Swiggy expands 10-minute food delivery service ‘Bolt’ to over 500 cities

Swiggy on Friday said its 10-minute food delivery service ‘Bolt’, which was launched in October last year, is now operational in more than 500 cities across the country. Photograph: Francis Mascarenhas/Reuters Presently, at least one in every 10 food delivery

Bharti Airtel, Tata Group call off DTH merger talks

Bharti Airtel and Tata Group have terminated discussions for a merger of their direct-to-home (DTH) business, according to a Bombay Stock Exchange (BSE) filing on Saturday. Photograph: PTI Photo from the Rediff Archives In the BSE filing, Airtel said this

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

Domestic institutional investors (DIIs), mostly mutual funds and insurance companies, overtook foreign portfolio investors (FPIs) in ownership of NSE-listed companies in the March quarter of 2025. Illustration: Uttam Ghosh/Rediff According to Prime Database, DIIs held a 17.62 per cent stake,

Sanofi Consumer Q1 Results | Net profit falls 20% to ₹50 crore, revenue slides 22% to ₹173 crore

French drug major Sanofi Consumer Healthcare India Ltd on Friday (May 2) reported a 20.3% year-on-year (YoY) decline in net profit at ₹50 crore for the first quarter that ended March 31, 2025. In the corresponding quarter of the previous

ICAI to help Sebi in tackling financial fraud

Chartered accountants’ apex body ICAI will be preparing a research paper to help markets watchdog Sebi in dealing with financial frauds. Illustration: Dominic Xavier/Rediff ICAI president Charanjot Singh Nanda on Saturday said the institute will set up a working group

Warren Buffett’s Berkshire Hathaway cash pile hits record high of $347.7 billion in Q1 2025 amid tariff uncertainties

Warren Buffett-run, Omaha-based investment giant, Berkshire Hathaway’s cash pile hit a record high of $347.7 billion as of the end of the January to March quarter of the calendar year 2025 amid the ongoing tariff uncertainties over international trade, reported

Are The Rich Paying Less Tax?

They are not just underreporting income; they are reshaping what the income tax system perceives.   There have long been heated debates about the progressive nature of personal income tax (PIT) and the regressive traits of India’s indirect tax system,

Rs 2000 notes worth Rs 6,266 cr still in circulation

The high value Rs 2000 notes worth Rs 6,266 crore are still in circulation after two years of the Reserve Bank withdrawing the currency, according to official data. Photograph: PTI Photo from the Rediff Archives The Rs 2000 banknotes continue

Forex reserves jump $1.98 bn to $688.13 bn

India’s forex reserves increased $1.98 billion to $688.13 billion during the week ended April 25, the RBI said on Friday. Illustration: Dado Ruvic/Reuters This is the eighth consecutive week of a rise in the kitty, which had jumped 8.31 billion

R R Kabel net profit up 64%; Sunteck Realty profit, revenue decline

Q4 Results Live: Godrej Properties has become the first company to report Q4 results on Friday. The company has guided for FY26 bookings to be worth ₹32,500 crore, with 10 million square feet worth of deliveries in the pipeline. Earnings

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