Indian companies are increasingly opting for demergers, with 29 deals valued at over $40 billion in 2025 alone, marking a 10-year high, as promoters and boards recognise that markets favour focused businesses over complex conglomerates.
Former IPL Commissioner Lalit Modi, who claims that there is no wrongdoing by him in the legal cases faced by him in India, has said that he was born with "a diamond spoon", has a kingsize lifestyle, travels everywhere and that "Rs 10-12 crore" may not last with him a week.
Former Reliance Communications Group managing director Amitabh Jhunjhunwala has been lodged in Mumbai's Arthur Road Jail after being arrested by the CBI in connection with a multi-crore bank loan fraud case.
The upcoming Tata Sons board meeting in June could possibly throw some light on several critical issues that may have a bearing on the future of the corporate behemoth.
Indian pharmaceutical companies are strategically increasing investments in the US market, focusing on specialty drugs, complex generics, respiratory products, and local manufacturing, despite a nearly 10 per cent fall in exports to the US in FY26 due to pricing pressure and competition in traditional generics.
Kerala Police have arrested eight people in connection with the violent attack on Enforcement Directorate officials who raided the residence of former Chief Minister Pinarayi Vijayan. The investigation is ongoing, and more individuals involved in the violence have been identified.
"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."
Graphite electrode maker TACC has signed an initial agreement with the Institute for Functional Intelligent Materials to collaborate in the fields of advanced materials science, nanotechnology, and related disciplines.
The Enforcement Directorate has attached assets worth Rs 634 crore of a Unitech Group realty project in Noida as part of a money laundering investigation linked to alleged fraud with homebuyers.
Kerala police have arrested four individuals in connection with the violent attack on vehicles carrying Enforcement Directorate (ED) officials who raided former Kerala CM Pinarayi Vijayan's rented house. The arrests followed a stand-off with CPI(M) party workers and leaders.
Cochin Minerals and Rutile Ltd (CMRL) has challenged the Kerala High Court's decision allowing the Enforcement Directorate (ED) to investigate its financial dealings with Veena T, daughter of Kerala's Chief Minister Pinarayi Vijayan. CMRL argues the ED probe lacks jurisdiction and violates natural justice principles.
The Enforcement Directorate conducted searches at the residences of former Kerala chief minister Pinarayi Vijayan and his family members as part of a money laundering probe linked to the CMRL case involving his daughter, Veena Vijayan.
The Enforcement Directorate conducted searches at the residences of former Kerala chief minister Pinarayi Vijayan and his family members as part of its money laundering probe linked to the CMRL case involving his daughter.
Kerala Police have arrested 12 people in connection with the violent attack on Enforcement Directorate officials who had searched the residence of former Kerala Chief Minister Pinarayi Vijayan. The ED searches were linked to financial dealings between Vijayan's daughter's firm and a sand mining company.
BJP leader V Muraleedharan dismisses claims that Prime Minister Narendra Modi would strike a deal with the Congress to target the CPI(M), stating Modi has 'better things to do'. He also questioned Kerala CM Pinarayi Vijayan's concern over ED raids if he has done nothing wrong.
Kerala Police have formed a 30-member SIT to investigate the attack on Enforcement Directorate officials during a search operation at the residence of former Chief Minister Pinarayi Vijayan.
'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'
Seven individuals, including senior executives from manpower firms, have been arrested in connection with alleged irregularities in overtime payments within the Chhattisgarh State Marketing Corp Ltd (CSMCL) during the previous Congress administration. The arrests follow an investigation into fraudulent billing practices and misappropriation of funds.
Police in Nagpur have arrested nine directors of SBL Energy Limited following a deadly explosion at their explosives manufacturing facility that killed 18 workers. A case has been registered against 21 directors and shareholders, and an investigation is underway to determine the cause of the blast and identify safety violations.
The Enforcement Directorate has summoned several farmers in Jaipur as part of an investigation into alleged money laundering and fraudulent land aggregation involving real estate developers.
The Anti-Corruption Bureau/Economic Offences Wing arrested seven individuals, including executives from manpower firms, in connection with alleged irregularities in overtime payments within Chhattisgarh State Marketing Corp Ltd during the previous Congress administration.
Jio Platforms has announced the appointment of Akash Ambani as its managing director for a five-year term, effective from April 9, 2026, as the digital services company prepares for its highly anticipated Initial Public Offering.
India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.
American electric carmaker Tesla has launched the 2026 Model Y Premium rear-wheel drive in India, priced at Rs 50.89 lakh, making it the company's most affordable offering in the country.
The much-awaited board meeting of Tata Sons did not discuss listing of the holding company or a third term for Chairman N Chandrasekaran.
Mother Dairy has launched a naturally degradable milk pouch, a first in India, designed to break down in soil and reduce plastic waste. The new packaging will be used for cow milk across Delhi-NCR starting June 5th.
The Enforcement Directorate has attached properties worth over Rs 1,000 crore as part of its investigation into the alleged Chhattisgarh liquor scam, filing a fresh complaint against four additional accused.
Kerala Home Minister Ramesh Chennithala has condemned the violent attack on Enforcement Directorate (ED) officials' vehicles, alleging a CPI(M) conspiracy to disrupt law and order. He asserted that those involved will face stringent legal action, regardless of their status.
CPI(M) workers clashed with security personnel outside former Chief Minister Pinarayi Vijayan's residence in Kerala during Enforcement Directorate (ED) searches related to the alleged CMRL monthly payment case involving his daughter.
The SIF vertical, which allows MFs to offer complex products to relatively sophisticated investors, has managed to garner scale in just seven months of the launch of the first products.
Odisha's opposition BJD has requested Union Education Minister Dharmendra Pradhan to clarify his family's connection with the Vikas Foundation Trust, which is alleged to have purchased properties in the US. BJP leaders have dismissed the allegations as a smear campaign.
TCS has secured a multi-year deal with Swedish bearings manufacturer SKF to modernise its IT infrastructure and leverage AI for industrial manufacturing.
While the West Asia conflict has led to a drop in patient footfalls, hospitals are seeing higher realisations as international patients increasingly travel for complex, high-end procedures.
Maruti Suzuki India Ltd has launched the Wagon R, India's first flex-fuel car, capable of running on any blend of ethanol and petrol from E20 to E100, aligning with national energy security and sustainability goals.
Kerala Police have booked approximately 300 individuals following an alleged attack on Enforcement Directorate officials and security personnel after a raid linked to former Kerala Chief Minister Pinarayi Vijayan.
A Mumbai court has granted the CBI permission to arrest Amitabh Jhunjhunwala, a former senior executive at Reliance Group, in connection with a case involving the alleged misuse of bank loans. Jhunjhunwala was already in judicial custody in Delhi for a related money laundering case.
Businessman Robert Vadra unconditionally withdrew his petition in the Delhi High Court challenging a trial court order that summoned him in a money laundering case linked to a land deal in Haryana's Shikohpur.
The Enforcement Directorate has frozen 90 bank accounts following searches related to the alleged siphoning of Rs 590 crore of Haryana government funds through IDFC First Bank, involving shell companies and bogus billing for gold purchases.
Tata Consultancy Services has partnered with French artificial intelligence firm Mistral to provide frontier grade AI solution, Mistral Forge, for enterprises across the world.
A Kerala court has dismissed the bail plea of five individuals accused of attacking vehicles carrying Enforcement Directorate (ED) officials. The court cited the severity of the attack, potential impact on society, and ongoing investigation as reasons for denying bail.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances