News for 'Indus'

Mcap of BSE-listed companies soar to all-time high of Rs 406.52 lakh cr

Mcap of BSE-listed companies soar to all-time high of Rs 406.52 lakh cr

Rediff.com29 Apr 2024

The market capitalisation of BSE-listed companies soared to an all-time high of Rs 406.52 lakh crore on Monday thanks to a rally in equities where the BSE Sensex climbed over 1 per cent. The 30-share BSE Sensex rallied 941.12 points or 1.28 per cent to finish at 74,671.28. During the day, it zoomed 990.99 points or 1.34 per cent to 74,721.15.

Indus Water Treaty review: PM shown a presentation

Indus Water Treaty review: PM shown a presentation

Rediff.com26 Sep 2016

According to sources, Union water resources ministry officials gave a presentation to the prime minister on the treaty and the projects involved.

IndusInd Bank launches no-frills account

IndusInd Bank launches no-frills account

Rediff.com9 Jan 2006

IndusInd Bank on Monday announced the launch of Indus Easy Savings Account, a no-frills account with an allowed balance of Re 1.

Sensex jumps 496 points; ICICI, Airtel major movers

Sensex jumps 496 points; ICICI, Airtel major movers

Rediff.com19 Jan 2024

Among the Sensex firms, Bharti Airtel, NTPC, Tech Mahindra, Mahindra & Mahindra, Tata Steel, UltraTech Cement, Titan, Axis Bank, JSW Steel and Larsen & Toubro were the major gainers. IndusInd Bank, Kotak Mahindra Bank, HDFC Bank and State Bank of India were the laggards.

Respite for Cafe Coffee Day; NCLAT sets aside insolvency proceedings

Respite for Cafe Coffee Day; NCLAT sets aside insolvency proceedings

Rediff.com13 Sep 2023

Coffee Day Global Ltd (CDGL) and its financial creditor IndusInd Bank have reached a settlement, following which NCLAT has set aside an insolvency order against the company which owns and operates coffee chain Cafe Coffee Day. Counsel representing CDGL and IndusInd bank on Wednesday informed the Chennai bench of National Company Law Appellate Tribunal (NCLAT) about the settlement and sought permission to withdraw insolvency litigations. A two-member bench comprising Justice M Venugopal and Shreesha Merla took their submissions on record and set aside the order admitting CDGL to insolvency.

Sensex up 335 points on buying in IT stocks, positive macro data

Sensex up 335 points on buying in IT stocks, positive macro data

Rediff.com14 Mar 2024

From the Sensex pack, HCL Technologies, Infosys, Wipro, Bharti Airtel, Larsen & Toubro, Mahindra & Mahindra, Tata Consultancy Services and Asian Paints were the major gainers. Axis Bank, IndusInd Bank, Bajaj Finance, JSW Steel, State Bank of India and Tata Steel were among the major laggards.

Sensex ends 454 pts up on buying in IT stocks

Sensex ends 454 pts up on buying in IT stocks

Rediff.com6 Feb 2024

Among the Sensex firms, HCL Technologies, Tata Consultancy Services, Maruti, Wipro, Larsen & Toubro, Infosys, Tata Steel, Bharti Airtel, State Bank of India, Tech Mahindra, UltraTech Cement and Mahindra & Mahindra were the major gainers.

Sensex jumps 491 points to close at 71,848

Sensex jumps 491 points to close at 71,848

Rediff.com4 Jan 2024

Among the Sensex firms, Bajaj Finance jumped 4.44 per cent and NTPC rose over 3 per cent. IndusInd Bank, Axis Bank, Tata Motors, Nestle, Power Grid, Infosys, Bajaj Finserv and HDFC Bank were the other major winners. HCL Tech, Mahindra & Mahindra, Maruti and Hindustan Unilever were among the laggards.

