News for 'business'

Markets await clarity on Jio IPO plans, AI, data centre strategies

Markets await clarity on Jio IPO plans, AI, data centre strategies

Rediff.com18 Jun 2026

Investors are keenly awaiting clarity on Reliance Jio Infocomm's IPO, the company's AI and data centre strategies, and next-generation leadership structure at Reliance Industries Ltd's (RIL's) 49th annual general meeting (AGM).

Ab Hoga Hisaab Review: Muddled Revenge Drama

Ab Hoga Hisaab Review: Muddled Revenge Drama

Rediff.com18 Jun 2026

Dive into the chaotic world of Ab Hoga Hisaab, a revenge drama that attempts to weave a complex narrative of crime and retribution but often loses its way amidst a multitude of bizarre subplots, notes Deepa Gahlot.

Indian Pharma Firms Deepen US Investment in Specialty Drugs Amidst Generic Pressure

Indian Pharma Firms Deepen US Investment in Specialty Drugs Amidst Generic Pressure

Rediff.com2 Jun 2026

Indian pharmaceutical companies are strategically increasing investments in the US market, focusing on specialty drugs, complex generics, respiratory products, and local manufacturing, despite a nearly 10 per cent fall in exports to the US in FY26 due to pricing pressure and competition in traditional generics.

Protection products fuel double-digit VNB growth for major life insurers

Protection products fuel double-digit VNB growth for major life insurers

Rediff.com3 Jun 2026

Major life insurers in India reported close to double-digit growth in the value of new business (VNB) last financial year, primarily driven by increased sales of high-margin protection and non-participating (non-par) products.

India's Defence Output Hits New High

India's Defence Output Hits New High

Rediff.com18 Jun 2026

'The share of the private sector is at its all-time high of around Rs 42,000 crore in FY26, reflecting its expanding role in the defence ecosystem.'

Reliance Infra seeks review of surveillance framework linked to IBC

Reliance Infra seeks review of surveillance framework linked to IBC

Rediff.com8 Jun 2026

Reliance Infrastructure (Reliance Infra) has submitted a representation to Sebi, NSE, and BSE, seeking a review of the Additional Surveillance Measure (ASM) framework and related trading restrictions on its shares, arguing they adversely impact its 700,000+ public shareholders and hinder fair price discovery.

Three Militants Arrested For Extortion In Manipur

Three Militants Arrested For Extortion In Manipur

Rediff.com2 Jun 2026

Police in Manipur have arrested three militants from different proscribed organisations on charges of extortion. The militants were allegedly involved in threatening locals and small businesses to demand money.

How the Jan Vishwas Bill Aims to Boost Ease of Business

How the Jan Vishwas Bill Aims to Boost Ease of Business

Rediff.com3 Apr 2026

The Jan Vishwas (Amendment of Provisions) Bill, 2026, has been passed by the Indian Parliament, decriminalising minor offences across 79 central laws to improve the business environment and reduce harassment. Ministers highlight the bill's role in promoting trust-based governance and ease of doing business.

Born with a diamond spoon: Lalit Modi defends luxury life

Born with a diamond spoon: Lalit Modi defends luxury life

Rediff.com4 Jun 2026

Former IPL Commissioner Lalit Modi, who claims that there is no wrongdoing by him in the legal cases faced by him in India, has said that he was born with "a diamond spoon", has a kingsize lifestyle, travels everywhere and that "Rs 10-12 crore" may not last with him a week.

Amid 'Operation Tiger' buzz, Uddhav convenes his LS MPs; all 9 attend

Amid 'Operation Tiger' buzz, Uddhav convenes his LS MPs; all 9 attend

Rediff.com14 Jun 2026

Amid intense speculation that some Shiv Sena-Uddhav Balasaheb Thackeray MPs might switch sides, party chief Uddhav Thackeray on Sunday held a meeting of his faction's Lok Sabha MPs, which all nine lawmakers attended either virtually or in person.

Sarvam AI becomes unicorn with $234 million Series B funding, HCLTech acquires 10.46% stake

Sarvam AI becomes unicorn with $234 million Series B funding, HCLTech acquires 10.46% stake

Rediff.com16 Jun 2026

Sarvam AI, an Indian full-stack sovereign artificial intelligence company, has achieved unicorn status after raising $234 million in a Series B funding round led by HCLTech and Bessemer Venture Partners, with HCLTech acquiring a 10.46 per cent stake.

International flights to start from Navi Mumbai airport from July 15

International flights to start from Navi Mumbai airport from July 15

Rediff.com18 Jun 2026

The Adani Group-owned Navi Mumbai International Airport is slated to commence international passenger and freighter operations from July 15. This marks a significant expansion for the airport, which began domestic services last December. Air India Express and IndiGo are expected to operate international flights, with customs readiness reviews already completed. The airport anticipates a substantial increase in daily passenger footfall and air traffic movements by the year-end.

JSW Motors to roll out 15 new-energy vehicles in India by 2027, targeting premium segment

JSW Motors to roll out 15 new-energy vehicles in India by 2027, targeting premium segment

Rediff.com12 Jun 2026

JSW Motors, part of the JSW group, is set to enter India's passenger vehicle market with plans to launch 15 new-energy vehicles (NEVs) over the next four years, with deliveries commencing from December 2026.

