News for 'axis my india'

'Forget About EVM Hacking!'

'Forget About EVM Hacking!'

Rediff.com24 Nov 2024

'Party workers sit outside polling booths and they know everything that is happening.' 'Besides, as a voter when you push the EVM button to vote there is a paper slip that comes out showing you who you voted for.'

Must Read: Advice For SIP Investors

Must Read: Advice For SIP Investors

Rediff.com11 Feb 2025

'Regardless of whether you invest Rs 100 or Rs 1 crore per month, risk is inevitable.' 'Positive returns at the end of the year can never be guaranteed.' 'This is a fundamental truth every SIP investor must grasp.'

Sensex falls 230 points as investors turned cautious

Sensex falls 230 points as investors turned cautious

Rediff.com11 Oct 2024

From the Sensex pack, Tata Consultancy Services, Mahindra & Mahindra, ICICI Bank, Maruti Suzuki India, Power Grid, Axis Bank and Adani Ports & Special Economic Zones were among the laggards. On the other hand, HCL Technologies, Tech Mahindra, JSW Steel, Hindustan Unilever, Infosys and Titan were among the gainers.

Sensex tanks 942 pts, Nifty plunges below 24K

Sensex tanks 942 pts, Nifty plunges below 24K

Rediff.com4 Nov 2024

From the 30-share Sensex pack, Sun Pharma, Reliance Industries, Infosys, Tata Motors, Infosys, Titan, Maruti and NTPC were among the major laggards. Mahindra & Mahindra, Tech Mahindra, HCL Technologies and IndusInd Bank were the gainers.

Exit polls: Cong to wrest Haryana from BJP; NC-Cong ahead in JK

Exit polls: Cong to wrest Haryana from BJP; NC-Cong ahead in JK

Rediff.com5 Oct 2024

The results of the assembly elections will be announced on October 8.

Israel vows to strike back as Iran fires 180 missiles

Israel vows to strike back as Iran fires 180 missiles

Rediff.com2 Oct 2024

Khamenei captioned the post as 'Victory from God and a near conquest...' In another post, he said, 'The strikes of the resistance front on the worn-out and decaying body of the Zionist regime will be more striking.'

2.56 Lakh Crore: Why FIIs Are Selling Indian Stocks

2.56 Lakh Crore: Why FIIs Are Selling Indian Stocks

Rediff.com31 Jan 2025

'Of the 20 trading days of January till January 28, FIIs have been selling for 19 trading days'. 'When did FIIs withdraw money with this kind of intensity?' 'It never happened. It's the first. It did not happen even during the 2008-2009 financial crisis when Lehman went under.' 'Even then you did not have like a 19-day selling spree from the FIIs.'

Markets recovery makes investors richer by Rs 4.21 lakh cr

Markets recovery makes investors richer by Rs 4.21 lakh cr

Rediff.com28 Oct 2024

Investors' wealth on Monday surged Rs 4.21 lakh crore as markets bounced back after five days of fall. The BSE Sensex jumped 602.75 points or 0.76 per cent to settle at 80,005.04. During the day, it surged 1,137.52 points or 1.43 per cent to 80,539.81.

What Are Passive Value Funds?

What Are Passive Value Funds?

Rediff.com28 Oct 2024

'Value index funds are most appropriate for long-term investors who can withstand deeper drawdowns.'

Should you invest in gold? Read here to find out

Should you invest in gold? Read here to find out

Rediff.com4 Dec 2024

Goldman Sachs expects gold to reach $3,150 per ounce in the international market by December 2025, up around 19.1 per cent from its current level of $2,645, according to a recent report in Business Standard. Domestically, gold is trading at Rs 76,018 per 10 grams after delivering a remarkable 21.9 per cent return in the past year.

Bharti Airtel, State Bank of India, Zomato on Jefferies hotlist for 5 years

Bharti Airtel, State Bank of India, Zomato on Jefferies hotlist for 5 years

Rediff.com19 Mar 2024

Jefferies has identified 11 stocks set to benefit from long-term macro trends like capital expenditures, government manufacturing initiatives, and financialisation.

Markets turn topsy-turvy; Sensex, Nifty slump nearly 1%

Markets turn topsy-turvy; Sensex, Nifty slump nearly 1%

Rediff.com4 Oct 2024

From the 30 Sensex firms, Mahindra & Mahindra, Bajaj Finance, Asian Paints, Nestle, Bharti Airtel, UltraTech Cement, Hindustan Unilever, ITC, and HDFC Bank were the major laggards. In contrast, Infosys, Tech Mahindra, Tata Motors, Axis Bank, Tata Consultancy Services and State Bank of India were among the gainers.

Temasek likely to invest $10 billion in India in the next three years

Temasek likely to invest $10 billion in India in the next three years

Rediff.com16 Jul 2024

Singapore government's sovereign wealth fund Temasek is looking to invest $10 billion in India during the next three years, Ravi Lambah, Temasek's head of India and strategic initiatives, said.

