News for 'Public Enterprises'

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Rediff.com5 days ago

Fintech and enterprise technology firm Paramotor Digital Technology Ltd has confidentially filed draft papers with markets regulator Sebi for an initial public offering (IPO). The company submitted its draft papers under Sebi's pre-filing route, which allows issuers to keep details related to the issue size and other key information confidential until a later stage.

Intellius Recode Seeks Funds Through Initial Public Offering

Intellius Recode Seeks Funds Through Initial Public Offering

Rediff.com29 Mar 2026

Intellius Recode Ltd has filed preliminary papers with SEBI for an IPO comprising a fresh issue of equity shares and an offer for sale by existing shareholders. The funds will be used to develop digital workers and for general corporate purposes.

Dept of Public Enterprises now part of FinMin

Dept of Public Enterprises now part of FinMin

Rediff.com7 Jul 2021

The government has merged the Department of Public Enterprises (DPE) with the finance ministry to give it a better control over state-owned firms and facilitate its ambitious privatisation programme. Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry of heavy industries and public enterprises will now be called the ministry of heavy industries. Previously, the disinvestment ministry - created under the Atal Bihari Vajpayee government - was merged with the finance ministry and is now a department under it. Also, Foreign Investment Promotion Board (FIPB) was abolished and administration of foreign investments was given to the finance ministry (FinMin).

How A Patent Workshop Is Helping Researchers And Startups

How A Patent Workshop Is Helping Researchers And Startups

Rediff.com13 May 2026

A one-day patent workshop was held at CSIR-NIIST to promote intellectual property awareness and equip researchers and startups with essential knowledge in patent filing and innovation.

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com4 days ago

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

HC clears docu-series on Lawrence Bishnoi, orders title change

HC clears docu-series on Lawrence Bishnoi, orders title change

Rediff.com11 May 2026

The Punjab and Haryana High Court has overturned the Centre's advisory against the release of ZEE5's docu-series, directing the makers to remove references to "Lawrence" and "Punjab" from the title.

RBI poised for record dividend payout, boosting government's fiscal strength

RBI poised for record dividend payout, boosting government's fiscal strength

Rediff.com13 May 2026

The Reserve Bank of India (RBI) is anticipated to make its highest-ever dividend payment to the government this year, providing a significant fiscal boost to address challenges, including those stemming from the ongoing Middle East crisis.

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Rediff.com2 days ago

The Competition Commission of India (CCI) has approved the acquisition of a stake in AI acceleration cloud provider Neysa Networks by Blackstone-backed private equity funds and other investors, following Neysa's announcement of a USD 1.2 billion capital raise.

PSU stakes can go below 51% with a golden share' shield

PSU stakes can go below 51% with a golden share' shield

Rediff.com25 Mar 2026

The Parliamentary Standing Committee on Finance has asked the finance ministry to spell out a clear legal strategy, including options such as a "golden share" or indirect control structures, to maintain strategic oversight in public sector entities if state ownership falls below 51 per cent.

India Calls For Stronger Accountability In Rapid Urban Transformation

India Calls For Stronger Accountability In Rapid Urban Transformation

Rediff.com7 May 2026

Comptroller and Auditor General of India K Sanjay Murthy highlighted the need for stronger accountability systems to support India's urban transformation and sustainable mobility push at the BRICS Supreme Audit Institutions Leaders' Summit in Bengaluru.

Public Cloud Service Drives Oracle India's Double-Digit Run

Public Cloud Service Drives Oracle India's Double-Digit Run

Rediff.com18 Feb 2026

'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'

How Tata Steel Is Using AI To Transform Operations

How Tata Steel Is Using AI To Transform Operations

Rediff.com22 Apr 2026

Tata Steel has expanded its partnership with Google Cloud to deploy a unified, enterprise-wide artificial intelligence (AI) strategy across its global value chain, resulting in significant operational improvements.

Deloitte India and IIT Bombay Collaborate to Advance Quantum Technology

Deloitte India and IIT Bombay Collaborate to Advance Quantum Technology

Rediff.com8 Apr 2026

Deloitte India has partnered with IIT Bombay to launch a Quantum Technology Centre, aiming to accelerate quantum adoption, research, and enterprise use-cases for Indian businesses.

India Is Now A Reverse Goldilocks Economy

India Is Now A Reverse Goldilocks Economy

Rediff.com5 days ago

India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.

