News for 'company-developments'

Pune Firm Unveils Diabetes-Control Implant

Pune Firm Unveils Diabetes-Control Implant

Rediff.com19 Nov 2025

This innovation works by stimulating our natural organs so that it can produce and maintain the insulin balance.

'I've Not Backstabbed Anybody'

'I've Not Backstabbed Anybody'

Rediff.com18 Nov 2024

'They are attacking my wife; they are attacking our 13-month-old daughter. They are saying that I do drugs.' 'I'm giving an open challenge to Mr Nawab Malik and Ms Sana Malik let's go to the labs and let's do the medical test of our family and your family.'

'AI Has Pushed India 5 To 7 Years Behind!'

'AI Has Pushed India 5 To 7 Years Behind!'

Rediff.com19 Sep 2024

'Unfortunately, most of our students use AI to replace knowledge when they should be using the AI tools to enhance their knowledge.' 'I am sorry to say, even those students who have opted to study AI have no idea what AI is.'

Apple warns iPhone users of Pegasus-like spyware attacks

Apple warns iPhone users of Pegasus-like spyware attacks

Rediff.com11 Apr 2024

iPhone maker Apple has warned its users about ongoing Pegasus-like sophisticated spyware attacks that target a very small number of individuals often journalists, activists, politicians and diplomats.

'Chandrayaan demonstrates the skill of India, and its people'

'Chandrayaan demonstrates the skill of India, and its people'

Rediff.com8 Dec 2023

'ISRO's style is a terrific example of being able to survive, acknowledge failures, and then most importantly of all, learn from them to ensure that subsequent missions are successful.'

'We are looking at flying an Indian into space'

'We are looking at flying an Indian into space'

Rediff.com8 Dec 2023

'It's vital that over the next 10 years, that India, the US and the Artemis Accords family of nations come together to ensure that we not only return humanity to the moon, but that we build the technology that will allow us stay there permanently.' 'And then go on to Mars.'

Italy becomes first EU country to ban ChatGPT, to probe privacy breach

Italy becomes first EU country to ban ChatGPT, to probe privacy breach

Rediff.com1 Apr 2023

With this, Italy becomes the first European country to block the advanced Artificial Intelligence software, which is capable of emulating and elaborate human conversations among other actions.

Vi plans to get back in the game but fundraising a challenge

Vi plans to get back in the game but fundraising a challenge

Rediff.com7 Feb 2023

Vodafone-Idea is working on a multi-pronged strategy to begin its long journey to get back in the game but much hinges on how much money it can raise following the government's decision to go for equity conversion last week. Based on discussions with sources aware of the company developments and with vendors, VIL's immediate plan is to invest in increasing 4G coverage to the level of its competitors. Currently, it covers a 1 billion population with 4G while its competitors cover 1.2 billion people.

Zerodha co-founder Nikhil Kamath invests in drone start-up Omnipresent Robot Tech

Zerodha co-founder Nikhil Kamath invests in drone start-up Omnipresent Robot Tech

Rediff.com17 Feb 2022

Zerodha and True Beacon co-founder Nikhil Kamath, along with Abhijeet Pai, has invested in Omnipresent Robot Tech through their investment arm Gruhas Proptech. This round also saw co-investments from Kavin Shah, and other individual high networth individual (HNIs), according to a statement released on Thursday. However, the amount invested by Kamath and Pai has not been disclosed.

With Rs 4.2 trn m-cap, Adani Green is now India's 10th most valued firm

With Rs 4.2 trn m-cap, Adani Green is now India's 10th most valued firm

Rediff.com12 Apr 2022

Adani Green Energy entered the list of top-10 most valued companies in terms of market capitalisation (m-cap) in the country on Monday after its stock price zoomed 16.3 per cent to hit a new high of Rs 2,701.6 on the BSE. Adani Green Energy's m-cap now stands at Rs 4.22 trillion, surpassing Bharti Airtel, which has an m-cap of Rs 4.16 trillion. With today's rally, the stock has zoomed about 25 per cent in the last two trading days after UAE's International Holding Company (IHC) agreed to invest Rs 3,850 crore in Adani Green Energy through preferential issue.

RInfra gets shareholders nod to raise up to Rs 550.56 cr

RInfra gets shareholders nod to raise up to Rs 550.56 cr

Rediff.com7 Jul 2021

Reliance Infrastructure Ltd on Wednesday said its shareholders have approved raising funds up to Rs 550.56 crore through issuance of shares on a preferential basis. The funds raised would be utilised for long-term resources, for general corporate purposes and to fund future growth, the company said in a regulatory filing.

