News for 'customs'

FedEx And ServiceNow Collaborate On AI-Powered Supply Chain

FedEx And ServiceNow Collaborate On AI-Powered Supply Chain

Rediff.com7 May 2026

FedEx and ServiceNow have expanded their collaboration to develop an AI-powered supply chain solution aimed at optimising workflows and enhancing customer experiences. The partnership was announced at the Knowledge 2026 AI conference in Las Vegas.

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.

Piramal Pharma looks to return on growth path

Piramal Pharma looks to return on growth path

Rediff.com8 May 2026

Piramal Pharma anticipates a significant turnaround in financial year 2026-27 (FY27), projecting early-to-mid teens revenue expansion and a sharp improvement in profitability, driven by improved business momentum, new product acquisitions, and structural tailwinds.

Ex-Bank Correspondent Arrested For Rs 27 Lakh Fraud In Odisha

Ex-Bank Correspondent Arrested For Rs 27 Lakh Fraud In Odisha

Rediff.com26 Apr 2026

Odisha Police have arrested a former banking correspondent for allegedly misappropriating around Rs 27 lakh of depositors' money in Jajpur district.

Adobe Expands India Presence With New Noida Office

Adobe Expands India Presence With New Noida Office

Rediff.com8 May 2026

Adobe has announced the opening of a new office in Noida, its seventh in India. The new campus will house over 700 employees and signifies Adobe's continued focus on driving innovation from India.

IIT-Dharwad And Aequs Group Launch Joint R&D Facility

IIT-Dharwad And Aequs Group Launch Joint R&D Facility

Rediff.com6 days ago

Aequs Group, in collaboration with IIT-Dharwad, has established an advanced research and development facility for materials science and manufacturing innovation at the IIT-Dharwad campus.

4 Reasons Why Market Recovered After March Crash

4 Reasons Why Market Recovered After March Crash

Rediff.com3 hours ago

'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Paramotor Digital Tech Files For IPO Under Sebi's Pre-Filing Route

Rediff.com4 days ago

Fintech and enterprise technology firm Paramotor Digital Technology Ltd has confidentially filed draft papers with markets regulator Sebi for an initial public offering (IPO). The company submitted its draft papers under Sebi's pre-filing route, which allows issuers to keep details related to the issue size and other key information confidential until a later stage.

Soaring LPG Costs May Force Restaurant To Hike Prices

Soaring LPG Costs May Force Restaurant To Hike Prices

Rediff.com13 May 2026

'If 5% of the total revenue was spent on LPG (pre-war), it is now expected to double. The overall food cost in restaurants is expected to rise by 4-6%.'

IBM, Yotta Join Forces To Offer AI Platform In India

IBM, Yotta Join Forces To Offer AI Platform In India

Rediff.com7 May 2026

IBM and Yotta Data Services have announced a partnership to deliver an agentic artificial intelligence (AI) platform for enterprises and government organisations in India, leveraging IBM WatsonX Orchestrate and Yotta's Shakti Cloud.

You'll Never Be Able To Guess Met Gala 2026's Wildest Trend!

You'll Never Be Able To Guess Met Gala 2026's Wildest Trend!

Rediff.com5 May 2026

Somewhere between couture and chaos, the Met Gala 2026 decided subtlety was overrated.

Delhi Police Bust Cyber Fraud Ring, Arrest Two

Delhi Police Bust Cyber Fraud Ring, Arrest Two

Rediff.com2 days ago

Delhi Police have dismantled a cyber fraud racket involving malicious mobile applications, arresting two individuals, including the alleged mastermind from Uttar Pradesh. The accused developed and supplied 'FUD' APK files to cyber fraudsters across the country, enabling them to gain remote access to victims' phones and siphon off money.

Sex Racket Busted, Women Rescued In Arunachal Pradesh

Sex Racket Busted, Women Rescued In Arunachal Pradesh

Rediff.com4 May 2026

Police in Arunachal Pradesh have busted a sex racket operating from a resort in Roing, rescuing four women and arresting several individuals.

Sri Lankans Held At Delhi Airport With Marijuana Worth Crores

Sri Lankans Held At Delhi Airport With Marijuana Worth Crores

Rediff.com5 May 2026

Customs officers at Delhi airport arrested three Sri Lankan passengers arriving from China for allegedly smuggling marijuana worth Rs 11.63 crore.

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Rediff.com1 days ago

Major US technology companies, Meta and LinkedIn, are undergoing significant workforce restructuring, with Meta planning to lay off 8,000 employees while shifting 7,000 into AI-focused roles, and LinkedIn cutting over 600 jobs across various departments.

International IPL Betting Racket Busted; Five Arrested

International IPL Betting Racket Busted; Five Arrested

Rediff.com8 May 2026

Uttarakhand STF and Dehradun Police busted an international online betting syndicate and arrested five accused allegedly involved in facilitating betting on IPL matches.

ServiceNow Enhances AI Control Tower For Enterprise Governance

ServiceNow Enhances AI Control Tower For Enterprise Governance

Rediff.com6 May 2026

ServiceNow has announced an expansion of its AI Control Tower offering with new capabilities that give enterprises control over every AI system, agent, and workflow, regardless of where it runs.

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

Rediff.com4 May 2026

IT services major LTM is set to introduce a new pricing framework, 'Blueverse Credit', in the first quarter of FY27, aiming to align monetisation with the growing adoption of agentic artificial intelligence.

Will Budget 2026 Fix The Customs-FTA Disconnect?

Will Budget 2026 Fix The Customs-FTA Disconnect?

Rediff.com31 Jan 2026

Customs regimes can lead to labyrinthine legal disputes. Budget 2026 must recognise that an excessively defensive Customs posture can itself become a trade barrier, point out Mukesh Butani and Shankey Agrawal.

India's services sector growth hits 5-month high in April

India's services sector growth hits 5-month high in April

Rediff.com6 May 2026

India's services sector growth reached a five-month high in April, with the HSBC India Services PMI Business Activity Index rising to 58.8, primarily driven by robust domestic demand and a shift from international to local suppliers amidst the West Asia crisis.

Sheffield University Backs Greener Aviation With Sustainable Fuel Testing

Sheffield University Backs Greener Aviation With Sustainable Fuel Testing

Rediff.com1 days ago

The University of Sheffield has announced a major milestone in the push for greener aviation as it produces its first report from testing a new sustainable aviation fuel (SAF). The research is helping support the faster rollout of low-carbon jet fuels.

India rules ICE bike exports, but China dominates E2Ws

India rules ICE bike exports, but China dominates E2Ws

Rediff.com3 days ago

But when it comes to e2W, China is the dominant player and had grabbed over 76 per cent share of total e2W imports in 2025 with brands like Yadea, NIU and Sunra dominating the market.

How TCS Is Building The 'Infrastructure Of Intelligence'

How TCS Is Building The 'Infrastructure Of Intelligence'

Rediff.com6 days ago

Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.

AI Search Reshapes Google's Future

AI Search Reshapes Google's Future

Rediff.com1 days ago

Google's AI Search marks a shift from information discovery to information delivery.

Punjabi Devils Founder Jailed For Firearms Offences

Punjabi Devils Founder Jailed For Firearms Offences

Rediff.com7 days ago

Jashanpreet Singh, the founder of the 'Punjabi Devils' motorcycle gang, has been sentenced to over five years in prison in the US for unlawful dealing of firearms and possession of a machine gun.

Thousands join Prateek Yadav's funeral procession in Lucknow

Thousands join Prateek Yadav's funeral procession in Lucknow

Rediff.com7 days ago

The funeral of Prateek Yadav, son of Samajwadi Party founder Mulayam Singh Yadav, took place in Lucknow with thousands of supporters in attendance. Family members and political figures paid their respects.

Everyday Glam: Malini Roy Never Looks Dull At Work!

Everyday Glam: Malini Roy Never Looks Dull At Work!

Rediff.com6 days ago

Who says office wear has to be dull? Malini Roy proves that workwear can be stylish, elegant, and full of personality.

