News for 'francis-mascarenhas'

How the markets will fare this week

How the markets will fare this week

Rediff.com20 Oct 2024

Quarterly earnings from corporates, global trends, and trading activity of foreign investors will guide market sentiment this week, analysts said, adding that benchmark indices may face volatile trends. "The upcoming release of Q2 results will be closely watched, providing insights into corporate performance. "Meanwhile, the escalating tensions between Israel and Iran introduce a significant geopolitical risk, potentially leading to increased oil prices and market volatility.

'Kohli Writing Final Chapter Of His Story'

'Kohli Writing Final Chapter Of His Story'

Rediff.com22 Dec 2024

'Greatness isn't just about what they achieve in their prime. It's about how they adapt, endure, and finish.'
'Kohli, Smith, and Root are writing the final chapters of their stories, and we should honour their courage as much as their brilliance.'

J-K bans WhatsApp, Gmail for sensitive official documents transmission

J-K bans WhatsApp, Gmail for sensitive official documents transmission

Rediff.com26 Nov 2024

The Jammu and Kashmir government has banned the use of third-party tools like WhatsApp and Gmail for transmitting sensitive official documents, citing security concerns. The order, issued by the General Administration Department, states that these platforms are not designed to handle classified information and their security protocols may not meet the stringent standards required for official communications. It highlights potential risks such as unauthorized access, data breaches, and leaks of confidential information. The order emphasizes the importance of using government email facilities, instant messaging platforms, and secure networks for handling sensitive information. It also prohibits the use of digital assistants and smartphones during discussions on classified matters. The government has warned of disciplinary action for non-compliance with these directives.

Wayanad rescuers fight crippling odds to move over 1,500 to safety

Wayanad rescuers fight crippling odds to move over 1,500 to safety

Rediff.com1 Aug 2024

The construction of a Bailey bridge to connect the landslide-hit areas, where several people are believed to be stranded, alongside the deployment of sniffer dogs and over 1,000 rescuers from Central and state emergency response teams conducting massive search operations, constitutes one of the largest rescue efforts in the Wayanad, devastated by a deadly calamity.

De Kock, Klaasen star as SA trounce Bangladesh

De Kock, Klaasen star as SA trounce Bangladesh

Rediff.com24 Oct 2023

De Kock combined with Markram (60) in a 131-run stand to steady the innings before he and Heinrich Klaasen tore apart the Bangladesh attack plundering 142 runs from 87 balls.

Govt invites applications for RBI deputy governor's post, last date Nov 30

Govt invites applications for RBI deputy governor's post, last date Nov 30

Rediff.com5 Nov 2024

The government has invited applications for the post of deputy governor of the Reserve Bank of India (RBI) from interested candidates with at least 25 years of experience and below 60 years of age as on January 15, 2025. One of the deputy governors, Michael Patra's current term will end on 15 January. The last date of submission of applications is November 30, 2024.

RBI turned down request to appoint ex-CBI official on board: Religare

RBI turned down request to appoint ex-CBI official on board: Religare

Rediff.com25 Oct 2024

Religare Enterprises, a financial services firm, has disclosed that the Reserve Bank of India (RBI) turned down its application to appoint Rakesh Asthana as its whole-time director in May this year without citing any reasons. Asthana is a former top official of the Central Bureau of Investigation (CBI). In a notice to the stock exchanges, Religare said that while the company and Asthana were weighing the options of dealing with the letter of refusal by the RBI, it was also busy in preparing for the "herculean task" of making ready multiple applications to regulators.

Govt appoints three new external RBI MPC members

Govt appoints three new external RBI MPC members

Rediff.com1 Oct 2024

The government on Tuesday appointed three external members -- Ram Singh, Saugata Bhattacharya and Nagesh Kumar -- to the RBI's rate-setting Monetary Policy Committee for four years. The central government has reconstituted the Monetary Policy Committee (MPC) of RBI, the finance ministry said in a statement. Ram Singh is the director of the Delhi School of Economics, Saugata Bhattacharya is an economist, and Nagesh Kumar is the director and Chief Executive, Institute for Studies in Industrial Development, New Delhi.

