News for 'Consolidated'

Rebel MPs to meet Speaker to get recognition as 'real TMC'

Rebel MPs to meet Speaker to get recognition as 'real TMC'

Rediff.com12 Jun 2026

A group of dissident Trinamool Congress (TMC) MPs, led by Jagadish Chandra Barma Basunia, plans to meet Lok Sabha Speaker Om Birla to seek recognition as the 'real TMC' parliamentary group, claiming the support of 19 members amidst an escalating internal party crisis.

The Fragile Truth Behind India's Bull Market

The Fragile Truth Behind India's Bull Market

Rediff.com9 Jun 2026

The Indian stock market mythos of 36 years is wrapped in a diaphanous negligee, lashed together by a delicate, etheric sash of 1.6 bull markets. To make money from here on will require a ground invasion, trench by trench, rather than carpet bombing. Way more difficult, points out Shankar Sharma.

'Bibi, you better...': Trump warns Netanyahu over strikes on Iran

'Bibi, you better...': Trump warns Netanyahu over strikes on Iran

Rediff.com9 Jun 2026

US President Donald Trump has cautioned Israeli Prime Minister Benjamin Netanyahu that Israel risks international isolation if it resumes extensive military operations against Iran, following a volatile 24-hour period of escalating cross-border hostilities.

Unsinkable Aircraft Carrier Vs Real Aircraft Carrier

Unsinkable Aircraft Carrier Vs Real Aircraft Carrier

Rediff.com19 Jun 2026

While the Andaman and Nicobar islands serve as a vital, stationary asset for projecting power in the Indian Ocean, referring to them as an unsinkable aircraft carrier ignores key military and geopolitical limitations, explains Commodore Venugopal Menon (retd).

Higher input costs, price hikes may play spoilsport for HUL

Higher input costs, price hikes may play spoilsport for HUL

Rediff.com12 May 2026

Hindustan Unilever (HUL) exceeded consensus estimates in Q4FY26, driven by lower overheads and 6 per cent consolidated volume growth. However, the company anticipates further price hikes to counter an expected 8-10 per cent material cost inflation, while maintaining a mid-term margin guidance of 22.5-23.5 per cent.

Ola Electric's Q1 Registrations Outpace Q4, Signalling Strong Rebound

Ola Electric's Q1 Registrations Outpace Q4, Signalling Strong Rebound

Rediff.com25 May 2026

Ola Electric is experiencing a significant rebound in the June quarter, with vehicle registrations in Q1 FY27 already exceeding the total registrations for Q4 FY26, indicating a strong recovery in demand.

'Challenges Are Not New To Us'

'Challenges Are Not New To Us'

Rediff.com18 May 2026

'Unfortunately the treasury is empty, in zero. So we have to first make money for the development activities of the state, and also to continue the welfare measures.'

Andreeva beats Chwalinska to win French Open title

Andreeva beats Chwalinska to win French Open title

Rediff.com6 Jun 2026

Russia's Mirra Andreeva became the youngest Roland Garros women's singles winner since Monica Seles in 1992, to claim the French Open title and her maiden Grand Slam crown.

'Himanta Biswa Sarma Is the Answer': Sushmita Dev

'Himanta Biswa Sarma Is the Answer': Sushmita Dev

Rediff.com11 Jun 2026

'It's a bit uncertain. Let's see what happens. But he is the top man of Assam, and since my politics is in Assam, I thought it's best to seek his guidance before I take any decision.'

'Tamil Nadu Has Produced Most Dramatic Political Debut'

'Tamil Nadu Has Produced Most Dramatic Political Debut'

Rediff.com6 May 2026

'This is a major rupture in Tamil Nadu's political order.' 'For the Dravidian parties, the message is clear: The old DMK-AIADMK binary is no longer guaranteed a future.'

India Women Aim For Series Lead Against Australia

India Women Aim For Series Lead Against Australia

Rediff.com28 May 2026

The Indian women's hockey team aims to take the lead in their four-match series against Australia in Perth. After a loss and a shootout win, India looks to improve their penalty corner conversion rate and secure a victory ahead of major upcoming tournaments.

BPCL earmarks Rs 25,000 crore capex for FY27, finds 'respite' in fuel price hike

BPCL earmarks Rs 25,000 crore capex for FY27, finds 'respite' in fuel price hike

Rediff.com20 May 2026

State-run Bharat Petroleum Corporation Ltd (BPCL) plans a significant capital expenditure of 25,000 crore for the financial year 2026-27, primarily for ongoing expansion projects. The company also stated that the recent 4-per-litre price hike in petrol and diesel has provided some financial relief amidst volatile crude oil prices and mounting losses.

Can Srini Pallia Revive Wipro?

Can Srini Pallia Revive Wipro?

Rediff.com2 Jun 2026

'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'

A star is born! Mirra Andreeva comes of age with Grand Slam crown

A star is born! Mirra Andreeva comes of age with Grand Slam crown

Rediff.com7 Jun 2026

Mirra Andreeva announced herself as the latest member of women's tennis's elite on Saturday, defeating surprise finalist Maja Chwalinska to become the youngest French Open champion in more than three decades.

Mamata reaches out to rebels to save TMC from historic split

Mamata reaches out to rebels to save TMC from historic split

Rediff.com5 Jun 2026

Mamata Banerjee is actively trying to prevent further defections from the TMC after a significant split, personally contacting rebel MLAs and deploying MPs for damage control. The crisis, stemming from a challenge to Abhishek Banerjee's influence, sees rebels trying to maintain Mamata's symbolic leadership while consolidating their own position, marking a critical period for the party's future.

How BJP turned TMC's structural cracks into a sweeping mandate

How BJP turned TMC's structural cracks into a sweeping mandate

Rediff.com5 May 2026

The BJP's landslide victory in West Bengal has not merely redrawn the electoral map but overturned the operating logic of politics in the state, breaching the TMC's entrenched fortress despite a decade-and-a-half of dominance, minority consolidation, and a sustained "outsider" narrative.

Want To Own Ultra-Exclusive Cars?

Want To Own Ultra-Exclusive Cars?

Rediff.com15 Jun 2026

'I own a few cars that I have had specified minutely to my taste, and it does feel nice to know that there are no other vehicles like them anywhere in the world.'

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Rediff.com18 May 2026

Credit card transactions in India have surged over 2.6 times between 2021 and 2025, reaching 570 crore volumes and Rs 23.2 lakh crore in value, with private sector banks significantly increasing their market share, according to a recent RBI report.

Did split in minority votes help BJP in Bengal?

Did split in minority votes help BJP in Bengal?

Rediff.com5 May 2026

A significant 7.87 per cent increase in the BJP's vote share in West Bengal, reaching 45.84 per cent, propelled the party to secure an additional 130 assembly seats, bringing their total to 207, while the Trinamool Congress experienced a 7.22 per cent decline, losing 135 seats and falling to 80.

Biocon eyes in-licensing to boost biosimilars portfolio, targets margin expansion

Biocon eyes in-licensing to boost biosimilars portfolio, targets margin expansion

Rediff.com9 May 2026

Biocon is actively seeking in-licensing opportunities to expand its biosimilars portfolio, focusing on products that complement existing therapy areas, as the company shifts to a 'consolidate' phase with a strong emphasis on improving capacity utilisation, expanding margins, and driving return on capital employed.

How AI Will Reshape The IT Services Industry, According To Coforge

How AI Will Reshape The IT Services Industry, According To Coforge

Rediff.com7 May 2026

Coforge believes that the rapid adoption of AI is disrupting the traditional labour model but also creating new high-margin opportunities in the IT services industry.

Paytm Turns Profitable, Focuses On AI Integration

Paytm Turns Profitable, Focuses On AI Integration

Rediff.com7 May 2026

Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.

Robert Vadra Appeals Summons In Money Laundering Case

Robert Vadra Appeals Summons In Money Laundering Case

Rediff.com13 May 2026

Businessman Robert Vadra has approached the Delhi High Court to challenge a trial court's decision to summon him in connection with a money laundering case related to a land deal in Shikohpur, Haryana.

Bharat Forge: Diversified Portfolio Fuels Optimistic Growth Projections

Bharat Forge: Diversified Portfolio Fuels Optimistic Growth Projections

Rediff.com17 May 2026

Bharat Forge reported modest Q4FY26 results but provided strong guidance, anticipating significant growth from its defence, aerospace, and data centre segments, with a projected 25 per cent revenue growth in Indian manufacturing for FY27, despite current high valuations.

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Government slashes expenditure by Rs 60,000 crore to achieve FY26 fiscal deficit goal

Rediff.com2 Jun 2026

The Indian central government has reduced its total expenditure by approximately 60,000 crore in FY26, below its revised estimate, to successfully achieve the fiscal deficit target of 4.4 per cent of gross domestic product (GDP), according to the latest data from the Controller General of Accounts (CGA).

Robert Vadra Withdraws Plea In Money Laundering Case

Robert Vadra Withdraws Plea In Money Laundering Case

Rediff.com18 May 2026

Businessman Robert Vadra unconditionally withdrew his petition in the Delhi High Court challenging a trial court order that summoned him in a money laundering case linked to a land deal in Haryana's Shikohpur.

