News for 'Aditya Birla'

Women's IPL: BCCI set for another 4000 cr windfall

Women's IPL: BCCI set for another 4000 cr windfall

Rediff.com23 Jan 2023

According to market experts, the buyers are expected to shell out in the "range of 500 to 600 crore INR" per team in the closed-bid auction for the women's IPL.

How expense ratio impacts MF returns

How expense ratio impacts MF returns

Rediff.com6 Apr 2018

The average difference in expense ratios between a regular and direct plan is 100 to 120 basis points. For those who need hand holding, spend the 100 to 120 basis points and get advice on the right schemes that suit you. Don't land up buying a scheme with low expense, but lower returns.

India Inc sells assets abroad to cut debt

India Inc sells assets abroad to cut debt

Rediff.com30 Oct 2014

Bankers say it's a question of survival for debt-heavy companies.

Why you must NOT invest in too many MFs

Why you must NOT invest in too many MFs

Rediff.com6 Nov 2020

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Big corporate donors to the BJP, Congress in FY14

Big corporate donors to the BJP, Congress in FY14

Rediff.com16 Feb 2015

Biggest contribution came from Bharti group-led Satya Electoral Trust.

Why it's too early to write off payments banks

Why it's too early to write off payments banks

Rediff.com15 Jan 2019

While payments banks surely lose money, their operating ratios were looking better in 2017-18 compared to the year before. This implies that as customer volumes start picking up, the business models may perk up too, says R Jagannathan.

'No SIPs. Have I missed the bus?'

'No SIPs. Have I missed the bus?'

Rediff.com18 Nov 2022

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Mutual funds flock to silver ETF space with new schemes

Mutual funds flock to silver ETF space with new schemes

Rediff.com28 Aug 2022

Mutual funds have launched a clutch of new fund offers in the silver ETF (exchange traded fund) category this year and collected Rs 1,400 crore in assets after the introduction of the newly-created investment asset class by market regulator Sebi in 2021. Further, fund houses including Kotak Asset Management Company have filed draft documents with the markets regulator to float silver ETF as well as silver ETF fund of funds for investors, information with the Securities and Exchange Board of India (Sebi) showed. These NFOs (new fund offers) are providing an opportunity to the investors to digitally invest and own silver which is easily tradable during market hours.

'Streaming has to be disciplined'

'Streaming has to be disciplined'

Rediff.com27 Aug 2022

'Streaming will get to 100-200 million subscribers, but the journey is not as rose-tinted.'

Health insurance cos pay you to stay healthy!

Health insurance cos pay you to stay healthy!

Rediff.com21 Feb 2017

Staying healthy is good news for the insurance company as well since it implies lower claims. Insurance companies offer discounts anywhere between 8 And 30 per cent discount on premium.

India's largest telecom firm will soon be born!

India's largest telecom firm will soon be born!

Rediff.com22 Nov 2017

The onus of the tax dues of Rs 22,100 crore on Vodafone India's British parent could also fall on the merged entity.

Corporates contributed Rs 379 crore to political parties in 8 yrs

Corporates contributed Rs 379 crore to political parties in 8 yrs

Rediff.com8 Jan 2014

The Association for Democratic Reforms has stated in its report that 87 percent of the contributions or donations made to political parties in the past eight years were from business houses. The corporate houses contributed Rs 378.89 crore, constituting 87 per cent of the total contribution from known sources of political parties.

CBI likely to file status report in coal scam on Tuesday

CBI likely to file status report in coal scam on Tuesday

Rediff.com20 Oct 2013

The Central Bureau of Investigation is likely to file its status report in the coal scam before the Supreme Court on Tuesday stating details of its 14th FIR against Hindalco and others and also progress in the remaining 13 cases.

PM doesn't need certificate of honesty from anyone: Coal minister

PM doesn't need certificate of honesty from anyone: Coal minister

Rediff.com17 Oct 2013

Coming to the defence of Prime Minister Manmohan Singh, Union Coal Minister Sriprakash Jaiswal on Thursday said he does not need a certificate of honesty from anyone.

