News for 'company'

Delhi Police Busts Fake Mobile Accessories Racket

Delhi Police Busts Fake Mobile Accessories Racket

Rediff.com10 May 2026

Delhi Police dismantled a counterfeit mobile phone accessories manufacturing and packaging operation in central and west Delhi, arresting two individuals involved in selling fake products under well-known brand names.

SC urges Kapur family to settle RK Family Trust dispute through mediation

SC urges Kapur family to settle RK Family Trust dispute through mediation

Rediff.com4 days ago

The Supreme Court has urged the Kapur family, including Rani Kapur and Priya Kapur, to resolve their dispute over the family trust through mediation, appointing a former Chief Justice to oversee the process.

Godrej Properties to raise Rs 3,000 crore via NCDs

Godrej Properties to raise Rs 3,000 crore via NCDs

Rediff.com5 May 2026

Godrej Properties Limited (GPL) reported its highest-ever quarterly profit of 649.5 crore in Q4 FY26, a 70.13 per cent year-on-year increase, driven by record revenues and bookings. The company aims for over 39,000 crore in residential bookings for FY27 and plans to raise up to 3,000 crore through debt securities.

Suvendu Adhikari Promises To Restore Voter Rights In Falta

Suvendu Adhikari Promises To Restore Voter Rights In Falta

Rediff.com1 days ago

West Bengal Chief Minister Suvendu Adhikari has alleged that the people of Diamond Harbour have been unable to exercise their voting rights for a decade. He assured people that the scenario has now changed, and the May 21 repolling in the Falta Assembly seat will re-establish voter rights.

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Rediff.com5 May 2026

Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.

Global Headwinds Drive Rs 27,000 Crore FPI Outflow from Indian Equities in May

Global Headwinds Drive Rs 27,000 Crore FPI Outflow from Indian Equities in May

Rediff.com1 days ago

Foreign Portfolio Investors (FPIs) have withdrawn Rs 27,048 crore from Indian equities so far in May, bringing the total outflows for 2026 to Rs 2.2 lakh crore, driven by global macroeconomic and geopolitical uncertainties.

Did Trump, Xi Reset US-China Relations?

Did Trump, Xi Reset US-China Relations?

Rediff.com3 days ago

US President Donald Trump concluded his Beijing summit with Chinese President Xi Jinping, describing it as 'incredible' and highlighting 'fantastic trade deals' and a 'very strong' relationship between the two leaders.

Hyundai Motor India's Q4 Profit Declines 22.2% to Rs 1,255.63 Crore

Hyundai Motor India's Q4 Profit Declines 22.2% to Rs 1,255.63 Crore

Rediff.com8 May 2026

Hyundai Motor India Ltd reported a 22.22 per cent decline in consolidated profit after tax to Rs 1,255.63 crore in the March quarter, primarily due to higher expenses, despite an increase in total revenue from operations.

Odisha govt slaps Rs 233 crore penalty on Vedanta for 'illegal' water extraction

Odisha govt slaps Rs 233 crore penalty on Vedanta for 'illegal' water extraction

Rediff.com4 May 2026

The Odisha government has issued a notice to Vedanta Aluminium Limited, Jharsuguda, demanding 233.11 crore for allegedly extracting over 30 lakh cubic metres of water monthly from the Bheden river system without authorisation between May 2025 and April 2026, a charge the company denies, claiming compliance with existing agreements.

Uber Partners With Adani Group For First India Data Centre

Uber Partners With Adani Group For First India Data Centre

Rediff.com5 days ago

Uber is set to establish its first data centre in India in partnership with the Adani Group, the company's CEO Dara Khosrowshahi said.

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.

India fuel retailers face credit strain as high oil prices persist, says Fitch

India fuel retailers face credit strain as high oil prices persist, says Fitch

Rediff.com5 May 2026

Fitch Ratings has warned that India's oil marketing companies (OMCs) could face significant credit pressure if crude oil prices remain elevated, leading to eroded earnings and increased working capital needs due to delayed fuel price pass-through.

Preferential Equity Listings Hit Record High in FY26 Amid Market Volatility

Preferential Equity Listings Hit Record High in FY26 Amid Market Volatility

Rediff.com5 May 2026

Preferential equity listings in India reached an unprecedented 1,307 in FY26, marking a 33% increase from the previous year and reflecting a strategic choice for companies during market volatility.

