News for 'Optimizer'

Dhawan's Tearful Birthday Message...

Dhawan's Tearful Birthday Message...

Rediff.com26 Dec 2023

'Papa always misses you and loves you.' 'He's always positive, waiting with a smile for the time when we will meet again by the Grace of God.'

Deflated India find optimism in Melbourne heartbreak

Deflated India find optimism in Melbourne heartbreak

Rediff.com9 Mar 2020

The crushing defeat in Sunday's final against Australia will haunt Harmanpreet Kaur and her team but the cricket-mad country reacted with maturity to the setback and support poured in for Kaur's team, which included several teenagers.

6 Lessons From Vinesh's Olympic Journey

6 Lessons From Vinesh's Olympic Journey

Rediff.com17 Aug 2024

Vinesh Phogat is a reminder that true champions are not just defined by their medals but by their character and their impact on society.

England Ready To Stun India In Dharamsala

England Ready To Stun India In Dharamsala

Rediff.com6 Mar 2024

Amidst a challenging tour of India, England finds themselves in the serene embrace of Dharamsala for the final Test.

Strong prospects already priced in for Crompton Greaves after Q4 results

Strong prospects already priced in for Crompton Greaves after Q4 results

Rediff.com21 Jun 2024

Good results for the January-March quarter (Q4) of FY24 and strong seasonal demand have led to strong investor interest in Crompton Greaves (CG) Consumer Electricals which is hitting new highs. While there's bullish consensus on the company's future performance, the stock has gained over 40 per cent in the last six months and valuations may become stretched. The Q4FY24 revenue rose 9.5 per cent YoY to Rs 1,960 crore.

Aatmanirbharta not at cost of nation's defence, says vice air chief

Aatmanirbharta not at cost of nation's defence, says vice air chief

Rediff.com19 Jul 2024

The ongoing Russia-Ukraine conflict has demonstrated the integration of multiple forces in domains of air, land, sea, cyber, information and space, and how they are "united" to achieve the goal, Vice Chief of the Air Staff, Air Marshal A P Singh, said on Friday.

From bricks to stocks: Indian family houses take leap with new-found wealth

From bricks to stocks: Indian family houses take leap with new-found wealth

Rediff.com25 Jun 2024

Led by a new generation of entrepreneurs, India's family offices are shifting from traditional investments in physical and tangible assets like real estate to investing in technology, healthcare, and retail stocks. This new wave of family offices is engaging in stock market investments, including pre-IPO placements and secondary market operations. "Born into a world of technology, the next generation, especially those born after 2000, view technology as equally crucial as finance for running a business.

'Kirana Stores May Adopt Quick Commerce'

'Kirana Stores May Adopt Quick Commerce'

Rediff.com23 May 2024

'Traders must adopt digital payments as soon as possible within a set timeframe, as the nation is moving rapidly towards digitisation.' 'Ignoring digital systems is not an option for strengthening trade.'

Aim to make India core in global energy revolution: Ola Electric

Aim to make India core in global energy revolution: Ola Electric

Rediff.com1 Jul 2024

In March 2021, Ola Electric founder Bhavish Aggarwal was seen surveying an empty 500-acre land surrounded by shoe factories, temples, bakery shops, coconut trees and dusty roads in Pochampalli town of Krishnagiri district, Tamil Nadu. Many excavators and workers were busy at the construction site to build the Ola Futurefactory for electric vehicles.

Policy, valuations could keep rural stocks in play post-2024 polls result

Policy, valuations could keep rural stocks in play post-2024 polls result

Rediff.com13 Jun 2024

Most brokerages are betting that the new government will shift to a policy focussing on boosting rural incomes and consumption since that has clearly been a pain point.

India likely to grow by 7.5% in Q1, says article in RBI Bulletin

India likely to grow by 7.5% in Q1, says article in RBI Bulletin

Rediff.com21 May 2024

India is likely to grow by 7.5 per cent in the first quarter of the current financial year, driven by rising aggregate demand and non-food spending in the rural economy, according to an article in the RBI's May Bulletin released on Tuesday. The Indian economy has demonstrated marked resilience in the face of geopolitical headwinds impacting the supply chain, said an article on the state of the economy published in the May Bulletin.

Mcap of BSE-listed companies soar to all-time high of Rs 406.52 lakh cr

Mcap of BSE-listed companies soar to all-time high of Rs 406.52 lakh cr

Rediff.com29 Apr 2024

The market capitalisation of BSE-listed companies soared to an all-time high of Rs 406.52 lakh crore on Monday thanks to a rally in equities where the BSE Sensex climbed over 1 per cent. The 30-share BSE Sensex rallied 941.12 points or 1.28 per cent to finish at 74,671.28. During the day, it zoomed 990.99 points or 1.34 per cent to 74,721.15.

Why You Should Diversify Your Portfolio

Why You Should Diversify Your Portfolio

Rediff.com28 May 2024

Build a portfolio diversified across market caps, investment styles, and geographies.

