News for 'financial loss'

Amritsar-Wagah War Losses: Rs 12,000 Crore

Amritsar-Wagah War Losses: Rs 12,000 Crore

Rediff.com29 May 2025

'Only those who live through these situations understand the true cost of war.'

Why Smart Investors Make Mistakes

Why Smart Investors Make Mistakes

Rediff.com12 Sep 2025

The biggest risk for investors isn't the market, but their own minds, biases and emotions often lead to poor financial choices.

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

Rediff.com3 Nov 2025

'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'

Loss-making Manchester United to cut jobs, free lunches

Loss-making Manchester United to cut jobs, free lunches

Rediff.com25 Feb 2025

In September, the 20-time English champions reported its fifth straight annual loss as it missed out on the lucrative European Champions League competition.

Fraud amount jumps 3 times in FY25, PSBs hit most

Fraud amount jumps 3 times in FY25, PSBs hit most

Rediff.com29 May 2025

The overall number of frauds, including those related to loan accounts and digital payments, jumped by three times in FY25, primarily due to reclassification of 122 cases as per a Supreme Court order, the Reserve Bank said on Thursday. The fraud value jumped to Rs 36,014 crore in FY25, up from Rs 12,230 crore in the previous fiscal year, while the number of fraud cases went down to 23,953 in FY25 from 36,060 in FY24.

Have Climate Summits Lost The Mojo?

Have Climate Summits Lost The Mojo?

Rediff.com8 Nov 2025

How the UN's flagship climate summit lost its direction and what's at stake.

Planning To Take Loan Against Shares?

Planning To Take Loan Against Shares?

Rediff.com13 Oct 2025

Investors can meet cash needs without selling their securities.

Time To Tackle The Digital Fraud Surge

Time To Tackle The Digital Fraud Surge

Rediff.com14 Aug 2025

We propose an expert group be set up to form a national strategy on digital fraud. This group would bring together skills in financial regulation, security economics, cyber defence, and public communications, and an understanding of the Indian financial and security systems. It should lay the foundations of a coordinated approach by the Indian State in fighting digital fraud, suggest Ajay Shah and Nandkumar Saravade.

Improving asset quality, healthy loan growth positives for ICICI Bank

Improving asset quality, healthy loan growth positives for ICICI Bank

Rediff.com28 Oct 2025

ICICI Bank delivered satisfactory results in the second quarter of 2025-26 (Q2FY26), sustaining return on assets (RoA) of around 2.3-2.4 per cent and improving asset quality. Provisions declined 26 per cent year-on-year (Y-o-Y) and 50 per cent quarter-on-quarter (Q-o-Q).

Loan Against Insurance? Read This

Loan Against Insurance? Read This

Rediff.com24 Sep 2025

Use these loans to meet emergency needs, and not to fund holidays or luxury purchases.

83% Of Sole-Earning Women In Gig Jobs Are Married

83% Of Sole-Earning Women In Gig Jobs Are Married

Rediff.com11 Sep 2025

Women are increasingly using gig work as a pathway to economic independence which has no entry barrier, especially as an alternative to traditional jobs.

Malayalam Movies In Deep Financial Crisis

Malayalam Movies In Deep Financial Crisis

Rediff.com30 Dec 2024

The Malayalam film industry suffered a loss of Rs 650 crore to Rs 700 crore in 2024.

'The Intent Is To Make A Better Bank In The Future'

'The Intent Is To Make A Better Bank In The Future'

Rediff.com28 Oct 2025

'As the team builds, each of them will bring in a different perspective, new thinking.'

Lenskart eyeing mega expansion as it readies for IPO

Lenskart eyeing mega expansion as it readies for IPO

Rediff.com15 Oct 2025

Eyewear retailer Lenskart plans to add 450 stores in the current financial year, its fastest expansion in three years, as the company prepares for a public listing that could value it at up to $10 billion. The addition would take Lenskart's store count to more than 3,150 across 14 countries, representing a 34 per cent rise from the 334 stores opened last year.

Indian airlines suspend flights to Middle East amid tensions

Indian airlines suspend flights to Middle East amid tensions

Rediff.com24 Jun 2025

The operations of many global carriers, including Qatar Airways, have also been impacted due to the airspace curbs in the wake of the Middle East tensions.

