News for '-shailesh-andrade'

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.

To skirt liquor ban, Rajasthan renaming state highways to 'urban roads'

To skirt liquor ban, Rajasthan renaming state highways to 'urban roads'

Rediff.com4 Apr 2017

SC had ruled liquor shops licenses along national & state highways won't be renewed after March 31

Why real estate in Mumbai will get costlier

Why real estate in Mumbai will get costlier

Rediff.com4 Apr 2017

The average home prices in Mumbai have touched Rs 12,000 per sq ft

Coffee Day brings in ex-CBI boss to probe Siddhartha's letter, study accounts

Coffee Day brings in ex-CBI boss to probe Siddhartha's letter, study accounts

Rediff.com31 Aug 2019

The assignment was earlier given to global audit firm EY. But it has now been reassigned owing to 'certain conflict of interest', the Bengaluru-based company said.

Rakesh Jhunjhunwala sees NDA government

Rakesh Jhunjhunwala sees NDA government

Rediff.com5 May 2019

Rakesh Jhunjhunwala sounded another note of caution on the nature of the latest bull run.

Sensex sheds 159 points on weak global cues, profit-booking

Sensex sheds 159 points on weak global cues, profit-booking

Rediff.com2 Jul 2018

Losses largely came from the metal index, followed by power, infrastructure, realty, PSU, oil and gas, capital goods, FMCG, healthcare, auto and banking.

Markets end flat on lacklustre global cues

Markets end flat on lacklustre global cues

Rediff.com14 Dec 2018

Among sectoral indices, telecom led the chart, spurting 3.08 per cent, followed by oil and gas.

You can buy now, pay later for RIL's rights issue

You can buy now, pay later for RIL's rights issue

Rediff.com18 May 2020

Reliance Industries shareholders will have to pay only 25 per cent for subscribing to the company's mega Rs 53,125-crore rights issue, and the balance will have to be paid in two instalments in May and November next year, the company said.

Ola reports first-ever operating profit of Rs 90 cr in FY21

Ola reports first-ever operating profit of Rs 90 cr in FY21

Rediff.com2 Nov 2021

Ola has reported its first operating profit of Rs 89.82 crore for 2020-21, even as the ride-hailing company's revenue declined 65 per cent to Rs 689.61 crore amid COVID-19 induced lockdowns. As per regulatory documents filed by ANI Technologies - the parent company of Ola - it had logged standalone operating profit (profit before finance cost, depreciation, amortisation and tax (EBITDA)) of Rs 89.82 crore in FY21 on a standalone basis, while it had registered a loss of Rs 610.18 crore in the preceding fiscal year.

Why BCCI can't escape from implementing Lodha recommendations...

Why BCCI can't escape from implementing Lodha recommendations...

Rediff.com17 Oct 2016

"The BCCI might think that they have escaped from implementing the recommendations but they are completely wrong."

Jhunjhunwala rejigged stake in 11 firms in Q4

Jhunjhunwala rejigged stake in 11 firms in Q4

Rediff.com12 May 2020

Currently, the investor and his family's net worth in listed firms stands at Rs 8,517 crore, compared to Rs 8,388 crore as of March 31, 2020.

Nadella exhorts Indian firms to develop own tech

Nadella exhorts Indian firms to develop own tech

Rediff.com24 Feb 2020

Leaders need to be ready to adapt to technological changes as quickly as possible, while they build the tech capabilities, Nadella said.

Sensex ends marginally higher at 36,194.30 points

Sensex ends marginally higher at 36,194.30 points

Rediff.com30 Nov 2018

Yes Bank, Wipro, Kotak Bank, M&M, Sun Pharma, Maruti, HDFC, Hero MotoCorp, Infosys, TCS, L&T, Bajaj Auto and HUL were among the top gainers, rising up to 6 per cent.

'This cycle will only break if a few high-profile issues 'bomb''

'This cycle will only break if a few high-profile issues 'bomb''

Rediff.com14 Sep 2021

'It really doesn't matter that investors getting allotments sell their IPO stock holdings on listing day because a new set of investors are entering.' 'This explains the continued rise in stock prices even after the first day of listing.'

SBI Q2 net up at Rs 1840 crore

SBI Q2 net up at Rs 1840 crore

Rediff.com10 Nov 2017

On standalone basis, SBI's profit declined by 37.9 per cent to Rs 1,581.55 crore, from Rs 2,538.32 crore on account of rise in bad loans.

As Diwali nears, Sensex, Nifty sparkle

As Diwali nears, Sensex, Nifty sparkle

Rediff.com16 Oct 2017

Unabated buying by domestic institutional investors and wholesale price inflation falling to 2.60 per cent in September, helped both the key indices to scale new highs.

IN PHOTOS: India over the weekend

IN PHOTOS: India over the weekend

Rediff.com23 Jan 2017

Here are the major events that shaped the country in the past 48 hours.

IL&FS auditors Deloitte, BSR to be prosecuted

IL&FS auditors Deloitte, BSR to be prosecuted

Rediff.com18 Jul 2019

But it does not mention its views on the government demand to ban these two auditors for five years from business.

Sensex climbs 213 points as auto stocks advance

Sensex climbs 213 points as auto stocks advance

Rediff.com3 Oct 2017

Firm Asian cues and a higher opening of European markets reflecting a rally on Wall Street, where all three US indices hit new records following strong economic data, bolstered trading sentiments here

Sebi scraps upfront fees for portfolio management services

Sebi scraps upfront fees for portfolio management services

Rediff.com22 Jan 2020

The regulator has asked portfolio managers not to leverage the portfolio of clients for investment in derivatives and not indulge in speculative transactions that are not accompanied by actual delivery, except for derivatives trades. This is done with the intention of reducing volatility in the market and curbing undue risks.

