News for 'Stanley'

The Films Before They Became STARS

The Films Before They Became STARS

Rediff.com20 Sep 2021

Joginder Tuteja looks back at all the lesser known films Bollywood's leading men debuted in.

B-Schools: Consulting Tops Interns Hires

B-Schools: Consulting Tops Interns Hires

Rediff.com9 Nov 2022

...followed by financial services, IT, and sales and marketing.

Mid-and small-caps to out-perform in 2021: Analysts

Mid-and small-caps to out-perform in 2021: Analysts

Rediff.com19 Nov 2020

Portfolio returns, say analysts at Morgan Stanley, are more likely to be driven by bottom-up stock-picking rather than top-down macro forces.

The Gray Man Review

The Gray Man Review

Rediff.com22 Jul 2022

The Gray Man is mindless fun, worth your monthly Netflix subscription, notes Aseem Chhabra.

Indian equity markets join elite list; record new all-time highs

Indian equity markets join elite list; record new all-time highs

Rediff.com8 Jun 2021

Domestic equity markets are in elite company. In May, Indian markets joined select developed markets (DMs) such as the US, UK and Germany to record new all-time highs. Among emerging markets (EMs), Brazil is the other market to have logged new highs this month. Asian peers such as South Korea, Taiwan and New Zealand are currently between 2 per cent and 10 per cent below their previous highs made earlier this year. The domestic markets were among the worst-performing major global markets in April amid a lethal second-wave of covid-19 infections.

Covovax nod to boost vaccination drive in India: SII

Covovax nod to boost vaccination drive in India: SII

Rediff.com28 Dec 2021

Vaccine major Serum Institute of India on Tuesday said the approval for the COVID-19 vaccine 'Covovax' would strengthen immunization initiatives across India and various lower and middle income countries across the world.

'Forever grateful': Kohli on completing 12 years

'Forever grateful': Kohli on completing 12 years

Rediff.com18 Aug 2020

Kohli made his international debut on August 18, 2008, against Sri Lanka

Does Monsoon Impact Market Returns?

Does Monsoon Impact Market Returns?

Rediff.com6 May 2022

Many years during which monsoons were poor saw high returns, while normal or excess rainfall has also coincided with poor calendar year gains.

Policybazaar's Rs 5.8k-crore IPO to open on Nov 1

Policybazaar's Rs 5.8k-crore IPO to open on Nov 1

Rediff.com27 Oct 2021

PB Fintech, the parent of Policybazaar and Paisabazaar, has set a price band of Rs 940-950 apiece for its initial public offering (IPO), which will open on November 1 and close on November 3. The company may be valued at around Rs 44,000 crore, and looking to raise an amount of around Rs 5,826 crore. The IPO comprises a fresh issue of Rs 3,750 crore, along with an offer for sale (OFS) of Rs 1959.72 crore by existing promoters and shareholders.

7 spooky thrillers to read on Halloween

7 spooky thrillers to read on Halloween

Rediff.com31 Oct 2020

These books are sure to send a chill down your spine!

What Was The Secret Of Rakesh Jhunjhunwala's Success?

What Was The Secret Of Rakesh Jhunjhunwala's Success?

Rediff.com15 Sep 2022

His advice was to always start with small positions because we are bound to make mistakes; and remain humble because the markets can be merciless, remembers Debashis Basu.

Zomato files papers with Sebi for Rs 8250 cr IPO

Zomato files papers with Sebi for Rs 8250 cr IPO

Rediff.com28 Apr 2021

Food delivery platform Zomato has filed preliminary papers with capital market regulator Securities and Exchange Board of India (Sebi) to raise Rs 8,250 crore through an initial share-sale.

3 reasons why fall in crude prices won't benefit India

3 reasons why fall in crude prices won't benefit India

Rediff.com10 Mar 2020

Usually, a fall in oil prices is followed with a cut in retail prices of auto fuels and the government passes on the benefit to consumers. However, Morgan Stanley believes gains this time around will remain capped.

