News for 'francis-mascarenhas'

Keys STUNS Swiatek; Sabalenka one step closer to history

Keys STUNS Swiatek; Sabalenka one step closer to history

Rediff.com23 Jan 2025

Aryna Sabalenka overwhelmed Paula Badosa 6-4, 6-2 with a impressive display of raw power to reach her third successive Australian Open final on Thursday.

T20 WC Champs Light Up Wankhede

T20 WC Champs Light Up Wankhede

Rediff.com5 Jul 2024

Led by the retiring duo of Rohit Sharma and Virat Kohli, the players danced to the electrifying tunes of Chak De India alongside a jubilant crowd.

When Goddess Kali Performed Dahi Handi

When Goddess Kali Performed Dahi Handi

Rediff.com5 Sep 2023

Glimpses from the SNDT Women's University in Mumbai where students observed Janmashtami, Lord Krishna's birthday.

Sebi plans new asset class; minimum investment of Rs 10 lakh

Sebi plans new asset class; minimum investment of Rs 10 lakh

Rediff.com30 Sep 2024

Capital markets regulator Sebi on Monday cleared a proposal to introduce a new asset class for high-risk profile investors to bridge the gap between mutual funds and portfolio management services in terms of flexibility in asset construction. The minimum amount of Rs 10 lakh can be invested for the new asset class per investor across all investment strategies of the new product in a particular AMC.

Ola Electric may lay off 500 staffers in major rejig

Ola Electric may lay off 500 staffers in major rejig

Rediff.com22 Nov 2024

Ola Electric is conducting an restructuring exercise which is expected to affect over 500 employees across various roles within the organisation, according to sources. This would be over 12 per cent of staff at the firm which has about 4,000 people. "This is a restructuring exercise ongoing for the last few months and is expected to conclude by next month," said a person familiar with the development.

Sebi removed 15,000 sites with unauthorised advice in three months

Sebi removed 15,000 sites with unauthorised advice in three months

Rediff.com2 Sep 2024

Kamlesh Chandra Varshney, a whole-time member of the Securities and Exchange Board of India (Sebi), said on Friday that the market regulator in the last three months had removed around 15,000 content sites linked to unregistered finfluencers or providing unauthorised investment advice. Speaking at the Global Fintech Fest, he said there was successful engagement with the technology providers who are complying with the regulator's request.

Can Ola Electric Cruise to 6,146 Cr IPO?

Can Ola Electric Cruise to 6,146 Cr IPO?

Rediff.com30 Jul 2024

The Softbank-backed company has set a price band of Rs 72 to Rs 76 per share for the maiden share sale and is expected to test the appetite for new-age loss-making companies.

The dark side of duty cut on smartphone parts

The dark side of duty cut on smartphone parts

Rediff.com7 Jan 2025

Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday. India's smartphone industry is a 'Make in India' success story, with 2023-24 production reaching $49.2 billion and exports at $15.6 billion, making smartphones the fourth-largest export after diesel, aviation fuel, and polished diamonds.

Weak earnings, slow execution play spoilsport for Power Grid Corp

Weak earnings, slow execution play spoilsport for Power Grid Corp

Rediff.com18 Feb 2025

Power Grid Corporation of India's (PWGR's) Q3FY25 revenue declined 3 per cent year-on-year (Y-o-Y) to Rs 11,200 crore, with operating profit falling 7 per cent Y-o-Y to Rs 9,500 crore and margin contracting to 85 per cent from 91 per cent Y-o-Y. Other income surged 89 per cent Y-o-Y to Rs 500 crore, but regulatory income dropped 62 per cent Y-o-Y to Rs 42.5 crore.

Collins blows kisses at booing crowd, Sinner through

Collins blows kisses at booing crowd, Sinner through

Rediff.com16 Jan 2025

Danielle Collins gave the hostile crowd a roasting after beating local favourite Destanee Aiava in the second round of the Australian Open

Bharat Ratna for Ratan Tata: Maharashtra cabinet passes resolution

Bharat Ratna for Ratan Tata: Maharashtra cabinet passes resolution

Rediff.com10 Oct 2024

Maharashtra cabinet on Thursday passed a resolution urging the central government to confer 'Bharat Ratna', the country's highest civilian award, on legendary industrialist late Ratan Tata.

Swiggy seeks valuation of $11.3 bn; IPO to open on Wednesday

Swiggy seeks valuation of $11.3 bn; IPO to open on Wednesday

Rediff.com5 Nov 2024

Food delivery and quick-commerce major Swiggy, which is coming out with its initial public offering (IPO) on Wednesday, is seeking a valuation of about $11.3 billion. The Bengaluru-based company is aiming to garner Rs 11,327 crore from the IPO, which will comprise a fresh issue of shares worth Rs 4,499 crore along with an offer for sale (OFS) of Rs 6,828 crore. Swiggy has set a price band of Rs 371 to Rs 390 per share for its maiden public issue.

