Jaden Mathew Paul, Sundar Sethuraman

Stories by Jaden Mathew Paul, Sundar Sethuraman

L&T gears up for nuclear foray, to focus on small reactors

L&T gears up for nuclear foray, to focus on small reactors

Rediff.com   9 Jun 2025

With the regulatory approval from the US Department of Energy in its kitty, Indian multinational conglomerate L&T is planning to focus on manufacturing small modular reactors (SMRs) to play a leading role in the commercialisation of nuclear energy in India.

Adani commits $15-20 bn annual capex for 5 years

Adani commits $15-20 bn annual capex for 5 years

Rediff.com   31 May 2025

Adani Group chairman Gautam Adani has reaffirmed Adani Enterprises' ambitions for aggressive expansion, committing to invest up to $20 billion annually over the next five years. "Our capital investment across businesses is set to break all records.

For Now DIIs In Driver's Seat...

For Now DIIs In Driver's Seat...

Rediff.com   16 May 2025

The interplay between domestic and foreign capital will shape India's equity markets.

Where Have All The Share Buybacks Gone?

Where Have All The Share Buybacks Gone?

Rediff.com   15 May 2025

Without changes to the taxation rules, buybacks are expected to remain scarce.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com   10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

Adani Enterprises Q4 net rises over 7-fold to Rs 3,845 cr

Adani Enterprises Q4 net rises over 7-fold to Rs 3,845 cr

Rediff.com   2 May 2025

Adani Enterprises Ltd (AEL) reported an over sevenfold year-on-year (Y-o-Y) rise in its consolidated net profit, attributable to the owners of the company, for the January-March quarter of 2024-25 (Q4FY25) due to an exceptional item gain. The conglomerate's net profit was recorded at Rs 3,844.91 crore, up from Rs 450.58 crore a year ago.

Indian markets spring back to life with best weekly gains since 2021

Indian markets spring back to life with best weekly gains since 2021

Rediff.com   18 Apr 2025

Indian equity benchmarks rose nearly 2 per cent on Thursday, capping a truncated trading week with their strongest weekly performance in over four years. The rally was sparked by renewed risk-on sentiment following progress in trade negotiations and expanded tariff exemptions.

Dubai offers India Inc a low-tariff launchpad into EMs

Dubai offers India Inc a low-tariff launchpad into EMs

Rediff.com   17 Apr 2025

Dubai is positioning itself as a springboard for Indian companies looking to tap into fast-growing emerging markets, including Africa, banking on low tariffs, long-standing trade relations, and a shared vision for regional economic growth, said Mohammad Ali Rashid Lootah, president and chief executive officer, Dubai Chambers, at the Dubai-India Business Forum in Mumbai.

IPO Pipeline Runs Dry In March, 1st In 2 Yrs

IPO Pipeline Runs Dry In March, 1st In 2 Yrs

Rediff.com   3 Apr 2025

Industry players said the sharp sell-off in February forced many companies to put off their listing plans

Despite market volatility, corporate fundraising at record high in FY25

Despite market volatility, corporate fundraising at record high in FY25

Rediff.com   28 Mar 2025

Fundraising by Indian companies through equity and debt reached an all-time high in the financial year 2024-25 (FY25), according to data collated by primedatabase.com. Fundraising through debt stood at Rs 11.1 trillion in FY25, including contributions from InvITs (infrastructure investment trusts) and REITs (real estate investment trusts).

Roshni Nadar: World's 5th Richest Woman

Roshni Nadar: World's 5th Richest Woman

Rediff.com   28 Mar 2025

India now has 284 billionaires, 13 more than last year, maintaining its position as the third-largest dollar-billionaire hub globally, after the US and China.

D-Street puts up best weekly showing in years

D-Street puts up best weekly showing in years

Rediff.com   22 Mar 2025

The equity benchmark indices posted their strongest weekly gains in years, driven by bargain hunting and optimism over a reversal in foreign portfolio investor (FPI) outflows. The Sensex rose 558 points, or 0.7 per cent, on Friday to close at 76,906, while the Nifty 50 gained 160 points to end at 23,350. Over the past five sessions, both indices advanced around 4.3 per cent - marking the Sensex's best weekly performance since July 22, 2022, and the Nifty 50's strongest rally since February 5, 2021.

Private equity's next leap hinges on local fund needs and buyouts

Private equity's next leap hinges on local fund needs and buyouts

Rediff.com   21 Mar 2025

India's private equity industry is evolving, with local funds securing substantial capital and achieving consistent returns. During a panel discussion at TiEcon Mumbai 2025, industry leaders emphasised growing opportunities in scaling buyouts and expanding domestic investor participation.

The Magnificent 7: FPIs' Wild Ride In Selloff

The Magnificent 7: FPIs' Wild Ride In Selloff

Rediff.com   20 Mar 2025

Since October, FPIs have offloaded Indian equities worth Rs 2.1 trillion.

'We Have Doubled Our Exposures To India'

'We Have Doubled Our Exposures To India'

Rediff.com   19 Mar 2025

'Expect India to keep doing well irrespective of geopolitics.'

'We Expect 1 Million Start Ups By 2035'

'We Expect 1 Million Start Ups By 2035'

Rediff.com   13 Mar 2025

'Binary fission will happen -- startups will lead to more startups.'

'Scale Of Wealth Destruction Is Sudden And Sweeping'

'Scale Of Wealth Destruction Is Sudden And Sweeping'

Rediff.com   12 Mar 2025

618 companies were part of the billion dollar club when the markets reached all-time highs on September 26, 2024. That number has fallen to 500 following a $1 trillion wipeout in India's market capitalisation amid relentless selling by FPIs.

'Capital is flowing back to the US'

'Capital is flowing back to the US'

Rediff.com   27 Feb 2025

'Even if India is attractive, FPIs currently lack the funds to invest, as money is being redirected to the US.'

Rs 50K cr shares to unlock soon; sellers may sweat

Rs 50K cr shares to unlock soon; sellers may sweat

Rediff.com   25 Feb 2025

Shares worth over Rs 50,000 crore (or approximately $6 billion) are set to become freely tradable between now and April 10. Historically, such substantial volumes have been absorbed by a buoyant block-deal market.

Nifty May End In Red For Record 5th Month

Nifty May End In Red For Record 5th Month

Rediff.com   25 Feb 2025

The last time this happened was in 1996.