News for '-francis'

Sebi Tightens Grip Against Fraudulent Messages, Apps

Sebi Tightens Grip Against Fraudulent Messages, Apps

Rediff.com30 May 2024

The directions follow a report by the Indian Cyber Crime Coordination Centre, which has seen a new pattern of transnational cyber-enabled financial fraud and investment scam, impersonating as stockbrokers and company executives.

Investors pin hope on govt support amid under-recoveries of BPCL, HPCL

Investors pin hope on govt support amid under-recoveries of BPCL, HPCL

Rediff.com7 Aug 2024

The market responded positively to the Q1 results of oil marketing companies (OMCs), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) despite numbers being weaker than consensus. BPCL's reported gross refining margin (GRM) was in line at $7.9 per barrel (bbl) in Q1FY25, which implies marketing margin stood at Rs 4.8 per litre. Standalone profit after tax or PAT at Rs 3,000 crore was down versus consensus due to under-recoveries in LPG business.

PHOTOS: Max leads Down Under thunder at Wankhede

PHOTOS: Max leads Down Under thunder at Wankhede

Rediff.com7 Nov 2023

Glenn Maxwell smashed an unbeaten 201 off 128 balls, single-handedly guiding Australia to an improbable three-wicket win over Afghanistan.

Property market upset as govt removes indexation benefit for sellers

Property market upset as govt removes indexation benefit for sellers

Rediff.com23 Jul 2024

The government on Tuesday proposed reducing the long-term capital gains tax on immovable properties to 12.5 per cent from 20 per cent, but removed the indexation benefits to adjust for inflation, a move experts termed as "negative" for sellers.

Francis checks India's blitz

Francis checks India's blitz

Rediff.com2 Apr 2004

The Sri Lankan denied India a golden sweep in the pool, winning the 50m butterflystroke at the SAF Games.

'India Needs More Than 2 Airlines'

'India Needs More Than 2 Airlines'

Rediff.com6 Aug 2024

'Just look at China: They have five or six major airlines and some smaller ones.'

'Idea behind SROs is not to make them more regulatory'

'Idea behind SROs is not to make them more regulatory'

Rediff.com25 Aug 2024

'One of the aspects for transparency and fair governance is to give the industry being represented the chance of lobbying with the regulator.'

Treasury gains help ICICI Bank post 10% rise in Q1 profit

Treasury gains help ICICI Bank post 10% rise in Q1 profit

Rediff.com27 Jul 2024

Treasury gains helped ICICI Bank post a nearly 10 per cent increase in the consolidated net profit for the April-June quarter at Rs 11,696 crore on Saturday. Growth in the core income slowed for the country's second largest private sector lender, but the treasury operations helped it report a 14.62 per cent rise in its post-tax profit at Rs 11,059 crore on a standalone basis. The core net interest income (NII) growth came at a multi quarter low of 7.3 per cent to Rs 19,553 crore for the reporting quarter.

RBI Flags Concern Over Illegal Accounts

RBI Flags Concern Over Illegal Accounts

Rediff.com10 Jul 2024

'We found certain banks having lakhs of such accounts with apparently no valid reason.'

India will benefit from no-non sense guy Gambhir's fresh ideas: Shastri

India will benefit from no-non sense guy Gambhir's fresh ideas: Shastri

Rediff.com26 Jul 2024

Shastri feels managing the workload of players, especially bowlers, will be Gambhir's biggest challenge.

20 Indians still on ship week after US bridge collapse

20 Indians still on ship week after US bridge collapse

Rediff.com2 Apr 2024

On how long the crew would have to stay on board the ship, the spokesperson said, "At this time, we do not know how long the investigation process will take and until that process is complete, the crew will remain on board."

'Insurance companies will make a killing'

'Insurance companies will make a killing'

Rediff.com24 Apr 2024

'I can feel the master's pain, because he must be sitting there and cursing and saying, 'Why was I born?''

India's population to peak in 2060s at 1.7bn before declining: UN

India's population to peak in 2060s at 1.7bn before declining: UN

Rediff.com12 Jul 2024

India's population is projected to peak in the early 2060s at about 1.7 billion and then decline by 12 per cent, but the country will remain the world's most populous throughout the century, the United Nations has said.

Sini Shetty May Not Have Been Crowned Miss World But...

Sini Shetty May Not Have Been Crowned Miss World But...

Rediff.com10 Mar 2024

Glimpses from the 71st edition of the Miss World pageant.

The Menace Of Road Rage

The Menace Of Road Rage

Rediff.com3 Sep 2024

I am happy I didn't knock anyone down, driving recklessly or trying to show off. However, in one instance of road rage (the consequence of arguing with a driver who disrespected my right to cross the road peacefully) I did find a man in a SUV taking his anger out on me by driving his vehicle over my feet, recalls Shyam G Menon.

How Much Do Indians Spend On Weddings?

How Much Do Indians Spend On Weddings?

Rediff.com22 Jul 2024

An average Indian couple spends around 2x on weddings versus education (pre-primary to graduation).

Fans Celebrate India On R-Day!

Fans Celebrate India On R-Day!

Rediff.com27 Jan 2024

With the Republic Day weekend, both days of play have seen the stands brimming with crowds. From school children to adults, all have been waving the Tricolour as Rohit Sharma and Co continue to dominate the visitors.

PCB restores Haris Rauf's contract after written apology

PCB restores Haris Rauf's contract after written apology

Rediff.com24 Mar 2024

The Pakistan Cricket Board (PCB) has restored the central contract of Haris Rauf after the fast bowler "admitted his mistake" in writing.

Why Is Delhi Deserted, Guys?

Why Is Delhi Deserted, Guys?

Rediff.com9 Sep 2023

Delhi wears an empty look as the capital police remain on high alert on the first day of the G20 Summit.

Dravid's advice to Gambhir: Smile through tough times

Dravid's advice to Gambhir: Smile through tough times

Rediff.com27 Jul 2024

Gambhir was left visibly moved as Dravid reflected on his successful tenure and offered words of wisdom for the new role.

Check out Indian athletes who've qualified for Paralympics

Check out Indian athletes who've qualified for Paralympics

Rediff.com21 Aug 2024

All Indian athletes who've qualified for the paralympic games

World champions India eye winning start in Sri Lanka

World champions India eye winning start in Sri Lanka

Rediff.com26 Jul 2024

India's newly-forged coach-captain combination of Gautam Gambhir and Suryakumar Yadav will look to make instant impact against a Sri Lankan team in disarray.

Sebi Cracks Whip At Finfluencers

Sebi Cracks Whip At Finfluencers

Rediff.com20 Jul 2024

Sebi's mandate restraining mutual funds, stock brokers, and other intermediaries from associating with finfluencers who do not come under the Sebi ambit will impact the earnings of finfluencers through sponsorships, tie-ups, or referral links, as these may dry up due to the restrictions.

SEBI Cracks Down On Stock Market Fantasy Games

SEBI Cracks Down On Stock Market Fantasy Games

Rediff.com25 May 2024

'MIIs or market intermediaries shall enter into an appropriate agreement with entities with whom they intend to share real-time price data.'

When A Landslide Wiped Out A Village

When A Landslide Wiped Out A Village

Rediff.com21 Jul 2023

100 people are feared trapped as Irshalwadi village in Maharashtra's Raigad district was buried by a landslide early on Thursday morning.

Wine maker Sula Vineyard eyes double-digit growth on premiumisation

Wine maker Sula Vineyard eyes double-digit growth on premiumisation

Rediff.com24 Jun 2024

Raising toast to 25 successful years, India's largest wine maker Sula Vineyard is eyeing a sustained double-digit growth in revenue over the next five years, buoyed by growth in the premium and elite categories and expansion of its new ranges. It was during Covid that the vineyards shifted focus to its own brands and pivoted towards growing the premium and elite segment of the market.

iPhone exports from India hit $2 billion in April-May

iPhone exports from India hit $2 billion in April-May

Rediff.com12 Jun 2024

Technology giant Apple Inc has pushed the pedal on exporting iPhones from India by racking up exports valued at over $2 billion in the first two months of the current financial year (FY25), according to the data provided by vendors to the government. This accounts for 81 per cent of the country's total production of iPhones worth $2.6 billion. In May, Apple repeated its performance of April and once again crossed $1 billion of iPhone exports.

