News for 'RS5'

Chembur tree collapse: Contractor fined, BMC to implement new SOPs

Chembur tree collapse: Contractor fined, BMC to implement new SOPs

Rediff.com14 Jul 2026

A committee investigating the fatal Chembur tree crash has recommended fines of Rs 5 lakh on the roadwork contractor and Rs 2 lakh on the supervising consultant. The panel found no prima facie fault with BMC's garden and roads departments but suggested implementing a Standard Operating Procedure for urban tree safety and appointing tree experts to oversee pruning work to prevent future incidents.

Nayara slashes petrol, diesel prices; jet fuel price cut

Nayara slashes petrol, diesel prices; jet fuel price cut

Rediff.com1 Jul 2026

Nayara Energy, India's largest private fuel retailer, has reduced petrol prices by Rs 5 per litre and diesel by Rs 3 per litre nationwide, marking the first such cut in over two years. This reduction follows easing tensions in West Asia and stabilised international crude oil prices, though public sector retailers have not yet followed suit.

10 Sequels That Came With Longest Gaps

10 Sequels That Came With Longest Gaps

Rediff.com14 Aug 2026

Awarapan 2, featuring Emraan Hashmi, is set to release 19 years after its original, joining a growing trend of long-delayed Bollywood sequels attempting to capitalise on nostalgia and past successes like Gadar 2 and Border 2, but not all such reboots guarantee box office triumph.

Netweb Technologies Records Stellar Q1 Growth Driven By AI Systems

Netweb Technologies Records Stellar Q1 Growth Driven By AI Systems

Rediff.com28 Jul 2026

High-performance computing server maker Netweb Technologies reported a more than twofold increase in net profit to Rs 85.32 crore for the first quarter ended June 30, 2026. This significant growth was primarily driven by its AI Systems segment, which contributed over 62% of the revenue. The company also saw its revenue from operations more than double to Rs 819.6 crore, reflecting strong demand and disciplined execution, with a robust order book of Rs 2,507 crore.

Bharti Airtel's Q1 FY27 profit surges 37.3% driven by premium users

Bharti Airtel's Q1 FY27 profit surges 37.3% driven by premium users

Rediff.com5 Aug 2026

Bharti Airtel, India's second-largest telecom operator, reported a 37.3 per cent rise in consolidated net profit to 8,167 crore for Q1 FY27, driven by the addition of high-paying premium customers, despite missing Bloomberg consensus estimates.

10 Stars Who Clashed With Themselves On The Same Day!

10 Stars Who Clashed With Themselves On The Same Day!

Rediff.com12 Aug 2026

Before Shabana Azmi tries to outrival herself in the Batwara 1947 and Awarapan 2 clash, we look at other Bollywood stars whose films released on the same day.

Cipla Q1 net profit drops 39% to Rs 785.55 crore, North America sales down

Cipla Q1 net profit drops 39% to Rs 785.55 crore, North America sales down

Rediff.com23 Jul 2026

Homegrown pharma major Cipla Ltd reported a 39 per cent decline in consolidated net profit to Rs 785.55 crore in the first quarter ended June 2026, primarily due to a dip in sales in the North American market and higher expenses.

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

Rediff.com29 Jul 2026

India's public sector banks (PSBs) have seen their net profit nearly treble over the past five years, reaching a record Rs 1.98 trillion in FY26, driven by significant improvements in asset quality and sustained lending growth across key economic sectors.

Lawyers to move court for FIR against Champat Rai, others

Lawyers to move court for FIR against Champat Rai, others

Rediff.com13 Jul 2026

Lawyers from the Faizabad Bar Association plan to approach the court after police allegedly refused to register an FIR against former Shri Ram Janmabhoomi Teerth Kshetra Trust members Champat Rai, Anil Mishra, and Gopal Rao in a Ram temple donation embezzlement case. The lawyers had filed a complaint on July 2 and are seeking a fair investigation into the allegations.

Cigarette tax hike impacts ITC's Q1 net profit, down 16.2%

Cigarette tax hike impacts ITC's Q1 net profit, down 16.2%

Rediff.com1 Aug 2026

ITC reported a 16.2 per cent year-on-year drop in consolidated net profit to 4,394.13 crore in Q1 FY27, primarily due to a significant increase in taxes on its cigarette business. Consolidated net revenues also declined by 11.1 per cent to 19,114 crore, missing analyst estimates.

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Rediff.com4 Aug 2026

Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.

Delhi Court Convicts Father and Son in Murder Case Over Rs 5,000 Loan

Delhi Court Convicts Father and Son in Murder Case Over Rs 5,000 Loan

Rediff.com5 Mar 2026

A Delhi court has convicted a man and his father for the murder of a youth in 2021, stemming from a dispute over a Rs 5,000 loan in the Welcome area of northeast Delhi.

