News for 'Markets Authority'

Amid FIR against SP's Abu Azmi, his son booked in Goa

Amid FIR against SP's Abu Azmi, his son booked in Goa

Rediff.com4 Mar 2025

Abu Farhan Azmi, son of Maharashtra Samajwadi Party MLA Abu Azmi and husband of actress Ayesha Takia, has been booked by the Goa police for allegedly getting involved in a fight at a public place. The incident occurred in Candolim, North Goa, on Monday night. According to police, Farhan Azmi reportedly threatened the other group with a licensed firearm he was carrying. The police filed a case against Azmi and others under section 194 of the Bharatiya Nyaya Sanhita for disturbing public peace and causing affray.

Ola Electric: Can It Spark EV Adoption?

Ola Electric: Can It Spark EV Adoption?

Rediff.com26 Mar 2025

Why has the shift from ICE to electric slowed down despite initial enthusiasm?

Hong Kong pips India, becomes fourth-largest market

Hong Kong pips India, becomes fourth-largest market

Rediff.com2 Apr 2024

Hong Kong has regained its spot as the world's fourth-largest market following a broad market rout in Indian equities. Currently, the Chinese territory's market capitalisation stands at $4.9 trillion versus India's $4.75 trillion, according to data compiled by Bloomberg. In January, the domestic equity markets' market capitalisation had surpassed that of Hong Kong following a spectacular rally in the small- and midcap stocks.

At least 150 die as 7.7 strong quake rocks Myanmar, Thailand

At least 150 die as 7.7 strong quake rocks Myanmar, Thailand

Rediff.com29 Mar 2025

The earthquake rocked many parts of Thailand including its capital Bangkok, the venue for next week's summit of BIMSTEC regional grouping that is scheduled to be attended by Modi among other leaders.

Kerala's Alappuzha reports bird flu; under control, say authorities

Kerala's Alappuzha reports bird flu; under control, say authorities

Rediff.com23 Apr 2024

At present, the situation in Kerala is being monitored before any action can be taken, they said.

VW to drive in Golf GTI, Tiguan R-line in India

VW to drive in Golf GTI, Tiguan R-line in India

Rediff.com3 Mar 2025

German carmaker Volkswagen will be driving in its two globally acclaimed performance models Golf GTI and Tiguan R-line in India as part of its steps to enhance brand positioning in the country, a senior company official said on Monday.

Trump Tariffs: How Must India Respond?

Trump Tariffs: How Must India Respond?

Rediff.com12 Mar 2025

India should convert the Trump threat to an India opportunity, re-embracing a more liberal trade regime as a way of reviving manufacturing output and exports.

'BJP Underperformance May Trigger Market Correction'

'BJP Underperformance May Trigger Market Correction'

Rediff.com1 May 2024

'This can eventually start the end of the current market frenzy, which has lasted for a full year.'

Khakee: The Bengal Chapter Review: Entertaining Crime Saga

Khakee: The Bengal Chapter Review: Entertaining Crime Saga

Rediff.com21 Mar 2025

An upright police officer fighting wrongdoing is something we have seen umpteen times before, but Khakee: The Bengal Chapter holds our interest, thanks to a layered and complex story with a dozen of well-detailed characters, observes Mayur Sanap.

Religare: Sebi rejects open offer by US-based entity

Religare: Sebi rejects open offer by US-based entity

Rediff.com28 Jan 2025

Capital market regulator Sebi on Tuesday rejected the competing open offer made by the US-based entity Danny Gaekwad Developments & Investments for acquisition of Religare Enterprises Ltd (REL) as it did not meet necessary regulations.

'Budget Gives Middle Class Some Breathing Room'

'Budget Gives Middle Class Some Breathing Room'

Rediff.com3 Feb 2025

'But this Budget alone will not fix what ails the Indian economy.'

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Rediff.com3 Apr 2025

ONGC's overseas arm applied for a sanctions waiver to access $500 million dividend from two Venezuelan projects.

How Scammers Steal Your Money: 5 Red Flags To Watch Out For

How Scammers Steal Your Money: 5 Red Flags To Watch Out For

Rediff.com24 Mar 2025

Fraudsters read your mind, weave convincing stories, earn your trust and then vanish with people's savings. Ramalingam Kalirajan reveals five simple tricks that cons use to steal money from you.

Irdai seeks IPO road map from 10 insurers

Irdai seeks IPO road map from 10 insurers

Rediff.com19 Feb 2025

The Insurance Regulatory and Development Authority of India (Irdai) has asked at least 10 general and life insurance companies to submit a detailed road map for their listing strategies by the end of this month, according to multiple sources with direct knowledge of the matter. "The regulator met four life and six general insurers last month and asked them to provide their listing strategies by the end of February," said one of the sources.

