News for 'Regulatory Services'

Bharti Airtel's Q4 net profit drops 33.5% to Rs 7,325 crore due to one-time provisions

Bharti Airtel's Q4 net profit drops 33.5% to Rs 7,325 crore due to one-time provisions

Rediff.com13 May 2026

Bharti Airtel reported a 33.5 per cent decline in consolidated net profit to Rs 7,325 crore for the March 2026 quarter, primarily attributed to one-time provisions for statutory and tax liabilities.

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

Rediff.com4 May 2026

SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.

How Hyderabad Police Busted A Ghost SIM Card Racket

How Hyderabad Police Busted A Ghost SIM Card Racket

Rediff.com20 May 2026

Hyderabad Police have apprehended 66 individuals linked to a nationwide 'ghost' SIM card network, connected to 76 cybercrime cases involving over Rs 101 crore.

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.

SC orders eviction plan for 118 govt servants encroaching on TN's Agasthyamalai

SC orders eviction plan for 118 govt servants encroaching on TN's Agasthyamalai

Rediff.com2 Jun 2026

The Supreme Court has directed the preparation and implementation of a time-bound eviction plan to address encroachments within the protected areas of the Agasthyamalai ecological landscape in Tamil Nadu, also ordering action against government servants involved.

Udaan Operations Disrupted By Fraudulent SMS Scam: All You Need To Know

Udaan Operations Disrupted By Fraudulent SMS Scam: All You Need To Know

Rediff.com6 May 2026

An FIR has been registered against unknown individuals for allegedly sending fraudulent messages in the name of e-commerce platform Udaan, promising cash rewards and disrupting its operations.

India's M&A market resilient, poised for $200 billion annual run-rate

India's M&A market resilient, poised for $200 billion annual run-rate

Rediff.com11 May 2026

India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.

Why Gold Loan Boom Needs Caution

Why Gold Loan Boom Needs Caution

Rediff.com11 May 2026

Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.

Oil Price Surge, FII Outflows Drag Indian Stock Markets Lower

Oil Price Surge, FII Outflows Drag Indian Stock Markets Lower

Rediff.com28 Apr 2026

Indian benchmark indices Sensex and Nifty experienced declines due to a sharp rally in crude oil prices, continuous foreign fund outflows, and geopolitical uncertainties. Regulatory developments in the banking sector, particularly the implementation of the Expected Credit Loss (ECL) framework, also contributed to the selling pressure.

Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Rediff.com1 Feb 2026

India is a global leader in software development services, IT enabled services, knowledge process outsourcing services and contract R&D services relating to software development, Sitharaman said noting these business segments are quite inter-connected with each other.

Punjab Assembly Approves Prison Reform, Societies Amendment Bills

Punjab Assembly Approves Prison Reform, Societies Amendment Bills

Rediff.com1 May 2026

The Punjab Assembly has passed the Punjab Prisons and Correctional Services Bill, 2026, to modernise the prison system, and the Societies Registration (Punjab Amendment) Bill 2026, to enhance transparency and accountability of societies.

Mutual funds' stock market lead over LIC widens for fifth year in a row

Mutual funds' stock market lead over LIC widens for fifth year in a row

Rediff.com25 May 2026

India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.

Street signs: Bank-backed brokers may regain edge, IPO pipeline stalls

Street signs: Bank-backed brokers may regain edge, IPO pipeline stalls

Rediff.com6 Apr 2026

India's market landscape is undergoing significant shifts, with bank-backed brokerages potentially regaining dominance over discount platforms due to regulatory changes and increased taxes, while the IPO pipeline faces a slowdown amid heightened global volatility.

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Rediff.com18 May 2026

Credit card transactions in India have surged over 2.6 times between 2021 and 2025, reaching 570 crore volumes and Rs 23.2 lakh crore in value, with private sector banks significantly increasing their market share, according to a recent RBI report.

Why Credit Card Usage Is Booming In India

Why Credit Card Usage Is Booming In India

Rediff.com18 May 2026

Credit card transactions in India have surged over 2.6 times between 2021 and 2025, driven by private sector banks, while debit card usage declines due to growing adoption of UPI and digital wallets, according to an RBI report.

