JSW Steel Ltd (JSTL) has announced a restructuring that unlocks value from Bhushan Power & Steel Ltd (BPSL) and changes the balance-sheet. JSTL will do a slump sale of 50 per cent stake in BPSL to Japan's JFE Steel in two equal tranches, totalling Rs 15,700 crore in cash.
Creditors took a haircut of around 67 per cent on their admitted claims on the realisation made till September 2025 under the corporate insolvency resolution process (CIRP) of the Insolvency and Bankruptcy Code (IBC), the latest data released by the insolvency regulator showed.
The US Food and Drug Administration's (USFDA)'s new draft guidelines aimed at speeding up and reducing the cost of developing biosimilars - lower-priced, near-replicas of complex biologic medicines - could significantly benefit Indian biotech companies.
As many as 338 A320 family aircraft operated by Indian airlines require the software upgrade to address a potential issue related to flight controls, and modifications have been carried out in more than half of the affected fleet, according to DGCA data.
Pilots' body Airlines' Pilots Association (ALPA) India on Friday took 'strong' objection to safety regulator Directorate General of Civil Aviation (DGCA)'s 'selective and unsafe' relief to domestic carrier IndiGo, amid widescale cancellations, saying the decision sets a dangerous precedent.
The DPDP rules, which have come into effect, require companies to implement a data protection and consent management system by November 2026.
India and Russia are expected to unveil a major nuclear energy partnership during Vladimir Putin's visit, potentially involving Russian small modular reactors and expanded cooperation as India pushes toward its 100-GW nuclear goal by 2047.
rediffGURU Nayagam PP, founder of EduJob360, breaks down the top government competitive exams aspirants can target in 2026, along with their eligibility criteria, important dates, syllabus essentials and preparation strategies.
The Supreme Court is scheduled to hear a plea challenging the detention of climate activist Sonam Wangchuk under the National Security Act (NSA). The plea, filed by Wangchuk's wife, argues the detention is illegal and violates his fundamental rights.
'I enjoy making gestures, big or small, based on what makes my partner and me feel comfortable.'
Calling itself the "custodian of the Constitution", the Supreme Court on Thursday asked if it could "sit idle" if a constitutional functionary like governor failed to discharge duties, as it reserved its verdict on the presidential reference on grant of assent to bills.
'India has the capital to invest in defence production.' 'With clear timelines and commitments, private industry can deliver surge capacity effectively.'
The car entered the parking area near the Red Fort complex at 3:19 pm, where it remained parked for around three hours. The car exited the parking area at 6:22 pm and moved toward the Red Fort. Just 24 minutes after its exit, at 6:52 pm, a powerful explosion occurred inside the moving car.
The Lok Sabha will debate the 150th anniversary of 'Vande Mataram' and electoral reforms after an all-party agreement, potentially breaking the logjam over discussions on Special Intensive Revision (SIR) of electoral rolls.
Where was the Board when a predictable regulatory change brought the country's largest airline to its knees? asks Dr Sudhir Bisht.
One of the major concerns highlighted by the DGCA was about the fact that not all staff had completed mandatory fatigue management training.
Current situation risks rendering ongoing operations untenable: ISL clubs to AIFF
Asserting that there are no differences between him and his deputy D K Shivakumar, Karnataka Chief Minister Siddaramaiah on Tuesday said that they both are running the government unitedly, and will continue to do so in the future too.
The Supreme Court has directed states to consider deploying additional staff to ease the workload on booth level officers (BLOs) engaged in the special revision of electoral rolls, following concerns about extreme work pressure and related issues.
Maharashtra is set to hold local body elections for municipal councils and nagar panchayats, marking the first phase of a Supreme Court-mandated process. The elections are seen as a key indicator of political sentiment following the BJP-led Mahayuti's victory in the assembly elections.
Tamil Nadu's ruling DMK has filed a petition in the Supreme Court challenging the Election Commission's plan to implement the Special Intensive Revision of electoral rolls in the state.
Indian graduates face tougher English tests, shorter post-study stays, higher costs and stricter settlement rules as Britain rolls out sweeping immigration reforms.
In a federal democracy, the people must have a say (indirect or direct) in an office as important as that of governor. Especially in a governor who can now effectively veto a bill by simply refusing to sign it, argues Harishchandra.
'Growth will definitely continue to come most from the sub-four-metre SUV segment, primarily because that is where the heart of economy and affordability is. Naturally, that will keep pushing the share of that segment (in overall PV sales) higher.'
Booth-level officers in Kolkata scuffled with police during a protest against alleged excessive work pressure related to the ongoing SIR process. The officers allege unrealistic deadlines and lack of support from the Election Commission.
'In the long run, India's strong growth story and reforms to make assets globally attractive will determine the rupee's resilience.'
The Supreme Court is examining the validity of the Election Commission's decision to conduct special intensive revisions of electoral rolls in several states, focusing on concerns about democratic participation and the burden on ordinary voters.
DGCA provided temporary relief to IndiGo, which is partially owned by Rahul Bhatia, by rolling back the night duty definition to 12 am-5 am from 12 am-6 am earlier, and allowing its pilots to do six night-landings from two earlier, besides other relaxations.
The Communist Party of India (Marxist) has approached the Supreme Court, contesting the legality of the Election Commission's order for a Special Intensive Revision (SIR) of electoral rolls in Tamil Nadu, alleging it is arbitrary and unconstitutional.
The Supreme Court of India has ruled that the actions of governors and the President in granting, withholding, or reserving assent to bills are not subject to judicial review, emphasizing the separation of powers.
While Q2FY26 is expected to be mildly disappointing for the hospital sector, there's a lot of investor optimism for the future. This comes after a favourable revision in rates for Central Government Health Scheme (CGHS) procedures, as well as expectations of rising occupancy and growth in average revenue per operating bed (ARPOB).
The DGCA has formed two specialised teams to internally monitor IndiGo's daily operations.
This innovation works by stimulating our natural organs so that it can produce and maintain the insulin balance.
'If she hadn't left Bangladesh, the militants had planned on killing her'
Divya Nair/Rediff spoke to international career counsellors to understand what you can do if your visa is delayed or denied when you have received a scholarship.
'There is always a plan. Whenever you can give him a break, you will.'
The Supreme Court on Thursday held that the Governor can reserve a bill for consideration of the President even in the second instance, when the bill is again sent by the state assembly to him whether in its amended or unamended form.
With the Union Budget three months away, major industry chambers have submitted to the government proposals on common taxes, seeking simpler compliance and a quicker resolution of tax disputes.
'We are pursuing this matter, about 10 days ago also we wrote a letter to the chairman of ACC, but there is no change in their stand.'
SP Group chairman Shapoorji Pallonji Mistry on Friday reiterated calls for public listing of Tata Sons to bring transparency, amid infighting among trustees of Tata Trusts which controls a 66 per cent stake in the holding company of the salt-to-software conglomerate. Shapoorji Pallonji family is the single largest minority shareholder with about 18.37 per cent in Tata Sons.
