Ashley Coutinho And Sachin P Mampatta

Stories by Ashley Coutinho And Sachin P Mampatta

Businessmen suicides outnumber farmers' for 2nd year in a row

Businessmen suicides outnumber farmers' for 2nd year in a row

Rediff.com   31 Aug 2022

The states recording the highest number of such deaths include Karnataka (14.3 per cent), Maharashtra (13.2 per cent), and Madhya Pradesh (11.3 per cent). Tamil Nadu (9.4 per cent) and Telangana (7.5 per cent) were the other two in the top five.

Rs 1 Trillion Freebies By State Govts

Rs 1 Trillion Freebies By State Govts

Rediff.com   27 Aug 2022

'The power sector accounts for much of the financial burden of state governments in India.'

When Rakesh Jhunjhunwala used to get Rs 60 as trainee CA

When Rakesh Jhunjhunwala used to get Rs 60 as trainee CA

Rediff.com   22 Aug 2022

Nearly four decades ago, when Rakesh Jhunjhunwala was a young chartered accountant in training, he was paid a conveyance of Rs 60. Deductions would take away Rs 15 from this princely sum and he was left with Rs 45 by the time the allowance made its way to his hands. He would save as much as he could from this amount, so that he would have a small amount to spend when he met his friends on the weekend at Chicken Centre. This was an eatery popular with the young at the time, perhaps because food and drink were affordable even for those new to the workforce.

Foreign companies' interest in India fades, shows data

Foreign companies' interest in India fades, shows data

Rediff.com   19 Aug 2022

George Acland from Great Britain ran a coffee plantation in Sri Lanka and set up India's first jute mill in 1855. He raised capital and imported the machinery for the mill on the banks of the Hooghly in West Bengal. His company wasn't a great success, but his pioneering work paved the way for India to dominate the jute industry.

India Sees 8 Aviation Accidents Every Year

India Sees 8 Aviation Accidents Every Year

Rediff.com   30 Jul 2022

The number of serious incidents has more than doubled in the last seven years.

Investors pushing back more on top executive pay hikes

Investors pushing back more on top executive pay hikes

Rediff.com   28 Jul 2022

Investors are pushing back more often against companies' resolutions on what is paid out to top executives. In the first four months of financial year 2022-23 (FY23), there have already been five such rejections, according to shareholder voting data from tracker Adrian, a platform maintained by the proxy advisory firm Institutional Investor Advisory Services India (IiAS). Two of these have been at multiplex chain PVR and direct-to-home company Dish TV India.

India-Japan Trade: The Abe Effect

India-Japan Trade: The Abe Effect

Rediff.com   21 Jul 2022

During Abe's tenure, Japan had announced support for a number of major projects. These included the bullet train project between Mumbai and Ahmedabad, besides allocations for a freight corridor between Mumbai and New Delhi.

Long-Short Funds Hold Fort In Turbulent Times

Long-Short Funds Hold Fort In Turbulent Times

Rediff.com   5 Jul 2022

Most of the long-only funds are closed-ended. This means that investors have to lock in their money for a fixed period before they can take it back.

7 out of 9 neighbouring nations charge less for petrol than India

7 out of 9 neighbouring nations charge less for petrol than India

Rediff.com   28 Jun 2022

Amid news of a fuel shortage in some parts of the country and wider unrest over fuel issues in the neighbourhood, an analysis of the data from international tracker globalpetrolprices.com shows that the per litre price of petrol is higher in India than in seven out of its nine neighbours.

Private placements at lowest since 2014; total money raised down 23%

Private placements at lowest since 2014; total money raised down 23%

Rediff.com   24 Jun 2022

The total amount of money various entities have raised through the private placement route is at its lowest since 2014. They raised a total of Rs 1.96 trillion in the first five months of 2022, revealed the numbers from PRIME Database. It is down 23.4 per cent from the Rs 2.56 trillion raised in the corresponding period in 2021.

India Inc's profits rise 28% in March quarter, banks contribute the most

India Inc's profits rise 28% in March quarter, banks contribute the most

Rediff.com   9 Jun 2022

A strong performance by sectors including banking raised the profits of Indian companies by 28 per cent in the three months ended March 2022. The rate of growth is, however, lower than the 30 per cent seen in December. Growth in net sales was also lower than what was seen in the December quarter for the sample under consideration.

Markets: 'Volatility to remain higher than usual'

Markets: 'Volatility to remain higher than usual'

Rediff.com   3 Jun 2022

'Periods of high volatility are usually bad for mid-caps and this is something that has to be kept in mind.' 'Focus on quality is of paramount importance.'

'Important to assess all investment options'

'Important to assess all investment options'

Rediff.com   19 May 2022

'Then select those that are well-aligned with your risk-return profile and investment time horizon.'

Wipro tops list of 300-plus stocks to hit 52-week lows

Wipro tops list of 300-plus stocks to hit 52-week lows

Rediff.com   14 May 2022

Analysts believe that investors should look at stocks that hit 52-week lows only if they have a dividend paying track record, are debt-free and have sound fundamentals.

Retail investors put over Rs 2,000 cr in bankrupt firms, hoping for revival

Retail investors put over Rs 2,000 cr in bankrupt firms, hoping for revival

Rediff.com   10 May 2022

Retail investors have put at least Rs 2,296 crore in listed companies facing proceedings under the Insolvency and Bankruptcy Code (IBC). A median such-company had 16,163 retail investors as shareholders many of whom apparently have bought a stake on the hope of making money if the firm revives. They own a fifth of the total stake in the companies under consideration. The analysis looked at 75 listed firms for whom shareholding data was available for March 2022.

Does Monsoon Impact Market Returns?

Does Monsoon Impact Market Returns?

Rediff.com   6 May 2022

Many years during which monsoons were poor saw high returns, while normal or excess rainfall has also coincided with poor calendar year gains.

India's bond slump worse than others, issuance value down 10.1%

India's bond slump worse than others, issuance value down 10.1%

Rediff.com   19 Apr 2022

Indian issuers are borrowing lesser through bonds compared to their global peers. The total value of bond issuances was down 10.1 per cent on a rolling 4-quarter basis in March 2022, compared to a similar period in March 2019, shows an analysis of data from tracker Refinitiv, a London Stock Exchange Group (LSEG) business. The four quarters ended March 2019 marked the last full financial year before the pandemic took hold.

A Good Time To Buy Large Caps?

A Good Time To Buy Large Caps?

Rediff.com   11 Apr 2022

'Large-caps are better placed to withstand the impact of higher input cost inflation, rising rates and withdrawal of excess global liquidity.'

Why Are India's Rich Reluctant Givers?

Why Are India's Rich Reluctant Givers?

Rediff.com   8 Apr 2022

A sudden surge in wealth because of stock market gains after the pandemic could be one of the factors behind the relatively lower share of philanthropy in total wealth.

Whistleblower alleges irregularities in Invesco's fixed income schemes

Whistleblower alleges irregularities in Invesco's fixed income schemes

Rediff.com   2 Apr 2022

Sebi is reportedly examining the matter internally and has reached out to the fund house on the matter.