News for 'Money manage'

IndiGo CEO Pieter Elbers Resigns With Immediate Effect

IndiGo CEO Pieter Elbers Resigns With Immediate Effect

Rediff.com10 Mar 2026

IndiGo CEO Pieter Elbers has resigned three months after the airline experienced significant operational disruptions. Managing Director Rahul Bhatia will temporarily assume management responsibilities.

HDFC Bank initiates independent review after chairman's ethics-based resignation

HDFC Bank initiates independent review after chairman's ethics-based resignation

Rediff.com2 days ago

HDFC Bank has launched an independent review by external law firms following the abrupt resignation of Chairman Atanu Chakraborty, who cited 'ethical concerns and practices within the bank' as the reason for his departure.

NSE Targets Rs 7 Trillion Valuation

NSE Targets Rs 7 Trillion Valuation

Rediff.com1 days ago

At the upper end of that range, the bourse would rank among the seven most valuable listed firms in the country.

Cyberfraudsters Dupe Thane Man of 1.56 Crore with 'Digital Arrest' Scam

Cyberfraudsters Dupe Thane Man of 1.56 Crore with 'Digital Arrest' Scam

Rediff.com11 Mar 2026

A 64-year-old man from Thane was allegedly defrauded of 1.56 crore by cybercriminals using a 'digital arrest' scam, involving forged documents and constant surveillance.

Chairman's Resignation: HDFC Bank Faces Legal Debate

Chairman's Resignation: HDFC Bank Faces Legal Debate

Rediff.com1 days ago

HDFC Bank is engaging external legal firms, both domestic and international, to investigate the circumstances surrounding former part-time chairman Atanu Chakraborty's resignation.

Semaglutide Ruling Sparks Generic Pharma Boom

Semaglutide Ruling Sparks Generic Pharma Boom

Rediff.com2 days ago

At the heart of this debate is Section 3(d) of the Patents Act, a safeguard designed to prevent drugmakers from extending monopoly protection through trivial modifications to existing medicines.

Fino Payments Bank Claims GST Compliance After CEO's Arrest

Fino Payments Bank Claims GST Compliance After CEO's Arrest

Rediff.com2 Mar 2026

Fino Payments Bank asserts its compliance with GST regulations following the arrest of its MD and CEO, Rishi Gupta, by the Directorate General of GST Intelligence (DGGI). The bank clarifies that the investigation pertains to program managers associated with multiple banks and not the bank's own GST compliance.

Only 54 Forms Ready For New I-T Act Rollout

Only 54 Forms Ready For New I-T Act Rollout

Rediff.com3 days ago

All services on the income-tax e-filing portal -- both pre-login and post-login -- are expected to be updated by April 1 to reflect the new legal framework.

Poultry farmer Ravindra Metkar invited by Oxford to share his rags to riches story

Poultry farmer Ravindra Metkar invited by Oxford to share his rags to riches story

Rediff.com5 days ago

Ravindra Metkar, a farmer from Maharashtra who built a successful poultry business from humble beginnings, has been invited to speak at the University of Oxford's Global Research Conference.

Platform partnerships gain ground in realty

Platform partnerships gain ground in realty

Rediff.com5 Mar 2026

Platform-style partnerships between global investors and Indian developers are expected to gain further traction over the next few years. This comes as institutional capital increasingly shifts from one-off asset acquisitions to scalable, long-term strategies.

Foreign investors dump Rs 88,180 cr in Mar; 2026 outflows cross Rs 1 lakh cr

Foreign investors dump Rs 88,180 cr in Mar; 2026 outflows cross Rs 1 lakh cr

Rediff.com4 days ago

Foreign investors have withdrawn over Rs 88,000 crore from Indian equities this month, driven by geopolitical tensions, a weak rupee, and concerns about rising crude oil prices.

Still Haven't Made Your Tax-Saving Investments?

Still Haven't Made Your Tax-Saving Investments?

Rediff.com7 hours ago

In the rush to complete tax-saving investments at the end of the financial year, many taxpayers choose instruments that do not match their long-term financial goals.

Wipro's AI-Data Centre Solution to Boost Enterprise AI Adoption

Wipro's AI-Data Centre Solution to Boost Enterprise AI Adoption

Rediff.com6 days ago

Wipro has launched its AI-Data Centre solution, integrating NVIDIA's AI Enterprise platform, to accelerate enterprise-scale AI adoption and modernise data centre environments.

