News for 'md'

Patidar-led Central Zone lift Duleep Trophy title

Patidar-led Central Zone lift Duleep Trophy title

Rediff.com15 Sep 2025

Pacer Gurjapneet Singh, who earned an India A call on Sunday, picked up the scalps of Shubham Sharma and the promoted Saransh Jain, who was later adjudged player of the series, to create some anxious moments in the Central camp.

Why Hotels Are Building Branded Residences

Why Hotels Are Building Branded Residences

Rediff.com29 Aug 2025

'While the concept was introduced globally over four decades ago, branded residences have taken off now in India.'

FD vs Mutual Fund Loan: Which Costs Less?

FD vs Mutual Fund Loan: Which Costs Less?

Rediff.com12 Sep 2025

Loan against fixed deposit is cheaper and comes with fewer charges.

GST 2.0: Renault to cut vehicle prices by up to Rs 96,395 from Sep 22

GST 2.0: Renault to cut vehicle prices by up to Rs 96,395 from Sep 22

Rediff.com6 Sep 2025

Renault India on Saturday said it will reduce prices of its vehicles by up to Rs 96,395 to pass on full benefit of the recent GST rate cut to buyers. The GST Council, earlier this week, approved limiting slabs to 5 per cent and 18 per cent, effective from September 22.

GST impact: Tata Motors to cut PV prices by up to Rs 1.45 lakh from Sep 22

GST impact: Tata Motors to cut PV prices by up to Rs 1.45 lakh from Sep 22

Rediff.com6 Sep 2025

Tata Motors on Friday said it will cut passenger vehicle prices ranging between Rs 65,000 and Rs 1.45 lakh effective September 22 to pass on the full benefit of GST reduction to customers. The Mumbai-based auto major said that its small car Tiago will see a price drop of Rs 75,000, Tigor Rs 80,000, and Altroz Rs 1.10 lakh.

Housing sales in top 9 cities may fall 4% in Q2

Housing sales in top 9 cities may fall 4% in Q2

Rediff.com21 Sep 2025

India's top 9 cities are likely to witness a 4 per cent decline in housing sales in the quarter ending September to over 1 lakh units on lower demand in Mumbai region and Pune, according to PropEquity. Real estate data analytics firm PropEquity on Sunday released data of primary residential market for July-September, which is generally considered as a weak quarter because of monsoon season and inauspicious Shraadh period.

GST Rate Cut Paints India's Art Landscape In Brighter Colours

GST Rate Cut Paints India's Art Landscape In Brighter Colours

Rediff.com4 Oct 2025

'High taxes have kept away art collectors who will now embrace the new GST.'

Tariff poses major challenge for Maruti's exports to US

Tariff poses major challenge for Maruti's exports to US

Rediff.com15 Sep 2025

Almost 30 per cent of Maruti's auto-component exports are to the US, and about half of that is facing a duty of 25 per cent and the other half 50 per cent.

Record equity inflows in July push mutual funds' AUM beyond Rs 75 trn

Record equity inflows in July push mutual funds' AUM beyond Rs 75 trn

Rediff.com12 Aug 2025

Net inflows into equity mutual fund (MF) schemes scaled a record high in July as the market correction and a raft of new fund offerings (NFOs) lifted lump-sum collections. Active equity schemes raked in a net Rs 42,702 crore in July, going past the previous high of Rs 41,156 crore in December 2024. Systematic investment plan (SIP) inflows continued to scale new highs, rising over 4 per cent month-on-month (M-o-M) to Rs 28,464 crore.

Drama in Duleep Trophy: North and Central battle for final

Drama in Duleep Trophy: North and Central battle for final

Rediff.com6 Sep 2025

Jammu and Kashmir's Shubham Khajuria struck a fighting, unbeaten century to rescue North Zone, but South Zone remained favourites to progress to the Duleep Trophy final, in Bengaluru on Saturday.

