News for 'India MD'

Indian Banks Must Modernise Tech, Build AI Defences: Barclays India CEO

Indian Banks Must Modernise Tech, Build AI Defences: Barclays India CEO

Rediff.com11 May 2026

Barclays Global Service Centre India MD & CEO Praveen Kumar has urged Indian banks to modernise their technology architecture and build AI-based defence systems to counter emerging cyber threats posed by AI tools.

Bihar man arrested for links to Pakistan arms smuggler

Bihar man arrested for links to Pakistan arms smuggler

Rediff.com5 hours ago

Bihar Police's Anti-Terrorist Squad (ATS) has arrested a Muzaffarpur resident for his alleged links with Pakistan-based arms smuggler Shahzad Bhatti's gang, seizing digital evidence indicating anti-India activities.

Air India defers increments, asks staff to cut costs

Air India defers increments, asks staff to cut costs

Rediff.com9 May 2026

Air India has deferred annual salary increments for its staff by at least one quarter and urged a "relentless focus on costs" due to external headwinds like the closure of Pakistan airspace, West Asia conflict, rupee depreciation, and a significant surge in aviation turbine fuel prices, though the airline has assured there will be no layoffs.

India U-17 Squad Named For AFC Asian Cup

India U-17 Squad Named For AFC Asian Cup

Rediff.com1 May 2026

Bibiano Fernandes has announced the 23-member Indian squad for the AFC U-17 Asian Cup, set to begin in Jeddah, Saudi Arabia, on May 5. The team is currently in Doha for friendly matches before heading to Jeddah.

Bangladesh police hand over Indian official's body to high commission

Bangladesh police hand over Indian official's body to high commission

Rediff.com2 days ago

The body of Naren Dhar, an Indian Assistant High Commission Protocol Officer, was handed over to the Indian High Commission after his death in Chattogram, Bangladesh. Local authorities suspect no foul play, and a postmortem examination has been completed to determine the cause of death.

Public Sector Banks Face Boardroom Vacancies

Public Sector Banks Face Boardroom Vacancies

Rediff.com6 May 2026

In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board

India U20s Crush Bhutan to Reach SAFF Championship Final

India U20s Crush Bhutan to Reach SAFF Championship Final

Rediff.com2 Apr 2026

India's U20 team secured a spot in the SAFF Championship final after a decisive 5-0 victory over Bhutan, with Rohen Chaphamayum scoring twice.

Volkswagen bets big on India, targets 5% market share

Volkswagen bets big on India, targets 5% market share

Rediff.com21 Apr 2026

koda Auto Volkswagen India aims to capture a 5 per cent share of India's passenger vehicle market by 2030, driven by new product launches, including alternate fuel vehicles, and a potential entry into the high-volume sub-4 metre SUV segment.

Credit card adoption rises in Tier-II, -III cities

Credit card adoption rises in Tier-II, -III cities

Rediff.com2 days ago

Credit card adoption is rapidly expanding beyond India's major metropolitan areas into Tier-II and Tier-III cities, driven by increasing incomes, digital awareness, and the integration of RuPay credit cards with UPI, according to a new report by SBI Card.

DME Blending: A Path To Reducing India's LPG Dependence

DME Blending: A Path To Reducing India's LPG Dependence

Rediff.com19 Apr 2026

A new report suggests that blending 20 per cent dimethyl ether (DME) with LPG could significantly reduce India's LPG imports, leading to substantial savings in foreign exchange.

Anant Ambani steps in to save 80 hippos from Colombia cull, offers India home

Anant Ambani steps in to save 80 hippos from Colombia cull, offers India home

Rediff.com28 Apr 2026

Anant Mukesh Ambani has appealed to Colombia to suspend a plan to cull 80 hippopotamuses and instead allow their relocation to his wildlife facility in India, offering to fund and execute the operation.

Shashank Jain to Take Over as Brookfield India REIT CEO

Shashank Jain to Take Over as Brookfield India REIT CEO

Rediff.com31 Mar 2026

Brookfield India Real Estate Trust has appointed Shashank Jain as the Chief Executive Officer (CEO) and Managing Director of the firm managing the REIT, effective July 1.

How Air India Is Modernising Its Long-Haul Fleet

How Air India Is Modernising Its Long-Haul Fleet

Rediff.com19 Apr 2026

Air India is upgrading its fleet of Boeing 787-8 aircraft, crucial for its long-haul operations, with retrofitting expected to be completed by early 2028. The airline has already received its first retrofitted plane, featuring a three-class configuration.

India U20 secure SAFF Championship semi-final spot after draw with Bangladesh

India U20 secure SAFF Championship semi-final spot after draw with Bangladesh

Rediff.com28 Mar 2026

The Indian U20 men's team played out a 1-1 draw against Bangladesh in their second match of the SAFF U20 Championship 2026, securing their place as Group B toppers and advancing to the semi-finals.

