News for 'MD'

IndiGo's Q4 Loss Hits Rs 2,537 Crore Due to Rupee Depreciation, Operational Headwinds

IndiGo's Q4 Loss Hits Rs 2,537 Crore Due to Rupee Depreciation, Operational Headwinds

Rediff.com29 May 2026

IndiGo, India's largest airline, reported a net loss of Rs 2,536.9 crore in the March quarter of fiscal year 2025-26, primarily attributed to a significant foreign exchange loss of approximately Rs 8,100 crore, the impact of December flight disruptions, and expenses related to new labour laws.

PharmEasy's parent has a new playbook: Profit first, growth second

PharmEasy's parent has a new playbook: Profit first, growth second

Rediff.com27 May 2026

API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.

Stolen Mobile Phone Racket Busted By Delhi Police

Stolen Mobile Phone Racket Busted By Delhi Police

Rediff.com30 Apr 2026

Delhi Police have dismantled an organised racket trafficking stolen mobile phones to Nepal, arresting two individuals and recovering 40 devices. The operation involved purchasing stolen phones in Delhi and selling them in Nepal for profit.

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.

Mumbai Drug Traffickers Convicted, Assets Worth Crores Seized

Mumbai Drug Traffickers Convicted, Assets Worth Crores Seized

Rediff.com21 May 2026

The Narcotics Control Bureau (NCB) has secured the conviction of five individuals involved in a major synthetic drug trafficking case in Mumbai, and has seized assets worth over Rs 6.5 crore linked to the illegal trade.

Smallcap Schemes Lead Mutual Fund Rally

Smallcap Schemes Lead Mutual Fund Rally

Rediff.com1 Jun 2026

Most actively-managed equity mutual fund schemes outperformed their benchmarks despite volatility across domestic equity markets during the past year.

R Doraiswamy appointed MD & CEO of LIC

R Doraiswamy appointed MD & CEO of LIC

Rediff.com14 Jul 2025

The government on Monday appointed R Doraiswamy as head of state-owned insurance behemoth Life Insurance Corporation of India

Man Arrested With Drugs Worth Rs 86 Lakh In Navi Mumbai

Man Arrested With Drugs Worth Rs 86 Lakh In Navi Mumbai

Rediff.com3 May 2026

A man has been arrested in Navi Mumbai for possessing mephedrone valued at Rs 86 lakh. The accused was found with 344 grams of the drug during a police patrol.

Man Arrested With Drugs Worth Rs 86 Lakh In Navi Mumbai

Man Arrested With Drugs Worth Rs 86 Lakh In Navi Mumbai

Rediff.com3 May 2026

A man has been arrested in Navi Mumbai for possessing mephedrone valued at Rs 86 lakh. The accused was found with 344 grams of the drug during a police patrol.

RJD MLA Osama Sahab Booked For Land Grabbing

RJD MLA Osama Sahab Booked For Land Grabbing

Rediff.com4 May 2026

RJD MLA Osama Sahab has been booked for allegedly grabbing land in Bihar's Siwan district. The police conducted a raid and have initiated further legal action.

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.

ED raids on Kerala ex-CM Vijayan's homes in CMRL case; violence erupts

ED raids on Kerala ex-CM Vijayan's homes in CMRL case; violence erupts

Rediff.com28 May 2026

CPI(M) workers clashed with security personnel outside former Chief Minister Pinarayi Vijayan's residence in Kerala during Enforcement Directorate (ED) searches related to the alleged CMRL monthly payment case involving his daughter.

HDFC Bank Shares Fall After Report Alleges 'Camouflaged' Payments To MSRDC

HDFC Bank Shares Fall After Report Alleges 'Camouflaged' Payments To MSRDC

Rediff.com27 May 2026

HDFC Bank's shares experienced a dip on Wednesday after a newspaper report alleged that the bank made illegal payments to the Maharashtra State Road Development Corporation to secure large deposits, raising concerns about corporate governance.

Why ED Raided Former Kerala CM Pinarayi Vijayan's Residences

Why ED Raided Former Kerala CM Pinarayi Vijayan's Residences

Rediff.com27 May 2026

The Enforcement Directorate conducted searches at the residences of former Kerala chief minister Pinarayi Vijayan and his family members as part of a money laundering probe linked to the CMRL case involving his daughter, Veena Vijayan.

