Abhijit Lele And Arindam Majumder

Stories by Abhijit Lele And Arindam Majumder

How Vistara came to be voted best domestic airline. Can its new chief do better?

How Vistara came to be voted best domestic airline. Can its new chief do better?

Rediff.com   14 Jul 2017

Phee Teik Yeoh, who has returned to the SIA HQ in Singapore worked hard to make Vistara the airline of choice. New CEO Leslie Thng would have the job of cutting losses while going international.

Why IndiGo was forced to reschedule flights

Why IndiGo was forced to reschedule flights

Rediff.com   13 Jul 2017

Engine snag forces IndiGo to ground 7 new aircraft

On the anvil: IndiGo 2.0 with low-cost Air India

On the anvil: IndiGo 2.0 with low-cost Air India

Rediff.com   10 Jul 2017

At the heart of the strategy is the basic fundamental of keeping costs for long-haul flights low.

Govt likely to reopen old airports

Govt likely to reopen old airports

Rediff.com   5 Jul 2017

Slots, parking bays unavailable at major airports

Bankers brace for delays, legal battles

Bankers brace for delays, legal battles

Rediff.com   15 Jun 2017

The time-bound nature of the bankruptcy code, envisaging resolution within 180 to 270 days, would put enormous pressure on the existing judicial infrastructure.

12 bank accounts and Rs 1.78 lakh crore bad debt

12 bank accounts and Rs 1.78 lakh crore bad debt

Rediff.com   14 Jun 2017

The gross bad debt of the Indian banking system as of March was at Rs 7.11 lakh crore

Dassault in race for Navy's Rs 50K cr deal for 57 fighter jets

Dassault in race for Navy's Rs 50K cr deal for 57 fighter jets

Rediff.com   10 Jun 2017

Boeing has pitched its FA-18 aircraft, while Dassault is building case for its Rafale jet.

Booking flight tickets? Aadhar, PAN or passport a must

Booking flight tickets? Aadhar, PAN or passport a must

Rediff.com   9 Jun 2017

This is part of the initiatives that the ministry is undertaking to use technology in order to make airport check-in seamless and formation of a no-fly list.

Air India to sell prime real estate

Air India to sell prime real estate

Rediff.com   2 Jun 2017

Proceeds may be used to partly pay off its Rs 46,570-cr debt

'Never send back Mahalakshmi when she comes to your house'

'Never send back Mahalakshmi when she comes to your house'

Rediff.com   29 May 2017

P S Jayakumar, managing director and chief executive officer, Bank of Baroda, speaks to Abhijit Lele & Hamsini Karthik about loan recoveries, sounding more confident than a year before.

UDAN tweaked to rope in more airlines

UDAN tweaked to rope in more airlines

Rediff.com   25 May 2017

Green light likely for services on underserved routes between regular airports

RBI to rope in rating agencies for NPA solution

RBI to rope in rating agencies for NPA solution

Rediff.com   24 May 2017

The broad contours of their assignment are expected to be making independent assessment of recovery prospects, and estimating haircuts for restructuring cases.

Shikha Sharma on the new NPA rules and the future of Axis Bank

Shikha Sharma on the new NPA rules and the future of Axis Bank

Rediff.com   19 May 2017

Axis Bank Managing Director & Chief Executive Officer Shikha Sharma on the new mechanism for non-performing loans, the bank's loan portfolio, industry outlook and the bank's future plans.

Despite jobless Indian pilots, why are Indian airlines still hiring expat pilots?

Despite jobless Indian pilots, why are Indian airlines still hiring expat pilots?

Rediff.com   10 May 2017

Airlines tell Arindam Majumder and Aneesh Phadnis they are forced to look at expats due to a lack of commanders, a position that requires experience.

IndiGo to go regional, books 50 ATR aircraft

IndiGo to go regional, books 50 ATR aircraft

Rediff.com   10 May 2017

IndiGo said operations of the ATR fleet would be handled by an independent team that would be responsible for in-flight services, dispatch and control, and revenue.

UP plans a new airport near Delhi's IGIA

UP plans a new airport near Delhi's IGIA

Rediff.com   21 Apr 2017

UP government renews proposal for one at Jewar, 100 km from Delhi

Airlines ground last-minute fare discounts

Airlines ground last-minute fare discounts

Rediff.com   19 Apr 2017

Prices of tickets booked three days prior have soared 70% over last summer's fares

RBI proposes wholesale, long-term finance banks

RBI proposes wholesale, long-term finance banks

Rediff.com   11 Apr 2017

Discussion paper fixes Rs 1,000 cr as minimum capital for these specialised banks

Will Modi's Digital India dream ever come true?

Will Modi's Digital India dream ever come true?

Rediff.com   11 Apr 2017

The value of transactions through debit and credit cards used at the PoS fell to Rs 64,200 cr in February

SBI wants to be among the world's top 30 banks in three years: Arundhati Bhattacharya

SBI wants to be among the world's top 30 banks in three years: Arundhati Bhattacharya

Rediff.com   11 Apr 2017

Arundhati Bhattacharya talks about SBI's strategies, its aim to be among the top 30 banks globally, and stressed assets resolution.