News for 'financial losses'

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Rediff.com18 Jul 2025

In Q1FY26, the bank reported fresh slippages of 8,200 crore, up 71 per cent Y-o-Y and sequentially. Of this, 7,500 crore is from the retail segment.

Tata Sons, Singapore Airlines invest Rs 9,558 crore in Air India in 2024-25

Tata Sons, Singapore Airlines invest Rs 9,558 crore in Air India in 2024-25

Rediff.com25 Jun 2025

Tata Sons and Singapore Airlines invested Rs 9,558 crore in loss-making Air India in 2024-25, with the promoters pumping in Rs 4,306 crore alone in March this year.

As Election Nears, Patna Gets Metro Boost

As Election Nears, Patna Gets Metro Boost

Rediff.com29 May 2025

The metro, it seems, is politics-proof -- even if it comes at a high cost.

'Markets Are Testing Investors' Patience'

'Markets Are Testing Investors' Patience'

Rediff.com10 Mar 2025

'This is also a time when you realise that short-term trading and dabbling in derivatives may result in financial losses.'

6 Smart Ways To Manage Money During Tough Times

6 Smart Ways To Manage Money During Tough Times

Rediff.com23 Jun 2025

Tough times don't last, but tough people -- and smart financial strategies - do, says Ramalingam Kalirajan

Losses? Filing Nil ITR Is A Must

Losses? Filing Nil ITR Is A Must

Rediff.com26 Jun 2024

'Filing a nil ITR serves as a formal declaration to the tax authorities that your earnings fell below the taxable threshold in the given financial year, and you had no tax liability during that period.'

Is Telangana Headed For Bankruptcy?

Is Telangana Headed For Bankruptcy?

Rediff.com11 Jul 2025

Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.

AI 171 Crash: Insurance Cost: $475 Million

AI 171 Crash: Insurance Cost: $475 Million

Rediff.com1 Jul 2025

'$125 million for the hull and the remaining of over $350 million for liability.'

RBI considers fresh guidelines to curb mis-selling

RBI considers fresh guidelines to curb mis-selling

Rediff.com10 Jun 2025

Concerned over the rise in mis-selling of products by banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) is examining whether to come up with norms to curb such practices. Observing that pushing financial products, such as insurance, indiscriminately to unaware consumers may be detrimental to their well-being, RBI Deputy Governor M Rajeshwar Rao said, "We are examining whether it necessitates framing of guidelines to address mis-selling of financial products and services by REs (regulated entities)."

ISL Clubs Threaten To Cease Operations!

ISL Clubs Threaten To Cease Operations!

Rediff.com16 Aug 2025

ISL clubs warn AIFF of possibility of their shutting down entirely if current impasse not resolved

Railways plan to carry 45 pc of national cargo by 2030

Railways plan to carry 45 pc of national cargo by 2030

Rediff.com22 Jul 2025

Experts say Indian Railways must grow its share in the freight market to remain financially sustainable.

Wrong ITR Form Can Delay Tax Returns

Wrong ITR Form Can Delay Tax Returns

Rediff.com27 May 2025

The return filed could be treated as defective, invalid, or even be considered as not filed at all.

Why Theatres Are Losing To OTT

Why Theatres Are Losing To OTT

Rediff.com5 Jul 2025

Over-the-top platforms make it difficult for movies to run for long periods on the silver screen, thus hurting the cinema industry.

Tata Sons dividend income may have slipped in FY25

Tata Sons dividend income may have slipped in FY25

Rediff.com14 Jun 2025

Tata Sons' dividend from Tata group companies for last financial year is expected to show a decline of 3.5 per cent to Rs 36,514 crore from Rs 37,832 crore a year earlier. This should be the first year-on-year decline in Tata Sons' dividend in the last nine years. The holding company had last reported a decline in FY16, when its proceeds had gone down 42.5 per cent to Rs 6,898 crore from Rs 11,993 crore a year earlier.

Heard About Long-Short Funds?

Heard About Long-Short Funds?

Rediff.com31 Jul 2025

'Long-short SIFs are designed for seasoned, high-risk, high-reward investors, who understand market volatility.'

Narrow band IoT is preferred connectivity option for smart meters

Narrow band IoT is preferred connectivity option for smart meters

Rediff.com20 Jun 2025

NB-IoT provides cellular-based connectivity with wide coverage and low power consumption, making it ideal for large-scale smart metering deployments.

Can India do without Russian oil?

Can India do without Russian oil?

Rediff.com10 Aug 2025

'Indian refiners can operate without Russian crude from a technical standpoint, but the shift would involve major economic and strategic trade-offs'

Grasim: Investors bet on paints, ignore weakness in core biz

Grasim: Investors bet on paints, ignore weakness in core biz

Rediff.com18 Jun 2025

The AV Birla group flagship Grasim Industries has been an outperformer on the bourses. The company's stock price is up 56.5 per cent in the last

After FIR, Himachal minister calls NHAI officials 'most corrupt'

After FIR, Himachal minister calls NHAI officials 'most corrupt'

Rediff.com2 Jul 2025

Singh said that about 150 people including women and forest, revenue and other officials were present at the time of the incident, and if the officials were assaulted, "why are there no eyewitnesses".

IndiGo posts highest Q4 profit of Rs 3,068 cr on strong air travel demand

IndiGo posts highest Q4 profit of Rs 3,068 cr on strong air travel demand

Rediff.com21 May 2025

InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Wednesday posted its highest ever fourth-quarter profit after tax of Rs 3,067.5 crore, mainly helped by strong air travel demand. The company's profit after tax in the three months ended March 2025 jumped 62 per cent from Rs 1,894.8 crore in the year-ago period.

Why Trump Is A Man In A Hurry

Why Trump Is A Man In A Hurry

Rediff.com31 Jul 2025

Trump is confident the US will eventually emerge the winner from whatever turmoil his policies cause, notes T T Ram Mohan.

Dispute with Biyani-led Future group: Amazon awarded Rs 23.7 cr in damages

Dispute with Biyani-led Future group: Amazon awarded Rs 23.7 cr in damages

Rediff.com30 Jun 2025

The Singapore International Arbitration Centre (SIAC) has awarded Rs 23.7 crore in damages, besides arbitration and litigation costs, to Amazon in its long-running dispute with the Kishore Biyani-led Future Group. The three-member bench of the tribunal held that Future Group had breached the terms of its contract with Amazon by entering into a transaction with Reliance.

Chandra says Tata Steel's UK ops will turn Ebitda-positive this year

Chandra says Tata Steel's UK ops will turn Ebitda-positive this year

Rediff.com3 Jul 2025

Tata Steel's UK operations, which have largely been a struggle since the acquisition, are expected to turn earnings before interest, tax, depreciation, and amortisation (Ebitda)-positive this financial year (2025-26/FY26) and possibly profitable by the next. Responding to shareholder queries at Tata Steel's annual general meeting, Tata group chairman N Chandrasekaran said, "We expect the UK to perform much better this year compared to last year - it will definitely be Ebitda-positive."

Rajasthan school collapse: 'Teachers went out, left kids behind'

Rajasthan school collapse: 'Teachers went out, left kids behind'

Rediff.com26 Jul 2025

"I've lost everything... I had only two children, a boy and a girl, and both are gone. My home is empty... There's no one left to play in the courtyard. I wish God had taken me instead and spared my children," she said.

Home Deal: 'Fair Or Has My Builder Cheated Me?'

Home Deal: 'Fair Or Has My Builder Cheated Me?'

Rediff.com24 Jun 2025

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

Debt MFs Vs FDs

Debt MFs Vs FDs

Rediff.com24 Jul 2025

Despite similar tax treatment, debt MFs enjoy certain advantages over FDs.

Nifty to continue upward trajectory in H2CY25, says analysts

Nifty to continue upward trajectory in H2CY25, says analysts

Rediff.com9 Jul 2025

Analysts expect Nifty to rise up by to 6 per cent in six months, with intermittent corrections likely due to global factors.

Affordable Homes Within Reach As Banks Ease Lending Norms

Affordable Homes Within Reach As Banks Ease Lending Norms

Rediff.com8 Jul 2025

The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.

Akshay's Grand Gesture For Stuntmen

Akshay's Grand Gesture For Stuntmen

Rediff.com19 Jul 2025

Akshay Kumar has been personally funding medical insurance premiums worth Rs 6 crore to Rs 7 crore annually for over 650 stuntmen and their families for the past eight years.

Bhushan Steel Case: Urgent Need For IBC Reforms

Bhushan Steel Case: Urgent Need For IBC Reforms

Rediff.com29 May 2025

The Supreme Court's ruling in the BPSL case exposes deep flaws in the IBC's institutional framework and raises concern about judicial overreach, notes Rajeswari Sengupta.

Respond to taxman's notice, file revised or updated return

Respond to taxman's notice, file revised or updated return

Rediff.com27 Jun 2025

The Income-Tax (I-T) Department has detected widespread tax evasion involving cryptocurrencies and, according to media reports, has issued emails to thousands of defaulting taxpayers seeking transaction details. Investors must understand the tax rules governing crypto assets and respond promptly to these emails.

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.

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"

HC grants pre-arrest bail to NewsClick founder, cites prolonged probe

HC grants pre-arrest bail to NewsClick founder, cites prolonged probe

Rediff.com24 Jul 2025

The court said there is nothing on record to suggest that since 2023, Purkayastha was ever called to join the investigations.

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

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.

'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.'

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.

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.

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.