The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn't valid and will not stand scrutiny of market regulator Sebi. The Burman family claimed that the competing offer falls outside the 15-day window stipulated by the Sebi takeover code, following their initial offer on October 4th, 2023.
Uttam Ghosh offers his take on Prime Minister Narendra Damodardas Modi's sudden decision to repeal the three farm laws.
'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.'
Gross GST collections grew 8.5 per cent to over Rs 1.82 lakh crore in November on account of increased sales spurred by the festive season.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
offers his take on the constantly zooming fuel prices in the country.
UPI-related frauds have accounted for a cumulative loss of Rs 2,145 crore across 2.7 million reported incidents.
When investing in fixed-income products, balancing considerations like safety, liquidity, and income is essential.
Shares of state-owned bank stocks were under pressure on Monday due to muted deposit and credit growth numbers reported by these lenders in the October-December quarter (Q3) of 2024-25 (FY25). The Nifty PSU Bank index was down 4 per cent, with Union Bank of India emerging as the biggest loser as its shares fell 7.5 per cent to close at Rs 114.7, followed by a 5.7 per cent drop in shares of Bank of Baroda (BoB) to Rs 228 and a 4.7 per cent slide in shares of Bank of India to Rs 99.8 on the National Stock Exchange.
To ease the potential liquidity stress, the Reserve Bank on Friday slashed Cash Reserve Ratio (CRR) by 50 basis points to 4 per cent, a move that would unlock Rs 1.16 lakh crore bank funds. The RBI on May 4, 2022 had raised CRR to 4.5 per cent from 4 per cent in an off-cycle Monetary Policy Committee (MPC) meeting, with effect from May 21 the same year.
Uttam Ghosh offers his take on the plight of the protesting farmers and the government's priorities.
Uttam Ghosh wonders if the farmers's concerns will be addressed now that the BJP has embarked on Mission Bengal.
Around Rs 1 trillion, or a fifth of the investments made by alternative investment funds (AIFs) are questionable in terms of the intent behind the investments and are under the scanner for circumvention of regulations, said Ananth Narayan, whole-time member of Securities and Exchange Board of India (Sebi). AIFs are pooled investment vehicles that invest in a variety of assets including real estate, startups, unlisted companies, and derivative strategies in the listed space.
Uttam Ghosh offers his take on the uncertainty surrounding the outcome of the US poll presidential election.
Uttam Ghosh offers his take on the Trinamool Congress vanquishing the Bharatiya Janata Party in Bengal.
Uttam Ghosh offers his take on democracy in the Modi era and the prime minister's Rs 200 billion dream.
'Health and motor insurance will continue to be our two most important segments'
State Bank of India, HDFC Bank and ICICI Bank have again been named as Domestic Systemically Important Banks (D-SIBs) by the Reserve Bank of India. The Reserve Bank on Wednesday came out with the list of D-SIBs.
'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'
Uttam Ghosh offers his take on the exit polls against the backdrop of increasing crude oil prices.
Uttam Ghosh offers his take on Health Minister Harsh Vardhan's statement that India is better prepared in 2021 to handle COVID-19.
It is not just the secondary market that is witnessing a revival in fortunes. Even the initial public offering (IPO) market have roared back to life, with investors submitting bids worth over Rs 2.2 trillion on the three IPOs that wrapped up on Friday. Fashion retailer Vishal Mega Mart (VMM)'s IPO (fifth largest of the year) garnered 27.3x subscription, with bids exceeding Rs 1.6 trillion.
Raj Kumar Pal struck a hat-trick
Wholesale price based inflation declined to a 3-month low of 1.89 per cent in November on cheaper food items, and experts predicted a 0.25 per cent interest rate cut by the RBI in the policy review in February. The Wholesale Price Index (WPI) based inflation was 2.36 per cent in October 2024. It was 0.39 per cent in November, last year. In August, 2024, it was 1.25 per cent.
Uttam Ghosh -- like most leaders at the COP26 summit in Glasgow -- is surprised at India's pledge to achieve net zero carbon emissions by 2070.
Two cheetah cubs born to African cheetah Neerva were found dead and their mutilated carcasses were recovered at the Kuno National Park (KNP) in Sheopur district of Madhya Pradesh. The carcasses of the two newborns will be cremated on Thursday as per norms. Samples from the dead cubs were collected and sent for examination and the exact cause of their death will be known only after getting the lab report. All adult cheetahs, including Neerva, and the rest of the 12 cubs at the Kuno park are healthy, the official said. With 12 of those cubs surviving, the count of cheetahs at KNP was last reported to be 24.
'Journalists must ask the Mumbai police why are they sending notices via X to cartoonists.' 'The Mumbai police must come clean. Who is giving them such orders?'
According to Tirupati district superintendent of police L Subbarayudu, Nagaraju (24), who is the victim's maternal uncle, lured the girl to a secluded place in AM Puram village by offering her snacks on Friday evening and committed the crime.
Uttam Ghosh will always remember August 7, 2021, the day an Indian athlete won an Olympic Gold Medal.
Uttam Ghosh offers his take on Prime Minister Narendra Damodardas Modi's interview where he denied any anti-incumbency against the BJP.
The ruling Mahayuti alliance bagged 53 of the 70 assembly seats in the region.
'Before you work on your business plan, before you build your team, you should have a clear idea about what your product is, who your customer is, how valuable the product is, and whether the market is deep and wide.'
Uttam Ghosh and Dominic Xavier offer their respective takes on the Modi Sarkar's decision to hike cooking gas LPG prices.
Analysts are warning of growing risks to the market's sustained momentum, and even to the possibility of consolidation at current levels. Domestically, markets are grappling with several challenges, including a slowing economy, as indicated by the latest GDP data for the July-September (Q2) quarter of 2024-25 (FY25), sticky inflation, fluctuations in the rupee, waning consumption, and high interest rates.
Uttam Ghosh offers his take on the government's startling assertion that no Indian perished during the second COVID-19 wave because of a lack of oxygen supplies.
NCP (SP) chief Sharad Pawar has thrown his weight behind villagers in Solapur, Maharashtra, who are demanding a repoll using ballot papers after raising doubts about the accuracy of Electronic Voting Machines (EVMs). Pawar met with villagers in Markadwadi, where a police case was filed against over 200 people for attempting to conduct an unauthorized re-election. He expressed support for their concerns, claiming that the villagers were "the ones who thought of conducting polls using ballot papers." Pawar criticized the police action, calling it a restriction on the villagers' right to assemble and vowing to raise the issue with the Chief Minister, the state Chief Electoral Officer, the Prime Minister, and the Election Commission of India.
Uttam Ghosh offers his take on the Lakhimpur Kheri tragedy.
Uttam Ghosh offers his take on the latest hike in fuel prices at a time when the economy is in its worst condition ever.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances