News for 'Internal Revenue Service'

Titan's expansion plans earn glittering outlook

Titan's expansion plans earn glittering outlook

Rediff.com6 Jun 2026

Titan Company's ambitious roadmap to achieve a 20 per cent revenue compound annual growth rate (CAGR) by financial year 2030 (FY30) has garnered a positive outlook from analysts, who highlight the company's strong brand, sourcing capabilities, and diversified portfolio as key strengths.

IRS officer's daughter rape-murder case: Shocking autopsy details emerge

IRS officer's daughter rape-murder case: Shocking autopsy details emerge

Rediff.com23 Apr 2026

The post-mortem report of a senior IRS officer's daughter, who was murdered in her Delhi residence, reveals strangulation as the cause of death, along with multiple injuries indicating a struggle and assault. A former domestic help has been arrested in connection with the crime.

Spain Vs Argentina FIFA World Cup Final Shatters US Viewership Records

Spain Vs Argentina FIFA World Cup Final Shatters US Viewership Records

Rediff.com22 Jul 2026

The FIFA World Cup final between Spain and Argentina garnered nearly 63 million viewers in the United States, setting new viewership records and highlighting football's increasing popularity in the country.

Jio Platforms set for mega IPO of 27 crore equity shares; eyes 5G, AI expansion

Jio Platforms set for mega IPO of 27 crore equity shares; eyes 5G, AI expansion

Rediff.com19 Jun 2026

Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has approved filing draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares, aiming to unlock value for shareholders and fuel its ambitious expansion into 5G, AI, and global markets.

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Rediff.com24 Jun 2026

Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.

IMF Lowers India's FY27 Growth Outlook to 6.4% on Higher Energy Costs

IMF Lowers India's FY27 Growth Outlook to 6.4% on Higher Energy Costs

Rediff.com9 Jul 2026

The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.

Adani Power to invest Rs 2 trn over 5 years

Adani Power to invest Rs 2 trn over 5 years

Rediff.com25 Jun 2026

Adani Group Chairman Gautam Adani announced a capital expenditure programme of over 2 trillion for Adani Power, aiming for 45 gigawatts (Gw) capacity in five years, including a significant entry into nuclear power with a target of 10 Gw by 2035 through Adani Atomic Energy.

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Rediff.com2 Jun 2026

Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.

What's Inside The Rs 3 Crore Oscar Swag Bag?

What's Inside The Rs 3 Crore Oscar Swag Bag?

Rediff.com16 Mar 2026

Awarded to select nominees and winners, the 2026 Everyone Wins Oscar swag bag includes luxury vacation stays in Ibiza and Lapland worth $65,000, a $25,000 facial plastic surgery voucher from a New York-based surgeon, and even a custom prenuptial agreement service, among several other high-end gifts.

Ola Electric hit by volume slump, market share loss as Q3 revenue plunges

Ola Electric hit by volume slump, market share loss as Q3 revenue plunges

Rediff.com24 Feb 2026

Shares of electric vehicle (EV) maker Ola Electric Mobility fell nearly 7 per cent to a fresh low on Monday after its revenue growth in the third quarter (October-December/Q3) of 2025-26 (FY26) slowed, with analysts warning that any turnaround could be prolonged.

DRI Seizes Opium Worth Over Rs 21 Lakh In Ludhiana

DRI Seizes Opium Worth Over Rs 21 Lakh In Ludhiana

Rediff.com19 May 2026

The Directorate of Revenue Intelligence (DRI) in Ludhiana seized over 4 kg of opium worth Rs 21.69 lakh, uncovering a cross-border drug smuggling operation using courier channels.

Public Cloud Service Drives Oracle India's Double-Digit Run

Public Cloud Service Drives Oracle India's Double-Digit Run

Rediff.com18 Feb 2026

'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'

Why The UPSC Is India's Most Competitive Exam

Why The UPSC Is India's Most Competitive Exam

Rediff.com18 May 2026

rediffGURU Nayagam PP, career counsellor and founder of EduJob360 explains why cracking the UPSC exam is a dream for lakhs of young Indians.

Dabur's robust India biz showing lifts shares

Dabur's robust India biz showing lifts shares

Rediff.com9 May 2026

Dabur India's shares rose 3.7 per cent after reporting in-line Q4FY26 results, driven by a healthy 10 per cent growth in its India business, despite some analysts remaining cautious about future execution.

