News for 'rs 3 crore'

SFIO questions IndusInd execs on accounting discrepancies

SFIO questions IndusInd execs on accounting discrepancies

Rediff.com20 Dec 2025

Private-sector lender IndusInd Bank had said the Serious Fraud Investigation Office (SFIO) interacted with its officials this week and would send a written communication seeking specific details related to the accounting discrepancies identified at the bank.

Cong handed over Assam's land to infiltrators for votes: Modi

Cong handed over Assam's land to infiltrators for votes: Modi

Rediff.com18 Jan 2026

Prime Minister Narendra Modi on Sunday accused the Congress of handing over Assam's land to infiltrators for votes during its rule in the northeastern state.

Hyundai Motor Q2 rises 14.3% to Rs 1,572.26 cr

Hyundai Motor Q2 rises 14.3% to Rs 1,572.26 cr

Rediff.com30 Oct 2025

Hyundai Motor India Ltd on Thursday reported a 14.3 per cent rise in consolidated net profit to Rs 1,572.26 crore in the second quarter ended September 30, 2025.

M&M, Manulife to form life insurance JV with 7,200 crore investment

M&M, Manulife to form life insurance JV with 7,200 crore investment

Rediff.com14 Nov 2025

Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a total capital commitment of up to Rs 3,600 crore each totalling Rs 7,200 crore.

Cipla Q2 profit up 3.7% at Rs 1,353 cr

Cipla Q2 profit up 3.7% at Rs 1,353 cr

Rediff.com30 Oct 2025

Pharma major Cipla Ltd on Thursday reported a 3.7 per cent rise in consolidated net profit at Rs 1,353.37 crore for the second quarter ended September 30, 2025. The company, which had posted a consolidated net profit of Rs 1,305.01 crore in the second quarter of the last fiscal year, said its managing director & global CEO, Umang Vohra, has decided not to seek re-appointment upon completion of his current term on March 31, 2026, Cipla Ltd said in a regulatory filing.

Open offers highest since 2008 as acquisition, takeover attempts surge

Open offers highest since 2008 as acquisition, takeover attempts surge

Rediff.com29 Dec 2025

Open offers this calendar year, following attempts at acquisition and takeover, came in at more than two a week. There were 121 such open offers to acquire additional shares following a substantial acquisition or change of control, shows the data compiled by primedatabase.com.

AI Cameras: RCB's Proposal To Keep IPL In Bengaluru

AI Cameras: RCB's Proposal To Keep IPL In Bengaluru

Rediff.com16 Jan 2026

IPL champions RCB have proposed the installation of 300-350 AI-enabled cameras at the venue and offered to bear the estimated cost of Rs 4.50 crore for this crowd management initiative.

Adani Energy Q2 net profit dips 28% to Rs 557 cr

Adani Energy Q2 net profit dips 28% to Rs 557 cr

Rediff.com27 Oct 2025

Adani Energy Solutions on Monday posted a 28 per cent decline in consolidated net profit to Rs 557.10 crore for the September quarter, mainly due to one-time adjustment of deferred tax of Rs 314 crore in the year-ago period. Adani Energy Solutions Ltd (AESL) had reported a net profit of Rs 773 crore in the July-September quarter of the last fiscal.

Dr Reddy's Laboratories loses Rs 2.16 cr in cyber fraud

Dr Reddy's Laboratories loses Rs 2.16 cr in cyber fraud

Rediff.com10 Nov 2025

The Bengaluru police have launched a probe into a cyber fraud case where hackers allegedly infiltrated the official email communication between city-based Group Pharmaceuticals and Dr Reddy's Laboratories, Hyderabad, successfully diverting a payment of Rs 2.16 crore to a fraudulent account.

Centre Okays First Underwater Road-Rail Tunnel Across Brahmaputra

Centre Okays First Underwater Road-Rail Tunnel Across Brahmaputra

Rediff.com5 Jan 2026

The project is aimed at enabling faster movement of security forces and military equipment during exigencies, while also improving connectivity to Arunachal Pradesh, Manipur and other north eastern states.

