News for 'Mahindra Finance'

TCS ranked 3rd most-valued IT services brand globally

TCS ranked 3rd most-valued IT services brand globally

Rediff.com27 Jan 2021

Tata Consultancy Services (TCS) has been ranked the third most-valued IT services brand globally, after Accenture and IBM, according to a report by Brand Finance. Four Indian IT services companies -- TCS, Infosys, HCL and Wipro -- secured spots in the top-10 global tally.

Sensex ends FY20 on a high note, rallies 1,028 points

Sensex ends FY20 on a high note, rallies 1,028 points

Rediff.com31 Mar 2020

ITC was the top gainer in the Sensex pack, rallying over 7 per cent, followed by Reliance Industries, ONGC, Tata Steel, Tech Mahindra, Sun Pharma and SBI. On the other hand, IndusInd Bank plunged nearly 15 per cent. Maruti, Bajaj Finance and Titan were the other laggards.

Markets snap 8-session winning streak; Sensex drops 236 pts

Markets snap 8-session winning streak; Sensex drops 236 pts

Rediff.com12 Nov 2020

SBI was the top loser in the Sensex pack, shedding around 3 per cent, followed by Kotak Bank, IndusInd Bank, NTPC, ICICI Bank, Axis Bank and HDFC Bank. On the other hand, HUL, ITC, L&T, Bajaj Finserv and Tech Mahindra ended with gains.

Sensex, Nifty rebound on hopes of FPI tax rollback

Sensex, Nifty rebound on hopes of FPI tax rollback

Rediff.com23 Aug 2019

Among major gainers, Vedanta rose the most by 6.55 per cent, snapping its five-day losing streak.

Salary Costs At IT Services Are Growing

Salary Costs At IT Services Are Growing

Rediff.com30 Aug 2022

'Companies are being forced to pay higher salaries to retain and hire employees due to a big rise in attrition in the industry.'

Sensex crashes 1,066 points; investors lose Rs 3.25 lakh cr

Sensex crashes 1,066 points; investors lose Rs 3.25 lakh cr

Rediff.com15 Oct 2020

Bajaj Finance was the top loser, tumbling 4.68 per cent, followed by Tech Mahindra, IndusInd Bank, ICICI Bank, SBI, Reliance Industries, Bharti Airtel and HCL Tech. NSE Nifty crashed 290.70 points or 2.43 per cent to 11,680.35.

Airtel, HUL, RIL lift Sensex by 273 points

Airtel, HUL, RIL lift Sensex by 273 points

Rediff.com1 Sep 2020

While Bajaj Finance, Asian Paints, Tata Steel, NTPC and SBI were among the other gainers, ONGC, Axis Bank, Tech Mahindra, Infosys and ICICI Bank were among the laggards. NSE Nifty advanced 82.75 points or 0.73 per cent to settle at 11,470.25.

Sensex snaps 6-day winning run to end 129 pts lower

Sensex snaps 6-day winning run to end 129 pts lower

Rediff.com4 Jun 2020

Asian Paints was the top laggard in the Sensex pack, falling around 5 per cent, followed by Bajaj Finance, HDFC, IndusInd Bank, Axis Bank and Kotak Bank. On the other hand, Tech Mahindra, Sun Pharma, Bharti Airtel and HCL Tech were among the gainers.

Market stages sharp recovery; Sensex rebounds 642 pts

Market stages sharp recovery; Sensex rebounds 642 pts

Rediff.com19 Mar 2021

NTPC was the top gainer in the Sensex pack, rallying over 4 per cent, followed by HUL, PowerGrid, Reliance Industries, ITC, UltraTech Cement and Bajaj Finance. NSE Nifty surged 186.15 points to finish at 14,744.

Sensex ends 214 points lower, Nifty gives up 11,300

Sensex ends 214 points lower, Nifty gives up 11,300

Rediff.com4 Mar 2020

Top laggards in the Sensex pack included IndusInd Bank, Bajaj Finance, ITC, UltraTech Cement and HDFC Bank, while Sun Pharma, Tech Mahindra, M&M and Asian Paints ended with gains.

