News for 'Global Market Performance and Local'

Who will buy Citi's consumer business?

Who will buy Citi's consumer business?

Rediff.com24 May 2021

The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay.

Apple may finally dip its toes in Indian retail pool

Apple may finally dip its toes in Indian retail pool

Rediff.com10 Sep 2019

Still, the earliest India will get to experience Apple online will be early 2020 and the company's first fully-owned signature store should be up around 2022 -- almost two decades after it had opened its first store worldwide, writes Nivedita Mookerji.

Love your music? Read this about Spotify

Love your music? Read this about Spotify

Rediff.com6 Nov 2020

About 18 months after its entry in India, a Spotify listener spent an average of 97 minutes on the app, almost ten times more than any other streaming music brand.

Edtech, logistics and gig-economy to drive jobs

Edtech, logistics and gig-economy to drive jobs

Rediff.com25 Feb 2021

Fresher hiring is expected to more than double compared to last year.

Challenges abound for Hero MotoCorp MD

Challenges abound for Hero MotoCorp MD

Rediff.com8 Aug 2014

Hero today sells its products in 19 countries across Asia, South and Central America and Africa.

Work from home drives laptop sales amid Covid-19 lockdown

Work from home drives laptop sales amid Covid-19 lockdown

Rediff.com12 Aug 2020

From market leader HP and premium player Apple to China's Lenovo and Asus, all major brands in the market are witnessing rapid surge in the demand for notebooks.

The inside story of Mourinho's failed tenure at Man United

The inside story of Mourinho's failed tenure at Man United

Rediff.com19 Dec 2018

United are bigger than any one man and the decision to send Mourinho packing drives home that philosophy to players, fans and opponents.

Business travel takes off again on a wing and a prayer

Business travel takes off again on a wing and a prayer

Rediff.com2 Nov 2021

Business executives are finally dusting off their long-unused suitcases to resume travel, thanks to a good vaccination rate, a drop in fresh cases, and an easing of travel restrictions. It comes as a huge relief for the ravaged aviation, travel and hospitality sectors. "We are witnessing a 40 per cent recovery on pre-covid volumes from our business travellers, signalling the return of corporate confidence in air travel," said Indiver Rastogi, president & group head, Global Business Travel, Thomas Cook (India) & SOTC.

2022: 10 Important Career Skills to Succeed

2022: 10 Important Career Skills to Succeed

Rediff.com4 Jan 2022

Leadership, teamwork, communication, productivity, and wellness skills are essential for every employee's success.

India's economy to suffer record contraction in 2020-21: S&P

India's economy to suffer record contraction in 2020-21: S&P

Rediff.com25 Sep 2020

Observing that India's worsening COVID-19 situation and the strict measures to contain it have hit the economy hard, the rating agency said productive capacity has been severely disrupted since the start of the pandemic.

'The Indian soldiers adapted quickly and performed remarkably well'

'The Indian soldiers adapted quickly and performed remarkably well'

Rediff.com5 Jun 2015

'Many sepoys fought with distinction, winning some of the first Victoria Crosses to be awarded to Indians; and indeed, as in any army fighting under such inhumane conditions -- standing in the freezing sludge, with shrapnel tearing through bodies and being subjected to gas attacks -- some buckled under pressure.'

Small stocks sparkle amid pandemic gloom; likely to shine in 2021 too

Small stocks sparkle amid pandemic gloom; likely to shine in 2021 too

Rediff.com30 Dec 2020

Small stocks made a dashing comeback in 2020 after delivering negative returns in the last two years as increased retail investor participation in pandemic times saw small-cap index surging up to 31 per cent and outperforming the bigger benchmark gauge. This year turned out to be eventful for the equity market, witnessing bearish and bullish sentiments at different points of time. While the initial part of COVID-ravaged 2020 saw the bears in full force amid concerns related to the pandemic and lockdowns hurting economic activities, bulls made a comeback towards the latter half of the year. As the market swayed with many lows as well as highs, small and mid-cap indices emerged as markets favourites in 2020.

Even as FIIs pull out crores, high volatility to rule bonds & rupee

Even as FIIs pull out crores, high volatility to rule bonds & rupee

Rediff.com2 Jan 2017

While RBI may cut rates by 25 basis points in the February policy review, global monetary policies hold the key to much of the financial assets flow in 2017

China's 2015 GDP growth slowest in 25 years

China's 2015 GDP growth slowest in 25 years

Rediff.com19 Jan 2016

Some analysts argue that Beijing has been too cautious in lowering rates and freeing up cash in the banking system, keeping real interest rates too high given low returns on investment.

Maruti to set up research and development centre at Rohtak

Maruti to set up research and development centre at Rohtak

Rediff.com26 Aug 2013

The testing facility at Rohtak would have more than 30 different tracks covering a length of about 30 km to check the various operational aspects of a vehicle.

How Japan's recession can impact India

How Japan's recession can impact India

Rediff.com24 Nov 2014

For 20 years, the stock market headed nowhere, and this has created permanent aversion.

Lockdown a bitter pill for Brand Cadbury

Lockdown a bitter pill for Brand Cadbury

Rediff.com30 Apr 2020

Companies from Unilever to Proctor & Gamble, Nestl, Coca-Cola and PepsiCo have all alluded to lockdown challenges in India and the globe as well as the impact it will have on April-June as well as full-year numbers.

From Rs 3 cr to 20 cr: RustOrange's success story

From Rs 3 cr to 20 cr: RustOrange's success story

Rediff.com13 Dec 2021

RustOrange co-founders Samik Sarkar, Shashank Agnihotri and Kuvalaya Singh share their story and learnings.

