News for 'Steele'

Sensex sinks 425 points dragged by auto stocks, foreign fund outflows

Sensex sinks 425 points dragged by auto stocks, foreign fund outflows

Rediff.com21 Feb 2025

Equity benchmark indices Sensex and Nifty ended lower on Friday, dragged by auto stocks and relentless foreign fund outflows. Weak US markets and tariff threats also dented investor sentiment. The 30-share BSE benchmark Sensex dropped 424.90 points or 0.56 per cent to settle at 75,311.06.

At least 150 die as 7.7 strong quake rocks Myanmar, Thailand

At least 150 die as 7.7 strong quake rocks Myanmar, Thailand

Rediff.com29 Mar 2025

The earthquake rocked many parts of Thailand including its capital Bangkok, the venue for next week's summit of BIMSTEC regional grouping that is scheduled to be attended by Modi among other leaders.

India looks for good trade agreement with US: Sitharaman

India looks for good trade agreement with US: Sitharaman

Rediff.com8 Mar 2025

Finance Minister Nirmala Sitharaman on Saturday said India is looking for a "good" trade agreement with the US to promote economic growth and ensure smooth supply chains. She also said that amid a growing global tariff war, India will have to move "smartly" to guard against possible dumping of goods from countries that are facing higher US tariffs.

Trump's Tariff War: India Waits, Watches

Trump's Tariff War: India Waits, Watches

Rediff.com3 Feb 2025

'We have to be prepared for the larger disruption that is likely to take place.'

'We Will Have A Mutually Beneficial Trade Agreement'

'We Will Have A Mutually Beneficial Trade Agreement'

Rediff.com18 Feb 2025

'The US has agreed to negotiate with us a mutually beneficial bilateral trade agreement, which will go for reduction of tariffs on both sides so that our trade can grow.'

Days after Uddhav met Fadnavis, Sena-UBT praises CM

Days after Uddhav met Fadnavis, Sena-UBT praises CM

Rediff.com3 Jan 2025

The Shiv Sena-Uddhav Balasaheb Thackeray, in a rare instance since the undivided Shiv Sena's fall out with the BJP in 2019, praised Maharashtra Chief Minister Devendra Fadnavis on Friday for his efforts to turn Naxal-hit Gadchiroli district into a steel city.

Sensex drops 122 points; Nifty falls to 23,045

Sensex drops 122 points; Nifty falls to 23,045

Rediff.com12 Feb 2025

Bajaj Finserv, Tata Steel, Larsen & Toubro, UltraTech Cement, Kotak Mahindra Bank and Tata Motors were among the gainers. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 4,486.41 crore on Tuesday, according to exchange data.

'India-Australia Champions Trophy final,' says this Aussie legend

'India-Australia Champions Trophy final,' says this Aussie legend

Rediff.com2 Feb 2025

The legendary Ricky Ponting says the quality of players and recent history make India and Australia the favourites to figure in the summit clash of the upcoming ICC Champions Trophy.

Prague Masters: Praggnanandhaa outwits Keymer, joins Aravindh in lead

Prague Masters: Praggnanandhaa outwits Keymer, joins Aravindh in lead

Rediff.com2 Mar 2025

Grandmaster R Praggnanandhaa scored his second victory on the trot, outwitting Vincent Keymer of Germany to join compatriot Aravindh Chithambaram at the top on three points after the end of the fourth round of the Prague Masters.

Mumbai Airport's T1 To Be Demolished In October

Mumbai Airport's T1 To Be Demolished In October

Rediff.com18 Mar 2025

Reconstruction of the terminal is expected to be completed by September 2028.

Key infra sectors' growth drops to 3.1% in Oct

Key infra sectors' growth drops to 3.1% in Oct

Rediff.com29 Nov 2024

The output of eight key infrastructure sectors expanded by 3.1 per cent in October 2024, sharply down from a 12.7 per cent growth registered in the same month last year, according to official data released on Friday.

