News for 'Market Development'

Modi inaugurates India's longest 6-lane highway connecting Meerut to Prayagraj

Modi inaugurates India's longest 6-lane highway connecting Meerut to Prayagraj

Rediff.com6 days ago

Prime Minister Narendra Modi inaugurated the 594-km-long Ganga Expressway, connecting Meerut to Prayagraj, aiming to boost connectivity, industrial investment, and economic growth in Uttar Pradesh.

Indian Equities Bounce Back: Sensex Jumps 639 Pts, Nifty Up 194 Pts

Indian Equities Bounce Back: Sensex Jumps 639 Pts, Nifty Up 194 Pts

Rediff.com27 Apr 2026

Indian benchmark stock indices Sensex and Nifty rebounded nearly 1 per cent, snapping a three-day decline, driven by rallies in Reliance Industries and Sun Pharma, alongside positive global market trends and easing geopolitical tensions.

Biocon Succession Plan: Kiran Mazumdar-Shaw Names Claire Mazumdar as Future Leader

Biocon Succession Plan: Kiran Mazumdar-Shaw Names Claire Mazumdar as Future Leader

Rediff.com2 hours ago

Kiran Mazumdar-Shaw names niece Claire Mazumdar as successor at Biocon. Explore the leadership transition, strategy, and future plans.

Official: Holistic Development, Grassroots Governance Key to India's Progress

Official: Holistic Development, Grassroots Governance Key to India's Progress

Rediff.com3 Mar 2026

Chief Secretary Atal Dulloo emphasises the importance of holistic development and grassroots governance for India's progress at a national conference in Jammu.

HUL Reports 21% Jump in Q4 Profit to Rs 2,994 Crore, Driven by Strong Volume Growth and Strategic Divestment

HUL Reports 21% Jump in Q4 Profit to Rs 2,994 Crore, Driven by Strong Volume Growth and Strategic Divestment

Rediff.com5 days ago

FMCG major Hindustan Unilever Ltd (HUL) reported a 21 per cent increase in its March quarter consolidated net profit, reaching Rs 2,994 crore, primarily driven by higher volumes and a significant gain from the divestment of its stake in Nutritionalab.

AI puts India's office market back to work

AI puts India's office market back to work

Rediff.com16 Mar 2026

Artificial intelligence (AI) is emerging as a potential new demand driver for India's office market, with AI-focused technology (tech) firms actively leasing new office space and established information technology (IT) companies expanding their footprint as they ramp up investments in AI.

Why Indian Banks Are Boosting IT Security Investments

Why Indian Banks Are Boosting IT Security Investments

Rediff.com3 days ago

Public sector banks in India are increasing their IT spending to bolster cybersecurity measures in response to concerns about Anthropic's Claude Mythos AI tool and its potential to exploit vulnerabilities in financial systems.

Stock Markets Today March 25, 2026 ' Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Stock Markets Today March 25, 2026 ' Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Rediff.com25 Mar 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

UAE's OPEC Exit: A Policy-Driven Evolution for Energy Future

UAE's OPEC Exit: A Policy-Driven Evolution for Energy Future

Rediff.com6 days ago

The United Arab Emirates has announced its decision to withdraw from OPEC and the wider OPEC+ alliance, effective May 1, 2026, signalling a significant policy-driven evolution in its long-term energy strategy aimed at aligning with domestic economic goals and increased production investment.

UAE's OPEC Exit: A Policy-Driven Evolution for Energy Future

UAE's OPEC Exit: A Policy-Driven Evolution for Energy Future

Rediff.com7 days ago

The United Arab Emirates has announced its decision to withdraw from OPEC and the wider OPEC+ alliance, effective May 1, 2026, signalling a significant policy-driven evolution in its long-term energy strategy aimed at aligning with domestic economic goals and increased production investment.

Saini Criticises Punjab's Instability, Pledges Haryana's Industrial Advancement

Saini Criticises Punjab's Instability, Pledges Haryana's Industrial Advancement

Rediff.com4 days ago

Haryana Chief Minister Nayab Singh Saini criticises the AAP-led Punjab government for political instability and lack of industrial development, while promoting Haryana's investor-friendly policies and industrial growth initiatives.

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

Rediff.com2 days ago

SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.

Godrej Properties' rerating hinges on sales growth

Godrej Properties' rerating hinges on sales growth

Rediff.com22 Apr 2026

Godrej Properties closed FY26 with record bookings and presales, exceeding its annual guidance, but brokerages express concerns over weak cash-flow generation and the ability to sustain growth amidst a muted real estate market.

Stock markets on March 10, 2026: Sensex jumped 640 points

Stock markets on March 10, 2026: Sensex jumped 640 points

Rediff.com10 Mar 2026

Indian stock market benchmarks Sensex and Nifty rebounded strongly after a two-day decline, driven by falling crude oil prices and positive global cues amid hopes of de-escalation in the Middle East.