'Ashwin deserved much better; a fitting farewell'

'Ashwin deserved much better; a fitting farewell'

Rediff.com19 Dec 2024

India's World Cup-winning skipper Kapil Dev would like to know why Ravichandran Ashwin decided to call it a day all of a sudden.

Sebi widens scope of T+0 settlement to top 500 stocks from Jan 31

Sebi widens scope of T+0 settlement to top 500 stocks from Jan 31

Rediff.com11 Dec 2024

The Securities and Exchange Board of India (Sebi) on Tuesday announced that the top 500 stocks will be eligible for the same-day settlement cycle (T+0) in a phased manner. This move is seen as a fresh push to ready the market ecosystem to speed up the settlement cycle, which currently stands at T+1.

Had Bumrah not been there, BGT series would've been one-sided: McGrath

Had Bumrah not been there, BGT series would've been one-sided: McGrath

Rediff.com1 Jan 2025

Jasprit Bumrah's incredible performance has prevented the Border-Gavaskar Trophy series from becoming completely lopsided in Australia's favour, said pace great Glenn McGrath, lauding the India spearhead for his ball-control and ability to adapt quickly.

Sebi board decides to tighten SME IPO norms and more

Sebi board decides to tighten SME IPO norms and more

Rediff.com19 Dec 2024

The Sebi board on Wednesday approved a series of measures, including stricter regulatory norms for SME IPOs, a comprehensive overhaul of investment banking regulations, and an expanded definition of Unpublished Price Sensitive Information (UPSI). Also, the board approved reforms to boost ease of doing business for Debenture Trustees, ESG rating providers, InvITs, REITs, and SM REITs.

'Happy Dressing Room Is A Winning One'

'Happy Dressing Room Is A Winning One'

Rediff.com23 Jul 2024

'The most important thing is that they will always have my back. Aim to make it a happy and secure dressing room.'

Will crunch of southpaws affect India at CT?

Will crunch of southpaws affect India at CT?

Rediff.com21 Jan 2025

'In the 2023 World Cup, we lacked batting depth from No. 8 onwards. These are the crucial questions that need to be addressed.'

'Swiggy Is Now Focusing On Overall Growth'

'Swiggy Is Now Focusing On Overall Growth'

Rediff.com16 Dec 2024

'Expect our food delivery business to deliver sustainable adjusted EBITDA margins of about 5 per cent in the medium term.'

Investors become poorer by Rs 4.12 lakh cr in morning trade

Investors become poorer by Rs 4.12 lakh cr in morning trade

Rediff.com6 Sep 2024

Investors' wealth plummeted by Rs 4.12 lakh crore during the morning trade 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 tanked 896.7 points or 1.09 per cent to 81,304.46 during the morning trade.

Jannik Sinner is Australian Open CHAMPION

Jannik Sinner is Australian Open CHAMPION

Rediff.com26 Jan 2025

Jannik Sinner retained his Australian Open title with an emphatic 6-3, 7-6(4), 6-3 win over Alexander Zverev on Sunday

Check Out The MG Cyberster!

Check Out The MG Cyberster!

Rediff.com21 Mar 2024

The MG Cyberster, an electric sports car, was launched in Mumbai, March 20, 2024.

PIX: Unstoppable South Africa thrash Bangladesh

PIX: Unstoppable South Africa thrash Bangladesh

Rediff.com24 Oct 2023

South Africa continued their rampaging form in World Cup 2023 as they thrashed Bangladesh by 149 runs to jump to second place.

Analysts maintain 'Buy' calls on ICICI Bank after Q3; see up to 32% upside

Analysts maintain 'Buy' calls on ICICI Bank after Q3; see up to 32% upside

Rediff.com28 Jan 2025

Defying the bearish sentiment in the markets on Monday, ICICI Bank's share price rose by 2 per cent, reaching an intraday high of Rs 1,234.4 per share on the BSE. With a 1.5 per cent gain at the close, the stock emerged as the top performer on both the BSE Sensex and the National Stock Exchange Nifty 50 indices.

'Unbelievable move': Stokes hails McCullum's appointment

'Unbelievable move': Stokes hails McCullum's appointment

Rediff.com4 Sep 2024

England Test captain Ben Stokes has welcomed coach Brendon McCullum being given additional charge of the country's limited-overs sides.

PIX: Maxwell's 201 floors Afghans; Australia in semis

PIX: Maxwell's 201 floors Afghans; Australia in semis

Rediff.com7 Nov 2023

Images from the ICC World Cup match between Afghanistan and Australia, at the Wankhede stadium in Mumbai, on Tuesday.

Wayanad landslides: 37 children among 222 dead

Wayanad landslides: 37 children among 222 dead

Rediff.com5 Aug 2024

The death toll in the series of deadly landslides that rocked the hamlets of Kerala's Wayanad last week has touched 222, according to the state government on Monday.

