All stories by Krishna Kant
Grumble of slowdown is getting louder for India Inc
Rediff.com23 Aug 2019The companies' combined net profit declined by 10.1 per cent y-o-y during June '19 quarter against 26.2 per cent y-o-y growth a year ago.
India Inc's profits one of the lowest among major economies
Rediff.com19 Aug 2019Combined net profit of BSE500 companies at $ 63 bn is 2.3% of GDP; global average is 5%.
Post-Budget blues: Investors lost Rs 1.33 trillion
Rediff.com6 Aug 2019This amount does not include losses suffered indirectly through investment in mutual funds (MFs) and insurance companies.
A record 101 BSE500 firms have skipped paying dividend
Rediff.com17 Jul 2019The list of companies skipping dividends in FY19 includes some of the country's largest firms and industry leaders such Tata Motors, Avenue Supermart, Future Retail and Vodafone Idea, among others.
Rate cut may not spur corporate capex
Rediff.com18 Jun 2019Historically, there has been no correlation between growth in bank credit to industry and lower benchmark interest rate
Borrowing costs come back to bite earnings of India Inc
Rediff.com6 Jun 2019The combined interest payment for India's top listed companies, excluding financial and oil and gas firms, was up 15.2 per cent year-on-year during the six months ended March 2019, outpacing the change in net sales and operating profit.
FPIs bring in Rs 40,000 crore in 3 months
Rediff.com4 Apr 2019The risk-reward ratio could turn adverse for foreign investors if corporate earnings disappoint by wide margins, or if crude oil prices spike in the international market, putting pressure on the rupee-dollar exchange rate.
Bajaj biggest gainer, Anil Ambani biggest loser in Modi Sarkar
Rediff.com2 Apr 2019The Hinduja Group, Mukesh Ambani, Murugappa, and the Adani groups were the other gainers in the Modi regime, while Naveen Jindal and Sun Pharma groups saw the most erosion in their m-cap in the last five years, reports Krishna Kant.
Corporate earnings take a big knock in Q3
Rediff.com28 Feb 2019Analysts attribute this fall to the recent moderation in energy (mainly crude oil) and commodity prices, lowering of input costs for companies in sectors such as FMCG, consumer durables, and automobiles, reports Krishna Kant.
Harsh reality check for India's realty developers
Rediff.com15 Jan 2019Listed realty developers saddled with unsold properties worth Rs 1 trillion
India's 6 most cash-rich promoters; Azim Premji is No 1
Rediff.com11 Jan 2019India's cash-rich promoters are not the same as the wealthiest. For example, Mukesh Ambani is the richest Indian based on his stake in Reliance Industries, followed by Premji, the Adani family of the Adani group, and Radhakishan Damani of Avenue Supermarts.
Economy in bad shape, but rich year for tycoons
Rediff.com27 Dec 2018Mukesh Ambani remains the country's wealthiest promoter as his stake in Reliance is now worth Rs 3.25 trillion!
NBFCs need fresh capital to be in race
Rediff.com2 Nov 2018Most NBFCs will have to slow down their loan growth. Some of the most leveraged will have to sell a part of their assets (or loan book) to banks to raise incremental capital. Others may have to knock on the door of their deep-pocketed parents.
Govt's lopsided plan to meet divestment target
Rediff.com25 Oct 2018The finance ministry has short listed 11 PSUs for a possible buyback of shares in the ongoing financial year
Early bird Q2 numbers off to promising start
Rediff.com22 Oct 2018The combined revenues of these firms were up 33.1% YoY, growing at the fastest pace in at least three years
Dangers lurk, as India Inc chooses deleveraging over growth
Rediff.com11 Oct 2018Total net debt-equity ratio improves for third consecutive year, while investment in new projects hits a 10-year low, says Krishna Kant.
Falling profits, but CEOs rake in moolah
Rediff.com8 Oct 201827 large listed firms give double-digit hikes to top executives despite a decline in net profit.
IL&FS crisis: Was correction in NBFC stocks overdue?
Rediff.com1 Oct 2018Second-tier NBFC stocks are trading at 24.4x their trailing earnings, which is nearly twice their 15-year average of 13.9x
Why FMCG stocks are booming
Rediff.com31 Jul 2018HUL, ITC, Nestle, Colgate, Dabur, Britannia, Asian Paints, P&G are trading at nearly 48 times. The previous record high was 53 times at the end of March 1994.
Real reason why top IT cos have reported a decline in assets
Rediff.com18 Jun 2018The combined assets of the top five - Tata Consultancy Services (TCS), Infosys Technologies, Wipro, HCL Technologies and Tech Mahindra were down one per cent to Rs 27,7400 crore at the end of 2017-18, from Rs 28,0100 crore a year before.