News for 'Business Line'

'We Have Doubled Our Exposures To India'

'We Have Doubled Our Exposures To India'

Rediff.com19 Mar 2025

'Expect India to keep doing well irrespective of geopolitics.'

Number of UPI apps grows in 2024, yet top two command maximum market share

Number of UPI apps grows in 2024, yet top two command maximum market share

Rediff.com30 Dec 2024

In 2024, the National Payments Corporation of India (NPCI) approved 20 third-party Unified Payments Interface (UPI) applications, a record since UPI's launch in 2016. This surge reflects growing interest from financial technology (fintech) companies, driven by the integration of credit products like UPI-linked credit cards and pre-approved credit lines.

Can Titans counter SRH's rampaging batting line-up?

Can Titans counter SRH's rampaging batting line-up?

Rediff.com30 Mar 2024

A depleted Gujarat Titans bowling attack will have to raise its game by quite a few notches to stop a marauding Sunrisers Hyderabad, fresh from its record total against Mumbai Indians, in the upcoming afternoon IPL match in Ahmedabad on Sunday.

In Bumrah's absence, Akash Deep in line for coveted Test cap

In Bumrah's absence, Akash Deep in line for coveted Test cap

Rediff.com22 Feb 2024

Uncapped pace bowler Akash Deep has emerged as the frontrunner to partner Mohammed Siraj in the fourth Test against England after he was seen sweating it out during optional training in Ranchi on Thursday.

Are Trump and Musk Dismantling American Democracy?

Are Trump and Musk Dismantling American Democracy?

Rediff.com22 Feb 2025

We the people are left in the wind, waiting on the whims of an unengaged president and an oligarch with a nearly bottomless wallet, observes Sree Sreenivasan.

'In Love, There Should Be No Ego'

'In Love, There Should Be No Ego'

Rediff.com21 Feb 2025

'We rarely see films that comment on a failed man-woman relationship.'

'Goal for Axis Max Life Insurance is to become listed entity'

'Goal for Axis Max Life Insurance is to become listed entity'

Rediff.com17 Feb 2025

'However, this process will take some time. Depending on the approval timeline, it may span a few quarters.'

IT Firms to Offer 3-6% Hikes

IT Firms to Offer 3-6% Hikes

Rediff.com17 Feb 2025

IT attrition rate is expected to be around 12% to 13% this year.

'Atal ji picked my call but Sonia kept me waiting'

'Atal ji picked my call but Sonia kept me waiting'

Rediff.com1 Dec 2024

After being elected president of the Inter-Parliamentary Union (IPU) in 1999, Najma Heptulla rang up the then Congress chief Sonia Gandhi from Berlin to convey the news but had to hold the phone line for an hour as a staff told her that 'madam is busy'.

ITC demerger: Analysts upbeat on ITC share outlook; support seen at Rs 442

ITC demerger: Analysts upbeat on ITC share outlook; support seen at Rs 442

Rediff.com2 Jan 2025

With just four trading sessions to go for the ITC-ITC Hotels demerger record date shares of ITC continue to consolidate in a thin range of Rs 460 - Rs 480 in an otherwise volatile equity market. On Tuesday thus far despite a near 1 per cent fall in the Sensex and Nifty; ITC traded on a flat note. ITC had set the demerger ratio at 1:10 - meaning 1 share of ITC Hotels for every 10 shares of ITC as of the record date January 6, 2025.

Why Pyaasa Is A Must Watch 68 Years On

Why Pyaasa Is A Must Watch 68 Years On

Rediff.com26 Feb 2025

'At a time when the 'my country, right or wrong' attitude is sweeping over the majority, the Pyaasa song Jinhe Naaz Hai Hind Par Woh Kahan Hain brings a much-needed sense of reality. It questions: How can one feel any sense of pride when women are treated like this? Utkarsh Mishra salutes Guru Dutt's classic that turns 68 this month.

Tushar Shah To Travel to Space On Tue

Tushar Shah To Travel to Space On Tue

Rediff.com22 Feb 2025

Blue Origin's 10th human flight, NS-30, will lift off from Launch Site in West Texas on Tuesday, February 25.

Equity MFs cap strong 2024 with near-record inflows in December

Equity MFs cap strong 2024 with near-record inflows in December

Rediff.com10 Jan 2025

Equity mutual funds (MFs) capped a strong 2024 with near-record inflows in December. With net inflows of Rs 41,156 crore in December, the 2024 tally surged to Rs 3.9 trillion, up 144 per cent compared to 2023. The December tally, which was only slightly short of the record-high inflows of Rs 41,887 crore achieved in October 2024, was fuelled by record inflows of Rs 9,761 crore into small-cap and mid-cap funds.

5 Workplace Changes You Will See in 2025

5 Workplace Changes You Will See in 2025

Rediff.com2 Jan 2025

Workplaces of 2025 will be defined by a deep focus on people-first values, inclusivity, and sustainable growth, foresees Sonica Aron, founder of Marching Sheep.

