News for 'The Financial Times'

Pakistan Offers To Mediate Between Iran, US: Financial Times

Pakistan Offers To Mediate Between Iran, US: Financial Times

Rediff.com23 Mar 2026

'Pakistan has pitched Islamabad as a possible venue for talks as early as this week involving senior figures from the Trump administration and Iran,' the Financial Times reported.

Why Financial Freedom Needs A Purpose

Why Financial Freedom Needs A Purpose

Rediff.com1 days ago

Perhaps we spend too much time planning how to become financially free and too little asking what we want to be free for, notes Harsh Roongta.

Daren Sammy makes emotional appeal for financial support for West Indies cricket

Daren Sammy makes emotional appeal for financial support for West Indies cricket

Rediff.com6 days ago

West Indies head coach Daren Sammy has made an emotional appeal for financial support for Caribbean cricket, hoping that a competitive series against India will attract sponsors and alleviate the financial struggles faced by the team under the current ICC revenue-sharing model.

Indian Equities Decline for Second Day as Banking, Financial Stocks Drag

Indian Equities Decline for Second Day as Banking, Financial Stocks Drag

Rediff.com3 days ago

Indian equity benchmark indices extended losses for a second consecutive session, with the Sensex dropping 143 points, driven by a sell-off in power, banking, and financial stocks, coupled with elevated crude oil prices and persistent FII selling.

Sports Ministry Unveils Enhanced Financial Aid For NSFs

Sports Ministry Unveils Enhanced Financial Aid For NSFs

Rediff.com16 Oct 2026

The Sports Ministry has revised its Scheme of Assistance to National Sports Federations (ANSF), significantly increasing financial support for organising international events in India, with up to Rs 50 crore available. The new guidelines also maintain funding for National Championships, introduce assistance for National Games, and outline plans for Olympic Training Centres, aligning with India's 2036 Olympic bid and 2030 Commonwealth Games aspirations.

Man City face Anfield fury after financial verdict

Man City face Anfield fury after financial verdict

Rediff.com6 Oct 2026

Manchester City are set to face a hostile reception at Anfield against Liverpool following their recent conviction for serious breaches of the Premier League's financial rules. The long-standing rivalry is expected to intensify, with former players predicting a "brutal day" for City amidst fan anger and potential protests.

Dating For The First Time? Think About This First

Dating For The First Time? Think About This First

Rediff.com15 Oct 2026

'One of the biggest mistakes first-time daters make is spending too much time texting before meeting in person,' says Shalini Singh, founder of andwemet, an invite-only WhatsApp matchmaking community for Indian singles.

Jio Platforms IPO Oversubscribed 5.57 Times, Draws Rs 3.73 Lakh Crore Demand

Jio Platforms IPO Oversubscribed 5.57 Times, Draws Rs 3.73 Lakh Crore Demand

Rediff.com2 days ago

Jio Platforms Ltd's Rs 30,213-crore initial public offering (IPO) has garnered bids worth Rs 3.73 lakh crore, achieving a subscription rate of 5.57 times the shares on offer, driven by robust institutional and anchor investor demand.

Fintech 'Valuable Partner' in Building Future Financial System: RBI Governor

Fintech 'Valuable Partner' in Building Future Financial System: RBI Governor

Rediff.com9 Sep 2026

RBI Governor Sanjay Malhotra stated that the central bank consistently views fintechs as 'valuable partners' in shaping India's future financial system, crediting the sector with expanding financial inclusion, enhancing customer experience, and streamlining credit delivery, particularly for MSMEs.

Jio IPO subscribed 3.01 times, draws Rs 66,500 cr bids after record 100-minute sellout

Jio IPO subscribed 3.01 times, draws Rs 66,500 cr bids after record 100-minute sellout

Rediff.com3 days ago

Jio Platforms Ltd's Rs 30,213-crore initial public offering was subscribed 3.01 times, attracting approximately Rs 66,500 crore in public bids, with qualified institutional buyers oversubscribing their portion by 9.02 times, while retail investor demand remained under-subscribed at 0.68 times.

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

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

Rediff.com5 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.com5 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.

