News for 'business-standard'

AI 171 Crash: Insurance Cost: $475 Million

AI 171 Crash: Insurance Cost: $475 Million

Rediff.com1 Jul 2025

'$125 million for the hull and the remaining of over $350 million for liability.'

IPOs mark a new era for India's hospitality industry with scale, ambition

IPOs mark a new era for India's hospitality industry with scale, ambition

Rediff.com15 Jul 2025

India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.

Amid global layoff, Google may rejig roles in Bengaluru, Hyderabad offices

Amid global layoff, Google may rejig roles in Bengaluru, Hyderabad offices

Rediff.com28 Apr 2025

Google is likely to rejig the roles of some of the engineering talent from its Hyderabad and Bengaluru offices and move some of its employees to more revenue-generating projects instead of letting them go for now, sources told Business Standard.

'Competition in India is Absolutely Fierce': Uber GM

'Competition in India is Absolutely Fierce': Uber GM

Rediff.com17 Jul 2025

'Unless we consistently show up with the right cars, at the right time, priced fairly, we risk becoming irrelevant very quickly.'

Bike Taxis Go Off Roads in Karnataka

Bike Taxis Go Off Roads in Karnataka

Rediff.com27 Jun 2025

Bike-taxi drivers are also left stranded as many depended on the service.

HDFC Bank to pursue legal remedies against Mehta family of Lilavati Trust

HDFC Bank to pursue legal remedies against Mehta family of Lilavati Trust

Rediff.com9 Jun 2025

HDFC Bank on Sunday said that it will "pursue all lawful remedies" to recover public funds and address the retaliatory actions taken by the Mehta family of the Lilavati Kirtilal Mehta Medical (LKMM) Trust, which has filed a complaint against the bank's managing director (MD) & chief executive officer (CEO) Sashidhar Jagdishan alleging financial fraud.

'UCO Bank's strategy is to raise capital in tranches'

'UCO Bank's strategy is to raise capital in tranches'

Rediff.com27 Jun 2025

'Raising the entire amount in one go may not be prudent, given the market dynamics.'

How Infosys Plans To Become AI-First Company

How Infosys Plans To Become AI-First Company

Rediff.com1 Jul 2025

'We have been following the micro-change philosophy, where every six weeks we implement these AI features into our internal systems, products, platforms and then release it to our employees.'

'Keeladi Could Be Older Than Indus Valley'

'Keeladi Could Be Older Than Indus Valley'

Rediff.com3 Jul 2025

'There is no doubt about the antiquity of Tamil Nadu.'

Big Tech May Miss Out on IndiaAI Mission Support

Big Tech May Miss Out on IndiaAI Mission Support

Rediff.com12 Jun 2025

'Taxpayers' money cannot be given to these companies which can access the market and buy GPUs at a competitive price from any vendor.'

SC Judges Prefer Safe Investments...

SC Judges Prefer Safe Investments...

Rediff.com29 May 2025

The Supreme Court judges' filings revealed a generally conservative financial ethos, emphasising stability and long-term savings.

Ultraviolette Unveils 2 e-bikes in Paris, opens gateway to EU

Ultraviolette Unveils 2 e-bikes in Paris, opens gateway to EU

Rediff.com19 Jun 2025

The company is targeting countries like Germany, Italy, France, Spain, Portugal, and the UK which account for over 70 per cent of Europe's two-wheeler volumes.

India's First Gene-Edited Sheep Unveiled

India's First Gene-Edited Sheep Unveiled

Rediff.com28 May 2025

The edited sheep contains no foreign DNA, distinguishing it from transgenic organisms and paving the way for regulatory approval under India's evolving biotech policy framework.

'Auto industry has resilience to tackle rare earth issue'

'Auto industry has resilience to tackle rare earth issue'

Rediff.com27 Jun 2025

'The government is actively engaging with EU to ensure that concerns of Indian companies and hard-to-abate sectors are adequately addressed under CBAM'

'The demand for health insurance is fine'

'The demand for health insurance is fine'

Rediff.com22 Jun 2025

'The retail industry is still growing in double digits.'

Tesla Gears Up in Kurla

Tesla Gears Up in Kurla

Rediff.com4 Jun 2025

Tesla's official entry into the Indian market is expected in the final quarter of the current financial year.

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.

'We're the largest gig worker employer in country'

'We're the largest gig worker employer in country'

Rediff.com25 Jun 2025

'Today, we have 2 million active drivers earning through our platform every month.'

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Rediff.com20 Jun 2025

Amazon will invest more than Rs 2,000 crore (about $233 million) in India in 2025 as it strengthens its logistics and safety standards, said the ecommerce company on Thursday.

WhatsApp brings ads to Channels, Status features

WhatsApp brings ads to Channels, Status features

Rediff.com17 Jun 2025

After the success of bringing businesses to WhatsApp, Meta - its parent - is now introducing ads and subscriptions to Status and Channels under the Updates tab of the messaging app, the company said on Monday. This move will further push its monetisation efforts on WhatsApp.

