All stories by DEVANGSHU DATTA
Why most analysts are positive on Nykaa
Rediff.com4 Jul 2022FSN E-Commerce Ventures, the parent of Nykaa, has had a roller-coaster ride since listing last November. The initial public offering (IPO) was priced at Rs 1,125 apiece, and the stock listed at a 96 per cent premium, closing the first day at Rs 2,205 apiece. It subsequently hit a high of Rs 2,573 in late November, but has seen steady selling since, hitting a low of Rs 1,208 in May.
How Indians Dominate World Chess
Rediff.com13 Jun 2022In 2019, World Champion Magnus Carlsen was asked to guess the nationality of the reigning world champion in 2050. He responded: 'India will have had many by then!'
Aviation Industry Vulnerable To Cyberattacks
Rediff.com9 Jun 2022Aviation is a juicy target. It's a 24x7 industry, which cannot afford delays or loss of customer credibility.
Russia's Ukraine War May Impact ISRO
Rediff.com21 May 2022Lack of access to the cosmonaut training programmes would also be a hindrance for ISRO's planned manned missions, explains Devangshu Datta.
Defence equipment sector: Street suggests big upside
Rediff.com20 Apr 2022The move towards indigenisation of defence procurement creates new opportunities for India's military industrial sector. The Government of India (GoI) has so far released five lists of items for positive indigenisation - these should be manufactured in India, rather than imported. Each item on these lists represents an opportunity for some local firm.
Hard-hit businesses stocks are set for a good time
Rediff.com14 Apr 2022The key risks against a fast recovery would include long delays in business travel resumption, delays in commissioning, etc.
Expect Faster Growth From Mid-Sized IT Cos
Rediff.com6 Apr 2022But there would be greater safety in the larger ones.
Turnaround in sight for engineering, capital goods firms
Rediff.com6 Mar 2022Operating margins for some companies dipped in Q3, 2021-22 but this sector could be nearing the bottom of the cycle in terms of profits.
Confusion In The Crypto Universe
Rediff.com23 Feb 2022While the tax treatment does legitimise past crypto transactions, there is a possibility that any, or all, private cryptocurrencies will be banned in future.
Chandrayaan-3 Will Head To Moon In 2022
Rediff.com8 Feb 2022ISRO hopes to put a crew on the moon, but it has to learn how to keep people alive and healthy in space first.
Demographic Dividend: Has India failed to cash in?
Rediff.com18 Jan 2022India remains a young nation, but it will not get younger in future. India has not managed to noticeably improve education. Nor has it managed to create employment opportunities, observes Devangshu Datta.
Is the NFT you're buying authentic?
Rediff.com15 Jan 2022Figuring out the nuances in the NFT market will mean opening and examining multiple new cans of worms.
Uncertain Times? Gold good investment option
Rediff.com6 Jan 2022Given the economic trends, it might make sense to allocate some savings to gold.
Enforcing A Ban On Cryptos Is IMPOSSIBLE
Rediff.com24 Nov 2021Traders who pay in rupees generate over Rs 50 crore in daily cryptocurrency volumes. Indians actually invest a great deal more in forex-denominated trades, observes Devangshu Dutta, explaining why it is impossible to ban cryptocurrency.
Will Name Change Erase Faceook's Toxic Reality?
Rediff.com29 Oct 2021Adversarial Harmful Networks -- India Case Study, cited in Facebook whistleblower Frances Haugen's SEC complaints, revealed, among other things, that Facebook was a preferred platform for 'fear-mongering anti-Muslim narratives' in India, observes Devangshu Datta.
This path-breaking vaccine may win a Nobel, and it's for not Covid
Rediff.com20 Oct 2021The new malaria vaccine (RTS.S/ AS01, tentatively brand-named Mosquirix) is the very first one to offer immunity against a parasite -- specifically the plasmodium falciparum parasite, which is the deadliest of the five parasites that cause malaria.
El Salvador's crypto foray offers a cautionary tale for other countries
Rediff.com6 Oct 2021The tiny Central American nation of El Salvador has embarked on an interesting experiment by recognising bitcoin as legal tender. This is proving painful for many of its citizens but it's a useful "pilot" project for larger economies that are contemplating the peculiarities of this new asset class. El Salvador has a population of 6.5 million and GDP of about $27 billion.
Street finds comfort in hospitality stocks on hopes of recovery
Rediff.com28 Sep 2021The hospitality sector has been hit very hard by the pandemic. In the past 18 months, it has lost business, first because of the harsh lockdowns and after that because of lack of demand due to the ensuing economic slowdown. Most hospitality businesses have sustained low revenues and losses since April 2020. Is this the classic case of a beaten-down cyclical sector that may be close to bottoming out?
What are Sex-Workers Doing With Cryptos?
Rediff.com9 Sep 2021The OF saga has led to sex-workers looking at cryptocurrency as an alternative, notes Devangshu Datta.
Why investors should be wary of the 'unlock' trade
Rediff.com7 Sep 2021Starting with the third quarter of financial year 2020-21 (Q3FY21), we have seen "unlock" trades at various times. Whenever lockdowns have been eased, traders have taken long positions in consumer-facing businesses. Let's look at the logic. Since March 2020, sectors like retail, personal vehicles, hospitality, aviation, fast-moving consumer goods (FMCG), multiplexes, etc., have been under severe pressure. As a result, there's been a low base effect. Every company in these spaces has suffered top line contraction. Many suffered losses, especially in the first half of FY21.