News for 'Retail business'

Cong's Manish Tewari brings bill to free MPs from party whips

Cong's Manish Tewari brings bill to free MPs from party whips

Rediff.com7 Dec 2025

Congress MP Manish Tewari has introduced a bill in Lok Sabha that seeks to allow parliamentarians to take an independent line in voting on bills and motions other than those affecting the government's stability in a bid to free them from "whip-driven tyranny" and promote "good lawmaking".

Automobile retail sales up 5% in June; PVs, two-wheelers see growth

Automobile retail sales up 5% in June; PVs, two-wheelers see growth

Rediff.com7 Jul 2025

Automobile retail sales in India rose around 5 per cent year-on-year in June with all vehicle segments, including passenger vehicles and two-wheelers, witnessing growth, Federation of Automotive Dealers Associations (FADA) said on Monday.

Andhra all set for huge investments from Adani Group, Reliance

Andhra all set for huge investments from Adani Group, Reliance

Rediff.com15 Nov 2025

Adani Group said on Friday it will invest around Rs 1 trillion in various sectors of Andhra Pradesh over the next ten years, deepening its commitment in the state where it will partner with Google for an artificial intelligence (AI) hub in Visakhapatnam.

Improving asset quality, healthy loan growth positives for ICICI Bank

Improving asset quality, healthy loan growth positives for ICICI Bank

Rediff.com28 Oct 2025

ICICI Bank delivered satisfactory results in the second quarter of 2025-26 (Q2FY26), sustaining return on assets (RoA) of around 2.3-2.4 per cent and improving asset quality. Provisions declined 26 per cent year-on-year (Y-o-Y) and 50 per cent quarter-on-quarter (Q-o-Q).

At Rs 506 trillion, derivatives turnover hit 12-month high in October

At Rs 506 trillion, derivatives turnover hit 12-month high in October

Rediff.com13 Nov 2025

The average daily turnover (ADTV) in the derivatives market rose to a 12-month high in October, touching 506 trillion - up nearly 46 per cent since June - as volatility picked up and concerns over further regulatory tightening eased. Derivatives activity had slumped earlier this year after the Securities and Exchange Board of India (Sebi) capped weekly expiries to two days and discontinued weekly contracts on non-benchmark indices.

IPO Boom Faces Reality Check Amid Market Volatility

IPO Boom Faces Reality Check Amid Market Volatility

Rediff.com28 Oct 2025

More than a third of 83 mainboard IPOs this year ended their debut sessions in the red, with losses of up to 35 per cent.

As algo trading rises, Sebi chief urges stronger risk controls

As algo trading rises, Sebi chief urges stronger risk controls

Rediff.com12 Nov 2025

The rise of algorithmic and high-frequency trading brings efficiency but also demands robust risk controls, real-time monitoring and compliance safeguards, Securities and Exchange Board of India Chairman Tuhin Kanta Pandey told the Morningstar Investment Conference India 2025.

112,000 Tech Jobs Have Vanished In 2025 So Far

112,000 Tech Jobs Have Vanished In 2025 So Far

Rediff.com24 Nov 2025

...compared with 153,000 in all of 2024.

Groww sets IPO price band at Rs 95-100/share; eyes a valuation of $7 bn

Groww sets IPO price band at Rs 95-100/share; eyes a valuation of $7 bn

Rediff.com30 Oct 2025

Billionbrains Garage Ventures, the parent company of stock broking firm Groww, on Thursday fixed a price band of Rs 95-100 per share for its upcoming Initial Public Offering (IPO), targeting a valuation of over Rs 61,700 crore (about $7 billion). The company's Rs 6,632 crore IPO would open for public subscription on November 4 and conclude on November 7, according to a public announcement.

Reliance Q3 net rises 7.4% on rebound in retail, higher telecom earnings

Reliance Q3 net rises 7.4% on rebound in retail, higher telecom earnings

Rediff.com16 Jan 2025

Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose. Its consolidated net profit of Rs 18,540 crore, or Rs 13.70 per share, in October-December - the third quarter of April 2024 to March 2025 fiscal (FY25) - compared to Rs 17,265 crore, or Rs 12.76 a share, in the same period a year back, according to a stock exchange filing by the company.

Bajaj Auto posts highest ever quarterly revenue and PAT

Bajaj Auto posts highest ever quarterly revenue and PAT

Rediff.com8 Nov 2025

Pune-based two-wheeler major Bajaj Auto posted its highest ever quarterly revenue and profit after tax (PAT) in Q2FY26. Even as consolidated revenues were up 18.8 per cent year-on-year (Y-o-Y) to Rs 15,734.7 crore, PAT zoomed 53.2 per cent to Rs 2,122 crore.

'A Big Chunk Of India's Office Workers Will End Up Becoming Part Of The Gig Economy'

'A Big Chunk Of India's Office Workers Will End Up Becoming Part Of The Gig Economy'

Rediff.com3 Dec 2025

'More and more people from the middle class will become self-employed gig workers mostly working from home, rather than as office workers with salary, promotion, bonuses, etc.'

