News for 'discounts'

Investing in IPOs? Read this

Investing in IPOs? Read this

Rediff.com18 Sep 2024

IPOs inherently carry more risks than stocks that have been listed on the exchanges for some time.

Money Courses To Help Earn Up To Rs 2 Cr

Money Courses To Help Earn Up To Rs 2 Cr

Rediff.com13 Sep 2024

Pratham Barot, CEO and co-founder, Zell Education, explains how specialised courses in finance can help you earn a cushy six-figure salary.

Will Modi Achieve A Cease Fire In Ukraine?

Will Modi Achieve A Cease Fire In Ukraine?

Rediff.com21 Aug 2024

Ukraine is currently in the middle of a strategic offensive into Russia's Kursk region.

Hero MotoCorp to vroom on new launches and uptick in rural growth

Hero MotoCorp to vroom on new launches and uptick in rural growth

Rediff.com23 Aug 2024

Hero MotoCorp (HMCL) saw strong volume performance in the first quarter of the current financial year (Q1FY25), but margins disappointed due to weak spare part sales and negative electric vehicle (EV) margins. The company hopes for a strong festive season due to better rural sentiment. Revenue grew 16 per cent year-on-year (Y-o-Y) to Rs 10,140 crore, operating profit was up 21 per cent to Rs 1,460 crore, and adjusted net profit grew 19 per cent Y-o-Y to Rs 1,120 crore.

Strong growth prospects, mixed valuations seen for Info Edge stock

Strong growth prospects, mixed valuations seen for Info Edge stock

Rediff.com21 Aug 2024

Info Edge (India), the country's leading consumer internet company known for its platforms in recruitment (naukri.com), real estate (99acres.com), matrimony (jeevansathi.com) and education (shiksha.com) space, delivered revenue growth in line with expectations in the April-June quarter (Q1) of FY25.

Policy, valuations could keep rural stocks in play post-2024 polls result

Policy, valuations could keep rural stocks in play post-2024 polls result

Rediff.com13 Jun 2024

Most brokerages are betting that the new government will shift to a policy focussing on boosting rural incomes and consumption since that has clearly been a pain point.

7 Ways Gita Can Help Achieve Peaceful Retirement

7 Ways Gita Can Help Achieve Peaceful Retirement

Rediff.com20 Jun 2024

Vatsal Ramaiya draws wisdom from the Bhagvad Gita and correlates it to how you can build a decent corpus to achieve a peaceful retirement.

Valuations factor in strong earnings growth for TVS Motor

Valuations factor in strong earnings growth for TVS Motor

Rediff.com19 Aug 2024

TVS Motor Company met expectations in terms of revenue and posted a strong margin performance in Q1FY25. The key drivers were material cost savings and a better mix. The domestic demand outlook looks good with a rural rebound but geopolitical uncertainties in key export markets may dent overall growth.

Railways to offer up to 25% discount in some Shatabdi trains

Railways to offer up to 25% discount in some Shatabdi trains

Rediff.com27 Aug 2019

The discount will be given on the base fare and charges like GST, reservation fee, superfast tariff and others will be levied separately.

Hero MotoCorp's growth mileage: Rural recovery to power market share ride

Hero MotoCorp's growth mileage: Rural recovery to power market share ride

Rediff.com17 Jun 2024

Hero MotoCorp, a major player in the two-wheeler market, has seen a 9 per cent rise in its stock since the beginning of the month. This increase, driven by the largest motorcycle company by volume, is attributed to expectations of a revival in rural sales due to normal monsoons, government measures to boost consumption, recent market share gains, and a large valuation discount compared to peers. In the near term, the company's volume performance and growth trajectory, particularly in rural markets and entry-level segments, are expected to be key drivers.

When To Invest In Debt Funds

When To Invest In Debt Funds

Rediff.com9 Aug 2024

To minimise risk, invest in a debt fund whose duration matches your investment timeframe.

