News for 'Office of Profit'

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.

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.

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.

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).

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.

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.

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 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

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.

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.

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.

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.

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.

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.

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.

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.

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.

Siemens Energy India net profit rises 31% to Rs 360 cr in Q2

Siemens Energy India net profit rises 31% to Rs 360 cr in Q2

Rediff.com25 Nov 2025

Siemens Energy India on Tuesday posted an over 31 per cent year-on-year increase in its net profit to Rs 360 crore during July-September quarter, mainly on the back of higher revenues. Its net profit stood at Rs 274 crore in the quarter ended September 2024, a company statement said.

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.

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.

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.

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.

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.

Investors slow to lap up FMCG majors' stocks wanes

Investors slow to lap up FMCG majors' stocks wanes

Rediff.com28 Apr 2026

Companies in the fast-moving consumer goods (FMCG) sector are losing favour with equity investors, with their price-to-earnings (P/E) ratio declining to its lowest level in six years, now trading at 38.8 times trailing earnings.

Wipro's Board Approves Mega Rs 15,000 Crore Share Buyback, Largest in Company History

Wipro's Board Approves Mega Rs 15,000 Crore Share Buyback, Largest in Company History

Rediff.com16 Apr 2026

IT services giant Wipro's board has given the green light to a massive Rs 15,000 crore share repurchase programme, aiming to buy back over 5 per cent of its equity, or up to 60 crore shares, from shareholders at Rs 250 per share, reflecting an 18 per cent premium.

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

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

Rediff.com29 Apr 2026

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

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.

Canada first G7 nation to okay Dr Reddy's generic version of semaglutide

Canada first G7 nation to okay Dr Reddy's generic version of semaglutide

Rediff.com30 Apr 2026

Dr Reddy's Laboratories has received approval from Health Canada to sell a generic version of the diabetes drug semaglutide, making it the first company to get market authorisation for a generic semaglutide injection in Canada and the first in a G7 country.

Duped of Rs 8 crore, ex-IPS officer attempts suicide

Duped of Rs 8 crore, ex-IPS officer attempts suicide

Rediff.com22 Dec 2025

Former IPS officer Amar Singh Chahal allegedly shot himself after claiming he was duped of Rs 8.10 crore by cyber thugs. He was one of the accused in the 2015 police firing cases related to anti-sacrilege protests in Faridkot.

Delhi: Three Arrested For Black Marketing Of LPG Cylinders

Delhi: Three Arrested For Black Marketing Of LPG Cylinders

Rediff.com18 Apr 2026

Delhi Police arrested three individuals in Shaheen Bagh for allegedly hoarding and black marketing domestic LPG cylinders. The accused were caught after a raid and found to be illegally transferring subsidised gas for profit.

The Rediff Podcast: Ajit Balakrishnan: The Man Who Put India On The Web

The Rediff Podcast: Ajit Balakrishnan: The Man Who Put India On The Web

Rediff.com9 Apr 2026

'Technology doesn't decide its destiny-humans do. We choose whether it becomes a weapon or a tool for progress.' 'Every breakthrough looks like a miracle at first, a disappointment later -- and finally, just another useful tool.'

Three Arrested in Delhi for Rs 10 Lakh Online Investment Scam

Three Arrested in Delhi for Rs 10 Lakh Online Investment Scam

Rediff.com11 Apr 2026

Delhi Police have arrested three individuals for their alleged involvement in an online investment fraud of Rs 10 lakh. The accused lured a complainant with promises of high returns on stock market investments before ceasing communication after receiving the funds.

M&M refines supply chain strategy to counter global disruptions

M&M refines supply chain strategy to counter global disruptions

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is implementing a comprehensive, multi-layered strategy to fortify its supply chains against geopolitical volatility, logistical challenges, and regulatory risks, drawing lessons from recent global disruptions.

Vikash Lohia Tops Hurun Successors List

Vikash Lohia Tops Hurun Successors List

Rediff.com23 Apr 2026

Karan Adani of Adani Ports & Special Economic Zone emerged as the top absolute value creator, adding Rs 2.67 trillion as the company's mcap rose from Rs 42,149 crore in March 2020 to Rs 3.09 trillion in March 2026 (7.3x) -- the largest rupee addition on the list.

Fake Auto Parts Racket Busted in Delhi, Two Arrested

Fake Auto Parts Racket Busted in Delhi, Two Arrested

Rediff.com14 Apr 2026

Delhi Police have dismantled a fake auto parts racket operating in Karol Bagh, arresting two individuals and seizing counterfeit spare parts valued at Rs 25-30 lakh.

Top end luxury cars power Mercedes over entry-level models

Top end luxury cars power Mercedes over entry-level models

Rediff.com13 Apr 2026

What we will not do is discount deeply, neither will we compromise on product substance, says Managing Director and Chief Executive Officer (MD&CEO) Santosh Iyer.

Police Investigate More Suspects in Kanpur Kidney Racket

Police Investigate More Suspects in Kanpur Kidney Racket

Rediff.com31 Mar 2026

Police in Kanpur, Uttar Pradesh, have identified additional suspects in an illegal kidney transplant racket involving multiple private hospitals, following the arrest of five doctors and the alleged kingpin.