News for 'Rs 11'

RBI Caps Fraud Compensation at Rs 25,000

RBI Caps Fraud Compensation at Rs 25,000

Rediff.com5 days ago

Customers must report the fraud both to their bank and to the National Cyber Crime Reporting Portal or Helpline 1930 within five calendar days of the occurrence of the fraudulent transaction.

Foxconn infuses Rs 351 crore into India arm

Foxconn infuses Rs 351 crore into India arm

Rediff.com3 days ago

Electronics manufacturing leader Foxconn has injected USD 37.2 million into its Indian subsidiary, Foxconn Hon Hai Technology India Mega Development Private Limited, increasing its stake to nearly 100 per cent. This investment reinforces Foxconn's commitment to iPhone manufacturing in India.

Adani Power to invest Rs 2 trn over 5 years

Adani Power to invest Rs 2 trn over 5 years

Rediff.com5 days ago

Adani Group Chairman Gautam Adani announced a capital expenditure programme of over 2 trillion for Adani Power, aiming for 45 gigawatts (Gw) capacity in five years, including a significant entry into nuclear power with a target of 10 Gw by 2035 through Adani Atomic Energy.

Mumbai to get new connector road worth Rs 1,722.40 crore

Mumbai to get new connector road worth Rs 1,722.40 crore

Rediff.com4 days ago

The Maharashtra cabinet's sub-committee on infrastructure has approved a Rs 1,722.40 crore project for a 3.55-km road connecting the Bandra Fort end of the Versova-Bandra Sea Link with the Savarkar Sea Bridge. This project, implemented by MSRDC, aims to significantly reduce travel time between Worli, Fort, and Versova, handling approximately 3,500 cars per hour. It also includes provisions for rehabilitation and environmental mitigation.

Cocktail 2 Eyes Rs 100 Crore Club; Main Vaapas Aaunga Surprises

Cocktail 2 Eyes Rs 100 Crore Club; Main Vaapas Aaunga Surprises

Rediff.com22 Jun 2026

Cocktail 2 has made a significant impact at the box office with a strong opening weekend, while Main Vaapas Aaunga has surprised many with its remarkable post-release resurgence.

Is Rs 1 Cr Enough For Retirement?

Is Rs 1 Cr Enough For Retirement?

Rediff.com15 Jun 2026

Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.

Assam Gets Rs 1,400 Crore Brahmaputra Bridge

Assam Gets Rs 1,400 Crore Brahmaputra Bridge

Rediff.com7 days ago

The new bridge will come up alongside the existing crossings at Saraighat, where two bridges currently connect the north and south banks of the Brahmaputra -- the iconic road-cum-rail Saraighat Bridge and a separate road bridge.

Delhi teen stabbed to death by juveniles over Rs 150 debt

Delhi teen stabbed to death by juveniles over Rs 150 debt

Rediff.com5 days ago

Three juveniles have been apprehended in Delhi's Tilak Nagar for allegedly stabbing a 19-year-old boy to death. The motive behind the fatal assault was a dispute over Rs 150 that the victim had borrowed and refused to return.

SETL Invests Rs 500 Crore In AI Datacenter Sector With GScale Energy Acquisition

SETL Invests Rs 500 Crore In AI Datacenter Sector With GScale Energy Acquisition

Rediff.com5 days ago

Hyderabad-based SETL, a precision engineering company, has acquired a 51% majority stake in GScale Energy Private Limited, an AI Datacenter Engineering infrastructure specialist. This strategic move involves an initial investment of Rs 190 crore, with a total commitment of Rs 500 crore, marking SETL's expansion into the rapidly growing AI Datacenter sector and leveraging its expertise from pharmaceutical and chemical industries.

Info Edge invests over Rs 1,000 crore in AI, deep-tech startups since 2020

Info Edge invests over Rs 1,000 crore in AI, deep-tech startups since 2020

Rediff.com7 days ago

Info Edge, the parent company of naukri.com, has invested over 1,000 crore in more than 50 artificial intelligence (AI) and deep-tech startups since 2020, demonstrating its commitment to fostering India's emerging technology ecosystem.

Rs 370 biryani remark row: NCW rejects comic Pranit More's apology

Rs 370 biryani remark row: NCW rejects comic Pranit More's apology

Rediff.com7 days ago

The National Commission for Women (NCW) rejected apologies from stand-up comedians Pranit More, Madhur Virli, and audience member Himanshu Jangra regarding alleged objectionable and misogynistic content against women. The commission emphasised that freedom of speech does not justify normalising the violation of women's bodily autonomy or trivialising heinous crimes. The controversy stemmed from a viral video where Jangra's 'Rs 370 biryani' remark, implying expected intimacy for a date, drew widespread backlash.

