News for 'Performance Management Division'

Mewar's Royal Vs Royal Battle Continues

Mewar's Royal Vs Royal Battle Continues

Rediff.com27 Nov 2024

Mahendra Singh, whose death has convulsed the Mewar royal family's succession issues, was himself excluded from the family trust by his father who gave control to the younger son, Arvind Singh. It is this decision that years later has cast a shadow on Vishvaraj Singh's coronation, reports Prakash Bhandari.

'Direct Transfer Of Money Is Bribing Voters'

'Direct Transfer Of Money Is Bribing Voters'

Rediff.com26 Nov 2024

'For politicians, winning the next election has become more important than economic stability of the country and broader national interest.'

Football PIX: Big wins for Barcelona, Bayern Munich

Football PIX: Big wins for Barcelona, Bayern Munich

Rediff.com16 Jan 2025

Barcelona thrashed Real Betis 5-1 on Wednesday to book their spot in the Copa del Rey quarter-finals.

Paris Olympics: How India's athletes fared on Day 12

Paris Olympics: How India's athletes fared on Day 12

Rediff.com8 Aug 2024

Check out how India's athletes fared on Day 12, Tuesday, August 7, 2024:

Ancelotti unfazed despite Real Madrid disastrous start to La Liga season

Ancelotti unfazed despite Real Madrid disastrous start to La Liga season

Rediff.com31 Aug 2024

Real Madrid manager Carlo Ancelotti said on Saturday he is happy with how new signing Kylian Mbappe is settling into life with the Spanish soccer giants and he has no concerns about his team's slow start to the LaLiga season.

Growth gains, dividend yield to support ITC stock

Growth gains, dividend yield to support ITC stock

Rediff.com21 Dec 2023

ITC highlighted that legal cigarettes account for 9 per cent of tobacco consumption in India, but 80 per cent of tax collection is from tobacco products. While illicit cigarettes account for roughly one-third of the market share, legal cigarette volumes have recovered to around 96 per cent of peak FY13 volumes, after dipping to 70 per cent in FY21.

'Washi Is A Superb Batter'

'Washi Is A Superb Batter'

Rediff.com11 Nov 2024

'The world is yet to watch him, show his prowess as a batter, but given the chance he will do a great job.'

PV inventory surges even as auto retail sales rise

PV inventory surges even as auto retail sales rise

Rediff.com6 Aug 2024

Automobile (auto) retail sales in India grew by an impressive 14 per cent in July compared to the same period last year, driven by a surge in the rural economy, good product availability, and product launches. While passenger vehicles (PVs) saw a 10 per cent increase during this period, inventory levels have surged to a historic high of 67-72 days in PVs, equating to Rs 73,000 crore worth of stock, according to the Federation of Automobile Dealers Associations (Fada). This poses a risk to dealer sustainability. Inventory levels in July 2023 were only 50-55 days, equating to a stock worth Rs 49,833 crore. In June 2024, inventory was between 62 and 67 days, with a stock value of Rs 60,000 crore.

WeWork's exit from India unit unlikely to impact domestic co-working market

WeWork's exit from India unit unlikely to impact domestic co-working market

Rediff.com25 Jun 2024

The exit of WeWork from its India unit is unlikely to have an impact on the country's co-working real estate market, according to industry executives. The company last week received approval from the Competition Commission of India (CCI) to sell its entire 27.5 per cent stake in the India unit to Real Trustee Advisory Company. The majority of the stake (72.5 per cent) in WeWork India is owned by Bengaluru-based Embassy Group.

Any correction in oil marketing companies could be a buying opportunity

Any correction in oil marketing companies could be a buying opportunity

Rediff.com3 Sep 2024

Trends in the global energy markets are crucial if India's growth outlook is to remain healthy. Prices for the Indian crude basket were averaging around $86.2 per barrel through Q1FY25 and then moderated to $84 in July and to $78-79 in August (so far). But global crude supply may outpace weak global demand in the short term.

'Hybrid vehicles are an intermediate solution'

'Hybrid vehicles are an intermediate solution'

Rediff.com26 Sep 2024

'In terms of incentives, if you think about it, hybrids are a 20-year-old technology.'

Was trolled for changing seating position, says CJI

Was trolled for changing seating position, says CJI

Rediff.com23 Mar 2024

Chandrachud said there were several comments on the social media which alleged that the CJI is "so arrogant" that he got up in the midst an important argument in court.

Why Hooda Is Responsible For Congress Defeat

Why Hooda Is Responsible For Congress Defeat

Rediff.com9 Oct 2024

Instead of harvesting the wrath against the BJP and using it to their advantage by opting for a collective form of leadership, the Congress decided once again to bestow their trust in the Hooda family who were given a free hand in the distribution of tickets. This turned out to be the biggest blunder and this faulty selection was the single over riding factor in the Congress defeat, explains Rashme Sehgal.

