News for '-fy13'

Industry wary of Chinese service hubs

Industry wary of Chinese service hubs

Rediff.com6 Nov 2013

Indian manufacturers are concerned about losing market share to Chinese makers.

IndiGo retains star position but profit hit hard

IndiGo retains star position but profit hit hard

Rediff.com8 Oct 2014

Experts say the margin was impacted primarily because of currency depreciation, rise in the price of aviation turbine fuel and pressure on account of fare wars in the home market.

Bharti Airtel needs to fine-tune biz strategies in Africa

Bharti Airtel needs to fine-tune biz strategies in Africa

Rediff.com15 Apr 2014

Bharti'suarterly revenue run rate continues to be hover around the $1.2 billion mar

Rajan meets PM, FM ahead of monetary review

Rajan meets PM, FM ahead of monetary review

Rediff.com18 Sep 2013

According to report by Dun and Bradstreet, central bank expected to maintain status quo on policy rate.

Syndicate Bank fiasco: Another shadow on Prakash Industries

Syndicate Bank fiasco: Another shadow on Prakash Industries

Rediff.com5 Aug 2014

Despite facing tough times for a while now, a May 2014 press release of Prakash Industries said it had added capacities in its steel melting and ferro alloys divisions.

Growth likely to slip below 5% in 2013-14: RBI

Growth likely to slip below 5% in 2013-14: RBI

Rediff.com28 Jan 2014

The Reserve Bank on Tuesday said growth is expected to fall below 5 per cent in 2013-14 in absence of pick-up in manufacturing sector, but likely to recover to 5.5 per cent in the next financial year.

CAD to ease in FY14 on lower oil, gold prices

CAD to ease in FY14 on lower oil, gold prices

Rediff.com28 Jun 2013

India's current account deficit (CAD) is likely to ease to 4.4 per cent of the GDP in the current fiscal year on lower oil and gold prices, Bank of America Merrill Lynch (BofA-ML)said in a research note.

Rating agencies say Jaitley's fiscal targets hard to achieve

Rating agencies say Jaitley's fiscal targets hard to achieve

Rediff.com11 Jul 2014

Jaitley's fiscal arithmetic, Crisil said, is "shaky", and the scope for fiscal slippage "remains high".

Was Cyrus Mistry a victim of back-seat driving?

Was Cyrus Mistry a victim of back-seat driving?

Rediff.com26 Oct 2016

Mistry's intention of selling ailing steel maker Corus, Tata's so-called feather in the cap, was one reason for his ouster

India Inc profitability at five-year low

India Inc profitability at five-year low

Rediff.com23 Dec 2013

Returns on capital harder to sustain as debt levels rise; responsibility for this invariably of firms themselves

Digital push slows down banks' branch expansion plans

Digital push slows down banks' branch expansion plans

Rediff.com7 Jan 2018

Branch additions for most major banks in the current financial year do not correspond to the number of the past two years.

5 reasons why ICICI Bank is a difficult buy

5 reasons why ICICI Bank is a difficult buy

Rediff.com3 May 2016

Consensus continues to be cautious with analysts pointing towards tougher days ahead

Will the Budget deliver 'Big Bang' reforms?

Will the Budget deliver 'Big Bang' reforms?

Rediff.com28 Feb 2015

Market hopes govt will hike capital expenditure.

Toyota to cut production as sales drop

Toyota to cut production as sales drop

Rediff.com23 Oct 2013

With slowing sales and to avoid inventory accumulation, Toyota Kirloskar Motor Pvt Ltd has planned to cut production of passenger cars and utility vehicles at its factory in Bidadi, 35 km from Bangalore.

Jet gets notice for aircraft lease rentals non-payment

Jet gets notice for aircraft lease rentals non-payment

Rediff.com27 Sep 2013

Jet Airways (India) Ltd has defaulted on lease rentals of its Boeing 737s, highlighting the financial difficulties faced by the airline.

Reliance Industries may reward shareholders again

Reliance Industries may reward shareholders again

Rediff.com4 Sep 2013

Goldman Sachs report says company might buy back shares.

Capital crunch for smaller public sector banks to worsen

Capital crunch for smaller public sector banks to worsen

Rediff.com12 Mar 2014

Capital infusion of $30 bn over two years needed amid high dividend payouts and impairment ratios.

Rupee slide due to panic, says EXIM Bank

Rupee slide due to panic, says EXIM Bank

Rediff.com27 Aug 2013

The rupee has fallen almost 20 per cent in the first four months of FY14, forcing the government to consider raising import duties on gold and non-essential luxury items.

Tour operators eye a happy year ahead

Tour operators eye a happy year ahead

Rediff.com5 Jan 2015

With 2015 having multiple weekend breaks, travel agents and online travel portals expect a holiday rush this year.

DLF Q1 profit down 38% at Rs 181.19 crore; revenue up 5%

DLF Q1 profit down 38% at Rs 181.19 crore; revenue up 5%

Rediff.com13 Aug 2013

The company's profit stood at Rs 292.79 crore (Rs 2.92 billion) in the year-ago period.