India Inc's top line struggled but profit rose 25% in FY24

India Inc's top line struggled but profit rose 25% in FY24

Rediff.com17 Jun 2024

The post-Covid pandemic boom in corporate revenues appeared to have faded away in 2023-24. Yet, companies have reported a sharp recovery in their profits in FY24, driven by high margins. Their combined net sales, including gross interest income for lenders, rose by a modest 4.8 per cent year-on-year (Y-o-Y) in FY24.

Why Havells India stock is likely to lose spark

Why Havells India stock is likely to lose spark

Rediff.com29 Jan 2025

Havells India, the country's largest listed consumer electrical company, reported a mixed performance in the 2024-25 (FY25) October-December quarter (Q3). While the top line benefited from festival demand, lower margins impacted operational performance.

Core acquisition adds to Metropolis Healthcare's long-term growth plans

Core acquisition adds to Metropolis Healthcare's long-term growth plans

Rediff.com27 Dec 2024

Metropolis Healthcare (MHL) has decided to acquire a 100 per cent stake in Gurgaon-based Core Diagnostics for Rs 247 crore. This is about 2.2x FY24 (financial year 2023-24) enterprise value (EV)/sales and estimated 14x FY26 EV/Ebitda for the deal.

Why analysts have downgraded growth and margin expectations of Dabur

Why analysts have downgraded growth and margin expectations of Dabur

Rediff.com14 Jan 2025

Dabur's pre-quarterly update for Q3FY25 disappointed the market with the share dropping by 3.9 per cent. Growth was slower than expected and inflation hit margins. The management said that the fast-moving consumer goods (FMCG) consumption in rural markets was resilient and continued to grow faster than in urban markets.

Will TDP, JD-U Toe BJP Line On Hindutva?

Will TDP, JD-U Toe BJP Line On Hindutva?

Rediff.com5 Jun 2024

The TDP and JD-U will have a lot to answer inside Parliament, day after day, session after session, notes N Sathiya Moorthy.

TCS Q3 net profit rises 12% to Rs 12,380 cr

TCS Q3 net profit rises 12% to Rs 12,380 cr

Rediff.com9 Jan 2025

India's largest IT services company TCS on Thursday reported an 11.95 per cent jump in net profit at Rs 12,380 crore in the December quarter while the overall workforce reduced by over 5,000 employees. The Tata Group company had reported a net profit of Rs 11,058 crore in the year-ago period, and Rs 11,909 crore in the preceding September quarter. The company's revenue grew 5.6 per cent to Rs 63,973 crore as against Rs 60,583 crore a year earlier.

5 Smart Tips To Tackle Burnout

5 Smart Tips To Tackle Burnout

Rediff.com3 Feb 2025

Take purposeful breaks, practise self care, advises Sweta Bothra, lead psychologist at Amaha Health.

Indians Work More Than Chinese!

Indians Work More Than Chinese!

Rediff.com14 Feb 2025

The average Indian works 46.7 hours per week, surpassing even China's 46.1 hours. In some sectors, the numbers are even more staggering.

Hyundai Bets Big On EV infrastructure

Hyundai Bets Big On EV infrastructure

Rediff.com20 Jan 2025

The charging infrastructure expansion includes the setup of over 600 DC charging stations by 2030 (including company-owned and company-operated ones) in addition to partnerships with over 10,200 charging points, collaborating with operators like Shell, Charge Zone, and Statiq.

Manchester City's record-breaking splurge in January!

Manchester City's record-breaking splurge in January!

Rediff.com4 Feb 2025

Manchester City spent more than 180 million pounds ($223.58 million) -- more than the combined amount paid by the other 19 English top-flight clubs in a relatively quiet window.

BJP Concedes AIADMK Demands In Eagerness For Alliance

BJP Concedes AIADMK Demands In Eagerness For Alliance

Rediff.com26 Mar 2025

EPS has had its way on most things, alliance-wise. A week earlier, he reiterated that he would not re-admit OPS and Sasikala Natarajan back in the party. It was a message not just to detractors in the AIADMK. It was even more so for the BJP leadership in Delhi. Even more important for the AIADMK was their demand for accepting EPS as the chief ministerial candidate of any alliance that the party would form, observes N Sathiya Moorthy.

Focus On 26 EV Launches, Charging Infra At Auto Expo

Focus On 26 EV Launches, Charging Infra At Auto Expo

Rediff.com4 Feb 2025

With nearly 100 launches and unveils, the Bharat Mobility Global Expo 2025, held in Delhi from January 17 to 22, made one thing clear to automobile enthusiasts: Electric vehicles (EVs) are the way ahead for the Indian auto market for years to come.

'Facing Jasprit will be tough on this SCG pitch'

'Facing Jasprit will be tough on this SCG pitch'

Rediff.com3 Jan 2025

Beau Webster believes playing against India pacer Jasprit Bumrah will be an enormous challenge for the Australian pacers on the seamer-friendly SCG pitch.

