News for 'Sun Group Chief Financial'

Ex-Religare Chief Saluja Summoned In Money Laundering Probe

Ex-Religare Chief Saluja Summoned In Money Laundering Probe

Rediff.com2 Jun 2026

A Mumbai court has summoned Rashmi Saluja, former executive chairperson of Religare Enterprises Ltd (REL), and four others in connection with a money laundering case linked to Employee Stock Option Plans (ESOPs). The Enforcement Directorate's case is based on a police complaint registered against the accused for alleged criminal conspiracy and cheating in 2024.

Jio Financial formalises general insurance foray with Allianz

Jio Financial formalises general insurance foray with Allianz

Rediff.com23 Apr 2026

Jio Financial Services and Munich-based Allianz Group have signed a binding agreement to establish a 50:50 joint venture for general and health insurance in India, building on an earlier reinsurance partnership.

Al Falah Group chief made Rs 415 crore 'dishonestly': ED

Al Falah Group chief made Rs 415 crore 'dishonestly': ED

Rediff.com19 Nov 2025

The Enforcement Directorate (ED) has secured a 13-day custodial remand for Jawad Ahmed Siddiqui, chairperson of the Al Falah group, accused of generating over Rs 415 crore dishonestly from students. The ED claims Siddiqui has incentives to flee India as his family is settled in the Gulf.

How Much EMI Can Your Salary Handle?

How Much EMI Can Your Salary Handle?

Rediff.com1 days ago

Too many EMIs draining your salary? Ramalingam Kalirajan explains the safe borrowing limit that protects your income from a dangerous debt trap.

Why Supreme Court Deferred Hearing In Anil Ambani Group Fraud Case

Why Supreme Court Deferred Hearing In Anil Ambani Group Fraud Case

Rediff.com30 Apr 2026

The Supreme Court has deferred the hearing on a PIL alleging large-scale banking fraud involving the Anil Dhirubhai Ambani Group and its firms to May 8.

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Rediff.com8 May 2026

'We are targeting a 2.5x to 3x increase in valuation by FY31.'

India Inc Battles Rising Gulf War Costs

India Inc Battles Rising Gulf War Costs

Rediff.com1 days ago

Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.

Banks Push Loans Against Mutual Funds

Banks Push Loans Against Mutual Funds

Rediff.com6 days ago

LAMF allows investors to access liquidity while staying invested.

India's Era Has Arrived: Birla

India's Era Has Arrived: Birla

Rediff.com5 days ago

Kumar Mangalam Birla urged young people to 'build in India, build for India and build for the world'.

CBI Probes Reliance Anil Ambani Group Over 73,000 Crore Loan Fraud

CBI Probes Reliance Anil Ambani Group Over 73,000 Crore Loan Fraud

Rediff.com6 Apr 2026

The Central Bureau of Investigation (CBI) is investigating the Reliance Anil Ambani Group for alleged bank loan frauds totalling 73,000 crore across seven cases. The Supreme Court is monitoring the investigation, which also involves the Enforcement Directorate (ED).

Adi Godrej's Son Pirojsha to Succeed Nadir Godrej as Group Chairperson

Adi Godrej's Son Pirojsha to Succeed Nadir Godrej as Group Chairperson

Rediff.com13 Apr 2026

Godrej Industries Group announces Pirojsha Godrej as the new chairperson, succeeding Nadir Godrej in August, marking a significant leadership transition within the conglomerate.

How SIPs Beat Inflation, Build Retirement Wealth

How SIPs Beat Inflation, Build Retirement Wealth

Rediff.com29 May 2026

Start SIPs early, increase investments steadily, and let compounding beat inflation to secure retirement wealth, says Ramalingam Kalirajan

Medical Tourism Revenues Grow Despite Conflicts

Medical Tourism Revenues Grow Despite Conflicts

Rediff.com26 May 2026

While the West Asia conflict has led to a drop in patient footfalls, hospitals are seeing higher realisations as international patients increasingly travel for complex, high-end procedures.

