News for 'Sun Group Chief Financial'

For What Duration Must I Invest?

For What Duration Must I Invest?

Rediff.com5 Apr 2024

Tactical investors should have an investment horizon of around six months to one year, long-term investors should stick around for 10 years or more.

Indian-Americans among 14 charged in $53-mn Covid relief fund fraud

Indian-Americans among 14 charged in $53-mn Covid relief fund fraud

Rediff.com7 Jul 2023

This case is the largest investigated by the Pandemic Response Accountability Committee Fraud Task Force to date, US Attorney for the Northern District of Texas Leigha Simonton said in a press release.

Dhoot admits 'not genuine' financial deals with Kochhars, says ED

Dhoot admits 'not genuine' financial deals with Kochhars, says ED

Rediff.com8 Dec 2020

In his statement to the Enforcement Directorate, Dhoot conceded that Rs 64 crore had been transferred to Deepak Kochhar's NuPower Renewables through a web of entities to allegedly acquire wind farm properties.

Byju's in talks with investors to raise $300 mn in return for more controls

Byju's in talks with investors to raise $300 mn in return for more controls

Rediff.com2 Jan 2024

With investors asking for a change in the board structure at Byju's, the edtech giant's founder and chief executive officer (CEO), Byju Raveendran, is now asking them to put $300 million into the company for more control. The company has rung up $5.8 billion from investors such as General Atlantic, Sofina, the Qatar Investment Authority, Sumeru Ventures, Vitruvian Partners, BlackRock, Chan Zuckerberg Initiative, Sequoia, Silver Lake, Bond Capital, Tencent, and Tiger Global.

MFs Vs NPS? What Suits YOU?

MFs Vs NPS? What Suits YOU?

Rediff.com3 Jun 2024

Ramalingam Kalirajan explains the pros and cons of both investment types.

'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.'

Should You Invest In NPS?

Should You Invest In NPS?

Rediff.com15 Apr 2024

'Young investors with limited funds should ensure that investing in NPS does not crowd out their other, more liquid, investments.'

2 charred bodies in car: Raj cops nab man linked to cow vigilante group

2 charred bodies in car: Raj cops nab man linked to cow vigilante group

Rediff.com17 Feb 2023

The family members of the deceased had named five men linked to the Bajrang Dal in their complaint to the police.

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.

Man poses as woman college teacher, rapes 7 students

Man poses as woman college teacher, rapes 7 students

Rediff.com25 May 2024

A 30-year-old man has been arrested in Madhya Pradesh's Sidhi district for allegedly raping at least seven girls after posing as a woman college teacher and calling them in connection with scholarship funds, police said on Saturday.

Is Lok Sabha Poll Impacting Markets?

Is Lok Sabha Poll Impacting Markets?

Rediff.com14 May 2024

'It is advisable to stay away from the markets for now and buy only on a dip.'

RIL in talks for stake in Tata Play, may buy Disney's 30% share

RIL in talks for stake in Tata Play, may buy Disney's 30% share

Rediff.com16 Feb 2024

Mukesh Ambani-owned Reliance Industries (RIL) is in discussions to acquire a 29.8 per cent stake in Tata Play from the Walt Disney Company, according to sources close to the development. This move is seen as part of RIL's broader strategy to deepen its footprint in India's television distribution sector. Tata Sons, the holding company of the Tata group, currently holds a 50.2 per cent stake in the satellite television broadcaster.

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.

Byju Raveendran talks 'struggles', not layoffs

Byju Raveendran talks 'struggles', not layoffs

Rediff.com30 Jun 2023

After assuring shareholders that Byju's is on a strong footing, Chief Executive Officer Byju Raveendran, after much delay, spoke to employees in a townhall session. In his first-ever address to employees since problems began at Byju's, Raveendran spoke about the resignation of auditors and board members, the Term Loan B dispute, and the future of educational technology (edtech). Raveendran also asked his team to 'rise above the noise' and work with resilience and determination.

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.'

Kejriwal to remain in ED custody till April 1

Kejriwal to remain in ED custody till April 1

Rediff.com28 Mar 2024

A court in New Delhi on Thursday extended the Enforcement Directorate custody of Chief Minister Arvind Kejriwal till April 1 in the excise policy case.

