News for 'business losses'

Debt To Wealth: Young People, Read This!

Debt To Wealth: Young People, Read This!

Rediff.com17 Mar 2025

'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'

Passenger vehicle sales crash 10% in Feb, 2Ws down 6%

Passenger vehicle sales crash 10% in Feb, 2Ws down 6%

Rediff.com21 Mar 2025

The meltdown in Dalal Street that wiped out investor wealth to the tune of 44 trillion in 2025 also seems to be having a ripple effect on the country's vibrant automobile retail sales.

Bulldozer action victims: 'My house was razed overnight'

Bulldozer action victims: 'My house was razed overnight'

Rediff.com14 Nov 2024

Following the Supreme Court's verdict on bulldozer action, victims of demolition drives in Uttar Pradesh are seeking compensation for their losses. The court ruled against arbitrary demolitions without prior notice, prompting victims to pursue legal action. The Uttar Pradesh government maintains that demolitions were carried out following due process and on properties built on encroached lands.

Are Trump and Musk Dismantling American Democracy?

Are Trump and Musk Dismantling American Democracy?

Rediff.com22 Feb 2025

We the people are left in the wind, waiting on the whims of an unengaged president and an oligarch with a nearly bottomless wallet, observes Sree Sreenivasan.

Piyush Goyal not against e-commerce platforms, but...

Piyush Goyal not against e-commerce platforms, but...

Rediff.com22 Aug 2024

A day after lambasting e-commerce players for predatory pricing, Union Commerce Minister Piyush Goyal on Thursday said he is not against online platforms but India wants such entities to be "fair and honest" in their conduct. Speaking with reporters in the financial capital, the outspoken Union minister said the rule of the law should be followed in letter and spirit, and made it clear that consumer preferences should not be influenced by algorithms.

'We Have Been Validated Yet Again'

'We Have Been Validated Yet Again'

Rediff.com4 Mar 2025

'The country that does most of the visual effects, more than any other country, is India.' 'There are more Indians working on VFX in any major Hollywood film than there are in Indian films.'

Why Havells India stock is likely to lose spark

Why Havells India stock is likely to lose spark

Rediff.com29 Jan 2025

Havells India, the country's largest listed consumer electrical company, reported a mixed performance in the 2024-25 (FY25) October-December quarter (Q3). While the top line benefited from festival demand, lower margins impacted operational performance.

Kerala floods: Businesses stare at a loss of over Rs 20,000 crore

Kerala floods: Businesses stare at a loss of over Rs 20,000 crore

Rediff.com20 Aug 2018

Kerala floods take a toll on small businesses, NBFCs brace for losses

ChatGPT Vs DeepSeek: The Plot Thickens

ChatGPT Vs DeepSeek: The Plot Thickens

Rediff.com18 Feb 2025

The tech community, which was getting ready to use the ChatGPT fever and raise unlimited capital for their businesses, is going to face tougher obstacles now, predicts Ajit Balakrishnan.

How to get more bang for the buck out of field agents

How to get more bang for the buck out of field agents

Rediff.com23 Jan 2025

Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?

Will China wage war over Taiwan in 2025? Xi's remark raises alarm

Will China wage war over Taiwan in 2025? Xi's remark raises alarm

Rediff.com31 Dec 2024

President Xi Jinping has said that no one can ever stop Taiwan's reunification with China as he signed off 2024 amid growing anxieties in the country over the continued slowdown of the economy and the return of Donald Trump, who has threatened to impose punitive tariffs and trade measures against Beijing in his second term.

Stand by Adani report, closure not due to threats, says Hindenburg founder

Stand by Adani report, closure not due to threats, says Hindenburg founder

Rediff.com4 Feb 2025

Activist short-seller Nathan Anderson, known for his high-profile campaigns against the likes of Adani Group, said he is closing his firm, Hindenburg Research, not because of any threat -- legal or otherwise -- and that he stands by all its reports.

Change in tack: Zomato's side ventures continue to outshine core business

Change in tack: Zomato's side ventures continue to outshine core business

Rediff.com20 Feb 2023

Key drivers of profitability for Zomato has not witnessed remarkable growth, the management believes the venture will turn profitable in the long term.

Ban Loss-Making Companies' IPOs!

Ban Loss-Making Companies' IPOs!

Rediff.com20 Oct 2022

The most important step is delivering what is needed -- a fairer IPO pricing, notes Debashis Basu.

Why Fire Insurance Is A Must!

Why Fire Insurance Is A Must!

Rediff.com17 Jan 2025

While basic policies focus on structural damage, comprehensive ones extend to household contents like furniture, electronics, clothing, and other personal belongings.

Higher volume, profitability gains for GAIL India

Higher volume, profitability gains for GAIL India

Rediff.com15 Nov 2024

GAIL India's second quarter (Q2FY25) performance met expectations.

Citi to split business, posts $8.29 bn loss

Citi to split business, posts $8.29 bn loss

Rediff.com16 Jan 2009

The Citigroup will be splitting itself into two businesses even as the financial colossus slipped deeper into the red, posting looses for the fifth straight quarter.The banking major had revenues to the tune of $5.59 billion for the December quarter, against 6.42 billion dollars in the corresponding period a year earlier.

ATMs to loans: All eyes on the road for finance world

ATMs to loans: All eyes on the road for finance world

Rediff.com6 Jan 2025

In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

Havells, Polycab flip the switch on high-voltage growth potential

Havells, Polycab flip the switch on high-voltage growth potential

Rediff.com28 Oct 2024

The July-September quarter (Q2) results for 2024-25 (FY25) from the largest listed consumer electrical solutions companies, Havells India and Polycab India, followed similar trends, demonstrating robust revenue growth while falling short of profitability expectations. Both companies witnessed overall growth in the 16-30 per cent range, but margins declined by 130-290 basis points (bps) year-on-year (Y-o-Y). Although brokerages are bullish on long-term prospects and have raised revenue projections, earnings forecasts have been revised downward due to margin pressures.

'Tata, Mahindra Will Not Allow Tesla to Dominate'

'Tata, Mahindra Will Not Allow Tesla to Dominate'

Rediff.com28 Feb 2025

'Every Indian should move to an EV, and the government should not buy any fossil fuel cars. The government should become the first driver of EV adoption.'

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Rediff.com28 Oct 2024

Bharti Airtel on Monday reported a 168 per cent year-on-year rise in consolidated net profit to Rs 3,593 crore for the September quarter, and the company unveiled top-level changes, including Gopal Vittal moving into the role of executive vice chairman on January 1, 2026. India's second-largest telco - that competes with Reliance Jio and Vodafone Idea in the Indian telecom market - clocked quarterly revenues of Rs 41,473 crore, 12 per cent higher than the year-ago period, aided by strong momentum in India and growth in Africa.

India's services sector activity slips to 10-month low in Sep

India's services sector activity slips to 10-month low in Sep

Rediff.com4 Oct 2024

India's services sector activity fell to a 10-month low in September as new businesses, international sales and output growth moderated, a monthly survey said on Friday. The seasonally adjusted HSBC India Services Business Activity Index fell from 60.9 in August to 57.7 in September, indicating that though the output registered an increase, the pace of growth was the slowest since November 2023. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

How Reddy's 'Salaar' Style Celebration Stole the Show at MCG

How Reddy's 'Salaar' Style Celebration Stole the Show at MCG

Rediff.com28 Dec 2024

The maiden Test ton celebration in Salaar style was a tribute to his father Mutyala, who watched his son rescue India from the stand behind team's dug-out.

Bajaj Fin target price hiked; stock reclaims Rs 8,000-mark after 15 months

Bajaj Fin target price hiked; stock reclaims Rs 8,000-mark after 15 months

Rediff.com31 Jan 2025

Shares of Bajaj Finance surged over 6 per cent on Thursday after the diversified non-banking finance company reported an 18 per cent increase in consolidated net profit to Rs 4,308 crore for the December quarter. The stock rallied 6.33 per cent intraday to touch Rs 8,249.95 - a 52-week high -- on the BSE.

'Pakistan Has Come A Long Way Since March 3, 2009'

'Pakistan Has Come A Long Way Since March 3, 2009'

Rediff.com22 Feb 2025

'International cricket is incomplete without Pakistan.'

'India Has Maths Talent To Lead AI Research'

'India Has Maths Talent To Lead AI Research'

Rediff.com9 Jan 2025

'India has the maths talent, academic institutions, and research institutions to do the next big thing.'

Survey not in favour of over 60-hr work week

Survey not in favour of over 60-hr work week

Rediff.com31 Jan 2025

Amid a debate over 70-90-hour work week, the pre-Budget Economic Survey on Friday cited studies to state that spending over 60 hours a week on work could have adverse health effects. The survey noted that spending long hours at one's desk is detrimental to mental well-being and individuals who spend 12 or more hours (per day) at a desk have distressed or struggling levels of mental well-being.

Can Insurers Invest In Bima Sugam India?

Can Insurers Invest In Bima Sugam India?

