News for 'International Stock Exchange'

Indian firms make highest contribution to Luxembourg Exchange

Indian firms make highest contribution to Luxembourg Exchange

Rediff.com21 Nov 2011

Majority of the Indian companies which have listed their GDRs are in construction, software and biotechnology sectors, it said.

Trump Order May Delay Adani Case

Trump Order May Delay Adani Case

Rediff.com12 Feb 2025

'While the current pause offers temporary reprieve and alleviates any immediate legal pressure, the long-term implications remain uncertain.'

China-Russia Bhai Bhai: What India Can Expect

China-Russia Bhai Bhai: What India Can Expect

Rediff.com30 May 2025

China appears determined to upgrade Pakistan's military capabilities, sufficient to ensure local parity with India, alerts former foreign secretary Ambassador Shyam Saran.

MEA Pushes For Quick Resolution To China's Rare Earth Curbs

MEA Pushes For Quick Resolution To China's Rare Earth Curbs

Rediff.com13 Jun 2025

'We remain in touch with the Chinese side, in Beijing as well as in Delhi, to bring predictability in the supply chain.'

Former King Wants To Revive Nepal Monarchy, But..

Former King Wants To Revive Nepal Monarchy, But..

Rediff.com25 Mar 2025

One fact is irrefutable: Nepal's recent political history tells us that the route to a return of monarchy cannot go through India despite friends in high places, asserts Aditi Phadnis.

For Now DIIs In Driver's Seat...

For Now DIIs In Driver's Seat...

Rediff.com16 May 2025

The interplay between domestic and foreign capital will shape India's equity markets.

Markets halt 7-day rally; RIL, finance stocks weigh

Markets halt 7-day rally; RIL, finance stocks weigh

Rediff.com25 Oct 2022

Equity benchmarks ended lower on Tuesday, putting a break to their seven-day rally, amid weak Asian market cues and mixed trends from European stocks. The 30-share BSE benchmark failed to hold on the early gains and declined 287.70 points or 0.48 per cent to finish at 59,543.96. During the day, it hit a low of 59,489.02 and a high of 60,081.24.

How Adani Countered Hindenburg And Made The Boldest Comeback

How Adani Countered Hindenburg And Made The Boldest Comeback

Rediff.com22 Apr 2025

Hindenburg Research, the forensic financial firm that challenged the Adani Group, took its name from the infamous airship that burst into flames upon arriving in New Jersey in 1937. And the counter to its damning report against the conglomerate was dubbed 'Operation Zeppelin,' named after the German dirigible airships used for reconnaissance and bombing during the First World War.

Agenda of special Parliament session is to separate Mumbai: Maha Congress chief

Agenda of special Parliament session is to separate Mumbai: Maha Congress chief

Rediff.com11 Sep 2023

Maharashtra Congress chief Nana Patole on Monday alleged that the agenda of the upcoming special session of Parliament is to separate Mumbai from the state and declare it as a Union territory.

Sensex edges higher on gains in auto, energy stocks

Sensex edges higher on gains in auto, energy stocks

Rediff.com17 Jan 2022

Ultratech Cement was the top gainer in the Sensex pack, surging nearly 3 per cent, followed by M&M, Maruti, Tata Steel, TCS, L&T, SBI and HUL. NSE Nifty advanced 52.35 points to 18,308.10.

US Accuses Adani Of Bribing Officials

US Accuses Adani Of Bribing Officials

Rediff.com21 Nov 2024

Gautam Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion profit over 20 years.

Despite US indictment, Adani still has a few supporters

Despite US indictment, Adani still has a few supporters

Rediff.com28 Nov 2024

Abu Dhabi's International Holding Company (IHC), one of the largest sovereign funds that manages assets close to $100 billion, has reaffirmed its support to the Adani Group, saying its outlook on investments in the group remains unchanged despite the US indictment of the conglomerate's founder chairman Gautam Adani. "Our partnership with the Adani Group reflects our confidence in their contributions to the green energy and sustainability sectors," IHC, one of Adani group's key foreign investors, said in a statement.

