News for 'acquisition'

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Rediff.com18 May 2026

Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.

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.

Water Tankers Supply 119 Marathwada Villages Amidst Heatwave

Water Tankers Supply 119 Marathwada Villages Amidst Heatwave

Rediff.com14 May 2026

Over 100 villages in Marathwada, India, are now dependent on water tankers due to severe water shortages amid peak summer. A total of 194 tankers are supplying water to 119 villages and 55 settlements across six districts, with Chhatrapati Sambhajinagar facing the most acute shortages.

Open offers highest since 2008 as acquisition, takeover attempts surge

Open offers highest since 2008 as acquisition, takeover attempts surge

Rediff.com29 Dec 2025

Open offers this calendar year, following attempts at acquisition and takeover, came in at more than two a week. There were 121 such open offers to acquire additional shares following a substantial acquisition or change of control, shows the data compiled by primedatabase.com.

Confused Selections; Inconsistent Strategies: Why LSG Flopped In IPL 2026

Confused Selections; Inconsistent Strategies: Why LSG Flopped In IPL 2026

Rediff.com20 May 2026

Lucknow Super Giants' IPL season was marked by inconsistent selections, questionable combinations, and a lack of clarity in their strongest XI, leading to a disappointing campaign.

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

Rediff.com3 May 2026

SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.

Nandigram or Bhabanipur: Where will Suvendu Adhikari stay?

Nandigram or Bhabanipur: Where will Suvendu Adhikari stay?

Rediff.com6 May 2026

Senior BJP leader Suvendu Adhikari, who won both the Nandigram and Bhabanipur seats in West Bengal, has announced he will vacate one of the constituencies within 10 days, leaving the decision to the party leadership.

Indian Equities Bounce Back: Sensex Jumps 639 Pts, Nifty Up 194 Pts

Indian Equities Bounce Back: Sensex Jumps 639 Pts, Nifty Up 194 Pts

Rediff.com27 Apr 2026

Indian benchmark stock indices Sensex and Nifty rebounded nearly 1 per cent, snapping a three-day decline, driven by rallies in Reliance Industries and Sun Pharma, alongside positive global market trends and easing geopolitical tensions.

How TCS Plans To Become The Top AI Services Firm

How TCS Plans To Become The Top AI Services Firm

Rediff.com16 May 2026

TCS, India's largest IT firm, is aiming to become the world's leading AI-led technology services company. CEO K Krithivasan highlights the company's strategy, including upskilling its workforce and executing nation-scale projects in India.

West Bengal Elections: Time For Singur To Move On

West Bengal Elections: Time For Singur To Move On

Rediff.com28 Apr 2026

Years after the Nano exit, Singur's farmers now seek industry and jobs, as the land remains caught between failed promises and political contest.

Why Chinnaswamy lost IPL 2026 final? BCCI explains decision

Why Chinnaswamy lost IPL 2026 final? BCCI explains decision

Rediff.com7 May 2026

IPL chairman Arun Singh Dhumal explains the reasons behind shifting the IPL final from Bengaluru to Ahmedabad, citing higher seating capacity and an ICC board meeting.

Tax Guide: MFs, Property, Pension And Redevelopment

Tax Guide: MFs, Property, Pension And Redevelopment

Rediff.com29 Apr 2026

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Kanpur Dehat Land Scam: FIR Lodged Against Officials

Kanpur Dehat Land Scam: FIR Lodged Against Officials

Rediff.com13 May 2026

The Uttar Pradesh Police have filed an FIR against a former additional district magistrate, company representatives, and bank officials in connection with an alleged land scam worth around Rs 400 crore in Kanpur Dehat district.

ED Raids Punjab Police DIG, Seizes Crores In Money Laundering Probe

ED Raids Punjab Police DIG, Seizes Crores In Money Laundering Probe

Rediff.com29 Apr 2026

The Enforcement Directorate (ED) has seized Rs 1.4 crore and incriminating documents during raids related to money laundering against suspended Punjab Police DIG H S Bhullar and his associates.

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Rediff.com18 May 2026

Jewellery majors Titan Company and Kalyan Jewellers reported robust Q4 FY26 results, with Titan's consolidated revenue surging 81 per cent year-on-year, largely propelled by a sixfold increase in bullion and digital gold sales. Despite strong top-line growth, Titan's gross and operating profit margins faced pressure due to the higher share of lower-margin gold products and increased marketing expenditure.

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.