Adani Group adopts 3-layer structure to empower frontline,flatten hierarchy

Adani Group adopts 3-layer structure to empower frontline,flatten hierarchy

Rediff.com4 Apr 2026

Billionaire Gautam Adani announced the Adani Group is transitioning to a three-layer organisational structure to flatten hierarchy and empower its frontline operations, aiming for faster decision-making and increased accountability.

TaMo PV profit slumps 32% on JLR headwinds

TaMo PV profit slumps 32% on JLR headwinds

Rediff.com15 May 2026

Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.

Tata Board Meeting Silent On Chandra's Extension

Tata Board Meeting Silent On Chandra's Extension

Rediff.com27 May 2026

The much-awaited board meeting of Tata Sons did not discuss listing of the holding company or a third term for Chairman N Chandrasekaran.

IndiGo's Q4 Loss Hits Rs 2,537 Crore Due to Rupee Depreciation, Operational Headwinds

IndiGo's Q4 Loss Hits Rs 2,537 Crore Due to Rupee Depreciation, Operational Headwinds

Rediff.com29 May 2026

IndiGo, India's largest airline, reported a net loss of Rs 2,536.9 crore in the March quarter of fiscal year 2025-26, primarily attributed to a significant foreign exchange loss of approximately Rs 8,100 crore, the impact of December flight disruptions, and expenses related to new labour laws.

More than 300 booked over attack on ED officials in Kerala

More than 300 booked over attack on ED officials in Kerala

Rediff.com27 May 2026

Kerala Police have booked approximately 300 individuals following an alleged attack on Enforcement Directorate officials and security personnel after a raid linked to former Kerala Chief Minister Pinarayi Vijayan.

PharmEasy's parent has a new playbook: Profit first, growth second

PharmEasy's parent has a new playbook: Profit first, growth second

Rediff.com27 May 2026

API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.

Can Srini Pallia Revive Wipro?

Can Srini Pallia Revive Wipro?

Rediff.com2 Jun 2026

'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'

Sebi's Revised Methodology Boosts India's Household Savings Ratio

Sebi's Revised Methodology Boosts India's Household Savings Ratio

Rediff.com21 May 2026

India's gross savings rate is projected to be nearly 47 basis points higher in FY25 than previously estimated, following the Securities and Exchange Board of India's (Sebi) revision of the methodology for calculating household savings routed through the securities market.

Tata Steel's Q4 Net Profit Jumps 125% on Higher Volumes, Cost Cuts

Tata Steel's Q4 Net Profit Jumps 125% on Higher Volumes, Cost Cuts

Rediff.com16 May 2026

Tata Steel reported a significant 124.9 per cent year-on-year increase in consolidated net profit to 2,925.74 crore for the fourth quarter of FY26, driven by higher volumes and an improved product mix in India, alongside planned cost reductions across its global operations.

'Mamata Banerjee's Comeback Is Impossible'

'Mamata Banerjee's Comeback Is Impossible'

Rediff.com5 days ago

'Mamata was more feared than loved, and in politics when people start fearing you then they start hating you.' 'So Mamata's comeback now is impossible.'

Reliance Power Distances Itself from Former Executive Arrested in Money Laundering Probe

Reliance Power Distances Itself from Former Executive Arrested in Money Laundering Probe

Rediff.com16 Apr 2026

Reliance Power clarifies that Amitabh Jhunjhunwala, arrested in a money laundering case, has not been associated with the group since 2019. The case involves alleged bank loan fraud through Reliance Group companies.

How Mahesh Bhatt Alerted Kangana Ranaut To 2008 Mumbai Attacks

How Mahesh Bhatt Alerted Kangana Ranaut To 2008 Mumbai Attacks

Rediff.com7 days ago

Actor-politician Kangana Ranaut shared her experience during the 2008 Mumbai terror attacks, revealing that director Mahesh Bhatt was the first to alert her and her Bollywood peers while they were at a party.

