News for 'Infrastructure Finance Company'

Attractive home loans? Tread with caution

Attractive home loans? Tread with caution

Rediff.com22 Jan 2015

If you are looking to stay in the property, unnecessary delays will only increase the cost.

'A slip-up can break trust of investors'

'A slip-up can break trust of investors'

Rediff.com3 Jan 2023

'Strong regulations are crucial for the orderly development of the market.'

BSE, NSE to shift scrips to restricted segment on Aug 5

BSE, NSE to shift scrips to restricted segment on Aug 5

Rediff.com4 Aug 2014

While BSE has identified 373 companies whose securities will remain under restricted category, NSE has listed over 116 companies.

Can Bhagwant Mann stop Punjab from going the Sri Lanka way?

Can Bhagwant Mann stop Punjab from going the Sri Lanka way?

Rediff.com20 Jul 2022

Mann stares at a twin-headed monster: Resuscitating the state's debilitated public-sector enterprises and controlling the spiralling debt to keep the state machinery and his poll-fuelled populist schemes running.

Dear Nirmalaji, please consider affordable housing

Dear Nirmalaji, please consider affordable housing

Rediff.com11 Jan 2021

Akansha Dixit, who works in a firm in Mumbai, tells Rediff.com's A Ganesh Nadar what she would like to see in Finance Minister Nirmala Sitharaman's Budget.

ICC agrees to consider allowing three nominees from BCCI

ICC agrees to consider allowing three nominees from BCCI

Rediff.com2 Feb 2017

The Supreme Court on Wednesday was told that the International Cricket Council (ICC) has agreed to consider allowing three nominees from the Indian Cricket Board (BCCI) to participate in its crucial meeting in Dubai on 2 February.

Bharti Airtel Q4 profit zooms to Rs 2008 crore

Bharti Airtel Q4 profit zooms to Rs 2008 crore

Rediff.com17 May 2022

India's second-largest telecom operator Bharti Airtel on Tuesday posted more than twofold year-on-year jump in its consolidated net profit for the March quarter to Rs 2,008 crore, buoyed by a lift in average revenue per user and an exceptional gain. The telco said its Q4 scorecard was backed by strong performance delivery across the portfolio and its CEO Gopal Vittal, in a statement, exuded optimism about opportunities in the coming years and Airtel being "well-poised" as a company. Airtel, which competes in the market with Reliance Jio and Vodafone Idea, as well as state-owned BSNL/MTNL, promised to maintain razor sharp focus on financial flexibility, optimising the capital structure and finance cost.

Non-govt PFs, gratuity funds can now invest in AIFs

Non-govt PFs, gratuity funds can now invest in AIFs

Rediff.com17 Mar 2021

The government has brought in changes to the investment pattern for non-government provident funds, and superannuation and gratuity funds, enabling them to invest up to 5 per cent in the units of Category I and Category II alternative investment funds (AIFs), subject to some caveats. The development is part of the central government's strategy to channelise domestic savings and improve their returns to attract more investment in the said sectors. At present, these funds typically invest a minimum 45 per cent in government securities, besides new instruments, such as exchange-traded funds and real estate investment funds, while a portion in equity-related instruments.

India's bond slump worse than others, issuance value down 10.1%

India's bond slump worse than others, issuance value down 10.1%

Rediff.com19 Apr 2022

Indian issuers are borrowing lesser through bonds compared to their global peers. The total value of bond issuances was down 10.1 per cent on a rolling 4-quarter basis in March 2022, compared to a similar period in March 2019, shows an analysis of data from tracker Refinitiv, a London Stock Exchange Group (LSEG) business. The four quarters ended March 2019 marked the last full financial year before the pandemic took hold.

Flurry of IPOs: Sebi warns against threat of technical glitches

Flurry of IPOs: Sebi warns against threat of technical glitches

Rediff.com16 Mar 2021

Sebi has asked intermediaries to stagger the offerings as much as possible, said people in the know and ensure adequate capacity building.

Cyrus Mistry: The Wise Young Owl

Cyrus Mistry: The Wise Young Owl

Rediff.com9 Sep 2022

'Cyrus was always very different. He would think before acting.'

SBI may participate in the Rs 4,500 cr rights issue of IL&FS along with LIC

SBI may participate in the Rs 4,500 cr rights issue of IL&FS along with LIC

Rediff.com2 Oct 2018

The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31

Will TCS Enter The Metaverse?

Will TCS Enter The Metaverse?

