Mumbai-based Ramsurya writes on the big business houses and a host of sectors
Articles by Ramsurya Mamidenna
Aditya Birla Group takes branding route to develop Grasim fibre
The $40-billion Aditya Birla group, with interests ranging from metals and viscose staple fibre (VSF) to cement, telecom and financial services, is looking to improve its brand visibility and presence in each industry value chain.
Updated on Mar 29, 2015 10:43 PM IST
Hindustan Times | Ramsurya Mamidenna, Ramsurya Mamidenna
Global financial centre hopes ride on tax incentives, infra facilities
The government may be going all out to promote Gujarat International Finance Tec-city (GIFT) as a financial services hub on the lines of Singapore, Hong Kong, Dubai and London, but an immediate migration of business — initially estimated to be $50 billion annually — away from these established centres would hinge on clear tax incentives, world-class facilities and sharp prospects of growing trade potential.
Updated on Mar 28, 2015 01:51 AM IST
Hindustan Times | Ramsurya Mamidenna and Nachiket Kelkar, Mumbai
Companies with foreign debt likely to feel the heat when US hikes rate
It is something that most Indian companies always feared. Their concerns turned a notch starker on Tuesday when IMF MD Christine Lagarde cautioned companies to brace for an adverse impact of US interest rate hike.
Updated on Mar 18, 2015 11:27 PM IST
Hindustan Times | Ramsurya Mamidenna, Mumbai
New budget definition of ‘resident’ status may lead to rise in litigation
The budget has been widely hailed for making foreign companies and overseas investors happy. But, it is likely to increase litigations, especially with respect to the definition of ‘resident of India’ for offshore companies.
Updated on Mar 01, 2015 10:40 PM IST
Hindustan Times | Ramsurya Mamidenna, Mumbai
Startup led by IIT-ian duo set to become ‘billion $ baby’
It was the middle of 2008. For the umpteenth time, Seclore founders Abhijit Tannu and Vishal Gupta were giving finishing touches to a presentation on their new company’s first product FileSecure. Their client was a senior executive in Reliance Capital. "We had some bad experiences. Of the many clients we spoke to, none showed any real interest... They thought it was fiction", recalled Abhijit Tannu.
Updated on Feb 27, 2015 01:17 PM IST
Hindustan Times | Ramsurya Mamidenna, Mumbai
Will markets open on budget day? Brokers seek special session
Will mkts open on budget day? Brokers seek special session
Updated on Feb 04, 2015 11:38 PM IST
Hindustan Times | Ramsurya Mamidenna, Mumbai
Govt studying method to value voluntary work
Govt studying method to value voluntary work
Updated on Feb 01, 2015 11:28 PM IST
Hindustan Times | Ramsurya Mamidenna, New Delhi
L&T, Tata Power, M&M set to reignite nuclear energy, defence plans
Companies are going back to drawing boards to review existing plans, scout for partnerships, and are readying specialist teams to pitch for increased business opportunities, following the slew of initiatives and breakthroughs in talks between the two countries during US President Barack Obama’s three-day visit.
Updated on Jan 29, 2015 11:19 PM IST
Hindustan Times | Ramsurya Mamidenna, New Delhi
Markets abuzz as India, US close in on biz deals
As India and the US moved towards resetting their business relationship, markets are keenly watching for cues on specifics on a host of sectors such as nuclear power, defence production and renewable energy.
Updated on Jan 28, 2015 12:06 AM IST
Hindustan Times | Ramsurya Mamidenna, Mumbai
In your 30s with Rs. 50,000 surplus? Invest in equities
In your 30s with Rs 50,000 surplus? Invest in equities
Updated on Jan 26, 2015 11:37 PM IST
Hindustan Times | Ramsurya Mamidenna, Mumbai
India is poster child for structural reforms: UBS
India represents one of the best corporate sector stories among emerging markets, with strong earnings per share growth of 14-15% expected in 2014-15, global financial services firm UBS has said.
Updated on Jan 01, 2015 11:12 PM IST
Hindustan Times | Ramsurya Mamidenna, Mumbai
Expect more M&A activity as energy, pharma drive buzz
Merger and acquisition (M&A) activity in India, which grew sharply in 2014, is likely to further pick up pace next year as energy companies look to divest stakes to pare debt and consolidation exercises fuel similar activity in select sectors such as pharma.
Updated on Dec 29, 2014 01:21 AM IST
Hindustan Times | Ramsurya Mamidenna, Mumbai
Put part of retirement fund in safe products instead of relying on PFs
The current market volatility may discourage small investors, but building an equity component into one’s investment portfolio is vital as it would accrue higher benefits when salaried people retire and start dipping into their savings.
Updated on Dec 26, 2014 08:53 AM IST
Hindustan Times | Arnab Mitra and Ramsurya Mamidenna, Mumbai
‘India will achieve double digit growth in 3-4 years’
In an exclusive interview to HT in his office, Rakesh Jhunjhunwala opens up about his reading habits, on how India’s growth could touch double digits and why people should be confident about investing and not afraid to make mistakes.
Updated on Dec 25, 2014 08:12 AM IST
Hindustan Times | Arnab Mitra and Ramsurya Mamidenna, Mumbai
Outlook positive, but Russia, gold imports hold key to rupee
The rupee snapped a three-day losing streak, spurred by the news that the US Federal Reserve will not likely raise interest rates till mid-2015, reversing days of sell-offs that had spooked emerging market currencies in the last few days.
Updated on Dec 19, 2014 12:44 AM IST
Hindustan Times | Ramsurya Mamidenna, Mumbai
Jindal family plans foundation to protect interests of gen-next
The $15-billion OP Jindal group is exploring options of creating a family foundation fund, which will ensure continuity for next-generation members and protect family interests and shareholdings in various companies housed in the steel-to-power conglomerate.
Updated on Dec 08, 2014 11:40 PM IST
Hindustan Times | Ramsurya Mamidenna, Mumbai
I wanted to be independent of Manu, Mallya: Liquor baron KR Chhabria
Kishore Rajaram Chhabria is the man behind the success of the Indian whisky brand, Officer’s Choice. In an interview to HT, he talks about why he fell out with his brother, the late Manu Chhabria, and Vijay Mallya.
Updated on Dec 07, 2014 11:47 PM IST
Hindustan Times | Arnab Mitra and Ramsurya Mamidenna, Mumbai
Govt to scan advance tax for black money
The government is exploring options to set up a facility to monitor advance income tax filings by companies and high networth individuals, on the lines of dedicated monitoring of returns and tax deducted at source categories.
Updated on Nov 12, 2014 01:55 AM IST
Hindustan Times | Ramsurya Mamidenna, Mumbai
UltraTech Cement readies for global buy with management rejig
The Aditya Birla group has made senior management changes at group company UltraTech Cement as part of an overall strategy to prepare India’s largest cement maker for a crucial year that could include a multi-billion dollar overseas acquisition.
Updated on Oct 27, 2014 08:58 AM IST
Hindustan Times | Ramsurya Mamidenna, Mumbai
Green hurdle? JSW Steel may drop bid for European co Ilva
High environmental and pension liabilities may force JSW Steel to drop its plan to bid for Europe’s Ilva Steel, which was widely seen as an ambitious overseas expansion move by the Mumbai-based group as it scouts for steel-making and mining assets outside India.
Updated on Oct 13, 2014 12:01 AM IST
Hindustan Times | Ramsurya Mamidenna, Mumbai
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