Gold loan business is shining as regulatory scrutiny of sector grows

Gold loan business is shining as regulatory scrutiny of sector grows

Rediff.com27 May 2024

In mid-March this year, the finance ministry asked state-run banks to review their gold loan portfolio for the two-year period between January 1, 2022, and January 31, 2024. This business had grown at a fast clip. Reserve Bank of India (RBI) data has it that it grew 15 per cent to Rs 1 trillion in FY24. Now, in recent times, any kind of exuberance in financial services has seen the authorities swoop down - be it pushing the lines on governance or unsecured credit.

Khalistan Tiger Force chief shot dead outside gurdwara in Canada

Khalistan Tiger Force chief shot dead outside gurdwara in Canada

Rediff.com19 Jun 2023

The unidentified youths shot Nijjar, a designated terrorist, inside the premises of Guru Nanak Sikh Gurdwara Sahib, of which he was the head, at Surrey at 8:27 pm (local time) on Sunday, they said.

Jaguar, Land Rover Tatas' major client: Group co

Jaguar, Land Rover Tatas' major client: Group co

Rediff.com3 Oct 2007

While declining to comment on the intended takeover bid for JLR by Tata Motors, another group company, Myers said the relationship was close to four years old.

'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.'

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.

WeWork's exit from India unit unlikely to impact domestic co-working market

WeWork's exit from India unit unlikely to impact domestic co-working market

Rediff.com25 Jun 2024

The exit of WeWork from its India unit is unlikely to have an impact on the country's co-working real estate market, according to industry executives. The company last week received approval from the Competition Commission of India (CCI) to sell its entire 27.5 per cent stake in the India unit to Real Trustee Advisory Company. The majority of the stake (72.5 per cent) in WeWork India is owned by Bengaluru-based Embassy Group.

Better chip supply fuels passenger vehicle production by 16%: Siam

Better chip supply fuels passenger vehicle production by 16%: Siam

Rediff.com14 Jun 2023

Amid better semiconductor chip supplies, the Indian automotive industry posted an 8 percent growth in production of vehicles across categories for the month of May, with three-wheelers (20 per cent) and passenger vehicles (16 per cent) leading the pack. Exports, however, dipped 21 per cent at an industry level. The industry also recorded its highest-ever May wholesales of domestic passenger vehicles (334,802 units), riding on high demand for sport utility vehicles (SUVs) and better supplies of semiconductor chips.

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.

Stock advice: BSE warns against deepfake videos

Stock advice: BSE warns against deepfake videos

Rediff.com18 Apr 2024

After the National Stock Exchange (NSE), rival bourse BSE on Thursday cautioned investors against deepfake videos of its MD and CEO Sundararaman Ramamurthy giving stock recommendations. In a statement, the exchange said it has noticed some fake, unauthorised and fraudulent videos and audios created through innovative and ingenious technology impersonating the BSE's top honcho are being circulated on social media recommending certain investments and advisory in stocks.

Is Your Home Insured For The Monsoon?

Is Your Home Insured For The Monsoon?

Rediff.com11 Jul 2024

'It's better to be over-insured than underinsured.' 'Ensure your home insurance includes STFI (storm, tempest, flooding, and inundation) cover for protection against monsoon rains.'

Sacrifices reap rewards for parents of Olympic shuttlers

Sacrifices reap rewards for parents of Olympic shuttlers

Rediff.com23 Jul 2024

'It was tough financially for the first few years but my friends and family supported me and once he did well at the 2018 Commonwealth Games, there was no looking back.'

Shinde is visiting Delhi as he is a 'BJP chief minister': Raut

Shinde is visiting Delhi as he is a 'BJP chief minister': Raut

Rediff.com19 Jul 2022

Raut claimed that the BJP was trying to break Maharashtra into three pieces

Auditor Deloitte, 3 board members sever ties with Byju's

Auditor Deloitte, 3 board members sever ties with Byju's

Rediff.com22 Jun 2023

Audit firm Deloitte has resigned as auditors of Byju's citing a delay in submission of financial statements while almost simultaneously three of the edtech firm's board members have quit in what is being seen as a deepening crisis at the decacorn. Deloitte Haskins & Sells, which was slated to audit Byju's until 2025, stepped down with "immediate effect" mid-term stating that "the financial statements of the company are long delayed. In a letter sent to the board of Think & Learn Pvt Ltd (known as Byju's), Deloitte said it has not been able to start an audit due to the delays and that will have a "significant impact" on its ability to "plan, design perform and complete" the audit as per standards.

