News for 'Business Line'

'Rural demand for FMCG would come up in next quarter'

'Rural demand for FMCG would come up in next quarter'

Rediff.com15 Jun 2024

'We are seeing signs of improvement in rural overall in terms of demand, but I would still keep my fingers crossed.'

'Residential and hospitality are best-performing sectors'

'Residential and hospitality are best-performing sectors'

Rediff.com25 Jun 2024

'The overall market cycle is very positive.'

Haryana Goes For 10% Quota For Agniveers

Haryana Goes For 10% Quota For Agniveers

Rediff.com18 Jul 2024

The reservation would include a 10 per cent horizontal quota for Agniveers in the posts of constable, mining guard, forest guard, jail warden, and special police officers.

The Rise Of The Mid-Range Movie Hit

The Rise Of The Mid-Range Movie Hit

Rediff.com17 Jun 2024

While super hits like Jawaan are missing this year, it has been filled with a range of medium-range hits such as Crew, Teri Baaton Ne Uljhaa Diya and Guntur Kaaram, observes Vanita Kohli-Khandekar.

Tata Intl recasts business

Tata Intl recasts business

Rediff.com24 May 2006

'TCS Is Not A One-Trick Pony'

'TCS Is Not A One-Trick Pony'

Rediff.com26 Jul 2024

'We are sure FY25 is going to be better...But to call out that all problems are behind us is a bit early.' 'The underlying business sentiment has not changed significantly.'

'Aim is to double individual first-year premiums in 3 yrs'

'Aim is to double individual first-year premiums in 3 yrs'

Rediff.com27 Apr 2024

'Currently, our individual first premium would be in the Rs 3,000-Rs 3,200 crore range. We want to take that to about Rs 6,000 crore in three years.'

ISL: Bengaluru down East Bengal; Chennaiyin win

ISL: Bengaluru down East Bengal; Chennaiyin win

Rediff.com14 Sep 2024

Bengaluru FC's academy graduate Vinith Venkatesh scored the winner as the Blues picked up their first points of the ISL season with a 1-0 win over East Bengal.

Workers Hope For Second Innings At Ford Chennai Plant

Workers Hope For Second Innings At Ford Chennai Plant

Rediff.com18 Sep 2024

The chances of former workers getting jobs depends on the model under which Ford would restart its Chennai plant operations -- under Ford India or as a joint venture or under any other model.

Startups Likely To Step Up Hiring

Startups Likely To Step Up Hiring

Rediff.com4 Jul 2024

'In the second half of 2024, about 60% of startup jobs will be taken by entry-level candidates with 0-3 years of experience.'

Adani Group profit jumps 55% in FY24; eyes $90 bn investment in 10 years

Adani Group profit jumps 55% in FY24; eyes $90 bn investment in 10 years

Rediff.com31 May 2024

Adani group saw a 55 per cent profit surge in the fiscal year ended March 2024 as the apples-to-airport conglomerate is back on an expansion spree and eyeing a $90 billion capex over the next decade. Emerging from a damning report of a US short seller, which hit market value of its listed companies, Adani group in 2023-24 (April 2023 to March 2024) fiscal focused on containing debt, reducing founder share pledge and consolidating business in core competencies.

'RBI In No Hurry To Do Big Rate Cuts'

'RBI In No Hurry To Do Big Rate Cuts'

Rediff.com30 Sep 2024

'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'

I&B holds meet to discuss Big Tech revenue sharing

I&B holds meet to discuss Big Tech revenue sharing

Rediff.com13 Jun 2024

The ministry of information and broadcasting (I&B) on Wednesday held an inter-ministerial meeting with various departments to discuss issues regarding revenue sharing between Big Tech companies and digital news publishers, according to sources. The meeting - chaired by I&B Secretary Sanjay Jaju - invited senior officials from the ministry of corporate affairs (MCA), Competition Commission of India (CCI), ministry of electronics and information technology (Meity) and departments of promotion of industry and internal trade, legal affairs and consumer affairs.

Price hike, capex moderation key for further gains in Bharti Airtel stock

Price hike, capex moderation key for further gains in Bharti Airtel stock

Rediff.com18 Jun 2024

From its lows this month, the stock of Bharti Airtel is up 14 per cent. The gains for the telco have come on the back of expectations that market share consolidation, tariff hike and lower capex should boost margins and profits. While the company is a key player in the Indian market, it also has a leadership position in major markets of Africa.

