News for 'System Business Group'

2025: Top 10 Stocks To Watch Out

2025: Top 10 Stocks To Watch Out

Rediff.com2 Jan 2025

These 10 stocks represent the best mix of value and growth, offering relatively low price-to-earnings and price-to-book ratios, a high return on equity, and sufficiently high potential from current levels.

'Workplace safety key to get more women in labour force'

'Workplace safety key to get more women in labour force'

Rediff.com27 Aug 2024

International Monetary Fund (IMF) Deputy Managing Director (MD) Gita Gopinath has condemned the "terrible and disturbing" incident of rape and murder of a trainee doctor in Kolkata. "Personally, it is terrible to have any event of this kind. It is disturbing," she told Business Standard in New Delhi.

The Legend That Was Pritish Nandy

The Legend That Was Pritish Nandy

Rediff.com9 Jan 2025

He was colourful. He was dramatic. He was The Master of His Craft. There never will be an editor as versatile as Pritish Nandy, notes Nikhil Lakshman.

How To Prepare For XAT 2025

How To Prepare For XAT 2025

Rediff.com22 Oct 2024

Preparing for the XAT requires a balanced approach, focusing on conceptual understanding, regular practice, and strategic planning, says Rahul K Shukla, convenor, XAT and admissions, XLRI-Xavier School of Management.

Foxconn Betting Big on South India

Foxconn Betting Big on South India

Rediff.com19 Aug 2024

Foxconn's business in India has grown to over $10 billion till 2024.

'Kirana Stores May Adopt Quick Commerce'

'Kirana Stores May Adopt Quick Commerce'

Rediff.com23 May 2024

'Traders must adopt digital payments as soon as possible within a set timeframe, as the nation is moving rapidly towards digitisation.' 'Ignoring digital systems is not an option for strengthening trade.'

What Tata, Birla, Mahindra say about family businesses

What Tata, Birla, Mahindra say about family businesses

Rediff.com28 Aug 2017

One thing has remained constant through the Indian economy in the last seven decades: the dominance of family-owned businesses. Krishna Kant reports.

'Ratan Tata Always Displayed His Kindness'

'Ratan Tata Always Displayed His Kindness'

Rediff.com12 Nov 2024

'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'

RBI imposes biz restrictions on Edelweiss

RBI imposes biz restrictions on Edelweiss

Rediff.com30 May 2024

The Reserve Bank on Wednesday imposed business restrictions on Edelweiss Group's lending and asset reconstruction arms on concerns over evergreening of loans. The central bank has asked ECL Finance Ltd (ECL) to cease and desist from undertaking any structured transactions in respect of its wholesale exposures, other than repayment and/or closure of accounts, an official statement said.

LIC earmarks Rs 600 crore for digital shift; to be 'paperless' in 2 years

LIC earmarks Rs 600 crore for digital shift; to be 'paperless' in 2 years

Rediff.com19 Sep 2024

State-run Life Insurance Corporation of India (LIC) has committed Rs 600 crore for its digital transformation journey, Sunder Krishnan, chief risk officer said on Wednesday. The insurance giant is also aiming to become completely "paperless" in two years. "We have hired a large system integrator for more than Rs 400 crore, a consultant for digital transformation for Rs 100 crore, and Rs 100 crore for agency transformation.

'Rakesh Jhunjhunwala Inspires New Investors'

'Rakesh Jhunjhunwala Inspires New Investors'

Rediff.com17 Oct 2024

'More investors now view the stock market as a valuable opportunity, though many still seek quick gains, leading to a rise in futures and options trading.'

'Putting coal-fired plants is like committing a sin'

'Putting coal-fired plants is like committing a sin'

Rediff.com17 Aug 2024

'With technology advancing, we should go all out and put up solar, wind, pumped storage, and battery, and make India go green.'

The Shyam Benegal I Knew

The Shyam Benegal I Knew

Rediff.com23 Dec 2024

His cinema of compassion inspired me, gave me tools to develop empathy for others. But it also made me understand that serious, socially committed cinema with deeply engaging narratives and great performances is an art form to admire, appreciate and explore. Aseem Chhabra remembers Shyam Benegal, who passed into the ages on Monday evening.

