News for 'construction company'

Value mutual funds attract Rs 1,556 cr inflow in Jan

Value mutual funds attract Rs 1,556 cr inflow in Jan

Rediff.com13 Feb 2025

Investor confidence in value mutual funds remains robust, with the category witnessing an inflow of Rs 1,556 crore in January, indicating a shift in their focus towards fundamentally strong yet undervalued stocks.

Strong investor interest drives value mutual fund inflows to Rs 22,757 cr in 2024

Strong investor interest drives value mutual fund inflows to Rs 22,757 cr in 2024

Rediff.com30 Jan 2025

Value mutual funds have witnessed robust investor interest, garnering Rs 22,757 crore in inflows in 2024, nearly double the amount seen in 2023, fueled by impressive returns generated by the segment. This surge reflects a shift in investor focus towards fundamentally strong yet undervalued stocks.

New Govt Infrastructure Projects Down by Over 20% in December Quarter

New Govt Infrastructure Projects Down by Over 20% in December Quarter

Rediff.com15 Jan 2025

Both new and completed project values as of December 2024 remain below pre-pandemic levels seen in 2019.

Central Vista: Rs 2,600 cr for non-residential office buildings construction

Central Vista: Rs 2,600 cr for non-residential office buildings construction

Rediff.com1 Feb 2022

A sum of Rs 2,600.99 has been been allocated for the construction of non-residential office buildings, including the Parliament and Supreme Court of India. For residential purposes, the ministry has been given Rs 873.02 crore.

'How Will I Survive Without My Monthly Withdrawals?'

'How Will I Survive Without My Monthly Withdrawals?'

Rediff.com24 Feb 2025

'I don't know when I will be able to access those funds.'

'There is a slowdown in the economy'

'There is a slowdown in the economy'

Rediff.com7 Feb 2025

'I believe that the overall demand for commercial vehicles will improve, even though there is a slowdown in the GDP.'

Bengaluru leads as top job hub with 9.3% salary growth: Report

Bengaluru leads as top job hub with 9.3% salary growth: Report

Rediff.com24 Oct 2024

Bengaluru dominated as the country's top city for job opportunities and salary growth as it has registered a 9.3 per cent year-on-year increase, closely followed by Chennai and Delhi, a report said on Thursday. This growth underlines Bengaluru's reputation as a technology and business hub as the average monthly unified salary in the city stood at Rs 29,500, making it the highest-paying city in the country, according to TeamLease Services Jobs and Salaries Primer report for FY24. The report is based on an analysis of unified salaries across temporary and permanent hiring markets.

Bridge collapse: Bihar govt moves to act against contractor firm

Bridge collapse: Bihar govt moves to act against contractor firm

Rediff.com6 Jun 2023

"The Haryana-based company, which was awarded the contract, has been served with a show cause notice by the managing director of Bihar Rajya Pul Nirman Nigam and asked to reply within 15 days," Amrit told PTI.

Want Higher MF Returns? Consider Momentum Investing

Want Higher MF Returns? Consider Momentum Investing

Rediff.com18 Mar 2025

Dwaipayan Bose explains what momentum investing is, how it works, why it generates higher returns and has higher wealth creation potential.

Budget Impact: 10 Largecaps To Look Out For

Budget Impact: 10 Largecaps To Look Out For

Rediff.com4 Feb 2025

10 largecaps stocks which stand to gain from the Budget.

Tariff war escalates: China warns US of countermeasures, plans WTO suit

Tariff war escalates: China warns US of countermeasures, plans WTO suit

Rediff.com2 Feb 2025

In a statement, the Chinese ministry of commerce said that it would file a lawsuit with the World Trade Organisation against the US for its "wrongful practice," the Global Times reported.

'Employees are looking for a stable career rather than jumping from one company to another'

'Employees are looking for a stable career rather than jumping from one company to another'

Rediff.com27 Feb 2023

'Those who want stability in life have started looking at opportunities outside of the start-up ecosystem.'

IPO rush: 8 cos looking to raise Rs 60,000 cr in Oct-Nov

IPO rush: 8 cos looking to raise Rs 60,000 cr in Oct-Nov

Rediff.com29 Sep 2024

The primary market will remain abuzz with more than half a dozen companies, including Hyundai Motor India, Swiggy, and NTPC Green Energy, lined up initial public offerings over the next two months to raise around Rs 60,000 crore, merchant bankers said. Apart from these three firms, Afcons Infrastructure, Waaree Energies, Niva Bupa Health Insurance, One Mobikwik Systems, and Garuda Construction are among the companies planning to launch initial public offerings (IPOs) during October-November, they added. Together, these firms are looking to raise Rs 60,000 crore through their IPOs.

Oscar-Nominated Movies Rule OTT

Oscar-Nominated Movies Rule OTT

Rediff.com28 Feb 2025

Women power, rebellious love, shady godmen, love triangles and more on OTT. Sukanya Verma lists everything coming up on OTT this week.

