Five companies have submitted resolution plans for Jaiprakash Associates Ltd (JAL), the flagship company of the beleaguered Jaypee group, the company has said in a stock exchange filing. The Adani group, Vedanta, Jindal Steel & Power, Dalmia Bharat, and PSP Projects are the final bidders and the offers range from Rs 10,000 crore to Rs 11,000 crore, said a source close to the development.
From tackling visa woes to admission counselling, rediffGURU Dr Karan Gupta helps you choose the right course and country to study abroad.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
'The kind of reach it has with so many bank branches even in the remotest part of the country, it is one channel which will play a very important role in vision of insurance for all.'
By following the path of Kula Dharma as mentioned in the Bhagavad Gita, you will not only be securing your child's future but also contributing to your own early sukoon (peace and well-being), says Vatsal Ramaiya
This translates into an annual return of 40 per cent, suggests a recent note by the World Gold Council.
India football head coach Manolo Marquez stepped down on Wednesday after reaching a 'mutual agreement' with the All Indian Football Federation.
Between 2015 and 2023, around 543 train accidents occurred, resulting in 805 deaths.
Your AMC shuts shop. Panic? Wait. What happens next isn't what most fear.
'Investors who remain calm, consistent, and disciplined through short-term volatility are usually the ones who benefit most in the long run.'
Only a limited set of investors should invest directly in corporate bonds.
'As we get older, our health risks increase, and this makes health insurance significantly more expensive for seniors.'
India's mergers & acquisitions (M&As) market recorded deals worth $45.44 billion in the first half of 2025, up nearly 3.3 per cent from a year ago, even as ultra large-ticket transactions remained subdued. During the first half, the 7.1 per cent rise in deal count to 1,614 signals continuing appetite among domestic conglomerates and private equity (PE) funds for mid-sized and smaller assets.
The operations of many global carriers, including Qatar Airways, have also been impacted due to the airspace curbs in the wake of the Middle East tensions.
Understand policy inclusions and exclusions to avoid surprises during claims.
Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.
'As long as Sebi maintains transparency and market stability, the Jane Street episode is unlikely to deter long-term foreign capital.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Experts say Indian Railways must grow its share in the freight market to remain financially sustainable.
There is need for buyers to understand cancellation rules before entering into a purchase agreement with a developer.
'From tariff tensions and border skirmishes to unrest in West Asia.' 'The worst may be behind us. But any further upmove will now have to come from earnings.'
The Quad grouping has called for bringing the perpetrators, organisers and financiers of the Pahalgam terror attack to justice without any delay and urged UN member nations to extend cooperation for it.
Concerned over the rise in mis-selling of products by banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) is examining whether to come up with norms to curb such practices. Observing that pushing financial products, such as insurance, indiscriminately to unaware consumers may be detrimental to their well-being, RBI Deputy Governor M Rajeshwar Rao said, "We are examining whether it necessitates framing of guidelines to address mis-selling of financial products and services by REs (regulated entities)."
rediffGURU Nayagam PP, career counsellor and the founder of EduJob360, counsels students and aspiring professionals about how they can make the right career decision.
Life Insurance Corporation of India (LIC) reported encouraging results for the April-June quarter (Q1) of FY26. The net premium income of India's largest life insurer was Rs 1.2 trillion, up 5 per cent year-on-year (Y-o-Y), in Q1. Renewal premium grew 6 per cent Y-o-Y to Rs 59,900 crore, while first-year and single premium grew 1 per cent and 4 per cent Y-o-Y respectively to Rs 7,500 crore and Rs 51,900 crore.
Whenever possible, the karta or head of the family should openly discuss the future distribution of movable and immovable property with all legal heirs.
Many affluent young people are first-generation wealthy. They have limited financial literacy, lack quality financial guidance or role models, and often fall prey to mis-selling. This makes them hesitant to invest in high-return assets like equities.
'Long-short SIFs are designed for seasoned, high-risk, high-reward investors, who understand market volatility.'
'Begin with a small investment, observe performance, then scale up gradually.'
The Reserve Bank of India (RBI) has extended the trading hours for the interbank call money market from July 1, and that of repo and tri-party repo markets from August 1. Market participants said the decision is intended to help reduce the large Standing Deposit Facility (SDF) balances held by banks with the RBI, thereby addressing liquidity mismatches.
One of the most exploited provisions is Section 10(13A), which permits exemption on HRA.
'This incident is being given a Hindu-Muslim angle too. I don't know why it is being done. I don't have anything to do with this case...'
'AdFalciVax may offer advantages such as broader protection and a lower risk of immune evasion compared to existing single-stage malaria vaccines.'
"I welcome Tesla here in Mumbai. Tesla has opened an experience centre here, and it is a statement that Tesla has arrived and it's a statement they Tesla has arrived in the right city and right state," Fadnavis said on the occasion.
Education loan growth is set to halve this fiscal (FY26) because disbursements for the US decelerate following a raft of policy changes there.
Larsen & Toubro's (L&T) Q1FY26 revenue and net profit came in slightly ahead of estimates. There was strong core engineering and construction (E&C) order inflows at Rs 76,600 crore, with order wins in energy and infrastructure in domestic and international markets.
The Karnataka government will conduct a new 'Social and Educational survey', popularly known as 'caste census', in the state for 15 days, from September 22 to October 7. The survey aims to eliminate caste discrimination and gather data on financial status and land ownership.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
A strike by Karnataka's state-owned transport corporation employees has severely disrupted bus services across the state, leaving passengers stranded and impacting school, college, and office attendance. The strike persists despite a court stay, as unions demand wage revision and payment of salary arrears.
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