Aditi Divekar And Agencies

Stories by Aditi Divekar And Agencies

Manufacturing cos look to kickstart ops post-lockdown

Manufacturing cos look to kickstart ops post-lockdown

Rediff.com   8 Apr 2020

According to sources, government officials have asked industry bodies and manufacturers to submit key concerns and requirements to begin manufacturing activity.

Domestic warehousing struggles with reduced staff

Domestic warehousing struggles with reduced staff

Rediff.com   1 Apr 2020

JNPT, the country's largest container port, would soon move into congestion if cargo does not get lifted by importers in the next few days.

COVID-19: How gold smugglers stand to gain

COVID-19: How gold smugglers stand to gain

Rediff.com   18 Mar 2020

Customs officials are busy at ports and airports, scanning passengers to ensure that COVID-19 virus-affected people are traced. So, officials are not able to focus much on baggage checking. This could lead to more gold getting smuggled into the country as luggage check at airports is now random unlike earlier where every bag was checked thoroughly.

How companies deal with coronavirus panic

How companies deal with coronavirus panic

Rediff.com   17 Mar 2020

Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.

SBI to invest up to Rs 10,000 cr in Yes Bank

SBI to invest up to Rs 10,000 cr in Yes Bank

Rediff.com   8 Mar 2020

Assuming the private bank issues 20 billion shares at Rs 10 apiece (with face value of Rs 2 each), the total capital raise will be Rs 20,000 crore. And for the 49 per cent stake, SBI will need to put in about Rs 10,000 crore.

New technology adds zing to Indian Railways

New technology adds zing to Indian Railways

Rediff.com   4 Mar 2020

Globally, London's Tube and French railway networks are already using this technology in their corrosion-prone areas.

Domestic firms eye defence sector; plan to cut imports

Domestic firms eye defence sector; plan to cut imports

Rediff.com   20 Feb 2020

The ministry of defence has set a goal of $26 billion, including export of $7 billion for the industry by 2025-26 through its Defence Production Policy 2018.

Another coronavirus fallout: India's shipping business

Another coronavirus fallout: India's shipping business

Rediff.com   15 Feb 2020

'The coronavirus impact is much bigger than what the market had predicted. We are helpless and simply watching the market at present. Nothing can be done,' said Anil Devli, chief executive officer (CEO) of Indian National Shipowners' Association (INSA).

New tax norms to hit dividends received from foreign arms

New tax norms to hit dividends received from foreign arms

Rediff.com   12 Feb 2020

Dividend distribution tax in FY20 would only be applicable after deducting Rs 70 received from the foreign subsidiary, meaning 20.56 per cent DDT would be paid only on Rs 30.

Paytm may buy Rana Kapoor's stake in Yes Bank

Paytm may buy Rana Kapoor's stake in Yes Bank

Rediff.com   11 Sep 2019

Kapoor and his associate entities owned 10.6 per cent in the bank at the end of June 2019.

Shipping freight market defies ongoing trade war

Shipping freight market defies ongoing trade war

Rediff.com   9 Sep 2019

Huge demand for dry bulk commodities such as iron ore, coal, and grain has helped the Index touch a five year high recently.

Bankers say post-recapitalisation, PSBs 4-5 quarters from profitability

Bankers say post-recapitalisation, PSBs 4-5 quarters from profitability

Rediff.com   23 Feb 2019

A key hindrance to a faster turnaround of these banks is the slow progress in the resolution of legacy bad loans and the need to build up provisions against those assets.

Brokerages advise investors to stay away from Vedanta shares

Brokerages advise investors to stay away from Vedanta shares

Rediff.com   4 Feb 2019

Brokerages put sell notice on Vedanta shares over the company's move to buy Volcan Investments' stake in Anglo American via subsidiary Cairn India Holdings, reports Aditi Divekar.

How Naturals plans to woo Gen Y ice cream lovers

How Naturals plans to woo Gen Y ice cream lovers

Rediff.com   2 Feb 2019

While the brand did step into cities such as Delhi in the last few years, it is now stitching up an expansion strategy aimed at partaking of growth in areas where consumption of ice cream remains strong.

For Adani it's 5th new business in five years

For Adani it's 5th new business in five years

Rediff.com   2 Jan 2019

The group will be in a better position to now scale up most of its segments irrespective of government policy, but the bad news others add is its growing debt.

Kumar Birla on how buying Aleris helps Hindalco

Kumar Birla on how buying Aleris helps Hindalco

Rediff.com   27 Jul 2018

'Aleris will bring in $3 billion of revenue. Novelis has $12 billion of revenues. If we add Hindalco's $6-billion revenue, then on a consolidated basis, we will become the world's largest aluminium company outside China.'

Process of selling Air India's Mumbai headquarters starts

Process of selling Air India's Mumbai headquarters starts

Rediff.com   12 Jul 2018

Built in 1974, the building could fetch anywhere between Rs 1,000 crore to Rs 1,500 crore, based on current real estate prices

Sterlite shooting may dent Vedanta's brand image

Sterlite shooting may dent Vedanta's brand image

Rediff.com   7 Jun 2018

The brand image, however, may not tarish further as it will have already taken the beating due to consistent injury

Pitfalls of Sterlite closure

Pitfalls of Sterlite closure

Rediff.com   30 May 2018

According to industry experts, companies in sectors such as consumer durables (fans, air-conditioners), power cables and the electrical industry will be hit, given that they are big users of copper.

'Rajni of Rajya Sabha' unlikely to make a return

'Rajni of Rajya Sabha' unlikely to make a return

Rediff.com   20 Feb 2018

It will be tough for the Congress leader to return to the Upper House from either Telangana or Andhra, where the party's presence has dwindled. But neither House will forget her.