Aneesh Phadnis &Amp; Subhayan Chakraborty

Stories by Aneesh Phadnis &Amp; Subhayan Chakraborty

Post restructuring, SBI-led consortium may hold around 40% stake in Jet

Post restructuring, SBI-led consortium may hold around 40% stake in Jet

Rediff.com   17 Jan 2019

The airline has struggled to pay salaries and vendors on time and its Rs 10,963 crore fund and non fund based facilities have now been assigned 'D' rating by ICRA - the seventh rating downgrade since March 2017.

How govt plans to cut down food wastage

How govt plans to cut down food wastage

Rediff.com   16 Jan 2019

Centre has already started work on developing a mechanism to ensure states producing any item in excess is able to transport it to other states where there is demand

How Mumbai airport shutdown will affect you

How Mumbai airport shutdown will affect you

Rediff.com   14 Jan 2019

Fares to key routes such as Delhi, Bengaluru, and Hyderabad may shoot up 80 per cent

Why Chinese firms are under govt lens

Why Chinese firms are under govt lens

Rediff.com   10 Jan 2019

The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.

After China setback, Apple is keen to woo Indian govt

After China setback, Apple is keen to woo Indian govt

Rediff.com   7 Jan 2019

Commerce and Industry Minister Suresh Prabhu is slated to meet senior executives of Apple on the sidelines of the World Economic Forum in Davos later this month.

In a major climbdown, govt now says e-commerce firms can sell pvt labels

In a major climbdown, govt now says e-commerce firms can sell pvt labels

Rediff.com   4 Jan 2019

Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.

As Jet defaults on loan, its credit rating slips to 'D'

As Jet defaults on loan, its credit rating slips to 'D'

Rediff.com   3 Jan 2019

Over the past several months, the airline has struggled to pay vendors and staff salaries on time.

SBI orders forensic audit of Jet's accounts

SBI orders forensic audit of Jet's accounts

Rediff.com   15 Dec 2018

Jet has come under regulatory scrutiny twice this year.

Ambani wedding sees Mumbai airport handle a record 1004 flights

Ambani wedding sees Mumbai airport handle a record 1004 flights

Rediff.com   10 Dec 2018

The airport sees 950-960 aircraft movements daily, and Saturday saw an additional 37 flights to Udaipur as celebrities, filmstars and politicians made a dash to the city for pre-wedding celebrations.

Is govt's $60 billion agri exports target feasible?

Is govt's $60 billion agri exports target feasible?

Rediff.com   7 Dec 2018

Aiming to push India into the list of the top 10 agri export nations, the policy has been backed by the Prime Minister's Office

Why ATF price cut won't lead to cheaper flight tickets

Why ATF price cut won't lead to cheaper flight tickets

Rediff.com   7 Dec 2018

However, the reduction in ATF prices will provide some cushion to airlines engaged in a protracted price war have lost control over pricing in one the world's most price sensitive domestic markets.

To trim losses Jet suspends flights to 9 destinations

To trim losses Jet suspends flights to 9 destinations

Rediff.com   6 Dec 2018

The airline has closed reservation for flights to Silchar, Imphal, Aizawl, Jorhat in northeastern states from mid-February. Reservation has also been closed for flights to Madurai, Visakhapatnam, Raipur, Muscat and Sharjah.

Manufacturing PMI at 11-month high of 54 in Nov

Manufacturing PMI at 11-month high of 54 in Nov

Rediff.com   4 Dec 2018

The expansion in total new orders was supported by greater sales to international markets

At G20 meet, PM will sell India as a hot investment destination

At G20 meet, PM will sell India as a hot investment destination

Rediff.com   29 Nov 2018

The G20 chair has suggested three areas for the talks in Argentina - the future of work, infrastructure for development and a sustainable food future, areas where India has a lot at stake.

Modi bracing for tough RCEP meet in Singapore

Modi bracing for tough RCEP meet in Singapore

Rediff.com   12 Nov 2018

Modi will have limited choice other than stressing upon a request for more time to decide on tariff rates, especially with elections in 2019.

Ease of Doing Business: How REAL is India's ranking?

Ease of Doing Business: How REAL is India's ranking?

Rediff.com   9 Nov 2018

For the second year in a row, India has been recognised as the fifth-best performing nation in reforming the business environment. However, in the two categories that the government was banking on most - "Paying Taxes" and "Resolving Insolvency" - landmark reforms that were expected to yield better results have had the opposite effect. Under the circumstances should the country celebrate already or are there any reasons for worry, wonders Subhayan Chakraborty.

Mallya's luxury jet sale gets caught in red tape

Mallya's luxury jet sale gets caught in red tape

Rediff.com   6 Nov 2018

Five years on, US company that won the auction for the aircraft is running pillar-to-post, unable to take possession as DGCA hasn't deregistered the jet

Cash-strapped Jet turns the squeeze on travel agents

Cash-strapped Jet turns the squeeze on travel agents

Rediff.com   3 Nov 2018

Want last year's bonus? Sell our tickets: Jet Airways tells travel agents.

What went wrong with Lion Air flight that killed India's Bhavye Suneja

What went wrong with Lion Air flight that killed India's Bhavye Suneja

Rediff.com   30 Oct 2018

Indonesia-based Lion Air Flight JT610, a three-month old 737 MAX 8, took off from capital Jakarta at 6.20 am local time on Monday and lost contact 13 minutes later when it was at an altitude of about 3,000 feet.

Will Tatas buy majority stake in Jet Air?

Will Tatas buy majority stake in Jet Air?

Rediff.com   29 Oct 2018

However, any progress on the deal depends upon Goyal giving up control of the company.