News for 'Revenue Intelligence'

Kannada Actress Ranya Rao To Be Released After Smuggling Case

Kannada Actress Ranya Rao To Be Released After Smuggling Case

Rediff.com22 Apr 2026

Kannada film actress Ranya Rao is set to be released from Bengaluru Central Jail after a year of detention in a gold smuggling case.

DRI Busts Smuggling Racket At Nhava Sheva Port

DRI Busts Smuggling Racket At Nhava Sheva Port

Rediff.com20 Apr 2026

The Directorate of Revenue Intelligence (DRI) has uncovered a smuggling operation at Nhava Sheva Port in Navi Mumbai, seizing 132 containers of restricted watermelon seeds and green peas worth Rs 139 crore.

Nasscom To Focus On AI Integration And Revenue Growth

Nasscom To Focus On AI Integration And Revenue Growth

Rediff.com23 Apr 2026

Nasscom's newly appointed Chairman, Srikanth Velamakanni, outlines key priorities including restoring revenue growth in IT firms and promoting the role of artificial intelligence and other technologies in companies.

Mumbai Airport Gold Smuggling Racket Busted: 24 Women Arrested

Mumbai Airport Gold Smuggling Racket Busted: 24 Women Arrested

Rediff.com9 Apr 2026

The Directorate of Revenue Intelligence (DRI) has dismantled a gold smuggling operation at Mumbai's Chhatrapati Shivaji Maharaj International Airport, arresting 24 female carriers and seizing a significant quantity of gold.

DRI Seizes Crystal Meth, Arrests Two At Secunderabad Station

DRI Seizes Crystal Meth, Arrests Two At Secunderabad Station

Rediff.com28 Apr 2026

The Directorate of Revenue Intelligence (DRI) seized 11.4 kg of crystal meth worth Rs 11.4 crore at Secunderabad railway station and arrested two women passengers.

DRI Seizes Cocaine Capsules Worth Crores from Train Passenger in Nagpur

DRI Seizes Cocaine Capsules Worth Crores from Train Passenger in Nagpur

Rediff.com13 Apr 2026

The Directorate of Revenue Intelligence (DRI) seized 50 capsules containing 853 grams of cocaine, valued at 4.26 crore, from a woman on the Rajdhani Express at Nagpur station.

DRI Busts International Gold Smuggling Syndicate at Bengaluru Airport

DRI Busts International Gold Smuggling Syndicate at Bengaluru Airport

Rediff.com8 Apr 2026

The Directorate of Revenue Intelligence (DRI) has dismantled a major international gold smuggling syndicate operating through Kempegowda International Airport in Bengaluru, arresting five individuals and seizing a significant quantity of gold.

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

Rediff.com3 May 2026

SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.

Mumbai Airport Gold Seizure: 24 Women Arrested in Smuggling Operation

Mumbai Airport Gold Seizure: 24 Women Arrested in Smuggling Operation

Rediff.com10 Apr 2026

The Directorate of Revenue Intelligence (DRI) seized 29.37 kg of gold worth Rs 37.74 crore from 24 women at Mumbai's Chhatrapati Shivaji Maharaj International Airport, uncovering a significant smuggling operation.

Rs 1.58 Crore Worth Of Meth Seized At Calicut Airport

Rs 1.58 Crore Worth Of Meth Seized At Calicut Airport

Rediff.com18 Apr 2026

The Directorate of Revenue Intelligence (DRI) seized crystal methamphetamine worth approximately Rs 1.58 crore from a passenger at Calicut International Airport and arrested him under the NDPS Act.

Indian Authorities Halt Illegal Red Sanders Export Attempt at Cochin Port

Indian Authorities Halt Illegal Red Sanders Export Attempt at Cochin Port

Rediff.com28 Mar 2026

The Directorate of Revenue Intelligence (DRI) has successfully intercepted and seized 512 kg of red sanders at Cochin Port, preventing its illegal export to China. The red sanders were concealed within a consignment declared as rubber core veneer.

DRI Seizes Rs 70 Crore Worth of Drugs in Kerala

DRI Seizes Rs 70 Crore Worth of Drugs in Kerala

Rediff.com3 Mar 2026

The Directorate of Revenue Intelligence (DRI) has seized approximately Rs 70 crore worth of drugs in Kerala this financial year, leading to 21 arrests. The latest seizure involved nearly two kg of crystal methamphetamine at Kozhikode International Airport.