O2C drag clogs RIL's flow

O2C drag clogs RIL's flow

Rediff.com23 Oct 2024

Reliance Industries' (RIL's) oil-to-chemicals (O2C) business is likely to remain under pressure for the remaining of the current financial year, according to analysts and company executives. "Management guides for softness for the next couple of quarters in both retail and O2C businesses," analysts at BOB Capital Markets noted in an after-results report on RIL. For the July-September quarter (Q2) of 2024-25 (FY25), RIL's O2C business reported a 5.1 per cent year-on-year increase in revenue to Rs 1.55 trillion.

How Ratan Tata reacted when govt picked BMW bullet-proof cars over TaMo

How Ratan Tata reacted when govt picked BMW bullet-proof cars over TaMo

Rediff.com10 Oct 2024

On another occasion, he recalled, as part of the SPG, he was tasked with the security of the then prime minister Manmohan Singh and assigned the responsibility of escorting Tata from Taj Mansingh Hotel in New Delhi.

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.

'India Will Come To Pakistan For Champions Trophy'

'India Will Come To Pakistan For Champions Trophy'

Rediff.com7 Oct 2024

The BCCI has not yet confirmed India's participation in the Champions Trophy, which is slated to be held in Pakistan in February-March.

When Will Air India Be Profitable?

When Will Air India Be Profitable?

Rediff.com29 Nov 2024

'We don't give any guidance about profitability. We have internal targets but we don't discuss them publicly.'

BJP Celebrates Modi's Third Term

BJP Celebrates Modi's Third Term

Rediff.com4 Jun 2024

Celebrations had already begun at BJP headquarters before the full announcement of results.

Champions Trophy: Sending Team To Pakistan Would Be Dangerous

Champions Trophy: Sending Team To Pakistan Would Be Dangerous

Rediff.com9 Dec 2024

Even a whiff of an incident like the violent 1989 shirt-ripping attack on Krishnamachari Srikkanth by a Karachi spectator would be ruinous. It would set back the ties further, derail an ongoing tournament, and harden Indian attitudes on playing Pakistan anywhere at all, asserts Shekhar Gupta.

Sebi board okays new asset class, MF Lite rules

Sebi board okays new asset class, MF Lite rules

Rediff.com1 Oct 2024

The Securities and Exchange Board of India (Sebi) on Monday approved the introduction of a new asset class, designed to offer greater flexibility to fund managers and target investors with a higher risk appetite. The markets regulator also cleared the liberalised Mutual Funds Lite (MF Lite) framework, aimed at fund houses that solely launch passively managed schemes. In another significant move, the board reduced the timeframe for rights issues from the current 317 working days to just 23.

49 children missing or dead in Wayanad landslides: Minister

49 children missing or dead in Wayanad landslides: Minister

Rediff.com2 Aug 2024

The minister added that many of the surviving children have lost their textbooks and certificates, among others, and the government will consider all these matters and help them after a discussion with the chief minister.

Fans Celebrate India On R-Day!

Fans Celebrate India On R-Day!

Rediff.com27 Jan 2024

With the Republic Day weekend, both days of play have seen the stands brimming with crowds. From school children to adults, all have been waving the Tricolour as Rohit Sharma and Co continue to dominate the visitors.

Aus Open PIX: Djokovic, Alcaraz cruise; Osaka exits with injury

Aus Open PIX: Djokovic, Alcaraz cruise; Osaka exits with injury

Rediff.com17 Jan 2025

Carlos Alcaraz secured his passage into the fourth round of the Australian Open with a 6-2, 6-4, 6-7(3), 6-3 victory over Nuno Borges.

