News for 'corporate'

AIMIM corporator held for sheltering TCS conversion case accused Nida Khan

AIMIM corporator held for sheltering TCS conversion case accused Nida Khan

Rediff.com7 Aug 2026

Nashik police have arrested an AIMIM corporator, Mateen Patel, for allegedly providing shelter to an accused, Nida Khan, in the ongoing TCS "sexual harassment and religious conversion" case. Patel's arrest is part of a larger investigation into nine cases related to alleged exploitation and forceful conversion at a TCS branch.

HC grants bail to Shiv Sena corporator in doctor assault case, externs him

HC grants bail to Shiv Sena corporator in doctor assault case, externs him

Rediff.com7 Aug 2026

The Bombay High Court has granted bail to Shiv Sena corporator Ramesh Mhatre and four others accused of assaulting doctors at a municipal hospital in Thane, ordering a fast-tracked, time-bound trial and imposing strict conditions including staying outside Maharashtra until the chargesheet is filed.

Indian Para-Athletes Urgently Need Corporate Support And Permanent Jobs

Indian Para-Athletes Urgently Need Corporate Support And Permanent Jobs

Rediff.com6 Aug 2026

Commonwealth Games gold medallist Soman Rana has highlighted the critical need for increased corporate support and permanent jobs for Indian para-athletes. He stressed that financial security is vital for athletes to focus on training and achieve consistent international success, including at events like the Paralympics and Para Asian Games. His views were echoed by PCI president Devendra Jhajharia and M3M Foundation chairperson Payal Kanodia, who noted the growing recognition and support for the Paralympic movement in India.

New 'boss' scam to dupe corporate employees busted

New 'boss' scam to dupe corporate employees busted

Rediff.com18 Aug 2026

Ahmedabad Cyber Crime Branch has uncovered a Rs 1.5 crore WhatsApp fraud, leading to the arrest of two key SIM and OTP suppliers in West Bengal. The investigation revealed a sophisticated international cybercrime network spanning China, Pakistan, India, and Hong Kong, operating a "boss scam" and utilizing a "Cybercrime as a Service" model. Police recovered a significant portion of the defrauded amount and secured thousands of devices.

Fitch projects 9% revenue growth for Indian corporates in FY27, maintaining stable credit metrics

Fitch projects 9% revenue growth for Indian corporates in FY27, maintaining stable credit metrics

Rediff.com29 Jul 2026

Fitch Ratings forecasts a 9 per cent aggregate revenue increase for rated Indian corporates in the current fiscal year (FY27), a stronger outlook compared to the 5 per cent estimated for FY26, which is expected to keep credit metrics stable despite potential global and domestic challenges.

Bail to Shiv Sena corporator who thrashed doctors at hospital

Bail to Shiv Sena corporator who thrashed doctors at hospital

Rediff.com14 Jul 2026

Shiv Sena corporator Ramesh Mhatre and three associates have been granted bail by a Thane court after being arrested for allegedly assaulting doctors and medical staff at a civic-run hospital in Dombivli. The incident, which occurred after a family was advised to shift a newborn, sparked widespread outrage and led to their arrest following a viral video and pressure from the Indian Medical Association.

Doctors resign following assault by Shiv Sena corporator

Doctors resign following assault by Shiv Sena corporator

Rediff.com9 Jul 2026

Two doctors at a civic-run hospital in Thane, Maharashtra, have resigned after being brutally assaulted by a Shiv Sena corporator and his aides. The incident, which was captured on video and went viral, occurred after the doctors advised a newborn's relatives to shift the baby due to lack of NICU space. The corporator and his aides have been arrested, but the incident has highlighted severe concerns about the safety of healthcare workers.

HC stays bail of Shiv Sena corporator in doctors assault case

HC stays bail of Shiv Sena corporator in doctors assault case

Rediff.com18 Jul 2026

The Bombay High Court has taken suo motu cognisance and stayed the bail granted by a lower court to Shiv Sena corporator Ramesh Mhatre, accused of assaulting doctors at a municipal hospital in Thane district, directing him to surrender by Sunday evening.

