Krishna Kant &Amp;Amp; Dev Chatterjee

Stories by Krishna Kant &Amp;Amp; Dev Chatterjee

From Tatas to RIL, India Inc goes into hiring mode as demand picks up

From Tatas to RIL, India Inc goes into hiring mode as demand picks up

Rediff.com   22 Jan 2021

Most of the hirings are, however, in the entry or junior level.

Kumar Mangalam Birla has a piece of advice for India Inc on future crisis

Kumar Mangalam Birla has a piece of advice for India Inc on future crisis

Rediff.com   21 Jan 2021

While asking firms not to worry about sharp volatility in prices, Birla said companies must make sure they do not get caught in 'comorbidities'.

Budget should reduce income tax rates, invest in infrastructure: CEOs to FM

Budget should reduce income tax rates, invest in infrastructure: CEOs to FM

Rediff.com   18 Jan 2021

Besides low interest rates, a reduction in active Covid cases and strong high-frequency macro data have lifted the sentiment of both corporate India and the stock markets.

Voda, Airtel take on Rel Jio in exchanges, signal the fight is on

Voda, Airtel take on Rel Jio in exchanges, signal the fight is on

Rediff.com   18 Jan 2021

Over the three-month period, Airtel's stock price has rallied from Rs 432 to Rs 540, while Vodafone Idea has risen from Rs 9.2 to Rs 11.8 per share.

Nifty achieves another milestone as valuation hits all-time high of 40x

Nifty achieves another milestone as valuation hits all-time high of 40x

Rediff.com   13 Jan 2021

This is first time in 25 years that a benchmark equity index in India is trading at a P/E multiple of 40x or higher.

Tatas beat govt as largest promoter of listed companies in India

Tatas beat govt as largest promoter of listed companies in India

Rediff.com   8 Jan 2021

Tata Sons stake in the group's listed companies is now worth Rs 9.28 trillion, up 34.4 per cent on a year-on-year (YoY) basis. In comparison, the Government of India's stake in listed central public sector undertakings (PSUs) is currently valued at Rs 9.24 trillion

As Covid cases start declining, more people are returning to workplaces

As Covid cases start declining, more people are returning to workplaces

Rediff.com   8 Jan 2021

More people seemed to be returning to their workplaces towards the end of the year, even as railway and electricity numbers disappointed. Most other indicators held on to their gains.

Share of family-owned firms in total market capitalisation rises to 64.5%

Share of family-owned firms in total market capitalisation rises to 64.5%

Rediff.com   4 Jan 2021

The growth was led by family-owned companies and business groups with presence in pharmaceuticals, information technology services, and consumer products.

Rupee may end 2020 as worst performing currency in Asia

Rupee may end 2020 as worst performing currency in Asia

Rediff.com   1 Jan 2021

Rs 1,000 now buys $13.5 against $14 a year ago.

Air India bid: US fund ready with war chest of 'billions'

Air India bid: US fund ready with war chest of 'billions'

Rediff.com   24 Dec 2020

For the AI bid, Interups has joined hands with a few employees of the airline, and plans to raise funds by splitting some of its infrastructure-related assets into an aviation InvIT, which will have underlying assets such as air routes, ground handling, repairs, and training etc.

FMCG stocks come back on bulls' radar after nearly 4 months on sidelines

FMCG stocks come back on bulls' radar after nearly 4 months on sidelines

Rediff.com   21 Dec 2020

Some analysts see more upside in FMCG stocks given the performance gap between the sector and the market.

After festive season boost, key economic indicators show declining signs

After festive season boost, key economic indicators show declining signs

Rediff.com   9 Dec 2020

Business Standard tracks pollution levels, goods ferried by the Indian Railways and consumer visits to various categories of places, in addition to power generation and traffic numbers to understand the fast-changing situation on the ground.

Sale of Reliance Capital's assets gets resounding response

Sale of Reliance Capital's assets gets resounding response

Rediff.com   3 Dec 2020

Blackstone, KKR, and Bain Capital, among others, are in the race for its general insurance arm, and Bandhan Bank, Bain, and Dabur Investments have shown interest for RCap's 51 per cent stake in the life insurance business.

Crude price rally to benefit Indian equities in the near term

Crude price rally to benefit Indian equities in the near term

Rediff.com   3 Dec 2020

There is positive correlation between crude oil prices and Indian equities and investors can expect more upside after the recent rally in Brent crude price.

Tata, Birla, Bajaj, and Piramal Group may lead race for bank licence

Tata, Birla, Bajaj, and Piramal Group may lead race for bank licence

Rediff.com   1 Dec 2020

NBFCs with a proven track record, supported by the brand values of reputed corporate, can play a key role in bringing the benefits of banking and economy to the underserved and newer segments of India.

Despite Covid-19, India Inc combined profit at Rs 1.5 trn

Despite Covid-19, India Inc combined profit at Rs 1.5 trn

Rediff.com   17 Nov 2020

Not surprisingly, equity investors are bidding-up stock prices across sectors and the broader market is now more valuable than pre-Covid levels.

Peeved Piramal says will quit race for DHFL over Adani's 11th-hour bid

Peeved Piramal says will quit race for DHFL over Adani's 11th-hour bid

Rediff.com   17 Nov 2020

Adani, which had earlier bid only for the wholesale book, now want all of DHFL's assets and has pipped both Oaktree and Piramal by bidding higher than each of them.

Covid-19: Zero cash flows force India Inc to sell assets

Covid-19: Zero cash flows force India Inc to sell assets

Rediff.com   22 Oct 2020

Not just mid- and small-sized firms, even big ones will either sell group companies or stakes in their listed entities to tide over crisis; more sell-offs seen in coming months.

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Rediff.com   8 Oct 2020

PNB has rich experience in the integration of commercial banks.

SBI Caps, JM Financial to sell Reliance Capital assets

SBI Caps, JM Financial to sell Reliance Capital assets

Rediff.com   2 Oct 2020

The key assets put on the block include its entire stake in Reliance General Insurance Company, the third-largest private sector insurer, and a 49 per cent stake in Reliance Nippon Life Insurance, a joint venture with Nippon Life, which is among the top five private-sector insurance companies.