News for 'Strong Financial Performance'

Paytm Shifts to Majority Indian Ownership Amidst Rising Investor Confidence

Paytm Shifts to Majority Indian Ownership Amidst Rising Investor Confidence

Rediff.com14 Apr 2026

One 97 Communications Ltd, operating under the Paytm brand, has transitioned to a majority Indian-owned and controlled company, reflecting increased domestic investor confidence and improved financial performance.

Hyundai Motor India's Q4 Profit Declines 22.2% to Rs 1,255.63 Crore

Hyundai Motor India's Q4 Profit Declines 22.2% to Rs 1,255.63 Crore

Rediff.com8 May 2026

Hyundai Motor India Ltd reported a 22.22 per cent decline in consolidated profit after tax to Rs 1,255.63 crore in the March quarter, primarily due to higher expenses, despite an increase in total revenue from operations.

Is Tata Motors Becoming India's EV King?

Is Tata Motors Becoming India's EV King?

Rediff.com3 Jul 2026

Tata Motors expands its market leadership in India's electric passenger vehicle (ePV) segment, capturing 39 per cent of the market in Q1FY27, while simultaneously strengthening its position as the nation's second-largest carmaker amidst fierce competition and rapid market growth.

Godrej Properties to raise Rs 3,000 crore via NCDs

Godrej Properties to raise Rs 3,000 crore via NCDs

Rediff.com5 May 2026

Godrej Properties Limited (GPL) reported its highest-ever quarterly profit of 649.5 crore in Q4 FY26, a 70.13 per cent year-on-year increase, driven by record revenues and bookings. The company aims for over 39,000 crore in residential bookings for FY27 and plans to raise up to 3,000 crore through debt securities.

Investment, Consumption Drive India's FY26 GDP Growth

Investment, Consumption Drive India's FY26 GDP Growth

Rediff.com13 Jun 2026

India's economy in FY26 saw significant momentum from investment demand, with gross fixed capital formation (GFCF) accelerating to 8.2 per cent, while private final consumption expenditure (PFCE) also grew steadily, according to provisional estimates.

The H-1 B Visa and the Fading American Dream

The H-1 B Visa and the Fading American Dream

Rediff.com8 Jul 2026

The H-1B visa once symbolised the American Dream for Indians, but today's students are increasingly asking whether they need America at all. In 1995, the question was: How do I get to America? In 2026, it may be: Do I need to?

Crisil: India's Toll Collection Growth to Ease to 5-7% in FY27

Crisil: India's Toll Collection Growth to Ease to 5-7% in FY27

Rediff.com28 May 2026

India's toll collection growth is projected to moderate to 5-7 per cent year-on-year in FY27, a 150-200 basis points reduction, primarily due to the economic impact of the West Asia conflict and a slowdown in commercial traffic, according to Crisil Ratings.

Indian Pharma Bets Beyond US Generics

Indian Pharma Bets Beyond US Generics

Rediff.com26 Jun 2026

Companies are investing heavily in complex injectables, respiratory therapies and biosimilars to improve margins and diversify portfolios.

'Small-Caps Represent Best Opportunity In India'

'Small-Caps Represent Best Opportunity In India'

Rediff.com16 Jun 2026

'The real money in India over the coming period is likely to be made in small-cap stocks rather than in the large-cap benchmark names.'

57% Americans disapprove of Trump's performance: Poll

57% Americans disapprove of Trump's performance: Poll

Rediff.com5 Mar 2026

A new poll indicates that President Donald Trump's approval rating is suffering as economic anxieties and the rising cost of living weigh heavily on US voters, revealing deep political divides and widespread dissatisfaction with the government.

Court Denies Bail in Rs 117-Crore Money Laundering Case, Cites Threat to Financial Health

Court Denies Bail in Rs 117-Crore Money Laundering Case, Cites Threat to Financial Health

Rediff.com25 Mar 2026

A special court in Mumbai has denied bail to Pune businessman Amit Thepade in a Rs 117-crore money laundering case, citing the serious threat economic offences pose to the country's financial health. The court highlighted substantial evidence linking Thepade to the crime under the Prevention of Money Laundering Act (PMLA).

Bhambri, Nagal Get Financial Aid to Prep for Asian Games, Davis Cup

Bhambri, Nagal Get Financial Aid to Prep for Asian Games, Davis Cup

Rediff.com12 Mar 2026

Yuki Bhambri and Sumit Nagal receive financial assistance to prepare for the 2026 Asian Games and Davis Cup, while Dhakshineswar Suresh joins the Target Asian Games Group.

World Cup 2026 Set to Shatter All-Time Sports Gambling Records

World Cup 2026 Set to Shatter All-Time Sports Gambling Records

Rediff.com25 Jun 2026

World Cup 2026 is on track to become the biggest betting event in history, with global wagers expected to exceed $50 billion as sportsbooks report record-breaking activity driven by the expanded tournament format and growing legal gambling markets.

Nykaa Eyes Majority Stake in Deepika Padukone's Skincare Brand 82E Amidst Slowing Growth

Nykaa Eyes Majority Stake in Deepika Padukone's Skincare Brand 82E Amidst Slowing Growth

Rediff.com6 Apr 2026

Nykaa is reportedly in talks to acquire a majority stake in Deepika Padukone's skincare brand, 82E, following slower-than-expected growth and financial losses. The potential acquisition could provide 82E with access to Nykaa's extensive distribution network and customer base.

Smallcap Schemes Lead Mutual Fund Rally

Smallcap Schemes Lead Mutual Fund Rally

Rediff.com1 Jun 2026

Most actively-managed equity mutual fund schemes outperformed their benchmarks despite volatility across domestic equity markets during the past year.

80 lakh women removed from Maharashtra's Ladki Bahin scheme

80 lakh women removed from Maharashtra's Ladki Bahin scheme

Rediff.com1 Jun 2026

Around 80 lakh women in Maharashtra have been disqualified from the Mukhyamantri Majhi Ladki Bahin scheme after failing to meet the e-KYC deadline, leading to accusations from opposition parties that the state government is reducing beneficiaries due to financial constraints.

India's GDP expands 7.8% in Q4, full year growth hits 7.7%

India's GDP expands 7.8% in Q4, full year growth hits 7.7%

Rediff.com5 Jun 2026

India's economy registered a robust 7.7 per cent growth in the fiscal year 2025-26, an increase from 7.1 per cent in the previous year, with the January-March quarter alone seeing a 7.8 per cent expansion.

Bharat Forge: Diversified Portfolio Fuels Optimistic Growth Projections

Bharat Forge: Diversified Portfolio Fuels Optimistic Growth Projections

Rediff.com17 May 2026

Bharat Forge reported modest Q4FY26 results but provided strong guidance, anticipating significant growth from its defence, aerospace, and data centre segments, with a projected 25 per cent revenue growth in Indian manufacturing for FY27, despite current high valuations.

Temple trusts oppose Maharashtra draft law on devasthan land

Temple trusts oppose Maharashtra draft law on devasthan land

Rediff.com26 May 2026

A state-level 'Temple Land Protection Conference' was held in Mumbai on Monday, during which participants passed a resolution demanding immediate and unconditional withdrawal of the proposed legislation, the Maharashtra Mandir Mahasangh state in a release.

Better execution can push up HAL stock to higher altitude

Better execution can push up HAL stock to higher altitude

Rediff.com27 May 2026

Despite a disappointing Q4 FY26 performance, many analysts remain bullish on Hindustan Aeronautics (HAL) due to its substantial order book and pipeline. However, persistent supply chain issues, particularly for jet engines, and execution challenges are key factors that could impact its future stock performance and revenue growth.

Trump by his side, Modi raises Indian sailors' deaths at G7

Trump by his side, Modi raises Indian sailors' deaths at G7

Rediff.com17 Jun 2026

Modi's comments on underlining the importance of ensuring the safety of seafarers came against the backdrop of growing anger in India over the killing of the three Indian crew members in a US military attack on a merchant ship off the coast of Oman last week.

LIC reports robust 23% jump in Q4 net profit to Rs 23,420 crore

LIC reports robust 23% jump in Q4 net profit to Rs 23,420 crore

Rediff.com21 May 2026

Life Insurance Corporation of India (LIC) announced a significant 23 per cent increase in its net profit for the March quarter, reaching Rs 23,420 crore, alongside a rise in total income and premium collections.

Yes Bank's Q4 net profit jumps 45%, signalling end of recovery phase

Yes Bank's Q4 net profit jumps 45%, signalling end of recovery phase

Rediff.com18 Apr 2026

Private sector lender Yes Bank reported a 45 per cent increase in its March quarter net profit to Rs 1,068 crore, with its new managing director and CEO, Vinay M. Tonse, signalling the end of its over six-year-long recovery phase and a readiness to align loan growth with the broader banking sector.

RBI surplus transfer to govt hits a new high of Rs 2.87 trn

RBI surplus transfer to govt hits a new high of Rs 2.87 trn

Rediff.com24 May 2026

The Reserve Bank of India (RBI) has announced a record surplus transfer of Rs 2.87 trillion to the central government for FY26, driven by increased income and an expanded balance sheet, despite a reduction in the contingent risk buffer (CRB) to 6.5 per cent.

Nestle India shares jump over 7% as Q4 FY26 net profit rises 27.18%

Nestle India shares jump over 7% as Q4 FY26 net profit rises 27.18%

Rediff.com21 Apr 2026

FMCG major Nestle India reported a significant 27.18 per cent increase in consolidated net profit for the March quarter of FY26, reaching Rs 1,110.9 crore, driven by record domestic sales and a substantial boost in advertising investments, leading to a more than 7 per cent surge in its share price.

Why Investors Are Exiting Gold

Why Investors Are Exiting Gold

Rediff.com18 Jun 2026

The case for long-term investment in gold, however, remains intact.

