Sachin P Mampatta

Stories by Sachin P Mampatta

'Indian economy is best performer in the world'

'Indian economy is best performer in the world'

Rediff.com   26 Feb 2019

'When I came here in 2002, I said you can grow at 8%.' 'And I was told that was crazy, and (now) here we are.'

Stockbrokers to set up shop overseas

Stockbrokers to set up shop overseas

Rediff.com   13 Feb 2019

'NRI interest has gone up in the past three-four years.'

Chanda Kochhar and 'clawback provisions'

Chanda Kochhar and 'clawback provisions'

Rediff.com   4 Feb 2019

'If she contests it, then these people will have to fight it in court.'

India will grow no matter who comes to power

India will grow no matter who comes to power

Rediff.com   22 Jan 2019

'People always short-change the resilience of the economy.'

Why companies are chary of independent directors

Why companies are chary of independent directors

Rediff.com   18 Jan 2019

As many as 104 listed companies have fewer independent directors than mandated by the regulations, according to the figures from Prime Database, reports Sachin P Mampatta.

Enemy shares may become govt's friend in need

Enemy shares may become govt's friend in need

Rediff.com   22 Nov 2018

The government's move to sell enemy shares comes when it is struggling to meet its target of raising Rs 800 billion from the sale of State assets in the fiscal year ending in March 2019. The Custodian of Enemy Property of India holds around Rs 3,000 crore worth of equity shares besides land and property across India.

The mystery about short-term capital gains tax data

The mystery about short-term capital gains tax data

Rediff.com   14 Nov 2018

'There is a huge tax differential of 15% to 20% depending on income classification.'

Sebi's plan to phase out physical shares runs into Rs 4trn hurdle

Sebi's plan to phase out physical shares runs into Rs 4trn hurdle

Rediff.com   14 Nov 2018

The top three companies in terms of the largest value of physical shares showed over 30 per cent shares are held in physical form. Two of the top three were part of the S&P BSE Sensex and the Nifty50 indices.

5 PSUs gave Rs 1.47 bn for Statue of Unity

5 PSUs gave Rs 1.47 bn for Statue of Unity

Rediff.com   8 Nov 2018

ONGC, Hindustan Petroleum, Bharat Petroleum, Indian Oil and Oil India listed the spending as part of their mandatory CSR commitment, but CAG noted that the Sardar Patel statue did not qualify for CSR funding.

'Markets are not going to be calm about elections'

'Markets are not going to be calm about elections'

Rediff.com   31 Oct 2018

Coalition governments aren't necessarily a negative for the economy, though they can result in negative outcomes in the stock market if not already priced in before elections.

Lehman@10: How the crisis unfolded

Lehman@10: How the crisis unfolded

Rediff.com   19 Sep 2018

The US market regulator Securities and Exchange Commission was doing what it could to stem the flow. It temporarily prohibited naked short-selling in the securities of major financial players including Freddie Mac and its sister firm Fannie Mae in July. But this didn't really help. It was only after global central banks pumped in unprecedented liquidity into global markets, that the storm was finally calmed.

Lehman crisis@10: Has the financial world changed for the better?

Lehman crisis@10: Has the financial world changed for the better?

Rediff.com   17 Sep 2018

On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.

Why Kerala can never forget the Flood of '99

Why Kerala can never forget the Flood of '99

Rediff.com   24 Aug 2018

Sachin P Mampatta goes back in time to recall a deluge that that has passed into lore in Kerala.

Top executives earn 3,000 times more than average staff

Top executives earn 3,000 times more than average staff

Rediff.com   13 Aug 2018

The top companies with a striking gap in pay between the senior-most executives and median employees in 2017-2018 belonged mostly to sectors such as information technology, auto and engineering.

CSR spending: India Inc's pathetic track record

CSR spending: India Inc's pathetic track record

Rediff.com   25 Jul 2018

Companies that have a net worth of at least Rs 500 crore, a turnover of Rs 1,000 crore or a net profit of Rs 5 crore are required to spend 2 per cent of their net profits on corporate social responsibility programmes.

Surprise! Sensex on a high but FIIs gain little

Surprise! Sensex on a high but FIIs gain little

Rediff.com   24 Jul 2018

If the rupee falls further, it would negatively impact the dollar-based returns of foreign investors, and could influence foreign flows into India.

Harshad Mehta's son to buy 23% pie in BSE-listed textile company

Harshad Mehta's son to buy 23% pie in BSE-listed textile company

Rediff.com   1 Jun 2018

The company's shares have since risen 88 per cent and closed at Rs 90 apiece on May 22.

Pan masala, pens and a failed forex deal

Pan masala, pens and a failed forex deal

Rediff.com   24 May 2018

Vikram Kothari's Rotomac stares at a loan default of Rs 369 crore

Kochhar family and the mystery of Credential Finance

Kochhar family and the mystery of Credential Finance

Rediff.com   3 May 2018

Its registration is unusual because the firm appears twice in the RoC database, but different identification numbers.

Developed markets outperform India in 2015

Developed markets outperform India in 2015

Rediff.com   13 Aug 2015

Many giving double-digit returns, with India up less than one per cent; even so, it has done much better than other emerging markets.