News for 'profitability'

Modi Unveils 'Six Guarantees' for West Bengal, Criticises TMC's Governance

Modi Unveils 'Six Guarantees' for West Bengal, Criticises TMC's Governance

Rediff.com9 Apr 2026

Prime Minister Narendra Modi announced six guarantees for West Bengal if the BJP wins the Assembly polls, promising to end the 'reign of fear' and address corruption, while criticising the TMC government's performance.

Jio IPO Set To Break All Records

Jio IPO Set To Break All Records

Rediff.com4 Apr 2026

Only 2.5 per cent of the equity in Jio Platforms will be offloaded through the OFS route -- meant for secondary share sale.

Landmark Study Assesses Reproducibility in Social and Behavioural Science Research

Landmark Study Assesses Reproducibility in Social and Behavioural Science Research

Rediff.com3 Apr 2026

A major US study has assessed the reproducibility of research papers in the social sciences, revealing insights into the credibility of findings and highlighting challenges in replicating results.

Landmark Study Assesses Reproducibility in Social Sciences

Landmark Study Assesses Reproducibility in Social Sciences

Rediff.com3 Apr 2026

A seven-year study analysing thousands of social science research papers reveals insights into the reproducibility and robustness of findings in the field.

Bharat Taxi Surpasses 2 Million Users, Focuses on Driver Welfare

Bharat Taxi Surpasses 2 Million Users, Focuses on Driver Welfare

Rediff.com17 Mar 2026

Cooperation Minister Amit Shah announces Bharat Taxi, a cooperative-led ride-hailing platform, has reached 2.13 million users and 231,000 drivers. The platform operates on a zero-commission model, prioritising driver welfare and expansion into Tier 2 and 3 cities.

'Nehru And Patel Were Like Jai And Veeru'

'Nehru And Patel Were Like Jai And Veeru'

Rediff.com10 Apr 2026

'Gandhi was Thakur and Gabbar was Jinnah.'

Quite possible that rates will remain low in the near to medium term, says RBI Governor

"Quite possible that rates will remain low in the near to medium term," says RBI Governor

Rediff.com9 Apr 2026

"It is quite possible that the rates will remain low in the near to medium term, but that will depend on how conditions evolve," said RBI Governor Sanjay Malhotra.

Bengaluru Police Nab Five in Major Drug Trafficking Operation

Bengaluru Police Nab Five in Major Drug Trafficking Operation

Rediff.com24 Mar 2026

Bengaluru police have arrested five individuals for allegedly trafficking MDMA and ganja in various parts of the city. The operation resulted in the seizure of drugs and other items worth 5.77 crore.

Jefferies Predicts Strong Growth for Paytm, Retains 'Buy' Rating

Jefferies Predicts Strong Growth for Paytm, Retains 'Buy' Rating

Rediff.com23 Mar 2026

Brokerage firm Jefferies maintains a 'Buy' rating for Paytm, citing its dominant merchant payments platform and projected revenue growth.

'Dhurandhar 2 Will Make 2,000 Crores'

'Dhurandhar 2 Will Make 2,000 Crores'

Rediff.com18 Mar 2026

Ramgopal Varma: 'Even if they think it's a horrible film, it'll do 2,000 crores'.

Sensex P/E valuations lowest since May '20 amid FPI selloff

Sensex P/E valuations lowest since May '20 amid FPI selloff

Rediff.com6 Apr 2026

The benchmark BSE Sensex's trailing 12-month price-to-earnings (P/E) multiple has declined to 20.2x, its lowest since May 2020, driven by a record $42 billion FPI selloff since September 2024 and concerns over corporate earnings and economic growth.

Hormuz Crisis Hits India Hard

Hormuz Crisis Hits India Hard

Rediff.com14 Apr 2026

The cost of the war is being counted not in the corridors of power in Washington or Tehran, but in Firozabad's darkened furnace rooms, Howrah's idle casting sheds, and a barbershop in Kochi where the wait is suddenly, inexplicably, an hour long, notes Prem Panicker in his must read blog on the Iran War.

Iran War: Pakistan Was Flimsy, Face-Saving Fig Leaf

Iran War: Pakistan Was Flimsy, Face-Saving Fig Leaf

Rediff.com8 Apr 2026

Nobody takes Pakistan seriously and therefore Pakistan's sudden mediating with almost immediate results of a ceasefire seems more contrived than real, points out Vice Admiral Biswajit Dasgupta (retd).

Stock Market Crash: Sensex plunges 1,690 pts, Nifty drops below 22,850

Stock Market Crash: Sensex plunges 1,690 pts, Nifty drops below 22,850

Rediff.com27 Mar 2026

Indian stock markets tumbled sharply with the Sensex falling 800 points and nearly 4 lakh crore wiped out in a single session. Here are the 6 key factors, including rupee weakness and global cues, behind the crash.

Regulatory Tightening, STT Hike Dampen Indian Equities Trading Volumes

Regulatory Tightening, STT Hike Dampen Indian Equities Trading Volumes

Rediff.com3 Apr 2026

Indian equities trading activity saw a moderation in FY26, with cash market turnover declining and derivatives growth remaining subdued due to regulatory tightening and weak market performance. Further impacts are expected from new RBI norms and a hike in Securities Transaction Tax (STT).

Godrej Properties' profit up 21% to Rs 405 cr

Godrej Properties' profit up 21% to Rs 405 cr

Rediff.com7 Nov 2025

Real estate firm Godrej Properties' profit (attributable to the equity holders of the parent) for the second quarter of FY26 grew 21 per cent year-on-year (YoY) to Rs 405.1 crore, beating analysts' estimates. The Bloomberg analysts' poll had pegged the profit at around Rs 349.4 crore.

Sensex sheds 436 pts on profit booking in bank, oil shares

Sensex sheds 436 pts on profit booking in bank, oil shares

Rediff.com9 Dec 2025

Among the Sensex constituents, Asian Paints, Tech Mahindra, HCL Technologies, Tata Steel, Maruti Suzuki India, Sun Pharmaceuticals, Tata Consultancy Services, ICICI Bank, Bajaj Finance, UltraTech Cement, Mahindra & Mahindra and Tata Motors Passenger Vehicles were the laggards. However, Eternal, Titan, Adani Ports, Bharat Electronics Ltd, State Bank of India, Bajaj Finserv, NTPC and Bharti Airtel were among the gainers.

Chelsea fined 10.75 million pounds, given suspended transfer ban, after Premier League rule breaches

Chelsea fined 10.75 million pounds, given suspended transfer ban, after Premier League rule breaches

Rediff.com17 Mar 2026

Chelsea have been fined a record total of 10.75 million pounds ($14.3 million) for historical breaches of the Premier League's regulations, the league said on Monday.

Delhi Police Bust Illegal LPG Racket, Arrest Three

Delhi Police Bust Illegal LPG Racket, Arrest Three

Rediff.com22 Mar 2026

Delhi Police arrested three men in Mahipalpur for illegally hoarding LPG cylinders and selling them at inflated prices. The raid uncovered a large number of domestic and commercial cylinders, along with refilling equipment.

FCC Aims to Incentivise Return of Call Centres to US, Improve Customer Service

FCC Aims to Incentivise Return of Call Centres to US, Improve Customer Service

Rediff.com27 Mar 2026

The Federal Communications Commission (FCC) is considering proposals to encourage businesses to bring call centre jobs back to the US and require call-takers to be proficient in American Standard English.

Thane Hospital Owner Claims 10 Lakh Cheating by Former Partners

Thane Hospital Owner Claims 10 Lakh Cheating by Former Partners

Rediff.com8 Mar 2026

Police in Thane have registered a case against two individuals accused of cheating a hospital owner of 10 lakh following a partnership dispute.

Middle East conflict: No fuel price hike for now despite crude spike

Middle East conflict: No fuel price hike for now despite crude spike

Rediff.com9 Mar 2026

Despite international crude oil rates crossing USD 100 per barrel due to Middle East tensions, the Indian government plans to maintain current petrol and diesel prices, ensuring uninterrupted fuel supply across the country.

Siemens Energy India net profit rises 31% to Rs 360 cr in Q2

Siemens Energy India net profit rises 31% to Rs 360 cr in Q2

Rediff.com25 Nov 2025

Siemens Energy India on Tuesday posted an over 31 per cent year-on-year increase in its net profit to Rs 360 crore during July-September quarter, mainly on the back of higher revenues. Its net profit stood at Rs 274 crore in the quarter ended September 2024, a company statement said.

Bajaj Finserv targets a 22% profit CAGR, double customers in 5 years

Bajaj Finserv targets a 22% profit CAGR, double customers in 5 years

Rediff.com8 Dec 2025

Bajaj Finserv - the holding company of Bajaj group's financial services business - has laid out plans for the next five years. During this period, it is eyeing 18-22 per cent compound annual growth rate (CAGR) in net profit at Rs 21,000-24,000 crore on a consolidated basis.

Reliance Retail, India's Largest Unlisted Company

Reliance Retail, India's Largest Unlisted Company

Rediff.com25 Feb 2026

Among the fastest-growing companies by revenue were Tata Electronics, which posted a staggering 3,173% CAGR, followed by Tata Passenger Electric Mobility at 904% and JSW One Platforms at 522%.

Brazil Potash CEO: 'World might face food crisis if war continues till end of April'

Brazil Potash CEO: 'World might face food crisis if war continues till end of April'

Rediff.com4 Apr 2026

"The world might face a food crisis if the war continued till the end of April, as it could have a dramatic impact on planting in Europe and North America," said Matt Simpson, CEO of Brazil Potash.

