News for 'AMP Capital'

Should You Invest In Credit Risk Fund?

Should You Invest In Credit Risk Fund?

Rediff.com8 May 2024

Only investors with a higher risk appetite should enter these funds.

What Will Keep Nirmalaji Busy This Year?

What Will Keep Nirmalaji Busy This Year?

Rediff.com17 Jun 2024

Fresh plans of privatisation or divestment in central public sector enterprises and public sector banks might take a back seat this financial year because these may require a large consensus among coalition partners.

Rs 14,367 Crore: July's Record SIP Outflows

Rs 14,367 Crore: July's Record SIP Outflows

Rediff.com17 Aug 2024

'Those satisfied with returns and not expecting further rally could be booking profits and also stopping SIPs.'

Rising Sun resurgence: Jefferies' crystal ball on Japan's future

Rising Sun resurgence: Jefferies' crystal ball on Japan's future

Rediff.com5 Mar 2024

Nikkei 225 index hit the 40,000 mark for the first time ever on Monday, continuing its bull-run that saw the index reclaim its 1989 peak of 34,000 levels in February. as global investors latched on to Japan's biggest companies on improving shareholder returns, the weaker yen and booming corporate profits. Analysts remain bullish on Japan, mostly aided by gains in technology shares. Adoption of artificial intelligence (AI), according to a note by Morgan Stanley, is likely to benefit Japanese companies, which is almost at par with the US-based companies.

Which ITR Should You File?

Which ITR Should You File?

Rediff.com16 Feb 2024

A new schedule has been added to report income from cryptocurrencies and other Virtual Digital Assets.

Nirmalaji May Stick To Fiscal Deficit Target

Nirmalaji May Stick To Fiscal Deficit Target

Rediff.com26 Jun 2024

'Any finality in such matters requires political views. We will review it closer to the full Budget.'

Should You Take A Loan Against MFs?

Should You Take A Loan Against MFs?

Rediff.com3 Jul 2024

'If the portfolio growth rate is higher, take this loan. If it is lower, liquidate your investments.'

Invest In Stocks, Gold Or Bitcoin?

Invest In Stocks, Gold Or Bitcoin?

Rediff.com17 Jul 2024

'We expect market consolidation and recommend buying during market dips.'

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

Battle for short term money likely to turn more intense in March

Battle for short term money likely to turn more intense in March

Rediff.com13 Mar 2024

The need for money among banks, especially for short-term funds, may turn more intense in the last month of the financial year to feed the demand for capital for tax payments and meet year-end targets. The mobilisation of funds via the certificate of deposits (CDs) has seen a threefold increase to over Rs 60,000 crore in the fortnight that ended February 23 from around Rs 20,000 crore in the fortnight of January 26, 2024, according to the Reserve Bank of India (RBI) data.

MFs Pump Rs 1.8 Trillion Into Markets

MFs Pump Rs 1.8 Trillion Into Markets

Rediff.com29 Jun 2024

Domestic institutional investors pumped Rs 2.3 trillion into equities during H1 CY24. Of this, mutual funds contributed 80%.

'Private capex will depend on demand and supply situation'

'Private capex will depend on demand and supply situation'

Rediff.com14 Feb 2024

'The private sector will look to the budget to check whether there are any headwinds or tailwinds.'

Can Suryakumar help Mumbai Indians arrest poor run?

Can Suryakumar help Mumbai Indians arrest poor run?

Rediff.com6 Apr 2024

A fit-again Suryakumar Yadav will be expected to immediately deliver the goods when faltering Mumbai Indians and Delhi Capitals lock horns in a bid to arrest their slide in their Indian Premier League clash here on Sunday.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com12 May 2024

Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates and global trends this week, analysts said. News flows around the general election would also be tracked by investors, market experts said.

