News for '-mascarenhas'

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.

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.

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.

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.

'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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

'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.'

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.

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.

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.

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.

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.

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.

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.

What RBI's 50 bps rate cut mean for the 'aam aadmi'

What RBI's 50 bps rate cut mean for the 'aam aadmi'

Rediff.com6 Jun 2025

The Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to cut the repo rate by 50 basis points (bps) to 5.5% was contrary to the expectations of many economists. Firstly, most of the economists expected the MPC to cut the repo rate by 25 bps citing the weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity.

Lesson from 2009: Early Monsoon, Not Always Good

Lesson from 2009: Early Monsoon, Not Always Good

Rediff.com2 Jun 2025

The last time the southwest monsoon arrived earlier than in 2025 -- that is, back in 2009 -- the rains lost steam after the early onset and ended the season with almost 23 per cent deficient rainfall, which was the lowest recorded average rainfall in several decades over India.

If India want to win in England, focus on THIS

If India want to win in England, focus on THIS

Rediff.com17 Jun 2025

Nick Knight has high expectations from the likes of Kuldeep and Sai Sudharsan who is expected to make his Test debut at Leeds, the venue for the series opener.

Oil cos assure public of ample fuel stocks

Oil cos assure public of ample fuel stocks

Rediff.com9 May 2025

Indian Oil Corporation (IOC), the nation's largest oil firm, on Friday said ample stocks of petrol, diesel and cooking gas LPG are available in the country and there is no need for panic buying of fuel. The statement comes after social media was flooded with posts and videos showing people queuing at petrol pumps to stock fuel as tensions between India and Pakistan escalated.

Apple India shipments grew 25% in Q4, Vivo tops smartphone market

Apple India shipments grew 25% in Q4, Vivo tops smartphone market

Rediff.com5 May 2025

Apple's iPhone supplies in India grew 25 per cent year-on-year in March quarter 2025, capturing 8 per cent market share, a CyberMedia Research report said on Monday.

Weak guidance may hit Sun Pharma in FY26

Weak guidance may hit Sun Pharma in FY26

Rediff.com1 Jun 2025

Despite a healthy performance in the fourth quarter of 2024-25 (Q4FY25), the stock of India's largest listed pharma company, Sun Pharmaceutical Industries (Sun Pharma), was under pressure on Friday due to a muted guidance. The company has guided for a high single-digit revenue growth for FY26, which is below what the Street was working with.

Reliance to invest Rs 75,000 cr in North-Eastern states: Mukesh Ambani

Reliance to invest Rs 75,000 cr in North-Eastern states: Mukesh Ambani

Rediff.com23 May 2025

Oil-to-telecom conglomerate Reliance Industries Ltd will invest Rs 75,000 crore in North Eastern states in setting up 350 biogas plants, expanding its telecom services, retail footprint, and clean energy projects, chairman Mukesh Ambani said on Friday. Speaking at the Rising NorthEast Investors Summit here, Reliance Industries Ltd chairman and managing director said his group will invest in factories for high-quality FMCG products in the region and setting up a 150-bed cancer hospital in Manipur.

Sinner ready for Rome return after doping suspension

Sinner ready for Rome return after doping suspension

Rediff.com26 Apr 2025

Jannik Sinner held onto his world number one ranking ahead of his return from a three-month doping ban

Centralised KYC system in works, says Sebi

Centralised KYC system in works, says Sebi

Rediff.com4 May 2025

Markets regulator Sebi is actively working with the Ministry of Finance and other financial regulators on setting up a centralised KYC (Know Your Customer) system, chairman Tuhin Kanta Pandey has said. The Central KYC is an online database that maintains KYC records of customers in a centralised manner, aiming to streamline compliance across financial institutions.

SC protects family facing deportation to Pakistan

SC protects family facing deportation to Pakistan

Rediff.com2 May 2025

The Supreme Court on Friday directed authorities not to deport to Pakistan six members of a family, who allegedly overstayed their visa, till their citizenship claim is verified.

Sensex, Nifty fall on selling in Axis Bank, Indo-Pak tensions

Sensex, Nifty fall on selling in Axis Bank, Indo-Pak tensions

Rediff.com25 Apr 2025

However, Tata Consultancy Services, Infosys, Tech Mahindra, UltraTech Cement, IndusInd Bank, Hindustan Unilever and ICICI Bank were the gainers.

Moody's cuts India's GDP growth forecast to 6.3% in 2025 on US trade uncertainty

Moody's cuts India's GDP growth forecast to 6.3% in 2025 on US trade uncertainty

Rediff.com6 May 2025

Moody's Ratings on Tuesday cut India's GDP growth projections for 2025 to 6.3 per cent, from 6.5 per cent, saying economies globally will see a slowdown on account of heightened US policy uncertainty and trade restrictions.

Sun Pharma Q4 profit down 19% at Rs 2,149.8 cr, revenue up 8%

Sun Pharma Q4 profit down 19% at Rs 2,149.8 cr, revenue up 8%

Rediff.com23 May 2025

India's largest drug maker Sun Pharmaceutical on Thursday posted a decline of 19 per cent year-on-year (Y-o-Y) for its consolidated net profit for the fourth quarter of the financial year 2025 (Q4FY25) at Rs 2,149.8 crore. Meanwhile, its revenue from operations rose by 8 per cent at Rs 12,958.8 crore.

'India is my home, don't want to go back to Pakistan'

'India is my home, don't want to go back to Pakistan'

Rediff.com29 Apr 2025

'Where my husband lives, that is my home. I want to stay here with him'

Manipur conflict: Two years on, thousands still wait to return home

Manipur conflict: Two years on, thousands still wait to return home

Rediff.com3 May 2025

Two years after ethnic violence erupted in Manipur, thousands of Internally Displaced Persons (IDPs) continue to live in overcrowded camps, struggling to rebuild their lives and facing an uncertain future. Despite the sacking of the Chief Minister and the imposition of President's rule, peace remains a distant hope. While hill-based Kukis demand a separate administration, Meiteis seek implementation of the National Register of Citizens (NRC) and deportation of those they consider illegal immigrants. The IDPs, grappling with severe psychological distress, feel forgotten by the government and are forced to depend on the mercy of others for basic needs.