News for 'managing director'

Can Srini Pallia Revive Wipro?

Can Srini Pallia Revive Wipro?

Rediff.com2 Jun 2026

'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'

How Punjab Police Dismantled Drug Trafficking Networks

How Punjab Police Dismantled Drug Trafficking Networks

Rediff.com31 May 2026

Punjab Police has dismantled the financial infrastructure of drug-trafficking networks, freezing assets worth Rs 300 crore linked to alleged drug smugglers.

Tata Steel's Q4 Net Profit Jumps 125% on Higher Volumes, Cost Cuts

Tata Steel's Q4 Net Profit Jumps 125% on Higher Volumes, Cost Cuts

Rediff.com16 May 2026

Tata Steel reported a significant 124.9 per cent year-on-year increase in consolidated net profit to 2,925.74 crore for the fourth quarter of FY26, driven by higher volumes and an improved product mix in India, alongside planned cost reductions across its global operations.

Adi Godrej's Son Pirojsha to Succeed Nadir Godrej as Group Chairperson

Adi Godrej's Son Pirojsha to Succeed Nadir Godrej as Group Chairperson

Rediff.com13 Apr 2026

Godrej Industries Group announces Pirojsha Godrej as the new chairperson, succeeding Nadir Godrej in August, marking a significant leadership transition within the conglomerate.

HDFC Bank board firefights after ex-chairman's resignation

HDFC Bank board firefights after ex-chairman's resignation

Rediff.com19 Mar 2026

HDFC Bank's leadership addresses the sudden resignation of its chairman, citing ethical concerns, and attempts to reassure stakeholders about the bank's governance and future stability.

Kolkata Businessman Arrested In Money Laundering Investigation

Kolkata Businessman Arrested In Money Laundering Investigation

Rediff.com19 Apr 2026

The Enforcement Directorate arrested a Kolkata-based businessman, Jay Kamdar, following searches against him and a Kolkata Police Deputy Commissioner as part of a money laundering probe linked to an alleged criminal syndicate.

Credit card adoption rises in Tier-II, -III cities

Credit card adoption rises in Tier-II, -III cities

Rediff.com20 May 2026

Credit card adoption is rapidly expanding beyond India's major metropolitan areas into Tier-II and Tier-III cities, driven by increasing incomes, digital awareness, and the integration of RuPay credit cards with UPI, according to a new report by SBI Card.

How RCB Went From Nearly Men To IPL's New Dynasty

How RCB Went From Nearly Men To IPL's New Dynasty

Rediff.com1 Jun 2026

How Andy Flower, Mo Bobat, Rajat Patidar and Virat Kohli transformed Royal Challengers Bengaluru from IPL underachievers into back-to-back champions and potential dynasty builders.

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Ex-IDFC Bank Staff Held In Rs 590 Crore Money Laundering Case

Rediff.com12 May 2026

The Enforcement Directorate has arrested two former IDFC First Bank employees in connection with a money laundering case involving the alleged embezzlement of Rs 590 crore in Haryana government funds.

M&M refines supply chain strategy to counter global disruptions

M&M refines supply chain strategy to counter global disruptions

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is implementing a comprehensive, multi-layered strategy to fortify its supply chains against geopolitical volatility, logistical challenges, and regulatory risks, drawing lessons from recent global disruptions.

How AI Can Boost India's Economy By $500 Billion

How AI Can Boost India's Economy By $500 Billion

Rediff.com13 May 2026

A joint study by IBM and IndiaAI, a MeiTY initiative, indicates that Artificial Intelligence (AI) has the potential to contribute over USD 500 billion to India's economy by 2030. The report highlights the need for improved AI literacy, infrastructure, and data quality to fully realise this potential.

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Rediff.com13 May 2026

Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.

INOX Air Products Commissions Ultra-High Purity Oxygen Plant in India

INOX Air Products Commissions Ultra-High Purity Oxygen Plant in India

Rediff.com3 Apr 2026

INOX Air Products has commissioned a new ultra-high purity liquid oxygen facility in Hosur, Tamil Nadu, to support India's growing semiconductor and solar manufacturing sectors, reducing reliance on imports.

Preferential Equity Listings Hit Record High in FY26 Amid Market Volatility

Preferential Equity Listings Hit Record High in FY26 Amid Market Volatility

Rediff.com5 May 2026

Preferential equity listings in India reached an unprecedented 1,307 in FY26, marking a 33% increase from the previous year and reflecting a strategic choice for companies during market volatility.

Reliance Infra seeks review of surveillance framework linked to IBC

Reliance Infra seeks review of surveillance framework linked to IBC

Rediff.com8 Jun 2026

Reliance Infrastructure (Reliance Infra) has submitted a representation to Sebi, NSE, and BSE, seeking a review of the Additional Surveillance Measure (ASM) framework and related trading restrictions on its shares, arguing they adversely impact its 700,000+ public shareholders and hinder fair price discovery.

