News for 'solicitation'

Better demand trends upgrade Indian Hotels to prfit suite

Better demand trends upgrade Indian Hotels to prfit suite

Rediff.com18 Nov 2024

After a quiet April-June quarter in 2024-25 (FY25), the operational and financial performance of India's largest listed hotel company, Indian Hotels Company, clearly rebounded in the July-September quarter (Q2) of FY25. With double-digit growth in the average room rate (ARR) and higher occupancy, the Taj Hotels chain owner reported a 16 per cent revenue increase and a 30 per cent rise in operating profit.

Vedanta slumps from Sept 30 peak: Is it a good entry point?

Vedanta slumps from Sept 30 peak: Is it a good entry point?

Rediff.com22 Nov 2024

After climbing to a record high of Rs 523 on September 30, shares of commodity major Vedanta have come off over 15 per cent amid a fall in the overall markets. The Anil Agarwal-led firm's latest slump comes after its stock price doubled over the past one year. Is it a blip or a trend reversal?

Should You Go For Health Super Topup?

Should You Go For Health Super Topup?

Rediff.com22 Nov 2024

Ensure the sum insured for the super topup is enough to cover even worst-case scenarios.

'Quality Stocks Survive, Thrive In Downturns'

'Quality Stocks Survive, Thrive In Downturns'

Rediff.com12 Dec 2024

'To be able to sail through such volatilities, it is prudent to focus on quality.'

Why Choose Fixed-Fee RIAs

Why Choose Fixed-Fee RIAs

Rediff.com27 Nov 2024

One reason the fee can't be lower than 3 per cent is that it is difficult for an RIA to do a good job and remain viable even at 3 per cent.

New initiatives, margin gain hopes positives for Delhivery

New initiatives, margin gain hopes positives for Delhivery

Rediff.com27 Nov 2024

Logistics major Delhivery has had promising Q2FY25 results. The Q2FY25 consolidated revenue was Rs 2,190 crore (up 0.8 per cent quarter-on-quarter or Q-o-Q and 12.8 per cent year-on-year or Y-o-Y). Express parcel revenue was Rs 1,300 crore, (up 1.7 per cent Q-o-Q/7.3 per cent Y-o-Y) alongside better yield (+5 per cent Y-o-Y) in the segment.

It's December. How's Your Portfolio Doing?

It's December. How's Your Portfolio Doing?

Rediff.com12 Dec 2024

'Asset allocation should change only if your goals, life situation, or risk profile have changed.'

O2C biz may drag RIL to another weak quarter

O2C biz may drag RIL to another weak quarter

Rediff.com9 Oct 2024

For Reliance Industries Ltd (RIL), the September 2024 quarter (Q2FY25) may turn out to be yet another weak one as refining margins drag, say analysts. Two brokerage firms - ICICI Securities and Nuvama - expect a 1-13 per cent dip in reported profits in Q2FY25 from a year ago. Kotak Institutional expects a modest 2.2 per cent rise. Revenue, at best based on available analyst estimates, could rise up to 4 per cent.

Bank Account Dormant? You Can Still Get Your Money

Bank Account Dormant? You Can Still Get Your Money

Rediff.com11 Dec 2024

Ramalingam Kalirajan offers some easy steps to reactivate your accounts with banks like SBI, HDFC Bank, IDFC First Bank and PNB just so that you can start availing all the benefits linked to your account.

Supreme Industries stock sinks on weak Q2 show

Supreme Industries stock sinks on weak Q2 show

Rediff.com12 Nov 2024

The stock of the country's largest plastic pipe maker Supreme Industries has shed 22 per cent since its highs in October. The September quarter results were below expectations as the volatility in polyvinyl chloride (PVC) resin prices led to a major destocking across the trade channel.

Strong Q2 performance, growth outlook drive gains for Info Edge stock

Strong Q2 performance, growth outlook drive gains for Info Edge stock

Rediff.com30 Nov 2024

The stock of online classified major Info Edge (India) was up over 6 per cent on Friday on expectations of demand improvement for Indian IT companies. Strong revenue growth prospects for each of its online verticals - including recruitment, matrimony, real estate, education, and upside from its holdings in companies such as Zomato - had prompted Goldman Sachs to upgrade the stock. Info Edge's standalone revenue grew 10.6 per cent year on year (Y-o-Y) in Q2FY25, beating consensus. 99acres (+16.9 per cent Y-o-Y) and Jeevansathi (+33 per cent Y-o-Y) were drivers of growth while recruitment grew 8.5 per cent Y-o-Y.

