Search results for 'profit'

'95-96 To A Dollar Is Not A Healthy Sign At All'

'95-96 To A Dollar Is Not A Healthy Sign At All'

Rediff.com20 May 2026

'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'

Jharkhand: Traffickers Arrested, Minors Rescued At Railway Station

Jharkhand: Traffickers Arrested, Minors Rescued At Railway Station

Rediff.com5 May 2026

Police in Sahibganj, Jharkhand, rescued multiple minors from suspected trafficking operations at a railway station, arresting two individuals and placing the children under protective custody.

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

Rediff.com21 Apr 2026

Companies listed on the National Stock Exchange (NSE) main board increased their Corporate Social Responsibility (CSR) expenditure by 23 per cent year-on-year to Rs 22,212 crore in 2024-25 (FY25), driven by a significant jump in average net profits, according to a PRIME Database Group report.

US shuts India-based call centre defrauding elderly Americans

US shuts India-based call centre defrauding elderly Americans

Rediff.com21 May 2026

US authorities have shut down an India-based call centre operation that allegedly defrauded hundreds of elderly Americans of millions of dollars through tech support scams, following a years-long investigation.

French Open: Players demand fairer revenue sharing, stronger representation

French Open: Players demand fairer revenue sharing, stronger representation

Rediff.com22 May 2026

A simmering dispute between players and the Grand Slams over revenue sharing intensified at the French Open on Friday, with Novak Djokovic warning the sport risked further fragmentation as leading players pressed for a greater voice in shaping its future.

Near-term growth, margin triggers missing in Wipro's Q4 results

Near-term growth, margin triggers missing in Wipro's Q4 results

Rediff.com26 Apr 2026

Wipro reported Q4FY26 IT services revenue of $2.6 billion, a modest 0.2 per cent Q-o-Q constant currency growth, with adjusted operating profit margin beating estimates at 17.2 per cent. The company announced a significant share buyback of ~15,000 crore, but faces near-term growth challenges, particularly in the BFSI segment, and has issued a soft Q1FY27 revenue guidance.

Balrampur Chini's Bio-Plastic Plant To Generate 2,000 Crore Revenue

Balrampur Chini's Bio-Plastic Plant To Generate 2,000 Crore Revenue

Rediff.com17 May 2026

Balrampur Chini Mills Ltd anticipates annual revenue of approximately Rs 2,000 crore from its new bio-plastic plant in Uttar Pradesh, scheduled for commissioning in the December quarter. The company is investing over Rs 3,000 crore in the Poly Lactic Acid (PLA) plant with a capacity of 80,000 tonnes per annum.

SBI reports all-time high standalone profit of Rs 21,028 cr in Q3

SBI reports all-time high standalone profit of Rs 21,028 cr in Q3

Rediff.com7 Feb 2026

State Bank of India on Saturday reported an all-time high profit of Rs 21,028 crore in December quarter FY26 on a standalone basis.

How Deepfake Video Duped Belagavi Man Of Rs 7.9 Lakh

How Deepfake Video Duped Belagavi Man Of Rs 7.9 Lakh

Rediff.com6 May 2026

A 76-year-old man in Belagavi was allegedly cheated of Rs 7.9 lakh in an online investment scam that used an AI-generated deepfake video misusing the name of Finance Minister Nirmala Sitharaman to lure investors.

'Oil Is Not The Problem. The Bigger Problem Is Gold'

'Oil Is Not The Problem. The Bigger Problem Is Gold'

Rediff.com18 May 2026

'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'

RIL Q4: O2C Slump, Retail Drag to Cap Performance, Jio to See Steady Gains

RIL Q4: O2C Slump, Retail Drag to Cap Performance, Jio to See Steady Gains

Rediff.com24 Apr 2026

Reliance Industries is expected to report largely flat performance for its fourth quarter (January-March, Q4) of FY26, with weakness in the oil-to-chemicals (O2C) business and muted retail growth likely to offset steady gains in the telecommunications segment.

Hyderabad Police Bust Tea Adulteration Racket, Arrest 10

Hyderabad Police Bust Tea Adulteration Racket, Arrest 10

Rediff.com24 Apr 2026

Hyderabad police busted a tea powder adulteration racket, arresting 10 people involved in mixing synthetic food colours, jaggery juice, and expired tea powder to increase profits.

