News for 'business associates'

The Lady Judge Who Heads Gujarat UCC Panel

The Lady Judge Who Heads Gujarat UCC Panel

Rediff.com5 Mar 2025

On the basis of her committee's report, the UCC in Uttarakhand established mandatory registration for marriages and live-in relationships, banned polygamy, and provided equal inheritance rights for women.

'EVs are the only way to decarbonise'

'EVs are the only way to decarbonise'

Rediff.com24 Jan 2025

About 99,165 electric cars were sold in India in 2024, but electric car penetration -- share of electric car sales in total sales -- was just about 2.5 per cent.

My Guruji Is Gone

My Guruji Is Gone

Rediff.com9 Jan 2025

I have never forgotten the lesson that Guruji served up with the tea that morning: Be kind encouraging and patient with fresh starters. Subhash K Jha mourns the passing of Pritish Nandy.

Lack of charging infra a shock for booming EV market

Lack of charging infra a shock for booming EV market

Rediff.com11 Feb 2025

Proliferation of home chargers of around 7 KWh and above, which take six to seven hours to fully charge a car depending on the model, bring running costs down by a third or so. That, coupled with the increasing range of modern electric cars, can lead to a massive increase in sales.

What EVs need for catching up with ICE-run cars

What EVs need for catching up with ICE-run cars

Rediff.com29 Jan 2025

'Currently, EVs are about 30-50 per cent more expensive than ICE vehicles. I believe the inflection point for EVs will come when this price gap narrows to 20-25 per cent. That's when people will start coming in.'

Trump's reciprocal tariffs and WTO rules: An explainer

Trump's reciprocal tariffs and WTO rules: An explainer

Rediff.com15 Feb 2025

American President Donald Trump has announced imposing reciprocal tariffs on its major trading partners including China that levy higher import duties on goods shipped from the United States. He has already announced a 25 per cent duty on steel and aluminium imports, which will come into effect from March 12.

Textile hub Tiruppur threads a recovery on sliding rupee as exports surge

Textile hub Tiruppur threads a recovery on sliding rupee as exports surge

Rediff.com14 Jan 2025

In the shadows of a sliding rupee, India's knitwear hub Tiruppur is weaving a success story. While the domestic currency edges closer to the 86 mark against the US dollar, triggering concerns for many sectors, this textile town in Tamil Nadu is finding opportunity in adversity: Between April and December alone, Tiruppur's exports reached Rs 26,000 crore, almost eclipsing last financial year's total of Rs 30,690 crore.

Relief for D K Shivakumar; SC Dismisses Money Laundering Case

Relief for D K Shivakumar; SC Dismisses Money Laundering Case

Rediff.com5 Mar 2024

The case dates back to August 2017 when the Income Tax department had carried out searches at multiple premises in Delhi as part of its alleged tax evasion probe against Shivakumar, his alleged business associate and liquor trader Sachin Narayan, another associate Sunil Kumar Sharma who operated a fleet of luxury buses, Karnataka Bhawan (Delhi) employee A Hanumanthaiah and former state government employee and caretaker posted at the Karnataka Bhawan Rajendra N.

Osamu Suzuki, the man who spurred India's auto industry is dead

Osamu Suzuki, the man who spurred India's auto industry is dead

Rediff.com27 Dec 2024

Osamu Suzuki, the man who took a risk and bet on India when no one else believed in having a viable automobile company in the country, has died at the age of 94, according to information shared by Japan's Suzuki Motor Corporation on Friday.

FACE's ambitious goal: Uniting 75% fintech players

FACE's ambitious goal: Uniting 75% fintech players

Rediff.com27 Nov 2024

The Fintech Association for Consumer Empowerment (FACE), the only self-regulatory organisation for financial technology/fintech (SRO-FT) companies, is aiming to secure membership from at least 75 per cent of players across all key fintech categories within the next three years, according to a senior executive. The total number of members in the organisation has increased to 110, up from around 60 when it received approval from the Reserve Bank of India (RBI) to operate as an SRO-FT in August.

eVitara done, Maruti eyes small electric car next

eVitara done, Maruti eyes small electric car next

Rediff.com18 Jan 2025

However, the company has not provided a timeline for the launch of the small electric car.

CCI probe finds Zomato, Swiggy violating competition norms

CCI probe finds Zomato, Swiggy violating competition norms

Rediff.com9 Nov 2024

A Competition Commission probe has found that food delivery platforms Zomato and Swiggy indulged in unfair business practices, including alleged preferential treatment to some restaurant partners, according to sources. The detailed investigation was ordered by the Competition Commission of India (CCI) in April 2022 and the probe report was submitted to the regulator earlier this year. Under the norms, CCI director general's report has been shared with the parties concerned and later, they will be called for hearings by the watchdog.

Why Brands Are Chasing Gukesh

Why Brands Are Chasing Gukesh

Rediff.com14 Dec 2024

'With an achievement like this, Gukesh could even be endorsing global brands.'

