News for 'business'

Sunil Rao To Lead Roblox's India Operations

Sunil Rao To Lead Roblox's India Operations

Rediff.com30 Apr 2026

Gaming company Roblox has appointed Sunil Rao, a former Amazon Web Services executive, as Managing Director for its India operations. Rao will oversee Roblox India's strategy, working with local teams and partners to strengthen the company's presence and support the creator ecosystem.

Why Paytm Shares Soared After Profit Announcement

Why Paytm Shares Soared After Profit Announcement

Rediff.com7 May 2026

Shares of One97 Communications, which operates the Paytm brand, experienced a significant jump after the company reported a consolidated profit for the January-March quarter.

West Asia Crisis To Hit India's Growth Hard

West Asia Crisis To Hit India's Growth Hard

Rediff.com12 May 2026

A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.

Manufacturing lifts pvt sector activity in April

Manufacturing lifts pvt sector activity in April

Rediff.com24 Apr 2026

India's private sector activity saw a significant recovery in April, driven primarily by robust growth in manufacturing output and sales, following a three-year low in March attributed to the West Asia conflict.

Old vs New Tax Regime: Higher Allowances, HRA Changes Warrant Review

Old vs New Tax Regime: Higher Allowances, HRA Changes Warrant Review

Rediff.com30 Apr 2026

Recent changes to tax exemptions and allowances, including increased education, hostel, and HRA limits, have made the old tax regime more competitive against the new regime, prompting salaried employees to re-evaluate their choice for the current financial year.

Mumbai Court Grants Bail To Techno Concert Organiser

Mumbai Court Grants Bail To Techno Concert Organiser

Rediff.com7 May 2026

A special court in Mumbai granted bail to an organiser of a techno concert where two MBA students died due to a suspected drug overdose. While organiser Akash Samal was granted bail, three other accused were denied relief. The concert, held at the NESCO Exhibition Centre, saw attendees allegedly consuming MDMA pills, leading to hospitalisations and fatalities.

IPL 2026, PBKS vs DC: Punjab Kings eye course correction vs struggling Delhi Capitals

IPL 2026, PBKS vs DC: Punjab Kings eye course correction vs struggling Delhi Capitals

Rediff.com10 May 2026

Punjab Kings are looking to turn their fortunes around as they host Delhi Capitals in Dharamsala. After recent defeats, Punjab aims to improve their performance in all areas. Meanwhile, Delhi Capitals, struggling with form, are looking ahead to the next season.

Sun Pharma's Organon deal: Strategic entry into new segments, but integration challenges loom

Sun Pharma's Organon deal: Strategic entry into new segments, but integration challenges loom

Rediff.com5 May 2026

Sun Pharmaceutical Industries' acquisition of US-based Organon & Co. for $11.75 billion, the largest overseas acquisition by an Indian pharma company, has been met with mixed reactions from brokerages, who see strategic entry into women's health and biosimilars but also flag potential integration challenges and debt concerns.

What Dilip Shanghvi said on Sun Pharma's Organon Buy

What Dilip Shanghvi said on Sun Pharma's Organon Buy

Rediff.com27 Apr 2026

Sun Pharmaceutical Industries' Executive Chairman Dilip Shanghvi described the USD 11.75 billion acquisition of US-based Organon & Co as both a "happy" and "bit anxious" moment, acknowledging the significant debt required to fund the large transaction.

Enemies Beware! India's Missile Power Gets A Boost

Enemies Beware! India's Missile Power Gets A Boost

Rediff.com11 May 2026

Three milestones in three days signal India's growing mastery in next-generation strategic technologies spanning nuclear deterrence, hypersonic propulsion and precision stand-off strike capability.

Godrej Properties to raise Rs 3,000 crore via NCDs

Godrej Properties to raise Rs 3,000 crore via NCDs

Rediff.com5 May 2026

Godrej Properties Limited (GPL) reported its highest-ever quarterly profit of 649.5 crore in Q4 FY26, a 70.13 per cent year-on-year increase, driven by record revenues and bookings. The company aims for over 39,000 crore in residential bookings for FY27 and plans to raise up to 3,000 crore through debt securities.

IPL 2026: 'Dropped catches cost us': Iyer slams PBKS fielding

IPL 2026: 'Dropped catches cost us': Iyer slams PBKS fielding

Rediff.com7 May 2026

Punjab Kings captain Shreyas Iyer acknowledges his team's recent slump after a loss to Sunrisers Hyderabad, highlighting dropped catches and missed opportunities as key factors.

