Shivani Shinde And Samie Modak

Stories by Shivani Shinde And Samie Modak

'Large Part Of Capital Needs To Be Met Via GIFT City'

'Large Part Of Capital Needs To Be Met Via GIFT City'

Rediff.com   11 minutes ago

'Foreign capital will continue to come directly into India, but companies have realised that GIFT City is a more cost-efficient way of channelling funds.'

Bengaluru-born is Apple's new boss of AI

Bengaluru-born is Apple's new boss of AI

Rediff.com   4 days ago

Amar Subramanya's appointment comes as John Giannandrea, Apple's senior vice-president for machine learning and AI Strategy, prepares to step down, transitioning to an advisory role before retiring in spring 2026.

WazirX Reboots Operations After Mega Hack

WazirX Reboots Operations After Mega Hack

Rediff.com   6 days ago

'We've not seen a crypto exchange come back after about 45 per cent of the value on the platform was impacted.'

Small and midcap multiples bubble, but PEG keeps lid on

Small and midcap multiples bubble, but PEG keeps lid on

Rediff.com   25 Nov 2025

Despite trailing the benchmark Nifty 50, small and midcap (SMID) stocks appear pricey on a 12-month forward price-to-earnings (P/E) basis. The Nifty trades at roughly 21x forward earnings, compared with around 28x for both the Nifty Smallcap 100 and Nifty Midcap 100 indices.

IPO Secondary Sales Soar Toward Rs 1 Trn

IPO Secondary Sales Soar Toward Rs 1 Trn

Rediff.com   20 Nov 2025

Market experts say India's IPO ecosystem has matured to support both primary and secondary issuance, rendering the mix less consequential.

India least favoured among emerging-market investors

India least favoured among emerging-market investors

Rediff.com   19 Nov 2025

Just over a year ago, India was investors' top pick among EMs. Its slide down the rankings follows $30 billion (over 2.5 trillion) of foreign selling over the past 12-13 months.

India's domestic IT spend set to touch $176 bn in 2026: Gartner

India's domestic IT spend set to touch $176 bn in 2026: Gartner

Rediff.com   19 Nov 2025

India's information technology (IT) spend is projected to touch $176.3 billion in 2026, rising 10.6 per cent from 2025, and outpacing the 9.8 per cent growth expected globally, according to the latest forecast by Gartner Inc., a business and technology insights company.

Cyberattacks on India Inc Rising

Cyberattacks on India Inc Rising

Rediff.com   19 Nov 2025

From January to June 2025, Kaspersky enterprise solutions blocked more than 200,000 spyware attacks on Indian organisations.

Groww shares jump 30% on market debut, valuation crosses $8.9 billion

Groww shares jump 30% on market debut, valuation crosses $8.9 billion

Rediff.com   13 Nov 2025

Shares of Billionbrains Garage Ventures, the parent of online broking platform Groww, soared nearly 30 per cent on their market debut on Wednesday, defying the recent trend of muted listings. The stock opened at Rs 112 and hit a high of Rs 134.4 before settling at Rs 128.85 on the NSE - a gain of 28.85 per cent over its issue price of Rs 100.

At Rs 506 trillion, derivatives turnover hit 12-month high in October

At Rs 506 trillion, derivatives turnover hit 12-month high in October

Rediff.com   13 Nov 2025

The average daily turnover (ADTV) in the derivatives market rose to a 12-month high in October, touching 506 trillion - up nearly 46 per cent since June - as volatility picked up and concerns over further regulatory tightening eased. Derivatives activity had slumped earlier this year after the Securities and Exchange Board of India (Sebi) capped weekly expiries to two days and discontinued weekly contracts on non-benchmark indices.

'Some IPOs Underperformed Due To...'

'Some IPOs Underperformed Due To...'

Rediff.com   6 Nov 2025

'...aggressive pricing amid volatility, but these are exceptions.'

600 Crore IPO Fees Light Up Diwali For I-Bankers

600 Crore IPO Fees Light Up Diwali For I-Bankers

Rediff.com   24 Oct 2025

With several $500 million-plus deals in the pipeline -- including ICICI Prudential AMC, Lenskart, PhonePe, Groww, PhysicsWallah, Meesho, Pine Labs, and Zepto -- investment bankers look poised for another year of hefty bonuses in 2025.

'TCS Can Survive Without H-1B Visas'

'TCS Can Survive Without H-1B Visas'

Rediff.com   21 Oct 2025

'We sent just 500 people from India to the US on H-1B visas. There is no dependence on H-1B visas.'

Aadhaar-Based Face Authentication Soon For Big Online Transfers

Aadhaar-Based Face Authentication Soon For Big Online Transfers

Rediff.com   16 Oct 2025

While UIDAI has given a nod for face authentication, banks need to join the process.

LG India is the most valuable consumer durable company

LG India is the most valuable consumer durable company

Rediff.com   15 Oct 2025

LG Electronics India made a dazzling market debut on Tuesday, ending 48 per cent higher than its issue price and surpassing its South Korean parent in market value.

Legal Tussles Rock India's IT Sector

Legal Tussles Rock India's IT Sector

Rediff.com   14 Oct 2025

2025 has seen a sharp rise in lawsuits targeting IT services and consulting companies, which now increasingly offer proprietary digital platforms and cloud services.

IPO Wave Hits 3 Decade Peak With 200 Filings

IPO Wave Hits 3 Decade Peak With 200 Filings

Rediff.com   13 Oct 2025

This marks the strongest DRHP filing tally since 1996, when 428 firms sought to enter India's equity markets.

Urgent Need For Data Sovereignty

Urgent Need For Data Sovereignty

Rediff.com   13 Oct 2025

'When global politics has some intervention on the core software one uses, and if you are cut off from your own data in critical workflows, sovereignty is no longer optional. It becomes a necessity.'

LG India signals 'future-ready' push with Rs 11.6K cr IPO

LG India signals 'future-ready' push with Rs 11.6K cr IPO

Rediff.com   2 Oct 2025

For LG Electronics India, the Rs 11,607 crore initial public offering (IPO) is not just a fundraising exercise. The company's senior executives describe it as a step towards becoming "future-ready", showcasing financial strength while preparing for the next phase of growth in a market they see as still underpenetrated.

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Rediff.com   30 Sep 2025

Tata Capital is set to launch India's largest ever initial public offering (IPO) by a non-banking financial company (NBFC), valuing the Tata group firm at Rs 1.38 trillion. This will make the company India's fifth-most-valued NBFC after Bajaj Finance (Rs 6.12 trillion), Bajaj Finserv (Rs 3.2 trillion), Jio Financial Services (Rs 1.87 trillion), and IRFC (Rs 1.59 trillion).