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News for 'financial results'

NSE's Rs 1,388 cr Sebi plea could pave way for IPO

NSE's Rs 1,388 cr Sebi plea could pave way for IPO

Rediff.com26 Jun 2025

The National Stock Exchange (NSE) has offered to pay Rs 1,388 crore to the Securities and Exchange Board of India (Sebi) to settle the colocation and dark fibre cases, potentially clearing the way for its much-awaited initial public offering (IPO). This is the biggest-ever settlement plea made with the markets regulator.

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.

RBI's balance sheet increases 8.2% to Rs 76.25 lakh crore in FY25

RBI's balance sheet increases 8.2% to Rs 76.25 lakh crore in FY25

Rediff.com29 May 2025

The size of the Reserve Bank's balance sheet as on March 31, 2025 increased by 8.20 per cent year-on-year, leading to a bumper dividend of Rs 2.69 lakh crore for the central government. Increase on assets side was due to rise in gold, domestic investments and foreign investments by 52.09 per cent, 14.32 per cent and 1.70 per cent, respectively, said the RBI's Annual Report for the Year 2024-25 released on Thursday.

Odisha law prof murders father in front of mother over financial dispute

Odisha law prof murders father in front of mother over financial dispute

Rediff.com3 Jul 2024

Preliminary investigations suggest that financial disputes may have triggered the fatal confrontation.

Club World Cup: Boca Juniors hold Benfica; Flamengo win

Club World Cup: Boca Juniors hold Benfica; Flamengo win

Rediff.com17 Jun 2025

Miami's Hard Rock Stadium was awash in Argentine passion as Boca Juniors fans turned it into a little Buenos Aires for their team's 2-2 draw with Benfica on Monday.

74% rural households expect income growth in 1 yr: Survey

74% rural households expect income growth in 1 yr: Survey

Rediff.com18 Jun 2025

Around 74 per cent rural households expect their incomes to increase in the next one year, according to a bimonthly survey conducted by the National Bank for Agriculture and Rural Development (Nabard) in May 2025. The percentage recorded was 72 in March.

RBI cuts CRR to unlock Rs 2.5 lakh crore liquidity for banks

RBI cuts CRR to unlock Rs 2.5 lakh crore liquidity for banks

Rediff.com6 Jun 2025

Reserve Bank on Friday decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy. With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3 per cent.

Accounting lapses in derivatives to cost IndusInd Bank Rs 1,960 crore in FY25

Accounting lapses in derivatives to cost IndusInd Bank Rs 1,960 crore in FY25

Rediff.com28 Apr 2025

IndusInd Bank on Sunday said accounting lapses in the derivative portfolio will cost the bank Rs 1,960 crore in FY25. A bank-appointed external auditor has determined cumulative adverse accounting impact on P&L at Rs 1,959.98 crore as on March 31, which is similar to the amount disclosed on April 15, IndusInd Bank said in a regulatory filing.

Indian Tourists Head To Southeast Asia

Indian Tourists Head To Southeast Asia

Rediff.com2 Jul 2025

'Countries like Cambodia, Vietnam, Laos, and the Philippines have a 50 per cent increase in bookings.'

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.

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.

SBI@70: Who Says The Elephant Can't Dance?

SBI@70: Who Says The Elephant Can't Dance?

Rediff.com7 Jul 2025

While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.

Historic! Monthly allowance for Indian hockey players

Historic! Monthly allowance for Indian hockey players

Rediff.com20 Jun 2025

Currently, the hockey players draw salaries from the departments and organisations that they are employed with even though a proposal to have a graded contract system by Hockey India has been in the deliberation stage for past few years.

How US-based Jane Street siphoned Rs 36,000 cr from Indian markets

How US-based Jane Street siphoned Rs 36,000 cr from Indian markets

Rediff.com4 Jul 2025

The strategy was straightforward - aggressively buy select Bank Nifty index stocks in the morning and sell them just as forcefully later in the day, triggering a sharp drop in share prices.