Jemima Goldsmith Ties The Knot With Financier Cameron O'Reilly

Jemima Goldsmith Ties The Knot With Financier Cameron O'Reilly

Rediff.com14 Sep 2026

Jemima Goldsmith, filmmaker and former wife of Pakistan's ex-prime minister Imran Khan, has married multi-millionaire financier Cameron O'Reilly. The news was confirmed by her family, with the couple reportedly exchanging vows over the weekend. Goldsmith continues to advocate for her sons and ex-husband amidst his incarceration.

RBI Deputy Governor flags systemic risk from financial institutions' reliance on common tech providers

RBI Deputy Governor flags systemic risk from financial institutions' reliance on common tech providers

Rediff.com10 Sep 2026

Reserve Bank of India (RBI) Deputy Governor Rohit Jain has warned that financial institutions' increasing reliance on a small number of common technology providers, including cloud and AI model providers, could create a new source of systemic risk. He highlighted 'speed, concentration and opacity' as key risks, noting that a disruption at one provider could rapidly spread across multiple institutions, amplifying existing financial risks.

Sebi to widen AI surveillance net to detect financial misstatements

Sebi to widen AI surveillance net to detect financial misstatements

Rediff.com25 Aug 2026

The Securities and Exchange Board of India (Sebi) is set to expand its artificial intelligence (AI)-based surveillance beyond trading data to include corporate filings, aiming to proactively flag financial misstatements and manipulation in quarterly results without relying solely on investor complaints.

QIBs drive bulk of demand as NSE IPO subscribed 5.7 times

QIBs drive bulk of demand as NSE IPO subscribed 5.7 times

Rediff.com22 Sep 2026

Institutional portion subscribed 12.68 times; retail crosses quota.

PhonePe Launches UPI 123Pay For Feature Phones, Boosting Financial Inclusion

PhonePe Launches UPI 123Pay For Feature Phones, Boosting Financial Inclusion

Rediff.com31 Aug 2026

Fintech giant PhonePe has launched 'PhonePe UPI 123Pay', a new service enabling UPI transactions for feature phone users without requiring an internet connection. This initiative aims to bring digital payment capabilities to over 200 million feature phone users, promoting financial inclusion across India.

Myanmar arms training case: Court extends US national VanDyke's stay abroad

Myanmar arms training case: Court extends US national VanDyke's stay abroad

Rediff.com1 days ago

A Delhi court has extended the permission for US national Matthew Aaron VanDyke and six Ukrainian nationals to remain outside India until February 24 next year in a Myanmar arms training case. The NIA sought more time for investigation, while VanDyke, who appeared in person, questioned the case's continuation and cited financial difficulties.

One India, one time: IST to become sole official time standard

One India, one time: IST to become sole official time standard

Rediff.com30 Aug 2026

The Indian government has notified the Legal Metrology (Indian Standard Time) Rules, 2026, establishing IST as the sole reference for all official purposes nationwide. These rules, effective in 180 days, aim to synchronise digital systems, reduce reliance on foreign time sources, and enhance coordination across critical sectors like banking, railways, and telecommunications.

Infosys sees 6.2% rise in Q2 net profit, reaches Rs 7,823 crore

Infosys sees 6.2% rise in Q2 net profit, reaches Rs 7,823 crore

Rediff.com1 days ago

Indian IT major Infosys announced a 6.2 per cent increase in its consolidated net profit, reaching Rs 7,823 crore for the second quarter ending September 30, alongside a 10.2 per cent growth in revenue from operations.

RBI Governor's Clear Message To Tata Sons On Listing

RBI Governor's Clear Message To Tata Sons On Listing

Rediff.com22 hours ago

His remarks come amid a debate over whether Tata Sons, the holding company of India's largest conglomerate Tata group, is required to go public.

Indian Super League season delayed, AIFF clarifies financial allegations

Indian Super League season delayed, AIFF clarifies financial allegations

Rediff.com19 Aug 2026

The Indian Super League (ISL) 2024-25 season has been postponed to after October 6 due to the FIFA international match window, and will proceed with 13 teams after Diamond Harbour FC failed to meet payment deadlines. Concurrently, the All India Football Federation (AIFF) has condemned "unverified claims" regarding its finances and the decision to withdraw from the FIFA ASEAN Cup, asserting that the prioritisation of a friendly match against Brazil was a strategic move for Indian football.