New segments like defence and data centres to drive growth for L&T

New segments like defence and data centres to drive growth for L&T

Rediff.com9 Oct 2025

The exit of Larsen & Toubro (L&T) from the Hyderabad Metro is a long-term positive for the stock. It could be a bullish trigger, alongside higher international orders, and new opportunities in segments like defence and data centres.

Competition, store expansion may weigh on Eternal's margins

Competition, store expansion may weigh on Eternal's margins

Rediff.com27 Oct 2025

Growth accelerated for Zomato operator Eternal in the second quarter of financial year 2026 (Q2FY26). Zomato's business to commerce (B2C) operations delivered a strong 57 per cent year-on-year (Y-o-Y) rise in net order value (NOV) to Rs 23,164 crore while consolidated revenue soared 183 per cent Y-o-Y (90 per cent Q-o-Q) to Rs 13,590 crore during the period, with like-for-like (LFL) growth of 65 per cent, and acceleration in the quick commerce (QC) segment, which recorded NOV growth of 137 per cent Y-o-Y (27 per cent Q-o-Q).

All You Want To Know About EPF Withdrawals

All You Want To Know About EPF Withdrawals

Rediff.com27 Oct 2025

The 100 per cent withdrawal provision and the 25 per cent minimum balance provision have led to some confusion.

BFSI Sector Set For Boom With Rs 58K Cr IPOs

BFSI Sector Set For Boom With Rs 58K Cr IPOs

Rediff.com25 Sep 2025

The sector's IPO pipeline is led by Tata Capital's Rs 17,000 crore issue, followed by ICICI Prudential Asset Management at Rs 10,200 crore and Billionbrains Garage Ventures at Rs 6,000 crore.

'Movies Have To Be Good To Bring People To Cinemas'

'Movies Have To Be Good To Bring People To Cinemas'

Rediff.com18 Oct 2025

'Last year, we had about 10 to 12 per cent of Hollywood films as a box-office contribution. This year already, it has jumped up to 24 per cent because the lineup is very strong.'

Why Indians Are Enslaved To Toxic Bosses

Why Indians Are Enslaved To Toxic Bosses

Rediff.com6 Nov 2025

'I try to convince myself to stay calm, do my work and not let his behaviour get to me. Some days it works; most days, it doesn't.'

F1 Pitlane Tales: Australian GP posts record financial loss

F1 Pitlane Tales: Australian GP posts record financial loss

Rediff.com10 Sep 2014

The 2014 Australian Grand Prix posted a record A$59.97 million ($55 million) loss amid soaring costs and declining revenue, government officials said on Wednesday.

SC upholds JSW Steel's takeover plan for Bhushan Power and Steel

SC upholds JSW Steel's takeover plan for Bhushan Power and Steel

Rediff.com26 Sep 2025

The Supreme Court on Friday upheld JSW Steel's Rs 19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL), bringing down curtains to a prolonged legal battle that spanned nearly eight years.

BIGGEST Real Estate Myth BUSTED!

BIGGEST Real Estate Myth BUSTED!

Rediff.com18 Sep 2025

Do home prices really never fall? Ramalingam Kalirajan begs to differ.

PF Exit, LTCG, Home Sale and TDS: Your Tax Qs Answered

PF Exit, LTCG, Home Sale and TDS: Your Tax Qs Answered

Rediff.com18 Sep 2025

rediffGURU T S Khurana answers readers' personal income tax queries.

Mary Kom Separates From Husband: Report

Mary Kom Separates From Husband: Report

Rediff.com7 Apr 2025

According to a report in the Hindustan Times newspaper, the couple's relationship began to unravel following Onler's candidature in the 2022 Manipur assembly elections.

'Not A Single Penny Is Shared With States'

'Not A Single Penny Is Shared With States'

Rediff.com30 Aug 2025

'States should be compensated for the revenue loss for at least five years or beyond till the revenue stabilises.'

Bomb threat at Vijay's Chennai home days after stampede

Bomb threat at Vijay's Chennai home days after stampede

Rediff.com29 Sep 2025

Chennai Police received a phone call claiming that a bomb had been planted at the ECR, Neelankarai residence of Tamilaga Vettri Kazhagam (TVK) Chief and actor C Joseph Vijay, officials said.

Want To Invest In IPOs? Read This

Want To Invest In IPOs? Read This

Rediff.com9 Sep 2025

Investors may wait for six months and then take another look at the stock.

'Safety Of The Children Was Paramount'

'Safety Of The Children Was Paramount'

Rediff.com31 Oct 2025

'The rescue of 17 children represents exemplary police action that merits considerable appreciation.' 'However, this encounter was profoundly unfortunate because somebody has lost his life.'

As new GST rates kick in, groceries, medicines, cars get cheaper

As new GST rates kick in, groceries, medicines, cars get cheaper

Rediff.com22 Sep 2025

New lower GST rates kicked in from Monday, resulting in a slashing of prices of as many as 375 items ranging from toothpaste and shampoo to cars and television sets, a move seen as an attempt to boost consumption to cushion an economy facing tariff headwinds. Tax rates of 5, 12, 18, and 28 per cent have been clubbed into two rates of 5 per cent and 18 per cent, resulting in a reduced price of 99 per cent of daily use items.

9 Must Read Money Rules For YOU

9 Must Read Money Rules For YOU

Rediff.com25 Aug 2025

Chartered accountant Nitin Kaushik's message to India's young workforce is clear: spend smart, save smarter and let money serve your goals.

'We Won't Be Silenced, We Won't Be Ignored'

'We Won't Be Silenced, We Won't Be Ignored'

Rediff.com31 Oct 2025

'Our politics is transparent -- it's about ensuring farmers don't die by suicide, about ensuring agriculture remains viable, about ensuring food security for the nation.' 'If that's politics, then yes, we do politics.'

PhonePe seeks Sebi nod for IPO; submits papers

PhonePe seeks Sebi nod for IPO; submits papers

Rediff.com24 Sep 2025

Digital payments provider PhonePe has filed draft papers with markets regulator Sebi for its upcoming initial public offering (IPO) using the confidential pre-filing route. On Wednesday, the company's spokesperson said, "PhonePe Ltd has filed the Pre-filed Draft Red Herring Prospectus with Sebi and the stock exchanges, under...the Sebi ICDR Regulations in relation to the proposed initial public offering of its equity shares on the main board of the stock exchanges".

What Happens To Fawad Khan's Abir Gulaal Now?

What Happens To Fawad Khan's Abir Gulaal Now?

Rediff.com8 May 2025

When the producers of Abir Gulaal signed Pakistani actor Fawad Khan, they did not imagine that tensions between the two countries would escalate to this extent.

Why India's gaming ban has Rohit, Kohli on the back foot

Why India's gaming ban has Rohit, Kohli on the back foot

Rediff.com27 Aug 2025

According to Cricbuzz, Indian cricketers could collectively be staring at losses of around Rs 150-200 crore in endorsements.

Setback for Anil Ambani, RCom as HC supports SBI order

Setback for Anil Ambani, RCom as HC supports SBI order

Rediff.com7 Oct 2025

The Bombay high court has upheld a decision by the State Bank of India (SBI) to classify accounts of industrialist Anil Ambani and his company, Reliance Communications (RCom), as "fraudulent" noting that there was no legal flaw in it.

'Exceptional item' keeps Paytm in loss with Rs 540 crore hit in Q4FY25

'Exceptional item' keeps Paytm in loss with Rs 540 crore hit in Q4FY25

Rediff.com7 May 2025

One97 Communications Ltd (OCL), the company that operates the Paytm brand, posted a consolidated loss of Rs 539.8 crore in the fourth quarter of 2024-25 (Q4FY25), slightly lower from the Rs 549.6 crore it reported in Q4FY24. Sequentially, the fintech company's loss widened from Rs 208.3 crore in Q3FY25 on account of a one-time exceptional expense amounting to Rs 522 crore during the quarter ended March 2025.

BCCI approves Rs 1 lakh aid for cricketers' widows

BCCI approves Rs 1 lakh aid for cricketers' widows

Rediff.com25 Aug 2025

The Indian Cricketers' Association will introduce a one-time benefit of Rs 1 lakh for the spouses of deceased members after the BCCI approved its disbursal.

BharatPe Bets Big On Online Payments

BharatPe Bets Big On Online Payments

Rediff.com3 Sep 2025

'Our focus would be to onboard top 100 merchants in top 10 different segments.'