Mumbai Firms Busted for Importing Banned Walkie-Talkies and E-Waste

Mumbai Firms Busted for Importing Banned Walkie-Talkies and E-Waste

Rediff.com22 Mar 2026

The Directorate of Revenue Intelligence (DRI) seized a large consignment of illegal walkie-talkies and second-hand hard drives at Nhava Sheva Port, leading to the arrest of two individuals.

Ahmedabad Airport Bust: Passengers Arrested with Rs 2 Crore of Hydroponic Weed

Ahmedabad Airport Bust: Passengers Arrested with Rs 2 Crore of Hydroponic Weed

Rediff.com3 Apr 2026

Two passengers were arrested at Ahmedabad airport for allegedly possessing hydroponic weed worth Rs 2 crore, after arriving from Bangkok. The drugs were discovered following a tip-off.

Rs 8.9 Crore Worth of Hydroponic Weed Seized at Hyderabad Airport

Rs 8.9 Crore Worth of Hydroponic Weed Seized at Hyderabad Airport

Rediff.com31 Mar 2026

Authorities seized 25.45 kg of hydroponic weed, valued at Rs 8.9 crore, from two passengers arriving at Hyderabad's international airport from Bangkok. The passengers were arrested under the NDPS Act.

EC deploys 432 counting observers across Bengal

EC deploys 432 counting observers across Bengal

Rediff.com3 May 2026

The Election Commission has deployed 432 counting observers across all 294 assembly constituencies in West Bengal to ensure transparent and smooth counting of votes. Several districts have been assigned additional observers in view of their sensitivity and electoral significance. Enforcement agencies have carried out extensive seizure drives during the election period to curb illegal inducements, with total seizures valued at approximately Rs 561 crore.

Paytm Turns Profitable, Focuses On AI Integration

Paytm Turns Profitable, Focuses On AI Integration

Rediff.com5 days ago

Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.

How AI Will Reshape The IT Services Industry, According To Coforge

How AI Will Reshape The IT Services Industry, According To Coforge

Rediff.com5 days ago

Coforge believes that the rapid adoption of AI is disrupting the traditional labour model but also creating new high-margin opportunities in the IT services industry.

Anthropic's Scores Big On India Revenue

Anthropic's Scores Big On India Revenue

Rediff.com19 Feb 2026

India is emerging as Claude.ai's second-largest user base, driven by strong adoption in coding, maths and enterprise AI tasks.

Mumbai Father-Son Duo Arrested in Walkie-Talkie, HDD Smuggling Case

Mumbai Father-Son Duo Arrested in Walkie-Talkie, HDD Smuggling Case

Rediff.com21 Mar 2026

The Directorate of Revenue Intelligence (DRI) seized a large consignment of prohibited walkie-talkies and second-hand hard disk drives (HDDs) at Nhava Sheva Port, leading to the arrest of a father-son duo involved in the illegal import.

How India Brought Back Dawood Aide Salim Dola

How India Brought Back Dawood Aide Salim Dola

Rediff.com28 Apr 2026

The Narcotics Control Bureau (NCB) has successfully secured the return of Mohammad Salim Dola, a known international drug trafficker and associate of Dawood Ibrahim, from Turkiye.

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Rediff.com4 days ago

IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.

Formula One embraces AI revolution as teams chase competitive edge

Formula One embraces AI revolution as teams chase competitive edge

Rediff.com4 days ago

Artificial Intelligence is rapidly transforming Formula One, with teams like Williams and Red Bull using AI for race strategy, data analysis and operations as tech partnerships and sponsorship revenues surge.

Bengaluru Drug Bust: DRI Seizes Rs 8.3 Crore Worth of Crystal Meth, Arrests Three

Bengaluru Drug Bust: DRI Seizes Rs 8.3 Crore Worth of Crystal Meth, Arrests Three

Rediff.com22 Mar 2026

The Directorate of Revenue Intelligence (DRI) has seized approximately 8.3 kilograms of crystal methamphetamine worth Rs 8.3 crore in Bengaluru and arrested three individuals involved in the drug trafficking network.

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Rediff.com7 days ago

Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.

Punjab Achieves Record Tax Enforcement, Recovering 1,137 Crore

Punjab Achieves Record Tax Enforcement, Recovering 1,137 Crore

Rediff.com6 Apr 2026

Punjab's Finance Minister announces record tax enforcement outcomes for the financial year 2025-26, driven by intelligence-led actions and robust revenue protection, including significant penalties imposed and recovered from fraudulent networks.