Bullet train project completes 386 km pier foundation, 272 km viaduct

Bullet train project completes 386 km pier foundation, 272 km viaduct

Rediff.com3 Mar 2025

The Bullet Train project between Mumbai and Ahmedabad has achieved significant progress with the completion of 386 km of pier foundation and 272 km of viaduct. Track laying is expected to begin soon as all other infrastructure work is ready.

What Trump Tariffs Can India Expect On April 2?

What Trump Tariffs Can India Expect On April 2?

Rediff.com26 Mar 2025

'As negotiations continue, the path forward demands not only diplomatic skill, but also vigilance against legal asymmetries embedded in America's trade playbook.'

ISL: Red Miners down FC Goa, jump to 2nd spot

ISL: Red Miners down FC Goa, jump to 2nd spot

Rediff.com2 Feb 2025

Jamshedpur FC now have 34 points, while FC Goa tally 33.

India has lower exposure to US tariffs than APAC peers: Moody's

India has lower exposure to US tariffs than APAC peers: Moody's

Rediff.com25 Feb 2025

Moody's Ratings on Tuesday said India has a lower overall exposure to the US relative to others in the APAC region, although certain sectors such as food, textiles and pharmaceutical products face risks. Moody's said most companies in its rated portfolio are domestic-focused with limited exposure to the US market.

Stock markets rebound on value; Sensex jumps 694 pts

Stock markets rebound on value; Sensex jumps 694 pts

Rediff.com5 Nov 2024

Axis Bank, IndusInd Bank, HDFC Bank, State Bank of India, Kotak Mahindra Bank and UltraTech Cement were also among the big gainers. Adani Ports, ITC, Bharti Airtel and Asian Paints were among the laggards.

Praggnanandhaa's high-stakes battle at Prague Masters

Praggnanandhaa's high-stakes battle at Prague Masters

Rediff.com4 Mar 2025

Indian Grandmaster R Praggnanandhaa, ranked No. 8 in the world, will face American Sam Shankland in the sixth round of the Prague Masters.

How the markets will fare this week

How the markets will fare this week

Rediff.com9 Feb 2025

Investors would track a host of macroeconomic data announcements scheduled this week, including inflation numbers, and also monitor global market trends, and trading activity of foreign institutional investors, analysts said. The ongoing quarterly earnings announcements and the rupee-dollar trend would also influence the markets.

New Stocks Sink Below Issue Price

New Stocks Sink Below Issue Price

Rediff.com20 Feb 2025

On average, stocks that debuted last year are down 37 per cent from their peak levels.

'Ratan and I Were Good Chums'

'Ratan and I Were Good Chums'

Rediff.com14 Oct 2024

Arun Maira who worked for 25 years with the Tata Group, remembers his early years with Ratan Tata.

Leaders, Heed The 11-Year Rule!

Leaders, Heed The 11-Year Rule!

Rediff.com20 Mar 2025

There is a reason this 11 year phenomenon is a rule as much as it is an observation. It speaks to the nature of man and what humans are like, explains Aakar Patel.

Stock markets decline amid unabated foreign fund outflows, weak global trends

Stock markets decline amid unabated foreign fund outflows, weak global trends

Rediff.com30 Dec 2024

From the 30 blue-chip pack, Tata Motors, Titan, Tata Steel, State Bank of India, Mahindra & Mahindra, NTPC, ICICI Bank, Maruti, HDFC Bank and Infosys were among the biggest laggards. Zomato, Tech Mahindra, HCL Tech and IndusInd Bank were among the gainers.

Relentless FII selling hits market sentiments; Sensex down 200 points

Relentless FII selling hits market sentiments; Sensex down 200 points

Rediff.com14 Feb 2025

From the 30-share blue-chip pack, Adani Ports dropped over 4 per cent. UltraTech Cement, Sun Pharma, IndusInd Bank, NTPC and Tata Steel were also the among the laggards. Nestle, ICICI Bank, Infosys, Tata Consultancy Services and HCL Tech were among the gainers.

