News for 'Sun Group Chief Financial'

How To Invest Globally?

How To Invest Globally?

Rediff.com29 Apr 2024

'Investing abroad helps mitigate currency risk for foreign-currency denominated goals, such as children's higher education and international travel.'

What's behind the recent stock market rally?

What's behind the recent stock market rally?

Rediff.com28 May 2024

The current spurt in the stock market is on account of strong fundamentals and robust corporate earnings and retail investors can look for buying opportunities to accumulate quality stocks, experts said.

Wayanad rescuers fight crippling odds to move over 1,500 to safety

Wayanad rescuers fight crippling odds to move over 1,500 to safety

Rediff.com1 Aug 2024

The construction of a Bailey bridge to connect the landslide-hit areas, where several people are believed to be stranded, alongside the deployment of sniffer dogs and over 1,000 rescuers from Central and state emergency response teams conducting massive search operations, constitutes one of the largest rescue efforts in the Wayanad, devastated by a deadly calamity.

Where Is Gold Headed?

Where Is Gold Headed?

Rediff.com3 Aug 2024

Most investors should have a 5% to 10% allocation to gold for diversification. They should stagger their investments to mitigate timing risk.

UK clears decks for 500 mn grant for Tata Steel's Port Talbot project

UK clears decks for 500 mn grant for Tata Steel's Port Talbot project

Rediff.com12 Sep 2024

The Labour government in the UK has cleared the decks for a 500 million grant to Tata Steel, paving the way for decarbonisation of the company's British business and a sustainable financial future. In a statement, Tata Steel said that it has signed a 500 million Grant Funding Agreement (GFA) with the UK government, allowing it to "proceed at pace with the project to install a state-of-the-art electric arc furnace (EAF) at the Port Talbot steelworks in Wales". This is part of the 1.25 billion green steel project in Port Talbot, of which Tata Steel's investment is to the tune of 750 million.

Siva Group to see generational shift at the helm

Siva Group to see generational shift at the helm

Rediff.com20 Sep 2014

In his new role, chief Chinnakannan Sivasankaran's son Saravana is likely to manage 60% of the group's revenues

Explained: Tax Changes On Property Sales

Explained: Tax Changes On Property Sales

Rediff.com25 Jul 2024

Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.

Car Owners, Know About PAYD Insurance

Car Owners, Know About PAYD Insurance

Rediff.com17 Sep 2024

'The PAYD model adjusts the premium based on your driving habits. If you drive less, you pay less.'

40 Years Later, Can The Wounds Ever Heal?

40 Years Later, Can The Wounds Ever Heal?

Rediff.com30 Oct 2024

As a consequence of prominence given to the brutality during those few days, a very important aspect of that episode got almost glossed over. This was the intervention by a very significant section of people who restored faith in humanity, and conveyed the message that only a small section of Indians, that too politically backed, were consumed by anti-Sikh majoritarianism. The overlooked facet of the events of 1984 was the story of significant sections of the city's populace, public figures and nondescript ones, stepping out hand-in-hand, to first stand with little but bravery in hands, in the way of attackers, and thereafter to provide immediate relief to those who lives were uprooted and who lost family members in the violence, recalls Nilanjan Mukhopadhyay.

'If You Want To Invest Directly, Ensure...'

'If You Want To Invest Directly, Ensure...'

Rediff.com27 Aug 2024

'...you evaluate three key factors before committing your money.'

ED summons Maha NCP chief in IL&FS money laundering case

ED summons Maha NCP chief in IL&FS money laundering case

Rediff.com11 May 2023

The 61-year-old MLA from Islampur seat of Maharashtra has been asked to depose before the federal agency in Mumbai on Friday, they said. Patil, a former minister of home and finance, is also the Maharashtra president of the NCP and is a seven-term legislator.

India Inc rides merger-demerger wave

India Inc rides merger-demerger wave

Rediff.com19 Oct 2023

Corporate India is busy restructuring - through mergers, demergers and splits. That seems to be the new normal as CXOs and boards brainstorm on how to create assets and value. The pitch rose significantly during the third quarter of this financial year (FY24), translating into $32.9-billion worth of such deals - the highest quarterly total since the HDFC Bank-HDFC merger announced in FY22 Q2.

High Valuations Pose Risk To Bull Market

High Valuations Pose Risk To Bull Market

Rediff.com4 Sep 2024

'Over the next 12 months, it will be difficult to make 15 to 20 per cent return in the markets as the valuations appear stretched.'

India's Big Guns Firing On Capex Front

India's Big Guns Firing On Capex Front

Rediff.com13 Feb 2024

'Interim Budget has ignited the entrepreneurial spirit.'

In export push, govt steps in to raise container capacity

In export push, govt steps in to raise container capacity

Rediff.com27 Sep 2024

Concerned over the fallout of the Red Sea crisis and severe shortage of containers against the backdrop of a steep decline in merchandise exports in August, the Union government is pulling out all the stops to find a solution. To begin with, the government has devised a strategy aimed at boosting container supply and supporting exporters.

Want To Invest In Broad Index Funds?

Want To Invest In Broad Index Funds?

Rediff.com5 Jul 2024

'An equity-based index fund should be held for more than five years to average out market volatility and achieve financial goals.'

Adani group firms lose Rs 5.56 lakh cr in market cap in 3 days

Adani group firms lose Rs 5.56 lakh cr in market cap in 3 days

Rediff.com30 Jan 2023

Shares of most of the Adani group firms ended lower on Monday, a day after it released a 413-page response to allegations of wrongdoing brought by a US-based short seller Hindenburg Research.

IT Companies May See Recovery In June Quarter

IT Companies May See Recovery In June Quarter

Rediff.com11 Jul 2024

The June quarter is usually considered as a seasonally strong period for the IT sector.

