News for 'francis'

Sensex tumbles 645 pts on global sell-off, rising US bond yields

Sensex tumbles 645 pts on global sell-off, rising US bond yields

Rediff.com22 May 2025

From the Sensex firms, Mahindra & Mahindra, Bajaj Finserv, Tech Mahindra, Power Grid, ITC, Hindustan Unilever, Reliance Industries and Maruti were the biggest laggards. IndusInd Bank, Bharti Airtel and UltraTech Cement were the gainers.

Sensex sheds 239 pts on selling in FMCG, auto shares

Sensex sheds 239 pts on selling in FMCG, auto shares

Rediff.com28 May 2025

IndusInd Bank, Nestle, UltraTech Cement, Mahindra & Mahindra, Power Grid, Asian Paints, Sun Pharma and Tech Mahindra were also among the laggards. Bajaj Finance, Bharti Airtel, ICICI Bank, Adani Ports and HCL Tech were among the gainers.

Sebi bans US-based Jane Street from securities mkt; impounds illegal gains of Rs 4,843 cr

Sebi bans US-based Jane Street from securities mkt; impounds illegal gains of Rs 4,843 cr

Rediff.com4 Jul 2025

Markets regulator Sebi has barred US-based Jane Street Group from the securities markets and directed the group to disgorge unlawful gains of Rs 4,843 crore for allegedly manipulating stock indices through positions taken in derivatives segment. This could be the highest disgorgement amount ever directed by the Securities and Exchange Board of India (Sebi).

Sister Anupama, face of protests against Bishop Mulakkal, quits nunhood

Sister Anupama, face of protests against Bishop Mulakkal, quits nunhood

Rediff.com27 May 2025

A group of nuns, led by Sister Anupama, had fought on behalf of the victim nun who had accused Mulakkal of raping her multiple times.

'Bumrah, a big threat for England!'

'Bumrah, a big threat for England!'

Rediff.com13 Jun 2025

Monty Panesar claimed India's pace spearhead Jasprit Bumrah will be a big threat for England's batters.

Sensex jumps 1,000 points; Nifty surges over 1%

Sensex jumps 1,000 points; Nifty surges over 1%

Rediff.com26 Jun 2025

From the Sensex constituents, Tata Steel, Bajaj Finance, Bharti Airtel, Adani Ports, Eternal, Bajaj Finserv, NTPC, HDFC Bank, Reliance Industries and Axis Bank were among the major gainers. In contrast, Trent, State Bank of India, Tech Mahindra, Maruti and Mahindra & Mahindra were among the laggards.

NSE's Rs 1,388 cr Sebi plea could pave way for IPO

NSE's Rs 1,388 cr Sebi plea could pave way for IPO

Rediff.com26 Jun 2025

The National Stock Exchange (NSE) has offered to pay Rs 1,388 crore to the Securities and Exchange Board of India (Sebi) to settle the colocation and dark fibre cases, potentially clearing the way for its much-awaited initial public offering (IPO). This is the biggest-ever settlement plea made with the markets regulator.

Swiggy expands 10-minute food delivery service 'Bolt' to over 500 cities

Swiggy expands 10-minute food delivery service 'Bolt' to over 500 cities

Rediff.com4 May 2025

Swiggy on Friday said its 10-minute food delivery service 'Bolt', which was launched in October last year, is now operational in more than 500 cities across the country.

How SEBI Plans To Tackle Investor Frauds

How SEBI Plans To Tackle Investor Frauds

Rediff.com24 Jun 2025

Investors will be able to authenticate if the entity receiving the payment is a valid entity under the ambit of Sebi.

'India Can Convert Tariffs Into Win-Win Situation'

'India Can Convert Tariffs Into Win-Win Situation'

Rediff.com11 Aug 2025

'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'

'According To Govt, There's Hardly Any Poverty'

'According To Govt, There's Hardly Any Poverty'

Rediff.com28 Jul 2025

'All governments are scared of a negative image.' 'Somehow, this government has a tendency to create a narrative that things are improving.' 'When the real data gives a different picture, they are upset.'