Hero MotoCorp's growth mileage: Rural recovery to power market share ride

Hero MotoCorp's growth mileage: Rural recovery to power market share ride

Rediff.com17 Jun 2024

Hero MotoCorp, a major player in the two-wheeler market, has seen a 9 per cent rise in its stock since the beginning of the month. This increase, driven by the largest motorcycle company by volume, is attributed to expectations of a revival in rural sales due to normal monsoons, government measures to boost consumption, recent market share gains, and a large valuation discount compared to peers. In the near term, the company's volume performance and growth trajectory, particularly in rural markets and entry-level segments, are expected to be key drivers.

'Hindutva Must Refute Nehru To Make Its Case'

'Hindutva Must Refute Nehru To Make Its Case'

Rediff.com27 May 2024

'Nehru remains central to the polemic between the Congress and the BJP, or stated ideologically, between secular and Hindu nationalism.' 'The reason is that Nehru represents what is optimally possible as a secular politics along with liberalism and democracy in a country like India.'

Why MVA Won 30 Seats In Maharashtra

Why MVA Won 30 Seats In Maharashtra

Rediff.com5 Jun 2024

'The people preferred Uddhav Thackeray and Sharad Pawar...'

Sensex pares intra-day gains; settles 63 points higher

Sensex pares intra-day gains; settles 63 points higher

Rediff.com11 Jan 2024

Benchmark equity indices ended marginally higher on Thursday, trimming most of their intra-day gains, as investors turned cautious ahead of the quarterly results of IT behemoths TCS and Infosys later in the day. Announcement of the US inflation data and domestic macroeconomic numbers also forced investors to remain on the sidelines. The 30-share BSE Sensex climbed 63.47 points or 0.09 per cent to settle at 71,721.18.

Want To Invest In FD? Read This

Want To Invest In FD? Read This

Rediff.com23 May 2024

Do not keep a large portion of your long-term portfolio in FDs.

Infosys profit jumps 30% to Rs 7,969 crore in Q4

Infosys profit jumps 30% to Rs 7,969 crore in Q4

Rediff.com18 Apr 2024

IT company Infosys on Thursday said its consolidated profit jumped 30 per cent to Rs 7,969 crore in the fourth quarter ended March 2024. The company posted a profit of Rs 6,128 crore in the same period a year ago, according to a regulatory filing. The consolidated revenue of Infosys during the reported quarter increased by 1.3 per cent to Rs 37,923 crore from Rs 37,441 crore in the same quarter a year ago.

Amid gloom, Starbucks looks towards India with optimism

Amid gloom, Starbucks looks towards India with optimism

Rediff.com15 Jan 2016

While India has close to 80 Starbucks stores in six cities, the plan is to touch 100 this year.

India's manufacturing sector growth hits 5-month high in Feb

India's manufacturing sector growth hits 5-month high in Feb

Rediff.com1 Mar 2024

India's manufacturing sector growth climbed to a five-month high in February amid a sharper uptick in factory production and sales, supported by both domestic and external demand, a monthly survey said on Friday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) rose from 56.5 in January to 56.9 in February, pointing to the strongest improvement in the health of the sector since September 2023. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

China Threat Leads India Japan To Boost Defence Ties

China Threat Leads India Japan To Boost Defence Ties

Rediff.com22 Aug 2024

The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.

Robust demand helps auto retail sales surge 13% in February

Robust demand helps auto retail sales surge 13% in February

Rediff.com7 Mar 2024

Automobile retail sales in India rose 13 per cent year on year in February with all the segments, including passenger vehicles and two-wheelers, witnessing robust offtake, dealers' body FADA said on Thursday. Overall retail sales stood at 20,29,541 units last month as compared to 17,94,866 units in the year-ago period. Passenger vehicle sales grew 12 per cent to 3,30,107 units last month as against 2,93,803 units in February 2023.

Flight schedule to normalise in 2-3 days: Vistara CEO Vinod Kannan

Flight schedule to normalise in 2-3 days: Vistara CEO Vinod Kannan

Rediff.com4 Apr 2024

High pilot utilisation, combined with a portion of pilots taking sick leave at the end of March has resulted in the cancellations during the last couple of days, chief executive officer (CEO) of Vistara, Vinod Kannan, said during a meeting with the pilots on Wednesday.

Sensex loses steam on fag-end profit-taking

Sensex loses steam on fag-end profit-taking

Rediff.com9 Jan 2024

Among the Sensex firms, Larsen & Toubro, Bharti Airtel, HCL Tech, Tata Motors, Sun Pharma and Tata Steel were the major gainers. On the other hand, Nestle, Asian Paints, Bajaj Finserv, HDFC Bank and Axis Bank were among the laggards.

'86% executives using AI to boost revenue'

'86% executives using AI to boost revenue'

Rediff.com16 May 2024

As many as 86 per cent of senior business executives have deployed artificial intelligence (AI) to enhance revenue streams or create new ones, said a report by Tata Consultancy Services (TCS) on Wednesday. As many as 69 per cent of businesses are more focused on using AI for innovation and increasing revenue than on improving productivity and optimising cost, said the 'TCS AI for Business Study'.

