News for 'Francis D'

Sebi board decides to tighten SME IPO norms and more

Sebi board decides to tighten SME IPO norms and more

Rediff.com19 Dec 2024

The Sebi board on Wednesday approved a series of measures, including stricter regulatory norms for SME IPOs, a comprehensive overhaul of investment banking regulations, and an expanded definition of Unpublished Price Sensitive Information (UPSI). Also, the board approved reforms to boost ease of doing business for Debenture Trustees, ESG rating providers, InvITs, REITs, and SM REITs.

Sensex drops 138 points on foreign fund outflow

Sensex drops 138 points on foreign fund outflow

Rediff.com23 Oct 2024

Sensex drops 138 points on foreign fund outflow

Why Wayanad's Landslide Survivors Are Protesting

Why Wayanad's Landslide Survivors Are Protesting

Rediff.com27 Mar 2025

In the months immediately following the 2024 tragedy, reporting on the landslide per se had been a straightforward affair. On one side was death and destruction. On the other side, survivors and the business of survival. It was black and white. What direction to take was clear. Rehabilitation in comparison, felt like a complex situation. One that is fraught with shades of grey. As grey as human life, explains Shyam G Menon.

Rate hikes since May '22 helped reduce inflation by 1.60%: RBI paper

Rate hikes since May '22 helped reduce inflation by 1.60%: RBI paper

Rediff.com21 Oct 2024

The cumulative rate hikes of 2.5 percentage points by the central bank since May 2022 negatively impacted headline inflation by 1.60 per cent, a paper by senior RBI staffers said on Monday. "Policy rate increases have anchored inflation expectations and modulated aggregate demand, generating disinflationary responses," the paper by Deputy Governor Michael Patra, Indranil Bhattacharyya, Joice John and Avnish Kumar, said.

Ratan Tata's pet dog 'Goa' refuses to leave his side

Ratan Tata's pet dog 'Goa' refuses to leave his side

Rediff.com11 Oct 2024

Wagging its tail non-stop, the dog with a red collar refused to leave Tata's side, literally clinging to the spot next to the casket.

Sensex, Nifty pare gains; end in red

Sensex, Nifty pare gains; end in red

Rediff.com21 Oct 2024

Bajaj Finserv, IndusInd Bank, Adani Ports, UltraTech Cement, Bajaj Finance, Tata Consultancy Services, Infosys, Bharti Airtel, Hindustan Unilever and JSW Steel were the other big laggards.

Sebi widens scope of T+0 settlement to top 500 stocks from Jan 31

Sebi widens scope of T+0 settlement to top 500 stocks from Jan 31

Rediff.com11 Dec 2024

The Securities and Exchange Board of India (Sebi) on Tuesday announced that the top 500 stocks will be eligible for the same-day settlement cycle (T+0) in a phased manner. This move is seen as a fresh push to ready the market ecosystem to speed up the settlement cycle, which currently stands at T+1.

'Swiggy Is Now Focusing On Overall Growth'

'Swiggy Is Now Focusing On Overall Growth'

Rediff.com16 Dec 2024

'Expect our food delivery business to deliver sustainable adjusted EBITDA margins of about 5 per cent in the medium term.'

Will The Farmers Make It To Delhi?

Will The Farmers Make It To Delhi?

Rediff.com23 Feb 2024

Scenes from the farmers' Delhi Chalo march and protest.

Ola Electric may lay off 500 staffers in major rejig

Ola Electric may lay off 500 staffers in major rejig

Rediff.com22 Nov 2024

Ola Electric is conducting an restructuring exercise which is expected to affect over 500 employees across various roles within the organisation, according to sources. This would be over 12 per cent of staff at the firm which has about 4,000 people. "This is a restructuring exercise ongoing for the last few months and is expected to conclude by next month," said a person familiar with the development.

Who Is This Beauty At The Ambani Haldi Ceremony?

Who Is This Beauty At The Ambani Haldi Ceremony?

Rediff.com10 Jul 2024

Hint: She's closely related to the bride, Radhika Merchant.

Is Novak Djokovic The GOAT?

Is Novak Djokovic The GOAT?

Rediff.com14 Jan 2025

The unanswerable question, of course, is whether Djokovic is the GOAT. That's a complex issue over which fans will forever bicker, observes Kanika Datta.

Puja, abhishekam at Kamala's ancestral village in TN

Puja, abhishekam at Kamala's ancestral village in TN

Rediff.com5 Nov 2024

An air of excitement and expectancy pervades Thulasendrapuram village in Tiruvarur district of Tamil Nadu hoping that Democrat Kamala Harris, current vice president, wins the US presidential elections.

Brokerages upbeat on TCS after Q3 miss

Brokerages upbeat on TCS after Q3 miss

Rediff.com12 Jan 2025

Most global as well as domestic brokerages are upbeat on India's largest IT services provider, Tata Consultancy Services (TCS), despite its performance during the December quarter of FY25, when it missed Street estimates. On the bourses, the TCS share price rallied as much as 6.44 per cent to hit an intraday high of Rs 4,296.80 apiece, before settling 5.67 per cent higher at Rs 4,265.55.

