News for 'State for Business'

Paytm Turns Profitable, Focuses On AI Integration

Paytm Turns Profitable, Focuses On AI Integration

Rediff.com7 May 2026

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.

IDFC First Bank Simplifies Customs Duty Payments Digitally

IDFC First Bank Simplifies Customs Duty Payments Digitally

Rediff.com18 Apr 2026

IDFC First Bank has integrated with ICEGATE 2.0 to enable digital payment of customs duty, central excise, and service tax for its customers.

TARA: India's New Precision Strike Weapon

TARA: India's New Precision Strike Weapon

Rediff.com9 May 2026

TARA is India's first indigenous modular glide weapon, capable of transforming conventional unguided warheads into long-range precision-guided weapons.

Nashik Court Extends Custody Of TCS Employees In Conversion Case

Nashik Court Extends Custody Of TCS Employees In Conversion Case

Rediff.com29 Apr 2026

A court in Nashik has extended the police custody of four TCS employees until May 2 in connection with the alleged religious conversion of a male colleague. The accused are also facing accusations of sexual harassment from female colleagues.

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.

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.

Marathi now must for Maha auto, taxi drivers; special drive from May 1

Marathi now must for Maha auto, taxi drivers; special drive from May 1

Rediff.com28 Apr 2026

Maharashtra minister Pratap Sarnaik announced a special verification drive from May 1 to August 15 to enforce the decision making Marathi mandatory for auto-rickshaw and taxi drivers in the state, during which no punitive action will be taken.

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

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

Rediff.com7 May 2026

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.

GST Fraud: Mastermind Arrested In Rs 410 Crore ITC Scam

GST Fraud: Mastermind Arrested In Rs 410 Crore ITC Scam

Rediff.com22 Apr 2026

The Commercial Taxes Department has arrested Mohammed Tauqeer for his involvement in generating and routing fraudulent ITC across multiple states, unearthing a GST fraud worth Rs 410 crore.

Winning Bengal Was The Hard Part For The BJP... Governing It May Prove Even Harder

Winning Bengal Was The Hard Part For The BJP... Governing It May Prove Even Harder

Rediff.com5 May 2026

A BJP government in Bengal inherits more problems than it might care to admit at its moment of triumph, points out Ramesh Menon

Punjab Minister Arora In ED Custody Over Money Laundering Allegations

Punjab Minister Arora In ED Custody Over Money Laundering Allegations

Rediff.com10 May 2026

A special PMLA court in Gurugram has remanded Punjab Industries Minister Sanjeev Arora in Enforcement Directorate's custody for a week in an alleged Rs 100-crore GST fraud-linked money laundering case.

Lukkhe Review: Familiar Drugs And Deceit Tale

Lukkhe Review: Familiar Drugs And Deceit Tale

Rediff.com8 May 2026

Lukkhe plunges into Chandigarh's dark underbelly, exploring a drug epidemic, political corruption, and a burgeoning rap scene, though its narrative often feels like a familiar crime drama, notes Deepa Gahlot.

ED raids AAP MP who replaced Raghav Chadha as deputy leader in RS

ED raids AAP MP who replaced Raghav Chadha as deputy leader in RS

Rediff.com15 Apr 2026

The Enforcement Directorate (ED) has initiated raids on business entities linked to Aam Aadmi Party (AAP) Rajya Sabha MP Ashok Mittal in Punjab and Haryana, as part of a Foreign Exchange Management Act (FEMA) investigation into alleged financial irregularities.

Ex-Employees Accused Of Fraud In Government Tenders

Ex-Employees Accused Of Fraud In Government Tenders

Rediff.com1 May 2026

Two former employees of a Delhi-based pharmaceutical firm have been booked for allegedly cheating, forging documents and impersonating to secure government tenders, including supplies to Army hospitals.

Gulf War Crisis: Why India Will Take A Huge Hit

Gulf War Crisis: Why India Will Take A Huge Hit

Rediff.com11 May 2026

This is the time for India to plan forward fully, with the goal of Atmanirbharata, and energy security. The Persian Gulf is no longer a reliable source, points out Rajeev Srinivasan.

ED Cracks Down On Liquor Smuggling Racket In Arunachal Pradesh

ED Cracks Down On Liquor Smuggling Racket In Arunachal Pradesh

Rediff.com27 Apr 2026

The Enforcement Directorate conducted raids across Arunachal Pradesh, uncovering a large-scale interstate liquor smuggling and money laundering network.

