Search results for ' Cred'

Can India become a global innovation hub?

Can India become a global innovation hub?

Rediff.com4 Jan 2025

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has entered into a partnership with the Startup Policy Forum (SPF), a premier industry organisation representing India's leading new-age companies.

The Legend That Was Pritish Nandy

The Legend That Was Pritish Nandy

Rediff.com6 days ago

He was colourful. He was dramatic. He was The Master of His Craft. There never will be an editor as versatile as Pritish Nandy, notes Nikhil Lakshman.

NBFCs throng bond mkt to fund festival credit demand

NBFCs throng bond mkt to fund festival credit demand

Rediff.com18 Sep 2024

A number of non-banking financial companies (NBFCs) have tapped into the debt capital market ahead of the festival season to meet increasing credit demand as bank funding slows. On Tuesday, Aptus Value Housing Finance secured Rs 300 crore at an interest rate of 8.75 per cent through bonds maturing in five years. ICICI Home Finance Company turned to the market to raise Rs 275 crore at 7.94 per cent, alongside another Rs 300 crore at 7.95 per cent, through bonds maturing in five and three years, respectively.

CRED's Kunal Shah Is Top Startup Founder-Investor

CRED's Kunal Shah Is Top Startup Founder-Investor

Rediff.com3 Jul 2024

Kunal Shah has funded over 266 startups including Razorpay, Snapdeal, Zetwork, BlueSmart, Unacademy, Bliss Club, and Spinny, amongst others.

Considering An Education Loan? Read This

Considering An Education Loan? Read This

Rediff.com10 Sep 2024

'With tuition fees for international students rising, education loans have become critical for bridging the gap between savings, scholarship, and full cost.'

After monsoon lull, price pressure, are cement stocks worth buying?

After monsoon lull, price pressure, are cement stocks worth buying?

Rediff.com26 Aug 2024

The Indian cement industry is hopeful of greener pastures after a long period of stress led by pricing pressures and other factors. The second half of FY25 is expected to bring respite due to price hikes, cost benefits and higher volumes, said analysts. The optimistic momentum also makes cement stocks attractive, analysts added, advising to buy dips following a period of bearish sentiment in these stocks.

Major credit card issuers go live on Bharat Bill Payment Systems platform

Major credit card issuers go live on Bharat Bill Payment Systems platform

Rediff.com15 Jul 2024

Major credit issuers, including the largest - HDFC Bank - have integrated their systems with the Bharat Bill Payment Systems (BBPS) for receiving credit card repayments via third-party applications.

Capital goods cos may see rise in profit, dip in orders

Capital goods cos may see rise in profit, dip in orders

Rediff.com15 Jul 2024

Fresh order wins for capital goods and industrial companies may have seen a major slump due to Lok Sabha polls in the first quarter of the current financial year (Q1FY25). At the same time, revenue and profit growth trajectory is expected to have stayed the course, according to brokerage firms. Elara Capital, Motilal Oswal, and InCred Equities expect this sector universe to report a 12- 21 per cent growth in revenue, 21 -36 per cent growth in Ebitda and 24-38 per cent growth in profit on a year-on-year (Y-oY) basis.

Spend Wisely On A Credit Card!

Spend Wisely On A Credit Card!

Rediff.com10 Jul 2024

'Lack of self-control over spending leads to a credit card debt trap.' 'People think they have money and spend using a credit card, but when it's time to pay, they realise they don't have the money.'

Credit Card Payments Will Be Blocked On Apps

Credit Card Payments Will Be Blocked On Apps

Rediff.com1 Jul 2024

Some of the fintechs that will get impacted include Cred, Paytm, Phonepe and Amazon Pay, among others.

ER&D sails get trimmed amid FY25 outlook fog

ER&D sails get trimmed amid FY25 outlook fog

Rediff.com21 May 2024

Indian engineering research and development (ER&D) players, such as Tata Technologies, Tata Elxsi, and Cyient, among others, had a subdued January-March quarter of 2023-24. The outlook for 2024-25 (FY25) also remains unexciting amid weak discretionary spending, prompting analysts to revise their growth expectations for the ongoing financial year (FY25).

Should You Invest In Credit Risk Fund?

Should You Invest In Credit Risk Fund?

Rediff.com8 May 2024

Only investors with a higher risk appetite should enter these funds.

