News for 'Power Exchange India'

Sensex gains 36 points; Nifty ends in red

Sensex gains 36 points; Nifty ends in red

Rediff.com19 Jun 2024

Among the 30 Sensex companies, Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, IndusInd Bank, State Bank of India, Infosys, Wipro, Tech Mahindra and HCL Technologies were the gainers. On the other hand, Titan, Maruti, Bharti Airtel, Larsen & Toubro, NTPC, Reliance Industries, Bajaj Finance and Power Grid were among the laggards.

Modi is good for Pakistan too: Pakistani American bizman

Modi is good for Pakistan too: Pakistani American bizman

Rediff.com8 Jun 2024

Pakistani-American businessman Sajid Tarar said like India, Pakistan also needs strong leadership to handle political instability and economic issues.

Nirmalaji Ko Gussa Kyon Aata Hai?

Nirmalaji Ko Gussa Kyon Aata Hai?

Rediff.com31 Jul 2024

'The conspiracy is to end India's entrepreneurship culture even before it fully blooms.' 'Negativity is being spread in society towards all those who do business, and this hatred for business and wealth creators is spilling everywhere.'

'If You Want To Invest Directly, Ensure...'

'If You Want To Invest Directly, Ensure...'

Rediff.com27 Aug 2024

'...you evaluate three key factors before committing your money.'

Sensex ends up 75 points on buying in banking and oil stocks

Sensex ends up 75 points on buying in banking and oil stocks

Rediff.com31 May 2024

Stock markets snapped their five-day losing run on Friday with the benchmark BSE Sensex closing higher by 75 points on value-buying in banking and oil shares after recent losses. The 30-share BSE Sensex rose by 75.71 points or 0.10 per cent to settle at 73,961.31. During the session, it hit a high of 74,478.89 points and a low of 73,765.15 points.

Final order on new energy rules in two weeks

Final order on new energy rules in two weeks

Rediff.com18 Dec 2009

While power utilities and traders have generally welcomed the Central Electricity Regulatory Commission's draft regulations on renewable energy certificates (RECs), they have warned that the short supply of renewable energy (RE) may encourage speculative activity and volatility in the already tight market.

Sensex breaches 79K-mark, Nifty scales 24,000

Sensex breaches 79K-mark, Nifty scales 24,000

Rediff.com27 Jun 2024

NTPC, JSW Steel, Tata Motors, Bharti Airtel, Power Grid, Kotak Mahindra Bank and Tech Mahindra were also among the major gainers. Larsen & Toubro, Sun Pharma, Nestle, HDFC Bank and Maruti were among the laggards.

Is Modi Losing His Impact?

Is Modi Losing His Impact?

Rediff.com24 Sep 2024

Today even those who support Prime Minister Modi feel there is a certain sense of listlessness in this government. What is it intending to achieve? This is not easy to say, notes Aakar Patel.

Markets spurt nearly 1% on buying in HDFC Bank, Infosys

Markets spurt nearly 1% on buying in HDFC Bank, Infosys

Rediff.com16 May 2024

Among the Sensex components, Mahindra & Mahindra, Bharti Airtel, Tech Mahindra, Titan, Infosys, JSW Steel, Bajaj Finserv, HDFC Bank, Larsen & Toubro and Kotak Mahindra Bank were the major gainers. Maruti, State Bank of India, Power Grid, Tata Motors and IndusInd Bank were the laggards.

The Woman Who Lost Everything

The Woman Who Lost Everything

Rediff.com13 Nov 2024

When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.

MUDA issue: Cong leadership backs Siddaramaiah

MUDA issue: Cong leadership backs Siddaramaiah

Rediff.com24 Aug 2024

Days after the Karnataka governor granted sanction for the prosecution of Chief Minister Siddaramaiah in the Mysuru Urban Development Authority case, the Congress' top leadership on Friday expressed its backing for him and alleged that the Centre had unleashed a systematic assault through a 'puppet governor' to destabilise an elected government.

'Idea behind SROs is not to make them more regulatory'

'Idea behind SROs is not to make them more regulatory'

Rediff.com25 Aug 2024

'One of the aspects for transparency and fair governance is to give the industry being represented the chance of lobbying with the regulator.'

How Should Rahul Gandhi Have Spoken Abroad?

How Should Rahul Gandhi Have Spoken Abroad?

Rediff.com20 Sep 2024

'I would think that India faces less damage from opinions voiced overseas compared to the damage it suffers if the right to free speech of its citizens is curtailed in the name of image management,' asserts Shyam G Menon.

Yunus dials Modi, assures protection of Hindus, minorities in B'desh

Yunus dials Modi, assures protection of Hindus, minorities in B'desh

Rediff.com16 Aug 2024

This is the first conversation between Modi and Yunus after he assumed the responsibility following the fall of the Sheikh Hasina-led government.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

IC 814: The Kandahar Hijack Review: Gripping!!

