News for 'Shailesh Andrade'

More than two dozen companies do the vanishing act

More than two dozen companies do the vanishing act

Rediff.com2 Feb 2023

The companies on the list are from sectors including trading, finance, packaging, textile, realty, and others. Trading and finance companies account for half-a-dozen companies each.

Sensex falls 155 points on profit-booking, global cues

Sensex falls 155 points on profit-booking, global cues

Rediff.com10 Aug 2018

The NSE Nifty too lost 41.20 points, or 0.36 per cent, to finish at 11,429.50.

Sensex jumps 362 pts post RBI policy; Nifty tops 11,200

Sensex jumps 362 pts post RBI policy; Nifty tops 11,200

Rediff.com6 Aug 2020

Tata Steel was the top gainer in the Sensex pack, rising around 4 per cent, followed by Infosys, Bajaj Finance, TCS, HCL Tech, ICICI Bank and Tech Mahindra. On the other hand, Bharti Airtel, M&M, L&T and Axis Bank were among the laggards.

Highlights of RBI's monetary policy

Highlights of RBI's monetary policy

Rediff.com6 Aug 2020

Rs 5,000 crore additional liquidity facility to be provided by the National Housing Bank to boost liquidity in housing sector, the RBI said.

'NPA recoveries has helped to reduce credit cost'

'NPA recoveries has helped to reduce credit cost'

Rediff.com11 Feb 2024

'For the first time ever it has come below 1 per cent, at 0.97 per cent.'

Aditya Puri sells 7.42 million shares in HDFC Bank for Rs 843 cr

Aditya Puri sells 7.42 million shares in HDFC Bank for Rs 843 cr

Rediff.com27 Jul 2020

Puri will hang up his boots this October as he will reach the maximum age limit of 70 for a chief executive officer of a private bank. Puri has been at the helm of HDFC Bank for the past 26 years, since its inception in 1994.

PHOTOS: Mumbai slows down as rains lash city

PHOTOS: Mumbai slows down as rains lash city

Rediff.com18 Jun 2015

On Thursday, the city witnessed traffic jams due to heavy rains.

Sebi bans 85 entities from capital mkts for fraudulent trading

Sebi bans 85 entities from capital mkts for fraudulent trading

Rediff.com6 Sep 2021

Sebi on Monday barred total 85 entities, including Sunrise Asian Ltd, from the capital markets for up to one year for manipulating the company's share price. In its order, the regulator restrained Sunrise Asian and its then five directors from the capital markets for one year and the 79 connected entities for six months. The Securities and Exchange Board of India (Sebi) had conducted an investigation in the scrip of Sunrise Asian for the period from October 16, 2012 to September 30, 2015, based on a reference received from the Principal Director of Income Tax (Investigation), Kolkata.

HDFC Bank Q2 puts levers in place to undo stock underperformance: Analysts

HDFC Bank Q2 puts levers in place to undo stock underperformance: Analysts

Rediff.com25 Oct 2023

Weakness in HDFC Bank's net interest margin (NIM) might have bottomed out in the July-September quarter (Q2-FY24), analysts said on Tuesday, as most of the merger-related one-time adjustments have been done. The bank, they believe, should be able to grow from here on, allowing the stock to reverse its underperformance. "The weak NIM print was not unexpected given the merger and regulatory impact caused by the incremental cash reserve ratio (ICRR; 5-10 bps for the quarter).

Sensex soars 750 points as investors cheer Q3 GDP data

Sensex soars 750 points as investors cheer Q3 GDP data

Rediff.com1 Mar 2021

Top performers were PowerGrid, ONGC, Ultratech Cement, Asian Paint, Kotak Bank and Titan. Nifty settled with a gain of 232.40 points at 14,761.55.

