News for 'Xavier'

600 Crore IPO Fees Light Up Diwali For I-Bankers

600 Crore IPO Fees Light Up Diwali For I-Bankers

Rediff.com24 Oct 2025

With several $500 million-plus deals in the pipeline -- including ICICI Prudential AMC, Lenskart, PhonePe, Groww, PhysicsWallah, Meesho, Pine Labs, and Zepto -- investment bankers look poised for another year of hefty bonuses in 2025.

Non-metro cities fuel India's online Diwali sales

Non-metro cities fuel India's online Diwali sales

Rediff.com20 Oct 2025

Non-metro cities drove this year's online Diwali shopping boom, accounting for nearly three-quarters of total e-commerce volume, with tier 3 cities contributing over 50 per cent, according to industry data. As per the industry data analysis of over 4.25 crore shipments by logistics intelligence platform ClickPost, these regions now represent the fastest and largest drivers of festive e-commerce, solidifying non-metro India's role as the epicentre of order volumes and growth.

Persistent's premium valuations hinge on sustaining growth momentum

Persistent's premium valuations hinge on sustaining growth momentum

Rediff.com29 Oct 2025

The stock of mid-tier information technology (IT) major Persistent Systems has been one of the outperformers in the IT pack with a return of 5.3 per cent over the last year, while its peer index, the Nifty IT, is down 16.2 per cent over the same period. The strong September quarter (Q2FY26) result and upgrades by brokerages are positive but its ability to sustain growth momentum in a weak macroeconomic environment will be key for future gains. At the current levels, the stock is trading at a premium valuation of 38 times its FY27 earnings estimates.

Gill reflects on what went wrong in Adelaide

Gill reflects on what went wrong in Adelaide

Rediff.com23 Oct 2025

India captain Shubman Gill admitted that dropped catches and a total which was just adequate cost his side dearly as Australia clinched the ODI series with a disciplined all-round performance in Adelaide on Thursday.

'GST 2.0 Boost For Insurance Industry'

'GST 2.0 Boost For Insurance Industry'

Rediff.com25 Oct 2025

'It will support our growth aspirations. It's very positive as it helps expand the market in a segment that really needs it.'

'Govt And Banks Want Private Investment To Return In Force'

'Govt And Banks Want Private Investment To Return In Force'

Rediff.com3 Nov 2025

'Corporates now have multiple funding sources beyond banks, and many are sitting on large cash reserves.'

Pregnant woman beaten to death over dowry by husband, in-laws

Pregnant woman beaten to death over dowry by husband, in-laws

Rediff.com5 Oct 2025

A pregnant woman was allegedly beaten to death by her husband and in-laws in Mainpuri, Uttar Pradesh, over dowry demands. Police have registered a case and are searching for the accused.

India's Housing Finance Sector Hits Home Run

India's Housing Finance Sector Hits Home Run

Rediff.com29 Oct 2025

India's housing finance sector is riding a wave of post-pandemic revival, driven by policy support, digital innovation, and growing demand from younger homebuyers in emerging cities.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com20 Oct 2025

Equity market investors would track global trends, foreign fund movement and quarterly earnings in a holiday-shortened week ahead, analysts said. Stock exchanges BSE and NSE will conduct a special Muhurat trading session on Tuesday, October 21.

Maha woman doctor ends life, note on palm alleges rape by cop

Maha woman doctor ends life, note on palm alleges rape by cop

Rediff.com24 Oct 2025

A woman doctor of a government hospital allegedly died by suicide in Maharashtra's Satara district, leaving behind a note accusing two police personnel of rape and mental harassment, police said on Friday.

Freshers Back in Demand At IT Majors

Freshers Back in Demand At IT Majors

Rediff.com23 Oct 2025

Infosys, HCL, Wipro ramp up fresher intake as AI reshapes skills demand and hiring shifts from 'hire to train' to 'train to hire'.

Ola Electric founder booked after employee's suicide

Ola Electric founder booked after employee's suicide

Rediff.com20 Oct 2025

A case has been registered against the founder of Ola Electric and other senior officials following the suicide of an engineer who accused them of harassment and non-payment of dues.

India's IT hiring stabilises in H1 FY26, campus intake improves

India's IT hiring stabilises in H1 FY26, campus intake improves

Rediff.com21 Oct 2025

After several muted quarters, India's IT sector hiring stabilised in the first half of FY 2025-26 as hiring patterns improved, following a reasonable rise in the recruitment of freshers and mid-senior level professionals, HR solutions provider Adecco India said on Tuesday.

