News for 'United Stock Exchange'

MFs Vs NPS? What Suits YOU?

MFs Vs NPS? What Suits YOU?

Rediff.com3 Jun 2024

Ramalingam Kalirajan explains the pros and cons of both investment types.

NDTV sells 26% unit stake to NBC for $150mn

NDTV sells 26% unit stake to NBC for $150mn

Rediff.com22 Jan 2008

New Delhi Television (NDTV) and an overseas subsidiary of NDTV have signed a memorandum of agreement with NBC Universal Inc and a subsidiary of NBCU for divesting 26% stake in an overseas subsidiary for $150 million.

Matrix Lab to set up unit in India

Matrix Lab to set up unit in India

Rediff.com28 Nov 2003

Matrix Laboratories Ltd is to set up two joint venture companies, one each in India and Ireland, at a total cost of euro 3.9 million for the development of finished dosage of formulation dossiers.

Kingfisher lenders sell United Spirits shares to recover dues

Kingfisher lenders sell United Spirits shares to recover dues

Rediff.com10 Apr 2014

Banks who had lend to Kingfisher Air are finding it difficult to recover dues.

Golden funds: Better than gold!

Golden funds: Better than gold!

Rediff.com13 Apr 2007

UTI Mutual Fund recently launched Gold Exchange Traded Funds and many more companies plan to follow suit. Get the lowdown.

Shaw Wallace to sell entire stake in USL

Shaw Wallace to sell entire stake in USL

Rediff.com30 Jun 2009

In 2005, Vijay Mallya-led United Breweries acquired Shaw Wallace & Company, following which it was merged with the group's flagship company USL last year.

Why investors are in a hurry to dump FMCG stocks

Why investors are in a hurry to dump FMCG stocks

Rediff.com21 Apr 2015

Softening rural consumption and the likelihood of weak corporate earnings in the March quarter saw investors dump stocks.

ETFs catch on, daily average value on NSE up 70 times

ETFs catch on, daily average value on NSE up 70 times

Rediff.com10 Jul 2015

Unlike mutual funds, an ETF trades like a common stock.

Rupee falls for second day on hopes of US debt deal

Rupee falls for second day on hopes of US debt deal

Rediff.com15 Oct 2013

The plan being negotiated by US Senate leaders would end a partial government shutdown and raise the debt ceiling by enough to cover the nation's borrowing needs at least through mid-February 2014, a source familiar with the negotiations told Reuters.

Adani says Mundra petchem work suspended as finances not tied-up yet

Adani says Mundra petchem work suspended as finances not tied-up yet

Rediff.com20 Mar 2023

Embattled Adani Group on Monday said it has put on hold major equipment procurement and site construction activities for the Rs 34,900 crore petrochemical project at Mundra in Gujarat as the project has not yet tied up finances. The group's flagship Adani Enterprises Ltd (AEL) incorporated a wholly-owned subsidiary, Mundra Petrochem Ltd in 2021 for setting up a greenfield coal-to-PVC plant at Adani Ports and Special Economic Zone (APSEZ) land in the Kutch district of Gujarat. Asked by stock exchanges to comment on a PTI report on Sunday that the group has suspended work on the project, AEL said, "The financial closure of the Green PVC project of Mundra Petrochemicals Limited ( MPL) is pending with the financial institutions and it is in their active consideration."

Sebi plans to streamline disclosure framework

Sebi plans to streamline disclosure framework

Rediff.com15 Nov 2022

The Securities and Exchange Board of India (Sebi) has plans to give a fillip to disclosure requirements to encourage better information symmetry at listed firms. Under the current regulations, companies need to disclose any event such as acquisition, merger, demerger, restructuring, or sale of any unit which will have an impact on the business. In its consultation paper dated November 12, Sebi has proposed new thresholds for so-called 'material disclosures'.

Rupee off lows as RBI tightens rules for FIs

Rupee off lows as RBI tightens rules for FIs

Rediff.com1 Aug 2013

The RBI stipulated on Thursday that foreign institutional investors would require a mandate from participatory note holders to hedge on their behalf.

Rupee snaps three days of gain ahead of RBI rate decision

Rupee snaps three days of gain ahead of RBI rate decision

Rediff.com29 Jul 2013

Forex dealers will keenly watch, instead, if the central bank indicates more measures to stabilise the currency or gives a timeframe for its current action.

