'Financially we are sound and we have always broken even. 'It is just we don't have the personnel and that is why we have to close down.'
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
The proposed reforms in goods and services tax (GST) announced by the government last week, coupled with the eighth pay commission dole-out, is likely to push consumption-driven stocks - such as air conditioners (ACs), select automobiles, fast-moving consumer goods (FMCG), retail, and counters of quick-service restaurants (QSRs) - into higher orbit over the next few months, believe analysts.
'Our focus would be to onboard top 100 merchants in top 10 different segments.'
Helicopters are being used to airlift people stranded in Uttarkashi, Uttarakhand, following flash floods and landslides. Rescue operations are ongoing, with hundreds evacuated and efforts underway to restore connectivity and power.
'The moment I watched the teaser I was astonished.'
Carlos Alcaraz, who advanced to the last eight in Cincinnati for the third time, has now won 36 of his last 38 matches.
According to a senior officer, during the two-week deadline for surrender of arms and ammunition, a total of 990 arms were surrendered with 11,526 ammunition.
Vijay, who spoke on the fishermen issues in nearby Nagapattinam, sported a green headgear and addressed farmers' grievances and sought an answer from CM Stalin.
Iga Swiatek was the latest top player to suffer an upset loss in Montreal as the Wimbledon champion
Sinner, who was also serenaded with "Happy Birthday" by the crowd, was grateful and slightly bemused by the gift.
Iga Swiatek arrives at the US Open with her sights set on a seventh Grand Slam title and a potential return to World No. 1 to cap what she calls a remarkable year of redemption following "the worst experience of my life".
Top seed and defending champion Jannik Sinner, playing on his 24th birthday, ended French qualifier Terence Atmane's dream run at the Cincinnati Open with a 7-6(4), 6-2 win on Saturday to reach the final of the US Open tune-up event.
Emotions often get the better of his side when facing arch-rivals India, a flaw former Pakistan skipper Rashid Latif believes has cost them crucial matches in recent years.
Jaiswal accomplished this milestone during his side's second T20I match against Sri Lanka at Pallekele.
Iga Swiatek, who beat American 13th seed Amanda Anisimova 6-0, 6-0 in the Wimbledon final on Saturday to win her sixth Grand Slam title.
Senior Congress leader Shashi Tharoor says US tariffs are negatively impacting India, leading to job losses, and criticizes President Trump's diplomatic behavior.
The BCCI invited bids for the Indian cricket team's title sponsorship rights after fantasy sports giants Dream11's pullout.
From facing Dennis Lillee to filming with Dharmendra, Mohsin Khan goes back in time in a freewheeling interview.
Former world number one Andy Murray celebrated his 1,000th tour-level singles match by beating Alexei Popyrin 6-3, 3-6, 6-3 to reach the second round at the Queen's Club Championships on Tuesday.
But the big question that keeps striking the mind is, if Indian tennis system can actually claim this win as its own. The answer is: partially.
China showcased its latest military hardware, including hypersonic and ballistic missiles, during a parade commemorating the 80th anniversary of its victory against Japanese aggression in World War II. President Xi Jinping called for world peace and national rejuvenation.
This "Special Eleven Team" has been equipped with a dedicated control room, a senior officer said.
Mboko, currently ranked 85th in the world, became the first Canadian to defeat three former Grand Slam champions in a single WTA event in the Open Era, with victories over Sofia Kenin, Coco Gauff and Elena Rybakina.
'The CCTV footage obtained from the Chief Minister's residence in Shalimar Bagh has made it clear that the attacker had started preparing for this attack at least 24 hours in advance'
In women's singles, Sindhu, a two-time Olympic medallist and 2019 world champion, will have to recover from the shock defeat against fellow Indian Unnati Hooda at the China Open.
After being launched, the glide bomb steer towards the target using a highly accurate hybrid navigation scheme, the ministry said.
Carlos Alcaraz won the Cincinnati Open after top seed Jannik Sinner retired while trailing 5-0 in the first set of their final on Monday.
MNS chief Raj Thackeray met CM Devendra Fadnavis, leading to speculation about political alliances. They discussed urban planning issues like parking solutions. The meeting follows a defeat for the Sena (UBT)-MNS panel in BEST credit society polls.
Ravindra Jadeja became only the third cricketer in the history of Tests, to score 1,000 runs and pick up 30 wickets in an away country.
By 10 am, Rakshit N Jagdale is already deep into the rhythm of the day, which promises to be a carousel of meetings, calls, and strategic decisions. As managing director of Amrut Distilleries, he balances ritual and ambition, tradition and transformation, like many other legacy players in India's alcoholic beverages sector who are staring at a rosy future.
'Punjab floods are a calamity.' 'Right from Firozpur to Amritsar nearly 1 lakh homes have been completely damaged due to floods.'concern about the state of affairs.
Jarange's hunger strike at the Azad Maidan in south Mumbai over the demand for Maratha quota entered the fifth day on Tuesday.
The number of companies with promoters whose demat accounts were frozen by the stock exchanges due to non-compliance increased over the past year. The BSE froze promoter demat accounts in 457 companies, according to data from the Securities and Exchange Board of India's (Sebi's) 2024-25 annual report released on August 12.
Indonesia Open: Karunakaran-Variyath pair keeps India's hope alive in mixed doubles
Satwiksairaj Rankireddy and Chirag Shetty outclassed Ong Yew Sin and Teo Ee Yi of Malaysia in straight games to enter the semi-finals of the China Open Super 100.
India successfully test-fired the newly-developed tactical missile Pralay, capable of carrying conventional warheads, from APJ Abdul Kalam island off the coast of Odisha. The missile, developed by DRDO, has a range of 150 to 500 km and a payload capacity of 500-1,000 kg.
'If I had the chance now, I would have continued acting.' 'The cultures of Maharashtra and Bengal are different and I felt I had to give my best to be a good daughter-in-law and an ideal wife.' 'I never thought I could balance both.'
Showcasing India as an attractive investment destination, Modi said the country has political and economic stability as well as transparency and predictability in policy decisions.
K L Rahul, the most consistent performer with the bat for the visitors so far in the series, completed 9,000 runs in international cricket across all formats.