'Life Is Too Short To Be Unhappy': Amrita Puri

'Life Is Too Short To Be Unhappy': Amrita Puri

Rediff.com7 May 2026

In the latest episode of The Rediff Podcast, Amrita Puri opens up about breaking stereotypes, dealing with the stigma of divorce and how therapy helped her find peace and self-love.

Sujit Bose Arrested In West Bengal Recruitment Scam

Sujit Bose Arrested In West Bengal Recruitment Scam

Rediff.com11 May 2026

Former West Bengal minister Sujit Bose has been arrested by the Enforcement Directorate in connection with a money laundering case linked to an alleged municipality recruitment scam.

How Social Media Damages Your Child's Brain

How Social Media Damages Your Child's Brain

Rediff.com11 May 2026

'Children are not learning how to handle conflict, communicate effectively or build deeper connections. That's why we see this loneliness paradox -- they are constantly connected yet emotionally disconnected,' says psychiatrist and therapist Dr Ruhi Satija.

The Suvendu Adhikari You Must Know

The Suvendu Adhikari You Must Know

Rediff.com14 May 2026

'When I asked Suvendu about the news that Didi was going to fight in his constituency, he said, 'Aami okhaney lorbo aar okhaney okey harabo (I will contest from there and defeat her there)' This was his comment while we were standing on the truck doing our roadshow.'

Messi Event Chaos: Organiser Blames Political Interference

Messi Event Chaos: Organiser Blames Political Interference

Rediff.com11 May 2026

Sports event organiser Satadru Dutta alleges that political interference, security failures, and administrative lapses led to the chaotic Lionel Messi event at Salt Lake stadium in Kolkata last December, claiming he was made a scapegoat.

Distressed Father Ends Life Over Daughter's Wedding Costs

Distressed Father Ends Life Over Daughter's Wedding Costs

Rediff.com24 Apr 2026

A 45-year-old man in Uttar Pradesh allegedly died by suicide due to financial stress related to his daughter's upcoming wedding. Police investigations suggest the man was under significant pressure due to his inability to afford the marriage expenses.

Should You Fall In Developers' Flexible Payments Trap?

Should You Fall In Developers' Flexible Payments Trap?

Rediff.com12 May 2026

Deferred payment plans may come with a cost, which may not be immediately visible.

WADA rule puts Vinesh Phogat comeback in trouble!

WADA rule puts Vinesh Phogat comeback in trouble!

Rediff.com7 May 2026

Vinesh Phogat's eligibility to compete in the National Open Ranking Tournament is uncertain due to questions about her compliance with WADA's six-month notice rule for returning athletes.

Budget 2026: The Business Of IP Remains Unfinished

Budget 2026: The Business Of IP Remains Unfinished

Rediff.com23 Feb 2026

The Union Budget backs skilling across animation, gaming and comics. But creators and studios confront a hard question: who owns what comes next?

It's Action! Action! Action! On OTT This Week

It's Action! Action! Action! On OTT This Week

Rediff.com8 May 2026

Pump up the adrenalin in an action packed OTT this week. Sukanya Verma lists your options.

Ex-Narcotics Bureau Official Faces Charges In Cheating Case

Ex-Narcotics Bureau Official Faces Charges In Cheating Case

Rediff.com7 May 2026

A special CBI court has upheld the framing of charges against a former Narcotics Control Bureau official accused of cheating the bureau by claiming subsistence allowance while suspended, despite working for three private companies.

ED raids AAP MP who replaced Raghav Chadha as deputy leader in RS

ED raids AAP MP who replaced Raghav Chadha as deputy leader in RS

Rediff.com15 Apr 2026

The Enforcement Directorate (ED) has initiated raids on business entities linked to Aam Aadmi Party (AAP) Rajya Sabha MP Ashok Mittal in Punjab and Haryana, as part of a Foreign Exchange Management Act (FEMA) investigation into alleged financial irregularities.

IPL 2026, RCB vs MI: Can Royal Challengers batters snap two-match losing run vs Mumbai Indians?

IPL 2026, RCB vs MI: Can Royal Challengers batters snap two-match losing run vs Mumbai Indians?

Rediff.com9 May 2026

Royal Challengers Bengaluru will be looking to improve their batting performance and end their two-match losing streak when they face Mumbai Indians. RCB's batting lineup needs to regain its form to secure a spot in the IPL playoffs.