Review Your Mutual Fund Portfolios!

Review Your Mutual Fund Portfolios!

Rediff.com19 Aug 2024

'If their allocation to certain segments have become high due to strong returns over the past three-four years, they should rebalance their portfolios and bring them in line with their long-term asset allocation.'

GDP to grow nearly 7% in FY24: Economists

GDP to grow nearly 7% in FY24: Economists

Rediff.com12 Jan 2024

The economy may grow by around 7 per cent this financial year as estimated by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), say economists with various organisations. The first advance estimates for 2023-24 will be released on Friday by the National Statistical Organisation (NSO), an exercise done for calculating ratios such as the fiscal deficit. The interim Budget will be presented on February 1.

LTIMindtree misses revenue, profit estimates

LTIMindtree misses revenue, profit estimates

Rediff.com25 Apr 2024

IT services major LTIMindtree reported a net profit of Rs 1,100 crore for the fourth quarter of financial year 2023-24 (FY24), down 1.2 per cent year-on-year (Y-o-Y) from Rs 1,141 crore in the same quarter last financial year. Revenue grew 2.3 per cent Y-o-Y for the fourth quarter to Rs 8,892.9 crore. Sequentially, revenue was down 1.4 per cent.

TCS says IT cos not yet out of woods; Q2 net profit up 9%

TCS says IT cos not yet out of woods; Q2 net profit up 9%

Rediff.com11 Oct 2023

The country's largest software company Tata Consultancy Services (TCS) on Wednesday said its net profit increased 8.7 per cent year-on-year to Rs 11,342 crore in the September 2023 quarter. The Tata Group flagship had reported a net profit of Rs 10,431 crore in the year-ago period.

What Will Sikkim Reveal On June 2?

What Will Sikkim Reveal On June 2?

Rediff.com31 May 2024

Ahead of this election, the alliance between the BJP and the SKM had broken down. One reason is the fear that like Article 370, Article 371F might also be changed.

Oppn protests 'discriminatory' Budget; 'Viksit Bharat' dream, says BJP

Oppn protests 'discriminatory' Budget; 'Viksit Bharat' dream, says BJP

Rediff.com24 Jul 2024

Indian National Developmental Inclusive Alliance (INDIA) MPs, including Congress president Mallikarjun Kharge, Congress Parliamentary Party chief Sonia Gandhi and Leader of Opposition in the Lok Sabha Rahul Gandhi, staged a protest in Parliament premises on Wednesday over the alleged discrimination against opposition-ruled states in the Union Budget.

'How can I earn Rs 2 crores in 10 years?'

'How can I earn Rs 2 crores in 10 years?'

Rediff.com14 Sep 2023

rediffGURU Ramalingam Kalirajan answers your personal finance queries.

India Today group plans English daily early '07

India Today group plans English daily early '07

Rediff.com27 Nov 2006

The India Today group said on Monday it would launch an English language daily in New Delhi early next year.

Adani now plans to enter water segment

Adani now plans to enter water segment

Rediff.com19 Jan 2023

Adani Enterprises, which is launching India Inc's second-largest follow-on public offer worth Rs 20,000 crore next week, on Thursday said it is planning to enter the water segment as this is a key element of its core business of infrastructure. The group is into the entire gamut of infrastructure -- being its ports, airports, roads, expressways power generation & distribution, among others. In ports and airports, the group is the largest player in the private sector. Addressing media from Milan, group chief financial officer Jugeshinder Singh said the company has fixed the price band for the Rs 20,000-crore issue in the range of Rs 3,112-3,276 per share.

STCG, LTCG, MFs: What You Must Know

STCG, LTCG, MFs: What You Must Know

Rediff.com30 Jul 2024

Investors should view the increase in the LTCG tax rate in conjunction with the increase in capital gains exemption from Rs 1 lakh to Rs 1.25 lakh, which will provide some relief.

Even MBAs Find It Tough To Get Jobs

Even MBAs Find It Tough To Get Jobs

Rediff.com1 Jul 2024

'Corporations that were recruiting 15 or 20 [students] have reduced the number to two or three.'