Sachin P Mampatta And Krishna Kant

Stories by Sachin P Mampatta And Krishna Kant

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.

Despite Covid-19, India Inc combined profit at Rs 1.5 trn

Despite Covid-19, India Inc combined profit at Rs 1.5 trn

Rediff.com   17 Nov 2020

Not surprisingly, equity investors are bidding-up stock prices across sectors and the broader market is now more valuable than pre-Covid levels.

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.

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.

How a little-known infra firm beat the Goliaths

How a little-known infra firm beat the Goliaths

Rediff.com   31 Aug 2020

MEIL has become one of the fastest growing and most successful infrastructure and engineering, procurement, and construction companies in the country in recent times.

Earnings of Nifty50 firms slump to over 6-year low

Earnings of Nifty50 firms slump to over 6-year low

Rediff.com   24 Aug 2020

This year, the combined net profit of 24 index companies, which have declared their June-20 numbers, has declined by 37 per cent year on year, while their revenues, including other income, is down by 21 per cent YoY so far.

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.

Making sense of markets that don't move in sync with the monsoons

Making sense of markets that don't move in sync with the monsoons

Rediff.com   20 Aug 2020

A favourable monsoon and government support to the rural economy are among the reasons that agrochemical companies, including makers of pesticides and fertilisers, have done well.

India Inc cutting employee costs as coronavirus hurts recovery

India Inc cutting employee costs as coronavirus hurts recovery

Rediff.com   19 Aug 2020

June indicates a change in trend from previous quarters in terms of how much companies are spending on employees. The worst hit sectors included steel, air transport service and automobile firms.

Gains in rail, traffic data signal revival

Gains in rail, traffic data signal revival

Rediff.com   18 Aug 2020

Rail

Covid-19 impact: Earnings shrink as more firms post results for Q1

Covid-19 impact: Earnings shrink as more firms post results for Q1

Rediff.com   17 Aug 2020

The combined profit before tax of 748 companies, which have declared their results for Q1FY21, is down 46 per cent YoY. Their net sales went down by a quarter as the Covid-19 lockdown led to a sharp fall in economic activity.

Nifty50 valuation hits all-time high as investors bid up share prices

Nifty50 valuation hits all-time high as investors bid up share prices

Rediff.com   6 Aug 2020

The current valuation is 38 per cent higher than the 10-year average of 22x and over 50 per cent higher than the 20-year average of around 20x.

A glimpse of how exactly the economy is faring

A glimpse of how exactly the economy is faring

Rediff.com   4 Aug 2020

Many weekly indicators turn positive as economy prepares for Unlock 3.0.

Are signs of economic green shoots really visible?

Are signs of economic green shoots really visible?

Rediff.com   29 Jul 2020

Mumbai traffic, mobile internet speeds, and grocery and pharmacy visits are all showing lower numbers for the latest week.

Why equity seems to be losing its charm

Why equity seems to be losing its charm

Rediff.com   21 Jul 2020

In three of the past four years, 10-year returns have been 10 per cent or lower, making equity unattractive, compared to other asset classes.

IT biggies are favourite defensive bets in Nifty50

IT biggies are favourite defensive bets in Nifty50

Rediff.com   20 Jul 2020

The combined weight of IT companies in the benchmark Nifty 50 index is now at a five-year high of 15 per cent as these companies continue to outperform the broader market.

Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%

Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%

Rediff.com   18 Jul 2020

Equity investors should thank cash-rich biggies such as TCS, ITC, HUL, Nestl, and Bajaj Auto for this.

Number of wilful defaulters was on rise even before lockdown

Number of wilful defaulters was on rise even before lockdown

Rediff.com   15 Jul 2020

Lenders had filed 1,251 cases to recover Rs 24,765.5 crore. Wilful defaulters are the entities that do not pay back money despite the ability to do so. Defaulters above Rs 1 crore were considered for this exercise.

Covid-19 impact: Six of the top 10 family-owned businesses in the red

Covid-19 impact: Six of the top 10 family-owned businesses in the red

Rediff.com   13 Jul 2020

Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.

Only 7 days of lockdown, but Q4 a red quarter for most of India Inc

Only 7 days of lockdown, but Q4 a red quarter for most of India Inc

Rediff.com   6 Jul 2020

Though India was under lockdown for only seven days of the quarter, global demand and commodity prices began falling from February as COVID-19 was spreading in other countries. 1,002 listed companies - excluding banks, non-bank lenders, insurers, brokerages, and IT firms - reported a combined pre-tax loss of around Rs 2,700 crore during Q4.