News for 'L Capital Asia'

'It's hard to leave Karthik out'

'It's hard to leave Karthik out'

Rediff.com31 Aug 2022

Australian batting great Ricky Ponting said Rishabh Pant's 'surprise' omission from India's playing XI in their Asia Cup opener against Pakistan shows the quality the team possesses heading into the World T20.

Pragati Maidan: A Walk In Time

Pragati Maidan: A Walk In Time

Rediff.com12 Aug 2023

'A microcosm of India, inclusive and welcoming'. For years, Pragati Maidan was the centre of Delhi's social life.

Sensex surges 600 points to scale 61k-mark

Sensex surges 600 points to scale 61k-mark

Rediff.com14 Feb 2023

ITC topped the Sensex gainers' chart with a jump of 3.31 per cent, followed by Reliance Industries, Bajaj Finance, ICICI Bank, Infosys, Axis Bank and Wipro. On the other hand, NTPC, UltraTech Cement, L&T, Sun Pharma, Asian Paints and Maruti were among the major laggards.

46 killed, 700 injured as 5.4 magnitude earthquake jolts Indonesia

46 killed, 700 injured as 5.4 magnitude earthquake jolts Indonesia

Rediff.com21 Nov 2022

According to CNA citing several reports, stated that around 700 people were injured in the West Java town.

Tata front runner for GE Capital's stake in SBI Cards

Tata front runner for GE Capital's stake in SBI Cards

Rediff.com16 Sep 2015

State Bank of India partnered GE Capital in 1998 for its credit card business.

VC investment in Indian startups plunge 38% in 2022

VC investment in Indian startups plunge 38% in 2022

Rediff.com24 Jan 2023

Venture capital (VC) investments in Indian startups plunged over 38 per cent in 2022 as economic uncertainty and market volatility affected fundraising and investment activities, GlobalData said on Tuesday. In a statement, GlobalData said an analysis of its financial deals database reveals that "a total of 1,726 VC funding deals worth $20.9 billion were announced in India in 2022 compared to 1,715 deals worth $33.8 billion in 2021." "The ongoing economic uncertainty and market volatility continue to affect the fundraising and investment activities in India and subsequently VC investment in the country startups suffered a massive year-on-year 38.2 per cent decline in value terms during 2022," the data and analytics company said.

Losses in index majors drag Sensex, Nifty down

Losses in index majors drag Sensex, Nifty down

Rediff.com20 Jan 2023

From the Sensex pack, Hindustan Unilever, Asian Paints, Bajaj Finance, Nestle, Bajaj Finserv, Reliance Industries, Larsen & Toubro, Maruti, Infosys and Bharti Airtel were the major laggards.

How dengue in India is linked to climate change

How dengue in India is linked to climate change

Rediff.com25 Nov 2023

The transmission of dengue is closely associated with three key factors -- rainfall, humidity and temperature -- that dictate the geographies in which it spreads and the transmission rate of the viral infection caused by the dengue virus (DENV), and transmitted to humans through the bite of infected mosquitoes.

All Eyes On M&M-RBL Bank Saga

All Eyes On M&M-RBL Bank Saga

Rediff.com14 Sep 2023

Why did the company zero in on RBL Bank to understand the business of banking? While the M&M investors heaved a sigh of relief, one gentleman must have been all smiles after this, RBL Bank MD and CEO R Subramaniakumar, notes Tamal Bandyopadhyay.

Sensex, Nifty close lower on selloff in power, metal stocks

Sensex, Nifty close lower on selloff in power, metal stocks

Rediff.com9 Nov 2022

Equity benchmarks Sensex and Nifty gave up early gains to close in the red on Wednesday after a selloff in power, metal and consumer durable stocks amid a weak trend in global equities. However, a rally in the rupee against the US dollar and unabated foreign capital inflows helped the indices restrict the losses, traders said. In a largely range-bound session, the 30-share BSE Sensex ended 151.60 points or 0.25 per cent lower at 61,033.55.

Pannun 'Plot': 'US and India have bent backward...'