Nifty hits record intra-day high; Sensex jumps 573 points

Nifty hits record intra-day high; Sensex jumps 573 points

Rediff.com2 Jan 2026

From the 30-Sensex firms, NTPC, Trent, Bajaj Finance, Power Grid, Maruti, State Bank of India, ICICI Bank and Bharat Electronics were among the biggest gainers. In contrast, ITC, Kotak Mahindra Bank, Titan Company, Axis Bank and Bharti Airtel were the laggards.

Debt reduction, joint venture benefits positive for JSW Steel

Debt reduction, joint venture benefits positive for JSW Steel

Rediff.com15 Dec 2025

JSW Steel Ltd (JSTL) has announced a restructuring that unlocks value from Bhushan Power & Steel Ltd (BPSL) and changes the balance-sheet. JSTL will do a slump sale of 50 per cent stake in BPSL to Japan's JFE Steel in two equal tranches, totalling Rs 15,700 crore in cash.

How EPF Compounds But Inflation...

How EPF Compounds But Inflation...

Rediff.com6 Jan 2026

While EPF rewards patience and compounds your money, inflation decides how far your money really goes.

Sensex down 322 points on selling in blue-chips

Sensex down 322 points on selling in blue-chips

Rediff.com5 Jan 2026

From the 30-Sensex firms, HDFC Bank, Infosys, HCL Tech, Bajaj Finance, Tata Consultancy Services and Reliance Industries were among the biggest laggards. In contrast, Bharat Electronics, Hindustan Unilever, Tata Steel and UltraTech Cement were among the gainers.

ITC Q2 consolidated net profit up 2.6% at Rs 5,187cr

ITC Q2 consolidated net profit up 2.6% at Rs 5,187cr

Rediff.com31 Oct 2025

Diversified conglomerate ITC Ltd on Thursday reported a 2.6 per cent year-on-year rise in consolidated net profit to Rs 5,187 crore for the second quarter of the 2025-26 fiscal (FY'26) as compared to Rs 5,054 crore in the same period last year. However, the current quarter's figures exclude the hotels business, which was demerged into ITC Hotels Ltd effective from January 2025 and is no longer part of the company's continuing operations.

Elect BJP-backed candidates, get Rs 10 lakh fund: Union minister

Elect BJP-backed candidates, get Rs 10 lakh fund: Union minister

Rediff.com26 Nov 2025

Union Minister Bandi Sanjay Kumar has offered Rs 10 lakh fund for villages in his Karimnagar Lok Sabha constituency if they elect a BJP-backed candidate in the Gram Panchayat polls to be held in Telangana next month.

AIFF asks ISL clubs to send details of venues for home matches

AIFF asks ISL clubs to send details of venues for home matches

Rediff.com10 Jan 2026

The All India Football Federation (AIFF) has asked Indian Super League (ISL) clubs to send the details of the venues where they plan to play their home matches by Monday noon so that it can start working on the schedule of the delayed season which is set to start on February 14.

Big bucks for Green, Indians cash in at IPL 2026 Auction

Big bucks for Green, Indians cash in at IPL 2026 Auction

Rediff.com17 Dec 2025

The Indian Premier League (IPL) 2026 auction saw some foreign names earning big bucks, headlined by Aussie all-rounder Cameron Green

ED attaches assets of celebrities in 1xBet money laundering probe

ED attaches assets of celebrities in 1xBet money laundering probe

Rediff.com19 Dec 2025

The Enforcement Directorate on Friday said it has attached assets worth a combined Rs 8 crore of former Indian cricketers, actors and models like Yuvraj Singh, Robin Uthappa, former Trinamool Congress MP Mimi Chakraborty, Sonu Sood and some others as part of its money laundering probe against an 'illegal' betting app named 1xBet.

