News for 'business unit'

Cooling hub Sri City gets a Carrier legacy stamp

Cooling hub Sri City gets a Carrier legacy stamp

Rediff.com18 Feb 2026

Sri City in Andhra Pradesh is dubbed the "Cooling City" of India, accounting for nearly 40 per cent of the air conditioners (ACs) manufactured in the country. On Tuesday, this industrial hub added one more feather to its cooling credentials. Carrier Air Conditioning and Refrigeration Ltd, the Indian arm of the oldest AC company in the world, Carrier Global, signed a deal to invest around ~1,000 crore for a new manufacturing unit at Sri City.

Trump yet to decide as US mulls weekend strike on Iran

Trump yet to decide as US mulls weekend strike on Iran

Rediff.com19 Feb 2026

White House Press Secretary Karoline Leavitt noted that progress has been made in the Geneva talks with Iranian authorities, but the two nations stand 'far apart' on certain issues.

US urged India to buy Russian oil: Trump's Energy Secretary

US urged India to buy Russian oil: Trump's Energy Secretary

Rediff.com9 Mar 2026

The United States has encouraged India to purchase Russian oil already at sea to mitigate supply shortages and price increases amid the West Asia conflict, according to Energy Secretary Chris Wright. This move is described as a short-term effort to stabilise the market without altering Washington's policy towards Russia.

Gulf Conflict: 300,000 Jobs At Risk

Gulf Conflict: 300,000 Jobs At Risk

Rediff.com17 Mar 2026

'If movement remains stalled for three to four months, more than 300,000 recruitments from India could be affected.'

Middle East War: Why Strait Of Hormuz Is Iran's Trump Card

Middle East War: Why Strait Of Hormuz Is Iran's Trump Card

Rediff.com16 Mar 2026

If the oil infrastructure is attacked by the United States, the whole area could be flooded with oil, spilling into the Persian Gulf.

'Indians have been good actors': Trump aide on Russian oil waiver

'Indians have been good actors': Trump aide on Russian oil waiver

Rediff.com7 Mar 2026

The US has granted India permission to buy Russian oil already in transit to ease global supply pressures amidst the West Asia conflict. This decision comes after India agreed to halt sanctioned Russian oil purchases and substitute them with US oil.

Hundreds of F1 Staff Stuck in Bahrain Amid Airspace Closure

Hundreds of F1 Staff Stuck in Bahrain Amid Airspace Closure

Rediff.com2 Mar 2026

Hundreds of Formula One team personnel are stranded in Bahrain after airspace closures triggered by Middle East conflict, but Australian GP chief Travis Auld says Melbourne's season-opener will not be affected.

IPL 2026: 'This Could Be Last Time We See Dhoni In Yellow Jersey'

IPL 2026: 'This Could Be Last Time We See Dhoni In Yellow Jersey'

Rediff.com13 Mar 2026

'I'm not sure how many games he will play. But his presence in the dressing room will help a lot.'

GalaxEye Plans 300 Kg Satellites

GalaxEye Plans 300 Kg Satellites

Rediff.com6 Mar 2026

'Today, as I look at our satellite -- tested, finished and ready to ship -- represents 1,642 days of grit and belief.'

Will RCB have a new owner ahead of IPL 2026?

Will RCB have a new owner ahead of IPL 2026?

Rediff.com5 Nov 2025

Diageo's India arm will begin a strategic review of its investment in a unit which owns the IPL team Royal Challengers Bengaluru, the spirits maker said on Wednesday.

CCS assesses West Asia crisis, orders steps to help stranded Indians

CCS assesses West Asia crisis, orders steps to help stranded Indians

Rediff.com2 Mar 2026

The Cabinet Committee on Security (CCS) has reviewed the evolving situation in West Asia, directing departments to assist Indian nationals affected by recent developments and emphasizing the need for dialogue and diplomacy.

Will Trump's 5 Day Pause End The War On Friday?

Will Trump's 5 Day Pause End The War On Friday?

Rediff.com24 Mar 2026

'Was the five-day pause ever meant to hold, or was it simply another instrument of signaling, of positioning, of buying time in a war where even the pauses are tactical?' asks Prem Panicker in his must read daily blog on the Gulf War.

