Rupee may depreciate to 84.5 against US dollar by end of December

The Indian rupee is likely to depreciate further against the US dollar through the end of 2024. Illustration: Dominic Xavier/Rediff.com This is due to the continued strengthening of the......

Punit Goenka resigns as managing director of Zee; appointed CEO

Punit Goenka has resigned as the managing director of Zee Entertainment and has been appointed as CEO to have his focus entirely on operational responsibilities assigned to him by the board of the......

Cut in FY25 estimates likely to keep SBI Life stock under pressure

SBI Life Insurance reported a weak performance in Q2FY25. Image used for representation purpose only. Illustration: Uttam Ghosh/Rediff.com The annual premium equivalent or APE grew 3 per cent......

Strong India biz growth to drive gains for Godrej Consumer

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......