Aneesh Phadnis &Amp;Amp; Samie Modak

Stories by Aneesh Phadnis &Amp;Amp; Samie Modak

Covid curbs hit flights, airlines see 10% drop in bookings

Covid curbs hit flights, airlines see 10% drop in bookings

Rediff.com   27 Feb 2021

Sources at Mumbai airport said seat occupancy has declined from around 70-72 per cent to 60-64 per cent in last three-four days as passengers are postponing or cancelling trips.

As Covid cases rise again, states impose restrictions

As Covid cases rise again, states impose restrictions

Rediff.com   26 Feb 2021

Here's what some states are doing to get a grip on the situation. Ruchika Chitravanshi & Aneesh Phadnis report

Trading glitch: Sebi, FinMin seek detailed report from NSE

Trading glitch: Sebi, FinMin seek detailed report from NSE

Rediff.com   25 Feb 2021

The exchange cited issues with its telecom service providers that prevented stocks and index quotations from getting updated.

Maharashtra's ultimatum to GM's union, management

Maharashtra's ultimatum to GM's union, management

Rediff.com   24 Feb 2021

Maharashtra's Labour Minister Dilip Walse-Patil has sought a written submission from the General Motors' (GM) Employees Union and the management of the company detailing its stance on the issue of plant closure. The labour minister asked the warring sides for submission at a hearing on Tuesday. Both sides have been given a week's time to reply.

Production slumps in the powerloom hub of Bhiwandi

Production slumps in the powerloom hub of Bhiwandi

Rediff.com   23 Feb 2021

Hit hard by volatility in yarn prices, 50% of the looms said to be operating only 3-4 days a week.

Petition by employees of debt-laden Jet Airways rejected

Petition by employees of debt-laden Jet Airways rejected

Rediff.com   23 Feb 2021

A committee of creditors had, in October, approved of the resolution plan submitted by UAE businessman Murari Lal Jalan and Kalrock Capital.

India Inc's profit contribution to GDP likely to jump three times

India Inc's profit contribution to GDP likely to jump three times

Rediff.com   22 Feb 2021

The bulk of the incremental profits will come from oil & gas and automobile sectors.

Sebi paves way for LIC's mega float

Sebi paves way for LIC's mega float

Rediff.com   18 Feb 2021

Sebi's change of rules will give the government -- which owns 100 per cent of LIC -- the flexibility to assess market demand and opt for lower dilution.

Corporate air travel takes wing on economic revival

Corporate air travel takes wing on economic revival

Rediff.com   15 Feb 2021

Online travel portals and airlines say the demand from companies is being led by essential services sectors like pharmaceutical, oil and gas, and power.

Public sector IPOs to warm up to anchor investors

Public sector IPOs to warm up to anchor investors

Rediff.com   29 Jan 2021

Through anchor allotment, a firm can demonstrate the demand for shares by getting marquee investors on board.

Ministry bats for coronavirus vaccines for aviation staff

Ministry bats for coronavirus vaccines for aviation staff

Rediff.com   25 Jan 2021

Railway employees including station masters, engine drivers, ticket checkers, etc too have been selected for vaccination and their list is being compiled for the exercise.

Tata Consumer may be added to Nifty

Tata Consumer may be added to Nifty

Rediff.com   16 Jan 2021

The firm is on course to replace state-owned Gail India in the widely-followed index during the semi-annual review set for March.

TCS' market capitalisation touches all-time high of Rs 12 trillion

TCS' market capitalisation touches all-time high of Rs 12 trillion

Rediff.com   15 Jan 2021

Currently, TCS is India's second most valuable firm after Reliance Industries, which has a market cap of nearly Rs 12.9 trillion.

As airlines spread wings, regional connectivity gets a boost

As airlines spread wings, regional connectivity gets a boost

Rediff.com   15 Jan 2021

While the number of operational airports in the country will rise to 131, other smaller towns too are seeing a surge in connectivity.

Mutual funds set for digital disruption

Mutual funds set for digital disruption

Rediff.com   31 Dec 2020

Mutual funds aspirants have the option of snapping up smaller AMCs or applying for a new licence.

''No' vote could mean liquidation of securities'

''No' vote could mean liquidation of securities'

Rediff.com   26 Dec 2020

'We know that returning money to unitholders at the earliest is the first and most important step towards resurrecting our brand and regaining investor trust.'

In midst of holiday season, Dubai flights hit by seat allocation dispute

In midst of holiday season, Dubai flights hit by seat allocation dispute

Rediff.com   25 Dec 2020

Dispute arose as Indian carriers objected to Emirates flying passengers beyond Dubai, and Dubai authorities complained that Indian airlines have been flying more flights than allocated to its carriers.

Night curfew: New Year parties, travel plans fizzle out

Night curfew: New Year parties, travel plans fizzle out

Rediff.com   24 Dec 2020

Miffed hotels, restaurants stare at huge losses on account of advance planning for events that they now have to shelve.

India's m-cap hits $2.5 trillion after soaring 91% from March lows

India's m-cap hits $2.5 trillion after soaring 91% from March lows

Rediff.com   17 Dec 2020

In rupee terms, India's market cap is currently about Rs 184 trillion - 90 per cent of the GDP of Rs 203 trillion for FY20 at current prices.

'If junk stocks are rising, one has to be careful'

'If junk stocks are rising, one has to be careful'

Rediff.com   16 Dec 2020

'Investors should put their money in stocks where the margin of safety is high.'