News for 'Internal Revenue Services'

India's BPO Industry Gets AI Makeover

India's BPO Industry Gets AI Makeover

Rediff.com29 May 2025

Call centres, once the engine room of India's BPO exports, are evolving too. Depending on the complexity, 30 to 50 per cent of voice and chat volumes are now handled by conversational AI.

Brazil's Embraer in talks with IndiGo, A-I to strengthen foot print in India

Brazil's Embraer in talks with IndiGo, A-I to strengthen foot print in India

Rediff.com2 Jun 2025

Embraer sees a lot of opportunities in India in the commercial and business jets as well as military aircraft and eVTOL segments, its CEO Francisco Gomes Neto has said as the Brazilian seeks to strengthen its foot print in the fast growing Indian market. Besides, the company is in talks with IndiGo and Air India to explore the possibility of selling its E-2 aircraft, which can have up to 146 seats.

The New Dining Destinations of India

The New Dining Destinations of India

Rediff.com10 Jul 2025

Dining today isn't just about food -- it's about the experience and the story.

How Indira govt tried to control media during Emergency

How Indira govt tried to control media during Emergency

Rediff.com25 Jun 2025

'Skirmishes with officials in the Press Information Bureau were an everyday affair as the newspapers sought clearances from the media censors for publishing the next day's editions'

3 Indian Cos Among Biggest Arms Producers

3 Indian Cos Among Biggest Arms Producers

Rediff.com6 Dec 2024

HAL, BEL and MDL feature on Sipri's list of the 100 largest arms producers in the world.

K'taka HM may have gifted Rs 15-25 lakh to Ranya Rao, but...: Dy CM

K'taka HM may have gifted Rs 15-25 lakh to Ranya Rao, but...: Dy CM

Rediff.com22 May 2025

The Enforcement Directorate on Thursday continued its searches at places linked to Karnataka Home Minister G Parameshwara as part of the probe into alleged gold smuggling-linked money laundering case against Kannada actress Ranya Rao and others, official sources said.

As Election Nears, Patna Gets Metro Boost

As Election Nears, Patna Gets Metro Boost

Rediff.com29 May 2025

The metro, it seems, is politics-proof -- even if it comes at a high cost.

Earnings winter to persist in Q4

Earnings winter to persist in Q4

Rediff.com23 Apr 2025

Brokerages expect a further slowdown in Indian firms' revenue and earnings growth in Q4FY25, following low single-digit growth in the preceding three quarters, as factors like weak consumer demand and credit growth linger on.

No knowledge: K'taka DGP on stepdaughter Ranya Rao's role in gold smuggling

No knowledge: K'taka DGP on stepdaughter Ranya Rao's role in gold smuggling

Rediff.com6 Mar 2025

The Director General of Police (DGP) of the Karnataka State Police Housing Corporation, Ramachandra Rao, has denied any knowledge of his stepdaughter Ranya Rao's alleged involvement in gold smuggling. Rao expressed deep distress over the incident, saying his reputation has been tarnished irreparably. He emphasised his lifelong dedication to honesty, integrity and discipline, and said his commitment to public service has always been his priority. Rao said he had no knowledge of the situation unfolding in his life and asked for fairness towards himself and his family. The DGP assured that if any laws were violated by Ranya, legal action would be taken.

Cognizant splits global growth markets by appointing 2 internal leaders

Cognizant splits global growth markets by appointing 2 internal leaders

Rediff.com18 Aug 2023

Cognizant Technology Solutions has restructured its global growth markets (GGM) by appointing two internal leaders who will now share the responsibility. The move follows the exit of former GGM leader Rob Walker last month and is among the slew of leadership changes the company has seen in the recent past. GGM refers to the company's emerging markets outside of North America.

Trump's tariffs: Auto part makers hope for 'balanced resolution'

Trump's tariffs: Auto part makers hope for 'balanced resolution'

Rediff.com4 Apr 2025

Auto parts exports from India may see a slight slowdown as US President Donald Trump's 25 per cent tariff could increase car prices for buyers by 8-25 per cent, thereby affecting demand, experts believe.

Apollo Hospitals to expand presence in metros with five new hospitals

Apollo Hospitals to expand presence in metros with five new hospitals

Rediff.com12 Feb 2025

Apollo Hospitals Enterprise is set to expand presence in metro cities during FY26 with the addition of five hospitals that would add over 1,400 beds.

US reciprocal tariffs to have limited impact on India: S&P

US reciprocal tariffs to have limited impact on India: S&P

Rediff.com19 Feb 2025

S&P Global Ratings on Wednesday said the impact of the US reciprocal tariff will be limited on India as the economy is domestically oriented with less reliance on exports. YeeFarn Phua, Director, Sovereigns and International Public Finance Ratings, Asia-Pacific S&P Global also said India will clock a 6.7-6.8 per cent GDP growth over the next two years.