Sebi slaps show cause notice on Hindenburg, US firm terms it 'nonsense'

Sebi slaps show cause notice on Hindenburg, US firm terms it 'nonsense'

Rediff.com2 Jul 2024

US short seller Hindenburg Research, which had rocked the Adani Group with allegations of stock market manipulation and accounting fraud, on Tuesday said it has received a show cause notice from Indian capital market regulator Sebi over alleged violations in placing bets on the conglomerate stocks. Hindenburg termed the show cause notice as "nonsense" and "concocted to serve a pre-ordained purpose: an attempt to silence and intimidate those who expose corruption and fraud perpetrated by the most powerful individuals in India."

Sebi eases minimum promoter contribution norms to boost IPO process

Sebi eases minimum promoter contribution norms to boost IPO process

Rediff.com22 May 2024

In a bid to ease compliance towards companies planning public offers (IPOs), the Securities and Exchange Board of India (Sebi) has notified norms that open more avenues to meet the minimum promoters' contribution (MPC). The market regulator has permitted promoter group entities and non-individual shareholders to contribute to the mandated promoters' contribution in the case of a shortfall without being identified as a promoter.

Sebi signals change with tougher futures and options stock rules

Sebi signals change with tougher futures and options stock rules

Rediff.com17 Jun 2024

The Securities and Exchange Board of India (Sebi) has proposed stricter eligibility criteria for adding and retaining stocks in the futures and options (F&O) segment, which accounts for the bulk of the trading volumes. The proposal-which comes six years after the securities regulator last revised the stock selection framework---is much awaited by the market players as the derivatives stock list has largely remained stagnant for the last two years.

What Justin Trudeau said after meeting Modi at G7 summit

What Justin Trudeau said after meeting Modi at G7 summit

Rediff.com16 Jun 2024

Trudeau said that there was a commitment to work together with India to deal with some "very important issues".

'Independence Without Safety Means Nothing'

'Independence Without Safety Means Nothing'

Rediff.com16 Aug 2024

'I humbly request the government to create safe spaces for ALL women, the strictest of punishment and the swiftest justice.'

'Shubman Gill is the guy'

'Shubman Gill is the guy'

Rediff.com31 Jan 2024

'It's all about people who will perform at the right time, and that's going to happen in April and May during the IPL.'

Deeply troubled by ongoing conflict in Gaza: India at UN

Deeply troubled by ongoing conflict in Gaza: India at UN

Rediff.com9 Apr 2024

Kamboj said the ongoing conflict between Israel and Hamas has led to a large-scale loss of civilian lives, especially women and children.

Bumrah 'outbowled' other Indian bowlers in Vizag: AB de Villiers

Bumrah 'outbowled' other Indian bowlers in Vizag: AB de Villiers

Rediff.com7 Feb 2024

South Africa batting great AB de Villiers has heaped praise on Jasprit Bumrah for simply "outbowling" his colleagues in the second Test against England in Visakhapatnam to help India level the five-match series.

PIX: Maxwell's 201 floors Afghans; Australia in semis

PIX: Maxwell's 201 floors Afghans; Australia in semis

Rediff.com7 Nov 2023

Images from the ICC World Cup match between Afghanistan and Australia, at the Wankhede stadium in Mumbai, on Tuesday.

PIX: Unstoppable South Africa thrash Bangladesh

PIX: Unstoppable South Africa thrash Bangladesh

Rediff.com24 Oct 2023

South Africa continued their rampaging form in World Cup 2023 as they thrashed Bangladesh by 149 runs to jump to second place.

Sebi bans JM Financial from acting as lead manager

Sebi bans JM Financial from acting as lead manager

Rediff.com7 Mar 2024

Capital markets regulator Sebi on Thursday barred JM Financial Ltd from taking new mandate for acting as a lead manager for any public issue of debt securities, for indulging in unfair trade practices. However, in case of existing mandates, JM Financial can continue to act as a lead manager for public issue of debt securities for a period of 60 days, Sebi said in its interim order.

1st Test: What's This Artist Painting?

1st Test: What's This Artist Painting?

Rediff.com25 Jan 2024

Runs, wickets, fans and drama. Capturing all those moments and more on his canvas was British artist Andy Brown.

Baltimore mishap: Indian crew onboard Dali 'healthy'

Baltimore mishap: Indian crew onboard Dali 'healthy'

Rediff.com1 Apr 2024

The Indian crew onboard a crippled container vessel that collided against a key bridge in Baltimore last week is healthy , according to a nonprofit organisation that has been in touch with the personnel.