News for 'Rediff Archives'

Nehru's gift to Baroda queen caught in marital dispute

Nehru's gift to Baroda queen caught in marital dispute

Rediff.com15 Nov 2024

A 1951 model antique hand-made classic Rolls Royce car, a single model till date valuing more than Rs 2.5 crore at present and ordered by first prime minister Jawaharlal Nehru for the erstwhile 'maharani' of Baroda, has become a major bone of contention in a matrimonial dispute in the Supreme Court.

Infosys loses $1.5 bn mega contract; client terminates deal

Infosys loses $1.5 bn mega contract; client terminates deal

Rediff.com24 Dec 2023

IT services firm Infosys has said that a global company has decided to terminate a multi-year contract worth $1.5 billion with it. On September 14, 2023, Infosys announced a pact with a global company to offer enhanced digital experiences alongside modernisation and business operations services leveraging Infosys platforms and AI (Artificial Intelligence) solutions. In a BSE filing on Saturday, Infosys said the global company has now elected to terminate the Memorandum of Understanding (MoU) and the parties will not be pursuing the master agreement."

No fans allowed for Pakistan's WC warm-up in Hyderabad

No fans allowed for Pakistan's WC warm-up in Hyderabad

Rediff.com26 Sep 2023

Pakistan's first warm-up match ahead of the World Cup will be played behind closed doors in Hyderabad for security reasons.

Gandhi And Bose: A Complex Partnership

Gandhi And Bose: A Complex Partnership

Rediff.com23 Jan 2025

The two leaders had a complex relationship yet formed a partnership and even after their parting of ways, the two admired each other in their efforts for India's freedom.

Zimbabwe to host India for T20Is in July

Zimbabwe to host India for T20Is in July

Rediff.com6 Feb 2024

This will be the fourth time Zimbabwe will host India in a bilateral T20I series, having previously faced off in 2010, 2015 and 2016 in this format.

Bhaichung Bhutia Hangs Up Political Boots

Bhaichung Bhutia Hangs Up Political Boots

Rediff.com25 Jun 2024

'After the 2024 election results, I have had the realisation that electoral politics is simply not for me. I am therefore quitting all forms of electoral politics with immediate effect.'

Sensex tanks 1,017 pts to close at 2-week low tracking weak global trends

Sensex tanks 1,017 pts to close at 2-week low tracking weak global trends

Rediff.com6 Sep 2024

Benchmark equity indices Sensex and Nifty slumped over 1 per cent on Friday, tracking a weak trend in global markets and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tumbled 1,017.23 points or 1.24 per cent to settle at 81,183.93.

Dilli Ab Door Nahin!

Dilli Ab Door Nahin!

Rediff.com15 Jan 2025

'Delhi's streets were not alleys but an artist's canvas,' the eminent poet Mir Taqi Mir noted more than 150 years ago. Syed Firdaus Ashraf savours the sights and cuisine of the national capital.

Stock markets rebound as GST revenues hit record in April

Stock markets rebound as GST revenues hit record in April

Rediff.com2 May 2024

From the Sensex basket, Power Grid, Asian Paints, Tata Motors, Tata Steel, NTPC, Sun Pharma, Mahindra & Mahindra, HDFC Bank, Tata Consultancy Services and JSW Steel were among the major gainers. Kotak Mahindra Bank, Bharti Airtel, Axis Bank, Wipro, ICICI Bank and IndusInd Bank were among the laggards.

Vote! India's Best Wins Over Pakistan

Vote! India's Best Wins Over Pakistan

Rediff.com25 Feb 2025

A look at some of India's best victories over Pakistan in ICC tournaments.

Delhi HC dismisses Cong's pleas against tax proceedings

Delhi HC dismisses Cong's pleas against tax proceedings

Rediff.com28 Mar 2024

The Delhi high court on Thursday rejected petitions by the Congress challenging the initiation of tax reassessment proceedings against it for a period of four years by tax authorities.

Malaysia Open: Satwik-Chirag move into quarters, Srikanth loses

Malaysia Open: Satwik-Chirag move into quarters, Srikanth loses

Rediff.com11 Jan 2024

Earlier, a series of unforced errors and bad line judgements put Srikanth, world ranked 24, on the back foot as world No. 20 Ka Long looked in fine fettle during the 38-minute men's singles match.

Paris Olympics: Gagan Narang to be India's Chef de Mission

Paris Olympics: Gagan Narang to be India's Chef de Mission

Rediff.com8 Jul 2024

IOA also announced that Sindhu, India's only woman athlete to win back-to-back Olympic medals, will be the flag bearer of the Indian contingent during the opening ceremony on July 26, alongside ace table tennis player Achanta Sharath Kamal.

ED summons Mahua Moitra, Mukul Roy

ED summons Mahua Moitra, Mukul Roy

Rediff.com15 Feb 2024

The Enforcement Directorate (ED) on Thursday issued summonses to two Trinamool Congress leaders, including MP and popular Bengali actor Dev, for questioning in connection with its probes into money laundering cases, an official said.

