Jane Street could do what they did because of the most fundamental flaw in the Indian stock market: a fragmented, fractured, fissured, fistula-ed liquidity stream, points out Shankar Sharma.
The ministry of civil aviation clarified that, contrary to circulating reports, a video recorder that had been recovered at the crash site was not the DFDR.
Amid opposition call for his resignation over the Beed sarpanch murder case, Maharashtra minister Dhananjay Munde on Wednesday said he is ready to quit if asked by Chief Minister Devendra Fadnavis or deputy CM Ajit Pawar.
Investor confidence in value mutual funds remains robust, with the category witnessing an inflow of Rs 1,556 crore in January, indicating a shift in their focus towards fundamentally strong yet undervalued stocks.
Dia writes a letter... Mouni sends a postcard...Kapil twins with family...
'The CM's credibility is on the line.'
Right to Information activist Anjali Damania tells Rediff.com's Prasanna D Zore that she is confident that if a judicial probe is ordered into the irrigation scam, NCP leader Ajit Pawar would surely be implicated.
She also demanded that the inquiry be completed within six months and the case be heard by a fast-track court.
Activist-turned-politician and senior Aam Aadmi Party leader from Maharashtra, Anjali Damania, who unsuccessfully contested against former Bharatiya Janata Party president Nitin Gadkari from the Nagpur Lok Sabha seat has quit the party.
AAP is quite keen to repeat party chief Arvind Kejriwal's sterling victory against Delhi's former chief minister Sheila Dikshit by pitting Damania against Gadkari in the proposed high-profile contest.
"I quit... I believed him... I backed Arvind for principles not horse-trading," she tweeted.
The exodus of foreign investments from Indian equity markets continued unabated, with FPIs pulling out nearly Rs 20,000 crore in the last five trading sessions on higher valuations of domestic stocks and shifting their allocation to China. As a result, foreign portfolio investors (FPIs) have turned net sellers in the equity market, with total outflows reaching Rs 13,401 crore for 2024 so far. Going ahead, the FPI selling trend is likely to continue in the near term till data indicate the piossibility of a trend reversal.
Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in. The success of welfare schemes and electoral promises will need careful financial planning and out of the box thinking to whip up additional revenue, notes Ramesh Menon.
The IPO market will be bustling next week, with four companies, including Bajaj Housing Finance, set to launch their initial share-sale to raise a total of Rs 8,390 crore. Besides these four main-board IPOs, nine SMEs are preparing to debut with their maiden public issues next week, targeting to collect Rs 254 crore. Together, these 13 firms are looking to raise Rs 8,644 crore through IPO.
Rediff.com Contributing Photographer Pradeep Bandekar glimpsed these stars on Tuesday
Laal Singh Chaddha's kick off party in Chandigarh.
After spending the day shooting for her talk show What Women Want, the actress went home to celebrate her wedding anniversary with hubby Saif Ali Khan.
Small stocks of Dalal Street grappled with turbulent times in 2022 as high volatility and higher interest rate regime sapped investors' appetite for these scrips but the horizon ahead seems less cloudy for the New Year. While the 30-share Sensex scaled multiple record peaks with bluechips glittering, small stocks underperformed and the BSE smallcap index declined more than 3 per cent this year. In comparison, the BSE Sensex climbed 2,673.61 points or 4.58 per cent till December 27.
Among the Sensex firms, Bajaj Finance emerged as the biggest gainer by climbing 2.95 per cent. Tata Motors, Bajaj Finserv, IndusInd Bank, Sun Pharma, Mahindra & Mahindra, State Bank of India, Larsen & Toubro, HDFC, HDFC Bank, Maruti, Reliance Industries and Bharti Airtel were the other major winners. HCL Technologies, Axis Bank, ICICI Bank, Tech Mahindra and Titan were among the laggards.
Scenes from Kareena's girly workation.
As reports of political parties swiftly switching loyalties -- to quench their thirst for power -- swirl over Maharashtra, Rediff.com speaks to different players involved in the game of thrones.
Equity benchmarks Sensex and Nifty ended on a mixed note on Wednesday as the euphoria about the Budget fizzled out, with investors going for profit-taking ahead of the Fed interest rate decision. The 30-share BSE benchmark Sensex climbed 158.18 points or 0.27 per cent to settle at 59,708.08 after it trimmed most of the intra-day gains. During the day, it had zoomed 1,223.54 points or 2 per cent to 60,773.44.
The actress turned 36 on September 21.
Nationalist Congress Party legislator and former Maharashtra minister Jitendra Awhad on Monday said he has decided to resign as member of the legislative assembly over "fake" cases registered against him by the police.
From acing cotton maxi dresses to rocking kaftans and gowns, Kareena Kapoor Khan is truly living up to the fashionista tag while enjoying her second pregnancy.
RTI activist and India Against Corruption member Anjali Damania on Tuesday confirmed that Bharatiya Janata Party president Nitin Gadkari would be the next person to be 'exposed' before the public.
Bharatiya Janata Party President Nitin Gadkari on Thursday served a legal notice on RTI activist Anjali Damania for alleging that he had tried to cover up the irrigation scam when she approached him and demanded an apology from her.
In a new twist to the political crisis in Maharashtra that has risen from an irrigation scam, one of the whistleblowers has named Bharatiya Janata Party president Nitin Gadkari for trying to suppress it.
Raveena shares a wow throwback picture...Tisca shares her OTT binge list...
Glimpses from the 6th edition of designer Maheka Mirpuri's charity gala and fundraiser.
Unfazed by Nitin Gadkari's legal notice over her statement -- that he did not want her to pursue the irrigation scam in Maharashtra -- RTI activist Anjali Damania has said she will not tender a public apology to the Bharatiya Janata Party president. "I received the defamation notice last evening around 6 pm. He (Gadkari) said if I apologise, he won't file a suit against me. But I refuse to give an apology, because whatever I said is true," the RTI activist said.
Bollywood mourned designer Vikram Phadnis's mother's passing.
Anish Damania of Emkay Shares and Stock Brokers gives his view on certain stocks post their results
For Jet's revival, Mr Jalan should be on the scene long enough for everyone to get to know him, appreciate his skills, and not vanish into thin air within a matter of months or even weeks, observes Anjuli Bhargava.
The Supreme Court on Friday stayed the Bombay high court order directing sale of bankrupt Housing Development and Infrastructure Ltd (HDIL) to ensure the repayment of dues of crisis-hit Punjab and Maharashtra Cooperative Bank. A bench comprising Chief Justice S A Bobe and justices B R Gavai and Surya Kant took note of the appeal of the Reserve Bank of India against the Bombay high court order.
A weekly roundup of the best and worst styles from the celebrity circuit. Scroll down to take a look!
Global warming can cause extreme floods and droughts and can mean snowfall is replaced by rain, with higher evaporation rates.
A weekly roundup of the best and worst styles from the celebrity circuit. Scroll down to take a look!
The activist, Bhupendra Vira, who had been fighting against land mafia, unauthorised structures and encroachments in and around Kalina, was attacked on Saturday night.
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