News for 'ind'

Markets end in red; HDFC Bank, RIL, ICICI Bank major drags

Markets end in red; HDFC Bank, RIL, ICICI Bank major drags

Rediff.com7 May 2024

From the Sensex basket, Power Grid, IndusInd Bank, Tata Motors, JSW Steel, NTPC, HCL Technologies, Tata Steel, ICICI Bank, Mahindra & Mahindra, Axis Bank, HDFC Bank and Reliance Industries were among the major laggards. Among the gainers, Hindustan Unilever climbed over 5 per cent. Tech Mahindra, Nestle, ITC, Wipro, Tata Consultancy Services and Kotak Mahindra Bank were the other major gainers.

Markets spurt nearly 1% on buying in HDFC Bank, Infosys

Markets spurt nearly 1% on buying in HDFC Bank, Infosys

Rediff.com16 May 2024

Among the Sensex components, Mahindra & Mahindra, Bharti Airtel, Tech Mahindra, Titan, Infosys, JSW Steel, Bajaj Finserv, HDFC Bank, Larsen & Toubro and Kotak Mahindra Bank were the major gainers. Maruti, State Bank of India, Power Grid, Tata Motors and IndusInd Bank were the laggards.

Hindujas' RCap purchase hangs fire as deadline looms with payment on hold

Hindujas' RCap purchase hangs fire as deadline looms with payment on hold

Rediff.com1 Aug 2024

Mauritius-based Hinduja group firm IndusInd International Holdings (IIHL) has informed the administrator of Reliance Capital that it is ready with its equity contribution of Rs 2,750 crore in cash to acquire the bankrupt firm, but it wants certain conditions to be met in accordance with the resolution plan before transferring the amount. IIHL has also filed an application with the Mumbai Bench of the National Company Law Tribunal (NCLT), seeking directions for the administrator and the committee of creditors (CoC) to complete all pending activities to close the transaction and not let the lenders invoke the bank guarantees provided by the firm earlier.

Sensex ends up 75 points on buying in banking and oil stocks

Sensex ends up 75 points on buying in banking and oil stocks

Rediff.com31 May 2024

Stock markets snapped their five-day losing run on Friday with the benchmark BSE Sensex closing higher by 75 points on value-buying in banking and oil shares after recent losses. The 30-share BSE Sensex rose by 75.71 points or 0.10 per cent to settle at 73,961.31. During the session, it hit a high of 74,478.89 points and a low of 73,765.15 points.

Hindujas' RCap buy faces further delay

Hindujas' RCap buy faces further delay

Rediff.com24 May 2024

Mauritius-based IndusInd International Holdings and other Hinduja group entities are expected to make payments worth Rs 9,661 crore for the acquisition of bankrupt Reliance Capital (RCap) only after getting all the legal and regulatory clearances, including from the Supreme Court, thus delaying the closure of the transaction. A source close to the development said that according to the National Company Law Tribunal (NCLT) order dated February 27, the payment for the acquisition was to be made within 90 days from the NCLT's approval of the resolution plan and after receiving all legal and regulatory clearances.

Hinduja group firm gets conditional nod to acquire RCap

Hinduja group firm gets conditional nod to acquire RCap

Rediff.com11 May 2024

Insurance sector regulator IRDAI has given conditional approval to Hinduja Group firm IndusInd International Holdings Ltd (IIHL) for the takeover of debt-ridden Reliance Capital. "We are happy to acknowledge the receipt of approval from IRDAI yesterday (May 10, 2024) on the auspicious occasion of Akshay Tritiya. "The approval is subject to certain 'regulatory, statutory, and judicial' clearances/compliances," an IIHL spokesperson said in a statement.

Markets climb as inflation eases; Sensex ends up 328 pts

Markets climb as inflation eases; Sensex ends up 328 pts

Rediff.com14 May 2024

From the Sensex basket, Mahindra & Mahindra, Larsen & Toubro, JSW Steel, NTPC, IndusInd Bank, Sun Pharma, UltraTech Cement, State Bank of India, Reliance Industries, and Maruti were the major gainers. Nestle, Tata Consultancy Services, Axis Bank, ICICI Bank, Bajaj Finance, ITC, and Asian Paints were among the laggards.

Norway Chess: Vaishali beats Humpy; Praggnanandhaa loses

Norway Chess: Vaishali beats Humpy; Praggnanandhaa loses

Rediff.com29 May 2024

Rameshbabu Praggnanandhaa lost to World Champion Ding Liren in the Armageddon tie-breaker after the two played out a draw under normal time control in the second round.

