Amritha Pillay &Amp;Amp; Shine Jacob

Stories by Amritha Pillay &Amp;Amp; Shine Jacob

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.

Indian Railways' heritage routes likely to be monetised

Indian Railways' heritage routes likely to be monetised

Rediff.com   10 Jul 2019

The railways heritage lines that are part of the UNESCO-accorded sites list include Darjeeling Himalayan Railway, Nilgiri Mountain Railway, and Kalka Shimla Railway.

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.

This is a reform-oriented Budget: Piyush Goyal

This is a reform-oriented Budget: Piyush Goyal

Rediff.com   6 Jul 2019

'Are all roads in India privatised? Are governments not playing a role in airports or ports? If they (private players) want to set up lines for a specific requirement, I see no reason to object. It will expand the opportunity and passengers will also benefit.'

Supermarkets in India may soon sell petrol, diesel

Supermarkets in India may soon sell petrol, diesel

Rediff.com   25 Jun 2019

If the reforms are implemented, multi-brand retail majors such as Future Group and Reliance Retail might enter the fuel retail space.

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.

Railways' massage plans finally go on track

Railways' massage plans finally go on track

Rediff.com   10 Jun 2019

The Ratlam division of the national transporter is planning to provide head and foot massages to passengers in 39 trains originating from Indore railway

Biggest challenge facing Modi's Ujjwala Yojana

Biggest challenge facing Modi's Ujjwala Yojana

Rediff.com   5 Jun 2019

One of the major challenges before the government is that the annual average refill by a PMUY consumer is 3.28 cylinders compared to seven for others.

3 in race to bag civil work contract of bullet train

3 in race to bag civil work contract of bullet train

Rediff.com   5 Jun 2019

L&T, Ircon International and Tata Projects have showed interest in a tender issued by the National High Speed Rail Corporation, implementing agency for the project. The tender is for construction of stations, bridges, viaducts, maintenance depots and tunnels.

Why infra firms in Andhra are staring at a bleak future

Why infra firms in Andhra are staring at a bleak future

Rediff.com   4 Jun 2019

Bhogapuram international airport, Ramayapatnam and Bandar ports, the Muktyala lift irrigation scheme and a bridge across the Krishna river are some of the projects likely to be hit.

Plan to make Maharashtra drought-free by 2019 fails miserably

Plan to make Maharashtra drought-free by 2019 fails miserably

Rediff.com   30 May 2019

Despite Chief minister Devendra Fadnavis' ambitious plan, 40 per cent of the state is reeling from drought and its water tanker economy is booming. As of February 2019, the state government declared drought in 151 of the 358 talukas.

Will petro products finally come under GST?

Will petro products finally come under GST?

Rediff.com   27 May 2019

The new government may also introduce a separate scheme for revival of stranded gas-based power projects

Another data mismatch! This time at the Railways

Another data mismatch! This time at the Railways

Rediff.com   16 May 2019

A change in electrification criterion in April 2017, with retrospective effect, helped the government add "already electrified 3,090 rkm" to its credit.

'Congress is not serious about its fight against BJP'

'Congress is not serious about its fight against BJP'

Rediff.com   5 May 2019

'The Congress's arrogance and unrealistic claims have weakened the anti-BJP movement at the national level.'

India's 13 biggest cos saw 121 deaths due to accidents

India's 13 biggest cos saw 121 deaths due to accidents

Rediff.com   1 May 2019

The 13 firms under consideration had nearly a million employees as of March 2018, including contractual and temporary workforce.

Why FY19 was the busiest for RIL's M&A team in 10 years

Why FY19 was the busiest for RIL's M&A team in 10 years

Rediff.com   29 Apr 2019

Reflective of the conglomerate's ambition to turn into a consumer-driven business, most of the 33 acquisitions in the last financial year were for its digital, retail, or related verticals.

Low demand dents Ola, Uber's plans for parking space at rail stations

Low demand dents Ola, Uber's plans for parking space at rail stations

Rediff.com   24 Apr 2019

The investments by Uber and Ola included setting up kiosks, incentivising drivers for parking at the railway stations, and payments to the Indian Railways.

RIL-Aramco deal fits well for both their future strategies

RIL-Aramco deal fits well for both their future strategies

Rediff.com   23 Apr 2019

Aramco also plans to invest in building India's largest oil refinery on the country's west coast.

'Cement industry in India is institutionalising'

'Cement industry in India is institutionalising'

Rediff.com   20 Apr 2019

With infrastructure claiming a larger share, movement and distribution of cement is bound to change.

Major churn among top ranks at Vedanta Cairn

Major churn among top ranks at Vedanta Cairn

Rediff.com   11 Apr 2019

The company management remained tight-lipped about the resignations, but indicated there was nothing unusual in these movements.