Heavyweights Infy, RIL, HDFC drag Sensex down by 323 pts

Heavyweights Infy, RIL, HDFC drag Sensex down by 323 pts

Rediff.com24 Nov 2021

Market benchmark Sensex tumbled over 323 points after an intense last-hour sell-off on Wednesday, triggered by losses mainly in index heavyweights Infosys, Reliance and HDFC.

Investors' wealth tumble over Rs 4.47 lakh cr amid market crash

Investors' wealth tumble over Rs 4.47 lakh cr amid market crash

Rediff.com6 May 2022

Investors became poorer by over Rs 4.47 lakh crore on Friday as markets faced severe drubbing, mirroring weak trends in global equities. The 30-share BSE benchmark dived 866.65 points or 1.56 per cent to settle at 54,835.58. During the day, it tumbled 1,115.48 points or 2 per cent to 54,586.75.

Investors richer by over Rs 3.10 lakh crore

Investors richer by over Rs 3.10 lakh crore

Rediff.com4 Oct 2021

The 30-share BSE benchmark jumped 533.74 points or 0.91 per cent to 59,299.32. During the day, it zoomed 783.24 points to 59,548.82.

Sensex rallies 617 points to close above 51K-mark

Sensex rallies 617 points to close above 51K-mark

Rediff.com8 Feb 2021

M&M was the top gainer in the Sensex pack, soaring around 7 per cent, followed by Bajaj Finserv, Bharti Airtel, PowerGrid, Infosys and ICICI Bank. On the other hand, HUL, Kotak Bank, Bajaj Finance and ITC were among the laggards.

Sensex zooms 2,476 pts to reclaim 30K level; Nifty rallies 708 pts

Sensex zooms 2,476 pts to reclaim 30K level; Nifty rallies 708 pts

Rediff.com7 Apr 2020

All Sensex components ended on a positive note with IndusInd Bank surging over 22 per cent, followed by Axis Bank, Mahindra and Mahindra, ICICI Bank, HUL, Maruti, HCL Tech and Hero MotoCorp.

RIL, financials drag Sensex down 155 points

RIL, financials drag Sensex down 155 points

Rediff.com9 Apr 2021

Bajaj Finance was the top loser in the Sensex pack, shedding around 3 per cent, followed by UltraTech Cement, NTPC, Axis Bank, ICICI Bank, IndusInd Bank, Reliance Industries, L&T and HDFC Bank. NSE Nifty slipped 38.95 points to 14,834.85.

Sensex rises 277 points; TCS zooms over 7%

Sensex rises 277 points; TCS zooms over 7%

Rediff.com5 Oct 2020

Other prominent gainers included Tata Steel, Sun Pharma, Infosys, Tech Mahindra, IndusInd Bank, HCL Tech, ICICI Bank, HUL and HDFC Bank. NSE Nifty rose 86.40 points or 0.76 per cent to close at 11,503.35.

Sensex ends 169 points higher after fag-end rally

Sensex ends 169 points higher after fag-end rally

Rediff.com14 Oct 2020

Bajaj Finserv was the top gainer in the Sensex pack, rising around 4 per cent, followed by Bajaj Finance, ICICI Bank, IndusInd Bank, Tata Steel, Axis Bank, HDFC and SBI. NSE Nifty rose 36.55 points or 0.31 per cent to 11,971.05.

Sensex pares gains in volatile trade; rises 99 pts at close

Sensex pares gains in volatile trade; rises 99 pts at close

Rediff.com13 Jul 2020

RIL was among the top gainers in the Sensex pack, jumping over 3 per cent to hit its record closing high. Tech Mahindra, HCL Tech, Bharti Airtel, Infosys, HUL and ITC were also among the prominent gainers.

