Sachin P Mampatta &Amp; Samie Modak

Stories by Sachin P Mampatta &Amp; Samie Modak

Nifty Indices Rebalance Begins

Nifty Indices Rebalance Begins

Rediff.com   3 Mar 2025

The changes will take effect on March 28, with portfolio adjustments expected before the market closes on March 27.

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).

Equity MFs Gain Despite Selloff

Equity MFs Gain Despite Selloff

Rediff.com   13 Feb 2025

Among the 11 equity sub-categories, thematic funds received the highest net inflows at Rs 9,017 crore, followed by smallcap funds at Rs 5,721 crore and flexicap funds at Rs 5,698 crore.

'2025 Is Year To Keep Expectations Low'

'2025 Is Year To Keep Expectations Low'

Rediff.com   12 Feb 2025

'Stay disciplined, and remain invested.' 'Volatile times are the best to invest in structural opportunities at the right price.'

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.'

January Crash: Record 2,461 Stocks Flash Red

January Crash: Record 2,461 Stocks Flash Red

Rediff.com   29 Jan 2025

'The market's sharp decline recently has shaken the confidence of retail investors, leading to increased selling.'

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.

Burmans vs Gaekwad: Who will manage to acquire Religare Enterprise?

Burmans vs Gaekwad: Who will manage to acquire Religare Enterprise?

Rediff.com   27 Jan 2025

The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn't valid and will not stand scrutiny of market regulator Sebi. The Burman family claimed that the competing offer falls outside the 15-day window stipulated by the Sebi takeover code, following their initial offer on October 4th, 2023.

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.

'Coming Months Could Be Eventful For Markets'

'Coming Months Could Be Eventful For Markets'

Rediff.com   15 Jan 2025

'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'

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.

Secondary Market Saw Lacklustre Funding In 2024

Secondary Market Saw Lacklustre Funding In 2024

Rediff.com   7 Jan 2025

Net flows from domestic institutional investors crossed Rs 5 trillion for the first time during a calendar year.

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.

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Rediff.com   26 Dec 2024

Metropolitan Stock Exchange of India (MSE) plans to raise Rs 120 crore from investors in an attempt to stay afloat. The beleaguered exchange's board has approved issuance of 1.19 billion equity shares of face value Rs 1 at a premium of Rs 1 through private placements, according to a disclosure on its website.

Zomato surpasses HUL, Nestle in Sensex with a weightage of 2.77%

Zomato surpasses HUL, Nestle in Sensex with a weightage of 2.77%

Rediff.com   24 Dec 2024

Zomato on Monday became the first new-age company to join the prestigious 30-share benchmark Sensex, replacing JSW Steel. This milestone marks a significant achievement not only for Zomato but also for the Indian startup ecosystem, which is increasingly making its presence felt in the $5.2 trillion listed ecosystem.

45 New F&O Stocks May Shake Up Nifty, Sensex

45 New F&O Stocks May Shake Up Nifty, Sensex

Rediff.com   22 Nov 2024

Among the new entries, the largest by market capitalisation are LIC, Avenue Supermarts (DMart), Adani Green Energy, Zomato and Jio Financial Services.