Search results for ' M&'

Sensex, Nifty soar to fresh lifetime highs

Sensex, Nifty soar to fresh lifetime highs

Rediff.com18 Dec 2019

M&M was the top gainer in the Sensex pack, surging 3.37 per cent, followed by Sun Pharma 2.53 per cent, Asian Paints 1.88 per cent, ITC 1.66 per cent, HDFC Bank 1.58 per cent and Tech Mahindra 1.51 per cent.

Sensex soars 879 pts as India begins to unlock

Sensex soars 879 pts as India begins to unlock

Rediff.com1 Jun 2020

Bajaj Finance was the top gainer in the Sensex pack, rising around 11 per cent, followed by Titan, Tata Steel, SBI, M&M, HDFC, IndusInd Bank and Reliance Industries. On the other hand, Sun Pharma, Nestle India and UltraTech Cement were among the laggards.

Sensex ends 71 pts lower; FMCG, energy stocks crack

Sensex ends 71 pts lower; FMCG, energy stocks crack

Rediff.com16 Dec 2019

ITC was the top loser in the Sensex pack, shedding 1.97 per cent, followed by Tata Steel 1.80 per cent, HUL 1.57 per cent, Vedanta 1.44 per cent, Bharti Airtel 1.37 per cent and M&M 1.35 per cent.

Mahindra XUV700: A powerhouse that ushers in a new era of excellence

Mahindra XUV700: A powerhouse that ushers in a new era of excellence

Rediff.com21 Aug 2021

Is the XUV700 just a facelifted XUV500 or is it a completely new breed in the vast range of SUVs available today? Rajesh Karkera takes the latest offering from the Mahindra stable for a spin to find out.

Investor wealth tumbles over Rs 8 lakh cr in 5 days

Investor wealth tumbles over Rs 8 lakh cr in 5 days

Rediff.com18 Mar 2021

Equity investors became poorer by over Rs 8 lakh crore in five days of market plunge. The BSE benchmark has lost 2,062.99 points or 4 per cent in five trading sessions. On Thursday, the 30-share BSE benchmark tanked 585.10 points or 1.17 per cent to close at 49,216.52. Following the bearish trend, the market capitalisation of BSE-listed companies declined by Rs 804,216.71 crore to Rs 2,01,22,436.75 crore in five days.

D-Street in bear hug; heavyweights drag Sensex down 585 points

D-Street in bear hug; heavyweights drag Sensex down 585 points

Rediff.com18 Mar 2021

HCL Tech was the top loser in the Sensex pack, shedding around 4 per cent, followed by Infosys, Dr Reddy's, TCS, Reliance Industries, Tech Mahindra and NTPC. NSE Nifty slumped 163.45 points to 14,557.85.

Lacklustre day for Sensex, ends 127 pts higher

Lacklustre day for Sensex, ends 127 pts higher

Rediff.com23 Oct 2020

Equity benchmark Sensex ended 127 points higher on Friday, primarily led by gains in auto, metal and power sector stocks amid positive cues from global markets.

Sensex, Nifty advance on gains in IT, FMCG stocks

Sensex, Nifty advance on gains in IT, FMCG stocks

Rediff.com15 Nov 2021

Stock market barometers Sensex and Nifty ended marginally higher on Monday as rise in wholesale inflation capped early gains despite a positive trend in global markets. The 30-share index settled 32.02 points or 0.05 per cent higher at 60,718.71 with half of its constituents ending in green. The broad based Nifty edged up 6.70 points or 0.04 per cent to close at 18,109.45.

Coronavirus: Supply disruption puts car sales in slow lane

Coronavirus: Supply disruption puts car sales in slow lane

Rediff.com2 Mar 2020

Companies also said confidence was yet to return among buyers, with many holding back their decision to buy cars.

