Sachin P Mampatta &Amp;Amp; Amritha Pillay

Stories by Sachin P Mampatta &Amp;Amp; Amritha Pillay

Credit Suisse downgrades RIL to underperform

Credit Suisse downgrades RIL to underperform

Rediff.com   6 Aug 2019

The brokerage reduced its target price for the company to Rs 995 per share from Rs 1,350 apiece. Credit Suisse said RIL's liabilities increased from $19 billion to $65 billion in four years.

RIL looks to revive upstream biz

RIL looks to revive upstream biz

Rediff.com   5 Aug 2019

With two of its clusters - R-Series and Satellite Series - likely to start production in the next two years, the company looks to turn around production from this business.

Debt profile worsens for V G Siddhartha's unlisted private companies

Debt profile worsens for V G Siddhartha's unlisted private companies

Rediff.com   1 Aug 2019

The financials of six privately held companies associated with Siddhartha show an increase in debt and falling ability to meet short-term obligations.

MDs on 'forced' leave, but its business as usual for ICRA and Care Ratings

MDs on 'forced' leave, but its business as usual for ICRA and Care Ratings

Rediff.com   26 Jul 2019

The reason for both the officials being sent on leave is the same - an anonymous complaint received by the market regulator against the agency.

Brokers exit cash segment, numbers drop by a quarter

Brokers exit cash segment, numbers drop by a quarter

Rediff.com   24 Jul 2019

High regulatory expectations and advent of discount broking have made old-style brokerage businesses unviable.

NBFC job losses mount as lending plummets

NBFC job losses mount as lending plummets

Rediff.com   16 Jul 2019

'The people let off by the NBFCs have little bargaining power and willingly settle for a 20% to 25% cut in their existing salaries when hunting for new jobs.'

Anil Ambani's RInfra staring at yet another legal hurdle

Anil Ambani's RInfra staring at yet another legal hurdle

Rediff.com   9 Jul 2019

RInfra's plan to lease out headquarters property may face legal hurdle. Moreover, PE players with balance sheets that can take on Reliance Centre Office in Santacruz would be limited and include a handful of players such as Blackstone group, GIC, Brookfield Asset Management and Maplewood Investments.

Anil Ambani on why there's sharp fall in his group firm shares

Anil Ambani on why there's sharp fall in his group firm shares

Rediff.com   19 Jun 2019

He said unwarranted rumour-mongering, speculation, and bear hammering of all Reliance Group companies shares over the last few weeks had caused grave damage to all our stakeholders.

Anomaly in Facebook poll spend data

Anomaly in Facebook poll spend data

Rediff.com   15 Jun 2019

'Unknown' location advertisement spends were nearly 74% higher than the next biggest spender, Uttar Pradesh.

It will take 346 years for you to match your MP's assets

It will take 346 years for you to match your MP's assets

Rediff.com   5 Jun 2019

The average assets of an MP are now 345.8 times that of an annual income of a tax-filing individual, reports Sachin P Mampatta.

Why infra firms in Andhra are staring at a bleak future

Why infra firms in Andhra are staring at a bleak future

Rediff.com   4 Jun 2019

Bhogapuram international airport, Ramayapatnam and Bandar ports, the Muktyala lift irrigation scheme and a bridge across the Krishna river are some of the projects likely to be hit.

Plan to make Maharashtra drought-free by 2019 fails miserably

Plan to make Maharashtra drought-free by 2019 fails miserably

Rediff.com   30 May 2019

Despite Chief minister Devendra Fadnavis' ambitious plan, 40 per cent of the state is reeling from drought and its water tanker economy is booming. As of February 2019, the state government declared drought in 151 of the 358 talukas.

As party spends drop, Facebook political ad revenues tapers off

As party spends drop, Facebook political ad revenues tapers off

Rediff.com   17 May 2019

The cumulative spends on Google are in excess of Rs 27.4 crore. There have been 14,837 advertisements on Google platforms.

Rakesh Jhunjhunwala sees NDA government

Rakesh Jhunjhunwala sees NDA government

Rediff.com   5 May 2019

Rakesh Jhunjhunwala sounded another note of caution on the nature of the latest bull run.

India's 13 biggest cos saw 121 deaths due to accidents

India's 13 biggest cos saw 121 deaths due to accidents

Rediff.com   1 May 2019

The 13 firms under consideration had nearly a million employees as of March 2018, including contractual and temporary workforce.

Why FY19 was the busiest for RIL's M&A team in 10 years

Why FY19 was the busiest for RIL's M&A team in 10 years

Rediff.com   29 Apr 2019

Reflective of the conglomerate's ambition to turn into a consumer-driven business, most of the 33 acquisitions in the last financial year were for its digital, retail, or related verticals.

RIL-Aramco deal fits well for both their future strategies

RIL-Aramco deal fits well for both their future strategies

Rediff.com   23 Apr 2019

Aramco also plans to invest in building India's largest oil refinery on the country's west coast.

'Cement industry in India is institutionalising'

'Cement industry in India is institutionalising'

Rediff.com   20 Apr 2019

With infrastructure claiming a larger share, movement and distribution of cement is bound to change.

FB ad spending: BJP loses top spot to Cong in poll week

FB ad spending: BJP loses top spot to Cong in poll week

Rediff.com   11 Apr 2019

The Congress topped the list of pages with the highest spends for the week ended April 6.

As businesses seek political certainty, there's sharp dip in capex

As businesses seek political certainty, there's sharp dip in capex

Rediff.com   3 Apr 2019

The elections held in April-May 2019 will be an important determinant of future growth and investment.