News for 'US Company'

Govt sends eviction notice to elite Delhi Gymkhana Club, cites security reasons

Govt sends eviction notice to elite Delhi Gymkhana Club, cites security reasons

Rediff.com2 days ago

The Delhi Gymkhana Club, a historic landmark in Lutyens' Delhi, is facing eviction as the government seeks to reclaim its land for defence infrastructure, raising concerns about the future of this elite institution.

Hampton Sky Realty Claims Innocence After Director's Arrest

Hampton Sky Realty Claims Innocence After Director's Arrest

Rediff.com9 May 2026

Hampton Sky Realty Limited, formerly directed by Punjab minister Sanjeev Arora, has issued a statement asserting its innocence and cooperation with authorities following the arrest of Arora in connection with a money laundering probe.

Odisha Police Arrest Two More In Bank Fraud Case

Odisha Police Arrest Two More In Bank Fraud Case

Rediff.com3 days ago

Odisha Police's Economic Offences Wing (EOW) has arrested two more individuals in connection with a Rs 9.6 crore bank fraud case, bringing the total number of arrests to six. The accused, Surjit Roy and Sameer Srivastav, were apprehended in Raipur, Chhattisgarh, for allegedly withdrawing funds from the District Mineral Foundation (DMF) trust using forged cheques.

Key Accused In Heera Group Fraud Case Arrested

Key Accused In Heera Group Fraud Case Arrested

Rediff.com4 days ago

Nowhera Shaik, the prime accused in the Heera Group investment fraud case, has been arrested in Gurugram. She was apprehended in a joint operation by the Enforcement Directorate and Haryana Police and has been taken to Hyderabad.

US Team Likely to Visit India in June for Crucial Trade Discussions

US Team Likely to Visit India in June for Crucial Trade Discussions

Rediff.com5 days ago

Commerce and Industry Minister Piyush Goyal announced that a US team is expected to visit India next month for trade talks, following an earlier Indian delegation's visit to Washington, DC, in April to finalise an interim pact and advance negotiations for a broader bilateral trade agreement.

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Rediff.com5 days ago

Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.

Why Are Properties Linked To Abhishek Banerjee Under KMC Scrutiny?

Why Are Properties Linked To Abhishek Banerjee Under KMC Scrutiny?

Rediff.com6 days ago

The Kolkata Municipal Corporation (KMC) has issued notices to properties linked to TMC's Abhishek Banerjee, seeking building plans for scrutiny amid allegations of unauthorised construction.

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.

Health Ministry: 42 Drug Samples Fail Quality Tests

Health Ministry: 42 Drug Samples Fail Quality Tests

Rediff.com4 days ago

The central drugs laboratories found 42 drug samples manufactured by various firms to be "not of standard quality (NSQ)" in its monthly drug alert for April, Union health ministry officials said on Thursday. Further, the state drug testing laboratories have identified 127 drug samples as NSQ, they said.

Bhavish Aggarwal's Second Coming? Ola Bets Big On Electric Motorcycles

Bhavish Aggarwal's Second Coming? Ola Bets Big On Electric Motorcycles

Rediff.com16 May 2026

Ola Electric is making a renewed push into the electric motorcycle market with aggressive pricing and in-house battery manufacturing, aiming to replicate its earlier success in electric scooters while addressing past quality and service issues.

Five Arrested For Abducting Construction Workers In Jharkhand

Five Arrested For Abducting Construction Workers In Jharkhand

Rediff.com16 May 2026

Police in Jharkhand's East Singhbhum district have arrested five people for allegedly abducting two employees of a construction company and demanding a ransom of Rs 10 lakh.

CBI Files Chargesheet Against Sequel Buildcon In Homebuyer Fraud Case

CBI Files Chargesheet Against Sequel Buildcon In Homebuyer Fraud Case

Rediff.com11 May 2026

The CBI has filed a chargesheet against Sequel Buildcon Private Limited for allegedly cheating homebuyers and siphoning off funds issued by PNB Housing Finance for a Noida-based project.

Eight Arrested In Akasa Air Gold Theft Case

Eight Arrested In Akasa Air Gold Theft Case

Rediff.com3 days ago

Ahmedabad police have arrested eight individuals involved in a pre-planned scheme to steal 2.1 kilograms of gold jewellery worth Rs 2.58 crore from an Akasa Air cargo shipment at Ahmedabad airport.

MSEDCL Technician Arrested For Accepting Bribe

MSEDCL Technician Arrested For Accepting Bribe

Rediff.com7 days ago

A Maharashtra State Electricity Distribution Company Limited (MSEDCL) technician was arrested for allegedly soliciting and accepting a bribe of Rs 1,000 from a farmer in Beed, Maharashtra.

Rs 3000 cr cap on nuclear liability: Very sensitive legislative policy issue, says SC

Rs 3000 cr cap on nuclear liability: Very sensitive legislative policy issue, says SC

Rediff.com6 days ago

The Supreme Court is reviewing a plea challenging the 2025 SHANTI Act, which caps liability at Rs 3,000 crore for nuclear plant incidents, raising concerns about victim compensation and operator accountability.

LIC reports robust 23% jump in Q4 net profit to Rs 23,420 crore

LIC reports robust 23% jump in Q4 net profit to Rs 23,420 crore

Rediff.com4 days ago

Life Insurance Corporation of India (LIC) announced a significant 23 per cent increase in its net profit for the March quarter, reaching Rs 23,420 crore, alongside a rise in total income and premium collections.

Delhi Man Arrested For Defrauding Paralyzed Brother-In-Law

Delhi Man Arrested For Defrauding Paralyzed Brother-In-Law

Rediff.com3 days ago

Delhi Police have arrested a 26-year-old man for allegedly siphoning off Rs 1.48 lakh from his paralysed brother-in-law's bank accounts after gaining the family's trust as his caretaker.

Nowhera Shaik Arrested In Heera Group Investment Fraud Case

Nowhera Shaik Arrested In Heera Group Investment Fraud Case

Rediff.com3 days ago

The Enforcement Directorate (ED) has arrested Nowhera Shaik, the prime accused in the Heera Group-linked alleged investment fraud, from an Airbnb property in Gurugram. Shaik was living under a fake identity and using forged documents. The Heera Group allegedly collected over Rs 5,978 crore from the public, promising high returns but failing to return even the principal amount.

Report Reveals Collusion in Pune Land Deal Involving Parth Pawar's Company

Report Reveals Collusion in Pune Land Deal Involving Parth Pawar's Company

Rediff.com25 Mar 2026

A committee investigating the sale of government land in Pune to a company co-owned by Parth Pawar has found that officials from revenue, stamp, and registration departments facilitated the illegal transaction.

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.

CBI Raids Reliance ADA Group Offices In Mumbai

CBI Raids Reliance ADA Group Offices In Mumbai

Rediff.com9 May 2026

The CBI conducted searches at 17 premises in Mumbai related to Reliance ADA Group companies, including Reliance Telecom and Reliance Finance, concerning alleged diversion of bank funds and losses to banks and LIC.

Equity MF Inflows Stay Strong in April Despite Softer SIP Numbers

Equity MF Inflows Stay Strong in April Despite Softer SIP Numbers

Rediff.com7 days ago

Net investments into equity mutual fund schemes in India remained elevated at approximately 38,440 crore in April, despite a slight dip from March's high and a 3% month-on-month decline in Systematic Investment Plan (SIP) inflows.

'Quality Companies To Lead Next IPO Wave'

'Quality Companies To Lead Next IPO Wave'

Rediff.com13 Mar 2026

'The next phase of India's IPO cycle will be defined by quality, pricing discipline and investor selectivity.'

RBI likely to maintain repo rate at 5.25% through FY27, says India Ratings

RBI likely to maintain repo rate at 5.25% through FY27, says India Ratings

Rediff.com6 days ago

India Ratings and Research predicts the Reserve Bank of India (RBI) will maintain the repo rate at 5.25 per cent throughout FY27, despite potential inflationary pressures from higher fuel prices, with inflation expected to remain within the central bank's tolerance band.

Man Strangled For Opposing Daughter's Relationship: Accused Arrested

Man Strangled For Opposing Daughter's Relationship: Accused Arrested

Rediff.com16 May 2026

A 51-year-old man was allegedly strangled to death in Faridabad for opposing his daughter's relationship with the accused, who has been arrested.

Govt Defends Soft Approach To Fuel Crisis

Govt Defends Soft Approach To Fuel Crisis

Rediff.com16 May 2026

'PM Modi is trying to reduce the volume of fuel consumed instead of raising prices sharply.'

Now, row erupts in Kerala as chief poll officer appointed as CM's secretary

Now, row erupts in Kerala as chief poll officer appointed as CM's secretary

Rediff.com2 days ago

The appointment of Kerala's Chief Electoral Officer as the Chief Minister's secretary has ignited a political firestorm, raising questions about election credibility and sparking accusations of hypocrisy among political parties.

DII holdings in Nifty 500 hit record 20.9%, FPIs' slid to a new low in Q4

DII holdings in Nifty 500 hit record 20.9%, FPIs' slid to a new low in Q4

Rediff.com13 May 2026

Domestic Institutional Investors (DIIs) have significantly increased their holdings in Nifty 500 companies, reaching a record 20.9 per cent by the end of March, while Foreign Portfolio Investors (FPIs) reduced their ownership to an all-time low of 17.1 per cent, according to Motilal Oswal Financial Services.

Gurugram Police Nab Two In Kidnapping And Murder Case

Gurugram Police Nab Two In Kidnapping And Murder Case

Rediff.com16 May 2026

Gurugram Police have arrested two individuals for allegedly kidnapping and murdering a 42-year-old man following an altercation. The accused allegedly strangled the victim to death and dumped his body on the road. The police investigation led to the arrest of the suspects and the recovery of the vehicle used in the crime.

Punjab Minister's ED Remand Extended In Money Laundering Probe

Punjab Minister's ED Remand Extended In Money Laundering Probe

Rediff.com16 May 2026

A court in Gurugram has extended the Enforcement Directorate (ED) remand of Punjab minister Sanjeev Arora by two days in connection with a Rs 100-crore money laundering case.

Akasa Air Staff Arrested In Rs 2.58 Crore Gold Theft

Akasa Air Staff Arrested In Rs 2.58 Crore Gold Theft

Rediff.com3 days ago

Eight people have been arrested in Ahmedabad for allegedly stealing 2.1 kilograms of gold jewellery worth Rs 2.58 crore from an Akasa Air cargo shipment. The theft involved a pre-planned racket, with two Akasa Air employees among those arrested. The airline has terminated their services and is cooperating with the police investigation.

RBI surplus transfer to govt hits a new high of Rs 2.87 trn

RBI surplus transfer to govt hits a new high of Rs 2.87 trn

Rediff.com2 days ago

The Reserve Bank of India (RBI) has announced a record surplus transfer of Rs 2.87 trillion to the central government for FY26, driven by increased income and an expanded balance sheet, despite a reduction in the contingent risk buffer (CRB) to 6.5 per cent.

India rules ICE bike exports, but China dominates E2Ws

India rules ICE bike exports, but China dominates E2Ws

Rediff.com7 days ago

But when it comes to e2W, China is the dominant player and had grabbed over 76 per cent share of total e2W imports in 2025 with brands like Yadea, NIU and Sunra dominating the market.

Kalyani Group Breaks Ground On Defence Manufacturing Facility

Kalyani Group Breaks Ground On Defence Manufacturing Facility

Rediff.com15 May 2026

Kalyani Strategic Systems' subsidiary, Agneyastra Energetics Ltd, has commenced construction of a Rs 1,500-crore defence manufacturing facility in Andhra Pradesh, aiming to enhance India's indigenous defence capabilities and generate employment.

Petrol, Diesel Prices Hiked by Rs 3/Litre Amid Surging Crude Costs

Petrol, Diesel Prices Hiked by Rs 3/Litre Amid Surging Crude Costs

Rediff.com15 May 2026

Petrol and diesel prices have been increased by Rs 3 per litre each, marking the first hike in over four years, as state-run fuel retailers pass on some of the impact from surging global crude prices, which have been exacerbated by the Iran war.

Praggnanandhaa falters in Round 7 of Super Chess Classic

Praggnanandhaa falters in Round 7 of Super Chess Classic

Rediff.com4 days ago

Indian Grandmaster R Praggnanandhaa faced a setback in the Super Chess Classic, losing to Fabiano Caruana. Other key results saw Javokhir Sindarov defeat Vincent Keymer, while Jorden Van Foreest benefitted from Alireza Firouzja's withdrawal.

10 Most Violent Indian Movies

10 Most Violent Indian Movies

Rediff.com6 hours ago

From Bandit Queen to Dhurandhar, these Indian films pushed cinematic violence to shocking, stomach-churning extremes.

NPCI Bhim Aims To Double Market Share

NPCI Bhim Aims To Double Market Share

Rediff.com6 days ago

NPCI BHIM Services Ltd is expanding the BHIM app to feature phones to increase financial inclusion and diversify revenue through financial product distribution. The app aims to double its market share and is focusing on partnerships with banks and new features like UPI Circle.

Gambhir to decide on Suryakumar's future as India's T20 captain

Gambhir to decide on Suryakumar's future as India's T20 captain

Rediff.com2 days ago

Suryakumar Yadav's future as India's T20 captain is uncertain, with his place in the team as a batter under scrutiny. Gautam Gambhir's support as head coach could be decisive, despite concerns from the selection committee about Suryakumar's recent form and suitability for the 2028 Olympics.

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

Rediff.com16 May 2026

Foreign secretary Vikram Misri on Friday shared key details on agreements between India and the UAE, stating that the UAE will store up to 30 million barrels of crude oil in India's strategic petroleum reserve following Prime Minister Narendra Modi's visit.