News for 'financial loss'

Pvt banks may lose ground again in FY26 as credit growth lags

Pvt banks may lose ground again in FY26 as credit growth lags

Rediff.com3 Dec 2025

India's private-sector banks are likely to lose market share for a second consecutive year in 2025-26, as their loan books continue to expand much slower than overall bank credit.

India calls for ceasefire, hostage release; hails Gaza peace plan

India calls for ceasefire, hostage release; hails Gaza peace plan

Rediff.com4 Dec 2025

India has called for a ceasefire, release of all hostages, and peaceful resolution of the Israel-Hamas conflict through dialogue and diplomacy. The Centre informed Parliament that India welcomed the agreement on the first phase of the Gaza Peace Plan. The article also covers India's energy sourcing strategy and the release of Indian fishermen by Pakistan.

Save First, Spend Later

Save First, Spend Later

Rediff.com7 Nov 2025

Young earners with high incomes and few responsibilities can save more than 30 per cent, while those with low salaries and high expenses may save less.

'India Is Staring At Dementia Epidemic'

'India Is Staring At Dementia Epidemic'

Rediff.com21 Nov 2025

'10 million Indians are currently living with dementia, and the number is expected to double by 2036.'

Swiggy losses widened nearly 2x in March quarter

Swiggy losses widened nearly 2x in March quarter

Rediff.com10 May 2025

Food delivery aggregator Swiggy saw its loss widen for the fourth quarter (January-March) of financial year 2024-25 (Q4FY25). The firm reported a consolidated loss of Rs 1,081.1 crore for the quarter, compared to a loss of Rs 554.7 crore in the corresponding quarter of FY24.

'Lost Rs 50L In Trading. HELP!'

'Lost Rs 50L In Trading. HELP!'

Rediff.com31 Oct 2025

Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.

Why SIP Beats EMI in the Long Run

Why SIP Beats EMI in the Long Run

Rediff.com29 Oct 2025

EMI means you've already spent tomorrow's income; SIP means you're investing today's income to secure tomorrow, explains Ramalingam Kalirajan

Tamil producers adopt revenue-sharing model for big-budget films

Tamil producers adopt revenue-sharing model for big-budget films

Rediff.com9 Nov 2025

The Tamil Film Producers Council (TFPC) has resolved to implement a revenue-sharing model for big-budget films, requiring actors and technicians to share profits and losses. The move aims to address financial pressures from declining theatrical and OTT revenues. The TFPC also mandated staggered OTT release windows and formed a committee to ensure access to theaters for smaller films.

BCCI confirm: Discontinuing relationship with Dream 11

BCCI confirm: Discontinuing relationship with Dream 11

Rediff.com25 Aug 2025

In 2023, the BCCI announced a deal with Dream11 as the lead sponsor for Team India. Dream11 replaced Byju's, whose contract ended in March that year, and had signed the agreement with BCCI for a period of three years.

Cashless Facility On Hold? How To Manage

Cashless Facility On Hold? How To Manage

Rediff.com15 Oct 2025

To handle the sudden loss of cashless facility, patients should maintain an emergency fund or a short-term credit line to manage all or part of hospitalisation costs.

How to Beat the Festive Debt Trap

How to Beat the Festive Debt Trap

Rediff.com5 Nov 2025

Those who have binged on credit must spend less, cut discretionary expenses, and focus on repayment.

Are You Insured Against Terrorism?

Are You Insured Against Terrorism?

Rediff.com1 Dec 2025

'Reviewing terms such as war, invasion, acts of foreign enemies or hostilities, which often appear in industry exclusion lists, can help avoid surprises at the time of claim.'

How insurers stand to gain from GST rate cut

How insurers stand to gain from GST rate cut

Rediff.com4 Dec 2025

The exemption of individual life and health insurance premiums from the Goods and Services Tax (GST) enables the insurance industry to make products affordable and attractive, said Ajay Seth, chairman of Insurance Regulatory and Development Authority of India (Irdai) at the Business Standard BFSI Insight Summit 2025.

LS passes Bill to ban online money games, proposes 3-yr jail, Rs 1 cr fine

LS passes Bill to ban online money games, proposes 3-yr jail, Rs 1 cr fine

Rediff.com20 Aug 2025

The Indian government has introduced a bill in the Lok Sabha to ban online games played with money, aiming to curb addiction, money laundering, and financial fraud. The bill also targets advertisements and financial transactions related to such games.

