News for 'Power Finance Corp'

Pakistan Poll Results Stun Army

Pakistan Poll Results Stun Army

Rediff.com10 Feb 2024

The result is a big blow to the military establishment, revealing the limits of 'political engineering'. It reflected the anger of the electorate, especially its younger voters, who have spoken decisively against the persistent harassment and victimisation of Imran Khan's political party, asserts Rana Banerji, who headed the Pakistan desk at RA&W.

E-motorcycles: Bhavish Aggarwal Riding High

E-motorcycles: Bhavish Aggarwal Riding High

Rediff.com6 Oct 2023

Can Bhavish Aggarwal upend the electric two-wheeler market, which is now overwhelmingly in favour of scooters?

ASK AJIT: 'Which shares to buy short term and long term?'

ASK AJIT: 'Which shares to buy short term and long term?'

Rediff.com17 Jan 2022

Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.

Hurrah For These Women Achievers!

Hurrah For These Women Achievers!

Rediff.com22 Feb 2024

More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.

The 'largest investor' in NSEL who exited unscathed

The 'largest investor' in NSEL who exited unscathed

Rediff.com7 Aug 2014

Allegations of a particular market player being favoured over others were flying thick and fast in the early days of the scam.

Sensex, Nifty close marginally down in volatile trade

Sensex, Nifty close marginally down in volatile trade

Rediff.com28 Mar 2023

Among the Sensex firms, Tech Mahindra, Tata Motors, Bharti Airtel, Wipro, Bajaj Finserv, HCL Technologies, Bajaj Finance, Larsen & Toubro, Mahindra & Mahindra and UltraTech Cement were the biggest laggards. IndusInd Bank, Power Grid, HDFC Bank, ICICI Bank, NTPC, Reliance Industries, HDFC and Tata Steel were the prominent winners.

Stocks You Must AVOID or EXIT

Stocks You Must AVOID or EXIT

Rediff.com26 Apr 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Govt's stake sale plans set for a Diwali boost

Govt's stake sale plans set for a Diwali boost

Rediff.com24 Jul 2014

The government's disinvestment programme is set to get a boost this Diwali, with the finance ministry planning to hit the market to sell a five per cent stake in Steel Authority of India Ltd (SAIL) by October.

Sitharaman unveils Rs 6 lakh cr stimulus, more to follow

Sitharaman unveils Rs 6 lakh cr stimulus, more to follow

Rediff.com13 May 2020

Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral free automatic loan for businesses, including MSMEs, to benefit 45 lakh small businesses. Detailing parts of the Rs 20 lakh crore economic stimulus package, she said this loan will have a 4-year tenure and will have 12-month moratorium, she said.

Govt starts search for 27 PSU board members

Govt starts search for 27 PSU board members

Rediff.com17 Jul 2008

The Public Enterprises Selection Board, which advises and helps government in selection of board members at public sector firms, has started the recruitment process for at least 27 board positions of various PSEs, a number of which have already fallen vacant. Among the Chairman or CMD level vacancies, for which applications are being sought, the positions of HAL Chairman and CMDs at HSL, ECIL, MSTC, STC and BEL would fall vacant between April-June next year.

SC ruling on individual guarantors brings top industrialists under IBC ambit

SC ruling on individual guarantors brings top industrialists under IBC ambit

Rediff.com22 May 2021

The verdict, upholding Centre's November 15, 2019, notification bringing personal guarantors of corporate debtors under the net of the IBC, assumes significance in view of the fact that various high-profile industrialists may now face insolvency proceedings along with their debt-ridden firms under the IBC.

Why Finance Minister Jaitley disappointed Defence Minister Jaitley

Why Finance Minister Jaitley disappointed Defence Minister Jaitley

Rediff.com15 Jul 2014

The finance minister hiked the total defence expenditure from Rs 203,672 crore in FY 2013-2014 to Rs 229,000 crore for FY 2014-2015. Though the increase appears substantial, it is insufficient to undertake the military modernisation necessary to meet the emerging threats, feels Brigadier Gurmeet Kanwal (retd).

Govt asks market regulator to relax FPO norms

Govt asks market regulator to relax FPO norms

Rediff.com18 Aug 2014

Move aimed at boosting retail investor participation in disinvestment.

Disastrous Decisions, Achievements: Pervez Musharraf's Mixed Legacy

Disastrous Decisions, Achievements: Pervez Musharraf's Mixed Legacy

Rediff.com6 Feb 2023

Learning perhaps from the Kargil debacle, Musharraf tried hard to evolve as a statesman in his dealings with India, recalls Rana Banerji, who headed the Pakistan desk at RA&W.