Reliance Jio targets 75 million households with fibre-to-home roll-out

Reliance Jio targets 75 million households with fibre-to-home roll-out

Rediff.com10 Jul 2019

Globally China, Japan, Russia and South Korea and the US are the top FTTH markets.

Sensex marginally up in see-saw trade, TCS, HDFC fall

Sensex marginally up in see-saw trade, TCS, HDFC fall

Rediff.com9 Jul 2019

The broader NSE Nifty, on the other hand, ended 2.70 points, or 0.02 per cent, lower at 11,555.90 in its third straight day of losses.

Sensex tanks 448 points on global sell-off, falling rupee

Sensex tanks 448 points on global sell-off, falling rupee

Rediff.com22 Sep 2017

The Nifty too ended lower by 121 points, or 1.19 per cent.

Sensex crashes over 750 points on global rout

Sensex crashes over 750 points on global rout

Rediff.com11 Oct 2018

The NSE Nifty settled at 10,234.65, down 225.45 points, or 2.16 per cent.

'Everybody wants to travel on an airline where they feel respected'

'Everybody wants to travel on an airline where they feel respected'

Rediff.com21 Jan 2022

'Our focus is not going to be metro to metro routes.' 'We will begin by focusing on metro to non-metro (routes).' 'Metro to tier-2 cities or tier-3 cities is where there is a lot of space for affordable, efficient carriers.'

Sensex rises for 9th day on normal monsoon forecast

Sensex rises for 9th day on normal monsoon forecast

Rediff.com17 Apr 2018

Power, realty, FMCG, consumer durables, metal, infrastructure, PSU and oil and gas and banking stocks emerged front-runners on sustained buying by participants.

Cops with potbelly won't get police medals

Cops with potbelly won't get police medals

Rediff.com14 Sep 2017

Police officers who do not enjoy a clean image too will not be given any medals, the MHA said.

Manufacturing drags down IIP growth to 1.2% in July

Manufacturing drags down IIP growth to 1.2% in July

Rediff.com12 Sep 2017

Output of capital goods -- a proxy for infrastructure investments in the country -- contracted 1 per cent in July

Meet Sandeep Bakhshi, the new CEO of ICICI Bank

Meet Sandeep Bakhshi, the new CEO of ICICI Bank

Rediff.com4 Oct 2018

A seasoned banker with over 30 years of experience, Bakhshi is a mechanical engineer from Punjab Engineering College, Chandigarh. He has a post-graduate degree in management from Xavier Labour Relations Institute.

RBI relaxes cash reserve rules to ease liquidity

RBI relaxes cash reserve rules to ease liquidity

Rediff.com27 Sep 2018

The move by the central bank follows concerns over tight liquidity conditions and banks' unwillingness to lend to NBFCs.

SBI Q1 profit surges by 81% to Rs 4,189 crore

SBI Q1 profit surges by 81% to Rs 4,189 crore

Rediff.com31 Jul 2020

Standalone total income increased to Rs 74,457.86 crore in the first quarter of 2020-21, from Rs 70,653.23 crore in the same period a year ago.

COVID-19: Mumbai, Delhi see decline in traffic congestion

COVID-19: Mumbai, Delhi see decline in traffic congestion

Rediff.com18 Mar 2020

Mumbai saw an average 46 per cent decline in congestion during the morning rush hour on Tuesday. New Delhi's data also showed an average 34 per cent decline in congestion during morning.

Ola expands to Australia, begins service in Sydney

Ola expands to Australia, begins service in Sydney

Rediff.com12 Mar 2018

Uber, Ola's main competitor in Australia, currently operates in 19 cities including Sydney, Melbourne, Brisbane, Adelaide, Perth and Canberra.

REWIND: India in the last 24 hours

REWIND: India in the last 24 hours

Rediff.com4 Nov 2016

Here's a recap of events that occurred in India in the past 24 hours.

ICICI Bank Q3 profit down 3% on NPA woes

ICICI Bank Q3 profit down 3% on NPA woes

Rediff.com30 Jan 2019

Total income rose to Rs 20,163.25 crore during the quarter as compared to Rs 16,832.22 crore in the same period a year ago.

Uncertainty haunts shareholders of L&T, Mindtree

Uncertainty haunts shareholders of L&T, Mindtree

Rediff.com30 May 2019

L&T is pursuing a controlling stake of 66 per cent in the mid-tier IT firm, for Rs 10,700 crore.

Gold demand may fall in flood-hit Kerala

Gold demand may fall in flood-hit Kerala

Rediff.com28 Aug 2018

'Expenditure on gold jewellery in Kerala is the highest in the country.' 'But the robust demand has been affected by the floods.'

Govt nominees likely on more Sebi panels

Govt nominees likely on more Sebi panels

Rediff.com12 Sep 2019

While experts' views are divided, the move is aimed at improving the coordination between the government and the regulator.

Sensex succumbs to late sell-off; ends in red for 3rd session

Sensex succumbs to late sell-off; ends in red for 3rd session

Rediff.com20 Feb 2018

Sustained foreign funds outflows and the rupee depreciating 68 paise to hit a three-month low of 64.88 (intra-day) against the dollar affected investor sentiment

The 5 biggest threats to global economy

The 5 biggest threats to global economy

Rediff.com26 Feb 2020

While the US-Iran conflict leading to a spike in global oil prices and trade war between the US and the EU topped the chart with 25 per cent, other major risks to the global economy include coronavirus, debt burdens causing a recess across emerging markets and Hong Kong protests causing an exodus from Asia's biggest financial centre.