Pant's captaincy under lens as struggling DC take on inconsistent GT

Pant's captaincy under lens as struggling DC take on inconsistent GT

Rediff.com23 Apr 2024

Rishabh Pant's leadership skills will be under scrutiny as a struggling Delhi Capitals would seek a much-improved performance from their bowlers when they take on an inconsistent Gujarat Titans in the IPL in New Delhi on Wednesday.

Sectors & stocks analysts are betting on post the state poll outcome

Sectors & stocks analysts are betting on post the state poll outcome

Rediff.com13 Dec 2023

The S&P BSE Sensex and the Nifty50 have hit record highs amid the poll outcome-triggered bull frenzy at the bourses. Most analysts feel that the indices are on course to rise further over the next few months - till the general elections - albeit amid intermittent corrections - largely triggered by global developments. Bharatiya Janata Party's (BJP's) win in the three state elections of Madhya Pradesh (MP), Rajasthan and Chhattisgarh, analysts at Jefferies believe, reinforces the consensus expectations of a Modi win 2024 national elections with a greater likelihood of over 300 seats for the BJP.

'Preserve Capital In 2022'

'Preserve Capital In 2022'

Rediff.com21 Dec 2021

'For someone who wants to invest for the future or his family, diversification is necessary.' 'Diversify across asset classes -- equities, gold, real estate, fixed income, commodities, and even cryptocurrency.'

Zambia copper mine: Vedanta scouts for fundraise options

Zambia copper mine: Vedanta scouts for fundraise options

Rediff.com24 Apr 2024

Anil Agarwal-owned Vedanta Resources (VRL), which has hired Standard Chartered Bank to raise funds for its Konkola copper mine assets, says it is engaging with several potential partners for both short-term funds and long-term equity financing for the Zambian project. A Vedanta official said its commitment to optimising capital allocation and driving expansion is a key cornerstone of its strategy for the mines. It will enhance value creation and operationalise the Konkola Copper Mines (KCM).

Short-term margin overhang likely for Tata Communications

Short-term margin overhang likely for Tata Communications

Rediff.com24 Jun 2024

The management of Tata Communications presented its product-to-platform strategy and explained how it hopes to grow its new products and portfolios, and geographies. The management targets doubling of data revenue by FY27 to ~28,000 crore (implied 18 per cent annual revenue growth). The DPS (Digital Platform & Services) segment is likely to contribute over 60 per cent of data revenue.

India's defence sector a $138bn opportunity; HAL, BEL top buys: Nomura

India's defence sector a $138bn opportunity; HAL, BEL top buys: Nomura

Rediff.com17 May 2024

India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.

Mid, smallcap indices stay afloat in choppy January

Mid, smallcap indices stay afloat in choppy January

Rediff.com6 Feb 2024

The S&P BSE Midcap and the S&P BSE Smallcap indices have managed to stay afloat in a volatile January that saw the frontline indices hit their respective 52-week high levels and then slip. While the S&P BSE Sensex has lost over 2 per cent thus far in January, the S&P BSE Midcap and the S&P BSE Smallcap indices have gained nearly 2.5 per cent and 4 per cent, respectively during this period.

Why Cam Green Was Player Of The Match

Why Cam Green Was Player Of The Match

Rediff.com13 May 2024

Green pocketed just one wicket, but his tight overs put the necessary pressure on the DC scoreboard as the match slipped away from the visitors.

PE investments plummet to 6-year low in FY24

PE investments plummet to 6-year low in FY24

Rediff.com2 Apr 2024

Private equity (PE) investments in India have fallen to a 6-year low at $24.2 billion in the financial year ending March 2024. Investments via PE deals are down 47 per cent compared to FY23, when private equity deals worth $45.8 billion were signed. According to data sourced from Bloomberg, PE firms had signed record deals worth $80 billion in the financial year ending March 2022.

Brokerages divided on L&T's new order prospects, exposure to West Asia

Brokerages divided on L&T's new order prospects, exposure to West Asia

Rediff.com8 Feb 2024

Brokerage firms on Wednesday appeared divided in their calls on Larsen & Toubro (L&T) after the company's 2023-24 (FY24) October-December quarter (third quarter, or Q3) performance and guidance for the quarters ahead. While few stayed optimistic about the stock over future order inflow prospects, others saw increasing exposure to West Asia and fixed price contracts as a concern. In Wednesday's trade, L&T's share price closed at Rs 3,480 per piece, 4.22 per cent down from its previous day's close.

Tax poser in the way of Hyundai local arm listing

Tax poser in the way of Hyundai local arm listing

Rediff.com15 Feb 2024

South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is mulling an initial public offering (IPO) for its Indian arm to raise around $3 billion (at a valuation of up to $30 billion), and talks are in the early stages between the company and bankers, banking sources revealed. Hyundai Motor India Ltd (HMIL), however, declined to comment on the development.

Karnataka HC refuses to stay Byju's EGM on Feb 23

Karnataka HC refuses to stay Byju's EGM on Feb 23

Rediff.com21 Feb 2024

Karnataka high court on Wednesday refused to stay an emergency shareholder meeting called by select investors of Think and Learn Pvt Ltd -- the owner of Byju's -- to oust the company's Founder and CEO Byju Raveendran and his family from the leadership in the edtech firm. Byju's had approached the Karnataka HC seeking a stay on the EGM but the court only gave an interim relief that any resolution passed at the EGM on Friday cannot be implemented before the next court hearing. "It is further submitted that the conditions for convening the Extraordinary General Meeting (EGM) are not complied and no notice is issued as contemplated under Section 100 (3) of the Companies Act 2013," the court order said.

India Inc to tap pvt credit for new projects: PwC

India Inc to tap pvt credit for new projects: PwC

Rediff.com25 Apr 2024

Private credit is fast emerging as a major source of finance for projects in India as several entrepreneurs are looking for short-term debt to bridge the funding gap due to difference in pricing for equity dilution, top officials at PwC India said. They said while new private equity (PE) investments during the past two years have declined, several public market exits by PEs were observed during that period. Several companies are likely to approach capital markets in the near future to provide liquidity to PE fund investors.

IndiGo derosters 6 crew members over bomb scare on Delhi-Varanasi flight

IndiGo derosters 6 crew members over bomb scare on Delhi-Varanasi flight

Rediff.com30 May 2024

On May 28, following the bomb threat, which later turned out to be hoax, all the passengers were evacuated through emergency slides from the aircraft at the Delhi airport.

Delhi Capitals hold edge over Punjab Kings

Delhi Capitals hold edge over Punjab Kings

Rediff.com17 Apr 2021

As coach Ricky Ponting pointed out, he would expect a better "on his feet" thinking from the young captain.

Bear attack makes investors poorer by Rs 31 lakh cr

Bear attack makes investors poorer by Rs 31 lakh cr

Rediff.com4 Jun 2024

Equity investors suffered a massive loss of Rs 31 lakh crore on Tuesday as markets went into a tailspin with the BSE Sensex tumbling nearly 6 per cent as vote counting trends showed the BJP may not have a clear majority in the Lok Sabha polls. Erasing the record-rally of the previous trade, the 30-share BSE Sensex cracked 4,389.73 points or 5.74 per cent to settle at 72,079.05. During the day, the benchmark tanked 6,234.35 points or 8.15 per cent to hit a nearly five-month low of 70,234.43.

What CII wants Modi 3.0 govt to do to boost growth

What CII wants Modi 3.0 govt to do to boost growth

Rediff.com13 Jun 2024

Industry body CII on Thursday made a case for pushing reforms in sectors like land, labour, and agriculture by the Modi 3.0 government to accelerate economic growth, which is estimated to be around 8 per cent in the current financial year. CII president Sanjiv Puri said a lot of policy interventions in the past have put the economy on "a much stronger wicket". "The growth rate is poised to touch 8 per cent during the current year, marking the fourth consecutive year of above 7 per cent + growth.