Kolkata Businessman Arrested For Money Laundering: What It Means

Kolkata Businessman Arrested For Money Laundering: What It Means

Rediff.com20 Apr 2026

The Enforcement Directorate (ED) has arrested Jay Kamdar, a Kolkata businessman, for alleged money laundering. The ED claims Kamdar had close ties with police officers and misused his influence in land-related matters. The investigation is linked to an alleged criminal syndicate led by Biswajit Podder.

Monfils refuses to fade away after Roland Garros goodbye

Monfils refuses to fade away after Roland Garros goodbye

Rediff.com26 May 2026

Gael Monfils is determined to emulate the likes of Cristiano Ronaldo and LeBron James by playing into his 40s and hopes to play at Wimbledon, Montreal and the U.S. Open before bringing down the curtain on his career on home soil at the Paris Masters.

Gita Gopinath to take No 2 role at IMF as First Deputy Managing Director

Gita Gopinath to take No 2 role at IMF as First Deputy Managing Director

Rediff.com3 Dec 2021

Gita Gopinath, the IMF's Indian-American chief economist has been promoted as its First Deputy Managing Director recognising her exceptional intellectual leadership in helping the global economy and the Fund to navigate the "twists and turns" of the "worst economic crisis of our lives". Gopinath would replace Geoffrey Okamoto who plans to leave the International Monetary Fund early next year, Kristalina Georgieva, IMF's managing director announced on Thursday. Gopinath, who was scheduled to return to her academic position at Harvard University in January 2022, has decided to stay, she said. Gopinath, 49, has served as the first female chief economist of the Washington-based global lender for three years.

Heard About NPS' RIS Scheme For Your Parents?

Heard About NPS' RIS Scheme For Your Parents?

Rediff.com27 May 2026

RIS Steady Life Cycle begins with an equity allocation of 35 per cent at age 60, which gradually reduces. Between ages 75 and 85, it remains constant at 10 per cent.

How Bollywood Celebrated Father's Day

How Bollywood Celebrated Father's Day

Rediff.com22 Jun 2026

Bollywood celebrate Father's Day with memories, pictures and sweet messages on social media.

Bank of Baroda and Reliance Jio Team Up to Expand Mobile Banking for Feature Phone Users

Bank of Baroda and Reliance Jio Team Up to Expand Mobile Banking for Feature Phone Users

Rediff.com13 Apr 2026

Bank of Baroda has partnered with Reliance Jio to provide access to its mobile banking application, 'bob World Lite', for users of Jio feature phones, aiming to promote financial inclusion and digital payments.

PharmEasy's parent has a new playbook: Profit first, growth second

PharmEasy's parent has a new playbook: Profit first, growth second

Rediff.com27 May 2026

API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.

Kolkata Businessman Arrested In Money Laundering Investigation

Kolkata Businessman Arrested In Money Laundering Investigation

Rediff.com19 Apr 2026

The Enforcement Directorate arrested a Kolkata-based businessman, Kamdar, after conducting searches against him and a Kolkata Police Deputy Commissioner as part of a money laundering probe linked to an alleged criminal syndicate in West Bengal.

Hospitals Ready as World Cup Organisers Monitor Ebola Concerns

Hospitals Ready as World Cup Organisers Monitor Ebola Concerns

Rediff.com15 Jun 2026

The US Centers for Disease Control and Prevention, the Pan American Health Organization and the World Health Organization have all described the risk of Ebola to World Cup host countries as low, citing measles, COVID-19 and influenza -- which spread when large crowds gather -- as the most likely threats.

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.

Police Raid Abhishek Banerjee's Residence In Financial Fraud Probe

Police Raid Abhishek Banerjee's Residence In Financial Fraud Probe

Rediff.com13 Jun 2026

West Bengal police, supported by central forces, conducted a four-hour predawn raid on TMC MP Abhishek Banerjee's Kolkata residence in connection with a financial fraud case involving his aide, Sumit Roy. The operation, which Banerjee claims involved forced entry, has been denounced by the TMC as "political vendetta" and comes as Banerjee faces multiple investigations from various agencies, further escalating political tensions in the state.

'Gravely concerning': Tata on harassment, conversion charges at TCS Nashik

'Gravely concerning': Tata on harassment, conversion charges at TCS Nashik

Rediff.com13 Apr 2026

Tata Sons chairman N Chandrasekaran has addressed the sexual harassment allegations at TCS Nashik, calling them 'gravely concerning' and announcing a thorough investigation led by a senior executive. The investigation follows complaints from eight female employees alleging sexual harassment and forced religious conversion.