Rediff.com24 Feb 2025

'Investment by insurers in the Bima Sugam India Federation is illegal as it is a private limited company.'

Tributes pour in for Tata's 'Ratan'

Tributes pour in for Tata's 'Ratan'

Rediff.com10 Oct 2024

Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.

Equity MF inflows grew 14% in Dec; small and mid-cap fund bets at record highs

Equity MF inflows grew 14% in Dec; small and mid-cap fund bets at record highs

Rediff.com9 Jan 2025

Inflows into mutual funds' equity schemes increased by over 14 per cent on-month to Rs 41,156 crore in December, even as market volatilities continued. The small and midcap schemes of mutual funds continued to attract investor interest with inflows touching record highs during the month, despite the concerns being expressed about the two segments for the risk they portend, industry body Amfi said.

Working hours to increase from 70 or 90 hrs per week? Govt says...

Working hours to increase from 70 or 90 hrs per week? Govt says...

Rediff.com3 Feb 2025

The take by the Economic Survey 2024-25 on work hour week had come weeks after Larsen & Toubro Ltd Chairman and Managing Director SN Subrahmanyan sparked off a raging debate on social media when he said employees should work 90-hour a week, including on Sundays rather than sit at home.

Trump-Putin Bonhomie: Checkmate Xi?

Trump-Putin Bonhomie: Checkmate Xi?

Rediff.com1 Mar 2025

The US move to align with Russia is prompted by fear of a Sino-Russian joint threat. Russia, fully aware of its military vulnerability vis a vis China may cautiously welcome the American move, assesses Colonel Anil A Athale (retd).

Mid, Smallcap Stocks In Bear Market

Mid, Smallcap Stocks In Bear Market

Rediff.com28 Nov 2024

'Investors may have made money in mid and smallcaps due to market momentum, but now they need to focus on fundamentals.'

ED conducts multi-state raids on lottery king Santiago Martin

ED conducts multi-state raids on lottery king Santiago Martin

Rediff.com14 Nov 2024

The Enforcement Directorate (ED) conducted searches against Chennai-based 'lottery king' Santiago Martin, the single biggest donor to political parties with over Rs 1,300 crore in electoral bonds, as part of a money laundering investigation. The action comes after the Madras High Court allowed the ED to proceed against Martin following a police decision to close the initial FIR against him.

Govt has no business to be in business: Modi

Govt has no business to be in business: Modi

Rediff.com24 Feb 2021

Prime Minister Narendra Modi on Wednesday said the government has no business to be in business and his administration is committed to privatising all PSUs barring the bare minimum in four strategic sectors. "It is government's duty to support enterprises and businesses. But it is not essential that it should own and run enterprises," he said. Modi also said the Centre's policy is to either monetise or modernise public sector enterprises, with the intent that the government has "no business to be in business".

Before You Buy Cancer Insurance...

Before You Buy Cancer Insurance...

Rediff.com21 Jan 2025

Purchase health insurance early while you are disease-free. 'It might become very difficult to get a comprehensive health cover for someone who has already had cancer.'

HIL: Toofans stumble after Anderson's record goal

HIL: Toofans stumble after Anderson's record goal

Rediff.com28 Jan 2025

Jacob Anderson scored the fastest goal in the Hockey India League history, but it went in vain as the Hyderabad Toofans lost to Team Gonasika in the shootout.

Will Singham Again Restore PVR's Profits

Will Singham Again Restore PVR's Profits

Rediff.com16 Oct 2024

>The success of Stree 2, which emerged as the highest-grossing Hindi film, was significant to PVR Inox's performance in the July-September quarter.

RBI lens on 8 fintech companies in P2P lending space

RBI lens on 8 fintech companies in P2P lending space

Rediff.com28 Jan 2025

Currently there are 26 licensed players in the P2P lending sector but only 10-11 are actively operating.

As govt subsidy stops, 7 electric two-wheeler firms suffered over Rs 9,000 cr loss

As govt subsidy stops, 7 electric two-wheeler firms suffered over Rs 9,000 cr loss

Rediff.com9 Aug 2023

Seven electric two-wheeler companies have suffered a cumulative loss of over Rs 9,000 crore on account of unpaid dues and loss of market after their subsidies were stopped last year, the Society of Manufacturers of Electric Vehicles (SMEV) said on Wednesday. These companies have also been directed by the govt to refund the subsidies availed by them. The audit by SMEV's chartered accountants indicates the total, cumulative damages to affected companies could account for over Rs 9,000 crore on a conservative basis, it noted.