News for 'Business Line'

What Gave Ratan Tata Great Pleasure

What Gave Ratan Tata Great Pleasure

Rediff.com14 Oct 2024

'I get enormous pleasure from seeing the uplift of an underprivileged or poor person.' 'I feel elated when I walk on the street and see someone who pushes a handcart talking on a cell phone.' A revealing glimpse from Peter Casey's The Story of Tata: 1968 to 2021.

Airfares Rise By 53% As Competition Fades

Airfares Rise By 53% As Competition Fades

Rediff.com5 Sep 2024

Indigo has zero competition on 61.2 per cent of its 838 domestic routes.

Mahindra Q1 net rises 20% to Rs 3,283 crore

Mahindra Q1 net rises 20% to Rs 3,283 crore

Rediff.com31 Jul 2024

Mahindra & Mahindra on Wednesday posted a 20 per cent increase in its consolidated net profit at Rs 3,283 crore for the first quarter ended June 30, 2024. The Mumbai-based company had reported a profit after tax of Rs 2,745 crore in the year-ago period. Revenue rose 10 per cent year-on-year to Rs 37,218 crore as compared to Rs 33,892 crore in the June quarter of last fiscal, the company said.

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.

TaMo makes upgrade to EV easier through used car marketplace

TaMo makes upgrade to EV easier through used car marketplace

Rediff.com1 Oct 2024

The company has the largest car park in EVs in India, estimated to be around 170,000 units. As a pilot, it has already started work with used online car marketplace Spinny.

'Can A Car Mechanic Earn Rs 12 LPA?'

'Can A Car Mechanic Earn Rs 12 LPA?'

Rediff.com28 Oct 2024

rediffGURU Radheshyam Zanwar, founder of Zanwar Classes, helps aspirants prepare for competitive exams such as MHT-CET, IIT-JEE and NEET-UG.

'India's influence in Bangladesh will remain strong'

'India's influence in Bangladesh will remain strong'

Rediff.com8 Aug 2024

BJP leader and India Foundation founder Shaurya Doval said there may be certain perceptions that need to be set right initially as India "went long on relations with Sheikh Hasina".

Big Steel Boys Pushing Future Mobiility Pedal

Big Steel Boys Pushing Future Mobiility Pedal

Rediff.com11 Aug 2024

From setting up cutting-edge facilities to cater to the domestic market and building capabilities of global standards, the action is building up.

One killed, 5 hurt in Manipur rocket attacks; forces on alert

One killed, 5 hurt in Manipur rocket attacks; forces on alert

Rediff.com6 Sep 2024

The rocket which fell on the compound of former chief minister Mairembam Koireng's residence seemed to be an improvised one.

Maruti to drive deep into small towns via Arena Satellite showrooms

Maruti to drive deep into small towns via Arena Satellite showrooms

Rediff.com3 Sep 2024

Maruti Suzuki India (MSIL) plans to open new Arena Satellite showrooms as the country's largest carmaker aims to tap small towns and new markets, said a senior company executive, amid signs of recovery in rural demand and an approaching festival season. Senior executive officer for marketing and sales MSIL, Partho Banerjee, told Business Standard the company was aiming to penetrate deeper into markets and reach closer to its customers. "We have already had a concept of mobile showrooms in the Arena channel.

Sha'Carri Wins Her First Gold At Last!

Sha'Carri Wins Her First Gold At Last!

Rediff.com10 Aug 2024

Powered by awesome running from her team members Olympic 200m Gold medalist Gabby Thomas, 100m Bronze medalist Melissa Jefferson and Twanisha Terry, Sha'Carri Richardson ran a super fast final leg to ensure that the US won its first Olympic gold medal in the 4x100 relay since 2016.

Munambam: The Politics Of Waqf Land

Munambam: The Politics Of Waqf Land

Rediff.com27 Nov 2024

The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.

J-K polls: Secret to BJP's multi-crore bizman Devender Rana's win

J-K polls: Secret to BJP's multi-crore bizman Devender Rana's win

Rediff.com8 Oct 2024

Once a trusted lieutenant of the former National Conference president Omar Abdullah and his political advisor during his tenure as chief minister, Rana holds considerable sway among Muslims, particularly the Gujjar community in Jammu.

