News for '-prashanth'

How the markets will fare this week

How the markets will fare this week

Rediff.com18 Aug 2024

With the earnings season drawing to a close, stock markets will take cues from global trends and foreign investors' trading activity this week, analysts said. The US FOMC (Federal Open Market Committee) minutes will be the major highlight this week, experts said. "This week, there are fewer cues on the macro and micro fronts, as the Q1 earnings season has concluded.

Mega debut for Bajaj Housing Finance; shares jump 136%

Mega debut for Bajaj Housing Finance; shares jump 136%

Rediff.com16 Sep 2024

The Rs 6,560-crore initial public offer of Bajaj Housing Finance Ltd received 63.60 times subscription on September 11, the last day of bidding, amid overwhelming participation from institutional buyers. The initial share sale had a price band for the offer at Rs 66-70 per share.

Movies COMING UP In September

Movies COMING UP In September

Rediff.com3 Sep 2024

It's going to be a party on OTT this September, with a string of interesting releases but the theatre scene looks bare.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com1 Sep 2024

Movement in the stock market this week will largely be driven by global trends, macroeconomic data announcements and trading activity of foreign investors, analysts said. Equity benchmark indices, which are on a dream run for the past several days, will also track trading in global oil benchmark Brent crude and movement of rupee against the US dollar. "The next FOMC (Federal Open Market Committee) meeting is scheduled for mid-September, but before that, the market will be closely watching upcoming US economic data.

Kerala ADM's suicide amid graft charges sparks political turmoil

Kerala ADM's suicide amid graft charges sparks political turmoil

Rediff.com16 Oct 2024

The Congress and the Bharatiya Janata Party have united in their demands, calling for the immediate resignation and arrest of P P Divya, a Communist Party of India-Marxist leader and district panchayat president, who leveled graft accusations against ADM Naveen Babu at his send-off function organised by colleagues at the Kannur district collectorate.

Mcap of BSE-listed companies hit record high of Rs 429.32 lakh crore

Mcap of BSE-listed companies hit record high of Rs 429.32 lakh crore

Rediff.com12 Jun 2024

The market capitalisation of BSE-listed companies hit a record high of Rs 429.32 lakh crore on Wednesday as the BSE benchmark Sensex ended higher amid a largely positive trend in global equities. The 30-share BSE Sensex climbed 149.98 points or 0.20 per cent to settle at 76,606.57. During the day, it jumped 593.94 points or 0.77 per cent to 77,050.53.

'Will take 10 years to produce a Grand Slam champion': Paes

'Will take 10 years to produce a Grand Slam champion': Paes

Rediff.com26 Sep 2024

Fresh from his exploits in India's first-ever title-winning campaign at the Chess Olympiad, Grandmaster Vidit Gujrathi has decided against defending his crown at the 10th Vugar Gashimov Memorial Chess Super Tournament in Azerbaijan for an audience with Prime Minister Narendra Modi here on Wednesday.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com19 May 2024

The last batch of quarterly earnings, global trends and trading activity of foreign investors will guide the equity market movement in a holiday-shortened week ahead, analysts said. Volatility may continue amid investors' cautious approach in the election season. Markets will remain closed on Monday due to the fifth phase of the Lok Sabha elections in Mumbai.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com5 May 2024

The ongoing fourth quarter earnings season, global factors and macroeconomic data would guide the trends in the equity markets this week, analysts said. Markets would also take cues from trading activity of foreign investors, rupee-dollar trend and movement of global oil benchmark Brent crude. "Domestically, the next batch of Q4 earnings reports will drive stock-specific movements, Hero MotoCorp, Larsen & Toubro, BPCL, State Bank of India, Eicher Motors and Tata Motors are some of the big names in the list and the next phase of voting," said Pravesh Gour, senior technical analyst, Swastika Investmart Ltd.

GOAT Review: No Logic Here

GOAT Review: No Logic Here

Rediff.com6 Sep 2024

Divya Nair recommends that non-Vijay fans save their money and wait for GOAT to drop on Netflix instead. At least you can fast forward and get to the climax faster.

Markets snap five-day rally; Sensex tumbles over 600 pts

Markets snap five-day rally; Sensex tumbles over 600 pts

Rediff.com26 Apr 2024

Market benchmarks Sensex and Nifty wilted under selling pressure on Friday after a five-day rally as investors pared exposure to banking, financial and consumer durable stocks amid mixed trends in global markets. Rising global crude prices, a depreciating rupee and persistent foreign fund outflows further weighed on sentiment, traders said.