From 215 to 20: How Mamata's political empire fell in a month

From 215 to 20: How Mamata's political empire fell in a month

Rediff.com4 Jun 2026

Mamata Banerjee's Trinamool Congress is grappling with an unprecedented political crisis following its recent electoral defeat, which has seen a significant number of its legislators openly challenging her authority and forming a rebel faction.

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Rediff.com2 Jun 2026

Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.

BJP's Assam Sweep Redrew Political Map

BJP's Assam Sweep Redrew Political Map

Rediff.com12 May 2026

The 2026 election appears to have reinforced a new political formula in Assam: Strong organisation, continuous grassroots engagement, effective alliance management and welfare-based voter outreach.

What The Opposition Must Learn From Mamata's Defeat

What The Opposition Must Learn From Mamata's Defeat

Rediff.com6 May 2026

'If the Opposition associates itself too much with the minorities, then it becomes easy for the BJP to get Hindu consolidation votes.'

RIL Q4: O2C Slump, Retail Drag to Cap Performance, Jio to See Steady Gains

RIL Q4: O2C Slump, Retail Drag to Cap Performance, Jio to See Steady Gains

Rediff.com24 Apr 2026

Reliance Industries is expected to report largely flat performance for its fourth quarter (January-March, Q4) of FY26, with weakness in the oil-to-chemicals (O2C) business and muted retail growth likely to offset steady gains in the telecommunications segment.

PharmEasy's parent has a new playbook: Profit first, growth second

PharmEasy's parent has a new playbook: Profit first, growth second

Rediff.com27 May 2026

API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.

Nestle India shares jump over 7% as Q4 FY26 net profit rises 27.18%

Nestle India shares jump over 7% as Q4 FY26 net profit rises 27.18%

Rediff.com21 Apr 2026

FMCG major Nestle India reported a significant 27.18 per cent increase in consolidated net profit for the March quarter of FY26, reaching Rs 1,110.9 crore, driven by record domestic sales and a substantial boost in advertising investments, leading to a more than 7 per cent surge in its share price.

ITC's Net Profit Up 6.1% in Q4FY26, Driven by Cigarettes and FMCG

ITC's Net Profit Up 6.1% in Q4FY26, Driven by Cigarettes and FMCG

Rediff.com22 May 2026

ITC reported a 6.1 per cent year-on-year growth in its consolidated adjusted net profit from continuing operations, reaching ~5,469.74 crore in the January-March quarter (Q4FY26), primarily fuelled by strong performances in its cigarettes and non-cigarette fast-moving consumer goods (FMCG) businesses.

Indian Equities Extend Losses as Geopolitical Tensions, FII Outflows Weigh

Indian Equities Extend Losses as Geopolitical Tensions, FII Outflows Weigh

Rediff.com8 May 2026

Indian equity markets, including the Sensex and Nifty, experienced a significant downturn for the second consecutive day, driven by escalating geopolitical tensions in West Asia and persistent foreign fund outflows.

Strong outlook may sustain valuations for Godrej Consumer

Strong outlook may sustain valuations for Godrej Consumer

Rediff.com15 Apr 2026

Godrej Consumer Products Ltd (GCPL) delivered a robust Q4FY26 performance, with steady demand in India and signs of stabilisation in international markets, despite persistent inflationary pressures. The company expects to maintain profitability in FY27 through strategic cost management and pricing adjustments.

TaMo PV profit slumps 32% on JLR headwinds

TaMo PV profit slumps 32% on JLR headwinds

Rediff.com15 May 2026

Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.

ED Opposes Robert Vadra's Plea In Money Laundering Case

ED Opposes Robert Vadra's Plea In Money Laundering Case

Rediff.com14 May 2026

The Enforcement Directorate has opposed Robert Vadra's petition in the Delhi High Court, challenging a trial court order that summoned him in a money laundering case linked to a land deal in Haryana's Shikohpur.

Sidda's journey: From Janata Parivar to Karnataka's longest-serving CM

Sidda's journey: From Janata Parivar to Karnataka's longest-serving CM

Rediff.com28 May 2026

Siddaramaiah, a veteran politician with roots in the Janata Parivar, has had a remarkable journey, consolidating his position in the Congress party to become the longest-serving Chief Minister of Karnataka.

Magnus Carlsen Defeats Gukesh As Praggnanandhaa Stays Second

Magnus Carlsen Defeats Gukesh As Praggnanandhaa Stays Second

Rediff.com29 May 2026

Magnus Carlsen defeated D Gukesh at the Norway Chess tournament, while R Praggnanandhaa secured second place after beating Vincent Keymer. In the women's event, Divya Deshmukh lost to Anna Muzychuk, and Koneru Humpy continued to struggle.