News for 'LOSING MONEY'

Auto, IT stocks boost Sensex by 150 points

Auto, IT stocks boost Sensex by 150 points

Rediff.com14 Aug 2024

Among Sensex firms, Tata Consultancy Services, HCL Technologies, Tech Mahindra, Infosys, Mahindra & Mahindra and Tata Motors were the biggest gainers. UltraTech Cement, JSW Steel, Tata Steel, Adani Ports, Power Grid and Bajaj Finserv were among the laggards.

Lara on how to save Tests in time of flourishing franchise leagues

Lara on how to save Tests in time of flourishing franchise leagues

Rediff.com9 May 2024

While Lara agreed in principle to the point, he found differences too in the two models.

I'm not insecure, I would rather fail than play safe: Ashwin

I'm not insecure, I would rather fail than play safe: Ashwin

Rediff.com13 Aug 2024

Ravichandran Ashwin has taken criticism on the chin and has responded with a bagful of wickets, refusing to let that 'outside noise' disturb the equilibrium of his mind.

Can't lose democracy by allowing parties in power...: SC

Can't lose democracy by allowing parties in power...: SC

Rediff.com12 Apr 2023

The top court's remark came while setting aside an order of the Madras high court which directed the Tamil Nadu government to create the posts under the designation.

Record prize purse for T20 World Cup winners

Record prize purse for T20 World Cup winners

Rediff.com3 Jun 2024

The runners-up will earn at least $1.28 million, while the losing semi-finalists will take home $787,500 each.

Paints shares lose sheen post Birla Opus launch; Asian Paints at 10-mth low

Paints shares lose sheen post Birla Opus launch; Asian Paints at 10-mth low

Rediff.com5 Mar 2024

Shares of paint companies faced pressure, falling up to 5 per cent on the BSE in Monday's (February 26) intraday trade amid concerns that Grasim Industries' entry into the paint sector will intensify the competition. Asian Paints reached a 10-month low of Rs 2,850, slipping nearly 5 per cent after brokerage firm CLSA downgraded the stock following the Birla Opus launch. The paint maker's stock traded at its lowest level since April 28, 2023.

Sensex back above 81K; Nifty surges 429 points

Sensex back above 81K; Nifty surges 429 points

Rediff.com26 Jul 2024

Bharti Airtel was the biggest gainer, rising by over 4.51 per cent. Adani Ports, Sun Pharma, Tata Steel, HCL Technologies, Infosys, JSW Steel and Mahindra & Mahindra were the other big gainers.

East Bengal approach Delhi HC over Anwar's suspension

East Bengal approach Delhi HC over Anwar's suspension

Rediff.com13 Sep 2024

Anwar Ali, his current side East Bengal, and parent club Delhi FC on Thursday moved the Delhi High Court and sought a stay on the suspension imposed on the player.

Infosys loses $1.5 bn mega contract; client terminates deal

Infosys loses $1.5 bn mega contract; client terminates deal

Rediff.com24 Dec 2023

IT services firm Infosys has said that a global company has decided to terminate a multi-year contract worth $1.5 billion with it. On September 14, 2023, Infosys announced a pact with a global company to offer enhanced digital experiences alongside modernisation and business operations services leveraging Infosys platforms and AI (Artificial Intelligence) solutions. In a BSE filing on Saturday, Infosys said the global company has now elected to terminate the Memorandum of Understanding (MoU) and the parties will not be pursuing the master agreement."

Can Rs 10K SIP Make You Rs 3 CRORE?

Can Rs 10K SIP Make You Rs 3 CRORE?

Rediff.com16 Oct 2024

Imagine transforming a modest Rs 10,000 monthly investment into a steady Rs 1 lakh monthly income in your retirement years. This is the power of compounding -- a strategy that rewards you for starting early and staying consistent with your investments, says Ramalingam Kalirajan.

Ratan Tata's Biggest Contribution To Management Theory

Ratan Tata's Biggest Contribution To Management Theory

Rediff.com15 Oct 2024

'It is notable how humble he was and didn't want anything different just because he was a Tata.'

Sensex tanks 1,017 pts to close at 2-week low tracking weak global trends

Sensex tanks 1,017 pts to close at 2-week low tracking weak global trends

Rediff.com6 Sep 2024

Benchmark equity indices Sensex and Nifty slumped over 1 per cent on Friday, tracking a weak trend in global markets and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tumbled 1,017.23 points or 1.24 per cent to settle at 81,183.93.

Bigg Boss OTT 3: Ranvir Shorey's 5 Revelations

Bigg Boss OTT 3: Ranvir Shorey's 5 Revelations

Rediff.com17 Jul 2024

The actor has used the platform to make a few revelations about his personal life. Namrata Thakker lists them out.