Rediff.com7 Jun 2022

'At present Metaverse is a hype cycle.' 'If it succeeds, then I would like to see TCS there, too.'

New-look FRDI bill to offer higher deposit insurance

New-look FRDI bill to offer higher deposit insurance

Rediff.com17 Oct 2019

The government would be ironing out issues related to the controversial 'bail-in' clause in the earlier Bill, explore hiking the deposit insurance cover of customers, and decide whether the resolution framework should apply to public sector banks.

IPOs: Over 60 SMEs likely to tap the market in 1 year

IPOs: Over 60 SMEs likely to tap the market in 1 year

Rediff.com26 May 2021

More than 60 small and medium enterprises (SMEs) are expected to tap the market in one year to raise equity funds for supporting their business requirements, a BSE top official said on Wednesday. These companies will get listed on the exchange's SME platform, Ajay Thakur, head of BSE SME and Startup told PTI. Last year, only 16 SMEs had tapped the initial public offering (IPO) route and raised Rs 100 crore.

American Tower bulks up in India with $1.2 billion Viom stake buy

American Tower bulks up in India with $1.2 billion Viom stake buy

Rediff.com21 Oct 2015

American Tower bulks up in India with $1.2 billion Viom stake buy

Shortage of charging stations may short-circuit India's EV revolution

Shortage of charging stations may short-circuit India's EV revolution

Rediff.com4 Aug 2022

Only a few thousand chargers dot the Indian landscape, some in working condition, others not, with some held hostage to the power supply vagaries of local utilities, reports S Dinakar.

Retain talent or new banks will poach them: Job hunters

Retain talent or new banks will poach them: Job hunters

Rediff.com3 Apr 2014

Banks should try its best to retain talent.

How a little-known infra firm beat the Goliaths

How a little-known infra firm beat the Goliaths

Rediff.com31 Aug 2020

MEIL has become one of the fastest growing and most successful infrastructure and engineering, procurement, and construction companies in the country in recent times.

Japan's $34-bn pledge unmasks Modi's growth ploy

Japan's $34-bn pledge unmasks Modi's growth ploy

Rediff.com2 Sep 2014

Modi has plenty of opportunities to test out his strategy. Chinese President Xi Jinping and Australian Prime Minister Tony Abbott will visit India this month, and Modi will fly to Washington towards the end of September for a summit with US President Barack Obama.

We need Modi the Thanedar, not Chowkidar

We need Modi the Thanedar, not Chowkidar

Rediff.com8 Apr 2022

I am not sure if Modi can ever act as a chowkidar, even if he wants to. But he can surely act as a thanedar, by ensuring a fast resolution of corruption cases once they come to light. Exemplary action is easier and will burnish his anti-corruption image, argues Debashis Basu.

4 ways Nirmalaji's Budget is different

4 ways Nirmalaji's Budget is different

Rediff.com6 Mar 2021

But it is disappointing to note that Sitharaman's third Union Budget continues to promote a few problematic ideas, observes A K Bhattacharya.

China: India must hold the line in the north

China: India must hold the line in the north

Rediff.com8 Sep 2020

'Our strategy should be to 'hold the line' in the north on the Sino-Indian land frontier, but maintain and, if possible, enlarge India's current edge in the maritime south.'

Want to invest in Healthcare ETFs?

Want to invest in Healthcare ETFs?

Rediff.com4 Jun 2021

If a retail investor wants exposure to a healthcare ETF, it should be a part of his satellite portfolio, suggests Sanjay Kumar Singh.

Why did India's building craze halt?

Why did India's building craze halt?

Rediff.com15 Nov 2019

'The real estate sector has been badly bruised because it has become too reliant on funding from NBFCs, including housing finance companies. 'When the NBFC industry was rocked late last year by a large default, the real estate sector was hit hard. 'An intricate web of links between rural incomes, construction activity and shadow banks are fuelling the economic slowdown', says Pranjul Bhandari.

Budget 2019: Centre's capex projected to rise to Rs 3.38 trillion in FY20

Budget 2019: Centre's capex projected to rise to Rs 3.38 trillion in FY20

Rediff.com6 Jul 2019

As a percentage of the aggregate Budget expenditure, it is 12 per cent.

How can Nirmalaji raise more revenue?

How can Nirmalaji raise more revenue?

Rediff.com11 Nov 2020

Every option before the finance minister comes with a price tag, observes T N Ninan.

Budget 2022: Insurers want investment limit of 80C hiked

Budget 2022: Insurers want investment limit of 80C hiked

Rediff.com26 Jan 2022

Insurance companies are seeking a separate deduction limit of Rs 1 lakh for insurance premium payment under Section 80C of the Income Tax Act in the upcoming Union Budget to bring in more people under the ambit of insurance. The insurers also want reduction in the goods and services tax (GST) rate of 18 per cent currently applied on health insurance products to 5 per cent to make such products more affordable to common people. Finance Minister Nirmala Sitharaman will present the Union Budget for 2022-23 on February 1.

Buying a house this festive season?

Buying a house this festive season?

Rediff.com2 Nov 2021

Experts say this is a good time to buy a house for self-use, points out Sanjay Kumar Singh.

'FM did nothing to create jobs, reduce inequality'

'FM did nothing to create jobs, reduce inequality'

Rediff.com2 Feb 2021

'I would want people to have food on their tables and their wages to rise.' 'Will that happen or not is the question that we need to ask and answer.'

Stocks You Must AVOID or EXIT

Stocks You Must AVOID or EXIT

Rediff.com26 Apr 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Despite regulatory uncertainties, investors betting big on Web3 startups

Despite regulatory uncertainties, investors betting big on Web3 startups

Rediff.com21 Nov 2022

If you are a budding developer and interested in Web3, chances are that you will be headed to one of India's largest-ever meetings of Web3 developers, being held by Polygon, a Web3 platform. The company's ongoing "Web3: Made in India Tour" is expected to see close to 4,000 developers coming together at the inaugural Polygon Connect event in Bengaluru on December 1. The event highlights the growing dominance of Web3 developers from India, as well as the sector's rising interest to investors, who continue to invest in startups despite a funds crunch.

Lessons for investors from Zee stock crash

Lessons for investors from Zee stock crash

Rediff.com9 Feb 2019

Stocks of companies where promoters have pledged a high percentage of shares, like the Zee group, can be volatile. Such stocks are also prone to rumours, reports Sanjay Kumar Singh.

Why Bank HRs Are Under Pressure Suddenly

Why Bank HRs Are Under Pressure Suddenly

Rediff.com10 Nov 2022

Employees across segments, including those involved in specialised jobs such as technology, compliance and risk management, have started leaving the bank fold in hordes, observes Tamal Bandyopadhyay.

How NRIs should manage finances on homecoming

How NRIs should manage finances on homecoming

Rediff.com29 Mar 2016

When an NRI returns to India, he should be aware of his tax residency status.

Crude calculations on a Russian oil price cap

Crude calculations on a Russian oil price cap

Rediff.com8 Nov 2022

Come December, India may have to re-evaluate purchases of Russian oil if a price cap on crude oil proposed by the US and the European Union (EU) comes into effect. That impacts nearly a quarter of India's oil purchases that come at a discount, helping limit marketing losses for India's state refiners and enabling New Delhi to manage inflation by freezing pump prices of motor fuels. In September, India imported 1 million barrels a day or 24 per cent of its overall imports from Russia, which became the biggest supplier of oil to India.

Job situation bleak as hiring slumps by 45%

Job situation bleak as hiring slumps by 45%

Rediff.com30 Oct 2017

Wipro, Steel Authority of India, HDFC Bank, Mahanagar Telephone Nigam, Bharat Heavy Electricals and Reliance Commnications among companies reporting a decline in headcount in FY17.

How top realtors plan to transform Central Mumbai

How top realtors plan to transform Central Mumbai

Rediff.com22 Aug 2021

One of Mumbai's biggest real estate redevelopment projects of Bombay Development Directorate's (BDD's) chawls (large buildings divided into many separate tenements, offering cheap, basic accommodation) has taken off in Central Mumbai, opening up a Rs 20,000-crore opportunity for real estate companies. It is expected to drive down real estate prices in Central Mumbai by up to 25 per cent, forecast real estate experts. Spread over 92 acres in Central Mumbai's prime localities of Worli, Lower Parel, and Dadar and consisting 195 four-storey houses, the BDD chawls were constructed in the 1920s.

Bandhan Bank still waiting for RBI guidelines on meeting promoter holding norms

Bandhan Bank still waiting for RBI guidelines on meeting promoter holding norms

Rediff.com17 Aug 2018

RBI's licensing norms require a bank to bring down promoter holding to 40 % within 3 years of operation - which, for Bandhan Bank, will be by Aug 23

No tax relief for these home buyers

No tax relief for these home buyers

Rediff.com3 Feb 2020

There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.