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Sanjiv Bajaj: 'Fortunately, We've More Companies Than Family Members'

Rediff.com23 May 2026

'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'

OMCs may face LPG under-recovery of around ~80,000 crore in FY27: Icra

OMCs may face LPG under-recovery of around ~80,000 crore in FY27: Icra

Rediff.com30 Apr 2026

India's state-run oil marketing companies (OMCs) are projected to incur under-recoveries of approximately Rs 80,000 crore on liquefied petroleum gas (LPG) sales in FY27 if current loss levels persist, according to rating agency Icra.

Will Indians Get To Watch FIFA World Cup 2026?

Will Indians Get To Watch FIFA World Cup 2026?

Rediff.com21 May 2026

With less than a month to go, football fans have all fingers -- and toes -- crossed, notes Kanika Datta.

How Mumbai Banker Was Duped Of 97 Lakh In Cyber Fraud

How Mumbai Banker Was Duped Of 97 Lakh In Cyber Fraud

Rediff.com22 Apr 2026

A senior bank executive in Mumbai was defrauded of 97.78 lakh by cyber criminals through a fake share market investment scheme.

Strong outlook may sustain valuations for Godrej Consumer

Strong outlook may sustain valuations for Godrej Consumer

Rediff.com15 Apr 2026

Godrej Consumer Products Ltd (GCPL) delivered a robust Q4FY26 performance, with steady demand in India and signs of stabilisation in international markets, despite persistent inflationary pressures. The company expects to maintain profitability in FY27 through strategic cost management and pricing adjustments.

Tata Sons Dilemma: To List Or Not To List

Tata Sons Dilemma: To List Or Not To List

Rediff.com26 May 2026

The upcoming Tata Sons board meeting in June could possibly throw some light on several critical issues that may have a bearing on the future of the corporate behemoth.

Soaring LPG Costs May Force Restaurant To Hike Prices

Soaring LPG Costs May Force Restaurant To Hike Prices

Rediff.com13 May 2026

'If 5% of the total revenue was spent on LPG (pre-war), it is now expected to double. The overall food cost in restaurants is expected to rise by 4-6%.'

'Target is to open 80 branches every year for next few years'

'Target is to open 80 branches every year for next few years'

Rediff.com29 Apr 2026

Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.

Robert Vadra Withdraws Plea In Money Laundering Case

Robert Vadra Withdraws Plea In Money Laundering Case

Rediff.com18 May 2026

Businessman Robert Vadra unconditionally withdrew his petition in the Delhi High Court challenging a trial court order that summoned him in a money laundering case linked to a land deal in Haryana's Shikohpur.

Chiraiya Marks SVF's Big Leap Beyond Bengal

Chiraiya Marks SVF's Big Leap Beyond Bengal

Rediff.com30 Apr 2026

'We want to become India's topmost integrated studio, working in different languages.'

Reliance reports modest Q3 profit at Rs 18,645 cr

Reliance reports modest Q3 profit at Rs 18,645 cr

Rediff.com16 Jan 2026

Reliance Industries Ltd on Friday reported almost a flat net profit of Rs 18,645 crore for the third quarter, as weakness in its retail business offset gains in other segments, according to a company filing.

Paytm Shifts to Majority Indian Ownership Amidst Rising Investor Confidence

Paytm Shifts to Majority Indian Ownership Amidst Rising Investor Confidence

Rediff.com14 Apr 2026

One 97 Communications Ltd, operating under the Paytm brand, has transitioned to a majority Indian-owned and controlled company, reflecting increased domestic investor confidence and improved financial performance.

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

Rediff.com11 May 2026

A software engineer earning a high salary allegedly abandoned his career to run a fake online trading racket, duping investors of nearly Rs 100 crore.

Silver, gold futures decline as traders book profits after record highs

Silver, gold futures decline as traders book profits after record highs

Rediff.com30 Jan 2026

Silver and gold prices declined sharply in the futures trade on Friday as traders booked profits at elevated levels after a record-breaking rally, tracking a bearish sentiment in global markets and a rebound in the US dollar.