A few final steps to be completed: Misri on Rana's extradition

A few final steps to be completed: Misri on Rana's extradition

Rediff.com14 Feb 2025

The United States has approved the extradition of Tahawwur Rana, accused of involvement in the 2008 Mumbai terror attacks, to India. The decision was announced by President Donald Trump during a joint press conference with Prime Minister Narendra Modi in the White House. India is currently working on the logistics of Rana's surrender and extradition, with several final steps to be completed before he is sent back to India. The joint statement issued by India and the US during Prime Minister Modi's visit reaffirmed their commitment to fighting terrorism and eliminating terrorist safe havens. The leaders also called on Pakistan to bring to justice the perpetrators of the 26/11 Mumbai and Pathankot attacks. Rana, a Canadian national of Pakistani origin, is currently lodged at a metropolitan detention center in Los Angeles. He is associated with Pakistani-American terrorist David Coleman Headley, one of the main conspirators of the 26/11 attacks.

Can Ranji Match IPL's Star Power?

Can Ranji Match IPL's Star Power?

Rediff.com1 Feb 2025

'The IPL provides a different ladder in terms of recognition.' 'If you do well, you will obviously get noticed and it enhances your selection into white-ball formats.'

Lorries Being Gifted This Wedding Season!

Lorries Being Gifted This Wedding Season!

Rediff.com27 Nov 2024

Another trend: A preference for coloured diamonds among brides, who are pairing them with their groom's birthstone. So, along with yellow or white diamonds, they are choosing pink, green, blue sapphires, emeralds or red rubies.

How is Tata Motors gearing up to face competition?

How is Tata Motors gearing up to face competition?

Rediff.com8 Jan 2025

Why is Shailesh Chandra, managing director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, not worried about the competition?

ED raids in Maharashtra, Guj in cash-for-votes case

ED raids in Maharashtra, Guj in cash-for-votes case

Rediff.com14 Nov 2024

The Enforcement Directorate (ED) conducted raids at multiple locations in Maharashtra and Gujarat as part of a money laundering investigation targeting a Malegaon-based trader suspected of misusing bank accounts to carry out transactions exceeding Rs 100 crore. The probe is linked to an FIR filed by Malegaon Police against Siraj Ahmed Harun Meman, who operates a tea and cold drinks agency, for allegedly misusing bank accounts for illegal transactions. The ED suspects the trader may have been using the funds to divert and route money for certain individuals by misusing the banking credentials of ordinary citizens. The possibility of electoral malpractice being involved is also under scrutiny.

Tax notices to employees a 'discrepancy', says TCS

Tax notices to employees a 'discrepancy', says TCS

Rediff.com16 Sep 2024

Information technology major Tata Consultancy Services (TCS) on Friday termed the tax demand notices received by several of its employees a "discrepancy," and the tax department will be reprocessing the returns. "We understand that the tax authorities will be reprocessing the returns, post which TDS shall be in sync with Form 26AS issued by the Income Tax Department, and Form 16 Part A issued by TCS. Associates that received the notice will receive a rectification intimation in due course and are not required to pay any demand amount.

Delhi gym owner shot dead in suspected gang; two arrested

Delhi gym owner shot dead in suspected gang; two arrested

Rediff.com13 Sep 2024

The officer said that four more people were detained and questioned in connection with the case but the main shooter is still on the run.

NPCI nod to onboard users may help Paytm streamline UPI operations

NPCI nod to onboard users may help Paytm streamline UPI operations

Rediff.com3 Nov 2024

One97 Communications (OCL), the company that operates brand Paytm, received a nod from the National Payments Corporation of India (NPCI) to onboard new Unified Payments Interface (UPI) users. This comes nearly nine months after the Reserve Bank of India (RBI) placed an embargo on OCL to add new customers.

India lists theatre commands, simpler defence procurement for 2025

India lists theatre commands, simpler defence procurement for 2025

Rediff.com1 Jan 2025

India has declared 2025 as the year of defence reforms, aiming to establish integrated theatre commands to enhance synergy among the three armed forces and transform the military into a technologically-advanced combat-ready force. The reforms will also focus on streamlining acquisition procedures, promoting collaboration, and leveraging emerging technologies like artificial intelligence and robotics.

India submits 'Letter of Intent' to host 2036 Olympics

India submits 'Letter of Intent' to host 2036 Olympics

Rediff.com5 Nov 2024

India face competition from Saudi Arabia, Qatar and Turkey, who are positioning themselves as strong contenders to host the 2036 Olympics.

Why did Britain's top shooters miss the World Cup?

Why did Britain's top shooters miss the World Cup?

Rediff.com14 Oct 2024

The ISSF World Cup final in New Delhi has been robbed of some sheen as three of Britain's top shotgun shooters, including Paris Olympics trap gold-medallist Nathan Hales

How Reddy's 'Salaar' Style Celebration Stole the Show at MCG

How Reddy's 'Salaar' Style Celebration Stole the Show at MCG

Rediff.com28 Dec 2024

The maiden Test ton celebration in Salaar style was a tribute to his father Mutyala, who watched his son rescue India from the stand behind team's dug-out.

