News for 'profit'

'ChatGPT 5 Can Think Much More Quickly'

'ChatGPT 5 Can Think Much More Quickly'

Rediff.com8 Aug 2025

ChatGPT-5 has been trained to minimise hallucinations and avoid deception.

HDFC Bank board mulls bonus issue, special dividend

HDFC Bank board mulls bonus issue, special dividend

Rediff.com16 Jul 2025

HDFC Bank on Wednesday said its board in its meeting on July 19 will decide on issuing bonus shares and special interim dividend.

Amazon Gives India $12.7B AI Boost

Amazon Gives India $12.7B AI Boost

Rediff.com11 Aug 2025

'The Indian developer community is one of the most vibrant communities.' 'Indian builders are incredibly passionate, curious, and excited to embrace new technologies.'

Tata Motors Q3 net profit falls 22% to Rs 5,578 cr

Tata Motors Q3 net profit falls 22% to Rs 5,578 cr

Rediff.com29 Jan 2025

Tata Motors on Wednesday reported a 22 per cent fall in consolidated net profit to Rs 5,578 crore for the third quarter ended December 2024, impacted by s decline in revenue from its passenger and commercial vehicles divisions. The company had posted a consolidated net profit of Rs 7,145 crore in the same quarter last fiscal, Tata Motors said in a regulatory filing.

Sensex drops 452 points dragged by bank stocks

Sensex drops 452 points dragged by bank stocks

Rediff.com30 Jun 2025

From the Sensex firms, Axis Bank, Kotak Mahindra Bank, Maruti, UltraTech Cement, Bajaj Finance, ICICI Bank, Reliance Industries, Tata Steel, Bharti Airtel and HDFC Bank were among the major laggards. However, Trent, State Bank of India, Bharat Electronics, Titan and Bajaj Finserv were among the gainers.

Farm profits likely to be higher this kharif season

Farm profits likely to be higher this kharif season

Rediff.com12 Dec 2024

Overall profitability in the agriculture sector is expected to be marginally higher at the pan-India level in the 2024-25 kharif season, driven largely by higher production and low input cost, but offset by the declining price of some produce, according to a report released by Motilal Oswal Financial Services Ltd on Wednesday. The report said that region-wise farm profitability in the northern belt was expected to be relatively better than in the southern belt, while the eastern and western belts presented a mixed bag.

India to get new Vice President on September 9

India to get new Vice President on September 9

Rediff.com1 Aug 2025

The election for the post of Vice President will be held on September 9, with the notification being issued on August 7 and the last date for filing nominations on August 21.

HUL Q3 net profit up 19% at Rs 2,989 cr

HUL Q3 net profit up 19% at Rs 2,989 cr

Rediff.com22 Jan 2025

FMCG major Hindustan Unilever Ltd on Wednesday reported a 19.18 per cent rise in consolidated net profit at Rs 2,989 crore in the December quarter.

Limit Crypto Bets: 2%-5% Is Safe Zone

Limit Crypto Bets: 2%-5% Is Safe Zone

Rediff.com5 Aug 2025

Investors should be mindful of the high volatility in cryptos: Bitcoin has fallen more than 80 per cent in past corrections.

Trump's Russian Roulette Over India's Oil Supply

Trump's Russian Roulette Over India's Oil Supply

Rediff.com5 Aug 2025

The trade relationship between India and the United States has been strained by the imposition of 25% tariff by the US on Indian goods.

Jane Street deposits Rs 4,843 cr in escrow account; requests Sebi to lift curbs

Jane Street deposits Rs 4,843 cr in escrow account; requests Sebi to lift curbs

Rediff.com14 Jul 2025

US-based hedge fund Jane Street, which allegedly made handsome gains through market manipulation, has deposited the mandated Rs 4,843.57 crore in an escrow account in favour of Sebi and requested it to lift certain restrictions. The watchdog is examining the request, Sebi said in a statement on Monday.

Mobile tariff design skewed in India; rich paying less: Airtel MD

Mobile tariff design skewed in India; rich paying less: Airtel MD

Rediff.com6 Aug 2025

Bharti Airtel sees opportunity in raising tariff for data services as it feels that rich are paying less and poor are not required to pay anymore, a senior official of the company said. During the company's earnings call for the first quarter of the current fiscal, Bharti Airtel vice-chairman and MD Gopal Vittal said that the company has written to the government for a relief on adjusted gross revenue and has demanded that it should be given benefit at par with other telecom operator, without naming Vodafone Idea.

