News for 'Mark Francis'

Market mayhem wipes off Rs 13.44 lakh cr investor wealth

Market mayhem wipes off Rs 13.44 lakh cr investor wealth

Rediff.com24 Feb 2022

Investor wealth worth over Rs 13.44 lakh crore was wiped off on Thursday as the domestic equity markets tumbled along with global risk assets, after Russia launched military operations against Ukraine. Amid intensifying rout in the global financial markets, the 30-share BSE Sensex plummeted 2,702.15 points or 4.72 per cent to end at 54,529.91. The carnage on Dalal Street eroded investor wealth worth Rs 13,44,488.54 crore, taking the total market capitalisation (m-cap) to Rs 2,42,24,179.79 crore on the BSE.

Covid: 1.94 lakh new cases take active infections above 9.5 lakh

Covid: 1.94 lakh new cases take active infections above 9.5 lakh

Rediff.com12 Jan 2022

The active cases increased to 9,55,319, the highest in 211 days, while the death toll climbed to 4,84,655 with 442 fresh fatalities, the data updated at 8 am stated.

76 to 716: Victory margins in 10 Goa constituencies

76 to 716: Victory margins in 10 Goa constituencies

Rediff.com11 Mar 2022

The lowest victory margin of 76 was recorded in St Andre constituency in North Goa, where Revolutionary Goans Party, a new political outfit in the state, made its debut by defeating BJP candidate and sitting MLA Francis Silveira. RGP candidate Viresh Borkar won the contest.

Remembering the fallen... 10 years since 26/11

Remembering the fallen... 10 years since 26/11

Rediff.com26 Nov 2018

Ten years back, 10 Lashkar-e-Taiba terrorists sailed into Mumbai from Karachi and carried out coordinated attacks that lasted three days. The terrorists carried out bomb explosions and holding innocents hostage as a fight back by security forces continued for the next 60 hours. Taj Mahal Palace hotel, Chhatrapati Shivaji Terminus railway station, Leopold Cafe were targetted in the attack that made headlines across the world.

Samvat 2078 starts on auspicious note; BSE, NSE end in green

Samvat 2078 starts on auspicious note; BSE, NSE end in green

Rediff.com4 Nov 2021

M&M led the gainers' pack, spurting 2.76 per cent, followed by ITC, Kotak Bank, L&T, SBI, Bajaj Auto and Nestle India.

India reports 354 Covid deaths in 24 hrs, highest in 2021

India reports 354 Covid deaths in 24 hrs, highest in 2021

Rediff.com31 Mar 2021

The country had recorded 355 deaths on December 17 last year.

India reports 26,624 new COVID-19 cases, 341 deaths

India reports 26,624 new COVID-19 cases, 341 deaths

Rediff.com20 Dec 2020

The number of people who have recuperated from the disease surged to 95,80,402 pushing the national recovery rate to 95.51 per cent.

Christmas celebrated with fervour after 2 yrs of subdued festivities

Christmas celebrated with fervour after 2 yrs of subdued festivities

Rediff.com25 Dec 2022

After two years of muted festivities due to COVID-19, crowds thronged churches across the country this Christmas on Sunday for special prayers as people celebrated the birth of Jesus Christ.

India's Covid tally climbs to 1,12,44,786

India's Covid tally climbs to 1,12,44,786

Rediff.com9 Mar 2021

The death toll due to the viral disease has gone up to 1,57,930 in the country with 77 more fatalities, the ministry's data updated at 8 am showed.

Dr Reddy's Lab-DRDO drug treats heart damage post-Covid, shows US study

Dr Reddy's Lab-DRDO drug treats heart damage post-Covid, shows US study

Rediff.com8 Nov 2022

A drug developed by the Defence Research and Development Organisation (DRDO) may reverse the heart damage caused by a protein in the SARS-CoV-2 virus, a study conducted in fruit flies and mice has found.

