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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.

Maidaan, Bade Miyan Chote Miyan Release Postponed!

Maidaan, Bade Miyan Chote Miyan Release Postponed!

Rediff.com8 Apr 2024

The great Wednesday clash between the year's big releases have been postponed by a day.

ED opposes Sisodia's bail saying he's delaying trial

ED opposes Sisodia's bail saying he's delaying trial

Rediff.com7 Apr 2024

The agency opposed Sisodia's bail plea before Special Judge Kaveri Baweja, who extended the judicial remand of the AAP leader till April 18 after he was produced before the court on the expiry of his custody.

Wipro CEO Thierry Delaporte resigns; Srinivas Pallia named new chief

Wipro CEO Thierry Delaporte resigns; Srinivas Pallia named new chief

Rediff.com6 Apr 2024

Indian IT major Wipro on Saturday announced the resignation of its CEO Thierry Delaporte and named Srinivas Pallia as the new chief executive officer effective immediately. Wipro's Board noted the resignation of Delaporte with effect from April 6, 2024, the company said in a BSE filing, and added he will be relieved from the employment of the company with effect from the close of business hours on May 31, 2024.

India's polls under Chinese threat? Microsoft warns of AI misuse by Beijing

India's polls under Chinese threat? Microsoft warns of AI misuse by Beijing

Rediff.com6 Apr 2024

China is likely to deploy Artificial Intelligence-generated content via social media to sway public opinion to boost its geopolitical interests during elections in countries like India, South Korea and the US, tech giant Microsoft has warned.

'Unbelievable after six years my mother got bail'

'Unbelievable after six years my mother got bail'

Rediff.com6 Apr 2024

'I was laughing and crying at the same time. Right now, just extremely happy that she will be out and amongst us soon.'

Centre Plans To Raise Rs 7.5 Trillion...

Centre Plans To Raise Rs 7.5 Trillion...

Rediff.com6 Apr 2024

...to fund the revenue gap. Of the gross market borrowing of Rs 14.13 trillion estimated for FY25, Rs 7.5 trillion, or 53 per cent, is planned to be borrowed in the first half.

Bandhan Bank founder CEO C S Ghosh to retire in July

Bandhan Bank founder CEO C S Ghosh to retire in July

Rediff.com5 Apr 2024

Private sector lender Bandhan Bank on Friday said its founder, managing director and CEO Chandra Shekhar Ghosh has tendered his resignation. Ghosh would retire from the services of the bank as MD and CEO upon completion of his current tenure on July 9, 2024, the bank said in a regulatory filing. "After leading the bank for almost a decade, including three consecutive tenures as MD & CEO, I feel that the time has now come for me to assume a larger strategic role at Bandhan group level," Ghosh said in a letter addressed to the board.

Sensex gains marginally to scale new peak after RBI policy decision

Sensex gains marginally to scale new peak after RBI policy decision

Rediff.com5 Apr 2024

Among the Sensex constituents, 18 stocks closed in negative with UltraTech Cement, L&T, Bharti Airtel, Bajaj Finance and Tech Mahindra being major laggards. Other heavyweights like Asian Paints, Maruti, Titan and JSW Steel also saw heavy selling. In contrast, Kotak Mahindra Bank, Bajaj Finserve, HDFC Bank, ITC and SBI bucked the trend and ended the session with a gain of up to 2.09 per cent.

Elgar: SC notes long detention, delay in charges, grants bail to activist

Elgar: SC notes long detention, delay in charges, grants bail to activist

Rediff.com5 Apr 2024

In a relief to academic-activist Shoma Kanti Sen, arrested in June 2018 in connection with the Elgar Parishad-Maoist links case, the Supreme Court on Friday granted her bail while taking cognisance of the "composite effect" of the delay in framing charges coupled with her prolonged detention.

Big Four bet on employees with tech skill

Big Four bet on employees with tech skill

Rediff.com4 Apr 2024

The Big Four accounting firms have increased the hiring of people from technology backgrounds in India amid an increased focus of clients on digital transformation, especially after the Covid-19 pandemic. EY India said that it has expanded its overall tech talent pool by 3x in the last three years across service lines including consulting, tax, assurance, and strategy & transactions. "Today over 50 per cent of our workforce is from STEM (science, technology, engineering and mathematics) and technology background," it said, adding that it continues to hire significantly in the areas of AI, cloud computing, data analytics and cybersecurity to help its clients in transformation.

Recipe: Zelda's Pasta Minestrone Soup

Recipe: Zelda's Pasta Minestrone Soup

Rediff.com4 Apr 2024

The zestful, satisfying mixed vegetable Italian soup makes for a special meal.

Why Hospital Stays Are Getting Shorter

Why Hospital Stays Are Getting Shorter

Rediff.com3 Apr 2024

'Every hospital now tracks length of stay closely.' 'More efficiency is brought into the system now.'

