Sundar Sethuraman, Business Standard

Stories by Sundar Sethuraman, Business Standard

How Much Do Weddings Cost These Days?

How Much Do Weddings Cost These Days?

Rediff.com   14 Dec 2024

Wedding planner WedMeGood estimates that the average wedding budget has surged to Rs 36.5 lakh this year, with destination weddings averaging Rs 51 lakh.

89% Of GenZ Bets On AI Skills

89% Of GenZ Bets On AI Skills

Rediff.com   14 Dec 2024

Another major takeaway from Unstop's report is the growing disparity between academic preparation and corporate expectations.

'Quality Stocks Survive, Thrive In Downturns'

'Quality Stocks Survive, Thrive In Downturns'

Rediff.com   12 Dec 2024

'To be able to sail through such volatilities, it is prudent to focus on quality.'

'Always Identify A Potential Problem And Nip It In The Bud'

'Always Identify A Potential Problem And Nip It In The Bud'

Rediff.com   11 Dec 2024

'I think today RBI supervision is much sharper than what it was earlier.'

Indian Grad Employability to Hit 55%

Indian Grad Employability to Hit 55%

Rediff.com   11 Dec 2024

Maharashtra, Karnataka and Delhi are emerging as major hubs for employable talent.

618 Drugs 'Not Of Standard Quality'

618 Drugs 'Not Of Standard Quality'

Rediff.com   9 Dec 2024

Among the commonly used analgesic formulations (painkillers) found NSQ are combinations of paracetamol with ibuprofen, diclofenac and mefenamic acid. Medications using these combinations are commonly used to treat fever, mild migraine, period and muscle pain.

As markets gather steam, small, midcaps pip bluechips

As markets gather steam, small, midcaps pip bluechips

Rediff.com   4 Dec 2024

Small and midcaps are leading the charge in the latest market rebound. Since November 21, when the benchmark S&P BSE Sensex and the National Stock Exchange Nifty hit their recent lows and slipped into correction territory, the Nifty Smallcap 100 index has risen by 8 per cent, while the Nifty Midcap 100 has gained 5.7 per cent. Meanwhile, the Nifty 50 index has risen by 4.7 per cent during this period.

Global fund managers' India euphoria fizzling out

Global fund managers' India euphoria fizzling out

Rediff.com   25 Nov 2024

The recent global fund flow data suggests that one big cycle of foreign fund allocation into India may have come to an end and the trend could remain soft for a longer time, according to a report by Elara Capital. The note said last week's outflow of $302 million from India's dedicated funds is the largest since June 2022.

Vedanta slumps from Sept 30 peak: Is it a good entry point?

Vedanta slumps from Sept 30 peak: Is it a good entry point?

Rediff.com   22 Nov 2024

After climbing to a record high of Rs 523 on September 30, shares of commodity major Vedanta have come off over 15 per cent amid a fall in the overall markets. The Anil Agarwal-led firm's latest slump comes after its stock price doubled over the past one year. Is it a blip or a trend reversal?

FPI flows stumble on trail, edge closer to precipice

FPI flows stumble on trail, edge closer to precipice

Rediff.com   18 Nov 2024

After a brutal selloff since October, foreign portfolio investor (FPI) flows for the year-to-date (YTD) in 2024 have turned negative. In early September, YTD FPI investments peaked at a record Rs 22,000 crore ($2.6 billion). This wave of selling has also pulled down benchmark indices, with the Nifty's YTD returns declining to 11 per cent from their high of 21 per cent in September.

How To Combat Digital Crime Epidemic

How To Combat Digital Crime Epidemic

Rediff.com   16 Nov 2024

The fundamental responsibility for preventing such crimes and for bringing the criminals to justice rests with the State, and it cannot abdicate that function.

Are The Markets Headed For A Bubble?

Are The Markets Headed For A Bubble?

Rediff.com   11 Nov 2024

'The problem is that the bubble may not only be in valuations, but also in investors' minds.'

At Rs 1.2 trn, IPO mopup set to hit new high in 2024

At Rs 1.2 trn, IPO mopup set to hit new high in 2024

Rediff.com   8 Nov 2024

The calendar year 2024 is set to go down as the best year for initial public offerings (IPOs) in terms of funds raised. Following the IPOs of food delivery major Swiggy and two other companies slated for next week, this year's total will reach nearly Rs 1.2 trillion, going past 2021's record tally of Rs 1.19 trillion. Swiggy's Rs 11,327 crore IPO, the sixth-largest in India, and solar energy firm Acme Solar Holdings' Rs 2,900 crore IPO opened on Wednesday (Nov 6), while health-tech firm Sagility India's Rs 2,106 crore IPO opened a day earlier.

Market riptide pulls ADR below 1, charting course of unease

Market riptide pulls ADR below 1, charting course of unease

Rediff.com   31 Oct 2024

The advance/decline ratio (ADR) - a gauge of market breadth - has remained negative (below 1) for a second consecutive month. In other words, the number of stocks declining is outpacing those rising, as a brutal selloff by overseas investors and lofty valuations weigh on sentiment. According to BSE data, the ADR for October stands at 0.98 for the second month in a row.

Friday's Sensex Crash: Anything To Worry?

Friday's Sensex Crash: Anything To Worry?

Rediff.com   26 Oct 2024

'The economy is clearly at a very soft spot, and earnings growth is disappointing every day.' 'After three great years, the Indian economy has hit a rough patch.'

FPI selling tops $10 bn in Oct amid China shift

FPI selling tops $10 bn in Oct amid China shift

Rediff.com   22 Oct 2024

Foreign portfolio investors (FPIs) have net sold domestic shares worth over $10 billion so far this month amid a shift to China, which not only offers attractive valuations compared to India but has also announced several measures to support the economy and the stock market in recent weeks. If the trend doesn't reverse, this will be the first time that overseas funds will yank out more than $10 billion from Indian equity markets in a month.

6 Month Tenure For Next Chief Justice

6 Month Tenure For Next Chief Justice

Rediff.com   18 Oct 2024

Justice Sanjiv Khanna 'belongs to that school of legal luminaries who give the highest primacy to facts.'

Who's Who In Tata Trusts

Who's Who In Tata Trusts

Rediff.com   11 Oct 2024

The Tata Trusts, led by the Sir Ratan Tata Trust and the Sir Dorabji Tata Trust, hold a 66 per cent stake in Tata Sons, the Tata group's holding company.

Market Rout Shaves Rs 16 Trn From India's MCap

Market Rout Shaves Rs 16 Trn From India's MCap

Rediff.com   5 Oct 2024

On a five-day rolling basis, FPI selling is the highest in 24 years.

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.