Abhijit Lele And Arindam Majumder

Stories by Abhijit Lele And Arindam Majumder

Handcuffed from Dubai to Delhi

Handcuffed from Dubai to Delhi

Rediff.com   17 Jan 2017

With passengers flying Indian skies getting more and more unruly, day by day, airlines are forced to stock rope and handcuffs on board and use them as they did the other day on a Dubai-Delhi flight.

Ramdev's Patanjali gets a rating upgrade from Icra

Ramdev's Patanjali gets a rating upgrade from Icra

Rediff.com   17 Jan 2017

The upgrade, said Icra, takes into account the "robust internal accrual generation, leading to low reliance on debt, as well as gearing levels, and strong debt protection metrics".

Who likes flights at unearthly hours?

Who likes flights at unearthly hours?

Rediff.com   12 Jan 2017

India may make peak-time allocation of airport slots for its airlines an essential part of any bilateral signed in future. Arindam Majumder reports.

SBI rolls out teaser home loans after 8 years

SBI rolls out teaser home loans after 8 years

Rediff.com   3 Jan 2017

A teaser loan is one where the lender offers a slightly lower rate in the initial years and then charges higher rates in later years.

EPF or NPS: Which is better?

EPF or NPS: Which is better?

Rediff.com   28 Dec 2016

If a risk taker and young, NPS would suit her/him. Otherwise, s/he should go for EPF.

Thanks to the note ban, he's back!

Thanks to the note ban, he's back!

Rediff.com   27 Dec 2016

Demonetisation impact: Money lenders make a comeback.

Why banks are unable to deal with the cash crunch

Why banks are unable to deal with the cash crunch

Rediff.com   23 Dec 2016

Banks have reported that banknotes worth Rs 592,613 crore have been issued to the public.

'You never know what notification will come on Friday'

'You never know what notification will come on Friday'

Rediff.com   22 Dec 2016

'Nobody will wait now. Everyone will come to deposit their old notes. The confidence is shaken.'

AI demand: Rs 2,200 cr. Govt offer: Rs 80 cr

AI demand: Rs 2,200 cr. Govt offer: Rs 80 cr

Rediff.com   21 Dec 2016

The government is ready to support Air India, but wants the airline to improve its performance.

Bank staff slogging it out on their own

Bank staff slogging it out on their own

Rediff.com   17 Dec 2016

There is not much bank employees can do, but some words of encouragement from the management would have helped. Stretched working hours and the tense atmosphere is taking a toll on their health.

What next? You can't fly without Aadhar

What next? You can't fly without Aadhar

Rediff.com   17 Dec 2016

'In the US, they have created a blacklist for fliers. We are trying to do the same here.'

How IndiGo is coping with the Delhi fog problem

How IndiGo is coping with the Delhi fog problem

Rediff.com   13 Dec 2016

Country's largest airline has set up a centralised unit to minimise disruptions.

Why the Maharaja has failed to turn around Air India

Why the Maharaja has failed to turn around Air India

Rediff.com   12 Dec 2016

An additional lease rental of Rs 200 crore on nine Boeing 787 Dreamliners was the reason for ending in the red this quarter, Arindam Majumder reports from New Delhi.

Credit exposure limit set for banks

Credit exposure limit set for banks

Rediff.com   2 Dec 2016

New regime on loans to one party to kick in by Apr 2019.

Banks brace for coming pay rush as salary day approaches

Banks brace for coming pay rush as salary day approaches

Rediff.com   30 Nov 2016

Branch networks will give preference to pensioners and labourers for withdrawing money.

CRR effect: Even as public pours in cash, banks scramble to manage liquidity

CRR effect: Even as public pours in cash, banks scramble to manage liquidity

Rediff.com   29 Nov 2016

RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.

55% of SBI's cash deposits came from beyond cities

55% of SBI's cash deposits came from beyond cities

Rediff.com   28 Nov 2016

SBI got Rs 1.93 lakh cr in cash deposits from November 10-25.

20% dip in currency in circulation in week ended Nov 18

20% dip in currency in circulation in week ended Nov 18

Rediff.com   24 Nov 2016

According to the Reserve Bank of India, the currency in circulation reduced by Rs 360,700 crore to Rs 1,426,900 crore during the week under review.

Demonetisation chill on flight bookings, airlines fight back with cheap fares

Demonetisation chill on flight bookings, airlines fight back with cheap fares

Rediff.com   22 Nov 2016

To fill seats, airlines have resorted to fare wars following the adverse impact on ticket sales, reports Arindam Majumder.

India to hold start-up fest in London

India to hold start-up fest in London

Rediff.com   17 Nov 2016

Tie-ups and access to infrastructure of a developed ecosystem prompt choice of venue.