News for 'business'

How Adidas Is Winning The World Cup Brand War Against Nike

How Adidas Is Winning The World Cup Brand War Against Nike

Rediff.com4 days ago

Early data from the World Cup indicates that sportswear giant Adidas is currently gaining a significant advantage over rival Nike in brand visibility and sales. Adidas, an official sponsor, is seeing a substantial surge in apparel spending and foot traffic, particularly driven by jersey sales. While Nike's business is also growing, it is being outpaced by Adidas, which appears to have a more resonant product offering. Nike, facing declining market share and intense competition, is relying on the World Cup for a boost, though its footwear presence remains strong.

The Ranchi Student Who Scored 500/500 In CBSE Class 12

The Ranchi Student Who Scored 500/500 In CBSE Class 12

Rediff.com7 days ago

'When my results were out on May 13, I got 95.2 per cent in aggregate. My family members were satisfied with the marks, but I was not," says Ranchi's Avni Kejriwal who, after re-evaluation, scored a perfect 100 per cent in her CBSE class 12 commerce examination.

How India's AI Job Market Is Evolving Beyond Experimentation

How India's AI Job Market Is Evolving Beyond Experimentation

Rediff.com17 Jun 2026

A new report reveals a significant shift in India's AI hiring landscape, moving from experimental roles to those focused on deployment, integration, and scaling of AI solutions. Employers, including GCCs, IT services, and enterprises, are increasingly seeking professionals who can implement AI across core business operations, leading to a demand for core AI roles that currently outstrips the available supply.

Father's Day: 'I Work Odd Hours, But I Still Show Up'

Father's Day: 'I Work Odd Hours, But I Still Show Up'

Rediff.com21 Jun 2026

For Valerian Vincent, who works a night shift for a US-based company, fatherhood means squeezing playtime, learning and love into the few precious hours he gets with his one-and-a-half-year-old son.

Devika Sihag, Rounak Chouhan, Kidambi Srikanth Reach US Open Semifinals

Devika Sihag, Rounak Chouhan, Kidambi Srikanth Reach US Open Semifinals

Rediff.com3 days ago

Indian badminton players Devika Sihag, Rounak Chouhan, and Kidambi Srikanth have advanced to the semifinals of the US Open badminton tournament in Fullerton, USA. Sihag caused an upset by defeating third seed Riko Gunji, while Chouhan continued his strong performance. Srikanth's win sets up the possibility of an all-Indian final.

Sinner, Djokovic Advance To Second Round At Wimbledon

Sinner, Djokovic Advance To Second Round At Wimbledon

Rediff.com4 hours ago

World number one Jannik Sinner survived an early scare in his Wimbledon title defence but the Italian shook off the rust and fought past Serb Miomir Kecmanovic 4-6, 6-3, 6-7(6), 6-2, 6-3 on Monday to reach the second round.

Congress leader seeks privilege move against Rajnath over Operation Sindoor casualties

Congress leader seeks privilege move against Rajnath over Operation Sindoor casualties

Rediff.com13 minutes ago

Congress leader K C Venugopal has written to Lok Sabha Speaker Om Birla, demanding privilege proceedings against Defence Minister Rajnath Singh for allegedly "misleading" Parliament regarding Indian soldier casualties post the Pahalgam terror attack and during Operation Sindoor.

RIL shares jump as Jio Platforms files for India's largest IPO

RIL shares jump as Jio Platforms files for India's largest IPO

Rediff.com22 Jun 2026

Shares of Reliance Industries climbed nearly 3 per cent after its digital unit, Jio Platforms, filed draft papers for what could become India's largest-ever initial public offering, with the offering potentially raising around Rs 37,700 crore (USD 4 billion).

GST @ 10: Focus Shifts To AI-Led Compliance, Faster Refunds, Simpler Tax

GST @ 10: Focus Shifts To AI-Led Compliance, Faster Refunds, Simpler Tax

Rediff.com2 days ago

As India marks a decade of the Goods and Services Tax (GST), the focus is shifting towards enhancing efficiency through artificial intelligence, data sharing, and process simplification. The reform, which unified India's indirect tax system, has significantly broadened the tax base and boosted revenues, with future plans including a streamlined two-tier rate structure and continued technological integration to reduce compliance costs and combat evasion.

Major Muharram tragedy averted in Mumbai as man held with 15K rat poison capsules

Major Muharram tragedy averted in Mumbai as man held with 15K rat poison capsules

Rediff.com2 days ago

A man was apprehended in Mumbai for distributing suspicious tablets during a procession. One person who consumed a pill experienced adverse symptoms like vomiting and discomfort, though they are now out of danger. Police have registered a case under Bharatiya Nyaya Sanhita section 123, and further investigation is ongoing.

Wipro Boosts Enterprise AI With New Applied AI Centre

Wipro Boosts Enterprise AI With New Applied AI Centre

Rediff.com16 Jun 2026

IT services giant Wipro has launched an Applied AI Centre of Excellence (CoE) in Bengaluru, focusing on Anthropic's Claude models. This initiative aims to accelerate enterprise AI adoption, train 10,000 experts, and integrate AI into core business workflows and Wipro's internal operations.