HDFC Bank to pursue legal remedies against Mehta family of Lilavati Trust

HDFC Bank to pursue legal remedies against Mehta family of Lilavati Trust

Rediff.com9 Jun 2025

HDFC Bank on Sunday said that it will "pursue all lawful remedies" to recover public funds and address the retaliatory actions taken by the Mehta family of the Lilavati Kirtilal Mehta Medical (LKMM) Trust, which has filed a complaint against the bank's managing director (MD) & chief executive officer (CEO) Sashidhar Jagdishan alleging financial fraud.

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.

It Starts With A Casual Bet And Then...

It Starts With A Casual Bet And Then...

Rediff.com4 Jul 2025

In 2025 alone, at least 50 suicides linked to online gambling losses have been reported across India. According to FIRs, the victims were addicted to betting, largely driven by cricket, rummy and poker.

Want To Take Terrorism Insurance?

Want To Take Terrorism Insurance?

Rediff.com8 May 2025

Some products offer terrorism cover as part of the base offering, while in others it is an optional cover.

Old Vs New Tax Regime: Make The Right Choice

Old Vs New Tax Regime: Make The Right Choice

Rediff.com28 May 2025

Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.

Always Cross-Check Form 16 & 26AS

Always Cross-Check Form 16 & 26AS

Rediff.com4 Jun 2025

Deductions missed in Form 16 can still be claimed while filing ITR.

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"

Hero expects EV biz to break even with 30K monthly sales

Hero expects EV biz to break even with 30K monthly sales

Rediff.com15 May 2025

Hero MotoCorp is expecting its electric vehicle (EV) business to break even once it reaches monthly sales volumes of 25,000 to 30,000 units, which is a couple of years away, Chief Financial Officer (CFO) Vivek Anand said on Tuesday. "This year, in 2024-25 (FY25), if I really look at my EV performance, our volumes have grown by 200 per cent," Anand told analysts during the company's post-results conference call.

Will ATMs Dispense Rs 100, 200 By September?

Will ATMs Dispense Rs 100, 200 By September?

Rediff.com18 Jun 2025

Filling of Rs 100 and Rs 200 notes result in faster depletion and more frequent cash replenishment. This will cost banks and managed service providers more.

'Dravidian South Was Cradle Of Early Urban Modernity'

'Dravidian South Was Cradle Of Early Urban Modernity'

Rediff.com21 Jul 2025

'At Keeladi, we have not come across any evidence for organised religion.'

Bangladesh Unrest Hits India's Medical Tourism

Bangladesh Unrest Hits India's Medical Tourism

Rediff.com12 Jun 2025

Revenues from Bangladeshi patients have declined by 30% to 35% in 2024-2025. Bangladesh typically accounts for 70% to 75% of all medical visas issued by India.

Singapore Airlines to invest additional Rs 3,195 cr in Air India post Vistara merger

Singapore Airlines to invest additional Rs 3,195 cr in Air India post Vistara merger

Rediff.com10 Nov 2024

Singapore Airlines will make an additional investment of Rs 3,194.5 crore in Tata Group-owned Air India post-merger of Vistara in November. The merger, announced on November 29, 2022, and set to be completed on November 11, 2024, will result in Singapore Airlines having a 25.1 per cent stake in the enlarged Air India. Full-service carrier Vistara, which started flying on January 9, 2015, is a joint venture between Tatas and Singapore Airlines, where the latter holds a 49 per cent shareholding.

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

Now, Insurance For Money Loss From Online Scams

Now, Insurance For Money Loss From Online Scams

Rediff.com29 Apr 2025

In an age where personal data is a valuable commodity, investing in cyber insurance is not just a prudent choice; it is becoming a necessity for individuals and families alike, says T A Ramalingam.

