Search results for 'Financial Highlights'

Auto retail sales rose 6% in FY25; dealers optimistic about FY26

Auto retail sales rose 6% in FY25; dealers optimistic about FY26

Rediff.com7 Apr 2025

Automobile retail sales in India rose 6 per cent to 2,61,43,943 units in FY25 with rural areas performing better than urban regions across passenger vehicle and two-wheeler segments, dealers' body FADA said on Monday. The last financial year saw growth in sales of passenger vehicles, two-wheelers and three-wheelers.

Rana to finally face law in India; probe likely to expose larger plot

Rana to finally face law in India; probe likely to expose larger plot

Rediff.com10 Apr 2025

Tahawwur Hussain Rana, a Canadian national accused of involvement in the 2008 Mumbai terror attacks, has been extradited to India from the United States. Rana's interrogation is expected to shed light on the role of Pakistani state actors in the attacks, which claimed 166 lives. Indian authorities are particularly interested in his travels across India in the days leading up to the attacks, including visits to Hapur, Agra, Delhi, Kochi, Ahmedabad, and Mumbai. Rana's extradition follows a lengthy legal battle, with the US Supreme Court ultimately denying his application to challenge it. Rana is known to be associated with Pakistani-American terrorist David Coleman Headley, one of the main conspirators of the 26/11 attacks. The investigation into the Mumbai attacks has implicated senior members of terror outfits Lashkar-e-Taiba (LeT) and Harkat-ul Jihadi Islami (HuJI), as well as officials from Pakistan's Inter-Services Intelligence (ISI).

India May Gain From US Tariffs On China

India May Gain From US Tariffs On China

Rediff.com29 Mar 2025

'Reciprocal tariffs are not going to affect India except specific sectors and there are opportunities to capture.'

'Indian Markets Could Outperform'

'Indian Markets Could Outperform'

Rediff.com5 Apr 2025

'If the US stagnates and falls into a recession, the dollar will weaken, oil prices will also dip. This augurs well for India.'

Trump Tariffs: Time To Rejig Portolio

Trump Tariffs: Time To Rejig Portolio

Rediff.com4 Apr 2025

Investors should tilt their portfolios towards domestic-facing defensive sectors, which should help provide stability and shield them from geopolitical and tariff risks.

Equity MF inflows soar to near Rs 4 lakh cr in 2024

Equity MF inflows soar to near Rs 4 lakh cr in 2024

Rediff.com26 Jan 2025

Equity mutual funds witnessed a remarkable surge in inflows to nearly Rs 4 lakh crore in 2024, more than double the amount recorded in the preceding year, reflecting strong investor confidence and a continued shift towards long-term investing, particularly through Systematic Investment Plans (SIPs).

Most brokerages upbeat on Info Edge's outlook after strong Q3 results

Most brokerages upbeat on Info Edge's outlook after strong Q3 results

Rediff.com7 Feb 2025

Info Edge (India) topped expectations in its October-December quarter (Q3) results, posting strong revenue and profit growth. Its shares have rallied as much as 6.14 per cent in two days. The technology holding company's revenue rose 15.2 per cent year-on-year (Y-o-Y) to Rs 722.3 crore, driven by robust performance across its key verticals, particularly its recruitment business.

Is it time to buy or sell Delhivery shares?

Is it time to buy or sell Delhivery shares?

Rediff.com11 Feb 2025

Delhivery share price dropped 6.6 per cent to a low of ?295.8 per share on the BSE on Monday after analysts cut their earnings estimate on the stock, following weak results for the December quarter (Q3) of the current financial year (FY25). Q3 is a seasonally strong quarter due to festive pick-up in demand.

Here's how much Champions Trophy winners will get...

Here's how much Champions Trophy winners will get...

Rediff.com14 Feb 2025

The total prize pool has increased by an impressive 53 percent from the 2017 edition, reaching $6.9 million (Rs 57.3 crore).

'We'll Keep Fighting!'

'We'll Keep Fighting!'

Rediff.com10 Mar 2025

'Don't take people lightly. People know everything.'

'India one of the attractive markets for AI-led solutions'

'India one of the attractive markets for AI-led solutions'

Rediff.com16 Apr 2025

'The country is a good test bed for enterprise adoption, but to scale rapidly, companies will need to look outside the country for customers.'

'We Expect 1 Million Start Ups By 2035'

'We Expect 1 Million Start Ups By 2035'

Rediff.com13 Mar 2025

'Binary fission will happen -- startups will lead to more startups.'

Market Storm: Radhika Gupta's Advice for Investors

Market Storm: Radhika Gupta's Advice for Investors

Rediff.com16 Jan 2025

Gripped with fear as an investor following a 12 per cent market fall? Here's Radhika Gupta's advice to investors.

