News for 'AT1'

COVID-19: Recoveries cross 97 lakh, cases at 1,01,46,845

COVID-19: Recoveries cross 97 lakh, cases at 1,01,46,845

Rediff.com25 Dec 2020

The number of people who have recuperated from the disease surged to 97,17,834, pushing the national recovery rate to 95.77 per cent, while the COVID-19 case fatality rate stands at 1.45 per cent.

England spinner Leach ruled out of India Tests

England spinner Leach ruled out of India Tests

Rediff.com11 Feb 2024

England spinner Jack Leach has been ruled out of the remainder of the Test series in India with a left knee injury.

Street gives big-hearted welcome to Britannia's Q4 results

Street gives big-hearted welcome to Britannia's Q4 results

Rediff.com15 May 2024

FMCG major Britannia Industries' results for the January-March quarter (Q4) of the financial year 2023-24 (FY24) were received enthusiastically by the market with the share going up by 6.7 per cent on Monday to close at Rs 5,061.60 on the BSE. However, analysts said the results were in line with margins, and disappointing in terms of revenue growth. The consolidated net sales (excluding other operating income) rose 3 per cent year-on-year (Y-o-Y) to Rs 4,010 crore in Q4.

Bengaluru cafe explosion is a bomb blast, says Karnataka DGP

Bengaluru cafe explosion is a bomb blast, says Karnataka DGP

Rediff.com1 Mar 2024

Speaking to reporters in Bengaluru, he said no one has suffered serious injuries and the injured -- both staff and customers -- are being treated in hospital.

'One of the best moments to win a game for your country'

'One of the best moments to win a game for your country'

Rediff.com5 Feb 2024

After India registered a remarkable victory against England in the second Test, opener Yashasvi Jaiswal said that it was one of the best moments to win a match for the country and mentioned that they were focusing on their processes.

Licious eyes IPO in 24 months, 500 stores in five years

Licious eyes IPO in 24 months, 500 stores in five years

Rediff.com2 May 2024

The fresh meat and seafood delivery startup Licious plans to set up 500 stores nationwide within the next five years as part of an omnichannel strategy. The aim is to attract new users in the offline channel and encourage them to transact online as well. The move would also help the company in its efforts to achieve profitability and go for an initial public offering (IPO) in the next 24 months, according to the sources.

French Open PIX: Alcaraz, Swiatek, Tsitsipas move into quarters

French Open PIX: Alcaraz, Swiatek, Tsitsipas move into quarters

Rediff.com3 Jun 2024

Images from Day 8 of the 2024 French Open at Roland Garros on Sunday.

PIX: SRH seal dramatic win, edge past RR by 1 run

PIX: SRH seal dramatic win, edge past RR by 1 run

Rediff.com3 May 2024

IMAGES from the IPL match between Sunrisers Hyderabad and Rajasthan Royals played in Hyderabad on Thursday

Domestic PV sales soar to record high of 42 lakh units in FY24: SIAM

Domestic PV sales soar to record high of 42 lakh units in FY24: SIAM

Rediff.com12 Apr 2024

Passenger vehicle wholesales in India touched a record high of 42,18,746 units in the financial year 2023-24, registering a year-on-year growth of 8.4 per cent on the back of robust demand for utility vehicles, industry body SIAM said on Friday. As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), the overall passenger vehicle dispatches stood at 38,90,114 units in fiscal year 2022-23. Two-wheeler sales were up 13.3 per cent last fiscal at 1,79,74,365 units, as compared to 1,58,62,771 units in the financial year 2022-23.

Ashwin destined to get his 500th in my hometown: Jadeja

Ashwin destined to get his 500th in my hometown: Jadeja

Rediff.com14 Feb 2024

A key moment that is being anticipated in this series is Ashwin touching 500 Test wickets and becoming only second Indian and ninth overall bowler to do so.

