News for 'Uttam Kumar'

'Very healthy and fertile market for long-term investors'

'Very healthy and fertile market for long-term investors'

Rediff.com8 Jun 2023

'Investors should look to incrementally allocate towards equity from a medium-to-long term horizon.'

Air Sahara launches new flights

Air Sahara launches new flights

Rediff.com27 May 2003

Air Sahara on Tuesday announced it had launched 16 new flights last week and was planning more with the induction of two additional 50-seater aircraft and two Boeings in the next few weeks.\n\n

Hyderabad civic poll: Will BJP spring a surprise?

Hyderabad civic poll: Will BJP spring a surprise?

Rediff.com3 Dec 2020

Though the run-up to the poll saw a high pitched campaign by the parties, the turnout of the voters on December 1 was an unimpressive 46.55 per cent (34.50 lakh) out of the total 74.67 lakh voters.

Strong investor flow lift-off puts mutual fund small-caps into orbit

Strong investor flow lift-off puts mutual fund small-caps into orbit

Rediff.com26 Jun 2023

Retail investors now own a bigger slice of small-cap companies than a couple of years earlier, attributable to their growing conviction in mutual fund (MF) schemes focused on this space. Data from Capitaline shows MFs' average holding in the National Stock Exchange Nifty Smallcap 250 rising to 8.67 per cent, from 7.67 per cent in the past two financial years, with the number of companies with over 20 per cent MF holdings, rising from 15 to 24. At the end of May, the top five small-cap firms with the highest MF holdings were Carborundum Universal, Blue Star, Cyient, Gujarat State Petronet, and Cholamandalam Finance.

Cong to set up poll panel, hold Chintan Shivir; no word on Prashant Kishor

Cong to set up poll panel, hold Chintan Shivir; no word on Prashant Kishor

Rediff.com25 Apr 2022

Congress president Sonia Gandhi also decided to convene a 'Chintan Shivir', a brainstorming session from May 13-15 in Udaipur.

Banks shine brightest in otherwise pale FY23 for India Inc

Banks shine brightest in otherwise pale FY23 for India Inc

Rediff.com2 Jun 2023

The banking sector emerged as an outlier when the rest of India Inc witnessed a slowdown in earnings in FY23. The combined net profit of listed public and private sector banks was up 39.4 per cent year-on-year (YoY) last financial year and their share in India's gross value added (GVA) or gross domestic product (GDP) at factor cost rose to a record high of nearly 1 per cent up, from 0.8 per cent a year ago. Listed banks' combined net profit grew to Rs 2.36 trillion in FY23, from Rs 1.69 trillion a year ago. In comparison, India GVA at current prices was up 15.2 per cent YoY at Rs 247 trillion in FY23; it was around Rs 214 trillion a year ago.

When Rafi sang for Hanuman, Manna for Ravan...

When Rafi sang for Hanuman, Manna for Ravan...

Rediff.com6 May 2021

'Rafi was singing for Hanuman and I was singing for Ravan.' 'C Ramachandra corrected Rafisaab and he became red in the face.' 'I asked Anna (Ramachandra), "How could you do this?"' 'He replied, "How could I not do this? My song was being spoilt".'

'Avoid Pausing SIPs'

'Avoid Pausing SIPs'

Rediff.com5 Apr 2023

'Continue with your SIPs to get the benefit of lower average prices in this challenging market environment.'

'Investors, prefer flexi cap schemes'

'Investors, prefer flexi cap schemes'

Rediff.com2 Jun 2023

'Small cap funds do have their own merits and they make sense when the investor has a longer investment horizon.'

Junior Asia Cup 2023: India down rivals Pakistan to clinch historic title

Junior Asia Cup 2023: India down rivals Pakistan to clinch historic title

Rediff.com2 Jun 2023

The Indian junior men's team beat Pakistan in a thriller in the final of the Men's Junior Asia Cup 2023.

'Going in and out of the market does not add any value'

'Going in and out of the market does not add any value'

Rediff.com1 Jun 2023

'Chasing sectors which have reported strongest earnings is not always the right strategy for outperformance.'

74% voter turnout recorded in Rajasthan, 67% in Telangana

74% voter turnout recorded in Rajasthan, 67% in Telangana

Rediff.com7 Dec 2018

At places in the border districts of Barmer and Jaisalmer, people walked miles through the desert to cast their votes.

Want To Buy Annuity? Read This

Want To Buy Annuity? Read This

Rediff.com16 Jun 2023

The choice should depend on the size of the retirement corpus, stage in life, and state of health.

The Magic of Asha Bhosle

The Magic of Asha Bhosle

Rediff.com8 Sep 2021

Do you know Ashaji crooned a seductive night club song, Zooby Zooby Je L'aime Vous for An Evening In Paris?

Delhi woman dies after being dragged for 4 km by car

Delhi woman dies after being dragged for 4 km by car

Rediff.com1 Jan 2023

In a shocking incident, a 20-year-old woman died after her scooty was hit by a car and her body was dragged for around four kilometres in outer Delhi's Sultanpuri on Sunday, police said.

Infrastructure Funds: What You Must Know

Infrastructure Funds: What You Must Know

Rediff.com21 Nov 2022

Since infrastructure projects have long gestation periods, investors need to enter them with a long horizon of at least 10 years.

India to add 90-110 lakh gig workforce by 2025

India to add 90-110 lakh gig workforce by 2025

Rediff.com7 Dec 2022

With more and more companies preferring to hire employees on project basis, a report has revealed that there is likely to be 90-110 lakh additions to the gig workforce by 2025, a report said on Wednesday. The gig economy has been one of the most pivotal economic shifts in a long time and people are choosing gig jobs because it works with their lifestyle, they can choose when and how much they work, or it allows them to earn money between jobs, global job site Indeed said in the report. According to the report, companies have also started investing in gig work platforms and processes, which indicates how integral they are to the future of jobs growth in India.

Prez approves Jeevan Raksha Padak awards for 40 people

Prez approves Jeevan Raksha Padak awards for 40 people

Rediff.com25 Jan 2021

Muhammed Muhsin (posthumous) of Kerala has been named for the Sarvottam Jeevan Raksha Padak 2020.

India Inc sees Budget to define 'Amrit Kaal', expect extension of PLI scheme

India Inc sees Budget to define 'Amrit Kaal', expect extension of PLI scheme

Rediff.com13 Jan 2023

A vast majority of the business leaders believe that the Production Linked Incentive (PLI) schemes have been beneficial and expect an extension to other sectors in the coming years, a Deloitte Survey said on Friday. An overwhelming number of survey respondents hope the budget will fuel growth across industries by building strong domestic demand and focussing on capital expenditure and believe that it would define the 'Amrit Kaal'. "Critical to this growth will be the pace of capital expenditure, infrastructure development, and the need to boost infrastructure financing through private partnership. 60 per cent of respondents suggested raising funds through Indian Government Bonds," the survey said.

Bengali musical icon Sandhya Mukherjee passes away

Bengali musical icon Sandhya Mukherjee passes away

Rediff.com15 Feb 2022

Legendary Bengali semi-classical singer Sandhya Mukherjee, who had worked with leading music directors such as S D Burman, Naushad and Salil Chaudhury died on Tuesday evening following a massive cardiac arrest, leaving behind millions of mourning fans of all ages across borders.

Should you still bet on BAFs or move back to FDs?

Should you still bet on BAFs or move back to FDs?

Rediff.com28 Feb 2023

Now that bank FD rates have gone up and most BAFs haven't delivered good returns, these investors are likely to be moving back to FDs, observed a senior MF distributor. The performance of BAFs in the past year has been mixed.

Hold On To Equity Funds in 2023

Hold On To Equity Funds in 2023

Rediff.com19 Jan 2023

Many investors want to exit equities now and re-enter when they begin to rise. Such timing is difficult to pull off.

What You Must Know About Advance Tax

What You Must Know About Advance Tax

Rediff.com21 Mar 2023

Salaried persons whose liability is fully deducted as tax deducted at source by their employer need not worry about advance tax payments, unless they have other sources of taxable income.

Soumitra Chatterjee: I don't have much faith in awards

Soumitra Chatterjee: I don't have much faith in awards

Rediff.com19 Jan 2015

'No other actor in India was as lucky as me,' Soumitra Chatterjee tells Indrani Roy/ Rediff.com

'How to file revised IT return?'

'How to file revised IT return?'

Rediff.com27 Dec 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.

Want To Invest In Kamanewala Ghar?

Want To Invest In Kamanewala Ghar?

Rediff.com26 Jun 2023

This sort of property is better suited for an investor rather than an end user.

Battle for Hyderabad: Stage set for municipal polls on Tuesday

Battle for Hyderabad: Stage set for municipal polls on Tuesday

Rediff.com30 Nov 2020

As many as 74,44,260 voters would exercise their franchise using ballot papers to elect their representatives in the 150-ward Greater Hyderabad Municipal Corporation, according to official data.

