News for 'Ambit Capital'

Jet Air lenders likely to write off up to 25% of loans

Jet Air lenders likely to write off up to 25% of loans

Rediff.com18 Jan 2019

Under the resolution plan, the lenders would end up having a sizable portion of shares in the airline, if their boards of directors agree to convert part of their debt into equity.

89% family biz in India expect to grow in next 2 years: Survey

89% family biz in India expect to grow in next 2 years: Survey

Rediff.com16 Jun 2019

In terms of expansion, a little more than half of the family businesses are open to internationalisation, while 40 per cent are looking at diversification, a PWC survey said. Even Indian family businesses are increasingly looking at diversification and exploring newer markets, it added.

Sasikala brings EPS-OPS rift out in open

Sasikala brings EPS-OPS rift out in open

Rediff.com28 Oct 2021

The revived factionalism in the AIADMK, if not curbed now, has the potential to split the party vertically, warns N Sathiya Moorthy.

Old guard needs to make way for Congress to grow

Old guard needs to make way for Congress to grow

Rediff.com7 Dec 2020

By the looks of it, the Congress cannot hope to return to power even in election 2024. What it can do is to start from the bottom, hold organisational elections, which are honest, and co-opt those elected to form teams of office-bearers at all levels, right up to the working committee. By the very nature of the elections that they are going to lose, the party should use the interim to shore up youth power, or whatever remains, says N Sathiya Moorthy.

Government mulls selling $3 billion stake in ONGC

Government mulls selling $3 billion stake in ONGC

Rediff.com15 Jul 2014

The government will decide in August whether to sell a 5 percent stake in ONGC, a senior oil ministry official said, in a deal that would be worth $2.9 billion at current market prices.

UBS cuts India to 'neutral', upgrades China on reforms

UBS cuts India to 'neutral', upgrades China on reforms

Rediff.com18 Nov 2013

UBS added that its strategists are positively surprised by the scope and tone of the Plenum document.

The Jio effect? Vodafone India gets Rs 47,700-cr war chest

The Jio effect? Vodafone India gets Rs 47,700-cr war chest

Rediff.com23 Sep 2016

This equity capital infusion is the country's largest-ever FDI.

Around 4 lakh company secretaries fret over new law

Around 4 lakh company secretaries fret over new law

Rediff.com14 Apr 2014

There is no specific requirement for a private company under the new legal framework to appoint a company secretary.

Ola rides into profitability, but IPO not yet

Ola rides into profitability, but IPO not yet

Rediff.com21 Jul 2018

'Ola in India makes money on every ride. Our focus over the past couple of years has been to keep growing the market and our share in the market and build up on sustainable business,' says co-founder and CEO Bhavish Aggarwal.

What's in it for me in the upcoming Budget?

What's in it for me in the upcoming Budget?

Rediff.com18 Feb 2016

To incentivise the Micro and Small enterprise is to offer them lower rates of interest based on their business turnover

Modi's 3,583 km trip to Wuhan: A Risky Gamble?

Modi's 3,583 km trip to Wuhan: A Risky Gamble?

Rediff.com2 May 2018

'The meeting marks the first tentative step in the effort to understand whether the two largest Asian nations can co-exist peacefully while realising their aspirations.' 'Caution and watchful wariness will dominate the effort of both sides,' says Jayadeva Ranade, former RA&W officer and China expert.

Tejashwi Yadav: Novice who gave veterans a run for their money

Tejashwi Yadav: Novice who gave veterans a run for their money

Rediff.com11 Nov 2020

The 2020 assembly polls marked the coming of age of a politician who valiantly went down fighting an army of battle-hardened veterans.

Govt okays foreign investment in Alternative Investment Funds

Govt okays foreign investment in Alternative Investment Funds

Rediff.com28 Feb 2015

Under Sebi guidelines, AIFs can operate broadly in three categories.

What will CDS Rawat do?

What will CDS Rawat do?

Rediff.com31 Dec 2019

The CDS will have a significant role in higher defence planning and operational aspects of India's nuclear arsenal.

2020: BJP gained new grounds but farmers' protest pose challenge

2020: BJP gained new grounds but farmers' protest pose challenge

Rediff.com1 Jan 2021

Governments in most of the world saw their approval ratings dip as they struggled to contain the raging virus, which hit economy hard everywhere, but Indian politics followed a different script, with the outgoing year marking further shrinking of a rudderless Congress while the ruling BJP soared riding on Modi's enduring appeal.

Suvendu's fight against Mamata for political survival

Suvendu's fight against Mamata for political survival

Rediff.com30 Mar 2021

A victory in Nandigram would not only establish him as one of the tallest BJP leaders in Bengal but would push him miles ahead of others in the chief ministerial race if the party is voted to power.

'Ultimately, the markets should function as normal'

'Ultimately, the markets should function as normal'

Rediff.com20 Jun 2016

'Overall, the Indian economy is doing well.' 'Our economic fundamentals are strong and the early signs of recovery are sustainable.' 'This is positive for the market in the long run.'

Spare day traders, brokers tell FM

Spare day traders, brokers tell FM

Rediff.com14 Jul 2004

Forget stocks, MFs. Become a PE investor for just Rs 25 lakh

Forget stocks, MFs. Become a PE investor for just Rs 25 lakh

Rediff.com29 Jun 2018

Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.

