Search results for ' Vice Industry'.
100 deaths at BSE50 Companies
Rediff.com11 Dec 202374 of these fatalities were reported by 8 companies: Coal India (21), L&T (14), Vedanta (13, of which Hindustan Zinc reported 7), Tata Steel (7), Power Grid Corporation of India (7), JSW Steel (6), and ONGC (6).
Factors that will guide the markets this week
Rediff.com10 Dec 2023Global trends, macroeconomic data, and the outcome of the US Fed policy meeting are the major factors that will drive the movement in the domestic equity markets this week, analysts said. "In the upcoming data-centric week, the focus will be on crucial releases, including inflation data from India and the US. "Indian inflation is expected to rise, while US inflation will remain steady.
India Inc making workplace more inclusive for persons with disabilities
Rediff.com4 Dec 2023As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.
SIP soars beyond city limits: Small towns lead in account additions
Rediff.com4 Dec 2023Mutual funds (MFs) are seeing higher growth in new systematic investment plan (SIP) accounts in rural areas (beyond 30 or B30 centres) compared to the top 30 (T30) cities. However, the average inflows from these areas remain significantly lower than those from the larger centres. Data from the Association of Mutual Funds in India reveals that investors from B30 contributed Rs 1,725 on average to MFs through SIPs, which is 70 per cent lower than the average ticket size of T30 investors at Rs 2,940.
BSE, CDSL, KFin Tech: Rally in exchange-related stocks may halt, say analysts
Rediff.com1 Dec 2023Swift gains on Dalal Street this year have also led to a sharp surge in shares of equity market intermediaries like depositories, exchanges, and registrar and transfer Agents (RTAs). The stock prices of BSE, CDSL, CAMS, and KFin Technologies are up 24-283 per cent so far in 2023 when compared to a 9 per cent rise in the benchmark Nifty index. With the market buoyancy expected to keep up the pace, analysts believe these stocks are a good long-term bet despite the sharp rally, which can trigger an intermittent correction.
RBI's new risk-weight rules likely to spur co-lending by banks, NBFCs
Rediff.com29 Nov 2023Co-lending deals between non-banking financial companies (NBFCs) and banks are likely to rise after the Reserve Bank of India's (RBI's) decision to increase the risk weight on consumer credit, industry leaders and experts say. Smaller NBFCs, they add, may increasingly opt for co-lending as capital markets could become costlier for them. "Smaller NBFCs will be more comfortable with co-lending because they are geography-specific in terms of industry or customers.
Will Power Decide Telangana Victor?
Rediff.com29 Nov 202324x7 power supply to farmers emerges as a political lightning rod in the state.
RBI tightening on unsecured loans: White goods firms fear margin squeeze
Rediff.com28 Nov 2023Consumer durables retailers and manufacturers may end up bearing the cost of the Reserve Bank of India's (RBI's) tightening on easy personal loans, as their margins are expected to be impacted by higher borrowing costs. During the recently passed festival season, consumer durables companies started offering longer tenure loans, zero down payments, and zero interest on a wider assortment of products than ever before, making the products more affordable. While 18- and 24-month easy monthly instalment (EMI) options were available earlier, companies offered them only on select products; now, they are being extended to a larger section of products.
Why Indians Suffer Work Burnout
Rediff.com27 Nov 2023'We all work hard and save money, and later spent it in hospitals!'
Want To Buy A Car? Juicy Offers Coming!
Rediff.com27 Nov 2023'Nearly all companies are extending festival offers for entry-level, sedan, and hatchback segments.'
Expert panel to look into Kerala varsity stampede that claimed 4 lives: Govt
Rediff.com26 Nov 2023State higher education minister R Bindhu has directed a three-member team, comprising the principal secretary of higher education, and Cochin University's vice-chancellor and registrar, to inquire into the stampede incident, an official release said.
Indian equity markets gain significant heft in EM basket
Rediff.com24 Nov 2023The Indian equity markets have significantly increased in importance within the emerging market (EM) basket of stocks in recent years. Since 2018, India's weighting in the Morgan Stanley Capital International (MSCI) EM Index - tracked by passive funds with assets of nearly $500 billion - has doubled, while the number of domestic stocks has grown by almost 70 per cent.
Will Tata Steel's global stride with new deal aid profitability?