Manu, Gukesh, Harmanpreet honoured, para-athletes shine

Manu, Gukesh, Harmanpreet honoured, para-athletes shine

Rediff.com17 Jan 2025

The para-athletes outnumbered the able-bodied ones in the list this time due to the magnificent Paris Paralympics performance in which they returned with 29 medals, including seven gold and nine silver.

Bumrah frustrated on missing out on 'spiciest wicket'

Bumrah frustrated on missing out on 'spiciest wicket'

Rediff.com5 Jan 2025

Jasprit Bumrah was left frustrated after missing out on another chance to bowl on the "spiciest wicket of the series". However, India's premier pacer emphasized that sometimes it becomes imperative for a player to respect his body.

Gorge Soros, Hillary Clinton get Medal of Freedom from Biden

Gorge Soros, Hillary Clinton get Medal of Freedom from Biden

Rediff.com4 Jan 2025

Soros, 94, in the recent past has spoken openly against Prime Minister Narendra Modi. The ruling BJP believe that he tried to interfere in Indian elections.

PIX: India's Paralympic stars touch down in Delhi

PIX: India's Paralympic stars touch down in Delhi

Rediff.com7 Sep 2024

India's medal tally at the ongoing Paralympics has gone up to 27, with six gold medals, nine silver medals, and 12 bronze medals.

Zomato gets fresh GST demand, penalty order of Rs 17.7 cr

Zomato gets fresh GST demand, penalty order of Rs 17.7 cr

Rediff.com18 Sep 2024

Online food delivery aggregator Zomato on Wednesday said it has received a GST demand order along with interest and penalty amounting to Rs 17.7 crore from the Assistant Commissioner of Revenue, West Bengal. The demand order, received by the company on Tuesday, is with respect to non- payment of GST on delivery charges and interest, penalty thereon.

Kerala Congress apologises over Modi-Pope tweet

Kerala Congress apologises over Modi-Pope tweet

Rediff.com17 Jun 2024

The party said no Congress worker would even entertain the remotest thought of insulting the Pope, whom Christians around the world consider as God-like.

Swiggy seeks valuation of $11.3 bn; IPO to open on Wednesday

Swiggy seeks valuation of $11.3 bn; IPO to open on Wednesday

Rediff.com5 Nov 2024

Food delivery and quick-commerce major Swiggy, which is coming out with its initial public offering (IPO) on Wednesday, is seeking a valuation of about $11.3 billion. The Bengaluru-based company is aiming to garner Rs 11,327 crore from the IPO, which will comprise a fresh issue of shares worth Rs 4,499 crore along with an offer for sale (OFS) of Rs 6,828 crore. Swiggy has set a price band of Rs 371 to Rs 390 per share for its maiden public issue.

'Kohli Writing Final Chapter Of His Story'

'Kohli Writing Final Chapter Of His Story'

Rediff.com22 Dec 2024

'Greatness isn't just about what they achieve in their prime. It's about how they adapt, endure, and finish.'
'Kohli, Smith, and Root are writing the final chapters of their stories, and we should honour their courage as much as their brilliance.'

Brokerages split after JSW Steel Q3 results miss estimates

Brokerages split after JSW Steel Q3 results miss estimates

Rediff.com28 Jan 2025

Steel maker JSW Steel's Q3 results, announced on January 24, 2025, after market hours, failed to meet Street expectations. The company reported a consolidated net profit attributable to the owners of Rs 717 crore in Q3FY25, reflecting a 70.3 per cent decline Y-o-Y, compared to Rs 2,415 crore in Q3FY24.

Meet Miss Expressive Shruti Ramachandran

Meet Miss Expressive Shruti Ramachandran

Rediff.com8 Aug 2024

'A dress with pockets,' according to her, 'is the most underrated piece of clothing'.

Aus Open PIX: Djokovic, Alcaraz cruise; Osaka exits with injury

Aus Open PIX: Djokovic, Alcaraz cruise; Osaka exits with injury

Rediff.com17 Jan 2025

Carlos Alcaraz secured his passage into the fourth round of the Australian Open with a 6-2, 6-4, 6-7(3), 6-3 victory over Nuno Borges.

10 Kuki youths shot multiple times, mostly on the back: Autopsy

10 Kuki youths shot multiple times, mostly on the back: Autopsy

Rediff.com2 Dec 2024

Post-mortem examination reports of 10 Kuki-Zo youths killed in an alleged gunfight with CRPF in Manipur have revealed that they sustained multiple fatal bullet injuries, with most of them fired from behind. The reports also noted that the youths were in camouflage and khaki dresses when they were brought for autopsy. The incident has raised concerns about the circumstances surrounding the deaths and the ongoing ethnic violence in the state.

