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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.

Petrol, diesel prices cut by Rs 2 each

Petrol, diesel prices cut by Rs 2 each

Rediff.com14 Mar 2024

Petrol and diesel prices were cut by Rs 2 per litre each as state-owned oil companies ended a nearly two-year-long hiatus in rate revision, just hours before the general election schedule was announced.

Kovind's report moots simultaneous LS, assembly polls as first step

Kovind's report moots simultaneous LS, assembly polls as first step

Rediff.com14 Mar 2024

A high-level committee on Thursday recommended simultaneous elections for Lok Sabha and state assemblies as the first step followed by synchronised local body polls within 100 days.

Karun Nair believes he can 'play for India again'

Karun Nair believes he can 'play for India again'

Rediff.com13 Mar 2024

Karun Nair is only the second Indian to score a triple hundred in Test cricket.

IAF's Tejas aircraft crashes on way back from war game witnessed by PM

IAF's Tejas aircraft crashes on way back from war game witnessed by PM

Rediff.com13 Mar 2024

The pilot ejected safely and a court of inquiry has been ordered to ascertain the cause of the accident, the IAF said in a brief statement.

Factory output slows to 3.8% in Jan; Feb retail inflation flat at 5.09%

Factory output slows to 3.8% in Jan; Feb retail inflation flat at 5.09%

Rediff.com12 Mar 2024

India's industrial production growth slowed to 3.8 per cent in January, while the February retail inflation at 5.09 per cent remained within the Reserve Bank's comfort zone for the sixth straight month, according to the latest government data. Growth in factory output, based on the Index of Industrial Production (IIP), slowed to 3.8 per cent in January 2024, mainly due to poor performance of manufacturing, mining and power sectors, according to the data released by the Ministry of Statistics & Programme Implementation.

Longer working hours & low earnings: How India's gig workforce fares

Longer working hours & low earnings: How India's gig workforce fares

Rediff.com12 Mar 2024

Long working hours, earnings that fall short of meeting household expenses, arbitrary deactivation and blocking of identity (ID) by platforms, and high physical and mental stress are among the major issues plaguing workers of the booming gig economy in India, a report based on a survey has found. Nearly 83 per cent cab drivers reported working for more than 10 hours in a day, while 78 per cent delivery personnel worked for the same duration, showed the report released on Monday, titled "Prisoners on Wheels" and based on a survey by the University of Pennsylvania and the Indian Federation of App-Based Transport Workers (IFAT).

Rakesh Gangwal sells IndiGo shares worth Rs 6,785 crore

Rakesh Gangwal sells IndiGo shares worth Rs 6,785 crore

Rediff.com11 Mar 2024

InterGlobe Aviation's promoter Rakesh Gangwal on Monday sold shares worth Rs 6,785 crore of the company through open market transactions. The co-founder of the company, which operates the country's largest airline IndiGo, offloaded 2.25 crore shares of IndiGo amounting to 5.83 per cent stake, according to bulk deal data on BSE.

Sensex sinks 617 points due to selling in metal, banking stocks

Sensex sinks 617 points due to selling in metal, banking stocks

Rediff.com11 Mar 2024

Among Sensex firms, Power Grid and Tata Steel fell more than 2 per cent. HDFC Bank, State Bank of India, IndusInd Bank, Hindustan Unilever and NTPC were among the major laggards. Nestle, Bajaj Finserv and Bajaj Finance were among the gainers.

How much stake does Sudha Murty own in Infosys?

How much stake does Sudha Murty own in Infosys?

Rediff.com8 Mar 2024

Sudha Murty, who was on Friday nominated to the Rajya Sabha by the President, holds a 0.83 per cent stake in IT bellwether Infosys which at current prices is worth close to Rs 5,600 crore. The 73-year-old philanthropist is the wife of Infosys co-founder NR Narayana Murthy. She is the chairperson of the Murty Trust and has authored several books.

Surprise Journey In The Mahindra XUV400

Surprise Journey In The Mahindra XUV400

Rediff.com7 Mar 2024

From Mumbai to Silvassa in Daman, and back.

Ashwin's 100 Tests, In Numbers

Ashwin's 100 Tests, In Numbers

Rediff.com6 Mar 2024

Ashwin is the only Indian to score a century and bag a five-wicket in a single Test. He has achieved this feat on three occasions.

BJP's 'nefarious designs' to topple govt shows...: Himachal CM

BJP's 'nefarious designs' to topple govt shows...: Himachal CM

Rediff.com6 Mar 2024

Sukhu said that he was a warrior and will fight till his last to ensure the welfare of the state and its people.