Internet suspended, 34 held after communal clashes in Bengal's Mothabari

Internet suspended, 34 held after communal clashes in Bengal's Mothabari

Rediff.com29 Mar 2025

The situation remained tense but peaceful during the day, amid heavy police deployment in the area.

How To Stay Unaffected In A Bear Market

How To Stay Unaffected In A Bear Market

Rediff.com5 Feb 2024

Once a quality stock has been bought, the next challenge is to hold on to it -- no mean feat in this age of information overload and incessant noise.

'Markets Are Too Confident, Excited, Aggressive'

'Markets Are Too Confident, Excited, Aggressive'

Rediff.com29 Apr 2024

'The main worry is lots of new investors coming into the markets in order to make a quick buck/easy money.' 'Those things are happening again and have happened in the past as well.' 'All that has led to problems.' 'We are not there yet, but will get there eventually.'

Trump announces Rana's extradition in joint presser with Modi

Trump announces Rana's extradition in joint presser with Modi

Rediff.com14 Feb 2025

United States President Donald Trump on Thursday announced the extradition of the 26/11 Mumbai terror attack accused Tahawwur Rana to India and said he will face justice.

'A Great Retirement Product For Every Indian Is...'

'A Great Retirement Product For Every Indian Is...'

Rediff.com4 Apr 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

Are Indian Markets Overstretched?

Are Indian Markets Overstretched?

Rediff.com27 Feb 2024

The index is currently trading at 149 per cent of its historical P/B valuation, surpassing its previous peak of 125 per cent made in 2020-21.

Court orders FIR against former SEBI chief Madhabi Buch

Court orders FIR against former SEBI chief Madhabi Buch

Rediff.com2 Mar 2025

A special court in Mumbai has directed the Anti-Corruption Bureau (ACB) to register a first information report (FIR) against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and five other officials in connection with alleged stock market fraud and regulatory violations.

Two Insurers Announce Investment In Bima Sugam

Two Insurers Announce Investment In Bima Sugam

Rediff.com14 Mar 2025

New India Assurance and Niva Bupa have invested in the Bima Sugam India Federation.

UP on high alert as Holi coincides with Friday namaaz; drones deployed

UP on high alert as Holi coincides with Friday namaaz; drones deployed

Rediff.com13 Mar 2025

Uttar Pradesh is on high alert as Holi coincides with Friday namaz, prompting authorities to implement additional security measures in the state, including enhanced patrolling, surveillance drones, and strict monitoring of social media. The decision follows controversial remarks made by some politicians and a police officer, raising concerns about potential incidents in mixed population localities. The administration has also decided to cover mosques to prevent them from being stained with colors, while several mosques have shifted the timing of Friday prayers.

Sebi to continue proceedings against Zee, Puneet Goenka

Sebi to continue proceedings against Zee, Puneet Goenka

Rediff.com2 Jan 2025

Markets watchdog Sebi on Thursday said it will slap a fresh show cause notice on ZEEL founder chairman Subhash Chandra, and his son Punit Goenka as it vowed to continue the investigation into alleged violation of listing norms against the media baron and his company. The order passed by Sebi's adjudicating officer said the contents of the earlier Show Cause Notice (SCN) issued to them will also be incorporated "in the SCN to be issued in the instant matter".

'Highways Infrastructure Trust's AUM to be around Rs 25,000'

'Highways Infrastructure Trust's AUM to be around Rs 25,000'

Rediff.com31 Jan 2025

'By March-end, we should have closure of the PNC portfolio. After completion of PNC acquisition.'

'Partition Should Never Have Happened'

'Partition Should Never Have Happened'

Rediff.com1 Apr 2025

'We wouldn't have had to face all this had our national leaders taken care to select a place for Sindhis and sent us there, instead of sending us all over to settle in places where the locals didn't want us.' 'They could have partitioned Sindh and given us a Sindhi state from its two Hindu-majority districts.' 'Wasn't that the logic of Partition?'

Markets wrong to hope worst of geopolitical crises over: Wood

Markets wrong to hope worst of geopolitical crises over: Wood

Rediff.com4 May 2024

Global financial markets are wrong in hoping that the worst is over in geopolitical crises such as the Iran-Israel conflict and the Russia-Ukraine war, wrote Christopher Wood, global head of equity strategy at Jefferies, in a recent note to investors called 'GREED & fear'. While most investors and the media are focused on United States (US) Federal Reserve policy and the "endless chatter" of Fed governors, Wood believes the news flow in the financial sphere "pales into complete insignificance" compared with the "tectonic shifts" going on in geopolitics.