OMCs incur Rs 22,000 cr LPG underrecoveries amid West Asia crisis

OMCs incur Rs 22,000 cr LPG underrecoveries amid West Asia crisis

Rediff.com20 Jun 2026

Indian oil-marketing companies (OMCs) have incurred LPG underrecoveries of approximately Rs 22,000 crore between March and May 2026, as domestic cooking gas prices failed to keep pace with surging international rates exacerbated by the West Asia crisis, according to a Crisil report.

NSE's Rs 30,000 Crore IPO Poised To Be India's Largest Public Issue

NSE's Rs 30,000 Crore IPO Poised To Be India's Largest Public Issue

Rediff.com17 Jun 2026

The National Stock Exchange (NSE) is set to launch India's largest initial public offering (IPO), estimated at Rs 30,000 crore. This mega public issue will surpass previous records held by Hyundai Motor India and Life Insurance Corporation of India (LIC), marking a significant event in the Indian stock market. The move comes as India's primary market shows signs of recovery after a period of slowdown.

Gujarat Police Uncovers Rs 310 Crore Cyber Fraud Racket

Gujarat Police Uncovers Rs 310 Crore Cyber Fraud Racket

Rediff.com14 Jun 2026

Gujarat's Gir Somnath police have busted a massive cyber fraud racket involving over Rs 310 crore in suspicious transactions through mule bank accounts, arresting five individuals. This operation, part of the state-wide "Operation Mule Hunt 2.0," is considered the district's largest cybercrime case to date, aiming to recover victims' money and curb illegal account rentals.

India Secures Rs 6 Crore Grant To Host Asian Fencing Championships

India Secures Rs 6 Crore Grant To Host Asian Fencing Championships

Rediff.com18 Jun 2026

India is set to host the 26th Asian Fencing Championships, which will also serve as a qualifier for the Asian Games. The Sports Ministry has sanctioned Rs 6 crore for the event, taking place at the Bharat Mandapam complex, featuring over 400 athletes from 30+ countries.

How A Labourer Facilitated A Rs 5 Lakh Online Investment Fraud

How A Labourer Facilitated A Rs 5 Lakh Online Investment Fraud

Rediff.com14 Jun 2026

A 52-year-old labourer, Santosh Kumar Gupta, has been arrested in New Delhi for allegedly facilitating an online investment fraud by lending his bank account to route Rs 5 lakh of defrauded money. He is suspected of acting as an India-based facilitator for an international cyber fraud network.

Direct Tax Collection Jumps 15% to Rs 5.21 Trillion in First 2.5 Months of FY27

Direct Tax Collection Jumps 15% to Rs 5.21 Trillion in First 2.5 Months of FY27

Rediff.com19 Jun 2026

India's net direct tax collection has seen a robust 15 per cent increase, reaching approximately 5.21 trillion in the first two and a half months of FY27, as on June 17, driven by strong growth in both corporate and non-corporate tax segments.

CJP's Dipke demands Rs 1cr for paper leak-linked suicides

CJP's Dipke demands Rs 1cr for paper leak-linked suicides

Rediff.com19 Jun 2026

The Cockroach Janta Party (CJP) founder Abhijeet Dipke has appealed to Prime Minister Narendra Modi to provide Rs 1 crore compensation to families of students who allegedly died by suicide amid examination controversies, while also demanding the sacking of Union Education Minister Dharmendra Pradhan.

Thane Police Arrest Nigerian With Rs 78 Lakh Cocaine

Thane Police Arrest Nigerian With Rs 78 Lakh Cocaine

Rediff.com11 Jun 2026

Police in Thane, Maharashtra, have arrested a Nigerian national, Enugu, for possessing 261.5 grams of cocaine worth Rs 78.45 lakh. The arrest was made in Mira Road East, and investigations are ongoing to dismantle the supply network.

Raut says rebels fighting over Union ministry, claims 'Rs 25 crore settlement'

Raut says rebels fighting over Union ministry, claims 'Rs 25 crore settlement'

Rediff.com19 Jun 2026

Shiv Sena-UBT leader Sanjay Raut has made explosive claims of a Rs 25 crore deal for dissident MPs who miss out on Union ministerial berths, highlighting growing rifts within Maharashtra's political landscape. Six Sena-UBT MPs are expected to join the Eknath Shinde-led Shiv Sena, with Aaditya Thackeray calling them 'shameless, ungrateful and corrupt'.

Is A Woman's Consent Only Worth Rs 370?