Rediff.com21 Nov 2023It was August 2007. Tata Steel was turning 100. Jamshedpur, its hometown, had an air of celebration. The line-up for the special event included the launch of Air Deccan's commercial flight connecting Kolkata and Jamshedpur, and release of Russi Lala's new book, Romance of Tata Steel. There was also the screening of The Spirit of Steel, a 20-minute documentary directed by Zafar Hai showcasing Tata Steel's legacy, and a corporate anthem penned by Javed Akhtar and composed by Shankar, Ehsaan and Loy.
Mankind Pharma sees 21% profit surge in Q2 despite consumer health hurdles
Rediff.com20 Nov 2023Pharmaceuticals major Mankind Pharma reported a 21 per cent year-on-year (Y-o-Y) increase in net profit, with revenue rising by 12 per cent Y-o-Y in the second quarter of the financial year 2024 (Q2FY24) in a regulatory filing lrecently.
If Ambani Buys Disney Star...
Rediff.com18 Nov 2023Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'
Will make Maldives free of foreign military presence: New Prez Muizzu
Rediff.com17 Nov 2023Vouching for preserving its independence and sovereignty, Muizzu made a firm commitment to ensure that the Maldives remains "free of any foreign military presence."
'We are building Kia 2.0. India is a long-term bet for us'
Rediff.com17 Nov 2023'India is the sixth-largest market for the Kia Corporation, and contributes 8 to 9 per cent to our global sales.' 'We are eyeing 10 per cent market share over the next few years depending on customer demand and new product innovations.'
Delhi squanders rain gain, Diwali pollution up by 45%
Rediff.com13 Nov 2023Squandering the relief due to rain, Delhi recorded a jump in pollution levels and a smoky haze returned on Monday morning after residents flouted the ban on firecrackers on Diwali night.
BJP encouraged people to flout SC ban on crackers: AAP
Rediff.com13 Nov 2023Delhi BJP vice president Kapil Mishra hailed people for defying the cracker ban.
'Growth during the second half should be good'
Rediff.com12 Nov 2023'With NPA under control, we should be able to post better profits.'
Factors that will guide the markets this week
Rediff.com12 Nov 2023Equity markets would take cues from domestic inflation data announcement, global trends and trading activity of foreign investors in a holiday-shortened week ahead, analysts said. Markets would remain closed on Tuesday for 'Diwali Balipratipada'. "As we enter a truncated week with Muhurat trading on Sunday, global cues will play a pivotal role in shaping the market direction.
Riding on festive demand, passenger vehicle sales soar to record high in October
Rediff.com1 Nov 2023Passenger vehicle wholesales in India rose to a record high in October as companies pushed dispatches to dealers to cater to the enhanced demand in the festive season. The overall passenger vehicle wholesales in October rose to 391,472 units, up 16 per cent from 336,679 units in the same month last year. Last month witnessed the highest-ever dispatches of passenger vehicles in the domestic market by Maruti Suzuki India and Mahindra & Mahindra.
Worker from UP out buying vegetables shot dead in J-K's Pulwama
Rediff.com30 Oct 2023The incident took place at Tumchi Nowpora of Pulwama district in South Kashmir when the labourer, Mukesh Kumar, was in the market to buy some vegetables.
Is India's NavIC Better Than GPS?
Rediff.com28 Oct 2023NavIC consists of a constellation of seven satellites and a network of ground stations and is touted to be more accurate than GPS.
She Makes Bollywood Brides Look Perfect
Rediff.com23 Oct 2023'I was at Deepika's wedding at Lake Como, also at the receptions in Delhi, Mumbai and Bengaluru, and every moment was unforgettable.'
Factors that will drive the markets this week
Rediff.com22 Oct 2023Domestic equity markets will be driven mainly by quarterly earnings, global trends, and the movement in crude oil prices in this holiday-shortened week, analysts said. Investors would also keep an eye on the Middle East amid the ongoing Hamas-Israel conflict and the trading activity of foreign investors. Markets will remain closed on Tuesday for Dussehra.
Number of women in blue-collar jobs increasing across manufacturing sector
Rediff.com20 Oct 2023"Lady candidates need not apply." So read the postscript in a job notice from Telco (now Tata Motors) on a notice board in the corridors of the Indian Institute of Science, Bangalore (now Bengaluru), in 1974. Irked, Sudha Murty, who was then pursuing her masters in computer science at the institute, wrote a postcard to JRD Tata, expressing her surprise at this gender discrimination, especially since the Tata Group were pioneers on many fronts. Shortly, Murty became the first woman on the firm's shop floor.