Sensex, Nifty close at lifetime highs

Sensex, Nifty close at lifetime highs

Rediff.com7 Jun 2021

PowerGrid was the top gainer in the Sensex pack, rallying over 4 per cent, followed by NTPC, UltraTech Cement, Tech Mahindra, Reliance Industries and IndusInd Bank.

Microfinance lender's IPO oversubscribed 126 times!

Microfinance lender's IPO oversubscribed 126 times!

Rediff.com4 Dec 2019

Ujjivan Small Finance Bank's initial public offering attracted heavy investor demand on the final day of bidding on Wednesday as the issue was subscribed a whopping 126.36 times.

Markets end flat as bulls take a breather

Markets end flat as bulls take a breather

Rediff.com10 Dec 2021

Titan was the top laggard in the Sensex pack, shedding 1.39 per cent, followed by HDFC, Axis Bank, Kotak Bank, HCL Tech and Tech Mahindra. On the other hand, Asian Paints, SBI, M&M, TCS, Bajaj Finserv and ICICI Bank were among the winners, spurting as much as 3.25 per cent.

Investor wealth sinks by Rs 3.79 lakh cr in two days of market fall

Investor wealth sinks by Rs 3.79 lakh cr in two days of market fall

Rediff.com19 Jul 2019

Sluggish corporate earnings, lacklustre global markets, FPI and slowdown concerns have played spoilsport for the markets.

Sensex tanks 422 points; Reliance sinks nearly 4%

Sensex tanks 422 points; Reliance sinks nearly 4%

Rediff.com29 Jul 2020

Nestle India, HCL Tech, M&M, HDFC Bank, Maruti and Tech Mahindra were also among the losers. NSE Nifty tumbled 97.70 points to 11,202.85.

Bank licence norms not discriminatory: Birla

Bank licence norms not discriminatory: Birla

Rediff.com26 Jun 2013

A day after applying for a bank licence, Aditya Birla Group chairman Kumar Mangalam Birla on Wednesday said the new bank licence norms announced by the Reserve Bank are not discriminatory towards large corporate houses.

Sensex tanks over 334 points; Nifty tumbles below 12,000

Sensex tanks over 334 points; Nifty tumbles below 12,000

Rediff.com6 Dec 2019

Yes Bank led the laggard's list on the Sensex with a nearly 10 per cent drop after Moody's Investors Service downgraded the private sector lender's ratings. Other top losers were SBI, IndusInd Bank, Tata Motors, Mahindra and Mahindra and HDFC.

LIC IPO to hit markets by March

LIC IPO to hit markets by March

Rediff.com13 Jan 2022

The government will launch the mega public offer of LIC by March and file draft papers with market regulator Sebi by the end of this month, an official said. Finance Minister Nirmala Sitharaman had last week reviewed the progress of the initial public offering (IPO) of Life Insurance Corporation (LIC) in a meeting with top officials of the ministry. The official said the September 2021 quarter financials of LIC are getting finalised as well as fund bifurcation is in progress.

Markets snap 4-day record-setting spree

Markets snap 4-day record-setting spree

Rediff.com23 Dec 2019

Nestle India was the top loser in the Sensex pack, shedding 2.20 per cent, on its first day as part of the index.

Sensex surges 364 points; financial stocks lead rally

Sensex surges 364 points; financial stocks lead rally

Rediff.com24 Aug 2020

Kotak Bank was the top gainer in the Sensex pack, rising over 3 per cent, followed by IndusInd Bank, Bajaj Finance, HDFC Bank, ICICI Bank, Bajaj Finserv, Maruti and SBI.

Ask Ajit: 'Want to invest Rs 2 lakhs, please advise'

Ask Ajit: 'Want to invest Rs 2 lakhs, please advise'

Rediff.com22 Nov 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Markets lose steam on fag-end RIL selloff

Markets lose steam on fag-end RIL selloff

Rediff.com15 Jul 2020

RIL plunged around 4% after scaling its life-time high of Rs 1,978.50 as investors rushed to book profits after the company's AGM. Bharti Airtel, ONGC, IndusInd Bank, Bajaj Finance and SBI were also among the laggards. On the other hand, shares of Infosys rallied around 6 per cent ahead of its quarterly earnings. HCL Tech, TCS, Tech Mahindra, Axis Bank and HUL too ended with robust gains.