Tejas Mark-1A Ready For IAF

Tejas Mark-1A Ready For IAF

Rediff.com2 Apr 2024

HAL has integrated the ASRAAM (advanced short range air-to-air missile) for the Tejas Mark 1A. The Tejas Mark 1A will carry twin ASRAAM missiles with a range of 60 to 70 kilometres.

IPL 2024: KKR-RR, GT-DC matches rescheduled

IPL 2024: KKR-RR, GT-DC matches rescheduled

Rediff.com2 Apr 2024

Kolkata Knight Riders' home IPL game against Rajasthan Royals was on Tuesday advanced by a day to April 16

India's manufacturing sector growth hits 16-yr high in Mar

India's manufacturing sector growth hits 16-yr high in Mar

Rediff.com2 Apr 2024

India's manufacturing sector growth climbed to a 16-year high in March on the back of the strongest increase in output and new orders since October 2020, amid reports of buoyant demand conditions, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) surged to a 16-year high of 59.1 in March, from 56.9 in February, reflecting stronger growth of new orders, output and input stocks as well as renewed job creation. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.

Intense summer heat to add to election fever, warns IMD

Intense summer heat to add to election fever, warns IMD

Rediff.com2 Apr 2024

India is set to experience extreme heat during the April to June period, with the central and western peninsular parts expected to face the worst impact, the IMD said on Monday as the country prepares for seven-phase general elections from April 19.

'Pick your battles', CJI cautions probe agencies

'Pick your battles', CJI cautions probe agencies

Rediff.com1 Apr 2024

Expressing concern over instances of 'unwarranted' confiscation of personal devices during raids, the CJI said they highlight the pressing need to strike a balance between investigative imperatives and individual privacy rights.

Markets rally make investors richer by Rs 10.58 lakh cr in three days

Markets rally make investors richer by Rs 10.58 lakh cr in three days

Rediff.com1 Apr 2024

Investors' wealth soared by Rs 10.58 lakh crore in three days of the market rally, where the BSE benchmark jumped over 2 per cent, and hit an all-time high on Monday. Extending its winning momentum to the third day running, the 30-share BSE Sensex jumped 363.20 points or 0.49 per cent to settle at 74,014.55. During the day, it zoomed 603.27 points or 0.81 per cent to hit its record high of 74,254.62.

KKR's home match on Apr 17 set to be rescheduled

KKR's home match on Apr 17 set to be rescheduled

Rediff.com1 Apr 2024

Kolkata Knight Riders' home IPL match against Rajasthan Royals on April 17 is set to be rescheduled after the local police expressed its inability to provide adequate security due to Ram Navami celebrations on that day, the Cricket Association of Bengal (CAB) has informed the BCCI.

How To Start A Business: 14 Tips

How To Start A Business: 14 Tips

Rediff.com1 Apr 2024

Business success often involves a combination of planning, implementation, and continuous learning, says rediffGURU Harsh Bharwani.

China renames 30 more places in Arunachal Pradesh

China renames 30 more places in Arunachal Pradesh

Rediff.com1 Apr 2024

India has been rejecting China renaming places in Arunachal Pradesh, asserting that the state is an integral part of the country and assigning "invented" names does not alter this reality.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com31 Mar 2024

The Reserve Bank of India's interest rate decision, macroeconomic data and global trends will drive investors' sentiment this week, with markets hoping to continue the positive momentum after ending FY24 on a buoyant note, analysts said. In addition, the trading activity of foreign investors, the rupee-dollar trend and the movement of global oil benchmark Brent crude would also influence trading in equity markets. The 30-share BSE Sensex climbed 14,659.83 points or 24.85 per cent in the 2023-24.

Improving metrics keep Street positive on stocks of public-sector banks

Improving metrics keep Street positive on stocks of public-sector banks

Rediff.com30 Mar 2024

Public sector banks (PSBs) have delivered significant outperformance over the past three years and the sector has been re-rated. Given the growth and profitability expectations of an 18 per cent return on equity (RoE) over FY24-26, there is still a case for buying at the current levels. While the net interest margins or NIMs may remain range-bound or have a downward bias, there's optimism about possibly better opex ratios and lower non-performing assets (NPAs), plus scope for further credit cost reduction, and healthy treasury performances as interest rates trend down.

'India is a bright spot. Lot of hope for next two decades'

'India is a bright spot. Lot of hope for next two decades'

Rediff.com29 Mar 2024

'China is somewhat disappointing in its recovery, and slow growth, and India is reporting strong growth numbers.'

