News for 'business'

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Rediff.com20 May 2026

The Competition Commission of India (CCI) has approved the acquisition of a stake in AI acceleration cloud provider Neysa Networks by Blackstone-backed private equity funds and other investors, following Neysa's announcement of a USD 1.2 billion capital raise.

India raises visa concerns with US over immigration policy changes

India raises visa concerns with US over immigration policy changes

Rediff.com24 May 2026

External Affairs Minister S Jaishankar raised India's concerns with US Secretary of State Marco Rubio regarding changes to US visa and immigration policies, emphasising that legal mobility should not be negatively affected. Rubio acknowledged potential 'bumps' during the transition as the US aims to improve its immigration system.

'I am an entertainer': Naomi Osaka's Eiffel Tower Look Lights Up French Open

'I am an entertainer': Naomi Osaka's Eiffel Tower Look Lights Up French Open

Rediff.com27 May 2026

Japanese player Naomi Osaka raised the fashion stakes in Paris on the third day of the Grand Slam when she walked onto Court Suzanne Lenglen in a black Kevin Germanier skirt, before unveiling her layered yellow-brown and gold Nike match dress.

At 89, My Father Chose Ayodhya, Varanasi, Sikkim

At 89, My Father Chose Ayodhya, Varanasi, Sikkim

Rediff.com3 Jun 2026

Sacred spots and soaring peaks: Bucket-listing across the heartland. Roopa Unnikrishnan and her father journey through the heart of India.

Ranchi Restaurateur Allegedly Dies By Suicide Due To Financial Strains

Ranchi Restaurateur Allegedly Dies By Suicide Due To Financial Strains

Rediff.com21 May 2026

A restaurateur in Ranchi, identified as Abhimanyu Bhatia, allegedly died by suicide due to financial strains. Police are investigating the circumstances surrounding his death after he consumed poison at his restaurant.

Tribal Chief Killed In Pakistan IED Blast

Tribal Chief Killed In Pakistan IED Blast

Rediff.com18 May 2026

An IED blast in a marketplace in northwest Pakistan has killed three people, including a tribal chief, and injured four others.

Be Prepared For Fuel Price Hike!

Be Prepared For Fuel Price Hike!

Rediff.com13 May 2026

'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'

Red alert issued as UP under severe heatwave; Banda boils at 47.6 degrees C

Red alert issued as UP under severe heatwave; Banda boils at 47.6 degrees C

Rediff.com22 May 2026

Uttar Pradesh is experiencing an intense heatwave, with Banda recording the highest temperature at 47.6 degrees Celsius. The IMD has issued a 'Red Colour Warning' for severe heatwave conditions. The extreme heat is disrupting daily life and economic activity, prompting government action to prevent heat-related illnesses.

Chartered Accountant Among Two Arrested In Delhi GST Fraud Case

Chartered Accountant Among Two Arrested In Delhi GST Fraud Case

Rediff.com16 May 2026

Delhi Police's Economic Offences Wing has arrested two individuals, including a chartered accountant, in connection with a GST and VAT fraud involving the misuse of business credentials and dummy firms.

Why IAF Needs Russian Su-57 Stealth Fighter

Why IAF Needs Russian Su-57 Stealth Fighter

Rediff.com30 May 2026

Pakistan is reportedly pursuing Chinese J-35 stealth fighters while China already operates hundreds of J-20 stealth aircraft.

Cricket Australia plays down IPL control fears in Big Bash League

Cricket Australia plays down IPL control fears in Big Bash League

Rediff.com18 May 2026

Cricket Australia chief executive Todd Greenberg said fears that private investment in the Big Bash League (BBL) could lead to the tournament ceding control to Indian Premier League (IPL) franchise owners are overblown.

Tata Board Meeting Silent On Chandra's Extension

Tata Board Meeting Silent On Chandra's Extension

Rediff.com27 May 2026

The much-awaited board meeting of Tata Sons did not discuss listing of the holding company or a third term for Chairman N Chandrasekaran.

Indian IT firms paid record Rs 1.3 trillion to shareholders in FY26 despite AI headwinds

Indian IT firms paid record Rs 1.3 trillion to shareholders in FY26 despite AI headwinds

Rediff.com20 May 2026

India's top 16 IT services companies distributed a record 1.3 trillion to shareholders in FY26 through dividends and share buybacks, a 36.3 per cent increase from FY25, even as the industry grappled with AI-driven business model threats and a significant decline in market capitalisation.