At least 2 Indian banks should be in global top 20: PSB chiefs

At least 2 Indian banks should be in global top 20: PSB chiefs

Rediff.com30 Oct 2025

Batting for further consolidation in public sector banking, the executives of top public sector banks (PSBs) said there should be at least two Indian banking entities among the top 20 global banks.

'Rising loan appeal hits corporate bond market's momentum'

'Rising loan appeal hits corporate bond market's momentum'

Rediff.com30 Oct 2025

India's corporate bond market, driven by public sector undertaking (PSU) banks and financial institutions last year, is losing momentum since the second quarter of FY26.

Digital Rupee Faces Delay Over Banks' Tech Hurdles

Digital Rupee Faces Delay Over Banks' Tech Hurdles

Rediff.com21 Oct 2025

'There are no additional benefits for banks and market participants to use CBDC...'

EPFO extends deadline for filing EPF return till Oct 22

EPFO extends deadline for filing EPF return till Oct 22

Rediff.com13 Oct 2025

Retirement fund body EPFO has extended the deadline for filing EPF return or ECR (electronic challan-cum-return) by one week for the wage month of September till October 22, 2025. The employers are mandated to file the ECR by the 15th of every month.

Mutual funds' cash holding fell in Sep amid decline in inflows

Mutual funds' cash holding fell in Sep amid decline in inflows

Rediff.com17 Oct 2025

Cash holdings of equity mutual fund (MF) schemes moderated in September amid a slowdown in fresh inflows. Equity MF schemes held cash worth Rs 1.76 trillion at the end of September 2025 - about Rs 400 crore lower than the previous month, according to a report by Nuvama Alternative & Quantitative Research.

'I'm 48. My Kids Don't Want Me to Remarry'

'I'm 48. My Kids Don't Want Me to Remarry'

Rediff.com21 Oct 2025

rediffGURU Ravi Mittal, CEO, Quack Quack, suggests how to choose between your happiness and your children.

Australia announce ODI, T20I squads for India series

Australia announce ODI, T20I squads for India series

Rediff.com7 Oct 2025

The Aussies also named a 14-player group for the first two T20I matches against India, with Nathan Ellis and Josh Inglis earning recalls after they missed the recent T20I series with South Africa.

PIX: Hazlewood fires Australia to victory in 2nd T20

PIX: Hazlewood fires Australia to victory in 2nd T20

Rediff.com31 Oct 2025

Josh Hazlewood clinically dismantled a famed Indian top-order with a probing spell to kill the contest as Australia cantered to a four-wicket victory in the second T20 International.

Digital arrests strike at trust and faith of people in law: SC

Digital arrests strike at trust and faith of people in law: SC

Rediff.com17 Oct 2025

The Supreme Court has taken serious note of the digital arrest of a senior citizen couple in Haryana based on forged orders, highlighting the rising number of such cases and seeking responses from the Centre and CBI.

GST mop-up rises 9% to Rs 1.89 lakh cr in Sep

GST mop-up rises 9% to Rs 1.89 lakh cr in Sep

Rediff.com1 Oct 2025

Gross GST collection rose 9.1 per cent to over Rs 1.89 lakh crore in September on the back of increased sales due to rate rationalisation, as per government data released on Wednesday.

Satish Shah's Emotional Last Journey

Satish Shah's Emotional Last Journey

Rediff.com27 Oct 2025

'He was a joyful man. He was always content with his life and never ran after money.'

'Banks Need To Reinvent Themselves'

'Banks Need To Reinvent Themselves'

Rediff.com3 Nov 2025

'Reinvention is not a hugely difficult task. With technology as available today, you can reinvent yourself pretty quickly.'

'My Partner's Friends Call Me Aunty. Should I...'

'My Partner's Friends Call Me Aunty. Should I...'

Rediff.com15 Oct 2025

rediffGURU Dr Upneet Kaur, a therapist and marriage counsellor, advises a working professional about how to deal with age gap in a relationship.

Who Will Gain How Much If Tata Sons Goes Public?

Who Will Gain How Much If Tata Sons Goes Public?

Rediff.com23 Oct 2025

Seven listed Tata companies together own 12.1 per cent in Tata Sons with a combined book value worth around Rs 30,700 crore.

