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Sensex, Nifty end lower; FMCG, IT stocks top drags

Sensex, Nifty end lower; FMCG, IT stocks top drags

Rediff.com20 Jan 2024

Among the Sensex firms, Kotak Bank, PowerGrid, ICICI Bank, HDFC Bank, PowerGrid were the major gainers. HUL, TCS, M&M, IndusInd Bank, HCL Tech were among the losers.

Sensex falls 535 pts dragged by HDFC & IT shares

Sensex falls 535 pts dragged by HDFC & IT shares

Rediff.com3 Jan 2024

Among the Sensex firms, JSW Steel, Tata Steel, Tech Mahindra, Infosys, Wipro, Tata Consultancy Services, Nestle, HCL Technologies, HDFC Bank and Maruti were the major laggards. IndusInd Bank, ITC, Bharti Airtel and State Bank of India were among the winners.

BSE, NSE settle flat in volatile trade

BSE, NSE settle flat in volatile trade

Rediff.com23 Nov 2023

Equity benchmark indices Sensex and Nifty ended almost flat in highly volatile trade on Thursday amid the lack of any immediate trigger. The 30-share BSE Sensex dipped 5.43 points or 0.01 per cent to settle at 66,017.81. During the day, it hit a high of 66,235.24 and a low of 65,980.50.

Champions League draw: Barca, City's last 16 opponents revealed

Champions League draw: Barca, City's last 16 opponents revealed

Rediff.com18 Dec 2023

The following is the draw for the Champions League last 16 which was held in Nyon on Monday:

Nifty cos' profit growth seen at slowest in 5 qtrs

Nifty cos' profit growth seen at slowest in 5 qtrs

Rediff.com16 Apr 2024

The brokerage earnings estimate for the January-March 2024 quarter (Q4FY24) for Nifty 50 companies hints at a slowdown in corporate profit growth while revenue increase is likely to be in low single digits as in the previous two quarters. According to various brokerage estimates, the companies' combined net profits are expected to grow 3.1 per cent year-on-year (Y-o-Y) in Q4FY24, the slowest in the last five quarters. For comparison, the index companies' combined net profits were up 8.2 per cent Y-o-Y in Q3FY24 and 3.4 per cent Y-o-Y in Q4FY23.

BJP issues showcause notice to Bidhuri for remarks against BSP MP

BJP issues showcause notice to Bidhuri for remarks against BSP MP

Rediff.com22 Sep 2023

BJP sources said the party has sought a reply from the South Delhi MP for his use of unparliamentary words.

HUL Q4 profit dips 1.53% to Rs 2,561 cr

HUL Q4 profit dips 1.53% to Rs 2,561 cr

Rediff.com24 Apr 2024

FMCG major Hindustan Unilever on Wednesday reported a 1.53 per cent decline in consolidated net profit to Rs 2,561 crore for the fourth quarter ended March 31, 2024 due to factors such as deflation and softening of commodity prices. The company had posted a net profit of Rs 2,601 crore in the year-ago period, according to a regulatory filing from HUL. Net sales of Hindustan Unilever Ltd (HUL) were almost flat to Rs 15,013 crore in the March quarter.

Prannoy, Sen to lead India's defence in Thomas Cup

Prannoy, Sen to lead India's defence in Thomas Cup

Rediff.com4 Apr 2024

Sindhu pulls out of Uber Cup

Erroneous, political: Oppn MPs in Moitra dissent note

Erroneous, political: Oppn MPs in Moitra dissent note

Rediff.com9 Nov 2023

In their dissent notes, the opposition members alleged that the inquiry process is a "farce" and a "proverbial kangaroo court".

Brokerages bullish on ICICI Bank stock after Q4 results

Brokerages bullish on ICICI Bank stock after Q4 results

Rediff.com8 May 2024

An in-line ICICI Bank result for the quarter ended March 31, 2024, has led to analysts raising target price and earnings per share (EPS) forecast on the stock. ICICI Bank, they said, appeared least vulnerable to regulatory action on its digital offerings or for risk monitoring lapses.