Pannun 'Plot': 'US and India have bent backward...'

Rediff.com15 Dec 2023

'...to prevent this episode from disrupting ongoing cooperation.' 'The discovery of this plot had the potential to derail much of what has been achieved in the relationship during this administration's tenure -- I don't think that fact has been sufficiently appreciated in India.'

Sensex ends down 251 points; IT, bank stocks top drags

Sensex ends down 251 points; IT, bank stocks top drags

Rediff.com13 Feb 2023

SBI was the biggest loser in the Sensex pack, tumbling 2.83 per cent, followed by Infosys, TCS, Bajaj Finance, Tech Mahindra, Wipro and Axis Bank. In contrast, Titan, L&T, NTPC, Power Grid, Sun Pharma, ITC and HDFC twins were among the prominent winners, rising as much as 1.97 per cent.

'Dharavi will be a piece of art and I will ensure it'

'Dharavi will be a piece of art and I will ensure it'

Rediff.com10 Jan 2024

'You will really wish oh! Had I stayed in Dharavi I would have got a nice house. I can assure you that. We will make dreams come true.'

Biocon wins BioSingapore Asia Pacific Tech Award

Biocon wins BioSingapore Asia Pacific Tech Award

Rediff.com18 Mar 2009

Every year, BioSingapore receives nominations from biotechnology industry associations, industry peers, academics and institutions across Asia-Pacific for the most outstanding companies or individuals in various categories. The nominees are judged by a panel of distinguished leaders in the field.

'You can't experience India without experiencing its food'

'You can't experience India without experiencing its food'

Rediff.com8 Feb 2024

'My God, we could win half the world over just by our food alone.'

India mobilised maximum debt in Asia

India mobilised maximum debt in Asia

Rediff.com14 Jul 2009

"Lending to India is the highest in the region with $3.3 billion via 11 loans, accounting for 22.1 per cent of total volume in 2009," the report said

These are Asia's top high-value real estate deals...

These are Asia's top high-value real estate deals...

Rediff.com2 Apr 2012

The sale of Leela Kempinski Kovalam was among the top 10 hotel deals in Asia during the past one year, shows data from the US-based research firm Real Capital Analytics.

How India Can Overtake China

How India Can Overtake China

Rediff.com24 Feb 2023

India must integrate more with East Asia by getting into regional trade arrangements, lower its tariff walls, and improve the quality of its workforce, suggests T N Ninan.

China expanding to keep India constrained: Top IPS officers

China expanding to keep India constrained: Top IPS officers

Rediff.com23 Jan 2023

The papers presented by Indian Police Service officers at the just concluded conference of director generals of police (DGPs) and inspector generals of police (IGPs) submit that by providing huge amounts of money in the name of loans for developmental works in Southeast and South Asia, China wants to reduce India's influence in the Indian Ocean region and force resolution of bilateral issues on Beijing's terms.

Sensex rises over 140 points to close at 60,806

Sensex rises over 140 points to close at 60,806

Rediff.com9 Feb 2023

Rising for the second straight session, equity benchmark Sensex climbed 142 points on Thursday following buying in IT and finance stocks amid a higher opening in European markets. After a see-saw session, the 30-share BSE Sensex ended 142.43 points or 0.23 per cent higher at 60,806.22. During the day, the index witnessed a high of 60,863.63 and a low of 60,472.81.

Modi's guarantee India will be 3rd largest economy in BJP's 3rd term, says PM

Modi's guarantee India will be 3rd largest economy in BJP's 3rd term, says PM

Rediff.com27 Jul 2023

He slammed naysayers for opposing developmental projects, saying some people have a habit of trying to stall any good work.

Adani family's partners used 'opaque' funds to invest in stocks: OCCRP

Adani family's partners used 'opaque' funds to invest in stocks: OCCRP

Rediff.com31 Aug 2023

Hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based 'opaque' investment funds by partners of promoter family, the Organised Crime and Corruption Reporting Project (OCCRP) alleged on Thursday. The fresh allegations by an organisation funded by likes of George Soros and Rockefeller Brothers Fund come months after a US short seller wiped away close to $150 billion in value of Adani group stocks with allegations of accounting fraud, stock price manipulation and improper use of tax havens by the ports-to-energy conglomerate run by billionaire Gautam Adani. Adani group has denied all allegations. Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the "mysterious" investors bought and sold Adani stock through such offshore structures.