With more seats, IndiGo pips Air India on international routes

With more seats, IndiGo pips Air India on international routes

Rediff.com9 Sep 2019

While IndiGo had 11.8 per cent of all the international seats to and fro India in the last week of August, Air India's seat share was 11.4 per cent. Emirates came third with 8.1 per cent, and rest of the airlines constituted 68 per cent of the seat share.

Kejriwal government introduces Lokpal amid criticism

Kejriwal government introduces Lokpal amid criticism

Rediff.com30 Nov 2015

Former AAP leaders Yogendra Yadav and Prashant Bhushan said the Bill was completely different from the one envisaged originally.

Govt may widen cost audit scope

Govt may widen cost audit scope

Rediff.com23 Mar 2009

This would bring between 20,000 and 25,000 firms under the ambit of cost audit. At present, only 44 industries and specific products within an industry come under cost audit. This covers around 6,000 firms but cost audits are conducted in only about 2,200 of these. The proposed change will have a major positive impact on the profession because more firms will have to mandatorily appoint a cost auditor and have cost accounting records audited on an annual basis.

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

Google picks up 7.7% stake in Reliance for Rs 33,737cr

Google picks up 7.7% stake in Reliance for Rs 33,737cr

Rediff.com15 Jul 2020

"We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Mukesh Ambani said at the company's annual general meeting.

ABCL becomes almost debt free; to go for IPO

ABCL becomes almost debt free; to go for IPO

Rediff.com12 May 2003

Having cleared 90 per cent of its debts of about Rs 70 crore (Rs 700 million), Amitabh Bachchan Corporation Ltd is planning to enter the capital market to raise funds for a couple of projects

Risk-free returns aren't enough

Risk-free returns aren't enough

Rediff.com16 Sep 2013

Indian households put bulk of savings in bank deposits and insurance; the returns are minimal. If you're part of this, change.

RBI proposes easier ECB norms, will it go a long way?

RBI proposes easier ECB norms, will it go a long way?

Rediff.com24 Sep 2015

According to the RBI proposal, companies can now take the ECB route for raising 10-year funds which is capped at five years now.

Why India Inc overlooked overseas market for fundraising

Why India Inc overlooked overseas market for fundraising

Rediff.com29 Nov 2017

A fundraising boom in the domestic market and tightening of the regulatory framework for overseas issues are responsible for this trend.

Debt exposure remains a big risk for infra king Gautam Adani

Debt exposure remains a big risk for infra king Gautam Adani

Rediff.com8 Sep 2020

Unlike RIL, the Adani group has not yet brought in any big stakeholders to refinance debt or expand.

Budget gets a thumbs up from India Inc

Budget gets a thumbs up from India Inc

Rediff.com1 Feb 2019

"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."

'A short and limited war would be a disaster'

'A short and limited war would be a disaster'

Rediff.com29 Jun 2020

'Open conflict would be a disaster for both China and India.'

Bhushan steps up attack on AAP's 'mahajokepal'

Bhushan steps up attack on AAP's 'mahajokepal'

Rediff.com29 Nov 2015

Stepping up the attack on the ruling AAP over the 2015 Delhi Janlokpal Bill, ousted party leader Prashant Bhushan on Sunday said that the proposed legislation is "completely" different from its previous 2014 version.

India needn't match China bullet for bullet

India needn't match China bullet for bullet

Rediff.com16 Oct 2020

All that India must aim for is to match China's military prowess adjusted to equal Beijing's India-specific military capability, argues Vivek Gumaste.

2020 is a critical year for the Indian economy

2020 is a critical year for the Indian economy

Rediff.com10 Jan 2020

'If India can only grow at 5%, why bother spending time on the country?' asks Akash Prakash.

Zimbabwe's 'Crocodile' Mnangagwa sworn in as new leader

Zimbabwe's 'Crocodile' Mnangagwa sworn in as new leader

Rediff.com24 Nov 2017

Mnangagwa, the country's former vice president, swore an oath of office to serve as interim president until a leader is elected at the polls next year.

Unsponsored ADRs, GDRs likely to get tax relief

Unsponsored ADRs, GDRs likely to get tax relief

Rediff.com1 Feb 2016

Budget may bring exemption for those backed by Indian securities other than shares

So, what lies ahead for the markets? A lot depends on these factors

So, what lies ahead for the markets? A lot depends on these factors

Rediff.com7 Jul 2015

Experts suggest domestic factors rather than the Greece crisis would determine the course of the Indian equities.

How best to nurse the weak banks back to health

How best to nurse the weak banks back to health

Rediff.com5 Nov 2018

The choice clearly is between prompt corrective action and slow but sure destruction, says Tamal Bandyopadhyay.

A new challenge for the railways

A new challenge for the railways

Rediff.com17 Mar 2015

Mr Prabhu has set the railways on a course of investing big .

India Inc eyes listings beyond Nasdaq, NYSE

India Inc eyes listings beyond Nasdaq, NYSE

Rediff.com8 Dec 2006

In pursuit of their global ambitions, domestic companies are looking to list their shares on exchanges in new geographies - not just New York or Nasdaq exchanges.