News for 'International Business'

Pahalgam attack: Businessman's first trip outside Pune turns fatal

Pahalgam attack: Businessman's first trip outside Pune turns fatal

Rediff.com24 Apr 2025

Two residents of Pune, Kaustubh Ganbote and Santosh Jagdale, were killed in a terror attack in Pahalgam, Kashmir, on Tuesday. Ganbote, a snacks business owner, and Jagdale, an interior designer, were on a family vacation with their wives and children when the attack occurred. The attack has left both families devastated. Ganbote was known for his jovial and helpful nature and had recently become a grandfather. Jagdale was also known for his love of travel and music. The bodies of both men were brought back to Pune on Thursday, where they were received by Union Minister of State for Civil Aviation Murlidhar Mohol.

Liverpool Univ to Open Bengaluru Campus

Liverpool Univ to Open Bengaluru Campus

Rediff.com27 May 2025

Initially, we will look to take a small batch of a few hundred students, with a plan to increase this to 5,000 students in the next five years, and eventually 10,000 by 2036.'

Radico Khaitan withdraws 'Trikal' whisky brand after outrage

Radico Khaitan withdraws 'Trikal' whisky brand after outrage

Rediff.com29 May 2025

Radico Khaitan is the maker of award-winning single malt 'Rampur' and Jaisalmer Indian Craft Gin. Besides, it owns IMFL brands as 8 PM Whisky and Magic Moments Vodka.

Pak Airspace Shut: Indian Carriers Redraw Flight Paths

Pak Airspace Shut: Indian Carriers Redraw Flight Paths

Rediff.com25 Apr 2025

Executives from India's leading airlines are conducting internal meetings to devise alternative routes for their international flights that currently pass through Pakistani airspace.

'Who Was Flying AI 171 When Mayday Was Called?'

'Who Was Flying AI 171 When Mayday Was Called?'

Rediff.com21 Jul 2025

'Who tried engine relight?' 'If the first officer was the one flying at takeoff, the captain may have taken control immediately post-thrust loss.' 'But the AAIB report doesn't clarify any of this.'

A Mother Is Unable To Forget Daughter's Last Words

A Mother Is Unable To Forget Daughter's Last Words

Rediff.com25 Jun 2025

'Take care Maa, flight take off karne wala hai, wapas aakar baat karti hoon.'

Bengaluru stampede: Top RCB officials among 4 sent to jail for 14 days

Bengaluru stampede: Top RCB officials among 4 sent to jail for 14 days

Rediff.com6 Jun 2025

Nikhil Sosale, Head of Marketing and Revenue of RCB, Sunil Mathew and Kiran Kumar from DNA entertainment private limited are among those who have been arrested, sources said.

Wholesale price inflation dips to 14-month low in May

Wholesale price inflation dips to 14-month low in May

Rediff.com17 Jun 2025

Wholesale price inflation (WPI) declined to a 14-month low of 0.39 per cent in May on easing prices of food articles and fuel, and experts said geopolitical tensions could push up prices.

CCI issues norms to assess predatory pricing practices

CCI issues norms to assess predatory pricing practices

Rediff.com7 May 2025

Competition Commission of India (CCI) has notified the regulations for determining the cost of production, a move that will help the watchdog to more effectively assess alleged predatory pricing and deep discounting practices especially in the quick commerce and e-commerce segments. As part of efforts to update the framework for assessing predatory pricing, the watchdog came out with the draft rules in February.

'If The Checks Find Anything Even Slightly Off...'

'If The Checks Find Anything Even Slightly Off...'

Rediff.com18 Jun 2025

'...rectification has to happen then and there, and that takes additional time.'

India's services sector growth moderates in March

India's services sector growth moderates in March

Rediff.com4 Apr 2025

India's services sector activity eased slightly in March, weighed down by a marginal slowdown in sales amid softer demand conditions and easing inflationary pressures, a monthly survey said on Friday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell from February's reading of 59.0 to 58.5 in March, but remained above its long-run average of 54.2.

Bihar's Liquor Ban Faces Heat Ahead Of Elections

Bihar's Liquor Ban Faces Heat Ahead Of Elections

Rediff.com11 Jun 2025

As the election nears, political positions on prohibition are shifting.

British American Tobacco sells 2.5% stake in ITC for Rs 12,927 crore

British American Tobacco sells 2.5% stake in ITC for Rs 12,927 crore

Rediff.com28 May 2025

British multinational BAT Plc on Wednesday trimmed its ownership in conglomerate ITC by divesting a 2.5 per cent stake for Rs 12,927 crore ($1.51 billion) through a block deal, according to a revised term sheet accessed by PTI. Following the stake sale, shares of ITC went lower by 1.15 per cent to trade at Rs 421.15 apiece on the NSE.

