Search results for 'Financials'

Tata Motors PV: Margin Pressures May Dampen Strong Volume Growth

Tata Motors PV: Margin Pressures May Dampen Strong Volume Growth

Rediff.com22 Aug 2026

Tata Motors Passenger Vehicles (TMPV) reported Q1FY27 results showing significant margin pressures at both Jaguar Land Rover (JLR) and its domestic operations, despite strong volume growth in the India business. Analysts expect these margin headwinds to persist, potentially offsetting gains from increased sales and new launches.

Crude price, US-Iran conflict to dictate market trends

Crude price, US-Iran conflict to dictate market trends

Rediff.com23 Aug 2026

Analysts predict that crude oil prices and the ongoing US-Iran conflict will be the primary drivers of stock market movements, with investors also closely watching the Jackson Hole symposium for cues on interest rates.

Ranchi Restaurateur Allegedly Dies By Suicide Due To Financial Strains

Ranchi Restaurateur Allegedly Dies By Suicide Due To Financial Strains

Rediff.com21 May 2026

A restaurateur in Ranchi, identified as Abhimanyu Bhatia, allegedly died by suicide due to financial strains. Police are investigating the circumstances surrounding his death after he consumed poison at his restaurant.

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

Rediff.com24 Aug 2026

A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.

Rajesh Exports shares hit lower circuit as Sebi bars CEO Rajesh Mehta over financial misrepresentation

Rajesh Exports shares hit lower circuit as Sebi bars CEO Rajesh Mehta over financial misrepresentation

Rediff.com4 Jun 2026

Shares of gems and jewellery firm Rajesh Exports Ltd dropped 5 per cent to hit the lower circuit limit after capital markets regulator Sebi barred its promoter and CEO Rajesh Mehta from dealing in the company's securities, alleging large-scale misrepresentation of financial statements and diversion of funds.

Banks Oppose Subhash Chandra Repayment Plan

Banks Oppose Subhash Chandra Repayment Plan

Rediff.com28 Aug 2026

'Resolution plan with this much haircut is totally unviable.'

Bullion set to shine next week as traders await US inflation data, Fed signals

Bullion set to shine next week as traders await US inflation data, Fed signals

Rediff.com23 Aug 2026

Gold and silver prices are expected to continue their upward trend next week, driven by anticipation of key US inflation data and Federal Reserve signals, though profit-booking may occur at higher levels.

AI drives demand for flexible office spaces as firms seek agility

AI drives demand for flexible office spaces as firms seek agility

Rediff.com21 Aug 2026

Artificial intelligence (AI) is significantly increasing the demand for flexible office spaces in India, as enterprises prioritise agility, speed-to-market, and struggle with forecasting workforce requirements. AI-native startups are a primary driver, while established companies are adopting 'core-plus-flex' strategies to balance stability with adaptability.

Carmakers ramp up production for festive season, but high base and inventory risks loom

Carmakers ramp up production for festive season, but high base and inventory risks loom

Rediff.com22 Aug 2026

Indian passenger vehicle manufacturers are significantly increasing production and stocking dealerships in anticipation of strong festival season demand, with new launches planned and supply bottlenecks being addressed. However, the industry faces potential moderation in growth during the second half of FY27 due to a high base from last year's post-GST surge, commodity inflation, and elevated inventory levels.

Delhi octogenarian's stolen phone cracks interstate cyber-fraud gang; 9 held

Delhi octogenarian's stolen phone cracks interstate cyber-fraud gang; 9 held

Rediff.com10 Aug 2026

A stolen mobile phone belonging to an 88-year-old man has helped the Delhi police unearth an interstate cyber-fraud syndicate allegedly operating through a three-stage network spread across Rajasthan and Uttar Pradesh, an officer said on Monday.

