News for 'business associates'

Went too far: Musk says he 'regrets' his posts about Trump

Went too far: Musk says he 'regrets' his posts about Trump

Rediff.com11 Jun 2025

Trump made it clear he had no plans to speak with Musk anytime soon, stating, "I'm too busy doing other things," and added, "I have no intention of speaking to him," NBC News reported.

$150 Million Insurance Claims Loom After AI 171 Crash

$150 Million Insurance Claims Loom After AI 171 Crash

Rediff.com23 Jun 2025

The claims will include three kinds of liabilities: Damage to the aircraft; loss of lives who were aboard the aircraft; including the crew members; and third-party liability because of loss of lives where the aircraft crashed; and cargo liability.

Scandal rocks PCB! Agent representing 20 Pakistani players banned

Scandal rocks PCB! Agent representing 20 Pakistani players banned

Rediff.com31 Mar 2025

The Pakistan Cricket Board (PCB) is set to investigate a case involving a UK-based Pakistani agent, Mughiz Ahmad Shearachiikh, who has been suspended by the England and Wales Cricket Board (ECB) for breaching its anti-corruption code. Shearachiikh and his company, International Cricketers Association (ICA), had signed several centrally contracted Pakistani players last year.

Indian Reits distribute Rs 6,070 crore in FY25, up 13% from previous year

Indian Reits distribute Rs 6,070 crore in FY25, up 13% from previous year

Rediff.com16 May 2025

India's four listed Real Estate Investment Trusts (Reits) collectively distributed 13 per cent more funds to their shareholders in fourth quarter of financial year 2024-25 (Q4FY25) at Rs 1,553 crore on year, reflecting the growing strength of the sector fuelled by strong leasing activity, especially from Global Capability Centres (GCCs).

42 Years On... Where Are Kapil's Devils Now?

42 Years On... Where Are Kapil's Devils Now?

Rediff.com25 Jun 2025

42 years of World Cup triumph: A Day that made Indian cricket what it is

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Rediff.com2 Jul 2025

In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.

Why Study Abroad When You Can Study In India?

Why Study Abroad When You Can Study In India?

Rediff.com6 May 2025

'Indian private universities can provide world-class education at one fourth the cost, home comforts, and direct links to Indian and global industries.'

Manipur conflict: Two years on, thousands still wait to return home

Manipur conflict: Two years on, thousands still wait to return home

Rediff.com3 May 2025

Two years after ethnic violence erupted in Manipur, thousands of Internally Displaced Persons (IDPs) continue to live in overcrowded camps, struggling to rebuild their lives and facing an uncertain future. Despite the sacking of the Chief Minister and the imposition of President's rule, peace remains a distant hope. While hill-based Kukis demand a separate administration, Meiteis seek implementation of the National Register of Citizens (NRC) and deportation of those they consider illegal immigrants. The IDPs, grappling with severe psychological distress, feel forgotten by the government and are forced to depend on the mercy of others for basic needs.

'Buy 2 Homes With LTCG And Save Tax?'

'Buy 2 Homes With LTCG And Save Tax?'

Rediff.com25 Mar 2025

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

More institutes scrap MoUs with Turkiye, Azerbaijan; jewellers join protest

More institutes scrap MoUs with Turkiye, Azerbaijan; jewellers join protest

Rediff.com16 May 2025

The move came against the backdrop of Turkiye backing Pakistan and its condemnation of India's strikes on terror camps in the neighbouring country and Pakistan-occupied Kashmir under Operation Sindoor.

'As He Was Taken To The Gallows, He Proclaimed 'Bharat Mata ki Jai'

'As He Was Taken To The Gallows, He Proclaimed 'Bharat Mata ki Jai'

Rediff.com12 Jun 2025

Standing near the noose, he recited a couplet in which he said he wished nothing but to sacrifice his life for the motherland. Utkarsh Mishra remembers Ram Prasad Bismil on the revolutionary leader's 128th birth anniversary.

IIHL completes acquisition of Reliance Capital

IIHL completes acquisition of Reliance Capital

Rediff.com18 Mar 2025

IndusInd International Holdings chairman Ashok Hinduja on Tuesday announced the acquisition of Reliance Capital, completing the three-year-long resolution process of the debt-ridden company. IndusInd International Holdings Ltd (IIHL) has transferred the bid amount to the escrow account of the lender, and the takeover of the management from the Administrator will happen on Wednesday.

Cyberattacks Surge After Operation Sindoor, But India Mounts Strong Defence

Cyberattacks Surge After Operation Sindoor, But India Mounts Strong Defence

Rediff.com22 May 2025

For the first time, the Data Security Council of India assembled a joint task force to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum.

Tourist hub Matheran shuts down indefinitely. Here's why

Tourist hub Matheran shuts down indefinitely. Here's why

Rediff.com19 Mar 2025

The move has come after an organization 'Matheran Paryatan Bachao Sangharsh Samiti' (Save Matheran Tourism Struggle Committee) has called for the indefinite bandh due to growing menace of horse owners operating in the hill station.