'We will keep the consumer at the centre, use technology to optimise, and continue investing behind brands to drive volume-led penetration'

'We will keep the consumer at the centre, use technology to optimise, and continue investing behind brands to drive volume-led penetration'

Rediff.com7 days ago

"Our strategy has always been to focus on volume-led penetration growth," said Manish Tiwary, chairman and managing director, Nestle India.

'Don't Know Whether Vijay Understands...'

'Don't Know Whether Vijay Understands...'

Rediff.com2 days ago

'...the enormous responsibility and faith the youth has put on his shoulders, that he is going to solve their problems.'

Sterlite Technologies To Boost US Manufacturing With $100 Million Investment

Sterlite Technologies To Boost US Manufacturing With $100 Million Investment

Rediff.com6 May 2026

Sterlite Technologies plans to invest up to USD 100 million in the US to strengthen its manufacturing capacity for AI data centres and telecom customers.

SC refuses to interfere in NCLAT order restoring Byju's committee of creditors

SC refuses to interfere in NCLAT order restoring Byju's committee of creditors

Rediff.com5 May 2026

The Supreme Court has dismissed an appeal by Byju Raveendran, upholding the NCLAT's decision to reinstate the original Committee of Creditors (CoC) in Think & Learn Private Ltd's insolvency proceedings, which includes Glass Trust Company LLC as a major lender.

Why Was Ex-Minister Sujit Bose Sent To ED Custody?

Why Was Ex-Minister Sujit Bose Sent To ED Custody?

Rediff.com5 days ago

A city court has remanded former West Bengal minister Sujit Bose to Enforcement Directorate (ED) custody until May 21 in connection with the alleged municipal recruitment scam. Bose, a Trinamool Congress leader, was arrested after questioning and is accused of concealing information and making contradictory statements.

Paternity Leave For Private Sector On Cards?

Paternity Leave For Private Sector On Cards?

Rediff.com4 days ago

Male central government employees are entitled to 15 days under service rules and provisions in the private sector depends on the company's policy.

Increasing the number of policy sales will be a key focus area for SBI Life

Increasing the number of policy sales will be a key focus area for SBI Life

Rediff.com6 May 2026

"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

Rediff.com6 days ago

A software engineer earning a high salary allegedly abandoned his career to run a fake online trading racket, duping investors of nearly Rs 100 crore.

How Krutrim Became India's First AI Unicorn

How Krutrim Became India's First AI Unicorn

Rediff.com5 May 2026

Krutrim, India's first AI unicorn, has successfully repositioned itself as a focused domestic AI Cloud Services provider, reporting its first annual net profit in FY26.

Defence Stocks Soar on Geopolitical Tensions, Indigenisation Push

Defence Stocks Soar on Geopolitical Tensions, Indigenisation Push

Rediff.com4 days ago

Indian defence stocks have seen an average year-on-year gain of 67 per cent, driven by renewed interest following 'Operation Sindoor' and a broader increase in global geopolitical tensions, with the combined market capitalisation of 18 firms increasing by approximately 2.3 trillion.

India's Biggest Petrol Price Hikes Over The Last 20 Years

India's Biggest Petrol Price Hikes Over The Last 20 Years

Rediff.com3 days ago

Over the past two decades, India has witnessed several major petrol price hikes, driven by global crude oil fluctuations, economic crises, currency depreciation and geopolitical conflicts. How did we get from Rs 34 to over Rs 100 today

Why Bombay HC Is Concerned About Child Custody Case

Why Bombay HC Is Concerned About Child Custody Case

Rediff.com6 days ago

The Bombay High Court has expressed concern over a mother's possessiveness in denying her estranged husband visitation rights to their child, emphasising the importance of both parents in a child's life.

Five Naxal Functionaries Surrender In Maharashtra's Gadchiroli

Five Naxal Functionaries Surrender In Maharashtra's Gadchiroli

Rediff.com1 days ago

Five Naxal functionaries, carrying a total bounty of Rs 38 lakh, surrendered in Gadchiroli district, Maharashtra. Additionally, eight Maoists from Maharashtra, Telangana, and Chhattisgarh were arrested during joint operations with the CRPF.

Maruti Suzuki shares gain on strong domestic outlook despite margin concerns

Maruti Suzuki shares gain on strong domestic outlook despite margin concerns

Rediff.com8 May 2026

Maruti Suzuki India's shares gained over 2.5 per cent after a strong March-quarter performance, with analysts maintaining a positive medium-term outlook driven by buoyant domestic market volumes, capacity expansion, and export growth, despite anticipated near-term margin pressures from higher commodity prices and startup costs.

