Search results for 'Business Line'

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

IPL set for new champion as RCB, Punjab Kings clash in final

IPL set for new champion as RCB, Punjab Kings clash in final

Rediff.com2 Jun 2025

Virat Kohli's nearly two-decade long agonising wait to lay his hands on an IPL trophy with Royal Challengers Bengaluru will be up against Shreyas Iyer's resolve to make first-time winners out of the tenacious Punjab Kings.

It's confirmed, Zomato is now Eternal!

It's confirmed, Zomato is now Eternal!

Rediff.com10 Mar 2025

The shareholders of Zomato have approved a special resolution to rename the firm 'Eternal', the company informed in a stock exchange filing. The brand name of the company's food delivery business Zomato will remain the same, along with the app. Eternal will comprise four major businesses (as of now) -- Zomato, Blinkit, District, and Hyperpure.

Generic industry unlikely to be affected by Trump's EO: Indian drug cos

Generic industry unlikely to be affected by Trump's EO: Indian drug cos

Rediff.com14 May 2025

A fresh US executive order (EO) which seeks to bring down prices of prescription drugs in the country by up to 90 per cent -- on par with other developed nations -- will affect innovator companies, while sparing the Indian generic drug makers in the short term. US President Donald Trump signed the EO on Monday, directing the US Trade Representative and the Secretary of Commerce to act against foreign countries that "purposefully and unfairly undercut market prices", driving price hikes in the US.

Swiggy losses widened nearly 2x in March quarter

Swiggy losses widened nearly 2x in March quarter

Rediff.com10 May 2025

Food delivery aggregator Swiggy saw its loss widen for the fourth quarter (January-March) of financial year 2024-25 (Q4FY25). The firm reported a consolidated loss of Rs 1,081.1 crore for the quarter, compared to a loss of Rs 554.7 crore in the corresponding quarter of FY24.

'Small Cars Must Grow By 8-10% For...'

'Small Cars Must Grow By 8-10% For...'

Rediff.com11 Jun 2025

'...the auto industry to get back to 7% to 8% annual growth.' 'High growth in the SUV segment alone will not achieve this, as it is a small market.'

Can Nimisha Priya Escape Death In Yemen?

Can Nimisha Priya Escape Death In Yemen?

Rediff.com10 Jul 2025

'You know the situation in Yemen now. There is no government there.' 'The rebels are in control. So, there is no diplomatic channel through which we can negotiate.'

PIX: Real Madrid bids farewell to Ancelotti, Modric

PIX: Real Madrid bids farewell to Ancelotti, Modric

Rediff.com25 May 2025

Real Madrid delivered manager Carlo Ancelotti and midfielder Luka Modric a victory in their final game at the Santiago Bernabeu on Saturday, with Kylian Mbappe scoring twice in a 2-0 win over Real Sociedad to end their LaLiga season.

Border residents clear bunkers as India-Pak tension rises

Border residents clear bunkers as India-Pak tension rises

Rediff.com26 Apr 2025

Villagers living near the International Border and Line of Control in Jammu are on high alert following the recent terror attack in Pahalgam, preparing underground bunkers and accelerating crop harvesting. The incident has heightened security concerns despite a renewed ceasefire agreement between India and Pakistan in 2021. Residents are demanding swift action against the perpetrators and their handlers.

MX Player Is The Horse To Bet On In OTT Biz

MX Player Is The Horse To Bet On In OTT Biz

Rediff.com12 May 2025

At 250 million unique visitors a month, MX Player has for long been in the same bracket as YouTube (454 million) and Meta (324 million) in reach.

Welfare over sops for industry: Mamata digs in ahead of polls

Welfare over sops for industry: Mamata digs in ahead of polls

Rediff.com26 Jun 2025

'The chief minister believes the poorest of the poor have the first right on government resources.'

India Must Be Ready For Next War With Pakistan

India Must Be Ready For Next War With Pakistan

Rediff.com15 Jul 2025

India has to fill in all the critical gaps in missiles, ammunition, sensors and stockpile in the fastest possible manner, focusing on the critical instruments that worked this time, asserts Shekhar Gupta.

Vibe Coding's Challenge For India's IT Cos

Vibe Coding's Challenge For India's IT Cos

Rediff.com14 May 2025

'Could the impending new crisis, vibe coding, similarly create not a disaster like what befell Indian handlooms during the Industrial Revolution but another opportunity like what the Y2K crisis created?' asks Ajit Balakrishnan.

Reliance back on growth path, multiple catalysts to drive performance

Reliance back on growth path, multiple catalysts to drive performance

Rediff.com19 Jan 2025

Reliance Industries Ltd, India's most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said.

Fire, engineering insurance premiums likely to move up by 60% in 2025

Fire, engineering insurance premiums likely to move up by 60% in 2025

Rediff.com31 Dec 2024

In 2025, Indian firms may face higher premiums for fire and engineering insurance covers as reinsurers are likely to revise rates due to rising claims from catastrophic events and higher loss ratios, according to people in the know.

