Sohini Das &Amp; Sachin P Mampatta

Stories by Sohini Das &Amp; Sachin P Mampatta

500 Years For You To Match CEO's Pay!

500 Years For You To Match CEO's Pay!

Rediff.com   28 Jan 2025

The share of companies where it would take over 100 years for a median employee to earn the equivalent of their top executive's annual salary rose to 65 per cent in FY24 from 61 per cent in FY19.

GBS Disease: 16 Patients On Ventilator

GBS Disease: 16 Patients On Ventilator

Rediff.com   27 Jan 2025

Water samples from different parts of Pune have been sent to the public health laboratory for chemical and biological analysis.

Interest coverage ratio of unlisted cos at 30-year high

Interest coverage ratio of unlisted cos at 30-year high

Rediff.com   17 Jan 2025

Excess earnings of unlisted companies over and above their interest costs are at a record level. The interest-coverage ratio of 2.94 is the highest going back to 1990-91, according to numbers from the Centre for Monitoring Indian Economy (CMIE). The ratio measures earnings relative to every rupee to be paid as interest on outstanding debt.

Rents Hit Two Decade High!!

Rents Hit Two Decade High!!

Rediff.com   17 Jan 2025

The share of rent in consumption expenditure has risen to 6.58%, according to the Household Consumption Expenditure Survey 2023-2024. This is the highest it has been in surveys going back to the turn of the millennium.

New Govt Infrastructure Projects Down by Over 20% in December Quarter

New Govt Infrastructure Projects Down by Over 20% in December Quarter

Rediff.com   15 Jan 2025

Both new and completed project values as of December 2024 remain below pre-pandemic levels seen in 2019.

New Tata EVs will run 500 km on single charge

New Tata EVs will run 500 km on single charge

Rediff.com   13 Jan 2025

As battery prices drop, early customers of Tata Motors, which was the first mover in the passenger EV market, could feel let down.

How is Tata Motors gearing up to face competition?

How is Tata Motors gearing up to face competition?

Rediff.com   8 Jan 2025

Why is Shailesh Chandra, managing director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, not worried about the competition?

Tata Punch Knocks Out Maruti!

Tata Punch Knocks Out Maruti!

Rediff.com   7 Jan 2025

While Maruti held the top spot for four decades, the Ambassador was the best-selling car in post-Independence India for three decades.

PMS players breach threshold, set to have non-EPFO assets of over Rs 10 trn

PMS players breach threshold, set to have non-EPFO assets of over Rs 10 trn

Rediff.com   29 Dec 2024

When star mutual fund managers quit their jobs to start their own ventures, they have often begun their new innings by becoming portfolio management service (PMS) providers. Over the years there has been an influx of fund managers - they could earn big if they succeeded on their own - and alongside there are wealthy clients looking for an edge beyond that offered by traditional mutual funds.

Honda-Nissan Merger: What About India?

Honda-Nissan Merger: What About India?

Rediff.com   24 Dec 2024

Two Japanese auto giants, Honda and Nissan, are moving towards a potential merger, but it remains unclear how their Indian operations will be immediately impacted.

This is one of the largest health-care deals in India

This is one of the largest health-care deals in India

Rediff.com   13 Dec 2024

'Along with Blackstone, we would be keen to look at opportunities in the North.'

Will Skoda's New SUV Kylaq Make It big?

Will Skoda's New SUV Kylaq Make It big?

Rediff.com   12 Dec 2024

The company is eyeing sales of 8,000 units per month for the Kylaq, which starts at Rs 7.89 lakh (ex-showroom) and boasts 96 per cent localisation.

Lorries Being Gifted This Wedding Season!

Lorries Being Gifted This Wedding Season!

Rediff.com   27 Nov 2024

Another trend: A preference for coloured diamonds among brides, who are pairing them with their groom's birthstone. So, along with yellow or white diamonds, they are choosing pink, green, blue sapphires, emeralds or red rubies.

Over 40% of Sedans Are CNG-Powered

Over 40% of Sedans Are CNG-Powered

Rediff.com   25 Nov 2024

Compact sedans (Maruti Dzire, Hyundai Aura, Tata Tigor)' share in the overall sedan category grew from 68% in 2021 to 74.6% in 2024. Mid-sedans' (Honda City, Maruti Ciaz, Volkswagen Virtus) share declined from 26.2% in 2021 to 20.2%.

Medical Tourism Revenue Takes A Hit After Govt Stops Visas For Bangladeshis

Medical Tourism Revenue Takes A Hit After Govt Stops Visas For Bangladeshis

Rediff.com   18 Nov 2024

According to a recent CareEdge Ratings report, Bangladesh accounts for around 50-60 per cent of India's total medical tourism inflow

Sedans Ready To Take On SUVs

Sedans Ready To Take On SUVs

Rediff.com   12 Nov 2024

Sedans and hatchbacks have both lost market share to SUVs, which now account for more than 50% share of the 4 million-odd-unit PV market in the country.

2nd time in 20 yrs, manufacturing jobs outpace sector growth

2nd time in 20 yrs, manufacturing jobs outpace sector growth

Rediff.com   24 Oct 2024

In a relatively rare occurrence, the growth in manufacturing jobs exceeded the pace of sector growth in 2022-23 (FY23). The number of persons engaged in the segment grew by 7.43 per cent in FY23, according to figures from the Annual Survey of Industries (ASI) released on September 30. The gross value added for the manufacturing sector grew by 4.24 per cent in current prices and declined by 2.2 per cent in real terms for FY23, according to earlier annual figures released by the government.

Canada FDI has more than doubled since pandemic

Canada FDI has more than doubled since pandemic

Rediff.com   23 Oct 2024

Canada's foreign direct investment (FDI) into India doubled after the pandemic years even as India's own investments into Canada show signs of slackening in recent years. The cumulative equity FDI inflows from Canada rose from $1.8 billion in March 2019 to $3.9 billion in March 2024, shows data from the Department for Promotion of Industry and Internal Trade (DPIIT). The overall share is up from 0.42 per cent to 0.57 per cent during the same period, suggesting that Canadian FDI grew faster than overall FDI during this period

Lower input costs may aid pharma firms' Q2 margins

Lower input costs may aid pharma firms' Q2 margins

Rediff.com   21 Oct 2024

Analysts are expecting pharmaceutical companies to post sales growth of 10-11 per cent in the second quarter this financial year while the Ebitda (earnings before interest, tax, depreciation, and amortisation) margins are anticipated to improve by about 110 basis points. Ebitda improvement will be led by lower input costs because prices of active pharmaceutical ingredients (APIs) are 5-15 per cent lower year-on-year (Y-o-Y). Axis Capital said sales growth would be around 10 per cent, of which growth in the India market would be 11 per cent or so.

The Truth About India's Housing Prices

The Truth About India's Housing Prices

Rediff.com   21 Oct 2024

Housing prices in India have fallen by over a tenth in real terms. Yet, prices are unaffordable for most Indians. Middle-income Indians are seen to be able to afford houses if the price-to-income ratio is five. It is 11 in India.