Sunset for once-storied Jet Airways as turbulent insolvency flight ends

Sunset for once-storied Jet Airways as turbulent insolvency flight ends

Rediff.com7 Nov 2024

More than five years ago on an April evening, cash-starved Jet Airways announced temporary grounding of operations after flying as a full service airline for 25 years. Since then, more than 20,000 jobs and money worth thousands of crores owed to lenders, vendors and passengers evaporated while awaiting an insolvency resolution. And today, the Supreme Court ordered the airline's liquidation, marking the formal completion of a turbulent journey into the sunset and shattering lean revival hopes.

Aus Open PIX: Swiatek, Raducanu, Fritz advance

Aus Open PIX: Swiatek, Raducanu, Fritz advance

Rediff.com16 Jan 2025

Images from Day 5 of the 2025 Australian Open at Melbourne Park on Thursday.

PIX: India's pacers blow away Sri Lanka for 55

PIX: India's pacers blow away Sri Lanka for 55

Rediff.com2 Nov 2023

Mohammed Shami and Mohammed Siraj sent Sri Lanka crashing for 55 as India scored a thumping 302-run victory to qualify for semis.

Noel Tata To Debut At Tata Sons Board Meeting Today

Noel Tata To Debut At Tata Sons Board Meeting Today

Rediff.com21 Nov 2024

Indications are that the Tata Sons stand on listing of the company may come up for a discussion even if it's not part of the agenda

Mumbai Parties As Jailor Releases

Mumbai Parties As Jailor Releases

Rediff.com10 Aug 2023

Rajinikanth's Jailor released in theatres to much frenzy among his fans.

Sebi's 2024 review: Push for reforms continued despite controversies

Sebi's 2024 review: Push for reforms continued despite controversies

Rediff.com31 Dec 2024

In 2024, the Securities and Exchange Board of India (Sebi) implemented significant reforms, focusing on cooling down the derivatives segment, enhancing transparency and accountability in small and midsised enterprise (SME) listings, and deepening the fund management ecosystem.

This SEBI Internship Will Pay You Rs 70,000

This SEBI Internship Will Pay You Rs 70,000

Rediff.com14 Aug 2024

As many as 54 professionals will be shortlisted for the SEBI Young Professional Programme.

Sebi to auction 27 properties of Rose Valley group worth Rs 63.26 crore on Nov 25

Sebi to auction 27 properties of Rose Valley group worth Rs 63.26 crore on Nov 25

Rediff.com16 Oct 2024

Capital markets regulator Sebi on Wednesday said it will auction 27 properties of Rose Valley group of companies on November 25 at a reserve price of Rs 63.26 crore in a bid to recover money raised by the firm from the public through illicit schemes. The properties to go under the hammer include flats, buildings, land parcels and hotels located in West Bengal and Bihar, the Securities and Exchange Board of India (Sebi) said in a notice. The e-auction will be conducted on November 25 between 11 am to 1 pm.

WC PHOTOS: India thrash Sri Lanka by 302 runs, qualify for semi-finals

WC PHOTOS: India thrash Sri Lanka by 302 runs, qualify for semi-finals

Rediff.com2 Nov 2023

IMAGES from the World Cup match between India and Sri Lanka played at the Wankhede stadium in Mumbai on Thursday

Where 31 Patients Died In 48 Hours

Where 31 Patients Died In 48 Hours

Rediff.com5 Oct 2023

The Shankarrao Chavan Government Medical College and Hospital in Nanded, Maharashtra, is where 31 patients died in 48 hours this week.

Brokerages split after JSW Steel Q3 results miss estimates

Brokerages split after JSW Steel Q3 results miss estimates

Rediff.com28 Jan 2025

Steel maker JSW Steel's Q3 results, announced on January 24, 2025, after market hours, failed to meet Street expectations. The company reported a consolidated net profit attributable to the owners of Rs 717 crore in Q3FY25, reflecting a 70.3 per cent decline Y-o-Y, compared to Rs 2,415 crore in Q3FY24.

