News for 'private sector'

Govt working to make private sector bribery criminal: PM

Govt working to make private sector bribery criminal: PM

Rediff.com21 Oct 2011

Speaking at the Biennial Conference of CBI and state anti-corruption bureaux, the Prime Minister said India has ratified UN Conventions against corruption and to meet its requirements a slew of measures which include amendments in laws pertaining to anti-graft measures.

Private sector must run without govt interference: Murthy

Private sector must run without govt interference: Murthy

Rediff.com25 Jan 2015

The country would see more economic progress if the private sector was left to run business without government interference, Infosys founder N R Narayana Murthy has said at the Jaipur Literature Festival.

Minister upset with ex-babus joining private sector firms

Minister upset with ex-babus joining private sector firms

Rediff.com30 Sep 2011

The latest move to increase the cooling-off period for bureaucrats is meaningless.

RBI imposes Rs 91 lakh penalty on HDFC Bank

RBI imposes Rs 91 lakh penalty on HDFC Bank

Rediff.com28 Nov 2025

A penalty of Rs 91 lakh has been imposed on HDFC Bank for violating certain provisions of the Banking Regulation Act, the Reserve Bank said on Friday. The penalty has been imposed on the private sector lender for deficiencies in statutory and regulatory compliance, including those related to Know Your Customer (KYC).

Petrol Pump Worker Dies After Being Hit by SUV in Gurugram

Petrol Pump Worker Dies After Being Hit by SUV in Gurugram

Rediff.com5 Mar 2026

A petrol pump worker died in Gurugram after being hit by a speeding SUV. The driver fled the scene, and police are investigating the incident.

Mallya has brought a bad name to India's private sector: Jaitley

Mallya has brought a bad name to India's private sector: Jaitley

Rediff.com22 Mar 2016

'How long can you lead a life like this?'

Why taxis, autos, trucks in Maha are going off roads

Why taxis, autos, trucks in Maha are going off roads

Rediff.com5 Mar 2026

Transporters across Maharashtra have announced a statewide strike to protest against e-challans and other issues, potentially disrupting transport services including school buses and commercial vehicles.

Pay up, Jaitley tells private sector defaulters, or allow takeover

Pay up, Jaitley tells private sector defaulters, or allow takeover

Rediff.com31 Aug 2017

"A very easy solution to suggest is tax-payers must pay because the private sector has defaulted," Jaitley said, adding that bank recapitalisation, where the government puts in more capital in public sector banks to shore up their books, effectively amounted to that. "Therefore, I think let's try and make the private sector pay for their debts or allow somebody else to step in."

ISRO Clears 200 Milestones, Gaganyaan Next

ISRO Clears 200 Milestones, Gaganyaan Next

Rediff.com24 Dec 2025

From a surge in startups to crewed mission preparations, 2025 marks a transformative year as India eyes $44 billion space economy by 2033.

Postal department launches premium services with 24-hour, 48-hour delivery guarantee

Postal department launches premium services with 24-hour, 48-hour delivery guarantee

Rediff.com17 Mar 2026

India Post has launched three premium delivery services, including 24-hour and 48-hour delivery options, to compete with private courier companies and capitalise on the growing e-commerce market.

Himanta Biswa Sarma: 'Infliltration A Long-Standing Challenge For Assam'

Himanta Biswa Sarma: 'Infliltration A Long-Standing Challenge For Assam'

Rediff.com26 Mar 2026

'Our government is committed to addressing it firmly while protecting the rights of genuine citizens.'

PSUs cheaper, private sector banks score on service

PSUs cheaper, private sector banks score on service

Rediff.com25 Mar 2015

There is a huge gap in service charges on other factors such as penalty on cheque return.

Gurugram Woman's Death Sparks Poisoning Allegations Against Husband

Gurugram Woman's Death Sparks Poisoning Allegations Against Husband

Rediff.com20 Mar 2026

A 23-year-old woman in Gurugram died under suspicious circumstances, with her family accusing her husband of injecting her with a toxin. Police have registered a dowry murder case and are investigating the matter.