T'gana tunnel collapse: Govt hopes to end rescue ops in 2 days

T'gana tunnel collapse: Govt hopes to end rescue ops in 2 days

Rediff.com26 Feb 2025

A team of experts involved in rescuing eight people trapped in a partially collapsed tunnel in Telangana have reached the end of the tunnel, but debris is hindering further progress. The rescue operation, described as one of the most complex in the world, continues with experts from the Indian Army, Navy, NDRF, and GSI working tirelessly to find a breakthrough. Despite continuous efforts and oxygen pumping, there has been no contact with the trapped individuals.

Will Trump-Putin Reach A Deal On Ukraine?

Will Trump-Putin Reach A Deal On Ukraine?

Rediff.com2 Apr 2025

Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.

H-1B visa: Musk, Ramaswamy face Trump supporter's wrath

H-1B visa: Musk, Ramaswamy face Trump supporter's wrath

Rediff.com28 Dec 2024

A major divide has emerged within Donald Trump's MAGA team in the United States, as Elon Musk and Vivek Ramaswamy who advocated for the expansion of the visa program for 'highly skilled workers' faced heavy backlash from within President-elect's base, CNN reported.

Electoral Bonds: The Quid Pro Quo Factor

Electoral Bonds: The Quid Pro Quo Factor

Rediff.com3 Apr 2024

Which entrepreneur would willingly part with her or his hard-earned money for grasping, self-serving politicians? asks Debashis Basu.

Third 700MW Reactor Achieved Criticality

Third 700MW Reactor Achieved Criticality

Rediff.com20 Sep 2024

With this, the unit has exited the construction phase and began the operational phase.

Govt to open nuclear power sector for private participation

Govt to open nuclear power sector for private participation

Rediff.com1 Feb 2025

Ushering in reforms, Union Finance Minister Nirmala Sitharaman on Saturday proposed to open up the nuclear power sector for private players and announced a Rs 20,000 crore Nuclear Energy Mission for research in the field, with an aim to set up five small and modular reactors by 2033.

Increase in room rates, higher occupancy to drive gains for Indian Hotels

Increase in room rates, higher occupancy to drive gains for Indian Hotels

Rediff.com28 Jan 2025

Indian Hotels reported strong consolidated revenue growth of 29 per cent year-on-year (Y-o-Y) in the third quarter of the current financial year (Q3FY25), led by revenue per available room, or RevPAR, growth of 15 per cent. The average room rate, or ARR, was up 13 per cent and occupancy improved 120 basis points (bps) Y-o-Y on a standalone business. Like-for-like revenue growth was 15 per cent Y-o-Y, while TajSats (airline catering) grew by 18 per cent Y-o-Y.

Companies stay away from IPO market

Companies stay away from IPO market

Rediff.com20 May 2008

When markets are topsy-turvy, everyone -- including the companies' management, merchant bankers, retail and institutional investors -- chickens out.

India hopes for temporary tariff waiver as US official comes calling

India hopes for temporary tariff waiver as US official comes calling

Rediff.com24 Mar 2025

India and the United States will finalize the contours, schedule of negotiations, and terms of reference for a proposed bilateral trade agreement (BTA) during a three-day meeting beginning Tuesday. The agreement is expected to be finalized in two tranches, with the first phase focusing on goods trade. The US team, led by Assistant US Trade Representative for South and Central Asia Brendan Lynch, will be in India from March 25-29 to discuss the agreement. Both countries are aiming to conclude the first phase of the agreement by fall 2025.

Bangladesh launches $5 billion graft probe against Hasina

Bangladesh launches $5 billion graft probe against Hasina

Rediff.com24 Dec 2024

An anti-graft panel in Bangladesh has launched an investigation against former prime minister Sheikh Hasina and her family in connection with the allegations of embezzling $5 billion in the Rooppur nuclear power plant, according to a media report.

Flying out of Delhi could soon get very expensive!

Flying out of Delhi could soon get very expensive!

Rediff.com27 Feb 2025

GMR Group-led DIAL, which manages and operates India's largest airport, recently requested the AERA to double the user development fee (UDF) for international business and first-class travellers compared to economy and premium economy over the next four years. It has also sought higher UDF for all domestic passengers flying during peak hours -- 5 am-8:55 am and 5 pm-8:55 pm.

Pak conducted artillery tests near LoC: Officials

Pak conducted artillery tests near LoC: Officials

Rediff.com3 Nov 2024

This comes as the neighbouring country strengthens defence ties with Gulf and Western European countries, and its long-standing ally Turkiye, the officials said.

A Labourer's Daughter Is World Champion

A Labourer's Daughter Is World Champion

Rediff.com1 Feb 2025

When Kasturi Rajamurty won a gold medal in powerlifting at the WPPL World Cup in Russia, she sure had come a long way. From a life of penury to constantly being short of funds to fuel her passion, she had finally triumphed, and how.

Fire, engineering insurance premiums likely to move up by 60% in 2025

Fire, engineering insurance premiums likely to move up by 60% in 2025

Rediff.com31 Dec 2024

In 2025, Indian firms may face higher premiums for fire and engineering insurance covers as reinsurers are likely to revise rates due to rising claims from catastrophic events and higher loss ratios, according to people in the know.