Don't know...: Trump on India citing US trade with Russia

Don't know...: Trump on India citing US trade with Russia

Rediff.com6 Aug 2025

President Trump addresses questions about US imports from Russia and India's stance on purchasing Russian oil, hinting at potential tariffs.

Guess how much salary Anant Ambani will draw as executive director of RIL

Guess how much salary Anant Ambani will draw as executive director of RIL

Rediff.com30 Jun 2025

Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed executive director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed executive director of Reliance Industries Ltd.

Musk's Starlink Can Only Target 2M Users

Musk's Starlink Can Only Target 2M Users

Rediff.com29 Jul 2025

... with a maximum speed of 200 megabits per second (mbps) across the country for Rs 3,000 per month.

'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.'

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

The Alaska Fiasco: Lessons For India

The Alaska Fiasco: Lessons For India

Rediff.com16 Aug 2025

The point to note for India is that we must not panic. The United States may be our largest export destination, but high tariffs will not exactly mean gloom and doom. Sure, we can throw some morsels as we continue negotiating, but we must be firm that some red lines cannot be crossed, no matter what, asserts Shreekant Sambrani.

AI Gives Raanjhanaa A New Ending!

AI Gives Raanjhanaa A New Ending!

Rediff.com20 Jul 2025

'I am still trying to understand the gravity of what's being done.' 'How can someone else decide how to conclude my film?'

TCS Q3 net profit rises 12% to Rs 12,380 cr

TCS Q3 net profit rises 12% to Rs 12,380 cr

Rediff.com9 Jan 2025

India's largest IT services company TCS on Thursday reported an 11.95 per cent jump in net profit at Rs 12,380 crore in the December quarter while the overall workforce reduced by over 5,000 employees. The Tata Group company had reported a net profit of Rs 11,058 crore in the year-ago period, and Rs 11,909 crore in the preceding September quarter. The company's revenue grew 5.6 per cent to Rs 63,973 crore as against Rs 60,583 crore a year earlier.

Sensex drops 345 points on weakness in IT stocks

Sensex drops 345 points on weakness in IT stocks

Rediff.com10 Jul 2025

From the Sensex pack, Bharti Airtel, Asian Paints, Infosys, Bharat Electronics, Tech Mahindra and Eternal were major laggards. However, Maruti, Tata Steel, Bajaj Finance, Bajaj Finserv, Trent and Tata Consultancy Services were among the gainers.

'This will only increase panic between people and dogs'

'This will only increase panic between people and dogs'

Rediff.com12 Aug 2025

The Supreme Court's order to remove stray dogs from Delhi-NCR localities has sparked mixed reactions, with RWAs welcoming the move and animal rights activists raising concerns about implementation and potential harm.

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."

Sensex tanks 501 pts on selling in bank stocks, foreign fund outflows

Sensex tanks 501 pts on selling in bank stocks, foreign fund outflows

Rediff.com18 Jul 2025

Bharat Electronics, Bharti Airtel, HDFC Bank, Kotak Mahindra Bank, Titan and Eternal were also among the laggards from the Sensex pack. However, Bajaj Finance, Tata Steel, ICICI Bank, HCL Tech and Infosys were among the gainers.

Gold may remain in consolidation phase amid global trade talks: Analysts

Gold may remain in consolidation phase amid global trade talks: Analysts

Rediff.com27 Jul 2025

Gold prices are expected to witness further consolidation in the coming week as investors brace for a slew of events, ranging from central bank meetings, including the US Federal Open Market Committee (FOMC) meeting's outcome, to global trade negotiations, analysts said.

Trump's 24-hr threat to India; Russia steps in to defend

Trump's 24-hr threat to India; Russia steps in to defend

Rediff.com5 Aug 2025

United States President Donald Trump on Tuesday said India has not been a good trading partner and announced that he will raise the tariffs on New Delhi 'very substantially' over the next 24 hours because it is buying Russian oil.