Adani group to be India's 2nd-largest cement manufacturer

Adani group to be India's 2nd-largest cement manufacturer

Rediff.com16 May 2022

Billionaire Gautam Adani on Sunday won the race to acquire Swiss cement major Holcim's stake in Ambuja Cements and its subsidiary ACC for $10.5 bn (around Rs 81,361 crore), including the open offers. The Adani family, through an offshore special-purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Holcim Ltd's entire stake in two of India's leading cement companies -- Ambuja Cements and ACC -- the Adani group said in a statement. The group outbid Ultratech and JSW group to enter the cement industry and also emerge as the country's second-largest cement manufacturer, with 70 million tonnes of capacity annually.

Investor wealth worth Rs 19.49 lakh cr wiped out in 4 days of mkt fall

Investor wealth worth Rs 19.49 lakh cr wiped out in 4 days of mkt fall

Rediff.com19 Mar 2020

In four days, Sensex has fallen by 5,815.25 points. From the 30-share pack, 22 companies closed the day lower, led by Bajaj Finance, Maruti Suzuki India, Axis Bank, M&M, Tech Mahindra and ONGC, plunging up to 10.24 per cent.

Stocks You Must AVOID or EXIT

Stocks You Must AVOID or EXIT

Rediff.com26 Apr 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

The XUV300 is Mahindra's secret weapon!

The XUV300 is Mahindra's secret weapon!

Rediff.com21 Dec 2018

The auto major is eyeing 20 per cent of the compact SUV market with the petrol and diesel variants of the XUV300, reports Shally Seth Mohile.

Sensex ends 70 points higher; Airtel rallies 8%

Sensex ends 70 points higher; Airtel rallies 8%

Rediff.com15 Nov 2019

Other gainers included SBI, Kotak Bank, Sun Pharma, Tata Motors, M&M and Tata Steel, rising up to 5.19 per cent.

Sensex, Nifty end at record highs; Infosys rallies 5%

Sensex, Nifty end at record highs; Infosys rallies 5%

Rediff.com13 Jan 2020

IndusInd Bank, Bharti Airtel, HUL, M&M, Tata Steel, PowerGrid and Tech Mahindra too ended with gains on the BSE.

Sebi amends delisting rules to make M&A more convenient

Sebi amends delisting rules to make M&A more convenient

Rediff.com7 Dec 2021

Sebi has amended rules pertaining to delisting of equity shares of a company following an open offer as part of efforts to make merger and acquisition transactions for listed companies more convenient. Under the new framework, promoters or acquirers need to disclose their intention to delist the firm through an initial public announcement, according to a notification. If the acquirer is desirous of delisting the target company, the acquirer must propose a higher price for delisting with suitable premium over open offer price. In case the open offer is for an indirect acquisition, the open offer price and indicative price will be notified by the acquirer at the time of making the detailed public statement and in the letter of offer.

Sensex rises 416 pts; financial stocks steal the show

Sensex rises 416 pts; financial stocks steal the show

Rediff.com27 Apr 2020

IndusInd Bank was the top gainer in the Sensex pack, rallying over 6 per cent, ahead of its earnings announcement. Axis Bank, Kotak Bank, ICICI Bank and Bajaj Finance too surged up to 5 per cent. On the other hand, NTPC, M&M, HDFC Bank, Bharti Airtel and ITC were the laggards.

Sensex ends 86 points higher; Nifty below 11,900

Sensex ends 86 points higher; Nifty below 11,900

Rediff.com7 Jun 2019

Top gainers in the Sensex pack on Friday included IndusInd Bank, Bajaj Finance, M&M, SBI, ICICI Bank and Vedanta, rising up to 1.90 per cent.

Why M&As are on the rise in Indian tech firms

Why M&As are on the rise in Indian tech firms

Rediff.com6 Jul 2018

In the last couple of months, the IT and BPO space has seen a big uptick in M&A activities, with companies merging with other entities to become bigger players.

Financial, IT stocks drag Sensex down 536 points

Financial, IT stocks drag Sensex down 536 points

Rediff.com24 Apr 2020

Bajaj Finance was the top laggard in the Sensex pack, dropping over 9 per cent, followed by Axis Bank, IndusInd Bank, HDFC, ICICI Bank and M&M. Reliance Industries, however, capped the losses by rallying over 3 per cent. Sun Pharma, Hero MotoCorp, L&T, PowerGrid and Bajaj Auto were also among the gainers.

Sensex catches global 'flu'; ends in red for 5th day

Sensex catches global 'flu'; ends in red for 5th day

Rediff.com27 Feb 2020

ONGC was the top loser in the Sensex pack, followed by HCL Tech, SBI, ICICI Bank, IndusInd Bank, Hero MotoCorp and M&M.

Bankruptcy will influence M&A trend in 2018

Bankruptcy will influence M&A trend in 2018

Rediff.com2 Jan 2018

Banks have Rs 10 trillion in stressed assets - Rs 7.8 trillion of bad loans and Rs 2.2 trillion of restructured ones.

Auto sector in recovery mode; Maruti's July sales up 1.3%

Auto sector in recovery mode; Maruti's July sales up 1.3%

Rediff.com1 Aug 2020

While sales of compact cars, including models such as Swift, Celerio, Ignis, Baleno and Dzire declined, sales of utility vehicles, including Vitara Brezza, S-Cross and Ertiga, increased 26.3 per cent to 19,177 units as compared to 15,178 in the year-ago month.

Sensex drops 470 points; Nifty slips below 9K

Sensex drops 470 points; Nifty slips below 9K

Rediff.com13 Apr 2020

Bajaj Finance was the top laggard in the Sensex pack, slumping over 10 per cent, followed by M&M, Titan, Hero MotoCorp, ICICI Bank and Tech Mahindra. On the other hand, L&T, Bharti Airtel, IndusInd Bank, UltraTech Cements and NTPC were among the gainers.

ASK AJIT: Stocks You Must Exit

ASK AJIT: Stocks You Must Exit

Rediff.com31 Mar 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Sensex extends losses amid F&O expiry; L&T slump

Sensex extends losses amid F&O expiry; L&T slump

Rediff.com29 Oct 2020

L&T was the top loser in the Sensex pack, dropping 4.99 per cent, after the engineering major posted a 45 per cent decline in consolidated net profit for the September quarter. Titan, ONGC, Axis Bank, HUL, NTPC, M&M and HDFC were the other major laggards, shedding up to 3.32 per cent. NSE Nifty fell 58.80 points or 0.50 per cent to 11,670.80.

Sensex sinks 540 pts as Amazon-RIL clash spooks investors

Sensex sinks 540 pts as Amazon-RIL clash spooks investors

Rediff.com26 Oct 2020

Bajaj Auto was the top laggard in the Sensex pack, tumbling around 6 per cent, followed by M&M, Reliance Industries (RIL), Tata Steel, Tech Mahindra, SBI, Axis Bank and ICICI Bank. NSE Nifty tumbled 162.60 points or 1.36 per cent to 11,767.75.

'Don't invest all your savings in the stock market'

'Don't invest all your savings in the stock market'

Rediff.com21 Jan 2022

Ajit Mishra, vice president, research, Religare Broking, answers your stock market queries.

Sensex, Nifty end marginally lower on F&O expiry

Sensex, Nifty end marginally lower on F&O expiry

Rediff.com25 Jun 2020

Asian Paints was the top loser in the Sensex pack, shedding 3.30 per cent, followed by Infosys, HCL Tech, ONGC, M&M, TCS, IndusInd Bank and L&T. On the other hand, ITC, Kotak Bank, Bajaj Finance, HUL and ICICI Bank were among the gainers, spurting up to 5.45 per cent.

Falling car sales reflects in Nifty Auto's 3-year low

Falling car sales reflects in Nifty Auto's 3-year low

Rediff.com20 Jul 2019

An analysis of past 20 years' demand cycles done by Edelweiss Securities indicates that the auto sector is currently in the middle of a down cycle. Volume recovery, they say, is unlikely to be as sharp as in the past, unless there is strong fiscal support.

