News for 'indian companies'

Mahindra & Mahindra shifts focus beyond tractors to boost future growth

Mahindra & Mahindra shifts focus beyond tractors to boost future growth

Rediff.com15 Jun 2026

Mahindra & Mahindra (M&M) is expanding its farm equipment strategy beyond tractors to include a wider range of mechanisation solutions like harvesters, balers, seed drills, and telematics-enabled services, aiming to capitalise on the growing demand for rental services by rural entrepreneurs and address low mechanisation levels in Indian agriculture.

Desi co-founded firm behind drone boat in rescue of US Apache crew

Desi co-founded firm behind drone boat in rescue of US Apache crew

Rediff.com10 Jun 2026

A drone boat, co-founded by Indian-American Vibhav Altekar, successfully rescued two crew members of a downed US Army Apache helicopter near the Strait of Hormuz, marking a first-of-its-kind autonomous surface vessel rescue for the US Armed Forces.

US Calls For Openness, Security In AI Partnership With India

US Calls For Openness, Security In AI Partnership With India

Rediff.com9 May 2026

A senior US official has emphasised the importance of openness and security in the development of artificial intelligence between India and the US, urging both nations to avoid dependencies on adversarial countries.

Emirates NBD buys majority stake in RBL Bank for $2.75 bn

Emirates NBD buys majority stake in RBL Bank for $2.75 bn

Rediff.com18 Jun 2026

Emirates NBD Bank has successfully acquired a 60 per cent majority stake in RBL Bank through a primary capital infusion of approximately USD 2.75 billion, marking the largest foreign direct investment in India's banking sector.

East India Company Shuts Down Again

East India Company Shuts Down Again

Rediff.com27 Feb 2026

The East India Company, revived by Indian businessman Sanjiv Mehta in 2010, has ceased operations and entered liquidation, marking the end of its modern incarnation.

'Unlawful': US court strikes down Trump's $100,000 H-1B visa fee

'Unlawful': US court strikes down Trump's $100,000 H-1B visa fee

Rediff.com9 Jun 2026

A US federal judge has ruled that the USD 100,000 fee imposed by former President Donald Trump for H-1B visa applications was unlawful, as it lacked congressional approval. The ruling states the fee was a tax, exceeding the administration's authority and impacting skilled global talent.

'Engine of plunder': Cong targets MP CM over Ujjain land scam

'Engine of plunder': Cong targets MP CM over Ujjain land scam

Rediff.com24 Jun 2026

Madhya Pradesh BJP president Hemant Khandelwal has termed the land scam allegations against Yadav as "baseless", saying whenever the state has a CM from the backward class, the Congress attempts to weaken him.

Tribunal awards Rs 2.46 crore to MARCOS diver with 88% disability after road accident

Tribunal awards Rs 2.46 crore to MARCOS diver with 88% disability after road accident

Rediff.com25 Jun 2026

A Delhi Motor Accident Claims Tribunal has awarded over 2.46 crore to Lakhpat Singh, a Marine Commandos (MARCOS) diver, who suffered 88 per cent permanent disability in a 2018 road accident, severely impacting his ability to continue his specialised military career.

UK court orders Nirav Modi to pay over $11.5 million to Bank of India

UK court orders Nirav Modi to pay over $11.5 million to Bank of India

Rediff.com24 Jun 2026

Fugitive diamond merchant Nirav Modi has been ordered by a UK High Court to pay Bank of India over USD 11.5 million, including accruing interest, for a personal loan guarantee related to his Dubai-incorporated firm, Firestar Diamond FZE.

Pharma distributor's licence cancelled over Kota C-section deaths

Pharma distributor's licence cancelled over Kota C-section deaths

Rediff.com26 Jun 2026

The World Health Organization has requested information from the Indian government regarding the alleged supply of spurious oxytocin injections linked to the deaths of five women in Kota hospitals. This comes after regulatory action, including the cancellation of manufacturing licenses for Jackson Laboratories units, following joint inspections by drug control bodies. The government is investigating the matter, emphasising a zero-tolerance approach to quality violations.

Telegram app is back on Google after ban, not on Apple

Telegram app is back on Google after ban, not on Apple

Rediff.com23 Jun 2026

Instant messaging platform Telegram has been restored in India after a week-long government ban, imposed due to its alleged role in circulating leaked NEET examination papers, expired. The Delhi High Court had upheld the ban as lawful and necessary.

Indian Two-Wheeler Makers Post Robust May Sales Driven by Domestic Demand, Exports

Indian Two-Wheeler Makers Post Robust May Sales Driven by Domestic Demand, Exports

Rediff.com3 Jun 2026

India's leading two-wheeler manufacturers experienced significant growth in May, propelled by strong domestic demand for premium motorcycles and scooters, channel inventory replenishment, and a recovery in export markets.

Assess Mythos Threat By June 30: RBI To Banks

Assess Mythos Threat By June 30: RBI To Banks

Rediff.com17 Jun 2026

'...A new challenge has emerged in the form of Mythos.'

Omar Abdullah's Kashmir Challenge Revives July 2, 1984 Memories

Omar Abdullah's Kashmir Challenge Revives July 2, 1984 Memories

Rediff.com2 Jul 2026

Omar Abdullah has so far laboured hard to make best of a bad bargain. Even so, the ground reality is anything but reassuring. The Opposition parties, including notably the PDP, appear to be gaining ground, though more by default. Public patience with Omar's government has nearly run out, notes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.

'Why Should We Be Okay With 6.5% Growth Rate?'

'Why Should We Be Okay With 6.5% Growth Rate?'

Rediff.com2 Jul 2026

'Why not aspire for 8 or 9 or even 10 per cent?'

WhatsApp Is Changing. Are You Safe?

WhatsApp Is Changing. Are You Safe?

Rediff.com3 Jul 2026

WhatsApp is finally letting you hide your phone number behind a custom username. While it's a massive win for privacy, cybersecurity experts warn it could unleash a wave of identity scams. Here is what you need to know.

Someone Else Owns India's Off Switch

Someone Else Owns India's Off Switch

Rediff.com17 Jun 2026

A sovereign cloud, our own DNS root and Root CA, a defence-led research base that builds for keeps, and a real national cybersecurity strategy that outlives electoral cycles are not vanity projects. They are the difference between a nation that can be switched off and one that cannot, points out Venkata Satish Guttula.

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.com17 May 2026

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.

Priyanka Chopra To Star With Angelina Jolie

Priyanka Chopra To Star With Angelina Jolie

Rediff.com19 Jun 2026

Priyanka Chopra Jonas has announced a collaboration with Angelina Jolie while also sharing insights into her role in S S Rajamouli's Varanasi.

Despite global risks, top Indian carmakers bullish on FY27 domestic demand

Despite global risks, top Indian carmakers bullish on FY27 domestic demand

Rediff.com18 May 2026

India's leading passenger vehicle manufacturers are significantly increasing investments and factory capacities, alongside planning major product launches for FY27, driven by strong confidence in sustained domestic demand growth despite global geopolitical tensions and supply chain risks.

Nifty 50's Contribution to India Inc's Q4 Earnings Hits 21-Quarter Low

Nifty 50's Contribution to India Inc's Q4 Earnings Hits 21-Quarter Low

Rediff.com10 Jun 2026

The Nifty 50 firms' contribution to the overall earnings of India Inc has steadily declined, reaching its lowest share in at least 21 quarters at 47.1 per cent in Q4FY26, down from 51.8 per cent a year earlier.

'In India Politics Has Taken Over Business'

'In India Politics Has Taken Over Business'

Rediff.com20 May 2026

'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'

Stanford students walk out during Sundar Pichai's address over deal with Israel

Stanford students walk out during Sundar Pichai's address over deal with Israel

Rediff.com15 Jun 2026

Students at Stanford University staged a walkout during Google CEO Sundar Pichai's commencement address, protesting the company's ties with the Israeli government, particularly its Project Nimbus cloud-computing deal.

Great Mothers Who Shaped Famous Indians

Great Mothers Who Shaped Famous Indians

Rediff.com10 May 2026

Who were the mothers who shaped Mahatma Gandhi, Sachin Tendulkar, Narendra Modi and other well-known Indians?

How Pramaana Labs Is Building Accountable AI With $27 Million Funding

How Pramaana Labs Is Building Accountable AI With $27 Million Funding

Rediff.com17 Jun 2026

AI firm Pramaana Labs, with a significant Indian workforce, has successfully raised $27 million in seed funding led by Khosla Ventures. The company aims to use these funds to advance its unique technology that converts complex knowledge into machine-verifiable truth, addressing the accountability gap in AI across regulated sectors like tax, healthcare, and financial compliance.

Multinational pharma cos, Indian drugmakers diverge to mutual gain: How win-win is it?

Multinational pharma cos, Indian drugmakers diverge to mutual gain: How win-win is it?

Rediff.com11 Mar 2026

For decades, multinational pharmaceutical companies and Indian drugmakers worked in ways that supported each other: MNCs brought innovation and brands, while Indian companies built scale through generics and cost efficiency. There was an important overlap - generic drugs - but this is shrinking fast. And the consequences are reshaping India's gigantic pharmaceutical market.

'Quality Companies To Lead Next IPO Wave'

'Quality Companies To Lead Next IPO Wave'

Rediff.com13 Mar 2026

'The next phase of India's IPO cycle will be defined by quality, pricing discipline and investor selectivity.'

Holoflex Plans Major Investment Amid Rising Counterfeit Concerns

Holoflex Plans Major Investment Amid Rising Counterfeit Concerns

Rediff.com11 Jun 2026

Holoflex Ltd, a leading anti-counterfeiting and security solutions provider, plans to invest Rs 30 crore over the next two years to establish a second manufacturing facility. This expansion is driven by increasing demand for integrated brand protection solutions and growing concerns over counterfeit products across various sectors, including essential goods. The company aims to significantly boost its revenue and strengthen its position in the rapidly growing anti-counterfeiting market.

