Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks (trading below Rs 10), you would have become a millionaire by now.
Posts tagged Rediff
Offshore mineral rules complicate selection, but… (27-08-2024)
In a bid to capitalise on its underwater resources, the Indian government has introduced new rules for auctioning offshore mineral assets, aiming to ensure a transparent and competitive process. While these rules feature stringent eligibility criteria, they also simplify the awarding process. This move comes in the wake of the less-than-expected interest in critical mineral auctions.
After KCM revival, Vedanta seeks greener pastures (27-08-2024)
UK-based Vedanta Resources is looking to start copper production at its Konkola copper mines (KCM) in Zambia and is eyeing to serve global and Indian markets, according to company executives. Promoted by billionaire Anil Agarwal, the miner in November 2023 regained control of the copper mines and smelter, which the Zambian administration had seized in 2019, but needed to pay creditors of the mines to revive operations. The conglomerate was locked in a legal battle over the ownership of the KCM mines prior to a September 2023 Zambia government decision to reinstate the group as owners of the mines.
Adani group’s Ebitda may go past Rs 1 trn in FY25 (27-08-2024)
Adani group is on track to surpass a combined Ebitda (earnings before interest, taxes, depreciation, and amortisation) of Rs 1 trillion in the ongoing financial year (FY25) as it prepares for a $2 billion (over Rs 16,700 crore) share sale by its flagship entity Adani Enterprises next month, according to a source close to the matter.
New Thar ROXX Is A Visual Treat! (27-08-2024)
The Thar ROXX is much larger and taller than the 3-door brute off-roader, The Mahindra Thar which was launched four years back on August 15. Rajesh Karkera/Rediff.com simply cannot stop raving about it.
‘If You Want To Invest Directly, Ensure…’ (27-08-2024)
‘…you evaluate three key factors before committing your money.’
‘Workplace safety key to get women in labour force’ (27-08-2024)
International Monetary Fund (IMF) Deputy Managing Director (MD) Gita Gopinath has condemned the “terrible and disturbing” incident of rape and murder of a trainee doctor in Kolkata. “Personally, it is terrible to have any event of this kind. It is disturbing,” she told Business Standard in New Delhi.
Q-com’s growth disrupting retail, say distributors (27-08-2024)
Fast-moving consumer goods (FMCG) distributors’ association has written to the Ministry of Commerce and Industry, expressing its apprehensions that the “unchecked expansion” of quick commerce platforms was leading to severe disruptions in the retail ecosystem. India Consumer Products Distributors Federation on Thursday shot an email to the government, saying that significant challenges were posed by the rapid growth of quick commerce platforms such as Blinkit, Zepto and Instamart to the traditional retail sector and the FMCG distribution network in the country.
Infy onboarding delay – Everyone with offer will join (26-08-2024)
Infosys CEO Salil Parekh has indicated that offers given to freshers will be honoured by the company and followed with joining, although there has been some change in dates. The comments of Infosys top honcho assumes significance amid reports that the company has delayed onboarding of 2,000 fresh engineering graduates from 2022-batch.
Chennai Brains Behind Ford’s Global Hits (26-08-2024)
‘We participate in the design/development of components and systems for electric vehicles, internal combustion engines, and hybrid vehicles.’