NFTs, Metaverse prices follow crash of cryptos

NFTs, Metaverse prices follow crash of cryptos

Rediff.com25 May 2022

However, NFTs and Metaverse are in their first-generation (Gen 1) or initial phase and the market is filtering the assets from the point of view of their worthiness. NFTs having real artistic value have not participated as much in the fall. Some innovations are also happening or expected going ahead, which will take this asset class to the next phase.

Why rally in RIL stock may not be over just yet

Why rally in RIL stock may not be over just yet

Rediff.com17 Jun 2020

Multiple triggers such as asset sales, pickup in energy cash flows, increased traction in omni-channel retail, and rise in ARPUs could further drive the stock.

How Airtel took a long call on profit by focusing on costs and customers

How Airtel took a long call on profit by focusing on costs and customers

Rediff.com20 Jun 2022

Six consecutive profitable quarters after an equal number of losses - for Bharti Airtel, the turnaround has been quick. But it is not a result of higher tariffs or absence of exceptional items alone. Execution and strategy are playing a part, too. Bharti Airtel's chief executive officer Gopal Vittal summed it up in a post-result conference call last month. "We track the profit in each of our 237,500 (cell) sites.

FPI inflow crosses $30 bn in FY21, highest investment in a FY since 2013

FPI inflow crosses $30 bn in FY21, highest investment in a FY since 2013

Rediff.com4 Feb 2021

Thus far in FY21, BSE, NSE have rallied 70 per cent and 71 per cent, respectively.

Nykaa IPO fetches a fat pay cheque of Rs 148 cr for investment bankers

Nykaa IPO fetches a fat pay cheque of Rs 148 cr for investment bankers

Rediff.com19 Nov 2021

Initial public offerings (IPOs) by start-ups are bringing cheer to investors and investment bankers alike. After food delivery company Zomato, Nykaa has issued the fattest pay cheque to the managers of its share sale -- Rs 148 crore, or 2.8 per cent of its issue proceeds of Rs 5,300 crore. In absolute terms, this is the second-highest amount paid to investment bankers for handling an IPO, while in percentage terms, it is the highest for large IPOs (>$300 million) in the last one year, shows an analysis of the data provided by Prime Database, a primary market tracker.

Reliance-Aramco deal likely if crude oil averages $65

Reliance-Aramco deal likely if crude oil averages $65

Rediff.com26 Mar 2021

A fall in crude oil price and Aramco's $75 billion annual dividend commitment may have delayed Saudi company picking a stake in Reliance Industries Ltd's oil-to-chemical unit (O2C), research firm Jefferies said. Richest Indian Mukesh Ambani had in August 2019 announced talks for the sale of a 20 per cent stake in the O2C business, which comprises its twin oil refineries at Jamnagar in Gujarat and petrochemical assets, to the world's largest oil exporter. The deal was to conclude by March 2020 but has been delayed for reasons not disclosed by either company.

Another cheque for Mukesh's Reliance Retail

Another cheque for Mukesh's Reliance Retail

Rediff.com23 Sep 2020

Investment by US PE firm KKR will add fire to Ambani's battle for dominance in the retail market that is also being eyed by Jeff Bezos' Amazon and Walmart's Flipkart.

Why India is in a dubious list

Why India is in a dubious list

Rediff.com26 Feb 2020

This must be the first time in India's history that it has found itself bracketed with countries in a category which political scientists will not rate very highly if only because the group recalls Nazi Germany as one of its most infamous past members, notes Amulya Ganguli.

'Markets are not going to be calm about elections'

'Markets are not going to be calm about elections'

Rediff.com31 Oct 2018

Coalition governments aren't necessarily a negative for the economy, though they can result in negative outcomes in the stock market if not already priced in before elections.

