News for 'Rediff Money'

Prasanna Bisht: 'I Was Ready To Pack My Bags And Leave Mumbai'

Prasanna Bisht: 'I Was Ready To Pack My Bags And Leave Mumbai'

Rediff.com12 Aug 2026

'I was like I can't afford it. I cannot survive in Mumbai, so I will go back to the mountains.' 'But by God's grace, at that very moment, I got Adarsh Baal Vidyalaya, and Mumbai stopped me from leaving.'

Google Asked To Urgently Remove Fake Bank Web Sites

Google Asked To Urgently Remove Fake Bank Web Sites

Rediff.com22 Aug 2026

Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.

Can TCS Survive Chandra's Exit?

Can TCS Survive Chandra's Exit?

Rediff.com24 Aug 2026

N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.

How Cashfree Payments Achieved Significant Loss Reduction And Revenue Growth In FY26

How Cashfree Payments Achieved Significant Loss Reduction And Revenue Growth In FY26

Rediff.com20 Aug 2026

Fintech company Cashfree Payments India Private Limited has significantly reduced its consolidated net losses to Rs 118.5 crore in FY26 from Rs 154 crore in FY25. The firm also saw a substantial revenue growth of over 51 per cent, reaching Rs 967.4 crore. Co-founder & CEO Akash Sinha highlighted achieving EBITDA profitability in March 2026 and outlined plans for full-year profitability in FY27, driven by growth in SMB and cross-border payments.

The Big Boom In Gold Loans

The Big Boom In Gold Loans

Rediff.com22 Aug 2026

Gold loans accounted for 41 per cent of retail loan disbursements in FY26, up sharply from 18 per cent in FY23 and 20 per cent in FY24.

New 'boss' scam to dupe corporate employees busted

New 'boss' scam to dupe corporate employees busted

Rediff.com18 Aug 2026

Ahmedabad Cyber Crime Branch has uncovered a Rs 1.5 crore WhatsApp fraud, leading to the arrest of two key SIM and OTP suppliers in West Bengal. The investigation revealed a sophisticated international cybercrime network spanning China, Pakistan, India, and Hong Kong, operating a "boss scam" and utilizing a "Cybercrime as a Service" model. Police recovered a significant portion of the defrauded amount and secured thousands of devices.

Aditya Birla Capital targets 1,000 gold loan branches in three years

Aditya Birla Capital targets 1,000 gold loan branches in three years

Rediff.com20 Aug 2026

Aditya Birla Capital has entered the gold loan business, aiming to establish 1,000 branches within three years, capitalising on the strong structural growth and surge in demand for gold-backed credit in India.

Why Rs 10,000 Phone Market Has Crashed

Why Rs 10,000 Phone Market Has Crashed

Rediff.com21 Aug 2026

High memory costs have driven average mobile phone prices up by 15 per cent.

'I'm A Pretty Funny Guy In Real Life'

'I'm A Pretty Funny Guy In Real Life'

Rediff.com24 Aug 2026

'I wanted to make an out-and-out entertainer, a film where people could come into the theatre, laugh, have fun, and walk out feeling entertained. That was my thought when I took up Korean Kanakaraju.'

Education Loans: What You Must Know

Education Loans: What You Must Know

Rediff.com31 Jul 2026

Education loan defaults carry serious consequences. Credit bureaus record missed payments against both the student and the co-borrower, usually a parent.

Rediff.com Prepares for Potential IPO

Rediff.com Prepares for Potential IPO

Rediff.com1 Apr 2026

Rediff.com India Ltd, a subsidiary of AvenuesAI Ltd, has filed draft red herring prospectus (DRHP) with SEBI through the confidential pre-filing route, marking an important step towards a potential public listing after its acquisition and strategic shift to an AI-led digital platform.

'FY27 Should Be A Recovery Year For India'

'FY27 Should Be A Recovery Year For India'

Rediff.com19 Aug 2026

'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'

India's Largest Listed Holding Company...

