From the Sensex firms, Adani Ports, Eternal, Bajaj Finance, Axis Bank, Bajaj Finserv, Reliance Industries, Power Grid and NTPC were the major gainers. Sun Pharma, however, tanked over 5 per cent.
rediffGURU Dr Nagarajan JSK helps students make the right career choices.
The international cargo operations of two major carriers - IndiGo and Air India Group (Air India and Vistara) - are experiencing opposite trajectories despite both the airlines significantly expanding their international flight offerings over the past year. During the fourth quarter of 2023-24, IndiGo's international non-passenger cargo business declined to 6,848 tonnes. This is an 18.2 per cent year-on-year (Y-o-Y) decrease, according to data from the Directorate General of Civil Aviation (DGCA)
The Congress on Sunday demanded answers from the government on whether it has accepted third-party mediation on Kashmir after the United States made announcements on behalf of India and Pakistan, and slammed attempts to 'internationalise' the issue and 'hyphenate' the two countries.
External Affairs Minister S Jaishankar has asserted that India has zero tolerance for terrorism and will never give in to nuclear blackmail, emphasizing that New Delhi will deal with Pakistan purely bilaterally. He made these remarks during a joint press conference with his German counterpart in Berlin, where he also highlighted the importance of the strategic partnership between India and Germany, emphasizing the need for a free trade agreement between the two nations.
Chief of Air Staff Air Chief Marshal A P Singh on Thursday flagged serious concerns over inordinate delays in various defence acquisition projects and failure to stick to delivery schedules for supply of key platforms even as he hailed Operation Sindoor as a 'national victory'.
Mukesh Ambani-led Reliance Industries Ltd (RIL) plans to invest Rs 75,000 crore ($9 billion) each into its new energy business and petrochemical expansion, according to a company presentation. In its FY25 result statement, Ambani said the company has laid a strong foundation for its projects in renewable energy and battery operations. "In the coming quarters, we will see the transition of this business from incubation to operationalisation.
'The size of the investments is important, but equally crucial is the number of jobs that these proposals create.'
Shares of Tata Consultancy Services (TCS) declined after the information technology (IT) major reported a 1.3 per cent sequential drop in net profit for the March quarter, prompting several brokerages to cut their target prices. The TCS stock fell as much as 1.26 per cent during the day to Rs 3,205 per share.
According to a survey by the Confederation of Indian Industry, the Business Confidence Index for October- December 2010 fell by 1.4 points to 66.2, compared to an increase of 1.5 points in the first half of 2010-11 (April- September).
The government is considering initiating a probe by the Serious Fraud Investigation Office (SFIO) against Gensol Engineering and its promoters, according to sources familiar with the matter. "It is under consideration at this stage. A final decision will be taken soon," a government official said.
Royal Challengers Bengaluru and Punjab Kings, two sides chasing their first IPL title, will square off in a tantalising Qualifier 1 encounter on Thursday, May 29, 2025.
The retirement of Ravichandran Ashwin has opened the door for other spin all-rounders to step up, and Vidyut is confident that Washington Sundar could be the one to watch.
'Rinku supported Zeeshan a lot during UP T20 league. A leg-spinner needs a lot of confidence from his captain. He was brought into bowl at crucial junctures and that helped him catch attention of scouts.'
Singapore's long-ruling People's Action Party (PAP), led by Prime Minister Lawrence Wong, has secured a landslide victory in the country's general election. The PAP won 87 of 97 seats, with voters endorsing the party's focus on stability and economic security amidst global uncertainties. Wong expressed gratitude for the strong mandate and vowed to tackle concerns about the cost of living and housing. The results mark a significant win for the PAP, which has been in power since Singapore's independence in 1965.
'Dharmendra was paying a little extra attention to me and she didn't like it.'
The Securities and Exchange Board of India (Sebi) has introduced stricter Key Performance Indicator (KPI) disclosures for initial public offers (IPOs). These new standards, developed in collaboration with industry associations, aim to enhance transparency and provide investors with a clearer understanding of a company's valuation and business performance.
'We have got lots of energy within the group and as I said before we are really excited about the opportunity that we have given ourselves to go out there and play our best game.'
'However, we have seen weakness in our active pharmaceutical ingredients business.'
The Delhi Capitals will be looking to improve their batting performance in the middle overs when they face a struggling Kolkata Knight Riders in their Indian Premier League match on Tuesday.
LIC said USTR's views are based on an incomplete understanding of Indian insurance regulation and LIC's functioning.
Gensol Engineering, the beleaguered firm that came under market regulator Sebi's lens for fund diversions and governance lapses, said that its independent director Arun Menon has resigned with immediate effect.
India's services sector activity expanded at the slowest pace in over two years in January amid softer increases in sales and output, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell from 59.3 in December to 56.5 in January -- its lowest level since November. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.
The BJP's vote share in Cuttack went up from 9 per cent in 2009 to 38 per cent in 2019.
Lewis Hamilton has expressed his total confidence in Ferrari after the Italian Formula One team's double disqualification in China.
Firodia talked about his plans for the EV-components business, and the components business at large for the group
'Thankfully, as Indians, we have a long history of trans people in our culture, in our religions, in our mythology.' 'It's not a fad which has suddenly come into existence, the way that a lot of Americans treat it.'
Hindenburg Research, the forensic financial firm that challenged the Adani Group, took its name from the infamous airship that burst into flames upon arriving in New Jersey in 1937. And the counter to its damning report against the conglomerate was dubbed 'Operation Zeppelin,' named after the German dirigible airships used for reconnaissance and bombing during the First World War.
Delhi Capitals skipper Axar Patel would like to quickly forget the underwhelming performances of his side in home conditions and get their stuttering campaign back on track when they take on Sunrisers Hyderabad, who are teetering on the edge of elimination, in the IPL match in Hyderabad on Monday.
'The main worry is lots of new investors coming into the markets in order to make a quick buck/easy money.' 'Those things are happening again and have happened in the past as well.' 'All that has led to problems.' 'We are not there yet, but will get there eventually.'
Kolkata Knight Riders' new vice-captain Venkatesh Iyer has ventured into the skincare market by launching a range of grooming products and supplements under the brand - Rushr.
India's manufacturing sector growth fell to an eight-month low in September amid softer increase in factory production, sales and new export orders, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 57.5 in August to 56.5 in September, registering the weakest pace of growth since January.
GT vaulted to the top of the table with 16 points, while MI now find themselves in must-win territory in their remaining games.
From the Sensex pack, Zomato jumped over 7 per cent. ICICI Bank, Mahindra & Mahindra, Tata Motors, Larsen & Toubro, Asian Paints, Titan, Kotak Mahindra Bank and State Bank of India were among the gainers. However, Bajaj Finserv, Bharti Airtel, Tech Mahindra and Reliance Industries were the laggards.
The restaurant chains are riding the Hallyu wave -- a phenomenon about the growing global prominence of South Korean pop culture.
'I am worried that Pakistan will still feel compelled to take substantive military action beyond this apparent drone activity.' 'If so, the crisis could persist for a while more and dangerous days are still ahead.'
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Mahendra Singh Dhoni provided the flourish at the end as Chennai Super Kings outclassed Lucknow Super Giants by five wickets to break their run of losses.
The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.
'I did not fall for the box office pressures.'
