Amritha Pillay &Amp; Dev Chatterjee

Stories by Amritha Pillay &Amp; Dev Chatterjee

Deepak Kochhar's NuPower in fresh controversy

Deepak Kochhar's NuPower in fresh controversy

Rediff.com   27 Apr 2018

Shareholder advisory companies are raising eyebrows at the ICICI Bank board not being aware of Firstland's investment in NuPower

Company set up by Kochhar bros failed to repay Rs 30 crore loans

Company set up by Kochhar bros failed to repay Rs 30 crore loans

Rediff.com   19 Apr 2018

Kochhar brothers stepped down from the board of Credential Finance by 2009. While Deepak Kochhar started NuPower Renewables, Rajiv set up Avista Advisory Group

Rajiv Kochhar's Avista Advisory earned Rs 300 crore in the last four years

Rajiv Kochhar's Avista Advisory earned Rs 300 crore in the last four years

Rediff.com   18 Apr 2018

Avista helped some companies restructure their debt in such a way that overseas investors had to take a steep haircut

Deepak Kochhar, the man in the muddle

Deepak Kochhar, the man in the muddle

Rediff.com   10 Apr 2018

How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.

2 Kochhar firms had combined loss of Rs 162.25m in FY17

2 Kochhar firms had combined loss of Rs 162.25m in FY17

Rediff.com   7 Apr 2018

This was the companies' highest loss in two years.

Videocon paid ICICI Bank dues worth Rs 1000 cr till Dec last year

Videocon paid ICICI Bank dues worth Rs 1000 cr till Dec last year

Rediff.com   6 Apr 2018

NuPower will return loan with interest to consumer durables major by 2021

Insolvency: Uttam Galva seeks 50% haircut. Will SBI oblige?

Insolvency: Uttam Galva seeks 50% haircut. Will SBI oblige?

Rediff.com   19 Mar 2018

Uttam Galva Steels is a part of the Reserve Bank of India's second list of cases, which will be referred to the bankruptcy tribunal for insolvency proceedings after lenders failed to resolve the account by December 2017.

How Brand Adani plans to go for an image change

How Brand Adani plans to go for an image change

Rediff.com   5 Mar 2018

Under political fire and ecologists' ire, the group hires Suhel Seth, who will work closely with the promoters and the social media, corporate communications and external public relations team.

PNB scam: Bank ignored auditors' warning

PNB scam: Bank ignored auditors' warning

Rediff.com   28 Feb 2018

The banks also received a warning from the rating agency Care, in February 2016, after Firestar's financials deteriorated.

Bidders for stressed assets seek level playing field

Bidders for stressed assets seek level playing field

Rediff.com   16 Feb 2018

The code says the process is intended to balance the interests of all stakeholders and the resolution plan is also required to make a statement as to how it has dealt with these interests.

India Inc shops abroad for cheaper coal

India Inc shops abroad for cheaper coal

Rediff.com   12 Feb 2018

Between 2007-08 and 2017-18, the number of countries they imported steam coal from has increased from six to 12.

Road construction companies go hi-tech; plan to use robotic flagmen

Road construction companies go hi-tech; plan to use robotic flagmen

Rediff.com   24 Jan 2018

The use of such robots can not only save lives but can also help road construction companies cut down on labour costs.

India's Super Rich got richer in 2017

India's Super Rich got richer in 2017

Rediff.com   8 Jan 2018

Of the 23 Indian billionaires mentioned in the Bloomberg Billionaires Index, only one saw a reduction in net worth, with the companies owned by most of them outperforming the Nifty 50 index by a big margin.

India Inc's new investment proposals down to 13-yr low in Q3

India Inc's new investment proposals down to 13-yr low in Q3

Rediff.com   2 Jan 2018

Companies announce Rs 768 bn worth investments in Dec quarter versus Rs 1.15 trn in Sep quarter

BJP back in Gujarat a positive for Tata, Adani power plants

BJP back in Gujarat a positive for Tata, Adani power plants

Rediff.com   31 Dec 2017

The negotiations for a bail-out of the two plants could see continuity though a weakened BJP majority is a cause of concern among analysts, says Amritha Pillay.

RInfra will soon be debt-free at standalone level

RInfra will soon be debt-free at standalone level

Rediff.com   22 Dec 2017

The company will now focus on value creation for shareholders in the defence and construction businesses.

Modi may now focus on reforms; give sops to taxpayers

Modi may now focus on reforms; give sops to taxpayers

Rediff.com   19 Dec 2017

CEOs expect populist measures in the Budget, to help the poor and marginalised, who make up for the largest section of voters.

Labour pain for India's infra sector

Labour pain for India's infra sector

Rediff.com   1 Dec 2017

The labour force at large has turned less needy, due to various government financial incentives and freebies.

RCom's cup of woes spills over

RCom's cup of woes spills over

Rediff.com   28 Nov 2017

China Development Bank takes Reliance Communications to NCLT over loan default

IBC tweak: 'Wilful defaulters' may now seek legal help

IBC tweak: 'Wilful defaulters' may now seek legal help

Rediff.com   24 Nov 2017

Essar group, Bhushan Steel and JSW group likely to be impacted by changes