World C'ships: Prannoy assured medal; Satwik-Chirag miss out

World C'ships: Prannoy assured medal; Satwik-Chirag miss out

Rediff.com26 Aug 2023

H S Prannoy stunned two-time defending champion Viktor Axelsen of Denmark in a thrilling 68-minute quarter-final to ensure a medal for India.

Tata Sons' net debt burden at eight-year low as cash reserves swell

Tata Sons' net debt burden at eight-year low as cash reserves swell

Rediff.com18 Mar 2024

Tata Sons Private Limited, the holding company of the Tata group, witnessed a precipitous drop in its net debt to Rs 5,656 crore in the 10 months ended January this year, as its cash reserves burgeoned to Rs 9,516 crore during this period. Eight years ago, in 2015-16, Tata Sons reported a net debt of Rs 5,132 crore; from March 2017 until March 2023, this figure was above the Rs 14,700 mark, peaking at Rs 27,437 crore at the end of March 2019, according to data sourced from Capitaline. The company's gross debt nearly halved to Rs 15,173 crore until January 2024 on a standalone basis, down from a peak of Rs 31,363 crore reported in the financial year ended March 2019.

Danish tourist gang-raped near Delhi railway station

Danish tourist gang-raped near Delhi railway station

Rediff.com15 Jan 2014

A 51-year-old Danish tourist was allegedly gang-raped by more than half a dozen men at knife point near New Delhi railway station on Tuesday night, police said.

Sensex declines 143 pts on unabated foreign fund outflows

Sensex declines 143 pts on unabated foreign fund outflows

Rediff.com9 Nov 2023

Among the Sensex firms, Hindustan Unilever, Tech Mahindra, Infosys, Reliance Industries, Bajaj Finance, Tata Consultancy Services, Titan and UltraTech Cement were the major laggards. Mahindra & Mahindra, Power Grid, IndusInd Bank, Tata Motors, Larsen & Toubro and Maruti were among the gainers.

Axis Bank re-rating to continue on steady NIMs, cheap valuation: Analysts

Axis Bank re-rating to continue on steady NIMs, cheap valuation: Analysts

Rediff.com3 May 2024

Re-rating of Axis Bank's stock may continue in the near-future, believe analysts, as the risk-reward on the stock remains favourable amid healthy financials. The bullish stance comes after the Mumbai-based lender delivered a strong outperformance in the March quarter of fiscal year 2023-24 (Q4FY24) on core pre-provision profit and net profit, with improving asset quality. Axis Bank's net interest margin (NIM) expanded, against expectations, even in a tough market.

Why Builders Won't Drop Home Prices

Why Builders Won't Drop Home Prices

Rediff.com12 Jul 2024

'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'

Foreign fund outflows continue; Sensex ends up 33 pts

Foreign fund outflows continue; Sensex ends up 33 pts

Rediff.com8 Nov 2023

Among the Sensex firms, Asian Paints, Titan, Larsen & Toubro, JSW Steel, ITC, Hindustan Unilever, Maruti and Reliance Industries were the major gainers. ICICI Bank, NTPC, Infosys, Tech Mahindra, Tata Steel and Bajaj Finance were among the laggards.

Date Night For Aditi Rao Hydari-Siddharth

Date Night For Aditi Rao Hydari-Siddharth

Rediff.com15 Jan 2024

It was raining stars at the wedding reception of Aamir Khan's only daughter Ira and Nupur Shikhare, as the proud father invited *everyone* from the film industry.

Sensex plunges 551 points on sluggish global trends

Sensex plunges 551 points on sluggish global trends

Rediff.com18 Oct 2023

Among the Sensex firms, Bajaj Finance fell by nearly 3 per cent, the most among the 30 frontline companies. Bajaj Finserv, Axis Bank, HDFC Bank, Reliance Industries, NTPC, ICICI Bank and IndusInd Bank were the other major laggards. In contrast, Tata Motors, Sun Pharma, Maruti and Mahindra & Mahindra were the gainers.