Kishan's ton, Shami's late magic: Big names rule Ranji

Kishan's ton, Shami's late magic: Big names rule Ranji

Rediff.com15 Oct 2025

Here's a roundup of all Ranji Trophy matches played on Day 1 on Wednesday.

Maruti Suzuki expands SUV lineup with new 'Victoris'

Maruti Suzuki expands SUV lineup with new 'Victoris'

Rediff.com3 Sep 2025

Maruti Suzuki India on Wednesday expanded its product range in the country with the launch of all-new 'Victoris' as it looks to enhance its presence in the robustly growing mid-sized SUV segment.

SC refuses to entertain HDFC Bank CEO's plea challenging FIR by Lilavati Trust

SC refuses to entertain HDFC Bank CEO's plea challenging FIR by Lilavati Trust

Rediff.com4 Jul 2025

The Supreme Court on Friday refused to entertain a plea by HDFC Bank CEO and MD Sashidhar Jagdishan challenging an FIR of cheating and fraud registered against him on a complaint by the Lilavati Kirtilal Mehta Medical Trust, which runs the prominent Lilavati Hospital in Mumbai. A bench of Justices P S Narasimha and R Mahadevan noted that the matter was already listed for hearing on July 14 before the Bombay high court.

SC Verdict Instills Hope For Real Estate Reforms

SC Verdict Instills Hope For Real Estate Reforms

Rediff.com24 Sep 2025

'The directives to enhance last-mile funding, consider revival funds, and systemic reforms across the sector are expected to revive stalled projects, improve accountability, and accelerate the delivery of affordable and mid-income housing.'

Delhi man rapes his mother for having 'bad character'

Delhi man rapes his mother for having 'bad character'

Rediff.com17 Aug 2025

The accused is a graduate but currently unemployed, while the complainant is an illiterate housewife whose husband is a retired government employee.

Has TCS Sparked Job Cuts Across IT Firms?

Has TCS Sparked Job Cuts Across IT Firms?

Rediff.com12 Aug 2025

While FY25 attrition rates remained below pre-Covid levels, most companies experienced a 1 to 3 percentage point increase compared to FY24.

NPAs in agriculture sector stay high amid loan-saturation concerns

NPAs in agriculture sector stay high amid loan-saturation concerns

Rediff.com4 Aug 2025

Bad loans in the agriculture sector remain elevated, with several public-sector banks (PSBs) reporting higher slippages in the April-June quarter of FY26. For many banks, non-performing assets (NPAs) in farm lending were 5 per cent or more, with some nearing double digits.'

Lilavati Trust says no dues owed to HDFC Bank

Lilavati Trust says no dues owed to HDFC Bank

Rediff.com10 Jun 2025

Launching a fresh attack on HDFC Bank MD and CEO Sashidhar Jagdishan, Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) on Monday said the trust or its permanent trustee Prashant Kishor Mehta has no outstanding dues to the private bank. It has never borrowed a single rupee from the bank nor they are connected to the borrowing company (Splendour Gems Ltd) in question whatsoever, LKMM said in a statement.

GST 2.0: 2W sales to grow 5-6%, passenger vehicles by 2-3% in FY26

GST 2.0: 2W sales to grow 5-6%, passenger vehicles by 2-3% in FY26

Rediff.com5 Sep 2025

Two-wheeler sales volume is expected to grow 5-6 per cent this fiscal, while that of passenger vehicles to see a 2-3 per cent rise, following the GST rates rationalisation on automobiles, according to Crisil Ratings. The GST Council's decision to move to a two-rate structure of 5 per cent and 18 per cent, effective September 22, 2025, is a timely move that will revive demand for automobiles, Crisil Ratings said in a statement.

Luxury Cars, Bikes Rev Up For Festival Season

Luxury Cars, Bikes Rev Up For Festival Season

Rediff.com23 Sep 2025

Luxury carmakers are shifting into high gear with a mix of product launches, personalised experiences and lifestyle-led engagement.

