News for 'Indus'

Fag-end buying helps Sensex climb 100 points

Fag-end buying helps Sensex climb 100 points

Rediff.com6 Sep 2023

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

A record-setting year; markets surged by up to 20%

A record-setting year; markets surged by up to 20%

Rediff.com29 Dec 2023

Among the Sensex firms, State Bank of India, Infosys, Titan, Tech Mahindra, IndusInd Bank, NTPC, ICICI Bank, Power Grid, Reliance Industries and Kotak Mahindra Bank were the major laggards. On the other hand, Tata Motors, Nestle, Hindustan Unilever, Tata Steel, Bajaj Finance and UltraTech Cement were among the gainers.

Sensex, Nifty rebound; power, utility shares advance

Sensex, Nifty rebound; power, utility shares advance

Rediff.com10 Nov 2023

Among the Sensex firms, NTPC, Tech Mahindra, UltraTech Cement, Bajaj Finance, ITC, Bajaj Finserv, Axis Bank and Power Grid were the major gainers. On the other hand, Mahindra & Mahindra, HCL Technologies, Titan and IndusInd Bank were among the laggards.

'China moving with design to control Indus in Leh'

'China moving with design to control Indus in Leh'

Rediff.com17 Jan 2010

Army officials in Leh were a part of a meeting convened by the Jammu and Kashmir government that agreed that China was encroaching into the land with "specific design" to grab a particular area to extend its control till Indus river.

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.

Pak warns of action if India breaches Indus Water Treaty

Pak warns of action if India breaches Indus Water Treaty

Rediff.com20 Oct 2016

Pak warned of "appropriate action" if India violates the Indus Water Treaty and said it is closely monitoring the situation, amid reports that New Delhi may revisit the key water sharing accord.

Ganges, Indus may not survive: climatologists

Ganges, Indus may not survive: climatologists

Rediff.com24 Jul 2007

Fast meltdown of Himalayan glaciers threatening survival of Ganges, Indus.

Blood and water cannot flow together: PM Modi on Indus Water Treaty

Blood and water cannot flow together: PM Modi on Indus Water Treaty

Rediff.com26 Sep 2016

India to exploit to the maximum the capacity of Pak-controlled rivers -- Indus, Chenab, Jhelum as per the Indus Treat, source said.

Sensex, Nifty decline on selloff in banking, financial stocks

Sensex, Nifty decline on selloff in banking, financial stocks

Rediff.com17 Nov 2023

Bajaj Finance, ICICI Bank, Bajaj Finserv, IndusInd Bank, Infosys, Kotak Mahindra Bank, Wipro, and Reliance Industries were among the other laggards. On the other hand, Larsen & Toubro, Hindustan Unilever, Power Grid, Asian Paints, Nestle and Mahindra & Mahindra were the major gainers.

Sensex ends down 116 points amid weak global trends

Sensex ends down 116 points amid weak global trends

Rediff.com16 Oct 2023

From the Sensex pack, Nestle, Tata Consultancy Services, IndusInd Bank, Asian Paints, Bharti Airtel, Tech Mahindra, UltraTech Cement, Kotak Mahindra Bank and Hindustan Unilever were among the major laggards. Tata Steel, JSW Steel, HCL Technologies, Axis Bank, Power Grid and Mahindra & Mahindra were among the gainers.

Will support Centre's decision on Indus Water Treaty, says J-K deputy CM

Will support Centre's decision on Indus Water Treaty, says J-K deputy CM

Rediff.com24 Sep 2016

"The treaty has caused huge loss to Jammu and Kashmir" as the people of the state cannot fully utilise the waters of various rivers, particularly Chenab in Jammu, for agricultural and other activities, Singh said.

Indus Biotech gets a Nobel push

Indus Biotech gets a Nobel push

Rediff.com13 Jul 2006

IndusInd to stay away from high-risk loans

IndusInd to stay away from high-risk loans

Rediff.com26 Mar 2009

IndusInd Bank MD & CEO Romesh Sobti said that, during the fourth quarter, the private sector lender was expecting a 20 per cent growth in its loan book. "There are still a lot of good companies, and you don't write off everyone. There is nothing like zero-risk. It is low-, medium- and high-risk, and you avoid high-risk though they give you high returns," Sobti said after announcing the inauguration of new-look branches aimed at attracting more high networth customers.

Sensex, Nifty rally over 1% to hit lifetime highs

Sensex, Nifty rally over 1% to hit lifetime highs

Rediff.com14 Dec 2023

Among the Sensex firms, Tech Mahindra, HCL Technologies, Wipro, Infosys, Bajaj Finance, Tata Consultancy Services, Bajaj Finserv and ICICI Bank were the major gainers. Power Grid, Nestle, Asian Paints and Hindustan Unilever were among the laggards.

