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Groww sets IPO price band at Rs 95-100/share; eyes a valuation of $7 bn

Groww sets IPO price band at Rs 95-100/share; eyes a valuation of $7 bn

Rediff.com30 Oct 2025

Billionbrains Garage Ventures, the parent company of stock broking firm Groww, on Thursday fixed a price band of Rs 95-100 per share for its upcoming Initial Public Offering (IPO), targeting a valuation of over Rs 61,700 crore (about $7 billion). The company's Rs 6,632 crore IPO would open for public subscription on November 4 and conclude on November 7, according to a public announcement.

Low-Wage Trap Looms Over India's Services Sector, Warns Niti Report

Low-Wage Trap Looms Over India's Services Sector, Warns Niti Report

Rediff.com30 Oct 2025

The services sector employs 188 million people but remains highly informal, trapping most workers in low-wage jobs without social protection.

India's Housing Finance Sector Hits Home Run

India's Housing Finance Sector Hits Home Run

Rediff.com29 Oct 2025

India's housing finance sector is riding a wave of post-pandemic revival, driven by policy support, digital innovation, and growing demand from younger homebuyers in emerging cities.

Akasa in Turbulence: DGCA Flags Repeated Slip-Ups

Akasa in Turbulence: DGCA Flags Repeated Slip-Ups

Rediff.com28 Oct 2025

One of the major concerns highlighted by the DGCA was about the fact that not all staff had completed mandatory fatigue management training.

India's IT hiring stabilises in H1 FY26, campus intake improves

India's IT hiring stabilises in H1 FY26, campus intake improves

Rediff.com21 Oct 2025

After several muted quarters, India's IT sector hiring stabilised in the first half of FY 2025-26 as hiring patterns improved, following a reasonable rise in the recruitment of freshers and mid-senior level professionals, HR solutions provider Adecco India said on Tuesday.

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Rediff.com25 Oct 2025

Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential issue on a private placement basis.

'Could Ajit Pawar Have Known?'

'Could Ajit Pawar Have Known?'

Rediff.com7 Nov 2025

'Everyone involved in this transaction must be punished and penalised.'

Prince Andrew gives up royal titles over Epstein controversy

Prince Andrew gives up royal titles over Epstein controversy

Rediff.com18 Oct 2025

Britain's Prince Andrew, the younger brother of King Charles III, has relinquished the title of Duke of York and all other royal honours after a 'discussion' with the monarch, amid 'continued accusations' around his association with American sex offender Jeffrey Epstein.

NPS: MSF Makes Investing Simpler, Smarter

NPS: MSF Makes Investing Simpler, Smarter

Rediff.com27 Oct 2025

Those who have long retirement horizons of 15 to 20 years and seek higher long-term returns may opt for MSF. Investors nearing retirement (under 10 years) or those with low risk tolerance should stay away.

How To Get Hired By India's $68 Bn GCCs

How To Get Hired By India's $68 Bn GCCs

Rediff.com17 Sep 2025

'Employers increasingly want candidates who can take AI pilots from proof-of-concept to production-ready systems.' 'That requires governance, monitoring, and ROI measurement -- skills that go beyond coding and into business impact.'

HAL Poised For Growth With Strong Order Book

HAL Poised For Growth With Strong Order Book

Rediff.com6 Oct 2025

HAL's order book amounts to Rs 2.45 trillion by end of Q2FY26, implying a book-to-bill ratio of 32 times based on FY25 revenue.

'China Takes India Seriously', But...

'China Takes India Seriously', But...

Rediff.com11 Sep 2025

'The strategic difference over technology and territory between India and China remain great and security interests on both sides will likely prevent a short-term rapprochement of any depth.'

Realty developers see a cracker of sales in key cities this festival season

Realty developers see a cracker of sales in key cities this festival season

Rediff.com22 Oct 2025

India's housing market has remained resilient this festival season (Dussehra-Diwali period), despite global macroeconomic challenges, tech-sector layoffs, and affordability pressures, with developers reporting 10-25 per cent year-on-year (Y-o-Y) rise in home sales across major cities.

IPO Wave Hits 3 Decade Peak With 200 Filings

IPO Wave Hits 3 Decade Peak With 200 Filings

Rediff.com13 Oct 2025

This marks the strongest DRHP filing tally since 1996, when 428 firms sought to enter India's equity markets.

