Surajeet Das Gupta &Amp; Abhijit Lele In New Delhi

Stories by Surajeet Das Gupta &Amp; Abhijit Lele In New Delhi

Securitisation volumes see a slump sequentially in Q4FY25, says ICRA

Securitisation volumes see a slump sequentially in Q4FY25, says ICRA

Rediff.com   14 Apr 2025

Securitisation - sale of loans to investors - by lenders, including banks and non-banking financial companies (NBFCs), crossed Rs 50,000 crore during the fourth quarter ended March 2025 (Q4F25). This is a tad higher than Rs 48,000 crore during the same period of FY24.

PSBs share in loans rises sharply in FY25

PSBs share in loans rises sharply in FY25

Rediff.com   10 Apr 2025

The pace of loan growth among public sector banks (PSBs) has seen a surge in the financial year 2024-25, and this is an exception to the overall moderation in bank credit during FY25. PSU banks' share in incremental credit rose to 57.3 per cent in March from 51.7 per cent a year ago, according to the Reserve Bank of India's (RBI's) Monetary Policy Report (April 2025).

Tech firms line up for Rs 23K crore PLI jackpot

Tech firms line up for Rs 23K crore PLI jackpot

Rediff.com   7 Apr 2025

Leading home-grown companies - Dixon Technologies (India), Amber Enterprises India, Tata Electronics, Chennai-based Munoth Industries, and Murugappa Group - along with global majors such as Japan's TDK Corporation, Taiwan's Hon Hai Technology Group (Foxconn), Austria's AT&S Austria Technologie & Systemtechnik AG (AT&S AG), and Japan's Murata Manufacturing Co, among others, have expressed initial interest in participating in the Rs 22,919 crore production-linked incentive (PLI) scheme cleared by the Union Cabinet, according to those privy to stakeholder discussions with the government.

Bajaj posts record sales on Gudi Padwa

Bajaj posts record sales on Gudi Padwa

Rediff.com   1 Apr 2025

Two-wheeler (2W) giant Bajaj Auto registered record sales across the country over the weekend on the back of Gudi Padwa, hawking 26,938 vehicles that included motorcycles and its electric scooter Chetak.

VC, PE funds bet big on traditional sectors

VC, PE funds bet big on traditional sectors

Rediff.com   27 Mar 2025

Venture capital (VC) and private equity (PE) funds had, in 2024, taken bets on traditional businesses rather than tech-first domains like consumer tech, software as a service (SaaS) and software. According to data from Bain & Co, Pitchbook, Venture Intelligence, VCC Edge and AVCJ, prominent VC funds like PeakXV saw their share in this traditional space go up sharply from 14 per cent in 2023 to 23 per cent in 2024.

Ola Electric: Can It Spark EV Adoption?

Ola Electric: Can It Spark EV Adoption?

Rediff.com   26 Mar 2025

Why has the shift from ICE to electric slowed down despite initial enthusiasm?

India Eyes Bigger Share Of US Electronics Market

India Eyes Bigger Share Of US Electronics Market

Rediff.com   20 Mar 2025

In 2023, the share of US electronics imports from India was a mere 1.9 per cent of the $520 billion they imported, while the total Indian electronics exports to the US was pegged at only $10 billion.

India's Auto Parts Industry Eyes Major US Expansion

India's Auto Parts Industry Eyes Major US Expansion

Rediff.com   19 Mar 2025

An ACMA-BCG report has targeted Indian auto component exports to hit $100 billion - nearly a fivefold increase from $21 billion currently

JioStar to Earn 6,000 Cr from IPL

JioStar to Earn 6,000 Cr from IPL

Rediff.com   19 Mar 2025

With 90% of the inventories sold out, JioStar expects to ring in more than a 58% increase over last year's IPL, when it clocked Rs 3,900 crore.

IndiGo Airlines World's Second Fastest-growing Airline In Seat Capacity

IndiGo Airlines World's Second Fastest-growing Airline In Seat Capacity

Rediff.com   19 Mar 2025

IndiGo is only behind Qatar Airways, which grew slightly faster at 10.4 per cent in the same period, according to the latest data from Official Airline Guide (OAG) based on 20 top airlines in the world.

Credit-deposit growth gap likely to dip sharply in FY26: India Ratings

Credit-deposit growth gap likely to dip sharply in FY26: India Ratings

Rediff.com   17 Mar 2025

The gap between credit and deposit growth in the banking system is expected to decline sharply to 80 basis points (bps) in the next financial year from an average of 386 bps over the FY22-Q3FY25 period, according to rating agency India Ratings. This would be against the backdrop of sharp moderation in the incremental loan deposit ratio (LDR) of the Indian banking system to 85 per cent in February 2025 from 117-118 per cent in the same month of 2024.

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Rediff.com   12 Mar 2025

Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.

Can India's Gold, Silver Slash US Trade Deficit?

Can India's Gold, Silver Slash US Trade Deficit?

Rediff.com   10 Mar 2025

Gem and Jewellery Export Promotion Council says step will balance trade deficit with the US.

DPIIT to Rope In Corporates For Startup Boost

DPIIT to Rope In Corporates For Startup Boost

Rediff.com   6 Mar 2025

Companies have been approached to set up incubation centres that will offer financial and non-financial support to manufacturing startups at various levels.

Top Biz Families Fuel 20% Of CSR Spends

Top Biz Families Fuel 20% Of CSR Spends

Rediff.com   6 Mar 2025

Tatas, Ambanis, Adanis, Birlas contributed an average of Rs 800 crore to Rs 1,000 crore per family group.

Gold loan offtake stays strong amid retail loan moderation in January

Gold loan offtake stays strong amid retail loan moderation in January

Rediff.com   1 Mar 2025

The gold loan portfolio of banks continued to show strong off-take with 76 per cent year-on-year (Y-o-Y) growth in January 2025 amid moderation in retail credit - especially in the unsecured credit segment - following increase in risk weights in November 2023. The gold loan pool had grown 17.4 per cent Y-o-Y in January 2024.

2024 an inflection point in race to become unicorn

2024 an inflection point in race to become unicorn

Rediff.com   28 Feb 2025

Startups that became unicorns in 2024 took an average of nine years and six months to reach $1 billion valuation, reflecting the impact of a prolonged funding squeeze from PE/VC firms over the past few years.

IITs, IIMs Lose Grip on Unicorn Growth

IITs, IIMs Lose Grip on Unicorn Growth

Rediff.com   28 Feb 2025

BITS has produced 10 startup unicorn founders in the US.

'How Will I Survive Without My Monthly Withdrawals?'

'How Will I Survive Without My Monthly Withdrawals?'

Rediff.com   24 Feb 2025

'I don't know when I will be able to access those funds.'

iPhone Revenue Nears Tata Steel

iPhone Revenue Nears Tata Steel

Rediff.com   19 Feb 2025

Apple Inc's iPhones assembled in India achieved market revenues of Rs 162,000 crore. Tata Steel's revenue for the same period was Rs 162,324 crore.