How India Can Lead In AI-Native Governance, According To ServiceNow

How India Can Lead In AI-Native Governance, According To ServiceNow

Rediff.com5 days ago

ServiceNow Vice Chairman Nick Tzitzon highlights India's potential to develop an AI-native government model, emphasising enhanced public services, data privacy, and economic growth.

Near-term growth, margin triggers missing in Wipro's Q4 results

Near-term growth, margin triggers missing in Wipro's Q4 results

Rediff.com26 Apr 2026

Wipro reported Q4FY26 IT services revenue of $2.6 billion, a modest 0.2 per cent Q-o-Q constant currency growth, with adjusted operating profit margin beating estimates at 17.2 per cent. The company announced a significant share buyback of ~15,000 crore, but faces near-term growth challenges, particularly in the BFSI segment, and has issued a soft Q1FY27 revenue guidance.

Mastermind Arrested In Interstate Robbery Gang Bust

Mastermind Arrested In Interstate Robbery Gang Bust

Rediff.com18 Apr 2026

Police in Haryana have arrested seven individuals, including the suspected mastermind, in connection with a robbery of gold and cash from a bullion trader's employees. The accused are part of an interstate gang involved in organised robberies across the NCR, Haryana, and Madhya Pradesh.

Weak FY27 guidance, AI fears weigh on Infosys

Weak FY27 guidance, AI fears weigh on Infosys

Rediff.com25 Apr 2026

Infosys shares experienced a significant drop, hitting a 52-week low, after the company announced its Q4FY26 results and provided a modest revenue growth guidance of 1.5-3.5 per cent in constant currency for FY27, falling below market expectations and raising concerns about AI-led deflation and margin pressures.

How Air India Is Using AI To Transform Operations

How Air India Is Using AI To Transform Operations

Rediff.com26 Apr 2026

Air India is significantly embracing artificial intelligence to enhance operational efficiency, improve customer services, increase revenues, and reduce costs as part of its ambitious transformation plan under the Tata Group.

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.

Matter Motor CEO on the Future of AI in Electric Vehicles

Matter Motor CEO on the Future of AI in Electric Vehicles

Rediff.com23 Mar 2026

Matter Motor's CEO discusses the increasing role of data and intelligent systems in the automotive industry, highlighting the shift towards software-defined mobility and AI-defined vehicles.

Biocon Succession Plan: Kiran Mazumdar-Shaw Names Claire Mazumdar as Future Leader

Biocon Succession Plan: Kiran Mazumdar-Shaw Names Claire Mazumdar as Future Leader

Rediff.com6 days ago

Kiran Mazumdar-Shaw names niece Claire Mazumdar as successor at Biocon. Explore the leadership transition, strategy, and future plans.

Govt Not Complacent, More Reforms In The Pipeline: Shaktikanta Das

Govt Not Complacent, More Reforms In The Pipeline: Shaktikanta Das

Rediff.com15 hours ago

'Policy consistency combined with timely and calibrated reforms are expected to ensure that India not only maintains macroeconomic stability, but also emerges as a globally competitive and inclusive economy.'

DRI Nagpur Nets Crores Worth of Ganja, Arrests Four in Drug Bust

DRI Nagpur Nets Crores Worth of Ganja, Arrests Four in Drug Bust

Rediff.com27 Feb 2026

The Directorate of Revenue Intelligence (DRI) in Nagpur seized over 1,250 kg of ganja worth Rs 6.25 crore in two operations, leading to the arrest of four individuals involved in interstate drug trafficking.

Japan's Onestruction, IISc Join Hands For Urban Data Exchange

Japan's Onestruction, IISc Join Hands For Urban Data Exchange

Rediff.com24 Apr 2026

Onestruction Inc and DataKaveri Systems have signed an MoU to establish a framework for strategic and technical collaboration in urban and built environment data exchange.

TCS slows its dividend tap to fuel AI run

TCS slows its dividend tap to fuel AI run

Rediff.com24 Apr 2026

Tata Consultancy Services' (TCS) annual dividend payout declined to a four-year low of approximately 39,820 crore in FY26, marking its steepest decline in a decade and potentially adversely affecting Tata Sons' finances, which heavily rely on TCS's dividend income.

HCLTech counts on M&As to add 1.5% to revenue

HCLTech counts on M&As to add 1.5% to revenue

Rediff.com14 Jan 2026

HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Rediff.com6 Apr 2026

Indian IT services companies are set to significantly increase their acquisition spending to $6.5-7 billion this year, up from $5 billion last year, as they seek to boost revenue and capabilities in areas like Cloud, data, enterprise platforms, and AI amidst a challenging economic environment.