Every NEET paper accounted for, social media images fake, says NTA

Every NEET paper accounted for, social media images fake, says NTA

Rediff.com6 May 2024

Stressing that every question paper has been "accounted for", the NTA said that purported images of the question paper circulating on social media have no relation with the actual paper.

Axis Bank re-rating to continue on steady NIMs, cheap valuation: Analysts

Axis Bank re-rating to continue on steady NIMs, cheap valuation: Analysts

Rediff.com3 May 2024

Re-rating of Axis Bank's stock may continue in the near-future, believe analysts, as the risk-reward on the stock remains favourable amid healthy financials. The bullish stance comes after the Mumbai-based lender delivered a strong outperformance in the March quarter of fiscal year 2023-24 (Q4FY24) on core pre-provision profit and net profit, with improving asset quality. Axis Bank's net interest margin (NIM) expanded, against expectations, even in a tough market.

Locals' lament in Dibrugarh: Infra push but no jobs

Locals' lament in Dibrugarh: Infra push but no jobs

Rediff.com19 Apr 2024

'It feels like Assam is good just as a tourist spot and not a place to earn and live.'

IndusInd Bank drops 3% as analysts see limited near-term upside post Q3

IndusInd Bank drops 3% as analysts see limited near-term upside post Q3

Rediff.com28 Jan 2024

Despite a largely stable December quarter, investors booked profit in shares of IndusInd Bank (IIB) as an increase in slippages took them by surprise. Analysts, on their part, believe investors may, now, wait for actual delivery on slippage decline, potentially limiting near-term upside. "The management has indicated that corporate slippages (from legacy stressed book) have ended and inch up in consumer finance slippages was more one-off, and should meaningfully improve Q4FY24 onwards.

LS polls: Meet the prominent contestants in fourth phase

LS polls: Meet the prominent contestants in fourth phase

Rediff.com12 May 2024

Among the keenly watched contests are those involving former Uttar Pradesh chief minister Akhilesh Yadav (Kannauj, UP) and Union ministers Giriraj Singh (Begusarai, Bihar), Nityanand Rai (Ujiarpur, Bihar) and Raosaheb Danve (Jalna, Maharashtra).

India's COVID fatality rate one of the lowest at 1.86%

India's COVID fatality rate one of the lowest at 1.86%

Rediff.com23 Aug 2020

With 57,989 patients recuperating from COVID-19 in a day, recoveries have surged to 22,80,566 and exceed the total number of active cases of coronavirus infection by nearly 16 lakh (1,572,898). The national recovery rate has increased to 74.90 per cent.

PIX: Sinner's great escape in Miami

PIX: Sinner's great escape in Miami

Rediff.com25 Mar 2024

Jannik Sinner bounced back after losing the first set to beat Tallon Griekspoor in the third round of the Miami Open.

What Team India Will Eat In Rajkot...

What Team India Will Eat In Rajkot...

Rediff.com12 Feb 2024

A delectable spread of special Gujarati and Kathiyawadi delicacies has been curated for the cricketers.

Union minister 'seeks forgiveness' after remarks on Tamil Nadu

Union minister 'seeks forgiveness' after remarks on Tamil Nadu

Rediff.com20 Mar 2024

Hours after Union Minister Shobha Karandlaje's assertion that the suspect involved in the March 1 blast at The Rameshwaram Cafe was from Tamil Nadu, the Bharatiya Janata Party leader issued a retraction and offered an apology.

Centre in a huddle to understand impact of the Iran-Israel tensions

Centre in a huddle to understand impact of the Iran-Israel tensions

Rediff.com16 Apr 2024

Top government officials in New Delhi have started discussions with stakeholders ranging from shipping and container companies to export promotion councils to understand the impact of the Iran-Israel tensions and plan ahead. Inter-ministerial talks are also being lined up amid the crisis situation in West Asia, sources confirmed. While the crude flows are not directly under any threat, elevated oil prices remain a concern, according to officials.

