News for 'Services Sector Growth Hits'

Why India's banks are staring at a bleak future

Why India's banks are staring at a bleak future

Rediff.com3 May 2017

The continuing stress faced by corporate India has weakened their debt-servicing capability and this is reflected in the banks' books, as yet-burgeoning bad loans.

Can India sustain Rs 1-trillion monthly GST collection?

Can India sustain Rs 1-trillion monthly GST collection?

Rediff.com4 Dec 2020

Experts warn of over-interpreting the numbers and said their sustainability needed to be watched beyond November, says Indivjal Dhasmana.

Why Infosys ranks higher with analysts than TCS

Why Infosys ranks higher with analysts than TCS

Rediff.com17 Oct 2016

Possibility of higher growth and relatively cheaper valuations makes Street more positive on Infosys, says Sheetal Agarwal.

Sensex, Nifty snap three-day rally on global selloff

Sensex, Nifty snap three-day rally on global selloff

Rediff.com20 Nov 2018

Reflecting the bearish mood, all sectoral indices, led by metal, teck and healthcare, ended in the negative zone.

Better days are ahead for Indian investors

Better days are ahead for Indian investors

Rediff.com12 Sep 2016

A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.

Deepak Parekh: The man with a penchant for doing things right

Deepak Parekh: The man with a penchant for doing things right

Rediff.com18 Mar 2015

Parekh ensures that he never forgets the importance of correctness.

Late buying lifts Sensex, exit polls take centrestage

Late buying lifts Sensex, exit polls take centrestage

Rediff.com14 Dec 2017

The 50-issue NSE Nifty in range-bound movements settled higher by 59.15 points, or 0.58 per cent, at 10,252.10.

Take heart, all is NOT wrong with the economy

Take heart, all is NOT wrong with the economy

Rediff.com24 Oct 2017

Inflation is down, growth is headed for recovery. RIL and subsidiary Jio are on an upswing. However, stressed loans and impending job losses are the dark clouds, says Devangshu Datta.

6 more airports to be auctioned under PPP model: FM

6 more airports to be auctioned under PPP model: FM

Rediff.com16 May 2020

These airports are those at Amritsar, Varanasi, Bhubaneswar, Indore, Raipur and Trichy.

Dewan Housing makes Rs 962 cr payment, to seek ratings upgrade

Dewan Housing makes Rs 962 cr payment, to seek ratings upgrade

Rediff.com11 Jun 2019

This payment of Rs 962 crore is inclusive of the Rs 500 crore DHFL received from exiting its entire stake in subsidiary firm Aadhar Housing Finance Ltd.

What govt can do with Rs 176,000 cr transfer from RBI

What govt can do with Rs 176,000 cr transfer from RBI

Rediff.com27 Aug 2019

The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.

Dull Diwali sales lead to unsold cars piling up with dealers

Dull Diwali sales lead to unsold cars piling up with dealers

Rediff.com16 Nov 2018

While two-wheeler sales are down 15 per cent year-on-year, passenger vehicles sales are lower by 5-7 per cent.

Automation is not bad, since skills that are required are not available

Automation is not bad, since skills that are required are not available

Rediff.com18 Apr 2015

The talent gap in the industry is huge, says N Chandrasekaran, MD & CEO, TCS.

FULL TEXT: President's address to nation on I Day eve

FULL TEXT: President's address to nation on I Day eve

Rediff.com14 Aug 2020

From India's fight against COVID-19 to China face-off, Kovind spoke on several issues during the televised address.

'Under him, the RBI delivered strong, timely, and decisive policy initiatives'

'Under him, the RBI delivered strong, timely, and decisive policy initiatives'

Rediff.com2 Jan 2021

Economists praise Das for his pragmatism and willingness to face challenges head on. And in doing so with the finesse of an able administrator.

Fewer jobs, flat salary blues for techies in campus hiring

Fewer jobs, flat salary blues for techies in campus hiring

Rediff.com19 Oct 2016

'Over the next two to three years, hiring will come down further.' 'You will see the industry intake of freshers go down to 150,000 from the current 200,000.'

Trai-ing times dawn for TV viewers

Trai-ing times dawn for TV viewers

Rediff.com1 Feb 2019

Trai's regulatory intervention was supposed to stimulate the market, but the latest order seems quite on the contrary, asks Nivedita Mookerji.

Mr Jaitley, we expect a 'positive' Budget from you

Mr Jaitley, we expect a 'positive' Budget from you

Rediff.com24 Feb 2016

The new Budget would do well to fill up the gaps and pave a strong way forward to ensure that the optimism surrounding it is not short-lived.

Sensex soars 500 points; Nifty at 11-month high

Sensex soars 500 points; Nifty at 11-month high

Rediff.com11 Jul 2016

Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.