Sensex rises 248 points to close at lifetime high; Nifty above 18,400

Sensex rises 248 points to close at lifetime high; Nifty above 18,400

Rediff.com15 Nov 2022

Equity benchmark Sensex climbed 248 points to close at its all-time high on Tuesday, tracking unabated foreign capital inflows amid a positive trend in global markets. After a see-saw session, the 30-share BSE Sensex climbed 248.84 points or 0.40 per cent to settle at 61,872.99 -- surpassing its previous closing peak of 61,795.04 on November 11. During the day, the index witnessed a high of 61,955.96 and a low of 61,436.90.

Banks Fallout: Time For RBI To Be Alert

Banks Fallout: Time For RBI To Be Alert

Rediff.com31 Mar 2023

The broader economy risks a potential flight of foreign portfolio capital, therefore pressure on the rupee and more bad news on the stock market, warns T N Ninan.

Isha, Akash, Anant Ambani appointed to Reliance board

Isha, Akash, Anant Ambani appointed to Reliance board

Rediff.com28 Aug 2023

Billionaire Mukesh Ambani's children -- Isha, Akash and Anant -- on Monday were appointed on the board of his energy-to-technology conglomerate Reliance Industries Ltd, in what is seen as a clear path of succession planning at India's most valuable company.

Sensex, Nifty decline after 2-day rally as US markets tumble

Sensex, Nifty decline after 2-day rally as US markets tumble

Rediff.com19 Jan 2023

Equity benchmarks declined on Thursday after a two-day rally, mirroring a weak trend in the US markets and fresh foreign fund outflows. Weak US consumer data and hawkish comments from the Fed's policymakers dragged markets lower. The 30-share BSE Sensex dropped 187.31 points or 0.31 per cent to settle at 60,858.43.

Asian Games: How the Mukherjees breached the Chinese wall

Asian Games: How the Mukherjees breached the Chinese wall

Rediff.com30 Sep 2023

The reigning world champion duo of Chen Meng and Wang Yidi gasped in surprise seeing the backhand return of Ayhika Mukherjee, who, in part, engineered India's biggest triumph of the Asian Games thus far.

Sensex rises over 120 points on fag-end buying

Sensex rises over 120 points on fag-end buying

Rediff.com8 Mar 2023

IndusInd Bank was the biggest gainer on the Sensex chart, rising 4.75 per cent, followed by M&M, L&T, NTPC, ITC, Ultra Cement, Tata Steel, Maruti and SBI. In contrast, Bajaj Finance, Tech Mahindra, Infosys and Sun Pharma were among the losers, shedding up to 2.30 per cent.

Sensex snaps two-day losing streak, jumps 403 points

Sensex snaps two-day losing streak, jumps 403 points

Rediff.com13 Dec 2022

Benchmark indices ended in the green on Tuesday after retail inflation dipped below the RBI's upper tolerance level of 6 per cent for the first time in 11 months in November. The 30-share BSE Sensex climbed 402.73 points or 0.65 per cent to settle at 62,533.30. During the day, it jumped 437.35 points or 0.70 per cent to 62,567.92. The broader NSE Nifty advanced 110.85 points or 0.60 per cent to end at 18,608.

AirAsia all set to fly to India

AirAsia all set to fly to India

Rediff.com16 Oct 2008

Maverick entrepreneur Tony Fernandes, who built low-cost carrier AirAsia to be a formidable player in South-East Asia, is prepared for a price battle in the Indian skies.

Modi, Oli inaugurate South Asia's first cross-border oil pipeline

Modi, Oli inaugurate South Asia's first cross-border oil pipeline

Rediff.com10 Sep 2019

As of now, tankers carry petroleum products from India to Nepal as part of an arrangement which is in place since 1973.

