News for 'tata power'

Sensex, Nifty settle lower in volatile trade

Sensex, Nifty settle lower in volatile trade

Rediff.com13 Sep 2024

Adani Ports was the biggest loser in the Sensex pack, declining 1.37 per cent, followed by ITC, Bharti Airtel, NTPC, Maruti, Asian Paints, Sun Pharma, Power Grid, Hindustan Unilever and Larsen & Toubro. In contrast, Bajaj Finserv, Bajaj Finance, IndusInd Bank, Tata Steel, Axis Bank and Tech Mahindra were among the gainers.

Can Rs 10K SIP Make You Rs 3 CRORE?

Can Rs 10K SIP Make You Rs 3 CRORE?

Rediff.com16 Oct 2024

Imagine transforming a modest Rs 10,000 monthly investment into a steady Rs 1 lakh monthly income in your retirement years. This is the power of compounding -- a strategy that rewards you for starting early and staying consistent with your investments, says Ramalingam Kalirajan.

Factors that wll dictate markets this week

Factors that wll dictate markets this week

Rediff.com4 Feb 2024

Stock markets will be driven by quarterly earnings by index majors, global trends and the RBI's interest rate decision this week after digesting news on budget proposals and US Federal policy outcome, say analysts. The trading activity of foreign investors and the movement of global oil benchmark Brent crude would also dictate trends in equities. "On the domestic front, the MPC (Monetary Policy Committee) meeting is scheduled from February 6-8.

Rooftop solar charges up electric vehicle boom in India's smaller cities

Rooftop solar charges up electric vehicle boom in India's smaller cities

Rediff.com12 Feb 2024

The push given to rooftop solar installation in the Interim Budget ties in with its high rate of adoption in Tier-II and -III cities of India. If original equipment manufacturers (OEMs) in the automobile industry, government, and the solar sector are to be believed, in cities of Rajasthan, Gujarat, and Kerala, 45-50 per cent of electric-vehicle (EV) users are employing rooftop power to charge their vehicles. This is compared to the national average of 25 per cent, say industry sources.

Sensex hits 85K, retreats; Nifty nears 26,000

Sensex hits 85K, retreats; Nifty nears 26,000

Rediff.com24 Sep 2024

From the 30 Sensex firms, Tata Steel, JSW Steel, Power Grid, HDFC Bank, Tata Motors and Larsen & Toubro were the biggest gainers. Hindustan Unilever, Infosys, Bajaj Finance, Axis Bank, Kotak Mahindra Bank and UltraTech Cement were among the laggards.

Related-party transactions: Rs 2.68 trn awaits shareholder nod this week

Related-party transactions: Rs 2.68 trn awaits shareholder nod this week

Rediff.com24 Jun 2024

Shareholders of industry giants Adani Enterprises, Reliance Industries, and Tata Motors - the latter two are part of the Sensex - will decide on combined related-party transactions of more than Rs 2.68 trillion proposed for this financial year and later. Related-party transactions for BSE 500 companies touched at least a six-year high of Rs 42.1 trillion in FY23, the Capitaline data shows. The Rs 42.1 trillion includes related-party transactions both at balance-sheet and profit-and-loss levels.

Sensex, Nifty tank nearly 1%; HDFC Bank drags

Sensex, Nifty tank nearly 1%; HDFC Bank drags

Rediff.com13 Aug 2024

Equity benchmark BSE Sensex tumbled nearly 700 points to sink below the 79,000 level on Tuesday, extending its losses for the second straight day due to selling pressure in HDFC Bank, SBI and ITC amid fresh foreign capital outflows. The 30-share BSE Sensex tumbled 692.89 points or 0.87 per cent to settle at 78,956.03. During the day, it tanked 759.54 points or 0.95 per cent to 78,889.38.

Power cuts a threat to India story: Mahindra

Power cuts a threat to India story: Mahindra

Rediff.com2 Sep 2014

The Mumbai power cuts come amid concerns about wider blackouts across the country due to a shortage of coal.

Coming! Purge In EV 2 Wheeler Market

Coming! Purge In EV 2 Wheeler Market

Rediff.com13 Nov 2024

'Price competition is fierce, with many companies selling at zero margin.' 'This pricing pressure is challenging smaller companies and will likely drive some out of the market over time.'

Tata Motors shifts into high gear with Jaguar Land Rover at the wheel

Tata Motors shifts into high gear with Jaguar Land Rover at the wheel

Rediff.com12 Feb 2024

The Street's optimism on India's largest listed automotive maker by market capitalisation is not misplaced, given the robust wholesale performance in recent months and the strong 2023-24 (FY24) October-December (Q3) results.