CII urges govt to phase out fuel excise cut

CII urges govt to phase out fuel excise cut

Rediff.com11 May 2026

The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.

Rediff.com Prepares for Potential IPO

Rediff.com Prepares for Potential IPO

Rediff.com1 Apr 2026

Rediff.com India Ltd, a subsidiary of AvenuesAI Ltd, has filed draft red herring prospectus (DRHP) with SEBI through the confidential pre-filing route, marking an important step towards a potential public listing after its acquisition and strategic shift to an AI-led digital platform.

Yatra Online Teams Up with Google Cloud to Enhance Travel Experience with AI

Yatra Online Teams Up with Google Cloud to Enhance Travel Experience with AI

Rediff.com7 Apr 2026

Yatra Online has announced a strategic collaboration with Google Cloud to accelerate its AI-led transformation across corporate and personal travel, aiming to simplify booking, enhance expense management, and deliver seamless travel experiences.

India Audits 101 Cities To Assess Ease Of Living

India Audits 101 Cities To Assess Ease Of Living

Rediff.com7 May 2026

India is conducting a special audit of 101 cities to assess ease of living from the citizen's perspective, Comptroller and Auditor General K Sanjay Murthy said.

TReDS Platforms Poised for Growth as Government Mandates PSU Invoice Payments

TReDS Platforms Poised for Growth as Government Mandates PSU Invoice Payments

Rediff.com13 Apr 2026

A government mandate requiring central public sector enterprises to use the Trade Receivables Discounting System (TReDS) for settling small business invoices is expected to significantly increase volumes on these platforms.

IPL Betting Racket Busted; 12 Arrested In Andhra Pradesh

IPL Betting Racket Busted; 12 Arrested In Andhra Pradesh

Rediff.com22 Apr 2026

Police in Nellore district, Andhra Pradesh, have busted an organised online cricket betting racket, arresting 12 people and seizing cash, mobile phones, and a television. The syndicate operated through online platforms, using multiple bank accounts and PhonePe numbers for fund transfers.

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

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

Rediff.com1 May 2026

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.

India-Africa Initiative Aims to Bridge AI Skills Gap

India-Africa Initiative Aims to Bridge AI Skills Gap

Rediff.com27 Mar 2026

JNS Cloud Solutions, in partnership with upGrad Enterprise, has launched the Africa AI Skilling Initiative to accelerate digital transformation and address the skills gap in Africa.

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

West Bengal Elections: Time For Singur To Move On

West Bengal Elections: Time For Singur To Move On

Rediff.com28 Apr 2026

Years after the Nano exit, Singur's farmers now seek industry and jobs, as the land remains caught between failed promises and political contest.

Cybersecurity Expert: Critical Infrastructure Attacks Threaten Lives

Cybersecurity Expert: Critical Infrastructure Attacks Threaten Lives

Rediff.com28 Mar 2026

A cybersecurity expert warns that cyberattacks are increasingly targeting critical infrastructure, posing direct risks to human lives beyond mere data theft. The convergence of IT and OT expands the attack surface, making sectors like aviation, transport, and public utilities highly vulnerable.

From field to politics: How sportspersons fare in Indian politics

From field to politics: How sportspersons fare in Indian politics

Rediff.com31 Mar 2026

A look at the careers of Indian sportspersons who have transitioned into politics, highlighting their successes, failures, and party affiliations.

Privatisation push loses steam as IDBI Bank stake sale scrapped

Privatisation push loses steam as IDBI Bank stake sale scrapped

Rediff.com23 Mar 2026

India's privatisation push, once projected as a cornerstone of economic reform, has suffered another setback, with the Centre set to call off the IDBI Bank stake sale, highlighting the political and structural constraints shaping the country's disinvestment policy, experts say.

Indian-Origin Tech Leader Mangala Kuppa Named CIO of US Department of Labour

Indian-Origin Tech Leader Mangala Kuppa Named CIO of US Department of Labour

Rediff.com31 Mar 2026

Mangala Kuppa, an Indian-origin technology leader, has been appointed as the Chief Information Officer (CIO) of the US Department of Labour, after serving in an acting capacity since October. She also serves as the department's Chief Artificial Intelligence Officer.

What NSA Ajit Doval Told 16 Prominent Indian Muslims

What NSA Ajit Doval Told 16 Prominent Indian Muslims

Rediff.com28 Apr 2026

'I cannot imagine that any NSA before Ajit Doval would have given us this kind of time and this kind of engagement. They would have offered slogans, or nothing at all. That, too, tells you something.'

