News for 'purchasing'

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Rediff.com18 May 2026

Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.

ED Opposes Robert Vadra's Plea In Money Laundering Case

ED Opposes Robert Vadra's Plea In Money Laundering Case

Rediff.com14 May 2026

The Enforcement Directorate has opposed Robert Vadra's petition in the Delhi High Court, challenging a trial court order that summoned him in a money laundering case linked to a land deal in Haryana's Shikohpur.

How AI Can Help Retailers Track Sustainability Preferences

How AI Can Help Retailers Track Sustainability Preferences

Rediff.com26 Apr 2026

Researchers have developed an AI-enabled framework to help retailers understand and respond to changing consumer sustainability preferences. The framework uses machine learning to identify consumer segments in real time and translate analytics into business strategies.

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

Rediff.com14 May 2026

'If the war continue for a longer period of time, it is just a matter of time before the government will pass on some of the price increases.'

UPI Transactions Surge To 22.35 Billion In April

UPI Transactions Surge To 22.35 Billion In April

Rediff.com4 May 2026

UPI transactions reached 22.35 billion in April, marking a 25 per cent increase compared to April 2025. UPI now accounts for 85 per cent of all digital transactions in India and is live in eight countries.

Trump ends China visit after extensive talks with Xi on trade, global issues

Trump ends China visit after extensive talks with Xi on trade, global issues

Rediff.com15 May 2026

Donald Trump says several issues were settled during the final day of talks with Xi Jinping covering trade, tariffs, and diplomacy.

Rajasthan Police Freeze Property Bought With Drug Money

Rajasthan Police Freeze Property Bought With Drug Money

Rediff.com18 Apr 2026

Rajasthan Police have frozen a house in Nagaur district worth over Rs 1 crore, allegedly built using proceeds from drug trafficking, officials said.

Bilaspur Businessman Booked For Selling Stolen Vehicle

Bilaspur Businessman Booked For Selling Stolen Vehicle

Rediff.com21 Apr 2026

Bilaspur police have registered a criminal case against a businessman accused of selling a stolen vehicle and defrauding a buyer of approximately Rs 14 lakh.

Did Trump, Xi Reset US-China Relations?

Did Trump, Xi Reset US-China Relations?

Rediff.com15 May 2026

US President Donald Trump concluded his Beijing summit with Chinese President Xi Jinping, describing it as 'incredible' and highlighting 'fantastic trade deals' and a 'very strong' relationship between the two leaders.

Odisha Man Arrested For Murder Of Former Lover

Odisha Man Arrested For Murder Of Former Lover

Rediff.com23 Apr 2026

Odisha Police have arrested a 30-year-old man for the murder of a 24-year-old woman in Jagatsinghpur district. The accused, a former lover of the victim, was arrested in Jamshedpur and brought back to Odisha. He allegedly hired a contract killer after suspecting the woman was in a relationship with someone else and learning of her upcoming marriage.

Relief for India as US renews Russian oil waiver for 30 days

Relief for India as US renews Russian oil waiver for 30 days

Rediff.com18 Apr 2026

The United States has extended a waiver from sanctions to allow countries to buy petroleum products from Russia by a month, days after it ruled out renewal of the special measure.

Maharashtra Minister Accuses AIMIM Leader Over Shelter To Accused

Maharashtra Minister Accuses AIMIM Leader Over Shelter To Accused

Rediff.com12 May 2026

Maharashtra minister Sanjay Shirsat has accused AIMIM corporator Matin Patel of double standards for allegedly harbouring Nida Khan, who is accused in a Nashik TCS sexual harassment and forced conversion case.

Jammu And Kashmir Police Seize Drug Dealers' Assets

Jammu And Kashmir Police Seize Drug Dealers' Assets

Rediff.com17 Apr 2026

Jammu and Kashmir Police have seized properties worth over Rs 55 lakh belonging to two drug peddlers in Rajouri and Udhampur districts as part of an ongoing crackdown on narcotics.

Gold, silver sell at huge discount after tariff hike

Gold, silver sell at huge discount after tariff hike

Rediff.com15 May 2026

Despite a sharp increase in import duties on gold and silver to 15 per cent, the precious metals are trading at significant discounts in the domestic market, with gold seeing discounts of up to $200 an ounce and silver up to $6 an ounce.

