Krishna Kant And Ashley Coutinho

Stories by Krishna Kant And Ashley Coutinho

A glimpse of how exactly the economy is faring

A glimpse of how exactly the economy is faring

Rediff.com   4 Aug 2020

Many weekly indicators turn positive as economy prepares for Unlock 3.0.

Are signs of economic green shoots really visible?

Are signs of economic green shoots really visible?

Rediff.com   29 Jul 2020

Mumbai traffic, mobile internet speeds, and grocery and pharmacy visits are all showing lower numbers for the latest week.

Why equity seems to be losing its charm

Why equity seems to be losing its charm

Rediff.com   21 Jul 2020

In three of the past four years, 10-year returns have been 10 per cent or lower, making equity unattractive, compared to other asset classes.

IT biggies are favourite defensive bets in Nifty50

IT biggies are favourite defensive bets in Nifty50

Rediff.com   20 Jul 2020

The combined weight of IT companies in the benchmark Nifty 50 index is now at a five-year high of 15 per cent as these companies continue to outperform the broader market.

FPI numbers plunge in Q1 as Covid-19 hits market sentiment

FPI numbers plunge in Q1 as Covid-19 hits market sentiment

Rediff.com   18 Jul 2020

According to experts, work from home, volatility in stock markets worldwide, and redemption pressures compelled investors to defer new investment plans.

Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%

Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%

Rediff.com   18 Jul 2020

Equity investors should thank cash-rich biggies such as TCS, ITC, HUL, Nestl, and Bajaj Auto for this.

Covid-19 impact: Six of the top 10 family-owned businesses in the red

Covid-19 impact: Six of the top 10 family-owned businesses in the red

Rediff.com   13 Jul 2020

Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.

Only 7 days of lockdown, but Q4 a red quarter for most of India Inc

Only 7 days of lockdown, but Q4 a red quarter for most of India Inc

Rediff.com   6 Jul 2020

Though India was under lockdown for only seven days of the quarter, global demand and commodity prices began falling from February as COVID-19 was spreading in other countries. 1,002 listed companies - excluding banks, non-bank lenders, insurers, brokerages, and IT firms - reported a combined pre-tax loss of around Rs 2,700 crore during Q4.

Guess who's benefited from India-China conflict? Hong Kong

Guess who's benefited from India-China conflict? Hong Kong

Rediff.com   2 Jul 2020

In the last five years, imports from HK have more than tripled -- from $5.6 billion in FY15 to $17.1 billion in FY20. In the same period, exports declined by 20 per cent -- from $13.6 billion in FY15 to $10.8 billion (annualised) in FY20.

Mutual fund investors to pay stamp duty from July 1

Mutual fund investors to pay stamp duty from July 1

Rediff.com   1 Jul 2020

Investors who issued units in liquid and overnight funds, as well as those with a short-term holding of less than 30 days, are likely to be impacted the most, say experts.

India Inc on war footing to cut costs, conserve cash

India Inc on war footing to cut costs, conserve cash

Rediff.com   29 Jun 2020

The first spending item on the chopping block is capital expenditure, followed by operating costs and overheads, including sales and marketing expenses.

Mauritius' plans to exit 'grey list' hits COVID roadblock

Mauritius' plans to exit 'grey list' hits COVID roadblock

Rediff.com   19 Jun 2020

The country was, in February, put on the list of jurisdictions that require increased monitoring. These are done to counter money-laundering, terrorist financing, and proliferation financing in a more efficient manner.

A glimpse of how economic activity is picking up

A glimpse of how economic activity is picking up

Rediff.com   17 Jun 2020

While freight traffic has gone up, the Google location data shows more people are stepping out of their homes.

Gains from corporate tax cuts likely to be wiped out

Gains from corporate tax cuts likely to be wiped out

Rediff.com   8 Jun 2020

The trend in corporate earnings suggests that index earnings could fall to the levels last seen in early 2014.

Why RBI said no to NBFCs with funds from Mauritius

Why RBI said no to NBFCs with funds from Mauritius

Rediff.com   29 May 2020

The RBI is of the view that it cannot carry out satisfactory due diligence for granting registration because the funding is from a jurisdiction that has been identified by FATF as having weak measures to combat money laundering and terrorist financing.

Early-bird results: Lockdown in March affected India Inc

Early-bird results: Lockdown in March affected India Inc

Rediff.com   18 May 2020

Combined profit before tax of 81 firms down 37.5% y-o-y, worst show in at least 3 years.

TCS snatches most-profitable tag from Reliance after 6 years

TCS snatches most-profitable tag from Reliance after 6 years

Rediff.com   1 May 2020

RIL, however, remains miles ahead of TCS in other financial parameters such as total revenue, operating profit, net worth, assets, and market capitalisation.

Not just China, Hong Kong too may come under new FDI rules

Not just China, Hong Kong too may come under new FDI rules

Rediff.com   29 Apr 2020

FinMin had, recently, notified changes in FDI rules that made prior approval of the government mandatory for foreign investments from countries that share a land border with India. Hong Kong was ranked 14th on the list of countries with FDI flows to India, contributing $4.2 billion between April 2000 and December 2019, the data from DPIIT shows. India received FDI worth $2.34 billion from China in the same period.

Lessons from the Franklin fiasco

Lessons from the Franklin fiasco

Rediff.com   27 Apr 2020

Taking credit risks in shorter-tenure funds can help jack up returns considerably, boosting sales.

Overseas investment hubs may come under Sebi scanner for China links

Overseas investment hubs may come under Sebi scanner for China links

Rediff.com   20 Apr 2020

The regulator last week reached out to custodians for beneficial ownership information of investors coming from China, Hong Kong, and 11 other countries.