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Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Rediff.com2 days ago

Bharti Airtel on Monday reported a 168 per cent year-on-year rise in consolidated net profit to Rs 3,593 crore for the September quarter, and the company unveiled top-level changes, including Gopal Vittal moving into the role of executive vice chairman on January 1, 2026. India's second-largest telco - that competes with Reliance Jio and Vodafone Idea in the Indian telecom market - clocked quarterly revenues of Rs 41,473 crore, 12 per cent higher than the year-ago period, aided by strong momentum in India and growth in Africa.

Nifty 50 Can Fall Another 1,000 Points

Nifty 50 Can Fall Another 1,000 Points

Rediff.com6 days ago

If the index is unable to sustain above 24,500 levels, technically it can then slip to its 200-DMA placed at 23,365 levels.

Want To Invest In Corporate Bond Funds?

Want To Invest In Corporate Bond Funds?

Rediff.com7 days ago

'When interest rates rise, the NAVs of these funds will fall.' However, they won't fall as much as longer-duration funds.

The Big Change At Karan Johar's Dharma

The Big Change At Karan Johar's Dharma

Rediff.com22 Oct 2024

Industry experts believe that this deal will positively impact the Indian film industry, which is struggling with fewer movie releases.

The Man Who Saw Tomorrow

The Man Who Saw Tomorrow

Rediff.com21 Oct 2024

Here stood a man who embodied the legacy of whatever Brand Tata stood for, embellished it, and departed into the long night, leaving the brand legacy for others to further enrich, notes R Gopalakrishnan.

Why Maha politicians are courting Jarange ahead of polls

Why Maha politicians are courting Jarange ahead of polls

Rediff.com16 Oct 2024

The poll aspirants who feel threatened are seeking to garner sympathy from their voters by meeting influential leaders like Jarange in the Marathwada region

Ratan Tata's Biggest Contribution To Management Theory

Ratan Tata's Biggest Contribution To Management Theory

Rediff.com15 Oct 2024

'It is notable how humble he was and didn't want anything different just because he was a Tata.'

E-commerce Creating Jobs For Women

E-commerce Creating Jobs For Women

Rediff.com14 Oct 2024

'Women are taking on key roles in warehouses, such as picking and packing, as well as in our last-mile operations across India.'

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com12 Oct 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

Buying Ford JLR was Tata's way of 'paying back'

Buying Ford JLR was Tata's way of 'paying back'

Rediff.com10 Oct 2024

Tata Indica, the Tata Group's big passenger car bet, was not delivering expected returns a year into its launch. Desperate, the Tata Motors brass, led by Ratan Tata, acceded to a meeting request from Ford Motors for a possible sale of the passenger vehicles division to the American auto major. Some people had advised Tata to sell the business, and the Ford officials came to Bombay House to hold talks.

'Had liberalisation not taken place, I may have gone back to the US'

'Had liberalisation not taken place, I may have gone back to the US'

Rediff.com10 Oct 2024

An exclusive excerpt from The Tatas: How A Family Built A Business And A Nation.

Will Anna's Death Be A Wake-Up Call For India Inc?

Will Anna's Death Be A Wake-Up Call For India Inc?

Rediff.com8 Oct 2024

'In India, managers and the leadership almost glorify overworking.'

Marriott to set up GCC in Hyderabad, 1st in hospitality

Marriott to set up GCC in Hyderabad, 1st in hospitality

Rediff.com4 Oct 2024

Marriott International will set up a global capability center (GCC) in Hyderabad, which will be its first such offshore unit in India and will help support Marriott's various operations across its global enterprise in 141 countries and territories. Marriott Tech Accelerator is also -- in all likelihood -- the first ever GCC from a hospitality major being set-up in India. While the company did not give details of the size of the center, senior state government officials said that the company will hire 300 people by the first quarter of the calendar year 2025.

The Great Indian Wedding Season

The Great Indian Wedding Season

Rediff.com4 Oct 2024

With November 22, 23 and 24 being among the most auspicious dates for marriage this year, hotels across the country are all booked, as are wedding-related ancillary services.

Govt appoints three new external RBI MPC members

Govt appoints three new external RBI MPC members

Rediff.com1 Oct 2024

The government on Tuesday appointed three external members -- Ram Singh, Saugata Bhattacharya and Nagesh Kumar -- to the RBI's rate-setting Monetary Policy Committee for four years. The central government has reconstituted the Monetary Policy Committee (MPC) of RBI, the finance ministry said in a statement. Ram Singh is the director of the Delhi School of Economics, Saugata Bhattacharya is an economist, and Nagesh Kumar is the director and Chief Executive, Institute for Studies in Industrial Development, New Delhi.

10 Skills You Need For A Career In AI

10 Skills You Need For A Career In AI

Rediff.com1 Oct 2024

Jobs requiring AI skills carry a significant wage premium, with some roles offering up to a 25 per cent increase in wages, notes Manoj Nagpal, vice president, professional services, OpenText, an information management company.

MF Investor Base To Touch 50 Million

MF Investor Base To Touch 50 Million

Rediff.com24 Sep 2024

The number of active SIP accounts is nearing the 100 million milestone.

Why Are Samsung Workers On Strike?

Why Are Samsung Workers On Strike?

Rediff.com21 Sep 2024

According to CITU, around 90% of the 1,723 workers of the Sriperumbudur plant are participating in the strike. Samsung said it is ready to talk to employees and not a third party like CITU.

Nibe shoots for the stars with satellite constellation

Nibe shoots for the stars with satellite constellation

Rediff.com19 Sep 2024

Nibe Space (NSPL), a subsidiary of Nibe, announced its vision to establish India's first multi-sensor, all-weather, high-revisit Earth observation satellite constellation. Aiming to strengthen India's self-reliance in the strategically crucial defence-space sector, NSPL signed memoranda of agreement with Indian and global partners, including Larsen & Toubro, Centum, AgniKul, Skyroot Aerospace, SpaceFields, SISIR Radar, CYRAN AI Solutions, and Thales Alenia Space as a technology partner.

June-Aug 2024 was India's 2nd-hottest quarter since 1970: Report

June-Aug 2024 was India's 2nd-hottest quarter since 1970: Report

Rediff.com18 Sep 2024

India experienced its second-hottest quarter from June to August this year since 1970, with over one-third of the country's population enduring at least seven days of dangerous heat, according to a new report by a United States-based group of climate scientists and communicators.

Amazon India creates 110K seasonal jobs ahead of festivals

Amazon India creates 110K seasonal jobs ahead of festivals

Rediff.com14 Sep 2024

E-commerce firm Amazon India has announced the creation of over 110,000 seasonal job opportunities across its operations network as it prepares to serve millions of customers throughout India during the upcoming festival season. These positions include both direct and indirect roles in cities such as Mumbai, Delhi, Pune, Bengaluru, Hyderabad, Kolkata, Lucknow, and Chennai, among others. Notably, Amazon has hired thousands of women and nearly 1,900 individuals with disabilities into its existing network.

Afghans furious: Test marred due to woeful facilities

Afghans furious: Test marred due to woeful facilities

Rediff.com9 Sep 2024

There was poor communication and complete mismanagement between the stadium authority and the Afghanistan Cricket Board (ACB). Rain had affected the buildup to the Test, the first between the two nations, with New Zealand not being able to complete a single practice session properly.

Protests Hit Retail Ahead of Durga Puja

Protests Hit Retail Ahead of Durga Puja

Rediff.com7 Sep 2024

West Bengal is home to 43,000 Durga Pujas, and the business around it is a major economic driver.

Maha bus workers end strike ahead of Ganesh festival

Maha bus workers end strike ahead of Ganesh festival

Rediff.com5 Sep 2024

The employees called off the strike following government's assurance of a salary hike

Can Setty Take SBI To New Heights?

Can Setty Take SBI To New Heights?

Rediff.com4 Sep 2024

It is to be seen if SBI under Setty, who will have a three-year term, can ride the economic cycle to take SBI to new heights, navigating some of these challenges.

Auto sales decline for 2nd consecutive month in August

Auto sales decline for 2nd consecutive month in August

Rediff.com1 Sep 2024

Leading automakers Maruti Suzuki, Hyundai and Tata Motors reported decline in wholesales in August as the companies curtailed vehicle dispatches amid drop in demand and to cut inventories at dealer level. Market leader Maruti Suzuki India said its total domestic passenger vehicle wholesales were at 143,075 units last month as compared to 156,114 units in the year-ago month, registering a dip of 8 per cent. Sales of mini segment cars, comprising Alto and S-Presso, declined to 10,648 units last month as against 12,209 units a year ago.

