Investor confidence in unlisted shares was shaken after recent developments that saw online drugstore PharmEasy issuing new shares in a rights issue at a 90 per cent discount to its previous valuations and Reliance Retail's move to buy back and cancel shares held by public investors. Both stocks were, at one time, very popular in the unlisted market, with canny investors cornering them with the objective of benefiting from their listing. "Since investors have suffered losses on both counts, they will be careful when it comes to dealing in shares of unlisted companies," observes a broker dealing in unlisted shares, adding that there will be some rationality to the pricing.
A look at how the cricket fraternity wished Dhoni his 42nd birthday
'Assam Rifles have prevented a large number of genocides and killings.'
The BJP said it is legal with adequate safeguards and in the interest of national security..
Unperturbed by the FIH diktat asking member countries to either stay away from the World Series Hockey or risk Olympics exclusion, the organisers of the league on Thursday said they will "go ahead" as planned and seek legal recourse against the game's governing body if necessary.
Mahela Jayawardena pays a heartfelt tribute to newly inducted ICC Hall of Famer Aravinda de Silva.
A special screening was held in Mumbai for Janhvi Kapoor's new release, Mili.
Congress leader Navjot Singh Sidhu's wife Navjot Kaur on Friday said her husband 'gifted' the chief minister's chair to Bhagwant Mann, claiming that Arvind Kejriwal once wanted the former cricketer to lead Punjab but he chose not to betray his party.
Hardik Pandya was all smiles as he caught up with nephew Kavir -- his elder brother Krunal and sister-in-law Pankhuri's baby son born last month.
There's no love like the love for a sibling, and Bollywood sure does agree, says Sukanya Verma.
There's no love like the love for a sibling, and Bollywood sure does agree, says Sukanya Verma.
Rinku Singh speaks in a matter of fact manner, just like his evening job under arc-lights -- smoke the bowlers to all parts of the park and dip the crowd in delirium.
In two years of tough negotiations to create the new BRICS development bank, the main stumbling block was not a lack of resources or commitment, but fellow partner China.
Rediff.com's Prasanna D Zore witnessed history being written when Prime Minister Manmohan Singh addressed the Maldivian parliament -- the first foreign dignitary to do so since it came into being in 2009
The former BCCI president says more than a coach, the team needs someone who can walk up to the players and talk to them.
'Bigg Boss is not only about fighting with people, it's survival of the fittest.'
In one of the most endearing messages for the India U-17 squad, senior team skipper Sunil Chhetri on Thursday sought "forgiveness for being jealous" of the likes of Amarjit Singh and Co, who are set to be part of India's first ever World Cup squad.
Cochin-born and raised Shaffi Mather, founder of an ambulance service that has revolutionized medical transport in Mumbai and Kerala, was appreciative of President Obama's "vision of trying to bring together grassroots and community-based entrepreneurs, instead of the regular Fortune 500 and Forbes businessmen."
A candid dialogue between India and Pakistan's security establishments and intelligence services is the only way to move forward for both countries in securing peace, said Mahmud Ali Durrani, Pakistan's former national security advisor and ex-ambassador to United States. While giving the first memorial lecture in memory of R.K Mishra, founder of Observer Research Foundation in New Delhi, Durrani sketched the plan for bridging the gap between two countries.
'I hope more shows highlight the unsung heroes of our rich history.' 'As for bringing the trophy home, a man can hope, but truly I am just excited to be there.'
'Given that they are playing at home and will have full crowd support, India, who are in peak form and whose morale is high, will be the favourites.'
Advertising industry watchdog ASCI upheld complaints against 82 campaigns in June for misleading ads, including those of Flipkart, Uber, Snapdeal, Vodafone.
"Muzzling the Internet and censoring online content through PIB is the Modi government's definition of 'fact checking'," Pawan Khera alleged.
Beware! Use of words such as 'attack', 'bomb', 'blast' or 'kill' in tweets, status updates, emails or blogs may bring you under surveillance of security agencies as the government will soon launch 'Netra', an internet spy system capable of detecting malafide messages.
The National Security Agency lost its authority to collect the phone records of millions of Americans, thanks to a new reform measure Congress passed on Tuesday
Bihar Chief Minister Nitish Kumar on Saturday hinted that a meeting of opposition leaders may take place in Patna after the crucial Karnataka assembly polls were over as many would be busy electioneering there.
''As a neighbour and a big brother of our country, India has always helped us.'
Britain's Jamie Murray gained an early claim to bragging rights over younger brother Andy when he combined with Brazil's Bruno Soares to win the Australian Open men's doubles title early on Sunday.
If you thought you loved Mohanlal and that you could watch him do anything for 120 minutes, Alone is your chance to put your love to the test, observes Mayur Sanap.
Though millions of BlackBerry users may be worried about the Indian government snooping on them, only the phones of certain terror suspects would be tracked, reports Vicky Nanjappa
Shamita celebrates her birthday... Ananya and Rajkummar promote their movies...
Rediff.com takes a look at how politicians celebrated Raksha Bandhan across India.
A slow-left arm spinner and a dasher down the order, West Indies all-rounder Akeal Hosein declared himself as a 'total all-rounder'.
The day before her 56th birthday on Monday, Janet Jackson made a rare appearance at the 2022 Billboard Music Awards in Las Vegas to present an award to singer Mary Jane Blige.
Shubman Gill says his intent to look for boundaries despite wickets falling at the other end contributed immensely to his sensational double hundred in the first ODI against New Zealand on Wednesday.
As Dhoni turned 41 on Thursday, the cricket fraternity showered their heartfelt wishes
'Only when we show magnanimity and grace, give them the required respect and space, will they show the willingness to listen to us wholeheartedly,' says\nNCP leader Devi Prasad Tripathi.
Rediff.com Contributing Photographer Pradeep Bandekar encountered these stars on Monday.
Between shrieky humour, overstated emotions and done-to-death bouts of London tourism, Double XL plods to kickstart the actual discussion, sighs Sukanya Verma.