News for 'rs5'

Rain wreaks havoc in Kerala; floods houses, disrupts power

Rain wreaks havoc in Kerala; floods houses, disrupts power

Rediff.com30 May 2025

Houses in low lying areas of Kerala were flooded in the heavy rains, while the accompanying strong winds uprooted trees, damaged homes and caused power disruptions, throwing normal way of life into disarray across the state.

Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Rediff.com9 May 2025

Stock market benchmark indices Sensex and Nifty tumbled over 1 per cent each on Friday as tensions soared between India and Pakistan, fuelling fears of a wider conflict.

Indian Reits distribute Rs 6,070 crore in FY25, up 13% from previous year

Indian Reits distribute Rs 6,070 crore in FY25, up 13% from previous year

Rediff.com16 May 2025

India's four listed Real Estate Investment Trusts (Reits) collectively distributed 13 per cent more funds to their shareholders in fourth quarter of financial year 2024-25 (Q4FY25) at Rs 1,553 crore on year, reflecting the growing strength of the sector fuelled by strong leasing activity, especially from Global Capability Centres (GCCs).

Equity MF inflows down 3% at Rs 24,269 cr in April

Equity MF inflows down 3% at Rs 24,269 cr in April

Rediff.com17 May 2025

Inflows into equity mutual fund (MF) schemes declined for a fourth consecutive month in April, even as systematic investment plan (SIP) inflows reached a record high of about Rs 26,632 crore.

Box Office: Ground Zero Sees Low Collections

Box Office: Ground Zero Sees Low Collections

Rediff.com28 Apr 2025

Ground Zero is a decent watch but word-of-mouth needs to be strong for the weekdays to stay stable as well.

Maha minister Vikhe Patil, 53 others booked in loan fraud case

Maha minister Vikhe Patil, 53 others booked in loan fraud case

Rediff.com30 Apr 2025

A case has been registered against Maharashtra BJP minister Radhakrishna Vikhe Patil and 53 others, including directors of a sugar mill, for allegedly obtaining loans of nearly Rs 9 crore in the names of farmers using forged documents. The complaint was filed by a sugarcane cultivator and member of the cooperative sugar mill, alleging that the loan amounts were never credited to the farmers' accounts and were instead siphoned off by sugar mill officials and bank staff. The case was registered based on a court directive following a complaint alleging irregularities that occurred in 2004.

Don't Want IT Notice? Read This NOW!

Don't Want IT Notice? Read This NOW!

Rediff.com10 Jun 2025

Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.

Ajay Devgn Scores A Hit With Raid 2

Ajay Devgn Scores A Hit With Raid 2

Rediff.com5 May 2025

The sequel factor seems to have worked, as audiences have given a thumbs up to the film.

Chhaava Crosses Rs 500 Crore

Chhaava Crosses Rs 500 Crore

Rediff.com10 Mar 2025

Chhaava has entered the prestigious Rs 500 Crore (Rs 5 billion) Club and with that, it joins the likes of Pushpa 2, Stree 2, Jawan, Animal, Gadar 2, Pathaan and Baahubali 2 to have achieved this feat.

Revealed: How much PM Modi's foreign trips cost

Revealed: How much PM Modi's foreign trips cost

Rediff.com21 Mar 2025

Nearly Rs 258 crore was incurred on 38 foreign visits of Prime Minister Narendra Modi between May 2022 and December 2024, according to data shared by the government.

Wrong ITR Form Can Delay Tax Returns

Wrong ITR Form Can Delay Tax Returns

Rediff.com27 May 2025

The return filed could be treated as defective, invalid, or even be considered as not filed at all.

I-T dept notifies ITR forms 1, 4 for AY 2025-26

I-T dept notifies ITR forms 1, 4 for AY 2025-26

Rediff.com30 Apr 2025

The income tax department has notified ITR forms 1 and 4 for assessment year (AY) 2025-26 that are to be filed by individuals and entities with total income of up to Rs 50 lakh a year. Now individuals having long-term capital gains of up to Rs 1.25 lakh in a fiscal year can also file ITR-1.