Indian National Among Those Arrested In Sri Lanka For Visa Overstay

Indian National Among Those Arrested In Sri Lanka For Visa Overstay

Rediff.com22 Apr 2026

An Indian national is among 50 people arrested in Sri Lanka for overstaying their visas. The arrests were made in Negombo city, a tourist destination near Colombo. The arrested individuals, including 47 Chinese and two Malaysians, entered Sri Lanka on business visas but remained illegally after their visas expired.

Great Mothers Who Shaped Famous Indians

Great Mothers Who Shaped Famous Indians

Rediff.com10 May 2026

Who were the mothers who shaped Mahatma Gandhi, Sachin Tendulkar, Narendra Modi and other well-known Indians?

Ralph Lauren Faces Heat Over Bandhani Skirt

Ralph Lauren Faces Heat Over Bandhani Skirt

Rediff.com6 May 2026

'It is disappointing that a craft, which is protected by the Geographical Indication Tag, Polo Ralph Lauren has turned it into a cheap wrap skirt, that too, printed.'

Odisha govt slaps Rs 233 crore penalty on Vedanta for 'illegal' water extraction

Odisha govt slaps Rs 233 crore penalty on Vedanta for 'illegal' water extraction

Rediff.com4 May 2026

The Odisha government has issued a notice to Vedanta Aluminium Limited, Jharsuguda, demanding 233.11 crore for allegedly extracting over 30 lakh cubic metres of water monthly from the Bheden river system without authorisation between May 2025 and April 2026, a charge the company denies, claiming compliance with existing agreements.

Kerala Police Face Assault Allegations From Ice Cream Vendors

Kerala Police Face Assault Allegations From Ice Cream Vendors

Rediff.com20 Apr 2026

Two young men and their families have filed a complaint alleging physical assault and verbal abuse by police in Thottapally, Kerala. The complaint alleges that police officers hit their motorcycle, assaulted them, and accused them of theft.

Under-Trial Prisoner Flees Odisha Jail By Scaling Wall

Under-Trial Prisoner Flees Odisha Jail By Scaling Wall

Rediff.com22 Apr 2026

An under-trial prisoner escaped from Kalahandi district jail in Odisha by scaling a 20-foot wall. An investigation is underway, and a search operation has been launched to recapture the escapee.

'Biggest Single Danger Is If Remittances Come Down'

'Biggest Single Danger Is If Remittances Come Down'

Rediff.com13 May 2026

'At the first sign of real trouble, that money will move. There will be a run.'

Youths Held For Stealing Marigold Seeds In Maharashtra

Youths Held For Stealing Marigold Seeds In Maharashtra

Rediff.com19 Apr 2026

Two youths have been arrested for allegedly snatching marigold seeds valued at Rs 7.78 lakh from a farmer in Karnataka after luring him to Jalna in Maharashtra under the guise of a business deal, police said.

Gang Busted For Rs 1.3 Crore GST Fraud Using Mudra Loan Scheme

Gang Busted For Rs 1.3 Crore GST Fraud Using Mudra Loan Scheme

Rediff.com22 Apr 2026

Police in Lucknow busted a gang that misused the Mudra loan scheme to create fake GST firms and commit input tax credit fraud worth approximately Rs 1.3 crore.

ServiceNow Enhances AI Control Tower For Enterprise Governance

ServiceNow Enhances AI Control Tower For Enterprise Governance

Rediff.com6 May 2026

ServiceNow has announced an expansion of its AI Control Tower offering with new capabilities that give enterprises control over every AI system, agent, and workflow, regardless of where it runs.

Kerala: First State To Have State 'Bacteria'

Kerala: First State To Have State 'Bacteria'

Rediff.com29 Jan 2026

'We have tags of state animals and birds. However, the invisible world of microbes is doing a lot of things for us in nature, not just for human beings but for the entire life.'

Telangana Government To Act Tough On Drug Offenders

Telangana Government To Act Tough On Drug Offenders

Rediff.com27 Apr 2026

Telangana Chief Minister A Revanth Reddy has vowed strict action against law violators to curb the drug menace in the state, citing a recent drug bust involving a TDP MP and a former BRS MLA. He emphasised that the government will not spare anyone, regardless of their status, and highlighted the establishment of the EAGLE FORCE to combat drug-related crimes.