'ROI On An MBA Is Seriously Messed Up'

'ROI On An MBA Is Seriously Messed Up'

Rediff.com12 Mar 2025

Why has a Reddit user's post -- where the user warns that 'even an IIM tag won't save you' -- created a storm online?

Key takeaways from RBI's Monetary Policy

Key takeaways from RBI's Monetary Policy

Rediff.com6 Dec 2024

RBI cuts GDP growth projection to 6.6 per cent for current financial year, from earlier forecast of 7.2 per cent.

Bloodbath: 'Markets Can Fall Further From Here'

Bloodbath: 'Markets Can Fall Further From Here'

Rediff.com28 Feb 2025

As the Indian stock markets tumble under the panic set off by US President Donald Trump's tariff tantrums, three market experts weigh in on the reasons behind this fall, how much pain is left and how should investors adapt their strategies to invest in markets.

India's dominance hurts Test cricket: Chappell

India's dominance hurts Test cricket: Chappell

Rediff.com26 Jan 2025

Former Australia captain Ian Chappell has criticized the ICC, calling it an "event management company" and stating that financially stronger boards are dictating a self-serving schedule that harms Test cricket.

India-Belgium Defence Ties On Anvil

India-Belgium Defence Ties On Anvil

Rediff.com4 Mar 2025

India and Belgium on Monday explored potential defence engagements in the Indo-Pacific, particularly in the maritime domain, and discussed ways to strengthen defence industrial cooperation.

How US tariffs impact Indian IT services cos in near term

How US tariffs impact Indian IT services cos in near term

Rediff.com3 Apr 2025

Export-led Indian IT sector is not directly hit by Trump's tariff order on goods, but there could be worrisome indirect bearings on it arising out of possible slowdown in decision-making and GDP growth in America over higher tariffs, which may then cloud demand from specific verticals, according to some analysts.

US WHO Exit Won't Impact India: Experts

US WHO Exit Won't Impact India: Experts

Rediff.com22 Jan 2025

'Both international cooperation and self-reliance will now acquire new purpose.'

Brokerages upbeat on TCS after Q3 miss

Brokerages upbeat on TCS after Q3 miss

Rediff.com12 Jan 2025

Most global as well as domestic brokerages are upbeat on India's largest IT services provider, Tata Consultancy Services (TCS), despite its performance during the December quarter of FY25, when it missed Street estimates. On the bourses, the TCS share price rallied as much as 6.44 per cent to hit an intraday high of Rs 4,296.80 apiece, before settling 5.67 per cent higher at Rs 4,265.55.

India maintains high import duty on American goods: US report

India maintains high import duty on American goods: US report

Rediff.com1 Apr 2025

India maintains "high" import duties on a wide range of American goods such as agricultural items, drug formulations, and alcoholic beverages, besides imposing non-tariif barriers, a US report has said. A day before announcing reciprocal tariffs, the US Trade Representative (USTR) released the 2025 National Trade Estimate (NTE) Report on March 31.

Shoe pinches for most large footwear companies

Shoe pinches for most large footwear companies

Rediff.com11 Mar 2025

Footwear companies were among the weakest performers in the consumer discretionary sector during the October-December quarter (Q3) of 2024-25. The combined revenue growth of the top four listed firms was just 2.9 per cent year-on-year (Y-o-Y) - the lowest among major discretionary categories.

Exiting Markets Now Could Cost You

Exiting Markets Now Could Cost You

Rediff.com21 Apr 2025

Investors should avoid making drastic changes to their asset allocation during a market correction.

Before Buying Home, Consider This...

Before Buying Home, Consider This...

Rediff.com26 Dec 2024

'Consider your household's financial health and all your other goals.' 'Buying a house might seem like an urgent goal, but it is rarely the only one.'

HC upholds death for 5 Indian Mujahideen men in Hyderabad blast case

HC upholds death for 5 Indian Mujahideen men in Hyderabad blast case

Rediff.com9 Apr 2025

The Telangana High Court upheld a trial court's verdict handing out death penalty to five senior operatives of banned terror outfit, Indian Mujahideen, involved in a bomb blast that left 18 people killed in 2013. The court dismissed the criminal revision appeal filed by the IM operatives while upholding the NIA court's judgment. The five members, including IM co-founder Mohd Ahmed Sidibapa alias Yasin Bhatkal, Pakistani national Zia-ur-Rahman alias Waqas, Asadullah Akhtar alias Haddi, Tahaseen Akhtar alias Monu and Ajaz Shaikh, were convicted in 2016. The special court for NIA cases here awarded capital punishment to five convicts treating it as a rarest of the rare case. The high court, after conducting a detailed hearing in the appeals filed by the convicts, confirmed the death sentence of the five IM operatives.

