News for 'LOSING MONEY'

IOA's 'poor administration' costs India archery coach

IOA's 'poor administration' costs India archery coach

Rediff.com20 Jul 2024

Denied accreditation, India's Korean archery coach says he won't continue after contract expiry

Vi mulls rolling out 5G on large scale in 6 months

Vi mulls rolling out 5G on large scale in 6 months

Rediff.com17 May 2024

Debt-ridden Vodafone Idea is planning to begin 5G rollout in six months in select cities and places where 5G device concentration is high, a senior company official said on Friday. Vodafone Idea CEO Akshaya Moondra said the company expects capital expenditure of the company to be in the range of Rs 50,000-Rs 55,000 crore over the next three years with focus on expanding and strengthening 4G coverage.

Restoration of J-K statehood after assembly polls: Amit Shah

Restoration of J-K statehood after assembly polls: Amit Shah

Rediff.com8 Sep 2024

On the Opposition's poll promise of statehood restoration, Shah said, "I want to ask Farooq Abdullah and Rahul Gandhi, who is going to restore the statehood. You cannot give it back. Why are you misleading the public?"

Action Packed Time For Two-Wheelers!

Action Packed Time For Two-Wheelers!

Rediff.com19 Aug 2024

The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...

Job creation gets Budget boost with incentives

Job creation gets Budget boost with incentives

Rediff.com24 Jul 2024

Recognising job creation for the youth as the foremost challenge for the economy, Finance Minister Nirmala Sitharaman on Tuesday announced a comprehensive Prime Minister's package to facilitate the employment and skilling of 41 million youth with a central outlay of Rs 2 trillion over the next five-year period. The package will consist of five schemes and initiatives - three focused on jobs and two on skilling.

Superbet Classic: Praggnanandhaa let's Gukesh off the hook

Superbet Classic: Praggnanandhaa let's Gukesh off the hook

Rediff.com29 Jun 2024

With all games ending in draws, the lead positions remained unchanged and Gukesh continued to be at the top of the tables along with Fabiano Caruana of United States who drew a keenly contested game against Nodirbek Abdusattorov of Uzbekistan.

'Banks must be prepared for providing UPI credit'

'Banks must be prepared for providing UPI credit'

Rediff.com19 Jul 2024

'A credit line on UPI is going to make banks think about credit fundamentally as they digitise the credit process entirely.'

Shares or MFs? Where should your money go now?

Shares or MFs? Where should your money go now?

Rediff.com6 Jun 2008

What are the advantages of investing your money in mutual funds instead of doing it on your own? Here are a few reasons why you must prefer mutual funds.

ED arrests AAP's Himachal incharge Satyendar Jain in money laundering case

ED arrests AAP's Himachal incharge Satyendar Jain in money laundering case

Rediff.com30 May 2022

The Enforcement Directorate on Monday arrested Delhi minister Satyendar Jain in connection with a money laundering case, officials said.

Weakened majority for BJP poses challenges to reform agenda, says Fitch

Weakened majority for BJP poses challenges to reform agenda, says Fitch

Rediff.com5 Jun 2024

The BJP losing its outright majority and relying on allies to form a government could pose challenges for the more ambitious elements of reform agenda like land and labour, Fitch Ratings said in a note on Wednesday. Prime Minister Narendra Modi-led BJP lost its majority for the first time since 2014, winning 240 seats in the 543-seat Lok Sabha.

India in early stages of equity cult; budget eyed for populism: Chris Wood

India in early stages of equity cult; budget eyed for populism: Chris Wood

Rediff.com23 Jul 2024

Despite the rally in equities over the last few years, India, according to Christopher Wood, global head of equity strategy at Jefferies, is still in early stages of an equity cult. Any changes to the capital gains tax for equities - both long-term and short-term - in Budget 2024 scheduled to be announced on July 23, he believes, can trigger a bigger correction that what the markets witnessed post the Lok Sabha election outcome on June 4 that saw the Bharatiya Janata Party (BJP) lose majority, though it was able to form the government with the help of coalition partners.

