News for 'Market'

Biocon eyes in-licensing to boost biosimilars portfolio, targets margin expansion

Biocon eyes in-licensing to boost biosimilars portfolio, targets margin expansion

Rediff.com9 May 2026

Biocon is actively seeking in-licensing opportunities to expand its biosimilars portfolio, focusing on products that complement existing therapy areas, as the company shifts to a 'consolidate' phase with a strong emphasis on improving capacity utilisation, expanding margins, and driving return on capital employed.

Stock markets recover on buying in IT, PSU bank stocks

Stock markets recover on buying in IT, PSU bank stocks

Rediff.com20 Mar 2026

Indian equity markets experienced a volatile session, with the Sensex and Nifty recovering some ground after a significant plunge the previous day. Gains were driven by PSU bank, IT, and metal stocks, but concerns over rising fuel prices and geopolitical tensions limited the recovery.

Mumbai Police Bust Mephedrone Drug Manufacturing Network

Mumbai Police Bust Mephedrone Drug Manufacturing Network

Rediff.com12 May 2026

Mumbai police have dismantled a mephedrone (MD) manufacturing network, seizing raw materials and chemicals worth Rs 4 lakh, capable of producing MD valued at Rs 100 crore. The operation prevented the flooding of the market with synthetic drugs, leading to multiple arrests and the seizure of significant quantities of MD and related equipment.

Bharat Forge: Diversified Portfolio Fuels Optimistic Growth Projections

Bharat Forge: Diversified Portfolio Fuels Optimistic Growth Projections

Rediff.com17 May 2026

Bharat Forge reported modest Q4FY26 results but provided strong guidance, anticipating significant growth from its defence, aerospace, and data centre segments, with a projected 25 per cent revenue growth in Indian manufacturing for FY27, despite current high valuations.

Want To Study At A Foreign University In India?

Want To Study At A Foreign University In India?

Rediff.com7 May 2026

Foreign universities are unlikely to gain major ground in India's higher education market in the near term, as students and families continue to prioritise return on investment over brand value in a highly price-sensitive sector.

Mathura Cop Transferred After Misbehaving With Minor, Youth

Mathura Cop Transferred After Misbehaving With Minor, Youth

Rediff.com21 May 2026

A sub-inspector in Mathura has been transferred and an inquiry ordered after videos surfaced showing him allegedly misbehaving with a minor boy and a youth. The incident sparked public outcry and prompted a departmental investigation.

2 Navy jets collide mid-air during air show in US

2 Navy jets collide mid-air during air show in US

Rediff.com18 May 2026

Two US Navy EA-18G Growler jets collided mid-air during an air show at Mountain Home Air Force Base in Idaho, with all four crew members ejecting safely before the aircraft crashed.

Huawei MatePad Pro Max: Unpacking New Tablet Features

Huawei MatePad Pro Max: Unpacking New Tablet Features

Rediff.com19 May 2026

The Huawei MatePad Pro Max features a 13.2-inch flexible OLED PaperMatte display, runs on HarmonyOS 4.3 and boasts a 50 MP rear camera, making it a versatile device for productivity and entertainment.

Bengaluru Police Arrest Five For Selling Banned Hydro Ganja

Bengaluru Police Arrest Five For Selling Banned Hydro Ganja

Rediff.com12 May 2026

Bengaluru police have arrested five individuals for selling banned Hydro Ganja, seizing 3.686 kg of the substance worth Rs 2.56 crore.

Stock Market Today March 30, 2026: Sensex tanks 1,636 points, Nifty50 Fall To 22,331

Stock Market Today March 30, 2026: Sensex tanks 1,636 points, Nifty50 Fall To 22,331

Rediff.com30 Mar 2026

Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for March 30, 2026.

Red alert issued as UP under severe heatwave; Banda boils at 47.6 degrees C

Red alert issued as UP under severe heatwave; Banda boils at 47.6 degrees C

Rediff.com22 May 2026

Uttar Pradesh is experiencing an intense heatwave, with Banda recording the highest temperature at 47.6 degrees Celsius. The IMD has issued a 'Red Colour Warning' for severe heatwave conditions. The extreme heat is disrupting daily life and economic activity, prompting government action to prevent heat-related illnesses.

West Asia conflict, crude oil prices to steer stock markets this week

West Asia conflict, crude oil prices to steer stock markets this week

Rediff.com22 Mar 2026

Analysts predict that developments in West Asia and their impact on crude oil prices will heavily influence investor sentiment in the upcoming week. Global market trends, foreign investor activity, and rupee-dollar movement will also play a role.

India's West Asia Trade Contracts for Second Month Amid Shipping Disruptions

India's West Asia Trade Contracts for Second Month Amid Shipping Disruptions

Rediff.com15 May 2026

India's trade with West Asia saw a significant decline of over 28% in April, marking the second consecutive month of contraction. This downturn is attributed to severe shipping disruptions stemming from the ongoing conflict involving the US, Israel, and Iran, particularly impacting the crucial Strait of Hormuz waterway.

