News for 'Market Development'

HSBC emerges as top international bank for Indian corporate fundraising

HSBC emerges as top international bank for Indian corporate fundraising

Rediff.com6 days ago

HSBC has emerged as the leading international bank in facilitating fundraising for Indian companies through bonds, syndicated loans, and IPOs during January-September 2026, according to Hitendra Dave, CEO of HSBC India.

Punjab observes state-wide bandh over anti-drug activist's murder

Punjab observes state-wide bandh over anti-drug activist's murder

Rediff.com2 days ago

A state-wide bandh was observed across Punjab on Thursday following the murder of anti-drug activist Parvinder Singh Jhota in Mansa. Markets and educational institutions remained shut, and roads were blocked by protesters, disrupting traffic. Jhota was shot on Tuesday for questioning the illegal sale of addictive drugs. His family, supported by various political parties and farmer unions, has refused to perform his last rites until justice is delivered, demanding resignations of top officials and a CBI probe. The incident has intensified the political debate on drug menace and law and order in Punjab.

No NSE Proposal for Self-Trading, Will Examine UPI MDR Concerns: Sebi

No NSE Proposal for Self-Trading, Will Examine UPI MDR Concerns: Sebi

Rediff.com17 Sep 2026

SEBI Chairman Tuhin Kanta Pandey stated that the National Stock Exchange (NSE) has not submitted any proposal seeking approval to trade on its own platform after getting listed, and such trading is currently not permitted. He also confirmed that SEBI would examine concerns raised by brokers and asset management companies regarding the new UPI Merchant Discount Rate (MDR) framework.

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Rediff.com3 Aug 2026

Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.

Kochi Police Uncover Suspected Conspiracy After Synagogue Arson Arrest

Kochi Police Uncover Suspected Conspiracy After Synagogue Arson Arrest

Rediff.com4 days ago

A 32-year-old man, Ebin B Paul, has been arrested in Kochi for allegedly setting fire to a plant nursery in front of a synagogue. Police suspect a wider conspiracy and have seized various narcotic substances from his residence during the investigation. The incident occurred on September 12.

Jio Platforms IPO set to be India's largest, may list among top 3 stocks

Jio Platforms IPO set to be India's largest, may list among top 3 stocks

Rediff.com6 Oct 2026

Jio Platforms' upcoming initial public offering (IPO) is anticipated to be India's largest to date, potentially listing among the top three stocks with a valuation of around Rs 12 lakh crore, and is expected to proceed without an offer-for-sale as current investors show no interest in diluting their holdings.

GE Aerospace To Double India Supply Chain Investment By 2030

GE Aerospace To Double India Supply Chain Investment By 2030

Rediff.com6 days ago

GE Aerospace is set to significantly increase its supply chain spending in India, targeting USD 400 million by 2030, up from USD 200 million in 2025. This expansion reflects the company's commitment to India's burgeoning aviation market, driven by substantial aircraft orders and the strategic importance of its manufacturing and technology centres in Pune and Bengaluru.

IRDAI proposals could slash broker revenues by 70%, lead to 10 lakh job losses: IBAI

IRDAI proposals could slash broker revenues by 70%, lead to 10 lakh job losses: IBAI

Rediff.com6 Oct 2026

The Insurance Brokers Association of India (IBAI) has warned that the IRDAI's proposed overhaul of insurance distribution practices could lead to a 70 per cent fall in revenues for intermediaries and result in 10 lakh job losses, citing concerns over the tight feedback deadline and the global uniqueness of the proposed architecture.

TCS to hire 80% of new workforce with digital, AI skills; AI work to expand profitability

TCS to hire 80% of new workforce with digital, AI skills; AI work to expand profitability

Rediff.com6 days ago

Tata Consultancy Services (TCS) plans for 80% of its new hires to possess digital and Artificial Intelligence (AI) skills, anticipating that the growing share of AI-led work will significantly boost its profit margins.

Indian Markets Today: Sensex, Nifty Decline as Crude Hits $91

Indian Markets Today: Sensex, Nifty Decline as Crude Hits $91

Rediff.com18 Aug 2026

Indian benchmark indices Sensex and Nifty experienced declines in early trade, driven by a surge in Brent crude oil prices above USD 91 per barrel due to escalating tensions between Iran and the US, alongside an increase in US 10-year bond yields. Track Sensex, Nifty on August 18.

Sebi to overhaul SME listing framework, tighten AI/ML accountability in financial markets

Sebi to overhaul SME listing framework, tighten AI/ML accountability in financial markets

Rediff.com20 Aug 2026

The Securities and Exchange Board of India (Sebi) is set to undertake a comprehensive overhaul of the small and medium enterprise (SME) listing framework and tighten accountability around the use of artificial intelligence (AI) and machine learning (ML) in financial markets, Sebi Chairman Tuhin Kanta Pandey announced.

Nifty gains on Brent crude pullback, but analysts warn of continued volatility

Nifty gains on Brent crude pullback, but analysts warn of continued volatility

Rediff.com6 Oct 2026

Indian equity markets, led by the Nifty 50, saw gains following a pullback in Brent crude prices towards $101-102 a barrel and weaker-than-anticipated US jobs data, which eased concerns about a Fed rate hike. However, analysts caution that markets are likely to remain volatile in the near term.

TCS: US unlikely to target tech firms by domicile, focuses on local jobs

TCS: US unlikely to target tech firms by domicile, focuses on local jobs

Rediff.com6 days ago

TCS chief executive and managing director K Krithivasan stated that the US is unlikely to target tech companies based on their domicile, with actions like the recent green card application programme suspension being driven by local sensitivities around jobs.

NCB Seizes Rs 43 Crore Methamphetamine In Assam, Two Arrested

NCB Seizes Rs 43 Crore Methamphetamine In Assam, Two Arrested

Rediff.com7 days ago

The Narcotics Control Bureau (NCB) in Guwahati has arrested two individuals from Manipur and seized over 53 kgs of methamphetamine, valued at more than Rs 43 crore, hidden in truck fuel tanks in Assam. The consignment, sourced from Myanmar, was intercepted on October 6, and a probe is underway to identify the network involved.

'India needs deeper bond, forex, derivatives markets for Viksit Bharat'

'India needs deeper bond, forex, derivatives markets for Viksit Bharat'

Rediff.com28 Jul 2026

Reserve Bank of India Deputy Governor Rohit Jain has stated that India cannot rely solely on bank balance sheets to fund the extensive investment required for its 'Viksit Bharat' (developed India) goal by 2047, emphasising the critical need for deeper corporate bond, foreign exchange, and derivatives markets.

Elon Musk: Starlink services in India must be affordable, slams 'de facto monopoly'

Elon Musk: Starlink services in India must be affordable, slams 'de facto monopoly'

Rediff.com5 days ago

Elon Musk, CEO of SpaceX, stated that Starlink's services in India must be affordable for widespread adoption and that competition would benefit consumers, despite potentially reducing Reliance Jio's profits. He criticised Reliance Jio as a 'de facto monopoly' in India, alleging that certain business conglomerates were blocking Starlink's entry.

Premium Office Rents Surge in Mumbai, Delhi-NCR Due to Supply Constraints

Premium Office Rents Surge in Mumbai, Delhi-NCR Due to Supply Constraints

Rediff.com28 Sep 2026

Large office leases in Mumbai and Delhi-NCR are commanding premium rentals in key micro-locations, driven by a scarcity of quality Grade-A space and sustained occupier demand, according to real estate consultants.

Nine Navratri Life Insurance Lessons

Nine Navratri Life Insurance Lessons

Rediff.com4 days ago

Here are nine lessons, one for each night of the Navratri festival, that can help any household think about protection clearly.

Drought: Is Maharashtra Growing The Wrong Crops?

Drought: Is Maharashtra Growing The Wrong Crops?

Rediff.com2 days ago

'Nearly two-thirds of Maharashtra has been drought-prone on and off, and climate change is making it worse.'

Can India Fix Its Growing Student Housing Crisis?

Can India Fix Its Growing Student Housing Crisis?

Rediff.com22 Sep 2026

India's student housing shortage is widening, but high land costs, weak rental yields and regulatory hurdles are keeping organised developers away.