Prabhas Parties With Prithviraj

Prabhas Parties With Prithviraj

Rediff.com9 Jan 2024

The Salaar team is celebrating the film's success in Hyderabad.

Sensex tanks 455 points dragged by bank stocks

Sensex tanks 455 points dragged by bank stocks

Rediff.com18 Apr 2024

Titan Company, Axis Bank, NTPC, Tata Motors, ITC, Tech Mahindra, Bajaj Finserv, ICICI Bank, HDFC Bank and Bajaj Finance were the other laggards. Bharti Airtel, Power Grid, Infosys and Larsen & Toubro were among the gainers.

Investors' wealth up by Rs 11 lk cr in 5 days

Investors' wealth up by Rs 11 lk cr in 5 days

Rediff.com25 Apr 2024

The market capitalisation of BSE-listed companies jumped to a lifetime peak of Rs 404.18 lakh crore on Thursday helped by a five-day rally in benchmark indices, making investors richer by Rs 11.29 lakh crore. Recovering after a sell-off in early trade, the 30-share BSE Sensex climbed 486.50 points or 0.66 per cent to settle at 74,339.44 on Thursday. During the day, it surged 718.31 points or 0.97 per cent to 74,571.25.

Aus Open: Bopanna-Babos pull out of mixed doubles

Aus Open: Bopanna-Babos pull out of mixed doubles

Rediff.com20 Jan 2024

The duo lost their second round men's doubles match to Marcelo Arevalo of El Salvador and Mate Pavic of Croatia at the Australian Open.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com24 Mar 2024

Stock markets would be driven by global trends and foreign investors' trading activity in the holiday-shortened week, analysts said adding that key equity indices may face volatile trends amid the monthly derivatives expiry on Thursday. This week markets will have just three trading sessions. Equity markets will remain closed on Monday for Holi and on Friday for Good Friday. "This week will be shorter due to market closure on both Monday for Holi and Friday for Good Friday.

Byju's may move NCLAT against insolvency order

Byju's may move NCLAT against insolvency order

Rediff.com18 Jul 2024

Edtech company Byju's parent Think & Learn will challenge the National Company Law Tribunal's (NCLT's) order on insolvency proceedings and may approach the National Company Law Appellate Tribunal (NCLAT) in the next few days, a source claimed. With the NCLT appointing Pankaj Srivastava as the interim resolution professional (IRP), time is running out for Byju's as the committee of creditors (CoC) begins to be formed.

How will the markets fare this week

How will the markets fare this week

Rediff.com14 Apr 2024

Geopolitical events, macroeconomic data and quarterly earnings of corporates would guide the stock market in a holiday-shortened week ahead, analysts said. Stock markets will remain closed on Wednesday for Ram Navami. "This week promises to be crucial for the market as fresh worries about a potential conflict between Iran and Israel emerge.

Davis Cup: India drawn to meet Sweden in away tie

Davis Cup: India drawn to meet Sweden in away tie

Rediff.com8 Feb 2024

India were on Thursday drawn to meet Sweden in an away Davis Cup World Group I tie in September.

Mcap of BSE-listed companies soar to all-time high of Rs 406.52 lakh cr

Mcap of BSE-listed companies soar to all-time high of Rs 406.52 lakh cr

Rediff.com29 Apr 2024

The market capitalisation of BSE-listed companies soared to an all-time high of Rs 406.52 lakh crore on Monday thanks to a rally in equities where the BSE Sensex climbed over 1 per cent. The 30-share BSE Sensex rallied 941.12 points or 1.28 per cent to finish at 74,671.28. During the day, it zoomed 990.99 points or 1.34 per cent to 74,721.15.

From simulator sessions to yoga, astronauts train hard for Gaganyaan

From simulator sessions to yoga, astronauts train hard for Gaganyaan

Rediff.com28 Feb 2024

Training modules also cover academic courses, Gaganyaan flight systems, nicro-gravity familiarisation through parabolic flights, recovery training, mastering of flight procedures and training on crew training simulators, according to ISRO sources.

