News for 'Ind AS'

Chess WC QF: Arjun carries Indian hopes into tie-break

Chess WC QF: Arjun carries Indian hopes into tie-break

Rediff.com18 Nov 2025

FIDE World Cup: Arjun draws again to reach tiebreaker against Wei Yi

Accounting lapses in derivatives to cost IndusInd Bank Rs 1,960 crore in FY25

Accounting lapses in derivatives to cost IndusInd Bank Rs 1,960 crore in FY25

Rediff.com28 Apr 2025

IndusInd Bank on Sunday said accounting lapses in the derivative portfolio will cost the bank Rs 1,960 crore in FY25. A bank-appointed external auditor has determined cumulative adverse accounting impact on P&L at Rs 1,959.98 crore as on March 31, which is similar to the amount disclosed on April 15, IndusInd Bank said in a regulatory filing.

Chess WC: Indian challenge ends as Arjun bows out

Chess WC: Indian challenge ends as Arjun bows out

Rediff.com19 Nov 2025

Grandmaster Arjun Erigaisi was knocked out of the FIDE World Cup, losing to Wei Yi of China 1.5-2.5 in the first set of tiebreak games, in Panaji on Wednesday.

Banks raised Rs 55K crore through CDs in fortnight ended Nov 14

Banks raised Rs 55K crore through CDs in fortnight ended Nov 14

Rediff.com24 Nov 2025

With deposit growth remaining sluggish and the credit - deposit ratio of commercial banks crossing 80 per cent, banks have ramped up their borrowing in the certificate of deposit (CD) market. In the fortnight ended November 14, CD issuances climbed to nearly Rs 55,000 crore - double the borrowings of the preceding two fortnights and the highest since the September 19 fortnight.

Growth acceleration key to Trent stock's recovery

Growth acceleration key to Trent stock's recovery

Rediff.com21 Nov 2025

Trent reported decent margins in the second quarter (July-September) of 2025-26 (Q2FY26) but growth moderated. Same store growth was low single-digits. Trent's revenue growth decelerated in Q2FY26 at 17 per cent year-on-year (Y-o-Y) while area additions were offset by decline in revenue per square foot (sq ft).

Ton-up Healy powers Aus A to win over Ind A

Ton-up Healy powers Aus A to win over Ind A

Rediff.com17 Aug 2025

Australia A skipper Tahlia McGrath was the pick of the bowlers with 3/49 in eight overs.

Pvt banks may lose ground again in FY26 as credit growth lags

Pvt banks may lose ground again in FY26 as credit growth lags

Rediff.com3 Dec 2025

India's private-sector banks are likely to lose market share for a second consecutive year in 2025-26, as their loan books continue to expand much slower than overall bank credit.

IndusInd Bank stock tanks 27 pc after Rs 2,100 cr accounting lapse

IndusInd Bank stock tanks 27 pc after Rs 2,100 cr accounting lapse

Rediff.com11 Mar 2025

IndusInd Bank on Tuesday fire-fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses.

'The Intent Is To Make A Better Bank In The Future'

'The Intent Is To Make A Better Bank In The Future'

Rediff.com28 Oct 2025

'As the team builds, each of them will bring in a different perspective, new thinking.'

CLSA lowers target price for IndusInd Bank to Rs 900 but sees 34% upside

CLSA lowers target price for IndusInd Bank to Rs 900 but sees 34% upside

Rediff.com15 Mar 2025

Global brokerage CLSA has lowered its target price for IndusInd Bank from Rs 1,200 to Rs 900 while maintaining an outperform rating on the stock after the private lender disclosed a net worth hit of Rs 1,500 crore due to an accounting gap. The revised price target still implies an upside of 34 per cent from current levels.

Fan asked to cover Pak shirt during Ind-Eng 4th Test!

Fan asked to cover Pak shirt during Ind-Eng 4th Test!

Rediff.com28 Jul 2025

Adding another layer of controversy to an already strained India-Pakistan cricket ties, a fan wearing a Pakistan cricket jersey was reportedly asked to cover it up by security officials during the fourth Test between England and India at Old Trafford in Manchester.

Fujairah Superstars Chess: 18-Year-Old Pranav Storms To Title

Fujairah Superstars Chess: 18-Year-Old Pranav Storms To Title

Rediff.com2 Sep 2025

World Junior champion Pranav Venkatesh scored a crushing victory over Grandmaster Alan Pichot of Spain to win the Fujairah Global Superstars chess tournament.

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

Rediff.com3 Nov 2025

'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'

EC directs crackdown on illicit cash, liquor, drugs in Bihar polls

EC directs crackdown on illicit cash, liquor, drugs in Bihar polls

Rediff.com17 Oct 2025

The Election Commission has directed enforcement agencies and security forces to take proactive measures during the Bihar elections to prevent the use of drugs, liquor, and cash to influence voters.

'Nothing like it': Rohit on most intense Ind-Pak clash

'Nothing like it': Rohit on most intense Ind-Pak clash

Rediff.com27 Jun 2025

Rohit Sharma and his team faced a security scare, hotel lockdown, and overwhelming fan frenzy. And yet, what followed was one of India's most dramatic wins ever.

Private banks' mcap fell in Jul-Sep: S&P

Private banks' mcap fell in Jul-Sep: S&P

Rediff.com7 Oct 2025

Private sector banks slipped in market capitalisation (mcap) during the July-September quarter, underperforming their government-owned peers as trade uncertainties dragged market sentiment, said S&P Global Market Intelligence. According to its analysis, HDFC Bank shed 4.8 per cent in mcap during the third quarter, while ICICI Bank's dropped 6.7 per cent.

How India's pharma cos plan to tackle steep US tariffs

How India's pharma cos plan to tackle steep US tariffs

Rediff.com10 Sep 2025

As the potential threat of a steep 200 per cent tariff on pharmaceutical imports hangs in the air, analysts and industry insiders feel that focus on exports to non-US regions as well as domestic market will increase as a long-term trend. US President Donald Trump told CNBC's Squawk Box in the first week of August that planned tariffs on import of pharmaceutical products to the US could eventually reach up to 250 per cent.

Physical AI: The Next Big Leap in Manufacturing

Physical AI: The Next Big Leap in Manufacturing

Rediff.com18 Oct 2025

Physical AI equips machines with the ability to perceive, learn, and act in the real world by integrating AI algorithms with sensors and actuators in physical systems like robots and vehicles.

Wholesale price inflation eases to 0.13% in Sep on lower food prices

Wholesale price inflation eases to 0.13% in Sep on lower food prices

Rediff.com14 Oct 2025

Wholesale price inflation (WPI) softened to 0.13 per cent in September on easing in prices of food articles and manufactured items, government data showed on Tuesday. WPI-based inflation was 0.52 per cent in August and 1.91 per cent in September last year.

Asset quality risk, a worry for IndusInd

Asset quality risk, a worry for IndusInd

Rediff.com6 Nov 2024

A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank's share price on Friday (October 25). Contingency provisions are generally made when a lender expects more bad loans in the coming quarters. Shares of the bank on Tuesday (October 29) declined 1.53 per cent to settle at Rs 1,038.2 apiece on the BSE.

FIDE World Cup: Good day for India as Humpy, Harika advance

FIDE World Cup: Good day for India as Humpy, Harika advance

Rediff.com10 Jul 2025

R Vaishali also made it to the next round, defeating Ouellet Maili-Jade of Canada in another Indian victory of the day while Divya Deshmukh ousted Kesaria Mgeladze of Georgia.

Can Private Bankers Transform Public Sector Banks?

Can Private Bankers Transform Public Sector Banks?

Rediff.com29 Oct 2025

Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.

Retail inflation slips to over 8-yr low of 1.54% in Sep

Retail inflation slips to over 8-yr low of 1.54% in Sep

Rediff.com13 Oct 2025

Retail inflation slipped to 1.54 per cent in September from 2.07 per cent in the preceding month mainly due to subdued prices of food items, including vegetables and pulses, according to government data released on Monday. The consumer price index (CPI) based inflation was 5.49 per cent in September 2024.

Sinquefield Cup: Praggnanandhaa draws again

Sinquefield Cup: Praggnanandhaa draws again

Rediff.com25 Aug 2025

In the sixth round Gukesh survived another scare before steering the game to a draw with Firouzja.

All Eyes On Oman: India Hits Nets

All Eyes On Oman: India Hits Nets

Rediff.com17 Sep 2025

After days of off-field drama, Team India was back on the field in Dubai at the ICC Academy, sharpening their skills ahead of the final Group A clash against Oman.

Sinquefield Cup: Praggnanandhaa draws; Gukesh survives Duda

Sinquefield Cup: Praggnanandhaa draws; Gukesh survives Duda

Rediff.com23 Aug 2025

Gukesh had another eventful game in a Queen pawn opening with black pieces.