HC sets aside Sabarimala airport land acquisition process

HC sets aside Sabarimala airport land acquisition process

Rediff.com21 Dec 2025

The Kerala high court has set aside crucial stages of the land acquisition process for the proposed Sabarimala greenfield airport, holding that the state failed to properly assess the minimum land actually required for the project.

TCS slows its dividend tap to fuel AI run

TCS slows its dividend tap to fuel AI run

Rediff.com24 Apr 2026

Tata Consultancy Services' (TCS) annual dividend payout declined to a four-year low of approximately 39,820 crore in FY26, marking its steepest decline in a decade and potentially adversely affecting Tata Sons' finances, which heavily rely on TCS's dividend income.

From TMC insider to BJP face: How did Adhikari script this rise?

From TMC insider to BJP face: How did Adhikari script this rise?

Rediff.com5 May 2026

Suvendu Adhikari's journey from a key figure in the Trinamool Congress to a leading BJP challenger in West Bengal is a remarkable transformation. His victories, particularly against Mamata Banerjee, have positioned him as a potential chief minister, marking a significant shift in the state's political dynamics.

Near-term growth, margin triggers missing in Wipro's Q4 results

Near-term growth, margin triggers missing in Wipro's Q4 results

Rediff.com26 Apr 2026

Wipro reported Q4FY26 IT services revenue of $2.6 billion, a modest 0.2 per cent Q-o-Q constant currency growth, with adjusted operating profit margin beating estimates at 17.2 per cent. The company announced a significant share buyback of ~15,000 crore, but faces near-term growth challenges, particularly in the BFSI segment, and has issued a soft Q1FY27 revenue guidance.

Rajnath discusses border with Chinese defence minister in Bishkek

Rajnath discusses border with Chinese defence minister in Bishkek

Rediff.com28 Apr 2026

Defence Minister Rajnath Singh met his Chinese counterpart Admiral Dong Jun in Bishkek to discuss maintaining peace and tranquility along the Line of Actual Control (LAC) and broader regional security concerns.

Weak FY27 guidance, AI fears weigh on Infosys

Weak FY27 guidance, AI fears weigh on Infosys

Rediff.com25 Apr 2026

Infosys shares experienced a significant drop, hitting a 52-week low, after the company announced its Q4FY26 results and provided a modest revenue growth guidance of 1.5-3.5 per cent in constant currency for FY27, falling below market expectations and raising concerns about AI-led deflation and margin pressures.

Higher input costs, price hikes may play spoilsport for HUL

Higher input costs, price hikes may play spoilsport for HUL

Rediff.com12 May 2026

Hindustan Unilever (HUL) exceeded consensus estimates in Q4FY26, driven by lower overheads and 6 per cent consolidated volume growth. However, the company anticipates further price hikes to counter an expected 8-10 per cent material cost inflation, while maintaining a mid-term margin guidance of 22.5-23.5 per cent.

West Bengal Approves Ayushman Bharat, Land Transfer For Border Fencing

West Bengal Approves Ayushman Bharat, Land Transfer For Border Fencing

Rediff.com11 May 2026

West Bengal's new government, led by Chief Minister Suvendu Adhikari, has approved several key policy changes, including the implementation of the Ayushman Bharat health scheme, land transfer for border fencing, and the adoption of new criminal laws.

Chandrapur Farmers Hospitalised After Poisoning Themselves in Land Dispute

Chandrapur Farmers Hospitalised After Poisoning Themselves in Land Dispute

Rediff.com13 Apr 2026

Five tribal farmers in Chandrapur, Maharashtra, consumed poison to protest inadequate compensation for land acquired by a cement company. They are hospitalised and in stable condition as authorities investigate their claims.

IPL 2026: 'Relieve Pant Of LSG Captaincy'

IPL 2026: 'Relieve Pant Of LSG Captaincy'

Rediff.com5 May 2026

'The pressure and responsibility of captaincy is slowly making us lose Rishabh Pant, the batter.'

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

Rediff.com18 May 2026

'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'

Bengal govt approves land transfer to BSF, joins Ayushman Bharat

Bengal govt approves land transfer to BSF, joins Ayushman Bharat

Rediff.com11 May 2026

The West Bengal government, led by Chief Minister Suvendu Adhikari, has announced the implementation of several key administrative and policy measures, including the adoption of the Ayushman Bharat health scheme, land transfer to the BSF for border fencing, and the implementation of the BNS criminal law.

