Dhruv Munjal, T E Narasimhan And Gireesh Babu

Stories by Dhruv Munjal, T E Narasimhan And Gireesh Babu

Interested in stocks? Watch Scam 1992!

Interested in stocks? Watch Scam 1992!

Rediff.com   22 Oct 2020

The insatiable greed for money and power is too large, too repugnant to thwart. And no one epitomised that better than Harshad Mehta, notes Dhruv Munjal.

Bad Boy Billionaires Review

Bad Boy Billionaires Review

Rediff.com   17 Oct 2020

The Bad Boy Billionaires series has a lot in common: The three billionaires' hefty ambition, dangerous arrogance and untrammeled power, observes Dhruv Munjal.

Tractor sales cross the 100,000 mark in September; only third time in 3 yrs

Tractor sales cross the 100,000 mark in September; only third time in 3 yrs

Rediff.com   14 Oct 2020

This rise was spurred by record kharif sowing - after a good rabi season - that ensured high disposable incomes in rural India.

For Harley-Davidson, Indian roads were always bumpy

For Harley-Davidson, Indian roads were always bumpy

Rediff.com   13 Oct 2020

From being exorbitantly priced to facing stiff competition, Harley was always going to find it tough to crack a market like India, says Dhruv Munjal.

Valli Arunachalam issues legal notice to Murugappa family members

Valli Arunachalam issues legal notice to Murugappa family members

Rediff.com   10 Oct 2020

The development comes after the shareholders of Ambadi Investments, the holding company of the Rs 38,100-crore Murugappa Group, voted against the induction of 59-year-old Valli Arunachalam, the eldest daughter of former executive chairman M V Murugappan, into its board.

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

Rediff.com   8 Oct 2020

It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.

PE/VC investments in pharma cos cross $1 bn mark

PE/VC investments in pharma cos cross $1 bn mark

Rediff.com   6 Oct 2020

Fund managers said investors remained positive on the pharma manufacturing activity in India, which further strengthened during the Covid-19 period, on account of restrictions imposed on pharma imports from China.

After LVB, Dhanlaxmi Bank shareholders oust CEO Sunil Gurbaxani

After LVB, Dhanlaxmi Bank shareholders oust CEO Sunil Gurbaxani

Rediff.com   2 Oct 2020

While Dhanlaxmi Bank faces governance issues similar to those in Lakshmi Vilas Bank, the financial profile of the Kerala-based bank is better.

US continues to be biggest source of VC investment in India

US continues to be biggest source of VC investment in India

Rediff.com   25 Sep 2020

Nearly half of the investments by various US-based investors have been made in Reliance subsidiary Jio.

VC investments from China down by 66% in 2020

VC investments from China down by 66% in 2020

Rediff.com   18 Sep 2020

The drop was the result of the change in FDI rules, which was amplified by the border standoff between India and China.

Ready-made garment exports are on a road to revival

Ready-made garment exports are on a road to revival

Rediff.com   17 Sep 2020

Recovery was largely driven by the European Union markets.

Investors are betting big on India's education sector

Investors are betting big on India's education sector

Rediff.com   15 Sep 2020

The pandemic has confined students across all ages to home and digital education is the only way to continue learning.

While Hero MotoCorp, TVS gain mkt share, Honda, Bajaj slip

While Hero MotoCorp, TVS gain mkt share, Honda, Bajaj slip

Rediff.com   11 Sep 2020

As macroeconomic numbers continue to disappoint, reaching pre-Covid level is unlikely in FY21.

This Navratna company to invest Rs 43,000 crore in power, mining projects

This Navratna company to invest Rs 43,000 crore in power, mining projects

Rediff.com   9 Sep 2020

The company signed a JV agreement with Coal India to set up 5000 Mw of solar and thermal projects. These projects are expected to commence between 2023 and 2027.

Cricket's lost chance

Cricket's lost chance

Rediff.com   6 Sep 2020

Given the relative paucity of cricket this year, Test cricket has emerged as a healer for deprived fans, notes Dhruv Munjal.

Tractor sales remain strong in August

Tractor sales remain strong in August

Rediff.com   2 Sep 2020

Increase in kharif sowing area, good monsoon, rural cash flows and base effect among factors that have driven volumes.

Bhutanese beer crosses the Himalayas into India

Bhutanese beer crosses the Himalayas into India

Rediff.com   30 Aug 2020

Bhutanese brewery Serbhum is behind Kati Patang, a beer sold by Delhi-based Empyrean Spirits. Launched in Zesty Amber and Snappy Wheat variants in 2018, Kati Patang prides itself on being "brewed with the happiest water on earth".

After 5 years, Nissan, TN govt tax dispute finally ends

After 5 years, Nissan, TN govt tax dispute finally ends

Rediff.com   27 Aug 2020

The dispute arose after Nissan alleged that Tamil Nadu hadn't paid certain incentives under a 2008 agreement to set up a car plant at Oragadam, near Chennai.

Brand Dhoni remains unbeatable despite slow fadeout

Brand Dhoni remains unbeatable despite slow fadeout

Rediff.com   25 Aug 2020

Dhoni presently endorses a healthy 25 brands, and found himself in fifth place on the Forbes India Celebrity 100 list last year, with earnings worth almost Rs 136 crore. How much of that is set to change, given that Dhoni has chosen to call time on his international career?

Is EV rollout sans batteries possible?

Is EV rollout sans batteries possible?

Rediff.com   24 Aug 2020

An EV has to be purchased along with the battery as there are hardly any battery swapping, rental, or leasing business models available across India.