'Salman Has A Really Soft Corner For His Dad'

'Salman Has A Really Soft Corner For His Dad'

Rediff.com30 Aug 2024

'Salman wanted to do the interview properly. That's why he was nervous, you know, that dad should be happy.'

'Workforce Aspirations Are Changing'

'Workforce Aspirations Are Changing'

Rediff.com29 Aug 2024

'It is not that employee work is not happening if you don't see it.'

India's largest media empire is all set to be born!

India's largest media empire is all set to be born!

Rediff.com28 Aug 2024

Competition Commission of India on Wednesday said it has approved the merger of the media assets of Reliance Industries and Walt Disney Co to create the country's largest media empire. The deal, announced six months ago, has been cleared by the CCI with certain modifications proposed by the two parties.

Bypoll results see NDA inching closer to majority in Rajya Sabha

Bypoll results see NDA inching closer to majority in Rajya Sabha

Rediff.com28 Aug 2024

Union ministers Ravneet Singh Bittu and George Kurian were elected unopposed to Rajya Sabha Tuesday along with senior Congress leader Abhishek Manu Singhvi and former minister Upendra Kushwaha.

'There Has to Be Exemplary Punishments'

'There Has to Be Exemplary Punishments'

Rediff.com27 Aug 2024

'These allegations need to be treated with utmost seriousness.'

Assault case filed against director Ranjith, 4 actors under cloud

Assault case filed against director Ranjith, 4 actors under cloud

Rediff.com26 Aug 2024

The fallout from the Justice K Hema Committee report on harassment and abuse in the Malayalam film industry intensified on Monday as a case was filed against well-known filmmaker Ranjith, and several female actors stepped forward with disturbing accounts of the mistreatment they faced at the hands of their various male counterparts.

Kolkata rape: SC questions Bengal govt over FIR delay, raps police

Kolkata rape: SC questions Bengal govt over FIR delay, raps police

Rediff.com20 Aug 2024

Terming the rape and murder case of a medic at Kolkata's RG Kar Medical College and Hospital as horrific, the Supreme Court on Tuesday came down heavily on the West Bengal government over delay in filing first information report (FIR) in the matter.

NC promises Article 370, autonomy, statehood resolution

NC promises Article 370, autonomy, statehood resolution

Rediff.com19 Aug 2024

Restoration of Article 370 and Jammu and Kashmir's statehood as well as implementation of the autonomy resolution passed by the erstwhile assembly in 2000 are among the National Conference's 12 guarantees announced in its manifesto for the upcoming polls.

'Why Are Stars Being Paid Rs 35 Crore?'

'Why Are Stars Being Paid Rs 35 Crore?'

Rediff.com19 Aug 2024

'Everyone knows the money the stars are asking for is absurd.'

Who's Buying Luxury Cars In Small Cities?

Who's Buying Luxury Cars In Small Cities?

Rediff.com19 Aug 2024

The rise of startups and a thriving entrepreneurial culture in Tier-II and Tier-III cities is contributing to the increasing sales of high-end cars.

Festive Hires: 1 Million Gig Workers, 250,000 Contractual Workers

Festive Hires: 1 Million Gig Workers, 250,000 Contractual Workers

Rediff.com17 Aug 2024

Companies like Flipkart, Amazon and Meesho as well as quick commerce ones like Blinkit, Zepto and Swiggy Instamart may create hundreds of thousands of seasonal jobs for the coming festival season.

The petrochemical shift that could quench LPG output thirst

The petrochemical shift that could quench LPG output thirst

Rediff.com14 Aug 2024

India may have to lean more on West Asian nations for supplies of liquefied petroleum gas (LPG), a cooking fuel, in the coming years after Indian state-run refiners drew up big plans to diversify into producing more profitable petrochemicals. This shift leads to reduced LPG output, Indian refining executives said. The mantra for state-run oil companies, from Indian Oil Corporation (IndianOil) to liquefied natural gas (LNG) importer Petronet LNG, which are looking to diversify their businesses from lower-margin fuels, has been value-added petrochemicals.

Equity funds log Rs 37K cr in July

Equity funds log Rs 37K cr in July

Rediff.com12 Aug 2024

Inflows into equity mutual funds (MFs) continued their strong momentum in July, despite the market volatility triggered by the Union Budget.

Big Steel Boys Pushing Future Mobiility Pedal

Big Steel Boys Pushing Future Mobiility Pedal

Rediff.com11 Aug 2024

From setting up cutting-edge facilities to cater to the domestic market and building capabilities of global standards, the action is building up.

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