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ED Attaches Assets In Global Media App Fraud Case

ED Attaches Assets In Global Media App Fraud Case

Rediff.com9 May 2026

The Enforcement Directorate (ED) has attached properties worth Rs 1.06 crore in connection with the 'Global Media App' fraud, an online earning platform that allegedly generated over Rs 45 crore through illicit means.

Drone-dropped arms, intelligence gaps aided Pahalgam attack: NIA probe

Drone-dropped arms, intelligence gaps aided Pahalgam attack: NIA probe

Rediff.com21 Jun 2026

Cross-border drones successfully dropped arms and ammunition as deep into Kashmir as the Baramulla district without detection, according to a National Investigation Agency (NIA) chargesheet filed in the last year's audacious Pahalgam terror attack case.

Duo Arrested In Jharkhand For Palghar Collector Impersonation Scam

Duo Arrested In Jharkhand For Palghar Collector Impersonation Scam

Rediff.com13 Jun 2026

Two individuals have been arrested in Dhanbad, Jharkhand, for allegedly creating a fake social media account in the name of the Palghar district collector and defrauding a local resident of Rs 50,000. Police successfully recovered the entire amount.

Farah Khan: 'Riteish Is Not As Irritating As...'

Farah Khan: 'Riteish Is Not As Irritating As...'

Rediff.com23 Jun 2026

'Riteish's sense of humour is 100 times more than what he shows.'

SC refuses to interfere in NCLAT order restoring Byju's committee of creditors

SC refuses to interfere in NCLAT order restoring Byju's committee of creditors

Rediff.com5 May 2026

The Supreme Court has dismissed an appeal by Byju Raveendran, upholding the NCLAT's decision to reinstate the original Committee of Creditors (CoC) in Think & Learn Private Ltd's insolvency proceedings, which includes Glass Trust Company LLC as a major lender.

Builder Duped Of 18 Lakh On Loan Promise In Thane

Builder Duped Of 18 Lakh On Loan Promise In Thane

Rediff.com22 May 2026

A builder and two others were allegedly duped of 18.19 lakh by two individuals in Thane, Maharashtra, who promised to secure business loans for them.

Former YSRCP MLA Bolla Brahma Naidu Arrested In Rs 12 Crore Land Grab Case

Former YSRCP MLA Bolla Brahma Naidu Arrested In Rs 12 Crore Land Grab Case

Rediff.com5 Jun 2026

Former YSRCP MLA Bolla Brahma Naidu has been arrested in connection with an alleged attempt to illegally grab 10 acres of government land in Telangana. Police claim he was involved in financial transactions worth Rs 12 crore to create fake documents for the land.

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Rediff.com18 May 2026

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring weak global trends, as escalating tensions in West Asia, particularly a drone attack on the UAE's Barakah nuclear facility, pushed crude oil prices higher. Track Sensex, Nifty50 movement and key market drivers for May 18, 2026.

MIT-WPU Innovates Thermal Battery For Post-Sunset Solar Use

MIT-WPU Innovates Thermal Battery For Post-Sunset Solar Use

Rediff.com6 days ago

Researchers at MIT World Peace University in Pune have developed an innovative thermal energy storage system using a phase change material (PCM)-based battery. This technology addresses the intermittent nature of solar energy by storing excess heat for use after sunset, potentially reducing reliance on conventional fuels for water heating and enhancing energy security.

Nigerian Cyber Fraudster Busted For Posing As US, UK Citizens

Nigerian Cyber Fraudster Busted For Posing As US, UK Citizens

Rediff.com16 May 2026

A Nigerian national was arrested in Delhi by the Uttar Pradesh STF for allegedly creating fake profiles of US and UK citizens on social media and cheating victims on the pretext of sending expensive gifts and foreign currency.

Chartered Accountant Among Two Arrested In Delhi GST Fraud Case

Chartered Accountant Among Two Arrested In Delhi GST Fraud Case

Rediff.com16 May 2026

Delhi Police's Economic Offences Wing has arrested two individuals, including a chartered accountant, in connection with a GST and VAT fraud involving the misuse of business credentials and dummy firms.

EXL Strengthens AI Capabilities With IMerit Acquisition

EXL Strengthens AI Capabilities With IMerit Acquisition

Rediff.com6 days ago

ExlService Holdings, a data and AI company, announced its acquisition of AI data solutions firm iMerit for up to USD 310 million. This strategic move aims to accelerate AI innovation, deepen EXL's AI capabilities in model training and evaluation, and expand its market presence in high-growth AI tech sectors. The transaction is expected to conclude in Q3 2026.

Stock Markets End in Green Buoyed by Falling Oil Prices and Positive Global Cues

Stock Markets End in Green Buoyed by Falling Oil Prices and Positive Global Cues

Rediff.com6 days ago

Indian benchmark stock indices, Sensex and Nifty, advanced for the second consecutive day, driven by softening crude oil prices and a positive trend in global markets. Despite some profit-taking in IT and metal shares, auto stocks outperformed, contributing to the overall gains.