India U-17 to Face UAE in Thailand Friendlies Ahead of Asian Cup

India U-17 to Face UAE in Thailand Friendlies Ahead of Asian Cup

Rediff.com15 Apr 2026

The India U-17 football team will play two friendly matches against the United Arab Emirates U-17 side in Thailand this month as part of their preparations for the AFC U-17 Asian Cup Saudi Arabia 2026.

Why Indian Banks Are Boosting IT Security Investments

Why Indian Banks Are Boosting IT Security Investments

Rediff.com3 May 2026

Public sector banks in India are increasing their IT spending to bolster cybersecurity measures in response to concerns about Anthropic's Claude Mythos AI tool and its potential to exploit vulnerabilities in financial systems.

NPCI Bhim Aims To Double Market Share

NPCI Bhim Aims To Double Market Share

Rediff.com2 days ago

NPCI BHIM Services Ltd is expanding the BHIM app to feature phones to increase financial inclusion and diversify revenue through financial product distribution. The app aims to double its market share and is focusing on partnerships with banks and new features like UPI Circle.

Nestle India shares jump over 7% as Q4 FY26 net profit rises 27.18%

Nestle India shares jump over 7% as Q4 FY26 net profit rises 27.18%

Rediff.com21 Apr 2026

FMCG major Nestle India reported a significant 27.18 per cent increase in consolidated net profit for the March quarter of FY26, reaching Rs 1,110.9 crore, driven by record domestic sales and a substantial boost in advertising investments, leading to a more than 7 per cent surge in its share price.

Delhi Metro Partners With Airtel Bank For NCMC Cards

Delhi Metro Partners With Airtel Bank For NCMC Cards

Rediff.com10 May 2026

The Delhi Metro Rail Corporation has partnered with Airtel Payments Bank to launch co-branded RuPay National Common Mobility Cards (NCMC), enabling seamless payments across various transit networks nationwide.

Tata Steel's Q4 Net Profit Jumps 125% on Higher Volumes, Cost Cuts

Tata Steel's Q4 Net Profit Jumps 125% on Higher Volumes, Cost Cuts

Rediff.com6 days ago

Tata Steel reported a significant 124.9 per cent year-on-year increase in consolidated net profit to 2,925.74 crore for the fourth quarter of FY26, driven by higher volumes and an improved product mix in India, alongside planned cost reductions across its global operations.

Despite global risks, top Indian carmakers bullish on FY27 domestic demand

Despite global risks, top Indian carmakers bullish on FY27 domestic demand

Rediff.com4 days ago

India's leading passenger vehicle manufacturers are significantly increasing investments and factory capacities, alongside planning major product launches for FY27, driven by strong confidence in sustained domestic demand growth despite global geopolitical tensions and supply chain risks.

Hybrid Mutual Funds Attract Rs 1.55 Lakh Crore in FY26 as Investors Seek Diversified Strategies

Hybrid Mutual Funds Attract Rs 1.55 Lakh Crore in FY26 as Investors Seek Diversified Strategies

Rediff.com5 days ago

Hybrid mutual fund schemes attracted significant inflows of Rs 1.55 lakh crore in FY26, a 29 per cent increase, as investors increasingly opted for diversified investment strategies to navigate volatile market conditions and geopolitical tensions.

Left parties face existential crisis after Kerala drubbing

Left parties face existential crisis after Kerala drubbing

Rediff.com5 May 2026

The Left Democratic Front's defeat in Kerala marks a historic moment as Left parties are without power in any state for the first time in decades, highlighting their diminishing political influence across India.

AI puts India's office market back to work

AI puts India's office market back to work

Rediff.com16 Mar 2026

Artificial intelligence (AI) is emerging as a potential new demand driver for India's office market, with AI-focused technology (tech) firms actively leasing new office space and established information technology (IT) companies expanding their footprint as they ramp up investments in AI.

Air India CEO Campbell Wilson Steps Down; Successor Search Begins

Air India CEO Campbell Wilson Steps Down; Successor Search Begins

Rediff.com7 Apr 2026

Air India CEO and MD Campbell Wilson has resigned after four years at the helm, prompting the airline to form a committee to find his replacement. Wilson's tenure saw significant changes, including the merger of airlines and fleet expansion, but also faced challenges such as the London-bound flight crash and safety concerns.

Increasing the number of policy sales will be a key focus area for SBI Life

Increasing the number of policy sales will be a key focus area for SBI Life

Rediff.com6 May 2026

"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.

Reality check gets India on investors' realty list

Reality check gets India on investors' realty list

Rediff.com23 Mar 2026

Escalating geopolitical tensions in West Asia are prompting investors with exposure to Dubai's real estate market to reassess their portfolios. And, in this rejig, India is emerging as a stable destination for capital investment and long-term growth.

