News for 'OED'

Strong India biz growth to drive gains for Godrej Consumer

Strong India biz growth to drive gains for Godrej Consumer

Rediff.com2 Nov 2024

Godrej Consumer Products Ltd (GCPL) reported a 2 per cent year-on-year (Y-o-Y) increase in consolidated revenue to Rs 3,670 crore. Organic revenue growth in constant currency was up 14 per cent Y-o-Y. Consolidated operating profit was up 5 per cent to Rs 760 crore, profit before tax grew 10 per cent Y-o-Y to Rs 710 crore, and adjusted net profit grew 12 per cent Y-o-Y to Rs 490 crore.

NZ take charge as England tumble in Hamilton

NZ take charge as England tumble in Hamilton

Rediff.com15 Dec 2024

New Zealand took charge on the second day of the third Test by dismissing England for 143 and making 136/3 at close of play for an overall lead of 340.

India's fiscal deficit touches 74.5% of full year target at end-Jan

India's fiscal deficit touches 74.5% of full year target at end-Jan

Rediff.com28 Feb 2025

The Centre's fiscal deficit touched 74.5 per cent of the annual target at the end of January 2025, according to the data released by Controller General of Accounts (CGA) on Friday.

Where A Heroic Battle Against The Chinese Was Fought

Where A Heroic Battle Against The Chinese Was Fought

Rediff.com10 Apr 2025

The Battle of Lhagyala on November 23, 1962, fought by the 4 Rajput Regiment against the Chinese PLA, remains a forgotten chapter of heroism, with no survivors left to tell their story.

Budget key trigger for life insurance companies' stocks in near term

Budget key trigger for life insurance companies' stocks in near term

Rediff.com21 Jan 2025

The data for individual weighted received premium (WRP) showed divergent trends for life insurers in December 2024. Overall, the industry's individual WRP grew 4.8 per cent year-on-year (Y-o-Y); LIC's individual WRP declined 13 per cent while private players saw 11.4 per cent growth.

Core acquisition adds to Metropolis Healthcare's long-term growth plans

Core acquisition adds to Metropolis Healthcare's long-term growth plans

Rediff.com27 Dec 2024

Metropolis Healthcare (MHL) has decided to acquire a 100 per cent stake in Gurgaon-based Core Diagnostics for Rs 247 crore. This is about 2.2x FY24 (financial year 2023-24) enterprise value (EV)/sales and estimated 14x FY26 EV/Ebitda for the deal.

Jan 6 IED blast kingpin also killed in Chhattisgarh encounter

Jan 6 IED blast kingpin also killed in Chhattisgarh encounter

Rediff.com13 Feb 2025

The 31 ultras killed in the February 9 encounter in Bijapur in Chhattisgarh included the mastermind of the January 6 IED blast in which eight security personnel and a civilian lost their lives and several other deadly attacks, a police official said. Among the 31 ultras killed in the encounter was Hunga Karma, who was secretary of the west Bastar division of the outlawed Communist Party of India (Maoist) and carried a reward of Rs 8 lakh on his head. He was the mastermind of the January 6 attack on security personnel. Karma also masterminded the 2006 Murkinar camp attack in which 11 police personnel were killed as well as the 2007 Ranibodli camp attack in which 55 security personnel were killed. Of the 31 killed ultras, 28, including 17 men and 11 women, have been identified and they carried a cumulative reward of Rs 1.10 crore on their heads. Out of the 81 Naxalites gunned down in the state so far this year, 65 were killed in the Bastar division, which comprises Bijapur and six other districts. So far this year, 77 firearms, including two AK-47 rifles, five Self Loading Rifles (SLR) and two INSAS rifles and three.303 rifles, have been recovered following separate encounters in Bastar region, the IG informed.

Guess Who This Actress Is...

Guess Who This Actress Is...

Rediff.com27 Jan 2025

Varun-Natasha's anniversary... Soha goes to Japan... meet the lady who has Bobby's heart...

