Sundar Sethuraman &Amp;Amp; Shivani Shinde

Stories by Sundar Sethuraman &Amp;Amp; Shivani Shinde

IPO Market Set For Record-Breaking Diwali

IPO Market Set For Record-Breaking Diwali

Rediff.com   3 Oct 2024

IPOs worth Rs 50,000 crore including Hyundai, NTPC Green Energy and Swiggy are set to hit the market in late October or early November.

IT Firms Cautious On Salary Hikes

IT Firms Cautious On Salary Hikes

Rediff.com   26 Sep 2024

The good news is that salary hikes are expected, though it is uncertain when they will be implemented.

'IPOs Are In A Sweet Spot'

'IPOs Are In A Sweet Spot'

Rediff.com   24 Sep 2024

'IPOs have performed exceptionally well, with a notable increase in average ticket size from Rs 800 crore in the last financial year to around Rs 1,300 crore in this financial year.'

Ordering Food Online? Read This

Ordering Food Online? Read This

Rediff.com   19 Sep 2024

There's an average aggregator premium of Rs 46 per dish (in hidden costs) compared to delivery orders placed on restaurants' own channels. Conservatively, this translates into an additional annual financial burden of at least Rs 12,000 for the average Indian household in major metro/Tier-I cities.

WhatsApp's Plan For Small Businesses

WhatsApp's Plan For Small Businesses

Rediff.com   13 Sep 2024

Meta announced a first-of-its-kind initiative called 'WhatsApp Bharat Yatra', where the company will go to Tier-II and Tier-III cities to provide on-ground, in-person training to small businesses.

70% Of Fortune 500 Book Passage To India

70% Of Fortune 500 Book Passage To India

Rediff.com   12 Sep 2024

'India has undeniably become the GCC capital of the world.'

'On Track For Best-Ever IPO Year In India'

'On Track For Best-Ever IPO Year In India'

Rediff.com   10 Sep 2024

During the first eight months of CY24, 50 IPOs mobilised Rs 53,453 crore.

Street Signs: F&O seismic shift, IPO fervour going strong, and more

Street Signs: F&O seismic shift, IPO fervour going strong, and more

Rediff.com   9 Sep 2024

With new eligibility criteria for futures and options (F&O) coming into effect, Jio Financial Services and Zomato are strong contenders for inclusion in the derivatives segment, according to an analysis by Nuvama Alternative & Quantitative Research. The report suggests that these new F&O inclusions could also propel these two companies into the benchmark National Stock Exchange Nifty 50 during the March rebalancing.

IPOs Soar on Bullish Market

IPOs Soar on Bullish Market

Rediff.com   8 Sep 2024

The IPO filing-to-approval lapsing ratio this year is the best in three years, underscoring the improvement in the IPO market's buoyancy.

Why There Is A Surge In Demat Accounts

Why There Is A Surge In Demat Accounts

Rediff.com   6 Sep 2024

The total number of demat accounts in the country stood at 171.1 million as of August 31.

Why Freshers Are Turning Entrepreneurs

Why Freshers Are Turning Entrepreneurs

Rediff.com   4 Sep 2024

According to a recent survey, 67% of students polled intend to start their own business within 10 years of graduation.

WazirX looks for white knight; users set to lose 43% funds

WazirX looks for white knight; users set to lose 43% funds

Rediff.com   3 Sep 2024

Crypto exchange WazirX has said customers affected by the recent cyber attack will not be able to recover their full funds even as the firm looks to restructure. At a virtual press conference, the firm's advisor said at best the company might look to return 55-57 per cent of the money. "This is what can be returned to users with the benefit of this restructuring," said Jason Kardachi, managing director (restructuring), Kroll.

Zero-brokerage model on last legs with new fee rules

Zero-brokerage model on last legs with new fee rules

Rediff.com   3 Sep 2024

Leading brokers are expected to increase brokerage rates in the coming weeks, as they navigate a series of regulatory changes that are expected to squeeze profitability. According to industry sources, top brokers may soon begin charging for equity trades and raise the flat fees for intra-day and derivatives trading by 10-30 per cent. Several smaller players have already hiked their brokerage charges, signalling a potential end to the zero-brokerage era that has drawn millions of new investors into the stock market and fuelled active trading.

Is Finternet The Future Of Financial System?

Is Finternet The Future Of Financial System?

Rediff.com   29 Aug 2024

'It allows everybody to participate and controls all assets.' 'We want to have something that allows everyone to participate and control all kinds of assets.'

'If You Want To Invest Directly, Ensure...'

'If You Want To Invest Directly, Ensure...'

Rediff.com   27 Aug 2024

'...you evaluate three key factors before committing your money.'

How TCS Rewarded Investors In 20 Years

How TCS Rewarded Investors In 20 Years

Rediff.com   26 Aug 2024

TCS's mcap crossed $100 billion in 2018, 13.5 years after the IPO. It took only four more years to double its mcap to $200 billion.

Explained: The Boom In 2024 Right Issues

Explained: The Boom In 2024 Right Issues

Rediff.com   24 Aug 2024

With Rs 17,087 crore raised so far this calendar year, the total is already 2.4 times that of the full year of 2023, which stood at Rs 7,266 crore.

FPIs pulled out $1.8 bn from financial stocks in first half of August

FPIs pulled out $1.8 bn from financial stocks in first half of August

Rediff.com   22 Aug 2024

Foreign portfolio investors (FPIs) withdrew Rs 14,790 crore ($1.8 billion) from financial stocks in the first half of August, driven by global risk aversion sparked by US recession fears. Additional factors contributing to the decline in banking stocks included subdued earnings growth in the June quarter, concerns about slowing deposit growth, and stricter liquidity norms imposed by the Reserve Bank of India.

Pre-IPO allotments lose favour amid market buoyancy and larger float sizes

Pre-IPO allotments lose favour amid market buoyancy and larger float sizes

Rediff.com   21 Aug 2024

Pre-initial public offering (IPO) allotments have lost favour amid buoyancy in the market and increase in average float size this year. After hitting a record high in 2023, they have come to a halt, with just three companies opting for such placements totalling Rs 235 crore. This compares to eight deals worth Rs 648 crore during the same period of the previous year.

IPO Boom Fuel Investment Bankers' Fortunes

IPO Boom Fuel Investment Bankers' Fortunes

Rediff.com   21 Aug 2024

So far this year, bankers have earned Rs 1,226 crore for handling 45 IPOs, which together mobilised Rs 48,363 crore.