News for 'Ind AS'

M-cap of BSE-listed firms reach fresh peak of Rs 317.33 lakh crore

M-cap of BSE-listed firms reach fresh peak of Rs 317.33 lakh crore

Rediff.com6 Sep 2023

From the Sensex pack, Bharti Airtel, HDFC Bank, Titan, UltraTech Cement, ITC, Sun Pharma, Bajaj Finserv, Bajaj Finance, Hindustan Unilever and Kotak Mahindra Bank were among the major gainers. Tata Steel, Axis Bank, NTPC, ICICI Bank and IndusInd Bank were the major laggards.

'He is too good'

'He is too good'

Rediff.com21 Aug 2023

He bowled a wicket-maiden in the final over of the 2nd T20I match against Ireland and sealed the match with the figures of 2/15.

Sensex, Nifty fall for 3rd day on weak global trends

Sensex, Nifty fall for 3rd day on weak global trends

Rediff.com3 Aug 2023

Bajaj Finserv, ICICI Bank, Nestle, UltraTech Cement, Bajaj Finance, Maruti, Tata Consultancy Services, IndusInd Bank and State Bank of India were the major laggards. Infosys, JSW Steel, NTPC and Power Grid were the gainers.

PIX: Bollywood stars glam up Ind-Pak T20 WC match

PIX: Bollywood stars glam up Ind-Pak T20 WC match

Rediff.com25 Oct 2021

Akshay was seen enjoying the company of India opener Shikhar Dhawan who has not been included in the T20 World Cup squad.

New Challenges Facing Banks

New Challenges Facing Banks

Rediff.com28 Feb 2024

As the fight for deposits intensifies, the cost of money will rise and the margin will be under further pressure, points out Tamal Bandyopadhyay.

MP suspensions halve strength of INDIA bloc in RS, reduce by one-third in LS

MP suspensions halve strength of INDIA bloc in RS, reduce by one-third in LS

Rediff.com18 Dec 2023

The INDIA bloc has 95 MPs in Rajya Sabha of which 45 were suspended on Monday.

AAP spokesperson booked for calling BJP's Shehzad Poonawala 'Mujahideen'

AAP spokesperson booked for calling BJP's Shehzad Poonawala 'Mujahideen'

Rediff.com28 Jul 2023

Priyanka Kakkar wondered if "Mujahideen" or "Shehzad" meant "terrorist" and hit back at Poonawala for referring to a chief minister as "Jihadi."

Rupee trade: 9 Russian banks open vostro accounts

Rupee trade: 9 Russian banks open vostro accounts

Rediff.com16 Nov 2022

The Reserve Bank of India (RBI) has allowed the opening of nine special vostro accounts with two Indian lenders - Uco and IndusInd Bank - to facilitate overseas trade in rupee, Commerce Secretary Sunil Barthwal said on Tuesday. Apart from the domestic lenders, Russia's two largest banks - Sberbank and VTB Bank - are the first foreign lenders to have received approval from the central bank for settling international trade transactions in rupee. "Nine accounts have been opened. One each in Uco Bank, Sberbank, and VTB and six with IndusInd Bank. There are six different Russian banks who have opened special vostro account in IndusInd," Barthwal said.

SA vs Ind: Rain washes out play on Day 2 at Centurion

SA vs Ind: Rain washes out play on Day 2 at Centurion

Rediff.com27 Dec 2021

Better weather is forecast for Tuesday and Wednesday, but India will have to quicken the pace of their innings if they are to drive home their advantage.

State Bank of India, HDFC to gain from Nifty Bank index readjustment

State Bank of India, HDFC to gain from Nifty Bank index readjustment

Rediff.com26 Jun 2023

State Bank of India (SBI) and Housing Development Finance Corporation (HDFC) will see maximum inflows from passive trackers on account of the quarterly rebalancing exercise of the National Stock Exchange Nifty Bank Index. IndusInd Bank and AU Small Finance Bank could see maximum outflows. The rejig of the Nifty CPSE Index will result in inflows in Oil and Natural Gas Corporation, NTPC, and Coal India and maximum outflows in Bharat Electronics, according to Brian Freitas, a New Zealand-based analyst with Periscope Analytics.

RBI directs pvt banks to have at least two wholetime directors

RBI directs pvt banks to have at least two wholetime directors

Rediff.com26 Oct 2023

In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) on Wednesday directed them to have at least two wholetime directors. Lenders that do not meet the requirement will have to submit the names for the RBI's approval within four months. Banks need prior approval from the banking regulator for the appointment of wholetime directors.

Why sledging is overrated in Ind-Aus ties

Why sledging is overrated in Ind-Aus ties

Rediff.com24 Nov 2020

IPL is the reason...

Fag-end selling pulls Sensex down 224 points

Fag-end selling pulls Sensex down 224 points

Rediff.com12 Jul 2023

From the Sensex pack, Infosys, Tata Motors, UltraTech Cement, HDFC Bank, NTPC, IndusInd Bank, Larsen & Toubro, HCL Technologies, Power Grid, Maruti, HDFC and Tata Steel were the major laggards. Kotak Mahindra Bank, Asian Paints, Nestle, Titan, State Bank of India and Reliance Industries were the gainers.

Markets fall as investors turn cautious ahead of RBI monetary policy review

Markets fall as investors turn cautious ahead of RBI monetary policy review

Rediff.com8 Aug 2023

From the Sensex pack, Power Grid, Mahindra & Mahindra, JSW Steel, HCL Technologies, Sun Pharma, Nestle, IndusInd Bank, Reliance Industries, Bharti Airtel and ITC were the major laggards. Tech Mahindra, Wipro, Bajaj Finance, State Bank of India, Bajaj Finserv, Axis Bank, Titan and ICICI Bank were among the major gainers.

Investors lose Rs 2.89 lakh crore in two days of market fall

Investors lose Rs 2.89 lakh crore in two days of market fall

Rediff.com20 Sep 2023

Investors' wealth fell by Rs 2.89 lakh crore in two days of market fall, with the BSE Sensex tumbling 796 points on Wednesday, amid weak global market trends ahead of the US Federal Reserve's interest rate decision. Fresh foreign fund outflows and caution ahead of a host of interest rate decisions from global central banks also added to the overall bearish trend. Besides, the US Fed meeting, the BoE (Bank of England) and the BoJ (Bank of Japan) are also scheduled to meet this week.

Mcap of BSE-listed firms touch all-time high of Rs 296.48 lakh crore

Mcap of BSE-listed firms touch all-time high of Rs 296.48 lakh crore

Rediff.com30 Jun 2023

The market capitalisation of BSE-listed firms touched an all-time high of Rs 296.48 lakh crore on Friday as the benchmark Sensex hit its new life time peak amid bullish investor sentiments.hit its new lifetime peak. Rallying for the third day running, the 30-share Sensex surged 499.42 points or 0.78 per cent to reach its all-time high of 64,414.84 in early deals. Thanks to the rally in equities, the market capitalisation (mcap) of BSE-listed companies jumped to Rs 2,95,72,338.05 crore.

Bopanna-Ebden battle into US Open semi-finals

Bopanna-Ebden battle into US Open semi-finals

Rediff.com6 Sep 2023

India's Rohan Bopanna, partnering Australia's Matthew Ebden advanced to the semi-finals of the men's doubles at the US Open tennis tournament, at Flushing Meadows, New York, on Tuesday. The sixth seeds scored a 7-6(10), 6-1 victory over the 15th seeded American combination of Nathaniel Lammons and Jackson Withrow in the quarter-finals.

Ind-Swift's $15 m GDR by June-end

Ind-Swift's $15 m GDR by June-end

Rediff.com10 Jun 2005

Markets settle at record highs on buying in banking, oil shares

Markets settle at record highs on buying in banking, oil shares

Rediff.com17 Jul 2023

Benchmark Sensex and Nifty closed at new lifetime high levels on Monday on foreign fund inflows and buying in index majors HDFC Bank and Reliance Industries. The 30-share BSE Sensex jumped 529.03 points or 0.80 per cent to settle at its new all-time closing high of 66,589.93. During the day, it climbed 595.31 points or 0.90 per cent to hit its lifetime intra-day peak of 66,656.20. The NSE Nifty went up by 146.95 points or 0.75 per cent to end at a new record high of 19,711.45.

Nifty closes at record high; Sensex gains 246 points

Nifty closes at record high; Sensex gains 246 points

Rediff.com13 Sep 2023

Titan, IndusInd Bank, Axis Bank, State Bank of India, Power Grid, NTPC and Tata Motors were among the among the major gainers. Mahindra & Mahindra, Larsen & Toubro, Nestle, JSW Steel, Infosys and Tata Consultancy Services, Tech Mahindra and Maruti were the major laggards.

IPL 2023: Which Country Players Had A Dream Run?

IPL 2023: Which Country Players Had A Dream Run?

Rediff.com25 May 2023

The players of which country had the best IPL 2023? Srinivas Bhogle and Purnendu Maji find out.

India-West Indies ODI Series: Prasidh Krishna Most Valuable Player

India-West Indies ODI Series: Prasidh Krishna Most Valuable Player

Rediff.com7 Mar 2022

Srinivas Bhogle and Purnendu Maji list India's Most Valuable ODI Players in the India - West Indies series.

How fog in north India created chaos at Indian airports

How fog in north India created chaos at Indian airports

Rediff.com16 Jan 2024

As photographs and video clips were distributed on social media, aviation security watchdog BCAS issued show cause notices to IndiGo and Mumbai airport operator MIAL over the incident, official sources said on Tuesday.

Markets would stabilise by mid '10: IndBank chief

Markets would stabilise by mid '10: IndBank chief

Rediff.com23 Jan 2009

The market, which has been hit by global meltdown, would stabilise within a period of 16-18 months and by July-August 2010 the volume should rise, IMBS chairman and executive director of Indian Bank A Subramanian told reporters. Despite the global meltdown and southward movement of share broking business across the country, he was hopeful that with an improving market IMBS would surpass Rs 5,000 crore (Rs 50 billion) business in the next two years.

Sensex, Nifty end at record closing highs

Sensex, Nifty end at record closing highs

Rediff.com6 Jul 2023

From the Sensex pack, Mahindra & Mahindra emerged as the biggest gainer, climbing nearly 5 per cent. Power Grid, Tata Motors, Reliance Industries, NTPC, Axis Bank, Nestle, Kotak Mahindra Bank, Asian Paints and Wipro were among the other major gainers. Maruti, HCL Technologies, Bajaj Finance, IndusInd Bank, Infosys and Tata Steel were among the laggards.

India's pharma industry likely to take 5-6% price hikes this year

India's pharma industry likely to take 5-6% price hikes this year

Rediff.com6 Sep 2023

Notwithstanding the fact that the country's pharmaceutical (pharma) pricing regulator has allowed a 12 per cent price increase for medicines listed under the National List of Essential Medicines (NLEM) in 2023, analysts and industry insiders predict that the overall domestic pharma industry will only witness a price hike of 5-6 per cent. This is attributed to higher competitive intensity in the market. Krishnakumar V, executive director and chief operating officer (CEO) of Eris Lifesciences, a domestic-focused pharma company, noted that the NLEM segment experienced growth suppression of around 150 basis points due to price reductions during the January to July period this year.

Sensex, Nifty rally around 1% on strong macro data

Sensex, Nifty rally around 1% on strong macro data

Rediff.com1 Sep 2023

JSW Steel (3.37 per cent), Tata Steel (3.33 per cent), Maruti (3.24 per cent), Power Grid (3.07 per cent), IndusInd Bank (2.95 per cent), Bajaj Finance (2.12 per cent) and Tech Mahindra (2.22 per cent) were among major gainers. On the other hand, Ultratech Cement, Sun Pharma, Nestle and L&T were the losers.

Sensex, Nifty rebound on fag-end buying in IT, power shares

Sensex, Nifty rebound on fag-end buying in IT, power shares

Rediff.com20 Jun 2023

From the Sensex pack, Tata Motors, HCL Technologies, Power Grid, Tech Mahindra, NTPC, Axis Bank, Kotak Mahindra Bank, Larsen & Toubro, Wipro, Nestle, Tata Consultancy Services and Infosys were among the major gainers. Bajaj Finance, Bajaj Finserv, Mahindra & Mahindra, UltraTech Cement, IndusInd Bank and State Bank of India were the major laggards.

Bengaluru Open 2: Saketh-Ramkumar in last 8

Bengaluru Open 2: Saketh-Ramkumar in last 8

Rediff.com16 Feb 2022

The Indian pair of Saketh Myneni and Ramkumar Ramanathan beat compatriots Yuki Bhambri and Divij Sharan in straight sets to advance to the quarter-finals of the Bengaluru Open 2 ATP Challenger, in Bengaluru, on Wednesday.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com16 Jul 2023

Domestic equity markets, which are at record high levels, will be driven by quarterly earnings, global trends and foreign fund movement, analysts said. The movement of rupee and global oil benchmark Brent crude will also be tracked by investors. "The direction of global stock markets, fluctuations in the rupee-to-dollar exchange rate, and movement in crude oil prices will all play a crucial role in influencing the overall market trend.

Sensex ends in red; Nifty edges up 26 points

Sensex ends in red; Nifty edges up 26 points

Rediff.com26 Jun 2023

From the Sensex pack, Tata Consultancy Services, Reliance Industries, NTPC, Bharti Airtel, Power Grid, Larsen & Toubro, HDFC Bank, Kotak Mahindra Bank, Tech Mahindra and HDFC were the major laggards. Maruti, Tata Motors, Titan, UltraTech Cement, Bajaj Finserv, Mahindra & Mahindra, State Bank of India and IndusInd Bank were the biggest gainers.

Ind vs Aus: 'Test series turning into arm-wrestle'

Ind vs Aus: 'Test series turning into arm-wrestle'

Rediff.com5 Jan 2021

'The first two Tests have been tough cricket, it's 1-1 and that probably shows how close the series has been'

IPL 2021: Harshal Patel Wins MVP Race

IPL 2021: Harshal Patel Wins MVP Race

Rediff.com16 Oct 2021

Purnendu Maji and Srinivas Bhogle list IPL 2021's 50 Most Valuable Players.

Bull run continues; Sensex, Nifty close at record highs

Bull run continues; Sensex, Nifty close at record highs

Rediff.com4 Jul 2023

Benchmark equity indices continued their record-shattering spree on Tuesday, with the Sensex and Nifty hitting their fresh all-time high levels in early trade, amid persistent foreign fund inflows. Also, buying in Bajaj Finance, Bajaj Finserv, Tata Consultancy Services and HDFC twins added to the positive market momentum. Rallying for the fifth straight session, the 30-share BSE Sensex jumped 381.55 points to hit its all-time peak of 65,586.60 in early trade.

Markets extend losses; Sensex tanks 260 points

Markets extend losses; Sensex tanks 260 points

Rediff.com23 Jun 2023

Tata Motors was the biggest loser in the Sensex pack, skidding 1.77 per cent, followed by SBI, Power Grid, Tata Steel, Infosys, UltraTech Cement, Titan, Larsen & Toubro, Reliance Industries and Maruti. On the other hand, IndusInd Bank, Bharti Airtel, Asian Paints, NTPC, HCL Technologies, HDFC and Sun Pharma were the gainers.

Sensex, Nifty rebound on heavy buying in RIL

Sensex, Nifty rebound on heavy buying in RIL

Rediff.com10 Jul 2023

From the Sensex pack, Reliance Industries jumped the most by 3.78 per cent. Tata Steel, Bharti Airtel, IndusInd Bank, Kotak Mahindra Bank, UltraTech Cement, ICICI Bank and Tata Motors were the other biggest gainers. Titan, HCL Technologies, Power Grid, Tata Consultancy Services, Wipro, Hindustan Unilever, Axis Bank and Nestle were among the major laggards.

Rajya Sabha passes bill to appoint CEC, ECs as Opposition walks out

Rajya Sabha passes bill to appoint CEC, ECs as Opposition walks out

Rediff.com12 Dec 2023

Rajya Sabha on Tuesday passed a bill to regulate the appointment and service terms of Chief Election Commissioner and election commissioners incorporating key amendments like retaining their status at par with Supreme Court judges, upgrading the search committee and inserting a new clause to protect them from court cases while discharging their official duties.

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.

Harmanpreet nominated for FIH player of year award

Harmanpreet nominated for FIH player of year award

Rediff.com6 Sep 2022

India's star drag-flicker Harmanpreet Singh was on Tuesday named among the five nominees for the men's Player of the Year honour.

IPL 2021: Why Harshal Patel Is MVP

IPL 2021: Why Harshal Patel Is MVP

Rediff.com18 Oct 2021

Purnendu Maji and Srinivas Bhogle list IPL 2021's 50 Most Valuable Players.