Indian Carmakers Kick Off FY27 with Robust 27% Sales Surge in April

Indian Carmakers Kick Off FY27 with Robust 27% Sales Surge in April

Rediff.com1 May 2026

Indian carmakers experienced a robust start to the new fiscal year, with an estimated 4.5 lakh passenger vehicles sold in April, marking a 27 per cent increase year-on-year, attributed to factors like GST 2.0, repo rate cuts, and income tax benefits.

HDFC Life profit rose 4% in Q4; parent bank to invest Rs 1,000 crore

HDFC Life profit rose 4% in Q4; parent bank to invest Rs 1,000 crore

Rediff.com17 Apr 2026

HDFC Life Insurance reported a 4 per cent year-on-year increase in net profit to Rs 495.6 crore for Q4FY26, while its parent, HDFC Bank, announced a Rs 1,000 crore preferential share issuance to raise its stake to 50.5 per cent.

Why Tata Trusts Board Meeting Was Cancelled

Why Tata Trusts Board Meeting Was Cancelled

Rediff.com9 May 2026

A crucial Tata Trusts board meeting was unexpectedly postponed, highlighting internal conflicts over veto power, Tata Sons listing, and trustee eligibility, raising concerns about the stability of the $180 billion conglomerate.

Drug Smuggler Gets 15 Years In Jail

Drug Smuggler Gets 15 Years In Jail

Rediff.com20 Apr 2026

A special court in Ahmedabad sentenced a man to 15 years rigorous imprisonment and imposed a fine of Rs 2 lakh for drug trafficking. Sajid Miya Malek was arrested for smuggling mephedrone from Mumbai to Ahmedabad in 2022.

Mercedes says demand stays strong despite supply disruptions

Mercedes says demand stays strong despite supply disruptions

Rediff.com28 Apr 2026

Despite the ongoing West Asia conflict causing global trade route disruptions, Mercedes-Benz India reports resilient customer demand, particularly for its new electric CLA sedan, though it faces challenges with component supply delays and escalating shipping costs.

Passenger Vehicle Sales Surge to Record High in India, Driven by GST 2.0

Passenger Vehicle Sales Surge to Record High in India, Driven by GST 2.0

Rediff.com1 Apr 2026

Passenger vehicle sales in India reached a record high of 4.7 million units in FY26, boosted by strong performances from major automakers and the implementation of GST 2.0.

CPI-M's Md Salim becomes 'Awasthi' in Bengal voter list

CPI-M's Md Salim becomes 'Awasthi' in Bengal voter list

Rediff.com17 Dec 2025

In a social media post on Tuesday, Aziz said he is a registered voter of the Kolkata Port assembly constituency and that his name is Atish Aziz.

India U-20 Team Gears Up for SAFF Championship Clash Against Pakistan

India U-20 Team Gears Up for SAFF Championship Clash Against Pakistan

Rediff.com24 Mar 2026

The Indian Under-20 men's football team has arrived in Male, Maldives, for the SAFF Championship and will begin their campaign against Pakistan. The team will then face Bangladesh, with the top two teams from each group qualifying for the semi-finals.

HDFC Bank's Q4 Profit Jumps 8%, Cautions on West Asia Conflict for Small Businesses

HDFC Bank's Q4 Profit Jumps 8%, Cautions on West Asia Conflict for Small Businesses

Rediff.com18 Apr 2026

HDFC Bank reported an 8.04 per cent increase in its March quarter consolidated net profit to Rs 20,350.76 crore, but highlighted potential near-term risks for small-business borrowers due to the West Asia conflict. The bank's CEO also addressed the recent resignation of its non-executive chairman and hinted at a potential top-level reorganisation.

6 Ways To Get Fruits/Vegetables Pesticide-Free And Squeaky Clean

6 Ways To Get Fruits/Vegetables Pesticide-Free And Squeaky Clean

Rediff.com27 Apr 2026

From leafy greens to popular fruits, testing has shown varying levels of pesticide residues, raising concerns about routine exposure. Simple steps like washing, soaking, peeling and careful handling can help reduce potential risks.

TCS Makes 25,000 Fresher Offers

TCS Makes 25,000 Fresher Offers

Rediff.com21 Apr 2026

These offers provide some relief to engineering students impacted by the uptake in artificial intelligence (AI) tools.

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

Rediff.com4 May 2026

SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.

Kushare, Ramraj Dominate Indian Athletics Series in Ranchi

Kushare, Ramraj Dominate Indian Athletics Series in Ranchi

Rediff.com12 Apr 2026

Maharashtra's Sarvesh Anil Kushare and Tamil Nadu's Vithya Ramraj secured victories in high jump and 400m hurdles respectively at the Indian Athletics Series in Ranchi. Sarun Payasingh also won the men's long jump event.