Banks will be able to give loans to Indian companies for acquiring the entire equity stake or a controlling part of it in domestic or foreign firms as strategic investment that creates long-term value rather than for short-term financial restructuring if the Reserve Bank of India's (RBI's) draft circular, issued on Friday, comes to fruition.
The share of services in gross value added (GVA) in 2023-24 was the highest in Chandigarh (88.8 per cent), followed by Delhi (84.1 per cent), said a NITI Aayog report released recently.
Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. On July 26, 2023, the Mumbai-based diversified firm had announced the acquisition of a 3.53 per cent stake in RBL Bank as a treasury investment at a cost of Rs 417 crore.
As a marriage ages, boredom creeps in and feelings move to the back burner, giving way to monotonous interactions, says rediffGURU Anu Krishna.
Sri Lanka stays with you not just in memory, but gently reminds you what a society can achieve when heart and heritage guide the way.
The stock of mid-tier information technology (IT) major Persistent Systems has been one of the outperformers in the IT pack with a return of 5.3 per cent over the last year, while its peer index, the Nifty IT, is down 16.2 per cent over the same period. The strong September quarter (Q2FY26) result and upgrades by brokerages are positive but its ability to sustain growth momentum in a weak macroeconomic environment will be key for future gains. At the current levels, the stock is trading at a premium valuation of 38 times its FY27 earnings estimates.
rediffGURU Nayagam PP advises young aspirants how to pick the right course and career.
'I was not sure if Australia would allow me to cross the border after the semifinals.'
'The danger is that when the music stops, the fall will be sudden, faster, and deeper than anyone expects,' warns Debashis Basu.
Madhya Pradesh Minister and Bharatiya Janata Party leader Inder Singh Parmar has sparked controversy by saying that social reformer Raja Ram Mohan Roy was a 'British agent' who started a 'vicious cycle of religious conversion', prompting the Trinamool Congress to call the remarks an insult to Bengal.
'Can a nuclear-armed nation sustain itself indefinitely under overt military rule without catastrophic consequences for itself and the region? History suggests otherwise.'
We look at the longest Hindi movies through the years, and interestingly, most of them have done well.
IOC eyes 'right media partner' in India as cricket returns to Olympics in 2028
Fashion and lifestyle retailer Trent on Friday reported a 11.3 per cent on year rise in its consolidated net profit for the second quarter of 2025-26 (Q2FY26). Its revenue from operations rose 15.9 per cent to Rs 4,817.68 crore in Q2 compared to the same period last year.
'In these times of vitiated politics, we miss people like Advaniji and Atal Bihari Vajpayee in active politics more than ever.'
Force Motors, known for its shared mobility solutions, is gearing up to expand its presence in global markets and defence segment having consolidated its position in India by narrowing down on focus areas for profitable growth, according to managing director Prasan Firodia.
All board members and staff of the Securities and Exchange Board of India (Sebi) will be required to declare their assets, liabilities, trading activities, and relevant relationships at multiple stages - at the time of appointment, annually, upon key events, and at exit. This is part of a series of recommendations by a high-level committee constituted by the markets regulator in a bid to overhaul conflict-of-interest and disclosure rules.
'Self-grooming is very important; not only to attract your partner but also to boost your self-esteem.'
The Adani group, which operates across multiple infrastructure sectors, with 12 listed entities in India and a combined market capitalisation of about $200 billion, remains "anchored by strong assets and robust cash flows", according to a Bank of America (BofA) report.
A phone number and e-mail are often enough for a fraudster to trick a lender into pulling your report and disbursing a loan.
On what would have been Diego Maradona's 65th birthday, Naples marked the occasion by taking his bronze statue on a 24-hour tour through the city. Created by sculptor Domenico Sepe and housed in the Vignati Collection Museum, the statue travelled from the Spanish Quarters to the Stadio Diego Armando Maradona, stopping at landmarks linked to the football legend's life in Naples.
'It is a beautiful balance between traditional old-world sanskaars, and new generations opening up to new worlds without renouncing respect,' observes Sandeep Goyal.
Maharashtra Deputy Chief Minister Ajit Pawar says an inquiry has been initiated into the alleged illegal sale of government land to his son's company in Pune. The sale of 40 acres of land is under scrutiny, and the Chief Minister has stated that action is being taken as per law.
After issuing notices to hotels across the country for allegedly underpaying goods and services tax (GST) on restaurant services, the revenue department has now widened its scrutiny by seeking information from online travel platforms.
Properties owned by Tiger Memon and his family, accused in the 1993 Mumbai serial blasts, are set to be auctioned. The properties include flats in Al Husseini building where conspiracy meetings were held.
His inheritance was a double-edged sword because the NDA was understandably interested only in highlighting that part of the RJD's tenure in government that evokes kidnapping, extortion, and lawlessness.
Countering Bumrah before spinners come into play will be key for SA: Graeme Smith
This Delhi Crime series belongs to Huma Qureshi, who plays Badi Didi as a hateful woman. She also commands some admiration for the way she negotiates with venal men and even some degree of sympathy for making the best of whatever life throws at her, observes Deepa Gahlot.
'...the electoral playing field is tilted significantly in its favour.'
Indian consumers are entering the festive season with renewed confidence and financial optimism, outpacing global benchmarks, according to Deloitte India's latest Consumer Signals: India Chapter. "With inflationary pressures easing and the recent Goods and Services Tax (GST) revisions enhancing purchasing power and festive cheer among consumers, this brings a new wave of consumption.
Growth accelerated for Zomato operator Eternal in the second quarter of financial year 2026 (Q2FY26). Zomato's business to commerce (B2C) operations delivered a strong 57 per cent year-on-year (Y-o-Y) rise in net order value (NOV) to Rs 23,164 crore while consolidated revenue soared 183 per cent Y-o-Y (90 per cent Q-o-Q) to Rs 13,590 crore during the period, with like-for-like (LFL) growth of 65 per cent, and acceleration in the quick commerce (QC) segment, which recorded NOV growth of 137 per cent Y-o-Y (27 per cent Q-o-Q).
Pune-based two-wheeler major Bajaj Auto posted its highest ever quarterly revenue and profit after tax (PAT) in Q2FY26. Even as consolidated revenues were up 18.8 per cent year-on-year (Y-o-Y) to Rs 15,734.7 crore, PAT zoomed 53.2 per cent to Rs 2,122 crore.
After big win in Bihar, the BJP is likely to push harder in Tamil Nadu, where the DMK government and the uneasy BJP-AIADMK alliance are preparing for a tense election filled with seat-sharing fights, changing alliances, and the unpredictable entry of Vijay's TVK party, predicts N Sathiya Moorthy.
'His campaign reached into every community, every constituency, with a unifying platform of affordability.' 'Zohran began by listening to Trump supporters and brought many of them to his side because they too care about affordability.' 'Care for the poor is a tenet of every faith; this is the best platform to unite us.'
The iconic Pushkar Camel Fair 2025 is set to take place from October 30 in Rajasthan. Camel herders from across the region have begun arriving in Pushkar and Ajmer with their magnificent camels, while cultural performances with foreign tourists add vibrant energy to the preparations.
Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.
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.
'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'
Days after the controversial 40-acre Pune land deal by a firm linked to Maharashtra Deputy Chief Minister Ajit Pawar's son, a now-suspended tehsildar issued an eviction notice to the Botanical Survey of India (BSI), a long-standing tenant on the property
Maharashtra Deputy Chief Minister Ajit Pawar says his son Parth was unaware that the land his company purchased in Pune belonged to the government. The controversial transaction has been cancelled, and a probe has been ordered.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances