Infinix has formally introduced the Infinix Xpad 30E, a budget-friendly tablet launched alongside its Note 60 smartphones in selected international markets.
Boasting an elegant 6.9 mm profile, this device pairs a sleek, lightweight build with a stunning 10.4-inch WUXGA+ screen that etches every detail.
Investors seeking higher returns at relatively higher risk should consider allocation to smallcap equity funds.
Leading jewellery and watchmaker Titan on Monday reported an increase of 59 per cent in consolidated net profit at Rs 1,120 crore for the September quarter of FY26.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
'Tax rate and stock markets are entirely two different things.'
The Chennai-based Helios & Matheson Information Technology is shifting the businesses of the New York-based The A Consulting Team (Tact) to India to increase its offshore operations by 45 per cent in the coming days.
The Chennai-based Helios & Matheson, a healthcare-focused IT services company, plans to acquire a "pure-play" American or European company shortly.
Chennai-based Helios & Matheson Information Technology Ltd on Tuesday said it has acquired two companies, Maruthi Info Tech Inc, USA and Jayamurthi Software Systems, Chennai, for a cash payment of $7.5 million.
'Historically, equities have consistently outperformed debt, gold, property, and other assets over a reasonable period.'
India's thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset management company (AMC) licences.
Two young men jostle in a rickshaw as it clatters along a narrow, bustling lane of North Kolkata, each with a leg dangling over the side of the vehicle, a bulging sack of cosmetics nestled between them. The protagonists here are the founders of Emami - Radhe Shyam Agarwal and Radhe Shyam Goenka - childhood friends who gave up cushy corporate jobs to build a fast-moving consumer goods (FMCG) company. From a 200-square-foot rented space on Muktaram Babu Street in North Kolkata, brand Emami stepped into the competitive world of FMCG 50 years back, armed with just three products: Vanishing cream, talcum powder, and cold cream.
While Emami is still struggling to push growth, given weak rural demand, the sale of the group's stake in AMRI Hospitals should ease investor concerns about stake pledges by promoters. It has also carried a series of stake acquisitions which should enable the expansion of its brand portfolio. The Q2 results are likely to see flat volumes and low revenue growth alongside some gross margin expansion.
'Customers flocked to purchase gold in large numbers during the event.'
'The Indian economy is expected to grow in terms of per capita income and GDP, and with that, the luxury segment becomes more relevant.'
The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds.
Meaningful market share would go to those who have the distribution strength to push their products, such as banks.
The queue for mutual fund (MF) licences has thinned down due to quick clearances by the Securities and Exchange Board of India (Sebi) alongside applications being withdrawn amid regulatory changes. There were, at the end of September, only two pending MF applications: By AngelOne and Unifi Capital. By comparison, there were 11 applications lying before the market regulator at the start of calendar year 2023.
Better than expected performance in June quarter of the 2023-24 financial year (Q1FY24) and a robust outlook led to 1.2 per cent gain in Titan Company stock on Friday (July 7). The firm reported 20 per cent growth in revenues, aided by double-digit rise in its major consumer segments. Jewellery, its largest segment, accounting for about 90 per cent of its sales, stood out with a growth of 21 per cent over the year ago quarter.
Xiaomi keeps its promise of budget-priced, feature-rich products with its three new Redmi 6 phones, says Ashish Narsale/Rediff.com
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
The Titan and Fastrack brands fared well and also saw their margins expand. Watches accounted for 1 per cent of the Gitanjali Group's total turnover. The watch industry is estimated to be a Rs 2,500 crore market, growing at 5 per cent per annum. The premium-to-luxury market is close to being a Rs 300-500 crore market and will grow at a compounded annual growth rate of 30-35 per cent to be a Rs 1,500-2,000 crore market in the next six to seven years.
American Danica Patrick became the first woman to win a race in the Indy Racing League (IRL) on Sunday, powering to victory in the Indy Japan 300 race.
'Even among scientists and technology mavens -- typically communities that tend to view the world through the lens of logos or reason and not mythos, there is a shiny-eyed enthusiasm for the mythical world,' says Arundhuti Dasgupta.
With versatile imaging and unmatched gaming experience, the Redmi Note 8 Pro has the makings of an all-round smartphone, says Khalid Anzar.
Ashish Narsale/Rediff.com lists the pros and the cons.
'We are most bullish on all aspects of the financial sector -- private sector banks, even one state-owned bank, insurance, mortgage finance, broking, wealth management, gold finance, etc.'
'There will be massive differences in sectors and stocks over the next few years.'
Fathers and sons have had a vexed relationship throughout myth, says Arundhuti Dasgupta.
Nestle India on Wednesday inaugurated a new manufacturing plant at Nanjangud in Mysore district, Karnataka. The plant, set up with an investment of Rs 360 crore (3.6 billion), will manufacture a range of culinary products.
The plane carrying Chapecoense to the Copa Sudamericana final, first leg against Atletico Nacional crashed into mountains outside Medellin, Colombia on November 28 after running out of fuel, killing 71 of the 77 people on board
Earlier in the day, Bolivia beat Venezuela 3-1 at home and Uruguay and Paraguay drew 0-0 in Montevideo.
Searching for a good phone that does not cost the earth? Ashish Narsale gives you his expert suggestions.
Of the players, goalkeeper Jackson Follmann was recovering from the amputation of his right leg. Defender Helio Neto remains in intensive care with severe trauma to his skull, thorax and lungs. Fellow defender Alan Ruschel had spine surgery.
Food-maker, Nestle, is mulling acquisitions in India with a view to expand its product-line and plans to launch more products in the coming days.
Ashish Narsale/Rediff.com brings you the details.
Top officials said asking employees other than the fund management team to mandatorily invest a fifth of their salary goes against the principle of natural justice.
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