Delhi Police Uncover Counterfeit Branded Garments Racket

Delhi Police Uncover Counterfeit Branded Garments Racket

Rediff.com5 May 2026

Delhi Police have busted a racket selling counterfeit branded garments and accessories in Vasant Kunj, arresting one person and seizing a large stock of fake products.

What Satya Nadella's Leadership Style Teaches Us

What Satya Nadella's Leadership Style Teaches Us

Rediff.com1 days ago

A leader can spend authority on themselves -- on appearing decisive, on appearing in control, on appearing irreplaceable. Or they can spend it on the people around them -- on giving them the ball back, on creating conditions in which other people's confidence and capability can grow. Over a long enough horizon, the second compounds in a way the first never does. And that's exactly what Microsoft Chairman and CEO Satya Nadella has done.

Four Arrested At Bengaluru Airport With Ganja Worth Crores

Four Arrested At Bengaluru Airport With Ganja Worth Crores

Rediff.com2 May 2026

Four passengers arriving from Bangkok at Bengaluru's Kempegowda International Airport were arrested for smuggling hydroponic ganja worth over Rs 21.5 crore.

Walmart's India Sourcing Crosses $40 Billion Mark, Bolstering Export Push

Walmart's India Sourcing Crosses $40 Billion Mark, Bolstering Export Push

Rediff.com8 May 2026

Retail giant Walmart has announced that India has become one of its fastest-growing sourcing hubs globally, with the company having procured over $40 billion worth of goods from the country. This initiative aims to expand supplier capabilities, improve compliance standards, and help Indian manufacturers scale exports worldwide.

TaMo PV profit slumps 32% on JLR headwinds

TaMo PV profit slumps 32% on JLR headwinds

Rediff.com6 days ago

Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.

Mumbai Police Nab Two With Heroin Worth Rs 3.82 Crore

Mumbai Police Nab Two With Heroin Worth Rs 3.82 Crore

Rediff.com11 May 2026

Mumbai police arrested two men from Uttarakhand for allegedly possessing heroin worth Rs 3.82 crore in the western suburbs. The Anti-Narcotics Cell's Kandivali unit seized 765 gm of heroin from an apartment in Versova, Andheri. The accused were couriers for a large drug syndicate operating out of north India and have been booked under the NDPS Act.

How TCS Plans To Become The Top AI Services Firm

How TCS Plans To Become The Top AI Services Firm

Rediff.com6 days ago

TCS, India's largest IT firm, is aiming to become the world's leading AI-led technology services company. CEO K Krithivasan highlights the company's strategy, including upskilling its workforce and executing nation-scale projects in India.

How Air India Is Using AI To Transform Operations

How Air India Is Using AI To Transform Operations

Rediff.com26 Apr 2026

Air India is significantly embracing artificial intelligence to enhance operational efficiency, improve customer services, increase revenues, and reduce costs as part of its ambitious transformation plan under the Tata Group.

Is The Tata Legacy Losing Its Shine?

Is The Tata Legacy Losing Its Shine?

Rediff.com27 Apr 2026

Three disappointing experiences with Tata companies made me question whether the group's historic values of customer focus and accountability are slowly fading, notes Dr N Ravichandran.

'Prison Can Make Or Break A Person'

'Prison Can Make Or Break A Person'

Rediff.com2 days ago

After spending 31 months in Chennai's Puzhal prison, Ahmed Buhari is finally breathing free, as courts across the country quashed proceedings linked to his group company Coastal Energy.

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

Rediff.com3 May 2026

SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.

RBI Simplifies E-Mandate Rules For Reissued Cards

RBI Simplifies E-Mandate Rules For Reissued Cards

Rediff.com21 Apr 2026

The Reserve Bank of India has updated its e-mandate framework, allowing card issuers to map existing mandates to reissued cards and clarifying rules around transaction limits and customer grievance redressal.

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Rediff.com3 days ago

Jewellery majors Titan Company and Kalyan Jewellers reported robust Q4 FY26 results, with Titan's consolidated revenue surging 81 per cent year-on-year, largely propelled by a sixfold increase in bullion and digital gold sales. Despite strong top-line growth, Titan's gross and operating profit margins faced pressure due to the higher share of lower-margin gold products and increased marketing expenditure.