News for 'business unit'

Tata Motors CV business pivots to logistics, mobility platforms for resilient growth

Tata Motors CV business pivots to logistics, mobility platforms for resilient growth

Rediff.com24 Jun 2026

Tata Motors' commercial vehicle (CV) business is strategically repositioning itself from a traditional truck manufacturer to a comprehensive logistics and mobility platform, aiming to reduce dependence on cyclical vehicle demand by accelerating growth in digital, international, and services segments.

Business Rivalry Led To Kurukshetra Mining Contractor Attack

Business Rivalry Led To Kurukshetra Mining Contractor Attack

Rediff.com4 Jun 2026

Four individuals, including the alleged mastermind, have been arrested in connection with the attempted murder of mining contractor Sunil Bhatia in Shahabad, Kurukshetra. Police investigations reveal the attack stemmed from a long-standing business rivalry and involved a pre-planned conspiracy with hired assailants who conducted extensive surveillance before shooting Bhatia on May 31.

Trump signs new executive orders on birthright citizenship despite SC setback

Trump signs new executive orders on birthright citizenship despite SC setback

Rediff.com3 days ago

US President Donald Trump has signed two executive orders aimed at cracking down on 'birth tourism' and limiting eligibility for birthright citizenship, weeks after the Supreme Court rejected a similar directive.

M&M's Auto Segment Poised for Near-Term Gains Despite Q1FY27 Margin Contraction

M&M's Auto Segment Poised for Near-Term Gains Despite Q1FY27 Margin Contraction

Rediff.com1 days ago

Mahindra & Mahindra's Q1FY27 results missed consensus estimates due to declining gross margins, but strong demand for its SUV portfolio and strategic price hikes are expected to drive near-term gains, particularly in the auto segment, despite headwinds in farm equipment.

Bajaj Finance's Strong Q1 FY27 Performance Driven by AUM Growth, Digital Initiatives

Bajaj Finance's Strong Q1 FY27 Performance Driven by AUM Growth, Digital Initiatives

Rediff.com15 hours ago

Bajaj Finance reported a strong Q1 FY27 performance with 24 per cent year-on-year AUM growth and a 28 per cent rise in consolidated profit after tax, driven by significant increases in consumer financing, gold loans, and commercial vehicle loans, alongside a strategic focus on digital transformation and AI.

Indian Pharma Bets Beyond US Generics

Indian Pharma Bets Beyond US Generics

Rediff.com26 Jun 2026

Companies are investing heavily in complex injectables, respiratory therapies and biosimilars to improve margins and diversify portfolios.

Bajaj Auto to expand annual capacity to over 9 million vehicles after record Q1 performance

Bajaj Auto to expand annual capacity to over 9 million vehicles after record Q1 performance

Rediff.com22 Jul 2026

Bajaj Auto plans to increase its annual production capacity by nearly 25 per cent, from around 7 million to over 9 million vehicles, in the coming quarters. This expansion is driven by strong export demand and rapid growth in electric vehicles, which have stretched current capacity across key product segments.

25 US states move court against Trump's forced-labour tariffs

25 US states move court against Trump's forced-labour tariffs

Rediff.com6 days ago

A coalition of 25 Democratic-ruled US states has filed a lawsuit against the Trump administration's decision to impose new tariffs on 60 economies, including India. The states contend that these tariffs, ostensibly aimed at combating forced labour, are illegal taxes that will raise costs for consumers and businesses, and were implemented without proper legal justification.

Mahindra & Mahindra's Q1 Profit Jumps 34% to Rs 5,455 Crore

Mahindra & Mahindra's Q1 Profit Jumps 34% to Rs 5,455 Crore

Rediff.com30 Jul 2026

Mahindra & Mahindra (M&M) Ltd reported a significant 34 per cent year-on-year increase in Profit After Tax (PAT) to Rs 5,455 crore for the June quarter, driven by strong performance in its Auto and Farm segments despite challenging macro-economic conditions.

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

Rediff.com3 days ago

'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'

Swiggy's Q1 Net Loss Shrinks 34% Amidst Strong Revenue Growth

Swiggy's Q1 Net Loss Shrinks 34% Amidst Strong Revenue Growth

Rediff.com31 Jul 2026

Food and grocery delivery giant Swiggy has reported a significant narrowing of its net loss in the first quarter, down 34 per cent year-on-year to approximately 791 crore, while revenue from operations surged by 37 per cent to 6,812 crore. The company also achieved contribution margin break-even in its quick commerce segment, Instamart.

TVS Motor's Q1 net profit jumps 57% on record sales, robust demand across segments

TVS Motor's Q1 net profit jumps 57% on record sales, robust demand across segments

Rediff.com22 Jul 2026

TVS Motor Company reported a significant 56.8 per cent year-on-year increase in net profit to 1,036 crore in Q1FY27, driven by record sales volumes, an improved product mix, and robust demand in both domestic and international markets, with management anticipating continued double-digit industry growth.

How China, US Crack Down on Paper Leaks

How China, US Crack Down on Paper Leaks

Rediff.com30 Jul 2026

Beyond imprisonment, candidates caught cheating face cancellation of examination scores, blacklisting under China's social credit system and multi-year bans from appearing in state examinations.

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

Rediff.com30 Jul 2026

Larsen & Toubro (L&T) is investing Rs 5,000 crore over five years to enter the automotive components sector, focusing on electric vehicle (EV) motors, safety systems, and connected-vehicle technologies, aiming to become a Tier-I auto supplier.

'Protest a way of building consensus in a democracy': Bhagwat at Gen Z meet

'Protest a way of building consensus in a democracy': Bhagwat at Gen Z meet

Rediff.com3 days ago

Rashtriya Swayamsevak Sangh chief Mohan Bhagwat on Thursday said protest is a legitimate form of dialogue in a democracy and should be aimed at building consensus rather than creating divisions.

Amazon CEO Andy Jassy unveils massive India qcomm expansion plan

Amazon CEO Andy Jassy unveils massive India qcomm expansion plan

Rediff.com24 Jun 2026

Amazon CEO Andy Jassy has announced a significant expansion of the company's quick commerce business, Amazon Now, to over 300 Indian cities, aiming to build the country's largest delivery-in-minutes network. This move follows a recent USD 35 billion investment commitment by Amazon in India.

Bankipur win gives Prashant Kishor's party a foothold in Bihar

Bankipur win gives Prashant Kishor's party a foothold in Bihar

Rediff.com6 days ago

Political strategist-turned-politician Prashant Kishor's Jan Suraaj Party has secured its first seat in the Bihar Assembly, with Kishor winning the Bankipur bypoll in his electoral debut, stunning the BJP in its long-held bastion.

TCS Partners with Anthropic to Accelerate Enterprise AI Adoption Across Industries

TCS Partners with Anthropic to Accelerate Enterprise AI Adoption Across Industries

Rediff.com11 Jun 2026

Tata Consultancy Services (TCS) has announced a global partnership with AI major Anthropic to help enterprises accelerate their adoption of artificial intelligence, including equipping 50,000 TCS employees with Anthropic's Claude AI models.

Delhi Police Bust Fake RO Filter Manufacturing Unit

Delhi Police Bust Fake RO Filter Manufacturing Unit

Rediff.com1 Jun 2026

Delhi Police busted a factory-cum-godown manufacturing and storing counterfeit RO water purifier filters of leading brands and arrested its owner.

UPI payments to remain free, charges to apply only on...: Govt

UPI payments to remain free, charges to apply only on...: Govt

Rediff.com1 days ago

The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.

Strong Q1 for Eternal, market share gains likely for Blinkit

Strong Q1 for Eternal, market share gains likely for Blinkit

Rediff.com31 Jul 2026

Eternal's quick commerce platform, Blinkit, significantly outperformed in Q1 FY27, with net order value (NOV) rising 19.1 per cent quarter-on-quarter, indicating strong market share gains driven by increased monthly transacting users and transaction frequency.

Dinesh Trivedi's Dhaka Challenge Has Begun

Dinesh Trivedi's Dhaka Challenge Has Begun

Rediff.com2 days ago

Dinesh Trivedi's success or failure in this fragile diplomatic equilibrium will have consequences extending well beyond the Indian high commission in Dhaka. It will shape India's eastern strategic environment for years to come.

RIL beats estimates with record quarterly EBITDA; YoY profit falls

RIL beats estimates with record quarterly EBITDA; YoY profit falls

Rediff.com17 Jul 2026

Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.

TVS Motor overtakes Hero, Honda in total two-wheeler sales for June

TVS Motor overtakes Hero, Honda in total two-wheeler sales for June

Rediff.com3 Jul 2026

TVS Motor Company has emerged as India's largest two-wheeler manufacturer by total sales volume in June 2026, surpassing long-standing leaders Hero MotoCorp and Honda Motorcycle & Scooter India, primarily driven by its strong international business performance.

Can India Become New Power Centre Of Global Chess?

Can India Become New Power Centre Of Global Chess?

Rediff.com1 Aug 2026

'India should hold several high-level chess tournaments that would attract the world's top players so that the country will have a say in the game.'

Indian diamond merchant abducted in Mali; freed after ransom payment

Indian diamond merchant abducted in Mali; freed after ransom payment

Rediff.com26 Jul 2026

An Indian-origin diamond businessman, Dhiru Ramani, abducted in Mali in April, has been freed after his family reportedly paid a 4 million euro ransom. Ramani, originally from Gujarat, remains in Mali for questioning by local authorities.

