News for 'OED'

Sensex climbs 260 points on FII buying, hopes of India-US trade deal

Sensex climbs 260 points on FII buying, hopes of India-US trade deal

Rediff.com2 May 2025

Bajaj Finance, IndusInd Bank, State Bank of India, Maruti, Tata Motors, ITC, Tata Steel and Reliance Industries were also among the gainers. Nestle, NTPC, Kotak Mahindra Bank, Power Grid and Titan were among the laggards.

Increase in room rates, higher occupancy to drive gains for Indian Hotels

Increase in room rates, higher occupancy to drive gains for Indian Hotels

Rediff.com28 Jan 2025

Indian Hotels reported strong consolidated revenue growth of 29 per cent year-on-year (Y-o-Y) in the third quarter of the current financial year (Q3FY25), led by revenue per available room, or RevPAR, growth of 15 per cent. The average room rate, or ARR, was up 13 per cent and occupancy improved 120 basis points (bps) Y-o-Y on a standalone business. Like-for-like revenue growth was 15 per cent Y-o-Y, while TajSats (airline catering) grew by 18 per cent Y-o-Y.

Kerala shocker: Police tell Dalit woman to drink water from toilet

Kerala shocker: Police tell Dalit woman to drink water from toilet

Rediff.com20 May 2025

Her claims of being detained overnight at the police station without food or sleep and being asked to drink toilet water by police personnel have sparked widespread outrage.

Shoe pinches for most large footwear companies

Shoe pinches for most large footwear companies

Rediff.com11 Mar 2025

Footwear companies were among the weakest performers in the consumer discretionary sector during the October-December quarter (Q3) of 2024-25. The combined revenue growth of the top four listed firms was just 2.9 per cent year-on-year (Y-o-Y) - the lowest among major discretionary categories.

Brokerages split after JSW Steel Q3 results miss estimates

Brokerages split after JSW Steel Q3 results miss estimates

Rediff.com28 Jan 2025

Steel maker JSW Steel's Q3 results, announced on January 24, 2025, after market hours, failed to meet Street expectations. The company reported a consolidated net profit attributable to the owners of Rs 717 crore in Q3FY25, reflecting a 70.3 per cent decline Y-o-Y, compared to Rs 2,415 crore in Q3FY24.

Maruti Suzuki PV production down 16% Y-o-Y in Oct

Maruti Suzuki PV production down 16% Y-o-Y in Oct

Rediff.com4 Nov 2024

Car market leader Maruti Suzuki India cut production of its passenger cars by 16 per cent last month but increased those of utility vehicles by 33 per cent compared to October 2023, according to a regulatory filing by the company. Its passenger cars production stood at 89,174 units last month against 1,06,190 units in October 2023, down 16 per cent, Maruti Suzuki India said in the filing.

10 Stocks That Soared While Market Sank

10 Stocks That Soared While Market Sank

Rediff.com24 Mar 2025

The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.

GST revenue hits record high of Rs 2.37 lakh cr in April

GST revenue hits record high of Rs 2.37 lakh cr in April

Rediff.com1 May 2025

Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, which the government said shows resilience of the Indian economy and the effectiveness of cooperative federalism. The gross GST mop-up was Rs 2.10 lakh crore in April 2024 -- the second highest collection ever since GST was rolled out on July 1, 2017. The net mop-up was Rs 1.92 lakh crore.

Slow margin recovery likely to remain a headwind for LTIMindtree

Slow margin recovery likely to remain a headwind for LTIMindtree

Rediff.com26 Jan 2025

LTIMindtree's (LTIM's) December quarter revenue, at $1.139 billion, was up 1.8 per cent quarter-on-quarter (Q-o-Q) (5.6 per cent year-on-year or Y-o-Y) in constant currency (CC) terms, marginally ahead of expectations.

Will money in hand from tax breaks spur housing demand?

Will money in hand from tax breaks spur housing demand?