Badal Accuses AAP of Deteriorating Punjab Law and Order

Badal Accuses AAP of Deteriorating Punjab Law and Order

Rediff.com9 Mar 2026

Shiromani Akali Dal (SAD) president Sukhbir Singh Badal has criticised the Aam Aadmi Party (AAP) government in Punjab, alleging a decline in law and order and accusing them of using financial schemes to sway voters ahead of elections.

Illegal Opium Cultivation Exposed in Chhattisgarh, Sparking Political Row

Illegal Opium Cultivation Exposed in Chhattisgarh, Sparking Political Row

Rediff.com10 Mar 2026

Authorities in Chhattisgarh have uncovered illegal opium cultivation, leading to seizures and political accusations. The discovery follows a previous incident involving a BJP leader, raising questions about the state government's role.

'When we looked outside, we saw a missile'

'When we looked outside, we saw a missile'

Rediff.com3 Mar 2026

Indians returning from the Middle East share their experiences of fear and uncertainty as the conflict between the US, Israel, and Iran disrupts travel and daily life, leaving many stranded and facing financial strain.

RBI looks to ban sales incentive to bank staffers from third party

RBI looks to ban sales incentive to bank staffers from third party

Rediff.com12 Feb 2026

In a move aimed at curbing the mis-selling of financial products, the Reserve Bank of India (RBI) has proposed banning incentives paid to bank staffers by third parties such as insurance companies and mutual fund houses for selling their products and services. It has also proposed that banks must ensure their user interfaces do not deploy "dark patterns" to lure customers.

'Middle East travel freeze won't impact Australian F1 GP'

'Middle East travel freeze won't impact Australian F1 GP'

Rediff.com2 Mar 2026

Australian Grand Prix chief executive Travis Auld anticipates no impact on this weekend's Formula One season-opener at Melbourne's Albert Park from the travel issues caused by the conflict in the Middle East.

India backs Gaza peace plan, Modi tells Israeli Knesset

India backs Gaza peace plan, Modi tells Israeli Knesset

Rediff.com25 Feb 2026

Prime Minister Narendra Modi addressed the Israeli Parliament, reaffirming India's support for Israel in the face of terrorism and expressing support for the Gaza peace initiative.

Qatar halts LNG production amid Iran attack, supply to India disrupted

Qatar halts LNG production amid Iran attack, supply to India disrupted

Rediff.com4 Mar 2026

Qatar has halted liquefied natural gas (LNG) production after its facilities came under attack amid the ongoing West Asia conflict, disrupting supplies to India and squeezing feedstock availability for key domestic sectors.

India's EV Transition On Right Track, But Miles To Go

India's EV Transition On Right Track, But Miles To Go

Rediff.com27 Feb 2026

Government schemes such as the PM E-Drive initiative, with allocations of around Rs 2,000 crore for charging points deployment, are helping accelerate rollout

'India Is A Reverse AI Trade Globally'

'India Is A Reverse AI Trade Globally'

Rediff.com25 Feb 2026

'The day that the market realises that they've overspent (on AI) and there's a sudden collapse in the capex, then India can start outperforming again.'

i-flex brass to join new Oracle business unit

i-flex brass to join new Oracle business unit

Rediff.com2 May 2007

Oracle Corporation, which controls the Mumbai-based i-flex solutions, has decided to bank on the expertise of the latter's management team for its global operations.

593 Crore GST Fraud Unearthed; Mastermind Arrested in Karnataka

593 Crore GST Fraud Unearthed; Mastermind Arrested in Karnataka

Rediff.com28 Feb 2026

The Directorate General of GST Intelligence (DGGI) has uncovered a fake input tax credit racket worth approximately 593 crore in Karnataka, leading to the arrest of the alleged mastermind.

India Makes Lots Of Films, But Lacks Screens

India Makes Lots Of Films, But Lacks Screens

Rediff.com20 Feb 2026

The reason is because there aren't any screens for a large mass of Indians.

Maharashtra govt arranges flights for stranded citizens in UAE

Maharashtra govt arranges flights for stranded citizens in UAE

Rediff.com3 Mar 2026

Amidst the ongoing US-Israel-Iran conflict, the Maharashtra government is arranging evacuation flights to bring home 164 citizens stranded in the UAE due to airspace closures, offering a crucial lifeline and support.