Mumbai records 1,646 COVID-19 cases, highest since mid-Oct

Mumbai records 1,646 COVID-19 cases, highest since mid-Oct

Rediff.com12 Mar 2021

Mumbai on Friday recorded 1,646 cases of coronavirus, the highest since mid-October, raising the tally of infections to 3,40,277, an official from the Brihanmumbai Municipal Corporation said.

Sensex sheds 338 pts dragged by losses in index majors

Sensex sheds 338 pts dragged by losses in index majors

Rediff.com20 May 2021

ONGC was the top loser in the Sensex pack, shedding around 3 per cent, followed by Sun Pharma, PowerGrid, Axis Bank, HDFC Bank, Bharti Airtel and Kotak Bank. NSE Nifty declined 124.10 points to 14,906.05.

India's COVID-19 tally at 15,981, 166 die in a day

India's COVID-19 tally at 15,981, 166 die in a day

Rediff.com16 Oct 2021

The number of active Covid cases has declined to 2,01,632, the lowest in 218 days. The national recovery rate was at 98.07 per cent, the data updated by Union health ministry at 8 am showed.

Pix: New tunes, drone show among many firsts in Beating Retreat

Pix: New tunes, drone show among many firsts in Beating Retreat

Rediff.com29 Jan 2022

From the drones show to projection mapping show, this year's ceremony also presented quite a few firsts.

Sardar Patel would've liberated Goa earlier: Modi

Sardar Patel would've liberated Goa earlier: Modi

Rediff.com19 Dec 2021

He also said that although India got independence much before Goa became free, people of the country could not enjoy at that time as they felt uneasy thinking that one part was the country was still under foreign rule.

Rains pound Mumbai; 250 people shifted as Mithi river swells

Rains pound Mumbai; 250 people shifted as Mithi river swells

Rediff.com16 Jul 2021

The suburban trains on the Central Railway's main line as well as the Harbour line are running 20 to 25 minutes behind their schedule, an official said.

TCS Q1 profit up 28.5% to Rs 9,008 crore

TCS Q1 profit up 28.5% to Rs 9,008 crore

Rediff.com8 Jul 2021

IT major TCS on Thursday posted a 28.5 per cent increase in consolidated net profit at Rs 9,008 crore for the first quarter ended June 30, 2021. The country's biggest software services firm had posted a consolidated profit of Rs 7,008 crore in the same quarter a year ago. Consolidated revenue from operations increased by 18.5 per cent to Rs 45,411 crore compared to Rs 38,322 crore in the corresponding quarter of 2020-21.

COVID: New cases dip below 20,000 after nearly 6 months

COVID: New cases dip below 20,000 after nearly 6 months

Rediff.com22 Dec 2020

The number of people who have recuperated from the disease surged to 96,36,487 pushing the national recovery rate to 95.65 per cent, while the COVID-19 case fatality rate stands at 1.45 per cent.

What Vistara merger means for Air India

What Vistara merger means for Air India

Rediff.com29 Nov 2022

Singapore Airlines on Tuesday said Vistara will be merged with Tata group-owned Air India. Tata group owns a 51 per cent stake in Vistara, and the remaining 49 per cent shareholding is with Singapore Airlines (SIA). As part of the transaction, SIA will also invest Rs 2,058.5 crore in Air India.

Sensex reclaims 50,000-level; auto, IT stocks shine

Sensex reclaims 50,000-level; auto, IT stocks shine

Rediff.com2 Mar 2021

On the Sensex chart, M&M, NTPC, Bajaj Auto, Tech Mahindra, TCS and Maruti emerged as top gainers. NSE Nifty climbed 157.55 points to settle at 14,919.10.

Paytm CEO will get stock grants once m-cap recovers to IPO levels

Paytm CEO will get stock grants once m-cap recovers to IPO levels

Rediff.com7 Apr 2022

Paytm founder and chief executive officer (CEO) Vijay Shekhar Sharma will receive his stock grants only after the company's market capitalisation (m-cap) stabilises at its initial public offering (IPO) level, the financial technology (fintech) major said on Wednesday. Paytm's stock price has been in free fall since its IPO at Rs 2,150 apiece, with m-cap at around Rs 1.4 trillion - plunging 76 per cent to a lifetime low of Rs 520 on March 23, when m-cap dropped below Rs 34,000 crore. Since then, the company's share price on the BSE has recovered some value and closed at Rs 637 on Wednesday.

At 34,457, India's new caseload remains less than 50K for 55 days

At 34,457, India's new caseload remains less than 50K for 55 days

Rediff.com21 Aug 2021

A single-day rise of 34,457 Covid-19 cases pushed India's tally to 3,23,93,286 on Saturday, while the number of active cases declined to 3,61,340, the lowest in 151 days, according to Union health ministry data.

India records lowest number of active Covid cases in 150 days

India records lowest number of active Covid cases in 150 days

Rediff.com20 Aug 2021

India logged 36,571 new coronavirus infections, taking the total tally of Covid-19 cases to 3,23,58,829, while the national recovery rate improved to 97.54 per cent, the highest since March 2020, according to the Union health ministry data updated on Friday.

Indian Army shows off its military might

Indian Army shows off its military might

Rediff.com15 Jan 2021

India is celebrating its 73rd Army Day on Friday. All Army Command headquarters celebrate Army Day to commemorate the country's soldiers. The day marks when Lt Gen K M Carriappa took over as commander-in-chief of the Indian Army from General Francis Butcher, the last British commander-in-chief of India, in 1949.

India's Covid recovery rate improves to 97.52%

India's Covid recovery rate improves to 97.52%

Rediff.com18 Aug 2021

The active cases declined to 3,67,415, the lowest in 148 days, and comprise 1.14 per cent of the total infections, the lowest since March 2020.

TCS Q3 net profit rises 12.2%; board approves Rs 18,000-cr share buyback

TCS Q3 net profit rises 12.2%; board approves Rs 18,000-cr share buyback

Rediff.com12 Jan 2022

Tata Consultancy Services (TCS) on Wednesday reported a 12.2 per cent rise in its consolidated net profit to Rs 9,769 crore for the December 2021 quarter, and announced Rs 18,000-crore buyback offer for its shareholders at Rs 4,500 per scrip. The country's largest software services firm had logged a net profit of Rs 8,701 crore in the year-ago period. Revenue of the Mumbai-based firm grew 16.3 per cent in the quarter under review to Rs 48,885 crore from Rs 42,015 crore in the corresponding period last fiscal, TCS said in a regulatory filing.

Active Covid cases in country lowest in 216 days

Active Covid cases in country lowest in 216 days

Rediff.com15 Oct 2021

The death toll climbed to 4,51,814 with 379 fresh fatalities, according to the data updated at 8 am.

India records 46,759 COVID-19 cases; positivity rate below 3% for last 33 days

India records 46,759 COVID-19 cases; positivity rate below 3% for last 33 days

Rediff.com28 Aug 2021

The number of active cases has now increased to 3,59,775 which comprises 1.10 per cent of the total infections. The national COVID-19 recovery rate was recorded at 97.56 per cent, the Union health ministry said.

Active Covid cases in India lowest in 205 days

Active Covid cases in India lowest in 205 days

Rediff.com8 Oct 2021

With 21,257 people testing positive for the coronavirus infection in a day, India's total tally of cases rose to 3,39,15,569, while the number of active cases declined to 2,40,221, the lowest in 205 days, according to data updated by the Union health ministry on Friday.

India records 11,067 new Covid cases, 94 deaths

India records 11,067 new Covid cases, 94 deaths

Rediff.com10 Feb 2021

India's tally of COVID-19 cases rose to 1,08,58,371 with 11,067 new infections, while fresh fatalities remained below 100 for the fifth consecutive day, according to the Union health ministry data updated on Wednesday.

