News for 'Institute of Cost and Management Accountants of India'

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.

Planning to invest directly in equities? Read this!

Planning to invest directly in equities? Read this!

Rediff.com8 Jan 2021

Sanjay Kumar Singh suggests key factors investors need to keep an eye on while choosing the direct investment route.

Because the offline world is not enough

Because the offline world is not enough

Rediff.com12 Dec 2013

E-vyapar.com to help small businesses manage inventory & accounts online.

Despite its FMCG push, for D-Street ITC is still a tobacco play

Despite its FMCG push, for D-Street ITC is still a tobacco play

Rediff.com20 Jun 2021

Most of the changes have come about in the last four years and ITC is now reaping the dividends - standalone revenues from the non-cigarettes FMCG business have grown 40 per cent from FY17 to Rs 14,728.21 crore in FY21 and pre-tax profits 30 times to Rs 823.69 crore. The business accounted for 30.58 per cent of gross revenues and 4.85 per cent of pre-tax profits in FY21. "In the last four years, our margins in FMCG have gone up by 640 basis points (bps) and EBITDA margins have been moving up consistently. "We created levers that enabled a sustained growth trajectory," said ITC chairman and managing director Sanjiv Puri. Puri took charge as the chief executive officer in 2017; in 2018, he was redesignated managing director and effective May 2019, he became chairman.

If your bank goes bust, how much money will you get?

If your bank goes bust, how much money will you get?

Rediff.com18 Feb 2020

'The new ceiling will cover around 93 per cent of all deposit accounts, up from 90 per cent earlier,' notes Tamal Bandyopadhyay.

How COVID-19 could change India's political economy

How COVID-19 could change India's political economy

Rediff.com3 Apr 2020

'While the poor have little say in shaping India's intellectual or public discourse, they do have a significant role in deciding political outcomes,' points out Roshan Kishore.

PM to launch COVID vaccination drive on Jan 16 at 10.30 am

PM to launch COVID vaccination drive on Jan 16 at 10.30 am

Rediff.com14 Jan 2021

Modi is also likely to launch the Co-WIN (COVID Vaccine Intelligence Network) App, a digital platform created for real-time monitoring of COVID-19 vaccine delivery and distribution.

Ratnakar Bank to buy part of RBS' businesses in India

Ratnakar Bank to buy part of RBS' businesses in India

Rediff.com10 Aug 2013

Ratnakar Bank to absorb RBS' employees involved in three businesses

Pros and cons of Indian banks' cross-selling initiatives

Pros and cons of Indian banks' cross-selling initiatives

Rediff.com28 Dec 2020

In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.

Algo traders find relief as volumes stabilise

Algo traders find relief as volumes stabilise

Rediff.com28 May 2020

The volume of shares traded in the stock market had fallen 28 per cent in April. Turnover, or the value of securities changing hands, fell 12.6 per cent. This trend of falling volumes seems to have stabilised in May.

Why are foreign fund houses exiting India?

Why are foreign fund houses exiting India?

Rediff.com12 Jan 2015

Most large fund houses, such as HDFC MF, ICICI Prudential AMC, Reliance MF, Reliance MF, Birla SunLife MF and SBI MF, have the backing of large banks or financial institutions, giving them reach and understanding, they say.

Ask parties not to protest amid pandemic: Uddhav to PM

Ask parties not to protest amid pandemic: Uddhav to PM

Rediff.com24 Nov 2020

Speaking during Prime Minister Narendra Modis video conference meeting with chief ministers of eight states which have reported high COVID-19 cases, Thackeray said the PM or Union Home Minister Amit Shah should convene a meeting of all parties to tell them about the seriousness of the situation.

Why the bullet train makes sense for India

Why the bullet train makes sense for India

Rediff.com27 Sep 2017

Questioning the bullet train in view of the investment needed in Indian Railways is similar to saying that India needed to invest in primary education rather than in IITs, says Shreekant Sambrani.

At 45K cr, Bandhan's IPO valuation is 2nd after SBI's

At 45K cr, Bandhan's IPO valuation is 2nd after SBI's

Rediff.com12 Mar 2018

C S Ghosh, founder of Bandhan Bank, believes his unique business model is not comparable to any financial institution in India -- neither small finance banks, nor big private sector banks -- and hence the valuations are justified.

The financial world is a dangerous place

The financial world is a dangerous place

Rediff.com1 Apr 2020

Banks can collapse, markets can be rigged, investment instruments can become worthless overnight, auditors can fail to blow the whistle, board directors can be asleep, and regulators can be incompetent, notes T N Ninan.

India's first small finance bank

India's first small finance bank

Rediff.com26 Apr 2016

Sarvjit Singh Samra's Capital Local Area Bank offers attractive features.

Budget 2018: What young India needs from Modi Sarkar

Budget 2018: What young India needs from Modi Sarkar

Rediff.com31 Jan 2018

Education, jobs, health and more: Experts share their wishlist.

Chanda Kochhar and 'clawback provisions'

Chanda Kochhar and 'clawback provisions'

Rediff.com4 Feb 2019

'If she contests it, then these people will have to fight it in court.'

