News for 'rs 62 lakh'

Gold worth crores of rupees missing from customs secure vaults

Gold worth crores of rupees missing from customs secure vaults

Rediff.com16 Sep 2015

Theft of gold from five packets had been reported to the police on January 16, 20, April 30.

Tatas' m-cap doubled under Mistry

Tatas' m-cap doubled under Mistry

Rediff.com24 Oct 2016

Tata Group is the country's most valuable group and has an estimated 4.1 million shareholders across its various listed companies

Rohit Signs Off In Style!

Rohit Signs Off In Style!

Rediff.com18 May 2024

Rohit Sharma enthralled home fans to a fine exhibition of sumptuous strokeplay in what could probably be his final knock for the Mumbai Indians.

Bloodbath on D-Street; Rs 6 lakh crore vanishes in 7 days

Bloodbath on D-Street; Rs 6 lakh crore vanishes in 7 days

Rediff.com27 Sep 2017

In the longest losing streak of 2017, the BSE Sensex has lost 1,270 points, or 3.91 per cent. It fell to a three-month low of 31,154.03 on Wednesday.

Buying in index majors push Sensex up 327 points

Buying in index majors push Sensex up 327 points

Rediff.com2 Jan 2023

Equity benchmarks started the first day of trade of the New Year on a positive note and ended with smart gains, propelled by buying in index majors Reliance Industries and ICICI Bank amid a firm trend in European markets. The 30-share BSE Sensex climbed 327.05 points or 0.54 per cent to settle at 61,167.79 on Monday. During the day, it jumped 382.05 points or 0.62 per cent to 61,222.79.

Day 12: Spectrum auction bids reach Rs 1,07,000 crore

Day 12: Spectrum auction bids reach Rs 1,07,000 crore

Rediff.com17 Mar 2015

There are 29 licences in 18 service areas which will expire in 2015-16.

How the rich enjoy govt's subsidies

How the rich enjoy govt's subsidies

Rediff.com7 Mar 2016

The government spends nearly 4.2 per cent of the gross domestic product in subsidising various commodities and services.

'I didn't pay $62,000 to sit in front of a computer'

'I didn't pay $62,000 to sit in front of a computer'

Rediff.com9 Jul 2020

'I have taken a loan of Rs 35 lakhs.' 'Even if my university allows me to stay, I feel cheated.' 'Thousands of Indian students in the US will be forced to return to India if their college/university courses go fully online.

Facebook buys 9.99 % stake in Jio for Rs 43,574 cr

Facebook buys 9.99 % stake in Jio for Rs 43,574 cr

Rediff.com22 Apr 2020

The latest deal would give Facebook deeper access to India, the second largest internet market after China.

BCCI makes Rs 2.61 crore payment to Dravid as coaching fees

BCCI makes Rs 2.61 crore payment to Dravid as coaching fees

Rediff.com13 May 2016

Details of the Board of Control for Cricket in India payments of above Rs 25 lack during the month of April 2016.

Production of laptops, tablets, PCs gets Rs 7,350 cr booster

Production of laptops, tablets, PCs gets Rs 7,350 cr booster

Rediff.com24 Feb 2021

The government on Wednesday approved a Rs 7,350-crore scheme to boost production of laptops, tablets, all-in-one PCs and servers in the country, as it sought to woo global and domestic players to take advantage of India's manufacturing prowess. Production worth Rs 3.26 lakh crore and exports of Rs 2.45 lakh crore are estimated over the next four years under the new scheme, which is expected to create 1.80 lakh jobs. Briefing reporters after a meeting of the Cabinet, Communications and IT Minister Ravi Shankar Prasad said the Production Linked Incentive (PLI) scheme has been approved for IT hardware products that would cover laptops, tablets, all-in-one PCs and servers.

LIC's knock-on effect: New business premium of insurers drops 12%

LIC's knock-on effect: New business premium of insurers drops 12%

Rediff.com21 Apr 2023

Contrary to expectations, the new business premium (NBP) of life insurance companies dropped 12.62 per cent year-on-year (YoY) in March 2023 due to an over 30 per cent drop in Life Insurance Corporation (LIC) of India's premiums, albeit on a high base. Data released by the Life Insurance Council shows the industry racked up NBP of Rs 52,081 crore in March 2023, compared with Rs 59,608.83 crore in the year-ago period. NBP is the premium acquired from new policies in a year. It is the sum of the first-year premium and single premium, reflecting the total premium received from new businesses.

