News for 'US Company'

Piramal Pharma looks to return on growth path

Piramal Pharma looks to return on growth path

Rediff.com8 May 2026

Piramal Pharma anticipates a significant turnaround in financial year 2026-27 (FY27), projecting early-to-mid teens revenue expansion and a sharp improvement in profitability, driven by improved business momentum, new product acquisitions, and structural tailwinds.

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Rediff.com8 May 2026

IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.

Adobe Expands India Presence With New Noida Office

Adobe Expands India Presence With New Noida Office

Rediff.com8 May 2026

Adobe has announced the opening of a new office in Noida, its seventh in India. The new campus will house over 700 employees and signifies Adobe's continued focus on driving innovation from India.

Why Paytm Is Steering Clear Of An NBFC Licence

Why Paytm Is Steering Clear Of An NBFC Licence

Rediff.com7 May 2026

Paytm, operated by One97 Communications, is not actively seeking a non-banking financial company (NBFC) licence, preferring partnership models for lending operations, according to its Group CFO.

Sexual Harassment Allegations: Delhi CEO Faces Police Probe

Sexual Harassment Allegations: Delhi CEO Faces Police Probe

Rediff.com8 May 2026

Delhi Police have registered a case against the CEO of a south Delhi-based company following a complaint by a former intern alleging sexual harassment, intimidation, and abuse of authority.

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.

Trump-Xi Bonhomie: Should India Be Uneasy?

Trump-Xi Bonhomie: Should India Be Uneasy?

Rediff.com6 days ago

Delhi must now purge the delusional hopes of being a 'counterweight' to China in the US calculus, argues Ambassador M K Bhadrakumar.

Why Paytm Is Not Pursuing An NBFC Licence

Why Paytm Is Not Pursuing An NBFC Licence

Rediff.com7 May 2026

Fintech giant One97 Communications, which operates Paytm, has decided against applying for a Non-Banking Financial Company (NBFC) licence, favouring its existing partnership model.

Dabur's robust India biz showing lifts shares

Dabur's robust India biz showing lifts shares

Rediff.com9 May 2026

Dabur India's shares rose 3.7 per cent after reporting in-line Q4FY26 results, driven by a healthy 10 per cent growth in its India business, despite some analysts remaining cautious about future execution.

Dowry Death Case: Delhi Woman's Frantic Calls Before Death

Dowry Death Case: Delhi Woman's Frantic Calls Before Death

Rediff.com5 days ago

A 25-year-old woman's family alleges dowry harassment and foul play after she died from a fall in Delhi. Her final calls for help haunt them as police investigate.

Will Indians Get To Watch FIFA World Cup 2026?

Will Indians Get To Watch FIFA World Cup 2026?

Rediff.com5 days ago

With less than a month to go, football fans have all fingers -- and toes -- crossed, notes Kanika Datta.

CBI Files Chargesheet In Builder-Banker Nexus Case

CBI Files Chargesheet In Builder-Banker Nexus Case

Rediff.com8 May 2026

The CBI has filed a chargesheet against Shubhkamna Buildtech Pvt Ltd and its directors, its sixth in the Supreme Court-directed probe into the builder-banker nexus case, officials said Friday.

Self-Styled Godman Arrested For Double Murder In Dhule

Self-Styled Godman Arrested For Double Murder In Dhule

Rediff.com18 May 2026

A self-styled godman in Maharashtra's Dhule district has been arrested for allegedly strangling a woman after she resisted his sexual assault attempt and subsequently killing her male friend at his ashram.

Man Murders Family In Jamshedpur Over Dispute

Man Murders Family In Jamshedpur Over Dispute

Rediff.com11 May 2026

A man in Jamshedpur, Jharkhand, allegedly murdered his wife, pregnant daughter, and son with an axe following a family dispute.

Inflation, weak rupee drag Indian markets lower; fuel price hike adds to concerns

Inflation, weak rupee drag Indian markets lower; fuel price hike adds to concerns

Rediff.com15 May 2026

Indian benchmark equity indices, Sensex and Nifty, closed lower due to investor caution over rising bond yields, a weaker rupee, and fresh fuel price hikes, which have revived inflation concerns.

