Ruchika Chitravanshi &Amp;Amp; Samie Modak

Stories by Ruchika Chitravanshi &Amp;Amp; Samie Modak

'Budget Focus Will Be On Growth, Jobs'

'Budget Focus Will Be On Growth, Jobs'

Rediff.com   16 Jul 2024

'There is no immediate threat to the government, and they would prefer the growth agenda.'

Rs 2,000 Crore Raised Daily Jan-Jun 2024!

Rs 2,000 Crore Raised Daily Jan-Jun 2024!

Rediff.com   12 Jul 2024

Equity supply may hit Rs 6 trillion soon.

Nifty may sport new look after Sebi's F&O tweak, expand to over 200 firms

Nifty may sport new look after Sebi's F&O tweak, expand to over 200 firms

Rediff.com   6 Jul 2024

The Nifty 50 index is poised for a revamp as the revised futures and options (F&O) stock selection criteria is seen paving the way for newly listed companies to join the benchmark index, which is tracked by passive funds with combined assets under management of more than ~3.5 trillion ($44 billion). For the first time in six years, the market regulator Securities and Exchange Board of India (Sebi) has tweaked the stock selection process for the derivatives segment that clocks a turnover of ~400 trillion daily.

Promoters Sold Rs 87,000 Crore Of Shares

Promoters Sold Rs 87,000 Crore Of Shares

Rediff.com   2 Jul 2024

Prominent exits by promoters included a Rs 15,300 crore share sale in Indus Tower by Vodafone Plc, a Rs 9,300 crore share sale by the Tata group in Tata Consultancy Services.

'Indian rupee best-performing Asian currency this year'

'Indian rupee best-performing Asian currency this year'

Rediff.com   29 Jun 2024

'India represents one of the top opportunities with robust growth, solid fundamentals, and openness to foreign investment.'

Unlisted Shares Market Is Buzzing

Unlisted Shares Market Is Buzzing

Rediff.com   29 Jun 2024

The dealers operating in the space have jumped nearly three times over the past two years.

Nirmalaji May Stick To Fiscal Deficit Target

Nirmalaji May Stick To Fiscal Deficit Target

Rediff.com   26 Jun 2024

'Any finality in such matters requires political views. We will review it closer to the full Budget.'

'Private Sector Must Create Jobs'

'Private Sector Must Create Jobs'

Rediff.com   25 Jun 2024

'The private sector believes that some enablers in labour-intensive sectors like apparel, toys, tourism, and media retail, can unlock a lot of jobs.'

ICAI, MCA secretary discuss road map to create big Indian companies

ICAI, MCA secretary discuss road map to create big Indian companies

Rediff.com   24 Jun 2024

The Institute of Chartered Accountants of India (ICAI) has held discussions with ministry of corporate affairs (MCA) secretary Manoj Govil on the 'Aggregation of CA Firms' and the roadmap to create big Indian firms, a press statement by ICAI said.

'I Hope We Don't Get A Bubble Too Soon'

'I Hope We Don't Get A Bubble Too Soon'

Rediff.com   21 Jun 2024

'China is struggling to get out of its property bubble.' 'Japan took 35 years to walk out of its equity bubble.' 'Bubbles can be difficult to forecast.'

Nirmalaji Listens To Economists' Ideas

Nirmalaji Listens To Economists' Ideas

Rediff.com   20 Jun 2024

'The Budget needs to focus more on social welfare schemes.'

What Will Keep Nirmalaji Busy This Year?

What Will Keep Nirmalaji Busy This Year?

Rediff.com   17 Jun 2024

Fresh plans of privatisation or divestment in central public sector enterprises and public sector banks might take a back seat this financial year because these may require a large consensus among coalition partners.

I&B holds meet to discuss Big Tech revenue sharing

I&B holds meet to discuss Big Tech revenue sharing

Rediff.com   13 Jun 2024

The ministry of information and broadcasting (I&B) on Wednesday held an inter-ministerial meeting with various departments to discuss issues regarding revenue sharing between Big Tech companies and digital news publishers, according to sources. The meeting - chaired by I&B Secretary Sanjay Jaju - invited senior officials from the ministry of corporate affairs (MCA), Competition Commission of India (CCI), ministry of electronics and information technology (Meity) and departments of promotion of industry and internal trade, legal affairs and consumer affairs.

Beneficial ownership norms in focus as MNCs face scrutiny

Beneficial ownership norms in focus as MNCs face scrutiny

Rediff.com   12 Jun 2024

The latest ruling by the Registrar of Companies (RoC) in the LinkedIn Technology Information case for violating significant beneficial ownership (SBO) norms has brought the amended rules into the spotlight. Experts suggest that more entities, particularly multinational companies (MNCs), are expected to face greater scrutiny. "Companies are closely watching this space.

Moody's Concerns Over Coalition Challenges

Moody's Concerns Over Coalition Challenges

Rediff.com   8 Jun 2024

Moody's Analytics said that the reduced political stability and the need for consensus building that is inherent with a coalition government, might erode investor confidence in the near term.

Voting advisory firms divided over FMCG major ITC's hotel demerger move

Voting advisory firms divided over FMCG major ITC's hotel demerger move

Rediff.com   4 Jun 2024

Three leading domestic voting advisory firms are not on the same page over the proposed demerger and separate listing of ITC's hotel business, ITC Hotels. Institutional Investor Advisory Services (IiAS) has recommended a vote "against" the resolution, while InGovern and Stakeholders Empowerment Services (SES) have advised their clients to vote in favour. Voting on the resolution is currently underway.

'Market Assumes Modi's Easy Re-Election'

'Market Assumes Modi's Easy Re-Election'

Rediff.com   29 May 2024

'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'

Bluechips Drive Markets To $5 Trillion

Bluechips Drive Markets To $5 Trillion

Rediff.com   23 May 2024

The top 100 companies have accounted for 63% of the gains (Rs 51 trillion out of Rs 81 trillion), while firms beyond the top 100 have contributed 37 per cent (Rs 30 trillion).

Will Raebareli Also Go The Amethi Way?

Will Raebareli Also Go The Amethi Way?

Rediff.com   16 May 2024

'Sonia did not visit this place once since she won. Who's to say they won't lose this one, too?'

Amethi Misses Rahul Vs Smriti Contest

Amethi Misses Rahul Vs Smriti Contest

Rediff.com   14 May 2024

'If the Congress loses this time, Rahul Gandhi will not look back at Amethi ever again.'