News for 'OED'

Nifty may sport new look after Sebi's F&O tweak, expand to over 200 firms

Nifty may sport new look after Sebi's F&O tweak, expand to over 200 firms

Rediff.com6 Jul 2024

The Nifty 50 index is poised for a revamp as the revised futures and options (F&O) stock selection criteria is seen paving the way for newly listed companies to join the benchmark index, which is tracked by passive funds with combined assets under management of more than ~3.5 trillion ($44 billion). For the first time in six years, the market regulator Securities and Exchange Board of India (Sebi) has tweaked the stock selection process for the derivatives segment that clocks a turnover of ~400 trillion daily.

Sensex gains 320 points; Nifty ends above 24K

Sensex gains 320 points; Nifty ends above 24K

Rediff.com29 May 2025

Benchmark stock indices Sensex and Nifty rebounded on Thursday after two days of decline, mirroring a rally in global markets as a US court blocked President Donald Trump's reciprocal tariffs. The 30-share BSE Sensex climbed 320.70 points or 0.39 per cent to settle at 81,633.02.

2 years after getting $8 bn, Reliance raises $2.9 bn offshore loan

2 years after getting $8 bn, Reliance raises $2.9 bn offshore loan

Rediff.com16 May 2025

About 55 banks participated in the deal, making it the largest bank group for a syndicated loan in Asia so far this year.

Cognizant Q1 net income rises 21.4%

Cognizant Q1 net income rises 21.4%

Rediff.com2 May 2025

Information-technology (IT) services major Cognizant has kept its full-year guidance on revenue growth unchanged at 3.5-6 per cent in constant currency even as the industry is becoming cautious about macro conditions because of tariff wars.

74% rural households expect income growth in 1 yr: Survey

74% rural households expect income growth in 1 yr: Survey

Rediff.com18 Jun 2025

Around 74 per cent rural households expect their incomes to increase in the next one year, according to a bimonthly survey conducted by the National Bank for Agriculture and Rural Development (Nabard) in May 2025. The percentage recorded was 72 in March.

Bihar's Revision Of Voters List: What's Cooking?

Bihar's Revision Of Voters List: What's Cooking?

Rediff.com1 Jul 2025

'The Election Commission is conducting the National Register of Citizens in Bihar through the backdoor.'

Two veterans get French Open wild cards

Two veterans get French Open wild cards

Rediff.com13 May 2025

French veteran Richard Gasquet was also among eight men given wild-card entries.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

Cab Wars Heat Up at Airports Post BluSmart Exit

Cab Wars Heat Up at Airports Post BluSmart Exit

Rediff.com19 Jun 2025

Uber recorded approximately 200 per cent year-on-year growth in its pre-scheduled ride option, Uber Reserve.

Is BJP The 'Party-Splitter' In TN Too?

Is BJP The 'Party-Splitter' In TN Too?

Rediff.com21 Jun 2025

Successive elections since 2019 have proved that the Modi charisma and Shah's strategy does not work in Tamil Nadu. Now, they have to see next year if the DMK is capable of losing, whether to an existing NDA alliance or an expanded version, if one becomes necessary and possible!, explains N Sathiya Moorthy.

Osaka earns first grass win of the season

Osaka earns first grass win of the season

Rediff.com24 Jun 2025

Safiullin upsets Muller, Moutet through in Mallorca

'IPL Final A Magnet For Cricket Tourism'

'IPL Final A Magnet For Cricket Tourism'

Rediff.com30 May 2025

'It's clear that fans are eager to be part of the live stadium experience, reflecting a growing trend of travel driven by marquee sporting events.'

'You Don't Have To Be A Traitor In Life'

'You Don't Have To Be A Traitor In Life'

Rediff.com17 Jun 2025

'I don't have to 'kill' my best friend (on a reality show) and not even apologise.'

Hero expects EV biz to break even with 30K monthly sales

Hero expects EV biz to break even with 30K monthly sales

Rediff.com15 May 2025

Hero MotoCorp is expecting its electric vehicle (EV) business to break even once it reaches monthly sales volumes of 25,000 to 30,000 units, which is a couple of years away, Chief Financial Officer (CFO) Vivek Anand said on Tuesday. "This year, in 2024-25 (FY25), if I really look at my EV performance, our volumes have grown by 200 per cent," Anand told analysts during the company's post-results conference call.

