Amid criticism and protests against the government over allegations that Cauvery water was being released from Krishnaraja Sagar (KRS) dam to Tamil Nadu, he clarified that the discharge was meant for Bengaluru, and not for the neighbouring state.
'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'
Wipro was the biggest gainer in the Sensex pack, rising 4.34 per cent, followed by HCL Tech, UltraTech Cement, Tata Steel, Tech Mahindra, NTPC, Infosys, Power Grid, Tata Consultancy Services and State Bank of India. Mahindra & Mahindra, ITC, Axis Bank, Nestle, Kotak Mahindra Bank and Asian Paints were among the laggards.
An Extraordinary General Meeting (EGM) of Byju's shareholders got underway on Friday to vote on a resolution brought by some investors to ouster founder CEO Byju Raveendran and his family over alleged "mismanagement and failures". Raveendran and his family stayed away from the EGM, calling it "procedurally invalid."
The estimated strength of these nine teams is about 240 personnel, they said.
The stock of Godrej Consumer Products Limited (GCPL) fell about 3.7 per cent in trade after its Q3FY24 earnings disappointed brokerages and led to downgrades. Further, the stock, after a 15 per cent run-up over the past month prior to Monday's correction, had already factored in the upside from the business front. Its peer in the consumer space, Marico, too, saw a 4 per cent drop in its stock price.
A remarkable story which helped in transforming a bureaucratic organization, to a customer centric organization. This experience may inspire several government / private organizations to modify or adopt digitisation to transform their business, notes Professor N Ravichandran (retd).
He urged China to bolster the flow of its tourists to the Maldives.
India's campaign in the ISSF World Championship began on an unimpressive note as none of the six 10m air pistol shooters competing in Baku on Thursday were able to clinch a 2024 Paris Olympic quota.
It will expedite disposal of cases as they won't get inordinately delayed, Shah said.
Tata Communications has seen analyst upgrades after reporting Q3FY24 results. The biggest factor is the visible signs of a turnaround in its new acquisition, Kaleyra. The consolidated revenue grew 16 per cent Q-o-Q to Rs 5,630 crore led by 15 per cent Q-o-Q improvement in the data segment.
Afghanistan easily beat Sri Lanka in the World Cup match in Pune on Monday and Afghanistan captain Hashmatullah Shahidi was quick to attribute his team's confidence to the triumphant run-chase against Pakistan.
A controversy erupted in Tamil Nadu on Tuesday over a district collector allegedly asking his subordinate to carry his shoes, an allegation which the official rejected outright.
Benzema was Al-Ittihad's first signing since winning the league title for the first time since 2009 with compatriot Kante expected to join him
Not scoring quickly certainly became India's undoing.
This shift is driven by a pursuit of a superior lifestyle and an innate desire to be grounded in an owned plot of land. Villas, situated within gated housing societies, have gained popularity as a property type, witnessing strong traction due to elevated aspirations and the need for more living space.
The 77th Independence Day on Tuesday was a low-key affair in Himachal Pradesh with the traditional cultural programmes missing from official and district-level functions as the state mourns the deaths and destruction caused by incessant rains.
Former England captain Michael Vaughan rated Australia's World Cup triumph as the best in the tournament's history after they upstaged a rampaging India in front of a vociferous crowd.
Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.
A piece of slightly negative news can cause a serious setback, warns Debashis Basu.
The launch of 5G services in India turbocharged mobile download speeds here, pushing the country's ranking 72 notches higher to 47th spot in Speedtest Global Index, ahead of nations like Japan, the UK and Brazil, according to Ookla. India's speed performance has zoomed up 3.59 times since the introduction of 5G, it said dubbing the country's 5G advancement as "remarkable". In this global pecking order, India ranked not only ahead of its neighbours like Bangladesh, Sri Lanka, and Pakistan, but also some G20 countries, such as Mexico (90th), Turkey (68th), the UK (62nd), Japan (58th), Brazil (50th place), and South Africa (48th place).
Mumbai registered a handsome 232-run win after skittling out Kerala for 94 in their Ranji Trophy Group B match in Thumba, Kerala, on Tuesday.
Suresh Lokeshwar (52) and Pradosh Ranjan Paul (65) struck half-centuries to help Tamil Nadu complete the formalities and win their Ranji Trophy Group C match against Goa by seven wickets, in Porvorim on Monday.
In a memorable year for the equity market, Dalal Street investors added a whopping Rs 81.90 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks. Experts said India's strong macroeconomic fundamentals, political stability owing to the BJP's success in recent elections in three significant states, optimistic corporate earnings outlook, signals from the US Federal Reserve about three prospective rate cuts next year and heavy retail investors participation played a major role in fuelling the stock market rally in 2023. In the year 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent.
Australia's grizzly-haired veterans brought all their big-game experience to the fore
A day after their Test careers met with a dead end, veteran batters Cheteshwar Pujara and Ajinkya Rahane on Friday soldiered on for Saurashtra and Mumbai respectively with contrasting results in the Vijay Hazare Trophy in Bengaluru.
This visit by the prime minister comes weeks ahead of the 'pran pratishtha' or consecration ceremony of the Ram temple.
Rhythm Sangwan staged a fantastic comeback at the back-end of the women's 10m air pistol final to clinch a bronze medal at the ISSF World Cup Rifle/Pistol in Baku.
With the surge in tourist footfalls to Varanasi in 2022, it almost rivals the arrivals in Agra and puts it way ahead of Prayagraj and Ayodhya.
With today's success, Indian shooters have so far won four gold, four silver and five bronze medals.
India's fifth largest software services firm Tech Mahindra will acquire global network services firm Lightbridge Communications Corporation (LCC) in an all-cash deal worth $240 million (over Rs 1,486 crore).
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
Suryakumar Yadav's superior performance will put Shreyas Iyer's slot in the team in danger once Hardik Pandya is back.
'The first duty of the government is to learn lessons from a bad experience and course correct. It's a pity that the government is making policy without looking at evidence and differentiating between immediate and urgent.'
Jaiswal's 213 off 259 balls was well complemented by opener Abhimanyu Easwaran's 154
Virat Kohli became the first RCB player to complete 100 catches, while CSK smashed the third-highest number of sixes in an IPL innings against KKR.
Weakness in HDFC Bank's net interest margin (NIM) might have bottomed out in the July-September quarter (Q2-FY24), analysts said on Tuesday, as most of the merger-related one-time adjustments have been done. The bank, they believe, should be able to grow from here on, allowing the stock to reverse its underperformance. "The weak NIM print was not unexpected given the merger and regulatory impact caused by the incremental cash reserve ratio (ICRR; 5-10 bps for the quarter).
UltraTech Cement was the biggest gainer in the Sensex chart, climbing 3.13 per cent, followed by Kotak Mahindra Bank, Tata Motors, Axis Bank, Maruti, Bajaj Finserv, Bajaj Finance and Mahindra & Mahindra. In contrast, Infosys, Tech Mahindra, Tata Consultancy Services, Wipro, Bharti Airtel, HCL Technologies, ICICI Bank and Nestle were among the laggards.
South Africa coach Rob Walter blames shock defeat to Netherlands on his side's death bowling and poor start with bat
HDFC Bank on Monday reported a consolidated net profit of Rs 16,811 crore for the September quarter, its maiden quarterly earnings announcement after merging parent HDFC with itself. On a standalone basis, the largest private sector lender reported a net profit of Rs 15,976 crore. In the year-ago period, the net profit of the merged entity would have been Rs 11,162 crore on a consolidated level while the same on a standalone basis would have been Rs 10,606 crore.
