Sachin P Mampatta &Amp; Neha Alawadhi

Stories by Sachin P Mampatta &Amp; Neha Alawadhi

Reliance emerges as biggest wealth creator over last 25 years

Reliance emerges as biggest wealth creator over last 25 years

Rediff.com   23 Dec 2020

Reliance Industries accounted for Rs 6.3 trillion in wealth created since 1995; closest rival was Hindustan Unilever which was at Rs 4.9 trillion.

After festive season boost, key economic indicators show declining signs

After festive season boost, key economic indicators show declining signs

Rediff.com   9 Dec 2020

Business Standard tracks pollution levels, goods ferried by the Indian Railways and consumer visits to various categories of places, in addition to power generation and traffic numbers to understand the fast-changing situation on the ground.

Congress spent Rs 61 lakh on Facebook ads for Bihar polls

Congress spent Rs 61 lakh on Facebook ads for Bihar polls

Rediff.com   18 Nov 2020

Pages for the Bharatiya Janata Party's Bihar arm (BJP Bihar), Janata Dal-United, and Chirag Paswan (of the Lok Janshakti Party) saw between Rs 15 lakh and Rs 30 lakh in ad spends.

Even as economy reopens, new projects down 82% YoY in Sep

Even as economy reopens, new projects down 82% YoY in Sep

Rediff.com   9 Oct 2020

Completed projects saw an improvement of 29.2 per cent over the June quarter, which is valued at Rs 0.31 trillion.

In financial distress? Seek help, don't commit suicide

In financial distress? Seek help, don't commit suicide

Rediff.com   18 Sep 2020

Shedding the stigma around failure, sharing issues with the family and seeking financial assistance from others can help alleviate distress and help people recover faster, says experts.

India lags peers in heading back to office amid COVID-19

India lags peers in heading back to office amid COVID-19

Rediff.com   24 Aug 2020

Other countries with a large number of cases including Brazil, Russia, Spain and the United States of America, all have more people heading to work.

Making sense of markets that don't move in sync with the monsoons

Making sense of markets that don't move in sync with the monsoons

Rediff.com   20 Aug 2020

A favourable monsoon and government support to the rural economy are among the reasons that agrochemical companies, including makers of pesticides and fertilisers, have done well.

India Inc cutting employee costs as coronavirus hurts recovery

India Inc cutting employee costs as coronavirus hurts recovery

Rediff.com   19 Aug 2020

June indicates a change in trend from previous quarters in terms of how much companies are spending on employees. The worst hit sectors included steel, air transport service and automobile firms.

Gains in rail, traffic data signal revival

Gains in rail, traffic data signal revival

Rediff.com   18 Aug 2020

Rail

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.

Number of wilful defaulters was on rise even before lockdown

Number of wilful defaulters was on rise even before lockdown

Rediff.com   15 Jul 2020

Lenders had filed 1,251 cases to recover Rs 24,765.5 crore. Wilful defaulters are the entities that do not pay back money despite the ability to do so. Defaulters above Rs 1 crore were considered for this exercise.

Now e-commerce firms are roped in to create Aatmanirbhar Bharat

Now e-commerce firms are roped in to create Aatmanirbhar Bharat

Rediff.com   24 Jun 2020

Govt's e-commerce portal asks sellers to specify country origin of products. Now, the commerce & industry ministry has mandated that the Government e-Marketplace, which has seen Rs 55,048 crore worth of transactions till now, adopt this approach in the interest of creating an 'Aatmanirbhar Bharat'.

Campaign to boycott China-linked apps picks up speed

Campaign to boycott China-linked apps picks up speed

Rediff.com   19 Jun 2020

According to industry insiders, India has 400 million smartphones and is the world's fastest-growing app market. So the addition or deletion of apps impacts the global valuations of these platforms. "Based on calls given by various local organisations to delete Chinese Apps, there will be an impact," said Blaise Fernandes, director at foreign policy think tank Gateway House. "All of them eventually will go the IPO (initial public offering) route so there would be economic impact also."

After 1962 China war stock markets fell 16%, gold 30%

After 1962 China war stock markets fell 16%, gold 30%

Rediff.com   18 Jun 2020

The government was also faced with problems on its balance of payments. It took steps to conserve declining foreign exchange reserves, and began to regulate the production, supply and distribution of gold. It banned forward trading in the yellow metal in November 1962, and introduced gold bonds as well, reveals the RBI's annual report for the year ending June 1963.

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.

Will data protection Bill finally see daylight?

Will data protection Bill finally see daylight?

Rediff.com   15 Jun 2020

After the first draft of the Bill was submitted under a committee chaired by Justice B N Srikrishna in 2018, there were objections raised by businesses, especially on the broad restrictions on cross-border data flow.

India saw 2nd highest phishing hosting attacks in Q1 2019

India saw 2nd highest phishing hosting attacks in Q1 2019

Rediff.com   15 Jun 2020

Phishing attacks could either be in the form of an email from a trusted source asking for personal information such as passwords, bank details and personal details, or it could mimic an existing website or webpage and trick a user into entering confidential information on the page.

How 1996 World Cup is back to haunt FPIs

How 1996 World Cup is back to haunt FPIs

Rediff.com   10 Jun 2020

The ruling mean FPIs cannot seek treaty protection against the new withholding tax that companies are required to deduct at source. The apex court order pertains to when the cricketing bodies of Pakistan, India, and Sri Lanka formed a joint committee to conduct the 1996 Cricket World Cup.

Yatra ends merger pact, sues Ebix in US for breach of terms

Yatra ends merger pact, sues Ebix in US for breach of terms

Rediff.com   7 Jun 2020

Ebix had signed the agreement last year to acquire Gurugram-based Yatra Online for an enterprise value of $338 million (about Rs 2,327 crore) in an all-stock deal. The deal was supposed to conclude in the October-December quarter after regulatory approvals but went through several extensions, according to regulatory filings with the US Securities and Exchange Commission.