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Nifty slips below 8,650; HDFC dips 2%

Nifty slips below 8,650; HDFC dips 2%

Benchmark share indices slipped in late trades amid growing uncertainty over the passage of the GST Bill weighed on investor sentiment. At 2:20pm, the S&P BSE Sensex was down 109 points at 28,100 and the Nifty50 slipped 20 points at 8,646. Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.4%-0.8% each. Index heavyweights Reliance Industries and HDFC witnessed profit taking after recent gains and were down 1.4%-1.9% each. ICICI Bank was down ..., 15 minutes ago

'Moment of reckoning': Hillary accepts historic presidential nomination

“It is with humility, determination and boundless confidence in America’s promise that I accept your nomination for president of the United States,” said Hillary Clinton – the first American to stand on the brink of being called madame president. Democratic presidential candidate Hillary Clinton and US Vice President nominee Tim Kaine acknowledge the crowd at the end on the fourth day of the Democratic National Convention at the Wells Fargo Center in ...
 Rediff.com45 minutes ago I accept your nomination, says Hillary as she scripts history  Rediff.com6 hours ago Hillary Clinton to deliver her acceptance speech today  Rediff.com7 hours ago

Expelled BJP leader Dayashankar Singh arrested in Bihar

Breaking News: Dayashankar Singh arrested by police from Buxar, Bihar.The expelled Bharatiya Janata Party leader on Thursday failed to get a stay on his arrest from Allahabad high court which directed the Uttar Pradesh government to file its reply by August 5 on his plea challenging the lodging of first information report against him for allegedly using derogatory language against Bahujan Samaj Party supremo Mayawati. The Lucknow bench comprising justices Ajai Lamba and Ravindra Nath ...
 Rediff.com47 minutes ago

Ananth Narayanan: The turnaround man

Narayanan’s strategy of building exclusive brands for Myntra has been a success as well, and more such brands will be added to the portal’s offering in the future, points out Alnoor Peermohamed. As a consultant with McKinsey, Ananth Narayanan has helped scores of companies in China and India set their house in order and grow their business. So, when Narayanan was hired last year by Flipkart to run Myntra, its online fashion store, he knew what the task was ahead of him. Myntra was ...
 Rediff.com47 minutes ago

Germany's Schweinsteiger retires from international football

IMAGE: Germany's Bastian Schweinsteiger celebrates scoring his team's second goal. Photograph: Clive Mason/Getty Images. German midfielder Bastian Schweinsteiger has retired from international football, he announced on Friday, saying he was disappointed to have not finished his career with a win at Euro 2016 in France. "It wasn't to be and I have to accept it," he said in a statement on his Twitter feed. "The historic and emotional high was winning the World Cup in 2014," added the ...
 Rediff.com47 minutes ago

Bengaluru sinks in rain; rescue boats hit streets

A couple of days of rainfall and the Bengaluru residents are struggling to stay afloat. Residents being rescued from their flooded homes by the fire department. Photograph: @BlrCityPolice/Twitter Overflowing drains, uprooted trees and collapsed walls were reported from across the city following heavy rains that continued to lash the city till late Friday morning. The fire department used boats to rescue people who were stranded in the rain waters. Water logging at Bilekahalli Ward, ...
 Rediff.com52 minutes ago

PHOTOS: Sri Lanka vs Australia, 1st Test, Day 4

IMAGE: Sri Lanka’s Kusal Mendis scored 176 runs against Australia at the Pallekele International Cricket Stadium, on Friday. Photograph: SLC/Twitter. Kusal Mendis fell after a marathon 176 as Sri Lanka stretched their lead to 228 runs with three wickets in hand when rain forced an early lunch on day four of the first Test against Australia on Friday. Sri Lanka were 314-7 at the interval with Dilruwan Perera (12) and Rangana Herath (17) in the middle when rain stopped play at the ...
 Rediff.com55 minutes ago

Sena-MNS bhai bhai? Closed-door meet between Uddhav-Raj raises speculation

MNS chief Raj Thackeray on Friday met his estranged cousin and Shiv Sena president Uddhav Thackeray at the latter's home sparking speculation of possible reapproachement for the crucial civic polls in the city due early in 2016. Raj, who lives in Dadar, drove to Matoshree, Uddhav's residence in suburban Bandra. No aides were present at the meeting, Sena sources said.In 2012, after Uddhav underwent an angiography (to unblock blood vessels), he was driven ...
 Rediff.com1 hour ago

Why I can no longer laugh at Arnab Goswami

When does a joke stop being funny?Arnab Goswami has always been something of a joke. For Anglophone India, its highest-rated newsman has always been entertainment -- less a real person, more a parcel of self-righteous hot air trapped inside an awful suit. When he comes up in conversation, we roll our eyes."Too much shouting,' we say smugly, or "too many guests'. We speculate on whether he gets tired of playing the part of a sanctimonious scold, and make jokes about the "voice of the Nation".
 Rediff.com1 hour ago

PHOTOS: Drenched Gurugram asks Delhi to stay away

Thousands of office goers and other commuters were on Friday stranded in Gurugram as heavy rains led to water-logging on National Highway-8 causing massive traffic jams, forcing authorities to shut down schools in Delhi’s satellite city while some offices too declared it an off. IMAGE: Snarls that lasted for more than six hours gave commuters nightmares. Photograph: @abhinavranjan85/Twitter  Many motorists abandoned their vehicles and waded through knee-deep water which ...
 Rediff.com1 hour ago Khattar blames Kejriwal for Gurugram flooding  Rediff.com3 hours ago Gurugram: Schools shut for 2 days after hundreds spend night in monster jam  Rediff.com3 hours ago Hundreds stuck in monster jam on nightmare night in Gurugram  Rediff.com3 hours ago
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