How Many Billionaires Does India Have?

How Many Billionaires Does India Have?

Rediff.com21 Dec 2024

The number of Indian billionaires has grown by 123 per cent in the 10-year period, reaching 185 in 2024. Their wealth has grown by 263 per cent to $905.6 billion.

FMCG firms worry over high inflation; price hike likely

FMCG firms worry over high inflation; price hike likely

Rediff.com3 Nov 2024

Leading FMCG companies reported a decline in margins in the September quarter on account of higher input costs and food inflation, which ultimately slowed down the pace of urban consumption. Rising prices of commodity inputs such as palm oil, coffee and cocoa were also accentuated and some FMCG firms have hinted at a price hike. HUL, Godrej Consumer Products Ltd (GCPL), Marico, ITC, and Tata Consumer Products Ltd (TCPL) have expressed concerns over squeezing urban consumption, which according to industry experts forms 65-68 per cent of FMCG total sales.

13-year-old boy sent bomb threat to Delhi airport 'just for fun', detained

13-year-old boy sent bomb threat to Delhi airport 'just for fun', detained

Rediff.com11 Jun 2024

The boy wanted to check whether it could be traced back to him or not, police said.

Markets fall for 2nd day on unabated foreign fund outflows

Markets fall for 2nd day on unabated foreign fund outflows

Rediff.com4 Oct 2023

Among the Sensex firms, Axis Bank fell over 4 per cent, emerging as the biggest laggard. State Bank of India, IndusInd Bank, NTPC, UltraTech Cement, Bajaj Finserv, Tata Steel, JSW Steel, Maruti and Larsen & Toubro were the other major laggards. Nestle, Hindustan Unilever, HDFC Bank, Tata Consultancy Services, Infosys, HCL Technologies, and Asian Paints were among the gainers.

HCLTech raises guidance on better-than-expected performance

HCLTech raises guidance on better-than-expected performance

Rediff.com14 Oct 2024

IT services major HCL Technologies (HCLTech) on Monday reported a 10.51 per cent increase in consolidated net profit to Rs 4,235 crore in July-September quarter of FY25, as the company raised the lower band of its growth guidance on the back of better-than-expected performance. The Noida-headquartered firm had posted a net profit of Rs 3,832 crore in the year-ago period. HCLTech increased the lower band of its revenue growth guidance to 3.5-5 per cent year-on-year in constant currency, against a guidance of 3-5 per cent in the first quarter.

Tata Tech makes bumper stock market debut; shares list with huge premium of 140%

Tata Tech makes bumper stock market debut; shares list with huge premium of 140%

Rediff.com30 Nov 2023

Shares of Tata Technologies, an arm of Tata Motors, made a dream stock market debut on Thursday, listing with a huge premium of 140 per cent, against the issue price of Rs 500. The stock of the company which provides engineering and product development digital services listed at Rs 1,199.95, registering a sharp jump of 139.99 per cent from the issue price on the BSE. It further zoomed 180 per cent to Rs 1,400.

Blow for Bangladesh! Litton Das out of Asia Cup...

Blow for Bangladesh! Litton Das out of Asia Cup...

Rediff.com30 Aug 2023

Litton Das was ruled out of the tournament because of viral fever.

How Modi Has Changed Babus

How Modi Has Changed Babus

Rediff.com4 Mar 2025

At the PMO, policies are framed by factoring in analytical perspectives, implications, sustainability, and other dimensions.

Yes Bank Q1 net profit surges 46.7% on lower provisions

Yes Bank Q1 net profit surges 46.7% on lower provisions

Rediff.com20 Jul 2024

Private sector lender Yes Bank on Saturday reported a 46.7 per cent growth in net profit to Rs 502 crore for the June 2024 quarter, helped by a reduction in provisions. The city-headquartered bank's core net interest income rose 12.2 per cent to Rs 2,000 crore. Its net interest margin stayed flat at 2.4 per cent.

Elgar Parishad case: SC grants bail to Gautam Navlakha

Elgar Parishad case: SC grants bail to Gautam Navlakha

Rediff.com14 May 2024

The Supreme Court on Tuesday granted bail to activist Gautam Navlakha in the Elgar Parishad-Maoist links case.

2.56 Lakh Crore: Why FIIs Are Selling Indian Stocks

2.56 Lakh Crore: Why FIIs Are Selling Indian Stocks

Rediff.com31 Jan 2025

'Of the 20 trading days of January till January 28, FIIs have been selling for 19 trading days'. 'When did FIIs withdraw money with this kind of intensity?' 'It never happened. It's the first. It did not happen even during the 2008-2009 financial crisis when Lehman went under.' 'Even then you did not have like a 19-day selling spree from the FIIs.'

Markets rebound on firm global trends

Markets rebound on firm global trends

Rediff.com29 Sep 2023

Among the Sensex firms, NTPC climbed over 3 per cent emerging as the biggest gainer. Tata Motors, Sun Pharma, Tata Steel, State Bank of India, UltraTech Cement, JSW Steel, Bajaj Finance, Reliance, ICICI Bank and IndusInd Bank were the other major gainers. Power Grid, HCL Technologies, Tech Mahindra, Tata Consultancy Services, Infosys and Titan were among the laggards.

