News for 'Bloomberg'

Football's first billionaire revealed!

Football's first billionaire revealed!

Rediff.com8 Oct 2025

Cristiano Ronaldo has become the first footballer to reach billionaire status, according to the latest Bloomberg Billionaires Index, which has valued the Portugal great's net worth at an estimated $1.4 billion.

Tata Steel profit surges nearly 4x

Tata Steel profit surges nearly 4x

Rediff.com13 Nov 2025

Tata Steel on Wednesday reported a 272 per cent year-on-year (Y-o-Y) jump in consolidated net profit, attributable to owners, at Rs 3,101.75 crore in the second quarter of 2025-26 (Q2FY26) led by higher sales volumes in India and planned cost takeouts across geographies.

Godrej Properties' profit up 21% to Rs 405 cr

Godrej Properties' profit up 21% to Rs 405 cr

Rediff.com7 Nov 2025

Real estate firm Godrej Properties' profit (attributable to the equity holders of the parent) for the second quarter of FY26 grew 21 per cent year-on-year (YoY) to Rs 405.1 crore, beating analysts' estimates. The Bloomberg analysts' poll had pegged the profit at around Rs 349.4 crore.

Is This Why Trump Turned On India?

Is This Why Trump Turned On India?

Rediff.com9 Aug 2025

Trade, defence cooperation and regional strategy had long formed the backbone of India-US ties, but the latest rift shows how quickly those pillars can be shaken by personal grievances and political optics.

Will GST cut bring back hatchbacks to top of the line?

Will GST cut bring back hatchbacks to top of the line?

Rediff.com12 Nov 2025

Since the Indian government reduced GST on small cars on September 22, the small car segment's share in Maruti's overall sales has risen to more than 25 per cent, up from 16.6 per cent earlier in FY26.

Competition may keep Colgate under pressure

Competition may keep Colgate under pressure

Rediff.com25 Oct 2025

Colgate-Palmolive India's September quarter (Q2FY26) performance has reinforced concerns among brokerages about the company's continued market challenges.

India's M&A deals dipped in Q2 amid valuation caution

India's M&A deals dipped in Q2 amid valuation caution

Rediff.com10 Oct 2025

India's mergers and acquisitions (M&A) activity cooled in the second quarter of 2025-26 (Q2FY26), with deal value falling to $26.26 billion from $29.04 billion a year ago, according to Bloomberg data.

No targeted price level for rupee vs dollar, says RBI

No targeted price level for rupee vs dollar, says RBI

Rediff.com17 Oct 2025

The Reserve Bank of India (RBI) does not target any price level on the rupee, Governor Sanjay Malhotra reiterated at an International Monetary Fund and World Bank event on Wednesday.

Nykaa's faster growth keeps Street bullish, but valuations rich too

Nykaa's faster growth keeps Street bullish, but valuations rich too

Rediff.com16 Oct 2025

The July-September quarter (Q2) business update on revenue by FSN E-Commerce Ventures (Nykaa) was well received by most investors and the share price surged over 6 per cent, driven by one block deal. Even after Wednesday's minor dip, it was still higher at Rs 257.50 as compared to Monday's close of Rs 255.55.

Reliance's refining margins projected to stay strong compared to PSU peers

Reliance's refining margins projected to stay strong compared to PSU peers

Rediff.com6 Sep 2025

Reliance Industries' refining earnings will remain steady, supported by its position as India's largest importer of Russian crude and favourable global supplies, according to analysts at JM Financial and Goldman Sachs. Reliance imported more Russian barrels than any other Indian refiner in the past eight months, according to data from Bloomberg/Kpler.

Trump Wants Bagram Air Base, But...

Trump Wants Bagram Air Base, But...

Rediff.com22 Sep 2025

US reoccupation would need large troop deployments, break the Doha Agreement, and strain relations with Pakistan, Russia and Iran.

H-1B Visa: Why Nvidia Will Pay $100,000 For Talent

H-1B Visa: Why Nvidia Will Pay $100,000 For Talent

Rediff.com9 Oct 2025

'As one of many immigrants at Nvidia, I know the opportunities we've found in America have profoundly shaped our lives.'

Trump Official Dubs Ukraine Conflict As 'Modi's War'!

Trump Official Dubs Ukraine Conflict As 'Modi's War'!

Rediff.com28 Aug 2025

'Everybody in America loses because of what India is doing.'

Xi's Letter To Murmu Behind India-China Reset?

Xi's Letter To Murmu Behind India-China Reset?