Sensex advances 187 points on gains in financial stocks

Sensex advances 187 points on gains in financial stocks

Rediff.com7 Jul 2020

On the Sensex chart, Bajaj Finance was the top gainer, rallying around 8 per cent, followed by IndusInd Bank, Bajaj Finserv, Infosys, ICICI Bank, Axis Bank and HCL Tech. On the other hand, NTPC, ITC, PowerGrid and Tata Steel were among the laggards.

Sensex jumps 178 points; Nifty reclaims 10,600 level

Sensex jumps 178 points; Nifty reclaims 10,600 level

Rediff.com3 Jul 2020

Bharti Airtel was the top gainer in the Sensex pack, rallying around 4 per cent, followed by Bajaj Auto, TCS, Titan, HCL Tech and Reliance Industries. On the other hand, IndusInd Bank, Tata Steel and HDFC Bank were among the laggards.

Sensex surges 563 points as RIL, HDFC twins shine

Sensex surges 563 points as RIL, HDFC twins shine

Rediff.com17 Jan 2023

Equity benchmarks shrugged off lacklustre global cues to clock smart gains on Tuesday, buoyed by strong buying interest in index heavyweights Reliance Industries and HDFC twins. However, a depreciating rupee and unabated foreign fund outflows capped the gains, traders said. The 30-share BSE Sensex rallied 562.75 points or 0.94 per cent to settle at 60,655.72.

Sensex soars 276 points even as RBI hikes rate

Sensex soars 276 points even as RBI hikes rate

Rediff.com6 Jun 2018

The NSE Nifty, after shuttling between 10,698.35 and 10,587.50, finished the session 91.50 points, or 0.86 per cent higher at 10,684.65.

Sensex sinks 587 points; Yes Bank nosedives 14%

Sensex sinks 587 points; Yes Bank nosedives 14%

Rediff.com22 Aug 2019

According to traders, Chief Economic Adviser Subramanian's comments practically ruling out a stimulus package for the economy weighed on investor sentiment.

Sensex ends at 1-month low, hit by losses for 4th day

Sensex ends at 1-month low, hit by losses for 4th day

Rediff.com10 Aug 2017

The Nifty after shuttling between 9,776.20 and 9,892.65, ended the day lower by 87.80 points or 0.89 per cent at 9,820.25.

HDFC Bank reports Q2 net profit of Rs 16,811 crore

HDFC Bank reports Q2 net profit of Rs 16,811 crore

Rediff.com16 Oct 2023

HDFC Bank on Monday reported a consolidated net profit of Rs 16,811 crore for the September quarter, its maiden quarterly earnings announcement after merging parent HDFC with itself. On a standalone basis, the largest private sector lender reported a net profit of Rs 15,976 crore. In the year-ago period, the net profit of the merged entity would have been Rs 11,162 crore on a consolidated level while the same on a standalone basis would have been Rs 10,606 crore.

Reliance Infra will be debt-free in FY21: Anil Ambani

Reliance Infra will be debt-free in FY21: Anil Ambani

Rediff.com23 Jun 2020

RInfra, which is sitting on a debt of over Rs 6,000 crore, has been working towards monetising its assets to reduce debt.

Auto sales jump 13% in FY22

Auto sales jump 13% in FY22

Rediff.com11 Apr 2022

Supply chain constraints will keep plaguing automobile companies even though demand significantly improved resulting in a 13 per cent year-on-year (YoY) increase in sales in financial year 2021-22 (FY22). Executives at auto firms fear that the Russia-Ukraine war will further dent the sector's prospects of recovery as supply chains face more disruptions. "The visibility in the supply side is so hazy that it is difficult to give even one quarter projection. But all the parameters of demand like pending bookings and enquiries are increasing.

Govt wants 4 domestic auditors to restate IL&FS books

Govt wants 4 domestic auditors to restate IL&FS books

Rediff.com8 Aug 2019

The corporate affairs ministry proposed the names of Borkar & Mazumdar & Co and MM Chitale & Co for IL&FS and IFIN respectively; and GM Kapadia & Co and CNK & Associates for IL&FS Transportation Networks.