'I Had Never Asked For Votes Before'

'I Had Never Asked For Votes Before'

Rediff.com10 May 2024

BJP candidate Rajeev Chandrasekhar's wife and son who keep themselves far from the political limelight reveal what it is like to campaign for the first time.

Future of digital payments in India

Future of digital payments in India

Rediff.com20 Mar 2024

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'

Should You Deposit Money In FD?

Should You Deposit Money In FD?

Rediff.com18 Jan 2024

Longer-tenure FDs generally give higher returns. Nonetheless, going for a tenure higher than two to three years is not advisable.

Are TMFs A Good Investment Option?

Are TMFs A Good Investment Option?

Rediff.com26 Dec 2023

'TMFs trump FMPs and FDs when it comes to investing in a high-duration product.'

Reconsider Your Investment Strategy

Reconsider Your Investment Strategy

Rediff.com3 Jan 2024

One common mistake investors commit during profit booking is not having a plan for the redeployment of the money that comes into their account.

'Very healthy and fertile market for long-term investors'

'Very healthy and fertile market for long-term investors'

Rediff.com8 Jun 2023

'Investors should look to incrementally allocate towards equity from a medium-to-long term horizon.'

Why Foreign VCs Have Shut Their Taps

Why Foreign VCs Have Shut Their Taps

Rediff.com6 Jun 2023

Foreign investment in India's start-ups has plummeted 72 per cent to $4.58 billion so far, from $16.2 billion during the same period last year.

Has interest in the IPL dwindled?

Has interest in the IPL dwindled?

Rediff.com10 Apr 2023

Although IPL 2023 had a drop in advertisers during opening match, TV and digital viewership has seen an increase by 29 percent.

Shoppers need not stop: Dynamics of in-store payments is being rewritten

Shoppers need not stop: Dynamics of in-store payments is being rewritten

Rediff.com12 Jun 2023

In March this year, Worldline India launched Vabox (Voice Alert Box): merchants will now get instant audio alerts on the settlement of UPI (Unified Payments Interface) payments via QR codes in languages of their choice when customers check out. "They needn't worry whether the amount has been credited to their account," says Gulshan Pruthi, the firm's executive vice-president. The French payments giant will roll out 500,000 Vaboxes in the initial phase.

A new fintech world is upon us amid funding drought, lower valuations

A new fintech world is upon us amid funding drought, lower valuations

Rediff.com29 May 2023

In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.

Check NCD's Credit Rating Before Investing

Check NCD's Credit Rating Before Investing

Rediff.com1 Feb 2023

An NCD's credit rating will tell you whether risk possibility is high or low. Instruments rated below AA are regarded as high-risk.

What's Dravid Doing in Dhawan's Video?

What's Dravid Doing in Dhawan's Video?

Rediff.com20 Jul 2022

'Only Shikhar can pull these stunts.'

Tech startups raise $6 bn in April-June, fintech leads the pack

Tech startups raise $6 bn in April-June, fintech leads the pack

Rediff.com16 Jul 2022

Two sectors, fintech and media & entertainment, attracted 45 per cent of total funding by value, led by large ticket deals such as CRED and Dailyhunt.

Long Term Investor? Small-Cap Funds Best Bet

Long Term Investor? Small-Cap Funds Best Bet

Rediff.com14 Sep 2022

Over longer periods of three, five and 10 years, small-cap funds have rewarded their investors handsomely.

Tiger Global and SoftBank trim investments in India by over a third in 2022

Tiger Global and SoftBank trim investments in India by over a third in 2022

Rediff.com2 Aug 2022

US hedge fund Tiger Global and Japanese investment giant SoftBank have trimmed their investments in Indian start-ups by over a third - from $3.8 billion in the second half of 2021 to a mere $1.08 billion in H1 2022, according to data from Venture Intelligence. While SoftBank's investments in India dropped from $1.9 billion in H2 2021 by more than a fifth to only $0.33 billion in H1 2022, that of Tiger Global fell from $1.92 to $0.74 billion in the same period. Private equity (PE) fund trackers point out that this year most of the deals that Tiger Global has invested in are in the early stage (up to series D), and only a few are in the series E and above.

Rising Interest Rates: What Scheme To Invest?

Rising Interest Rates: What Scheme To Invest?