Sinquefield Cup: Tough outing for Praggnanandhaa, Gukesh

Sinquefield Cup: Tough outing for Praggnanandhaa, Gukesh

Rediff.com22 Aug 2025

Praggnanandhaa held by Sevian; Gukesh draws with Vachier-Lagrave.

Sinquefield Cup: Praggnanandhaa in contention; Gukesh out

Sinquefield Cup: Praggnanandhaa in contention; Gukesh out

Rediff.com27 Aug 2025

Grandmaster R Praggnanandhaa kept himself in hunt for an overall top four finish in the Grand Chess Tour after a draw with Wesley So of the United States in the eighth and penultimate round of the Sinquefield Cup in St Louis (USA).

Indian women script history at FIDE World Cup

Indian women script history at FIDE World Cup

Rediff.com19 Jul 2025

This marks the first time that four players from a single country have reached the quarter-finals of the FIDE Women's World Chess Cup.

FIDE Women's World Cup: Vantika holds nerves to down Ushenina

FIDE Women's World Cup: Vantika holds nerves to down Ushenina

Rediff.com12 Jul 2025

With Vantika's hard-earned victory there are still five Indians left in the last 32 stage of this US$691,250 prize money event with an additional bonus of making it to the Women's candidates' tournament slated in 2026 for the top three finishers.

Praggnanandhaa in joint lead after win; Gukesh loses

Praggnanandhaa in joint lead after win; Gukesh loses

Rediff.com26 Aug 2025

R Praggnanandhaa scored a fluent victory over Frenchman Alireza Firouzja to claim the joint lead after the seventh round of the Sinquefield Cup.

Women's World Chess Cup: Humpy, Vantika steal the show

Women's World Chess Cup: Humpy, Vantika steal the show

Rediff.com10 Jul 2025

Vantika Agrawal humbled former World champion Anna Ushenina in the second round of FIDE Women's World Chess Cup in Batumi, Georgia, on Wednesday.

Praggnanandhaa qualifies for Grand Chess Tour finale

Praggnanandhaa qualifies for Grand Chess Tour finale

Rediff.com28 Aug 2025

R Praggnanandhaa sealed his spot in the Grand Chess Tour finale after finishing runner-up at the Sinquefield Cup.

Sinquefield Cup: Gukesh, Praggnanandhaa held to draws

Sinquefield Cup: Gukesh, Praggnanandhaa held to draws

Rediff.com21 Aug 2025

World champion D Gukesh was held to a draw by the lone wild card Samuel Sevian, while fellow Indian R Praggnanandhaa also split the point with Nodirbek Abdusattorov.

World Women's Chess Cup: Four Indians vie for QF spot

World Women's Chess Cup: Four Indians vie for QF spot

Rediff.com18 Jul 2025

International Master Divya Deshmukh, who is waiting to become a Grandmaster, had a tough day in office as she was outplayed by Zhu Jiner of China in the return game of the pre-quarterfinals in the FIDE World Women's Chess Cup in Batumi, Georgia on Thursday.

Women's WC: Divya, Humpy cruise into last 16

Women's WC: Divya, Humpy cruise into last 16

Rediff.com14 Jul 2025

While Vantika, Harika and Vaishali have an uphill task in the first set of tie-break games, they can still make it to the round of 16.

EB have it tough in maiden AFC Women's CL appearance

EB have it tough in maiden AFC Women's CL appearance

Rediff.com11 Sep 2025

The centralised semi-finals and the final are scheduled for May 20 to 23, next year.

Sinquefield Cup: Praggnanandhaa outwits Gukesh, goes third

Sinquefield Cup: Praggnanandhaa outwits Gukesh, goes third

Rediff.com19 Aug 2025

'Last year, I messed up some good positions against him, I think I did not beat him (in classical) for almost two years now, so finally it's good to get a win.'

Sinquefield Cup Chess: Gukesh back with a bang!

Sinquefield Cup Chess: Gukesh back with a bang!

Rediff.com20 Aug 2025

D Gukesh put his opening-round blues behind him and scored an excellent victory over former world rapid champion Nodirbek Abdusattorov of Uzbekistan in the second round of the Sinquefield Cup.

Can Shreyas Pip Sai Sudharsan To MVP?

Can Shreyas Pip Sai Sudharsan To MVP?

Rediff.com3 Jun 2025

Srinivas Bhogle and Purnendu Maji check out who could be the Most Valuable Player of IPL 2025 before the final.