News for 'rs5'

HUL Q1 profit rises 6% to Rs 2,768 cr, sales up 5%

HUL Q1 profit rises 6% to Rs 2,768 cr, sales up 5%

Rediff.com31 Jul 2025

FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a 5.97 per cent rise in its consolidated net profit to Rs 2,768 crore for the June quarter of FY26, helped by gains from a re-estimation of taxes paid in the previous year. The company had logged a net profit of Rs 2,612 crore in the April-June quarter a year ago, according to a regulatory filing from HUL, the maker of popular brands as Dove, Lifebuoy, Lux, Lakm, and Sunsilk.

Space Economy Takes Off in Andhra Pradesh

Space Economy Takes Off in Andhra Pradesh

Rediff.com23 Jul 2025

Andhra Pradesh will establish two expansive integrated space cities in Lepakshi and Tirupati, spanning around 33,000 acres.

Weight-Loss Drug Battle Intensifies

Weight-Loss Drug Battle Intensifies

Rediff.com22 Jul 2025

'Willingness to try new drugs for obesity management have propelled the growth of this market, which today is almost five times what it was five years ago.'

Stock markets end lower amid Israel-Iran conflict, rising crude oil prices

Stock markets end lower amid Israel-Iran conflict, rising crude oil prices

Rediff.com17 Jun 2025

From the Sensex pack, Sun Pharma, Eternal, Tata Motors, Bajaj Finance, IndusInd Bank and Bajaj Finserv were among the major laggards. In contrast, Tech Mahindra, Infosys, Asian Paints and Maruti were among the gainers.

Why UP Expects 1.3 Billion Tourists This Year

Why UP Expects 1.3 Billion Tourists This Year

Rediff.com9 Jul 2025

This would be a 100 per cent jump over 2024, when the state had logged tourist inflow of 650 million

Baghel's son Chaitanya 'handled' Rs 1,000 cr in liquor scam: ED

Baghel's son Chaitanya 'handled' Rs 1,000 cr in liquor scam: ED

Rediff.com21 Jul 2025

The Enforcement Directorate (ED) has alleged that Chaitanya Baghel, son of former Chhattisgarh chief minister Bhupesh Baghel, handled over Rs 1,000 crore worth of proceeds from a liquor scam and used Rs 16.7 crore for his real estate project.

Why rich Indians are planning to move to Greece or Grenada

Why rich Indians are planning to move to Greece or Grenada

Rediff.com21 Jul 2025

Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.

Why rich Indians are planning to move to Greece or Grenada

Why rich Indians are planning to move to Greece or Grenada

Rediff.com21 Jul 2025

Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.

Fiscal deficit slips to 0.8% of full-year target at May-end 2025: CGA data

Fiscal deficit slips to 0.8% of full-year target at May-end 2025: CGA data

Rediff.com30 Jun 2025

The central government's fiscal deficit fell to 0.8 per cent of the full-year target at the end of May, mainly due to a whopping Rs 2.69 lakh crore dividend received from the Reserve Bank of India. The fiscal deficit, or gap between the government's expenditure and revenue, had touched 11.9 per cent of the Budget Estimates (BE) for 2025-26 or Rs 1.86 lakh crore in April.

Maa Gives Kajol Her First Solo Success!

Maa Gives Kajol Her First Solo Success!

Rediff.com30 Jun 2025

The Hollywood release F1: The Movie also took a good start at the box office, scoring a half century in its first weekend.

Multiple Bank FDs: More Harm Than Good

Multiple Bank FDs: More Harm Than Good

Rediff.com30 Jun 2025

So, the next time someone tempts you with a slightly higher FD rate from a lesser-known bank, point them to hybrid funds that can deliver extra returns without the administrative and emotional rollercoaster.

2025, 'Best Year Ever At India Box Office'

2025, 'Best Year Ever At India Box Office'

Rediff.com21 Jul 2025

With 17 films crossing the Rs 100 crore mark in the first six months, this year relied less on big-ticket blockbusters.

Net direct tax collection dips 1.39% to Rs 4.59 lakh cr in Apr-Jun

Net direct tax collection dips 1.39% to Rs 4.59 lakh cr in Apr-Jun

Rediff.com21 Jun 2025

Net direct tax collection so far this fiscal stood at Rs 4.59 lakh crore, 1.39 per cent lower compared to the mop-up during the corresponding period of last fiscal, as advance tax collections slowed, government data showed. Advance tax collection during April 1-June 19, 2025 grew a meagre 3.87 per cent to Rs 1.56 lakh crore.

For How Long Will Nitish Hold The Fort?

For How Long Will Nitish Hold The Fort?

Rediff.com1 Jul 2025

Now it's all jibes about his chameleon-like politics and fading grip on the administration. But there was a time Nitish had the BJP trembling in the state, points out Aditi Phadnis.

Akshay's Grand Gesture For Stuntmen

Akshay's Grand Gesture For Stuntmen

Rediff.com19 Jul 2025

Akshay Kumar has been personally funding medical insurance premiums worth Rs 6 crore to Rs 7 crore annually for over 650 stuntmen and their families for the past eight years.