Sebi's proposed tweaks likely to lead to big churn in F&O stocks

Sebi's proposed tweaks likely to lead to big churn in F&O stocks

Rediff.com11 Jun 2024

The market regulator's newly proposed selection criteria for the over Rs 400-trillion-a-day futures and options (F&O) market could pave the way for the entry of popular stocks such as Life Insurance Corporation (LIC) of India, Jio Financial Services, Zomato, Paytm, DMart, and Adani Energy into the derivatives segment. The Indian derivatives market, which accounts for most of the trading volumes, could see big churn with over two dozen exits from the current list of 182 stocks due to an upward revision in the eligibility thresholds.

Where You Can Watch Bhool Chuk Maaf

Where You Can Watch Bhool Chuk Maaf

Rediff.com6 Jun 2025

It's an action-packed week on OTT. Fasten your seat belts and check out these options from Sukanya Verma.

Dealers optimistic about future of cement industry

Dealers optimistic about future of cement industry

Rediff.com16 Mar 2025

After several years of consolidation and price weakness, the cement industry may be moving towards a more stable phase. Pan-Indian, average cement prices have risen through the past three months consecutively.

'I Am Dying For My Country'

'I Am Dying For My Country'

Rediff.com14 Apr 2025

It took Udham Singh 21 years to avenge the massacre of Jallianwala Bagh. And 34 years for his remains to return to India after execution in a British prison.

Kesari Chapter 2 Review: Ahistorical, But Entertaining

Kesari Chapter 2 Review: Ahistorical, But Entertaining

Rediff.com19 Apr 2025

If you disregard history and are ready to watch Kesari 2 purely as an entertainer, you are definitely going to enjoy it, feels Utkarsh Mishra.

Kesari 2: What *Really* Happened

Kesari 2: What *Really* Happened

Rediff.com16 Apr 2025

The grilling of Brigadier-General Dyer by Akshay Kumar's Sir C Sankaran Nair, as shown in Kesari 2, is purely an imaginary sequence, proves Utkarsh Mishra.

Rajkummar Cheers For Patralekhaa

Rajkummar Cheers For Patralekhaa

Rediff.com25 Apr 2025

Pratik Gandhi and Patralekhaa stepped out to watch their new film, Phule, at a special screening in Mumbai.

The Kiss Girl Hema Malini Took Panga With

The Kiss Girl Hema Malini Took Panga With

Rediff.com11 Jun 2025

'Dharmendra was paying a little extra attention to me and she didn't like it.'

RCB make IPL history: First to win every away game!

RCB make IPL history: First to win every away game!

Rediff.com28 May 2025

Royal Challengers Bengaluru accomplished an unprecedented milestone with victory over Lucknow Super Giants on Tuesday, winning all seven away matches this IPL season. They are the first-ever team to brag an unbeaten away record in a season that follows the home-and-away format.

Institutional investment in real estate jumps 31% to $1.3bn

Institutional investment in real estate jumps 31% to $1.3bn

Rediff.com5 Apr 2025

The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the first quarter of the financial year.

IPL PIX: RCB seal top-two spot; Pant ton goes in vain

IPL PIX: RCB seal top-two spot; Pant ton goes in vain

Rediff.com28 May 2025

Royal Challengers Bengaluru beat Lucknow Super Giants by six wickets and secured place in IPL Qualifier 1.

Revenue up, but TaMo profit down 51%

Revenue up, but TaMo profit down 51%

Rediff.com14 May 2025

Automotive (auto) major Tata Motors posted a 51 per cent drop in consolidated net profit for the January-March quarter (Q4) of 2024-25 (FY25), to Rs 8,470 crore, due to a deferred tax asset of almost Rs 9,000 crore in the corresponding quarter of the previous financial year and an exceptional item of Rs 566 crore during the quarter. Revenue was up just 0.5 per cent year-on-year (Y-o-Y) at Rs 1.18 trillion for Q4FY25.

Teenagers Beware: Hidden Danger Behind 'Dusting'

Teenagers Beware: Hidden Danger Behind 'Dusting'

Rediff.com11 Jun 2025

'She didn't think she'd die. It was just a trend -- a video. But it took her away in seconds.'

'Our goal is to make India 50% of overall biz'

'Our goal is to make India 50% of overall biz'

Rediff.com15 Jun 2025

'India is a very strategic geography. The business is growing over 37-38 per cent year-on-year.'

Hailstorm horror: IndiGo pilot's request to use Pak airspace rejected

Hailstorm horror: IndiGo pilot's request to use Pak airspace rejected

Rediff.com22 May 2025

An IndiGo flight from Delhi to Srinagar encountered severe turbulence after a sudden hailstorm. The pilot requested permission from Lahore Air Traffic Control to use Pakistani airspace to avoid the turbulence, but the request was rejected. The flight, carrying over 220 passengers, including Trinamool Congress MPs, landed safely at Srinagar Airport. The incident is being investigated by the Directorate General of Civil Aviation (DGCA).

Novelis expects improved outlook in near term, Q4FY25 to outperform Q3

Novelis expects improved outlook in near term, Q4FY25 to outperform Q3

Rediff.com25 Feb 2025

Novelis' Q3FY25 volume stood at 904,000 tonnes (down 1 per cent Y-o-Y, down 4 per cent Q-o-Q), due to lower VAP and automotive shipments. Revenue stood at $4.1 billion (+4 per cent Y-o-Y, down 5 per cent Q-o-Q).

IPL PIX: Marsh's century spoils Titans' top-two hopes

IPL PIX: Marsh's century spoils Titans' top-two hopes

Rediff.com23 May 2025

Gujarat Titans messed up on a golden opportunity to seal a top two spot in the league table as Lucknow Super Giants earned a consolation 33-run victory.

RBI considers fresh guidelines to curb mis-selling

RBI considers fresh guidelines to curb mis-selling

Rediff.com10 Jun 2025

Concerned over the rise in mis-selling of products by banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) is examining whether to come up with norms to curb such practices. Observing that pushing financial products, such as insurance, indiscriminately to unaware consumers may be detrimental to their well-being, RBI Deputy Governor M Rajeshwar Rao said, "We are examining whether it necessitates framing of guidelines to address mis-selling of financial products and services by REs (regulated entities)."

Car sales on slow lane in FY25 amid weak urban demand

Car sales on slow lane in FY25 amid weak urban demand

Rediff.com4 Apr 2025

Sluggish urban demand, a high base effect, and weak sales of hatchbacks and sedans weigh down passenger vehicle sales in FY25.

'Metro... In Dino Is The Life I Have Lived'

'Metro... In Dino Is The Life I Have Lived'

Rediff.com24 Jun 2025

'Very rarely does a film give you the opportunity to do this, I was constantly improvising and adding scenes on the set.'

PIX: Marmoush fires Man City into FA Cup semis

PIX: Marmoush fires Man City into FA Cup semis

Rediff.com31 Mar 2025

Manchester City came back from a goal down to beat Bournemouth 2-1 on Sunday to book their spot in the semi-finals of the FA Cup.

Q4 result preview: Banks' net profit likely fell 4% on NIM pressure

Q4 result preview: Banks' net profit likely fell 4% on NIM pressure

Rediff.com15 Apr 2025

Net profit of 19 listed banks is likely to decline by 4 per cent year-on-year (Y-o-Y) for the quarter ended March (Q4FY25) mainly due to pressure on net interest margins (NIM) as a result of rate cut by the Reserve Bank of India (RBI), according to analysts' estimates. Additionally, loan growth is expected to further slowdown amid low demand in certain secured products, stress in the unsecured segment, and a high cost to deposit (CD) ratio across the system.

Joe Biden diagnosed with 'aggressive' prostate cancer

Joe Biden diagnosed with 'aggressive' prostate cancer

Rediff.com19 May 2025

The 81-year-old Biden and his family are currently consulting with doctors to determine the best course of action.

India's Women Power At Cannes

India's Women Power At Cannes

Rediff.com16 May 2025

Oscar-winning Producer Guneet Monga Kapoor made her mark on Cannes 2025 by launching a new initiative that spotlights three rising women producers from India, part of her newly-established Women in Film India chapter, reported Variety.

Sebi may notify tighter rules for F&O trade soon

Sebi may notify tighter rules for F&O trade soon

Rediff.com5 Sep 2024

The Securities and Exchange Board of India (Sebi) is likely to notify soon stricter derivatives trading norms aimed at curbing speculative trading activity and curtailing losses of over Rs 50,000 crore incurred by retail investors every year. Based on the feedback received from industry participants, seven measures proposed by the market regulator in a consultation paper in July may be implemented with minor tweaks ahead of its forthcoming board meeting, said sources.

Nuke tests behind multiple quakes in Pak? NCS clarifies

Nuke tests behind multiple quakes in Pak? NCS clarifies

Rediff.com12 May 2025

A 4.6 magnitude earthquake shook parts of Pakistan on Monday with the epicentre located close to a prominent faultline in its Punjab province, the director of the National Center for Seismology (NCS) said.