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About 64 results for "uttam ghosh first"

Promoter stake in listed firms at 16-year low
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Promoter stake in listed firms at 16-year low

For the first time since 2001, promoter stake in BSE 500 decisively below 50% Illustration: Uttam Ghosh/Rediff.com Promoter shareholdings in listed companies has dropped to the lowest in almost 16 years. This is on the back of the emergence of professionally-managed companies with typically no identifiable promoters. Also, the regulatory diktat on companies to have a minimum 25 per cent public float has contributed to the gradual decline in promoter shareholdings. Some of the recent reduction ... Rediff.com, 1 week ago
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Sensex spikes 235 points as geo-political heat eases

The 50-share Nifty bounced 83.35 points, or 0.86 per cent, to 9,794.15 at close. Illustration: Uttam Ghosh/Rediff.com Stocks on Monday rose for the first time in six days, with the benchmark Sensex rebounding over 235 points to end at 31,449 as investors took comfort from tentative signs of tensions easing between the US and North Korea. Chinese president, for his part, urged both countries to restrain from activities that would raise geo-political temperature. Weak US inflation numbers tamped ...
 Rediff.com6 days ago
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Why winning in India is so important for Uber

The Indian arm is the second largest unit for the company, crosses 500 mn trips milestone Illustration: Uttam Ghosh/Rediff.com Ride-hailing behemoth Uber on Thursday said it plans to double its base of drivers in India to one million by 2018. The commitment comes amid the turmoil the company’s headquarters is going through, including for the search of a new chief executive to replace founder Travis Kalanick. Uber’s India arm, the second-largest unit for the company after it sold ...
 Rediff.com2 weeks ago
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FPIs invest over $25 billion in Indian markets in CY17

Liquidity pushed benchmark indices 22% higher to become the best performing equity market globally Illustration: Uttam Ghosh/Rediff.com Foreign portfolio investors (FPIs) have pumped in over $25.4 billion into the Indian equity and debt market segments thus far in calendar year 2017 (CY17), data with the National Securities Depository Limited (NSDL) show. The flows, analysts say, have come in on expectation of a revival in India's economic growth and recent government-backed reforms, ...
 Rediff.com3 weeks ago
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A lungi, Anil Kapoor and the story of the Internet

Interviewing Anil Kapoor, Syed Firdaus Ashraf discovered early, is a real pleasure.Illustration: Uttam Ghosh/Rediff.com "Why don't you interview Anil Kapoor?" the editor asked one afternoon. I was a fan of Anil Kapoor's, maybe just a tad less than my then favourite Govinda. Kapoor's career, which had been soaring high through the 1980s, had commenced its downward descent by the mid-1990s when the Khans began their ascent to the pinnacle of Bollywood. The ed wanted to know how Kapoor, whose ...
 Rediff.com3 weeks ago
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Why are these 500,000 people under I-T scanner?

This is in addition to 60,000 identified under Operation Clean Money 2.0 Illustration: Uttam Ghosh/Rediff.com The income tax (I-T) department has identified 556,000 people for scrutiny over “huge inconsistencies” in the cash deposits made during the demonetisation period. This is the new addition to the tax data that had identified 60,000 people for investigation into claims of excessive cash sales under the department’s Operation Clean Money phase-II. “The identified ...
 Rediff.com1 month ago
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CAs, bankers in a rush to pass insolvency exam

Test on lines of IIT-JEE Illustration: Uttam Ghosh/Rediff.com With the Reserve Bank of India (RBI) asking banks to take defaulters through the insolvency process, the role of insolvency professionals has assumed importance and people are rushing to clear the qualifying examination. Sources said bankers last week met to decide on the appointment such professionals, considering the number of cases that would pile up and the acute shortage of insolvency professionals in the country. However, the ...
 Rediff.com1 month ago
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Is the minority shareholders of stressed companies getting a raw deal?

Close to a million small shareholders have stake in nine NCLT-bound companies Illustration: Uttam Ghosh/Rediff.com The Securities and Exchange Board of India (Sebi) has extended a helping hand to the Reserve Bank of India (RBI) in the war on stressed assets by relaxing a couple of regulations to enable a turnaround of distressed companies. After representations that the pricing and open offer obligations might put off potential investors in these companies, Sebi in its board meet recently ...
 Rediff.com1 month ago
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Worst over, funding crunch eases for start-ups

There were fewer Series-B deals this year versus last, but more money was raised Illustration: Uttam Ghosh/Rediff.com. Fundraising scenario could be easing for start-ups. If you leave out the year 2015, which was an aberration, fundraising could be returning to levels seen earlier, says Madhukar Sinha, partner, India Quotient, an early-stage venture capital (VC) firm. The data also supports this view. Between April and May 2017, start-ups raised $538 million from 138 venture capital deals, ...
 Rediff.com1 month ago
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'This is a warning to the media'

'Fall in line or you will be in the line of fire.'Illustration: Uttam Ghosh/Rediff.com On Monday, June 5, the homes of NDTV promoters Dr Prannoy Roy and Radhika Roy in three cities were raided by the Central Bureau of Investigation. Since the raids, independent journalists and others have alleged that the raids were intended to muzzle NDTV, which has refused to take a pro-government line unlike some other television channels. On Friday, a well attended meeting at the Delhi Press Club -- ...
 Rediff.com2 months ago
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