Search results for 'SALES'

Parth firm will need to pay Rs 42 cr to scrap land deal

Parth firm will need to pay Rs 42 cr to scrap land deal

Rediff.com8 Nov 2025

After Maharashtra Deputy Chief Minister Ajit Pawar announced that the sale deed executed by his son Parth's firm for a prime land in Pune has been scrapped, officials said the company will have to cough up double the stamp duty, which comes to Rs 42 crore, to get the transaction cancelled.

Pickup in private capex critical for more gains in Siemens

Pickup in private capex critical for more gains in Siemens

Rediff.com25 Nov 2025

Even as the results of Siemens for the second quarter of 2025-26 (Q2FY26) were a mixed bag, the stock was the top gainer in the BSE 200 index, rising 4.92 per cent in trade. Most brokerages are neutral or positive on the company.

Mahindra & Mahindra Q2 profit rises 28% on strong farm sector growth

Mahindra & Mahindra Q2 profit rises 28% on strong farm sector growth

Rediff.com5 Nov 2025

Mahindra & Mahindra on Tuesday posted a 28 per cent year-on-year increase in its consolidated profit after tax to Rs 3,673 crore for the second quarter ended September 30, 2025, driven by robust performance of the farm sector, while also seeing the impact of the GST transition on the auto sector. The company reported a profit after tax (PAT) of Rs 2,867 crore for the July-September period of the last fiscal.

UP lawyer lured sons to kill their parents, all 4 arrested: Police

UP lawyer lured sons to kill their parents, all 4 arrested: Police

Rediff.com28 Nov 2025

A lawyer in Shravasti, Uttar Pradesh, is accused of masterminding the murder of a couple after fraudulently acquiring their shops and manipulating their sons into committing the crime.

Non-veg food vendors assaulted at Gita recital in Kolkata, Mamata fumes

Non-veg food vendors assaulted at Gita recital in Kolkata, Mamata fumes

Rediff.com11 Dec 2025

West Bengal Chief Minister Mamata Banerjee criticized the BJP following an assault on food vendors at a Bhagavad Gita recital event in Kolkata, asserting that the state would not tolerate intimidation, communal division, or attempts to dictate dietary choices. She vowed stringent action against those responsible and accused the BJP of trying to import a culture of communal division and weaponize religious texts for political mobilization.

Govt makes Sanchar Saathi app mandatory on all new handsets

Govt makes Sanchar Saathi app mandatory on all new handsets

Rediff.com1 Dec 2025

According to the direction dated November 28, all mobile phones that will be manufactured in India or imported after 90 days from the date of issuing of the order will need to have the app.

How Quick Commerce Is Reshaping Festive Gifting

How Quick Commerce Is Reshaping Festive Gifting

Rediff.com22 Oct 2025

India's gifting market is seeing its biggest festive season yet, with sales through quick commerce platforms like Zepto, Blinkit and Instamart jumping 40%-50% year-on-year.

Jio-Facebook deal: SC rejects RIL's plea against SAT order

Jio-Facebook deal: SC rejects RIL's plea against SAT order

Rediff.com2 Dec 2025

The Supreme Court on Tuesday dismissed an appeal of Reliance Industries Limited and two of its officials against a decision of the Securities Appellate Tribunal, which had upheld a penalty imposed by markets regulator Sebi for not making prompt clarification to stock exchange about the Jio-Facebook deal.

Apple won't preload Sanchar Saathi app on iPhones: Report

Apple won't preload Sanchar Saathi app on iPhones: Report

Rediff.com2 Dec 2025

Apple does not plan to comply with the mandate to preload mobile handsets with the 'Sanchar Saathi' app and will convey its concerns before the Indian government, Reuters reported on Tuesday, citing three unnamed sources.

Titan Q2 profit up 59% to Rs 1,120 cr

Titan Q2 profit up 59% to Rs 1,120 cr

Rediff.com3 Nov 2025

Leading jewellery and watchmaker Titan on Monday reported an increase of 59 per cent in consolidated net profit at Rs 1,120 crore for the September quarter of FY26.

Telecalling Jobs Grow, Sales Jobs Decline

Telecalling Jobs Grow, Sales Jobs Decline

Rediff.com26 Mar 2025

Traditional field sales are losing ground, with job postings declining except in Tier III and IV cities.

Why OTT Wants To Dub South Films

Why OTT Wants To Dub South Films

Rediff.com8 Dec 2025

'For OTT platforms, securing dubbed rights often makes greater business sense, enabling them to serve diverse regional audiences more effectively.'

India key market for future growth, along with US, Japan: Honda

India key market for future growth, along with US, Japan: Honda

Rediff.com29 Oct 2025

Japanese auto major Honda considers India a key market for its future growth alongside the US and Japan, according to Honda Cars India President and CEO Takashi Nakajima. The Tokyo-headquartered automaker, which operates in India through a wholly owned subsidiary, plans to drive in more SUVs in the country, as the segment continues to see robust sales across varied price points.