Sindhu advances to Madrid Masters quarters

Sindhu advances to Madrid Masters quarters

Rediff.com28 Mar 2024

It was a smooth performance from Sindhu as she was hardly tested by the Taiwanese qualifier

Palestinians have been denied their homeland: Jaishankar

Palestinians have been denied their homeland: Jaishankar

Rediff.com27 Mar 2024

He stated that what transpired on October 7 was a 'terrorist attack' but also acknowledged, in reference to the Israeli counteroffensive in Gaza, that every response must take into account something called international humanitarian law.

Give him time: Afridi comes out in defence of Shaheen

Give him time: Afridi comes out in defence of Shaheen

Rediff.com27 Mar 2024

Former Pakistan skipper Shahid Afridi has come out in defence of his son-in-law Shaheen Shah Afridi following speculation that the tall pace bowler was going to be removed as the national T20 captain.

Bopanna-Ebden reach Miami Open semifinals

Bopanna-Ebden reach Miami Open semifinals

Rediff.com27 Mar 2024

The duo, who had won the Australian Open earlier this year, overcame several unforced errors in the first set to win the gruelling quarterfinal 3-6, 7-6 (4), 10-7.

Alcaraz advances to Miami Open quarters, Eyes Sunshine Double

Alcaraz advances to Miami Open quarters, Eyes Sunshine Double

Rediff.com27 Mar 2024

The Spaniard needed less than 90 minutes to dispatch the 23rd seed from Italy

Kavitha sent to judicial custody till April 9

Kavitha sent to judicial custody till April 9

Rediff.com26 Mar 2024

A court in New Delhi on Tuesday sent Bharat Rashtra Samiti leader K Kavitha to judicial custody till April 9 on a plea made by the Enforcement Directorate that the 'highly influential' arrestee, if released, was likely to influence witnesses and tamper with evidence.

Pre-trial stay on news hits freedom of speech, rules SC in Bloomberg vs Zee

Pre-trial stay on news hits freedom of speech, rules SC in Bloomberg vs Zee

Rediff.com26 Mar 2024

Courts should not grant ex-parte injunctions against publication of a news article barring in exceptional cases as it may have severe ramifications for the right to freedom of speech of the author and the public's right to know, the Supreme Court has said.

Miami Open: Swiatek, Gauff stunned in fourth round

Miami Open: Swiatek, Gauff stunned in fourth round

Rediff.com26 Mar 2024

Iga Swiatek's hopes of landing another 'Sunshine Double' ended in a 6-4, 6-2 fourth round loss to Ekaterina Alexandrova on Monday as the world number one joined third seed Coco Gauff in making an early exit from the Miami Open.

Miami Open: Alcaraz, Zverev advance

Miami Open: Alcaraz, Zverev advance

Rediff.com26 Mar 2024

Top seed Carlos Alcaraz dominated Gael Monfils 6-2 6-4 and fourth seed Alexander Zverev escaped a tight first set en route to a 7-6(4) 6-3 win over Christopher Eubanks to reach the last 16 at the Miami Open on Monday.

Top 10 Skills To Succeed At Work

Top 10 Skills To Succeed At Work

Rediff.com26 Mar 2024

Digital literacy is emerging as the professional language of 2024. It is the ability to process complex data sets, deploy critical communication technologies appropriately and validate your importance at your workplace, explains Jagdeep Kochar, managing director, Baker & Taylor India.

Why Modi Should Thank Indira Gandhi

Why Modi Should Thank Indira Gandhi

Rediff.com25 Mar 2024

If Indira Gandhi hadn't targeted the RSS, Narendra Modi wouldn't be sitting pretty with his second majority and looking at a third, asserts Shekhar Gupta.

Stimac sets World Cup qualification target, vows to resign if India fails

Stimac sets World Cup qualification target, vows to resign if India fails

Rediff.com25 Mar 2024

Stimac has prioritised qualification to the third round and secure a direct entry into the 2027 AFC Asian Cup.

Street Signs: Market on edge, unveiling fund manager strategies, and more

Street Signs: Market on edge, unveiling fund manager strategies, and more

Rediff.com25 Mar 2024

In addition to regulatory actions against small and midcaps, tighter liquidity conditions are another headwind that stocks are facing this month. Market observers say advance tax outflows and capital gains-related adjustments will weigh on the markets in the near term.

PIX: Sinner's great escape in Miami

PIX: Sinner's great escape in Miami

Rediff.com25 Mar 2024

Jannik Sinner bounced back after losing the first set to beat Tallon Griekspoor in the third round of the Miami Open.

Modi first foreign head to get Bhutan's highest civilian honour

Modi first foreign head to get Bhutan's highest civilian honour

Rediff.com22 Mar 2024

Prime Minister Narendra Modi on Friday received Bhutan's highest civilian award, the 'Order of the Druk Gyalpo', making him the first foreign Head of the Government to receive the honour.

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