FIFA Chief Gianni Infantino Faces Leadership Crisis After World Cup Rights U-Turn

FIFA Chief Gianni Infantino Faces Leadership Crisis After World Cup Rights U-Turn

Rediff.com2 Aug 2026

UEFA and CONCACAF say they have lost confidence in FIFA President Gianni Infantino after the governing body withdrew its controversial World Cup rights plan.

Suneil Anand Wanted To Remake Guide

Suneil Anand Wanted To Remake Guide

Rediff.com29 Jul 2026

'Guide is my dad's most beloved film. It's also the film closest to his fans' heart.' 'The film's theme is timeless, so we felt it was the right thing to do.'

Why Is BMW Losing Profit Even After Selling More Cars?

Why Is BMW Losing Profit Even After Selling More Cars?

Rediff.com17 Jul 2026

BMW Group India says every Re 1 depreciation in the rupee against the euro trims its profit margin by about 1 per cent, prompting the company to consider further price increases.

Maruti Brezza Targets First-Time SUV Buyers

Maruti Brezza Targets First-Time SUV Buyers

Rediff.com24 Jul 2026

The refreshed Brezza will target first-time, replacement and additional-car buyers as Maruti responds to changing preferences and intensifying competition in compact SUVs.

L&T Finance posts strong Q1FY27 results, eyes AI-led growth and gold loan expansion

L&T Finance posts strong Q1FY27 results, eyes AI-led growth and gold loan expansion

Rediff.com23 Jul 2026

L&T Finance reported a robust Q1FY27 with net profit growing 29% year-on-year to 900 crore, driven by strong asset growth and strategic initiatives including accelerating cross-selling, improving productivity, and fostering a technology-first, AI-led culture, alongside significant expansion in gold loans.

TVS, Bajaj, Hero, Ather Drive 96% of India's E2W Growth in H1 2026

TVS, Bajaj, Hero, Ather Drive 96% of India's E2W Growth in H1 2026

Rediff.com15 Jul 2026

India's electric two-wheeler (e2W) market is consolidating, with established manufacturers TVS Motor, Bajaj Auto, and Hero MotoCorp, alongside EV specialist Ather Energy, driving nearly 96% of incremental registrations in the first half of 2026, while former market leader Ola Electric experienced a significant decline in registrations.

Pro-CJP protests in Mumbai, Sena-UBT says FIRs being filed

Pro-CJP protests in Mumbai, Sena-UBT says FIRs being filed

Rediff.com21 Jul 2026

Mumbai witnessed a second consecutive day of protests by Opposition parties and residents, demanding the resignation of Union Education Minister Dharmendra Pradhan over the NEET fiasco and condemning the police crackdown on a CJP-led march in Delhi.

Q1 Earnings, West Asia Tensions, Crude Oil to Drive Market Movement This Week

Q1 Earnings, West Asia Tensions, Crude Oil to Drive Market Movement This Week

Rediff.com19 Jul 2026

Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.

The H-1 B Visa and the Fading American Dream

The H-1 B Visa and the Fading American Dream

Rediff.com8 Jul 2026

The H-1B visa once symbolised the American Dream for Indians, but today's students are increasingly asking whether they need America at all. In 1995, the question was: How do I get to America? In 2026, it may be: Do I need to?

Andhra Covid Deaths Trigger Southern Alert

Andhra Covid Deaths Trigger Southern Alert

Rediff.com15 Jul 2026

'There is no need for panic as there is widespread protective immune memory in the population from vaccination as well as prior infections.'

India's Services Sector Growth Hits 17-Month Low Amidst Softer Domestic Demand

India's Services Sector Growth Hits 17-Month Low Amidst Softer Domestic Demand

Rediff.com3 Jul 2026

India's services sector growth experienced a significant slowdown in June, reaching a 17-month low due to challenging market conditions and reduced domestic client interest, as indicated by the HSBC India Services PMI Business Activity Index.

After Trent, Noel Tata to step down as Voltas chairman

After Trent, Noel Tata to step down as Voltas chairman

Rediff.com30 Jun 2026

Noel Tata, a veteran of the Tata group, announced his decision to step down as the chairman of Voltas, following a similar move at Trent, citing the development of a new generation of leaders within the company.

'Why Have The Number Of Jobs Created Fallen?'

'Why Have The Number Of Jobs Created Fallen?'

Rediff.com27 Jul 2026

'We have to pull 80 million workers out of agriculture and go back to where we were in 2014. That itself is going to be a huge task.' 'We have already lost time, and that is a catastrophe impending.''

Why Indians Thrive Overseas

Why Indians Thrive Overseas

Rediff.com13 Jul 2026

India too can rise to the top if the 1.4 billion Indians back home are given better opportunities to use their innate talent and capacity to work hard, with right incentives in a more meritocratic rules-based system, asserts Ajay Chhibber.