IndiGo posts highest Q4 profit of Rs 3,068 cr on strong air travel demand

IndiGo posts highest Q4 profit of Rs 3,068 cr on strong air travel demand

Rediff.com21 May 2025

InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Wednesday posted its highest ever fourth-quarter profit after tax of Rs 3,067.5 crore, mainly helped by strong air travel demand. The company's profit after tax in the three months ended March 2025 jumped 62 per cent from Rs 1,894.8 crore in the year-ago period.

'IPL Final A Magnet For Cricket Tourism'

'IPL Final A Magnet For Cricket Tourism'

Rediff.com30 May 2025

'It's clear that fans are eager to be part of the live stadium experience, reflecting a growing trend of travel driven by marquee sporting events.'

Eliminate online betting, gambling apps, YSRCP MP urges govt

Eliminate online betting, gambling apps, YSRCP MP urges govt

Rediff.com26 Mar 2025

A strong demand was made in the Lok Sabha to eliminate online betting and gambling applications. YSRCP member Maddila Gurumoorthy urged the government to set up a dedicated task force to take action against betting and gambling apps. He also asked the government to draft regulations for such applications and launch awareness campaigns about the dangers of online betting. Other issues raised included deposit insurance coverage for bank depositors, representation of Scheduled Castes in the Kerala government, challenges faced by nurses, and the need for paramilitary forces in Jharkhand during upcoming Hindu festivals.

Bharti Airtel Q4 profit jumps five-fold to Rs 11,022 cr

Bharti Airtel Q4 profit jumps five-fold to Rs 11,022 cr

Rediff.com13 May 2025

Telecom operator Bharti Airtel posted about a five-fold jump in consolidated net profit to Rs 11,022 crore in the March 2025 quarter, mainly due to the tariff hike impact and one-time gain on tax benefits. Bharti Airtel had posted net profit (attributable to owners of the parent company) of Rs 2,071.6 crore a year ago.

Herald case: Political damage fear drove YI, AJL donations, alleges ED

Herald case: Political damage fear drove YI, AJL donations, alleges ED

Rediff.com23 May 2025

The Enforcement Directorate (ED) has alleged that some Congress leaders pressured individuals to donate funds to the Young Indian and Associated Journals Limited (AJL) on instructions from senior party functionaries. The ED's chargesheet in the National Herald case claims that these individuals made payments to the company "under the influence" from senior leaders who promised them "certain favours" in party politics. The chargesheet, filed on April 9 before a local court, names Sonia Gandhi and Rahul Gandhi as accused, along with five others, under the Prevention of Money Laundering Act (PMLA). The agency alleges that these donations were not made voluntarily but in expectation of political benefits. The ED also found that YI and AJL received funds from various entities through "quid pro quo" arrangements, where individuals were asked to make payments for advertisements in the National Herald in exchange for past favours from Congress leaders.

Pak Airspace Shut: Indian Carriers Redraw Flight Paths

Pak Airspace Shut: Indian Carriers Redraw Flight Paths

Rediff.com25 Apr 2025

Executives from India's leading airlines are conducting internal meetings to devise alternative routes for their international flights that currently pass through Pakistani airspace.

On Women's' Day, Delhi govt approves Rs 2500 monthly aid

On Women's' Day, Delhi govt approves Rs 2500 monthly aid

Rediff.com8 Mar 2025

The Delhi Cabinet has approved an allocation of Rs 5,100 crore for implementing the Mahila Samriddhi Yojana, under which women in the national capital will receive Rs 2,500 each per month. The scheme was announced by BJP national president J P Nadda on the occasion of International Women's Day and will be launched immediately. The scheme was a key promise made by the BJP during the recent Delhi Assembly elections, where the party secured a sweeping victory. The announcement has been met with mixed reactions, with some praising the initiative while others have raised concerns about its feasibility.

