News for 'streamlining operations'

Now you can make final PF pension withdrawal after 3 years

Now you can make final PF pension withdrawal after 3 years

Rediff.com14 Oct 2025

The Employees' Provident Fund Organisation (EPFO) board has approved liberalised part withdrawals for subscribers, allowing up to 100 per cent EPF withdrawal, and rolled out the 'Vishwas Scheme' to reduce litigation through rationalised penal damages.

Why these two ministries are unhappy with Ola Electric

Why these two ministries are unhappy with Ola Electric

Rediff.com21 Mar 2025

Ola Electric Mobility Ltd on Friday said ministries of heavy industries, and road transport and highways have sought information from the company over gap in vehicle registrations as per the Vahan portal and sales as per the firm's regulatory filing. Besides, the ministries have also sought clarification on reports "regarding non-compliance to the requirement of trade certificates", Ola Electric Mobility said in a regulatory filing.

2,148 Edtech Start-Ups Have Shut Down

2,148 Edtech Start-Ups Have Shut Down

Rediff.com15 Jan 2025

'Many were caught in a burnout race, chasing unsustainable growth without innovating.'

Amazon, Flipkart deploy war rooms for Rs 1.2 trillion festival battle

Amazon, Flipkart deploy war rooms for Rs 1.2 trillion festival battle

Rediff.com23 Sep 2025

At the stroke of midnight, live dashboards lit up simultaneously across Amazon India's World Trade Centre headquarters and Flipkart's Outer Ring Road office in Bengaluru. In sprawling "war rooms" at both the companies, executives monitored real-time data streams tracking payment speeds, inventory levels, and delivery logistics as millions of shoppers flooded online platforms.

How Army Is Preparing For Future Wars

How Army Is Preparing For Future Wars

Rediff.com28 Aug 2025

The Indian Army's broader reorganisation is inevitable as India's military doctrine adapts to the demands of the modern battlefield.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

No changes in FDI policy for Pak, China and few others

No changes in FDI policy for Pak, China and few others

Rediff.com4 Jun 2025

The government has not made any amendments to the foreign direct investment (FDI) policy for countries sharing land border with India, sources said on Wednesday. In 2020, the government issued Press Note 3 under which investors from these land bordering countries have to mandatorily take prior approval of the government for making investments in any sector.

Long-pending electoral cases fuel distrust, says outgoing CEC

Long-pending electoral cases fuel distrust, says outgoing CEC

Rediff.com17 Feb 2025

Outgoing Chief Election Commissioner Rajiv Kumar has expressed concerns about long-pending cases questioning electoral processes, arguing they fuel distrust and should be scheduled with consideration for election periods. He also advocated for enhanced transparency in political promises, with clear disclosures on financial viability and impact on state finances. Kumar further stressed the need for a totaliser system to maintain polling station-wise voting confidentiality and urged the empowerment of NRIs to vote remotely. He highlighted the potential of biometric authentication and technology to address issues like impersonation and multiple voting.

First Look: Inside Kartavya Bhavan, the new seat of govt

First Look: Inside Kartavya Bhavan, the new seat of govt

Rediff.com6 Aug 2025

Construction of all ten buildings of the Common Central Secretariat (CCS) is slated for completion in the next 22 months. Several ministries currently housed in Shastri Bhavan, Krishi Bhavan, Nirman Bhavan, and Udyog Bhavan will begin relocating to four new locations. The first building, Kartavya Bhavan, will be inaugurated by Prime Minister Narendra Modi.

Air India crash creates rare insurance dilemma: Nominees also among dead

Air India crash creates rare insurance dilemma: Nominees also among dead

Rediff.com18 Jun 2025

There have been some cases where the entire family has perished or both spouses died in the crash, which are making the claims process particularly complex.

BCCI staff to get reduced allowances

BCCI staff to get reduced allowances

Rediff.com15 Jun 2025

As the policy was going to be revised, the BCCI staff including the finance, operations and media department were not paid their daily allowances for the IPL and WPL but now that the policy has been formulated, their dues should be cleared soon.

