Amritha Pillay &Amp; Dev Chatterjee

Stories by Amritha Pillay &Amp; Dev Chatterjee

Why India Inc is unwilling to hire women

Why India Inc is unwilling to hire women

Rediff.com   22 Nov 2019

The lack of a strong diversity policy on the part of companies, a limited pool of women candidates as well as socio-cultural factors contribute to their low numbers.

If Voda-Idea goes belly-up, shareholders will lose Rs 1.68 trillion

If Voda-Idea goes belly-up, shareholders will lose Rs 1.68 trillion

Rediff.com   21 Nov 2019

Collapse of the mobile operator could translate into total loss of nearly Rs 44,000 crore for the AV Birla group.

Patanjali's Rs 4,000-cr loan: Another big headache for banks

Patanjali's Rs 4,000-cr loan: Another big headache for banks

Rediff.com   6 Nov 2019

Despite sanctioning the loans, bankers are worried whether to disburse the loan because of absence of an investment grade rating.

India's economic slowdown will reverse in coming quarters: Mukesh Ambani

India's economic slowdown will reverse in coming quarters: Mukesh Ambani

Rediff.com   30 Oct 2019

Mukesh Ambani, who is in talks with Saudi Arabian oil giant Aramco to sell one-fifth of his oil-to-chemicals business in India for $ 15 billion, said the two countries have all factors to drive growth - technology, young demography, and leadership.

Refining margins may boost RIL's earnings

Refining margins may boost RIL's earnings

Rediff.com   16 Oct 2019

10 analysts estimated RIL's consolidated net profit at Rs 11,256 crore and nine analysts estimated revenue at Rs 1.5 trillion.

PMC Bank chairman's HDIL link runs really deep

PMC Bank chairman's HDIL link runs really deep

Rediff.com   4 Oct 2019

While Waryam Singh was a non-executive director at HDIL, he is listed as one of the promoters of the company and had relations, including shareholding, with several other entities controlled by the Wadhawans, the HDIL founders.

Should BMW buy JLR from Tata Motors?

Should BMW buy JLR from Tata Motors?

Rediff.com   19 Sep 2019

BMW is over-capitalised and is awash with cash and it could quickly lower JLR's investment costs and raise margins by leveraging its own platforms, powertrains, purchasing scale and quality control.

Gautam Thapar, three others banned from markets over CG Power fraud

Gautam Thapar, three others banned from markets over CG Power fraud

Rediff.com   18 Sep 2019

Sebi said Thapar-promoted and -related entities owed Rs 1,723.19 crore as receivables to the company, while connected parties owed another Rs 462.74 crore.

Yet another sign that economy is in bad shape

Yet another sign that economy is in bad shape

Rediff.com   11 Sep 2019

India Inc's investment project announcement falls to Rs 11.3 trillion. In the coming months, the pace of investments would depend on how soon consumption demand picks up and private sector investment ramps up investment in infrastructure.

Tata Sons AGM okays 1000% dividend payout

Tata Sons AGM okays 1000% dividend payout

Rediff.com   24 Aug 2019

The higher dividend will help Tata Trusts, which owns 67 per cent stake in Tata Sons, to invest in its charitable activities. The total dividend outgo will be Rs 404 crore.

Banks should pass on rate-cut benefits to spur investment, says India Inc

Banks should pass on rate-cut benefits to spur investment, says India Inc

Rediff.com   8 Aug 2019

CEOs have complained that high interest rates have blocked their investment decisions. At the same time, customers are also deferring their purchases for new consumer durables, cars, and homes.

Credit Suisse downgrades RIL to underperform

Credit Suisse downgrades RIL to underperform

Rediff.com   6 Aug 2019

The brokerage reduced its target price for the company to Rs 995 per share from Rs 1,350 apiece. Credit Suisse said RIL's liabilities increased from $19 billion to $65 billion in four years.

RIL looks to revive upstream biz

RIL looks to revive upstream biz

Rediff.com   5 Aug 2019

With two of its clusters - R-Series and Satellite Series - likely to start production in the next two years, the company looks to turn around production from this business.

MDs on 'forced' leave, but its business as usual for ICRA and Care Ratings

MDs on 'forced' leave, but its business as usual for ICRA and Care Ratings

Rediff.com   26 Jul 2019

The reason for both the officials being sent on leave is the same - an anonymous complaint received by the market regulator against the agency.

Anil Ambani's RInfra staring at yet another legal hurdle

Anil Ambani's RInfra staring at yet another legal hurdle

Rediff.com   9 Jul 2019

RInfra's plan to lease out headquarters property may face legal hurdle. Moreover, PE players with balance sheets that can take on Reliance Centre Office in Santacruz would be limited and include a handful of players such as Blackstone group, GIC, Brookfield Asset Management and Maplewood Investments.

How Chandra plans to tackle the 2 key challenges of Tata group

How Chandra plans to tackle the 2 key challenges of Tata group

Rediff.com   24 Jun 2019

At the end of 2018-19, the Tata group had a consolidated debt of Rs 2.77 trillion. Tatas not only plan to avoid big-ticket acquisitions for now, the group's main focus will be on improving key metrics and reduce debt, say Shally Seth Mohile & Dev Chatterjee.

Anil Ambani on why there's sharp fall in his group firm shares

Anil Ambani on why there's sharp fall in his group firm shares

Rediff.com   19 Jun 2019

He said unwarranted rumour-mongering, speculation, and bear hammering of all Reliance Group companies shares over the last few weeks had caused grave damage to all our stakeholders.

How IL&FS bosses showed fictitious profits for salary hikes

How IL&FS bosses showed fictitious profits for salary hikes

Rediff.com   10 Jun 2019

Besides 15 loan transactions to the Siva group of companies, the former directors also used unique methods to ensure the group did not get into the default list.

India Inc heaves sigh of relief over 30-day grace for loan default

India Inc heaves sigh of relief over 30-day grace for loan default

Rediff.com   8 Jun 2019

Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.

Fear grips financial sector as DHFL defaults on payment

Fear grips financial sector as DHFL defaults on payment

Rediff.com   7 Jun 2019

Nomura analysts said the Reserve Bank of India and the government would need to segregate the potential solvency issue at DHFL from liquidity issues at other larger wholesale NBFCs and HFCs.