Diagnostics sector poised for robust Q4 growth, outperforming healthcare peers

Diagnostics sector poised for robust Q4 growth, outperforming healthcare peers

Rediff.com20 Apr 2026

The diagnostics sector is projected to significantly outperform other healthcare segments like pharmaceuticals and hospitals in Q4FY26, driven by increasing volumes, stable realisations, and a domestic focus that insulates it from geopolitical risks.

Investment Disclosure Tightens Tax Scrutiny

Investment Disclosure Tightens Tax Scrutiny

Rediff.com7 May 2026

From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.

Two Held In Saharanpur With Drugs Worth 1 Crore

Two Held In Saharanpur With Drugs Worth 1 Crore

Rediff.com6 May 2026

Two alleged drug traffickers were arrested in Saharanpur, Uttar Pradesh, and 504 grams of illegal smack worth around 1 crore was recovered from their possession.

RBI proposes to cap banks' dividend payout at 75% of net profit

RBI proposes to cap banks' dividend payout at 75% of net profit

Rediff.com7 Jan 2026

The Reserve Bank of India (RBI) on Tuesday came out with a draft framework on declaration of dividend by banks, as it proposed capping dividend payout to shareholders at 75 per cent of their net profit-- also called profit after tax (PAT).

HDFC Bank, ICICI Bank: Solid Q4, split outlook

HDFC Bank, ICICI Bank: Solid Q4, split outlook

Rediff.com21 Apr 2026

Analysts have largely maintained a bullish outlook on HDFC Bank and ICICI Bank following their Q4FY26 results, though their perspectives on future growth drivers differ. HDFC Bank's near-term performance is tied to accelerating loan growth, while ICICI Bank is seen as a strong candidate for a valuation rerating.

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

LTM to introduce 'Blueverse Credit' AI-linked pricing model in FY27

Rediff.com4 May 2026

IT services major LTM is set to introduce a new pricing framework, 'Blueverse Credit', in the first quarter of FY27, aiming to align monetisation with the growing adoption of agentic artificial intelligence.

Be Prepared For Fuel Price Hike!

Be Prepared For Fuel Price Hike!

Rediff.com13 May 2026

'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'

M&M in high gear on SUV growth, product pipeline; analysts bullish despite margin pressure

M&M in high gear on SUV growth, product pipeline; analysts bullish despite margin pressure

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is largely bullish among analysts following its Q4FY26 results, driven by strong SUV demand, a robust product pipeline, and improving growth visibility across segments, despite near-term margin pressures from rising commodity costs and potential weakness in the tractor cycle.

TCS slows its dividend tap to fuel AI run

TCS slows its dividend tap to fuel AI run

Rediff.com24 Apr 2026

Tata Consultancy Services' (TCS) annual dividend payout declined to a four-year low of approximately 39,820 crore in FY26, marking its steepest decline in a decade and potentially adversely affecting Tata Sons' finances, which heavily rely on TCS's dividend income.

Market Meltdown: Investors' Wealth Plunges by Rs 16.77 Lakh Crore in Four Sessions

Market Meltdown: Investors' Wealth Plunges by Rs 16.77 Lakh Crore in Four Sessions

Rediff.com12 May 2026

Indian investors have seen their wealth erode by a staggering Rs 16.77 lakh crore over four trading sessions, as the markets faced deep losses driven by elevated crude oil prices, geopolitical tensions, persistent foreign fund outflows, and a record-low rupee.

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Rediff.com12 May 2026

Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Rediff.com12 May 2026

Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.

Indian Equities Rebound: BSE 500 Up 12.1% in April Amidst Geopolitical Risks

Indian Equities Rebound: BSE 500 Up 12.1% in April Amidst Geopolitical Risks

Rediff.com30 Apr 2026

Indian equities are experiencing their sharpest rebound in years, with the BSE 500 index rallying 12.1 per cent so far this month, echoing Covid-era recoveries despite ongoing geopolitical uncertainty and earnings risks.

Sunil Mittal plans Bharti Telecom to regain 51% Airtel stake, eyes succession in a decade

Sunil Mittal plans Bharti Telecom to regain 51% Airtel stake, eyes succession in a decade

Rediff.com14 May 2026

Telecom czar Sunil Bharti Mittal plans to hand over the reins of Bharti Airtel to his children in the next decade and desires that promoter firm Bharti Telecom regains over 50 per cent stake in the company.