USTR flags hurdles in medical device exports to India

USTR flags hurdles in medical device exports to India

Rediff.com2 Apr 2025

The USTR report, released just ahead of the US' April 2 deadline for implementing reciprocal tariffs, has also cited high tariffs and price caps, which have not increased in line with inflation, as key obstacles for US businesses.

If India attacks Pak, B'desh should occupy NE states: Yunus' aide

If India attacks Pak, B'desh should occupy NE states: Yunus' aide

Rediff.com2 May 2025

A former Bangladesh army officer and close aide of Chief Adviser Muhammad Yunus has suggested that Dhaka should collaborate with China to occupy India's northeastern states if it attacks Pakistan in response to the Pahalgam terror attack. Bangladesh's interim government has distanced itself from the remarks made by Major General (Retd) ALM Fazlur Rahman on his social media account. Rahman's comments come amidst growing tensions between India and Bangladesh following Yunus' remarks in China about India's northeastern states being landlocked and needing Bangladesh's access to the ocean. These incidents have further strained relations between the two countries, with India withdrawing transhipment facilities granted to Bangladesh for exporting goods to the Middle East, Europe, and various other countries.

'ITC aspires to double its business in five years'

'ITC aspires to double its business in five years'

Rediff.com21 Apr 2024

'While every year presents new challenges, it also provides opportunities for better growth and performance.'

As celebs start #ChaloKashmir, J-K tourism faces Rs 2000-cr hit

As celebs start #ChaloKashmir, J-K tourism faces Rs 2000-cr hit

Rediff.com28 Apr 2025

Kashmir tourism is staring at a loss of Rs 2000 crore with tourists pulling out in droves post the Pahalgam terror attack, and travel agents are pinning their hopes on social media by actors reverses the trend and brings back tourists to the Union territory.

When Raj And Uddhav Met Each Other

When Raj And Uddhav Met Each Other

Rediff.com5 Jul 2025

'If Uddhav bhau and Raj bhau come together, who can stop us?' Prasanna D Zore reports on the fervour and hope set off by the Thackeray cousins coming together.

ED seeks confiscation of Rs 661cr assets in National Herald case

ED seeks confiscation of Rs 661cr assets in National Herald case

Rediff.com17 Apr 2025

The Enforcement Directorate (ED) has filed a chargesheet in the Associated Journals Limited-Young Indian-National Herald money-laundering case, seeking confiscation of assets worth Rs 661 crore and appending statements of Congress leaders Sonia Gandhi and Rahul Gandhi. The agency has accused the Gandhis of orchestrating a conspiracy to illegally obtain the underlying assets of AJL by the beneficial owners of YI (Sonia Gandhi and Rahul Gandhi). Both Sonia Gandhi and Rahul Gandhi have denied any wrongdoing and said the takeover of Associated Journals Limited (AJL) by Young Indian (YI) was not for commercial purposes. The Congress has slammed the chargesheet, alleging that the ED action against its leaders shows panic and moral bankruptcy of the "despotic" government, while the BJP has continued to call out the role of the Gandhi family in the matter.

Kashmiri shawl sellers assaulted in Mussoorie, sparks outrage

Kashmiri shawl sellers assaulted in Mussoorie, sparks outrage

Rediff.com30 Apr 2025

Three men have been arrested in Mussoorie after a video went viral showing them assaulting two Kashmiri shawl vendors. The incident sparked outrage and led to the return of 16 Kashmiri shawl vendors to the Kashmir valley.

Watch Frederick Forsyth's Movies On OTT

Watch Frederick Forsyth's Movies On OTT

Rediff.com10 Jun 2025

A must read for a generation that grew up on his novels.

100 terrorists killed in Operation Sindoor: Rajnath Singh

100 terrorists killed in Operation Sindoor: Rajnath Singh

Rediff.com8 May 2025

Defence Minister Rajnath Singh told an all-party meeting that at least 100 terrorists were killed in the Indian strikes on terror sites in Pakistan and Pakistan-occupied Kashmir under 'Operation Sindoor'. Leaders from various parties showed maturity and extended all support to the government and armed forces.

'Ancient Mantras In A Global Bed Of Music'

'Ancient Mantras In A Global Bed Of Music'

Rediff.com5 Feb 2025

'It was great to have the Indian roots reflected in full force.'

Why England are opposed to Saudi-backed T20 league

Why England are opposed to Saudi-backed T20 league

Rediff.com18 Mar 2025

ECB chief executive Richard Gould said they would not support a proposed global Twenty20 league bankrolled by Saudi Arabia.

US Firms Back Trump's India Tariffs

US Firms Back Trump's India Tariffs

Rediff.com31 Mar 2025

Industry associations and companies in the United States, including the US Chamber of Commerce, Coalition of Services Industries and the iconic bike company Harley Davidson have called on the Donald Trump dispensation to push India to reduce tariffs, non-tariffs, and regulatory barriers to boost American exports.

Why This Banker Didn't Get Promoted!

Why This Banker Didn't Get Promoted!

