News for '-francis'

Sebi bans US-based Jane Street from securities mkt; impounds illegal gains of Rs 4,843 cr

Sebi bans US-based Jane Street from securities mkt; impounds illegal gains of Rs 4,843 cr

Rediff.com4 Jul 2025

Markets regulator Sebi has barred US-based Jane Street Group from the securities markets and directed the group to disgorge unlawful gains of Rs 4,843 crore for allegedly manipulating stock indices through positions taken in derivatives segment. This could be the highest disgorgement amount ever directed by the Securities and Exchange Board of India (Sebi).

Investors' wealth erodes by Rs 5.98 lakh cr as mkts tumble

Investors' wealth erodes by Rs 5.98 lakh cr as mkts tumble

Rediff.com12 Jun 2025

Investors' wealth eroded by Rs 5.98 lakh crore on Thursday, tracking weak trends in equities where the BSE Sensex tumbled 1 per cent. Benchmark indices Sensex and Nifty declined 1 per cent in tandem with weak global market trends amid growing tensions in the Middle East.

Sensex sinks 573 pts on global tensions and high crude prices

Sensex sinks 573 pts on global tensions and high crude prices

Rediff.com13 Jun 2025

Sensex sinks 573 pts on global tensions and high crude prices

Over 5,000 Covid cases in India, most affected state is...

Over 5,000 Covid cases in India, most affected state is...

Rediff.com6 Jun 2025

India's active Covid case tally crossed the 5,000 mark with Kerala remaining the most affected state followed by Gujarat, West Bengal and Delhi, according to the Union health ministry data released on Friday.

Sensex, Nifty tumble 1% on weak global trends

Sensex, Nifty tumble 1% on weak global trends

Rediff.com12 Jun 2025

From the Sensex firms, Tata Motors, Titan, Eternal, Power Grid, Tata Steel, Larsen & Toubro, Mahindra & Mahindra and Hindustan Unilever were among the biggest laggards. Bajaj Finserv, Asian Paints and Tech Mahindra were the gainers.

Sensex jumps 1,000 points; Nifty surges over 1%

Sensex jumps 1,000 points; Nifty surges over 1%

Rediff.com26 Jun 2025

From the Sensex constituents, Tata Steel, Bajaj Finance, Bharti Airtel, Adani Ports, Eternal, Bajaj Finserv, NTPC, HDFC Bank, Reliance Industries and Axis Bank were among the major gainers. In contrast, Trent, State Bank of India, Tech Mahindra, Maruti and Mahindra & Mahindra were among the laggards.

NSE's Rs 1,388 cr Sebi plea could pave way for IPO

NSE's Rs 1,388 cr Sebi plea could pave way for IPO

Rediff.com26 Jun 2025

The National Stock Exchange (NSE) has offered to pay Rs 1,388 crore to the Securities and Exchange Board of India (Sebi) to settle the colocation and dark fibre cases, potentially clearing the way for its much-awaited initial public offering (IPO). This is the biggest-ever settlement plea made with the markets regulator.

Affordable Homes Within Reach As Banks Ease Lending Norms

Affordable Homes Within Reach As Banks Ease Lending Norms

Rediff.com8 Jul 2025

The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.

Cardinals Gather to Elect Pope

Cardinals Gather to Elect Pope

Rediff.com6 May 2025

The papal conclave, the process to elect a new Pope, is set to begin on Wednesday, May 7, 2025, following Pope Francis' death. The event takes place within the Sistine Chapel in Vatican City and involves the College of Cardinals.

Truck rentals, EV and tractor sales rise in June

Truck rentals, EV and tractor sales rise in June

Rediff.com5 Jul 2025

Truck rentals saw a positive momentum across most key trunk routes due to an increased pre-kharif agricultural activity and a resilient manufacturing sector. The Kolkata-Guwahati-Kolkata corridor witnessed a month-on-month (M-o-M) rise of 2.4 per cent, while the Mumbai-Chennai-Mumbai route grew by 1.9 per cent and the Delhi-Hyderabad-Delhi route saw a 1.6 per cent increase in truck rentals, said June edition of the Shriram Mobility Bulletin.

RBI Dividend To Help Govt With Defence Budget

RBI Dividend To Help Govt With Defence Budget

Rediff.com7 Jun 2025

Defence expenditure was pegged at 1.4 per cent of GDP in the Budget for 2025-26 but it may widen, depending on tensions between India and Pakistan.

Four Indian cardinals eligible to vote for electing new pope

Four Indian cardinals eligible to vote for electing new pope

Rediff.com23 Apr 2025

Four cardinals from India, including two from Kerala, are eligible to vote in the upcoming conclave to elect the new Pope. Only cardinals under the age of 80 are eligible to vote, as per the regulations. Anthony Poola, the Archbishop of Hyderabad; Filipe Neri Cardinal Ferrao, the Archbishop of Goa and Daman; Cardinal Baselios Cleemis of the Syro-Malankara Church; and George Koovakkad, the newly appointed cardinal, are the four who can cast votes in the upcoming conclave.

How SEBI Plans To Tackle Investor Frauds

How SEBI Plans To Tackle Investor Frauds

Rediff.com24 Jun 2025

Investors will be able to authenticate if the entity receiving the payment is a valid entity under the ambit of Sebi.

Need to shift from fortnightly to real-time credit reporting: RBI DG

Need to shift from fortnightly to real-time credit reporting: RBI DG

Rediff.com3 Jul 2025

There is a need for real-time or near real-time credit reporting, instead of the current fortnightly system, to improve underwriting precision, enable timely reflection of borrower actions such as loan closures or repayments, and deliver a superior consumer experience, Deputy Governor of the Reserve Bank of India (RBI), M Rajeshwar Rao said on Wednesday.

KSCA T20 auction: Padikkal bags Rs 13.2L; Samit Dravid unsold

KSCA T20 auction: Padikkal bags Rs 13.2L; Samit Dravid unsold

Rediff.com15 Jul 2025

KSCA T20 auction saw Indian international batter Devdutt Padikkal lead the charts as the most expensive player of the day,

'Bumrah, a big threat for England!'

'Bumrah, a big threat for England!'

Rediff.com13 Jun 2025

Monty Panesar claimed India's pace spearhead Jasprit Bumrah will be a big threat for England's batters.

Sensex ends down 182 points on selling in IT shares

Sensex ends down 182 points on selling in IT shares

Rediff.com30 May 2025

Among Sensex firms, Tech Mahindra, HCL Tech, Asian Paints, NTPC, Infosys, Nestle, Sun Pharma, and Tata Steel were the major laggards. Eternal, State Bank of India, HDFC Bank, Larsen & Toubro, Reliance Industries and Bajaj Finserv were the gainers.

Sensex sheds 239 pts on selling in FMCG, auto shares

Sensex sheds 239 pts on selling in FMCG, auto shares

Rediff.com28 May 2025

IndusInd Bank, Nestle, UltraTech Cement, Mahindra & Mahindra, Power Grid, Asian Paints, Sun Pharma and Tech Mahindra were also among the laggards. Bajaj Finance, Bharti Airtel, ICICI Bank, Adani Ports and HCL Tech were among the gainers.

Sister Anupama, face of protests against Bishop Mulakkal, quits nunhood

Sister Anupama, face of protests against Bishop Mulakkal, quits nunhood

Rediff.com27 May 2025

A group of nuns, led by Sister Anupama, had fought on behalf of the victim nun who had accused Mulakkal of raping her multiple times.

Sensex tumbles 645 pts on global sell-off, rising US bond yields

Sensex tumbles 645 pts on global sell-off, rising US bond yields

Rediff.com22 May 2025

From the Sensex firms, Mahindra & Mahindra, Bajaj Finserv, Tech Mahindra, Power Grid, ITC, Hindustan Unilever, Reliance Industries and Maruti were the biggest laggards. IndusInd Bank, Bharti Airtel and UltraTech Cement were the gainers.

