News for 'United Stock Exchange'

UB finally gets Herbertsons reins

UB finally gets Herbertsons reins

Rediff.com16 Mar 2005

ONGC bags oil block in Nigeria

ONGC bags oil block in Nigeria

Rediff.com10 Mar 2005

Ranbaxy, JP Associates to exit Nifty from Mar 28

Ranbaxy, JP Associates to exit Nifty from Mar 28

Rediff.com27 Feb 2014

Tech Mahindra and United Spirits will replace them in the 50-share index of the National Stock Exchange with effect from March 28.

Man Utd rules out Glazer talks

Man Utd rules out Glazer talks

Rediff.com20 Dec 2004

Manchester United ruled out holding new talks over a possible bid for the club by Malcolm Glazer, the Financial Times reported.

Shah in Bengal to take stock of BJP poll preparedness

Shah in Bengal to take stock of BJP poll preparedness

Rediff.com5 Nov 2020

Shah, who was accompanied by BJP national vice-president Mukul Roy, national general secretary Kailash Vijayvargya, was greeted with slogans of 'Amit Shah zindabad', 'Bharat Mata ki Jai' by party workers at Netaji Subhas Chandra Bose International Airport in Kolkata.

Adani group is 'deeply overleveraged', warns CreditSights

Adani group is 'deeply overleveraged', warns CreditSights

Rediff.com23 Aug 2022

Richest Indian Gautam Adani's ports-to-power-to-cement conglomerate is "deeply overleveraged" with the group predominantly using debt to invest aggressively across existing as well as new businesses, CreditSights, a Fitch Group unit, said on Tuesday. In a report titled 'Adani Group: Deeply Overleveraged', CreditSights said, "In the worst-case scenario, overly ambitious debt-funded growth plans could eventually spiral into a massive debt trap, and possibly culminate into a distressed situation or default of one or more group companies." Starting out as a commodities trader in the late 1980s, the Adani group has diversified from mines, ports and power plants into airports, data centers and defence.

Amtek Auto mulls buying UK firm

Amtek Auto mulls buying UK firm

Rediff.com9 Mar 2004

The Gurgaon-based Amtek Auto Ltd is planning to acquire the Rs 900 crore ((Rs 9 billion) GWK group , a United Kingdom-based automotive component firm.

United Spirits shows proof of Mallya's fund diversion

United Spirits shows proof of Mallya's fund diversion

Rediff.com15 Jul 2016

USL claims it has given a report on how the liquor baron channelled money from the company to Kingfisher Airlines, Force India and Watson.

Alembic to expand bulk drugs business in US

Alembic to expand bulk drugs business in US

Rediff.com22 May 2003

Indian drug maker Alembic Ltd plans to expand its bulk drugs business in the United States by joining hands with US formulations makers, the Bombay Stock Exchange said on Thursday.

Friday the 13th hits stocks, rupee once again; gold shines

Friday the 13th hits stocks, rupee once again; gold shines

Rediff.com13 Jun 2014

BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared

Ranbaxy gets US FDA nod for Cefadroxil dosage

Ranbaxy gets US FDA nod for Cefadroxil dosage

Rediff.com27 Mar 2003

Indian drugmaker Ranbaxy Laboratories Ltd has received approval from the US Food and Drug Administration to market an oral suspension form of Warner Chilcott's Duricef antibiotic, the Bombay Stock Exchange

When Biden spoke of distant relatives living in Mumbai

When Biden spoke of distant relatives living in Mumbai

Rediff.com8 Nov 2020

Decades after he received a letter from someone by the last name of Biden from Mumbai, soon after becoming a senator, Biden learned that his 'great, great, great, great, great grandfather' had worked in the East India Company. "There are five Bidens in Mumbai, India," Biden, then Vice President, told a Washington audience in 2015 at an event organised by the Confederation of Indian Industry and Carnegie Endowment for International Peace on the occasion of the 10th anniversary of India-US civil nuclear deal.