Trump Is Coming For Immigrant Brothers, Sisters, Aunties, Uncles...

Trump Is Coming For Immigrant Brothers, Sisters, Aunties, Uncles...

Rediff.com13 Jun 2026

Immigrants' contribution to the US economy is disproportionate to their share of the population, meaning that losing them would shrink the economy even more than losing a random group of Americans, points out Sree Sreenivasan.

How Paytm's Separation From PPBL Secured Its Future

How Paytm's Separation From PPBL Secured Its Future

Rediff.com29 Apr 2026

Following regulatory action against Paytm Payments Bank Ltd (PPBL), Paytm strategically separated its core operations, a move praised by analysts for preserving business continuity and governance. This separation has enabled Paytm to sustain growth and improve profitability.

Big verdict: No RTI for BCCI, rules CIC

Big verdict: No RTI for BCCI, rules CIC

Rediff.com18 May 2026

The Central Information Commission has ruled that the Board of Control for Cricket in India does not qualify as a 'public authority' under the Right to Information Act, effectively placing it outside the scope of RTI disclosures.

M&M in high gear on SUV growth, product pipeline; analysts bullish despite margin pressure

M&M in high gear on SUV growth, product pipeline; analysts bullish despite margin pressure

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is largely bullish among analysts following its Q4FY26 results, driven by strong SUV demand, a robust product pipeline, and improving growth visibility across segments, despite near-term margin pressures from rising commodity costs and potential weakness in the tractor cycle.

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

RIL Flags 'Extreme Volatility' Risks from West Asia Conflict, Silent on Jio IPO

Rediff.com5 Jun 2026

Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.

TCS pegs $1.5 bn AI revenue, seeks to become largest AI-led tech firm

TCS pegs $1.5 bn AI revenue, seeks to become largest AI-led tech firm

Rediff.com17 Dec 2025

The country's largest IT services firm Tata Consultancy Services on Wednesday outlined an aggressive plan to become the "world's largest AI-led technology services company" as CEO K Krithivasan shared that the company has logged about $1.5 billion in annualised revenue.

Unsinkable Aircraft Carrier Vs Real Aircraft Carrier

Unsinkable Aircraft Carrier Vs Real Aircraft Carrier

Rediff.com19 Jun 2026

While the Andaman and Nicobar islands serve as a vital, stationary asset for projecting power in the Indian Ocean, referring to them as an unsinkable aircraft carrier ignores key military and geopolitical limitations, explains Commodore Venugopal Menon (retd).

UK health minister quits, may challenger Starmer for PM

UK health minister quits, may challenger Starmer for PM

Rediff.com14 May 2026

UK Health Secretary Wes Streeting resigned from the Cabinet, citing a loss of confidence in Prime Minister Keir Starmer's leadership, potentially triggering a Labour leadership contest.

Gulf War: Indian Airlines Face Rs 2,500 Cr Losses

Gulf War: Indian Airlines Face Rs 2,500 Cr Losses

Rediff.com14 Apr 2026

The broader conflict in West Asia, the largest international market for Indian carriers, has forced a sharp reduction in daily flights relative to the summer schedule.

Airspace curbs hit Indian aviation, 10,000 flights cancelled since Feb

Airspace curbs hit Indian aviation, 10,000 flights cancelled since Feb

Rediff.com7 Apr 2026

Indian carriers have cancelled over 10,000 flights since the onset of the West Asia conflict, as escalating tensions and airspace restrictions disrupted international operations, a senior government official said.

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Rediff.com20 May 2026

Major US technology companies, Meta and LinkedIn, are undergoing significant workforce restructuring, with Meta planning to lay off 8,000 employees while shifting 7,000 into AI-focused roles, and LinkedIn cutting over 600 jobs across various departments.

9 Most Difficult Exams Across The Globe

9 Most Difficult Exams Across The Globe

Rediff.com20 Feb 2026

Success percentage rates of some of these toughest exams in the world is in single digits

How Air India Is Using AI To Transform Operations

How Air India Is Using AI To Transform Operations

Rediff.com26 Apr 2026

Air India is significantly embracing artificial intelligence to enhance operational efficiency, improve customer services, increase revenues, and reduce costs as part of its ambitious transformation plan under the Tata Group.

