News for 'Office of Profit'

Eicher enters 2-3.5 tonne segment with electric SCV

Eicher enters 2-3.5 tonne segment with electric SCV

Rediff.com22 Jan 2025

The Eicher Pro X is assembled on an all-women assembly line.

'The expected credit loss model will not dent profits much'

'The expected credit loss model will not dent profits much'

Rediff.com3 Jul 2023

'We will test the waters, ferret out information through our business correspondents, and only then open a branch'

Office of Profit JPC motion approved by RS

Office of Profit JPC motion approved by RS

Rediff.com18 Aug 2006

The motion has already been approved by the Lok Sabha.

'We Have Doubled Our Exposures To India'

'We Have Doubled Our Exposures To India'

Rediff.com19 Mar 2025

'Expect India to keep doing well irrespective of geopolitics.'

Cabinet does not discuss Office of Profit bill

Cabinet does not discuss Office of Profit bill

Rediff.com20 Jul 2006

Prime Minister Manmohan Singh had said earlier that the Cabinet would take a decision on the issue in a day or two.

No more WFH, TCS asks all employees to work from offices

No more WFH, TCS asks all employees to work from offices

Rediff.com11 Oct 2023

The company -- the first major IT services firms to announce such a move -- has asked its workforce to return to offices because of the need to deepen the value systems and a belief in productivity gains coming from co-working, TCS chief human resources officer Milind Lakkad told reporters.

Domestic steel prices rise but looming global trade war sparks concerns

Domestic steel prices rise but looming global trade war sparks concerns

Rediff.com19 Mar 2025

Domestic steel prices have seen an increase over the past couple of months in anticipation of a safeguard duty, but a looming global trade war is likely to weigh as threat of import rises and prospect of export flounders. Data from BigMint showed that in March 2025, hot rolled coil (HRC) prices ex-Mumbai increased by Rs 600 per tonne month-on-month (M-o-M), rising from Rs 48,400 per tonne in February to Rs 49,000 per tonne.

I was right on office of profit: Kalam

I was right on office of profit: Kalam

Rediff.com18 Oct 2006

Referring to the 27 per cent quota for OBCs in elite educational institutions, Kalam said this could be tackled by increasing seats in medical and management colleges.

Office of Profit law to be amended

Office of Profit law to be amended

Rediff.com10 May 2006

Prior to the Cabinet meeting, Gandhi had a meeting with senior Congress leaders at her residence amidst reports that she was averse to inclusion of NAC Chairmanship in the proposed law.

Demand for workspaces eases on global downturn; shift to office holds hope

Demand for workspaces eases on global downturn; shift to office holds hope

Rediff.com23 Nov 2023

The net leasing of Grade-A commercial office space in India will stagnate this financial year at 32-34 million square feet, with global uncertainties brewing caution among key tenant categories, according to the latest Crisil Ratings report. Major seven cities in India - Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR), National Capital Region (NCR) and Pune - had Grade-A office space with an operational stock of around 705 million square feet as of March 2023. India's commercial office space is dominated by technology companies, with information technology (IT) and IT-enabled services (ITeS) companies occupying 42-45 per cent of the operational stock.

Wake-Up Call For India-US Ties

Wake-Up Call For India-US Ties

Rediff.com14 Feb 2025

The real intention of the 'Tariff Man' (as Trump calls himself) may not even be to put the 'Tariff King' (as he describes India) on the mat with a knockout punch but to arm-twist the Indian leadership to agree to some multi-billion dollar mega arms deal, argues Ambassador M K Bhadrakumar.

Crypto: Assess Risks Before Investing

Crypto: Assess Risks Before Investing

Rediff.com19 Mar 2025

Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.

TCS says IT cos not yet out of woods; Q2 net profit up 9%

TCS says IT cos not yet out of woods; Q2 net profit up 9%

Rediff.com11 Oct 2023

The country's largest software company Tata Consultancy Services (TCS) on Wednesday said its net profit increased 8.7 per cent year-on-year to Rs 11,342 crore in the September 2023 quarter. The Tata Group flagship had reported a net profit of Rs 10,431 crore in the year-ago period.

