Joydeep Ghosh &Amp; Krishna Kant

Stories by Joydeep Ghosh &Amp; Krishna Kant

Harsh reality check for India's realty developers

Harsh reality check for India's realty developers

Rediff.com   15 Jan 2019

Listed realty developers saddled with unsold properties worth Rs 1 trillion

India's 6 most cash-rich promoters; Azim Premji is No 1

India's 6 most cash-rich promoters; Azim Premji is No 1

Rediff.com   11 Jan 2019

India's cash-rich promoters are not the same as the wealthiest. For example, Mukesh Ambani is the richest Indian based on his stake in Reliance Industries, followed by Premji, the Adani family of the Adani group, and Radhakishan Damani of Avenue Supermarts.

Economy in bad shape, but rich year for tycoons

Economy in bad shape, but rich year for tycoons

Rediff.com   27 Dec 2018

Mukesh Ambani remains the country's wealthiest promoter as his stake in Reliance is now worth Rs 3.25 trillion!

How home loan borrowers stand to gain from this RBI move

How home loan borrowers stand to gain from this RBI move

Rediff.com   15 Dec 2018

Linking all new floating rate loans to an external benchmark won't impact existing borrowers, so customers who have taken long-term home loans recently should watch things carefully, say Joydeep Ghosh and Sanjay Kumar Singh.

Average Indian's income sees slower growth

Average Indian's income sees slower growth

Rediff.com   6 Dec 2018

Average salary has grown faster than average business income for three of the last five years. This has implications in a country like India. Most people in India are self-employed, with 51.4% of the population falling in that bracket.

Holy cow! Now even India Inc spends money on them

Holy cow! Now even India Inc spends money on them

Rediff.com   22 Nov 2018

41 listed firms made 73 donations to gaushalas (cow shelters) and other cow-related charities over the last four years. The donations range from a few thousand rupees to a million.

NBFCs need fresh capital to be in race

NBFCs need fresh capital to be in race

Rediff.com   2 Nov 2018

Most NBFCs will have to slow down their loan growth. Some of the most leveraged will have to sell a part of their assets (or loan book) to banks to raise incremental capital. Others may have to knock on the door of their deep-pocketed parents.

Govt's lopsided plan to meet divestment target

Govt's lopsided plan to meet divestment target

Rediff.com   25 Oct 2018

The finance ministry has short listed 11 PSUs for a possible buyback of shares in the ongoing financial year

Dangers lurk, as India Inc chooses deleveraging over growth

Dangers lurk, as India Inc chooses deleveraging over growth

Rediff.com   11 Oct 2018

Total net debt-equity ratio improves for third consecutive year, while investment in new projects hits a 10-year low, says Krishna Kant.

Falling profits, but CEOs rake in moolah

Falling profits, but CEOs rake in moolah

Rediff.com   8 Oct 2018

27 large listed firms give double-digit hikes to top executives despite a decline in net profit.

IL&FS mess: 'The only way out is that someone like LIC bails it out'

IL&FS mess: 'The only way out is that someone like LIC bails it out'

Rediff.com   2 Oct 2018

Keki Mistry, bottom, left, vice-chairman, Housing Development Finance Corporation (HDFC), tells Joydeep Ghosh that debt fund investors could become risk-averse, leading to problems for other non-banking financial companies.

IL&FS crisis: Was correction in NBFC stocks overdue?

IL&FS crisis: Was correction in NBFC stocks overdue?

Rediff.com   1 Oct 2018

Second-tier NBFC stocks are trading at 24.4x their trailing earnings, which is nearly twice their 15-year average of 13.9x

Good time to enter mid- and small-cap space

Good time to enter mid- and small-cap space

Rediff.com   28 Sep 2018

'Allocate 30% to 35% of your equity portfolio to mid-cap funds and 10% to 15% to small-cap funds.'

Lehman@10: Mixed fortune for India Inc's global forays

Lehman@10: Mixed fortune for India Inc's global forays

Rediff.com   27 Sep 2018

Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.

'RBI must intervene to reduce excess volatility in rupee'

'RBI must intervene to reduce excess volatility in rupee'

Rediff.com   25 Sep 2018

'For the RBI, it is also strategic to allow the rupee to over-depreciate, then come and buy the rupee, and benefit from its appreciation. Speculators who have driven the rupee too low then make losses,' says Ashima Goyal.

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.

Has gold lost its Midas touch?

Has gold lost its Midas touch?

Rediff.com   4 Sep 2018

Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.

Law panel wants tax benefits to Hindu Undivided Family abolished

Law panel wants tax benefits to Hindu Undivided Family abolished

Rediff.com   3 Sep 2018

The recommendation, if implemented, is likely to face opposition from the government's key support base among Hindu traders and businesspersons.

Why FMCG stocks are booming

Why FMCG stocks are booming

Rediff.com   31 Jul 2018

HUL, ITC, Nestle, Colgate, Dabur, Britannia, Asian Paints, P&G are trading at nearly 48 times. The previous record high was 53 times at the end of March 1994.

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