PIX: Delhi Capitals unveil new jersey for IPL-14

PIX: Delhi Capitals unveil new jersey for IPL-14

Rediff.com19 Mar 2021

Delhi Capitals on Friday unveiled their official playing jersey for the upcoming 14th edition of IPL in an unique ceremony in the presence of fans.

94 new Indian entrants to Hurun rich list

94 new Indian entrants to Hurun rich list

Rediff.com27 Mar 2024

The global billionaires list witnessed as many as 94 new entrants from India, stated a report by Hurun India on Tuesday. Following a net addition of 84, the country's billionaire tally touched 271 with their combined wealth at $1 trillion, noted the report. Mukesh Ambani, chairman & managing director of Reliance Industries, is the only Indian to make it into the top 10 of the Hurun Global Rich List 2024, a ranking of billionaires in US dollar terms.

Share of L&T's slow-moving projects in order book at multi-year low

Share of L&T's slow-moving projects in order book at multi-year low

Rediff.com14 Aug 2023

The share of slow-moving orders in the overall order book of Larsen & Toubro (L&T) is at a multi-year low. This has led to a renewed focus on fast-moving orders. A mix of factors such as commodity price fluctuations, robust order inflow and strong sectoral demand have put capital goods order book in the fast lane, analysts and company executives said. L&T, with its large presence in the capital goods sector, is often seen as the bellwether for trends in this space.

How the markets will fare this week

How the markets will fare this week

Rediff.com7 Apr 2024

Global trends, macroeconomic data announcements and the start of the earnings season would be the major drivers for the equity markets in a holiday-shortened week, analysts said. Equity markets will remain closed on Thursday for Eid-Ul-Fitr. Trading activity of foreign investors, rupee-dollar trends and crude oil prices would also guide trends in markets.

Breaking the vault: Will MSCI grant HDFC Bank access?

Breaking the vault: Will MSCI grant HDFC Bank access?

Rediff.com17 Apr 2024

HDFC Bank's latest shareholding data showed that the room for foreign investment has fallen just 5 basis points short of the threshold set by Morgan Stanley Capital International (MSCI) to fully include the stock in its indices. Currently, the index provider has applied an adjustment factor of 0.5 since the foreign room is less than 25 per cent. Removal of the adjustment factor will result in inflows of a massive $4.8 billion (Rs 40,000 crore) into HDFC Bank, according to Brian Freitas, a New Zealand-based analyst with Periscope Analytics.

From bricks to stocks: Indian family houses take leap with new-found wealth

From bricks to stocks: Indian family houses take leap with new-found wealth

Rediff.com25 Jun 2024

Led by a new generation of entrepreneurs, India's family offices are shifting from traditional investments in physical and tangible assets like real estate to investing in technology, healthcare, and retail stocks. This new wave of family offices is engaging in stock market investments, including pre-IPO placements and secondary market operations. "Born into a world of technology, the next generation, especially those born after 2000, view technology as equally crucial as finance for running a business.

MFs Vs NPS? What Suits YOU?

MFs Vs NPS? What Suits YOU?

Rediff.com3 Jun 2024

Ramalingam Kalirajan explains the pros and cons of both investment types.

Record buyback of Rs 47,810 cr by 48 firms in 2023, highest in 6 yrs

Record buyback of Rs 47,810 cr by 48 firms in 2023, highest in 6 yrs

Rediff.com13 Jan 2024

As much as Rs 47,810 crore was spent on share buybacks by 48 companies in 2023 -- the highest amount since 2017. This surge in value was largely driven by a few large-sized issues, including those by Tata Consultancy Services (Rs 17,000 crore), Larsen & Toubro (Rs 10,000 crore), and Wipro (Rs 12,000 crore). In 2022, 58 companies had repurchased shares worth Rs 38,305 crore, according to data from Prime Database.