Investors pin hope on govt support amid under-recoveries of BPCL, HPCL

Investors pin hope on govt support amid under-recoveries of BPCL, HPCL

Rediff.com7 Aug 2024

The market responded positively to the Q1 results of oil marketing companies (OMCs), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) despite numbers being weaker than consensus. BPCL's reported gross refining margin (GRM) was in line at $7.9 per barrel (bbl) in Q1FY25, which implies marketing margin stood at Rs 4.8 per litre. Standalone profit after tax or PAT at Rs 3,000 crore was down versus consensus due to under-recoveries in LPG business.

PV sales in June skid 7% on heatwave woes

PV sales in June skid 7% on heatwave woes

Rediff.com5 Jul 2024

Passenger vehicle retail sales in India witnessed a 7 per cent on-year decline in June as severe heatwave conditions resulted in 15 per cent less showroom walk-ins, industry body FADA said on Friday. Overall passenger vehicle registrations stood at 2,81,566 units last month, as compared to 3,02,000 units in June 2023. "Despite improved product availability and substantial discounts aimed at stimulating demand, market sentiment remains subdued due to extreme heat resulting in 15 per cent less walk-ins and delayed monsoons," the Federation of Automobile Dealers Associations (FADA) president Manish Raj Singhania said in a statement.

Air India offers 'hefty discounts' on last-minute bookings

Air India offers 'hefty discounts' on last-minute bookings

Rediff.com10 May 2019

Tickets can be booked from its counters, on the website, on the mobile app, or through agents

Premium devices to dial up growth in India's smartphone market in 2024

Premium devices to dial up growth in India's smartphone market in 2024

Rediff.com23 May 2024

Indian smartphone sales, traditionally dominated by the entry and mid-range segments, are set to change as high-end and super-premium devices capture consumer attention. The premium category is expected to grow by more than 20 per cent in calendar year (CY) 2024 compared to the previous year. While the overall smartphone market is expected to w

MF Platforms Faulted for Selloff Delay

MF Platforms Faulted for Selloff Delay

Rediff.com7 Jun 2024

Several investors wanting to invest in mutual fund schemes, amid the selloff in the market on Tuesday, were left in the lurch as online MF investment platforms failed to execute the transactions on time.

'Now May Be The Time To Go All In'

'Now May Be The Time To Go All In'

Rediff.com21 May 2024

'For experienced and risk-taking investors, now may be the time to go all in.' 'By 'experienced and risk-taking', I refer to those who remained net buyers in equities during the early stages of the 2020 pandemic.' 'On the other hand, those who exited the markets during the pandemic may go the SIP way.'

Health Premiums Rise: How To Stay Covered

Health Premiums Rise: How To Stay Covered

Rediff.com21 Aug 2024

Consider a combination of a base policy and a super top-up policy.

Data stickiness likely to see users absorb mobile tariff hike: Analysts

Data stickiness likely to see users absorb mobile tariff hike: Analysts

Rediff.com9 Jul 2024

Consumers are unlikely to disconnect their mobile connections and will most likely absorb the up to 22 per cent tariff hike imposed last week by Jio, Airtel, and Vodafone Idea (Vi), according to analysts. The last major tariff hike in 2021 was followed by a 4-5 per cent SIM consolidation, with people leaving mobile operators with more expensive plans for their peers offering comparatively affordable options.

Awaiting return of 69 Indians recruited in Russian army: Jaishankar

Awaiting return of 69 Indians recruited in Russian army: Jaishankar

Rediff.com10 Aug 2024

According to Jaishankar, the problem is that the Russian authorities maintain that these Indian nationals entered into contracts for services with the Russian army.

L&T likely to outperform guidance after strong Q1 FY25 performance

L&T likely to outperform guidance after strong Q1 FY25 performance

Rediff.com2 Aug 2024

L&T surprised on the upside of consensus due to stronger-than-expected growth overseas. The Q1FY25 results were ahead of estimates on both revenue and net profit fronts. The company reported a 15 per cent year-on-year (Y-o-Y) growth in revenues along with 15 per cent Y-o-Y growth in operating profit and 12 per cent Y-o-Y growth in net profit on consolidated basis.