Amazon, Flipkart Will Need $1 Billion To...

Amazon, Flipkart Will Need $1 Billion To...

Rediff.com30 Dec 2024

... catch up with Blinkit, Swiggy Instamart and Zepto...

Cut in FY25 estimates likely to keep SBI Life stock under pressure

Cut in FY25 estimates likely to keep SBI Life stock under pressure

Rediff.com4 Nov 2024

SBI Life Insurance reported a weak performance in Q2FY25. The annual premium equivalent or APE grew 3 per cent year-on-year (Y-o-Y) to Rs 5,390 crore. For the first half of financial year 2025 (H1FY25), it grew 9 per cent Y-o-Y to Rs 9,030 crore.

Dr Reddy's faces Revlimid cliff, analysts split on future growth prospects

Dr Reddy's faces Revlimid cliff, analysts split on future growth prospects

Rediff.com26 Jan 2025

Dr Reddy's Laboratories (DRL) share price plunged 6.66 per cent to Rs 1,203.50 per share on the NSE during Friday after analysts remained cautious on the company's Q3 performance and differed on its growth outlook. DRL's Q3 performance was viewed as subdued by some analysts when they adjusted it for one-time grants and incomes that the company received during the quarter.

High-growth segments, Tier-II, -III cities to drive long-term gains for ABB

High-growth segments, Tier-II, -III cities to drive long-term gains for ABB

Rediff.com16 Nov 2024

ABB reported a weak quarter. Revenue was at Rs 2,910 crore, up only 5 per cent year-on-year (Y-o-Y), with operating profit at Rs 540 crore, up 23 per cent and net profit at Rs 440 crore.

New Zealand beat Pakistan to win ODI tri-nation title

New Zealand beat Pakistan to win ODI tri-nation title

Rediff.com15 Feb 2025

New Zealand clinched the tri-nation title by beating hosts Pakistan by five wickets in the final in Karachi on Friday to give them a major boost ahead of next week's Champions Trophy.

Steady heartbeat of growth in diagnostics stock keeps sector pulsing

Steady heartbeat of growth in diagnostics stock keeps sector pulsing

Rediff.com20 Jan 2025

The stocks of diagnostic service providers have been standout performers within the healthcare sector over the past year, posting returns between 16 and 80 per cent. In comparison, the Nifty 50 saw returns of 8 per cent. Stable pricing, expectations of gradual volume growth, and market share expansion for the larger players have stoked increased optimism for listed companies.

Co-location could be BSE's next big revenue driver

Co-location could be BSE's next big revenue driver

Rediff.com24 Jan 2025

Co-location attracts institutional investors, which drives volumes for long-dated options, with higher realisations at lower costs.

India Skoda's top foreign market after sales slows in China

India Skoda's top foreign market after sales slows in China

Rediff.com30 Jan 2025

The auto major is not just looking at domestic sales, but also planning to ramp up exports to key markets from here, like the Middle East, North Africa and Australia.

The Curious Case Of Miley's Missing Eyebrows

The Curious Case Of Miley's Missing Eyebrows

Rediff.com3 Mar 2025

Hollywood's biggest night was high on glitz and glamour but lacked the edge and excitement of the movies it was celebrating, observes Sukanya Verma.

Lower production cost may support HZL margins

Lower production cost may support HZL margins

Rediff.com29 Oct 2024

During the September quarter (Q2FY25), Hindustan Zinc's (HZL's) revenue was reported at Rs 8,300 crore (up 22 per cent year-on-year or Y-o-Y, and 2 per cent quarter-on-quarter or Q-o-Q), marginally above consensus. Operating profit stood at Rs 4,100 crore (up 31 per cent Y-o-Y and 5 per cent Q-o-Q), also a small beat. The operating profit margin was 50 per cent, up from 48.5 per cent in Q1FY25.

