Jaden Mathew Paul, Dev Chatterjee, Business Standard

Stories by Jaden Mathew Paul, Dev Chatterjee, Business Standard

Why Gautam Adani is on a buying spree

Why Gautam Adani is on a buying spree

Rediff.com   21 Nov 2024

The billionaire Adani family, which is building an in-house construction and engineering ecosystem by acquiring ITD Cementation and PSP Projects, is actively seeking additional acquisition opportunities, according to bankers. As part of its $100 billion investment plan by 2030, the Ahmedabad-based group has undertaken several large-scale construction projects, including the Dharavi redevelopment, Ganga Expressway, a mega convention centre in Mumbai and airports.

Noel Tata To Debut At Tata Sons Board Meeting Today

Noel Tata To Debut At Tata Sons Board Meeting Today

Rediff.com   21 Nov 2024

Indications are that the Tata Sons stand on listing of the company may come up for a discussion even if it's not part of the agenda

India Inc sends mixed signals on H2FY25 capex path

India Inc sends mixed signals on H2FY25 capex path

Rediff.com   16 Nov 2024

After subdued earnings in the first half amid global headwinds, India Inc is taking a cautious approach on their capital expenditure (capex) for the second half of the financial year ending March 2025, according to management commentary. Minutes from the October monetary policy meeting show the Reserve Bank of India's (RBI's) optimism about private investments picking up.

How To Combat Digital Crime Epidemic

How To Combat Digital Crime Epidemic

Rediff.com   16 Nov 2024

The fundamental responsibility for preventing such crimes and for bringing the criminals to justice rests with the State, and it cannot abdicate that function.

Are The Markets Headed For A Bubble?

Are The Markets Headed For A Bubble?

Rediff.com   11 Nov 2024

'The problem is that the bubble may not only be in valuations, but also in investors' minds.'

Employee Grievances Rise In Top Firms

Employee Grievances Rise In Top Firms

Rediff.com   4 Nov 2024

Data collated for 47 BSE50 companies (as of H1FY25) shows employees and workers filed 8,468 such complaints in FY24.

RBI turned down request to appoint ex-CBI official on board: Religare

RBI turned down request to appoint ex-CBI official on board: Religare

Rediff.com   25 Oct 2024

Religare Enterprises, a financial services firm, has disclosed that the Reserve Bank of India (RBI) turned down its application to appoint Rakesh Asthana as its whole-time director in May this year without citing any reasons. Asthana is a former top official of the Central Bureau of Investigation (CBI). In a notice to the stock exchanges, Religare said that while the company and Asthana were weighing the options of dealing with the letter of refusal by the RBI, it was also busy in preparing for the "herculean task" of making ready multiple applications to regulators.

6 Month Tenure For Next Chief Justice

6 Month Tenure For Next Chief Justice

Rediff.com   18 Oct 2024

Justice Sanjiv Khanna 'belongs to that school of legal luminaries who give the highest primacy to facts.'

BSE 100 companies boost R&D, innovation challenges persist

BSE 100 companies boost R&D, innovation challenges persist

Rediff.com   13 Oct 2024

Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.

'Noel Tata Should Be Inducted Into Tata Sons Soon'

'Noel Tata Should Be Inducted Into Tata Sons Soon'

Rediff.com   12 Oct 2024

'The quality of a leader should be such that even if the leader is not there, the institution carries on.'

Who's Who In Tata Trusts

Who's Who In Tata Trusts

Rediff.com   11 Oct 2024

The Tata Trusts, led by the Sir Ratan Tata Trust and the Sir Dorabji Tata Trust, hold a 66 per cent stake in Tata Sons, the Tata group's holding company.

M&As back in action, up 14% in 1st 9 months

M&As back in action, up 14% in 1st 9 months

Rediff.com   9 Oct 2024

After a year of decline, mergers and acquisitions (M&As) in India increased 13.8 per cent, reaching $69.2 billion in the first nine months of 2024, as against $60.8 billion during the same period in 2023. Led by Indian companies and private-equity (PE) firms, 2,301 transactions were signed between January and September this year as compared to 1,855 transactions reported in the same period last year, according to the Bloomberg data.

On buyback, Upstox delivers 10x returns to Ratan Tata

On buyback, Upstox delivers 10x returns to Ratan Tata

Rediff.com   5 Oct 2024

Upstox, an investment platform, has generated a 10-fold return to Tata group's former chairman Ratan Tata on a buyback of 5 per cent of his stake in the company, according to a company press release. The returns were on the partial sale of Tata's 1.3 per cent stake in the company.

Rise In Whistleblower Complaints In FY24

Rise In Whistleblower Complaints In FY24

Rediff.com   17 Sep 2024

'The global median of whistle-blower complaints is 1.5 per cent of the total employees. India's reporting is far away from this average.'

What Tata Boss Chandra Earns

What Tata Boss Chandra Earns

Rediff.com   7 Sep 2024

Rs 135.3 crore. How much of it was salary, and how much commission?

Airfares Rise By 53% As Competition Fades

Airfares Rise By 53% As Competition Fades

Rediff.com   5 Sep 2024

Indigo has zero competition on 61.2 per cent of its 838 domestic routes.

Adani group's Ebitda may go past Rs 1 trn in FY25 on infra, power biz

Adani group's Ebitda may go past Rs 1 trn in FY25 on infra, power biz

Rediff.com   27 Aug 2024

Adani group is on track to surpass a combined Ebitda (earnings before interest, taxes, depreciation, and amortisation) of Rs 1 trillion in the ongoing financial year (FY25) as it prepares for a $2 billion (over Rs 16,700 crore) share sale by its flagship entity Adani Enterprises next month, according to a source close to the matter.

Anil Ambani reviewing securities market ban, to take appropriate steps

Anil Ambani reviewing securities market ban, to take appropriate steps

Rediff.com   26 Aug 2024

Reliance Group chairman Anil Ambani is reviewing "appropriate" options after the Securities and Exchange Board of India (Sebi) banned him from the stock markets and imposed a Rs 25-crore fine for alleged fund diversion from Reliance Home Finance (RHFL), a former subsidiary of Reliance Capital. In a statement, a spokesperson for Ambani said he had resigned from the boards of Reliance Infrastructure and Reliance Power pursuant to the Sebi interim order dated February 11, 2022.

Dahi Handi: Insurers Cover 90,000+ Govindas

Dahi Handi: Insurers Cover 90,000+ Govindas

Rediff.com   26 Aug 2024

'As on August 25, 94,753 Govindas have been insured.' 'This number is expected to rise further, as proposals for 5,000 to 8,000 Govindas are received daily.'

Airfares Already Soar For Diwali!

Airfares Already Soar For Diwali!

Rediff.com   20 Aug 2024

'Airlines are aware that during peak times like Diwali, demand will be high, so prices remain steep even for tickets purchased 90 days ahead.'