News for '-francis'

Competition, store expansion may weigh on Eternal's margins

Competition, store expansion may weigh on Eternal's margins

Rediff.com27 Oct 2025

Growth accelerated for Zomato operator Eternal in the second quarter of financial year 2026 (Q2FY26). Zomato's business to commerce (B2C) operations delivered a strong 57 per cent year-on-year (Y-o-Y) rise in net order value (NOV) to Rs 23,164 crore while consolidated revenue soared 183 per cent Y-o-Y (90 per cent Q-o-Q) to Rs 13,590 crore during the period, with like-for-like (LFL) growth of 65 per cent, and acceleration in the quick commerce (QC) segment, which recorded NOV growth of 137 per cent Y-o-Y (27 per cent Q-o-Q).

RBI keeps interest rates unchanged amid uncertainty over Trump's tariffs

RBI keeps interest rates unchanged amid uncertainty over Trump's tariffs

Rediff.com1 Oct 2025

The Reserve Bank of India (RBI) on Wednesday kept its policy interest rate unchanged at 5.5 per cent for the second consecutive time, citing concerns over tariff uncertainties.

Bullion boom aids ETF assets cross Rs 1 trn

Bullion boom aids ETF assets cross Rs 1 trn

Rediff.com9 Oct 2025

The gold and silver holdings of domestic mutual funds (MFs) crossed the Rs 1 trillion mark for the first time in September, powered by a blistering commodity rally that lifted precious metal prices and drew fresh inflows into dedicated MF schemes.

Improving asset quality, healthy loan growth positives for ICICI Bank

Improving asset quality, healthy loan growth positives for ICICI Bank

Rediff.com28 Oct 2025

ICICI Bank delivered satisfactory results in the second quarter of 2025-26 (Q2FY26), sustaining return on assets (RoA) of around 2.3-2.4 per cent and improving asset quality. Provisions declined 26 per cent year-on-year (Y-o-Y) and 50 per cent quarter-on-quarter (Q-o-Q).

Sebi sets Rs 25-cr minimum trade size for block deals

Sebi sets Rs 25-cr minimum trade size for block deals

Rediff.com8 Oct 2025

Markets regulator Sebi on Wednesday overhauled the block deal framework for stock exchanges, by setting a minimum trade size limit of Rs 25 crore and introducing two trading windows with tighter price limits and enhanced disclosure norms. The latest move by the Securities and Exchange Board of India (Sebi) aims to ensure greater transparency and efficiency in the execution of large trades.

RBI's Monetary Policy Committee sees scope for more rate cut

RBI's Monetary Policy Committee sees scope for more rate cut

Rediff.com18 Oct 2025

Even if the Reserve Bank of India's Monetary Policy Committee decided to hold interest rates in the October meeting, it acknowledged the scope for further rate cuts while waiting for the impact of the past steps to play out.

Women's WC: How India, SA made it to summit clash

Women's WC: How India, SA made it to summit clash

Rediff.com1 Nov 2025

The Harmanpreet Kaur-led India will be playing an ODI World Cup final for the third time, having finished runners-up in 2005 and 2017 to Australia and England, respectively. This will be South Africa's maiden appearance in the final.

NSE to conduct 1-hr Diwali Muhurat trading on Oct 21

NSE to conduct 1-hr Diwali Muhurat trading on Oct 21

Rediff.com22 Sep 2025

The National Stock Exchange (NSE) on Monday said it will conduct a special Muhurat trading session on Tuesday, October 21, to mark the festival of Diwali.

IPO-bound Tata Capital bets on green energy financing, tech push for growth

IPO-bound Tata Capital bets on green energy financing, tech push for growth

Rediff.com3 Oct 2025

Tata Capital Ltd, set to launch its IPO next week, has identified green financing and digital innovation as its core growth pillars, backed by the merger of its IFC-backed subsidiary Tata Cleantech Capital in 2024. By FY25, the cleantech and infrastructure finance book reached Rs 18,000 crore, growing at a 31.8 per cent CAGR over the last two years, the NBFC said on Friday.

