News for 'business'

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.

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.

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.

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.

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.

BJP Serves Defamation Notice To Punjab CM Bhagwant Mann

BJP Serves Defamation Notice To Punjab CM Bhagwant Mann

Rediff.com7 May 2026

BJP leader Tarun Chugh has served a legal notice to Punjab CM Bhagwant Mann for linking the BJP to recent blasts, demanding proof or resignation.

Punjab Minister Arora In ED Custody Over Money Laundering Allegations

Punjab Minister Arora In ED Custody Over Money Laundering Allegations

Rediff.com10 May 2026

A special PMLA court in Gurugram has remanded Punjab Industries Minister Sanjeev Arora in Enforcement Directorate's custody for a week in an alleged Rs 100-crore GST fraud-linked money laundering case.

How India Can Lead In AI-Native Governance, According To ServiceNow

How India Can Lead In AI-Native Governance, According To ServiceNow

Rediff.com7 May 2026

ServiceNow Vice Chairman Nick Tzitzon highlights India's potential to develop an AI-native government model, emphasising enhanced public services, data privacy, and economic growth.

Gulf War Crisis: Why India Will Take A Huge Hit

Gulf War Crisis: Why India Will Take A Huge Hit

Rediff.com11 May 2026

This is the time for India to plan forward fully, with the goal of Atmanirbharata, and energy security. The Persian Gulf is no longer a reliable source, points out Rajeev Srinivasan.

HCLTech Q4 net profit up 4.2% to Rs 4,488 crore, FY27 growth seen at 1-4%

HCLTech Q4 net profit up 4.2% to Rs 4,488 crore, FY27 growth seen at 1-4%

Rediff.com21 Apr 2026

IT major HCLTech reported a 4.20 per cent year-on-year rise in consolidated net profit to Rs 4,488 crore for the January-March quarter of FY26, but projected a modest 1-4 per cent revenue growth for FY27, citing market volatility and reduced discretionary spending.

Public Sector Banks Face Boardroom Vacancies

Public Sector Banks Face Boardroom Vacancies

Rediff.com6 May 2026

In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board

Great Mothers Who Shaped Famous Indians

Great Mothers Who Shaped Famous Indians

Rediff.com10 May 2026

Who were the mothers who shaped Mahatma Gandhi, Sachin Tendulkar, Narendra Modi and other well-known Indians?

Lukkhe Review: Familiar Drugs And Deceit Tale

Lukkhe Review: Familiar Drugs And Deceit Tale

Rediff.com8 May 2026

Lukkhe plunges into Chandigarh's dark underbelly, exploring a drug epidemic, political corruption, and a burgeoning rap scene, though its narrative often feels like a familiar crime drama, notes Deepa Gahlot.

ISRO to print rocket components with Russian 3D printing machine

ISRO to print rocket components with Russian 3D printing machine

Rediff.com29 Apr 2026

The RusBeam 2800 is now India's largest electron-beam wire deposition 3D printer operating under vacuum. The machine was custom-built for India and is operated with software developed by Rosatom.

Vivo, OnePlus, Oppo: Phones to Watch Out For in May

Vivo, OnePlus, Oppo: Phones to Watch Out For in May

Rediff.com5 May 2026

May is set to be a busy month for smartphone enthusiasts with Vivo, OnePlus, and Oppo all gearing up to launch new flagship devices, including the Vivo X300 Ultra with its advanced ZEISS camera, the OnePlus Nord CE6 featuring a powerful Snapdragon 7s Gen 4 chipset, and the Oppo Find X9 Ultra boasting a stunning flexible AMOLED display.

Who Will Win Kerala's Game Of Thrones?

Who Will Win Kerala's Game Of Thrones?

Rediff.com11 May 2026

Already, within the week of the election results it became apparent that the Congress' DNA has not changed from its traditional approach to politics as but a game of thrones, observes Ambassador M K Bhadrakumar.

Indian Super League: Punjab FC edge Chennaiyin FC, move to sixth spot

Indian Super League: Punjab FC edge Chennaiyin FC, move to sixth spot

Rediff.com7 May 2026

Punjab FC secured a 1-0 victory over Chennaiyin FC in their Indian Super League encounter, thanks to a late own goal. The win moves Punjab FC into sixth place, while Chennaiyin FC remain at the bottom of the table.

Youths Held For Stealing Marigold Seeds In Maharashtra

Youths Held For Stealing Marigold Seeds In Maharashtra

Rediff.com19 Apr 2026

Two youths have been arrested for allegedly snatching marigold seeds valued at Rs 7.78 lakh from a farmer in Karnataka after luring him to Jalna in Maharashtra under the guise of a business deal, police said.

Why Tata Trusts Board Meeting Was Cancelled

Why Tata Trusts Board Meeting Was Cancelled

Rediff.com9 May 2026

A crucial Tata Trusts board meeting was unexpectedly postponed, highlighting internal conflicts over veto power, Tata Sons listing, and trustee eligibility, raising concerns about the stability of the $180 billion conglomerate.

Indian National Among Those Arrested In Sri Lanka For Visa Overstay

Indian National Among Those Arrested In Sri Lanka For Visa Overstay

Rediff.com22 Apr 2026

An Indian national is among 50 people arrested in Sri Lanka for overstaying their visas. The arrests were made in Negombo city, a tourist destination near Colombo. The arrested individuals, including 47 Chinese and two Malaysians, entered Sri Lanka on business visas but remained illegally after their visas expired.

Haryana Speaker Seeks Explanation From Hooda Over Mock Assembly

Haryana Speaker Seeks Explanation From Hooda Over Mock Assembly

Rediff.com28 Apr 2026

Haryana Assembly Speaker Harvinder Kalyan has sought a response from Leader of the Opposition Bhupinder Singh Hooda regarding the Congress party's mock session held outside the House after boycotting a special sitting.

Ralph Lauren Faces Heat Over Bandhani Skirt

Ralph Lauren Faces Heat Over Bandhani Skirt

Rediff.com6 May 2026

'It is disappointing that a craft, which is protected by the Geographical Indication Tag, Polo Ralph Lauren has turned it into a cheap wrap skirt, that too, printed.'

Bengal Minister Grilled In Civic Body Recruitment Scam Probe

Bengal Minister Grilled In Civic Body Recruitment Scam Probe

Rediff.com1 May 2026

West Bengal minister Sujit Bose was questioned by the Enforcement Directorate for nearly nine hours in connection with the alleged civic body recruitment scam.

Geopolitical Risks Could Push Jio Platforms IPO to H2 FY27

Geopolitical Risks Could Push Jio Platforms IPO to H2 FY27

Rediff.com29 Apr 2026

Reliance Industries' digital arm, Jio Platforms, may see its initial public offering (IPO) delayed to the second half of fiscal 2027, according to CreditSights. The delay is primarily attributed to ongoing geopolitical tensions in the Middle East, which could impact market conditions and investor sentiment.

TN Welfare Push Raises Fiscal Risks For New Government

TN Welfare Push Raises Fiscal Risks For New Government

Rediff.com4 May 2026

Amid the arithmetic of subsidies, consumption and capacity, whichever government assumes office in Tamil Nadu after May 4 is likely to inherit a growing debate over how far the state can continue to expand welfare promises without placing additional strain on public finances and the power sector.

'Biggest Single Danger Is If Remittances Come Down'

'Biggest Single Danger Is If Remittances Come Down'

Rediff.com13 May 2026

'At the first sign of real trouble, that money will move. There will be a run.'

Raja Shivaji Achieves Historic Box Office Success, Ek Din Fails

Raja Shivaji Achieves Historic Box Office Success, Ek Din Fails

Rediff.com4 May 2026

Riteish Deshmukh's Raja Shivaji has become the highest-grossing Marathi opener ever, while Aamir Khan's Ek Din faced a disastrous opening at the box office.

