News for 'Orient Industries'

Lessons For Banks To Learn From SVB Collapse

Lessons For Banks To Learn From SVB Collapse

Rediff.com5 Apr 2023

The difference between what the banks play in the US and India is not that of soccer and football but rugby and football. SVB also has a unique character. But when risks are mispriced, the fallout could be very similar, points out Tamal Bandyopadhyay.

After 9 months, Equity mutual fund flows turn positive

After 9 months, Equity mutual fund flows turn positive

Rediff.com30 Apr 2021

Equity flows turning positive could give fund managers firepower to invest in the markets. This could come in handy as flows from foreign investors have tapered off amid rising bond yields in the US.

'He was responsible for many firsts in Indian cinema'

'He was responsible for many firsts in Indian cinema'

Rediff.com15 Nov 2022

'Krishna garu was completely broken after the death of his son Ramesh Babu and then, Indira Devi.' 'His second wife Vijaya Nirmala was also gone.' 'I think Krishna garu had lost the will to live.'

'Budget is growth-oriented, part populist & investment friendly'

'Budget is growth-oriented, part populist & investment friendly'

Rediff.com28 Feb 2015

Experts hail Budget 2015 as a progressive, growth oriented one.

Why Are Milk Prices So High?

Why Are Milk Prices So High?

Rediff.com29 Mar 2023

It would not be surprising if India, the world's largest producer of milk, has to resort to imports to meet the elevated summer demand, states Surinder Sud.

US report flags 'downward trend of democratic values' in India

US report flags 'downward trend of democratic values' in India

Rediff.com10 Feb 2023

As the United States focuses on the Indo-Pacific, in particular the Quad, the Biden administration needs to address India's ties with Russia and its 'downward trend of democratic values and institutions', said a report by the Democratic Party of the Senate Foreign Affairs Committee.

Budget: Here's what the industry leaders have to say

Budget: Here's what the industry leaders have to say

Rediff.com10 Jul 2014

The industry's reactions to the Budget have been mixed.

Indian economy poised for further growth in 2023 despite global headwinds

Indian economy poised for further growth in 2023 despite global headwinds

Rediff.com2 Jan 2023

The Indian economy recovered from the Covid-induced downturn during 2022 and is poised for further improvement in the coming quarters though downside risks emanating from geopolitical tensions, strengthening dollar and elevated inflation will continue. The positive trajectory in the growth trend and improved fundamentals will help the nation in neutralising the impact of global headwinds which are expected to have a bearing on the country's exports in the months to come. The challenges before the government and the Reserve Bank in the new year would be to arrest inflation, check declining value of rupee against US dollar and promote private investment and growth, with a view to ensure that the country remains one the fastest growing major economies of the world.

Equity mutual funds inflow drops 43% to Rs 8,898 crore in July

Equity mutual funds inflow drops 43% to Rs 8,898 crore in July

Rediff.com8 Aug 2022

Equity mutual funds attracted Rs 8,898 crore in July, a 43 per cent decline compared to the preceding month as markets continued to remain volatile amid concerns over inflation and rate hike expectations. For the 17th straight month, equity mutual funds witnessed inflows in July. The net inflows in July were lower compared to Rs 15,495 crore seen in June, Rs 18,529 crore in May and Rs 15,890 crore in April, according to data released by Association of Mutual Funds in India (Amfi) on Monday.

Include Value Funds In Your Portfolio

Include Value Funds In Your Portfolio

Rediff.com20 Jan 2023

Don't exit from growth-style funds as they may benefit next from a shift in investor preference.

Should India Inc get licence to operate banks? RBI still undecided

Should India Inc get licence to operate banks? RBI still undecided

Rediff.com16 Dec 2021

Reserve Bank of India (RBI) deputy governor M Rajeshwar Rao on Wednesday defended the central bank's decision of not allowing industrial houses to float banks, and said more deliberations are needed before RBI changes its stance on this issue agreed back in 2001. An internal working group (IWG) of the RBI had recommended allowing industrial groups into banking, but late last month the RBI said it kept on hold the two recommendations of allowing industrial houses and large non-banks to float banks. However, RBI had accepted 21 of the 33 recommendations of the group that submitted its report a year ago.

