News for 'India Business Unit'

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.

Lok Sabha to take up Waqf bill today; BJP, allies issue whip

Lok Sabha to take up Waqf bill today; BJP, allies issue whip

Rediff.com2 Apr 2025

The Lok Sabha, India's lower house of Parliament, will debate the contentious Waqf (Amendment) Bill on Wednesday. The bill has been met with strong opposition from several parties who claim it is unconstitutional. The government, however, insists the bill aims to improve the management of Waqf properties in India by bringing transparency and efficiency.

Housing sales hit 11-year high at 1.73 lakh units: Knight Frank

Housing sales hit 11-year high at 1.73 lakh units: Knight Frank

Rediff.com4 Jul 2024

Indian real estate market remained buoyant in January-June this year, with housing sales hitting an 11-year high at 1.73 lakh units and office demand at a record 34.7 million square feet across eight major cities, according to Knight Frank. On an annual basis, housing sales rose 11 per cent to 173,241 units while leasing of office space grew 33 per cent to 34.7 million square feet during January-June this year across eight major cities. Shishir Baijal, chairman and managing director, Knight Frank India, said, "India's real estate market has been buoyant in the last few quarters owing to the strong economic fundamentals and stable socio-political conditions."

Realty sector turns cautious as equity market tumbles

Realty sector turns cautious as equity market tumbles

Rediff.com14 Apr 2025

'In the past six months, capital markets have seen a dip, and realty is struggling. The stock-market investor will be cautious of putting that investment in real estate when there may be a slowdown coming.'

'Chilling effect': HC quashes govt's fact checking unit order

'Chilling effect': HC quashes govt's fact checking unit order

Rediff.com20 Sep 2024

The Bombay high court on Friday quashed the amended Information Technology rules aimed at identifying through a fact checking unit "fake and false" content against the government on social media platforms, holding it as unconstitutional.

RIL to pump Rs 1.5 trn into petro, new energy

RIL to pump Rs 1.5 trn into petro, new energy

Rediff.com28 Apr 2025

Mukesh Ambani-led Reliance Industries Ltd (RIL) plans to invest Rs 75,000 crore ($9 billion) each into its new energy business and petrochemical expansion, according to a company presentation. In its FY25 result statement, Ambani said the company has laid a strong foundation for its projects in renewable energy and battery operations. "In the coming quarters, we will see the transition of this business from incubation to operationalisation.

We believe in 'vasudhaiva kutumbakam', yet divided with kin: SC

We believe in 'vasudhaiva kutumbakam', yet divided with kin: SC

Rediff.com28 Mar 2025

The Supreme Court of India has expressed concern over the erosion of the family institution, stating that people in India, while valuing the concept of 'vasudhaiva kutumbakam' (the world is one family), are failing to maintain unity even within their immediate families. This observation came in a case involving a dispute between a mother and her eldest son over property and family relations.

'TN should compete with US, China, and not Indian states'

'TN should compete with US, China, and not Indian states'

Rediff.com26 Mar 2025

'We don't have to compete with Maharashtra or Gujarat. We have to now start thinking about how we compete with the United States or China.'

Archie and friends celebrate Holi in new comic book

Archie and friends celebrate Holi in new comic book

Rediff.com14 Mar 2025

Archie Comics has released a new story featuring the celebration of Holi in India. The 10-page story, titled "Celebration Surprise," appears in "The World of Betty & Veronica digest #38." Co-CEO of Archie Comic Publications Nancy Silberkleit said the story was inspired by her own experiences celebrating Holi in India and her desire to celebrate Om Arora, the owner of Delhi-based Variety Book Depot, who has been a long-time distributor of Archie Comics in India.

'State Banks Must Take Affordable Housing Seriously'

'State Banks Must Take Affordable Housing Seriously'

Rediff.com25 Apr 2025

'Unless banks focus on the Rs 10-15 lakh loan segment, growing affordable housing will remain a challenge.'

Afghanistan confident but not cocky before England showdown

Afghanistan confident but not cocky before England showdown

Rediff.com25 Feb 2025

Despite the big loss, Shahidi said he had full faith in his batters to take the team towards the business end of the tournament.

Operation Sindoor: 'Escalation Can't Be Ruled Out'

Operation Sindoor: 'Escalation Can't Be Ruled Out'

Rediff.com7 May 2025

'It could take the form of sporadic LoC violation through heavy artillery and mortar fire, focusing on border villages where the Hindu Dogra population is predominant.'

Audi shrugs off last year, plans to step on the gas

Audi shrugs off last year, plans to step on the gas

Rediff.com21 Feb 2025

Audi plans to focus the Indian market, including deepening market penetration and increasing sales volume.

Trump Launches Trade War

Trump Launches Trade War

Rediff.com3 Apr 2025

United States President Donald Trump has imposed a 10% tariff on most US imports, with even higher rates for China (34%), India (26%), Japan (24%) and the EU (20%), escalating a global trade war.

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Rediff.com3 Feb 2025

The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.

