Re-rating of Bharat Petroleum Corporation, Container Corporation, Shipping Corporation, SAIL, and Hindustan Copper, for which the government has already shown intent to divest its stake, possible now, say analysts.
The Narcotics Control Bureau's special investigation team has found "grave irregularities" and gaps in the probe of the Mumbai drugs-on-cruise case, with officials saying its first team that arrested Bollywood superstar Shah Rukh Khan's son Aryan did not follow rules like mandatory medical test of accused, video recording of the raids and corroborate evidence for WhatsApp chats.
Karnataka Chief Minister B S Yediyurappa on Tuesday said the central leadership of the Bharatiya Janata Party had discussed with him before finalising the names of two "low profile" party workers as candidates for the June 19 Rajya Sabha polls from the state. "Only the BJP can take such decisions and give opportunity to ordinary karyakartas. From our core committee (state) we had sent some names, but ultimately our national president spoke to me and said it has been decided to give tickets to ordinary party workers, we discussed it, after which the two names have been finalised."
With just over a month to go for assembly elections in Goa, political observers feel the Congress may upset the Bharatiya Janata Party's plans for retaining power in the coastal state, but appear less enthused about the Trinamool Congress, whose entry has added colour to the poll campaign.
Kiran Gosavi, an 'independent witness' of the Narcotics Control Bureau (NCB) in the drugs-on-cruise case who is absconding, on Monday refuted the extortion claims made by his aide and another witness in the case, Prabhakar Sail, and said he will surrender shortly before the Lucknow police.
Ola founder and chief executive officer (CEO) Bhavish Aggarwal will step back from day-to-day operations to focus more on engineering functions, team building, and products, apart from focusing on long-term strategic projects, such as two-wheelers, cars, and innovations in quick commerce and international expansion. "I'll be spending more time with all engineering functions, team building, and on products," said Aggarwal in an internal note, adding, "I'll also be increasing my focus on our longer-term strategic projects, including new two-wheeler products, our car project, innovations in quick commerce, electrifying ride-hailing, our cell research and development (R&D), international expansion, building our Pune technology (tech) centre, and Futurefoundry UK." To drive scale, speed, and quality, Aggarwal said he is expanding Ola Group's chief financial officer (CFO) G R Arun Kumar's role to help him steer 'day-to-day operations' across the group.
The minister, however, henceforth, must make statements against Wankhede or his family only after "reasonable verification of facts," the HC said.
Low home loan rates by banks could put large players in an advantageous position over smaller non-bank players, believe analysts.
More than 40 artists from four cities -- Delhi, Mumbai, Navi Mumbai, Pune -- gathered in Mumbra, a township near Mumbai. The artists joined women in Mumbra protesting the Citizens (Amendment) Act.
Stocks of public sector companies, especially the oil refining and marketing companies (OMCs) - Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL) and Indian Oil Corporation Limited (IOC) - logged gains on Tuesday in a weak market. While the Nifty lost nearly 1 per cent in trade on Tuesday, the Nifty CPSE index - a gauge of performance of central public sector enterprises on the National Stock Exchange (NSE) - gained over 3 per cent in intra-day trade. The rally in PSU stocks comes on the back of the BPCL chairman, Arun Kumar Singh suggesting in the company's annual general meeting (AGM) on Monday that the government intends to complete the divestment process in the OMC by March 2022.
This correction has given a good entry for long-term investors. One should buy quality stocks and those with growth potential.
A K Prabhakar, senior VP and Head - Equity Research (Retail), Anand Rathi Financial Services Ltd, will host a chat on Friday, June 14, between 4 pm and 5 pm.
Will Murthy's return change the fortunes of Infosys? If yes how soon will the table be turned?
From Jammu and Kashmir to Andhra Pradesh, consumers are facing power cuts ranging from 2 hours to 8 hours.
The latest circular from BSE that sought to cap the price movement of select scrips, especially the mid-, small-cap segments, traded on the exchange is not without a reason. A quick calendar year-to-date price check on the stocks from the categories put under 'Add-on Price Band Framework' by the BSE reveals a total of 210 stocks have seen their market price more than double. Among individual stocks, SC Agrotech, Adinath Textiles, Waaree Renewable Technologies, Steel Strips Infrastructure, Unistar Multimedia, Texel Industries, Raja Bahadur International and Hindustan Everest Tools from the BSE's X and XT group have rallied over 500 per cent during this period. Topping the charts is Gita Renewable Energy, which has zoomed 3,964 per cent to Rs 272.35 now from Rs 6.7 as on December 31, 2020.
Palekar was repeatedly interrupted during his speech by some NGMA members.
Thakur, Sundar talk us through their record-breaking partnership.
