News for '-bo'

China reported nearly 250mn Covid cases in just 20 days: Report

China reported nearly 250mn Covid cases in just 20 days: Report

Rediff.com24 Dec 2022

The report came at the time when British-based health data firm Airfinity, said that the infections in China are likely to be more than one million a day with deaths at more than 5,000 a day.

Blood stains on floor of Warne's room: Thai Police

Blood stains on floor of Warne's room: Thai Police

Rediff.com6 Mar 2022

According to the Koh Samui's Bo Phut police station superintendent Yuttana Sirisomba, Warne had "seen a doctor about his heart" recently, following which they have ruled out treating it as suspicious death.

Ramiz Raja set to become Pakistan Cricket Board chief

Ramiz Raja set to become Pakistan Cricket Board chief

Rediff.com27 Aug 2021

Ramiz Raja was part of the 1992 World Cup-winning Pakistan team captained by Imran Khan.

Sports Shorts: Mumbai to host IOC session in 2023

Sports Shorts: Mumbai to host IOC session in 2023

Rediff.com19 Feb 2022

Indian Pro boxer Chandni goes down to Shin Bo in WBO Asia Pacific title clash.

What are the key triggers for the Indian markets?

What are the key triggers for the Indian markets?

Rediff.com4 Jul 2023

Equity and oil markets can breathe easy for now, as the developments in Russia are unlikely to trigger a runaway rally in crude oil prices, said analysts. India, which imports nearly 80 per cent of its crude oil requirement, has been dependent on cheap Russian oil over the past few months to keep inflation - a sore point for the equity markets - in check. For the Indian markets that are expected to remain volatile amid these developments, analysts believe, the progress of monsoon, fund flows - both foreign institutional investor (FII) and domestic - and the upcoming corporate earnings season back home remain key.

Markets end in red; Sensex tanks 461 points

Markets end in red; Sensex tanks 461 points

Rediff.com16 Dec 2022

Equity benchmarks Sensex and Nifty declined nearly 1 per cent on Friday, in tandem with a weak trend in overseas markets amid hawkish tone of global central banks. The 30-share BSE Sensex fell 461.22 points or 0.75 per cent to settle at 61,337.81. During the day, it tumbled 506.5 points or 0.81 per cent to 61,292.53.

Asian Games: India's schedule on October 4

Asian Games: India's schedule on October 4

Rediff.com4 Oct 2023

Following is India's schedule at the Asian Games in Hangzhou on Wednesday, October 4.

Why the 'sponsorless' mutual funds could be a good idea

Why the 'sponsorless' mutual funds could be a good idea

Rediff.com27 Jan 2023

The Securities and Exchange Board of India (Sebi) has just released a proposal to alter the regulations pertaining to the sponsor system for mutual funds. One of the reasons for the proposed changes is that there are two conflicting regulations that need to be clarified. The other reason is that the sponsor system may itself be outdated as it stands, and the proposed changes would allow new entities such as private equity funds and portfolio management services to enter this space.

How Do Star Kids Compare With Stars?

How Do Star Kids Compare With Stars?

Rediff.com23 Nov 2023

With an endless number of star kid debuts in the offing, we thought of looking at how this decade's brigade compares to their mums, dads, uncles or siblings.

Markets tumble over 1%; Sensex tanks 879 points

Markets tumble over 1%; Sensex tanks 879 points

Rediff.com15 Dec 2022

Equity benchmarks Sensex and Nifty faced heavy drubbing on Thursday, falling over 1 per cent each, in tandem with weak global markets following the US Federal Reserve's interest rate hike and its hawkish stance. The 30-share BSE Sensex tanked 878.88 points or 1.40 per cent to settle at 61,799.03. During the day, it tumbled 962.3 points or 1.53 per cent to 61,715.61.

No salary for Akash, Isha and Anant Ambani; fee for attending board meetings

No salary for Akash, Isha and Anant Ambani; fee for attending board meetings

Rediff.com26 Sep 2023

While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commission. His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm.