Should You Consider Liquid Funds?

Should You Consider Liquid Funds?

Rediff.com18 Nov 2024

Returns of liquid funds are meant only for the short term and don't help investors create wealth over the long term, as equity funds do.

Godrej Properties to gain from strong land portfolio, demand outlook

Godrej Properties to gain from strong land portfolio, demand outlook

Rediff.com3 Dec 2024

Expansion of its development portfolio, brokerage upgrades, and strong outlook have led to a 15 per cent gain for the stock of real estate major Godrej Properties (GPL) in six trading sessions. The company recently acquired a 53-acre land parcel in Joka, Kolkata with an estimated development potential of 1.3 million square feet of saleable area with an estimated revenue potential of Rs 500 crore.

Deferred tax drags down Honda FY24 profit by 53%

Deferred tax drags down Honda FY24 profit by 53%

Rediff.com31 Oct 2024

Honda Cars India (HCIL) net profit dropped by 52.8 per cent year-on-year (Y-o-Y) to Rs 661.4 crore in 2023-24 (FY24), primarily due to deferred tax of Rs 359.8 crore, according to the annual results submitted to the Registrar of Companies (RoC) and reviewed by Business Standard. In FY24, the company's production increased by 16 per cent Y-o-Y to 134,807 units.

'How To Check EPF Balance, Interest?'

'How To Check EPF Balance, Interest?'

Rediff.com2 Dec 2024

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

Why You Need A Child Insurance Plan

Why You Need A Child Insurance Plan

Rediff.com14 Nov 2024

'They take care of the problem: How can I ensure my child's education and other goals are not compromised, even if I am not around?'

Should You Invest In Arbitrage Funds?

Should You Invest In Arbitrage Funds?

Rediff.com13 Nov 2024

'Arbitrage funds make the most sense for those in the 30 per cent tax bracket, are viable for those in the 20 per cent bracket, but less so for those in the 10 per cent bracket.'

'Are ULIP Returns Taxable?'

'Are ULIP Returns Taxable?'

Rediff.com25 Nov 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

2024: The Year Of Shift In Politics

2024: The Year Of Shift In Politics

Rediff.com31 Dec 2024

Much drama is likely to continue in the coming year, within the Sangh Parivar as well as involving the Opposition parties and, of course the BJP's allies, predicts Modi biographer Nilanjan Mukhopadhyay.

Should You Avoid High-Cost Funds?

Should You Avoid High-Cost Funds?

Rediff.com12 Nov 2024

Investors should match their investment horizon with the fund's portfolio duration.

How To Select The Right MAAF

How To Select The Right MAAF

Rediff.com12 Nov 2024

If you already hold significant amounts of equity in your portfolio, avoid MAAFs with over 60 per cent equity. But if you lack equity exposure, an aggressive MAAF may be appropriate.

Voltas' margins need to match growth trajectory for further gains

Voltas' margins need to match growth trajectory for further gains

Rediff.com28 Nov 2024

After a strong show during the September quarter (Q2FY25) and favourable demand conditions, going ahead, the country's largest player in the room air conditioner segment, Voltas is well placed to improve its market share. Expectations of record volumes in FY25 for the sector and the company's strategy of prioritising market share over margins could help the leader expand share in the room AC segment.

High-growth segments, Tier-II, -III cities to drive long-term gains for ABB

High-growth segments, Tier-II, -III cities to drive long-term gains for ABB

Rediff.com16 Nov 2024

ABB reported a weak quarter. Revenue was at Rs 2,910 crore, up only 5 per cent year-on-year (Y-o-Y), with operating profit at Rs 540 crore, up 23 per cent and net profit at Rs 440 crore.

Execution key for further gains in Tata Power after Q2

Execution key for further gains in Tata Power after Q2

Rediff.com9 Nov 2024

Tata Power's Q2FY25 reported results were above consensus despite challenges like low plant availability at Mundra and Odisha discom operations affected by rain. A positive development for the power major included module manufacturing hitting nearly 100 per cent capacity utilisation. The Board has approved an investment proposal for a 1GW pumped storage project (PSP).

Know How To Plan Your Taxes

Know How To Plan Your Taxes

Rediff.com5 Dec 2024

'If you invest in a rush at the last moment, you could compromise on selecting the best tax-saving options.'