Markets in bear hug; Sensex sinks over 900 points

Markets in bear hug; Sensex sinks over 900 points

Rediff.com13 Mar 2024

Equity benchmark index Sensex on Wednesday crashed over 900 points to sink below the 73,000 level due to widespread selling pressure amid a sharp fall in smallcap and midcap indices. Besides, deep losses in utility, energy and metal stocks and recent selling by foreign investors added to the gloom, analysts said. Benchmark indices started the session on a positive note, but the selling intensified during afternoon trade, with all sectoral indices ending in the red.

Markets hit all-time closing high; Sensex jumps 1,721 points

Markets hit all-time closing high; Sensex jumps 1,721 points

Rediff.com7 Jun 2024

IT and interest rate-sensitive bank, realty, and auto stocks ended with sharp gains.

IT firms may remain on recovery path in Q2

IT firms may remain on recovery path in Q2

Rediff.com11 Oct 2024

Management commentary on demand environment, and forward guidance will be in focus when Indian IT services players declare their September quarter results for financial year 2024-25 (Q2FY25). The industry is exepected to have continued on the path of recovery in Q2, similar to the preceding quarter, rather than sprint towards growth. The top four firms likely grew between 0 per cent and 4 per cent year-on-year (Y-o-Y), according to consensus estimates.

Starc can't wait for Border-Gavaskar Trophy to be back on Aus shores

Starc can't wait for Border-Gavaskar Trophy to be back on Aus shores

Rediff.com21 Aug 2024

Currently, India leads the World Test Championships table with Australia in second place.

Ahead of interim Budget, Sensex gains 612 points

Ahead of interim Budget, Sensex gains 612 points

Rediff.com31 Jan 2024

Benchmark equity indices climbed nearly 1 per cent on Wednesday on buying in HDFC Bank and Reliance Industries. Investors are eyeing the two important events lined up ahead -- the interim budget and the US Fed interest rate decision -- to derive further cues from. Recovering all the early lost ground, the 30-share BSE Sensex jumped 612.21 points or 0.86 per cent to settle at 71,752.11.

TDP to sit it out in Telangana Lok Sabha polls

TDP to sit it out in Telangana Lok Sabha polls

Rediff.com11 Apr 2024

The Telugu Desam Party has decided not to contest the upcoming Lok Sabha polls in Telangana, and the beleaguered party is yet to take a call on whom to support in the state, though it is part of the NDA in the neighbouring Andhra Pradesh, a senior leader of the party said.

IIT Madras, AIIMS Top NIRF List

IIT Madras, AIIMS Top NIRF List

Rediff.com13 Aug 2024

IIT Madras secured the top position out of the 10,885 institutes that took part in the NIRF's ninth edition.

New methods needed to uplist SC/STs, says judge in quota verdict

New methods needed to uplist SC/STs, says judge in quota verdict

Rediff.com1 Aug 2024

The reservation policy requires a fresh relook and new methods are needed for the uplift of people belonging to Scheduled Castes (SC), Schedule Tribes (ST) and Other Backward Classes (OBC), Supreme Court judge Justice Pankaj Mithal said on Thursday.

Pakistan issues visas to Indian Davis Cup team

Pakistan issues visas to Indian Davis Cup team

Rediff.com28 Jan 2024

The Indian Davis Cup squad will travel to Pakistan for the first time since 1964. India defeated Pakistan 4-0 in their most recent neutral site match in 2019.

India's services sector growth eases in February

India's services sector growth eases in February

Rediff.com5 Mar 2024

The services sector growth in India moderated in February amid softer expansions in business activity, sales and jobs, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Services Business Activity Index registered 60.6 in February, down from 61.8 in January. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

Emergency: What Priyanka Gandhi Told Kangana

Emergency: What Priyanka Gandhi Told Kangana

Rediff.com8 Jan 2025

'Indira Gandhi was a very weak person,' Kangana claimed. 'She had many crutches around and was constantly seeking validation.'

The Finance Minister Who Changed India

The Finance Minister Who Changed India

Rediff.com28 Dec 2024

Dr Manmohan Singh first embossed himself on the national consciousness when as India's finance minister he flagged off economic reforms which changed this nation forever.

Does Arthritis Affect Young People Like Saina Nehwal?

Does Arthritis Affect Young People Like Saina Nehwal?

Rediff.com4 Sep 2024

Arthritis affects people of all ages, including those in their 20s and 30s, says Dr Prashant Kamble, consultant-orthopedics at the Sir HN Reliance Foundation Hospital, Mumbai.

Duleep Trophy: Can Agarwal make his case for India comeback?

Duleep Trophy: Can Agarwal make his case for India comeback?

Rediff.com11 Sep 2024

In the absence of national regulars, the focus will shift on the likes of Rinku, who was surprisingly not picked for the first round despite having an impressive first-class record.