Public sector banks' total profit crosses Rs 1 lakh crore-mark in FY23

Public sector banks' total profit crosses Rs 1 lakh crore-mark in FY23

Rediff.com21 May 2023

Public sector banks' cumulative profit crossed the Rs 1 lakh crore-mark in the financial year ended March 2023, with market leader State Bank of India (SBI) accounting for nearly half of the total earnings. From posting a total net loss of Rs 85,390 crore in 2017-18, the Public Sector Banks (PSBs) have come a long way as their profit touched Rs 1,04,649 crore in 2022-23, according to an analysis of their financial results. These 12 PSBs witnessed 57 per cent increase in total profit compared to Rs 66,539.98 crore earned in 2021-22.

Privatisation of PSBs gets bankers' thumbs up

Privatisation of PSBs gets bankers' thumbs up

Rediff.com22 Dec 2022

Exuding confidence in sustaining the tempo of credit growth, public sector bankers said on Wednesday that consolidation in the public sector bank (PSB) space has given them a robust base to scale. The privatisation of PSBs can be done through divestment of government stake to a wider base of investors without haste. There is nothing to worry about at this point (high credit offtake) as underwriting standards and risk management are much better.

The Strange Death Of India's Pen King

The Strange Death Of India's Pen King

Rediff.com2 Feb 2022

If there is a morality tale here, it is that debt and death spare no king.

Meet Emily and Colombo

Meet Emily and Colombo

Rediff.com6 Feb 2021

Meet American supermodel Emily Ratajkowski's 'forever babe' Colombo.

Can Threads Be The 'Twitter Killer'?

Can Threads Be The 'Twitter Killer'?

Rediff.com24 Jul 2023

'If Threads doesn't become a distinct identity, and just a text version in the shadows of Instagram, then it may fizzle out.'

Lower bad loans push PSU banks' profitability in June quarter

Lower bad loans push PSU banks' profitability in June quarter

Rediff.com11 Aug 2022

Public sector banks have raked in more profits in the three months ended June on the back of a persistent decline in bad loans and the trend may have a positive bearing on their balance sheets in the coming quarters. In the June quarter, Bank of Maharashtra (BoM) and State Bank of India (SBI) were in the lowest quartile as far as Gross Non Performing Assets (NPAs) and net NPAs were concerned, according to an analysis of the quarterly financial numbers published by the public sector lenders. Cumulatively, all the 12 public sector banks reported a profit of about Rs 15,306 crore in the three months ended June, registering an annual growth of 9.2 per cent. However, leading public sector lenders -- SBI and PNB -- posted lower profits in the June quarter.

Anil Agarwal-led firm's takeover of Videocon scrapped

Anil Agarwal-led firm's takeover of Videocon scrapped

Rediff.com5 Jan 2022

A bankruptcy appeals court has scrapped billionaire Anil Agarwal-led Twin Star Technologies' winning bid to take over Videocon Industries Ltd on a plea by some creditors that the money offered imposed a steep Rs 62,000 crore haircut upon banks. The National Company Law Appellate Tribunal (NCLAT) asked creditors to initiate the fresh sale of Videocon, a consumer durables company manufacturing products ranging from air-conditioners to washing machines, for recovery of their unpaid Rs 64,637.6 crore. While a majority of lenders had previously accepted Twin Star Technologies' Rs 2,962.02 crore offer, Bank of Maharashtra (BoM) and IFCI Ltd dissented, saying the amount offered was close to the liquidation value of the bankrupt firm and that they cannot be paid less than the liquidation value.

When Liz Knocked Out Rishi

When Liz Knocked Out Rishi

Rediff.com6 Sep 2022

A newly painted mural in the Belfast city centre, Northern Ireland, soon after Liz was declared the winner.

Investors become poorer by Rs 5.78 lakh cr in two days of market fall

Investors become poorer by Rs 5.78 lakh cr in two days of market fall

Rediff.com16 Dec 2022

Investors' wealth tumbled over Rs 5.78 lakh crore in two days of market fall amid a weak trend in global markets after a host of central banks hiked interest rates and gave hawkish commentary. The 30-share BSE Sensex declined 461.22 points or 0.75 per cent to settle at 61,337.81 on Friday. In the previous trade, the BSE benchmark had tanked 878.88 points or 1.40 per cent to settle at 61,799.03.

