Deepak Korgaonkar, Ishita Ayan Dutt &Amp; Ajay Modi

Stories by Deepak Korgaonkar, Ishita Ayan Dutt &Amp; Ajay Modi

MFs Pump Rs 1.8 Trillion Into Markets

MFs Pump Rs 1.8 Trillion Into Markets

Rediff.com   29 Jun 2024

Domestic institutional investors pumped Rs 2.3 trillion into equities during H1 CY24. Of this, mutual funds contributed 80%.

'For Tata Steel, It Will Be Better Than Last Year'

'For Tata Steel, It Will Be Better Than Last Year'

Rediff.com   19 Jun 2024

'When you look at reviving private sector capex, I don't think there's a better story than steel.'

'Demand will come back after the elections'

'Demand will come back after the elections'

Rediff.com   16 Jun 2024

'The Budget will be positive, continuing on the path of growth taken so far.'

Did Lakshmir Bhandar Help Mamata Win?

Did Lakshmir Bhandar Help Mamata Win?

Rediff.com   6 Jun 2024

The welfare schemes of the government, particularly Lakshmir Bhandar, have had a major impact on the electoral outcome.

Why MamataDi Won Bengal

Why MamataDi Won Bengal

Rediff.com   5 Jun 2024

'Women are likely to have voted because of the numerous welfare schemes. The CAA consolidated minority votes and the BJP's booth-level organisation in Bengal is weak.'

Voting advisory firms divided over FMCG major ITC's hotel demerger move

Voting advisory firms divided over FMCG major ITC's hotel demerger move

Rediff.com   4 Jun 2024

Three leading domestic voting advisory firms are not on the same page over the proposed demerger and separate listing of ITC's hotel business, ITC Hotels. Institutional Investor Advisory Services (IiAS) has recommended a vote "against" the resolution, while InGovern and Stakeholders Empowerment Services (SES) have advised their clients to vote in favour. Voting on the resolution is currently underway.

Suvendu's Career Hinges On Tamluk

Suvendu's Career Hinges On Tamluk

Rediff.com   25 May 2024

'The life of his political career is dependent on success in this constituency.'

Recharge Zones To Cool Clothing: Indian Companies' Summer Strategies

Recharge Zones To Cool Clothing: Indian Companies' Summer Strategies

Rediff.com   23 May 2024

Several firms are stepping up to help their workforce cope with soaring temperatures

In Mahua vs Amrita Roy battle, don't forget the CPM

In Mahua vs Amrita Roy battle, don't forget the CPM

Rediff.com   13 May 2024

The curious onlookers that greet the candidates are, however, unaware about the importance of history. They are just there to catch a glimpse of 'Rani Ma' Amrita Roy or Mahua Moitra.

Bengal's tea industry seeks a new flavour

Bengal's tea industry seeks a new flavour

Rediff.com   1 May 2024

The alpona (artwork) on the steep, winding road leading to Makaibari bears testimony to the visit of G20 delegates for the second tourism working group meeting in April last year. The lush tea bushes, the delegates joining in for the moonlight plucking of Silver Tips Imperial first flush, a favourite of late Queen Elizabeth II, cut a picture of mystical magic. But it's not the Kurseong tea garden's only shining moment - the last few years have been busy for the estate and its bungalow.

'I Don't Know What I Am Going To Do'

'I Don't Know What I Am Going To Do'

Rediff.com   25 Apr 2024

The political heat in West Bengal has been giving the rising mercury levels serious competition since the high court order.

Why Election 2024 Is So Subdued...

Why Election 2024 Is So Subdued...

Rediff.com   22 Apr 2024

'It's dull because this time the election is spread over such a long period.'

'ITC aspires to double its business in five years'

'ITC aspires to double its business in five years'

Rediff.com   21 Apr 2024

'While every year presents new challenges, it also provides opportunities for better growth and performance.'

How Berger Paints plans to protect its market share

How Berger Paints plans to protect its market share

Rediff.com   16 Apr 2024

'Which is growing fast and where we are very strongly positioned.'

Avenue Supermarts regains Rs 3-trillion m-cap; stock zooms 23% in 1 month

Avenue Supermarts regains Rs 3-trillion m-cap; stock zooms 23% in 1 month

Rediff.com   12 Apr 2024

Shares of Avenue Supermarts, which owns and operates the DMart stores, hit a two-year high of Rs 4,710.15 as they surged nearly 6 per cent on the BSE in Thursday's (April 4) intraday trade after reporting strong revenue growth in the January-March quarter (Q4) of the previous financial year (FY24). DMart, in the Q4FY24 pre-quarter update, said the company reported 20 per cent growth in standalone revenue from operations at Rs 12,393 crore, as against Rs 10,337 crore in the third quarter (Q3) of 2022-23 (FY23), driven by a 7 per cent growth in revenue per store and a robust 13 per cent year-on-year (Y-o-Y) increase in store additions. In Q3 of 2021-22, the company reported revenue of Rs 8,606 crore and in Q3 of 2020-21, it posted revenue of Rs 7,303 crore.

Rekha Jhunjhunwala's Wealth Grew By...

Rekha Jhunjhunwala's Wealth Grew By...

Rediff.com   3 Apr 2024

Rekha Jhunjhunwala's net worth has increased by more than 7 per cent, or Rs 2,865 crore, compared to less than 1 per cent rise in the BSE Sensex.

OMC shares sink up to 6% on fuel price cut

OMC shares sink up to 6% on fuel price cut

Rediff.com   23 Mar 2024

Investors shunned shares of oil marketing companies (OMCs) on Friday as they feared that the government's decision to cut retail prices of petrol and diesel could hurt the companies' profit margins in the near term. On Thursday, the government announced that OMCs will reduce pump prices of petrol and diesel after a record 22 months, making them cheaper by Rs 2 per litre in the national capital. The changes were effective from Friday.

Rasna looks at overseas franchise arrangements for manufacturing abroad

Rasna looks at overseas franchise arrangements for manufacturing abroad

Rediff.com   14 Mar 2024

Rasna, which became a household name in the 80s and 90s and is still ruling the pre-mix market, is now looking at overseas franchise arrangements for manufacturing abroad. As part of the arrangement, the franchisee would invest in the plant and machinery and it would also take care of day-to-day operations. Rasna would supply the pre-mix, technical know-how and some financial support.

Will BJP benefit from Trinamool leader's arrest for Sandeshkhali?

Will BJP benefit from Trinamool leader's arrest for Sandeshkhali?

Rediff.com   14 Mar 2024

Whether the age-old cry of kendrer banchana will be able to drown out pangs of Sandeshkhali, the EVM will tell.

Paints shares lose sheen post Birla Opus launch; Asian Paints at 10-mth low

Paints shares lose sheen post Birla Opus launch; Asian Paints at 10-mth low

Rediff.com   5 Mar 2024

Shares of paint companies faced pressure, falling up to 5 per cent on the BSE in Monday's (February 26) intraday trade amid concerns that Grasim Industries' entry into the paint sector will intensify the competition. Asian Paints reached a 10-month low of Rs 2,850, slipping nearly 5 per cent after brokerage firm CLSA downgraded the stock following the Birla Opus launch. The paint maker's stock traded at its lowest level since April 28, 2023.