News for 'Head of Financial Services'

Nifty hits new peak, Sensex up 282 points

Nifty hits new peak, Sensex up 282 points

Rediff.com19 Feb 2024

Among Sensex shares, Bajaj Finserve, ICICI Bank, Bharti Airtel, Bajaj Finance, Sun Pharma, Maruti Suzuki, ITC, and Nestle were the lead gainers. On the other hand, L&T Wipro, IndusInd Bank and TCS and Tata Motors were the lead losers.

Sensex tumbles 724 points; bank stocks drag

Sensex tumbles 724 points; bank stocks drag

Rediff.com8 Feb 2024

Among the Sensex firms, ITC, Kotak Mahindra Bank, ICICI Bank, Nestle, Axis Bank, IndusInd Bank, UltraTech Cement, Bajaj Finance, Maruti and HDFC Bank were the major laggards.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com2 Jul 2023

The domestic equity market, which is on a record-breaking spree, will focus on macroeconomic data announcements, movement in global stocks and the US Fed minutes to get further direction, analysts said. Trading activity of Foreign Institutional Investors (FIIs) will also innfluence investors.From the domestic macroeconomic front, Purchasing Managers' Index (PMI) data for the manufacturing sector will be released on Monday, and that o,f the services sector on Wednesday. Investors, this week, will keenly watch major global market events, icluding the outcome of the Federal Open Market Committee (FOMC) minutes, scheduled to be out on Wednesday.

Foreign fund outflows continue; Sensex ends up 33 pts

Foreign fund outflows continue; Sensex ends up 33 pts

Rediff.com8 Nov 2023

Among the Sensex firms, Asian Paints, Titan, Larsen & Toubro, JSW Steel, ITC, Hindustan Unilever, Maruti and Reliance Industries were the major gainers. ICICI Bank, NTPC, Infosys, Tech Mahindra, Tata Steel and Bajaj Finance were among the laggards.

Small Town India Falls In Love With MFs

Small Town India Falls In Love With MFs

Rediff.com24 Dec 2024

More than 50 per cent of SIP accounts come from semi-urban and rural areas.

'Unmarried Couple Harassed by Neighbour. Pls Help'

'Unmarried Couple Harassed by Neighbour. Pls Help'

Rediff.com17 Jan 2025

rediffGURU Dr Ashish Sehgal counsels individuals on how to resolve conflicts and prioritise mental wellbeing.

Sensex falls 379 pts on profit taking in bank & IT stocks

Sensex falls 379 pts on profit taking in bank & IT stocks

Rediff.com2 Jan 2024

Among the Sensex firms, Kotak Mahindra Bank, UltraTech Cement, Mahindra & Mahindra, Larsen & Toubro, ICICI Bank, IndusInd Bank, Wipro and Hindustan Unilever were the major laggards. Sun Pharma, Bajaj Finance, Bharti Airtel, Reliance Industries, Bajaj Finserv and Titan were among the winners.

Markets rally make investors richer by Rs 10.58 lakh cr in three days

Markets rally make investors richer by Rs 10.58 lakh cr in three days

Rediff.com1 Apr 2024

Investors' wealth soared by Rs 10.58 lakh crore in three days of the market rally, where the BSE benchmark jumped over 2 per cent, and hit an all-time high on Monday. Extending its winning momentum to the third day running, the 30-share BSE Sensex jumped 363.20 points or 0.49 per cent to settle at 74,014.55. During the day, it zoomed 603.27 points or 0.81 per cent to hit its record high of 74,254.62.

Sensex, Nifty jump nearly 1% on gains in IT, banking shares

Sensex, Nifty jump nearly 1% on gains in IT, banking shares

Rediff.com6 Nov 2023

Among the Sensex firms, Larsen & Toubro, Axis Bank, Tata Steel, Bajaj Finance, Power Grid, Asian Paints, Mahindra & Mahindra and Bajaj Finserv were the biggest gainers. State Bank of India, Hindustan Unilever, Tata Motors and Titan were the laggards.