Rediff.com28 Aug 2025

The Bloomberg report suggests that this backchannel communication from President Xi has laid the groundwork for a broader thaw in relations. This overture has since translated into a series of tangible diplomatic actions leading up to the upcoming Shanghai Cooperation Organisation (SCO) summit.

No HC relief for Bloomberg in 'defamatory' article against Zee

No HC relief for Bloomberg in 'defamatory' article against Zee

Rediff.com14 Mar 2024

The high court observed there was no final adjudication on the subject matter at this stage as the ADJ was yet to hear Bloomberg.

SC reverses trial court order on Bloomberg article removal in Zee case

SC reverses trial court order on Bloomberg article removal in Zee case

Rediff.com22 Mar 2024

A three-judge bench headed by Chief Justice DY Chandrachud said the error committed by the trial judge had been perpetuated by the high court.

Will Buy Russian Oil: Sitharaman

Will Buy Russian Oil: Sitharaman

Rediff.com6 Sep 2025

New Delhi 'will have to take a call which supply source suits us the best,' the finance minister said, pointing out that crude oil accounts for the bulk of India's foreign exchange spend.

India will 'say sorry' and make a deal: Top Trump official

India will 'say sorry' and make a deal: Top Trump official

Rediff.com5 Sep 2025

"So I think what happens is it's all bravado, because you think it feels good to fight with the biggest client in the world, but eventually your businesses are going to say you've got to stop this and go make a deal with America."

US warns: Tariffs on India could go up if...

US warns: Tariffs on India could go up if...

Rediff.com14 Aug 2025

United States Treasury Secretary Scott Bessent has warned that the secondary tariffs on India could go up if 'things don't go well' during talks between President Donald Trump and Russian President Vladimir Putin in Alaska on Friday.

US may hold back secondary tariffs on India, says Trump

US may hold back secondary tariffs on India, says Trump

Rediff.com16 Aug 2025

There were apprehensions that additional secondary tariffs would have hit India in case the US decided to enforce them.

Wipro Profits Up 10.9%

Wipro Profits Up 10.9%

Rediff.com18 Jul 2025

'We remain cautious in this environment, and the uncertainty continues.'

Tariffs on India won't stop Putin or end Ukraine war: US House Committee

Tariffs on India won't stop Putin or end Ukraine war: US House Committee

Rediff.com16 Aug 2025

The US House Foreign Affairs Committee Democrats stated that imposing tariffs on India will not deter Russian President Vladimir Putin or address Russia's invasion of Ukraine.

Tata Motors seeks govt help to ease electric vehicle raw material sourcing

Tata Motors seeks govt help to ease electric vehicle raw material sourcing

Rediff.com23 Aug 2025

Spreading risks in sourcing raw materials for electric vehicle (EV) manufacturing is "very critical" and the government can play a key role by enabling access to these from multiple locations worldwide, said Vivek Srivatsa, chief commercial officer at Tata Passenger Electric Mobility, on Friday while stressing the need for faster localisation, especially of batteries.

RIL's growth plans, Jio listing can lead to rerating of stock

RIL's growth plans, Jio listing can lead to rerating of stock

Rediff.com9 Sep 2025

Reliance Industries (RIL) annual general meeting (AGM) had several stunning announcements. RIL looks to list Jio Platforms (JPL) by June 2026. It targets doubling of FY22 earnings before interest, taxes, depreciation and amortisation (Ebitda) (Rs 1.25 trillion; $14.6 billion) by FY27 implying 14.7 per cent compound annual growth rate (CAGR) over the FY22 levels.

'Putin's war chest': Trump official fires fresh salvo at India

'Putin's war chest': Trump official fires fresh salvo at India

Rediff.com29 Aug 2025

Former White House trade advisor Peter Navarro accuses India of being an 'oil money laundromat' for Russia, alleging that India's oil purchases are funding Putin's war in Ukraine. The accusations come amid existing trade tensions and tariffs imposed by the US.

Jio's Rs 30,000 Cr IPO: India's Largest

Jio's Rs 30,000 Cr IPO: India's Largest

Rediff.com2 Sep 2025

Reliance holds 67.03% of Jio Platforms Limited and the public listing would provide an exit to many investors.

Why Is Foxconn Pulling Staff From India?

Why Is Foxconn Pulling Staff From India?

Rediff.com3 Jul 2025

The Foxconn move may have been prompted by the Chinese government's focus on strengthening its supply chain.

Tim Cook Drops AI Truth Bomb: Adapt Or...

Tim Cook Drops AI Truth Bomb: Adapt Or...

Rediff.com20 Aug 2025

As the Apple CEO put it to his staff, the choice is stark: Adopt AI or risk being left behind. The same applies to everyone preparing for the future of work.