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Rediff.com6 Apr 2026

Indian IT services companies are set to significantly increase their acquisition spending to $6.5-7 billion this year, up from $5 billion last year, as they seek to boost revenue and capabilities in areas like Cloud, data, enterprise platforms, and AI amidst a challenging economic environment.

Did Wankhede take bribe from SRK to spare his son? Ex-NCB officer answers

Did Wankhede take bribe from SRK to spare his son? Ex-NCB officer answers

Rediff.com23 Mar 2026

Former NCB Mumbai zonal director Sameer Wankhede has denied demanding or accepting a bribe from Shah Rukh Khan to exonerate his son Aryan Khan in the 2021 cruise ship drugs case. His counsel argued before the Bombay High Court that the CBI lacks evidence to support the bribery allegations.

Analysts pick HDFC AMC, CAMS, KFin as top bets as MF growth accelerates

Analysts pick HDFC AMC, CAMS, KFin as top bets as MF growth accelerates

Rediff.com17 Apr 2026

Analysts are increasingly optimistic about India's capital markets, with HDFC AMC, CAMS, and KFin Technologies identified as top investment picks. This optimism stems from a structural shift in household savings towards financial instruments and an expected multi-year earnings expansion for market infrastructure providers and asset management companies.

Strong outlook may sustain valuations for Godrej Consumer

Strong outlook may sustain valuations for Godrej Consumer

Rediff.com15 Apr 2026

Godrej Consumer Products Ltd (GCPL) delivered a robust Q4FY26 performance, with steady demand in India and signs of stabilisation in international markets, despite persistent inflationary pressures. The company expects to maintain profitability in FY27 through strategic cost management and pricing adjustments.

Technocrat-politician Ashok Lahiri to steer NITI Aayog with reform mandate

Technocrat-politician Ashok Lahiri to steer NITI Aayog with reform mandate

Rediff.com27 Apr 2026

Ashok Lahiri, a distinguished economist with experience in government, the private sector, and electoral politics, has been appointed as the new Vice-Chairman of NITI Aayog, tasked with strengthening India's reform trajectory and policy-making.

Wipro's $1 bn Olam deal, Mindsprint acquisition marks major strategic win

Wipro's $1 bn Olam deal, Mindsprint acquisition marks major strategic win

Rediff.com7 Apr 2026

Wipro, India's fourth-largest IT services company, has secured an eight-year deal with Singapore-based Olam group, valued at over $1 billion, and will also acquire Olam's IT and digital services arm, Mindsprint, for $375 million, marking one of its largest contracts to date.

Kerala Verdict: Left's Worst Defeat

Kerala Verdict: Left's Worst Defeat

Rediff.com5 May 2026

'What we are witnessing is a massive anti-incumbency wave that has cut across all social and political divides.'

How Mamata Banerjee Fared In Her 15 Year Rule

How Mamata Banerjee Fared In Her 15 Year Rule

Rediff.com4 May 2026

Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.

Hospital Stocks Poised for Strong Growth Despite West Asia War Worries

Hospital Stocks Poised for Strong Growth Despite West Asia War Worries

Rediff.com14 Apr 2026

Despite initial pressure from the West Asia conflict, analysts are optimistic about the Indian hospital sector's outlook, citing strong demand drivers and ongoing expansion plans that are expected to fuel significant revenue growth over the next few years.

Adani Group adopts 3-layer structure to empower frontline,flatten hierarchy

Adani Group adopts 3-layer structure to empower frontline,flatten hierarchy

Rediff.com4 Apr 2026

Billionaire Gautam Adani announced the Adani Group is transitioning to a three-layer organisational structure to flatten hierarchy and empower its frontline operations, aiming for faster decision-making and increased accountability.

Geopolitical tensions, Iran war impact hotel stocks; analysts cut profit expectations

Geopolitical tensions, Iran war impact hotel stocks; analysts cut profit expectations

Rediff.com14 Apr 2026

Indian hotel companies are experiencing a sharp correction in share prices due to the Iran war and broader geopolitical tensions, leading analysts to cut operating profit expectations and valuations, despite structurally positive medium-term prospects.

What Oracle Layoffs Signal For Techies

What Oracle Layoffs Signal For Techies

Rediff.com2 Apr 2026

For engineers across the country, the Oracle job cuts served as a rude reminder of what the AI era has in store for the tech world.

Gulf War: Stocks That Tanked The Most

Gulf War: Stocks That Tanked The Most

Rediff.com14 Apr 2026

West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.