Amritha Pillay &Amp; Dev Chatterjee

Stories by Amritha Pillay &Amp; Dev Chatterjee

Anil Ambani's RInfra completes sale of Mumbai power assets biz to Adani

Anil Ambani's RInfra completes sale of Mumbai power assets biz to Adani

Rediff.com   30 Aug 2018

The deal includes Reliance Infrastructure's integrated business of Generation, Transmission and Retail Electricity Distribution

Aditya Birla, US firm Vrde Partners in $1-billion JV for stressed assets

Aditya Birla, US firm Vrde Partners in $1-billion JV for stressed assets

Rediff.com   30 Aug 2018

Vrde currently manages about $14 billion globally, and has invested nearly $500 million in India in the past five years

Adani group, RIL, Tata lead race to buy bankrupt firms

Adani group, RIL, Tata lead race to buy bankrupt firms

Rediff.com   29 Aug 2018

Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.

Mukesh Ambani plans his next disruption; this time as a buyer

Mukesh Ambani plans his next disruption; this time as a buyer

Rediff.com   28 Aug 2018

With RIL supplying about 47 per cent of the domestic petcoke production, current dynamics are bound to change.

L&T okays Rs 9,000 crore buyback offer, its first in 80 years

L&T okays Rs 9,000 crore buyback offer, its first in 80 years

Rediff.com   24 Aug 2018

According to current regulations, a company's buyback offer size cannot exceed 25 per cent of its paid up capital plus reserves

Anil Ambani's RPower wins coal mine case in Indonesia

Anil Ambani's RPower wins coal mine case in Indonesia

Rediff.com   24 Aug 2018

In 2010, R Power acquired 100 per cent economic interest in three coal mining concessions in Indonesia

Adani group's Australia woes continue

Adani group's Australia woes continue

Rediff.com   9 Aug 2018

Sources said Adani had not been able to tie up any financing for the coal project

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.'

Was India at all ready for monorail?

Was India at all ready for monorail?

Rediff.com   25 Jul 2018

Mumbai Monorail was to be built in two phases - Phase I of 8.93 km and Phase II of 11.20 km. The first phase ran operations for around three years before services were abruptly halted, owing to a fire incident last year. The second phase now stands completed, but is lying closed.

GoAir readies ambitious plans to boost growth

GoAir readies ambitious plans to boost growth

Rediff.com   16 Jul 2018

The Wadia group-owned airline is building a new management team and putting in place strategies for efficient operations. Leading the change is Cornelis Vrieswijk, the airline's new chief executive officer.

Mumbai bridge collapse exposes its poor infrastructure

Mumbai bridge collapse exposes its poor infrastructure

Rediff.com   4 Jul 2018

Tuesday's bridge collapse once again puts the spotlight on the city's urban infrastructure and a dire need for its development.

Rupee depreciates 0.55% to near its lowest ever on China-US trade war

Rupee depreciates 0.55% to near its lowest ever on China-US trade war

Rediff.com   28 Jun 2018

While far from being a currency war, India does not have much of an option but to depreciate to accommodate its exports at a time when China shows its intent to let its currency depreciate.

Still no transparency in Maharashtra's plastic ban

Still no transparency in Maharashtra's plastic ban

Rediff.com   27 Jun 2018

Retailers, especially food and grocery chains, are clearly unhappy, saying the ban is impractical

Chandra's Midas touch helps Tata group profit to rise 35%

Chandra's Midas touch helps Tata group profit to rise 35%

Rediff.com   22 Jun 2018

On the other hand, the group's two traditional cash cows, TCS and Tata Motors' subsidiary Jaguar Land Rover, are slowing as other businesses pick up pace

Flipkart shows retail majors how to play the online game

Flipkart shows retail majors how to play the online game

Rediff.com   13 May 2018

Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?

The UK businessman saving Indian companies from insolvency

The UK businessman saving Indian companies from insolvency

Rediff.com   12 May 2018

Sanjeev Gupta of Liberty House, a global supplier of metals and engineering solutions, who has emerged front-runner for a number of stressed companies, plans to fund a string of companies through a mix of equity and debt.

Land acquisition a major hurdle for India's infra, energy sectors

Land acquisition a major hurdle for India's infra, energy sectors

Rediff.com   10 May 2018

According to data shared with the Lok Sabha, 19 road projects awarded after May 2014 were facing delays

'Fuel at Doorstep' remains a distant dream for retail users

'Fuel at Doorstep' remains a distant dream for retail users

Rediff.com   10 May 2018

The permission right now is for delivery only for stationary usage. This limits the service to those who operate units like diesel generation sets.

Tata Sons asks Sivasankaran to pay back Rs 700 crore loan

Tata Sons asks Sivasankaran to pay back Rs 700 crore loan

Rediff.com   9 May 2018

Siva group defaulted on payment in 2016 and is also facing CBI investigation

How Nirma plans to 'cement' its marketshare via IPL

How Nirma plans to 'cement' its marketshare via IPL

Rediff.com   28 Apr 2018

Nirma has jumped into the ongoing cricket spectacle - IPL - as the principal sponsor for the Virat Kohli-led Royal Challengers Bangalore to raise awareness and recognition for the cement brands it acquired after its purchase of the erstwhile Lafarge India's assets in 2016