Search results for 'Dominic Xavier'

Persistent's premium valuations hinge on sustaining growth momentum

Persistent's premium valuations hinge on sustaining growth momentum

Rediff.com29 Oct 2025

The stock of mid-tier information technology (IT) major Persistent Systems has been one of the outperformers in the IT pack with a return of 5.3 per cent over the last year, while its peer index, the Nifty IT, is down 16.2 per cent over the same period. The strong September quarter (Q2FY26) result and upgrades by brokerages are positive but its ability to sustain growth momentum in a weak macroeconomic environment will be key for future gains. At the current levels, the stock is trading at a premium valuation of 38 times its FY27 earnings estimates.

India's Housing Finance Sector Hits Home Run

India's Housing Finance Sector Hits Home Run

Rediff.com29 Oct 2025

India's housing finance sector is riding a wave of post-pandemic revival, driven by policy support, digital innovation, and growing demand from younger homebuyers in emerging cities.

GLAS Trust's claims: Byju Raveendran to file for $2.5 bn damages

GLAS Trust's claims: Byju Raveendran to file for $2.5 bn damages

Rediff.com27 Nov 2025

Byju's founder Byju Raveendran is preparing to file a $2.5 billion damages claim, alongside new evidence in a US court that he says disproves GLAS Trust's allegations that $533 million in 'Alpha Funds' was diverted by the company's founders.

Less than one-third of new-age Indian IPOs beat market benchmarks: Report

Less than one-third of new-age Indian IPOs beat market benchmarks: Report

Rediff.com14 Aug 2025

India's 25 venture capital and private equity backed "new-age" companies, that listed between May 2020 and June 2025, reveals a sobering reality behind the hype: barely a third have delivered sustained outperformance against the market.

Texas man held for shooting Indian student at gas station

Texas man held for shooting Indian student at gas station

Rediff.com7 Oct 2025

A 23-year-old man has been arrested for the murder of an Indian student at a gas station in Fort Worth, Texas. The incident has sparked outrage and fear within the Indian-American community, highlighting safety concerns for international students in the US.

Blue and grey-collar salaries in India rise 23% in two years

Blue and grey-collar salaries in India rise 23% in two years

Rediff.com30 Sep 2025

The salaries of India's blue- and grey-collar workforce have increased by 23 per cent over the past two years, reflecting the growing demand and opportunities for the skilled workforce, a report said on Tuesday.

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Rediff.com30 Sep 2025

Tata Capital is set to launch India's largest ever initial public offering (IPO) by a non-banking financial company (NBFC), valuing the Tata group firm at Rs 1.38 trillion. This will make the company India's fifth-most-valued NBFC after Bajaj Finance (Rs 6.12 trillion), Bajaj Finserv (Rs 3.2 trillion), Jio Financial Services (Rs 1.87 trillion), and IRFC (Rs 1.59 trillion).

Want To Invest In Manufacturing Funds?

Want To Invest In Manufacturing Funds?

Rediff.com3 Nov 2025

'They are a poor fit for anyone with near-term goals, low volatility tolerance, or a need for steady income or liquidity.' 'First-time investors should typically avoid them.'

Virat Kohli, India's No.1 Celebrity Brand

Virat Kohli, India's No.1 Celebrity Brand

Rediff.com25 Sep 2025

Virat Kohli retained his crown as India's most valued celebrity brand, extending his unmatched dominance across sports and business, followed by Ranveer Singh and Shah Rukh Khan.

Stock markets close higher on buying in Reliance, HDFC Bank

Stock markets close higher on buying in Reliance, HDFC Bank

Rediff.com1 Jul 2025

Benchmark stock indices Sensex and Nifty closed higher in a range-bound trade on Tuesday following gains in Reliance Industries and HDFC Bank. The 30-share BSE Sensex rose by 90.83 points or 0.11 per cent to settle at 83,697.29 with 13 of its constituents closing higher and 17 in the red.

India@79: Rising Economy, Lingering Gaps

India@79: Rising Economy, Lingering Gaps

Rediff.com20 Aug 2025

India is set to become the world's fourth-largest economy in 2025, but slow income growth, lack of structural change, and rising inequality highlight the gap between progress and real transformation.

'To Avoid Liquidity Risks, You Must Have A Meaningful Presence In Equities'

'To Avoid Liquidity Risks, You Must Have A Meaningful Presence In Equities'

Rediff.com17 Oct 2025

'Equities may not outperform every year, but if they do so seven times out of 10, it's an asset class worth relying on.'