'Money Comes Only When Markets Do Well'

'Money Comes Only When Markets Do Well'

Rediff.com4 Feb 2026

'Given that India underperformed emerging markets by 28 per cent in 2025, the worst performance in over 30 years, the timing of the sharp STT hike could have been better.'

How India's private sector gained from liberalisation

How India's private sector gained from liberalisation

Rediff.com30 Jul 2016

Ten of top 15 companies in 1991 were PSUs; now, there are only six. Their revenue share has also fallen from 86% to 45%

Reliance tops Hurun's list of most valuable private sector companies

Reliance tops Hurun's list of most valuable private sector companies

Rediff.com20 Jun 2023

Billionaire Mukesh Ambani's Reliance Industries Ltd is the most valuable private company in the country, as per Hurun India's 2022 Burgundy Private Hurun India 500 list. The list, which was released on Tuesday, stated that with a value of Rs 16.4 lakh crore, Reliance is India's most valuable company, followed by Tata Consultancy Services (TCS) with Rs 11.8 lakh crore and HDFC Bank with Rs 9.4 lakh crore. Reliance is also the highest taxpayer with a payout of Rs 16,297 crore and the most profitable company with a bottomline of Rs 67,845 crore in 2022-23.

Economic Survey 2026: Rupee valuation does not accurately reflect India's stellar economic fundamentals

Economic Survey 2026: Rupee valuation does not accurately reflect India's stellar economic fundamentals

Rediff.com29 Jan 2026

The value of the rupee, which has slipped to the 92 per dollar mark, does not accurately reflect India's stellar economic fundamentals, the Economic Survey said on Thursday.

Smallcap Segment Is Volatile

Smallcap Segment Is Volatile

Rediff.com12 Mar 2026

'Except for extremely conservative investors, others can consider allocating 10 to 20 per cent of their portfolio to small caps.'

Private sector staff to head state-owned banks?

Private sector staff to head state-owned banks?

Rediff.com3 Jan 2015

An executive director of a bank could, for example, be elevated to the post of chairman of a different bank.

Private investments may drop below 11% of GDP: IndRa

Private investments may drop below 11% of GDP: IndRa

Rediff.com13 Mar 2025

After declining to a three-year low in FY24, the private sector investment is expected to fall further in the current financial year, India Ratings said in a research note.. The investments in the private sector are likely to plummet to below 11 per cent of the GDP in FY25, based on the trends from the latest national accounts data and company fillings, it noted.

Fino 1st payments bank to get RBI nod to turn SFB

Fino 1st payments bank to get RBI nod to turn SFB

Rediff.com6 Dec 2025

Fino Payments Bank (Fino) has become the first such entity to get an in-principle approval from the Reserve Bank of India (RBI) to transition into a small finance bank (SFB).

Rajiv Gandhi: 'I Can't Sack People'

Rajiv Gandhi: 'I Can't Sack People'

Rediff.com18 Feb 2026

'When I met the prime minister, he asked me, "Dr Ganguly, what do you do with people in your company who lie to you?"' 'I said, "Prime Minister, we counsel them and give them a gentle warning. If they lie again, they are sacked".' '"This is my problem,'" Rajiv responded. "I can't sack people in government".' A revealing excerpt from former Hindustan Lever Chairman Dr Ashok S Ganguly's We Are Our Future: Reflections On Life.

Realty to get indirect push from Budget proposals

Realty to get indirect push from Budget proposals

Rediff.com3 Feb 2026

The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Rediff.com6 Jan 2026

India's first maritime lender, state-owned Sagarmala Finance Corporation Ltd (SMFCL) hit the ground running with a Rs 4,300 crore disbursement announcement last Tuesday, within months of being registered as a non-banking financial company (NBFC) in June 2025.

Operation Sindoor Inspires Rise In Defence Budget

Operation Sindoor Inspires Rise In Defence Budget

Rediff.com4 Feb 2026

'If you go by the capital expenditure, this is a good defence budget. But we will have to see if the government can keep defence spending at 2 per cent or higher in 2027-2028.'