'Nowhere In The AAIB's Mandate Is The Apportioning Of Blame'

'Nowhere In The AAIB's Mandate Is The Apportioning Of Blame'

Rediff.com24 Jun 2025

'The AAIB will collect every single retrievable piece of the aircraft and transport it to a secure location -- usually a large hangar capable of housing a Boeing 787.' 'The entire aircraft will be laid out, each part marked and tagged, and practically rebuilt like a jigsaw puzzle.'

Tharoor admits to differences with Congress leadership

Tharoor admits to differences with Congress leadership

Rediff.com19 Jun 2025

Congress Working Committee (CWC) member Shashi Tharoor on Thursday said he has differences of opinion with some in the party leadership, but he is not going to speak about them in light of the bypoll in the Nilambur constituency.

India, UK drop key demands in FTA talks

India, UK drop key demands in FTA talks

Rediff.com7 May 2025

India and the UK have respected each other's political sensitivities during the negotiations for free trade agreement, with New Delhi agreeing to drop its demand on post-study work visas for students in exchange for Britain withdrawing its request to open up legal services here, an official said on Wednesday.

Crash Puts Spotlight On DGCA Warnings To Air India

Crash Puts Spotlight On DGCA Warnings To Air India

Rediff.com20 Jun 2025

The DGCA has issued multiple fines and warnings to Air India over the past three years, flagging serious concerns in flight operations, cockpit discipline, and internal accountability.

Samaritan hands over 70 tolas of gold, cash from plane crash site

Samaritan hands over 70 tolas of gold, cash from plane crash site

Rediff.com18 Jun 2025

Rajesh Patel, 57, said he collected nearly 70 tolas of gold ornaments, which would be priceless for the victims' kin, Rs 50,000 and a few US dollars from the scene of the deadly aviation tragedy and handed them over to the police.

India Must Be Ready For Next War With Pakistan

India Must Be Ready For Next War With Pakistan

Rediff.com15 Jul 2025

India has to fill in all the critical gaps in missiles, ammunition, sensors and stockpile in the fastest possible manner, focusing on the critical instruments that worked this time, asserts Shekhar Gupta.

Tata Motors expects to achieve 30% EV penetration ahead of target: Chandra

Tata Motors expects to achieve 30% EV penetration ahead of target: Chandra

Rediff.com21 Jun 2025

Tata Motors is hoping to beat its target year of 2030 and have 30 per cent of its portfolio comprising electric vehicles (EVs), according to Chairman N Chandrasekaran, who was speaking at the company's last annual general meeting (AGM) ahead if its demerger.

Medical Tourism Revenue Takes A Hit After Govt Stops Visas For Bangladeshis

Medical Tourism Revenue Takes A Hit After Govt Stops Visas For Bangladeshis

Rediff.com18 Nov 2024

According to a recent CareEdge Ratings report, Bangladesh accounts for around 50-60 per cent of India's total medical tourism inflow

HDFC Bank to pursue legal remedies against Mehta family of Lilavati Trust

HDFC Bank to pursue legal remedies against Mehta family of Lilavati Trust

Rediff.com9 Jun 2025

HDFC Bank on Sunday said that it will "pursue all lawful remedies" to recover public funds and address the retaliatory actions taken by the Mehta family of the Lilavati Kirtilal Mehta Medical (LKMM) Trust, which has filed a complaint against the bank's managing director (MD) & chief executive officer (CEO) Sashidhar Jagdishan alleging financial fraud.

Traders oppose changing Mount Abu's name to Aburaj Teerth

Traders oppose changing Mount Abu's name to Aburaj Teerth

Rediff.com6 May 2025

A proposal to change the name of Mount Abu, Rajasthan's only hill station, to "Aburaj Teerth" and ban non-vegetarian food and alcohol consumption in public has sparked protests from local businesses, who fear severe economic consequences. They argue that the name change will cause confusion and the restrictions will drastically reduce tourist numbers, impacting livelihoods.

Adani Group posts record EBITDA of Rs 90K cr in FY25

Adani Group posts record EBITDA of Rs 90K cr in FY25

Rediff.com22 May 2025

Adani Group's portfolio companies posted their highest-ever pre-tax profit (EBITDA) of about Rs 90,000 crore in the fiscal year ended March 31 and had a cash balance to cover 21 months of debt servicing, the ports-to-energy conglomerate said on Thursday. The Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) has more than tripled in six years - from Rs 24,870 crore in 2018-19 to Rs 89,806 crore in 2024-25 (April 2024 to March 2025).

Why Mumbai, Bengaluru realtors are feeling the heat

Why Mumbai, Bengaluru realtors are feeling the heat

Rediff.com3 Jul 2025

'Every delay directly increases the cost burden on developers. Land holding charges, financing costs, and compliance expenses escalate as approvals drag on.'

