News for 'MD'

Hyundai Motor India reports 35% decline in Q1 PAT, cites 'challenging quarter'

Hyundai Motor India reports 35% decline in Q1 PAT, cites 'challenging quarter'

Rediff.com31 Jul 2026

Hyundai Motor India Ltd reported a 35 per cent decline in consolidated profit after tax to Rs 888.62 crore in the first quarter ended June 30, impacted by lower revenue and higher expenses, with MD & CEO Tarun Garg noting it was a "challenging quarter".

Tata Motors PV: Margin Pressures May Dampen Strong Volume Growth

Tata Motors PV: Margin Pressures May Dampen Strong Volume Growth

Rediff.com22 Aug 2026

Tata Motors Passenger Vehicles (TMPV) reported Q1FY27 results showing significant margin pressures at both Jaguar Land Rover (JLR) and its domestic operations, despite strong volume growth in the India business. Analysts expect these margin headwinds to persist, potentially offsetting gains from increased sales and new launches.

'No life-threatening injury': Police reject CJP claim over Bankura death

'No life-threatening injury': Police reject CJP claim over Bankura death

Rediff.com18 Aug 2026

The West Bengal police rejected claims that a Bankura man died following a "brutal physical assault" on the father of a CJP activist, saying he had sustained only a minor injury during an alleged attack at his residence and later died after being admitted to hospital following severe blood pressure fluctuations.

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

Rediff.com24 Aug 2026

A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.

Tata Motors' Q1 Net Profit Jumps 83% on Strong Sales, Iveco Acquisition Nears

Tata Motors' Q1 Net Profit Jumps 83% on Strong Sales, Iveco Acquisition Nears

Rediff.com12 Aug 2026

Commercial vehicle manufacturer Tata Motors Ltd reported an impressive 83 per cent increase in consolidated net profit, reaching Rs 2,556 crore for the first quarter ending June 30, primarily boosted by a significant mark-to-market gain on investments in Tata Capital Ltd.

Delhi Police Investigate Death Threats To Defence Firm MD

Delhi Police Investigate Death Threats To Defence Firm MD

Rediff.com8 May 2026

Delhi Police have launched an investigation into fresh death threats received by a defence entrepreneur, allegedly from an international extortion network. The threats target Sahil Luthra, MD of Vijayen Trishul Defence Solutions, who reported receiving a threatening voice note.

Phuket flight incident: Air India pilot tests positive for marijuana

Phuket flight incident: Air India pilot tests positive for marijuana

Rediff.com11 Aug 2026

The pilot-in-command of an Air India Phuket-Delhi flight that experienced a sudden 300-foot altitude drop last week has tested positive for a psychoactive substance, identified by sources as marijuana, in a confirmatory test. This development comes as Civil Aviation Minister K Rammohan Naidu met with Air India executives to discuss the serious incident, which left 24 people injured.

'The Core Issue Was Chandrasekaran's Tenure'

'The Core Issue Was Chandrasekaran's Tenure'

Rediff.com13 Aug 2026

'Chandrasekaran wanted a five-year extension, but the Tata Group has a policy of 65 years as the retirement age for its executive chairman.'

Startups Bet Big on Quick Commerce

Startups Bet Big on Quick Commerce

Rediff.com13 Aug 2026

For these startups, qcom is emerging as a launch and discovery platform, not simply a fulfilment channel.

How Air India Fared Under Chandra

How Air India Fared Under Chandra

Rediff.com13 Aug 2026

Air India Group has accumulated losses of about Rs 47,821 crore since its takeover, leaving its prolonged transformation among the biggest unfinished projects of N Chandrasekaran's tenure.

How 'Boss Scam' Cyber Fraud Targets Indian Companies

How 'Boss Scam' Cyber Fraud Targets Indian Companies

Rediff.com17 Jul 2026

India's markets regulator, Sebi, has issued a warning to listed companies and regulated entities about an emerging cyber fraud known as the "Boss Scam." This scam involves fraudsters impersonating senior officials like CEOs or MDs to trick finance teams into transferring funds, often using advanced AI tools or malicious software. Sebi advises organisations to verify requests independently and report incidents to prevent financial losses.

Have taken all steps to learn from Dec disruption: IndiGo's Bhatia

Have taken all steps to learn from Dec disruption: IndiGo's Bhatia

Rediff.com29 Jul 2026

IndiGo Managing Director Rahul Bhatia has stated that the airline has 'taken all the necessary steps' to learn from the operational disruption faced in December last year, while outlining a long-term vision focused on customer trust, international expansion, and establishing India as a global aviation hub.

MD Student Found Dead in Meerut, Suicide Suspected

MD Student Found Dead in Meerut, Suicide Suspected

Rediff.com4 Mar 2026

A 29-year-old doctor, originally from Tamil Nadu and pursuing his MD in Meerut, was found dead in his rented accommodation in a suspected suicide case.

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Rediff.com11 Aug 2026

Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.

Indian Squash Star Sanya Vats Reaches HCL Challenger Semifinals

Indian Squash Star Sanya Vats Reaches HCL Challenger Semifinals

Rediff.com13 Jul 2026

Sanya Vats is the only Indian player to qualify for the semifinals of the HCL Squash PSA Challenger Tour in Chennai, defeating compatriot Unnati Tripathi in the quarterfinals. She is set to face top seed Rouqaia Othman of Egypt in the next round.

5 Early Signs Of Hepatitis: Don't Ignore

5 Early Signs Of Hepatitis: Don't Ignore

Rediff.com28 Jul 2026

Hepatitis is a condition that causes the liver to become inflamed. Make sure you treat it early.

Amid NEET outrage, Odisha medical PG exam paper shared on social media

Amid NEET outrage, Odisha medical PG exam paper shared on social media

Rediff.com30 Jul 2026

A question paper for the All Odisha Medical PG Examination was allegedly shared on social media platforms, specifically WhatsApp groups, while the exam was underway. This incident, which occurred during the General Surgery paper for the 2023-26 batch, has prompted an internal investigation by the Odisha University of Health Sciences, even as officials deny it was a "leak" as the paper emerged during the test.

Passenger Vehicle Sales in India Soar 33% in July, Driven by Maruti Suzuki and Hyundai's Record Performance

Passenger Vehicle Sales in India Soar 33% in July, Driven by Maruti Suzuki and Hyundai's Record Performance

Rediff.com1 Aug 2026

Passenger vehicle dispatches in the domestic Indian market are estimated to have surged by 33 per cent to approximately 4.7 lakh units in July, with market leaders Maruti Suzuki and Hyundai reporting record sales, alongside significant growth from Tata Motors and Mahindra & Mahindra.

Sun Pharma sees 27% profit surge in Q1FY27, driven by India and innovative medicines

Sun Pharma sees 27% profit surge in Q1FY27, driven by India and innovative medicines

Rediff.com1 Aug 2026

Sun Pharmaceutical Industries reported a 27 per cent year-on-year increase in consolidated net profit to 2,894.7 crore for Q1FY27, with revenue growing 10 per cent to 15,299.8 crore, driven by strong performance in India and innovative medicines.

Mumbai Falcons To Host F1 Sim Racing India Open Trials

Mumbai Falcons To Host F1 Sim Racing India Open Trials

Rediff.com23 Jul 2026

Mumbai Falcons Racing Limited (MFRL) is hosting the F1 Sim Racing India Open 2026 Time Trials in New Delhi, a talent hunt offering aspiring racers a chance to enter professional motorsport with a significant prize pool and a driver development fund.

India's Youth Hockey Teams Maintain Unbeaten Streak In Asia

India's Youth Hockey Teams Maintain Unbeaten Streak In Asia

Rediff.com23 Jul 2026

India's sub-junior men's and women's hockey teams secured impressive victories at the FIH Youth Hockey5s Asian Championship in Muscat, extending their unbeaten runs. The women's team thrashed Kazakhstan 10-0, while the men's team defeated Bangladesh 8-3, showcasing strong performances in the tournament which serves as a World Cup qualifier.