Large portion of Mumbai road caves in, vehicles trapped

Large portion of Mumbai road caves in, vehicles trapped

Rediff.com5 Jul 2023

A huge portion of a road caved in on Wednesday morning in Mumbai's Chunabhatti area, trapping several vehicles parked there, officials said.

Life insurers turn to policies with high value

Life insurers turn to policies with high value

Rediff.com23 Nov 2024

Life insurers shifted their focus to selling high-value policies in October as the transition to new surrender value norms, effective October 1, limited their ability to roll out all products in their portfolio. This led to a 40 per cent year-on-year (Y-o-Y) drop in the number of policies sold in October. Additionally, distributors engaged in a fire sale of policies in September due to uncertainty about the impact of the new norms on their commission structures.

'Coming Months Could Be Eventful For Markets'

'Coming Months Could Be Eventful For Markets'

Rediff.com15 Jan 2025

'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'

'Maritime Development Fund to generate Rs 1.5 trillion investment by 2030'

'Maritime Development Fund to generate Rs 1.5 trillion investment by 2030'

Rediff.com17 Feb 2025

'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'

Noida airport faces delay, to start commercial flights by April 2025

Noida airport faces delay, to start commercial flights by April 2025

Rediff.com25 Jun 2024

Being touted as a competitor to the country's busiest Delhi airport -- which handles approximately 1,200 flights a day -- the Noida airport was expected to start flight operations by the end of this year. But supply-chain disruption, caused by pandemic and subsequent global upheaval, has hit the pace of construction at the airport which is coming up in the Jewar area of UP's Gautam Budh Nagar, some 75-km from the Delhi airport.

Budget 2025: Consumption-related stocks likely to see further gains

Budget 2025: Consumption-related stocks likely to see further gains

Rediff.com3 Feb 2025

Market reaction to the Union Budget was overall neutral. The income tax "gift" wasn't enough to move the needle. There was some apparent rationalisation of Customs duty structure as well as cuts on import duties of some key components for the telecom and IT industry and duty cuts on vehicle imports. Other proposals related to development of agriculture and rural economy and renewables seem to be generally positive.

Engineering & construction sector: 10 cos likely to see solid growth in FY24

Engineering & construction sector: 10 cos likely to see solid growth in FY24

Rediff.com20 Jan 2023

The engineering and construction (E&C) sector delivered an excellent performance in the last two financial years (FY2021-22 or FY22 and FY23's nine-months) and there's reason to believe that FY24 will also see outperformance. The sector has emerged from the pandemic with stronger balance sheets and more rational cost structures. It has a big order book and it should see new order flows accelerate in FY24.

Private consumption is back; to boost economy: RBI Bulletin

Private consumption is back; to boost economy: RBI Bulletin

Rediff.com20 Nov 2024

Private consumption is back driven by festive spending, and the medium-term economic outlook remains bullish as the innate strength of the macro-fundamentals reasserts itself, the Reserve Bank Bulletin said on Wednesday. Global economic activity remained resilient during Q4:2024 amidst fragile confidence and rising protectionism, said an article on 'State of the Economy' published in the November Bulletin.

Slowing credit growth, margin pressure await banks in 2025

Slowing credit growth, margin pressure await banks in 2025

Rediff.com1 Jan 2025

In 2025 banks are in for challenges such as pressure on margins and slowing credit growth. With the likelihood of a repo rate cut in February or April, external benchmark-linked loans of banks will be repriced immediately. However, deposit rates are expected to adjust more gradually, which could impact the net interest margin (NIM) - a key measure of profitability for banks.

WEF lists highest and lowest growing jobs

WEF lists highest and lowest growing jobs

Rediff.com8 Jan 2025

Farm workers and drivers will figure among the fastest growing jobs over the next five years, while roles of cashiers and ticket clerks will see the largest decline, a new study showed on Wednesday. In its Future of Jobs Report 2025, the World Economic Forum (WEF) also said that 170 million new jobs will be created by 2030, while 92 million are projected to be displaced, resulting in 78 million net new jobs.

Why are writers protesting UK's bulldozer maker JCB?

Why are writers protesting UK's bulldozer maker JCB?

Rediff.com21 Nov 2024

Over 100 writers, translators, and publishers have signed an open letter accusing the "JCB Prize for Literature" of hypocrisy, highlighting the British bulldozer manufacturer's role in demolitions across India and Palestine. They argue that the JCB's involvement in these projects contradicts its purported support for marginalized and diverse writers. The letter was released ahead of the announcement of the JCB Prize for Literature winners on November 23.

Tata's Rs 27K-cr Assam chip plant to start in 2025; create 27K jobs initially

Tata's Rs 27K-cr Assam chip plant to start in 2025; create 27K jobs initially

Rediff.com3 Aug 2024

Tata Electronics on Saturday began the construction of its Rs 27,000-crore chip assembly plant in Assam, which is expected to become operational next year and create 27,000 jobs initially. The plant will produce 4.83 crore chips per day using indigenously-developed technologies. The plant's Bhumi Pujan (foundation stone laying) ceremony was held at the project site at Jagiroad in Morigaon district in the presence of Assam Chief Minister Himanta Biswa Sarma and Tata Sons Chairman N Chandrasekaran.