Trump's Pause Gives Iran NOTHING!

Trump's Pause Gives Iran NOTHING!

Rediff.com25 Mar 2026

The pause gives the US time to breathe, to regroup, to move its expeditionary force into position without risk of interception along the way. It gives Iran nothing -- on the ground, attacks against its infrastructure continue apace. Prem Panicker in his must read daily blog on the Gulf War.

9 Most Difficult Exams Across The Globe

9 Most Difficult Exams Across The Globe

Rediff.com20 Feb 2026

Success percentage rates of some of these toughest exams in the world is in single digits

Champions RCB Primed For IPL 2026 with Depth And Firepower

Champions RCB Primed For IPL 2026 with Depth And Firepower

Rediff.com24 Mar 2026

Defending champions RCB head into IPL 2026 with a balanced squad, strong batting core and pace attack, aiming for back-to-back titles after their historic 2025 triumph.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com26 Feb 2026

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

9 Noisiest Cities In The World

9 Noisiest Cities In The World

Rediff.com11 Feb 2026

According to a United Nations Environment Program 2022 report, these nine cities are known for particularly high sound levels.

Modi speaks to Arab leaders as conflict widens

Modi speaks to Arab leaders as conflict widens

Rediff.com3 Mar 2026

Prime Minister Narendra Modi spoke with leaders from Oman, Kuwait, and Qatar, expressing concern over attacks in West Asia and discussing the safety of the Indian community.

Strong demand boosts January sales of automakers

Strong demand boosts January sales of automakers

Rediff.com2 Feb 2026

Leading automakers Maruti Suzuki, Tata Motors, Mahindra & Mahindra, and Hyundai Motor India posted higher sales in January riding on the growth momentum ushered in by the GST reforms in the festive period last year.

'Long live women's Test cricket': Alyssa Healy signs off

'Long live women's Test cricket': Alyssa Healy signs off

Rediff.com8 Mar 2026

Alyssa Healy concluded her international cricket career with a Test victory over India, advocating for the expansion of women's Test cricket.

Waaree Energies, Premier Energies in Focus as US Imposes 126% Duty on Indian Solar Imports

Waaree Energies, Premier Energies in Focus as US Imposes 126% Duty on Indian Solar Imports

Rediff.com25 Feb 2026

Shares of Waaree Energies and Premier Energies are under pressure after the US imposed initial duties on Indian solar imports. The article examines the impact on green energy stocks and market sentiment.

'Don't Quit Your Job To Start a Business'

'Don't Quit Your Job To Start a Business'

Rediff.com7 Oct 2025

Yamuna Kalyani reveals how she battled stereotypes to build UniteAR, an augmented reality platform that helps users create interactive AR experiences for personal and commercial purposes.

India, US to sign interim trade deal in March: Goyal

India, US to sign interim trade deal in March: Goyal

Rediff.com20 Feb 2026

Commerce and Industry Minister Piyush Goyal announced that an interim trade agreement between India and the US is likely to be signed in March and operationalised in April, with chief negotiators meeting in Washington to finalize the details.

India Faces Russian Oil Squeeze After US Deal

India Faces Russian Oil Squeeze After US Deal

Rediff.com12 Feb 2026

Replacing over a third of India's oil imports at competitive rates is going to be a challenge, said traders from State refiners, even though some progress was made in the last two months.

At No 4, VinFast Racing Towards Podium Finish in India EV Market

At No 4, VinFast Racing Towards Podium Finish in India EV Market

Rediff.com9 Feb 2026

Six months after its India debut, the Vietnamese automaker has overtaken established players such as Hyundai Motor, BMW, Kia, and Chinese EV major BYD.

From 18% to 10%: Trump's new global levy brings relief for India

From 18% to 10%: Trump's new global levy brings relief for India

Rediff.com21 Feb 2026

US President Donald Trump announced a new global levy on imported items, resulting in a lower tariff rate for India, following a Supreme Court verdict against his previous sweeping tariffs.

Trump Is Caught Between Two Bad Options

Trump Is Caught Between Two Bad Options

Rediff.com16 Mar 2026

Fight on toward goals that keep receding, or exit with most objectives unmet. Trump is agitated, his poll numbers falling below the Plimsoll line, his base fractured between those who back the war and those who remember that he campaigned on ending them.