All stories by Sachin P Mampatta
Why companies are chary of independent directors
Rediff.com18 Jan 2019As 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
Rediff.com22 Nov 2018The 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
Rediff.com14 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
Rediff.com14 Nov 2018The 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
Rediff.com8 Nov 2018ONGC, 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'
Rediff.com31 Oct 2018Coalition 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
Rediff.com19 Sep 2018The 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?
Rediff.com17 Sep 2018On 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
Rediff.com24 Aug 2018Sachin 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
Rediff.com13 Aug 2018The 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
Rediff.com25 Jul 2018Companies 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
Rediff.com24 Jul 2018If 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
Rediff.com1 Jun 2018The 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
Rediff.com24 May 2018Vikram Kothari's Rotomac stares at a loan default of Rs 369 crore
Kochhar family and the mystery of Credential Finance
Rediff.com3 May 2018Its registration is unusual because the firm appears twice in the RoC database, but different identification numbers.
Developed markets outperform India in 2015
Rediff.com13 Aug 2015Many giving double-digit returns, with India up less than one per cent; even so, it has done much better than other emerging markets.
Tracking 140 years' journey of the Bombay Stock Exchange
Rediff.com10 Jul 2015The exchange moved through many ups and downs through the years.
India slips to 10th spot in global m-cap ranking
Rediff.com7 May 2015Indian market has been plagued by negative sentiment and triggers
Remembrance: When Parag Parikh got (a little) angry
Rediff.com6 May 2015Value investor Parag Parikh's sudden death has come asa big jolt to the fraternity.
Dalal Street veteran Parag Parikh killed in US car accident
Rediff.com5 May 2015Parikh was in Omaha for Warren Buffett's Berkshire Hathaway meet