With IPOs losing steam, Sebi steps in with 'hard underwriting' move

With IPOs losing steam, Sebi steps in with 'hard underwriting' move

Rediff.com3 Mar 2023

The Securities and Exchange Board of India's (Sebi's) proposal to re-introduce "hard underwriting" is seen as step to boost India's moribund initial public offering (IPO) markets. The regulator has proposed that in case an IPO fails to garner full subscription, the investment banker or a third-party can buy the unsubscribed shares. This practice was common during fixed-price issues prior to 1999. However, under the new book building regime, underwriting is allowed only to the extent of shortfall due to technical rejection of bids - this is referred to as "soft underwriting" and is rarely invoked.

'Comparisons With Vicky Used To Irritate Me A Lot'

'Comparisons With Vicky Used To Irritate Me A Lot'

Rediff.com5 Sep 2024

'That comparison, "Oh look at Vicky, do you also see yourself being that successful in life?"' 'Vicky has seen a lot and done a lot and he is where he is. I feel really happy about it.' 'But I have my own journey.'

'Democracy is not a destination'

'Democracy is not a destination'

Rediff.com29 Mar 2024

'Democracy cannot be taken for granted. It has to be fiercely guarded.'

'Kamala Harris Is Going To Win!'

'Kamala Harris Is Going To Win!'

Rediff.com29 Aug 2024

'The die is cast. The wave is for her.' 'We will win this. The numbers are going to be higher than people are saying.' 'It is going to be more closer to Obama's numbers than Biden's numbers.'

Nirav Modi loses bid to appeal against extradition

Nirav Modi loses bid to appeal against extradition

Rediff.com15 Dec 2022

Nirav Modi, the fugitive diamond merchant wanted in India to stand trial on fraud and money laundering charges, on Thursday suffered another setback in his legal battle against his extradition as the high court in London denied him permission to appeal against his extradition order in the UK Supreme Court. In a judgment order pronounced at the Royal Courts of Justice in London, Lord Justice Jeremy Stuart-Smith and Justice Robert Jay ruled that "the Appellant's (Nirav Modi) application for permission to appeal to the Supreme Court is refused".

'When It Happened To Me, I Was Shocked'

'When It Happened To Me, I Was Shocked'

Rediff.com20 Aug 2024

'I have had my share of unpleasant situations being a woman, like so many other actors have gone through.' 'I took it in my stride because I knew it happens.' 'What saved me was what my mother used to say: Education.'

Delhi bookies give 340 seats to NDA, 200 to INDIA

Delhi bookies give 340 seats to NDA, 200 to INDIA

Rediff.com3 Jun 2024

In line with most of the exit poll predictions, bookies in Delhi feel the ruling Bharatiya Janata Party-led National Democratic Alliance (NDA) will get more than 340 seats in the Lok Sabha polls while the Indian National Developmental Inclusive Alliance (INDIA) may secure around 200 seats.

Dr Dhruv Chauhan: 'There's No NEET Gadbad But A Scam'

Dr Dhruv Chauhan: 'There's No NEET Gadbad But A Scam'

Rediff.com26 Jun 2024

'Aspiring doctors have put in years of their lives to study in preparation for NEET exams as they start studies from Class 9 to get good marks.' 'And today, after the NEET paper leak, these students even after getting good marks are unable to get admission in any good medical college (because of inflated merit marks due to the paper leak).' 'They are thinking, was it worthwhile to study so hard for the examinations to become a doctor?'

Analysts wary of Vodafone Idea's falling subscribers, broadband users

Analysts wary of Vodafone Idea's falling subscribers, broadband users

Rediff.com14 May 2024

Vodafone Idea's (Vi's) subscriber loss reduced to a seven-month low in March, and alongside the company added 1.1 million broadband users after two months of net loss -- two things analysts have noted as key trends that need to be monitored. While Vi has been losing customers for more than two and a half years now, the churn reduced to below a million after five straight months in March, the Telecom Regulatory Authority of India (Trai) data has shown. "Jio's softer than usual subscriber growth in March, and VIL's slowing subscriber market share loss are key trends to keep an eye on going forward," global investment banking and financial services major UBS said in an analyst note.