Why diesel cars are getting cheaper

Why diesel cars are getting cheaper

Rediff.com3 Aug 2015

The price differential has been upwards of 20%.

Congress, BJP got Rs 5,450 cr from 'unknown sources'

Congress, BJP got Rs 5,450 cr from 'unknown sources'

Rediff.com17 Nov 2016

I-T returns data show 83% of the Congress' and 65% of the BJP's total income was from anonymous benefactors.

Dividends by private firms rise faster than PSUs

Dividends by private firms rise faster than PSUs

Rediff.com21 Jan 2014

Private companies have been increasing their dividend payouts at a much higher pace than their public-sector counterparts, though some state-run companies are making huge payouts in absolute terms.

RIL to increase KG block output by March 2015

RIL to increase KG block output by March 2015

Rediff.com20 Jan 2014

The company will invest $747 mn to increase production from D1, D3 and MA fields.

RIL, BP to invest Rs 800 cr in Tamil Nadu

RIL, BP to invest Rs 800 cr in Tamil Nadu

Rediff.com30 Jun 2014

Reliance Industries Ltd, along with its partner British Petroleum, plans to invest about Rs 800 crore (Rs 8 billion) to carry out exploratory drilling in an offshore block in the Bay of Bengal, off the Tamil Nadu coast.

Top 6 cities house 11% bank branches

Top 6 cities house 11% bank branches

Rediff.com26 Jun 2013

In spite of the high decibel financial inclusion drive being carried out for the past three years, a Crisil study has revealed stark disparities in the spread of banking services, saying the top six cities are home to an astonishing 11 per cent of bank branches.

Crompton Greaves may sell or shut Canada plant

Crompton Greaves may sell or shut Canada plant

Rediff.com11 Dec 2013

The transformer factory in Canada contributes about three per cent to the company's total sales.

B-schools reduce seats, cut fees to attract students

B-schools reduce seats, cut fees to attract students

Rediff.com16 May 2014

The institute says more seats are putting a strain on its resources.

TCS tops dividend league table in FY15

TCS tops dividend league table in FY15

Rediff.com11 Jun 2015

Paid Rs 15,474 cr against CIL's Rs 13,075 cr in FY15

NSEL investors move Sebi against FT

NSEL investors move Sebi against FT

Rediff.com20 Nov 2013

The aggrieved investors of National Spot Exchange (NSEL) have moved the Securities and Exchange Board of India (Sebi) against Financial Technologies (FTIL), the listed promoter.

These factors prove India is still far from achche din

These factors prove India is still far from achche din

Rediff.com6 Oct 2014

Bank of America Merrill Lynch believes this would ease pressures on CAD as $10 a bbl fall in oil price reduces CAD by $8 billion or 0.4 per cent of GDP.

Things you should know before buying a health policy

Things you should know before buying a health policy

Rediff.com28 Oct 2014

Health insurance has almost 23 per cent market share in the general insurance space.

Tata Steel might sell assets worth $1.2 billion: Sources

Tata Steel might sell assets worth $1.2 billion: Sources

Rediff.com10 Oct 2013

Ahmedabad-based Adani Group is said to be the frontrunner to buy out both Tata Steel and Larsen & Toubro's stake in Dhamra.

NSEL fiasco: Exchange-broker-client nexus under lens

NSEL fiasco: Exchange-broker-client nexus under lens

Rediff.com27 Sep 2013

Preliminary investigations conducted by capital markets regulator Securities and Exchange Board of India and inputs from other regulators and government departments suggest that some brokers were offering structured financial products to their HNI clients under some portfolio investments schemes for high returns of 10-20 per cent.

FinMin to pitch for upgrade from Japanese agency

FinMin to pitch for upgrade from Japanese agency

Rediff.com26 Aug 2013

Amid fears of a downgrade from ratings agencies, the finance ministry is gearing up for a visit of Japan Credit Rating Agency officials on September 6.

Stocks that hit record highs and lows in FY15

Stocks that hit record highs and lows in FY15

Rediff.com3 Apr 2015

It was a year of big gains for equity investors.

Toyota to idle Bengaluru plant 8 days in a month

Toyota to idle Bengaluru plant 8 days in a month

Rediff.com6 Aug 2013

Toyota has set up two manufacturing plants at Bidadi, about 35 km from here, with a combined capacity of 310,000 units a year.

Crest to cut costs by half to combat cash crunch

Crest to cut costs by half to combat cash crunch

Rediff.com5 Aug 2013

The company's loss in the financial year 2013 was Rs 13.82 crore (Rs 138.2 million).

Take steps to contain CAD or risk further Re fall: RBI

Take steps to contain CAD or risk further Re fall: RBI

Rediff.com30 Jul 2013

The RBI left key policy rates unchanged and cut the GDP growth estimate for this fiscal to 5.5 per cent from 5.7 per cent.

Why Wipro expects FY15 to be a better year

Why Wipro expects FY15 to be a better year

Rediff.com30 Jul 2013

Company says integration of various businesses will reap fruit.