How India can become a high-income country by 2047

How India can become a high-income country by 2047

Rediff.com28 Feb 2025

India will need to grow at an average 7.8 per cent to become a high-income country by 2047, a World Bank report said on Friday. To achieve this goal India would require reforms in financial sector as well as in land and labour market, the World Bank said in its India Country Memorandum titled 'Becoming a High-Income Economy in a generation'.

More the merrier? A tale of multiple self-regulatory organisations

More the merrier? A tale of multiple self-regulatory organisations

Rediff.com7 Feb 2025

Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.

Why Sebi warned Ola Electric

Why Sebi warned Ola Electric

Rediff.com8 Jan 2025

Market regulator Sebi has warned Ola Electric Mobility for violating listing norms by sharing store expansion plans on social media before informing stock exchanges, according to a regulatory filing by the company. In a letter to the company by Sebi, shared on BSE by Ola Electric Mobility, the market regulator took exception to the dissemination of information regarding plans for a four-fold expansion of the company-owned store network by December 20, 2024.

History in Minutes: Who Betrayed Chandra Shekhar Azad?

History in Minutes: Who Betrayed Chandra Shekhar Azad?

Rediff.com28 Feb 2025

On the 94th anniversary of the revolutionary giant's martyrdom, Utkarsh Mishra revisits the events of February 27, 1931.

Budget 2025: UDAN scheme modified to connect 120 new destinations

Budget 2025: UDAN scheme modified to connect 120 new destinations

Rediff.com1 Feb 2025

To tap Indian civil aviation market's growth potential, the government on Saturday announced a modified regional air connectivity scheme UDAN (Ude Desh ka Aam Naagrik) to connect 120 new destinations, airport projects in Bihar and upgradation of infrastructure for air cargo in the Union Budget.

GST Authority Summon Insurance Intermediaries

GST Authority Summon Insurance Intermediaries

Rediff.com2 Mar 2023

At least 120 insurance intermediaries and aggregators from across the country are under scrutiny, mainly from Mumbai, Gurugram and Bengaluru.

Never discuss such individual issues: Modi on Adani issue

Never discuss such individual issues: Modi on Adani issue

Rediff.com14 Feb 2025

In November last year, an indictment was unsealed in the United States District Court for the Eastern District of New York, charging prominent Indian executives, including Chairman of the Adani Group, Gautam Adani, by linking them to an alleged bribery scheme.

Relief to Adani? Trump pauses enforcement of foreign bribery law

Relief to Adani? Trump pauses enforcement of foreign bribery law

Rediff.com11 Feb 2025

US President Donald Trump signed an executive order directing the Department of Justice to pause enforcing a nearly half-century-old law that was used to launch a bribery investigation against the Adani Group. Trump signed an order to pause enforcing of the 1977 Foreign Corrupt Practices Act (FCPA) that prohibits American companies and foreign firms from bribing officials of foreign governments to obtain or retain business.

Relief to Adani? Trump pauses foreign bribery law

Relief to Adani? Trump pauses foreign bribery law

Rediff.com11 Feb 2025

Trump signed an order to pause enforcing of the 1977 Foreign Corrupt Practices Act (FCPA) that prohibits American companies and foreign firms from bribing officials of foreign governments to obtain or retain business.

Lok Sabha election outcome can trigger stock market correction: Bernstein

Lok Sabha election outcome can trigger stock market correction: Bernstein

Rediff.com23 Apr 2024

While the markets have factored in a number close to 350 for the BJP and almost 400 for the NDA, 50 seats fewer could trigger a market correction

'Trump Won't Hesitate To Use Hard Power'

'Trump Won't Hesitate To Use Hard Power'

Rediff.com10 Mar 2025

'The touchstone is reciprocity which will be applied to friends and foes alike.' 'It will be a bitter pill to swallow.'

Short-Duration Funds: Should You Invest?

Short-Duration Funds: Should You Invest?

Rediff.com31 Jan 2025

'They are ideal for short-term financial goals like children's education or a down payment for a house.' 'They are also useful for transitional savings, such as during job switches or while starting a business.'

Lulu IPO ends with 25X oversubscription, becomes largest IPO in UAE this year

Lulu IPO ends with 25X oversubscription, becomes largest IPO in UAE this year

Rediff.com7 Nov 2024

Lulu Retail announced on Wednesday that its initial public offering (IPO) was oversubscribed 25 times across all tranches, excluding cornerstone investors, generating demand exceeding $37 billion-a record for a private sector IPO in the United Arab Emirates. The company is controlled by Kerala-based business tycoon MA Yusuff Ali. The final offer price for Lulu shares was set at AED 2.04 per share, raising a total of $1.72 billion (AED 6.32 billion), making it the largest IPO in the UAE in 2024 to date.