Crash Puts Spotlight On DGCA Warnings To Air India

Crash Puts Spotlight On DGCA Warnings To Air India

Rediff.com20 Jun 2025

The DGCA has issued multiple fines and warnings to Air India over the past three years, flagging serious concerns in flight operations, cockpit discipline, and internal accountability.

Fans Miss Dhoni At India-New Zealand Game

Fans Miss Dhoni At India-New Zealand Game

Rediff.com2 Mar 2025

Even though Mahendra Singh Dhoni has retired, a large number of young fans could be seen wearing his iconic No. 7 jersey.

If India attacks Pak, B'desh should occupy NE states: Yunus' aide

If India attacks Pak, B'desh should occupy NE states: Yunus' aide

Rediff.com2 May 2025

A former Bangladesh army officer and close aide of Chief Adviser Muhammad Yunus has suggested that Dhaka should collaborate with China to occupy India's northeastern states if it attacks Pakistan in response to the Pahalgam terror attack. Bangladesh's interim government has distanced itself from the remarks made by Major General (Retd) ALM Fazlur Rahman on his social media account. Rahman's comments come amidst growing tensions between India and Bangladesh following Yunus' remarks in China about India's northeastern states being landlocked and needing Bangladesh's access to the ocean. These incidents have further strained relations between the two countries, with India withdrawing transhipment facilities granted to Bangladesh for exporting goods to the Middle East, Europe, and various other countries.

AI Boom Fuels Demand for IT Specialists

AI Boom Fuels Demand for IT Specialists

Rediff.com21 Mar 2025

Entry level engineers for these roles can be paid between Rs 4 lakh to Rs 8 lakh annually, which can go beyond Rs 30 lakhs for people with more than eight years of experience.

Bride-to-Be Torn Between Love, Lies, and Family Drama

Bride-to-Be Torn Between Love, Lies, and Family Drama

Rediff.com23 Apr 2025

rediffGURU Dr Upneet Kaur offers advice on how to identify red flags before committing to a marriage.

'Super spokesperson of BJP': Cong's Udit Raj slams Tharoor again

'Super spokesperson of BJP': Cong's Udit Raj slams Tharoor again

Rediff.com29 May 2025

Congress leader Udit Raj criticized party colleague Shashi Tharoor for his reported remarks that India breached the Line of Control (LoC) for the first time during the 2016 surgical strike on a terror base, saying he should be declared a "super spokesperson of the BJP". Raj argued that India had crossed the LoC in 1965 and 1971, and that the UPA government had also conducted surgical strikes. Tharoor had reportedly said that India breaching the LoC to conduct a surgical strike was "something we had not done before". This is not the first time Raj has criticized Tharoor for his comments on India-Pakistan relations. Last month, Raj had hit out at Tharoor for his reported "no country has 100-per cent foolproof intelligence" remarks, questioning how Tharoor could be giving the BJP a "clean chit" on the Pahalgam terror attack. Tharoor had hit back at Raj, saying the latter is a former BJP MP and "is better qualified to understand who speaks for the BJP".

Sun Pharma Q4 profit down 19% at Rs 2,149.8 cr, revenue up 8%

Sun Pharma Q4 profit down 19% at Rs 2,149.8 cr, revenue up 8%

Rediff.com23 May 2025

India's largest drug maker Sun Pharmaceutical on Thursday posted a decline of 19 per cent year-on-year (Y-o-Y) for its consolidated net profit for the fourth quarter of the financial year 2025 (Q4FY25) at Rs 2,149.8 crore. Meanwhile, its revenue from operations rose by 8 per cent at Rs 12,958.8 crore.

'Kareena Is The Opposite Of Jab We Met's Geet'

'Kareena Is The Opposite Of Jab We Met's Geet'

Rediff.com16 Jul 2025

'A director's actor, if I had told her to jump from a building, she would probably have.' 'But I only told her to jump off a running train...'

Somebody is finally exposing them: Trump attacks India

Somebody is finally exposing them: Trump attacks India

Rediff.com8 Mar 2025

United States President Donald Trump attacked India's tariffs regime, saying it is next to impossible to sell anything to India because of the 'high tariffs'.

As celebs start #ChaloKashmir, J-K tourism faces Rs 2000-cr hit

As celebs start #ChaloKashmir, J-K tourism faces Rs 2000-cr hit

Rediff.com28 Apr 2025

Kashmir tourism is staring at a loss of Rs 2000 crore with tourists pulling out in droves post the Pahalgam terror attack, and travel agents are pinning their hopes on social media by actors reverses the trend and brings back tourists to the Union territory.

Don't panic over US tariffs, Goyal tells exporters

Don't panic over US tariffs, Goyal tells exporters

Rediff.com9 Apr 2025

Amid the ongoing global tariff war, Commerce and Industry Minister Piyush Goyal on Wednesday asked exporters not to panic and assured them that India is working on the "right mix and right balance" in its proposed trade agreement with the US.