SBI eyes spot among world's top 10 banks by market value in 5 years

SBI eyes spot among world's top 10 banks by market value in 5 years

Rediff.com24 Jul 2025

Country's largest lender State Bank of India (SBI) is looking to be among 10 top global banks in market capitalisation terms in the next five years, chairman CS Setty said on Wednesday. "The scope for value creation for the stakeholders is potentially very high. So the larger ambition is if the market supports whether we can be part of the top 10 global banks in terms of the market capitalisation (five years)," he said after listing of shares issued under Qualified Institutional Placement (QIP) at NSE.

Pre-trial stay on news hits freedom of speech, rules SC in Bloomberg vs Zee

Pre-trial stay on news hits freedom of speech, rules SC in Bloomberg vs Zee

Rediff.com26 Mar 2024

Courts should not grant ex-parte injunctions against publication of a news article barring in exceptional cases as it may have severe ramifications for the right to freedom of speech of the author and the public's right to know, the Supreme Court has said.

Analysts see further gains in LIC post strong Q1FY26 performance

Analysts see further gains in LIC post strong Q1FY26 performance

Rediff.com16 Aug 2025

Life Insurance Corporation of India (LIC) reported encouraging results for the April-June quarter (Q1) of FY26. The net premium income of India's largest life insurer was Rs 1.2 trillion, up 5 per cent year-on-year (Y-o-Y), in Q1. Renewal premium grew 6 per cent Y-o-Y to Rs 59,900 crore, while first-year and single premium grew 1 per cent and 4 per cent Y-o-Y respectively to Rs 7,500 crore and Rs 51,900 crore.

2 years after getting $8 bn, Reliance raises $2.9 bn offshore loan

2 years after getting $8 bn, Reliance raises $2.9 bn offshore loan

Rediff.com16 May 2025

About 55 banks participated in the deal, making it the largest bank group for a syndicated loan in Asia so far this year.

Op Sindoor: Defence attache says India 'lost jets'; Cong slams govt

Op Sindoor: Defence attache says India 'lost jets'; Cong slams govt

Rediff.com29 Jun 2025

The Congress on Sunday cited the reported comments of India's defence attache to Indonesia that the Indian Air Force lost fighter jets to Pakistan during Operation Sindoor and accused the government of having 'misled' the country.

Will definitely wrap up tension with India if...: Pak after Op Sindoor

Will definitely wrap up tension with India if...: Pak after Op Sindoor

Rediff.com7 May 2025

Regarding the possibility of talks, the minister said he was not aware of any such potential engagements.

CDS acknowledges loss of jets during Operation Sindoor, but...

CDS acknowledges loss of jets during Operation Sindoor, but...

Rediff.com31 May 2025

Chief of Defence Staff General Anil Chauhan on Saturday acknowledged losses of aircraft in India's recent military hostilities with Pakistan but dismissed as 'absolutely incorrect' Islamabad's claim of downing six Indian fighter jets.

Sundar Pichai's Future-Proof Career Tips

Sundar Pichai's Future-Proof Career Tips

Rediff.com11 Jun 2025

'Skills like critical thinking, empathy, storytelling, team management and ethical judgment will grow in value even as AI continues to master logical tasks,' says Alphabet and Google CEO Sundar Pichai.

Reveal truth to country: Cong to govt after CDS remarks

Reveal truth to country: Cong to govt after CDS remarks

Rediff.com31 May 2025

Congress leader Uttam Kumar Reddy said the country wanted to know whether any aircraft were downed during the conflict, especially in the wake of the CDS' "admission".

Nifty Bank's valuation still lags Nifty 50's despite recent rally

Nifty Bank's valuation still lags Nifty 50's despite recent rally

Rediff.com7 May 2025

Banks have outperformed the broader market in the past six months and most of the leading lenders have given positive returns to investors compared to a negative return delivered by benchmark indices.

Insecure, not happy person: Sam Altman jabs Elon Musk

Insecure, not happy person: Sam Altman jabs Elon Musk

Rediff.com12 Feb 2025

If completed, this deal would place OpenAI among the most valuable private companies globally, alongside Musk's SpaceX and ByteDance, the parent company of TikTok, according to The New York Times.

Epstein files, Impeachment: Trump-Musk feud gets nastier

Epstein files, Impeachment: Trump-Musk feud gets nastier

Rediff.com6 Jun 2025

The feud reached its peak when Musk made explosive allegations about Trump's connection to disgraced financier Jeffrey Epstein, marking a dramatic escalation in their increasingly personal conflict.