Sachin P Mampatta &Amp;Amp; Dev Chatterjee

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

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.

Tatas' independent directors highest paid in industry

Tatas' independent directors highest paid in industry

Rediff.com   12 Nov 2018

Five of the 10 best-paid independent directors belonged to the Tata group, followed by four from Reliance Industries and one from Wipro.

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.

Loans of IL&FS arm gets red-flagged by auditor

Loans of IL&FS arm gets red-flagged by auditor

Rediff.com   17 Oct 2018

Based on internal evaluation and legal opinion, the management was of the opinion that the company has the ability to ultimately recover the aforesaid ICDs

IL&FS requires Rs 30,000 crore to get back in business

IL&FS requires Rs 30,000 crore to get back in business

Rediff.com   5 Oct 2018

Will have to take impairment of Rs 15,000 crore before recovering a single rupee from its arms

SBI may participate in the Rs 4,500 cr rights issue of IL&FS along with LIC

SBI may participate in the Rs 4,500 cr rights issue of IL&FS along with LIC

Rediff.com   2 Oct 2018

The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31

Lehman@10: Mixed fortune for India Inc's global forays

Lehman@10: Mixed fortune for India Inc's global forays

Rediff.com   27 Sep 2018

Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.

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.

The silver lining for Nifty50 firms from a falling rupee

The silver lining for Nifty50 firms from a falling rupee

Rediff.com   10 Sep 2018

A weaker rupee could aid corporate earnings through its positive impact on export intensive sectors such as information technology services, pharmaceuticals and commodity producers such as metal and mining, and oil and gas companies.

At 8.2% GDP growth India Inc sees a crouching tiger ready to leap

At 8.2% GDP growth India Inc sees a crouching tiger ready to leap

Rediff.com   2 Sep 2018

Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.

Aditya Birla, US firm Vrde Partners in $1-billion JV for stressed assets

Aditya Birla, US firm Vrde Partners in $1-billion JV for stressed assets

Rediff.com   30 Aug 2018

Vrde currently manages about $14 billion globally, and has invested nearly $500 million in India in the past five years

Adani group, RIL, Tata lead race to buy bankrupt firms

Adani group, RIL, Tata lead race to buy bankrupt firms

Rediff.com   29 Aug 2018

Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.

Why Kerala can never forget the Flood of '99

Why Kerala can never forget the Flood of '99

Rediff.com   24 Aug 2018

Sachin P Mampatta goes back in time to recall a deluge that that has passed into lore in Kerala.

Top executives earn 3,000 times more than average staff

Top executives earn 3,000 times more than average staff

Rediff.com   13 Aug 2018

The top companies with a striking gap in pay between the senior-most executives and median employees in 2017-2018 belonged mostly to sectors such as information technology, auto and engineering.

Should Sebi be given such 'draconian' powers?

Should Sebi be given such 'draconian' powers?

Rediff.com   10 Aug 2018

Interception of electronic communication should also be covered in the powers being sought, the report said.