'On Track For GDP Growth Exceeding 6.8%'

'On Track For GDP Growth Exceeding 6.8%'

Rediff.com3 Nov 2025

'I will not be surprised if there is a 7 per cent handle in front of the decimal place for the full financial year.'

India makes 85% of digital payment through UPI: RBI Guv Malhotra

India makes 85% of digital payment through UPI: RBI Guv Malhotra

Rediff.com16 Oct 2025

About 85 per cent of the digital payment transactions take place through UPI in India, and the country can be a case study in inclusive, secure, and scalable Digital Public Platforms (DPPs), Reserve Bank Governor Sanjay Malhotra has said. He was speaking at a "High-Level Dialogue on Forging Economic Resilience through Digital Public Platforms" organised by RBI on the sidelines of the Annual Meetings of the World Bank and International Monetary Fund in Washington, DC on Tuesday.

Why ecom platforms are under govt lens

Why ecom platforms are under govt lens

Rediff.com4 Oct 2025

The Ministry of Consumer Affairs is looking into complaints of additional charges being levied by ecommerce platforms when customers choose cash-on-delivery (COD) option instead of paying while ordering items. "The Department of Consumer Affairs has received complaints against ecommerce platforms charging extra for cash-on-delivery, a practice classified as a dark pattern that misleads and exploits consumers," Pralhad Joshi, Union minister of consumer affairs, wrote on X on Friday afternoon.

Minor tribal girl forcibly married, mother gets Rs 50,000

Minor tribal girl forcibly married, mother gets Rs 50,000

Rediff.com3 Oct 2025

Police in Palghar, Maharashtra, have registered a case against five individuals involved in the marriage of a 16-year-old minor tribal girl. The case involves charges of rape, human trafficking, harassment, and violations of the POCSO Act, Prohibition of Child Marriage Act, and the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act.

PIX: Australia snap India's 17-year ODI streak in Adelaide

PIX: Australia snap India's 17-year ODI streak in Adelaide

Rediff.com23 Oct 2025

'It was good fun. I was obviously really nervous. Super stoked for the boys to get the win.'

PE inflow in Indian real estate drops 15% in Q2

PE inflow in Indian real estate drops 15% in Q2

Rediff.com11 Oct 2025

Private equity investments in Indian real estate dropped 15 per cent in July-September to USD 819 million amid global uncertainties, according to property consultant Anarock.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com12 Oct 2025

Stock market investors this week would track the renewed tariff tensions between the US and China, domestic inflation data, besides, quarterly earnings from blue-chips HCL Tech, Infosys and Reliance Industries would also drive the momentum in equities, analysts said.

Developers could buck housing slowdown in Q2

Developers could buck housing slowdown in Q2

Rediff.com22 Oct 2025

Top real estate developers are expected to report improved earnings and resilient presales growth, even as overall housing sales across major Indian cities declined during the July-September quarter (Q2) of 2025-26. The anticipated earnings growth in what is typically a subdued quarter is credited to steady sustenance sales, improved collections, the strong positioning of listed developers, and sustained demand for premium homes.

CERC staffers reportedly earned Rs 173 cr via insider trading

CERC staffers reportedly earned Rs 173 cr via insider trading

Rediff.com17 Oct 2025

CERC, which has a key role in India's power sector, has also set up a committee to gather further evidence in the matter and take suitable action.

Why US-China Face-Off Is Advantage India

Why US-China Face-Off Is Advantage India

Rediff.com29 Oct 2025

Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay Shah.

NPS: MSF Makes Investing Simpler, Smarter

NPS: MSF Makes Investing Simpler, Smarter

Rediff.com27 Oct 2025

Those who have long retirement horizons of 15 to 20 years and seek higher long-term returns may opt for MSF. Investors nearing retirement (under 10 years) or those with low risk tolerance should stay away.

India in active dialogue for trade pact with US, EU, Oman: Goyal

India in active dialogue for trade pact with US, EU, Oman: Goyal

Rediff.com16 Oct 2025

India has implemented a number of free trade agreements with developed nations and is in active dialogue for such pacts with nations including the US, Oman, and the EU, Commerce and Industry Minister Piyush Goyal said. India has implemented trade pacts with Australia, the UAE and EFTA bloc. It has also signed an agreement with the UK.

Last Dance Down Under: Ro-Ko set for Australian swansong

Last Dance Down Under: Ro-Ko set for Australian swansong

Rediff.com24 Oct 2025

With no ODI series in Australia in the next two years, it is impossible to think that the legendary duo will again be seen Down Under in India blues.