Iron-ore price recovery, steady demand positive for NMDC

Iron-ore price recovery, steady demand positive for NMDC

Rediff.com18 Apr 2024

Its 11MFY24 production is around 40.2 mt. In FY25, it could hit 50 mt and it may reach 55 mt by FY26. The PSU has capex plans for multiple projects, which should improve the product mix and augment capacity to 100 mt for FY30.

Smallcaps Poised For Largest 5-Month Gain

Smallcaps Poised For Largest 5-Month Gain

Rediff.com30 Apr 2024

Market players attribute the rally in small and midcaps to flows from retail investors and domestic institutions.

Moody's raises India's 2024 growth forecast to 6.8%

Moody's raises India's 2024 growth forecast to 6.8%

Rediff.com4 Mar 2024

Global rating agency Moody's on Monday raised India's growth forecast for 2024 calendar year to 6.8 per cent, from 6.1 per cent estimated earlier, on the back of 'stronger-than-expected' economic data of 2023 and fading global economic headwinds. India's real GDP expanded 8.4 per cent year-over-year in the fourth quarter of calendar year 2023, resulting in a 7.7 per cent growth for full-year 2023. Capital spending by the government and strong manufacturing activity have meaningfully contributed to the robust growth outcomes in 2023, Moody's Investors Service said.

Sensex climbs Mount 72K for first time; Nifty hits all-time high

Sensex climbs Mount 72K for first time; Nifty hits all-time high

Rediff.com27 Dec 2023

Among the Sensex firms, UltraTech Cement, JSW Steel, Tata Motors, Bharti Airtel, State Bank of India, Larsen & Toubro, Infosys and Bajaj Finserv were the major gainers. On the other hand, NTPC and Tech Mahindra were the laggards.

People who acted as eyes, ears of 'enemy' queued up to vote: JK DGP

People who acted as eyes, ears of 'enemy' queued up to vote: JK DGP

Rediff.com2 Jun 2024

Director general of police Swain commended the security forces for their efforts in monitoring potential threats from external elements particularly "proxies of Pakistan" who intended to disrupt the democratic process.

China reacts to Modi's comments on border dispute

China reacts to Modi's comments on border dispute

Rediff.com11 Apr 2024

China said that "sound and stable ties" serve the common interests of China and India.

Indian 2 Review: Kamal Haasan Elevates Overwritten Sequel

Indian 2 Review: Kamal Haasan Elevates Overwritten Sequel

Rediff.com12 Jul 2024

The saving grace of Shankar's expanded universe is the masterful precision with which Kamal Haasan drops himself into a messy setup, only slightly to elevate the pulpy tendencies of Shankar's vision, observes Arjun Menon.

Fundraise via IPOs to hit Rs 1 trillion mark in FY25: Report

Fundraise via IPOs to hit Rs 1 trillion mark in FY25: Report

Rediff.com11 Apr 2024

Fundraising via the initial public offering (IPO) route by companies may touch Rs 1 trillion in financial year 2024-25 (FY25), according to a recent note by Pantomath Group - a mid-market investment bank. During the financial year 2023-24 (FY24), 76 companies tapped the markets through mainboard IPOs, Pantomath said, raising nearly Rs 62,862 crore. This is a 21 per cent rise compared to FY23, the note added.

Mr & Mrs Mahi Review: Match Made In Heaven!

Mr & Mrs Mahi Review: Match Made In Heaven!

Rediff.com31 May 2024

I liked how the film finds excitement in Mahendra and Mahima's dull lives and transforms their humdrum existence into an ode to second chances, notes Sukanya Verma.

Sensex, Nifty end lower; FMCG, IT stocks top drags

Sensex, Nifty end lower; FMCG, IT stocks top drags

Rediff.com20 Jan 2024

Among the Sensex firms, Kotak Bank, PowerGrid, ICICI Bank, HDFC Bank, PowerGrid were the major gainers. HUL, TCS, M&M, IndusInd Bank, HCL Tech were among the losers.

'Ramandeep's innings set up the platform for Russell'

'Ramandeep's innings set up the platform for Russell'

Rediff.com24 Mar 2024

Kolkata Knight Riders batter Ramandeep Singh's innings may have gone unnoticed in front of Andre Russell's six-hitting spree, but Sunrisers Hyderabad head coach Daniel Vettori feels the 35-run cameo set the stage for the Jamaican's explosive match-winning knock.

'BJP Did Hit Wicket With 400 Paar'

'BJP Did Hit Wicket With 400 Paar'

Rediff.com11 Jun 2024

'Akhilesh Yadav made voters think why is the BJP asking for 400 paar.' 'They understood his words and believed the BJP wanted 400 paar only to demolish the Constitution and end reservations.'

Optimism about rupee grows, Barclays cuts one month forecast to 59

Optimism about rupee grows, Barclays cuts one month forecast to 59

Rediff.com11 Mar 2014

Technically, USD/INR remains well below its 200-day moving average after first breaching that trend level on Thursday for the first time since May 2013, adding to the optimism on the rupee.