MFs add over Rs 4 lakh cr to asset base in 2019, expects momentum to continue

MFs add over Rs 4 lakh cr to asset base in 2019, expects momentum to continue

Rediff.com25 Dec 2019

It was because of strong inflows into debt-oriented schemes that saved 2019 from being a "dark-dull year of investing" as inflows into equity funds has dropped this year due to a volatile market.

'Effect of Budget on elections is marginal'

'Effect of Budget on elections is marginal'

Rediff.com2 Feb 2023

'The BJP's real weapons are Hindutva, organisation and finance.'

Equity MFs see all-time high net inflow of Rs 28,463 cr in Mar

Equity MFs see all-time high net inflow of Rs 28,463 cr in Mar

Rediff.com8 Apr 2022

Equity mutual funds attracted an all-time high net inflow of Rs 28,463 crore in March, on continued interest by retail and HNI investors, who used market correction as a good buying opportunity.

Lost Your Job? Don't Lose Hope

Lost Your Job? Don't Lose Hope

Rediff.com28 Feb 2023

The best possible way to deal with job uncertainty is accepting the fact that it could happen to anyone and if it does, then it is important to work on a multi-pronged strategy on how to get through it in the best possible manner, advises Sumit Sabharwal.

Trouble Awaits Oil Stocks?

Trouble Awaits Oil Stocks?

Rediff.com14 Jul 2022

'I would not suggest buying these stocks in the dip, as the upside in profit is dented without a safety net for a rainy day.'

How Madhabi Puri Buch Is Changing Sebi

How Madhabi Puri Buch Is Changing Sebi

Rediff.com20 Jun 2022

Industry players credit Sebi's first woman chairperson with putting special emphasis on cyber security, use of tech and data, areas where Sebi is trying to 'stay ahead of the curve'.

Equity MFs see Rs 15,890 crore inflow in April

Equity MFs see Rs 15,890 crore inflow in April

Rediff.com10 May 2022

Sustaining positive momentum for the 14th straight month, equity mutual funds attracted a net sum of Rs 15,890 crore in April amid heightened volatility in stock market and consistent selling by foreign portfolio investors. This was much lower compared to a record net inflow of Rs 28,463 crore seen in the preceding month, data from the Association of Mutual Funds in India (AMFI) showed on Tuesday. The lower quantum of net inflow from the previous month could be attributed to investors going slightly cautious given the ongoing challenges to the investment environment, Himanshu Srivastava, associate director - manager research, Morningstar India, said.

Indian Values Are Undergoing A Change

Indian Values Are Undergoing A Change

Rediff.com1 Jun 2023

We are currently in a transition phase and its resultant turmoil as a titanic struggle between Indian and Western value systems is being waged, argues Colonel Anil A Athale (retd).

Rs 1.45 Trillion In MFs Since March 2021

Rs 1.45 Trillion In MFs Since March 2021

Rediff.com6 Apr 2022

And there have been months when flows have exceeded $3 billion.

Xi in Moscow for talks with Putin to 'end Ukraine war'

Xi in Moscow for talks with Putin to 'end Ukraine war'

Rediff.com20 Mar 2023

Ahead of his crucial talks with Russian President Vladimir Putin in Moscow, Chinese President Xi Jinping said on Monday that his peace plan to end the raging Ukraine war takes into account the 'legitimate' concerns of all parties and reflects the broadest common understanding of the international community.

MFs net sellers of Indian equities first time in 7 years

MFs net sellers of Indian equities first time in 7 years

Rediff.com24 Mar 2021

Mutual funds (MFs) are set to be net sellers of Indian equities for the first time in the past seven financial years, having sold stocks worth about Rs 1.27 trillion so far in 2020-21 (FY21), making it the highest net sales on record in a financial year. MFs had been net buyers in the previous six financial years, including purchases of over Rs 1.41 trillion in FY18, Rs 88,152 crore in FY19, and Rs 91,814 crore in FY20. The last time they offloaded Indian equities was in FY14, when they net sold stocks worth Rs 21,159 crore. In contrast, foreign portfolio investors (FPIs) have ramped up buying in FY21, purchasing more than Rs 2.6 trillion worth of shares.

