Abhijit Lele &Amp;Amp; Ruchika Chitravanshi

Stories by Abhijit Lele &Amp;Amp; Ruchika Chitravanshi

Aerocity hotels waiting to take off as red tape proves a hurdle

Aerocity hotels waiting to take off as red tape proves a hurdle

Rediff.com   5 Aug 2014

About Rs 12,000 crore are stuck in India's first hotel district, Delhi's Aerocity, because of red tape.

TCS raising Rs 4,000 crore via commercial paper

TCS raising Rs 4,000 crore via commercial paper

Rediff.com   26 Jul 2014

Analysts say TCS's total dividend outgo in 2014-15 is likely to cross Rs 11,500 crore (Rs 115 billion), given its policy of paying quarterly dividends.

Fliers concerned about safety on flights after Malaysian Airlines disaster

Fliers concerned about safety on flights after Malaysian Airlines disaster

Rediff.com   19 Jul 2014

Malaysia Airlines flies to Delhi, Bangalore, Chennai, Mumbai, Hyderabad and Kochi.

Banks put Rs 21k-cr NPAs on block in 3 months

Banks put Rs 21k-cr NPAs on block in 3 months

Rediff.com   23 Jun 2014

Rush to offload bad loans indicates a revival in asset-sale market

Sethusamudram falls out of favour with the Centre

Sethusamudram falls out of favour with the Centre

Rediff.com   4 Jun 2014

The project is currently under litigation after environmental concerns were raised against the plan of linking the PalkBay and the Gulf of Mannar by creating a shipping channel through the shallow sea, says Ruchika Chitravanshi.

Govt may fund strategically important Iranian port

Govt may fund strategically important Iranian port

Rediff.com   30 May 2014

JNPT, the country's largest container port at Navi Mumbai, and Kandla in Gujarat's Kutch, the largest port by total cargo, will come together to form a Special Purpose Vehicle to operate the terminal at Chabahar, under a revenue-share agreement with the Port and Maritime Organisation, Iran.

BJP manifesto: Tourism awaits new lease of life

BJP manifesto: Tourism awaits new lease of life

Rediff.com   20 May 2014

The BJP in its policy document stated that tourism plays a key role in socio-economic progress through creation of jobs.

Nokia seeks arbitration to settle Rs 21,000 cr tax dispute

Nokia seeks arbitration to settle Rs 21,000 cr tax dispute

Rediff.com   14 May 2014

The arbitration clause is present in almost 95 per cent of corporate agreements, according to tax and audit firm Ernst & Young.

NPAs render govt banks unfit for pvt Provident Fund deposits

NPAs render govt banks unfit for pvt Provident Fund deposits

Rediff.com   6 May 2014

Norms governing investments by provident funds bar these from depositing funds in a commercial bank in case the NPAs of that bank exceed two per cent of net advances.

CBI to probe hotel sale in NDA regime

CBI to probe hotel sale in NDA regime

Rediff.com   30 Apr 2014

The inquiry will bring under a scanner Arun Shourie, the then disinvestment minister, and Bharat Hotels Chairperson Jyotsna Suri.

21% rise in Indians travelling abroad: TripAdvisor

21% rise in Indians travelling abroad: TripAdvisor

Rediff.com   29 Apr 2014

A foreign holiday has now become non-negotiable for Indian consumers.

SBI to lend $500 mn, redeem securities worth $800 mn

SBI to lend $500 mn, redeem securities worth $800 mn

Rediff.com   23 Apr 2014

SBI's overall gross NPA as on end-December 2013 was close to Rs 68,000 crore ( Rs 680 billion) or 5.73 per cent of its gross advances.

Coal scam: Why Birla, Jindal are out of CVC probe

Coal scam: Why Birla, Jindal are out of CVC probe

Rediff.com   1 Apr 2014

CBI has registered 18 FIRs so far in the coal scam.

'CBI has enough evidence for probe against Ex-Sebi chief'

'CBI has enough evidence for probe against Ex-Sebi chief'

Rediff.com   21 Mar 2014

According to a senior CBI official, the agency has evidence to suggest the finance ministry's recommendations were overlooked while giving a licence to MCX-SX in 2008.

Loan rating heat on Sahara Hospitality on tepid show

Loan rating heat on Sahara Hospitality on tepid show

Rediff.com   12 Mar 2014

The Sahara group's problems continue, with rating agency CARE cutting its 'BBB' ranking for Sahara Hospitality Ltd's (SHL) long-term bank facility to 'BBB-', due to sub-optimal financial and operational performance.

CBI closes DLF land case, says no criminal offence found

CBI closes DLF land case, says no criminal offence found

Rediff.com   5 Mar 2014

A CBI official has clarified that the agency did not find any criminal offence again DLF regarding land rights.

Bank of Bahrain & Kuwait lays out plans for India

Bank of Bahrain & Kuwait lays out plans for India

Rediff.com   1 Mar 2014

Currently, the West Asian banking group has three branches - in Mumbai, Hyderabad and Kochi.

Taj to have longer stay at Mansingh

Taj to have longer stay at Mansingh

Rediff.com   1 Mar 2014

This would be the fourth time the New Delhi Municipal Council would be giving an extension.

Why SBI wants to 'charge' MTM losses to balance sheet

Why SBI wants to 'charge' MTM losses to balance sheet

Rediff.com   28 Feb 2014

The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.

CVC meets United Bank, warns of strict action if found guilty

CVC meets United Bank, warns of strict action if found guilty

Rediff.com   28 Feb 2014

The Central Vigilance Committee has sought loan data from United Bank