Investors become richer by Rs 13.22 lakh cr as markets bounce back

Investors become richer by Rs 13.22 lakh cr as markets bounce back

Rediff.com5 Jun 2024

A day after facing massive erosion from their wealth, equity investors became richer by Rs 13.22 lakh crore on Wednesday with markets making a strong comeback. The 30-share BSE Sensex jumped 2,303.19 points, or 3.20 per cent, to settle at 74,382.24. During the day, it rallied 2,455.77 points, or 3.40 per cent, to 74,534.82.

Sensex sinks 1,062 points on selling in index majors

Sensex sinks 1,062 points on selling in index majors

Rediff.com9 May 2024

Asian Paints, JSW Steel, ITC, Bajaj Finance, IndusInd Bank, Tata Steel, NTPC, Bajaj Finserv, HDFC Bank, Reliance Industries and Power Grid were among the laggards. In contrast, Tata Motors, Mahindra & Mahindra, State Bank of India, Infosys and HCL Tech were the gainers.

Injury scare for Pakistan! Haris Rauf misses IND vs PAK reserve day action

Injury scare for Pakistan! Haris Rauf misses IND vs PAK reserve day action

Rediff.com11 Sep 2023

Ahead of ODI World Cup, Pakistan team was dealt an injury blow with Haris Rauf missing India vs Pakistan's reserve day action.

Why banks want RBI to delay IndAS roll-out

Why banks want RBI to delay IndAS roll-out

Rediff.com7 Mar 2019

They have cited higher capital for bad-loan provisioning, pending legislative amendments, and delay in finalising rules by the Reserve Bank of India (RBI) as some of the reasons.

Sensex ends down 220 points in volatile trade

Sensex ends down 220 points in volatile trade

Rediff.com28 May 2024

From the Sensex firms, Power Grid, NTPC, Tech Mahindra, Bharti Airtel, Tata Motors, IndusInd Bank, Reliance Industries, Kotak Mahindra Bank and Maruti were among the laggards. Asian Paints, Wipro, JSW Steel, Hindustan Unilever, Bajaj Finserv and Mahindra & Mahindra were among the biggest gainers.

BSE, NSE scale fresh peaks; Sensex jumps 204 points

BSE, NSE scale fresh peaks; Sensex jumps 204 points

Rediff.com13 Jun 2024

Equity benchmark indices Sensex and Nifty hit their fresh record levels on Thursday after lower inflation numbers raised hopes of an interest rate cut by the RBI. Besides, heavy buying in capital goods, consumer durable and industrial stocks also helped the indices, traders said. Retail inflation continued its downward slide to reach a one-year low of 4.75 per cent in May due to a marginal decline of prices in the food basket and remained within the Reserve Bank's comfort zone of below 6 per cent, according to government data released on Wednesday.

Sensex jumps over 1,772 points; Nifty crosses 22K

Sensex jumps over 1,772 points; Nifty crosses 22K

Rediff.com5 Jun 2024

Among the 30 Sensex companies, Hindustan Unilever, Nestle, Asian Paints, HCL Technologies, HDFC Bank, Kotak Mahindra Bank and ITC were the biggest gainers. Larsen & Toubro, Power Grid, NTPC and State Bank of India were among the laggards.

Markets rebound on heavy buying in RIL, HDFC Bank

Markets rebound on heavy buying in RIL, HDFC Bank

Rediff.com27 Mar 2024

Maruti, Bajaj Finance, Titan, Kotak Mahindra Bank, HDFC Bank, IndusInd Bank, Mahindra & Mahindra and Larsen & Toubro were among the major gainers. Wipro, HCL Technologies, Nestle, Tata Consultancy Services and Tata Motors were among the laggards.

Sensex, Nifty drop on foreign fund outflows, weak US markets

Sensex, Nifty drop on foreign fund outflows, weak US markets

Rediff.com26 Mar 2024

From the Sensex basket, PowerGrid, Bharti Airtel, Wipro, HDFC Bank, Kotak Mahindra Bank, UltraTech Cement, Asian Paints, Infosys and Reliance Industries were the major laggards. Bajaj Finance, NTPC, Larsen & Toubro, Axis Bank, Tata Motors, IndusInd Bank and Bajaj Finserv were among the gainers.

Heavy selling in IT stocks drags markets down

Heavy selling in IT stocks drags markets down

Rediff.com16 Apr 2024

From the Sensex basket, Infosys, IndusInd Bank, Bajaj Finserv, Wipro, HCL Technologies, Bajaj Finance, Tech Mahindra, Tata Consultancy Services, and Larsen & Toubro were the major laggards. Titan Company, Hindustan Unilever, HDFC Bank, Maruti, ITC, Power Grid and Reliance Industries were the gainers.