RBI keeps interest rates unchanged in hawkish policy

RBI keeps interest rates unchanged in hawkish policy

Rediff.com10 Aug 2023

The Reserve Bank of India on Thursday decided to keep policy rate unchanged for third time in a row as it maintains heightened vigil on inflation. The rate increase cycle was paused in April after six consecutive rate hikes aggregating to 250 basis points since May 2022.

Does it make sense to invest in Britannia?

Does it make sense to invest in Britannia?

Rediff.com23 Jun 2023

The stock has gained over 10 per cent in the last month but it could still have an upside, with valuations between Rs 5,200 and Rs 5,700 from several analysts and strong 'buy' consensus.

BPCL to sell Numaligarh refinery stake for Rs 9,876 cr

BPCL to sell Numaligarh refinery stake for Rs 9,876 cr

Rediff.com1 Mar 2021

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Monday said it will exit Numaligarh refinery in Assam by selling its entire stake to a consortium of Oil India Ltd and Engineers India Ltd for Rs 9,876 crore. The sale of Numaligarh Refinery Ltd clears the way for privatisation of India's second-largest fuel retailer. In keeping with the Assam Peace Accord, the government had decided to keep Numaligarh Refinery Ltd (NRL) in the public sector. As part of this, BPCL was to sell its entire 61.65 per cent stake to state-owned firms.

BJP rule brought MP out of BIMARU category, says Shah; releases report card

BJP rule brought MP out of BIMARU category, says Shah; releases report card

Rediff.com20 Aug 2023

He said the people of the state took a historic decision in 2003 by removing the government of "Mr Bantadhar", apparently referring to senior Congress leader and former chief minister Digvijaya Singh.

Sensex slips on China tensions, virus woes

Sensex slips on China tensions, virus woes

Rediff.com17 Jun 2020

Kotak Bank was the top laggard in the Sensex pack, shedding over 2 per cent, followed by ITC, PowerGrid, M&M, HDFC, Asian Paints and NTPC. On the other hand, Maruti rallied over 4 per cent. Bharti Airtel, Axis Bank, IndusInd Bank and Bajaj Finance were also among the gainers.

'MF Guru, I know I messed a bit'

'MF Guru, I know I messed a bit'

Rediff.com4 Nov 2022

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Nephew Vijay takes on uncle Bhupesh Baghel in Chhattisgarh's Patan

Nephew Vijay takes on uncle Bhupesh Baghel in Chhattisgarh's Patan

Rediff.com10 Nov 2023

Vijay Baghel and Jogi accuse the chief minister of prompting liquor vends across the state.

Will UP Startle Modi?

Will UP Startle Modi?

Rediff.com31 May 2024

The best-case scenario is that the BJP will top out at around 50 seats in UP -- a drop of 12 from the 62 it had won in 2019. Taken in tandem with Maharashtra and Karnataka, this is what is likely to put paid to the BJP's ambitions of a third term for Modi, argues Prem Panicker.

Small-cap, arbitrage funds buck 'low inflow' trend this calendar

Small-cap, arbitrage funds buck 'low inflow' trend this calendar

Rediff.com20 Jun 2023

Two equity funds at the opposite ends of the risk matrix - small-cap and arbitrage - bucked the 'low inflow' trend in May this calendar year 2023 (CY23) to receive the highest net inflows in recent years. The Rs 3,280-crore net inflows into small-cap schemes in May was the highest for the category since the mutual fund (MF) industry started releasing fund-wise inflow data in April 2019. Arbitrage schemes raked in a net Rs 6,640 crore - the highest since July 2021.

How Verna turned around Hyundai's fortune

How Verna turned around Hyundai's fortune

Rediff.com25 Nov 2017

Hyundai sold 6,054 units of the new Verna in September, against 6,010 units of the Honda City and 5,603 units of the Maruti Ciaz.

TCS market value crosses Rs 4 trillion

TCS market value crosses Rs 4 trillion

Rediff.com2 Sep 2013

Tata group's IT firm TCS on Monday attained a market valuation of Rs 4 lakh crore - becoming the second company in Indian markets after Reliance Industries to cross this milestone.

Covid Wanes, Credit Card Spending Rises

Covid Wanes, Credit Card Spending Rises

Rediff.com8 Sep 2021

'Spends are likely to increase from the current levels because recovery is yet to fully be over.'

Madhumita murder: UP ex-minister Amarmani Tripathi, wife released

Madhumita murder: UP ex-minister Amarmani Tripathi, wife released

Rediff.com26 Aug 2023

The prisons department had on Thursday issued an order for the premature release of Amarmani Tripathi, citing the state's 2018 policy on remission, since they have completed 16 years of imprisonment.

GST collections slip in July

GST collections slip in July

Rediff.com1 Aug 2020

Although the June collections were higher than that in July, however, it is important to note that during the previous month, a large number of taxpayers also paid taxes pertaining to February, March and April 2020 on account of the relief provided due to COVID-19.

Post merger, Vodafone Idea posts Q3 loss of Rs 5,005 cr

Post merger, Vodafone Idea posts Q3 loss of Rs 5,005 cr

Rediff.com6 Feb 2019

The company added 95 lakh new 4G subscribers taking its total 4G subscriber base to 7.53 crore inching closer to its peer Bharti Airtel which reported 4G customer base of 7.7 crore.

DeMo led to wider taxpayers' base, more household savings

DeMo led to wider taxpayers' base, more household savings

Rediff.com29 Jan 2018

New filers reported an average income, in many cases, close to the income tax threshold of Rs 250,000, limiting the early revenue impact.

IUML member moves resolution in RS seeking Sachar report implementation

IUML member moves resolution in RS seeking Sachar report implementation

Rediff.com10 Feb 2023

A private member resolution seeking that the government implement the recommendations of the Sachar Committee report and other reports that have discussed the educational and social backwardness of Muslims and enact a legislation for the prevention of atrocities against minorities was moved in the Rajya Sabha on Friday.

'No SIPs. Have I missed the bus?'

'No SIPs. Have I missed the bus?'

Rediff.com18 Nov 2022

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Factional feud, poll promises major challenges for new Cong govt in Himachal

Factional feud, poll promises major challenges for new Cong govt in Himachal

Rediff.com11 Dec 2022

Allocation of portfolios would be the immediate vexatious issue for the party, with supporters of Virbhadra Singh already feeling sidelined after the elevation of the late chief minister's professed rival Sukhu.

Crude oil tanks; India's gain could be well over Rs 1 lakh cr

Crude oil tanks; India's gain could be well over Rs 1 lakh cr

Rediff.com25 Aug 2015

Chinese stock markets suffered their biggest single-day drop since the global financial crisis.

The bad loan problem

The bad loan problem

Rediff.com27 Feb 2017

GNPAs of public sector banks are now at a staggering 11.2 per cent of their advances.

Adani calls off fully subscribed FPO; money to be returned to investors

Adani calls off fully subscribed FPO; money to be returned to investors

Rediff.com1 Feb 2023

Adani Enterprises on Wednesday said it has decided to withdraw its fully subscribed Rs 20,000-crore follow-on public offer (FPO) and will return the proceeds to investors. The announcement came a day after the company's FPO was subscribed fully on the last day of the offer on Tuesday. "The Board of Adani Enterprises Ltd., (AEL) decided not to go ahead with the fully subscribed FPO.

Base salary stagnates, but variable pay zooms at IITs

Base salary stagnates, but variable pay zooms at IITs

Rediff.com5 Dec 2014

International pay packages have soared 10-30 per cent at IITs.

Gadkari's grand plan: Rs 3 lakh cr of road projects in 6 months

Gadkari's grand plan: Rs 3 lakh cr of road projects in 6 months

Rediff.com19 May 2015

The public-private partnership model is a compulsion, says the minister.

Google to seek CCI nod for Rs 33,737-cr Jio Platform deal

Google to seek CCI nod for Rs 33,737-cr Jio Platform deal

Rediff.com22 Jul 2020

The partnership will also see the two parties cooperate on technology initiatives, including development of affordable smartphones.

Infy top bosses take home Rs 862 cr via ADS

Infy top bosses take home Rs 862 cr via ADS

Rediff.com1 Dec 2006

Eight directors of Infosys Technologies have pocketed Rs 862 crore (Rs 8.62 billion) by offering 3.60 million shares as part of the company's third sponsored American depositary shares issue.

Morris to Shahrukh: The TOP 10 at IPL auction

Morris to Shahrukh: The TOP 10 at IPL auction

Rediff.com19 Feb 2021

A look at the top 10 purchases at the IPL auction.

Dawood is in Karachi, sends money to kin, witnesses tell ED in Malik case

Dawood is in Karachi, sends money to kin, witnesses tell ED in Malik case

Rediff.com25 May 2022

A witness in a money-laundering case against Maharashtra minister Nawab Malik has stated before the Enforcement Directorate that fugitive gangster Dawood Ibrahim is based in Pakistan's Karachi city, while another witness said he was told that Dawood would send Rs 10 lakh to his siblings every month.