Deepak Korgaonkar And Krishna Kant

Stories by Deepak Korgaonkar And Krishna Kant

Corporate earnings take a big knock in Q3

Corporate earnings take a big knock in Q3

Rediff.com   28 Feb 2019

Analysts attribute this fall to the recent moderation in energy (mainly crude oil) and commodity prices, lowering of input costs for companies in sectors such as FMCG, consumer durables, and automobiles, reports Krishna Kant.

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.

'Don't think you can predict the markets'

'Don't think you can predict the markets'

Rediff.com   16 Jan 2019

Financial planners advise against putting capital to work by anticipating what might go up or down.

Harsh reality check for India's realty developers

Harsh reality check for India's realty developers

Rediff.com   15 Jan 2019

Listed realty developers saddled with unsold properties worth Rs 1 trillion

India's 6 most cash-rich promoters; Azim Premji is No 1

India's 6 most cash-rich promoters; Azim Premji is No 1

Rediff.com   11 Jan 2019

India's cash-rich promoters are not the same as the wealthiest. For example, Mukesh Ambani is the richest Indian based on his stake in Reliance Industries, followed by Premji, the Adani family of the Adani group, and Radhakishan Damani of Avenue Supermarts.

Economy in bad shape, but rich year for tycoons

Economy in bad shape, but rich year for tycoons

Rediff.com   27 Dec 2018

Mukesh Ambani remains the country's wealthiest promoter as his stake in Reliance is now worth Rs 3.25 trillion!

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.'

Average Indian's income sees slower growth

Average Indian's income sees slower growth

Rediff.com   6 Dec 2018

Average salary has grown faster than average business income for three of the last five years. This has implications in a country like India. Most people in India are self-employed, with 51.4% of the population falling in that bracket.

Holy cow! Now even India Inc spends money on them

Holy cow! Now even India Inc spends money on them

Rediff.com   22 Nov 2018

41 listed firms made 73 donations to gaushalas (cow shelters) and other cow-related charities over the last four years. The donations range from a few thousand rupees to a million.

NBFCs need fresh capital to be in race

NBFCs need fresh capital to be in race

Rediff.com   2 Nov 2018

Most NBFCs will have to slow down their loan growth. Some of the most leveraged will have to sell a part of their assets (or loan book) to banks to raise incremental capital. Others may have to knock on the door of their deep-pocketed parents.

Govt's lopsided plan to meet divestment target

Govt's lopsided plan to meet divestment target

Rediff.com   25 Oct 2018

The finance ministry has short listed 11 PSUs for a possible buyback of shares in the ongoing financial year

Dangers lurk, as India Inc chooses deleveraging over growth

Dangers lurk, as India Inc chooses deleveraging over growth

Rediff.com   11 Oct 2018

Total net debt-equity ratio improves for third consecutive year, while investment in new projects hits a 10-year low, says Krishna Kant.

Falling profits, but CEOs rake in moolah

Falling profits, but CEOs rake in moolah

Rediff.com   8 Oct 2018

27 large listed firms give double-digit hikes to top executives despite a decline in net profit.

Rate-sensitive stocks tank; experts say wait and ride out the storm

Rate-sensitive stocks tank; experts say wait and ride out the storm

Rediff.com   5 Oct 2018

Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices

IL&FS crisis: Was correction in NBFC stocks overdue?

IL&FS crisis: Was correction in NBFC stocks overdue?

Rediff.com   1 Oct 2018

Second-tier NBFC stocks are trading at 24.4x their trailing earnings, which is nearly twice their 15-year average of 13.9x

Lehman@10: Mixed fortune for India Inc's global forays

Lehman@10: Mixed fortune for India Inc's global forays

Rediff.com   27 Sep 2018

Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.

The silver lining for Nifty50 firms from a falling rupee

The silver lining for Nifty50 firms from a falling rupee

Rediff.com   10 Sep 2018

A weaker rupee could aid corporate earnings through its positive impact on export intensive sectors such as information technology services, pharmaceuticals and commodity producers such as metal and mining, and oil and gas companies.