US tariffs: Must stand up to bullying, says Maruti's Bhargava

US tariffs: Must stand up to bullying, says Maruti's Bhargava

Rediff.com28 Aug 2025

India needs to come together to deal with the 50 per cent punitive US tariffs on Indian products and stand up to any kind of bullying, Maruti Suzuki India chairman R C Bhargava said on Thursday. "It is our duty as Indians to do our very best to promote and maintain our dignity and respect and not give in to any kind of bullying in this matter... the nation has to stand united," Bhargava said at the company's 44th Annaul General Meeting in New Delhi.

Fundraiser for Indian man beheaded in US raises $200,000

Fundraiser for Indian man beheaded in US raises $200,000

Rediff.com13 Sep 2025

A fundraiser launched to support Nagamallaiah's wife, Nisha, and 18-year-old son, Gaurav - who witnessed the attack - has raised nearly $200,000, at last reckoning, to help cover funeral expenses and Gaurav's college education.

Trump slaps 100% tariffs on imported pharma products

Trump slaps 100% tariffs on imported pharma products

Rediff.com26 Sep 2025

United States President Donald Trump on Friday announced that his administration will impose a 100 per cent tariff on branded and patented pharmaceutical products beginning October 1, 2025, unless the manufacturing companies are building production facilities in the US.

18% slab to contribute lion's share of GST revenue

18% slab to contribute lion's share of GST revenue

Rediff.com18 Aug 2025

The 18 per cent tax slab is expected to remain the major contributor to GST revenues if the Centre's proposal for a two-tier GST structure and a special 40 per cent rate is implemented, according to a source. At present, the Goods and Services Tax (GST) follows a four-tier structure with rates of 5 per cent, 12, 18, and 28 per cent.

Rupee weakens 3.7% in H1FY26, hits fresh lows on US tariffs, outflows

Rupee weakens 3.7% in H1FY26, hits fresh lows on US tariffs, outflows

Rediff.com1 Oct 2025

The rupee continued to face pressure in the first half of the current financial year (FY26), hitting fresh lows against the dollar, due to strengthening of the greenback, rising crude oil prices, and foreign outflows. Rupee has depreciated by 3.7 per cent so far in the current financial year after starting at a good note in April.

West Indies crumble again as Aussies dominate

West Indies crumble again as Aussies dominate

Rediff.com27 Jul 2025

Australia claimed a three-wicket victory over the West Indies in the fourth Twenty20 international on Saturday

Developers could buck housing slowdown in Q2

Developers could buck housing slowdown in Q2

Rediff.com22 Oct 2025

Top real estate developers are expected to report improved earnings and resilient presales growth, even as overall housing sales across major Indian cities declined during the July-September quarter (Q2) of 2025-26. The anticipated earnings growth in what is typically a subdued quarter is credited to steady sustenance sales, improved collections, the strong positioning of listed developers, and sustained demand for premium homes.

Tata Capital, LG to launch IPOs worth over Rs 27,000 crore

Tata Capital, LG to launch IPOs worth over Rs 27,000 crore

Rediff.com5 Oct 2025

The primary market is set for a busy week as two major companies, Tata Capital Ltd and LG Electronics India Ltd, gear up to launch their initial public offerings (IPOs), collectively worth more than Rs 27,000 crore.

Jane Street Now Under CBDT Scanner

Jane Street Now Under CBDT Scanner

Rediff.com24 Sep 2025

The CBDT is investigating Jane Street for possibly misusing the India-Singapore tax treaty.

Do Instagram Followers Matter In An Arranged Marriage?

Do Instagram Followers Matter In An Arranged Marriage?

Rediff.com14 Oct 2025

Your partner's Instagram follower count is not a red flag in itself, says rediffGURU Ravi Mittal, CEO, Quack Quack, an online dating website.

'Wife Plays Candy Crush With Random Men'

'Wife Plays Candy Crush With Random Men'

Rediff.com3 Sep 2025

rediffGURU Anu Krishna, mind coach and co-founder of Unfear Changemakers, suggests how you can have a clear conversation about unmet needs in a relationship.

76-yr-old retiree dies of heart attack after 3-day digital arrest

76-yr-old retiree dies of heart attack after 3-day digital arrest

Rediff.com17 Sep 2025

The accused, who duped the woman of Rs 6.60 lakh during the ordeal between September 5 and 8, continued to send messages even after her death on September 8.

In Love With Two Men. How To Choose The Right One?