Why Congress Is Eyeing A Rajya Sabha Seat In Jharkhand

Why Congress Is Eyeing A Rajya Sabha Seat In Jharkhand

Rediff.com30 Apr 2026

The Congress party is seeking one Rajya Sabha seat in Jharkhand from the JMM and plans to discuss the matter with Chief Minister Hemant Soren, according to AICC Jharkhand in-charge K Raju.

West Bengal To Adopt Ayushman Bharat, BNS Criminal Law

West Bengal To Adopt Ayushman Bharat, BNS Criminal Law

Rediff.com11 May 2026

The West Bengal government, led by Chief Minister Suvendu Adhikari, has announced the implementation of several key administrative and policy measures, including the adoption of the Ayushman Bharat health scheme, land transfer to the BSF for border fencing, and the implementation of the BNS criminal law.

IPL 2026: LSG's batting inconsistency led to early exit, admits Tom Moody

IPL 2026: LSG's batting inconsistency led to early exit, admits Tom Moody

Rediff.com11 May 2026

Lucknow Super Giants' global director of cricket, Tom Moody, attributes the team's IPL exit to inconsistent batting performances, particularly in the middle order. Jamie Overton of CSK credits his success to simple execution and praises the team environment.

India Targets 2027 for Formula 1 Grand Prix Comeback

India Targets 2027 for Formula 1 Grand Prix Comeback

Rediff.com13 Apr 2026

Sports Minister Mansukh Mandaviya is advocating for a Formula 1 race in India by 2027, with potential interest from multiple companies to operate the Buddh International Circuit.

IAF to procure high-altitude compact UAV for Garud Special Forces

IAF to procure high-altitude compact UAV for Garud Special Forces

Rediff.com19 Apr 2026

The Indian Air Force is set to procure a compact, indigenous unmanned aerial vehicle (UAV) system for its elite Special Forces unit, designed to operate in extreme conditions and high altitudes.

IPL: Lakshmi Mittal, Adar Poonawalla acquire majority stake in Rajasthan Royals

IPL: Lakshmi Mittal, Adar Poonawalla acquire majority stake in Rajasthan Royals

Rediff.com3 May 2026

Lakshmi N. Mittal and his son Aditya Mittal, along with Adar Poonawalla, have acquired a majority stake in Rajasthan Royals with a bid of $1.65 billion after another consortium pulled out.

Court orders confiscation of arms consultant Sanjay Bhandari's assets

Court orders confiscation of arms consultant Sanjay Bhandari's assets

Rediff.com6 May 2026

A Delhi court has ordered the confiscation of several properties belonging to UK-based arms consultant Sanjay Bhandari under the Fugitive Economic Offenders Act, following his declaration as a fugitive in a money laundering case.

Shares of life insurers dip as DFS calls for end to exclusive bank tie-ups

Shares of life insurers dip as DFS calls for end to exclusive bank tie-ups

Rediff.com22 Apr 2026

Shares of Indian life insurance companies, particularly SBI Life Insurance and Canara HSBC Life Insurance, saw significant declines after the Department of Financial Services (DFS) secretary, M Nagaraju, stated that banks are being asked to avoid exclusive tie-ups with their own insurance subsidiaries and instead remain neutral.

Ultimate Table Tennis Season 7: Key Players And Auction Highlights

Ultimate Table Tennis Season 7: Key Players And Auction Highlights

Rediff.com28 Apr 2026

Manav Thakkar joins UP Prometheans with Yang Liu, while Divya Chitale remains the highest-valued Indian player at the UTT auction. Bernadette Szocs tops the auction, joining Dempo Goa Challengers. The seventh season will be held in Goa from July 9-26.

Want A Credit Card? Read This

Want A Credit Card? Read This

Rediff.com6 May 2026

'First-time applicants may witness longer approval times or higher rejection rates and requests for more documentation.'

Himachal SDM Under Scrutiny For Alleged Benami Land Deals

Himachal SDM Under Scrutiny For Alleged Benami Land Deals

Rediff.com30 Apr 2026

Himachal Pradesh DGP Ashok Tiwari has recommended a detailed examination and action against the SDM of Solan for alleged misuse of official position, conflict of interest, and possible involvement in benami transactions related to land deals.

Gangster Nabbed After Gunfight With Chandigarh Police

Gangster Nabbed After Gunfight With Chandigarh Police

Rediff.com23 Apr 2026

A gangster was arrested in Chandigarh after a brief exchange of fire with police. The accused, Mukesh alias Golu Gohana, sustained a bullet injury during the encounter and is currently hospitalised. Police recovered a pistol and cartridges from his possession.