Samie Modak &Amp; Krishna Kant

Stories by Samie Modak &Amp; Krishna Kant

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.

Crude price rally to benefit Indian equities in the near term

Crude price rally to benefit Indian equities in the near term

Rediff.com   3 Dec 2020

There is positive correlation between crude oil prices and Indian equities and investors can expect more upside after the recent rally in Brent crude price.

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.

Despite Covid-19, India Inc combined profit at Rs 1.5 trn

Despite Covid-19, India Inc combined profit at Rs 1.5 trn

Rediff.com   17 Nov 2020

Not surprisingly, equity investors are bidding-up stock prices across sectors and the broader market is now more valuable than pre-Covid levels.

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.

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.'

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.

New margin norms are bad news for traditional brokers

New margin norms are bad news for traditional brokers

Rediff.com   7 Sep 2020

Market players said the new norms were more suited for online brokers, where clients were typically internet savvy.

How a little-known infra firm beat the Goliaths

How a little-known infra firm beat the Goliaths

Rediff.com   31 Aug 2020

MEIL has become one of the fastest growing and most successful infrastructure and engineering, procurement, and construction companies in the country in recent times.

Earnings of Nifty50 firms slump to over 6-year low

Earnings of Nifty50 firms slump to over 6-year low

Rediff.com   24 Aug 2020

This year, the combined net profit of 24 index companies, which have declared their June-20 numbers, has declined by 37 per cent year on year, while their revenues, including other income, is down by 21 per cent YoY so far.

Shriram Transport: In a rare instance shareholders oust high-profile board member

Shriram Transport: In a rare instance shareholders oust high-profile board member

Rediff.com   24 Aug 2020

The issue also underscores the growing scrutiny by investors and voting advisory firms of the performance of board members.

5 reasons why people are flocking to the stock markets

5 reasons why people are flocking to the stock markets

Rediff.com   20 Aug 2020

In the past four months, more than 4 million new accounts have been opened, taking the total to 44.3 million.

Gains in rail, traffic data signal revival

Gains in rail, traffic data signal revival

Rediff.com   18 Aug 2020

Rail