Amazon CEO Andy Jassy pledges $13 billion additional investment in India for AI, cloud infrastructure

Amazon CEO Andy Jassy pledges $13 billion additional investment in India for AI, cloud infrastructure

Rediff.com6 days ago

Amazon CEO Andy Jassy met Prime Minister Narendra Modi and announced the company's intention to invest an additional USD 13 billion in India by 2030, focusing on expanding AI and cloud infrastructure.

Amazon Boosts India Investment To USD 48 Billion, Focus On AI And Cloud

Amazon Boosts India Investment To USD 48 Billion, Focus On AI And Cloud

Rediff.com6 days ago

Amazon CEO Andy Jassy announced an additional USD 13 billion investment in India, bringing the company's total capital commitment to USD 48 billion by 2030. This significant investment will primarily focus on expanding AI and cloud infrastructure, supporting job creation, boosting e-commerce exports, and digitising small businesses, aligning with India's growing digital economy.

Tashi Network, DroneVerse Conduct Groundbreaking Drone Swarm Trial In Delhi

Tashi Network, DroneVerse Conduct Groundbreaking Drone Swarm Trial In Delhi

Rediff.com6 days ago

Tashi Network and DroneVerse successfully conducted a live drone swarm field trial in Delhi, demonstrating advanced autonomous capabilities for defence and internal security. The trial showcased decentralised mesh technology, allowing drone swarms to maintain mission coherence even with communication disruptions, marking a significant step towards India's technological sovereignty in autonomous warfare.

India's FY27 growth may slow to 6.6%: S&PGlobal

India's FY27 growth may slow to 6.6%: S&PGlobal

Rediff.com6 days ago

S&P Global Ratings projects India's economic growth to slow to 6.6 per cent in FY27, down from 7.7 per cent in FY26, citing energy stress and a potential sub-par monsoon.

India initiates anti-dumping investigations against three Chinese products

India initiates anti-dumping investigations against three Chinese products

Rediff.com6 days ago

India has launched anti-dumping investigations into imports of thermal paper, Biaxially Oriented Polyamide (BOPA) Film, and certain antioxidants from China, following complaints from domestic manufacturers alleging material injury due to cheap imports.

Why Ex-Bengal Minister Appeared Before ED After Skipping Summons

Why Ex-Bengal Minister Appeared Before ED After Skipping Summons

Rediff.com15 May 2026

Former West Bengal food minister Rathin Ghosh appeared before the ED in connection with the alleged civic recruitment scam case after skipping summons on five earlier occasions.

'Without A Shade Of Doubt BJP Is Behind This'

'Without A Shade Of Doubt BJP Is Behind This'

Rediff.com19 Jun 2026

'It was done with record speed. First, a revolt of the MLAs, which was obviously engineered.' ''No one believed me when I said the MLAs breaking away is not the real issue.' 'It is like a comet. The head doesn't matter, the tail matters.' 'And the tail is Parliament. Suvendu has gifted the prime minister 20 MPs.'

DoT notifies new telecom authorisation rules, replacing multiple licences

DoT notifies new telecom authorisation rules, replacing multiple licences

Rediff.com6 days ago

The Department of Telecommunications (DoT) has introduced a new authorisation regime, replacing multiple licences with a single permission for principal telecom services, aiming to simplify compliance and accommodate evolving technologies. This move is expected to ease business operations, enhance fraud prevention with AI, and expand connectivity, especially through satellite networks.

SETL Invests Rs 500 Crore In AI Datacenter Sector With GScale Energy Acquisition

SETL Invests Rs 500 Crore In AI Datacenter Sector With GScale Energy Acquisition

Rediff.com6 days ago

Hyderabad-based SETL, a precision engineering company, has acquired a 51% majority stake in GScale Energy Private Limited, an AI Datacenter Engineering infrastructure specialist. This strategic move involves an initial investment of Rs 190 crore, with a total commitment of Rs 500 crore, marking SETL's expansion into the rapidly growing AI Datacenter sector and leveraging its expertise from pharmaceutical and chemical industries.

Adani Power to invest Rs 2 trn over 5 years

Adani Power to invest Rs 2 trn over 5 years

Rediff.com6 days ago

Adani Group Chairman Gautam Adani announced a capital expenditure programme of over 2 trillion for Adani Power, aiming for 45 gigawatts (Gw) capacity in five years, including a significant entry into nuclear power with a target of 10 Gw by 2035 through Adani Atomic Energy.

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Rediff.com6 days ago

Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.

RBI Proposes AI Risk Management Framework

RBI Proposes AI Risk Management Framework

Rediff.com7 days ago

Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.

RBI Caps Fraud Compensation at Rs 25,000

RBI Caps Fraud Compensation at Rs 25,000

Rediff.com7 days ago

Customers must report the fraud both to their bank and to the National Cyber Crime Reporting Portal or Helpline 1930 within five calendar days of the occurrence of the fraudulent transaction.

Sunny Deol-Ameesha Patel Celebrate 25 Years Of Gadar: Ek Prem Katha

Sunny Deol-Ameesha Patel Celebrate 25 Years Of Gadar: Ek Prem Katha

Rediff.com16 Jun 2026

Sunny Deol and Ameesha Patel reunite to celebrate 25 years of the Bollywood blockbuster Gadar: Ek Prem Katha.