Raid in Nanded Exposes Black Market LPG Operation

Raid in Nanded Exposes Black Market LPG Operation

Rediff.com16 Mar 2026

The District Supply Department in Nanded conducted a raid on a residence, uncovering an illegal stockpile of LPG cylinders and initiating legal action against the individual involved.

Delhi Man Burgles Own Home to Repay Stock Market Debt

Delhi Man Burgles Own Home to Repay Stock Market Debt

Rediff.com19 Mar 2026

A 24-year-old man in Delhi was arrested with his friend for allegedly staging a burglary at his own home to repay debts incurred from stock market trading.

Manasi Parekh's Historic Moment At Cannes

Manasi Parekh's Historic Moment At Cannes

Rediff.com13 May 2026

Manasi Parekh brought Gujarati cinema to the global spotlight at Cannes 2026 alongside husband Parthiv Gohil, marking a proud milestone for regional storytelling through their production house, Soul Sutra International.

Walmart's India Sourcing Crosses $40 Billion Mark, Bolstering Export Push

Walmart's India Sourcing Crosses $40 Billion Mark, Bolstering Export Push

Rediff.com8 May 2026

Retail giant Walmart has announced that India has become one of its fastest-growing sourcing hubs globally, with the company having procured over $40 billion worth of goods from the country. This initiative aims to expand supplier capabilities, improve compliance standards, and help Indian manufacturers scale exports worldwide.

How Delhi Police Cracked An IPhone Snatching Ring

How Delhi Police Cracked An IPhone Snatching Ring

Rediff.com14 May 2026

Delhi Police have arrested three individuals involved in a mobile phone snatching and disposal racket, primarily targeting iPhone users. The operation led to the recovery of 66 stolen mobile phones and exposed a network involved in selling stolen devices in grey markets.

How Delhi Police Cracked An IPhone Snatching Ring

How Delhi Police Cracked An IPhone Snatching Ring

Rediff.com14 May 2026

Delhi Police have arrested three individuals involved in a mobile phone snatching and disposal racket, primarily targeting iPhone users. The operation led to the recovery of 66 stolen mobile phones and exposed a network involved in selling stolen devices in grey markets.

Sexual Harassment Allegations Lead To Case Against Delhi CEO

Sexual Harassment Allegations Lead To Case Against Delhi CEO

Rediff.com8 May 2026

Delhi Police have registered a case against the CEO of a digital marketing firm following a sexual harassment complaint filed by a former intern.

20 Kg Charas Seized Off Gujarat's Kutch Coast

20 Kg Charas Seized Off Gujarat's Kutch Coast

Rediff.com13 May 2026

Police in Gujarat's Kutch district seized 20 packets of charas, each weighing one kilogram, from an island off the Jakhau port. The contraband is estimated to be worth Rs 2.5 lakh per kilogram in the international market.

Teacher Robbed Of Gold Chain In Beed District

Teacher Robbed Of Gold Chain In Beed District

Rediff.com15 May 2026

A school teacher in Beed district, Maharashtra, was robbed of a gold chain worth Rs 1.05 lakh by two men on a motorcycle, police said.

Maruti Suzuki shares gain on strong domestic outlook despite margin concerns

Maruti Suzuki shares gain on strong domestic outlook despite margin concerns

Rediff.com8 May 2026

Maruti Suzuki India's shares gained over 2.5 per cent after a strong March-quarter performance, with analysts maintaining a positive medium-term outlook driven by buoyant domestic market volumes, capacity expansion, and export growth, despite anticipated near-term margin pressures from higher commodity prices and startup costs.

Prashant Kishor moves to ashram on outskirts of Patna, to live there till...

Prashant Kishor moves to ashram on outskirts of Patna, to live there till...

Rediff.com21 May 2026

Jan Suraaj Party founder Prashant Kishor has moved to an ashram on the outskirts of Patna to continue his political activities ahead of the next assembly elections. He criticised Nitish Kumar and urged voters to prioritise their own interests.

Multi-Crore Deposit Scam Unravels In Karnataka

Multi-Crore Deposit Scam Unravels In Karnataka

Rediff.com17 May 2026

Police in Belagavi, Karnataka, have arrested the operator of Shivam Associates, accused of running a multi-crore Ponzi scheme that promised high returns to depositors. The case has been registered under the BUDS Act and KPID Act, and will be transferred to the CID for further investigation.

Investors Should Consider Buying If Markets Correct Further

Investors Should Consider Buying If Markets Correct Further

Rediff.com10 Mar 2026

A fall in the Nifty 50 to around 19,000 is not impossible, but that would likely require nuclear options to be exercised.

Why Paytm Is Steering Clear Of An NBFC Licence

Why Paytm Is Steering Clear Of An NBFC Licence

Rediff.com7 May 2026

Paytm, operated by One97 Communications, is not actively seeking a non-banking financial company (NBFC) licence, preferring partnership models for lending operations, according to its Group CFO.

