News for 'FY18'

'Farmers must get proper returns for labour, time, investment'

'Farmers must get proper returns for labour, time, investment'

Rediff.com20 Dec 2017

State Bank of India (SBI) chairman Rajnish Kumar, in conversation with Abhijit Lele, also says that the overhang of corporate debt stress will begin to recede in the next two-three quarters.

Why the Street continues to be pessimistic about NBFcs

Why the Street continues to be pessimistic about NBFcs

Rediff.com24 Apr 2019

Liquidity has improved, but 20 out of 24 NBFC stocks are staring at an over 5% reduction in 12-month target prices.

How EPFO subscribers will gain from equity investment

How EPFO subscribers will gain from equity investment

Rediff.com24 Nov 2017

The 15% invested every month in equity would be allotted to subscribers in the form of units.

'If Congress wins Gujarat, markets could tank 10%'

'If Congress wins Gujarat, markets could tank 10%'

Rediff.com12 Dec 2017

A'Market valuation is another concern.'
'India is trading at steep valuations and there have been a number of IPOs, especially in the insurance sector, that have had an impact on secondary market liquidity.'

2 key reasons why PSUs will pay lower dividend in FY19

2 key reasons why PSUs will pay lower dividend in FY19

Rediff.com20 Mar 2018

Rising oil prices and diminishing cash pile to limit capacity in 2018-19

Why IndiGo dropped plans to buy plane

Why IndiGo dropped plans to buy plane

Rediff.com24 Oct 2018

Lessor market sources said with the fuel prices remaining high, IndiGo would get better rates for the fuel-efficient A320neos.

'Economy really needs a booster shot'

'Economy really needs a booster shot'

Rediff.com24 Nov 2017

'One of the biggest issues the Indian economy faces right now is of job creation...' 'The nexus between growth and employment has to be closed...' 'In the absence of a manufacturing expansion, the alternative is to have the service sector as the driver of both GDP as well as employment growth.'

Tata Steel records highest ever levels of revenues and Ebitda

Tata Steel records highest ever levels of revenues and Ebitda

Rediff.com1 Jul 2019

The steelmaker's India basket grew after Tata Steel completed its acquisition of Bhushan Steel under the Insolvency and Bankruptcy Code process and its subsidiary, Tata Sponge, acquired Usha Martin.

DeMo woes: Textile mills staring at a bleak future as sales slump

DeMo woes: Textile mills staring at a bleak future as sales slump

Rediff.com22 Feb 2017

Recovery seen in Q4, companies continue to focus on enhancing cash flow

MFI profitability hit by note ban, says ICRA report

MFI profitability hit by note ban, says ICRA report

Rediff.com27 Jan 2017

Collection dived to 75-80% in November-December from 99% after demonetisation.

CSB-Fairfax deal: Prem Watsa ready to pay more

CSB-Fairfax deal: Prem Watsa ready to pay more

Rediff.com3 May 2018

Watsa, who has always believed in founders and management of the companies he invests in, has said that he restarted talks for the Catholic Syrian Bank deal due to CEO C V R Rajendran's initiatives

Maruti, M&M, Tata Motors begin new fiscal on a strong note

Maruti, M&M, Tata Motors begin new fiscal on a strong note

Rediff.com2 May 2018

In the two wheeler segment, TVS Motor Company reported a 24 per cent increase in total sales at 304,795 units in April.

How Skoda plans to make India its 5th-largest market

How Skoda plans to make India its 5th-largest market

Rediff.com16 Mar 2019

With a presence in the value segment, better service quality, and lower ownership cost, Skoda India's director of sales and marketing Zac Hollis aims to make important changes. He tells Arindam Majumder how he plans to make India the company's fifth-largest market by 2023.

Will HPCL, too, get the coveted Maharatna status?

Will HPCL, too, get the coveted Maharatna status?

Rediff.com11 Mar 2019

If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.

All about the media-shy half-brother of Ratan Tata

All about the media-shy half-brother of Ratan Tata

Rediff.com25 Feb 2019

Noel Tata likes to relax at his Alibaug beach home on weekends, but he is equally passionate about driving on the Mumbai-Pune Expressway at a speed of over 100 kilometres per hour.

BHEL's buyback offer: Why investors should tender their shares

BHEL's buyback offer: Why investors should tender their shares

Rediff.com1 Nov 2018

The buyback price is at around 28 per cent premium to the current market price of Rs 67 on the Bombay Stock Exchange

RBI rate cut: Banks won't pass full benefits to YOU

RBI rate cut: Banks won't pass full benefits to YOU

Rediff.com19 Feb 2019

'The effect will be seen two-three quarters down the line.'

Finally, domestic banks see light amid NPA gloom

Finally, domestic banks see light amid NPA gloom

Rediff.com20 Aug 2018

After showing a consistent rise in the previous 4 quarters, gross NPAs of 40 listed bank declined to Rs 10.03 trillion at the end of June 2018, from Rs 10.25 trillion in the previous quarter.

The blind spot on India's biggest banking whodunit

The blind spot on India's biggest banking whodunit

Rediff.com8 Feb 2019

The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.

CSR spending: India Inc's pathetic track record

CSR spending: India Inc's pathetic track record

Rediff.com25 Jul 2018

Companies that have a net worth of at least Rs 500 crore, a turnover of Rs 1,000 crore or a net profit of Rs 5 crore are required to spend 2 per cent of their net profits on corporate social responsibility programmes.

Will 2020 bring cheer to Indian banking sector?

