Abhijit Lele And Arindam Majumder

Stories by Abhijit Lele And Arindam Majumder

Five airlines win bids to fly 128 routes; link 70 airports

Five airlines win bids to fly 128 routes; link 70 airports

Rediff.com   31 Mar 2017

Agra, Shimla, Nanded, Kanpur and Jamshedpur are among the many airports that would see connectivity under Udan.

He is trying to turn Air India around

He is trying to turn Air India around

Rediff.com   25 Mar 2017

'It is not as bad an airline as it is made out to be: We serve wonderful food, the leg space is more, our cabin crew is warm and friendly.' 'The customer needs to be apprised of these things.'

Bank officers want pay equality with central govt staff

Bank officers want pay equality with central govt staff

Rediff.com   22 Mar 2017

Demands include 5-day banking, PF to be calculated on total salary and allowances, not only on basic

IndiGo taps in expats as it soars higher

IndiGo taps in expats as it soars higher

Rediff.com   21 Mar 2017

IndiGo which has close to 40 per cent market share, at present has 129 aircraft and operates 883 daily flights to 44 destinations. It also has around 400 aircraft on order.

Labour reforms in India may get going, finally

Labour reforms in India may get going, finally

Rediff.com   20 Mar 2017

As the Centre faces multiple hurdles, BJP-governed states such as Rajasthan, Madhya Pradesh and Gujarat have swiftly moved in to usher in radical reforms as they aim to take a larger share of the FDI pie.

Air India opposes changes to ownership norms

Air India opposes changes to ownership norms

Rediff.com   17 Mar 2017

Existing norms mandate 2/3rd of members of an airline's board must comprise Indian nationals

Qatar Airways may start domestic airline in India

Qatar Airways may start domestic airline in India

Rediff.com   9 Mar 2017

In the past, Qatar Airways has repeatedly expressed a desire to invest in IndiGo, the country's largest domestic airline.

Not only private banks, even PSBs levy charges on customers

Not only private banks, even PSBs levy charges on customers

Rediff.com   8 Mar 2017

Punjab National Bank, Bank of Baroda, Bank of India and Canara Bank already charge their customers a levy for failing to maintain a minimum balance for a quarter or a month.

How AirAsia India plans to generate revenue on its own

How AirAsia India plans to generate revenue on its own

Rediff.com   3 Mar 2017

The company has charted out a three step process in achieving the target

RBI 's latest headache: Ballooning fiscal deficits of states

RBI 's latest headache: Ballooning fiscal deficits of states

Rediff.com   24 Feb 2017

Deficits could come under more pressure in coming years as states implement their own Pay Commissions.

SBI merger could spill over to FY18

SBI merger could spill over to FY18

Rediff.com   23 Feb 2017

SBI might present the first result for the combined entity at the end of the first quarter of 2017-18

New NPA resolution plan finds few takers among bankers

New NPA resolution plan finds few takers among bankers

Rediff.com   23 Feb 2017

Rather, the existing ones should be implemented speedily to clean up the mess.

Keen to reduce debt, banks get tough with large borrowers

Keen to reduce debt, banks get tough with large borrowers

Rediff.com   21 Feb 2017

The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end.

Maharashtra eases up on contract labour norm, unions upset

Maharashtra eases up on contract labour norm, unions upset

Rediff.com   18 Feb 2017

Units employing up to 49 workers are not required to list themselves with the government.

MFI profitability hit by note ban, says ICRA report

MFI profitability hit by note ban, says ICRA report

Rediff.com   27 Jan 2017

Collection dived to 75-80% in November-December from 99% after demonetisation.

UDAN bids for 43 airports despite airlines opposing levy

UDAN bids for 43 airports despite airlines opposing levy

Rediff.com   23 Jan 2017

According to sources in the aviation ministry, only State-owned Air India and private carrier AirAsia India have agreed to pay the surcharge.

Axis Bank net slumps 73% on provisioning

Axis Bank net slumps 73% on provisioning

Rediff.com   20 Jan 2017

Axis Bank's loan portfolio quality deteriorated, with gross NPAs rising to 5.22% of gross advances.

The untold story: Credit growth slows after note ban

The untold story: Credit growth slows after note ban

Rediff.com   20 Jan 2017

Banks lend 60,000 cr in 8 weeks since Nov 8; Y-o-Y credit expansion slows further.

After 9 weeks currency in circulation shows rise

After 9 weeks currency in circulation shows rise

Rediff.com   19 Jan 2017

Going by the pace, almost 80 per cent of the demonetised currency is expected to be replaced by end-February.

After loss of Rs 400 crore...

After loss of Rs 400 crore...

Rediff.com   17 Jan 2017

Vistara is trying to be leaner and meaner, while staying focused on the original brand promise; it aims to be profitable by FY21. Arindam Majumder reports.