How UPI, AePS, Wallets Are Changing India

How UPI, AePS, Wallets Are Changing India

Rediff.com24 Jul 2025

UPI has catapulted India into the forefront on the global digital payments landscape. Working hand in hand, the AePS payments system is making life easy for rural folks, notes Tamal Bandyopadhyay.

Savings on stamp duty draw HFTs to GIFT City

Savings on stamp duty draw HFTs to GIFT City

Rediff.com12 Jun 2025

Although most high-frequency traders (HFTs) prefer to set up shop close to stock exchanges to enjoy better latency, a few are willing to sacrifice proximity to save a few bucks. Two HFTs have already established their offices at the GIFT City (Gujarat International Finance Tec-City) IFSC while many more are likely to follow suit.

How Government Is Making Use Of AI

How Government Is Making Use Of AI

Rediff.com9 Oct 2024

The National Informatics Centre uses AI to automate document analysis and detect fraud in government departments.

'Nothing Will Affect Taxpayers' Benefits'

'Nothing Will Affect Taxpayers' Benefits'

Rediff.com11 Aug 2025

'There is no retrospective changing of the law, only its simplification.'

Ola Electric Scooters Get Smarter with OS Update

Ola Electric Scooters Get Smarter with OS Update

Rediff.com10 Jul 2025

Ola Electric's latest MoveOS 5 upgrade delivers sharper performance on its Gen 3 platform due to an optimised in-house Motor Control Unit that enhances range and responsiveness.

Crash Puts Spotlight On DGCA Warnings To Air India

Crash Puts Spotlight On DGCA Warnings To Air India

Rediff.com20 Jun 2025

The DGCA has issued multiple fines and warnings to Air India over the past three years, flagging serious concerns in flight operations, cockpit discipline, and internal accountability.

Karnataka rolls out crowd control rules after Bengaluru stampede

Karnataka rolls out crowd control rules after Bengaluru stampede

Rediff.com1 Jul 2025

The SoP includes general principles, according to which, police responses must prioritise life safety, protection of rights, prevention of property damage, and de-escalation of potential conflicts.

E2W firms get serious about customer care support

E2W firms get serious about customer care support

Rediff.com10 Dec 2024

Players like Ola Electric, Ather Energy, Kinetic Green and BGauss are introducing premium services and infrastructure enhancements.

Unacademy hands pink slips to 250 more employees

Unacademy hands pink slips to 250 more employees

Rediff.com3 Jul 2024

Edtech firm Unacademy has laid off 250 people across verticals, according to people familiar with the matter, reducing its employee strength by 50 per cent from what it was two years ago. Of those, 100 are from core functions such as marketing, business, and product, while the rest are from sales.

RBI to focus on enhancing cyber resilience and capabilities of SEs

RBI to focus on enhancing cyber resilience and capabilities of SEs

Rediff.com29 May 2025

The Reserve Bank on Thursday affirmed its commitment to continue with its supervisory measures aimed at early identification of risks and vulnerabilities. The central bank would also focus on enhancing cyber resilience and capabilities of Supervised Entities (SEs) by implementing the recommendations of the inter-regulatory Working Group, which has uniform baseline cybersecurity guidelines for financial entities, it said in its annual report.

SpiceJet plans to lay off 1,000 people

SpiceJet plans to lay off 1,000 people

Rediff.com12 Feb 2024

Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees in the coming days as the airline works to significantly reduce costs and streamline operations of its depleted aircraft fleet, officials said on Monday. Faced with financial woes, legal battles and other headwinds, the no-frills carrier might ask more staff to leave as there is excess manpower now compared to the number of planes in service. A final decision on the quantum of layoffs is expected this week, one of the officials in the know said.