Markets end in red on profit-booking by investors

Markets end in red on profit-booking by investors

Rediff.com12 Dec 2023

Among the Sensex firms, IndusInd Bank, Maruti, Titan, Reliance Industries, NTPC, Mahindra & Mahindra, Larsen & Toubro, Kotak Mahindra Bank and HDFC Bank were the major laggards. UltraTech Cement, JSW Steel, Axis Bank, Tata Consultancy Services, Wipro and ITC were the major gainers.

Mid, Smallcap Stocks In Bear Market

Mid, Smallcap Stocks In Bear Market

Rediff.com28 Nov 2024

'Investors may have made money in mid and smallcaps due to market momentum, but now they need to focus on fundamentals.'

Credit cards get a festive boost, spending increases 25% in Sep

Credit cards get a festive boost, spending increases 25% in Sep

Rediff.com30 Oct 2024

Credit card spending in September recorded strong growth of 25 per cent year-on-year (Y-o-Y), marking the highest increase in six months. Even as many banks saw higher slippages during the July-September quarter of 2024-25, spending growth exceeded 20 per cent for the first time since February. According to the latest data released by the Reserve Bank of India (RBI), September spending reached Rs 1.76 trillion, compared to Rs 1.42 trillion in the same period a year ago. In August 2024, credit card spending was Rs 1.68 trillion.

Stock markets rebound; Sensex jumps 490 points

Stock markets rebound; Sensex jumps 490 points

Rediff.com2 Nov 2023

Among the Sensex firms, IndusInd Bank, Tata Steel, Tata Motors, Sun Pharma, Infosys, Mahindra & Mahindra, Infosys, NTPC, Bharti Airtel, HCL Technologies and Axis Bank were the biggest gainers. Tech Mahindra and Bajaj Finance were the laggards.

Sensex climbs Mount 72K for first time; Nifty hits all-time high

Sensex climbs Mount 72K for first time; Nifty hits all-time high

Rediff.com27 Dec 2023

Among the Sensex firms, UltraTech Cement, JSW Steel, Tata Motors, Bharti Airtel, State Bank of India, Larsen & Toubro, Infosys and Bajaj Finserv were the major gainers. On the other hand, NTPC and Tech Mahindra were the laggards.

Nilekani-backed people+ai rolls out AI strategy...

Nilekani-backed people+ai rolls out AI strategy...

Rediff.com8 May 2024

An initiative of Nandan Nilekani's EkStep Foundation, people+ai on Tuesday unveiled its vision for the future of Artificial Intelligence (AI) in India, dubbed 'Adbhut India' (Amazing India). It aims to harness AI as a powerful tool to enhance the lives of all Indians. The event marked the rollout of several initiatives by people+ai that are focused on discovering, demonstrating, and disseminating population-scale AI use cases for India.

IT, auto stocks push Sensex over 500 points

IT, auto stocks push Sensex over 500 points

Rediff.com22 Feb 2024

In the Sensex pack, HCLTech rose the maximum by 3.12 per cent, followed by ITC which gained 2.73 per cent and M&M went up 2.61 per cent. TCS climbed 2.44 per cent. Tech Mahindra, Wipro, L&T and Maruti were among the other major gainers.

BSE, NSE end in red; Sensex slumps 434 points

BSE, NSE end in red; Sensex slumps 434 points

Rediff.com21 Feb 2024

In the Sensex pack, 20 stocks ended in the red while 37 of the Nifty constituents closed the session with losses. NTPC was the biggest loser among the Sensex constituents, ending with a loss of 2.71 per cent.

Sensex jumps 349 points; Nifty scales fresh lifetime high

Sensex jumps 349 points; Nifty scales fresh lifetime high

Rediff.com20 Feb 2024

Among Sensex gainers, Power Grid jumped the most by 4.16 per cent after its board approved an investment of Rs 656 crore in transmission projects. Private lenders HDFC Bank, Axis Bank, Kotak Bank, IndusInd Bank and ICICI Bank were also among lead gainers. NTPC, Nestle and Hindustan Unilever also ended the session with gains.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com12 Nov 2023

Equity markets would take cues from domestic inflation data announcement, global trends and trading activity of foreign investors in a holiday-shortened week ahead, analysts said. Markets would remain closed on Tuesday for 'Diwali Balipratipada'. "As we enter a truncated week with Muhurat trading on Sunday, global cues will play a pivotal role in shaping the market direction.

