News for 'FY18'

The many challenges facing Sandeep Bakhshi, ICICI Bank's new COO

The many challenges facing Sandeep Bakhshi, ICICI Bank's new COO

Rediff.com19 Jun 2018

In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy

US plan to cap H-1B visas can be devastating

US plan to cap H-1B visas can be devastating

Rediff.com21 Jun 2019

The proposed annual quota for Indian companies could be between 10 and 15 per cent. Currently, there are no country-specific limits on H-1B allotment.

Paytm to hire 500 techies for marketplace consolidation

Paytm to hire 500 techies for marketplace consolidation

Rediff.com8 Apr 2019

Amid news that the company was planning to scale down its online marketplace business and eventually exit it, Paytm Mall is targeting Rs 10,000 crore in business over the next 12 months, says Karan Choudhury.

Subsidy on kerosene will cease to exist from 2020

Subsidy on kerosene will cease to exist from 2020

Rediff.com15 Dec 2017

The kerosene subsidy is expected to decline by 40 per cent from Rs 7,595 crore in 2016-17 to Rs 4,500 crore this financial year.

'Stop complaining,' BJP boss tells India Inc

'Stop complaining,' BJP boss tells India Inc

Rediff.com10 Sep 2017

Take part in the growth story, Amit A Shah tells Corporate India.

Bharat punctures hopes of boost in FMCG demand

Bharat punctures hopes of boost in FMCG demand

Rediff.com4 Aug 2019

Recent data from market analytics firm Nielsen shows that the rural market in the country's 630,000-odd villages is pulling down the overall FMCG business.

Why RBI won't change rates even in February

Why RBI won't change rates even in February

Rediff.com7 Dec 2017

The supply-side driven inflationary pressures, from food or fuel prices, would be mitigated by a neutral stance and a prolonged pause on rates, says Gaurav Kapur.

Land acquisition a major hurdle for India's infra, energy sectors

Land acquisition a major hurdle for India's infra, energy sectors

Rediff.com10 May 2018

According to data shared with the Lok Sabha, 19 road projects awarded after May 2014 were facing delays

Reskilling is core to our strategy at Tech Mahindra: C P Gurnani

Reskilling is core to our strategy at Tech Mahindra: C P Gurnani

Rediff.com21 Feb 2018

C P Gurnani, CEO & MD of Tech Mahindra, India's fifth-largest IT services company, tells B Dasarath Reddy that the company is exploring both ways as it looks at bringing in best of the breed technologies to offer to global clients.

Commodity rally likely to hurt India's growth story

Commodity rally likely to hurt India's growth story

Rediff.com3 May 2018

Cascading effect of rising raw materials will result in inflation, high rates, slow capex

Will Captur change Renault's fortunes in India?

Will Captur change Renault's fortunes in India?

Rediff.com14 Nov 2017

A lot rides on this new vehicle for Renault, the seventh largest player in domestic passenger vehicle market, as its brand new SUV takes on Maruti Suzuki Brezza, Hyundai Creta and Ford EcoSport.

Sanjay Gandhi's sugar mill hopes Maneka will revive its fortunes

Sanjay Gandhi's sugar mill hopes Maneka will revive its fortunes

Rediff.com14 May 2019

The business of volume can be a win or a loss for a sugar mill as India's sugar market is heavily controlled by the government.

'Stock markets' reaction to poll outcomes is similar'

'Stock markets' reaction to poll outcomes is similar'

Rediff.com4 Dec 2018

'... Whether an incumbent is voted back or a coalition forms a new government except for a temporary disruption for a few weeks.'

Boeing gives Jet Airways a helping hand

Boeing gives Jet Airways a helping hand

Rediff.com21 Aug 2018

'Boeing has returned some cash to the airline which will help it improve the current liquidity crisis.'

Could the next rebound be the mother of all bull runs?

Could the next rebound be the mother of all bull runs?

Rediff.com11 Apr 2018

'The business of investing is essentially about competent doubt management: If the market knocks off 3,000 points, the doubt will be whether it will ever rebound (making it one man's doubt against another man's conviction),' says Mudar Pathreya.

Fiscal deficit likely to be close to target

Fiscal deficit likely to be close to target

Rediff.com23 Jan 2018

Accounting for the first Advance Estimates for 2017-18, an additional planned borrowing of Rs 200 billion, the fiscal deficit could come in at 3.35 per cent of GDP.

Top executives earn 3,000 times more than average staff

Top executives earn 3,000 times more than average staff

Rediff.com13 Aug 2018

The top companies with a striking gap in pay between the senior-most executives and median employees in 2017-2018 belonged mostly to sectors such as information technology, auto and engineering.

UBS sees Nifty at 8,200 by year-end

UBS sees Nifty at 8,200 by year-end

Rediff.com5 Jan 2016

'The recovery process for the Indian economy would be gradual'.

E-travel firms to top $10 bn bookings in FY19

E-travel firms to top $10 bn bookings in FY19

Rediff.com21 Nov 2018

The increase in bookings has also meant a significant reduction in overall costs for the online travel agencies and a consequent narrowing of losses.

Tatas' independent directors highest paid in industry

Tatas' independent directors highest paid in industry

Rediff.com12 Nov 2018

Five of the 10 best-paid independent directors belonged to the Tata group, followed by four from Reliance Industries and one from Wipro.

Less-cash drive launched in DeMo gets boost in Budget

Less-cash drive launched in DeMo gets boost in Budget

Rediff.com7 Feb 2019

In an otherwise agriculture- and public health-focused Union Budget 2018-19, artificial intelligence, machine learning, blockchain technology, internet of things -- jargons that found little or no mention in the previous Budgets -- managed to make their presence felt.