Despite short-term blip, Sun Pharma remains favourite among investors

Despite short-term blip, Sun Pharma remains favourite among investors

Rediff.com28 Dec 2024

Around six weeks ago, Sun Pharmaceutical Industries, India's largest drugmaker, suffered a setback, which led to a selloff in the share. The US District Court of New Jersey granted Incyte's request for a preliminary injunction against Sun Pharma's launch of Leqselvi, a drug that treats alopecia.

Class 3 student's praise of Army's Wayanad rescue goes viral

Class 3 student's praise of Army's Wayanad rescue goes viral

Rediff.com7 Aug 2024

A letter penned by a school student lavishing praise on soldiers involved in rescue operations in landslides-hit Wayanad has won the heart of the Indian Army, which gave him a touching reply through its social media handle.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com27 Oct 2024

Equity investors will track the trading activity of foreign investors, global trends and ongoing earnings results for further cues, and benchmark indices may continue to witness consolidation in a holiday-shortened week amid the monthly derivatives expiry, analysts said. Markets fell sharply last week amid massive foreign capital outflows and dismal Q2 earnings so far. Weakness in the markets might continue in the near term amid cautiousness among investors ahead of the US presidential election early next month, an expert said.

RBI seeks details of select NBFCs' loan book growth

RBI seeks details of select NBFCs' loan book growth

Rediff.com25 Sep 2024

The Reserve Bank of India (RBI) has sought granular data from select non-banking financial companies (NBFCs) on their loan book growth. The details sought are on the outstanding product-wise portfolio and the annualised interest charged on them. The annualised interest slabs mentioned are as follows: less than 10 per cent, 10-20 per cent, 20-30 per cent, 30-40 per cent, 40-50 per cent, and above 50 per cent.

'Shubman Gill is the guy'

'Shubman Gill is the guy'

Rediff.com31 Jan 2024

'It's all about people who will perform at the right time, and that's going to happen in April and May during the IPL.'

#AmbaniWedding: Are These The Best Dressed Stars? VOTE

#AmbaniWedding: Are These The Best Dressed Stars? VOTE

Rediff.com15 Jul 2024

When you are attending one of the most high-profile weddings in the world, you expect nothing less than opulent fashion on display. That's exactly what we saw at the lavish wedding of Radhika Merchant and Anant Ambani.

Why Wayanad's Landslide Survivors Are Protesting

Why Wayanad's Landslide Survivors Are Protesting

Rediff.com27 Mar 2025

In the months immediately following the 2024 tragedy, reporting on the landslide per se had been a straightforward affair. On one side was death and destruction. On the other side, survivors and the business of survival. It was black and white. What direction to take was clear. Rehabilitation in comparison, felt like a complex situation. One that is fraught with shades of grey. As grey as human life, explains Shyam G Menon.

A promise kept: How Ratan Tata helped an Army officer's son

A promise kept: How Ratan Tata helped an Army officer's son

Rediff.com10 Oct 2024

"I mentioned to sir (Ratan Tata) that the son of a fellow army officer was handicapped below the waist and needed a job," he told PTI from Pune where he now lives. "Vijay Bisht, son of my then colleague in M&G area HQ Lt Col B S Bisht, had sustained severe leg injuries after falling from a horse and I came to know he was looking for a job," he added. Tata said the needful would be done. And it was.

Why Do Bowlers Rarely Become Captains?

Why Do Bowlers Rarely Become Captains?

Rediff.com27 Nov 2024

One of the reasons why bowlers are rarely considered captains is because they are more susceptible to injuries than batters, argues Vishal Menon.

RBI unlikely to cut interest rate in 2024: SBI chief Setty

RBI unlikely to cut interest rate in 2024: SBI chief Setty

Rediff.com18 Sep 2024

The Reserve Bank is unlikely to ease the benchmark policy rate during 2024 given the uncertainty over food inflation, State Bank of India (SBI) chairman C S Setty has said. The US Federal Reserve's first cut in interest rates in more than four years is expected soon, triggering central banks in other economies to follow suit. "On the rate front, a lot of central banks are taking independent calls.