BP beats Shell; to operate ONGC's Mumbai High fields

BP beats Shell; to operate ONGC's Mumbai High fields

Rediff.com8 Jan 2025

BP Plc has won a bid to operate ONGC's giant Mumbai High oil and gas field by offering up to 60 per cent increase in output over baseline, the state-owned firm said on Wednesday. State-owned Oil and Natural Gas Corporation (ONGC) had in June last year floated a tender seeking foreign partners to reverse declining output at its flagship Mumbai High fields, offering a share of revenue from incremental production plus a fixed fee but not any equity stake.

Guess which sector can actually gain from US tariff war?

Guess which sector can actually gain from US tariff war?

Rediff.com23 Apr 2025

A Rs 23,000-crore production-linked incentive (PLI) scheme for electronic components may boost margins and enable a broader product mix.

'Smuggler' Kannada actress earned Rs 12 lakh for each Dubai trip

'Smuggler' Kannada actress earned Rs 12 lakh for each Dubai trip

Rediff.com6 Mar 2025

Kannada actress Ranya Rao's frequent trips to Dubai have come under intense scrutiny following her arrest for allegedly smuggling gold into India.

Meet Nirmalaji's Budget Team

Meet Nirmalaji's Budget Team

Rediff.com30 Jan 2025

This will be the first full-year Budget of the BJP-led National Democratic Alliance government since it came to power for a third consecutive term in July last year.

Growth jitters take a 'byte' out of TCS

Growth jitters take a 'byte' out of TCS

Rediff.com27 Feb 2025

Shares of Tata Consultancy Services (TCS), the country's largest IT services provider, continue to remain under pressure, hitting a new eight-month low of Rs 3,624.90 intraday on Tuesday before closing at Rs 3,631, down 1.19 per cent. In the past two trading sessions, the stock price has declined 4 per cent on fears of a slowing US economy.

Foreign companies' tax burden at record low in India

Foreign companies' tax burden at record low in India

Rediff.com24 Feb 2025

Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Foreign private companies paid 24.36 per cent of their pre-tax profit as tax in 2023-24, show numbers from the Centre for Monitoring Indian Economy (CMIE).

What Modi Can Learn From Trump's DOGE

What Modi Can Learn From Trump's DOGE

Rediff.com28 Nov 2024

'Our politicians solely depend on bureaucrats who are unaccountable and follow their own agenda.' 'Our politicians would dare not dream of establishing a DOGE,' argues Lieutenant General Prakash Katoch (retd).

US sanctions hit Russian oil supply to India; March supplies may be hit

US sanctions hit Russian oil supply to India; March supplies may be hit

Rediff.com23 Jan 2025

The wide-ranging sanctions imposed by the US on the Russian oil sector have started to dent near-term oil flows to India with state-owned Bharat Petroleum Corporation Ltd (BPCL) saying not enough cargoes are available for March.

Why Has FATF Summoned Indian Gaming Firms?

Why Has FATF Summoned Indian Gaming Firms?

Rediff.com20 Feb 2025

Dream11, Baazi Games, Zupee and WinZO among others are invited for the discussion with the anti-money laundering watchdog.

Udaan set for IPO as NCLT clears demerger plan

Udaan set for IPO as NCLT clears demerger plan

Rediff.com15 Jan 2025

Udaan, India's largest business-to-business (B2B) e-commerce company, has received approval from the National Company Law Tribunal (NCLT) for its internal corporate restructuring plan, according to sources. By consolidating into a single entity, the restructuring will enhance Udaan's agility and pave the way for various financing options, including the ability to pursue an initial public offering (IPO) in India by 2026, according to people familiar with the matter.

How India plans to tackle possible import surge from China, others

How India plans to tackle possible import surge from China, others

Rediff.com7 Apr 2025

The government has set up an inter-ministerial group to monitor a possible surge in imports from countries like China, Vietnam and Thailand, fearing a surge in inbound shipments following the imposition of high reciprocal tariffs by the US on these countries, sources said. The product categories that may see an upsurge in diversion of imports from the US to India include consumer goods, electronics, chemicals and steel.

'Will It Be All-Out War? Or A Punitive Strike?'

'Will It Be All-Out War? Or A Punitive Strike?'

Rediff.com1 May 2025

'The government has to explain (to the army, air force and navy chiefs) whether they want a punitive strike, a deep punitive strike, or whether they want limited war or an all-out war, will it be a circumscribed war or will it be a shallow attack along the border.'

