News for 'Formula Money'

'Mentors are your GPS to success'

'Mentors are your GPS to success'

Rediff.com1 Sep 2022

'Remember to pick a mentor, with whom there are one or two degrees of separation.' 'Any more than that, you are wasting time.'

Govt doubles gas price to record levels; CNG rates may go up

Govt doubles gas price to record levels; CNG rates may go up

Rediff.com31 Mar 2022

The government on Thursday more than doubled the price of natural gas that is used to produce electricity, make fertilisers, turned into CNG and piped to household kitchens for cooking, on the back of a spike in global energy prices. The price of gas produced from old regulated fields, such as the nation's largest gas field of Bassein of ONGC, will rise to a record high of $6.10 per million British thermal unit (mmBtu) from the current $2.90 per mmBtu, according to the oil ministry's Petroleum Planning and Analysis Cell (PPAC). The new price, which is likely to result in a hike in CNG and piped cooking gas rates, will be for six months beginning April 1.

Post race penalty drops Alonso out of US Grand Prix points list

Post race penalty drops Alonso out of US Grand Prix points list

Rediff.com24 Oct 2022

Haas had argued that Alonso's car was in an unsafe condition after a collision because the right-hand mirror, which eventually fell off, was moving around. They also made the point they had been shown a black and orange flag, requiring a driver to pit due to mechanical problems or loose bodywork, on three occasions this season.

EPL PHOTOS: Chelsea Hammered as wait for win continues

EPL PHOTOS: Chelsea Hammered as wait for win continues

Rediff.com21 Aug 2023

Images from the English Premier League matches played over the weekend.

F1's unique fundraising idea

F1's unique fundraising idea

Rediff.com24 Jun 2020

Formula One to sell squares on chequered flag for charity

Planning For Higher Pension Under EPS?

Planning For Higher Pension Under EPS?

Rediff.com26 May 2023

Remember, pension from EPS will be taxable at slab rate, reducing the post-tax income for people who remain in the higher tax brackets after retirement.

Post Office Vs Bank: Which Is Better?

Post Office Vs Bank: Which Is Better?

Rediff.com18 Jan 2023

'Comparing the rates of interest with PSU banks, the three- and five-year time deposit rates of the post office are more favourable.'

Aim to double every 4 years: HDFC Bank MD after merger

Aim to double every 4 years: HDFC Bank MD after merger

Rediff.com1 Jul 2023

Having successfully executed the merger with parent HDFC, HDFC Bank's managing director and chief executive Sashidhar Jagdishan on Saturday said the country's largest lender aims to double every four years. In a letter to the over 4,000 employees from HDFC who joined the bank's rolls on Saturday, Jagdishan said the future is bright, and the work on realising the potential of the merger starts now. "The runway for financial services and mortgage, which are so underserved and under penetrated, is going to be very large. HDFC Bank - the combined entity - with a large and growing distribution and customer franchise, more than adequate capital, healthy asset quality and profitability, will be best positioned to capture growth.

Starbucks CEO Laxman Narasimhan's new role

Starbucks CEO Laxman Narasimhan's new role

Rediff.com24 Mar 2023

Starbucks' new Indian-origin CEO Laxman Narasimhan has said he will work as a barista once a month in stores to stay close to the company's culture, customers, challenges and opportunities.

Lessons Congress Learnt From Karnataka Win

Lessons Congress Learnt From Karnataka Win

Rediff.com14 Jun 2023

It should announce its candidates 45 days before the elections; trust rooted leaders; start its campaign focused on five guarantees six months before elections.

'Violence is a piece of art'

'Violence is a piece of art'

Rediff.com3 Aug 2023

'As long as violence has the right arc, it is very meaningful.'

'Everyone in Kashmir making money off unstable situation'

'Everyone in Kashmir making money off unstable situation'

Rediff.com10 Jul 2015

Former Research and Analysis Wing chief AS Dulat has claimed that everybody in Kashmir makes money off the unstable situation in the region, alleging that it is 'in their DNA'.

India formula behind Hyundai's new high

India formula behind Hyundai's new high

Rediff.com22 Oct 2014

As other global car makers struggle in India to keep sales consistent, the Korean player has made a heady combination out of design, launches and localisation.

Cash-strapped Pak hikes defence spend by 15.5% to Rs 1.8 trillion

Cash-strapped Pak hikes defence spend by 15.5% to Rs 1.8 trillion

Rediff.com9 Jun 2023

Finance Minister Ishaq Dar, who presented the budget in the National Assembly, the lower house of parliament, said the government will target a growth rate of 3.5 per cent in the coming fiscal year.