L&T Boss Faces Deepika's Fury, Goenka's Outrage

L&T Boss Faces Deepika's Fury, Goenka's Outrage

Rediff.com10 Jan 2025

A video post on Reddit, which has since gone viral, shows the L&T chief saying, 'I regret that I am not able to make you work on Sundays, to be honest. If I can make you work on Sundays, I will be more happy because I work on Sundays also.'

The Spy Who Became A Farmer

The Spy Who Became A Farmer

Rediff.com7 Nov 2024

'Everything about farming is enjoyable and relaxing.'

Ravneet Kaur: An IAS officer with varied experience

Ravneet Kaur: An IAS officer with varied experience

Rediff.com17 May 2023

The Appointments Committee of Cabinet has named Ravneet Kaur, a Punjab cadre IAS officer of 1988 batch, as chairperson of the Competition Commission of India (CCI). Kaur will hold the post for five years or until attaining the age of 65. She is the second woman to serve in an 'economic regulator' role after Madhabi Puri Buch, who was appointed chairperson of the Securities and Exchange Board of India last year and the first woman to head the country's chief national competition regulator.

Why Pyaasa Is A Must Watch 68 Years On

Why Pyaasa Is A Must Watch 68 Years On

Rediff.com26 Feb 2025

'At a time when the 'my country, right or wrong' attitude is sweeping over the majority, the Pyaasa song Jinhe Naaz Hai Hind Par Woh Kahan Hain brings a much-needed sense of reality. It questions: How can one feel any sense of pride when women are treated like this? Utkarsh Mishra salutes Guru Dutt's classic that turns 68 this month.

'I Don't Care How Much It Costs. Please Save My Mum'

'I Don't Care How Much It Costs. Please Save My Mum'

Rediff.com28 Mar 2025

'Doctors feel they have a duty to prolong a heartbeat at all costs.' 'And a son or a daughter feels, I can't let my mum die. I have to save her at all costs.' 'They think saving is just prolonging life. But the person suffers.'

Paytm to reapply for RBI's payments aggregator licence

Paytm to reapply for RBI's payments aggregator licence

Rediff.com15 Sep 2024

Paytm will focus on its core business of payments and cross-selling financial services as it works to achieve "profitability soon", said Vijay Shekhar Sharma, founder and chief executive officer of the fintech, on Thursday. "The past six months have taught us many lessons, giving us the opportunity to thoroughly examine our business processes, compliance, and the way we operate from the inside out.

Pranab does not hold office of profit: Govt

Pranab does not hold office of profit: Govt

Rediff.com2 Jul 2012

Rejecting P A Sangma's claim and objection, the government on Monday said that the United Progressive Alliance nominee Pranab Mukherjee resigned as the chairman of the Indian Statistical Institute a week before he filed his nomination in the President's election and does not not hold any office of profit.

'Early Retirement: Smart Move Or Stupid Idea?'

'Early Retirement: Smart Move Or Stupid Idea?'

Rediff.com21 Mar 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

Promoter dilution in small, midcaps surges

Promoter dilution in small, midcaps surges

Rediff.com4 Oct 2024

The controlling shareholders of smaller and mid-sized companies are reducing their stakes at levels seldom seen since the 2008 global financial crisis. Over 20 per cent of companies listed on BSE MidCap and BSE SmallCap have seen a decline in promoter holdings for five consecutive quarters, reveals data from DSP Mutual Fund, shared with Business Standard. In the latest June quarter, the figure stood at 22.6 per cent.

I was opposed to Office of Profit Bill: Kalam

I was opposed to Office of Profit Bill: Kalam

Rediff.com1 Nov 2007

A P J Abdul Kalam, who became the first President to return a bill to the Parliament, has said that his decision to send back the legislation on Office of Profit was to convey his personal opposition. Kalam, who demitted office in July, said he was aware that it was the first time in the history of the Parliamentary system that a bill was being sent back and contended that he had to do it.

Office of Profit: SC seeks Centre's view

Office of Profit: SC seeks Centre's view

Rediff.com27 Feb 2008

The Supreme Court on Wednesday sought to know the stand of the Centre referring a petition, challenging the constitutional validity of the amendment to the law on the Office of Profit, to a Constitution Bench.