2 Indian-origin faces in new Canadian PM's cabinet

2 Indian-origin faces in new Canadian PM's cabinet

Rediff.com15 Mar 2025

Indo-Canadian Anita Anand and Delhi-born Kamal Khera are part of new Canadian Prime Minister Mark Carney's cabinet. Anand is the Minister of Innovation, Science and Industry while Khera is Minister of Health. Carney's cabinet with 13 men and 11 women is smaller than Trudeau's 37-member team.

What Tech Risks Will the World Face in 2025?

What Tech Risks Will the World Face in 2025?

Rediff.com12 Feb 2025

While advancements in biotechnology hold immense promise for health and innovation, they also come with significant risks if misused.

Shaktikanta Das appointed principal secretary to PM

Shaktikanta Das appointed principal secretary to PM

Rediff.com22 Feb 2025

P K Mishra, a retired IAS officer of the Gujarat cadre, is currently serving as the principal secretary to the prime minister.

Disney-Star & RIL JV will see loss of $400 mn on $3.5 bn revenue next FY

Disney-Star & RIL JV will see loss of $400 mn on $3.5 bn revenue next FY

Rediff.com20 Mar 2024

Both sports and digital will drag down the healthy operating margins that entertainment television continues to make.

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'.

Valuations factor in strong earnings growth for TVS Motor

Valuations factor in strong earnings growth for TVS Motor

Rediff.com19 Aug 2024

TVS Motor Company met expectations in terms of revenue and posted a strong margin performance in Q1FY25. The key drivers were material cost savings and a better mix. The domestic demand outlook looks good with a rural rebound but geopolitical uncertainties in key export markets may dent overall growth.

'Couples Are Moving Beyond Dinner Dates'

'Couples Are Moving Beyond Dinner Dates'

Rediff.com13 Feb 2025

With Valentine's Day falling on a Friday, travel is picking up as people look for quick getaways.

M&A deals rise 13.5% in '24 so far

M&A deals rise 13.5% in '24 so far

Rediff.com16 Dec 2024

the largest transactions of the year include the merger of Quality Care India and Aster DM Healthcare valued at $5.08 billion, followed by Bharti Enterprises' acquisition of a 24.5 per cent stake in the BT Group at $4.08 billion, and a family settlement transaction in the Godrej family at $3.5 billion.

High-growth segments, Tier-II, -III cities to drive long-term gains for ABB

High-growth segments, Tier-II, -III cities to drive long-term gains for ABB

Rediff.com16 Nov 2024

ABB reported a weak quarter. Revenue was at Rs 2,910 crore, up only 5 per cent year-on-year (Y-o-Y), with operating profit at Rs 540 crore, up 23 per cent and net profit at Rs 440 crore.

Best Business Ideas Under Rs 1 Crore

Best Business Ideas Under Rs 1 Crore

Rediff.com10 Feb 2025

India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.

TCS aims to achieve $50 bn revenue by 2030

TCS aims to achieve $50 bn revenue by 2030

Rediff.com8 Mar 2022

IT major TCS is planning to revamp the organisation structure to align with customers more closely, as it aims to achieve $50 billion (about Rs 3.89 lakh crore) revenue by 2030, a source aware of the development said on Tuesday. The company had garnered $25 billion in revenue in 2021. "TCS has now charted its roadmap and long-term strategy to reach the next $25 billion revenue. "It aims to get to $50 billion by the close of the decade," the source told PTI.

Twitter says revenue potential limited in India

Twitter says revenue potential limited in India

Rediff.com20 Oct 2013

Its international revenue stood at $53 million in 2012, accounting for 17 per cent of its overall revenue.

2025: Top 10 Stocks To Watch Out

2025: Top 10 Stocks To Watch Out

Rediff.com2 Jan 2025

These 10 stocks represent the best mix of value and growth, offering relatively low price-to-earnings and price-to-book ratios, a high return on equity, and sufficiently high potential from current levels.

Trump 2.0: Tough Navigation Lies Ahead For India

Trump 2.0: Tough Navigation Lies Ahead For India

Rediff.com12 Feb 2025

'As the global economy undergoes significant transformations in 2025, India's ability to navigate the complexities of trade wars, financial realignments, and emerging blocs will be pivotal,' explain Harsh V Pant and Soumya Bhowmik.

Lower input costs may aid pharma firms' Q2 margins

Lower input costs may aid pharma firms' Q2 margins

Rediff.com21 Oct 2024

Analysts are expecting pharmaceutical companies to post sales growth of 10-11 per cent in the second quarter this financial year while the Ebitda (earnings before interest, tax, depreciation, and amortisation) margins are anticipated to improve by about 110 basis points. Ebitda improvement will be led by lower input costs because prices of active pharmaceutical ingredients (APIs) are 5-15 per cent lower year-on-year (Y-o-Y). Axis Capital said sales growth would be around 10 per cent, of which growth in the India market would be 11 per cent or so.