Sachin P Mampatta And Samie Modak

Stories by Sachin P Mampatta And Samie Modak

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.

India's m-cap hits $2.5 trillion after soaring 91% from March lows

India's m-cap hits $2.5 trillion after soaring 91% from March lows

Rediff.com   17 Dec 2020

In rupee terms, India's market cap is currently about Rs 184 trillion - 90 per cent of the GDP of Rs 203 trillion for FY20 at current prices.

'If junk stocks are rising, one has to be careful'

'If junk stocks are rising, one has to be careful'

Rediff.com   16 Dec 2020

'Investors should put their money in stocks where the margin of safety is high.'

IPOs have a very good 2020

IPOs have a very good 2020

Rediff.com   15 Dec 2020

Shares of all the 14 companies are currently trading above their issue price.

Bank, finance stocks make for nearly half of FPIs' record investment in Nov

Bank, finance stocks make for nearly half of FPIs' record investment in Nov

Rediff.com   15 Dec 2020

Experts said banking is a play on the economy and the latest buying into this space is underpinned by hopes of a sharper-than-expected recovery in the economy.

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.

LIC's equity portfolio value crosses $86 billion

LIC's equity portfolio value crosses $86 billion

Rediff.com   4 Dec 2020

Assuming that the value of LIC's holding has risen in line with the markets, its portfolio size today could be around $86 billion, higher than the previous record of $84 billion in March 2018.

Karvy declared defaulter by NSE for misuse of clients' securities

Karvy declared defaulter by NSE for misuse of clients' securities

Rediff.com   25 Nov 2020

The total default is said to be in excess of Rs 3,000 crore - making this the largest default by a broker.

Sebi to relax norms for re-classification process

Sebi to relax norms for re-classification process

Rediff.com   24 Nov 2020

Maximum promoter holding to be eligible for reclassification to be raised from 10% to 15%; waiting time to be brought down to one month from three.

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.

After FPIs, domestic brokers' lobby voices concern over T+1 settlement

After FPIs, domestic brokers' lobby voices concern over T+1 settlement

Rediff.com   11 Nov 2020

The move will increase working capital requirement for brokers, raise the work load on the system and will leave little room for contingencies.

What is the actual FPI cap in Airtel at present?

What is the actual FPI cap in Airtel at present?

Rediff.com   29 Oct 2020

While Airtel has hiked the limit to 100 per cent in principle, the company needs to address some issues on overseas investment limits in subsidiaries, before the changes come into effect. Until then, the cap on foreign ownership will remain at 49 per cent under the automatic route.

How Sebi's 'riskometer' grading of MF schemes helps investors

How Sebi's 'riskometer' grading of MF schemes helps investors

Rediff.com   15 Oct 2020

The markets regulator, Securities and Exchange Board of India (Sebi), recently introduced fresh guidelines to determine the place of a mutual fund (MF) on its riskometer tool.

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.

Sebi slaps Rs 6-crore penalty on NSE for investing in 'unrelated' biz

Sebi slaps Rs 6-crore penalty on NSE for investing in 'unrelated' biz

Rediff.com   2 Oct 2020

The NSE held 25 to 100 per cent stakes in these entities through its subsidiary NSE Investments as of September.

'Investors must not take any knee-jerk action'

'Investors must not take any knee-jerk action'

Rediff.com   24 Sep 2020

T'I am not going to buy small- or mid-cap stocks at very high valuations if it doesn't make sense for the investors.'

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.

More than 1,000 listed firms file Q1 numbers in Sep

More than 1,000 listed firms file Q1 numbers in Sep

Rediff.com   17 Sep 2020

As a result, the deadline for filing June quarter results ends on August 15. However, only 1,538 companies out of the 4,000-odd listed firms managed to declare their results within the usual deadline.

Once nearly half, China's market capitalisation is now 5x India's

Once nearly half, China's market capitalisation is now 5x India's

Rediff.com   10 Sep 2020

China is the world's second-largest - both in terms of GDP and m-cap. At $10 trillion, its m-cap is second only to the US at $38 trillion.

Why Sebi's new margin pledge norms have rattled brokerages

Why Sebi's new margin pledge norms have rattled brokerages

Rediff.com   9 Sep 2020

Several brokers used shares of dormant or inactive clients to provide margins for other more active clients. This prompted Sebi to rework its entire system of pledging.