Jaishankar speaks to Taliban minister, welcomes condemnation of Pahalgam attack

Jaishankar speaks to Taliban minister, welcomes condemnation of Pahalgam attack

Rediff.com16 May 2025

India on Thursday welcomed Kabul's firm rejection of attempts to create distrust between India and Afghanistan during a phone conversation between External Affairs Minister S Jaishankar and acting Afghan Foreign Minister Amir Khan Muttaqi.

Govt mulls nuclear energy law revamp to allow private sector entry

Govt mulls nuclear energy law revamp to allow private sector entry

Rediff.com19 May 2025

Government sources said amendments were being considered to the Atomic Energy Act to allow private sector participation and the Civil Liability for Nuclear Damage Act to limit the liability on suppliers of equipment to build atomic energy plants.

Amazon enters India's $15 bn diagnostics market with At-Home testing

Amazon enters India's $15 bn diagnostics market with At-Home testing

Rediff.com23 Jun 2025

Amazon India has launched Amazon Diagnostics, an at-home healthcare service that allows customers to book lab tests, schedule appointments and receive digital reports directly via the Amazon app. Initially available in six cities-Bengaluru, Delhi, Gurgaon, Noida, Mumbai and Hyderabad-the service covers more than 450 PIN codes and offers access to over 800 diagnostic tests.

Hizb chief's jailed sons move Delhi HC to restore phone calls

Hizb chief's jailed sons move Delhi HC to restore phone calls

Rediff.com9 May 2025

The sons of Hizb-ul-Mujahideen chief Syed Salahuddin, Syed Ahmad Shakeel and Syed Shahid Yusuf, have challenged a rule in the Delhi Prison Rules that bars those accused of offences against the state, terrorist activities, and other heinous crimes from using telephonic and electronic communication facilities. The two prisoners, currently lodged in different Delhi jails, are seeking restoration of their phone call facilities, alleging that the restrictions are arbitrary and unreasonable. The Delhi High Court has posted the matter for further hearing on May 22.

India Set For Rs 32 Trillion Defence Budget... In 2047

India Set For Rs 32 Trillion Defence Budget... In 2047

Rediff.com2 Jun 2025

'Make-in-India played a key role in India's effective action against terrorism during Operation Sindoor.'

Flipkart CEO Krishnamurthy signals strong growth amid India IPO plans

Flipkart CEO Krishnamurthy signals strong growth amid India IPO plans

Rediff.com27 May 2025

Flipkart Group Chief Executive Kalyan Krishnamurthy on Monday said the firm was advancing preparations for a potential initial public offering (IPO) in India, which included shifting its holding company to India from Singapore. Speaking at an internal town hall, Krishnamurthy said the company's leadership structure is strengthening and that the steps toward relocating Flipkart's legal base to India are progressing as planned, according to people familiar with the matter.

Our security did it: Official on drop in hoax bomb calls to airlines

Our security did it: Official on drop in hoax bomb calls to airlines

Rediff.com21 Nov 2024

A few weeks back, hundreds of flights had received bomb threat calls that later turned out to be hoaxes.

ShareChat lays off 200 staffers as it eyes profitability

ShareChat lays off 200 staffers as it eyes profitability

Rediff.com21 Dec 2023

Social media unicorn ShareChat has laid off 200 employees, around 15 per cent of its workforce, in another round of layoffs this year to reduce costs and achieve profitability within the next six quarters. In January, Mohalla Tech Pvt Ltd, the parent company of platforms ShareChat and Moj, fired 500 employees, 20 per cent of its workforce. The same month, company co-founders Bhanu Pratap Singh and Farid Ahsan also stepped down from executive roles.

Did You Know What Defence Ministry Did This Year?

Did You Know What Defence Ministry Did This Year?

Rediff.com20 Jun 2025

India fully utilised its military modernisation budget in 2024-2025 -- the first time in five years -- and signed a record Rs 2 trillion defence contracts.

Trump's tariffs: Auto part makers hope for 'balanced resolution'

Trump's tariffs: Auto part makers hope for 'balanced resolution'

Rediff.com4 Apr 2025

Auto parts exports from India may see a slight slowdown as US President Donald Trump's 25 per cent tariff could increase car prices for buyers by 8-25 per cent, thereby affecting demand, experts believe.

CBIC Eases GST Rules, Checks Overreach

CBIC Eases GST Rules, Checks Overreach

Rediff.com19 Apr 2025

The revised guidelines are aimed at curbing discretionary practices by field officers, especially the tendency to seek documents not mandated under the law.

Udaan set for IPO as NCLT clears demerger plan

Udaan set for IPO as NCLT clears demerger plan

Rediff.com15 Jan 2025

Udaan, India's largest business-to-business (B2B) e-commerce company, has received approval from the National Company Law Tribunal (NCLT) for its internal corporate restructuring plan, according to sources. By consolidating into a single entity, the restructuring will enhance Udaan's agility and pave the way for various financing options, including the ability to pursue an initial public offering (IPO) in India by 2026, according to people familiar with the matter.

Shoe pinches for most large footwear companies

Shoe pinches for most large footwear companies

Rediff.com11 Mar 2025

Footwear companies were among the weakest performers in the consumer discretionary sector during the October-December quarter (Q3) of 2024-25. The combined revenue growth of the top four listed firms was just 2.9 per cent year-on-year (Y-o-Y) - the lowest among major discretionary categories.

RIL's Q2 net falls 5% on weak O2C business

RIL's Q2 net falls 5% on weak O2C business

Rediff.com14 Oct 2024

Reliance Industries Ltd on Monday reported a 5 per cent fall in the net profit for the July-September quarter, as weak oil refining and petrochemical business hurt operational performance.

Reliance's O2C jitters: A refining challenge that's crimping growth

Reliance's O2C jitters: A refining challenge that's crimping growth

Rediff.com29 Jul 2024

Weighed down by the oil-to-chemicals (O2C) business, Reliance Industries (RIL) results for the April-June quarter (Q1) of 2024-25 (FY25) missed Street estimates. A 14 per cent fall in the O2C segment's operating profit compared to the year-ago quarter and a 22 per cent sequential decline pulled down the consolidated performance. The O2C segment accounts for a third of the overall operating profit and about 60 per cent of the attributable consolidated profit.

FTA deal with India: EU firms want non-tariff barriers to go

FTA deal with India: EU firms want non-tariff barriers to go

Rediff.com15 Mar 2025

European Union (EU) companies operating in India want New Delhi to streamline or remove non-tariff barriers such as Quality Control Orders (QCOs), complex Customs procedures; simplify labelling, testing, and import procedures; and facilitate cross-border digital transactions without data localisation constraints. These are results of a Business Sentiment Survey, 2025 conducted by the Federation of European Business in India (FEBI) ahead of resumption of negotiations for a free trade agreement (FTA) between both the sides scheduled to be concluded by year-end.

Elon Musk Takes Centrestage At Trump's Cabinet Meet

Elon Musk Takes Centrestage At Trump's Cabinet Meet

Rediff.com27 Feb 2025

Donald Trump held his first cabinet meeting of his second term, featuring a controversial appearance by Elon Musk, who stood wearing a "tech support" T-shirt.

Localisation saved Hyundai Rs 5,700 cr in forex since 2019

Localisation saved Hyundai Rs 5,700 cr in forex since 2019

Rediff.com22 Jan 2025

Hyundai Motor India Ltd (HMIL) has since 2019 saved around Rs 5,700 crore in foreign exchange (forex) by locally manufacturing or sourcing more than 1,200 components, including battery packs for electric vehicles, said a senior executive of the automaker. The company's efforts for Aatmanirbhar Bharat, the government's campaign for domestic manufacturing, have resulted in a localisation rate of 92 percent in India, said Gopalakrishnan Chathapuram Sivaramakrishnan, whole-time director and chief manufacturing officer at HMIL.