News for 'profitability'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

Rediff.com3 Nov 2025

'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'

DIIs Pump Record Rs 6 Trillion in 2025

DIIs Pump Record Rs 6 Trillion in 2025

Rediff.com16 Oct 2025

The strong domestic flow offset selling by foreign portfolio investors who pulled out $23.3 billion (Rs 2.03 trillion) from domestic equity markets in CY25.

India Generated 21.5 Billion Hours Of...

India Generated 21.5 Billion Hours Of...

Rediff.com19 Sep 2025

...of premium video-on-demand viewing in the second quarter of 2025, led by JioHotstar (56 per cent share), with Amazon (Prime Video and MX Player) holding a combined 25 per cent share..

TN govt revokes license for Coldrif cough syrup; shuts down firm

TN govt revokes license for Coldrif cough syrup; shuts down firm

Rediff.com13 Oct 2025

The Enforcement Directorate (ED) raided premises linked to Sresan Pharmaceuticals, the manufacturer of Coldrif cough syrup linked to the deaths of children in Madhya Pradesh and Rajasthan, and top officials of the Tamil Nadu FDA as part of a money laundering investigation.

NBA stars among dozens arrested in illegal gambling probe

NBA stars among dozens arrested in illegal gambling probe

Rediff.com24 Oct 2025

Chauncey Billups, an NBA Hall of Fame player and head coach of the Portland Trail Blazers, and Terry Rozier, a guard with the Miami Heat, were among more than 30 people charged on Thursday.

Structural gains, valuation support positive for PSU bank stocks

Structural gains, valuation support positive for PSU bank stocks

Rediff.com7 Oct 2025

Public-sector banks (PSBs) are attracting the attention of investors and the PSU Bank Index has gained nearly 10 per cent in the past month. PSBs have seen return on assets (RoA) climbing to 1 per cent in 2024-2025 (FY25) and margins are believed to have moved up further in the first half of this financial year (H1FY26) with asset quality remaining stable.

Tentative Truce In Tata Trusts: BusinessLine Report

Tentative Truce In Tata Trusts: BusinessLine Report

Rediff.com23 Oct 2025

After months of discord, the Tata Trusts appear to be moving towards reconciliation, with recent reappointments and open exchanges signalling a return to cooperative governance.

Norway FA cheers Gaza peace plan ahead of WC qualifier

Norway FA cheers Gaza peace plan ahead of WC qualifier

Rediff.com10 Oct 2025

Norwegian Football Federation president Lise Klaveness is looking forward to meeting her Israeli counterpart ahead of a World Cup qualifier between the two on Saturday following the announcement of a peace deal between Israel and Hamas, she said.

Persistent CEO Sandeep Kalra Tops India Inc Salary Charts

Persistent CEO Sandeep Kalra Tops India Inc Salary Charts

Rediff.com2 Sep 2025

BSE 200 companies together paid 5,819.75 crore as remuneration to their CEOs and directors in FY25, up from 5,352.8 crore a year earlier.

SC judge recuses from hearing plea against Vedanta

SC judge recuses from hearing plea against Vedanta

Rediff.com8 Sep 2025

Supreme Court judge Justice K Vinod Chandran on Monday recused from hearing a plea seeking directions to authorities to investigate allegations made by US short seller Viceroy Research that billionaire Anil Agarwal's mining conglomerate was "financially unsustainable" and posing severe risk to creditors.

Insurance staff oppose pvt sector entry in top PSU posts

Insurance staff oppose pvt sector entry in top PSU posts

Rediff.com14 Oct 2025

The All India Insurance Employees' Association has opposed the government directive seeking to open up top posts in the state-owned insurers to the private sector, saying this would lead to greater private influence and "eventual privatisation".

Why The Americans Were Opposed To Agni

Why The Americans Were Opposed To Agni

Rediff.com6 Nov 2025

'The heat shield technology for re-entry vehicles was first mastered in DRDO for the Agni missile.' 'This is why the Americans were so opposed to Agni in the 1980s, unlike other missiles -- it was a re-entry vehicle.'

Will Tata Sons Get RBI Relief?

Will Tata Sons Get RBI Relief?

