News for 'profit'

How Much Rishab Shetty Charged For Kantara!

How Much Rishab Shetty Charged For Kantara!

Rediff.com29 Sep 2025

'Rishab has not taken a single penny upfront.'

UPI Goes Global, Fintech Hits A Wall

UPI Goes Global, Fintech Hits A Wall

Rediff.com1 Nov 2025

'When you think of cross-border payments, the first things that come to mind are risk, compliance, taxation, speed, and cost.'

Apollo Hospitals Q2 net up 26%

Apollo Hospitals Q2 net up 26%

Rediff.com7 Nov 2025

Leading hospital chain Apollo Hospitals Enterprises Ltd (Ahel) has posted a consolidated net profit of Rs 477 crore during the second quarter this financial year, up 26 per cent from Rs 379 crore during the same period last financial year.

'Don't Consider Gold, Silver As Asset Classes'

'Don't Consider Gold, Silver As Asset Classes'

Rediff.com11 Nov 2025

'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'

The Kind of Love Fatima Longs For

The Kind of Love Fatima Longs For

Rediff.com11 Nov 2025

'I am very fortunate that I am getting films where I am finally doing romance on screen, if not in my real life.'

Sensex jumps 567 points amid global stocks rally

Sensex jumps 567 points amid global stocks rally

Rediff.com27 Oct 2025

Among Sensex firms, Bharti Airtel, Reliance Industries, Eternal, State Bank of India, Tata Steel and HDFC Bank were the major gainers. However, Kotak Mahindra Bank, Bharat Electronics, Infosys and Bajaj Finance were among the laggards.

Sensex tanks 593 points hit by foreign fund outflows

Sensex tanks 593 points hit by foreign fund outflows

Rediff.com30 Oct 2025

From the Sensex firms, Bharti Airtel, Power Grid, Tech Mahindra, Infosys, Bajaj Finance and Reliance Industries were among the major laggards. However, Larsen & Toubro, Bharat Electronics, UltraTech Cement and Maruti were among the gainers.

Steel industry flags price pressure from cheap imports

Steel industry flags price pressure from cheap imports

Rediff.com27 Oct 2025

Ahead of the key meeting called by the steel ministry with the industry captains on Monday to discuss the impact of rising steel imports, companies have raised the issue of cheaper 'substandard' inflows from China, Vietnam, and South Korea, saying they are setting the benchmark for domestic prices and squeezing the profitability of Indian producers.

Growth gains ahead for Axis Bank

Growth gains ahead for Axis Bank

Rediff.com24 Oct 2025

Axis Bank reported a sharp drop in net profit in the second quarter of financial year 2026 (Q2FY26) on higher provisions and weak operating profit growth while revenue growth was moderate. But loan growth and deposit growth improved to double-digits year-on-year (Y-o-Y) and asset quality also improved with the gross non-performing loan or NPL ratio moving down.

Rohit-Kohli magic falls short as CA posts $7M loss

Rohit-Kohli magic falls short as CA posts $7M loss

Rediff.com30 Oct 2025

Cricket Australia (CA) announced a net deficit of A$11.3 million ($7.34 million) for the 2024-25 financial year on Thursday, with a steep increase in costs offsetting a jump in revenue from hosting the Border-Gavaskar series against powerhouse India.

Why You Don't Need a Market Rally to Build Wealth

Why You Don't Need a Market Rally to Build Wealth

Rediff.com11 Nov 2025

Every investor loves a bull market - that feeling of watching portfolios rise and headlines being filled with record highs is gratifying. Yet, wealth creation in the stock market is not just a matter of market rallies. Some of the most successful investors make their fortunes in periods of slow or even negative market momentum. The secret is mindset, strategy, and disciplined investing, not chasing short-term rallies.

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.

Box Office: Thamma Hits A Century!

Box Office: Thamma Hits A Century!

Rediff.com27 Oct 2025

Ek Deewane Ki Deewaniyat has hit half a century...

In Pix: The Stunning Flying Car From China!

In Pix: The Stunning Flying Car From China!

Rediff.com4 Nov 2025

A Chinese firm this week began trial production of flying cars stated to be the next-generation in the world of transportation, ahead of US firm Tesla and others plans to launch the same shortly.

Anupam Mittal's Dhandha Mantra For Start-Up Success

Anupam Mittal's Dhandha Mantra For Start-Up Success

Rediff.com23 Oct 2025

'First, develop the ability to sell -- to persuade, negotiate and close. Second, understand the financial mechanics that determine where value pools and how profits are captured,' says Shaadi.com founder Anupam Mittal.

