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White House appoints Indian American CFO

Gopal Khanna, currently chief financial officer with the Peace Corps, will join the White House next week as the chief financial officer of the executive office of the President.This is the first......

Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

I just want to be part of the AAP revolution: Former Infy CFO V Balakrishnan

'The Aam Aadmi Party is the most successful and exciting start-up by an IIT-ian in the history of India,' former Infosys CFO V Balakrishnan tells Rediff.com's Vicky Nanjappa. V Balakrishnan, the......

CBI files 3 fresh FIRs against Mehul Choksi in Rs 6,700-cr PNB fraud case

The Central Bureau of Investigation has filed three fresh FIRs against absconding diamantaire Mehul Choksi on a complaint from the Punjab National Bank bringing to light an additional Rs 6,746......

Anil Ambani aide and Reliance Power executive arrested by ED

The Enforcement Directorate (ED) has arrested the CFO of industrialist Anil Ambani's group company Reliance Power in a money laundering case linked to issuance of an alleged fake bank guarantee of......

Tata Steel profit surges nearly 4x

Tata Steel on Wednesday reported a 272 per cent year-on-year (Y-o-Y) jump in consolidated net profit, attributable to owners, at Rs 3,101.75 crore in the second quarter of 2025-26 (Q2FY26) led by......

Ashok Leyland logs record profit

Hinduja Group-led Ashok Leyland has posted a record consolidated net profit of Rs 820 crore in the second quarter of 2025-26 (FY26), up 7 per cent from Rs 767 crore during the same quarter last......

Vedanta net profit plunges 59% on exceptional losses

Mining major Vedanta’s consolidated net profit plunged 58.69 per cent year-on-year (Y-o-Y) to Rs 1,798 crore in the second quarter of 2025-26 (Q2FY26), dragged down by exceptional losses booked......

India Inc turns to equity, bonds as cheaper bank loans remain elusive

Indian corporate are increasingly shifting away from bank funding towards alternative sources, such as equity and bond markets, as their deleveraged balance sheets have improved their ability to......

Pele brings sporting stars together for charity auction

Brazilian great, Pele, the only player to claim three World Cup winner’s medals and a man often called the greatest footballer of all time, said all monies raised will help Brazil's fight......

Indian Sports Honours: Meet the winners

IMAGE: Vinesh Phogat, right, is presented the Sportswoman of the Year (Individual Sport) Honour by Pullela Gopichand and Anushka Sharma. Legendary Milkha Singh and star batsmwoman Smriti Mandhana......

NCA COO Ghosh resigns

National Cricket Academy's Chief Operations Officer Toofan Ghosh has become the second high-profile BCCI executive to put in his papers after finance head Santosh Rangnekar. However, it is still......