Tata Sons withdraws application for bank licence

Tata Sons withdraws application for bank licence

Rediff.com27 Nov 2013

The RBI has accepted the application withdrawal request, according to the statement.

Ask MF Guru: 'Am I investing right?'

Ask MF Guru: 'Am I investing right?'

Rediff.com18 Mar 2021

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

India Inc's mega plans for Gujarat

India Inc's mega plans for Gujarat

Rediff.com18 Jan 2019

Hailing Prime Minister Narendra Modi and the Bharatiya Janata Party government, top industry captains pledged mega investments at the Vibrant Gujarat Global Summit

How retailers plan to woo shoppers

How retailers plan to woo shoppers

Rediff.com14 Jun 2016

The numbers in India may not be as big but the opportunity for serious growth is all there.

Checklist: CBI's dismal track record at investigations

Checklist: CBI's dismal track record at investigations

Rediff.com11 Jan 2018

In the wake of the 2G acquittals, here are a few high-profile cases in which question marks were raised by various courts over the CBI's probe.

India Inc's foreign borrowings unchanged at $3.72 bn in Jul

India Inc's foreign borrowings unchanged at $3.72 bn in Jul

Rediff.com25 Aug 2014

As many as 58 companies raised money from automatic route and 8 firms raised via approval route.

Sunil Mittal on what telecom sector needs to remain viable

Sunil Mittal on what telecom sector needs to remain viable

Rediff.com10 Aug 2021

Bharti Airtel chairman Sunil Mittal has expressed hope that the government and regulators will step in to ensure the sector remains a viable place for continued investments and asserted that the industry requires "long overdue" support to maintain its current 3+1 structure. In the latest annual report of Airtel, Mittal said as the sector's role in the economy becomes more pervasive, its challenges loom larger. Issues such as unsustainable pricing and low returns in a highly capital-intensive environment, coupled with legacy legal issues, "have extracted their toll", Mittal observed.

D-Mart owner Radhakishan Damani enters top 100 global billionaires' club

D-Mart owner Radhakishan Damani enters top 100 global billionaires' club

Rediff.com19 Aug 2021

Radhakishan S Damani, investor and promoter of the D-Mart supermarket chain, has broken into the elite club of the top 100 global billionaires. Damani, who grew up in a single-room apartment in Mumbai, is now ranked 98th on the Bloomberg Billionaires Index with $19.2 billion as his net worth. The index is a daily ranking of the world's richest people. The other Indians on the top 100 rich list ahead of Damani are Mukesh Ambani, Gautam Adani, Azim Premji, Shiv Nadar, and Lakshmi Mittal.

Ambuja Cements-ACC deal likely to propel buyer to No. 2 position

Ambuja Cements-ACC deal likely to propel buyer to No. 2 position

Rediff.com22 Apr 2022

The possible acquisition of Holcim India business will be one of the biggest inbound corporate deals in the country. Currently, Walmart Inc.'s $16-billion acquisition of Flipkart Online Services in 2018 remains the biggest acquisition of an Indian asset by any acquirer, followed by BP plc acquisition of 30 per cent stake in Reliance Industries' 23 oil and gas production blocks in 2011 for $7.2 billion. Bloomberg reported late on Wednesday night that Holcim - the world's biggest cement maker - is considering a potential sale of its India business and gauging interest in its controlling stake in Ambuja Cement.

Indian companies apply for banking licences: The complete list

Indian companies apply for banking licences: The complete list

Rediff.com2 Jul 2013

Licence winners are expected to be announced by the first quarter of 2014.

ASK MF GURU: 'I want a corpus of Rs 10 crores in 10 years'

ASK MF GURU: 'I want a corpus of Rs 10 crores in 10 years'

Rediff.com27 Mar 2023

'To achieve a corpus of Rs 10 crores in the coming years, I would suggest you increase your SIP, advises Nikunj Saraf, vice president, Choice Wealth.

How India can 'keep' Vodafone Idea

How India can 'keep' Vodafone Idea

Rediff.com27 Jul 2021

The government should convert Vodafone Idea's (Vi) debt into equity to avoid a duopoly in the telecom sector, Deutsche Bank Research said in its report on Monday. This, the bank suggested, would be the only viable solution in the backdrop of the Supreme Court dismissing the telecom company's application for recomputation of adjusted gross revenue (AGR) dues.

