Sundar Sethuraman, Ajinkya Kawale

Stories by Sundar Sethuraman, Ajinkya Kawale

India Has 73 Unicorns; RMGs Knocked Out

India Has 73 Unicorns; RMGs Knocked Out

Rediff.com   19 Sep 2025

RMG firms Dream11, Games24x7, Gameskraft and MPL lost unicorn status after the gaming ban while fintech players led 11 new unicorns added in 2025.

Adani Airports To Test Pre-Booked Security Slots

Adani Airports To Test Pre-Booked Security Slots

Rediff.com   18 Sep 2025

If implemented in India, the service will allow passengers book security screening slots in advance, helping cut down wait times in long queues.

20 Million UPI AutoPay Revoked Monthly

20 Million UPI AutoPay Revoked Monthly

Rediff.com   15 Sep 2025

'There is a debit execution failure which is because there is not enough money in the user's bank account.'

'US Is An Important Market For Us'

'US Is An Important Market For Us'

Rediff.com   5 Sep 2025

Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.

BharatPe Bets Big On Online Payments

BharatPe Bets Big On Online Payments

Rediff.com   3 Sep 2025

'Our focus would be to onboard top 100 merchants in top 10 different segments.'

Rs 11.4 trn and counting, DII buying streak continues for 25th month

Rs 11.4 trn and counting, DII buying streak continues for 25th month

Rediff.com   2 Sep 2025

Domestic institutional investors (DIIs) poured in Rs 94,829 crore of fresh money into Indian equities in August, the second-highest monthly inflow after record Rs 1.07 trillion influx in October 2024.

Can UPI Stay Free Forever?

Can UPI Stay Free Forever?

Rediff.com   2 Sep 2025

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.

RMG Ban Will Be Clear Only When Rules Are Issued

RMG Ban Will Be Clear Only When Rules Are Issued

Rediff.com   30 Aug 2025

'Money moves in a web of transactions and payment addresses keep changing for offshore companies, which requires heightened monitoring measures.'

Trump's Tariffs Bites Surat's Diamond Industry

Trump's Tariffs Bites Surat's Diamond Industry

Rediff.com   25 Aug 2025

'We will be able to anticipate the full picture of the impact after August, which is also the time when demand for a year begins to peak ahead of the December holidays and Valentine's Day.'

Pre-IPO deals moderate after peaking in 2023

Pre-IPO deals moderate after peaking in 2023

Rediff.com   22 Aug 2025

Pre-initial public offering (IPO) allotments have fallen out of favour over the past two years amidst buoyant primary markets and increasing average float sizes. In 2023, 13 firms raised a record Rs 1,074 crore through pre-IPO placements.

Investors Bet $1B on Real-Money Gaming

Investors Bet $1B on Real-Money Gaming

Rediff.com   22 Aug 2025

'The essence of RMG is that users participate in skill-based games for financial reward, so this law would directly affect this operating model for both users and gaming companies.'

Casual Gaming To Gain From RMG Ban

Casual Gaming To Gain From RMG Ban

Rediff.com   22 Aug 2025

'There is responsibility to make great games that are played by audiences, that fill the gap from an entertainment perspective.'

RMG Cos Stunned By Ban Bill

RMG Cos Stunned By Ban Bill

Rediff.com   21 Aug 2025

What has surprised the industry is that the Bill has been tabled without any consultation. Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue.

How Gaming Firms Plan To Make Money

How Gaming Firms Plan To Make Money

Rediff.com   20 Aug 2025

Indian game studios managing to make money out of casual games just show how the Indian gamer is ready to spend money on games.

How India Spends: A Revealing Story

How India Spends: A Revealing Story

Rediff.com   19 Aug 2025

Nearly 7 out of every 10 P2M UPI transactions take place in high frequency categories like groceries, restaurants, pharmacies, fuel service stations, bakeries and utility services such as electricity, gas, water and sanitation.

With 3 mn new entries, demat a/cs see biggest spike in July since Dec

With 3 mn new entries, demat a/cs see biggest spike in July since Dec

Rediff.com   14 Aug 2025

Domestic markets saw the addition of nearly 3 million new dematerialised (demat) accounts in July, marking the highest monthly increase since December 2024. This is also the third consecutive month that witnessed a rise in account openings, following a period of moderation from January to April.

DIIs' dominance on the bourses gets stronger

DIIs' dominance on the bourses gets stronger

Rediff.com   11 Aug 2025

After overtaking foreign portfolio investors (FPIs) in market ownership, domestic institutional investors (DIIs) have further solidified their dominance. DII ownership reached a new all-time high of 17.82 per cent as of June 2025, up from 17.62 per cent at the end of March 2025, according to an analysis by Prime Database.

'A Pilot's Job Requires Tremendous Physical, Mental Capabilities'

'A Pilot's Job Requires Tremendous Physical, Mental Capabilities'

Rediff.com   28 Jul 2025

'The overall well-being of the pilots should be at the top of any airline's agenda in such situations.'

IPOs Struggle To Attract Retail, HNIs

IPOs Struggle To Attract Retail, HNIs

Rediff.com   21 Jul 2025

Market watchers link the pullback to underwhelming listing-day performance and the lack of big-name IPOs.

SBI eyes Rs 25,000 crore via record QIP, sets floor at 2.5% discount

SBI eyes Rs 25,000 crore via record QIP, sets floor at 2.5% discount

Rediff.com   17 Jul 2025

State Bank of India (SBI), the largest lender in the country, has launched a share sale to institutional investors to raise upto Rs 25,000 crore, the biggest qualified institutional placement (QIP) so far by an Indian firm, and has set a floor price of Rs 811.05, which is at a 2.5 per cent discount on Wednesday's closing price.