News for 'Francis Mascarenhas'

Sensex drops 111 points on FII selling, high inflation

Sensex drops 111 points on FII selling, high inflation

Rediff.com14 Nov 2024

From the 30-share Sensex pack, Hindustan Unilever, NTPC, Nestle, IndusInd Bank, Power Grid, Adani Ports, Tata Motors and Bajaj Finserv were the major laggards. Reliance Industries, Kotak Mahindra Bank, Tech Mahindra, Mahindra & Mahindra and HDFC Bank were among the gainers.

PHOTOS: Devotees bid farewell to Lord Ganesha

PHOTOS: Devotees bid farewell to Lord Ganesha

Rediff.com10 Sep 2022

The festival culminates on the day of Anant Chaturdashi, when the idols of Lord Ganesh are taken to nearby water bodies and immersed.

Moody's cuts India's GDP growth forecast to 6.3% in 2025 on US trade uncertainty

Moody's cuts India's GDP growth forecast to 6.3% in 2025 on US trade uncertainty

Rediff.com6 May 2025

Moody's Ratings on Tuesday cut India's GDP growth projections for 2025 to 6.3 per cent, from 6.5 per cent, saying economies globally will see a slowdown on account of heightened US policy uncertainty and trade restrictions.

1st Test: What's This Artist Painting?

1st Test: What's This Artist Painting?

Rediff.com25 Jan 2024

Runs, wickets, fans and drama. Capturing all those moments and more on his canvas was British artist Andy Brown.

'Happy Dressing Room Is A Winning One'

'Happy Dressing Room Is A Winning One'

Rediff.com23 Jul 2024

'The most important thing is that they will always have my back. Aim to make it a happy and secure dressing room.'

Reliance to invest Rs 75,000 cr in North-Eastern states: Mukesh Ambani

Reliance to invest Rs 75,000 cr in North-Eastern states: Mukesh Ambani

Rediff.com23 May 2025

Oil-to-telecom conglomerate Reliance Industries Ltd will invest Rs 75,000 crore in North Eastern states in setting up 350 biogas plants, expanding its telecom services, retail footprint, and clean energy projects, chairman Mukesh Ambani said on Friday. Speaking at the Rising NorthEast Investors Summit here, Reliance Industries Ltd chairman and managing director said his group will invest in factories for high-quality FMCG products in the region and setting up a 150-bed cancer hospital in Manipur.

A Tamil Nadu Village Prays For Kamala

A Tamil Nadu Village Prays For Kamala

Rediff.com5 Nov 2024

Hours before the US presidential elections, special prayers were held for Democrat candidate Kamala Harris's victory at her ancestral village in Tamil Nadu.

Youngest since Nadal: Tien makes Aus Open history

Youngest since Nadal: Tien makes Aus Open history

Rediff.com18 Jan 2025

Learner Tien became the youngest man to reach the Australian Open fourth round in 20 years

Affordable Homes Within Reach As Banks Ease Lending Norms

Affordable Homes Within Reach As Banks Ease Lending Norms

Rediff.com8 Jul 2025

The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.

Sensex ends 322 points lower on selling in IT & Teck stocks

Sensex ends 322 points lower on selling in IT & Teck stocks

Rediff.com3 Apr 2025

From the Sensex pack, Tata Consultancy Services, HCL Technologies, Tech Mahindra, Infosys, Tata Motors, Bajaj Finance, Kotak Mahindra Bank, Mahindra & Mahindra, Bharti Airtel and Maruti Suzuki India, Tata Steel were the major laggards. PowerGrid, Sun Pharmaceuticals, UltraTech Cement, NTPC, Asian Paints, Nestle India, Titan, IndusInd Bank and Axis Bank were among the gainers.

ATP round-up: Alcaraz eases into Rotterdam semis

ATP round-up: Alcaraz eases into Rotterdam semis

Rediff.com8 Feb 2025

Top seed Carlos Alcaraz of Spain and No. 8 seed Hubert Hurkacz of Poland will clash in the ABN Amro Open semi-finals on Saturday after both posted victories on Friday in Rotterdam, Netherlands.

'India is my home, don't want to go back to Pakistan'

'India is my home, don't want to go back to Pakistan'

Rediff.com29 Apr 2025

'Where my husband lives, that is my home. I want to stay here with him'

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.

What RBI's 50 bps rate cut mean for the 'aam aadmi'

What RBI's 50 bps rate cut mean for the 'aam aadmi'

Rediff.com6 Jun 2025

The Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to cut the repo rate by 50 basis points (bps) to 5.5% was contrary to the expectations of many economists. Firstly, most of the economists expected the MPC to cut the repo rate by 25 bps citing the weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity.

Sun Pharma stock up 2.15% as US court clears alopecia drug launch

Sun Pharma stock up 2.15% as US court clears alopecia drug launch

Rediff.com12 Apr 2025

Sun Pharmaceutical Industries stock ended 2.15 per cent higher on Friday after zooming by almost 5 per cent in the morning trade on the back of an announcement that a court ruling has cleared the deck for the India's largest pharmaceutical company to launch its alopecia drug Leqselvi in the United States.

Festive demand helps PV wholesales rise marginally in October: SIAM

Festive demand helps PV wholesales rise marginally in October: SIAM

Rediff.com13 Nov 2024

Aided by festive demand, domestic passenger vehicle wholesales rose marginally year-on-year to 3,93,238 units in October, industry body SIAM said on Wednesday. The overall passenger vehicle dispatches by companies to dealers stood at 3,89,714 units in October last year. Total two-wheeler sales rose 14 per cent year-on-year to 21,64,276 units last month, as compared to 18,95,799 units in October 2023, the Society of Indian Automobile Manufacturers (SIAM) said in a statement.

Bumrah 'outbowled' other Indian bowlers in Vizag: AB de Villiers

Bumrah 'outbowled' other Indian bowlers in Vizag: AB de Villiers

Rediff.com7 Feb 2024

South Africa batting great AB de Villiers has heaped praise on Jasprit Bumrah for simply "outbowling" his colleagues in the second Test against England in Visakhapatnam to help India level the five-match series.

Three firms seek CCI nod to acquire stakes in Akasa Air

Three firms seek CCI nod to acquire stakes in Akasa Air

Rediff.com20 Feb 2025

Tech tycoon Azim Premji's global investment arm, Manipal Group Chief Ranjan Pai's family office and 360 ONE Asset have sought approval from fair trade regulator CCI to acquire stakes in domestic carrier Akasa Air's parent company SNV Aviation. "The proposed transaction involves the acquisition of certain shareholding by each of PIOF, Claypond and 360 Fund (through its various schemes and affiliates) in Akasa Air," said a notice filed with the Competition Commission of India (CCI) on Wednesday.

'Kamala Harris is a fighter, she will make a comeback'

'Kamala Harris is a fighter, she will make a comeback'

Rediff.com6 Nov 2024

'We were hoping for her victory and had planned celebrations bigger than Deepavali'

Premium devices demand to push India smartphone mkt to over $50 bn in 2025

Premium devices demand to push India smartphone mkt to over $50 bn in 2025

Rediff.com3 Jan 2025

Rising demand for premium devices, led by Apple and Samsung, is expected to increase India's smartphone market size to over $50 billion (about Rs 428,900 crore) this year, market research firm Counterpoint Technology Market Research said on Friday. The Indian smartphone market size was estimated at $37.9 billion (about Rs 3.25 lakh crore) in 2021, according to the research firm.

Wankhede Buzzing With Tiranga Fever

Wankhede Buzzing With Tiranga Fever

Rediff.com15 Nov 2023

In a spirited show of support, fans have gathered with creative placards, expressing unwavering confidence in Team India.

Why these two ministries are unhappy with Ola Electric

Why these two ministries are unhappy with Ola Electric

Rediff.com21 Mar 2025

Ola Electric Mobility Ltd on Friday said ministries of heavy industries, and road transport and highways have sought information from the company over gap in vehicle registrations as per the Vahan portal and sales as per the firm's regulatory filing. Besides, the ministries have also sought clarification on reports "regarding non-compliance to the requirement of trade certificates", Ola Electric Mobility said in a regulatory filing.

Sebi brings in stricter disclosure norms for IPO-bound companies

Sebi brings in stricter disclosure norms for IPO-bound companies

Rediff.com4 Mar 2025

The Securities and Exchange Board of India (Sebi) has introduced stricter Key Performance Indicator (KPI) disclosures for initial public offers (IPOs). These new standards, developed in collaboration with industry associations, aim to enhance transparency and provide investors with a clearer understanding of a company's valuation and business performance.

Sebi removed 15,000 sites with unauthorised advice in three months

Sebi removed 15,000 sites with unauthorised advice in three months

Rediff.com2 Sep 2024

Kamlesh Chandra Varshney, a whole-time member of the Securities and Exchange Board of India (Sebi), said on Friday that the market regulator in the last three months had removed around 15,000 content sites linked to unregistered finfluencers or providing unauthorised investment advice. Speaking at the Global Fintech Fest, he said there was successful engagement with the technology providers who are complying with the regulator's request.

Why Parsiana Is Downing Shutters

Why Parsiana Is Downing Shutters

Rediff.com23 Sep 2025

'Financially we are sound and we have always broken even. 'It is just we don't have the personnel and that is why we have to close down.'

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

Manipur conflict: Two years on, thousands still wait to return home

Manipur conflict: Two years on, thousands still wait to return home

Rediff.com3 May 2025

Two years after ethnic violence erupted in Manipur, thousands of Internally Displaced Persons (IDPs) continue to live in overcrowded camps, struggling to rebuild their lives and facing an uncertain future. Despite the sacking of the Chief Minister and the imposition of President's rule, peace remains a distant hope. While hill-based Kukis demand a separate administration, Meiteis seek implementation of the National Register of Citizens (NRC) and deportation of those they consider illegal immigrants. The IDPs, grappling with severe psychological distress, feel forgotten by the government and are forced to depend on the mercy of others for basic needs.

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.

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.

'Bitter pill to swallow, but we've shown we can bounce back'

'Bitter pill to swallow, but we've shown we can bounce back'

Rediff.com8 Nov 2023

Afghanistan have rebounded from defeat at the World Cup and can do so again, coach Jonathan Trott said after Tuesday's three-wicket loss to Australia in Mumbai.

RBI Guv hints at more rate cuts in coming months

RBI Guv hints at more rate cuts in coming months

Rediff.com9 Apr 2025

After effecting two back-to-back 25 basis points rate cuts, Reserve Bank Governor Sanjay Malhotra on Wednesday hinted at another reduction in key policy rate by changing the central bank's monetary stance to 'accomodative' from 'neutral', which may further lower EMIs for consumers.

PHOTOS : India bid farewell to the Lord of Wisdom

PHOTOS : India bid farewell to the Lord of Wisdom

Rediff.com19 Sep 2021

While the administration has imposed strict restrictions on immersion of Ganesh idols in all cities, devotees were seen taking one last glimpse of Lord Ganesha on the last day of the ten-day-long Ganesh Chaturthi.

Have we seen the last of Kyrgios at Melbourne?

Have we seen the last of Kyrgios at Melbourne?

Rediff.com13 Jan 2025

'Nick Kyrgios without his serve is probably not -- I'm not a threat to many players.'

Akasa Air's net loss widens to 1,983 crore in FY25 as costs, delays rise

Akasa Air's net loss widens to 1,983 crore in FY25 as costs, delays rise

Rediff.com1 Jul 2025

Akasa Air's standalone net loss rose 18.7 per cent year-on-year (Y-o-Y) to roughly Rs 1,983 crore in 2024-25 (FY25), driven by rising employee costs, aircraft maintenance and airport charges, and a sharp increase in foreign exchange (forex) expenses, sources privy to the development told Business Standard.

BJP Celebrates Modi's Third Term

BJP Celebrates Modi's Third Term

Rediff.com4 Jun 2024

Celebrations had already begun at BJP headquarters before the full announcement of results.

Coaching comes naturally to high IQ Murray: Djokovic

Coaching comes naturally to high IQ Murray: Djokovic

Rediff.com10 Jan 2025

While forthcoming with Murray, Djokovic was in no mood to elaborate on comments that he had been fed poisoned food while in detention during the 2022 Australian Open visa saga.

Sini Shetty May Not Have Been Crowned Miss World But...

Sini Shetty May Not Have Been Crowned Miss World But...

Rediff.com10 Mar 2024

Glimpses from the 71st edition of the Miss World pageant.

Weak guidance may hit Sun Pharma in FY26

Weak guidance may hit Sun Pharma in FY26

Rediff.com1 Jun 2025

Despite a healthy performance in the fourth quarter of 2024-25 (Q4FY25), the stock of India's largest listed pharma company, Sun Pharmaceutical Industries (Sun Pharma), was under pressure on Friday due to a muted guidance. The company has guided for a high single-digit revenue growth for FY26, which is below what the Street was working with.

'If There Is No Money In The Hands Of People...'

'If There Is No Money In The Hands Of People...'

Rediff.com31 Jan 2025

'...how do they consume and contribute to the GDP?'

RBI issues framework for reclassification of FPI to FDI

RBI issues framework for reclassification of FPI to FDI

Rediff.com11 Nov 2024

The Reserve Bank of India on Monday issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign direct investment (FDI) if the entity breaches the prescribed limit. Markets regulator Sebi too has issued a circular on procedure for reclassification of FPI investment to FDI.