H-1B Visa: Which US Cities Topped Pay Scale?

H-1B Visa: Which US Cities Topped Pay Scale?

Rediff.com3 Oct 2025

Companies such as TCS, Infosys, Wipro and HCLTech usually have big centres in cities to be in proximity with their clients.

Amazon, Flipkart deploy war rooms for Rs 1.2 trillion festival battle

Amazon, Flipkart deploy war rooms for Rs 1.2 trillion festival battle

Rediff.com23 Sep 2025

At the stroke of midnight, live dashboards lit up simultaneously across Amazon India's World Trade Centre headquarters and Flipkart's Outer Ring Road office in Bengaluru. In sprawling "war rooms" at both the companies, executives monitored real-time data streams tracking payment speeds, inventory levels, and delivery logistics as millions of shoppers flooded online platforms.

Russia offers India cooperation in localising nuclear power plants

Russia offers India cooperation in localising nuclear power plants

Rediff.com19 Sep 2025

Russia has offered India cooperation in localising large and small nuclear power plants as part of a civil nuclear energy collaboration between the two countries. The offer was made during a meeting at the IAEA General Conference in Vienna.

Amazon cuts seller fees, boosts AI tools ahead of festive shopping season

Amazon cuts seller fees, boosts AI tools ahead of festive shopping season

Rediff.com8 Sep 2025

Amazon India is repositioning itself as a comprehensive business partner rather than just an e-commerce platform, slashing seller fees and introducing artificial intelligence-powered tools ahead of the country's crucial festive shopping season that could determine the year's retail performance.

What Is Powering Mahindra's Bolero Run

What Is Powering Mahindra's Bolero Run

Rediff.com9 Oct 2025

Between January and August 2025, over 65,000 units of the Bolero were sold, making it the third-highest contributor to Mahindra's overall SUV sales. Bolero annually achieves sales of over 1 lakh units.

Will Japan's Iron Lady Deepen India-Japan Ties?

Will Japan's Iron Lady Deepen India-Japan Ties?

Rediff.com15 Oct 2025

As a protege of Shinzo Abe, Takaichi is expected to scale bilateral ties much higher. Trade and investment shall grow. People-to-people contacts shall be scaled up, points out Dr Rajaram Panda.

Maha shops eateries, theatres get 24x7 nod; bars excluded

Maha shops eateries, theatres get 24x7 nod; bars excluded

Rediff.com3 Oct 2025

The GR says that shops and commercial establishments may remain open on all days of the week, provided that every employee is allowed a continuous rest period of at least 24 hours in a week.

Champions League PIX: Bellingham fires Real Madrid to win; Chelsea, Liverpool win

Champions League PIX: Bellingham fires Real Madrid to win; Chelsea, Liverpool win

Rediff.com23 Oct 2025

IMAGES from the UEFA Champions League matches played on Wednesday

Russia invites Modi for World War II victory day parade

Russia invites Modi for World War II victory day parade

Rediff.com9 Apr 2025

Russia has invited Prime Minister Narendra Modi to attend the May 9 celebrations marking the 80th anniversary of victory over Germany in World War II, Deputy Foreign Minister Andrey Rudenko has said.

Sony Unveils Bravia 8 II Smart TVs In India

Sony Unveils Bravia 8 II Smart TVs In India

Rediff.com20 Jun 2025

Sony's latest Bravia 8 II range comes in two sizes: 55-inch and 65-inch. They offer a cinema-like experience at home, featuring advanced picture and sound technologies, including support for both Dolby's visual and audio formats.

India test-fires Agni-5, missile capable of hitting 5,000 km targets

India test-fires Agni-5, missile capable of hitting 5,000 km targets

Rediff.com20 Aug 2025

India successfully test-fired the 'Agni 5' intermediate range ballistic missile, capable of reaching targets up to 5,000 km, validating its operational and technical parameters.

From Russia With Love

From Russia With Love

Rediff.com10 Oct 2025

Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.

In first visit since unrest, Modi to unveil Rs 1,200 cr projects in Manipur

In first visit since unrest, Modi to unveil Rs 1,200 cr projects in Manipur

Rediff.com12 Sep 2025

Prime Minister Narendra Modi is set to inaugurate and lay the foundation stones for various development projects worth thousands of crores in Manipur, marking his first visit since ethnic violence broke out in the state. The visit includes interaction with internally displaced persons and the launch of infrastructure projects across multiple sectors.