M Chinnaswamy Stadium Upgrades To State-Of-The-Art LED Floodlights

M Chinnaswamy Stadium Upgrades To State-Of-The-Art LED Floodlights

Rediff.com4 Jul 2026

The Karnataka State Cricket Association has upgraded the M Chinnaswamy Stadium's floodlighting system to advanced LED technology, replacing older metal-halide lights. This upgrade ensures superior illumination, energy efficiency, and compliance with modern broadcasting standards, enhancing the experience for players, officials, and viewers.

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Rediff.com3 Aug 2026

Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.

NSE targets to launch Rs 30,000-cr IPO in Sep

NSE targets to launch Rs 30,000-cr IPO in Sep

Rediff.com6 Jul 2026

The National Stock Exchange (NSE) is reportedly planning to launch its much-anticipated initial public offering (IPO), estimated at around Rs 30,000 crore, in September, potentially valuing the exchange at over Rs 5 lakh crore.

Former Sena-UBT MP's daughter-in-law accuses him of torture, black magic

Former Sena-UBT MP's daughter-in-law accuses him of torture, black magic

Rediff.com12 Jul 2026

Former Shiv Sena (UBT) Lok Sabha member Vinayak Raut, his son, and five others have been booked for allegedly physically, mentally, and financially torturing his daughter-in-law, Girija Raut, and subjecting her to black magic. The complaint details allegations of abuse, medical negligence, and occult rituals, which the Raut family vehemently denies, stating the accusations are an attempt to pressure them amidst ongoing divorce proceedings.

Odisha Cong MLAs 'offered' Rs 5 cr ahead of RS poll; 2 arrested

Odisha Cong MLAs 'offered' Rs 5 cr ahead of RS poll; 2 arrested

Rediff.com15 Mar 2026

Two individuals have been arrested in Bengaluru for allegedly attempting to bribe Odisha Congress MLAs, who are staying at a resort, as part of what Karnataka's Deputy Chief Minister D K Shivakumar claims is the BJP's 'Operation Lotus'.

Why AI Agents Can't Go Fully Autonomous Yet

Why AI Agents Can't Go Fully Autonomous Yet

Rediff.com3 Aug 2026

The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.

Assam flood death toll touches 75; over 3.3 lakh affected

Assam flood death toll touches 75; over 3.3 lakh affected

Rediff.com29 Jul 2026

Assam's flood death toll has climbed to 75 with seven new fatalities, even as the number of affected people decreased. The state government has increased the ex gratia payment to Rs 9 lakh per deceased family and relaxed norms for claiming compensation, including waiving mandatory post-mortem reports.

Why Start-up Employees May Retire Poor

Why Start-up Employees May Retire Poor

Rediff.com4 Aug 2026

An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Rediff.com8 May 2026

'We are targeting a 2.5x to 3x increase in valuation by FY31.'

Fake GST Credit Jumps To Rs 75,000 Cr In FY26

Fake GST Credit Jumps To Rs 75,000 Cr In FY26

Rediff.com29 Jul 2026

Central tax authorities detected input tax credit (ITC) fraud worth Rs 74,781.56 crore across 30,162 cases in FY26, more than doubling the number of cases from the previous year, according to the Ministry of Finance.

IRS officer's daughter murder: 973-page chargesheet reveals chilling sequence

IRS officer's daughter murder: 973-page chargesheet reveals chilling sequence

Rediff.com17 Jul 2026

The Delhi police filed a 973-page chargesheet in a city court against Rahul Meena, the former domestic help accused in the rape and killing of the 22-year-old daughter of a senior IRS officer, officials said on Friday.

Bank of Baroda to pay $600 million to settle NMC Health litigation

Bank of Baroda to pay $600 million to settle NMC Health litigation

Rediff.com3 Jul 2026

State-owned Bank of Baroda (BoB) has agreed to pay $600 million (about 5,700 crore) to settle litigation arising from the collapse of NMC Health, ending years of cross-border legal proceedings.

L&T's Q1 profit jumps 14% to Rs 3,926 crore, beating estimates

L&T's Q1 profit jumps 14% to Rs 3,926 crore, beating estimates

Rediff.com29 Jul 2026

Larsen & Toubro (L&T) reported a 14 per cent year-on-year increase in Q1 FY27 profit attributable to owners, reaching Rs 3,926 crore, surpassing analyst estimates, despite facing significant supply-chain disruptions in West Asia.

Delhi Premier League T20 Auction Set To Feature Top Cricketers

Delhi Premier League T20 Auction Set To Feature Top Cricketers

Rediff.com30 Jun 2026

The third Delhi Premier League T20 auction will see 600 players, including prominent Indian cricketers Rishabh Pant and Pratika Rawal, go under the hammer. Eight men's and four women's franchises will participate, with specific purse allocations for bidding. Players are categorised based on their experience, with varying base prices for each category.

Was Bullet train bridge washed away in rains? Officials clarify

Was Bullet train bridge washed away in rains? Officials clarify

Rediff.com15 Jul 2026

Officials clarified that only a temporary access structure for the Mumbai-Ahmedabad bullet train project's Ulhas river bridge was affected by heavy rains in Thane, not the permanent bridge itself. The National High Speed Rail Corporation Limited (NHSRCL) confirmed the incident did not impact the project's design, safety, or execution.