Wipro's Board Approves Mega Rs 15,000 Crore Share Buyback, Largest in Company History

Wipro's Board Approves Mega Rs 15,000 Crore Share Buyback, Largest in Company History

Rediff.com16 Apr 2026

IT services giant Wipro's board has given the green light to a massive Rs 15,000 crore share repurchase programme, aiming to buy back over 5 per cent of its equity, or up to 60 crore shares, from shareholders at Rs 250 per share, reflecting an 18 per cent premium.

Want To Exchange Gold? Read This First

Want To Exchange Gold? Read This First

Rediff.com1 Jun 2026

'Customers do not recover the original making charges paid on old jewellery. Sentimental value is lost when heirlooms are exchanged.'

Tata Sons Dilemma: To List Or Not To List

Tata Sons Dilemma: To List Or Not To List

Rediff.com26 May 2026

The upcoming Tata Sons board meeting in June could possibly throw some light on several critical issues that may have a bearing on the future of the corporate behemoth.

Sensex Rises Over 300 Points, Nifty Crosses 23,700 Amid Positive Market Sentiment

Sensex Rises Over 300 Points, Nifty Crosses 23,700 Amid Positive Market Sentiment

Rediff.com19 May 2026

Indian stock markets rallied in early trade after US President Donald Trump announced a halt to planned military strikes on Iran, citing requests from Gulf leaders and ongoing "very big discussions" that could lead to a deal. This de-escalation, coupled with foreign fund inflows and gains in IT and Adani group stocks, contributed to the positive market sentiment. Track Sensex and Nifty on May 19, 2026.

Why Staying Invested During Wars Builds Wealth

Why Staying Invested During Wars Builds Wealth

Rediff.com7 May 2026

Disciplined investors who ignore short-term fear build significant long-term wealth, notes Ramalingam Kalirajan

Gulf War: Big Lessons For Investors

Gulf War: Big Lessons For Investors

Rediff.com11 May 2026

History is rarely decided by who has the biggest weapons, but by who has the better process. The same rule applies to investing, says Ramalingam Kalirajan.

Should You Fall In Developers' Flexible Payments Trap?

Should You Fall In Developers' Flexible Payments Trap?

Rediff.com12 May 2026

Deferred payment plans may come with a cost, which may not be immediately visible.

'Target is to open 80 branches every year for next few years'

'Target is to open 80 branches every year for next few years'

Rediff.com29 Apr 2026

Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.

Cognizant CEO Ravi Kumar's Compensation Jumped 28% to $21.5 Million Last Year

Cognizant CEO Ravi Kumar's Compensation Jumped 28% to $21.5 Million Last Year

Rediff.com18 Apr 2026

Cognizant CEO Ravi Kumar's annual compensation increased by 28 per cent to $21.5 million in 2025, while CFO Jatin Dalal's compensation dropped by 30 per cent to $7.08 million, according to a recent proxy statement.

Reliance Executives in ED Custody Over Alleged Loan Fraud

Reliance Executives in ED Custody Over Alleged Loan Fraud

Rediff.com16 Apr 2026

A Delhi court has remanded former senior executives of Reliance Anil Ambani Group (RAAG) to five days of ED custody in connection with an alleged bank loan fraud-linked money laundering case.

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

Rediff.com18 May 2026

Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.

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.

SC asks CBI, ED to conduct 'fair, time-bound' probe into Anil Ambani Group banking fraud

SC asks CBI, ED to conduct 'fair, time-bound' probe into Anil Ambani Group banking fraud

Rediff.com23 Mar 2026

The Supreme Court has ordered a 'fair, dispassionate, transparent, and time-bound' investigation by the CBI and ED into the Anil Dhirubhai Ambani Group, addressing concerns over alleged large-scale banking fraud and demanding accountability.

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Rediff.com27 May 2026

If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.

Why Young Indians Skip Health Cover

Why Young Indians Skip Health Cover

Rediff.com14 May 2026

Young buyers often underestimate future health risks.