'Corruption Is No Longer A Bad Word'

'Corruption Is No Longer A Bad Word'

Rediff.com5 Aug 2025

'When India opened its doors to the world, moving away from an agrarian to a market economy, everything, whether life or love, was commodified.'

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.'

Real estate developers build a steady quarter even as demand woes bite

Real estate developers build a steady quarter even as demand woes bite

Rediff.com13 Jun 2025

India's top listed real estate developers reported steady growth in Q4FY25, supported by healthy pre-sales, even as earnings reflected signs of moderation amid elevated housing prices and subdued launches.

IndiGo Q3 profit falls 18% to Rs 2,449 cr on forex loss

IndiGo Q3 profit falls 18% to Rs 2,449 cr on forex loss

Rediff.com24 Jan 2025

The country's largest airline IndiGo on Friday saw its profit after tax slide 18.3 per cent to Rs 2,448.8 crore in the three months ended December 2024 due to foreign exchange loss even as revenue jumped on higher capacity and passenger traffic. The carrier, which had a fleet of 437 planes at the end of December, is planning to induct wet leased planes for long range flights and expects the number of grounded aircraft to come down to 40s by the start of next financial year from the current level of 60s.

CAPE Fear: History Suggests Rich Valuations Precede Sharp Pullbacks

CAPE Fear: History Suggests Rich Valuations Precede Sharp Pullbacks

Rediff.com2 Jul 2025

Valuations at current levels have historically corresponded single-digit returns.

Why Gen Z Fears AI And Big Tech Jobs

Why Gen Z Fears AI And Big Tech Jobs

Rediff.com8 Aug 2025

Gen Z, driven by AI anxiety and economic pragmatism, have concerns about pursuing passions as careers as they fear it may not make them enough sufficient income.

Top 5 Fastest Growing Stocks in 2025

Top 5 Fastest Growing Stocks in 2025

Rediff.com24 Jun 2025

To help you ride the growth trajectory of India's equity markets, we have curated the top five fastest-growing stocks that hold an impressive upside. If you're planning to build a sound portfolio and capitalize on the growth of these leading institutions, it's time you watch these stocks.

'You Will See More Devastation In Uttarakhand'

'You Will See More Devastation In Uttarakhand'

Rediff.com6 Aug 2025

'The government only wakes up after devastation.' 'The government does not understand the gravity of the situation nor they do not want to understand the gravity of the situation.'

Guidance, stock rally may keep HAL under pressure

Guidance, stock rally may keep HAL under pressure

Rediff.com5 Jun 2025

The performance of Hindustan Aeronautics Limited (HAL) for 2024-25 (FY25) was driven by improved margins and lower provisions. The order book as of March was of Rs 1.8 trillion, with inflows of Rs 1 trillion during FY25.

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.

Infosys Q3 profit up 11.5%; raises growth guidance

Infosys Q3 profit up 11.5%; raises growth guidance

Rediff.com16 Jan 2025

IT services major Infosys on Thursday reported 11.46 per cent increase in consolidated net profit at Rs 6,806 crore for December quarter FY25 and raised its guidance on the back of growth in financial services and manufacturing. The company had logged a profit of Rs 6,106 crore in the corresponding period of the previous fiscal.

SEBI Cracks Whip On 'Pump And Dump' Scam

SEBI Cracks Whip On 'Pump And Dump' Scam

Rediff.com9 Jul 2025

In a pump and dump operation, fraudsters artificially inflate the price of a stock by spreading misleading or false information, creating a frenzy among unsuspecting retail investors.

Sebi lifts trading ban on Jane Street after Rs 4,843 cr deposit in escrow account

Sebi lifts trading ban on Jane Street after Rs 4,843 cr deposit in escrow account

Rediff.com21 Jul 2025

Markets regulator Sebi on Monday announced that it has allowed Jane Street, the US-based proprietary trading firm accused of market manipulation, to resume trading after the company deposited the mandated Rs 4,843.57 crore in an escrow account. The move comes after Jane Street complied with Sebi's directive, issued in the interim order dated July 3, to deposit the amount in an escrow account.

P&G's New Boss Is Big Into Bollywood Movies

P&G's New Boss Is Big Into Bollywood Movies

Rediff.com30 Jul 2025

Shailesh Jejurikar has 'always made an effort to stay close to his roots.'