News for '-shailesh-andrade'

Sensex gains 157 points on F&O expiry, positive global cues

Sensex gains 157 points on F&O expiry, positive global cues

Rediff.com27 Dec 2018

The biggest gainers on both the bourses were Reliance Industries, Infosys, NTPC, ONGC, HUL, PowerGrid, Asian Paints, ITC and HCL Tech, rising up to 2 per cent.

Staff unhappy as Sebi hunts for external EDs

Staff unhappy as Sebi hunts for external EDs

Rediff.com29 Jun 2020

Sebi had recently put out an advertisement inviting applications for recruitment of two EDs on contractual or deputation basis for a three-year period and asked candidates to apply by July 17.

Sensex gains 77 points at close as pharma, metal stocks shine

Sensex gains 77 points at close as pharma, metal stocks shine

Rediff.com18 Dec 2018

The 50-share NSE Nifty too rose by 20.35 points, or 0.19 per cent, to end at 10,908.70.

Funds get a Sebi code to boost corporate governance

Funds get a Sebi code to boost corporate governance

Rediff.com2 Jan 2020

Sebi's stewardship code for mutual funds and alternative investment funds lays down six principles to improve corporate governance standards in their investee companies, reports Jash Kriplani.

Sensex, Nifty hit new highs on World Bank ranking

Sensex, Nifty hit new highs on World Bank ranking

Rediff.com1 Nov 2017

The market rally was driven by strong buying in telecom, banking, realty, metal, FMCG and PSU counters.

Sensex starts FY21 with 1,203-pt plunge; bank, IT stocks hammered

Sensex starts FY21 with 1,203-pt plunge; bank, IT stocks hammered

Rediff.com1 Apr 2020

Tech Mahindra was the top loser in the Sensex pack, crashing over 9 per cent, followed by Kotak Bank, Axis Bank, TCS, Infosys and HUL. On the other hand, Hero MotoCorp, Bajaj Auto, Bajaj Finance and Titan were the gainers.

India Inc's Q4 net profit takes a 22% hit

India Inc's Q4 net profit takes a 22% hit

Rediff.com19 Jun 2020

While margins contracted by 30 basis points on y-o-y basis, they fell a sharper 120 basis points on a sequential basis to 16.8 per cent. Profitability was impacted adversely due to subdued demand, tepid realisations in commodity sectors, and negative operating leverage.

Sensex, Nifty log best day in over 10 years; investors eye stimulus package

Sensex, Nifty log best day in over 10 years; investors eye stimulus package

Rediff.com25 Mar 2020

Reliance Industries was the top gainer in the Sensex pack, rallying up to 15 per cent, followed by Kotak Bank, Maruti, HDFC twins, Titan, L&T and Axis Bank. On the other hand, IndusInd Bank, ONGC, ITC and Bajaj Auto closed with losses. the NSE Nifty settled 516.80 points, or 6.62 per cent, up at 8,317.85.

Can Malavika Hegde turn Cafe Coffee Day around?

Can Malavika Hegde turn Cafe Coffee Day around?

Rediff.com18 Dec 2020

V G Siddhartha's wife has the support of the employees. But the challenges ahead of her are tough.

RBI to buy an additional Rs 40,000 crore worth of G-secs in Dec

RBI to buy an additional Rs 40,000 crore worth of G-secs in Dec

Rediff.com28 Nov 2018

Stemming from the default of IL&FS in September, on various debt instruments including commercial papers, bonds and loans, the financial sector has been facing a liquidity crunch for the last eight to ten weeks.

BNP Paribas sees Sensex at 50,500 in 2021; remains overweight on India

BNP Paribas sees Sensex at 50,500 in 2021; remains overweight on India

Rediff.com15 Dec 2020

In terms of stock selection, India continues to benefit from two phenomena - the big getting bigger and availability of quality stocks in relative abundance compared with its Asian peers.

Sensex logs worst fall in history; Nifty below 9,600

Sensex logs worst fall in history; Nifty below 9,600

Rediff.com12 Mar 2020

All Sensex components ended in the red. SBI was the top loser, followed by ONGC, Axis Bank, ITC, Titan, Bajaj Auto, TCS and IndusInd Bank.

Broking industry disrupted by new entrants

Broking industry disrupted by new entrants

Rediff.com11 Apr 2019

While discount brokers have managed to grow at a rapid pace, they have not been successful in capturing substantial market share in the above-40 age category.