Speaker lets off BJP's Bidhuri with a warning, Cong seeks suspension

Speaker lets off BJP's Bidhuri with a warning, Cong seeks suspension

Rediff.com22 Sep 2023

Lok Sabha Speaker Om Birla on Friday took 'serious note' of certain objectionable remarks made by BJP member Ramesh Bidhuri in the House and warned him of 'strict action' if such behaviour is repeated in the future, officials said.

Ravi Shankar Prasad, Harsh Vardhan disassociate from Bidhuri's remarks

Ravi Shankar Prasad, Harsh Vardhan disassociate from Bidhuri's remarks

Rediff.com22 Sep 2023

Bharatiya Janata Party MP Harsh Vardhan on Friday alleged that some people with vested interest have 'dragged' his name into a row over certain objectionable remarks made by his party colleague Ramesh Bidhuri in the Lok Sabha.

Sensex ends down 78 points on profit taking

Sensex ends down 78 points on profit taking

Rediff.com26 Sep 2023

Among Sensex shares, Tech Mahindra, Infosys, Asian Paints, ICICI Bank, Kotak Mahindra Bank, Titan, IndusInd Bank and Bajaj Finserv were the major laggards. Nestle, Tata Steel, Mahindra & Mahindra, Bajaj Finance, HDFC Bank and Tata Consultancy Services were among the gainers.

Sensex down 199 points on profit-taking in IT stocks

Sensex down 199 points on profit-taking in IT stocks

Rediff.com16 Jan 2024

Among the Sensex firms, Wipro, HCL Technologies, NTPC, Reliance Industries, Infosys, IndusInd Bank, Tech Mahindra and Tata Consultancy Services were the major laggards. IT stocks fell on profit-taking after rallying sharply in the past two sessions. Tata Steel, Titan, Maruti, Larsen & Toubro, ITC and JSW Steel were among the gainers.

Four IM operatives get 10 years in jail for terror plot but will walk out

Four IM operatives get 10 years in jail for terror plot but will walk out

Rediff.com12 Jul 2023

The judgement, however, paved the way for their release as all of them have already served as much time in jail.

Report on Moitra may be tabled in LS on Friday; BJP issues whip to MPs

Report on Moitra may be tabled in LS on Friday; BJP issues whip to MPs

Rediff.com7 Dec 2023

The report was earlier listed in the agenda of the lower house for December 4 but was not tabled.

'Nobody's Asking Where Money Will Come For Freebies'

'Nobody's Asking Where Money Will Come For Freebies'

Rediff.com24 May 2024

'The prime minister's comment on 'revdi culture' was welcome. But I am disappointed he did not follow up on that.' 'All political parties, including the BJP, have been guilty of this.' 'Now, Modi's guarantees, the Congress's 'nyay' path and both ruling and Opposition parties are vying with each other for freebies in my home state Andhra Pradesh.'

Sensex up 276 points; banking, metal shares shine

Sensex up 276 points; banking, metal shares shine

Rediff.com21 Nov 2023

Among the Sensex firms, JSW Steel, Titan, Tata Steel, Sun Pharma, Reliance Industries, Bharti Airtel, Tata Motors and HDFC Bank were the biggest gainers. NTPC, Tech Mahindra, Maruti, State Bank of India and Larsen & Toubro were among the laggards.

Only 43 of Oppn's 138 MPs now left in Parliament

Only 43 of Oppn's 138 MPs now left in Parliament

Rediff.com19 Dec 2023

On Tuesday, 49 opposition MPs were suspended for the remaining part of the session for disrupting proceedings, taking the total tally of suspended MPs in Lok Sabha to 95.

Motown sees double-digit growth in 2023

Motown sees double-digit growth in 2023

Rediff.com8 Jan 2024

Aided by robust demand, automobile retail sales in India rose by 11 per cent last year as compared to 2022, dealers' body FADA said on Monday. The overall domestic automobile retail sales stood at 2,38,67,990 units in the 2023 calendar year as compared to 2,14,92,324 units in 2022. Passenger vehicle sales stood at 38,60,268 units last year, up 11 per cent from 34,89,953 units in 2022.

If like me, this generation had hunger we will have more medals: Mary Kom

If like me, this generation had hunger we will have more medals: Mary Kom

Rediff.com6 Jan 2024

Six-time world champion boxer MC Mary Kom feels the new generation of athletes is not hungry enough like her to achieve success and gets satisfied with just one big achievement.

High drama before LS ethics panel, Mahua called on Oct 31

High drama before LS ethics panel, Mahua called on Oct 31

Rediff.com26 Oct 2023

The ethics committee of the Lok Sabha has asked Trinamool Congress member Mahua Moitra to appear before it on October 31 in relation to the allegations levelled against her by Bharatiya Janata Party MP Nishikant Dubey, who told the panel on Thursday that it was an "open and shut" case and she should be disqualified.

Charge motivated by personal animus, Mahua tells LS ethics panel

Charge motivated by personal animus, Mahua tells LS ethics panel

Rediff.com2 Nov 2023

Trinamool Congress MP Mahua Moitra on Thursday pleaded innocence to the 'cash-for-query' allegation levelled against her and told a parliamentary committee that the charge is motivated by animus of advocate Jai Anant Dehadrai after she broke off her personal relations with him, sources said.

Sensex, Nifty rebound; power, utility shares advance

Sensex, Nifty rebound; power, utility shares advance

Rediff.com10 Nov 2023

Among the Sensex firms, NTPC, Tech Mahindra, UltraTech Cement, Bajaj Finance, ITC, Bajaj Finserv, Axis Bank and Power Grid were the major gainers. On the other hand, Mahindra & Mahindra, HCL Technologies, Titan and IndusInd Bank were among the laggards.

Markets fall on unabated foreign fund outflows

Markets fall on unabated foreign fund outflows

Rediff.com3 Oct 2023

Among the Sensex firms, Maruti, NTPC, Tata Motors, ICICI Bank, HDFC Bank, Reliance Industries, JSW Steel, ITC and Mahindra & Mahindra were the major laggards. Bajaj Finance, Larsen & Toubro, Bajaj Finserv and Titan were among the gainers.

Gulshan Kumar shocks fifth seed to enter quarters

Gulshan Kumar shocks fifth seed to enter quarters

Rediff.com7 Dec 2023

Karthikeya Gulshan Kumar produced a thrilling performance

'Encroached by Pak Army', PoK temple seeks Indian help

'Encroached by Pak Army', PoK temple seeks Indian help

Rediff.com29 Dec 2023

The Save Sharda Committee (SSC) in Bengaluru on Friday sought the help of the Indian government to remove the 'encroachment by the Pakistan Army' on the Sharda temple premises in Pakistan-Occupied Kashmir (POK), in order to pave way for its restoration.

Sensex ends down 116 points amid weak global trends

Sensex ends down 116 points amid weak global trends

Rediff.com16 Oct 2023

From the Sensex pack, Nestle, Tata Consultancy Services, IndusInd Bank, Asian Paints, Bharti Airtel, Tech Mahindra, UltraTech Cement, Kotak Mahindra Bank and Hindustan Unilever were among the major laggards. Tata Steel, JSW Steel, HCL Technologies, Axis Bank, Power Grid and Mahindra & Mahindra were among the gainers.

CRISIL Ratings places Vedanta under watch with negative implications

CRISIL Ratings places Vedanta under watch with negative implications

Rediff.com6 Oct 2023

CRISIL Ratings on Thursday placed the long-term bank facilities and debt instruments of Vedanta Limited under 'rating watch with negative implications', the agency said in a press statement. CRISIL said the ratings may also be downgraded if Vedanta is not able to bring down its end-of-year financial leverage to below 2.7 times through asset monetisation, which is to be completed by December this year.

'We have a lot more left in our tank'

'We have a lot more left in our tank'

Rediff.com3 Feb 2024

Satwik said the losses had not dampened the pair's spirits but made them more hungry for success in Paris.

Orry's Shocking Revelations: 'I am dating 5 people'

Orry's Shocking Revelations: 'I am dating 5 people'

Rediff.com18 Jan 2024

The final episode on Karan Johar's Koffee With Karan has social media sensation Orry make his debut.