India's Smaller Cities Pop Corks: Champagne Demand Spreads Beyond Metros

India's Smaller Cities Pop Corks: Champagne Demand Spreads Beyond Metros

Rediff.com5 days ago

Champagne consumption in India is expanding beyond major metropolitan areas into smaller cities like Kanpur, Guwahati, and Lucknow, driven by a desire for sophisticated lifestyle declarations and a growing appreciation for the beverage.

Sun Pharma's Organon deal: Strategic entry into new segments, but integration challenges loom

Sun Pharma's Organon deal: Strategic entry into new segments, but integration challenges loom

Rediff.com22 hours ago

Sun Pharmaceutical Industries' acquisition of US-based Organon & Co. for $11.75 billion, the largest overseas acquisition by an Indian pharma company, has been met with mixed reactions from brokerages, who see strategic entry into women's health and biosimilars but also flag potential integration challenges and debt concerns.

Maruti Suzuki discontinues Ignis hatchback amid weak sales, supply woes hit S-Presso and WagonR

Maruti Suzuki discontinues Ignis hatchback amid weak sales, supply woes hit S-Presso and WagonR

Rediff.com6 days ago

Maruti Suzuki has discontinued its Ignis hatchback due to weak sales and a shift towards SUVs, while simultaneously facing supply chain issues for its popular S-Presso and WagonR models, leading to booking halts at some dealerships.

Why RBI Should Stop Defending Rupee

Why RBI Should Stop Defending Rupee

Rediff.com27 Apr 2026

The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.

Mid-Size SUVs Fuel 87% Surge in India's EV Sales in FY26

Mid-Size SUVs Fuel 87% Surge in India's EV Sales in FY26

Rediff.com27 Apr 2026

India's electric passenger vehicle market saw an 87.4 per cent year-on-year increase in FY26, reaching 233,246 units, primarily driven by the mid-size SUV segment (20-30 lakh price bracket), while the entry-level segment (sub-10 lakh) experienced a decline.

Office construction activity declines to four-quarter low

Office construction activity declines to four-quarter low

Rediff.com21 Apr 2026

New completions in India's office real estate sector fell by 36 per cent to 9.7 million square feet in Q1 2026, the lowest in four quarters, primarily due to developers adopting a cautious stance amid global uncertainties, particularly in Bengaluru, Hyderabad, and Mumbai. Despite this, office absorption increased by 20 per cent, indicating strong occupier demand.

Rupee falls 28 paise to 93.44 amid US-Iran talks uncertainty

Rupee falls 28 paise to 93.44 amid US-Iran talks uncertainty

Rediff.com21 Apr 2026

The Indian rupee depreciated by 28 paise to settle at 93.44 against the US dollar, influenced by ongoing uncertainties surrounding West Asia peace negotiations, volatile crude oil prices, and the Reserve Bank of India's recent adjustments to non-deliverable forward market regulations.

'Equity Investing In Good Shape And Fashionable As Ever!'

'Equity Investing In Good Shape And Fashionable As Ever!'

Rediff.com7 days ago

'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'

When Will India Produce A Trillion-Dollar Company?

When Will India Produce A Trillion-Dollar Company?

Rediff.com4 days ago

India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.

What Dilip Shanghvi said on Sun Pharma's Organon Buy

What Dilip Shanghvi said on Sun Pharma's Organon Buy

Rediff.com27 Apr 2026

Sun Pharmaceutical Industries' Executive Chairman Dilip Shanghvi described the USD 11.75 billion acquisition of US-based Organon & Co as both a "happy" and "bit anxious" moment, acknowledging the significant debt required to fund the large transaction.

Rupee strengthens on US-Iran talks optimism, domestic equity surge

Rupee strengthens on US-Iran talks optimism, domestic equity surge

Rediff.com15 Apr 2026

The Indian rupee gained 2 paise to settle at 93.33 against the US dollar, driven by positive sentiment in domestic equity markets and renewed hopes for US-Iran talks, despite rising WPI and CPI inflation.

'Impact of the spike in energy prices will be transient'

'Impact of the spike in energy prices will be transient'

Rediff.com7 days ago

'As re-industrialisation gathers pace across regions like Asia, Europe and the US, a wide range of products and inputs will see demand.'

India Forms AI Governance Body to Steer National Strategy

India Forms AI Governance Body to Steer National Strategy

Rediff.com16 Apr 2026

India has established a high-level inter-ministerial body, the AI Governance and Economic Group (AIGEG), to steer the country's national AI governance strategy. The AIGEG will coordinate policy across ministries and oversee cross-sectoral governance issues, supported by a Technology and Policy Expert Committee (TPEC).

