News for '-leverages'

Modi-Xi 'Agreement': The Nation Needs To Know!

Modi-Xi 'Agreement': The Nation Needs To Know!

Rediff.com28 Oct 2024

China does not have to give up what it took in 2020, it will never give up its claim to Arunachal Pradesh, Ladakh and other areas, and it has all the time now to plan its next surprise, points out Lieutenant General Prakash Katoch (retd).

Beware! Cybercriminals May Target Olympics

Beware! Cybercriminals May Target Olympics

Rediff.com26 Jul 2024

Domains spoofing the legitimate Olympics Web site, while fake mobile apps masquerading as transport, booking, or other planning apps are also certain to be leveraged by fraudsters during the event, cybersecurity firms say, which puts Indian users also at risk.

D2C brands hitch their wagon to quick-commerce

D2C brands hitch their wagon to quick-commerce

Rediff.com23 Sep 2024

As quick commerce gains ground, emerging direct-to-consumer (D2C) brands are betting big on digital channels to drive growth. According to Aman Gupta, co-founder of wearables brand BoAt, new-age brands in India have been expanding at a much faster pace than expected, driven by digital channels like quick-commerce. "Investors doubted the potential of D2C brands when we started, but today there are multiple brands in the startup market that are growing on the shoulders of these digital channels," Gupta said while addressing a session at Razorpay's D2C and Retail Summit recently.

'China Went Wrong In Its Calculations!'

'China Went Wrong In Its Calculations!'

Rediff.com25 Oct 2024

'China did not expect India to show such strategic resolve in defending its territorial integrity.'

Ireda's high valuation may limit further stock upside

Ireda's high valuation may limit further stock upside

Rediff.com12 Jul 2024

State-owned Indian Renewable Energy Development Agency's (Ireda's) chairman and managing director Pradip Kumar Das has announced that the company has requested the government to allow it to carry out a follow-on public offer (FPO) as it will need further equity infusion to maintain the pace of growth. The FPO would aim to raise between Rs 4,000 crore and Rs 5,000 crore. Ireda, which provides funding assistance and other services to renewable energy and energy efficiency/conservation projects and is 75 per cent owned by the government of India, has requested the Union Finance Ministry to be included under Section 54EC of the Income Tax Act, which will help reduce borrowing costs.

This Tata Stock Has Outperformed Sensex

This Tata Stock Has Outperformed Sensex

Rediff.com27 Sep 2024

In calendar year 2024, the stock price of Trent has zoomed 160% As compared to the 18% rally in the BSE Sensex during the same period. It has outperformed the market in the past 10 consecutive years.

Strong traction from new launches a positive for top realty players

Strong traction from new launches a positive for top realty players

Rediff.com1 Oct 2024

The national real estate market presents an intriguing picture. Lower volumes and flat pricing serve as dampeners. Sales bookings across the top ten markets have seen 6 per cent growth year-on-year (Y-o-Y) between April and August 2024, but sales volume is down 8 per cent Y-o-Y. Unsold inventory is up.

'India-China Ties Will Be Deeply Strained'

'India-China Ties Will Be Deeply Strained'

Rediff.com22 Oct 2024

'Tensions and dialogue are likely to go hand-in-hand with China.' 'The goal should be to cultivate power so that one can negotiate from a position of strength.'

Last Call for Visa-Free Thailand

Last Call for Visa-Free Thailand

Rediff.com27 Aug 2024

The new visa-free regime allows travellers to stay for up to 60 days instead of only 15 earlier.

Why is Wayanad Quiet About Tragedy?

Why is Wayanad Quiet About Tragedy?

Rediff.com13 Nov 2024

There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of Wayanad's 2024 by-elections; the July landslides were not a burning issue, observes Shyam G Menon.

AMCs look strong but high valuations risk sharper fall in downturns

AMCs look strong but high valuations risk sharper fall in downturns

Rediff.com11 Jul 2024

Given gains in equity prices, it is not surprising that the earnings of asset management companies (AMCs) are growing quicker. The earnings momentum looks set to continue. Good fund performances have thus led to AMC earnings upgrades although valuations are high. Recent market performance and net flow trends have led to earnings upgrades by between 3-8 per cent for FY25-27.

India pitches for more info sharing on int'l payments

India pitches for more info sharing on int'l payments

Rediff.com11 Sep 2024

India is pushing for greater disclosures by credit card companies, fintech firms, and payment aggregators (PAs) at the Financial Action Task Force (FATF), so that the sender and recipient in a cross-border financial transaction can be easily identified and the information shared with law enforcement agencies. Separately, the inter-governmental group, which sets standards to curb money laundering, will release the fourth round of its mutual evaluation report on India on September 19. FATF in June had adopted the mutual evaluation report on India and placed the country in the "regular follow-up" category - the highest rating given by the global watchdog and a distinction shared by only four other G20 countries.

'Don't Panic! India Is An Oasis Of Calm!'

'Don't Panic! India Is An Oasis Of Calm!'

Rediff.com8 Aug 2024

'The structural story of India is a multi-decadal story.' 'One should stay invested in that story and avoid reacting to what is happening globally.'

'We want to be trust marker for the fintech industry'

'We want to be trust marker for the fintech industry'

Rediff.com28 Sep 2024

'So, we would work with our members to ensure that we as an SRO create some sort of due diligence for fintechs.'

Has IPL Lost Its Valuation Lustre?

Has IPL Lost Its Valuation Lustre?

Rediff.com5 Sep 2024

'If tech giants like Amazon, Google, Apple and Meta enter the IPL broadcasting arena, it could further revolutionize sports media in India.'

Post-Covid boom in profits yet to show in India Inc capex

Post-Covid boom in profits yet to show in India Inc capex

Rediff.com17 Sep 2024

The last four years, the best for corporate profits in a long time, have not been as impressive for corporate capital expenditure. The combined net profits of India's top listed companies excluding banks, financial services, and insurance (BFSI) increased at a compound annual growth rate (CAGR) of 32.4 per cent since FY20, a sharp jump from the 7.4 per cent in corporate earnings between FY14 and FY19.

World Bank ups India growth forecast to 7% for FY25

World Bank ups India growth forecast to 7% for FY25

Rediff.com3 Sep 2024

The World Bank on Tuesday raised the growth forecast for the Indian economy to 7 per cent for the current fiscal year on the back of recovery in agri sector and rural demand. World Bank had in June projected India to grow at 6.6 per cent for FY24. According to the World Bank Report released on Tuesday, India's growth continues to be strong despite a challenging global environment.

Explained: Supreme Court's Property Judgment

Explained: Supreme Court's Property Judgment

Rediff.com14 Nov 2024

'A rigid or overly broad interpretation could lead to a chilling effect on investments and growth in sectors traditionally driven by private initiative.' 'Entrepreneurs may fear that their assets could be arbitrarily appropriated by the State under the guise of serving the 'common good' without sufficient legal safeguards.' 'The judgment thus supports a more nuanced view, one that balances individual property rights with public welfare objectives.'

'Brand' Welcome Awaits Olympic Stars

'Brand' Welcome Awaits Olympic Stars

Rediff.com12 Aug 2024

'The Paris Olympics has once again blessed the Indian sports marketing landscape with fresh faces and promises.' 'Expect at least one biopic.'

'Nothing Can Keep Akshay Down'

'Nothing Can Keep Akshay Down'

Rediff.com12 Sep 2024

'Mohanlal and Akshay are two actors who trust me implicitly.'

Ambani's AI offer: Up to 100 GB free cloud storage for Jio users

Ambani's AI offer: Up to 100 GB free cloud storage for Jio users

Rediff.com29 Aug 2024

Stepping up the company's AI and cloud play, Reliance Industries chairman Mukesh Ambani on Thursday announced that Jio users will get up to 100 GB of free cloud storage to securely store and access their photos, videos, documents, digital content and data. Addressing the 47th AGM of RIL, Ambani said the Jio AI-Cloud Welcome offer will be launched during the upcoming Diwali, which would bring a "powerful and affordable solution where cloud data storage and data-powered AI services are available to everyone, everywhere". "Jio users will get up to 100 GB of free cloud storage to securely store and access all their photos, videos, documents, all other digital content, and data.

AI Disruption Is REAL & Happening FAST!

AI Disruption Is REAL & Happening FAST!

Rediff.com28 Aug 2024

When AI is used to enhance operational efficiency, businesses can deliver the same product or service but with improved quality, faster, or even at a reduced cost

Sitharaman urges banks to boost deposits

Sitharaman urges banks to boost deposits

Rediff.com19 Aug 2024

Finance Minister Nirmala Sitharman on Monday held a performance review meeting with heads of public sector banks and asked them to make concerted efforts to garner deposits. Deposits have been growing 300-400 basis points lower than the credit growth in the last few months, creating an asset-liability mismatch for banks. During deliberations on the deposit mobilisation, she said that while the credit growth has picked up, mobilisation of deposits could further be improved to fund the credit growth sustainably, and asked banks to make concerted efforts to garner deposits by conducting special drives.

MFDs cash in big: Commissions jump over 20% on market liftoff

MFDs cash in big: Commissions jump over 20% on market liftoff

Rediff.com29 Jul 2024

Commissions paid to mutual fund distributors (MFDs) increased by over 20 per cent for most large fund houses in 2023-24 (FY24), driven by a sharp market rally and strong inflows. The largest fund house, SBI Mutual Fund (MF), which now manages nearly Rs 10 trillion in assets, paid Rs 2,025 crore to its major distributors - 21 per cent higher than the Rs 1,675 crore payout in 2022-23 (FY23).

SpaceX begins mission to bring back Sunita Williams, Wilmore from ISS

SpaceX begins mission to bring back Sunita Williams, Wilmore from ISS

Rediff.com29 Sep 2024

SpaceX launched a reduced two-man crew to the International Space Station on Saturday, carrying supplies and two empty seats for Starliner astronauts awaiting a return home in February after an unplanned eight-and-a-half-month stay in orbit, CBS News reported.

Dharmaveer 2: Glorifying Eknath Shinde

Dharmaveer 2: Glorifying Eknath Shinde

Rediff.com4 Oct 2024

From start to finish, Dharmaveer 2 feels less like a biopic and more like propaganda crafted for Eknath Shinde's political gain, observes Prasanna D Zore.

Foreign Brands Are Eyeing India Again

Foreign Brands Are Eyeing India Again

Rediff.com28 Sep 2024

Whether it's Carrefour, Ford, or other foreign majors, they are ready to adjust their strategies and design their plans in a way that would address the Indian consumption story.

TaMo looks to ace last-mile delivery with sub-600 kg SCV

TaMo looks to ace last-mile delivery with sub-600 kg SCV

Rediff.com7 Aug 2024

Tata Motors, India's largest commercial vehicle manufacturer, is looking to launch a first-of-its-kind sub-600 kg small commercial vehicle, aiming to cater to the growing demand for efficient last-mile delivery solutions, an area currently witnessing a surge in interest from e-commerce giants. This new entrant is set to be positioned just below the marquee Tata Ace, which is popular across the country as "Chota Haathi".

'Japan must leverage India's outsourcing skill'

'Japan must leverage India's outsourcing skill'

Rediff.com13 Sep 2007

Like their western counterparts, Japanese firms should leverage India's outsourcing prowess or they could end up losing international competitiveness, the Japan Forum on International Relations said in its report -- India's Leap Forward and Japan.

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

Rediff.com30 Aug 2024

Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). This is Zepto's third big-ticket fundraise within a year. With this, the company has raised more than $1 billion in 12 months.