ACC, HDFC AMC, 3 others to be excluded from Nifty Next 50

ACC, HDFC AMC, 3 others to be excluded from Nifty Next 50

Rediff.com17 Aug 2023

Five firms, including ACC Ltd, HDFC Asset Management Company and FSN E-Commerce Ventures that runs Nykaa, will be dropped from Nifty Next 50 index from September 29. NSE Indices Ltd, an arm of the National Stock Exchange, on Thursday said that Indus Towers and Page Industries will also be dropped from the index. Punjab National Bank, Trent, Sriram Finance, TVS Motor Company, and Zydus Lifesciences will be included in the Nifty Next 50 index, NSE Indices said in a statement.

NCLAT stays insolvency proceedings against Zee

NCLAT stays insolvency proceedings against Zee

Rediff.com24 Feb 2023

In a major relief to media major Zee Entertainment Enterprises Ltd (ZEEL), the National Company Law Appellate Tribunal (NCLAT) on Friday stayed the insolvency proceedings initiated against it earlier this week. Admitting a petition filed by ZEEL Managing Director and chief executive Punit Goenka, the appellate tribunal issued notices to private sector lender IndusInd bank and the interim resolution professional directing them to file a reply in two weeks. NCLAT said the submissions made by both sides need a detailed hearing.

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.

Sensex scales Mt-70K in morning trade, ends at 69,928

Sensex scales Mt-70K in morning trade, ends at 69,928

Rediff.com11 Dec 2023

Gains in IndusInd Bank, HCL Tech, TCS, Tech Mahindra, NTPC, ITC, JSW Steel and Tata Steel helped the barometer scale a fresh high. Axis Bank fell the most by 1.26 per cent, M&M by 0.99 per cent and Hindustan Unilever by 0.67 per cent. Maruti, Bajaj Finserv, Bharti Airtel and HDFC Bank and Infosys also declined.

India Army conducts war exercises in eastern Ladakh

India Army conducts war exercises in eastern Ladakh

Rediff.com8 Jul 2023

The Indian Army is one of the very few armies in the world that operates tanks at high altitudes up to 16,000 feet, and in large numbers.

Markets rise for 3rd session; Sensex gains 170 points

Markets rise for 3rd session; Sensex gains 170 points

Rediff.com26 Apr 2023

Among the Sensex firms, PowerGrid, IndusInd Bank, Larsen & Toubro, Nestle, HCL Tech, Axis Bank, Tata Motors, HDFC Bank, Tata Consultancy Services and HDFC were the major winners. Bajaj Finserv, NTPC, Reliance Industries and Kotak Mahindra Bank were the biggest laggards.

Markets fall for 2nd straight session on weak global trends

Markets fall for 2nd straight session on weak global trends

Rediff.com19 Oct 2023

Disappointing quarterly earnings numbers and revenue forecast from IT services company Wipro also weighed on investor sentiments. The 30-share BSE Sensex fell 247.78 points or 0.38 per cent to settle at 65,629.24 points. During the day, it plunged 533.52 points or 0.80 per cent to 65,343.50 points.

New Bill May Throttle OTT

New Bill May Throttle OTT

Rediff.com7 Dec 2023

'Subjecting each such creative content to scrutiny will impose burdens on the OTT platforms and impact user experience.'

Sensex ends 107 points lower in choppy trade

Sensex ends 107 points lower in choppy trade

Rediff.com1 Feb 2024

Among the Sensex firms, Larsen & Toubro, UltraTech Cement, JSW Steel, Titan, Bajaj Finance, Wipro, Tech Mahindra and Nestle were the major laggards. Maruti, Power Grid, Axis Bank, State Bank of India, NTPC, HDFC Bank, ITC and IndusInd Bank were the gainers.

IndusInd Bank gets RBI nod for opening 19 branches

IndusInd Bank gets RBI nod for opening 19 branches

Rediff.com26 Dec 2006

IndusInd Bank said on Tuesday it has received the Reserve Bank of India approval for opening 19 branches to expand operations, especially in the north-east region.

Global banker returns to head IndusInd arm

Global banker returns to head IndusInd arm

Rediff.com2 Feb 2012

Before joining IndusInd Bank, he was the regional head of RBS' corporate solutions business in Asia Pacific region and was based in Singapore.

HDFC Bank's ADR premium shrinks to nearly zero as FPIs turn bearish

HDFC Bank's ADR premium shrinks to nearly zero as FPIs turn bearish

Rediff.com19 Jan 2024

After the latest rout, the American depositary receipt (ADR) premium of HDFC Bank to its local shares has shrunk to nearly zero. Shares of HDFC Bank on Thursday fell 3.1 per cent to Rs 1,490, extending its two-day decline to 11 per cent. Meanwhile, the ADR has slumped over 15 per cent in the past two trading sessions.