Banking system liquidity improves to 4-yr high on back of Gsec maturities

Banking system liquidity improves to 4-yr high on back of Gsec maturities

Rediff.com17 Apr 2026

The Indian banking system's net liquidity surplus has reached a four-year high of Rs 4.57 trillion, driven by maturing government securities, with further maturities expected to push the surplus to around 5 trillion.

US-Iran Conflict, Crude Oil Price to Dictate Dalal Street Trends

US-Iran Conflict, Crude Oil Price to Dictate Dalal Street Trends

Rediff.com17 May 2026

Analysts predict that the ongoing US-Iran conflict, fluctuations in crude oil prices, and foreign institutional investor (FII) flows will be the primary factors influencing Dalal Street this week, with inflation concerns adding to investor anxiety.

Court Orders Case Against 69 Indian Bank Staff In Rs 5 Crore Embezzlement

Court Orders Case Against 69 Indian Bank Staff In Rs 5 Crore Embezzlement

Rediff.com13 Jun 2026

Police in Gonda, Uttar Pradesh, have registered a case against 69 former and serving officers and employees of an Indian Bank branch for allegedly embezzling nearly Rs 5 crore from a union account. The case was filed following a court order after the accused failed to return the embezzled funds despite an earlier undertaking.

Two Arrested For Share Market Investment Fraud In Delhi

Two Arrested For Share Market Investment Fraud In Delhi

Rediff.com21 Apr 2026

Delhi Police have arrested two men from Gujarat for allegedly defrauding a Delhi resident of Rs 9.75 lakh under the guise of high-return share market investments.

'What If A Mother's Daughter Goes Missing?'

'What If A Mother's Daughter Goes Missing?'

Rediff.com7 days ago

'How will this woman find her? And how does that affect her, because it's not a biological relationship.'

Jalna Tehsildar Arrested In Rs 6.4 Lakh Bribery Case

Jalna Tehsildar Arrested In Rs 6.4 Lakh Bribery Case

Rediff.com6 Jun 2026

A tehsildar in Maharashtra's Jalna district, Vijay Chavan, was arrested by the Anti Corruption Bureau for allegedly accepting a bribe of Rs 6.40 lakh from a sand transporter. The bribe was demanded to avoid action against illegal sand excavation and transportation. Chavan had a previous suspension in 2014 for procedural irregularities.

Elvish Yadav gets Rs 10 cr extortion threat; Bishnoi gang link suspected

Elvish Yadav gets Rs 10 cr extortion threat; Bishnoi gang link suspected

Rediff.com10 May 2026

Elvish Yadav, winner of Bigg Boss OTT 2, has reported receiving an extortion threat for Rs 10 crore from an individual claiming ties to the Lawrence Bishnoi gang. Police have registered an FIR and are investigating the matter.

Father And Son Booked For Obstructing ED Search In Raipur

Father And Son Booked For Obstructing ED Search In Raipur

Rediff.com28 Apr 2026

A father and son have been booked for allegedly obstructing Enforcement Directorate (ED) officials during a search at their home in Chhattisgarh's Raipur district in connection with a money laundering probe.

Stock Markets Today: Sensex, Nifty50 Open In Red Weighed By West Asia Crisis

Stock Markets Today: Sensex, Nifty50 Open In Red Weighed By West Asia Crisis

Rediff.com12 May 2026

Indian equity benchmark indices experienced a significant drop in early trade, with the BSE Sensex falling over 525 points and the NSE Nifty down more than 164 points, primarily due to rising crude oil prices and ongoing uncertainty surrounding the US-Iran conflict.

Sebi mulls celebrity endorsements for financial entities, overhauls ad code

Sebi mulls celebrity endorsements for financial entities, overhauls ad code

Rediff.com7 days ago

The Securities and Exchange Board of India (Sebi) has proposed allowing celebrity endorsements for its regulated entities like AMCs and stock brokers, but only at the brand level, not for specific products or services, as part of a major overhaul of advertisement codes.

Expiry date display on ecom platforms is under consumer dept rules: Fssai

Expiry date display on ecom platforms is under consumer dept rules: Fssai

Rediff.com7 days ago

The Food Safety and Standards Authority of India (FSSAI) has clarified that the display of expiry and 'best before' dates on packaged food products sold on e-commerce platforms is governed by the Legal Metrology (Packaged Commodities) Rules, 2011, which are administered by the Department of Consumer Affairs (DCA).

Two Kerala Forest Officials Held In Bribery Case

Two Kerala Forest Officials Held In Bribery Case

Rediff.com15 May 2026

Two forest officials in Kerala were arrested for allegedly accepting a bribe to exclude individuals from a case involving the killing of a monitor lizard.

Experts Call For National Policy To Boost Assistive Technology Market

Experts Call For National Policy To Boost Assistive Technology Market

Rediff.com7 days ago

Experts highlight India's significant market potential for assistive technologies, estimated at Rs 75,000-95,000 crore by 2030. They advocate for a National Assistive Technology Policy to address current gaps in access and service delivery, fostering inclusion, independence, and economic participation for persons with disabilities and the elderly.