Sensex snaps 2-day winning run; ends down 124 points

Sensex snaps 2-day winning run; ends down 124 points

Rediff.com10 Feb 2023

HCL Tech was the biggest loser on the Sensex chart, shedding 2.79 per cent, followed by Tata Steel, ICICI Bank, Reliance Industries, ITC, Wipro, Infosys and M&M. In contrast, Tata Motors, L&T, Bharti Airtel, HDFC Bank and SBI were among the winners, climbing up to 2.05 per cent.

Yamuna recedes but still flowing two metres above danger level

Yamuna recedes but still flowing two metres above danger level

Rediff.com15 Jul 2023

The situation could worsen if weather predictions of more rain in the capital and upper catchment areas come true.

'$33 billion was taken out of India -- the highest-ever'

'$33 billion was taken out of India -- the highest-ever'

Rediff.com6 Dec 2022

'Yet the market didn't do all that badly because it was cushioned by domestic inflows.'

'Trudeau has made a major gamble'

'Trudeau has made a major gamble'

Rediff.com21 Sep 2023

'If Trudeau chooses to repeat his allegations in his UN speech on Friday, it would create a whole new escalation.'

A QSR full course serves up weak demand, margin pressures as sides

A QSR full course serves up weak demand, margin pressures as sides

Rediff.com24 Jul 2023

Except for Westlife Foodworld (Westlife), a weak 2022-23 (FY23) January-March (fourth quarter, or Q4) quarter performance and a muted near-term outlook led to a downward revision of earnings estimates for quick-service restaurant (QSR) players. Brokerages have slashed estimates by as much as 10 per cent for 2023-24 (FY24) and 2024-25 (FY25). The downward revisions have weighed on the performance of listed players, who have underperformed the market with low single-digit returns over the past month.

Asia Cup to go ahead in Bangladesh; Afghanistan added

Asia Cup to go ahead in Bangladesh; Afghanistan added

Rediff.com4 Jan 2014

The security concerns triggered by political unrest in Bangladesh notwithstanding, the country will remain the host of the Asia Cup next month, the Asian Cricket Council (ACC) announced on Saturday.

Merged HDFC Bank set to push Reliance off its perch as top weight

Merged HDFC Bank set to push Reliance off its perch as top weight

Rediff.com10 Jul 2023

With Housing Development Finance Corporation's (HDFC's) merger with HDFC Bank becoming effective on July 1, the merged entity is set to become the top weight in the benchmarks S&P BSE Sensex and the National Stock Exchange Nifty indices, dislodging the country's most valuable company, Reliance Industries (RIL), from its perch. HDFC will stop trading after July 13. At present, RIL has a weighting of close to 12 per cent in the Sensex and 10.3 per cent in the broad-based Nifty. Meanwhile, HDFC Bank and HDFC have weights of 9.9 per cent and 6.8 per cent in the Sensex and 8.8 per cent and 6 per cent in the Nifty, respectively.

Vijender to fight for WBO Asia title in India

Vijender to fight for WBO Asia title in India

Rediff.com18 Feb 2016

Unstoppable so far, star Indian boxer Vijender Singh will now gun for his maiden title in the professional circuit when he fights for the WBO Asia belt come June in front of home fans in the national capital. The middleweight boxer, who earned worldwide fame by becoming India's first Olympic and World Championships medallist at the amateur level, has exhibited rampaging form even in the pro arena. Since his debut in the circuit last October, the 30-year-old from Haryana has won all his three pro contests via knockouts. His next bout is scheduled for March 12 in Liverpool, the opponent for which is yet to be named. "I am already excited. My first title fight, that too in front of my own people, in my own country. It cannot get better than this. I have no idea who my opponent is going to be but I am sure I will carry on the way I have so far," Vijender told PTI from Manchester where he is currently training for the March 12 showpiece.

4 capital goods stocks that look attractive

4 capital goods stocks that look attractive

Rediff.com15 Mar 2016

While the Budget might have been a sentiment booster for the sector, firms with market dominance emerge as favourites.