A load too heavy for the Indian Railways

A load too heavy for the Indian Railways

Rediff.com24 Aug 2016

Indian Railway's sustenance, freight traffic, - which accounts for about 70 per cent of its revenue - has been plateauing of late.

India's e-commerce startup losses rise to Rs 78,840,000,000!

India's e-commerce startup losses rise to Rs 78,840,000,000!

Rediff.com11 Feb 2016

Higher advertising spends to grab customer eyeballs take a toll on startups across segments

'If you are a long-term investor, this is not the time to add risk'

'If you are a long-term investor, this is not the time to add risk'

Rediff.com1 Oct 2017

Sanjay Mookim, India equity strategist at Bank of America Merrill Lynch, tells Puneet Wadhwa that this is not a time for investors to dabble in relatively small and illiquid stocks.

PNB scam + NPAs = Long-term bear market?

PNB scam + NPAs = Long-term bear market?

Rediff.com6 Mar 2018

'Retail investors have been selling since the Budget and Foreign Portfolio Investors started selling.' 'Thus far, domestic institutions have picked up the slack, buying enough to keep the major indices from falling off a cliff.' 'However, there has been carnage in smaller stocks and the financial sector has been hit much harder than the major market indices,' points out Devangshu Datta.

'Indian IT firms to see marginal impact of Greek crisis'

'Indian IT firms to see marginal impact of Greek crisis'

Rediff.com1 Jul 2015

Greece's financial crisis has intensified.

Stocks that can offer you good returns

Stocks that can offer you good returns

Rediff.com27 Jun 2016

Analysts mostly prefer domestic plays beside select films with foreign exposure.

Markets consolidate gains in choppy trade

Markets consolidate gains in choppy trade

Rediff.com6 Apr 2018

In the Sensex pack, ICICI Bank emerged as the top gainer by rising 0.97 per cent, while Tata Steel advanced 0.92 per cent.

RBI move makes India Inc see red

RBI move makes India Inc see red

Rediff.com25 Jul 2013

Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones

'Our partnership with BharatPe is firm and good'

'Our partnership with BharatPe is firm and good'

Rediff.com8 Feb 2022

'Banking is a business of trust.'

RBI rate hike: Stocks, rupee will fall

RBI rate hike: Stocks, rupee will fall

Rediff.com28 Jan 2014

The Reserve Bank of India unexpectedly raised its policy interest rate on Tuesday by 25 basis points (bps) but said that if consumer price inflation eases as projected, it does not foresee further near-term tightening.

How demonetisation affects India Inc

How demonetisation affects India Inc

Rediff.com10 Nov 2016

The move to ban Rs 500 and 1000 notes may not curb the root cause of black money.

'FDI policy should be seen in light of Make in India'

'FDI policy should be seen in light of Make in India'

Rediff.com15 Jul 2016

With EU, it is part of the FTA that we will need to negotiate.

Registration of 1,490 NBFCs cancelled

Registration of 1,490 NBFCs cancelled

Rediff.com8 Jan 2019

Kolkata tops the list with 617 cancellations, New Delhi stands second with 203, followed by Mumbai at 190.

Trump impact: Net worth of India's tech billionaires eroded

Trump impact: Net worth of India's tech billionaires eroded

Rediff.com13 Apr 2017

IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.

Why Dalal Street can't respond to Modi's 'invest more' call

Why Dalal Street can't respond to Modi's 'invest more' call

Rediff.com15 Sep 2015

The rise in India Inc's market value was led by asset-light firms.

Cash crunch shadow on Sensex earnings

Cash crunch shadow on Sensex earnings

Rediff.com22 Nov 2016

Cash crunch shadow on Sensex earnings

Auto makers seek clarity on taxation

Auto makers seek clarity on taxation

Rediff.com23 Feb 2015

Govt may not announce any new concessions in excise duty

The H-1B visa blows keep coming

The H-1B visa blows keep coming

Rediff.com6 Apr 2017

Amid headwinds across global markets, US issues fresh restrictions on H-1B visas. Ayan Pramanik & Raghu Krishnan list out the many ways in which this impacts the Indian IT industry.

It's status quo! Key takeaways from RBI rate review

It's status quo! Key takeaways from RBI rate review

Rediff.com7 Jun 2017

Headed by Urjit Patel, MPC for the fourth straight time kept the repo rate unchanged, at which it lends to the banks, at 6.25 per cent. The reverse repo, at which RBI borrows, will be 6 per cent.

Sensex above 29,000 after 17 months, rises 119 points

Sensex above 29,000 after 17 months, rises 119 points

Rediff.com8 Sep 2016

Tracking gains in bluechip stocks, investors were also seen building up position in broader markets, lifting the small-cap and mid-cap indices by 0.83 and 0.15 per cent

Sensex races past 36k-mark as earnings take centre stage

Sensex races past 36k-mark as earnings take centre stage

Rediff.com10 Jul 2018

The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.