Truck rentals, EV and tractor sales rise in June

Truck rentals, EV and tractor sales rise in June

Rediff.com5 Jul 2025

Truck rentals saw a positive momentum across most key trunk routes due to an increased pre-kharif agricultural activity and a resilient manufacturing sector. The Kolkata-Guwahati-Kolkata corridor witnessed a month-on-month (M-o-M) rise of 2.4 per cent, while the Mumbai-Chennai-Mumbai route grew by 1.9 per cent and the Delhi-Hyderabad-Delhi route saw a 1.6 per cent increase in truck rentals, said June edition of the Shriram Mobility Bulletin.

PV dispatches rise 4%; two-wheelers dip 17%

PV dispatches rise 4%; two-wheelers dip 17%

Rediff.com15 May 2025

Passenger vehicles dispatches from factories to company dealerships in the country increased 4 per cent year-on-year to 3,48,847 units in April, industry body SIAM said on Thursday. Passenger vehicle dispatches stood at 335,629 units in April last year.

Affordable Homes Within Reach As Banks Ease Lending Norms

Affordable Homes Within Reach As Banks Ease Lending Norms

Rediff.com8 Jul 2025

The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.

Need to shift from fortnightly to real-time credit reporting: RBI DG

Need to shift from fortnightly to real-time credit reporting: RBI DG

Rediff.com3 Jul 2025

There is a need for real-time or near real-time credit reporting, instead of the current fortnightly system, to improve underwriting precision, enable timely reflection of borrower actions such as loan closures or repayments, and deliver a superior consumer experience, Deputy Governor of the Reserve Bank of India (RBI), M Rajeshwar Rao said on Wednesday.

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Rediff.com19 Jun 2025

The Securities and Exchange Board of India (Sebi) on Wednesday announced a slew of measures to ease the compliance burden in the stock markets ecosystem, encourage more companies to list on the bourses after reverse flipping to India, and facilitate greater foreign fund flows into government bonds.

RBI to focus on enhancing cyber resilience and capabilities of SEs

RBI to focus on enhancing cyber resilience and capabilities of SEs

Rediff.com29 May 2025

The Reserve Bank on Thursday affirmed its commitment to continue with its supervisory measures aimed at early identification of risks and vulnerabilities. The central bank would also focus on enhancing cyber resilience and capabilities of Supervised Entities (SEs) by implementing the recommendations of the inter-regulatory Working Group, which has uniform baseline cybersecurity guidelines for financial entities, it said in its annual report.

KSCA T20 auction: Padikkal bags Rs 13.2L; Samit Dravid unsold

KSCA T20 auction: Padikkal bags Rs 13.2L; Samit Dravid unsold

Rediff.com15 Jul 2025

KSCA T20 auction saw Indian international batter Devdutt Padikkal lead the charts as the most expensive player of the day,

Markets slump over 1%; Sensex tanks 1,282 points

Markets slump over 1%; Sensex tanks 1,282 points

Rediff.com13 May 2025

From the Sensex firms, Infosys declined by 3.54 per cent. Power Grid, Eternal, HCL Tech, Tata Consultancy Services, Bharti Airtel, IndusInd Bank, NTPC and HDFC Bank were the major laggards. Sun Pharma, Adani Ports, Bajaj Finance, State Bank of India and Tech Mahindra were the gainers.

Akasa Air's net loss widens to 1,983 crore in FY25 as costs, delays rise

Akasa Air's net loss widens to 1,983 crore in FY25 as costs, delays rise

Rediff.com1 Jul 2025

Akasa Air's standalone net loss rose 18.7 per cent year-on-year (Y-o-Y) to roughly Rs 1,983 crore in 2024-25 (FY25), driven by rising employee costs, aircraft maintenance and airport charges, and a sharp increase in foreign exchange (forex) expenses, sources privy to the development told Business Standard.

