Aneesh Phadnis And Abhijit Lele

Stories by Aneesh Phadnis And Abhijit Lele

Keen to reduce debt, banks get tough with large borrowers

Keen to reduce debt, banks get tough with large borrowers

Rediff.com   21 Feb 2017

The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end.

Good news for heart patients: Stent prices reduced by 85%!

Good news for heart patients: Stent prices reduced by 85%!

Rediff.com   16 Feb 2017

Aneesh Phadnis and Veena Mani find out what the manufacturers and the hospitals have to say.

How GVK pipped GMR to bag Navi Mumbai airport bid

How GVK pipped GMR to bag Navi Mumbai airport bid

Rediff.com   14 Feb 2017

Offers 12.60% in revenue share to Cidco, while only other bidder GMR offered 10.44%.

Indian pharma's Trump fears

Indian pharma's Trump fears

Rediff.com   1 Feb 2017

Industry fears tougher US stance on IP after President Donald Trump asserted that foreign countries must pay a fair share for drug development costs. Aneesh Phadnis reports.

MFI profitability hit by note ban, says ICRA report

MFI profitability hit by note ban, says ICRA report

Rediff.com   27 Jan 2017

Collection dived to 75-80% in November-December from 99% after demonetisation.

For India's airlines, the battle this time is over time, not price

For India's airlines, the battle this time is over time, not price

Rediff.com   23 Jan 2017

Competition is intense and with the blurring of differences in service proposition and fares, it becomes imperative that airlines use their on-time performance for messaging and brand building.

Flying abroad on Air India to become costlier

Flying abroad on Air India to become costlier

Rediff.com   20 Jan 2017

Air India on Thursday increased the fuel surcharge component in fares on several routes.

Axis Bank net slumps 73% on provisioning

Axis Bank net slumps 73% on provisioning

Rediff.com   20 Jan 2017

Axis Bank's loan portfolio quality deteriorated, with gross NPAs rising to 5.22% of gross advances.

The untold story: Credit growth slows after note ban

The untold story: Credit growth slows after note ban

Rediff.com   20 Jan 2017

Banks lend 60,000 cr in 8 weeks since Nov 8; Y-o-Y credit expansion slows further.

IT, pharma firms have lion's share biz travel spend

IT, pharma firms have lion's share biz travel spend

Rediff.com   19 Jan 2017

Apart from IT and pharma, the lead spenders in travel are construction, automobile and metals and mining companies and together these sectors accounted for 82 per cent of business travel spend in India in 2015, up from 78 per cent in 2013.

After 9 weeks currency in circulation shows rise

After 9 weeks currency in circulation shows rise

Rediff.com   19 Jan 2017

Going by the pace, almost 80 per cent of the demonetised currency is expected to be replaced by end-February.

Handcuffed from Dubai to Delhi

Handcuffed from Dubai to Delhi

Rediff.com   17 Jan 2017

With passengers flying Indian skies getting more and more unruly, day by day, airlines are forced to stock rope and handcuffs on board and use them as they did the other day on a Dubai-Delhi flight.

Ramdev's Patanjali gets a rating upgrade from Icra

Ramdev's Patanjali gets a rating upgrade from Icra

Rediff.com   17 Jan 2017

The upgrade, said Icra, takes into account the "robust internal accrual generation, leading to low reliance on debt, as well as gearing levels, and strong debt protection metrics".

Trump policies no threat, say Indian drug companies

Trump policies no threat, say Indian drug companies

Rediff.com   13 Jan 2017

In his press conference on Wednesday, Trump targeted drug-makers and vowed to bring back production in the US.

SBI rolls out teaser home loans after 8 years

SBI rolls out teaser home loans after 8 years

Rediff.com   3 Jan 2017

A teaser loan is one where the lender offers a slightly lower rate in the initial years and then charges higher rates in later years.

Thanks to the note ban, he's back!

Thanks to the note ban, he's back!

Rediff.com   27 Dec 2016

Demonetisation impact: Money lenders make a comeback.

Why banks are unable to deal with the cash crunch

Why banks are unable to deal with the cash crunch

Rediff.com   23 Dec 2016

Banks have reported that banknotes worth Rs 592,613 crore have been issued to the public.

'You never know what notification will come on Friday'

'You never know what notification will come on Friday'

Rediff.com   22 Dec 2016

'Nobody will wait now. Everyone will come to deposit their old notes. The confidence is shaken.'

Bank staff slogging it out on their own

Bank staff slogging it out on their own

Rediff.com   17 Dec 2016

There is not much bank employees can do, but some words of encouragement from the management would have helped. Stretched working hours and the tense atmosphere is taking a toll on their health.

Demonetisation blues? How to travel at ease

Demonetisation blues? How to travel at ease

Rediff.com   12 Dec 2016

'We feel EMI holidays should pick up now.' How travel companies are trying to win customers after demonetisation.