India's Largest Listed Holding Company...

Rediff.com17 Aug 2026

The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.

When A Flight Fails, Airlines Must Respond

When A Flight Fails, Airlines Must Respond

Rediff.com26 Aug 2026

A flight may be cancelled for reasons beyond an airline's control. The chaos that follows need not be, points out Air Commodore Nitin Sathe (retd).

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

Rediff.com24 Aug 2026

A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.

Why Nobody Cares About Building Toilets

Why Nobody Cares About Building Toilets

Rediff.com26 Aug 2026

We raid restaurants for cockroaches but never raid the roadside. Public hygiene runs entirely on faith and fumes. Even after so many years of being a free nation, points out Binu Alex.

Tata Sons Listing: Suspense Continues

Tata Sons Listing: Suspense Continues

Rediff.com21 Aug 2026

Tata Sons approached the RBI in 2024 seeking de-registration after becoming debt-free, a move that would allow it to remain a privately held, unlisted company. The application has remained pending.

Bihar Prohibition Fails To Curb Crime Against Women

Bihar Prohibition Fails To Curb Crime Against Women

Rediff.com17 Aug 2026

'The prohibition regime has been accompanied by concerns regarding the expansion of the illicit liquor trade, increased enforcement challenges and corruption, and the growing use of alternative intoxicants, including illicit drugs.'

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

Rediff.com7 Aug 2026

'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'

Indian Markets Outperform Global Peers in July

Indian Markets Outperform Global Peers in July

Rediff.com1 Aug 2026

The Nifty and Sensex outperformed Asian peers in South Korea, Japan, Taiwan and China.

Mahindra Scorpio Lifestyler 2027 Unveiled: Expected Price & Features!

Mahindra Scorpio Lifestyler 2027 Unveiled: Expected Price & Features!

Rediff.com20 Aug 2026

Upcoming Mahindra Scorpio Lifestyler 2027: Expected Price & Features!

AI drives demand for flexible office spaces as firms seek agility

AI drives demand for flexible office spaces as firms seek agility

Rediff.com21 Aug 2026

Artificial intelligence (AI) is significantly increasing the demand for flexible office spaces in India, as enterprises prioritise agility, speed-to-market, and struggle with forecasting workforce requirements. AI-native startups are a primary driver, while established companies are adopting 'core-plus-flex' strategies to balance stability with adaptability.

One In 10 Staff At California Unicorns Works In India

One In 10 Staff At California Unicorns Works In India

Rediff.com18 Aug 2026

One in 10 employees at California-headquartered technology unicorns now work from India, surpassing other major US tech hubs and several countries, driven by US visa restrictions and substantial cost savings.

SC cracks down on cyber fraud, orders RBI SOP on mule accounts

SC cracks down on cyber fraud, orders RBI SOP on mule accounts

Rediff.com5 Aug 2026

The Supreme Court has directed the Reserve Bank of India to prepare a standard operating procedure (SOP) within four weeks to deal with bank accounts linked to cyber frauds, including mule accounts. This directive is part of a broader effort to strengthen responses to cyber-enabled financial frauds, with the court also urging states and UTs to adopt and operationalise grievance redressal and money restoration modules.

'Noel Tata May Want To Appoint Somebody'

'Noel Tata May Want To Appoint Somebody'

Rediff.com20 Aug 2026

'whom he believes in ... or whom he has faith in. But we don't know whether that person will be competent or not. This will lead to a lot of uncertainty in the minds of investors and shareholders of the Tata group companies.'

Indian REITs show resilience, distribute Rs 3,136 crore to unitholders in Q1FY27

Indian REITs show resilience, distribute Rs 3,136 crore to unitholders in Q1FY27

Rediff.com18 Aug 2026

India's six publicly listed Real Estate Investment Trusts (REITs) collectively distributed approximately 3,136 crore to over 485,000 unitholders during the first quarter (April-June) of the current financial year (FY27), demonstrating the sector's resilience despite global uncertainties.

