News for 'Organisation of the Market'

PFI wanted to create Islamic movement, start civil war in India: ED

PFI wanted to create Islamic movement, start civil war in India: ED

Rediff.com18 Oct 2024

The federal agency issued a statement, saying it has attached fresh assets worth more than Rs 35 crore that are "beneficially-owned and controlled" by the PFI "in the name of various trusts, companies and individuals" as part of its ongoing probe against the outfit and entities linked to it.

'Never Imagined Meeting Hardened Criminals'

'Never Imagined Meeting Hardened Criminals'

Rediff.com6 Feb 2025

'We have been fighting to treat political prisoners differently.' 'Except for Hyderabad and Kolkata, the concept of keeping political prisoners separate doesn't exist in India.'

One Month Of Trump: The World Is In Shock

One Month Of Trump: The World Is In Shock

Rediff.com20 Feb 2025

The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.

East Coast or West Coast? Cricket venue dilemma for LA28

East Coast or West Coast? Cricket venue dilemma for LA28

Rediff.com28 Oct 2024

New York, on the East Coast, hosted several preliminary-round matches of the T20 World Cup earlier this year, which it co-hosted with the West Indies.

This Tata Stock Has Outperformed Sensex

This Tata Stock Has Outperformed Sensex

Rediff.com27 Sep 2024

In calendar year 2024, the stock price of Trent has zoomed 160% As compared to the 18% rally in the BSE Sensex during the same period. It has outperformed the market in the past 10 consecutive years.

BJP Hands 'Tamil Pride' On A Platter To DMK

BJP Hands 'Tamil Pride' On A Platter To DMK

Rediff.com6 Mar 2025

If the DMK is able to sustain the momentum until the assembly polls, the AIADMK especially and the PMK and possibly the infant TVK too would find it hard to sign up with the BJP, explains N Sathiya Moorthy.

Govt plans SPV for aircraft manufacturing in India

Govt plans SPV for aircraft manufacturing in India

Rediff.com4 Sep 2024

The government will set up a special purpose vehicle to push ahead with plans to start manufacturing commercial aircraft in India, Civil Aviation Minister K Rammohan Naidu said on Wednesday as he highlighted the potential of the country's fast-growing aviation sector. The Bhartiya Vayuyan Vidheyak Bill 2024, which was passed by the Lok Sabha in August, includes provisions to regulate the design and manufacturing of aircraft, supporting the Aatmanirbhar Bharat initiative for self-reliance.

AI-driven, deepfake-enabled cyberattacks to rise in 2025

AI-driven, deepfake-enabled cyberattacks to rise in 2025

Rediff.com4 Dec 2024

AI-driven and deepfake-enabled cyberattacks are anticipated to become increasingly prevalent in 2025 with sectors like healthcare and finance most prone targets, according to a recent report. The India Cyber Threat Report 2025 by the Data Security Council of India (DSCI) and Seqrite, spotlighted the evolving tactics of cybercriminals and the rise of AI-driven attacks as a major concern. "Artificial Intelligence (AI) will be used to develop highly sophisticated phishing campaigns utilising deepfake technology and personalised attack vectors, making them harder to detect.

'Rahul Gandhi Would Have Been Wiser Had He...'

'Rahul Gandhi Would Have Been Wiser Had He...'

Rediff.com17 Jan 2025

'...spent 1/10th of his time at 24, Akbar Road...' 'He would have met thousands of party workers and ordinary Congress supporters who have love for the party.' 'Left of Centre intellectuals have shaped Rahul's values, but he lacks earthiness.'

Demand woes likely to keep a lid on HUL stock in near term

Demand woes likely to keep a lid on HUL stock in near term

Rediff.com24 Jan 2025

The October-December quarter (Q3FY25) results of fast moving consumer goods (FMCG) major Hindustan Unilever (HUL) indicated weak demand, with urban growth muted and rural showing recovery. Consolidated revenue grew by 1.6 per cent (volume was flat) to Rs 15,818 crore, due to price hikes. Prices of key raw materials such as palm oil and tea remained elevated, leading to compression of gross margin.

Upper-teens EPS growth likely for Gland Pharma in next two financial yrs

Upper-teens EPS growth likely for Gland Pharma in next two financial yrs

Rediff.com13 Nov 2024

Gland Pharma beat muted expectations for Q2FY25. There was increased Ebitda (Earnings before interest, taxes, depreciation and amortisation) loss at Cenexi, the CRAM subsidiary. However, overall Ebitda margin was better than expectations at 21.1 per cent. But given two years of earnings decline in FY23 and FY24, the business may have bottomed and upper-teens EPS (earnings per share) growth looks possible over next two financial years.

Fiscal-monetary coordination at its best in last six years: RBI Governor Shaktikanta Das

Fiscal-monetary coordination at its best in last six years: RBI Governor Shaktikanta Das

Rediff.com10 Dec 2024

Reserve Bank Governor Shaktikanta Das on Tuesday said the fiscal-monetary coordination was at its best during the last six years even as he thanked Prime Minister Narendra Modi for giving the opportunity to head the monetary authority of the country. Das, in a series of posts on X, on his last day of his six-year term as RBI Governor, also thanked the Finance Minister, various stakeholders and his colleagues at the central bank.

Kukis, Meiteis hold separate protests across Manipur

Kukis, Meiteis hold separate protests across Manipur

Rediff.com13 Nov 2024

The Kuki-Zo Council called for a 13-hour shutdown in Manipur's hill areas on Tuesday, demanding an investigation into the death of 11 people in a clash with security forces in Jiribam. The shutdown, which began at 5 am, saw schools, markets, and public transport remain closed. Various Kuki-Zo organizations, including the Kuki Students' Organisation, the Zomi Students' Federation, and the Hmar Students' Association, demanded a probe into the incident, accusing the Central Reserve Police Force of "treacherous murder." The Hmar Village Volunteers, who were identified by the Kuki-Zo groups as the victims, condemned the incident and called for intervention from the Ministry of Home Affairs.

Firecrackers Capital Sivakasi Faces Uncertain Future

Firecrackers Capital Sivakasi Faces Uncertain Future

Rediff.com24 Oct 2024

Sivakasi is fighting for survival, thanks to the ban on firecrackers in Delhi, regulations in several other cities, pandemic-imposed sales dips, the ban on the use of barium nitrate...

Havells, Polycab flip the switch on high-voltage growth potential

Havells, Polycab flip the switch on high-voltage growth potential

Rediff.com28 Oct 2024

The July-September quarter (Q2) results for 2024-25 (FY25) from the largest listed consumer electrical solutions companies, Havells India and Polycab India, followed similar trends, demonstrating robust revenue growth while falling short of profitability expectations. Both companies witnessed overall growth in the 16-30 per cent range, but margins declined by 130-290 basis points (bps) year-on-year (Y-o-Y). Although brokerages are bullish on long-term prospects and have raised revenue projections, earnings forecasts have been revised downward due to margin pressures.

Under Trump India-US Space Sector May Soar

Under Trump India-US Space Sector May Soar

Rediff.com22 Nov 2024

'With India's growing capabilities in the space sector, this creates promising opportunities for enhanced collaboration and market access.'

Union Carbide waste disposal: Protesters set themselves afire

Union Carbide waste disposal: Protesters set themselves afire

Rediff.com3 Jan 2025

Two men were hospitalised after they set themselves afire on Friday amid a bandh call in Madhya Pradesh's Pithampur against the planned disposal of 337 tonnes of Union Carbide waste in the industrial town, an official said.

When Your First Start-Up Fails... 7 Things To Do

When Your First Start-Up Fails... 7 Things To Do

Rediff.com19 Aug 2024

Going back to the board, analysing mistakes and efficiently addressing them can help entrepreneurs establish successful start-ups in the long run, says Vikram Bhandari, the chief technology and innovation officer at Riveron, a business advisory firm.

EV launches, Chinese models... What Auto Expo Has In Store

EV launches, Chinese models... What Auto Expo Has In Store

Rediff.com17 Jan 2025

For the first time, the event will take place across three locations in Delhi: Bharat Mandapam at Pragati Maidan, Yashobhoomi Convention Centre at Dwarka, and India Expo Mart at Greater Noida.

How to get more bang for the buck out of field agents

How to get more bang for the buck out of field agents

Rediff.com23 Jan 2025

Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?

Can Quiet Hiring Reduce Layoffs?

Can Quiet Hiring Reduce Layoffs?

Rediff.com3 Sep 2024

Quiet hiring allows employees to expand their skill sets, making them more versatile and valuable to the organisation, says Sonica Aron, founder of the HR consultancy firm, Marching Sheep.

Govt revises gold import data from April; cuts Nov figures by $5 bn to $9.84 bn

Govt revises gold import data from April; cuts Nov figures by $5 bn to $9.84 bn

Rediff.com8 Jan 2025

The government has revised gold import data, bringing down numbers for November by $5 billion to $9.84 billion, possibly to rectify double accounting of inbound shipments. According to revised data of the commerce ministry arm Directorate General of Commercial Intelligence and Statistics (DGCIS), gold import numbers have been slashed since April 2024, revealing excess imports of about $11.7 billion during the first eight months of 2024-25.

Tomato price volatility exposes gaps in India's agriculture supply chain

Tomato price volatility exposes gaps in India's agriculture supply chain

Rediff.com26 Oct 2024

Tomato prices have been on the boil for more than a month. Data from major cities show that the spike has been between 125 and 150 per cent at the wholesale level. Soaring vegetable prices, including tomatoes, pushed the retail inflation rate to a nine-month high of 5.49 per cent in September, according to government data. Though reports say prices are expected to come down in the next few weeks after supplies improve from Madhya Pradesh and Himachal Pradesh, how long will the respite last is anybody's guess.

Trump's 'America First' agenda may lead to higher tariffs

Trump's 'America First' agenda may lead to higher tariffs

Rediff.com6 Nov 2024

With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the 'America First' agenda, opined trade experts. Experts also said that Trump could also tighten H-1B visa rules, impacting costs and growth for Indian IT firms. Over 80 per cent of India's IT export earnings come from the US, making it vulnerable to changes in visa policies.

Priyanka Nag: How I Won The Best Designer Award

Priyanka Nag: How I Won The Best Designer Award

Rediff.com20 Jan 2025

'The jury panel said that my collection should not be limited to a college fashion show; it had much more potential. They encouraged me to sign up for the annual National Designer Awards organised by the World Designing Forum.'

How Much Do Indians Spend On Weddings?

How Much Do Indians Spend On Weddings?

Rediff.com22 Jul 2024

An average Indian couple spends around 2x on weddings versus education (pre-primary to graduation).

Reasonably priced stocks of oil marketing cos to gain

Reasonably priced stocks of oil marketing cos to gain

Rediff.com6 Jul 2023

Investors are showing some interest in the downstream energy cycle. Refiners and marketers, especially the public sector (PSU) oil marketing companies (OMCs) could see a revival of marketing margins. Lower crude oil and gas prices may also improve margins in industries like paints, logistics, synthetic fabrics, plastics, and fertilisers. In the medium-term, however, there could be a supply overhang affecting OMCs as new refining capacities are scheduled to be commissioned, especially in China, and this may lead to a drop in the refining margins as capacity would be surplus to demand until and unless there's a pick-up in global growth.

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

Rediff.com9 Feb 2024

In a bid to enhance its equity exposure and earn higher returns for its nearly 65 million subscribers, the Employees' Provident Fund Organisation (EPFO) is considering reinvesting 50 per cent of its exchange-traded funds (ETFs) redemption proceeds back into equity. Sources close to the development said a proposal regarding this was discussed in the investment committee (IC) meeting in October last year, and the recommendation has been sent to the Central Board of Trustees (CBT), the apex decision-making body of the EPFO for its approval. The next CBT meeting is scheduled to be held on Saturday.

Union Budget 2024-25: MSMEs bat for Rs 5,000 crore export booster

Union Budget 2024-25: MSMEs bat for Rs 5,000 crore export booster

Rediff.com3 Jul 2024

India SME Forum, an organisation for small and medium businesses, has called for creating a dedicated fund of Rs 5000 crore for the export capacity development, promotion, and marketing of Micro, Small & Medium Enterprises (MSMEs) in its Budget recommendation. The forum for MSMEs with over 98,000 members said that to enhance India's global competitiveness and increase its market share in global exports, it was "crucial to increase the number of active exporters and enable at least 3-4 lakh first-time micro, small, and medium exporters while supporting them in promoting Indian products globally."

US SEC summons Gautam Adani, nephew Sagar in bribery case

US SEC summons Gautam Adani, nephew Sagar in bribery case

Rediff.com23 Nov 2024

Adani group founder and chairman Gautam Adani and his nephew Sagar have been summoned to explain their stand on the US Securities and Exchange Commission (SEC) allegation of paying $265 million (Rs 2,200 crore) in bribes to secure lucrative solar power contracts. Summons have been sent to Adani's Shantivan Farm residence in Ahmedabad and his nephew Sagar's Bodakdev residence in the same city for a reply to SEC within 21 days.