Puri: 3 killed in stampede during Rath Yatra ceremony

Puri: 3 killed in stampede during Rath Yatra ceremony

Rediff.com29 Jun 2025

The incident took place around 4 am when hundreds of devotees gathered near the temple to witness Rath Yatra festivities, Puri district collector Siddharth S Swain said.

'Sensex Is Barometer Of Economy And Capital Markets'

'Sensex Is Barometer Of Economy And Capital Markets'

Rediff.com18 Jul 2025

'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'

Q2 results: Slow growth bottoming out in the top five IT companies

Q2 results: Slow growth bottoming out in the top five IT companies

Rediff.com26 Oct 2024

The second-quarter performance of the top five information-technology services firms gives the hint that slow growth has bottomed out on the back of discretionary spending kicking in for the sector's largest vertical - the banking and financial services. However, concern about the macro-environment continues to be a challenge. Among the top four - Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro - it is Bengaluru-based Infosys that has performed the best and that was evident in its full-year revenue guidance.

Industrialist Ratul Puri discharged in Rs 1,101-cr Moser Baer cases

Industrialist Ratul Puri discharged in Rs 1,101-cr Moser Baer cases

Rediff.com20 Jun 2025

An accused is discharged at the stage of charge-framing when the judiciary is persuaded that the prosecution's claims do not contain adequate prima facie evidence to suggest criminal conduct.

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.'

India opposes fresh $2.3 bn IMF loans to Pak over terror concerns

India opposes fresh $2.3 bn IMF loans to Pak over terror concerns

Rediff.com9 May 2025

India has opposed the International Monetary Fund's (IMF) proposal to extend fresh loans of USD 2.3 billion to Pakistan, citing concerns that the funds could be misused for financing state-sponsored cross-border terrorism. India abstained from voting at the IMF meeting, expressing concerns about Pakistan's track record and the possibility of debt financing being misused for terrorism. The IMF took note of India's statements and its abstention from the vote. India's opposition comes at a time when military conflict between India and Pakistan has intensified following a terrorist attack in Kashmir.

Airtel keen to tie up with Jio, VIL to fight fraud

Airtel keen to tie up with Jio, VIL to fight fraud

Rediff.com25 May 2025

Airtel has informed the government and regulator Trai that it has approached Reliance Jio and Vodafone Idea with a proposal for a joint initiative to unite the industry against rising telecom fraud and scams.

'Rely On Your Intelligence, Not On AI'

'Rely On Your Intelligence, Not On AI'

Rediff.com29 Jan 2025

'You must be good at using AI as a tool of learning but do not give up your own critical thinking.'

What Triggered Gopal Khemka's Murder?

What Triggered Gopal Khemka's Murder?

Rediff.com11 Jul 2025

The police claim businessman Ashok Sao paid Umesh Yadav Rs 400,000 to kill Gopal Khemka last Friday.

Why Mumbai, Bengaluru realtors are feeling the heat

Why Mumbai, Bengaluru realtors are feeling the heat

Rediff.com3 Jul 2025

'Every delay directly increases the cost burden on developers. Land holding charges, financing costs, and compliance expenses escalate as approvals drag on.'

MF assets surge 23% to hit record Rs 65.74 lakh cr in FY25

MF assets surge 23% to hit record Rs 65.74 lakh cr in FY25

Rediff.com19 May 2025

Mutual fund assets surged 23 per cent or over Rs 12 lakh crore year-on-year to reach a record of Rs 65.74 lakh crore in FY25, propelled by robust net inflows and mark-to-market gains amid buoyant equity and debt markets.

Market volatility slows MF investor additions

Market volatility slows MF investor additions

Rediff.com5 Jun 2025

New investor additions by mutual funds (MFs) have slowed dramatically in recent months, indicating that market correction and a rise in volatility are somewhat dimming the appeal of equity schemes. MFs have onboarded 300,000 new investors in April 2025, the lowest in 22 months.

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