The High Cost Of Defending The Rupee

The High Cost Of Defending The Rupee

Rediff.com10 Sep 2026

The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.

Longest Nifty Losing Streak Since Covid

Longest Nifty Losing Streak Since Covid

Rediff.com26 Sep 2026

'India is collateral damage. There is no way that foreign investors are going to bring money in India despite our yields also going up.'

10 Jobs AI Can't Replace Anytime Soon

10 Jobs AI Can't Replace Anytime Soon

Rediff.com4 days ago

While AI can help automate routine, repetitive tasks, jobs that require high emotional intelligence, communication skills, creativity and the ability to work in unpredictable situations are likely to withstand the rise of AI, says Kumar Rajagopalan, vice president (strategic initiatives) and country head (India), at Dexian, a global provider of IT consulting, digital transformation and workforce solutions.

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

Rediff.com2 Aug 2026

Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.

NPS Tatkal To Drive Pension System Growth

NPS Tatkal To Drive Pension System Growth

Rediff.com1 Oct 2026

PFRDA Chairperson S Ramann announced an ambitious target to add 2-3 crore new subscribers to the National Pension System (NPS) within the next two years. This growth will be significantly driven by the new 'NPS Tatkal' scheme, which enables direct enrolment and contributions via UPI applications, making the pension system more accessible, especially in tier 2 and tier 3 cities and for the informal sector.

Anti-drug activist shot dead by medical shop owner in Punjab

Anti-drug activist shot dead by medical shop owner in Punjab

Rediff.com5 days ago

An anti-drug activist, Parvinder Singh alias Jhota, was allegedly shot dead by a medical store owner in Mansa, Punjab, after confronting the owner about the illegal sale of intoxicating substances.

Chhattisgarh Liquor Scam: EOW/ACB Files 10th Supplementary Charge Sheet Naming 20 Accused

Chhattisgarh Liquor Scam: EOW/ACB Files 10th Supplementary Charge Sheet Naming 20 Accused

Rediff.com3 days ago

The Chhattisgarh Economic Offence Wing/Anti-Corruption Bureau (EOW/ACB) has filed its 10th supplementary charge sheet in the alleged liquor scam, accusing 20 individuals, including former state Congress treasurer Ramgopal Agrawal, and 22 firms. The 27,000-page document details illegal liquor production, hawala transactions, and investment of illicit proceeds. The scam, estimated by the ED to be between 2019 and 2022, involved a complex network of illegal liquor sales, duplicate holograms, and routing of funds.

FCNR(B) funds find a runway ahead of festival season-led credit demand

FCNR(B) funds find a runway ahead of festival season-led credit demand

Rediff.com25 Sep 2026

RBI Deputy Governor Rohit Jain highlighted that banks are well-positioned to deploy $133 billion mobilised through FCNR(B) deposits, especially with strong credit demand ahead of the festival season, while also stressing the importance of robust technology governance and cyber defences in the financial sector.

Governor Varma Champions Bamboo For Sustainable Growth

Governor Varma Champions Bamboo For Sustainable Growth

Rediff.com27 Sep 2026

Maharashtra Governor Jishnu Dev Varma has advocated for a bamboo-based economy to drive sustainable development, create rural livelihoods, and offer green alternatives to plastic. Speaking at a summit, he highlighted bamboo's crucial role in climate change mitigation, its potential to empower local communities, and its benefits for farmers.

India's Real Estate Sector Attracts Record $9.5 Billion Inflows in Q3 2026

India's Real Estate Sector Attracts Record $9.5 Billion Inflows in Q3 2026

Rediff.com29 Sep 2026

India's real estate sector recorded an unprecedented $9.5 billion in capital inflows during Q3 2026, primarily driven by foreign investors' strong interest in data centres, according to a CBRE Group report.

Sridhar Vembu: Why India Needs An Independent AI Strategy

Sridhar Vembu: Why India Needs An Independent AI Strategy

Rediff.com23 Sep 2026

Zoho co-founder Sridhar Vembu argues that predictions of AI's catastrophic outcomes are overstated and a global pause in AI development is improbable. He urges India to adopt an independent AI strategy, focusing on extensive foundational R&D across sectors, while remaining wary of market monopolisation attempts by major tech players. Vembu also highlights concerns about AI's impact on human judgment, skill development, and job markets, particularly for junior professionals.

India's Aviation Sector Soars: Indigenous Aircraft, New Airports On Horizon

India's Aviation Sector Soars: Indigenous Aircraft, New Airports On Horizon

Rediff.com6 Oct 2026

Civil Aviation Minister K Rammohan Naidu announced India's ambition to produce its first indigenous civilian aircraft within two years through a joint venture. He highlighted the rapid growth of the country's aviation sector, with significant aircraft orders, planned new airports, and potential for manufacturing jet engines and Sustainable Aviation Fuel, underscoring India's increasing role in global aviation.

Sensex, Nifty Rebound on Easing Crude, Hopes of West Asia De-escalation

Sensex, Nifty Rebound on Easing Crude, Hopes of West Asia De-escalation

Rediff.com23 Sep 2026

Indian benchmark indices Sensex and Nifty rebounded on Wednesday, driven by a decline in crude oil prices below USD 100 per barrel and optimism surrounding a potential de-escalation of the conflict in West Asia.

Jio Platforms IPO Set for October End Listing, Valued at $143-146 Billion

Jio Platforms IPO Set for October End Listing, Valued at $143-146 Billion

Rediff.com4 Oct 2026

Digital services major Jio Platforms is anticipated to list on the stock exchange by the end of October, with an estimated enterprise valuation of USD 143-146 billion, making it India's largest public offer at around USD 3.8 billion.

Asian Games Gold Medallist Lovlina Borgohain Joins Delhi Police Women's Safety Patrol

Asian Games Gold Medallist Lovlina Borgohain Joins Delhi Police Women's Safety Patrol

Rediff.com6 Oct 2026

Fresh from Asian Games gold, Lovlina Borgohain joined Delhi Police women personnel on patrol and called for women to move around freely and confidently.

Geopolitical uncertainty, elevated crude keep Indian markets mixed; Sensex up, Nifty down

Geopolitical uncertainty, elevated crude keep Indian markets mixed; Sensex up, Nifty down

Rediff.com13 Aug 2026

Indian benchmark indices closed mixed, with the Sensex gaining 113.61 points to 78,079.96 and the Nifty falling 40.10 points to 24,395.85, as elevated crude prices and ongoing geopolitical uncertainty in the Middle East made investors cautious.

Geopolitical uncertainty, elevated crude keep Indian markets mixed; Sensex up, Nifty down

Geopolitical uncertainty, elevated crude keep Indian markets mixed; Sensex up, Nifty down

Rediff.com13 Aug 2026

Indian benchmark indices closed mixed, with the Sensex gaining 113.61 points to 78,079.96 and the Nifty falling 40.10 points to 24,395.85, as elevated crude prices and ongoing geopolitical uncertainty in the Middle East made investors cautious.

Anthropic's prospectus warns of AI's 'existential risks to humanity'

Anthropic's prospectus warns of AI's 'existential risks to humanity'

Rediff.com29 Sep 2026

Anthropic has formally warned investors that its technology may pose "existential risks to humanity" in a long-awaited initial public offering prospectus circulated with a small group of partners in recent days.

CCAvenue Brings Apple Pay To Its Merchant Network

CCAvenue Brings Apple Pay To Its Merchant Network

Rediff.com30 Sep 2026

Apple Pay has officially launched in India, integrating with CCAvenue and partnering with Axis Bank to bring secure and convenient mobile payment solutions to millions of iPhone, iPad, and Apple Watch users across a vast network of merchants.

Police Action Intensifies In Mansa Anti-Drug Activist Murder Case

Police Action Intensifies In Mansa Anti-Drug Activist Murder Case

Rediff.com3 days ago

Following the murder of anti-drug activist Parvinder Singh Jhota in Mansa, police have suspended a station house officer and arrested the alleged shooter's wife. The shooter, Ashwani Kumar, and an associate are in police remand. Investigations are ongoing into Kumar's arms licence and drug network, while Jhota's family and activists demand further action and a CBI probe, leading to a 'Punjab bandh' on Thursday.