Abhijit Lele And Arindam Majumder

Stories by Abhijit Lele And Arindam Majumder

Using drones for commercial purposes will soon be legal in India

Using drones for commercial purposes will soon be legal in India

Rediff.com   2 Nov 2017

Drones or unmanned aircraft are being used for several purposes such as mapping, survey and commercial photography, while e-commerce giant Amazon is looking to use them for deliveries to its consumers in the US.

Air India stake sale: 14 firms in race to advise govt

Air India stake sale: 14 firms in race to advise govt

Rediff.com   27 Oct 2017

Apart from the main company, five of Air India's subsidiaries and a joint venture firm have been included in the strategic sale plan.

How the economy stands to gain from bank recapitalisation move

How the economy stands to gain from bank recapitalisation move

Rediff.com   25 Oct 2017

The move will have cascading effects for lot of related sectors

Gross NPAs of private banks up 55% in Q2

Gross NPAs of private banks up 55% in Q2

Rediff.com   23 Oct 2017

On a sequential basis, banks have had to set aside a substantial amount for bad loans, up 30 per cent from Rs 3,459 crore in the June quarter to Rs 4,508 crore.

How life will change for the better for India's domestic workers

How life will change for the better for India's domestic workers

Rediff.com   18 Oct 2017

Govt working on policy to regularise migrant workers, labour ministry puts out broad contours of the policy for public discussion

Modi's ambitious UDAN plan hits air pocket

Modi's ambitious UDAN plan hits air pocket

Rediff.com   17 Oct 2017

GMR-led Delhi Airport had accepted the government's request to shift UDAN flights to Hindon Air Force Base, but airlines say poor last mile connectivity will have to be dealt with first before starting operations

Thanks to SpiceJet, seaplanes will be back to Indian skies

Thanks to SpiceJet, seaplanes will be back to Indian skies

Rediff.com   5 Oct 2017

Seaplanes are fixed-wing aircraft that can take off and land on both water and airfields.

Why no-fly list is still not ready

Why no-fly list is still not ready

Rediff.com   4 Oct 2017

Government officials favoured compulsory biometric identification but said it did not happen because of the Supreme Court judgment on Aadhaar

Who will be the next SBI chief?

Who will be the next SBI chief?

Rediff.com   4 Oct 2017

B Sriram, the senior-most managing director at SBI, along with fellow MDs Rajnish Kumar, P K Gupta, and Dinesh Kumar Khara had been interviewed for the post

Adani plans an international airport at Mundra

Adani plans an international airport at Mundra

Rediff.com   3 Oct 2017

The conglomerate, which has received environmental clearance for the project, plans to invest around Rs 1,500 crore in it.

Amid rains, a 24-hr struggle to clear main runway of Mumbai airport

Amid rains, a 24-hr struggle to clear main runway of Mumbai airport

Rediff.com   22 Sep 2017

Rains made the job more challenging as it was making the ground soft, the AIESL CEO said.

IndiGo's huge cash reserve will help it to spread wings further

IndiGo's huge cash reserve will help it to spread wings further

Rediff.com   20 Sep 2017

IndiGo's share sale will raise the company's retained earnings to Rs 2,680 crore.

7 things SBI's Arundhati Bhattacharya will be remembered for

7 things SBI's Arundhati Bhattacharya will be remembered for

Rediff.com   18 Sep 2017

Is the SBI chairman leaving the bank in a stronger and better position than what it was? Abhijit Lele finds out.

Fares on IndiGo's long-haul routes likely to be 30% lower

Fares on IndiGo's long-haul routes likely to be 30% lower

Rediff.com   15 Sep 2017

Long-haul low-cost carriers like Scoot and AirAsia X offer a similar configuration.

Delay in developer loan repayment hits home finance cos

Delay in developer loan repayment hits home finance cos

Rediff.com   8 Sep 2017

Project delays, stretched balance sheets impacting asset quality indicators of HFCs.

Suiters for Air India's Mumbai assets

Suiters for Air India's Mumbai assets

Rediff.com   23 Aug 2017

Though the airline has kept a reserve price of Rs 315 crore for these properties, it hopes to make around Rs 500 crore from the sale.

Why did IndiGo kill its golden goose?

Why did IndiGo kill its golden goose?

Rediff.com   10 Aug 2017

With IndiGo executing its long haul low-cost plans the airline will certainly need a lot of cash going forward.

Vistara likely to order over 100 aircraft in expansion bid

Vistara likely to order over 100 aircraft in expansion bid

Rediff.com   3 Aug 2017

The Delhi-based airline currently has 13 Airbus A320 aircraft in the fleet and it plans to take another seven (A320 Neo) planes by June 2018.

Minimum wage code to cover all employees

Minimum wage code to cover all employees

Rediff.com   27 Jul 2017

At present, laws on wages do not cover workers getting a monthly wage of more than Rs 18,000

Uber, Ola face higher lease payouts under GST

Uber, Ola face higher lease payouts under GST

Rediff.com   17 Jul 2017

GST impact: Higher lease payouts may hit airlines, cab aggregators.