Wholesale Price Inflation Spikes to 42-month high of 8.3%

Wholesale Price Inflation Spikes to 42-month high of 8.3%

Rediff.com4 days ago

India's wholesale price inflation surged to 8.30 per cent in April, up from 3.88 per cent in March, primarily driven by a significant increase in the prices of fuel, power, and crude petroleum, according to data from the commerce and industry ministry.

Why Paytm Shares Soared After Profit Announcement

Why Paytm Shares Soared After Profit Announcement

Rediff.com7 May 2026

Shares of One97 Communications, which operates the Paytm brand, experienced a significant jump after the company reported a consolidated profit for the January-March quarter.

Akhilesh cuts ties with I-PAC for 2027 UP Polls

Akhilesh cuts ties with I-PAC for 2027 UP Polls

Rediff.com6 May 2026

The Samajwadi Party has ended its association with the Indian Political Action Committee (I-PAC) due to a lack of funds, according to party president Akhilesh Yadav.

Fake Branded Jeans Manufacturing Racket Busted In Delhi

Fake Branded Jeans Manufacturing Racket Busted In Delhi

Rediff.com3 days ago

Delhi Police busted a counterfeit garment manufacturing racket in Naraina Industrial Area, seizing over 3,400 fake branded jeans, forged labels, and stitching machines.

Sexual Harassment Allegations Lead To Case Against Delhi CEO

Sexual Harassment Allegations Lead To Case Against Delhi CEO

Rediff.com8 May 2026

Delhi Police have registered a case against the CEO of a digital marketing firm following a sexual harassment complaint filed by a former intern.

Indian Companies Outpace Global Peers in AI Implementation, Reveals Deloitte Report

Indian Companies Outpace Global Peers in AI Implementation, Reveals Deloitte Report

Rediff.com22 Mar 2026

A Deloitte report reveals that Indian enterprises are leading the world in large-scale AI adoption, but are facing a significant skills gap in AI expertise.

Nashik TCS officer denied bail over inaction on sexual harassment complaint

Nashik TCS officer denied bail over inaction on sexual harassment complaint

Rediff.com1 days ago

A Nashik court has denied bail to a TCS site head, Ashwini Chainani, in a sexual harassment and conversion case, citing her failure to act on the victim's complaints. The court also rejected bail for other accused individuals in the case.

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached assets worth over 581 crore belonging to Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL), companies of Reliance Group Chairman Anil Ambani, as part of an ongoing investigation.

Thane Wall Collapse: Negligence Case Filed After Worker's Death

Thane Wall Collapse: Negligence Case Filed After Worker's Death

Rediff.com3 days ago

Police in Thane, Maharashtra, have filed a case against three individuals, including a safety manager, for causing death by negligence after a 22-year-old worker died in a wall collapse during construction in December 2024.

Gurugram Woman Strangled, Body Found Hidden Under Bed

Gurugram Woman Strangled, Body Found Hidden Under Bed

Rediff.com5 days ago

A 22-year-old woman was allegedly strangled to death in a village near Manesar, Gurugram, and her body was found hidden under a bed in a neighbour's room, police said.

Mumbai Doctor Scammed Out of 10,000 by Cyber Criminals Impersonating Gas Company

Mumbai Doctor Scammed Out of 10,000 by Cyber Criminals Impersonating Gas Company

Rediff.com10 Apr 2026

A 72-year-old doctor in Mumbai was defrauded of 10,000 by cyber criminals posing as Mahanagar Gas Limited personnel who tricked him into downloading a malicious file.

J-K Tightens Rules for Courier Companies to Curb Drug Trafficking

J-K Tightens Rules for Courier Companies to Curb Drug Trafficking

Rediff.com13 Mar 2026

The Jammu and Kashmir government has issued an order regulating courier companies, parcel services, and logistics operators in Jammu district to prevent the transport of contraband substances.

IBC-tax law mismatch clouds loss carry-forward benefits

IBC-tax law mismatch clouds loss carry-forward benefits

Rediff.com2 May 2026

A growing conflict between India's insolvency law and tax rules is creating fresh uncertainty for companies undergoing resolution, with tax authorities increasingly denying the benefit of carrying forward past losses even after resolution plans have been approved by the National Company Law Tribunal (NCLT).