Adani Green zooms 50% in 14 trading days

Adani Green zooms 50% in 14 trading days

Rediff.com20 Jan 2022

Shares of Adani Green Energy (AGEL) continued their upward movement, hitting a new high of Rs 1,955.90, up 2.6 per cent on the BSE in Wednesday's intra-day trade in an otherwise weak market. The S&P BSE Sensex was down 0.77 per cent at 60,285 at 11:01 am. In the past 14 trading sessions, the stock of the renewable energy arm of the diversified Adani Group has zoomed 50 per cent from Rs 1,307.05 on December 30, 2021. In comparison, the S&P BSE Sensex was up 4.3 per cent during the same period.

Airport PPPs on a crowded runway; private sector bids could be subdued

Airport PPPs on a crowded runway; private sector bids could be subdued

Rediff.com30 May 2022

Airports hold pride of place in the government's National Monetisation Pipeline (NMP) programme to monetise public assets. Private airport operators, including the Adani group, Fairfax, GMR and Zurich Airport, are expected to evince interest in the next round of public private partnership (PPP) development of state-owned Airport Authority of India (AAI) airports. Industry analysts, however, do not expect bids to be as high as the last round, which saw Adani group gain control of six airports.

Indian soldiers get 'Trishul', 'Vajra' to tackle Chinese PLA

Indian soldiers get 'Trishul', 'Vajra' to tackle Chinese PLA

Rediff.com18 Oct 2021

A start-up firm in Noida said soon after the Galwan Valley clash, it was tasked by the Indian security forces to provide them equipment to be able to tackle the Chinese and they have provided them solutions in the form of non-lethal weapons inspired by the traditional Indian weapons like the 'Trishul' of Lord Shiva.

IOC renews deal to buy up to 2 MT of oil from Russia's Rosneft

IOC renews deal to buy up to 2 MT of oil from Russia's Rosneft

Rediff.com7 Dec 2021

Indian Oil Corporation (IOC), the nation's largest oil firm, has renewed a deal to buy up to 2 million tonnes of crude oil in 2022 from Russia's Rosneft, the Russian oil producer said. IOC had in February 2020 signed a deal with Rosneft Oil Company to import up to 2 million tonnes of oil via the port of Novorossiysk. In 2021, the deal envisaged supply of up to 1.7 million tonnes of crude oil but IOC bought just on parcel or shipload as the cost of transporting the oil made it uneconomical, when compared to alternatives. For 2022, the deal is for the supply of up to 2 million tonnes of oil from the Black Sea port of Novorossiysk.

Tata group companies outshine the market under N Chandrasekaran

Tata group companies outshine the market under N Chandrasekaran

Rediff.com20 Jan 2022

The group began to outperform the broader market only with the onset of the pandemic in March 2020 while earlier it was largely keeping pace with the Sensex. The group's market cap is up 164.4 per cent since the end of March 2020 against a 105 per cent rally in the Sensex.

Bharat Biotech has two more Covid vaccines in pipeline

Bharat Biotech has two more Covid vaccines in pipeline

Rediff.com16 Jan 2021

First a scientist and then a businessman, founder chairman Krishna Ella quit his faculty position at the Medical University of South Carolina in Charleston, United States, in 1996 to return to India.

How Nestle got Japan to drink Coffee

How Nestle got Japan to drink Coffee

Rediff.com18 Jul 2020

Japan today imports 500,000 tons of coffee annually. Barely 60 years earlier, it was a market that hardly sold a cup! Ad guru Sandeep Goyal reveals how Nestle won the Coffee versus Tea Battle.

How Toyota, Suzuki plan to beat slowdown in auto industry

How Toyota, Suzuki plan to beat slowdown in auto industry

Rediff.com29 Aug 2019

While Toyota will acquire 4.94 per cent shares of Suzuki, worth $ 908 million, the latter will make a $ 454-million investment in the biggest automaker of Japan. Premium products from the Maruti stable such as the Baleno, Ciaz and Vitara Brezza will be sold under the Toyota brand with small changes.

Defence salary bill leaves less for new weapons

Defence salary bill leaves less for new weapons

Rediff.com8 Jul 2019

Most of the scanty 6.35% rise in the defence budget is accounted for by manpower and running expenses.

Old India is still sceptical about investing in start-ups

Old India is still sceptical about investing in start-ups

Rediff.com16 Aug 2019

Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from startups for income tax exemption had been approved as of February 2019, according to an answer to a Parliament question. As India's startup space bubbles with activity - new, young players are tapping into opportunities opening up - there are local anti-portfolio stories circulating about investors missing opportunities in 'unicorns', or companies that have reached valuation of $ 1 billion, says Vandana Gombar.

COVID-19 vaccine: 'You can't give false hope'

COVID-19 vaccine: 'You can't give false hope'

Rediff.com14 Jul 2020

'We are going ahead with the trials assuming what we have is the vaccine.' 'There is also a chance that what you have is not the vaccine. Then, you have to go back to the drawing board again.' 'So far, there has been no success in developing a good vaccine against coronaviruses.' 'That's why there are hundreds of trials going on at different stages in different parts of the world.'

How Amrapali's Anil Sharma had a great fall

How Amrapali's Anil Sharma had a great fall

Rediff.com26 Jul 2019

Cut to 2019, and his name evokes grief and anger among more than 40,000 homebuyers who are fighting for the keys to their flats, which they should have rightfully got more than seven years back.

How TCS is tweaking its business

How TCS is tweaking its business

Rediff.com16 Aug 2018

TCS plans to build ignio as a standalone company.

With revenue of $31 mn, ignio is another feather in TCS cap

With revenue of $31 mn, ignio is another feather in TCS cap

Rediff.com14 Aug 2018

ignio has more than 75 patents filed in the artificial intelligence, machine-learning and intelligent-automation space

6-person core group manipulated accounts at PMC Bank

6-person core group manipulated accounts at PMC Bank

Rediff.com7 Oct 2019

Only when the RBI inspection started on September 19 did they realise that their game was up and one of them had sent a letter to the central bank, leading to the RBI crackdown, report Anup Roy and Subrata Panda.

Is there a 'right business strategy' for India?

Is there a 'right business strategy' for India?

Rediff.com4 Jul 2011

Does it depend on the company's context - and a true understanding of its core competences?

Toyota mulls small car in India, on Etios platform

Toyota mulls small car in India, on Etios platform

Rediff.com7 Dec 2010

The proposed car is likely to be built on the platform the company developed for its much awaited sedan, Etios, launched last week in the country.

Ratan Tata invests in Moglix, Invictus Oncology

Ratan Tata invests in Moglix, Invictus Oncology

Rediff.com8 Feb 2016

This is Tata's seventh investment this year.

Leadership: Infosys among top 20 firms

Leadership: Infosys among top 20 firms

Rediff.com18 Feb 2010

The annual study by Hay Group, in partnership with Bloomberg BusinessWeek.com, ranked the best companies for leadership globally and examined how those companies develop leaders.

Bots may soon replace human workers at client sites

Bots may soon replace human workers at client sites

Rediff.com5 Apr 2018

Experts, however, are of the opinion that a world manned mostly by bots is still some time away. Also, new jobs -- of bot builders and supervisors -- will emerge with time.

Siemens IT arm sacks 500 employees

Siemens IT arm sacks 500 employees

Rediff.com13 Jul 2009

Siemens Information Systems, a business unit of Siemens India, part of German technology giant Siemens is understood to have laid off around 500 people over the last five days.

Toyota's alcolock can prevent drunk driving

Toyota's alcolock can prevent drunk driving

Rediff.com1 Sep 2009

Fitted with a digital camera, the alcolock locks the ignition if it detects that the driver has drunk too much, or is under the legal limit, and gives the motorist a warning.

RIL SEZ lays off workers

RIL SEZ lays off workers

Rediff.com19 Nov 2008

'We have discontinued or replaced certain contractual staff, total number not exceeding double digits, in the north India operations involved in activities under the discretionary cost head,' a Reliance Industries spokesperson said in reply to an e-mailed query sent by Business Standard. According to some employees, who claimed to have been retrenched, the number of laid-off people is much higher. However, the company denies this.

Tata to soup up super computer Eka

Tata to soup up super computer Eka

Rediff.com14 May 2009

The Tata group, however, is not lying low. It is now planning to increase the supercomputer's processing power by at least five times, under a project titled Eka plus plus (Eka++). The Computational Research Laboratories--a subsidiary of the Tata group's holding company Tata Sons--has already started work on this front.

No conflict of interest, clarifies Deepak Kochhar

No conflict of interest, clarifies Deepak Kochhar

Rediff.com5 Apr 2018

'When Pinnacle Trust bought the stake of Supreme Energy, it included a liability of Rs 640 million. The purchase was at a fair market value (prevailing price) of Rs 8.80 per share,' Deepak Kochhar said in a telephonic conversation with Business Standard.

31 Indian cos to participate in Gitex

31 Indian cos to participate in Gitex

Rediff.com29 Aug 2007

Thirty-one Indian companies, under the aegis of Electronics and Computer Software Export Promotion Council, will showcase their capabilities at the Gitex Dubai 2007, the largest IT show in the region.

Now, Tata Motors joins the race to save Indian cities

Now, Tata Motors joins the race to save Indian cities

Rediff.com22 Dec 2015

It is keen on electric cars as battery costs go down

How a start-up is saving the lives of cancer patients

How a start-up is saving the lives of cancer patients

Rediff.com21 Sep 2016

Mitra Biotech's personalised cancer therapy could be a game changer in the field of cancer medicine.

Facebook launches Lite in India to tap users with slow net

Facebook launches Lite in India to tap users with slow net

Rediff.com1 Jul 2015

Globally, Facebook has 1.4 billion people on its network.