Credit Card Payments Will Be Blocked On Apps

Credit Card Payments Will Be Blocked On Apps

Rediff.com1 Jul 2024

Some of the fintechs that will get impacted include Cred, Paytm, Phonepe and Amazon Pay, among others.

Why did IndiGo share price fall 5% post Q1 2024-25 results?

Why did IndiGo share price fall 5% post Q1 2024-25 results?

Rediff.com31 Jul 2024

IndiGo share price today: IndiGo share price fell as much as 4.8 per cent to a low of Rs 4,275 per share on the BSE in Monday's intraday trade as investors booked profit in the stock post a its April-June quarter (Q1) results for financial year 2024-25 (FY25). The stock ended 1.36 per cent lower at Rs 4,430 as against a 23-points gain in the benchmark BSE Sensex. The selling also got exacerbated as the management commentary, post Q1FY25 results, highlighted that inflationary pressure could likely dent July-September (Q2FY25) performance.

Sensex scales 76K, but ends down in volatile trade

Sensex scales 76K, but ends down in volatile trade

Rediff.com27 May 2024

From the Sensex firms, Wipro, NTPC, Sun Pharma, Mahindra & Mahindra, ITC and Reliance Industries were among the biggest laggards. IndusInd Bank, Axis Bank, Bajaj Finance, HDFC Bank, Larsen & Toubro and State Bank of India were among the major gainers.

Sensex jumps 941 points on bank stocks and firm global trends

Sensex jumps 941 points on bank stocks and firm global trends

Rediff.com29 Apr 2024

Benchmark BSE Sensex rebounded sharply by 941 points while NSE Nifty closed above the 22,600 level on Monday on the back of buying in banking and infra shares and a global stocks rally. The 30-share BSE Sensex jumped 941.12 points or 1.28 per cent to settle at 74,671.28. During the day, it zoomed 990.99 points or 1.34 per cent to 74,721.15.

The Race For MVP Hots Up

The Race For MVP Hots Up

Rediff.com13 Nov 2023

Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index after 45 World Cup 2023 games.

Sensex closes flat, Nifty slips on profit taking

Sensex closes flat, Nifty slips on profit taking

Rediff.com6 May 2024

From the Sensex basket, Kotak Mahindra Bank jumped 5 per cent after the company reported a 25 per cent growth in its March quarter net profit at Rs 5,302 crore, limited by a drop in the core income due to narrow interest margins. Tata Consultancy Services, Hindustan Unilever, Mahindra & Mahindra, Sun Pharma, Tech Mahindra and IndusInd Bank were among the other major gainers. Titan tanked 7 per cent after its March quarter earnings failed to cheer investors.

Markets stage smart recovery; Sensex rises 191 points

Markets stage smart recovery; Sensex rises 191 points

Rediff.com22 Mar 2024

From the Sensex basket, Sun Pharma, Maruti, IndusInd Bank, Titan, ITC, Tata Motors, Larsen & Toubro and JSW Steel were the major gainers. On the other hand, Infosys, Wipro, HCL Technologies, Tata Consultancy Services, Tech Mahindra and Bajaj Finserv were among the laggards.

Markets snap five-day rally; Sensex tumbles over 600 pts

Markets snap five-day rally; Sensex tumbles over 600 pts

Rediff.com26 Apr 2024

Market benchmarks Sensex and Nifty wilted under selling pressure on Friday after a five-day rally as investors pared exposure to banking, financial and consumer durable stocks amid mixed trends in global markets. Rising global crude prices, a depreciating rupee and persistent foreign fund outflows further weighed on sentiment, traders said.

Sensex, Nifty surge nearly 1% amid global rally

Sensex, Nifty surge nearly 1% amid global rally

Rediff.com21 Mar 2024

From the Sensex basket, NTPC, Power Grid, IndusInd Bank, Tata Steel, Tata Motors, JSW Steel, Tech Mahindra and Larsen & Toubro were the biggest gainers. Bharti Airtel, Maruti, ICICI Bank and Asian Paints were the laggards.

Modi @ 3.0: Sensex races past 76K, Nifty rises 733 points

Modi @ 3.0: Sensex races past 76K, Nifty rises 733 points

Rediff.com3 Jun 2024

Larsen & Toubro, Axis Bank, Reliance Industries, UltraTech Cement, Mahindra & Mahindra, IndusInd Bank, ICICI Bank and Tata Steel were the other big gainers. Sun Pharma, HCL Technologies, Asian Paints, Nestle and Infosys were the laggards.