Why Gold Loan Boom Needs Caution

Why Gold Loan Boom Needs Caution

Rediff.com11 May 2026

Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.

TARA: India's New Precision Strike Weapon

TARA: India's New Precision Strike Weapon

Rediff.com9 May 2026

TARA is India's first indigenous modular glide weapon, capable of transforming conventional unguided warheads into long-range precision-guided weapons.

Formula One embraces AI revolution as teams chase competitive edge

Formula One embraces AI revolution as teams chase competitive edge

Rediff.com8 May 2026

Artificial Intelligence is rapidly transforming Formula One, with teams like Williams and Red Bull using AI for race strategy, data analysis and operations as tech partnerships and sponsorship revenues surge.

Unincorporated Sector Drives Job Growth, Digital Divide Persists

Unincorporated Sector Drives Job Growth, Digital Divide Persists

Rediff.com7 May 2026

India's unincorporated non-agricultural sector, excluding construction and corporate enterprises, added approximately 7.5 million workers in a single year, reaching 128.1 million employed in 2025, according to the NSO's ASUSE 2025 report.

Paytm Turns Profitable, Focuses On AI Integration

Paytm Turns Profitable, Focuses On AI Integration

Rediff.com7 May 2026

Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.

What I Expect From A BJP Government In Bengal

What I Expect From A BJP Government In Bengal

Rediff.com6 May 2026

The BJP must respect Bengal's pluralistic ethos and with this historic mandate give the state the constructive change it truly deserves, expects Kolkata native Payal Singh Mohanka.

Undekhi 4: The Final Battle's Chaotic Conclusion

Undekhi 4: The Final Battle's Chaotic Conclusion

Rediff.com1 May 2026

The fourth season of Undekhi attempts to conclude the saga of the powerful Atwal family but struggles with an overcomplicated plot and a multitude of characters, observes Deepa Gahlot.

MSMEs flag 'ambiguity' in labour ministry's wage calculation rules

MSMEs flag 'ambiguity' in labour ministry's wage calculation rules

Rediff.com29 Apr 2026

Micro, small and medium enterprises (MSMEs) have expressed significant concerns regarding the labour ministry's recent clarifications on labour codes, citing ambiguity in wage calculation and implementation, which they argue creates interpretational and operational challenges for employers.

IPL 2026: 'No finger pointing': Miller backs struggling DC squad

IPL 2026: 'No finger pointing': Miller backs struggling DC squad

Rediff.com7 May 2026

David Miller emphasises Delhi Capitals' unity and focus on winning their remaining IPL games to secure a playoff spot, despite recent batting collapses and fielding lapses.

How Mizoram Police Rescued Women From Trafficking Racket

How Mizoram Police Rescued Women From Trafficking Racket

Rediff.com7 May 2026

Mizoram police, in collaboration with Uttarakhand police, rescued five Mizo women, including two minors, from a sex trafficking racket operating under the guise of a spa in Rudrapur. Six individuals have been arrested, including the alleged mastermind and spa owner.

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Rediff.com12 May 2026

India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.

Kanpur Police Nab Mastermind Of Rs 3,200 Crore Fake Firm Racket

Kanpur Police Nab Mastermind Of Rs 3,200 Crore Fake Firm Racket

Rediff.com7 May 2026

Police in Kanpur have arrested a suspected mastermind behind a network of fake firms, forged documents, and suspected hawala transactions worth over Rs 3,200 crore.

Hampton Sky Realty Claims Innocence After Director's Arrest

Hampton Sky Realty Claims Innocence After Director's Arrest

Rediff.com9 May 2026

Hampton Sky Realty Limited, formerly directed by Punjab minister Sanjeev Arora, has issued a statement asserting its innocence and cooperation with authorities following the arrest of Arora in connection with a money laundering probe.

Godrej Properties' rerating hinges on sales growth

Godrej Properties' rerating hinges on sales growth

Rediff.com22 Apr 2026

Godrej Properties closed FY26 with record bookings and presales, exceeding its annual guidance, but brokerages express concerns over weak cash-flow generation and the ability to sustain growth amidst a muted real estate market.

Indian Investments in US Rise, Create American Jobs: Official

Indian Investments in US Rise, Create American Jobs: Official

Rediff.com5 May 2026

Indian foreign direct investment (FDI) in the United States has reached approximately USD 16.4 billion, supporting around 70,800 jobs and contributing significantly to research and development, according to US Deputy Undersecretary Brandon Remington.