Four Arrested For Robbing Cash Agent In Delhi's Burari

Four Arrested For Robbing Cash Agent In Delhi's Burari

Rediff.com5 May 2026

Delhi Police have arrested four individuals for allegedly robbing a cash collection agent of Rs 4.18 lakh in Burari. The suspects were apprehended after an investigation involving extensive CCTV footage analysis and technical surveillance.

Nurse Arrested In Telangana For Selling Newborn, Claiming Death

Nurse Arrested In Telangana For Selling Newborn, Claiming Death

Rediff.com6 May 2026

Four individuals, including a nurse, have been arrested in Telangana for allegedly selling a newborn baby after falsely informing the mother that the child died after birth.

Two Arrested In Theft At Karnataka Minister's Residence

Two Arrested In Theft At Karnataka Minister's Residence

Rediff.com5 May 2026

Two men have been arrested for the alleged theft of gold ornaments worth Rs 1.13 crore at the house of Karnataka Housing Minister B Z Zameer Ahmed Khan in Bengaluru last month, police said.

Bengal govt to probe Messi event chaos at Salt Lake Stadium

Bengal govt to probe Messi event chaos at Salt Lake Stadium

Rediff.com13 May 2026

The West Bengal government is set to investigate the chaotic scenes that marred Lionel Messi's visit to Kolkata last year, with concerns raised over ticket sales, security, and administrative lapses.

Gurugram Police Nab Director in Multi-Crore Loan Scam

Gurugram Police Nab Director in Multi-Crore Loan Scam

Rediff.com28 Mar 2026

Gurugram Police have arrested a director of a company accused of defrauding another company of crores of rupees through fraudulent loan practices. The director was apprehended in Coimbatore, Tamil Nadu, following a complaint filed last year.

Property Dealer, Accomplice Arrested In Blackmail Plot

Property Dealer, Accomplice Arrested In Blackmail Plot

Rediff.com2 May 2026

Police in Lucknow have arrested a property dealer and his accomplice for allegedly abducting a man, intoxicating him, and recording objectionable videos to blackmail him into giving up his land.

Modi's Fuel Call: Indians Changing Driving Habits

Modi's Fuel Call: Indians Changing Driving Habits

Rediff.com12 May 2026

As Prime Minister Narendra Modi urges Indians to travel less, rising fuel prices are already changing driving habits.

Bengaluru Man Arrested For IPL Ticket Racket

Bengaluru Man Arrested For IPL Ticket Racket

Rediff.com17 Apr 2026

A 49-year-old man has been arrested in Bengaluru for allegedly selling IPL match tickets illegally at inflated prices outside the M Chinnaswamy Stadium.

J&K Police Crackdown: Drug Peddlers' Assets Seized

J&K Police Crackdown: Drug Peddlers' Assets Seized

Rediff.com21 Apr 2026

Jammu and Kashmir Police have attached properties worth over Rs 55 lakh belonging to two alleged drug peddlers from Baramulla and Anantnag districts as part of an intensified crackdown on narcotics.

Kerala CM row: Satheesan meets sulking Chennithala; UDF begins govt talks

Kerala CM row: Satheesan meets sulking Chennithala; UDF begins govt talks

Rediff.com15 May 2026

Kerala's Chief Minister-designate V D Satheesan visited senior Congress leader Ramesh Chennithala, emphasising their close relationship and seeking blessings for his new role.

Geopolitical Tensions, Rupee at Record Low Weigh on Market Sentiment

Geopolitical Tensions, Rupee at Record Low Weigh on Market Sentiment

Rediff.com5 May 2026

Indian benchmark indices Sensex and Nifty experienced a decline due to renewed geopolitical concerns in the Strait of Hormuz, a strained US-Iran ceasefire, and the rupee hitting a record low against the US dollar.

Will China Now Attack Taiwan?

Will China Now Attack Taiwan?

Rediff.com19 May 2026

Chinese leaders, including its generals, will have to weigh whether they can win a war if they ever attack Taiwan and if at all, can they sustain the subsequent devastation, notes Rup Narayan Das.

Gold import duty hike to spur grey market, smuggling, say exporters

Gold import duty hike to spur grey market, smuggling, say exporters

Rediff.com13 May 2026

The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.