Will 2020 bring cheer to Indian banking sector?

Rediff.com30 Dec 2019

Amid slowdown blues, the government has unveiled a raft of measures over the past few months aimed at improving liquidity in the system, moderating interest rates as well as credit growth apart from addressing stress in the NBFC sector.

Hot Buys: IT, FMCG, auto, metal stocks

Hot Buys: IT, FMCG, auto, metal stocks

Rediff.com4 May 2018

The surge in IT, auto and FMCG stocks were led by investors seeking safety against market volatility.

5 reasons why Goldman Sachs downgraded Indian equities

5 reasons why Goldman Sachs downgraded Indian equities

Rediff.com18 Sep 2018

Stretched valuations and slowdown in DII flows are some of the reasons why Goldman Sachs cut its India rating to 'market-weight'

Finally some good news! IMF, World Bank peg 2017-18 GDP at 6.7%

Finally some good news! IMF, World Bank peg 2017-18 GDP at 6.7%

Rediff.com23 Jan 2018

"Growth is expected to moderate gradually in China... pick up in India, and remain broadly stable in the Asean-5 region."

How Hindustan Unilever plans to fight toxic ads

How Hindustan Unilever plans to fight toxic ads

Rediff.com7 Apr 2019

By toxic, the reference is to material that whips up hatred, is discriminatory in nature and has explicit sexual and pornographic content.

How loan waivers will hurt the states

How loan waivers will hurt the states

Rediff.com27 Dec 2018

Among the states due for election next year are AP, Haryana and Odisha, which have a fair share of agri credit. If these states individually announced debt relief, the combined waiver would be at least around Rs 600 bn to Rs 700 bn. Clearly, this will be a frightening challenge for Indian banks.

'India is still fastest growing large economy'

'India is still fastest growing large economy'

Rediff.com14 Dec 2018

'A growth of above 7 per cent when the fundamentals of the economy are becoming stronger still makes India the fastest growing large economy.'

India's 2nd-largest job provider is today gasping for growth

India's 2nd-largest job provider is today gasping for growth

Rediff.com7 Jun 2019

Particularly hit has been the apparel sector, where the time taken by the industry to adjust to the Goods and Services Tax regime, downward revision of export incentives, and a credit squeeze faced by small and medium scale enterprises, has pushed production downwards.

Demonetisation woes drag on for small finance banks

Demonetisation woes drag on for small finance banks

Rediff.com6 Jun 2018

Microfinance portfolio of SFBs saw a muted growth of about 3% last year

Crude oil imports rise 16.4 pc under Modi Sarkar

Crude oil imports rise 16.4 pc under Modi Sarkar

Rediff.com5 Jun 2018

'Reliance on crude oil is still very high. Globally, natural gas is 25 per cent of the energy basket. In India, it has fallen to 6.5 per cent, from 11 per cent in 2014.'

2,500 cops deployed in Thoothukudi for Sterlite firing anniversary

2,500 cops deployed in Thoothukudi for Sterlite firing anniversary

Rediff.com22 May 2019

To mark the first anniversary of the Sterlite firing anniversary -- 13 people died and several were injured when the Tamil Nadu police fired on a large crowd protesting -- various organisations will hold rallies and meetings in the port city.

RBI: Banks' NPAs still too high for comfort

RBI: Banks' NPAs still too high for comfort

Rediff.com2 Jan 2019

'The banking sector appears to be on course to recovery,' declares the RBI governor.

Real possibility of govt delaying fiscal deficit targets: Fitch

Real possibility of govt delaying fiscal deficit targets: Fitch

Rediff.com8 Dec 2015

The government has to take difficult decisions in the budget, which can include cutting subsidies to curb expenditure on items like fertilisers and also upping revenues.

Hyundai will drive into new 'pollution-free' office in 2020

Hyundai will drive into new 'pollution-free' office in 2020

Rediff.com17 Jul 2018

The two-acre office complex under construction on the outskirts of Delhi will be home to about eight hundred company executives. Special care is being given to air purification and the building will be equipped with a three-stage air filter system.

How YOU help India reduce fiscal deficit

How YOU help India reduce fiscal deficit

Rediff.com19 Feb 2019

Post office savings deposit, recurring deposit accounts and the senior citizen savings scheme account have shown the highest growth in the current financial year.

Top four IT firms double net staff addition in Q2

Top four IT firms double net staff addition in Q2

Rediff.com2 Nov 2018

The record in net addition from the top four was in 2016-17, of 59,427 employees.

RIL's midas touch is missing in overseas oil & gas assets

RIL's midas touch is missing in overseas oil & gas assets

Rediff.com16 Oct 2017

The company had assets in countries like Yemen, Peru, Oman, Myanmar, Columbia, East Timor, Kurdistan and Australia, but it exited almost all these blocks later as part of its portfolio rationalisation

India's exports contract, but trade deficit falls to 5-month low

India's exports contract, but trade deficit falls to 5-month low

Rediff.com16 Oct 2018

September import growth was the second lowest this fiscal year, after the April growth figures of 4.6 per cent, bringing the trade deficit down to $13.98 billion

Will IPOs this year give huge returns?

Will IPOs this year give huge returns?

Rediff.com3 Apr 2018

The most sought-after IPOs of 2017-2018 reap handsome gains for investors, but will IPOs this year do well after listing?

Your holiday Guiddoo

Your holiday Guiddoo

Rediff.com23 Jun 2017

Available on both Android and iOS, the company has partnered with Cleartrip and Yatra. Shameen Alauddin reports.