Sensex, Nifty rebound on buying in Infosys, HDFC Bank

Sensex, Nifty rebound on buying in Infosys, HDFC Bank

Rediff.com22 Jan 2025

Among Sensex shares, Infosys, Tata Consultancy Services, Tech Mahindra, Sun Pharmaceutical, Bajaj Finserv, HCL Technologies, Bajaj Finance, HDFC Bank, IndusInd Bank and Kotak Mahindra Bank were among the gainers. Tata Motors, PowerGrid, Axis Bank, State Bank of India, NTPC, Tata Steel and Adani Ports were the major laggards.

'Nazdik Dushman -- Fire!'

'Nazdik Dushman -- Fire!'

Rediff.com27 Mar 2025

All hell broke loose. He knew the enemy was close. Then he heard the deep-throated and comforting thudding as his LMG across the stream went into action. Nanavatty was relieved that his men were in the fight with spirit.

Trump posts 'reciprocal tariffs' ahead of meeting with Modi

Trump posts 'reciprocal tariffs' ahead of meeting with Modi

Rediff.com13 Feb 2025

US President Donald Trump said on Thursday that a news conference on reciprocal tariffs will be made later on Thursday.

Fundraising via equity, debt hit all-time high in 2024

Fundraising via equity, debt hit all-time high in 2024

Rediff.com10 Jan 2025

Fundraising by Indian corporates through equity and debt reached all-time high in the calendar year 2024, according to primedatabase.com. The overall public equity fundraising stood at Rs 3.7 trillion in 2024, a rise of 159 per cent from Rs 1.4 trillion in 2023. If Rights Issues of Rs 25,973 crore were to be added, the overall equity fundraising would touch nearly Rs 4 trillion in 2024.

Why Nifty tanked over 14% from its record peak

Why Nifty tanked over 14% from its record peak

Rediff.com26 Feb 2025

Equity benchmark indices are facing massive corrections, with the NSE Nifty declining over 14 per cent from its lifetime high hit in September last year due to several negative triggers like stretched valuations, foreign fund exodus, disappointing quarterly earnings and rising global trade tensions dragging markets lower. The BSE benchmark Sensex hit its record peak of 85,978.25 on September 27 last year, and the Nifty also reached a lifetime high of 26,277.35 on the same day.

'I've never seen a better 50-over player than Virat Kohli'

'I've never seen a better 50-over player than Virat Kohli'

Rediff.com25 Feb 2025

Former Australian skipper Ricky Ponting says he has not seen a "better player" than Virat Kohli in ODIs, and backed the Indian batting star to go past the legendary Sachin Tendulkar as the highest run-getter in the 50-overs' format.

RBI sees 'sequential pickup in economic activity'

RBI sees 'sequential pickup in economic activity'

Rediff.com19 Feb 2025

High frequency indicators, like vehicles sales, air traffic, steel consumption and GST E-way bills, point towards a sequential pickup in momentum of economic activity during the second half of the fiscal 2024-25 and sustain moving forward, RBI Bulletin said on Wednesday. However, a strong dollar, driven by US economic resilience and trade policy pivots, could exacerbate capital outflows from emerging economies, push risk premiums higher, and intensify external vulnerabilities, said an article on 'State of the Economy' published in RBI's February bulletin.

Markets rebound on buying in blue-chips

Markets rebound on buying in blue-chips

Rediff.com1 Jan 2025

Among Sensex shares, Maruti, Mahindra & Mahindra, Larsen & Toubro, Bajaj Finance, Tata Motors, IndusInd Bank, Asian Paints, Power Grid, HDFC Bank and Axis Bank advanced. Tata Steel, Adani Ports, Zomato, HCL Tech, State Bank of India, Hindustan Unilever and Tech Mahindra were among the laggards.

Handling fame: Gukesh prepares for increased scrutiny

Handling fame: Gukesh prepares for increased scrutiny

Rediff.com5 Jan 2025

Gukesh will have to carry with him the tag of world champion and along with it loads of expectations and increased scrutiny. But the 19-year-old is prepared to stand in the limelight.

