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News for 'lease'

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Rediff.com17 May 2026

India is closely monitoring Sri Lanka's decision to offer foreign investors control of an airport near the China-controlled Hambantota port, as it could present a rare opening for Indian firms seeking strategic footholds in the Indian Ocean.

How Organ Donation Gave A Teenager A New Lease On Life

How Organ Donation Gave A Teenager A New Lease On Life

Rediff.com3 May 2026

A 14-year-old boy with end-stage heart failure received a life-saving heart transplant after the family of an Indian Army officer's wife, who was declared brain dead, consented to organ donation at Command Hospital, Chandimandir.

India's Residential Market Cools, Office Leasing Hits Quarterly High

India's Residential Market Cools, Office Leasing Hits Quarterly High

Rediff.com8 Apr 2026

India's residential real estate market experienced a 4 per cent year-on-year decline in sales during Q1CY26, while office leasing reached a quarterly high, rising 6 per cent year-on-year to 29.9 million square feet, according to Knight Frank India.

Mumbai's BEST bus services remain below normal despite strike recall

Mumbai's BEST bus services remain below normal despite strike recall

Rediff.com22 Jun 2026

Despite BEST employees calling off their indefinite strike, Mumbai's bus services remained significantly below normal on Monday morning, with only 57% of the scheduled fleet operational. Commuters experienced long waits, leading many to seek alternative transport. The strike ended after an agreement with Deputy CM Eknath Shinde, which included interim pay hikes and commitments for future improvements and clearing dues.

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Rediff.com6 days ago

Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.

How Delhi Hospital Gave Woman New Lease Of Life

How Delhi Hospital Gave Woman New Lease Of Life

Rediff.com26 Apr 2026

A Delhi hospital has successfully performed a bilateral hand transplant on a young mother who lost her hands in an accident, thanks to a brain-dead donor's family consenting to the donation.

BEST bus strike: Mumbaikars continue to struggle for 2nd day

BEST bus strike: Mumbaikars continue to struggle for 2nd day

Rediff.com20 Jun 2026

BEST employees continued their strike in Mumbai for a second day, causing significant disruption to public transport despite appeals from the Maharashtra Transport Minister and the invocation of MESMA. Commuters were forced to rely on alternative, overcrowded transport options, while the striking unions maintained their demands for budget merger, improved pay, and absorption of contractual workers.

Jio to develop sovereign LEO satellite constellation, partner global providers

Jio to develop sovereign LEO satellite constellation, partner global providers

Rediff.com19 Jun 2026

Jio Platforms managing director Akash Ambani announced plans for Jio to develop a sovereign Low Earth Orbit (LEO) satellite constellation and partner with global providers to extend connectivity to remote areas of India, aiming to strengthen India's self-reliance in space.

Day 3 of BEST strike: Special buses for NEET re-exam

Day 3 of BEST strike: Special buses for NEET re-exam

Rediff.com21 Jun 2026

The Brihanmumbai Electric Supply and Transport (BEST) undertaking arranged special bus services for students appearing in the NEET re-examination in Mumbai, deploying 60 buses on 24 routes for approximately 180 trips, despite an ongoing strike by its employees that has paralysed public transport.

Three Arrested in Rajasthan Bribery Case Involving Land and Lease Deeds

Three Arrested in Rajasthan Bribery Case Involving Land and Lease Deeds

Rediff.com12 Mar 2026

The Rajasthan Anti-Corruption Bureau (ACB) arrested three individuals, including a patwari in Jaipur and an e-Mitra operator in Ajmer, for allegedly accepting bribes related to land division and lease deed registration.

Forward Deployed Engineers In High Demand

Forward Deployed Engineers In High Demand

Rediff.com15 Jun 2026

In the first three quarters of 2025, FDE job demand jumped by nearly 800 per cent.

How A DRDO Employee Lost Rs 15 Lakh In An Online Investment Scam

How A DRDO Employee Lost Rs 15 Lakh In An Online Investment Scam

Rediff.com11 Jun 2026

A DRDO employee in New Delhi was defrauded of over Rs 15 lakh in a sophisticated online investment scam involving fake work-from-home tasks and promises of high returns. Police have arrested three individuals from Haryana and Rajasthan who played different roles in facilitating the movement of the illicit funds, with further investigation ongoing.

CBSE, NEET Row May Raise Hiring Costs

CBSE, NEET Row May Raise Hiring Costs

Rediff.com11 Jun 2026

'For every 10,000 applicants, even an additional Rs 300 to Rs 700 per candidate for testing, assessment administration and re-screening can mean Rs 30 lakh to Rs 70 lakh extra at the hiring-stage cost before training begins.'

