News for 'Internal Revenue Service'

Mumbai's Ponda on US revenue service council

Mumbai's Ponda on US revenue service council

Rediff.com11 May 2010

Ponda is currently director of the firm's tax department, which is among the six finalist law firms nationwide for Chambers USA Awards for Excellence 2010 in Taxation Law.

Why 9/11 Still Matters

Why 9/11 Still Matters

Rediff.com2 days ago

On the 25th anniversary of that world-changing morning in New York, it is also for the rest of to reflect. Not only on those who were killed but also on why the event happened and what led to it and what came after it, asserts Aakar Patel.

Rs 1 Trillion Club Swells

Rs 1 Trillion Club Swells

Rediff.com2 Sep 2026

Newly listed companies Vedanta Aluminium Metal, SBI Funds Management and Manipal Health Enterprises have entered the Rs 1 trillion mcap list since March 2026.

Andhra Pradesh CM Naidu pushes for 15-20% growth, urges proactive governance

Andhra Pradesh CM Naidu pushes for 15-20% growth, urges proactive governance

Rediff.com3 days ago

Andhra Pradesh Chief Minister N Chandrababu Naidu has set an ambitious target for district collectors to achieve a 15-20 per cent growth rate, building on the state's 13.4 per cent growth in Q1 FY27, the highest in India.

L&T reports 3% decline in profit; revenue up 11%

L&T reports 3% decline in profit; revenue up 11%

Rediff.com6 May 2026

Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Tata Sons narrows chairman search to T V Narendran, Saurabh Agrawal, and NSE's Ashish Chauhan a 'dark horse'

Rediff.com5 Sep 2026

The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.

Tata Group Faces Massive Funding Challenge

Tata Group Faces Massive Funding Challenge

Rediff.com26 Aug 2026

Tata Sons has the balance sheet to support them, for now.

'UP Has Potential To Generate More Than 11 Million Jobs'

'UP Has Potential To Generate More Than 11 Million Jobs'

Rediff.com1 Sep 2026

'Improved law and order and transparent governance have helped change UP's investment image.'

Tata Motors' CV arm shifts focus to services, digital biz for growth

Tata Motors' CV arm shifts focus to services, digital biz for growth

Rediff.com8 Jun 2026

Tata Motors' commercial vehicle business is increasingly focusing on parts, services, connected-vehicle platforms, and digital businesses to drive growth and reduce dependence on cyclical vehicle sales, as outlined in its FY26 annual report.

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

Rediff.com3 May 2026

SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.

ISRO Bets Big on Space Startups

ISRO Bets Big on Space Startups

Rediff.com24 Aug 2026

'ISRO will not manufacture any launch vehicles. That will all be done by the private sector or public sector undertakings.'

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Rediff.com18 May 2026

Jewellery majors Titan Company and Kalyan Jewellers reported robust Q4 FY26 results, with Titan's consolidated revenue surging 81 per cent year-on-year, largely propelled by a sixfold increase in bullion and digital gold sales. Despite strong top-line growth, Titan's gross and operating profit margins faced pressure due to the higher share of lower-margin gold products and increased marketing expenditure.

The Outsider Who Went On To Helm Tata Sons

The Outsider Who Went On To Helm Tata Sons

Rediff.com12 Aug 2026

Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.

Maruti Suzuki urges govt for 'as-is' settlement or amnesty scheme for indirect tax disputes

Maruti Suzuki urges govt for 'as-is' settlement or amnesty scheme for indirect tax disputes

Rediff.com7 Aug 2026

Maruti Suzuki India's CFO, Arnab Roy, has urged the central government to introduce an amnesty scheme or an 'as-is' settlement option to resolve past indirect tax disputes, aiming to clear legacy litigation and foster growth in the automotive industry. Roy emphasised the need for a 'smarter way to address the past' to provide long-term certainty for businesses.

'Ethanol Blending Has Not Led to Sugar's Price Rise'

'Ethanol Blending Has Not Led to Sugar's Price Rise'

Rediff.com1 Sep 2026

'The ethanol blended with petrol programme should not be halted or reconsidered.' 'India is not experiencing a structural sugar shortage, and the ethanol blending roadmap does not compete with food security or drive domestic price increases.'

TVS Motor's Q1 net profit jumps 57% on record sales, robust demand across segments

TVS Motor's Q1 net profit jumps 57% on record sales, robust demand across segments

Rediff.com22 Jul 2026

TVS Motor Company reported a significant 56.8 per cent year-on-year increase in net profit to 1,036 crore in Q1FY27, driven by record sales volumes, an improved product mix, and robust demand in both domestic and international markets, with management anticipating continued double-digit industry growth.

Former CEO of Ethiopian Airlines Tewolde Gebremariam is new Air India boss

Former CEO of Ethiopian Airlines Tewolde Gebremariam is new Air India boss

Rediff.com6 Aug 2026

Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.

Rajya Sabha MPs' expenses soar to Rs 262 cr in two yrs, reveals RTI

Rajya Sabha MPs' expenses soar to Rs 262 cr in two yrs, reveals RTI

Rediff.com19 Jul 2026

An RTI reply has revealed that over Rs 262 crore was spent on salaries, allowances, and facilities for Rajya Sabha MPs in the financial years 2024-25 and 2025-26. This includes more than Rs 151 crore specifically for allowances and travel, with a significant increase in expenditure from the first to the second year.

RIL beats estimates with record quarterly EBITDA; YoY profit falls

RIL beats estimates with record quarterly EBITDA; YoY profit falls

Rediff.com17 Jul 2026

Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.

Can India Become New Power Centre Of Global Chess?

Can India Become New Power Centre Of Global Chess?

Rediff.com1 Aug 2026

'India should hold several high-level chess tournaments that would attract the world's top players so that the country will have a say in the game.'

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Rediff.com23 Jul 2026

Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.

Tata Motors steps up its global CV ambition with Iveco

Tata Motors steps up its global CV ambition with Iveco

Rediff.com30 Jun 2026

Tata Motors is set to acquire Italy's Iveco Group, a strategic move aimed at propelling the Indian automaker into the top four global commercial vehicle (CV) manufacturers, with projected annual revenues of $35 billion-$40 billion within five years.

Sitharaman: Hurry Up Tax Appeals

Sitharaman: Hurry Up Tax Appeals

Rediff.com25 Jul 2026

Finance Minister Nirmala Sitharaman has urged income tax authorities to significantly accelerate the adjudication of taxpayer appeals.

'Crisis In The Economy Started Last Year'

'Crisis In The Economy Started Last Year'

Rediff.com15 Aug 2026

'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'

Tata Motors CV business pivots to logistics, mobility platforms for resilient growth

Tata Motors CV business pivots to logistics, mobility platforms for resilient growth

Rediff.com24 Jun 2026

Tata Motors' commercial vehicle (CV) business is strategically repositioning itself from a traditional truck manufacturer to a comprehensive logistics and mobility platform, aiming to reduce dependence on cyclical vehicle demand by accelerating growth in digital, international, and services segments.

Global Streaming Transforms Music But...

Global Streaming Transforms Music But...

Rediff.com27 Jun 2026

Streaming has globalised the entertainment industry, enabling artists like Diljit Dosanjh and Arijit Singh to reach diverse international audiences.

E20 petrol safe, no engine failure reported, Gadkari tells Parliament

E20 petrol safe, no engine failure reported, Gadkari tells Parliament

Rediff.com30 Jul 2026

The Indian government has defended its E20 ethanol blending programme, stating that extensive testing and field experience show no evidence of abnormal engine wear, corrosion, or reduced vehicle life, despite a potential 2-6% reduction in fuel economy.

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

Rediff.com7 Aug 2026

'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'

AI Agents to Equal Human Staff, No Downsizing Planned: TCS' Chandra

AI Agents to Equal Human Staff, No Downsizing Planned: TCS' Chandra

Rediff.com9 Jun 2026

Tata Consultancy Services (TCS) Chairman N Chandrasekaran announced that the company anticipates having as many artificial intelligence (AI) agents as its human workforce, currently half a million, while assuring that no staff downsizing is planned.

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Rediff.com19 Jun 2026

Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.

Pakistan boosts defence spending by 17.6% in new Budget

Pakistan boosts defence spending by 17.6% in new Budget

Rediff.com13 Jun 2026

Pakistan has increased its defence budget by 17.6 per cent to PKRs 3,000 billion for the upcoming fiscal year, as announced by Finance Minister Muhammad Aurangzeb. The federal budget, estimated at PKRs 18,771 billion, targets 4 per cent GDP growth, with significant allocations for debt service and pensions. Prime Minister Shehbaz Sharif highlighted economic stability and ongoing discussions with the IMF, while the opposition protested Imran Khan's incarceration during the budget session.

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.