Credit card spends rise 14.5% in October on festive season purchases

Credit card spends rise 14.5% in October on festive season purchases

Rediff.com26 Nov 2024

Credit card spending reached Rs 2 trillion in October, a 14.5 per cent rise from September, largely driven by festival season purchases. However, the volume of outstanding credit cards increased only marginally during the same period. The spike in spending comes at a time when nearly all major credit card issuers are calibrating their growth in the segment due to visible signs of stress.

Rs 2,000 Crore Raised Daily Jan-Jun 2024!

Rs 2,000 Crore Raised Daily Jan-Jun 2024!

Rediff.com12 Jul 2024

Equity supply may hit Rs 6 trillion soon.

2025: Top 10 Stocks To Watch Out

2025: Top 10 Stocks To Watch Out

Rediff.com2 Jan 2025

These 10 stocks represent the best mix of value and growth, offering relatively low price-to-earnings and price-to-book ratios, a high return on equity, and sufficiently high potential from current levels.

Sensex ends 168 points down on late selling in index majors

Sensex ends 168 points down on late selling in index majors

Rediff.com9 Oct 2024

Benchmark equity indices Sensex and Nifty pared early gains to settle lower on Wednesday due to late selling in index major Reliance Industries, ITC and HDFC Bank even as the RBI took the first step towards a rate cut in its monetary policy review. Erasing its early gains, the 30-share BSE Sensex fell 167.71 points or 0.21 per cent to close at 81,467.1. During the day, it surged 684.4 points or 0.83 per cent to hit an intra-day high of 82,319.21.

Heavyweight stocks drag Sensex down by 638 points

Heavyweight stocks drag Sensex down by 638 points

Rediff.com7 Oct 2024

Equity benchmark indices Sensex and Nifty settled lower for the sixth straight session on Monday due to heavy selling in bellwether stocks including HDFC Bank and Reliance Industries amid mixed trends in the global markets and outflow of foreign funds. Falling for the sixth consecutive session, the BSE Sensex tumbled 638.45 points or 0.78 per cent to settle at 81,050. During the day, it plummeted 962.39 points or 1.17 per cent to 80,726.06. The NSE Nifty slumped 218.85 points or 0.87 per cent to end at 24,795.75.

NPCI nod to onboard users may help Paytm streamline UPI operations

NPCI nod to onboard users may help Paytm streamline UPI operations

Rediff.com3 Nov 2024

One97 Communications (OCL), the company that operates brand Paytm, received a nod from the National Payments Corporation of India (NPCI) to onboard new Unified Payments Interface (UPI) users. This comes nearly nine months after the Reserve Bank of India (RBI) placed an embargo on OCL to add new customers.

Sensex jumps 225 pts; Axis Bank rallies 4%

Sensex jumps 225 pts; Axis Bank rallies 4%

Rediff.com11 Aug 2020

IndusInd Bank, ITC, HDFC Bank, Tata Steel, HDFC, ICICI Bank and Reliance Industries are also among top gainers. SE Nifty jumped 52.35 points to finish at 11,322.50.

What Are Business Cycle Funds?

What Are Business Cycle Funds?

Rediff.com7 Dec 2024

Business cycle funds aim to optimise returns by aligning their portfolios with different phases of the economic cycle. First-time investors, those who prefer stable sector allocations, and those averse to volatility should steer clear of them.

Paytm gets NPCI nod to onboard new UPI users

Paytm gets NPCI nod to onboard new UPI users

Rediff.com23 Oct 2024

The National Payments Corporation of India (NPCI) has granted approval to Paytm to onboard new UPI users, subject to the adherence to all procedural guidelines and circulars, according to the company. The move is expected to come as a relief to Paytm, which had suffered a blow following the Reserve Bank of India's restrictions earlier this year on associate company Paytm Payments Bank Limited (PPBL) in onboarding new UPI users on the Paytm app. In March, the NPCI gave approval to Paytm to participate in UPI as a Third-Party Application Provider (TPAP).

Markets end in red; Sensex dropped 203 points

Markets end in red; Sensex dropped 203 points

Rediff.com4 Sep 2024

Among the 30 Sensex firms, ICICI Bank, State Bank of India, Axis Bank, Mahindra & Mahindra, Infosys, Larsen & Toubro, Tata Steel, Tata Consultancy Services, Bajaj Finance and Adani Ports were the major laggards. Asian Paints, Hindustan Unilever, UltraTech Cement, Sun Pharma and Reliance Industries were among the gainers.

Zee-Sony merger: India's largest media company is all set to be born

Zee-Sony merger: India's largest media company is all set to be born

Rediff.com15 Dec 2023

The National Company Law Appellate Tribunal on Friday issued notices to Zee Entertainment Enterprise Ltd (ZEEL) over the petitions filed by IDBI Bank and AXIS Finance against an NCLT order that approved the media company's merger with Culver Max Entertainment. However, a two-member NCLAT bench comprising chairman Justice Ashok Bhushan and Member Arun Baroka declined to grant any stay over the merger process during the pendency of the hearing. The appellate tribunal (NCLAT) has directed to list both petitions on January 8 for hearing, directing Zee Entertainment Enterprise Ltd to file a reply.