HC denies relief to Shiv Sena corporator in doctor assault case

HC denies relief to Shiv Sena corporator in doctor assault case

Rediff.com22 Jul 2026

"Let him be inside for some more time," the Bombay high court said on Wednesday while continuing its stay to the bail granted to Shiv Sena corporator Ramesh Mhatre who is accused of assaulting doctors and staff at a municipal hospital in Dombivli. It also ordered preservation of the CCTV footage of the July 6 incident and the footage of Mhatre's own hospital stay after his arrest.

Shiv Sena corporator, supporters assault doctors inside hospital, booked

Shiv Sena corporator, supporters assault doctors inside hospital, booked

Rediff.com8 Jul 2026

A Shiv Sena corporator, Ramesh Sukrya Mhatre, and five associates have been booked for allegedly assaulting two doctors at a civic-run hospital in Kalyan, Thane, after a family was advised to transfer a newborn due to lack of NICU space. The incident, captured on video, led to widespread outrage and threats of protests from the Indian Medical Association.

Sena corporator, aides held for assaulting doctors in Thane

Sena corporator, aides held for assaulting doctors in Thane

Rediff.com8 Jul 2026

Shiv Sena corporator Ramesh Mhatre and three associates have been arrested for allegedly assaulting doctors and medical staff at a civic-run hospital in Thane, Maharashtra, following public outrage and pressure from the Indian Medical Association.

Shiv Sena corporator, aides remanded in police custody for assaulting doctors

Shiv Sena corporator, aides remanded in police custody for assaulting doctors

Rediff.com10 Jul 2026

Shiv Sena corporator Ramesh Mhatre and three associates have been remanded in police custody until July 13 for allegedly assaulting two doctors and medical staff at a Kalyan Dombivli Municipal Corporation hospital, an incident captured on a viral video that sparked widespread outrage.

Shiv Sena corporator held for attack on docs, admitted to ICU with chest pain

Shiv Sena corporator held for attack on docs, admitted to ICU with chest pain

Rediff.com9 Jul 2026

A Shiv Sena corporator, Ramesh Mhatre, arrested for assaulting two doctors in Thane, was admitted to the ICU after complaining of chest pain. Medical professionals protested his actions, demanding security for healthcare workers, even as they provided him treatment.

Maha panel to combat corporate sector harassment, conversions

Maha panel to combat corporate sector harassment, conversions

Rediff.com25 Jun 2026

Maharashtra Chief Minister Devendra Fadnavis announced the formation of a committee of women legislators to amend laws and ensure effective implementation against harassment and religious conversion in the corporate sector. This decision follows an incident at a TCS unit in Nashik involving alleged exploitation and forced conversion, which is currently under SIT investigation. Probes have also been ordered into similar complaints at a Spanish multinational in Pune and a government ITI in Solapur, highlighting a broader issue of workplace misconduct.

Corporate bond market raises Rs 16,000 crore, momentum to continue

Corporate bond market raises Rs 16,000 crore, momentum to continue

Rediff.com4 Jul 2026

The Indian corporate bond market witnessed a significant surge, with companies raising nearly Rs 16,000 crore in a single day, primarily led by state-owned financial institutions and NBFCs. This strong momentum, driven by improved borrowing conditions and investor confidence, is expected to persist.

Nagendra offered to quit to save Congress from embarrassment: Shivakumar

Nagendra offered to quit to save Congress from embarrassment: Shivakumar

Rediff.com2 days ago

Karnataka Chief Minister D K Shivakumar confirmed that Minister B Nagendra has offered to resign to avoid embarrassing the Congress party and the government, despite Shivakumar's insistence on Nagendra's innocence in the alleged Valmiki Scheduled Tribes Development Corporation scam. The Chief Minister stated he would consult the party high command before making a final decision.

K'taka Oppn to lay siege to assembly on Monday over DKS minister's removal

K'taka Oppn to lay siege to assembly on Monday over DKS minister's removal

Rediff.com7 days ago

Leader of the Opposition in the Karnataka assembly R Ashoka on Sunday announced that the Bharatiya Janata Party and its ally Janata Dal-Secular would lay siege to Vidhana Soudha in Bengaluru on August 24 seeking the removal of planning and statistics minister B Nagendra from the cabinet.

FPIs inject Rs 30,919 crore into Indian equities, extending buying streak

FPIs inject Rs 30,919 crore into Indian equities, extending buying streak

Rediff.com16 hours ago

Foreign portfolio investors (FPIs) have injected Rs 30,919 crore into Indian equities in August, marking their second consecutive month of net buying. This follows a Rs 20,200 crore investment in July, indicating a potential reversal after four months of significant outflows, driven by improving corporate earnings, resilient economic activity, and a stable rupee.

