Amritha Pillay And Jyoti Mukul

Stories by Amritha Pillay And Jyoti Mukul

Mumbai staring at massive labour shortage

Mumbai staring at massive labour shortage

Rediff.com   11 May 2020

Several on-site labourers in the city want to take special trains being run to transport workers back home. The rising number of COVID-19 cases in the city has caused anxiety among them.

Centre ups infra projects offering to Rs 111-trillion

Centre ups infra projects offering to Rs 111-trillion

Rediff.com   30 Apr 2020

The infrastructure spending target for 2020-25 was revised because of additional and amended data provided by central ministries, state governments since the release of the summary NIP Report in December 2019 when it was pegged at Rs 100 trillion.

Curious case of 171 Mumbai scribes recovering after testing positive

Curious case of 171 Mumbai scribes recovering after testing positive

Rediff.com   29 Apr 2020

Of the 171 Mumbai scribes tested on April 15, 53 tested positive on April 20. Of the 53 tested positive, 31 were treated and discharged on April 26. A large number of positive cases and later a quick recovery within less than a week have baffled many. Amritha Pillay reports.

How RIL plans to become zero net debt company

How RIL plans to become zero net debt company

Rediff.com   28 Apr 2020

RIL's debt stood at Rs 3.06 trillion as of December 2019, against Rs 2.87 trillion in March 2019.

Why shale holdings of RIL, GAIL are under pressure

Why shale holdings of RIL, GAIL are under pressure

Rediff.com   25 Apr 2020

American refiners closed some of their production, leading to futures trade benchmarked to the West Texas Intermediate going negative.

Centre's lockdown plan: Red, Orange and Green zones

Centre's lockdown plan: Red, Orange and Green zones

Rediff.com   13 Apr 2020

It is likely the government will divide the country into different zones during the proposed extended period of lockdown and might permit a few services to function in safe zones.

India Inc gears up for life after lockdown

India Inc gears up for life after lockdown

Rediff.com   11 Apr 2020

Experts say the focus is on preserving liquidity as there is uncertainty over the duration and impact of the 21-day nationwide lockdown imposed to check the spread of COVID-19.

Manufacturing cos look to kickstart ops post-lockdown

Manufacturing cos look to kickstart ops post-lockdown

Rediff.com   8 Apr 2020

According to sources, government officials have asked industry bodies and manufacturers to submit key concerns and requirements to begin manufacturing activity.

Coronavirus spread: Retailers, multiplexes, mall owners spar over rentals

Coronavirus spread: Retailers, multiplexes, mall owners spar over rentals

Rediff.com   20 Mar 2020

Retailers and multiplex operators want mall owners to either forgo rent for the period of the shutdown or lower rent in the event the mall is open but footfalls are low.

Govt to offload entire BPCL stake valued at Rs 46,300 cr

Govt to offload entire BPCL stake valued at Rs 46,300 cr

Rediff.com   8 Mar 2020

The sale is key to meeting the government's disinvestment target of Rs 2.1 trillion in the financial year 2020-21. So far, the disinvestment exercise has fetched the government Rs 34,845 crore during the current financial year.

L&T plans to cut debt by Rs 30,000 crore

L&T plans to cut debt by Rs 30,000 crore

Rediff.com   5 Mar 2020

To sell off L&T IDPL, Nabha Power; transfer Hyderabad Metro to an InvIT.

Most Indians not comfortable with woman as CEO

Most Indians not comfortable with woman as CEO

Rediff.com   27 Feb 2020

In India, 39 per cent of the sample of a survey said 'very comfortable' for a woman heading the government, higher than 34 per cent who replied with 'very comfortable' for a woman heading a company. However, men are less accepting of such appointments.

PSU telcos too hit with demand to pay AGR dues

PSU telcos too hit with demand to pay AGR dues

Rediff.com   16 Feb 2020

Oil India and other PSUs had filed clarificatory /modificatory petition before the Supreme Court. These companies own and operate telecom networks though they do not provide telecom services.

Investors could find BPCL's work culture delightful

Investors could find BPCL's work culture delightful

Rediff.com   11 Jan 2020

'BPCL has always been spoken about as a multinational company though it is State-run... this sets our work culture also apart.'

BPCL stake sale: An acid test for Modi govt

BPCL stake sale: An acid test for Modi govt

Rediff.com   26 Dec 2019

Though the NDA government had been trying to privatise 20 companies, a decision for which was taken in 2017, and included national carrier Air India, the investor community evinced little enthusiasm for any of them. Now, with an in-principle approval for privatisation of BPCL, CCI and SCI, the government has taken the plunge again.

Adani Power looks at debt refinance to reduce cost

Adani Power looks at debt refinance to reduce cost

Rediff.com   14 Dec 2019

Adani Power expects to reduce its annual interest cost to Rs 1,900 crore, from the current Rs 3,800 crore through low cost funding.

India's manufacturing capacity utilisation declines to the lowest ever

India's manufacturing capacity utilisation declines to the lowest ever

Rediff.com   6 Dec 2019

Industry players said they were indeed seeing a serious fall in capacity usage, though some sectors were seeming to prevent further fall in the overall capacity utilisation.

Infra developers in wait and watch mode in new Uddhav-led coalition govt

Infra developers in wait and watch mode in new Uddhav-led coalition govt

Rediff.com   4 Dec 2019

Shiv Sena has so far expressed concerns over car shed for the city's planned metro network, the bullet train and the West Coast refinery projects.

India Inc is hiring more contract workers these days

India Inc is hiring more contract workers these days

Rediff.com   25 Nov 2019

Lower cost and easier termination may well be among the reasons that companies seek to have employees on contract. The share of employees on contract has increased to 57.3 per cent of the total workforce this year as compared to 53.7 per cent in the previous year.

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.