Zuckerberg, many other Facebook users losing followers

Zuckerberg, many other Facebook users losing followers

Rediff.com12 Oct 2022

Several users of Meta's Facebook are complaining losing majority of their followers on the social media platform due to unknown reasons. Meta founder and CEO Mark Zuckerberg has lost over 119 million followers which has brought down his follower count to below 10,000.

ED arrests AAP's Himachal incharge Satyendar Jain in money laundering case

ED arrests AAP's Himachal incharge Satyendar Jain in money laundering case

Rediff.com30 May 2022

The Enforcement Directorate on Monday arrested Delhi minister Satyendar Jain in connection with a money laundering case, officials said.

Ranji Round-up: Shami returns, in action for Bengal

Ranji Round-up: Shami returns, in action for Bengal

Rediff.com13 Nov 2024

Roundup of matches across the country in the ongoing BCCI Ranji Trophy

Stocks Or MFs? Where Can YOU Invest?

Stocks Or MFs? Where Can YOU Invest?

Rediff.com30 Oct 2023

An interesting imaginary conversation between Kirtan A Shah and an investor about how investing in mutual funds is better than investing directly in stocks.

'Hybrid vehicles are an intermediate solution'

'Hybrid vehicles are an intermediate solution'

Rediff.com26 Sep 2024

'In terms of incentives, if you think about it, hybrids are a 20-year-old technology.'

Sensex ends up 75 points on buying in banking and oil stocks

Sensex ends up 75 points on buying in banking and oil stocks

Rediff.com31 May 2024

Stock markets snapped their five-day losing run on Friday with the benchmark BSE Sensex closing higher by 75 points on value-buying in banking and oil shares after recent losses. The 30-share BSE Sensex rose by 75.71 points or 0.10 per cent to settle at 73,961.31. During the session, it hit a high of 74,478.89 points and a low of 73,765.15 points.

Realty transactions: Calculate tax either at 12.5% without indexation or 20% with indexation

Realty transactions: Calculate tax either at 12.5% without indexation or 20% with indexation

Rediff.com6 Aug 2024

The government on Tuesday proposed a relief to taxpayers with respect to capital gain tax on real estate properties by giving them the option to choose between 20 per cent and 12.5 per cent tax rates.

Sensex ends down 166 points, Nifty settles below 24K

Sensex ends down 166 points, Nifty settles below 24K

Rediff.com6 Aug 2024

From the 30 Sensex pack, State Bank of India, Mahindra & Mahindra, Bharti Airtel, Titan, HDFC Bank, IndusInd Bank, Axis Bank and Bajaj Finance were the biggest laggards. JSW Steel, Tech Mahindra, Larsen & Toubro, Hindustan Unilever, HCL Technologies and Reliance Industries were among the gainers from the pack.

Vedaa Review: Action Packed Caste Drama

Vedaa Review: Action Packed Caste Drama

Rediff.com15 Aug 2024

Vedaa is realistic but also has the kind of mainstream elements and action sequences that make a film gripping, observes Deepa Gahlot.

LS poll results show India not 'Hindu Rashtra': Amartya Sen

LS poll results show India not 'Hindu Rashtra': Amartya Sen

Rediff.com27 Jun 2024

"I do not think the idea of turning India into a 'Hindu Rashtra' is appropriate," Sen, 90, said.

The Lives PSU Bankers Lead

The Lives PSU Bankers Lead

Rediff.com15 Jul 2024

A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay.

'Why not?': HC grants parole to man to bid farewell to son

'Why not?': HC grants parole to man to bid farewell to son

Rediff.com13 Jul 2024

The Bombay high court has granted parole to a man to bid farewell to his son, who is going to Australia for further studies, holding that if parole can be granted to share grief, it can also be for a happy occasion.

Rahul, Shreyas Set To Enter IPL Auction!

Rahul, Shreyas Set To Enter IPL Auction!

Rediff.com31 Oct 2024

Shreyas Iyer, who led KKR to the IPL 2024 title, could be headed for the players' auction after failing to make a breakthrough in negotiations, while K L Rahul is also unlikely to be retained by LSG.

With IPOs losing steam, Sebi steps in with 'hard underwriting' move

With IPOs losing steam, Sebi steps in with 'hard underwriting' move

Rediff.com3 Mar 2023

The Securities and Exchange Board of India's (Sebi's) proposal to re-introduce "hard underwriting" is seen as step to boost India's moribund initial public offering (IPO) markets. The regulator has proposed that in case an IPO fails to garner full subscription, the investment banker or a third-party can buy the unsubscribed shares. This practice was common during fixed-price issues prior to 1999. However, under the new book building regime, underwriting is allowed only to the extent of shortfall due to technical rejection of bids - this is referred to as "soft underwriting" and is rarely invoked.

