Aneesh Phadnis &Amp; Advait Rao Palepu

Stories by Aneesh Phadnis &Amp; Advait Rao Palepu

Jet Airways incident: Fliers stare at poor payout

Jet Airways incident: Fliers stare at poor payout

Rediff.com   22 Sep 2018

'Passengers of the Jet Airways flight will be entitled for compensation for discomfort and trauma, but it may not be Rs 2 million in this incident.'

All Jet Air passengers won't get free meals on domestic flights

All Jet Air passengers won't get free meals on domestic flights

Rediff.com   20 Sep 2018

Under the fare policy announced, domestic passengers opting for lowest fares will not be served complimentary meals

ICICI Lombard to use AI in processing insurance claims quickly

ICICI Lombard to use AI in processing insurance claims quickly

Rediff.com   19 Sep 2018

The artificial intelligence-based system aims to authorise cashless claims within 60-90 seconds and bring the turnaround time for investigations down to a one day, or even a few hours.

Planning to go to Goa for Diwali? Airfares up 30%

Planning to go to Goa for Diwali? Airfares up 30%

Rediff.com   18 Sep 2018

Analysts expect holiday fares to inch up further closer to the travel dates, but airlines may still not be able to fully recover higher costs as fuel costs remain elevated

328 fixed-dose combination drugs banned on safety grounds

328 fixed-dose combination drugs banned on safety grounds

Rediff.com   14 Sep 2018

The original list had named 349 drugs, but 15 drugs, approved prior to 1988, have been kept outside the purview of the ban

Kerala floods: Cochin airport files insurance claims worth Rs 340 crore

Kerala floods: Cochin airport files insurance claims worth Rs 340 crore

Rediff.com   11 Sep 2018

A senior executive of NIA confirmed the development and said that the insurance company is assessing damage to the airport's assets

Govt takes steps to regulate e-pharmacies

Govt takes steps to regulate e-pharmacies

Rediff.com   8 Sep 2018

Under the proposed rules, individuals or companies will have to register with the central licensing authority to run an e-pharmacy; state-wide registration is not required.

It's a win-win situation for people flying Jet Air to Europe

It's a win-win situation for people flying Jet Air to Europe

Rediff.com   6 Sep 2018

Last year, Jet Airways and Air France-KLM signed an enhanced cooperation agreement' for the development of their operations between Europe and India

This time Sebi has some good news for investors

This time Sebi has some good news for investors

Rediff.com   4 Sep 2018

The Indian market regulator had revamped the FPI regulations in 2014 giving custodians the mandate to collect and verify the KYC documentation of offshore investors

What awaits Urjit Patel in 3rd year as RBI governor

What awaits Urjit Patel in 3rd year as RBI governor

Rediff.com   1 Sep 2018

Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.

Boeing gives Jet Airways a helping hand

Boeing gives Jet Airways a helping hand

Rediff.com   21 Aug 2018

'Boeing has returned some cash to the airline which will help it improve the current liquidity crisis.'

The fault lines behind Cosmos Bank attack

The fault lines behind Cosmos Bank attack

Rediff.com   15 Aug 2018

The unidentified hackers had executed money transfers on two separate occasions - August 11 and August 13 - which raises the question of why pro-active measures were not taken on the first night itself

IBC process: Any buyers for these 137 firms facing liquidation?

IBC process: Any buyers for these 137 firms facing liquidation?

Rediff.com   14 Aug 2018

With assets depreciating over time, it will lead to large haircuts for lenders and creditors, say experts

'Jet loses Rs 50 mn to Rs 100 mn a day'

'Jet loses Rs 50 mn to Rs 100 mn a day'

Rediff.com   13 Aug 2018

Signs of financial stress were visible when the airline reported a loss of Rs 10.40 billion.

Vistara to fly 'Lite'; introduces no-frills fares

Vistara to fly 'Lite'; introduces no-frills fares

Rediff.com   10 Aug 2018

Vistara announced the new fare model giving its economy class customers the choice to forego complimentary meal for a ticket price which is Rs 500-1000 cheaper than the standard fare.

Will Ayushman Bharat disrupt the health insurance market?

Will Ayushman Bharat disrupt the health insurance market?

Rediff.com   10 Aug 2018

As a result of the mass state-led scheme, the processes in the health insurance market could get simplified over time and become uniform

How effective is the bankruptcy code?

How effective is the bankruptcy code?

Rediff.com   9 Aug 2018

Experts say that under the liquidation process, financial and operational creditors are less likely to recover the full-value of their dues, while employees may not get their full salaries.

Over 340 drugs to go off the shelves soon

Over 340 drugs to go off the shelves soon

Rediff.com   26 Jul 2018

Some of the popular brands that would be impacted include Phensedyl (Abbott), Tixylix (Abbott), Gluconorm PG (Lupin), Ascoril D (Glenmark), Solvin Cold (Ipca), D Cold Total (Paras Pharma).

5-yr motor insurance: Who benefits, who loses

5-yr motor insurance: Who benefits, who loses

Rediff.com   25 Jul 2018

Advait Rao Palepu reports how a recent Supreme Court order will impact motor vehicles insurance policies.

Why IHH's takeover of Fortis may not be smooth

Why IHH's takeover of Fortis may not be smooth

Rediff.com   19 Jul 2018

On Wednesday, Daiichi Sankyo's lawyers argued for a stay on stake sale by Fortis, which was opposed by counsels of the hospital chain and promoter entities.