News for 'Financial Performance'

Performance, fitness key as Pakistan Cricket Board launches new contract system

Performance, fitness key as Pakistan Cricket Board launches new contract system

Rediff.com15 Jun 2026

The Pakistan Cricket Board (PCB) has launched a new central contracts system, categorising players based on their specialisation in red-ball, white-ball (ODI/T20), and T20/franchise cricket. This new structure aims to provide clear pathways, improve financial benefits for red-ball players, and ensure transparency in selection through data analysis.

Vedanta Aluminium Metal set to be top performer post-demerger

Vedanta Aluminium Metal set to be top performer post-demerger

Rediff.com6 days ago

The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.

Tata Motors CV business pivots to logistics, mobility platforms for resilient growth

Tata Motors CV business pivots to logistics, mobility platforms for resilient growth

Rediff.com5 days ago

Tata Motors' commercial vehicle (CV) business is strategically repositioning itself from a traditional truck manufacturer to a comprehensive logistics and mobility platform, aiming to reduce dependence on cyclical vehicle demand by accelerating growth in digital, international, and services segments.

LIC emerges as highest profit-making financial company in Jan-Mar quarter

LIC emerges as highest profit-making financial company in Jan-Mar quarter

Rediff.com24 May 2026

State-owned Life Insurance Corporation of India (LIC) has reported a net profit of over Rs 23,400 crore for the January-March quarter, making it the highest profit-making firm in the Indian financial sector during this period, surpassing major banks like SBI and HDFC Bank.

Women's Cricket A Loss-Making Proposition For ICC

Women's Cricket A Loss-Making Proposition For ICC

Rediff.com5 Jun 2026

In the last decade, only two Women's World Cups (in 2020 and 2023) managed to generate profits.

Torrent Pharma's India Business and Margin Expansion Fuel Brokerage Confidence

Torrent Pharma's India Business and Margin Expansion Fuel Brokerage Confidence

Rediff.com7 days ago

Torrent Pharma has emerged as a top sectoral pick for brokerages, driven by healthy growth in India revenues and improved gross margins, leading to a 44 per cent stock return over the past year.

Adani Power to invest Rs 2 trn over 5 years

Adani Power to invest Rs 2 trn over 5 years

Rediff.com5 days ago

Adani Group Chairman Gautam Adani announced a capital expenditure programme of over 2 trillion for Adani Power, aiming for 45 gigawatts (Gw) capacity in five years, including a significant entry into nuclear power with a target of 10 Gw by 2035 through Adani Atomic Energy.

'I have no sponsors, no job': Sindhushree used borrowed pole to break national record

'I have no sponsors, no job': Sindhushree used borrowed pole to break national record

Rediff.com3 days ago

G Sindhushree lacked the funds to buy proper equipment after her father's death in 2022, forcing her to compete with shorter poles until she borrowed a longer one just two weeks before the National Inter-State Championships in Bhubaneswar.

RBI to pay record dividend of Rs 2.87 lakh crore to govt for FY26

RBI to pay record dividend of Rs 2.87 lakh crore to govt for FY26

Rediff.com22 May 2026

The Reserve Bank of India (RBI) has declared a record Rs 2.87 lakh crore dividend to the government for the 2025-26 financial year, offering significant financial flexibility amidst global economic uncertainties.

Stock markets today: Sensex, Nifty opened in red, then recovered

Stock markets today: Sensex, Nifty opened in red, then recovered

Rediff.com1 days ago

Market benchmark indices Sensex and Nifty drifted lower in early trade on Monday amid renewed hostilities between the US and Iran. The 30-share BSE Sensex declined 63.65 points to 77,047.63 during initial trading. The 50-share NSE Nifty went marginally up by 16.55 points to 24,070.20. Later, the BSE benchmark dropped 246.54 points to 76,853.93, and the Nifty dipped 50.55 points to 24,005.45. Track Sensex, Nifty on June 29.

JK cardiologist suspended for operating on healthy hearts

JK cardiologist suspended for operating on healthy hearts

Rediff.com20 Jun 2026

A doctor in Anantnag, Jammu and Kashmir, has been suspended following an inquiry into alleged large-scale procedural irregularities, including a pacemaker implantation scam where nearly 50 per cent of evaluated patients underwent unnecessary advanced cardiac surgical procedures. The inquiry revealed fraudulent insurance claims, patient exploitation, and manipulation of medical records.

5 Reasons Education Loans Can Be A Smart Investment

5 Reasons Education Loans Can Be A Smart Investment

Rediff.com22 Jun 2026

Rising study-abroad costs are prompting families to use education loans strategically while preserving savings, liquidity and long-term financial stability, says Yogesh Rawat

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Akasa Air targets IPO in 2-4 years, maintains 30-40% growth despite challenges

Rediff.com5 days ago

Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.