In Love With Two Men. How To Choose The Right One?

Rediff.com29 Sep 2025

rediffGURU Ravi Mittal, CEO of QuackQuack, answers your questions about dating and relationships.

13 Unique Phrases Only Used In India

13 Unique Phrases Only Used In India

Rediff.com21 Feb 2025

We Indians have a whole dictionary of our own quaint, cute expressions that are not used anywhere else in the wide world, because we are like that only. Do you know them?

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com24 Aug 2025

Indication of a potential US Federal Reserve rate cut may trigger optimism in the domestic equity market, with investors' attention shifting to the looming deadline for additional US tariffs on Indian goods in a holiday-shortened week ahead, analysts said.

Indian REITs Outshine Global Peers With 6-7% Yields

Indian REITs Outshine Global Peers With 6-7% Yields

Rediff.com16 Sep 2025

Since the first Reit listing in 2019, the sector has grown to a market capitalisation of about $18 billion as of August 2025, and is projected to cross $25 billion by 2030.

MFs ease exit load to attract investors

MFs ease exit load to attract investors

Rediff.com3 Oct 2025

The competitive intensity in the mutual fund (MF) industry is moving beyond scheme performance, cost structures, and distribution. In recent months, several fund houses have rationalised exit loads applicable on redemptions.

AHPI, Star Health in spat over cashless service

AHPI, Star Health in spat over cashless service

Rediff.com15 Sep 2025

If cashless services are suspended, AHPI said, its member hospitals will continue to treat Star Health policyholders, but patients will have to pay upfront and later seek reimbursements directly from the insurer.

Refused sex, Mumbai man tries to set wife ablaze

Refused sex, Mumbai man tries to set wife ablaze

Rediff.com1 Jun 2025

A 46-year-old man was arrested for allegedly setting his wife ablaze and leaving her with severe burn injuries following an argument in Mumbai's Chembur area, a police official said on Saturday.

'Husband Cheated On Me With My Best Friend'

'Husband Cheated On Me With My Best Friend'

Rediff.com22 Aug 2025

rediffGURU Anu Krishna tells you how to deal with your emotions when you feel betrayed by your own.

'Govt Has Executed A Commendable Task'

'Govt Has Executed A Commendable Task'

Rediff.com5 Dec 2025

'...not merely in managing fiscal mathematics, but in demonstrating conservatism and prudence within that framework.' 'Looking forward, we believe sufficient growth drivers exist -- ranging from government reforms to revival in consumption to favourable monsoons. Numerous factors support the Indian economy.'

Why India Is Warming Up To Reits

Why India Is Warming Up To Reits

Rediff.com18 Nov 2025

Currently, India has five publicly listed Reits: Brookfield India Real Estate Trust, Embassy Office Parks Reit, Mindspace Business Parks Reit Nexus Select Trust, and Knowledge Realty Trust.

Jharkhand woman murders husband, buries body in home

Jharkhand woman murders husband, buries body in home

Rediff.com6 Sep 2025

A woman in Jharkhand, India, has been arrested for allegedly murdering her husband and burying his body inside their home. She confessed to the crime after relatives and neighbors grew suspicious.

'China Is Competing In A Space Where India Was Dominant'

'China Is Competing In A Space Where India Was Dominant'

Rediff.com19 Aug 2025

'These efforts by Beijing can be weaponised one day with economic, security and political implications for India.'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com11 Aug 2025

Stock markets will be driven by inflation data, trade-related news, earnings and trading activity of foreign investors in a holiday-shortened week, analysts said on Sunday. Global market trends will also influence trading sentiment this week, they added.

At least 2 Indian banks should be in global top 20: PSB chiefs

At least 2 Indian banks should be in global top 20: PSB chiefs

Rediff.com30 Oct 2025

Batting for further consolidation in public sector banking, the executives of top public sector banks (PSBs) said there should be at least two Indian banking entities among the top 20 global banks.

'Rising loan appeal hits corporate bond market's momentum'

'Rising loan appeal hits corporate bond market's momentum'

Rediff.com30 Oct 2025

India's corporate bond market, driven by public sector undertaking (PSU) banks and financial institutions last year, is losing momentum since the second quarter of FY26.

'My Father Refuses to Talk to My Grandparents'

'My Father Refuses to Talk to My Grandparents'

Rediff.com17 Oct 2025

rediffGURU Anu Krishna, a mind coach and co-founder of Unfear Changemakers, suggests how to deal with the emotional strain that arises from unresolved conflicts in a relationship.