Worried about LTCG tax on your MF investments?

Worried about LTCG tax on your MF investments?

Rediff.com31 May 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Why it's impossible for Air India to turn around

Why it's impossible for Air India to turn around

Rediff.com31 Jul 2018

Air India pilots and crew often play musical chairs, leading to a substantial revenue loss for the airline in an inefficiently managed set-up

6 suggestions for Nirmala Sitharaman, India's new FM

6 suggestions for Nirmala Sitharaman, India's new FM

Rediff.com3 Jun 2019

Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.

'Metro-man' says quality of engineers in India sub-standard

'Metro-man' says quality of engineers in India sub-standard

Rediff.com1 Sep 2016

A survey of 300 engineering colleges revealed that only 29 per cent engineers are employable, while 30 per cent can be made employable after further studies, whereas 48 per cent are simply not employable

How the note purge affects India's states

How the note purge affects India's states

Rediff.com20 Dec 2016

The ripples from November 8 may be seen in next year's state budgets.

India's COVID-19 toll tops 5,000 as govt announces lockdown exit plan

India's COVID-19 toll tops 5,000 as govt announces lockdown exit plan

Rediff.com30 May 2020

A PTI tally of figures announced by different states and union territories, as of 9.25 pm, showed a higher number of 1,76,792 confirmed cases and at least 5,100 deaths. It also showed nearly 86,000 recoveries and close to 85,700 active cases.

The visionary who made Indian IT industry global

The visionary who made Indian IT industry global

Rediff.com7 Dec 2020

One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.

PNB fraud could have been prevented if only...

PNB fraud could have been prevented if only...

Rediff.com11 Dec 2018

Use of blockchain technology will ensure that banks will not be blindsided like in the case of the Nirav Modi-Mehul Choksi blowout at PNB, says Raghu Mohan.

How Rajesh Gopinathan came to lead India's most valuable firm

How Rajesh Gopinathan came to lead India's most valuable firm

Rediff.com10 Jul 2018

Niraj Bhatt discovers how a CFO 'without a finance background' made it to the corner office at TCS.

The Crisis at India's public sector banks

The Crisis at India's public sector banks

Rediff.com26 Feb 2018

The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.

Your neighbourhood store can turn into a bank soon

Your neighbourhood store can turn into a bank soon

Rediff.com20 Aug 2015

Your nearest grocery shop might soon become a one-stop shop for depositing and withdrawing money.

UPI: It's not only about transferring money

UPI: It's not only about transferring money

Rediff.com30 Aug 2016

The interface allows you to add multiple banks and transfer money, even between payment wallets, for a fraction of existing costs

Want to invest? Stick to simple products

Want to invest? Stick to simple products

Rediff.com19 Jul 2019

It is easy to invest in exotic products but difficult to exit them. Think carefully before investing rather than being blown away by expected returns alone, suggests Mrin Agarwal, founder, Finsafe India.

They seek the blessings of Sun God to light up India

They seek the blessings of Sun God to light up India

Rediff.com29 Dec 2014

Aiming to enhance quality of life while conserving the planet, Fourth Partner has ventured into the disruptive sector of solar power

India Inc heaves sigh of relief over 30-day grace for loan default

India Inc heaves sigh of relief over 30-day grace for loan default

Rediff.com8 Jun 2019

Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.

'India is not producing sufficient good quality jobs'

'India is not producing sufficient good quality jobs'

Rediff.com8 Mar 2019

'The jobs that are being created now are the delivery boy jobs which are of extremely poor quality, or contractual jobs where you hire a person on a per piece basis.'

Want to save water? Give it a price

Want to save water? Give it a price

Rediff.com11 Nov 2018

'In India, we are paying a price for not managing water as we are not willing to pay the cost for it.'

Nirav Modi has been dethroned!

Nirav Modi has been dethroned!

Rediff.com2 Mar 2022

If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.

EMI moratorium: Calculate how much more you will pay

EMI moratorium: Calculate how much more you will pay

Rediff.com3 Jun 2020

Beware: During the period that you avail of the moratorium, there would be no repayment of interest or principal. Thus, the outstanding will go up substantially for this period as a consequence

Covid-19 impact: Earnings shrink as more firms post results for Q1

Covid-19 impact: Earnings shrink as more firms post results for Q1

Rediff.com17 Aug 2020

The combined profit before tax of 748 companies, which have declared their results for Q1FY21, is down 46 per cent YoY. Their net sales went down by a quarter as the Covid-19 lockdown led to a sharp fall in economic activity.

Is a low Brent crude oil price good for India?

Is a low Brent crude oil price good for India?

Rediff.com12 Jan 2015

The real benefits can be seen when prices stabilise, preferably at levels acceptable to both consumers and producers.

Foreign portfolio flows in 2020 turn positive after Covid-19 jitters

Foreign portfolio flows in 2020 turn positive after Covid-19 jitters

Rediff.com13 Aug 2020

In the past four months, $7.5 billion has flowed back into domestic stocks, helping the benchmark indices bounce back more than 40 per cent from their 2020 lows.