)
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.
Indian ones adopting a wait-and-watch approach
Foreign fund houses are first-movers
Chicago-headquartered firm has presence in 28 countries, recorded revenues of over $650 mn in 2012
Financials last in line
Had hit a five year low in 2013
Company transfers stake to wealth management arm
Move to rationalise existing rules in line with new FPI norms
Move to rationalise existing rules in line with new FPI norms
Mehul Choksi's Gitanjali hit by gold curbs, distributor defaults and liquidity crunch
Drop below 5,500 level good opportunity to buy
Declining trend in index measuring chance of reversal
Move made in effect of the company's failure to fulfill settlement obligations
Carry trade involves borrowing in a country with low interest rate and investing in higher yielding assets elsewhere in world
Revenues highest in at least five years
Revenues highest in at least five years
Ball is now in Sebi's court
Move to provide exit route to existing investors; platform open only to institutional investors, min trading lot Rs 10 lakh
Changes effective from November 1
Less so in protecting minority shareholders