Sebi cites Karvy's illegal transfer of client money worth Rs 2300 cr

Sebi cites Karvy's illegal transfer of client money worth Rs 2300 cr

Rediff.com2 Dec 2019

After considering the facts and circumstances of the case including enormity of the prima facie violations observed against Karvy, Sebi in an order passed late night Friday said it would not be prudent to allow the use of PoA by Karvy given to it by its clients.

GST collection in April at Rs 1.03 lakh crore

GST collection in April at Rs 1.03 lakh crore

Rediff.com1 May 2018

The buoyancy in the tax revenue of GST reflects the upswing in the economy and better compliance

Jio, too, is bitten by the slowdown bug

Jio, too, is bitten by the slowdown bug

Rediff.com20 Nov 2019

It reported adding 698,3146 subscribers in September, the lowest since it added 6.1 million in November 2017.

Siddhartha talks of harassment by IT officer in letter

Siddhartha talks of harassment by IT officer in letter

Rediff.com30 Jul 2019

Siddhartha alleged in his letter that there was a lot of harassment from the previous DG Income Tax in the form of attaching "our shares on two separate occasions to block our Mindtree deal and then taking possession of our Coffee Day shares, although revised returns have been filed by us".

Inflation to stay below RBIs target of 4%: Survey

Inflation to stay below RBIs target of 4%: Survey

Rediff.com11 Aug 2017

It noted that the economy underwent a transition -- possibly, structural and permanent -- from high to low inflation in the last three years.

Weird case of why L&T lost 14 large orders in India

Weird case of why L&T lost 14 large orders in India

Rediff.com14 Dec 2021

Larsen & Toubro (L&T), India's largest construction and engineering player, has lost as many as 14 large orders in the country because companies that don't possess adequate technical expertise and experience, of late, have won the projects by bidding lower, claimed A M Naik, non-executive chairman of L&T. But the company has made up for the losses by winning projects overseas, where it has acquired a sizeable market share amid tough competition from large global players, he said.

Banking stocks push Sensex up 108 points at close

Banking stocks push Sensex up 108 points at close

Rediff.com27 Mar 2018

The 50-share Nifty scaled a high of 10,207.90 intra-day but succumbed to profit-booking to finish at 10,184.15, up 53.50 points

Sensex drops 61.16 points in late sell-off; TCS falls 5%

Sensex drops 61.16 points in late sell-off; TCS falls 5%

Rediff.com13 Mar 2018

The broader NSE Nifty managed to end higher for the second day at 10,426.85, up by 5.45 points or 0.05 per cent after shuttling between 10,478.60 and 10,377.85, intra-day.

Ola expands global footprint, gets London licence to take on Uber

Ola expands global footprint, gets London licence to take on Uber

Rediff.com7 Jul 2019

In the UK, Ola is the only app that offers black cabs and private hire vehicles, giving both the driver-partners as well as the users, more choice.

Sensex surges 373 points on macro data, rupee recovery

Sensex surges 373 points on macro data, rupee recovery

Rediff.com14 Sep 2018

The NSE Nifty too breached the 11,500-level with a jump of 145.30 points.

No leak from our side, say makers of Scorpene subs in India

No leak from our side, say makers of Scorpene subs in India

Rediff.com25 Aug 2016

An official said that there were stringent norms at MDL on data security.

Cyrus Poonawalla buys iconic Lincoln House for Rs 750 crore

Cyrus Poonawalla buys iconic Lincoln House for Rs 750 crore

Rediff.com14 Sep 2015

The sale of the Lincoln House in the Breach Candy area of south Mumbai, which used to house the US consulate, to the billionaire chairman of the Pune-based Serum Institute, makes it the largest real estate deal in the country's financial capital.

Rakesh Jhunjhunwala rejigs portfolio in Q2; ups stake in Lupin, Tata Motors

Rakesh Jhunjhunwala rejigs portfolio in Q2; ups stake in Lupin, Tata Motors

Rediff.com30 Oct 2020

The duo bought additional shares in pharmaceutical companies Lupin and Jubilant Life Sciences, along with Agro Tech Foods and NCC during Q2FY21

From mountains to seas, India celebrates Yoga Day

From mountains to seas, India celebrates Yoga Day

Rediff.com22 Jun 2017

Brimming with excitement and energy, thousands of people across the country gathered in large numbers at various parks and public squares to mark the third International Day of Yoga.

