Search results for 'Investors Service'

'Investments Of Over Rs 4 Trillion To Create 100,000 Jobs'

'Investments Of Over Rs 4 Trillion To Create 100,000 Jobs'

Rediff.com24 Feb 2025

'The size of the investments is important, but equally crucial is the number of jobs that these proposals create.'

'Digital Arrest?' Don't Panic!

'Digital Arrest?' Don't Panic!

Rediff.com5 May 2025

Targets should avoid panicking and hang up. 'Disconnecting stops the scammers from building psychological pressure.'

Sensex ends 322 points lower on selling in IT & Teck stocks

Sensex ends 322 points lower on selling in IT & Teck stocks

Rediff.com3 Apr 2025

From the Sensex pack, Tata Consultancy Services, HCL Technologies, Tech Mahindra, Infosys, Tata Motors, Bajaj Finance, Kotak Mahindra Bank, Mahindra & Mahindra, Bharti Airtel and Maruti Suzuki India, Tata Steel were the major laggards. PowerGrid, Sun Pharmaceuticals, UltraTech Cement, NTPC, Asian Paints, Nestle India, Titan, IndusInd Bank and Axis Bank were among the gainers.

Investors become richer by Rs 128.77 lakh cr in FY24

Investors become richer by Rs 128.77 lakh cr in FY24

Rediff.com28 Mar 2024

Riding on a bull run, equity investors became richer by Rs 128.77 lakh crore in the 2023-24 fiscal, driven by robust fundamentals of the Indian economy, increased investment inflows and promising corporate earnings. After a muted performance in 2022-23, equity markets made a remarkable recovery in FY24, giving handsome returns to investors. The 30-share BSE Sensex climbed 14,659.83 points or 24.85 per cent in 2023-24.

No sign of slowing in demat account surge as markets attract new investors

No sign of slowing in demat account surge as markets attract new investors

Rediff.com9 May 2024

The number of dematerialised (demat) accounts required to hold shares and other securities in electronic format rose by 3.1 million in April, bringing the total tally to a fresh record of 154.5 million. Since December last year, the new additions have consistently remained above the 3 trillion mark, a sign that the stock markets continue to attract new investors despite a spike in volatility.

Relentless FII selling hits market sentiments; Sensex down 200 points

Relentless FII selling hits market sentiments; Sensex down 200 points

Rediff.com14 Feb 2025

From the 30-share blue-chip pack, Adani Ports dropped over 4 per cent. UltraTech Cement, Sun Pharma, IndusInd Bank, NTPC and Tata Steel were also the among the laggards. Nestle, ICICI Bank, Infosys, Tata Consultancy Services and HCL Tech were among the gainers.

Now, Insurance For Money Loss From Online Scams

Now, Insurance For Money Loss From Online Scams

Rediff.com29 Apr 2025

In an age where personal data is a valuable commodity, investing in cyber insurance is not just a prudent choice; it is becoming a necessity for individuals and families alike, says T A Ramalingam.

Investors become poorer by Rs 6 lakh cr as markets crash

Investors become poorer by Rs 6 lakh cr as markets crash

Rediff.com28 Feb 2024

Investors' wealth eroded by Rs 6 lakh crore in a single day on Wednesday as the BSE benchmark Sensex tumbled over 790 points. The 30-share BSE Sensex fell by 790.34 points or 1.08 per cent to settle at 72,304.88. During the day, it slumped 872.93 points or 1.19 per cent to 72,222.29.

'Pay Your Credit Card Loan ASAP'

'Pay Your Credit Card Loan ASAP'

Rediff.com29 Apr 2025

rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries

FPIs' incessant selling continues; withdraw Rs 7,300 cr

FPIs' incessant selling continues; withdraw Rs 7,300 cr

Rediff.com9 Feb 2025

The exodus of FPIs from the Indian equity markets continued unabated, as they withdrew over Rs 7,300 crore (about $840 million) in the first week of this month due to global trade tensions, with the US imposing tariffs on countries such as Canada, Mexico, and China. This came following an outflow of Rs 78,027 crore in the entire January. Before that, they invested Rs 15,446 crore in December, data with the depositories showed.

Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

Rediff.com17 Apr 2024

Just ahead of its mega FPO opening to public investors, Vodafone Idea (VIL) has announced closure of its anchor book allocation, raising about Rs 5,400 crore from marquee global as well as domestic investors, according to a statutory filing by the telco. This could be the third-largest anchor book after One 97 Communications and Life Insurance Corporation (LIC). One 97 Communications and LIC had raised Rs 8,235 crore and Rs 5,627 crore in the anchor round, respectively.

Sensex, Nifty end in red on rising India-Pak tensions

Sensex, Nifty end in red on rising India-Pak tensions

Rediff.com8 May 2025

From the Sensex firms, Eternal, Mahindra & Mahindra, Maruti, Bajaj Finance, Tata Steel, Bharti Airtel, Bajaj Finserv, Asian Paints, Power Grid and State Bank of India were among the laggards. Kotak Mahindra Bank, Axis Bank, Titan, HCL Tech, Tata Motors, Infosys and Tata Consultancy Services were the gainers.

Why Nifty tanked over 14% from its record peak

Why Nifty tanked over 14% from its record peak

Rediff.com26 Feb 2025

Equity benchmark indices are facing massive corrections, with the NSE Nifty declining over 14 per cent from its lifetime high hit in September last year due to several negative triggers like stretched valuations, foreign fund exodus, disappointing quarterly earnings and rising global trade tensions dragging markets lower. The BSE benchmark Sensex hit its record peak of 85,978.25 on September 27 last year, and the Nifty also reached a lifetime high of 26,277.35 on the same day.

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Rediff.com8 May 2025

Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.

Boardroom gaps: Public-sector undertakings' governance under lens

Boardroom gaps: Public-sector undertakings' governance under lens

Rediff.com12 Apr 2025

Stock exchanges' levy of penalties, ranging from Rs 3 lakh to Rs 12 lakh, on public-sector undertakings (PSUs) for lapses in board composition for the 2024-25 October-December quarter has brought forth issues of governance. Last month, 16 PSUs requested bourses to waive these penalties, arguing that these lapses were neither due to negligence nor within their control, as the appointment of directors is managed by the government.

Sensex rallies 610 points to reclaim 74,000

Sensex rallies 610 points to reclaim 74,000

Rediff.com6 Mar 2025

From the Sensex pack, Asian Paints, NTPC, Reliance Industries, Tata Steel, Bajaj Finserv, Hindustan Unilever, Sun Pharmaceuticals, Adani Ports & SEZ, Axis Bank, Tata Consultancy Services, Titan and Bajaj Finance were the major gainers. Tech Mahindra, Kotak Mahindra Bank, Zomato, Tata Motors, and IndusInd Bank were the laggards.

Equity mutual funds cash rich even as inflows decline

Equity mutual funds cash rich even as inflows decline

Rediff.com25 Mar 2025

Equity mutual fund (MF) schemes were flush with cash at the start of this month, even as fresh investments shrank in February. As of February 28, equity schemes from the top 20 fund houses held 6.8 per cent of their portfolios in cash, up from 6.1 per cent in January and 5.9 per cent in December 2024, according to a report by Motilal Oswal Financial Services.

IT stocks bleed: Nifty IT at 9-mth low

IT stocks bleed: Nifty IT at 9-mth low

Rediff.com13 Mar 2025

Information technology (IT) stocks ended at their lowest in nearly nine months after a fresh bout of selling, triggered by concerns over a recession in the US, the key market for domestic software exporters. A report by Morgan Stanley citing risks to growth also weighed on sentiment.

He Wants To Set Up Fuel Stations In Space!

He Wants To Set Up Fuel Stations In Space!

Rediff.com20 Feb 2025

'It is our duty to keep space sustainable and free of debris.'

What's in store for mutual fund investors in 2024?

What's in store for mutual fund investors in 2024?

Rediff.com30 Jan 2024

The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds.

'Shuks Is A New Generation Of Astronaut'

'Shuks Is A New Generation Of Astronaut'

Rediff.com11 Jun 2025

'He's gonna inspire billions of girls and boys.'

VC, PE funds bet big on traditional sectors

VC, PE funds bet big on traditional sectors

Rediff.com27 Mar 2025

Venture capital (VC) and private equity (PE) funds had, in 2024, taken bets on traditional businesses rather than tech-first domains like consumer tech, software as a service (SaaS) and software. According to data from Bain & Co, Pitchbook, Venture Intelligence, VCC Edge and AVCJ, prominent VC funds like PeakXV saw their share in this traditional space go up sharply from 14 per cent in 2023 to 23 per cent in 2024.

