025 also seems to be having a ripple effect on the country's vibrant automobile retail sales.

Analysts bullish on Nykaa's outlook for beauty and personal care business

Analysts bullish on Nykaa's outlook for beauty and personal care business

Rediff.com26 Jun 2024

FSN E-Commerce Ventures (Nykaa) hosted its annual investor day recently. The responses were positive from analysts. Although some analysts pared FY25 and FY26 estimates, the bulk continued to issue 'buy' calls after the stock rose 2.5 per cent. The management expects the Beauty & Personal Care (BPC) business to grow at a 25 per cent compound annual growth rate (CAGR) during FY24-28.

FAQ: IT Dept Can Check E-mail, WhatsApp

FAQ: IT Dept Can Check E-mail, WhatsApp

Rediff.com6 Mar 2025

Here's what you must know about the new rule, its implications, and whether it affects taxpayers' rights and privacy.

2036 Olympics in India? PM Modi's major announcement

2036 Olympics in India? PM Modi's major announcement

Rediff.com23 Sep 2024

Addressing the Indian diaspora at Nassau Coliseum in New York, PM Modi said that people will witness the Summer Olympics taking place in India as well. Last year, PM Modi said that India will make efforts to host these big sporting events.

BYD's Sealion price reveal on Feb 17, rollout on March 7

BYD's Sealion price reveal on Feb 17, rollout on March 7

Rediff.com22 Jan 2025

Chinese electric carmaker BYD is focusing on launching vehicles in the Rs 25-45 lakh price range in India even as it continues to evaluate customer preferences and demand in more affordable segments, its Head of Electric Passenger Vehicles in India Rajeev Chauhan told Business Standard.

Under pressure India clash with Aussies in BGT opener

Under pressure India clash with Aussies in BGT opener

Rediff.com21 Nov 2024

India will be under tremendous pressure when they face an equally circumspect Australia in a battle of two out-of-form batting units in the opening Test of the Border-Gavaskar Trophy in Perth

'Carrefour looking to export from India in next 5 years'

'Carrefour looking to export from India in next 5 years'

Rediff.com12 Oct 2024

'All competitors are sourcing within the country, so we'll be at the same level of competition.'

Thoothukudi ahoy! Adani, Vedanta in race for port project

Thoothukudi ahoy! Adani, Vedanta in race for port project

Rediff.com23 Jan 2025

The project is critical as the region expects huge investments in the automotive, renewable energy, and space sectors.

India To Fast-Track Visas For Chinese Nationals

India To Fast-Track Visas For Chinese Nationals

Rediff.com8 Aug 2024

The new guidelines, effective from August 1, aim to expedite visa approvals for nationals from China and other countries sharing land borders with India.

Divorce And The Business World

Divorce And The Business World

Rediff.com6 Jan 2024

'Being financially independent is crucial.' 'This spares women a lot of grief if the marriage, especially in large business families, breaks down.'

'There is a slowdown in the economy'

'There is a slowdown in the economy'

Rediff.com7 Feb 2025

'I believe that the overall demand for commercial vehicles will improve, even though there is a slowdown in the GDP.'

'Tata, Mahindra Will Not Allow Tesla to Dominate'

'Tata, Mahindra Will Not Allow Tesla to Dominate'

Rediff.com28 Feb 2025

'Every Indian should move to an EV, and the government should not buy any fossil fuel cars. The government should become the first driver of EV adoption.'

'Elon Musk was fascinated about Kumbh Mela'

'Elon Musk was fascinated about Kumbh Mela'

Rediff.com18 Jan 2025

Musk said on Friday that he believes India-US ties are "trending positive" and that he favours an enhanced trade partnership between the two nations.