Investors become poorer by Rs 6 lakh cr as markets crash

Investors become poorer by Rs 6 lakh cr as markets crash

Rediff.com28 Feb 2024

Investors' wealth eroded by Rs 6 lakh crore in a single day on Wednesday as the BSE benchmark Sensex tumbled over 790 points. The 30-share BSE Sensex fell by 790.34 points or 1.08 per cent to settle at 72,304.88. During the day, it slumped 872.93 points or 1.19 per cent to 72,222.29.

BJP MLA quits post after son found with Rs 6 cr cash

BJP MLA quits post after son found with Rs 6 cr cash

Rediff.com3 Mar 2023

According to Lokayukta sources, Prashanth, the chief accounts officer of Bangalore Water Supply and Sewerage Board, was caught red-handed on Thursday evening while accepting a bribe of Rs 40 lakh from a contractor at the Karnataka Soap and Detergent Limited (KSDL) office.

IPO-bound startups find favour with investors amid funding resurgence

IPO-bound startups find favour with investors amid funding resurgence

Rediff.com26 Jun 2024

The tide of startup-funding is turning in India, with a rising trend of overall funding while the deal sizes grow bigger. However, the spotlight now is on late-stage startups, many of which are seen to be headed for initial public offerings (IPOs). Record surge in stock markets and consistently improving performances of listed startups are understood to have turned the sentiment for the better, especially for those that exhibit a clear path to an IPO.

Markets rally make investors richer by Rs 10.58 lakh cr in three days

Markets rally make investors richer by Rs 10.58 lakh cr in three days

Rediff.com1 Apr 2024

Investors' wealth soared by Rs 10.58 lakh crore in three days of the market rally, where the BSE benchmark jumped over 2 per cent, and hit an all-time high on Monday. Extending its winning momentum to the third day running, the 30-share BSE Sensex jumped 363.20 points or 0.49 per cent to settle at 74,014.55. During the day, it zoomed 603.27 points or 0.81 per cent to hit its record high of 74,254.62.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com17 Mar 2024

Stock markets would take cues from the biggest event of the week -- the US Fed interest rate decision, besides tracking the trends in global markets and trading activity of foreign investors, analysts said. Last week, a heavy decline in smallcap, midcap firms, foreign fund outflows and elevated crude oil prices in the international market dented investors' sentiments. Experts said equity markets may remain volatile in the near-term amid a host of global central bank's monetary policy decisions lined up during the week.

Investors become richer by Rs 3.24 lakh cr as markets rally

Investors become richer by Rs 3.24 lakh cr as markets rally

Rediff.com4 Jan 2024

Investors' wealth grew by Rs 3.24 lakh crore on Thursday as the BSE Sensex jumped nearly 1 per cent after a two-day slide. The 30-share BSE Sensex jumped 490.97 points or 0.69 per cent to settle at 71,847.57. During the day, it rallied 598.19 points or 0.83 per cent to 71,954.79.

K'taka BJP MLA Virupakshappa held as HC rejects bail plea in graft case

K'taka BJP MLA Virupakshappa held as HC rejects bail plea in graft case

Rediff.com27 Mar 2023

A viral video showed the Lokayukta sleuths intercepting the MLA at the Kyathasandra toll gate in Tumakuru when was heading for Bengaluru.

Prabhas To Undergo Knee Surgery

Prabhas To Undergo Knee Surgery

Rediff.com19 Aug 2023

'He cannot avoid the urgently needed medical attention any longer.'

Investors richer by Rs 9.68 lakh cr in five days

Investors richer by Rs 9.68 lakh cr in five days

Rediff.com15 Jan 2024

Dalal Street investors became richer by Rs 9.68 lakh crore in five days of market rally, where the Sensex breached the historic 73,000-mark for the first time ever to reach a new record peak, taking the market capitalisation of BSE-listed companies to an all-time high of Rs 376 lakh crore. The 30-share BSE Sensex jumped 759.49 points or 1.05 per cent to settle at a new closing high of 73,327.94 on Monday. During the day, it zoomed 833.71 points or 1.14 per cent to reach its all-time peak of 73,402.16.

Sensex, Nifty rebound; power, utility shares advance

Sensex, Nifty rebound; power, utility shares advance

Rediff.com10 Nov 2023

Among the Sensex firms, NTPC, Tech Mahindra, UltraTech Cement, Bajaj Finance, ITC, Bajaj Finserv, Axis Bank and Power Grid were the major gainers. On the other hand, Mahindra & Mahindra, HCL Technologies, Titan and IndusInd Bank were among the laggards.

