News for 'revenue intelligence'

DRI seizes 440+ Endangered Animals, Ivory

DRI seizes 440+ Endangered Animals, Ivory

Rediff.com14 Jul 2026

The Directorate of Revenue Intelligence has conducted a nationwide crackdown on wildlife trafficking, seizing over 440 endangered animals and 15 kg of ivory, and arresting 33 individuals involved in organised crime syndicates.

DRI Seizes Rs 2.61 Crore Ganja, Arrests Two In Major Bust

DRI Seizes Rs 2.61 Crore Ganja, Arrests Two In Major Bust

Rediff.com5 Jun 2026

The Directorate of Revenue Intelligence (DRI) has dismantled an inter-state drug trafficking syndicate in Nagpur, seizing 522 kg of ganja worth Rs 2.61 crore and arresting two individuals involved in supplying contraband across the Odisha-Central India corridor to Maharashtra.

Gold Smuggling Syndicate Busted At Mumbai Airport

Gold Smuggling Syndicate Busted At Mumbai Airport

Rediff.com1 Jun 2026

The Directorate of Revenue Intelligence (DRI) has dismantled a gold smuggling syndicate at Mumbai's international airport, seizing 2.6 kg of gold in wax form, valued at approximately Rs 4.20 crore.

Over 24 Kg Of Drugs Seized In Kerala, Five Arrested

Over 24 Kg Of Drugs Seized In Kerala, Five Arrested

Rediff.com30 May 2026

The Directorate of Revenue Intelligence (DRI) has seized over 24 kg of narcotic drugs and psychotropic substances in Kerala and arrested five individuals involved in trafficking networks.

DRI Busts Ivory Trafficking Ring In Mysuru

DRI Busts Ivory Trafficking Ring In Mysuru

Rediff.com27 May 2026

The Directorate of Revenue Intelligence (DRI) has dismantled a wildlife trafficking syndicate involved in the illegal trade of Indian elephant tusks (ivory) in Mysuru, leading to the seizure of 4.058 kg of tusks and the apprehension of three individuals.

Gold Worth 9.17 Crore Seized In Chhattisgarh

Gold Worth 9.17 Crore Seized In Chhattisgarh

Rediff.com18 May 2026

Police in Chhattisgarh's Mahasamund district seized 7.5 kilograms of gold worth Rs 9.17 crore from a car. The occupants of the car could not provide satisfactory answers about the gold's origin or produce relevant documentation.

Man Arrested With Heroin Worth Over Rs 10 Crore In Lucknow

Man Arrested With Heroin Worth Over Rs 10 Crore In Lucknow

Rediff.com21 May 2026

The Directorate of Revenue Intelligence (DRI) arrested a man travelling from Kathmandu to Delhi in Lucknow and recovered over 5 kg of heroin worth more than Rs 10 crore.

Passengers Held At Mumbai Airport For Diamond Smuggling

Passengers Held At Mumbai Airport For Diamond Smuggling

Rediff.com14 May 2026

The Directorate of Revenue Intelligence (DRI) apprehended two passengers at Mumbai airport attempting to smuggle diamonds worth Rs 5.70 crore to Bangkok by concealing them inside their bodies.

Uttar Pradesh Man Arrested With Marijuana At Ahmedabad Airport

Uttar Pradesh Man Arrested With Marijuana At Ahmedabad Airport

Rediff.com22 May 2026

A man from Uttar Pradesh was arrested at Ahmedabad airport for allegedly possessing over 20 kg of marijuana after arriving from Bangkok.

DRI Seizes Cocaine Worth 13.2 Cr At Mumbai Airport

DRI Seizes Cocaine Worth 13.2 Cr At Mumbai Airport

Rediff.com16 May 2026

The Directorate of Revenue Intelligence (DRI) seized cocaine valued at 13.2 crore from two passengers in separate operations at the Chhatrapati Shivaji Maharaj International Airport.

DRI Seizes Cocaine Worth 11.25 Crore At Mumbai Airport

DRI Seizes Cocaine Worth 11.25 Crore At Mumbai Airport

Rediff.com23 May 2026

The Directorate of Revenue Intelligence (DRI) seized 2.25 kg of cocaine valued at Rs 11.25 crore and arrested four foreign nationals at the Chhatrapati Shivaji Maharaj International Airport in Mumbai.

How DRI Uncovered A Rs 5 Crore Gold Smuggling Syndicate

How DRI Uncovered A Rs 5 Crore Gold Smuggling Syndicate

Rediff.com7 Jun 2026

The Directorate of Revenue Intelligence (DRI) has dismantled a major gold-smuggling syndicate at Chhatrapati Shivaji Maharaj International Airport, seizing 3.2 kg of gold worth Rs 5 crore. Seven individuals, including Bangladeshi and Sri Lankan nationals and three airport staff, have been arrested in connection with "Operation Golden Nexus."

DRI Foils Rs 5 Crore Crystal Meth Smuggling Bid At Chennai Airport

DRI Foils Rs 5 Crore Crystal Meth Smuggling Bid At Chennai Airport

Rediff.com11 Jun 2026

DRI sleuths at Chennai International Airport seized five kgs of crystal methamphetamine, valued at Rs 5 crore, from a passenger attempting to board a flight to Kuala Lumpur. The passenger has been arrested, and an investigation is underway to uncover the broader drug network.