India's Forex Kitty Swells by $9.9 Billion to $716.9 Billion

India's Forex Kitty Swells by $9.9 Billion to $716.9 Billion

Rediff.com21 Aug 2026

India's foreign exchange reserves increased by $9.9 billion to $716.9 billion for the week ended August 14, as reported by the Reserve Bank of India (RBI). This surge follows a previous jump of $14.14 billion in the week prior, indicating a robust recovery after a period of decline earlier this year.

NCLT clears Subhash Chandra's Rs 6.5 crore payout for Rs 22,006 crore debt

NCLT clears Subhash Chandra's Rs 6.5 crore payout for Rs 22,006 crore debt

Rediff.com27 Aug 2026

The National Company Law Tribunal (NCLT) has approved a repayment plan for media baron Subhash Chandra, allowing him to settle admitted creditor claims of approximately Rs 22,006.57 crore by paying just Rs 6.5 crore, resulting in a nearly 99.97 per cent haircut for lenders.

Jio Prime Reintroduction Hints at Looming Tariff Hikes

Jio Prime Reintroduction Hints at Looming Tariff Hikes

Rediff.com26 Aug 2026

Reliance Jio's reintroduction of Jio Prime membership with a price lock until September 2027 and the retention of its entry-level daily unlimited data plan at ~299 rupees are seen by industry analysts as strong indicators of imminent tariff hikes across the Indian telecom sector.

Sebi streamlines FPI onboarding, allows digitally signed Power of Attorney

Sebi streamlines FPI onboarding, allows digitally signed Power of Attorney

Rediff.com20 Aug 2026

India's capital markets regulator, Sebi, has simplified the onboarding process for foreign portfolio investors (FPIs) by permitting them to submit a digitally signed Power of Attorney (PoA) to their custodians, eliminating the need for notarisation or apostillisation.

SBI Highlights RBI's 'Chalk and Cheese' Policy Signals, Creating Market Uncertainty

SBI Highlights RBI's 'Chalk and Cheese' Policy Signals, Creating Market Uncertainty

Rediff.com25 Aug 2026

State Bank of India's latest report highlights a 'chalk and cheese' divide in the Reserve Bank of India's recent policy communications, with the Monetary Policy Committee minutes showing a hawkish tone while the Governor's statements are more data-dependent, leading to market uncertainty regarding future interest rate hikes.

Gujarat hooch tragedy: 13 more arrested, face culpable homicide charges

Gujarat hooch tragedy: 13 more arrested, face culpable homicide charges

Rediff.com25 Aug 2026

Gujarat Police have arrested 13 additional individuals, including a man from Madhya Pradesh identified as Anand Chhandi, for their involvement in the Bhavnagar hooch tragedy that claimed 13 lives. Chhandi is accused of playing a significant role in manufacturing the methanol-laced spurious liquor and procuring chemicals, bringing the total arrests to 27.

Should You Invest In Balanced Hybrid Funds?

Should You Invest In Balanced Hybrid Funds?

Rediff.com27 Aug 2026

'Since the category has a limited track record, assess the fund manager's experience across equity and debt market cycles rather than relying only on past returns.'

NRI Deposit Inflows Drop 23% in Q1 FY27, RBI Data Reveals

NRI Deposit Inflows Drop 23% in Q1 FY27, RBI Data Reveals

Rediff.com26 Aug 2026

Inflows into non-resident Indian (NRI) deposit schemes decreased by 23.24 per cent to $2.78 billion during the first quarter of FY27, down from $3.61 billion in the previous year, according to Reserve Bank of India (RBI) data.

TCS And Google Cloud Unveil Gemini Experience Centre In Mexico City

TCS And Google Cloud Unveil Gemini Experience Centre In Mexico City

Rediff.com11 Aug 2026

Tata Consultancy Services (TCS) and Google Cloud have inaugurated a new Gemini Experience Center (GEC) in Mexico City. This facility, the second in Latin America and ninth globally for TCS, is equipped with over 3,000 AI agents and aims to drive industry-specific AI solutions across various sectors. It will help organisations bridge the gap between AI experimentation and implementation, enhancing innovation and data-driven decision-making in the region.