How To Invest In US Funds

How To Invest In US Funds

Rediff.com8 Nov 2024

'Investors with foreign currency-denominated goals, such as foreign education or foreign travel, should go for US equity funds.'

Healthy growth outlook, market share gains positive for Marico

Healthy growth outlook, market share gains positive for Marico

Rediff.com8 Nov 2024

Marico may buck the industry trend with the fast-moving consumer goods (FMCG) major reporting strong growth and favourable commentary in a weak quarter for the industry. The company reported consolidated revenue growth of 8 per cent year-on-year (Y-o-Y) in Q2FY25. Domestic revenue growth was 8 per cent Y-o-Y with 5 per cent volume growth (4 per cent in Q1FY25).

What are Dynamic Bond Funds?

What are Dynamic Bond Funds?

Rediff.com7 Nov 2024

'A dynamic bond fund acts like a gilt fund in a rate cut scenario and like a conservative short-term bond fund when rates rise.'

Want To Invest In Pharma & Healthcare?

Want To Invest In Pharma & Healthcare?

Rediff.com5 Nov 2024

'A long-term investor with a 4 to 5 year horizon could invest in this theme via SIPs.'

What Are MNC Funds?

What Are MNC Funds?

Rediff.com28 Oct 2024

MNC funds invest in companies where foreign promoters have more than 50 per cent shareholding.

What Are Passive Value Funds?

What Are Passive Value Funds?

Rediff.com28 Oct 2024

'Value index funds are most appropriate for long-term investors who can withstand deeper drawdowns.'

How To AVOID LOSSES When Markets Crash

How To AVOID LOSSES When Markets Crash

Rediff.com26 Nov 2024

In a falling market, the value of your investment keeps going down. However, the reduction in value is purely a notional loss if you remain invested. When you redeem in a falling market, the notional loss becomes a permanent loss, explains Anamika Pareek.

Buying Property? Read This

Buying Property? Read This

Rediff.com4 Nov 2024

'Assess the property in terms of type, size, location and price point, and whether it fits into your budget.' 'If it checks out on these fronts, one may consider the accompanying offers.'

2025: Top 10 Stocks To Watch Out

2025: Top 10 Stocks To Watch Out

Rediff.com2 Jan 2025

These 10 stocks represent the best mix of value and growth, offering relatively low price-to-earnings and price-to-book ratios, a high return on equity, and sufficiently high potential from current levels.

Bitcoin Rallies: Time To Book Profits?

Bitcoin Rallies: Time To Book Profits?

Rediff.com15 Nov 2024

Only investors with knowledge of cryptocurrencies, long-term conviction, and a long horizon should invest in this asset class.

Strong India biz growth to drive gains for Godrej Consumer

Strong India biz growth to drive gains for Godrej Consumer

Rediff.com2 Nov 2024

Godrej Consumer Products Ltd (GCPL) reported a 2 per cent year-on-year (Y-o-Y) increase in consolidated revenue to Rs 3,670 crore. Organic revenue growth in constant currency was up 14 per cent Y-o-Y. Consolidated operating profit was up 5 per cent to Rs 760 crore, profit before tax grew 10 per cent Y-o-Y to Rs 710 crore, and adjusted net profit grew 12 per cent Y-o-Y to Rs 490 crore.

How To Earn Money Post-Retirement...

How To Earn Money Post-Retirement...

Rediff.com31 Dec 2024

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Upper-teens EPS growth likely for Gland Pharma in next two financial yrs

Upper-teens EPS growth likely for Gland Pharma in next two financial yrs

Rediff.com13 Nov 2024

Gland Pharma beat muted expectations for Q2FY25. There was increased Ebitda (Earnings before interest, taxes, depreciation and amortisation) loss at Cenexi, the CRAM subsidiary. However, overall Ebitda margin was better than expectations at 21.1 per cent. But given two years of earnings decline in FY23 and FY24, the business may have bottomed and upper-teens EPS (earnings per share) growth looks possible over next two financial years.

'How To Repay Rs 30 Lakh Gold Loan?'

'How To Repay Rs 30 Lakh Gold Loan?'

Rediff.com10 Dec 2024

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

Asset quality risk, a worry for IndusInd

Asset quality risk, a worry for IndusInd

Rediff.com6 Nov 2024

A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank's share price on Friday (October 25). Contingency provisions are generally made when a lender expects more bad loans in the coming quarters. Shares of the bank on Tuesday (October 29) declined 1.53 per cent to settle at Rs 1,038.2 apiece on the BSE.