News for 'financial loss'

Maha's Yavatmal sees 5 farmer suicides in 3 days over suspected crop loss

Maha's Yavatmal sees 5 farmer suicides in 3 days over suspected crop loss

Rediff.com19 Aug 2023

A local official confirmed the incidents but said the causes of these suicides were yet to be ascertained.

IOC penalises IOA over ongoing internal row

IOC penalises IOA over ongoing internal row

Rediff.com11 Oct 2024

Withholds Olympic Solidarity fund

Indian cricket in 2024: World Cup glory & home Test defeat

Indian cricket in 2024: World Cup glory & home Test defeat

Rediff.com25 Dec 2024

There was plenty of action over the last 12 months that kept the loyal Indian fan interested.

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.

Factors that will guide the markets thie week

Factors that will guide the markets thie week

Rediff.com24 Nov 2024

Global factors and FII activity will dictate trends in domestic equity markets this week while assembly poll results of Maharashtra and Jharkhand may impact stocks on Monday, say analysts. Stock markets witnessed a spirited recovery on Friday with benchmark Sensex and Nifty notching the best single-day gains in more than five months and offering relief after weeks of correction.

Better demand trends upgrade Indian Hotels to prfit suite

Better demand trends upgrade Indian Hotels to prfit suite

Rediff.com18 Nov 2024

After a quiet April-June quarter in 2024-25 (FY25), the operational and financial performance of India's largest listed hotel company, Indian Hotels Company, clearly rebounded in the July-September quarter (Q2) of FY25. With double-digit growth in the average room rate (ARR) and higher occupancy, the Taj Hotels chain owner reported a 16 per cent revenue increase and a 30 per cent rise in operating profit.

Airfares Nosedive For Diwali!

Airfares Nosedive For Diwali!

Rediff.com31 Oct 2024

'The past few quarters have seen prohibitive fares for advance bookings, only to dip closer to departure.'

Why Tailor Your Travel Insurance

Why Tailor Your Travel Insurance

Rediff.com20 Dec 2024

Before heading abroad, ensure your travel insurance policy offers all essential coverage and has an adequate sum insured.

Terrorist attack on construction workers will be avenged: LG Sinha

Terrorist attack on construction workers will be avenged: LG Sinha

Rediff.com21 Oct 2024

Sinha called for justice to the victims as he blamed Pakistan for "still trying to kill innocent people" in the region to disrupt peace.

BJP stumbled and then stamped its authority in 2024

BJP stumbled and then stamped its authority in 2024

Rediff.com31 Dec 2024

The BJP's year has been marked by a remarkable ability to adapt its message and methods, rebounding from Lok Sabha election setbacks with improbable wins in Haryana and Maharashtra. The party's campaign machine, drawing on the strength of the RSS and its affiliates, has demonstrated a capacity to shift focus and respond to regional dynamics. While the BJP faces challenges, its adaptability and Modi's unchallenged leadership suggest a continued strong presence on the Indian political landscape.

Strong Q2 performance, growth outlook drive gains for Info Edge stock

Strong Q2 performance, growth outlook drive gains for Info Edge stock

Rediff.com30 Nov 2024

The stock of online classified major Info Edge (India) was up over 6 per cent on Friday on expectations of demand improvement for Indian IT companies. Strong revenue growth prospects for each of its online verticals - including recruitment, matrimony, real estate, education, and upside from its holdings in companies such as Zomato - had prompted Goldman Sachs to upgrade the stock. Info Edge's standalone revenue grew 10.6 per cent year on year (Y-o-Y) in Q2FY25, beating consensus. 99acres (+16.9 per cent Y-o-Y) and Jeevansathi (+33 per cent Y-o-Y) were drivers of growth while recruitment grew 8.5 per cent Y-o-Y.

Supreme Industries stock sinks on weak Q2 show

Supreme Industries stock sinks on weak Q2 show

Rediff.com12 Nov 2024

The stock of the country's largest plastic pipe maker Supreme Industries has shed 22 per cent since its highs in October. The September quarter results were below expectations as the volatility in polyvinyl chloride (PVC) resin prices led to a major destocking across the trade channel.

Small Town India Falls In Love With MFs

Small Town India Falls In Love With MFs

Rediff.com24 Dec 2024

More than 50 per cent of SIP accounts come from semi-urban and rural areas.

Corporate earnings fall in Q2, a first in two yrs

Corporate earnings fall in Q2, a first in two yrs

Rediff.com19 Nov 2024

India Inc continued to grapple with muted revenue growth in the September 2024 quarter (Q2FY25) and witnessed a decline in margins and profits. The headwinds were especially severe for non-financial companies, while banking, financial services, and insurance (BFSI) firms significantly outpaced the rest of the corporate sector. The total profit of 1,353 listed companies that have released their Q2FY25 results thus far dropped by 0.6 per cent year-on-year (Y-o-Y) - the first cumulative earnings decline in eight quarters.

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.

Dr Singh's final journey to begin tomorrow at 9.30 am

Dr Singh's final journey to begin tomorrow at 9.30 am

Rediff.com27 Dec 2024

Prime Minister Narendra Modi and Congress leaders Sonia Gandhi and Mallikarjun Kharge were among the top leaders who paid homage to former prime minister Manmohan Singh at his home in New Delhi on Friday.

High Time India Resists Real Estate Mania

High Time India Resists Real Estate Mania

Rediff.com14 Oct 2024

Once we break free of the idea that land is scarce, real estate is just a pile of bricks, steel, and glass. Any price surge will kick off a supply response, which kills off the possibility of sustained price appreciation, points out Ajay Shah.

Deferred tax drags down Honda FY24 profit by 53%

Deferred tax drags down Honda FY24 profit by 53%

Rediff.com31 Oct 2024

Honda Cars India (HCIL) net profit dropped by 52.8 per cent year-on-year (Y-o-Y) to Rs 661.4 crore in 2023-24 (FY24), primarily due to deferred tax of Rs 359.8 crore, according to the annual results submitted to the Registrar of Companies (RoC) and reviewed by Business Standard. In FY24, the company's production increased by 16 per cent Y-o-Y to 134,807 units.

Disney-Star & RIL JV will see loss of $400 mn on $3.5 bn revenue next FY

Disney-Star & RIL JV will see loss of $400 mn on $3.5 bn revenue next FY

Rediff.com20 Mar 2024

Both sports and digital will drag down the healthy operating margins that entertainment television continues to make.

When Will Air India Be Profitable?

When Will Air India Be Profitable?

Rediff.com29 Nov 2024

'We don't give any guidance about profitability. We have internal targets but we don't discuss them publicly.'

Demolition of Kashmiri Pandits' shops sparks protests in Jammu

Demolition of Kashmiri Pandits' shops sparks protests in Jammu

Rediff.com21 Nov 2024

The Jammu Development Authority (JDA) demolished a dozen shops belonging to displaced Kashmiri Pandits in Jammu city, allegedly without issuing notices, sparking protests from various sections demanding action against the officials. The shops were located on JDA land and had been built by displaced Kashmiri Pandits near the Muthi camp three decades ago. The demolition drive sparked outrage from political parties, including the BJP, PDP and Apni Party, and several Kashmir Pandit organisations, who condemned the JDA's action and called for the construction of new shops to help the displaced community sustain their livelihood.

BSE hoists the sails for Sensex's 'offshore' voyage

BSE hoists the sails for Sensex's 'offshore' voyage

Rediff.com16 Sep 2024

Tasting success with the relaunch of Sensex derivatives in the onshore market, BSE is preparing for the 'offshore' debut of its 30-share index, which has become synonymous with the domestic markets. Sources in the know said that the India International Exchange (India INX), a subsidiary of BSE, received approval in July from the International Financial Services Centres Authority (IFSCA) to launch Sensex 30 derivatives contracts.

US Accuses Adani Of Bribing Officials

US Accuses Adani Of Bribing Officials

Rediff.com21 Nov 2024

Gautam Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion profit over 20 years.

What The Retail Investor Must Know

What The Retail Investor Must Know

Rediff.com21 Oct 2024

Many are attracted by the potential for large gains, but don't necessarily seem to understand that a single trade gone wrong can wipe out their accumulated profits.

'Our higher growth is coming from retail lines'

'Our higher growth is coming from retail lines'

Rediff.com5 Oct 2024

'There is more expansion in the industry happening in retail lines, so we will continue to focus on those lines.'

'Top order a major concern for Australia'

'Top order a major concern for Australia'

Rediff.com26 Nov 2024

If the humiliation of India being able to declare their second innings on 487/6 reflected poorly on the bowling unit, it was the Australian batting line-up dismissed for 104 in their first innings that bore the brunt of the blame.

Banks report muted treasury book gains

Banks report muted treasury book gains

Rediff.com7 Aug 2024

Banks reported muted treasury gains during April-June of FY25 (Q1FY25) following Reserve Bank of India's (RBI's) revised norms on investment portfolio effective from April 1, 2024, despite softening of government bond yields. "Banks have reported muted treasury gains during Q1 of FY25 despite softening of yields across the curve. "The main reason was change in the investment valuation and classification guidelines by the RBI.

Dhaka limps back to normal, but protests yet to die down

Dhaka limps back to normal, but protests yet to die down

Rediff.com25 Aug 2024

Businesses have resumed but it's not business as usual in the capital city of Bangladesh.

'A huge setback for Indian sports'

'A huge setback for Indian sports'

Rediff.com22 Oct 2024

India's medal prospects took a hit with the exclusion of hockey, shooting, cricket, badminton and wrestling from the 2026 Glasgow Commonwealth Games.

Ola Electric share price rise: Madness beyond fundamentals, say analysts

Ola Electric share price rise: Madness beyond fundamentals, say analysts

Rediff.com21 Aug 2024

Ola Electric share price strategy: The meteoric rise of Ola Electric share price has left analysts and investors bewildered. Yet, they suggest investors hold on to the stock as it remains a pure "momentum" play. Since its listing on August 9, the stock has surged 92 per cent (till August 19) over its issue price of Rs 76, taking its market capitalisation to a little over Rs 63,000 crore.

Sensex, Nifty close lower on selling in Reliance, spike in retail inflation

Sensex, Nifty close lower on selling in Reliance, spike in retail inflation

Rediff.com15 Oct 2024

From the 30 Sensex firms, Bajaj Finance, Reliance Industries, Tata Steel, JSW Steel, Tech Mahindra, Tata Motors, Kotak Mahindra Bank and Maruti were the biggest laggards. Reliance Industries Ltd, India's most valuable company, on Monday reported a 5 per cent fall in the July-September quarter net profit as weak oil refining and petrochemical business hurt operational performance. ICICI Bank, Bharti Airtel, Asian Paints, Adani Ports, UltraTech Cement and HCL Technologies were among the gainers.

Women centric schemes proved to be game-changer in 2 states?

Women centric schemes proved to be game-changer in 2 states?

Rediff.com23 Nov 2024

Women-centric schemes could have proved a game-changer in both Maharashtra and Jharkhand, as both states witnessed a surge in women voters in the recently held assembly polls as well as return of the ruling alliances with a thumping majority.

The Man Who Saw Tomorrow

The Man Who Saw Tomorrow

Rediff.com21 Oct 2024

Here stood a man who embodied the legacy of whatever Brand Tata stood for, embellished it, and departed into the long night, leaving the brand legacy for others to further enrich, notes R Gopalakrishnan.

Could Adani Settle With US Accusers?

Could Adani Settle With US Accusers?

Rediff.com23 Nov 2024

Though a settlement will provide respite from a long legal battle, legal experts say it may create a perception of guilt.

Why You Lose Money In Day Trading

Why You Lose Money In Day Trading

Rediff.com5 Aug 2024

People in full-time jobs should especially avoid intraday trading as it results in loss of focus and affects performance.

7 dead as BEST scrambles to ascertain cause of tragic bus crash

7 dead as BEST scrambles to ascertain cause of tragic bus crash

Rediff.com10 Dec 2024

The death toll in the BEST bus accident in Mumbai has risen to seven, officials on Tuesday said as experts inspected the wet leased vehicle to ascertain if it had any mechanical fault.

Hyundai is 5th most valuable auto firm by mcap on listing day

Hyundai is 5th most valuable auto firm by mcap on listing day

Rediff.com22 Oct 2024

Hyundai Motor India Ltd has become the country's fifth most valuable auto firm by market valuation in its debut trade on Tuesday. Shares of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, listed at Rs 1,931, reflecting a decline of 1.47 per cent against the issue price of Rs 1,960 on the BSE earlier in the day. The stock slumped 7.80 per cent to Rs 1,807.05 during the day and finally ended at Rs 1,820.40 apiece, down 7.12 per cent.

With oil on the boil, Vistara's loss may not be IndiGo's gain

With oil on the boil, Vistara's loss may not be IndiGo's gain

Rediff.com18 Apr 2024

Shares of low-cost airline IndiGo hit record high on the bourses soon after reports of pilot crisis at Vistara emerged. The development also saw airfares surge by around 25 per cent on select routes. Shares of IndiGo hit a lifetime high of ~3,68.5 on April 2, 2024, and has gained 2.4 per cent on the bourses in April.

Festival season, discounts boost Ola Electric sales

Festival season, discounts boost Ola Electric sales

Rediff.com16 Oct 2024

Under regulatory scanner, Bengaluru-based Ola Electric has witnessed an uptick in its sales after facing a decline during the last few months. The company's daily average sales rose to 1,154 units in October, according to Vahan data from the Ministry of Road Transport and Highways (MoRTH). With sales reaching 17,315 units between October 1 and October 15, the company has also boosted its market share to 34 per cent, up from 27 per cent in September, in the electric two-wheeler (e2W) segment.

How the markets will fare this week

How the markets will fare this week

Rediff.com13 Oct 2024

Quarterly earnings of corporates, trading activity of foreign investors and inflation data are the key factors that are expected to drive the momentum in the equity markets this week, analysts said.