Samie Modak &Amp; T E Narasimhan

Stories by Samie Modak &Amp; T E Narasimhan

Public sector IPOs to warm up to anchor investors

Public sector IPOs to warm up to anchor investors

Rediff.com   29 Jan 2021

Through anchor allotment, a firm can demonstrate the demand for shares by getting marquee investors on board.

TVS group all set for mega restructuring

TVS group all set for mega restructuring

Rediff.com   28 Jan 2021

The restructuring, which will involve nine listed companies, including TVS Motor, Sundaram Clayton, Sundram Fasteners, TVS Electronics and TVS Srichakra, among others, will give each family group complete ownership of businesses they manage while scrapping the holding company.

Pegatron to assemble Apple iPhones in Tamil Nadu, after Foxconn

Pegatron to assemble Apple iPhones in Tamil Nadu, after Foxconn

Rediff.com   27 Jan 2021

The company is planning to invest Rs 1,100 crore in the new mobile phone manufacturing facility.

Isro all set to launch space-themed merchandise

Isro all set to launch space-themed merchandise

Rediff.com   21 Jan 2021

Isro will rope in industry to manufacture customised Isro-theme T-shirts, coffee mugs, posters, key chains, games, jigsaw puzzle and so on.

Tata Consumer may be added to Nifty

Tata Consumer may be added to Nifty

Rediff.com   16 Jan 2021

The firm is on course to replace state-owned Gail India in the widely-followed index during the semi-annual review set for March.

TCS' market capitalisation touches all-time high of Rs 12 trillion

TCS' market capitalisation touches all-time high of Rs 12 trillion

Rediff.com   15 Jan 2021

Currently, TCS is India's second most valuable firm after Reliance Industries, which has a market cap of nearly Rs 12.9 trillion.

Post Covid, 2-wheeler EV firms see steady growth

Post Covid, 2-wheeler EV firms see steady growth

Rediff.com   11 Jan 2021

EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand.

Mutual funds set for digital disruption

Mutual funds set for digital disruption

Rediff.com   31 Dec 2020

Mutual funds aspirants have the option of snapping up smaller AMCs or applying for a new licence.

TTK Prestige,India's kitchen 'king' aims to double capacity by FY21

TTK Prestige,India's kitchen 'king' aims to double capacity by FY21

Rediff.com   28 Dec 2020

The company has also set a target of achieving Rs 5,000 crore in the next four years, while for the current fiscal the company expect around 15-18 per cent growth in revenue.

''No' vote could mean liquidation of securities'

''No' vote could mean liquidation of securities'

Rediff.com   26 Dec 2020

'We know that returning money to unitholders at the earliest is the first and most important step towards resurrecting our brand and regaining investor trust.'

India's m-cap hits $2.5 trillion after soaring 91% from March lows

India's m-cap hits $2.5 trillion after soaring 91% from March lows

Rediff.com   17 Dec 2020

In rupee terms, India's market cap is currently about Rs 184 trillion - 90 per cent of the GDP of Rs 203 trillion for FY20 at current prices.

'If junk stocks are rising, one has to be careful'

'If junk stocks are rising, one has to be careful'

Rediff.com   16 Dec 2020

'Investors should put their money in stocks where the margin of safety is high.'

COVID-19 infects IIT-Madras; forces shutdown

COVID-19 infects IIT-Madras; forces shutdown

Rediff.com   15 Dec 2020

A total of 774 students are on the campus and most of those who were infected were residents of Krishna and Jamuna hostels.

IPOs have a very good 2020

IPOs have a very good 2020

Rediff.com   15 Dec 2020

Shares of all the 14 companies are currently trading above their issue price.

Bank, finance stocks make for nearly half of FPIs' record investment in Nov

Bank, finance stocks make for nearly half of FPIs' record investment in Nov

Rediff.com   15 Dec 2020

Experts said banking is a play on the economy and the latest buying into this space is underpinned by hopes of a sharper-than-expected recovery in the economy.

How family-owned TVS group's ownership model will change

How family-owned TVS group's ownership model will change

Rediff.com   11 Dec 2020

The TVS family has been engaged, for more than a century, in a diverse range of businesses through various entities in which the branches of the TVS family have invested in or through T V Sundaram Iyengar & Sons, Sundaram Industries, and Southern Roadways - collectively referred to as the TVS Holding Companies.

Next gen from Apollo Tyres family floats trucking start-up

Next gen from Apollo Tyres family floats trucking start-up

Rediff.com   10 Dec 2020

The solution works on the pricing and scheduling algorithms that define key parameters necessary for most efficiently matching the supply and demand of freight and trucks.

Nokia starts manufacturing next generation 5G equipment at Chennai facility

Nokia starts manufacturing next generation 5G equipment at Chennai facility

Rediff.com   9 Dec 2020

Nokia said it was the first to manufacture the 5G New Radio in India, and it is now producing Nokia AirScale massive Multiple Input Multiple Output solution at the facility.

US-China trade war a silver lining for India's garment exporters

US-China trade war a silver lining for India's garment exporters

Rediff.com   9 Dec 2020

Exporters say their capacity utilisation has reached almost 70 per cent and that big firms have brought it up to as high as 85 per cent.

DBS retains Lakshmi Vilas Bank's name, logo

DBS retains Lakshmi Vilas Bank's name, logo

Rediff.com   8 Dec 2020

According to experts, 'Lakshmi' and the logo 'Godesses Lakshmi' have a lot of value in India and are the biggest driver for the Bank. Retaining the Lakshmi name and logo will help DBS.