News for 'Rs'

How Gurugram Police Uncovered A SIM Card Cyber Fraud Network

How Gurugram Police Uncovered A SIM Card Cyber Fraud Network

Rediff.com5 days ago

Gurugram police have arrested two individuals, Nirmal Kumar and Gopi Kumar Yadav, for their involvement in a cyber-fraud scheme. The gang allegedly duped people by sending fake HCG bill messages and using malicious APK files to steal Rs 1,64,900 from a complainant's bank account. The arrested associates were responsible for fraudulently obtaining and supplying SIM cards used in the crime.

LTTS Reports Robust Q2 FY27 Earnings Driven By One-Time Gain

LTTS Reports Robust Q2 FY27 Earnings Driven By One-Time Gain

Rediff.com6 days ago

L&T Technology Services (LTTS) reported a 66.78 per cent increase in consolidated net profit to Rs 548.2 crore for the July-September quarter of FY27, largely due to a one-time gain from the sale of its Smart World and Communication business. Revenue also grew by 12.1 per cent to Rs 3,040.4 crore. The company secured over USD 200 million in large deal wins, with a significant portion in AI-related projects, and launched an Engineering Intelligence Lab in partnership with NVIDIA.

LTTS Reports Robust Q2 FY27 Earnings Driven By One-Time Gain

LTTS Reports Robust Q2 FY27 Earnings Driven By One-Time Gain

Rediff.com6 days ago

L&T Technology Services (LTTS) reported a 66.78 per cent increase in consolidated net profit to Rs 548.2 crore for the July-September quarter of FY27, largely due to a one-time gain from the sale of its Smart World and Communication business. Revenue also grew by 12.1 per cent to Rs 3,040.4 crore. The company secured over USD 200 million in large deal wins, with a significant portion in AI-related projects, and launched an Engineering Intelligence Lab in partnership with NVIDIA.

Multi-State Drug Racket: Telangana Precursor Unit Dismantled

Multi-State Drug Racket: Telangana Precursor Unit Dismantled

Rediff.com2 days ago

Mira Bhayandar-Vasai Virar Police have busted an illegal chemical manufacturing facility in Telangana that supplied precursor materials for Mephedrone, leading to the arrest of the manufacturer. This operation is part of a larger multi-state investigation that has already uncovered two MD manufacturing labs in Gujarat and Uttar Pradesh and resulted in 25 arrests.

Rs 3,000 cr drugs seized from Iranian boat near Lakshdweep; 5 Pakistanis held

Rs 3,000 cr drugs seized from Iranian boat near Lakshdweep; 5 Pakistanis held

Rediff.com30 Sep 2026

The Indian Coast Guard, in a joint operation with the Gujarat ATS, seized 526 kilograms of methamphetamine and heroin valued at over Rs 3,000 crore from an Iranian boat in the Arabian Sea near Lakshadweep. Five Pakistani nationals operating the vessel were detained, and preliminary investigations reveal a transnational smuggling network aiming to deliver the consignment to Tamil Nadu and Punjab.

Stock Markets Today: Sensex, Nifty open higher as IT stocks rally

Stock Markets Today: Sensex, Nifty open higher as IT stocks rally

Rediff.com3 days ago

Indian equity benchmarks, the Sensex and Nifty, opened higher on Friday, driven by a strong rally in IT stocks, despite a significant overnight decline in US technology shares and broader Asian markets. Experts anticipate further market support from falling US bond yields, a strengthening rupee, and a substantial liquidity inflow following the Jio Platforms IPO allotment. Track

Mother, Daughter Die In Hubballi After Alleged Poisoning Over Loan Pressure

Mother, Daughter Die In Hubballi After Alleged Poisoning Over Loan Pressure

Rediff.com1 days ago

A woman and her elder daughter died in Hubballi, Karnataka, on Saturday after the mother allegedly administered poison to her three children and consumed it herself, reportedly due to immense pressure from lenders over loan repayment. Two other daughters are receiving treatment.

'Abominable practice': HC orders SBI to refund widow's Rs 19.90 lakh FD

'Abominable practice': HC orders SBI to refund widow's Rs 19.90 lakh FD

Rediff.com18 Sep 2026

The Allahabad High Court has ordered the State Bank of India (SBI) to refund Rs 19.90 lakh debited from a widow's fixed deposit to recover her deceased husband's personal loan. The court deemed the bank's action an "abominable" breach of banking practice and also directed SBI to pay Rs 1 lakh in compensation to the woman.

Srinidhi Shetty's One True Love Is...

Srinidhi Shetty's One True Love Is...

Rediff.com5 days ago

Srinidhi Shetty has steadily carved out a place for herself in Indian cinema, earning recognition for her performances and screen presence, particularly as Reena in the KGF franchise.