Carmakers post record sales in Oct driven by GST rate cut

Carmakers post record sales in Oct driven by GST rate cut

Rediff.com1 Nov 2025

Top carmakers led by Maruti Suzuki, Mahindra & Mahindra, Tata Motors Passenger Vehicles and Kia India on Saturday reported record sales in the domestic market riding on festive demand boosted by GST rate cut. Other manufacturers such as Skoda Auto India and Toyota Kirloskar Motor also posted impressive growth in sales in October.

'Banks Need To Reinvent Themselves'

'Banks Need To Reinvent Themselves'

Rediff.com3 Nov 2025

'Reinvention is not a hugely difficult task. With technology as available today, you can reinvent yourself pretty quickly.'

H-1B Visa: Why Nvidia Will Pay $100,000 For Talent

H-1B Visa: Why Nvidia Will Pay $100,000 For Talent

Rediff.com9 Oct 2025

'As one of many immigrants at Nvidia, I know the opportunities we've found in America have profoundly shaped our lives.'

CBSE announces dates for Class X, XII board exams

CBSE announces dates for Class X, XII board exams

Rediff.com30 Oct 2025

The Central Board of Secondary Education (CBSE) will conduct class 10 and 12 board exams from February 17, 2026. The board has released the final datesheet nearly 110 days in advance.

Electric PV sales more than double in September; Tata Motors leads

Electric PV sales more than double in September; Tata Motors leads

Rediff.com9 Oct 2025

Electric passenger vehicle (PV) retail sales jumped more than twofold in September with Tata Motors (TaMo) leading the pack having over 6,000 registrations and a 40 per cent market share.

Auto retail sales dip 4% YoY in July; PVs, two-wheelers see drop in registrations

Auto retail sales dip 4% YoY in July; PVs, two-wheelers see drop in registrations

Rediff.com7 Aug 2025

Domestic automobile retail sales declined 4 per cent year-on-year in July amid drop in demand for passenger vehicles and two-wheelers, dealers' body FADA said on Thursday. Overall registrations dropped to 19,64,213 units last month, as compared to 20,52,759 units in July 2024.

'GST 2.0 Boost For Insurance Industry'

'GST 2.0 Boost For Insurance Industry'

Rediff.com25 Oct 2025

'It will support our growth aspirations. It's very positive as it helps expand the market in a segment that really needs it.'

Mukesh Ambani promises to pass on GST relief to consumers

Mukesh Ambani promises to pass on GST relief to consumers

Rediff.com4 Sep 2025

Billionaire Mukesh Ambani on Thursday termed the second-generation GST reforms as a big booster to consumption-driven growth while his firm promised to pass on the benefit of the cut in tax rates to consumers.

Sebi chief slams repeated outages at exchanges

Sebi chief slams repeated outages at exchanges

Rediff.com4 Nov 2025

Days after an outage at MCX, Sebi chairman Tuhin Kanta Pandey on Tuesday expressed his displeasure over "repeated" instances of breakdowns at exchanges.

Yamaha Gears Up for India's E2W Race With 2 Models

Yamaha Gears Up for India's E2W Race With 2 Models

Rediff.com14 Nov 2025

Yamaha expects its first EVs to hit showrooms by the last quarter of FY26 (January - March), once network readiness is complete.

'Some IPOs Underperformed Due To...'

'Some IPOs Underperformed Due To...'

Rediff.com6 Nov 2025

'...aggressive pricing amid volatility, but these are exceptions.'

FMCG cos indicate mid single-digit revenue growth in Q2

FMCG cos indicate mid single-digit revenue growth in Q2

Rediff.com16 Oct 2025

Fast-moving consumer goods (FMCG) companies are expected to report mid-single-digit revenue growth in the July-September 2025-26 quarter, according to their quarterly updates. Most companies also noted that supply chains were focused on liquidating existing stock ahead of the implementation of new goods and services tax (GST) rates in categories where the tax was lowered.

Road Ahead For Nepal Not An Easy One

Road Ahead For Nepal Not An Easy One

Rediff.com23 Sep 2025

The GenZ violence that engulfed Nepal is not only against nepo-babies -- its anger is broader and riddled with contradictions, making it difficult for interim PM Sushila Karki, points out Aditi Phadnis.

Passenger vehicle retail sales dip 3% in May as demand softens: FADA

Passenger vehicle retail sales dip 3% in May as demand softens: FADA

Rediff.com6 Jun 2025

Passenger vehicle retail sales witnessed 3 per cent on-year decline in May with customers delaying purchases in several states due to India-Pakistan conflict and further softening of demand for entry-level models, dealers' body FADA said on Friday. The passenger vehicle registrations last month stood at 302,214 units, as compared to 311,908 units in May 2024.

Tech Mahindra profit down 4.5%, sees limited impact from H-1B visa fees

Tech Mahindra profit down 4.5%, sees limited impact from H-1B visa fees

Rediff.com15 Oct 2025

Tech Mahindra's net profit declined 4.5 per cent to 1,195 crore in the September quarter over a year earlier. It was, however, slightly higher than 1,141 crore sequentially.

