News for 'Financial Establishments'

Indians Work More Than Chinese!

Indians Work More Than Chinese!

Rediff.com14 Feb 2025

The average Indian works 46.7 hours per week, surpassing even China's 46.1 hours. In some sectors, the numbers are even more staggering.

What drove Toyota Kirloskar profit 3x in FY24

What drove Toyota Kirloskar profit 3x in FY24

Rediff.com5 Sep 2024

Toyota Kirloskar Motor (TKM) has reported a consolidated net profit of Rs 4,787 crore for 2023-24 (FY24) - more than three times the earnings recorded the previous year. This growth can be attributed to robust demand for its vehicles, particularly hybrid models and cross-badged cars from the Toyota-Suzuki alliance.

Trump withdraws from WHO, Paris accord, again

Trump withdraws from WHO, Paris accord, again

Rediff.com21 Jan 2025

Notably Trump had withdrawn from the Paris Agreement immediately after his first inauguration in January 2017. Joe Biden reversed that decision later.

RG Kar ex-principal's nexus with co-accused caused loss to govt: CBI

RG Kar ex-principal's nexus with co-accused caused loss to govt: CBI

Rediff.com7 Sep 2024

The central probe agency had also placed the findings before a special court in Kolkata during a hearing earlier in the week, he said.

Siddique shooter-mastermind key link among 4 held; 14 arrests so far

Siddique shooter-mastermind key link among 4 held; 14 arrests so far

Rediff.com23 Oct 2024

In a breakthrough in Nationalist Congress Party politician Baba Siddique's murder case, police arrested a Haryana native, suspected to be an important link between a shooter and the mastermind of the conspiracy, an official said on Wednesday.

Do you need financial planning help?

Do you need financial planning help?

Rediff.com16 Oct 2020

Anil Rego, CEO of RightHorizons, will answer your financial planning queries.

Varun Beverages' growth strategy could help investors reap benefits

Varun Beverages' growth strategy could help investors reap benefits

Rediff.com20 Dec 2024

The VBL board approved the purchase of SBC Tanzania for Rs 1,304 crore and SBC Beverages Ghana for Rs 127 crore. These own manufacturing/distribution rights for NARTD (PepsiCo branded) beverages in Tanzania and Ghana. The acquisitions will help VBL gain ground in East and West Africa.

It Won't Be An Easy Term For The BJP

It Won't Be An Easy Term For The BJP

Rediff.com8 Feb 2025

Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in. The success of welfare schemes and electoral promises will need careful financial planning and out of the box thinking to whip up additional revenue, notes Ramesh Menon.

Budget Prepares For Rise In Cancer Cases

Budget Prepares For Rise In Cancer Cases

Rediff.com3 Feb 2025

Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?

Reservations must stand legal scrutiny: Fadnavis

Reservations must stand legal scrutiny: Fadnavis

Rediff.com25 Sep 2024

Maharashtra Deputy Chief Minister Devendra Fadnavis on Wednesday underlined the necessity of any reservation standing legal scrutiny as he listed key measures undertaken by the state government for the Maratha community.

India saw remarkable transformation in 10 yrs: UNGA chief

India saw remarkable transformation in 10 yrs: UNGA chief

Rediff.com2 Feb 2025

UN General Assembly President Philemon Yang will visit India from February 4 to 8, his first official trip as President of the 79th session. Yang highlighted India's "remarkable transformation" over the past decade, particularly in digital and technological innovation, and plans to see how these advancements have reached the grassroots level during his visit. He also praised India's contributions to peacekeeping, humanitarian efforts, and its voice for the Global South.

Why Tharoor Gives The Congress A Headache

Why Tharoor Gives The Congress A Headache

Rediff.com24 Feb 2025

The Kerala unit of the Congress instantly gets a headache when Shashi Tharoor lets loose one of his observations showering flowers on enemy territory. With every such action triggering controversy within a nervous Congress party, some feel it is high time Tharoor showed a degree of solidarity with the ideals of his party, notes Shyam G Menon.

Small Town India Falls In Love With MFs

Small Town India Falls In Love With MFs

Rediff.com24 Dec 2024

More than 50 per cent of SIP accounts come from semi-urban and rural areas.

Oppn's fake Constitution narrative hurt Mahayuti in LS polls: Ajit Pawar

Oppn's fake Constitution narrative hurt Mahayuti in LS polls: Ajit Pawar

Rediff.com6 Nov 2024

But the atmosphere is now conducive for the Mahayuti to continue in power in Maharashtra thanks to the government's people-centric schemes, while the opposition Maha Vikas Aghadi (MVA) is giving promises that it cannot execute, he said.

India Inc sends mixed signals on H2FY25 capex path

India Inc sends mixed signals on H2FY25 capex path

Rediff.com16 Nov 2024

After subdued earnings in the first half amid global headwinds, India Inc is taking a cautious approach on their capital expenditure (capex) for the second half of the financial year ending March 2025, according to management commentary. Minutes from the October monetary policy meeting show the Reserve Bank of India's (RBI's) optimism about private investments picking up.

2,148 Edtech Start-Ups Have Shut Down

2,148 Edtech Start-Ups Have Shut Down

Rediff.com15 Jan 2025

'Many were caught in a burnout race, chasing unsustainable growth without innovating.'

Global firms form 'good rice alliance' for Indian farmers

Global firms form 'good rice alliance' for Indian farmers

Rediff.com21 Oct 2024

Four big global companies - Bayer, GenZero (a wholly-owned arm of financial major Temasek), Shell and Mitsubishi - have decided to scale up their carbon credit programme in nine states to empower farmers. The credits are generated through the adoption of smart agriculture practices - Alternate Wetting and Drying (AWD) and Direct Seeded Rice (DSR). Since over a year, the project, which was being run on a pilot basis, has positively impacted 10,000 farmers, covering more than 25,000 hectares.

New rules: How will airlines decide if a bomb threat is serious

New rules: How will airlines decide if a bomb threat is serious

Rediff.com30 Oct 2024

Pseudonymous or anonymous nature of the social media handle, analysis of the geopolitical situation and presence of VIPs onboard are some of the new criteria that agencies will keep in mind while considering the seriousness of a bomb threat made to Indian airlines.

Family offices surge to 300 since 2018 on Tier-II,-III push

Family offices surge to 300 since 2018 on Tier-II,-III push

Rediff.com4 Jul 2024

Thanks to a booming market, India now has more than 300 family offices, up from 45 in 2018, according to a PwC report. The number is expected to grow rapidly, with promoters establishing more businesses in Tier-II and Tier-III cities. Family businesses play a crucial role in India's booming economy, spanning manufacturing, retail, real estate, healthcare, and finance.

Adani raises Rs 4,850 cr from sale of 13.5% stake in Adani Wilmar

Adani raises Rs 4,850 cr from sale of 13.5% stake in Adani Wilmar

Rediff.com10 Jan 2025

Adani Group on Friday raised Rs 4,850 crore from the sale of 13.5 per cent of its stake in Fortune oil maker Adani Wilmar as part of a strategy to exit non-core activities to focus on main infrastructure business. The conglomerate, which last month announced its exit from Adani Wilmar by selling the bulk of its stake to a joint venture partner, had on Thursday announced sale of 17.54 crore shares (13.50 per cent equity) in the company on January 10 (to non-retail investors) and on January 13 (to retail investors) at a floor or minimum price of Rs 275 apiece.

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Rediff.com1 Jan 2025

'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'

SEBI chief Buch skips PAC summons; BJP miffed at panel chair

SEBI chief Buch skips PAC summons; BJP miffed at panel chair

Rediff.com24 Oct 2024

Buch, under a cloud over allegations of conflict of interest levelled by United States-based short-seller Hindenburg, was asked to appear before the PAC, which is reviewing the performance of the market regulator.

'IPOs Are In A Sweet Spot'

'IPOs Are In A Sweet Spot'

Rediff.com24 Sep 2024

'IPOs have performed exceptionally well, with a notable increase in average ticket size from Rs 800 crore in the last financial year to around Rs 1,300 crore in this financial year.'

Time We Understood America's Game

Time We Understood America's Game

Rediff.com13 Dec 2024

Sections of our media and elites take Western reports/judgements at face value and are ready to condemn the targets without understanding the deeper power linkages behind such actions, asserts Colonel Anil A Athale (Retd).

Max Healthcare stock in the pink of health

Max Healthcare stock in the pink of health

Rediff.com3 Oct 2024

Shares of healthcare services major Max Healthcare Institute have gained over 23 per cent since the start of this month and the stock crossed the Rs 1 trillion mark on September 24. On September 25, it closed 989.85 apiece at the NSE. The gains were cornered on the back of a strong outlook for the sector and aggressive expansion plans for the chain led by acquisitions and organic growth.

Did RSS emissary visit fasting Wangchuk on the sly?

Did RSS emissary visit fasting Wangchuk on the sly?

Rediff.com9 Oct 2024

Wangchuk, who has been camping at Ladakh Bhawan in the national capital, is yet to be approached by a central government representative, a group member said.

