Amritha Pillay And Deepak Korgaonkar

Stories by Amritha Pillay And Deepak Korgaonkar

Manufacturing cos look to kickstart ops post-lockdown

Manufacturing cos look to kickstart ops post-lockdown

Rediff.com   8 Apr 2020

According to sources, government officials have asked industry bodies and manufacturers to submit key concerns and requirements to begin manufacturing activity.

Market crash shaves 36% off Rakesh Jhunjhunwala's holdings in 3 months

Market crash shaves 36% off Rakesh Jhunjhunwala's holdings in 3 months

Rediff.com   24 Mar 2020

Titan, NCC, Delta Corp, Karur Vysya Bank, Aptech, and Jubilant Life Sciences are among stocks in Jhunjhunwala's portfolio that have taken a severe hit, falling more than 50 per cent during the period.

In one month India's Rs 1 trillion club shrinks to 18

In one month India's Rs 1 trillion club shrinks to 18

Rediff.com   24 Mar 2020

The bulk of the erosion in terms of value took place in India's most-valued firms. For instance, Mukesh Ambani-led Reliance Industries alone has lost Rs 3.8 trillion in m-cap, followed by HDFC Bank, which has seen its value erode by Rs 2.45 trillion and Tata Consultancy Services (TCS), which has lost Rs 1.85 trillion to stand at Rs 6.24 trillion, making it India's most-valued.

Coronavirus spread: Retailers, multiplexes, mall owners spar over rentals

Coronavirus spread: Retailers, multiplexes, mall owners spar over rentals

Rediff.com   20 Mar 2020

Retailers and multiplex operators want mall owners to either forgo rent for the period of the shutdown or lower rent in the event the mall is open but footfalls are low.

FPIs pull out Rs 36,221 cr from markets in 13 days

FPIs pull out Rs 36,221 cr from markets in 13 days

Rediff.com   13 Mar 2020

While a coordinated aggressive monetary easing from the central banks is most likely to offer some respite in the near-term, it is unlikely to improve the sentiments.

L&T plans to cut debt by Rs 30,000 crore

L&T plans to cut debt by Rs 30,000 crore

Rediff.com   5 Mar 2020

To sell off L&T IDPL, Nabha Power; transfer Hyderabad Metro to an InvIT.

Most Indians not comfortable with woman as CEO

Most Indians not comfortable with woman as CEO

Rediff.com   27 Feb 2020

In India, 39 per cent of the sample of a survey said 'very comfortable' for a woman heading the government, higher than 34 per cent who replied with 'very comfortable' for a woman heading a company. However, men are less accepting of such appointments.

IRCTC enters top-100 m-cap league

IRCTC enters top-100 m-cap league

Rediff.com   26 Feb 2020

With an m-cap of Rs 31,744 crore, IRCTC stood at 96th position in the overall market capitalisation ranking, the BSE data shows.

Investors could find BPCL's work culture delightful

Investors could find BPCL's work culture delightful

Rediff.com   11 Jan 2020

'BPCL has always been spoken about as a multinational company though it is State-run... this sets our work culture also apart.'

Adani Power looks at debt refinance to reduce cost

Adani Power looks at debt refinance to reduce cost

Rediff.com   14 Dec 2019

Adani Power expects to reduce its annual interest cost to Rs 1,900 crore, from the current Rs 3,800 crore through low cost funding.

India's manufacturing capacity utilisation declines to the lowest ever

India's manufacturing capacity utilisation declines to the lowest ever

Rediff.com   6 Dec 2019

Industry players said they were indeed seeing a serious fall in capacity usage, though some sectors were seeming to prevent further fall in the overall capacity utilisation.

Infra developers in wait and watch mode in new Uddhav-led coalition govt

Infra developers in wait and watch mode in new Uddhav-led coalition govt

Rediff.com   4 Dec 2019

Shiv Sena has so far expressed concerns over car shed for the city's planned metro network, the bullet train and the West Coast refinery projects.

India Inc is hiring more contract workers these days

India Inc is hiring more contract workers these days

Rediff.com   25 Nov 2019

Lower cost and easier termination may well be among the reasons that companies seek to have employees on contract. The share of employees on contract has increased to 57.3 per cent of the total workforce this year as compared to 53.7 per cent in the previous year.

Why India Inc is unwilling to hire women

Why India Inc is unwilling to hire women

Rediff.com   22 Nov 2019

The lack of a strong diversity policy on the part of companies, a limited pool of women candidates as well as socio-cultural factors contribute to their low numbers.

Fund mobilisation via QIPs in 2019 is the 2nd-highest in five years

Fund mobilisation via QIPs in 2019 is the 2nd-highest in five years

Rediff.com   13 Nov 2019

In the past two months alone, four companies have garnered a cumulative Rs 22,400 crore via this route.

Refining margins may boost RIL's earnings

Refining margins may boost RIL's earnings

Rediff.com   16 Oct 2019

10 analysts estimated RIL's consolidated net profit at Rs 11,256 crore and nine analysts estimated revenue at Rs 1.5 trillion.

As IPOs succeed, investors win big on primary market

As IPOs succeed, investors win big on primary market

Rediff.com   15 Oct 2019

Out of 11 companies that got listed in 2019, nine have outrun the market by gaining more than 10 per cent against their respective issue price.

FPIs withdraw $3 billion in Q3, most in nearly three years

FPIs withdraw $3 billion in Q3, most in nearly three years

Rediff.com   2 Oct 2019

Despite the 3 per cent gain in September 2019, the FPI sell-off during the quarter has seen the benchmark indices - the S&P BSE Sensex and the Nifty 50 register negative returns in Q3CY19.

Gautam Thapar, three others banned from markets over CG Power fraud

Gautam Thapar, three others banned from markets over CG Power fraud

Rediff.com   18 Sep 2019

Sebi said Thapar-promoted and -related entities owed Rs 1,723.19 crore as receivables to the company, while connected parties owed another Rs 462.74 crore.

Credit Suisse downgrades RIL to underperform

Credit Suisse downgrades RIL to underperform

Rediff.com   6 Aug 2019

The brokerage reduced its target price for the company to Rs 995 per share from Rs 1,350 apiece. Credit Suisse said RIL's liabilities increased from $19 billion to $65 billion in four years.