'Competition in India is Absolutely Fierce': Uber GM

'Competition in India is Absolutely Fierce': Uber GM

Rediff.com17 Jul 2025

'Unless we consistently show up with the right cars, at the right time, priced fairly, we risk becoming irrelevant very quickly.'

IT stocks, weak global trends drag Sensex down 271 points

IT stocks, weak global trends drag Sensex down 271 points

Rediff.com19 May 2025

Among Sensex firms, Eternal, Infosys, Tata Consultancy Services, Tech Mahindra, Reliance Industries, Asian Paints, HCL Tech and Adani Ports were the laggards. Power Grid, Bajaj Finance, NTPC, State Bank of India and IndusInd Bank were among the gainers.

Bold Moves Must For Silver Screen To Sparkle Again

Bold Moves Must For Silver Screen To Sparkle Again

Rediff.com12 Jul 2025

More screens, more films, and longer windows will convert to more people watching, assuming they know a film is releasing, points out Vanita Kohli-Khandekar.

Akasa Air's net loss widens to 1,983 crore in FY25 as costs, delays rise

Akasa Air's net loss widens to 1,983 crore in FY25 as costs, delays rise

Rediff.com1 Jul 2025

Akasa Air's standalone net loss rose 18.7 per cent year-on-year (Y-o-Y) to roughly Rs 1,983 crore in 2024-25 (FY25), driven by rising employee costs, aircraft maintenance and airport charges, and a sharp increase in foreign exchange (forex) expenses, sources privy to the development told Business Standard.

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Rediff.com19 Jun 2025

The Securities and Exchange Board of India (Sebi) on Wednesday announced a slew of measures to ease the compliance burden in the stock markets ecosystem, encourage more companies to list on the bourses after reverse flipping to India, and facilitate greater foreign fund flows into government bonds.

Hardik's gamble on Will Jacks pays off in style!

Hardik's gamble on Will Jacks pays off in style!

Rediff.com18 Apr 2025

Will Jacks rewarded Mumbai Indians for the faith they showed in him despite a lean spell with bat and ball by helping them to a four-wicket win over struggling Sunrisers Hyderabad

150 years of BSE: When 100 banks failed and took stockbrokers with them

150 years of BSE: When 100 banks failed and took stockbrokers with them

Rediff.com27 Apr 2025

Like with all great crashes, some had noticed the cracks. "... cash balances (of banks) seem, from the available indications, to be hopelessly inadequate; and it is hard to doubt that in the next bad times they will go down like ninepins. If such a catastrophe occurs, the damage inflicted on India will be far greater than the direct loss falling on the depositors," said John Maynard Keynes in his May 1913 work "Indian Currency and Finance", written before his path-breaking work in macroeconomics laid the foundation of dealing with global crises.

Flip in derivatives expiry days: NSE to shift to Tuesday, BSE gets Thursday

Flip in derivatives expiry days: NSE to shift to Tuesday, BSE gets Thursday

Rediff.com18 Jun 2025

In a move that could have implications for market share dynamics, the Securities and Exchange Board of India (Sebi) has permitted the National Stock Exchange (NSE) and the BSE to alter the days for settlement of equity derivatives contracts.

Swiggy expands 10-minute food delivery service 'Bolt' to over 500 cities

Swiggy expands 10-minute food delivery service 'Bolt' to over 500 cities

Rediff.com4 May 2025

Swiggy on Friday said its 10-minute food delivery service 'Bolt', which was launched in October last year, is now operational in more than 500 cities across the country.

HOLI HAI! India Celebrates Festival Of Colour

HOLI HAI! India Celebrates Festival Of Colour

Rediff.com14 Mar 2025

Holi, the festival of colours, was celebrated across India with traditional fanfare and gaiety.

