State Bank of India has decided to classify the loan account of beleaguered telecom firm Reliance Communications as "fraud" and to report the name of its erstwhile director -- Anil Ambani to the Reserve Bank of India (RBI), according to a regulatory filing. Reliance Communications in a regulatory filing said that it has received a letter dated June 23, 2025 from the State Bank of India (SBI) to this effect.
Ruling that Flipkart cannot "escape liability" as "mere intermediary" in an online purchase, a consumer commission here has found the e-commerce platform and television manufacturing company Thomson guilty of deficiency in service after a defective TV was delivered to a customer.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
During negotiations, the officer allegedly agreed to reduce the amount to Rs 2 crore, with the condition that the first installment of Rs 50 lakh had to be paid to the middleman by Thursday evening, the complaint said.
The beneficiaries will get increased pensions of Rs 1,100 from July.
The price of jet fuel (ATF) was sharply increased by 7.5 per cent on Tuesday, while the cost of LPG used in commercial establishments was reduced by Rs 58.50 per cylinder, reflecting shifts in international benchmark rates. After three rounds of price cuts, aviation turbine fuel (ATF) price was increased by Rs 6,271.5 per kilolitre, or 7.5 per cent, to Rs 89,344.05 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers.
The Telangana government on Tuesday gave a dressing down to the management of Sigachi Industries Ltd for its absence following a factory blast that claimed 36 lives in Sangareddy district.
'While shooting the Don song, Chandra Barot ordered 30-40 paans and insisted Amitabh Bachchan eat them all.'
In an unprecedented move, the Supreme Court administration has written to the Centre for vacating the official residence of the Chief Justice of India at Krishna Menon Marg in New Delhi, noting that the current occupant ex-CJI D Y Chandrachud has stayed beyond the permissible period.
Vishal Yadav, an Upper Division Clerk (UDC) in the Directorate of Dockyard at the Navy building, allegedly also shared details on Operation Sindoor -- strikes carried out by the Indian Armed Forces in Pakistan and Pakistan-occupied Kashmir in response to the Pahalgam terror attack.
InterGlobe Aviation promoter Rakesh Gangwal and his family trust on Tuesday sold a 5.7 per cent stake in the airline for about Rs 11,385 crore ($1.33 billion) through a block deal, according to sources. Apart from Gangwal, the Chinkerpoo Family Trust, whose trustees are Shobha Gangwal and JP Morgan Trust Company of Delaware, has also participated in the transaction for divesting its stake in IndiGo, the country's largest airline, the sources said.
The primary drivers: Geopolitical disruptions inflating fuel and operational costs, and a surge in travel demand.
'India is a very strategic geography. The business is growing over 37-38 per cent year-on-year.'
The court emphasised that all parties must comply with Section 16 of the POSH Act, ensuring confidentiality of the identities involved.
Your AMC shuts shop. Panic? Wait. What happens next isn't what most fear.
The Bombay High Court has dismissed the petitions of the Board of Control for Cricket in India (BCCI) challenging arbitral awards of over Rs 538 crore (Rs 5,038 million) in favour of the now-defunct Indian Premier League franchise Kochi Tuskers Kerala.
Over 60 companies are ready to launch IPOs in the coming months.
Investors will be able to authenticate if the entity receiving the payment is a valid entity under the ambit of Sebi.
After investing a staggering amount in May, foreign investors turned net sellers with a withdrawal of Rs 8,749 crore from the Indian equity markets in the first week of this month triggered by renewed US-China trade tensions and rising US bond yields. This momentum follows a net investment of Rs 19,860 crore in May and Rs 4,223 crore in April, data with the depositories showed.
He said six people have been rescued so far, and a search operation is being conducted on a war footing as some people are swept away.
The summons come after an FIR was registered by the ACB on April 30 based on allegations of financial irregularities to the tune of Rs 2,000 crore in the construction of over 12,000 classrooms or semi-permanent structures in Delhi government schools.
'Mountaineering is never 'easy'. Nothing is in your hands, you have to be prepared. That's the same for life as well.'
A commander of the banned CPI (Maoist) was killed in a gunfight with security forces in Jharkhand's Palamu district. Another red rebel, carrying a bounty of Rs 15 lakh, was injured in the encounter. Several weapons, including a self-loading rifle, were recovered during the search operation following the gunfight.
The combined market valuation of the top-ten most valued firms jumped by a whopping Rs 3,84,004.73 crore in the holiday-shortened last week, in-tandem with a smart rally in equities, with HDFC Bank and Bharti Airtel emerging as the biggest gainers. Last week, the BSE benchmark Sensex jumped 3,395.94 points or 4.51 per cent, and the NSE Nifty surged 1,023.1 points or 4.48 per cent.
From the Sensex firms, Eternal, Power Grid, ITC, Bajaj Finserv, Nestle, Axis Bank, Kotak Mahindra Bank and Adani Ports were among the biggest gainers. Sun Pharma was the only laggard, declining nearly 2 per cent.
People with modest incomes can also build a crore-worthy portfolio by investing small amounts consistently, says Ramalingam Kalirajan, and shows how the magic of compounding works.
'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'
In a little-known episode from the Emergency era, former prime minister Indira Gandhi quietly donated a significant sum of Rs 90,000 for treatment of her fiercest critic, Jayaprakash Narayan, the leader of the nationwide anti-Emergency movement.
The death toll from the explosion at the Sigachi Industries' pharma plant in Pashamylaram has risen to 35, police said on Tuesday.
Dining today isn't just about food -- it's about the experience and the story.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
With the viral post sparking protests by the followers of the farmer leader in Muzaffarnagar and Meerut, a case was registered against Amit Choudhry at the Civil Lines Police Station in Muzaffarnagar.
Developers based outside Mumbai are making a beeline for India's largest real estate market through redevelopment projects. These include Delhi-based DLF, Bengaluru-based Prestige Estates and Puravankara, Pune-based Kolte-Patil Developers and Vascon Engineers, and Hyderabad-based Ramky Estates.
Monsoon hit the state on June 20 and has since then cost it Rs 5,000 crore in damages.
Drug major Cipla on Tuesday said its consolidated net profit increased 30 per cent to Rs 1,222 crore in the fourth quarter ended March 31, 2025. The Mumbai-based drug firm had reported a consolidated net profit of Rs 939 crore for the January-March period a year ago.
South Korean automaker Hyundai Motor Company on Tuesday exited Ola Electric Mobility by selling its entire 2.47 per cent stake in the company for Rs 552 crore through an open market transaction. According to the bulk deal data available on the NSE, Hyundai Motor Company sold more than 10.88 crore shares or 2.47 per cent stake in Bengaluru-based Ola Electric Mobility.
He has single-handedly planted over 100,000 trees and shared more than 40,000 saplings with others -- all at no cost.
In its second weekend, Bhool Chuk Maaf has scored a half century at the box office.
...the DMK chief minister's campaign -- which includes criticism of the BJP's 'pro-Hindutva, anti-Tamil, anti-federal' policies and building on his own government's social welfare programmes targeting especially women and youth -- appeals to Tamil Nadu's voters in next year's assembly election, explains N Sathiya Moorthy.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.