Power Grid Corporation stock in expensive zone

Power Grid Corporation stock in expensive zone

Rediff.com12 Jun 2024

Power Grid Corporation of India (PGCIL) was one of the top Sensex gainers in trade on Monday, ending with gains of nearly 9 per cent. The stock has gained about 42 per cent year-to-date. For the March quarter, the company reported a revenue of Rs 12,000 crore, which was down 3 per cent year-on-year (Y-o-Y) but up 4 per cent quarter-on-quarter (Q-o-Q). The drop was on account of one-time arrears related to the Nagapattinam tariff bid competitive bidding (TBCB) project in Q4 FY23.

'Banks must be prepared for providing UPI credit'

'Banks must be prepared for providing UPI credit'

Rediff.com19 Jul 2024

'A credit line on UPI is going to make banks think about credit fundamentally as they digitise the credit process entirely.'

Do We Need Atmashakti At Work?

Do We Need Atmashakti At Work?

Rediff.com15 Oct 2024

'Alongside economic growth and the Asian century, stress has become an Asian caravan.' 'But stress doesn't arrive in one's country as invitation to taste exhaustion. It comes dressed as a challenge.' 'Its evangelists ask: Are you man enough to shoulder stress?' points out Shyam G Menon.

Rajiv Gandhi: 'I Trust Prabhakaran'

Rajiv Gandhi: 'I Trust Prabhakaran'

Rediff.com21 Oct 2024

As Prabhakaran was leaving his house, Rajiv Gandhi called his son Rahul and asked him to fetch his (Gandhi's) bulletproof jacket. He put the jacket on Prabhakaran's back and remarked with his usual charming smile: "Take care of yourself."

Team India Report Card: Ashwin 10/10, Jaiswal 10/10

Team India Report Card: Ashwin 10/10, Jaiswal 10/10

Rediff.com2 Oct 2024

How India's players fared in the Bangladesh Test series.

Softbank exits Paytm at loss of around $150 mn

Softbank exits Paytm at loss of around $150 mn

Rediff.com13 Jul 2024

Japan's Softbank investment arm Softbank Vision Fund exited from Paytm in the June quarter at a loss of around $150 million, sources aware of the development said. Softbank invested about $1.5 billion in One97 Communications -- the owner of Paytm brand -- in tranches in 2017. "Softbank has exited Paytm at a loss of 10-12 per cent.

How R&D Powers India's Himalayan-Altitude Flight

How R&D Powers India's Himalayan-Altitude Flight

Rediff.com13 Jul 2024

HAL's sustained, long-term income will come from the design, development, manufacture, overhaul, and upgrade of a family of helicopters designed for deployment on India's 21,000-foot-high Himalayan frontier with Pakistan and China.

'You Get Desensitised To Rejection'

'You Get Desensitised To Rejection'

Rediff.com29 Aug 2024

'You're going to have your own journey and that can be very beautiful.' 'It can also be very terrifying because there is no precedence.'

South Asia: It Is Climate Change, Stupid

South Asia: It Is Climate Change, Stupid

Rediff.com21 Sep 2024

India should encourage the second coming of SAARC with climate change as an urgent agenda and keeping Indian security concerns in mind as the subtext, suggest Lieutenant General Ashok Joshi (retd) and Colonel Anil Athale (retd).

What Will Modi Discuss At Quad Meeting?

What Will Modi Discuss At Quad Meeting?

Rediff.com20 Sep 2024

Saturday's Quad meeting in Delaware is taking place against the backdrop of China's assertive behaviour in the South China Sea, its sabre-rattling in the Taiwan Strait and increasing footprints in the Pacific and Indian Ocean, asserts Rup Narayan Das.

Railways To Revamp Signal Failure Protocols

Railways To Revamp Signal Failure Protocols

Rediff.com4 Jul 2024

The government will look to standardise rules around operations protocol during failure of automatic signalling.

Will Jammu And Kashmir See Assembly Elections In 2024?

Will Jammu And Kashmir See Assembly Elections In 2024?

Rediff.com5 Aug 2024

Although the Supreme Court has mandated the Centre to conduct the polls by the end of September, a spate of terrorist attacks in J&K could cause delays.

New base years for macros likely to kick in from Jan-Feb 2026

New base years for macros likely to kick in from Jan-Feb 2026

Rediff.com2 Jul 2024

Updated new base years for national accounts and other macro-indicators are expected to come into effect from January-February 2026, coinciding with the first and second advance estimates of national income for FY26, senior official sources aware of the development told Business Standard. "The statistics ministry set up the Advisory Committee on National Accounts Statistics (ACNAS) earlier this week. "It will advise on the base year for GDP (gross domestic product) and its alignment with other macro-indicators.