Rediff.com24 Oct 2025

Tata Sons, now debt-free, has asked the RBI to drop its 'upper-layer NBFC' tag and allow it to stay private.

IPO Boom Faces Reality Check Amid Market Volatility

IPO Boom Faces Reality Check Amid Market Volatility

Rediff.com28 Oct 2025

More than a third of 83 mainboard IPOs this year ended their debut sessions in the red, with losses of up to 35 per cent.

$18.3M Payday: Inside ATP's biggest-ever player bonus

$18.3M Payday: Inside ATP's biggest-ever player bonus

Rediff.com14 Aug 2025

The bonus amount, a 177% increase on the previous season's payout, will be distributed to players based on performance at the nine ATP 1000 tournaments, which rank just below the four Grand Slams in prestige.

How GST Rate Cut Will Impact Sectors

How GST Rate Cut Will Impact Sectors

Rediff.com8 Sep 2025

Lower rates effectively increase disposable income, strengthen purchasing capacity, and support broader consumption growth.

Sensex climbs 398 points on buying in RIL, IT counters

Sensex climbs 398 points on buying in RIL, IT counters

Rediff.com9 Oct 2025

Among Sensex firms, Tata Steel, HCL Tech, UltraTech Cement, Bharat Electronics, Sun Pharma and Tata Consultancy Services were the major gainers. However, Axis Bank, Titan, Maruti and Tata Motors were among the laggards.

NSE to conduct 1-hr Diwali Muhurat trading on Oct 21

NSE to conduct 1-hr Diwali Muhurat trading on Oct 21

Rediff.com22 Sep 2025

The National Stock Exchange (NSE) on Monday said it will conduct a special Muhurat trading session on Tuesday, October 21, to mark the festival of Diwali.

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.

'Gen Zs Are Not Interested In Farming'

'Gen Zs Are Not Interested In Farming'

Rediff.com3 Nov 2025

'They are totally disconnected with farm activities which their families have been involved in for years.'

Why Is I-T Department Cracking Down On...

Why Is I-T Department Cracking Down On...

Rediff.com1 Oct 2025

Do not panic on receiving a notice. Verify if your work falls under professions notified in Section 44AA(1).

'The Intent Is To Make A Better Bank In The Future'

'The Intent Is To Make A Better Bank In The Future'

Rediff.com28 Oct 2025

'As the team builds, each of them will bring in a different perspective, new thinking.'

Trump Tariffs Dim Diamond City's Diwali Sparkle

Trump Tariffs Dim Diamond City's Diwali Sparkle

Rediff.com18 Oct 2025

For both polishing unit operators and diamond merchants, the US is still the biggest export destination: Three in every 10 diamonds polished in India end up in American stores.

Hindi Cinema's New Mogul

Hindi Cinema's New Mogul

Rediff.com9 Sep 2025

'We don't make films for profit and that's exactly why profit follows.'

TCS slammed for 'downplaying large scale layoffs'; headcount falls by 19,755

TCS slammed for 'downplaying large scale layoffs'; headcount falls by 19,755

Rediff.com9 Oct 2025

Tata Consultancy Services (TCS) employee headcount fell by a massive nearly 20,000 in a single quarter, as India's largest IT services company continues to restructure workforce to align with changed business dynamics. According to Q2 FY26 data on its website, the company's headcount has dropped to 5,93,314 in September quarter as compared to 6,13,069 in June quarter, even as IT workers' union NITES accused TCS of downplaying large scale layoffs through under-reporting.

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.

Sensex falls 388 points; Adani stocks rally

Sensex falls 388 points; Adani stocks rally

Rediff.com19 Sep 2025

Among Sensex firms, HCL Tech, ICICI Bank, Titan, Trent, Kotak Mahindra Bank, Hindustan Unilever, Mahindra & Mahindra and HDFC Bank were the major laggards. However, Adani Ports, Bharti Airtel, SBI, NTPC and Sun Pharma were among the gainers.

Sensex, Nifty end in red in volatile trade

Sensex, Nifty end in red in volatile trade

Rediff.com23 Sep 2025

Among Sensex firms, Trent, Tech Mahindra, Hindustan Unilever, UltraTech Cement, Asian Paints, Eternal and ITC were the major laggards. Selling in HDFC Bank and ICICI Bank also dragged the key indices. However, Axis Bank, Bajaj Finance, Maruti and State Bank of India were among the gainers.