Festive Season To Create 700K Gig Jobs
Rediff.com17 Oct 2023'The World Cup alone is expected to create an additional 100,000 jobs, most of which will comprise gig workers in the delivery space, transportation, hospitality and event management.'
How Meta Is Supersizing WhatsApp
Rediff.com11 Oct 2023WhatsApp's advantage is that it is the first app millions of Indian check first thing in the morning and innumerable times during the day and night.
13 prominent assembly seats in Chhattisgarh to watch out for
Rediff.com11 Oct 2023Contests in 13 seats would attract most attention during the Chhattisgarh assembly elections as they feature prominent leaders of the Congress and BJP.
Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs
Rediff.com8 Oct 2023Indian exporters shipping goods to Israel may face higher insurance premiums and shipping costs due to the Israel-Hamas conflict, according to experts. Israel witnessed a surprise and unprecedented multifront attack by air, land and sea by the Hamas militant group, which rules the Gaza Strip, in its southern parts on Saturday morning. The International trade experts said the conflict may reduce the profits of domestic exporters but will not impact trade volumes unless war escalates.
Factors that will guide the markets this week
Rediff.com8 Oct 2023Quarterly earnings from IT majors Tata Consultancy Services (TCS), Infosys, macroeconomic data announcements, global trends and trading activity of foreign investors would guide the movement in the equity market this week, analysts said. Movement of global oil benchmark Brent crude and the rupee will also influence trading in the markets. "All eyes will be on the beginning of corporate performance for the second quarter of the current fiscal year. TCS is slated to unveil its Q2 results on October 11, with HCL Technologies and Infosys following suit on October 12.
Analysts bet on FMCG, retail, consumer electronics ahead of festive season
Rediff.com6 Oct 2023The recent equity market weakness has sobered up investor mood, but the coming festive season is keeping analysts upbeat on stocks related to the consumption basket. Among the lot, fast-moving consumer goods (FMCG), retail, and consumer electronics segments are expected to do well over the next few months, and investors should thus selectively take bets in these pockets, analysts suggest. "We expect good volume growth for the FMCG sector during the festive season with some improvement in rural demand.
What's Micron's Role In India's Chip Race?
Rediff.com28 Sep 2023The first leg of Micron's semiconductor play in Sanand is crucial for the company to sprint towards India's goal of joining the chip race.
'India Is Ready For The World!'
Rediff.com27 Sep 2023'Never in the history of Indian cinema did we have a distribution system for 240 countries, but we have it now.' 'And if we still keep catering to the B and C-tiers of our country, and not the whole world, then we are really being losers.' 'The visionaries of the industry must pull up their socks and say that now we will create for the world.'
Steel firms prep for festivals, see demand by auto, consumer goods sectors
Rediff.com23 Sep 2023The festive season will mean business for the steel industry as it is the time when automotive and consumer appliance companies bump up demand to prepare for higher sales, experts have said. Ranjan Dhar, chief marketing officer at ArcelorMittal Nippon Steel India (AM/NS India), said that bookings by auto and consumer appliance industries are 20 per cent higher ahead of the festive season compared to last year. "While this could be for a couple of months, it could normalise later at approximately 10 per cent," he said.
Sanatan Dharma Controversy: Why Stalin Is Unflustered
Rediff.com20 Sep 2023Any narrative against the Dravidian model may impact the BJP's prospects in Tamil Nadu. This may explain why the BJP in Tamil Nadu is placing more emphasis on corruption allegations against the DMK, even as the party focuses nationally on the Sanatana controversy.
How Netflix Finally Got It Right In India
Rediff.com20 Sep 2023Its success script: Investing more in local content ecosystem; growing its partnership footprint.
PIX: Bidding farewell to old Parliament building
Rediff.com19 Sep 2023Dressed in colourful attire, members of the Lok Sabha and the Rajya Sabha on Tuesday got their group photograph clicked in the old Parliament building, hours before legislative proceedings shift to the new Parliament House.
Multi-asset playbook divides mutual fund industry; hybrids in demand
Rediff.com16 Sep 2023The change in debt fund taxation is seen as boosting the demand for hybrid funds. It is no surprise then that asset management companies (AMCs) have launched a raft of new products in the multi-asset category. However, they seem to be divided on the asset mix and approach. The multi-asset space, which provides fund houses ample scope to innovate, has seen five launches in as many months.