South African Scientists Recognised For Public Health Work

South African Scientists Recognised For Public Health Work

Rediff.com20 May 2026

Two South African scientists of Indian origin, Professor Salim Abdool Karim and Professor Keertan Dheda, have been awarded the Order of Mapungubwe for their contributions to public health, particularly in HIV/AIDS, tuberculosis research, and pulmonology.

Mercedes says demand stays strong despite supply disruptions

Mercedes says demand stays strong despite supply disruptions

Rediff.com28 Apr 2026

Despite the ongoing West Asia conflict causing global trade route disruptions, Mercedes-Benz India reports resilient customer demand, particularly for its new electric CLA sedan, though it faces challenges with component supply delays and escalating shipping costs.

Biocon eyes in-licensing to boost biosimilars portfolio, targets margin expansion

Biocon eyes in-licensing to boost biosimilars portfolio, targets margin expansion

Rediff.com9 May 2026

Biocon is actively seeking in-licensing opportunities to expand its biosimilars portfolio, focusing on products that complement existing therapy areas, as the company shifts to a 'consolidate' phase with a strong emphasis on improving capacity utilisation, expanding margins, and driving return on capital employed.

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Rediff.com5 May 2026

Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.

Yogasana Sets Sights On Becoming An Olympic Sport By 2036

Yogasana Sets Sights On Becoming An Olympic Sport By 2036

Rediff.com28 May 2026

Yogasana, the ancient Indian practice, is aiming to become a global sport and secure a place in the 2036 Olympics, with India hoping to host the Games in Ahmedabad. The sport has already been included in this year's Asian Games as a demonstration sport and is eyeing the 2030 Commonwealth Games. World Yogasana is working to meet the IOC's requirements for recognition, focusing on expanding its global reach and adhering to anti-doping standards.

Yes Bank's Q4 net profit jumps 45%, signalling end of recovery phase

Yes Bank's Q4 net profit jumps 45%, signalling end of recovery phase

Rediff.com18 Apr 2026

Private sector lender Yes Bank reported a 45 per cent increase in its March quarter net profit to Rs 1,068 crore, with its new managing director and CEO, Vinay M. Tonse, signalling the end of its over six-year-long recovery phase and a readiness to align loan growth with the broader banking sector.

Jio IPO Set To Break All Records

Jio IPO Set To Break All Records

Rediff.com4 Apr 2026

Only 2.5 per cent of the equity in Jio Platforms will be offloaded through the OFS route -- meant for secondary share sale.

Biocon eyes global insulin leadership as rivals pivot to GLP-1 therapies

Biocon eyes global insulin leadership as rivals pivot to GLP-1 therapies

Rediff.com8 Apr 2026

Biocon aims to become the world's leading insulin company, capitalising on larger pharmaceutical rivals' strategic shift towards newer, high-margin GLP-1 diabetes therapies. The company plans to expand its insulin presence across 80 markets, focusing on value maximisation and addressing the indispensable need for insulin, particularly for Type-1 and late-stage Type-2 diabetics.

Shreyas Iyer joins Mumbai Falcons as face of F1 sim racing push

Shreyas Iyer joins Mumbai Falcons as face of F1 sim racing push

Rediff.com30 Apr 2026

Mumbai Falcons Racing Limited (MFRL) has named Shreyas Iyer as the brand ambassador for its Formula 1 programme in India.

Punjab Minister's ED Remand Extended In Money Laundering Probe

Punjab Minister's ED Remand Extended In Money Laundering Probe

Rediff.com16 May 2026

A court in Gurugram has extended the Enforcement Directorate (ED) remand of Punjab minister Sanjeev Arora by two days in connection with a Rs 100-crore money laundering case.

Brendon McCullum to continue as head coach in all three formats, confirms ECB

Brendon McCullum to continue as head coach in all three formats, confirms ECB

Rediff.com23 Mar 2026

Brendon McCullum will continue as England's head coach in all three formats, the England and Wales Cricket Board (ECB) said on Monday, despite the team's lacklustre performances and lingering questions about their dressing-room culture.

TACC, NUS Join Hands To Advance Material Science

TACC, NUS Join Hands To Advance Material Science

Rediff.com2 Jun 2026

Graphite electrode maker TACC has signed an initial agreement with the Institute for Functional Intelligent Materials to collaborate in the fields of advanced materials science, nanotechnology, and related disciplines.

Tata Sons Launches Probe into 'Gravely Concerning' TCS Nashik Allegations

Tata Sons Launches Probe into 'Gravely Concerning' TCS Nashik Allegations

Rediff.com13 Apr 2026

Tata Sons chairman N Chandrasekaran has announced an investigation into allegations of sexual harassment and forced religious conversion at TCS's Nashik branch, calling the claims 'gravely concerning'.