Most retail businesses reopen in TN after 47 days

Most retail businesses reopen in TN after 47 days

Rediff.com11 May 2020

As a result, vehicular traffic and movement of people on roads saw a consequential increase in most parts of the state including rural regions, the State capital and key cities like Coimbatore, Madurai, and Tiruchirappalli.

Sensex pares gains; ends up 411 points

Sensex pares gains; ends up 411 points

Rediff.com20 Oct 2025

From the Sensex firms, Reliance Industries climbed 3.52 per cent after the firm on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment. Bajaj Finserv, Axis Bank, State Bank of India, Tata Consultancy Services, Titan and Bharti Airtel were also among the gainers. However, ICICI Bank, Mahindra & Mahindra, Eternal, Adani Ports and Power Grid were among the laggards.

Recent RBI policies to help banks stay at equilibrium: Kamath

Recent RBI policies to help banks stay at equilibrium: Kamath

Rediff.com17 Oct 2025

The recent policies that have been announced by the Reserve Bank of India (RBI) will allow banks to fully use its capital, funding profile to keep business at an equilibrium level, which otherwise was getting skewed towards retail, said K V Kamath, chairman, Jio Financial Services.

Jaguar Land Rover gets UK govt loan guarantee after cyber-attack

Jaguar Land Rover gets UK govt loan guarantee after cyber-attack

Rediff.com28 Sep 2025

The UK government on Sunday announced that it will support "iconic British brand" Jaguar Land Rover (JLR) with a loan guarantee of up to 1.5 billion pounds to give certainty to the Tata Motors owned carmaker's supply chain following a devastating cyber-attack. The loan will come from a commercial bank, backed by the Department for Business and Trade's (DBT) Export Development Guarantee (EDG), provided by export credit agency UK Export Finance, to be paid back over five years.

'We Have Become The Largest Eyewear Brand In Asia'

'We Have Become The Largest Eyewear Brand In Asia'

Rediff.com5 Nov 2025

'India needs at least 70,000 to 80,000 eyewear stores; our 2,000 stores are just a drop in the ocean.'

Lenskart eyeing mega expansion as it readies for IPO

Lenskart eyeing mega expansion as it readies for IPO

Rediff.com15 Oct 2025

Eyewear retailer Lenskart plans to add 450 stores in the current financial year, its fastest expansion in three years, as the company prepares for a public listing that could value it at up to $10 billion. The addition would take Lenskart's store count to more than 3,150 across 14 countries, representing a 34 per cent rise from the 334 stores opened last year.

Dispute with Biyani-led Future group: Amazon awarded Rs 23.7 cr in damages

Dispute with Biyani-led Future group: Amazon awarded Rs 23.7 cr in damages

Rediff.com30 Jun 2025

The Singapore International Arbitration Centre (SIAC) has awarded Rs 23.7 crore in damages, besides arbitration and litigation costs, to Amazon in its long-running dispute with the Kishore Biyani-led Future Group. The three-member bench of the tribunal held that Future Group had breached the terms of its contract with Amazon by entering into a transaction with Reliance.

'Govt And Banks Want Private Investment To Return In Force'

'Govt And Banks Want Private Investment To Return In Force'

Rediff.com3 Nov 2025

'Corporates now have multiple funding sources beyond banks, and many are sitting on large cash reserves.'

RBS puts India retail business on sale

RBS puts India retail business on sale

Rediff.com27 Feb 2009

The Royal Bank of Scotland (RBS) on Thursday said that it will sell its retail and commercial banking business along with a part of its global banking and markets (GBM) division in India as part of the global restructuring exercise aimed at focusing on core markets such as the United Kingdom, the United States and Ireland.

'For the retail business, the rest of the month is finished'

'For the retail business, the rest of the month is finished'

Rediff.com9 Nov 2016

'My turnover is in crores. I am not going to sit down with IT officials, explaining where I got the notes from.' 'I would rather wait a few days for business to come back to normal.'

GST collection grows at slower pace of 4.6% in October

GST collection grows at slower pace of 4.6% in October

Rediff.com1 Nov 2025

Festive buying spree unleashed by lower tax rates pushed gross GST collection to about Rs 1.96 lakh crore in October, registering a 4.6 per cent year-on-year growth -- the slowest rate so far this fiscal.

Infosys Q2 profit up 13% to Rs 7,364 crore

Infosys Q2 profit up 13% to Rs 7,364 crore

Rediff.com17 Oct 2025

IT company Infosys on Thursday posted 13.2 per cent increase in consolidated net profit at Rs 7,364 crore for the second quarter ended September 30, 2025.

PE inflow in Indian real estate drops 15% in Q2

PE inflow in Indian real estate drops 15% in Q2

Rediff.com11 Oct 2025

Private equity investments in Indian real estate dropped 15 per cent in July-September to USD 819 million amid global uncertainties, according to property consultant Anarock.