ICICI Bank reports 22% surge in Q2 net profit, driven by strong loan book expansion

ICICI Bank reports 22% surge in Q2 net profit, driven by strong loan book expansion

Rediff.com17 Oct 2026

ICICI Bank announced a significant 22.28 per cent increase in its consolidated net profit, reaching Rs 16,333.18 crore for the September quarter, primarily fuelled by a 30 per cent jump in its loan portfolio.

Tamil Nadu CM Rewards Asian Para Games Bronze Winners

Tamil Nadu CM Rewards Asian Para Games Bronze Winners

Rediff.com5 days ago

Tamil Nadu Chief Minister C Joseph Vijay announced a cash incentive of Rs 30 lakh each for Jehan Dorab Madan and Baby Sahana Ravi, who won bronze medals in table tennis at the Asian Para Games in Aichi-Nagoya, Japan. The Chief Minister lauded their achievements, highlighting their role as an inspiration for young para-athletes.

NGOs down by half in last 10 years; contribution rises to Rs 22,974 cr

NGOs down by half in last 10 years; contribution rises to Rs 22,974 cr

Rediff.com19 Sep 2026

The Ministry of Home Affairs informed a Joint Committee of Parliament that the number of active NGOs registered under the Foreign Contribution (Regulation) Act has halved over the last decade, even as foreign funds received by them have significantly increased. Christian associations received the largest share of these funds in 2024-25. The report comes amidst discussions on a contentious FCRA amendment bill aimed at tighter government oversight.

Kollam Medical Store Fire: Police Suspect Insurance Fraud

Kollam Medical Store Fire: Police Suspect Insurance Fraud

Rediff.com3 days ago

Police in Kollam are investigating a suspected insurance fraud in connection with a medical store fire that occurred in August. An employee has been arrested, and the owner is also under scrutiny after investigations revealed the fire was allegedly set deliberately to claim Rs 77 lakh in losses.

Stock Markets Today: Sensex, Nifty Down as Power, Metal Drag

Stock Markets Today: Sensex, Nifty Down as Power, Metal Drag

Rediff.com4 days ago

Indian equity benchmarks Sensex and Nifty experienced a decline in early trade, primarily due to a sell-off in power and metal stocks, mirroring a broader downturn across Asian markets. Elevated crude oil prices and firm US bond yields further dampened investor sentiment, while an expert warned of an impending correction in overvalued mid and small-cap segments. Track Sensex, Nifty on October 22.

Hyderabad Police Officials Arrested For Allegedly Accepting Rs 5 Lakh Bribe

Hyderabad Police Officials Arrested For Allegedly Accepting Rs 5 Lakh Bribe

Rediff.com17 Sep 2026

Two police officials in Hyderabad, an Inspector and a Sub-Inspector, were arrested by the Anti-Corruption Bureau (ACB) for allegedly accepting a Rs five lakh bribe. The bribe was reportedly taken to grant station bail and prevent harassment in an existing case.

Jio Platforms IPO, Q2 Earnings, Crude Oil to Dictate Market Mood

Jio Platforms IPO, Q2 Earnings, Crude Oil to Dictate Market Mood

Rediff.com7 days ago

Investors are set to monitor quarterly earnings, crude oil prices, the Jio Platforms initial public offering, and foreign investor activity in the upcoming holiday-shortened week, according to market analysts.

How Rajkot Police Uncovered A Network Of Fake Doctors

How Rajkot Police Uncovered A Network Of Fake Doctors

Rediff.com1 days ago

Rajkot police have arrested 17 individuals operating as doctors without valid medical degrees in rural and industrial areas. The arrests were made during a special drive, with police seizing medicines and equipment, and vowing to continue the crackdown.

Karnataka drought list to cross 200 taluks; losses touch Rs 18,000 cr

Karnataka drought list to cross 200 taluks; losses touch Rs 18,000 cr

Rediff.com20 Sep 2026

Karnataka's Deputy Chief Minister G Parameshwara announced that over 200 taluks are likely to be declared drought-affected after phased assessments. The state has convened a special legislative session to discuss the crisis, farmer assistance, and seek significant financial relief and loan waivers from the Union government, while also alleging a "step-motherly attitude" from the Centre regarding fund releases.

Akash Ambani seeks to recreate Dhirubhai's legacy with India's biggest IPO as Jio goes public

Akash Ambani seeks to recreate Dhirubhai's legacy with India's biggest IPO as Jio goes public

Rediff.com5 days ago

Akash Ambani is leading Jio Platforms' initial public offering (IPO), set to be India's largest, with a strategy that includes appealing to regional investors and drawing parallels to his grandfather Dhirubhai Ambani's historic public listing of Reliance Industries.

