News for 'Financial Express'

Not Asian Paints, Berger and Indigo Paints may shine in H2FY25, says Nuvama

Not Asian Paints, Berger and Indigo Paints may shine in H2FY25, says Nuvama

Rediff.com19 Dec 2024

The paint sector is seeing heightened competition with the entry of deep-pocketed groups like Aditya Birla and JSW. However, some brokerages see an opportunity in select stocks.

Crompton plans new products to boost sales

Crompton plans new products to boost sales

Rediff.com6 Dec 2024

Home appliance maker Crompton Greaves Consumer Electricals reported better than expected performance in the second quarter (Q2) of 2024-25 (FY25), outperforming peers due to a strong showing in the electrical consumer durables (ECD) segment. The company's standalone sales rose by 10.5 per cent, while the ECD segment continued its growth momentum with a 12.5 per cent increase in revenues, driven by volume and pricing gains.

7 dead as BEST scrambles to ascertain cause of tragic bus crash

7 dead as BEST scrambles to ascertain cause of tragic bus crash

Rediff.com10 Dec 2024

The death toll in the BEST bus accident in Mumbai has risen to seven, officials on Tuesday said as experts inspected the wet leased vehicle to ascertain if it had any mechanical fault.

Jhansi fire: DNA test may be needed to identify 3 newborns

Jhansi fire: DNA test may be needed to identify 3 newborns

Rediff.com16 Nov 2024

Hours after a fire claimed the lives of at least 10 newborn children in Jhansi district, the Uttar Pradesh government on Saturday announced a financial assistance of Rs 5 lakh each to the parents of the deceased, an official said.

Rift in Maha ruling alliance as Sena minister slams Ajit Pawar

Rift in Maha ruling alliance as Sena minister slams Ajit Pawar

Rediff.com6 Sep 2024

Fissures have emerged in Maharashtra's ruling Mahayuti over the 'Ladki Bahin Yojana' with a Shiv Sena minister raising objection against ally Nationalist Congress Party and its president Ajit Pawar for 'omitting' Chief Minister Eknath Shinde's name from advertisements and promotional material of the scheme.

Is NPS Vatsalya Right Choice For Your Children?

Is NPS Vatsalya Right Choice For Your Children?

Rediff.com9 Oct 2024

From how to open an NPS Vatsalya account to knowing how this scheme compares to investing in mutual fund or in provident fund, Ramalingam Kalirajan offers a 360-degree view and the pros and cons of investing in a scheme that has the potential to secure your child's financial well-being.

Modi lays roadmap for India's fintech companies

Modi lays roadmap for India's fintech companies

Rediff.com30 Aug 2024

He said the transformation brought about by the fintech sector in India is not just limited to technology, but its social impact is far-reaching. He also stressed that fintech has dented the parallel economy and is bridging the gap between villages and cities on the financial services front. The prime minister also said that in the last 10 years, the fintech space has attracted investments of more than $31 billion and fintech startups have grown by 500 per cent.

Top MF Performers Across Categories

Top MF Performers Across Categories

Rediff.com21 Dec 2024

Data from Value Research analysed on five-year, three-year and one-year performances of active equity schemes to pick the best performers in popular scheme categories.

Considering An Education Loan? Read This

Considering An Education Loan? Read This

Rediff.com10 Sep 2024

'With tuition fees for international students rising, education loans have become critical for bridging the gap between savings, scholarship, and full cost.'

Buying Property? Read This

Buying Property? Read This

Rediff.com4 Nov 2024

'Assess the property in terms of type, size, location and price point, and whether it fits into your budget.' 'If it checks out on these fronts, one may consider the accompanying offers.'

Trusted CBI to deliver justice but...: RG Kar doc's parents on bail to suspects

Trusted CBI to deliver justice but...: RG Kar doc's parents on bail to suspects

Rediff.com14 Dec 2024

The CBI's failure to file a chargesheet within the mandated 90 days has resulted in bail being granted to two key suspects in the rape-murder case of an on-duty medic at RG Kar Hospital in Kolkata. This comes just days after the West Bengal Police secured capital punishment for a convict in a similar crime against a minor. The delay in justice has sparked outrage, particularly among the victim's family and junior doctors who are demanding accountability.

Can Rs 10K SIP Make You Rs 3 CRORE?

Can Rs 10K SIP Make You Rs 3 CRORE?

