Sachin P Mampatta And Samie Modak

Stories by Sachin P Mampatta And Samie Modak

Trading glitch: Sebi, FinMin seek detailed report from NSE

Trading glitch: Sebi, FinMin seek detailed report from NSE

Rediff.com   25 Feb 2021

The exchange cited issues with its telecom service providers that prevented stocks and index quotations from getting updated.

India Inc's profit contribution to GDP likely to jump three times

India Inc's profit contribution to GDP likely to jump three times

Rediff.com   22 Feb 2021

The bulk of the incremental profits will come from oil & gas and automobile sectors.

Why large-cap PMS schemes failed to beat benchmark index

Why large-cap PMS schemes failed to beat benchmark index

Rediff.com   19 Feb 2021

Companies providing portfolio management services (PMS) had a tough time beating the benchmark index in January, with more than half of the schemes invested in large companies underperforming in the run-up to the Union Budget. The Nifty 50 index was down 2.5 per cent during the month. Only around 44 per cent of PMS schemes did better, among the schemes investing in large-cap companies. The analysis is based on data from industry tracker PMS Bazaar. Half the mid-cap schemes outperformed, while the rest underperformed.

New rules on holding firms may affect pension funds

New rules on holding firms may affect pension funds

Rediff.com   19 Feb 2021

The Union Budget 2021-22 has made it easier for sovereign wealth funds and pension funds to invest in Indian infrastructure projects, but some of the new rules may need more clarity, experts said. The proposed regime requiring investments through holding companies may have adverse tax implications for such funds and may create an arbitrage between the new and old projects, they said. Besides, the ownership structure of holding companies through which investments are to be made requires further clarification, they added.

Sebi paves way for LIC's mega float

Sebi paves way for LIC's mega float

Rediff.com   18 Feb 2021

Sebi's change of rules will give the government -- which owns 100 per cent of LIC -- the flexibility to assess market demand and opt for lower dilution.

33 of 95 BSE100 cos INCREASED CAPEX

33 of 95 BSE100 cos INCREASED CAPEX

Rediff.com   4 Feb 2021

Acquisitions may have played a role in much of the increase.

Public sector IPOs to warm up to anchor investors

Public sector IPOs to warm up to anchor investors

Rediff.com   29 Jan 2021

Through anchor allotment, a firm can demonstrate the demand for shares by getting marquee investors on board.

1 million new investors entering the market on a monthly basis

1 million new investors entering the market on a monthly basis

Rediff.com   29 Jan 2021

Faster account opening, which allows investors to start trading without ever leaving their homes or visiting a physical branch of their local brokerage has played a role in the surge.

COVID-19 impact: How India Inc is gearing up to tackle unforeseen risks

COVID-19 impact: How India Inc is gearing up to tackle unforeseen risks

Rediff.com   23 Jan 2021

Companies are looking to combine risk management with strategy.

Tata Consumer may be added to Nifty

Tata Consumer may be added to Nifty

Rediff.com   16 Jan 2021

The firm is on course to replace state-owned Gail India in the widely-followed index during the semi-annual review set for March.

TCS' market capitalisation touches all-time high of Rs 12 trillion

TCS' market capitalisation touches all-time high of Rs 12 trillion

Rediff.com   15 Jan 2021

Currently, TCS is India's second most valuable firm after Reliance Industries, which has a market cap of nearly Rs 12.9 trillion.

Franklin's voting process on six funds draws flak

Franklin's voting process on six funds draws flak

Rediff.com   15 Jan 2021

There was no postal intimation to unitholders who didn't have a registered email address, according to a letter that Midas Touch Investors Association sent to Sebi.

FPI registrations cross 10K for first time

FPI registrations cross 10K for first time

Rediff.com   13 Jan 2021

Equities in India saw record FPI inflows of $16.8 billion in November and December, taking the benchmark indices to new highs.

As Covid cases start declining, more people are returning to workplaces

As Covid cases start declining, more people are returning to workplaces

Rediff.com   8 Jan 2021

More people seemed to be returning to their workplaces towards the end of the year, even as railway and electricity numbers disappointed. Most other indicators held on to their gains.

Pandemic deals major blow to capex, spending down 88%

Pandemic deals major blow to capex, spending down 88%

Rediff.com   5 Jan 2021

While there were Rs 7.01 trillion worth of new assets in December 2019, this fell 88.6 per cent to Rs 80,000 crore for the three months ending December 2020, shows data from project tracker Centre for Monitoring Indian Economy (CMIE), reports Sachin P Mampatta.

Small firms struggled to raise capital in 2020

Small firms struggled to raise capital in 2020

Rediff.com   5 Jan 2021

'SMEs got infected by Covid.'

Mutual funds set for digital disruption

Mutual funds set for digital disruption

Rediff.com   31 Dec 2020

Mutual funds aspirants have the option of snapping up smaller AMCs or applying for a new licence.

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.

''No' vote could mean liquidation of securities'

''No' vote could mean liquidation of securities'

Rediff.com   26 Dec 2020

'We know that returning money to unitholders at the earliest is the first and most important step towards resurrecting our brand and regaining investor trust.'