IC 814: The Kandahar Hijack Review: Gripping!!

Rediff.com29 Aug 2024

IC 814: The Kandahar Hijack begins by asking why the hijack lasted seven days and ends in wondering if the good guys fought the bad ones hard enough, observes Sukanya Verma.

AI Policy Draft Expected in 5-6 Months

AI Policy Draft Expected in 5-6 Months

Rediff.com20 Jun 2024

'At present, we are conducting internal consultations with legal minds and other stakeholders.' 'Once we have a reasonable draft, we'll then engage in broader consultations.'

Financial Technologies' exchanges abroad under lens

Financial Technologies' exchanges abroad under lens

Rediff.com31 Aug 2013

Laxity in enforcing KYC and allied norms suspected; money laundering gaps also on probe panel's mind

Extreme training: Horn's recipe for Indian hockey win

Extreme training: Horn's recipe for Indian hockey win

Rediff.com31 Jul 2024

As India prepare for their quarter-final match, it seems that Horn's boot-camp has had its desired effect.

On Ravana's Trail

On Ravana's Trail

Rediff.com10 Aug 2024

There is definitely much more to the mythical king than his ten heads and his abduction of Sita.

'Doubts About Longevity Of Modi Govt'

'Doubts About Longevity Of Modi Govt'

Rediff.com24 Jun 2024

'I have serious doubts about the longevity of the NDA government and the longevity of the 18th Lok Sabha itself.'

Sensex sinks 1,062 points on selling in index majors

Sensex sinks 1,062 points on selling in index majors

Rediff.com9 May 2024

Asian Paints, JSW Steel, ITC, Bajaj Finance, IndusInd Bank, Tata Steel, NTPC, Bajaj Finserv, HDFC Bank, Reliance Industries and Power Grid were among the laggards. In contrast, Tata Motors, Mahindra & Mahindra, State Bank of India, Infosys and HCL Tech were the gainers.

'India should start thinking about having its own crypto exchange and crypto currency'

'India should start thinking about having its own crypto exchange and crypto currency'

Rediff.com17 Dec 2021

'India should start leveraging rather than banning crypto.'

Maruti India's gearshift to growth: Turbocharging the product portfolio

Maruti India's gearshift to growth: Turbocharging the product portfolio

Rediff.com1 Apr 2024

The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. The gains for the leader of small passenger cars have been more recent, as the company still trails the Nifty Auto over one- and two-year periods.

Sensex tanks 668 points on profit-booking

Sensex tanks 668 points on profit-booking

Rediff.com29 May 2024

Benchmark equity indices Sensex and Nifty declined nearly 1 per cent on Wednesday, falling for the fourth day running amid profit-taking by cautious investors ahead of the results of the Lok Sabha polls. The 30-share BSE Sensex declined 667.55 points or 0.89 per cent to settle at 74,502.90. It went below the 75,000 mark to hit the day's low of 74,454.55, plunging 715.9 points or 0.95 per cent.

Don't expect power cuts this summer

Don't expect power cuts this summer

Rediff.com12 Mar 2014

India's hydroelectric power generation grew 17.5 per cent to 7.5 billion units in January this year from 6.4 billion units in the same month of 2012.

What Are Quant Funds?

What Are Quant Funds?

Rediff.com16 Jul 2024

Quant funds are a unique offering in the MF space as the investment decisions are driven by a blend of active and passive strategies.

IEX to transform electricity trade in India

IEX to transform electricity trade in India

Rediff.com17 Mar 2008

Indian Energy Exchange has joined world's leading power exchanges like Powernext (France), EEX (Germany, Northern Europe), PJM (USA), JEPX (Japan and Norway's Nordpool which is the largest power exchange in the world). IEX, India's first power exchange got its approval from CERC on August 31, 2007. It is promoted by Financial Technologies Ltd & PTC financial services, a wholly owned subsidiary of PTC India Ltd. Joseph Massey, Deputy MD of MCX, is in charge of the exchange.

Sensex ends down 220 points in volatile trade

Sensex ends down 220 points in volatile trade

Rediff.com28 May 2024

From the Sensex firms, Power Grid, NTPC, Tech Mahindra, Bharti Airtel, Tata Motors, IndusInd Bank, Reliance Industries, Kotak Mahindra Bank and Maruti were among the laggards. Asian Paints, Wipro, JSW Steel, Hindustan Unilever, Bajaj Finserv and Mahindra & Mahindra were among the biggest gainers.