RBI Proposes AI Risk Management Framework

RBI Proposes AI Risk Management Framework

Rediff.com5 days ago

Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.

Maharashtra TET 2026 exam postponed day before test over paper leak

Maharashtra TET 2026 exam postponed day before test over paper leak

Rediff.com2 days ago

The Teacher Eligibility Test (TET) 2026 in Maharashtra has been postponed following a raid in Bhiwandi, Thane, where individuals were found with questions matching the actual exam paper. The Maharashtra State Council of Examination (MSCE) confirmed the breach and initiated a thorough investigation, registering a criminal case. The postponement aims to ensure transparency and allow law enforcement to probe the malpractice racket.

India may seek sunset clause in US trade pact

India may seek sunset clause in US trade pact

Rediff.com1 days ago

India may press for an automatic review mechanism in its proposed interim trade deal with the United States (US), mirroring a sunset clause introduced by the European Parliament in its trade agreement with Washington, people aware of the negotiations said. The European Parliament last week approved the EU-US trade deal but inserted a sunset clause requiring the arrangement to expire on December 31, 2029, unless both sides agree to extend it.

Chouhan, Srikanth, Devika Advance To US Open Semifinals

Chouhan, Srikanth, Devika Advance To US Open Semifinals

Rediff.com2 days ago

Young Indian shuttler Rounak Chouhan continued his impressive run at the US Open badminton tournament, defeating Misha Zilberman to reach his first BWF World Tour Super 300 semifinal. Devika Sihag also advanced by upsetting third seed Riko Gunji, and former world No. 1 Kidambi Srikanth secured his spot in the semifinals, raising hopes for an all-India final.

How India Is Becoming A Global Leader In Enterprise AI Adoption

How India Is Becoming A Global Leader In Enterprise AI Adoption

Rediff.com12 Jun 2026

A SAP study reveals that Indian enterprises are rapidly moving from AI experimentation to value-driven implementation, positioning India as a global leader in enterprise AI adoption. Indian organisations plan significant investments in AI, with projected fivefold growth in Agentic AI returns and a high percentage of businesses having defined AI strategies and dedicated AI leaders.

Assam Police Foil Terror Plot

Assam Police Foil Terror Plot

Rediff.com2 days ago

Police say timely operation prevented a possible mass-casualty attack.

Vedanta Aluminium Metal set to be top performer post-demerger

Vedanta Aluminium Metal set to be top performer post-demerger

Rediff.com6 days ago

The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.

How To Choose A Retail Algo

How To Choose A Retail Algo

Rediff.com7 days ago

Algo strategies must be registered with stock exchanges.

Why Amitabh Bachchan Is Getting Sleepless Nights

Why Amitabh Bachchan Is Getting Sleepless Nights

Rediff.com19 Jun 2026

'I have not been able to sleep because of these thoughts, and before I knew it, it was morning.'

Jamco Interiors Establishes New Engineering Hub In Pune

Jamco Interiors Establishes New Engineering Hub In Pune

Rediff.com7 days ago

Jamco Interiors, a global supplier of aircraft cabin systems, has opened a Centre of Excellence (COE) in Pune. This strategic move aims to meet the increasing demand for advanced cabin interiors in India's rapidly growing commercial aviation market and leverage local engineering talent for global aerospace programmes.

Reliance Retail to build manufacturing, export platforms for next phase of growth: Mukesh Ambani

Reliance Retail to build manufacturing, export platforms for next phase of growth: Mukesh Ambani

Rediff.com19 Jun 2026

Reliance Industries Ltd (RIL) is preparing for its next phase of growth by establishing advanced manufacturing and export platforms to strengthen its consumer products ecosystem and expand its global footprint, Chairman and MD Mukesh Ambani announced.

UN Women warns AI amplifies gender bias, digital violence

UN Women warns AI amplifies gender bias, digital violence

Rediff.com6 days ago

UN Women has issued a stark warning that the rapid advancement of artificial intelligence (AI) is placing women at a higher risk of discrimination and digital violence, citing studies that reveal significant gender bias in AI systems and large language models.

Guess How Messi Celebrated His 39th Birthday

Guess How Messi Celebrated His 39th Birthday

Rediff.com5 days ago

Lionel Messi, on the eve of his 39th birthday, demonstrated his unwavering commitment to Argentina's FIFA World Cup 2026 campaign by engaging in an intense gym session. The football legend, who is already the FIFA World Cup's all-time top goalscorer, is leading Argentina into the Round of 16 and continues to break records with his exceptional performance.

Avoid Costly Mistakes In ITR Filing

Avoid Costly Mistakes In ITR Filing

Rediff.com6 days ago

With more granular reporting and enhanced data matching, mismatches are likely to be identified more quickly.

Kunal Shah steps down as CRED CEO to lead WhatsApp; Meta invests Rs 8,550 crore in fintech platform

Kunal Shah steps down as CRED CEO to lead WhatsApp; Meta invests Rs 8,550 crore in fintech platform

Rediff.com7 days ago

Fintech platform CRED announced a significant funding round of Rs 8,550 crore led by Meta, coinciding with founder Kunal Shah's departure as CEO to take on the global leadership role for WhatsApp.