GST mop-up rises 6.5% Y-o-Y to Rs 1.73 lakh cr in Sep

GST mop-up rises 6.5% Y-o-Y to Rs 1.73 lakh cr in Sep

Rediff.com1 Oct 2024

Goods and Services Tax (GST) collections in September, in gross terms, were at Rs 1.73 lakh crore, with a yearly jump of 6.5 per cent, according to data from finance ministry released on Tuesday. In September 2023, the total collection was to the tune of Rs 1.62 lakh crore. CGST, SGST, IGST, and cess all increased year-on-year in September, official data made available on Tuesday showed.

Why health insurance premium growth is in slow lane

Why health insurance premium growth is in slow lane

Rediff.com11 Mar 2025

Health insurance premium growth has slowed after touching record highs during the Covid-19 pandemic due to tapering demand from retail consumers amid affordability issues. According to General Insurance Council data, health insurance premiums grew by 10.44 per cent year-on-year (Y-o-Y) in the Apr-Jan period of FY25 in comparison with 20.79 per cent in the year-ago period. It was around 23.57 per cent in FY23, and 25.89 per cent in FY22.

Kumbh stampede to rock Parliament's Budget session

Kumbh stampede to rock Parliament's Budget session

Rediff.com30 Jan 2025

India's Parliament is set to begin its Budget session on Friday, with opposition parties poised to demand a discussion on the alleged mismanagement of the Maha Kumbh festival in Prayagraj, where 30 pilgrims died in a stampede. The opposition also accused the government of politicising parliamentary committees and pushing its agenda through its majority. The session will start with President Droupadi Murmu addressing both houses of Parliament. Finance Minister Nirmala Sitharaman will present the Union Budget on Saturday for the eighth consecutive time.

Rohit Practices Hard For Champions Trophy

Rohit Practices Hard For Champions Trophy

Rediff.com17 Jan 2025

Rohit can be seen working extensively on his batting, unleashing his signature shots including the trademark pull shots, the drives through the off-side and the straight lofted shots among others.

Bangladesh in battle for survival vs high-flying Kiwis

Bangladesh in battle for survival vs high-flying Kiwis

Rediff.com23 Feb 2025

A confident New Zealand side will be eager to seal a semi-final spot when they take on Bangladesh, who will be fighting for survival, in their Champions Trophy Group A match in Rawalpindi on Monday.

Banks record a higher deposit growth rate in Q2 FY25 than Q1 FY25

Banks record a higher deposit growth rate in Q2 FY25 than Q1 FY25

Rediff.com5 Oct 2024

Banks recorded a higher growth year-on-year (Y-o-Y) in raising deposits during the second quarter of financial year 2025 (Q2FY25) compared to Q1FY25, owing to intensified efforts to raise liabilities by offering higher rates and innovative schemes.

Ranji: Bonus point victory for Bengal

Ranji: Bonus point victory for Bengal

Rediff.com1 Feb 2025

Pacers Suraj Sindhu Jaiswal and Sumit Mohanta shared seven wickets to power Bengal to an innings and 13-run win over Punjab in their Elite Group C match of the Ranji Trophy.

'Liquidity In The Market Is Drying'

'Liquidity In The Market Is Drying'

Rediff.com22 Feb 2025

'The pain can be more in the days ahead.'

Can India capitalise on Dubai 'advantage' and beat NZ?

Can India capitalise on Dubai 'advantage' and beat NZ?

Rediff.com8 Mar 2025

Successful in keeping opponents and vitriol at bay so far, India will have to rise above traditional bugbear New Zealand and a rigmarole of emotions surrounding stalwarts Virat Kohli and Rohit Sharma to reclaim the Champions Trophy after 12 years in Dubai on Sunday.

870 Mn Accessed Internet In Indian Languages

870 Mn Accessed Internet In Indian Languages

Rediff.com17 Jan 2025

Among urban users, 57 per cent mentioned a preference for accessing Internet content in vernacular languages.