Why You Must Visit This Mumbai Landmark

Why You Must Visit This Mumbai Landmark

Rediff.com4 Mar 2024

Mumbai's Church of St John the Evangelist or Afghan Church looks today as good as it did 158 years ago.

J&K has suffered due to Indus Water Treaty: Mehbooba

J&K has suffered due to Indus Water Treaty: Mehbooba

Rediff.com28 Sep 2016

Because of the treaty, no big dams or power projects can be built by India on Jhelum, Indus or Chenab.

Nifty hits life-time high, Sensex jumps 493 points

Nifty hits life-time high, Sensex jumps 493 points

Rediff.com1 Dec 2023

Among the Sensex firms, ITC, NTPC, Axis Bank, Larsen & Toubro, Bajaj Finance, Asian Paints and Tata Steel were the major gainers. Mahindra & Mahindra, Wipro, Maruti, IndusInd Bank, Kotak Mahindra Bank and HDFC Bank were among the laggards.

Banks' valuation discount to Sensex hits 10-year high

Banks' valuation discount to Sensex hits 10-year high

Rediff.com8 Feb 2024

Banks, the biggest component of the Indian equity market, are now trading at a big discount to the benchmark indicesThe BSE Bankex index, which tracks the share price of the 10 top listed banks, is trading at a trailing price to earnings (P/E) multiple of 15.3X, nearly a 40 per cent discount to the BSE Sensex current P/E of 24.37X. This is the biggest valuation gap between the two indices in at least 10 years. Similarly, the BSE Bankex price to book ratio (P/B) of 2.22X is 40 per cent lower than the current Sensex P/B ratio of 3.61X.

IndusInd Bank to insure all NRI account holders

IndusInd Bank to insure all NRI account holders

Rediff.com16 Sep 2005

IndusInd Bank signed a memorandum of understanding with LIC on Friday to offer group insurance of Rs 3 lakh to all its NRI account holders.

Stock markets rally after RBI keeps repo rate unchanged

Stock markets rally after RBI keeps repo rate unchanged

Rediff.com6 Oct 2023

Titan surged 2.98 per cent, followed by IndusInd Bank, ITC, JSW Steel, Infosys, Tech Mahindra, Tata Consultancy Services and Maruti. Hindustan Unilever, Asian Paints, Bharti Airtel and HDFC Bank were among the laggards.

IndusInd Bank may get new identity

IndusInd Bank may get new identity

Rediff.com12 Feb 2009

In a few months, private sector lender IndusInd Bank may have a new identity. The move was in line with the repositioning exercise initiated by the new management team led by Managing Director and Chief Executive Officer Romesh Sobti.

Buying in index majors help Sensex gain 330 points

Buying in index majors help Sensex gain 330 points

Rediff.com30 Oct 2023

Among the Sensex firms, UltraTech Cement, Reliance Industries, ICICI Bank, HDFC Bank, Bharti Airtel, IndusInd Bank, State Bank of India, Tata Consultancy Services, Larsen & Toubro, Kotak Mahindra Bank and State Bank of India were the major gainers. In contrast, Tata Motors, Maruti, Axis Bank, Mahindra & Mahindra, ITC, NTPC, Tata Steel and Bajaj Finserv were the major laggards.

India violating Indus Water treaty, says US report

India violating Indus Water treaty, says US report

Rediff.com25 Feb 2011

Foreign Office spokesperson Tehmina Janjua said in a statement that the US report "Avoiding water wars in South and Central Asia," released on February 22, acknowledges that dams India is building in Jammu and Kashmir "will limit supply of water to Pakistan at crucial moments."

IndusInd Bank hikes deposit rates

IndusInd Bank hikes deposit rates

Rediff.com19 Nov 2004

In a second round of hike in interest rates, IndusInd Bank on Friday raised the rates by 0.10-0.25 per cent on domestic term deposits in select maturites.

Markets end in red for 4th day; Sensex sheds 221 points

Markets end in red for 4th day; Sensex sheds 221 points

Rediff.com22 Sep 2023

Wipro was the biggest loser among Sensex firms, sliding 2.32 per cent, followed by HDFC Bank, Power Grid, UltraTech Cement, ITC, ICICI Bank and Tata Motors. IndusInd Bank, Maruti, State Bank of India, Mahindra & Mahindra, Asian Paints and Bajaj Finserv were among the gainers.

Ola Electric files for IPO, a first by Indian EV firm

Ola Electric files for IPO, a first by Indian EV firm

Rediff.com26 Dec 2023

The Indian entrepreneurship success story will soon see one more company debuting on the public markets. Ola Electric, the electric vehicle (EV) company, has become the first such firm that has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for its initial public offering (IPO). This is a fresh issue of equity shares of up to Rs 5,500 crore and an offer for sale (OFS) of more than 95 million equity shares at a face value of Rs 10.