Is A Woman's Consent Only Worth Rs 370?

Rediff.com12 Jun 2026

I have spent the last couple of days trying to understand what exactly is making me so angry about the viral controversy surrounding comedian Pranit More's crowd-work show. At first, I thought it was because of the audience member whose story has now sparked outrage across social media. Then I thought it was because of the comedian's response.

Kunal Shah steps down as CRED CEO to lead WhatsApp; Meta invests Rs 8,550 crore in fintech platform

Kunal Shah steps down as CRED CEO to lead WhatsApp; Meta invests Rs 8,550 crore in fintech platform

Rediff.com7 days ago

Fintech platform CRED announced a significant funding round of Rs 8,550 crore led by Meta, coinciding with founder Kunal Shah's departure as CEO to take on the global leadership role for WhatsApp.

Digital Commerce: Why Indians Lose Rs 28,000 Crore

Digital Commerce: Why Indians Lose Rs 28,000 Crore

Rediff.com10 Jun 2026

Dark patterns are no longer just a consumer protection concern, but a broader macroeconomic challenge affecting the long-term sustainability of India's digital commerce ecosystem.

India's fertiliser subsidy bill set to double to Rs 3.4 trillion in FY27

India's fertiliser subsidy bill set to double to Rs 3.4 trillion in FY27

Rediff.com17 Jun 2026

India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.

Chhattisgarh Police Seizes Rs 10 Crore Ganja, Arrests Inter-State Kingpin

Chhattisgarh Police Seizes Rs 10 Crore Ganja, Arrests Inter-State Kingpin

Rediff.com12 Jun 2026

Chhattisgarh police have seized nearly 2,000 kg of ganja worth Rs 10 crore and arrested two individuals, including an alleged kingpin of an inter-state drug trafficking syndicate. The consignment was intercepted in Balrampur district while being transported from Odisha to Uttar Pradesh. The alleged mastermind was also involved in a previous large-scale drug seizure.

Chhattisgarh Police Seizes Rs 10 Crore Ganja, Arrests Inter-State Kingpin

Chhattisgarh Police Seizes Rs 10 Crore Ganja, Arrests Inter-State Kingpin

Rediff.com12 Jun 2026

Chhattisgarh police have seized nearly 2,000 kg of ganja worth Rs 10 crore and arrested two individuals, including an alleged kingpin of an inter-state drug trafficking syndicate. The consignment was intercepted in Balrampur district while being transported from Odisha to Uttar Pradesh. The alleged mastermind was also involved in a previous large-scale drug seizure.

Ex-PM IK Gujral's son Naresh duped of Rs 7.8 cr in cyber scam

Ex-PM IK Gujral's son Naresh duped of Rs 7.8 cr in cyber scam

Rediff.com18 Jun 2026

Former Rajya Sabha MP Naresh Gujral was allegedly duped of Rs 7.8 crore after cyber fraudsters impersonated him on a messaging app and tricked his company's chief financial officer into transferring funds to multiple bank accounts, the police said on Thursday.

Ram Temple donation row: Rs 79.85L recovered; 8 accused in police custody

Ram Temple donation row: Rs 79.85L recovered; 8 accused in police custody

Rediff.com3 days ago

Eight individuals arrested in connection with the alleged embezzlement of donations at the Ram temple in Ayodhya have been remanded in police custody until June 29. Investigators have recovered Rs 79.85 lakh and invoked charges under criminal breach of trust and the Prevention of Corruption Act, as several accused were bank employees involved in counting cash donations.

Get A Rs 20K Scholarship To Learn In-Demand Skills

Get A Rs 20K Scholarship To Learn In-Demand Skills

Rediff.com17 Jun 2026

The Eastman Powerup Eduskill Scholarship Programme 2026-27 provides financial aid linked to the completion of industry-relevant skill development certifications.

FPIs Withdraw Rs 62,800 Crore from Indian Equities in First Fortnight of June

FPIs Withdraw Rs 62,800 Crore from Indian Equities in First Fortnight of June

Rediff.com14 Jun 2026

Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.

How Khunti Police Seized Rs 12 Lakh Opium

How Khunti Police Seized Rs 12 Lakh Opium

Rediff.com8 Jun 2026

Police in Jharkhand's Khunti district arrested four individuals and seized 2.328 kg of opium valued at Rs 12 lakh. The arrests followed a tip-off about an opium dealing operation in Tamab village, involving both cultivators and buyers from West Singhbhum district.