Rupee to fall towards 69 level in 9-12 months: Citi

Rupee to fall towards 69 level in 9-12 months: Citi

Rediff.com23 Mar 2016

The report, however, said a sustained weakness in USD against the emerging market forex remains a key risk to this view.

Sensex posts biggest single-day gain in nearly 7 years

Sensex posts biggest single-day gain in nearly 7 years

Rediff.com1 Mar 2016

The rally in index heavyweight ITC has boosted the sentiment across the board.

Apple way behind Oppo in India

Apple way behind Oppo in India

Rediff.com13 Sep 2017

The company captured just 2.4% of the mid-range smartphone market in India, a far cry from the 24.2% share Oppo's F3 commanded.

Netflix has spent 3,000 crores on India programs

Netflix has spent 3,000 crores on India programs

Rediff.com18 Oct 2020

Since its entry in 2016, Netflix has announced over 60 titles to be sourced from India.

Apple's India growth @ 6-year low

Apple's India growth @ 6-year low

Rediff.com13 Dec 2017

Revenue share from India has inched up to nearly 0.8 per cent of its global sales. The revenue growth rate is in stark contrast to the firm's performance in volume terms.

Maruti, M&M beat year-end blues, post healthy sales figures

Maruti, M&M beat year-end blues, post healthy sales figures

Rediff.com1 Jan 2020

Maruti's compact segment comprising New WagonR, Swift, Celerio, Ignis, Baleno, Dzire, and utility vehicles, including Gypsy, Ertiga, XL6, S-Cross and Vitara Brezza saw robust sales, while the mini segment comprising Alto, S-Presso and Old WagonR saw negative growth.

Rupee closes 9 paise higher

Rupee closes 9 paise higher

Rediff.com3 Aug 2015

The rupee had shed 9 paise to end at 64.13 on Friday.

What is made in India AI?

What is made in India AI?

Rediff.com25 Nov 2019

'Perhaps a better question to ask would be: Is this 'Made for India'?' asks AI expert Ganesh Mani.

Sensex slips 314 points as ITC, Vedanta drag

Sensex slips 314 points as ITC, Vedanta drag

Rediff.com25 May 2015

The Sensex ended in red on domestic concerns.

Airtel tops transparency chart in corporate reporting

Airtel tops transparency chart in corporate reporting

Rediff.com12 Jul 2016

Tata companies perform well while major firms in emerging markets do badly.

Why India's automobile business is like Bollywood

Why India's automobile business is like Bollywood

Rediff.com20 Oct 2020

What worked for Hyundai in India when so many other auto manufacturers have had to eat humble pie? Pavan Lall finds out.

Rupee tumbles for 7th day; breaches 72-mark for the first time ever

Rupee tumbles for 7th day; breaches 72-mark for the first time ever

Rediff.com6 Sep 2018

The rupee has been under immense pressure due to a host of reasons including soaring crude oil prices, sustained foreign fund outflows and widening current account deficit.

The Strange Death Of India's Pen King

The Strange Death Of India's Pen King

Rediff.com2 Feb 2022

If there is a morality tale here, it is that debt and death spare no king.

Sensex ends at 6-month low; Bank Nifty falls over 2%

Sensex ends at 6-month low; Bank Nifty falls over 2%

Rediff.com7 May 2015

Sensex closed over 118 points down on Thursday.

FIIs pull out $2 bn this year, highest since 2008

FIIs pull out $2 bn this year, highest since 2008

Rediff.com10 Feb 2016

Continued outflows amid moderation of domestic investments are a concern

Oyo appoints ex-IndiGo chief Aditya Ghosh as new CEO

Oyo appoints ex-IndiGo chief Aditya Ghosh as new CEO

Rediff.com16 Nov 2018

Ghosh, 43, will be reporting to 25-year-old Ritesh Agarwal, who founded OYO with a single hotel in 2013.

Sensex to touch 22,000 mark in 2014: BNP Paribas

Sensex to touch 22,000 mark in 2014: BNP Paribas

Rediff.com11 Dec 2013

BNP Paribas Securities sees the benchmark Sensex touching 22,000 mark in 2014, even as it cautioned over the earnings estimates in medium term.

Liquidity crunch takes shine off India's rough diamond imports

Liquidity crunch takes shine off India's rough diamond imports

Rediff.com26 Dec 2019

Overall gross import of rough diamonds between April to November 2019 has shown a decline of 17.24 per cent to $8.55 billion from $10.34 billion registered during April to November 2018. This is one of sharpest fall in import of diamond in India in last one decade.

Tea planters' cup of woes is spilling over

Tea planters' cup of woes is spilling over

Rediff.com22 Apr 2020

The tea industry, hit by rising costs, falling prices and political unrest in the North Bengal plantations, is especially vulnerable to the COVID-19 lockdown.

Sensex tanks 378 points at close on fiscal worries

Sensex tanks 378 points at close on fiscal worries

Rediff.com3 Jan 2019

The biggest losers in the Sensex pack were M&M, ONGC, Vedanta, Tata Steel, L&T, HDFC, NTPC and Axis Bank, falling up to 3.04 per cent.

Rupee ends 4 paise higher at 65.27 against USD

Rupee ends 4 paise higher at 65.27 against USD

Rediff.com19 Aug 2015

The RBI fixed the reference rate for the dollar at 65.2525 and for the euro at 72.1954.

Skill to succeed: How TCS is leading the hiring game

Skill to succeed: How TCS is leading the hiring game

Rediff.com23 Apr 2018

The company hires postgraduate and PhD students from A+ grade institutes to be part of its research team.