Samie Modak &Amp; Manojit Saha

Stories by Samie Modak &Amp; Manojit Saha

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

Rediff.com   3 May 2025

Domestic institutional investors (DIIs), mostly mutual funds and insurance companies, overtook foreign portfolio investors (FPIs) in ownership of NSE-listed companies in the March quarter of 2025. According to Prime Database, DIIs held a 17.62 per cent stake, up from 16.89 per cent in the December 2024 quarter.

From 96% holding to a sliver: How Gensol promoters made swift exit

From 96% holding to a sliver: How Gensol promoters made swift exit

Rediff.com   29 Apr 2025

When Gensol Engineering made its public market debut through a small and medium enterprises (SME) initial public offering (IPO) in September 2019, its promoters held a commanding 96 per cent stake. Now, that figure has shrunk to a "negligible" fraction.

'Clients Are In Risk-management Mode'

'Clients Are In Risk-management Mode'

Rediff.com   28 Apr 2025

'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'

Trade war hit on India likely to be limited: RBI

Trade war hit on India likely to be limited: RBI

Rediff.com   23 Apr 2025

The Indian economy could remain less affected by global trade wars than other countries because the two engines of domestic growth - consumption and investment - are likely to face a limited impact from such headwinds, according to an article on the 'State of the Economy' in the Reserve Bank of India's (RBI's) bulletin, released on Tuesday.

Trade war may fuel inflation: RBI bulletin

Trade war may fuel inflation: RBI bulletin

Rediff.com   20 Mar 2025

Escalating trade tensions amid a tariff war after Donald Trump took over as President of the United States (US) could adversely impact global growth and fuel inflation, an article on the "State of the Economy" in the Reserve Bank of India (RBI) monthly bulletin said.

Address grievance redressal promptly, RBI guv tells banks

Address grievance redressal promptly, RBI guv tells banks

Rediff.com   19 Mar 2025

'In this age of competition, we will not survive long if we do not provide quality service to our consumers'

CLSA lowers target price for IndusInd Bank to Rs 900 but sees 34% upside

CLSA lowers target price for IndusInd Bank to Rs 900 but sees 34% upside

Rediff.com   15 Mar 2025

Global brokerage CLSA has lowered its target price for IndusInd Bank from Rs 1,200 to Rs 900 while maintaining an outperform rating on the stock after the private lender disclosed a net worth hit of Rs 1,500 crore due to an accounting gap. The revised price target still implies an upside of 34 per cent from current levels.

Nifty Indices Rebalance Begins

Nifty Indices Rebalance Begins

Rediff.com   3 Mar 2025

The changes will take effect on March 28, with portfolio adjustments expected before the market closes on March 27.

'Ambition to double the business within three years'

'Ambition to double the business within three years'

Rediff.com   24 Feb 2025

'The way the bank is doing in the past 4-5 quarters, no reason to see why we will not be able to achieve that.'

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

Rediff.com   22 Feb 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to inflation aligning with the target and recognising the fact that monetary policy is forward-looking.

Equity MFs Gain Despite Selloff

Equity MFs Gain Despite Selloff

Rediff.com   13 Feb 2025

Among the 11 equity sub-categories, thematic funds received the highest net inflows at Rs 9,017 crore, followed by smallcap funds at Rs 5,721 crore and flexicap funds at Rs 5,698 crore.

'2025 Is Year To Keep Expectations Low'

'2025 Is Year To Keep Expectations Low'

Rediff.com   12 Feb 2025

'Stay disciplined, and remain invested.' 'Volatile times are the best to invest in structural opportunities at the right price.'

January Crash: Record 2,461 Stocks Flash Red

January Crash: Record 2,461 Stocks Flash Red

Rediff.com   29 Jan 2025

'The market's sharp decline recently has shaken the confidence of retail investors, leading to increased selling.'

Burmans vs Gaekwad: Who will manage to acquire Religare Enterprise?

Burmans vs Gaekwad: Who will manage to acquire Religare Enterprise?

Rediff.com   27 Jan 2025

The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn't valid and will not stand scrutiny of market regulator Sebi. The Burman family claimed that the competing offer falls outside the 15-day window stipulated by the Sebi takeover code, following their initial offer on October 4th, 2023.

Is foreign exchange rate stability desirable? Not really

Is foreign exchange rate stability desirable? Not really

Rediff.com   21 Jan 2025

The recent depreciation of the rupee along with sharp fall in the country's foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and desirable. The rupee was one of the least volatile currencies among peers for almost two years before the current downward pressure started in September after the US Federal Reserve lowered interest rate.

'Coming Months Could Be Eventful For Markets'

'Coming Months Could Be Eventful For Markets'

Rediff.com   15 Jan 2025

'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'

Why Is RBI Gov Meeting Top Bankers?

Why Is RBI Gov Meeting Top Bankers?

Rediff.com   13 Jan 2025

'Growth, liquidity and deposit mobilisation are likely to be discussed during the interaction.'

Secondary Market Saw Lacklustre Funding In 2024

Secondary Market Saw Lacklustre Funding In 2024

Rediff.com   7 Jan 2025

Net flows from domestic institutional investors crossed Rs 5 trillion for the first time during a calendar year.

Banks post sixth year of profit growth in FY24, bad loans decline further

Banks post sixth year of profit growth in FY24, bad loans decline further

Rediff.com   27 Dec 2024

Commercial banks in India reported a sixth consecutive year of rise in their net profits in 2023-24 while bad loans continued to fall, according to the Reserve Bank of India's (RBI's) annual publication "Trends and Progress of Banking in India", released on Thursday. "Banks' profitability rose for the sixth consecutive year in 2023-24 and continued to rise in H1:2024-25 with the return on assets (RoA) at 1.4 per cent and return on equity (RoE) at 14.6 per cent," the report said.

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Rediff.com   26 Dec 2024

Metropolitan Stock Exchange of India (MSE) plans to raise Rs 120 crore from investors in an attempt to stay afloat. The beleaguered exchange's board has approved issuance of 1.19 billion equity shares of face value Rs 1 at a premium of Rs 1 through private placements, according to a disclosure on its website.