BSE now corners a fifth of derivatives market share

BSE now corners a fifth of derivatives market share

Rediff.com9 May 2024

BSE (formerly Bombay Stock Exchange) has seen its market share go past the critical 20 per cent mark in the derivatives segment, intensifying its battle with bigger rival - the National Stock Exchange (NSE) - which, less than a year ago, had a monopoly in this space. In April, the average daily trading volume (ADTV) for BSE stood at Rs 89 trillion, accounting for 20.6 per cent of the overall ADTV of Rs 432 trillion (based on notional volumes for options).

How Modi plans to tackle spiralling trade deficit with Russia

How Modi plans to tackle spiralling trade deficit with Russia

Rediff.com8 Jul 2024

India's trade deficit with Russia continued to widen for the second consecutive year to $57 billion in the financial year 2023-24 (FY24), with Moscow becoming New Delhi's largest source of crude oil imports. All eyes will now be on Prime Minister Narendra Modi's visit to Russia during July 8-9, where he is set to meet President Vladimir Putin. This will be Modi's first visit to the Kremlin since the Russia-Ukraine conflict began over two years ago.

Valentine's week: E-com giants record high demand for roses, chocolates

Valentine's week: E-com giants record high demand for roses, chocolates

Rediff.com12 Feb 2024

Leading up to Valentine's Day on February 14, quick-commerce platforms like Blinkit and Swiggy Instamart have witnessed a phenomenal uptick in the sales of products related to the occasion, such as roses and chocolates. Meanwhile, e-commerce giants like Amazon and Flipkart have gone live with their respective Valentine's Day sale events, offering generous discounts on products. Sales of chocolates and roses on Zomato-owned Blinkit shattered previous records at the beginning of this year's Valentine's Day week, on February 7, which is celebrated as Rose Day.

Higher discretionary sales, store growth key for gains in Avenue Supermarts

Higher discretionary sales, store growth key for gains in Avenue Supermarts

Rediff.com25 Jul 2024

Shares of Avenue Supermarts (DMart) have gained about 5 per cent over the past week on better than expected June quarter (Q1FY25) performance, hopes of a recovery in discretionary demand, and margin gains going ahead. The key takeaway from the results was the robust gross margin performance. Riding on improving mix, DMart posted a 34 basis point year-on-year (Y-o-Y) improvement in gross margins to 14.9 per cent.

Wine maker Sula Vineyard eyes double-digit growth on premiumisation

Wine maker Sula Vineyard eyes double-digit growth on premiumisation

Rediff.com24 Jun 2024

Raising toast to 25 successful years, India's largest wine maker Sula Vineyard is eyeing a sustained double-digit growth in revenue over the next five years, buoyed by growth in the premium and elite categories and expansion of its new ranges. It was during Covid that the vineyards shifted focus to its own brands and pivoted towards growing the premium and elite segment of the market.

Analysts divided on GAIL's prospects; limited fresh gains in the offing

Analysts divided on GAIL's prospects; limited fresh gains in the offing

Rediff.com17 Jul 2024

While most analysts are expecting poor results from oil marketing companies (OMCs) in the first quarter of 2024-25 (Q1FY25) and even in the first half (H1) of FY25, GAIL (India) could be an outlier. Upstream producers, Oil and Natural Gas Corporation (ONGC) and Oil India (OIL) could do well due to strong crude and gas prices, but refiners are likely to see weak margins and the impact of frozen prices during the election period will also be negative.

D2C brands hitch a ride on the quick commerce wagon

D2C brands hitch a ride on the quick commerce wagon

Rediff.com17 Jun 2024

As quick-commerce players find their foothold among consumers, brands are all set to step up their presence on these platforms.

