Samie Modak And Manojit Saha

Stories by Samie Modak And Manojit Saha

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Rediff.com   3 days ago

Promoters of India's top private listed companies have cut their stakes sharply since 2021, taking advantage of elevated valuations and reshaping ownership dynamics in the market. Holdings of promoters in the top 200 privately owned listed firms declined nearly 600 basis points (bps) to 37 per cent at the end of FY25, from 43 per cent in FY21.

'Scope for a further rate cut in this cycle itself, if...'

'Scope for a further rate cut in this cycle itself, if...'

Rediff.com   4 Jul 2025

'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'

'The RBI has started to support growth'

'The RBI has started to support growth'

Rediff.com   2 Jul 2025

'Deposit and lending rates have started to fall considerably. It is likely to spur investment and consumption of durables.'

Healthy balance sheets augur well for economy: RBI Governor Sanjay Malhotra

Healthy balance sheets augur well for economy: RBI Governor Sanjay Malhotra

Rediff.com   1 Jul 2025

Large tariffs by the United States administration and elevated geopolitical risk have increased near-term global financial stability risks, and along with weather events pose downside risks to domestic growth, Reserve Bank of India (RBI) Governor Sanjay Malhotra said in the foreword to the Financial Stability Report released on Monday.

'I Needed To Follow My Karma'

'I Needed To Follow My Karma'

Rediff.com   25 Jun 2025

'Once bitten, twice shy, I didn't take up the challenge this time...' 'I realised I had failed to follow my karma because I feared failure.'

'Federal Bank Has To Now Play Test Matches'

'Federal Bank Has To Now Play Test Matches'

Rediff.com   21 Jun 2025

'The brand, the team, and the people have to make the transition from playing league matches to Test matches.'

'Pressure On Dollar May Continue In Near Term'

'Pressure On Dollar May Continue In Near Term'

Rediff.com   12 Jun 2025

'Many global investors have been overweight on dollar assets, so some diversification or hedging is naturally expected.'

RBI considers fresh guidelines to curb mis-selling

RBI considers fresh guidelines to curb mis-selling

Rediff.com   10 Jun 2025

Concerned over the rise in mis-selling of products by banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) is examining whether to come up with norms to curb such practices. Observing that pushing financial products, such as insurance, indiscriminately to unaware consumers may be detrimental to their well-being, RBI Deputy Governor M Rajeshwar Rao said, "We are examining whether it necessitates framing of guidelines to address mis-selling of financial products and services by REs (regulated entities)."

For Now DIIs In Driver's Seat...

For Now DIIs In Driver's Seat...

Rediff.com   16 May 2025

The interplay between domestic and foreign capital will shape India's equity markets.

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

Rediff.com   3 May 2025

Domestic institutional investors (DIIs), mostly mutual funds and insurance companies, overtook foreign portfolio investors (FPIs) in ownership of NSE-listed companies in the March quarter of 2025. According to Prime Database, DIIs held a 17.62 per cent stake, up from 16.89 per cent in the December 2024 quarter.

From 96% holding to a sliver: How Gensol promoters made swift exit

From 96% holding to a sliver: How Gensol promoters made swift exit

Rediff.com   29 Apr 2025

When Gensol Engineering made its public market debut through a small and medium enterprises (SME) initial public offering (IPO) in September 2019, its promoters held a commanding 96 per cent stake. Now, that figure has shrunk to a "negligible" fraction.

'Clients Are In Risk-management Mode'

'Clients Are In Risk-management Mode'

Rediff.com   28 Apr 2025

'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'

Trade war hit on India likely to be limited: RBI

Trade war hit on India likely to be limited: RBI

Rediff.com   23 Apr 2025

The Indian economy could remain less affected by global trade wars than other countries because the two engines of domestic growth - consumption and investment - are likely to face a limited impact from such headwinds, according to an article on the 'State of the Economy' in the Reserve Bank of India's (RBI's) bulletin, released on Tuesday.

Trade war may fuel inflation: RBI bulletin

Trade war may fuel inflation: RBI bulletin

Rediff.com   20 Mar 2025

Escalating trade tensions amid a tariff war after Donald Trump took over as President of the United States (US) could adversely impact global growth and fuel inflation, an article on the "State of the Economy" in the Reserve Bank of India (RBI) monthly bulletin said.

Address grievance redressal promptly, RBI guv tells banks

Address grievance redressal promptly, RBI guv tells banks

Rediff.com   19 Mar 2025

'In this age of competition, we will not survive long if we do not provide quality service to our consumers'

CLSA lowers target price for IndusInd Bank to Rs 900 but sees 34% upside

CLSA lowers target price for IndusInd Bank to Rs 900 but sees 34% upside

Rediff.com   15 Mar 2025

Global brokerage CLSA has lowered its target price for IndusInd Bank from Rs 1,200 to Rs 900 while maintaining an outperform rating on the stock after the private lender disclosed a net worth hit of Rs 1,500 crore due to an accounting gap. The revised price target still implies an upside of 34 per cent from current levels.

Nifty Indices Rebalance Begins

Nifty Indices Rebalance Begins

Rediff.com   3 Mar 2025

The changes will take effect on March 28, with portfolio adjustments expected before the market closes on March 27.

'Ambition to double the business within three years'

'Ambition to double the business within three years'

Rediff.com   24 Feb 2025

'The way the bank is doing in the past 4-5 quarters, no reason to see why we will not be able to achieve that.'

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

Rediff.com   22 Feb 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to inflation aligning with the target and recognising the fact that monetary policy is forward-looking.

Equity MFs Gain Despite Selloff

Equity MFs Gain Despite Selloff

Rediff.com   13 Feb 2025

Among the 11 equity sub-categories, thematic funds received the highest net inflows at Rs 9,017 crore, followed by smallcap funds at Rs 5,721 crore and flexicap funds at Rs 5,698 crore.