 "Sachin P Mampatta")
Sachin P Mampatta
Sachin P Mampatta
Sachin Mampatta is an award-winning Mumbai-based journalist who has led the data journalism team and covered stock markets for Business Standard. The data journalism team initiative has included products such as the weekly in-depth data journalism newsletter (Number Wise), Monday morning's Statsguru as well as daily stories and multi-part series. He has also covered stock markets since 2008 (at Business Standard and elsewhere) where his work included breaking news on regulatory developments, investigative stories, profiles and interviews of key market movers.
Sachin Mampatta is an award-winning Mumbai-based journalist who has led the data journalism team and covered stock markets for Business Standard. The data journalism team initiative has included products such as the weekly in-depth data journalism newsletter (Number Wise), Monday morning's Statsguru as well as daily stories and multi-part series. He has also covered stock markets since 2008 (at Business Standard and elsewhere) where his work included breaking news on regulatory developments, investigative stories, profiles and interviews of key market movers.
Page 35 - Sachin P Mampatta
Mutual fund penetration poor in most states; way below global average
Many have mutual fund assets which are less than 2% of economic output
 "Mutual fund penetration poor in most states; way below global average")
India's economic growth was negative more often before 1947 than after
The average growth in the 50 years leading to Independence was 0.06%
 "India's economic growth was negative more often before 1947 than after")
Good times: Titan adds shine to Rakesh Jhunjhunwala's portfolio
While analysts are positive on Titan, it has been seeing some headwinds
 "Good times: Titan adds shine to Rakesh Jhunjhunwala's portfolio")
V G Siddhartha's financials stayed weak after selling his Mindtree stake
Promoter's pledge has been above 70% since December 2018
 "V G Siddhartha's financials stayed weak after selling his Mindtree stake")
Number of companies without a single independent director on the rise again
Several of these companies have gone bankrupt and are under the resolution process
 "Number of companies without a single independent director on the rise again")
Number of pending appeals at Securities Appellate Tribunal rise 70% in FY19
The ratio of appeals dismissed to those decided in favour of Sebi shows a decline. There were 18 appeals in favour of Sebi for every order passed against it in FY18. The ratio has since dropped to 5.5
 "Number of pending appeals at Securities Appellate Tribunal rise 70% in FY19")
Abuse of RPTs continues to pose serious governance challenges in boardroom
The value of transactions with the potential for RPT conflicts exceeded Rs 2.8 trillion in 2018-19
 "Abuse of RPTs continues to pose serious governance challenges in boardroom")
India parties lag behind West in spending on Facebook, Google election ads
Indian political parties spent Rs 27.8 crore on Facebook ads in 2019. Google ads saw spending of Rs2 7.4 crore.
 "India parties lag behind West in spending on Facebook, Google election ads")
FB, Google ads' share less than 1% of overall poll campaign outlay in India
India falls way behind US and UK, whose allocations to the two tech giants are 6.5% and 10.5%, respectively
 "FB, Google ads' share less than 1% of overall poll campaign outlay in India")
Five years on, Sec 151 on small-shareholder directors makes little headway
Efforts have been few and far between since 2014, when the section was introduced; combo of entrenched promoters and onerous curbs may have stifled a provision meant to empower such shareholders
 "Five years on, Sec 151 on small-shareholder directors makes little headway")
At 48.3% in 2018, corporate taxes in India among highest in the world
The combined corporate tax rate in India is more than one-and-a-half times that of Japan, and over double that of Russia and the UK: Report
 "At 48.3% in 2018, corporate taxes in India among highest in the world")
India adds 5 mn investors in 1 yr, internet helps small cities put in money
Increased use of institutional investment methods might also affect the number, said experts
 "India adds 5 mn investors in 1 yr, internet helps small cities put in money")
Employees of more companies seem to be looking to buy out promoter stakes
Financial services and asset management firms see such more buyouts
 "Employees of more companies seem to be looking to buy out promoter stakes")
Aviation to telecom: New accounting norms may alter debt math of companies
Companies will have to treat their obligation to meet long-standing operational expenses as debt liabilities.
 "Aviation to telecom: New accounting norms may alter debt math of companies")
Sebi hit the brakes on 'free of cost' transfers for FPIs in past year
An FPI could earlier transfer assets between its arms, in the wake of a merger of schemes or similar reorganisation, through an application to the markets regulator
 "Sebi hit the brakes on 'free of cost' transfers for FPIs in past year")
NSE cash market trades on cell phones up 10x since 2014, BSE deals up 20%
Data penetration has helped lower costs for brokers as more customers go mobile
 "NSE cash market trades on cell phones up 10x since 2014, BSE deals up 20%")
Uncertainty around India's economic policy at 27-month high in May
Index levels more than doubled over March. It rose from around 40.6 to 83.6 in May.
 "Uncertainty around India's economic policy at 27-month high in May")
AIFs line up to enter turbulent debt market; 'demand for patient money'
Experts see demand for patient money, away from daily pressures faced by MFs
 "AIFs line up to enter turbulent debt market; 'demand for patient money'")
Average taxpayer will need to work over 300 years to match an MP's assets
New MPs boost average wealth of Lok Sabha members
 "Average taxpayer will need to work over 300 years to match an MP's assets")
Anomaly in Facebook poll spend data; 'unknown' locations top chart
Experts say more transparency is required from social media and other digital giants
 "Anomaly in Facebook poll spend data; 'unknown' locations top chart")