Project delays worry Tata

Project delays worry Tata

Rediff.com25 May 2007

Ratan Tata, in his capacity as the chairman of the Investment Commission, has warned that major projects entailing a combined investment of nearly $60 billion are meeting delays and roadblocks for no apparent reason.

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Rediff.com1 Jan 2025

'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'

RBI policy spooks markets; Sensex tanks 582 points

RBI policy spooks markets; Sensex tanks 582 points

Rediff.com8 Aug 2024

Among the 30 Sensex firms, Asian Paints, Infosys, JSW Steel, UltraTech Cement, Power Grid, Larsen & Toubro, HCL Technologies and Tata Steel were the biggest laggards. Tata Motors, HDFC Bank, Bharti Airtel, ITC, IndusInd Bank and Axis Bank were the gainers.

ABB rejects Tata bid for ST-CMS

ABB rejects Tata bid for ST-CMS

Rediff.com12 Jul 2003

Tata Motors to acquire Ford's Sanand plant

Tata Motors to acquire Ford's Sanand plant

Rediff.com8 Aug 2022

Tata Motors has inked a pact to acquire Ford India's Sanand-based manufacturing plant for Rs 725.7 crore, as it aims to bolster its passenger vehicle production capacity. As part of the deal, Tata Motors will get the entire land and buildings, vehicle manufacturing plant along with machinery and equipment situated therein, the Mumbai-based auto major said in a statement. The deal also includes the transfer of all eligible employees, it added.

Lanco lowest bidder for Sasan power project

Lanco lowest bidder for Sasan power project

Rediff.com18 Dec 2006

Lanco Infratech has emerged as the lowest bidder for the 4,000 MW Sasan ultra mega power project, outsmarting its nearest rivals Reliance Energy and Tata Power as well as seven other contenders.

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.

'Ratan Made You Feel Special'

'Ratan Made You Feel Special'

Rediff.com11 Oct 2024

'He had a lovely, lovely, sense of humour, very subdued and very, very subtle, but it was very, very, prominent.'

BSE 100 companies boost R&D, innovation challenges persist

BSE 100 companies boost R&D, innovation challenges persist

Rediff.com13 Oct 2024

Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.

Sensex tanks 739 points to settle below 81K; Nifty ends at 24,531

Sensex tanks 739 points to settle below 81K; Nifty ends at 24,531

Rediff.com19 Jul 2024

Among the Sensex pack, Tata Steel tumbled over 5 per cent while JSW Steel tanked nearly 5 per cent. Tata Motors, NTPC, UltraTech Cement, Tech Mahindra, Bajaj Finance, Power Grid, Mahindra & Mahindra, and Reliance Industries were the other major laggards.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com28 Jul 2024

The US Fed interest rate decision, ongoing quarterly earnings, macroeconomic data and FII trading activity are the major triggers that will drive stock markets this week, analysts said. Investors would also track global market trends and the movement in global oil prices for further cues. "This week, the focus will shift to global cues, particularly the US markets," Santosh Meena, Head of Research, Swastika Investmart Ltd said.

Tata group companies outshine the market under N Chandrasekaran

Tata group companies outshine the market under N Chandrasekaran

Rediff.com20 Jan 2022

The group began to outperform the broader market only with the onset of the pandemic in March 2020 while earlier it was largely keeping pace with the Sensex. The group's market cap is up 164.4 per cent since the end of March 2020 against a 105 per cent rally in the Sensex.

How Government Is Making Use Of AI

How Government Is Making Use Of AI

Rediff.com9 Oct 2024

The National Informatics Centre uses AI to automate document analysis and detect fraud in government departments.

Smaller Tata companies sparkled under Cyrus

Smaller Tata companies sparkled under Cyrus

Rediff.com5 Nov 2016

Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies

Adani, JSW, PSA looking to bag Rs 7K cr Tuticorin project

Adani, JSW, PSA looking to bag Rs 7K cr Tuticorin project

Rediff.com1 Apr 2024

A Rs 7,056 crore outer harbour project by VO Chidambaranar (VOC) Port in Tuticorin is garnering interest from domestic and global majors in the sector, such as Adani Ports and Special Economic Zone, Singapore's PSA International, Dutch major Van Oord, JM Baxi, and JSW, among others, according to sources close to the development. The project aims to capitalise on the newfound investor interest in the region, spurred by mega investments such as the Rs 16,000 crore electric vehicle manufacturing unit by Vietnamese major VinFast, the Indian Space Research Organisation's second spaceport in Tamil Nadu's Kulasekarapattinam, and Singapore's Sembcorp's Rs 36,238 crore investment in renewable energy.