PSU External Borrowings May Top $15 Billion in FY27 Amid RBI Incentives

PSU External Borrowings May Top $15 Billion in FY27 Amid RBI Incentives

Rediff.com8 Jun 2026

State-owned enterprises in India are projected to significantly increase their overseas borrowings, potentially exceeding $15 billion in FY27, driven by the Reserve Bank of India's new concessional forex swap facility which offers a 3 per cent funding-cost advantage.

Sarvam AI becomes unicorn with $234 million Series B funding, HCLTech acquires 10.46% stake

Sarvam AI becomes unicorn with $234 million Series B funding, HCLTech acquires 10.46% stake

Rediff.com16 Jun 2026

Sarvam AI, an Indian full-stack sovereign artificial intelligence company, has achieved unicorn status after raising $234 million in a Series B funding round led by HCLTech and Bessemer Venture Partners, with HCLTech acquiring a 10.46 per cent stake.

Want To Make India's Heaviest Rocket, LVM3?

Want To Make India's Heaviest Rocket, LVM3?

Rediff.com12 Jun 2026

The EoI comes at a time when ISRO is working to enhance LVM3's payload capacity to five tonnes in GTO and is also evaluating the procurement of a Russian semi-cryogenic engine for the vehicle's second stage.

JPMorgan downgrades Indian equities to 'neutral'

JPMorgan downgrades Indian equities to 'neutral'

Rediff.com25 Apr 2026

JPMorgan has downgraded Indian equities to 'neutral' from 'overweight', citing elevated valuations, rising earnings risks, and limited exposure to next-generation technology like AI. The brokerage believes other emerging markets offer more attractive risk/reward propositions despite India's strong structural growth story.

Adani Group And Embraer Choose Dholera For Regional Jet Assembly

Adani Group And Embraer Choose Dholera For Regional Jet Assembly

Rediff.com16 Jun 2026

Adani Group and Brazilian aerospace firm Embraer have selected Dholera, Gujarat, as the location for a final assembly line for Embraer's regional jets. This strategic collaboration, formalised by an MoU in January, aims to boost India's Regional Transport Aircraft programme and align with the Aatmanirbhar Bharat initiative and UDAN scheme. Embraer sees immense potential in the Indian market across various aviation segments.

5 dead, 20 rescued as under-construction warehouse collapses in Kolkata

5 dead, 20 rescued as under-construction warehouse collapses in Kolkata

Rediff.com24 Jun 2026

A three-storey under-construction warehouse in Kolkata's Taratala area collapsed, killing three people and trapping several others. Rescue operations are ongoing, with 18 individuals already saved, amid allegations of substandard construction materials and illegal building practices.

Centre tightens FCRA rules for NGOs receiving foreign funds

Centre tightens FCRA rules for NGOs receiving foreign funds

Rediff.com23 Jun 2026

The Indian government has amended the Foreign Contribution Regulation Act (FCRA) rules, introducing stricter regulations for NGOs receiving foreign funds. Key changes include mandatory selection of predefined purposes and areas of operation, restrictions on foreign nationals as key functionaries, and explicit exclusion of proselytisation from certain faith-based activities. The amendments also introduce minimum spending limits, enhanced financial accountability, and increased transparency requirements, including social media disclosure and ultimate donor identification.

2030 CWG in Ahmedabad to host 17 sports at massive cost savings

2030 CWG in Ahmedabad to host 17 sports at massive cost savings

Rediff.com22 Jun 2026

Seventeen sports will feature at the 2030 Commonwealth Games in Ahmedabad, which is set to be staged at around 60 per cent lower cost than previous editions as part of the Commonwealth Sport's revamped hosting model.

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

Rediff.com27 May 2026

Indian companies recorded their highest profit margins in 21 quarters during Q4FY26, reaching 11.3 per cent, primarily due to significant savings from lower employee costs and reduced interest payments, which offset rising raw material prices.

Army inducts 106 indigenous Agniveg drones for deep precision strikes

Army inducts 106 indigenous Agniveg drones for deep precision strikes

Rediff.com11 Jun 2026

A tech firm has delivered to the Army 106 turbojet-powered kamikaze drones designed to engage high-value targets deep inside enemy territory and operate in contested electromagnetic environments, according to a statement.

AI 171 Crash: 'Families Of 260 People Are Waiting For Answers'

AI 171 Crash: 'Families Of 260 People Are Waiting For Answers'

Rediff.com25 Jun 2026

'A lot of people feel there is pressure on the AAIB not to go against Boeing or GE -- both enormous American companies.' 'If the AAIB implicates Boeing or GE, it will impact their sales.' 'If their sales are impacted, jobs are lost in the United States. No government would willingly do that.'

Want OpenAI Shares? Read This First

Want OpenAI Shares? Read This First

Rediff.com17 Jun 2026

Investors should do thorough due diligence when selecting a platform.