Man Arrested Over Fake Vehicle Fitness Certificates

Man Arrested Over Fake Vehicle Fitness Certificates

Rediff.com28 Apr 2026

Faridabad police have arrested a suspect involved in a gang allegedly providing forged vehicle fitness certificates. The accused is in police custody, and efforts are underway to apprehend other members of the gang.

How Irrfan Khan's Romanticism Influenced 'Piku'

How Irrfan Khan's Romanticism Influenced 'Piku'

Rediff.com1 May 2026

Shoojit Sircar reveals Irrfan Khan's romantic sensibilities almost altered the ending of 'Piku'. Sircar shared this anecdote at a special screening of a documentary on Irrfan's film 'Paan Singh Tomar'.

Real Estate Businessman Found Dead After Abduction In Odisha

Real Estate Businessman Found Dead After Abduction In Odisha

Rediff.com22 Apr 2026

Police in Odisha have recovered the decomposed body of a real estate businessman who was allegedly kidnapped for ransom a week ago. The victim, Sudhir Patra, was abducted on April 15, and a ransom of Rs 2 crore was demanded. Police suspect he was killed shortly after the kidnapping.

Woman Kills Ex-Boyfriend's Wife In Maharashtra

Woman Kills Ex-Boyfriend's Wife In Maharashtra

Rediff.com24 Apr 2026

A 43-year-old woman has been arrested for allegedly murdering her former boyfriend's wife in Chhatrapati Sambhaji Nagar, Maharashtra. The incident occurred at the victim's home, where the accused stabbed her with a knife. Police are investigating the motive behind the crime.

West Asia Conflict Can Create Havoc With Budget Numbers

West Asia Conflict Can Create Havoc With Budget Numbers

Rediff.com23 Apr 2026

The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.

Court Denies Bail To Al-Falah Chairman In Money Laundering Case

Court Denies Bail To Al-Falah Chairman In Money Laundering Case

Rediff.com4 May 2026

A Delhi court has dismissed the bail application of Al-Falah chairman Jawad Ahmad Siddiqui in a Rs 493-crore money laundering case being investigated by the Enforcement Directorate, saying that the allegations against him are 'grave in nature'.

Ex-Associates Arrested for Allegedly Extorting Builder in Ghaziabad

Ex-Associates Arrested for Allegedly Extorting Builder in Ghaziabad

Rediff.com15 Apr 2026

Ghaziabad police arrested three individuals, including a woman, for allegedly attempting to extort Rs 10 crore from a local builder. The accused were former business associates and employees of the victim.

'BJP Has Seen Defeat For 40 Years. That's Why It Never Loses In Gujarat Today'

'BJP Has Seen Defeat For 40 Years. That's Why It Never Loses In Gujarat Today'

Rediff.com30 Apr 2026

'Narendra Modi -- a man with deep and vital experience of Indian politics -- has seen the BJP lose many elections between 1975 and 2015, and with every defeat, he learned lessons that made sure he would never allow his party to be defeated so easily again.'

Iron Trader in Kanpur Ends Life Due to Financial Distress

Iron Trader in Kanpur Ends Life Due to Financial Distress

Rediff.com13 Apr 2026

A 40-year-old iron trader in Kanpur, India, allegedly died by suicide due to mounting financial losses in his business. Police are investigating the circumstances surrounding his death.

Odisha Man Arrested For Murder Of Former Lover

Odisha Man Arrested For Murder Of Former Lover

Rediff.com23 Apr 2026

Odisha Police have arrested a 30-year-old man for the murder of a 24-year-old woman in Jagatsinghpur district. The accused, a former lover of the victim, was arrested in Jamshedpur and brought back to Odisha. He allegedly hired a contract killer after suspecting the woman was in a relationship with someone else and learning of her upcoming marriage.

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.

Tension in Manipur after protest; women's group calls 7-day shutdown

Tension in Manipur after protest; women's group calls 7-day shutdown

Rediff.com19 Apr 2026

Security personnel used tear gas to disperse protesters in Manipur's Imphal West district after tensions escalated in the Khurai Lamlong area on Saturday during demonstrations seeking justice in connection with the Tronglaobi bomb attack incident.