Sensex, Nifty hit fresh all-time highs

Sensex, Nifty hit fresh all-time highs

Rediff.com2 Sep 2024

Among the 30 Sensex firms, Bajaj Finserv, Bajaj Finance, HCL Tech, IndusInd Bank, ITC, UltraTech Cement, Axis Bank and Infosys were the biggest gainers. On the other hand, Tata Motors, NTPC, Mahindra & Mahindra, Bharti Airtel, Larsen & Toubro and Power Grid were among the laggards.

Reliance Power wins mega power project in AP

Reliance Power wins mega power project in AP

Rediff.com27 Nov 2007

Anil Ambani-led Reliance Power, which emerged as the lowest bidder for the 4,000 MW ultra mega power project at Krishnapatnam in Andhra Pradesh, will be awarded the contract in a few days, Power Minister Sushilkumar Shinde said on Tuesday.

How Much Have MFs Invested In HDFC Bank?

How Much Have MFs Invested In HDFC Bank?

Rediff.com16 Aug 2024

With a deployment of Rs 2,720 crore in July, MFs' total investment in HDFC Bank in calendar year 2024 (till now) surged to Rs 48,820 crore.

Tata group's most valuable company is TCS

Tata group's most valuable company is TCS

Rediff.com4 Sep 2015

Tata Motors, Titan Company & Tata Steel come in at second, third & fourth slots.

Tata group's finances back on track after 7 years

Tata group's finances back on track after 7 years

Rediff.com7 Aug 2014

Leverage ratio falls to under 1; but group heavily dependent on TCS & Tata Motors.

Sensex closes down 53 pts in volatile trade

Sensex closes down 53 pts in volatile trade

Rediff.com21 May 2024

Among the Sensex components, Nestle, Maruti, IndusInd Bank, ICICI Bank, Hindustan Unilever, Larsen & Toubro, Tata Consultancy Services, Infosys, HDFC Bank and Axis Bank were the major laggards. Tata Steel, JSW Steel, Power Grid, Tech Mahindra and State Bank of India were among the gainers.

Tatas paring assets to cut group firms' debt

Tatas paring assets to cut group firms' debt

Rediff.com3 Feb 2014

Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007

FMCG firms worry over high inflation; price hike likely

FMCG firms worry over high inflation; price hike likely

Rediff.com3 Nov 2024

Leading FMCG companies reported a decline in margins in the September quarter on account of higher input costs and food inflation, which ultimately slowed down the pace of urban consumption. Rising prices of commodity inputs such as palm oil, coffee and cocoa were also accentuated and some FMCG firms have hinted at a price hike. HUL, Godrej Consumer Products Ltd (GCPL), Marico, ITC, and Tata Consumer Products Ltd (TCPL) have expressed concerns over squeezing urban consumption, which according to industry experts forms 65-68 per cent of FMCG total sales.

'AI Doesn't Care Where It Goes To School'

'AI Doesn't Care Where It Goes To School'

Rediff.com25 Oct 2024

'No one manufactures intelligence at the moment.' 'This is a concept that your IT industry understands.' 'What you need is infrastructure. Everything else can then be taken care of.'

Tatas want to buy Spectrum

Tatas want to buy Spectrum

Rediff.com29 Apr 2004

Non-performance under Mistry? What the Tata figures say

Non-performance under Mistry? What the Tata figures say

Rediff.com28 Oct 2016

Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.

Sensex jumps 875 points on value buying; Nifty ends above 24K

Sensex jumps 875 points on value buying; Nifty ends above 24K

Rediff.com7 Aug 2024

Among the 30 Sensex firms, Adani Ports and Power Grid climbed over 3 per cent each. Tata Steel, JSW Steel, Infosys, Mahindra & Mahindra, Maruti, and Larsen & Toubro were the other big gainers. IndusInd Bank, Bharti Airtel, Hindustan Unilever, Tech Mahindra and Titan were the laggards.

Sensex gains 102 points in range-bound trade

Sensex gains 102 points in range-bound trade

Rediff.com21 Aug 2024

Among the Sensex firms, Titan, Asian Paints, ITC, Hindustan Unilever, Nestle India, Bajaj Finserv and Bharti Airtel were among the gainers. In contrast, UltraTech Cement, Tech Mahindra, Tata Steel, Power Grid, HDFC Bank, HCL Technology, State Bank of India and ICICI Bank were the laggards.