Interpol Warns of Soaring Financial Fraud Fueled by AI

Interpol Warns of Soaring Financial Fraud Fueled by AI

Rediff.com16 Mar 2026

Interpol's latest report reveals a significant surge in global financial fraud, driven by the increasing use of artificial intelligence by scamsters, resulting in losses of over USD 442 billion in 2025.

Stock Market Today Feb 26, 2026: Sensex, Nifty End Mixed In Volatile Trade

Stock Market Today Feb 26, 2026: Sensex, Nifty End Mixed In Volatile Trade

Rediff.com26 Feb 2026

Indian equity markets experienced a volatile trading day, with the Sensex and Nifty closing almost flat. Market sentiment was influenced by global cues, US-Iran talks, and profit-booking activities.

CBI Cracks Down on Online Investment Fraud Ring Linked to 'Pyypl'

CBI Cracks Down on Online Investment Fraud Ring Linked to 'Pyypl'

Rediff.com12 Mar 2026

The CBI has conducted searches across multiple states in connection with a large-scale online financial fraud involving the overseas fintech platform 'Pyypl'.

Extended Iran conflict may hit order inflows of L&T

Extended Iran conflict may hit order inflows of L&T

Rediff.com10 Mar 2026

While investors would focus on the results and guidance for the third quarter of financial year 2025-26 (Q3FY26) in the normal course of business, the US-Israeli attack on Iran and the latter's retaliation at Gulf allies of the US has forced them to weigh the consequences of the event.

FPIs sell-off continues; pull out Rs 52,704 cr last fortnight amid West Asia conflict

FPIs sell-off continues; pull out Rs 52,704 cr last fortnight amid West Asia conflict

Rediff.com15 Mar 2026

Foreign portfolio investors (FPIs) withdrew a substantial amount from Indian equities in the first half of March, driven by geopolitical tensions, rupee depreciation, and concerns about crude oil prices.

NSE Targets Rs 7 Trillion Valuation

NSE Targets Rs 7 Trillion Valuation

Rediff.com25 Mar 2026

At the upper end of that range, the bourse would rank among the seven most valuable listed firms in the country.

Delhi Police Nab Drug Trafficker with Heroin Worth Over Rs 5 Crore

Delhi Police Nab Drug Trafficker with Heroin Worth Over Rs 5 Crore

Rediff.com3 Mar 2026

Delhi Police have arrested a 26-year-old drug trafficker and seized nearly 800 grams of heroin worth over Rs 5 crore.

Audi to rework India strategy as EU FTA may slash import duty on luxury cars to 10%

Audi to rework India strategy as EU FTA may slash import duty on luxury cars to 10%

Rediff.com26 Mar 2026

German carmaker Audi plans to reassess and adjust its product launch strategy in India once the specific details of import duty reductions under the India-EU free trade agreement (FTA) become clear, according to Balbir Singh Dhillon, the brand's director in India.

Pakistan most polluted country in the world, India at 6th place

Pakistan most polluted country in the world, India at 6th place

Rediff.com24 Mar 2026

The 8th World Air Quality report reveals Pakistan as the most polluted country, with India ranking sixth. The report analyses air quality data from over 9,446 cities across 143 countries, highlighting the severe impact of pollution on global health, especially for children.

Pricing gains ahead for Tata Steel

Pricing gains ahead for Tata Steel

Rediff.com18 Feb 2026

With the worst in terms of pricing pressures behind Tata Steel, its outlook is expected to improve. Europe has seen hot rolled coil prices rise this January after the European Union's (EU's) carbon border adjustment mechanism (CBAM) kicked in and further price improvements may be on the cards once import quotas come into play in June.

Foreign investors dump Rs 88,180 cr in Mar; 2026 outflows cross Rs 1 lakh cr

Foreign investors dump Rs 88,180 cr in Mar; 2026 outflows cross Rs 1 lakh cr

Rediff.com22 Mar 2026

Foreign investors have withdrawn over Rs 88,000 crore from Indian equities this month, driven by geopolitical tensions, a weak rupee, and concerns about rising crude oil prices.

PSBs record 9% growth in profit to Rs 49,456 cr in Q2

PSBs record 9% growth in profit to Rs 49,456 cr in Q2

Rediff.com5 Nov 2025

State Bank of India-led public sector banks posted a record cumulative profit of Rs 49,456 crore in the second quarter of the current fiscal, reflecting a 9 per cent year-on-year growth despite two lenders reporting a decline. All 12 public sector banks (PSBs) together made a profit of Rs 45,547 crore in the September quarter of FY25.

Hiring Outlook Brightens for FY27

Hiring Outlook Brightens for FY27

Rediff.com26 Mar 2026

Hiring demand strongest in ecommerce, tech startups, healthcare, and energy sectors, with Bengaluru, Hyderabad, and Pune leading.

Box Office: The Kerala Story 2 Does Fairly Well

Box Office: The Kerala Story 2 Does Fairly Well

Rediff.com2 Mar 2026

If The Kerala Story 2 manages even decent collections now, profits will start coming in from the second week itself.