Small Town India Falls In Love With MFs

Small Town India Falls In Love With MFs

Rediff.com24 Dec 2024

More than 50 per cent of SIP accounts come from semi-urban and rural areas.

Coldplay Concert Controversy: Cases Filed

Coldplay Concert Controversy: Cases Filed

Rediff.com25 Sep 2024

'We have filed a complaint with the police authorities.'

Nestle, IndusInd, Bandhan, Asian Paints from BSE 500 index hit 52-week lows

Nestle, IndusInd, Bandhan, Asian Paints from BSE 500 index hit 52-week lows

Rediff.com20 Dec 2024

Share prices of Nestle India, Asian Paints, Bandhan Bank, Tata Technologies, AU Small Finance Bank and Avenue Supermarts, all a part of the BSE 500 index, have hit their respective 52-week lows on the BSE in Thursday's intra-day trade after a sharp correction in the equity markets.

Delhiwaale ho, dum dikhao: Kohli's advice to youngsters

Delhiwaale ho, dum dikhao: Kohli's advice to youngsters

Rediff.com28 Jan 2025

Virat Kohli began training with the Delhi team on Tuesday ahead of his eagerly-awaited Ranji Trophy comeback after a 12-year gap.

Coming! Purge In EV 2 Wheeler Market

Coming! Purge In EV 2 Wheeler Market

Rediff.com13 Nov 2024

'Price competition is fierce, with many companies selling at zero margin.' 'This pricing pressure is challenging smaller companies and will likely drive some out of the market over time.'

Sonia Gandhi linked to Soros-funded group backing Kashmir freedom: BJP

Sonia Gandhi linked to Soros-funded group backing Kashmir freedom: BJP

Rediff.com8 Dec 2024

The Bharatiya Janata Party (BJP) has alleged that former Congress president Sonia Gandhi has links to an organisation financed by the George Soros Foundation, which has reportedly supported the idea of an independent Kashmir. The party claims this connection demonstrates foreign influence in Indian internal affairs. This comes after BJP's claims of US involvement in destabilizing India, which the US has denied. The BJP also accused Congress leader Rahul Gandhi of collaborating with the Soros-funded OCCRP to damage India's economy and reputation. The allegations have drawn criticism from the US embassy and the opposition Congress.

Will CBI Train Bankers To Detect Fraud?

Will CBI Train Bankers To Detect Fraud?

Rediff.com18 Dec 2024

The number of frauds in the banking sector increased over four times in the past five years to 36,075.

Samsung loses ground to Apple in premium smartphone mkt

Samsung loses ground to Apple in premium smartphone mkt

Rediff.com15 Nov 2024

Samsung is losing the race in India's premium smartphone market as rival Apple continues to increase its dominance in the segment, driven by robust iPhone sales and festival season discounts. Shortly after Apple CEO Tim Cook announced an all-time revenue record in India yet again for the September quarter, the company recorded its best-ever quarter of shipments at four million units in the third quarter of calendar year 2024 (Q3CY24), led by the iPhone 15 and iPhone 13, according to a report by the International Data Corporation (IDC).

Biryani seller held for sexually assaulting Anna University girl

Biryani seller held for sexually assaulting Anna University girl

Rediff.com25 Dec 2024

An Anna University girl student was allegedly sexually assaulted and a 37-year old man, who sells biryani on the pavement, has been arrested for the crime, police said on Wednesday.

Amazon India creates 110K seasonal jobs ahead of festivals

Amazon India creates 110K seasonal jobs ahead of festivals

Rediff.com14 Sep 2024

E-commerce firm Amazon India has announced the creation of over 110,000 seasonal job opportunities across its operations network as it prepares to serve millions of customers throughout India during the upcoming festival season. These positions include both direct and indirect roles in cities such as Mumbai, Delhi, Pune, Bengaluru, Hyderabad, Kolkata, Lucknow, and Chennai, among others. Notably, Amazon has hired thousands of women and nearly 1,900 individuals with disabilities into its existing network.

Diageo-led USL probes loans to UB, associates

Diageo-led USL probes loans to UB, associates

Rediff.com5 Sep 2014

Move comes as huge provisions for bad loans push loss to Rs 4,488 crore.

AI & automation to play a crucial role for retail industry in 2025

AI & automation to play a crucial role for retail industry in 2025

Rediff.com30 Dec 2024

With the rapid evolution of channels like quick-commerce and the emergence of ONDC, the Indian retail industry is 'cautiously optimistic' for 2025, in which new-age technologies such as AI and automation will play a crucial role, driving efficiency and personalisation.

Tributes pour in for Tata's 'Ratan'

Tributes pour in for Tata's 'Ratan'

Rediff.com10 Oct 2024

Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.

A Financial Plan For Young Indian Family

A Financial Plan For Young Indian Family

Rediff.com12 Feb 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

He Wants To Set Up Fuel Stations In Space!

He Wants To Set Up Fuel Stations In Space!

Rediff.com20 Feb 2025

'It is our duty to keep space sustainable and free of debris.'