News for 'Strong Financial Performance'

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.

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.

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?

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

How Will Midcap Funds Perform In 2026?

How Will Midcap Funds Perform In 2026?

Rediff.com8 Jan 2026

Fund managers advise conservative investors to cap midcap exposure at 10 to 15 per cent of their equity portfolio.

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.

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.

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.

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.

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.

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.

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.

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Rediff.com5 May 2026

Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.

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.

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.

Dabur's robust India biz showing lifts shares

Dabur's robust India biz showing lifts shares

Rediff.com9 May 2026

Dabur India's shares rose 3.7 per cent after reporting in-line Q4FY26 results, driven by a healthy 10 per cent growth in its India business, despite some analysts remaining cautious about future execution.

Why Paytm Shares Soared After Profit Announcement

Why Paytm Shares Soared After Profit Announcement

Rediff.com7 May 2026

Shares of One97 Communications, which operates the Paytm brand, experienced a significant jump after the company reported a consolidated profit for the January-March quarter.

BSNL Taps Samay Raina Buzz

BSNL Taps Samay Raina Buzz

Rediff.com15 Apr 2026

The post, markedly different from its usual X feed -- typically focused on low-cost tariff plans and anti-spam measures -- appears to ride on Samay Raina's popularity.

Same store sales, buyer growth lift jewellery majors in March quarter

Same store sales, buyer growth lift jewellery majors in March quarter

Rediff.com16 Apr 2026

Leading jewellery companies, Titan Company and Kalyan Jewellers India, have reported better-than-expected top-line growth in Q4 FY26, driven by robust same-store sales growth, higher average ticket sizes, and an improvement in buyer growth, signalling a strong recovery in demand.

Pooja Singh Soars To Gold, Breaks High Jump Record

Pooja Singh Soars To Gold, Breaks High Jump Record

Rediff.com29 May 2026

Teenaged high jump star Pooja Singh broke the national senior record en route to winning the gold medal at the Asian U20 Athletics Championships. The 19-year-old cleared 1.93m, bettering Sahana Kumari's 14-year-old record. India secured seven medals, including four gold, on the second day of the competition.

TaMo PV profit slumps 32% on JLR headwinds

TaMo PV profit slumps 32% on JLR headwinds

Rediff.com15 May 2026

Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.

Defence Stocks Soar on Geopolitical Tensions, Indigenisation Push

Defence Stocks Soar on Geopolitical Tensions, Indigenisation Push

Rediff.com14 May 2026

Indian defence stocks have seen an average year-on-year gain of 67 per cent, driven by renewed interest following 'Operation Sindoor' and a broader increase in global geopolitical tensions, with the combined market capitalisation of 18 firms increasing by approximately 2.3 trillion.

Salim Kumar's 10 Funniest Characters

Salim Kumar's 10 Funniest Characters

Rediff.com8 Jun 2026

From Manavalan to Kannan Srank, a tribute to the unforgettable Salim Kumar who made generations of Malayalis laugh with his signature humour.

Hybrid Mutual Funds Attract Rs 1.55 Lakh Crore in FY26 as Investors Seek Diversified Strategies

Hybrid Mutual Funds Attract Rs 1.55 Lakh Crore in FY26 as Investors Seek Diversified Strategies

Rediff.com17 May 2026

Hybrid mutual fund schemes attracted significant inflows of Rs 1.55 lakh crore in FY26, a 29 per cent increase, as investors increasingly opted for diversified investment strategies to navigate volatile market conditions and geopolitical tensions.

Ashwin: 'Test cricketers should earn their place through first-class cricket'

Ashwin: 'Test cricketers should earn their place through first-class cricket'

Rediff.com5 Jun 2026

Ravichandran Ashwin has called for urgent measures to safeguard Test cricket, stressing the importance of first-class cricket as the pathway to the longest format and warning that young players need stronger incentives to pursue red-ball careers.

Infosys Q4 Net Profit Surges 21% to Rs 8,501 Crore, Projects 1.5-3.5% Revenue Growth for FY27

Infosys Q4 Net Profit Surges 21% to Rs 8,501 Crore, Projects 1.5-3.5% Revenue Growth for FY27

Rediff.com23 Apr 2026

Infosys reported a 20.8 per cent increase in consolidated net profit to 8,501 crore for the January-March quarter of FY26, with revenue from operations rising 13.4 per cent to 46,402 crore. The IT major has guided for a 1.5 to 3.5 per cent revenue growth for FY27, driven by momentum in financial services, utilities, and emerging AI services, despite a volatile macroeconomic environment and geopolitical risks.

Women voters shift away from TMC despite welfare push

Women voters shift away from TMC despite welfare push

Rediff.com5 May 2026

Women voters in West Bengal appear to be shifting their priorities beyond financial assistance, placing greater emphasis on governance and accountability, according to post-election analysis. This shift may have contributed to the Trinamool Congress's (TMC) losses in the recent assembly election, as the BJP's promises and other factors influenced voter sentiment.

Pooja Singh breaks 14-year-old high jump Nat. record at Asian U20 meet

Pooja Singh breaks 14-year-old high jump Nat. record at Asian U20 meet

Rediff.com29 May 2026

Teenaged high jump star Pooja Singh shattered the national senior record en route winning the gold medal to lead a strong Indian show on the second day of the Asian U20 Athletics Championships here on Friday.

Strong demand drivers likely to cushion TaMo

Strong demand drivers likely to cushion TaMo

Rediff.com31 Jan 2026

A pickup in freight rates, rising fleet utilisation and a long-awaited replacement cycle are breathing fresh life into India's commercial vehicle (CV) market, strengthening the investment case for Tata Motors' CV arm (TMCV). Despite a broadly steady December quarter (Q3) performance, brokerages remain divided on whether the upswing is strong enough to offset margin pressures.

How Gujarat Police Recovered Thousands Of Stolen Mobiles

How Gujarat Police Recovered Thousands Of Stolen Mobiles

Rediff.com30 Apr 2026

Gujarat Police have achieved the third position among major states in India for recovering stolen mobile phones, returning 53,564 devices to their rightful owners in the 2025-26 financial year. The Central Equipment Identity Register (CEIR) system, implemented by the Department of Telecommunications (DoT), enables the blocking and recovery of lost or stolen mobile devices across telecom networks nationwide.