Dev Chatterjee, Samie Modak

Stories by Dev Chatterjee, Samie Modak

L&T bets big on data centres, defence sector

L&T bets big on data centres, defence sector

Rediff.com   26 Aug 2025

Larsen & Toubro Ltd (L&T) is deepening its push into data centres and defence manufacturing while keeping an eye on emerging opportunities in nuclear and thermal power, chairman and managing director SN Subrahmanyan said. The engineering and construction conglomerate has invested around Rs 2,200 crore in data centres, with 32 megawatts (Mw) already operational.

Foreign Investors Slash India Allocations

Foreign Investors Slash India Allocations

Rediff.com   22 Aug 2025

Global emerging market investors are sharply cutting back on India, making it the largest underweight market, as funds rotate into China, Hong Kong, and South Korea amid tariff shocks and valuation concerns.

Tariffs: India Inc Cautions Against Knee-jerk Reaction

Tariffs: India Inc Cautions Against Knee-jerk Reaction

Rediff.com   19 Aug 2025

Industry leaders urge India to pursue diplomatic talks with the US, strengthen manufacturing, and consider China ties to gain leverage against tariff pressures.

Sectors that are leading 2025 IPO charge

Sectors that are leading 2025 IPO charge

Rediff.com   13 Aug 2025

India's initial public offering (IPO) market is rewriting the rules of sectoral dominance, with a diverse slate of companies entering the stock market arena.

Succession Vacuum Fuels Family Feuds In India Inc

Succession Vacuum Fuels Family Feuds In India Inc

Rediff.com   9 Aug 2025

Unresolved succession plans and informal ownership structures are fuelling bitter family fights across India's corporate boardrooms.

'Retail losses in derivatives is a concern'

'Retail losses in derivatives is a concern'

Rediff.com   5 Aug 2025

'Sebi's measures are necessary to align the derivatives market with its underlying cash market, as the current disconnect is unsustainable.'

'75+ IPOs Have Received SEBI Approval'

'75+ IPOs Have Received SEBI Approval'

Rediff.com   28 Jul 2025

'Listing of scaled Indian subsidiaries of multinational corporations as well as of Indian conglomerates continues to remain a key theme for IPOs in India.'

A Showdown That Could Reshape India's Derivatives Market

A Showdown That Could Reshape India's Derivatives Market

Rediff.com   20 Jul 2025

The Jane Street-Sebi saga is more than a legal dispute -- it's a litmus test for India's ambitions as a global financial hub.

'Sensex Is Barometer Of Economy And Capital Markets'

'Sensex Is Barometer Of Economy And Capital Markets'

Rediff.com   18 Jul 2025

'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'

Jane Street puts lens on high-frequency trading, quant firms

Jane Street puts lens on high-frequency trading, quant firms

Rediff.com   15 Jul 2025

Sebi aims to stay proactive as HFT and quant firms like Citadel Securities, Optiver, Millennium, and IMC Trading are expanding rapidly in India, which is home to the world's largest derivatives market by contracts traded.

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Rediff.com   11 Jul 2025

India's mergers & acquisitions (M&As) market recorded deals worth $45.44 billion in the first half of 2025, up nearly 3.3 per cent from a year ago, even as ultra large-ticket transactions remained subdued. During the first half, the 7.1 per cent rise in deal count to 1,614 signals continuing appetite among domestic conglomerates and private equity (PE) funds for mid-sized and smaller assets.

'India's paint market is highly local and competitive'

'India's paint market is highly local and competitive'

Rediff.com   11 Jul 2025

'We realised that partnering with a strong local player like the JSW Group would create far greater value than going it alone.'

Temasek lifts India exposure to 8% as China share declines for third year

Temasek lifts India exposure to 8% as China share declines for third year

Rediff.com   10 Jul 2025

Singapore's state investor Temasek Holdings, which recently picked up 10 per cent stake in Haldiram, has been consistently expanding its footprint in India while slowly withdrawing from China over the last three years amid growing geopolitical risks and economic headwinds. India has become Temasek's third-largest market, after Singapore (27 per cent) and China (18 per cent), with its exposure to the country higher than the rest of Asia Pacific excluding the three (11 per cent), according to Temasek's annual review.

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Rediff.com   9 Jul 2025

Promoters of India's top private listed companies have cut their stakes sharply since 2021, taking advantage of elevated valuations and reshaping ownership dynamics in the market. Holdings of promoters in the top 200 privately owned listed firms declined nearly 600 basis points (bps) to 37 per cent at the end of FY25, from 43 per cent in FY21.

CCI orders probe into Asian Paints over alleged abuse of dominance

CCI orders probe into Asian Paints over alleged abuse of dominance

Rediff.com   2 Jul 2025

India's fair trade regulator Competition Commission of India (CCI) has launched a formal investigation against India's biggest paints firm, Asian Paints, for alleged abuse of its dominant position in the organised decorative paints market, following a complaint by Aditya Birla group's Grasim Industries' Birla Opus Paints division.

Adani, 4 others submit Rs 10k-11k cr bids for Jaiprakash Associates

Adani, 4 others submit Rs 10k-11k cr bids for Jaiprakash Associates

Rediff.com   26 Jun 2025

Five companies have submitted resolution plans for Jaiprakash Associates Ltd (JAL), the flagship company of the beleaguered Jaypee group, the company has said in a stock exchange filing. The Adani group, Vedanta, Jindal Steel & Power, Dalmia Bharat, and PSP Projects are the final bidders and the offers range from Rs 10,000 crore to Rs 11,000 crore, said a source close to the development.

How Adani Plans To Fund $20 Billion Expansion

How Adani Plans To Fund $20 Billion Expansion

Rediff.com   19 Jun 2025

'About $8.5 billion in free cash, about $3 billion as annual debt refinancing, and $3 billion-4 billion in fresh borrowing. An additional $1.6 billion-1.8 billion will come from development profits in 2025-26.'

'Nothing As Heartbreaking As This'

'Nothing As Heartbreaking As This'

Rediff.com   17 Jun 2025

'We consider everyone who lost someone in this tragedy as part of our family -- now and forever.'

AI 171 Crash: 'Mood Is Grim' At Tata HQ

AI 171 Crash: 'Mood Is Grim' At Tata HQ

Rediff.com   13 Jun 2025

The crash has dealt a blow to the conglomerate's efforts to turn around Air India, especially following its merger with Vistara in 2024.

India Inc to double capex to $850 bn in 5 yrs: S&P report

India Inc to double capex to $850 bn in 5 yrs: S&P report

Rediff.com   11 Jun 2025

Corporate India is embarking on an ambitious investment drive, with capital expenditure (capex) expected to double to $850 billion over the next five years, according to a report by S&P Global Ratings. Indian power & transmission, airlines, and green hydrogen sectors would spearhead the spending, the report said.