'Sarfaraz's very level-headed'

'Sarfaraz's very level-headed'

Rediff.com22 Feb 2024

'I have played with this boy before and he is a very level-headed and down-to-earth guy. I am really proud of him.'

RBI rate cut in Dec? Unlikely, say experts

RBI rate cut in Dec? Unlikely, say experts

Rediff.com2 Dec 2024

Despite gross domestic product (GDP) growth being lower-than-expected for the July-September quarter, the six-member Monetary Policy Committee (MPC) may not cut the policy repo rate in the review meeting scheduled for next week due to high inflation in October, according to experts. "Consumer Price Index (CPI) inflation breaching the upper limit of the RBI's tolerance band in October (6.2 per cent year-on-year) is not a favourable backdrop for the MPC to commence the easing cycle, even as the growth outcome disappointed the MPC's expectations," said Shreya Sodhani, regional economist at Barclays, who expects the policy repo rate to be kept unchanged in the December meeting.

Sebi proposes mandatory UPI block secondary market for larger brokers

Sebi proposes mandatory UPI block secondary market for larger brokers

Rediff.com29 Aug 2024

The Securities and Exchange Board of India (Sebi) plans to mandate the UPI block mechanism, also known as the ASBA-like facility, in the secondary market for Qualified Stock Brokers (QSBs). QSBs are brokers with larger client sizes and thus more significance in the market ecosystem.

'Wayanad Is A Man-Made Tragedy'

'Wayanad Is A Man-Made Tragedy'

Rediff.com19 Aug 2024

'It was specifically mentioned in the Gadgil Committee report that this particular area where the colossal landside happened now should be in the Environmentally Sensitive Area under Zone 1.' 'Zone 1 is the most important and ecologically sensitive area, and that it has to be protected entirely.' 'At least 90% of the Wayanad disaster is man-made.'

What Does RBI Want To Discuss With Private Banks?

What Does RBI Want To Discuss With Private Banks?

Rediff.com4 Nov 2024

Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.

Write off landslide victims' loans, Kerala CM tells banks

Write off landslide victims' loans, Kerala CM tells banks

Rediff.com19 Aug 2024

Kerala Chief Minister Pinarayi Vijayan on Monday urged various banks to write off the loans availed by landslide victims and survivors in Kerala's Wayanad.

Bumrah frustrated on missing out on 'spiciest wicket'

Bumrah frustrated on missing out on 'spiciest wicket'

Rediff.com5 Jan 2025

Jasprit Bumrah was left frustrated after missing out on another chance to bowl on the "spiciest wicket of the series". However, India's premier pacer emphasized that sometimes it becomes imperative for a player to respect his body.

Is Novak Djokovic The GOAT?

Is Novak Djokovic The GOAT?

Rediff.com14 Jan 2025

The unanswerable question, of course, is whether Djokovic is the GOAT. That's a complex issue over which fans will forever bicker, observes Kanika Datta.

JSW MG surges in sales: Is this the disruption electric car market needs?

JSW MG surges in sales: Is this the disruption electric car market needs?

Rediff.com30 Nov 2024

In September, JSW MG Motor India, the newly minted joint venture between SAIC Motor, which is present in 100 countries, and Indian conglomerate JSW Group, launched the Windsor, an electric car that introduced battery as a service (BaaS).

Amazon Pay UPI surpasses 100 million customers, marking a major milestone

Amazon Pay UPI surpasses 100 million customers, marking a major milestone

Rediff.com27 Aug 2024

Amazon Pay UPI has crossed 100 million customers, with the online platform used mainly for e-commerce transactions, utility bill payments and mobile recharges, the company announced on Monday.

'Global Warming Isn't Going To Come Down'

'Global Warming Isn't Going To Come Down'

Rediff.com17 Mar 2025

'The global climate system doesn't look at where the carbon dioxide is coming from. 'It may be emitted by the US, but it will not remain above the US alone but covers the whole world.'

Why Ashwin-Jadeja combine has Australia worried

Why Ashwin-Jadeja combine has Australia worried

Rediff.com27 Sep 2024

'If we play well against those two (Ashwin, Jadeja), we'll generally find ourselves in a better position compared to when they've had a field day and run through us.'

Brokerages upbeat on TCS after Q3 miss

Brokerages upbeat on TCS after Q3 miss

Rediff.com12 Jan 2025

Most global as well as domestic brokerages are upbeat on India's largest IT services provider, Tata Consultancy Services (TCS), despite its performance during the December quarter of FY25, when it missed Street estimates. On the bourses, the TCS share price rallied as much as 6.44 per cent to hit an intraday high of Rs 4,296.80 apiece, before settling 5.67 per cent higher at Rs 4,265.55.