Amritha Pillay And Deepak Korgaonkar

Stories by Amritha Pillay And Deepak Korgaonkar

Falling car sales reflects in Nifty Auto's 3-year low

Falling car sales reflects in Nifty Auto's 3-year low

Rediff.com   20 Jul 2019

An analysis of past 20 years' demand cycles done by Edelweiss Securities indicates that the auto sector is currently in the middle of a down cycle. Volume recovery, they say, is unlikely to be as sharp as in the past, unless there is strong fiscal support.

Mid- and small-cap stock indices not yet out of the woods

Mid- and small-cap stock indices not yet out of the woods

Rediff.com   10 Jul 2019

The proposal to increase public float, hike income tax surcharge, move to tax share buybacks and lack of stimulus to shore up economic growth has hurt investor sentiment.

Anil Ambani's RInfra staring at yet another legal hurdle

Anil Ambani's RInfra staring at yet another legal hurdle

Rediff.com   9 Jul 2019

RInfra's plan to lease out headquarters property may face legal hurdle. Moreover, PE players with balance sheets that can take on Reliance Centre Office in Santacruz would be limited and include a handful of players such as Blackstone group, GIC, Brookfield Asset Management and Maplewood Investments.

Anil Ambani on why there's sharp fall in his group firm shares

Anil Ambani on why there's sharp fall in his group firm shares

Rediff.com   19 Jun 2019

He said unwarranted rumour-mongering, speculation, and bear hammering of all Reliance Group companies shares over the last few weeks had caused grave damage to all our stakeholders.

FPIs pumped in nearly $11 bn in equity markets till May

FPIs pumped in nearly $11 bn in equity markets till May

Rediff.com   5 Jun 2019

Foreign investors, according to them, will now wait-and-watch how the economy takes shape in the backdrop of doubts over monsoon, interest rate trajectory and other global events such as the US - China trade war.

Why infra firms in Andhra are staring at a bleak future

Why infra firms in Andhra are staring at a bleak future

Rediff.com   4 Jun 2019

Bhogapuram international airport, Ramayapatnam and Bandar ports, the Muktyala lift irrigation scheme and a bridge across the Krishna river are some of the projects likely to be hit.

Plan to make Maharashtra drought-free by 2019 fails miserably

Plan to make Maharashtra drought-free by 2019 fails miserably

Rediff.com   30 May 2019

Despite Chief minister Devendra Fadnavis' ambitious plan, 40 per cent of the state is reeling from drought and its water tanker economy is booming. As of February 2019, the state government declared drought in 151 of the 358 talukas.

India's 13 biggest cos saw 121 deaths due to accidents

India's 13 biggest cos saw 121 deaths due to accidents

Rediff.com   1 May 2019

The 13 firms under consideration had nearly a million employees as of March 2018, including contractual and temporary workforce.

Why FY19 was the busiest for RIL's M&A team in 10 years

Why FY19 was the busiest for RIL's M&A team in 10 years

Rediff.com   29 Apr 2019

Reflective of the conglomerate's ambition to turn into a consumer-driven business, most of the 33 acquisitions in the last financial year were for its digital, retail, or related verticals.

RIL-Aramco deal fits well for both their future strategies

RIL-Aramco deal fits well for both their future strategies

Rediff.com   23 Apr 2019

Aramco also plans to invest in building India's largest oil refinery on the country's west coast.

'Cement industry in India is institutionalising'

'Cement industry in India is institutionalising'

Rediff.com   20 Apr 2019

With infrastructure claiming a larger share, movement and distribution of cement is bound to change.

Primary market off to best start in 3 years

Primary market off to best start in 3 years

Rediff.com   11 Apr 2019

Going ahead, experts say, the fundraising trend in the primary market will depend on how the secondary market performs against the backdrop of the outcome of general elections and global cues.

Anil Ambani's sinking wealth leaves lenders jittery

Anil Ambani's sinking wealth leaves lenders jittery

Rediff.com   21 Feb 2019

While RCom owes Indian banks close to Rs 45,000 crore, Ambani has lost close to $408 million of personal wealth year-to-date until Tuesday.

More pain ahead for mid, small-cap indices

More pain ahead for mid, small-cap indices

Rediff.com   30 Jan 2019

The underperformance comes amid liquidity concerns in the non-banking finance companies space and Essel Group default news.

Markets unlikely to see any pre-interim Budget rally

Markets unlikely to see any pre-interim Budget rally

Rediff.com   25 Jan 2019

The government is expected to dole out some populist policies, especially for the rural / farm sector while presenting the interim budget, given that the country is heading towards general elections over the next few months.

Special 26: These stocks outperformed markets for 5 years

Special 26: These stocks outperformed markets for 5 years

Rediff.com   17 Jan 2019

Of these 26, Bajaj Finance, Associated Alcohols and Breweries, Garware Technologies, Filatex India, Tasty Bite Eatables, Aarti Industries and GMM Pfaudler saw an over 10-fold surge in price since 2014.

For Adani it's 5th new business in five years

For Adani it's 5th new business in five years

Rediff.com   2 Jan 2019

The group will be in a better position to now scale up most of its segments irrespective of government policy, but the bad news others add is its growing debt.

Order inflows: Where did this Rs 2.67 trillion go?

Order inflows: Where did this Rs 2.67 trillion go?

Rediff.com   1 Jan 2019

Over 93% of the orders in the year came from the central and state governments, PSUs, and NHAI.

Stocks witness worst setback in 7 years

Stocks witness worst setback in 7 years

Rediff.com   26 Dec 2018

'2018 has seen a bi-polar market.' 'Thanks to gains in some key stocks, market returns are positive. But there has been huge wealth destruction in the small and mid-cap space.'

The REAL story behind zero #MeToo cases

The REAL story behind zero #MeToo cases

Rediff.com   16 Nov 2018

Audit firms such as KPMG believe zero complaints may be an indicator of the lack of requisite mechanism to allow for such reporting