Even MBAs Find It Tough To Get Jobs

Even MBAs Find It Tough To Get Jobs

Rediff.com1 Jul 2024

'Corporations that were recruiting 15 or 20 [students] have reduced the number to two or three.'

Stock markets end flat in highly volatile trade

Stock markets end flat in highly volatile trade

Rediff.com25 Sep 2023

Among the Sensex firms, Bajaj Finance jumped the most by 4.64 per cent. Bajaj Finserv, Kotak Mahindra Bank, Asian Paints, UltraTech Cement, ICICI Bank, NTPC, JSW Steel and Tata Steel were among the major gainers. Infosys, Mahindra & Mahindra, Wipro, Tata Consultancy Services, IndusInd Bank and HCL Technologies were the major laggards.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com8 Oct 2023

Quarterly earnings from IT majors Tata Consultancy Services (TCS), Infosys, macroeconomic data announcements, global trends and trading activity of foreign investors would guide the movement in the equity market this week, analysts said. Movement of global oil benchmark Brent crude and the rupee will also influence trading in the markets. "All eyes will be on the beginning of corporate performance for the second quarter of the current fiscal year. TCS is slated to unveil its Q2 results on October 11, with HCL Technologies and Infosys following suit on October 12.

Need to probe if driver used BEST bus as 'weapon': Cops tell court

Need to probe if driver used BEST bus as 'weapon': Cops tell court

Rediff.com11 Dec 2024

Police have registered a case on charges of culpable homicide not amounting to murder against the driver of a BEST bus involved in an accident in Mumbai which claimed six lives and left 43 others injured, officials said on Tuesday.

Sensex plunges 826 points on heightened tensions in the Middle East

Sensex plunges 826 points on heightened tensions in the Middle East

Rediff.com23 Oct 2023

Among the Sensex firms, JSW Steel, Tata Motors, Tata Steel, Tata Consultancy Services, NTPC, Wipro, HCL Technologies, State Bank of India, Larsen & Toubro, UltraTech Cement, IndusInd Bank, Kotak Mahindra Bank, Power Grid and Reliance Industries Limited were the major laggards. Mahindra & Mahindra and Bajaj Finance were the gainers.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com14 Jan 2024

Movement in the equity market this week will largely be dictated by quarterly earnings of blue-chip firms HDFC Bank and Hindustan Unilever, along with the announcement of WPI inflation data and global trends, analysts said. Trading activity of foreign investors, global oil benchmark Brent crude and rupee-dollar trend would also guide the movement.

GDP growth slows to 15-month low of 6.7% in Apr-Jun

GDP growth slows to 15-month low of 6.7% in Apr-Jun

Rediff.com30 Aug 2024

India's economic growth slowed to a 15-month low of 6.7 per cent in April-June 2024-25, mainly due to poor performance of the agriculture and services sectors, government data showed on Friday. The gross domestic product (GDP) expanded by 8.2 per cent in the April-June quarter of 2022-23. India, however, remained the fastest-growing major economy, as China posted a 4.7 per cent growth in April-June 2024.

Obama appoints first female head of Secret Service

Obama appoints first female head of Secret Service

Rediff.com27 Mar 2013

US President Barack Obama has announced to appoint Julia Pierson as the new Director of the Secret Service, thus making her the first female to head the commando unity, which is responsible for the security of the US president and his family.

Can India Inc Absorb 10 Million Interns?

Can India Inc Absorb 10 Million Interns?

Rediff.com14 Aug 2024

'India's top companies currently lack the organisational wherewithal to hire and train 2 million interns annually, given their current scale of operations and existing employee base.'

Markets crash: Investors' wealth falls by Rs 3.46 lakh cr

Markets crash: Investors' wealth falls by Rs 3.46 lakh cr

Rediff.com2 Aug 2023

Investors' wealth eroded by Rs 3.46 lakh crore on Wednesday as equity markets took a sharp tumble amid weak global trends and foreign fund outflows. The 30-share BSE Sensex fell by 676.53 points or 1.02 per cent to settle at 65,782.78. During the day, it plunged 1,027.63 points or 1.54 per cent to 65,431.68. In line with the weak trend in equities, the market capitalisation of BSE-listed firms eroded by Rs 3,46,947.54 crore to Rs 3,03,33,258.69 crore.