Direct Tax Collection Jumps 13% to Rs 12.12 Lakh Crore on Strong Advance Tax

Direct Tax Collection Jumps 13% to Rs 12.12 Lakh Crore on Strong Advance Tax

Rediff.com18 Sep 2026

India's net direct tax collection has surged by 13 per cent to over Rs 12.12 lakh crore by September 17 in the current fiscal year, driven by a significant increase in advance tax payments from corporates, according to CBDT data.

EPFO wage ceiling hiked to Rs 25,000, to benefit 51 lakh workers

EPFO wage ceiling hiked to Rs 25,000, to benefit 51 lakh workers

Rediff.com16 Sep 2026

The Union Cabinet has approved a significant increase in the mandatory EPFO wage ceiling from Rs 15,000 to Rs 25,000 per month, a move expected to bring over 51 lakh additional employees under mandatory social security coverage.

Kerala Man Arrested By Delhi Police In Cyber Fraud Case

Kerala Man Arrested By Delhi Police In Cyber Fraud Case

Rediff.com17 Oct 2026

Delhi Police have arrested a 43-year-old man from Kerala in connection with a cyber fraud case involving unauthorised transactions totalling Rs 1.96 lakh from a woman's bank account. The accused, Raju, was identified through bank records and the National Cyber Crime Reporting Portal, and his account was linked to multiple cybercrime complaints.

Rs 1 Trillion Club Swells

Rs 1 Trillion Club Swells

Rediff.com2 Sep 2026

Newly listed companies Vedanta Aluminium Metal, SBI Funds Management and Manipal Health Enterprises have entered the Rs 1 trillion mcap list since March 2026.

Government Firm On UPI MDR Charges Above Rs 2,000

Government Firm On UPI MDR Charges Above Rs 2,000

Rediff.com16 Sep 2026

The Indian government has confirmed there will be no rollback of the 0.4 per cent Merchant Discount Rate (MDR) charges on Unified Payments Interface (UPI) transactions exceeding Rs 2,000, effective from October 15. Despite opposition, officials state the decision aims to make the UPI ecosystem self-sustainable and secure, with charges applying only to merchant payments, not person-to-person transactions.

Major Asset Freeze In Nurpur Drug Trafficking Case

Major Asset Freeze In Nurpur Drug Trafficking Case

Rediff.com17 Oct 2026

Nurpur police froze assets worth Rs 74.12 lakh belonging to Ramesh Kumar, an accused in an NDPS Act case. The frozen assets include a building and a tractor, acquired through alleged illicit drug trade, as part of a broader campaign against drug trafficking in the state.

Bengaluru Police Arrest Six For Spa Extortion, Impersonation

Bengaluru Police Arrest Six For Spa Extortion, Impersonation

Rediff.com17 Oct 2026

Bengaluru police arrested six individuals, including four women, for allegedly extorting Rs 1 lakh from a spa owner. The accused posed as members of an organisation and media representatives, threatening to publicise alleged illegal activities before assaulting staff and demanding money.

Key Arrests In Lucknow Cafe Owner Shiva Sharma Death Case

Key Arrests In Lucknow Cafe Owner Shiva Sharma Death Case

Rediff.com5 days ago

Model Shraddha Dubey, her driver Danish, and sister Rashmi Dubey have been arrested in Nagpur in connection with the death of Lucknow cafe owner Shiva Sharma. Sharma's family alleges he was assaulted and tortured before his death, leading to a murder investigation. Dubey denies involvement, claiming Sharma jumped due to debt.

Major Drug Bust In West Delhi: 19 Arrested, Rs 5 Crore Narcotics Seized

Major Drug Bust In West Delhi: 19 Arrested, Rs 5 Crore Narcotics Seized

Rediff.com21 Sep 2026

Delhi Police conducted a 96-hour special operation in west Delhi, arresting 19 individuals, including six foreign nationals, and recovering narcotics valued at approximately Rs 5 crore. The operation targeted organised drug supply chains, leading to 17 cases registered under the NDPS Act and the seizure of various illicit substances.

Why RBI Backs UPI MDR For Transactions Over Rs 2,000

Why RBI Backs UPI MDR For Transactions Over Rs 2,000

Rediff.com15 Sep 2026

The Reserve Bank of India (RBI) has endorsed the introduction of a Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective October 15. This move, which levies a 0.4 per cent fee on merchant payments above the threshold, aims to bolster the long-term sustainability and growth of India's digital payments ecosystem. The RBI clarified that person-to-person (P2P) transactions and small person-to-merchant (P2M) payments below Rs 2,000 will remain free for users, ensuring no direct charge on customers.

