Aneesh Phadnis And Somesh Jha

Stories by Aneesh Phadnis And Somesh Jha

How brands are making a splash at Kumbh Mela

How brands are making a splash at Kumbh Mela

Rediff.com   23 Jan 2019

Milk booths by Amul and Mother Dairy, a Kumbh phone by Reliance Jio, Dabur's toothpaste dispensers are among the many initiatives by brands steadying for a stint on haloed ground.

Battle for Jet Air hots up

Battle for Jet Air hots up

Rediff.com   18 Jan 2019

While Jet founder Naresh Goyal said he was willing to infuse Rs 700 crore and also pledge all his shares in the company provided he can have at least 25 per cent stake, the airline's foreign partner Etihad Airways insists he must not keep more than a 22 per cent stake.

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.

Should we scrap quarterly job surveys?

Should we scrap quarterly job surveys?

Rediff.com   16 Jan 2019

A government panel examined the records of employees surveyed by Labour Bureau's quarterly enterprises surveys and mapped it with the EPFO's subscribers and found "unexplained variations" between the two.

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

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.

These two ministries are clashing over paid maternity leave

These two ministries are clashing over paid maternity leave

Rediff.com   31 Dec 2018

After complaints that the new law may impact employment of women, the government has framed a scheme to provide monetary incentive to companies, reports Somesh Jha.

BoB-Dena-Vijaya Bank merger: What it means for their customers

BoB-Dena-Vijaya Bank merger: What it means for their customers

Rediff.com   24 Dec 2018

The combined entity is set to be the third largest bank in India, behind State Bank of India and ICICI Bank.

Is RSS union trying to split India's trade unions?

Is RSS union trying to split India's trade unions?

Rediff.com   21 Dec 2018

BMS allies with breakaway faction of Congress-affiliated INTUC. This marks a new chapter in India's trade union movement

Shaktikanta Das impresses first RBI board meeting

Shaktikanta Das impresses first RBI board meeting

Rediff.com   15 Dec 2018

'His (Das) approach to work seems that of working as a team with ease in communication.'

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.

What will the new RBI guv focus on Dec 14 meet?

What will the new RBI guv focus on Dec 14 meet?

Rediff.com   13 Dec 2018

The Centre's proposal to call for governance reform in the RBI could, however, take a back seat, a source privy to the development said.

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.

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.

RBI may have to restructure its key committees

RBI may have to restructure its key committees

Rediff.com   30 Nov 2018

The government has proposed "drastic changes" in the rules framed to retune the composition of three committees of the RBI: Board for Financial Supervision, the Board for Payment and Settlement Systems and the Committee of the Central Board.

PSBs get more teeth to checkmate defaulters

PSBs get more teeth to checkmate defaulters

Rediff.com   23 Nov 2018

The Ministry of Home Affairs amended its guidelines on October 12 to include the chairman, managing director or chief executive officer of each public sector bank on the list of authorities who can issue requests for opening look-out circulars against whom an FIR is yet to be filed.

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.

FinMin-RBI differences come to the fore again

FinMin-RBI differences come to the fore again

Rediff.com   31 Oct 2018

The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.