Samsung management, workers reach agreement on wage hike

The discord between the Samsung workers affiliated to the Samsung India Thozhilalar Sangam and the company management over wage hike has been amicably resolved with the company agreeing to increase the wages, Tamil Nadu Labour Minister C V Ganesan informed

Private equity, VC bets drop to $4.7 billion in April

Private equity and venture capital investments dropped to $4.7 billion in April this year on heightened uncertainty and high valuation expectations of sellers, a report said on Monday. Illustration: Uttam Ghosh/Rediff The overall amount invested is 6 per cent lower

IT stocks, weak global trends drag Sensex down 271 points

Benchmark BSE Sensex dropped by 271 points on Monday, marking the second straight day of losses due to selling in IT stocks and a weak trend in global markets after rating downgrade of the US by Moody’s Ratings. Photograph: Francis

BEL net profit beats estimates, JK Paper profit down 72%

Q4 Results Live Updates: The fourth quarter earnings season is underway and as many as 10 important names like Bharat Electronics Ltd, DLF Ltd, Sun Pharma Advanced Research Company, Power Grid Corporation of India, One Mobikwik Systems, CMS Info Systems,

BEL Q4 Results: Navratna PSU’s net profit rises 18% YoY to ₹2,105 crore, final dividend declared. Check details here

BEL Q4 Results: Bharat Electronics Ltd (BEL) announced its January to March quarter results on Monday, 19 May 2025. The Navratna PSU recorded an 18 per cent rise in its fourth quarter net profits to ₹2,105 crore in the financial

IDFC First Bank shareholders reject resolution to allow board seat to Warburg Pincus arm

IDFC First Bank on Monday said its shareholders have rejected the proposal to allow global private equity firm Warburg Pincus’ arm to nominate a non-executive director on the bank board. Photograph: Courtesy: IDFC First Bank Photos/Wikimedia Commons Last month, IDFC

India’s smartphone exports soar in FY25

India’s smartphone exports surged nearly fivefold to the US and about fourfold to Japan in the past three years, propelling the  segment to surpass petroleum products and diamonds as the country’s top exported goods, according to government data. Photograph: Andrew

FPIs pump Rs 18,620 cr in equities in May

Foreign investors continue to show confidence in the country’s equity market, infusing Rs 18,620 crore so far this month, driven by a combination of global tailwinds and improving domestic fundamentals. Illustration: Dominic Xavier/Rediff This positive momentum follows a net investment

Bhavesh Jain: ‘Quicker credit data updates will aid underwriting’

‘This helps the consumers secure more favourable terms from CIs.’ Kindly note the image has been published only for representational purposes. Photograph: Pabitra Kaity/Pixabay Credit institutions (CIs) and credit information companies (CICs), or credit bureaus, have since January this year

Stocks to Watch: Bharti Airtel, Vodafone Idea, KEC International, Hyundai Motor, Delhivery, Divi’s Labs, BHEL and more

1 / 12 Bharti Airtel shares will be in focus on May 19, Monday. On May 17, Saturday, Bharti Airtel and Bharti Hexacom filed a petition in the Supreme Court seeking relief in the Adjusted Gross Revenue (AGR) dues case, arguing that