Majority of Future group's secured creditors reject Reliance deal

Majority of Future group's secured creditors reject Reliance deal

Rediff.com23 Apr 2022

Shareholders of the six listed Future Group companies voted on Wednesday. Bankers said all the large lenders had rejected the proposal.

Gifts For Dad Under 5,000

Gifts For Dad Under 5,000

Rediff.com18 Jun 2022

Choose from a range of accessories to make his life easy, enjoyable and stress-free.

OYO may cut IPO size by 2/3rds

OYO may cut IPO size by 2/3rds

Rediff.com30 Mar 2023

SoftBank-backed hospitality major OYO is planning to reduce the number of shares it aims to sell through public listing because of reduced capital requirements and technology headwinds. This comes at a time when valuations of start-ups, including that of OYO, have taken a hit. "OYO earlier filed papers for its IPO (initial public offering) based on its funding requirements at the time.

Revealed: Our Banks' Financial Health

Revealed: Our Banks' Financial Health

Rediff.com12 May 2022

We'll need to wait a couple of years to see how many restructured loans turn bad and whether some banks fall victim to their obsession for growth, explains Tamal Bandyopadhyay.

FPIs seek six more months from FinMin to comply with PMLA tweaks

FPIs seek six more months from FinMin to comply with PMLA tweaks

Rediff.com15 Mar 2023

Foreign portfolio investors (FPIs) are likely to seek from the finance ministry a six-month extension of the date for complying with the amendments to the Prevention of Money-Laundering Act (PMLA), citing implementation challenges. Sources said FPIs, through their custodians, were planning to approach the ministry, highlighting key concerns and seeking more clarification. The ministry, through a notification on March 7, lowered the threshold for reporting ultimate beneficial ownership (UBO) for non-profit organisations and politically exposed persons to 10 per cent from 25 per cent.

10 stocks from 5 sectors to stay on Ferris wheel

10 stocks from 5 sectors to stay on Ferris wheel

Rediff.com13 Oct 2022

India's equity markets are on a roller-coaster ride, after delivering spectacular returns for two consecutive years - in 2020 and 2021. The benchmark National Stock Exchange's (NSE's) Nifty50 is down 1.5 per cent in the first nine months of the current calendar year 2022 (CY22) as foreign portfolio investors sold Indian stocks due to rising bond yields in the US and across global markets, including India. The sell-off in the Indian equity markets has, however, not been broad-based and largely limited to sectors facing earnings headwinds from rising interest rates, lower commodity and energy prices, and likely economic recession in advanced economies.

PSBs not going to raise bank charges in near future: FinMin

PSBs not going to raise bank charges in near future: FinMin

Rediff.com3 Nov 2020

The ministry of finance on Tuesday clarified that public sector banks (PSBs) have intimated they are not going to raise bank charges in the near future in view of the COVID-19 pandemic. The ministry's statement comes after several media reports citing steep increase in service charges by certain PSBs surfaced. No service charge is applicable on the 60.04 crore Basic Savings Bank Deposit (BSBD) accounts, including 41.13 crore Jan Dhan accounts opened by the poor segments of the society, as per the statement.

FPIs Pull Out A Record Rs 1.22 Trillion!

FPIs Pull Out A Record Rs 1.22 Trillion!

Rediff.com22 Dec 2022

FPIs have turned net sellers in 2022 after being net buyers in the last three years.

What are Kartik, Siddhant celebrating?

What are Kartik, Siddhant celebrating?

Rediff.com2 May 2022

GQ's 30 Most Influential Young Indians of 2022 includes start-ups, content creators, cultural influencers, artistes and film-makers who are risk takers and go-getters in their respective fields.