Sensex surges 740 points, closes above 73K

Sensex surges 740 points, closes above 73K

Rediff.com5 Mar 2025

From the Sensex pack, Adani Ports, Tata Steel, Power Grid, Mahindra & Mahindra, NTPC, Tech Mahindra, Tata Motors, ITC, Nestle India, HCL Technologies, Bharti Airtel, State Bank of India, Asian Paints and Kotak Mahindra Bank were the gainers. Bajaj Finance, IndusInd Bank, HDFC Bank, and Zomato were the laggards.

Muthoot, Manappuram Finance may shine amid rising gold prices: Analysts

Muthoot, Manappuram Finance may shine amid rising gold prices: Analysts

Rediff.com6 Mar 2025

A lower risk appetite among investors has driven gold, traditionally a safe-haven asset, to record highs so far this year. Fuelled by geopolitical tensions in West Asia, robust demand from central banks - particularly in Asia - and US President Donald Trump's tariff volleys, spot gold touched an all-time high of $2,956 per ounce on February 24 in the international markets.

Gold rises Rs 70 to hit a fresh peak of Rs 98,170/10g

Gold rises Rs 70 to hit a fresh peak of Rs 98,170/10g

Rediff.com17 Apr 2025

Gold prices rose by Rs 70 to hit yet another record high of Rs 98,170 per 10 grams in the national capital on Thursday amid firm global demand, according to the All India Sarafa Association. On Wednesday, the precious metal of 99.9 per cent purity soared by Rs 1,650 to hit an all-time high of Rs 98,100 per 10 grams.

Markets end in red on profit-booking by investors

Markets end in red on profit-booking by investors

Rediff.com12 Dec 2023

Among the Sensex firms, IndusInd Bank, Maruti, Titan, Reliance Industries, NTPC, Mahindra & Mahindra, Larsen & Toubro, Kotak Mahindra Bank and HDFC Bank were the major laggards. UltraTech Cement, JSW Steel, Axis Bank, Tata Consultancy Services, Wipro and ITC were the major gainers.

Sensex surges 1310 points as US suspends additional 26% tariffs on India till July 9

Sensex surges 1310 points as US suspends additional 26% tariffs on India till July 9

Rediff.com11 Apr 2025

From the Sensex firms, Tata Steel, Power Grid, NTPC, Kotak Mahindra Bank, Reliance Industries and Adani Ports were among the biggest gainers. Asian Paints and Tata Consultancy Services were the only laggards.

Sensex slumps over 400 pts on selloff in IT, banking stocks

Sensex slumps over 400 pts on selloff in IT, banking stocks

Rediff.com17 Jan 2025

Zomato emerged as the biggest gainer, followed by Reliance, Nestle, Asian Paints and Power Grid.

Will 2024 be a happy year for equity investors?

Will 2024 be a happy year for equity investors?

Rediff.com31 Dec 2023

tailwinds of a remarkable year and handsome investor returns, Indian equities are set for an eventful journey in 2024, with a slew of local and global cues -- varying from interest rates to Lok Sabha polls to geopolitical happenings. Analysts are of the view that the bull run in the domestic equity market will continue, and over the next 3-6 months, the benchmark indices -- Sensex and Nifty -- could climb up to 7 per cent. In 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent, and the NSE Nifty climbed 3,626.1 points or 20 per cent.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com3 Feb 2025

RBI's interest rate decision, quarterly earnings and global cues would be the major driving factors for equity markets this week, analysts said adding that the impact of the Union Budget could linger on this week. Trading activity of foreign investors will also be a key driver for the markets, experts noted. "US and India's manufacturing PMI for January to be released on Monday, will be the key macro data to watch out for.

Sensex, Nifty tumble nearly 1% on foreign fund outflows

Sensex, Nifty tumble nearly 1% on foreign fund outflows

Rediff.com9 Jan 2025

From the 30-share Sensex blue-chip pack, Tata Steel, Zomato, Larsen & Toubro, Tata Motors, Adani Ports, Tata Consultancy Services, HDFC Bank and NTPC were the major laggards. Nestle, Hindustan Unilever, Mahindra & Mahindra, Kotak Mahindra Bank, Asian Paints and Bharti Airtel were among the gainers.

