News for 'FY18'

'Investors: Be prepared for volatility in 2018'

'Investors: Be prepared for volatility in 2018'

Rediff.com2 Jan 2018

'The outcome of next year's assembly elections, macroeconomic indicators/corporate earnings growth and global events could keep the markets choppy.'

Pakistan's economic woes don't allow a conflict with India

Pakistan's economic woes don't allow a conflict with India

Rediff.com6 Mar 2019

The country has been facing an ever-rising fiscal deficit, increasing debt and a hamstrung economy.

Hotels see demand boom, but struggling to hike room rates

Hotels see demand boom, but struggling to hike room rates

Rediff.com24 Jul 2018

Hoteliers are tweaking their pricing strategies to adjust to the new stickiness in the market.

Mukesh's 2025 vision sees Reliance doubling its growth

Mukesh's 2025 vision sees Reliance doubling its growth

Rediff.com20 Jul 2018

The strong correlation between its sales (revenue or turnover) and crude oil prices (average for the financial year) suggests that Ambani may be proved right.

LIC's investment in private sector at 16-year low

LIC's investment in private sector at 16-year low

Rediff.com26 Sep 2019

This is despite the private sector companies outperforming their public sector counterparts, reports Sachin P Mampatta.

DeMo, GST blues over, demand revives for capital goods cos

DeMo, GST blues over, demand revives for capital goods cos

Rediff.com29 Mar 2018

L&T is the preferred pick, but given the opportunities in the power T&D space analysts are also positive on KEC, ABB and Kalpataru

How govt plans to fund the mother of all highway projects

How govt plans to fund the mother of all highway projects

Rediff.com21 Feb 2019

Over the years, NHAI's expenses have spiraled due to sharp increase in land acquisition costs, while budgetary support has shrunk, leading it to fall back on internal resources and market borrowings

How diamond industry stands to gain from GST cut

How diamond industry stands to gain from GST cut

Rediff.com23 Sep 2019

Blocked working capital worth Rs 1,500 crore, in the almost-defunct job work diamond polishing units, is expected to be released even as diamantaires will issue fresh orders to such units following the GST relief.

Domestic air passenger volume sniffs at 127 mn in FY19, up 14.27%

Domestic air passenger volume sniffs at 127 mn in FY19, up 14.27%

Rediff.com22 Apr 2019

Budget carrier IndiGo continued to be the largest player with a market share of 46.9 per cent ferrying 54 lakh passengers in March.

Rate cuts may adversely impact bank margins

Rate cuts may adversely impact bank margins

Rediff.com11 Jan 2017

While rate cuts may increase churn between banks, these may not boost credit offtake meaningfully.

Ashwani Lohani to take charge as AI chief for second time

Ashwani Lohani to take charge as AI chief for second time

Rediff.com13 Feb 2019

It was during his tenure that Air India made its first operating profit of Rs 105 crore in FY17 since the merger of Indian Airlines and Air India in 2007.

Passenger vehicle sales grow slowest in 4 years

Passenger vehicle sales grow slowest in 4 years

Rediff.com9 Apr 2019

It came on the back of tepid dispatches in the March quarter as consumer sentiment took a knocking, owing to uncertainty ahead of the general election.

Why India Inc is unwilling to hire women

Why India Inc is unwilling to hire women

Rediff.com22 Nov 2019

The lack of a strong diversity policy on the part of companies, a limited pool of women candidates as well as socio-cultural factors contribute to their low numbers.

Why NRIs are so gung-ho about buying property in India

Why NRIs are so gung-ho about buying property in India

Rediff.com12 Nov 2018

NRI demand would help offset the liquidity problem, which is presently affecting realty sales.

Should've asked Cong FMs: Sitharaman on Rahul's RBI remark

Should've asked Cong FMs: Sitharaman on Rahul's RBI remark

Rediff.com27 Aug 2019

The committee had eminent people on it and making any allegations like this is 'outlandish', Sitharaman said.

The REAL story behind zero #MeToo cases

The REAL story behind zero #MeToo cases

Rediff.com16 Nov 2018

Audit firms such as KPMG believe zero complaints may be an indicator of the lack of requisite mechanism to allow for such reporting

'If you are a long-term investor, this is not the time to add risk'

'If you are a long-term investor, this is not the time to add risk'

Rediff.com1 Oct 2017

Sanjay Mookim, India equity strategist at Bank of America Merrill Lynch, tells Puneet Wadhwa that this is not a time for investors to dabble in relatively small and illiquid stocks.

Now is the time to focus on mid and small-caps

Now is the time to focus on mid and small-caps

Rediff.com13 Jan 2020

Long-term investors should consider moving into smaller stocks. Rather than try to pick stocks, it makes sense to build a diversified portfolio by exposure across midcap and small caps funds, suggests Devangshu Datta.

Take decisive action against terror groups: US tells Pakistan

Take decisive action against terror groups: US tells Pakistan

Rediff.com9 Jan 2018

"Our expectations are straight forward: Taliban and Haqqani leadership and attack planners should no longer be able to find safe haven or conduct operations from Pakistani soil," Pentagon Press Secretary Army Col Rob Manning told reporters during an off-camera news conference.

Scooter sales get a major boost from rural India

Scooter sales get a major boost from rural India

Rediff.com23 Jan 2018

In first 9 months of FY18, scooter sales grew by 18.5%, the number may jump further as more women join workforce

Bumpy roads ahead for Renault; even Kwid has hit speed breaker

Bumpy roads ahead for Renault; even Kwid has hit speed breaker

Rediff.com18 Jan 2018

After a spectacular show in 2016, Kwid's sales have contracted by 20 per cent during the April-December period of FY18 to 65,572 units.