IL&FS creditors to get Rs 16,361 cr on pro-rata basis

IL&FS creditors to get Rs 16,361 cr on pro-rata basis

Rediff.com3 Jun 2022

The National Company Law Appellate Tribunal has directed the new board of the debt-ridden IL&FS Group to distribute Rs 16,361 crore of cash and InvIT units available across the Group to its creditors on pro-rata basis. The interim distribution award of Rs 16,361 crore includes Rs 11,296 crore in cash and Rs 5,065 crore in InvIT units (Infrastructure Investment Trusts) and a majority of this is to be distributed to the creditors of three large group firms -- IL&FS, IFIN and ITNL. "The interim distribution shall be confined only to the entities as reflected in Annexure-6 except those excluded and for the amount of Rs 16,361 crores i.e Rs 11,296 crore of cash and Rs 5,065 crores of InvIT Units," said an order by a two-member NCLAT bench headed by Chairperson Justice Ashok Bhushan.

Williams considers sale of F1 team; Renault staying

Williams considers sale of F1 team; Renault staying

Rediff.com29 May 2020

Williams Grand Prix Holdings (WGPH) published results for 2019 showing Formula One revenue slid to 95.4 million pounds ($117.6 million) in 2019, down from 130.7 million pounds the previous year.

Priyanka brews winning formula for Congress

Priyanka brews winning formula for Congress

Rediff.com14 Mar 2014

Priyanka Gandhi gets into rigorous damage control mode in wake of her party's eroding popularity ahead of the polls, reports Renu Mittal

SC warns defence ministry of contempt notice over OROP payment arrears

SC warns defence ministry of contempt notice over OROP payment arrears

Rediff.com27 Feb 2023

The Supreme Court on Monday came down heavily on the ministry of defence over its January 20 communication regarding payment of arrears of One Rank-One Pension (OROP) in installments to eligible pensioners of the armed forces.

F1 PIX: Verstappen wins in Belgium without racing a single lap

F1 PIX: Verstappen wins in Belgium without racing a single lap

Rediff.com30 Aug 2021

Red Bull's Max Verstappen won the rain-hit Belgian Grand Prix on Sunday without racing even a single lap as half-points were awarded for only the sixth time in Formula One history.

Gas price hiked by 62%; CNG rates may go up

Gas price hiked by 62%; CNG rates may go up

Rediff.com30 Sep 2021

The government on Thursday hiked by 62 per cent the price of natural gas that is used to produce electricity, make fertilisers and turned into CNG to use as fuel in automobiles and cooking gas for household kitchens. This is the first increase in rates since April 2019 and comes on back of firming benchmark international prices but does not reflect the spurt in spot or current price of liquefied natural gas (LNG) witnessed during the last couple of weeks. The oil ministry's Petroleum Planning and Analysis Cell (PPAC) said the rates paid for gas produced from fields given to state-owned Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) will be $2.90 per million British thermal unit for the six-month period beginning April 1.

Red Bull head suggested 'corona camp' for F1 drivers

Red Bull head suggested 'corona camp' for F1 drivers

Rediff.com30 Mar 2020

Formula One has said it hopes to get the season started some time in the European summer with a reduced calendar of 15-18 races.

Is Your Job Killing You?

Is Your Job Killing You?

Rediff.com23 Jun 2023

The key problem with the current generation is that most people don't understand how much is enough to lead a good life! exclaims Virender Kapoor.

Understand the MF returns formula

Understand the MF returns formula

Rediff.com7 Feb 2011

When the gain or loss in a portfolio is expressed as a percentage of the invested capital, it is known as the absolute return.

Do our army, navy and air force have enough money?

Do our army, navy and air force have enough money?

Rediff.com13 Feb 2019

Officers responsible for preparing budgets say their detailed costing projections are mostly ignored. The defence ministry simply takes the previous year's budgetary allocations for each service and adds a small percentage to those.

Himachal Pradesh: Stalemate between Adani Group, truckers ends after 67 days

Himachal Pradesh: Stalemate between Adani Group, truckers ends after 67 days

Rediff.com20 Feb 2023

The cement plants at Barmana (Bilaspur district) and Darlaghat (Solan district) had closed operations on December 14 due to the dispute between the company and truckers engaged in the carriage of cement and clinkers. According to a government statement, Chief Minister Sukhvinder Singh Sukhu said, "We have arrived at consensus, thereby protecting the interests of both the truck-operator unions and the management, besides welfare of all others who were being directly or indirectly hit by the stalemate."