Modi trims convoy to save fuel, pushes EV use; guvs, BJP CMs follow suit

Modi trims convoy to save fuel, pushes EV use; guvs, BJP CMs follow suit

Rediff.com13 May 2026

A downsizing in the prime minister's convoy was implemented in his recent domestic visits, official sources said.

No plans for fuel rationing, supply adequate: Oil ministry official

No plans for fuel rationing, supply adequate: Oil ministry official

Rediff.com11 May 2026

India has no plans to ration fuel supplies despite ongoing disruptions in global energy markets, according to a top oil ministry official. The country has maintained adequate inventories of crude products and LPG while diversifying imports to manage supply risks.

LTCG: How to Save Tax on Property Deals

LTCG: How to Save Tax on Property Deals

Rediff.com8 Apr 2026

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions

Pine Labs Boosts E-Commerce With Shopflo Acquisition

Pine Labs Boosts E-Commerce With Shopflo Acquisition

Rediff.com25 Apr 2026

Fintech company Pine Labs has acquired Shopflo, an online checkout optimisation platform, for Rs 88 crore in an all-cash deal aimed at providing a unified commerce platform for merchants.

'Traitor, gimmick': Rahul targets Modi over economy, 'Melody'

'Traitor, gimmick': Rahul targets Modi over economy, 'Melody'

Rediff.com20 May 2026

Congress leader Rahul Gandhi criticised Prime Minister Narendra Modi for gifting 'Melody' toffees to Italian Premier Giorgia Meloni, calling it a 'gimmick' while India faces an 'economic storm'. He accused Modi of prioritising public relations over addressing the struggles of farmers, labourers, and youth, a sentiment echoed by other Congress leaders.

Why The Rupee Is At An All-Time Low

Why The Rupee Is At An All-Time Low

Rediff.com5 May 2026

The rupee weakened to a record low against the US dollar due to Gulf tensions, rising oil prices, and foreign capital outflows.

Ticket controversy casts shadow on Bengaluru hosting IPL 2026 final

Ticket controversy casts shadow on Bengaluru hosting IPL 2026 final

Rediff.com5 May 2026

IPL 2026 final venue remains uncertain as political issues in Bengaluru force BCCI to consider alternative cities, with playoffs likely split between Punjab and Karnataka.

Why Young Indians Skip Health Cover

Why Young Indians Skip Health Cover

Rediff.com14 May 2026

Young buyers often underestimate future health risks.

Five Detained In Gujarat Under Anti-Drug Trafficking Act

Five Detained In Gujarat Under Anti-Drug Trafficking Act

Rediff.com17 Apr 2026

Gujarat police have detained five individuals under the Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances (PIT NDPS) Act, as part of the state government's zero-tolerance policy towards narcotics-related crimes.

Iranian Oil Tanker Changes Course from India to China Amid Payment Concerns

Iranian Oil Tanker Changes Course from India to China Amid Payment Concerns

Rediff.com3 Apr 2026

A US-sanctioned tanker carrying Iranian crude oil has rerouted mid-voyage from its previously indicated destination of India to China, raising questions about payment issues and the future of India's Iranian oil imports.

India's services sector growth hits 5-month high in April

India's services sector growth hits 5-month high in April

Rediff.com6 May 2026

India's services sector growth reached a five-month high in April, with the HSBC India Services PMI Business Activity Index rising to 58.8, primarily driven by robust domestic demand and a shift from international to local suppliers amidst the West Asia crisis.

Moradabad Couple Killed In Front Of Children Over Property Row

Moradabad Couple Killed In Front Of Children Over Property Row

Rediff.com22 Apr 2026

A couple was allegedly stabbed to death in Moradabad, Uttar Pradesh, in front of their three minor children due to a dispute over a house deal. Police have arrested two of the six accused, with one apprehended after a police encounter.

Delhi Man Arrested For Duping Resident In Online Car Fraud

Delhi Man Arrested For Duping Resident In Online Car Fraud

Rediff.com2 May 2026

A 32-year-old man has been arrested in Delhi for allegedly defrauding a resident of 2 lakh under the guise of selling a second-hand car online. The accused impersonated an employee of a reputable online car sale platform to gain the victim's trust.