News for 'francis-mascarenhas'

Can Pakistan find solution in must-win WC clash vs SA?

Can Pakistan find solution in must-win WC clash vs SA?

Rediff.com26 Oct 2023

Pakistan needs to win all its matches and expect Australia to falter in at least two of their remaining four games.

WC PIX: Marsh drives Australia to easy win vs B'desh

WC PIX: Marsh drives Australia to easy win vs B'desh

Rediff.com11 Nov 2023

IMAGES from the ICC World Cup match played between Australia and Bangladesh in Pune on Saturday

USFDA pulls up Sun Pharma for lapses in Halol plant

USFDA pulls up Sun Pharma for lapses in Halol plant

Rediff.com14 Jan 2023

The US health regulator has pulled up drug major Sun Pharma for manufacturing lapses, including failure to follow appropriate written procedures designed to prevent microbiological contamination of drug products, at its Gujarat-based plant. In a warning letter, the US Food and Drug Administration (USFDA) pointed out various lapses at the Halol plant which produces finished pharmaceutical products. "This warning letter summarises significant violations of Current Good Manufacturing Practice (CGMP) regulations for finished pharmaceuticals... Because your methods, facilities, or controls for manufacturing, processing, packing, or holding do not conform to CGMP, your drug products are adulterated," the USFDA stated.

Secret to Jadeja's success this World Cup revealed!

Secret to Jadeja's success this World Cup revealed!

Rediff.com20 Oct 2023

Former India left-arm spinner Murali Kartik, one of the most astute readers of the game, explained Jadeja's lethal transformation during the World Cup compared to earlier years.

Want To Buy A New Home? Read This

Want To Buy A New Home? Read This

Rediff.com20 Oct 2023

Look at the sanctioned plan to know the exact carpet area you will get and pay a law firm to conduct a thorough title check.

Rajesh Gopinathan bows out as TCS CEO, keeps mum on future plans

Rajesh Gopinathan bows out as TCS CEO, keeps mum on future plans

Rediff.com31 May 2023

'I am confident that TCS's best years are ahead,' outgoing CEO tells staff in farewell email.

'Stop Adolf Putin'

'Stop Adolf Putin'

Rediff.com25 Feb 2022

Glimpses of protests against Russia's invasion of Ukraine.

PHOTOS: India in command after Jadeja, Rahul fifties

PHOTOS: India in command after Jadeja, Rahul fifties

Rediff.com26 Jan 2024

IMAGES from Day 2 of the 1st Test played between India and England in Hyderabad, on Friday.

Govt reshuffles IL&FS board; C S Rajan is non-executive chairman

Govt reshuffles IL&FS board; C S Rajan is non-executive chairman

Rediff.com27 Sep 2022

The government has reshuffled the board of IL&FS Ltd, which is undergoing debt resolution process, with existing board member C S Rajan being redesignated as the non-executive chairman. Nand Kishore, who was serving as an executive director, has been made the managing director, according to the company. In the wake of financial misdoings coming to light, the corporate affairs ministry had superseded the board of IL&FS in October 2018.

Jet Airways lenders move NCLAT against Jalan-Kalrock consortium

Jet Airways lenders move NCLAT against Jalan-Kalrock consortium

Rediff.com25 Jan 2023

Lenders of debt-ridden Jet Airways on Tuesday filed an appeal in the National Company Law Appellate Tribunal (NCLAT) against implementation of the resolution plan by the Jalan-Kalrock consortium, according to sources. The sources said the lenders have maintained that the condition precedent mentioned in the resolution plan of the consortium has not been met. And therefore, the plan is not valid. "The lenders want the plan to be circled back to the committee of creditors (CoC) for fresh consideration," the sources said.

Oil marketing cos to ride the low crude oil gravy train in Q1

Oil marketing cos to ride the low crude oil gravy train in Q1

Rediff.com21 Jul 2023

Lower crude oil costs and higher marketing margins are expected to raise the fortunes of oil marketing companies (OMCs) in the first quarter (Q1) of 2023-24 (FY24), while city gas distribution (CGD) companies could also benefit from lower spot prices of liquefied natural gas (LNG). However, in a break from the past, growth trends are expected to diverge for various segments within the broad energy sector. Analysts expect the earnings from gas production to go down for upstream national oil and gas companies such as Oil and Natural Gas Corporation (ONGC) and Oil India (OIL) due to the introduction of the new domestic gas pricing regime on April 1. After showing steep losses over the first half of 2022-23 (FY23), the marketing margins of OMCs have steadily recovered in four months.

Mcap of BSE-listed companies jumps to all-time high of over Rs 280 lakh cr

Mcap of BSE-listed companies jumps to all-time high of over Rs 280 lakh cr

Rediff.com17 Jan 2022

Market capitalisation of BSE-listed companies jumped to an all-time high of over Rs 280 lakh crore on Monday as benchmark indices bounced back after taking a breather in the previous trade. The 30-share BSE benchmark gained 85.88 points or 0.14 per cent to settle at 61,308.91. During the day, it jumped 162.45 points to 61,385.48.

World Cup final: Five key battles to watch out for

World Cup final: Five key battles to watch out for

Rediff.com18 Nov 2023

A look at match-ups that could potentially decide the winner of the ICC World Cup final between India and Australia in Ahmedabad on Sunday.

Govt wanted Rs 3 lakh cr from RBI ahead of 2019 polls: Ex-Deputy Guv

Govt wanted Rs 3 lakh cr from RBI ahead of 2019 polls: Ex-Deputy Guv

Rediff.com7 Sep 2023

The Reserve Bank (RBI) resisted a 'raid' planned by some in the government to extract Rs 2-3 lakh crore from its balance sheet in 2018 to meet populist spending in run-up to general elections, Viral Acharya, who was deputy governor at RBI at that time, has written.

Robust Q2, demand trends to put out welcome mat for realty stocks

Robust Q2, demand trends to put out welcome mat for realty stocks

Rediff.com16 Oct 2023

The S&P BSE Realty Index has emerged as one of the top-performing sectors, yielding a remarkable 45 per cent return over the past six months. The three leading players, listed by market capitalisation, have substantially enriched investor wealth by 43-70 per cent during this period. If the second quarter (Q2) of 2023-24 (FY24) updates from Macrotech Developers (Lodha) and Sobha, along with industry data for the quarter, serve as any indication, the trend of strong bookings for larger players is expected to continue.

SEBI To Go Soft On Rumour Verification For Listed Cos

SEBI To Go Soft On Rumour Verification For Listed Cos

Rediff.com12 Jan 2024

The rumour verification process would now be triggered by changes in price or 'material price movements', as the paper defines it. What this means is that companies would need to verify rumours only if the share price moves significantly.

Dada at 51: Ganguly's untold stories revealed

Dada at 51: Ganguly's untold stories revealed

Rediff.com8 Jul 2023

A complete look at Ganguly's career, accomplishments of legendary Indian batter

Why Auditors Quitting Big Clients Is Complicated

Why Auditors Quitting Big Clients Is Complicated

Rediff.com18 Sep 2023

Auditors seem to have developed a heightened sense of risk and are not content to tick the boxes and sign the papers.

Investors poorer by over Rs 4.65 lakh cr as markets go into tailspin

Investors poorer by over Rs 4.65 lakh cr as markets go into tailspin

Rediff.com17 Dec 2021

Investors' wealth on Friday tumbled by over Rs 4.65 lakh crore as markets suffered a heavy selloff following weak global trends and continued selling by foreign institutional investors. The 30-share BSE benchmark Sensex plunged 889.40 points or 1.54 per cent to close at 57,011.74. During the day, it tumbled 950.16 points to 56,950.98. The market capitalisation of BSE-listed companies declined by Rs 465,570.82 crore to Rs 2,59,37,277.66 crore amid weak sentiments.

Impartial audit essential for resilient economy: Das

Impartial audit essential for resilient economy: Das

Rediff.com25 Oct 2021

Reserve Bank Governor Shaktikanta Das said on Monday that fair and impartial auditing is essential for a resilient economy as it instils confidence among citizens. Addressing officers at the National Academy of Audit and Accounts, Das said that audit is important for the country as public expenditure decisions are based on these reports. Observing that there is a need to improve the quality and depth of audit, he said the Reserve Bank has taken a host of steps in consultation with the Institute of Chartered Accountants of India (ICAI) for improving the audit of banks and financial institutions.

