Sachin P Mampatta &Amp; Krishna Kant

Stories by Sachin P Mampatta &Amp; Krishna Kant

India Ramps Up Gold Reserves...

India Ramps Up Gold Reserves...

Rediff.com   19 Mar 2025

The RBI added roughly 3 tonnes in 2025, taking its gold reserves to 879 tonnes as of January 31, 2025.

Protein vs Junk Food: What Is India Spending More On?

Protein vs Junk Food: What Is India Spending More On?

Rediff.com   1 Mar 2025

Food budgets in urban areas spent less on protein as compared to beverages and processed foods, reveals the Household Consumption Expenditure survey data for 2023-24.

Gift City Helps Ahmedabad's Rise As Trading Powerhouse

Gift City Helps Ahmedabad's Rise As Trading Powerhouse

Rediff.com   28 Feb 2025

The share of Ahmedabad in the total value of trades on both the BSE and NSE is set to touch double digits for the third year in a row.

Foreign companies' tax burden at record low in India

Foreign companies' tax burden at record low in India

Rediff.com   24 Feb 2025

Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Foreign private companies paid 24.36 per cent of their pre-tax profit as tax in 2023-24, show numbers from the Centre for Monitoring Indian Economy (CMIE).

India Inc profits crawl as sales stay sluggish

India Inc profits crawl as sales stay sluggish

Rediff.com   24 Feb 2025

Corporate India's struggle with subdued revenue and earnings growth persisted in the October-December quarter of 2024-25 (Q3FY25). The combined net sales (gross interest earnings for lenders) of listed companies grew in single digits for the seventh consecutive quarter, while their combined net profit rose by a single digit for the third straight quarter.

Ongoing selloff in equity market fails to close mid, smallcap valuation gap

Ongoing selloff in equity market fails to close mid, smallcap valuation gap

Rediff.com   19 Feb 2025

The recent selloff in the Indian equity market has been far more painful for mid and smallcap stocks compared to largecap stocks. The benchmark BSE Sensex is now down 9.5 per cent from its record monthly closing of 84,300 at the end of September last year. In the same period, the BSE MidCap has lost 17 per cent of its value, while the BSE SmallCap has corrected by 17.1 per cent.

Covid Fading But Still Claims Lives

Covid Fading But Still Claims Lives

Rediff.com   11 Feb 2025

There have been 41 cases of Covid in the most recent four-week period ending mid-January, with three deaths.

Mutual Funds Emerge As Financiers For M&A Deals

Mutual Funds Emerge As Financiers For M&A Deals

Rediff.com   6 Feb 2025

'Growth for some companies has been hard to come by and this is a smart way to get there.'

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.

500 Years For You To Match CEO's Pay!

500 Years For You To Match CEO's Pay!

Rediff.com   28 Jan 2025

The share of companies where it would take over 100 years for a median employee to earn the equivalent of their top executive's annual salary rose to 65 per cent in FY24 from 61 per cent in FY19.

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.

Interest coverage ratio of unlisted cos at 30-year high

Interest coverage ratio of unlisted cos at 30-year high

Rediff.com   17 Jan 2025

Excess earnings of unlisted companies over and above their interest costs are at a record level. The interest-coverage ratio of 2.94 is the highest going back to 1990-91, according to numbers from the Centre for Monitoring Indian Economy (CMIE). The ratio measures earnings relative to every rupee to be paid as interest on outstanding debt.

Rents Hit Two Decade High!!

Rents Hit Two Decade High!!

Rediff.com   17 Jan 2025

The share of rent in consumption expenditure has risen to 6.58%, according to the Household Consumption Expenditure Survey 2023-2024. This is the highest it has been in surveys going back to the turn of the millennium.

New Govt Infrastructure Projects Down by Over 20% in December Quarter

New Govt Infrastructure Projects Down by Over 20% in December Quarter

Rediff.com   15 Jan 2025

Both new and completed project values as of December 2024 remain below pre-pandemic levels seen in 2019.

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.

PMS players breach threshold, set to have non-EPFO assets of over Rs 10 trn

PMS players breach threshold, set to have non-EPFO assets of over Rs 10 trn

Rediff.com   29 Dec 2024

When star mutual fund managers quit their jobs to start their own ventures, they have often begun their new innings by becoming portfolio management service (PMS) providers. Over the years there has been an influx of fund managers - they could earn big if they succeeded on their own - and alongside there are wealthy clients looking for an edge beyond that offered by traditional mutual funds.

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).

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.

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.

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.