EPL PIX: Nunez scores late winner for Liverpool; Spurs win

EPL PIX: Nunez scores late winner for Liverpool; Spurs win

Rediff.com3 Mar 2024

Liverpool snatched three points with a wild 1-0 victory over relegation-threatened Nottingham Forest.

World Indoors: Long jumper Jeswin Aldrin finishes 13th

World Indoors: Long jumper Jeswin Aldrin finishes 13th

Rediff.com2 Mar 2024

National record holder long jumper Jeswin Aldrin finished a disappointing 13th with a 7.69m effort in the World Indoor Athletics Championships.

'Don't think Shreyas needs any encouragement'

'Don't think Shreyas needs any encouragement'

Rediff.com1 Mar 2024

Mumbai captain Ajinkya Rahane backed Shreyas Iyer to deliver a punchy performance for the team in the Ranji Trophy semi-final against Tamil Nadu.

Tejas Gets More Sophisticated

Tejas Gets More Sophisticated

Rediff.com1 Mar 2024

The Mark-1A will be more sophisticated and capable than the Tejas Mark-1.

The Battles Over Recipes

The Battles Over Recipes

Rediff.com1 Mar 2024

Who owns a recipe, and should one fight over its origins?

Infra sectors' growth slows to 15-month low of 3.6% in January

Infra sectors' growth slows to 15-month low of 3.6% in January

Rediff.com29 Feb 2024

The growth of eight key infrastructure sectors slowed to a 15-month low of 3.6 per cent in January, on account of poor performance of sectors like refinery products, fertiliser, steel and electricity, according to the official data released on Thursday. The growth of eight core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 4.9 per cent in December. It was 9.7 per cent in January 2023.

Sensex, Nifty close higher in volatile trade

Sensex, Nifty close higher in volatile trade

Rediff.com29 Feb 2024

Reliance Industries closed more than half a per cent higher after the company announced a proposed merger of media and entertainment assets of Viacom18 with Star India. Hindustan Unilever, Bharti Airtel, Tata Motors, ITC, Tech Mahindra and Axis Bank were among the laggards.

Dhawan's heroic comeback ends in heartbreak

Dhawan's heroic comeback ends in heartbreak

Rediff.com28 Feb 2024

Shikhar Dhawan's return to competitive cricket proved valiant but futile

'Have to give huge amount of credit to selection panel for picking Bashir'

'Have to give huge amount of credit to selection panel for picking Bashir'

Rediff.com25 Feb 2024

Former England skipper Alastair Cook appreciated spinner Shoaib Bashir after his strong performance on the second day of the fourth Test against India at JSCA International Stadium Complex on Saturday.

Ranji: Musheer's double ton puts Mumbai in control

Ranji: Musheer's double ton puts Mumbai in control

Rediff.com24 Feb 2024

Mumbai were ahead by 257 runs in the first innings after Musheer Khan struck an unbeaten 203, with Baroda reaching 127/2 in reply by the close of play on day two

Ranji: Taide slams ton; Musheer leads Mumbai recovery

Ranji: Taide slams ton; Musheer leads Mumbai recovery

Rediff.com23 Feb 2024

Vidarbha opener Atharva Taide struck his third first-class century and his second of the ongoing Ranji Trophy season

Ashwin's milestone day makes him undisputed spin King

Ashwin's milestone day makes him undisputed spin King

Rediff.com23 Feb 2024

Ashwin bagged the wicket of Jonny Bairstow to become the first Indian player to reach the landmark milestone.

AB de Villiers blames 'Bazball' for Joe Root's poor run

AB de Villiers blames 'Bazball' for Joe Root's poor run

Rediff.com21 Feb 2024

AB de Villiers expressed disappointment at star England batter Joe Root's low string of scores during the ongoing Test series against India.

BSE, NSE end in red; Sensex slumps 434 points

BSE, NSE end in red; Sensex slumps 434 points

Rediff.com21 Feb 2024

In the Sensex pack, 20 stocks ended in the red while 37 of the Nifty constituents closed the session with losses. NTPC was the biggest loser among the Sensex constituents, ending with a loss of 2.71 per cent.

Strong Q3 showing adds fuel to Coal India stock

Strong Q3 showing adds fuel to Coal India stock

Rediff.com21 Feb 2024

Coal India Limited's (CIL) October-December quarter of financial year 2023-24 (Q3FY24) results have beaten the Street's estimates. Revenue rose 3 per cent year-on-year (Y-o-Y) to Rs 36,200 crore, led by higher volumes and better realisation from Fuel-Supply Agreement (FSA) coal. The blended average selling price (ASP) was down 6 per cent Y-o-Y to Rs 1,727 per tonne, and the FSA ASP was up 3 per cent Y-o-Y to Rs 1,532 per tonne.