Sensex plunges 824 pts to 7-month low as IT, oil, gas shares tank

Sensex plunges 824 pts to 7-month low as IT, oil, gas shares tank

Rediff.com27 Jan 2025

Benchmark BSE Sensex tanked 824 points to settle at a fresh seven-month low on Monday following heavy selling in IT and oil & gas shares amid weak global trends. The 30-share BSE barometer plunged by 824.29 points or 1.08 per cent to close at 75,366.17 with 23 of its constituents ending lower and seven with gains. During the day the index moved between a high of 75,925.72 and a low of 75,267.59.

FPIs Sold $10 Bn Stocks In 2025 So Far

FPIs Sold $10 Bn Stocks In 2025 So Far

Rediff.com14 Feb 2025

'Expect FPIs to continue selling for several months until the rupee stabilises.'

IRS officer, kin found dead at Kerala home; sister was facing CBI case

IRS officer, kin found dead at Kerala home; sister was facing CBI case

Rediff.com22 Feb 2025

The Kerala Police are investigating the mysterious deaths of an IRS officer, his sister, and their mother in Kochi. The officer, Maneesh Vijay, and his sister, Shalini Vijay, were found hanging inside their house, while their mother, Shakuntala Agarwal, was discovered dead on her bed. Police have not yet established a direct link between the deaths and a CBI case in which Shalini was summoned as an accused. Preliminary findings suggest the siblings died by suicide, but the cause of their mother's death is still under investigation. The family had been residing in the quarters for the past year and a half but reportedly kept to themselves, maintaining limited interaction with neighbours, police added.

What makes Essar steel sector's comeback kid

What makes Essar steel sector's comeback kid

Rediff.com21 Jun 2022

Apart from being the most successful cases under the IBC, Bhushan Steel and Essar Steel are among the best steel assets in the country. They also ended up helping their lenders get back a significant chunk of the money while allowing Tata Steel to consolidate its position and giving the world's two largest steel makers - ArcelorMittal and Nippon Steel - a strong foothold in India. A significant contrast was the pace at which these two cases were resolved under the bankruptcy code. In the annals of the Insolvency and Bankruptcy Code (IBC), Essar Steel may go down in history as the most noticeable resolution with the world's largest steelmaker, ArcelorMittal, and the incumbent, Ruia family, locked in an intense battle spanning more than two years and ultimately resulting in full recovery of the principal amount for the financial creditors.

Markets stage strong comeback; Sensex jumps 843 points

Markets stage strong comeback; Sensex jumps 843 points

Rediff.com13 Dec 2024

Among the 30-share Sensex blue-chip pack, Bharti Airtel, ITC, Kotak Mahindra Bank, Hindustan Unilever, Titan, UltraTech Cement, HCL Technologies, and Power Grid, were the biggest gainers. Tata Steel, IndusInd Bank, JSW Steel and Bajaj Finserv were the laggards.

Sensex climbs 445 points on buying in blue-chip stocks

Sensex climbs 445 points on buying in blue-chip stocks

Rediff.com2 Dec 2024

From the 30-share Sensex pack, UltraTech Cement, JSW Steel, Adani Ports, Tech Mahindra, Titan, Maruti, Mahindra & Mahindra, Tata Steel and Reliance Industries were the biggest gainers. NTPC, Hindustan Unilever, Kotak Mahindra Bank, IndusInd Bank and Larsen & Toubro were among the laggards.

Sensex, Nifty settle almost flat in highly volatile trade

Sensex, Nifty settle almost flat in highly volatile trade

Rediff.com24 Dec 2024

From the 30 blue-chip stocks, Power Grid, State Bank of India, Titan, Tata Steel, IndusInd Bank, UltraTech Cement, Adani Ports and Infosys were among the laggards. In contrast, Tata Motors, ITC, Nestle, Tata Consultancy Services, NTPC and Zomato were among the gainers.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com26 Jan 2025

In an eventful week ahead, stock market investors will take cues from major events like the US Federal Reserve's interest rate decision, the upcoming Union Budget and Q3 earnings, analysts said.