HDFC Bank gets RBI nod to buy stake in ICICI Bank, 5 others

HDFC Bank gets RBI nod to buy stake in ICICI Bank, 5 others

Rediff.com6 Feb 2024

HDFC Bank on Tuesday said RBI has given approval to the group to acquire up to 9.5 per cent stake each in six lenders, including ICICI Bank and Axis Bank.

India rejects ruling by Hague-based tribunal in dispute with Pakistan

India rejects ruling by Hague-based tribunal in dispute with Pakistan

Rediff.com6 Jul 2023

India on Thursday said it cannot be compelled to participate in "illegal" proceedings at the Permanent Court of Arbitration over the Kishenganga and Ratle hydropower projects in Kashmir after The Hague-based tribunal ruled that it has the "competence" to consider the dispute between New Delhi and Islamabad on the matter.

Investors become poorer by Rs 6 lakh cr as markets crash

Investors become poorer by Rs 6 lakh cr as markets crash

Rediff.com28 Feb 2024

Investors' wealth eroded by Rs 6 lakh crore in a single day on Wednesday as the BSE benchmark Sensex tumbled over 790 points. The 30-share BSE Sensex fell by 790.34 points or 1.08 per cent to settle at 72,304.88. During the day, it slumped 872.93 points or 1.19 per cent to 72,222.29.

Will not accept any changes to Indus Water Treaty, says Pakistan

Will not accept any changes to Indus Water Treaty, says Pakistan

Rediff.com17 Dec 2016

"Pakistan will not accept any modifications or changes to the provisions of the Indus Waters Treaty. Our position is based on the principles enshrined in the treaty. And the treaty must be honoured in... letter and spirit," Special Assistant to Prime Minister Tariq Fatemi told Dawn News.

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.

Not terrorism, climate change calls for review of Indus water treaty

Not terrorism, climate change calls for review of Indus water treaty

Rediff.com7 Oct 2016

Experts say the treaty needs a review to address the ongoing and the likely impact of climate change on river-flow

World Bank 'commits' to fulfil obligations under Indus Waters Treaty

World Bank 'commits' to fulfil obligations under Indus Waters Treaty

Rediff.com28 Sep 2016

The Pakistani delegation, in its meetings with World Bank officials, insisted on early appointment of the judges and setting up the court.

Google versus Epic Games verdict in US cheers Indian gaming developers

Google versus Epic Games verdict in US cheers Indian gaming developers

Rediff.com13 Dec 2023

The verdict in the Google versus Epic Games antitrust case in the US has spread cheer among the Indian gaming and app developers. Ending a three-year legal battle, the San Francisco jury found that Google turned its Play app store and billing service into an illegal monopoly. American video game maker Epic Games, best known for Fortnite, had sued Google in 2020.

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.

Indus Water Treaty: World Bank asks India, Pak to agree to mediation

Indus Water Treaty: World Bank asks India, Pak to agree to mediation

Rediff.com11 Nov 2016

The World Bank's move came as it told the two countries that it was responding to their separate proceedings initiated under the Indus Waters Treaty 1960.

Sensex pares intra-day gains; settles 63 points higher

Sensex pares intra-day gains; settles 63 points higher

Rediff.com11 Jan 2024

Benchmark equity indices ended marginally higher on Thursday, trimming most of their intra-day gains, as investors turned cautious ahead of the quarterly results of IT behemoths TCS and Infosys later in the day. Announcement of the US inflation data and domestic macroeconomic numbers also forced investors to remain on the sidelines. The 30-share BSE Sensex climbed 63.47 points or 0.09 per cent to settle at 71,721.18.

Sensex ends down 314 points; HDFC Bank major drag

Sensex ends down 314 points; HDFC Bank major drag

Rediff.com18 Jan 2024

Benchmark indices Sensex and Nifty fell for the third day running on Thursday, dragged by continuous selling in HDFC Bank and profit-taking in consumer durables and utility shares. The 30-share BSE Sensex fell by 313.90 points or 0.44 per cent to settle at 71,186.86. During the day, it tanked 835.26 points or 1.16 per cent to 70,665.50.

Sensex surges 690 points to reclaim 71K

Sensex surges 690 points to reclaim 71K

Rediff.com24 Jan 2024

Among the Sensex firms, major winners included Tata Steel, rising 3.77 per cent, followed by HCL Tech, which gained 3.62 per cent. IndusInd Bank and PowerGrid closed with a gain of 3,60 and 3.34 per cent, respectively. Other gainers were Tech Mahindra, Hindustan Unilever, Bajaj Finserve and Bharti Airtel, among others. On the other hand, ICICI Bank, Axis Bank, Asian Paints, Bajaj Finance and TCS were the only laggards, sliding up to 2.94 per cent.

Sensex sinks 1,053 pts to slip below 71K; HDFC Bank, RIL weigh

Sensex sinks 1,053 pts to slip below 71K; HDFC Bank, RIL weigh

Rediff.com23 Jan 2024

Among the Sensex firms, IndusInd Bank was the biggest loser and fell 6.13 per cent, followed by SBI (3.99 pc), Hindustan Unilever (3.82 pc), Axis Bank (3.41 pc) and HDFC Bank (3.23 pc). In contrast, Sun Pharma, Bharti Airtel, ICICI Bank and PowerGrid defied the trend and closed with gains of up to 3.67 per cent. TCS and Bajaj Finserve were the other gainers.

Indus treaty processes 'paused', WB asks India, Pak to resolve differences

Indus treaty processes 'paused', WB asks India, Pak to resolve differences

Rediff.com13 Dec 2016

Pausing the process for now, the bank would hold off from appointing the Chairman for the Court of Arbitration or the neutral expert -- appointments that had been expected on December 12 as earlier communicated by the bank.

IndUS to export 40 aircraft

IndUS to export 40 aircraft

Rediff.com31 May 2005

American company IndUS Aviation has launched its aviation complex, promoted as India's first ever aircraft showroom, in Bangalore and plans to manufacture light aircraft in India at "highly competitive costs" for export to the US and other countries

Sensex drops 168 points on profit-taking

Sensex drops 168 points on profit-taking

Rediff.com18 Dec 2023

Among the Sensex firms, Power Grid, ITC, JSW Steel, ICICI Bank, Tech Mahindra, Infosys, IndusInd Bank and Mahindra & Mahindra were the major laggards. Sun Pharma, Reliance Industries, HCL Tech, Hindustan Unilever, Bajaj Finance and Maruti were among the gainers.

Auto, BFSI dominated Q4 earnings circuit

Auto, BFSI dominated Q4 earnings circuit

Rediff.com25 Jun 2024

Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.

Income tax dept conducts survey at Hinduja group firm

Income tax dept conducts survey at Hinduja group firm

Rediff.com29 Nov 2023

The income tax department on Wednesday conducted a survey operation at Hinduja Global Solutions, an entity of the Hinduja Group, in Mumbai and some other cities, official sources said.

MSCI Index inclusion likely to spur big churn for domestic stocks

MSCI Index inclusion likely to spur big churn for domestic stocks

Rediff.com22 Nov 2023

IndusInd Bank, Suzlon, and Paytm will remain under focus, as the stocks are pegged to get added to the MSCI global standard index. These stocks, along with six others, are seen attracting cumulative inflows of nearly $2 billion from passive funds tracking MSCI indices. Persistent Systems, APL Apollo, Polycab, Macrotech Developers, Tata Motors DVR, and Tata Communication are the other six stocks that will be added to the MSCI index, shows an analysis done by Nuvama Alternative & Quantitative Research.

Indus Air to take off from December 14

Indus Air to take off from December 14

Rediff.com8 Dec 2006

India will have its tenth domestic passenger airline operating feeder routes from December 14.

Sensex sinks 353 points on profit booking

Sensex sinks 353 points on profit booking

Rediff.com26 Feb 2024

Selling in index heavyweights, including Infosys, TCS, ICICI Bank and Reliance Industries, dragged the benchmark indices into the negative for the second straight session, analysts said. Among the Sensex shares, Asian Paints fell the most by 3.9 per cent as analysts expressed concerns over rising competition in the domestic paints market following the entry of Aditya Birla group company Grasim Industries into the paints segment. IT shares Infosys, TCS, HCL Tech, Wipro and Tech Mahindra continued to slide amid inflation concerns in the US market.

7 newborns die in hospital blaze in Delhi; owner arrested

7 newborns die in hospital blaze in Delhi; owner arrested

Rediff.com26 May 2024

The officials of the Delhi Fire Services said the blaze broke out at the children's hospital in Shahdara on Saturday night.

Sensex, Nifty fall amid caution ahead of inflation data

Sensex, Nifty fall amid caution ahead of inflation data

Rediff.com13 Nov 2023

Among the Sensex firms, Bajaj Finance, Infosys, Tech Mahindra, ICICI Bank, Nestle, Tata Consultancy Services, HDFC Bank and Reliance Industries were the major laggards. Mahindra & Mahindra, JSW Steel, NTPC, Power Grid and IndusInd Bank were among the gainers.

Late buying helps Sensex jump 270 pts; RIL, ICICI Bank shine

Late buying helps Sensex jump 270 pts; RIL, ICICI Bank shine

Rediff.com10 Jan 2024

Reliance Industries was the biggest gainer in the Sensex pack, rising 2.69 per cent, followed by HCL Tech, ICICI Bank, Tata Motors, Wipro, IndusInd Bank, JSW Steel, Wipro, Tata Consultancy Services and Titan. In contrast, NTPC, Power Grid, UltraTech Cement, Axis Bank, Infosys and Nestle were the major laggards.

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.

Indus Treaty: 'Modisaab is playing a dangerous game'

Indus Treaty: 'Modisaab is playing a dangerous game'

Rediff.com27 Sep 2016

'What Modisaab will accomplish by tampering with the treaty is providing ammunition to ultra-nationalist right wing elements within Pakistan who see India as an existential threat.'

Indus Nanotech Association formed in US

Indus Nanotech Association formed in US

Rediff.com10 Nov 2011

The first meeting of the group was recently hosted by Anil Diwan, president and chairman of Nanovirisides, in New York City.

Markets end down; Sensex dips 16 points

Markets end down; Sensex dips 16 points

Rediff.com7 Nov 2023

Among the Sensex firms, Bajaj Finance, JSW Steel, Reliance Industries, Mahindra & Mahindra, ITC, Tata Consultancy Services, Wipro, HDFC Bank, Larsen & Toubro and Bharti Airtel were the major laggards. Sun Pharma, NTPC, State Bank of India, IndusInd Bank and Axis Bank were the major gainers.

Sensex gets a boost from IT stocks; climbs 242 points

Sensex gets a boost from IT stocks; climbs 242 points

Rediff.com22 Dec 2023

Among the Sensex firms, Wipro jumped over 6 per cent, the most among the frontline companies. HCL Technologies, Tata Motors, Maruti, Tata Steel, Infosys, Tech Mahindra, Larsen & Toubro and JSW Steel were the other major winners. State Bank of India, Bajaj Finance, ICICI Bank, HDFC Bank, Axis Bank and IndusInd Bank were among the laggards.

Sensex tanks 736 pts, Nifty slides below 22K

Sensex tanks 736 pts, Nifty slides below 22K

Rediff.com19 Mar 2024

From the Sensex basket, Tata Consultancy Services, Nestle, Bajaj Finserv, Wipro, Maruti Suzuki India, Reliance Industries, Larsen & Toubro and NTPC were the major laggards. Tata Steel, Bajaj Finance, JSW Steel and Bharti Airtel were among the gainers.