How the private sector chipped in for Chandrayaan-3

How the private sector chipped in for Chandrayaan-3

Rediff.com25 Aug 2023

A number of private companies have contributed to the development of ISRO's Chandrayaan-3 spacecraft which successfully landed near the south pole of the Moon on Wednesday evening.

India's energy sector battles taxes, global turmoil

India's energy sector battles taxes, global turmoil

Rediff.com13 Oct 2025

India's brittle energy security is inextricably linked to two opposing paradigms - fossil fuels, and the transition to green energy. The first powers the present; the second paves the way for Viksit Bharat in 2047.

Reality check gets India on investors' realty list

Reality check gets India on investors' realty list

Rediff.com23 Mar 2026

Escalating geopolitical tensions in West Asia are prompting investors with exposure to Dubai's real estate market to reassess their portfolios. And, in this rejig, India is emerging as a stable destination for capital investment and long-term growth.

NEET-PG Cutoff Cut Sparks Merit Debate

NEET-PG Cutoff Cut Sparks Merit Debate

Rediff.com22 Jan 2026

'To fill these seats, eligibility is being diluted. We are compromising merit and producing degree holders instead of good doctors.'

Budget 2026: Key numbers to be watched

Budget 2026: Key numbers to be watched

Rediff.com1 Feb 2026

Here are the key numbers to watch out for in the Union Budget for 2025-26:

Meet India's first private reinsurer

Meet India's first private reinsurer

Rediff.com15 Mar 2025

In Debasish Panda's last board meeting as chairperson of the Insurance Regulatory and Development Authority of India (Irdai), the regulator approved the "R2" licence for Kamlesh Goyal and Prem Watsa-backed Value Attics Reinsurance, making it the first private-sector Indian reinsurer after GIC Re, the public-sector reinsurer. "The authority reviewed and approved the R2 application of Value Attics Reinsurance, making it the first private-sector reinsurer after GIC Re, the public-sector reinsurer.

Govt to pursue job quota in private sector: Paswan

Govt to pursue job quota in private sector: Paswan

Rediff.com4 Jun 2004

Steel and Fertilisers Minister Ram Vilas Paswan on Friday asserted that government would pursue reservation for socially backward classes in the private sector as per commitment made in the Common Minimum Programme.

Budget At Economic Crossroads

Budget At Economic Crossroads

Rediff.com30 Jan 2026

'We believe the truth is in the middle, and that India is at an important crossroads.'

'Viksit Bharat cannot truly become a reality unless...'

'Viksit Bharat cannot truly become a reality unless...'

Rediff.com12 Feb 2026

'The real question is how best to leverage technology to deliver better services, all the way to the last mile, where we still haven't been able to get across the financial literacy that can enable us to unlock the potential of the entire country.'

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

India's GDP Grows 7.8% in Q3 Under New Series; beats estimate

Rediff.com27 Feb 2026

India's economy experienced a growth of 7.8 per cent during the October-December quarter of 2025-26, according to the new series of national accounts with 2022-23 as the base year.

Defence stocks gain amid West Asia crisis

Defence stocks gain amid West Asia crisis

Rediff.com4 Mar 2026

Even as the benchmark and broader indices were down sharply on Monday due to escalating tensions in West Asia, the Nifty Defence index ended the session in the green.

This MLA Wants Workers To Have The Right To Disconnect

This MLA Wants Workers To Have The Right To Disconnect

Rediff.com5 Nov 2025

The debate over working hours flared up after Infosys Co-founder N R Narayana Murthy called for 14-hour workdays.

What Happens When Trump's Deadline Expires?

What Happens When Trump's Deadline Expires?

Rediff.com7 Apr 2026

Trump may strike. He may announce productive talks and extend again. He may do both at the same time. Iran will not open the Strait on someone else's terms, so no matter what happens, that problem will remain unsolved. And the IRGC will still be collecting its $2 million toll from every ship bold enough to ask permission to pass.

Govt employees as good as those in private sector: Prabhu

Govt employees as good as those in private sector: Prabhu

Rediff.com20 Apr 2016

Emphasising on rewarding performers to improve performance, Railway Minister Suresh Prabhu on Wednesday said government employees do not lack talent and they are as good as those working in the private sector.