Denmark's PM postpones wedding for third time

Denmark's PM postpones wedding for third time

Rediff.com26 Jun 2020

The leader of Denmark's center-left Socialist Democratic party became the country's youngest prime minister last year at the age of 41.

PSBs up loan growth target as corporate demand revives

PSBs up loan growth target as corporate demand revives

Rediff.com14 Feb 2022

This is following revival of demand from the corporate sector and small and medium enterprises (SMEs), even as a nascent economic recovery is taking shape. Credit growth of scheduled commercial banks had accelerated to 9.2 per cent year-on-year (YoY) by the end of December 2021 after breaching the 7 per cent-mark in November, for the first time since April 2020.

The Most Googled Asian Stars of 2022

The Most Googled Asian Stars of 2022

Rediff.com16 Dec 2022

So who do *you* love to google?

Govinda Naam Mera Review: Not Fun

Govinda Naam Mera Review: Not Fun

Rediff.com16 Dec 2022

To name your movie after Bollywood's most dhinchak hero and craft something so dull borderlines on sacrilege, feels Sukanya Verma.

BoB director retires

BoB director retires

Rediff.com4 Feb 2003

Bank of Baroda director R C Trivedi retired.

Danish PM finally gets married after postponing it thrice

Danish PM finally gets married after postponing it thrice

Rediff.com16 Jul 2020

Mette, 42, exchanged vows with Bo Tengberg, 55, after being forced to cancel their wedding three times in a year, initially delaying their 2019 nuptials because of the general election, then earlier this year due to the pandemic, and finally bringing forward their special day from July 18, to attend an European Union Council meeting.

Four More Shots Please Season 3 Review: Ridiculous!

Four More Shots Please Season 3 Review: Ridiculous!

Rediff.com21 Oct 2022

When banal problems, drunken rants, liberally sprinkled swear words and WhatApp forwards kind of pretend profound lines run out, there is a lot of action between the sheets, observes Deepa Gahlot. Four More Shots Please Season 3

Das says 67% of decline in forex reserves due to valuation changes

Das says 67% of decline in forex reserves due to valuation changes

Rediff.com30 Sep 2022

Reserve Bank Governor Shaktikanta Das on Friday said 67 per cent of the decline in the foreign exchange reserves since April was due to valuation changes arising from strengthening US dollar and higher American bond yields. The forex reserves, which stood at $606.475 billion as on April 2, have declined to $537.5 billion as on September 23. It was also the eighth straight week when the reserves declined.

BoB-Dena-Vijaya Bank merger: What it means for their customers

BoB-Dena-Vijaya Bank merger: What it means for their customers

Rediff.com24 Dec 2018

The combined entity is set to be the third largest bank in India, behind State Bank of India and ICICI Bank.

BOI drags Future Retail to insolvency tribunal NCLT

BOI drags Future Retail to insolvency tribunal NCLT

Rediff.com14 Apr 2022

Public sector lender Bank of India has moved to the National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Future Retail Ltd and a moratorium over the assets of the Kishore Biyani-led debt-ridden firm. Besides, Bank of India (BOI), the lead banker of a consortium of banks that lent money to Future Retail Ltd (FRL), also suggested the insolvency tribunal appoint Vijay Kumar V Iyer as the interim professional of the company. Meanwhile FRL, in a regulatory filing, said it has been served and received a copy of the petition and is in the "process of taking legal advice".

Tatas now 100% owner of Air India as Air Asia sells stake

Tatas now 100% owner of Air India as Air Asia sells stake

Rediff.com3 Nov 2022

Ending its uncomfortable journey in India after eight years, Malaysia-based AirAsia Group on Wednesday said it has exited AirAsia India by selling its remaining 16.67 per cent stake to Tata Group-owned Air India for Rs 155.64 crore. Later in the day, Air India said it has begun the process of creating a single low-cost carrier subsidiary by merging AirAsia India and Air India Express. A working group consisting AirAsia India CEO Sunil Bhaskaran and Air India Express CEO Aloke Singh has been formed for the two carriers' integration, which is expected to take approximately 12 months, it added.