Amid ED action, Soren MLAs told not to leave Ranchi

Amid ED action, Soren MLAs told not to leave Ranchi

Rediff.com30 Jan 2024

The meeting, proposed at the CM House, has been called to discuss strategy over the current political situation and the Enforcement Directorate's proposed questioning of Chief Minister Hemant Soren on Wednesday, he said.

Foakes Sparks Controversy In Ranchi

Foakes Sparks Controversy In Ranchi

Rediff.com26 Feb 2024

England's sportsmanship came into question during the Ranchi Test as Ben Foakes claimed he caught Yashasvi Jaiswal that was deemed not out by the third umpire.

Despite shrinking discounts, Russian crude flow to India may continue

Despite shrinking discounts, Russian crude flow to India may continue

Rediff.com22 Mar 2024

Despite discounts on Russian crude oil - which fell to the lowest since the Ukraine war began - and the rising sanctions, import volumes from the country will remain stable for now or at least till July, said refinery officials. "There is an appetite for Russian crude, and shipments are not expected to taper off beyond this point unless something major happens. "Talks are on, and buying will continue," an official at a major refinery said.

Why Indian Corporates Lag In Buybacks

Why Indian Corporates Lag In Buybacks

Rediff.com30 Apr 2024

Many promoters still consider the cash in the company as their money and are averse to sharing this pie with minority investors, points out Akash Prakash.

FinMin steps in, tells Sebi to revoke 100-year maturity rule for AT1 bonds

FinMin steps in, tells Sebi to revoke 100-year maturity rule for AT1 bonds

Rediff.com13 Mar 2021

Senior officials in the MF industry say while the finance ministry and regulators communicate regularly, this is one of the very few instances in many years where an issue between the two has come out into the open.

Domestic air traffic rises 4.8% to 126.48 lakh in Feb

Domestic air traffic rises 4.8% to 126.48 lakh in Feb

Rediff.com15 Mar 2024

Domestic air traffic rose 4.8 per cent on an annual basis to 126.48 lakh in February, while more than 1.55 lakh passengers were affected by flight delays during the same period, according to official data released on Friday. In February, Air India's market share rose to 12.8 per cent from 12.2 per cent while that of IndiGo marginally dipped to 60.1 per cent from 60.2 per cent in January. The domestic air traffic climbed to 126.48 lakh in February compared to 120.69 lakh in the year-ago period, the Directorate General of Civil Aviation (DGCA) said.

'Insurance companies will make a killing'

'Insurance companies will make a killing'

Rediff.com24 Apr 2024

'I can feel the master's pain, because he must be sitting there and cursing and saying, 'Why was I born?''

Jain seer Acharya Vidyasagar Maharaj dies via 'sallekhna'

Jain seer Acharya Vidyasagar Maharaj dies via 'sallekhna'

Rediff.com18 Feb 2024

Ahead of the Chhattisgarh Assembly elections last year, Prime Minister Narendra Modi visited Dongargarh, a popular pilgrimage spot, and met Acharya Vidyasagar Maharaj on November 5 and took his blessings.

England team arrive in Rajkot after Abu Dhabi break

England team arrive in Rajkot after Abu Dhabi break

Rediff.com12 Feb 2024

A day before their return to India, England were dealt a blow with their frontline spinner Jack Leach ruled out of the remaining three Tests with a knee injury.

10 injured in low-intensity IED blast in Bengaluru, UAPA invoked

10 injured in low-intensity IED blast in Bengaluru, UAPA invoked

Rediff.com1 Mar 2024

A low intensity bomb blast at a popular eatery in Bengaluru on Friday left 10 people injured, leading the police to invoke the stringent UAPA provisions in the case. Subsequently, the police were looking into all angles related to the incident.

Mother's phone call saved Bengaluru blast eyewitness

Mother's phone call saved Bengaluru blast eyewitness

Rediff.com2 Mar 2024

A routine phone call from his mother saved a 24-year-old software engineer from the low intensity blast at the Rameshwaram Cafe in Bengaluru on Friday afternoon where he had gone to have lunch.

