Sachin P Mampatta &Amp;Amp; Amritha Pillay

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

India will grow no matter who comes to power

India will grow no matter who comes to power

Rediff.com   22 Jan 2019

'People always short-change the resilience of the economy.'

Why companies are chary of independent directors

Why companies are chary of independent directors

Rediff.com   18 Jan 2019

As many as 104 listed companies have fewer independent directors than mandated by the regulations, according to the figures from Prime Database, reports Sachin P Mampatta.

'Don't think you can predict the markets'

'Don't think you can predict the markets'

Rediff.com   16 Jan 2019

Financial planners advise against putting capital to work by anticipating what might go up or down.

For Adani it's 5th new business in five years

For Adani it's 5th new business in five years

Rediff.com   2 Jan 2019

The group will be in a better position to now scale up most of its segments irrespective of government policy, but the bad news others add is its growing debt.

Order inflows: Where did this Rs 2.67 trillion go?

Order inflows: Where did this Rs 2.67 trillion go?

Rediff.com   1 Jan 2019

Over 93% of the orders in the year came from the central and state governments, PSUs, and NHAI.

Average Indian's income sees slower growth

Average Indian's income sees slower growth

Rediff.com   6 Dec 2018

Average salary has grown faster than average business income for three of the last five years. This has implications in a country like India. Most people in India are self-employed, with 51.4% of the population falling in that bracket.

Enemy shares may become govt's friend in need

Enemy shares may become govt's friend in need

Rediff.com   22 Nov 2018

The government's move to sell enemy shares comes when it is struggling to meet its target of raising Rs 800 billion from the sale of State assets in the fiscal year ending in March 2019. The Custodian of Enemy Property of India holds around Rs 3,000 crore worth of equity shares besides land and property across India.

Holy cow! Now even India Inc spends money on them

Holy cow! Now even India Inc spends money on them

Rediff.com   22 Nov 2018

41 listed firms made 73 donations to gaushalas (cow shelters) and other cow-related charities over the last four years. The donations range from a few thousand rupees to a million.

At Rs 1700 crore, Jhunjunwala takes his biggest hit in 10 quarters

At Rs 1700 crore, Jhunjunwala takes his biggest hit in 10 quarters

Rediff.com   20 Nov 2018

His portfolio was worth Rs 12,333 crore at the end of June 2018. It was worth Rs 10,633 crore at the end of the September quarter. Smallcaps account for the largest number of his stock-picks. Such a fall has now happened for the third quarter in a row.

The REAL story behind zero #MeToo cases

The REAL story behind zero #MeToo cases

Rediff.com   16 Nov 2018

Audit firms such as KPMG believe zero complaints may be an indicator of the lack of requisite mechanism to allow for such reporting

The mystery about short-term capital gains tax data

The mystery about short-term capital gains tax data

Rediff.com   14 Nov 2018

'There is a huge tax differential of 15% to 20% depending on income classification.'

Sebi's plan to phase out physical shares runs into Rs 4trn hurdle

Sebi's plan to phase out physical shares runs into Rs 4trn hurdle

Rediff.com   14 Nov 2018

The top three companies in terms of the largest value of physical shares showed over 30 per cent shares are held in physical form. Two of the top three were part of the S&P BSE Sensex and the Nifty50 indices.

Private investment revival pushed to 2019

Private investment revival pushed to 2019

Rediff.com   13 Nov 2018

The return of private investment now struggles with lack of funds and election-driven uncertainty.

5 PSUs gave Rs 1.47 bn for Statue of Unity

5 PSUs gave Rs 1.47 bn for Statue of Unity

Rediff.com   8 Nov 2018

ONGC, Hindustan Petroleum, Bharat Petroleum, Indian Oil and Oil India listed the spending as part of their mandatory CSR commitment, but CAG noted that the Sardar Patel statue did not qualify for CSR funding.

'Markets are not going to be calm about elections'

'Markets are not going to be calm about elections'

Rediff.com   31 Oct 2018

Coalition governments aren't necessarily a negative for the economy, though they can result in negative outcomes in the stock market if not already priced in before elections.

Why Mukesh Ambani is a happy man today

Why Mukesh Ambani is a happy man today

Rediff.com   16 Oct 2018

Analysts expect RIL to report consolidated revenue of Rs 1.40 trillion and 10 analysts expect RIL's net income to be Rs 9,629 crore

Lehman@10: How the crisis unfolded

Lehman@10: How the crisis unfolded

Rediff.com   19 Sep 2018

The US market regulator Securities and Exchange Commission was doing what it could to stem the flow. It temporarily prohibited naked short-selling in the securities of major financial players including Freddie Mac and its sister firm Fannie Mae in July. But this didn't really help. It was only after global central banks pumped in unprecedented liquidity into global markets, that the storm was finally calmed.

Lehman crisis@10: Has the financial world changed for the better?

Lehman crisis@10: Has the financial world changed for the better?

Rediff.com   17 Sep 2018

On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.

High fuel prices: OMCs may also be hit next quarter

High fuel prices: OMCs may also be hit next quarter

Rediff.com   10 Sep 2018

In the next quarter, the country will also start gearing up for various Assembly elections could put the government as well as the OMCs under pressure

Anil Ambani's RInfra completes sale of Mumbai power assets biz to Adani

Anil Ambani's RInfra completes sale of Mumbai power assets biz to Adani

Rediff.com   30 Aug 2018

The deal includes Reliance Infrastructure's integrated business of Generation, Transmission and Retail Electricity Distribution