Billionaire Gautam Adani has been charged by US prosecutors for allegedly being part of a scheme to pay $265 million (about Rs 2,200 crore/Rs 22 billion) bribes to Indian officials in exchange of......
A special court in Mumbai on Monday denied bail to businessman Sujit Patkar, an aide of Shiv Sena-Uddhav Balasaheb Thackeray MP Sanjay Raut, in the alleged COVID treatment centres scam, noting he......
'If someone fiddles us on our religion then we will pay back five times more to that person. We have proved that time and again.' IMAGE: Amit Thackeray speaks to Rediff.com's Syed Firdaus Ashraf.......
'Crores of rupees have been spent on paper but nothing has actually happened on the ground.' IMAGE: A resident of Sant Dnyaneshwar Nagar in Thane's Kopri Pachpakkhadi area applies tilak on Kedar......
After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......
The Reserve Bank of India on Monday issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign direct investment (FDI) if the entity breaches......
More than five years ago on an April evening, cash-starved Jet Airways announced temporary grounding of operations after flying as a full service airline for 25 years. Photograph: Francis......
'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.''The Indian economy and financial sector are now well-placed and very resilient in dealing with......
IL&FS group has discharged debt of Rs 38,082 crore to its creditors as of September 30, 2024, according to the latest status report affidavit filed by the debt-ridden firm before insolvency......
One97 Communications (OCL), the company that operates brand Paytm, received a nod from the National Payments Corporation of India (NPCI) to onboard new Unified Payments Interface (UPI) users.......