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Rediff.com4 Aug 2026

Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.

HDFC Bank's Workforce Shrinks by 3,343 in FY26 Despite Balance Sheet Expansion

HDFC Bank's Workforce Shrinks by 3,343 in FY26 Despite Balance Sheet Expansion

Rediff.com14 Jul 2026

HDFC Bank, India's largest private sector lender, reported a reduction of 3,343 employees in FY26, bringing its total workforce to 2,11,178, even as its balance sheet expanded by 12 per cent. The bank's MD and CEO, Sashidhar Jagdishan, attributed the headcount reduction to redeploying talent from back-end functions to customer-facing roles due to technology-led efficiencies. The annual report also addressed the challenging resignation of part-time chairman Atanu Chakraborty, which raised questions about the bank's governance standards.

Manipal Health to launch India's largest healthcare IPO on July 29, aiming for Rs 9,275 crore

Manipal Health to launch India's largest healthcare IPO on July 29, aiming for Rs 9,275 crore

Rediff.com25 Jul 2026

Manipal Health Enterprises is set to launch India's largest healthcare initial public offering (IPO) on July 29, aiming to raise Rs 9,275.22 crore to fund expansion and debt reduction, with the issue closing on July 31.

Indian Squash Player Sanya Vats Exits HCL Challenger Semifinals

Indian Squash Player Sanya Vats Exits HCL Challenger Semifinals

Rediff.com14 Jul 2026

Indian fourth seed Sanya Vats was defeated by top seed Rouqaia Othman of Egypt in the semifinals of the HCL Squash PSA Challenger Tour in Chennai, ending her impressive run in the tournament.

IPO Rush: Zepto, Shiprocket, Truhome Finance set for August debut

IPO Rush: Zepto, Shiprocket, Truhome Finance set for August debut

Rediff.com26 Jul 2026

More than a dozen companies, including quick commerce firm Zepto, logistics platform Shiprocket, and housing finance company Truhome Finance, are preparing to launch their initial public offerings (IPOs) next month, collectively aiming to raise over Rs 25,000 crore.

Andhra Pradesh, PNB Launch Quantum Finance Hub For Banking Innovation

Andhra Pradesh, PNB Launch Quantum Finance Hub For Banking Innovation

Rediff.com23 Jul 2026

Andhra Pradesh and Punjab National Bank (PNB) have signed an MoU to establish the PNB Quantum Finance Hub at Amaravati Quantum Valley. This initiative aims to foster innovation and adopt next-generation technologies like AI and Quantum Computing in the banking sector, focusing on cybersecurity, fraud detection, and customer experience.

Infosys Q1 Net Profit Up 12.2%, Lowers Full-Year Revenue Growth Forecast

Infosys Q1 Net Profit Up 12.2%, Lowers Full-Year Revenue Growth Forecast

Rediff.com23 Jul 2026

Infosys reported a 12.2 per cent year-on-year increase in consolidated net profit for the June quarter, reaching Rs 7,769 crore, but simultaneously lowered its full-year FY27 revenue growth outlook to 1.5-3 per cent, citing an uncertain macro-environment.

HDFC Life, ICICI Pru report strong Q1 profit growth, driven by premiums

HDFC Life, ICICI Pru report strong Q1 profit growth, driven by premiums

Rediff.com17 Jul 2026

HDFC Life Insurance and ICICI Prudential Life Insurance have reported double-digit growth in profitability for the first quarter of FY27, buoyed by healthy premium collections and increased investment income, with HDFC Life's net profit rising 11.9% and ICICI Pru's by 27.8%.

Nestle India reports 48.26% jump in Q1 net profit to Rs 958.68 crore

Nestle India reports 48.26% jump in Q1 net profit to Rs 958.68 crore

Rediff.com22 Jul 2026

FMCG giant Nestle India reported a significant 48.26 per cent year-on-year increase in consolidated net profit, reaching Rs 958.68 crore in the June quarter of this financial year, driven by strong volume growth and consumer trust.