The 10 biggest falls of the Sensex

The 10 biggest falls of the Sensex

Rediff.com17 Mar 2008

The Bombay Stock Exchange benchmark Sensex sank by 951 points on black Monday on panic selling by funds, triggered by weak global cues.

Zee shares tumble 12%; hit lower circuit limit

Zee shares tumble 12%; hit lower circuit limit

Rediff.com21 Feb 2024

Shares of Zee Entertainment Enterprises Ltd (ZEEL) tumbled 12 per cent in the mid-session trade on Wednesday amid reports of capital market regulator Sebi has unearthed a financial discrepancy exceeding USD 241 million (nearly Rs 2,000 crore) in the accounts of the company. The stock of the company nosedived 11.58 per cent to Rs 170.65 apiece on the BSE. ZEEL shares plunged 11.39 per cent to Rs 170.70 per piece on the NSE.

Computer glitch halts United Airlines flights for two hours

Computer glitch halts United Airlines flights for two hours

Rediff.com9 Jul 2015

United said it would rebook flights for affected passengers without charge

Small, mid or large, many 'caps' companies wear

Small, mid or large, many 'caps' companies wear

Rediff.com11 Sep 2023

Polycab India, Power Finance Corporation, Shriram Finance, and Union Bank of India appear poised to transition from the mid-cap to the large-cap category within the domestic mutual fund industry. Their market capitalisation (m-cap) now ranks among the top 100, which is the threshold for the large-cap universe defined by the Securities and Exchange Board of India.

RTI Act remains in limbo for securities market

RTI Act remains in limbo for securities market

Rediff.com26 Nov 2014

Stay orders keep law out of citizen access even years after CIC rulings on opening market institutions to scrutiny

After trading halt at NYSE, Sebi reviews risk management systems

After trading halt at NYSE, Sebi reviews risk management systems

Rediff.com9 Jul 2015

Identifying cyber crime as a major threat, Sebi Chairman U K Sinha recently said such attacks are occurring these days in a more sophisticated manner.

Despite RBI measures, rupee closes down yet again

Despite RBI measures, rupee closes down yet again

Rediff.com12 Aug 2013

Chidambaram on Monday sought to soothe nerves about its external finances by promising to contain the current account deficit at 3.8 percent of gross domestic product this fiscal year with a slew of measures including easing rules for raising loans abroad.

Gadkari launches cow dung soap, bamboo water bottles

Gadkari launches cow dung soap, bamboo water bottles

Rediff.com1 Oct 2019

The bamboo water bottle is priced at Rs 560 and the soap variant of 125 grams costs Rs 125 each.

Making your money work round-the-clock

Making your money work round-the-clock

Rediff.com3 Jul 2015

BSE's, NSE's overnight liquid fund facility can help stock investors maximise returns

How To Select The Right Index Mutual Funds

How To Select The Right Index Mutual Funds

Rediff.com18 Mar 2024

Among index funds, the most popular products are funds tracking the Nifty 50 and Sensex, says Dwaipayan Bose, and explains the finer points of selecting the right index mutual fund.

United Spirits sells UB shares worth Rs 872 cr to Heineken, loses 'promoter' status

United Spirits sells UB shares worth Rs 872 cr to Heineken, loses 'promoter' status

Rediff.com8 Jul 2015

With this, Heineken's stake has risen from 39% to 42.2%.

Mallya's hold on United Breweries slips further

Mallya's hold on United Breweries slips further

Rediff.com22 Aug 2014

UB Group Chairman Vijay Mallya's grip on United Breweries slipped further on Thursday, after lenders to UB Group companies offloaded a part of the stake in Kingfisher beer that was pledged to them.

More Adani group shares pledged

More Adani group shares pledged

Rediff.com9 Mar 2023

More shares belonging to companies of the embattled Adani Group have been pledged as security for loans taken by the group's flagship firm, a trustee said. SBICap Trustee in notices to stock exchanges said that a further 0.99 per cent shares in Adani Green Energy Ltd were pledged "for the benefits of the lenders" of Adani Enterprises Ltd. An additional 0.76 per cent shares in Adani Transmission Ltd were also pledged to banks, the trustee said. SBICap, which is a unit of State Bank of India (SBI), however did not give details of the loans taken by Adani Enterprises for which the pledge was created.

China beats India on Nasdaq listing

China beats India on Nasdaq listing

Rediff.com15 Dec 2004

Indian companies fare poorly compared to their Chinese counterparts in listing their stocks on the Nasdaq stock exchange in the United States.