Funding may dry up for next 12-18 months: Unacademy CEO tells employees

Funding may dry up for next 12-18 months: Unacademy CEO tells employees

Rediff.com27 May 2022

Unacademy may see a funding dry spell for at least next 12-18 months and even last till 24 months and will cut costs to weather the lean period, said the chief executive of the education technology unicorn that recently laid off more than 600 employees. "This is a test for all of us. We must learn to work under constraints and focus on profitability at all costs. We must survive the winter," said Unacademy's co-founder and CEO Gaurav Munjal in a letter to the employees. "Winter is here. We are looking at a time when the funding will dry up for at least 12-18 months.

Carlyle sells shares worth over Rs 4,800 cr in SBI Card

Carlyle sells shares worth over Rs 4,800 cr in SBI Card

Rediff.com18 Jun 2021

Private equity major Carlyle group on Friday sold shares worth over Rs 4,800 crore in SBI Cards and Payment Services and its nominee stepped down from the company's board. CA Rover Holdings (CARH), a subsidiary of Carlyle group, offloaded more than 4.7 crore shares of SBI Cards and Payment Services Ltd (SBI Card) worth about Rs 4,811 crore through open market transactions on BSE and NSE. With the latest sale of shares, the group's shareholding in the company fell below 10 per cent, following which its nominee director on SBI Card's board -- Sunil Kaul -- stepped down.

Oil retreats, still above $100; no supply shocks for India

Oil retreats, still above $100; no supply shocks for India

Rediff.com25 Feb 2022

International oil prices retreated from an over seven-year high but was still above $100 a barrel and continue to pose threat to India's inflation rate and current account deficit. While there are no supply concerns as the oil route remained open, consumers will feel the pinch when PSU oil firms start passing on the increase in international rates through a revision in petrol and diesel prices, which have been on a pause for over three-and-a-half-months in view of elections in Uttar Pradesh and four other states. The government is "closely monitoring the situation" and will "take appropriate steps as and when required", a top official said. Brent crude oil surged past $105 per barrel on Thursday for the first time since August 2014, following Russia's invasion of Ukraine.

How Tanvi Gupta Created SwoonMe

How Tanvi Gupta Created SwoonMe

Rediff.com19 Aug 2022

I had about eight, nine, dating apps on my phone. But I always felt this pressure of looking good.' 'When it comes to finding romantic love, it just feels very shallow.' 'I felt it was time for something different, something non superficial.'

The T-Shirt Wars

The T-Shirt Wars

Rediff.com17 May 2022

Ajit Balakrishnan on the evolution of a cultural symbol.

At over Rs 36,000 cr, India sees record anchor investment in IPOs this year

At over Rs 36,000 cr, India sees record anchor investment in IPOs this year

Rediff.com1 Dec 2021

Foreign portfolio investors (FPIs) and mutual funds (MFs) have put in more money as anchor investors in initial public offerings (IPOs) in 2021 than any other year. FPIs' share of investments for the year stood at Rs 24,477 crore, nearly six times that put in last year and more than nine times the amount invested in 2019, the data from Prime Database showed. MFs have invested Rs 12,264 crore, four times than that invested last year and more than 10 times the investment in 2019. The total investment by FPIs and MFs put together this year is five times the amount invested last year. The amount contributed by MFs, however, is nearly half of that invested by FPIs.

How much more can the stock markets slide?

How much more can the stock markets slide?

Rediff.com29 Feb 2020

The answer to that depends on whether the globe is able to contain the virus spread, says Samie Modak.

Indian economy to grow at world's fastest pace of 9.2% in FY22

Indian economy to grow at world's fastest pace of 9.2% in FY22

Rediff.com7 Jan 2022

The Indian economy remains on track to regain its position as the world's fastest-growing major economy after official estimates on Friday put the expansion at a tempered 9.2 per cent this fiscal amid concerns over the impact of a resurgent virus on the fragile recovery. The growth in the gross domestic product (GDP) of 9.2 per cent in April 2021 to March 2022 fiscal (FY 2021-22) given by the National Statistical Office (NSO) in its first advance estimate compares with 9.5 per cent expansion forecast by the Reserve Bank of India (RBI) last month. The economy had contracted by 7.3 per cent in the previous financial year.

