News for 'Office of Profit'

Tata Steel profit surges nearly 4x

Tata Steel profit surges nearly 4x

Rediff.com13 Nov 2025

Tata Steel on Wednesday reported a 272 per cent year-on-year (Y-o-Y) jump in consolidated net profit, attributable to owners, at Rs 3,101.75 crore in the second quarter of 2025-26 (Q2FY26) led by higher sales volumes in India and planned cost takeouts across geographies.

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.

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.

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.

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.

Duped of Rs 8 crore, ex-IPS officer attempts suicide

Duped of Rs 8 crore, ex-IPS officer attempts suicide

Rediff.com22 Dec 2025

Former IPS officer Amar Singh Chahal allegedly shot himself after claiming he was duped of Rs 8.10 crore by cyber thugs. He was one of the accused in the 2015 police firing cases related to anti-sacrilege protests in Faridkot.

Privatisation push loses steam as IDBI Bank stake sale scrapped

Privatisation push loses steam as IDBI Bank stake sale scrapped

Rediff.com23 Mar 2026

India's privatisation push, once projected as a cornerstone of economic reform, has suffered another setback, with the Centre set to call off the IDBI Bank stake sale, highlighting the political and structural constraints shaping the country's disinvestment policy, experts say.

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.

Siemens Energy India net profit rises 31% to Rs 360 cr in Q2

Siemens Energy India net profit rises 31% to Rs 360 cr in Q2

Rediff.com25 Nov 2025

Siemens Energy India on Tuesday posted an over 31 per cent year-on-year increase in its net profit to Rs 360 crore during July-September quarter, mainly on the back of higher revenues. Its net profit stood at Rs 274 crore in the quarter ended September 2024, a company statement said.

Police Investigate Trafficking Ring After Woman Forced into Multiple Marriages Attempts Suicide

Police Investigate Trafficking Ring After Woman Forced into Multiple Marriages Attempts Suicide

Rediff.com8 Mar 2026

Police in Beed, India, have arrested four individuals involved in trafficking a 21-year-old woman from Latur district. The woman was forced into multiple marriages, with the accused earning commissions from the arrangements. The investigation began after the victim attempted suicide due to the pressure of a fourth marriage.

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.

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.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com26 Feb 2026

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

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.

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.

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.

Advice For Investors: How To Handle Bull Market Traps, Invest In Gold

Advice For Investors: How To Handle Bull Market Traps, Invest In Gold

Rediff.com10 Feb 2026

'People become guided by emotions, fear of missing out, and greed. They tend to invest in booming sectors that may prove exceptionally expensive.' 'Typically, that represents the peak, and subsequently, they lose substantially.'

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...

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.

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.

Mercedes-Benz Hits Speed Bump In 2025, Vows To Stay Course

Mercedes-Benz Hits Speed Bump In 2025, Vows To Stay Course

Rediff.com15 Jan 2026

Despite a 2.8 per cent fall in 2025 volumes, Mercedes-Benz India reported its best-ever revenue and profitability, led by top-end models, AMG growth and higher BEV mix.

India seizes 3 Iran-linked US-sanctioned tankers

India seizes 3 Iran-linked US-sanctioned tankers

Rediff.com17 Feb 2026

India has seized three US-sanctioned oil tankers linked to Iran and increased surveillance in its maritime zone to curb illicit trade.

'Indian Bank Aims For Rs 25 Trillion Business By December 2030'

'Indian Bank Aims For Rs 25 Trillion Business By December 2030'

Rediff.com7 Feb 2026

'In the last one year, we have added more than Rs 1.7 trillion, and we are on track.'

How India-US Trade Deal Finally Shaped Up

How India-US Trade Deal Finally Shaped Up

Rediff.com12 Feb 2026

The turning point came with the appointment of Sergio Gor as the US ambassador to India.

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.

How This 24 YO Baker Started A Food Truck

How This 24 YO Baker Started A Food Truck

Rediff.com2 Feb 2026

When her parents insisted Rajini Bhargava pursue an MBA, she presented them the idea of investing in a food truck.

Gold price can hit $6,200/oz: UBS

Gold price can hit $6,200/oz: UBS

Rediff.com6 Feb 2026

The bull-market in gold is not yet over and prices can rise to $6,200 an ounce (oz) by mid-2026, up nearly 25 per cent from current levels, according to UBS.

Taskaree: The Smuggler's Web Review: A Neeraj Pandey thriller

Taskaree: The Smuggler's Web Review: A Neeraj Pandey thriller

Rediff.com15 Jan 2026

It is difficult to make conveyor belt and baggage-scanning scenes thrilling -- which is how most people trying to sneak out through the Green Channel are caught -- but Neeraj Pandey and co-director Raghav M Jairath and co-writer Vipul K Rawal make sure there is enough going on to make the series watchable, raves Deepa Gahlot.

'Dhurandhar Has Changed The Landscape Of Cinema'

'Dhurandhar Has Changed The Landscape Of Cinema'

Rediff.com27 Jan 2026

'Established filmmakers want to go with the sequels of earlier hit films like Housefull 5 or Mastiii 4. They don't want to come up with fresh ideas. This is pure laziness.'

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.

Marico to buy majority stake in popcorn brand 4700BC from PVR Inox

Marico to buy majority stake in popcorn brand 4700BC from PVR Inox

Rediff.com27 Jan 2026

Marico has entered into a definitive agreement with PVR INOX to buy its 93.27 per cent stake in Zea Maize Private Limited (ZMPL), which owns the gourmet popcorn brand 4700BC, in an all-cash transaction worth Rs 226.8 crore.

Dhurandhar: Biggest Indian Film Ever!

Dhurandhar: Biggest Indian Film Ever!

Rediff.com7 Jan 2026

Exactly a year after Pushpa 2 released in theatres, Dhurandhar has made history at the box office.

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.

Wipro Profits Up 10.9%

Wipro Profits Up 10.9%

Rediff.com18 Jul 2025

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

'Listing Does Not Alter Our Investment Philosophy'

'Listing Does Not Alter Our Investment Philosophy'

Rediff.com23 Dec 2025

'We operate in an economy that is structurally positioned for long-term growth. As market levels rise over time, our AUM grows in line.'

SFIO questions IndusInd execs on accounting discrepancies

SFIO questions IndusInd execs on accounting discrepancies

Rediff.com20 Dec 2025

Private-sector lender IndusInd Bank had said the Serious Fraud Investigation Office (SFIO) interacted with its officials this week and would send a written communication seeking specific details related to the accounting discrepancies identified at the bank.

'I Don't Want To Let Down The Economy...'

'I Don't Want To Let Down The Economy...'

Rediff.com9 Feb 2026

'This Budget has a one-year agenda, which you can call the sprint, and the marathon is towards Viksit Bharat.'

What Budget 2026 Says About Taxes

What Budget 2026 Says About Taxes

Rediff.com5 Feb 2026

This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.

AstroSpeak: Your Predictions For 2026

AstroSpeak: Your Predictions For 2026

Rediff.com6 Jan 2026

Astrologer Chirag Daruwalla, who is following in the footsteps of his famed astrologer father, the late Bejan Daruwalla, helps you navigate the Naya Saal.

HCLTech counts on M&As to add 1.5% to revenue

HCLTech counts on M&As to add 1.5% to revenue

Rediff.com14 Jan 2026

HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.