News for 'fy'

Maruti lines up Rs 925 cr to ramp up solar capacity

Maruti lines up Rs 925 cr to ramp up solar capacity

Rediff.com4 Jun 2025

Maruti Suzuki India on Wednesday said it plans to invest over Rs 925 crore to expand its captive solar capacity to 319 MWp by FY2030-31. The car market leader announced the expansion of its solar capacity by 30MWp with two new projects.

Bajaj Auto's premium segment revival needs more than just a kickstart

Bajaj Auto's premium segment revival needs more than just a kickstart

Rediff.com9 Jun 2025

Bajaj Auto - the country's most valuable two-wheeler (2W) company by market capitalisation - met Street expectations in the January-March quarter (Q4) of 2024-25 (FY25) but still ended Friday as the worst performer on the Nifty 50, slipping 3.1 per cent.

Early-bird Q4 results reflect earning hiccups

Early-bird Q4 results reflect earning hiccups

Rediff.com5 May 2025

Early-bird results for the January-March 2025 quarter (Q4FY25) suggest a slowdown in earning growth for India Inc, despite a benign cost environment that has led to an improvement in margins. The combined net profit (adjusted for exceptional gains and losses) of 175 early-reporting companies rose by 3.8 per cent year-on-year (Y-o-Y) in Q4FY25, marking the slowest growth in 17 quarters.

'Retail losses in derivatives is a concern'

'Retail losses in derivatives is a concern'

Rediff.com5 Aug 2025

'Sebi's measures are necessary to align the derivatives market with its underlying cash market, as the current disconnect is unsustainable.'

Rentals on rise: Robust office space demand set to benefit landowners

Rentals on rise: Robust office space demand set to benefit landowners

Rediff.com19 Aug 2025

Office space owners are looking at good times ahead as rentals are expected to rise due to demand for Grade A office spaces outpacing supply that has been sluggish due to construction delays, long gestation periods and developers' interests shifting to residential.

Pine Labs CEO Amrish Rau may net Rs 1,000 crore as firm files for IPO

Pine Labs CEO Amrish Rau may net Rs 1,000 crore as firm files for IPO

Rediff.com28 Jun 2025

As fintech major Pine Labs gears up for its initial public offering (IPO), its Draft Red Herring Prospectus has highlighted its top executives' pay and stock options, including those of Chief Executive Officer (CEO) Amrish Rau. Rau's net worth is estimated at Rs 850 crore-1,000 crore following the IPO.

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.

'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.'

India projected to grow 6.4% in 2025 & 2026: IMF

India projected to grow 6.4% in 2025 & 2026: IMF

Rediff.com30 Jul 2025

India is projected to grow at 6.4 per cent in fiscal year 2025 and 2026, and the country's stable growth is driven by a reform momentum supporting robust consumption growth and a push for public investment, the International Monetary Fund has said. The IMF released its World Economic Outlook (WEO) Update on Tuesday.

Adani Ports, JSW Infra make logistics anchor for cargo growth plans

Adani Ports, JSW Infra make logistics anchor for cargo growth plans

Rediff.com24 May 2025

Adani Ports and JSW Infrastructure, India's leading private port operators, are expanding their logistics services to capture extra cargo while they run integrated transport services. "With incrementally less availability of lucrative port assets that can drive cargo volumes, port operators have naturally shifted their focus on deriving value in the upstream integration, i.e., the logistics space.

Regaining share key to more upside in automobile major Hero MotoCorp

Regaining share key to more upside in automobile major Hero MotoCorp

Rediff.com2 Jul 2025

Hero MotoCorp Ltd (HMCL) has been the best-performing auto stock over the last three months, gaining over 17 per cent during this period. Multiple tailwinds, especially on the rural front, are expected to boost its volumes. In addition to the demand drivers, new launches too should help drive growth both in the commuter and premium motorcycle categories.

Industrial output growth slows to 9-month low of 1.2% in May

Industrial output growth slows to 9-month low of 1.2% in May

Rediff.com30 Jun 2025

India's industrial production growth slowed to a nine-month low of 1.2 per cent in May 2025 due to poor performance of manufacturing, mining and power sectors caused by the early onset of monsoon, according to official data released on mMonday. The factory output, measured in terms of the Index of Industrial Production (IIP), had expanded by 6.3 per cent in May 2024.

'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.'

Growth to remain muted for IT services firms in Q1 amid macro uncertainty

Growth to remain muted for IT services firms in Q1 amid macro uncertainty

Rediff.com7 Jul 2025

Indian information technology (IT) service providers are expected to deliver low single-digit sequential growth in the first quarter (April-June) of 2025-26 (FY26), even as macroeconomic uncertainties continue to persist due to the volatile geopolitical environment.

