The UK government on Sunday announced that it will support "iconic British brand" Jaguar Land Rover (JLR) with a loan guarantee of up to 1.5 billion pounds to give certainty to the Tata Motors owned carmaker's supply chain following a devastating cyber-attack. The loan will come from a commercial bank, backed by the Department for Business and Trade's (DBT) Export Development Guarantee (EDG), provided by export credit agency UK Export Finance, to be paid back over five years.
Credit quality of Indian corporate is expected to be stable in the second half of the current financial year (H2FY26), supported by easing monetary cycle, and declining inflation, coupled with income-tax relief and rationalisation of the goods and service tax (GST) rates, among others.
'I disagree with much of Modi's politics, but it cannot be denied that in these years in office, he has carved more than a niche for himself in history,' points out Nilanjan Mukhopadhyay, author, Narendra Modi: The Man, The Times.
Every 1 per cent per annum of investment costs is a matter of life or death, points out Avinash Luthria.
'Every party want to contest more seats, nothing wrong in it. We have to compromise to take all together as the NDA.'
The Supreme Court on Wednesday refused to hear a plea seeking a first information report (FIR) against high court judge Yashwant Varma in connection with the discovery of cash from this official residence in the capital.
The Delhi High Court has withdrawn the judicial work of Justice Yashwant Varma "with immediate effect" after allegations of a large amount of cash being found at his residence following a fire. The Supreme Court had previously uploaded an inquiry report, including photos and videos, regarding the allegations.
India's decorated off-spinner Ravichandran Ashwin failed to fetch any buyers for himself and went unsold in the ILT20 Season 4 auction on Wednesday.
The Enforcement Directorate has said it seized cash of Rs 1.70 crore and documents related to immovable assets during searches conducted against Jaypee Infratech Ltd (JIL), Jaiprakash Associates Ltd (JAL) and other entities in an alleged homebuyers' fraud case linked money laundering investigation. The raids were carried out at 15 premises in Delhi, Noida, Ghaziabad and Mumbai on May 23 under the Prevention of Money Laundering Act (PMLA).
After three straight quarters of decline, India's housing market is pinning hopes on the ongoing festival season to revive sales momentum. While 2025 may still end with sales volumes below 2024 levels, developers believe the seasonally strong October-December quarter could narrow the gap, aided by stable interest rates, festive incentives, and resilient demand in the premium segment.
Three senior leaders of the banned CPI (Maoist) surrendered to the Telangana police. The leaders cited health issues, ideological differences, and changing socio-political circumstances as reasons for their surrender. The Telangana DGP appealed to other underground Maoist cadres to return to the mainstream.
Arsenal marked Mikel Arteta's 300th game in charge with a convincing 2-0 home victory over West Ham United in the Premier League on Saturday.
The Delhi Fire Services Chief Atul Garg has stated that no cash was found during firefighting operations at the residence of Delhi High Court Justice Yashwant Varma. The fire occurred on March 14 and was contained within a storeroom. The Supreme Court collegium has initiated an inquiry against Varma following allegations of a large stash of cash being discovered at his residence during the fire.
Rajesh Patel, 57, said he collected nearly 70 tolas of gold ornaments, which would be priceless for the victims' kin, Rs 50,000 and a few US dollars from the scene of the deadly aviation tragedy and handed them over to the police.
Ahead of India game, Alyssa Healy derives confidence from Australia's incredible depth
The settlement cycle for cash, derivatives, and securities lending and borrowing mechanism (SLBM) segments has been revised after September 5 and September 8 were declared as settlement holidays by clearing corporations, markets regulator Sebi said on Monday.
Substitute Gabriel Martinelli scored a late goal to help Arsenal hold Manchester City to a 1-1 draw in a blockbuster English Premier League fixture, in London, on Sunday.
rediffGURU T S Khurana answers readers' personal income tax queries
The Supreme Court has dismissed a Public Interest Litigation (PIL) seeking the registration of an FIR over the alleged discovery of burnt wads of cash at the official residence of Delhi High Court judge Yashwant Varma. The court said an in-house inquiry was underway and there would be several options open to the Chief Justice of India after the probe's conclusion.