'Nitish, Naidu Cheated Muslims On Waqf'

'Nitish, Naidu Cheated Muslims On Waqf'

Rediff.com30 Jan 2025

'When voting clause by clause on Waqf came up in the JPC, the TDP and JD-U supported the BJP on each and every clause.'

99 And Seven Decimal Points

99 And Seven Decimal Points

Rediff.com11 Mar 2025

'Does 99 percent guarantee character and capacity for an independent awareness of life or does it make you -- barring exceptions -- a compliant careerist beholden to governments and corporations?' 'What kind of political and social choices would such minds make?' asks Shyam G Menon.

England could face Euros ban. Here's why...

England could face Euros ban. Here's why...

Rediff.com15 Sep 2024

According to the letter, Theodoridis cautioned against plans outlined in the King's Speech to give the new regulator the power to oversee clubs in England's top five leagues, saying the game's independence was a "fundamental requirement".

Iran: Trump Talks Tough, But Keeps Door Open

Iran: Trump Talks Tough, But Keeps Door Open

Rediff.com11 Feb 2025

The stage may be set for a recalibrated US-Iran relationship, suggests Ambassador M K Bhadrakumar.

UAE to address India concerns on imports

UAE to address India concerns on imports

Rediff.com16 Oct 2024

The United Arab Emirates (UAE) has agreed to look into India's concerns over compliance to rules related to the import of silver products, platinum alloy and dry dates, the commerce department said on Tuesday. During a joint committee meeting under the India-UAE trade deal, officials from New Delhi raised concerns over the recent surge in imports of these products. These were being shipped to India, taking advantage of the lower tariffs under the pact.

Armed forces get emergency financial powers to fight Covid

Armed forces get emergency financial powers to fight Covid

Rediff.com30 Apr 2021

"These powers will help Formation Commanders to establish and operate quarantine facilities/ hospitals and to undertake procurement/ repair of eqpt/ items/ material/ stores, besides provisioning of various services and works required to support the ongoing effort against COVID," his office tweeted.

How Dr Manmohan Singh became India's 'reforms' man

How Dr Manmohan Singh became India's 'reforms' man

Rediff.com27 Dec 2024

He drew the roadmap of India's economic reform, unshackled it from the licence raj and pulled it back from the brink when even its gold reserve was pledged.

'BJP Will Use MNS To Pressurise Shinde'

'BJP Will Use MNS To Pressurise Shinde'

Rediff.com15 Feb 2025

'The message is loud and clear: "If you're not falling in line, we will open a line of understanding with the MNS, and then the Shiv Sena will be in trouble".'

Govt Wants India Inc To Hire Apprentices

Govt Wants India Inc To Hire Apprentices

Rediff.com26 Mar 2024

Under the National Apprenticeship Promotion Scheme, close to 1 million apprentices will be trained in FY24.

'In No Rush To Say Economy Is Slowing Down'

'In No Rush To Say Economy Is Slowing Down'

Rediff.com7 Nov 2024

'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.' 'The Indian economy and financial sector are now well-placed and very resilient in dealing with any kind of spillover coming from the external world.'

Fresh formal hiring at 4-month low in August

Fresh formal hiring at 4-month low in August

Rediff.com21 Oct 2024

The number of monthly fresh formal hirings saw a slowdown in August, signalling a downturn in the formal labour market. In August, the number of new monthly subscribers under the Employees' Provident Fund (EPF) decreased by nearly 11 per cent to 930,000. This is a four-month low from 1.05 million in July, according to the latest monthly payroll data released by the Employees' Provident Fund Organisation (EPFO) on Sunday.

'Portfolios Need To Be Balanced This Year'

'Portfolios Need To Be Balanced This Year'

Rediff.com6 Feb 2025

'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.'

Beware The American Deep State

Beware The American Deep State

Rediff.com11 Dec 2024

Do not underestimate the ingenuity of the Deep State in America to have its way. Keeping the guard down will be a catastrophic mistake on the part of the Delhi establishment. We could get hit when least expected. That's what happened in Bangladesh and Syria, warns Ambassador M K Bhadrakumar.

Cops tried to bribe us: Kolkata doctor's parents

Cops tried to bribe us: Kolkata doctor's parents

Rediff.com5 Sep 2024

Family members of a doctor, who was allegedly raped and murdered in Kolkata last month, joined the protesting medics at RG Kar hospital on Wednesday and accused the Kolkata Police of attempting to suppress the case by hurriedly cremating the body of the doctor.