Jio Platforms to Reliance Power: A look at India's 10 biggest IPOs

Jio Platforms to Reliance Power: A look at India's 10 biggest IPOs

Rediff.com15 Oct 2026

Jio Platforms Ltd, the digital and telecom arm of Reliance Industries, is poised to launch India's largest-ever initial public offering (IPO) at Rs 30,213 crore, surpassing Hyundai Motor India's Rs 27,870-crore offering.

How DRI Uncovered A Major Meth Smuggling Operation

How DRI Uncovered A Major Meth Smuggling Operation

Rediff.com7 days ago

The Directorate of Revenue Intelligence (DRI) has made a significant seizure of 137 kg of crystal methamphetamine, valued at over Rs 100 crore, from a coastal village in Nagapattinam district, Tamil Nadu. This operation, conducted during October 16-17, targeted a drug-trafficking network attempting to smuggle the banned synthetic drug to Sri Lanka via mid-sea transfer. Four individuals have been arrested, and cash and vehicles linked to the operation were also seized.

ED Nabs Sixth Suspect In Massive Digital Arrest Scam

ED Nabs Sixth Suspect In Massive Digital Arrest Scam

Rediff.com17 Oct 2026

The Enforcement Directorate has made its sixth arrest, Mukesh Kumar Pukhraj Jain, in a pan-India cyber fraud and digital arrest case involving transactions worth Rs 30,000 crore. Jain is accused of acting as an RTGS agent for the criminal network. The probe, initiated by a Goa Police FIR, uncovered a vast money laundering operation across 20 states, with funds converted into foreign currency and linked to numerous shell companies.

'Salman Khan Is The Main Target, Not Tiger'

'Salman Khan Is The Main Target, Not Tiger'

Rediff.com6 days ago

'This incident will send a wave of fear through the entire Bollywood community.'

Dead letter box used to pass on weapons for Tiger Shroff attack

Dead letter box used to pass on weapons for Tiger Shroff attack

Rediff.com5 days ago

Investigators probing the firing incident involving actor Tiger Shroff's car have uncovered details of an alleged weapons supply network, including the use of a 'dead letter box' system in Amritsar to collect firearms. Two accused, Kunal and Sumit, allegedly collected the weapons, with Anil Pandit orchestrating the operation and paying individuals, including two women, to transport them to Mumbai.

Neha Bora refuses to sign 'peace bond' despite HC order

Neha Bora refuses to sign 'peace bond' despite HC order

Rediff.com1 days ago

AISA president Neha Bora appeared before a special executive magistrate after the Delhi High Court dismissed her challenge to a police notice requiring a Rs 10,000 "peace bond." Bora refuses to sign the bond, alleging it's used to curb democratic dissent, while the court has directed authorities to provide her with all material supporting the allegations by October 29.

Govt hikes windfall tax on petrol, cuts levy on diesel exports

Govt hikes windfall tax on petrol, cuts levy on diesel exports

Rediff.com16 Oct 2026

The Indian government has revised its windfall tax on fuel exports, increasing the levy on petrol exports to Rs 2.5 per litre while cutting the duty on diesel exports to Rs 8.5 per litre, effective October 16.

NITI Aayog pushes for empowered city governments, elected mayors to tackle urbanisation challenges

NITI Aayog pushes for empowered city governments, elected mayors to tackle urbanisation challenges

Rediff.com3 hours ago

NITI Aayog has called for a fundamental overhaul of urban governance in India, advocating for empowered city governments, directly elected mayors with five-year terms, and greater financial autonomy for urban local bodies to manage the country's rapidly growing urban population.

Kaushambi Court Delivers Justice In 2009 Dalit Woman Murder Case

Kaushambi Court Delivers Justice In 2009 Dalit Woman Murder Case

Rediff.com4 days ago

A court in Kaushambi has sentenced four men to life imprisonment and imposed a fine of Rs 1.31 lakh each for the 2009 kidnapping and murder of a Dalit woman. The verdict was delivered after examining evidence and witness statements in a case registered under various IPC sections and the SC/ST Act.

Hrithik's Mum Buys Flats For Rs 67.30 Cr

Hrithik's Mum Buys Flats For Rs 67.30 Cr

Rediff.com9 Sep 2026

Pinky Roshan has acquired adjoining apartments for a staggering Rs 67.30 crore.

Mumbai CA lost Rs 16 crore over 9 years: This is how

Mumbai CA lost Rs 16 crore over 9 years: This is how

Rediff.com18 Sep 2026

A Mumbai chartered accountant, Herat Salot, was allegedly defrauded of Rs 16.29 crore over nine years by an organised syndicate. The elaborate scam involved a fake US pilot training programme, fabricated FBI arrests, and other deceptive ploys. Three individuals have been arrested, while 22 others remain at large.