Supreme Court Orders CBI Probe into ED Allegations Against Former Indiabulls Housing Finance Promoter

Supreme Court Orders CBI Probe into ED Allegations Against Former Indiabulls Housing Finance Promoter

Rediff.com19 Aug 2026

The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Rediff.com13 Aug 2026

Manappuram Finance has announced the appointment of Ashish Singh as its new managing director and chief executive officer, effective January 1, 2027, marking a significant shift from its family-led governance structure.

JSW MG Motor India aims for 1 million vehicles, eyes fresh funding for expansion

JSW MG Motor India aims for 1 million vehicles, eyes fresh funding for expansion

Rediff.com27 Aug 2026

JSW Group and China's SAIC Motor are in discussions for the next round of capital support for JSW MG Motor India, aiming to expand manufacturing capacity beyond 220,000 units annually to an ambitious one million vehicles and broaden its new-energy vehicle (NEV) portfolio.

From borrowed rifle to Asian Games: Vidarsa K Vinod's journey of sacrifice and resilience

From borrowed rifle to Asian Games: Vidarsa K Vinod's journey of sacrifice and resilience

Rediff.com10 Aug 2026

Vidarsa K Vinod, a 27-year-old shooter from Kerala, has secured a spot in India's Asian Games squad for the 10m Air Rifle and 50m Rifle 3 Positions events, overcoming significant financial hurdles and training setbacks through resilience and family support.

Bank unions threaten strike on Sept 11 over 5-day banking

Bank unions threaten strike on Sept 11 over 5-day banking

Rediff.com24 Aug 2026

If the strike materialises, banking services, especially in public sector banks, would be impacted for four days in many parts of the country. September 11 is a Friday, and the subsequent two days are bank holidays.

US Moves to Regulate Crypto. What Will India Do?

US Moves to Regulate Crypto. What Will India Do?

Rediff.com19 Aug 2026

The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.

Gujarat hooch tragedy: Toll rises to 13 as two more die; 13 arrests so far

Gujarat hooch tragedy: Toll rises to 13 as two more die; 13 arrests so far

Rediff.com23 Aug 2026

The death toll due to the consumption of spurious liquor in Gujarat's Bhavnagar district went up to 13 on Sunday after two more victims succumbed during treatment, officials said.

Why Kerala's GI Handlooms Struggle Despite Recognition

Why Kerala's GI Handlooms Struggle Despite Recognition

Rediff.com22 Aug 2026

An independent study reveals that while Geographical Indication (GI) registration has boosted the identity of Kerala's traditional handloom products, it has not uniformly translated into economic benefits across weaving clusters. Challenges include an ageing artisan population, competition from powerloom products, rising raw material costs, and inadequate marketing.

Indian Para-Athletes Urgently Need Corporate Support And Permanent Jobs

Indian Para-Athletes Urgently Need Corporate Support And Permanent Jobs

Rediff.com6 Aug 2026

Commonwealth Games gold medallist Soman Rana has highlighted the critical need for increased corporate support and permanent jobs for Indian para-athletes. He stressed that financial security is vital for athletes to focus on training and achieve consistent international success, including at events like the Paralympics and Para Asian Games. His views were echoed by PCI president Devendra Jhajharia and M3M Foundation chairperson Payal Kanodia, who noted the growing recognition and support for the Paralympic movement in India.

NCERT, CBSE Face Major Staff Shortages

NCERT, CBSE Face Major Staff Shortages

Rediff.com15 Aug 2026

A parliamentary panel flagged staffing shortages at NCERT and CBSE, inadequate education spending, falling enrolment and poor internet connectivity in government schools.