7 Skills to SUCCEED in a Corporate Career

7 Skills to SUCCEED in a Corporate Career

Rediff.com26 May 2021

Every crisis throws up opportunities, and one should be resilient enough to focus on the opportunities rather than let the crisis overpower you, says Aditya Mohan Jadhav.

Equity MFs inflow surges to Rs 25,000 cr in Dec

Equity MFs inflow surges to Rs 25,000 cr in Dec

Rediff.com10 Jan 2022

This was also the 10th consecutive monthly net inflow, data with Association of Mutual Funds in India (Amfi) showed on Monday. In comparison, equity mutual funds logged net inflow to the tune of Rs 11,615 crore in November, Rs 5,215 crore in October, Rs 8,677 crore in September and Rs 8,666 crore in August.

US trade body hails Budget, says it's fiscally prudent

US trade body hails Budget, says it's fiscally prudent

Rediff.com2 Feb 2022

In the midst of third wave of COVID-19, Finance Minister Nirmala Sitharaman has come up with an impactful Budget which is balanced, fiscally prudent and growth-oriented, the USA India Chamber of Commerce has said. President of the Boston-based USA India Chamber of Commerce (USAIC) Karun Rishi, however, said it is a matter of concern that the budget lacks tangible measures to increase revenue generation. "Opting to keep the fiscal deficit at 6.9 per cent and increase capital expenditure by 35 per cent is a masterstroke. "The annual budget estimates the effective capital expenditure of Rs 10.68 lakh crore in 2022-23, making up about 4.1 per cent of the GDP," he said. "A phenomenal increase in the government's capital expenditure is likely to facilitate the expenditures on infrastructure and create jobs.

Why Shah Rukh Needed Action To Revive His Career

Why Shah Rukh Needed Action To Revive His Career

Rediff.com20 Feb 2023

Shah Rukh had outgrown the roles that made him a star -- the menacing, obsessive lover in Darr, the regular guy in Kabhi Haan Kabhi Na or the new age boyfriend in Dilwale Dulhania Le Jayenge. By the time he entered his 50s, he was struggling to find his feet, explains Vanita Kohli-Khandekar.

Passenger vehicle exports from India rise 43% in FY22

Passenger vehicle exports from India rise 43% in FY22

Rediff.com18 Apr 2022

Passenger vehicle exports from India increased 43 per cent in FY22, with Maruti Suzuki India leading the segment with dispatches of over 2.3 lakh units, as per the latest data by industry body SIAM. The total passenger vehicle (PV) exports stood at 5,77,875 units in 2021-22 fiscal, as compared to 4,04,397 units in 2020-21. Passenger car shipments saw 42 per cent growth at 3,74,986 units, while utility vehicle exports rose 46 per cent at 2,01,036 units during the last fiscal, the data by the Society of Indian Automobile Manufacturers (SIAM) showed.

'We talk about India in every board meeting'

'We talk about India in every board meeting'

Rediff.com23 May 2023

'India has a lot of potential, not just in commercial aspects, but also in hiring of people and sourcing of products.'

How India stands to gain from global diesel shortage

How India stands to gain from global diesel shortage

Rediff.com5 Dec 2022

A looming global shortage of diesel in Europe presents India with more than one opportunity to profit from strong margins. A shortage of the fuel, a key contributor to inflation, has been exacerbated by the conflict in Ukraine, and western sanctions on Russian fuel supplies. The slowdown in natural gas supply means the West needs diesel to heat their homes this winter.

J&K CM promises to restore 'Chotta London's' lost glory

J&K CM promises to restore 'Chotta London's' lost glory

Rediff.com23 Jul 2015

Jammu and Kashmir Chief Minister Mufti Mohammad Sayeed on Thursday visited Sopore town that had been in the news recently for violence and attacks on the mobile service providers and telecom towers.