NAC chairperson post not office of profit: CPI (M)

NAC chairperson post not office of profit: CPI (M)

Rediff.com24 Mar 2006

Members have to discharge various public responsibilities by holding such positions," the party Polit Bureau said in a statement.

MLA's post not office of profit: Court

MLA's post not office of profit: Court

Rediff.com25 Jun 2003

The Indore high court has said that the post of MLA cannot be considered an 'office of profit', a stumbling block for those wishing to serve as mayors.

SC notices on Office of Profit petition

SC notices on Office of Profit petition

Rediff.com14 Sep 2006

A bench comprising Mr Justices Arijit Pasayat and S H Kapadia made the notices returnable within eight weeks.

Modi govt opposes life-time ban on convicted politicians

Modi govt opposes life-time ban on convicted politicians

Rediff.com26 Feb 2025

The Centre said as a matter of judicial review, the court could declare the provisions to be unconstitutional, however, the relief sought by the petitioner effectively sought to read "life-long" instead of "six years" in all sub-sections of Section 8 of the Act.

Private bank profits see impact of alternate investment fund provisions

Private bank profits see impact of alternate investment fund provisions

Rediff.com29 Jan 2024

The bottom lines of several private sector banks have taken a hit following the recent guidelines released by the Reserve Bank of India (RBI) on alternate investment fund (AIF) investments. Last month, the RBI announced that regulated entities, such as banks, non-bank lenders, and home financiers, cannot invest in AIFs that have directly or indirectly invested in companies that have borrowed money from the lenders. In case an entity had already made such an investment, they must liquidate the investment or make 100 per cent provision, RBI had said.

Interest coverage ratio of unlisted cos at 30-year high

Interest coverage ratio of unlisted cos at 30-year high

Rediff.com17 Jan 2025

Excess earnings of unlisted companies over and above their interest costs are at a record level. The interest-coverage ratio of 2.94 is the highest going back to 1990-91, according to numbers from the Centre for Monitoring Indian Economy (CMIE). The ratio measures earnings relative to every rupee to be paid as interest on outstanding debt.

TVR Shenoy on Office of Profit Bill

TVR Shenoy on Office of Profit Bill

Rediff.com18 Aug 2006

Blinkit vs Instamart: Chasing a moving target in quick commerce race

Blinkit vs Instamart: Chasing a moving target in quick commerce race

Rediff.com6 Dec 2024

Competition in the fast-growing quick commerce sector is heating up as Swiggy Instamart faces a tough challenge in narrowing the gap with Blinkit, which currently dominates the market. In the second quarter (Q2) of 2024-25 (FY25), Instamart's gross order value (GOV) rose by 42.1 per cent quarter-on-quarter (Q-o-Q) and 75.5 per cent year-on-year (Y-o-Y), reaching Rs 3,382 crore.

Office of profit: Jairam Ramesh gets notice

Office of profit: Jairam Ramesh gets notice

Rediff.com3 Oct 2006

The Election Commission has issued a notice to Union Minister of State for Commerce Jairam Ramesh on a complaint seeking his disqualification as a Rajya Sabha member on the office of profit issue.

Office of profit: EC clears charges against PM, FM

Office of profit: EC clears charges against PM, FM

Rediff.com22 Sep 2006

The Election Commission on Friday cleared Prime Minister Manmohan Singh and Finance Minister P Chidambaram of the charge that they held offices of profit.

Kalam approves Delhi govt bill on office of profit

Kalam approves Delhi govt bill on office of profit

Rediff.com19 Sep 2006

Kalam has given his assent to the Delhi Members of Legislative Assembly (Removal of Disqualification) Amendment Bill, 2006, and the Delhi goverment will soon issue a notification regarding it, sources said.

Office of Profit: BJP against diluting statute

Office of Profit: BJP against diluting statute

Rediff.com27 Apr 2006

Office of Profit: BJP against diluting spirit of statute

Pawar, Chatterjee in office of profit list

Pawar, Chatterjee in office of profit list

Rediff.com26 Apr 2006

About 43 MLAs and 200 MLAs have been named.

Mid & Smallcap SIPs: Hold Or Exit?

Mid & Smallcap SIPs: Hold Or Exit?

Rediff.com27 Feb 2025

Younger investors with long investment horizons may continue their SIPs.