Rediff.com2 Aug 2022

Investors need to evaluate how they stack up against other high credit quality fixed-income options before putting money in them.

Short-Term FDs Best Bet In Rising-Rate Scenario

Short-Term FDs Best Bet In Rising-Rate Scenario

Rediff.com2 Jun 2022

'FDs should hold your emergency funds, equivalent to around 6-12 times your monthly expenses.'

Secret Of Long Marriages: Appetite For Forgiveness

Secret Of Long Marriages: Appetite For Forgiveness

Rediff.com1 Jun 2022

'In a marriage, you must wipe the self-helpy, holier-than-thou grime off your forgiveness to see what it truly is.'

Indian startups raised $42 billion in 2021

Indian startups raised $42 billion in 2021

Rediff.com13 Jan 2022

Indian startups have raised $42 billion in 2021, up from $11.5 billion in the previous year, a report by Orios Venture Partners said. The report titled 'The Indian Tech Unicorn Report 2021' said India saw 46 unicorns (companies with $1 billion valuations) in 2021 alone, more than doubling the total number of unicorns to 90. These include ShareChat, Cred, Meesho, Nazara, Moglix, MPL, Grofers (now Blinkit), upGrad, Mamaearth, GlobalBees, Acko, Spinny and others. India - with 90 unicorns - is the third-largest unicorn hub behind the US (487) and China (301), and ahead of the UK (39).

Planning to Invest in Bonds?

Planning to Invest in Bonds?

Rediff.com25 Feb 2022

If you are buying a bond to cater to your regular income needs, check the interest distribution schedule.

Why unicorns are investing in startups

Why unicorns are investing in startups

Rediff.com7 Jan 2022

Byju's, Flipkart, PharmEasy and CRED, among others, have taken the acquisition route to grow

Fintech unicorn Razorpay's value jumps to $7.5 bn; up 7.5x in 15 months

Fintech unicorn Razorpay's value jumps to $7.5 bn; up 7.5x in 15 months

Rediff.com20 Dec 2021

Fintech unicorn Razorpay has raised $375 million in the Series F round of funding at a $7.5-billion valuation, making it India's second-most valuable start-up in this space, after Paytm. The company valuation has surged over seven times in 15 months, helping it push Walmart-owned digital payments firm PhonePe to the third spot on the country's most-valuable fintech list. Razorpay's latest round of fundraising was led by Lone Pine Capital, Alkeon Capital, and TCV.

Audi Q5 is a 'luxury crossover'

Audi Q5 is a 'luxury crossover'

Rediff.com15 Nov 2021

While the Q5 is a light driving car that feels like you can easily fling it over and around brooks and brushes and hills and plains, it's also versatile in that its rear seat is as comfy and spacious as you'd expect, says Pavan Lall.

How to Prevent Auto-Debit Failure

How to Prevent Auto-Debit Failure

Rediff.com14 Oct 2021

If bank and service provider are not compliant, pay manually, or give standing instruction linked to bank a/c, suggests Bindisha Sarang.

'For digital lending, trust is important'

'For digital lending, trust is important'

Rediff.com19 Nov 2021

'The digital trust level has drastically gone up due to Covid, not only in tier-I and II cities, but also in tier-III, IV and V geographies,'

Indian startups raised $6.5 bn in Q1 2021, 11 new unicorns created: Report

Indian startups raised $6.5 bn in Q1 2021, 11 new unicorns created: Report

Rediff.com22 Aug 2021

Indian startups received about $6.5 billion in funding in the April-June 2021 quarter, while 11 of them entered the coveted unicorn club, a report by Nasscom-PGA Labs said. During the second quarter, 160 funding deals were closed -- up 2 per cent from the January-March period. "Q2 2021 has been impeccable for the start-up growth story. From being the most funded quarter, it has also added the most number of unicorns. "Standing tall during the pandemic second wave headwinds, Indian start-up ecosystem has shown a strong resilience in this quarter," the report said.

'What's not to like about a smile?'

'What's not to like about a smile?'

Rediff.com6 May 2022

'A smile reflects your gratitude for life, your celebration of it.'

Have you ever seen Rahul Dravid so angry?

Have you ever seen Rahul Dravid so angry?

Rediff.com9 Apr 2021

Rahul Dravid showed off his never-seen-before angry side in the new advertisement that has left everyone in splits.

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