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.

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.

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.

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.

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.

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.

'I've No Desire To Be Prime Minister'

'I've No Desire To Be Prime Minister'

Rediff.com4 Jul 2025

'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'

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.'

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.

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.

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.

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.'

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.

'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.

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.

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.

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".

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.

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.

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.

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.

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.

MTR owner eyes IPO in 2025

MTR owner eyes IPO in 2025

Rediff.com23 Sep 2024

The Indian arm of the Norwegian investment company Orkla ASA, which owns spice brands like MTR and Eastern, is exploring the possibility of launching an initial public offering (IPO) in 2025, said a top company executive. "The ASA board just cleared the proposal. "We had done a pre-IPO study last year to understand what we need to do and based on that the board said, 'okay, let's go ahead and explore capital markets'," Sanjay Sharma, CEO, Orkla India, told Business Standard.

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.

'Virat Going To Leave India Very Soon'

'Virat Going To Leave India Very Soon'

Rediff.com20 Dec 2024

'Virat plans to move to London with his children and wife, Anushka Sharma.'

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.

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.

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.

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.

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.

TikTok has interfered in polls, including India: US senators

TikTok has interfered in polls, including India: US senators

Rediff.com16 Jan 2025

US senators have alleged that TikTok, owned by the Chinese Communist Party, has interfered in elections of various countries, including India, and called for extending the deadline for a ban on the platform in the US. They applauded India's ban on the social media platform, citing concerns about Chinese propaganda and data harvesting. Lawmakers, including Democrats and Republicans, introduced legislation to delay the ban by 270 days, arguing it would allow for a more thorough review of the implications and potential alternatives to a ban. They also criticized the rushed nature of the ban and its potential impact on free speech and the livelihoods of American users.

Will Trump 2.0 See More US Oil To India?

Will Trump 2.0 See More US Oil To India?

Rediff.com22 Jan 2025

'The US is strongly placed to expand its crude supplies to India.'

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.

Trump Has Become A Reset Button

Trump Has Become A Reset Button

Rediff.com11 Apr 2025

Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.

Can China Successfully Challenge The US?

Can China Successfully Challenge The US?

Rediff.com16 Apr 2025

If Beijing succeeds in this multipronged effort to challenge the current dominant power, it will have not just economic but political and security consequences. There is no let-up in the South China Sea nor any de-escalation moves on the India-China border. This portends to ominous signalling from Beijing, observes China expert Srikanth Kondapalli.

Starlink deal: What it actually means for Airtel, RIL

Starlink deal: What it actually means for Airtel, RIL

Rediff.com14 Mar 2025

India's biggest telecom players, Bharti Airtel and Reliance Industries-backed Jio Platforms, will soon bring billionaire Elon Musk-led SpaceX's Starlink satellite services to India. According to analysts, the move could boost India's tele density, especially in the rural areas, and may be an opportunity for investors to add the two stocks on dips for long-term gains

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.

'India is at the heart of what we are doing'

'India is at the heart of what we are doing'

Rediff.com20 Oct 2024

'For us, it's "keep moving and keep building a critical mass", which is commensurate with the size of the country.'

Tahawwur Rana's extradition will expose Pak state actors' role in 26/11

Tahawwur Rana's extradition will expose Pak state actors' role in 26/11

Rediff.com9 Apr 2025

Tahawwur Rana, accused of involvement in the 2008 Mumbai terror attacks, is expected to be extradited to India from the United States soon. The US Supreme Court denied his last-ditch effort to stop his extradition, moving him closer to being handed over to Indian authorities. Rana's extradition is expected to help probe agencies expose the role of Pakistani state actors behind the attacks and shed new light on the investigation. He is associated with Pakistani-American terrorist David Coleman Headley, one of the main conspirators of the 26/11 attacks.