'Ajit has choked Pawar politically'

'Ajit has choked Pawar politically'

Rediff.com21 Feb 2024

'Pawar is a fighter. He will fight back.'

Mohammed Siraj: 150 wickets and counting

Mohammed Siraj: 150 wickets and counting

Rediff.com17 Feb 2024

Siraj's stellar performance in England's first innings, where he claimed 4/84 in 21.5 overs, played a crucial role in India gaining a vital lead.

Curfew relaxed in violence-hit Haldwani, night curbs to continue

Curfew relaxed in violence-hit Haldwani, night curbs to continue

Rediff.com17 Feb 2024

The curfew was imposed and the administration issued shoot-at-sight orders after stone-pelting incidents, torching of vehicles and a mob surrounded the local police station following the anti-encroachment drive.

Fear of BCCI backlash, ECB turns down Lalit Modi

Fear of BCCI backlash, ECB turns down Lalit Modi

Rediff.com16 Feb 2024

Unwilling to jeopardise its cordial relationship with the all-powerful BCCI, the England and Wales Cricket Board (ECB) has rejected a lucrative 10-year buy-out offer of their franchise-based property 'The Hundred' from former IPL commissioner Lalit Modi, the Daily Telegraph reported.

Sensex surges 376 points; auto, IT shares advance

Sensex surges 376 points; auto, IT shares advance

Rediff.com16 Feb 2024

Wipro was the biggest gainer in the Sensex chart, rising 4.79 per cent, followed by M&M, L&T, Tata Motors, Maruti, Infosys, Nestle India and IndusInd Bank.

Swiggy may file papers with Sebi for IPO in 2 weeks to raise Rs 8,000 cr

Swiggy may file papers with Sebi for IPO in 2 weeks to raise Rs 8,000 cr

Rediff.com16 Feb 2024

Swiggy is planning to file its draft red herring prospectus with the Securities and Exchange Board of India for its initial public offering (IPO) in the next two weeks, aiming for an $11 billion IPO valuation target. The Bengaluru-based firm plans to raise an estimated $1 billion (Rs 8,300 crore) through the IPO this year. The company is targeting a valuation in the range of $10-11 billion, and it currently has approximately $800 million in cash from the previous funding round, according to sources.

FPIs' investment value rises 13% to $738 bn in Dec quarter

FPIs' investment value rises 13% to $738 bn in Dec quarter

Rediff.com14 Feb 2024

The value of FPIs (Foreign Portfolio Investors) holding in Indian equities reached $738 billion in the three months ended December 2023, marking a surge of 13 per cent from the preceding quarter, driven by the strong performance of the domestic stock market, according to a report by Morningstar. The value of FPIs investment was at $651 billion in the September quarter of the current fiscal. On a year-on-year basis, the value of such investments rose 26 per cent from $584 billion in December 2022.

Sensex gains 268 points on fag-end buying

Sensex gains 268 points on fag-end buying

Rediff.com14 Feb 2024

State Bank of India was the biggest gainer in the Sensex pack, rising 4.24 per cent, followed by Tata Steel, Axis Bank, Maruti, NTPC, PowerGrid, ITC and Nestle India. Reliance jumped 1.15 per cent to end at Rs 2,962.60 apiece on BSE.

Maldives deports 43 Indians for 'committing crimes'

Maldives deports 43 Indians for 'committing crimes'

Rediff.com14 Feb 2024

The Maldives has deported 186 foreigners, including 43 Indians, after accusing them of committing crimes like visa violations and drug offences, according to a media report.

Inflation falls to three-month low of 5.1 pc in January

Inflation falls to three-month low of 5.1 pc in January

Rediff.com12 Feb 2024

Retail inflation declined to a three-month low of 5.1 per cent in January, mainly due to subdued prices of vegetables, fruits and other food items, according to government data released on Monday. The fall indicates that retail inflation is inching towards the Reserve Bank's comfort level of 4 per cent. The Consumer Price Index (CPI) based inflation was on the rise for two straight months after touching a trough of 4.9 per cent in October 2023. In December, it stood at 5.69 per cent.

Ranji Trophy: Jadeja powers Saurashtra to big win

Ranji Trophy: Jadeja powers Saurashtra to big win

Rediff.com12 Feb 2024

Dharmendrasinh Jadeja took 7/32 as Saurashtra thrashed Rajasthan by 218 runs.

Sensex sinks 523 points on profit booking

Sensex sinks 523 points on profit booking

Rediff.com12 Feb 2024

In the Sensex pack, NTPC, Tata Steel, SBI and IndusInd Bank were among the major laggards. In contrast, Wipro, HCL Tech, Mahindra & Mahindra and Nestle were among the nine stocks that defied the trend.

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