'Hopefully, the selectors learn to value Kuldeep's wicket-taking capability more'

'Hopefully, the selectors learn to value Kuldeep's wicket-taking capability more'

Rediff.com12 Feb 2024

Former Australia skipper Ian Chappell feels England under Ben Stokes will give India tough competition.

Overseas loans' share in total Adani group debt portfolio declines

Overseas loans' share in total Adani group debt portfolio declines

Rediff.com5 Mar 2024

The share of foreign loans in total Adani group debt portfolio dropped to 61 per cent by September 2023 from 63 per cent as of March 2023, as the group repaid part of its foreign loans and refinanced part of older loans. The share of Indian lenders, on the other hand, rose to 39 per cent in the total debt pie in September 2023 from 37 per cent in March after a report by US-based short seller Hindenburg Research in January last year, which led to volatility in the share prices of group companies. The group's total debt remained static at Rs 2.26 trillion in the same period.

Tata Motors may drive out of Sensex, Nifty

Tata Motors may drive out of Sensex, Nifty

Rediff.com14 Mar 2024

Tata Motors is likely to exit the S&P BSE Sensex and the Nifty50 indices once the demerger process of its commercial vehicle (CV) and passenger vehicle (PV) businesses is complete, analysts at Nuvama Institutional Equities said. They have compared the development with Reliance Industries (RIL) and Jio Financial Services, which got listed separately and eventually (in the next few days) got excluded from the domestic indices.

Consumption story gets a facelift as rural demand shows promise

Consumption story gets a facelift as rural demand shows promise

Rediff.com16 Apr 2024

Consumer goods firms and auto companies are witnessing an upturn in rural demand, which had been lagging for most of FY24. Expectations of a bumper rabi crop harvest have helped turn the tide. The Reserve Bank of India's (RBI's) Monetary Policy Committee kept the repo rate unchanged last week, noting that as rural demand catches up, consumption is expected to support economic growth in 2024-25.

Why valuation of FMCG sector is likely to be attractive

Why valuation of FMCG sector is likely to be attractive

Rediff.com27 Mar 2024

The fast-moving consumer goods (FMCG) sector has underperformed the Nifty over the past year as its 20 per cent return is trumped by 29 per cent of the benchmark index. The FMCG index saw a 2.2 per cent drop in the last session, while the Nifty lost 1 per cent. FMCG is seen as a defensive segment. The demand for staples like personal care products, groceries and snacks tend to be stable. FMCG companies are consistent dividend-payers.

Historic! India women stun Japan; enter Badminton Asia Team final

Historic! India women stun Japan; enter Badminton Asia Team final

Rediff.com17 Feb 2024

Indian women shuttlers' progressed to their first-ever final at the Badminton Asia Team Championships after edging out two-time former champions Japan 3-2.

2nd Test PIX: India bounce back to level series

2nd Test PIX: India bounce back to level series

Rediff.com5 Feb 2024

Images from Day 4 of the second Test between India and England in Visakhapatnam on Monday.

'NPA recoveries has helped to reduce credit cost'

'NPA recoveries has helped to reduce credit cost'

Rediff.com11 Feb 2024

'For the first time ever it has come below 1 per cent, at 0.97 per cent.'

Tribunal stays Sebi's order on Yes Bank's former MD Rana Kapoor

Tribunal stays Sebi's order on Yes Bank's former MD Rana Kapoor

Rediff.com14 Sep 2023

The Securities Appellate Tribunal (SAT) has granted an interim stay on a Sebi order that slapped a penalty of Rs 2 crore on Yes Bank's former MD Rana Kapoor in a case of mis-selling the private sector lender's AT1 bonds. Kapoor has been in jail since March 2020 in connection with the DHFL money laundering case. The interim relief came after capital markets regulator Sebi in July issued a demand notice to Kapoor, warning arrest and attachment of his assets over non-payment of the fine of Rs 2 crore, along with the interest.