Dev Chatterjee And Sachin P Mampatta

Stories by Dev Chatterjee And Sachin P Mampatta

PMC Bank chairman's HDIL link runs really deep

PMC Bank chairman's HDIL link runs really deep

Rediff.com   4 Oct 2019

While Waryam Singh was a non-executive director at HDIL, he is listed as one of the promoters of the company and had relations, including shareholding, with several other entities controlled by the Wadhawans, the HDIL founders.

LIC's investment in private sector at 16-year low

LIC's investment in private sector at 16-year low

Rediff.com   26 Sep 2019

This is despite the private sector companies outperforming their public sector counterparts, reports Sachin P Mampatta.

Should BMW buy JLR from Tata Motors?

Should BMW buy JLR from Tata Motors?

Rediff.com   19 Sep 2019

BMW is over-capitalised and is awash with cash and it could quickly lower JLR's investment costs and raise margins by leveraging its own platforms, powertrains, purchasing scale and quality control.

Yet another sign that economy is in bad shape

Yet another sign that economy is in bad shape

Rediff.com   11 Sep 2019

India Inc's investment project announcement falls to Rs 11.3 trillion. In the coming months, the pace of investments would depend on how soon consumption demand picks up and private sector investment ramps up investment in infrastructure.

Tata Sons AGM okays 1000% dividend payout

Tata Sons AGM okays 1000% dividend payout

Rediff.com   24 Aug 2019

The higher dividend will help Tata Trusts, which owns 67 per cent stake in Tata Sons, to invest in its charitable activities. The total dividend outgo will be Rs 404 crore.

Titan, a good bet for Rakesh Jhunjhunwala

Titan, a good bet for Rakesh Jhunjhunwala

Rediff.com   9 Aug 2019

Titan accounted for 59.6 per cent of his disclosed portfolio at Rs 8,355 crore. This is more than 10 times the next biggest holding, Federal Bank, at Rs 619 crore.

Banks should pass on rate-cut benefits to spur investment, says India Inc

Banks should pass on rate-cut benefits to spur investment, says India Inc

Rediff.com   8 Aug 2019

CEOs have complained that high interest rates have blocked their investment decisions. At the same time, customers are also deferring their purchases for new consumer durables, cars, and homes.

Debt profile worsens for V G Siddhartha's unlisted private companies

Debt profile worsens for V G Siddhartha's unlisted private companies

Rediff.com   1 Aug 2019

The financials of six privately held companies associated with Siddhartha show an increase in debt and falling ability to meet short-term obligations.

Brokers exit cash segment, numbers drop by a quarter

Brokers exit cash segment, numbers drop by a quarter

Rediff.com   24 Jul 2019

High regulatory expectations and advent of discount broking have made old-style brokerage businesses unviable.

NBFC job losses mount as lending plummets

NBFC job losses mount as lending plummets

Rediff.com   16 Jul 2019

'The people let off by the NBFCs have little bargaining power and willingly settle for a 20% to 25% cut in their existing salaries when hunting for new jobs.'

How Chandra plans to tackle the 2 key challenges of Tata group

How Chandra plans to tackle the 2 key challenges of Tata group

Rediff.com   24 Jun 2019

At the end of 2018-19, the Tata group had a consolidated debt of Rs 2.77 trillion. Tatas not only plan to avoid big-ticket acquisitions for now, the group's main focus will be on improving key metrics and reduce debt, say Shally Seth Mohile & Dev Chatterjee.

Anomaly in Facebook poll spend data

Anomaly in Facebook poll spend data

Rediff.com   15 Jun 2019

'Unknown' location advertisement spends were nearly 74% higher than the next biggest spender, Uttar Pradesh.

How IL&FS bosses showed fictitious profits for salary hikes

How IL&FS bosses showed fictitious profits for salary hikes

Rediff.com   10 Jun 2019

Besides 15 loan transactions to the Siva group of companies, the former directors also used unique methods to ensure the group did not get into the default list.

India Inc heaves sigh of relief over 30-day grace for loan default

India Inc heaves sigh of relief over 30-day grace for loan default

Rediff.com   8 Jun 2019

Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.

Fear grips financial sector as DHFL defaults on payment

Fear grips financial sector as DHFL defaults on payment

Rediff.com   7 Jun 2019

Nomura analysts said the Reserve Bank of India and the government would need to segregate the potential solvency issue at DHFL from liquidity issues at other larger wholesale NBFCs and HFCs.

It will take 346 years for you to match your MP's assets

It will take 346 years for you to match your MP's assets

Rediff.com   5 Jun 2019

The average assets of an MP are now 345.8 times that of an annual income of a tax-filing individual, reports Sachin P Mampatta.

As party spends drop, Facebook political ad revenues tapers off

As party spends drop, Facebook political ad revenues tapers off

Rediff.com   17 May 2019

The cumulative spends on Google are in excess of Rs 27.4 crore. There have been 14,837 advertisements on Google platforms.

Mukesh Ambani's personal firms also selling assets to cut debt

Mukesh Ambani's personal firms also selling assets to cut debt

Rediff.com   6 May 2019

Bankers said as part of its debt reduction plan, Canada's Brookfield-sponsored India Infrastructure Trust acquired a pipeline for Rs 13,000 crore from East West Pipeline Ltd, an arm of Reliance Industries Holding Private Ltd, and all the liabilities are now off the subsidiary's books.

Anil Ambani's Reliance group slams Rahul Gandhi for his 'malicious lies'

Anil Ambani's Reliance group slams Rahul Gandhi for his 'malicious lies'

Rediff.com   6 May 2019

Rahul has singled out Anil Ambani several times for winning the Rafale defence contract from the Narendra Modi government, alleging favouritism and corruption.

Rakesh Jhunjhunwala sees NDA government

Rakesh Jhunjhunwala sees NDA government

Rediff.com   5 May 2019

Rakesh Jhunjhunwala sounded another note of caution on the nature of the latest bull run.