Punjab Kings have been setting themselves up to win the Indian Premier League and not settle for third place, asserted bowling coach James Hopes.
The Enforcement Directorate (ED) has arrested an agent based in Uttar Pradesh for allegedly defrauding investors through the 'QFX' Ponzi scheme. The agent, Navab Hassan, has been remanded to ED custody for nine days. This is the second arrest in the case, which involves multiple FIRs across several states.
The exit of Larsen & Toubro (L&T) from the Hyderabad Metro is a long-term positive for the stock. It could be a bullish trigger, alongside higher international orders, and new opportunities in segments like defence and data centres.
'The more you bat in England, the better it is because you never feel you are set in England.'
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
'They are positioned as defensive products and can potentially give marginally higher returns than liquid funds.'
Macrotech Developers (Lodha), the country's second-largest listed real estate company, exceeded its 2024-25 (FY25) guidance, aided by a strong pre-sales performance in the January-March quarter (Q4), driven by launches. The company had guided for Rs 17,500 crore in pre-sales for FY25 and surpassed that with bookings of Rs 17,630 crore.
The imposition of a 100 per cent tariff by the US on imports of branded and patented pharmaceutical products starting October 1 may not significantly hurt Indian drug makers, with Sun Pharma being exposed to some headline risk but with limited earnings impact, according to analysts. Among Indian companies, only Sun Pharma has sizeable sales from patented drugs in the US (about 17 per cent of 2024-25 revenue), HSBC Global Investment Research said in a report.
Mutual funds (MFs) - flush with cash amid record inflows in July - invested heavily in the Rs 25,000-crore qualified institutional placement (QIP) of India's largest lender State Bank of India (SBI). Fund managers acquired SBI shares worth Rs 10,200 crore last month, making the lender their biggest buy in July.
Indian drugmakers Eris Lifesciences, Wockhardt and Lupin are prepping to cash in when Danish company Novo Nordisk bows out of the human insulin pen market by the end of this year and creates an opportunity estimated to be worth Rs 600-800 crore in the domestic market. Some self-use disposable pens are pre-filled with insulin and others can be reused with new cartridges.
Murders disguised as accidents. In one horrifying case, a man insured his father, mother, and wife -- then allegedly killed them all. He claimed Rs 54 crore in insurance.
Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.
"India are the best team in Asia and in the world": Afghanistan all-rounder Gulbadin Naib
'Market momentum and investor interest are at unprecedented levels, making this the opportune moment.'
As a protege of Shinzo Abe, Takaichi is expected to scale bilateral ties much higher. Trade and investment shall grow. People-to-people contacts shall be scaled up, points out Dr Rajaram Panda.
This marks a rebound after more than two years of underperformance during a strong rally in smallcap stocks.
Clubbed with Thailand, Bangladesh and Malaysia in Group A, India comfortably advanced to the final, defeating Bangladesh 64-23, Thailand 76-21, and Malaysia 73-19 to top their pool with three wins.
India's top information- technology (IT) services companies, all cash-rich, have been tightfisted about ploughing back their earnings in new projects or acquisitions and the bulk of the profits have been distributed to shareholders through dividend and share buybacks. In the past 10 years (that is, excluding the current one), the firms have reinvested in growth and expansion only around 13.5 per cent of the cash flow generated from their operations.
Have you ever thought about how some investors always manage to find well-performing stocks before everyone else? They seem to have an eye for finding companies that aren't in the media but still deliver returns. These are called hidden stock opportunities, and the shortcut to finding them is all about knowing where and how to look. In this article, let's walk through some practical tips for finding these stocks in the share market.
How a Legendary Commando's Downfall Began with a Simple Meal: The Tale of Bajrang Singh's Capture.
Security forces in Manipur have launched a major crackdown on the banned People's Liberation Army (PLA) following an ambush on an Assam Rifles convoy. Fifteen cadres have been arrested, including suspects directly involved in the attack. Investigations are underway to determine if the PLA has political patronage and if weapons looted during ethnic clashes are being used against security forces.
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