RBI Keen to Expand Use of Indian Rupee for Russian Trade

RBI Keen to Expand Use of Indian Rupee for Russian Trade

Rediff.com7 days ago

The Reserve Bank of India (RBI) is exploring ways for Russian trade counterparts to use accumulated Indian rupees (INR) for imports or capital investments in India, aiming to boost INR-Rouble transactions and reduce reliance on the US dollar.

Cong MLAs face action after cross-voting in Rajya Sabha polls

Cong MLAs face action after cross-voting in Rajya Sabha polls

Rediff.com17 Mar 2026

Rajya Sabha elections in Bihar, Odisha, and Haryana were marred by allegations of cross-voting and 'horse trading', leading to suspensions and warnings from the Congress party.

Remittances from West Asia see 20-30% jump in March due to conflict

Remittances from West Asia see 20-30% jump in March due to conflict

Rediff.com6 days ago

Remittances from West Asia in March rose sharply amid the conflict in the region, with industry insiders estimating inflows to be 20-30 per cent higher than what is usual in a month.

Opposition Calls for CBI Investigation into Punjab Officer's Death

Opposition Calls for CBI Investigation into Punjab Officer's Death

Rediff.com4 days ago

Political leaders in Haryana and Punjab are demanding a CBI investigation into the suicide of a Punjab government officer, who allegedly accused a minister of harassment. The minister has resigned, but opposition parties are calling for his arrest and a thorough investigation.

Why Were 3 HDFC Executives Asked To Leave?

Why Were 3 HDFC Executives Asked To Leave?

Rediff.com5 days ago

The controversy involves mis-selling Credit Suisse AT-I bonds to NRIs as fixed-maturity instruments, later written off after collapse.

IEA advocates work from home, reduced air travel to tackle oil shock

IEA advocates work from home, reduced air travel to tackle oil shock

Rediff.com6 days ago

The International Energy Agency (IEA) has proposed immediate demand-side measures, including remote work, lower speed limits, and reduced air travel, to mitigate the impact of a global oil supply shock caused by Middle East disruptions.

Why HDFC Bank Chairman Atanu Chakraborty Resigned

Why HDFC Bank Chairman Atanu Chakraborty Resigned

Rediff.com6 days ago

Atanu Chakraborty has resigned as chairman of HDFC Bank, citing ethical concerns, marking an unusual departure and prompting the appointment of an interim chairman.

The 5-Step Action Plan To Your First Rs 1 Crore

The 5-Step Action Plan To Your First Rs 1 Crore

Rediff.com9 Mar 2026

From a modest salary to Rs 1 crore, here's Ramalingam Kalirajan's smart compounding blueprint for young earners

Airline stocks fly into rough weather again

Airline stocks fly into rough weather again

Rediff.com6 days ago

India's aviation sector is facing fresh turbulence, with rising fuel costs, the Ministry of Civil Aviation's free-seat directive, and geopolitical disruptions in West Asia clouding near-term earnings visibility.

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.

Opposition Parties to Gherao Punjab CM's Residence Over Suicide Allegations

Opposition Parties to Gherao Punjab CM's Residence Over Suicide Allegations

Rediff.com4 days ago

Opposition parties in Punjab have announced a joint protest at Chief Minister Bhagwant Mann's residence, demanding the arrest of former minister Laljit Singh Bhullar following the suicide of a state warehousing corporation official. The move follows allegations of harassment and demands for a CBI investigation into the circumstances surrounding the death.

Model Accuses IPL Cricketer Amit Mishra of Dowry Harassment and Assault

Model Accuses IPL Cricketer Amit Mishra of Dowry Harassment and Assault

Rediff.com9 Mar 2026

A model has filed a complaint in a Kanpur court against her husband, IPL cricketer Amit Mishra, accusing him and his family of dowry harassment, assault, and abetment to suicide.

New truncated gas allocation regime still faces a large LNG shortfall

New truncated gas allocation regime still faces a large LNG shortfall

Rediff.com6 days ago

India's plans to ration the consumption of liquefied natural gas (LNG) and liquefied petroleum gas (LPG) - in response to reduction in their import owing to war in West Asia - may fall short of what is needed to meet domestic needs.

How Women Power India

How Women Power India

Rediff.com8 Mar 2026

In which area of Indian life are women not running the show?

How Shantanu Narayen Transformed Adobe

How Shantanu Narayen Transformed Adobe

Rediff.com16 Mar 2026

For many outside the technology sector, Shantanu Narayen's impact may not always be visible, but his leadership quietly transformed how millions of people learn, work, create and run businesses across the world.

Bangladeshi Deportees Apprehended in Delhi for Illegal Re-entry and Unlawful Activities

Bangladeshi Deportees Apprehended in Delhi for Illegal Re-entry and Unlawful Activities

Rediff.com11 Mar 2026

Two Bangladeshi nationals, previously deported from India, have been arrested in Delhi for illegally re-entering the country and resuming unlawful activities. The individuals were apprehended near Jahangirpuri Metro Station and are now facing deportation proceedings.

Skye Air Raises $9M to Fuel Hyperlocal Drone Delivery Growth

Skye Air Raises $9M to Fuel Hyperlocal Drone Delivery Growth

Rediff.com11 Mar 2026

Skye Air Mobility has raised USD 9 million in a Series B funding round to expand its hyperlocal drone delivery services across key metropolitan markets in India.

Delhi Woman Arrested for Duping Resident with Fake Loan Offer

Delhi Woman Arrested for Duping Resident with Fake Loan Offer

Rediff.com15 Mar 2026

A 40-year-old woman has been arrested in Delhi for allegedly defrauding a resident of Rs 20,000 under the guise of arranging a loan through social media. The accused, Satvinder Kaur, was apprehended after a technical investigation revealed her involvement in the scam.

Fuel curbs brew concern over Darjeeling first flush

Fuel curbs brew concern over Darjeeling first flush

Rediff.com18 Mar 2026

Tea planters in Darjeeling have raised that a shortage of commercial LPG, triggered by the ongoing conflict in West Asia, could hit tea processing during the first flush, the delicate early-season harvest that commands the highest premiums and often sets the tone for the year.

Investors Should Consider Buying If Markets Correct Further

Investors Should Consider Buying If Markets Correct Further

Rediff.com10 Mar 2026

A fall in the Nifty 50 to around 19,000 is not impossible, but that would likely require nuclear options to be exercised.

Should You Invest In Multi-Asset Funds?

Should You Invest In Multi-Asset Funds?

Rediff.com3 Mar 2026

Their assets under management (AUM) rose from Rs 1.04 trillion (January 31, 2025) to Rs 1.75 trillion (January 31, 2026), an increase of 68.3 per cent.

Fitch warns costlier oil could lift inflation, slow India's growth in H1FY27

Fitch warns costlier oil could lift inflation, slow India's growth in H1FY27

Rediff.com15 Mar 2026

Fitch Ratings on Friday said persistently higher oil prices could cause India's retail inflation to rise faster than the expected gradual pace, and lead to a slowdown in economic growth in the first half of financial year 2026-27 (FY27).

Kaspersky Eyes India as Regional Hub Amid Cybersecurity Threat Surge

Kaspersky Eyes India as Regional Hub Amid Cybersecurity Threat Surge

Rediff.com17 Mar 2026

Global cybersecurity firm Kaspersky plans to significantly increase its investments in India, leveraging the country as a hub for regional services due to strong financial performance and the escalating threat landscape.

The Investor Trap Called Confirmation Bias

The Investor Trap Called Confirmation Bias

Rediff.com13 Mar 2026

'It is not a modern flaw created by markets or media, but a deep-seated human trait with evolutionary roots,' explains Harsh Roongta.

Obesity Drug Can't Be Advertised Anymore

Obesity Drug Can't Be Advertised Anymore

Rediff.com12 Mar 2026

'Any promotional activity carried out under the pretext of disease awareness, influencer engagement, corporate campaigns, or similar activities that create brand recall/product visibility of the prescription shall also be treated as violations.'

Bihar Police Arrest 141 in Cyber Fraud Mule Account Crackdown

Bihar Police Arrest 141 in Cyber Fraud Mule Account Crackdown

Rediff.com11 Mar 2026

Bihar Police arrested 141 people in a state-wide crackdown on mule bank account networks allegedly used for cyber fraud. The operation, 'Cyber Prahar 2.0', led to the registration of 86 FIRs and uncovered collusion by bank employees.

Everyday Heroine: She Balances Her Job And Her Passion

Everyday Heroine: She Balances Her Job And Her Passion

Rediff.com5 Mar 2026

Thane-based Chitra Tambe, 28, opens up about how she juggles a full-time career and her growing passion while living in a joint family setup.