Operation Clean Up As Theaters Open on Friday

Operation Clean Up As Theaters Open on Friday

Rediff.com21 Oct 2021

After more than 18 months of closure, movie halls in Mumbai and Maharashtra will open on Friday, October 22, 2021.

RBI guv Das worried about slow deposit growth; to meet PSB chiefs

RBI guv Das worried about slow deposit growth; to meet PSB chiefs

Rediff.com15 Nov 2022

Reserve Bank Governor Shaktikanta Das will hold a meeting with CEOs of public sector banks on Wednesday to discuss issues concerning slow deposit growth and sustainability of high credit demand. As per the Reserve Bank of India (RBI) data, deposits rose by 9.6 per cent as compared to 10.2 per cent on a year-on-year basis, while credit offtake witnessed a jump of 17.9 per cent as against 6.5 per cent a year ago. According to an agenda circulated for the meeting, sources said, sustainability, including pricing and slow growth of deposits, would be discussed.

'Nothing alarming about fall in financial savings yet'

'Nothing alarming about fall in financial savings yet'

Rediff.com25 Sep 2023

'As long as economic growth remains steady, creating jobs and generating stable incomes, the rise in home loans should not create problems.' 'If the growth trajectory changes course over the medium term and interest rates rise along with inflation, the expanding trend in home loans may not sustain.'

Deepika-Ranveer, Kareena-Saif at Isha Ambani's wedding

Deepika-Ranveer, Kareena-Saif at Isha Ambani's wedding

Rediff.com13 Dec 2018

B-Town was in full attendance at the wedding.

Sensex sheds 361 points, Nifty closes below 17K

Sensex sheds 361 points, Nifty closes below 17K

Rediff.com20 Mar 2023

Among Sensex shares, Bajaj Finserv fell the most by 4.08 per cent. Bajaj Finance declined by 3.01 per cent, Tata Steel by 2.2 per cent, Wipro by 2.09 per cent, Tata Motors by 1.96 per cent, IndusInd Bank by 1.9 per cent, SBI by 1.75 per cent, Tech Mahindra by 1.66 per cent and HCL Tech by 1.2 per cent. TCS, Infosys, Power Grid, Maruti, Reliance, HDFC twins, L&T, M&M, NTPC and Ultratech Cement were also among the losers.

Go First crisis pushes airfares higher, staff face uncertain times

Go First crisis pushes airfares higher, staff face uncertain times

Rediff.com2 Jun 2023

From a surge in airfares to rattled aircraft lessors to thousands of employees staring at uncertainty, it has been a month of continued turbulence since cash-strapped Go First suspended flights from May 3. As the government and other stakeholders hope that Go First restarts operations at the earliest, plans are being worked out for the budget airline's revival. A section of Go First staff are optimistic about restarting of operations, another section are pessimistic about the airline's future course considering what had happened to erstwhile Kingfisher Airlines and Jet Airways, according to employees who spoke to PTI.

How India Saved More Than 100,000 Lives

How India Saved More Than 100,000 Lives

Rediff.com15 Mar 2023

The vaccination drive was only one important part of India's globally recognised pandemic management and response strategy, observes Dr Vinod K Paul.

Sanjay Raut points finger at Kirit Somaiya's son in PMC Bank fraud

Sanjay Raut points finger at Kirit Somaiya's son in PMC Bank fraud

Rediff.com15 Feb 2022

Shiv Sena member of Parliament Sanjay Raut on Tuesday said the Bharatiya Janata Party was using central agencies to topple the Maharashtra government by targeting the ruling Maha Vikas Aghadi leaders and their family members.

'Private investors will wait for election results'

'Private investors will wait for election results'

Rediff.com14 Aug 2023

'Policy-sensitive sectors will wait and watch, but policy-agnostic areas will continue based on normal consumption demand.'

Two Spinners And An X-Factor In My XI

Two Spinners And An X-Factor In My XI

Rediff.com22 Nov 2023

The sound and fury of World Cup 2023 has ended, and Norma Astrid Godinho picks her World Cup XI.

