News for 'utility'

Adani Power, Druk Green plan Rs 6K cr hydro project in Bhutan

Adani Power, Druk Green plan Rs 6K cr hydro project in Bhutan

Rediff.com6 Sep 2025

Adani Power on Saturday said it has inked a pact with Bhutan's state-owned utility Druk Green Power to set up a 570MW hydro project entailing investment of Rs 6,000 crore, in the Himalayan Kingdom. As per the pact, Adani Power and Druk Green Power Corp Ltd (DGPC), will initiate the the peaking run-of-river Wangchhu hydroelectric project on a BOOT (Build, Own, Operate, Transfer) model.

Infosys Q2 profit up 13% to Rs 7,364 crore

Infosys Q2 profit up 13% to Rs 7,364 crore

Rediff.com17 Oct 2025

IT company Infosys on Thursday posted 13.2 per cent increase in consolidated net profit at Rs 7,364 crore for the second quarter ended September 30, 2025.

Car sales in fast lane in Sep on lower prices post GST rejig

Car sales in fast lane in Sep on lower prices post GST rejig

Rediff.com1 Oct 2025

Auto majors Maruti Suzuki, Tata Motors and Mahindra & Mahindra reported robust sales in September as reduced price tags owing to GST rationalisation led to record demand in the Navaratri period. The month also saw Tata Motors and Mahindra & Mahindra settling at number two and three positions, respectively in vehicle wholesales ahead of Hyundai Motor India.

How To Save Money Under New Tax Regime

How To Save Money Under New Tax Regime

Rediff.com3 Oct 2025

Most think tax-saving deductions exist only in the old regime. But the New one quietly retains 40+ ways to ease your tax load

RBI in no hurry to launch digital currency nationwide

RBI in no hurry to launch digital currency nationwide

Rediff.com8 Oct 2025

The Reserve Bank of India (RBI) is in no rush to launch the central bank digital currency (CBDC) nationwide, as its most promising use case - cross-border payments - depends on other countries rolling out their own CBDCs simultaneously for the system to work effectively. That said, the CBDC pilot is progressing well, with the user base in India expanding to about seven million, said RBI Deputy Governor T Rabi Sankar.

'Militants Become Instruments In Political Contests'

'Militants Become Instruments In Political Contests'

Rediff.com22 Oct 2025

'Political protection allow groups to recruit, rearm and operate with reduced operational pressure. That increases their bargaining power and their ability to destabilise.'

Can Sai Sudharsan silence critics in Delhi?

Can Sai Sudharsan silence critics in Delhi?

Rediff.com9 Oct 2025

Assessing Sai Sudharsan's temperament and Nitish Kumar Reddy's utility in home conditions would be topmost on India's checklist when the high-on-confidence hosts take on a floundering West Indies

What Is Powering Mahindra's Bolero Run

What Is Powering Mahindra's Bolero Run

Rediff.com9 Oct 2025

Between January and August 2025, over 65,000 units of the Bolero were sold, making it the third-highest contributor to Mahindra's overall SUV sales. Bolero annually achieves sales of over 1 lakh units.

ITR filing deadline extended by a day to Sep 16

ITR filing deadline extended by a day to Sep 16

Rediff.com16 Sep 2025

The government on Monday extended the due date for filing income tax returns (ITRs) for Assessment Year 2025-26 by a day to September 16 as technical glitches disrupted filings on the last day. A record over 7.3 crore ITRs were filed till September 15, surpassing last year's 7.28 crore, the Central Board of Direct Taxes (CBDT) said in a post on X.

Utility vehicle demand drives PV sales to record high at over 43 lakh units in FY25: SIAM

Utility vehicle demand drives PV sales to record high at over 43 lakh units in FY25: SIAM

Rediff.com15 Apr 2025

Passenger vehicle dispatches in India from factories to dealers rose to record levels at over 43 lakh units in FY25, with utility vehicles accounting for 65 per cent of the total sales in the segment, industry body SIAM said on Tuesday. Passenger vehicle (PV) dispatches rose to 43,01,848 units in the last fiscal year, marking a 2 per cent increase compared to 42,18,750 units in FY 2023-24.

The Bolero Is Back With Lower Price, More Tech

The Bolero Is Back With Lower Price, More Tech

Rediff.com7 Oct 2025

Mahindra makes an interesting entry into urban centres with the relaunched Mahindra Bolero, writes Rajesh Karkera/Rediff.com.

Fuel efficiency norms allow carmakers to pool with others

Fuel efficiency norms allow carmakers to pool with others

Rediff.com6 Oct 2025

The move offers flexibility in compliance but also places penalties squarely on the designated manager of such a pool.

Maruti Suzuki India burns rubber, leaves key rivals in its rearview

Maruti Suzuki India burns rubber, leaves key rivals in its rearview

Rediff.com29 Sep 2025

Automotive (auto) stocks have been among the best performers in the BSE 200 index in recent months. More than half of the top 15 gainers over the past one, two, and three months have come from the sector.

'One of most special knocks of my life': Tilak Varma

'One of most special knocks of my life': Tilak Varma

Rediff.com29 Sep 2025

stroked 69 not out off 53 balls to steer India to a famous five-wicket victory in the title clash, dedicated his knock to "all the Indians".

Indian Cars Race Abroad as Home Sales Stall

Indian Cars Race Abroad as Home Sales Stall

Rediff.com3 Oct 2025

Between April and August this financial year, passenger car exports rose 8.5 per cent year-on-year (Y-o-Y), while domestic sales fell by 8.5 per cent.

BlackBuck exits Bengaluru, invited to relocate to Vizag

BlackBuck exits Bengaluru, invited to relocate to Vizag

Rediff.com17 Sep 2025

Online trucking platform BlackBuck co-founder & CEO Rajesh Yabaji on Tuesday said that the company has decided to move out of its current location at Bellandur on Bengaluru's Outer Ring Road (ORR), citing commuting and road infrastructure issues. The ORR, which is one of the IT corridors in the city, often witnesses traffic congestion.

Valuation a key hurdle for auto stocks in short term

Valuation a key hurdle for auto stocks in short term

Rediff.com24 Sep 2025

Multiple tailwinds for the automobile sector, including a cut in goods and services tax (GST) rates, are keeping analysts bullish on auto stocks from a long-term perspective, even as they see the rally running its course in the near term.

Small SUVs likely to see maximum growth post GST cut

Small SUVs likely to see maximum growth post GST cut

Rediff.com19 Sep 2025

The small sports utility vehicle (SUV) segment - comprising models less than 4 metres in length - could witness the "maximum" growth among all categories in the coming months following the recent goods and services tax (GST) rate rationalisation, Tarun Garg, chief operating officer of Hyundai Motor India (HMIL), said.

Today IS the last day for ITR filing; no extension

Today IS the last day for ITR filing; no extension

Rediff.com15 Sep 2025

The Income Tax Department has clarified that the deadline for ITR filing for Assessment Year 2025-26 is September 15 and there is no further extension as circulated on social media. In a late night post on X on September 14, the department termed "fake" a statement in circulation on social media stating that the due date of filing ITRs has been further extended to September 30, 2025.

20 Million UPI AutoPay Revoked Monthly

20 Million UPI AutoPay Revoked Monthly

Rediff.com15 Sep 2025

'There is a debit execution failure which is because there is not enough money in the user's bank account.'

Hotel Industry Faces Crores in GST Demands

Hotel Industry Faces Crores in GST Demands

Rediff.com29 Sep 2025

'This is not a case of tax evasion but the result of long-standing ambiguities in GST rules and unawareness.'

Sensex climbs 124 points; Nifty ends above 25K

Sensex climbs 124 points; Nifty ends above 25K

Rediff.com11 Sep 2025

Among Sensex firms, NTPC, Axis Bank, Power Grid, Bharti Airtel, Eternal and Sun Pharma were the major gainers. However, Infosys, Titan, UltraTech Cement and Hindustan Unilever were among the laggards.

BMW mows down senior finance ministry official in Delhi

BMW mows down senior finance ministry official in Delhi

Rediff.com15 Sep 2025

A senior official from the Union Ministry of Finance died and three others were injured after a BMW allegedly struck his motorcycle in Delhi. Police are investigating the incident.

Yug Gupta murder: HC acquits one, commutes death sentence of two

Yug Gupta murder: HC acquits one, commutes death sentence of two

Rediff.com23 Sep 2025

The Himachal Pradesh High Court acquitted one convict and commuted the death sentence of two others to life imprisonment in the 2014 Yug Gupta murder case.

PIX: Experimental India down Oman ahead of Pak rematch

PIX: Experimental India down Oman ahead of Pak rematch

Rediff.com20 Sep 2025

Skipper Suryakumar Yadav made optimal use of available resources in both departments as India did enough to beat a spirited Oman by 21 runs to end their league stage commitments in Asia Cup with a hat-trick of victories.

Why Silver Remains Heart of Festive Luxury

Why Silver Remains Heart of Festive Luxury

Rediff.com26 Sep 2025

This festive season, silver is being reinvented from gemstone accents and heirloom-inspired decor to luxury gifts, blending tradition with modern design.

Adani looks to invest $60 bn in power, RE sectors

Adani looks to invest $60 bn in power, RE sectors

Rediff.com7 Sep 2025

Industrialist Gautam Adani-led Adani Group is looking to invest around $60 billion up to FY32 in power sector, especially in renewables, generation and transmission/distribution. In an investor presentation, Adani Power said the group plans $21 billion investment by FY30 to scale up renewable energy capacity to 50 GW from 14.2 GW as of FY25.

