Rajesh Abraham In Chennai

Stories by Rajesh Abraham In Chennai

'Rising commodity price is a big worry'

'Rising commodity price is a big worry'

Rediff.com   29 Mar 2008

Richard Heald, Vice-Chairman and Amitabh Malhotra, Director of Rothschild spoke about the volatile market, its implications and how this is an opportunity for Rothschild in India. Heald said that rising commodity prices are worrisome. The inflationary pressures are a concern. He advised that corporates should be open to all financing options. Investors in general want to invest in cash generating assets and commodities. With no decoupling other markets will impact India too.

Mark Mobius positive on Indian markets

Mark Mobius positive on Indian markets

Rediff.com   25 Mar 2008

Mark Mobius, the 71-year old investment guru and executive chairman of Franklin Templeton Investments, has a positive view on the Indian market and feels that stock valuations have become attractive after the 27 per cent cut in benchmark equity indices since late January.Stating that it was difficult to predict the end of the current phase, Mobius said he expected the decoupling to continue in the long term.

Market fall: Is it a positive sign?

Market fall: Is it a positive sign?

Rediff.com   13 Mar 2008

Market analysts are divided over the current fall in stock prices. While some say it is a healthy sign of a mature bull market, others feel the Indian markets may have entered a corrective phase, which can last for one to two quarters.

FIIs may buy once markets stabilise, say analysts

FIIs may buy once markets stabilise, say analysts

Rediff.com   6 Mar 2008

Analysts are of the opinion that FIIs who have sold post-Budget, will buy once the market stabilises.

World's largest hedge fund firm now in India

World's largest hedge fund firm now in India

Rediff.com   26 Feb 2008

Renaissance Technologies, the world's largest hedge fund firm handling assets worth $35.4 billion (Rs 1,41,600 crore), has received approval from the Securities and Exchange Board of India to operate in the Indian stock markets as a foreign institutional investor.

Meet Gagan Rai, the new NSDL boss

Meet Gagan Rai, the new NSDL boss

Rediff.com   25 Feb 2008

Rai, who is as tall as Bhave at 5 feet 11 inches, has always been under his shadow, though he has been with NSDL since its inception 11 years ago. Only time will prove if he can grow as tall as Bhave in stature.

India to attract huge global funds

India to attract huge global funds

Rediff.com   20 Feb 2008

India is set to attract huge amount of inflows from global pension and endowment funds as the World Bank's private equity arm International Finance Corporation on Tuesday appointed Mercer, the world's largest fund adviser, to conduct an in-depth study on the Indian corporate sector.

Damodaran: Bold, smart, controversial

Damodaran: Bold, smart, controversial

Rediff.com   19 Feb 2008

M Damodaran took a bow as Sebi chief after many bold initiatives during his 3-year tenure.

India Inc makes a beeline for Nasdaq Portal Market

India Inc makes a beeline for Nasdaq Portal Market

Rediff.com   14 Feb 2008

It works like this. There is a section in the US called 144A securities, which was launched in August 15, 2007. Trading in 144A securities takes place only among qualified brokers, dealers and QIBs. Retail investors cannot participate in this segment.

Exchanges under scanner for Jan 21 crash

Exchanges under scanner for Jan 21 crash

Rediff.com   9 Feb 2008

Brokers did not allow retail investors to trade at lower levels, threatened them.

How smart operators brought down the market

How smart operators brought down the market

Rediff.com   8 Feb 2008

The stock market crash of January 21, when the benchmark indices dived to the maximum permissible limit of 10 per cent within minutes of opening, proved that it was not very difficult to manipulate the stock prices (however liquid they may be) and create a sense of panic among the stock investors.

Retail investors pay for high leveraged positions

Retail investors pay for high leveraged positions

Rediff.com   25 Jan 2008

Several smaller brokerages had no option but to sell their clients' shares to provide for margins. Marketmen said several bigger brokerage houses made stop-gap finance arrangement to pay the margins, in a move to retain the loyalty of high net worth clients when the market looks up.

UTI MF carrot for US-64 investors

UTI MF carrot for US-64 investors

Rediff.com   21 Jan 2008

The move follows the near Rs 60 crore (Rs 600 million) redemptions every month from the US-64 and ARS bonds in the last couple of years.

Hedge fund biggies get FII status

Hedge fund biggies get FII status

Rediff.com   16 Jan 2008

Some of the world's top hedge funds have been granted direct entry into the Indian stock markets, nearly three months after the Securities and Exchange Board of India imposed curbs on foreign investments through the participatory note (P-note) route.

Life insurers bet big on markets

Life insurers bet big on markets

Rediff.com   10 Jan 2008

In this financial year so far, insurance companies have invested around Rs 36,000 crore in the stock markets against around Rs 60,000 crore invested by the FIIs.

Tatas to resume stock broking

Tatas to resume stock broking

Rediff.com   8 Jan 2008

Tata Securities is all set to revive stock broking, given the current investor interest in equities.

Brokerages bet big on infra, banking scrips

Brokerages bet big on infra, banking scrips

Rediff.com   31 Dec 2007

Infrastructure, capital goods and agriculture-related stocks will continue their sizzling performance in 2008. Moreover, the financial services sector and selective real estate stocks are also expected to give handsome returns to investors in the new year, according to a Business Standard poll of leading brokerage houses.

Brokerages expect 15-20% returns in '08

Brokerages expect 15-20% returns in '08

Rediff.com   24 Dec 2007

After the third consecutive year of spectacular gains by the Indian stock markets, which saw the bellwether Sensex climbing nearly 39 per cent, investors can still expect returns of 15 to 20 per cent in 2008, according to a poll among top local and foreign brokerage houses.

Local brokerages lure talent from MNCs

Local brokerages lure talent from MNCs

Rediff.com   17 Dec 2007

Recent days have seen a clutch of local brokerage houses, including Way2Wealth, Fortune Financial Services, Antique Stock Broking, Centrum Capital, Avendus Capital and Ambit Capital, luring analysts and senior executives from foreign brokerage houses and leading local equity broking firms by offering meaningful equity stakes.

Edelweiss: A banker creates a success story

Edelweiss: A banker creates a success story

Rediff.com   14 Dec 2007

If Apple inspired the name selection, the culture within Edelweiss, which has grown from three members to a 1,200-plus organisation in a span of 12 years, is modelled on Infosys.