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Rediff.com2 Jun 2026

Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.

Air India May Restore Flight Cuts

Air India May Restore Flight Cuts

Rediff.com2 days ago

'We may be able to wind back some of the schedule reductions we'd taken in recent months.'

Mumbai grinds to a halt as BEST strike pulls 2,700 buses off roads

Mumbai grinds to a halt as BEST strike pulls 2,700 buses off roads

Rediff.com19 Jun 2026

Employees of Mumbai's BEST undertaking have launched an indefinite strike, severely impacting public transport and electricity services. The strike, called by a joint action committee, demands budget merger with BMC, settlement of dues, and implementation of the Seventh Pay Commission, among other issues. Despite court orders and MESMA invocation, the strike continues, causing widespread inconvenience to millions of commuters and electricity consumers.

India Post's Biggest Makeover in 150 Years

India Post's Biggest Makeover in 150 Years

Rediff.com3 days ago

India Post is reinventing itself from a traditional mail service into a modern logistics, e-commerce, and real estate powerhouse. Several post offices situated inside major university campuses, called Gen Z post offices, have received a facelift, with cafe-like decor and wi-fi availability.

RIL to build Meta's first AI data centre in India

RIL to build Meta's first AI data centre in India

Rediff.com11 Jun 2026

Meta has partnered with Reliance Industries Ltd (RIL) to construct its first AI-powered data centre in India, a 168-megawatt facility located in Jamnagar, marking a significant milestone in Meta's global infrastructure expansion and deepening its strategic partnership with Reliance.

How India Can Create 100 Million New Jobs In 7 Years!

How India Can Create 100 Million New Jobs In 7 Years!

Rediff.com4 Jun 2026

TeamLease Co-founder Manish Sabharwal on why regulatory cholesterol is killing India's entrepreneurial engine -- and how we can fix it and generate 100 million jobs in India in just about 7 years.

Brain-dead at 85, retired Delhi official saves multiple lives

Brain-dead at 85, retired Delhi official saves multiple lives

Rediff.com6 Jun 2026

An 85-year-old retired MCD official, declared brain-dead after a severe stroke, became an organ donor, saving multiple lives. His family's compassionate decision highlights the critical need for increased organ donation awareness in India, where deceased donor rates remain low despite high demand for transplants.

How Garuda Aerospace Is Expanding Its Global Drone Footprint

How Garuda Aerospace Is Expanding Its Global Drone Footprint

Rediff.com16 Jun 2026

Indian drone startup Garuda Aerospace has partnered with Extensee SAS to deploy Airbus' Flexrotor unmanned aerial vehicles internationally. This collaboration aims to leverage Extensee's operational expertise for various long-range autonomous missions, expanding Garuda Aerospace's Drone-as-a-Service offerings globally.

India Inc to see 8.6-10.2% salary hikes in FY27, driven by skilled talent demand

India Inc to see 8.6-10.2% salary hikes in FY27, driven by skilled talent demand

Rediff.com9 Jun 2026

Corporate India is projected to offer salary increments ranging from 8.6 per cent to 10.2 per cent across various industries in the financial year 2026-27, primarily fuelled by a sustained demand for skilled and execution-focused talent, according to a TeamLease Services report.

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

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

Rediff.com5 days ago

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.

Which Industries Will Give Bigger Salary Hikes?

Which Industries Will Give Bigger Salary Hikes?

Rediff.com10 Jun 2026

'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'

Telangana Farmer Kills Wife, Children, Over Debt

Telangana Farmer Kills Wife, Children, Over Debt

Rediff.com27 May 2026

A 40-year-old man in Telangana allegedly killed his wife and two children before dying by suicide due to mounting debts, police said.

Disturbing feedback on Aravalli mining, says SC, refuses to pass order for now

Disturbing feedback on Aravalli mining, says SC, refuses to pass order for now

Rediff.com15 May 2026

The Supreme Court has expressed concern over mining activities in the Aravalli hills and range, deferring any orders in favour of mining lease holders until it is fully satisfied with the environmental impact.

How Srinagar Police Are Cracking Down On Drug Trafficking

How Srinagar Police Are Cracking Down On Drug Trafficking

Rediff.com6 Jun 2026

Srinagar police have attached properties worth approximately Rs 3.5 crore belonging to two alleged drug peddlers as part of an ongoing crackdown on drug trafficking and efforts to seize assets acquired through illegal narcotics trade under the 'Nasha Mukt Jammu and Kashmir Abhiyan'. The attached properties include residential houses and land, with owners prohibited from any transactions pending legal proceedings.