Paytm Reassures RBI Action Has No Financial Impact

Paytm Reassures RBI Action Has No Financial Impact

Rediff.com25 Apr 2026

Paytm (One 97 Communications Ltd) has stated that the Reserve Bank of India's action on Paytm Payments Bank Ltd (PPBL) has no financial or business impact on the company. The fintech firm clarified it has no material business arrangements or exposure with the banking entity, which operates independently.

Heard About NPS' RIS Scheme For Your Parents?

Heard About NPS' RIS Scheme For Your Parents?

Rediff.com27 May 2026

RIS Steady Life Cycle begins with an equity allocation of 35 per cent at age 60, which gradually reduces. Between ages 75 and 85, it remains constant at 10 per cent.

New Labour Codes: How a 4-day workweek could become a reality in India

New Labour Codes: How a 4-day workweek could become a reality in India

Rediff.com11 May 2026

The Indian government has notified final rules under four labour codes, potentially enabling a four-day workweek in certain sectors by capping weekly working hours at 48 while allowing daily flexibility. This move also introduces significant changes to wage fixation, compliance obligations, and social security norms.

Gulf War: Indian Airlines Face Rs 2,500 Cr Losses

Gulf War: Indian Airlines Face Rs 2,500 Cr Losses

Rediff.com14 Apr 2026

The broader conflict in West Asia, the largest international market for Indian carriers, has forced a sharp reduction in daily flights relative to the summer schedule.

Big verdict: No RTI for BCCI, rules CIC

Big verdict: No RTI for BCCI, rules CIC

Rediff.com18 May 2026

The Central Information Commission has ruled that the Board of Control for Cricket in India does not qualify as a 'public authority' under the Right to Information Act, effectively placing it outside the scope of RTI disclosures.

VinFast to roll out e-taxi service in 5 metros

VinFast to roll out e-taxi service in 5 metros

Rediff.com2 Feb 2026

GSM, which is potentially eyeing a Hong Kong listing and was recently valued at $20 billion, operates on a distinct model -- it owns the e-taxis and employs the drivers, while also supplying cars to independent drivers or fleet operators.

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

Rediff.com29 Apr 2026

'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'

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.

Wipro Creates New AI Unit, Appoints Nagendra Bandaru as CEO

Wipro Creates New AI Unit, Appoints Nagendra Bandaru as CEO

Rediff.com1 Apr 2026

Wipro has announced the launch of a dedicated AI-Native Business and Platforms unit, leading to a leadership shuffle with Nagendra Bandaru appointed as CEO and Kanwar Singh joining as President and Managing Partner of Technology Services GBL.

Rights Issues Surge to Multi-Decade High as QIPs Plummet in FY26 Amid Market Volatility

Rights Issues Surge to Multi-Decade High as QIPs Plummet in FY26 Amid Market Volatility

Rediff.com6 Apr 2026

Financial year 2025-26 (FY26) saw a significant shift in corporate fundraising, with rights issues more than doubling to a multi-decade high of 51, raising 44,290 crore, while qualified institutional placements (QIPs) more than halved to 29 issues, mobilising 62,954 crore, driven by sharp equity market corrections and regulatory changes.

'Equity Investing In Good Shape And Fashionable As Ever!'

'Equity Investing In Good Shape And Fashionable As Ever!'

Rediff.com29 Apr 2026

'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'

'FIIs Looking For Consistency In Regulatory Actions'

'FIIs Looking For Consistency In Regulatory Actions'

Rediff.com30 Jul 2025

'As long as Sebi maintains transparency and market stability, the Jane Street episode is unlikely to deter long-term foreign capital.'

RBI Unveils 'Payments Vision 2028' with Focus on Digital Security and Innovation

RBI Unveils 'Payments Vision 2028' with Focus on Digital Security and Innovation

Rediff.com27 Mar 2026

The Reserve Bank of India (RBI) has introduced its 'Payments Vision 2028' document, outlining initiatives to enhance digital payment security, introduce electronic cheques, and expand regulatory oversight to include e-commerce entities.

