Aneesh Phadnis &Amp; Samie Modak

Stories by Aneesh Phadnis &Amp; Samie Modak

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.'

Technical glitch at NSDL hits e-voting at many firms

Technical glitch at NSDL hits e-voting at many firms

Rediff.com   13 Aug 2018

Cochin Shipyard, BASF India, Ingersoll Rand, Eicher Motors, Federal Bank, and Timken India are some of the firms where voting could have got affected, sources said.

'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.

Should Sebi be given such 'draconian' powers?

Should Sebi be given such 'draconian' powers?

Rediff.com   10 Aug 2018

Interception of electronic communication should also be covered in the powers being sought, the report said.

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).

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.

Investors miffed by recent spate of buyback withdrawals

Investors miffed by recent spate of buyback withdrawals

Rediff.com   17 Jul 2018

In recent months, three companies - PC Jeweller, Vakrangee and Kwality - decided to withdraw their share buyback proposals

How Fortis Healthcare's fortunes will change post acquisition by IHH

How Fortis Healthcare's fortunes will change post acquisition by IHH

Rediff.com   16 Jul 2018

In its investor presentation, IHH said it wanted to develop Fortis into a market leader.

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.

HAL's Sukhoi crash to cost insurer Rs 250 crore

HAL's Sukhoi crash to cost insurer Rs 250 crore

Rediff.com   5 Jul 2018

This will be the largest claim in the aviation sector for Indian insurers in the last three years

Sensex, rupee jump most in a month

Sensex, rupee jump most in a month

Rediff.com   30 Jun 2018

'After multiple days of losses, any relief rally is welcome. However, the trend hasn't changed.'

Plastic ban: Airlines switch to eco-friendly cutlery, bottles

Plastic ban: Airlines switch to eco-friendly cutlery, bottles

Rediff.com   27 Jun 2018

The Maharashtra government has banned the use of single disposable items made from plastic such as spoons, forks, cups, glasses. Plastic bags and wrap used for packaging or storing products too is covered under ban.

Why govt's drive to promote generic drugs is flawed

Why govt's drive to promote generic drugs is flawed

Rediff.com   15 Jun 2018

Experts believe the move will have little impact given limited production of generic drugs and authority of doctors in prescribing medicines.

Has Tony Fernandes got AirAsia stuck in turbulence?

Has Tony Fernandes got AirAsia stuck in turbulence?

Rediff.com   9 Jun 2018

One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.

FPIs sold Indian stocks, bonds worth $ 7 bn since April

FPIs sold Indian stocks, bonds worth $ 7 bn since April

Rediff.com   4 Jun 2018

While selling started in April, it has intensified this month, with FPIs pulling out $1.1 billion and $2.5 billion from equities and debt market, respectively

'Investing in India is like joining the mafia'

'Investing in India is like joining the mafia'

Rediff.com   21 May 2018

With Karnataka election results out of the way and as several key states, including Madhya Pradesh and Rajasthan, prepare for assembly polls later this year ahead of the 2019 general election, Shankar Sharma, vice-chairman and joint managing director, First Global, advises investors to ignore all the noise around the elections.

Two-time CEO Nikos Kardassis returns to Jet Airways

Two-time CEO Nikos Kardassis returns to Jet Airways

Rediff.com   18 May 2018

Kardassis, who quit the airline in 2013, will advise Goyal and senior management on cost-saving and productivity improvement

Be sensitive while dealing with unruly flyers, IndiGo tells crew

Be sensitive while dealing with unruly flyers, IndiGo tells crew

Rediff.com   15 May 2018

IndiGo and other airlines have said they are improving their staff training, looking at better ways of communication and customer awareness on operational matters.

At 25, can Jet Airways restore its earlier leadership position?

At 25, can Jet Airways restore its earlier leadership position?

Rediff.com   4 May 2018

A resurgent SpiceJet is spreading its wings and Vistara is set to challenge Jet on long-haul routes in the coming years.