Jalan-Kalrock consortium gets 6 more months to pay & take control of Jet

Jalan-Kalrock consortium gets 6 more months to pay & take control of Jet

Rediff.com13 Jan 2023

The National Company Law Tribunal (NCLT) on Friday approved the transfer of ownership of bankrupt-Jet Airways to the Jalan Kalrock consortium and gave the winning bidder more time to pay the dues to the creditors. The latest rulings have come on two petitions filed by the consortium. One plea pertained to approval of transfer of ownership and the second one related to extension of time for the payment of dues to the creditors. Earlier, the tribunal had given time till November 16, 2022 for the consortium to make the payments to the creditors of the airline.

Poor O2C showing may pull down RIL's revenue, profit

Poor O2C showing may pull down RIL's revenue, profit

Rediff.com18 Jul 2023

Reliance Industries may report a muted performance for the April-June quarter of FY24, with most brokerages expecting it to have witnessed a year-on-year (YoY) and quarter-on-quarter (QoQ) contraction in revenue and net profit during the period because of a poor showing by its oil-to-chemicals (O2C) division. The O2C division, which includes refining and petrochemical businesses, accounts for a little over half of RIL's revenue and profit. A muted showing by RIL in the first quarter of 2023-24 may weigh on the overall corporate earnings, as well as the equity markets.

Pix To Make You SMILE

Pix To Make You SMILE

Rediff.com21 Sep 2021

The world is slowly returning to normal... touch wood.

RBI may effect one more rate hike: Uday Kotak

RBI may effect one more rate hike: Uday Kotak

Rediff.com8 Dec 2022

A day after the RBI raised the benchmark lending rate by 35 basis points, Kotak Mahindra Bank Managing Director Uday Kotak on Thursday said the central bank may go for one more rate hike to bring inflation below its upper tolerance level of 6 per cent. Yesterday, the RBI indicated that it wants inflation to be within the band first and then move towards the target of 4 per cent, Kotak said at the CII Global Economic Policy Summit 2022. "My sense is that there could be one more rate hike and that may be the time for thinking about a pivot, but we got to watch very closely the data, and maybe around 6.5 per cent as it looks today, subject to what happens to the world, subject to what happens to oil, subject to what happens to many other things," he said.

BJP-RSS wrong, population of Muslims is falling in the country, says Digvijaya

BJP-RSS wrong, population of Muslims is falling in the country, says Digvijaya

Rediff.com13 Apr 2023

Senior Congress leader Digvijaya Singh on Thursday claimed that contrary to the Bharatiya Janata Party and the Rashtriya Swayamsevak Sangh's "false propaganda" that the population of Muslim community was increasing in the country, the number of the minority community members vis-a-vis Hindus was fast declining, and added that he could prove it.

Budget day impact on Sensex for last 5 years

Budget day impact on Sensex for last 5 years

Rediff.com1 Feb 2020

February 01, 2020, was the benchmark's biggest drop since October 24, 2008.

Sun Pharma's growth prospects look healthy; analysts positive on the stock

Sun Pharma's growth prospects look healthy; analysts positive on the stock

Rediff.com19 Jun 2023

Sun Pharmaceutical Industries (Sun Pharma) reported a turnaround in the January-March quarter of the 2022-23 financial year (Q4FY23), declaring a profit after tax (PAT) of Rs 1,984 crore versus a loss of Rs 2,277 crore in Q4FY22. However, that loss in FY22 was due to several exceptional one-time items -- with Rs 3,723.15 crore allocated to settlement of lawsuits in the US and other Exceptional Items adding up to Rs 3,935.75 crore. Adjusted for exceptional items, PAT in Q4FY22 amounts to Rs 2,155 crore, which is a year-on-year (YoY) growth of about 36 per cent.

Mumbai is not for builders, says Bombay HC, pulls up 2 for default

Mumbai is not for builders, says Bombay HC, pulls up 2 for default

Rediff.com28 Feb 2023

This city is not for developers, and the Slum Rehabilitation Act (SRA) is intended to serve the purpose of public welfare and not the developers, the Bombay high court said, directing two developers to pay transit arrears of Rs 11 crore to a suburban SRA project.

India's Journey To World Cup Final

India's Journey To World Cup Final

Rediff.com16 Nov 2023

This is India's fourth ODI World Cup final.

Modi Set To Push NPR Again?

Modi Set To Push NPR Again?

Rediff.com3 Aug 2023

'The linking of Aadhaar to births and deaths will revive the debate around citizenship.'