ED questions Anil Ambani’s son Anmol in bank ‘fraud’ case

The Enforcement Directorate on Friday questioned Jai Anmol Ambani, son of industrialist Anil Ambani, in Delhi in a money laundering case linked to an alleged bank loan fraud, officials said. Photograph: PTI Photo from the Rediff Archives They said the

Net direct tax mop up grows 8% to Rs 17 lakh cr

Net direct tax collection grew 8 per cent to over Rs 17.04 lakh crore this fiscal till December 17 on slower refunds and higher advance taxes from corporates, the income tax department data showed on Friday. Illustration: Dominic Xavier/Rediff Net

KIMS raises stake in Sunshine Hospital to 75.53% with ₹148 crore investment

Krishna Institute of Medical Sciences Ltd (KIMS) has acquired an additional 6.94% equity stake in Sarvejana Healthcare Private Limited, also known as Sunshine Hospital, increasing its total holding to 75.53%, the company said on Friday, December 19. In an exchange

1000x subscribed, 1100x retail bid, yet this newly listed SME stock trades 10% below issue price

The euphoria for new listings among retail investors has continued in 2025, with a majority of SME issues receiving a strong response from the Street, as several issues witnessed subscription levels cross 100 times, despite market regulator SEBI tightening rules

Sensex jumps 448 points on fresh fund inflows

Equity benchmark indices Sensex and Nifty surged on Friday after four days of decline in tandem with a rally in global markets as a lower-than-expected US consumer price inflation data for November reinforced expectations of further interest rate cuts by

2026 Kia Seltos Plans To Take Back Compact SUV Crown

The new Seltos has grown in size with a length of 4460mm and that’s 95mm longer! IMAGE: The 2025 Kia Seltos looks like a completely different brute. All Photographs: Somnath Chatterjee for Rediff The compact SUV segment has undergone considerable

ED restores over Rs 300 crore for ex-employees of Kingfisher Airlines

The Enforcement Directorate on Thursday said it has restituted funds worth more than Rs 300 crore towards long-pending dues of the former workers of now defunct Kingfisher Airlines that was promoted by fugitive liquor baron Vijay Mallya. Photograph: Mansi Thapliyal/Reuters

India, Oman trade pact: Agri items, gold, silver, footwear excluded

India has protected the interest of domestic farmers and MSMEs by not extending any duty concessions on products across several sectors, including agricultural items such as dairy, as well as chocolates, gold, silver, jewellery, footwear, and sports goods, under the

Bharti Airtel appoints Shashwat Sharma as MD & CEO, Soumen Ray as group CFO effective January 1

Bharti Airtel appoints Shashwat Sharma as managing director and CEO of Airtel India and Soumen Ray as group chief financial officer, effective January 1, 2026, succeeding Gopal Vittal. Shares of the company ended nearly half a percent in the red

Vodafone Idea raises ₹3,300 crore via issuance of NCDs through subsidiary VITIL

Telecom major Vodafone Idea on Thursday, December 18, announced that it has successfully raised ₹3,300 crore through the issuance of unlisted, unrated, secured Non-Convertible Debentures (NCDs). The fundraise was executed through Vodafone Idea Telecom Infrastructure Limited (VITIL), a subsidiary of