Maha demands cancelling NEET results over grace marks

Maha demands cancelling NEET results over grace marks

Rediff.com8 Jun 2024

The National Testing Agency, however, denied any irregularities and said the changes made in the NCERT textbooks and grace marks for losing time at the examination centres are some of the reasons behind the students scoring higher marks.

A Request To Fund Managers

A Request To Fund Managers

Rediff.com15 Jun 2024

Please promise, especially those millions who trust you with their hard-earned money, never to let your voting preferences determine your actions on the markets. The most appalling and scary phenomenon was fund houses and brokerages going out on election yatras and writing copious reports promising more than 300 for the BJP. That was your wish as voters. Your investors are paying for it now, points out Shekhar Gupta.

'I have no sympathy for Byju's'

'I have no sympathy for Byju's'

Rediff.com12 Feb 2024

'What has happened at Byju's is no surprise to anyone.'

BJP minority morcha leader expelled for criticising Modi

BJP minority morcha leader expelled for criticising Modi

Rediff.com24 Apr 2024

Bikaner BJP minority morcha district president Usman Ghani, who expressed displeasure with Prime Minister Narendra Modi's recent remarks in Rajasthan, was on Wednesday expelled from the party for 'tarnishing' its image.

WI CEO slams ICC for sabotaging cricket in Caribbean

WI CEO slams ICC for sabotaging cricket in Caribbean

Rediff.com3 Mar 2024

Talking on the Wisden Cricket Monthly Podcast, Grave said that he is sick of the phrase that the 'world cricket needs a strong West Indies' team', especially when it is doing all it can to weaken it.

'No Sunset Clause For Old Tax Regime'

'No Sunset Clause For Old Tax Regime'

Rediff.com25 Jul 2024

'We have now drastically simplified it, primarily to two rates in long-term capital gains: 20% and the applicable rates. Similarly, in short-term capital gains.' 'For listed shares, there is a slight increase, but for unlisted shares, where indexation benefits are removed, there is a reduction in rates, benefiting unlisted companies, venture capital firms, etc.' 'Similarly, in real estate, wherever returns are higher, the new structure is beneficial. In very few cases, returns are lower, and those are more of an exception.'

Securities transaction tax on F&O contracts to be hiked

Securities transaction tax on F&O contracts to be hiked

Rediff.com24 Mar 2023

The government on Friday proposed hiking the securities transaction tax on Futures & Options (F&O) contracts, a move that will increase the trading costs in the derivatives segment as well as help in curbing excessive trades. In the Finance Bill 2023, passed by the Lok Sabha on Friday, the Securities Transaction Tax (STT) on options is proposed to be increased to 0.0625 per cent from 0.05 per cent and on futures contracts to 0.0125 from 0.01 per cent. Analysts opined that higher STT will shore up the government's revenues to some extent and also discourage excessive trading since a large number of retail traders are losing money in the segment.

Sensex ends down 220 points in volatile trade

Sensex ends down 220 points in volatile trade

Rediff.com28 May 2024

From the Sensex firms, Power Grid, NTPC, Tech Mahindra, Bharti Airtel, Tata Motors, IndusInd Bank, Reliance Industries, Kotak Mahindra Bank and Maruti were among the laggards. Asian Paints, Wipro, JSW Steel, Hindustan Unilever, Bajaj Finserv and Mahindra & Mahindra were among the biggest gainers.

Telcos reiterate demands over FSC, 6 GHz spectrum

Telcos reiterate demands over FSC, 6 GHz spectrum

Rediff.com13 Jun 2024

Telecom service providers have doubled down on their demands for a proposed fair-share charge (FSC) to be levied on major over-the-top (OTT) service providers, opening up the 6 GHz spectrum band and increasing the number of testing labs for telecommunication products. Telecom industry body Cellular Operators Association of India (COAI) on Wednesday said these were the topmost demands for Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government. The industry body wants this additional capital expenditure to be borne by these Large Traffic Generator (LTGs) OTTs as a proposed fair-share charge.

