News for 'companies'

When Will India Produce A Trillion-Dollar Company?

When Will India Produce A Trillion-Dollar Company?

Rediff.com2 May 2026

India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.

Govt body plans legal framework for AI companies

Govt body plans legal framework for AI companies

Rediff.com29 Apr 2026

India's newly formed Artificial Intelligence Governance and Economic Group (AIGEG) is set to advocate for a unified legal framework for AI companies, including developers of large language models and chatbot systems, alongside broader operational rules.

Company Director Commits Suicide In Noida Society

Company Director Commits Suicide In Noida Society

Rediff.com27 Apr 2026

A 37-year-old man allegedly died by suicide after jumping from the 22nd floor of a residential society in Noida, police said.

Tax changes sweeten the deal, making share buybacks attractive for Indian companies

Tax changes sweeten the deal, making share buybacks attractive for Indian companies

Rediff.com6 days ago

Indian companies are increasingly turning to share buybacks as a preferred payout strategy, driven by recent tax framework changes that make them more tax-efficient for non-promoter shareholders and a fall in stock prices.

Ex-Company Officials Get Jail Term In IDBI Fraud Case

Ex-Company Officials Get Jail Term In IDBI Fraud Case

Rediff.com7 days ago

A Delhi court has sentenced three former officials of a company to four years in jail for defrauding the Industrial Development Bank of India (IDBI). The court emphasised that leniency would undermine the justice system and public confidence in the law.

Infosys Ranks As Top Company For Career Growth In India

Infosys Ranks As Top Company For Career Growth In India

Rediff.com28 Apr 2026

Infosys has been recognised as the leading company for career growth in India, according to LinkedIn's '2026 Top Companies' list. The list, dominated by tech firms, consulting giants, and financial institutions, also features Accenture, Amazon, JPMorgan Chase, and SAP in the top five.

700 CAPF companies to stay in Bengal after polls: EC

700 CAPF companies to stay in Bengal after polls: EC

Rediff.com29 Apr 2026

Around 700 companies of Central Armed Police Forces (CAPF) will continue to remain deployed across West Bengal after the completion of polling, an Election Commission official said on Wednesday.

Thane Company Directors Accused of Rs 4.31 Crore Investment Fraud

Thane Company Directors Accused of Rs 4.31 Crore Investment Fraud

Rediff.com17 Apr 2026

Police in Thane, Maharashtra, have registered a case against a company and its directors for allegedly defrauding investors of over Rs 4.31 crore through various investment schemes.

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

Rediff.com21 Apr 2026

Companies listed on the National Stock Exchange (NSE) main board increased their Corporate Social Responsibility (CSR) expenditure by 23 per cent year-on-year to Rs 22,212 crore in 2024-25 (FY25), driven by a significant jump in average net profits, according to a PRIME Database Group report.

Jharkhand Police Arrest Seven in Extortion Case Targeting Construction Company

Jharkhand Police Arrest Seven in Extortion Case Targeting Construction Company

Rediff.com12 Apr 2026

Police in Seraikela, Jharkhand, have arrested seven individuals for allegedly attempting to extort Rs 5 lakh from a construction company building a culvert in Pitaklaag village. The suspects threatened workers and supervisors, demanding money to allow the construction to continue.

Couple Banned from UK Companies for Breaching Disqualification Order

Couple Banned from UK Companies for Breaching Disqualification Order

Rediff.com5 Apr 2026

An Indian-origin couple in the UK has been sentenced for breaching a disqualification order, operating companies despite a ban imposed after tax fraud claims.

Sebi extends IPO timelines, eases public float rules for companies

Sebi extends IPO timelines, eases public float rules for companies

Rediff.com8 Apr 2026

Amidst heightened market volatility and muted investor sentiment, the Securities and Exchange Board of India (Sebi) has announced one-time relaxations for initial public offering (IPO) timelines and minimum public shareholding requirements, providing relief to numerous companies.