Rediff.com16 Oct 2024

Imagine transforming a modest Rs 10,000 monthly investment into a steady Rs 1 lakh monthly income in your retirement years. This is the power of compounding -- a strategy that rewards you for starting early and staying consistent with your investments, says Ramalingam Kalirajan.

Investment Lessons From Ganpati Bappa

Investment Lessons From Ganpati Bappa

Rediff.com19 Sep 2024

Lord Ganesha's teachings offer valuable insights for investors in the Indian stock market. By thinking big, working consistently, starting early, and approaching investing with a rational mindset, investors can increase their chances of achieving their financial goals.

What Are MNC Funds?

What Are MNC Funds?

Rediff.com28 Oct 2024

MNC funds invest in companies where foreign promoters have more than 50 per cent shareholding.

Strong India biz growth to drive gains for Godrej Consumer

Strong India biz growth to drive gains for Godrej Consumer

Rediff.com2 Nov 2024

Godrej Consumer Products Ltd (GCPL) reported a 2 per cent year-on-year (Y-o-Y) increase in consolidated revenue to Rs 3,670 crore. Organic revenue growth in constant currency was up 14 per cent Y-o-Y. Consolidated operating profit was up 5 per cent to Rs 760 crore, profit before tax grew 10 per cent Y-o-Y to Rs 710 crore, and adjusted net profit grew 12 per cent Y-o-Y to Rs 490 crore.

Mid, Smallcap Stocks In Bear Market

Mid, Smallcap Stocks In Bear Market

Rediff.com28 Nov 2024

'Investors may have made money in mid and smallcaps due to market momentum, but now they need to focus on fundamentals.'

Need to probe if driver used BEST bus as 'weapon': Cops tell court

Need to probe if driver used BEST bus as 'weapon': Cops tell court

Rediff.com11 Dec 2024

Police have registered a case on charges of culpable homicide not amounting to murder against the driver of a BEST bus involved in an accident in Mumbai which claimed six lives and left 43 others injured, officials said on Tuesday.

Higher volume, profitability gains for GAIL India

Higher volume, profitability gains for GAIL India

Rediff.com15 Nov 2024

GAIL India's second quarter (Q2FY25) performance met expectations.

'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.'

The India Story: 90% Work In Progress

The India Story: 90% Work In Progress

Rediff.com2 Jan 2025

From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.

'Quality Stocks Survive, Thrive In Downturns'

'Quality Stocks Survive, Thrive In Downturns'

Rediff.com12 Dec 2024

'To be able to sail through such volatilities, it is prudent to focus on quality.'

'Rakesh Jhunjhunwala Inspires New Investors'

'Rakesh Jhunjhunwala Inspires New Investors'

Rediff.com17 Oct 2024

'More investors now view the stock market as a valuable opportunity, though many still seek quick gains, leading to a rise in futures and options trading.'

Is It Okay To Marry A Younger Guy?

Is It Okay To Marry A Younger Guy?

Rediff.com29 Nov 2024

Have a calm conversation with your parents, expressing your feelings for your boyfriend while being open about the current situation between the two of you. Sometimes, parents worry because they don't know the full picture, says rediffGURU Kanchan Rai.

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.

Business growth remains robust for Bajaj Finance, M&M Financial Services

Business growth remains robust for Bajaj Finance, M&M Financial Services

Rediff.com12 Oct 2023

MMFS is looking at a compounded annual growth rate (CAGR) of 18 per cent in assets under management (AUM) during FY23 to FY26 on the back of the strong recovery. The company has initiated risk-mitigating initiatives, including diversification into non-vehicle loans, building digital capacity and re-classification of customer profiles into affluent and mass-affluent in semi-urban segments to better target marketing.

How OCIs Are Taxed

How OCIs Are Taxed

Rediff.com18 Sep 2024

'Any earnings, regardless of location, will be subject to Indian income tax.'

'On Track For Best-Ever IPO Year In India'

'On Track For Best-Ever IPO Year In India'

Rediff.com10 Sep 2024

During the first eight months of CY24, 50 IPOs mobilised Rs 53,453 crore.

Vedanta slumps from Sept 30 peak: Is it a good entry point?

Vedanta slumps from Sept 30 peak: Is it a good entry point?

Rediff.com22 Nov 2024

After climbing to a record high of Rs 523 on September 30, shares of commodity major Vedanta have come off over 15 per cent amid a fall in the overall markets. The Anil Agarwal-led firm's latest slump comes after its stock price doubled over the past one year. Is it a blip or a trend reversal?