Why Aarti Industries Tanked

Why Aarti Industries Tanked

Rediff.com22 Aug 2024

The Street will thus keep an eye on the operating profit margins over the next couple of quarters.

30% of GenAI Projects May Fail By 2025

30% of GenAI Projects May Fail By 2025

Rediff.com30 Jul 2024

'Historically, many chief financial officers have not been comfortable with investing today for indirect value in the future.' 'This reluctance can skew investment allocation to tactical versus strategic outcomes.'

Gains in tech firm ABB India may sustain on strong margin outlook

Gains in tech firm ABB India may sustain on strong margin outlook

Rediff.com21 May 2024

ABB India's March quarter results (Q1CY24) were led by strong margin performance. Revenue was, however, largely in line with estimates at Rs 3,080 crore (up 28 per cent Y-o-Y and up 12 per cent Q-o-Q). The growth was across electrification (30 per cent Y-o-Y), process automation (73 per cent Y-o-Y) and robotics & motion (8 per cent Y-o-Y).

'Rates to remain elevated for bulk deposits'

'Rates to remain elevated for bulk deposits'

Rediff.com21 Aug 2024

'In the case of corporate credit, especially to AAA borrowers, lenders will have to take a fresh look at pricing.'

Adani Group profit jumps 55% in FY24; eyes $90 bn investment in 10 years

Adani Group profit jumps 55% in FY24; eyes $90 bn investment in 10 years

Rediff.com31 May 2024

Adani group saw a 55 per cent profit surge in the fiscal year ended March 2024 as the apples-to-airport conglomerate is back on an expansion spree and eyeing a $90 billion capex over the next decade. Emerging from a damning report of a US short seller, which hit market value of its listed companies, Adani group in 2023-24 (April 2023 to March 2024) fiscal focused on containing debt, reducing founder share pledge and consolidating business in core competencies.

'Workforce Aspirations Are Changing'

'Workforce Aspirations Are Changing'

Rediff.com29 Aug 2024

'It is not that employee work is not happening if you don't see it.'

Ranbaxy, Daiichi Sankyo to leverage synergies

Ranbaxy, Daiichi Sankyo to leverage synergies

Rediff.com16 Jan 2013

Both the companies intend to integrate their business operations in Thailand to leverage and maximise the synergies of hybrid business model, which is expected to commence business on April 1, 2013, Ranbaxy said in a statement on Wednesday.

Nitish brought shame when he touched Modi's feet: Prashant Kishor

Nitish brought shame when he touched Modi's feet: Prashant Kishor

Rediff.com15 Jun 2024

"People ask me why I am now criticising Nitish Kumar, having worked with him in the past. He was a different man back then. His conscience had not been put up for sale," said Kishor, who had managed the JD-U president's election campaign in 2015 and formally joined the party two years later.

Do We Need Atmashakti At Work?

Do We Need Atmashakti At Work?

Rediff.com15 Oct 2024

'Alongside economic growth and the Asian century, stress has become an Asian caravan.' 'But stress doesn't arrive in one's country as invitation to taste exhaustion. It comes dressed as a challenge.' 'Its evangelists ask: Are you man enough to shoulder stress?' points out Shyam G Menon.

Robust summer demand across fans, ACs to drive gains for Havells India

Robust summer demand across fans, ACs to drive gains for Havells India

Rediff.com2 Jul 2024

Electrical Consumer Durable (ECD) companies like Havells India have seen strong Q4FY24 sales and continuing seasonal demand across fans, air coolers, and room air conditioners (RAC) in addition to business-to-business sales of cables, switchgear, and professional lighting, among others. Havells India's Q4FY24 revenue rose 12 per cent year-on-year (Y-o-Y) to Rs 5,400 crore, in-line with consensus. Strong summer demand led to robust volume growth in fans and RAC and volume growth in cable and wires (C&W) due to infrastructure spending and real estate activity.