Not happy with stock market returns?

Not happy with stock market returns?

Rediff.com28 Oct 2020

Gaurav Garg, head of research at CapitalVia Global Research Limited will answer your stock market queries.

Sebi eases norms for raising funds during pandemic

Sebi eases norms for raising funds during pandemic

Rediff.com25 Jun 2020

The watchdog would provide an additional option to the existing pricing methodology for preferential issuances.

Paytm to flex offline muscle

Paytm to flex offline muscle

Rediff.com14 Jun 2017

Paytm is banking on its offline network of merchants to fight bigger rivals Amazon and Flipkart

Sebi comes out with modalities for accredited investors

Sebi comes out with modalities for accredited investors

Rediff.com26 Aug 2021

Markets regulator Sebi on Thursday came out with detailed modalities for implementation of the accredited investors framework, a move expected to open up a new channel of raising funds from sophisticated investors. The regulator has issued guidelines on eligibility criteria for accredited investors (AIs), procedure as well as validation for accreditation, procedure to avail benefits linked to accreditation and flexibility to investors to withdraw "consent", according to a circular. Sebi had earlier this month introduced the concept of "accredited investors" in the Indian securities market.

Jio users to be charged for voice calls for the first time

Jio users to be charged for voice calls for the first time

Rediff.com9 Oct 2019

Jio to charge users 6 paisa/min for voice calls made to rival phone networks. However, these charges are not applicable on calls made by Jio users to other Jio phones and to landline phones and calls made using WhatsApp, FaceTime and other such platforms.

Sensex plunges 434 points post RBI policy; rate-sensitive stocks tank

Sensex plunges 434 points post RBI policy; rate-sensitive stocks tank

Rediff.com4 Oct 2019

Top laggards in the Sensex pack included Kotak Bank, ICICI Bank, HDFC Bank, Tata Motors, L&T, SBI, Tata Steel and Axis Bank, falling up to 3.46 per cent.

HDFC-HDFC Bank: Great Marriage, But...

HDFC-HDFC Bank: Great Marriage, But...

Rediff.com1 Jun 2022

But there are challenges, observes Tamal Bandyopadhyay.

Sensex, Nifty close at record highs on rate cut hopes

Sensex, Nifty close at record highs on rate cut hopes

Rediff.com3 Jun 2019

Top Sensex gainers include Hero MotoCorp, Bajaj Auto, Asian Paints, IndusInd Bank, HUL, and Maruti, rallying up to 5.87 per cent. While, ICICI Bank, NTPC and ITC slipped up to 0.13 per cent.

Sensex pares gains, ends up 693 points

Sensex pares gains, ends up 693 points

Rediff.com24 Mar 2020

Top gainers in the Sensex pack included Infosys, Bajaj Finance, Maruti, HUL, HCL Tech and Reliance Industries, while M&M, IndusInd Bank, ITC, PowerGrid and L&T were among the losers. The NSE Nifty settled 190.80 points, or 2.51 per cent, down at 7,801.05.

7 Indian firms in Fortune 500 list

7 Indian firms in Fortune 500 list

Rediff.com1 Aug 2018

Richest Indian Mukesh Ambani-led RIL was the top private sector company from the country as it jumped from 203rd rank last year to 148th.

Air India takes 'make in India' route for food on flights to India

Air India takes 'make in India' route for food on flights to India

Rediff.com9 Jan 2019

The loss-making airline has already started using food items stocked from India during its onward journey to Stockholm, Copenhagen, Birmingham and Madrid, and use them when returning. It has said food items purchased from these foreign cities are much more expensive when compared to Indian cities.

Markets race to record highs on fund inflows, global leads

Markets race to record highs on fund inflows, global leads

Rediff.com5 Jan 2018

Sentiment got a leg-up after the Lok Sabha on Thursday gave its approval for Rs 80,000 crore recapitalisation bonds for strengthening public sector banks, traders said.

McDonald's vs Vikram Bakshi: Curtain comes down on the 6-year dispute

McDonald's vs Vikram Bakshi: Curtain comes down on the 6-year dispute

Rediff.com7 May 2019

The two parties have also approached the Delhi high court pleading that two earlier court orders be modified allowing Bakshi to sell his shares in Connaught Plaza Restaurant to McDonald's India.