News for '-fy17'

Gujarat is most tax-compliant state in AY19, Bihar least

Gujarat is most tax-compliant state in AY19, Bihar least

Rediff.com6 Aug 2020

Among large states, the lowest rate of filing was seen in Bihar at 5 per cent, followed by UP at 8.11 per cent - much below the national average of 12 per cent.

Ford puts exports from both its plants on fast track

Ford puts exports from both its plants on fast track

Rediff.com12 Jun 2017

Sanand plant exported 78,930 cars. The one at Chennai exported 79,539 units of EcoSport model

The tech start-up that has drawn Sachin's attention

The tech start-up that has drawn Sachin's attention

Rediff.com23 Mar 2016

Smartron is part of a new wave of IoT startups.

Post DeMo, bank credit grows at over 10% in December

Post DeMo, bank credit grows at over 10% in December

Rediff.com4 Jan 2018

Loans, cash credits, and overdrafts at the end of December 22, 2017, stood at Rs 81,287.32 billion, against Rs 73,340 billion in the year-ago period.

How Insolvency Process is being Gamed

How Insolvency Process is being Gamed

Rediff.com15 Jul 2021

The brand new bankruptcy process is being brazenly gamed by those with connections and money. The touts and fixers of the previous regime have been replaced by a new set close to this one, observes Debashis Basu.

Tech Mahindra looking at bigger deals: Vineet Nayyar

Tech Mahindra looking at bigger deals: Vineet Nayyar

Rediff.com30 Oct 2014

Essentially, the focus will be on cracking big deals.

India's 2nd-largest job provider is today gasping for growth

India's 2nd-largest job provider is today gasping for growth

Rediff.com7 Jun 2019

Particularly hit has been the apparel sector, where the time taken by the industry to adjust to the Goods and Services Tax regime, downward revision of export incentives, and a credit squeeze faced by small and medium scale enterprises, has pushed production downwards.

Real reason why top IT cos have reported a decline in assets

Real reason why top IT cos have reported a decline in assets

Rediff.com18 Jun 2018

The combined assets of the top five - Tata Consultancy Services (TCS), Infosys Technologies, Wipro, HCL Technologies and Tech Mahindra were down one per cent to Rs 27,7400 crore at the end of 2017-18, from Rs 28,0100 crore a year before.

Goldman, Nomura bullish on Indian equities in 2016

Goldman, Nomura bullish on Indian equities in 2016

Rediff.com10 Dec 2015

Goldman Sachs forecasts real GDP growth to accelerate to 7.9 per cent in FY17 from a projected 7.5 per cent in FY16.

Mehul Choksi: 'I want to clear my name'

Mehul Choksi: 'I want to clear my name'

Rediff.com20 Jan 2022

'I was shocked by the kidnapping episode. I could have lost my life.'

YOUR Rs 25 lakh crore debt has RBI worried! Here's why

YOUR Rs 25 lakh crore debt has RBI worried! Here's why

Rediff.com15 Sep 2017

In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.

All eyes on Infosys Q2 results

All eyes on Infosys Q2 results

Rediff.com13 Oct 2016

Will Infy spring a surprise in subdued second quarter?

Should you invest in Barbeque Nation IPO?

Should you invest in Barbeque Nation IPO?

Rediff.com25 Mar 2021

Barbeque Nation IPO: The promoters hold 60.24 per cent stake, CX Partners owns 33.79 per cent and Rakesh Jhunjhunwala's investment firm Alchemy Capital holds 2.05 per cent in the company.

Honda to roll out two new models; commits Rs 800 cr capex

Honda to roll out two new models; commits Rs 800 cr capex

Rediff.com18 Oct 2017

HMSI is the biggest player in scooter market with a share of 60 per cent

'India is a great bottom-up winner'

'India is a great bottom-up winner'

Rediff.com22 Mar 2016

'The focus is more on the outlook for global growth'.

Pay commission could spook India's fiscal plans

Pay commission could spook India's fiscal plans

Rediff.com23 Nov 2015

Govt is likely to find it hard to meet deficit target next year.

Economists find GDP data intriguing, say figures don't add up

Economists find GDP data intriguing, say figures don't add up

Rediff.com1 Mar 2017

They believe that the key reason behind such a high growth rate could be "a steep downward revision" of the year-ago base period.

Achche Din ahead for these three stocks

Achche Din ahead for these three stocks

Rediff.com27 Jul 2017

Hamsini Karthik reveals why the ongoing business rejig will help unlock value for shareholders of Grasim, Reliance Capital and Tube Investments

US blocks $350mn military aid to Pakistan

US blocks $350mn military aid to Pakistan

Rediff.com21 Jul 2017

Defence Secretary Mattis said he cannot certify that Islamabad has taken 'sufficient actions' against the dreaded Haqqani terror network.

Indian markets will see a de-rating in near term: Mahesh Nandurkar

Indian markets will see a de-rating in near term: Mahesh Nandurkar

Rediff.com3 May 2016

Premium valuations and lack of big triggers will weigh on Indian equity markets in the near term, believes Mahesh Nandurkar, India Strategist, CLSA.

Markets end flat on near term growth concerns post GST

Markets end flat on near term growth concerns post GST

Rediff.com4 Aug 2016

Gains in auto shares helped offset losses in select index heavyweights led by Infosys.

Budget 2021: Gross tax revenues likely to get back on track in FY22

Budget 2021: Gross tax revenues likely to get back on track in FY22

Rediff.com23 Jan 2021

While the tax-to-GDP ratio of 9.88 per cent has been assumed for FY21, the same as last year, when it touched a decadal low, for FY22 a ratio of 10.7 per cent has been assumed, an average of the last five years.

FY21 GDP shrank 7.3%, worst contraction in 4 decades

FY21 GDP shrank 7.3%, worst contraction in 4 decades

Rediff.com31 May 2021

India's economy grew by 1.6 per cent in the fourth quarter of 2020-21, restricting the full-year contraction to 7.3 per cent, official data showed on Monday. The fourth quarter growth was better than the 0.5 per cent expansion in the previous October-December quarter of 2020-21. The gross domestic product (GDP) had expanded by 3 per cent in the corresponding January-March period of 2019-20, according to data released by the National Statistical Office (NSO).

India has bounced back, real GDP growth to be 7.5%-12.5%: WB

India has bounced back, real GDP growth to be 7.5%-12.5%: WB

Rediff.com31 Mar 2021

India's economy has bounced back amazingly from the Covid-19 pandemic and nationwide lockdown over the last one year, but it is not out of the woods yet, according to the World Bank, which in its latest report has predicted that the country's real GDP growth for fiscal year 21/22 could range from 7.5 to 12.5 per cent.

So much for Modi's dream of 'cashless Bharat'

So much for Modi's dream of 'cashless Bharat'

Rediff.com8 Nov 2017

While Bihar and J&K have the least proportion of bank account holders using debit cards at PoS machines, Telangana's record is the highest.

Investors should also look at long-term bonds: Dhawal Dalal

Investors should also look at long-term bonds: Dhawal Dalal

Rediff.com15 Feb 2016

Dhawal Dalal, executive vice-president & head, fixed income, DSP BlackRock Investment Managers, expects the central bank to hold rates for the rest of calendar year 2016.

How Kishore Biyani got back his magic touch

How Kishore Biyani got back his magic touch

Rediff.com14 Sep 2017

From the stock perspective, though, even as all the 10 analysts polled by Bloomberg have a 'buy' recommendation on FRL, their target price of Rs 535 suggest most of the positives are already priced in.

IT results: Top 4 perform differently in March quarter

IT results: Top 4 perform differently in March quarter

Rediff.com29 Apr 2016

TCS, Infosys do well but Wipro & HCL disappoint analysts; however, outlook for FY17 bullish in general.

25% of IT chiefs earn more than Rs 10cr, says report

25% of IT chiefs earn more than Rs 10cr, says report

Rediff.com5 May 2018

Professional CEOs in the sector draw a much higher remuneration than promoter CEOs, points out report by IiAS.

Sensex ends 88 points lower; Tata Group shares weigh

Sensex ends 88 points lower; Tata Group shares weigh

Rediff.com25 Oct 2016

Tata Group shares were among the top losers while Adani Ports emerged as the top gainer

Are Indian infotech companies staring at a bleak future?

Are Indian infotech companies staring at a bleak future?

Rediff.com16 Feb 2017

Nasscom said growth for the current financial year (2016-17) was expected to be 8.6%

Centre's divestment plan: A stress test for zombie steel plants

Centre's divestment plan: A stress test for zombie steel plants

Rediff.com30 Apr 2021

With the government looking to divest loss-making steel assets, significant interest from secondary players is most likely this time apart from the anticipated list of large integrated primary steel producers, said industry experts. Rashtriya Ispat Nigam Limited (RINL), Neelachal Ispat Nigam Ltd (NINL), NMDC Integrated Steel Plant (NISP)-Nagarnar, Ferro Scrap Nigam Ltd and three units of Steel Authority of India (SAIL) - Alloy Steels Plant, Durgapur; Visvesvaraya Iron and Steel Plant, Bhadravati; and Salem Steel Plant, Salem - constitute the divestment list. All the three units of SAIL have been loss-making for more than five years.

How Verna turned around Hyundai's fortune

How Verna turned around Hyundai's fortune

Rediff.com25 Nov 2017

Hyundai sold 6,054 units of the new Verna in September, against 6,010 units of the Honda City and 5,603 units of the Maruti Ciaz.

RBI lowers GDP forecast for FY16 to 7.4%

RBI lowers GDP forecast for FY16 to 7.4%

Rediff.com29 Sep 2015

RBI lowers GDP forecast for FY16 to 7.4%

Why household debt, in India, has touched 7-year high

Why household debt, in India, has touched 7-year high

Rediff.com31 Aug 2018

Growth in credit card outstanding has been the fastest compared to other personal loan segments

CPI target band could tighten in 5-10 years: Raghuram Rajan

CPI target band could tighten in 5-10 years: Raghuram Rajan

Rediff.com6 Mar 2015

Will seek to bring inflation to the mid-point: Rajan

Why Hindustan Unilever may cut jobs

Why Hindustan Unilever may cut jobs

Rediff.com28 Apr 2017

The company plans to overhaul business and rationalise costs in a bid to reach parent Unilever's new profit targets, reports Viveat Susan Pinto.

Taj Mansingh in its new avatar will start operation from 2020

Taj Mansingh in its new avatar will start operation from 2020

Rediff.com18 Oct 2017

Bidders have to deposit a security fee of Rs 25 crore as well as minimum guarantee fee.

How much do CEOs of top auto companies earn?

How much do CEOs of top auto companies earn?

Rediff.com19 Jul 2018

Pawan Munjal, chairman and managing director of Hero MotoCorp, the country's biggest two-wheeler maker, leads the pack among automobile CEOs.

Why you must invest in these 5 mid-cap stocks

Why you must invest in these 5 mid-cap stocks

Rediff.com6 Dec 2016

Five stocks - Havells, NCC, Suzlon, Blue Star and Crompton Greaves look most attractive after the recent course correction.