BS Reporter &Amp; PTI In Mumbai

Stories by BS Reporter &Amp; PTI In Mumbai

Market correction insufficient and pressure to continue, says Nomura

Market correction insufficient and pressure to continue, says Nomura

Rediff.com   10 Jun 2022

The correction seen in the stock markets thus far is insufficient and there are significant downside risks, given the way macroeconomic data is shaping up, a Nomura equity strategist said on Thursday. "The markets are trying to look through the current stress we see in the macros. There are potential risks to the market. "Our estimates assume no major impact on growth and earnings. "The market should have been at least 5 per cent lower than it is now.

Ambani edges past Adani to being Asia's richest

Ambani edges past Adani to being Asia's richest

Rediff.com   4 Jun 2022

Ambani's wealth jumped $3.59 billion in the past 24 hours, while Adani added $2.96 billion to his net worth.

Adani-Holcim deal: Open offers for Ambuja Cements and ACC from July 6

Adani-Holcim deal: Open offers for Ambuja Cements and ACC from July 6

Rediff.com   24 May 2022

The open offers for the shareholders of Ambuja Cements and ACC will begin from July 6 and close on July 19, as per a tentative schedule published by the Adani family today. With an investment of $4 billion (Rs 31,139 crore), together these two open offers might constitute the biggest open offer in corporate Indian history. The mandatory open offer for the companies was made by a Mauritius based company owned by the Adani family after they acquired a 63 per cent stake in Ambuja and 4.5 per cent in ACC from Swiss cement major, Holcim for $6.5 billion. Ambuja owns a 50 per cent stake in ACC.

'I saw a video of a Russian tank passing by my school'

'I saw a video of a Russian tank passing by my school'

Rediff.com   3 Mar 2022

'We couldn't believe that in the 21st century world, a European country can be bombed, can be invaded.'

Election Day In UP's Village of Twins

Election Day In UP's Village of Twins

Rediff.com   28 Feb 2022

Mohammadpur Umri, a small village in Uttar Pradesh near the Indian Air Force's Bamrauli base in Prayagraj, is called a 'village of twins'.

'It was extremely difficult to see her deteriorate'

'It was extremely difficult to see her deteriorate'

Rediff.com   7 Feb 2022

'She had shown some signs of improvement, but then she went into multi-organ failure.'

Rohit fit to lead India against Windies

Rohit fit to lead India against Windies

Rediff.com   25 Jan 2022

'He is already training in Mumbai and is expected to be in Bangalore for the fitness test and get a formal okay from the National Cricket Academy.'

'What is there to worry about? Our rival teams should worry'

'What is there to worry about? Our rival teams should worry'

Rediff.com   25 Jan 2022

'When you have a win ratio of 65 per cent over the last five years, what is there to worry about?' 'How can the standard go down suddenly? For five years, you have been number one side in the world.'

Omicron Sledgehammer Slams Movies

Omicron Sledgehammer Slams Movies

Rediff.com   7 Jan 2022

'Everybody is losing money as interest costs keep piling up.' 'Some films will wait for a theatrical release and some won't, keeping their profit and loss situation in mind.'

How will Omicron fearful market fare?

How will Omicron fearful market fare?

Rediff.com   21 Dec 2021

Whether earnings growth sustains will be crucial to determining how Indian equity markets fare in the days to come.

No extension in AGM deadline beyond June 30, 2022

No extension in AGM deadline beyond June 30, 2022

Rediff.com   10 Dec 2021

The ministry of corporate affairs has clarified that companies whose annual general meetings are due in 2021 have to conduct them within the specified time limit and video conferencing is allowed till June 30,2022. MCA has said that its circular should not be construed as conferring any extension of time for holding annual general meetings by the companies under the Companies Act, 2013. "Companies which have not adhered to the timelines shall be liable to legal action under the appropriate provisions of the Act," MCA said. In September, MCA had allowed a two-month extension to the deadline for companies to hold their annual general meeting for the financial year ending March 31, 2021.

At 4.5 mn, PC shipments in Q3 is biggest ever single qtr dispatch

At 4.5 mn, PC shipments in Q3 is biggest ever single qtr dispatch

Rediff.com   19 Nov 2021

Indian PC shipments for the third quarter of CY21 touched a total of 4.5 million, making it India's biggest-ever single quarter. To put this in perspective, it is bigger than the total yearly consumer shipments in 2019, a year before the pandemic hit. As a result, many brands also reported their biggest quarter of PC shipments.

Why Suriya Made Jai Bhim

Why Suriya Made Jai Bhim

Rediff.com   10 Nov 2021

'It is a hard hitting, intense film which won't be just another entertainer.' 'This film will have a recall factor, there will be takeaways.'

Hiring demand up 9% YoY in Oct: Monster

Hiring demand up 9% YoY in Oct: Monster

Rediff.com   10 Nov 2021

Hiring demand for the month of October 2021, witnessed a dip of 3 per cent, as compared to September 2021. However, job demand grew 9 per cent sequentially in the past six months showing an optimistic outlook to recovery, said the Monster Employment Index. There has also been a strong year-on-year recovery with a 9 per cent uptick in October 2021 (Oct 2021 vs Oct 2020).

Bihar panchayat poll goes hi-tech, to use AI to count votes

Bihar panchayat poll goes hi-tech, to use AI to count votes

Rediff.com   28 Oct 2021

AI implementation enabler Staqu will deploy its proprietary video analytics system JARVIS to count votes directly from the camera by monitoring the electronic voting machines screens at the counting centre.

'Growth has revived in certain segments'

'Growth has revived in certain segments'

Rediff.com   9 Oct 2021

'There are some high-frequency indicators where uptick is visible and some where it is not'

How Robotics Revived A Dying Indian Art

How Robotics Revived A Dying Indian Art

Rediff.com   1 Oct 2021

The episode of Lord Rama's pursuit to catch the golden deer was selected for the robotic application and a total of four leather puppets -- Lord Rama, Goddess Sitha, Lakshmana and the Deer -- were automated.

'Paka is very close to the Mahabharata'

'Paka is very close to the Mahabharata'

Rediff.com   1 Sep 2021

'It is about the fight between two families, why they fight, how they fight and what they feel.'

'I am still greedy'

'I am still greedy'

Rediff.com   14 Aug 2021

'I am very grateful that I am getting such nice parts.'

Rahul Visits Temple, Dargah in Kashmir

Rahul Visits Temple, Dargah in Kashmir

Rediff.com   10 Aug 2021

Rahul Gandhi visits the Mata Kheer Bhawani temple and the Hazratbal shrine in Kashmir.