RBI rate cut in Dec? Unlikely, say experts

RBI rate cut in Dec? Unlikely, say experts

Rediff.com2 Dec 2024

Despite gross domestic product (GDP) growth being lower-than-expected for the July-September quarter, the six-member Monetary Policy Committee (MPC) may not cut the policy repo rate in the review meeting scheduled for next week due to high inflation in October, according to experts. "Consumer Price Index (CPI) inflation breaching the upper limit of the RBI's tolerance band in October (6.2 per cent year-on-year) is not a favourable backdrop for the MPC to commence the easing cycle, even as the growth outcome disappointed the MPC's expectations," said Shreya Sodhani, regional economist at Barclays, who expects the policy repo rate to be kept unchanged in the December meeting.

4 persons rescued alive 3 days after Wayanad tragedy

4 persons rescued alive 3 days after Wayanad tragedy

Rediff.com2 Aug 2024

The rescuers on Friday found that the family, comprising two males and two females, was isolated after the landslide cut off their house from the rest of the region.

Aus Open PIX: Swiatek, Raducanu, Fritz advance

Aus Open PIX: Swiatek, Raducanu, Fritz advance

Rediff.com16 Jan 2025

Images from Day 5 of the 2025 Australian Open at Melbourne Park on Thursday.

Tycoons At Radhika-Anant's Wedding

Tycoons At Radhika-Anant's Wedding

Rediff.com12 Jul 2024

Businessmen from all over the world attended Radhika Merchant and Anant Ambani's wedding at the Jio World Convention Centre, Bandra Kurla Complex, north west Mumbai, on Friday, July 12, 2024.

Who Was The Best Dressed Ambani?

Who Was The Best Dressed Ambani?

Rediff.com17 Jul 2024

Nita, Isha and Shloka Ambani were the real scene stealers.

JSW MG surges in sales: Is this the disruption electric car market needs?

JSW MG surges in sales: Is this the disruption electric car market needs?

Rediff.com30 Nov 2024

In September, JSW MG Motor India, the newly minted joint venture between SAIC Motor, which is present in 100 countries, and Indian conglomerate JSW Group, launched the Windsor, an electric car that introduced battery as a service (BaaS).

Baltimore bridge collapse: 6 missing persons feared dead

Baltimore bridge collapse: 6 missing persons feared dead

Rediff.com27 Mar 2024

The ship, outbound from Baltimore to Colombo, struck a 1.6-mile-long, four-lane bridge in Baltimore in the early hours of Tuesday morning. Shortly after the collision, the bridge collapsed, crashing on the cargo ship.

Sebi plans new asset class; minimum investment of Rs 10 lakh

Sebi plans new asset class; minimum investment of Rs 10 lakh

Rediff.com30 Sep 2024

Capital markets regulator Sebi on Monday cleared a proposal to introduce a new asset class for high-risk profile investors to bridge the gap between mutual funds and portfolio management services in terms of flexibility in asset construction. The minimum amount of Rs 10 lakh can be invested for the new asset class per investor across all investment strategies of the new product in a particular AMC.

Paris Paralympics: India schedule on Saturday, Day 3

Paris Paralympics: India schedule on Saturday, Day 3

Rediff.com31 Aug 2024

Check out the schedule for India's athletes at the Paralympics in Paris on Saturday.

Bharat Ratna for Ratan Tata: Maharashtra cabinet passes resolution

Bharat Ratna for Ratan Tata: Maharashtra cabinet passes resolution

Rediff.com10 Oct 2024

Maharashtra cabinet on Thursday passed a resolution urging the central government to confer 'Bharat Ratna', the country's highest civilian award, on legendary industrialist late Ratan Tata.

Yes, It Happened This Year

Yes, It Happened This Year

Rediff.com5 Dec 2024

Some glimpses from the year gone by.

J-K bans WhatsApp, Gmail for sensitive official documents transmission

J-K bans WhatsApp, Gmail for sensitive official documents transmission

Rediff.com26 Nov 2024

The Jammu and Kashmir government has banned the use of third-party tools like WhatsApp and Gmail for transmitting sensitive official documents, citing security concerns. The order, issued by the General Administration Department, states that these platforms are not designed to handle classified information and their security protocols may not meet the stringent standards required for official communications. It highlights potential risks such as unauthorized access, data breaches, and leaks of confidential information. The order emphasizes the importance of using government email facilities, instant messaging platforms, and secure networks for handling sensitive information. It also prohibits the use of digital assistants and smartphones during discussions on classified matters. The government has warned of disciplinary action for non-compliance with these directives.

Sebi's 2024 review: Push for reforms continued despite controversies

Sebi's 2024 review: Push for reforms continued despite controversies

Rediff.com31 Dec 2024

In 2024, the Securities and Exchange Board of India (Sebi) implemented significant reforms, focusing on cooling down the derivatives segment, enhancing transparency and accountability in small and midsised enterprise (SME) listings, and deepening the fund management ecosystem.

Antilia Glows For The Wedding

Antilia Glows For The Wedding

Rediff.com11 Jul 2024

Many of the pre-wedding functions have taken place at the Ambani home, Antilia.