India Set For Rs 32 Trillion Defence Budget... In 2047

India Set For Rs 32 Trillion Defence Budget... In 2047

Rediff.com2 Jun 2025

'Make-in-India played a key role in India's effective action against terrorism during Operation Sindoor.'

Can Prashant Kishor Shake Up Bihar Politics?

Can Prashant Kishor Shake Up Bihar Politics?

Rediff.com10 Jul 2025

'Prashant Kishor is a businessman before he is a politician, and given that the expected average turnout for JSP candidates is 5,000 to 6,000 votes and since Bihar has a significant number of seats where the margin between the winner and runner-up falls within that range he will capitalise on exactly that to showcase his presence.'

Sharif credits Trump for Indo-Pak ceasefire, seeks US mediation

Sharif credits Trump for Indo-Pak ceasefire, seeks US mediation

Rediff.com5 Jun 2025

Sharif said that the US president had shown beyond any doubt that "he is a man for peace... and beneficial business deals".

How To Start A Business: 14 Tips

How To Start A Business: 14 Tips

Rediff.com1 Apr 2024

Business success often involves a combination of planning, implementation, and continuous learning, says rediffGURU Harsh Bharwani.

Amitabh Kant resigns as G20 Sherpa, to begin new chapter

Amitabh Kant resigns as G20 Sherpa, to begin new chapter

Rediff.com16 Jun 2025

Kant, a retired 1980-batch Indian Administrative Service (IAS) officer of Kerala cadre, was appointed as India's G20 Sherpa in July 2022, months before India assumed the G20 Presidency.

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.

Fuel Cutoff, Pilot Confusion Before AI Plane Crash: AAIB Report

Fuel Cutoff, Pilot Confusion Before AI Plane Crash: AAIB Report

Rediff.com12 Jul 2025

A preliminary investigation into the Air India Flight 171 crash in Ahmedabad reveals that both fuel switches were cut off before the crash, followed by pilot confusion. The report also indicates that fuel samples were satisfactory and no immediate action is recommended for Boeing 787-8 operators.

'Indian Markets To Outperform For Next 20 Years'

'Indian Markets To Outperform For Next 20 Years'

Rediff.com29 May 2025

'When you have the best market at your doorstep, international diversification is a distraction.'

'India is a land of opportunities'

'India is a land of opportunities'

Rediff.com13 May 2025

'We've maintained that India is a high-penetration game. It's not only a premiumisation game.'

Don't equate victim, perpetrator of terror attacks: Misri in Tokyo

Don't equate victim, perpetrator of terror attacks: Misri in Tokyo

Rediff.com22 May 2025

India's Foreign Secretary Vikram Misri has underscored the importance of not equating the victims and perpetrators of terror attacks, highlighting the need for global unity in combating terrorism. Speaking at Raisina Tokyo 2025, Misri expressed appreciation for Japan's support following the recent terror attack in Pahalgam, India. He also cautioned against the trend of some Western countries hyphenating India and Pakistan in the context of their recent military confrontation. Misri further outlined India's economic aspirations and its commitment to becoming a factor of stability in a turbulent world.

India opposes fresh $2.3 bn IMF loans to Pak over terror concerns

India opposes fresh $2.3 bn IMF loans to Pak over terror concerns

Rediff.com9 May 2025

India has opposed the International Monetary Fund's (IMF) proposal to extend fresh loans of USD 2.3 billion to Pakistan, citing concerns that the funds could be misused for financing state-sponsored cross-border terrorism. India abstained from voting at the IMF meeting, expressing concerns about Pakistan's track record and the possibility of debt financing being misused for terrorism. The IMF took note of India's statements and its abstention from the vote. India's opposition comes at a time when military conflict between India and Pakistan has intensified following a terrorist attack in Kashmir.

'No One Is Evacuating Tehran'

'No One Is Evacuating Tehran'

Rediff.com17 Jun 2025

'All the government and private offices are functioning.' 'Overall, life is continuing normally.' 'People of Iran are showing spirit and resilience in the face of adversity.'

'US Is Only Arm-Twisting'

'US Is Only Arm-Twisting'

Rediff.com13 Jun 2025

'There is nothing bilateral about this deal.'

'Nothing As Heartbreaking As This'

'Nothing As Heartbreaking As This'

Rediff.com17 Jun 2025

'We consider everyone who lost someone in this tragedy as part of our family -- now and forever.'

'Acting Is In My Karma'

'Acting Is In My Karma'

Rediff.com26 Jun 2025

'The industry has never accepted me.' 'When I was shooting Aashiqui, I would hear comments like, "Yeh toh bahut lambi hai. Heroine nahin dikhti hai".' 'Aashiqui became such a big hit, and you know how the industry is.' 'You have success, then you have everything.'