Sensex soars 700 pts; Nifty closes above 10K-mark

Sensex soars 700 pts; Nifty closes above 10K-mark

Rediff.com18 Jun 2020

Bajaj Finance was the top gainer in the Sensex pack, climbing over 5 per cent, followed by Kotak Bank, SBI, PowerGrid, Axis Bank, HDFC Bank and Reliance Industries. On the other hand, HUL, Bharti Airtel, TCS, ONGC and Maruti were among the laggards.

The struggles of Team India's 'Super Fan' Ram Babu

The struggles of Team India's 'Super Fan' Ram Babu

Rediff.com13 Oct 2023

Ram Babu is a Mahendra Singh Dhoni fan, whose presence does not go unnoticed at the venues where Indian team competes.

Sensex ends higher in choppy trade

Sensex ends higher in choppy trade

Rediff.com23 Apr 2018

The broader NSE Nifty touched a high of 10,638.35 before settling at 10,584.70 -- up 20.65 points

Jio user? You've got the fastest 4G download speed in India!

Jio user? You've got the fastest 4G download speed in India!

Rediff.com5 Jun 2017

Taking the pole position among other operators, Reliance Jio logged download speed of 19.12 mbps during April, even bettering its own performance of 18.48 mbps demonstrated in the previous month

Sensex extends gains for 3rd day, up 162 points on global cues

Sensex extends gains for 3rd day, up 162 points on global cues

Rediff.com9 Apr 2018

The 50-share NSE Nifty stayed in the green for the most of the session and hit a high of 10,397.70, before closing at 10,379.35

HDFC Bank goes for first major rejig after merger

HDFC Bank goes for first major rejig after merger

Rediff.com4 Oct 2023

HDFC Bank has reshuffled the portfolios of its senior management team. This is the first major rejig after the amalgamation of HDFC Ltd on July 1. "The runway for our growth is large. This change is being done to bring in a very sharp focus on leveraging what we have built and for enhanced execution," said Sashidhar Jagdishan, managing director and chief executive of HDFC Bank, explaining the reason for this overhaul.

ED makes first arrests in IL&FS case

ED makes first arrests in IL&FS case

Rediff.com19 Jun 2019

Joint MD of the company Arun K Saha and MD of transportation network K Ramchand were arrested late evening in Mumbai under the Prevention of Money Laundering Act.

Sensex recovers smartly, ends up 246 points

Sensex recovers smartly, ends up 246 points

Rediff.com19 Jul 2022

Equity indices overcame a wobbly start to clock gains for the third session on the trot on Tuesday, propped up by banking, metal and energy stocks amid a mixed trend in global markets. A recovery in the rupee also bolstered sentiment, traders said. The 30-share BSE Sensex advanced 246.47 points or 0.45 per cent to settle at 54,767.62 after starting the trade on a weak note. In a volatile session, the benchmark hit a high of 54,817.52 and a low of 54,232.82 during the day.

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 jumps 474 points to settle at fresh all-time closing high of 67,572

Sensex jumps 474 points to settle at fresh all-time closing high of 67,572

Rediff.com20 Jul 2023

ITC was the biggest gainer in the Sensex pack, rising nearly 3 per cent, followed by Kotak Mahindra Bank, ICICI Bank, Maruti, Bharti Airtel, State Bank of India, Sun Pharmaceutical Industries, Axis Bank, Reliance Industries, Hindustan Unilever and JSW Steel. On the other hand, Infosys, UltraTech Cement, HCL Technologies, Bajaj Finserv, Larsen & Toubro, Titan, Tata Consultancy Services and Wipro were the laggards.