Adani denies entering into pact to operate Kenya airport

Adani denies entering into pact to operate Kenya airport

Rediff.com23 Nov 2024

Billionaire Gautam Adani's group on Saturday clarified on reports of Kenya cancelling more than $2.5 billion in deals after US indictment on bribery charges, saying it had not entered into any binding agreement to operate Kenya's main airport. On the pact it had signed last month to build and operate key electricity transmission lines in Kenya for 30 years, the group said the project did not fall within the ambit of Sebi's disclosure regulations, thereby not warranting any disclosure on its cancellation.

Muthoot, Manappuram Finance may shine amid rising gold prices: Analysts

Muthoot, Manappuram Finance may shine amid rising gold prices: Analysts

Rediff.com6 Mar 2025

A lower risk appetite among investors has driven gold, traditionally a safe-haven asset, to record highs so far this year. Fuelled by geopolitical tensions in West Asia, robust demand from central banks - particularly in Asia - and US President Donald Trump's tariff volleys, spot gold touched an all-time high of $2,956 per ounce on February 24 in the international markets.

Why govt is demanding $2.81 bn from RIL, BP

Why govt is demanding $2.81 bn from RIL, BP

Rediff.com4 Mar 2025

The government has slapped a $2.81 billion (about Rs 24,500 crore) demand notice on Reliance Industries and its partners, including BP Plc for gains made from producing and selling natural gas that may have migrated from neighbouring block of state-owned ONGC. This follows the Delhi high court's decision on February 14, overturning an international arbitration tribunal ruling that held the duo not responsible for paying any compensation for the gas they produced and sold which had allegedly migrated from adjoining fields.

IIHL completes acquisition of Reliance Capital

IIHL completes acquisition of Reliance Capital

Rediff.com18 Mar 2025

IndusInd International Holdings chairman Ashok Hinduja on Tuesday announced the acquisition of Reliance Capital, completing the three-year-long resolution process of the debt-ridden company. IndusInd International Holdings Ltd (IIHL) has transferred the bid amount to the escrow account of the lender, and the takeover of the management from the Administrator will happen on Wednesday.

IT, financial stocks drag Sensex down by 773 points

IT, financial stocks drag Sensex down by 773 points

Rediff.com11 Feb 2022

Tech Mahindra was the top loser in the Sensex pack, shedding around 3 per cent, followed by Infosys, HCL Tech, SBI, Kotak Bank and HDFC. NSE Nifty plunged 231.10 points to 17,374.75.

Auto, metal, banking stocks lift Sensex by 67 points

Auto, metal, banking stocks lift Sensex by 67 points

Rediff.com9 Feb 2022

Maruti was the top gainer in the Sensex pack, rising over 4 per cent, followed by IndusInd Bank, HDFC Bank, Bajaj Finserv, Titan, Wipro, and Bharti Airtel. NSE Nifty jumped 197.05 points to end at 17,463.80.

IndiGo cleared for takeoff on strong demand winds

IndiGo cleared for takeoff on strong demand winds

Rediff.com4 Feb 2025

Propelled by strong demand and lower costs, the country's largest airline, InterGlobe Aviation (IndiGo), reported solid operational performance in the 2024-25 (FY25) October-December quarter (Q3). While demand was driven by the festival season, year-end increase, and higher consumer spending, lower fuel and rental costs helped deliver a beat at the operating profit level.

How Dr Singh Changed Stockmarkets

How Dr Singh Changed Stockmarkets

Rediff.com28 Dec 2024

'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'

Gold Hits Rs 90K, Jewellery Demand Takes A Hit

Gold Hits Rs 90K, Jewellery Demand Takes A Hit

Rediff.com17 Mar 2025

The trigger for international gold prices rising to $3,000 per ounce was Germany's upcoming heavy government borrowing.

Heard About Tax-Loss Harvesting In Stocks?

Heard About Tax-Loss Harvesting In Stocks?

Rediff.com6 Feb 2024

Investors can sell a part of the stocks, mutual funds, exchange-traded funds, and other securities held in their portfolios at a loss and use this loss to offset tax on the capital gains made on the sale of other securities.

Adani to exit consumer goods venture Adani Wilmar in $2 bn deal

Adani to exit consumer goods venture Adani Wilmar in $2 bn deal

Rediff.com31 Dec 2024

Billionaire Gautam Adani's group on Monday announced its exit from FMCG joint venture Adani Wilmar by selling its entire stake to the Singaporean partner and in the open market for an estimated over $2 billion in a first major deal since the US bribery indictment. In a statement, Adani Enterprises Ltd -- which held 43.94 per cent stake in Fortune brand cooking oil, wheat flour and other food product maker Adani Wilmar Ltd -- said it will sell 31.06 per cent stake to Wilmar International. About 13 per cent will be sold in the open market to meet minimum public shareholding requirements.

Microsoft blames 3rd party software problem for outage

Microsoft blames 3rd party software problem for outage

Rediff.com19 Jul 2024

Amid a massive global outage that hit operations of airlines, banks and businesses across the globe, Microsoft on Friday said that it is aware of the issue affecting Windows devices due to an update from a third-party software platform.

Ketan Parekh among 3 banned from securities markets

Ketan Parekh among 3 banned from securities markets

Rediff.com3 Jan 2025

The Securities and Exchange Board of India (Sebi) on Thursday debarred Ketan Parekh, the stock market operator involved in the stock market scam of 2000, Singapore-based trader Rohit Salgaocar, and one other individual from the securities market for alleged front-running of trades of a United States (US)-based foreign portfolio investor (FPI). The FPI manages around $2.5 trillion worth of funds globally.

Bharti dials up UK telecom play with $4 bn stake in BT

Bharti dials up UK telecom play with $4 bn stake in BT

Rediff.com13 Aug 2024

Bharti Global, the international investment arm of Bharti Enterprises, has decided to buy 24.5 per cent equity in BT Group - a move that will make the Indian conglomerate the biggest shareholder in the UK's second-largest telecom company both in terms of market value and subscriber count. The shares are being purchased from billionaire Patrick Drahi's Altice UK through a combination of cash and debt .

Gold Prices Surge. What Should You Do?

Gold Prices Surge. What Should You Do?

Rediff.com21 Feb 2025

'If gold's recent surge has increased its allocation beyond 15 per cent in your portfolio, now may be a good time to rebalance.'

BP beats Shell; to operate ONGC's Mumbai High fields

BP beats Shell; to operate ONGC's Mumbai High fields

Rediff.com8 Jan 2025

BP Plc has won a bid to operate ONGC's giant Mumbai High oil and gas field by offering up to 60 per cent increase in output over baseline, the state-owned firm said on Wednesday. State-owned Oil and Natural Gas Corporation (ONGC) had in June last year floated a tender seeking foreign partners to reverse declining output at its flagship Mumbai High fields, offering a share of revenue from incremental production plus a fixed fee but not any equity stake.

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

Rediff.com15 Feb 2024

Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.

Markets surrender early gains as metal stocks crack

Markets surrender early gains as metal stocks crack

Rediff.com23 May 2022

Equity indices frittered away a good start to close with modest losses on Monday, pressured by heavy selling in metal stocks after the government imposed export duties on steel-making raw materials to curb soaring prices. The 30-share BSE Sensex opened strong and gained momentum as the session progressed, but came under severe selling pressure in afternoon trade to close 37.78 points or 0.07 per cent lower at 54,288.61. On similar lines, the broader NSE Nifty slipped 51.45 points or 0.32 per cent to end at 16,214.70.

Hexaware hit by internal forex fraud

Hexaware hit by internal forex fraud

Rediff.com27 Nov 2007

Indian IT services provider Hexaware Technologies' stock on Monday closed at a four-year low on the Bombay Stock Exchange (BSE) after the company announced that it was conducting an "internal investigation" into "certain actively-concealed and potentially-fraudulent foreign exchange transactions conducted by a Hexaware official."

Sebi brings in stricter disclosure norms for IPO-bound companies

Sebi brings in stricter disclosure norms for IPO-bound companies

Rediff.com4 Mar 2025

The Securities and Exchange Board of India (Sebi) has introduced stricter Key Performance Indicator (KPI) disclosures for initial public offers (IPOs). These new standards, developed in collaboration with industry associations, aim to enhance transparency and provide investors with a clearer understanding of a company's valuation and business performance.