Gaganjeet Bhullar Finishes Top Indian At International Series Morocco

Gaganjeet Bhullar Finishes Top Indian At International Series Morocco

Rediff.com15 Jun 2026

Gaganjeet Bhullar was the top-performing Indian golfer at the International Series Morocco, finishing tied 31st. While other Indian players struggled, Bhullar showcased consistency. Hong Kong's Taichi Kho won the tournament, securing his second Asian Tour victory and boosting his rankings.

Gaganjeet Bhullar Finishes Top Indian At International Series Morocco

Gaganjeet Bhullar Finishes Top Indian At International Series Morocco

Rediff.com15 Jun 2026

Gaganjeet Bhullar was the top-performing Indian golfer at the International Series Morocco, finishing tied 31st. While other Indian players struggled, Bhullar showcased consistency. Hong Kong's Taichi Kho won the tournament, securing his second Asian Tour victory and boosting his rankings.

Trump Is Coming For Immigrant Brothers, Sisters, Aunties, Uncles...

Trump Is Coming For Immigrant Brothers, Sisters, Aunties, Uncles...

Rediff.com13 Jun 2026

Immigrants' contribution to the US economy is disproportionate to their share of the population, meaning that losing them would shrink the economy even more than losing a random group of Americans, points out Sree Sreenivasan.

'When You Empower A Woman, You Empower A Family'

'When You Empower A Woman, You Empower A Family'

Rediff.com17 Jun 2026

'You empower a man, you are not necessarily empowering a family, you are just empowering him.'

Tamil Nadu Debt Nearly Doubles to 10 Trillion in Five Years

Tamil Nadu Debt Nearly Doubles to 10 Trillion in Five Years

Rediff.com18 Jun 2026

A new white paper released by the Tamilaga Vettri Kazhagam (TVK) government reveals that Tamil Nadu's direct debt has nearly doubled to an alarming 10 trillion in the past five years, exposing significant fiscal strain and a substantial debt burden on every citizen.

Manufacturing Sector Sees Strong Growth in May, Driven by Domestic Demand and Infrastructure

Manufacturing Sector Sees Strong Growth in May, Driven by Domestic Demand and Infrastructure

Rediff.com1 Jun 2026

India's manufacturing sector activity reached a three-month high in May, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 55.0, driven by robust domestic demand, infrastructure projects, and new business gains despite ongoing inflationary pressures.

Neeraj Chopra reflects on injury-blighted Tokyo World Championships campaign

Neeraj Chopra reflects on injury-blighted Tokyo World Championships campaign

Rediff.com18 Jun 2026

Competing at last year's World Championships with a back injury was not a good decision, conceded seasoned Indian javelin thrower Neeraj Chopra before assuring that he "feels fit" as he gears up for a delayed start to his season at the Doha Diamond League on Friday.

This Simple Habit Will Help You Score 99%ile In CAT 2026

This Simple Habit Will Help You Score 99%ile In CAT 2026

Rediff.com10 Jun 2026

CAT and MBA expert and rediffGURU Patrick D'Souza explains how a simple daily reading habit can help aspirants clinch 99 percentile in the Common Admission Test this year.

RIL to build Meta's first AI data centre in India

RIL to build Meta's first AI data centre in India

Rediff.com11 Jun 2026

Meta has partnered with Reliance Industries Ltd (RIL) to construct its first AI-powered data centre in India, a 168-megawatt facility located in Jamnagar, marking a significant milestone in Meta's global infrastructure expansion and deepening its strategic partnership with Reliance.

Mercedes open to expanding plug-in hybrids for more models

Mercedes open to expanding plug-in hybrids for more models

Rediff.com18 Jun 2026

Mercedes-Benz India is exploring a larger role for plug-in hybrid electric vehicles (PHEVs) in its portfolio, with plans to potentially introduce the technology in more models beyond the newly launched S-Class plug-in hybrid. This strategy aims to cater to luxury car buyers who are hesitant about fully electric vehicles due to concerns over charging infrastructure and range.

Bill Introduced to Promote Ease of Business and Living

Bill Introduced to Promote Ease of Business and Living

Rediff.com27 Mar 2026

The government has introduced a bill in the Lok Sabha to amend provisions for decriminalising minor offences, aiming to promote ease of doing business and living.

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Rediff.com2 Jun 2026

Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.

India Inc payout to shareholders grows slower than profit for third straight year

India Inc payout to shareholders grows slower than profit for third straight year

Rediff.com17 Jun 2026

Shareholder payouts by India Inc, including dividends and buybacks, increased by 2.2 per cent year-on-year in FY26 to $5.06 trillion, but this growth lagged the 18.8 per cent rise in reported net profit for the third consecutive year, leading to the lowest dividend payout ratio in 12 years.

Cognizant CEO Warns Of AI Spending Trap

Cognizant CEO Warns Of AI Spending Trap

Rediff.com15 Jun 2026

'There's been a sense of FOMO, fear mongering and that has led to token consumption without linkages to ROI and without linkages to outcomes.'