RIL spearheads Sensex recovery rally; finishes 243 points higher

RIL spearheads Sensex recovery rally; finishes 243 points higher

Rediff.com12 Jun 2020

M&M was the top gainer in the Sensex pack, rallying around 7 per cent, followed by Bajaj Finance, Hero MotoCorp, RIL, Titan and Bajaj Auto. On the other hand, ONGC, Tech Mahindra, PowerGrid, Infosys and Kotak Bank were among the laggards.

Bulls take a breather as Sensex, Nifty end flat

Bulls take a breather as Sensex, Nifty end flat

Rediff.com24 Sep 2019

On the Sensex chart, major laggards were SBI, Axis Bank, L&T, Hero MotoCorp, Asian Paints, ONGC, Tata Steel and Bajaj Finance -- dropping up to 3.56 per cent. Among the top gainers were Infosys, RIL, TechM, Tata Motors, Maruti, PowerGrid, HCL Tech, TCS and Yes Bank - rising up to 3.78 per cent.

Sensex sinks 709 pts on global selloff; Nifty closes below 10k

Sensex sinks 709 pts on global selloff; Nifty closes below 10k

Rediff.com11 Jun 2020

SBI was the top laggard in the Sensex pack, dropping over 5 per cent, followed by Sun Pharma, Maruti, Bajaj Finance, Tata Steel, Axis Bank and ICICI Bank. On the other hand, IndusInd Bank, Hero MotoCorp and PowerGrid were among the gainers.

Ask Ajit: 'Want to invest Rs 2 lakhs, please advise'

Ask Ajit: 'Want to invest Rs 2 lakhs, please advise'

Rediff.com22 Nov 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

3 big-ticket divestments: Govt to sell stake in BPCL, SCI, Concor

3 big-ticket divestments: Govt to sell stake in BPCL, SCI, Concor

Rediff.com20 Nov 2019

At the same time, the Cabinet approved reducing government's stake in select PSUs such as IOC to below 51 per cent while continuing to retain management control.

Sensex tanks 811 points in fag-end selloff

Sensex tanks 811 points in fag-end selloff

Rediff.com17 Mar 2020

Top losers in the Sensex pack included ICICI Bank, IndusInd Bank, Bajaj Finance, Kotak Bank, HDFC, Infosys and SBI. On the other hand, HUL, Hero MotoCorp, PowerGrid, Maruti and Asian Paints were among the gainers. NSE Nifty slumped 230.35 points or 2.50 per cent to close at 8,967.05.

'Adani Group is a man-made disaster in the making'

'Adani Group is a man-made disaster in the making'

Rediff.com27 Jan 2023

In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.

Sensex sinks nearly 250 points; Nifty ends below 11,900

Sensex sinks nearly 250 points; Nifty ends below 11,900

Rediff.com10 Dec 2019

Market benchmark BSE Sensex declined over 247 points on Tuesday to close at 40,239 as heavy selling emerged mainly in power, oil & gas and IT stocks amid a strengthening rupee. Yes Bank was the biggest loser in the Sensex pack with 10.05 per cent fall, followed by PowerGrid, IndusInd Bank, NTPC, ITC, TCS, Axis Bank, Hero MotoCorp, M&M and HCL Tech, which lost up to 2.66 per cent. On the other hand, Bajaj Finance, HUL, HDFC Bank, ICICI Bank, and Bajaj Auto gained up to 1.06 per cent.

RIL rejigs investment portfolio; focuses on bonds, deposits

RIL rejigs investment portfolio; focuses on bonds, deposits

Rediff.com1 Jun 2014

Mukesh Ambani-led RIL, which had a cash chest and marketable securities worth over Rs 90,000 crore (Rs 900 billion) at the end of the last fiscal, is known for very effectively managing its financial resources by placing them in liquid instruments and highly rated securities.

Mega share sales: Will the markets correct?

Mega share sales: Will the markets correct?

Rediff.com30 Jan 2015

When big offers hit the market, broader indices corrected 2-4%

Financial, IT stocks drag Sensex down 536 points

Financial, IT stocks drag Sensex down 536 points

Rediff.com24 Apr 2020

Bajaj Finance was the top laggard in the Sensex pack, dropping over 9 per cent, followed by Axis Bank, IndusInd Bank, HDFC, ICICI Bank and M&M. Reliance Industries, however, capped the losses by rallying over 3 per cent. Sun Pharma, Hero MotoCorp, L&T, PowerGrid and Bajaj Auto were also among the gainers.

Lankan Oppn to move no-trust motion against Gotabaya govt

Lankan Oppn to move no-trust motion against Gotabaya govt

Rediff.com8 Apr 2022

The SJB has begun to collect signatures from MPs for the no-confidence motion, according to media reports.

Will govt's divestment programme 'SAIL' through?

Will govt's divestment programme 'SAIL' through?

Rediff.com6 Dec 2014

Going by the experience of the previous years -- when the actual proceeds from stake sale were much lower than the targets -- the government's disinvestment target for 2014-15 appears too ambitious.

Cong's Manish Tewari criticises UPA govt for 26/11 response

Cong's Manish Tewari criticises UPA govt for 26/11 response

Rediff.com23 Nov 2021

In the book 10 Flashpoints: 20 years that is set to be released on December 2, the former union minister has looked back at the security situations that have impacted India in the last two decades.

Sensex rises 125 points; Yes Bank soars 13%

Sensex rises 125 points; Yes Bank soars 13%

Rediff.com11 Sep 2019

Tata Motors, Maruti, Tata Steel, Vedanta, Bajaj Auto, IndusInd Bank, SBI, Hero MotoCorp, M&M, Asian Paints, Axis Bank, RIL and L&T too jumped up to 10.21 per cent.

Sensex plunges 788 points on US-Iran tension

Sensex plunges 788 points on US-Iran tension

Rediff.com6 Jan 2020

The broader Nifty closed at 11,993.05, falling by 233.60 points, or 1.91 per cent. On the Sensex chart, Bajaj Finance was the top loser, dropping 4.63 per cent, followed by SBI, IndusInd Bank, Maruti, HDFC, Hero MotoCorp, Axis Bank, ICICI Bank and RIL

How govt plans to meet divestment target

How govt plans to meet divestment target

Rediff.com13 Feb 2018

Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19

Top posts vacant in 35 PSUs including Coal India, BSNL, NHPC

Top posts vacant in 35 PSUs including Coal India, BSNL, NHPC

Rediff.com7 Jul 2014

In all, 25 Chairman-cum-Managing Director (CMD) posts, 8 MD posts and 2 Chairman posts are lying vacant, according to a written reply by Minister of State for Heavy Industries and Public Enterprises P Radhakrishnan in the Lok Sabha.

'All my stocks are crashing. Hold them?'

'All my stocks are crashing. Hold them?'

Rediff.com3 Mar 2022

Ajit Mishra, vice president, research, Religare Broking, answers your queries.

Markets end flat; Yes Bank tanks 13%

Markets end flat; Yes Bank tanks 13%

Rediff.com13 Jun 2019

IndusInd Bank, Infosys, Maruti, Vedanta, Hero MotoCorp, Tata Motors, ONGC and RIL too fell up to 4.96 per cent.

Sensex gains 277 points; bank, auto stocks rally

Sensex gains 277 points; bank, auto stocks rally

Rediff.com6 Aug 2019

Top gainers in the Sensex pack included Yes Bank, TechM, Bajaj Finance, Bharti Airtel, Maruti, Asian Paints and Hero MotoCorp - rising up to 5.30 per cent. The 50-share Nifty ended 85.65 points, or 0.79 per cent, higher at 10,948.25 points.

Why Air Indias' privatisation sailed & BPCL's is dragging on

Why Air Indias' privatisation sailed & BPCL's is dragging on

Rediff.com19 Dec 2021

Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was sold to the Tatas.

Sensex slips 100 points, Nifty closes below 11,450

Sensex slips 100 points, Nifty closes below 11,450

Rediff.com27 Mar 2019

NTPC was the biggest loser in the Sensex pack, tumbling 2.25 per cent, followed by Tata Motors, Bharti Airtel, PowerGrid, HDFC, Reliance Industries, Hero MotoCorp and M&M that shed up to 1.85 per cent.

Sensex rises 223 points; Nifty settles near 9,000

Sensex rises 223 points; Nifty settles near 9,000

Rediff.com16 Apr 2020

NTPC was the top gainer in the Sensex pack, rallying nearly 6 per cent, followed by ICICI Bank, Titan, L&T, SBI, Sun Pharma and Nestle India. On the other hand, HCL Tech, Kotak Bank, Tech Mahindra, Hero MotoCorp and Infosys were among the laggards.

6 suggestions for Nirmala Sitharaman, India's new FM

6 suggestions for Nirmala Sitharaman, India's new FM

Rediff.com3 Jun 2019

Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.

Coal crunch: A chance to revamp, reallocate and revive

Coal crunch: A chance to revamp, reallocate and revive

Rediff.com28 Aug 2014

In the long run, the decision could bring clearer rules to a sector that has failed to provide India with enough power because it has been so hamstrung by confusion and scandals over concessions allegedly handed to government cronies.