Yes Bank Q1 net profit surges 46.7% on lower provisions

Yes Bank Q1 net profit surges 46.7% on lower provisions

Rediff.com20 Jul 2024

Private sector lender Yes Bank on Saturday reported a 46.7 per cent growth in net profit to Rs 502 crore for the June 2024 quarter, helped by a reduction in provisions. The city-headquartered bank's core net interest income rose 12.2 per cent to Rs 2,000 crore. Its net interest margin stayed flat at 2.4 per cent.

Delhi basement tragedy: LS demands inquiry, RS defers debate

Delhi basement tragedy: LS demands inquiry, RS defers debate

Rediff.com29 Jul 2024

Officials have said an absence of drainage system and safety measures, and use of basement for commercial activities in violation of norms led to the death of three civil services aspirants at the coaching centre.

Changes to banking laws have a consumer tilt

Changes to banking laws have a consumer tilt

Rediff.com12 Aug 2024

Better protection for depositors and investors was one of the chief considerations in Union Finance Minister Nirmala Sitharaman introducing, on Friday, the Banking Laws (Amendment) Bill, 2024, in the Lok Sabha to amend four pieces of legislation. This amendment is also to improve audit quality in public-sector banks (PSBs), offer consistency in reporting by banks to the Reserve Bank of India (RBI), and provide for an increase in the tenure of directors in cooperative banks.

The Menace Of Road Rage

The Menace Of Road Rage

Rediff.com3 Sep 2024

I am happy I didn't knock anyone down, driving recklessly or trying to show off. However, in one instance of road rage (the consequence of arguing with a driver who disrespected my right to cross the road peacefully) I did find a man in a SUV taking his anger out on me by driving his vehicle over my feet, recalls Shyam G Menon.

'Kamala Harris Is Going To Win!'

'Kamala Harris Is Going To Win!'

Rediff.com29 Aug 2024

'The die is cast. The wave is for her.' 'We will win this. The numbers are going to be higher than people are saying.' 'It is going to be more closer to Obama's numbers than Biden's numbers.'

Budget Encourages Gold Rush

Budget Encourages Gold Rush

Rediff.com26 Jul 2024

'Customers are coming in; if they aren't buying, they are at least visiting the stores, which was not the case before the Budget.'

PIX: Real Madrid, Bayern win; Juventus held

PIX: Real Madrid, Bayern win; Juventus held

Rediff.com22 Sep 2024

Vinicius Jr came off the bench to score once and set up another goal to steer champions Real Madrid to a 4-1 fightback victory over Espanyol.

The Lives PSU Bankers Lead

The Lives PSU Bankers Lead

Rediff.com15 Jul 2024

A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay.

Brokerages raise targets on RIL stock post Q4

Brokerages raise targets on RIL stock post Q4

Rediff.com1 May 2024

Shares of Mukesh Ambani-owned Reliance Industries Limited (RIL) rose nearly 1 per cent on Tuesday, hitting an intraday high of Rs 2,986.05 per share, after most brokerages reacted positively to the company's March quarter (Q4FY24) results. The bullish outlook stems from Reliance Jio's potential tariff hikes, given the competitive landscape, along with slow but steady improvement in the oil-to-chemical (O2C) vertical.

Celebrating History: Mumbai's First Sarvajanik Bappa

Celebrating History: Mumbai's First Sarvajanik Bappa

Rediff.com12 Sep 2024

Mumbai's historic tryst with the Lord of Wisdom began at the Keshavji Naik Chawl in 1893.

PIX: Lewandowski 'tricks; Frankfurt defies Bayern

PIX: Lewandowski 'tricks; Frankfurt defies Bayern

Rediff.com7 Oct 2024

Roundup of the matches being held across major football leagues in Europe on Sunday

Apollo Hospitals to ride on healthy growth outlook

Apollo Hospitals to ride on healthy growth outlook

Rediff.com24 Aug 2024

Apollo Hospitals Enterprise (APH) delivered an in-line performance for the April-June quarter of the financial year 2024-2025 (Q1FY25)with growth in the number of patients. AHLL (Apollo Health & Lifestyle), a subsidiary, posted sales growth and profitability. APH also reduced operational costs at Healthco.

Must Watch: Stories From Around The World

Must Watch: Stories From Around The World

Rediff.com1 Oct 2024

Aseem Chhabra's Top 10 Films/ Series from TIFF 2024 includes films that he watched for the first time in Toronto. The films were impressive due to their rigor, passion, unique storytelling style and sometimes exploring the vulnerable sides of big name stars.