Sebi to widen AI surveillance net to detect financial misstatements

Sebi to widen AI surveillance net to detect financial misstatements

Rediff.com5 days ago

The Securities and Exchange Board of India (Sebi) is set to expand its artificial intelligence (AI)-based surveillance beyond trading data to include corporate filings, aiming to proactively flag financial misstatements and manipulation in quarterly results without relying solely on investor complaints.

Shivakumar minister Nagendra quits again amid Valmiki scam heat

Shivakumar minister Nagendra quits again amid Valmiki scam heat

Rediff.com2 days ago

For the second time in two years, Karnataka minister B Nagendra resigned from the state Cabinet on Friday amid the Opposition heat over his alleged involvement in the Rs 89 crore Valmiki Corporation scam.

TN's liquor stocktaking goes digital, to benefit tipplers

TN's liquor stocktaking goes digital, to benefit tipplers

Rediff.com2 days ago

Tamil Nadu's state-run liquor corporation, TASMAC, is implementing a new automated indent request process for all retail shops starting September 1. This digital system aims to streamline stock distribution, reduce paperwork, and ensure consumers receive their preferred brands based on local demand.

Tempsens Instruments Makes Blockbuster Debut, Shares Zoom Over 111%

Tempsens Instruments Makes Blockbuster Debut, Shares Zoom Over 111%

Rediff.com2 days ago

Shares of temperature sensing and heating solutions provider Tempsens Instruments (India) Ltd listed with a massive premium of over 111 per cent against its issue price of Rs 300, reaching a market valuation of Rs 4,934.81 crore.

NCLT's Subhash Chandra Order: Not Rs 22,000 Cr Bank Loan Write-Off, Clarify Sources

NCLT's Subhash Chandra Order: Not Rs 22,000 Cr Bank Loan Write-Off, Clarify Sources

Rediff.com3 days ago

Sources clarify that the NCLT's approval of a repayment plan for Essel Group founder Subhash Chandra does not signify a 99.97 per cent write-off of Rs 22,000 crore in bank loans, as the figure represents claims against him as a personal guarantor, not debt personally borrowed.

Sebi 'close' to approving NSE IPO, eyes broader market resilience

Sebi 'close' to approving NSE IPO, eyes broader market resilience

Rediff.com2 days ago

The Securities and Exchange Board of India (Sebi) is reportedly 'close' to approving the National Stock Exchange's (NSE) initial public offering (IPO) draft documents, with an expected market debut by early next month. Sebi Chairman Tuhin Kanta Pandey also emphasised the regulator's focus on enhancing market resilience against evolving risks, including technology failures and the impact of artificial intelligence.

India Inc Sees Fastest Revenue Growth in 15 Quarters

India Inc Sees Fastest Revenue Growth in 15 Quarters

Rediff.com6 days ago

Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.

Corporate Earnings, Monsoon to Drive Next Leg of Indian Market Rally: Morgan Stanley

Corporate Earnings, Monsoon to Drive Next Leg of Indian Market Rally: Morgan Stanley

Rediff.com7 Jul 2026

Morgan Stanley analysts, led by Ridham Desai, predict that the next phase of the Indian market rally will be primarily driven by the April-June quarter (Q1FY27) corporate earnings season and the performance of the monsoon.

Janhvi, Palak, Malavika's Unconventional Party Look

Janhvi, Palak, Malavika's Unconventional Party Look

Rediff.com4 days ago

Blazers have officially left the boardroom and entered party territory. The right one can be sharper than a dress, cooler than a co-ord and just dramatic enough to make an entrance.

NSDC And AWS Launch Major Cloud And AI Skilling Initiative

NSDC And AWS Launch Major Cloud And AI Skilling Initiative

Rediff.com7 days ago

The National Skill Development Corporation (NSDC), in collaboration with Amazon Web Services (AWS) and Cultus Education, has launched a nationwide initiative to provide cloud and AI skilling to 1.5 lakh learners. This programme aims to equip youth, especially from Tier 2 and Tier 3 cities, with essential technology skills and job-ready training, contributing to India's goal of becoming a global innovation hub.