Ahmedabad blasts: Why HC upheld death sentence for 38 IM terrorists

Ahmedabad blasts: Why HC upheld death sentence for 38 IM terrorists

Rediff.com14 Jul 2026

A division bench of justices AY Kogje and Samir Dave, in its July 7 judgment cited the "humongous" conspiracy, the intention to spread widespread terror and the large number of casualties as key reasons for affirming the punishment.

CBDT Targets Rs 26.97 Trillion Direct Tax Collection

CBDT Targets Rs 26.97 Trillion Direct Tax Collection

Rediff.com6 Jul 2026

Tax collection so far has been encouraging, with net direct tax receipts reaching Rs 5.21 trillion by June 17, nearly a 15 per cent increase compared to the same period last year.

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

Rediff.com23 Jul 2026

Mobile payments pioneer Paytm reported significant growth in its UPI payments business for Q1 FY27, driven by app simplification, AI investments, and a focus on attracting Gen Z customers. The company saw a 45% year-on-year increase in Consumer UPI Gross Transaction Value and a rise of 60 lakh in Monthly Transacting Users, outpacing the industry. Paytm's strategy prioritises customer retention and product innovation, leading to a profitable quarter with strong revenue and EBITDA growth, further supported by AI-led operational efficiencies and an India-focused language model.

NEET-UG Counselling: Essential Tips to Avoid Costly Mistakes and Secure Your Medical Seat

NEET-UG Counselling: Essential Tips to Avoid Costly Mistakes and Secure Your Medical Seat

Rediff.com31 Jul 2026

As the Medical Counselling Committee (MCC) web site opens for NEET-UG registration, aspiring medical students are urged to avoid simple, yet costly, mistakes during the online counselling process, with experts advising thorough preparation and careful choice filling.

Ahmedabad blasts an attack on India's sovereignty, meant to topple govt: HC

Ahmedabad blasts an attack on India's sovereignty, meant to topple govt: HC

Rediff.com15 Jul 2026

The Gujarat high court has characterised the 2008 Ahmedabad serial bomb blasts as a direct assault on India's sovereignty and democratic governance.

Q1 Earnings, West Asia Tensions, Crude Oil to Drive Market Movement This Week

Q1 Earnings, West Asia Tensions, Crude Oil to Drive Market Movement This Week

Rediff.com19 Jul 2026

Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.

How To Get Tickets For The BWF World Championships In New Delhi

How To Get Tickets For The BWF World Championships In New Delhi

Rediff.com22 Jun 2026

The BWF World Championships are returning to India after 17 years, to be held in New Delhi from August 17-23. Tickets, priced from Rs 499 to Rs 5,500, are now on sale through BookMyShow, with various categories and early bird discounts available. Indian stars like Lakshya Sen and PV Sindhu, alongside international badminton greats, are set to compete.

Anti-Paper Leak Bill: Political Battleground In Parliament

Anti-Paper Leak Bill: Political Battleground In Parliament

Rediff.com27 Jul 2026

Monday's proceedings demonstrated that the legislative debate has become inseparable from the broader political crisis surrounding the NEET controversy.

Hockey legend KD Singh Babu's ancestral home triggers UP political slugfest

Hockey legend KD Singh Babu's ancestral home triggers UP political slugfest

Rediff.com20 Jul 2026

Uttar Pradesh Chief Minister Yogi Adityanath on Monday accused the Samajwadi Party of allowing the ancestral house of eminent hockey player KD Singh 'Babu' in Barabanki to go on sale, asserting that his government intervened to prevent it.

Doctor's E20 Petrol Car Ordeal: 'I've Lost Faith In Maruti'

Doctor's E20 Petrol Car Ordeal: 'I've Lost Faith In Maruti'

Rediff.com20 Jul 2026

'I am now driving an electric vehicle. I have lost faith in petrol-run cars.'

Stalin credits Rs 5,000 to 1.31cr women ahead of TN polls

Stalin credits Rs 5,000 to 1.31cr women ahead of TN polls

Rediff.com13 Feb 2026

Tamil Nadu Chief Minister M K Stalin pledges to double the monthly grant if his DMK party secures victory in the upcoming assembly election, aiming to empower women and secure their support.

UPI Transactions See Monthly Dip But Annual Growth Remains Robust

UPI Transactions See Monthly Dip But Annual Growth Remains Robust

Rediff.com1 Jul 2026

Unified Payments Interface (UPI) transactions moderated slightly in June from a record high in May, reaching Rs 28.9 lakh crore. Despite a month-on-month decrease in volume, the daily average transactions hit a new high, indicating UPI's strong adoption for low-value payments. The platform also demonstrated significant annual growth and expanding international presence.

How Modi's Political Aura Crumbled At Jantar Mantar

How Modi's Political Aura Crumbled At Jantar Mantar

Rediff.com27 Jul 2026

It was left to an incensed Gen Z to show the rest of India that enough was enough, and that the time had come to shatter the fear psychosis generated by the government's authoritarian approach to protests and criticism, points out M R Narayan Swamy.