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

Rediff.com25 Jul 2026

State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.

HCLTech CEO C Vijayakumar's Salary Jumps 67% to $18.13 Million in FY26

HCLTech CEO C Vijayakumar's Salary Jumps 67% to $18.13 Million in FY26

Rediff.com21 Jul 2026

HCLTech CEO C Vijayakumar's total salary for the financial year 2025-26 surged by nearly 66.9 per cent to $18.13 million, primarily driven by long-term incentives and stock options, placing him at the top among his Indian IT sector peers.

MG Motor launches India's first multi-powertrain new energy vehicle platform

MG Motor launches India's first multi-powertrain new energy vehicle platform

Rediff.com17 Jul 2026

JSW MG Motor India has unveiled ADAPT, India's first multi-powertrain new energy vehicle (NEV) platform, designed to support electric, hybrid, plug-in hybrid, and range-extender electric vehicles. The company plans to launch one electric SUV and one plug-in hybrid SUV based on this architecture during FY27, aiming to broaden its NEV portfolio and accelerate adoption in India.

Monsoon Getaways Drive Travel Bookings

Monsoon Getaways Drive Travel Bookings

Rediff.com17 Jul 2026

Popular monsoon destinations include Kerala, Goa, Wayanad, Munnar, Mussoorie, Nainital, Bali, Thailand and the Maldives.

Bajaj Auto to expand annual capacity to over 9 million vehicles after record Q1 performance

Bajaj Auto to expand annual capacity to over 9 million vehicles after record Q1 performance

Rediff.com22 Jul 2026

Bajaj Auto plans to increase its annual production capacity by nearly 25 per cent, from around 7 million to over 9 million vehicles, in the coming quarters. This expansion is driven by strong export demand and rapid growth in electric vehicles, which have stretched current capacity across key product segments.

Sensex drops 370 points on renewed geopolitical tensions

Sensex drops 370 points on renewed geopolitical tensions

Rediff.com29 Jun 2026

Benchmark equity indices Sensex and Nifty ended lower on Monday as renewed hostilities between the US and Iran and rising oil prices unnerved investors. The 30-share BSE Sensex declined 372.10 points, or 0.48 per cent, to settle at 76,728.37.

Wipro's Q1 FY27 profit nearly flat at Rs 3,352 crore, revenue up 11%

Wipro's Q1 FY27 profit nearly flat at Rs 3,352 crore, revenue up 11%

Rediff.com16 Jul 2026

IT major Wipro reported a nearly flat consolidated net profit of Rs 3,352 crore in the April-June quarter of FY27, a marginal increase from Rs 3,330.4 crore in the year-ago period, while revenue from operations grew 10.6 per cent to Rs 24,478.6 crore.

Doctor, Home Guards, Lawyer Among 19 Arrested in Bilaspur Snakebite Compensation Scam

Doctor, Home Guards, Lawyer Among 19 Arrested in Bilaspur Snakebite Compensation Scam

Rediff.com21 Jul 2026

Nineteen individuals, including a doctor, two home guards, and a lawyer, have been arrested in Chhattisgarh's Bilaspur district for allegedly orchestrating a scam that involved forging post-mortem reports to fraudulently claim Rs 64 lakh in snakebite compensation.

NEET-PG 2026: What Happened To The Zero Percentile Policy?

NEET-PG 2026: What Happened To The Zero Percentile Policy?

Rediff.com7 Jul 2026

One of the most important provisions this year is that qualifying NEET-PG does not automatically guarantee participation in counselling.

Two Manipur Police Constables Held In Major Drug Seizure

Two Manipur Police Constables Held In Major Drug Seizure

Rediff.com12 Jun 2026

Four individuals, including two Manipur police constables, were arrested in Kangpokpi district for allegedly transporting 6.1 kg of Yaba tablets, a synthetic drug. The arrests followed a police interception on National Highway-2.