Ten dead as torrential rain paralyses Kolkata; Puja holidays advanced

Ten dead as torrential rain paralyses Kolkata; Puja holidays advanced

Rediff.com24 Sep 2025

Heavy overnight rainfall caused widespread flooding in Kolkata, disrupting traffic, public transport, and daily life. Train and Metro services were suspended, and many areas experienced significant waterlogging.

I-T Rolls Out ITR-2, 3

I-T Rolls Out ITR-2, 3

Rediff.com12 Jul 2025

Taxpayers required to file ITR-2 or ITR-3 can now download the Excel utilities from the I-T department's e-filing portal, fill in their details offline.

'Do We Go Back To India? Do We Stay?'

'Do We Go Back To India? Do We Stay?'

Rediff.com29 Sep 2025

'The kids are already used to this place. We go back and that's a different environment.' 'So, mentally, emotionally we are stressed.'

'Money Fights: I Like to Save, She Loves to Splurge'

'Money Fights: I Like to Save, She Loves to Splurge'

Rediff.com10 Sep 2025

rediffGURU Dr Upneet Kaur explains how to discuss and resolve financial arguments in a relationship.

As buyers await price cut in GST rejig, automakers report dip in dispatches

As buyers await price cut in GST rejig, automakers report dip in dispatches

Rediff.com1 Sep 2025

Leading automakers Maruti Suzuki, Hyundai, Mahindra, and Tata Motors saw a dip in dispatches to dealers in August amid dip in demand with many prospective buyers postponing their buys anticipating a reduction in vehicle prices on account of the new GST framework. The country's largest carmaker Maruti Suzuki India reported an 8 per cent year-on-year dip in dispatches of passenger vehicles in the domestic market last month.

'World Cup in India will be brutal for bowlers'

'World Cup in India will be brutal for bowlers'

Rediff.com12 Sep 2025

The fourth edition of the SA20 will be played from December 26, 2025 to January 25, 2026, and the ICC's marquee event in all likelihood will be held between February and March.

How India Spends: A Revealing Story

How India Spends: A Revealing Story

Rediff.com19 Aug 2025

Nearly 7 out of every 10 P2M UPI transactions take place in high frequency categories like groceries, restaurants, pharmacies, fuel service stations, bakeries and utility services such as electricity, gas, water and sanitation.

Infy to buy 75% in Telstra arm for Rs 1.3K cr

Infy to buy 75% in Telstra arm for Rs 1.3K cr

Rediff.com14 Aug 2025

Information technology (IT) services major Infosys on Wednesday announced the formation of a joint venture (JV) with Telstra, Australia's leading telecommunications and technology company. This will allow Infosys to accelerate artificial intelligence (AI)-enabled cloud and digital solutions for Australian businesses.

Analysts' thumbs-up for Maruti's first e-SUV

Analysts' thumbs-up for Maruti's first e-SUV

Rediff.com2 Sep 2025

Maruti Suzuki's e-Vitara marks its high-stakes EV debut with strong export ambitions, lifting its stock even as analysts caution over pricing and fierce competition.

India@79: Rising Economy, Lingering Gaps

India@79: Rising Economy, Lingering Gaps

Rediff.com20 Aug 2025

India is set to become the world's fourth-largest economy in 2025, but slow income growth, lack of structural change, and rising inequality highlight the gap between progress and real transformation.

No cashless treatment for Bajaj Allianz customers of north India

No cashless treatment for Bajaj Allianz customers of north India

Rediff.com22 Aug 2025

The Association of Healthcare Providers - India (AHPI), representing hospitals and healthcare institutions across the country, has advised its members in north India to stop providing cashless treatment facilities for policyholders of Bajaj Allianz General Insurance Company, with effect from September 1.

Adani Group's EBITDA crosses Rs 90,000 cr in 12 months to June

Adani Group's EBITDA crosses Rs 90,000 cr in 12 months to June

Rediff.com28 Aug 2025

The Adani Group reported its highest-ever trailing twelve-month EBITDA of Rs 90,572 crore, driven by strong performance in its core infrastructure and clean energy businesses, along with contributions from its emerging airports segment, the conglomerate said on Thursday. The group reported an earnings before interest, taxes, depreciation and amortization (EBITDA) of Rs 90,572 crore for the period from July 2024 to June 2025, up from Rs 85,502 crore pre-tax profit in the trailing twelve months ending June 2024, it said in a statement.

India's GDP grows 7.8% in Q1; highest in five quarters

India's GDP grows 7.8% in Q1; highest in five quarters

Rediff.com29 Aug 2025

Indian economy grew by 7.8 per cent in April-June -- the highest in five quarters -- before the disruptive US tariffs were imposed.