Sachin P Mampatta &Amp;Amp; Dev Chatterjee

Stories by Sachin P Mampatta &Amp;Amp; Dev Chatterjee

Stocks: 'Returns will be much more modest'

Stocks: 'Returns will be much more modest'

Rediff.com   30 Dec 2020

'Valuations were depressed at 8,000 (Nifty 50 index) levels. It was a free ride to 12,000 levels.' 'What went down had to come up. Now fundamentals have to support further gains.'

Indian hedge funds beat their peers in other emerging markets

Indian hedge funds beat their peers in other emerging markets

Rediff.com   28 Dec 2020

The year-to-date returns are 13.33 per cent for Indian funds, compared to 11.66 per cent for emerging market funds overall.

Air India bid: US fund ready with war chest of 'billions'

Air India bid: US fund ready with war chest of 'billions'

Rediff.com   24 Dec 2020

For the AI bid, Interups has joined hands with a few employees of the airline, and plans to raise funds by splitting some of its infrastructure-related assets into an aviation InvIT, which will have underlying assets such as air routes, ground handling, repairs, and training etc.

Reliance emerges as biggest wealth creator over last 25 years

Reliance emerges as biggest wealth creator over last 25 years

Rediff.com   23 Dec 2020

Reliance Industries accounted for Rs 6.3 trillion in wealth created since 1995; closest rival was Hindustan Unilever which was at Rs 4.9 trillion.

After festive season boost, key economic indicators show declining signs

After festive season boost, key economic indicators show declining signs

Rediff.com   9 Dec 2020

Business Standard tracks pollution levels, goods ferried by the Indian Railways and consumer visits to various categories of places, in addition to power generation and traffic numbers to understand the fast-changing situation on the ground.

Sale of Reliance Capital's assets gets resounding response

Sale of Reliance Capital's assets gets resounding response

Rediff.com   3 Dec 2020

Blackstone, KKR, and Bain Capital, among others, are in the race for its general insurance arm, and Bandhan Bank, Bain, and Dabur Investments have shown interest for RCap's 51 per cent stake in the life insurance business.

Tata, Birla, Bajaj, and Piramal Group may lead race for bank licence

Tata, Birla, Bajaj, and Piramal Group may lead race for bank licence

Rediff.com   1 Dec 2020

NBFCs with a proven track record, supported by the brand values of reputed corporate, can play a key role in bringing the benefits of banking and economy to the underserved and newer segments of India.

Congress spent Rs 61 lakh on Facebook ads for Bihar polls

Congress spent Rs 61 lakh on Facebook ads for Bihar polls

Rediff.com   18 Nov 2020

Pages for the Bharatiya Janata Party's Bihar arm (BJP Bihar), Janata Dal-United, and Chirag Paswan (of the Lok Janshakti Party) saw between Rs 15 lakh and Rs 30 lakh in ad spends.

Peeved Piramal says will quit race for DHFL over Adani's 11th-hour bid

Peeved Piramal says will quit race for DHFL over Adani's 11th-hour bid

Rediff.com   17 Nov 2020

Adani, which had earlier bid only for the wholesale book, now want all of DHFL's assets and has pipped both Oaktree and Piramal by bidding higher than each of them.

Covid-19: Zero cash flows force India Inc to sell assets

Covid-19: Zero cash flows force India Inc to sell assets

Rediff.com   22 Oct 2020

Not just mid- and small-sized firms, even big ones will either sell group companies or stakes in their listed entities to tide over crisis; more sell-offs seen in coming months.

Even as economy reopens, new projects down 82% YoY in Sep

Even as economy reopens, new projects down 82% YoY in Sep

Rediff.com   9 Oct 2020

Completed projects saw an improvement of 29.2 per cent over the June quarter, which is valued at Rs 0.31 trillion.

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Rediff.com   8 Oct 2020

PNB has rich experience in the integration of commercial banks.

SBI Caps, JM Financial to sell Reliance Capital assets

SBI Caps, JM Financial to sell Reliance Capital assets

Rediff.com   2 Oct 2020

The key assets put on the block include its entire stake in Reliance General Insurance Company, the third-largest private sector insurer, and a 49 per cent stake in Reliance Nippon Life Insurance, a joint venture with Nippon Life, which is among the top five private-sector insurance companies.

In financial distress? Seek help, don't commit suicide

In financial distress? Seek help, don't commit suicide

Rediff.com   18 Sep 2020

Shedding the stigma around failure, sharing issues with the family and seeking financial assistance from others can help alleviate distress and help people recover faster, says experts.

The real story behind Adani-Mumbai Airport deal

The real story behind Adani-Mumbai Airport deal

Rediff.com   8 Sep 2020

What made the tide turn in favour of the Adani group was the Covid-19 pandemic, which shut down airports the world over, including Mumbai. There was no cash flow and the firm started defaulting on salaries July onwards.

Govt banks to invoke personal guarantee of defaulters

Govt banks to invoke personal guarantee of defaulters

Rediff.com   5 Sep 2020

Finance ministry advises banks to invoke personal guarantees of all promoters whose companies have gone to NCLT for debt resolution.

RBI rejects BoB's plan to send Anil Ambani firms to NCLT

RBI rejects BoB's plan to send Anil Ambani firms to NCLT

Rediff.com   31 Aug 2020

The RBI rejection is a second blow to BoB - the lead bank of both companies -- after a Delhi high court order on August 18 stayed a move by BoB and the entire consortium of lenders to classify these accounts as fraud, restraining them from taking any other coercive action till the next hearing.

Biyani's Future board to meet on Sep 7 to decide on RIL offer

Biyani's Future board to meet on Sep 7 to decide on RIL offer

Rediff.com   29 Aug 2020

According to the plan made by the lenders and RIL, all Future group listed companies will be merged into Future Enterprises. RIL will then invest Rs 8,500 crore in the merged entity which will include the retail business.

India Inc faces rough weather in overseas biz

India Inc faces rough weather in overseas biz

Rediff.com   24 Aug 2020

As global economies contract because of the Covid-19 pandemic, the focus of most of the India Inc has now moved back to the home market where demand is expected to pick substantially from the coming festival season.

India lags peers in heading back to office amid COVID-19

India lags peers in heading back to office amid COVID-19

Rediff.com   24 Aug 2020

Other countries with a large number of cases including Brazil, Russia, Spain and the United States of America, all have more people heading to work.