Cape Verde dream big after stunning World Cup start

Cape Verde dream big after stunning World Cup start

Rediff.com7 days ago

Cape Verde, making their World Cup debut, have defied expectations by drawing with football giants Spain and Uruguay.

Air India defers increments, asks staff to cut costs

Air India defers increments, asks staff to cut costs

Rediff.com9 May 2026

Air India has deferred annual salary increments for its staff by at least one quarter and urged a "relentless focus on costs" due to external headwinds like the closure of Pakistan airspace, West Asia conflict, rupee depreciation, and a significant surge in aviation turbine fuel prices, though the airline has assured there will be no layoffs.

India Inc's FY27 earnings forecast cut amid Iran war

India Inc's FY27 earnings forecast cut amid Iran war

Rediff.com28 Apr 2026

Analysts are revising down India Inc's financial year 2026-27 (FY27) earnings growth forecasts, citing persistently high crude oil prices above $100 a barrel due to the West Asia conflict, which is expected to dent corporate financial performance in the coming quarters.

The Lifestyle Inflation Trap: Is Earning More Actually Making You Poor?

The Lifestyle Inflation Trap: Is Earning More Actually Making You Poor?

Rediff.com6 days ago

Rising income feels like success but unchecked lifestyle inflation traps urban professionals into financing a more expensive version of living paycheck-to-paycheck -- buying material upgrades instead of true future financial freedom.

BSE Q4 Results 2026: Profit Jumps 61%, Revenue Soars 85%, Rs 10 Dividend Announced

BSE Q4 Results 2026: Profit Jumps 61%, Revenue Soars 85%, Rs 10 Dividend Announced

Rediff.com8 May 2026

Leading stock exchange BSE Ltd announced a 61 per cent increase in consolidated net profit to Rs 795.47 crore for the March quarter, driven by higher income, and reported its highest-ever performance in its 150-year history for the full financial year 2025-26.

PCB announces significant pay hike for centrally contracted players

PCB announces significant pay hike for centrally contracted players

Rediff.com18 Jun 2026

The Pakistan Cricket Board (PCB) is set to significantly increase match fees and monthly retainers for centrally contracted players, particularly those in the red ball Track A category, for the 2026/27 cycle. The new contracts also introduce format-based categories and substantial bonuses for winning ICC and Asia Cup events.

9 Major Charges In Sebi's Rajesh Exports Order

9 Major Charges In Sebi's Rajesh Exports Order

Rediff.com4 Jun 2026

The company said Valcambi was the engine driving the group's business, but Valcambi's audited accounts showed revenues that were only a fraction of what the group reported. That raised a major red flag.

Unheralded G Sindhushree Sets New Pole Vault National Record, Qualifies For Asian Games

Unheralded G Sindhushree Sets New Pole Vault National Record, Qualifies For Asian Games

Rediff.com4 days ago

Karnataka's G Sindhushree, an unheralded pole vaulter, achieved a new national record of 4.25m at the National Inter-State Senior Athletics Championships in Bhubaneswar. This performance not only secured her a gold medal but also a spot in the Asian Games. Overcoming personal hardships, Sindhushree dedicated her achievement to her late father. The event also saw other athletes like Animesh Kujur, Harshita Bhadra, Manpreet Kaur, Gowthami Jayaraman, Mohammed Afsal, and N Thowfeeq qualify for the Asian Games in various disciplines.

How To Pick Smallcap Funds

How To Pick Smallcap Funds

Rediff.com4 days ago

Investors now have 27 passive smallcap funds to choose from 17 index funds and 10 ETFs.

Sensex Jumps 919 Points as Financial Stocks Lead Market Rebound

Sensex Jumps 919 Points as Financial Stocks Lead Market Rebound

Rediff.com10 Apr 2026

Indian benchmark indices Sensex and Nifty surged over 1 per cent, with the Sensex jumping 918.60 points, driven by strong buying in banking and financial counters and a positive trend in global equities, fuelled by hopes of easing West Asia tensions.

T20 World Cup: Mother sold her jewellery to buy me cricket kit: Kranti Gaud

T20 World Cup: Mother sold her jewellery to buy me cricket kit: Kranti Gaud

Rediff.com7 days ago

Despite becoming a regular member of the Indian women's cricket team, pacer Kranti Gaud has not forgotten her roots and the sacrifices that her parents made to support her career and she wants to repay their faith by excelling at the ongoing T20 World Cup in Manchester.

Global Firms Invest Rs 963 Crore In Paytm Parent Company

Global Firms Invest Rs 963 Crore In Paytm Parent Company

Rediff.com23 May 2026

Global financial institutions, including Goldman Sachs and Citigroup, have invested Rs 963 crore in One 97 Communications (Paytm's parent company) through open market transactions, acquiring a 1.34 per cent stake from SAIF Partners and Elevation Capital.

RBI Proposes AI Risk Management Framework

RBI Proposes AI Risk Management Framework

Rediff.com5 days ago

Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.

4 Finance Careers That Really Pay Well

4 Finance Careers That Really Pay Well

Rediff.com28 May 2026

In the latest Rediff series exploring non-traditional careers, Sandeep Goel, professor and dean-research at MDI, Gurgaon lists a range of high-growth finance careers beyond CA, CS, and MBA degrees.

India Post's Biggest Makeover in 150 Years

India Post's Biggest Makeover in 150 Years

Rediff.com3 days ago

India Post is reinventing itself from a traditional mail service into a modern logistics, e-commerce, and real estate powerhouse. Several post offices situated inside major university campuses, called Gen Z post offices, have received a facelift, with cafe-like decor and wi-fi availability.

Why are Gen Z investors ditching monthly SIPs for weekly and daily SIPs?

Why are Gen Z investors ditching monthly SIPs for weekly and daily SIPs?

Rediff.com18 Jun 2026

Gen Z is a generation that has been raised in a digital-first era, where shopping, payment, and monetary transactions are done within seconds via smartphones. Moreover, the new flexibility offered by investing platforms is encouraging young investors to opt for investment frequencies that align with their spending patterns and lifestyle. This change has brought up an interesting debate on whether daily and weekly SIPs are better than monthly investments.

Why hospital stocks are thriving despite broader market dips

Why hospital stocks are thriving despite broader market dips

Rediff.com28 May 2026

Hospital stocks have emerged as a strong theme in 2026, outperforming benchmark indices due to robust earnings growth, improved occupancy, higher average revenue per occupied bed, and aggressive expansion plans by major chains.

Paint Majors' Outlook Brightens on Robust Demand, Strategic Price Hikes

Paint Majors' Outlook Brightens on Robust Demand, Strategic Price Hikes

Rediff.com8 Jun 2026

Indian paint majors, including Asian Paints, Berger Paints, and Kansai Nerolac, reported better-than-expected performance in Q4FY26, driven by steady demand, improved product mix, and strategic price hikes. The sector is also benefiting from reduced competitive intensity as new players also increase prices, narrowing the gap with incumbents.

How To Choose A Retail Algo

How To Choose A Retail Algo

Rediff.com7 days ago

Algo strategies must be registered with stock exchanges.

Con City Review: Heist Comedy That Keeps Misfiring

Con City Review: Heist Comedy That Keeps Misfiring

Rediff.com3 days ago

Con City has a fun premise and a handful of clever scams, but its biggest con is convincing you it's smarter than it really is.

Assess Mythos Threat By June 30: RBI To Banks

Assess Mythos Threat By June 30: RBI To Banks

Rediff.com17 Jun 2026

'...A new challenge has emerged in the form of Mythos.'

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Rediff.com20 May 2026

Public-sector banks (PSBs) in India have reported an 11.2 per cent year-on-year rise in net profit, reaching a record 1.98 trillion in FY26, marking their fourth consecutive year of profitability, driven by sustained business growth, improved asset quality, and strong capital positions.

IndiGo's Q4 Loss Hits Rs 2,537 Crore Due to Rupee Depreciation, Operational Headwinds

IndiGo's Q4 Loss Hits Rs 2,537 Crore Due to Rupee Depreciation, Operational Headwinds

Rediff.com29 May 2026

IndiGo, India's largest airline, reported a net loss of Rs 2,536.9 crore in the March quarter of fiscal year 2025-26, primarily attributed to a significant foreign exchange loss of approximately Rs 8,100 crore, the impact of December flight disruptions, and expenses related to new labour laws.

Sensex,Nifty Decline as US-Iran Tensions, FII Outflows Weigh on Sentiment

Sensex,Nifty Decline as US-Iran Tensions, FII Outflows Weigh on Sentiment

Rediff.com11 Jun 2026

Indian equity benchmark indices Sensex and Nifty closed lower on Thursday, driven by escalating tensions between the US and Iran, persistent foreign fund outflows, and concerns over rising US inflation.

World Cup 2026 Set to Shatter All-Time Sports Gambling Records

World Cup 2026 Set to Shatter All-Time Sports Gambling Records

Rediff.com4 days ago

World Cup 2026 is on track to become the biggest betting event in history, with global wagers expected to exceed $50 billion as sportsbooks report record-breaking activity driven by the expanded tournament format and growing legal gambling markets.

Indian Pharma Bets Beyond US Generics

Indian Pharma Bets Beyond US Generics

Rediff.com4 days ago

Companies are investing heavily in complex injectables, respiratory therapies and biosimilars to improve margins and diversify portfolios.

SBI's Q4 Profit Jumps 6% to Rs 19,684 Crore as Bad Loans Decline

SBI's Q4 Profit Jumps 6% to Rs 19,684 Crore as Bad Loans Decline

Rediff.com8 May 2026

State Bank of India (SBI) reported a 6 per cent increase in standalone net profit to Rs 19,684 crore for the fourth quarter ended March 2026, driven by a significant decline in bad loans.