News for 'BET'

Healthcare sector most violative of advertisement rules, says Asci report

Healthcare sector most violative of advertisement rules, says Asci report

Rediff.com23 May 2024

Maximum cases of advertisement norms violations were reported from the healthcare sector during 2023-24, followed by illegal offshore betting and personal care categories, according to the Advertising Standards Council of India's (Asci's) Annual Complaints Report released on Wednesday. The healthcare sector accounted for a maximum 19 per cent or 1,569 of 8,229 advertisements scrutinised by Asci during the year. Illegal offshore betting accounted for 17 per cent, while the share of personal care advertisements was 13 per cent.

Market Rout Shaves Rs 16 Trn From India's MCap

Market Rout Shaves Rs 16 Trn From India's MCap

Rediff.com5 Oct 2024

On a five-day rolling basis, FPI selling is the highest in 24 years.

'Carrefour looking to export from India in next 5 years'

'Carrefour looking to export from India in next 5 years'

Rediff.com12 Oct 2024

'All competitors are sourcing within the country, so we'll be at the same level of competition.'

Sectors & stocks analysts are betting on post the state poll outcome

Sectors & stocks analysts are betting on post the state poll outcome

Rediff.com13 Dec 2023

The S&P BSE Sensex and the Nifty50 have hit record highs amid the poll outcome-triggered bull frenzy at the bourses. Most analysts feel that the indices are on course to rise further over the next few months - till the general elections - albeit amid intermittent corrections - largely triggered by global developments. Bharatiya Janata Party's (BJP's) win in the three state elections of Madhya Pradesh (MP), Rajasthan and Chhattisgarh, analysts at Jefferies believe, reinforces the consensus expectations of a Modi win 2024 national elections with a greater likelihood of over 300 seats for the BJP.

Securities transaction tax on F&O hiked from October 1

Securities transaction tax on F&O hiked from October 1

Rediff.com23 Jul 2024

Finance Minister Nirmala Sitharaman on Tuesday said the securities transaction tax (STT) will be increased on futures and options (F&O) trade from October 1 to discourage retail investors from investing in the risky instrument.

'Markets To Undergo Time Correction'

'Markets To Undergo Time Correction'

Rediff.com24 Oct 2024

'Future market gains will likely depend primarily on earnings growth.'

PV inventory at record high; auto retail sales dip 9%

PV inventory at record high; auto retail sales dip 9%

Rediff.com7 Oct 2024

Automobile retail sales in India declined 9 per cent year-on-year in September amid a massive buildup of passenger vehicle inventory due to sluggish demand, dealer's body FADA said on Monday, urging original equipment manufacturers to take corrective steps. The overall registrations declined to 17,23,330 units last month from 18,99,192 units in September 2023, as most of the categories including passenger vehicles and two-wheelers witnessed a year-on-year (Y-O-Y) drop.

Major terror threat to India from ISIS, Al Qaeda in J-K: FATF

Major terror threat to India from ISIS, Al Qaeda in J-K: FATF

Rediff.com20 Sep 2024

It said a "sudden rise" in terrorist-financing investigations was seen in 2023 and this was attributed to events arising out of incidents in Manipur that led to such probes in more than 50 cases.

Difficult to Make Money in IPOs with Leveraged Bets

Difficult to Make Money in IPOs with Leveraged Bets

Rediff.com4 Dec 2021

HNI investors need an optimal mix of oversubscription and listing-day gain to make money on leveraged bets, notes Sanjay Kumar Singh.

'China-India-US Triangle Will Be One Of The More Fascinating Geopolitical Storylines Of The Second Trump Administration'

'China-India-US Triangle Will Be One Of The More Fascinating Geopolitical Storylines Of The Second Trump Administration'

Rediff.com13 Nov 2024

'The border deal offers a hedge for India against Trump's unpredictability when it comes to his approach to competition with China.'

What's Next For Payal Kapadia's All We Imagine As Light?

What's Next For Payal Kapadia's All We Imagine As Light?

Rediff.com17 Oct 2024

'It is for the first time that a film of mine will be released in theatres and Indian audiences will finally be able to buy tickets and experience it on a big screen, where cinema truly comes to life.'

Will STT Curb F&O Trading?

Will STT Curb F&O Trading?

Rediff.com24 Jul 2024

Brokers believe that the higher charges may not completely deter investors from taking bets in F&O but could help cool down some activity, as the threshold to break even rises.