Ashwin-Jadeja: The 'Tango and Cash' of Indian cricket

Ashwin-Jadeja: The 'Tango and Cash' of Indian cricket

Rediff.com20 Sep 2024

'Hunting in pairs' is an often-used maxim about fast bowlers, but Ravichandran Ashwin and Ravindra Jadeja have given a new spin to it, consistently troubling the opposition in more ways than one.

The Pradeeps Of Pittsburgh Review: Unfunny

The Pradeeps Of Pittsburgh Review: Unfunny

Rediff.com18 Oct 2024

If a show about Gujaratis or Indians in the US had to be made, it could have been more authentic, sighs Deepa Gahlot.

Ducati Racetrack in Noida Soon?

Ducati Racetrack in Noida Soon?

Rediff.com24 Aug 2024

Ducati would like to develop a motorbike racetrack on the lines of the Buddh International Circuit.

'Kamala Has A Very Strong Connect With India'

'Kamala Has A Very Strong Connect With India'

Rediff.com6 Nov 2024

'This victory would mean a huge inspiration for the next generation who can say that coming from India I can be anybody I want to be if I work hard and acquire the right skills.' 'They could be the next President, members of the Senate, or another Sundar Pichai.'

Mankind Pharma to lead in Indian women's health market after BSV deal

Mankind Pharma to lead in Indian women's health market after BSV deal

Rediff.com29 Jul 2024

New Delhi-based pharmaceutical major Mankind Pharma is poised to take pole position in women's health portfolio in the India Pharma Market (IPM) after completing the Rs 13,630 crore deal to acquire Bharat Serums and Vaccines (BSV), senior company officials said. The deal potentially opens doors for Mankind Pharma to the overseas markets, which currently draws 92 per cent of its revenues from India. The combined entity will draw around 13 per cent revenues from the international market, with the remaining coming from the domestic market.

Urban Realtors Ride Redevelopment Bandwagon

Urban Realtors Ride Redevelopment Bandwagon

Rediff.com8 Oct 2024

15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.

Near-term outperformance likely to sustain for Polycab and Havells

Near-term outperformance likely to sustain for Polycab and Havells

Rediff.com27 Jul 2024

However, the Polycab share price is up by nearly 80 per cent while Havells' has risen by 39 per cent. The Sensex has gained 26 per cent in this period. The Q1FY25 results were in line for both companies.

'Volume of AI Deals Is Growing Massively'

'Volume of AI Deals Is Growing Massively'

Rediff.com26 Jul 2023

'There is not one discussion with a client without a discussion around AI. They all have it on their mind.'

The Woman Who Lost Everything

The Woman Who Lost Everything

Rediff.com13 Nov 2024

When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.

Business growth remains robust for Bajaj Finance, M&M Financial Services

Business growth remains robust for Bajaj Finance, M&M Financial Services

Rediff.com12 Oct 2023

MMFS is looking at a compounded annual growth rate (CAGR) of 18 per cent in assets under management (AUM) during FY23 to FY26 on the back of the strong recovery. The company has initiated risk-mitigating initiatives, including diversification into non-vehicle loans, building digital capacity and re-classification of customer profiles into affluent and mass-affluent in semi-urban segments to better target marketing.

With Veero M&M aims to expand LCV portfolio

With Veero M&M aims to expand LCV portfolio

Rediff.com19 Sep 2024

Priced at Rs 7.99 lakh for the entry-level product, M&M has launched the diesel and CNG variants of Veero, and an electric version will come in the future.

'A Big Sound Like That Of A Bomb'

'A Big Sound Like That Of A Bomb'

Rediff.com30 Sep 2024

'The facility works on Apple's iPhone and everything is damaged -- CNC machines, computers and CCTVs worth crores.'

Kamal@70: The Motto He Believes In

Kamal@70: The Motto He Believes In

Rediff.com7 Nov 2024

'Kamal has surfed and navigated a lot of tidal waves, manoeuvring the peaks and troughs, combining rare intelligence and commonly available intuitions to overcome unimaginable crises all his life.' 'There is no looking back at the past, for his only motto has been 'Tomorrow belongs to us'!'

Babar, Afridi Denied Permission To Play In Canada

Babar, Afridi Denied Permission To Play In Canada

Rediff.com20 Jul 2024

Babar Azam, Shaheen Afridi and Mohammad Rizwan have been denied permission by the PCB to play in the Global T20 in Canada.

Adani to invest Rs 1.3 lakh cr in FY25 across portfolio companies

Adani to invest Rs 1.3 lakh cr in FY25 across portfolio companies

Rediff.com26 Jun 2024

Adani group plans to invest about Rs 1.3 lakh crore across its portfolio companies this fiscal as it doubles down on its $100 billion investment guidance over the next 7-10 years to grow businesses, group CFO said on Tuesday. The investment across portfolio companies that range from ports to energy, airports, commodities, cement and media will be 70 per cent met through internal cash generation and the remaining through debt, Group CFO Jugeshinder 'Robbie' Singh told reporters in Ahmedabad.

'No Intention Of A Takeover in British Telecom'

'No Intention Of A Takeover in British Telecom'

Rediff.com22 Aug 2024

'We operate in 16 countries already, and therefore adding the UK to it, and beginning a chapter in the European continent is the next step.'

'Depending on the product, the pricing pressure will always be there'

'Depending on the product, the pricing pressure will always be there'

Rediff.com3 Jun 2024

'That is a significant milestone for us and something we aspired for.'

Rising demand for ACs pushes up Voltas stock

Rising demand for ACs pushes up Voltas stock

Rediff.com10 Jul 2024

The stock of Voltas, the country's largest room air- conditioner (RAC) maker, is up 22 per cent in the past three months. Robust demand on the back of a sweltering summer, distribution expansion, slew of launches and backward integration are expected to forge a good operating performance for the company. In the core RAC segment, there are multiple triggers for the company.

'Bharat Serums and Vaccines portfolio can touch Rs 5K cr in 3-4 years'

'Bharat Serums and Vaccines portfolio can touch Rs 5K cr in 3-4 years'

Rediff.com9 Aug 2024

'Mankind's experience, sharpness, and execution will make it happen. We are not going for short-term gains.'

Vidhya's Grand Shillong Diwalis

Vidhya's Grand Shillong Diwalis

Rediff.com31 Oct 2024

Vidhya Pant remembers the Diwalis celebrated in her home in Shillong in the 1960s.

Security measures cripple Paris restaurants ahead of Olympics

Security measures cripple Paris restaurants ahead of Olympics

Rediff.com22 Jul 2024

Paris restaurants struggle in Olympic security zones

Review Your Mutual Fund Portfolios!

Review Your Mutual Fund Portfolios!

Rediff.com19 Aug 2024

'If their allocation to certain segments have become high due to strong returns over the past three-four years, they should rebalance their portfolios and bring them in line with their long-term asset allocation.'

Amazon India creates 110K seasonal jobs ahead of festivals

Amazon India creates 110K seasonal jobs ahead of festivals

Rediff.com14 Sep 2024

E-commerce firm Amazon India has announced the creation of over 110,000 seasonal job opportunities across its operations network as it prepares to serve millions of customers throughout India during the upcoming festival season. These positions include both direct and indirect roles in cities such as Mumbai, Delhi, Pune, Bengaluru, Hyderabad, Kolkata, Lucknow, and Chennai, among others. Notably, Amazon has hired thousands of women and nearly 1,900 individuals with disabilities into its existing network.

Jobs, Agnipath Scheme, Farmer, Wrestler Protests

Jobs, Agnipath Scheme, Farmer, Wrestler Protests

Rediff.com4 Oct 2024

'Till a few years ago, girls wouldn't take an autorickshaw alone. Now, things have improved.'

Recalled envoy speaks out: Canada backstabbed India

Recalled envoy speaks out: Canada backstabbed India

Rediff.com24 Oct 2024

Calling Canada's behaviour 'the pits', India's recalled high commissioner Sanjay Verma says India was backstabbed and treated in a most unprofessional manner by a country that is supposed to be a friendly democracy.

Where Are Business Leaders To Power The India Story?

Where Are Business Leaders To Power The India Story?

Rediff.com6 Apr 2023

What do we need more of: Leaders who dominate global institutions or local leaders with a 'Make-in- India' mindset?

The Machine That Saved Tanishq

The Machine That Saved Tanishq

Rediff.com29 Aug 2024

Stories are legion about the Karatmeter's use at that time. Hundreds of people standing in queue for testing, customers breaking down after discovering the actual purity of their jewellery and then becoming irate about the jeweller who had gypped them, the local jewellery industry leaning heavily on the Tanishq franchisees to desist from using it, some jewellers even threatening violent action.