Oil imports from Russia likely to decline this year

Oil imports from Russia likely to decline this year

Rediff.com9 Jan 2024

Indian imports of Russian crude oil may stabilise or even decline in 2024 from record 2023 levels amid shrinking discounts, lower output, and a rebound in West Asian supplies, according to the ship-tracking data and industry executives. This may impact the billions of dollars in annual savings that India made last year. Imports of Russian oil jumped by a record 140 per cent in calendar 2023 to 1.79 million barrels a day (b/d) from 740,400 b/d in 2022, when Russia marched into Ukraine in February, and from just 102,000 b/d in 2021, according to the data from Paris-based market intelligence agency Kpler.

Why prolonged discounts by retailers backfire

Why prolonged discounts by retailers backfire

Rediff.com26 Feb 2014

While footfalls have fallen after the long period of discounts, retail chains are being forced to continue selling discounted merchandise, as new stock is yet to arrive.

Festive-season discounts bring respite to auto dealers

Festive-season discounts bring respite to auto dealers

Rediff.com20 Nov 2019

Retail sales of passenger vehicles - the largest component of the pie - jumped 11 per cent year-on-year in October to 248,036 units, largely because of discounts offered during Navratri and Diwali.

Jet Airways launches four-day discount offer

Jet Airways launches four-day discount offer

Rediff.com28 May 2015

The company is offering a million tickets at 25% discount, valid for travel between June 15-October 15

Growth, valuations support Ashok Leyland as competition rises in industry

Growth, valuations support Ashok Leyland as competition rises in industry

Rediff.com1 Jul 2024

The stock of commercial vehicle (CV) company Ashok Leyland is up 46 per cent in the past three months, gaining despite worries about a slowdown in sales volume. Brokerages have a mixed view on the country's second-largest medium and heavy commercial vehicle manufacturer. The company reported steady March quarter results and its valuation, focus on growth and medium-term prospects are positive, but some brokerages are cautious, given near-term demand concerns and the risk of competition increasing in the industry.

India's smartphone market up 11.5%; Apple rules the super-premium segment

India's smartphone market up 11.5%; Apple rules the super-premium segment

Rediff.com15 May 2024

India's smartphone shipment grew by 11.5 per cent in the first quarter of calendar year (CY) 2024 on a year-on-year basis to 34 million units. This is the third consecutive quarter of growth in shipments, International Data Corporation's (IDC) Worldwide Quarterly Mobile Phone Tracker said.

GST: Discount clause a worry for dealers

GST: Discount clause a worry for dealers

Rediff.com11 Dec 2015

The GST bill's draft says tax would be levied on Maximum Retail Price

How To Apply For A Rs 2.5 Lakh Scholarship

How To Apply For A Rs 2.5 Lakh Scholarship

Rediff.com28 Mar 2024

The CCB scholarship amount ranges between Rs 60,000 to Rs 2,50,000 per annum, depending on the course and its duration.

Foodpanda unleashes monster discounts to capture market share

Foodpanda unleashes monster discounts to capture market share

Rediff.com12 Nov 2018

Takes on UberEats, Swiggy; experts question cash burn.

India's automobile retail sales surge 27% in April: FADA

India's automobile retail sales surge 27% in April: FADA

Rediff.com8 May 2024

Total vehicle retail sales in India rose 27 per cent year-on-year to 22,06,070 units in April as all segments, including passenger vehicles and two-wheelers, witnessed growth, industry body FADA said on Wednesday. The overall vehicle registrations stood at 17,40,649 units in April 2023. Passenger vehicle retail sales rose 16 per cent to 335,123 units last month as compared to 289,056 units in the same month last year.

Gold, Silver May Sparkle This Financial Year

Gold, Silver May Sparkle This Financial Year

Rediff.com12 Apr 2024

Since the last nine years, gold investors have made money each year, while gains in silver have been consistent only in the last five years.

HDFC Bank Q4 performance and future outlook

HDFC Bank Q4 performance and future outlook

Rediff.com30 Apr 2024

HDFC Bank's January-March quarter result, which came in-line with expectations, failed to enthuse investors. The reason? The management's decision to abstain from providing any specific growth guidance, and analysts' expectations of an arduous road to recovery. Analysts believe the path to normalisation of several growth metrics is unlikely to be a straightforward one, and the road to balance sheet realignment may be long.