News for 'construction firm'

Construction firm clerk killed for refusing to inflate diesel bills

Construction firm clerk killed for refusing to inflate diesel bills

Rediff.com9 Sep 2026

A clerk at a private construction firm in Jharkhand's Giridih district was allegedly abducted and murdered after he refused to prepare inflated fuel bills, leading to the arrest of four individuals, including two company employees.

Businessman Booked Over Suicide Of Construction Firm Owner

Businessman Booked Over Suicide Of Construction Firm Owner

Rediff.com29 May 2026

A businessman in Palghar has been booked for allegedly abetting the suicide of a construction firm owner, who ended his life by jumping in front of a train.

Construction Firm Employees Face Charges For Obstructing Kalina-BKC Link Road

Construction Firm Employees Face Charges For Obstructing Kalina-BKC Link Road

Rediff.com6 Jun 2026

Two employees of a construction firm in Mumbai have been booked for allegedly blocking the new Kalina-BKC Link Road with cranes and other materials, leading to an FIR after viral videos and a failure to comply with MMRDA's request to clear the stretch.

Modi's schoolmate wins battle for land with BJP MLA's firm

Modi's schoolmate wins battle for land with BJP MLA's firm

Rediff.com7 days ago

An 81-year-old man, Asgarali Vohra, who claims to be a schoolmate of Prime Minister Narendra Modi, has found relief in a long-standing land dispute. After Vohra met PM Modi to appeal for a CBI probe, a firm linked to a BJP MLA, Seven Eleven Construction, backed down, surrendering its construction permit and withdrawing a police complaint against Vohra. The dispute involved a prime plot in Palghar district that Vohra bought in 1989, which he alleged was encroached upon by two firms.

Tata Trusts firm on keeping Tata Sons unlisted, board to explore alternatives

Tata Trusts firm on keeping Tata Sons unlisted, board to explore alternatives

Rediff.com4 days ago

Tata Trusts, the majority shareholder of Tata Sons, has stated its firm opposition to the holding company's public listing, revealing that the Tata Sons board will meet again to explore all available alternatives to listing.

Why Fund Managers Are Avoiding IT Stocks

Why Fund Managers Are Avoiding IT Stocks

Rediff.com9 Sep 2026

IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.

Tata Chemicals Vows to Resolve Outstanding Issues After Kenya's Shutdown Order

Tata Chemicals Vows to Resolve Outstanding Issues After Kenya's Shutdown Order

Rediff.com4 Sep 2026

Tata Chemicals has stated its commitment to resolving outstanding issues with the Kenyan government after President William Ruto reportedly ordered its subsidiary, Tata Chemicals Magadi Ltd, to cease operations, citing a lack of benefit to citizens.

Can India Fix Its Growing Student Housing Crisis?

Can India Fix Its Growing Student Housing Crisis?

Rediff.com23 hours ago

India's student housing shortage is widening, but high land costs, weak rental yields and regulatory hurdles are keeping organised developers away.

Stock Markets Today: Sensex Jumps Over 500 Points, Nifty at 24K

Stock Markets Today: Sensex Jumps Over 500 Points, Nifty at 24K

Rediff.com20 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade, driven by a recovery in world markets due to easing US Treasury yields and fresh foreign fund inflows, halting a multi-day losing streak. Track Sensex, Nifty on August 20.

Indian Equities Decline as Profit-Taking Hits IT, FMCG Stocks

Indian Equities Decline as Profit-Taking Hits IT, FMCG Stocks

Rediff.com26 Aug 2026

Indian benchmark indices, Sensex and Nifty, closed lower on Wednesday, reversing early gains due to profit-taking and weakness in sectors like IT, FMCG, and consumer durables, despite support from lower crude oil prices.

Private Sector Capex Rises 7% in FY25, Govt Spending Slows

Private Sector Capex Rises 7% in FY25, Govt Spending Slows

Rediff.com7 days ago

Private corporations in India invested approximately 30.3 trillion in fixed assets during FY25, marking a 7 per cent increase from the previous year, according to the statistics ministry. This growth in private capital expenditure contrasts with a slowdown in government capital spending.

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Rediff.com15 Jul 2026

Adani Properties has emerged as the largest value creator in the 2026 Grohe-Hurun India Real Estate 150, adding Rs 38,000 crore in valuation to become India's fourth-most valuable real estate company, with its valuation rising 72.5 per cent year-on-year to Rs 90,400 crore.

Elon Musk's SpaceX To Build Foundry For Gas Turbine Blades

Elon Musk's SpaceX To Build Foundry For Gas Turbine Blades

Rediff.com1 Sep 2026

SpaceX, led by Elon Musk, is establishing an in-house foundry in Bastrop, Texas, to produce high-spec gas turbine blades and vanes. This strategic move aims to alleviate a critical supply chain bottleneck hindering power generation for AI data centres in the US and accelerate natural gas turbine availability by up to 18 months. The facility will also leverage synergies with aerospace component manufacturing.