Investors richer by Rs 13.78 lakh cr in exit poll rally

Investors richer by Rs 13.78 lakh cr in exit poll rally

Rediff.com3 Jun 2024

Investors' wealth jumped Rs 13.78 lakh crore on Monday as the benchmark equity index Sensex hit its lifetime high after exit polls predicted a massive win for the BJP-led NDA in the Lok Sabha polls. The 30-share BSE Sensex jumped 2,777.58 points or 3.75 per cent to hit a record peak of 76,738.89 in early trade. The benchmark finally ended at 76,468.78, registering a sharp rally of 2,507.47 points or 3.39 per cent.

SC to hear plea against appointment of EC under new law

SC to hear plea against appointment of EC under new law

Rediff.com13 Mar 2024

The NGO challenges the validity of a provision of the Chief Election Commissioner and Other Election Commissioners Act, 2023.

PIX: Team India depart for Zimbabwe tour!

PIX: Team India depart for Zimbabwe tour!

Rediff.com2 Jul 2024

The new-look Indian team to be captained by Shubman Gill departed for their upcoming tour for Zimbabwe on Tuesday.

Stock markets rebound as GST revenues hit record in April

Stock markets rebound as GST revenues hit record in April

Rediff.com2 May 2024

From the Sensex basket, Power Grid, Asian Paints, Tata Motors, Tata Steel, NTPC, Sun Pharma, Mahindra & Mahindra, HDFC Bank, Tata Consultancy Services and JSW Steel were among the major gainers. Kotak Mahindra Bank, Bharti Airtel, Axis Bank, Wipro, ICICI Bank and IndusInd Bank were among the laggards.

Markets hit all-time peaks on buying in banking, oil and auto

Markets hit all-time peaks on buying in banking, oil and auto

Rediff.com23 May 2024

Benchmark stock indices Sensex and Nifty rallied more than 1.6 per cent to close at lifetime high levels on Thursday following buying in banking, oil and auto shares and a record dividend payout by the RBI to the government. Regaining the 75,000 level after its best single-day gain since January 29, the 30-share BSE Sensex closed at all-time peak of 75,418.04, up by 1,196.98 points or 1.61 per cent over the last close.

After breaching 75,000, Sensex settles 59 pts lower

After breaching 75,000, Sensex settles 59 pts lower

Rediff.com9 Apr 2024

From the Sensex basket, Titan, Reliance Industries, Asian Paints, Tech Mahindra, IndusInd Bank, UltraTech Cement, Wipro and ITC were the major laggards. ICICI Bank, Infosys, Bajaj Finserv, Tata Steel, Axis Bank, Bajaj Finance, Nestle and Mahindra & Mahindra were among the major gainers.

Olympics:Vinesh appeals to CAS against her elimination

Olympics:Vinesh appeals to CAS against her elimination

Rediff.com8 Aug 2024

Vinesh has now appealed to the CAS, the apex body to settle disputes related to sport through arbitration, who will return with a verdict tomorrow

RIL, bank stocks drag Sensex down by 790 points

RIL, bank stocks drag Sensex down by 790 points

Rediff.com28 Feb 2024

Among the Sensex firms, Power Grid, IndusInd Bank, Maruti, Wipro, Tata Steel, JSW Steel, Asian Paints, Mahindra & Mahindra, Reliance Industries and UltraTech Cement were the biggest laggards. Hindustan Unilever, Infosys and Tata Consultancy Services and Bharti Airtel were the gainers.

MVP Race: Bumrah Only Indian In Top Five

MVP Race: Bumrah Only Indian In Top Five

Rediff.com5 Nov 2023

Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index after 33 World Cup 2023 games.

Markets scale fresh highs; Sensex ends at 73,872

Markets scale fresh highs; Sensex ends at 73,872

Rediff.com4 Mar 2024

Among the Sensex firms, NTPC, Power Grid, Reliance Industries, Bajaj Finserv, Axis Bank, Tech Mahindra, ICICI Bank, Bharti Airtel and IndusInd Bank were the biggest gainers. JSW Steel, Mahindra & Mahindra, Tata Steel, UltraTech Cement, Infosys and Titan were among the laggards.

Jadeja Races To Top MVP Race

Jadeja Races To Top MVP Race

Rediff.com7 Nov 2023

Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index after 37 World Cup 2023 games.

Sensex ends down 454 points on weak global trends

Sensex ends down 454 points on weak global trends

Rediff.com15 Mar 2024

From the Sensex basket, Mahindra & Mahindra, Tata Motors, NTPC, HCL Technologies, Larsen & Toubro, Infosys, Tech Mahindra and State Bank of India were the major laggards. Bharti Airtel, Bajaj Finance, Bajaj Finserv, Tata Consultancy Services and IndusInd Bank were among the gainers.