Rediff.com21 Apr 2025

Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.

PIX: De Bruyne strike earns Manchester City win over Wolves

PIX: De Bruyne strike earns Manchester City win over Wolves

Rediff.com3 May 2025

Captain Kevin De Bruyne scored in his penultimate game at Etihad Stadium as Manchester City beat Wolverhampton Wanderers 1-0 on Friday to climb to third in the Premier League and boost their chances of Champions League qualification.

Recipe: Hitesh's Mom's Sambhar

Recipe: Hitesh's Mom's Sambhar

Rediff.com28 Apr 2025

Hitesh Harisinghani's mother learned to make sambhar from his nani. Packed with vegetables, it has a dash of sweetness from the jaggery, and sour from tamarind and tomatoes.

Shah Rukh: 'You Will Never Be Lonely If...'

Shah Rukh: 'You Will Never Be Lonely If...'

Rediff.com2 May 2025

Shah Rukh Khan is known for his wit and humour, and it was on full display at the World Audio Visual and Entertainment Summit (WAVES) 2025 event on May 1.

Analysts maintain 'Buy' calls on ICICI Bank after Q3; see up to 32% upside

Analysts maintain 'Buy' calls on ICICI Bank after Q3; see up to 32% upside

Rediff.com28 Jan 2025

Defying the bearish sentiment in the markets on Monday, ICICI Bank's share price rose by 2 per cent, reaching an intraday high of Rs 1,234.4 per share on the BSE. With a 1.5 per cent gain at the close, the stock emerged as the top performer on both the BSE Sensex and the National Stock Exchange Nifty 50 indices.

Trump removes office desk after Musk's son's booger incident

Trump removes office desk after Musk's son's booger incident

Rediff.com22 Feb 2025

According to the paper, Trump is known for his extreme germophobia. Trump has spoken openly about his phobia of germs in the past too.

Growth jitters take a 'byte' out of TCS

Growth jitters take a 'byte' out of TCS

Rediff.com27 Feb 2025

Shares of Tata Consultancy Services (TCS), the country's largest IT services provider, continue to remain under pressure, hitting a new eight-month low of Rs 3,624.90 intraday on Tuesday before closing at Rs 3,631, down 1.19 per cent. In the past two trading sessions, the stock price has declined 4 per cent on fears of a slowing US economy.

March blow for retail auto sales, may face headwinds

March blow for retail auto sales, may face headwinds

Rediff.com10 Apr 2025

The only silver lining in March's performance -- which otherwise dragged down the financial year's momentum -- was a 6 per cent year-on-year (Y-o-Y) growth compared to March of the previous year. This is largely due to incentives, festival-driven gains, and new launches.

EPL PIX: City score late win; Villa crush Newcastle

EPL PIX: City score late win; Villa crush Newcastle

Rediff.com20 Apr 2025

A round-up of Saturday's action in the Premier League.

Modi will deliver Mann Ki Baat Parliament edition: Derek O'Brien

Modi will deliver Mann Ki Baat Parliament edition: Derek O'Brien

Rediff.com5 Feb 2024

"In his 2 speeches will he tell us: Why has PM not answered a single question in Parliament?... Why are Opposition MPs denied basic rights: voting, discussion?" O'Brien said.

Growth worries, competitive pressures weigh on Trent stock performance

Growth worries, competitive pressures weigh on Trent stock performance

Rediff.com15 Apr 2025

The stock of India's largest listed pure play retail major Trent was down 14.76 per cent at close on Monday after a fall in revenue growth for the March quarter of 2024-25 (Q4FY25). The sales growth trajectory has been in a declining trend over the last few quarters, which, coupled with falling operational metrics, higher competitive intensity, and expensive valuations, has seen the stock crack about 44 per cent since its 52-week highs in October last year.