Mere Husband Ki Biwi Review: Unfunny!

Mere Husband Ki Biwi Review: Unfunny!

Rediff.com21 Feb 2025

Mere Husband Ki Biwi collapses into an unremarkable My Best Friend's Wedding knock-off reducing a woman's worth to a catfight, observes Sukanya Verma.

Gift City Helps Ahmedabad's Rise As Trading Powerhouse

Gift City Helps Ahmedabad's Rise As Trading Powerhouse

Rediff.com28 Feb 2025

The share of Ahmedabad in the total value of trades on both the BSE and NSE is set to touch double digits for the third year in a row.

Food Trends At Weddings Reach New Heights

Food Trends At Weddings Reach New Heights

Rediff.com13 Mar 2025

Customised restaurant recreations, cafe setups, pop-ups by Michelin-star chefs, bespoke table linens with monograms and couple-themed hashtags.

PIX: Hamilton steps out in red at 10-team F1 launch

PIX: Hamilton steps out in red at 10-team F1 launch

Rediff.com19 Feb 2025

Seven-times World champion Lewis Hamilton appeared in Ferrari red for the first time outside of Italy as Formula One put on an unprecedented and spectacular 10-team season launch in front of 15,000 fans on Tuesday.

The Songs Lata Mangeshkar Loved

The Songs Lata Mangeshkar Loved

Rediff.com8 Feb 2025

Lataji had once picked her favourites, albeit reluctantly, and told Subhash K Jha just why they were so close to her heart.

Bumrah Steals Show At Coldplay Concert

Bumrah Steals Show At Coldplay Concert

Rediff.com27 Jan 2025

Jasprit Bumrah was the highlight of Coldplay's second concert in Ahmedabad on Sunday, January 26.

Stampede victims' bodies scattered at Hathras hospital; O2 shortage emerges

Stampede victims' bodies scattered at Hathras hospital; O2 shortage emerges

Rediff.com2 Jul 2024

Locals blamed the administration's negligence for the tragedy.

Lower input costs may aid pharma firms' Q2 margins

Lower input costs may aid pharma firms' Q2 margins

Rediff.com21 Oct 2024

Analysts are expecting pharmaceutical companies to post sales growth of 10-11 per cent in the second quarter this financial year while the Ebitda (earnings before interest, tax, depreciation, and amortisation) margins are anticipated to improve by about 110 basis points. Ebitda improvement will be led by lower input costs because prices of active pharmaceutical ingredients (APIs) are 5-15 per cent lower year-on-year (Y-o-Y). Axis Capital said sales growth would be around 10 per cent, of which growth in the India market would be 11 per cent or so.

'If Border Is Anyone's, It Is Sunny Uncle's'

'If Border Is Anyone's, It Is Sunny Uncle's'

Rediff.com20 Mar 2025

'Sunny sir keeps me distracted from my morning sickness.'

Champions Trophy Final: Is This Team India?

Champions Trophy Final: Is This Team India?

Rediff.com7 Mar 2025

Who do you think should be part of India's playing XI against New Zealand in Sunday's final?

For 2nd straight year, co-location IS preferred mode of F&O trading

For 2nd straight year, co-location IS preferred mode of F&O trading

Rediff.com21 Mar 2024

Co-location may well have a majority share of futures and options (F&O) trading in 2023-24 once again. It accounted for 50.53 per cent of the National Stock Exchange (NSE) derivatives trading turnover in February, higher than the 50.1 per cent share seen in 2022-23 (FY23). The share on the BSE was higher though February numbers showed a dip relative to the previous year.

Checkmate! Magnus Carlsen Weds Ella Malone

Checkmate! Magnus Carlsen Weds Ella Malone

Rediff.com5 Jan 2025

The intimate wedding, attended by close family and friends, was reported by Norwegian media outlet NRK.