Jaden Mathew Paul, Sundar Sethuraman

Stories by Jaden Mathew Paul, Sundar Sethuraman

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.

Market riptide pulls ADR below 1, charting course of unease

Market riptide pulls ADR below 1, charting course of unease

Rediff.com   31 Oct 2024

The advance/decline ratio (ADR) - a gauge of market breadth - has remained negative (below 1) for a second consecutive month. In other words, the number of stocks declining is outpacing those rising, as a brutal selloff by overseas investors and lofty valuations weigh on sentiment. According to BSE data, the ADR for October stands at 0.98 for the second month in a row.

Friday's Sensex Crash: Anything To Worry?

Friday's Sensex Crash: Anything To Worry?

Rediff.com   26 Oct 2024

'The economy is clearly at a very soft spot, and earnings growth is disappointing every day.' 'After three great years, the Indian economy has hit a rough patch.'

FPI selling tops $10 bn in Oct amid China shift

FPI selling tops $10 bn in Oct amid China shift

Rediff.com   22 Oct 2024

Foreign portfolio investors (FPIs) have net sold domestic shares worth over $10 billion so far this month amid a shift to China, which not only offers attractive valuations compared to India but has also announced several measures to support the economy and the stock market in recent weeks. If the trend doesn't reverse, this will be the first time that overseas funds will yank out more than $10 billion from Indian equity markets in a month.

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.

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.

Market Rout Shaves Rs 16 Trn From India's MCap

Market Rout Shaves Rs 16 Trn From India's MCap

Rediff.com   5 Oct 2024

On a five-day rolling basis, FPI selling is the highest in 24 years.

IPO Market Set For Record-Breaking Diwali

IPO Market Set For Record-Breaking Diwali

Rediff.com   3 Oct 2024

IPOs worth Rs 50,000 crore including Hyundai, NTPC Green Energy and Swiggy are set to hit the market in late October or early November.

'IPOs Are In A Sweet Spot'

'IPOs Are In A Sweet Spot'

Rediff.com   24 Sep 2024

'IPOs have performed exceptionally well, with a notable increase in average ticket size from Rs 800 crore in the last financial year to around Rs 1,300 crore in this financial year.'

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.'

'On Track For Best-Ever IPO Year In India'

'On Track For Best-Ever IPO Year In India'

Rediff.com   10 Sep 2024

During the first eight months of CY24, 50 IPOs mobilised Rs 53,453 crore.

Street Signs: F&O seismic shift, IPO fervour going strong, and more

Street Signs: F&O seismic shift, IPO fervour going strong, and more

Rediff.com   9 Sep 2024

With new eligibility criteria for futures and options (F&O) coming into effect, Jio Financial Services and Zomato are strong contenders for inclusion in the derivatives segment, according to an analysis by Nuvama Alternative & Quantitative Research. The report suggests that these new F&O inclusions could also propel these two companies into the benchmark National Stock Exchange Nifty 50 during the March rebalancing.

IPOs Soar on Bullish Market

IPOs Soar on Bullish Market

Rediff.com   8 Sep 2024

The IPO filing-to-approval lapsing ratio this year is the best in three years, underscoring the improvement in the IPO market's buoyancy.

Why There Is A Surge In Demat Accounts

Why There Is A Surge In Demat Accounts

Rediff.com   6 Sep 2024

The total number of demat accounts in the country stood at 171.1 million as of August 31.

Zero-brokerage model on last legs with new fee rules

Zero-brokerage model on last legs with new fee rules

Rediff.com   3 Sep 2024

Leading brokers are expected to increase brokerage rates in the coming weeks, as they navigate a series of regulatory changes that are expected to squeeze profitability. According to industry sources, top brokers may soon begin charging for equity trades and raise the flat fees for intra-day and derivatives trading by 10-30 per cent. Several smaller players have already hiked their brokerage charges, signalling a potential end to the zero-brokerage era that has drawn millions of new investors into the stock market and fuelled active trading.

'If You Want To Invest Directly, Ensure...'

'If You Want To Invest Directly, Ensure...'

Rediff.com   27 Aug 2024

'...you evaluate three key factors before committing your money.'

Explained: The Boom In 2024 Right Issues

Explained: The Boom In 2024 Right Issues

Rediff.com   24 Aug 2024

With Rs 17,087 crore raised so far this calendar year, the total is already 2.4 times that of the full year of 2023, which stood at Rs 7,266 crore.

FPIs pulled out $1.8 bn from financial stocks in first half of August

FPIs pulled out $1.8 bn from financial stocks in first half of August

Rediff.com   22 Aug 2024

Foreign portfolio investors (FPIs) withdrew Rs 14,790 crore ($1.8 billion) from financial stocks in the first half of August, driven by global risk aversion sparked by US recession fears. Additional factors contributing to the decline in banking stocks included subdued earnings growth in the June quarter, concerns about slowing deposit growth, and stricter liquidity norms imposed by the Reserve Bank of India.

Pre-IPO allotments lose favour amid market buoyancy and larger float sizes

Pre-IPO allotments lose favour amid market buoyancy and larger float sizes

Rediff.com   21 Aug 2024

Pre-initial public offering (IPO) allotments have lost favour amid buoyancy in the market and increase in average float size this year. After hitting a record high in 2023, they have come to a halt, with just three companies opting for such placements totalling Rs 235 crore. This compares to eight deals worth Rs 648 crore during the same period of the previous year.