Activist Harjeet Singh held after ED raids; Pak, B'desh trips under lens

Activist Harjeet Singh held after ED raids; Pak, B'desh trips under lens

Rediff.com6 Jan 2026

The Uttar Pradesh excise department arrested climate activist Harjeet Singh for allegedly possessing excess liquor after the ED searched his premises in connection with a foreign exchange violation case. The ED is investigating the misuse of funds received from abroad and Singh's visits to Pakistan and Bangladesh.

Govt approves schemes worth Rs 45,000 cr to boost exports

Govt approves schemes worth Rs 45,000 cr to boost exports

Rediff.com12 Nov 2025

The government on Wednesday approved two schemes worth Rs 45,000 crore to help exporters tide over the impact of high tariffs imposed by the US on Indian shipments.

Maruti Suzuki Q2 net profit rises 8% to Rs 3,349 cr

Maruti Suzuki Q2 net profit rises 8% to Rs 3,349 cr

Rediff.com31 Oct 2025

Maruti Suzuki India Ltd on Friday reported an 8 per cent rise in consolidated net profit to Rs 3,349 crore for the second quarter ended September 30.

No prayer bell, only Jana Gana Mana at this Gujarat factory now

No prayer bell, only Jana Gana Mana at this Gujarat factory now

Rediff.com27 Jan 2026

The idea, Shah explains, was to keep the discipline of a shared start, without asking anyone to participate in a religious act that wasn't theirs. The anthem, he felt, offered a "common minimum" that didn't privilege one faith over another: stand together, start together, get to work.

'A Number Of Stories Die Within You'

'A Number Of Stories Die Within You'

Rediff.com8 Jan 2026

'I feel this initiative will help makers like me to tell a lot of stories. I feel very sorry that it's happening so late. If it had happened 10 years ago, I would have told 10 or 12 more stories.'

Sensex ends in red; ITC is biggest drag

Sensex ends in red; ITC is biggest drag

Rediff.com1 Jan 2026

From the 30-Sensex firms, ITC tanked 9.69 per cent, following Bajaj Finance, Asian Paints, Bharat Electronics and ICICI Bank. In contrast, NTPC, Eternal, Mahindra & Mahindra, Larsen & Toubro and Power Grid were among the gainers.

Tamil Nadu bets big on India's first full-stack sovereign AI park

Tamil Nadu bets big on India's first full-stack sovereign AI park

Rediff.com14 Jan 2026

The sovereign AI park will be a first-of-its-kind, purpose-built district in India, integrating AI compute infrastructure, secure data frameworks, model research labs, and AI innovation clusters, along with a dedicated institute for AI in governance.

IPL 2026 Auction: Shock Buys Became A Recurring Theme

IPL 2026 Auction: Shock Buys Became A Recurring Theme

Rediff.com17 Dec 2025

IPL Auction 2026 was not just about money; it was a celebration of ambition, opportunity, and the unrelenting belief that the next big star could come from anywhere.

Sensex, Nifty close marginally lower on foreign fund outflows

Sensex, Nifty close marginally lower on foreign fund outflows

Rediff.com30 Dec 2025

From the 30-Sensex firms, Eternal, Infosys, Asian Paints, UltraTech Cement, Bajaj Finance, HCL Tech and Titan were among the biggest laggards. However, Tata Steel, Mahindra & Mahindra, Bajaj Finserv and Axis Bank were among the biggest gainers.

Budget 2026: What will Nirmala Sitharaman do?

Budget 2026: What will Nirmala Sitharaman do?

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman's biggest challenge will be to find a new growth driver, particularly against the backdrop of a global economy ravaged by heightened uncertainty and fragmentation, financial markets on a precipice, and global commodity prices on a continued uptrend.

Thackerays or BJP+Sena? Counting begins for Maha civic polls

Thackerays or BJP+Sena? Counting begins for Maha civic polls

Rediff.com16 Jan 2026

Counting of votes has begun in the Maharashtra municipal corporation elections, with a focus on the Mumbai battle between the BJP-led alliance and the Thackeray factions.

Maha votes in civic body polls, all eyes on Mumbai

Maha votes in civic body polls, all eyes on Mumbai

Rediff.com15 Jan 2026

Polling for 2,869 seats spread across 893 wards in these municipal corporations began amid tight security at 7.30 am and will conclude at 5.30 pm. A total of 3.48 crore voters are eligible to decide the fate of 15,931 candidates.

Centre mandates blue strip on antimicrobial drugs to curb overuse

Centre mandates blue strip on antimicrobial drugs to curb overuse

Rediff.com24 Jan 2026

The Union health ministry has issued draft rules to mandate a blue vertical strip on all antimicrobial drug labels, aiming to rein in over-the-counter misuse and tackle India's growing antimicrobial resistance (AMR) problem.

Men posing as RBI officials stop cash van, flee with Rs 7 cr

Men posing as RBI officials stop cash van, flee with Rs 7 cr

Rediff.com19 Nov 2025

Unidentified men posing as central government officials intercepted a cash van in Bengaluru and allegedly fled with about Rs 7 crore. Police are investigating the incident and have formed teams to hunt for the suspects.

Liquor scam: Chhattisgarh ex-CM Baghel's son Chaitanya gets HC bail

Liquor scam: Chhattisgarh ex-CM Baghel's son Chaitanya gets HC bail

Rediff.com2 Jan 2026

The Chhattisgarh High Court granted bail to Chaitanya Baghel, son of former chief minister Bhupesh Baghel, in two cases related to the alleged liquor scam. The bail was granted in cases lodged by the Enforcement Directorate (ED) and the Chhattisgarh Anti-Corruption Bureau (ACB)/Economic Offences Wing (EOW).

Sun Pharma Q2 net profit up 3% at Rs 3,118 cr

Sun Pharma Q2 net profit up 3% at Rs 3,118 cr

Rediff.com5 Nov 2025

Sun Pharmaceutical Industries on Wednesday posted a 2.56 per cent increase in its consolidated net profit to Rs 3,118 crore for the second quarter ended September 30, aided by robust sales in India and emerging markets. The Mumbai-based drug major reported a net profit of Rs 3,040 crore for the July-September quarter of the last fiscal.

GST reforms will cause Rs 3,700 crore revenue loss to govt: SBI report

GST reforms will cause Rs 3,700 crore revenue loss to govt: SBI report

Rediff.com5 Sep 2025

The State Bank of India (SBI) in its latest research report said that reforms in GST through reduction in rates will cause a minimal revenue loss of Rs 3,700 crore. The government estimates the net fiscal impact of GST rates rationalisation will be Rs 48,000 crore on an annualised basis.

All 14 ISL clubs give written nod for Feb 14 start

All 14 ISL clubs give written nod for Feb 14 start

Rediff.com12 Jan 2026

The top-tier ISL will feature 91 matches on a home-and-away basis.

BJP-Sena capture BMC, break Thackeray hold after 25 yrs

BJP-Sena capture BMC, break Thackeray hold after 25 yrs

Rediff.com17 Jan 2026

The BJP and Eknath Shinde-led Shiv Sena alliance secured a majority in the Brihanmumbai Municipal Corporation (BMC) elections, winning 118 out of 227 seats and ending the Thackeray family's long-standing control.

Karnataka DGP Ramachandra Rao suspended over viral video

Karnataka DGP Ramachandra Rao suspended over viral video

Rediff.com20 Jan 2026

Rao acted in an "obscene manner which is unbecoming of a government servant and also caused embarrassment to the government", his suspension order read.

Is Renaming Govt Schemes A Solution?

Is Renaming Govt Schemes A Solution?

Rediff.com20 Dec 2025

This has been our history of good governance: Things that were difficult to do and required planning and implementation were first taken up and then abandoned, notes Aaakr Patel.