Flip in derivatives expiry days: NSE to shift to Tuesday, BSE gets Thursday

Flip in derivatives expiry days: NSE to shift to Tuesday, BSE gets Thursday

Rediff.com18 Jun 2025

In a move that could have implications for market share dynamics, the Securities and Exchange Board of India (Sebi) has permitted the National Stock Exchange (NSE) and the BSE to alter the days for settlement of equity derivatives contracts.

Sensex, Nifty end lower on global trade concerns

Sensex, Nifty end lower on global trade concerns

Rediff.com2 Jun 2025

From the Sensex firms, Tech Mahindra, Tata Steel, Tata Motors, Titan, HDFC Bank, IndusInd Bank, Infosys and Kotak Mahindra Bank were among the biggest laggards. On the other hand, Adani Ports, Mahindra & Mahindra, Power Grid, Eternal and Hindustan Unilever were among the gainers.

Foreign brokerages stay cautious on India stock market

Foreign brokerages stay cautious on India stock market

Rediff.com10 Jun 2025

Foreign brokerages remain cautious on the road ahead for the Indian equity markets. Though analysts at Nomura have revised their March 2026 Nifty target to 26,140 levels from the earlier 24,970, but the upside from the current levels is a modest 6 per cent. BofA Securities, on the other hand, has not made any change to its year-end Nifty target.

Bold Moves Must For Silver Screen To Sparkle Again

Bold Moves Must For Silver Screen To Sparkle Again

Rediff.com12 Jul 2025

More screens, more films, and longer windows will convert to more people watching, assuming they know a film is releasing, points out Vanita Kohli-Khandekar.

'Competition in India is Absolutely Fierce': Uber GM

'Competition in India is Absolutely Fierce': Uber GM

Rediff.com17 Jul 2025

'Unless we consistently show up with the right cars, at the right time, priced fairly, we risk becoming irrelevant very quickly.'

Rahul's century leads India A's strong showing on Day 1

Rahul's century leads India A's strong showing on Day 1

Rediff.com7 Jun 2025

K L Rahul gained the requisite confidence and much-needed game time ahead of the upcoming five-Test series with a classy hundred for India A against a quality England Lions attack.

All eyes on K L Rahul in second game vs England Lions

All eyes on K L Rahul in second game vs England Lions

Rediff.com5 Jun 2025

K L Rahul would look to make the most of his first red-ball outing in months ahead of the upcoming Test series against England.

Oil cos assure public of ample fuel stocks

Oil cos assure public of ample fuel stocks

Rediff.com9 May 2025

Indian Oil Corporation (IOC), the nation's largest oil firm, on Friday said ample stocks of petrol, diesel and cooking gas LPG are available in the country and there is no need for panic buying of fuel. The statement comes after social media was flooded with posts and videos showing people queuing at petrol pumps to stock fuel as tensions between India and Pakistan escalated.

Lesson from 2009: Early Monsoon, Not Always Good

Lesson from 2009: Early Monsoon, Not Always Good

Rediff.com2 Jun 2025

The last time the southwest monsoon arrived earlier than in 2025 -- that is, back in 2009 -- the rains lost steam after the early onset and ended the season with almost 23 per cent deficient rainfall, which was the lowest recorded average rainfall in several decades over India.

Pope Leo makes his first US pitch at White Sox Park

Pope Leo makes his first US pitch at White Sox Park

Rediff.com15 Jun 2025

The pontiff, the first leader of the global Catholic Church from the United States, appeared for about seven minutes on Rate Field's jumbotron during the event, organized by the Chicago archdiocese and featuring several other local personalities, including Bulls announcer Chuck Swirsky.

