Swati Pandey And Abhishek Vishnoi

Stories by Swati Pandey And Abhishek Vishnoi

Nifty slumps 4% on US stimulus, capital control fears

Nifty slumps 4% on US stimulus, capital control fears

Rediff.com   16 Aug 2013

The declines also tracked the Indian rupee, which fell to a record low as central bank measures to tighten capital outflows and curb gold imports were seen as unlikely to prop up the currency and could even spark further selling if they spook foreign investors.

HUL surges to record high; Unilever raises stake

HUL surges to record high; Unilever raises stake

Rediff.com   5 Jul 2013

Hindustan Unilever shares were up 3.7 per cent at 9.24 am after earlier hitting an all-time high of Rs 632.

Indian companies apply for banking licences: The complete list

Indian companies apply for banking licences: The complete list

Rediff.com   2 Jul 2013

Licence winners are expected to be announced by the first quarter of 2014.

Infosys may cut FY14 revenue guidance: Morgan Stanley

Infosys may cut FY14 revenue guidance: Morgan Stanley

Rediff.com   1 Jul 2013

Wage hikes and rupee depreciation may affect the business.

Indian stocks most overweight among emerging mkts: JP Morgan

Indian stocks most overweight among emerging mkts: JP Morgan

Rediff.com   25 Jun 2013

FIIs have been strong buyers of shares since last year until a recent streak of selling.

DLF posts first ever quarterly loss, misses estimates

DLF posts first ever quarterly loss, misses estimates

Rediff.com   31 May 2013

DLF, which builds homes, offices and shopping malls, has lost about 61 per cent of its value since listing on the stock exchange in 2007, underperforming the wider market.

Competition in SUVs bound to hit market share: Mahindra

Competition in SUVs bound to hit market share: Mahindra

Rediff.com   30 May 2013

The market shares has already tumbled to 48 per cent from the earlier 56 per cent.

Tata Steel surges; Q4 operating profit beats forecast

Tata Steel surges; Q4 operating profit beats forecast

Rediff.com   24 May 2013

The company stock ended up 4.49 per cent.

Unilever to raise stake in HUL in $5.4 billion offer

Unilever to raise stake in HUL in $5.4 billion offer

Rediff.com   30 Apr 2013

There will be more incentive for the parent company to share technology with the Indian unit.

ICICI Bank net profit up 21%, meets forecasts

ICICI Bank net profit up 21%, meets forecasts

Rediff.com   26 Apr 2013

The bank posted a net profit of about Rs 2,300 crore.

HDFC Bank net profit up 30%

HDFC Bank net profit up 30%

Rediff.com   23 Apr 2013

HDFC Bank met forecasts with a 30 per cent rise in quarterly profit led by higher loan growth, fee income and stable asset quality.

Natco, Cipla up after SC dismisses Novartis plea

Natco, Cipla up after SC dismisses Novartis plea

Rediff.com   1 Apr 2013

In a landmark judgment that has the potential to change the direction of India's pharmaceutical business, the Supreme Court said on Monday that the drug failed to qualify for a patent according to Indian law.

NYSE Euronext calls off share sale in MCX

NYSE Euronext calls off share sale in MCX

Rediff.com   7 Mar 2013

The buyer received poor investor response to the pricing of the share sale.

Indian stock market among 4 most inexpensive in Asia

Indian stock market among 4 most inexpensive in Asia

Rediff.com   5 Mar 2013

Wipro and HCL Technologies among its top picks.

FM seeks to reassure after tax proposal sparks alarm

FM seeks to reassure after tax proposal sparks alarm

Rediff.com   1 Mar 2013

Says the TRC proposal was clumsily worded.

Budget DISAPPOINTS, confuses foreign investors

Budget DISAPPOINTS, confuses foreign investors

Rediff.com   1 Mar 2013

Expected cut in withholding tax for debt investments.

SBI doesn't expect to recover much from KFA asset sale

SBI doesn't expect to recover much from KFA asset sale

Rediff.com   14 Feb 2013

The consortium might get about Rs 1,000.

Despite concerns, India to let corporates into banking

Despite concerns, India to let corporates into banking

Rediff.com   11 Feb 2013

India will soon allow corporate houses to open banks despite misgivings within the RBI.

State Bank of India cuts base rate by 5 basis points

State Bank of India cuts base rate by 5 basis points

Rediff.com   30 Jan 2013

The key lending rate is now 9.7 per cent.

BofA Merrill turns positive on Indian banks

BofA Merrill turns positive on Indian banks

Rediff.com   8 Jan 2013

BofA Merrill also upgrades its price objectives for private banks, retaining ICICI Bank Ltd as its top pick, and HDFC Bank Ltd and Axis Bank Ltd as its 'preferred' names.