Bank Deposit Insurance May Be Hiked From 5 Lakh To...

Bank Deposit Insurance May Be Hiked From 5 Lakh To...

Rediff.com2 Jun 2025

The revised ceiling will be within the Rs 10 lakh mark.

Liverpool Univ to Open Bengaluru Campus

Liverpool Univ to Open Bengaluru Campus

Rediff.com27 May 2025

Initially, we will look to take a small batch of a few hundred students, with a plan to increase this to 5,000 students in the next five years, and eventually 10,000 by 2036.'

'Pressure On Dollar May Continue In Near Term'

'Pressure On Dollar May Continue In Near Term'

Rediff.com12 Jun 2025

'Many global investors have been overweight on dollar assets, so some diversification or hedging is naturally expected.'

Crash Puts Spotlight On DGCA Warnings To Air India

Crash Puts Spotlight On DGCA Warnings To Air India

Rediff.com20 Jun 2025

The DGCA has issued multiple fines and warnings to Air India over the past three years, flagging serious concerns in flight operations, cockpit discipline, and internal accountability.

'Scope for a further rate cut in this cycle itself, if...'

'Scope for a further rate cut in this cycle itself, if...'

Rediff.com4 Jul 2025

'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'

'Bharti AXA's First Goal Is To Achieve 3x Revenue'

'Bharti AXA's First Goal Is To Achieve 3x Revenue'

Rediff.com11 Jun 2025

'Our new business premium is around Rs 700 crore, which we want to take to Rs 2,000 crore.'

'Federal Bank Has To Now Play Test Matches'

'Federal Bank Has To Now Play Test Matches'

Rediff.com21 Jun 2025

'The brand, the team, and the people have to make the transition from playing league matches to Test matches.'

Stealth Fighter Test Flight Scheduled For 2028

Stealth Fighter Test Flight Scheduled For 2028

Rediff.com28 May 2025

Private and public defence players can bid to participate in the stealth fighter development programme independently, as a joint venture, or as consortia.

'Our goal is to make India 50% of overall biz'

'Our goal is to make India 50% of overall biz'

Rediff.com15 Jun 2025

'India is a very strategic geography. The business is growing over 37-38 per cent year-on-year.'

'Two Quarters Canara Bank's NIMs To Be Under Pressure'

'Two Quarters Canara Bank's NIMs To Be Under Pressure'

Rediff.com2 Jun 2025

'Afterwards, some improvement is expected.'

Bangladesh Unrest Hits India's Medical Tourism

Bangladesh Unrest Hits India's Medical Tourism

Rediff.com12 Jun 2025

Revenues from Bangladeshi patients have declined by 30% to 35% in 2024-2025. Bangladesh typically accounts for 70% to 75% of all medical visas issued by India.

After Covid, management buyouts have seen an uptick

After Covid, management buyouts have seen an uptick

Rediff.com27 May 2025

There have been more instances of a management team buying out the owners of a company after the pandemic. There are eight such transactions, called management buyouts (MBOs), in the five years ending 2024, according to data from tracker LSEG shared with Business Standard.

'My Job Is To Be A Facilitator'

'My Job Is To Be A Facilitator'

Rediff.com23 Jun 2025

'My job is to provide people with a bouquet of options they can choose from.'

'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.'

'If The Checks Find Anything Even Slightly Off...'

'If The Checks Find Anything Even Slightly Off...'

Rediff.com18 Jun 2025

'...rectification has to happen then and there, and that takes additional time.'

'India to have 50% of Swiss Re's global tech talent'

'India to have 50% of Swiss Re's global tech talent'

Rediff.com29 May 2025

'This means that there will be more than 1,000 tech talent in India over the next 12-18 months.'

'Rein In Terrorism Or Face India's Military Strikes'

'Rein In Terrorism Or Face India's Military Strikes'

Rediff.com29 May 2025

'With a military-led strategy to counter terrorism emanating from Pakistan, India has clearly signalled that it would respond decisively to future terrorist threats.'

'Bank Of Baroda Is Well Capitalised'

'Bank Of Baroda Is Well Capitalised'

Rediff.com24 May 2025

'Bank has enabling provision to raise capital up to Rs 7,500 crore over a longer period of time.'

'India may become biggest natural diamond market'

'India may become biggest natural diamond market'

Rediff.com4 Jun 2025

'That combination of a rising economy, a growing middle class, and a deepening love of diamonds and jewellery is what we see really doubling the market for diamonds over the next five years.'

The little-known BluSmart founder

The little-known BluSmart founder

Rediff.com1 May 2025

As the Jaggi brothers - Anmol Singh Jaggi and Puneet Singh Jaggi - find themselves at the heart of the financial mismanagement in the Gensol-BluSmart saga, attention on the third BluSmart co-founder, Punit K Goyal, has taken a notably different turn.