IndiGo Q3 profit falls 18% to Rs 2,449 cr on forex loss

IndiGo Q3 profit falls 18% to Rs 2,449 cr on forex loss

Rediff.com24 Jan 2025

The country's largest airline IndiGo on Friday saw its profit after tax slide 18.3 per cent to Rs 2,448.8 crore in the three months ended December 2024 due to foreign exchange loss even as revenue jumped on higher capacity and passenger traffic. The carrier, which had a fleet of 437 planes at the end of December, is planning to induct wet leased planes for long range flights and expects the number of grounded aircraft to come down to 40s by the start of next financial year from the current level of 60s.

India, Sri Lanka to ink major defence pact 40 yrs after IPKF intervention

India, Sri Lanka to ink major defence pact 40 yrs after IPKF intervention

Rediff.com29 Mar 2025

The two sides are also likely to firm up a currency swap framework and seal several other agreements including one on debt restructuring following talks between Modi and Sri Lankan President Anura Kumara Disanayaka on April 5, people familiar with the matter said.

Will BJP give in to these demands of Bihar allies JD-U, LJP?

Will BJP give in to these demands of Bihar allies JD-U, LJP?

Rediff.com30 Jan 2025

The Janata Dal (United), an ally of the ruling Bharatiya Janata Party (BJP), has sought an extension in the tenure of the Joint Parliamentary Committee (JPC) scrutinising the bills proposing simultaneous elections. The party argued that the committee, which has only met once, requires more time for extensive consultations. Meanwhile, the Lok Janshakti Party (Ram Vilas), another BJP ally, has demanded a "special industrial package" for Bihar, highlighting the state's low per capita income compared to the national average.

What Gifts Did Naidu Bring Nirmalaji?

What Gifts Did Naidu Bring Nirmalaji?

Rediff.com6 Mar 2025

Andhra Pradesh Chief Minister Chandrababu Naidu showered gifts on Finance Minister Nirmala Sitharaman when he met her in New Delhi on Wednesday, March 5, 2025.

India Inc earns fat profits but wages have not kept pace

India Inc earns fat profits but wages have not kept pace

Rediff.com1 Feb 2025

Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.

Meet the boatman who made Rs 30 crore during Kumbh

Meet the boatman who made Rs 30 crore during Kumbh

Rediff.com5 Mar 2025

Inspired by the earnings of boat operators during the 2019 Ardh Kumbh, a boatman's family in Uttar Pradesh's Prayagraj took a bold entrepreneurial step during the recently concluded Mahakumbh Mela 2025, generating a staggering profit of Rs 30 crore.

Key highlights of G20 New Delhi Leaders' declaration

Key highlights of G20 New Delhi Leaders' declaration

Rediff.com9 Sep 2023

Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.

No safety net: Kashyap echoes Gopichand's warning

No safety net: Kashyap echoes Gopichand's warning

Rediff.com22 Feb 2025

Former Commonwealth Games champion Parupalli Kashyap has strongly supported Pullela Gopichand's recent comments about the challenges faced by middle-class families pursuing sports careers.

Mid & Smallcap SIPs: Hold Or Exit?

Mid & Smallcap SIPs: Hold Or Exit?

Rediff.com27 Feb 2025

Younger investors with long investment horizons may continue their SIPs.

Short-Duration Funds: Should You Invest?

Short-Duration Funds: Should You Invest?

Rediff.com31 Jan 2025

'They are ideal for short-term financial goals like children's education or a down payment for a house.' 'They are also useful for transitional savings, such as during job switches or while starting a business.'

BFI vs IOA: Why Indian boxing is in turmoil

BFI vs IOA: Why Indian boxing is in turmoil

Rediff.com25 Feb 2025

Abuse of power, financial misconduct, and the never-ending turf wars are now coming to light as Boxing Federation of India's officials jostle to escape blame for the shocking turn of events.

AI Boom Fuels Workforce Upskilling

AI Boom Fuels Workforce Upskilling

Rediff.com10 Dec 2024

55% Indians fear that their skills could become partially or fully obsolete within the next five years.

Catalyst behind defence sector stocks regaining ground

Catalyst behind defence sector stocks regaining ground

Rediff.com24 Mar 2025

After lagging behind the broader market over the past three and six months, defence sector stocks have regained ground, reversing their performance from the past month. Concerns about slowing order inflows, execution hurdles, supply chain disruptions, and high valuations had weighed on the sector.

Most brokerages lift targets for UltraTech Cement

Most brokerages lift targets for UltraTech Cement

Rediff.com26 Jan 2025

Although UltraTech Cement's results for the December quarter of the current financial year (Q3FY25) were not an improvement compared to Q3FY24, the company managed to surpass Street expectations. The company's profit attributable to the owners of the parent dropped 17.4 per cent year-on-year (Y-o-Y) to Rs 1,469.5 crore in Q3FY25 as against Rs 1,777 crore in Q3FY24.