News for 'Managing Director'

Government clears the track for Formula One's long-awaited India return

Government clears the track for Formula One's long-awaited India return

Rediff.com17 Jul 2026

India's government is working to resolve tax and regulatory hurdles to bring Formula One back to the Buddh International Circuit on the outskirts of New Delhi in 2028, more than a decade after the race was dropped.

Novo Nordisk introduces 'Awiqli', a once-weekly insulin injection for diabetes in India

Novo Nordisk introduces 'Awiqli', a once-weekly insulin injection for diabetes in India

Rediff.com9 Jul 2026

Danish pharma major Novo Nordisk has launched 'Awiqli' in India, a once-weekly basal insulin injection for adults with diabetes, aiming to simplify treatment and reduce the burden of daily injections.

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.com6 days ago

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.

Southampton's Utilita Bowl to host first men's Ashes Test in 2025

Southampton's Utilita Bowl to host first men's Ashes Test in 2025

Rediff.com5 days ago

Southampton's Utilita Bowl will host a men's Ashes Test for the first time in 2025, as the England and Wales Cricket Board (ECB) announced the concurrent scheduling of the men's and women's Ashes series against Australia, mirroring the successful 2023 format.

Mercedes-Benz India to launch more hybrid vehicles, undeterred by policy support gaps

Mercedes-Benz India to launch more hybrid vehicles, undeterred by policy support gaps

Rediff.com5 days ago

Mercedes-Benz India plans to continue introducing hybrid vehicles, including the new AMG E 53 plug-in hybrid EV, to meet consumer demand, viewing hybrids as a crucial bridge to full electrification despite the absence of supportive government policies.

Why Cricket's Olympic Inclusion At LA 2028 Is A Game-Changer!

Why Cricket's Olympic Inclusion At LA 2028 Is A Game-Changer!

Rediff.com1 days ago

Cricket's inclusion in the 2028 Los Angeles Olympics is a strategic move by Olympic leaders to tap into India's massive fan base and commercial power, aiming to attract billions of new viewers and strengthen the Games' appeal in key markets.

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.com5 days ago

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.

What's Mukeshbhai Doing At Kedarnath?

What's Mukeshbhai Doing At Kedarnath?

Rediff.com16 Jun 2026

During his visit to Kedarnath Dham in Rudraprayag, Uttarakhand, Reliance Industries Chairman and Managing Director Mukesh Ambani donated Rs 10 crore (Rs 100 million) to the temple committee to support the development of pilgrim facilities and infrastructure.

Reliance succession 'almost complete' as children take charge: Mukesh Ambani

Reliance succession 'almost complete' as children take charge: Mukesh Ambani

Rediff.com19 Jun 2026

Billionaire Mukesh Ambani announced that the transfer of day-to-day management responsibilities at Reliance Industries to his children, Akash, Isha, and Anant, is "almost complete," marking the final stages of a significant succession process for India's most valuable company.

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.

IndiGo posts Rs 238 crore Q1 net loss due to rising fuel costs, West Asia turbulence

IndiGo posts Rs 238 crore Q1 net loss due to rising fuel costs, West Asia turbulence

Rediff.com5 days ago

IndiGo, India's largest airline, reported a net loss of Rs 238 crore for the June quarter, primarily attributed to a significant surge in fuel prices and operational constraints stemming from the West Asia conflict.

Strong H1 Numbers May Propel Passenger Vehicles to Record 2026 Sales

Strong H1 Numbers May Propel Passenger Vehicles to Record 2026 Sales

Rediff.com1 days ago

India's passenger vehicle industry is poised for a record-breaking year in 2026, propelled by robust dispatches in the first half of the calendar year and strong demand for utility vehicles, despite facing several economic challenges.

Pep Guardiola turns down Italy role as search for coach continues

Pep Guardiola turns down Italy role as search for coach continues

Rediff.com4 days ago

Former Manchester City and Barcelona manager Pep Guardiola has turned down the opportunity to coach the Italy national team, a source familiar with the discussions said on Friday, confirming media reports.

Spain Vs Argentina FIFA World Cup Final Shatters US Viewership Records

Spain Vs Argentina FIFA World Cup Final Shatters US Viewership Records

Rediff.com6 days ago

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.

CRPF to review RAF actions, pellet gun use during Jantar Mantar protests

CRPF to review RAF actions, pellet gun use during Jantar Mantar protests

Rediff.com1 days ago

The Central Reserve Police Force (CRPF) will conduct a "professional post-event assessment" into the Rapid Action Force's (RAF) alleged use of pellet guns against anti-NEET protestors during a March 20 demonstration towards Parliament. This review follows the dispersal of protestors and aims to evaluate the circumstances and adherence to protocols regarding the use of crowd control measures.