Pope Francis likely to visit India after 2025: Union minister

Pope Francis likely to visit India after 2025: Union minister

Rediff.com7 Dec 2024

Union Minister George Kurian on Saturday said the much-awaited visit of Pope Francis to India is likely to happen after 2025, which has been announced as the 'Jubilee Year' by the Catholic Church.

Sebi Runs Lean Again As 2 Whole-time Member Positions Remain Vacant

Sebi Runs Lean Again As 2 Whole-time Member Positions Remain Vacant

Rediff.com11 Oct 2025

'Periods of vacancy, which have become more common in recent years, can affect the pace of decision-making.'

Sensex falls 388 points; Adani stocks rally

Sensex falls 388 points; Adani stocks rally

Rediff.com19 Sep 2025

Among Sensex firms, HCL Tech, ICICI Bank, Titan, Trent, Kotak Mahindra Bank, Hindustan Unilever, Mahindra & Mahindra and HDFC Bank were the major laggards. However, Adani Ports, Bharti Airtel, SBI, NTPC and Sun Pharma were among the gainers.

Sensex ends down 386 points on foreign fund outflows

Sensex ends down 386 points on foreign fund outflows

Rediff.com24 Sep 2025

Among Sensex firms, Tata Motors, Bharat Electronics, UltraTech Cement, Tech Mahindra, Mahindra & Mahindra, ICICI Bank, Tata Consultancy Services and Axis Bank were the major laggards. However, Power Grid, Hindustan Unilever, NTPC and HCL Tech were among the gainers.

NSE unique investors base crosses 12 cr; 1 in 4 are women

NSE unique investors base crosses 12 cr; 1 in 4 are women

Rediff.com25 Sep 2025

The unique investors' base on the National Stock Exchange of India (NSE) crossed the 12-crore mark on September 23, with the latest 1 crore addition taking place in just eight months, the bourse said on Thursday.

What Is Pope Francis Suffering From?

What Is Pope Francis Suffering From?

Rediff.com19 Feb 2025

'Assuming he has a sensitive bug, which is responsive to antibiotics, it may not necessarily be the worst-case scenario.'

Bulls prowl D-Street: Sensex jumps 716 points

Bulls prowl D-Street: Sensex jumps 716 points

Rediff.com1 Oct 2025

From the Sensex firms, Tata Motors jumped the most by 5.54 per cent, followed by Kotak Mahindra Bank, Trent, Sun Pharma, Axis Bank, and ICICI Bank. However, Bajaj Finance, State Bank of India, UltraTech Cement and Tata Steel were among the laggards.

Wholesale price inflation turns positive after 2 months, at 0.52% in Aug

Wholesale price inflation turns positive after 2 months, at 0.52% in Aug

Rediff.com15 Sep 2025

Wholesale price inflation (WPI) returned to the positive zone after two months at 0.52 per cent in August, as prices of food articles and manufactured items inched up, government data showed on Monday. WPI-based inflation was (-) 0.58 and (-) 0.19 per cent in July and June, respectively.

Sensex jumps 595 pts as India, US begin trade talks

Sensex jumps 595 pts as India, US begin trade talks

Rediff.com16 Sep 2025

Among Sensex firms, Kotak Mahindra Bank, Larsen & Toubro, Mahindra & Mahindra, Maruti, Bharti Airtel and Tata Steel were the major gainers. However, Asian Paints and Bajaj Finance were the laggards.

US tariffs: Only Sun Pharma exposed to some headline risk

US tariffs: Only Sun Pharma exposed to some headline risk

Rediff.com28 Sep 2025

The imposition of a 100 per cent tariff by the US on imports of branded and patented pharmaceutical products starting October 1 may not significantly hurt Indian drug makers, with Sun Pharma being exposed to some headline risk but with limited earnings impact, according to analysts. Among Indian companies, only Sun Pharma has sizeable sales from patented drugs in the US (about 17 per cent of 2024-25 revenue), HSBC Global Investment Research said in a report.

Indian priest elevated as cardinal by Pope Francis

Indian priest elevated as cardinal by Pope Francis

Rediff.com8 Dec 2024

The ceremony, held at the famous St Peter's Basilica and attended by clergy and dignitaries from around the world, witnessed the induction of 21 new cardinals from various countries.