In our series to celebrate Sachin Tendulkar's landmark 200th Test, ex-India pacer Manoj Prabhakar shares his thoughts on his former teammate with Bikash Mohapatra
Around 75 per cent, or 372 stocks, that are part of the BSE500 are trading at least 10 per cent below their all-time high levels, despite the index hitting a record high 20,515 points on the BSE in intra-day trade on Wednesday, surpassing its previous high of 20,390 touched in March 12. The index, which accounts for 93 per cent of BSE listed companies' market capitalisation, has gained 8 per cent from its recent low of 18,983, touched on April 19. In comparison, the benchmark S&P BSE Sensex gained 6 per cent over the same period, but is still nearly 4.5 per cent away from its all-time high of 52,517 that it hit on February 16.
A group of artists held a protest in Mumbai on Saturday against the Citizenship (Amendment) Act by creating paintings around the theme of 'Save Constitution'. The protest was organised by the Secular Movement and the Secular Artist Movement at the Azad Maidan in south Mumnbai. Some 90 artists from across the state, including Prakash Bhise, Sudharak Olwe, Prabhakar Kamble and Nandkumar Jogdand, created several canvas paintings against CAA.
The Union home ministry pulled up Delhi Police Commissioner Neeraj Kumar for the lack of prompt action to trace the five-year-old girl, who was kidnapped and raped, despite her parents registering a missing complaint on Monday. The police team was accompanied by Prabhakar, deputy commissioner of police East Delhi.
Tarak Sinha, the Indian coach with most number of international and first-class cricketers as his disciples, died on Saturday morning after a prolonged illness.
India have won the Asia Cup on seven occasions, Sri Lanka on five occasions, with Pakistan winning it twice.
The deputy commissioner of police of East Delhi, where the rape of a five-year-old girl had taken place, was shifted in a reshuffle of middle-level officers of the Delhi police.
An MP from Karimnagar district in Andhra Pradesh on Friday filed a complaint against eminent scholar Ashis Nandy, for making remarks alleged to be anti-Dalit at the Jaipur Literature Festival, police said.
The top court asked the student Mohd Aleem Syed to file an affidavit after visiting his parents.
She has been booked under the anti-terror law in a case related to communal violence in northeast Delhi in February. Additional Sessions Judge Dharmender Rana granted the interim relief from June 10 to June 19 to Jahan on furnishing two sureties of Rs 1 lakh.
As per the mega consolidation plan, Oriental Bank of Commerce and United Bank of India will merge into Punjab National Bank (PNB); Syndicate Bank into Canara Bank; Andhra Bank and Corporation Bank into Union Bank of India; and Allahabad Bank into Indian Bank. Following this merger, PNB will become second largest after the SBI, Canara Bank fourth, Union Bank of India fifth and Indian Bank seventh biggest public sector lender.
In a live chat on rediff.com on Wednesday, July 16, 4 pm, Feroze Azeez, will offer some valuable suggestions on investments.
Tamil Nadu all-rounder M Shahrukh Khan had a base price of Rs 20 lakh but Punjab Kings happily shelled out a huge sum to secure his services
This crisis has arisen just as demand in India's auto sector started seeing some sort of revival after the nationwide lockdown in March/April.
Shares of small-cap companies have been on a roll with the S&P BSE Small-Cap index hitting a new high in intra-day deals on Thursday. The rally has been fueled by an up move in stocks of chemicals, cement, graphite electrode makers, pharmaceuticals and information technology (IT) shares. In the past two weeks, since March 25, the index has outperformed the market by gaining 7.3 per cent. In comparison, the S&P BSE Midcap index was up 6.1 per cent, while the S&P BSE Sensex gained 3.6 per cent during the same period.
Ridiculing the statement of Telangana Rashtra Samithi chief K Chandrasekhar Rao that Telangana would be formed within next three months, Bharatiya Janata Party state spokesperson NVSS Prabhakar on Thursday challenged him to facilitate Telangana state in three months or quit political life.
So far in September, the S&P BSE Small-cap index has gained nearly 3 per cent as compared to a modest 0.2 per cent dip in the S&P BSE Sensex.
Agriculture activity, according to recent channel checks by Prabhudas Lilladher, is expected to continue at a strong pace in FY22.
State Tourism minister Vatti Vasant Kumar and TDP legislator Chintamaneni Prabhakar shoved each other, after an eated argument on the dais during the 'Rachabanda' (mass contact programme), they said adding the MLA was later taken into custody.
IMD expects day temperatures to remain above-normal in select regions across the country between March and May 2021.
"There is no evidence of consumption, no recovery of drugs and absolutely no evidence to show his participation in this so-called conspiracy and abetment as alleged by the NCB," Rohatgi said while arguing for Aryan Khan's bail.
Working round-the-clock over the past few days, an Indian Institute of Science team is buildingan indigenous ventilator prototype for Covid-19 victims, and it is expected to be ready in the current month itself. A ventilator can be a life-saver for patients whose lungs are damaged by the Covid-19 infection. But India, like all countries grappling with this pandemic, is likely to face a large shortage of ventilators.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances