Krishna Kant And Dev Chatterjee

Stories by Krishna Kant And Dev Chatterjee

'India can emerge as key player in global supply chain'

'India can emerge as key player in global supply chain'

Rediff.com   15 Feb 2025

'It can position itself as a China Plus One solution, fulfilling the demands of developed economies.'

'Strong retail growth is expected'

'Strong retail growth is expected'

Rediff.com   10 Feb 2025

'The retail business was somewhat slow initially, but it has picked up over the past seven to eight days. Following Makar Sankranti, there is a renewed sense of positivity.'

Budget curtails carry-forward losses for mergers and acquisitions

Budget curtails carry-forward losses for mergers and acquisitions

Rediff.com   4 Feb 2025

The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).

Budget Impact: 10 Largecaps To Look Out For

Budget Impact: 10 Largecaps To Look Out For

Rediff.com   4 Feb 2025

10 largecaps stocks which stand to gain from the Budget.

Burmans vs Gaekwad: Who will manage to acquire Religare Enterprise?

Burmans vs Gaekwad: Who will manage to acquire Religare Enterprise?

Rediff.com   27 Jan 2025

The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn't valid and will not stand scrutiny of market regulator Sebi. The Burman family claimed that the competing offer falls outside the 15-day window stipulated by the Sebi takeover code, following their initial offer on October 4th, 2023.

What You Don't Know About Ambani, Adani Wealth

What You Don't Know About Ambani, Adani Wealth

Rediff.com   21 Jan 2025

Ambani and Adani account for a fifth of the net worth of all billionaire promoters in the country and half the combined net worth of the top 10.

Rupee Slide: Tough Times For Overseas Corporate Debt

Rupee Slide: Tough Times For Overseas Corporate Debt

Rediff.com   16 Jan 2025

Raising overseas debt has become prohibitively expensive due to the depreciating rupee.

Temasek's Haldiram Deal May Be HUGE!

Temasek's Haldiram Deal May Be HUGE!

Rediff.com   8 Jan 2025

Temasek is nearing a deal to acquire a 10% per cent stake in Haldiram Snacks Foods, valued at $10 billion.

2025: Top 10 Stocks To Watch Out

2025: Top 10 Stocks To Watch Out

Rediff.com   2 Jan 2025

These 10 stocks represent the best mix of value and growth, offering relatively low price-to-earnings and price-to-book ratios, a high return on equity, and sufficiently high potential from current levels.

Boards of Nifty 100 companies expand with more independent, women directors

Boards of Nifty 100 companies expand with more independent, women directors

Rediff.com   17 Dec 2024

The boardrooms of India's large listed companies are steadily expanding as corporate governance standards tighten and regulatory compliance rises. Boards of Nifty 100 companies boasted an average of 10.52 members as of FY24, compared to 9.86 in FY21 and 10.48 in FY23, according to the fifth edition of Excellence Enablers' Survey on Corporate Governance, an initiative led by M Damodaran, former chairman of the Securities and Exchange Board of India (Sebi).

M&A deals rise 13.5% in '24 so far

M&A deals rise 13.5% in '24 so far

Rediff.com   16 Dec 2024

the largest transactions of the year include the merger of Quality Care India and Aster DM Healthcare valued at $5.08 billion, followed by Bharti Enterprises' acquisition of a 24.5 per cent stake in the BT Group at $4.08 billion, and a family settlement transaction in the Godrej family at $3.5 billion.

Jihadists Are A Major Threat To Israel'

Jihadists Are A Major Threat To Israel'

Rediff.com   16 Dec 2024

'Israel would make Iran and its proxies pay. They, along with Qatar, fund terror all over the world.'

Rosneft inks record oil supply deal with RIL

Rosneft inks record oil supply deal with RIL

Rediff.com   13 Dec 2024

Russia's state-owned oil firm Rosneft has agreed to supply up to 500,000 barrels per day (bpd) of crude oil to Indian upstream oil and gas major Reliance Industries (RIL) in the largest-ever energy deal between the two countries, Reuters reported on Thursday. The 10-year agreement amounts to 0.5 per cent of global oil supply and is valued at roughly $13 billion per year at current prices, it said.

India's mcap-to-GDP ratio third-highest despite correction

India's mcap-to-GDP ratio third-highest despite correction

Rediff.com   11 Dec 2024

The ratio of market capitalisation to gross domestic product (GDP) in India remains elevated despite the recent correction in the equities markets. It was 147.5 per cent on December 3, 56 per cent higher than the 10-year average of 94 per cent. The current ratio is slightly lower than the all-time high ratio of 154 per cent at the end of September this year.

Equity boom spurs shareholder activism

Equity boom spurs shareholder activism

Rediff.com   9 Dec 2024

Punit Goenka, the former director of Zee Entertainment Enterprises, is not the only one who lost his board seat due to shareholders' activism last fortnight. In recent past, institutional shareholders of several companies, including Nestle and Wipro, have pushed back against board proposals by taking an aggressive stance while voting.

Why Gautam Adani is on a buying spree

Why Gautam Adani is on a buying spree

Rediff.com   21 Nov 2024

The billionaire Adani family, which is building an in-house construction and engineering ecosystem by acquiring ITD Cementation and PSP Projects, is actively seeking additional acquisition opportunities, according to bankers. As part of its $100 billion investment plan by 2030, the Ahmedabad-based group has undertaken several large-scale construction projects, including the Dharavi redevelopment, Ganga Expressway, a mega convention centre in Mumbai and airports.

Noel Tata To Debut At Tata Sons Board Meeting Today

Noel Tata To Debut At Tata Sons Board Meeting Today

Rediff.com   21 Nov 2024

Indications are that the Tata Sons stand on listing of the company may come up for a discussion even if it's not part of the agenda

Corporate earnings fall in Q2, a first in two yrs

Corporate earnings fall in Q2, a first in two yrs

Rediff.com   19 Nov 2024

India Inc continued to grapple with muted revenue growth in the September 2024 quarter (Q2FY25) and witnessed a decline in margins and profits. The headwinds were especially severe for non-financial companies, while banking, financial services, and insurance (BFSI) firms significantly outpaced the rest of the corporate sector. The total profit of 1,353 listed companies that have released their Q2FY25 results thus far dropped by 0.6 per cent year-on-year (Y-o-Y) - the first cumulative earnings decline in eight quarters.

India Inc sends mixed signals on H2FY25 capex path

India Inc sends mixed signals on H2FY25 capex path

Rediff.com   16 Nov 2024

After subdued earnings in the first half amid global headwinds, India Inc is taking a cautious approach on their capital expenditure (capex) for the second half of the financial year ending March 2025, according to management commentary. Minutes from the October monetary policy meeting show the Reserve Bank of India's (RBI's) optimism about private investments picking up.

Cement Inc valuation hits new peaks despite weak earnings

Cement Inc valuation hits new peaks despite weak earnings

Rediff.com   30 Oct 2024

There has been a sharp slowdown in revenue and profit growth in the cement sector in recent quarters but it is yet to show in the share prices of cement companies. On the contrary, there has been a rally in cement stocks and a re-rating of their equity valuation in the past three years despite an earnings contraction during the period.