Diane Keaton Had My Heart

Diane Keaton Had My Heart

Rediff.com13 Oct 2025

This weekend, we lost Diane Keaton, that piece of American heart, Hollywood's darling hummingbird. Thank God she is still alive in her films. Aseem Chhabra on the Hollywood star he was in love with.

Rekha Steals The Show At Shabana's 75th Party

Rekha Steals The Show At Shabana's 75th Party

Rediff.com19 Sep 2025

Old friend Boney Kapur hosted a party for Shabana Azmi's 75th birthday and a merry and wonderful time was had by all.

Gold surges Rs 2,200 to hit fresh high of Rs 116,200/10 gm

Gold surges Rs 2,200 to hit fresh high of Rs 116,200/10 gm

Rediff.com22 Sep 2025

Gold prices surged Rs 2,200 to hit a fresh peak of Rs 116,200 per 10 grams in the national capital on Monday buoyed by strong global cues as investors awaited key commentary from US Fed officials for policy direction. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 1,14,000 per 10 grams on Friday.

Equity MF inflows drop 22% in Aug on lower NFO activity

Equity MF inflows drop 22% in Aug on lower NFO activity

Rediff.com10 Sep 2025

Inflow in equity mutual funds dropped by 22 per cent to Rs 33,430 crore in August primarily due to a sharp fall in new fund offers (NFOs), data released by the Association of Mutual Funds in India (AMFI) showed on Wednesday. Also, the latest fund infusion by investors marks the 54th consecutive month of net inflows into the segment.

SLBM segments revised amid consecutive holidays

SLBM segments revised amid consecutive holidays

Rediff.com8 Sep 2025

The settlement cycle for cash, derivatives, and securities lending and borrowing mechanism (SLBM) segments has been revised after September 5 and September 8 were declared as settlement holidays by clearing corporations, markets regulator Sebi said on Monday.

BCCI approves Rs 1 lakh aid for cricketers' widows

BCCI approves Rs 1 lakh aid for cricketers' widows

Rediff.com25 Aug 2025

The Indian Cricketers' Association will introduce a one-time benefit of Rs 1 lakh for the spouses of deceased members after the BCCI approved its disbursal.

'Gold, Silver Are Long-Term Insurance'

'Gold, Silver Are Long-Term Insurance'

Rediff.com2 Oct 2025

'The world is heading into a period of serious problems, and gold and silver are among the few ways to protect oneself.'

Meta slams CCI's data sharing order; tells tribunal it's flawed

Meta slams CCI's data sharing order; tells tribunal it's flawed

Rediff.com16 Sep 2025

Meta on Tuesday argued before appellate tribunal NCLAT that the CCI had provided no reasons for imposing a 5-year ban on the sharing of data between Meta and WhatsApp for advertisement purposes, as its counsel alleged "flawed approach" and "seven misses" by the fair trade regulator in its order.

2 dead, 117 injured during 'Dahi Handi' festivities in Mumbai

2 dead, 117 injured during 'Dahi Handi' festivities in Mumbai

Rediff.com17 Aug 2025

Dahi Handi celebrations in Mumbai were marked by fervor, injuries, and political campaigning ahead of local elections. One participant died, and several others were injured during the event.

TCS likely to be hit hard by Trump's H-1B visa fee hike

TCS likely to be hit hard by Trump's H-1B visa fee hike

Rediff.com20 Sep 2025

According to the US Citizenship and Immigration Services (USCIS), Amazon had 10,044 workers using H-1B visas as of June, 2025. Coming in at the second spot was TCS with 5,505 H-1B visas approved.

Sensex ends down 119 points on profit-taking in IT, auto shares

Sensex ends down 119 points on profit-taking in IT, auto shares

Rediff.com15 Sep 2025

Among Sensex firms, Mahindra & Mahindra, Asian Paints, Infosys, Titan, Sun Pharma, Tata Consultancy Services, Tech Mahindra and Power Grid were the major laggards. However, Bajaj Finance, Eternal, UltraTech Cement and Reliance Industries were among the gainers.

