Shrimi Choudhary, Samie Modak &Amp; Pavan Burugula

Stories by Shrimi Choudhary, Samie Modak &Amp; Pavan Burugula

Why TCS is number eight in free float market capitalisation

Why TCS is number eight in free float market capitalisation

Rediff.com   26 Apr 2018

HDFC Bank, Reliance Industries and Housing Development Finance Corporation (HDFC) -- with free-float market cap of over Rs 3 trillion -- have the highest weight in the Sensex and the Nifty.

'Markets will be fine if BJP forms a minority government'

'Markets will be fine if BJP forms a minority government'

Rediff.com   26 Apr 2018

The stocks could tank more than what it did after the United Progressive Alliance-1 came to power in 2004, as the market has not yet priced in a Bharatiya Janata Party defeat, says Raj Bhatt.

TCS powers Tatas into Rs 10 trillion m-cap club

TCS powers Tatas into Rs 10 trillion m-cap club

Rediff.com   21 Apr 2018

IT major nears $100 bn m-cap, accounts for 61% of the group's combined valuation.

RSS chief says Air India should be run by an Indian firm

RSS chief says Air India should be run by an Indian firm

Rediff.com   17 Apr 2018

He said no matter how much evolution happens in technology, India could never become a fully cashless economy.

I-T probe into NuPower hints at round-tripping

I-T probe into NuPower hints at round-tripping

Rediff.com   14 Apr 2018

The I-T department said NuPower's balance sheet did not substantiate the high premium paid by Singapore-based DH Renewables for its shares, and suspects it could be a case of round-tripping of unaccounted income by NuPower.

CBI looking into RBI's rationale for rushing 20:80 gold import scheme

CBI looking into RBI's rationale for rushing 20:80 gold import scheme

Rediff.com   9 Apr 2018

CBI officials, who questioned former RBI deputy governor H R Khan on Friday, wanted to understand from him why the gold scheme was rushed through without taking into the account the impact and potential misuse.

WhatsApp leaks force Sebi to scale up war on insider trading

WhatsApp leaks force Sebi to scale up war on insider trading

Rediff.com   7 Apr 2018

Strengthening of rules governing insider trading is among the key proposals in the agenda set by Sebi for 2018-19, along with making improvement to the Prohibition of Insider Trading Regulations (PIT) and Prohibition of Fraudulent and Unfair Trade Practices regulations.

Many India Inc biggies in Sebi's list of 2000 defaulters

Many India Inc biggies in Sebi's list of 2000 defaulters

Rediff.com   4 Apr 2018

SBI Capital, Axis Capital, GMR Holdings, United Breweries, Alpic Finance (a Cipla group unit), Saradha Realty, United Bank of India and Trident India are among the prominent entities named in the list.

Will IPOs this year give huge returns?

Will IPOs this year give huge returns?

Rediff.com   3 Apr 2018

The most sought-after IPOs of 2017-2018 reap handsome gains for investors, but will IPOs this year do well after listing?

Why FPIs are staying away from defence IPOs

Why FPIs are staying away from defence IPOs

Rediff.com   28 Mar 2018

Several institutional investors were ineligible to invest in these companies as they failed to meet the disclosure norms

Why markets are headed for worst 2-month drop since FY16

Why markets are headed for worst 2-month drop since FY16

Rediff.com   26 Mar 2018

The trade-war between the US and China is prompting investors to flee from risky assets, such as equities, to safe-haven bets, such as gold and treasuries

Sensex slumps 3,686 points since January 29

Sensex slumps 3,686 points since January 29

Rediff.com   24 Mar 2018

The market last tumbled 10% or more in December 2016 following demonetisation. The decline was followed by a sharp rebound. This time the chances of such a v-shaped recovery are less.

LIC saves the day for Rs 4200 crore IPO of Hindustan Aeronautics

LIC saves the day for Rs 4200 crore IPO of Hindustan Aeronautics

Rediff.com   21 Mar 2018

LIC's Rs 3,000 crore bid helped HAL reach the minimum 10 per cent dilution threshold required for listing, sources said

Price sensitivity issues dog PNB's fraud disclosures

Price sensitivity issues dog PNB's fraud disclosures

Rediff.com   18 Mar 2018

The challenge before the management is ensuring simultaneous disclosure of key information to stock exchanges and investigating agencies.

Task force lens falls on India Inc's subsidiaries in tax havens

Task force lens falls on India Inc's subsidiaries in tax havens

Rediff.com   17 Mar 2018

The task force has provided probe agencies with a list of attributes, including disproportionate investments, debt, advances or cash, to red-flag such firms.

SBI, ONGC and 8 other PSUs may be asked to cough up more tax

SBI, ONGC and 8 other PSUs may be asked to cough up more tax

Rediff.com   15 Mar 2018

If advance tax revenue fails to meet the expected growth, these PSUs could be asked to pay taxes on past demands raised against them.

Achche din for IPO investors

Achche din for IPO investors

Rediff.com   9 Mar 2018

2017 saw the highest-ever mobilisation by way of IPOs of close to Rs 700 billion. The momentum is expected to continue this year as well.

Employees colluded in LoU scam, PNB chief admits to ED

Employees colluded in LoU scam, PNB chief admits to ED

Rediff.com   3 Mar 2018

According to ED sources Sunil Mehta said the fraud took place due to "systemic failure" and "procedural lapses", owing to lack of interface or proper links between the core banking software and the SWIFT interbank messaging system.

I-T dept seizes Nirav Modi's vast art collection

I-T dept seizes Nirav Modi's vast art collection

Rediff.com   25 Feb 2018

Among the seizures were Indian masters such as FN Souza, VS Gaitonde, SH Raza, Amrita Sher-Gil and Akbar Padamsee, sculptures from Italy and the US, Chinese artwork and masterpieces by Xu Lei and Zeng Xiaojun.

Access norms for investment by FPIs eased

Access norms for investment by FPIs eased

Rediff.com   21 Feb 2018

Overseas funds have been spooked by several policy measures taken by the government in the past few years