Exit polls: BJP to gain big in Tamil Nadu, open account in Kerala

Exit polls: BJP to gain big in Tamil Nadu, open account in Kerala

Rediff.com1 Jun 2024

The exit polls on Saturday predicted the Bharatiya Janata Party-led National Democratic Alliance winning most of the seats in Congress-ruled Karnataka in the Lok Sabha elections and the Congress not putting up a good show.

Hyundai Gears Up For Rs 27,856 Crore IPO

Hyundai Gears Up For Rs 27,856 Crore IPO

Rediff.com10 Oct 2024

India's second-largest passenger vehicles firm will be valued at Rs 1.59 trillion at the top-end of the price band of Rs 1,865-Rs 1,960.

What are Dynamic Bond Funds?

What are Dynamic Bond Funds?

Rediff.com7 Nov 2024

'A dynamic bond fund acts like a gilt fund in a rate cut scenario and like a conservative short-term bond fund when rates rise.'

Sensex, Nifty close at record highs; SBI among biggest gainers

Sensex, Nifty close at record highs; SBI among biggest gainers

Rediff.com15 Jul 2024

Among Sensex shares, State Bank of India, NTPC, UltraTech Cement, Mahindra & Mahindra, Bajaj Finance, Tata Motors, Maruti and ITC were the biggest winners. On the other hand, Asian Paints, Tata Steel, Axis Bank, JSW Steel, Tech Mahindra and Tata Consultancy Services were among the laggards.

How the markets will fare this week

How the markets will fare this week

Rediff.com13 Oct 2024

Quarterly earnings of corporates, trading activity of foreign investors and inflation data are the key factors that are expected to drive the momentum in the equity markets this week, analysts said.

Konstas, Bumrah Share Honours On Day 1

Konstas, Bumrah Share Honours On Day 1

Rediff.com26 Dec 2024

The four wickets that India prised out in the third session, on balance, swung the game back in their favour, says Prem Panicker .

Why Axis Bank is under I-T scanner

Why Axis Bank is under I-T scanner

Rediff.com10 Dec 2018

Tax sleuths have detected over Rs 52 crore of unexplained cash in jewellers' bank accounts

Are The Markets Headed For A Bubble?

Are The Markets Headed For A Bubble?

Rediff.com11 Nov 2024

'The problem is that the bubble may not only be in valuations, but also in investors' minds.'

Q3 result preview: US, India to aid revenue growth for Pharma Inc

Q3 result preview: US, India to aid revenue growth for Pharma Inc

Rediff.com30 Jan 2024

The pharmaceuticals sector is expected to post a revenue growth of around 13.5 per cent and a net profit growth of 30.3 per cent for the third quarter of 2023-24 (FY24), riding on the approval for niche drugs in the US market, fall in raw material prices and correction in shipping rates. In the healthcare segment, hospitals are expected to post revenue growth of 13 per cent during the coverage, while net profit growth would be around 37 per cent, ICICI Securities said in a note. However, the performance may not be comparable on a sequential basis due to the offset of the festive season in Q3FY24, the analysts noted.

Genpact buys out Axis

Genpact buys out Axis

Rediff.com20 Jun 2007

Genpact, the country's largest business process outsourcing firm, today announced the acquisition of Axis Risk Consulting, a risk consulting firm, for an undisclosed sum.

Investors become poorer by Rs 5.49 lakh cr

Investors become poorer by Rs 5.49 lakh cr

Rediff.com6 Sep 2024

Investors' wealth plummeted by Rs 5.49 lakh crore on Friday as markets faced a massive correction tracking a weak trend in global peers and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tumbled 1,017.23 points or 1.24 per cent to settle at 81,183.93. During the day, it plunged 1,219.23 points or 1.48 per cent to 80,981.93.

Sensex, Nifty settle marginally lower in volatile trade

Sensex, Nifty settle marginally lower in volatile trade

Rediff.com12 Aug 2024

From 30 Sensex firms, Adani Ports, NTPC, Power Grid, State Bank of India, Nestle, Mahindra & Mahindra, Reliance Industries and Tata Consultancy Services were the biggest laggards. Axis Bank, Infosys, JSW Steel, Tata Motors, HDFC Bank and Kotak Mahindra Bank were among the gainers from the blue-chip pack.

Rupee Declines. Add Gold To Portfolio

Rupee Declines. Add Gold To Portfolio

Rediff.com4 Dec 2024

New investors should gradually build a 5 to 10 per cent allocation to gold.

Sensex ends above 85,000, Nifty scales 26K

Sensex ends above 85,000, Nifty scales 26K

Rediff.com25 Sep 2024

Benchmark Sensex closed above the 85,000 level for the first time while Nifty scaled the 26,000 peak at close on Wednesday as fag-end buying in banking and power shares helped stock markets recoup early losses. After a see-saw trade during the day, the 30-share BSE Sensex rose by 255.83 points or 0.30 per cent to settle at an all-time high of 85,169.87. During the day, it surged 333.38 points or 0.39 per cent to hit a record intra-day peak of 85,247.42.

Want To Invest In Corporate Bond Funds?

Want To Invest In Corporate Bond Funds?

Rediff.com24 Oct 2024

'When interest rates rise, the NAVs of these funds will fall.' However, they won't fall as much as longer-duration funds.