On Yogi's direction, UP ministers tour districts for feedback on governance

On Yogi's direction, UP ministers tour districts for feedback on governance

Rediff.com29 Apr 2022

The ministers fanned out to different districts and interacted with officials and people to take stock of the implementation of government schemes at the grassroots level.

'Market is pricing rate hike up to December'

'Market is pricing rate hike up to December'

Rediff.com13 Jun 2022

'There will be a series of rate hikes, but the pace and quantum will depend on how the economy in the US and the rest of the world behave.'

Sensex, Nifty rebound sharply after 4-day rout

Sensex, Nifty rebound sharply after 4-day rout

Rediff.com8 Mar 2022

From the 30-share pack, Sun Pharma, TCS, Tech Mahindra, NTPC, Wipro, UltraTech Cement, Dr Reddy's Laboratories and Infosys were the major gainers, jumping up to 3.99 per cent. In contrast, Tata Steel, Nestle, Titan Company, PowerGrid, Reliance Industries Limited and State Bank of India were among the laggards.

Debt mutual funds see Rs 92,248-cr outflow in June

Debt mutual funds see Rs 92,248-cr outflow in June

Rediff.com12 Jul 2022

Mutual funds focused on investing in fixed-income securities witnessed a heavy outflow of Rs 92,248 crore in June on uncertain macro environment, driven by expectations around an increasing rate cycle, higher commodity prices and slowdown in growth. This comes following a net outflow of Rs 32,722 crore in May and an inflow of Rs 54,756 crore in April, data available with Association of Mutual Funds in India (Amfi) showed. Out of the 16 fixed-income or debt fund categories, 14 witnessed net outflows during the month under review.

Equity MFs record Rs 18,529-cr inflow in May

Equity MFs record Rs 18,529-cr inflow in May

Rediff.com9 Jun 2022

Undeterred by the stock market volatility, uncertainty due to the Ukraine-Russia war and high inflation, equity mutual funds continue to remain attractive choice for investors for the 15th straight month, registering a net inflow of Rs 18,529 crore in May on robust SIP numbers. This was higher than Rs 15,890 crore net inflow in April, data from the Association of Mutual Funds in India (AMFI) showed on Thursday. Equity schemes have been witnessing net inflow since March 2021, highlighting the positive sentiment among investors.

'All my stocks are crashing. Hold them?'

'All my stocks are crashing. Hold them?'

Rediff.com3 Mar 2022

Ajit Mishra, vice president, research, Religare Broking, answers your queries.

Analysts Bullish On Mid, Small-Cap Stocks

Analysts Bullish On Mid, Small-Cap Stocks

Rediff.com24 Feb 2022

A lot of mid and small-caps are in the bubble zone and command high valuation and have corrected sharply.

ASK AJIT: Advice For Long Term Investors

ASK AJIT: Advice For Long Term Investors

Rediff.com20 Jan 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Jio-bp, Mahindra sign MoU for EV

Jio-bp, Mahindra sign MoU for EV

Rediff.com8 Dec 2021

A joint venture of Reliance Industries Ltd and BP of the UK on Wednesday said it has signed an agreement with the Mahindra Group to explore EV and low-carbon solutions, including battery swapping technology options, for electric 3-wheelers. Besides exploring creation of EV products and services, the non-binding MoU signed by Reliance BP Mobility Limited (RBML) and Mahindra Group would look for identifying synergies in low-carbon and conventional fuels, the company said in a statement. "The MoU also covers evaluating charging solutions by Jio-bp for Mahindra vehicles including electric 3 and 4 wheelers, quadricycles and e-SCV (Small Commercial Vehicles - sub 4 ton)," it said.

'Demand for sex trafficking is everywhere'

'Demand for sex trafficking is everywhere'

Rediff.com10 Apr 2023

'Children should be told that if they receive porn on their phones they should inform their parents or teachers who should in turn contact cyber crime.'