Medvedev disappointed with French Open organisers

Medvedev disappointed with French Open organisers

Rediff.com9 Jun 2021

Amazon has exclusive TV broadcast rights in France for the night sessions, which are taking place for the first time at Roland Garros. The late matches are being played without fans on Court Philippe-Chatrier because of the 9 p.m. curfew.

Good upside seen in Oil India stock

Good upside seen in Oil India stock

Rediff.com28 Feb 2023

Notwithstanding the windfall tax placing a cap on profits, oil and gas producers like Oil India (OIL) and Oil and Natural Gas Corporation (ONGC) have done well in the October-December quarter (third quarter, or Q3) of 2022-23 (FY23). ONGC faces the drag of poor results from its subsidiary Hindustan Petroleum Corporation, and in comparative terms, OIL is better off. Standalone net sales in Q3FY23 stood at Rs 5,900 crore - up 57 per cent year-on-year (YoY), up 2 per cent quarter-on-quarter (QoQ).

F1 makes advance payments to teams

F1 makes advance payments to teams

Rediff.com24 Apr 2020

Liberty Media president and CEO Greg Maffei told analysts on a conference call that the move was the most efficient way of putting cash into the business, with Formula One getting a net cash payment of $1.4 billion.

F1 cancels August break, 21 day shutdown in March-April

F1 cancels August break, 21 day shutdown in March-April

Rediff.com18 Mar 2020

Formula One's August shutdown will be brought forward and extended to a mandatory 21 successive days in March and April as a result of the coronavirus outbreak, the governing body FIA said on Wednesday. The 2020 race calendar has already been suspended, with last weekend's Australian season opener in Melbourne cancelled and the next three races at least postponed. The sport hopes to race again at the end of May.

How money and manpower fuel TN's election rallies

How money and manpower fuel TN's election rallies

Rediff.com13 May 2016

The costs involved in putting together a successful rally are bizarre.

Premji's formula for success

Premji's formula for success

Rediff.com25 Nov 2004

Wipro chairman Azim Premji on Thursday stressed that organisations focused on quality should tune their systems and processes towards achieving the objective as any inconsistency could result in failure.

F1: Silverstone agrees to hold back-to-back races

F1: Silverstone agrees to hold back-to-back races

Rediff.com15 May 2020

Formula One is seeking to make up the numbers after three races, including this month's traditional Monaco showcase, were cancelled and seven others postponed.

How Mallya squandered money on yachts, jets and islands

How Mallya squandered money on yachts, jets and islands

Rediff.com11 Mar 2016

As his personal wealth started booming, Mallya went on a buying spree.

Why there isn't a perfect formula for a dream job

Why there isn't a perfect formula for a dream job

Rediff.com24 Jul 2017

A change in career is really not as bad as it seems and not getting into your desired career line doesn't mean you're a failure.

How To Buy A Home And Repay EMI Quickly

How To Buy A Home And Repay EMI Quickly

Rediff.com20 Jun 2022

Home First Finance will be answering readers' home loan queries. Mail your queries to getahead@rediff.co.in with the subject line 'Home Loan Query' and we will have your queries answered by Home First Finance.

4 unique features of LIC IPO

4 unique features of LIC IPO

Rediff.com29 Apr 2022

Domestic capital market will see the launch of India's largest-ever initial public offering (IPO) next week. Life Insurance Corporation of India's (LIC's) landmark Rs 21,000-crore IPO will open for subscription on Wednesday. Here's a look at some unique features of this mega offering, which are not typically seen in other IPOs.

Blue is the colour (of money)

Blue is the colour (of money)

Rediff.com10 Sep 2003

Can Peter Kenyon turn Chelsea into a global brand to compete with the likes of Real Madrid and his former employer Manchester United.

10 Political Dramas To Watch On OTT

10 Political Dramas To Watch On OTT

Rediff.com5 Jun 2023

There is nothing of the level of Yes Minister, House Of Cards, Madam Secretary or Veep but there are at least 10 Hindi series and an OTT-released film or two, to whet the viewer's appetite for power-mongering, corruption and intrigue.

Ex-Sebi boss M Damodaran on what ails India's financial sector

Ex-Sebi boss M Damodaran on what ails India's financial sector

Rediff.com22 Dec 2022

Regulatory capacity, hyperactivity and excessive prescription are the biggest challenges the financial sector is facing, said Meleveetil Damodaran, former chairperson, Securities and Exchange Board of India (Sebi). Speaking at the Business Standard BFSI Summit on Wednesday, Damodaran highlighted the need for simpler, clear, and continuous regulations in the financial sector. He opined that the industry had felt it challenging to keep pace with the changing regulations.