News for 'Institute of Cost and Management Accountants'

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.

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.

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.

Run business schools like businesses

Run business schools like businesses

Rediff.com2 Dec 2019

The one-size-fits-all approach adopted by the AICTE is not suitable for regulating business schools in India, argues Asish K Bhattacharyya.

Roadblocks in the path of Maruti Suzuki

Roadblocks in the path of Maruti Suzuki

Rediff.com21 Dec 2020

Among the key concerns of the Street is market share losses in growth segments, led by higher competitive pressures.

Study Abroad: 10 Tips to get an Education Loan

Study Abroad: 10 Tips to get an Education Loan

Rediff.com3 Jun 2021

Ankit Mehra, founder and CEO, GyanDhan, an education financing marketplace, tells you how to apply for an education loan in the pandemic.

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.

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.

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.

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.

SBI Q3 net dips 4.2%; confident of higher loan growth

SBI Q3 net dips 4.2%; confident of higher loan growth

Rediff.com4 Feb 2021

The country's largest lender SBI on Thursday reported a 4.20 per cent decline in consolidated December quarter net at Rs 6,257.55 crore, largely because of a higher base in the year-ago period where it had benefitted from a Rs 4,500 crore one-off income. On a standalone basis, the city-headquartered lender's net profit came in at Rs 5,196.22 crore as against Rs 5,583.36 crore in the year-ago period and Rs 4,574.16 crore in the preceding September quarter. SBI chairman Dinesh Kumar Khara told reporters that the year-ago period had seen the resolution of the Essar Steel loans, resulting in an over Rs 4,000 crore interest income and Rs 500 crore other income benefit.

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.

What's next for India with FASTag technology

What's next for India with FASTag technology

Rediff.com1 Apr 2022

'EV-charging is the next big opportunity after fuelling'

India to provide info on US tax evaders

India to provide info on US tax evaders

Rediff.com23 Apr 2014

The US has been widely criticised for using pressure tactics to secure information from other countries, without reciprocity.

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.

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.

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

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.

10 ways the Price Waterhouse fallout changed auditing in India

10 ways the Price Waterhouse fallout changed auditing in India

Rediff.com10 Apr 2015

PwC one of the big four audit firms, has expressed disappointment at the conviction of two former partners in the Satyam scam.

What you MUST KNOW about education loans

What you MUST KNOW about education loans

Rediff.com13 Aug 2019

You can build your credit score and get tax benefit, but defaulting will make life difficult.

'Cement industry in India is institutionalising'

'Cement industry in India is institutionalising'

Rediff.com20 Apr 2019

With infrastructure claiming a larger share, movement and distribution of cement is bound to change.

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.

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.

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.'

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

How to fund your child's expensive foreign education

How to fund your child's expensive foreign education

Rediff.com4 Jul 2018

Take an education loan. Encourage them to freelance while studying.

Scam-hit PMC Bank invites EoI from potential investors

Scam-hit PMC Bank invites EoI from potential investors

Rediff.com3 Nov 2020

Fraud-hit Punjab and Maharashtra Cooperative (PMC) Bank on Tuesday invited expression of interest (EoI) from potential investors for investment or equity participation in the bank for its reconstruction. Subsequent to commencement of the normal day-to-day operations, it will be open for the investors to convert the bank into a small finance bank by making an application to the RBI, the lender said.

China's rising threat to India's exports

China's rising threat to India's exports

Rediff.com30 Jul 2018

Chinese manufacturers are re-routing their products through the markets of other countries that India has Free Trade Agreements with.

Why stock markets saw one of the most volatile days this decade

Why stock markets saw one of the most volatile days this decade

Rediff.com22 Sep 2018

'It is easy to dramatise the events of today, but it is far more important to focus on the fact that we have a radically overvalued financial sector. It is a house of cards.'

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.'

How Bankruptcy Law FAILED Home Buyers

How Bankruptcy Law FAILED Home Buyers

Rediff.com31 Aug 2021

Property buyers fund the project cost and the entire debt and entire equity servicing, and yet, have no locus standi in the IBC process, points out Debashis Basu.

Evolution of branchless banking in India

Evolution of branchless banking in India

Rediff.com11 Sep 2014

For people at the bottom of the pyramid, which I would rather address as mass market or emerging class; the primary challenge in accessing banking services are not just affordability but applicability and accessibility of services.

Bandhan Bank's tasks and opportunities

Bandhan Bank's tasks and opportunities

Rediff.com27 Aug 2015

The bank will have around 501 branches.

Low profile, yet outspoken, Trai's Vaghela knows how to take tough calls

Low profile, yet outspoken, Trai's Vaghela knows how to take tough calls

Rediff.com8 Oct 2020

Vagela could not have reached this position if Narendra Modi, who'd known him from his chief minister days, had not backed the choice.

Zoho looks to compete with Microsoft, Google in India

Zoho looks to compete with Microsoft, Google in India

Rediff.com20 Nov 2014

In the US, Zoho gets close to 80 per cent of its revenue from small companies, while the remaining comes from large ones.

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.

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.

How IL&FS crisis has impacted non-banking finance companies

How IL&FS crisis has impacted non-banking finance companies

Rediff.com5 Mar 2021

For non-banks, the IL&FS crisis was nothing short of India's Lehman moment, which has for a foreseeable future reset the sector on multiple grounds.

Start-ups tap training needs of techies

Start-ups tap training needs of techies

Rediff.com9 Jun 2017

Reskilling and online certification are the biggest earners in the Indian online education market