Rupee snaps five days of gain; ends at 63.5

Rupee snaps five days of gain; ends at 63.5

Rediff.com12 Sep 2013

The domestic currency spurted by 425 paise or 6.28 per cent in last five straight sessions.

Rupee at record closing low; worst week in nearly 2 years

Rupee at record closing low; worst week in nearly 2 years

Rediff.com2 Aug 2013

The currency fell 3.4 per cent this week, and is below the levels at which it was trading on July 15 when the Reserve Bank of India unveiled its cash tightening steps to defend the currency.

Big signings, no European football hits Manchester United's profits

Big signings, no European football hits Manchester United's profits

Rediff.com12 Sep 2016

Manchester United expect profits to fall back from last season's record levels after the club splashed out on new players to try to regain its place in Europe's soccer elite.

Rupee edges up on hike in gold duties

Rupee edges up on hike in gold duties

Rediff.com13 Aug 2013

Analysts worry that without more fundamental reforms, India will struggle to contain its record high current account deficit and hence support the rupee.

Rupee falls for second day; RBI, govt steps fail to boost

Rupee falls for second day; RBI, govt steps fail to boost

Rediff.com18 Jul 2013

For now, the rupee is likely to remain dependant on global factors. The dollar held on to broad gains on Thursday after Fed chairman Bernanke said the central bank still expected to start scaling back its bond purchase programme later this year, but left open the option of altering that plan.

Markets end lower as global stocks extend losses; Metals drag

Markets end lower as global stocks extend losses; Metals drag

Rediff.com4 May 2016

The S&P BSE Sensex plunged 128 points to end at 25,102.

Mystery thickens in Zee fund diversion case amid reports of accounting hole

Mystery thickens in Zee fund diversion case amid reports of accounting hole

Rediff.com29 Feb 2024

The mystery surrounding the alleged fund diversion from Zee Entertainment Enterprises (Zee) by founders Subhash Chandra and Punit Goenka has thickened with speculations of an amount multiple times higher than that cited by the ex-parte interim order passed by the Securities and Exchange Board of India (Sebi) dated June 12, 2023. While Zee shares witnessed a fresh selloff on Wednesday, news reports of accounting fraud left investors guessing about the hole in the media broadcaster's books. An order by the Securities Appellate Tribunal (SAT) in October 2023 had clearly hinted that Sebi's investigation had found a deeper rout.

India misses Nasdaq bus; China gets dedicated coun

India misses Nasdaq bus; China gets dedicated coun

Rediff.com6 Apr 2007

India has lost out to China in the arena of one of the world's most respected stock exchange, Nasdaq, which has decided to launch a dedicated index of Chinese companies listed in the US.

How To Invest In Gold, Silver?

How To Invest In Gold, Silver?

Rediff.com22 Dec 2023

Commodity investments can help you diversify your portfolio in asset classes other than equity and debt, says Dwaipayan Bose.

Rupee slips 4 paise to close at 77.59 against US dollar

Rupee slips 4 paise to close at 77.59 against US dollar

Rediff.com24 May 2022

The rupee slipped by 4 paise to close at 77.59 (provisional) against the US dollar on Tuesday, weighed down by a negative trend in domestic equities and unabated foreign fund outflows. At the interbank foreign exchange market, the rupee opened lower at 77.56 against the greenback, and finally settled at 77.59, down 4 paise over its previous close. During the trading session, the rupee touched an intra-day low of 77.67 and a high of 77.51.

MCX-SX gets new CEO; shareholders to infuse fresh capital

MCX-SX gets new CEO; shareholders to infuse fresh capital

Rediff.com3 Jan 2014

MCX Stock Exchange, set up by crisis-hit NSEL's promoters, on Friday appointed Saurabh Sarkar as CEO and announced plans for fresh capital infusion by its existing shareholders among measures to boost business.

SIP Top-Ups Can Create More Wealth

SIP Top-Ups Can Create More Wealth

Rediff.com17 Jan 2024

SIP top-ups are especially beneficial for young investors, who may start with a small SIP installment and grow it over their working careers, says Dwaipayan Bose.

RPL set to be a $10-bn giant on debut

RPL set to be a $10-bn giant on debut

Rediff.com10 May 2006

After creating history with its IPO earlier last month, Reliance Petroleum Ltd is set to join the league of top 15 companies in India in terms of market capitalisation in its debut trade on Thursday.