Top 5 family-owned biz groups see a mixed Q1; net profits up 13.9%

Top 5 family-owned biz groups see a mixed Q1; net profits up 13.9%

Rediff.com1 Sep 2023

April-June 2023 (Q1FY24) was a mixed quarter for India's top family-owned business groups. Three of the big five in terms of revenue reported a year-on-year (Y-o-Y) decline in combined net sales and two saw a Y-o-Y fall in net profits. Combined net sales of all listed companies in the five groups were up just 2.2 per cent Y-o-Y at Rs 6.6 trillion in the quarter, down sharply from the 10.3 per cent in the March 2023 quarter (Q4FY23) and 42.8 per cent in Q1FY23.

Companies Plan Yoga Day Celebration

Companies Plan Yoga Day Celebration

Rediff.com21 Jun 2024

'An in-house contest encourages employees to share yoga and well-being practices with their families.'

'Pakistan Will Want To Use Bangladesh Situation To Its Advantage'

'Pakistan Will Want To Use Bangladesh Situation To Its Advantage'

Rediff.com29 Aug 2024

'Religion and extremism is going to be a big force, a very important force, in Bangladesh's politics.'

Aston Villa sack manager Tim Sherwood

Aston Villa sack manager Tim Sherwood

Rediff.com25 Oct 2015

Aston Villa have sacked manager Tim Sherwood, the Premier League club announced on Sunday.

'Congress Will Collapse Without Gandhis'

'Congress Will Collapse Without Gandhis'

Rediff.com19 Jun 2024

'What matters is policies, not personalities like Priyanka, Rahul or Modi.'

Former Ashes star bowler Harmison becomes football manager

Former Ashes star bowler Harmison becomes football manager

Rediff.com9 Feb 2015

Former cricketer Steve Harmison, who took more than 200 Test wickets for England, has swapped sports to become the new manager of non-League club Ashington, who play in the ninth tier of the English football pyramid.

Should Banks Be Closed On ALL Saturdays?

Should Banks Be Closed On ALL Saturdays?

Rediff.com25 Jul 2023

Currently, banks are closed every second and fourth Saturday of a month. Why shouldn't they be shut every Saturday? When most customers carry their banks in their pocket (the app on the mobile phone), there is no need to keep banks open on Saturdays, argues Tamal Bandyopadhyay.

Asian Games: Double joy for unstoppable Nikhat Zareen

Asian Games: Double joy for unstoppable Nikhat Zareen

Rediff.com29 Sep 2023

Nikhat Zareen secured a Paris Olympics berth and assured herself of a medal as she cantered to the 50kg semi-finals of the Asian Games.

How Reliance managed to stay afloat amid Covid blues

How Reliance managed to stay afloat amid Covid blues

Rediff.com12 Jul 2021

More than a year of Covid-19 has pushed most businesses into gloom but Reliance Industries Ltd (RIL) managed to reduce its gross debt 25 per cent, enabling it to turn towards its next phase of capital expenditure that has come in the form of a Rs 75,000-crore plan for green energy and power storage. The company managed to stay afloat during the pandemic because of its large presence in the consumer-centric businesses of retail and telecommunication (see chart: "A new Reliance"). These two businesses constituted 45 per cent of its EBITDA during FY21 from 36 per cent in FY20.

BFSI segment crucial for the IT sector's performance

BFSI segment crucial for the IT sector's performance

Rediff.com6 Jul 2012

Volume growth and performance of the banking, financial services and insurance (BFSI) division will be a key aspect as the Indian information technology services sector draws closer to announce its first quarter results for 2012-13.

Gyanvapi 'wazookhana' survey: Verdict on October 21

Gyanvapi 'wazookhana' survey: Verdict on October 21

Rediff.com19 Oct 2023

A Varanasi court on Thursday reserved till October 21 its order on a plea seeking inclusion of the Gyanvapi mosque's 'wazookhana' in the ongoing Archaeological Survey of India (ASI) survey of the mosque complex.

'Rahul Gandhi Is Hero Of Election Battle 2024'

'Rahul Gandhi Is Hero Of Election Battle 2024'

Rediff.com6 Jun 2024

'He has emerged as a formidable leader who cannot be ignored anymore, who cannot be mocked.'

'People Call Me Dabang'

'People Call Me Dabang'

Rediff.com11 Jun 2024

'This is the victory of the people of Gujarat who want real development, not the hype of development.'

Titan hits new all-time high; enters Rs 3 trillion market-cap club

Titan hits new all-time high; enters Rs 3 trillion market-cap club

Rediff.com29 Nov 2023

Titan Company on November 21, became the second Tata group firm to join Rs 3 trillion market capitalisation (market cap) club after its shares hit a new high of Rs 3,400, up nearly 2 per cent on the BSE in Tuesday's intra-day trade. At 12:28 PM; with a market cap of Rs 301,847 crore (Rs 3.02 trillion) Titan stood at number 16th position in overall market cap ranking on the BSE listed companies, the exchange data shows. Titan overtook paint company Asian Paints, which has a market cap of Rs 300,579 crore, data shows.