13 Terrific Movies That Rocked Cannes

13 Terrific Movies That Rocked Cannes

Rediff.com2 Jun 2026

13 films from the 2026 Cannes film festival, highlighting award-winning international cinema, unexpected gems, and restored classics that truly celebrated the art of filmmaking.

Man Held For Stealing Jewellery From Ranchi Wedding

Man Held For Stealing Jewellery From Ranchi Wedding

Rediff.com21 May 2026

Ranchi Police have arrested a 39-year-old man from Madhya Pradesh for allegedly stealing jewellery worth Rs 16 lakh from a wedding ceremony. The accused, who was not an invitee, was apprehended based on technical surveillance and CCTV footage analysis.

Bumrah would bounce back next season and could even win Purple Cap, says Dale Steyn

Bumrah would bounce back next season and could even win Purple Cap, says Dale Steyn

Rediff.com25 May 2026

Former South Africa fast bowler Dale Steyn and ex-captain AB de Villiers have thrown their support behind Jasprit Bumrah after the India pacer endured a disappointing IPL 2026 season with Mumbai Indians.

Mukesh Ambani draws nil salary for sixth consecutive year

Mukesh Ambani draws nil salary for sixth consecutive year

Rediff.com28 May 2026

Mukesh Ambani, Asia's second richest man, has not drawn a salary from Reliance Industries for the sixth consecutive year, with dividends from his extensive shareholdings serving as his primary source of income.

A Museum Where You Can Drive A Formula E Car!

A Museum Where You Can Drive A Formula E Car!

Rediff.com21 May 2026

This is just one of the things you can experience in the Mahindra museum -- The Museum of Living History -- whose sleek, immersive design made Rediff's Mayur Sanap feel he was walking into a Tron movie. Except, instead of neon blue tones, the dominant colour everywhere was Mahindra's signature red which made the space feel bold and dramatic.

Social Media Influencer Ankush Bahuguna Faces Homophobia In London

Social Media Influencer Ankush Bahuguna Faces Homophobia In London

Rediff.com19 May 2026

Indian influencer Ankush Bahuguna shares his experience of facing homophobic abuse on the streets of London after attending a Huda Beauty event in a pink suit and makeup.

Dabur's robust India biz showing lifts shares

Dabur's robust India biz showing lifts shares

Rediff.com9 May 2026

Dabur India's shares rose 3.7 per cent after reporting in-line Q4FY26 results, driven by a healthy 10 per cent growth in its India business, despite some analysts remaining cautious about future execution.

4 Finance Careers That Really Pay Well

4 Finance Careers That Really Pay Well

Rediff.com28 May 2026

In the latest Rediff series exploring non-traditional careers, Sandeep Goel, professor and dean-research at MDI, Gurgaon lists a range of high-growth finance careers beyond CA, CS, and MBA degrees.

'Mama Used To Hit Sanju With Chappals'

'Mama Used To Hit Sanju With Chappals'

Rediff.com1 Jun 2026

'While she was particularly attached to Sanju, she'd spew expletives at him, and hit him with chappals when he misbehaved.' 'She'd even beat me when I was rude to my elder sister Namrata.' 'Today you can't whack your child, but we have grown up with two-three whacks a day.'

IPL 2026, Qualifier 2: Gill's ton takes Gujarat Titans past Rajasthan Royals to final

IPL 2026, Qualifier 2: Gill's ton takes Gujarat Titans past Rajasthan Royals to final

Rediff.com30 May 2026

Vaibhav Sooryavanshi's explosive innings and Donovan Ferreira's late fireworks powered the Rajasthan Royals to a formidable total against Gujarat Titans in the IPL Qualifier 2.

Five listed Reits distributed over Rs 2,500 crore in Q4FY26

Five listed Reits distributed over Rs 2,500 crore in Q4FY26

Rediff.com26 May 2026

India's five publicly listed Real Estate Investment Trusts (REITs) collectively distributed more than Rs 2,566 crore to over 425,000 unitholders in Q4FY26, with a cumulative distribution exceeding Rs 8,900 crore for the full fiscal year.

Karnataka: Four Arrested For Robbery In Chikkaballapura

Karnataka: Four Arrested For Robbery In Chikkaballapura

Rediff.com13 May 2026

Four men have been arrested in Chikkaballapura, Karnataka, for allegedly robbing a man of Rs 7.5 lakh after throwing chilli powder in his eyes and threatening him with a machete.

Byju's Founder Byju Raveendran Sentenced to Jail in Singapore for Contempt of Court

Byju's Founder Byju Raveendran Sentenced to Jail in Singapore for Contempt of Court

Rediff.com27 May 2026

Byju Raveendran, founder of the embattled edtech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt of court over alleged non-compliance with disclosure orders, a ruling he described as "procedural" and plans to appeal.

