Sachin P Mampatta &Amp; Samie Modak

Stories by Sachin P Mampatta &Amp; Samie Modak

Manufacturing dominated new projects in Q1, share at 10-quarter high

Manufacturing dominated new projects in Q1, share at 10-quarter high

Rediff.com   21 Jul 2025

More than half of all new project announcements in the June 2025 quarter came from the manufacturing sector. Manufacturing projects worth around Rs 2.3 trillion were announced in the three-month period, accounting for 54 per cent of total new projects, according to data from the Centre for Monitoring Indian Economy (CMIE).

A Showdown That Could Reshape India's Derivatives Market

A Showdown That Could Reshape India's Derivatives Market

Rediff.com   20 Jul 2025

The Jane Street-Sebi saga is more than a legal dispute -- it's a litmus test for India's ambitions as a global financial hub.

'Sensex Is Barometer Of Economy And Capital Markets'

'Sensex Is Barometer Of Economy And Capital Markets'

Rediff.com   18 Jul 2025

'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'

Jane Street puts lens on high-frequency trading, quant firms

Jane Street puts lens on high-frequency trading, quant firms

Rediff.com   15 Jul 2025

Sebi aims to stay proactive as HFT and quant firms like Citadel Securities, Optiver, Millennium, and IMC Trading are expanding rapidly in India, which is home to the world's largest derivatives market by contracts traded.

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Rediff.com   9 Jul 2025

Promoters of India's top private listed companies have cut their stakes sharply since 2021, taking advantage of elevated valuations and reshaping ownership dynamics in the market. Holdings of promoters in the top 200 privately owned listed firms declined nearly 600 basis points (bps) to 37 per cent at the end of FY25, from 43 per cent in FY21.

CAPE Fear: History Suggests Rich Valuations Precede Sharp Pullbacks

CAPE Fear: History Suggests Rich Valuations Precede Sharp Pullbacks

Rediff.com   2 Jul 2025

Valuations at current levels have historically corresponded single-digit returns.

Co-investment may slip its leash as rules relax for big-ticket plays

Co-investment may slip its leash as rules relax for big-ticket plays

Rediff.com   30 Jun 2025

Co-investment under the portfolio management services (PMS) route accounted for less than 50 crore in assets and involved fewer than a dozen clients for much of 2022. Since then, assets under management have risen to 3,812 crore across 535 clients as of April 2025, according to the latest regulatory data. The recent changes may open the door to greater investment from sovereign wealth and pension funds, experts say.

Stock Markets Shine Despite Weak Monsoon

Stock Markets Shine Despite Weak Monsoon

Rediff.com   11 Jun 2025

Data since 2005 show that the five years with the highest rainfall saw average market returns of 8.98 per cent, while the five driest years returned 25.7 per cent on average.

COVID: 3 Weeks Deadlier Than 9 Months

COVID: 3 Weeks Deadlier Than 9 Months

Rediff.com   5 Jun 2025

40 Covid patients died since mid-May, which is more than the total number of deaths over the preceding 39 weeks.

After Covid, management buyouts have seen an uptick

After Covid, management buyouts have seen an uptick

Rediff.com   27 May 2025

There have been more instances of a management team buying out the owners of a company after the pandemic. There are eight such transactions, called management buyouts (MBOs), in the five years ending 2024, according to data from tracker LSEG shared with Business Standard.

Public-promoter confusion deepens with switches across companies

Public-promoter confusion deepens with switches across companies

Rediff.com   24 May 2025

There have been multiple instances of the same entity appearing as both a public shareholder as well as under the promoter classification in some listed companies. And this dual-classification happened in the same quarter, according to data compiled by primedatabase.com.

For Now DIIs In Driver's Seat...

For Now DIIs In Driver's Seat...

Rediff.com   16 May 2025

The interplay between domestic and foreign capital will shape India's equity markets.

Large investor concentration in smallcap funds at 14-month low

Large investor concentration in smallcap funds at 14-month low

Rediff.com   7 May 2025

The share of investments held by the top 10 investors across smallcap mutual fund schemes has been on a decline, falling to a 14-month low in March 2025, shows an analysis of data from the Association of Mutual Funds in India (Amfi). The median smallcap scheme has 2.03 per cent of its investments coming from the top 10 investors, compared to 2.43 per cent a year ago.

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

Rediff.com   3 May 2025

Domestic institutional investors (DIIs), mostly mutual funds and insurance companies, overtook foreign portfolio investors (FPIs) in ownership of NSE-listed companies in the March quarter of 2025. According to Prime Database, DIIs held a 17.62 per cent stake, up from 16.89 per cent in the December 2024 quarter.

From 96% holding to a sliver: How Gensol promoters made swift exit

From 96% holding to a sliver: How Gensol promoters made swift exit

Rediff.com   29 Apr 2025

When Gensol Engineering made its public market debut through a small and medium enterprises (SME) initial public offering (IPO) in September 2019, its promoters held a commanding 96 per cent stake. Now, that figure has shrunk to a "negligible" fraction.

150 years of BSE: When 100 banks failed and took stockbrokers with them

150 years of BSE: When 100 banks failed and took stockbrokers with them

Rediff.com   27 Apr 2025

Like with all great crashes, some had noticed the cracks. "... cash balances (of banks) seem, from the available indications, to be hopelessly inadequate; and it is hard to doubt that in the next bad times they will go down like ninepins. If such a catastrophe occurs, the damage inflicted on India will be far greater than the direct loss falling on the depositors," said John Maynard Keynes in his May 1913 work "Indian Currency and Finance", written before his path-breaking work in macroeconomics laid the foundation of dealing with global crises.

Outlook gloomy for corporate share in direct tax mopup

Outlook gloomy for corporate share in direct tax mopup

Rediff.com   19 Apr 2025

Companies may foot less of the tax bill for some time yet. The corporate share of net direct tax collections has been lower in 2024-25 than in previous years. The corporate segment accounted for 45.6 per cent of total net direct tax collections as of March 16, compared to 48.1 per cent on the same date in 2023-24 (FY24).

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.

CLSA lowers target price for IndusInd Bank to Rs 900 but sees 34% upside

CLSA lowers target price for IndusInd Bank to Rs 900 but sees 34% upside

Rediff.com   15 Mar 2025

Global brokerage CLSA has lowered its target price for IndusInd Bank from Rs 1,200 to Rs 900 while maintaining an outperform rating on the stock after the private lender disclosed a net worth hit of Rs 1,500 crore due to an accounting gap. The revised price target still implies an upside of 34 per cent from current levels.