Samie Modak &Amp; T E Narasimhan

Stories by Samie Modak &Amp; T E Narasimhan

After LVB, Dhanlaxmi Bank shareholders oust CEO Sunil Gurbaxani

After LVB, Dhanlaxmi Bank shareholders oust CEO Sunil Gurbaxani

Rediff.com   2 Oct 2020

While Dhanlaxmi Bank faces governance issues similar to those in Lakshmi Vilas Bank, the financial profile of the Kerala-based bank is better.

US continues to be biggest source of VC investment in India

US continues to be biggest source of VC investment in India

Rediff.com   25 Sep 2020

Nearly half of the investments by various US-based investors have been made in Reliance subsidiary Jio.

'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.'

VC investments from China down by 66% in 2020

VC investments from China down by 66% in 2020

Rediff.com   18 Sep 2020

The drop was the result of the change in FDI rules, which was amplified by the border standoff between India and China.

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.

Ready-made garment exports are on a road to revival

Ready-made garment exports are on a road to revival

Rediff.com   17 Sep 2020

Recovery was largely driven by the European Union markets.

Investors are betting big on India's education sector

Investors are betting big on India's education sector

Rediff.com   15 Sep 2020

The pandemic has confined students across all ages to home and digital education is the only way to continue learning.

While Hero MotoCorp, TVS gain mkt share, Honda, Bajaj slip

While Hero MotoCorp, TVS gain mkt share, Honda, Bajaj slip

Rediff.com   11 Sep 2020

As macroeconomic numbers continue to disappoint, reaching pre-Covid level is unlikely in FY21.

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.

This Navratna company to invest Rs 43,000 crore in power, mining projects

This Navratna company to invest Rs 43,000 crore in power, mining projects

Rediff.com   9 Sep 2020

The company signed a JV agreement with Coal India to set up 5000 Mw of solar and thermal projects. These projects are expected to commence between 2023 and 2027.

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.

Tractor sales remain strong in August

Tractor sales remain strong in August

Rediff.com   2 Sep 2020

Increase in kharif sowing area, good monsoon, rural cash flows and base effect among factors that have driven volumes.

After 5 years, Nissan, TN govt tax dispute finally ends

After 5 years, Nissan, TN govt tax dispute finally ends

Rediff.com   27 Aug 2020

The dispute arose after Nissan alleged that Tamil Nadu hadn't paid certain incentives under a 2008 agreement to set up a car plant at Oragadam, near Chennai.

Is EV rollout sans batteries possible?

Is EV rollout sans batteries possible?

Rediff.com   24 Aug 2020

An EV has to be purchased along with the battery as there are hardly any battery swapping, rental, or leasing business models available across India.

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.

Can India's defence sector be atmanirbhar?

Can India's defence sector be atmanirbhar?

Rediff.com   24 Aug 2020

'We see the defence industry as one of the leading sectors, which will significantly contribute to the growth of the Indian economy, but more importantly, bring atmanirbharta to national security.'

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.

Covid-19 pandemic is boom time for the 'faraway doctor'

Covid-19 pandemic is boom time for the 'faraway doctor'

Rediff.com   19 Aug 2020

Tele/video-consults have been effective for patients requiring post-hospitalisation follow-up, especially if they are from outside the city; patients with chronic diseases that need periodic monitoring; and pregnant women who require routine checkup with minimum exposure.

Despite pandemic, investors are flocking to Tamil Nadu

Despite pandemic, investors are flocking to Tamil Nadu

Rediff.com   17 Aug 2020

Tamil Nadu has cornered around 18.63 per cent of the fresh investments in Q1FY21 and topped the list of state-wise investments. These investments should help create over 67,212 jobs.