Petrol, diesel prices hiked; more to come

Petrol, diesel prices hiked; more to come

Rediff.com28 Sep 2021

The price of petrol was hiked to Rs 101.39 a litre in Delhi from Rs 101.19 and to Rs 107.47 per litre in Mumbai, according to a price notification of state-owned fuel retailers. Diesel rates went to Rs 89.57 a litre in Delhi and Rs 97.21 in Mumbai.

Sensex tumbles 549 points; Nifty drops below 14,450

Sensex tumbles 549 points; Nifty drops below 14,450

Rediff.com15 Jan 2021

Tech Mahindra was the top loser in the Sensex pack, shedding over 4 per cent, followed by HCL Tech, ONGC, Asian Paints, UltraTech Cement and HDFC. On the other hand, Bharti Airtel, ITC, Bajaj Auto and Bajaj Finance were the gainers.

India records 22,854 new Covid cases, highest daily tally this year

India records 22,854 new Covid cases, highest daily tally this year

Rediff.com11 Mar 2021

The number of people who have recuperated from the disease surged to 1,09,38,146 which translates to a national COVID-19 recovery rate of 96.92 per cent, while the case fatality rate stands at 1.40 per cent, the data stated.

Sensex, Nifty spurt to 2-month highs on decline in fresh COVID-19 cases

Sensex, Nifty spurt to 2-month highs on decline in fresh COVID-19 cases

Rediff.com18 May 2021

M&M was the top gainer in the Sensex pack, rallying nearly 6 per cent, followed by Bajaj Auto, Titan, Bajaj Finance, HDFC Bank and PowerGrid.

Gandhi's favourite hymn 'Abide With Me' dropped from Beating Retreat

Gandhi's favourite hymn 'Abide With Me' dropped from Beating Retreat

Rediff.com22 Jan 2022

This year's ceremony will conclude with Sare Jahan Se Acha.

Majority in poll say India well-prepared for Covid 3rd wave

Majority in poll say India well-prepared for Covid 3rd wave

Rediff.com12 Aug 2021

As many as 58 per cent of citizens surveyed feel confident that India is well prepared to handle the third wave of Covid, LocalCircles said on Thursday.

India's services sector activity hits 3-month low in Dec

India's services sector activity hits 3-month low in Dec

Rediff.com5 Jan 2022

India's services sector activity moderated in December as business activity and sales rose at a softer pace, while price pressures and the possibility of new waves of Covid-19 affected business sentiment, a monthly survey said on Wednesday. The seasonally adjusted India Services Business Activity Index fell from 58.1 in November to a three-month low of 55.5 in December. The rates of expansion moderated but were nevertheless "marked" by historical standards, the survey said.

RBI's intervention drives down 10-year bond yields to 6% level

RBI's intervention drives down 10-year bond yields to 6% level

Rediff.com11 Feb 2021

The central bank bought the 10-year bonds at 50 paise above the prevailing rate, and brought down the yields from 6.08 per cent to 6 per cent mark.

PHOTOS: How India welcomed 2020

PHOTOS: How India welcomed 2020

Rediff.com1 Jan 2020

Thousands of people held celebrations at various places throughout the night to welcome 2020.

DHFL acquisition: Piramal Group pays Rs 34,250 cr to creditors

DHFL acquisition: Piramal Group pays Rs 34,250 cr to creditors

Rediff.com30 Sep 2021

Piramal Enterprises (PEL) on Wednesday said it has completed the acquisition of Dewan Housing Finance (DHFL) by paying Rs 34,250 crore to creditors of the housing finance company. The company said the creditors of DHFL, including fixed deposit (FD) holders, would recover an aggregate amount of Rs 38,000 crore from the resolution process of DHFL. The amount comprises approximately Rs 34,250 crore to be paid by Piramal Capital and Housing Finance Ltd (PCHFL) as a combination of cash and NCDs, and an amount of approximately Rs 3,800 crore which is the entitlement of creditors as per the resolution plan from the cash balance available with DHFL, the company said.