HC stays K'taka order capping movie ticket prices at Rs 200

HC stays K'taka order capping movie ticket prices at Rs 200

Rediff.com23 Sep 2025

The Karnataka high court stayed enforcement of the Karnataka Cinemas (Regulation) (Amendment) Rules, 2025, which fixed a cap for movie ticket prices at Rs 200 across the state.

Body of missing Navy official found in Matheran gorge

Body of missing Navy official found in Matheran gorge

Rediff.com18 Sep 2025

The decomposed body of a Navy official, who went missing during a trek at Matheran hill station near Mumbai, has been found in a gorge. Police have registered a case of accidental death and are investigating.

HC stays K'taka rule capping movie ticket prices at Rs 200

HC stays K'taka rule capping movie ticket prices at Rs 200

Rediff.com23 Sep 2025

The Karnataka High Court has stayed the enforcement of a rule that capped movie ticket prices at Rs 200 across the state, following a petition by the Multiplex Association of India and other cinema stakeholders.

'We Must Aim For 100,000 Defence Startups'

'We Must Aim For 100,000 Defence Startups'

Rediff.com4 Oct 2025

'India has the capital to invest in defence production.' 'With clear timelines and commitments, private industry can deliver surge capacity effectively.'

Banks, NBFCs Light Up Season With Special Offers

Banks, NBFCs Light Up Season With Special Offers

Rediff.com24 Sep 2025

Banks and NBFCs are launching festival offers, including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali

'If IAF Had Been Used During 1962 War...'

'If IAF Had Been Used During 1962 War...'

Rediff.com25 Sep 2025

Chief of Defence Staff General Anil Chauhan says the Indian Air Force would have slowed the Chinese offensive considerably during the 1962 War.

BFSI sector to add 2.5 lakh jobs by 2030

BFSI sector to add 2.5 lakh jobs by 2030

Rediff.com21 Aug 2025

India's BFSI sector is set for robust growth, with hiring projected to rise 8.7 per cent in 2025-26 and touch 10 per cent by 2030, creating nearly 2.5 lakh permanent jobs, a report said on Thursday. This growth in the Banking, Financial Services, and Insurance (BFSI) sector is being driven by rising demand in tier II and III cities, marking a clear shift from metro-centric recruitment.

Running for top spot, Asics eyes Nike and Adidas turf in India

Running for top spot, Asics eyes Nike and Adidas turf in India

Rediff.com14 Aug 2025

It has charted an ambitious target. Japanese premium sports goods giant Asics - which sells 75 per cent of its shoes in the country at over ~12,000 a pair - wants to be the No. 1 running shoe player in the $90-a-pair organised market in India, currently dominated by Nike, Adidas and Puma. To do so, it is making an aggressive push into Tier-II and Tier-III cities, where customers are ready to lap them up - as well as setting up company-owned stores in four to five locations across key metros.

AFSPA extended for 6 months in parts of Manipur, Nagaland, Arunachal

AFSPA extended for 6 months in parts of Manipur, Nagaland, Arunachal

Rediff.com26 Sep 2025

The Armed Forces (Special Powers) Act (AFSPA) has been extended for six months in parts of Manipur, Nagaland, and Arunachal Pradesh due to the prevailing law and order situation.

When Indian Soldiers Went Through Hell

When Indian Soldiers Went Through Hell

Rediff.com2 Oct 2025

Can Imperial Japan be forgiven for what it did to Indian soldiers it was supposed to protect as PoWs?

Hotel Industry Faces Crores in GST Demands

Hotel Industry Faces Crores in GST Demands

Rediff.com29 Sep 2025

'This is not a case of tax evasion but the result of long-standing ambiguities in GST rules and unawareness.'

'India needs capital support in aerospace and defence'

'India needs capital support in aerospace and defence'

Rediff.com21 Sep 2025

'If we want to pivot meaningfully from a services-driven economy to a technology and manufacturing-led one.'

Sebi allows co-investment window inside AIFs

Sebi allows co-investment window inside AIFs

Rediff.com11 Sep 2025

The Securities and Exchange Board of India (Sebi) will let Category-I and-II alternative investment funds (AIFs) run a dedicated "co-investment" (CIV) scheme for accredited investors, doing away with an earlier requirement of a separate portfolio-manager licence. The rules notified on Monday are aimed at reducing compliance burden for the AIF managers.