Rana Kapoor Faces FIR Over Alleged Illegal Property Transfer

Rana Kapoor Faces FIR Over Alleged Illegal Property Transfer

Rediff.com15 May 2026

Mumbai Police have registered an FIR against former Yes Bank MD and CEO Rana Kapoor and others for alleged illegal transfer of mortgaged property worth Rs 1,000 crore.

Why ED Raided Pinarayi Vijayan's Residence

Why ED Raided Pinarayi Vijayan's Residence

Rediff.com27 May 2026

The Enforcement Directorate conducted searches at the residences of former Kerala chief minister Pinarayi Vijayan and his family members as part of its money laundering probe linked to the CMRL case involving his daughter.

AU Small Finance Bank Pioneers AI-Native Loan Origination

AU Small Finance Bank Pioneers AI-Native Loan Origination

Rediff.com12 May 2026

AU Small Finance Bank has launched its first AI-native loan origination system, built on the Broccoli platform, in partnership with Amazon Web Services. This deployment marks a significant step towards becoming a fully AI-native bank, replacing traditional systems with a hyper-personalised sales and servicing platform.

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.

Rajasthan Anti-Narcotics Task Force Busts Illegal Drug Operations

Rajasthan Anti-Narcotics Task Force Busts Illegal Drug Operations

Rediff.com11 Apr 2026

The Rajasthan Anti-Narcotics Task Force (ANTF) conducted coordinated raids across multiple districts, seizing large quantities of narcotics and arresting seven individuals as part of 'Operation Ganjajuli'.

Want To Be A Mounjaro Bride: Is It Worth It?

Want To Be A Mounjaro Bride: Is It Worth It?

Rediff.com26 May 2026

'Don't chase unrealistic expectations or compare yourself to social media transformations.' 'Focus on your health first, not just the number on the scale before the wedding.'

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.

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.

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

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

Rediff.com20 May 2026

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.

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.

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.

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.

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.com17 May 2026

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.

NPCI Bhim Aims To Double Market Share

NPCI Bhim Aims To Double Market Share

Rediff.com20 May 2026

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.

Doctor Found Dead In Hostel Room In Agra

Doctor Found Dead In Hostel Room In Agra

Rediff.com27 Apr 2026

A 28-year-old woman doctor, pursuing her MD, was found dead in her hostel room at the Institute of Mental Health and Hospital in Agra under suspicious circumstances, police said.

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.

Delhi Man Dies After Being Run Over by JCB; Driver in Custody

Delhi Man Dies After Being Run Over by JCB; Driver in Custody

Rediff.com28 Mar 2026

A 27-year-old man died after being run over by a JCB machine in Delhi's Shakurpur area. The driver has been arrested and an investigation is underway.

B12 The Wonder Vitamin: 6 Benefits

B12 The Wonder Vitamin: 6 Benefits

Rediff.com25 Mar 2026

Vitamin B12 or cobalamin is a vital nutrient that crucially supports the proper functioning of your nervous system and has a role in the production of red blood cells, apart from being good for your bones, eyes, hair, skin

Tragedy In Jharkhand: Woman And Daughters Drown

Tragedy In Jharkhand: Woman And Daughters Drown

Rediff.com19 Apr 2026

A woman and her two daughters drowned in a pond in Jharkhand's Chatra district while washing clothes, after the younger daughter slipped into deep water and the mother and elder daughter attempted a rescue.

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.

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.

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.

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.

87% voter turnout recorded till 5 pm as Bengal repoll in 15 booths ends

87% voter turnout recorded till 5 pm as Bengal repoll in 15 booths ends

Rediff.com2 May 2026

Repolling is taking place in 15 booths across two assembly constituencies in West Bengal's South 24 Parganas district, following reports of electoral malpractices during the previous phase of voting. The Election Commission ordered the repolls, and voting is being conducted under tight security with webcasting to monitor the proceedings.

PCOS Is Now PMOS: Why This Change Matters

PCOS Is Now PMOS: Why This Change Matters

Rediff.com14 May 2026

PCOS is being renamed PMOS. Dr Anagha Menon breaks down why the one alphabet change matters and how it affects the diagnosis of this condition for so many women.

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.com16 May 2026

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.