Maruti boss on how India can become a global manufacturing hub

Maruti boss on how India can become a global manufacturing hub

Rediff.com12 Sep 2025

The next many decades belong to India as the global economic powerhouse, and it will be essential to continue demonstrating policy stability, as the country aspires to be the world's manufacturing hub, Maruti Suzuki India MD and CEO Hisashi Takeuchi said on Friday.

Is Paytm Out Of The Woods?

Is Paytm Out Of The Woods?

Rediff.com2 Oct 2025

'This marks a turning point for Paytm, with the regulatory environment looking much clearer than it has been in the last two years.'

Rupee trades near record lows against USD

Rupee trades near record lows against USD

Rediff.com2 Sep 2025

Indian rupee slipping below the record 88 level against the US dollar will enhance price competitiveness of Indian products in global markets and help exporters diversify beyond the US market, say exporters. However, import-dependent sectors such as gems and jewellery, petroleum and electronics may see lower benefits due to a rise in input costs, they stated.

One Reit may enter market annually for next 3-5 yrs: IRA chief

One Reit may enter market annually for next 3-5 yrs: IRA chief

Rediff.com15 Sep 2025

India's real estate investment trust (Reit) sector is set for robust expansion, with at least one new Reit expected to enter the market each year over the next three-five years. This growth trajectory builds on rising occupancies, surging leasing activity, and increasing investor interest.

Sheikh Hasina sentenced to 6 months in jail by ICT

Sheikh Hasina sentenced to 6 months in jail by ICT

Rediff.com2 Jul 2025

This marks the first time that the ousted Awami League leader has been sentenced in any case since she left office and fled the country 11 months ago.

Analysts' thumbs-up for Maruti's first e-SUV

Analysts' thumbs-up for Maruti's first e-SUV

Rediff.com2 Sep 2025

Maruti Suzuki's e-Vitara marks its high-stakes EV debut with strong export ambitions, lifting its stock even as analysts caution over pricing and fierce competition.

AC, TV makers upbeat about sales amid signs of GST cuts

AC, TV makers upbeat about sales amid signs of GST cuts

Rediff.com18 Aug 2025

Consumer durables makers are hopeful that the government's proposal to reduce goods and services tax (GST) on air conditioners and television panels above 32 inches to 18 per cent would help revive the sector.

Pre-IPO deals moderate after peaking in 2023

Pre-IPO deals moderate after peaking in 2023

Rediff.com22 Aug 2025

Pre-initial public offering (IPO) allotments have fallen out of favour over the past two years amidst buoyant primary markets and increasing average float sizes. In 2023, 13 firms raised a record Rs 1,074 crore through pre-IPO placements.

Infosys Q1 profit up 8.6% to Rs 6,921 crore

Infosys Q1 profit up 8.6% to Rs 6,921 crore

Rediff.com23 Jul 2025

Infosys on Wednesday reported an 8.7 per cent increase in consolidated net profit in the June quarter to Rs 6,921 crore, as India's second-largest IT services firm forecast a 1-3 per cent revenue growth for the full FY26. The Bengaluru-headquartered firm had logged a net profit (attributable to owners of the company) of Rs 6,368 crore in the year-ago period, according to a regulatory filing.

US visa fraud: Telangana student deported, arrested

US visa fraud: Telangana student deported, arrested

Rediff.com4 Jun 2025

A 28-year-old student from Nalgonda district was arrested in Hyderabad following his deportation from the United States for allegedly using forged documents to obtain his visa, police said on Wednesday.

Sebi bans Wadhawan brothers for five years in DHFL fund diversion case

Sebi bans Wadhawan brothers for five years in DHFL fund diversion case

Rediff.com14 Aug 2025

The Securities and Exchange Board of India (Sebi) has barred Dewan Housing Finance Corporation Ltd's (DHFL) former promoters Kapil and Dheeraj Wadhawan for five years from the securities market for alleged diversion of funds. They have also been barred from holding any key position in a listed company.

Duleep Trophy: Shreyas Iyer's big shot at India comeback!

Duleep Trophy: Shreyas Iyer's big shot at India comeback!

Rediff.com3 Sep 2025

Shreyas Iyer's 604 runs across 17 matches for Punjab Kings at a strike-rate in excess of 175 did not resonate with the selectors during the Asia Cup selection.

Long wait ends! BFI set to elect new office-bearers

Long wait ends! BFI set to elect new office-bearers

Rediff.com20 Aug 2025

Months of uncertainty due to governance issues, turf wars and internal power struggles are set to end when the Boxing Federation of India (BFI) holds its much-delayed elections on Thursday.

'No Indian insurer can ignore bancassurance'

'No Indian insurer can ignore bancassurance'

Rediff.com8 Sep 2025

'While we expand into other areas, banca remains our primary channel, and we continue to be a banca-led organisation.'

HDFC Bank junks Lilavati Trust's allegations against CEO Jagdishan

HDFC Bank junks Lilavati Trust's allegations against CEO Jagdishan

Rediff.com8 Jun 2025

HDFC Bank has denied Lilavati Trust's allegation that the bank's MD and CEO Sashidhar Jagdishan was involved in a series of financial frauds. The allegation levelled by Lilavati Kirtilal Mehta Medical Trust (LKMM Trust), its trustees and officials against the bank's MD and CEO are baseless and malicious, an HDFC Bank's spokesperson said.

India's top IT cos wrap up Q1 with single-digit topline growth

India's top IT cos wrap up Q1 with single-digit topline growth

Rediff.com28 Jul 2025

India's top IT services firms delivered single-digit revenue growth in April-June, capping off a mixed, somewhat-sobering quarter as macroeconomic instability and geopolitical tensions weighed on global tech demand and delayed client decisionmaking. Management commentary painted a mixed picture, caution prevailed, yet industry CEOs also emphasised cost optimisation, vendor consolidation, and opportunities in AI makeovers.

Insurers hopeful of reduction in GST on health, life premiums

Insurers hopeful of reduction in GST on health, life premiums

Rediff.com16 Aug 2025

The life and non-life insurance industries are hopeful of a reduction in the goods and services tax (GST) on health and life insurance premiums, after Prime Minister Narendra Modi, in his speech on Friday, announced GST relaxations aimed at providing relief to ordinary citizens, farmers, the middle class, and the small and medium enterprises (MSME) sector.

India Inc turns to equity, bonds as cheaper bank loans remain elusive

India Inc turns to equity, bonds as cheaper bank loans remain elusive

Rediff.com25 Aug 2025

Indian corporate are increasingly shifting away from bank funding towards alternative sources, such as equity and bond markets, as their deleveraged balance sheets have improved their ability to raise equity at better valuations. Moreover, the 100 basis points (bps) rate cut by the Reserve Bank of India (RBI) has enabled them to access long-term funds from the debt capital market at cheaper rates.

Kotak Mahindra Bank's joint MD KVS Manian steps down

Kotak Mahindra Bank's joint MD KVS Manian steps down

Rediff.com30 Apr 2024

Kotak Mahindra Bank on Tuesday announced that its joint managing director K V S Manian, a veteran at the private sector lender, has stepped down with immediate effect. Manian, who had been with the lender for nearly three decades, was elevated in a management rejig in January.

US tariff shock to hit Bengal's labour-intensive industries

US tariff shock to hit Bengal's labour-intensive industries

Rediff.com27 Aug 2025

The additional 25 per cent tariff imposed by US President Donald Trump on India is set to deliver a major blow to West Bengal's export-driven economy, with the state's labour-intensive leather, engineering and marine sectors expecting losses ahead of the festive season, stakeholders said. The increased levies on Indian products for the country's purchases of Russian oil came into effect on Wednesday, bringing the total amount of tariff imposed on New Delhi to 50 per cent.