NSE revises circuit limits of over 1,400 scrips

NSE revises circuit limits of over 1,400 scrips

Rediff.com7 Nov 2013

This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.

Sheikh says may make bid for Leeds

Sheikh says may make bid for Leeds

Rediff.com3 Dec 2003

A member of Bahrain's royal family might bid for debt-ridden Leeds United, providing a possible rescue for the club.

Reddy's files with US FDA for generic Olanzapine

Reddy's files with US FDA for generic Olanzapine

Rediff.com11 Mar 2003

Drugmaker Dr Reddy's Laboratories has filed an application with the US Food and Drug Administration to market a generic form of Eli Lilly's schizophrenia drug Olanzapine in the US

How cross-border listings will help India

How cross-border listings will help India

Rediff.com18 Mar 2019

Such listings will help internationalise our currency, give us economic heft, compel best in class regulations and further develop the professional-services ecosystem., says Amit Tandon.

New restrictions in Maha from Wednesday. What's allowed and what's not

New restrictions in Maha from Wednesday. What's allowed and what's not

Rediff.com13 Apr 2021

Maharashtra Chief Minister Uddhav Thackeray announced a statewide curfew for 15 days from 8 am on April 14 to contain the rapid spread of the coronavirus in its second wave. With Section 144 being imposed across the state, Thackeray essential services have been exempted from the restrictions. The curfew will be in place till 7 am on May 1.

A big challenge to EPFO returns

A big challenge to EPFO returns

Rediff.com18 Mar 2022

There is widening gap between what the government's premier retirement fund makes on its investments and what it offers to employees. The Employees' Provident Fund Organisation (EPFO) makes the bulk of its investments in government-related securities. In other words, it lends to central and state governments and related entities. The interest it gets from these instruments is largely what it uses to pay interest to its subscribers.

Ambani charts succession plan; hands over telecom business to son Akash

Ambani charts succession plan; hands over telecom business to son Akash

Rediff.com28 Jun 2022

Mukesh Ambani has resigned from the board of his group's telecom arm, Reliance Jio and handed over the reins of the company to elder son Akash, a step seen as succession planning by the 65-year old billionaire. In a stock exchange filing, Reliance Jio Infocomm said the company's board at a meeting on June 27, "approved the appointment of Akash M Ambani, non-executive director, as chairman of the board of directors of the company." This comes after his father resigned with effect from close of working hours on June 27, it said.

BUSTED: 6 myths about investing in InvITs

BUSTED: 6 myths about investing in InvITs

Rediff.com1 Nov 2017

Understanding InvITs properly will enable investors to make an informed decision, says V K Bansal.

How Reliance Retail plans to become 'atmanirbhar'

How Reliance Retail plans to become 'atmanirbhar'

Rediff.com15 Sep 2022

A few days ago, Reliance Retail surprised the market by acquiring the Campa brand from Delhi-based Pure Drinks Ltd for Rs 22 crore. A successful cola brand in the eighties, especially in North India, Campa Cola thrived when Coke exited India in the late seventies. When the Atlanta-based major returned and PepsiCo set base in India, it went down fighting.

Amazon takes out ads, calls Future store transfer to Reliance a fraud

Amazon takes out ads, calls Future store transfer to Reliance a fraud

Rediff.com15 Mar 2022

Days after billionaire Mukesh Ambani-led group took some of the stores of Future Group, whose lease had expired due to the non-payment of rent, Amazon.com Inc on Tuesday accused the two of 'fraud' and said such 'contumacious' transfer will be liable to legal action.

Future Retail gets relief from Delhi HC in RIL case

Future Retail gets relief from Delhi HC in RIL case

Rediff.com8 Feb 2021

Future Retail Ltd (FRL) on Monday said the Delhi high court has ruled that statutory authorities cannot be restrained from acting in accordance with law and stayed a previous order on status quo of its Rs 24,713 crore deal with Reliance. Updating stock exchanges about the court ruling, FRL said a Division Bench comprising Chief Justice D N Patel and Justice Jyoti Singh has stayed the operation and effect of order passed by single Judge J R Midha on February 2. "...inter alia, for the prima facie reason that the company is not a party to the Shareholders Agreement dated August 22, 2019 executed between Amazon, Future Coupons Private Limited and the Promoters of FRL, under which arbitration was initiated by Amazon in Singapore," FRL said.