ATS Nabs Ivory Coast National With Rs 1.39 Crore Cocaine

ATS Nabs Ivory Coast National With Rs 1.39 Crore Cocaine

Rediff.com13 Jun 2026

An Ivory Coast national has been arrested in Palghar, Maharashtra, by the Anti-Terrorist Cell for possessing 278 grams of cocaine worth Rs 1.39 crore. The accused, N' Guessan Marc Koffi, was apprehended following a raid based on specific intelligence, and police are investigating his potential links to a larger drug trafficking network.

ED grills Pinarayi Vijayan's daughter Veena T in Rs 2.78-crore CMRL probe

ED grills Pinarayi Vijayan's daughter Veena T in Rs 2.78-crore CMRL probe

Rediff.com17 Jun 2026

Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, appeared before the Enforcement Directorate in Kochi for questioning regarding a money laundering case involving her defunct IT firm, Exalogic Solutions Private Ltd, and mining company CMRL. The probe focuses on alleged payments made without services and loans extended despite repayment failures, leading to accusations of generating "proceeds of crime."

Mumbai Police Nab Nigerian National With Cocaine Worth Rs 2 Crore

Mumbai Police Nab Nigerian National With Cocaine Worth Rs 2 Crore

Rediff.com13 Jun 2026

A 46-year-old Nigerian national, Eze Samuel Nweze, has been arrested in Mumbai by the Anti-Narcotics Cell with 203 grams of cocaine valued at Rs 2.03 crore. Nweze, who was reportedly living illegally in Nalasopara without a valid visa, was apprehended in Worli after attempting to flee and confessed to supplying drugs.

Rs 370 biryani row: Comedian Pranit More says he 'deserves' hate

Rs 370 biryani row: Comedian Pranit More says he 'deserves' hate

Rediff.com13 Jun 2026

Stand-up comedian Pranit More has issued a second apology for his "lapse in judgment" regarding a controversial "Rs 370 biryani" remark made by a participant during his show, which allegedly glorified non-consensual conduct. More is facing a police case and expressed regret for giving a platform to the derogatory comments. The controversy also involves another participant, Sejal Pawar, for separate objectionable remarks.

How Delhi Police Uncovered A Rs 5.5 Lakh Job Scam

How Delhi Police Uncovered A Rs 5.5 Lakh Job Scam

Rediff.com12 Jun 2026

Delhi Police's Economic Offences Wing has arrested Manish Kumar for allegedly defrauding over 20 unemployed youths of Rs 5.5 lakh by falsely promising contractual jobs at GTB Hospital. Kumar, a B.Sc in nursing, used his alleged connections to gain trust before collecting security deposits, then disappeared when jobs didn't materialise.

Delhi Hotel Receptionist Held For Stealing Guest's Phone, Rs 1.1 Lakh Fraud

Delhi Hotel Receptionist Held For Stealing Guest's Phone, Rs 1.1 Lakh Fraud

Rediff.com12 Jun 2026

A 20-year-old hotel receptionist in Delhi has been arrested for allegedly stealing a guest's mobile phone and fraudulently transferring Rs 1.10 lakh from his bank account using IMPS transactions. Police have recovered the stolen phone and frozen a significant portion of the stolen amount.

CBI Uncovers Rs 657 Crore Fraud In Haryana And Chandigarh Government Funds

CBI Uncovers Rs 657 Crore Fraud In Haryana And Chandigarh Government Funds

Rediff.com12 Jun 2026

The CBI has filed two chargesheets in connection with the siphoning of Rs 657 crore from Haryana government and Chandigarh Smart City Limited funds held at IDFC First Bank. The fraud involved fictitious transactions, shell entities, and alleged gold purchases and real estate investments, with IDFC First Bank having already reimbursed the Haryana government.

Court Orders Case Against 69 Indian Bank Staff In Rs 5 Crore Embezzlement

Court Orders Case Against 69 Indian Bank Staff In Rs 5 Crore Embezzlement

Rediff.com13 Jun 2026

Police in Gonda, Uttar Pradesh, have registered a case against 69 former and serving officers and employees of an Indian Bank branch for allegedly embezzling nearly Rs 5 crore from a union account. The case was filed following a court order after the accused failed to return the embezzled funds despite an earlier undertaking.

Lokayukta Raids Unearth Rs 9.5 Crore Assets From Indore Officer

Lokayukta Raids Unearth Rs 9.5 Crore Assets From Indore Officer

Rediff.com10 Jun 2026

Lokayukta police in Indore raided the premises of Women and Child Development Department Joint Director Laxminarayan Kandwal, uncovering assets worth approximately Rs 9.5 crore, nearly four times his total salary over 30 years of service. The raids followed a complaint of disproportionate assets, leading to a case registered under the Prevention of Corruption Act.