BPCL earmarks Rs 25,000 crore capex for FY27, finds 'respite' in fuel price hike

BPCL earmarks Rs 25,000 crore capex for FY27, finds 'respite' in fuel price hike

Rediff.com20 May 2026

State-run Bharat Petroleum Corporation Ltd (BPCL) plans a significant capital expenditure of 25,000 crore for the financial year 2026-27, primarily for ongoing expansion projects. The company also stated that the recent 4-per-litre price hike in petrol and diesel has provided some financial relief amidst volatile crude oil prices and mounting losses.

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

Rediff.com27 May 2026

Indian companies recorded their highest profit margins in 21 quarters during Q4FY26, reaching 11.3 per cent, primarily due to significant savings from lower employee costs and reduced interest payments, which offset rising raw material prices.

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Rediff.com18 May 2026

Jewellery majors Titan Company and Kalyan Jewellers reported robust Q4 FY26 results, with Titan's consolidated revenue surging 81 per cent year-on-year, largely propelled by a sixfold increase in bullion and digital gold sales. Despite strong top-line growth, Titan's gross and operating profit margins faced pressure due to the higher share of lower-margin gold products and increased marketing expenditure.

'Not an iota of truth': Modi rejects media report on taxing foreign travel

'Not an iota of truth': Modi rejects media report on taxing foreign travel

Rediff.com16 May 2026

Prime Minister Narendra Modi has strongly refuted a media report suggesting the government is considering levying a tax, cess, or surcharge on foreign travel, calling the news "totally false".

IPL Franchises Race Towards $15 Billion Valuations

IPL Franchises Race Towards $15 Billion Valuations

Rediff.com23 May 2026

Kolkata Knight Riders, owned by the Shah Rukh Khan family and Mehta Group, emerged as the most valuable franchise.

How Norway Chess Is Reshaping The Elite Chess Experience

How Norway Chess Is Reshaping The Elite Chess Experience

Rediff.com28 May 2026

Norway Chess has consistently innovated to enhance the experience for players and fans, introducing features like the 'confession box' and the Armageddon tie-break to make elite chess more engaging and decisive.

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com19 May 2026

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

Kattalan Review: Loud, Violent And Dull

Kattalan Review: Loud, Violent And Dull

Rediff.com29 May 2026

Kattalan tries to roar like Marco with blood-soaked violence and mass swagger, but ends up as a noisy, identity-less actioner with little bite.

How Modi's Austerity Appeal Can Work

How Modi's Austerity Appeal Can Work

Rediff.com28 May 2026

Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Rediff.com20 May 2026

Major US technology companies, Meta and LinkedIn, are undergoing significant workforce restructuring, with Meta planning to lay off 8,000 employees while shifting 7,000 into AI-focused roles, and LinkedIn cutting over 600 jobs across various departments.

PepsiCo India to invest Rs 5,700 crore by 2030 to boost production

PepsiCo India to invest Rs 5,700 crore by 2030 to boost production

Rediff.com20 May 2026

PepsiCo India plans a significant investment of Rs 5,700 crore by 2030 to enhance its production capabilities, focusing on its concentrate plant in Madhya Pradesh, a unit in Assam, and land acquisition in Tamil Nadu to expand its snack business footprint in South India.

Why Did Kejriwal, Mann Meet Jailed Minister Sanjeev Arora?

Why Did Kejriwal, Mann Meet Jailed Minister Sanjeev Arora?

Rediff.com23 May 2026

Punjab Chief Minister Bhagwant Mann and AAP national convener Arvind Kejriwal met jailed state minister Sanjeev Arora in Gurugram. Arora is in judicial custody in connection with an alleged money-laundering case.

Rupee Fall Exposes India's Economic Weakness

Rupee Fall Exposes India's Economic Weakness

Rediff.com27 May 2026

We who were dreaming of being the third largest economy in dollar terms, have slid back to sixth, thanks to the falling rupee. We are moving about with begging bowls for investments and trade opportunities, which will be a while in materialising, if ever, notes Shreekant Sambrani.

Income Tax Department Enables Online Filing of ITR-1 and ITR-4 for AY 2026-27

Income Tax Department Enables Online Filing of ITR-1 and ITR-4 for AY 2026-27

Rediff.com15 May 2026

The Income Tax department has enabled online filing for ITR-1 (Sahaj) and ITR-4 (Sugam) for the Assessment Year 2026-27, allowing small and medium taxpayers to file returns for income earned in the 2025-26 fiscal year.