Three Arrested After Women Assaulted In Kochi

Three Arrested After Women Assaulted In Kochi

Rediff.com2 Jun 2026

Police in Kochi have arrested three men for allegedly assaulting two women in the Kaloor area. The incident occurred early Tuesday morning when the women were out for tea. Authorities are searching for other individuals involved, including women who were part of the larger group.

Watch Shreya Ghoshal Sing Kabhi Kissi Se Maafi Maang Lo

Watch Shreya Ghoshal Sing Kabhi Kissi Se Maafi Maang Lo

Rediff.com16 Jun 2026

From Arshad Warsi's anecdotes about the father-son duo Rajkumar Hirani and Vir Hirani to Vikrant Massey's excitement over playing an unconventional villain to a lovely Shreya Ghosal performance, Pritam And Pedro's trailer launch had it all.

HDFC Bank's Q4 Profit Jumps 8%, Cautions on West Asia Conflict for Small Businesses

HDFC Bank's Q4 Profit Jumps 8%, Cautions on West Asia Conflict for Small Businesses

Rediff.com18 Apr 2026

HDFC Bank reported an 8.04 per cent increase in its March quarter consolidated net profit to Rs 20,350.76 crore, but highlighted potential near-term risks for small-business borrowers due to the West Asia conflict. The bank's CEO also addressed the recent resignation of its non-executive chairman and hinted at a potential top-level reorganisation.

How TCS's New Oracle AI Lab Will Drive Data Transformation

How TCS's New Oracle AI Lab Will Drive Data Transformation

Rediff.com12 Jun 2026

Tata Consultancy Services (TCS) has launched India's first Oracle AI Data Platform Lab and Centre of Excellence (CoE) in Kolkata, in collaboration with Oracle. This facility aims to help enterprises accelerate the adoption of artificial intelligence and data-driven transformation by addressing challenges like fragmented data and limited AI scalability. The lab will leverage Oracle's AI Data Platform and TCS plans to expand similar CoEs to four more Indian cities.

Goodbye, Shastri Bhawan

Goodbye, Shastri Bhawan

Rediff.com13 Jun 2026

As Shastri Bhawan nears demolition, one of Delhi's most iconic government buildings leaves behind six decades of stories, power, journalism and public life.

Delhi hotel fire: Key accused Jay Mishra surrenders to court

Delhi hotel fire: Key accused Jay Mishra surrenders to court

Rediff.com8 Jun 2026

Jay Mishra, a key accused and associate of the owner in the south Delhi hotel fire that killed 22 people, has surrendered to a court. Mishra is implicated in the hotel's operations and lack of security, with the police probe widening to examine his and the owner's roles in the tragedy.

Starlink in 'Productive Discussions' with India, Awaits Final Clearance

Starlink in 'Productive Discussions' with India, Awaits Final Clearance

Rediff.com10 Jun 2026

Elon Musk's Starlink is in "active and productive discussions" with the Indian government, awaiting final regulatory clearance, including spectrum allocation, to launch its satellite internet services, despite media reports suggesting a freeze on approvals.

Decentro Secures Key Licence For Global Payment Services

Decentro Secures Key Licence For Global Payment Services

Rediff.com1 Jun 2026

Fintech platform Decentro has received final approval for a Payment Service Provider (PSP) licence from the IFSCA at GIFT City, enhancing its cross-border payment capabilities.

Trump turns 80, hosts UFC fight night at White House

Trump turns 80, hosts UFC fight night at White House

Rediff.com14 Jun 2026

The White House on Sunday is witnessing a "fight night" in an octagon-shaped cage as the Ultimate Fighting Championship (UFC) fighters slug it out in the marquee event on the South Lawn on a day President Donald Trump turned 80.

ED summons Pinarayi Vijayan's daughter for questioning

ED summons Pinarayi Vijayan's daughter for questioning

Rediff.com9 Jun 2026

The investigation pertains to alleged irregularities in CMRL's financial transactions and its links with Veena's now-defunct company Exalogic Solutions Private Limited.

Noida International Airport takes flight, IndiGo makes inaugural landing

Noida International Airport takes flight, IndiGo makes inaugural landing

Rediff.com15 Jun 2026

Noida International Airport has officially commenced flight operations with an IndiGo flight from Lucknow making the inaugural landing, followed by a takeoff to Lucknow, carrying 172 villagers whose land was acquired for the project.

Govt Clears Cancer Drug Price Hike

Govt Clears Cancer Drug Price Hike

Rediff.com11 Jun 2026

'While higher prices may create some financial burden for patients and caregivers in the short term, uninterrupted access to treatment remains the greater priority.'

Shopkeeper Killed By Unidentified Assailants In Ferozepur

Shopkeeper Killed By Unidentified Assailants In Ferozepur

Rediff.com1 Jun 2026

A shopkeeper was shot dead by two unidentified attackers in Makhu town, Ferozepur district, Punjab. Police have launched an investigation and are examining CCTV footage to determine the motive.