Sensex rebounds 453 points; IT stocks shine

Sensex rebounds 453 points; IT stocks shine

Rediff.com22 Dec 2020

HCL Tech was the top gainer in the Sensex pack, rallying around 5 per cent, followed by Tech Mahindra, Infosys, PowerGrid, Sun Pharma, L&T and Nestle India. NSE Nifty climbed 137.90 points or 1.03 per cent to 13,466.30.

Investor wealth tumbles Rs 6.59 lakh cr as new COVID-19 strain jolts markets

Investor wealth tumbles Rs 6.59 lakh cr as new COVID-19 strain jolts markets

Rediff.com21 Dec 2020

Investor wealth eroded by Rs 6.59 lakh crore on Monday as equities tanked after the UK reported a new strain of the COVID-19 virus. The 30-share BSE Sensex plunged 1,406.73 points or 3 per cent to close at 45,553.96. The benchmark hit an all-time high of 47,055.69 during the session. Following the sharp selling, the market capitalisation of BSE-listed firms plummeted by Rs 659,313.65 crore to Rs 1,78,79,323.05 crore.

Sensex rallies 490 points; Nifty reclaims 11,700-mark

Sensex rallies 490 points; Nifty reclaims 11,700-mark

Rediff.com24 Apr 2019

HCL Tech and ONGC were the top gainers in the Sensex, rising up to 3.40 per cent.

Banking stocks drag Sensex, Nifty down

Banking stocks drag Sensex, Nifty down

Rediff.com20 Dec 2017

The broader NSE Nifty went up to a fresh life-time high of 10,494.45, but failed to stay on the top as it slipped and closed down 19 points, or 0.18 per cent, at 10,444.20.

Financial, pharma stocks give Sensex a 359-point boost

Financial, pharma stocks give Sensex a 359-point boost

Rediff.com10 Jun 2021

On the Sensex chart, Bajaj Finance, Bajaj FinServ, SBI, IndusInd Bank, Dr Reddy's, Tech Mahindra, ITC and Kotak Bank were the prominent gainers - rising up to 7.29 per cent. NSE Nifty climbed 102.40 points to end at 15,737.75.

In best ever rebound, Sensex spurts 1,325 points at close

In best ever rebound, Sensex spurts 1,325 points at close

Rediff.com13 Mar 2020

SBI was the biggest gainer in the Sensex pack, rallying up to 12 per cent, followed by Sun Pharma, HDFC, Tata Steel, Bajaj Finance, Maruti, ICICI Bank and Bharti Airtel.

Sensex pares gains after breaching 39,000-level

Sensex pares gains after breaching 39,000-level

Rediff.com1 Apr 2019

The Sensex rally was driven by Tata Motors, Vedanta, Bharti Airtel, Maruti, Reliance Industries, Tata Steel, Larsen and Toubro and HCL Tech.

Sensex ends above 44,000-mark for 1st time; Nifty tops 12,900

Sensex ends above 44,000-mark for 1st time; Nifty tops 12,900

Rediff.com18 Nov 2020

M&M was the top gainer in the Sensex pack, soaring over 10 per cent, followed by L&T, IndusInd Bank, Bajaj Finserv, SBI, Bajaj Finance, ICICI Bank and Kotak Bank. On the other hand, HUL, ITC, Titan TCS and Bharti Airtel were among the losers.

Sensex ends 61 pts higher; SBI spurts on Yes Bank stake buzz

Sensex ends 61 pts higher; SBI spurts on Yes Bank stake buzz

Rediff.com5 Mar 2020

Top gainers in the Sensex pack included Kotak Bank, HCL Tech, HUL, TCS, Bharti Airtel, Asian Paints, Bajaj Finance and SBI, while Reliance Industries, Tech Mahindra, ICICI Bank and Infosys ended with losses.

Retail inflation rises to 7-month high of 3.58% in Oct

Retail inflation rises to 7-month high of 3.58% in Oct

Rediff.com13 Nov 2017

The rate of price rise in the vegetable segment almost doubled to 7.47 per cent as against 3.92 per cent in September.