Sundar Sethuraman &Amp;Amp; Shivani Shinde

Stories by Sundar Sethuraman &Amp;Amp; Shivani Shinde

'Cyber attacks meant to smear India's reputation'

'Cyber attacks meant to smear India's reputation'

Rediff.com   9 Mar 2021

'The hackers' objectives were centred around smearing India's reputation, causing productivity loss, creating operational damage and seeking financial gains.'

IPOs find the going great as new issues get lapped up

IPOs find the going great as new issues get lapped up

Rediff.com   6 Mar 2021

The dozen firms to have listed following their IPOs have seen an average listing day gain of 49 per cent. IPO applicants have made money on all the deals, barring two, which saw modest declines on listing day.

E-learning, WFH power up notebook and laptop sales

E-learning, WFH power up notebook and laptop sales

Rediff.com   19 Feb 2021

For Q4CY20, PC shipments grew by 27 per cent year-on-year, said data from the IDC.

At Rs 9500 cr, Tatas' buyout of BigBasket will be biggest in online grocery space

At Rs 9500 cr, Tatas' buyout of BigBasket will be biggest in online grocery space

Rediff.com   17 Feb 2021

The deal, which is expected to close in the next four to five weeks, will give exit to investors Alibaba, Abraaj Group and IFC. The parties are awaiting approval from the Competition Commission of India (CCI).

Xiaomi maintains No.1 position in a bad year for smartphones

Xiaomi maintains No.1 position in a bad year for smartphones

Rediff.com   16 Feb 2021

The first half of the year (H1-2020) was marked by sluggish growth with demand down 26 per cent YoY, while the second half saw recovery. H2-2020 recovered with 19 per cent YoY growth, reports Shivani Shinde.

IT majors to focus on localised hiring

IT majors to focus on localised hiring

Rediff.com   15 Feb 2021

TCS, Infosys ramp up onshore hiring; Infosys committed to hire 25,000 over 5 years.

Over 80% of BSE stocks slide after the historic high

Over 80% of BSE stocks slide after the historic high

Rediff.com   29 Jan 2021

This correction has given a good entry for long-term investors. One should buy quality stocks and those with growth potential.

Low price denomination stocks dominate investor interest

Low price denomination stocks dominate investor interest

Rediff.com   13 Jan 2021

Of the 854 stocks that quoted less than Rs 20 on March 23, 2020 - when the Sensex hit more than a three-year low - 482 have doubled.

January likely to see IPOs worth Rs 8,000 crore

January likely to see IPOs worth Rs 8,000 crore

Rediff.com   12 Jan 2021

RailTel Corporation of India, Indigo Paints, Home First Finance Company, Indian Railway Finance Corporation, and Suryoday Small Finance Bank are among the companies looking to tap the market.

Nifty caps roller-coaster year just shy of 14,000-mark

Nifty caps roller-coaster year just shy of 14,000-mark

Rediff.com   1 Jan 2021

It took Nifty 25 sessions to cross 14,000 from 13,000-levels.

Rs 70,986 cr: Nov registers highest-ever FPI flows

Rs 70,986 cr: Nov registers highest-ever FPI flows

Rediff.com   21 Dec 2020

So far this month, another $4.5 billion (Rs 33,000 crore) has flown into domestic stocks.

Another mega IPO, Mrs Bectors Food subscribed 198 times

Another mega IPO, Mrs Bectors Food subscribed 198 times

Rediff.com   18 Dec 2020

The so-called high networth individual portion saw 620x more demand than shares on offer.

'If junk stocks are rising, one has to be careful'

'If junk stocks are rising, one has to be careful'

Rediff.com   16 Dec 2020

'Investors should put their money in stocks where the margin of safety is high.'

Burger King: Best listing day performance in over 3 years

Burger King: Best listing day performance in over 3 years

Rediff.com   15 Dec 2020

Through the IPO, Burger King has raised Rs 450 crore, which will be used to rollout new outlets and retire debt.

Bank, finance stocks make for nearly half of FPIs' record investment in Nov

Bank, finance stocks make for nearly half of FPIs' record investment in Nov

Rediff.com   15 Dec 2020

Experts said banking is a play on the economy and the latest buying into this space is underpinned by hopes of a sharper-than-expected recovery in the economy.

Govt's move to pare stake in Axis Bank fuels hope of divestment by stealth

Govt's move to pare stake in Axis Bank fuels hope of divestment by stealth

Rediff.com   11 Dec 2020

Last week, govt sold shares worth Rs 220 crore in the open market without making a formal announcement. The deal came to light only this week.

Why investors are regretting giving Gland Pharma IPO a miss

Why investors are regretting giving Gland Pharma IPO a miss

Rediff.com   24 Nov 2020

Gland Pharma, promoted by China's Fosun, has extended its gains, is up 40 per cent since its listing.

Morgan Stanley forecasts Sensex at 50,000 pts in 2021

Morgan Stanley forecasts Sensex at 50,000 pts in 2021

Rediff.com   18 Nov 2020

The brokerage believes the economic growth cycle is not fully priced in. It has revised upwards the earnings per share (EPS) estimate for Sensex.

Bankers stopped from sharing bidding data with investors

Bankers stopped from sharing bidding data with investors

Rediff.com   29 Oct 2020

Sebi has said investment banks should direct investors to original sources such as stock exchanges, where data is publicly available.

IPOs come out of deep freezer as markets revive

IPOs come out of deep freezer as markets revive

Rediff.com   25 Oct 2020

More cos could join the likes of Burger King and Antony Waste in giving listing another shot.