News for 'Office of Profit'

Bengaluru Police Arrest Six Drug Dealers Targeting College Students

Bengaluru Police Arrest Six Drug Dealers Targeting College Students

Rediff.com5 May 2026

Bengaluru police have arrested six individuals for allegedly purchasing and selling banned narcotic substances, including MDMA and hydro ganja, to the public, with college students being among the buyers. The seized drugs are valued at over Rs 10 crore.

Kerala Man Arrested For Rs 1.19 Crore Online Trading Scam

Kerala Man Arrested For Rs 1.19 Crore Online Trading Scam

Rediff.com22 May 2026

A 47-year-old man from Palakkad has been arrested for allegedly cheating a Thiruvananthapuram resident of over Rs 1.19 crore in an online trading scam.

Chiraiya Marks SVF's Big Leap Beyond Bengal

Chiraiya Marks SVF's Big Leap Beyond Bengal

Rediff.com30 Apr 2026

'We want to become India's topmost integrated studio, working in different languages.'

What Jawaharlal Nehru Did for India

What Jawaharlal Nehru Did for India

Rediff.com16 Jun 2026

Through his commitment to democratic norms, debate, dissent and constitutionalism, Jawaharlal Nehru helped ensure that parliamentary democracy took deep root in independent India. Utkarsh Mishra evaluates Nehru's 17 years as India's first prime minister, examining his role in nation-building, democratic institution-building, economic planning, scientific advancement and foreign policy.

Increasing the number of policy sales will be a key focus area for SBI Life

Increasing the number of policy sales will be a key focus area for SBI Life

Rediff.com6 May 2026

"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

Rediff.com11 May 2026

A software engineer earning a high salary allegedly abandoned his career to run a fake online trading racket, duping investors of nearly Rs 100 crore.

Sebi's Revised Methodology Boosts India's Household Savings Ratio

Sebi's Revised Methodology Boosts India's Household Savings Ratio

Rediff.com21 May 2026

India's gross savings rate is projected to be nearly 47 basis points higher in FY25 than previously estimated, following the Securities and Exchange Board of India's (Sebi) revision of the methodology for calculating household savings routed through the securities market.

Sedans Hold Ground In Luxury Market Despite SUV Wave

Sedans Hold Ground In Luxury Market Despite SUV Wave

Rediff.com2 Jun 2026

While SUVs have steadily gained share across the industry, data shows that nearly three in 10 luxury vehicles sold in India are sedans, highlighting the segment's resilience despite years of SUV-led growth.

'Target is to open 80 branches every year for next few years'

'Target is to open 80 branches every year for next few years'

Rediff.com29 Apr 2026

Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.

Two Held In Saharanpur With Drugs Worth 1 Crore

Two Held In Saharanpur With Drugs Worth 1 Crore

Rediff.com6 May 2026

Two alleged drug traffickers were arrested in Saharanpur, Uttar Pradesh, and 504 grams of illegal smack worth around 1 crore was recovered from their possession.

Eternal Q3 FY26 profit jumps 73% as q-com fuels revenue surge

Eternal Q3 FY26 profit jumps 73% as q-com fuels revenue surge

Rediff.com22 Jan 2026

Eternal, the parent company of Zomato and Blinkit, on Wednesday reported a 72.8 per cent jump in its net profit for the third quarter of financial year 2026 (Q3FY26), on the back of a robust momentum in its quick commerce business. The firm's net profit rose to Rs 102 crore in Q3FY26 against Rs 59 crore it reported during the same period a year ago.

US shuts India-based call centre defrauding elderly Americans

US shuts India-based call centre defrauding elderly Americans

Rediff.com21 May 2026

US authorities have shut down an India-based call centre operation that allegedly defrauded hundreds of elderly Americans of millions of dollars through tech support scams, following a years-long investigation.

Ashok Leyland logs record profit

Ashok Leyland logs record profit

Rediff.com13 Nov 2025

Hinduja Group-led Ashok Leyland has posted a record consolidated net profit of ~820 crore in the second quarter of 2025-26 (FY26), up 7 per cent from ~767 crore during the same quarter last year.

