Sachin P Mampatta &Amp; Ruchika Chitravanshi

Stories by Sachin P Mampatta &Amp; Ruchika Chitravanshi

Budget Gets a New Address

Budget Gets a New Address

Rediff.com   1 days ago

Nirmala Sitharaman moved into her Kartavya Bhavan office on October 2, in time to get the work on the Budget 2026-2027 going.

ADIF writes to CCI for interim relief to startups in Apple case

ADIF writes to CCI for interim relief to startups in Apple case

Rediff.com   4 days ago

The Alliance of Digital India Foundation (ADIF), in an application to the Competition Commission of India (CCI), has alleged that technology company Apple is using dilatory and delaying tactics in the regulator's investigation against the company and has sought interim relief for Indian startups and digital companies, according to people close to the development.

No Of Companies That Exited Sensex In 40 Years...

No Of Companies That Exited Sensex In 40 Years...

Rediff.com   12 Jan 2026

There were 18 exits from the index between 1995 and 2000. The pace has since dropped to single-digit exits over every five-year period.

Listed companies' rent, lease expenses down since pandemic

Listed companies' rent, lease expenses down since pandemic

Rediff.com   3 Jan 2026

Companies' rent and lease expenses have seen a significant decline relative to the money they make since the pandemic.

Independent Director Exits Hit Multi-Year High

Independent Director Exits Hit Multi-Year High

Rediff.com   2 Jan 2026

Less than 12 per cent of the exits were from companies with Rs 10,000 crore in market capitalisation or above.

PM Internship Scheme Tweaks Ahead

PM Internship Scheme Tweaks Ahead

Rediff.com   2 Jan 2026

The 12-month programme is expected to offer shorter internship duration in the third phase of the pilot in certain sectors such as services.

Open offers highest since 2008 as acquisition, takeover attempts surge

Open offers highest since 2008 as acquisition, takeover attempts surge

Rediff.com   29 Dec 2025

Open offers this calendar year, following attempts at acquisition and takeover, came in at more than two a week. There were 121 such open offers to acquire additional shares following a substantial acquisition or change of control, shows the data compiled by primedatabase.com.

ICAI clarifies accounting norms under new labour codes

ICAI clarifies accounting norms under new labour codes

Rediff.com   29 Dec 2025

Companies would have to recognise the increase in gratuity liability arising from new labour codes in their interim financial statements and results for the period ending December 31, the Institute of Chartered Accountants of India (ICAI) has said in its FAQs on the new labour codes.

Second wave of dematerialisation takes off in unlisted companies

Second wave of dematerialisation takes off in unlisted companies

Rediff.com   26 Dec 2025

In the mid-1990s, when the shares of listed companies first began to be held in electronic form, they accounted for less than 1 per cent of the stocks bought and sold on the stock exchanges. This climbed to 99.5 per cent by 2001.

India Inc's profits relative to capital employed at 14-yr high

India Inc's profits relative to capital employed at 14-yr high

Rediff.com   22 Dec 2025

Companies are squeezing more profits from their operations relative to the capital they put to work, the highest now since 2011. Profit after tax relative to capital employed came in at 10.47 per cent in September, shows data from the Centre for Monitoring Indian Economy (CMIE), higher than the 8.41 per cent seen in September last year. This is the highest since March 2010.

Corporate Ministry Seeks Cabinet OK For 50 NCLT Courts

Corporate Ministry Seeks Cabinet OK For 50 NCLT Courts

Rediff.com   19 Dec 2025

Various stakeholders told the committee that there is a need for expanding judicial capacity or restructuring the adjudicatory process by increasing the number of benches and also enhancing financial allocation for improvement of infrastructure.

CCI Flags IndiGo for Probe

CCI Flags IndiGo for Probe

Rediff.com   19 Dec 2025

'The CCI will first need to take a prima facie view on whether IndiGo's role warrants a detailed investigation.'

Need clear timelines for NCLAT to dispose of appeals: Panel on IBC Bill

Need clear timelines for NCLAT to dispose of appeals: Panel on IBC Bill

Rediff.com   18 Dec 2025

The Insolvency and Bankruptcy Code (IBC) Amendment Bill 2025 has failed to introduce specific timelines for the National Company Law Appellate Tribunal (NCLAT) to dispose of appeals, the select committee on the IBC Bill has said in its report.

Govt affidavit in Apple case finalised, to be submitted soon

Govt affidavit in Apple case finalised, to be submitted soon

Rediff.com   16 Dec 2025

The Ministry of Corporate Affairs (MCA) has finalised the affidavit it will soon submit in the Delhi high court in the matter of Apple's petition challenging the recent amendments to the Competition Act that allow penalties to be based on a company's global turnover, a senior official said.

PM Internship Scheme Sees Lower Take-Up

PM Internship Scheme Sees Lower Take-Up

Rediff.com   16 Dec 2025

While 28,141 applicants accepted internship in round one, in the second phase this was down to 24,638.

Households Are Moving Away From Banks To Markets

Households Are Moving Away From Banks To Markets

Rediff.com   8 Dec 2025

For every 100 rupees, households invested Rs 45.2 in mutual funds and equities in 2024-2025.

IMFreport: 'Zombie firms' reflect inefficient insolvency resolution

IMFreport: 'Zombie firms' reflect inefficient insolvency resolution

Rediff.com   28 Nov 2025

The International Monetary Fund, in its report on the Indian economy, said the Insolvency and Bankruptcy Code (IBC) Amendment Bill addresses many deficiencies but it has not provided for the participation of operational creditors or rules for executory contracts. The IMF staff report said that the business dynamism in India remains relatively low, marked by low rates of entry and exit, and a high share of inactive or inefficient firms reflecting structural rigidities and high compliance levels.

GST 2.0 bolstered momentum, economy on stable footing

GST 2.0 bolstered momentum, economy on stable footing

Rediff.com   28 Nov 2025

The reduction in the goods and services tax (GST) rates has increased the momentum in India's economic activity both on the supply and demand sides, while robust agricultural activity - reflected in the strong onset of rabi sowing and adequate reservoir levels - has reinforced the outlook for food supply and rural incomes, the finance ministry said on Thursday.

Mutual Fund Transactions Surge Online

Mutual Fund Transactions Surge Online

Rediff.com   28 Nov 2025

Major fund houses report a sharp rise in online transactions, driven by changing investor habits, distributor behaviour, and fast-growing fintech platforms.

India rejects IMF view that US tariffs will stay indefinitely, hit growth

India rejects IMF view that US tariffs will stay indefinitely, hit growth

Rediff.com   27 Nov 2025

The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.