Congress leaders detained during protest in Karnataka

Congress leaders detained during protest in Karnataka

Rediff.com4 Mar 2023

More than Rs 8 crore unaccounted cash has been seized in subsequent raids at various locations by Lokayukta. The arrested officer's father is Madal Virupakshappa, the MLA representing Channagiri constituency in Davangere district of the state.

How will the markets fare this week?

How will the markets fare this week?

Rediff.com17 Dec 2023

Global trends and trading activity of foreign investors would largely dictate terms in the equity markets this week amid a lack of major domestic triggers, analysts said. Markets may face near-term consolidation due to elevated valuations, they noted. "While the previous week was predominantly shaped by developments in the US Federal Reserve policy, attention will now shift to the Bank of Japan's policy decision on December 19," Santosh Meena, Head of Research, Swastika Investmart Ltd, said.

Investors richer by Rs 8 lakh crore in 3 days

Investors richer by Rs 8 lakh crore in 3 days

Rediff.com15 Dec 2023

Among the Sensex firms, Infosys, Tech Mahindra, HCL Technologies, Tata Consultancy Services, Wipro and JSW Steel were the major gainers during the morning deals. Nestle, Bharti Airtel, Axis Bank ITC were among the laggards.

Why no arrest for BJP MLA after cash haul, asks Kejriwal

Why no arrest for BJP MLA after cash haul, asks Kejriwal

Rediff.com7 Mar 2023

Kejriwal said Prime Minister Narendra Modi should not talk about fighting corruption as a Bharatiya Janata Party MLA in Karnataka was not arrested despite a huge amount of cash was found at his home.

BSE-listed firms' m-cap touch record high of Rs 337.67 lakh crore

BSE-listed firms' m-cap touch record high of Rs 337.67 lakh crore

Rediff.com1 Dec 2023

The combined market capitalisation of BSE-listed companies hit an all-time high of Rs 337.67 lakh crore ($4 trillion) on Friday amid a rally in equities, mainly on account of favourable macroeconomic data and continuous foreign fund inflows. Rising for the fourth straight day, the 30-share BSE Sensex jumped 492.75 points or 0.74 per cent to settle at 67,481.19 points. During the day, it rallied 575.89 points or 0.85 per cent to 67,564.33 points.

GenAI, climate & fintech, hot bets for investors next year: Accel's Prakash

GenAI, climate & fintech, hot bets for investors next year: Accel's Prakash

Rediff.com4 Dec 2023

Generative artificial intelligence (AI), climate tech and fintech sectors will be the hot areas for venture capitalists and founders in the next year, according to the prediction by Prashanth Prakash, founding partner of the global venture capital firm Accel Partners in India and the chairperson of Karnataka Startup Vision Group. Prakash said that about $25 billion has been invested into building Gen AI globally. But a lot of that capital has not yet come to India, opening up huge opportunities for startups in the country.

How markets will fare this week

How markets will fare this week

Rediff.com3 Dec 2023

Global trends, trading activity of foreign investors, outcome of state elections and RBI's interest rate decision are the major factors that will drive the movement in the domestic equity markets this week, analysts said. "Global markets are currently in a fabulous mood. The US 10-year bond yield and the dollar index are also cooling off, which gives strength to the market. These factors will be closely monitored, as they have the potential to influence market sentiment," said Pravesh Gour, senior technical analyst, Swastika Investmart Ltd. On the political front, the results of assembly elections in five states are eagerly anticipated, Gour said.

Salaar Trailer: Non-Stop Action!

Salaar Trailer: Non-Stop Action!

Rediff.com2 Dec 2023

If Salaar is just a compendium of violent action, and an overuse of CGI, it would be a tedious watch, sighs Deepa Gahlot.

How the markets will fare this week

How the markets will fare this week

Rediff.com29 Oct 2023

The US Federal Reserve's interest rate decision, global cues, macroeconomic data announcements and the ongoing quarterly earnings are the major triggers that will dictate trends in stock markets this week, analysts said. Besides, the trading activity of foreign investors and the movement of global oil benchmark Brent crude will also be tracked. "All eyes are on the outcome of the US Federal Reserve meeting scheduled for November 1, particularly due to the multi-year high levels of the US bond yields.