What Gave Ratan Tata Great Pleasure

What Gave Ratan Tata Great Pleasure

Rediff.com14 Oct 2024

'I get enormous pleasure from seeing the uplift of an underprivileged or poor person.' 'I feel elated when I walk on the street and see someone who pushes a handcart talking on a cell phone.' A revealing glimpse from Peter Casey's The Story of Tata: 1968 to 2021.

SC scraps Punjab's NRI quota expansion, calls it a fraud

SC scraps Punjab's NRI quota expansion, calls it a fraud

Rediff.com24 Sep 2024

The Supreme Court on Tuesday dismissed the Punjab government's appeal against a high court verdict quashing its decision to expand the definition of 'NRI quota' for admissions in undergraduate medical and dental courses in the state. "This fraud must come to an end now," the apex court said.

Adani group refutes report on loans from PSBs

Adani group refutes report on loans from PSBs

Rediff.com6 Sep 2022

Richest Indian Gautam Adani's conglomerate has cited an improved net debt to operating profit ratio and more than halving of loans from public sector banks to allay concerns about it being overleveraged. In a 15-page note in response to CreditSights report calling the group overleveraged, it said companies in the group have consistently de-levered, with the net debt to Ebitda ratio declining to 3.2 times from 7.6 times in the last nine years. "The businesses operate on a simple yet robust and repeatable business model focused on development and origination, operations and management and capital management plan," the note, reviewed by PTI, said.

How To Invest In Quality Stocks

How To Invest In Quality Stocks

Rediff.com23 Oct 2024

'Allocate up to 20 per cent of your core equity portfolio to quality funds.'

How OCIs Are Taxed

How OCIs Are Taxed

Rediff.com18 Sep 2024

'Any earnings, regardless of location, will be subject to Indian income tax.'

'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.'

Are The Markets Headed For A Bubble?

Are The Markets Headed For A Bubble?

Rediff.com11 Nov 2024

'The problem is that the bubble may not only be in valuations, but also in investors' minds.'

Time to change system, says Bhutia after 'win for Indian football'

Time to change system, says Bhutia after 'win for Indian football'

Rediff.com27 Aug 2022

"It's time to change the system," declared Indian football legend Bhaichung Bhutia on Saturday, after world football governing body FIFA lifted the ban imposed on the All India Football Federation.

Modi 3.0: Focus Shifts To Governance

Modi 3.0: Focus Shifts To Governance

Rediff.com7 Oct 2024

'It would be reasonable to assume that Modi 3.0 would be more focused on projects and schemes which do not require any legislative change or which have the support of its coalition partners,' asserts A K Bhattacharya.

Stocks brokers to face 'financial disincentives' for tech glitches in their trading systems

Stocks brokers to face 'financial disincentives' for tech glitches in their trading systems

Rediff.com25 Nov 2022

Markets watchdog Sebi on Friday directed stock exchanges to impose "financial disincentives" on stock brokers for technical glitches at their end, amid instances of snags at the brokers' end impacting the overall trading system. Besides, the stock brokers would have to inform the bourses within one hour of any glitch happening in their trading sysstems as well as submit a preliminary incident report in one day. As part of tightening the regulations, Sebi also said that the bourses should disseminate on their websites the instances of technical glitches occurring in the trading systems of stock brokers along with the Root Cause Analysis (RCA) of such issues.

GST@7: Challenges But Collections Surge

GST@7: Challenges But Collections Surge

Rediff.com12 Jul 2024

Average monthly GST collection rose from Rs 90,000 crore during the first year of its implementation -- 2017-2018 -- to Rs 1.68 trillion during 2023-2024, representing an 87 per cent rise.

June-Aug 2024 was India's 2nd-hottest quarter since 1970: Report

June-Aug 2024 was India's 2nd-hottest quarter since 1970: Report

Rediff.com18 Sep 2024

India experienced its second-hottest quarter from June to August this year since 1970, with over one-third of the country's population enduring at least seven days of dangerous heat, according to a new report by a United States-based group of climate scientists and communicators.

Under Trump India-US Space Sector May Soar

Under Trump India-US Space Sector May Soar

Rediff.com22 Nov 2024

'With India's growing capabilities in the space sector, this creates promising opportunities for enhanced collaboration and market access.'

BJP govt in J-K will restore statehood: Modi

BJP govt in J-K will restore statehood: Modi

Rediff.com28 Sep 2024

Prime Minister Narendra Modi on Saturday said the decision to transform Jammu and Kashmir into a Union Territory is 'temporary' and the Bharatiya Janata Party-led government will restore the statehood to the region.

Retirement Funds: Customize Your Mix

Retirement Funds: Customize Your Mix

Rediff.com28 Sep 2024

Equity-focused schemes may perform better in a bull market, while debt-oriented ones may offer greater stability during volatile periods.

Who Will Take Over The Godrej Empires?

Who Will Take Over The Godrej Empires?

Rediff.com6 May 2024

Pirojsha Godrej, 43, patriarch Adi Godrej's son, is set to take over as chairman of the Godrej Industries Group from 2026 whol Nyrika Holkar, Smita Godrej Crishna's 42-year-old daughter, has emerged as the face of the Godrej Enterprises Group.

US businesses urge Biden to press India on concerns

US businesses urge Biden to press India on concerns

Rediff.com23 Jul 2013

The letter was the latest sign of US frustration about the business environment in India.

What Mahabali Won't Hear

What Mahabali Won't Hear

Rediff.com13 Sep 2024

Questions that the state had come to recognise over time but consistently delayed treating seriously because doing so requires an overhaul of perspective and lifestyle, notes Shyam G Menon.

'He Was Not An 'I' Man At All'

'He Was Not An 'I' Man At All'

Rediff.com23 Oct 2024

'He was a practical person who ensured that he thought about the common man, animals, the fact that they have a life and they have to be respected.'

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

'Aionos will bridge silos within aviation, hospitality using AI'

'Aionos will bridge silos within aviation, hospitality using AI'

Rediff.com24 Apr 2024

Industries such as aviation and hospitality have many silos within them and Aionos, the joint venture between Interglobe Enterprises (IGE) and Assago Group, is an attempt to bridge them and boost efficiencies using artificial intelligence (AI) solutions, Rahul Bhatia told Business Standard on Tuesday. Bhatia, the Group Managing Director of IGE, serves as the majority shareholder in India's largest airline, IndiGo. Additionally, IGE operates 21 hotels under the Ibis brand and runs a logistics company called Movin.

Big Tech in financial system poses concentration risk: Shaktikanta Das

Big Tech in financial system poses concentration risk: Shaktikanta Das

Rediff.com21 Sep 2022

The increasing involvement of Big Tech in the financial system could give rise to concentration risk and there are potential spillovers, which call for closer attention, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday. "...enormous amounts of consumer data is being generated and leveraged upon by a few entities (the so-called Big Tech) by virtue of their huge customer base. "Such developments raise concerns on concentration risk and potential spillovers as their level of engagement with the financial system strengthens in the years to come," Das said at the Global Fintech Fest 2022.

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.

Tata group warns UK over harsh business tax regime

Tata group warns UK over harsh business tax regime

Rediff.com25 Aug 2014

But there are fears that any reform could be reduced to tweaking because the tax is so lucrative.

Rerating potential in Axis Bank stock, may be among top outperformers

Rerating potential in Axis Bank stock, may be among top outperformers

Rediff.com20 Jul 2024

The April-June quarter (Q1) of the current financial year (FY25) may be soft for banks with loan growth moderation, net interest margin (NIM) pressures, and higher staff and credit costs inching up, according to analysts. Credit growth could ease due to the lagged impact of the Reserve Bank of India (RBI) tightening and deposit growth has weakened, and the current account and savings account (CASA) ratio has declined 10-370 basis points (bps) quarter-on-quarter (Q-o-Q) for many banks.

It's back to the drawing board for payment banks

It's back to the drawing board for payment banks

Rediff.com15 Mar 2024

RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed.