News for 'financial loss'

Chaubey fires back at Bhutia, slams 'vested interests'

Chaubey fires back at Bhutia, slams 'vested interests'

Rediff.com13 Jun 2025

AIFF chief Chaubey accuses Bhutia of running football schools for "vested interest"

Air India crash: Indian diaspora in UK helps in fundraisers

Air India crash: Indian diaspora in UK helps in fundraisers

Rediff.com14 Jun 2025

The Indian diaspora in London has been rallying around to coordinate fundraisers to support the UK-based family members of the Ahmedabad plane crash victims, including urgent assistance for two orphaned children.

Modric brings Galactico glamour to Swansea in surprise ownership twist

Modric brings Galactico glamour to Swansea in surprise ownership twist

Rediff.com15 Apr 2025

Real Madrid maestro Luka Modric is poised to make his first move into club ownership with a minority stake at Swansea City.

'Future Generali always wanted to outgrow the industry'

'Future Generali always wanted to outgrow the industry'

Rediff.com12 Jul 2025

'This will be our first large-size bank partner, and hence, the partnership will be a game-changer for us.'

Markets Choppy? Don't Worry. You Can Still Make Money

Markets Choppy? Don't Worry. You Can Still Make Money

Rediff.com30 Apr 2025

If you redeem your investments when prices have fallen sharply, you will be selling at low prices and may make a permanent loss. On the other hand, if you remain patient and remain invested, you give your investment the time to recover, says Dwaipayan Bose

11 killed as vehicles fall into river after bridge collapses in Vadodara

11 killed as vehicles fall into river after bridge collapses in Vadodara

Rediff.com10 Jul 2025

Eight persons were killed and five others rescued after several vehicles fell into a river following the collapse of a portion of a four-decade-old bridge in Gujarat's Vadodara district on Wednesday morning, police said.

SEBI Cracks Whip On 'Pump And Dump' Scam

SEBI Cracks Whip On 'Pump And Dump' Scam

Rediff.com9 Jul 2025

In a pump and dump operation, fraudsters artificially inflate the price of a stock by spreading misleading or false information, creating a frenzy among unsuspecting retail investors.

IndusInd accounting lapses: Sumant Kathpalia steps down as CEO

IndusInd accounting lapses: Sumant Kathpalia steps down as CEO

Rediff.com29 Apr 2025

IndusInd Bank MD and CEO Sumant Kathpalia on Tuesday resigned with immediate effect, taking moral responsibility of accounting lapses in the derivatives portfolio, having financial implication of Rs 1,960 crore to the bank.

Top 5 Fastest Growing Stocks in 2025

Top 5 Fastest Growing Stocks in 2025

Rediff.com24 Jun 2025

To help you ride the growth trajectory of India's equity markets, we have curated the top five fastest-growing stocks that hold an impressive upside. If you're planning to build a sound portfolio and capitalize on the growth of these leading institutions, it's time you watch these stocks.

AI crash compensation to follow Montreal Convention rules

AI crash compensation to follow Montreal Convention rules

Rediff.com13 Jun 2025

The nationality of the passengers onboard will define the minimum liability applicable to the airline operator as per the Montreal Convention, Prudent Insurance Brokers vice president (aviation & specialty lines) Hitesh Girotra said.

Don't Want IT Notice? Read This NOW!

Don't Want IT Notice? Read This NOW!

Rediff.com10 Jun 2025

Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.

Why Are People In Their 40s Losing Jobs?

Why Are People In Their 40s Losing Jobs?

Rediff.com14 Apr 2025

Bombay Shaving Company CEO Shantanu Deshpande highlights the alarming trend of people in their 40s losing their jobs, calling it a 'financial and emotional disaster.'

Woman injured during Pak aerial intrusion, dies

Woman injured during Pak aerial intrusion, dies

Rediff.com13 May 2025

Punjab Chief Minister Bhagwant Mann announced a Rs 5 lakh ex gratia from the Chief Minister's Relief Fund for the family of Sukhwinder Kaur. He expressed deep sorrow over Kaur's death.

Man kills business partner's 2 kids, hangs bodies over 'betrayal'

Man kills business partner's 2 kids, hangs bodies over 'betrayal'

Rediff.com27 Jan 2025

Police said they have found a note at the scene, in which the accused has purportedly admitted to killing the children due to the "betrayal" in their partnership in a bangle factory, and also mentioned his intent to commit suicide.

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Rediff.com7 Jul 2025

The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution professionals (RPs) and committees of creditors (CoCs) back to the drawing board to reassess their strategies for resolving corporate insolvencies.

Sebi bans IndusInd Bank former CEO, 4 others from securities mkt

Sebi bans IndusInd Bank former CEO, 4 others from securities mkt

Rediff.com28 May 2025

Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.

How to Ensure Life Insurance Claims After Tragedy

How to Ensure Life Insurance Claims After Tragedy

Rediff.com17 Jul 2025

If nominees pass away, distribution is governed by succession laws of insured's religion.

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Rediff.com20 Jun 2025

Amazon will invest more than Rs 2,000 crore (about $233 million) in India in 2025 as it strengthens its logistics and safety standards, said the ecommerce company on Thursday.

CAPE Fear: History Suggests Rich Valuations Precede Sharp Pullbacks

CAPE Fear: History Suggests Rich Valuations Precede Sharp Pullbacks

Rediff.com2 Jul 2025

Valuations at current levels have historically corresponded single-digit returns.

Upper-teens EPS growth likely for Gland Pharma in next two financial yrs

Upper-teens EPS growth likely for Gland Pharma in next two financial yrs

Rediff.com13 Nov 2024

Gland Pharma beat muted expectations for Q2FY25. There was increased Ebitda (Earnings before interest, taxes, depreciation and amortisation) loss at Cenexi, the CRAM subsidiary. However, overall Ebitda margin was better than expectations at 21.1 per cent. But given two years of earnings decline in FY23 and FY24, the business may have bottomed and upper-teens EPS (earnings per share) growth looks possible over next two financial years.

Bourses up vigil on SME IPOs: Mandate comprehensive financial disclosures

Bourses up vigil on SME IPOs: Mandate comprehensive financial disclosures

Rediff.com26 Sep 2024

Stock exchanges have intensified vigil on Small and Medium Enterprise (SME) listings by mandating more comprehensive financial disclosures and enhanced monitoring of utilisation of issue proceeds from investment bankers, amid rising instances of dubious practices. Bourses - responsible for vetting initial public offering (IPO) documents and granting approvals to SMEs - have tightened norms in recent weeks with further measures planned for new filings to safeguard investor interests, sources said.

Check Margins To Choose Right Tax Regime

Check Margins To Choose Right Tax Regime

Rediff.com29 May 2025

Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.

Sebi probing delayed disclosures of accounting lapses at IndusInd Bank

Sebi probing delayed disclosures of accounting lapses at IndusInd Bank

Rediff.com30 May 2025

https://www.rediff.com/business/report/why-ipo-bound-oyo-seeks-to-rename-parent-firm/20250530.htm

Paytm Apr-Jun quarter loss widens to Rs 840 cr

Paytm Apr-Jun quarter loss widens to Rs 840 cr

Rediff.com19 Jul 2024

Fintech firm One97 Communications, which owns Paytm brand, on Friday said its loss has widened to Rs 840 crore in the quarter ended June 30, primarily due to continued impact of restrictions on Paytm Payments Bank Ltd. The company had posted a loss of Rs 358.4 crore in the same period a year ago, according to a regulatory filing by the company. The consolidated revenue of Paytm declined 33.48 per cent to Rs 1,639.1 crore during the reported quarter, from Rs 2,464.2 crore in the same period a year ago.

RG Kar ex-principal's nexus with co-accused caused loss to govt: CBI

RG Kar ex-principal's nexus with co-accused caused loss to govt: CBI

Rediff.com7 Sep 2024

The central probe agency had also placed the findings before a special court in Kolkata during a hearing earlier in the week, he said.

No More ITR-2 for LTCG Up To 1.25 Lakh

No More ITR-2 for LTCG Up To 1.25 Lakh

Rediff.com2 May 2025

Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.

Why 767 Maharashtra Farmers Died By Suicide

Why 767 Maharashtra Farmers Died By Suicide

Rediff.com8 Jul 2025

'You've got to understand it is not easy to die by suicide.' 'People commit suicide only when they lose everything and find no other way to live.'

Is This The Right Time To Stay Invested In Small Caps?

Is This The Right Time To Stay Invested In Small Caps?

Rediff.com28 Apr 2025

Why try to time the market when time in the market works better? History shows that patient investors who stay the course often walk away with the real rewards, says Ramalingam Kalirajan.

'Pay Your Credit Card Loan ASAP'

'Pay Your Credit Card Loan ASAP'

Rediff.com29 Apr 2025

rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries

271 people admitted to hospital following Iran strikes: Israel

271 people admitted to hospital following Iran strikes: Israel

Rediff.com19 Jun 2025

So far, most of the injured have been released. Currently, 106 people are being treated in hospitals, and another 149 are being treated in the emergency room.

Indian banks in Canada fear biz loss amid row

Indian banks in Canada fear biz loss amid row

Rediff.com21 Oct 2024

If there is a decline in the number of Indian students pursuing higher studies in Canada due to the ongoing diplomatic tensions between the two countries, it may have implications for Indian banks operating in the North American country, senior bank officials said.

Centre plans to list at least five RRBs by FY27-end

Centre plans to list at least five RRBs by FY27-end

Rediff.com24 May 2025

After the merger of regional rural banks (RRBs) under the "One State, One RRB" policy to improve their efficiency and minimise competition among public-sector banks (PSBs) that sponsor them, the government is planning to list at least five RRBs by the end of financial year 2026-27 (FY27). After the latest amalgamation that came into effect on May 1, there are 28 RRBs in 26 states and two Union Territories (UTs), with more than 22,000 branches covering 700 districts.

Pakistan's Economy On Tenterhooks

Pakistan's Economy On Tenterhooks

Rediff.com20 May 2025

With general government debt now approaching three-quarters of GDP, and only incremental reform efforts visible, Pakistan risks prolonging its economic stagnation unless fundamental governance, regulatory, and industrial overhauls are undertaken.

'Small Cars Must Grow By 8-10% For...'

'Small Cars Must Grow By 8-10% For...'

Rediff.com11 Jun 2025

'...the auto industry to get back to 7% to 8% annual growth.' 'High growth in the SUV segment alone will not achieve this, as it is a small market.'

Paytm net loss widens to Rs 550 crore in Q4

Paytm net loss widens to Rs 550 crore in Q4

Rediff.com22 May 2024

Fintech firm One97 Communications, which owns the Paytm brand, on Wednesday said its loss in the fourth quarter of the financial year 2023-24 has widened to Rs 550 crore following the ban imposed by the RBI on transactions related to its payments bank. The company had posted a loss of Rs 167.5 crore in the same period a year ago, the company said in a regulatory filing. "Our fourth quarter FY24 results were impacted by temporary disruption on account of UPI transition etc. and permanent disruption because of the PPBL embargo.

I-T dept notifies ITR forms 1, 4 for AY 2025-26

I-T dept notifies ITR forms 1, 4 for AY 2025-26

Rediff.com30 Apr 2025

The income tax department has notified ITR forms 1 and 4 for assessment year (AY) 2025-26 that are to be filed by individuals and entities with total income of up to Rs 50 lakh a year. Now individuals having long-term capital gains of up to Rs 1.25 lakh in a fiscal year can also file ITR-1.

Urgent! Update Financial Details!

Urgent! Update Financial Details!

Rediff.com6 Dec 2023

Nominations and addresses are of paramount importance in bank accounts, insurance policies, mutual funds, etc.

Verstappen heartbroken as F1 set to axe his favorite track

Verstappen heartbroken as F1 set to axe his favorite track

Rediff.com19 May 2025

Four-time world champion Verstappen said he understood, with Monza having a contract to 2031 for the Italian Grand Prix, but also felt the loss.

Manipur name row: Meitei group raises bus incident with Centre

Manipur name row: Meitei group raises bus incident with Centre

Rediff.com28 May 2025

A delegation of a Meitei civil society group from Manipur has conveyed its concerns to the Centre over an incident where the state's name written on a bus windshield was covered with white paper. The group, Coordinating Committee on Manipur Integrity (COCOMI), expressed its commitment to peace and its willingness to cooperate in efforts to restore normalcy. They also raised concerns over the growing threats posed by narco-terrorism, cross border illegal immigration, and widespread illegal opium cultivation in the state.

How To Monsoon-Proof Your Car Ride

How To Monsoon-Proof Your Car Ride

Rediff.com13 Jun 2025

Even if you have a comprehensive motor insurance policy, it may not provide sufficient protection against monsoon-related risks.