Why Affordable Housing Will Remain Muted Despite Rate Cut

Why Affordable Housing Will Remain Muted Despite Rate Cut

Rediff.com10 Jul 2025

While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors.

Cut in FY25 estimates likely to keep SBI Life stock under pressure

Cut in FY25 estimates likely to keep SBI Life stock under pressure

Rediff.com4 Nov 2024

SBI Life Insurance reported a weak performance in Q2FY25. The annual premium equivalent or APE grew 3 per cent year-on-year (Y-o-Y) to Rs 5,390 crore. For the first half of financial year 2025 (H1FY25), it grew 9 per cent Y-o-Y to Rs 9,030 crore.

SUVs The Flavour While Small Cars Remain Out of Reach

SUVs The Flavour While Small Cars Remain Out of Reach

Rediff.com29 May 2025

The country's biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales.

India Inc sends mixed signals on H2FY25 capex path

India Inc sends mixed signals on H2FY25 capex path

Rediff.com16 Nov 2024

After subdued earnings in the first half amid global headwinds, India Inc is taking a cautious approach on their capital expenditure (capex) for the second half of the financial year ending March 2025, according to management commentary. Minutes from the October monetary policy meeting show the Reserve Bank of India's (RBI's) optimism about private investments picking up.

CPSE dividend likely to cross record FY24 tally

CPSE dividend likely to cross record FY24 tally

Rediff.com29 Oct 2024

The Centre may overshoot the Rs 56,260 crore target for dividend receipts from central public-sector enterprises (CPSEs) set for FY25 and is likely to end up getting around Rs 65,000 crore this financial year, according to a senior government official. This excludes dividend from nationalised banks and financial institutions. As on October 21, the Centre collected Rs 28,913 crore as dividend and other investment from CPSEs, accounting for over 50 per cent of the Budget Estimate for FY25.

Correct Bogus I-T Deductions Today!

Correct Bogus I-T Deductions Today!

Rediff.com30 Jul 2025

One of the most exploited provisions is Section 10(13A), which permits exemption on HRA.

250,000 AI 'Experts' At India's IT Firms

250,000 AI 'Experts' At India's IT Firms

Rediff.com30 Jul 2025

'Advanced skills is such a broad spectrum that a simple prompt engineer to a critical upper end LLM developer are clubbed under one.' 'In addition, some include their non-technical employees who can use AI tools under this talent base.'

'The RBI has started to support growth'

'The RBI has started to support growth'

Rediff.com2 Jul 2025

'Deposit and lending rates have started to fall considerably. It is likely to spur investment and consumption of durables.'

Consistently healthy performance behind Marico's high stock valuation

Consistently healthy performance behind Marico's high stock valuation

Rediff.com13 May 2025

Marico reported consolidated revenue growth of 20 per cent year-on-year (Y-o-Y) during the January-March quarter (Q4) of FY25. Domestic revenue surged 23 per cent Y-o-Y, while volume growth was 7 per cent. International growth stood at 11 per cent (16 per cent in constant currency growth).

No Time Cap on Tax Pleas: FinMin

No Time Cap on Tax Pleas: FinMin

Rediff.com24 Jul 2025

'As a result of delays, the desired reliefs are not coming for taxpayers.'

Banks eye Rs 1 trn via infra bond issuances in FY25

Banks eye Rs 1 trn via infra bond issuances in FY25

Rediff.com27 Nov 2024

Infrastructure bond issuances by commercial banks in the current financial year (FY25) are likely to surpass Rs 1 trillion, almost double that of FY24, market participants said. So far this financial year, banks have raised Rs 74,256 crore via infra bonds. In FY24, the total issuances stood at around Rs 51,081 crore.

Markets fall on selling in IT shares, foreign fund outflows

Markets fall on selling in IT shares, foreign fund outflows

Rediff.com14 Jul 2025

Benchmark stock indices Sensex and Nifty declined on Monday, extending the losing run to the fourth day amid selling in IT shares and foreign fund outflows. The 30-share BSE Sensex dropped by 247.01 points or 0.30 per cent to settle at 82,253.46. During the day, it fell 490.09 points or 0.59 per cent to 82,010.38 but recovered some of the losses towards the close.

India Set For Rs 32 Trillion Defence Budget... In 2047

India Set For Rs 32 Trillion Defence Budget... In 2047

Rediff.com2 Jun 2025

'Make-in-India played a key role in India's effective action against terrorism during Operation Sindoor.'

Real estate giant DLF aims to launch Mumbai project by next quarter

Real estate giant DLF aims to launch Mumbai project by next quarter

Rediff.com19 Jun 2025

DLF will officially launch its Mumbai housing project in the next quarter as the company has received the RERA approval a day before, while the real estate major sold out all 1,164 units in its luxury residential project Privana North securing Rs 11,000 crore revenue, DLF Homes joint managing director and chief business officer Aakash Ohri said.

Paint major Berger's palette finds contrast in a washed-out quarter

Paint major Berger's palette finds contrast in a washed-out quarter

Rediff.com26 May 2025

Listed paint majors posted another lacklustre showing in the January-March quarter (Q4) of 2024-25 (FY25), with average revenue growth under 3 per cent. Sales were weighed down by Asian Paints - the market leader and the only major to report a year-on-year (Y-o-Y) decline.

Why Is Foxconn Pulling Staff From India?

Why Is Foxconn Pulling Staff From India?

Rediff.com3 Jul 2025

The Foxconn move may have been prompted by the Chinese government's focus on strengthening its supply chain.

IMF lowers India's growth projection to 6.2% for FY26

IMF lowers India's growth projection to 6.2% for FY26

Rediff.com22 Apr 2025

The Indian economy is projected to grow at 6.2 per cent in 2025-26, slower than earlier estimated rate of 6.5 per cent, due to escalated trade tensions and global uncertainty, the International Monetary Fund (IMF) said on Tuesday. "For India, the growth outlook is relatively more stable at 6.2 per cent in 2025, supported by private consumption, particularly in rural areas," IMF said in its World Economic Outlook (WEO).

Change of stance to neutral doesn't mean pause on rate cut: Economists

Change of stance to neutral doesn't mean pause on rate cut: Economists

Rediff.com18 Jun 2025

The change in stance to neutral from accommodative in the June monetary policy meeting does not necessarily signal that the Reserve Bank of India's (RBI's) rate setting body - monetary policy committee (MPC) - will go on a prolonged pause on rate cuts going forward, believe experts.

Why Is SEBI Probing A Trading Giant?

Why Is SEBI Probing A Trading Giant?

Rediff.com21 Jun 2025

Sebi's probe against Jane Street is part of its efforts to mitigate losses for individual derivative traders.

Defence stocks on growth warpath as order blitz fuels bullish outlook

Defence stocks on growth warpath as order blitz fuels bullish outlook

Rediff.com12 May 2025

Defence stocks have been on a tear, with the Nifty India Defence index hitting all-time highs. Over the past week, the index jumped around 7 per cent, far outpacing the flat performance of the Nifty 50. Over the past month, its 12 per cent gain has trebled the benchmark's return.

Pakistan Boosts Military Spending By 20%

Pakistan Boosts Military Spending By 20%

Rediff.com11 Jun 2025

India has decided to submit a dossier at the upcoming Financial Action Task Force (FATF) meeting, calling for Pakistan to be placed back on the grey list of the global money laundering and terrorist financing watchdog.

10 Indian Startups in WEF Top 100

10 Indian Startups in WEF Top 100

Rediff.com27 Jun 2025

Notably, four portfolio companies-- Agnikul, ePlane, CynLr, and GalaxEye -- of deep-tech investor Speciale Invest made it to the list.

Pharma Inc hopes for fair deal as Donald Trump announces 25% tariffs

Pharma Inc hopes for fair deal as Donald Trump announces 25% tariffs

Rediff.com31 Jul 2025

India's pharmaceuticals and medical devices industries are still hopeful that trade negotiations with the US could cut a fairer deal for both sides, after President Donald Trump announced a 25 per cent tariff rate on India on a social networking platform without divulging the finer details.

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."

Swiggy losses widened nearly 2x in March quarter

Swiggy losses widened nearly 2x in March quarter

Rediff.com10 May 2025

Food delivery aggregator Swiggy saw its loss widen for the fourth quarter (January-March) of financial year 2024-25 (Q4FY25). The firm reported a consolidated loss of Rs 1,081.1 crore for the quarter, compared to a loss of Rs 554.7 crore in the corresponding quarter of FY24.

Capgemini to buy WNS for $3.3 bn in AI boost

Capgemini to buy WNS for $3.3 bn in AI boost

Rediff.com8 Jul 2025

French information technology (IT) and consulting services major Capgemini on Monday said it would acquire Mumbai-headquartered WNS for $3.3 billion in cash. This could be one of the largest merger & acquisition deals in the IT services and business process management sector.