Jio Platforms gets Sebi nod to launch India's biggest IPO

Jio Platforms gets Sebi nod to launch India's biggest IPO

Rediff.com2 days ago

Jio Platforms Ltd, the digital services arm of Reliance Industries, has secured Sebi's final observation to launch an initial public offering (IPO) aiming to raise approximately USD 4 billion (Rs 37,700 crore), potentially making it the largest IPO in India's history.

Kerala School Roof Collapse: Official Blames Municipal Corporation

Kerala School Roof Collapse: Official Blames Municipal Corporation

Rediff.com2 Jun 2026

A CPI(M) leader has blamed the municipal corporation for the roof collapse at a government school in Kerala, alleging negligence in issuing a fitness certificate.

HDFC Bank CEO Sashidhar Jagdishan to retire amid governance concerns

HDFC Bank CEO Sashidhar Jagdishan to retire amid governance concerns

Rediff.com1 days ago

Sashidhar Jagdishan, the managing director and chief executive of HDFC Bank, has opted out of being considered for reappointment after his current term ends on October 26, choosing to retire after nearly three decades with the lender.

Gujarat Prison Institute Upgrades Sports Facilities For Future Events

Gujarat Prison Institute Upgrades Sports Facilities For Future Events

Rediff.com11 hours ago

The Gujarat Institute of Prisons and Correctional Administration (GIPCA) is developing modern sports facilities, including high-quality grounds, in anticipation of international events like the Olympics and Commonwealth Games. These upgrades, part of a Phase-I renovation by the Police Housing Corporation, will also provide advanced training facilities like smart classrooms and computer labs for departmental trainees. The prison department recently showcased its sporting prowess by winning the 'Champion Trophy' at the DGP Cup 2026-27 Gujarat Police Wrestling Cluster Competition, securing 14 medals.

'Save this league': India women make passionate plea for Women's HIL

'Save this league': India women make passionate plea for Women's HIL

Rediff.com5 days ago

India women's hockey players urge the Sports Ministry and corporates to save the Women's HIL, saying the league is vital for developing future talent.

Another Arrest In Assam Fisheries Corporation Scam

Another Arrest In Assam Fisheries Corporation Scam

Rediff.com31 May 2026

Another accused in the alleged financial irregularities in Assam Fisheries Development Corporation Ltd has been apprehended in Odisha, marking the ninth arrest in the case.

BMC demolishes unauthorised constructions at posh Mumbai high-rise

BMC demolishes unauthorised constructions at posh Mumbai high-rise

Rediff.com5 days ago

The Mumbai civic body has initiated demolition of unauthorised constructions in a posh Prabhadevi high-rise, Rustomjee Crown, following complaints from an RTI activist. The action targets illegal alterations, amalgamation of flats, and conversion of common spaces into habitable areas, with the drive expected to continue over several days.

Why Is BMC Offering A Rs 61,500 Stipend To GenZ?

Why Is BMC Offering A Rs 61,500 Stipend To GenZ?

Rediff.com21 Aug 2026

The Brihanmumbai Municipal Corporation's 12-month fellowship offers young graduates an opportunity to gain first-hand experience in civic administration and contribute to initiatives related to Mumbai's development.

How Asha Bhosle's Grandson Chin2 Bhosle Turned To Music After A Corporate Job

How Asha Bhosle's Grandson Chin2 Bhosle Turned To Music After A Corporate Job

Rediff.com24 Jun 2026

Know more about Chin2 Bhosle, grandson of the legendary Asha Bhosle, who defied a conventional career to pursue his passion for music.

FPIs inject Rs 16,621 crore into Indian equities in early August

FPIs inject Rs 16,621 crore into Indian equities in early August

Rediff.com16 Aug 2026

Foreign Portfolio Investors (FPIs) have injected Rs 16,621 crore into Indian equities during the first half of August, continuing a buying spree driven by improving relative valuations, resilient corporate earnings, and expectations of softer US interest rates.

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

Rediff.com2 days ago

In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.

Supreme Court Orders CBI Probe into ED Allegations Against Former Indiabulls Housing Finance Promoter

Supreme Court Orders CBI Probe into ED Allegations Against Former Indiabulls Housing Finance Promoter

Rediff.com19 Aug 2026

The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.