Maha scraps controversial land deal involving Ajit Pawar's son

Maha scraps controversial land deal involving Ajit Pawar's son

Rediff.com7 Nov 2025

Maharashtra Deputy Chief Minister Ajit Pawar says his son Parth was unaware that the land his company purchased in Pune belonged to the government. The controversial transaction has been cancelled, and a probe has been ordered.

Affordable homes lag but premium, luxury segment booms

Affordable homes lag but premium, luxury segment booms

Rediff.com18 Nov 2025

'The momentum is driven by rising affluence, strong demand from HNIs (high net worth individuals) and NRIs (non-resident Indians), an increased appetite for larger, well-located homes by branded developers, and support from the economy.'

HUL Q1 profit rises 6% to Rs 2,768 cr, sales up 5%

HUL Q1 profit rises 6% to Rs 2,768 cr, sales up 5%

Rediff.com31 Jul 2025

FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a 5.97 per cent rise in its consolidated net profit to Rs 2,768 crore for the June quarter of FY26, helped by gains from a re-estimation of taxes paid in the previous year. The company had logged a net profit of Rs 2,612 crore in the April-June quarter a year ago, according to a regulatory filing from HUL, the maker of popular brands as Dove, Lifebuoy, Lux, Lakm, and Sunsilk.

Indian-origin couple in Australia lose home for enslaving woman

Indian-origin couple in Australia lose home for enslaving woman

Rediff.com8 Nov 2025

An Indian-origin couple currently serving jail terms in Australia for enslaving a woman for eight years has been slapped with a fresh penalty and ordered to forfeit the proceeds from the sale of their home, police said.

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Rediff.com13 Oct 2025

After three straight quarters of decline, India's housing market is pinning hopes on the ongoing festival season to revive sales momentum. While 2025 may still end with sales volumes below 2024 levels, developers believe the seasonally strong October-December quarter could narrow the gap, aided by stable interest rates, festive incentives, and resilient demand in the premium segment.

'Won't tolerate wrongdoings': Ajit Pawar on 'land scam' involving son

'Won't tolerate wrongdoings': Ajit Pawar on 'land scam' involving son

Rediff.com7 Nov 2025

Maharashtra Deputy Chief Minister Ajit Pawar has said that he has no connection with the alleged multi-crore land deal in Pune involving his son, Parth Pawar.

Allowing green firecrackers in NCR on test case basis, says SC

Allowing green firecrackers in NCR on test case basis, says SC

Rediff.com15 Oct 2025

The Supreme Court issued interim directions permitting the sale and bursting of green firecrackers in Delhi and the National Capital Region (NCR) during Diwali, outlining specific rules and restrictions.

Delhi blast: Security tightened for India vs SA Test in Kolkata

Delhi blast: Security tightened for India vs SA Test in Kolkata

Rediff.com11 Nov 2025

Delhi blast: Heightened security in Kolkata ahead of India-South Africa Test

IPOs increasingly becoming exit vehicles for early investors: CEA

IPOs increasingly becoming exit vehicles for early investors: CEA

Rediff.com21 Nov 2025

India's equity markets may have expanded rapidly, but initial public offerings (IPOs) are increasingly becoming exit vehicles for early investors rather than as engines for raising long-term capital, a shift that undermines the spirit of public markets, Chief Economic Advisor V Anantha Nageswaran warned on Monday at a CII event.

Pawar land deal: Tehsildar issued order to evict BSI

Pawar land deal: Tehsildar issued order to evict BSI

Rediff.com10 Nov 2025

Days after the controversial 40-acre Pune land deal by a firm linked to Maharashtra Deputy Chief Minister Ajit Pawar's son, a now-suspended tehsildar issued an eviction notice to the Botanical Survey of India (BSI), a long-standing tenant on the property

Skoda to drive in more global models into India

Skoda to drive in more global models into India

Rediff.com9 Nov 2025

Czech carmaker Skoda plans to bring more of its global nameplates into the Indian market as it looks to cater to a diverse set of customers, according to a senior company executive. The company, which now sells products in India ranging from over Rs 7 lakh to upwards of Rs 40 lakh, however, has no immediate plans to introduce electric cars in the country.

Housing Sales Drop 28%

Housing Sales Drop 28%

Rediff.com28 Mar 2025

Average residential property prices in seven cities increased 10% to 34% due to new supplies in the luxury and ultra-luxury segments and overall demand.

Fresh FIR against Partha Pawar's biz partner in Pune land deal row

Fresh FIR against Partha Pawar's biz partner in Pune land deal row

Rediff.com7 Nov 2025

Another FIR has been registered against Digvijay Patil, business partner of Maharashtra deputy Chief Minister Ajit Pawar's son, in connection with a land deal case. The FIR involves allegations of misappropriation, cheating, and forgery.