Post Sebi notice, Hindenberg hauls up Kotak's offshore fund

Post Sebi notice, Hindenberg hauls up Kotak's offshore fund

Rediff.com2 Jul 2024

Billionaire banker Uday Kotak founded bank as well as brokerage created and oversaw an offshore fund used by an unnamed investor to profit from a plunge in Adani shares that followed a damning Hindenburg report, the US short seller said on Tuesday. Hindenburg Research, which had in a January 2023 report alleged stock market manipulations and accounting fraud at the Adani group, said it has received a show cause notice from the Indian markets regulator Sebi over gains made from betting on the conglomerate's shares.

Will New MPC Members Cut Interest Rates?

Will New MPC Members Cut Interest Rates?

Rediff.com8 Oct 2024

The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.

New twist to Hindenberg-Adani drama

New twist to Hindenberg-Adani drama

Rediff.com7 Jul 2024

US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi. The Securities and Exchange Board of India (Sebi), in its 46-page show cause notice to Hindenburg, detailed how the US short seller, the New York hedge fund and a broker tied to Kotak Mahindra Bank benefited from the over USD 150 billion routs in the market value of Adani group's 10 listed firms post-publication of the report.

Sarfaraz vs Rahul: Who will get the selectors' nod for B'desh Test?

Sarfaraz vs Rahul: Who will get the selectors' nod for B'desh Test?

Rediff.com9 Sep 2024

For the team management, it is a choice between a younger man's (Sarfaraz) flamboyance and fearlessness versus a seasoned campaigner who has been a Test captain and is part of the national set-up for a decade now.

D2C brands hitch their wagon to quick-commerce

D2C brands hitch their wagon to quick-commerce

Rediff.com23 Sep 2024

As quick commerce gains ground, emerging direct-to-consumer (D2C) brands are betting big on digital channels to drive growth. According to Aman Gupta, co-founder of wearables brand BoAt, new-age brands in India have been expanding at a much faster pace than expected, driven by digital channels like quick-commerce. "Investors doubted the potential of D2C brands when we started, but today there are multiple brands in the startup market that are growing on the shoulders of these digital channels," Gupta said while addressing a session at Razorpay's D2C and Retail Summit recently.

What Are Special Situation Funds?

What Are Special Situation Funds?

Rediff.com27 May 2024

These funds at times invest in companies going through corporate restructuring, such as mergers, demergers, or buybacks.

Time for action: BCCI to legalise betting?

Time for action: BCCI to legalise betting?

Rediff.com17 Sep 2019

BCCI ACU chief calls for match-fixing law, legalised betting to contain corruption

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.

Betting on India's growth, top steel firms in midst of big expansion plans

Betting on India's growth, top steel firms in midst of big expansion plans

Rediff.com18 Jul 2023

On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses. The review would begin immediately and evaluate a broad range of options, including but not limited to a potential strategic sale of some or all of the steel businesses, the company said in its stock exchange filing. The signs have been there - approaches had been made to steel players over the past year. Last December, Anil Agarwal, chairman Vedanta group, told Business Standard that the steel plant capacity was about 3 million tonnes (mt).

Markets Expected To Remain Volatile

Markets Expected To Remain Volatile

Rediff.com4 Oct 2024

'As the markets are expected to remain jittery in the near term, we advise investors to use this opportunity to enter quality largecaps from a long-term perspective.'

Can Modi 3.0 Ignite Surge in PSU Stocks?

Can Modi 3.0 Ignite Surge in PSU Stocks?

Rediff.com29 Jun 2024

'Those betting against PSUs will likely be punished in this upswing.'

NTPC's prospects appear robust, barring seasonal impact in August

NTPC's prospects appear robust, barring seasonal impact in August

Rediff.com27 Sep 2024

Power generation decelerated 4.7 per cent year-on-year (Y-o-Y) to 155 billion units (BU) in August 2024. This was the first downtrend in many years, albeit on a high base - generation had increased 19 per cent Y-o-Y to 163 billion units (BU) in August 2023. The dip was partly due to excess rainfall, which pared cooling demand and also reduced need for irrigation.

MFs seek greater leeway for proposed new asset class

MFs seek greater leeway for proposed new asset class

Rediff.com18 Aug 2024

The new asset class (NAC) proposed by the market regulator could see diverse product offerings with high-risk strategies across equity and debt if the mutual fund (MF) industry's recommendations are incorporated into the final regulations. While the Securities and Exchange Board of India (Sebi) has suggested relaxations in investment norms for NAC compared to traditional MFs, some fund houses are advocating for further relaxations in concentration norms, greater flexibility in leverage, and the ability to invest in securities currently outside the MF domain, such as unlisted debt papers and debentures, sources reveal.