'We Won't Be Silenced, We Won't Be Ignored'

'We Won't Be Silenced, We Won't Be Ignored'

Rediff.com31 Oct 2025

'Our politics is transparent -- it's about ensuring farmers don't die by suicide, about ensuring agriculture remains viable, about ensuring food security for the nation.' 'If that's politics, then yes, we do politics.'

How India Let Sri Lanka Steal Its Tea Crown

How India Let Sri Lanka Steal Its Tea Crown

Rediff.com2 Oct 2025

India, the land that gave the world Darjeeling and Assam tea, risks losing its place at the global tea table, not because of its leaves, but because of its lost opportunities, notes Kanika Datta.

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.

From TCS to Wipro, India's top IT companies a gravy train for shareholders

From TCS to Wipro, India's top IT companies a gravy train for shareholders

Rediff.com13 Aug 2025

India's top information- technology (IT) services companies, all cash-rich, have been tightfisted about ploughing back their earnings in new projects or acquisitions and the bulk of the profits have been distributed to shareholders through dividend and share buybacks. In the past 10 years (that is, excluding the current one), the firms have reinvested in growth and expansion only around 13.5 per cent of the cash flow generated from their operations.

Stocks for Diwali 2025: Shares That Historically Outperform in Oct-Nov

Stocks for Diwali 2025: Shares That Historically Outperform in Oct-Nov

Rediff.com14 Oct 2025

The Indian stock market in the October-November period sees high trading activity due to increased consumer spending, festive demand, upbeat sentiment, renewed investor confidence, and the auspicious Muhurat trading session. This impacts many stocks and sectors in the festive season.

India's Russian oil import rebounds in Oct after dip in Q2

India's Russian oil import rebounds in Oct after dip in Q2

Rediff.com17 Oct 2025

India's crude oil imports from Russia strengthened in the first half of October, reversing a three-month slide in arrivals seen during July-September as refineries were back on full stream to meet festive demand, according to ship tracking data.

Sensex ends down 386 points on foreign fund outflows

Sensex ends down 386 points on foreign fund outflows

Rediff.com24 Sep 2025

Among Sensex firms, Tata Motors, Bharat Electronics, UltraTech Cement, Tech Mahindra, Mahindra & Mahindra, ICICI Bank, Tata Consultancy Services and Axis Bank were the major laggards. However, Power Grid, Hindustan Unilever, NTPC and HCL Tech were among the gainers.

The Woman Who Dared To Democratise Wealth

The Woman Who Dared To Democratise Wealth

Rediff.com24 Oct 2025

'Success isn't about a single brilliant idea; it's about the relentless execution, the ability to withstand the storms, and the unwavering belief in your mission, even when no one else sees it,' Madhu Lunawat, founder, The Wealth Company.

Ditch Quick-Money Lures This Diwali!

Ditch Quick-Money Lures This Diwali!

Rediff.com20 Oct 2025

: Build lasting wealth via disciplined, long-term mutual fund investing in India's compounding marathon, Shanaihi, Shanaihi, says Ramalingam Kalirajan

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.

Adityanath an 'infiltrator', send him back to Uttarakhand: Akhilesh

Adityanath an 'infiltrator', send him back to Uttarakhand: Akhilesh

Rediff.com12 Oct 2025

Samajwadi Party chief Akhilesh Yadav likened Uttar Pradesh Chief Minister Yogi Adityanath to an infiltrator, saying he is from Uttarakhand and should be sent back to the state. Yadav also criticized the BJP's governance and alleged injustices against Dalits and backward communities.

SpiceJet posts Rs 26 crore profit in Q3

SpiceJet posts Rs 26 crore profit in Q3

Rediff.com26 Feb 2025

However, the meeting of the company's board of directors, through video conferencing, started at 1.30 pm and ended only at 11.50 pm on Tuesday, according to a filing made to BSE at 12.51 am on Wednesday. In the 2024 December quarter, the airline, which had been facing multiple headwinds, raised Rs 3,000 crore from qualified institutional investors.