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Djokovic secures year-end No 1 title at ATP Finals

Djokovic secures year-end No 1 title at ATP Finals

Rediff.com13 Nov 2023

The Serbian's 19th successive win ended any chance of Spain's Carlos Alcaraz overtaking him in the rankings this week.

Sensex, Nifty rebound; power, utility shares advance

Sensex, Nifty rebound; power, utility shares advance

Rediff.com10 Nov 2023

Among the Sensex firms, NTPC, Tech Mahindra, UltraTech Cement, Bajaj Finance, ITC, Bajaj Finserv, Axis Bank and Power Grid were the major gainers. On the other hand, Mahindra & Mahindra, HCL Technologies, Titan and IndusInd Bank were among the laggards.

Mrunal Stuns Pippa Screening

Mrunal Stuns Pippa Screening

Rediff.com10 Nov 2023

Pippa will be streamed on Amazon Prime from November 10.

Erroneous, political: Oppn MPs in Moitra dissent note

Erroneous, political: Oppn MPs in Moitra dissent note

Rediff.com9 Nov 2023

In their dissent notes, the opposition members alleged that the inquiry process is a "farce" and a "proverbial kangaroo court".

Sensex declines 143 pts on unabated foreign fund outflows

Sensex declines 143 pts on unabated foreign fund outflows

Rediff.com9 Nov 2023

Among the Sensex firms, Hindustan Unilever, Tech Mahindra, Infosys, Reliance Industries, Bajaj Finance, Tata Consultancy Services, Titan and UltraTech Cement were the major laggards. Mahindra & Mahindra, Power Grid, IndusInd Bank, Tata Motors, Larsen & Toubro and Maruti were among the gainers.

Vedanta in talks to raise upto $2.5 bn to repay overseas bondholders

Vedanta in talks to raise upto $2.5 bn to repay overseas bondholders

Rediff.com9 Nov 2023

Vedanta Resources (VRL), the diversified mining company headquartered in London, is giving final touches to a plan to raise up to $2.5 billion (about Rs 20,800 crore) as debt repayment deadlines near. The company owned by billionaire Anil Agarwal plans to do this by a combination of instruments, including issuing preference shares in the holding company to a slew of offshore investors from West Asia, and taking on another loan to refinance older debt at a higher interest rate. VRL, which is the group's holding company, is also looking to sell part of its 63.71 per cent stake in the Indian listed subsidiary Vedanta Ltd to meet funding requirements, said a banker close to the development.

Champions League PIX: Rashford sent off in shocking defeat; Real advances to last 16

Champions League PIX: Rashford sent off in shocking defeat; Real advances to last 16

Rediff.com9 Nov 2023

Roundup of the Champions League matches played on Wednesday night

Ethics panel recommends Mahua's sacking from Lok Sabha

Ethics panel recommends Mahua's sacking from Lok Sabha

Rediff.com9 Nov 2023

The committee headed by Bharatiya Janata Party MP Vinod Kumar Sonkar is meeting later on Thursday to adopt its draft report in what is likely to be hotly contested by opposition members of the panel.

LS panel may take 'grim view' of l'affaire Mahua Moitra

LS panel may take 'grim view' of l'affaire Mahua Moitra

Rediff.com9 Nov 2023

Sources said the committee is also expected to underline its unhappiness at the conduct of some opposition members during its proceedings and make a mention of it in its recommendations to the House.

Lokpal has ordered CBI probe against Mahua, says Dubey

Lokpal has ordered CBI probe against Mahua, says Dubey

Rediff.com8 Nov 2023

However, there was no official word from the Lokpal.

Foreign fund outflows continue; Sensex ends up 33 pts

Foreign fund outflows continue; Sensex ends up 33 pts

Rediff.com8 Nov 2023

Among the Sensex firms, Asian Paints, Titan, Larsen & Toubro, JSW Steel, ITC, Hindustan Unilever, Maruti and Reliance Industries were the major gainers. ICICI Bank, NTPC, Infosys, Tech Mahindra, Tata Steel and Bajaj Finance were among the laggards.