Obama visit: Good or bad for the Sensex?

Obama visit: Good or bad for the Sensex?

Rediff.com27 Jan 2015

After his previous visit, the Sensex crashed and it took four painful years to top the 21,000 mark.

Why CBI went after Sebi officers for Saradha, not Sahara

Why CBI went after Sebi officers for Saradha, not Sahara

Rediff.com15 Apr 2021

It is intriguing that the CBI has shown little interest in the most scandalous and biggest collective investment scheme ever, from the Sahara group, asserts Debashis Basu.

Markets kick off Q3 on a positive note; Sensex, Nifty end higher

Markets kick off Q3 on a positive note; Sensex, Nifty end higher

Rediff.com1 Oct 2015

Markets in green tracking firm global cues.

FDI in 2013 dips 3% to $22 billion

FDI in 2013 dips 3% to $22 billion

Rediff.com30 Mar 2014

In 2012, India attracted $22.78 billion of FDI, according to the data by Department of Industrial Policy and Promotion.

Will stock markets remain bullish in 2015?

Will stock markets remain bullish in 2015?

Rediff.com16 Jan 2015

It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.

As Jet defaults on loan, its credit rating slips to 'D'

As Jet defaults on loan, its credit rating slips to 'D'

Rediff.com3 Jan 2019

Over the past several months, the airline has struggled to pay vendors and staff salaries on time.

All you want to know about Reit

All you want to know about Reit

Rediff.com14 May 2019

'Many of the challenges of investing in commercial real estate get taken care of when an investor takes the Reit route,' points out Suraj Nangia.

1 killed, 13 injured as Lankan police open fire on anti-govt protestors

1 killed, 13 injured as Lankan police open fire on anti-govt protestors

Rediff.com20 Apr 2022

At least one person was killed and 12 others injured on Tuesday when the police opened fire to disperse angry anti-government protestors in Sri Lanka's southwestern region of Rambukkana, officials said.

Indian funds, HNIs eye slice of Alibaba mega IPO

Indian funds, HNIs eye slice of Alibaba mega IPO

Rediff.com14 Sep 2014

High-networth individuals and domestic funds from India are eyeing a slice of the much-touted mega IPO of Chinese e-commerce giant Alibaba, which looking to raise an eye-popping $21.1 billion.

BPCL to sell Numaligarh refinery stake for Rs 9,876 cr

BPCL to sell Numaligarh refinery stake for Rs 9,876 cr

Rediff.com1 Mar 2021

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Monday said it will exit Numaligarh refinery in Assam by selling its entire stake to a consortium of Oil India Ltd and Engineers India Ltd for Rs 9,876 crore. The sale of Numaligarh Refinery Ltd clears the way for privatisation of India's second-largest fuel retailer. In keeping with the Assam Peace Accord, the government had decided to keep Numaligarh Refinery Ltd (NRL) in the public sector. As part of this, BPCL was to sell its entire 61.65 per cent stake to state-owned firms.

Sensex ends in the red amid volatile trade; IT, auto, realty fall

Sensex ends in the red amid volatile trade; IT, auto, realty fall

Rediff.com24 Mar 2015

The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.

The businessman who got richer during the lockdown

The businessman who got richer during the lockdown

Rediff.com8 May 2020

Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.

Rupee falls to over one-week low on weak stocks

Rupee falls to over one-week low on weak stocks

Rediff.com6 Jan 2015

Tracking a steep fall in local share market, the Indian rupee on Tuesday washed out initial gains and ended with a loss of 16 paise

Sensex ends below 28,000 led by financials; ICICI Bank dips 2%

Sensex ends below 28,000 led by financials; ICICI Bank dips 2%

Rediff.com19 Oct 2016

Financials were the top losers after sharp gains in the previous session along with ITC