Wipro's Board Approves Mega Rs 15,000 Crore Share Buyback, Largest in Company History

Wipro's Board Approves Mega Rs 15,000 Crore Share Buyback, Largest in Company History

Rediff.com16 Apr 2026

IT services giant Wipro's board has given the green light to a massive Rs 15,000 crore share repurchase programme, aiming to buy back over 5 per cent of its equity, or up to 60 crore shares, from shareholders at Rs 250 per share, reflecting an 18 per cent premium.

Government Penalises Companies for CSR Violations

Government Penalises Companies for CSR Violations

Rediff.com17 Mar 2026

The Indian government has imposed penalties totalling nearly 20 crore on various companies for non-compliance with Corporate Social Responsibility (CSR) norms over the past three financial years, as revealed in the Rajya Sabha.

Paint companies raise prices as crude oil and gas costs surge

Paint companies raise prices as crude oil and gas costs surge

Rediff.com4 Apr 2026

Major paint companies in India, including Asian Paints, Berger Paints, Akzo Paints, and Kansai Nerolac, have announced price hikes ranging from 1% to 8% across various product lines, effective from mid-March to late April, in response to persistently high crude oil and gas prices.

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Indian IT companies to increase acquisition spending to $6.5-7 billion this year

Rediff.com6 Apr 2026

Indian IT services companies are set to significantly increase their acquisition spending to $6.5-7 billion this year, up from $5 billion last year, as they seek to boost revenue and capabilities in areas like Cloud, data, enterprise platforms, and AI amidst a challenging economic environment.

Cyber Criminals Impersonate Company Owner, Swindle Accountant in Hyderabad

Cyber Criminals Impersonate Company Owner, Swindle Accountant in Hyderabad

Rediff.com21 Mar 2026

Cyber criminals impersonated a company owner to defraud an accountant of a substantial sum in Hyderabad.

How Cyber Criminals Impersonated Company Owner to Scam Accountant

How Cyber Criminals Impersonated Company Owner to Scam Accountant

Rediff.com21 Mar 2026

Cyber criminals impersonated a company owner to deceive an accountant into transferring a large sum of money.

OnePlus India CEO Robin Liu Resigns - Company Updates India Operations

OnePlus India CEO Robin Liu Resigns - Company Updates India Operations

Rediff.com25 Mar 2026

Robin Liu steps down as India CEO of OnePlus. The company shares key updates on its India operations and future strategy. Here's what it means for the brand and market.

Hampton Sky Realty Claims Innocence After Director's Arrest

Hampton Sky Realty Claims Innocence After Director's Arrest

Rediff.com2 days ago

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.

CBI Files Chargesheet Against Sequel Buildcon In Homebuyer Fraud Case

CBI Files Chargesheet Against Sequel Buildcon In Homebuyer Fraud Case

Rediff.com12 hours ago

The CBI has filed a chargesheet against Sequel Buildcon Private Limited for allegedly cheating homebuyers and siphoning off funds issued by PNB Housing Finance for a Noida-based project.

Punjab Minister Arora In ED Custody Over Money Laundering Allegations

Punjab Minister Arora In ED Custody Over Money Laundering Allegations

Rediff.com1 days ago

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.

CBI Raids Reliance ADA Group Offices In Mumbai

CBI Raids Reliance ADA Group Offices In Mumbai

Rediff.com2 days ago

The CBI conducted searches at 17 premises in Mumbai related to Reliance ADA Group companies, including Reliance Telecom and Reliance Finance, concerning alleged diversion of bank funds and losses to banks and LIC.

East India Company Shuts Down Again

East India Company Shuts Down Again

Rediff.com27 Feb 2026

The East India Company, revived by Indian businessman Sanjiv Mehta in 2010, has ceased operations and entered liquidation, marking the end of its modern incarnation.

Tree Fall From Construction Site Injures Two In Mumbai

Tree Fall From Construction Site Injures Two In Mumbai

Rediff.com11 hours ago

A teenage girl and a 21-year-old woman were seriously injured after a tree fell from a construction site onto their auto-rickshaw in Mumbai. Police have registered an FIR against the construction company.

Formula One embraces AI revolution as teams chase competitive edge

Formula One embraces AI revolution as teams chase competitive edge

Rediff.com3 days ago

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.

Report Reveals Collusion in Pune Land Deal Involving Parth Pawar's Company

Report Reveals Collusion in Pune Land Deal Involving Parth Pawar's Company

Rediff.com25 Mar 2026

A committee investigating the sale of government land in Pune to a company co-owned by Parth Pawar has found that officials from revenue, stamp, and registration departments facilitated the illegal transaction.

Piramal Pharma looks to return on growth path

Piramal Pharma looks to return on growth path

Rediff.com3 days ago

Piramal Pharma anticipates a significant turnaround in financial year 2026-27 (FY27), projecting early-to-mid teens revenue expansion and a sharp improvement in profitability, driven by improved business momentum, new product acquisitions, and structural tailwinds.

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Rediff.com3 days ago

IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.

Adobe Expands India Presence With New Noida Office

Adobe Expands India Presence With New Noida Office

Rediff.com3 days ago

Adobe has announced the opening of a new office in Noida, its seventh in India. The new campus will house over 700 employees and signifies Adobe's continued focus on driving innovation from India.

Sexual Harassment Allegations: Delhi CEO Faces Police Probe

Sexual Harassment Allegations: Delhi CEO Faces Police Probe

Rediff.com3 days ago

Delhi Police have registered a case against the CEO of a south Delhi-based company following a complaint by a former intern alleging sexual harassment, intimidation, and abuse of authority.

Why Paytm Is Steering Clear Of An NBFC Licence

Why Paytm Is Steering Clear Of An NBFC Licence

Rediff.com4 days ago

Paytm, operated by One97 Communications, is not actively seeking a non-banking financial company (NBFC) licence, preferring partnership models for lending operations, according to its Group CFO.

M&M refines supply chain strategy to counter global disruptions

M&M refines supply chain strategy to counter global disruptions

Rediff.com4 days ago

Mahindra & Mahindra (M&M) is implementing a comprehensive, multi-layered strategy to fortify its supply chains against geopolitical volatility, logistical challenges, and regulatory risks, drawing lessons from recent global disruptions.

Dabur's robust India biz showing lifts shares

Dabur's robust India biz showing lifts shares

Rediff.com2 days ago

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.

'Quality Companies To Lead Next IPO Wave'

'Quality Companies To Lead Next IPO Wave'

Rediff.com13 Mar 2026

'The next phase of India's IPO cycle will be defined by quality, pricing discipline and investor selectivity.'

Why Paytm Is Not Pursuing An NBFC Licence

Why Paytm Is Not Pursuing An NBFC Licence

Rediff.com4 days ago

Fintech giant One97 Communications, which operates Paytm, has decided against applying for a Non-Banking Financial Company (NBFC) licence, favouring its existing partnership model.

Man Murders Family In Jamshedpur Over Dispute

Man Murders Family In Jamshedpur Over Dispute

Rediff.com16 hours ago

A man in Jamshedpur, Jharkhand, allegedly murdered his wife, pregnant daughter, and son with an axe following a family dispute.

CBI Files Chargesheet In Builder-Banker Nexus Case

CBI Files Chargesheet In Builder-Banker Nexus Case

Rediff.com3 days ago

The CBI has filed a chargesheet against Shubhkamna Buildtech Pvt Ltd and its directors, its sixth in the Supreme Court-directed probe into the builder-banker nexus case, officials said Friday.

Enforcement Directorate Conducts Raids In Punjab, Chandigarh

Enforcement Directorate Conducts Raids In Punjab, Chandigarh

Rediff.com4 days ago

The Enforcement Directorate conducted searches at multiple locations in Punjab and Chandigarh as part of a money laundering investigation against certain builders and real estate companies in an alleged land fraud case.

Biocon Succession Plan: Kiran Mazumdar-Shaw Names Claire Mazumdar as Future Leader

Biocon Succession Plan: Kiran Mazumdar-Shaw Names Claire Mazumdar as Future Leader

Rediff.com5 days ago

Kiran Mazumdar-Shaw names niece Claire Mazumdar as successor at Biocon. Explore the leadership transition, strategy, and future plans.