Rediff.com2 May 2025

The bank made a Rs 67 crore net profit, up 21% from the previous year. Its deposits grew 8%, the loan book 10%. Net bad loans dropped from 7.53% to 6.07%. So why was the banker, who headed the bank, not promoted?

'I've No Desire To Be Prime Minister'

'I've No Desire To Be Prime Minister'

Rediff.com4 Jul 2025

'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'

Margin pressures, growth triggers to weigh on Dr Reddy's

Margin pressures, growth triggers to weigh on Dr Reddy's

Rediff.com21 May 2025

Pharma major Dr Reddy's Laboratories delivered a muted operational performance in the fourth quarter of financial year 2024-25 (Q4FY25), even as revenue growth remained healthy. Lower gross margin performance and muted domestic growth are key concerns. Most brokerages have a "Sell" or "Reduce" rating as there are uncertainties related to the development of a new product portfolio and the launch timelines.

'BCCI ready to fund couple of Olympic disciplines'

'BCCI ready to fund couple of Olympic disciplines'

Rediff.com15 May 2025

BCCI wants to adopt Olympic sports; Govt mulling approval to OCI athletes

More the merrier? A tale of multiple self-regulatory organisations

More the merrier? A tale of multiple self-regulatory organisations

Rediff.com7 Feb 2025

Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.

Bhushan Steel Case: Urgent Need For IBC Reforms

Bhushan Steel Case: Urgent Need For IBC Reforms

Rediff.com29 May 2025

The Supreme Court's ruling in the BPSL case exposes deep flaws in the IBC's institutional framework and raises concern about judicial overreach, notes Rajeswari Sengupta.

Sebi brings in stricter disclosure norms for IPO-bound companies

Sebi brings in stricter disclosure norms for IPO-bound companies

Rediff.com4 Mar 2025

The Securities and Exchange Board of India (Sebi) has introduced stricter Key Performance Indicator (KPI) disclosures for initial public offers (IPOs). These new standards, developed in collaboration with industry associations, aim to enhance transparency and provide investors with a clearer understanding of a company's valuation and business performance.

Bangladesh high court orders Hindu leader's release on bail

Bangladesh high court orders Hindu leader's release on bail

Rediff.com30 Apr 2025

A bench of the Bangladesh High Court ordered the release on bail of Hindu leader Chinmoy Krishna Das, who was arrested in November on charges of defaming the country's national flag. The two-judge bench granted the bail after a final hearing on their previous rule asking authorities why he should not be granted bail. Das, a former ISKCON leader, was arrested at Dhaka's Hazrat Shahjalal International Airport on November 25.

How Tamil Nadu Is Becoming A Global Hub

How Tamil Nadu Is Becoming A Global Hub

Rediff.com2 Apr 2025

After Chennai, it is Coimbatore, Madurai, and Tiruchirappalli, that are emerging as manufacturing hubs. Coimbatore is India's top Tier-II city in terms of the number of GCCs, according to a report by Cushman & Wakefield.

'I Adopted A Cat To Understand Motherhood'

'I Adopted A Cat To Understand Motherhood'

Rediff.com16 Jun 2025

'I am not a mother and never had an abortion either, so I had to understand motherhood and child loss from anecdotal experiences of others.'

Gensol promoters likely to come under SFIO glare

Gensol promoters likely to come under SFIO glare

Rediff.com28 Apr 2025

The government is considering initiating a probe by the Serious Fraud Investigation Office (SFIO) against Gensol Engineering and its promoters, according to sources familiar with the matter. "It is under consideration at this stage. A final decision will be taken soon," a government official said.

Fitch removes Adani Energy from rating watch, first upgrade since US indictment

Fitch removes Adani Energy from rating watch, first upgrade since US indictment

Rediff.com10 Mar 2025

Fitch Ratings has removed energy infrastructure company Adani Energy Solutions Ltd (AESL) from its 'Ratings Watch Negative' list, the first upgrade by an international ratings agency since the US indictment. Fitch affirmed AESL long-term foreign and local-currency issuer default ratings (IDRs) at 'BBB-'.

Drug lord wanted by FBI arrested in Ludhiana

Drug lord wanted by FBI arrested in Ludhiana

Rediff.com10 Mar 2025

Punjab police have arrested an Indian-origin transnational drug lord, wanted by the FBI in connection with one of the largest narcotics seizures in the US. Shehnaz Singh, also known as Shawn Bhinder, had been operating under the guise of a transportation business in Canada since 2014 and allegedly facilitated the movement of drugs from Colombia to the US and Canada via Mexico. Bhinder was arrested in Ludhiana, Punjab, after he had managed to give a slip to FBI sleuths and clandestinely landed in India. He was wanted by the FBI in connection with a seizure of 391 kg methamphetamine, 109 kg cocaine, four sophisticated weapons, and vehicles from six of his associates on February 26, 2025.

Qualifier 1: Punjab Or RCB? Who Will Win?

Qualifier 1: Punjab Or RCB? Who Will Win?

Rediff.com29 May 2025

Royal Challengers Bengaluru and Punjab Kings, two sides chasing their first IPL title, will square off in a tantalising Qualifier 1 encounter on Thursday, May 29, 2025.