News for '-fy16'

Markets rebound: Sensex ends 568 points higher; Nifty reclaims 7,150

Markets rebound: Sensex ends 568 points higher; Nifty reclaims 7,150

Rediff.com15 Feb 2016

Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.

Why analysts think it's good time to sell gold

Why analysts think it's good time to sell gold

Rediff.com21 Jul 2015

Gold is often considered a 'hedge' against an economic uncertainty.

Global sell-off casts shadow on D-Street

Global sell-off casts shadow on D-Street

Rediff.com8 Feb 2016

IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday

Markets cheer upbeat corporate earnings

Markets cheer upbeat corporate earnings

Rediff.com5 Feb 2016

Markets ended higher for the second straight session mainly on the back of upbeat corporate earnings.

UBS sees Nifty at 8,200 by year-end

UBS sees Nifty at 8,200 by year-end

Rediff.com5 Jan 2016

'The recovery process for the Indian economy would be gradual'.

Markets falter on RBI stance, global jitters

Markets falter on RBI stance, global jitters

Rediff.com2 Feb 2016

The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.

Shareholders force head honchos of Apollo Tyres to take pay cut

Shareholders force head honchos of Apollo Tyres to take pay cut

Rediff.com14 Nov 2018

The move comes after Neeraj Kanwar's reappointment as managing director was rejected by minority shareholders owing to his salary, which increased in spite of a fall in the company's profitability.

Smaller Tata companies sparkled under Cyrus

Smaller Tata companies sparkled under Cyrus

Rediff.com5 Nov 2016

Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies

Raghuram Rajan's 'surgery' uncovers more bad loans

Raghuram Rajan's 'surgery' uncovers more bad loans

Rediff.com26 May 2016

Raghuram Rajan's 'surgery' uncovers more bad loans

Bharti Airtel to consider share buyback

Bharti Airtel to consider share buyback

Rediff.com24 Apr 2016

Bharti has been expanding its spectrum portfolio and now owns 4G data across all 22 circles in India

FinMin says no to Air India VRS

FinMin says no to Air India VRS

Rediff.com16 Sep 2013

Not needed, it says, with 4,600 staffers to retire over next 3 years, plus transfer of 12,000 to new subsidiaries

TCS hikes wages by 8-12%; sees lower gross hiring in FY17

TCS hikes wages by 8-12%; sees lower gross hiring in FY17

Rediff.com18 Apr 2016

TCS completed its highest ever hiring of over 90,000 new employees globally during the year.

Rising CPI dashes rate-cut hope; Sensex ends 301 points lower

Rising CPI dashes rate-cut hope; Sensex ends 301 points lower

Rediff.com13 May 2016

The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.

Budget over, markets now look to RBI for rate cuts

Budget over, markets now look to RBI for rate cuts

Rediff.com3 Mar 2015

Morgan Stanley expects the central bank to cut rates this week, 125 bps in cuts through 2015.

Mallya group company files for insolvency

Mallya group company files for insolvency

Rediff.com19 Jan 2017

First case filed after new norms come into force, NCLT admits plea.

Indian markets will see a de-rating in near term: Mahesh Nandurkar

Indian markets will see a de-rating in near term: Mahesh Nandurkar

Rediff.com3 May 2016

Premium valuations and lack of big triggers will weigh on Indian equity markets in the near term, believes Mahesh Nandurkar, India Strategist, CLSA.

Modi to shy from reforms initially, to disappoint optimists: S&P

Modi to shy from reforms initially, to disappoint optimists: S&P

Rediff.com16 Oct 2014

The report indicated that price rise will continue being a problem and that inflation, which is restricting the Reserve Bank from loosening its elevated policy rates.

World Bank keeps faith in India story

World Bank keeps faith in India story

Rediff.com30 Oct 2015

The Bank suggested reforms in infrastructure sector.

So much for Modi's dream of 'cashless Bharat'

So much for Modi's dream of 'cashless Bharat'

Rediff.com8 Nov 2017

While Bihar and J&K have the least proportion of bank account holders using debit cards at PoS machines, Telangana's record is the highest.

Three PSU bank stocks you can invest in

Three PSU bank stocks you can invest in

Rediff.com11 Mar 2015

SBI remains a favourite of most brokerages in the PSB segment.

India's economic indicators suggest a mixed picture

India's economic indicators suggest a mixed picture

Rediff.com8 Aug 2016

Within IIP, the capital goods sub-index has contracted for seven continuous months, suggesting investment demand continues to be weak.