US sales momentum, margin gains to support pharma major Cipla's stock

US sales momentum, margin gains to support pharma major Cipla's stock

Rediff.com8 Nov 2023

A strong performance in the July-September quarter of 2023-24 (Q2FY24), an upward revision in the margin guidance and sustained momentum in US sales has helped the stock of pharmaceutical major Cipla gain about 2 per cent over the last two trading sessions. The brokerages have upgraded the earnings estimates for this financial year (FY24) by 6-9 per cent to factor in the improved margin guidance and sales in the US market. Led by the US market, which rose by 31 per cent, the company posted a 16 per cent growth in revenues.

Moitra, Dubey in war of words ahead of LS ethics panel meet

Moitra, Dubey in war of words ahead of LS ethics panel meet

Rediff.com7 Nov 2023

Trinamool Congress leader Mahua Moitra on Tuesday claimed that the meeting of the ethics committee of the Lok Sabha was postponed to keep a Congress member away from the proceedings and adopt the report by a majority, prompting a sharp retort from Bharatiya Janata Party MP Nishikant Dubey.

Markets end down; Sensex dips 16 points

Markets end down; Sensex dips 16 points

Rediff.com7 Nov 2023

Among the Sensex firms, Bajaj Finance, JSW Steel, Reliance Industries, Mahindra & Mahindra, ITC, Tata Consultancy Services, Wipro, HDFC Bank, Larsen & Toubro and Bharti Airtel were the major laggards. Sun Pharma, NTPC, State Bank of India, IndusInd Bank and Axis Bank were the major gainers.

Mahua was forced to appear before Ethics panel, but Bidhuri...: Cong leader

Mahua was forced to appear before Ethics panel, but Bidhuri...: Cong leader

Rediff.com6 Nov 2023

Bidhuri, the BJP MP from South Delhi, had faced strong criticism over his "derogatory" comments against Bahujan Samaj Party MP Danish Ali in the Lok Sabha.

Mahua, Oppn MPs storm out over 'personal, unethical questions' by LS panel

Mahua, Oppn MPs storm out over 'personal, unethical questions' by LS panel

Rediff.com2 Nov 2023

Opposition members of the Lok Sabha ethics committee on Thursday stormed out of a meeting along with Mahua Moitra, accusing the panel's chairperson of asking the Trinamool Congress MP personal and unethical questions.

Charge motivated by personal animus, Mahua tells LS ethics panel

Charge motivated by personal animus, Mahua tells LS ethics panel

Rediff.com2 Nov 2023

Trinamool Congress MP Mahua Moitra on Thursday pleaded innocence to the 'cash-for-query' allegation levelled against her and told a parliamentary committee that the charge is motivated by animus of advocate Jai Anant Dehadrai after she broke off her personal relations with him, sources said.

Sensex ends down 284 points on foreign fund outflows

Sensex ends down 284 points on foreign fund outflows

Rediff.com1 Nov 2023

Among the Sensex firms, Asian Paints, Tata Steel, HCL Technologies, Nestle, Maruti, JSW Steel, NTPC and Larsen & Toubro were the major laggards. Sun Pharma, Bajaj Finserv, Reliance Industries, State Bank of India and Bharti Airtel were the gainers.

Sensex ends down 238 points ahead of Fed's rate decision

Sensex ends down 238 points ahead of Fed's rate decision

Rediff.com31 Oct 2023

Among the Sensex firms, Mahindra & Mahindra, Bharti Airtel, ICICI Bank, IndusInd Bank, Reliance Industries, Axis Bank and HDFC Bank were among the major laggards. Titan, Kotak Mahindra Bank, Asian Paints, HCL Technologies, Tech Mahindra, NTPC, Nestle and Power Grid were the major gainers.

'I'm a lone wolf in this grand theatre of life'

'I'm a lone wolf in this grand theatre of life'

Rediff.com27 Oct 2023

'But hey, even lone wolves howl at the moon every now and then, right?'