Competition may keep Colgate under pressure

Competition may keep Colgate under pressure

Rediff.com25 Oct 2025

Colgate-Palmolive India's September quarter (Q2FY26) performance has reinforced concerns among brokerages about the company's continued market challenges.

Gold plunges Rs 4,100 to Rs 121,800/10g

Gold plunges Rs 4,100 to Rs 121,800/10g

Rediff.com28 Oct 2025

Gold prices dropped by Rs 4,100 to Rs 121,800 per 10 grams in the national capital and slipped below $4,000 an ounce in the global markets on Tuesday as easing US-China trade tensions dampened safe-haven appeal. According to the All India Sarafa Association, the precious metal had closed at Rs 125,900 per 10 grams on Monday.

New segments like defence and data centres to drive growth for L&T

New segments like defence and data centres to drive growth for L&T

Rediff.com9 Oct 2025

The exit of Larsen & Toubro (L&T) from the Hyderabad Metro is a long-term positive for the stock. It could be a bullish trigger, alongside higher international orders, and new opportunities in segments like defence and data centres.

'Some IPOs Underperformed Due To...'

'Some IPOs Underperformed Due To...'

Rediff.com6 Nov 2025

'...aggressive pricing amid volatility, but these are exceptions.'

Improving asset quality, healthy loan growth positives for ICICI Bank

Improving asset quality, healthy loan growth positives for ICICI Bank

Rediff.com28 Oct 2025

ICICI Bank delivered satisfactory results in the second quarter of 2025-26 (Q2FY26), sustaining return on assets (RoA) of around 2.3-2.4 per cent and improving asset quality. Provisions declined 26 per cent year-on-year (Y-o-Y) and 50 per cent quarter-on-quarter (Q-o-Q).

Indian-origin Zohran Mamdani frontrunner in New York City mayoral race

Indian-origin Zohran Mamdani frontrunner in New York City mayoral race

Rediff.com4 Nov 2025

New York City is preparing to elect a new mayor, with Zohran Kwame Mamdani, of Indian descent, leading the race. The election features Mamdani against Andrew Cuomo and Curtis Sliwa.

Paytm posts first-ever profit of Rs 122.5 crore in Q1 FY26

Paytm posts first-ever profit of Rs 122.5 crore in Q1 FY26

Rediff.com23 Jul 2025

Fintech firm One97 Communications, which owns the Paytm brand, reported its first-ever consolidated net profit at Rs 122.5 crore in the quarter ended June 2025, mainly on account of cost optimisation and an increase in payment revenue. Paytm had posted a net loss of Rs 840 crore in the year-ago period.

How Climate Change Slowed Down Marathoners!

How Climate Change Slowed Down Marathoners!

Rediff.com28 Oct 2025

Window for fast marathons closing because of climate change, report finds

Hyundai to make India global export hub, 2nd largest market

Hyundai to make India global export hub, 2nd largest market

Rediff.com17 Oct 2025

Lining up its 2030 strategy, Hyundai said it was targeting up to 30 per cent export contribution and over 1.5-fold rise in revenue, to cross the 1 trillion milestone in five years.

Want To Invest In Manufacturing Funds?

Want To Invest In Manufacturing Funds?

Rediff.com3 Nov 2025

'They are a poor fit for anyone with near-term goals, low volatility tolerance, or a need for steady income or liquidity.' 'First-time investors should typically avoid them.'

'Movies Have To Be Good To Bring People To Cinemas'

'Movies Have To Be Good To Bring People To Cinemas'

Rediff.com18 Oct 2025

'Last year, we had about 10 to 12 per cent of Hollywood films as a box-office contribution. This year already, it has jumped up to 24 per cent because the lineup is very strong.'

'To Avoid Liquidity Risks, You Must Have A Meaningful Presence In Equities'

'To Avoid Liquidity Risks, You Must Have A Meaningful Presence In Equities'

Rediff.com17 Oct 2025

'Equities may not outperform every year, but if they do so seven times out of 10, it's an asset class worth relying on.'

Yogi: Halal products banned as they funded conversions

Yogi: Halal products banned as they funded conversions

Rediff.com22 Oct 2025

Uttar Pradesh Chief Minister Yogi Adityanath has said that while British and French colonialism are often discussed in history, there is little mention of 'political Islam', which, he claimed, has inflicted the greatest blow on the Sanatan Dharma.

