News for 'Office of Profit'

Buoyant demand has failed to push steel prices

Buoyant demand has failed to push steel prices

Rediff.com21 Nov 2025

The Indian steel industry is faced with a paradox: Rising demand and falling prices. Demand continues to surge as user industries gather pace, with the World Steel Association projecting around 9 per cent annual growth for India over 2025 and 2026, the year domestic demand is projected to be almost 75 million tonnes (mt) higher than in 2020.

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

Freshers Back in Demand At IT Majors

Freshers Back in Demand At IT Majors

Rediff.com23 Oct 2025

Infosys, HCL, Wipro ramp up fresher intake as AI reshapes skills demand and hiring shifts from 'hire to train' to 'train to hire'.

Why Banks Are Struggling For Deposits

Why Banks Are Struggling For Deposits

Rediff.com19 Nov 2025

As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends, points out Tamal Bandyopadhyay.

'To Avoid Liquidity Risks, You Must Have A Meaningful Presence In Equities'

'To Avoid Liquidity Risks, You Must Have A Meaningful Presence In Equities'

Rediff.com17 Oct 2025

'Equities may not outperform every year, but if they do so seven times out of 10, it's an asset class worth relying on.'

Insurance staff oppose pvt sector entry in top PSU posts

Insurance staff oppose pvt sector entry in top PSU posts

Rediff.com14 Oct 2025

The All India Insurance Employees' Association has opposed the government directive seeking to open up top posts in the state-owned insurers to the private sector, saying this would lead to greater private influence and "eventual privatisation".

DIIs Pump Record Rs 6 Trillion in 2025

DIIs Pump Record Rs 6 Trillion in 2025

Rediff.com16 Oct 2025

The strong domestic flow offset selling by foreign portfolio investors who pulled out $23.3 billion (Rs 2.03 trillion) from domestic equity markets in CY25.

How Trump's Latest Threat Will Hit Indian Movies

How Trump's Latest Threat Will Hit Indian Movies

Rediff.com30 Sep 2025

'A 100% tariff could cut the Indian film industry's US revenues by 30% to 40%.'

Adityanath an 'infiltrator', send him back to Uttarakhand: Akhilesh

Adityanath an 'infiltrator', send him back to Uttarakhand: Akhilesh

Rediff.com12 Oct 2025

Samajwadi Party chief Akhilesh Yadav likened Uttar Pradesh Chief Minister Yogi Adityanath to an infiltrator, saying he is from Uttarakhand and should be sent back to the state. Yadav also criticized the BJP's governance and alleged injustices against Dalits and backward communities.

'Sovereignty in foundational industries is critical for countries'

'Sovereignty in foundational industries is critical for countries'

Rediff.com22 Oct 2025

'The steel industry has a multiplier effect on direct and indirect employment, national security on the supply chain, technology access etc.'

LG India signals 'future-ready' push with Rs 11.6K cr IPO

LG India signals 'future-ready' push with Rs 11.6K cr IPO

Rediff.com2 Oct 2025

For LG Electronics India, the Rs 11,607 crore initial public offering (IPO) is not just a fundraising exercise. The company's senior executives describe it as a step towards becoming "future-ready", showcasing financial strength while preparing for the next phase of growth in a market they see as still underpenetrated.

'The Intent Is To Make A Better Bank In The Future'

'The Intent Is To Make A Better Bank In The Future'

Rediff.com28 Oct 2025

'As the team builds, each of them will bring in a different perspective, new thinking.'

'IOB Bets Big On M&A Financing'

'IOB Bets Big On M&A Financing'

Rediff.com3 Nov 2025

'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

Zomato's parent Eternal Q4 net profit falls 78% to Rs 39 cr

Zomato's parent Eternal Q4 net profit falls 78% to Rs 39 cr

Rediff.com2 May 2025

Eternal (formerly known as Zomato) reported a net profit of Rs 39 crore for the fourth quarter of FY25, down 77.7 per cent year-on-year from Rs 175 crore in the same period a year ago. On a sequential basis, profit was also down 33.8 per cent from Rs 59 crore in the preceding quarter (Q3FY25).

Hindi Cinema's New Mogul

Hindi Cinema's New Mogul

Rediff.com9 Sep 2025

'We don't make films for profit and that's exactly why profit follows.'

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

Rediff.com25 Aug 2025

The more things change, the more they remain the same for corporate India. In the April-June 2025 period (Q1FY26) - for the ninth consecutive quarter - listed companies witnessed only single-digit revenue growth, while their core earnings, excluding other income and one-time gains, contracted for the second time in four quarters. This comes as firms brace for the impact of 50 per cent US tariff on Indian goods.

Woman duped of Rs 3.75 crore with Jaggi Vasudev deepfake

Woman duped of Rs 3.75 crore with Jaggi Vasudev deepfake

Rediff.com11 Sep 2025

A retired woman in Bengaluru was allegedly defrauded of Rs 3.75 crore by scammers using an AI-generated deepfake video of spiritual leader Sadhguru Jaggi Vasudev to promote a fraudulent online trading platform.

Is Silver Still A Smart Bet?

Is Silver Still A Smart Bet?

Rediff.com17 Sep 2025

New investors should avoid short-term, tactical entries and instead go for staggered buying via ETFs to manage volatility.

WeWork India eyes 20% revenue growth, IPO on October 3

WeWork India eyes 20% revenue growth, IPO on October 3

Rediff.com30 Sep 2025

Co-working spaces provider WeWork India is aiming for a revenue growth of over 20 per cent for the coming years, even as its initial public offering (IPO) with only an offer for sale (OFS) component gets valued at Rs 3,000 crore at the top of the price band. The IPO opens on October 3, a newspaper advertisement said.

The Woman Who Dared To Democratise Wealth

The Woman Who Dared To Democratise Wealth

Rediff.com24 Oct 2025

'Success isn't about a single brilliant idea; it's about the relentless execution, the ability to withstand the storms, and the unwavering belief in your mission, even when no one else sees it,' Madhu Lunawat, founder, The Wealth Company.

73-yr-old Sikh woman deported to India after 33 years in US

73-yr-old Sikh woman deported to India after 33 years in US

Rediff.com25 Sep 2025

Kaur, a resident of East Bay in northern California for more than 30 years, was detained by the Immigration and Customs Enforcement (ICE) officials during a routine check, a report in Berkeleyside, a non-profit news portal, said earlier.

PF, LTA, GST: Tax Tips YOU Must Know

PF, LTA, GST: Tax Tips YOU Must Know

Rediff.com9 Oct 2025

rediffGURU T S Khurana answers readers' personal income tax queries

Explained: Trump's H1 Order Decoded

Explained: Trump's H1 Order Decoded

Rediff.com14 Oct 2025

A deep dive into Trump's new policy and what it means for Indian professionals and companies.

'I Can't Say On September 22, I Will Be With A Stick'

'I Can't Say On September 22, I Will Be With A Stick'

Rediff.com22 Sep 2025

'I am doing the drive in making sure that people pass this on. So the drive is not with distrust. The drive is just in case.' 'Just in case it doesn't get passed on, I am here.'

I'll always be friends with Modi, just don't like...: Trump

I'll always be friends with Modi, just don't like...: Trump

Rediff.com6 Sep 2025

Trump also said he is "very disappointed" that India would be buying "so much oil" from Russia.

Dhankhar resigns: What happens when VP steps down mid-term

Dhankhar resigns: What happens when VP steps down mid-term

Rediff.com22 Jul 2025

Following Jagdeep Dhankhar's resignation as Vice President, an election to appoint his successor must be held 'as soon as possible' according to the Constitution. The article details the constitutional provisions regarding the election, term, and responsibilities of the Vice President.

Want To Invest In IPOs? Read This

Want To Invest In IPOs? Read This

Rediff.com9 Sep 2025

Investors may wait for six months and then take another look at the stock.

