Non-banking financial company (NBFC) Tata Capital is set to launch its much-anticipated $2 billion (Rs 17,200 crore) initial public offering (IPO) in the week beginning September 22, market sources familiar with the matter said on Sunday. The issue is expected to value the company around $11 billion, they added. Tata Capital is likely to make its stock market debut by September 30.
In the Indian stock market, investors are interested in the actions of both domestic and foreign institutional investors (FIIs and DIIs). These groups have wealth as well as expertise in research, which makes them powerful participants in the Indian stock market. Their buy and sell positions have a large effect on stock prices and market sentiment due to the large volume.
'The scale and depth of talent here plays a central role in core software product engineering for some of the biggest brands in tech.'
The collective West has always opposed strong leaders and economic development in India, asserts Colonel Anil A Athale (retd).
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
Jane Street could do what they did because of the most fundamental flaw in the Indian stock market: a fragmented, fractured, fissured, fistula-ed liquidity stream, points out Shankar Sharma.
The strategy was straightforward - aggressively buy select Bank Nifty index stocks in the morning and sell them just as forcefully later in the day, triggering a sharp drop in share prices.
The Kalyani Priyadarshan starrer is the kind of incentive superhero origin story that can alter the way such films are made in Malayalam cinema, feels Arjun Menon.
rediffGURU Chocko Valliappa offers crucial career advice to engineering aspirants.
The biggest risk for investors isn't the market, but their own minds, biases and emotions often lead to poor financial choices.
China showcased its latest military hardware, including hypersonic and ballistic missiles, during a parade commemorating the 80th anniversary of its victory against Japanese aggression in World War II. President Xi Jinping called for world peace and national rejuvenation.
'A staggered investment approach (using SIP or STP) can help investors benefit from this opportunity while reducing timing risk.'
Prime Minister Narendra Modi and Chinese President Xi Jinping are expected to hold bilateral meetings on the sidelines of the SCO summit in Tianjin, as both nations look to strengthen ties amid global trade tensions.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
The Human-rated LVM3 vehicle, the Crew Escape System and the Crew Module and Service Module are all in final stages of testing and integration.
Prime Minister Narendra Modi on Monday presented India's strong stance against terrorism, calling out the 'some countries' for their open support of terrorism and reaffirming that such 'double standards' are not acceptable.
A day before US President Donald Trump's additional 25 per cent tariff kicks in, Prime Minister Narendra Modi on Tuesday made a vehement pitch for swadeshi and Make in India that should help create jobs in the country.
Festive sales are expected to surge 27 per cent to cross Rs 120,000 crore in 2025, driving Amazon and Flipkart to expand warehousing capacity by millions of cubic feet and extend delivery networks to thousands of new pin codes -- an infrastructure buildout that could reshape India's retail landscape for years.
Gill will try to prove a point with aggressive cricket in Asia Cup, says Irfan Pathan
There is a real danger of nuclear weapons falling in the hands of non state actors in Pakistan, they said adding his remarks are a symptom that democracy does not exist in that country.
'Life in India is better only for those who have reservations.'
The Meitei group Arambai Tenggol surrendered 246 firearms to security forces in Manipur, bringing the total number of weapons surrendered to 307. The surrender follows a deadline set by Governor Ajay Bhalla for the return of illegal weapons. Arambai Tenggol's decision was influenced by assurances from the governor, including the eradication of opium poppy cultivation, implementation of border fencing, and a general amnesty for members of the group. Officials believe the surrender will contribute to restoring peace in the state, which has been rocked by ethnic violence for nearly two years. The police have urged others in possession of illegal firearms to surrender them before the deadline. Former Chief Minister N Biren Singh welcomed the surrender, calling it a "big step towards peace."
Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.
The Galwan clashes indicate to the limitations in relations if they do not address border stability, points out Srikanth Kondapalli.
The Galwan clashes indicate to the limitations in relations if they do not address border stability, points out Srikanth Kondapalli.
Australia will look to seal the three-match T20 series against South Africa with another win in Darwin on Tuesday.
India-US relations, like Rome, were not built in a day, nor can they be demolished in a day.
All said and done, when the new global order emerges, India can only remain with the democracies, asserts Ambassador T P Sreenivasan.
'We need to make sure we invest in the right spaces to play Test cricket where it means something and has jeopardy.'
'They know that when they go inside (the pitch), they have a job to do. So, there is no excuse.'
'...it should not delude itself into thinking that India's security or its great-power ambitions will be advanced by those partnerships.'
'Instead, what India should focus on is on riding out the next three-and-a-half years of Trump's presidency with minimal damage to itself.'
'If Washington has to balance Chinese power, she will have to turn to the third biggest power in the world which is India.' 'The United States and India will have to work together in order to keep Chinese ambitions in check.'
The US's recent 50 per cent tariff on Indian exports will have a trickledown effect on India's affordable housing, potentially derailing demand as well as supply in this segment, according to experts. Pointing to worker incomes and jobs in micro, small and medium enterprises (MSMEs), and small and medium enterprises (SMEs) that typically make up majority of the customer base of affordable housing, would take a hit in the near terms due to the tariff change, further crippling India's affordable housing sector, already reeling from the impact of the Covid-19 pandemic.
'...to build a consensus, not conflict or struggle.'
Japanese automaker Suzuki Motor Corporation will invest Rs 70,000 crore in the next five to six years in India to strengthen its operations in the country, its representative director and president Toshihiro Suzuki said on Tuesday. Prime Minister Narendra Modi on Tuesday kicked off exports of Maruti Suzuki India's first electric vehicle e VITARA to 100 countries and also inaugurated the production of lithium-ion battery cells for strong hybrid electric vehicles at its facility in Gujarat.
C P Rizwan led the UAE to its first win in a T20 World Cup match, played 42 ODIs and 18 T20Is before he retired this week. 'I end my international career with a heavy heart, but I feel proud of what I have achieved,' Rizwan tells K R Nayar.
Amit Shah seemingly encouraging AIADMK dissident Sengottaiyan after party boss Edappadi K Palaniswami had removed his one-time mentor from all party posts has not gone down well with party cadres. They are now ready to buy Team EPS' theory that the BJP and Amit Shah are out to liquidate the AIADMK, points out N Sathiya Moorthy.
'We should watch -- in the near term -- for signs that the two have totally fallen out at a personal, political level.' 'Trump and Modi know how to be dealmakers, but they also know how to hold a grudge.'
'9 September saw Kathmandu and other key cities under the control of goons.' 'There was no authority, the police was nowhere.' 'The crowds torched all three centres of the state -- the supreme court, parliament and the Singha Durbar government headquarters.' 'The army stayed aloof from the complete destruction of these edifices, which is less than a kilometre from its headquarters.'
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
"Right from choosing the exact colour of the stone to what kind of metal would go around it... We paid so much attention to tiny colours," says Amit Aggarwal.