High drama before LS ethics panel, Mahua called on Oct 31

High drama before LS ethics panel, Mahua called on Oct 31

Rediff.com26 Oct 2023

The ethics committee of the Lok Sabha has asked Trinamool Congress member Mahua Moitra to appear before it on October 31 in relation to the allegations levelled against her by Bharatiya Janata Party MP Nishikant Dubey, who told the panel on Thursday that it was an "open and shut" case and she should be disqualified.

Congress MLA's car attacked in poll-bound Rajasthan, shown black flags

Congress MLA's car attacked in poll-bound Rajasthan, shown black flags

Rediff.com23 Oct 2023

Abrar is the MLA from the Sawai Madhopur seat and the party has declared him its candidate from this seat for the upcoming assembly elections despite protests against him.

Back from prison, Becker returns to coach World No 5 Rune

Back from prison, Becker returns to coach World No 5 Rune

Rediff.com19 Oct 2023

Becker is currently barred from entering the UK before October 2024, and at the moment is unsure if his partnership with Rune will continue into next season.

Markets fall for 2nd straight session on weak global trends

Markets fall for 2nd straight session on weak global trends

Rediff.com19 Oct 2023

Disappointing quarterly earnings numbers and revenue forecast from IT services company Wipro also weighed on investor sentiments. The 30-share BSE Sensex fell 247.78 points or 0.38 per cent to settle at 65,629.24 points. During the day, it plunged 533.52 points or 0.80 per cent to 65,343.50 points.

Sensex plunges 551 points on sluggish global trends

Sensex plunges 551 points on sluggish global trends

Rediff.com18 Oct 2023

Among the Sensex firms, Bajaj Finance fell by nearly 3 per cent, the most among the 30 frontline companies. Bajaj Finserv, Axis Bank, HDFC Bank, Reliance Industries, NTPC, ICICI Bank and IndusInd Bank were the other major laggards. In contrast, Tata Motors, Sun Pharma, Maruti and Mahindra & Mahindra were the gainers.

SC rejects legal status for same-sex marriage, bats for queer rights

SC rejects legal status for same-sex marriage, bats for queer rights

Rediff.com17 Oct 2023

Directing the Centre, states and Union Territories (UTs) to ensure the queer community is not discriminated against, the CJI, who is heading the constitution bench, said queer is a natural phenomenon known for ages and is neither urban nor elitist.

60% of top 500 stocks achieved their 12-month price target set by analysts

60% of top 500 stocks achieved their 12-month price target set by analysts

Rediff.com17 Oct 2023

As many as 267 of 453 companies from the BSE500 index are trading above their consensus price targets, according to the data compiled by Bloomberg. Not all companies in the BSE500 index are tracked by analysts.

In 3:2 verdict SC denies queer couples adoption rights

In 3:2 verdict SC denies queer couples adoption rights

Rediff.com17 Oct 2023

A five-judge Constitution bench of the Supreme Court, by a 3:2 majority, on Tuesday upheld one of the adoption regulations prohibiting unmarried and queer couples from adopting children.

Opposition leaders visit Palestinian embassy in Delhi

Opposition leaders visit Palestinian embassy in Delhi

Rediff.com16 Oct 2023

Amid the raging Israel-Hamas war, a group of opposition leaders, including MP Danish Ali and former parliamentarians Mani Shankar Aiyar and K C Tyagi, visited the Palestine Embassy in New Delhi on Monday to express solidarity with Palestinians.

SC to deliver verdict on same-sex marriage validity on Tuesday

SC to deliver verdict on same-sex marriage validity on Tuesday

Rediff.com16 Oct 2023

A five-judge constitution bench headed by Chief Justice DY Chandrachud had on May 11 reserved its verdict on the pleas after a marathon hearing of 10 days.

Sensex ends down 116 points amid weak global trends

Sensex ends down 116 points amid weak global trends

Rediff.com16 Oct 2023

From the Sensex pack, Nestle, Tata Consultancy Services, IndusInd Bank, Asian Paints, Bharti Airtel, Tech Mahindra, UltraTech Cement, Kotak Mahindra Bank and Hindustan Unilever were among the major laggards. Tata Steel, JSW Steel, HCL Technologies, Axis Bank, Power Grid and Mahindra & Mahindra were among the gainers.