Why Modi Praised Nanded's Pethkars On Mann Ki Baat

Why Modi Praised Nanded's Pethkars On Mann Ki Baat

Rediff.com7 hours ago

'We ourselves hadn't heard it initially. Many people called us. The entire village was overjoyed.'

When Raakh Reminded Me Of Horrific College Memory

When Raakh Reminded Me Of Horrific College Memory

Rediff.com1 days ago

Ramesh is not in our class group photo. He had already vanished from school by the time it was taken. We didn't know why then. A few weeks later, we did, recalls Binu Alex.

Vijay govt appoints film producer as Delhi representative

Vijay govt appoints film producer as Delhi representative

Rediff.com3 days ago

The Tamil Nadu government has appointed film producer K Venkata Narayana as the state's special representative to the government in New Delhi, evoking sharp criticism from the Bharatiya Janata Party and other opposition parties on Friday.

Ousmane Dembele's Hat-Trick Overshadows Haaland And Mbappe!

Ousmane Dembele's Hat-Trick Overshadows Haaland And Mbappe!

Rediff.com3 days ago

Ousmane Dembele delivered a sensational first-half hat-trick for France against Norway in their final Group I match, overshadowing the anticipated clash between Erling Haaland and Kylian Mbappe.

Mahindra & Mahindra shifts focus beyond tractors to boost future growth

Mahindra & Mahindra shifts focus beyond tractors to boost future growth

Rediff.com15 Jun 2026

Mahindra & Mahindra (M&M) is expanding its farm equipment strategy beyond tractors to include a wider range of mechanisation solutions like harvesters, balers, seed drills, and telematics-enabled services, aiming to capitalise on the growing demand for rental services by rural entrepreneurs and address low mechanisation levels in Indian agriculture.

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Rediff.com19 Jun 2026

Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.

Jio Platforms set for mega IPO of 27 crore equity shares; eyes 5G, AI expansion

Jio Platforms set for mega IPO of 27 crore equity shares; eyes 5G, AI expansion

Rediff.com19 Jun 2026

Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has approved filing draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares, aiming to unlock value for shareholders and fuel its ambitious expansion into 5G, AI, and global markets.

Razorpay Confidentially Files Draft IPO Documents With SEBI

Razorpay Confidentially Files Draft IPO Documents With SEBI

Rediff.com15 Jun 2026

Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.

How Hydration Breaks Are Reshaping Tactics at the 2026 World Cup

How Hydration Breaks Are Reshaping Tactics at the 2026 World Cup

Rediff.com22 Jun 2026

FIFA's new hydration breaks at the 2026 World Cup have sparked controversy, with coaches including Marcelo Bielsa and Gustavo Alfaro claiming they disrupt football's rhythm and serve commercial interests more than player welfare.

L'Oreal signs agreement to acquire majority stake in D2C firm Innovist

L'Oreal signs agreement to acquire majority stake in D2C firm Innovist

Rediff.com19 Jun 2026

L'Oral has announced its acquisition of a majority stake in Innovist, an Indian direct-to-consumer (D2C) personal care company, marking a significant expansion in India's rapidly growing beauty industry.

Magicpin's AI Assistant Vera Aims To Double Merchant Base To 1 Million By 2026

Magicpin's AI Assistant Vera Aims To Double Merchant Base To 1 Million By 2026

Rediff.com14 Jun 2026

Food delivery and e-commerce platform magicpin aims to expand its AI assistant, Vera's, merchant base to over 1 million by the end of 2026. Launched three months ago, Vera already supports over 5 lakh merchants by providing real-time order insights and has facilitated over 50 lakh interactions across various business verticals. The company has invested USD 1 million in its AI stack and plans further enhancements to Vera's capabilities.

How Asha Bhosle's Grandson Chin2 Bhosle Turned To Music After A Corporate Job

How Asha Bhosle's Grandson Chin2 Bhosle Turned To Music After A Corporate Job

Rediff.com6 days ago

Know more about Chin2 Bhosle, grandson of the legendary Asha Bhosle, who defied a conventional career to pursue his passion for music.

Ireland pacer Jai Moondra's unconventional path to international cricket stardom

Ireland pacer Jai Moondra's unconventional path to international cricket stardom

Rediff.com2 days ago

Jai Moondra, a left-arm medium pacer from Rajasthan, made a dream international debut for Ireland, taking a wicket with his first ball against India. His journey is remarkable, having left a secure corporate job at Intel after pursuing an MTech in Dublin to chase his cricketing dream, culminating in a historic victory for Ireland.

Hezbollah rejects Israel-Lebanon truce, vows to fight

Hezbollah rejects Israel-Lebanon truce, vows to fight

Rediff.com1 days ago

In a statement issued following the announcement of the US-mediated deal, Qassem characterised the agreement as a 'humiliating' and 'shameful' surrender of Lebanese sovereignty that prioritises Israeli and American dictates over the nation's independence.