BFI Secretary General Seeks Observers For Contentious SGM

BFI Secretary General Seeks Observers For Contentious SGM

Rediff.com14 hours ago

Suspended Boxing Federation of India (BFI) secretary general Pramod Kumar has requested World Boxing, IOA, and the Sports Ministry to send observers for a Special General Meeting (SGM) on October 28. BFI president Ajay Singh has declared the SGM "illegal and unconstitutional," warning of disciplinary action against attendees. The meeting aims to pass a no-confidence motion against Singh, amidst a deepening power struggle where both officials have suspended each other.

SIT Formed To Investigate Ex-Shimla SSP Over Fund Misuse

SIT Formed To Investigate Ex-Shimla SSP Over Fund Misuse

Rediff.com12 hours ago

A three-member Special Investigation Team (SIT) has been formed in Shimla to probe two cases against former SSP Sanjeev Kumar Gandhi. The allegations include misappropriation and misuse of government funds, cheating, and using forged documents, totalling over Rs 16 lakh. Gandhi denies the charges, claiming he is being targeted.

SIT finds currency was removed 105 times from Ram temple counting room

SIT finds currency was removed 105 times from Ram temple counting room

Rediff.com22 Sep 2026

The Supreme Court has noted that the Special Investigation Team (SIT) probing alleged embezzlement at the Ram temple in Ayodhya identified 105 instances of unauthorised currency removal from the counting room. While no discrepancies were found in valuable articles like silver bricks, eight accused have been identified, and a chargesheet is expected soon. The investigation involved examining CCTV footage, financial records, and witness statements.

Bollywood's Sordid History With The Underworld

Bollywood's Sordid History With The Underworld

Rediff.com3 days ago

Sunday's shooting incident targeting Tiger Shroff have rekindled memories of the film industry's dark past, when crime syndicates like Dawood Ibrahim's D-Company and Abu Salem's gang exerted significant influence through extortion, violence, and money laundering.

West Indies CEO Blames 1997 ICC Decision for Cricket's Decline

West Indies CEO Blames 1997 ICC Decision for Cricket's Decline

Rediff.com16 Oct 2026

Cricket West Indies (CWI) CEO Chris Dehring has vehemently criticised the existing revenue model for bilateral cricket series, highlighting that the West Indies receive no financial benefit from their lucrative ongoing white-ball engagement with India.

Why Parthiv Patel Rejected Chief Selector Post

Why Parthiv Patel Rejected Chief Selector Post

Rediff.com5 days ago

Parthiv Patel turned down the opportunity to become the chairman of selectors, citing 'financial issues' related to the remuneration for the role compared to his existing commitments.

Jio Platforms IPO breaks global records with over 1 crore applications

Jio Platforms IPO breaks global records with over 1 crore applications

Rediff.com1 days ago

Jio Platforms' initial public offering has shattered global records by receiving over one crore applications, underscoring immense investor confidence in the company's ambitious plans for technology, AI, and cloud services, with the IPO subscribed almost seven times overall.

Anthropic's prospectus warns of AI's 'existential risks to humanity'

Anthropic's prospectus warns of AI's 'existential risks to humanity'

Rediff.com29 Sep 2026

Anthropic has formally warned investors that its technology may pose "existential risks to humanity" in a long-awaited initial public offering prospectus circulated with a small group of partners in recent days.

Before you place your next trade or investment, do this 2-minute check!

Before you place your next trade or investment, do this 2-minute check!

Rediff.com4 days ago

Placing a trade or investment can take only a few clicks, but those few clicks can put your capital at risk. It is easy to get influenced by a sudden price movement, breaking news, a market trend or someone else's recommendation and act without giving the decision enough thought.