'We urge Indian investors to stay cautious'

'We urge Indian investors to stay cautious'

Rediff.com8 Dec 2016

'...and defensive until the global macro headwinds turn more benign.'

Govt meets divestment target for 2nd year running. Here's how

Govt meets divestment target for 2nd year running. Here's how

Rediff.com9 Apr 2019

While divestment through IPOs saw an over 90 per cent drop as compared to the previous financial year, the exchange traded fund (ETF) route proved to be a shot in the arm for the government, reports Sundar Sethuraman.

TCS Q1 net profit falls 5.9% to Rs 5,945 crore

TCS Q1 net profit falls 5.9% to Rs 5,945 crore

Rediff.com13 Jul 2017

The company, however, posted a marginal increase of 1 per cent in its consolidated revenue at Rs 29,584 crore

India's IT industry staring at jobless growth

India's IT industry staring at jobless growth

Rediff.com25 Jul 2017

Growing protectionism in their main markets - the US and the UK - has forced them to hire local workers, upending the cost arbitrage model they had built their business on.

How IndiGo plans to spread its wings

How IndiGo plans to spread its wings

Rediff.com24 Jan 2019

The airline will be inducting large number of A321s this year which will be largely used on international routes and high density domestic routes.

RIL to invest $16 billion in petchem expansion

RIL to invest $16 billion in petchem expansion

Rediff.com10 Oct 2014

Barclays said the refinery would, however, now need to find new sources for the energy for its internal uses.

PMC Bank MD admits to under-reporting HDIL's bad loans

PMC Bank MD admits to under-reporting HDIL's bad loans

Rediff.com26 Sep 2019

Joy Thomas stated that one large account -- HDIL -- was the sole reason for the present crisis that led to the regulatory action on Tuesday when Reserve Bank of India superseded its management and placed it under an administrator for the next six months.

Analysts recommend: Stay put in SBI, associates

Analysts recommend: Stay put in SBI, associates

Rediff.com17 Feb 2017

The consolidated entity can target good growth FY18 onwards, analysts say.

'Equity returns in 2018 will be lower'

'Equity returns in 2018 will be lower'

Rediff.com27 Nov 2017

'We think FY18 will end with a 10 to 12 per cent earnings growth, but FY19 will see a recovery to over 15 per cent.'

Financial woes clip Air India's wings

Financial woes clip Air India's wings

Rediff.com13 Aug 2018

$3.6 billion worth of aircraft - by today's prices - are lying idle or are in hangers due to poor maintenance and management

RBI may drop dividend next year

RBI may drop dividend next year

Rediff.com5 Sep 2019

The Malegam committee on the RBI's capital adequacy had suggested that the RBI must move away from its methodology to calculate the foreign exchange gains to a weighted average cost-based valuation method. Central bank may done away with provisioning requirements, to enable higher transfer of surplus in the 2017-18 fiscal, analysts say.

'Earnings growth will need to pick up to attract foreign flows'

'Earnings growth will need to pick up to attract foreign flows'

Rediff.com26 Oct 2017

Given the strong growth in Asia and easy monetary stance taken by central banks other than the US Federal Reserve (US Fed), overseas investors will soon start re-investing in risky assets, says Abhiram Eleswarapu, head of equity research, BNP Paribas Securities India.

China, Iran will now get a taste of UP's famous Dussehri mangoes

China, Iran will now get a taste of UP's famous Dussehri mangoes

Rediff.com8 May 2018

UP has 14 mango belts in Lucknow (Lucknow, Malihabad, Bakshi-ka-Talaab), Saharanpur and Sambhal-Amroha-Muzaffarnagar districts. Apart from Dussehri, the other major varieties in UP comprise Langda, Chausa, Amprapali and Mallika.

RBI rate hike a 'win-win' situation for markets, banks, says SBI report

RBI rate hike a 'win-win' situation for markets, banks, says SBI report

Rediff.com3 Aug 2018

The SBI report ruled out a October rate hike

Debt of 195 companies now exceeds market cap

Debt of 195 companies now exceeds market cap

Rediff.com26 Aug 2019

These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.

5 events the markets may react to in 2017

5 events the markets may react to in 2017

Rediff.com23 Dec 2016

Demonetisation impact, earnings growth, central bank policies will get attention.

'Bond market likely to see a major correction'

'Bond market likely to see a major correction'

Rediff.com5 Oct 2017

It was a roller-coaster week for the markets, amid talk of a fiscal stimulus by the government. Saurabh Mukherjea, chief executive officer, and Prashant Mittal, strategist, at Ambit Capital tell Puneet Wadhwa the recent flows into equity mutual funds are largely speculative in nature and pose a risk of reversal.

IL&FS scam: Major setback for the accounting firms

IL&FS scam: Major setback for the accounting firms

Rediff.com9 Aug 2019

The auditors -- the local arms of the Big Four global firms Deloitte Haskins & Sells and KPMG which has BSR & Associates as an affiliate here-had challenged the jurisdiction of the NCLT to ban them.

How Infy plans to capture the digital market

How Infy plans to capture the digital market

Rediff.com10 Sep 2018

As IT majors face a decline in their legacy business, they are realigning their sales strategies to push up revenues from newer technologies.