News for 'Bloomberg Markets'

Stocks that have a high upside potential

Stocks that have a high upside potential

Rediff.com9 Jan 2014

Their businesses are expected to do well this year and the scrips' downside risks are limited, as the valuations are reasonable.

Has Uber broken US laws by bribing foreign officials?

Has Uber broken US laws by bribing foreign officials?

Rediff.com21 Sep 2017

Under the ambit of probe is how former exec Eric Alexander obtained medical records of woman who was raped by an Uber driver in Delhi in 2014

Take advantage of golden opportunity, invest in India, Modi tells global biz community

Take advantage of golden opportunity, invest in India, Modi tells global biz community

Rediff.com25 Sep 2019

He said India has also opened its defence industry 'like never before' and sought investments in the sector.

Govt will leave no stone unturned to make India preferred global investment destination: PM

Govt will leave no stone unturned to make India preferred global investment destination: PM

Rediff.com17 Nov 2020

Prime Minister Narendra Modi on Tuesday pitched India as the most attractive investment destination for those looking to invest in urbanisation, mobility, innovation and sustainable solutions. Speaking at the Bloomberg New Economy Forum, he said India and some African nations will witness the biggest wave of urbanisation over the next two decades. The post pandemic world has to be rebuilt around people and cities will have to be made more liveable, he said adding post-Covid restart will not be possible without a reset of mindset, process and practices.

Should you buy RIL stock? Most analysts say yes!

Should you buy RIL stock? Most analysts say yes!

Rediff.com18 Mar 2021

Despite a massive underperformance at the bourses since the last six months, analysts are turning optimistic on Reliance Industries (RIL). Those at Jefferies, for instance, say that the company is a proxy play for India's consumption growth story. The key catalysts for the stock, according to a Jeffries note, include faster-than-expected market share gain in retail, oil-to-chemicals (O2C) stake sale, recovery in gross refining margins (GRM), potential public listing of Jio and even a possible banking licence going ahead. That apart, analysts feel any tariff hike in Reliance Jio (RJio) - its telecom venture - will also aid performance. With balance sheet adequately de-levered, proceeds from a strategic stake sale in the O2C business will create a sizeable war chest for the company, analysts say.

Real estate firms may raise funds via IPO route

Real estate firms may raise funds via IPO route

Rediff.com28 Jun 2014

After a long time, real estate companies could hit the fund-raising trail. The reason is improvement in investor sentiment.

Electric vehicles set to get costlier as battery prices rise

Electric vehicles set to get costlier as battery prices rise

Rediff.com5 Jan 2022

The soaring prices of metals like lithium, nickel and cobalt, which are the primary constituents of the cell, as well as supply chain bottlenecks, are also pushing up the cost of batteries

In India, electric vehicles are set to get costlier from 2022

In India, electric vehicles are set to get costlier from 2022

Rediff.com27 Dec 2021

While traditional automakers in India are reeling under a global shortage of semiconductors, the country's electric vehicle (EV) makers, too, are now facing a shortage of lithium-ion batteries, a key raw material. The soaring prices of metals like lithium, nickel and cobalt, which are the primary constituents of the cell, as well as supply chain bottlenecks, are also pushing up the cost of batteries. Battery manufacturers say that prices have been increasing every quarter since the beginning of 2021.

Rupee crash, Covid-19 to make India Inc's overseas debt repayments costlier

Rupee crash, Covid-19 to make India Inc's overseas debt repayments costlier

Rediff.com21 Mar 2020

Indian companies will have to repay overseas debt worth $7.5 billion in the June quarter.

Govt is to blame for vaccine crisis

Govt is to blame for vaccine crisis

Rediff.com4 May 2021

If the government had paid enough to begin with, or if it had made serious advance purchase commitments that allowed the vaccine producers to mobilise necessary investment, then it is possible to imagine more free or subsidised vaccines such as are available in developed economies, asserts Mihir S Sharma.

Renewable energy: Investments may cross $15 bn in 2022

Renewable energy: Investments may cross $15 bn in 2022

Rediff.com24 Dec 2021

After witnessing cloudy skies this year, the country's renewable energy sector is expected to boom with a likely investment of over $15 billion in 2022 as the government focuses on electric vehicles, green hydrogen, manufacturing of solar equipment as well as achieving the ambitious 175 GW renewable capacity target. India, which has an installed renewable energy generation capacity of a little over 150 GW, aims to reach 175 GW in 2022. Out of the total mix, 100 GW would be from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydro power projects.

Apple wants to buy electric car company Tesla Motors

Apple wants to buy electric car company Tesla Motors

Rediff.com21 Feb 2014

The car firm however does not want to sell its business.

RIL-Aramco deal fits well for both their future strategies

RIL-Aramco deal fits well for both their future strategies

Rediff.com23 Apr 2019

Aramco also plans to invest in building India's largest oil refinery on the country's west coast.

Adani now keen to produce world's cheapest hydrogen

Adani now keen to produce world's cheapest hydrogen

Rediff.com11 Nov 2021

Billionaire Gautam Adani on Thursday said his logistics-to-energy conglomerate will invest $70 billion over the next decade to become the world's largest renewable energy company and produce world's cheapest hydrogen. Adani Green Energy Ltd (AGEL), the world's largest solar power developer, is targeting 45 gigawatts of renewable energy capacity by 2030 and will invest $20 billion to develop a 2 GW per year solar manufacturing capacity by 2022-23. Adani Transmission Ltd (ATL), India's largest private sector power transmission and retail distribution company, is looking to increase the share of renewable power procurement from the current 3 per cent to 30 per cent by FY 2023 and to 70 per cent by FY 2030.

Microsoft CEO Satya Nadella earned $42.9 million in FY19

Microsoft CEO Satya Nadella earned $42.9 million in FY19

Rediff.com17 Oct 2019

In comparison to Nadella, Apple CEO Tim Cook got a pay of $ 15.7 million in 2018 with $ 3 million in salary. Google CEO Sundar Pichai received $ 1.9 million in overall compensation.

Modi to have packed itinerary in US

Modi to have packed itinerary in US

Rediff.com19 Sep 2019

The PM will make a six-day visit to the United States from September 21 to 27 to attend various events including the annual United Nations General Assembly session in New York and a diaspora event in Houston in Texas in which US President Donald Trump is also participating.

World's 10 richest people, Mark Zuckerberg is the biggest gainer

World's 10 richest people, Mark Zuckerberg is the biggest gainer

Rediff.com3 Mar 2016

The world's richest people have become poorer.

Dad steps down, Jayadev Galla helms Amara Raja

Dad steps down, Jayadev Galla helms Amara Raja

Rediff.com15 Jun 2021

'I have personally been very keen on investing in lithium ion battery technology for some time.'

Bill Gates once again tops Forbes richest list

Bill Gates once again tops Forbes richest list

Rediff.com21 Mar 2017

Bill Gates with an estimated wealth of $86 billion topped the list for the fourth year running.

Citibank likely to hive off consumer banking business in India

Citibank likely to hive off consumer banking business in India

Rediff.com8 Mar 2021

In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.

What A380's failure can teach the shipping industry

What A380's failure can teach the shipping industry

Rediff.com8 Nov 2021

As a model of transport, the A380 strikes a parallel -- a shared fragility -- with giant container ships, observes Shyam G Menon.

IndiGo starts hiring, gives offer letters to 32 pilots for ATR-72 fleet

IndiGo starts hiring, gives offer letters to 32 pilots for ATR-72 fleet

Rediff.com18 Feb 2021

IndiGo has confirmed the delivery of the next set of 25 ATR-72 jets and will be inducting around 10 planes by the end of this calendar year, making it the largest regional fleet operator in the country.

10 large caps for good returns in 2021

10 large caps for good returns in 2021

Rediff.com15 Jan 2021

Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.

The world's 10 most valuable banks

The world's 10 most valuable banks

Rediff.com2 Aug 2012

In the current economic scenario, most banks around the world have experienced some jitters and felt the jolt. However, some banks have managed to steer away from the storm and stay resistant to the troubles whirling around the sector.

High coal price to weigh on steel cos' Q2 earnings

High coal price to weigh on steel cos' Q2 earnings

Rediff.com14 Oct 2021

Rising prices of international coal - both coking and thermal - used in the making of ferrous and non-ferrous metals, respectively, are expected to have an impact on margins of metals companies in July-September quarter (Q2) as steel companies may see margins getting eroded, while the base firms could stand to benefit, said brokerages.

Sino-India talks are 'something confidential': Jaishankar

Sino-India talks are 'something confidential': Jaishankar

Rediff.com16 Oct 2020

"Discussions are on; what is going on is something confidential between us and the Chinese," he said when the moderator at the Bloomberg India Economic Forum pressed the minister to give a clear status of the border situation.

Is it time to privatise oil trade in India?

Is it time to privatise oil trade in India?

Rediff.com24 Oct 2011

Indian consumers and oil companies are losing out because buying remains a government monopoly.

Brexit hurdle crossed? Nifty, silver at 2016 high

Brexit hurdle crossed? Nifty, silver at 2016 high

Rediff.com1 Jul 2016

'The market position from here on is expected to go up'.

Will Govt BAN Cryptos?

Will Govt BAN Cryptos?

Rediff.com14 Jul 2021

As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.

Old India is still sceptical about investing in start-ups

Old India is still sceptical about investing in start-ups

Rediff.com16 Aug 2019

Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from startups for income tax exemption had been approved as of February 2019, according to an answer to a Parliament question. As India's startup space bubbles with activity - new, young players are tapping into opportunities opening up - there are local anti-portfolio stories circulating about investors missing opportunities in 'unicorns', or companies that have reached valuation of $ 1 billion, says Vandana Gombar.

'Abhishek Bachchan is a compelling actor'

'Abhishek Bachchan is a compelling actor'

Rediff.com7 Apr 2021

'Amitabh Bachchan Sir said some nice and encouraging things about the trailer, the way I directed it and, of course, about Abhishek's performance.'

Amazon narrows gap with Flipkart, tops Snapdeal

Amazon narrows gap with Flipkart, tops Snapdeal

Rediff.com2 Jul 2016

Amazon signed up Motorola as an exclusive brand partner for its new devices, which in turn helped it grow

Q1 results: No earnings relief for India Inc yet

Q1 results: No earnings relief for India Inc yet

Rediff.com27 Jul 2015

The reason is believed to be a 19% increase in interest cost.

India Inc's profits one of the lowest among major economies

India Inc's profits one of the lowest among major economies

Rediff.com19 Aug 2019

Combined net profit of BSE500 companies at $ 63 bn is 2.3% of GDP; global average is 5%.

After 2 years India is top EM destination for foreign flows

After 2 years India is top EM destination for foreign flows

Rediff.com25 Dec 2017

The improving earnings and economic outlook has titled the scales back in favour of Indian equities this year, reports Pavan Burugula.

Why finance ministry cut small savings interest rates

Why finance ministry cut small savings interest rates

Rediff.com2 Jul 2019

The government hopes the latest action will lead to banks also lowering the cost of borrowing for corporate and individual borrowers.

Why IndiGo, GoAir had to ground planes

Why IndiGo, GoAir had to ground planes

Rediff.com26 Jul 2018

At present, six A320 Neo of IndiGo & GoAir are grounded waiting for engine replacement

Why analysts are not keen on these stocks

Why analysts are not keen on these stocks

Rediff.com27 Nov 2019

Some of the firms that have witnessed major drop in analysts' coverage include Dish TV, YES Bank, and JSW Energy.

COVID-19: How The RAT Can Help

COVID-19: How The RAT Can Help

Rediff.com2 Feb 2022

'Serial testing is much more valuable than a single test which reflects just a point in time.'

Sensex ends 88 points lower; Tata Group shares weigh

Sensex ends 88 points lower; Tata Group shares weigh

Rediff.com25 Oct 2016

Tata Group shares were among the top losers while Adani Ports emerged as the top gainer