'Noel Tata Should Be Inducted Into Tata Sons Soon'

'Noel Tata Should Be Inducted Into Tata Sons Soon'

Rediff.com12 Oct 2024

'The quality of a leader should be such that even if the leader is not there, the institution carries on.'

Sensex falls 256 points due to selling in banking, FMCG shares

Sensex falls 256 points due to selling in banking, FMCG shares

Rediff.com31 Aug 2023

Asian Paints dropped the most by 1.33 per cent. IndusInd bank fell 1.2 per cent, Axis Bank by 1.19 per cent, SBI by 1.12 per cent, Bajaj Finance by 1.07 per cent, Nestle by 1.04 per cent, and TCS by 0.97 per cent. Hindustan Unilever, Reliance Industries, Power Grid and Kotak Bank also retreated. Maruti Suzuki was the lead gainer, rising by 2.22 per cent.

Tapping into India's talent, GCCs eye revenue goldmine

Tapping into India's talent, GCCs eye revenue goldmine

Rediff.com28 Mar 2024

Global capability centres (GCCs) are increasingly looking to tap into revenue opportunities from the Indian market, which is already a critical talent hub. While capturing the potential of the Indian market has been in the works over the past few years, it's only of late that companies are gaining momentum. India is home to more than 1,580 GCCs, with a total market size of $46 billion and growing at a compound annual growth rate (CAGR) of 11.4 per cent, according to a Nasscom-Zinnov report.

Wipro elevates insiders as CIO & head of ops

Wipro elevates insiders as CIO & head of ops

Rediff.com28 Jul 2011

Both these roles were handled by Laxman K Badiga, who took 'voluntary retirement' earlier this month after over three decades of service.

Sensex, Nifty back in green; FMCG, oil shares rule

Sensex, Nifty back in green; FMCG, oil shares rule

Rediff.com19 Dec 2023

Among the Sensex firms, Nestle rose the most by 4.66 per cent. NTPC rose by 2.16 per cent, Reliance Industries by 1.53 per cent, State Bank of India by 1.04 per cent and Hindustan Unilever by 1.03 per cent. ITC, Power Grid and Bajaj Finance were the major gainers. Wipro, Tata Consultancy Services, HCL Technologies, Tata Steel, Bajaj Finserv and Maruti were among the laggards.

Let Us Salute Narayana Murthy

Let Us Salute Narayana Murthy

Rediff.com25 Nov 2024

No great achievement or discovery or invention has been achieved without hard work. While the inspiration may have been an insight, it needs work to flesh the insight which requires hard work, asserts Mudit Jain.

Penny Stocks That Could Have Made You A Millionaire

Penny Stocks That Could Have Made You A Millionaire

Rediff.com27 Aug 2024

Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks (trading below Rs 10), you would have become a millionaire by now.

Bulls on rampage in D-Street; Sensex breaches 71K

Bulls on rampage in D-Street; Sensex breaches 71K

Rediff.com15 Dec 2023

HCL Technologies was the biggest gainer in the Sensex pack, rising 5.58 per cent, followed by Tata Consultancy Services and Infosys, State Bank of India, Tech Mahindra, Tata Steel, NTPC and Wipro. In contrast, Nestle, Bharti Airtel, Maruti and ITC were among the laggards.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com13 Aug 2023

Inflation data, global trends and foreign fund trading activity would guide equity market movement in a holiday-shortened week, analysts said. Stock markets would remain closed on Tuesday for Independence Day. "Macroeconomic indicators, rupee and FII activities will be pivotal in shaping market trends in the coming days.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com19 Nov 2023

Stock markets will be largely driven by global trends in the absence of any major domestic triggers this week, say analysts. The trading activity of foreign investors, global crude oil prices and rupee-dollar movement will also influence market movement, they said. "Anticipating a period of consolidation in the absence of clear global cues, the market's trajectory will likely hinge on the movement of the US bond yields, the dollar index, and crude oil prices, as well as institutional flows.

IPOs Soar on Bullish Market

IPOs Soar on Bullish Market

Rediff.com8 Sep 2024

The IPO filing-to-approval lapsing ratio this year is the best in three years, underscoring the improvement in the IPO market's buoyancy.