'India Must Not Give Sheikh Hasina Asylum'

'India Must Not Give Sheikh Hasina Asylum'

Rediff.com5 Aug 2024

'At this moment you cannot give her asylum because if you do, then you are directing public anger against India.'

Will Paytm Curbs Affect Users?

Will Paytm Curbs Affect Users?

Rediff.com23 Feb 2024

Get a new QR code from an alternative provider. PhonePe, Google Pay, Pine Labs, etc are some of the other service providers.

'I Managed To Make Some Successful Films'

'I Managed To Make Some Successful Films'

Rediff.com22 Jul 2024

'Everybody goes through tumultuous times. I've been lucky and my journey has been excellent.' 'I can't complain because I've had everything and God has been kind.'

Fall in other goods freight may put Railways' 2030 target off track

Fall in other goods freight may put Railways' 2030 target off track

Rediff.com10 Apr 2024

Indian Railways has managed to improve its freight volumes each year since the pandemic. However, its inability to add new industries and goods will pose a challenge for the national transporter in the wake of it setting an ambitious target of 45 per cent share in the national logistics by 2030. According to officials, the ministry of railways achieved 114 million tonnes (mt) of miscellaneous goods (classified as balance and other goods) in 2023-24.

Jharkhand's Champai Soren to face floor test today

Jharkhand's Champai Soren to face floor test today

Rediff.com5 Feb 2024

The MLAs of the ruling JMM-led alliance exuded confidence of winning the floor test, while the opposition BJP asserted that the coalition would be defeated.

Profit-booking drags Sensex, Nifty down

Profit-booking drags Sensex, Nifty down

Rediff.com3 Apr 2024

Among the Sensex constituents, as many as 16 stocks closed with losses with Nestle India, Kotak Mahindra Bank, IndusInd Bank, Bajaj Finserve, Titan and JSW Steel being the major laggards. Index major Reliance, Hindustan Unilever, Maruti and Tata Steel also declined due to selling pressure. In contrast, NTPC, TCS, Tech Mahindra, Bajaj Finance bucked the trend and ended the day in green. Axis Bank, Bharti Airtel, Mahindra & Mahindra and Tata Motors also defied the trend.

Jharkhand MLAs return to Ranchi ahead of trust vote

Jharkhand MLAs return to Ranchi ahead of trust vote

Rediff.com4 Feb 2024

The legislators landed at the Birsa Munda Airport in Ranchi in a chartered flight and were taken to the Circuit House in the city in two buses.

Tata Sons comes to rescue of Tata Play as it faces growth headwinds

Tata Sons comes to rescue of Tata Play as it faces growth headwinds

Rediff.com14 Oct 2023

The reported buyback of Temasek's 20 per cent stake in Tata Play by Tata Sons will be the third instance of Tata Group providing an exit to a foreign partner in recent years. In 2018, Tata Sons paid $1.27 billion to DoCoMo to buy back 26 per cent of the group's telecommunication venture, Tata Teleservices. This was followed by Tata Sons acquiring AirAsia Berhad's 49 per cent stake in AirAsia India in two tranches to make it a wholly owned subsidiary.

'US Will Never Let Pakistan Down'

'US Will Never Let Pakistan Down'

Rediff.com22 Jul 2024

'Pakistan is a nuclear country.' 'With the kind of situation that is there in Pakistan today, America will help Pakistan stay afloat.'

'Directors Weren't Noticing Me'

'Directors Weren't Noticing Me'

Rediff.com22 May 2024

'Money was pouring in after Movers & Shakers. At the turn of the millennium, I was voted one of the top 10 Mumbaikars. People joked that even when they switched off their TV sets, I was there! I would ask God if he was compensating me for the loss of Ayush, the greatest tragedy of my life.'

Norway: Praggnanandhaa stuns Caruana, enters top 10

Norway: Praggnanandhaa stuns Caruana, enters top 10

Rediff.com2 Jun 2024

Indian Grandmaster R Praggnanandhaa scored a massive, hard-earned victory over world number two Fabiano Caruana of the United States and made his way to the top 10 of world rankings after the end of fifth round of the Norway Chess tournament in Stavanger.