'India Has Enough Oil And Gas Beneath The Soil'

'India Has Enough Oil And Gas Beneath The Soil'

Rediff.com13 Jun 2026

'Exploration should be made easier and companies should be given operational flexibility.'

HC relief for Delhi Gymkhana Club amid eviction row

HC relief for Delhi Gymkhana Club amid eviction row

Rediff.com27 May 2026

The Centre had asked the Gymkhana Club in Lutyens' Delhi to hand over the premises, citing that the 27.3-acre plot was required for "strengthening and securing defence infrastructure".

Govt sends eviction notice to elite Delhi Gymkhana Club, cites security reasons

Govt sends eviction notice to elite Delhi Gymkhana Club, cites security reasons

Rediff.com23 May 2026

The Delhi Gymkhana Club, a historic landmark in Lutyens' Delhi, is facing eviction as the government seeks to reclaim its land for defence infrastructure, raising concerns about the future of this elite institution.

ATM Interchange Fee May Be Linked to WPI, Fresh Hike Expected

ATM Interchange Fee May Be Linked to WPI, Fresh Hike Expected

Rediff.com1 Jun 2026

The National Payments Corporation of India (NPCI) is set to consider linking the ATM interchange fee to the Wholesale Price Index (WPI), alongside a potential hike from the current 19 to 21-22, which could impact customer charges for transactions beyond the free limit.

Jaipur Land Fraud: Seven Booked After Court Intervention

Jaipur Land Fraud: Seven Booked After Court Intervention

Rediff.com18 May 2026

Seven individuals have been booked in Jaipur for alleged land fraud, forgery, and criminal conspiracy following a court order. The accused are alleged to have created forged property documents to illegally take possession of residential plots in the Narayan Vihar area.

Ex-Police Officer Held After Firing Weapon Over Land Row

Ex-Police Officer Held After Firing Weapon Over Land Row

Rediff.com28 May 2026

A retired deputy superintendent of police in Ahmedabad was arrested along with his son and daughter after allegedly firing five rounds from his licensed pistol during a land dispute.

Despite 11 pending court cases, Environment Min panel clears coal mining project

Despite 11 pending court cases, Environment Min panel clears coal mining project

Rediff.com20 May 2026

The Environment Ministry's expert appraisal committee (EAC) has cleared the expansion of the Magadh opencast coal mine in Jharkhand, operated by Central Coalfields Limited, despite pending court cases regarding alleged encroachment of forest land.

Listed companies' rent, lease expenses down since pandemic

Listed companies' rent, lease expenses down since pandemic

Rediff.com3 Jan 2026

Companies' rent and lease expenses have seen a significant decline relative to the money they make since the pandemic.

June Is A Cruel Month For Airlines, Airports

June Is A Cruel Month For Airlines, Airports

Rediff.com2 Jun 2026

Airlines are cutting not only international services but also domestic flights, especially on routes projected to remain unprofitable in the coming weeks due to weak demand and high fares.

Property Scam Unravelled: Man Arrested for Cheating Visually Impaired Woman

Property Scam Unravelled: Man Arrested for Cheating Visually Impaired Woman

Rediff.com16 Apr 2026

A 51-year-old man has been arrested in Delhi for allegedly defrauding a visually impaired woman of Rs 14.5 lakh under the guise of leasing a property. The arrest has uncovered a larger fraud scheme involving multiple victims and nearly Rs 2 crore.

Supreme Court: Aravalli Definition Panel Must Consult Experts, Public

Supreme Court: Aravalli Definition Panel Must Consult Experts, Public

Rediff.com25 May 2026

The Supreme Court has emphasised that the expert committee tasked with defining the Aravalli hills and ranges must consult domain experts and other stakeholders to ensure public input is heard.

Two Arrested After Boy Killed Over Watermelons In Agra

Two Arrested After Boy Killed Over Watermelons In Agra

Rediff.com2 May 2026

A 13-year-old boy was killed in Agra for allegedly plucking watermelons from a field owned by his family. Police have arrested two people in connection with the incident, which has caused tension in the area.

Srinagar Police Seize Drug Peddlers' Assets Worth Over Rs 2 Crore

Srinagar Police Seize Drug Peddlers' Assets Worth Over Rs 2 Crore

Rediff.com7 May 2026

Police in Srinagar have attached immovable properties worth over Rs 2 crore belonging to alleged drug peddlers as part of the 'Nasha Mukt Jammu and Kashmir Abhiyan'. The attached properties include residential houses in Chanapora and Qamarwari, acquired through proceeds from drug trafficking.

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