Govt may hike FDI limit to 100% in pension sector; bill likely in Monsoon Session

Govt may hike FDI limit to 100% in pension sector; bill likely in Monsoon Session

Rediff.com19 Apr 2026

The Indian government is reportedly considering increasing the foreign direct investment (FDI) limit in the pension sector to 100 per cent, bringing it in line with the insurance sector. A Bill to amend the PFRDA Act, 2013, is expected in an upcoming Parliament session.

Shares of life insurers dip as DFS calls for end to exclusive bank tie-ups

Shares of life insurers dip as DFS calls for end to exclusive bank tie-ups

Rediff.com22 Apr 2026

Shares of Indian life insurance companies, particularly SBI Life Insurance and Canara HSBC Life Insurance, saw significant declines after the Department of Financial Services (DFS) secretary, M Nagaraju, stated that banks are being asked to avoid exclusive tie-ups with their own insurance subsidiaries and instead remain neutral.

Bike taxis to resume service in Karnataka as HC lifts ban

Bike taxis to resume service in Karnataka as HC lifts ban

Rediff.com24 Jan 2026

Calling the decision a win for the people of Karnataka, a Rapido spokesperson said it was not just a legal victory but a milestone moment for urban mobility in the state.

GST rationalisation, equity volatility to hit insurers' Q4FY26 profitability

GST rationalisation, equity volatility to hit insurers' Q4FY26 profitability

Rediff.com14 Apr 2026

Indian insurance companies are bracing for reduced profitability in Q4FY26, primarily due to the rationalisation of GST on retail life and health policies, leading to a loss of input tax credit, coupled with volatility in equity markets impacting investment income.

J-K Education Board to Act Against Schools Hiking Fees Arbitrarily

J-K Education Board to Act Against Schools Hiking Fees Arbitrarily

Rediff.com30 Mar 2026

The Jammu and Kashmir government has directed the JKBOSE to take strict action against private schools found to be arbitrarily increasing fees and violating established regulations.

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.

Tim Cook to step down as Apple CEO, John Ternus to take over

Tim Cook to step down as Apple CEO, John Ternus to take over

Rediff.com21 Apr 2026

Tim Cook will step down as Chief Executive Officer of Apple Inc. and take over as executive chairman of the company's board, with John Ternus set to become the new CEO from September 1, the company announced on Monday.

Private Banks Face CEO Talent Crunch

Private Banks Face CEO Talent Crunch

Rediff.com30 Mar 2026

What is the reason behind this drying up of talent for the top post in private banks?

How AI is Transforming India's Telecom Sector, According to TRAI

How AI is Transforming India's Telecom Sector, According to TRAI

Rediff.com23 Mar 2026

TRAI Chairman Anil Kumar Lahoti highlights the increasing importance of Artificial Intelligence in the design, management, and experience of telecom networks in India, noting its role in self-optimising networks, cybersecurity, and preparing for 6G technology.

Chandrasekaran addresses Air India staff, stresses transformation & safety

Chandrasekaran addresses Air India staff, stresses transformation & safety

Rediff.com11 Apr 2026

Tata Sons Chairman N Chandrasekaran addressed Air India employees, acknowledging the airline's challenging phase while reaffirming the Tata Group's commitment to its long-term transformation, focusing on service quality, safety, and operational improvements.

Indian Banks Discuss AI Security Risks After Global Concerns

Indian Banks Discuss AI Security Risks After Global Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss the risks associated with Artificial Intelligence (AI) following global concerns about Anthropic's Mythos model and its potential threat to financial systems' data security.

ICICI Bank Hit with 768.6 Crore GST Demand Notice

ICICI Bank Hit with 768.6 Crore GST Demand Notice

Rediff.com19 Mar 2026

ICICI Bank has received a demand notice of 768.6 crore from tax authorities for alleged short payment of GST, related to services provided to customers maintaining minimum balances.