How Trump's Ego Threatens US Educational Universe

How Trump's Ego Threatens US Educational Universe

Rediff.com28 May 2025

Donald Trump is catering to the basest fears and prejudice of unenlightened Americans -- yes, there are those too, in sizeable enough numbers to elect one of their own as president. That would most certainly not Make America Great Again, asserts Shreekant Sambrani.

India@Oscars: 'We Are Choosing The Wrong Films'

India@Oscars: 'We Are Choosing The Wrong Films'

Rediff.com18 Dec 2024

'Unfortunately, we live in a 'Mainstream Bollywood' bubble, where we cannot look beyond films that we ourselves find entertaining.'

Ola Electric is accelerating profitability drive

Ola Electric is accelerating profitability drive

Rediff.com27 Feb 2025

Ola Electric has eliminated its regional warehouses across India, and will now leverage its 4,000 retail stores nationwide for maintaining vehicle inventory, spare parts, accessories, and last-mile deliveries. The strategic move is expected to boost EBITDA margins by almost 10 percentage points, besides improving inventory management and faster customer deliveries, sources directly familiar with the matter said.

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.

Govt Ready For Advanced Jet-Engine Deal

Govt Ready For Advanced Jet-Engine Deal

Rediff.com19 Mar 2025

It involves India spending an estimated Rs 40,000 crores to Rs 50,000 crores and will take 10 to 15 years to develop.

Foreign secretary unveils key topics for Modi-Trump talks

Foreign secretary unveils key topics for Modi-Trump talks

Rediff.com12 Feb 2025

Prime Minister Narendra Modi will visit the US for a two-day working visit starting Wednesday. He will meet with President Donald Trump and engage in bilateral discussions on trade, investment, technology, defense cooperation, counterterrorism, Indo-Pacific security, and people-to-people relations. The visit is expected to further strengthen the India-US partnership.

FTA talks may figure in Sitharaman's London meetings

FTA talks may figure in Sitharaman's London meetings

Rediff.com31 Mar 2025

Issues related to the proposed free trade agreement (FTA) and bilateral investment treaty between India and the UK are expected to figure during the three-day visit of Finance Minister Nirmala Sitharaman to London from April 8-10, official sources said. The minister will attend a host of meetings, including the India-United Kingdom Economic and Financial Dialogue, in London.

From Tesla to Mercedes, luxury carmakers head South

From Tesla to Mercedes, luxury carmakers head South

Rediff.com11 Mar 2025

In 2024 alone, South India saw the highest rise in sales in the luxury segment, with Tamil Nadu reportedly registering a 19.3 per cent increase in premium car registrations from 2022-23

NIA to question Rana about planning of 26/11 attacks

NIA to question Rana about planning of 26/11 attacks

Rediff.com11 Apr 2025

Tahawwur Hussain Rana, the mastermind behind the 2008 Mumbai terror attacks, has been taken into 18-day custody by the National Investigation Agency (NIA) in India. Rana was extradited from the United States after years of legal battles and will be questioned to unravel the complete conspiracy behind the attacks.

Beleaguered Gensol's independent director quits

Beleaguered Gensol's independent director quits

Rediff.com17 Apr 2025

Gensol Engineering, the beleaguered firm that came under market regulator Sebi's lens for fund diversions and governance lapses, said that its independent director Arun Menon has resigned with immediate effect.

Will Miss World Raise Telangana's Profile?

Will Miss World Raise Telangana's Profile?

Rediff.com8 Apr 2025

Many states are realising that hosting mega events puts the spotlight on them and raises their profile.

PV Sales Face Bleak Outlook in 2024-25

PV Sales Face Bleak Outlook in 2024-25

Rediff.com20 Mar 2025

Major Indian carmakers are preparing for sluggish domestic PV sales growth of just 1-2 per cent in FY26.

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.

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.

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.

Sun Pharma stock up 2.15% as US court clears alopecia drug launch

Sun Pharma stock up 2.15% as US court clears alopecia drug launch

Rediff.com12 Apr 2025

Sun Pharmaceutical Industries stock ended 2.15 per cent higher on Friday after zooming by almost 5 per cent in the morning trade on the back of an announcement that a court ruling has cleared the deck for the India's largest pharmaceutical company to launch its alopecia drug Leqselvi in the United States.

RBI's draft circular seeks to standardise gold loan regulations

RBI's draft circular seeks to standardise gold loan regulations

Rediff.com10 Apr 2025

The Reserve Bank of India (RBI) on Wednesday came out with comprehensive draft guidelines to harmonise and regulate gold loans across all financial entities, including putting a cap of 75 per cent on loan-to-value (LTV) ratio. The draft guidelines also aim to address concerns related to certain lending practices, provide clarity on specific aspects, and strengthen the conduct-related standards in the sector.

Brexit: What India's business leaders have to say

Brexit: What India's business leaders have to say

Rediff.com24 Jun 2016

What will be the impact on the Euro itself? Will it devalue and to what extent?

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.

Sony, BBC in alliance for India business

Sony, BBC in alliance for India business

Rediff.com10 Aug 2012

BBC to join OneAlliance platform, to outsource sales to MSM.

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.

'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

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.'