Markets settle lower after RBI policy; Sensex sheds 109 points

Markets settle lower after RBI policy; Sensex sheds 109 points

Rediff.com7 Feb 2025

State Bank of India, Adani Ports, Tata Consultancy Services, ICICI Bank, Reliance Industries and PowerGrid were also among the laggards.

Growth jitters take a 'byte' out of TCS

Growth jitters take a 'byte' out of TCS

Rediff.com27 Feb 2025

Shares of Tata Consultancy Services (TCS), the country's largest IT services provider, continue to remain under pressure, hitting a new eight-month low of Rs 3,624.90 intraday on Tuesday before closing at Rs 3,631, down 1.19 per cent. In the past two trading sessions, the stock price has declined 4 per cent on fears of a slowing US economy.

Allianz to explore new avenues in India after exit from Bajaj JVs

Allianz to explore new avenues in India after exit from Bajaj JVs

Rediff.com26 Mar 2025

Munich-based Allianz will explore new opportunities in the Indian insurance market not only as an investor but also as an operator, the company told Business Standard on Tuesday. "India will continue to be one of Allianz's main growth markets, and Allianz will explore new opportunities to further grow its participation in the Indian insurance market in the future, not only as an investor but also as an operator," the company said.

Sensex falls below 73K on relentless FII selling

Sensex falls below 73K on relentless FII selling

Rediff.com4 Mar 2025

From the Sensex pack, Nestle India, HCL Technologies, Tech Mahindra, Bharti Airtel, Titan, Infosys, Asian Paints, NTPC, Bajaj Finserv and Sun Pharmaceuticals were among the laggards. State Bank of India, IndusInd Bank, Zomato, Power Grid, ICICI Bank, Tata Motors, Mahindra & Mahindra, Tata Consultancy Services and Adani Ports were the gainers.

Sensex climbs 557 points; bank stocks rally

Sensex climbs 557 points; bank stocks rally

Rediff.com21 Mar 2025

From the Sensex pack, NTPC, Bajaj Finance, Kotak Mahindra Bank, Axis Bank, Nestle, Larsen & Toubro, Tata Motors, ICICI Bank, Power Grid and Zomato were among the gainers. However, Infosys, Tata Steel, Mahindra & Mahindra, Titan and Bajaj Finserv were among the laggards.

Investors become richer by Rs 13.22 lakh cr as markets bounce back

Investors become richer by Rs 13.22 lakh cr as markets bounce back

Rediff.com5 Jun 2024

A day after facing massive erosion from their wealth, equity investors became richer by Rs 13.22 lakh crore on Wednesday with markets making a strong comeback. The 30-share BSE Sensex jumped 2,303.19 points, or 3.20 per cent, to settle at 74,382.24. During the day, it rallied 2,455.77 points, or 3.40 per cent, to 74,534.82.

Trade war fears spook markets; Sensex falls 319 points

Trade war fears spook markets; Sensex falls 319 points

Rediff.com3 Feb 2025

From Sensex shares, Larsen & Toubro, Tata Motors, Hindustan Unilever, Asian Paints, ITC, Power Grid, NTPC and Reliance Industries were the major laggards. Among the gainers, Bajaj Finance jumped over 5 per cent. Mahindra & Mahindra, Bajaj Finserv, Bharti Airtel and Maruti also ended higher.

Sensex spurts 454 points; Nifty closes above 23,300

Sensex spurts 454 points; Nifty closes above 23,300

Rediff.com20 Jan 2025

Bajaj Finance, Bajaj Finserv, NTPC, State Bank of India, Power Grid, HDFC Bank, Tech Mahindra and Asian Paints were the other gainers. However, Zomato, Adani Ports, Tata Consultancy Services, Mahindra & Mahindra, Maruti and Tata Motors were among the laggards.

Bear attack makes investors poorer by Rs 31 lakh cr

Bear attack makes investors poorer by Rs 31 lakh cr

Rediff.com4 Jun 2024

Equity investors suffered a massive loss of Rs 31 lakh crore on Tuesday as markets went into a tailspin with the BSE Sensex tumbling nearly 6 per cent as vote counting trends showed the BJP may not have a clear majority in the Lok Sabha polls. Erasing the record-rally of the previous trade, the 30-share BSE Sensex cracked 4,389.73 points or 5.74 per cent to settle at 72,079.05. During the day, the benchmark tanked 6,234.35 points or 8.15 per cent to hit a nearly five-month low of 70,234.43.