News for 'profit'

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.

'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.'

'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.'

Higher volume, profitability gains for GAIL India

Higher volume, profitability gains for GAIL India

Rediff.com15 Nov 2024

GAIL India's second quarter (Q2FY25) performance met expectations.

SC upholds JSW Steel's takeover plan for Bhushan Power and Steel

SC upholds JSW Steel's takeover plan for Bhushan Power and Steel

Rediff.com26 Sep 2025

The Supreme Court on Friday upheld JSW Steel's Rs 19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL), bringing down curtains to a prolonged legal battle that spanned nearly eight years.

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.'

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.

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.

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).

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.

Why Banks Are Struggling For Deposits

Why Banks Are Struggling For Deposits

Rediff.com19 Nov 2025

As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends, points out Tamal Bandyopadhyay.

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

Trump aide launches X poll after India fact-check

Trump aide launches X poll after India fact-check

Rediff.com8 Sep 2025

The White House trade adviser, Peter Navarro, on Sunday (local time) again added to his previous meltdown, after being corrected over spreading misinformation pertaining to India's purchase of Russian oil, by dismissing the community notes on X and accusing it of serving 'foreign interests' that meddle in domestic US economics and politics.

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.

The Shortcut to Finding Hidden Stock Opportunities

The Shortcut to Finding Hidden Stock Opportunities

Rediff.com9 Sep 2025

Have you ever thought about how some investors always manage to find well-performing stocks before everyone else? They seem to have an eye for finding companies that aren't in the media but still deliver returns. These are called hidden stock opportunities, and the shortcut to finding them is all about knowing where and how to look. In this article, let's walk through some practical tips for finding these stocks in the share market.

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.

Ajit Pawar slams party MLA for 'buy from Hindus' remark

Ajit Pawar slams party MLA for 'buy from Hindus' remark

Rediff.com11 Oct 2025

Nationalist Congress Party MLA Sangram Jagtap has triggered controversy with his appeal to prioritize Hindu shopkeepers during Diwali, later justifying his statement by referencing the Pahalgam terror attack. NCP president Ajit Pawar has strongly condemned the remarks, and the party plans to issue a show-cause notice to Jagtap.

Reliance's refining margins projected to stay strong compared to PSU peers

Reliance's refining margins projected to stay strong compared to PSU peers

Rediff.com6 Sep 2025

Reliance Industries' refining earnings will remain steady, supported by its position as India's largest importer of Russian crude and favourable global supplies, according to analysts at JM Financial and Goldman Sachs. Reliance imported more Russian barrels than any other Indian refiner in the past eight months, according to data from Bloomberg/Kpler.

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.

Gold, silver may extend rally this week

Gold, silver may extend rally this week

Rediff.com28 Sep 2025

Gold and silver prices are expected to maintain their upward trajectory this week, but may see late profit-booking amid the release of a series of crucial global economic indicators, analysts said. On the economic front, traders will closely monitor the manufacturing/ services PMI data from across regions and the US non-farm payrolls/ employment data along with consumer confidence for the month of September and speeches from several Federal Reserve officials, they added.

NSE Q3 profit surges 94% to Rs 3,834 cr

NSE Q3 profit surges 94% to Rs 3,834 cr

Rediff.com5 Feb 2025

Leading stock exchange NSE on Tuesday reported a 94 per cent year-on-year surge in consolidated profit after tax to Rs 3,834 crore for three months ended December 2024. It posted a Profit After Tax (PAT) of Rs 1,975 crore in the year-ago period.

Selling in blue-chips RIL, HDFC Bank drag Sensex down by 153 points

Selling in blue-chips RIL, HDFC Bank drag Sensex down by 153 points

Rediff.com8 Oct 2025

Among Sensex firms, Tata Motors, Mahindra & Mahindra, Bharat Electronics, UltraTech Cement, Trent, Sun Pharma, Power Grid and Reliance Industries were the major laggards. However, Titan, Infosys, Tata Consultancy Services, HCL Tech and Tech Mahindra were among the biggest gainers.

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.

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.

Lenskart eyeing mega expansion as it readies for IPO

Lenskart eyeing mega expansion as it readies for IPO

Rediff.com15 Oct 2025

Eyewear retailer Lenskart plans to add 450 stores in the current financial year, its fastest expansion in three years, as the company prepares for a public listing that could value it at up to $10 billion. The addition would take Lenskart's store count to more than 3,150 across 14 countries, representing a 34 per cent rise from the 334 stores opened last year.

India Inc earns fat profits but wages have not kept pace

India Inc earns fat profits but wages have not kept pace

Rediff.com1 Feb 2025

Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.

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.

Trump aide fact-checked over anti-India rant. He slams Musk

Trump aide fact-checked over anti-India rant. He slams Musk

Rediff.com7 Sep 2025

Calling the community note on X "crap", Navarro alleged that Elon Musk is allowing "propaganda" and reiterated his accusations of India purchasing Russian oil only to make profits.

Tata Capital, LG to launch IPOs worth over Rs 27,000 crore

Tata Capital, LG to launch IPOs worth over Rs 27,000 crore

Rediff.com5 Oct 2025

The primary market is set for a busy week as two major companies, Tata Capital Ltd and LG Electronics India Ltd, gear up to launch their initial public offerings (IPOs), collectively worth more than Rs 27,000 crore.

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.'

'Some IPOs Underperformed Due To...'

'Some IPOs Underperformed Due To...'

Rediff.com6 Nov 2025

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

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.

Marico Q2 volume growth likely to be in high single digit

Marico Q2 volume growth likely to be in high single digit

Rediff.com4 Oct 2025

Marico is expected to post high single-digit volume growth in the India business in the July-September quarter. However, it is expected to moderate sequentially, the company said in its quarterly update on exchanges.

It's 'blood money': Navarro's fresh rant on India's Russian oil buys

It's 'blood money': Navarro's fresh rant on India's Russian oil buys

Rediff.com8 Sep 2025

Using an expletive in his post on X, Navarro said, "Fact: India didn't buy Russian oil in large quantities before Russia invaded Ukraine. It's blood money and people are dying."

SBI's Q3 net profit soars 84% to Rs 16,891 cr

SBI's Q3 net profit soars 84% to Rs 16,891 cr

Rediff.com6 Feb 2025

State Bank of India (SBI), India's largest lender, reported an impressive 84% jump in its standalone net profit for the December quarter, reaching Rs 16,891 crore. This is a significant increase from the Rs 9,164 crore earned in the same period last year. The bank's total income also grew to Rs 1,28,467 crore in Q3 FY24, compared to Rs 1,18,193 crore in the same period a year ago. SBI's asset quality improved as well, with gross NPAs declining to 2.07% at the end of December from 2.42% a year ago. Net NPAs also eased to 0.53% from 0.64% in the same period last year. On a consolidated basis, SBI Group's net profit rose by 70% to Rs 18,853 crore in Q3 FY24.

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

Rediff.com25 Aug 2025

The more things change, the more they remain the same for corporate India. In the April-June 2025 period (Q1FY26) - for the ninth consecutive quarter - listed companies witnessed only single-digit revenue growth, while their core earnings, excluding other income and one-time gains, contracted for the second time in four quarters. This comes as firms brace for the impact of 50 per cent US tariff on Indian goods.

'Sovereignty in foundational industries is critical for countries'

'Sovereignty in foundational industries is critical for countries'

Rediff.com22 Oct 2025

'The steel industry has a multiplier effect on direct and indirect employment, national security on the supply chain, technology access etc.'

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.

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.

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'.