News for 'Office of Profit'

HDFC Bank moderates FY27 growth outlook, targets 12% Y-o-Y

HDFC Bank moderates FY27 growth outlook, targets 12% Y-o-Y

Rediff.com20 Apr 2026

HDFC Bank, India's largest private-sector lender, has revised its FY27 growth trajectory, stepping back from earlier guidance to align with a more measured 12 per cent year-on-year expansion, citing geopolitical uncertainties.

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Pirojsha Godrej: 'Godrej Aims To Become Rs 5 Trillion Market-Cap Group In 5 Years'

Rediff.com8 May 2026

'We are targeting a 2.5x to 3x increase in valuation by FY31.'

Illegal Kidney Transplant Ring Uncovered in Kanpur, Several Arrested

Illegal Kidney Transplant Ring Uncovered in Kanpur, Several Arrested

Rediff.com31 Mar 2026

Uttar Pradesh Police have dismantled an illegal kidney transplant racket operating in Kanpur, arresting five doctors and the alleged ringleader. The investigation revealed a network exploiting vulnerable individuals for profit, with potential links to other major cities and even international connections.

Vedanta net profit plunges 59% on exceptional losses

Vedanta net profit plunges 59% on exceptional losses

Rediff.com1 Nov 2025

Mining major Vedanta's consolidated net profit plunged 58.69 per cent year-on-year (Y-o-Y) to Rs 1,798 crore in the second quarter of 2025-26 (Q2FY26), dragged down by exceptional losses booked during the period under review. The company had reported a net exceptional gain of Rs 1,160 crore in Q2FY25.

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

Rediff.com4 May 2026

SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.

Delhi Police Bust Illegal LPG Racket, Arrest Three

Delhi Police Bust Illegal LPG Racket, Arrest Three

Rediff.com22 Mar 2026

Delhi Police arrested three men in Mahipalpur for illegally hoarding LPG cylinders and selling them at inflated prices. The raid uncovered a large number of domestic and commercial cylinders, along with refilling equipment.

Cipla Q2 profit up 3.7% at Rs 1,353 cr

Cipla Q2 profit up 3.7% at Rs 1,353 cr

Rediff.com30 Oct 2025

Pharma major Cipla Ltd on Thursday reported a 3.7 per cent rise in consolidated net profit at Rs 1,353.37 crore for the second quarter ended September 30, 2025. The company, which had posted a consolidated net profit of Rs 1,305.01 crore in the second quarter of the last fiscal year, said its managing director & global CEO, Umang Vohra, has decided not to seek re-appointment upon completion of his current term on March 31, 2026, Cipla Ltd said in a regulatory filing.

TCS made 25,000 fresher offers for FY27; future hiring depends on demand

TCS made 25,000 fresher offers for FY27; future hiring depends on demand

Rediff.com12 Apr 2026

Tata Consultancy Services (TCS) has extended 25,000 offers to freshers for the current fiscal year (FY27), with future hiring decisions contingent on the demand scenario, according to CEO K Krithivasan.

Sensex pares gains on profit-booking; ends up 130 pts

Sensex pares gains on profit-booking; ends up 130 pts

Rediff.com23 Oct 2025

From the Sensex firms, Infosys climbed 3.86 per cent. HCL Tech, Tata Consultancy Services, Axis Bank, Kotak Mahindra Bank, Titan and Tech Mahindra were also among the gainers. However, Eternal, UltraTech Cement, Bharti Airtel and Adani Ports were among the laggards.

Box Office: Thamma Hits A Century!

Box Office: Thamma Hits A Century!

Rediff.com27 Oct 2025

Ek Deewane Ki Deewaniyat has hit half a century...

Government Penalises Companies for CSR Violations

Government Penalises Companies for CSR Violations

Rediff.com17 Mar 2026

The Indian government has imposed penalties totalling nearly 20 crore on various companies for non-compliance with Corporate Social Responsibility (CSR) norms over the past three financial years, as revealed in the Rajya Sabha.

Cricket betting profits proceeds of crime, says Delhi HC

Cricket betting profits proceeds of crime, says Delhi HC

Rediff.com25 Nov 2025

The Delhi High Court has held that profits from cricket betting would constitute "proceeds of crime" under the anti-money laundering law.

Uttar Pradesh STF Exposes Multi-Crore Investment Scams

Uttar Pradesh STF Exposes Multi-Crore Investment Scams

Rediff.com9 Apr 2026

The Uttar Pradesh Special Task Force (STF) has dismantled two significant fraud operations involving crores of rupees in fraudulent share market, cryptocurrency, and forex schemes, leading to multiple arrests and uncovering a vast network of deceit.