How TCS Is Building The 'Infrastructure Of Intelligence'

How TCS Is Building The 'Infrastructure Of Intelligence'

Rediff.com16 May 2026

Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.

DRI Busts Drug Smuggling Racket At Hyderabad Airport

DRI Busts Drug Smuggling Racket At Hyderabad Airport

Rediff.com20 May 2026

The Directorate of Revenue Intelligence (DRI) seized eight kgs of hydroponic ganja worth Rs 3 crore at the Hyderabad international airport and arrested two persons arriving from Bangkok.

Kannada Actress Ranya Rao To Be Released After Smuggling Case

Kannada Actress Ranya Rao To Be Released After Smuggling Case

Rediff.com22 Apr 2026

Kannada film actress Ranya Rao is set to be released from Bengaluru Central Jail after a year of detention in a gold smuggling case.

DRI Busts Cigarette Smuggling Racket In Uttar Pradesh

DRI Busts Cigarette Smuggling Racket In Uttar Pradesh

Rediff.com24 May 2026

The Directorate of Revenue Intelligence (DRI) seized 3,00,000 sticks of foreign-origin cigarettes worth approximately Rs 45 lakh in Gorakhpur, Uttar Pradesh. The cigarettes were being smuggled from Myanmar into India and transported from Assam, concealed within a truck carrying bamboo cuts.

Man Arrested In Telangana For Illegal Red Sand Boa Trade

Man Arrested In Telangana For Illegal Red Sand Boa Trade

Rediff.com18 May 2026

DRI officials apprehended a man in Warangal, Telangana, for attempting to sell two live red sand boas, a protected species under the Wildlife (Protection) Act, 1972.

Customs To Tighten Vigil Against Gold Smuggling After Duty Hike

Customs To Tighten Vigil Against Gold Smuggling After Duty Hike

Rediff.com13 May 2026

Revenue intelligence and customs officers are set to intensify surveillance and increase vigilance on international borders to combat potential gold smuggling following a significant increase in customs duty on gold.

How Kerala Aims To Become A National AI And Emerging Technologies Hub

How Kerala Aims To Become A National AI And Emerging Technologies Hub

Rediff.com14 hours ago

Kerala Chief Minister V D Satheesan announced the state's vision to become a national hub for artificial intelligence and emerging technologies, coinciding with the launch of Naviq Technology by IBS Software Group. The state government is implementing initiatives like an AI-powered dashboard, a Global Job Watch Tower, and curriculum revisions to align with technological advancements and foster skill development in AI and semiconductor sectors.

How Landeed's Rs 30 Crore Investment Will Transform Property Due Diligence

How Landeed's Rs 30 Crore Investment Will Transform Property Due Diligence

Rediff.com7 Jul 2026

Real estate startup Landeed plans to invest Rs 30 crore this fiscal year to expand its business, focusing on enhancing its AI-powered property title search engine, Terra. This investment will boost GPU infrastructure, develop specialised language models, and improve Indic OCR for Indian property records, aiming to streamline property due diligence across 26 states and 4 union territories.

DRI Busts Smuggling Racket At Nhava Sheva Port

DRI Busts Smuggling Racket At Nhava Sheva Port

Rediff.com20 Apr 2026

The Directorate of Revenue Intelligence (DRI) has uncovered a smuggling operation at Nhava Sheva Port in Navi Mumbai, seizing 132 containers of restricted watermelon seeds and green peas worth Rs 139 crore.

Mumbai Airport Gold Smuggling Racket Busted: 24 Women Arrested

Mumbai Airport Gold Smuggling Racket Busted: 24 Women Arrested

Rediff.com9 Apr 2026

The Directorate of Revenue Intelligence (DRI) has dismantled a gold smuggling operation at Mumbai's Chhatrapati Shivaji Maharaj International Airport, arresting 24 female carriers and seizing a significant quantity of gold.

DRI Seizes Opium Worth Over Rs 21 Lakh In Ludhiana

DRI Seizes Opium Worth Over Rs 21 Lakh In Ludhiana

Rediff.com19 May 2026

The Directorate of Revenue Intelligence (DRI) in Ludhiana seized over 4 kg of opium worth Rs 21.69 lakh, uncovering a cross-border drug smuggling operation using courier channels.

IT companies risk losing ground to AI-native firms: S&P Global

IT companies risk losing ground to AI-native firms: S&P Global

Rediff.com14 Jul 2026

Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.

Nasscom To Focus On AI Integration And Revenue Growth

Nasscom To Focus On AI Integration And Revenue Growth

Rediff.com23 Apr 2026

Nasscom's newly appointed Chairman, Srikanth Velamakanni, outlines key priorities including restoring revenue growth in IT firms and promoting the role of artificial intelligence and other technologies in companies.

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

Rediff.com17 hours ago

Mobile payments pioneer Paytm reported significant growth in its UPI payments business for Q1 FY27, driven by app simplification, AI investments, and a focus on attracting Gen Z customers. The company saw a 45% year-on-year increase in Consumer UPI Gross Transaction Value and a rise of 60 lakh in Monthly Transacting Users, outpacing the industry. Paytm's strategy prioritises customer retention and product innovation, leading to a profitable quarter with strong revenue and EBITDA growth, further supported by AI-led operational efficiencies and an India-focused language model.

Naviq Technology To Revolutionise Global Travel With $500 Million AI Investment

Naviq Technology To Revolutionise Global Travel With $500 Million AI Investment

Rediff.com9 Jul 2026

IBS Group has launched Naviq Technology, an artificial intelligence company dedicated to the global travel industry, backed by a substantial USD 500 million investment over the next five years. The new venture aims to partner with major travel players to drive business transformations, modernise operations, and leverage AI for new revenue streams, with plans for significant job creation in India.

DRI Busts International Gold Smuggling Syndicate at Bengaluru Airport

DRI Busts International Gold Smuggling Syndicate at Bengaluru Airport

Rediff.com8 Apr 2026

The Directorate of Revenue Intelligence (DRI) has dismantled a major international gold smuggling syndicate operating through Kempegowda International Airport in Bengaluru, arresting five individuals and seizing a significant quantity of gold.

DRI Seizes Crystal Meth, Arrests Two At Secunderabad Station

DRI Seizes Crystal Meth, Arrests Two At Secunderabad Station

Rediff.com28 Apr 2026

The Directorate of Revenue Intelligence (DRI) seized 11.4 kg of crystal meth worth Rs 11.4 crore at Secunderabad railway station and arrested two women passengers.

DRI Seizes Cocaine Capsules Worth Crores from Train Passenger in Nagpur

DRI Seizes Cocaine Capsules Worth Crores from Train Passenger in Nagpur

Rediff.com13 Apr 2026

The Directorate of Revenue Intelligence (DRI) seized 50 capsules containing 853 grams of cocaine, valued at 4.26 crore, from a woman on the Rajdhani Express at Nagpur station.

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Rediff.com13 hours ago

Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.

Tech services to remain relevant in AI era: Nasscom

Tech services to remain relevant in AI era: Nasscom

Rediff.com27 Jun 2026

The technology services sector in India will continue to remain relevant to global enterprises transformation in the artificial intelligence (AI) era, the Nasscom US CEO Forum said, even though there will be changes in how services are delivered and scaled up. Chief executive officers of Indian technology companies, who attended the discussion, also said AI will expand the addressable market opportunity across enterprise modernisation, data, AI governance and intelligent operations.

Why Paytm's First Bonus Issue Signals Strong Financial Health

Why Paytm's First Bonus Issue Signals Strong Financial Health

Rediff.com7 days ago

One 97 Communications Ltd, operating Paytm, is set to issue its first bonus shares, following a landmark year of achieving its maiden full-year profit and gaining significant market share. The board will meet on July 20 to decide on the bonus issue, reflecting confidence in its financial strength and aiming to improve stock accessibility for retail investors.

Mumbai Airport Gold Seizure: 24 Women Arrested in Smuggling Operation

Mumbai Airport Gold Seizure: 24 Women Arrested in Smuggling Operation

Rediff.com10 Apr 2026

The Directorate of Revenue Intelligence (DRI) seized 29.37 kg of gold worth Rs 37.74 crore from 24 women at Mumbai's Chhatrapati Shivaji Maharaj International Airport, uncovering a significant smuggling operation.

Macro, AI, Geopolitical Overhang to Drag Q1 Showing of IT Cos: Motilal Oswal

Macro, AI, Geopolitical Overhang to Drag Q1 Showing of IT Cos: Motilal Oswal

Rediff.com1 Jul 2026

Indian IT services firms are expected to report a soft Q1 FY27 performance due to a challenging macro environment, the impact of AI, and geopolitical uncertainties, leading to reduced discretionary spending and slower decision-making cycles, according to Motilal Oswal Financial Services.

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.

Rs 1.58 Crore Worth Of Meth Seized At Calicut Airport

Rs 1.58 Crore Worth Of Meth Seized At Calicut Airport

Rediff.com18 Apr 2026

The Directorate of Revenue Intelligence (DRI) seized crystal methamphetamine worth approximately Rs 1.58 crore from a passenger at Calicut International Airport and arrested him under the NDPS Act.

DRI Seizes Rs 70 Crore Worth of Drugs in Kerala

DRI Seizes Rs 70 Crore Worth of Drugs in Kerala

Rediff.com3 Mar 2026

The Directorate of Revenue Intelligence (DRI) has seized approximately Rs 70 crore worth of drugs in Kerala this financial year, leading to 21 arrests. The latest seizure involved nearly two kg of crystal methamphetamine at Kozhikode International Airport.

Spain Vs Argentina FIFA World Cup Final Shatters US Viewership Records

Spain Vs Argentina FIFA World Cup Final Shatters US Viewership Records

Rediff.com1 days ago

The FIFA World Cup final between Spain and Argentina garnered nearly 63 million viewers in the United States, setting new viewership records and highlighting football's increasing popularity in the country.