Markets fall on selling in banking shares, STT hike

Markets fall on selling in banking shares, STT hike

Rediff.com24 Jul 2024

Benchmark BSE Sensex declined for the fourth day in a row on Wednesday due to selling in financial and banking shares and the government's move to hike securities transaction tax and short term capital gains tax. The 30-share BSE Sensex declined 280.16 points or 0.35 per cent to settle at 80,148.88 with 19 of its components closing lower and 11 with gains. During the day, it tumbled 678.53 points or 0.84 per cent to 79,750.51.

Nirav Modi loses bid to appeal against extradition

Nirav Modi loses bid to appeal against extradition

Rediff.com15 Dec 2022

Nirav Modi, the fugitive diamond merchant wanted in India to stand trial on fraud and money laundering charges, on Thursday suffered another setback in his legal battle against his extradition as the high court in London denied him permission to appeal against his extradition order in the UK Supreme Court. In a judgment order pronounced at the Royal Courts of Justice in London, Lord Justice Jeremy Stuart-Smith and Justice Robert Jay ruled that "the Appellant's (Nirav Modi) application for permission to appeal to the Supreme Court is refused".

Shares Buyback Breaks 14 Month Record In August

Shares Buyback Breaks 14 Month Record In August

Rediff.com28 Aug 2024

A sharp rise can be attributed to the significant changes in India's share buyback tax regime, which will come into effect from October 1, 2024.

Budget focuses on jobs and skilling, keeping 2 allies happy

Budget focuses on jobs and skilling, keeping 2 allies happy

Rediff.com23 Jul 2024

Finance Minister Nirmala Sitharaman on Tuesday announced income tax relief for the middle class, a Rs 2 lakh crore outlay for job creation schemes over the next five years and a spending splurge for states run by her party's new coalition partners as she unveiled the Modi 3.0 government's first budget after the general elections.

Budget & MFs: What You Must Know

Budget & MFs: What You Must Know

Rediff.com24 Jul 2024

While the minimum holding period for LTCG taxation has now been lowered, the tax outgo could be a bit higher under the new structure.

'Shocking That PM Gave Investing Advice'

'Shocking That PM Gave Investing Advice'

Rediff.com7 Jun 2024

'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'

When You Should Invest In PPF

When You Should Invest In PPF

Rediff.com11 Apr 2024

If you fail to make the lump sum deposit before April 5, do so at least before the 5th of the next month (May). That way you will only lose out on the interest for April.

Harshit celebrates maiden Test call-up with 4-wkt haul

Harshit celebrates maiden Test call-up with 4-wkt haul

Rediff.com26 Oct 2024

A round-up of the Ranji Trophy matches played on Saturday.

Kejriwal to return to jail today, bail verdict put off

Kejriwal to return to jail today, bail verdict put off

Rediff.com2 Jun 2024

With his three-week temporary bail for poll campaign ending, Aam Aadmi Party convener and Delhi Chief Minister Arvind Kejriwal will be back in Tihar Jail on Sunday as a court here put off till June 5 its order on his plea seeking interim bail on medical grounds.

Securities transaction tax on F&O contracts to be hiked

Securities transaction tax on F&O contracts to be hiked

Rediff.com24 Mar 2023

The government on Friday proposed hiking the securities transaction tax on Futures & Options (F&O) contracts, a move that will increase the trading costs in the derivatives segment as well as help in curbing excessive trades. In the Finance Bill 2023, passed by the Lok Sabha on Friday, the Securities Transaction Tax (STT) on options is proposed to be increased to 0.0625 per cent from 0.05 per cent and on futures contracts to 0.0125 from 0.01 per cent. Analysts opined that higher STT will shore up the government's revenues to some extent and also discourage excessive trading since a large number of retail traders are losing money in the segment.

India's gold demand drops 5% in June quarter

India's gold demand drops 5% in June quarter

Rediff.com1 Aug 2024

Gold seems to be losing its glitter in India due to a rise in prices. Demand in Q2CY24 was 149.7 tonnes - a 5 per cent drop compared to 158.1 tonnes in the same period last year, according to a report by the World Gold Council (WGC). Demand by value in April-June 2024 stood at Rs 93,850 crore, up by 14 per cent compared to Rs 82,530 crore in the same period last year.

Won't lose any money by scrapping chopper deal: India

Won't lose any money by scrapping chopper deal: India

Rediff.com2 Jan 2014

A day after terminating the tainted VVIP helicopter deal with AugustaWestland, the defence ministry has set in motion the process of encashing the bank guarantee of nearly Rs 1,700 crore furnished by the Anglo-Italian firm.

Court reveals fixed matches in India-SA 2000 series

Court reveals fixed matches in India-SA 2000 series

Rediff.com13 Jul 2024

2000 India-South Africa series: Court says some matches fixed, attempts made to fix others