BS Reporter &Amp; Bloomberg

Stories by BS Reporter &Amp; Bloomberg

United Bank is not an alarming case: Chidambaram

United Bank is not an alarming case: Chidambaram

Rediff.com   6 Mar 2014

The finance minister has said that United Bank has managed to reduce its non-performing assets.

SpiceJet loses second senior executive in a row

SpiceJet loses second senior executive in a row

Rediff.com   5 Mar 2014

Things don't seem to be good at low fare carrier SpiceJet's office. In past few months, its top rung officers have resigned over differences in opinion with the management.

Tata to invest Rs 1,200 crore in houses for the old

Tata to invest Rs 1,200 crore in houses for the old

Rediff.com   4 Mar 2014

Tata Housing to take up around 13 projects for constructing homes for the old.

United Bank's massive rise in bad loans has baffled analysts

United Bank's massive rise in bad loans has baffled analysts

Rediff.com   4 Mar 2014

Analysts say loan growth, Casa ratio and exposure to sectors under pressure did not indicate any stress at United Bank.

Delhi-Mumbai Industrial Corridor phase-I launched

Delhi-Mumbai Industrial Corridor phase-I launched

Rediff.com   4 Mar 2014

Phase-I of the ambitious Delhi-Mumbai Industrial Corridor project entails an investment of Rs 17,319 crore(Rs 173.19 billion) and is poised to generate 330,000 jobs.

Jaypee sells 2 hydro units to Abu Dhabi firm for Rs 10,500 cr

Jaypee sells 2 hydro units to Abu Dhabi firm for Rs 10,500 cr

Rediff.com   2 Mar 2014

The deal, part of the Jaypee Group's plan to cut Rs 60,000-crore debt, follows months of negotiations.

Corporate affairs min notifies: No political funding in CSR

Corporate affairs min notifies: No political funding in CSR

Rediff.com   28 Feb 2014

The Corporate affairs ministry has notified that henceforth political parties will not be eligible for CSR funding.

Environment min gives conditional nod to modify food crop

Environment min gives conditional nod to modify food crop

Rediff.com   28 Feb 2014

The environment ministry is likely to allow generic modification of food crops.

Why MCX auditor disagrees with PWC's cash flow report

Why MCX auditor disagrees with PWC's cash flow report

Rediff.com   28 Feb 2014

Deloitte, MCX's is learnt to have objected to PwC pointing out several irregularities in the exchange's expenditure, donations, etc, in its audit report.

Independent directors reject Essar Energy's delisting move

Independent directors reject Essar Energy's delisting move

Rediff.com   25 Feb 2014

The committee said the move 'clearly undervalued the company and its long-term growth prospects'.

New power tariff guidelines to dent earnings

New power tariff guidelines to dent earnings

Rediff.com   25 Feb 2014

NTPC to be the worst hit, stock slides to five-year low on announcement.

I-T dept identifies over 2 million potential non-filers

I-T dept identifies over 2 million potential non-filers

Rediff.com   24 Feb 2014

After sending notices to 1.21 million Permanent Account Number (PAN) cardholders who had not filed their income tax (I-T) returns, the I-T department has now identified another 2.17 million potential non-filers. It had already sent letters to 50,000 potential non-filers in the first batch.

UBI board meets, discusses ways to cut bad loans

UBI board meets, discusses ways to cut bad loans

Rediff.com   23 Feb 2014

Mulls ways to improve the bank's earnings, cut bad loans and step up credit recovery efforts

Trai pegs 800MHz base price 48% above previous auction price

Trai pegs 800MHz base price 48% above previous auction price

Rediff.com   23 Feb 2014

At Rs 2,685 crore for 1MHz pan-Indian spectrum, reserve price would be 52% higher than that of 1,800MHz band

Bharti to move Nigerian SC against lower court order

Bharti to move Nigerian SC against lower court order

Rediff.com   21 Feb 2014

The company faces $3-bn payout to Econet Wireless.

Deutsche Bank backs its India born co-CEO Anshu Jain

Deutsche Bank backs its India born co-CEO Anshu Jain

Rediff.com   21 Feb 2014

Last month, German lender said it was co-operating with regulators in global foreign exchange probe.

Ambani said to give top oil executive telco duties

Ambani said to give top oil executive telco duties

Rediff.com   20 Feb 2014

Ambani is banking on new businesses to boost profit as earnings from producing oil and natural gas has slowed in the past three years.

Tata Power steps up efforts to increase consumer base

Tata Power steps up efforts to increase consumer base

Rediff.com   19 Feb 2014

Tata Power sets up camps to explain the benefits of switchover for low-end consumers from their current supplier.

Rs 1,300-cr cooking gas dole likely to be part of interim Budget

Rs 1,300-cr cooking gas dole likely to be part of interim Budget

Rediff.com   14 Feb 2014

Although the future of Direct Benefits Transfer (DBT) on liquefied petroleum gas (LPG) is uncertain for now, the upcoming vote-on-account is likely to account for about Rs 1,300 crore that was transferred to the bank accounts of customers in the form of subsidy.

Telcos only bid for 1,800 MHz band, govt earns Rs 61,000 cr

Telcos only bid for 1,800 MHz band, govt earns Rs 61,000 cr

Rediff.com   13 Feb 2014

Telcos have stopped bidding for the 900-MHz spectrum since Monday.