Despite odds, Maruti, Mahindra saw sales momentum in April

Despite odds, Maruti, Mahindra saw sales momentum in April

Rediff.com2 May 2025

Amid challenging market environment, Maruti Suzuki India and Mahindra & Mahindra reported an increase in vehicle dispatches to dealers last month while Tata Motors and Hyundai saw a year-on-year drop in sales.

Govt plans to levy excise duty on tobacco, cess on pan masala

Govt plans to levy excise duty on tobacco, cess on pan masala

Rediff.com1 Dec 2025

Finance Minister Nirmala Sitharaman on Monday introduced two bills in the Lok Sabha to levy excise duty on tobacco and tobacco products, and a new cess on manufacturing of pan masala, which will replace the GST compensation cess on such sin goods.

India needs world-class banks; in talks with RBI, lenders: Sitharaman

India needs world-class banks; in talks with RBI, lenders: Sitharaman

Rediff.com6 Nov 2025

Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank and lenders in this regard.

Father of Delhi blast accused detained in J-K, DNA test for mother

Father of Delhi blast accused detained in J-K, DNA test for mother

Rediff.com11 Nov 2025

Dr Umar Nabi was allegedly driving the Hyundai i20 car that was used in the blast near the parking area of the Red Fort Metro Station on Monday, killing at least 12 people. He hails from Koil village in Pulwama, they said.

3 key factors that helped India's manufacturing sector grow in Oct

3 key factors that helped India's manufacturing sector grow in Oct

Rediff.com3 Nov 2025

India's manufacturing sector activity strengthened in October, buoyed by Goods and Services Tax relief, productivity gains and tech investment, even as international sales rose at a weaker pace, a monthly survey said on Monday.

Nestle's Q2 profit slips 17.4% to Rs 743 cr

Nestle's Q2 profit slips 17.4% to Rs 743 cr

Rediff.com16 Oct 2025

FMCG major Nestle India Ltd on Thursday reported a 17.37 per cent decline in consolidated net profit to Rs 743.17 crore for the September 2025 quarter.

Importers rush to hedge while exporters wait on sidelines amid rupee dip

Importers rush to hedge while exporters wait on sidelines amid rupee dip

Rediff.com5 Dec 2025

Importers are rushing to hedge their dollar positions amid the sharp depreciation of the rupee against the American currency and expectations of further volatility even as exporters are holding off after suffering mark-to-market (MTM) losses on earlier hedges.

Sensex jumps 1,022.50 points; Nifty inches near record high

Sensex jumps 1,022.50 points; Nifty inches near record high

Rediff.com26 Nov 2025

Among Sensex firms, Bajaj Finserv, Bajaj Finance, Tata Steel, Reliance Industries, Sun Pharma, Tata Motors Passenger Vehicles, Axis Bank and Infosys were among the major gainers. Bharti Airtel and Asian Paints emerged as the laggards from the pack.

Simone Tata: The Vision Behind Lakm

Simone Tata: The Vision Behind Lakm

Rediff.com6 Dec 2025

In a country where wearing lipstick could still invite disapproval, Simone Tata understood that Lakmé's future depended on shifting attitudes.

Hyundai Shifts Focus to Exports As Sales Slow Down

Hyundai Shifts Focus to Exports As Sales Slow Down

Rediff.com29 May 2025

Hyundai aims to raise exports to 30% of output by FY30 as domestic sales slow; six EVs among 26 product launches planned as part of long-term growth strategy.

SC to hear review plea in ISKCON Bengaluru temple case

SC to hear review plea in ISKCON Bengaluru temple case

Rediff.com3 Dec 2025

The Supreme Court has agreed to hear a review petition filed by ISKCON India regarding the ownership of the Hare Krishna temple in Bengaluru, reopening a long-standing legal dispute with the Bengaluru faction of ISKCON.

Do RERA Check Before You Buy A Home

Do RERA Check Before You Buy A Home

Rediff.com19 Nov 2025

Before booking a flat, buyers should confirm that the project is registered with the state's Rera portal.

Indian Hotels Q2 net rises 15%, excluding one-off gain of 2024

Indian Hotels Q2 net rises 15%, excluding one-off gain of 2024

Rediff.com5 Nov 2025

Indian Hotels Company Ltd (IHCL) net profit rose 15 per cent in the second quarter after excluding the one-off exceptional gain of Rs 307 crore in the previous year. Net profit fell 45 per cent when compared with the previous year's earnings after including a one-off gain.

Market sentiments likely to remain constructive: Analysts

Market sentiments likely to remain constructive: Analysts

Rediff.com5 Nov 2025

Stock market sentiment is likely to remain optimistic going ahead, though some consolidation cannot be ruled out after the recent sharp rally in the benchmarks, analysts said. According to experts, the Nifty and Sensex could indeed move towards new record highs before the end of the year, if global cues stay supportive, crude oil prices remain benign and there is continued domestic earnings momentum.