Are markets ripe for a steep correction?

Are markets ripe for a steep correction?

Rediff.com3 May 2017

Number of stocks trading above 50 times and 100 times earnings are at record highs. When this happened in 2015 and 2016, the Sensex fell 22.6 per cent in a little over a year's time after peaking in January 2015, while it fell by 11.3 per cent in two months from its peak in September 2016.

A third of Sensex companies may report drop in Q4 profits

A third of Sensex companies may report drop in Q4 profits

Rediff.com12 Apr 2017

The broader market performance, however, is expected to be better by virtue of good performance of state-owned banks on a low base.

RBI to cut repo rate by 25 bps in April: Nomura

RBI to cut repo rate by 25 bps in April: Nomura

Rediff.com10 Feb 2016

The Reserve Bank is likely to cut the repo rate by 25 basis points (bps) after the Budget.

India Inc's investment growth hits 25-year low

India Inc's investment growth hits 25-year low

Rediff.com17 Jul 2017

Fresh investments by corporates up just 5.8% in FY17, lowest since 1992

India less vulnerable to external shocks: S&P

India less vulnerable to external shocks: S&P

Rediff.com26 Jan 2016

Rating agency expects current account deficit to remain at a modest 1.4% at end of FY16 and stay at similar level till 2018

Stocks that shine year after year

Stocks that shine year after year

Rediff.com31 Dec 2014

The S&P BSE Sensex has rallied about 28 per cent in 2014, after formation of a stable government at the Centre.

Buyback of equity shares hits six-year high in FY17

Buyback of equity shares hits six-year high in FY17

Rediff.com28 Feb 2017

41 companies take back shares worth Rs 27,783 crore in FY17

Smugglers cash in on foreign cigarettes as gold loses shine

Smugglers cash in on foreign cigarettes as gold loses shine

Rediff.com14 Jun 2016

Huge margins, high custom duty and increasing demand among youngsters have led to exponential increase in smuggling of foreign cigarettes.

End of the road for Nano?

End of the road for Nano?

Rediff.com25 Feb 2017

Sanand produced only 515 Nanos in January, and sold even less, just around 391 units.

Why IT firms are riding high!

Why IT firms are riding high!

Rediff.com22 Jan 2019

From acquiring creative agencies, to setting up onsite innovation centres and turning around BFSI with entirely new digital offerings, 2018 had seen the IT industry going from initial lows to new highs.

How Verna turned around Hyundai's fortune

How Verna turned around Hyundai's fortune

Rediff.com25 Nov 2017

Hyundai sold 6,054 units of the new Verna in September, against 6,010 units of the Honda City and 5,603 units of the Maruti Ciaz.

Sensex loses Modi momentum as global woes drag index to 2014 levels

Sensex loses Modi momentum as global woes drag index to 2014 levels

Rediff.com20 Jan 2016

A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.

Baba Ramdev ready for a tough fight from FMCG companies

Baba Ramdev ready for a tough fight from FMCG companies

Rediff.com18 Jan 2016

The Rs 2,000-crore Patanjali, looking to grow its turnover two-and-a-half times in FY16.

At $277 million, Bangladesh is India's biggest two-wheeler export market

At $277 million, Bangladesh is India's biggest two-wheeler export market

Rediff.com20 Jul 2018

Indian two-wheeler majors Hero MotoCorp and Bajaj Auto are the biggest beneficiaries of this surge and, between the two, they are estimated to control about half of the local market there

Non-performance under Mistry? What the Tata figures say

Non-performance under Mistry? What the Tata figures say

Rediff.com28 Oct 2016

Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.

SBI downplays 'debt mountain' of India Inc

SBI downplays 'debt mountain' of India Inc

Rediff.com9 May 2016

Say their aggregate borrowings were "well within the norms"

Sensex slips 314 points as ITC, Vedanta drag

Sensex slips 314 points as ITC, Vedanta drag

Rediff.com25 May 2015

The Sensex ended in red on domestic concerns.

Cars in slow lane, but tyre makers see demand uptick

Cars in slow lane, but tyre makers see demand uptick

Rediff.com29 Apr 2019

Domestic tyre demand is seen to grow by 7-9 per cent over the next five years.

OYO: Rise of a little giant

OYO: Rise of a little giant

Rediff.com28 Jun 2018

SoftBank-backed OYO now 100,000 rooms brand, eyes another 100,000 by Mar 1