Tax dept notifies all 7 ITR forms for assessment year 2025-26

Tax dept notifies all 7 ITR forms for assessment year 2025-26

Rediff.com12 May 2025

The income tax department has notified all seven income tax return forms for assessment year 2025-26. While ITR forms 1 and 4, which are filed by small and medium taxpayers, were notified on April 29; ITR-7, filed by trusts and charitable institutions, was notified on May 11.

Can Shreyas Pip Sai Sudharsan To MVP?

Can Shreyas Pip Sai Sudharsan To MVP?

Rediff.com3 Jun 2025

Srinivas Bhogle and Purnendu Maji check out who could be the Most Valuable Player of IPL 2025 before the final.

Equity MF inflows drop to 11-month low of 25,082 crore in March

Equity MF inflows drop to 11-month low of 25,082 crore in March

Rediff.com12 Apr 2025

Inflows into equity mutual fund (MF) schemes declined for the third month in a row in March even though the equity market recovered sharply. Equity MF schemes raked in a net Rs 25,082 crore in March, down 14 per cent from February.

Should You Invest In Defence Funds?

Should You Invest In Defence Funds?

Rediff.com21 May 2025

Only experienced investors with a high risk appetite, a grasp of market cycles, and comfort with volatility and timing risk should invest.

Modi's warning to Pakistan in Kanpuriya lingo draws cheers

Modi's warning to Pakistan in Kanpuriya lingo draws cheers

Rediff.com30 May 2025

Prime Minister Narendra Modi on Friday said the world has seen the power of India's indigenous weapons during Operation Sindoor, which is 'not over yet'.

Zomato's parent Eternal Q4 net profit falls 78% to Rs 39 cr

Zomato's parent Eternal Q4 net profit falls 78% to Rs 39 cr

Rediff.com2 May 2025

Eternal (formerly known as Zomato) reported a net profit of Rs 39 crore for the fourth quarter of FY25, down 77.7 per cent year-on-year from Rs 175 crore in the same period a year ago. On a sequential basis, profit was also down 33.8 per cent from Rs 59 crore in the preceding quarter (Q3FY25).

Michaung: Tamil Nadu seeks Rs 5,000 cr central aid

Michaung: Tamil Nadu seeks Rs 5,000 cr central aid

Rediff.com6 Dec 2023

Tamil Nadu has sought an interim relief of Rs 5,060 crore from the Centre in connection with the damage caused by Cyclone Michaung, the state government said on Wednesday.

Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

Rediff.com17 Apr 2024

Just ahead of its mega FPO opening to public investors, Vodafone Idea (VIL) has announced closure of its anchor book allocation, raising about Rs 5,400 crore from marquee global as well as domestic investors, according to a statutory filing by the telco. This could be the third-largest anchor book after One 97 Communications and Life Insurance Corporation (LIC). One 97 Communications and LIC had raised Rs 8,235 crore and Rs 5,627 crore in the anchor round, respectively.

Why brokerages are bullish on Hindalco

Why brokerages are bullish on Hindalco

Rediff.com29 May 2025

Hindalco's India business, including Utkal Alumina, reported good results for the January-March quarter of the financial year 2024-25 (FY25) and consolidated earnings before interest, taxes, depreciation, and amortisation (Ebitda) also rose. Earnings growth was driven by favourable pricing, lower input costs and lower tax outgo for Novelis.

Check Margins To Choose Right Tax Regime

Check Margins To Choose Right Tax Regime

Rediff.com29 May 2025

Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.

INCREASE Your Health Insurance NOW!

INCREASE Your Health Insurance NOW!

Rediff.com15 Apr 2025

'Go for a base cover of Rs 10 lakh and then buy a super top-up of Rs 90 lakh.'