Five listed Reits distributed over Rs 2,500 crore in Q4FY26

Five listed Reits distributed over Rs 2,500 crore in Q4FY26

Rediff.com26 May 2026

India's five publicly listed Real Estate Investment Trusts (REITs) collectively distributed more than Rs 2,566 crore to over 425,000 unitholders in Q4FY26, with a cumulative distribution exceeding Rs 8,900 crore for the full fiscal year.

Where Are India's Rich Investing Money?

Where Are India's Rich Investing Money?

Rediff.com18 Jun 2026

As the rupee weakens, wealthy families are accelerating investments in global assets.

India records $7.1 billion current account surplus in Q4 FY26

India records $7.1 billion current account surplus in Q4 FY26

Rediff.com8 Jun 2026

India achieved a current account surplus of USD 7.1 billion, or 0.7 per cent of GDP, in the January-March quarter of 2025-26, primarily boosted by robust services exports and increased remittances from overseas Indians, according to recent Reserve Bank of India data.

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Rediff.com21 May 2026

Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.

Inside GSB Cuisine Queen Komal Prabhu's Kitchen

Inside GSB Cuisine Queen Komal Prabhu's Kitchen

Rediff.com29 Jun 2026

Discover the inspiring journey of Komal Prabhu, called the Queen of GSB Cuisine, that saw her switch professions -- a Bharata Natyam dancer became a celebrated chef devoted to preserving traditional Gaud Saraswat Brahmin food traditions.

V D Satheesan: Opposition Firebrand to Kerala CM

V D Satheesan: Opposition Firebrand to Kerala CM

Rediff.com14 May 2026

V D Satheesan, a 61-year-old lawyer-turned-politician, has emerged as a prominent figure in Kerala politics, known for his aggressive opposition to the Left government and his role in revitalising the Congress party. His journey from student politics to a key leadership position highlights his strategic acumen and dedication to addressing local issues.

Why Is RBI Buying Billions Of Dollars?

Why Is RBI Buying Billions Of Dollars?

Rediff.com19 Jun 2026

The rupee has been among the The RBI uses the Iran-US peace deal to bolster its forex reserves.

Maruti Suzuki's mini-car sales jump 147% in April-May as production eases

Maruti Suzuki's mini-car sales jump 147% in April-May as production eases

Rediff.com2 Jun 2026

Maruti Suzuki India reported a significant 147 per cent year-on-year increase in mini-car sales (Alto and S-Presso) during April-May 2026, reaching 32,341 units, driven by eased production constraints and a surge in demand for CNG vehicles amidst rising fuel prices.

Higher input costs, price hikes may play spoilsport for HUL

Higher input costs, price hikes may play spoilsport for HUL

Rediff.com12 May 2026

Hindustan Unilever (HUL) exceeded consensus estimates in Q4FY26, driven by lower overheads and 6 per cent consolidated volume growth. However, the company anticipates further price hikes to counter an expected 8-10 per cent material cost inflation, while maintaining a mid-term margin guidance of 22.5-23.5 per cent.

Indian Equities Rally: Banks Lead as Global Trends Boost Market Sentiment

Indian Equities Rally: Banks Lead as Global Trends Boost Market Sentiment

Rediff.com22 May 2026

Indian stock market benchmark indices closed higher, driven by strong performance in blue-chip bank shares and a positive trend in global markets, with hopes of progress in US-Iran peace negotiations also contributing to optimism.

Medical Tourism Revenues Grow Despite Conflicts

Medical Tourism Revenues Grow Despite Conflicts

Rediff.com26 May 2026

While the West Asia conflict has led to a drop in patient footfalls, hospitals are seeing higher realisations as international patients increasingly travel for complex, high-end procedures.

UN cuts India's 2026 GDP forecast to 6.4%, cites global uncertainties

UN cuts India's 2026 GDP forecast to 6.4%, cites global uncertainties

Rediff.com20 May 2026

The United Nations has revised downward India's economic growth forecast for 2026 to 6.4 per cent from an earlier 6.6 per cent, attributing the change to global uncertainties and economic shocks stemming from the ongoing West Asia crisis.

M&M in high gear on SUV growth, product pipeline; analysts bullish despite margin pressure

M&M in high gear on SUV growth, product pipeline; analysts bullish despite margin pressure

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is largely bullish among analysts following its Q4FY26 results, driven by strong SUV demand, a robust product pipeline, and improving growth visibility across segments, despite near-term margin pressures from rising commodity costs and potential weakness in the tractor cycle.

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Rediff.com18 May 2026

Jewellery majors Titan Company and Kalyan Jewellers reported robust Q4 FY26 results, with Titan's consolidated revenue surging 81 per cent year-on-year, largely propelled by a sixfold increase in bullion and digital gold sales. Despite strong top-line growth, Titan's gross and operating profit margins faced pressure due to the higher share of lower-margin gold products and increased marketing expenditure.