Sensex erases gains; drops 134 points at close

Sensex erases gains; drops 134 points at close

Rediff.com18 Sep 2020

HDFC Bank was the top loser in the Sensex pack, shedding over 2 per cent, followed by Kotak Bank, Bajaj Finserv, Maruti, Titan, SBI, HUL, HDFC and Tata Steel. On the other hand, Bharti Airtel, M&M, NTPC, Tech Mahindra, Sun Pharma and PowerGrid were among the gainers.

Losses in index majors drag Sensex by 678 points

Losses in index majors drag Sensex by 678 points

Rediff.com29 Oct 2021

Tech Mahindra was the top loser in the Sensex pack, shedding over 3 per cent, followed by NTPC, IndusInd Bank, Kotak Bank and Reliance Industries. NSE Nifty fell 185.60 points to 17,671.65.

How india Inc biggies are going green

How india Inc biggies are going green

Rediff.com6 Jan 2022

India's traditional companies are now moving full scale into the renewable and alternative energy space that had been dominated by smaller players over the past decade. Companies such as government-owned NTPC and the Adani and the Tata groups restructured their businesses well in time to become major players in the green space. At the same time, other conventional companies, such as Larsen & Toubro and Reliance Industries Ltd (RIL), which have a presence both in the energy sector as well as myriad other activities - construction, technology and retailing - are tying up with new-age companies to hitch a ride to a greener path.

Covid resurgence makes investors jittery; Sensex tanks 397 pts

Covid resurgence makes investors jittery; Sensex tanks 397 pts

Rediff.com15 Mar 2021

Bajaj Finserv was the top loser in the Sensex pack, shedding around 3 per cent, followed by Bajaj Auto, Bajaj Finance, L&T, Asian Paints, Dr Reddy's, ICICI Bank, HDFC Bank and RIL. NSE Nifty finished 101.45 points down at 14,929.50.

Sensex rises 83 points; energy, metal stocks climb

Sensex rises 83 points; energy, metal stocks climb

Rediff.com18 Sep 2019

Top gainers in the Sensex pack included Tata Steel, Vedanta, SBI, Tech Mahindra, Bajaj Finance, Asian Paints, M&M, NTPC and PowerGrid, rising up to 3.95 per cent.

Sensex rebounds 453 points; IT stocks shine

Sensex rebounds 453 points; IT stocks shine

Rediff.com22 Dec 2020

HCL Tech was the top gainer in the Sensex pack, rallying around 5 per cent, followed by Tech Mahindra, Infosys, PowerGrid, Sun Pharma, L&T and Nestle India. NSE Nifty climbed 137.90 points or 1.03 per cent to 13,466.30.

Investor wealth worth Rs 19.49 lakh cr wiped out in 4 days of mkt fall

Investor wealth worth Rs 19.49 lakh cr wiped out in 4 days of mkt fall

Rediff.com19 Mar 2020

In four days, Sensex has fallen by 5,815.25 points. From the 30-share pack, 22 companies closed the day lower, led by Bajaj Finance, Maruti Suzuki India, Axis Bank, M&M, Tech Mahindra and ONGC, plunging up to 10.24 per cent.

Sensex rises for 3rd day, gains 142 points

Sensex rises for 3rd day, gains 142 points

Rediff.com10 Aug 2020

L&T was the top gainer in the Sensex pack, rallying 4.81 per cent, followed by M&M, Sun Pharma, Tech Mahindra, NTPC, SBI, ICICI Bank and Titan.

Sensex slides again, loses 2778 pts in four days

Sensex slides again, loses 2778 pts in four days

Rediff.com15 Jun 2022

Sliding for the fourth straight day, the BSE Sensex shed 152 points in choppy trade on Wednesday amid mixed global cues ahead of the US Federal Reserve's policy decision.