HC directs MP to act on Union Carbide waste disposal in 6 weeks

HC directs MP to act on Union Carbide waste disposal in 6 weeks

Rediff.com7 Jan 2025

The Madhya Pradesh high court in Jabalpur on Monday directed the state government to take steps within six weeks for disposal of Bhopal-based Union Carbide's 337 tonnes of hazardous waste as per safety protocols, while restraining the media from publishing any fake news on the same.

High-level delegation of US pension funds to visit India next week

High-level delegation of US pension funds to visit India next week

Rediff.com6 Sep 2024

A delegation of high-level executives from US public pension funds (non-profit and government sectors) is visiting India next week to assess and familiarise themselves with the investment opportunities in the country. These executives belong to various American states and cumulatively represent $1.8 trillion in assets under management (AUM) invested across the US and global markets. The United States (US) mission to India, which includes its embassy and consulates and the Department of Treasury, along with India's Ministry of Finance and the National Investment and Infrastructure Fund (NIIF), is hosting the delegation.

Bibek Debroy: A Guru I Could Look To

Bibek Debroy: A Guru I Could Look To

Rediff.com2 Nov 2024

Bibek Debroy was one of the very few economists not bound by any single area of expertise and was simultaneously curious about economics and politics, myths and maths, chess and chemistry, and what not, remembers Laveesh Bhandari.

Lorries Being Gifted This Wedding Season!

Lorries Being Gifted This Wedding Season!

Rediff.com27 Nov 2024

Another trend: A preference for coloured diamonds among brides, who are pairing them with their groom's birthstone. So, along with yellow or white diamonds, they are choosing pink, green, blue sapphires, emeralds or red rubies.

The Intern's Dilemma

The Intern's Dilemma

Rediff.com12 Sep 2024

'When it is unpaid, sometimes, they don't take you seriously.' 'Work is not reviewed, and there is no effort in making interns learn.'

Founders built an incredible organisation; Infosys in stable position: CEO Salil Parekh

Founders built an incredible organisation; Infosys in stable position: CEO Salil Parekh

Rediff.com14 Aug 2022

Infosys CEO Salil Parekh, has praised the company's founders for building an "incredible organisation", and exuded confidence that the firm which "has always been solid" will "continue with that stability." Parekh - who steered the firm to stability after a bitter spat between founders and then-management a few years back - believes that Infosys is "well positioned" to leverage tech-led growth opportunities over the next several years. Parekh took over at the helm in January 2018, after a standoff between board and founders, including NR Narayana Murthy, over issues such as governance, led to the exit of then-CEO Vishal Sikka.

Meitei group locks govt offices in protest over Jiribam killings

Meitei group locks govt offices in protest over Jiribam killings

Rediff.com18 Nov 2024

Protests erupted in Imphal, Manipur, on Monday, as a group led by the Coordinating Committee on Manipur Integrity (COCOMI) locked government offices in protest of the recent killing of three women and three children in Jiribam. The Manipur government also extended the suspension of internet services for two more days, till Wednesday, in seven districts of the state. The protests come amidst a fresh wave of unrest following the disappearance of six people from a displaced persons camp in Jiribam and the subsequent discovery of multiple bodies.

10 Skills That Matter At Job Interviews

10 Skills That Matter At Job Interviews

Rediff.com12 Jul 2024

Employers seek individuals who can prioritise tasks, solve problems, and work within deadlines, notes Ankit Aggarwal, founder and CEO, Unstop.

LIC earmarks Rs 600 crore for digital shift; to be 'paperless' in 2 years

LIC earmarks Rs 600 crore for digital shift; to be 'paperless' in 2 years

Rediff.com19 Sep 2024

State-run Life Insurance Corporation of India (LIC) has committed Rs 600 crore for its digital transformation journey, Sunder Krishnan, chief risk officer said on Wednesday. The insurance giant is also aiming to become completely "paperless" in two years. "We have hired a large system integrator for more than Rs 400 crore, a consultant for digital transformation for Rs 100 crore, and Rs 100 crore for agency transformation.

Fresh Youth Hiring Surged In April-May

Fresh Youth Hiring Surged In April-May

Rediff.com22 Jul 2024

'This year overall hiring has seen a slight improvement as compared to the dip seen during the last financial year.'