Tiger Shroff shooting: 1 more held, firearms recovered from Surat

Tiger Shroff shooting: 1 more held, firearms recovered from Surat

Rediff.com10 hours ago

A 22-year-old man from Sonipat was arrested in Indore, becoming the 11th person held in connection with the shooting incident involving Bollywood actor Tiger Shroff. Mumbai police also recovered two firearms from Surat, allegedly used in the attack, while sources revealed assailants received real-time police probe updates via news channels.

How Navi Mumbai Gym Owner Blackmailed Partner For Rs 38 Lakh

How Navi Mumbai Gym Owner Blackmailed Partner For Rs 38 Lakh

Rediff.com2 days ago

A gym owner in Navi Mumbai has been arrested for allegedly blackmailing his woman business partner and extorting Rs 38 lakh. He threatened to circulate her objectionable videos, which he secretly recorded after establishing physical relations. The victim filed a complaint, leading to his apprehension and remand in police custody.

Jio Platforms IPO fully subscribed in 100 minutes, setting new record

Jio Platforms IPO fully subscribed in 100 minutes, setting new record

Rediff.com3 days ago

Jio Platforms Ltd's Rs 30,213-crore initial public offering (IPO) achieved full subscription within 100 minutes of opening, making it the fastest among India's mega issues, surpassing previous records set by companies like Reliance Power.

Ayesha Shroff Visits Injured Vlogger, Offers Help

Ayesha Shroff Visits Injured Vlogger, Offers Help

Rediff.com3 days ago

Ayesha Shroff -- whose father Air Vice Marshal Ranjan Dutt was awarded a Vir Chakra for gallantry in the 1948 War -- met with Chauhan's friends and family in the ICU, sharing her phone number and asking to be kept updated regarding his medical needs.

Don't WhatsApp me: Omar to MLAs ahead of cabinet rejig

Don't WhatsApp me: Omar to MLAs ahead of cabinet rejig

Rediff.com10 hours ago

Jammu and Kashmir Chief Minister Omar Abdullah announced a cabinet expansion and reshuffle for early next week, urging party members not to lobby for positions as the list is finalised. He also discussed various issues with Lieutenant Governor Manoj Sinha, including the LG's health, the National Dental Commission Act, and the plight of Kashmiri pilgrims stranded in Saudi Arabia due to flight cancellations and high airfares. Abdullah also declined to comment on LAC patrolling, stating it's outside J&K's purview post-Ladakh's separation.

Jio Platforms IPO bids cross Rs 50,000 cr after record 100 minutes sellout

Jio Platforms IPO bids cross Rs 50,000 cr after record 100 minutes sellout

Rediff.com3 days ago

Jio Platforms Ltd's (JPL) public offer, valued at Rs 30,213 crore, was fully subscribed within 100 minutes of opening, making it the fastest-ever subscribed IPO in India, driven by strong institutional demand.

Rajpal Yadav's cheque case: SC appoints former HC judge as mediator

Rajpal Yadav's cheque case: SC appoints former HC judge as mediator

Rediff.com3 days ago

The Supreme Court has appointed former Delhi High Court judge Justice Najmi Waziri as a mediator to resolve the cheque-dishonour dispute involving actor Rajpal Yadav. The legal battle originated from a 2010 financial agreement for his directorial debut, 'Ata Pata Laapata', where Yadav allegedly issued dishonoured cheques. The actor has deposited Rs 2 crore with the SC registry, and the court has allowed his passport release for professional commitments.

The Lady Who Changed Indian Banking

The Lady Who Changed Indian Banking

Rediff.com5 days ago

By the time she finished her term as SBI chairman, she was overseeing over two lakh employees, 24,000 domestic branches, 100 international ones and a bank that had stepped into the technological age and become youth-friendly. Meet Arundhati Bhattacharya, the first woman chairman of the State Bank of India and president and CEO, Salesforce, South Asia.

Police Make Key Arrest, Recover Firearms In Tiger Shroff Case

Police Make Key Arrest, Recover Firearms In Tiger Shroff Case

Rediff.com12 hours ago

Mumbai Police have arrested a 22-year-old man in Indore and recovered two firearms from Surat in connection with the shooting incident targeting Bollywood actor Tiger Shroff's car. The total number of arrests in the case has now reached 11, with police also revealing that assailants received real-time updates on the investigation via news channels.