DRI Seizes Cocaine Worth 13.2 Cr At Mumbai Airport

DRI Seizes Cocaine Worth 13.2 Cr At Mumbai Airport

Rediff.com16 May 2026

The Directorate of Revenue Intelligence (DRI) seized cocaine valued at 13.2 crore from two passengers in separate operations at the Chhatrapati Shivaji Maharaj International Airport.

India To Criminalise Supply Of Banned Substances To Athletes

India To Criminalise Supply Of Banned Substances To Athletes

Rediff.com21 May 2026

India is set to amend its National Anti-Doping Act to criminalise the trafficking and distribution of prohibited substances to athletes, with potential jail terms for suppliers, including medical practitioners who knowingly prescribe banned drugs. The amendments are open for public feedback until June 18 and are expected to be tabled in the monsoon session of Parliament.

The Rediff Podcast: Stay Invested When Markets Fall: Swati Khemani

The Rediff Podcast: Stay Invested When Markets Fall: Swati Khemani

Rediff.com2 Apr 2026

'Portfolios built in these phases often deliver the strongest outcomes over time.'

Three Held In Jharkhand For Trading Monitor Lizard Organs

Three Held In Jharkhand For Trading Monitor Lizard Organs

Rediff.com15 May 2026

Three individuals, including a father and son, have been arrested in Ranchi, Jharkhand, for trading reproductive organs of monitor lizards, a prohibited activity under the Wildlife (Protection) Act, 1972.

Multi-Crore Deposit Scam Unravels In Karnataka: Key Developments

Multi-Crore Deposit Scam Unravels In Karnataka: Key Developments

Rediff.com17 May 2026

Police in Karnataka have arrested an individual running a firm accused of operating a multi-crore deposit scam, attracting investments with promises of high returns. The case involves Shivaanand S Neelanavar and his firm Shivam Associates, also known as Acumen, who allegedly failed to return money to depositors after promising a 36 per cent annual return.

Stock Markets Today March 25, 2026: Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Stock Markets Today March 25, 2026: Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Rediff.com25 Mar 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

US Team Likely to Visit India in June for Crucial Trade Discussions

US Team Likely to Visit India in June for Crucial Trade Discussions

Rediff.com21 May 2026

Commerce and Industry Minister Piyush Goyal announced that a US team is expected to visit India next month for trade talks, following an earlier Indian delegation's visit to Washington, DC, in April to finalise an interim pact and advance negotiations for a broader bilateral trade agreement.

Stock Markets Today March 27, 2026: Sensex tanks 927 points, Nifty50 Falls To 23,025

Stock Markets Today March 27, 2026: Sensex tanks 927 points, Nifty50 Falls To 23,025

Rediff.com27 Mar 2026

Benchmark indices Sensex and Nifty tumbled in early trade on Friday after a two-day rally, tracking a weak trend in global peers, as the US-Iran conflict continues to be a key overhang for the markets. Track Sensex, Nifty50 movement and key market drivers for March 27, 2026.

Delhi Police Busts Interstate Cyber Fraud Ring Linked To Cambodia

Delhi Police Busts Interstate Cyber Fraud Ring Linked To Cambodia

Rediff.com20 May 2026

Delhi Police have dismantled an interstate cyber fraud syndicate with links to foreign operators in Cambodia, arresting eight individuals involved in an online investment scam. The accused, including those with advanced educational qualifications, allegedly defrauded a complainant of Rs 24 lakh through a fake online trading platform.

ITC's Net Profit Up 6.1% in Q4FY26, Driven by Cigarettes and FMCG

ITC's Net Profit Up 6.1% in Q4FY26, Driven by Cigarettes and FMCG

Rediff.com22 May 2026

ITC reported a 6.1 per cent year-on-year growth in its consolidated adjusted net profit from continuing operations, reaching ~5,469.74 crore in the January-March quarter (Q4FY26), primarily fuelled by strong performances in its cigarettes and non-cigarette fast-moving consumer goods (FMCG) businesses.

Tax changes sweeten the deal, making share buybacks attractive for Indian companies

Tax changes sweeten the deal, making share buybacks attractive for Indian companies

Rediff.com5 May 2026

Indian companies are increasingly turning to share buybacks as a preferred payout strategy, driven by recent tax framework changes that make them more tax-efficient for non-promoter shareholders and a fall in stock prices.

India To Criminalise Doping Supply Chain With Jail Terms

India To Criminalise Doping Supply Chain With Jail Terms

Rediff.com21 May 2026

The National Anti-Doping Act will be modified to criminalise trafficking and distribution of prohibited substances to athletes, with jail terms of up to five years for suppliers.

Haryana Government Takes Action Against LPG Black Marketing, Seizes Hundreds of Cylinders

Haryana Government Takes Action Against LPG Black Marketing, Seizes Hundreds of Cylinders

Rediff.com24 Mar 2026

The Haryana government is taking strict measures to combat the black marketing of cooking gas cylinders, registering FIRs and seizing hundreds of cylinders. Officials assure citizens of sufficient LPG supply despite global concerns.