PV dispatches rise 4%; two-wheelers dip 17%

PV dispatches rise 4%; two-wheelers dip 17%

Rediff.com15 May 2025

Passenger vehicles dispatches from factories to company dealerships in the country increased 4 per cent year-on-year to 3,48,847 units in April, industry body SIAM said on Thursday. Passenger vehicle dispatches stood at 335,629 units in April last year.

RBI to focus on enhancing cyber resilience and capabilities of SEs

RBI to focus on enhancing cyber resilience and capabilities of SEs

Rediff.com29 May 2025

The Reserve Bank on Thursday affirmed its commitment to continue with its supervisory measures aimed at early identification of risks and vulnerabilities. The central bank would also focus on enhancing cyber resilience and capabilities of Supervised Entities (SEs) by implementing the recommendations of the inter-regulatory Working Group, which has uniform baseline cybersecurity guidelines for financial entities, it said in its annual report.

Foreign brokerages stay cautious on India stock market

Foreign brokerages stay cautious on India stock market

Rediff.com10 Jun 2025

Foreign brokerages remain cautious on the road ahead for the Indian equity markets. Though analysts at Nomura have revised their March 2026 Nifty target to 26,140 levels from the earlier 24,970, but the upside from the current levels is a modest 6 per cent. BofA Securities, on the other hand, has not made any change to its year-end Nifty target.

Sensex, Nifty end lower on global trade concerns

Sensex, Nifty end lower on global trade concerns

Rediff.com2 Jun 2025

From the Sensex firms, Tech Mahindra, Tata Steel, Tata Motors, Titan, HDFC Bank, IndusInd Bank, Infosys and Kotak Mahindra Bank were among the biggest laggards. On the other hand, Adani Ports, Mahindra & Mahindra, Power Grid, Eternal and Hindustan Unilever were among the gainers.

ECB apologises after awkward Ashes post involving Pope

ECB apologises after awkward Ashes post involving Pope

Rediff.com7 Mar 2025

The post on the X account of Pope Francis was sent out on Tuesday ahead of Ash Wednesday, the start of the season of Lent when the foreheads of Roman Catholics are marked with the ashes of burnt palm leaves.

Rahul's century leads India A's strong showing on Day 1

Rahul's century leads India A's strong showing on Day 1

Rediff.com7 Jun 2025

K L Rahul gained the requisite confidence and much-needed game time ahead of the upcoming five-Test series with a classy hundred for India A against a quality England Lions attack.

Markets slump over 1%; Sensex tanks 1,282 points

Markets slump over 1%; Sensex tanks 1,282 points

Rediff.com13 May 2025

From the Sensex firms, Infosys declined by 3.54 per cent. Power Grid, Eternal, HCL Tech, Tata Consultancy Services, Bharti Airtel, IndusInd Bank, NTPC and HDFC Bank were the major laggards. Sun Pharma, Adani Ports, Bajaj Finance, State Bank of India and Tech Mahindra were the gainers.

Pope Leo makes his first US pitch at White Sox Park

Pope Leo makes his first US pitch at White Sox Park

Rediff.com15 Jun 2025

The pontiff, the first leader of the global Catholic Church from the United States, appeared for about seven minutes on Rate Field's jumbotron during the event, organized by the Chicago archdiocese and featuring several other local personalities, including Bulls announcer Chuck Swirsky.

All eyes on K L Rahul in second game vs England Lions

All eyes on K L Rahul in second game vs England Lions

Rediff.com5 Jun 2025

K L Rahul would look to make the most of his first red-ball outing in months ahead of the upcoming Test series against England.

Britain's first million pound player Francis passes away

Britain's first million pound player Francis passes away

Rediff.com24 Jul 2023

Former England forward Trevor Francis, Britain's first one million pound ($1.28 million) player, has died at the age of 69 after suffering a heart attack, his family said on Monday.