Sachin P Mampatta, Krishna Kant &Amp; Shine Jacob

Stories by Sachin P Mampatta, Krishna Kant &Amp; Shine Jacob

At Rs 1700 crore, Jhunjunwala takes his biggest hit in 10 quarters

At Rs 1700 crore, Jhunjunwala takes his biggest hit in 10 quarters

Rediff.com   20 Nov 2018

His portfolio was worth Rs 12,333 crore at the end of June 2018. It was worth Rs 10,633 crore at the end of the September quarter. Smallcaps account for the largest number of his stock-picks. Such a fall has now happened for the third quarter in a row.

Railways to foray into education, convert hospitals to colleges

Railways to foray into education, convert hospitals to colleges

Rediff.com   17 Nov 2018

Railway hospitals will offer postgraduate courses for medical students.

The REAL story behind zero #MeToo cases

The REAL story behind zero #MeToo cases

Rediff.com   16 Nov 2018

Audit firms such as KPMG believe zero complaints may be an indicator of the lack of requisite mechanism to allow for such reporting

Why is Iran crude so important for India?

Why is Iran crude so important for India?

Rediff.com   14 Nov 2018

One of the major advantages of buying Iran crude is the additional credit period of 90 days that the country gives to India, compared to 30 days by other countries.

The mystery about short-term capital gains tax data

The mystery about short-term capital gains tax data

Rediff.com   14 Nov 2018

'There is a huge tax differential of 15% to 20% depending on income classification.'

Sebi's plan to phase out physical shares runs into Rs 4trn hurdle

Sebi's plan to phase out physical shares runs into Rs 4trn hurdle

Rediff.com   14 Nov 2018

The top three companies in terms of the largest value of physical shares showed over 30 per cent shares are held in physical form. Two of the top three were part of the S&P BSE Sensex and the Nifty50 indices.

Why it's not going to be a smooth ride for private oil retailers

Why it's not going to be a smooth ride for private oil retailers

Rediff.com   9 Nov 2018

As fuel prices surged in September, the government's decision to ask companies to cut price by Rs1 each on a litre of petrol and diesel came as a dampner for private players.

5 PSUs gave Rs 1.47 bn for Statue of Unity

5 PSUs gave Rs 1.47 bn for Statue of Unity

Rediff.com   8 Nov 2018

ONGC, Hindustan Petroleum, Bharat Petroleum, Indian Oil and Oil India listed the spending as part of their mandatory CSR commitment, but CAG noted that the Sardar Patel statue did not qualify for CSR funding.

Indian Railways to get special track for high-speed trials

Indian Railways to get special track for high-speed trials

Rediff.com   7 Nov 2018

As the national transporter is planning to come out with semi-high speed routes where trains can clock an average speed of 160-200 kmph, dedicated testing becomes essential.

330,000 govt jobs up for grabs!

330,000 govt jobs up for grabs!

Rediff.com   6 Nov 2018

The railways, the country's largest employer, will be hiring 127,000 people in 2018-2019, for which 23.7 million are competing.

NBFCs need fresh capital to be in race

NBFCs need fresh capital to be in race

Rediff.com   2 Nov 2018

Most NBFCs will have to slow down their loan growth. Some of the most leveraged will have to sell a part of their assets (or loan book) to banks to raise incremental capital. Others may have to knock on the door of their deep-pocketed parents.

'Markets are not going to be calm about elections'

'Markets are not going to be calm about elections'

Rediff.com   31 Oct 2018

Coalition governments aren't necessarily a negative for the economy, though they can result in negative outcomes in the stock market if not already priced in before elections.

Sabarimala gives BJP a foot in Kerala's door

Sabarimala gives BJP a foot in Kerala's door

Rediff.com   30 Oct 2018

The saffron party will use Lord Ayyappa the same way it made use of Lord Ram in the north to take away the Nair vote and make electoral inroads in the state.

Govt's lopsided plan to meet divestment target

Govt's lopsided plan to meet divestment target

Rediff.com   25 Oct 2018

The finance ministry has short listed 11 PSUs for a possible buyback of shares in the ongoing financial year

Private players may now enter India's fuel retailing space

Private players may now enter India's fuel retailing space

Rediff.com   23 Oct 2018

At present, India has 56,999 fuel outlets. Of those, only 6,276 are owned by private companies

Oil import bill for FY19 seen rising 42%

Oil import bill for FY19 seen rising 42%

Rediff.com   23 Oct 2018

The benchmark Indian crude oil basket is now estimated to average $77.88 a barrel for FY19, compared to the government's earlier estimate of $65 a barrel for the year and $56.39 for FY18

Oil subsidy bill is nearly twice the year's budgeted estimate - with 6 months to go

Oil subsidy bill is nearly twice the year's budgeted estimate - with 6 months to go

Rediff.com   13 Oct 2018

Senior policymakers say it is a tough task and the finance ministry may resort to the time-tested method of carrying forward part of the subsidy payment burden to the next fiscal year.

Dangers lurk, as India Inc chooses deleveraging over growth

Dangers lurk, as India Inc chooses deleveraging over growth

Rediff.com   11 Oct 2018

Total net debt-equity ratio improves for third consecutive year, while investment in new projects hits a 10-year low, says Krishna Kant.

Falling profits, but CEOs rake in moolah

Falling profits, but CEOs rake in moolah

Rediff.com   8 Oct 2018

27 large listed firms give double-digit hikes to top executives despite a decline in net profit.

IL&FS crisis: Was correction in NBFC stocks overdue?

IL&FS crisis: Was correction in NBFC stocks overdue?

Rediff.com   1 Oct 2018

Second-tier NBFC stocks are trading at 24.4x their trailing earnings, which is nearly twice their 15-year average of 13.9x