FPI onboarding: Sebi hints at more respite

FPI onboarding: Sebi hints at more respite

Rediff.com16 Sep 2025

The Securities and Exchange Board of India (Sebi) has planned a slew of further relaxations to facilitate easier registrations of foreign portfolio investors (FPIs), including a common know-your-client (KYC) and smoother documentation through India digital signature.

Sebi allows co-investment window inside AIFs

Sebi allows co-investment window inside AIFs

Rediff.com11 Sep 2025

The Securities and Exchange Board of India (Sebi) will let Category-I and-II alternative investment funds (AIFs) run a dedicated "co-investment" (CIV) scheme for accredited investors, doing away with an earlier requirement of a separate portfolio-manager licence. The rules notified on Monday are aimed at reducing compliance burden for the AIF managers.

SC upholds JSW Steel's takeover plan for Bhushan Power and Steel

SC upholds JSW Steel's takeover plan for Bhushan Power and Steel

Rediff.com26 Sep 2025

The Supreme Court on Friday upheld JSW Steel's Rs 19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL), bringing down curtains to a prolonged legal battle that spanned nearly eight years.

Sebi revises regulatory framework for angel funds under AIF norms

Sebi revises regulatory framework for angel funds under AIF norms

Rediff.com10 Sep 2025

Sebi on Wednesday said angel funds can raise capital only from accredited investors, as part of the revised framework notified by the regulator to streamline fundraising, investment and compliance norms under the alternative investment funds rules. In a circular, the regulator said angel funds, which are granted registration by Sebi, will be permitted to onboard only accredited investors, while existing funds have been given time until September 8, 2026, to align with the new regime.

As new GST rates kick in, groceries, medicines, cars get cheaper

As new GST rates kick in, groceries, medicines, cars get cheaper

Rediff.com22 Sep 2025

New lower GST rates kicked in from Monday, resulting in a slashing of prices of as many as 375 items ranging from toothpaste and shampoo to cars and television sets, a move seen as an attempt to boost consumption to cushion an economy facing tariff headwinds. Tax rates of 5, 12, 18, and 28 per cent have been clubbed into two rates of 5 per cent and 18 per cent, resulting in a reduced price of 99 per cent of daily use items.

Sensex, Nifty dive nearly 1% as HDFC Bank, RIL drag

Sensex, Nifty dive nearly 1% as HDFC Bank, RIL drag

Rediff.com22 Aug 2025

From the Sensex pack, Asian Paints, UltraTech Cement, Tata Steel, ITC, HCL Tech, Kotak Mahindra Bank, Adani Ports, Tata Consultancy Services, HDFC Bank and Tech Mahindra were among the major laggards. However, Mahindra & Mahindra, Maruti, Bharat Electronics and Sun Pharma were among the gainers.

BCCI's cash soars by Rs 4,193 Cr in just one year

BCCI's cash soars by Rs 4,193 Cr in just one year

Rediff.com7 Sep 2025

The BCCI has strengthened its coffers by Rs 14,627 crore over the past five years, including Rs 4,193 crore in the last financial year alone, taking its cash and bank balance to Rs 20,686 crore, according to a report.

Tariffs pose downside risk to India's economy: RBI

Tariffs pose downside risk to India's economy: RBI

Rediff.com28 Aug 2025

Persisting uncertainties related to the US trade policies pose downside risk to the overall demand in the Indian economy while the inflation outlook for the near term has become more benign than anticipated earlier, RBI said in its latest bulletin on Thursday. In the August bulletin, the Reserve Bank of India (RBI) also said that India's sovereign rating upgrade by S&P bodes well for capital inflows and sovereign yields, going forward.

Sensex tanks 706 points as US tariffs dent sentiment

Sensex tanks 706 points as US tariffs dent sentiment

Rediff.com28 Aug 2025

From the Sensex firms, HCL Tech, Infosys, Power Grid, Tata Consultancy Services, HDFC Bank, Hindustan Unilever, Bharti Airtel and ICICI Bank were among the major laggards. However, Titan, Larsen & Toubro, Maruti and Axis Bank were among the gainers.