Rajan says India must avoid 'layers' of checks

Rajan says India must avoid 'layers' of checks

Rediff.com20 Feb 2015

India needed more specialists within government

Premji, a lucky mascot for Biyani's Future Retail

Premji, a lucky mascot for Biyani's Future Retail

Rediff.com26 Dec 2014

Azim Premji's Rs 175-crore (Rs 1.75-billion) investment in Future Retail will help Kishore Biyani tide through crisis.

At over Rs 36,000 cr, India sees record anchor investment in IPOs this year

At over Rs 36,000 cr, India sees record anchor investment in IPOs this year

Rediff.com1 Dec 2021

Foreign portfolio investors (FPIs) and mutual funds (MFs) have put in more money as anchor investors in initial public offerings (IPOs) in 2021 than any other year. FPIs' share of investments for the year stood at Rs 24,477 crore, nearly six times that put in last year and more than nine times the amount invested in 2019, the data from Prime Database showed. MFs have invested Rs 12,264 crore, four times than that invested last year and more than 10 times the investment in 2019. The total investment by FPIs and MFs put together this year is five times the amount invested last year. The amount contributed by MFs, however, is nearly half of that invested by FPIs.

MFs storm market with 47 new funds in 2020

MFs storm market with 47 new funds in 2020

Rediff.com14 Dec 2020

While the amount collected is a tad lower than last two years, it may surpass the previous two years' collections by the end of the year.

Azim Premji named 'most generous Indian' in FY20

Azim Premji named 'most generous Indian' in FY20

Rediff.com10 Nov 2020

IT major Wipro's Azim Premji donated Rs 22 crore a day or Rs 7,904 crore in a year to emerge as the most generous Indian in FY20 and top a list of philanthropy. Premji pipped HCL Technologies' Shiv Nadar, who had earlier topped the list collated by Hurun Report India and Edelgive Foundation, by a wide margin.

IPO market set to boom, 4 cos to raise Rs 4,000 crores

IPO market set to boom, 4 cos to raise Rs 4,000 crores

Rediff.com25 May 2021

While the recent volatility in the secondary markets is a concern, experts believe the sentiment towards IPOs is still buoyant.

ASK MF GURU: MFs you must buy, hold or exit

ASK MF GURU: MFs you must buy, hold or exit

Rediff.com16 Sep 2021

Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.

Manmohan moves Supreme Court against coalgate case summons

Manmohan moves Supreme Court against coalgate case summons

Rediff.com25 Mar 2015

Former PM Manmohan Singh moved the SC against a special court order summoning him as accused in coalgate case.

Sensex reclaims 26,000 to end near four-month high

Sensex reclaims 26,000 to end near four-month high

Rediff.com26 Apr 2016

Recovery in bluechips and gains in European markets helped the rally.

Start-ups get a big boost from big companies

Start-ups get a big boost from big companies

Rediff.com25 Aug 2016

The idea that technology and startups with newer business models will not disrupt traditional businesses has been thrown out the window.

Coal scam: SC directs CBI to file 5 charge sheets by Mar 28

Coal scam: SC directs CBI to file 5 charge sheets by Mar 28

Rediff.com10 Mar 2014

The Supreme Court on Monday directed the Central Bureau of Investigation to file remaining five of the six charge sheets by March 28 in the coal block allocation scam, declining to grant more time sought by the agency for this purpose.

PE firms invest $2.27 bn via 89 deals in Q1 2014

PE firms invest $2.27 bn via 89 deals in Q1 2014

Rediff.com2 Apr 2014

In the January-March period of last year, an amount worth $1,179 million was invested across 103 transactions.

'Market rally more likely to sustain than come to grinding halt'

'Market rally more likely to sustain than come to grinding halt'

Rediff.com1 Oct 2021

'Private banks are well-placed to deliver good performance over the next six months.'

Are these mutual funds making you MONEY?

Are these mutual funds making you MONEY?

Rediff.com20 Nov 2019

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.