Akasa Air's net loss widens to 1,983 crore in FY25 as costs, delays rise

Akasa Air's net loss widens to 1,983 crore in FY25 as costs, delays rise

Rediff.com1 Jul 2025

Akasa Air's standalone net loss rose 18.7 per cent year-on-year (Y-o-Y) to roughly Rs 1,983 crore in 2024-25 (FY25), driven by rising employee costs, aircraft maintenance and airport charges, and a sharp increase in foreign exchange (forex) expenses, sources privy to the development told Business Standard.

4 Reasons To Buy THIS Illness Insurance

4 Reasons To Buy THIS Illness Insurance

Rediff.com6 Oct 2025

When illness strikes, this cover cushions the fall -- guarding health, finances, and the family's fragile future

Worst may be over for Asian Paints, but prospects still far from bright

Worst may be over for Asian Paints, but prospects still far from bright

Rediff.com21 Nov 2025

Asian Paints reported a good performance for the second quarter (July-September) of 2025-26 (Q2FY26), with some help from base effects, despite strong competition and extended monsoon. Volume grew in low double digits in the key domestic decorative paints, and value in that segment grew by 6 per cent. Ebitda (earnings before interest, taxes, depreciation, and amortisation) grew 21 per cent year-on-year (Y-o-Y), and PAT (profit after tax) grew 14 per cent. Asian Paints also defended market share better after several quarters where it had lost ground to Birla Opus.

Let Fadnavis probe: Pawar on grandnephew's land deal

Let Fadnavis probe: Pawar on grandnephew's land deal

Rediff.com8 Nov 2025

Citing Maharashtra Chief Minister Devendra Fadnavis, Nationalist Congress Party-Sharadchandra Pawar president Sharad Pawar on Saturday supported a probe into the controversial land deal allegedly linked to the company of his grandnephew Parth Pawar.

'After GST cut, innovation will boost life insurance'

'After GST cut, innovation will boost life insurance'

Rediff.com5 Dec 2025

The reduction in goods & services tax (GST) on individual life and health insurance premiums has been called a "landmark step" for making insurance affordable and inclusive. In a panel discussion at the Business Standard BFSI Insight Summit 2025, Anup Bagchi, managing director (MD) & chief executive officer (CEO) of ICICI Prudential Life Insurance; Mahesh Balasubramanian, MD & CEO of Kotak Life Insurance; Tarun Chugh, MD & CEO of Bajaj Life Insurance; and Ratnakar Patnaik, MD of Life Insurance Corporation of India (LIC), listed what else the industry needs to reach more people.

Ditch Quick-Money Lures This Diwali!

Ditch Quick-Money Lures This Diwali!

Rediff.com20 Oct 2025

: Build lasting wealth via disciplined, long-term mutual fund investing in India's compounding marathon, Shanaihi, Shanaihi, says Ramalingam Kalirajan

JLR cyberattack hit TaMo PV Q2 showing; FY26 outlook cut

JLR cyberattack hit TaMo PV Q2 showing; FY26 outlook cut

Rediff.com15 Nov 2025

Tata Motors Passenger Vehicles (TMPV) on Friday reported a 13 per cent year-on-year (Y-o-Y) decline in consolidated revenue from operations for the second quarter of 2025-26 (Q2FY26), largely due to the cyberattack on its subsidiary Jaguar Land Rover (JLR) in late August that forced a shutdown of its manufacturing operations for over five weeks.

Mumbai transport hit after CNG supply cut; restoration by Tuesday

Mumbai transport hit after CNG supply cut; restoration by Tuesday

Rediff.com17 Nov 2025

A major gas pipeline damage has disrupted CNG supply in Mumbai, leading to long queues at refuelling stations and affecting autorickshaws, taxis, and other CNG-run vehicles. The disruption is expected to impact transport availability throughout the day.

112,000 Tech Jobs Have Vanished In 2025 So Far

112,000 Tech Jobs Have Vanished In 2025 So Far

Rediff.com24 Nov 2025

...compared with 153,000 in all of 2024.

'I Want To Achieve What Lin Dan Did For China'

'I Want To Achieve What Lin Dan Did For China'

Rediff.com7 Nov 2025

'If there's no financial support, talent doesn't get a chance to blossom.'

Expansion, margin improvement likely to drive gains for Indian Oil

Expansion, margin improvement likely to drive gains for Indian Oil

Rediff.com6 Nov 2025

Indian Oil Corporation's (IOC's) Q2FY26 operating profit of 14,600 crore beat Street estimates and was up 16 per cent on a sequential basis. It surged 287 per cent over the year-ago quarter on account of an improved refining performance.