Enforcement Directorate Searches Kolkata Police Officer's Premises

Enforcement Directorate Searches Kolkata Police Officer's Premises

Rediff.com19 Apr 2026

The Enforcement Directorate conducted raids at the premises of Kolkata Police Deputy Commissioner Shantanu Sinha Biswas and a local businessman as part of a money laundering probe against an alleged criminal and his linked syndicate.

Govt bars telecom infra firms from overseas data transfer

Govt bars telecom infra firms from overseas data transfer

Rediff.com4 days ago

India's government has implemented stringent new regulations under the Telecommunications Act 2023, mandating that all communication infrastructure providers, including those utilising cloud-based networks, must store telecommunication data exclusively within the country, a move expected to significantly impact domestic data centre demand.

Infosys trims FY27 revenue guidance, citing 'uncertain macros'

Infosys trims FY27 revenue guidance, citing 'uncertain macros'

Rediff.com4 days ago

Infosys has revised down the upper end of its revenue growth target for financial year 2027 (FY27) to 1.5-3 per cent, from the earlier 1.5-3.5 per cent, attributing the change to persistent macroeconomic uncertainty and a one-time client impact.

Hormuz Closure Tests India's Energy Security

Hormuz Closure Tests India's Energy Security

Rediff.com13 Jul 2026

'Energy prices would shoot up with the closure of Hormuz again.'

Canadian Open laments Sinner, Djokovic withdrawals, calls for ATP schedule review

Canadian Open laments Sinner, Djokovic withdrawals, calls for ATP schedule review

Rediff.com3 days ago

The Canadian Open has voiced its disappointment over the withdrawals of Jannik Sinner and Novak Djokovic, highlighting a 'broader issue' of top players missing ATP 1000 events due to demanding schedules, prompting calls for adjustments to protect tournament integrity.

Skyroot's Success Changes India's Space Future

Skyroot's Success Changes India's Space Future

Rediff.com20 Jul 2026

'The Indian private space sector is no longer a high-risk bet; it is a highly bankable, globally competitive asset class capable of easing the global small satellite launch bottleneck.'

Jio to develop sovereign LEO satellite constellation, partner global providers

Jio to develop sovereign LEO satellite constellation, partner global providers

Rediff.com19 Jun 2026

Jio Platforms managing director Akash Ambani announced plans for Jio to develop a sovereign Low Earth Orbit (LEO) satellite constellation and partner with global providers to extend connectivity to remote areas of India, aiming to strengthen India's self-reliance in space.

Cooperative Official Arrested In Odisha For Rs 75 Lakh Fraud

Cooperative Official Arrested In Odisha For Rs 75 Lakh Fraud

Rediff.com22 May 2026

Odisha Vigilance arrested a cooperative official, Tarini Prasad Tripathy, for his alleged involvement in a Rs 75 lakh fraud case at K Singhpur Large Area Multi-Purpose Co-operative Society (LAMPCS) in Rayagada district.

Claude AI Now More Accessible With Rupee Pricing In India

Claude AI Now More Accessible With Rupee Pricing In India

Rediff.com14 Jul 2026

Anthropic has introduced Rupee-denominated pricing for its Claude AI assistant in India, making its Pro and Max plans more accessible to one of its largest user communities. This move, alongside the opening of its Bengaluru office and increased revenue, highlights Anthropic's growing focus on the Indian market, a sentiment echoed by rival OpenAI.

Tech Mahindra's Q1 Net Profit Surges 28.4% to Rs 1,465 Crore, Signals Strong Demand

Tech Mahindra's Q1 Net Profit Surges 28.4% to Rs 1,465 Crore, Signals Strong Demand

Rediff.com16 Jul 2026

IT major Tech Mahindra reported a 28.4 per cent increase in consolidated net profit for the June quarter, reaching Rs 1,465 crore, driven by broad-based growth across manufacturing and financial services, and expressed confidence in a positive demand environment for the rest of the year.

Govt allows FDI in inventory-based e-commerce model only for export purposes

Govt allows FDI in inventory-based e-commerce model only for export purposes

Rediff.com5 days ago

The Indian government has permitted Foreign Direct Investment (FDI) in an inventory-based e-commerce model exclusively for the export of domestically manufactured or produced goods, aiming to boost outbound shipments without affecting small local retailers.

Italy approached Ancelotti before Guardiola for national coach role

Italy approached Ancelotti before Guardiola for national coach role

Rediff.com4 days ago

Italy's technical director Paolo Maldini revealed that the Italian Football Federation (FIGC) first approached Carlo Ancelotti for the national team coaching job before engaging with Pep Guardiola, as they seek to rebuild the Azzurri after failing to qualify for a third consecutive World Cup.

Emirates NBD buys majority stake in RBL Bank for $2.75 bn

Emirates NBD buys majority stake in RBL Bank for $2.75 bn

Rediff.com18 Jun 2026

Emirates NBD Bank has successfully acquired a 60 per cent majority stake in RBL Bank through a primary capital infusion of approximately USD 2.75 billion, marking the largest foreign direct investment in India's banking sector.

TVS Motor Inducts Ravindran Shanmugam As Independent Director

TVS Motor Inducts Ravindran Shanmugam As Independent Director

Rediff.com14 May 2026

TVS Motor Company has appointed Ravindran Shanmugam, a technology entrepreneur and business leader, as an independent director for a five-year term, effective May 13, subject to shareholder approval.

Anil Ambani Aide In CBI Custody Over Rs 9,280 Crore Fraud

Anil Ambani Aide In CBI Custody Over Rs 9,280 Crore Fraud

Rediff.com10 Jun 2026

Amitabh Jhunjhunwala, former Managing Director of the Anil Dhirubhai Ambani Group, has been remanded in CBI custody in an alleged bank fraud case involving Reliance Commercial Finance Limited (RCFL) worth Rs 9,280 crore. The CBI alleges misappropriation of loan funds and violations of RBI guidelines, while Jhunjhunwala's lawyers claim he is a scapegoat.

IHCL's Q1 net profit up 20% despite West Asia tensions impacting international travel

IHCL's Q1 net profit up 20% despite West Asia tensions impacting international travel

Rediff.com6 days ago

Indian Hotels Company (IHCL) reported a 20.8 per cent year-on-year rise in net profit for Q1 FY27, reaching 357.9 crore, despite macroeconomic headwinds like geopolitical tensions in West Asia impacting international travel and airline catering business.

Shipping firms asked to avoid sending Indian sailors on vessels through Hormuz

Shipping firms asked to avoid sending Indian sailors on vessels through Hormuz

Rediff.com16 Jul 2026

The Directorate General of Maritime Administration (DGMA) has instructed shipping companies to avoid deploying Indian sailors on vessels transiting the Strait of Hormuz due to the ongoing West Asia crisis, following recent attacks on two vessels carrying Indian seafarers.

'Next Two Quarters Will Be Tough For Markets'

'Next Two Quarters Will Be Tough For Markets'

Rediff.com7 days ago

'I don't see fear becoming a dominant factor for retail investors.'

Andrea Pirlo's Italy coach bid ends amid Russian betting company controversy

Andrea Pirlo's Italy coach bid ends amid Russian betting company controversy

Rediff.com1 days ago

Former Italy international Andrea Pirlo has withdrawn from contention for the national team's head coach position after his commercial ties to Russian betting company Fonbet drew significant criticism and opposition from Italian football officials and lawmakers.

US Congress Pays Tribute To Indian-American Tech Leader Sivaramakrishnan Somasegar

US Congress Pays Tribute To Indian-American Tech Leader Sivaramakrishnan Somasegar

Rediff.com13 Jun 2026

The US Congress has paid tribute to the late Indian-American entrepreneur Sivaramakrishnan Somasegar, known as 'Soma', for his significant contributions to Microsoft and the broader technology sector. Congresswoman Suzan DelBene highlighted his impactful career at Microsoft, his role in fostering new startups, and his community involvement, including co-founding the Seattle Orcas cricket team.

Derek O'Brien questions ED action, asks why not freeze temple funds too?

Derek O'Brien questions ED action, asks why not freeze temple funds too?

Rediff.com10 Jul 2026

Trinamool Congress leader Derek O'Brien questioned the Enforcement Directorate's decision to freeze three of the party's bank accounts, worth Rs 440 crore, under the anti-money laundering law. He controversially asked when the ED would freeze "temple funds," in an apparent reference to alleged financial irregularities at the Ram temple in Ayodhya, amidst opposition demands for a judicial probe into the matter.

Russia controversy derails Andrea Pirlo's Italy hopes?

Russia controversy derails Andrea Pirlo's Italy hopes?

Rediff.com2 days ago

Andrea Pirlo's potential appointment as Italy's head coach is facing significant political opposition due to his commercial ties as a global ambassador for Russian betting company Fonbet, with Italian parliamentarians and football federation figures expressing concerns.

After Trent, Noel Tata to step down as Voltas chairman

After Trent, Noel Tata to step down as Voltas chairman

Rediff.com30 Jun 2026

Noel Tata, a veteran of the Tata group, announced his decision to step down as the chairman of Voltas, following a similar move at Trent, citing the development of a new generation of leaders within the company.

Enforcement Directorate Raids Kolkata Police Officer In Money Laundering Case

Enforcement Directorate Raids Kolkata Police Officer In Money Laundering Case

Rediff.com19 Apr 2026

The Enforcement Directorate (ED) conducted raids on the premises of Kolkata Police Deputy Commissioner Shantanu Sinha Biswas and another individual as part of a money laundering investigation against an alleged criminal syndicate in West Bengal.

Supriya Sule's daughter gets married; Bhagwat, Rahul attend

Supriya Sule's daughter gets married; Bhagwat, Rahul attend

Rediff.com22 Jun 2026

Here are who's who attending the wedding.