Sachin P Mampatta And Samie Modak

Stories by Sachin P Mampatta And Samie Modak

India Inc still reeling under the menace of data theft

India Inc still reeling under the menace of data theft

Rediff.com   9 Oct 2019

Around 41 per cent of these companies saw such instances, compared to the global average of 29 per cent. India's number is higher than other countries such as the United States (26 per cent), the United Kingdom (32 per cent) and Japan (27 per cent). It is also worse than other emerging markets. China had 39 per cent of firms affected by data theft. It was 19 per cent and 16 per cent for Brazil and Russia, respectively.

LIC's investment in private sector at 16-year low

LIC's investment in private sector at 16-year low

Rediff.com   26 Sep 2019

This is despite the private sector companies outperforming their public sector counterparts, reports Sachin P Mampatta.

Analysts unanimous: Corporate earnings, Sensex set to zoom

Analysts unanimous: Corporate earnings, Sensex set to zoom

Rediff.com   23 Sep 2019

Market players say following the tax cuts, the market mood had changed from bearish to positive, which should help sustain the rally.

Anil Ambani's Reliance Capital inches closer to exiting MF biz

Anil Ambani's Reliance Capital inches closer to exiting MF biz

Rediff.com   11 Sep 2019

Close to 21.5 per cent of this will be sold to Japan's Nippon Life, which will then become the sole promoter of the fund house.

Titan, a good bet for Rakesh Jhunjhunwala

Titan, a good bet for Rakesh Jhunjhunwala

Rediff.com   9 Aug 2019

Titan accounted for 59.6 per cent of his disclosed portfolio at Rs 8,355 crore. This is more than 10 times the next biggest holding, Federal Bank, at Rs 619 crore.

Debt profile worsens for V G Siddhartha's unlisted private companies

Debt profile worsens for V G Siddhartha's unlisted private companies

Rediff.com   1 Aug 2019

The financials of six privately held companies associated with Siddhartha show an increase in debt and falling ability to meet short-term obligations.

MFs witness sizeable churn due to corporate defaults

MFs witness sizeable churn due to corporate defaults

Rediff.com   30 Jul 2019

Half a dozen stocks from the large-cap universe and over two dozen from the mid-cap universe have been replaced.

Inflow of $25-billion foreign cash riding on three key FPI proposals

Inflow of $25-billion foreign cash riding on three key FPI proposals

Rediff.com   26 Jul 2019

These include increasing the public float in listed companies to 35 per cent from 25 per cent, increasing the minimum statutory limit for FPI investment in a firm from 24 per cent to the sectoral foreign investment, and lowering government holding in listed public sector undertakings.

Brokers exit cash segment, numbers drop by a quarter

Brokers exit cash segment, numbers drop by a quarter

Rediff.com   24 Jul 2019

High regulatory expectations and advent of discount broking have made old-style brokerage businesses unviable.

NBFC job losses mount as lending plummets

NBFC job losses mount as lending plummets

Rediff.com   16 Jul 2019

'The people let off by the NBFCs have little bargaining power and willingly settle for a 20% to 25% cut in their existing salaries when hunting for new jobs.'

More bad news from Deutsche Bank; its investment arm to quit India

More bad news from Deutsche Bank; its investment arm to quit India

Rediff.com   9 Jul 2019

The beleaguered Deutsche Bank announced major overhaul of its business, which included discontinuing loss-making equities trading business, creating a new 'bad bank', and cutting 18,000 jobs. Deutsche Equities India employs 35 people, all of whom could face the job axe.

SAT stays Sebi's order asking Prannoy, Radhika to step down from NDTV

SAT stays Sebi's order asking Prannoy, Radhika to step down from NDTV

Rediff.com   19 Jun 2019

The tribunal, while adjourning the matter for September 16, directed Sebi to file a reply and gave three weeks to the Roys to file a rejoinder.

Anomaly in Facebook poll spend data

Anomaly in Facebook poll spend data

Rediff.com   15 Jun 2019

'Unknown' location advertisement spends were nearly 74% higher than the next biggest spender, Uttar Pradesh.

What Dalal Street expects from Modi2

What Dalal Street expects from Modi2

Rediff.com   10 Jun 2019

Most brokerages have maintained their Sensex and Nifty targets as they believe there is little room for further re-rating in the backdrop of weak earnings.

It will take 346 years for you to match your MP's assets

It will take 346 years for you to match your MP's assets

Rediff.com   5 Jun 2019

The average assets of an MP are now 345.8 times that of an annual income of a tax-filing individual, reports Sachin P Mampatta.

Why RBI will most certainly cut rate on June 6

Why RBI will most certainly cut rate on June 6

Rediff.com   3 Jun 2019

There is a near consensus that at least a 25 basis points cut, if not 50, can be expected in the June policy.

As party spends drop, Facebook political ad revenues tapers off

As party spends drop, Facebook political ad revenues tapers off

Rediff.com   17 May 2019

The cumulative spends on Google are in excess of Rs 27.4 crore. There have been 14,837 advertisements on Google platforms.

BSE500 companies sitting on a huge cash pile

BSE500 companies sitting on a huge cash pile

Rediff.com   6 May 2019

75 companies can dole out Rs 1.1 trillion from the 'extra cash' to shareholders.

Why NSE deferred announcement of FY19 results

Why NSE deferred announcement of FY19 results

Rediff.com   6 May 2019

NSE's board was to approve on Friday the annual financial statement for the year ended March 31, 2019, but it decided to defer the matter till its legal team firmed up a view on Sebi's order, sources said.

Rakesh Jhunjhunwala sees NDA government

Rakesh Jhunjhunwala sees NDA government

Rediff.com   5 May 2019

Rakesh Jhunjhunwala sounded another note of caution on the nature of the latest bull run.