What RBI's 50 bps rate cut mean for the 'aam aadmi'

What RBI's 50 bps rate cut mean for the 'aam aadmi'

Rediff.com6 Jun 2025

The Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to cut the repo rate by 50 basis points (bps) to 5.5% was contrary to the expectations of many economists. Firstly, most of the economists expected the MPC to cut the repo rate by 25 bps citing the weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity.

Where Is Pope Francis Headed?

Where Is Pope Francis Headed?

Rediff.com25 Jul 2022

The pope will stay in Canada for a week and is expected to apologise to its indigenous people for the indignities perpetrated by the Church at every stop of his visit.

Apple India shipments grew 25% in Q4, Vivo tops smartphone market

Apple India shipments grew 25% in Q4, Vivo tops smartphone market

Rediff.com5 May 2025

Apple's iPhone supplies in India grew 25 per cent year-on-year in March quarter 2025, capturing 8 per cent market share, a CyberMedia Research report said on Monday.

Sinner ready for Rome return after doping suspension

Sinner ready for Rome return after doping suspension

Rediff.com26 Apr 2025

Jannik Sinner held onto his world number one ranking ahead of his return from a three-month doping ban

PHOTOS: US VP JD Vance, family begin 4-day India visit

PHOTOS: US VP JD Vance, family begin 4-day India visit

Rediff.com21 Apr 2025

US Vice President J D Vance and his wife Usha arrived in Delhi on Monday for a four-day visit. They were welcomed by Union Minister Ashwini Vaishnaw. Vance's visit comes amid ongoing trade talks between India and the US. Prime Minister Narendra Modi will host a dinner for the Vances on Monday evening after holding talks with the US Vice President. Vance and his family will also travel to Jaipur and Agra during their trip.

If India want to win in England, focus on THIS

If India want to win in England, focus on THIS

Rediff.com17 Jun 2025

Nick Knight has high expectations from the likes of Kuldeep and Sai Sudharsan who is expected to make his Test debut at Leeds, the venue for the series opener.

The Harsh Reality For Wayanad Survivors

The Harsh Reality For Wayanad Survivors

Rediff.com27 Mar 2025

In Kerala's society, known for its high material standard of living, plunging into a state of having nothing overnight can be terrible for one's social standing and sense of self-esteem. Rehabilitation entails piecing a community back together after a disturbance and while its aim is noble, the act of reassembling will bring alive disparities and inequalities, explains Shyam G Menon.

Skip Thug Life, Watch This Film Instead

Skip Thug Life, Watch This Film Instead

Rediff.com10 Jun 2025

The gangster saga Nayakan not only earned Mani Ratnam's reputation as a great director, the dubbed version of the film also did well in Mumbai, so much so that Feroz Khan's Hindi remake, Dayavan, starring Vinod Khanna, could not compare, recalls Deepa Gahlot.

Reliance to invest Rs 75,000 cr in North-Eastern states: Mukesh Ambani

Reliance to invest Rs 75,000 cr in North-Eastern states: Mukesh Ambani

Rediff.com23 May 2025

Oil-to-telecom conglomerate Reliance Industries Ltd will invest Rs 75,000 crore in North Eastern states in setting up 350 biogas plants, expanding its telecom services, retail footprint, and clean energy projects, chairman Mukesh Ambani said on Friday. Speaking at the Rising NorthEast Investors Summit here, Reliance Industries Ltd chairman and managing director said his group will invest in factories for high-quality FMCG products in the region and setting up a 150-bed cancer hospital in Manipur.

Weak guidance may hit Sun Pharma in FY26

Weak guidance may hit Sun Pharma in FY26

Rediff.com1 Jun 2025

Despite a healthy performance in the fourth quarter of 2024-25 (Q4FY25), the stock of India's largest listed pharma company, Sun Pharmaceutical Industries (Sun Pharma), was under pressure on Friday due to a muted guidance. The company has guided for a high single-digit revenue growth for FY26, which is below what the Street was working with.