Sachin P Mampatta, Anoushka Sawhney &Amp;Amp; Samreen Wani

Stories by Sachin P Mampatta, Anoushka Sawhney &Amp;Amp; Samreen Wani

Listed firms log record operating cash flow of Rs 11.1 trn in FY24

Listed firms log record operating cash flow of Rs 11.1 trn in FY24

Rediff.com   2 Oct 2024

Indian companies are generating more cash than ever. The net cash flow from listed firms' operations hit a new high of Rs 11.1 trillion in financial year 2023-24 (FY24), crossing the Rs 10-trillion mark for the first time, according to the Centre for Monitoring Indian Economy (CMIE) data going back to 1990-91. The FY24 figure represents a 19.3 per cent jump over the previous year, even as quite a few companies are yet to release their numbers.

Working capital cycle shortest in 25 yrs at 47.8 days

Working capital cycle shortest in 25 yrs at 47.8 days

Rediff.com   11 Sep 2024

A key indicator of corporate efficiency may now be better than at any time since the turn of the millennium. The net working capital cycle - a crucial measure that tracks the time a company takes to convert current assets like inventory into sales and then collect the money from customers - has seen remarkable improvement. According to data from the Centre for Monitoring Indian Economy (CMIE), the average company needed nearly 90 days to complete this cycle in 1999-2000.

What SEBI's 106 Search Ops Discovered

What SEBI's 106 Search Ops Discovered

Rediff.com   11 Sep 2024

The operations revealed evidence of price and volume manipulation of stocks through the use of platforms like YouTube and WhatsApp.

Tracking non-food retail inflation trends in India

Tracking non-food retail inflation trends in India

Rediff.com   4 Sep 2024

Amid a debate on the basis of a monetary policy stance, one may be curious enough to know how non-food retail inflation has behaved over the years in India. Let the eager souls catch a glimpse of facts. In the past 10 years, non-food inflation came down below 4 per cent on two occasions - pre-Covid period of 2019-20 and now in the first four months of the current financial year (FY25).

Global caution sends private equity-backed M&A deal value to 6-year trough

Global caution sends private equity-backed M&A deal value to 6-year trough

Rediff.com   29 Aug 2024

The value of private equity (PE)-backed mergers and acquisitions (M&As) in India reached a six-year low during the first seven months of the current calendar year, amid ongoing global uncertainties. The total value of these deals stood at $6.2 billion during the period, down from $9 billion in the same period last year, and lower than the $14 billion recorded during the corresponding period in 2019, according to data from LSEG Deals Intelligence. PE funds pool capital from investors, including high-net-worth individuals, to invest in high-return opportunities.

Waqf Property Income Falls 99%

Waqf Property Income Falls 99%

Rediff.com   29 Aug 2024

In FY24, the net income generated from Waqf properties fell to about Rs 1.26 crore from Rs 150 crore in FY20.

Covid Reduced 2.6 Years Of Life Expectancy In India

Covid Reduced 2.6 Years Of Life Expectancy In India

Rediff.com   20 Jul 2024

The decline in life expectancy was higher among young individuals and those aged 50 to 60.

Why Promoters Are Cutting Stake In Companies

Why Promoters Are Cutting Stake In Companies

Rediff.com   26 Jun 2024

'This trend will continue as long as the bull run continues.'

Over 85% Billionaires Are Upper Castes

Over 85% Billionaires Are Upper Castes

Rediff.com   24 Jun 2024

While other backward classes had a share of 9 per cent, there were no scheduled tribe billionaires.

BJP Lost 72 Seats Across 7 States

BJP Lost 72 Seats Across 7 States

Rediff.com   5 Jun 2024

This negated the gain of more than a dozen seats in Odisha, Madhya Pradesh and Kerala.

49.9% New MPs In 2019

49.9% New MPs In 2019

Rediff.com   1 Jun 2024

Nearly half of the MPs elected in the 2019 general elections in India were first-timers.

Disquiet Over Agnipath In Military Village

Disquiet Over Agnipath In Military Village

Rediff.com   28 May 2024

'There is uncertainty regarding job opportunities for our children after they serve for just four years under the Agnipath scheme.'

'No One Thought Of The Pride Of Women Then?'

'No One Thought Of The Pride Of Women Then?'

Rediff.com   22 May 2024

'When our daughters, wrestlers Sakshi Malik and Vignesh Phogat, were protesting at the Jantar Mantar, the police kicked them with their shoes.'

Strikes And Lockouts Decline By 90%

Strikes And Lockouts Decline By 90%

Rediff.com   17 May 2024

Industrial disputes dropped 89.3 per cent to 34 in 2022 compared to 318 a decade ago, shows central and state data.

Why Low Voter Turnout Trend Is Worrying

Why Low Voter Turnout Trend Is Worrying

Rediff.com   14 May 2024

If the decline reflects a loss of faith in the democratic process, even a well-executed social media nudge may not help.

It's raining job promises in Odisha

It's raining job promises in Odisha

Rediff.com   13 May 2024

Despite declining by three percentage points in 2022-23 (FY23) compared to FY19, Odisha's unemployment rate remains higher than the average in India.

India Added 5 Hindus For Every Muslim Since 1950

India Added 5 Hindus For Every Muslim Since 1950

Rediff.com   11 May 2024

Using the same methodology as the EAC-PM study, the fastest-growing religious population is, in fact, the Buddhists. The Buddhist population increased by over 1,600 per cent between 1950 and 2015.

Less Than 5% Of Candidates From Congress

Less Than 5% Of Candidates From Congress

Rediff.com   10 May 2024

The Congress is contesting 328 seats in the ongoing elections -- the lowest since Independence.

The Richest Candidate In Election 2024

The Richest Candidate In Election 2024

Rediff.com   4 May 2024

Chandra Sekhar Pemmasani, the Telugu Desam Party's Lok Sabha candidate from Guntur, has Rs 5,700 crore in declared family assets.

Most NRIs Voted In Kerala!

Most NRIs Voted In Kerala!

Rediff.com   2 May 2024

If 74.9 per cent of NRI voters are from Kerala, Andhra Pradesh at 6.4 per cent, Maharashtra at 4.7 per cent, Tamil Nadu and Telangana at 2.9 per cent each follow way behind.