Amritha Pillay, Sachin P Mampatta &Amp;Amp; Advait Rao Palepu

Stories by Amritha Pillay, Sachin P Mampatta &Amp;Amp; Advait Rao Palepu

Who's To Be Blamed For Bridge Collapses?

Who's To Be Blamed For Bridge Collapses?

Rediff.com   18 Jul 2024

Government officials believe that central bridge projects perform better than state projects due to stricter checks and balances.

RIL net may see sequential dip

RIL net may see sequential dip

Rediff.com   15 Jul 2024

Consolidated earnings for oil-to-telecom conglomerate Reliance Industries (RIL) may report sequential weakness, and modest year-on-year (Y-o-Y) growth in the June 2024 quarter (Q1FY25), said analysts. Lower refining margins are expected to moderate gains made from other businesses. RIL is slated to report its financial performance for Q1FY25 on July 19.

Capital goods cos may see rise in profit, dip in orders

Capital goods cos may see rise in profit, dip in orders

Rediff.com   15 Jul 2024

Fresh order wins for capital goods and industrial companies may have seen a major slump due to Lok Sabha polls in the first quarter of the current financial year (Q1FY25). At the same time, revenue and profit growth trajectory is expected to have stayed the course, according to brokerage firms. Elara Capital, Motilal Oswal, and InCred Equities expect this sector universe to report a 12- 21 per cent growth in revenue, 21 -36 per cent growth in Ebitda and 24-38 per cent growth in profit on a year-on-year (Y-oY) basis.

Labour Pains, The Silent Crisis Undermining India's Infrastructure Boom

Labour Pains, The Silent Crisis Undermining India's Infrastructure Boom

Rediff.com   11 Jul 2024

Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.

Why Adani Solar Sought Visas For Chinese

Why Adani Solar Sought Visas For Chinese

Rediff.com   8 Jul 2024

In seeking visa approvals for engineers from China, the company has reasoned that India lacks the expertise to set up such a solar facility.

'Fire Is Always A Concern In Mumbai'

'Fire Is Always A Concern In Mumbai'

Rediff.com   29 Jun 2024

'As the city grows, so do its fire incidents.'

Related-party transactions: Rs 2.68 trn awaits shareholder nod this week

Related-party transactions: Rs 2.68 trn awaits shareholder nod this week

Rediff.com   24 Jun 2024

Shareholders of industry giants Adani Enterprises, Reliance Industries, and Tata Motors - the latter two are part of the Sensex - will decide on combined related-party transactions of more than Rs 2.68 trillion proposed for this financial year and later. Related-party transactions for BSE 500 companies touched at least a six-year high of Rs 42.1 trillion in FY23, the Capitaline data shows. The Rs 42.1 trillion includes related-party transactions both at balance-sheet and profit-and-loss levels.

Adani Praises Manmohan, Modi...

Adani Praises Manmohan, Modi...

Rediff.com   20 Jun 2024

'If the period between 1991 and 2014 was about laying the foundations and building the runway, the period from 2014 to 2024 has been about the aircraft taking off.'

As order books grow, capital goods, engg companies firm up capex plans

As order books grow, capital goods, engg companies firm up capex plans

Rediff.com   5 Jun 2024

As order books gain from India's increased capital outlay, some large capital goods and engineering companies are together spending over Rs 11,500 crore in creating new facilities, data shows. Nine engineering and capital goods companies, where data was available, including Siemens, Larsen & Tourbo (L&T) and KEC International, have a combined capital expenditure (capex) of about Rs 11,500 crore or more. Others such as ABB India and Thermax Global are also adding capacities.

BJP Lost 72 Seats Across 7 States

BJP Lost 72 Seats Across 7 States

Rediff.com   5 Jun 2024

This negated the gain of more than a dozen seats in Odisha, Madhya Pradesh and Kerala.

AI, Cloud, super app: Adani group to bet big on tech

AI, Cloud, super app: Adani group to bet big on tech

Rediff.com   5 Jun 2024

Coal-to-airports conglomerate Adani group is set to make a splash in the tech world. The group is considering the creation of customised artificial intelligence (AI) models for commercial prospects and consolidating digital services on a super app, according to people in the know. The Adani One app, part of its consumer-facing businesses, is reportedly in talks to expand into e-commerce and digital payments, according to a Financial Times report.

Why Low Voter Turnout Trend Is Worrying

Why Low Voter Turnout Trend Is Worrying

Rediff.com   14 May 2024

If the decline reflects a loss of faith in the democratic process, even a well-executed social media nudge may not help.

Adani, Tata eye bigger pie in Mumbai power distribution

Adani, Tata eye bigger pie in Mumbai power distribution

Rediff.com   6 May 2024

As Mumbai's real estate and electric vehicle penetration grows, two of the city's private power distribution companies, Adani Electricity and Tata Power, are eyeing a bigger business pie, particularly betting on high-value customers. Adani Electricity Mumbai (AEML), the subsidiary which houses Adani Energy Solutions' Mumbai distribution business, recorded a six per cent growth in total units sold in the financial year 2023-24 (FY24), the company's presentation shows. This gain came at over 13 per cent growth in the year-ago period.

Which Companies Has Amit Shah Invested In?

Which Companies Has Amit Shah Invested In?

Rediff.com   29 Apr 2024

Amit A Shah holds a stake in 180 listed entities, according to data disclosed in his election affidavit.

Crorepati Candidates And Moveable Assets

Crorepati Candidates And Moveable Assets

Rediff.com   23 Apr 2024

Moveable assets accounted for 46 per cent of the wealth of the 10 richest candidates in the first phase of the 2024 elections.

Adani Power revives old ambitions as power demand surges in India

Adani Power revives old ambitions as power demand surges in India

Rediff.com   10 Apr 2024

Adani Power, part of the Adani group, plans to add close to 6 gigawatts (Gw) of new power assets in the next five years, according to an investor presentation by the company. That is clearly meant to ride on India's burgeoning power demand. But there is another side to it: All of this new capacity is expected to be thermal power, or power produced from coal.

New private project announcements zoom ahead of polls

New private project announcements zoom ahead of polls

Rediff.com   9 Apr 2024

The private sector's new project announcements in the quarter ending March were among the highest on record. The value of new private sector project announcements for the three months ending March 2024 was Rs 9.8 trillion, shows data from tracker Centre for Monitoring Indian Economy (CMIE). This is the second-highest on record in data going back to 2009.

Electoral Bonds Saw Landscape Shift

Electoral Bonds Saw Landscape Shift

Rediff.com   8 Apr 2024

Key individual parties have cornered a larger share, with some favouring regional and others national players.

'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.com   29 Mar 2024

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

How Do Turncoats Fare In Elections?

How Do Turncoats Fare In Elections?

Rediff.com   28 Mar 2024

The share of candidates who were successful among the BJP was 56.5% in 2019. It was 5% for the Congress.