Info Edge Q4 billings slow on muted hiring, Gulf risks

Info Edge Q4 billings slow on muted hiring, Gulf risks

Rediff.com17 Apr 2026

Info Edge (India) shares fell 2.9 per cent after the company reported muted growth in recruitment billings for Q4 FY26, leading brokerages to expect impacted operating performance and potential margin contraction.

Bajaj Auto gears up for festival season with new Pulsar models

Bajaj Auto gears up for festival season with new Pulsar models

Rediff.com8 May 2026

Bajaj Auto is set to launch new Pulsar motorcycles in the 125cc and 150-250cc segments in Q2 FY27, aiming to capitalise on the upcoming festival season surge. This move follows strong growth in the 150cc-plus segment, where refreshed Pulsar models already account for over 50 per cent of Bajaj's sales.

M&M in high gear on SUV growth, product pipeline; analysts bullish despite margin pressure

M&M in high gear on SUV growth, product pipeline; analysts bullish despite margin pressure

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is largely bullish among analysts following its Q4FY26 results, driven by strong SUV demand, a robust product pipeline, and improving growth visibility across segments, despite near-term margin pressures from rising commodity costs and potential weakness in the tractor cycle.

Twin blasts rock BSF, Army camp in Punjab; police hint at ISI link

Twin blasts rock BSF, Army camp in Punjab; police hint at ISI link

Rediff.com6 May 2026

Two explosions near defence establishments in Punjab have triggered security concerns.

What Is Isha Ambani Celebrating With Rihanna?

What Is Isha Ambani Celebrating With Rihanna?

Rediff.com27 Apr 2026

When Fenty Beauty finally landed in India, it wasn't just a store launch; it was a full-blown moment. With Rihanna flying down and Isha Ambani hosting, the night felt less like a retail debut and more like a celebration of global fashion meets desi glamour.

ServiceNow Enhances AI Control Tower For Enterprise Governance

ServiceNow Enhances AI Control Tower For Enterprise Governance

Rediff.com6 May 2026

ServiceNow has announced an expansion of its AI Control Tower offering with new capabilities that give enterprises control over every AI system, agent, and workflow, regardless of where it runs.

Puri Jagannath Temple Plans New Dress Code: No jeans, shirt

Puri Jagannath Temple Plans New Dress Code: No jeans, shirt

Rediff.com29 Apr 2026

According to the recommendations, reviewed by Business Standard, any dress code shall always be akin to Hindu culture.

Opposition Slams BJP Over Odisha Law And Order Situation

Opposition Slams BJP Over Odisha Law And Order Situation

Rediff.com4 May 2026

Opposition parties in Odisha, including the BJD and Congress, have criticised the ruling BJP for failing to maintain law and order after a violent attack in Puri district. The incident, captured in a viral video, has sparked concerns about public safety and governance in the state.

How Mamata Banerjee Fared In Her 15 Year Rule

How Mamata Banerjee Fared In Her 15 Year Rule

Rediff.com4 May 2026

Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.

Rajinikanth On R B Choudary: 'He Asked Me To Act In His 100th Film'

Rajinikanth On R B Choudary: 'He Asked Me To Act In His 100th Film'

Rediff.com7 May 2026

The South Indian film fraternity, including superstars Rajinikanth, Mammootty, Vijay, Dhanush and Suriya, mourns the tragic passing of veteran producer R B Choudary, who died in a road accident, leaving behind a legacy of nearly 100 films and countless opportunities for new talent.

Pune Child Rape-Murder: SIT To Investigate Brutal Crime

Pune Child Rape-Murder: SIT To Investigate Brutal Crime

Rediff.com3 May 2026

A Special Investigation Team (SIT) has been formed to investigate the rape and murder of a four-year-old girl in the Pune district of Maharashtra, following widespread outrage over the heinous crime.

L&T reports 3% decline in profit; revenue up 11%

L&T reports 3% decline in profit; revenue up 11%

Rediff.com6 May 2026

Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.

'Equity Investing In Good Shape And Fashionable As Ever!'

'Equity Investing In Good Shape And Fashionable As Ever!'

Rediff.com29 Apr 2026

'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'