Ajay Modi And Sanjeeb Mukherjee

Stories by Ajay Modi And Sanjeeb Mukherjee

Multiple options to fund PPP in health, education

Multiple options to fund PPP in health, education

Rediff.com   28 Apr 2011

The PPP framework for these projects, like building hospitals and schools, will be different from the existing regime for infrastructure.

Review blames RIL for falling D6 output

Review blames RIL for falling D6 output

Rediff.com   26 Apr 2011

The report, submitted to the government last week, says the slow pace of field development is the reason production has fallen to 50 million standard cubic metres a day (mscmd) from a peak of 60 mscmd last year.

Like ONGC, OIL may also go for stock split

Like ONGC, OIL may also go for stock split

Rediff.com   25 Apr 2011

ONGC went for a stock split in preparation for a follow-on issue that is expected to hit the market in the second quarter of 2011-12.

Indians eating healthier food

Indians eating healthier food

Rediff.com   15 Apr 2011

Besides, as urbanisation spreads, the country will consume more wheat, pulses and less rice and coarse cereals in the coming years.

RIL can't comply with prioritisation directive

RIL can't comply with prioritisation directive

Rediff.com   14 Apr 2011

Reliance Industries Ltd (RIL), the operator of the KG-D6 gas block, has told the government it cannot comply with its latest directive on prioritising gas supply.

Retail kids face rough weather

Retail kids face rough weather

Rediff.com   11 Apr 2011

New players in the organised branded garment retail industry such as Koutons and Cantabil along with a host of other brands are going through a tough time, thanks to the rapid expansion via debt and their deep discounting model.

Hiranandani to enter LNG market

Hiranandani to enter LNG market

Rediff.com   11 Apr 2011

It plans to invest Rs. 10,000 crore to set up a power generation capacity of 2,500 Mw near Pune.

It's time for India to step on the gas

It's time for India to step on the gas

Rediff.com   7 Apr 2011

With RIL's KG-D6 output playing truant, steps need to be taken to stabilise the country's natural gas production.

UID to help govt control slippages in PDS

UID to help govt control slippages in PDS

Rediff.com   14 Mar 2011

The working group on food and public distribution constituted under the chairmanship of Planning Commission Deputy Chairman Montek Singh Ahluwalia is likely to recommend using the numbers effectively for streamlining PDS.

No royalty relief likely for Cairn-Vedanta deal

No royalty relief likely for Cairn-Vedanta deal

Rediff.com   9 Mar 2011

The government will reserve the right to decide on the cost recoverability of royalty from Cairn India's block in Barmer while clearing Cairn Energy's sale of its Indian subsidiary to Vedanta Resources.

Petronet profits double

Petronet profits double

Rediff.com   2 Mar 2011

There was a time when gas was offered to India at a cheaper price but we could not close those deals.

Small units in STPIs face tax benefits cuts

Small units in STPIs face tax benefits cuts

Rediff.com   24 Feb 2011

The government is expected to end the benefits under Section 10A and 10B of the Income Tax Act.

Rising crude prices may hit govt's subsidy budget

Rising crude prices may hit govt's subsidy budget

Rediff.com   24 Feb 2011

After prospects of a higher subsidy outgo on food and fertilisers, the government is faced with the spectre of a higher petroleum subsidy. Rising crude oil prices and its inability to increase fuel prices is all set to spoil the government's subsidy calculations. The country meets 80 per cent of its crude oil demand through imports.

Budget may trim tax benefits for STPI's small unit

Budget may trim tax benefits for STPI's small unit

Rediff.com   24 Feb 2011

Small and medium information technology companies operating out of the Software Technology Park of India (STPI) and who have not relocated their business operations to the special economic zones (SEZs) could stand to lose a substantial part of their tax holidays after the forthcoming Budget.

Pulses, edible oil may come under PDS

Pulses, edible oil may come under PDS

Rediff.com   24 Feb 2011

This Budget, the finance ministry may consider a proposal for a seed fund that would provide financial support to states willing to sell items other than foodgrain, sugar and kerosene through the public distribution system (PDS). The move, experts believe, will help reigning in food inflation that remains in double digits, despite moderation.

Guidelines on infra debt funds likely

Guidelines on infra debt funds likely

Rediff.com   24 Feb 2011

To fund infrastructure projects in the public-private-partnership model, the forthcoming Budget could lay down some broad contours on the setting up of debt funds, which will provide investment for the core sector.

Petronet to market natural gas

Petronet to market natural gas

Rediff.com   23 Feb 2011

The company is also looking to expand the supply of gas by roads and is evaluating creation of small storage hubs along the highways.

Bangalore, Chennai Metro may get Rs 6k-cr push

Bangalore, Chennai Metro may get Rs 6k-cr push

Rediff.com   22 Feb 2011

As a bonanza to southern states, Finance Minister Pranab Mukherjee is expected to allocate funds worth Rs 6,000 crore (Rs 60 billion) for Chennai and Bangalore Metro rail systems in the forthcoming Budget.

Govt may fund farmers' markets in metros

Govt may fund farmers' markets in metros

Rediff.com   21 Feb 2011

Officials said the proposal and funding could be included in the coming budget and preliminary discussions have been held with finance ministry officials.

Egypt unrest: Indian cos keeping fingers crossed

Egypt unrest: Indian cos keeping fingers crossed

Rediff.com   31 Jan 2011

Indian companies with exposure to Egypt are keeping their fingers crossed as the Arab Republic is faced with a massive unrest.