As many as 458 infra projects hit by cost overrun of Rs 5.71 lakh cr in May

As many as 458 infra projects hit by cost overrun of Rs 5.71 lakh cr in May

Rediff.com23 Jun 2024

As many as 458 infrastructure projects, each entailing an investment of Rs 150 crore or above, were hit by a cost overrun of more than Rs 5.71 lakh crore in May this year, according to an official report. According to the Ministry of Statistics and Programme Implementation (MoSPI), which monitors infrastructure projects worth Rs 150 crore and above, out of 1,817 projects, 458 reported cost overruns and 831 projects were delayed.

HC rejects TMC MP's sealed cover apology in defamation case

HC rejects TMC MP's sealed cover apology in defamation case

Rediff.com15 May 2025

The Delhi high court has refused to accept the apology of TMC MP Saket Gokhale in a sealed cover over a plea of former diplomat Lakshmi Murdeshwar Puri and said he has "tarried and procrastinated" but not complied with its verdict.

Lasik Surgery Market Eyes 2X Growth In 5 Years

Lasik Surgery Market Eyes 2X Growth In 5 Years

Rediff.com20 May 2025

India currently performs around 6,00,000 to 7,00,000 laser-assisted in situ keratomileusis (Lasik) and refractive procedures a year, and the uptake is accelerating.

Young IPL stars set to light up T20 Mumbai League

Young IPL stars set to light up T20 Mumbai League

Rediff.com6 May 2025

Mhatre, Raghuvanshi, Kotian star attractions as 280 players go under the hammer

SC orders CBI probe on 'builders-banks nexus'

SC orders CBI probe on 'builders-banks nexus'

Rediff.com29 Apr 2025

Observing an "unholy nexus" between the banks and developers to dupe homebuyers, the Supreme Court on Tuesday directed the CBI to register seven preliminary enquiries against builders in NCR, including Supertech Limited.

Sikandar: Salman's Biggest Flop Since...

Sikandar: Salman's Biggest Flop Since...

Rediff.com7 Apr 2025

The film will fold this week itself, as Sunny Deol's Jaat releases on Thursday.

Why Flipkart Is Offering A Rs 50K Scholarship

Why Flipkart Is Offering A Rs 50K Scholarship

Rediff.com9 Apr 2025

Under this programme, first-year students enrolled in professional STEM (science, technology, engineering, maths) undergraduate programmes who are children of kirana store owners (KSOs) will receive a fixed scholarship of Rs 50,000 in the academic year 2025-26.

President nod for FIR against Sisodia, Jain in Rs 2,000-cr classroom scam

President nod for FIR against Sisodia, Jain in Rs 2,000-cr classroom scam

Rediff.com13 Mar 2025

President Droupadi Murmu has approved the registration of an FIR against AAP leaders Manish Sisodia and Satyendar Jain in an alleged scam of Rs 2,000 crore in the construction of classrooms in Delhi government schools. The alleged scam involves the construction of around 12,748 classrooms at an inflated cost, according to a report by the Anti-Corruption Bureau (ACB) of the Delhi government. The ACB report alleged that the classrooms were constructed at a rate of Rs 8,800 per square feet, whereas the average construction cost was around Rs 1,500 per square feet. The President's approval came under Section 17A of the Prevention of Corruption Act.

8 kids among 17 killed as fire engulfs Hyderabad building

8 kids among 17 killed as fire engulfs Hyderabad building

Rediff.com18 May 2025

A blaze triggered by a suspected short circuit in a building near the iconic Charminar here on Sunday left 17 people dead, with a majority of them being children.

'Bharat Serums and Vaccines portfolio can touch Rs 5K cr in 3-4 years'

'Bharat Serums and Vaccines portfolio can touch Rs 5K cr in 3-4 years'

Rediff.com9 Aug 2024

'Mankind's experience, sharpness, and execution will make it happen. We are not going for short-term gains.'