Uneasy calm in Leh amid heavy police deployment; 50 detained

Uneasy calm in Leh amid heavy police deployment; 50 detained

Rediff.com25 Sep 2025

An uneasy calm prevails in Ladakh as authorities enforce a curfew following clashes between security forces and protesters demanding statehood and constitutional protections. The violence resulted in fatalities and injuries, prompting detentions and political reactions.

0% GST On Health Insurance: Will You Really Benefit?

0% GST On Health Insurance: Will You Really Benefit?

Rediff.com11 Sep 2025

Reduction of GST on health insurance premium from 18% to 0% looks like a straight 18% reduction in what consumers pay. The truth, however, is...

'Yes Bank's Commercial Banking Segment Would Grow'

'Yes Bank's Commercial Banking Segment Would Grow'

Rediff.com12 Aug 2025

'MIB which is a part of retail, will grow in the range of 20 per cent.'

SpiceJet posts Rs 26 crore profit in Q3

SpiceJet posts Rs 26 crore profit in Q3

Rediff.com26 Feb 2025

However, the meeting of the company's board of directors, through video conferencing, started at 1.30 pm and ended only at 11.50 pm on Tuesday, according to a filing made to BSE at 12.51 am on Wednesday. In the 2024 December quarter, the airline, which had been facing multiple headwinds, raised Rs 3,000 crore from qualified institutional investors.

Amazing growth story of the Jindal group

Amazing growth story of the Jindal group

Rediff.com24 Sep 2025

You have to grow, and grow fast - that's the DNA of the JSW group, chairman Sajjan Jindal said as JSW Cement made its debut on the stock market mid-August. The remark captured not just the moment but also the momentum of JSW's growth story.

TCS net profit dips 1.68% to Rs 12,224 cr in March quarter

TCS net profit dips 1.68% to Rs 12,224 cr in March quarter

Rediff.com10 Apr 2025

India's largest IT services firm Tata Consultancy Services on Thursday reported a 1.68 per cent dip in its consolidated net profit to Rs 12,224 crore for the March 2025 quarter. Tata Consultancy Services (TCS) - whose earnings marked the official start of IT results season - reported a total revenue of Rs 64,479 crore in Q4 FY25, up 5.3 per cent over the year-ago period.

Jane Street Officials To Meet Sebi Soon

Jane Street Officials To Meet Sebi Soon

Rediff.com3 Sep 2025

'The hearing is not adversarial but inquisitorial in nature -- it allows Sebi to examine the context, the strategy, and the intent behind the trades, particularly when algorithmic and expiry-day trading are involved.'

Microcap Investing: Play Small, Think Long

Microcap Investing: Play Small, Think Long

Rediff.com6 Sep 2025

'Such stocks may be useful for aggressive portfolios, but should not be part of the core holdings.'

Historic first: Indian NGO 'Educate Girls' wins Magsaysay award

Historic first: Indian NGO 'Educate Girls' wins Magsaysay award

Rediff.com31 Aug 2025

Indian non-profit 'Educate Girls' wins the Ramon Magsaysay Award for its work in educating out-of-school girls in remote villages. The award recognizes selfless service to the peoples of Asia.

Vice Presidential Poll: NDA Has 28 Vote Edge

Vice Presidential Poll: NDA Has 28 Vote Edge

Rediff.com7 Aug 2025

The effective strength of both the Houses together is 786 and the winning candidate will require 394 votes, considering that all eligible voters exercise their franchise.

What Insurance Should You Buy?

What Insurance Should You Buy?

Rediff.com1 Sep 2025

Young investors with a higher risk appetite are better off with a combination of term insurance and equity funds.

How To Get Hired By India's $68 Bn GCCs

How To Get Hired By India's $68 Bn GCCs

Rediff.com17 Sep 2025

'Employers increasingly want candidates who can take AI pilots from proof-of-concept to production-ready systems.' 'That requires governance, monitoring, and ROI measurement -- skills that go beyond coding and into business impact.'