Ajay Modi &Amp;Amp; Namrata Acharya

Stories by Ajay Modi &Amp;Amp; Namrata Acharya

Kolkata's Taj Gateway Hotel fails to repay loans; lands at NCLT

Kolkata's Taj Gateway Hotel fails to repay loans; lands at NCLT

Rediff.com   12 Apr 2018

Rooms at this Kolkata hotel are priced between Rs 7,000-8,000 per night. Gateway is a full-service upscale hospitality brand under the Taj Group of Hotels.

Tata Motors dethrones M&M; reclaims top spot in LCVs

Tata Motors dethrones M&M; reclaims top spot in LCVs

Rediff.com   10 Apr 2018

The Mumbai headquartered company also overtook Japanese carmaker Honda to occupy the fourth spot in domestic passenger vehicle market.

India's EV dreams spin on how to charge -- car and customer

India's EV dreams spin on how to charge -- car and customer

Rediff.com   31 Mar 2018

The government has initiated a process to define standards and guidelines for electric charging stations.

Maruti's Swift lives up to name, sells a car a minute

Maruti's Swift lives up to name, sells a car a minute

Rediff.com   30 Mar 2018

The automaker says it has taken into account some of the big concerns of those behind the wheels today: improved acceleration performance, strength and rigidity, spacious and a more comfortable driving experience.

Crackdown on shell cos forces 1 in 3 registered firms to shut shop

Crackdown on shell cos forces 1 in 3 registered firms to shut shop

Rediff.com   27 Mar 2018

A crackdown on shell companies, increased regulatory compliance and failure of companies to avail bank credit, and defaulting on loans are some of the reasons cited by accounting professionals for the closure of such a large number of companies

Coming of the second 'Bombay Club'

Coming of the second 'Bombay Club'

Rediff.com   22 Mar 2018

Besides the manufacturing industry, voices in favouring the need for protectionism have also been heard from local start-ups, which at times find it tough to compete with global players that entered India with deep pockets.

Scooters are the fastest growing auto segment in India

Scooters are the fastest growing auto segment in India

Rediff.com   21 Mar 2018

'Currently, scooters contribute to one third of the total domestic two-wheeler market and it continues to grow.' 'That is why many new models are being launched in this category.'

Scrapping old commercial vehicles will hardly cut pollution in cities

Scrapping old commercial vehicles will hardly cut pollution in cities

Rediff.com   19 Mar 2018

Transporters and other stakeholders said the vehicles that will be de-registered would mostly be the ones plying in smaller towns and interior parts of the country.

Why CAs and company secretaries are a happy lot now

Why CAs and company secretaries are a happy lot now

Rediff.com   19 Mar 2018

With 600-700 new NPA cases getting admitted into NCLT every month, the demand for resolution professionals is on the rise with their number more than doubling in less than a year.

Uber, Ola's electric mobility drive in slow lane

Uber, Ola's electric mobility drive in slow lane

Rediff.com   16 Mar 2018

There is also lack of mandate from the government on adoption of electric mobility after ambitious talks of moving all new automobile sales to electric by 2030

Flying buyers to UK and all that it takes to sell one Rolls Royce

Flying buyers to UK and all that it takes to sell one Rolls Royce

Rediff.com   16 Mar 2018

Among other things, the buyer can spend a day watching his/her car being hand-assembled.

At 45K cr, Bandhan's IPO valuation is 2nd after SBI's

At 45K cr, Bandhan's IPO valuation is 2nd after SBI's

Rediff.com   12 Mar 2018

C S Ghosh, founder of Bandhan Bank, believes his unique business model is not comparable to any financial institution in India -- neither small finance banks, nor big private sector banks -- and hence the valuations are justified.

Parking woes hit India's border trade with Bangladesh

Parking woes hit India's border trade with Bangladesh

Rediff.com   21 Feb 2018

While the Bongaon municipality accommodates 1,200 trucks, the rest are at the mercy of private parking lots, where contractors charge an upfront fee of about Rs 4,000 per day.

RBI tells PNB to pay up LoU dues to other banks

RBI tells PNB to pay up LoU dues to other banks

Rediff.com   16 Feb 2018

RBI seeks detailed report on what happened between 2011 and now; bankers to recall loans to Nirav Modi entities.

How Honda plans to make its dealers rich!

How Honda plans to make its dealers rich!

Rediff.com   14 Feb 2018

Company to help dealers build secondary income sources like insurance, finance, after-sales, accessories

An all-electric vehicle India by 2047?

An all-electric vehicle India by 2047?

Rediff.com   14 Feb 2018

Future strategy will not just revolve around EVs: Maruti Suzuki's Ayukawa. Maruti Suzuki's MD&CEO says electric vehicles cannot be a solution outside the cities.

4 factors responsible for Mercedes's success in India

4 factors responsible for Mercedes's success in India

Rediff.com   12 Feb 2018

'Our task at Mercedes is to have the right setup. It is the customers who make the decision. But, if our approach with the Indian customers is right, we will grow.'

Why Ford, VW & Nissan skipped Auto Expo

Why Ford, VW & Nissan skipped Auto Expo

Rediff.com   9 Feb 2018

There is another common trend among these three players - they are all registering a volume decline in a market that is expanding at over 8 per cent

Why Pawan Munjal isn't happy with Hero Moto's market share

Why Pawan Munjal isn't happy with Hero Moto's market share

Rediff.com   8 Feb 2018

'We are working on both electric scooters and motorcycles.'

Auto majors are using social media like never before

Auto majors are using social media like never before

Rediff.com   8 Feb 2018

Auto Expo's Twitter handle (@AEMotorShow), with a follower base of 16,000, is abuzz with activity. The Facebook page of Auto Expo has about 158,000 followers.