ED Arrests Gameskraft Founders In Money Laundering Probe

ED Arrests Gameskraft Founders In Money Laundering Probe

Rediff.com8 May 2026

The Enforcement Directorate (ED) has arrested three founders of online gaming platform, Gameskraft, in an alleged fraud-linked money laundering case. Deepak Singh, Prithvi Raj Singh and Vikas Taneja have been taken into custody under the Prevention of Money Laundering Act (PMLA).

Robert Vadra Withdraws Plea In Money Laundering Case

Robert Vadra Withdraws Plea In Money Laundering Case

Rediff.com18 May 2026

Businessman Robert Vadra unconditionally withdrew his petition in the Delhi High Court challenging a trial court order that summoned him in a money laundering case linked to a land deal in Haryana's Shikohpur.

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

Rediff.com4 May 2026

IT services major LTM is set to introduce a new pricing framework, 'Blueverse Credit', in the first quarter of FY27, aiming to align monetisation with the growing adoption of agentic artificial intelligence.

Cyber Fraud Racket Busted; Three Arrested In Delhi

Cyber Fraud Racket Busted; Three Arrested In Delhi

Rediff.com9 May 2026

Delhi Police have arrested three individuals from Gujarat, Rajasthan, and Madhya Pradesh for allegedly providing mule bank accounts used to route over Rs 1.22 crore in proceeds from various cyber fraud schemes.

UK Leaders Condemn Antisemitic Stabbing Attack In London

UK Leaders Condemn Antisemitic Stabbing Attack In London

Rediff.com29 Apr 2026

British Prime Minister Keir Starmer and other UK leaders have condemned an antisemitic attack in Golders Green, London, where two men were stabbed near a synagogue. Counter-Terror officers are investigating the incident.

Fake Cosmetics Manufacturing Racket Busted in Delhi; Four Arrested

Fake Cosmetics Manufacturing Racket Busted in Delhi; Four Arrested

Rediff.com14 Apr 2026

Delhi Police busted a fake cosmetic manufacturing racket in northwest Delhi, arresting four individuals involved in the production and distribution of counterfeit hair removal cream and other products.

Think Tank Calls For Probe Into Fake Diabetes Drug Racket

Think Tank Calls For Probe Into Fake Diabetes Drug Racket

Rediff.com22 Apr 2026

An independent think tank on policing has called for a multi-agency investigation into the recent unearthing of a spurious Mounjaro (tirzepatide) injection manufacturing racket in Gurugram, offering free-of-cost forensic expertise.

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Rediff.com12 May 2026

Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Rediff.com12 May 2026

Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.

Stock Gains Vs Loss: What Gets Taxed?

Stock Gains Vs Loss: What Gets Taxed?

Rediff.com24 Apr 2026

rediffGURU T S Khurana answers readers' personal income tax queries

Navi Mumbai Investors Duped In Forex Trading Scam

Navi Mumbai Investors Duped In Forex Trading Scam

Rediff.com26 Apr 2026

A businessman in Navi Mumbai is accused of defrauding four investors of Rs 28.4 lakh through a forex trading scheme promising high returns.

Infosys Board Nods Rs 51.75 Crore Stock Grants for CEO Salil Parekh

Infosys Board Nods Rs 51.75 Crore Stock Grants for CEO Salil Parekh

Rediff.com24 Apr 2026

Infosys' board has approved annual performance-based stock grants worth Rs 51.75 crore for Chief Executive Officer and Managing Director Salil Parekh, aligning with his tenure ending in March 2027.

Man Posing As Politician's Son Cheats Mumbai Businessman

Man Posing As Politician's Son Cheats Mumbai Businessman

Rediff.com29 Apr 2026

Mumbai Police have registered a case against a man for allegedly posing as the son of a former Gujarat MP and cheating a businessman of lakhs of rupees on the promise of good returns on share market investments.

Tata Steel profit surges nearly 4x

Tata Steel profit surges nearly 4x

Rediff.com13 Nov 2025

Tata Steel on Wednesday reported a 272 per cent year-on-year (Y-o-Y) jump in consolidated net profit, attributable to owners, at Rs 3,101.75 crore in the second quarter of 2025-26 (Q2FY26) led by higher sales volumes in India and planned cost takeouts across geographies.

New labour codes drag HCLTech Q3 profit to Rs 4,076 crore

New labour codes drag HCLTech Q3 profit to Rs 4,076 crore

Rediff.com12 Jan 2026

IT services firm HCLTech on Monday reported a 11.2 per cent decline in consolidated net profit to Rs 4,076 crore in the October-December quarter of FY26.

Sex Racket Busted, Women Rescued In Arunachal Pradesh

Sex Racket Busted, Women Rescued In Arunachal Pradesh

Rediff.com4 May 2026

Police in Arunachal Pradesh have busted a sex racket operating from a resort in Roing, rescuing four women and arresting several individuals.

Investment Disclosure Tightens Tax Scrutiny

Investment Disclosure Tightens Tax Scrutiny

Rediff.com7 May 2026

From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.

Interstate Spurious Drug Racket Busted In Delhi

Interstate Spurious Drug Racket Busted In Delhi

Rediff.com7 May 2026

Delhi Police have arrested four individuals involved in an interstate racket manufacturing and distributing counterfeit prescription drugs, uncovering an illegal processing unit in Delhi.

TCS Q3 profit drops 14 pc to Rs 10,657 cr; headcount dips another 11,000

TCS Q3 profit drops 14 pc to Rs 10,657 cr; headcount dips another 11,000

Rediff.com12 Jan 2026

The country's largest IT services company TCS on Monday reported 13.91 per cent decline in December quarter net profit at Rs 10,657 crore. The Tata Group company had posted a net profit of Rs 12,380 crore in the October-December period of FY25 and Rs 12,075 crore in the preceding September quarter.

Why London Synagogue Stabbing Is Being Treated As Terror

Why London Synagogue Stabbing Is Being Treated As Terror

Rediff.com29 Apr 2026

A stabbing incident near a synagogue in north-west London, which left two Jewish men injured, has been declared a terrorist incident by UK counter-terror police. A 45-year-old man is in custody as authorities investigate whether the Jewish community was deliberately targeted.

Vijay's Election Triumph Set To Revive Jana Nayagan Release

Vijay's Election Triumph Set To Revive Jana Nayagan Release

Rediff.com12 May 2026

Vijay's electoral triumph in Tamil Nadu is poised to dramatically revive the fortunes of his much-anticipated final film, Jana Nayagan, which has been plagued by release delays, censorship battles, and a cancelled streaming deal.

Jewish men stabbed near London synagogue; police probe terror link

Jewish men stabbed near London synagogue; police probe terror link

Rediff.com30 Apr 2026

Two Jewish men were stabbed near a synagogue in north-west London, in an attack declared by police as a 'terrorist' incident. A 45-year-old man has been arrested on suspicion of attempted murder.

Delhi Police Crack Down On Illegal LPG Refilling Racket

Delhi Police Crack Down On Illegal LPG Refilling Racket

Rediff.com19 Apr 2026

Delhi Police busted two illegal LPG hoarding and refilling rackets, seizing 125 cylinders and arresting three delivery agents.

Stolen Mobile Phone Racket Busted By Delhi Police

Stolen Mobile Phone Racket Busted By Delhi Police

Rediff.com30 Apr 2026

Delhi Police have dismantled an organised racket trafficking stolen mobile phones to Nepal, arresting two individuals and recovering 40 devices. The operation involved purchasing stolen phones in Delhi and selling them in Nepal for profit.

Bengaluru Police Nab 10 Suspects in Major Drug Crackdown

Bengaluru Police Nab 10 Suspects in Major Drug Crackdown

Rediff.com16 Apr 2026

Bengaluru police have arrested 10 individuals, including three foreign nationals, for allegedly selling prohibited narcotics in the city, seizing drugs worth crores.

Delhi Police Bust Expired Food Racket, Arrest Shop Owner

Delhi Police Bust Expired Food Racket, Arrest Shop Owner

Rediff.com10 Apr 2026

Delhi Police have arrested a shop owner near the Kapashera border for selling expired food and cosmetic products. A large quantity of expired goods, including groceries and dairy products, were seized.

Should You Fall In Developers' Flexible Payments Trap?

Should You Fall In Developers' Flexible Payments Trap?

Rediff.com12 May 2026

Deferred payment plans may come with a cost, which may not be immediately visible.