Samie Modak &Amp; Krishna Kant

Stories by Samie Modak &Amp; Krishna Kant

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.

2018 gains wiped out from Indian markets

2018 gains wiped out from Indian markets

Rediff.com   8 Oct 2018

Slide in the rupee, surging oil prices, and rising bond yields have triggered the latest fall in the market.

Markets stare at worst-ever FPI sell-off in 2018

Markets stare at worst-ever FPI sell-off in 2018

Rediff.com   5 Oct 2018

Not just India, but Asian peers such as Indonesia, South Korea, Thailand, Taiwan and The Philippines have seen sharp FPI outflows this year

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

Midcaps, smallcaps see biggest monthly fall since October 2008

Midcaps, smallcaps see biggest monthly fall since October 2008

Rediff.com   1 Oct 2018

'The velocity of the market correction in September was so fierce that 9 stocks declined for every one that advanced,' reveals Samie Modak.

Market volatility takes sheen off IPOs

Market volatility takes sheen off IPOs

Rediff.com   28 Sep 2018

The Centre has set a steep divestment target of Rs 80,000 crore for 2018-19. In the first six months, it has managed to mop up less than Rs 10,000 crore.

Lehman@10: Mixed fortune for India Inc's global forays

Lehman@10: Mixed fortune for India Inc's global forays

Rediff.com   27 Sep 2018

Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.

Why stock markets saw one of the most volatile days this decade

Why stock markets saw one of the most volatile days this decade

Rediff.com   22 Sep 2018

'It is easy to dramatise the events of today, but it is far more important to focus on the fact that we have a radically overvalued financial sector. It is a house of cards.'

Lehman@10: The ghost continues to haunt emerging markets

Lehman@10: The ghost continues to haunt emerging markets

Rediff.com   21 Sep 2018

In dollar terms, the Indian markets managed to climb back to 2008 levels only in January this year. The subsequent fall in the rupee because of emerging market woes has once again pushed the markets below their 2008 level in dollar terms.

The silver lining for Nifty50 firms from a falling rupee

The silver lining for Nifty50 firms from a falling rupee

Rediff.com   10 Sep 2018

A weaker rupee could aid corporate earnings through its positive impact on export intensive sectors such as information technology services, pharmaceuticals and commodity producers such as metal and mining, and oil and gas companies.

Technical glitch at NSDL hits e-voting at many firms

Technical glitch at NSDL hits e-voting at many firms

Rediff.com   13 Aug 2018

Cochin Shipyard, BASF India, Ingersoll Rand, Eicher Motors, Federal Bank, and Timken India are some of the firms where voting could have got affected, sources said.

Should Sebi be given such 'draconian' powers?

Should Sebi be given such 'draconian' powers?

Rediff.com   10 Aug 2018

Interception of electronic communication should also be covered in the powers being sought, the report said.

Why FMCG stocks are booming

Why FMCG stocks are booming

Rediff.com   31 Jul 2018

HUL, ITC, Nestle, Colgate, Dabur, Britannia, Asian Paints, P&G are trading at nearly 48 times. The previous record high was 53 times at the end of March 1994.

Investors miffed by recent spate of buyback withdrawals

Investors miffed by recent spate of buyback withdrawals

Rediff.com   17 Jul 2018

In recent months, three companies - PC Jeweller, Vakrangee and Kwality - decided to withdraw their share buyback proposals

Sensex, rupee jump most in a month

Sensex, rupee jump most in a month

Rediff.com   30 Jun 2018

'After multiple days of losses, any relief rally is welcome. However, the trend hasn't changed.'

Chandra's Midas touch helps Tata group profit to rise 35%

Chandra's Midas touch helps Tata group profit to rise 35%

Rediff.com   22 Jun 2018

On the other hand, the group's two traditional cash cows, TCS and Tata Motors' subsidiary Jaguar Land Rover, are slowing as other businesses pick up pace

Real reason why top IT cos have reported a decline in assets

Real reason why top IT cos have reported a decline in assets

Rediff.com   18 Jun 2018

The combined assets of the top five - Tata Consultancy Services (TCS), Infosys Technologies, Wipro, HCL Technologies and Tech Mahindra were down one per cent to Rs 27,7400 crore at the end of 2017-18, from Rs 28,0100 crore a year before.

FPIs sold Indian stocks, bonds worth $ 7 bn since April

FPIs sold Indian stocks, bonds worth $ 7 bn since April

Rediff.com   4 Jun 2018

While selling started in April, it has intensified this month, with FPIs pulling out $1.1 billion and $2.5 billion from equities and debt market, respectively

'Investing in India is like joining the mafia'

'Investing in India is like joining the mafia'

Rediff.com   21 May 2018

With Karnataka election results out of the way and as several key states, including Madhya Pradesh and Rajasthan, prepare for assembly polls later this year ahead of the 2019 general election, Shankar Sharma, vice-chairman and joint managing director, First Global, advises investors to ignore all the noise around the elections.