WWE is now part of UFC

WWE is now part of UFC

Rediff.com14 Sep 2023

The merger forms TKO Group Holdings

US investor BlackRock slashes Byju's valuation by 95% to $1 billion

US investor BlackRock slashes Byju's valuation by 95% to $1 billion

Rediff.com15 Jan 2024

BlackRock has again reduced the valuation of its share in edtech firm Byju's - this time to about $1 billion, TechCrunch reported on Friday, citing disclosures made by the US-based asset manager. This is 95 per cent less than its peak valuation of $22 billion in 2022. The markdown comes at a time when the company is facing a multitude of challenges, including securing fresh capital, delays in financial reporting and legal disputes with lenders.

SC asks Sebi to probe allegations against Adani group

SC asks Sebi to probe allegations against Adani group

Rediff.com2 Mar 2023

The Supreme Court on Thursday asked the Sebi to probe within two months allegations of stock price manipulation by the Adani group and any lapses in regulatory disclosures, and also set up a panel to look into protection of Indian investors after a damning report by a US short seller wiped out more than USD 140 billion of the conglomerate's market value. The top court while directing the setting up of a six-member committee headed by former apex court judge Justice A M Sapre for the assessment of the extant regulatory framework and for making recommendations to strengthen the process said it was appropriate to set up such a panel of experts in order to "protect Indian investors against volatility of the kind which has been witnessed in the recent past". The court-appointed Justice Sapre panel, which will be provided assistance by the Centre and other statutory agencies including the Sebi chairperson, will have to submit its report in a sealed cover within two months, said the bench which comprised Chief Justice D Y Chandrachud and Justices P S Narasimha and J B Pardiwala.

Did Lakshmir Bhandar Help Mamata Win?

Did Lakshmir Bhandar Help Mamata Win?

Rediff.com6 Jun 2024

The welfare schemes of the government, particularly Lakshmir Bhandar, have had a major impact on the electoral outcome.

'Expect formulations biz to outpace API biz'

'Expect formulations biz to outpace API biz'

Rediff.com2 Jun 2024

'API prices are dragging down margins and impacting our competitive ability.'

Want To Know Where To Invest? Read This

Want To Know Where To Invest? Read This

Rediff.com18 Apr 2024

A portfolio can be rebalanced by either selling a portion of the outperforming asset class or by buying more of the underperforming asset class.

Want To Buy A New Home? Read This

Want To Buy A New Home? Read This

Rediff.com20 Oct 2023

Look at the sanctioned plan to know the exact carpet area you will get and pay a law firm to conduct a thorough title check.

Escorts group restructures

Escorts group restructures

Rediff.com2 Sep 2005

2 Brightcom officials barred from holding managerial posts till further order

2 Brightcom officials barred from holding managerial posts till further order

Rediff.com22 Aug 2023

Sebi on Tuesday restrained two Brightcom Group officials, M Suresh Kumar Reddy and Narayan Raju, from holding any managerial position in the company or its subsidiaries until further orders. Reddy is the promoter-cum-chairman and MD of Brightcom Group Ltd (BGL) while Raju is the chief financial officer. Besides, the regulator also banned Reddy from the securities market until further orders.

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

Navneet Rana took loan from financier 'linked to Dawood': Raut

Navneet Rana took loan from financier 'linked to Dawood': Raut

Rediff.com27 Apr 2022

Raut claimed Navneet Rana received a loan of Rs 80 lakh from Yusuf Lakdawala, who was arrested in a money laundering case.

India eyes T20 World Cup title after near misses

India eyes T20 World Cup title after near misses

Rediff.com30 May 2024

India remain bereft of a global title since winning the 2013 Champions Trophy.

12 'Jihadis' of Bangladeshi terror group arrested in Assam

12 'Jihadis' of Bangladeshi terror group arrested in Assam

Rediff.com28 Jul 2022

Chief Minister Himanta Biswa Sarma said two major terror modules were busted in the state in a "nationally coordinated operation".

Is It Right Time For An FD?

Is It Right Time For An FD?

Rediff.com8 Aug 2024

FDs are not advisable for long-term wealth creation as their post-inflation, post-tax returns are not very attractive.

Should You Invest In Gold ETFs?

Should You Invest In Gold ETFs?

Rediff.com16 Aug 2024

All investors should ideally have a 10 to 15 per cent allocation to gold. Whether they invest in gold ETFs or SGBs should depend on their investment horizon.

And Radhika-Anant Are Married...

And Radhika-Anant Are Married...

Rediff.com13 Jul 2024

The list of guests included celebrities from across the globe, politicians, the who's who of Hindi and south Indian cinema world and almost all the top cricketers of the country.

Should You Take A Loan Against MFs?

Should You Take A Loan Against MFs?

Rediff.com3 Jul 2024

'If the portfolio growth rate is higher, take this loan. If it is lower, liquidate your investments.'

How FarmDidi Is Changing Lives

How FarmDidi Is Changing Lives

Rediff.com20 Sep 2024

Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.

CNG Vehicles Ride Past Diesel In Sales Race

CNG Vehicles Ride Past Diesel In Sales Race

Rediff.com13 Aug 2024

'Primary buyers are commercial taxi and fleet operators and small businessmen.' 'CNG prices have been remarkably stable unlike petrol.'

Using An App For A Loan? Read This First

Using An App For A Loan? Read This First

Rediff.com7 Mar 2024

Borrowing from a fraudulent loan app subjects the borrower to a variety of risks.

'No Derating Due To Coalition Govt'

'No Derating Due To Coalition Govt'

Rediff.com27 Jun 2024

'Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs.'

When To Invest In Debt Funds

When To Invest In Debt Funds

Rediff.com9 Aug 2024

To minimise risk, invest in a debt fund whose duration matches your investment timeframe.