AI training to free coaching: Modi's big youth push on I-Day

AI training to free coaching: Modi's big youth push on I-Day

Rediff.com15 Aug 2026

Prime Minister Narendra Modi has outlined a comprehensive plan to empower India's youth, including training one crore youngsters in artificial intelligence skills and providing free online coaching for competitive examinations, aiming to position them at the forefront of the nation's journey to become a developed nation by 2047.

Irdai's crackdown on insurer operating costs signals stricter compliance

Irdai's crackdown on insurer operating costs signals stricter compliance

Rediff.com24 Aug 2026

The Insurance Regulatory and Development Authority of India's (Irdai) recent actions against insurers for breaching expense of management (EoM) limits indicate a serious commitment to enforcing operating and distribution cost controls, according to industry experts.

Why Bank Frauds Keep Rising

Why Bank Frauds Keep Rising

Rediff.com7 Aug 2026

'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'

IPL Teams Pressuring Indian Players To Play Despite Injuries, Claims BCCI Source

IPL Teams Pressuring Indian Players To Play Despite Injuries, Claims BCCI Source

Rediff.com9 Aug 2026

A source at the BCCI's Centre of Excellence (CoE) in Bengaluru has expressed significant concerns regarding players competing in the Indian Premier League while injured, attributing this to franchise and financial pressures, which subsequently complicates their rehabilitation and return to international cricket.

Govt sought removal of 2.44 lakh URLs in five months

Govt sought removal of 2.44 lakh URLs in five months

Rediff.com20 Aug 2026

Government departments requested social media platforms to remove 2.44 lakh pieces of content between March and July, with states initiating 82% of these requests. The IT Intermediaries Rules 2021 were amended to reduce takedown time to three hours. The PIB Fact Check unit clarified its role in content moderation, refuting claims of automated blocking by Meta and emphasising the need to address lawlessness in cyberspace.

Missed Filing Income Tax Return? Read This

Missed Filing Income Tax Return? Read This

Rediff.com12 Aug 2026

A delayed ITR could prompt greater scrutiny, document requests or processing delays.

Indian envoy defends FCRA bill after US lawmaker flags concerns

Indian envoy defends FCRA bill after US lawmaker flags concerns

Rediff.com10 Aug 2026

India's Ambassador to the US, Vinay Mohan Kwatra, has clarified that the recent amendments to the Foreign Contribution (Regulation) Act (FCRA) are primarily aimed at enhancing transparency and ensuring accountability in foreign financial flows.

Voltas' New JV to Boost Localisation, Margin Trajectory Key for Future Growth

Voltas' New JV to Boost Localisation, Margin Trajectory Key for Future Growth

Rediff.com25 Aug 2026

Voltas has announced a joint venture with Atomberg Innovation to manufacture high-efficiency room air conditioner (RAC) compressors, aiming to strengthen localisation and supply-chain resilience. Despite significant volume growth in RACs, the company's margins remain a key concern for analysts.

Sensex, Nifty Dip as Banks, Elevated Crude Oil Prices Weigh on Sentiment

Sensex, Nifty Dip as Banks, Elevated Crude Oil Prices Weigh on Sentiment

Rediff.com7 Aug 2026

Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a downturn in banking and financial stocks, coupled with crude oil prices remaining above USD 80 per barrel. Geopolitical uncertainties and new regulatory proposals for the non-bank lending sector also contributed to cautious investor sentiment.

Satyendar Jain says his arrest linked to Punjab polls

Satyendar Jain says his arrest linked to Punjab polls

Rediff.com19 Aug 2026

Former Delhi minister Satyendar Jain has been arrested by the Anti-Corruption Branch (ACB) in connection with an alleged corruption case involving the tendering process for sewage treatment plant projects of the Delhi Jal Board (DJB). Jain claims the arrest is politically motivated, linking it to the upcoming Punjab Assembly polls. Five other individuals, including a former DJB CEO, were also arrested in the case, which alleges irregularities and favouritism in tender conditions.

Why Start-up Employees May Retire Poor

Why Start-up Employees May Retire Poor

Rediff.com4 Aug 2026

An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.