Selling in auto, metal stocks drag Sensex down 196 pts

Selling in auto, metal stocks drag Sensex down 196 pts

Rediff.com30 Nov 2021

Tata Steel was the top loser in the Sensex pack, shedding around 4 per cent, followed by Kotak Bank, Bajaj Auto, M&M, Bharti Airtel, Reliance Industries, IndusInd Bank and Maruti. NSE Nifty declined 70.75 points to close at 16,983.20.

Investing in IPOs: What First-Time Investors Must Know

Investing in IPOs: What First-Time Investors Must Know

Rediff.com11 Jul 2024

Are you a first-time IPO investor? Even if IPOs appear attractive with expectations of high returns, they come with risks and complexities, cautions Sheetal Jhaveri and shares her checklist to help you navigate through the world of IPOs

Realty, auto, metal stocks drag Sensex down by 550 points

Realty, auto, metal stocks drag Sensex down by 550 points

Rediff.com18 Jan 2022

Equity benchmark Sensex plunged by 554.05 points on Tuesday, tracking deep losses in realty, auto and metal stocks amid widespread selling pressure in global markets. The 30-share index slumped by 554.05 points or 0.90 per cent to end at 60,754.86. The broader NSE Nifty fell by 195.05 points or 1.07 per cent to 18,113.05.

Indian investors can trade in select US stocks via NSE IFSC from March 3

Indian investors can trade in select US stocks via NSE IFSC from March 3

Rediff.com2 Mar 2022

From March 3, investors in India will be able to trade in select US stocks through the NSE International Exchange (NSE IFSC), a wholly owned subsidiary of the National Stock Exchange (NSE). Investors can invest in NSE IFSC receipts on US stocks, which will be in the form of unsponsored depository receipts (DRs). For a start, this will include DRs of 50 US stocks such as Apple, Alphabet, Amazon, Tesla, Microsoft, Morgan Stanley, Nike, P&G, Coca-Cola, and Exxon Mobil. Indian retail investors will be able to transact on the NSE IFSC platform under the Liberalised Remittance Scheme (LRS) limits prescribed by the Reserve Bank of India (RBI), which currently stand at $250,000 per year.

Bhutan: The Last Shangri-La

Bhutan: The Last Shangri-La

Rediff.com12 Jun 2025

The visitor returns not just with the jewel-like beauty of the country imprinted on the mind, the body rejuvenated by hot stone massages, but also with the captivating stories and myths that are built into every important structure -- whether a tourist magnet or an off-the-beaten track spot.

What Are MNC Funds?

What Are MNC Funds?

Rediff.com28 Oct 2024

MNC funds invest in companies where foreign promoters have more than 50 per cent shareholding.

Bank, energy stocks push Sensex into red; ends down 143 points

Bank, energy stocks push Sensex into red; ends down 143 points

Rediff.com4 Feb 2022

Falling the second consecutive session, equity benchmark Sensex dropped over 140 points on Friday, tracking weakness in banking and energy stocks amid a mixed trend overseas. Investors also remained concerned over persistent foreign fund outflows, traders said. The 30-share BSE index ended 143.20 points or 0.24 per cent lower at 58,644.82. Similarly, the NSE Nifty shed 43.90 points or 0.25 per cent to close at 17,516.30.

Wild ride for auto stocks so far in FY24 as they burn rubber

Wild ride for auto stocks so far in FY24 as they burn rubber

Rediff.com17 Jul 2023

Automotive (auto) and auto ancillary stocks have been in the fast lane thus far in 2023-24 (FY24), with the National Stock Exchange Nifty Auto Index surging nearly 27 per cent, outperforming the Nifty50, which has gained roughly 11 per cent during this period. The top-gear performance of auto stocks at the bourses, according to A K Prabhakar, head of research at IDBI Capital, has been triggered by the premiumisation of products across vehicle manufacturers, which has seen vehicle sales remaining relatively stable. "It is not about higher sales figures now, but about premiumisation.