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Rediff.com21 Apr 2026

Indian stock markets extended their gains for a third consecutive day, with the Sensex climbing 753 points and the Nifty closing above 24,550, driven by a drop in crude oil prices and optimism surrounding potential peace talks between Iran and the US.

Trent's Q4FY26 Revenue Rebounds, Board Approves Rs 2,500 Crore Equity Raise

Trent's Q4FY26 Revenue Rebounds, Board Approves Rs 2,500 Crore Equity Raise

Rediff.com2 days ago

Trent reported a 20 per cent revenue rebound in Q4FY26, driven by a recovery in like-for-like growth and significant store additions. The company's board has approved raising up to 2,500 crore in equity to fund investments in store network upgrades, new brands, supply chain automation, and Star Bazaar expansion, alongside a 1:2 bonus issue and a 6 dividend.

PhonePe Surpasses 50 Million Registered Merchants Milestone

PhonePe Surpasses 50 Million Registered Merchants Milestone

Rediff.com28 Apr 2026

Fintech giant PhonePe has announced it has surpassed 50 million registered merchants on its platform, marking a significant milestone as it expands its financial service offerings beyond QR code payments.

ISRO to print rocket components with Russian 3D printing machine

ISRO to print rocket components with Russian 3D printing machine

Rediff.com6 days ago

The RusBeam 2800 is now India's largest electron-beam wire deposition 3D printer operating under vacuum. The machine was custom-built for India and is operated with software developed by Rosatom.

Why India equity markets are likely to remain volatile next week

Why India equity markets are likely to remain volatile next week

Rediff.com22 Feb 2026

Analysts predict continued volatility in Indian equity markets due to domestic macroeconomic data, F&O expiry, global developments including US tariff policies, and geopolitical tensions.

How AI Skills Can Give Indian Employees An Edge

How AI Skills Can Give Indian Employees An Edge

Rediff.com26 Apr 2026

Employees with artificial intelligence skills are likely to see better salary increments in the coming years, especially in technology, GCCs, and BFSI sectors, according to TeamLease Edtech.

Why AI Skills Are Crucial For Salary Hikes In India

Why AI Skills Are Crucial For Salary Hikes In India

Rediff.com26 Apr 2026

Employees with artificial intelligence skills are likely to see better salary increments in the coming years, especially in technology, GCCs, and BFSI sectors, according to TeamLease Edtech.

Auto PLI distorted e2W market, hurt innovation: C-DEP report

Auto PLI distorted e2W market, hurt innovation: C-DEP report

Rediff.com28 Feb 2026

The production-linked incentive (PLI) scheme for the automobile sector has created market distortions, excluded innovation-led electric two-wheeler (e2w) makers, and failed to convert cost advantages into export competitiveness, with 77 per cent of export volumes driven by non-PLI models, said a report released by the Centre for Domestic Economy Policy Research (C-DEP) on Friday.

Uncertainty Clouds US-Iran Talks As Ceasefire Nears End

Uncertainty Clouds US-Iran Talks As Ceasefire Nears End

Rediff.com21 Apr 2026

Uncertainty surrounds the US-Iran talks as a two-week ceasefire approaches its end. Pakistan is attempting to mediate, but tensions remain high after a recent naval incident.

Renault gets 'FutuREady', to launch 7 new cars by 2030

Renault gets 'FutuREady', to launch 7 new cars by 2030

Rediff.com17 Apr 2026

The Renault group is set to significantly expand its presence in India, aiming to establish the country as one of its top three global markets by 2030 through the launch of seven new vehicles, a 5 per cent market share target, and ambitious export goals.

Gold poised for volatile week as West Asia crisis roils markets

Gold poised for volatile week as West Asia crisis roils markets

Rediff.com8 Mar 2026

Gold prices are expected to remain volatile next week as investors track geopolitical developments in the Middle East and key macroeconomic data releases that could shape the sentiment in the domestic market, analysts said.

Rupee falls 34 paise as US-Iran uncertainty fuels crude oil surge

Rupee falls 34 paise as US-Iran uncertainty fuels crude oil surge

Rediff.com22 Apr 2026

The Indian rupee depreciated by 34 paise to close at 93.78 against the US dollar, marking its third consecutive session of decline. This fall is attributed to escalating crude oil prices driven by uncertainty surrounding US-Iran peace talks and fresh attacks in the Strait of Hormuz, alongside significant foreign institutional investor outflows from domestic equity markets.

Himachal SDM Under Scrutiny For Alleged Benami Land Deals

Himachal SDM Under Scrutiny For Alleged Benami Land Deals

Rediff.com5 days ago

Himachal Pradesh DGP Ashok Tiwari has recommended a detailed examination and action against the SDM of Solan for alleged misuse of official position, conflict of interest, and possible involvement in benami transactions related to land deals.