SVB fallout: Indian start-ups staring at uncertain future

SVB fallout: Indian start-ups staring at uncertain future

Rediff.com21 Mar 2023

Indian start-ups breathed a sigh of relief after the UK government facilitated the acquisition of the now-defunct Silicon Valley Bank's (SVB's) British arm by HSBC. In a bid to allay fears, the US Federal Deposit Insurance Corporation (FIDC) announced recently that it had transferred all deposits of start-up-focused SVB to a newly created bridge bank and all depositors would have access to their money. President Joe Biden also sought to reassure jittery depositors that they can have confidence that the US banking system is "safe".

'Premium valuations a big challenge for markets'

'Premium valuations a big challenge for markets'

Rediff.com9 Feb 2023

'The reason being we cannot let premiums go beyond a certain point.'

Is GPT-4 Intelligent?

Is GPT-4 Intelligent?

Rediff.com3 May 2023

Overestimation of AI can lead to an excessive level of trust and the spread of disinformation. ChatGPT's replies are riddled with factual errors, hidden in eloquent, grammatically correct sentences. This leads to a hallucination of truth, explains Kumar Abishek.

Want To Opt For EPF-EPS Joint Scheme?

Want To Opt For EPF-EPS Joint Scheme?

Rediff.com2 Mar 2023

Before opting for this scheme, consider how EPS is calculated.

Asia Cup: Japan crush India, team looking at exit door

Asia Cup: Japan crush India, team looking at exit door

Rediff.com24 May 2022

India's chances after this defeat will be badly dented as even a big win against Indonesia in the last game might not be enough for qualification to

Data Bill: Too much govt control will hit investments

Data Bill: Too much govt control will hit investments

Rediff.com27 Dec 2022

Significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India, according to global technology industry body ITI. The ministry of electronics and IT has floated draft Digital Personal Data Protection (DPDP) Bill 2022 and has invited comments on the same till January 2. "The Bill grants significant controls to the executive arm of GOI (Government of India) and delegates much of the detailed rulemaking authority to separate, as yet undefined processes.

For the foreseeable future, diesel is likely to drive India's economy

For the foreseeable future, diesel is likely to drive India's economy

Rediff.com19 May 2023

India's climate change goals are turning combustible. On the one hand, a protracted dispute between the government and manufacturers over subsidies threatens to slow the pace of electric vehicle (EV) sales. On the other hand, repeated assertions by different arms of the government over banning sales of new fossil fuel-fired vehicles have queered the pitch for energy investments. Before we address the issue of the recommended diesel vehicle ban in the recent report on energy transition, issued months before the next round of global climate talks begin in Dubai in November, let's look at what's at stake.

We want justice, culprit should be hanged: Nikki Yadav's father

We want justice, culprit should be hanged: Nikki Yadav's father

Rediff.com16 Feb 2023

Most impact among them is perhaps Nidhi, Nikki's sister who was very attached to her.

Long Term Investor? Small-Cap Funds Best Bet

Long Term Investor? Small-Cap Funds Best Bet

Rediff.com14 Sep 2022

Over longer periods of three, five and 10 years, small-cap funds have rewarded their investors handsomely.

'A TDS refund is only possible by way of...'

'A TDS refund is only possible by way of...'

Rediff.com18 Jan 2023

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.

Rupee slips below 81 against US dollar for first time

Rupee slips below 81 against US dollar for first time

Rediff.com23 Sep 2022

The rupee depreciated 44 paise and slipped below the 81-mark against the US dollar for the first time in early trade on Friday, weighed down by the strong american currency and risk-off sentiment among investors. Forex traders said escalation of geopolitical risk in Ukraine and rate hikes by the US Fed and Bank of England in a bid to contain inflation sapped risk appetite. Further, the strength of the American currency in the overseas market, a negative trend in domestic equities, and risk-off moods amid escalation of geopolitical risk in Ukraine weighed on the local unit.

Fund-raises by fintechs slowed by 47% in 2022

Fund-raises by fintechs slowed by 47% in 2022

Rediff.com20 Mar 2023

Recently, Slice, a payment app, acquired a 5 per cent stake in North East Small Finance (NESF) for $3.42 million - the first such deal by a fintech in a small finance bank. Slice (valued at $1.5 billion, and backed by Tiger Global, Blume Ventures and Axis Bank) will technically get a toehold in a scheduled commercial bank if NESF were to get a licence to morph into one down the line Such a transition is well within the banking regulator's declared framework. The transaction has to be seen in a larger context.

Chhattisgarh: CRPF jawan guns down 4 colleagues with AK-47 rifle

Chhattisgarh: CRPF jawan guns down 4 colleagues with AK-47 rifle

Rediff.com8 Nov 2021

As per preliminary information, constable Reetesh Ranjan fired at his colleagues with his service weapon, an AK-47 rifle, the official said.