Mahindra & Mahindra Q2 profit rises 28% on strong farm sector growth

Mahindra & Mahindra Q2 profit rises 28% on strong farm sector growth

Rediff.com5 Nov 2025

Mahindra & Mahindra on Tuesday posted a 28 per cent year-on-year increase in its consolidated profit after tax to Rs 3,673 crore for the second quarter ended September 30, 2025, driven by robust performance of the farm sector, while also seeing the impact of the GST transition on the auto sector. The company reported a profit after tax (PAT) of Rs 2,867 crore for the July-September period of the last fiscal.

Equity MF inflows cool as investors shift to safer bets in FY26

Equity MF inflows cool as investors shift to safer bets in FY26

Rediff.com9 Apr 2026

Net inflows into equity mutual fund schemes moderated in FY26, falling by 27 per cent to about 3 trillion till February, as choppy markets and global uncertainties prompted investors to shift towards safer options like hybrid funds and gold ETFs.

Bengaluru Police Nab Five in Major Drug Trafficking Operation

Bengaluru Police Nab Five in Major Drug Trafficking Operation

Rediff.com24 Mar 2026

Bengaluru police have arrested five individuals for allegedly trafficking MDMA and ganja in various parts of the city. The operation resulted in the seizure of drugs and other items worth 5.77 crore.

Bengaluru Police Crackdown: 11 Arrested in 5.14 Crore Drug Bust

Bengaluru Police Crackdown: 11 Arrested in 5.14 Crore Drug Bust

Rediff.com31 Mar 2026

Bengaluru police have seized drugs worth approximately 5.14 crore and arrested 11 individuals, including two foreign nationals, following raids across multiple police station jurisdictions.

Delhi Police Nab Drug Trafficker with Heroin Worth Over Rs 5 Crore

Delhi Police Nab Drug Trafficker with Heroin Worth Over Rs 5 Crore

Rediff.com3 Mar 2026

Delhi Police have arrested a 26-year-old drug trafficker and seized nearly 800 grams of heroin worth over Rs 5 crore.

'Dhurandhar 2 Will Make 2,000 Crores'

'Dhurandhar 2 Will Make 2,000 Crores'

Rediff.com18 Mar 2026

Ramgopal Varma: 'Even if they think it's a horrible film, it'll do 2,000 crores'.

HDFC Bank CEO: 'We Requested Chakraborty To Spell Out The Issues'

HDFC Bank CEO: 'We Requested Chakraborty To Spell Out The Issues'

Rediff.com30 Mar 2026

'When there is such an elaborate and a strong process, one would have expected anyone to either place the issues so that they can be addressed or go to the regulator and probably tell them rather than creating a kind of uncertainty for the stakeholders.

Wipro Profits Up 10.9%

Wipro Profits Up 10.9%

Rediff.com18 Jul 2025

'We remain cautious in this environment, and the uncertainty continues.'

'FY27 Presents Clear Runway For Earnings Improvement'

'FY27 Presents Clear Runway For Earnings Improvement'

Rediff.com16 Apr 2026

'In investing, poor sentiment is always a good vintage to build a portfolio.'

Iran: Why Trump Must Take A Leap Of Faith

Iran: Why Trump Must Take A Leap Of Faith

Rediff.com23 Apr 2026

There are enough people at the top decision-making level in Tehran who are still willing to negotiate, provided Trump can create the right setting for the negotiation to acquire a dynamic of its own, points out Ambassador M K Bhadrakumar.

Anthropic's Scores Big On India Revenue

Anthropic's Scores Big On India Revenue

Rediff.com19 Feb 2026

India is emerging as Claude.ai's second-largest user base, driven by strong adoption in coding, maths and enterprise AI tasks.

'Stay Away From Equities. Buy Gold'

'Stay Away From Equities. Buy Gold'

Rediff.com31 Mar 2026

'In my entire career, whenever friends, relatives, or associates have sought my counsel, I have told them consistently: Stay away from equities. Buy gold. Place funds in fixed deposits. Acquire some raw land.' 'That is all one genuinely needs to build meaningful, enduring wealth, without the attendant anxiety of equity market participation.'

CBI Cracks Down on Online Investment Fraud Ring Linked to 'Pyypl'

CBI Cracks Down on Online Investment Fraud Ring Linked to 'Pyypl'

Rediff.com12 Mar 2026

The CBI has conducted searches across multiple states in connection with a large-scale online financial fraud involving the overseas fintech platform 'Pyypl'.

Jio IPO Set To Break All Records

Jio IPO Set To Break All Records

Rediff.com4 Apr 2026

Only 2.5 per cent of the equity in Jio Platforms will be offloaded through the OFS route -- meant for secondary share sale.