TMC gives 24-hr ultimatum to EC to 'accept mistake'

TMC gives 24-hr ultimatum to EC to 'accept mistake'

Rediff.com3 Mar 2025

The Trinamool Congress (TMC) has demanded that the Election Commission (EC) accept its error in issuing duplicate voter card numbers within 24 hours, threatening to release more documents on the issue if the EC fails to do so. The party alleged that the EC issued the statement after the TMC announced it would hold a press conference on the issue, and termed it an "Epic Scam." The EC had said it would rectify the issue and update its technology-driven platform, but the TMC insists the EC must accept the error. The party also demanded an in-depth probe into the matter.

PIX: Back from ban, China's Zhao is World snooker champion

PIX: Back from ban, China's Zhao is World snooker champion

Rediff.com6 May 2025

Zhao Xintong received a 20-month ban in January 2023 after a match-fixing scandal that rocked the sport, the repercussions of which meant he was classed as an amateur at the World Snooker Championship.

Dabur is one of the FMCG majors which may be hard hit

Dabur is one of the FMCG majors which may be hard hit

Rediff.com11 Apr 2025

The fast-moving consumer goods (FMCG) sector is likely to report muted results in the fourth quarter of 2024-25 (Q4FY25) due to weakness in urban consumption. The weakness may persist through the first half of 2025-26 (H1FY26).

Why Are KKR Fans Upset With Nitish Rana?

Why Are KKR Fans Upset With Nitish Rana?

Rediff.com27 Mar 2025

As he was dismissed for just eight runs, KKR fans served him a brutal reminder of his old 'loyalty' remark.

Power utilities likely to see moderate growth in Q3 earnings

Power utilities likely to see moderate growth in Q3 earnings

Rediff.com22 Jan 2025

Power utilities may report moderate growth in earnings for Q3FY25. Generation is up 3 per cent year-on-year (Y-o-Y) in Q3 on lower cooling demand and high base, to 429 billion units (BU). Peak demand was steady at 224 Gw in Q3FY25, a 10 per cent decline from the record highs of 250 Gw in May 2024.

NZ whip Pakistan in first ODI after Chapman, Mitchell tons

NZ whip Pakistan in first ODI after Chapman, Mitchell tons

Rediff.com29 Mar 2025

Mark Chapman scored 132 and Daryl Mitchell 76 in a 199-run partnership as New Zealand amassed 344 for 9 and went on to beat Pakistan by 73 runs in the first One-Day International at Napier on Saturday.

'Yes Bank has solved the asset quality problem'

'Yes Bank has solved the asset quality problem'

Rediff.com17 May 2025

'Now we have one of the best asset qualities in the industry.'

Godrej Consumer may be the fastest growing FMCG player in FY26

Godrej Consumer may be the fastest growing FMCG player in FY26

Rediff.com26 Mar 2025

Godrej Consumer Products (GCPL) had a disappointing third quarter (Q3FY25) with flat volumes (after 7 per cent growth H1FY25). Price hikes will be required to maintain margins to offset the cost of palm oil inflation. However, some analysts see Q3 as an exception with strong volume growth expected to resume and it may be the fastest growing FMCG player in FY26.

Kesari Chapter 2 Review: For The Love Of Drama!

Kesari Chapter 2 Review: For The Love Of Drama!

Rediff.com18 Apr 2025

Kesari 2 has more style than substance on its mind, feels Sukanya Verma.

How Sebi plans to ensure greater transparency and ease of doing business

How Sebi plans to ensure greater transparency and ease of doing business

Rediff.com25 Mar 2025

Under its new chairman Tuhin Kanta Pandey, the Securities and Exchange Board of India (Sebi) has gravitated towards greater transparency and ease of doing business, setting an objective of "effective and optimum" regulation. On Monday, during its first board meeting under Pandey, the regulator has decided to constitute a high-level committee (HLC) to review conflicts of interest and unveiled initiatives to simplify regulatory processes.

Just Who Was Mahatma Phule?

Just Who Was Mahatma Phule?

Rediff.com11 Apr 2025

The latest biopic on Jyotibai Phule has come at a time when the Department of Taking Offence is super-active. Utkarsh Mishra feels it will be interesting to see if it portrays his attack on Brahminism in the same 'no holds barred' manner-- and, if it does, what reaction it provokes.

Zverev, Sabalenka open with easy wins at Madrid Open

Zverev, Sabalenka open with easy wins at Madrid Open

Rediff.com26 Apr 2025

Zverev cruised past home favorite Roberto Bautista Agut 6-2, 6-2, while Sabalenka triumphed over qualifier Anna Blinkova 6-3, 6-4.

EPL PIX: Arsenal edge Newcastle; Forest keep hopes alive

EPL PIX: Arsenal edge Newcastle; Forest keep hopes alive

Rediff.com19 May 2025

Arsenal snapped a season-long jinx against Newcastle United with a nervy 1-0 win in their last Premier League home game on Sunday.

Don't know what will happen: Trump as Hamas deadline approaches

Don't know what will happen: Trump as Hamas deadline approaches

Rediff.com15 Feb 2025

United States President Donald Trump said on Friday that he was not sure what would happen on Saturday at noon, a reference to the deadline he put in place earlier this week, saying 'let all hell break out' if Hamas does not release hostages still being held in Gaza by noon on Saturday.

Demand woes likely to keep a lid on HUL stock in near term

Demand woes likely to keep a lid on HUL stock in near term

Rediff.com24 Jan 2025

The October-December quarter (Q3FY25) results of fast moving consumer goods (FMCG) major Hindustan Unilever (HUL) indicated weak demand, with urban growth muted and rural showing recovery. Consolidated revenue grew by 1.6 per cent (volume was flat) to Rs 15,818 crore, due to price hikes. Prices of key raw materials such as palm oil and tea remained elevated, leading to compression of gross margin.

Did Sinead O'Connor Die By Suicide?

Did Sinead O'Connor Die By Suicide?

Rediff.com27 Jul 2023

Sinead O'Connor, the gifted Irish singer-songwriter, became a superstar in her mid-20s and was known as much for her private struggles and provocative actions as for her fierce and expressive music.

Sonia, Mamata got in touch with my wife, reveals Dhankhar

Sonia, Mamata got in touch with my wife, reveals Dhankhar

Rediff.com17 Mar 2025

Vice President Jagdeep Dhankhar expressed gratitude to several leaders, including Congress leader Sonia Gandhi and West Bengal Chief Minister Mamata Banerjee, for their concern and well wishes after he was hospitalized for cardiac-related ailments. Dhankhar, who resumed chairing the Rajya Sabha on Monday, said he was "greatly touched" by the concern expressed across party lines, which contributed to his speedy recovery.

New Zealand rest IPL-bound stars for Pakistan T20 series

New Zealand rest IPL-bound stars for Pakistan T20 series

Rediff.com11 Mar 2025

Michael Bracewell, who was one of the main performers for New Zealand in the Champions Trophy, will lead the side in the absence of Mitchell Santner.

It's The Enemy's Flag. I Still Won't Step On It

It's The Enemy's Flag. I Still Won't Step On It

Rediff.com3 May 2025

'I'm not dismissing the anger that drives people to stomp on the enemy's flag. 'In times of collective grief and rage, that kind of expression is understandable, especially in the age of viral content. 'But must I do it too?' asks Nikhil Narayanan.

Suspended Derek O'Brien referred to privileges panel for contempt of RS

Suspended Derek O'Brien referred to privileges panel for contempt of RS

Rediff.com14 Dec 2023

Trinamool Congress (TMC) MP Derek O'Brien was suspended from the Rajya Sabha on Thursday for the remainder of the winter session of Parliament and the matter referred to the privileges committee as he did not leave the House even after repeated directions from Chairman Jagdeep Dhankhar.