Soccer: Manchester United's Greenwood dropped by Nike

Soccer: Manchester United's Greenwood dropped by Nike

Rediff.com8 Feb 2022

Eriksen seeks return to 'normal life' with Brentford

Amitabh-Emraan's Chehre looks intriguing

Amitabh-Emraan's Chehre looks intriguing

Rediff.com19 Mar 2021

The trailer doesn't give away too much of the story and keeps the mystery alive, feels Namrata Thakker.

Time to Dance review

Time to Dance review

Rediff.com15 Mar 2021

Sooraj Pancholi is confident and likeable but his latest theatrical release Time to Dance is worth a digital dekko, feels Joginder Tuteja.

Indian investors can trade in select US stocks via NSE IFSC from March 3

Indian investors can trade in select US stocks via NSE IFSC from March 3

Rediff.com2 Mar 2022

From March 3, investors in India will be able to trade in select US stocks through the NSE International Exchange (NSE IFSC), a wholly owned subsidiary of the National Stock Exchange (NSE). Investors can invest in NSE IFSC receipts on US stocks, which will be in the form of unsponsored depository receipts (DRs). For a start, this will include DRs of 50 US stocks such as Apple, Alphabet, Amazon, Tesla, Microsoft, Morgan Stanley, Nike, P&G, Coca-Cola, and Exxon Mobil. Indian retail investors will be able to transact on the NSE IFSC platform under the Liberalised Remittance Scheme (LRS) limits prescribed by the Reserve Bank of India (RBI), which currently stand at $250,000 per year.

WHO clears Serum Institute's Covovax for emergency use

WHO clears Serum Institute's Covovax for emergency use

Rediff.com18 Dec 2021

'WHO issued an emergency use listing for Covovax, expanding the basket of WHO-validated vaccines against COVID-19. The vaccine is produced by the Serum Institute of India under licence from Novavax,' the world health body said in a tweet on Friday.

Zomato eyes grocery rollout, invests $100 mn in Grofers

Zomato eyes grocery rollout, invests $100 mn in Grofers

Rediff.com9 Jul 2021

Food ordering platform Zomato, whose Rs 9,375 crore IPO opens on July 14, is planning to launch a grocery section on its app soon, a senior company official said. The company recently invested USD 100 million (around Rs 745 crore) for acquiring a minority stake in grocery delivery platform Grofers. "It (grocery) is a large opportunity. The online grocery is nascent right now but is growing rapidly not just in India but across the world... "We are actively experimenting in that space and recently invested $100 million for a minority stake in Grofers, with the idea of getting more exposure to that space and building our strategies and plan around that business," Zomato CFO Akshant Goyal said.

Why RBI may keep rates unchanged in October

Why RBI may keep rates unchanged in October

Rediff.com14 Sep 2017

RBI's likely focus will shift back towards the resolution of non-performing loans in the banking system for reviving credit demand

COVID-19: Boris Johnson out of ICU, to remain in hospital

COVID-19: Boris Johnson out of ICU, to remain in hospital

Rediff.com10 Apr 2020

"The Prime Minister has been moved this evening [Thursday] from intensive care back to the ward, where he will receive close monitoring during the early phase of his recovery. He is in extremely good spirits," a Downing Street spokesperson said on Thursday.

Do you know Aamir Khan's first film?

Do you know Aamir Khan's first film?

Rediff.com26 Jun 2020

Joginder Tuteja looks at the lesser known films of these stars.

Nykaa looks to raise Rs 3,500-4,000 cr via IPO

Nykaa looks to raise Rs 3,500-4,000 cr via IPO

Rediff.com3 Aug 2021

FSN E-Commerce Ventures, which runs online marketplace for beauty and wellness products Nykaa, has filed preliminary papers with markets regulator Sebi to raise Rs 3,500-4,000 crore through an initial share-sale.