How Delhi Police Busted a Rs 300 Crore Cyber Fraud Syndicate

How Delhi Police Busted a Rs 300 Crore Cyber Fraud Syndicate

Rediff.com5 Apr 2026

Delhi Police have dismantled a major international cyber fraud syndicate, arresting the alleged mastermind and 10 others. The syndicate is linked to over 2,000 complaints and scams worth over Rs 300 crore, with connections to international cyber fraud operations in Cambodia.

Interpol Warns of Soaring Financial Fraud Fueled by AI

Interpol Warns of Soaring Financial Fraud Fueled by AI

Rediff.com16 Mar 2026

Interpol's latest report reveals a significant surge in global financial fraud, driven by the increasing use of artificial intelligence by scamsters, resulting in losses of over USD 442 billion in 2025.

Man Held for Allegedly Cheating Businessman of 1.37 Crore in Meat Export Scam

Man Held for Allegedly Cheating Businessman of 1.37 Crore in Meat Export Scam

Rediff.com28 Feb 2026

A 36-year-old man was arrested for allegedly cheating a businessman of around Rs 1.37 crore on the pretext of investing in a meat export business.

Nykaa net profit more than triples to Rs 34 crore

Nykaa net profit more than triples to Rs 34 crore

Rediff.com8 Nov 2025

FSN E-Commerce Ventures Ltd, the parent company of beauty retailer Nykaa, recorded a 3.4x growth in net profit at ~34.43 crore in the second quarter of FY26, up from ~10.04 crore in the corresponding period last year.

Dentist Arrested in Inter-State Egg Smuggling Racket

Dentist Arrested in Inter-State Egg Smuggling Racket

Rediff.com4 Mar 2026

Police in Thane have arrested a dentist from Nashik for allegedly facilitating illegal surrogate mother contracts and egg smuggling at an IVF facility. The arrest is part of an ongoing investigation into an inter-state racket involving the exploitation of women for egg donation.

Infosys Q2 profit up 13% to Rs 7,364 crore

Infosys Q2 profit up 13% to Rs 7,364 crore

Rediff.com17 Oct 2025

IT company Infosys on Thursday posted 13.2 per cent increase in consolidated net profit at Rs 7,364 crore for the second quarter ended September 30, 2025.

Bengaluru Police Nab Interstate Drug Peddlers with Rs 11.5 Crore Worth of Narcotics

Bengaluru Police Nab Interstate Drug Peddlers with Rs 11.5 Crore Worth of Narcotics

Rediff.com3 Mar 2026

Bengaluru police have arrested two alleged interstate drug peddlers, including a woman, and seized narcotics worth Rs 11.50 crore. The operation uncovered a network distributing drugs sourced from Thailand, along with other seizures of Ganja and Hashish Oil.

'Nehru And Patel Were Like Jai And Veeru'

'Nehru And Patel Were Like Jai And Veeru'

Rediff.com10 Apr 2026

'Gandhi was Thakur and Gabbar was Jinnah.'

Entry-level cars rebound, boost Maruti's quarterly sales to record high

Entry-level cars rebound, boost Maruti's quarterly sales to record high

Rediff.com6 Feb 2026

Maruti Suzuki sold more cars than ever before, earned more money, and saw many first-time buyers choosing small cars again.

Why Billionaires Are Fighting for IPL Teams

Why Billionaires Are Fighting for IPL Teams

Rediff.com17 Feb 2026

The business value of the league, popularly called the IPL, surged to a record $18.5 billion last year, U.S.-based investment bank Houlihan Lokey says.

Brazil Potash CEO: 'World might face food crisis if war continues till end of April'

Brazil Potash CEO: 'World might face food crisis if war continues till end of April'

Rediff.com4 Apr 2026

"The world might face a food crisis if the war continued till the end of April, as it could have a dramatic impact on planting in Europe and North America," said Matt Simpson, CEO of Brazil Potash.

Tech Mahindra profit down 4.5%, sees limited impact from H-1B visa fees

Tech Mahindra profit down 4.5%, sees limited impact from H-1B visa fees

Rediff.com15 Oct 2025

Tech Mahindra's net profit declined 4.5 per cent to 1,195 crore in the September quarter over a year earlier. It was, however, slightly higher than 1,141 crore sequentially.

West Asia conflict: Modi urges states to guard supply chains, curb panic

West Asia conflict: Modi urges states to guard supply chains, curb panic

Rediff.com28 Mar 2026

Prime Minister Narendra Modi held a virtual meeting with chief ministers to review preparedness and plans in light of the West Asia conflict, emphasising the importance of national unity and enhanced security measures.