Samie Modak, Sohini Das

Stories by Samie Modak, Sohini Das

Patients to benefit from GST cut, but pharma firms may face margin pressure

Patients to benefit from GST cut, but pharma firms may face margin pressure

Rediff.com   12 Sep 2025

The rationalisation of goods and services tax (GST), announced on Wednesday, directly lowers the cost of everyday medical consumables, and also high-end therapies in oncology and rare diseases, helping reduce out-of-pocket patient expenditure and better adherence to medication.

Helped by GST move, PV sales growth may rebound to 7% by FY27: Maruti

Helped by GST move, PV sales growth may rebound to 7% by FY27: Maruti

Rediff.com   12 Sep 2025

The country's largest carmaker Maruti Suzuki India expects auto sales to bounce back to the glory days of 7 per cent growth by FY 27, helped by the proposed GST rate cut which is expected to bring down car prices by 3.5 to 8.5 per cent.

Rare Earth Magnet Crunch Persists For Automakers

Rare Earth Magnet Crunch Persists For Automakers

Rediff.com   11 Sep 2025

'Despite assurance from China, none of the companies have received supplies from Chinese sellers.'

How India's pharma cos plan to tackle steep US tariffs

How India's pharma cos plan to tackle steep US tariffs

Rediff.com   10 Sep 2025

As the potential threat of a steep 200 per cent tariff on pharmaceutical imports hangs in the air, analysts and industry insiders feel that focus on exports to non-US regions as well as domestic market will increase as a long-term trend. US President Donald Trump told CNBC's Squawk Box in the first week of August that planned tariffs on import of pharmaceutical products to the US could eventually reach up to 250 per cent.

Jane Street Officials To Meet Sebi Soon

Jane Street Officials To Meet Sebi Soon

Rediff.com   3 Sep 2025

'The hearing is not adversarial but inquisitorial in nature -- it allows Sebi to examine the context, the strategy, and the intent behind the trades, particularly when algorithmic and expiry-day trading are involved.'

Foreign Investors Slash India Allocations

Foreign Investors Slash India Allocations

Rediff.com   22 Aug 2025

Global emerging market investors are sharply cutting back on India, making it the largest underweight market, as funds rotate into China, Hong Kong, and South Korea amid tariff shocks and valuation concerns.

Sectors that are leading 2025 IPO charge

Sectors that are leading 2025 IPO charge

Rediff.com   13 Aug 2025

India's initial public offering (IPO) market is rewriting the rules of sectoral dominance, with a diverse slate of companies entering the stock market arena.

25% Donald Trump tariff likely to weigh on pharma margins: Analysts

25% Donald Trump tariff likely to weigh on pharma margins: Analysts

Rediff.com   12 Aug 2025

If pharmaceutical exports from India to the US come under a 25 per cent tariff bracket, the impact on earnings before interest, tax, depreciation and amortisation (Ebitda) could be around 5 per cent, felt analysts. This is after assuming that about 75 per cent of the tariff would be passed on.

'Retail losses in derivatives is a concern'

'Retail losses in derivatives is a concern'

Rediff.com   5 Aug 2025

'Sebi's measures are necessary to align the derivatives market with its underlying cash market, as the current disconnect is unsustainable.'

Pharma Inc hopes for fair deal as Donald Trump announces 25% tariffs

Pharma Inc hopes for fair deal as Donald Trump announces 25% tariffs

Rediff.com   31 Jul 2025

India's pharmaceuticals and medical devices industries are still hopeful that trade negotiations with the US could cut a fairer deal for both sides, after President Donald Trump announced a 25 per cent tariff rate on India on a social networking platform without divulging the finer details.

P&G's New Boss Is Big Into Bollywood Movies

P&G's New Boss Is Big Into Bollywood Movies

Rediff.com   30 Jul 2025

Shailesh Jejurikar has 'always made an effort to stay close to his roots.'

Tesla Hits Indian Roads But Misses Mass Appeal

Tesla Hits Indian Roads But Misses Mass Appeal

Rediff.com   29 Jul 2025

Analysts believe Tesla will first focus on building the Model Y brand before expanding -- both in terms of volume and models.

Govt to Monitor Non-Essential Drug Prices

Govt to Monitor Non-Essential Drug Prices

Rediff.com   28 Jul 2025

The National Pharmaceutical Pricing Authority will monitor how companies are increasing prices of non-scheduled drugs.

'75+ IPOs Have Received SEBI Approval'

'75+ IPOs Have Received SEBI Approval'

Rediff.com   28 Jul 2025

'Listing of scaled Indian subsidiaries of multinational corporations as well as of Indian conglomerates continues to remain a key theme for IPOs in India.'

Coerced into signing documents: Sunjay Kapur's mother

Coerced into signing documents: Sunjay Kapur's mother

Rediff.com   26 Jul 2025

In her letter to the Sona BLW board, Rani Kapur said documents executed by her at a time of "mental and emotional vulnerability" were being misused.

A Showdown That Could Reshape India's Derivatives Market

A Showdown That Could Reshape India's Derivatives Market

Rediff.com   20 Jul 2025

The Jane Street-Sebi saga is more than a legal dispute -- it's a litmus test for India's ambitions as a global financial hub.

'Sensex Is Barometer Of Economy And Capital Markets'

'Sensex Is Barometer Of Economy And Capital Markets'

Rediff.com   18 Jul 2025

'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'

Jane Street puts lens on high-frequency trading, quant firms

Jane Street puts lens on high-frequency trading, quant firms

Rediff.com   15 Jul 2025

Sebi aims to stay proactive as HFT and quant firms like Citadel Securities, Optiver, Millennium, and IMC Trading are expanding rapidly in India, which is home to the world's largest derivatives market by contracts traded.

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Rediff.com   9 Jul 2025

Promoters of India's top private listed companies have cut their stakes sharply since 2021, taking advantage of elevated valuations and reshaping ownership dynamics in the market. Holdings of promoters in the top 200 privately owned listed firms declined nearly 600 basis points (bps) to 37 per cent at the end of FY25, from 43 per cent in FY21.

EV Sales Surge on Back of Government Push; Hybrids Lag

EV Sales Surge on Back of Government Push; Hybrids Lag

Rediff.com   8 Jul 2025

Despite the benefits of hybrid technology, a lack of government backing and few launches have kept the segment from gaining ground.