Aneesh Phadnis And Dev Chatterjee

Stories by Aneesh Phadnis And Dev Chatterjee

LIC questions Cairn's $1.25-bn loan to parent

LIC questions Cairn's $1.25-bn loan to parent

Rediff.com   4 Aug 2014

Fixed deposits can fetch 9-9.5% interest versus 3.5% to be received by Cairn, say institutions.

Corporate travel helps GoAir raise revenue

Corporate travel helps GoAir raise revenue

Rediff.com   1 Aug 2014

GoAir hopes to fly 15 million passengers by 2016-17, serve 30 destinations, up from 21 now, and will largely remain a domestic airline.

Reliance open to 30% stake sale in Jio

Reliance open to 30% stake sale in Jio

Rediff.com   31 Jul 2014

The company will wait for sizeable user base for better valuation.

Indian carriers may not get leeway on flying abroad

Indian carriers may not get leeway on flying abroad

Rediff.com   23 Jul 2014

Indian airlines currently are required to have a minimum fleet of five aircraft and five years of operational experience for starting international services.

Tata Sons' FY14 profit falls 18% on higher costs, other expense

Tata Sons' FY14 profit falls 18% on higher costs, other expense

Rediff.com   22 Jul 2014

Provisioning for bad investments, finance costs shoot up in FY14.

AirAsia India: Break-even target ambitious, say experts

AirAsia India: Break-even target ambitious, say experts

Rediff.com   21 Jul 2014

Unlikely to happen in less than a year,despite the advantage of the parent airline's base.

Now, it's easier for India Inc to get dividends from abroad

Now, it's easier for India Inc to get dividends from abroad

Rediff.com   15 Jul 2014

Budget 2014-15 has done away with the tax sunset clause of March 2014.

AirAsia eyes Northeast

AirAsia eyes Northeast

Rediff.com   6 Jul 2014

Tony Fernandes however did not specify routes.

Jet brings in new COO, Anita Goyal to join board

Jet brings in new COO, Anita Goyal to join board

Rediff.com   3 Jul 2014

Jet Airways expects to return to profit in the next 18 months, following implementation of a new route network and fleet strategy and cost optimisation measures.

RCom to raise Rs 5,000 cr by selling real estate

RCom to raise Rs 5,000 cr by selling real estate

Rediff.com   3 Jul 2014

The company will use the proceeds to part-repay its debt, which stands at Rs 34,000 crore (Rs 340 billion) even after the recent qualified institutional placement of its shares. An RCom board committee recently approved the sale of these assets.

Tata Sons pledges TCS shares for Docomo deal

Tata Sons pledges TCS shares for Docomo deal

Rediff.com   1 Jul 2014

In January this year, Tata Sons invested an additional Rs 2,500 crore (Rs 25 billion) in Tata Teleservices which was used to repay loans of the wireless telephony company.

Kumar Birla tightening grip over B K Birla companies

Kumar Birla tightening grip over B K Birla companies

Rediff.com   30 Jun 2014

The company had appointed a three-member committee of directors to implement the changes.

Star Alliance membership to boost Air India's revenue

Star Alliance membership to boost Air India's revenue

Rediff.com   24 Jun 2014

For international travel, frequent flyers look at network and Air India's global network is weak.

Promoters cash in on bull run to get their pledged shares released

Promoters cash in on bull run to get their pledged shares released

Rediff.com   13 Jun 2014

Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.

Now, Ambani brothers are co-investors in Yatra.com

Now, Ambani brothers are co-investors in Yatra.com

Rediff.com   8 Jun 2014

An industry source said Reliance Industries did not have a controlling stake in Yatra.com through its acquisition of Network 18. It was just a financial investment.

Mallya to remain chairman of MCF board even after sell off

Mallya to remain chairman of MCF board even after sell off

Rediff.com   22 May 2014

The agreement says UB Group and Adventz will have the right of first refusal over each other's shares.

CEOs, lawyers want action on 'tax terrorism'

CEOs, lawyers want action on 'tax terrorism'

Rediff.com   19 May 2014

Chanda Kochhar, managing director of ICICI Bank, says the new government must take effective action bringing clarity around tax laws.

Etihad money in kitty, Jet looks to get out of air pocket

Etihad money in kitty, Jet looks to get out of air pocket

Rediff.com   13 May 2014

Airline now financially more stable but still in the doldrums as the operating environment remains tough.

Why is ability of Indian cos to generate profit declining?

Why is ability of Indian cos to generate profit declining?

Rediff.com   30 Apr 2014

Revenue yield on every rupee of investment fell to Rs 1.06 in FY13 from Rs 1.20 in FY08.