Infy hit by exits of high performers

Infy hit by exits of high performers

Rediff.com24 Jul 2018

Overall attrition jumped to 20.6 per cent in the quarter, a 400 basis points rise over 16.6 per cent in the earlier quarter.

HC orders ASI to conduct 'scientific survey' of MP's Bhojshala in 6 weeks

HC orders ASI to conduct 'scientific survey' of MP's Bhojshala in 6 weeks

Rediff.com11 Mar 2024

Aggrieved by the direction, Dhar city's head cleric Waqar Sadiq said they (Kamal Maula Mosque management committee) will challenge the ruling in the Supreme Court.

Price hikes, lower input costs to aid auto firms' Q1

Price hikes, lower input costs to aid auto firms' Q1

Rediff.com22 Jul 2023

Auto industry volumes have grown by 2.5 per cent overall, led by domestic sales of three-wheelers, two-wheelers and passenger vehicles (PVs) in the first quarter of this financial year. Analysts predict an 18 per cent growth in revenues for automotive original equipment manufacturers (OEMs) and profit growth of 69 per cent year-on-year (YoY). However, on a sequential basis, a decline in revenues as well as earnings before interest, taxes, depreciation, and amortisation (Ebitda) margins is expected.

Swansea reluctantly sack manager Monk after poor run

Swansea reluctantly sack manager Monk after poor run

Rediff.com9 Dec 2015

Swansea City "reluctantly" sacked manager Garry Monk on Wednesday, following a dreadful run which has seen the Welsh club plummet towards the Premier League relegation zone.

HUL's growth checkout: Navigating the low-volume aisle in Q3 FY24

HUL's growth checkout: Navigating the low-volume aisle in Q3 FY24

Rediff.com18 Dec 2023

There is no near-term respite for the country's largest fast-moving consumer goods maker, Hindustan Unilever (HUL), which is facing multiple challenges on the growth front. With demand showing no signs of improvement, especially in the rural segment, the October-December quarter (Q3) of 2023-24 (FY24) is likely to be similar to the previous quarter, with volume growth in the low single digits. The stock, which is down 7 per cent over the past year compared to the 11 per cent jump for the S&P BSE Sensex, could underperform the benchmark in the near term as well.

Has India's 'Bad Bank' Worked Or Not?

Has India's 'Bad Bank' Worked Or Not?

Rediff.com26 Sep 2023

The target was for banks to sell Rs 2 trillion worth of non-performing assets to NARCL, the so-called 'bad bank, by 2021-2022. Only 10 per cent of this has been executed.

Byju's to lay off up to 3,500 employees this fiscal

Byju's to lay off up to 3,500 employees this fiscal

Rediff.com27 Sep 2023

Edtech major Byju's may lay off up to 3,500 employees during the current fiscal as it looks to consolidate teams and enhance regional focus, sources privy to the development said. According to one of the sources, Byju's had "over hired" people at the time of Covid pandemic due to sudden jump in online education, but the demand has now receded, for which the company needs to do course correction. "There has been no retrenchment as of now.

Vishnu Deo Sai takes oath as Chhattisgarh CM

Vishnu Deo Sai takes oath as Chhattisgarh CM

Rediff.com13 Dec 2023

Senior Bharatiya Janata Party leader and the tribal face of the party, Vishnu Deo Sai, on Wednesday took oath as the chief minister of Chhattisgarh, 10 days after the saffron party returned to power after a gap of five years by unseating Congress in the assembly elections.

Will be my funeral procession if..: Maratha activist Jarange

Will be my funeral procession if..: Maratha activist Jarange

Rediff.com14 Oct 2023

Jarange, who was earlier on a hunger strike in the village over his demand for reservation for the Maratha community under the OBC category, had ended his fast on September 14 on the 17th day after Chief Minister Eknath Shinde met him and assured to fulfil his demand.

B-Schools: What recruiters look for

B-Schools: What recruiters look for

Rediff.com19 Oct 2005

CM Baghel among 958 vie for 70 seats in Chhattisgarh's 2nd phase polls

CM Baghel among 958 vie for 70 seats in Chhattisgarh's 2nd phase polls

Rediff.com17 Nov 2023

The ruling Congress, voted to office in 2018 after 15 years in opposition, and the Bharatiya Janata Party are the main contenders for power in the state, where the Aam Aadmi Party, the Bahujan Samaj Party and some regional outfits are also in the fray.

'Ambani, Adani, Tata will move to Dubai if India imposes inheritance tax'

'Ambani, Adani, Tata will move to Dubai if India imposes inheritance tax'

Rediff.com8 May 2024

'Sweden removed the inheritance tax because many of the rich were fleeing. For example, the owner of IKEA had migrated out of Sweden'