News for 'managing director'

Ola Electric shifts IPO funds from R&D to debt amid sales slump

Ola Electric shifts IPO funds from R&D to debt amid sales slump

Rediff.com28 Mar 2026

Ola Electric Mobility Ltd is redirecting 575 crore from its initial public offering (IPO) proceeds, originally earmarked for research and product development, towards debt repayment and organic growth initiatives, signalling mounting pressure on the electric-vehicle maker.

Nagpur explosives unit blast: Minister points to safety lapses; MD held

Nagpur explosives unit blast: Minister points to safety lapses; MD held

Rediff.com2 Mar 2026

A senior Maharashtra minister has alleged negligence on the part of SBL Energy Ltd following a fatal explosion at its Nagpur detonator-making unit that killed 19 workers. The government has promised compensation and a thorough investigation into safety lapses.

Why Staying Invested During Wars Builds Wealth

Why Staying Invested During Wars Builds Wealth

Rediff.com7 May 2026

Disciplined investors who ignore short-term fear build significant long-term wealth, notes Ramalingam Kalirajan

Mammootty: The Superstar Who Turned Flaws Into Firepower

Mammootty: The Superstar Who Turned Flaws Into Firepower

Rediff.com17 May 2026

Mammootty's greatness lies not in hiding his flaws, but in turning them into his most powerful acting tools, observes Sreehari Nair.

Markets underpricing oil shock risk amid West Asia conflict, say analysts

Markets underpricing oil shock risk amid West Asia conflict, say analysts

Rediff.com31 Mar 2026

Analysts warn that global markets are significantly underpricing the risk of an oil price shock, with Brent crude potentially soaring to $150 per barrel if the West Asia conflict escalates or damages critical oil and gas infrastructure. This could lead to severe inflation and economic repercussions, particularly for import-dependent nations like India.

TCS Q4 net profit jumps 12% to Rs 13,718 cr; adds 2k employees as layoffs end

TCS Q4 net profit jumps 12% to Rs 13,718 cr; adds 2k employees as layoffs end

Rediff.com10 Apr 2026

Tata Consultancy Services (TCS) announced a 12.22 per cent increase in its net profit for the March quarter, reaching Rs 13,718 crore, alongside a 9.64 per cent rise in revenue from operations.

Why Did Atanu Chakraborty Quit HDFC Bank?

Why Did Atanu Chakraborty Quit HDFC Bank?

Rediff.com30 Mar 2026

'During the bank's board meeting, many directors asked him if there is a governance issue but he said there is none.'

From Kaziranga to Kanha: Wild water buffaloes being translocated 2000 km

From Kaziranga to Kanha: Wild water buffaloes being translocated 2000 km

Rediff.com30 Apr 2026

Officials say the move represents the species' return after nearly a century, filling a long-standing ecological void. The animals, transported under strict veterinary supervision in specially designed crates, will initially be kept in soft-release enclosures to help them adapt before being fully released into the wild.

Pallichattambi Review: Visually Sumptuous

Pallichattambi Review: Visually Sumptuous

Rediff.com16 Apr 2026

The strength of the human spirit in the face of oppression and collective action is a theme well suited to these divided times, but Pallichattambi needed to be more precise and focused in its imagination to the make the noble intentions stick, notes Arjun Menon.

Himanta, wife's income doubles to Rs 35 cr in 5 years

Himanta, wife's income doubles to Rs 35 cr in 5 years

Rediff.com21 Mar 2026

The combined income of Assam Chief Minister Himanta Biswa Sarma and his wife has doubled to Rs 35.16 crore in 2026, according to his election affidavit. The affidavit details the increase in movable and immovable assets of both Sarma and his wife, Riniki Bhuyan Sarma.

C D Gopinath's Death Ends Cricket's Historic Chapter

C D Gopinath's Death Ends Cricket's Historic Chapter

Rediff.com10 Apr 2026

C D Gopinath was a member of the team that secured India's first-ever Test victory in 1952, beating England by an innings and eight runs--his contribution being a valuable 35 runs. Little did I imagine that within months of putting his journey into words as the oldest living Indian cricketer, he would pass away on April 9, 2026, at the age of 96.

Sports Authority of India Canteen Shuts Down Amidst Pricing Disputes

Sports Authority of India Canteen Shuts Down Amidst Pricing Disputes

Rediff.com10 Apr 2026

The canteen at the Sports Authority of India's headquarters in Delhi has suspended operations, with the vendor citing LPG supply shortages, while sources suggest pricing disputes are the real issue.

Sports Authority of India Canteen Shuts Down Amidst LPG Supply Concerns and Pricing Disputes

Sports Authority of India Canteen Shuts Down Amidst LPG Supply Concerns and Pricing Disputes

Rediff.com10 Apr 2026

The canteen at the Sports Authority of India's headquarters in Delhi has suspended operations due to a vendor complaint about LPG supply shortages, though sources suggest pricing disputes are also a factor. This closure primarily affects staff, as athletes' meals are provided separately.

Noida International Airport: Property Prices Soar Along Yamuna Expressway

Noida International Airport: Property Prices Soar Along Yamuna Expressway

Rediff.com30 Mar 2026

The inauguration of Noida International Airport (NIA) is set to significantly increase property values in micro-markets along the Yamuna Expressway, with projections indicating a 28 per cent rise for plots and 22 per cent for apartments over the next two years, according to Colliers.

SAI Workshop Aims To Boost Ethical Sports Science Research

SAI Workshop Aims To Boost Ethical Sports Science Research

Rediff.com21 Apr 2026

The Sports Authority of India (SAI), in collaboration with the Indian Council of Medical Research (ICMR), conducted a workshop on Good Clinical Practice (GCP) to strengthen ethical sports science research.

Govt notifies rules to enable 100% FDI in insurance sector

Govt notifies rules to enable 100% FDI in insurance sector

Rediff.com1 Jan 2026

Following the notification allowing 100 per cent foreign direct investment (FDI) in the insurance sector, the Finance Ministry has revised norms to remove the requirement that a majority of directors and key management personnel in an insurance company with foreign investment be Indian residents.

Remittances from West Asia see 20-30% jump in March due to conflict

Remittances from West Asia see 20-30% jump in March due to conflict

Rediff.com20 Mar 2026

Remittances from West Asia in March rose sharply amid the conflict in the region, with industry insiders estimating inflows to be 20-30 per cent higher than what is usual in a month.

Chairman Exit Exposes HDFC Bank Power Clash: FT

Chairman Exit Exposes HDFC Bank Power Clash: FT

Rediff.com27 Mar 2026

The Financial Times, citing multiple bankers and shareholders, reports that the real tensions ran far deeper than compliance concerns.

Poachers Open Fire on Forest Officials in Pilibhit Tiger Reserve

Poachers Open Fire on Forest Officials in Pilibhit Tiger Reserve

Rediff.com16 Apr 2026

A group of suspected poachers allegedly opened fire at a forest department patrolling team in the Pilibhit Tiger Reserve (PTR) before fleeing. The forest department recovered a motorcycle and a wild boar carcass from the scene.

Platform partnerships gain ground in realty

Platform partnerships gain ground in realty

Rediff.com5 Mar 2026

Platform-style partnerships between global investors and Indian developers are expected to gain further traction over the next few years. This comes as institutional capital increasingly shifts from one-off asset acquisitions to scalable, long-term strategies.

Cibil CEO: Lenders must engage with customers on credit usage, as they did during pandemic

Cibil CEO: Lenders must engage with customers on credit usage, as they did during pandemic

Rediff.com8 Apr 2026

TransUnion Cibil CEO Bhavesh Jain highlights the improved retail portfolio quality in January but stresses the need for lenders to continuously engage with borrowers on credit usage and repayment, similar to the approach taken during the Covid-19 pandemic, as the impact of the Iran war on credit quality is still being assessed.

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.

Atanu Chakraborty Reveals Reasons for His Resignation as HDFC Bank Chairman

Atanu Chakraborty Reveals Reasons for His Resignation as HDFC Bank Chairman

Rediff.com31 Mar 2026

Former HDFC Bank chairman Atanu Chakraborty cites misselling of AT-1 bonds and underperformance as key reasons for his resignation, dismissing personal differences as a major factor.

Sigachi Industries CEO held over Telangana plant blast

Sigachi Industries CEO held over Telangana plant blast

Rediff.com28 Dec 2025

A top executive of Sigachi Industries has been arrested in connection with the explosion at its pharma plant in Telangana in June, which resulted in 54 deaths.

'We Will See A Different BJP In Bengal'

'We Will See A Different BJP In Bengal'

Rediff.com7 May 2026

'In West Bengal, the BJP's ideology of Hindutva will be customised to cater to the culture and the cultural imperatives of Bengalis.'

India's EV market surges in FY26, driven by strong year-end push

India's EV market surges in FY26, driven by strong year-end push

Rediff.com2 Apr 2026

India's electric vehicle (EV) market experienced a significant surge in financial year 2025-26 (FY26), with e4W registrations nearly doubling and e2Ws growing by over 20%, propelled by expanding charging infrastructure, diverse model launches, and accessible financing.

When Riteish-Genelia Cried At Raja Shivaji Trailer Launch

When Riteish-Genelia Cried At Raja Shivaji Trailer Launch

Rediff.com21 Apr 2026

'Creating a film on Maharaj is beyond my capability. I believe that even if the finest directors in the world came together, no single film could ever truly do justice to our Maharaj.'

BJP Demands CBI Investigation into Punjab Official's Suicide, Alleges Government Cover-Up

BJP Demands CBI Investigation into Punjab Official's Suicide, Alleges Government Cover-Up

Rediff.com25 Mar 2026

A Punjab BJP delegation has requested a CBI investigation into the suicide of a Punjab State Warehousing Corporation official, alleging harassment and a cover-up by the state government.

ICICI Bank's Q4 consolidated net profit rises 9.28% to Rs 14,755 crore

ICICI Bank's Q4 consolidated net profit rises 9.28% to Rs 14,755 crore

Rediff.com18 Apr 2026

ICICI Bank reported a 9.28 per cent increase in its consolidated net profit to Rs 14,755 crore for the March quarter of FY26, primarily driven by a nearly 90 per cent reduction in provisioning. The bank's executive director, Sandeep Batra, noted strong asset growth but expressed caution regarding the geopolitical situation in West Asia.

Asha Bhosle: 'I Am Unable To Trust Anyone'

Asha Bhosle: 'I Am Unable To Trust Anyone'

Rediff.com14 Apr 2026

'When you reach a good point in your life, you should never forget the struggle that got you there. I haven't. That is why I have not become swollen-headed.'

Tears, prayers mid-air as Fly91 flight diverted to Bengaluru

Tears, prayers mid-air as Fly91 flight diverted to Bengaluru

Rediff.com20 Apr 2026

A Fly91 flight from Hyderabad to Hubballi was diverted to Bengaluru due to adverse weather conditions, causing concern among passengers before safely returning to its destination.

A War With No Exit Strategy, No Victory To Declare

A War With No Exit Strategy, No Victory To Declare

Rediff.com20 Apr 2026

Both sides have now revealed a preference for escalation over strategic defeat, and each new provocation narrows the space for the next pause. The Touska seizure, Iran's refusal to negotiate under blockade, Israel's strikes on Iranian oil infrastructure -- all of these add up to an increasingly untenable situation. This makes the wild card -- Trump and his motormouth -- more consequential than ever, notes Prem Panicker in his must read blog on the Iran War.

Bangladesh Cricket Board Leadership Ousted, Ad-hoc Committee Appointed

Bangladesh Cricket Board Leadership Ousted, Ad-hoc Committee Appointed

Rediff.com7 Apr 2026

The Bangladesh Cricket Board (BCB) has been dissolved and replaced with an ad-hoc committee following internal disputes and government intervention. Former captain Tamim Iqbal will lead the committee, tasked with holding elections within 90 days.

India has ample buffers to weather headwinds from West Asia conflict: World Bank

India has ample buffers to weather headwinds from West Asia conflict: World Bank

Rediff.com9 Apr 2026

The World Bank has affirmed India's strong position to withstand the current global energy shock, citing high foreign exchange reserves, fiscal space, and low inflation as key buffers supporting continued growth despite international headwinds.

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.

DGCA sets stricter rules for VIP flights after Ajit Pawar plane crash

DGCA sets stricter rules for VIP flights after Ajit Pawar plane crash

Rediff.com27 Mar 2026

The DGCA has issued new guidelines for aircraft operators flying VIPs and VVIPs, including chief ministers and governors, emphasising safety and preventing undue pressure on flight crews.

Fuel curbs brew concern over Darjeeling first flush

Fuel curbs brew concern over Darjeeling first flush

Rediff.com18 Mar 2026

Tea planters in Darjeeling have raised that a shortage of commercial LPG, triggered by the ongoing conflict in West Asia, could hit tea processing during the first flush, the delicate early-season harvest that commands the highest premiums and often sets the tone for the year.

Airline stocks fly into rough weather again

Airline stocks fly into rough weather again

Rediff.com19 Mar 2026

India's aviation sector is facing fresh turbulence, with rising fuel costs, the Ministry of Civil Aviation's free-seat directive, and geopolitical disruptions in West Asia clouding near-term earnings visibility.

Tamil Nadu Elections: Jobs Promise Drives Voter Sentiment In Panapakkam

Tamil Nadu Elections: Jobs Promise Drives Voter Sentiment In Panapakkam

Rediff.com28 Apr 2026

As industrial plants boost the village's profile, locals demand priority hiring, alongside better storage facilities and water security.

Happy Republic Day, says India as travel peaks for weekend

Happy Republic Day, says India as travel peaks for weekend

Rediff.com24 Jan 2026

The Republic Day long weekend beginning Saturday is driving a surge in travel with hotels and resorts witnessing an increase in bookings led by high demand, reflecting a decisive shift in traveller behaviour and the rise of micro-getaways, industry players said. The increasing preference for short, experience-led holidays is emerging as a strong trend shaping the country's leisure travel market.