Samie Modak &Amp; Krishna Kant

Stories by Samie Modak &Amp; Krishna Kant

Corporate earnings take a big knock in Q3

Corporate earnings take a big knock in Q3

Rediff.com   28 Feb 2019

Analysts attribute this fall to the recent moderation in energy (mainly crude oil) and commodity prices, lowering of input costs for companies in sectors such as FMCG, consumer durables, and automobiles, reports Krishna Kant.

Heard about side-pocketing in MFs?

Heard about side-pocketing in MFs?

Rediff.com   7 Feb 2019

Sebi has allowed mutual fund schemes the option of 'side-pocketing' which move will help both fund houses and investors.

New deal with Subhash Chandra gives lenders more control over Zee

New deal with Subhash Chandra gives lenders more control over Zee

Rediff.com   5 Feb 2019

Zee and its lenders had decided to enter into an agreement to not offload the pledged shares amid a sharp slide in the prices of the underlying securities during end-Janury. The terms give the lenders a greater say, upside benefit from the proposed strategic sale, more cover and personal guarantee.

Why brokers are unhappy with revised stamp duty norms

Why brokers are unhappy with revised stamp duty norms

Rediff.com   2 Feb 2019

'Rather than abolishing stamp duty as STT is already levied on all transactions, the government has de-facto imposed a state STT in the guise of stamp duty'

MFs have high exposure to Zee group cos, hit hard by stock crash

MFs have high exposure to Zee group cos, hit hard by stock crash

Rediff.com   28 Jan 2019

Debt funds have exposure of nearly Rs 8,000 crore to Zee group papers. Aditya Birla MF, HDFC MF, Franklin Templeton MF, and ICICI Prudential MF have the highest exposure, reports Samie Modak.

'Don't think you can predict the markets'

'Don't think you can predict the markets'

Rediff.com   16 Jan 2019

Financial planners advise against putting capital to work by anticipating what might go up or down.

Harsh reality check for India's realty developers

Harsh reality check for India's realty developers

Rediff.com   15 Jan 2019

Listed realty developers saddled with unsold properties worth Rs 1 trillion

Credit Suisse bets big on industrial stocks

Credit Suisse bets big on industrial stocks

Rediff.com   14 Jan 2019

'Our preference remains for the less-expensive industrial stocks, which are showing good earnings momentum.'

India's 6 most cash-rich promoters; Azim Premji is No 1

India's 6 most cash-rich promoters; Azim Premji is No 1

Rediff.com   11 Jan 2019

India's cash-rich promoters are not the same as the wealthiest. For example, Mukesh Ambani is the richest Indian based on his stake in Reliance Industries, followed by Premji, the Adani family of the Adani group, and Radhakishan Damani of Avenue Supermarts.

Wow! Indian stock market world's 7th biggest

Wow! Indian stock market world's 7th biggest

Rediff.com   2 Jan 2019

All the countries in the top 10 have seen a decline in market value.

Road will be bumpy for investors in 2019

Road will be bumpy for investors in 2019

Rediff.com   29 Dec 2018

'The first half of 2019 could be volatile.' 'In the second half, volatility inducing events should be largely behind us.'

Economy in bad shape, but rich year for tycoons

Economy in bad shape, but rich year for tycoons

Rediff.com   27 Dec 2018

Mukesh Ambani remains the country's wealthiest promoter as his stake in Reliance is now worth Rs 3.25 trillion!

Rough ride for markets in 2018

Rough ride for markets in 2018

Rediff.com   27 Dec 2018

2018 has been a disappointing and highly volatile year for equity investors.

Brokers send Budget wishlist to Sebi

Brokers send Budget wishlist to Sebi

Rediff.com   24 Dec 2018

'Extensive thought has been put in, and we have pondered over each and every suggestions and demands received from our members.'

Will the Sensex climb to the magical 40,000-mark in 2019?

Will the Sensex climb to the magical 40,000-mark in 2019?

Rediff.com   19 Dec 2018

French investment bank BNP Paribas said India's earnings growth potential is around 14-15 per cent

Average Indian's income sees slower growth

Average Indian's income sees slower growth

Rediff.com   6 Dec 2018

Average salary has grown faster than average business income for three of the last five years. This has implications in a country like India. Most people in India are self-employed, with 51.4% of the population falling in that bracket.

Holy cow! Now even India Inc spends money on them

Holy cow! Now even India Inc spends money on them

Rediff.com   22 Nov 2018

41 listed firms made 73 donations to gaushalas (cow shelters) and other cow-related charities over the last four years. The donations range from a few thousand rupees to a million.

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.

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

India's skewed growth story

India's skewed growth story

Rediff.com   19 Oct 2018

More than 90 per cent of India's population belongs to the base tier (less than $10,000, or about Rs 730,000) when it comes to the distribution of wealth.