Dev Chatterjee, Samie Modak

Stories by Dev Chatterjee, Samie Modak

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.

At 8.2% GDP growth India Inc sees a crouching tiger ready to leap

At 8.2% GDP growth India Inc sees a crouching tiger ready to leap

Rediff.com   2 Sep 2018

Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.

Aditya Birla, US firm Vrde Partners in $1-billion JV for stressed assets

Aditya Birla, US firm Vrde Partners in $1-billion JV for stressed assets

Rediff.com   30 Aug 2018

Vrde currently manages about $14 billion globally, and has invested nearly $500 million in India in the past five years

Adani group, RIL, Tata lead race to buy bankrupt firms

Adani group, RIL, Tata lead race to buy bankrupt firms

Rediff.com   29 Aug 2018

Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.

Technical glitch at NSDL hits e-voting at many firms

Technical glitch at NSDL hits e-voting at many firms

Rediff.com   13 Aug 2018

Cochin Shipyard, BASF India, Ingersoll Rand, Eicher Motors, Federal Bank, and Timken India are some of the firms where voting could have got affected, sources said.

Should Sebi be given such 'draconian' powers?

Should Sebi be given such 'draconian' powers?

Rediff.com   10 Aug 2018

Interception of electronic communication should also be covered in the powers being sought, the report said.

Kumar Birla on how buying Aleris helps Hindalco

Kumar Birla on how buying Aleris helps Hindalco

Rediff.com   27 Jul 2018

'Aleris will bring in $3 billion of revenue. Novelis has $12 billion of revenues. If we add Hindalco's $6-billion revenue, then on a consolidated basis, we will become the world's largest aluminium company outside China.'

Investors miffed by recent spate of buyback withdrawals

Investors miffed by recent spate of buyback withdrawals

Rediff.com   17 Jul 2018

In recent months, three companies - PC Jeweller, Vakrangee and Kwality - decided to withdraw their share buyback proposals

GoAir readies ambitious plans to boost growth

GoAir readies ambitious plans to boost growth

Rediff.com   16 Jul 2018

The Wadia group-owned airline is building a new management team and putting in place strategies for efficient operations. Leading the change is Cornelis Vrieswijk, the airline's new chief executive officer.

Sensex, rupee jump most in a month

Sensex, rupee jump most in a month

Rediff.com   30 Jun 2018

'After multiple days of losses, any relief rally is welcome. However, the trend hasn't changed.'

Rupee depreciates 0.55% to near its lowest ever on China-US trade war

Rupee depreciates 0.55% to near its lowest ever on China-US trade war

Rediff.com   28 Jun 2018

While far from being a currency war, India does not have much of an option but to depreciate to accommodate its exports at a time when China shows its intent to let its currency depreciate.

Chandra's Midas touch helps Tata group profit to rise 35%

Chandra's Midas touch helps Tata group profit to rise 35%

Rediff.com   22 Jun 2018

On the other hand, the group's two traditional cash cows, TCS and Tata Motors' subsidiary Jaguar Land Rover, are slowing as other businesses pick up pace

FPIs sold Indian stocks, bonds worth $ 7 bn since April

FPIs sold Indian stocks, bonds worth $ 7 bn since April

Rediff.com   4 Jun 2018

While selling started in April, it has intensified this month, with FPIs pulling out $1.1 billion and $2.5 billion from equities and debt market, respectively

'Investing in India is like joining the mafia'

'Investing in India is like joining the mafia'

Rediff.com   21 May 2018

With Karnataka election results out of the way and as several key states, including Madhya Pradesh and Rajasthan, prepare for assembly polls later this year ahead of the 2019 general election, Shankar Sharma, vice-chairman and joint managing director, First Global, advises investors to ignore all the noise around the elections.

Flipkart shows retail majors how to play the online game

Flipkart shows retail majors how to play the online game

Rediff.com   13 May 2018

Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?

The UK businessman saving Indian companies from insolvency

The UK businessman saving Indian companies from insolvency

Rediff.com   12 May 2018

Sanjeev Gupta of Liberty House, a global supplier of metals and engineering solutions, who has emerged front-runner for a number of stressed companies, plans to fund a string of companies through a mix of equity and debt.

Tata Sons asks Sivasankaran to pay back Rs 700 crore loan

Tata Sons asks Sivasankaran to pay back Rs 700 crore loan

Rediff.com   9 May 2018

Siva group defaulted on payment in 2016 and is also facing CBI investigation

Why Indian markets may soon be in a bear hug

Why Indian markets may soon be in a bear hug

Rediff.com   2 May 2018

'Macro headwinds are rising for Indian equities in the form of rising commodity prices, especially oil, depreciating rupee, fiscal challenges, election-related uncertainty and upside risks to inflation'

Deepak Kochhar's NuPower in fresh controversy

Deepak Kochhar's NuPower in fresh controversy

Rediff.com   27 Apr 2018

Shareholder advisory companies are raising eyebrows at the ICICI Bank board not being aware of Firstland's investment in NuPower

Why TCS is number eight in free float market capitalisation

Why TCS is number eight in free float market capitalisation

Rediff.com   26 Apr 2018

HDFC Bank, Reliance Industries and Housing Development Finance Corporation (HDFC) -- with free-float market cap of over Rs 3 trillion -- have the highest weight in the Sensex and the Nifty.