Channi's reference to Amritpal triggers row in LS

Channi's reference to Amritpal triggers row in LS

Rediff.com25 Jul 2024

The Lok Sabha was adjourned twice in the post-lunch period on Thursday as a war of words broke out between the treasury and opposition benches, triggered by Congress MP Charanjit Singh Channi's spat with the Bharatiya Janata Party's Ravneet Singh Bittu.

Why it won't be easy for Tesla to drive into India

Why it won't be easy for Tesla to drive into India

Rediff.com10 Mar 2024

India will not tailor its policies to suit US EV maker Tesla, and its laws and tariff rules will be formulated to attract all-electric vehicle manufacturers from across the world to set up a base in the world's fastest-growing economy, Commerce and Industry Minister Piyush Goyal said. Tesla has been seeking an initial tariff concession that would allow it to offset 70 per cent customs duty for cars priced less than $40,000, and 100 per cent for cars of higher value.

MFs Pump Rs 1.8 Trillion Into Markets

MFs Pump Rs 1.8 Trillion Into Markets

Rediff.com29 Jun 2024

Domestic institutional investors pumped Rs 2.3 trillion into equities during H1 CY24. Of this, mutual funds contributed 80%.

Sensex closes flat, Nifty slips on profit taking

Sensex closes flat, Nifty slips on profit taking

Rediff.com6 May 2024

From the Sensex basket, Kotak Mahindra Bank jumped 5 per cent after the company reported a 25 per cent growth in its March quarter net profit at Rs 5,302 crore, limited by a drop in the core income due to narrow interest margins. Tata Consultancy Services, Hindustan Unilever, Mahindra & Mahindra, Sun Pharma, Tech Mahindra and IndusInd Bank were among the other major gainers. Titan tanked 7 per cent after its March quarter earnings failed to cheer investors.

Post Sebi notice, Hindenberg hauls up Kotak's offshore fund

Post Sebi notice, Hindenberg hauls up Kotak's offshore fund

Rediff.com2 Jul 2024

Billionaire banker Uday Kotak founded bank as well as brokerage created and oversaw an offshore fund used by an unnamed investor to profit from a plunge in Adani shares that followed a damning Hindenburg report, the US short seller said on Tuesday. Hindenburg Research, which had in a January 2023 report alleged stock market manipulations and accounting fraud at the Adani group, said it has received a show cause notice from the Indian markets regulator Sebi over gains made from betting on the conglomerate's shares.

'Nuclear Has To Get Into Achche Din'

'Nuclear Has To Get Into Achche Din'

Rediff.com20 May 2024

'Chinese are going bang, bang, bang building 30-35 reactors.' 'We should announce a programme of 50 new reactors and show that we mean business on the ground and not just announcements.'

India's New Silk Route

India's New Silk Route

Rediff.com9 Oct 2023

The enduring legacy of trade routes lies in shared stories and religious diversity. Can the India-Middle East-Europe Economic corridor harness this legacy to empower nations, asks Arundhuti Dasgupta.

Related-party transactions: Rs 2.68 trn awaits shareholder nod this week

Related-party transactions: Rs 2.68 trn awaits shareholder nod this week

Rediff.com24 Jun 2024

Shareholders of industry giants Adani Enterprises, Reliance Industries, and Tata Motors - the latter two are part of the Sensex - will decide on combined related-party transactions of more than Rs 2.68 trillion proposed for this financial year and later. Related-party transactions for BSE 500 companies touched at least a six-year high of Rs 42.1 trillion in FY23, the Capitaline data shows. The Rs 42.1 trillion includes related-party transactions both at balance-sheet and profit-and-loss levels.

Will Pinarayi Vijayan Survive Ally Anvar's Attack?

Will Pinarayi Vijayan Survive Ally Anvar's Attack?

Rediff.com5 Oct 2024

At a time when none in Kerala's Left politics questioned the chief minister's authority, MLA P V Anvar hurled a series of accusations against Pinarayi Vijayan's government, notes Shyam G Menon.

Sensex jumps over 1,772 points; Nifty crosses 22K

Sensex jumps over 1,772 points; Nifty crosses 22K

Rediff.com5 Jun 2024

Among the 30 Sensex companies, Hindustan Unilever, Nestle, Asian Paints, HCL Technologies, HDFC Bank, Kotak Mahindra Bank and ITC were the biggest gainers. Larsen & Toubro, Power Grid, NTPC and State Bank of India were among the laggards.

Exports up 9% in May; trade deficit widens to 7-month high

Exports up 9% in May; trade deficit widens to 7-month high

Rediff.com14 Jun 2024

India's merchandise exports rose by 9.1 per cent to $38.13 billion in May even as the trade deficit widened to a seven-month high of $23.78 billion during the month, according to government data. Healthy growth in sectors, such as engineering, electronics, pharmaceuticals, textiles and plastics helped register growth in exports despite global economic uncertainties.