Sensex pares gains; ends up 150 points

Sensex pares gains; ends up 150 points

Rediff.com24 Jun 2025

From the Sensex constituents, Adani Ports, Tata Steel, Kotak Mahindra Bank, UltraTech Cement, Bajaj Finserv and Titan were among the biggest gainers. In contrast, Power Grid, Trent, NTPC, Maruti, HCL Tech and Bharat Electronics were among the laggards.

Shouldn't be poor are growing, while wealth is centralised: Gadkari

Shouldn't be poor are growing, while wealth is centralised: Gadkari

Rediff.com7 Jul 2025

Union Minister Nitin Gadkari voiced concerns about increasing poverty and wealth concentration, advocating for wealth decentralization and job creation in rural areas. He also highlighted the need for balanced sectoral contributions to GDP and discussed infrastructure development initiatives.

CBI arrests ED official in Odisha on charges of bribery

CBI arrests ED official in Odisha on charges of bribery

Rediff.com30 May 2025

During negotiations, the officer allegedly agreed to reduce the amount to Rs 2 crore, with the condition that the first installment of Rs 50 lakh had to be paid to the middleman by Thursday evening, the complaint said.

Ola Electric to launch IPO on Aug 2 to raise Rs 5,500 cr

Ola Electric to launch IPO on Aug 2 to raise Rs 5,500 cr

Rediff.com28 Jul 2024

Electric two-wheeler company Ola Electric Mobility will float its initial public offering (IPO) on August 2, and a significant part of the proceeds will be used for capacity expansion of its cell manufacturing plant and revving up R&D. The initial share sale will conclude on August 6, and the bidding for anchor investors will open for a day on August 1, according to the red herring prospectus (RHP).

4 killed in Jharkhand coal mine collapse during illegal mining

4 killed in Jharkhand coal mine collapse during illegal mining

Rediff.com5 Jul 2025

Four people died and four others were injured after an abandoned coal mine collapsed during illegal mining in Jharkhand's Ramgarh district. The incident has sparked protests and demands for compensation from the Central Coalfields Ltd (CCL).

Only BJP truly respects Bengali ashmita: Modi in Durgapur

Only BJP truly respects Bengali ashmita: Modi in Durgapur

Rediff.com18 Jul 2025

Prime Minister Narendra Modi launched a scathing attack on the TMC, accusing them of prioritizing vote-bank politics over national security and Bengali identity by promoting infiltration. He also highlighted the BJP's vision for a developed and prosperous Bengal, promising a clean break from the past.

Rakesh Gangwal, family trust sell 5.7% stake in IndiGo for Rs 11,385 crore

Rakesh Gangwal, family trust sell 5.7% stake in IndiGo for Rs 11,385 crore

Rediff.com27 May 2025

InterGlobe Aviation promoter Rakesh Gangwal and his family trust on Tuesday sold a 5.7 per cent stake in the airline for about Rs 11,385 crore ($1.33 billion) through a block deal, according to sources. Apart from Gangwal, the Chinkerpoo Family Trust, whose trustees are Shobha Gangwal and JP Morgan Trust Company of Delaware, has also participated in the transaction for divesting its stake in IndiGo, the country's largest airline, the sources said.

Mcap of ten most valued firms jumps Rs 3.84 lakh cr

Mcap of ten most valued firms jumps Rs 3.84 lakh cr

Rediff.com20 Apr 2025

The combined market valuation of the top-ten most valued firms jumped by a whopping Rs 3,84,004.73 crore in the holiday-shortened last week, in-tandem with a smart rally in equities, with HDFC Bank and Bharti Airtel emerging as the biggest gainers. Last week, the BSE benchmark Sensex jumped 3,395.94 points or 4.51 per cent, and the NSE Nifty surged 1,023.1 points or 4.48 per cent.

Tata Sons, Singapore Airlines invest Rs 9,558 crore in Air India in 2024-25

Tata Sons, Singapore Airlines invest Rs 9,558 crore in Air India in 2024-25

Rediff.com25 Jun 2025

Tata Sons and Singapore Airlines invested Rs 9,558 crore in loss-making Air India in 2024-25, with the promoters pumping in Rs 4,306 crore alone in March this year.

Bihar govt increases old age, widow pension ahead of poll

Bihar govt increases old age, widow pension ahead of poll

Rediff.com21 Jun 2025

The beneficiaries will get increased pensions of Rs 1,100 from July.

Himachal monsoon fury: 52 killed, 58 disasters since June 20

Himachal monsoon fury: 52 killed, 58 disasters since June 20

Rediff.com7 Jul 2025

Himachal Pradesh has been severely affected by flash floods, cloudbursts, and landslides since the monsoon began. At least 52 people have died, and search operations are underway for those missing.

Sale of defective TV: Flipkart, Thomson found guilty of deficiency in service

Sale of defective TV: Flipkart, Thomson found guilty of deficiency in service

Rediff.com26 Jun 2025

Ruling that Flipkart cannot "escape liability" as "mere intermediary" in an online purchase, a consumer commission here has found the e-commerce platform and television manufacturing company Thomson guilty of deficiency in service after a defective TV was delivered to a customer.

SBI slams Anil Ambani. says RCom loan account is 'fraud'

SBI slams Anil Ambani. says RCom loan account is 'fraud'

Rediff.com2 Jul 2025

State Bank of India has decided to classify the loan account of beleaguered telecom firm Reliance Communications as "fraud" and to report the name of its erstwhile director -- Anil Ambani to the Reserve Bank of India (RBI), according to a regulatory filing. Reliance Communications in a regulatory filing said that it has received a letter dated June 23, 2025 from the State Bank of India (SBI) to this effect.

Equity mutual fund inflow rises 24% to Rs 23,587 cr in Jun

Equity mutual fund inflow rises 24% to Rs 23,587 cr in Jun

Rediff.com9 Jul 2025

The net inflow into equity mutual funds surged 24 per cent to Rs 23,587 crore in June, reversing the declining trend of the last five months, driven by strong equity market performance across segments, data released by the Association of Mutual Funds in India (AMFI) showed on Wednesday. Also, the latest fund infusion by investors marks the 52nd consecutive month of net inflows into the segment.

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.

ATF price hiked by steep 7.5%, commercial LPG rate cut by Rs 58.5

ATF price hiked by steep 7.5%, commercial LPG rate cut by Rs 58.5

Rediff.com1 Jul 2025

The price of jet fuel (ATF) was sharply increased by 7.5 per cent on Tuesday, while the cost of LPG used in commercial establishments was reduced by Rs 58.50 per cylinder, reflecting shifts in international benchmark rates. After three rounds of price cuts, aviation turbine fuel (ATF) price was increased by Rs 6,271.5 per kilolitre, or 7.5 per cent, to Rs 89,344.05 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers.

Telangana CM slams Sigachi, announces Rs 1 cr ex gratia

Telangana CM slams Sigachi, announces Rs 1 cr ex gratia

Rediff.com1 Jul 2025

The Telangana government on Tuesday gave a dressing down to the management of Sigachi Industries Ltd for its absence following a factory blast that claimed 36 lives in Sangareddy district.

Navy HQ staffer held for leaking Op Sindoor details with Pak handler

Navy HQ staffer held for leaking Op Sindoor details with Pak handler

Rediff.com26 Jun 2025

Vishal Yadav, an Upper Division Clerk (UDC) in the Directorate of Dockyard at the Navy building, allegedly also shared details on Operation Sindoor -- strikes carried out by the Indian Armed Forces in Pakistan and Pakistan-occupied Kashmir in response to the Pahalgam terror attack.

Coming Soon: IPOs Worth Rs 1.02 Trillion

Coming Soon: IPOs Worth Rs 1.02 Trillion

Rediff.com2 Jun 2025

Over 60 companies are ready to launch IPOs in the coming months.

At 12, Zakir Hussain got Rs 5 for first tabla show

At 12, Zakir Hussain got Rs 5 for first tabla show

Rediff.com16 Dec 2024

Eight years ago, tabla maestro Zakir Hussain had narrated how his father Alla Rakha had welcomed him into this world by putting the musical instrument's rhythms into his ears when asked to recite prayers.

SC asks Centre to vacate ex-CJI Chandrachud's residence

SC asks Centre to vacate ex-CJI Chandrachud's residence

Rediff.com6 Jul 2025

In an unprecedented move, the Supreme Court administration has written to the Centre for vacating the official residence of the Chief Justice of India at Krishna Menon Marg in New Delhi, noting that the current occupant ex-CJI D Y Chandrachud has stayed beyond the permissible period.

How to Make Your First Crore

How to Make Your First Crore

Rediff.com13 May 2025

People with modest incomes can also build a crore-worthy portfolio by investing small amounts consistently, says Ramalingam Kalirajan, and shows how the magic of compounding works.

'At 70, I'm Excited To Kick Off My 3rd Innings'

'At 70, I'm Excited To Kick Off My 3rd Innings'

Rediff.com31 Jul 2025

'Even if I had the backing of a big corporate house, which I don't, in today's market, I wouldn't want the responsibility of making a Rs 300 crore-Rs 400 crore film.'

Maoist commander carrying Rs 15 lakh bounty killed in Jharkhand

Maoist commander carrying Rs 15 lakh bounty killed in Jharkhand

Rediff.com27 May 2025

A commander of the banned CPI (Maoist) was killed in a gunfight with security forces in Jharkhand's Palamu district. Another red rebel, carrying a bounty of Rs 15 lakh, was injured in the encounter. Several weapons, including a self-loading rifle, were recovered during the search operation following the gunfight.

Sensex surges over 769 pts as FMCG, power shares gain

Sensex surges over 769 pts as FMCG, power shares gain

Rediff.com23 May 2025

From the Sensex firms, Eternal, Power Grid, ITC, Bajaj Finserv, Nestle, Axis Bank, Kotak Mahindra Bank and Adani Ports were among the biggest gainers. Sun Pharma was the only laggard, declining nearly 2 per cent.