Hero rides festival tide, GST winds at its back

Hero rides festival tide, GST winds at its back

Rediff.com14 Oct 2025

With gains of over 28 per cent, Hero MotoCorp has emerged as the best-performing largecap automotive stock over the past three months. The rally has been driven by an improved outlook for the rural segment, higher demand during the ongoing festival season, and rising affordability following cuts in goods and services tax (GST) rates.

TCS Q2 FY26 net up 1.4% to Rs 12,075 cr; revenue rises to Rs 65,799 cr

TCS Q2 FY26 net up 1.4% to Rs 12,075 cr; revenue rises to Rs 65,799 cr

Rediff.com10 Oct 2025

India's largest IT services firm Tata Consultancy Services (TCS) on Thursday reported a 1.39 per cent increase in consolidated net profit to Rs 12,075 crore in the July-September quarter of this financial year.

RBI proposes to allow banks to fund acquisitions

RBI proposes to allow banks to fund acquisitions

Rediff.com25 Oct 2025

Banks will be able to give loans to Indian companies for acquiring the entire equity stake or a controlling part of it in domestic or foreign firms as strategic investment that creates long-term value rather than for short-term financial restructuring if the Reserve Bank of India's (RBI's) draft circular, issued on Friday, comes to fruition.

Sensex pares gains; ends up 411 points

Sensex pares gains; ends up 411 points

Rediff.com20 Oct 2025

From the Sensex firms, Reliance Industries climbed 3.52 per cent after the firm on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment. Bajaj Finserv, Axis Bank, State Bank of India, Tata Consultancy Services, Titan and Bharti Airtel were also among the gainers. However, ICICI Bank, Mahindra & Mahindra, Eternal, Adani Ports and Power Grid were among the laggards.

Missed Investing In Gold? Read This

Missed Investing In Gold? Read This

Rediff.com24 Oct 2025

New investors should not allow themselves to fall prey to FOMO and rush headlong into gold.

No short-term impact of H-1B visa fee hike: Tata Tech boss

No short-term impact of H-1B visa fee hike: Tata Tech boss

Rediff.com26 Oct 2025

The fee hike for the US H-1B visa by the Donald Trump administration has no short-term impact on Tata Technologies Ltd, although it will change resourcing plans for the future, according to its CEO and managing director, Warren Harris.

Persistent's premium valuations hinge on sustaining growth momentum

Persistent's premium valuations hinge on sustaining growth momentum

Rediff.com29 Oct 2025

The stock of mid-tier information technology (IT) major Persistent Systems has been one of the outperformers in the IT pack with a return of 5.3 per cent over the last year, while its peer index, the Nifty IT, is down 16.2 per cent over the same period. The strong September quarter (Q2FY26) result and upgrades by brokerages are positive but its ability to sustain growth momentum in a weak macroeconomic environment will be key for future gains. At the current levels, the stock is trading at a premium valuation of 38 times its FY27 earnings estimates.

Sensex down 297 points on foreign fund outflows

Sensex down 297 points on foreign fund outflows

Rediff.com14 Oct 2025

Bajaj Finance, Bharat Electronics, Tata Steel, Tata Consultancy Services, NTPC, Trent, Asian Paints and Axis Bank were the major laggards among Sensex stocks. However, Tech Mahindra, ICICI Bank, Power Grid, Hindustan Unilever and Reliance Industries were among the gainers.

Demand recovery to drive gains for Nestle India

Demand recovery to drive gains for Nestle India

Rediff.com27 Oct 2025

Packaged food major Nestle India posted better than expected September quarter results led by strong volume growth across its key segments. While there were margin pressures due to elevated raw material costs, there could be some relief with easing prices in the near term.

Jio IPO to fetch premium valuations: I-Sec

Jio IPO to fetch premium valuations: I-Sec

Rediff.com24 Oct 2025

ICICI Securities expects Jio Platforms' ensuing IPO to fetch "premium valuations", as was the case in the high-profile equity raise of FY21, and has pegged the company's equity value at $148 billion by September 2027.

'I'm An Addict Of Heartache'

'I'm An Addict Of Heartache'

Rediff.com24 Oct 2025

'I have been in love with a career on the big screen, validated by box office numbers.' 'I never expected the love back to be instantaneous.'

Freshers Back in Demand At IT Majors

Freshers Back in Demand At IT Majors

Rediff.com23 Oct 2025

Infosys, HCL, Wipro ramp up fresher intake as AI reshapes skills demand and hiring shifts from 'hire to train' to 'train to hire'.