India's Republic Faces Ambedkar Test

India's Republic Faces Ambedkar Test

Rediff.com14 Apr 2026

'A genuine tribute to Dr Ambedkar does not lie in selective invocation. It lies in asking a harder question: Is the Constitution still doing its job -- restraining even assertive majorities?' asks Manoj Mohanka.

NCLT Orders Insolvency Proceedings Against Marvel Group Promoter

NCLT Orders Insolvency Proceedings Against Marvel Group Promoter

Rediff.com4 Mar 2026

The National Company Law Tribunal (NCLT) has ordered the initiation of insolvency proceedings against Vishwajeet Jhawar, promoter of Marvel Group, following a petition by APRN Enterprises for outstanding debt.

Gains ahead for Bharti Airtel on multiple triggers, recent correction

Gains ahead for Bharti Airtel on multiple triggers, recent correction

Rediff.com10 Apr 2026

Despite recent share price dips, Bharti Airtel is strategically positioned for growth, driven by investments in data centres via Nxtra, a potential tariff hike, and strong performance in Africa, alongside efforts to deleverage and expand its subscriber base in underpenetrated rural markets.

IPO pipeline strengthens; 38 cos file draft papers in March

IPO pipeline strengthens; 38 cos file draft papers in March

Rediff.com5 Apr 2026

The Indian IPO market is experiencing a significant surge in preliminary filings, with 38 companies submitting papers to SEBI in March 2026, driven by a combination of improved issuer confidence, strategic regulatory compliance, and private equity investors seeking exits amidst volatile market conditions.

A War With No Exit Strategy, No Victory To Declare

A War With No Exit Strategy, No Victory To Declare

Rediff.com20 Apr 2026

Both sides have now revealed a preference for escalation over strategic defeat, and each new provocation narrows the space for the next pause. The Touska seizure, Iran's refusal to negotiate under blockade, Israel's strikes on Iranian oil infrastructure -- all of these add up to an increasingly untenable situation. This makes the wild card -- Trump and his motormouth -- more consequential than ever, notes Prem Panicker in his must read blog on the Iran War.

India's Young Women Face Employment Gap

India's Young Women Face Employment Gap

Rediff.com10 Mar 2026

'India cannot speak of a demographic dividend if half its young women are unable to participate in paid work.'

Trump's unpredictable Iran policy baffles Americans, allies

Trump's unpredictable Iran policy baffles Americans, allies

Rediff.com31 Mar 2026

Donald Trump's inconsistent statements and actions regarding the conflict with Iran have drawn criticism and confusion, raising questions about American credibility and the direction of US foreign policy.

Court Denies Bail in Rs 117-Crore Money Laundering Case, Cites Threat to Financial Health

Court Denies Bail in Rs 117-Crore Money Laundering Case, Cites Threat to Financial Health

Rediff.com25 Mar 2026

A special court in Mumbai has denied bail to Pune businessman Amit Thepade in a Rs 117-crore money laundering case, citing the serious threat economic offences pose to the country's financial health. The court highlighted substantial evidence linking Thepade to the crime under the Prevention of Money Laundering Act (PMLA).

Court Denies Bail in Rs 117-Crore Money Laundering Case, Cites Threat to Financial Health

Court Denies Bail in Rs 117-Crore Money Laundering Case, Cites Threat to Financial Health

Rediff.com24 Mar 2026

A special court in Mumbai has denied bail to Pune businessman Amit Thepade in a Rs 117-crore money laundering case, citing the serious threat economic offences pose to the country's financial health.

ED Files Chargesheet Against Former Reliance Communications President in Loan Fraud Case

ED Files Chargesheet Against Former Reliance Communications President in Loan Fraud Case

Rediff.com27 Mar 2026

The Enforcement Directorate has filed a chargesheet against former Reliance Communications president Punit Garg and another individual in connection with a money laundering probe linked to an alleged Rs 40,000 crore bank loan fraud.

Pakistan most polluted country in the world, India at 6th place

Pakistan most polluted country in the world, India at 6th place

Rediff.com24 Mar 2026

The 8th World Air Quality report reveals Pakistan as the most polluted country, with India ranking sixth. The report analyses air quality data from over 9,446 cities across 143 countries, highlighting the severe impact of pollution on global health, especially for children.