Will PSU bank shares be a good buy now?

Will PSU bank shares be a good buy now?

Rediff.com29 Jun 2016

A section of analysts feel now may not be a bad time to buy select PSBs.

Now, an app to help you face whatever life throws at you

Now, an app to help you face whatever life throws at you

Rediff.com19 Sep 2017

Shameen Alauddin finds out more about Touchkin which has raised $1.3 million to develop an artificial intelligence coach for your behavioural and mental health.

TCS looks at India to chip in more as cost of executing onshore projects spikes

TCS looks at India to chip in more as cost of executing onshore projects spikes

Rediff.com19 Jan 2019

Under its Agile business model, the company has started using its off-shore base up to the extent of 90 per cent which, along with several other measures, will benefit its operating margins, said Chief Operating Officer N Ganapathy Subramaniam.

CBDT probes 50 IRS officers for suggesting to tax super-rich

CBDT probes 50 IRS officers for suggesting to tax super-rich

Rediff.com26 Apr 2020

In a statement, the CBDT, which is the apex policy making body for direct tax policies, said it has never asked IRS Association or these officers to prepare such a report and no permission was sought by them before making the report public. 'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report.

September sees car sales fall for 3rd consecutive month

September sees car sales fall for 3rd consecutive month

Rediff.com15 Oct 2018

Scooters, once the fastest growing sub-segment, also declined for the second consecutive month in September.

India's 6 most cash-rich promoters; Azim Premji is No 1

India's 6 most cash-rich promoters; Azim Premji is No 1

Rediff.com11 Jan 2019

India's cash-rich promoters are not the same as the wealthiest. For example, Mukesh Ambani is the richest Indian based on his stake in Reliance Industries, followed by Premji, the Adani family of the Adani group, and Radhakishan Damani of Avenue Supermarts.

Bonanza for infra sector; gets record Rs 3.96 lakh crore funding

Bonanza for infra sector; gets record Rs 3.96 lakh crore funding

Rediff.com1 Feb 2017

Jaitley said an effective multi-modal logistics and transport system will "make our economy more competitive.

It's growth vs fiscal deficit once again

It's growth vs fiscal deficit once again

Rediff.com17 Sep 2017

The government has spent a little less than one-third of the Budget estimate of capital expenditure, it can still spend about Rs 20,000 crore this year without disturbing its fiscal deficit target.

What you should do when markets crash

What you should do when markets crash

Rediff.com7 Feb 2018

Stick to export-focussed plays, large-caps, say analysts

'We will quickly pass on the benefit of lower GST to consumers'

'We will quickly pass on the benefit of lower GST to consumers'

Rediff.com15 Nov 2017

A strong supporter of the new tax regime, Adi Godrej tells Viveat Susan Pinto the second half of FY18 will be even better for consumer goods companies as challenges abate.

Is TCS moving too fast, too soon?

Is TCS moving too fast, too soon?

Rediff.com31 Jan 2018

Street may be ignoring TCS headwinds as the stock's peak valuation doesn't seem justified by BFSI weakness, likely higher US tax rates and stronger rupee, reports Ram Prasad Sahu.

Range-bound fiscal targets can confuse markets, says Nomura

Range-bound fiscal targets can confuse markets, says Nomura

Rediff.com23 Mar 2016

In the Budget speech, Arun Jaitley had first spoken about the need to have a range.

World's busiest air route is right here in India!

World's busiest air route is right here in India!

Rediff.com23 Jan 2018

In 2017 only the Jeju-Seoul Gimpo route (with over 64,991 flights) and Melbourne-Sydney (54,519 departures and arrivals) were busier than Mumbai-Delhi.

Stocks falter on rate hike fears; realty, power tank

Stocks falter on rate hike fears; realty, power tank

Rediff.com4 Jun 2018

HDFC Bank was the top loser in the Sensex pack, falling 2.99 per cent, followed by Adani Ports at 2.87 per cent.

Nasscom cautions over revamp of lottery system for H-1B visas

Nasscom cautions over revamp of lottery system for H-1B visas

Rediff.com19 Apr 2017

The proposed changes are forward-looking and non-specific, said Nasscom

Higher fiscal deficit: Rating agencies frown at fine-print

Higher fiscal deficit: Rating agencies frown at fine-print

Rediff.com1 Mar 2015

Jaitley said govt would achieve 4.1% fiscal deficit target in FY15.

ICICI Bank Q4 consolidated net profit up 2.45% at Rs 1,170 crore

ICICI Bank Q4 consolidated net profit up 2.45% at Rs 1,170 crore

Rediff.com6 May 2019

The bank, which has suffered reverses following a massive spike in dud assets and also the dismissal of its chief executive Chanda Kochhar over governance issues, however, hinted that the worse is behind.

Home sales crash by 18% in Q2 y-on-y

Home sales crash by 18% in Q2 y-on-y

Rediff.com26 Oct 2017

Pune, Noida, Bengaluru, Chennai, Hyderabad, Kolkata and Ahmedabad witnessed a decline in sales as well as launches, while only two cities, Mumbai and Gurugram, saw a rise in demand and supply.

From cow's milk to frozen veggies, Patanjali's product range gets wider

From cow's milk to frozen veggies, Patanjali's product range gets wider

Rediff.com14 Sep 2018

Patanjali's packet milk to be lower than competitor brands by Rs 2 a litre