Bajaj Finance expects AUM from MSME business to grow 10-12% in FY26

Bajaj Finance expects AUM from MSME business to grow 10-12% in FY26

Rediff.com12 Nov 2025

Bajaj Finance's shares fell more than 7 per cent on Tuesday after it trimmed growth guidance for FY26, from 24-25 per cent projected earlier to 22-23 per cent.

Aadhaar-Based Face Authentication Soon For Big Online Transfers

Aadhaar-Based Face Authentication Soon For Big Online Transfers

Rediff.com16 Oct 2025

While UIDAI has given a nod for face authentication, banks need to join the process.

IPO Boom Faces Reality Check Amid Market Volatility

IPO Boom Faces Reality Check Amid Market Volatility

Rediff.com28 Oct 2025

More than a third of 83 mainboard IPOs this year ended their debut sessions in the red, with losses of up to 35 per cent.

Rs 10L Trading Profit: 'How Much Tax Will I Pay?'

Rs 10L Trading Profit: 'How Much Tax Will I Pay?'

Rediff.com7 Oct 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Will AI Mania Provoke Market Meltdown?

Will AI Mania Provoke Market Meltdown?

Rediff.com10 Nov 2025

'The danger is that when the music stops, the fall will be sudden, faster, and deeper than anyone expects,' warns Debashis Basu.

What Are Narrow Sectoral Funds?

What Are Narrow Sectoral Funds?

Rediff.com13 Nov 2025

'First-time or conservative investors should avoid narrow sectoral funds.'

How To Avoid HUGE Losses In Markets

How To Avoid HUGE Losses In Markets

Rediff.com28 Jan 2025

Don't let panic ruin your wealth. Avoiding these mistakes can save you from HUGE losses, says Ramalingam Kalirajan

Largest 'digital arrest' fraud: Mumbai businessman loses Rs 58 cr

Largest 'digital arrest' fraud: Mumbai businessman loses Rs 58 cr

Rediff.com16 Oct 2025

In the latest case, the fraudsters, posing as personnel of the Enforcement Directorate and the Central Bureau of Investigation, contacted the businessmen between August 19 to October 8 and claimed his name had cropped up in a case of money laundering.

Domestic expansion, Europe recovery to drive growth for Tata Steel

Domestic expansion, Europe recovery to drive growth for Tata Steel

Rediff.com5 Nov 2025

There is positive sentiment for Tata Steel on the basis of strong domestic demand, a turnaround of European operations and moderate valuations. A combination of capacity expansion, efficiency gains, higher asset utilisation, and improved operating leverage may lead to margin expansions.

Sensex, Nifty slip amid profit-taking, weak Asian markets

Sensex, Nifty slip amid profit-taking, weak Asian markets

Rediff.com28 Oct 2025

Among Sensex firms, Trent, ICICI Bank, Tech Mahindra, Bajaj Finserv, Mahindra & Mahindra, Power Grid, Tata Consultancy Services and Bajaj Finance were the major laggards. However, Tata Steel, Larsen & Toubro, State Bank of India, Kotak Mahindra Bank were among the major gainers.

Sensex, Nifty end in red in volatile trade

Sensex, Nifty end in red in volatile trade

Rediff.com23 Sep 2025

Among Sensex firms, Trent, Tech Mahindra, Hindustan Unilever, UltraTech Cement, Asian Paints, Eternal and ITC were the major laggards. Selling in HDFC Bank and ICICI Bank also dragged the key indices. However, Axis Bank, Bajaj Finance, Maruti and State Bank of India were among the gainers.

No financial loss to company: Oberoi

No financial loss to company: Oberoi

Rediff.com30 Nov 2008

East India Hotels chairman P R S Oberoi on Saturday said that the group hoped to reopen its Trident hotel at Mumbai's Nariman Point earlier than the adjacent Oberoi hotel, though an assessment of the damage caused by the terrorist attacks was yet to be completed.

'IOB Bets Big On M&A Financing'

'IOB Bets Big On M&A Financing'

Rediff.com3 Nov 2025

'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'

Missing Thackerays And A Bulldozer At Marathi School

Missing Thackerays And A Bulldozer At Marathi School

Rediff.com21 Nov 2025

If the Thackerays don't save a Marathi school in their backyard, who will, wonders Syed Firdaus Ashraf.

Rs 40K Salary Can Make You A Crorepati!

Rs 40K Salary Can Make You A Crorepati!

Rediff.com15 Oct 2025

You don't need a six-figure salary to build wealth -- you need discipline and a smart plan, says Ramalingam Kalirajan. and shows you how