'Indians Are Not Buying Too Much Of Gold'

'Indians Are Not Buying Too Much Of Gold'

Rediff.com7 days ago

'Even last year, when India bought gold, the physical quantity was much less than the previous years.'

Biocon Succession Plan: Kiran Mazumdar-Shaw Names Claire Mazumdar as Future Leader

Biocon Succession Plan: Kiran Mazumdar-Shaw Names Claire Mazumdar as Future Leader

Rediff.com6 May 2026

Kiran Mazumdar-Shaw names niece Claire Mazumdar as successor at Biocon. Explore the leadership transition, strategy, and future plans.

Election over, petrol, diesel prices hiked by Rs 3/litre

Election over, petrol, diesel prices hiked by Rs 3/litre

Rediff.com15 May 2026

Petrol and diesel prices in India have been increased by Rs 3 per litre each, marking the first rate hike in over four years. This decision follows a period of stable prices during recent state elections, despite rising global crude oil prices and significant losses for fuel retailers.

Enforcement Directorate Conducts Raids In Punjab, Chandigarh

Enforcement Directorate Conducts Raids In Punjab, Chandigarh

Rediff.com7 May 2026

The Enforcement Directorate conducted searches at multiple locations in Punjab and Chandigarh as part of a money laundering investigation against certain builders and real estate companies in an alleged land fraud case.

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Rediff.com12 May 2026

The Enforcement Directorate has arrested two former IDFC First Bank employees in connection with a money laundering case involving the alleged embezzlement of Rs 590 crore in Haryana government funds.

Body Of Man Who Jumped Into Agra Canal Recovered

Body Of Man Who Jumped Into Agra Canal Recovered

Rediff.com15 May 2026

The body of a 25-year-old man who allegedly jumped into the Agra Canal in Faridabad following a family dispute has been recovered by an SDRF team.

Ex-Narcotics Bureau Official Faces Charges In Cheating Case

Ex-Narcotics Bureau Official Faces Charges In Cheating Case

Rediff.com7 May 2026

A special CBI court has upheld the framing of charges against a former Narcotics Control Bureau official accused of cheating the bureau by claiming subsistence allowance while suspended, despite working for three private companies.

Indian Companies Outpace Global Peers in AI Implementation, Reveals Deloitte Report

Indian Companies Outpace Global Peers in AI Implementation, Reveals Deloitte Report

Rediff.com22 Mar 2026

A Deloitte report reveals that Indian enterprises are leading the world in large-scale AI adoption, but are facing a significant skills gap in AI expertise.

SEBI Court Convicts Harshad Mehta-Linked Firms For Non-Compliance

SEBI Court Convicts Harshad Mehta-Linked Firms For Non-Compliance

Rediff.com7 May 2026

A special SEBI court convicted two directors and their five firms, linked to late stockbroker Harshad Mehta, for failing to provide information during a 1998 investigation into the manipulation of shares belonging to BPL and Videocon.

Indian National Killed In Moscow Region Drone Strike

Indian National Killed In Moscow Region Drone Strike

Rediff.com17 May 2026

An Indian worker was killed and three others were injured in a drone attack in the Moscow region, the Indian embassy in Russia said. The incident occurred amid escalating hostilities between Russia and Ukraine.

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached assets worth over 581 crore belonging to Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL), companies of Reliance Group Chairman Anil Ambani, as part of an ongoing investigation.

Sheffield University Backs Greener Aviation With Sustainable Fuel Testing

Sheffield University Backs Greener Aviation With Sustainable Fuel Testing

Rediff.com6 days ago

The University of Sheffield has announced a major milestone in the push for greener aviation as it produces its first report from testing a new sustainable aviation fuel (SAF). The research is helping support the faster rollout of low-carbon jet fuels.

Coolcations Drive Summer Travel Surge

Coolcations Drive Summer Travel Surge

Rediff.com13 May 2026

As temperatures soar, booking queries have surged by double digits -- going up to 125 per cent -- for destinations like Kashmir, Shillong, Gangtok, Munnar, Leh, Rishikesh, Guwahati, Imphal, Kodaikanal and the Andamans.

KL Rahul joins Kohli in historic IPL milestone list

KL Rahul joins Kohli in historic IPL milestone list

Rediff.com18 May 2026

KL Rahul reached his 50th fifty-plus score in the IPL and his eighth 500-run season, contributing significantly to Delhi Capitals' win against Rajasthan Royals and keeping their playoff hopes alive.

Biocon eyes in-licensing to boost biosimilars portfolio, targets margin expansion

Biocon eyes in-licensing to boost biosimilars portfolio, targets margin expansion

Rediff.com9 May 2026

Biocon is actively seeking in-licensing opportunities to expand its biosimilars portfolio, focusing on products that complement existing therapy areas, as the company shifts to a 'consolidate' phase with a strong emphasis on improving capacity utilisation, expanding margins, and driving return on capital employed.

US Calls For Openness, Security In AI Partnership With India

US Calls For Openness, Security In AI Partnership With India

Rediff.com9 May 2026

A senior US official has emphasised the importance of openness and security in the development of artificial intelligence between India and the US, urging both nations to avoid dependencies on adversarial countries.

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.

Delhi Police Investigate Death Threats To Defence Firm MD

Delhi Police Investigate Death Threats To Defence Firm MD

Rediff.com8 May 2026

Delhi Police have launched an investigation into fresh death threats received by a defence entrepreneur, allegedly from an international extortion network. The threats target Sahil Luthra, MD of Vijayen Trishul Defence Solutions, who reported receiving a threatening voice note.

IPL Watch-Time Surges On Digital Platforms, TV Viewership Strong

IPL Watch-Time Surges On Digital Platforms, TV Viewership Strong

Rediff.com15 May 2026

The Indian Premier League (IPL) has seen a significant increase in digital watch-time and strong TV viewership, according to broadcasters. Digital watch-time is up by seven per cent, and TV viewership is on track to reach 500 million.

CBI Files Chargesheet Against CHD Developers For Fraud

CBI Files Chargesheet Against CHD Developers For Fraud

Rediff.com7 May 2026

The CBI has filed a chargesheet against CHD Developers Ltd and its directors for alleged fraudulent activities in a Gurugram-based project, officials said.

J-K Tightens Rules for Courier Companies to Curb Drug Trafficking

J-K Tightens Rules for Courier Companies to Curb Drug Trafficking

Rediff.com13 Mar 2026

The Jammu and Kashmir government has issued an order regulating courier companies, parcel services, and logistics operators in Jammu district to prevent the transport of contraband substances.

International Crypto Network With Terror Links Busted In Gujarat

International Crypto Network With Terror Links Busted In Gujarat

Rediff.com7 days ago

The Gujarat CID Crime has dismantled an international cryptocurrency network worth Rs 226 crore, revealing links to a front organisation of the terror group Hamas. Nine individuals have been arrested in connection with the syndicate, which is implicated in cyber fraud, narcotics, and terror funding.

Udaan Operations Disrupted By Fraudulent SMS Scam: All You Need To Know

Udaan Operations Disrupted By Fraudulent SMS Scam: All You Need To Know

Rediff.com6 May 2026

An FIR has been registered against unknown individuals for allegedly sending fraudulent messages in the name of e-commerce platform Udaan, promising cash rewards and disrupting its operations.

India's services sector growth hits 5-month high in April

India's services sector growth hits 5-month high in April

Rediff.com6 May 2026

India's services sector growth reached a five-month high in April, with the HSBC India Services PMI Business Activity Index rising to 58.8, primarily driven by robust domestic demand and a shift from international to local suppliers amidst the West Asia crisis.

Godrej Properties to raise Rs 3,000 crore via NCDs

Godrej Properties to raise Rs 3,000 crore via NCDs

Rediff.com5 May 2026

Godrej Properties Limited (GPL) reported its highest-ever quarterly profit of 649.5 crore in Q4 FY26, a 70.13 per cent year-on-year increase, driven by record revenues and bookings. The company aims for over 39,000 crore in residential bookings for FY27 and plans to raise up to 3,000 crore through debt securities.