No more WFH, TCS asks all employees to work from offices

No more WFH, TCS asks all employees to work from offices

Rediff.com11 Oct 2023

The company -- the first major IT services firms to announce such a move -- has asked its workforce to return to offices because of the need to deepen the value systems and a belief in productivity gains coming from co-working, TCS chief human resources officer Milind Lakkad told reporters.

Street gives a thumbs up to Anil Agarwal-led Vedanta's demerger plan

Street gives a thumbs up to Anil Agarwal-led Vedanta's demerger plan

Rediff.com11 Oct 2023

Debt management is going to be a worry for the Vedanta group until FY25 at least. However, the restructuring of business divisions in Vedanta India could lead to an unlocking of values. The group structure is fairly complex. Anil Agarwal-led Vedanta Resources (VRL), which is London-listed, has a lot of debt on the balance sheet. It will have to repay $1 billion in secured bonds by January 2024 and at least another $300 million in calendar 2024.

Coming Soon! UPI-Based ATMs

Coming Soon! UPI-Based ATMs

Rediff.com11 Oct 2023

The transition to UPI-based ATMs will be gradual, and consumers will not immediately switch to using standalone UPI ATMs overnight.

BJP's Bidhuri skips LS privileges panel meet in communal slur row

BJP's Bidhuri skips LS privileges panel meet in communal slur row

Rediff.com10 Oct 2023

The Lok Sabha's Privileges Committee, headed by BJP member Sunil Kumar Singh, took up other issues on the agenda as Bidhuri, who was campaigning for the party in poll-bound Rajasthan, kept away.

Asset divestment needed to resolve Vedanta's debt crisis: Analysts

Asset divestment needed to resolve Vedanta's debt crisis: Analysts

Rediff.com10 Oct 2023

Analysts assert that Vedanta Group's plan to demerge India-listed Vedanta Limited into six listed entities will not resolve the debt problem of its promoter entity, Vedanta Resources (VRL). They suggest that additional asset sales or stake sales by promoters will be necessary to repay the debt. Vedanta is already considering the divestment of its iron-steel division and its copper plant.

CRISIL Ratings places Vedanta under watch with negative implications

CRISIL Ratings places Vedanta under watch with negative implications

Rediff.com6 Oct 2023

CRISIL Ratings on Thursday placed the long-term bank facilities and debt instruments of Vedanta Limited under 'rating watch with negative implications', the agency said in a press statement. CRISIL said the ratings may also be downgraded if Vedanta is not able to bring down its end-of-year financial leverage to below 2.7 times through asset monetisation, which is to be completed by December this year.

PIX: Real Madrid rally to victory; Manchester United lose

PIX: Real Madrid rally to victory; Manchester United lose

Rediff.com4 Oct 2023

Manchester United's miserable season continued with a 3-2 home defeat by Galatasaray.

Markets fall on unabated foreign fund outflows

Markets fall on unabated foreign fund outflows

Rediff.com3 Oct 2023

Among the Sensex firms, Maruti, NTPC, Tata Motors, ICICI Bank, HDFC Bank, Reliance Industries, JSW Steel, ITC and Mahindra & Mahindra were the major laggards. Bajaj Finance, Larsen & Toubro, Bajaj Finserv and Titan were among the gainers.

Run-up to RBI monetary policy review: Expect another hawkish pause

Run-up to RBI monetary policy review: Expect another hawkish pause

Rediff.com3 Oct 2023

The Monetary Policy Committee (MPC) is expected to maintain the status quo on policy rates for the fourth consecutive time in its October 4-6 review meeting. The incremental information available since its last meeting in August suggests that growth and inflation prints for the second quarter (Q2) of financial year 2023-24 (FY24) will exceed the committee's projections. However, the Consumer Price Index (CPI)-based inflation is expected to moderate in the second half (H2) of FY24.

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