Puneet Wadhwa, Dev Chatterjee

Stories by Puneet Wadhwa, Dev Chatterjee

SBI may participate in the Rs 4,500 cr rights issue of IL&FS along with LIC

SBI may participate in the Rs 4,500 cr rights issue of IL&FS along with LIC

Rediff.com   2 Oct 2018

The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31

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.

'Invest in mid-caps very selectively'

'Invest in mid-caps very selectively'

Rediff.com   25 Sep 2018

Even as rising crude oil prices, trade war fears and a sliding rupee cast a shadow on market sentiment, Nischal Maheshwari, chief executive officer for institutional equities and advisory at Centrum Broking, tells Puneet Wadhwa that in the next one year, the outcome of the 2019 general election is a bigger challenge for the market.

DON'T rush to buy PSBs. Here's why

DON'T rush to buy PSBs. Here's why

Rediff.com   19 Sep 2018

The recent three-bank merger seems to be grossly negative for Vijaya Bank and Bank of Baroda in the short term, as the negative net worth of Dena Bank will have to be absorbed by the merged entity

5 reasons why Goldman Sachs downgraded Indian equities

5 reasons why Goldman Sachs downgraded Indian equities

Rediff.com   18 Sep 2018

Stretched valuations and slowdown in DII flows are some of the reasons why Goldman Sachs cut its India rating to 'market-weight'

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.

At 8.2% GDP growth India Inc sees a crouching tiger ready to leap

At 8.2% GDP growth India Inc sees a crouching tiger ready to leap

Rediff.com   2 Sep 2018

Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.

Aditya Birla, US firm Vrde Partners in $1-billion JV for stressed assets

Aditya Birla, US firm Vrde Partners in $1-billion JV for stressed assets

Rediff.com   30 Aug 2018

Vrde currently manages about $14 billion globally, and has invested nearly $500 million in India in the past five years

Adani group, RIL, Tata lead race to buy bankrupt firms

Adani group, RIL, Tata lead race to buy bankrupt firms

Rediff.com   29 Aug 2018

Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.

'Stay away from large-caps': Mark Mobius to investors

'Stay away from large-caps': Mark Mobius to investors

Rediff.com   14 Aug 2018

Mark Mobius, co-founder, Mobius Capital Partners, tells Puneet Wadhwa that investors should concentrate more on "value" rather than momentum, and on good small- and medium-sized companies rather than large-caps.

Kumar Birla on how buying Aleris helps Hindalco

Kumar Birla on how buying Aleris helps Hindalco

Rediff.com   27 Jul 2018

'Aleris will bring in $3 billion of revenue. Novelis has $12 billion of revenues. If we add Hindalco's $6-billion revenue, then on a consolidated basis, we will become the world's largest aluminium company outside China.'

GoAir readies ambitious plans to boost growth

GoAir readies ambitious plans to boost growth

Rediff.com   16 Jul 2018

The Wadia group-owned airline is building a new management team and putting in place strategies for efficient operations. Leading the change is Cornelis Vrieswijk, the airline's new chief executive officer.

Rupee depreciates 0.55% to near its lowest ever on China-US trade war

Rupee depreciates 0.55% to near its lowest ever on China-US trade war

Rediff.com   28 Jun 2018

While far from being a currency war, India does not have much of an option but to depreciate to accommodate its exports at a time when China shows its intent to let its currency depreciate.

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

28 companies announce buyback plans worth Rs 21,300 crore

28 companies announce buyback plans worth Rs 21,300 crore

Rediff.com   21 Jun 2018

While Mcleod Russel, ADF Foods, Indiabulls Real Estate, DCM Shriram and BSE have announced buyback through open market route, the remaining 23 companies plan to buy back their shares via tender offers

The key risk for the Indian stock market

The key risk for the Indian stock market

Rediff.com   19 Jun 2018

High networth individuals selling stocks to buy real estate is among the key risks for the Indian markets.

BSE Midcap index set for worst monthly fall in 18 months

BSE Midcap index set for worst monthly fall in 18 months

Rediff.com   1 Jun 2018

The BSE Midcap index has declined 5.7% thus far in May 2018. In comparison, the S&P BSE Small-cap index has lost 5.6%

Mid, small-caps outperform in four years of Narendra Modi government

Mid, small-caps outperform in four years of Narendra Modi government

Rediff.com   25 May 2018

Analysts attribute this outperformance to the government's proactive economic reform measures

'Rising oil prices a key threat to Indian equities'

'Rising oil prices a key threat to Indian equities'

Rediff.com   23 May 2018

Rising oil prices, sharp slowdown in mutual fund inflows and steep valuations remain the key risks for Indian investors going ahead.

Flipkart shows retail majors how to play the online game

Flipkart shows retail majors how to play the online game

Rediff.com   13 May 2018

Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?