News for 'Business Line'

Rohit's Slump, Kohli's Misjudgment: How India Crumbled At The MCG!

Rohit's Slump, Kohli's Misjudgment: How India Crumbled At The MCG!

Rediff.com30 Dec 2024

When you are defending to save a game, a loose delivery comes along and you suddenly opt to play an attacking shot, you are unlikely to hit as well as if you were playing your naturally aggressive game all along. First Pant, then Jaiswal, found that out the costly way, observes Prem Panicker.

France's Total not to make any fresh investment in Adani

France's Total not to make any fresh investment in Adani

Rediff.com26 Nov 2024

French energy giant TotalEnergies SE on Monday said it will make no new financial contribution as part of its investments in Adani group companies till the Indian firm's founder is cleared of bribery charges. The energy giant said it was not aware of the investigation into the alleged corruption. TotalEnergies is one of the biggest foreign investors in billionaire Gautam Adani's business empire and had previously taken stakes in the group's renewable energy venture Adani Green Energy Ltd (AEGL) and city gas unit Adani Total Gas Ltd (ATGL).

Bhool Bhulaiyaa 3 Trailer: Diwali Dampener

Bhool Bhulaiyaa 3 Trailer: Diwali Dampener

Rediff.com10 Oct 2024

Bhool Bhulaiyaa 3 fails to invoke any excitement, despite having two immensely watchable stars Madhuri Dixit and Vidya Balan at its centre, observes Mayur Sanap.

'In Equity Markets, One Has To Be Patient'

'In Equity Markets, One Has To Be Patient'

Rediff.com12 Nov 2024

'While investors need to be prepared for making some losses, they should not lose big money chasing euphoria amid fear of missing out.'

Shami's absence a big loss for India: Aus coach McDonald

Shami's absence a big loss for India: Aus coach McDonald

Rediff.com27 Oct 2024

Australia head coach Andrew McDonald believes the absence of Mohammed Shami during the marquee Border Gavaskar Trophy next month is a huge loss for India.

JSW MG to launch 4 luxury cars

JSW MG to launch 4 luxury cars

Rediff.com20 Sep 2024

The first luxury car will be launched in the first quarter of 2025 and the company is planning to open 12 'MG Select' showrooms in the next six months.

'Cricket is India's religion, but...'

'Cricket is India's religion, but...'

Rediff.com27 Nov 2024

World Athletics boss Sebastian Coe is quite aware that cricket is nothing short of "religion" in India but he feels it shouldn't be viewed as a "roadblock" for other sports

Should You Invest In SME IPOs?

Should You Invest In SME IPOs?

Rediff.com4 Oct 2024

'Many do not have robust business models, and their prospects of survival and long-term growth are poor.'

'Wounds Will Take Time To Heal In Manipur'

'Wounds Will Take Time To Heal In Manipur'

Rediff.com22 Nov 2024

'The visit of the honourable PM with the workable strategy towards conflict resolution will help greatly.' 'But visiting the state without concrete proposals may not bring the desired outcome at this stage.'

EPL PIX: Liverpool, Arsenal held to draws; Newcastle cruise

EPL PIX: Liverpool, Arsenal held to draws; Newcastle cruise

Rediff.com15 Dec 2024

Liverpool's Diogo Jota bagged a last-gasp equaliser to salvage a breathless 2-2 Edraw against Fulham.

2024: Top 10 International Films

2024: Top 10 International Films

Rediff.com7 Dec 2024

Aseem Chhabra lists his favourite 2024 films that he watched at film festivals held in Berlin, Cannes, Toronto and India.

The Shyam Benegal I Knew

The Shyam Benegal I Knew

Rediff.com23 Dec 2024

His cinema of compassion inspired me, gave me tools to develop empathy for others. But it also made me understand that serious, socially committed cinema with deeply engaging narratives and great performances is an art form to admire, appreciate and explore. Aseem Chhabra remembers Shyam Benegal, who passed into the ages on Monday evening.

BCCI abandons new Duleep Trophy format amid pressure

BCCI abandons new Duleep Trophy format amid pressure

Rediff.com29 Sep 2024

The Duleep Trophy is set to return to its traditional zonal from next year after the state units gave a thumbs down to the four-team concept introduced this season.

The key to rehab and recovery for cricketers is...

The key to rehab and recovery for cricketers is...

Rediff.com2 Oct 2024

In the last two years, top-of-the-line cricketers such as Rishabh Pant, Jasprit Bumrah, Shreyas Iyer, KL Rahul and Prasidh Krishna spent several months at the National Cricket Academy (NCA), which is now a CoE, to recover from their respective injuries, sitting out of some high-value matches.

Did You Know About Tatas' China Link?

Did You Know About Tatas' China Link?

Rediff.com17 Oct 2024

The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.

Bajaj Finance shares soar 4% as Q3 business update shows robust AUM growth

Bajaj Finance shares soar 4% as Q3 business update shows robust AUM growth

Rediff.com12 Jan 2024

Shares of Bajaj Finance sprinted 4.7 per cent to Rs 7,732 per share on the BSE in Thursday's (January 4) intra-day trade as the non-bank finance company's (NBFC's) December quarter business update reflected minimal impact of the Reserve Bank of India's ban on two of its lending products. The shares, eventually, ended 4.4 per cent higher at Rs 7,710 per share as against 0.69 per cent gain in the benchmark S&P BSE Sensex. The NBFC's asset under management (AUM) topped the Rs 3-trillion-mark at the end of December 2023, swelling by roughly Rs 20,700 crore (35 per cent year-on-year) to hit Rs 3.11 trillion-mark.

NBFC business has to hit the reset button after RBI strengthens norms

NBFC business has to hit the reset button after RBI strengthens norms

Rediff.com11 Dec 2023

"We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources," says Vimal Bhandari, executive vice-chairman and chief executive officer (CEO), Arka Fincap. The firm, a subsidiary of Kirloskar Oil, is only five years old and small (assets of around Rs 5,000 crore with an "AA" rating), but the response to this float will be closely watched: It would be the first by a non-banking finance company (NBFC) after Mint Road upped the risk weights on bank exposures to them by 25 percentage points. The move by the Reserve Bank of India (RBI) has caught NBFCs off guard even though the issue had been flagged by Governor Shaktikanta Das with their corner-room occupants (and that of banks) in July and August 2023 - on consumer credit and the dependency on bank borrowings.

Why John Wright enjoyed success as India coach!

Why John Wright enjoyed success as India coach!

Rediff.com7 Nov 2024

Former chairman of selectors Sandeep Patil feels John Wright's approach of giving a free-hand to players led to his successful coaching stint with India

Maruti, Tatas' Plans To Boost Car Sales

Maruti, Tatas' Plans To Boost Car Sales

Rediff.com21 Oct 2024

'The customer is fast changing, and she demands newer experiences that wealth can buy.'

Delhi's Pollution Nightmare!

Delhi's Pollution Nightmare!

Rediff.com18 Nov 2024

Clean air needs action all year round; and that it will work only if we act jointly and at scale, asserts Sunita Narain.

LIC may look at entering health, non-life insurance businesses

LIC may look at entering health, non-life insurance businesses

Rediff.com5 Jan 2023

The Life Insurance Corporation of India has the wherewithal to acquire a composite license, a top source aware of the development told Business Standard, adding that the insurance behemoth may look into entering the health and general insurance segments. "LIC has the scale, capacity, IT infrastructure, and the distribution reach to take advantage of the composite license. "LIC is looking at organic as well as inorganic growth opportunities.

Negative growth in fixed line phone business

Negative growth in fixed line phone business

Rediff.com29 Jul 2010

The top three fixed line players Bharat Sanchar Nigam Limited, Mahanagar Telephone Nigam Limited and Bharti Airtel reported a revenue decline.

Plane crashes into live power lines in US, triggers blackout

Plane crashes into live power lines in US, triggers blackout

Rediff.com28 Nov 2022

The plane crash resulted in an electricity cut-off that affected over 90,000 homes and businesses throughout Montgomery County.

EPL PIX: Manchester United rally to beat City; Chelsea win

EPL PIX: Manchester United rally to beat City; Chelsea win

Rediff.com16 Dec 2024

Manchester City have now won only once in 11 games in all competitions.

Cement Inc valuation hits new peaks despite weak earnings

Cement Inc valuation hits new peaks despite weak earnings

Rediff.com30 Oct 2024

There has been a sharp slowdown in revenue and profit growth in the cement sector in recent quarters but it is yet to show in the share prices of cement companies. On the contrary, there has been a rally in cement stocks and a re-rating of their equity valuation in the past three years despite an earnings contraction during the period.

HDFC AMC valuations ride on high-growth expectations

HDFC AMC valuations ride on high-growth expectations

Rediff.com24 Oct 2024

Although a one-off tax provision negatively impacted the bottom line, HDFC Asset Management Company (HDFC AMC) posted an excellent operational performance in Q2FY25. The equity quarterly average assets under management (QAAUM) growth was 14.7 per cent quarter-on-quarter (Q-o-Q). And, equity AUM market share rose 50 basis points (bps) year-on-year (Y-o-Y) to 12.9 per cent.

PIX: Manchester City lose to Juventus; Arsenal, Barcelona win

PIX: Manchester City lose to Juventus; Arsenal, Barcelona win

Rediff.com12 Dec 2024

Manchester City have one just victory from their last 10 games across all competitions.

'Never Put Anyone To Sleep During Sex'

'Never Put Anyone To Sleep During Sex'

Rediff.com12 Dec 2024

'Imagine having a conversation with your parents, where you say, "I want to break up with someone because he's bad in bed".'

What Makes Andaz Apna Apna Such Fun Even Today

What Makes Andaz Apna Apna Such Fun Even Today

Rediff.com8 Nov 2024

Andaz Apna Apna is practically the most quoted film since Sholay, observes Sukanya Verma, as she celebrates 30 years of this cult classic movie.

Protests Hit Retail Ahead of Durga Puja

Protests Hit Retail Ahead of Durga Puja

Rediff.com7 Sep 2024

West Bengal is home to 43,000 Durga Pujas, and the business around it is a major economic driver.

Zomato withdraws NBFC application, says no plans to pursue lending

Zomato withdraws NBFC application, says no plans to pursue lending

Rediff.com3 Jul 2024

Food and grocery delivery major Zomato has pulled the plug on its plan to enter the lending business. Zomato Financial Services, a wholly-owned subsidiary of Zomato, has withdrawn its application for a non-banking financial company (NBFC) licence with the Reserve Bank of India (RBI), stating that the company does not have plans to pursue lending in the future. "There is no material impact on the revenue/operations of the company and this disclosure is being made voluntarily," the Gurgaon-based company said in a regulatory filing on Tuesday.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

How Siraj can overcome struggles in home conditions

How Siraj can overcome struggles in home conditions

Rediff.com21 Oct 2024

The 30-year-old Hyderabadi, has so far taken 80 wickets in 30 Test matches but 61 of those scalps have come in 17 away Test matches in three of the SENA countries (South Africa, England, Australia).

Did Chances Of A Trump Win Spook Bezos?

Did Chances Of A Trump Win Spook Bezos?

Rediff.com31 Oct 2024

Did Jeff Bezos decide against endorsing Harris because it would hurt his business interests? Only God and Bezos know, and neither of them are talking, notes Prem Panicker.

Now, PAN As A Single Business ID

Now, PAN As A Single Business ID

Rediff.com19 Jan 2023

'Each state and central government body may be asked to update its system to ensure PAN is used as a common identification to access its services.'

Q-com's growth disrupting retail, say distributors

Q-com's growth disrupting retail, say distributors

Rediff.com27 Aug 2024

Fast-moving consumer goods (FMCG) distributors' association has written to the Ministry of Commerce and Industry, expressing its apprehensions that the "unchecked expansion" of quick commerce platforms was leading to severe disruptions in the retail ecosystem. India Consumer Products Distributors Federation on Thursday shot an email to the government, saying that significant challenges were posed by the rapid growth of quick commerce platforms such as Blinkit, Zepto and Instamart to the traditional retail sector and the FMCG distribution network in the country.

Analysts flag concerns over LIC's VNB margin

Analysts flag concerns over LIC's VNB margin

Rediff.com12 Aug 2024

Despite state-owned Life Insurance Corporation (LIC) reporting an improvement in value of new business (VNB) margin in Q1FY25, analysts believe the growth has not been satisfactory in the context of the insurer's medium-term targets on margins. VNB margin is a measure of profitability of life insurance companies. LIC's VNB margin improved by 20 basis points (bps) to 13.9 per cent in Q1FY25 over the same period last year due to a change in the business mix of the insurer.

Ratan Tata, Dreamer And Ideas Executor

Ratan Tata, Dreamer And Ideas Executor

Rediff.com26 Oct 2024

There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.

'He Was Not An 'I' Man At All'

'He Was Not An 'I' Man At All'

Rediff.com23 Oct 2024

'He was a practical person who ensured that he thought about the common man, animals, the fact that they have a life and they have to be respected.'

Unilever job cuts: HUL to assess parent's global initiatives for its biz

Unilever job cuts: HUL to assess parent's global initiatives for its biz

Rediff.com15 Jul 2024

Hindustan Unilever (HUL) will closely assess the global initiatives of its parent under the productivity programme and evaluate what works best for its business and people, said the company. The statement from HUL comes after its parent Unilever recently told its employees that it will cut a third of office-based jobs in Europe by the end of 2025. "We will closely assess the global initiatives of Unilever under the productivity programme and evaluate what works best for our business and our people," HUL told Business Standard.