Karnataka tug of war: Rahul requested to 'warn' leaders

Karnataka tug of war: Rahul requested to 'warn' leaders

Rediff.com11 Sep 2024

A group of Congress leaders have written to Leader of Opposition in Lok Sabha Rahul Gandhi to warn party leaders and state ministers, who are weighing in for the chief minister's post, in the event of leadership change in Karnataka.

Should You Invest In NBFC Bonds?

Should You Invest In NBFC Bonds?

Rediff.com23 Sep 2024

When evaluating bonds, returns shouldn't be the sole factor. Pay close attention to the bond's credit rating. It should ideally be AA or higher.

'Your EPF Withdrawal Is Tax-Free, If...'

'Your EPF Withdrawal Is Tax-Free, If...'

Rediff.com15 Oct 2024

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

How To Become A Crorepati: 15x15x15

How To Become A Crorepati: 15x15x15

Rediff.com28 Aug 2024

Follow this 15 x 15 x 15 rule to become a crorepati without taking big risks. Ramalingam Kalirajan explains how

Strong Q2 performance, growth outlook drive gains for Info Edge stock

Strong Q2 performance, growth outlook drive gains for Info Edge stock

Rediff.com30 Nov 2024

The stock of online classified major Info Edge (India) was up over 6 per cent on Friday on expectations of demand improvement for Indian IT companies. Strong revenue growth prospects for each of its online verticals - including recruitment, matrimony, real estate, education, and upside from its holdings in companies such as Zomato - had prompted Goldman Sachs to upgrade the stock. Info Edge's standalone revenue grew 10.6 per cent year on year (Y-o-Y) in Q2FY25, beating consensus. 99acres (+16.9 per cent Y-o-Y) and Jeevansathi (+33 per cent Y-o-Y) were drivers of growth while recruitment grew 8.5 per cent Y-o-Y.

'A huge setback for Indian sports'

'A huge setback for Indian sports'

Rediff.com22 Oct 2024

India's medal prospects took a hit with the exclusion of hockey, shooting, cricket, badminton and wrestling from the 2026 Glasgow Commonwealth Games.

Despite import cuts, govt seeks smooth supply of laptops

Despite import cuts, govt seeks smooth supply of laptops

Rediff.com25 Nov 2024

As the Union government explores ways to restrict import of laptops and other electronic devices starting with a 5 per cent reduction from the current level, it is working to ensure that there's no supply disruption in India even if an import cap is introduced, it is learnt. The caveat assumes significance in the context of the government's announcement of its plan in August 2023 to issue licences for import of select IT hardware products to reduce the country's dependence on China.

Cut in FY25 estimates likely to keep SBI Life stock under pressure

Cut in FY25 estimates likely to keep SBI Life stock under pressure

Rediff.com4 Nov 2024

SBI Life Insurance reported a weak performance in Q2FY25. The annual premium equivalent or APE grew 3 per cent year-on-year (Y-o-Y) to Rs 5,390 crore. For the first half of financial year 2025 (H1FY25), it grew 9 per cent Y-o-Y to Rs 9,030 crore.

Godrej Properties to gain from strong land portfolio, demand outlook

Godrej Properties to gain from strong land portfolio, demand outlook

Rediff.com3 Dec 2024

Expansion of its development portfolio, brokerage upgrades, and strong outlook have led to a 15 per cent gain for the stock of real estate major Godrej Properties (GPL) in six trading sessions. The company recently acquired a 53-acre land parcel in Joka, Kolkata with an estimated development potential of 1.3 million square feet of saleable area with an estimated revenue potential of Rs 500 crore.

How To Invest In Quality Stocks

How To Invest In Quality Stocks

Rediff.com23 Oct 2024

'Allocate up to 20 per cent of your core equity portfolio to quality funds.'

Ladki Bahin scheme: Gadkari's word of caution for Maha govt

Ladki Bahin scheme: Gadkari's word of caution for Maha govt

Rediff.com30 Sep 2024

Union minister Nitin Gadkari has said the Maharashtra government's Ladki Bahin scheme, introduced to provide financial assistance to women, could affect the timely payment of subsidies in other sectors.

What's A Specialised Cardiac Plan?

What's A Specialised Cardiac Plan?

Rediff.com16 Nov 2024

Cardiac care plans are ideal for individuals with pre-existing heart conditions or a family history of heart issues. Those who can't get coverage under a comprehensive plan should opt for these plans.