New businesses to boost growth momentum of Tata Consumer Products

New businesses to boost growth momentum of Tata Consumer Products

Rediff.com7 Dec 2023

The stock of fast-moving consumer goods major Tata Consumer Products has been reaching new all-time highs on better-than-expected results for the July-September quarter (second quarter, or Q2), strong growth in the food business, and margin gains in the beverage/international business. Most brokerages are positive on the stock, given growth prospects, and believe that rich valuations are justified. The near-term trigger has been the robust operational performance in Q2.

'We Will Have A Mutually Beneficial Trade Agreement'

'We Will Have A Mutually Beneficial Trade Agreement'

Rediff.com18 Feb 2025

'The US has agreed to negotiate with us a mutually beneficial bilateral trade agreement, which will go for reduction of tariffs on both sides so that our trade can grow.'

ITC Hotels' demerger to mirror Reliance Industries-Jio Financial playbook

ITC Hotels' demerger to mirror Reliance Industries-Jio Financial playbook

Rediff.com2 Jan 2025

ITC's move to hive off its hotel business will have implications for passive funds and exchange traded funds (ETFs) similar to that seen during the Reliance Industries-Jio Financial demerger. As ITC is part of popular indices such as Nifty and Sensex, it is held by several index funds and ETFs.

Don't Miss! The Top 10 Fashion Trends Of 2025

Don't Miss! The Top 10 Fashion Trends Of 2025

Rediff.com14 Jan 2025

What fashion has in store for you in the New Year.

Netanyahu's Gaza Plan: Trap For Trump?

Netanyahu's Gaza Plan: Trap For Trump?

Rediff.com5 Feb 2025

'Netanyahu lured Trump into a trap by enticing him with a seductive scenario of massive lucrative business in Gaza's reconstruction.' 'Trump's imagination is running riot, completely disconnected from ground realities,' asserts Ambassador M K Bhadrakumar.

Maruti Suzuki unveils first electric SUV eVITARA

Maruti Suzuki unveils first electric SUV eVITARA

Rediff.com17 Jan 2025

Speaking at the unveiling of the model at the Auto Expo, held as part of the Bharat Mobility Show, Suzuki Motor Corporation representative director and president Toshihiro Suzuki said the electric SUV would be exported to various regions, including Europe and Japan. Suzuki Motor Corporation, which has around 58 per cent stake in Maruti Suzuki India, plans to make India a global production hub for the model.

Tata Realty to scale up business in India, overseas

Tata Realty to scale up business in India, overseas

Rediff.com27 Nov 2023

Tata Realty and Infrastructure, a subsidiary of Tata Sons, is looking to expand its business with over 50 projects across major cities in India, Sri Lanka, and the Maldives. The combined projects boast a development potential exceeding 51 million sq ft, according to a top executive. The Mumbai-based real estate major has completed the first phase of project developments in Male (the Maldives), and is gearing up for the second phase. It has also expanded its footprint in Sri Lanka and plans to add about 2 million sq ft. in Colombo.

Will Sikandar Make More Money Than Pushpa 2?

Will Sikandar Make More Money Than Pushpa 2?

Rediff.com13 Jan 2025

'One of the most significant factors contributing to the optimism for 2025 is the lineup of films featuring Bollywood's three superstar Khans.'

Pink slips are out at Paytm as part of 'restructuring'

Pink slips are out at Paytm as part of 'restructuring'

Rediff.com10 Jun 2024

Fintech firm One97 Communications, owner of Paytm brand, is laying off an undisclosed number of employees and claimed that it is providing outplacement support for their smooth transition, according to a company statement. Paytm's sales employee headcount in March 2024 quarter dropped by about 3,500 to 36,521 personnel on a quarter-on-quarter basis, mainly due the impact of the Reserve Bank of India's ban on services of Paytm Payments Bank.

Trump's Tariff War: India Waits, Watches

Trump's Tariff War: India Waits, Watches

Rediff.com3 Feb 2025

'We have to be prepared for the larger disruption that is likely to take place.'

Q3 results preview: FMCG stocks vs capital goods sector

Q3 results preview: FMCG stocks vs capital goods sector

Rediff.com13 Jan 2025

Fast-moving consumer goods (FMCG) companies are expected to witness pressure on volumes in the October-December quarter. However, price hikes will help push up revenues, said brokerages.For India's largest engineering firm, Larsen and Toubro (L&T), the analysts expect a 20 per cent growth in consolidated revenue, and an 8.1 per cent core business Ebitda margin, up 40 bps from a year ago.

Rekhachithram Review: Alternate History Saves The Day

Rekhachithram Review: Alternate History Saves The Day

Rediff.com10 Jan 2025

Rekhachitram is the latest in an assembly line of films that use the period setting and mythic allure of the past to drive home the suspense of relatively straightforward genre stories, notes Arjun Menon.

How is Tata Motors gearing up to face competition?

How is Tata Motors gearing up to face competition?

Rediff.com8 Jan 2025

Why is Shailesh Chandra, managing director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, not worried about the competition?