At Home With The Most Famous Indian

At Home With The Most Famous Indian

Rediff.com19 Aug 2026

For 17 years, Mani Bhavan was Gandhi's Bombay home and nerve centre of the freedom movement.

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

Rediff.com2 Aug 2026

Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.

'The Next Chairman Does Not Need To Build Tata'

'The Next Chairman Does Not Need To Build Tata'

Rediff.com14 Aug 2026

'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'

After 10 Years, India May Import Sugar

After 10 Years, India May Import Sugar

Rediff.com20 Aug 2026

India is set to import 1 million tonnes of raw sugar at zero duty after domestic stocks fell sharply and prices surged ahead of the festival season.

Planning To Invest In A House? Check Rental Yield

Planning To Invest In A House? Check Rental Yield

Rediff.com20 Aug 2026

Rental yield can indicate whether a property is undervalued, overvalued or fairly valued.

Is Priyanka Chaturvedi Secretly Negotiating With The BJP? She Says...

Is Priyanka Chaturvedi Secretly Negotiating With The BJP? She Says...

Rediff.com29 Jul 2026

'The made-up stories really angered me. Forget angering me, it actually made me feel, okay, if they want to play this game, let me play along.'

Market Crash: 7 Costly Mistakes to Avoid

Market Crash: 7 Costly Mistakes to Avoid

Rediff.com13 Aug 2026

Understanding the most common mistakes during market downturns can help you protect your investments and stay focused on your long-term financial goals, says Ramalingam Kalirajan

West Asia Crisis May Hit FY27 Fiscal Deficit

West Asia Crisis May Hit FY27 Fiscal Deficit

Rediff.com18 Aug 2026

The fiscal consolidation path and Rs 1 trillion stabilisation fund provide room to absorb mild shocks, but sustained oil-price increases pose risks.

Private Banks Intensify FCNR(B) Push as RBI Swap Window Nears Closure

Private Banks Intensify FCNR(B) Push as RBI Swap Window Nears Closure

Rediff.com19 Aug 2026

Private banks in India are aggressively mobilising Foreign Currency Non-Resident (Bank), or FCNR(B), deposits by raising interest rates and using website countdowns, as the Reserve Bank of India's swap window is set to close on August 31, earlier than initially planned.

FPIs inject Rs 16,621 crore into Indian equities in early August

FPIs inject Rs 16,621 crore into Indian equities in early August

Rediff.com16 Aug 2026

Foreign Portfolio Investors (FPIs) have injected Rs 16,621 crore into Indian equities during the first half of August, continuing a buying spree driven by improving relative valuations, resilient corporate earnings, and expectations of softer US interest rates.

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

Rediff.com3 Aug 2026

'At the end of the day, it is just another technology produced by the human mind.'

Skoda Bets Big On India With CNG, Diesel and EVs

Skoda Bets Big On India With CNG, Diesel and EVs

Rediff.com19 Aug 2026

Skoda Auto is strategically navigating the competitive Indian automotive market by prioritising profitable growth, exploring new powertrain options like CNG and a limited diesel return, and gearing up for a locally produced electric SUV, all while expanding its retail footprint.

Six Companies Set to Launch IPOs, Targetting Rs 5,600 Crore Next Week

Six Companies Set to Launch IPOs, Targetting Rs 5,600 Crore Next Week

Rediff.com16 Aug 2026

Six companies, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart, are poised to collectively raise nearly Rs 5,600 crore through initial public offerings (IPOs) in the upcoming week, adding to the bustling primary market activity.

China's Hydropower Plants: Why India Must Be Concerned

China's Hydropower Plants: Why India Must Be Concerned

Rediff.com17 Aug 2026

It is very unfortunate that China has decided to proceed with the controversial mega hydropower plants(despite the apparent opposition of many scientists in China). Why is Delhi silent about the development? asks Claude Arpi.