Sensex rises 83 points; energy, metal stocks climb

Sensex rises 83 points; energy, metal stocks climb

Rediff.com18 Sep 2019

Top gainers in the Sensex pack included Tata Steel, Vedanta, SBI, Tech Mahindra, Bajaj Finance, Asian Paints, M&M, NTPC and PowerGrid, rising up to 3.95 per cent.

Sensex rallies 637 pts; biggest one-day jump in 11 weeks

Sensex rallies 637 pts; biggest one-day jump in 11 weeks

Rediff.com8 Aug 2019

Top gainers in the Sensex pack included HCL Tech, Tata Motors, M&M, Bajaj Auto, RIL, Hero MotoCorp, Yes Bank, Maruti, HDFC Bank and Bajaj Finance, which surged up to 6.43 per cent.

Ford to shut its 2 India plants; to sell only imported cars

Ford to shut its 2 India plants; to sell only imported cars

Rediff.com9 Sep 2021

US auto major Ford Motor Co will shut its two manufacturing plants in India and will sell only imported vehicles in the country as part of a restructuring exercise, according to people aware of the development. The company, which invested about USD 2.5 billion at its Chennai (Tamil Nadu) and Sanand (Gujarat) plants, will stop selling vehicles such as the EcoSport, Figo and Aspire which are produced from these plants. Going ahead, it would only sell imported vehicles like Mustang in the country.

Sensex rises 125 points; Yes Bank soars 13%

Sensex rises 125 points; Yes Bank soars 13%

Rediff.com11 Sep 2019

Tata Motors, Maruti, Tata Steel, Vedanta, Bajaj Auto, IndusInd Bank, SBI, Hero MotoCorp, M&M, Asian Paints, Axis Bank, RIL and L&T too jumped up to 10.21 per cent.

Elon Musk's troubled tryst with India: Tesla, Starlink in limbo for over a year

Elon Musk's troubled tryst with India: Tesla, Starlink in limbo for over a year

Rediff.com30 May 2022

Recently, world headlines buzzed with Elon Musk's announcement that he was shelving his audacious bid for social media platform Twitter. Away from the media spotlight, questions are being asked about the maverick billionaire's plans in India, too. A few days ago, a Reuters report said Musk's flagship Tesla had put on hold its plan to launch electric cars in India.

Carmakers clock high growth on low base

Carmakers clock high growth on low base

Rediff.com2 Jul 2018

Data available from top six players - Maruti Suzuki, Hyundai, M&M, Tata Motors, Honda and Toyota - shows an average growth of about 42 per cent for the industry in June

Mahindra and Mahindra sets aggressive goals for farm equipment business

Mahindra and Mahindra sets aggressive goals for farm equipment business

Rediff.com4 Jul 2018

M&M also plans to significantly increase its play in the domestic market where it is already ahead of its rivals Tafe, Escorts, Sonalika Tractors by a wide margin

Nifty hits new peak, Sensex rises marginally

Nifty hits new peak, Sensex rises marginally

Rediff.com3 Dec 2020

Domestic equity benchmarks ended marginally higher on Thursday, with the Nifty settling at a fresh record, amid mixed cues from global markets.

Markets begin 2021 with a bang; Nifty closes above 14k

Markets begin 2021 with a bang; Nifty closes above 14k

Rediff.com1 Jan 2021

Among major Sensex gainers, ITC rose the most by 2.32 per cent, followed by TCS, M&M, SBI and Bharti Airtel.

Sensex surges 364 points; financial stocks lead rally

Sensex surges 364 points; financial stocks lead rally

Rediff.com24 Aug 2020

Kotak Bank was the top gainer in the Sensex pack, rising over 3 per cent, followed by IndusInd Bank, Bajaj Finance, HDFC Bank, ICICI Bank, Bajaj Finserv, Maruti and SBI.