Sundar Sethuraman, Business Standard

Stories by Sundar Sethuraman, Business Standard

Rupee Slide Won't Crash Markets

Rupee Slide Won't Crash Markets

Rediff.com   14 Jan 2025

The markets need not tank every time the rupee depreciates sustainably over months.

'We Never Know What The Future Holds...'

'We Never Know What The Future Holds...'

Rediff.com   14 Jan 2025

'...I'll say this to my fellow Americans, the more ties that we have to more Indians and the more ways we can find to grow our economic and educational exchanges, the stronger America and India.'

Fundraising via equity, debt hit all-time high in 2024

Fundraising via equity, debt hit all-time high in 2024

Rediff.com   10 Jan 2025

Fundraising by Indian corporates through equity and debt reached all-time high in the calendar year 2024, according to primedatabase.com. The overall public equity fundraising stood at Rs 3.7 trillion in 2024, a rise of 159 per cent from Rs 1.4 trillion in 2023. If Rights Issues of Rs 25,973 crore were to be added, the overall equity fundraising would touch nearly Rs 4 trillion in 2024.

AI Takes Over Delhi Election Campaign

AI Takes Over Delhi Election Campaign

Rediff.com   9 Jan 2025

From dubbing voices to putting faces with the help of AI, political campaigns are undergoing a Bollywood makeover. Among the favourites is a scene from the Anil Kapoor-starrer Nayak, posted by the BJP, where Kapoor asks about the Chunaavi Vaade (poll promise), with Arvind Kejriwal at the receiving end instead of Amrish Puri.

Vande Bharat All Set For The Mountains

Vande Bharat All Set For The Mountains

Rediff.com   9 Jan 2025

The new Vande Bharat Express train is specially designed to operate seamlessly in Jammu & Kashmir's challenging winter conditions for the upcoming Katra-Srinagar rail route.

6 MF Entrants To Make 2025 Record Year

6 MF Entrants To Make 2025 Record Year

Rediff.com   8 Jan 2025

While Angel One and Unifi Capital have obtained the final licence, Jio BlackRock, Capitalmind, Choice International and Cosmea Financial Holdings have received in-principle approvals.

Thousands Mourn Dr Singh

Thousands Mourn Dr Singh

Rediff.com   4 Jan 2025

Dr Singh's eldest daughter Professor Upinder Singh gently reminded the gathering that this was a moment for prayer, not accolades.

Current Lok Sabha Sets Record For...

Current Lok Sabha Sets Record For...

Rediff.com   4 Jan 2025

The average age is 56, making the Lower House the oldest in India's parliamentary history and a year older than the previous Lok Sabha.

MF Equity Investments Top Rs 4 Trn For 1st Time

MF Equity Investments Top Rs 4 Trn For 1st Time

Rediff.com   4 Jan 2025

'We may see this momentum going into 2025 and may keep up with the demand, given the strong pipeline.'

Best Dec for IPOs since 1996: 15 firms collectively raised Rs 25,425 cr

Best Dec for IPOs since 1996: 15 firms collectively raised Rs 25,425 cr

Rediff.com   3 Jan 2025

Fifteen companies have launched their initial public offerings (IPOs) in December 2024, making it the best month for public offerings since 1996. Collectively, they have raised Rs 25,425 crore, which also made December the best month in terms of the quantum of funds raised. In December 1996, 33 companies had raised Rs 931 crore.

20 EV Launches In 2025

20 EV Launches In 2025

Rediff.com   2 Jan 2025

Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Hyundai and MG Motors are gearing up to introduce EVs in India.

How Dr Singh Changed Stockmarkets

How Dr Singh Changed Stockmarkets

Rediff.com   28 Dec 2024

'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'

Delhi Polls: BJP, Congress Take On AAP

Delhi Polls: BJP, Congress Take On AAP

Rediff.com   26 Dec 2024

The BJP and Congress have called out the 'Delhi model' as a hoax, built on sustained propaganda when the ground reality is different.

Offers Pour In At IITs' Placement Season

Offers Pour In At IITs' Placement Season

Rediff.com   24 Dec 2024

Major recruiters, with double-digit offers at IIT campuses this year so far, include American Express, Barclays, BCG, Cars24, Deutsche Bank, Goldman Sachs, Google, Intel India, Meesho, Micron Technology, Microsoft, OLA, Oracle, Reliance, and Qualcomm.

Stocks Crash: Worst Week in Years

Stocks Crash: Worst Week in Years

Rediff.com   21 Dec 2024

The week's losses wiped out investor wealth worth Rs 18.43 trillion, with the total market capitalisation of BSE-listed firms now at Rs 441 trillion.

Mobikwik leads IPO debut with 90% surge; Vishal, Sai Life gain around 40%

Mobikwik leads IPO debut with 90% surge; Vishal, Sai Life gain around 40%

Rediff.com   19 Dec 2024

All the three companies that made their stock market debut on Wednesday delivered huge day-one gains for investors. Shares of digital payment major One Mobikwik Systems surged 90 per cent, while that of fashion retailer Vishal Mega Mart and pharma firm Sai Life Sciences gained around 40 per cent each. These stellar debuts came despite the benchmark indices logging continuous declines since their initial public offerings (IPOs) closed on Friday.

'Next 2-3 Months Crucial For Equities'

'Next 2-3 Months Crucial For Equities'

Rediff.com   17 Dec 2024

'Geopolitics will be the most important driver of financial markets in 2025.'

Space Kidz Is Planning A Moon Mission

Space Kidz Is Planning A Moon Mission

Rediff.com   17 Dec 2024

If it becomes a reality, the Chennai-based company will become the first private player from India to conduct such a mission to the lunar surface.

FPIs account for 46.6% of shares sold in anchor category; highest since '21

FPIs account for 46.6% of shares sold in anchor category; highest since '21

Rediff.com   17 Dec 2024

Foreign portfolio investors (FPIs) have invested Rs 25,300 crore through the anchor book for IPOs in 2024, surpassing the Rs 20,351 crore invested by domestic mutual funds (MFs). FPIs accounted for 46.6 per cent of shares sold in the anchor category, the highest share since 2021, according to PRIME Database.

Investors return to IPOs with Rs 2.2 trillion bids across three offerings

Investors return to IPOs with Rs 2.2 trillion bids across three offerings

Rediff.com   14 Dec 2024

It is not just the secondary market that is witnessing a revival in fortunes. Even the initial public offering (IPO) market have roared back to life, with investors submitting bids worth over Rs 2.2 trillion on the three IPOs that wrapped up on Friday. Fashion retailer Vishal Mega Mart (VMM)'s IPO (fifth largest of the year) garnered 27.3x subscription, with bids exceeding Rs 1.6 trillion.