'Brand' Welcome Awaits Olympic Stars

'Brand' Welcome Awaits Olympic Stars

Rediff.com12 Aug 2024

'The Paris Olympics has once again blessed the Indian sports marketing landscape with fresh faces and promises.' 'Expect at least one biopic.'

Another Mahadev app owner detained in Dubai, deportation likely soon

Another Mahadev app owner detained in Dubai, deportation likely soon

Rediff.com27 Dec 2023

The Enforcement Directorate may also file a fresh chargesheet in this multi-crore money laundering case soon, they said.

T20 WC: Afghanistan buckle up for stern Australia test

T20 WC: Afghanistan buckle up for stern Australia test

Rediff.com22 Jun 2024

The two teams last met in the ODI World Cup in 2023. It was in Mumbai where Glenn Maxwell had played a once-in-a-generation knock to notch up a sensational double hundred while battling cramps all over his body, with Pat Cummins in tow who provided sturdy support from the other end.

Long Term Investor? Small-Cap Funds Best Bet

Long Term Investor? Small-Cap Funds Best Bet

Rediff.com14 Sep 2022

Over longer periods of three, five and 10 years, small-cap funds have rewarded their investors handsomely.

England coach bets on Stokes, Archer availability for WC

England coach bets on Stokes, Archer availability for WC

Rediff.com13 Aug 2023

'There has not been a clear direction on what he's going to do yet, but we are still hopeful. I've always said his bowling would be a bonus, but just look at what he brings with the bat, even in the field.'

'Let's be kind': Tennis stars urge fans to stop the hate

'Let's be kind': Tennis stars urge fans to stop the hate

Rediff.com30 Aug 2024

Iga Swiatek on Thursday called for the sport's governing bodies to provide players with more tools to combat online abuse

Mahadev app will become 'har har Mahadev app' if...: Uddhav

Mahadev app will become 'har har Mahadev app' if...: Uddhav

Rediff.com7 Nov 2023

The Enforcement Directorate on Friday claimed that a forensic analysis and a statement made by a 'cash courier' have led to "startling allegations" that Mahadev betting app promoters paid about Rs 508 crore to Chhattisgarh Chief Minister Bhupesh Baghel so far, and that "these are subject matter of investigation".

Mahadev app owner detained in Dubai, to be deported to India

Mahadev app owner detained in Dubai, to be deported to India

Rediff.com13 Dec 2023

Uppal, 43, was detained last week in that country and the ED authorities are in touch with the Dubai authorities to get him deported to India, they said.

Why Have Focused Funds Pulled Out Rs 27 Billion?

Why Have Focused Funds Pulled Out Rs 27 Billion?

Rediff.com16 Aug 2024

The outflows could be a result of a mix of factors led by the underperformance of some of the larger funds amid elevated return expectations.

Adorable Anupriya!

Adorable Anupriya!

Rediff.com26 Apr 2024

Elegant styles to steal from Anupriya Goenka's wardrobe.

Want To Invest In Infrastructure Funds?

Want To Invest In Infrastructure Funds?

Rediff.com1 Jul 2024

'Investors should not go for lump-sum investments in infrastructure funds at this point.' 'The SIP route is the best to avoid any major disappointment.'

'Omar Abdullah Is Seen As A Tourist'

'Omar Abdullah Is Seen As A Tourist'

Rediff.com29 Sep 2024

'The Abdullah family is the problem and facilitator of the instability that we are seeing in Kashmir.'

Olympic encore by Neeraj unlikely in Paris?

Olympic encore by Neeraj unlikely in Paris?

Rediff.com21 Jul 2024

Olympics is a high-stakes and high-pressure situation and anything can happen. Guessing a medal on the basis of statistics is difficult, says Neeraj Chopra's coach Klaus Bartonietz.

Armand Duplantis Dazzles In Paris

Armand Duplantis Dazzles In Paris

Rediff.com6 Aug 2024

He is the first athlete to retain the pole vault title in nearly seven decades.

Srini Pallia's job as Wipro CEO: Drive growth, stem senior-level exits

Srini Pallia's job as Wipro CEO: Drive growth, stem senior-level exits

Rediff.com8 Apr 2024

Wipro has once again chosen to bet on an insider who has grown through the ranks to lead the company. Srini Pallia has spent over three-decades at Wipro and it's the only company he has ever worked with. Till now, Pallia was heading the Americas-1 unit.