UK sanctions West Bank settlers, Israel shuts British consulate

UK sanctions West Bank settlers, Israel shuts British consulate

Rediff.com8 Sep 2026

The UK has announced a comprehensive sanctions regime against Israeli settlements in the West Bank, banning the import of goods and targeting entities involved in settlement expansion. Foreign Secretary Ed Miliband condemned the "ethnic cleansing of Palestinians" and highlighted international support for the UK's stance, while Israel reacted strongly with counter-measures.

US hits Canada with fresh import bans, tariffs amid trade war

US hits Canada with fresh import bans, tariffs amid trade war

Rediff.com9 Sep 2026

The United States has announced a new round of trade measures against Canada, including bans on Canadian dairy, alcoholic beverages, and motorcycles, and reshuffled existing tariffs. This escalation comes after Canada imposed retaliatory tariffs on American goods. The US administration cited Canada's retaliatory actions as the trigger, contrasting it with other nations that chose negotiation over retaliation.

Mumbai Rain Is Now A Traded Asset

Mumbai Rain Is Now A Traded Asset

Rediff.com24 Jul 2026

Mumbai has spent four centuries building folklore around its monsoon: The potholes, the delayed trains, the office debates about whether it will 'break' this week or next. It turns out the rain was always a market. Nobody had built the exchange for it until now!

Xi calls on BRICS countries to help end war in West Asia

Xi calls on BRICS countries to help end war in West Asia

Rediff.com12 Sep 2026

Chinese President Xi Jinping addressed the BRICS summit, urging the bloc to play a significant role in achieving peace and tranquillity in West Asia and the Gulf region. He highlighted BRICS' growth over two decades, its efforts in tackling global challenges, and its steadfastness in safeguarding the interests of the Global South. Xi called for opposing the Cold War mentality, strengthening multilateralism, and promoting cooperation in emerging domains like AI, as China prepares to chair the next summit.

Last Man In Tower Review: Unsettling Must Watch

Last Man In Tower Review: Unsettling Must Watch

Rediff.com11 Sep 2026

Last Man In Tower is an unsettling portrait of a society that can turn against one another when greed dangles the promise of a better life, observes Sreeju Sudhakaran.

FPIs flock to financials, extend buying spree in IT sector in early August

FPIs flock to financials, extend buying spree in IT sector in early August

Rediff.com21 Aug 2026

Foreign portfolio investors (FPIs) significantly increased their buying in Indian equities during the first half of August, with financial services attracting the largest inflows, reversing previous outflows. The IT sector also continued to see strong interest from overseas investors, driven by a reassessment of valuations and the role of Indian IT firms in AI deployment.

India Inc navigates West Asia conflict: Rising costs, price hikes, and margin pressures

India Inc navigates West Asia conflict: Rising costs, price hikes, and margin pressures

Rediff.com18 Aug 2026

India Inc's first-quarter earnings season was significantly impacted by the West Asia conflict, leading to rising costs, calibrated price increases, and margin pressures across various sectors including FMCG, automotive, steel, and cement. Companies are implementing price hikes to protect profitability, with many anticipating further escalations if input costs remain elevated.

SHANTI Rules Boost Nuclear Investment

SHANTI Rules Boost Nuclear Investment

Rediff.com24 Aug 2026

The rules require nuclear plant operators to maintain an insurance policy, financial security or a combination of both to cover civil liability for nuclear damage.

From 40 acres to CoE: How Jay Shah brought BCCI's vision to life

From 40 acres to CoE: How Jay Shah brought BCCI's vision to life

Rediff.com10 Aug 2026

The Board of Control for Cricket in India's (BCCI) Centre of Excellence, a state-of-the-art cricketing facility, is nearing its second anniversary, with BCCI Secretary Devajit Saikia and former India cricketer VVS Laxman crediting former BCCI Secretary Jay Shah's pivotal role in its establishment.

Office construction activity declines to four-quarter low

Office construction activity declines to four-quarter low

Rediff.com21 Apr 2026

New completions in India's office real estate sector fell by 36 per cent to 9.7 million square feet in Q1 2026, the lowest in four quarters, primarily due to developers adopting a cautious stance amid global uncertainties, particularly in Bengaluru, Hyderabad, and Mumbai. Despite this, office absorption increased by 20 per cent, indicating strong occupier demand.

Sensex Climbs 374 Points on Heavyweight Buying, Nifty Ends Flat

Sensex Climbs 374 Points on Heavyweight Buying, Nifty Ends Flat

Rediff.com6 Aug 2026

Indian stock market indices closed on a mixed note, with the Sensex gaining 374 points driven by buying in Reliance Industries and ICICI Bank, while the Nifty remained flat. This divergence is attributed to a new Closing Auction Session (CAS) mechanism introduced by stock exchanges, impacting market liquidity and price discovery.

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

Rediff.com24 Aug 2026

A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.

Stock Markets Today: Sensex, Nifty Dip as Geopolitical Tensions Fuel Crude Price Surge

Stock Markets Today: Sensex, Nifty Dip as Geopolitical Tensions Fuel Crude Price Surge

Rediff.com10 Aug 2026

Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a significant spike in crude oil prices, driven by escalating geopolitical uncertainties, despite positive cues from Asian and US markets.

Gurugram Real Estate Firm Owner Arrested In Land Scam

Gurugram Real Estate Firm Owner Arrested In Land Scam

Rediff.com10 May 2026

Gurugram Police have arrested a 50-year-old owner of a real estate firm for allegedly duping people of crores by promising land agreements.

Nepal PM meets Indian envoy in first diplomatic engagement

Nepal PM meets Indian envoy in first diplomatic engagement

Rediff.com10 Aug 2026

Nepali Prime Minister Balendra Shah held his first one-on-one meeting with Indian Ambassador Naveen Srivastava, signalling a shift towards direct diplomacy after previously preferring group interactions. The discussion focused on strengthening bilateral ties, development partnerships, and mutual interests between India and Nepal.

'UP Has Potential To Generate More Than 11 Million Jobs'

'UP Has Potential To Generate More Than 11 Million Jobs'

Rediff.com1 Sep 2026

'Improved law and order and transparent governance have helped change UP's investment image.'

Tata Group Faces Massive Funding Challenge

Tata Group Faces Massive Funding Challenge

Rediff.com26 Aug 2026

Tata Sons has the balance sheet to support them, for now.

Auto Retail Sales Jump 26% in July, Alternative Fuels Closing on Petrol Share

Auto Retail Sales Jump 26% in July, Alternative Fuels Closing on Petrol Share

Rediff.com6 Aug 2026

Total automobile retail sales in India surged by 25.89 per cent year-on-year to 25,91,138 units in July, driven by GST rationalisation, ease of retail finance, and favourable festival timing, according to the Federation of Automobile Dealers Associations (FADA). This marks the first time all vehicle categories recorded their best-ever July sales.

How Tata Steel Tackled Challenges Under Chandra

How Tata Steel Tackled Challenges Under Chandra

Rediff.com13 Aug 2026

Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.

Padikkal's maiden ton puts India in control on Day 1 vs Sri Lanka

Padikkal's maiden ton puts India in control on Day 1 vs Sri Lanka

Rediff.com15 Aug 2026

Devdutt Padikkal's maiden Test century put India firmly in control on the opening day of the first Test against Sri Lanka, with the visitors reaching 288/2 at stumps.

Does Trump Urgently Need Modi's Help On Iran?

Does Trump Urgently Need Modi's Help On Iran?

Rediff.com17 Aug 2026

US Vice-President J D Vance's unexpected phone call to Prime Minister Narendra Modi on August 8 has ignited speculation about a potential diplomatic overture, possibly seeking India's support amidst the escalating US-Iran conflict and a shifting global power landscape, suggests Ambassador M K Bhadrakumar.

Janakpuri Pit Death: Police File Chargesheet, Detail Lapses in Construction Project

Janakpuri Pit Death: Police File Chargesheet, Detail Lapses in Construction Project

Rediff.com9 Apr 2026

Delhi Police have filed a chargesheet in the Janakpuri pit death case, naming three accused and detailing alleged lapses in the execution of a construction project that led to the death of a man who fell into a 15-foot-deep pit.

3 killed, 5 missing in massive landslide at Wayanad tunnel site

3 killed, 5 missing in massive landslide at Wayanad tunnel site

Rediff.com7 Jul 2026

A devastating landslide at Kalladi near Meppady in Wayanad, Kerala, has resulted in one death and seven missing individuals at a crucial tunnel road project site, with Chief Minister V D Satheesan attributing the tragedy to contractors' failure to heed warnings about accumulated mud.

Bargain Hunting Drives Indian Equities; Sensex Up 274 Points, Nifty Above 24,300

Bargain Hunting Drives Indian Equities; Sensex Up 274 Points, Nifty Above 24,300

Rediff.com30 Jul 2026

Indian benchmark equity indices closed higher on Thursday, with the Sensex gaining 273.55 points to 77,928.15 and the Nifty rising 66.95 points to 24,317.15, driven by bargain hunting and short-covering in IT and auto sectors.

Ex-Bank Manager, Nine Others Convicted in 2004 Mumbai Loan Scam

Ex-Bank Manager, Nine Others Convicted in 2004 Mumbai Loan Scam

Rediff.com24 Mar 2026

A special CBI court in Mumbai has convicted a retired bank manager and nine others in connection with a 2004 loan fraud case, sentencing them to prison terms ranging from one to five years.

TMC leader's son's cafe demolished for encroachment

TMC leader's son's cafe demolished for encroachment

Rediff.com2 Jul 2026

An allegedly illegal cafe, Aranayer Kule, owned by Imran Molla, son of TMC leader Saokat Molla, was demolished in West Bengal's South 24 Parganas district. The demolition followed repeated notices from the district administration regarding the structure's encroachment on Matla river's sandbank, which the family failed to remove.

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Rediff.com4 Aug 2026

Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.