India's services sector grows at slowest pace in over 2 years in Jan

India's services sector grows at slowest pace in over 2 years in Jan

Rediff.com5 Feb 2025

India's services sector activity expanded at the slowest pace in over two years in January amid softer increases in sales and output, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell from 59.3 in December to 56.5 in January -- its lowest level since November. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

Will TDP, JD-U Toe BJP Line On Hindutva?

Will TDP, JD-U Toe BJP Line On Hindutva?

Rediff.com5 Jun 2024

The TDP and JD-U will have a lot to answer inside Parliament, day after day, session after session, notes N Sathiya Moorthy.

Four IPOs worth Rs 6600 to hit D-Street next week

Four IPOs worth Rs 6600 to hit D-Street next week

Rediff.com25 May 2025

The initial public offering (IPO) lane will be busy next week, with four main-line companies, including Leela Palaces Hotels & Resorts operator Schloss Bangalore Ltd and Aegis Vopak Terminals tapping the primary market to raise over Rs 6,600 crore collectively.

Zomato's parent Eternal Q4 net profit falls 78% to Rs 39 cr

Zomato's parent Eternal Q4 net profit falls 78% to Rs 39 cr

Rediff.com2 May 2025

Eternal (formerly known as Zomato) reported a net profit of Rs 39 crore for the fourth quarter of FY25, down 77.7 per cent year-on-year from Rs 175 crore in the same period a year ago. On a sequential basis, profit was also down 33.8 per cent from Rs 59 crore in the preceding quarter (Q3FY25).

India Inc's top line struggled but profit rose 25% in FY24

India Inc's top line struggled but profit rose 25% in FY24

Rediff.com17 Jun 2024

The post-Covid pandemic boom in corporate revenues appeared to have faded away in 2023-24. Yet, companies have reported a sharp recovery in their profits in FY24, driven by high margins. Their combined net sales, including gross interest income for lenders, rose by a modest 4.8 per cent year-on-year (Y-o-Y) in FY24.

Putin Is Back In Business!

Putin Is Back In Business!

Rediff.com13 Dec 2023

As Ukraine's President Volodymyr Zelenskyy was petitioning members of the United States Congress to pass a bill earmarking more US aid for his besieged country, Russian President Vladimir Putin attended a flag-raising ceremony for two nuclear-powered submarines, Krasnoyarsk and Emperor Alexander The Third, in the northern city of Severodvinsk, Russia.

BharatPe targets IPO in 18-24 months, Ebitda profitability in FY25

BharatPe targets IPO in 18-24 months, Ebitda profitability in FY25

Rediff.com15 Jan 2025

Fintech firm BharatPe is targeting an initial public offering (IPO) in the next 18-24 months with the company expecting profitability at an earnings before interest, taxes, depreciation and ammotisation (Ebitda) level for FY25, chief executive officer (CEO) Nalin Negi said.

PIX: Marc Marquez wins Qatar GP despite lap one collision

PIX: Marc Marquez wins Qatar GP despite lap one collision

Rediff.com14 Apr 2025

Ducati's Marc Marquez returned to the top step of the podium with victory at the Qatar Grand Prix on Sunday despite suffering damage to his bike in a collision with his brother Alex on the first lap.

L&T announces one-day paid menstrual leave

L&T announces one-day paid menstrual leave

Rediff.com6 Mar 2025

In a first for a major corporate house, engineering, procurement and construction major Larsen and Toubro on Thursday announced a one-day paid menstrual leave for women employees. The move will benefit about 5,000 women employees at the Mumbai-headquartered company.

RSS affiliate calls for sanctions, tourism boycott of Turkey

RSS affiliate calls for sanctions, tourism boycott of Turkey

Rediff.com14 May 2025

"It is shocking to note that Turkey, the second-largest arms supplier to Pakistan after China, has played a key role in modernising Pakistan's navy and enhancing its aerial warfare capabilities. "This defence collaboration is not just commercial; it is ideological, targeting the stability of South Asia and emboldening Pakistan's military adventurism," SJM national co-convenor Ashwini Mahajan said in a statement.

White collar hiring in March dips marginally by 1.4%

White collar hiring in March dips marginally by 1.4%

Rediff.com2 Apr 2025

Hiring trends in India's white-collar job market dipped marginally by 1.4 per cent in March compared to the same month last year, driven by a decline in recruitment in the retail, oil & gas, and education sectors, a report said on Wednesday.

'Everybody Is Scared'

'Everybody Is Scared'

Rediff.com15 Apr 2025

'We want to hide it (by saying) we are too busy in our lives, we have other things to attend to, we have families.' 'But they all had families, including Jyotiba or Mahatma Gandhi, or anybody who challenged the system.'

Skoda India gears up for EV play with local push

Skoda India gears up for EV play with local push

Rediff.com25 Apr 2025

Skoda Auto India, the Czech carmaker that has recently found success with its compact SUV Kylaq, says it remains committed to developing a fully localised electric vehicle (EV). The EV will be manufactured at its Chakan facility for both Indian market and exports.

'Scope for a further rate cut in this cycle itself, if...'

'Scope for a further rate cut in this cycle itself, if...'

Rediff.com4 Jul 2025

'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'